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701  Bitcoin / Development & Technical Discussion / Re: Is "cryptocurrency" a good term? on: February 12, 2018, 01:45:19 PM
at least it beats virtual currency which is a term i find seriously annoying.

there's lots of terminology that isn't actually a very good fit when you think about its literal meaning. having said that cryptography is one of the key foundations of what makes bitcoin possible so it's not a totally frivolous name.

like so many other things it's too late now to change it and at least satoshi himself came up with the term. that's good enough for me.
702  Alternate cryptocurrencies / Altcoin Discussion / Re: UNITED BITCOIN on: February 12, 2018, 12:37:11 PM
Then? Nobody has a synced node, I understood that some said they had one in this thread

this is the place to keep tabs on what the forks are doing - https://www.reddit.com/r/BitcoinAirdrops/

there are always people in that forum running weird scripts and nodes. if there is one running you'll find a mention of it there.

united bitcoin has gone down there just as badly as it has here.
703  Bitcoin / Press / Re: [2018-02-11] Binance Vs. McAfee: Hack Rumors Controversy on: February 12, 2018, 01:50:33 AM
this was a new low.

john mcafee's days as someone worth paying attention to are numbered. he is a legitimate crazy person and self serving scumbag. i'm amazed he didn't gravitate towards crypto before. it's a marriage made in hell.

why on earth did everyone choose to make this madman any type of authority? he didn't even know that bitcoin has had two halvings. it's only a matter of time before he launches his own monster ico and then he'll really piss all over his rep when it inevitably amounts to nothing.
704  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto criminals prefer Litecoin over Monero on: February 12, 2018, 01:46:15 AM
monero is too cumbersome. litecoin is just as open to exposing your dealings as anything else.

some day something will meet in the middle. will it be a second layer on an existing coin, an improved monero, or something completely new?

isn't litecoin planning atomic swaps with monero? that's probably the answer.
705  Bitcoin / Bitcoin Discussion / Re: China's Memo About A Bitcoin Crackdown Was Created By A Hacker And Is Fake on: February 11, 2018, 11:04:51 PM
these days unless you're the freaking chinese president himself, it's impossible to know what's true and what isn't. why wouldn't this site be a double or triple fudder?

and even if something is true in principle, people in crypto are inclined to twist everything they can get their hands on to further their own aims. when you throw in the translation angle, or failure of it, then it's a miracle anyone can operate on any of the information out there.
706  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a fake coin? on: February 11, 2018, 10:45:27 PM
there's no such thing as an operating coin that can be faked. that's how all blockchains work. all they have to do as a minimum is copy and paste bitcoin's code.

there are plenty of fakes in terms of icos, crowd sales and forks that never quite happen. that doesn't make them fake coins because they don't exist. they're fake projects, a bunch of promises that never happen.

if you have a known coin with a healthy network then it simply can't be faked. it would be rejected by the network and never reach your wallet.



 
707  Economy / Exchanges / Re: BTC DEBİT CARD on: February 11, 2018, 07:47:18 PM
as far as i know, this is one of the few global bitcoin debit cards left - https://wagecan.com

it costs a lot and you won't be able to get a turkish lira card. it'll only be dollars, euros and pounds. you'll be able to withdraw lira from an ATM but the foreign currency fees will be really high.
708  Bitcoin / Mycelium / Re: Will Mycelium support Segwit and Lightning Network? on: February 11, 2018, 07:42:17 PM
They haven't even started accepting BCH - which is/was their "next planned release"; So I wouldn't wait for them. Plus, I lost all the confidence I had on them after the ICO failure and the addition of the russian mining ICO.

they're a bitcoin wallet. they should be incorporating all of bitcoin's features first before even thinking of adding other coins. at this stage it looks like they're going down a pretty damn weird path.

when even vocal obstructionists like coinbase and bitpay are making noises about implementing segwit, there's no excuse for anyone else not to any more. i guess people might be lulled into doing nothing with the current fee situation but there's no way of telling how long that's gonna hold.
709  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Cash - hard fork of LTC - IS COMING ! on: February 10, 2018, 03:53:38 AM
have the forkers already run out of bitcoiners to hoodwink?

i can understand a fork that returns a coin to gpu mining. i don't understand one that heads to sha256. if it actually gets anywhere there's so much real mining power that's only slightly obsolete that the little guy this is trying to entice will be squashed flat in seconds.

let's have some bcash forks. that's one set of forks i can get behind. the more confusion and exploitation in that area the better as far as i'm concerned.
710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin on: February 10, 2018, 03:40:47 AM
https://twitter.com/centra_card/status/962080362309586944

Make sure to comment #BTX on this Centra tweet so that we can get into the community vote for March. This would allow Bitcore users to spend at 30 million businesses. They are one of the few cards that were not affected by the shutdown of WaveCrest.

is this a real and operating card or more vapourware like the monaco card? all i can see on their website are the all too familiar words 'preorder' and the repeated use of 'will'.
711  Alternate cryptocurrencies / Altcoin Discussion / Re: John McAfee Pump & Dump Group on: February 10, 2018, 03:35:14 AM
He's a brand name, people feel comfortable with their favorite brand.

then they're unbelievably stupid. 1980s john mcafee would've been worth listening to. he was sober and productive.

these days he's fallen off the wagon and it's run him over about a thousand times.

crypto people are so desperate to find authority figures to tell them what to think and do that he'll be able to milk them forever but it's to their never ending detriment.
712  Alternate cryptocurrencies / Speculation (Altcoins) / Re: RaiBlocks (XRB) is going to be a top 10 coin on: February 10, 2018, 03:32:58 AM
How do you see the issue with BitGrail and xrb that people have on their website? This seems to be affecting the price.

10% of the whole supply is now in the hands of a scammer. that ain't going to do it any favours. the person who has it could either be some random hacker or the guy who ran the bitgrail exchange.

it just goes to show that gathering around one service will always end in tears.
713  Alternate cryptocurrencies / Altcoin Discussion / Re: John McAfee Pump & Dump Group on: February 10, 2018, 03:09:53 AM
the binance fud thing should be the last straw for this guy, but it probably won't be.

he is a madman only interested in enriching himself. i can't believe he came out of nowhere really not very long ago and people started to take him seriously. many a poster on here has far deeper knowledge than he does.

i guess we're probably stuck with him. people get too many shots in crypto anyway but he has that extra history to draw on.
714  Economy / Speculation / Re: Bottom reached, next bull run... on: February 09, 2018, 12:36:58 AM
you can't time a market in a matter of days, especially one that's grown as large as crypto has. we have no real idea where we're at in the bigger picture. this time next month it might look very different and a lot more scary. no one knows.
715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 08, 2018, 11:42:08 PM
Checkout the stats here - https://byteball.fr/heartbeat.php
The number is 267 now, and it hasn't moved in a few days.

I must admit that it has been a failure. I had anticipated much more buzz and participation. Hopefully, we can keep this going and see if things improve closer to an ICO, but I guess it is time for the next experiment/distribution method, if any.

man, that is bad but completely expected. you're asking people to hand over ID to total strangers and go through all that hassle for a few dollars' worth of byteball. to expect a decent number of people to want to do that, let alone go through with it, is risible. it would have to be several times more in value and even then i don't think most people would do it.

handing over ID is kryptonite here. it'll be done to get on the biggest exchanges. not for a tiny airdrop.

this is a resounding fail.

as a few posts above, if there was a super compelling project that required it then it might be considered worth it and it's great that a system like this is in place, but here and now if i were a newcomer to byteball i absolutely wouldn't do it for what's on offer.
716  Bitcoin / Bitcoin Discussion / Re: Satoshi's vision has not been achieved! Why? on: February 07, 2018, 11:45:51 PM
bitcoin is what its users decide they want it to be. satoshi created it and sent it out into the world. it's down to the rest of the world to mould it. satoshi is now irrelevant.
717  Economy / Speculation / Re: Analysis on: February 07, 2018, 11:32:35 PM
Also, I get the April and November run-ups mixed up, but I recall Huobi becoming extremely influential on the market in 2013. Analysts had no choice but to pay attention to China. In fact, I recall Masterluc pointed to an overlap on Huobi's chart that signified that the bubble was over. (It was) So I wouldn't attribute everything to Gox.

china wasn't really much of a factor in april. by november gox was taking a firm backseat to china which is why the willy bot stuff doesn't feel like the definitive factor. i think bitstamp overtook gox during that run up too.

i guess gox could still be thought of as the place that sparked all of 2013 but by the end of it real money was leading.
718  Economy / Speculation / Re: THE BITCOIN CRASH LOOKS STRANGELY FAMILIAR on: February 07, 2018, 10:49:38 PM
this current level is absolutely nowhere near THE bubble. wall st. has only tentatively entered. futures volumes are tiny and they have no direct exposure to crypto, or virtually none. this is a foothill.

it's been a big bubble in bitcoin terms but still an amateur one in global terms. this one fits in one of the squiggles near the start of that chart, maybe somewhere between 1995 and 2000.

the real one will be unspeakably, unbelievably, epically huge.

it's a 24/7 market with exposure in almost every country in the world. the dotcom bubble was not far off 10 trillion inflation adjusted dollars and was mainly american stocks only. this'll be of as much interest to a cab driver in kuala lumpur as some high roller in new york.

you people need to up your scaling big time.
719  Bitcoin / Bitcoin Discussion / Re: VISA and Mastercard make it harder to buy Bitcoin and other cryptocurrencies on: February 07, 2018, 08:50:15 PM
anyone buying with a credit card is a freaking moron. they'd be the first to panic dump at half or less of what they paid so they would be an active hindrance to the health of the market anyway.
720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2018, 06:49:33 PM
That would also make some sense as to the timing of the Friedman LLP audit being terminated.

run this through google translate - http://m.etoday.co.kr/view.php?idxno=1592309

bithumb are guaranteeing tether's value no matter what happens. once again ifinex has slithered out of a corner by offloading their issues onto someone else. how do they manage it time and again?
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