Bitcoin Forum
July 16, 2024, 03:23:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 [354] 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 ... 839 »
7061  Economy / Service Discussion / Re: ViaBTC accelerator minimum fee on: April 29, 2021, 06:26:26 AM
Oh well, I guess I'll just wait an eternity until the confirmations come and the mempool miraculously unclogs itself Roll Eyes

Unless you can RBF or CPFP, you will have to wait. But that "eternity" may last only until this week-end though  Cheesy

I have a feeling we have hit a dead end and the only way out depends on people who are not really that keen on helping out, as I was mentioning exchanges, each of them has its own plan, some have their own coin, they are slapping huge fees on BTC and zero for their chains with a purpose, not randomly.

Of course, everybody is trying to earn an extra buck if they can. But the users' pressure can do wonders; it has happened in the past, it will happen in the future.
And the Bitcoin scaling problem, while it indeed hurts, we are still one leap forward than what we had in the previous bull run. It's not what should be, I know, but still... (and Bitcoin is renown for how slow the things advance).

~
It's a very small cost for a huge advertising, so they pose as good guys, more potential miners hear about the pool...

Like an ad in which you advertise a 8h/day job with the mention, you pay only for 7hours as the rest is getting donated to strangers  Grin

LoL! You are exaggerating, since the ratio is far from that Cheesy and many miners won't understand nor care about that tiny difference.
On the other hand, I think that the other post with advertising BCH as payment for the acceleration, may also be a reason. Also, if the payment for acceleration is also split between miners (I simply don't know whether that happens or not), the things may be better for the miners (and for the ad too Tongue)

And yeah, pay attention and use RBF  Wink
If you are trying to pay a minimum amount in fees, at the expense of having to potentially wait a long time for confirmations you should use RBF, however you cannot use RBF if you want any chance of any service accepting your transaction without any confirmations (you will also need to pay a generally higher fee for 'instant acceptance').

I prefer to rely on RBF than on the benevolence of various websites which may or may not care of anything until the tx gets at least one confirmation.
Of course, in case of shops this may not be an option. Everybody has to think and know his use case.
7062  Other / Meta / Re: Google partial blackholing of Bitcointalk? on: April 28, 2021, 07:43:08 PM
There's a discussion that started last year on Google starting to act different.
Back then they were still returning for me relevant pages. Lately I started getting basically crap. Now I know why.



I've done exact search for some areas in that old post and.. woah, even older/weaker search engines (yahoo, lycos, excite) don't return bitcointalk. WTF?!
Until know it's DuckDuckGo and Yandex returning it, and I'm not really comfortable with the thought of getting to use Yandex search.
7063  Bitcoin / Bitcoin Discussion / Re: Cars That Can Be Purchased with Bitcoin on: April 28, 2021, 07:27:52 PM
This is not about Tesla. We already know that Tesla has started accepting bitcoin for their cars. My grandmother has heard the news. She doesn't know what bitcoin or Tesla is, but she knows they somehow made a pact. Pact is the actual word she used.

This thread was meant to highlight that Tesla was not the first company do to so, and that it was possible to purchase vehicles for cryptocurrencies 5-6 years ago.

Well, it was possible already 3 years ago to buy (new and used) cars in Romania with Bitcoin. At least one auto dealer, present in a couple of western cities was accepting Bitcoin.

But... (there's always a "but") there's a big difference and not for the average Joe, instead for you, me and the actual bitcoiners: while Tesla keeps those bitcoins, what you've seen before were only shops using payment processors and while the payment processor was accepting Bitcoin, the shop received at the end of the day fiat in the bank account.
(Of course, if Tesla starts playing pump and dump games, I don't even know which option is worse...)
7064  Alternate cryptocurrencies / Altcoin Discussion / Re: Serious Question: Bitcoin Monetary Policy vs Dogecoin Monetary Policy on: April 28, 2021, 07:11:07 PM
it could actually supplant Bitcoin as the base layer of the crypto economy. Not to say this is something that I want to happen as I feel that Bitcoin is better (the hardest money is the best money), but with people not knowing much about crypto and following the internet fad it might push Dogecoin into being a bigger thing than it should be.

I've thought for quite some time that Dogecoin, with its infinite supply and also cheap, it's much better suited for the job of being a coin.
Just then some many years have shown that the number of new coins every day is still too big, and we don't really want to switch from fiat inflation to another one.
And since we already discussing altcoins... right now imho Monero's tail emission looks better, and Monero is also fast and so on.
Still, unlike Dogecoin, it's not present at all exchanges, so Dogecoin still has its advantage.

But I think that after all, neither will replace Bitcoin. Maybe a bit late and frustrating, but I think that Bitcoin will evolve and still remain "the one". Don't forget that although Bitcoin has finite supply, the 8 digits after the decimal point can do wonders.
7065  Other / Beginners & Help / Re: Transaction fees: send or wait on: April 28, 2021, 06:40:29 PM
The mining difficulty that will be adjusted will really help, but I noticed the mempool has being getting less congested, it even gotten to the extent the fee of 17 sat/vbyte were getting confirmed recently, and some blocks are mined even less than 2 to 3 minutes in such time (I noticed this yesterday and today).

It's just luck between some blocks, the pace for the last 24 hours is close to what is supposed to be

That's correct. There were even some lucky blocks down to 11-12 sat/vByte. I expect that we may reach under 10 sat/vByte in the week-end and I hope for under 5 sat/vByte one week later.


you can't tell people endlessly to wait or to use another coin, in the end, they will simply go away and that's it. And exchanges need to start implementing LN, they have one of the biggest footprints in the blockchain, they profit the most from BTC it's about time to put those millions they make to make from fees to good use.

Sad, but true. And the exchanges are not in a hurry to implement, since it's still "advertised" as beta. And even afterwards, they may not change if the(ir) users don't pressure them a little.
Still, we're for now way better than in the worse months of 2017...
7066  Other / Beginners & Help / Transaction fees: send or wait on: April 28, 2021, 04:25:50 PM
First of all, since nobody can accurately predict the future, please keep in mind that what I'll be telling, although the logic tells they should happen, there's no certainty.
Also, this is for those how use proper, non-custodian wallets.


As you have seen, the transaction fees were quite big lately and some of you know that there were accidents in Chinese coal mines, power outages and miners off grid for a while, causing this.
If you have been following websites like https://mempool.space/ you know also that the things are a bit better now, but the mempool is far from empty and high fees can still be needed.


What's the news?
In 3 days from now there should be the new difficulty adjustment. The new difficulty adjustment is supposed to ensure that the miners find an average of 6 block/hour. And it happens every 2016 blocks (~every 2 weeks). This will make the thing better.
What's even more interesting? This time almost certainly the difficulty will be adjusted downwards, while the miners are basically back.


This means that I expect that for around 2 weeks, starting Saturday (3 days from now), the miners will find a bit more than the 6 blocks/hour, helping the mempool clear up.

All in all, I expect the transaction fees finally go down. So if you have transactions that can wait, if you want to consolidate small inputs and such, the 8-9 May week-end could be a great moment for them.
7067  Local / Altcoins (Monede Alternative) / Re: Care este valoarea unei criptomonede înainte de primul commit pe Blockchain?!! on: April 28, 2021, 08:01:25 AM
dar nu înțeleg de ce chiar toată lumea este speriata de darknet

Nu-i vorba de "speriat de darknet". Deloc. Problema este ca un serviciu de creare de moneda/blockchain sau de token este un serviciu cat se poate de legal si de normal. E doar programare. De aceea faptul ca aud de el pe darknet imi pune niste semne mari de intrebare.

In plus, legat de moneda, vei avea nevoie de un developer pentru cand apar primele surprize. Ca (daca primesti moneda) probabil vei primi ceva echivalent cu ce era Litecoin prin 2014. Iar daca vreun miner iti face 51% si trebuie fork, sau daca trebuie sa adaugi capabilititi, iti va fi extrem de greu si scump sa gasesti pe cineva sa ti le faca daca nu si-a bagat de la inceput mainile pe acolo. De aceea pentru acest caz recomand sa ai omul tau in echipa care sa faca moneda/rebrandingul de la inceput. Ca si el va folosi tot codul unei monede existente ca baza.

Daca nu vrei developer, solutia ar fi token, pe blockchainul altora (ETH sau altele). Dar daca nu stii ce au facut acolo, te poti trezi cu surprize in smart contract, de exemplu. Sau, dupa cum mai spusesem, sa aiba si ei private key al unei adrese care ar trebui sa fie doar a ta.

...doar ca niste extra sfaturi.
7068  Economy / Service Discussion / Re: ViaBTC accelerator minimum fee on: April 28, 2021, 07:52:03 AM
Confirmed.

Thank you.

Or you can make sure RBF is enabled so you can later bump your transaction above the limit if the mempool fills up and you want to use their accelerator.

I think that RBF is the proper way. In some cases, even if you make all the precautions and the tx should be fine for acceleration, too many others try to use it and you just cannot "get in". At least that's my feeling. And then RBF comes (so) handy.

As for the fee, yeah it has to be over 10sat/b, and be careful at the rounding up, there was a guy with a 9.966 sat/b transaction that was shown by some block explorers as 10sat/b but ViaBtc was refusing it.

Yep, I prefer to go for 10.1 if it's the case, just for sure.

To be honest, I'm even surprised they are even allowing transactions to be accelerated, ignoring the war between BCH and BTC, as a pool, they lose money with every low fee transaction they include in a block.

It's a very small cost for a huge advertising, so they pose as good guys, more potential miners hear about the pool...
And the cost is translated to the miners, after all. And if you split it between so many miners and machines, it's less than peanuts.
7069  Other / Beginners & Help / Re: Bitcoin Full Node on Raspberry Pi 400 on: April 27, 2021, 02:09:36 PM
I hope it's not off-topic, but I've seen second-hand older generation Intel NUC (I3-4010U/SSD 120GB/8GB DDR3) at 135$.
At this price, with SSD included, it looks to me a lot better than any RasPi, for this job. Am I missing something?
7070  Local / Altcoins (Monede Alternative) / Re: Care este valoarea unei criptomonede înainte de primul commit pe Blockchain?!! on: April 27, 2021, 10:47:32 AM
Mi-am făcut cont la ei sa încerc aplicația lor și chiar este ok dar pana fac rost de bani mai am de așteptat ... ma gândesc la fonduri europene... ca tine de digitalizare etc

Pe buneee?! Asta trebuie sa fie poanta zilei!
Crezi ca o sa primesti factura si chitanta pe darknet?

Eu cred ca te indrepti vertiginos spre o teapa de 5k-10k, dupa preferinte.
Daca habar n-ai ce sa faci cu "moneda" aia, las-o moarta si asteapta pana ajungi sa intelegi cu ce se mananca treaba asta.

O sa te trezesti fie cu altcineva avand private key la adresa care a creat un token (adica poate sa se bage peste tine), fie cu codul (sursa sau compilat) al unei clone de moneda, care daca necesita un fix sau imbunatatire ai pus-o. Si astea sunt cazurile bune. Exista si cazurile in care o sa primesti un malware sau nimic.

Cred ca ai citit undeva cum crypto te face bogat peste noapte si ti-ai pierdut mintile. Revino-ti!
7071  Economy / Economics / Re: Tesla Bought 1.5 B in Bitcoins on: April 27, 2021, 10:41:04 AM
what do you think, will Elon be investigated for this by SEC, since his tweets were a bit misleading regarding TSLA and BTC, and certainly had influence on price, which is kind-a not pure legal

I don't know how TSLA price has been moving, I'm not interested much in stocks.
Although it's an interesting thought, if you only meant the bitcoin price, SEC will not care. If TSLA price is involved (too), then yes, it may be the case.
7072  Economy / Speculation / Re: Next big news? on: April 27, 2021, 10:38:39 AM
if all people decide to stop selling bitcoin then who will buy and how would the price increase without having buyers?

The buyers and the sellers are not the same people (OK, the day traders are an exception from this rule). So if there will be less sellers it doesn't mean that there will be less buyers. You made up a relation that doesn't exist.
If the number of weak hands decreases then:
* if the number of buyers is at least the same, the price will grow
* if the number of buyers decrease then the price won't decrease (because people won't rush to sell)

This is (based on) how market works, after all...
7073  Economy / Exchanges / Re: Do you think Laszlo Hanyecz will show up to receive the 10,000 bitcoin? on: April 27, 2021, 10:01:02 AM
Just saw this event [~snip~] held by Phemex on Twitter. To celebrate Pizza Day and thank Laszlo Hanyecz for his contribution

The event is pure commercial. They don't expect Laszlo show up, they just found "a reason" to try to gather a little bit more publicity/awareness on their business and that's all.
And since you made an account just for telling us all this, I suspect that you are actually affiliated with Phemex.
7074  Bitcoin / Bitcoin Technical Support / Re: Miners fee on: April 27, 2021, 09:43:23 AM
Hi
There are 2 type of fees here:
1. The custodian services have their withdrawal fee, which covers miners' fee, but usually gives the custodians also some "pocket money"
2. Even if it's non-custodian, a wallet can easily miscalculate the fee, usually to a higher value.

Most wallets also assume that you are in a hurry and offer you the highest fee for fast confirmation.


Now, the network was in trouble about 10 days ago and it didn't recover properly yet (it will in some 4-5 more days). Also during working days more transactions are sent and the fee rises.
You should take a look onto https://mempool.space/ or the charts from https://jochen-hoenicke.de/queue/#BTC,24h,weight
The mempool is clearing up, slowly and if you have patience, even a much lower fee should do. But the lower the fee, the riskier it is that if the mempool fills up and your transaction will slack behind, maybe even getting forgotten and returning to the originating wallet (which you don't really want with a custodian wallet)

Also the transaction fee is not related to the amount you are sending, it's more related to the number of inputs, if it's a proper (non custodian) wallet.

All in all:
1. Ask separately about each wallet/problem you have.
2. Tell it more clearly, for example there are multiple coinbase wallets, custodian and non-custodian.
3. Try to learn all you can and, if no rush, don't send your funds before next Sunday. Also keep an eye on mempool.space and the fees the wallets show you.
7075  Economy / Trading Discussion / Re: Is Scalping even viable in Cryptocurrencies? on: April 27, 2021, 09:13:24 AM
You should read some reviews about crypto trading bots. From what I know, they do use scalping. But crypto market fluctuates on wider range than Forex, so you'll need different adjustments/settings.
I do not trade, however, so you'll have to research more than just my words.

What strategies do cryptocurrency robots use?

They often utilize a strategy called scalping.
7076  Economy / Economics / Re: Tesla Bought 1.5 B in Bitcoins on: April 27, 2021, 09:04:02 AM
Don't you think institutions coming into btc is inevitable!, especially seeing how btc has elvolved over time, i think it was already bound to happen, too much good things where happening around btc that this institutions can no longer stay away, maybe all this while they where waiting for the right moment to come in and 2020/2021 seem to be the perfect time for that,
i can understand your concern, this institution have the financial power to manipulate and play with the market but on the other hand, their investment is also important, it will guarantee sustainability and much growth, for now, we can only hope they did not play pump and dump too much and just hold to sustain the market price.

I know that institutions coming to Bitcoin is inevitable. The road was paved by Greyscale, MicroStrategy and a few others. It's a normal move by now.
My concern is about fair play, let's say. Because without this fair play, a lot of troubles will follow. And what Tesla did is not fair play.
7077  Economy / Goods / Re: Looking for Realme x7 Pro (Payment via USDT) on: April 27, 2021, 08:40:12 AM
This phone is not available here in the Philippines.

Doesn't AliExpress ship to the Philippines?
Of course, you may have to pay custom duties and VAT on top of what you pay to the AliExpress seller, but you may get to actually buy that phone.
(Just make sure you buy from a "Top Brand" seller with plenty of reviews for the phone).
7078  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: April 27, 2021, 08:22:36 AM
Did you guys read about the new Sprint Qualifying format?

Sprint Qualifying will be a race run over 100km and lasting around 25-30 minutes. It is designed to provide a short and fast-paced racing spectacle – similar to a Twenty20 cricket match – with drivers racing flat-out from start to finish without the need to pit.

The old qualifying format will be Friday and will decide the grid for Saturday's Sprint Qualifying?

the grid for the Sprint Qualifying decided on Friday afternoon, using the current qualifying format, with cars entering Parc Ferme conditions from the start of Friday qualifying

It's going to be.. a bit strange and also more interesting. And possibly more choices for the bettors  Wink
7079  Local / Altcoins (Monede Alternative) / Re: Cine ma poate invata sau sa ma ajute sa creez o moneda? Contra cost on: April 27, 2021, 08:09:18 AM
Uite aici o discuție pe baza căreia ai putea începe sa te consulți cu persoane care au legătura cu ceea ce vrei tu!

1. O moneda este mai greu de creat decat un token. Cineva trebuie sa aiba cunostinte serioase de programare ca cel putin sa modifice codul uneia existente.
2. Dupa cum am discutat, doar sa creezi o moneda "de dragul de a fi" nu e OK.
3. Cum cererea este de acum 4 luni, iar persoana care a postat-o nu mai e activa de atunci, acest topic este la limita "necro bump", adica la limita a ceea ce nu se face. Data viitoare cand raspunzi la postari, sa verifici cat de vechi sunt si daca persoana care a scris mai este printre noi (eu am un plugin care imi zice ca e inactiv).
7080  Bitcoin / Bitcoin Discussion / Re: (I have not sold any bitcoins) New words from Elon Musk on: April 27, 2021, 07:42:30 AM
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.

It's in relation with the fact that Tesla did sell 10% of their bitcoins.
And about investing... you have to really DYOR for your money, people should not suggest what you should do. And if you want to hear speculations on the price, just look at the speculation subforum: some will show you how bitcoin can go to 100k and beyond, some will tell you that's going to fall. In fact, nobody knows what the future holds and that why nobody should tell you what you should do with your money.
Pages: « 1 ... 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 [354] 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 ... 839 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!