Bitcoin Forum
August 15, 2024, 05:46:24 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 ... 840 »
7081  Bitcoin / Bitcoin Discussion / Re: 1 million BTC wallet on: April 30, 2021, 09:27:29 AM
There is no 1 million Bitcoin wallet but there is someone that has a 1 million bitcoin and that is satoshi, only satoshi has that and I don't think that satoshi will put all of it in just one wallet, that's a one strike one kill for satoshi if he forgot that one wallet.

You are wrong and you have a lot to learn. A wallet can contain any number of addresses.
So it can happen that some entity has that many coins, even if it's not Satoshi. If you would have read a few more posts before posting, you'd already know this much.
7082  Other / Beginners & Help / Re: Stay humble and stay safe on: April 30, 2021, 09:03:56 AM
Rather than humble, a better-suited concept would be private

I would first go for humble too. I mean that people bragging about Bitcoin may be perceived as ones having more money than they actually have, especially when Bitcoin price is on the rise and Bitcoin is all over the news.
Of course, private would mean no bragging at all, maybe not even telling anyone about the interest in Bitcoin. So yeah, it's somewhat debatable, but I'd say that both are needed.

And about the money / private keys at home, the problem is that even if one doesn't keep them at home, or keep them super safe and super encrypted, if that somebody was bragging and some think that he may have many coins, the 5$ wrench may come to action, breaking all those encryptions.
7083  Economy / Service Discussion / Re: New update on blockchain.com explorer on: April 30, 2021, 08:43:36 AM
but it will be good for the site to also indicate if a transaction is flagged to support RBF.

I still prefer blockchair.com to be the best though because it has all I needed including showing transactions that support RBF or not.

I've used blockchain.com for years too and it was hard to move forward. Somehow blockchain.com still remains at least one step behind the best blockchain explorers.
But somehow I find blockchair, although one of the best, not easy to read, not .. nice.
I am still hesitating between blockchair and mempool.space, but mempool.space seems to be winning, since it doesn't round the fee to integer.
7084  Economy / Economics / Re: How a digital EURO may look like on: April 30, 2021, 08:32:20 AM
I don't think such digital euros are even necessary, they can create a coin and give them the name of Euro but if it doesn't provide us with privileges of anonymity and freedom, I doubt anyone would use it. They have to combat crimes, not we, it's their burden, because of exceptions, they can't make rules for everyone and make it norm!

A stable coin pegged to EURO, provided by an entity much more trusted than Tether can ever be, accepted and probably advertised by most shops.. I doubt that there will be many who will not use it in some years.
It has a good chance to become something more widely used, accepted and probably cheaper(!) than Visa or MasterCard, which are also far from anonymous.
7085  Other / Meta / Re: Google partial blackholing of Bitcointalk? on: April 30, 2021, 08:20:13 AM
Google is notorious for changing things up with the algorithm A LOT, that could simply either effect your site in a good way, or sometimes even almost kill it in terms of traffic.

Still, searching for terms in the page should yield that page, even if the last in results, not ... just vanish.
I find the last changes of Google a total #fail. Actually since yesterday I also switched to DDG, although Google served me wonderfully since its early beginning.
7086  Bitcoin / Bitcoin Discussion / Re: chances of bank closing account if you buy bitcoin on: April 29, 2021, 03:27:30 PM
there is no chance of them taking all the money in your account, correct?

Well, if this happens, the money will be locked for quite a while and you may have to answer to various questions. Only after they unlock the money it's yours again.
From what I know this kind of situations are more frequent if you sell Bitcoin ("what's the source of your money?"), but keep in mind that most banks don't like Bitcoin, are afraid of Bitcoin and some may (still!) see Bitcoin investors/users as criminals.

But as said, best is to ask about the specific bank. Some banks - very few - even advertise themselves as Bitcoin friendly.
7087  Other / Beginners & Help / Re: Transaction fees: send or wait on: April 29, 2021, 02:56:46 PM
Does that make sense to you?

The last block fees were 0.84224237 BTC  the reward was 6.25000000 BTC, how many of those you need to do to compensate for every day you haven't mined?

I'll add that the bigger chunk of those extra/bigger fees will be most likely received by the remaining miners, not those turning off the gears.
I don't know who has come with this idea, I've seen it propagated in other threads too. And it indeed makes no sense.  Smiley

A weekend at the normal hashrate cut 80vMB from the top, there is another one coming before the adjustment that should force some extra 25 blocks a day, under normal circumstances one week from now on you the only ones left will be 1sat/b transactions.

We'll have about 1/4 of the week-end at this pace and the rest will be on lower difficulty. Yay!
I didn't want to be overly optimistic and say 1 sat/vByte, but I do expect to fall under 5 sat/vByte anyway.
7088  Bitcoin / Bitcoin Technical Support / Re: Old Wallet of 2013 on: April 29, 2021, 01:30:18 PM
I don't remember bitcoin.org being a web wallet... I've also looked into web archive and I don't see them advertise web wallets.
I've found this kind of start page: https://web.archive.org/web/20130705122359/http://bitcoin.org/en
I've found clients advertised: https://web.archive.org/web/20130705104306/http://bitcoin.org/en/choose-your-wallet
I've found like to WeUseCoins, but it doesn't seem to be web wallet: https://web.archive.org/web/20130116025906/http://www.weusecoins.com/getting-started.php

Now, in the choose your coin area, I see the logo for:
* Blockchain.info (now .com)
* Bips.me
* Coinbase

I suggest you take a look onto those pages maybe you remember a logo, if you indeed used a web wallet.
7089  Bitcoin / Press / Re: 2021-04-26 NYP - I took hallucinogenic mushrooms and made billions off Bitcoin on: April 29, 2021, 12:35:53 PM
The only outcome of an article of this nature is that of showing bitcoin in the usual bad way that the mainstream media likes more than everything. To catch a few more clicks, they can go as far as writing these stories.

Nothing new here. Journalists, media, they all have their own agenda: to generate revenue. They don't care about you, nor me, nor Bitcoin.
Before Bitcoin I already knew that TV shows are the filler between the commercials.

Out of normal events make people curious. So they didn't care they send a wrong signal, they didn't care it sounds like a poorly made up story, they have a story.
7090  Bitcoin / Press / Re: 2021-04-26 NYP - I took hallucinogenic mushrooms and made billions off Bitcoin on: April 29, 2021, 11:52:15 AM
It has not much to do neither with the mushrooms, since he didn't sell next day when he got sober, it's not much informative and people can get wrong impression about investing in Bitcoin, ... I'm neither amused not impressed.
There's only one good point in that news: luck is underrated.
7091  Bitcoin / Mining / Re: I will Mine Last Bitcoin on: April 29, 2021, 09:09:27 AM
If I start mining bitcoin today, can I mine the last bitcoin?

I don't know how old are you and I don't know how will the science advance, but year 2149 is a bit far though, so the answer is no.
All in all, every ~4 years the block reward is reduced to half, so the miners receive less coins from the mined block. But you should keep in mind that they do receive all the transaction fees too.

and what will happen when the last bitcoin mined? What miners will do after mining all coins?

Normally the things should continue as they do now. Just the miners, while now they get XBTC (from block reward) + YBTC (from tx fees), ... X will be 0, but Y may be bigger than now, at least as US dollars.


Maybe you want to read a little into https://en.bitcoin.it/wiki/Controlled_supply
7092  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊2 YEARS🦊🦊 (110 weeks) rented out] on: April 29, 2021, 07:08:32 AM
The phone call is what caused my 3 second delay, or maybe I was 4 minutes 57 seconds early.

Woah! Unless you are the same as Foxpup, which I believe you're not, not in this universe, you seem to be experimenting time travel and you've got some promising results!
I understand it's not commercially available, but it's a start!

I think I got it now how does Foxpup handle the payments: goes back in time, buys some bitcoin at under 1$ a piece, then she can easily fill some thirsty bags.
I understand that she didn't tell how she does this, but I'm impressed, you seem to have a good progress on replicating that procedure.
7093  Bitcoin / Hardware wallets / Re: Hardware Wallet Cables on: April 29, 2021, 06:59:04 AM
It may worth mentioning that there exist for sale adapters you can insert into the USB type A and the "make it become" USB-C or Micro-USB.
It's a very cheap and space efficient alternative for carrying one more cable. I use this for my Nano S to connect it to my phone when no trusted desktop is available.

The following link is only as example: https://www.aliexpress.com/item/4000719493594.html


This being said, any USB cable should do, I recommend USB-C because it's reversible (and I know people who ruined their Micro USB connector!!) and also seems to be the near future for the phones' connector.
So imho the package should be USB-A - USB-C with a USB-C OTG adaptor (USB-A desktop, USB-A + OTG for phone, USB-C for your device).
7094  Other / Meta / Re: Google partial blackholing of Bitcointalk? on: April 29, 2021, 06:41:29 AM
I can imagine this will be an improvement in some cases: I often get completely outdated information when I search something*. But if Google can't distinguish between what is and what isn't actually outdated, I'd rather get all relevant search results instead of only the most recent ones.

*Example: Covid travel restrictions. Any search results older than a few weeks are outdated, but a 5 year limit isn't going to improve that.

Google always had the option to restrict the results to the ones from a certain period. And it was great, and it should do for your use case.
But if no proper results are found whatsoever, there's nothing to restrict...
7095  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.
7096  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.
7097  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...)
7098  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.
7099  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...
7100  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.
Pages: « 1 ... 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] 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 ... 840 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!