In the local thread, we usually discuss about crypto. So, based on that perspective, this is offtopic.
However, in the gambling discussion section, there are few threads in which people discussing about the same. From that perspective, this is not an offtopic post. What do you think?
You will have to do as you feel. As it tells on the reporting page, you should not worry too much about the accuracy. The mod will then decide. From what you write here, the topic could deserve to be moved to gambling discussion.
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made me believe some of theories that BTC is actually created and promotes by illuminaties to achieve their goal of creating new world order.
So they've created it, they're promoting it, but they didn't buy at under 1$, or under 200$, or under 1000$, they'll invest now... Would this mean that until now they didn't believe in the product they created and they promoted? Does this truly make sense for you? Really?
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Do they come from the Dogecoin supporters? I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's not gonna happen. Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I am 99% sure it's completely unrelated to Dogecoin and its supporters. As said, at soon as there is something that can be exploited for FUD, most usual being the longer corrections, the FUD comes up in full strength. In my eyes it's some entities (even traders) desperate attempt to buy Bitcoin cheaper (every $ matters) by shaking the weak hands and newbies. It has happened before, it will happen in the future. In the era of fake news, FUD can be seen somehow similar to guerrilla marketing.
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Is it true that when there is sudden drop in hash rate the number blocks mined per day goes down? (does this then mean that the network has slowed down? As in, it takes longer for a transaction to be confirmed?) In which case, that is why people are willing to enter a bidding war and pay higher fees it seems... I think?
Yes, if hash rate drops, the number of mined blocks / day decreases. The "bidding war" for fees is however there, with or without the drop in hash rate. Those who want their transaction confirmed fast will have to pay more than the rest. Does the network re-adjust to its pre-sudden-drop levels of transaction capacity? (if that has indeed gone down?). If this is how it works, how long will it take do you think for the transaction capacity to return to normal if no increase in hash rate occurs? (as in if these miners stay offline for a while, such as weeks).
Every 2016 blocks the difficulty is re-adjusted. That is usually at 2 weeks, but of course, when the blocks slow down, this time will be also longer. At the adjustment we should get back to one block at every ~10 minutes. If this is all true, and the sudden drop causes a network slowdown, I am wondering, what happens if the network hash rate stabilises at this new lower rate for a while (such as weeks?).
Keep in mind that after getting back to normal the number of incoming transactions during week will still be high. So the mempool (the waiting transactions) will clear up only in the week-ends. Also keep in mind that many may withhold their transactions until "better times" and they may send them after the next difficulty adjustment. So the mempool will clear up: * in time, slowly, mostly in week-ends and when there's a somewhat cool down, but also when the price doesn't fluctuates too much * at some point the Chinese miners will come back online and then the hash rate will rise by a great deal, getting to much faster blocks and should clear up the current mess
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I guess the guy is asking regarding profitability no matter what you mine
Also in terms of profitability, it's still apples and oranges. 1 MH/s for one coin will not pay the same as 1 MH/s for another coin and also different from 1 TH/s for another coin. Find online some profitability calculators, hopefully some that are more up-to-date, and enter all the details, including the coin. Then you'll see how you stay with the profitability.
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Whether you use an altcoin (or bitcoin) for a long or short-term investment, or because it satisfies you as a medium of exchange, it'd be misleading to call it a "currency". I don't know who began this terrible start of the use "currency" after "crypto", but, in my opinion, it shouldn't be formulated like that since none of them are currencies.
A currency is a system of money in general use in a particular country. For example fiat. Fiat money gives central banks greater control over the economy because they can control how much money is printed. This is how the state works.
For the sake of discussion, I'll ignore the fact that you are many years too late and this naming won't change. I'll come to the fact that your... assumptions... are wrong. Merriam-Webster doesn't really take country/government in discussion when it defines currency. Even more, it tells that in the past even furs were used as currency. 1 a : circulation as a medium of exchange b : general use, acceptance, or prevalence // a story gaining currency c : the quality or state of being current : currentness // needed to check the accuracy and currency of the information 2 a : something (such as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange b : paper money in circulation c : a common article for bartering // Furs were once used as currency. d : a medium of verbal or intellectual expression … // neither side possessed any currency but clichés …— Jan Struther
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Vorbesti in cunostinta de cauza sau doar banuiesti? nu te contrazic ci doar te intreb.
In teorie sunt de acord cu tine, la orice informatie ar trebui aflat de la cineva stie, in acest caz cineva care a patit-o. Doar ca: 1. Cardurile crypto sunt inca relativ noi, iar ANAF poate sa vina sa te intrebe de sanatate si dupa 4-5 ani. 2. Sunt destul de putine persoane active in aceasta zona. Asa ca din pacate ma astept ca raspunsurile pe care le primesti sa fie doar logica si banuieli. 4. Daca cumparam direct cu crypto, fie un laptop, fie o Tesla, apoi vand si a ajung banii in cont? Ce zice ANAF-UL? ca am facut profit?
Din ceea ce ma astept, pentru ANAF nu este vreo diferenta intre a scoate banii si sa-ti iei laptop (sau Tesla) cu acei bani, si a cumpara direct cu crypto.
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Bitcoin has a massive crash and it's going to be down and down. We enter a bear market. dark time for btc.
Thanks for this. If I may have been somewhat uncertain about the state of this bull run, now I am sure it's not over. The more this kind of posts the better for my state of mind. I don't know.. should I pretend you are serious and advise you zoom out the price chart to see the big picture?
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there is also the consumer attitude, will people continue to pay $20-30 for a transaction that could wait?
Indeed, the remaining miners receive fatter transaction fees. But those out of business receive nothing. They have a lot of hardware staying unused and getting older with every moment passing. Plus that they probably have people they have to pay, maybe rent for the space too. That's not profitable for them and I would expect them do their best to get back in business, the sooner the better.
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We are now around 130 blocks behind where we would be if the hashrate has remained stable. This deficit has been increasing over the last 24-48 hours. Because of this, the length of this difficulty period will probably be closer to three weeks rather than two (we are currently 4 days in)
Yes, I am aware that the difficulty period will be about 30% longer than the usual 2 weeks, but on the other hand I didn't also rule out that China could, with some luck, get back to business before that time. Just after the things get to normal, this mess has to also clear up. That part I didn't really count...
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That's why I prefer the old school tracks to watching, every mistake is punished and you end up in the gravel, not like the new tracks where you have a "parking lot" to turn around.
You do have a point, but the older/old school tracks tend to be too dangerous. And especially Imola has it's own dark history. I won't mind if they put gravel as long as the walls are not too close and the cars don't get totaled.
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I decided to dump everything about crypto currency giving it a break. I also deleted my Blockchain wallet from my phone.
So you've simply thrown away 9000$ worth of Bitcoin just because you were angry. No, I don't buy that. Nice story, but no. I like fiction, I like drama, but no. If you were at least selling those, then it would have been making sense, but as it is now, no.
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We passed this weekend - still has n't confirmmed.
Unfortunately accidents have happened - read the news - making the network, instead of clearing up, getting even more full. And the situation is expected to go worse for at least one more week. Sorry. It's an unusual situation and you were unlucky. TX LinkWhat is ETA in the link upper? ETA tells in several hours (or more)! That ETA is an estimation. And in this case it's far from accurate.
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Could building bitcoin core by making it accept non-standard transactions be a solution?
You will have to also (solo) mine a block that contains that transaction and that block will have to be also accepted by the other nodes. So.. nope.
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Can we find the wallet address of coinbase? Or Why other exchanges have public wallet addree but coinbase does not?
I would guess that it's, amongst others, for security reasons. If it's not easily visible then they may spend some actual effort to hide it. And I would expect as part of this strategy, to actually have a bigger number of cold wallets, to avoid having it outstanding in the top richest addresses.
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If I buy bitcoin miner for 10k can I open bitcoin transaction accelerator site and speed up transactions for people? Is this possible?
No. You would have to solo mine and actually find blocks in order to have that working. And since you'll have only one miner, you may have better chance for winning the lottery...
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You do not have option, but I have just used ViaBTC free acceleratator now Actually the free accelerator has to be used first for the parent transaction, which is also unconfirmed and also with 44-45 sat/vByte. Without that being confirmed, afaik the current transaction won't be accepted.
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According to Willy Woo on twitter, somebody how was expecting the hash rate issue has deposited 9000 BTC just a few hours before the hash rate drop and may be playing now a bear game. Imho it's as good guess as any, still may worth mentioning...
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Monedele de azi care au premine sunt cu sansa foarte slaba de reusita din cate am observat. exista cateva, intr-adevar, care inca sunt existente si de succes si azi (ex: XRP.. cu exceptia problemelor legale recente).
Din cate stiu, si Dash/Darkcoin a avut premine. Dar povestea e mai nebuloasa si partial musamalizata, din cate imi amintesc. Si nu o duce rau. Exista si monede care au developer fee la fiecare block. Exemplu: BEAM si ZEC (din cate stiu). E o buna initiativa pentru a te asigura ca developerii sunt remunerati pentru munca depusa, dar nu stiu ce-o fi cu BEAM dupa ce trec cei 5 ani de developer fees si developerii nu vor mai fi platiti pentru munca lor.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Pai na, daca au pus ceva monezi deoparte si moneda a avut success, bingo! Daca nu.. E un pariu. Si e unul riscant. Asa-i cu proiectele de monede noi. Una peste alta, dintre toate cred ca tot vanzarile directe de monede in stil ICO/IPO/whatever reprezinta cea mai sigura sursa de incasare pentru acoperirea cheltuielilor initiale. Asa te poti asigura macar ca ai un venit pe care te poti baza. Altfel, totul e mai mult pe specula si vise..
Corect. Problema este ca s-a erodat increderea in ICO/IPO, si pe buna dreptate. Ca au fost unii care si-au scos banii cu varf si indesat, iar apoi au lasata moneda/proiectul de izbeliste. Si din pacate sunt mai multi care viseaza sa devina milionari decat cei care vor sa faca niste proiecte ca lumea si utile. Si asta face ca si variantele non ICO sa merite o oarecare atentie. Posibil ca pentru unii sa sune mai atractiv sa primeasca un 5% dintr-un milion de dolari decat sa ii zici ca il platesti cu $4k/luna.
Bine punctat. Mai ales daca il si convingi ca este 5% din.. posibil multe milioane.
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