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From what I have seen so far, I'm 90% certain MaidSafe is a scam. I really wish it is not, because I would love the end product. But my instinct keep telling me it is.
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Here is what Maidsafe claim : A new p2p Internet. Free and decentralised. Here is what it is (so far) : A copy of a 14 years old open source project named freenet. A centralized closed source software that need you to trust the staff not to look at your data and sell it to NSA. An incentive to centralize all the network because of the competition for money. As a consequence, your data could be deleted and lost. An unfair IPO at a fixed max amount that force people to send in a hurry without checking the project. A huge pump&dump manipulation for MasterCoin. A future pedophile network.
A money laundering for MtGox stolen Bitcoins. You had me until "A future pedophile network". So the government should shutdown TOR because it has pedophile content on it? |
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怎么又回到0.30付钱了？前些天1.x付钱我看挺好啊
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Sorry OP, if you can't even write posts properly, I can't take you seriously.
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Hi blockchain.info people, can you stop choosing my language for me? I'm aware I have Chinese support installed on my system and my locale is set to "China". But it doesn't mean I want to read your website in Chinese. It's ok to display Chinese version to me at first. BUT after I have chosen "English", please set a cookie and keep displaying English to me. Right now it has become impossible to use the English version, your site will always revert to the Chinese version.
I think you need to stop ignoring what the user's preferences are. Like a while ago, you keep displaying USD at the transactions page, even though I have set the preference to display BTC several times.
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Cost of the operation. electric, loan repayments (unless its all paid for) rent etc. 4 months ago BTC was worth 2x what it is now, its a big chunk to lose.
6 months ago Bitcoin was worth 1/5th what it is worth now, it's a big chunk to gain. Then he would have done better by straight buying BTC. |
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I used to love Apple.
A high quality prison is still a life in jail.
Wouldn't argue with that. iOS is a high quality prison, but to each their own. Good thing most people do love their freedom, that's how Windows won on the desktop, and Android won on mobile. |
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It recovered when it became evident that China won't be banning Bitcoin outright and now it's below $400 again. Any theories as to why?
Because the price was too high, the adoption rate wasn't there yet. China was just an excuse for the traders to dump. Basically any bad news were used as excuse to dump, and good news didn't cause any rise (I consider striple/square implementing Bitcoin very good news, yet they didn't cause any rise). Think about it, if we maintained the $1200 price tag, each day about 4000 BTC is produced by miners, we need $5 million USD new money, every single day, to maintain the price. It wasn't sustainable at the current adoption rate. So we are dropping down to the more realistic $1.5M each day. You are assuming that all coins that are produced by miners are sold which is wrong. Majority of them are sold, electricity bill doesn't pay themselves, and miner cost have to be recouped, I know many miners took on loans to buy miners. Electricity and paying loans only requires a part of what you mine. If it requires everything that you mine then you are on 0 and it's not worth mining. Yes, but unless they plan to hoard the coin FOREVER, at some point, it WILL be sold. Either by converting to fiat or buying goods/services, and the seller most likely will convert to fiat. |
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We do not need China at all for BTC growth.
Big VC $$$ is pouring into Bitcoin companies, and at this point China activity is no longer vital.
The market could recover quickly.
Wow, you're quiet an expert. China is only the largest economy in the world. No, the USA still is....Google it if you need more info. No China is the largest, if we only counting industrial GDP. China has been #1 industrial GDP for a while now. US has a lot of garbage service sector GDP. For example, getting a basic haircut in China cost $1, while in the US cost $10. Service GDP are worthless. The growth of Bitcoin is agnostic to the fact whether it is used for junk GDP or industrial GDP. The US GDP is $16 trillion and twice of China's. So what if BTC is used for tipping Chaturbate girls vs. buying raw materials for producing goods? Service GDP is largely worthless because it produces nothing of value. For example, person A pays person B to eat shit for $1 billion, then B pays A to eat shit for $1 billion, they generated a total of $2 billion service GDP, while producing nothing of value. |
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It recovered when it became evident that China won't be banning Bitcoin outright and now it's below $400 again. Any theories as to why?
Because the price was too high, the adoption rate wasn't there yet. China was just an excuse for the traders to dump. Basically any bad news were used as excuse to dump, and good news didn't cause any rise (I consider striple/square implementing Bitcoin very good news, yet they didn't cause any rise). Think about it, if we maintained the $1200 price tag, each day about 4000 BTC is produced by miners, we need $5 million USD new money, every single day, to maintain the price. It wasn't sustainable at the current adoption rate. So we are dropping down to the more realistic $1.5M each day. You are assuming that all coins that are produced by miners are sold which is wrong. Majority of them are sold, electricity bill doesn't pay themselves, and miner cost have to be recouped, I know many miners took on loans to buy miners. Even for miners that doesn't sell, they are just "pre-sold", because their miner investment could've been invested in Bitcoin directly. |
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It recovered when it became evident that China won't be banning Bitcoin outright and now it's below $400 again. Any theories as to why?
Because the price was too high, the adoption rate wasn't there yet. China was just an excuse for the traders to dump. Basically any bad news were used as excuse to dump, and good news didn't cause any rise (I consider striple/square implementing Bitcoin very good news, yet they didn't cause any rise). Think about it, if we maintained the $1200 price tag, each day about 4000 BTC is produced by miners, we need $5 million USD new money, every single day, to maintain the price. It wasn't sustainable at the current adoption rate. So we are dropping down to the more realistic $1.5M each day. |
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I don't think gamers want to buy gpus that been ran at max load 24/7 for a while. I'm a gamer, I know I wouldn't  See it as an extended stress test - and those cards passed it  Then they went on another stress test... Then another.... Just no, never buying eBay gpus lol Agreed, bought 3 ebay GPU, 2 were junk, fans were barely functioning, freezes my PC all the time. NEVER AGAIN |
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We do not need China at all for BTC growth.
Big VC $$$ is pouring into Bitcoin companies, and at this point China activity is no longer vital.
The market could recover quickly.
Wow, you're quiet an expert. China is only the largest economy in the world. No, the USA still is....Google it if you need more info. No China is the largest, if we only counting industrial GDP. China has been #1 industrial GDP for a while now. US has a lot of garbage service sector GDP. For example, getting a basic haircut in China cost $1, while in the US cost $10. Service GDP are worthless. |
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How did this bug happen? how CAN this type of bug happen? it's inexcusable. Using non-https in the case, was more secure than using https (with openssl). Is this a joke to the openssl programmers? the person responsible should commit Seppuku already if he were Japanese.
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Fuck Apple and their overpriced products
Overpriced? Yeah, right. HTC One (M8) 32GB: $829 Samsung Galaxy S5: $649 - $749 Apple iPhone: $649 - $849 (32GB is $749 which is actually CHEAPER then HTC One M8) Nexus 5: $450 total for a 32GB ($50 shipping. Meanwhile, Apple charges $0 for orders over $50) Computers: Windows PC: $799 + Blacktop Protection (consumers) + Anti-Virus (5 yrs, $200+ total) + Microsoft Office / 365 Subscription (5 yrs, $99/year $500 total) = $799 + $100 + $200 + $500 = $1599. You need to factor in Windows 9, which will undoubtedly cost $119, and then future part upgrades, which would cost at least $300. So, in total, $1599 + 119 + 200 =2018. Even if you take out the 365 subscription, the total cost over five years is $1518, give or take part upgrades, OS upgrades, and even monitor upgrades. iMac: $1299 + AppleCare + iWork/iLife (Free) + Free OS Upgrades = $1299 + 99 = $1398. Mac Mini: $799 + Monitor = $999, $1099 with AppleCare. So, in reality, you actually pay more when buying a PC, albeit over five years. What the heck is this? how do you compare price without mentioning any hardware specs? Windows has built in AV, plus many freely available AV product. What the heck is blacktop protection? MS Office is not a requirement for using windows. You could use LibreOffice. Both are better than the shitty "iWork", even most Mac users prefer LibreOffice over iWork. Remove these bullshit $800 from the PC equation, now the Mac suddenly seem expensive, huh? |
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question: When I'm online, my browser is always using a SSH tunnel as proxy (it's connected to a VPS which I own). Am I still affected by this OpenSSL thing?
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Who cares, if you use Apple products, then you hate freedom period, therefore you do not need to know why Apple banned this or that, because you already submitted to their role as your master. Apple will decide what you are allowed to see, hear and use.
I have no interest in knowing why Apple banned this or that, since I have zero Apple products and will keep it that way
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Hi,
One block is solved every ~10 minutes. It is limited to 1mb, which means that there is a limited number of transactions per unit of time.
i.e. blockchain.info reports that in recently solved blocks one transaction used ~0.5kb, so there is a limit of 1mb/0.5kb == 2 097 152 transactions for every block.
I do understand that transactions which did not fit in one block go to the next one, but what if we will have constantly over 2 097 152 transactions every 10 minutes? That's only 3495/second, once Bitcoin will become popular, and used around the entire world, it's not so difficult to imagine this will happen some day.
Or am I missing something?
Much of the retail transactions will eventually happen offchain, kinda like what coinbase does now. If buyer/seller both have coinbase, the transaction will happen off chain. The only thing that happen "on chain" are deposit/withdrawals at coinbase |
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You must be new here. 1 hour confirmation is basically an everyday occurrence.
Though the better question is, how logical is it to keep the 10 minute confirmation time, when altcoins has already proven that 15 second confirmation is doable without problems.
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Our job is to inform, not to appease. Trustless is an accurate word to describe it.
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