Bitcoin Forum
May 29, 2024, 10:23:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 ... 459 »
7681  Bitcoin / Bitcoin Discussion / Re: Will a new type of Token or Coin replace Bitcoin completely? on: October 08, 2017, 02:13:44 PM
You can compare this with GNU/Linux distros. Taking Debian for example, Ubuntu is a fork from it, Xubuntu is a fork from Ubuntu and so Debian. There are maybe about 100 forks from it. Is there an OS that completely replaced Debian. Yes in term of popularity, but Debian is stll considered as the mother of all Linux OS and the most solid and stable. Why ? Because some of the forks are more user friendly.

A crypto developed with this idea can have the potential to replace Bitcoin in term of popularity. If the crypto is more user-friendly, more developed, a larger ecosystem etc.
7682  Bitcoin / Development & Technical Discussion / Re: So how much privacy do we really need? on: October 07, 2017, 05:33:11 PM
We all know that Bitcoin transactions are not anonymous but pseudo-anonymous, resulting in many problems like tainted coins etc.
Some cryptocurrencies offer significant more privacy (Monero, Zcash etc) but at a cost.
However my question is more fundamental: How 'much' privacy do we really need for a widely-adopted cryptocurrency?
I believe Bitcoin as-is won't get adopted for everyday transactions. Nobody would want showing his buying habits to the whole world (imagine how many ads and flyers you would get).
On the other hand, I don't believe cryptocurrencies that offer too much privacy will get adopted either, since they will be used for criminal activities and eventually get banned.
My feeling is that we want a currency that offers privacy to some extent, without revealing our transaction to the world but still be possible for law-enforcement to track illegal activities.
What do you think?

Most of the recent adopters and all those jumping after 2013-2014 are not so interested in Bitcoin for its anonymity that you can get with it. What Bitcoin provides is more than enough for most of them. How much privacy is needed is depending on the activity of the people using it. And most of the activity doesn't need more privacy than that

Others Altcoins with more privacy may be used for criminal/illegal activities we can't deny it, but comparing with the dollar it's nothing
7683  Economy / Economics / Re: Dogecoin Petition for Amazon on: October 07, 2017, 05:06:23 PM
You can have 10 miilions people joining your petition Amazon won't even read it and never take it seriously. In the case they start to think to accept cryptocurrencies as a payment method, do you think they will to add such a joke altcoin like dogecoin?


At the end of the day Amazon will accept or refuse.

If Amazon refuses too long to accept cryptocurrency - then a competitor will jump in and take Amazons stake of the cake!

The thing is Amazon has not much competitor at its same level. Maybe Ebay ? Then which ? Amazon has so much products (like Prime etc) that no other one has, so it won't hurt the company so much
7684  Economy / Service Discussion / Re: ShapeShift.io and CoinMarketCap on: October 07, 2017, 04:48:59 PM
Shapeshift is not a pure traditional platform exchange as we know it (like Bittrex, Kraken, etc) You don't have to deposit, create account, can't deposit cryptos, etc... They don't hold customers funds and hold only small hot wallets
And most important is the data can't be get from their API
7685  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM's on: October 07, 2017, 04:27:28 PM
There are few problems with Bitcoin ATM.
Most of the people are not interested to sell their bitcoin but rather in HODL mode. There is not a lot pf people suing Bitcoin for their daily life.
Secondly, for people thinking to buy some bitcoins, it can be easy and quick but at a cost.
If the machine is used 2 times per month, then there is no use for the owner
7686  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best way to withdraw ETH to bank via ACH or Wire? on: October 06, 2017, 06:52:17 PM
Hey guys,
I want to withdraw my ETH via ACH or wiretransfer after Coinbase closed my account. What other service can I use to do this? Thanks!

Go to join Kraken. Sell your ETH for dollars or euros etc and request a bank transfer directly to your account. You won't need to provide a document for verification, but you will have to be a verified  membertier 2 at least. You just fill your name, last name, dob, address and bank details and it's ok.
7687  Economy / Service Discussion / Re: Bitcoin VPS hosting for bitcoins on: October 06, 2017, 06:43:06 PM
Namecheap and Vuitr are both accepting Bitcoin as a payment method. Vuitr is a sold hosthing provider better than digital ocean in term of quality and price. I am not sure what do you call with manual installation? Do you mean unmanaged? Because all hosting provide unmanaged server at least.
7688  Bitcoin / Electrum / Re: Upgrading Electrum from 2.7.9 (Linux Tails OS), but Having Mutiple Errors on: October 05, 2017, 10:45:20 PM
Isn't Tails derived from Ubuntu?
Because
https://askubuntu.com/questions/268539/unable-to-locate-package-python-pip


Quote

Open terminal by pressing CTRL+ALT+T and type the following:

cd ~

to navigate to your home directory.
Then issue the below command:

wget -P Downloads/ https://svn.apache.org/repos/asf/oodt/tools/oodtsite.publisher/trunk/distribute_setup.py
Next step is to run the downloaded script. To do this, issue this command:

sudo python Downloads/distribute_setup.py
and type your user password when prompted (Please, note that your account needs to be a member of Administrators group in order to issue sudo).
Hit Enter and let the script run.
To ensure easy_install is installed, issue the command below:

which easy_install

The typical response in case the installation completed successfully would look something like this:

/usr/local/bin/easy_install
The next thing to do is use easy_install to install pip. For that you’ll need to issue:

sudo easy_install pip
Enter your password if prompted to confirm command.
Let the installer run and once the installation is completed type:

which pip

This command should typically respond with something like this:

/usr/local/bin/pip
7689  Economy / Speculation / Re: Amazon to accept Bitcoin as early as this October? on: October 05, 2017, 10:33:08 PM
This is a fake news guys. It is simple, no official source from Amazon itself=not a reliable source to rely on. How someone not related to amazon in any way can tell you this. Don't you think if it was true amazon shouldn't be the first to annonnce it.
And by the way, if you really want to know, the sam new was posted about dogecoin on investing.com (without givin any source or something like that)
7690  Bitcoin / Project Development / Re: Well Slack campaign die in every ICO? Due to unwanted massages? on: October 05, 2017, 07:34:54 PM
Slack is not a proper channel to use with the ICO projects. Basically, Slack is designed for companies to provide a workspace for workers to
talk all together, about tasks, jobs, etc. But people are misusing it, and use it as a chat/IM tool. No idea what they don't set up a chat server such as Ajaxchat, or maybe use Telegram or any other chat application
7691  Bitcoin / Bitcoin Discussion / Re: Legalization bitcoin on: October 05, 2017, 07:07:20 PM
You can't legalize something that was not banned before. Bitcoin is not illegal so how do you want to legalize it, it is already accepted hence legal. Most countries have not a clear position about cryptos but most of them (or all) don't ban bitcoin in any case. They gladly accept taxes related to your bitcoin activity
7692  Economy / Service Discussion / Re: Coinbase issue on: October 04, 2017, 06:17:30 PM
When I first got into bitcoin coinbase was the one wallet I found that seemed trusted and reliable. Everything is working out great until about eight months ago I got contacted by them saying they no longer allow US customers and that i needed to withdraw my btc. I did so. My issue is, i have a local friend who has a coinbase account and he has never heard of this or been contacted by coinbase. Was wondering if any americans had the same experience?

Similar case here. I have a friend using Coinbase since maybe 2 years and never have a problem since, me too I am using it since 3 years maybe. We both live in the same country.
About 3 months ago he has been contacted and be told that Coinbase doesn't work anymore with people from our country (outside US) has asked him politely to go to another place since he is not welcome anymore. Surprised by this, we also noticed that Coinbase removed our country from their list of accepted country.
The problem is he is the only one I know who received such invitation to leave the site.
7693  Economy / Economics / Re: The value of bitcoin? on: October 04, 2017, 06:00:33 PM
If the gold value was based on what it takes to mine it then the price wouldn't be so high. After all, they use slave children to mine and pay the families peanuts. There are several but the most significant parameter is the quotation established by the "fixing".

If the volatility is not something that people can handle then the cryptocurrency market is certainly not for them. Because there is not a lot much more volatile than cryptos
7694  Economy / Trading Discussion / Re: What is a good place to buy BTC for 2nd world countries? on: October 04, 2017, 05:39:33 PM
What sites have you tried so far? The most important thing to know is what method to do you accept to use? Because some websites are more convenient than others when you use a bank account or a card.

Have you taken a look at LoacalBitcoin? It is a website similar to Paxful and you may find a better opportunity there.
7695  Economy / Economics / Re: what will happen to banks? on: October 04, 2017, 05:32:43 PM
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.

Banks don't make much profits with fees, at least not as much as before. You also need to consider that banks offer services that blockchain/cryptos can't, such as insurance, loans, saving account, investments management etc. Most bankers have a profit from each product sold.
Also banks going into the blockchain do it as it can reduce the costs to operate, they don't do it much for security or because it is swag
7696  Bitcoin / Project Development / Re: Identity manager in the making - your thoughts? on: October 04, 2017, 02:51:09 PM
The idea itself is interesting but some things are confusing to me. So the browser extension is something similar to LastPass, Roboform, etc? The difference it each time the user needs to scan a code right?
But don't you think the average user will be annoyed to use this smartphone multiple times daily? While for example with LastPass you just click a button in your browser.
Would not it be more convenient if, for example, it works with a session, for example, you scan a code and a session is active for let's say 3 hours and then there is no need to scan for each website.

I think this kind of app can be popular, I suggest LynxPass, LynxKey, Lynx as a name
7697  Economy / Exchanges / Re: Newbie question (buying BTC at Kraken) on: October 04, 2017, 01:56:56 PM
This is like this with a lot of exchanges (surely all) Your BTC address (the one you got under funding>>BTC) act like an alias of the wallets owned by kraken, if you want to make a comparison. When you buy bitcoins they credit your account, not your wallet.

As Zazarb told you, you have nothing to do, the bitcoins are truly your (theoricaly speaking)
7698  Economy / Trading Discussion / Re: Sell Litecoin for Bitcoins? on: October 04, 2017, 01:37:13 PM
You can say that Litecoin doesn't have a potential but still, the price increased by ~20 in 6 months about. Bitcoin never did this. Litecoin is not a crypto to make a profit in a short period of time, it is the type of crypto that you keep for at least 1-2 year.

If you were thinking about a short-term plan then it may be better to sell your litecoin, but for the long run, keep your coins, forgot about them and come back to see after a few months.

If I were in the shoes of the OP, I would have split my initial investment in more cryptocurrencies, from 5 to 10.
7699  Bitcoin / Bitcoin Discussion / Re: Lack of protection: obstacle to use of crypto as money? on: October 04, 2017, 01:09:11 PM
When you pay in cash you usually get a receipt.
Usually aka 100% times in a civilized country and not in a 3rd world slump.
That is your proof you have paid and this is how things work fine for ages in Europe.

If the cashier is handing you the wrong change and denies taking your money you can of course call the police and have the cash in the machine searched and counted. We have a law in place here that while working as a cashier you are not supposed to have more than the equivalent of 5 euros on you.

I live in what you call a civilized country and not from Tier 3. And you don't get a receipt everywhere, today I bought cigarettes no receipt, then I've been to the bakery and butchery still no receipt. In the daily routine, I get a receipt at the supermarket only.
If you think the police will come to the supermarket because the cashier did an error or something like that then the police has maybe nothing to do in their office, because so far if you try here they will just laugh at you.

Yes, cryptos resemble cash. But:

- You don't use cash (or gold) for large "unattended" transactions. Do you buy with cash a 1000 usd / eur product in a dark alley when nobody else is present? In a transaction with other witnesses where the seller claims "You haven't paid for this" I can ultimately seek protection by law. I cannot say this is my banknote but I can try to prove that I have paid.

- You cannot use cash or gold for not face-to-face transactions.



You don't use gold to pay a transaction, I was referring to the old time when money didn't exist.
Why couldn't I pay a $1000 product if nobody is present, I don't need a witness. I make a deal with someone the person sign a letter confirming he sells me this and that and that's it.
7700  Bitcoin / Bitcoin Technical Support / Re: Help : How to identify which walllet it is from the btc address? on: October 03, 2017, 11:01:00 PM
We can , One exchange just proved it to me . I sent them numerous address and they told me which wallet/exchange the address belongs to .


They do this to not to send BTC to darknet and blacklisted addresses. So i am being curious that how it works.

They surely checked Walletexplorer https://www.walletexplorer.com something that everyone can do, you just need to enter the BTC address. However, you can find only wallets related to exchanges, web wallets, pools, gambling sites.
But you can't identify a wallet software (unless you find it on the www like for example the owner posted in publicly of course)
Pages: « 1 ... 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] 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 ... 459 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!