Do your own investigation... find the first transaction from Satoshi to Hal Findley, it is documented in blockchain.io
Satoshi sent 1000 Btc to Hal.
Are you referring to this transaction? This is the first time the bitcoin network was used, ever, in like, sending bitcoins between two people. After that, the rest seems to be vague exchanges from unknown people. Where did the 1000 btc came from? Trace back to see where these 1000 were coming from... they come from multiple addresses that had mined 50 BTC each... sent to an address that received 2000 BTC 1000 of it was sent to Hal Findley Finney, the rest was spread the way I described /2 /2 and more BTC sent to other address.
I will find the exact hashes later when I have the time, it is complex. I doubt that this was done manually, too complicated. I think he was doing this with a script.
Uhhh, I might be missing out a lot on what you're saying, but apparently the first few transactions on the network are just block rewards and a few test transactions, none of which amounts to 1000, ever. The first true network activity began months after the first transaction was made. The point is not to find who is Satoshi, but who is NOT.
Which will be a valiant yet a dire effort, considering that one will already know who is fake and who is not based on how they know about bitcoin and how they interact with people. |
|
|
|
|
Due to the heightened risk of ICOs ending up as scams and just money grabs, I don't think insurance companies would even dare enter this market full of shitholes and scammers knowing that they're always betting against the wrong side of the coin. Also, even with the amount of regulations imposed for ICOs, I don't think people will view it differently ever again, knowing that only a few percent of those ICOs actually turned out to be legitimate. We know how insurance companies operate, and of course they wouldn't enter a market wherein they wouldn't gain shit.
|
|
|
|
You just got unlucky!
Really really unlucky!!
Twice unlucky. The recommended fee has dropped less than 1h ago to 12 satoshi/byte and 1-2 new blocks would have probably gotten his transaction. Now another wave is on and the recommended fee is 122 sat/byte. Now I hope you guys jinx it. The new wave of transaction doesn't seem to be coming down or lying low for the next few hours. Mempool seems to be pretty much adding up new transactions faster than miners can clear it. Well at this rate, OP would just want to hope for the best and wish that some miners out there would include his transaction, though I doubt it knowing that his tx is already deep within the mempool already. Just like what stompix said, a CPFP tx would do the trick. Or try what DannyHamilton stated here ( warning: huge block of text): I've been trying to use the accelerator but am continually getting the message "Submissions are beyond limit. Please try later."
The accelerator only allows 100 free accelerations per hour. They reset at the beginning of the hour. This means you need to attempt your acceleration withing the first minute or so of the hour. After that 100 other people will have already used up the 100 slots. In case your clock isn't set identically to theirs, I'd suggest trying at about 2 minutes before the beginning of the hour, and then re-trying every 15 seconds or so until a few minutes after the beginning of the hour. You should succeed during one of those attempts. since this transaction was a BTC purchase through the Glidera exchange, does anyone know what would happen if the transaction does not get confirmed and gets kicked back out?
Transactions never get "kicked back out". Some nodes, miners, and mining pools may choose to forget the transaction after a while if it hasn't confirmed yet, but if you store the raw transaction somewhere you can always re-broadcast it yourself to remind them until it finally confirms. If you don't do that, then you'll have to contact Glidera to find out what they do about unconfirmed transactions. Perhaps they'll re-broadcast. Perhaps they'll send a new transaction. Perhaps they'll steal your money and tell you "tough luck". I can't predict what someone else will do. 1. With CPFP, do I need to spend ALL of the unconfirmed funds, or just make sure that SOME of the uncomforted funds are being used?
You just need to use the unconfirmed transaction output as an input to the fee paying transaction. How much of that input you send elsewhere and how much you just send to a different address in your same wallet is entirely up to you. 2. I understand that I need to make sure a high enough fee is being paid to cover both transactions, but do I also factor in the .0003164 BTC on the unconfirmed transaction as part of the total amount when considering how much more to send ? In other words, if I wanted to make sure the fee on each transaction was .0004164 BTC, would I send 2x this amount, or would I send .0004164 BTC for the child transaction plus an additional 0.0001 BTC for the parent transaction (since .0003164 is already included in the original transaction)?
Generally miners that implement CPFP properly would add up the total bytes from both transactions and the total fees from both transactions. Then they'd calculate the fees paid per byte and compare to the fees per byte of all the other transactions (both other CPFP and other non-CPFP). The transaction (or set of transactions) that get the miner the highest profit (most fees per byte) would then get confirmed. If you decide later that you need to re-broadcast the transaction, here is the raw transaction: 0100000001dc2736bf4834fec9d7f5fc8930f34402a264f0a2f73e67c49a4099d75f16db6b010000006b483045022100b55d29a8e5e514a3636bfd072a986fde1014a45ad3e99164bdde363190d853fd0220576dfdf5d49efdc8cc30e72a2a8abe1a7498b648ac455d8605acc23cbcb22ed10121025834c58e5c1aae14e66a669e4b342a1e498258d0a6a5013f86c6535f2ac2e42affffffff0248e4d200000000001976a914cf41ac8d5d0cd15470cb64aa426bad1436bb2f2388acf0d2fe01000000001976a9148968a3751be6bf8446cbf93623a00968b21e187d88ac00000000
|
|
|
|
|
The US had been pretty much a harsh environment for crypto to thrive on lately, same as with the EU. No wonder big companies are trying to branch out and place their HQ somewhere in Asia (HK and SGP for example) wherein regulations are pretty much viable for the companies and the compliance is not that strict. If the US regulators persist in kicking/pushing away good crypto businesses out of their own soil, it's opportunity lost for them and not the services. There are loads of countries with light regulations re: cryptocurrencies, and it just gives services better operating environment than trying to fit in and be a slave to Uncle Sam.
|
|
|
|
In the event that you make a profit from the sale of your bitcoin, in many countries you will need to pay capital gains tax on this profit.
You take all the risk, and if it pays off, the government will be there looking for their taste - 30 to 45% of your gains.
From where I'm at, Capital Gains Tax is capped at 6%, and 30-45%, I think, only applies to rich countries with almost free everything. 1. Using an exchange that does not require KYC / taking your personal information
With the move from every corner regarding crypto regulation, I heavily doubt that you will actually find an exchange that imposes no KYC to their customers. Some don't, but once you reached $1000 on trading volume, you are forced to submit, else you cannot continue your trading ventures. 2. Moving your bitcoin to another address not associated with your exchange account - If asked you can say that you have sold this with 0 profit to the person who holds that new address, "a man by the name of John Smith I think it was". The bitcoin can then be sold on an exchange which does not require KYC.
Either way, they would still tax you even if no profit was made. You can't just go around and say that "hey I sold this to Alice, I made no profit okay?" and expect them to believe your story. Taint analysis on the blockchain is present. The only thing to do is perhaps change to a different altcoin then back to BTC then again, point 1, good luck finding an exchange with no KYC. 3. Transferring the funds from the sold btc to an offshore bank account, e.g. in Puerto Rico, which does not share information with foreign governments for tax purposes.
This is what most politicians do: transfer dirty money into Swiss bank accounts. Perhaps you can do the same, but then again exchanges hold the transaction records so I don't think you can go around with that. The question is, are there any reliable exchanges/p2p sites which do not require name/passport to sign up to?
None that I know of. Can these exchanges be linked to an offshore bank account in a jurisdiction which does not share banking info with other countries?
Swiss bank accounts are the only bank accounts that you can ensure to not give your banking info to other countries, though of course it will raise red flags once you do it. And with most countries closing their exchanges from outsiders, I don't think the freedom to link offshore bank account to e.g. an American exchange would still be possible. |
|
|
|
|
It's actually one of the most sane things to do if one is to profit. 300% increase in investment is no joke, and you can't find it anywhere else but bitcoin and crypto. I have actually done the same countless of times and feel no regret whatsoever even if the price is to kick higher than what I sold it for. Profit is profit, no matter how small or big. The reason why a lot of people lose a lot of money in the scene is because they are too greedy and are waiting to be at the top, when in fact they can instantly cash out and just wait for the price to tank and free themselves on all of the anxiety.
|
|
|
|
|
Don't trust the charts. Check volumes and price swings on different exchanges then do your decision. I've been into your situation countless of times and I have only trusted the charts and price trackers and never looked deeper into the action. $13500 is definitely not the price range we should be in currently, due to the fact that it came so rapidly without any solid backing. It's obvious that it was a pump after all and will not hold for long due to low volumes on the buying side and a huge number of sell orders listed.
Do not go by emotion and always check data and volumes, not just the prices.
|
|
|
|
|
Call me a sinner but I have sold a number of times due to practicality and trying to take advantage of the current trend in action. I first sold @ $2900, thinking that it cannot surpass $3000, only to find myself a fool when bitcoin reached $4000 within 2 days (this was in 2017). Sold again @ $18000 when everyone else was shouting $20k and I believed that the market couldn't hold, which, as expected, it didn't. Sold again @ $8700 and $9700 respectively in the current trend just to play it safe. I still have my faith in bitcoin even though I have sold a lot of times. Well you couldn't blame me, I have my needs and to further expand my business as well.
After all, we are degenerates of varying degrees in here, right? Or is it just me..
|
|
|
|
Well, destroying USD was the plan when creating EUR.
EUR is taking about 2% yearly from the market, but at this rate, we need again maybe 20 years to get USD replaced. Unless something geo-politic happens, like US vs IRAN for example...
Or yet another massive trade war between Washington DC and Beijing. If that even intensifies, we would be seeing much more shit than we currently are, and can potentially lead to the destruction of US dollar in years time. It may not be evident as of now but it's costing US more money, given that imports from China, especially on the electronic side of things, is a huge thing for the Americans. Anyhow, EUR is really created to exist side-by-side with US and potentially overtake it in the future, so I would not be surprised if EUR really takes the global currency spot. But then again, EU is having domestic shits of its own right now. |
|
|
|
|
I don't think there is an underlying reason to everything of this, and perhaps this is just another one of those bullish runs that will also fade once people have collected ample amount of profits for their pockets. Stocks seem to be on the rise as well for the past 2 weeks and no matter how hard one connects the events to the other, it simply just doesn't pan out. Either way, I'm still quite anxious to see yet another ATH within this year, or perhaps this train wouldn't stop by the end of 2019.
|
|
|
|
|
You can use an exchange API that you trust and link the price of your fiat value to your bitcoin price so that you will have no problems whatsoever in a fast-paced market such as bitcoin. Bitpay does it on their end and it's still what they're doing up to now. Or if you want you can just go ahead and employ the help of Bitpay for such things if you can't configure it for yourself, although be ready to pay service fee for using them. Remember, in order to keep your business afloat, you must need to keep some of your profits working to keep things smooth, so keeping everything in bitcoin is somewhat not ideal IMO.
|
|
|
|
|
I don't really think you are screwed. I myself have sold into the early $8600 ranges and I was happy since I made a huge profit off of it already. Now I'm just looking for a nice entry point to take advantage of this current rally and have expected the price to come down to at least $9k since the volume is waning just the other day. Well, turns out my predictions are wrong and I'm still waiting for the price to at least climb down a bit and buy it, whatever price it may be and just hope for the best. $11k is a good buy already, at least for me.
|
|
|
|
|
To be fair, bitcoin actually exceeded my expectations for the month of June alone. All I thought is that it would only touch $11k at most and would retrace back to $9k and then head on to target higher highs. Wish I had placed my buy orders somewhere on the high $10k earlier this day as I thought that the momentum has somewhat became weak due to lower volumes on the wee part of the day. Still I remain corrected that we will be seeing a correction back to $9k in the following weeks as I have an eerie feeling about this mini bubble that we're having right now. I hope I am wrong though.
|
|
|
|
|
Just hope that the same people whom you've helped getting in with bitcoin wouldn't be so greedy in the future, as most people who received quite a hefty sum of profits tend to think that it will always repeat and repeat ad infinitum, and that luck would never leave their side. Anyhow, it's great to know that you're having your own bitcoin meetups in your local. So far, the organizers here in our place held 3 successful conferences and meetups, and would really want to have an update on the newbies that we helped during those conferences.
This, perhaps is a testament to what I've been saying that if bitcoin couldn't solve the world's most complex problems regarding politics, at least it can help tip the scales even just a little bit for those lucky enough to know it early on.
|
|
|
|
|
For bitcoin? I don't think there is one, really. Libra would get a fair share of the market but not so much that it could make bitcoin crumble. What I'm more worried about is actually people getting in their private info in exchange of Libra, and repeating the numerous data leak bitcoin has found itself in the previous years. This isn't about the market share anymore but rather another ominous attempt by big corporations to trap people into their masked intentions for the public.
|
|
|
|
|
Ads are always tailored depending on what the users usually view on the web. Say for example, if I recently view chairs or beds on the web, ads would automatically display as my previous searches because Google somewhat saves those keywords on them for obvious purposes. Though I still find it funny that Youtube still allows crypto ads on their websites even though just a year or two ago, they imposed a ban on ads regarding crypto-related content but it seems that it has been slowly lifted over time. Even Google and Youtube is going bullish on crypto, hmm.
|
|
|
|
|
There isn't much of a threat IMO as even the industrial-grade supercomputers won't even be able to crack a private key off of a bitcoin address. Also keep in mind that there aren't any commercially-available supercomputer anywhere that can come near the level of quantum computing, or even quantum computing in itself is still an exclusive privilege to experience. Again, it will potentially take hundreds of years before we crack SHA-256, before going in to the juicy tidbits of bitcoin's algorithm. Perhaps by then, humanity would cease to exist because of reasons..
|
|
|
|
|
An unprecedented correction might soon follow, of course. What comes up must come down at a certain point, and sure enough this adage applies to stocks and crypto. The former seemed to have its correction overdue, so I guess we'll see a big hit on stocks once the inevitable comes. 2020 is the projected downfall of stocks by many analysts and economists around the world, together with the financial crisis long prophesied by a lot of expert economists as well. As for crypto, well the party is just getting started after the massive devaluation in 2018, so better get our tickets for the front seat, I guess.
|
|
|
|
|
Most African countries/territories rely on USD or CNY for external purchases due to the fact that most of their currencies are somewhat volatile and is prone to an abnormal rate of inflation. Now since the US has started its move on regulating cryptocurrencies and preventing offshore exchanges from doing its business on American soil, I guess it will even be harder for our African brethren to procure bitcoins/other crypto. You could use VPNs, but that will only last for sometime before being shutdown. Hoping for someone to provide infrastructure could work, though due to the low volume and market interest on the area, I don't think one will pop out any time sooner.
|
|
|
|
|
Everyone shifted their attention to bitcoin since it's the most profitable coin out there in the current times. Altcoins, on the other hand, are nothing but pure money grab opportunities made by devs. Honestly, ETH is the only alt that has gained a lot of improvement since its inception, and the rest are basically just the same with a few tweaks on the system but nothing new offered on the table. Anyway, bitcoin dominance will always be a metric used to compare and see whether people are still interested in it or not. As the market shifts its interest towards other prospects, sure enough bitcoin dominance % will shift too, and I think that's just normal and does not need to be a metric of its own.
|
|
|
|
|
Show Posts
