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7861  Bitcoin / Bitcoin Discussion / Re: Why not increase the number of block mined? on: February 20, 2016, 04:41:00 AM
It would not longer be bitcoin, it would be Neoscoin and there would be mass panic and chaos.
Would you also cut the reward in half, allow more that 21million coins to be mined or simply shorten the time to get to 21million coins by only decreasing the block time?
7862  Bitcoin / Project Development / Re: would people be interested in something like this? on: February 20, 2016, 04:31:51 AM
How would you guarantee the security of the private key?
7863  Bitcoin / Electrum / Re: Strange behaviour on: February 20, 2016, 04:26:31 AM
You didn't have the exact amount of the transaction in your wallet so you had to send more which coincidentally ended up being everything from that address and you received change of 0.000101 back to 1AkGK5CZMNfE2N7SNYMdVgtNr2eXeXNXyS.  You should see it in the "change" section of your wallet.

 It's not strange.  That's how bitcoin works, the wallet tries to add up inputs that are as close as possible to the value of the transaction and you get the change back to a new address (unless you use manual settings).
 It's very similar to using fiat.  Let's say you bought something that cost $4 but you only had a fiver in your wallet. You would hand the fiver to the cashier at which point your wallet contains $0 until the cashier would give you back your $1 change.

 Maybe I have misunderstood your concern?

7864  Economy / Collectibles / Re: WTS Silver (crypto) coins on: February 19, 2016, 10:20:46 PM
Thanks for the info.  I originally wanted to get the set but I did realize the mintage was limited to 2000 coins and I didn't act quickly enough.  The original cost was around $1300 CAD for the set so it has really appreciated in value in a short time!
7865  Bitcoin / Electrum / Re: Strange behaviour on: February 19, 2016, 09:57:32 PM
No, not the ethereum txid, the Bitcoin txid from the sending of the coins to Shapeshift.io
7866  Economy / Economics / Re: US Debt Has Exploded on: February 19, 2016, 09:41:56 PM


 You're simply wrong.  Stop spreading FuD.

The EU sets requirements that insured deposits must be accessible for depositors within a specified time frame. Under EU rules, payout deadlines must be gradually reduced from 20 working days presently, to 7 working days as of January 1, 2024.  The insured amount is currently €100,000.

 In the USA, no depositor has ever lost a penny of insured deposits since the FDIC was created in 1933.

 Many countries have deposit insurance schemes.  Look it up man!


That means nothing. What's insured is indeed any account under 100k€, but it's insured by a fund having around 0.8% of the bank funds and only in 2024 not right now!
"The Deposit Insurance Fund would be equivalent to 0.8% of the covered deposits of all banks in the Banking Union by 2024."
http://europa.eu/rapid/press-release_MEMO-15-6153_fr.htm

This is no FUD man, if one small bank sinks no problem normally, the money should be found. But you gotta have only one and not too big.

  So it's sUpErFuD?  What are we talking about then, full scale global economic collapse or just the collapse of the European Union?
This is deposit insurance.  The failed bank will be taken over and it's assets liquidated.  What insurance scheme anywhere has to fund 100% of ALL potential liabilities?  None; nowhere and neither is it necessary.

NB. I'm not an actuary but I slept at a Holiday Inn Express last month.


Lol! There is a difference in saying it's 100% insured (which is hard I agree) and say that it's 0.8% insured!!!

I don't really call that insurance! Would you say your house is correctly insured if I promise you to repay you 0.8% of its value if it burns down?

I don't really see the FUD here...

 It IS 100% insured up to 100,000 euros payable in 20 days.  The 0.8% is the amount the insurer must have on-hand in reserve.
Your scenario would have every house insured by my insurer burn down on the same day.  The only way that's going to happen is some sort of cosmic event or "act of god" - in this case, my insurance policy would be nullified as it doesn't cover era-ending asteroids or world war.
7867  Economy / Economics / Re: US Debt Has Exploded on: February 19, 2016, 09:32:01 PM
Let me tell you with 100% certainty that very few Europeans have current accounts with €100,000 in them. 
You are confusing total wealth with bank deposits.  People have money tied up in their home and other investments, savings accounts are not for holding all of your assets especially with interest rates being at all time lows.  There would be no need for such a huge sum were all of the banks in the EU to suddenly fail.  I don't know the exact figure today but in 2010, the average EU person's bank account was around €6800

Sorry to disappoint you, this is a promise the EU and your country could not hold when it comes to extreme.
100k € times 500 million people are 500,000,000,000,000 € (in words 500 trillion).


People have right on their money. Still due to the economic system followed over the past people have money and certain value assigned for money. So certain changes need to be done in economic system.

People think they have right on their money.
Whereas in reality they have right on nothing as they don't own money. Banks own money and people have bank credit that's all. If a bank closes you lose all your money.

 Not in my country, friend!  Our deposits are insured.  I get my money back if bank closes.  100% coverage up to 100k.



 
7868  Bitcoin / Bitcoin Discussion / Re: 3 Hours no no confirm on: February 19, 2016, 05:59:03 PM
Are the devs ever going to add a "cancel and resend with a higher fee" button? Cause that would be so cool Smiley

 Awwww great.  Now we're way off topic.  Lock the thread!!
Nevermind, I forgot I can "unwatch".

"cancel and resend with a higher fee" wouldn't be cool for those accepting payments but maybe cool for those scamming merchants.

7869  Bitcoin / Electrum / Re: Strange behaviour on: February 19, 2016, 05:54:48 PM
Do you have the transaction id?  We can easily verify the fees.

7870  Bitcoin / Bitcoin Discussion / Re: 3 Hours no no confirm on: February 19, 2016, 05:13:39 PM
great it's confirmed - lock the thread and call it a day.
7871  Bitcoin / Electrum / Re: Strange behaviour on: February 19, 2016, 04:20:23 PM
So, I had 0.362.93055 BTC in my wallet and I send 0.36195188 BTC to Shapeshift to trade them to ETH.  The Eth arrived and I got a receipt from Shapeshift with all the correct details but my wallet shows 0.362.93055 has left leaving a balance of zero.

Can anyone explain what might have happened?

 Looks like the transaction fee was the remainder of your balance.
7872  Economy / Economics / Re: US Debt Has Exploded on: February 19, 2016, 03:41:14 PM


 You're simply wrong.  Stop spreading FuD.

The EU sets requirements that insured deposits must be accessible for depositors within a specified time frame. Under EU rules, payout deadlines must be gradually reduced from 20 working days presently, to 7 working days as of January 1, 2024.  The insured amount is currently €100,000.

 In the USA, no depositor has ever lost a penny of insured deposits since the FDIC was created in 1933.

 Many countries have deposit insurance schemes.  Look it up man!


That means nothing. What's insured is indeed any account under 100k€, but it's insured by a fund having around 0.8% of the bank funds and only in 2024 not right now!
"The Deposit Insurance Fund would be equivalent to 0.8% of the covered deposits of all banks in the Banking Union by 2024."
http://europa.eu/rapid/press-release_MEMO-15-6153_fr.htm

This is no FUD man, if one small bank sinks no problem normally, the money should be found. But you gotta have only one and not too big.

  So it's sUpErFuD?  What are we talking about then, full scale global economic collapse or just the collapse of the European Union?
This is deposit insurance.  The failed bank will be taken over and it's assets liquidated.  What insurance scheme anywhere has to fund 100% of ALL potential liabilities?  None; nowhere and neither is it necessary.

NB. I'm not an actuary but I slept at a Holiday Inn Express last month.
7873  Economy / Economics / Re: US Debt Has Exploded on: February 19, 2016, 02:58:01 PM

People have right on their money. Still due to the economic system followed over the past people have money and certain value assigned for money. So certain changes need to be done in economic system.

People think they have right on their money.
Whereas in reality they have right on nothing as they don't own money. Banks own money and people have bank credit that's all. If a bank closes you lose all your money.
What are you talking? If we earn the money, we don't have any right on it? Also, whether private or public banks shut down, the customers get their money back and only lose the interest. Even if any bank is in complete debt, it's possible to recover the money from the Reserve Bank and they decide whom they should pay and whom they cannot.

Absolutely not. What you "have" in bank is only a debt and nothing more. If the bank crashes you get nothing...

 You're simply wrong.  Stop spreading FuD.

The EU sets requirements that insured deposits must be accessible for depositors within a specified time frame. Under EU rules, payout deadlines must be gradually reduced from 20 working days presently, to 7 working days as of January 1, 2024.  The insured amount is currently €100,000.

 In the USA, no depositor has ever lost a penny of insured deposits since the FDIC was created in 1933.

 Many countries have deposit insurance schemes.  Look it up man!
7874  Bitcoin / Bitcoin Technical Support / Re: 'Send as zero-fee transaction if possible' is misleading and illogical on: February 19, 2016, 02:11:30 PM
I recently sent a transaction using Bitcoin Core 0.11.1

I checked the Recommended fee selection button, but I also ticked the box underneath that says "Send as zero-fee transaction if possible"

BOTH these options are now selected.

This is how my brain interprets what I chose....
'Send the transaction with the recommended fee... OR if somehow possible, send it with no fee - whichever WORKS best.'

Unfortunately I found out it doesn't mean that at all! - The transaction simply gets sent with no fee!

This is illogical and misleading - It is an either-or option, you shouldn't be able to select BOTH of these options at once!

If you select the "Send as zero-fee" - then the other 'Recommended' fee option should be unchecked right!

On top of that - what does that even mean... 'if possible' ?

Personally I think this should be changed as it is very confusing.

It should have 3 options... Recommended, Custom OR zero.
But then again - why even have the zero option as it basically doesn't work anyway.

At least fix the logic error there - it doesn't make sense.

 Just because you don't understand it doesn't necessarily mean there is an error in logic.  Keep Calm℠ and read this:

If any of the outputs (including any change) of your transaction are less than 0.01 XBT, then a fee of 0.0001 XBT is required.

 So you see, it is both logical and functional.  Avoid faucets that will load your wallet with dust and you can avoid network fees.  However, keep in mind that network fees are essential to the long-term viability of Bitcoin.
7875  Other / Politics & Society / Re: Turkey´s Civil War: Fighting moving from rural areas to cities on: February 19, 2016, 02:02:20 AM
Kurds should have their own country seceding from Turkey. Turkish leaders are barbarians, and Republic of Kurdistan needs to be established. Right inside Turkey.

kurds are barbarians for me.. they are asking for some rights by using terrorism instead of using peaceful ways.. this is what we hate..

If they blow up soldiers that can hardly be called terrorism. After all the military blows up civilians on a regular basis. Is that terrorism?

 Terrorism - the use of violence and intimidation in the pursuit of political aims.

Yes it is.


Bill Clinton agrees

terror — meaning killing and robbery and coercion by people who do not have state authority and go beyond national borders —

https://foreignpolicy.com/2009/11/30/bill-clintons-world/

 I imagine Bill knows a lot more about terrorism than I but I'll have to take you at your word as the site at the end of this link wants me to subscribe to read the article.  While I appreciate others' opinions, I don't always like to pay for it.

Edit.
Actually that statment looks contrived to protect state-sanctioned militarism to promote American interests on an international level.  So, Bill and I do not agree.



I get this subscription nagging but get to the article. I did register with them maybe that´s the difference. Foreign Policy is the mouthpiece of the CFR so it´s straight from the horse´s mouth I guess.

Thanks! I'll try signing up and see if I can view articles.  I was on my android phone earlier; maybe it will work differently from my desktop too.
7876  Economy / Collectibles / Re: WTS Silver (crypto) coins on: February 19, 2016, 02:00:06 AM
Roughly, what do you think the 2013 superman 7 coin and stamp set is worth?

http://www.ebay.com/itm/321910361921

 Thanks for trying to help but that set is missing the gold coin.  If tyrion70 sells the set with the gold coin for just under a thousand, it would be a steal - literally Wink
7877  Other / Politics & Society / Re: Turkey´s Civil War: Fighting moving from rural areas to cities on: February 18, 2016, 09:36:05 PM
Kurds should have their own country seceding from Turkey. Turkish leaders are barbarians, and Republic of Kurdistan needs to be established. Right inside Turkey.

kurds are barbarians for me.. they are asking for some rights by using terrorism instead of using peaceful ways.. this is what we hate..

If they blow up soldiers that can hardly be called terrorism. After all the military blows up civilians on a regular basis. Is that terrorism?

 Terrorism - the use of violence and intimidation in the pursuit of political aims.

Yes it is.


Bill Clinton agrees

terror — meaning killing and robbery and coercion by people who do not have state authority and go beyond national borders —

https://foreignpolicy.com/2009/11/30/bill-clintons-world/

 I imagine Bill knows a lot more about terrorism than I but I'll have to take you at your word as the site at the end of this link wants me to subscribe to read the article.  While I appreciate others' opinions, I don't always like to pay for it.

Edit.
Actually that statment looks contrived to protect state-sanctioned militarism to promote American interests on an international level.  So, Bill and I do not agree.

7878  Economy / Collectibles / Re: WTS Silver (crypto) coins on: February 18, 2016, 09:21:32 PM
Roughly, what do you think the 2013 superman 7 coin and stamp set is worth?
7879  Economy / Economics / Re: US Debt Has Exploded on: February 18, 2016, 07:55:48 PM

People have right on their money. Still due to the economic system followed over the past people have money and certain value assigned for money. So certain changes need to be done in economic system.

People think they have right on their money.
Whereas in reality they have right on nothing as they don't own money. Banks own money and people have bank credit that's all. If a bank closes you lose all your money.

 Not in my country, friend!  Our deposits are insured.  I get my money back if bank closes.  100% coverage up to 100k.



Well I don't know where you are, Iceland maybe? Switzerland?

 ...or the United States, Canada, Mexico, Saint Vincent, Caiman Islands, Argentina, Chile, Brazil, Uruguay, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Belarus, Latvia, Norway, Russia, Switzerland, Turkey, India, Hong Kong, Malaysia, Thailand, Japan...

Deposit insurance, whether explicit or implicit, exists in effectively all countries that have a banking system though all might not cover 100% and limits will vary.



Hmm... Not if the banks go bankrupt no... Tell that to the Greeks!
It's not possible for the sole reason that banks actually own only 5% of the money they owe you so...

 Hopefully I don't have to tell the Greeks because have read their own banking rules and regulations and don't have more than 100k on deposit per account because if they do, they could take a haircut on anything over 100k (they call that a bail-in).  They are insured to 100k and no, the banks don't have that amount to give everyone at once which is why they instituted bank holidays and daily withdrawal limits (also in the fine print).

7880  Economy / Economics / Re: US Debt Has Exploded on: February 18, 2016, 07:21:19 PM

People have right on their money. Still due to the economic system followed over the past people have money and certain value assigned for money. So certain changes need to be done in economic system.

People think they have right on their money.
Whereas in reality they have right on nothing as they don't own money. Banks own money and people have bank credit that's all. If a bank closes you lose all your money.

 Not in my country, friend!  Our deposits are insured.  I get my money back if bank closes.  100% coverage up to 100k.



Well I don't know where you are, Iceland maybe? Switzerland?

 ...or the United States, Canada, Mexico, Saint Vincent, Caiman Islands, Argentina, Chile, Brazil, Uruguay, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, United Kingdom, Belarus, Latvia, Norway, Russia, Switzerland, Turkey, India, Hong Kong, Malaysia, Thailand, Japan...

Deposit insurance, whether explicit or implicit, exists in effectively all countries that have a banking system though all might not cover 100% and limits will vary.

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