i don't know any more!
this is an extremely risky move that some group of people are forcing on bitcoin and it is never a good thing to force consensus.
wherever i look i keeps seeing the same words being repeated ...UASF... and nobody even cares about or maybe understand the risks that the things they keep repeating is going to bring to bitcoin.
in any case we will prove if bitcoin is really strong when it comes to real important matters or will the community itself does a suicide because of rushed actions.
1. No one is forcing, or is it everyone is opposing, doublethink. 2. UASF, soft fork is much better option than getting a hard fork involved and probably collapsing everything, there might be a split, but still a major chance to recover. 3. Scaling means risk, it is the foundation of what BTC or any other crypto is. You do not want to scale, stagnate your growth, it's cool, but see bitcoin does not have that choice, supply and demand does not come with much choices. 4. We/not mine your we/failing to grasp important matters/is suicidal for your thought process. Chill buddy. |
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Share your views if a BTC fork takes place. Will you invest in the cheapest one? What will you do? I still think if Bitcoin goes down altcoins will go down with it; people will turn to buy gold again  There is still a couple of months to go for August 1, if Segwit gets the green flag then most probably the price would increase, same as if BIP148 gets majority. In case of a chain split, and it ends with two coins, then panic might cause a small scale dumping and the market would be unstable (just temporary) still a possible outcome is concluded. Some say it's miners vs users, others says it's BU vs core, no one is asking what bitcoin wants, what Satoshi would have wanted As far as alts are concerned, I do not think this event would affect them to a great extent. Bitcoin is the benchmark for cryptos, but litecoin has been around for quite some time now, rare feat for an altcoin and most importantly it is not just litecoin, Segwit litecoin. IMO investing a bit on litecoin would not do much harm before or after August 1. |
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Btctalk name : krishnapramod
Rank : Hero
Current post count : 985
BTC Address : 3EbnxVu42JAVepcxwsfqApaFuvzYU8knqm
Wear appropriate signature : Yes
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Guess Antpool would never be able to grasp the philosophical notion of pool neutrality.
If the miners supported BIP148 and they were actually principled enough, they would switch to a pool which supports BIP148 or allows them the option of mining on that chain. Individual miners will act based on their own economic incentives - pools will act based on their broader/long-term economic incentive. If pools believe that they have no broader economic incentive to support a specific solution, that's the only situation in which they'll be neutral. This applies to other pools, including SegWit supporting pools, not just AntPool. As far as my understanding goes activating Segwit/BIP148 would be one of the best possible solution for the scaling issue. Jihan Wu is openely against Segwit, he owns the biggest mining pool, but as far as miners are concerned their long-term economic incentive lies in activating Segwit, that's the big picture, those miners who can't see this are just cashing on the current situation without giving a second thought. This comment was posted by Reddit user, Lejitz in response to, everyone should remove hashpower from Antpool: Surely you realize that much of their hashpower is their own. And also that much of the hashpower of the BU pools is actually controlled by Jihan Wu, who controls Bitmain.
I know you are in the loop on these things. Not only can we not remove the hashpower of this guy, but he has a practical monopoly on ASIC manufacturing and is using his influence from that position to also stop other miners from implementing SegWit. (i.e., "I will not sell you hardware if you support SegWit.") If Segwit gets activated this guy can't do anything, BIP148 gets enough support, miners would switch. Even if all these alternatives fail, there is BIP149 which I believe core developers are in favour of would be deployed. Jihan Wu is just halting the inevitable. |
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Note that in all of this, any "majority of UASF nodes" is never needed or doesn't play any role. The "user interaction" only comes in the market, after the miners decided to split, and the exchanges decided to list both coins.
The secret hope of UASF is that this scenario is such a night mare to all miners, that they would suddenly be converted to go majority to the new coin before even letting this happen. In other words, it is a kind of silly hostage taking: "if you don't do it the way I say, I might have enough hash rate to fuck up bitcoin into two coins even though for the moment I'm largely minority".
It's a kind of game of chicken, but with a motor cycle heading against a tank.
A little speculation. Do you think the miners that are signaling for Segwit activation would support UASF? Segwit - BIP 9 right now is at 30%. If all that starts signaling BIP 148 we will see the blockchain split. With that much support would that split become permanent? I have asked the same question before but no one gives a straight answer. A chain split could be avoided if: 1. BIP 148 gets enough support, if 51% of miners activate BIP 148 before or after August 1. 2. If 95% of miners lock in Segwit before August 1. If BIP 148 has a minority hashrate support then there obviously would be a chain split. There would be two bitcoins and that would indeed be a messy situation, double-spends, a single transaction getting tied to two different chains. But even after chain split, segwit activated BIP 148 should have upper hand and as this chain gets longer it should replace/wipe out the legacy chain. If I am right at the end there would be only one chain. The best scenario for the bitcoin community is to avoid chain split. But I guess it would not going to be easy with retards like Jihan Wu and his allies who own 51% of hashrate. For the time being it is a good idea to make some investments in litecoin. Let the dust settle down after August 1.I am thinking about holding some Ethereum Classic myself. I will finally be having my first altcoin. dinofelis thanks for the thorough explanation. Another question would be how long would a minority chain "survive" if it gets around 15% - 20% of hashing power, and if it is possible for BIP 148 to gain such support? Let us put our speculation hats on for the sake of discussion. A minority chain with 15% hashrate at current difficulty would take around 6 days to mine 100 blocks, means less PoW, difference in PoW between two chains, would this stagnate the minority chain, can't say. Found this on Reddit, website to track BIP148 and legacy chain, http://uasf.snel.it |
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We all know that Bitcoin is also popular to criminals because they can use it without exposing their identity. It will be more convenient to them to use Bitcoin so that they can hide their identity. Do you think that terrorist groups like ISIS use it for their transactions?
Cryptocurrency terrorism,, terrorists using cryptocurrencies for funding terrorist activities is very low compared to the usage of dollars. The media has just blown it out of proportion, but not much truth in it. Terrorist activities were getting funded even before bitcoin and so are now. The decentralized, anonymous nature of bitcoins might make it suitable for carrying out illegal transactions, but as far as terrorism is concerned so are other currencies. The donors who fund terrorist activities can easily send dollars or why any other currency as anonymously as BTC. And as far as ISIS is concerned they are almost self-funding. Sales of oil and gas, taxes, extortion, agricultural products, drugs, and they looted $1 billion from banks in Syria. So it cannot be said cryptocurrencies are specifically used for terrorist activities. If they are then it as same as they are using dollars or any other currency. |
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Note that in all of this, any "majority of UASF nodes" is never needed or doesn't play any role. The "user interaction" only comes in the market, after the miners decided to split, and the exchanges decided to list both coins.
The secret hope of UASF is that this scenario is such a night mare to all miners, that they would suddenly be converted to go majority to the new coin before even letting this happen. In other words, it is a kind of silly hostage taking: "if you don't do it the way I say, I might have enough hash rate to fuck up bitcoin into two coins even though for the moment I'm largely minority".
It's a kind of game of chicken, but with a motor cycle heading against a tank.
A little speculation. Do you think the miners that are signaling for Segwit activation would support UASF? Segwit - BIP 9 right now is at 30%. If all that starts signaling BIP 148 we will see the blockchain split. With that much support would that split become permanent? I have asked the same question before but no one gives a straight answer. A chain split could be avoided if: 1. BIP 148 gets enough support, if 51% of miners activate BIP 148 before or after August 1. 2. If 95% of miners lock in Segwit before August 1. If BIP 148 has a minority hashrate support then there obviously would be a chain split. There would be two bitcoins and that would indeed be a messy situation, double-spends, a single transaction getting tied to two different chains. But even after chain split, segwit activated BIP 148 should have upper hand and as this chain gets longer it should replace/wipe out the legacy chain. If I am right at the end there would be only one chain. The best scenario for the bitcoin community is to avoid chain split. But I guess it would not going to be easy with retards like Jihan Wu and his allies who own 51% of hashrate. For the time being it is a good idea to make some investments in litecoin. Let the dust settle down after August 1. |
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Hi all,
Just wondering if anyone has had trouble with withdrawing from coinmedia, as every time I try it says I need to confirm email address but can't find anywhere on the site to do so?
I have already send emails to support but with no reply.
There have been delays in processing payouts from Coinmedia, but I have not encountered any issue with withdrawal confirmation email. The confirmation mail would arrive in the email address you have registered them with, something like this.  Click confirm, your balance would be deducted and put in processing queue, might take 24 to 72 hours to process the payment. They do send account confirmation mail at the time of registration, if it is about that then I do not think there is an option to resend activation mail. Their support does not respond to user queries. |
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I tried a few faucets on the epay.info page and after withdraval I wait almost a week and not get the amount.
In withdraval page i got "You will receive in 18 hours and xx minutes".
After two days i got the same message, the timer countdown only when I am online, but next day begin again at 18 hour.
The support not responding to my ticket (#29073). The ticket is 2 days old.
The old epay.info topic is closed, I wonder why?
Their official thread is not locked, https://bitcointalk.org/index.php?topic=1149545.msg19295974#newBut since many users have posted their complaints and no response from them for about 2 weeks, I do not think you are going to get a response. They have probably turned scam. And this makes it more likely, https://www.namecheap.com/domains/registration/results.aspx?domain=epay.infoI believe most of the faucet admins have switched to faucethub. Stop using ePay and forget about your pending withdrawal. |
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"UASFers are playing chicken to win and they just threw their steering wheels out of the window and cut their brake lines." --reddit/r/bitcoin And /r/bitcoin is all...  SEGWITNESS ME! lol get it? *cricket* *sigh* I fucking hate every last one of you. Will not Lauda of course. I hate analogues but this really does sum up my fear of the current situation. A split cannot be ignored completely. 1. UASF might become the only chain if it gets more PoW. 2. Two chains (most plausible scenario, might be more) UASF and Legacy BTC, users would end up having coins on both sides of the fork. 3. Spending coins on one chain would become impossible without accidentally spending coins on the other. Exchanges would start working as coin splitting services. Different wallets for different chains. Get hold of your private keys, transfer any coins from online wallets or exchanges to desktop wallets, better be safe. https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bip-148-uasf/ |
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Approved Loan Amount: 0.0130BTC
Loan Details:
Principal 0.0130BTC
Base interest 0.0020BTC
Optional Service 0.0000BTC
Repayment amount 0.0150BTC
============================
Repayment deadline: Tuesday, June 13, 2017
Collateral: None
Procedure:
1. If you agree to these terms, please sign this message using your staked bitcoin address:
I am krishnapramod. Today is Wednesday, May 31, 2017.
I certify that I have read and agreed to all the terms and conditions of this loan.
My receiving address: 3EbnxVu42JAVepcxwsfqApaFuvzYU8knqm
Principal: 0.0130
Base interest: 0.0020
Optional Service: 0.0000
Repayment amount: 0.0150
Repayment date: Tuesday, June 13, 2017
Repayment address: 1SEVeNdDx4u3wAr4VhZwSvPq6nrxRNsxB
Collateral: None
Please allow up to 12hours processing time, usually doesn't take that long. For more inquiries feel free to contact me via PM. -----BEGIN BITCOIN SIGNED MESSAGE-----
I am krishnapramod. Today is Wednesday, May 31, 2017.
I certify that I have read and agreed to all the terms and conditions of this loan.
My receiving address: 3EbnxVu42JAVepcxwsfqApaFuvzYU8knqm
Principal: 0.0130
Base interest: 0.0020
Optional Service: 0.0000
Repayment amount: 0.0150
Repayment date: Tuesday, June 13, 2017
Repayment address: 1SEVeNdDx4u3wAr4VhZwSvPq6nrxRNsxB
Collateral: None
-----BEGIN SIGNATURE-----
1BTkERzRgzFTKw6ei3safTjwUi5ahr8nn3
G8Gc+LpTr78d+2jA6DL4TeZmFUs3LJcNN9Lgr2zWSR7yF2l+qoSEwJqZpOIrqS9krXjirBXZerEF2/Ye6HthjQs=
-----END BITCOIN SIGNED MESSAGE----- Hey mate, like mentioned in the PM I have signed using this address, 1BTkERzRgzFTKw6ei3safTjwUi5ahr8nn3 I failed to verify this message. Please attach a new one. -----BEGIN BITCOIN SIGNED MESSAGE-----
I am krishnapramod. Today is Thursday, June 1, 2017. I certify that I have read and agreed to all the terms and conditions of this loan.
-----BEGIN SIGNATURE-----
1BTkERzRgzFTKw6ei3safTjwUi5ahr8nn3
HBoBOB6koRDyQXI3vQi1rHKi4rlvvqZ0RRWc/UO4EFMMcnC6wncNZaRE6x0cl9dIT2yldXxUDgXl1Xwk2YHxLKQ=
-----END BITCOIN SIGNED MESSAGE----- Signing the whole message is causing some error in verification so I just signed the main part. Hope that's enough. |
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Approved Loan Amount: 0.0130BTC
Loan Details:
Principal 0.0130BTC
Base interest 0.0020BTC
Optional Service 0.0000BTC
Repayment amount 0.0150BTC
============================
Repayment deadline: Tuesday, June 13, 2017
Collateral: None
Procedure:
1. If you agree to these terms, please sign this message using your staked bitcoin address:
I am krishnapramod. Today is Wednesday, May 31, 2017.
I certify that I have read and agreed to all the terms and conditions of this loan.
My receiving address: 3EbnxVu42JAVepcxwsfqApaFuvzYU8knqm
Principal: 0.0130
Base interest: 0.0020
Optional Service: 0.0000
Repayment amount: 0.0150
Repayment date: Tuesday, June 13, 2017
Repayment address: 1SEVeNdDx4u3wAr4VhZwSvPq6nrxRNsxB
Collateral: None
Please allow up to 12hours processing time, usually doesn't take that long. For more inquiries feel free to contact me via PM. -----BEGIN BITCOIN SIGNED MESSAGE-----
I am krishnapramod. Today is Wednesday, May 31, 2017.
I certify that I have read and agreed to all the terms and conditions of this loan.
My receiving address: 3EbnxVu42JAVepcxwsfqApaFuvzYU8knqm
Principal: 0.0130
Base interest: 0.0020
Optional Service: 0.0000
Repayment amount: 0.0150
Repayment date: Tuesday, June 13, 2017
Repayment address: 1SEVeNdDx4u3wAr4VhZwSvPq6nrxRNsxB
Collateral: None
-----BEGIN SIGNATURE-----
1BTkERzRgzFTKw6ei3safTjwUi5ahr8nn3
G8Gc+LpTr78d+2jA6DL4TeZmFUs3LJcNN9Lgr2zWSR7yF2l+qoSEwJqZpOIrqS9krXjirBXZerEF2/Ye6HthjQs=
-----END BITCOIN SIGNED MESSAGE----- Hey mate, like mentioned in the PM I have signed using this address, 1BTkERzRgzFTKw6ei3safTjwUi5ahr8nn3 |
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Today is the last day for submitting suggestions, 3600+ comments have been posted and already the Parliament is divided over bitcoins. According to Kirit Somaiya bitcoin is a parallel instrument for black money, money laundering and dodgy transactions. Asking bitcoin users for their opinions and suggestions was a good move, but to get an in-depth view of how bitcoin or blockchain technology works, the government should also take initiative to have a discussion with the experts in this field. There are many Fintech startups in India and a discussion involving them would give a much clearer picture to the government. Obviously making the bitcoin exchanges follow the same rules and regulations as banks would altogether stop any dodgy transactions. https://news.bitcoin.com/indias-government-divided-bitcoin-legalization/ |
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Due to the increased on-chain tx fees, typical fees has become 0.001-0.002 BTC.
However, poloniex is still able to provide 0.0001 fee withdrawals (which merge a lot of payments together, while having overall 400-500 sat/byte fee, resulting in 0-1 block delay confirmation)
My question is, are they any other (centralized) how wallets where I can keep small amount for daily usage (payments in the range of a few mBTCs)?
I know until recently xapo had free on-chain tx..but now their fees is also in the 0.0005-0.0009 BTC range, which is impractical for $2-5 payments.
Fees are adjustable on most of the wallets, but the point is sending a transaction with a fee below 0.0005 or less than 200 Sat/B would at least take more than 24 hours to get confirmed. Since you only want to keep a small amount for daily usage, try freebitco.in, https://bitcointalk.org/index.php?topic=1922196.0You might be aware that it is not a regular wallet, but faucet cum gambling site. Minimum transaction is 0.0003 with a slow transaction fee of 0.00012, but remember slow transactions can take anywhere between 6 to 24 hours to get confirmed. |
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It is likely that the user-activated soft fork (USAF) would be activated on August 1 which would result in a bitcoin chain split. Likely outcomes: 1. Bitcoin core protocol would undergo some changes. 2. Blockchain split, leaving multiple or at least two types of bitcoins, on two different blockchains. 3. USAF lacks community support, the Chinese mining pools are against it so a split would end in one chain with Bitcoin and SegWit activation, whereas the other one will be dominated by the Chinese mining pools. The first UASF bitcoin mining pool, http://pa.xro.ca, currently under maintenance. There is a small possibility that blockchain split might happen and if that happens users would be left with two different bitcoins. No one is sure of what's going to happen in cryptosphere, as a precaution it is better to withdraw any funds from online wallets or exchanges before August 1. Source: https://themerkle.com/should-you-be-concerned-about-a-bitcoin-chain-split-on-august-1st |
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https://bitcoinmagazine.com/articles/global-digital-bank-wb-starts-accepting-bitcoin-deposits-1466103194/According to this article it states that Digital bank WB21 announced that it has added Bitcoin as a method for its customers to transfer and deposit funds to their checking accounts. WB21 customers can now send Bitcoin to make real time account deposits in any of the 18 currencies supported by the bank. This is the first time we will be having a bitcoin digital bank and as of now they are located at California, Switzerland and Hongkong. Is this a good news or bad news, whats your say? In my opinion this is totally bad news for me , because I am also a Bitcoin trader and making deals in the Bitcoin to buy and sell daily for the fiat ( USD and local money ) . But if the Bitcoin bank will start then surely most of the persons will use Bitcoin bank and that will be results into the lake of the customers for me and finally this will steal my job of Bitcoin trading . So I don't like it , but idea of Bitcoin bank is good  . Here also another traders in the Bitcoin field , will also leave Thier job of trading . If there a bitcoin bank it will help the people who use it and they can deposit there bitcoin instantly it will help the bank to get more funds. In coming future all bank in this world will accept bitcoin as deposit of there costumer. Having bitcoin bank will help all the people to keep there bitcoin safe and secure. I think no ones will try to stealth in that bank.Lastly, i think some bank accept bitcoin for some reason. i do not think that we need for any bank to keep our bitcoins there, as to me think the present online wallet system is the best option, i do not like to adopt the previous boring banking system where you have to visit a bank for depositing and withdrawal of bitcoin. in online wallet system we do not need to visit a bank for depositing or withdrawal of bitcoins. With the advancements in technology, you no longer have to visit a physical bank to withdraw or deposit cash, for example Digibank, DBS, simple KYC and biometrics. Availing credit facilities and shopping through bitcoins stored in any online wallet has its limitations. You need bitcoin ATMs where you can quickly convert BTC to your local currency and shop according to your convenience, for that you need bitcoin banks unless each and every major shopping outlets are accepting BTC. Does your online wallet have debit/credit card facility? There is bitplastic, but still cannot be counted as a debit card. You need bitcoin banks that have tie up with other local banks so that you can convert BTC to your local currency at any ATM, obviously that would involve that country legalising bitcoins and stuff like that. If Japan would not have legalised bitcoins and have not opened several ATMs, then the current bitcoin price would still have been below 1K, trading does not simply give any currency a hike like this, economics is involved. So obviously the more bitcoin ATMs are opened in different parts of the world, the more bitcoin would grow. Instead of just trading, gambling, people would be able to start using BTC like their primary currency for all their needs. |
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Miiike, you get paid to answer and ask questions, up vote on answers and questions that you found useful and also choose the best answer.
mrcash02, you nailed it, the question creator chooses the actual best answer. Once the best answer is chosen, it will pop up in green. Up voting just means that the content was useful.
- I feel that I should create a concept video for the website to make it easier to understand.
Yahoo Answers might be one of the oldest Q & A sites, but it is filled with too much bogus illogical questions. Quora is the best Q & A site out there now. Your website has a lot of categories which is awesome and the option to edit other people's answers like Quora, but I guess we need to rank up to do that. There is another bitcoin oriented site Bitfortip, the questioner puts a price on his question and the users get paid only if their answer is chosen as the best. But on your site there is more earning potential. I guess it does have social media features like following other users. Good luck with your website  |
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