Because as a financial expert, Bitcoin isn't tangible. It's not a "real" asset to him. It's only backed by the Blockchain, which he has stated that he loves, by the way: The blockchain is a technology which is a good technology. We actually use it. It will be useful in a lot of different things. God bless the blockchain. But it's not only him. Any other financial expert, analyst, or trader will tell you that Bitcoin is a scam/fraud and that the bubble will burst one day. And that Bitcoin will crash. The only value of bitcoin is what the other guy'll pay for it. Honestly I think there's a good chance a lot of the buyers out there are out there jazzing it up every day so that maybe you'll buy it too, and take them out.
He's probably referencing instances in his personal history where he's seen situations like this happen, such as in penny stocks and pump-and-dumps. He truly believes that Bitcoin is fraudulent, and he's adamant that he "doesn't care about Bitcoin": ...this is the last time I'm ever going to answer questions about bitcoin because I really don't care...
I don't personally understand the value of something that has no actual value. You all can do whatever you want and I don't care. I could care less about bitcoin. I don't know why I said anything about it. Every day, you have CNBC, nonstop bitcoin — Who cares about bitcoin? In my personal opinion, based on everything I've heard him say about Bitcoin, he just sounds bitter. He keeps claiming that he doesn't care about Bitcoin, yet he keeps talking about it. Look, everyone has a personal opinion about Bitcoin. I remain highly skeptical of it. But as I’ve said previously, I’m open-minded to uses of cryptocurrencies if properly controlled and regulated
I think that he missed the boat and deep down inside, he's wishing he would have invested in Bitcoin when he first heard about it. But what do I know? I'm no financial expert  |
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This is actually huge news. It sounds like he is trying to use decentralization for Facebook. "Giving people the power", as he says. It's interesting to see what comes to light based on his dedication to researching encryption. As far as cryptocurrency? Allowing Bitcoin to be used to pay for ads will be a game changer. A GAME CHANGER. I'm anxious to see what comes of this. And for reference, here's a link and quote to his personal mission statement for 2018, as found on facebook: https://www.facebook.com/zuck/posts/10104380170714571Every year I take on a personal challenge to learn something new. I've visited every US state, run 365 miles, built an AI for my home, read 25 books, and learned Mandarin.
I started doing these challenges in 2009. That first year the economy was in a deep recession and Facebook was not yet profitable. We needed to get serious about making sure Facebook had a sustainable business model. It was a serious year, and I wore a tie every day as a reminder.
Today feels a lot like that first year. The world feels anxious and divided, and Facebook has a lot of work to do -- whether it's protecting our community from abuse and hate, defending against interference by nation states, or making sure that time spent on Facebook is time well spent.
My personal challenge for 2018 is to focus on fixing these important issues. We won't prevent all mistakes or abuse, but we currently make too many errors enforcing our policies and preventing misuse of our tools. If we're successful this year then we'll end 2018 on a much better trajectory.
This may not seem like a personal challenge on its face, but I think I'll learn more by focusing intensely on these issues than I would by doing something completely separate. These issues touch on questions of history, civics, political philosophy, media, government, and of course technology. I'm looking forward to bringing groups of experts together to discuss and help work through these topics.
For example, one of the most interesting questions in technology right now is about centralization vs decentralization. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people's hands. (The first four words of Facebook's mission have always been "give people the power".) Back in the 1990s and 2000s, most people believed technology would be a decentralizing force.
But today, many people have lost faith in that promise. With the rise of a small number of big tech companies — and governments using technology to watch their citizens — many people now believe technology only centralizes power rather than decentralizes it.
There are important counter-trends to this --like encryption and cryptocurrency -- that take power from centralized systems and put it back into people's hands. But they come with the risk of being harder to control. I'm interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.
This will be a serious year of self-improvement and I'm looking forward to learning from working to fix our issues together. |
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Hey OP. First things first, get your money out of Coinbase! Create a wallet where you have access to your own private keys. THEN decide what you want to do with your coins. Study the crypto market. Browse through the altcoin board here and see what jumps out at you. If you're looking to start trading and short selling the market, learn what the top 20 coins on CoinMarketCap.com are doing and follow them to hear of upcoming news and announcements. Be prepared to create buy and sell orders. If becoming a crypto trader is what you want to do, you'll have to put in the same time as a fiat trader would do. And most importantly, don't listen to the fud and shills of "players" in the market... You know, the ones that say "Bitcoin is dead" without providing a valuable or feasible theory. Or the ones that say "Bitcoin to the moon! It will be $50,000 by June!", again, without providing any kind of theory behind it. Good luck, and welcome to Bitcoin, but seriously, get your money out of the exchange it put it into your own private wallet. Start here: https://bitcoin.org/en/choose-your-wallet |
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Most people seem to agree with you, but we should first get the scaling issues out of the way. The developers working on the Lightning Network, should fast track the tweeks on the system and give us the scaling we need to take this to the Moon.
A lot of merchants built with micro payment needs, cannot wait for this to be implemented. ^smile^
There are still a large number of developers that don't agree with the Lightning Network. We definitely don't have enough on board to get a majority consensus. But because LN is targeted to work off-chain, it will all come down to which merchants and bitcoin users will adapt to it. Payment channels, to me, pose a slight risk to Bitcoin, as we now have to put our trust in companies that are working offchain. They're essentially going to have to bankroll all of the transactions that happen through LN, and we have to trust that those transactions will ultimately verify with the Blockchain. And what types of companies are able to bankroll these channels? Mainly banks. LN introduces a centralized aspect to Bitcoin, and it's going to take a lot of trust by users to adopt it. I think that's always been the issue with LN, and what could potentially hold it from becoming a mainstream solution to the scaling issues. I will say, however, that I still believe that Bitcoin has room to grow, and as the gold standard of crypto, will always hold the top position in the crypto market. At least for the duration of the rest of my lifetime. $25,000? I truly feel that we'll be there well before summer of this year. |
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In my opinion, the prices of crypto don't double just because their prices are low. The low prices just allow new buyers to get in and purchase a good amount of crypto for a relatively decent price. The main contributing factor behind a crypto's growth is the technology behind it. As time goes on, I think more and more investors are looking to keep a bag and portfolio filled with cryptocurrencies that have value. That back a service or physical product. As more companies with a decent amount of capital start entering the space, more and more pump-and-dumper fly-by-night developers will stop trying to create a shitcoin to ride the coattails of BTC.
Research any altcoins that you are looking to get into, and the general rule is that if it makes sense to you, it will make sense to others. If you see the value in the coin, buy it, as others will do the same. That, IMHO, is how digital currency gains its true value.
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Bitcoin climbed 11 percent into Friday to post its highest price since mid-December: one coin was worth $16,920, cross-exchange data shows.
Exchanges tracked by Coinmarketcap recorded an average trade price maximum of just under $17,000 earlier Friday before a slight correction saw Bitcoin head back towards $16,000.
The performance is encouraging for holders who have watched profits ebb as altcoin markets continue to surge. The trend marks a pause after several weeks of bearish action for BTC, which did not immediately correct following its dip from $20,000 to around $13,000 last month.
On social media, casual traders were eyeing Bitcoin’s reversal to continue, noting its impact on altcoin markets.
I was surprised to see altcoins holding their value against bitcoin's rally today. Personally I'm still licking my wounds from the summer when I was holding all altcoins during the bitcoin cash fork. Since then I make sure to have a few bitcoins and big volume altcoins.
I'm still a little gun shy right now about picking up altcoins because I have a feeling we are going to see bitcoin pass $20K USD very soon.
When I got into Bitcoin (around $250), anytime the price of Bitcoin would surge, the altcoin market would tank. That period was a very volatile market for altcoins... But as of the last year or so, quite a phenomenon has occurred where even the price of Bitcoin has surged, the altcoin market has somewhat stayed stable. I think this is due to more and more altcoins carrying their own weight as far as proving that they are coins with actual substance, such as ETH, Dark, XMR, XRB, Ripple (ewww I know)... Coins like DOGE and LTC... I'm not sure what they're doing still hanging on, but I will say that even when BTC prices surpass the $20k mark, the dominant altcoins should fare okay. Don't be too gunshy about pulling the trigger. I've done great with hodling altcoins, and just as with BTC, you can't get discouraged everytime there is a dip or correction in the market! |
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Short answer, you're shit out of luck with Google Authenticator.
I recently switched phones and installed Google Authenticator on my new phone. I restored my backup from the cloud onto my new phone, and all my apps and data were there for most apps. Not Google Authenticator, however. I followed all the steps that Google provides in order for me to backup my keys, but even through that, my data for the app were never restored on my new device, no matter how many times I would reset and restore the backups.
Needless to say that I am now using Authy.
And I'm still locked out of several accounts because of this issue from when I lost my last phone before I replaced this current one... I've reached out to Google support and forums regarding this matter, and it seems that there is nothing anyone can do to help me recover the keys to a new device for the 2FA that I've set up that didn't have their 16-digit keys available when scanned initially.
Sorry, and I hope that your data is able to be recovered. And solely use Authy moving forward lol
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Hey Everyone,
Anyone know of a good way to get in contact with Poloniex? I had to get a new phone and i dont have my 2FA backup key so im locked out of my account..
I sent them a support ticket 5 days ago and also sent them an Email and i cant get a response from them at all.
Thanks In Advance.
Most exchanges at the moment are overwhelmed by the influx of the last run for Bitcoin, so their support is undoubtedly backlogged. To remove 2FA from your account, however, you're going to have to prove a couple of transactions that you have made to and from your account, so have those TXID's available, along with access to sign a message using any address that you have used to send money to and from the exchange. Honestly, it's going to be a pain in the ass for them to remove your 2FA; you should learn to write down the 16-digit security key when given the option for 2FA, rather than just scanning the QR code. Sorry you're going through this, and I've lost my account on a couple of exchanges due to this very reason, even after providing proof of transactions and signed messages. Let us know how this turns out, and make sure to update the thread if you hear back from Poloniex and they rectify your issue. Good luck. |
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Core developers can not just change the nodes because they want, don't you see it takes years to implement segwit? which seems useless due to most platforms are not using it. You should know better why we have to pay fee, because bitcoin require miners to solve the blocks and it's not easy as you need ASICs which takes lots of money. No one want to mine bitcoin if they are not paid, Satoshi Nakamoto has made the nodes works this way to ensure bitcoin's environment could run and last as long as possible.
I SHOULD know more than anyone Yeah the fees are there because after 21 million there would be nothing to incentivize miners. Hence why I'm saying kill the fees and trade it for VERY MINOR inflation to make it more spendable. In order to do this, there would have to be a centralized team or organization that would monitor the inflation fee, which goes against the very fundaments of why Bitcoin became so popular in the first place. In theory, it would be better to have a small maintained fee structure, but that would require consensus, which we cannot even get from the devs to increase the size of the mempool. Yeah, this is more than likely not going to happen bud. |
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I am south korean, I would really love to buy bitcoin overseas with my debit card.
I tried major trading platforms and many many websites that provides bitcoin purchasing with fiat money, but bank wire or direct banking requires me to wait 3~5 business days.
I need to buy bitcoin "Instantly" so please tell me where I can buy them.
coinbase and some sites doesn't accept south korean, coinmama and almost all the rest of sites just keep my account pending over 2 monthes,
I just really need a site that would verify me soon or allows me to buy big amount.
Please help me, I will pay you with bitcoin if your answer helps me, I'm not hiring or dealing with you, I mean I just appreciate your help.
Thank you very much in advance.
Considering that you have a debit card, you probably have a bank account. If this is the case, and you are a South Korean national, you should be able to open and verify a PayPal account with your bank account. Once your account is verified and your bank account is linked, you can come back to the forums here and go to the Currency Exchange board ( https://bitcointalk.org/index.php?board=53.0) and look for reputable sellers of Bitcoin. Make sure to check their Trust ratings... Most reputable sellers already have their own threads and hundreds of successful transactions. The only problem could be that you're a Newbie rank, which a lot of people won't be willing to work with. However, if you indicate that you will send the amount first, and that you will send it as "Friends or Family" (which cannot be charged back at a later time), then chances are that some reputable sellers may be willing to send you the Bitcoin after the conversion from KRW to USD is finalized. There may be a slight premium rate attached to the price of Bitcoin, but I'm sure it beats the highly-inflated prices of trying to purchase Bitcoin on an exchange that is allowed within South Korea. Good luck, and feel free to let me know if you have any questions! EDIT: I just noticed that you want to buy Bitcoin "instantly". Be careful with that verbiage, as some people could take this the wrong way, such as indication that you may be out to scam them. The method I described isn't instant; you'll still have to wait a business day or two to verify your account with PayPal. But I can assure you that you won't pay the premiums involved with South Korean exchanges by utilizing the above method, so you could end up saving a lot of money in unnecessary inflation. Thank you very much !! I will try it and how much money would you suggest me to send them first at once? Honestly, if the seller is reputable and has a long time history here, chances are that they have hundreds or more bitcoin. If you really want to establish yourself and your relationship with the seller, maybe start with buying a couple hundred dollars before you start sending thousands. But honestly, chances are that the power sellers of the forums here have dealt with hundreds of thousands of dollars of transactions, and as long as they have positive default trust without any large gaps in their post history, you'll be safe. Just make sure to go through their topics and see what kind of transactions they've made in the past, along with how much the transactions were for. |
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Hey aTriz, I've got $40 sitting in my PayPal account. If you want it, I can send first, and I can send using the Friends or Family option before you send me the ETH. If this is something you want to do, feel free to drop me a PM. FYI, I've had my verified PayPal account since 2002.
Argh, sorry mate, I've just exchanged my eth to btc when it hit 1k and if I send you 40 dollars worth of btc I'll paid way too much in fees. I've got a PayPal payment coming in this weekend; I'll reach out to you here to see if you still need this trade, or if you want to possibly sell more than just $250. Or feel free to PM me if you come into anymore ETH mate. Cheers! |
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Judging on your introduction and questions, it sounds like money is the main motivator behind your wanting to get involved with Bitcoin. I will say that if wanting to make money is the only factor that you're looking at, don't even bother getting into Bitcoin, as there could be major disappointments if things don't go your way. I'd be lying if I said that realizing profits isn't a motivator for me, but I genuinely am interested to see the future of cryptocurrency, and Bitcoin has paved the way for the future of money. If Bitcoin fails (unlikely, I know), I'll be okay with it knowing that I had a good run learning about everything surrounding the coin.
The only question that hasn't been answered by anyone is what a bounty is. Bounties are ways for the developer or marketer of a coin to pay you in exchange for providing services for them, such as posting on twitter, offering translations of their announcement threads, designing something, etc.
Best advice for you is to check out the forums and take part of conversations that excite you. Ask questions. Don't be afraid to ask 'stupid' questions. And most importantly, learn to use the "Ignore" button under shitposters' avatars. It will make your forum experience much much better.
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Hey aTriz, I've got $40 sitting in my PayPal account. If you want it, I can send first, and I can send using the Friends or Family option before you send me the ETH. If this is something you want to do, feel free to drop me a PM. FYI, I've had my verified PayPal account since 2002.
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If I'm not mistaken, Potential Activity is different.
No, read carefully. You just repeated what I said earlier (using other words). To make it simple, I said a potential activity of 14 for each bi-weekly periods he/she posts in. their potential activity would be Sr. Member,
That's a potential rank. based on 364 Activity (14 Activity x 26 weeks).
This is the potential activity. Shit you're right, my bad. I confused the rank/activity. |
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If you need someone to vouch for your product, I can leave bi-weekly updates using my spare computer and creating an email address to use to vouch from. Here is an example of my vouch from the following topic in which the seller is offering the same product with a slightly different method: https://bitcointalk.org/index.php?topic=1650765.msg20409494#msg20409494PM me if you're interested in having me review your product for you. I'm familiar with all Adobe products, so I know what to look for when reviewing the apps. Cheers! |
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Do fees increase with a old wallet ? I have a old wallet, it has several inputs, the paper wallet contains 0.1 BTC, the fees to move the 0.1BTC is 0.015 Almost $200  When you say "several inputs" do you mean more than just several?? You have dusty inputs, pal. The fees have nothing to do with the age of your wallet, but rather that you have a bunch of inputs that each incur their own fees. More information can be found on this thread: https://bitcointalk.org/index.php?topic=1044399.0But here is the part I wanted to share with you. Pay attention to the part that I've bolded in red: ...
#1 Fees and dusty inputs
The most common problem when using faucets is the small payment. Every time you receive a bitcoin payment to your wallet you have a new input to spend at a later date. Think of this like a lump of bitcoin you can use later. When you later want to use these lumps of bitcoin they need space as part of the transaction your wallet creates for you. This is usually 180 bytes per input. A bigger (in terms of byte) transaction will need more fees in order to be confirmed in a reasonable amount of time. Each block offers only a limited amount of space (currently 1 MB) and if you need a big chunk of the space a big chunk of your available funds will be used as fee for the miners. Faucets try to counter this by creating payout limits, but they are often set very small. A reasonable fee for a transaction with less than 1000 byte in size is 10,000 Satoshi. If the payout limit is 100,000 Satoshi and you try to spend this input, you will have to spend 10% on fees. If you want an example how bad this can end, I helped someone recover from this a while back, in numbers:
~0.5 BTC from faucets, collected over ~2 years, ~2000 inputs, ~350,000 bytes, ~0.09 BTC in fees.
...
Any of this sound familiar? Did you claim on a bunch of faucets before you went inactive?
Same story, different day. I'm also just holding on to my Bitcoin since transaction fees of more than 10% of the actual amount i'm transferring is too much. When will the lightning network be implemented, I wonder?
The Lightning Network is still ages away for implementation, and it may not be the best answer or solution as everyone thinks. The best thing you can do for the time being is to use a Segwit-enabled wallet as Green Address. SegWit transactions are less costly and help decongest the overloaded mempool. Check out this quote from this reddit post: https://www.reddit.com/r/Bitcoin/comments/7m2vre/segwit_wallets_are_better_start_using_them/ BTC friends. I'm happy to report more inexpensive transactions using segregated witness enabled Green Address wallet. I just sent from Green Address to a regular Bitcoin paper wallet address using economic mode... the transaction made it inro a block in about 30 to 40 minutes. Please request that all of the wallets and exchanges you use enable segregated witness! And here's an article written just yesterday about the fees dropping after Segwit adoption: https://cryptona.co/bitcoin-transaction-fees-dropping-adoption-segwit/ |
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@bill gator, your idea is actually BRILLIANT. I've got $10 on it, as well, if OP decides to take you up on the offer. My only stipulation is that I'd require OP to use the personal text "I'm a shitposter in de-training" or something to that effect. I'm down to sponsor 5 shitposters per month at $10 each to keep them from spamming the boards, and I'm dead serious.
I can send you PayPal, BTC, BCH, or DOGE. Let me know.
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At nearly 9 hours after your post, it's currently stating the following: Summary Status: Connected Total Fees 9,720.84548617 BTC Total Size 2100655.372 (KB) Transactions Per Second 153.22 Wouldn't a glitch have been fixed by now? How long do bugs like this last? Otherwise I'm assuming that these are spamsactions, which still doesn't explain the oversized transaction size. Thanks Roger Ver and cronies  |
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Does anybody know when the next position update on your status will be done? Is it a set time every two weeks or is it every two weeks since you opened your account?
It's every 2 weeks (Every other Tuesday). See the dates and times here: https://docs.google.com/spreadsheets/d/12saLhlUoqIdairxzuSPu6EYGrt7FN2lOstO1yDjCEbA/edit#gid=1012758442Sorry but anywhere I can check my potential activity now?
You have to do everything manually. Go to your post history and count on how many bi-weekly periods (according to the link above) you've posted in, then simply count it's potential activity (14 for each period). If I'm not mistaken, Potential Activity is different. Example, if a user signed up a year ago, but has only made 1 post every 2 weeks for the past year, they'd only have 26 posts and 26 Activity, keeping them a Newbie. But because they've posted within every activity period, their potential activity would be Sr. Member, based on 364 Activity (14 Activity x 26 weeks). The only thing limiting them at that point would be their Posts count. Am I right to assume that if this were the scenario, their activity would rise 1:1 with their post count until their cap was met? I think this is what's meant by Potential Activity. |
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0.0012 BTC COINBASE TO SKRILL OR DOGE
hey i have 0.001 btc in coinbase and i can send by email for user coinbase and not pay none fee
i need exchange or site gambling tip
Don't deal with this guy. It was my 0.0012 BTC he stole from me and never sent my BTC to localbitcoins His name is Francisco Carvajal / lmxdxdyy25@gmail.com / SoldierofGambling Here is the proof of the 0.00124 I sent to him on Coinbase  It's an unfortunate situation, but your screenshot doesn't prove anything. I'm not defending OP, but without a proof of address (posted from his account here on the forums or in your screenshot), it's going to be hard for anyone to prove that it was actually him. I personally want to believe you, but if you really want, try to get him red-tagged by creating a scam accusation with proper documentation and screenshots of the whole process of him scamming you and stealing your bitcoin. Good luck. And OP, if you're selling stolen bitcoin, fuck you. You're scum. |
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