john nash was a maths guy not a code guy... keep trying though
I am not saying that John Nash is Satoshi but for the sake of discussion, was it not shown in the early versions of Bitcoin that the code was not really that good? The "developer", Satoshi, probably was not a good coder or might not even be a professional coder. He might really be a math guy who learned to code then created Bitcoin. |
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I read somewhere that Bitcoin is preparing for a hard fork, is this correct? If so what will the implications be and will some Bitcoiners be on a different chain? Please read the whole thread and research on Bitcoin more. I am giving you the benefit of the doubt here because I do not want to be quick to accuse you of being an alt account or part of a large group of spammers. I will report you next time. As BTC is so decentralized I do hope there will be enough developers to cope, especially with the transaction sizes.
This makes me think you really do not know anything which makes you undeserving to make posts anywhere except in the newbie section. |
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Bitcoin cannot be compared with gold. Gold is a precious metal. It can be used for many purpose. Bitcoin is also expensive. It can be considered as a saving if you are ready to take risk. We dont know the future of bitcoin. Because its price is volatile. Who knows if its price will crash tomorrow.Whatever we tell about bitcoin, its right, but after all its a man made software token. Nothing else. If someone hack any top bitcoin exchange or any firm ,thats it. Its price will crash. Imagine If its price crashs and becomes fews cents then there wont be any use with this bitcoin.
the technology behind bitcoin can also be used for multiple purpose, so this whole thing about gold being more important because it can be used on the real industry it's not a point so important anymore in favor of gold you can use the blockchain to build a great amount of stuff on it, it can make life easier for many developers What kind of "stuff" are you talking about? How can the blockchain make life easier for many developers? With what we are seeing right now it is making life harder for developers because they have to solve a new set of problems. One thing that made it easy for developers is getting funded by hyping the blockchain. All these blockchain pumpers will keep doing it as long as they can trick people into giving them money for "research and development". Which reminds me. What happened to the biggest VC funded Bitcoin startup, 21 Inc.? |
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My two top choices are Bitcoin and Mooncoin. Bitcoin is the obvious answer as it has the first mover advantage. Mooncoin is very old and trusted blockchain trusted by a lot of people with over 33970 funded addresses at the moment and more than 1.75 million transactions successfully processed since 2013 without experiencing forks. The price of Moon right now is cheap and everyone can join the ecosystem and give it a try. They are now developing a new smart likes system which will be operational across the internet that will give users the ability to transfer value fast and reward others and themselves. The name of this system is Moonlite. We all need to diversify our portfolios and give other trusted and proven blockchains the ability to shine! If you really think Mooncoin is a top cryptocurrency then you are a stupid idiot. No honestly you are. I am sure there are many people here have become so jaded because of the losses they got from holding altcoins. Not only that, they also gave their full support for them only to lose the amount which really was important to them. The amount of their altcoins in Bitcoin value. |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
You need to stick to your original, you are going to be a good trader if you aren't going to be constant. Also why there's a need to panic? If you are on that feeling, take a break and drink a cup of tea. Panic in trading it's mean that traders are still beginners or Newcomers. The master traders, in trading they already can hold his emotions when his price doesn't match the expectations. That is true. That is why the traders with more experience win a lot more money. Why? Because it is the newbie trader's losing trades that funds the winning trader's strategy. Only 10% of traders make money. So it is either be as good in trading as the top 10% or continue to lose your money. Also because , in trading we should be able to know all about the charts and read it. It is difficult and often make our emotions when we analyze the market price is wrong. Really? Do you think it is as simple as that? There are a lot of people here who "know" the charts but they are still losing traders. How can you explain those "experts'" losses? Are they just unlucky? |
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Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?
So according to you decentralized, censorship resistant, peerless network and currency system called Bitcoin, can't be compared to gold at all? No. Because comparing it to gold is very limiting. What inefficiencies can gold come in to and make them efficient? In fact gold itself is very inefficient to use. So why compare it with gold? But if you do not have a clue what Bitcoin is then be my guest. Call it gold 2.0 if you want. It may not be the most accurate representation what bitcoin really is but it is still good and solid parallel, especially for not bitcoin users.
Read the comment above. |
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While this is true there should be a line drawn. A good example for this is how Roger Ver is trying to rally the big blockers and all the "sheeple" as you said to go with them and fight for their cause. Does Roger Ver really know the technical ins and outs of Bitcoin? Between him and Peter Todd who would you listen to?
i dont defend people i defend the direction bitcoin is heading and hoping it stays inline with bitcoins ethos. i dont care if peoples pseudonymous nicknames get hurt. as thats just some side drama they play the victim card in.. funny thing is people think because i detest gmaxwell and sipa, that somehow i must think gavin, hearn and ver are kings. wrong what if i told you gavin (via Bloq) and hearn (via R3) are in the same pockets as blockstream devs, once you peal all the layers away. and that drama is just a finger pointing exercise to distract the sheep. even funnier part is that its only core that are trying to split the community, and trying reserve psychology to point cores own plans to sound like its what other teams are doing. fooling the sheep to follow the wolf by pointing at a blacksheep and saying "look sheep stay away from that black sheep, its really a wolf" Thank you for the honest reply. I respect you more for it even though our views are different. I started reading about Bitcoin Unlimited again to really understand it and to be honest the minute I saw that there will be 3 types of nodes, with different types of settings, I think Andrew Stone the lead programmer for BU is making a simple implementation more complex. Bitcoin Classic might be a better way. It is simple. |
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The People's Bank of China have started investigating the activities of the Bitcoin exchanges in their country. We all know the majority of trading are done thru Chinese exchanges because of the 0% fee trades. Now that all major exchanges in China have started imposing fees because of the PBOC's investigation maybe Bitsane should take advantage and start offering 0% fee trades. What do you think?
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and this is why people should not be sheeple, idolising any particular people and treating them as kings. trying to get other devs to run away to only give power to a few devs.
because when they go, they are gone.
bitcoin needs to be diverse have multiple implementations and multiple open platforms.
not a centric one circle of 12 corporate paid devs and 90 interns hoping for a job if they show blind loyalty to the paid devs.
but multiple implementations and many teams all working in consensus. that way if one falls away there's still diversity and openness.
While this is true there should be a line drawn. A good example for this is how Roger Ver is trying to rally the big blockers and all the "sheeple" as you said to go with them and fight for their cause. Does Roger Ver really know the technical ins and outs of Bitcoin? Between him and Peter Todd who would you listen to? |
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Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?
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one of the things that can ruin bitcoin is the transaction queue size. It's growing rapidly, and the backend developers are not doing anything to fix it!
"Backend developers"? Not doing anything about it? You know nothing of Bitcoin and please avoid posting your useless and ignorant comments here. You should research on Bitcoin more to avoid looking dumb. Read up on Segwit and Bitcoin Unlimited and know what is going on in this holy war on the Bitcoin scaling debate. |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
You need to stick to your original, you are going to be a good trader if you aren't going to be constant. Also why there's a need to panic? If you are on that feeling, take a break and drink a cup of tea. Panic in trading it's mean that traders are still beginners or Newcomers. The master traders, in trading they already can hold his emotions when his price doesn't match the expectations. That is true. That is why the traders with more experience win a lot more money. Why? Because it is the newbie trader's losing trades that funds the winning trader's strategy. Only 10% of traders make money. So it is either be as good in trading as the top 10% or continue to lose your money. |
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of course, all other altcoin have long way to obtained by a place next to Bitcoin. BTC is wilde accepted by businesses over the world.
What businesses? You mean the dark markets that you can access wherever you are in the world? Those businesses you say that accept Bitcoin are better off accepting credit card payments. It is more convenient and more efficient for them. But of course Bitcoin is still on the top regardless. For active traders I think XMR and ETH made the better gains compared to the rest. Yeah black market is the number one user of bitcoin worldwide. Period. I think it is because if the high price of bitcoin that is why trading is not that easy. Average people with an average salary cant have 5 bitcoin in just one swoop or one payroll so they tend to pick other coins. That is what I do and it is faster profit than just letting it stay in bitcoin. I disagree. The average people you speak of pick altcoins over Bitcoin is because they believe that the altcoins that they are holding and supporting so valiantly will also follow Bitcoin's path to a $1000 per coin valuation. I am also a victim of this kind thinking late last year. I almost invested 2/3 of my Bitcoins in ETC. Good thing my friend put me back in my senses. |
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of course, all other altcoin have long way to obtained by a place next to Bitcoin. BTC is wilde accepted by businesses over the world.
What businesses? You mean the dark markets that you can access wherever you are in the world? Those businesses you say that accept Bitcoin are better off accepting credit card payments. It is more convenient and more efficient for them. But of course Bitcoin is still on the top regardless. For active traders I think XMR and ETH made the better gains compared to the rest. |
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For trading, I try to stick to a system/plan and stick to it. It helps to take the emotion out of it because there are set buy and sell points rather than doing it by feeling.
This is one of the best answers as I was skimming thru the thread. A systematic approach to trading does help get rid some of the emotions involved in trading. Let us face it, we cannot avoid feeling any emotion when it comes to winning or losing money. Another thing to do is to use a bot if you want to entirely feel nothing and let the trading bot do all the work for you. |
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To me i believe they are trying to play politic if you examine it you will find out PayPal is not happy with the rise of bitcoin,they may talk to fiverr not to accept bitcoin but only PayPal so that PayPal will still be the dominant e money
At first, the PayPal guys were really concerned about Bitcoin. But after 2014, they have realized that their main competitors are Skrill and Qiwipay, and not Bitcoin. They are not spending much on negative propaganda against Bitcoin now. Fiverr is such a small market for Bitcoin that we should not worry about it. It is not a major blow. You want a major blow? The dark markets stopping the acceptance of Bitcoin and them having another cryptocurrency in its place. Now that is a big blow. |
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Hi guys, I read good things about this place so I thought I would join, question.... say I buy bitcoins from Coinbase and send it too my blockchain wallet... can coinbase find out who I sent my bitcoin to once it's in my blockchain wallet. do they have access to that or only access to where I sent it from if its coming from coinbase? thanks I like to keep my stuff private thats why I ask
Nope. The answer is clear. Bitcoin is created for the anonymity so that you do not have to worry about this issue. However, there is still another problem which I think can harm you: Coinbase does not allow users to gamble. Therefore, they will shut down your account if you break the rule for several times. Try not to gamble while using this wallet Or try to avoid using Coinbase. If they want and intend to limit how you use a decentralized, censorship resistant currency by trying to censor you by using it freely then that service should be avoided and closed down. Coinbase is against the Bitcoin ethos. They have sacrificed freedom for a little image or facade of "legitimacy". |
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I often think that too many confirmation useless, one thing which could make the bitcoin not ideal so that there are opportunities for other coins that can be used to replace the bitcoin. A idiotic comment from a person who probably does not care about Bitcoin. Most people like you only care about how you will make money out of this new innovative idea. For your information the more confirmations you transactions have the more secure it is in the blockchain. So if you really care about all your inputs, give it at least 3 confirmations before you can really call it yours. I am worried that if it took 50.000 confirmations then how if 1 million transactions simultaneously? Of course one time transaction could fail.
Consensus takes time. Who says Bitcoin is efficient in that area? You want something fast? Use cash. You get your confirmation as soon as the cash is in your hands. |
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Thanks for the payment and thanks for adding me to a Senior Member slot in the campaign. |
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Sh*t! It's happening again! We really need to increase that damned block size! I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue. https://blockchain.info/unconfirmed-transactionsWe need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast! Miners please activate Segwit already to free some space in the blocks to allow more transactions to fit in. It is far from what Bitcoin Unlimited may do in terms of block size but if the miners do not want Segwit then why is Bitcoin not forked to Bitcoin Unlimited? What is causing the stalemate? |
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