Bitcoin Forum
August 12, 2022, 09:24:42 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Other / Serious discussion / Why do bitcoin and ethereum prices still very related? on: February 09, 2018, 09:29:33 AM
Hi folks.
I wanted to raise this quick question: while BTC and ETH are powered by the principle of distributed ledgers and cryptography, the two differ in many technical ways and they also differ in purpose. Bitcoin is a so-called currency, while Ethereum is developed as a platform which facilitates P2P contracts and applications via its own currency vehicle. The primary purpose of ETH is not to be a payment solution (to my knowledge).
I sold almost all my BTC, my portfolio is now 80% ETH and it annoys me a little to see how ETH struggles to gain value whenever bitcoin's price drops (actually I am exaggerating a little, since January 1st ETH is doing alright compared to BTC but still you get my point).

Any opinion welcome.
Thanks.  
2  Other / Serious discussion / For Bitcoin to survive in the long term: thoughts? on: February 06, 2018, 02:39:30 AM
Hi folks,

I think 2018 will be a crucial year for bitcoin. Price is going down and will probably keep going down for a while, but if we forget all speculation talk, do you think bitcoin can survive and become a real currency with LN technology?

For me, the fact that bitcoin does not promote anonymity anymore is perhaps a good thing. Let's be honest, our western governments will never allow anything for anonymous payments.
So the point is not to escape (totally) from the system. To pay taxes, I am personally fine with it.

Whether it is an exchange currency, independent from banks and especially not held by central bank allows to have a global reference.

In my mind, you pay taxes on each payment. It's called "bank operating costs". And banks stuff themselves like crazy. In 30 years these banks managed to lay down their law whereas they were only intended to make exchanges fluid (and for instance help producing wealth). We saw that this system is wobbly, but some organizations have become too big to fail (therefore  "above the laws" of the market and democracy).

Instead of paying these fees to the banks, you pay a fee to the miners AND to the government (tax). Instead of paying the fee to a bank, you feed the redistribution of wealth at the State level. The State finds again some control over its currency, and uses a neutral and free of intermediary payment vector.  

The fact that the quantity is limited? Yes maybe it is an issue. But it is divisible almost to infinity. So we can talk in BTC or satoshi, it's just a change of reference. Knowing that in absolute terms,  there is no value reference it does not bother me (but speculation will need to be stopped at some point and I believe that's what is happening right now).

Then bitcoin is not a way to help the "dark market". It's just a technology that eliminates the trust 3rd party in a transaction.      

Right, this is purely a mathematical vision but it's worth a discussion!
3  Bitcoin / Bitcoin Discussion / Chinese web search giant Baidu has launched its own blockchain-as-a-service on: February 05, 2018, 07:56:43 AM
So Baidu launches in-house BaaS (Block-chain-as-a-Service).

Is this good or bas for bitcoin and other existing coins and tokens?
I see LINE (the equivalent of Whatsapp in China/Taiwan) is also planning to launch something.

https://www.coindesk.com/search-giant-baidu-launches-blockchain-as-a-service-platform/

4  Bitcoin / Development & Technical Discussion / The first transaction ever in cryptocurrency ... beautiful! on: February 05, 2018, 07:43:29 AM
Here it is > https://blockchain.info/fr/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b

Wondering: for the first block to be validated, it is necessary to validate transactions (mining) in order to receive the reward for the new block created.

So...

What was traded the first time for this reward to be granted? Or in other words: what did the first miner validate to receive 50 bitcoins?

Quick Google search says that the first transaction block of the Bitcoin blockchain, named Bloc Genesis, was created on January 3, 2009 at 6:15 PM. The first 50 bitcoins generated have not changed their address: At a technical level, the first 'coinbase' is special. These 50 btc cannot be spent and the address cannot be changed. The very first transaction (coinbase) of the Genesis block is not a valid transaction. It is not part of all transactions. (Antoine Ferron).

A "coinbase" that may contain arbitrary data, Satoshi Nakamoto inserted in this first block the title of an article from the Financial Times of the day:

The Times 03 / Jan / 2009 "Chancellor on Brink of Second Bailout for Banks". Details about this block:

Number of transactions: 1
Total production: 50 BTC
Estimated volume of transactions: 0 BTC
Transaction fees: 0 BTC
Size: 0 (Main channel)
Date (timestamp): 2009-01-03 18:15:05
Time of receipt: 2009-01-03 18:15:05
Relayed by: Unknown
Difficulty 1.00
Bits 486604799
Size: 0.2783203125
KB Version: 1
nuncio: 2083236893
Block Reward: 50 BTC
Hash: 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
Previous block: 0000000000000000000000000000000000000000000000000000000000000000
Following block (s): 00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048
Root Merkle: 4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b

Reception address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa


What I don't get is: even if this block is out of nothing, it had to generate a reward for the validation of 50 btc that do not exist, to a miner who did not validate anything... I think a little further: if we assume Satoshi received 50 btc to validate an nonexistent transaction that does exist. In his first transaction, was he the only one able to validate his own transaction?   
5  Economy / Exchanges / Struggles of Advcash, there is Epayments as a good alternative (mastercard) on: February 02, 2018, 06:52:33 AM
Hi folks. After the struggles of Advcash, I finally received my mastercard from epayments.com

It works well, their customer service is a bit strict regarding the KYC verification (or should I say professional, you won't screw them up).
If you got nothing to hide, this is a good service.

Regarding cryptocurrencies, here is what they told me by email:

Kindly note that you can accept payments in cryptocurrency only for provided services (for example, mining). To do this, please go to the "Add funds" – "With cryptocurrency" menu.
On the first step choose the cryptocurrency, the amount of funds you are going to receive and specify the address of the cryptowallet in the "Address for refund" line for the return of the funds in case of an unsuccessful operation.
On the second step the system will generate the temporarily address of the cryptowallet for you, which you should give to your partner or client in order to receive a payment from him. Kindly note that the funds should be sent within 30 minutes.
As soon as we receive the funds on this generated cryptowallet, we will convert them into USD or EUR (depending on the currency that you choose when processing the operation) and credit the funds to your e-Wallet balance.
If you have further questions, do not hesitate to contact us.


I'm in the SEPA zone, I did not bother to see if they deliver cards somewhere else in the world at the moment. Feel free to ask them > epayments.com

Hopefully this service can last long.
6  Economy / Speculation / Next: $7,500 support on: February 02, 2018, 03:03:59 AM
Sharing a video (sorry it is not in English but the graph is easy to read) > www.youtube.com/watch?v=YfEQTIQ9usY
Triangle showing that the price is heading to $7,500, where this a strong support. Next question: reaction of the market when touching this price. 

Opinion (not an advice): tempting to wait for the price to get close to this support and buy.
7  Other / Meta / 10 recent posts that might deserve a merit on: January 31, 2018, 07:59:17 AM
Hi folks,
Below is a list of recent posts that I believe deserve at least a merit:


https://bitcointalk.org/index.php?topic=2081765.msg27001835#msg27001835
What are the basic requirements for developing a blockchain?
Quote
1.Know  basic commands line code (C++).

2.You will need to access your computers console.

3.Invest in a book called Mastering by Andreas Anasopolous this man has a wealth of knowledge and YouTube videos and an online class at the university of Nicosia.

4.You will also need Git Hub there's lots of chain codes there.

5.Remember there are different kind of blockchains for example Ethereum is different than Bitcoin and say Open Ledger is an exchange but also a community and you can create coins in there if you can figure it out.

6. http://davidderosa.com/basic-blockchain-programming

7.Go to http://bitcoin.org there is lots of resources there you will need and say http://bitcoin.com/en/development there you will find developer communities and be able to get advice from other Dev’s along your way.

8.Read all about it and practice with yourself alone with the Internet dev peeps.


https://bitcointalk.org/index.php?topic=2830539.msg29176714#msg29176714
What is the biggest problem for crypto.
Quote
One issue that I think is a serious challenge for crypto, as far as wide spread adaptation is concerned, is some type of error-correction. Not necessarily an error in the system, but human-error.

Its one of the things that conventional systems have in place that bitcoin really lacks. I've only been using bitcoin since 2013, and to be honest I still get a bit of a panicky feeling every time I send coins out. "What if I used the wrong address? What if I'm being ripped off? What if the transaction gets stuck? What if there's a new zero-day exploit which drains my cold addresses (yes... I even worry about my cold addresses [ https://lbc.cryptoguru.org/trophies ])?"

People make mistakes. I am fully aware, and really support the 'non-reversibility' of bitcoin, but this issue has been in the back of my mind for quite some time.

I've sent coins to an incorrect address. I think those of us that use bitcoin willingly accept these risks because we understand the alternatives, but I don't think I could live with it if it was inherent in every financial transaction I made. I would hate to worry about my whether my utility payment was successful every month. Or my car payment, or mortgage. The concept of mis-sending, coupled with irreversablity is really quite unnerving.

I have lost coins in exchange melt-downs, and have also come to expect a certain amount of successful theft in crypto. If something is wrong with a product I've purchased, I am left to the judgement and honesty of the vendor. The concept of purchasing with bitcoin but having no way to recover coins if I have been a victim of fraud is also quite unnerving.

Over the years I have noticed this problem attempting to be addressed, but what I'm seeing is yet another form of banking. Escrow providers were one of the earliest that I saw. We are already experiencing the horrors of mining power becoming concentrated. What would the landscape look like if escrow became big business? What if "bitcoin insurance" came into being (sort of an FDIC for bitcoin)? Coinbase wallets are very popular, with many users of it unaware that they don't control the coins in that wallet.

I've spent a good deal of brain-power ( of what little I have ) thinking about this issue, and every scenario I think of involves some entity wielding huge amounts of power and trust, which rarely continues with both surviving. I am sure this can be addressed in some fashion, but I really am concerned about what that solution would look like. I have a fear that the solutions that actually get adopted (by a huge number of people missing the whole point of bitcoin) could kill the very strengths of bitcoin as a system.

Can the system be safe for people that are non-tech, non-crypto savvy?


https://bitcointalk.org/index.php?topic=2854488.msg29290221#msg29290221
I received 68 bitcoin from a random address. What should I do?
Can't you just sent it back to the address that sent it to you? Maybe try only a portion first then the rest if everything goes through smoothly. Good Karma always pays off in the long run.

do NOT do this!

first of all i am skeptical about validity of this claim by OP because "accidents" don't happen with bitcoin, it is not like changing one character of an address to another character and ending up with someone else's address.

but if we assume it is true, you should never send back what you have received because the sender may NOT have access to that address anymore and you practically will burn those coins. it may be an exchange address that they sent it from, maybe a web wallet like Coinbase which sends from random addresses not the address sender owns. or it may be a sweep of a paper wallet that the owner threw away after sweeping and no longer has the private key.

instead, to send back you first ask for a signed message from the address that sent you the coins then ask for an address to send the coins back to. it can be the same address or a new one but you have to ask and also check that signature first.


https://bitcointalk.org/index.php?topic=500.msg25381360#msg25381360
Total bitcoins limit
Quote
The max supply is realized by a process called 'Halving' it simply does what it says it halves the reward for mining a block. At the very beginning this reward was an amount of 50 BTC, after 210.000 blocks were mined this reward halved to 25 BTC. It happens every 210,000 blocks, which is equal to about 4 years when you assume that blocks are mined every 10 minutes. The current block reward is 12,5 BTC, approximate mid June 2020 the reward will halve again to 6,25 BTC. More information including a countdown timer can be found on http://www.bitcoinblockhalf.com/ .


https://bitcointalk.org/index.php?topic=2738207.msg28002216#msg28002216
Sending BTC from Bitcoin Core and Claiming BCH
I have BTC in Bitcoin Core, have never claimed BCH. I tried the Coinomi method and it did not work to claim the BCH.
What exactly did you try? And why did you try this already if you still need to move your Bitcoin to a new safe address?

These are the basic steps:
-move all your Bitcoins to a new address
-export the private keys to the Bitcoin addresses that held your coins at the moment of the fork
-sweep the private keys into Coinomi, do this for Bitcoin Cash, Bitcoin Gold and Bitcore


https://bitcointalk.org/index.php?topic=2802975.msg28761511#msg28761511
LN : Question on scarcity of coins
The Lightning Network will encourage this, but in a different scenario, because people will fund channels to reduce fees on micro payments between them and a merchant <like Coffee shops> that they use regularly.

That type of user won't likely be sitting on any blockchain bitcoins at all.

They will get an account at an exchange to purchase bitcoins.  The exchange will open a channel with them, with the exchange funding the channel with some amount of bitcoins and the user funding the channel with 0 bitcoins.

When the user requests to "withdraw" funds from the exchange, the "withdrawal will just be a lightning channel transaction to the user.  Those funds will be in the refund transaction INSTEAD of being on the blockchain.  This makes the funds no more or less "out of circulation" than if the exchange had sent the funds to the user with an on chain transaction.

The merchant wants to be able to sell bitcoins when they receive them.  Therefore they will open an account at an exchange. The exchange will open a channel with them, with the exchange funding the channel with some amount of bitcoins and the merchant funding the channel with 0 bitcoins.

If the exchange used by the merchant and the exchange used by the user are two different exchanges, then the exchanges will all most likely have channels open between each other funded on both sides with amounts that are calculated based on the net daily transfers between them.

Now when the user wants to pay the merchant, a route is established from the user back to the exchange where  they got the coins and from an exchange out to the merchant.  The user doesn't need to open a channel directly with the merchant. That would be a hassle for the merchant, opening individual channels with EVERY user that wants to buy something from them.

Now the merchant wants to sell those bitcoins, they don't need to close ANY channels. They just send the bitcoins that they JUST received form the merchant channel and send them back to the merchant over the same channel.



https://bitcointalk.org/index.php?topic=2765719.msg28245347#msg28245347
Bitcoin Core Wallet to Hardware Wallet
Is it possible to move my wallet.dat directly to a hardware wallet such as Tresor?  I am using Bitcoin Core and want to move my wallet off my PC to more secure storage.

Thats completely against the purpose of a hardware wallet.
Once your private keys were on an device connected to the internet (your current pc), those should be considered as possibly compromised.
The only way to guarantee a safe storage is to let the private keys be generated by your hardware wallet (which will never leave the device) and send your funds over.


Also, it is possible to access my wallet in Bitcoin Core without downloading the whole blockchain. My client crashed recently with a message that said "Error: a fatal internal error occurred, see debug for details" .

Not directly.
You can export the private keys / the master private key (starting with xprv..) and import them into another wallet (e.g. electrum: https://electrum.org/#home).
To export your master private key in core. Go to 'Help' -> 'Debug Window' -> 'Console'.
Then type in walletpassphrase YOUR_PASSWORD to unlock your wallet and dumpwallet FILE_NAME to dump your allet into a file.
Afterwards you can open this file with an editor and serach for 'xprv'. This master private key can be then imported into any BIP44-compatible wallet.


https://bitcointalk.org/index.php?topic=2800190.msg28641943#msg28641943
User-Friendly Lightning Wallets
Quote
Dear Bitcoin Community,

I'm hoping that new development on the lightning-protocol takes the shape of easy to use wallets.  The idea is that you want to make the most number of people be able to take advantage of being able to send many transactions (between one another) while minimizing block-write fees and transaction send times.

 
1) Opening a payment channel: A wallet address is inputted and a request to open an L-channel is sent by a new customer to a company that can approve it (this process should
                                               be as easy as it is now to send money with bitcoin). The receiving company through e-mail can tell the sender what channel to request opening
                                               and where to send the request.

2) Managing open payment channels: Once a channel-open request is granted by the receiving party, then this open channel is stored as a tab in the wallet, that can be used for
                                                       payment again later (and is saved as a simple graphical tab in the wallet).  In each tab you can see a list of all of the transactions and
                                                       where there's been a block-write.

3) Automating Block-Writing            :  Being able to automate block-writing settings for each channel. If you are a receiving party then you'd like to perhaps have your
                                                               balance be written every two weeks, or when the fee to write has dipped below a certain charge (by linking the wallet to mining-fee
                                                               scanners) or if the balance has exceeded a certain amount in the channel. Each channel could have a settings button that allows you
                                                               to set these parameters.

These are some initial ideas...hopefully these L-Wallets are developed in a graphically appealing way (ex. Jaxx wallet) and can be easily fit into phone apps.

Thanks for reading guys. Hope you find this interesting.
Mark


https://bitcointalk.org/index.php?topic=2723655.msg27932380#msg27932380
Blockchain with high speed and zero transfer fee
Quote
As far as i know, blockchain don't have capability to do that since all blockchain based cryptocurrency have block generation time to prevent double-spending (unless the merchant/receiver accept 0-conf) and fee is needed to combat spam which could bloat the blockchain itself (even though some cryptocurrency which block isn't full still allow zero tx fee).

Unless you can find blockchain based cryptocurrency which allow zero tx fee and their block isn't full (which means 0-conf is safe), i suggest you to use DAG based cryptocurrency such as IOTA, byteball and RaiBlocks.


https://bitcointalk.org/index.php?topic=2566140.msg26135961#msg26135961
Best Place for Programmers to Learn Bitcoin Altcoin algos

Quote
If you already know how the system works (blockchain, transactions, mining, addresses, fees, etc) you already have a good starting point. The best way to learn the software aspects of the bitcoin network would be to look it up on the internet imho. Here's the Bitcoin Core (official Bitcoin Wallet) GitHub code page. This wallet is open source so you can read their code and try to understand how it works: https://github.com/bitcoin/bitcoin.

However if you are a beginner in the BTC world I suggest you learn the basics of the system first. There are numerous sources you can use to your advantage, the first being the official bitcoin website: https://bitcoin.org.

Also check their "Developer Documentation" section: https://bitcoin.org/en/developer-documentation.



Any comment welcome. Thanks.
8  Bitcoin / Bitcoin Discussion / biggest cryptocurrency hack in Japan: CoinCheck will refund most of the money on: January 29, 2018, 12:51:45 PM
Full article

Coins stolen (NEM) were stored in a hot wallet, rather than a cold wallet. 90% will be refund by the exchange. Sounds like a major mistake from CoinCheck here and good thing they have the funds available because I doubt insurance companies would refund in a case like this one (if insurance companies accept to work with such exchanges in the first place).
9  Bitcoin / Bitcoin Discussion / Bitcoin block size versus Bitcoin Cash block size (going to 32 MB?) on: January 26, 2018, 02:02:52 PM
Hi folks,

For many weeks now, we are all aware of Bitcoin scalability which is becoming a concern.
Good news is: it seems Lightning Network is being tested (and already functional), some people are against it, but it will help transactions to be quicker and cheaper (off chain transactions).
Some unknown however (for me): cost of opening a channel, what is a channel does not exist between me and the store, etc. but all things considered, Lightning Network is an exciting project I believe.

In the meantime, this is probably due to the current fierce competition in the crypto world, I am reading that Bitcoin Cash developers are planning to increase the block to 32 MB.
Apparently this plan has already been discussed. Question however: will current mining pool be able to support such size?
But what's striking to me if that for once, there seems to be an overall consensus between all developers (of BCH) which has became quite rare nowadays in the whole crypto world.

Any comment welcome.  Smiley
10  Bitcoin / Bitcoin Discussion / Oil company willing to sell bitcoin ATMs to casino on: January 26, 2018, 02:19:34 AM
The company name is Chiron Refineries. Quickly after making this announcement, stock price increased by sixty percent. The company is active in the oil market, mainly in Africa, and is now willing to diversify and enter the crypto-currency market, with the motivation that "every casino needs a bitcoin ATM" (which I certainly agree with!).  
Full article is available here > https://news.bitcoin.com/oil-company-wants-to-sell-bitcoin-atms-to-casinos-stock-jumps-60/
11  Bitcoin / Bitcoin Discussion / Bitcoin and Ethereum's price related or not really? on: January 24, 2018, 10:19:46 AM
Hi folks.
Quickly asking a question no that easy to answer: do you believe for any reason that both prices could become unrelated in the future?
I do understand that most altcoins prices are very depending on Bitcoin, but how about Ethereum? Something like 80% of dApps and ICOs are dependent on Ethereum right now. I could see Bitcoin declining and in the meantime Ethereum rising because of all projects depending on it.

Thoughts?

Any (constructive) opinion welcome Smiley
12  Bitcoin / Bitcoin Discussion / Cryptocurrency activities will be legal and tax free in Belarus on: January 19, 2018, 08:14:43 AM
Full article here
Well this was quite unexpected and very refreshing when more and more countries have a different position on cryptocurrencies right now.
(“Belarus becomes the first country in the world to legalize smart contracts at the country level”)

Such good news and smart position of the government there, willing to leave freedom to all citizens, and probably trying to attract more people and wealth in the country. Thumbs up.
13  Economy / Speculation / Theory on the real cause of today's chaos on: January 18, 2018, 09:31:42 AM
Hi folks.
Just sharing this interesting views of a poster on reddit:

Quote
The cause of today's chaos is likely large hedge funds using expiring BTC futures contracts as safety nets to exploit the only sure-thing in this market: a large amount of new/overextended investors who are easily moved to panic sell during a flash-crash.

It is likely that such drop is clearly caused by manipulation indeed, I find this theory interesting.
One can also notice that every year since 2015 there is always a drop in January and this may be also due to Chinese new year. This is also possible but I don't believe small holders will cause such drop, so the hedge funds theory is more likely.

You can read more here > theory on the real cause of today's chaos
14  Alternate cryptocurrencies / Altcoin Discussion / Top 100 CryptoCurrencies described in 4 words or less on: January 13, 2018, 02:37:08 AM
Hi folks.

Found this on Twitter the other day and thought it would be useful to share, especially for newbies (published by NewLine):
 Top 100 CryptoCurrencies described in 4 words or less!

15  Bitcoin / Bitcoin Discussion / Korea, China and Japan are Swapping Ideas for Cryptocurrency Regulation on: January 08, 2018, 01:19:09 PM
Article on cnn.com > Korea, China and Japan are Swapping Ideas for Cryptocurrency Regulation

“However, cryptocurrencies are unable to play a role as a means of payment.”
By that, I guess we are mainly talking about Bitcoin and the network (+fees) as it is right now.

Yet, I am reading here and there that in Japan it has became quite "common" to pay with Bitcoin, I am wondering which kind of products or services though.

I just hope the markets will not get over regulated in Asia in the near future.

Thoughts?
16  Economy / Gambling discussion / Bettor place a 40,000 (AUD?) bet on Nick Kyrgios to win the Australian Open on: January 03, 2018, 07:57:37 AM
https://tt.tennis-warehouse.com/index.php?threads/man-bets-40k-on-kyrgios-to-win-ao.607021/

Circa $800,000 of potential winning.

For those who don't know about Nick Kyrgios, he is very talented but also the ultimate head case, one of the few players I would never trust to win anything, but well le'ts see Smiley

Quote
Nick Kyrgios will land one punter close to $1m if he wins the Australian Open.Picture: AAP
Tennis
Aus Open Confidential: Whopping bet on Nick Kyrgios to win Open could land punter close to $1 million
Staff writers, News Corp AustraliaJanuary 2, 2018 8:03PM
A WHOPPING bet on Nick Kyrgios to win this month’s Australian Open has left bookmakers stunned, with one ambitious punter facing a near-million dollar payout if the Aussie young gun does the unthinkable.

While Kyrgios can beat anyone in the world on his day, he’s yet to show the kind of consistency required to win a slam and didn’t make it past the second round last year.

That hasn’t stopped one punter unloading on the 22-year-old in a stunning show of faith, outlaying a whopping $40,000 on his to win the title at with sportsbet.com.au at odds of $21.

The punter will be paid out $840,000 if Kyrgios can became the first Australian champion at Melbourne Park since Mark Edmondson in 1976 — a tidy 800k profit.

“This bet totally took us by surprise. Kyrgios has the weapons to win a Grand Slam, but that’s about it really. Best of luck to the punter…..I think they’ll need it,” saidsportsbet.com.au’s Christian Jantzen.

Roger Federer ($3.25) is a firming favourite to win this year’s tournament ahead of world No.1 Rafael Nadal ($4.50), Novak Djokovic ($6) and young gun Alexander Zverev ($10).
17  Bitcoin / Bitcoin Discussion / Interesting read again on Bitcoin scaling challenges on: January 01, 2018, 11:30:49 AM
HOW BITCOIN WILL MEET THE SCALING CHALLENGES NEEDED TO GO MAINSTREAM

The Internet comparison is interesting, however the Internet never had competitors (well not yet), the Internet was actually some kind of a big improvement to "Minitel" (who remembers this in Europe?). Right now, Bitcoin is still far from being an improvement to current payment alternatives existing on the market, apart from its anonymity qualities. Most importantly it is facing huge competitions from many other digital currencies.
If Lightning Network comes into place and is a real success, then we can talk again  Smiley
18  Bitcoin / Bitcoin Discussion / "Bitcoin Arena" (skating rink in Denmark) / Athlete getting paid in BTC on: January 01, 2018, 03:30:57 AM
Cute story here (in French but you can use Google translate > https://journalducoin.com/bitcoin/danemark-bitcoin-dans-le-sport/ )

The owner of the skating rink became rich thanks to Bitcoin and decided to rename the rink as the "Bitcoin arena".
More interesting, the article also says that one player (Nikolaj Rosenthal) agreed to be paid in Bitcoin and apparently he is the first athlete ever to receive his salary in crypto-currency (another article here, in English this time > https://www.sbnation.com/nhl/2017/12/14/16777372/hockey-team-bitcoin-arena-salaries-rungsted-seier-capital ).

19  Economy / Marketplace / A broker that can send a bank transfer to a bank account that I don’t own on: January 01, 2018, 03:13:41 AM
Hi bitcointalk community,

I am willing to sell some of my Bitcoin soon, and I am the owner of a wallet at Advcash (with a mastercard as well).
For obvious reasons, it would be nice for me if I could receive my funds to my Advcash wallet. Problem is: there will not be my name on the bank details for the bank transfer.

I contacted Advcash and here their reply:
Quote
Thank you for contacting Advanced Cash support center.
You can, if that business can send a bank transfer to a bank account that you don’t own. Some businesses can only send transfers to an account in your name, so you will need to check that. You will easily find the 3rd party bank transfer details inside your Advanced Cash account in Deposit Funds > SWIFT > 3rd party. Please note that these transfers are processed based on transfer note that contains your wallet ID. If you cannot add a note to the transfer, you will need to contact us giving us the exact sender name and the amount. We will then try to find and process the transfer manually.

As it would be the first time for me to sell my Bitcoin, I have no idea if existing brokers on the market are willing to do such thing?

Thanks for your help.
Regards, and happy new year.
20  Bitcoin / Bitcoin Discussion / Paid 199 sat/b (circa 4.80 EUR at the price of yesterday) to send BTC on: December 31, 2017, 12:24:25 AM
The price was around 13k USD yesterday when I sent a payment of 0.008 BTC and I chose to pay 199 sat/b for the transfer (recommended fee was 350 or something). I got 6 confirmations within eight hours, not that bad compared to a few weeks ago.
Is it because of the price dropping?

I wanted to use an accelerator service after a day, but did not need to.

Always make sure to modify the recommended fee if you can afford to in terms of time, and/or use an accelerator, there are plenty around.
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!