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This just dawned on me today.
The first altcoin cryptocurrency created was 100% Bitcoin Testnet, and it is also the only altcoin that Satoshi is linked to directly.
Kind of interesting when you think about it.
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Part of the root cause is violations of the gentleman's agreement to not trade testnet coins for money, this results in predictable chaos with people sniping the low difficulty blocks. Some believed that resetting alone would discourage the conduct, but even if it had (it hadn't people are selling them now) it was still likely that people would hoard up coins just in case they became tradable in the future. There is a simple fix for this which doesn't result in an operating difference from Bitcoin, just an economic one. Hard fork in an ultramassive premine, as large as possible but what stays with existing value overflow logic. (so maybe an additional 21 million testnet btc?). This also resolves the 'actual developers can't get coins problem' and if someone starts trading tnbct for money, whomever has the premine wallet should feel feel to sell into it what they can. Once they run out of coins it'll be time for another testnet reset. It may just not be possible to prevent degens from trading tn coins for money, -- I mean consider the altcoins that some people spend money on  , there is basically no low bar on how crappy you can make a cryptocurrency where some scammer won't try to sell it to some fool. But what can't be prevented can at least be turned into a benefit. Compared to things like just rigging the subsidy to continue forever-- that's a bigger consensus change compared to bitcoin, and I think it doesn't have the right incentive surface... some of the most popular altcoins have endless inflation and people still use them. Instead you want the failure mode to be "if you do trade this for money, most of the profits end up going to support a developer or development, rather than whatever jerk decided to trick people into paying for it". F eel free to suggest yourself as the custodian of the premine. Or it could be some anonymous party if there is a concern that they'll be pestered for handouts. There should be a general expectation that the custodian of the premine will use it for the betterment of Bitcoin development, but if it's found that they're not-- solution is just another reset. (I would need to talk more about the expectations of the position, but I feel pretty well positioned to handle everything described.) I can assure you I can handle Bitcoin Testnet as stated by Greg and probably more so. I'm also well-positioned for the above proposal... as I am the exchange owner, I would still earn my fees ( now with your assistance in the above proposal, but I think I've already been assisted by a few that type on the Mailing list.) I could charge a 50% fee for the market, and a tester would still do business in order to test someone's project they were really excited about + I have the ability to freeze suspicious bad actors. I would potentially consider this an attack, and it would be interesting to see how it played out. I compare it to a Walmart parking lot vs an Aldi parking lot. Aldi charges .25 for a big cart and you get that 25 cents back when it is put up. Walmart is a shitshow and Aldi has kids/homeless/me walking around returning carts for them. I imagine anything you do, I can summon those carts back. We have other options as well, but I don't have to discuss my exact intents and write it out in code... I can move swiftly due to no bureaucracy and I don't get a paycheck every week, I have to make my paycheck through services. Thankfully, there is a demand for some of those services. I got a good chuckle at "It may just not be possible to prevent degens from trading tn coins for money, -- I mean consider the altcoins that some people spend money on Smiley, there is basically no low bar on how crappy you can make a cryptocurrency where some scammer won't try to sell it to some fool. But what can't be prevented can at least be turned into a benefit." I agree. Trust me, this market has blown my mind more than anyone... it is absurd and it is evolving!!! Let these folks evolve. Establish a set day for a totally new testnet and drop the old version out of the current core... it feels so obvious to me, that will keep the long term people out and short term people have a reason to put up a cart + keep stuff not scarce. I would propose Jan 7, 2030. Build the mindset that any degen that holds past then has an "expired option" type leftbehind test coin. (This feels so obvious to me)
I think it is a *terrible* idea to premine Testnet coins. If the punishment is selling the coins... you are literally doing 50% of the exchange owners duty to get paid themselves! It's such a fucking mess, but you almost need to be the one with the exchange to challenge the exchange. Clearly, my little shit exchange that has bothered nobody, is still getting brought up by people who should be focused on Bitcoin with its $1,880,000,000,000 market cap. IMO Testnet should have normal POW, all the reasons it doesn't are complete bullshit. Fork it, v5, or whatever you got to do in order to have POW that is like Bitcoin (after all, that's the goal, right?) Perhaps table it till 2029 and reconfirm the 2030 date. (These dates can be moved up of course, but 5-10 years felt like a pretty good spot. It isn't a huge pain in the ass to upgrade for the community either that often... It's a really rough few hours to me while I eat Hot Pockets and watch us upgrade, lol like I told Sjor via email... The exchange MAKES MORE COINS EVERY VERSION FROM CONFUSED PEOPLE, people won't just give up their v4 coins, the will convert to v5 if they can get *anything* and anything is a small ass number here in Shitcoin. I figure if you keep the same ideology and fail to see what I see there are only two options: 1. You fail. 2. You give up and, very easily could, remove Testnet entirely, which would be terrible sad. Ramming shit down peoples throat seems to be this chapter of Bitcoin Core. It's probably better to have him inside the tent pissing out, than outside the tent pissing in. I'm trust worthy and I do my job. There has long since been a theory that people with coins have no vote... I too feel like I have no vote because I need no vote. God is present. Not to sound like a nutter, but this thing surges, I've studied worthless testnet for years and it is amazing + so are the users. It is hungry to expand... kill the long term value with a set date far out, don't upgrade this thing weekly, and don't fucking worry about it man, I got this... with or without premined coins, the find there way to me anyways. Make it not such a big deal and it won't be a big deal... having Testnet debates on how to make it even more shitty (yall did a fine job with v4 rofl) popup in the mailing list for 10-15% of the emails regarding my private company is absurd.  |
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I think it's time we come to terms with the fact that Bitcoin Testnet has value—very little, but value nonetheless. Why?Proof of Work (POW) – Insert that sales pitch here. Time – It takes time to acquire these, and many people would rather throw 5 Dogecoins at it and be done—then bill the person who hired them. Demand for Testing – When demand overruns the free faucets, they must either monetize or continue burning money by handing out funds to third-world bums. Effective for Airdrops – Using Testnet to airdrop tokens in exchange for widespread testing of DeFi wallet-connected tools works surprisingly well. It attracts a large number of users to stress-test products before launch. I'm sure it would work for third party aggressive centralized testing as well in exchange for a reward. Insert the normal reasons needed hereI see plenty of reasons why Bitcoin Testnet has value and very few reasons why it shouldn't, aside from the argument that "it's not supposed to." Is Bitcoin supposed to be used for a lot of the stuff it has been used for? *insert the not supposed to bullshit here and all the centralized action the Bitcoin community development has taken against those that aren't "supposed" to use Bitcoin for _____.* (I don't support this, and I hope you don't either, for the record.) Free markets talk, and bullshit walks. Bitcoin Testnet v3 and v4 have yet to hit zero bids in their supported markets alongside Bitcoin. https://altquick.com/exchange/market/BitcoinTestnet3https://altquick.com/exchange/market/BitcoinTestnet4There is no "reset" in Testnet as previous propaganda suggested—only code rug pulls, attempts, and people exploiting bugs in the software to help justify relaunching to reset the block rewards... the same kind that could happen elsewhere. *cough* Bitcoin *cough*Saying Bitcoin Testnet has no value is not true. Bitcoin Testnet is and has to be an altcoin. |
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tldr; Thoughts?
Excuse my noobness.
Bitcoin Testnet resets to a difficulty of one if no block is found in twenty minutes. Is a bunch of small miners hitting it better than one big dedicated machine?
I know with POS we've found that 10,000 clusters of 5 hits far more often than one cluster of 10,000. Does this same thought process apply?
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I'm just curious if there are any pools besides VK that mine Bitcoin Testnet v4?
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Medical Ketamine is a growing industry. This is as nice of domain as you can get keyword wise. $50,000 MedicalKetamine.com |
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I have one bag of 500oz .999 silver shot from the RCM that I'd like to sell for Bitcoin. I will also accept other cryptocurrencies as well. Buyer pays shipping. You can also choose insurance and all that jazz as well. USA buyers are preferred (this bag is America currently), but international shipping is possible as well, but again, buyer pays all shipping + customs cost. I'm not sure why I can't get this img to post here on the forums, but here is a link to the picture of this item: https://i.ibb.co/g35XzwL/IMG-0186.jpgThanks! |
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Please provide the amount of Bitcoin Testnet you would like, the reason, the version of Testnet you need and your Bitcoin Testnet wallet. I now have both v3 and v4 Testnet coins. Please specify which version you need. I can provide whole coins.Our automated faucet is also available now as well for 3 & 4 (A no KYC account is required to use our faucet, but it's easy and chill): https://altquick.com/faucet/If you need more Testnet coins than what people will give for free check out our other options:Buy or sell with Bitcoin and other alt coins anonymously with no account or kya: https://altquick.com/swap/Buy or sell with Bitcoin and other alt coins anonymously with an account using our main exchange's bid/ask: https://altquick.com/exchange/ |
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Well, this is a first in my 10+ Bitcoin career... Hacked, but I *STRONGLY* believe it is on FreeBitco.in's side and I would strongly suggest NOT logging into your account until Support settles it. (Background: I own FreeBitcoins.com and AltQuick.com. We have used FreeBitco.in for years to help fund our own faucet.) 1. I received an email that I had won a $300 affiliate prize. 2. I logged into my account and saw the 0.004 flash to zero. 3. I received an email for a withdraw to an unknown account:15C8FetAcZ7fkdgf2FAHamwqX4EUE1zhgP 4. I deleted this email right away to prevent it from being clicked if I was pwned. 5. I changed the password and applied QR 2fa on my account. 6. I then received an email that my withdraw to the unknown account was canceled. (April 30 at 21:47) 7. I then requested an "Instant" withdraw to my Bitcoin address on file as fast as possible after the above time and confirmed that it had not changed. Normally this withdrawal takes 15 minutes. I used my profile address button and double checked my addy before clicking as well. 8. Roughly an hour later, at April 30 at 22:42, I received an email that my payment had been processed to 15C8FetAcZ7fkdgf2FAHamwqX4EUE1zhgP. I never received a second email for the payment after the first one canceled... which seemed strange. This seems to have happened to multiple prize winners and appears to be a targeted attack for the prize money. It also seems to be that FreeBitcoin is likely has their system compromised. I used no copy/paste. All of my account information is showing the same as I've had it forever on my front end. Something is seriously wrong. I've used this website for *years* and hate writing this.   My normal and unchanged account address:  I strongly believe this was a targeted hack because I can't understand why I wouldn't have been targeted on 4/10 or 4/11.  There are also multiple users who won the contest that appear to have had the same thing happen to them as well. For the time being, we've temporarily removed our FreeBitco.in affiliate links from AltQuick.com and FreeBitcoins.com. (Which I hate doing as well, because we have over 5,800 affiliates...) I waited a few days to see if their customer support would answer in their thread before making this post. My OP is here: https://bitcointalk.org/index.php?topic=320959.msg64015156#msg64015156I'm certainly not compromised because if someone was changing my addy's... lol.. 0.004 btc would be the least of my losses. It feels too strange to be random. Hoping this gets rectified and solved on FreeBitco.in's end. User ID: 3272909 |
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I'm just curious about speculation.
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We have been having at least a few people buying Bitcoin Testnet coins lately on AltQuick.com. I know this is a bit tabboo in the community, but as Bitcoin grows... people want these coins for short periods of time and they want whole coins to test their big new platforms. Bitcoin Testnet has a block reward of 0.02 TBTC every ten minutes and this makes it a bit of a pain in the ass obtaining them privately. The AltQuick exchange offers a bid/ask for Bitcoin Testnet with Bitcoin and allows people to anonymously trade between the two. I suspect this leads to more people "returning" their "valueless" Bitcoin Testnet coins and keeps the testing rolling smoothly. People aren't just using Bitcoin Testnet for development, they are using it to test using Bitcoin itself. This at the very least keeps someone downloading Bitcoin files and not some dirt cheap/sketchy Altcoin wallet. I personally see it as a good thing. I'm writing this because we need more people willing to sell Bitcoin Testnet on our exchange. You can name your price. If they are valueless... sell them for the least possible Bitcoins. It seems someone, somewhere, appreciates it and hopefully, they are building something cool. https://altquick.com/exchange/market/BitcoinTestnetSignup is quick and requires any personal information or email. Bitcoin Testnet deposits take 100 confirmations (avg 20-minute block times) & you can test our deposit system for free using various different blockchain Bitcoin testnet faucets online. Please feel free to discuss this in this thread regardless of your opinion. It should be noted we give away free Bitcoin Testnet coins through our sister site FreeBitcoins.com as well as through a faucet and users can instantly put their Bitcoin Testnet coins on the blockchain with just one faucet hit. There is also a warning on the Testnet exchange. |
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I made a Bitcoin Testnet exchange with Bitcoin because I thought it was helpful and a bit funny... https://altquick.com/exchange/market/BitcoinTestnetIt's actually had a surprisingly good response... Everyone that downloads Bitcoin Core automatically has a wallet, it's good for testing websites and your own services, and it's hard to get whole Bitcoin Testnet coins due to 0.02 TBTC block reward every 20 minutes... Do you think Bitcoin Testnet has a chance vs stupid things like Dogecoin/Pepe coin or whatever fucktard thing of the week is to be the hot Altcoin of 2023? Immoral, stupid, genius? Chime in <3 thanks! |
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You can get more details about this discount code on the FreeBitcoins blog: https://freebitcoins.com/blog/working-10-discount-free-shipping-code-white-horse-vapor/Tons of dirty Bitcoiners I know these days vape. The more you save on your vaporizers, the more Bitcoin you can stack. This evening I spent 30 minutes looking for a discount coupon for White Horse Vapes (URL VapeWH.com) and I had zero luck finding a code that actually worked. But if you use the link, http://whitehorsevapor.refr.cc/Freebitcoins, you will be given $10 off your purchase plus free shipping! Each user is given a unique code through the link above that will generate their very own working code each time. White Horse sells Elfbar's for $13. My local vape store charges almost $30. That alone is a huge savings, but $10 off and free shipping is kinda icing on the cake. Your checkout page will look like this:  If you're going to be a dirty vapor... you may as well save someone money to stack sats!
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[1-12-2024] I've reopened this thread because my local Humane Society is accepting Bitcoin again. The board had me pull it down at first, but now they are on board: https://bitcointalk.org/index.php?topic=5436161.msg63489305#msg63489305https://www.hsicshelter.org/donateI've been around Bitcoin for a while now +10 years(?) Back in the day when you asked people to accept Bitcoin... it felt like you just asked them to accept blood diamonds they watched a 7-year-old with one arm mine. That has TOTALLY changed these days though, thank god. I was absolutely blown away by the positive response at my last night's board meeting when I mentioned Bitcoin and cryptocurrency! People were on board basically instantly and interested too. One of the older gentlemen even asked if I knew SBF... lulz... I guess it goes to show that robbing Tom Brady is probably the strongest marketing tool this space has ever seen marketing-wise!   That being said, I'm proud to announce that our little Humane Society now accepts cryptocurrency donations. I made the Bitcoin address static so that other shelters and people can see how much has been donated. (as opposed to changing the BTC address automatically after every donation.) Supporting Bitcoin, Dogecoin, Ethereum, and Monero. I really want to see this be a success. I made the first donations to practice what I preach last night. Thanks <3  https://www.hsicshelter.org/donate
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The billboard has lights and is located near 6715 John Harden Dr, Cabot, AR 72023 which is a Little Rock, Arkansas strip club called Sensations. It is one of the only sides of a billboard not rented by politicians at the moment. It is located right off the main drive into Little Rock. I'm looking for three people to go in on this for $200 a month with me for 12 months. This covers everything: designing the banner, creating the banner, hanging the banner, maintaining the banner and renting the banner! The banner normally costs $500 a month (feel free to call yourself), so this way... you'll save money, I'll make $100 a month, and my little FreeBitcoins.com gets some "free" marketing too.   Banner idea:  Full payment for the three sponsors is required upfront. I drive past this sign at least once a week servicing salons and vending machines. I will take care of making sure they sign company does their job for us and our monthly bill is paid to them. (Please keep in mind I will have to get the sponsors and stuff approved by this Jim fella. I do not own this sign or club. Jim did say FreeBitcoins.com was fine though.) Advertise your business, your phone number, your dog, your love for your wife... I don't care as long as I can get it approved & you pay up front, so I don't have to worry about monthly collections!  Is anyone interested? I'm happy to handle all the leg work, dealing with Jim, and getting stuff approved (in fact, I prefer it this way) I'm trying to market my little company smarter, not harder... or am I... har har thank you |
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This is the announcement page for FreeBitcoins Token (FBTC). FreeBitcoins Token is an Ethereum based ERC-20 token. This page will be updated as things happen, so please bookmark this page. Just like our Avalanche ERC20 token... 50% of the supply is being given away for free through the FreeBitcoins faucet at: https://freebitcoins.com/faucet/Contract: https://etherscan.io/token/0x73f353384506D2Be15Da31C1f64e1BBbf398b985FreeBitcoins Token (FBTC) can be earned for free here: https://freebitcoins.com/faucetFreeBitcoins Token (FBTC) can be bought and sold with Bitcoin here: https://altquick.com/market/FreeBitcoinsTokenFreeBitcoins.com blog post about FreeBitcoins Token: https://freebitcoins.com/blog/freebitcoins-token-fbtc/The main FreeBitcoins.com Bitcointalk thread: https://bitcointalk.org/index.php?topic=5111785.msg49817387#msg49817387DistributionThe launch supply of FreeBitcoins Token is: 1,000,000,000 FBT The majority of FreeBitcoins Tokens will be distributed for free through the FreeBitcoins Faucet. Users need to solve a captcha in order to receive their FreeBitcoins Token deposited directly into their FreeBitcoins exchange account. The FreeBitcoins faucet will distribute 500,000,000 FBTC for free to FreeBitcoins users. The parent company of FreeBitcoins “MY LLC” will be given 400,000,000 FBTC for company growth/liquidity/ and other business ventures (Lambos?!). The two company founders will be given 50,000,000 FBTC. For a total of 1 billion coins in circulation.  StakingFBTC stakes 10% APR and has bonuses for locking your stakes for different periods. (similar to Hex) Our token staking pool will be live soon for users to join. I will add the link here. Our bridge to Defi and decentralized exchangesWe have had a lot of requests for us to get involved with Defi and other decentralized exchanges. Many people think that they are the future, and we want to try to be a part of it however we can. Our thought process behind FreeBitcoins Token is that by allowing FBTC to trade both on FreeBitcoins exchange and the other decentralized exchanges such as Uniswap, our users will have access to more of the liquidity that they are used to trading with. We understand that FreeBitcoins.com doesn’t offer some of the tools that Uniswap offers, and frankly, we don’t want to! We would much rather have a safe/fair token that allows our users to trade however they want when they aren’t on our website! By creating this token and building this bridge, we continue to battle to add more liquidity to the FreeBitcoins.com exchange! I will update this page as soon as we are added to the Defi exchanges. Affiliate Programhttps://freebitcoins.com/xchange/profile/affiliateAffiliates are paid a commission split for the lifetime of their signups. Affiliates earn 100% of all faucet hits. EXAMPLE: If your signup earns 5 FBTC from our Faucet. You will earn 5 FBTC too. Affiliates earn 50% of all Swap fees. EXAMPLE: If your signup trades 1 FreeBitcoin Token on Swap. You will earn 0.005 FBTC due to trade fees being 1% on Swap. Affiliates earn 50% of all XChange fees. EXAMPLE: If your signup trades 1 FBTC on XChange. You will earn 0.001 FBTC due to trade fees being 0.2% on XChange. Faucet payments are basically instant. Trade payments are processed every 15 minutes and deposited into your XChange account. LegalOwnership in this FreeBitcoins Token does not entitle the token owner to any ownership in FreeBitcoins.com or any returns in profits. This FreeBitcoins Token is strictly for educational and recreational purposes. FreeBitcoins Token should not be considered an investment token or a security token, as it does not promise any returns or any stability. Please treat this token like a pinball machine and not a slot machine! Have fun, and thank you very much. We would also like to thank the project “Hex. “ |
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