684
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Bitcoin / Bitcoin Discussion / "We got hacked" coming !
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on: December 29, 2016, 08:25:18 AM
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Two scenarios are likely to happen at this point :
1. "We got hacked" e.g Mt.gox 2. They actually get hacked
It's no secret that when the price of BTC increase , exchanges and other services becomes a target for hacking and sometimes It's actually an inside job where they claim they got hacked and of course , we can't proof it.
So to avoid any kind of regrets If that happens , I really recommend everyone to withdraw his funds from exchanges for the moment as we are heading to 1000$ pretty soon probably. Once you finish trading , just withdraw as there is no reason to keep them there... when you want to trade again , just deposit the amount to trade with and nothing more.
Exchanges that holds most of the funds in cold storage could be more secure but you never know... so yeah , be careful.
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687
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Bitcoin / Bitcoin Discussion / The Bitcoin Community & Decentralization
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on: December 25, 2016, 03:55:39 PM
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There is something that I really can't understand and I want to get your thoughts about it.
It looks like for some reasons , the bitcoin community don't care about decentralization at all. I mean , If we check the forums we will see how they say they want to use decentralized websites to exchanges etc... but the truth is that no one does. OpenBazaar which is supposed to be a decentralized marketplace is almost used by no one compared to the bitcoin userbase and this is valid for Bitsquare.io as well. In the meanwhile , we see a lot of people providing their real infos to the exchanges just like that.. So what's wrong here?
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688
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Bitcoin / Bitcoin Discussion / CNBC Analysts Explain Bitcoin Price Surge on Mainstream TV
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on: December 24, 2016, 06:34:21 PM
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While most mainstream outlets failed to note some of the specific factors that led to the price surge of Bitcoin, analysts at CNBC explicitly outlined three major factors which contributed to the increasing Bitcoin price. These three were: - Increase in demand, decrease in supply
- Devaluation of yuan & rupee, and increasing capital controls
- Less than 5 mln Bitcoin left, spurring panic buyers
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690
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Economy / Digital goods / Free Keybase invites
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on: December 21, 2016, 01:44:57 PM
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As the title says , I'm giving Keybase invites for members here who are Full Member rank or above. I won't ask you for the reason honestly but If you already have one or you are not really going to use it then please don't ask for one. I will be giving for the first three members that asks for it.
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691
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Bitcoin / Bitcoin Discussion / What is TumbleBit ?
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on: December 20, 2016, 02:54:52 PM
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While reading an article on cointelegraph a few days , I saw a mention of Lightning network , SegWit & TumbleBit and how they could help bitcoin grow but I still don't understand what is TumbleBit and when we should expect seeing this update as I never heard anyone speaking about it
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692
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Bitcoin / Electrum / Costs for running Electrum Server
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on: December 20, 2016, 08:25:00 AM
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I want someone who is already running an electrum server and has so experience with this subject so It's easier for him to answer my questions and any help is highly appreciated. I want to know how much It costs to run an Electrum server and what is/are services that you are using to do that .
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695
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Economy / Service Discussion / [Collection] Hardware Wallets Reviews
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on: December 19, 2016, 09:26:48 AM
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I'm trying to gather reviews as much as possible , I will be linking those reviews on the thread that I made recently : https://bitcointalk.org/index.php?topic=1710607.0;topicseenTo prevent spamming from multiple accounts or from users who probably didn't even use the wallets , I won't be accepting (or adding) the reviews from users with a Full member rank or below and to make things clear and easier for me to read and filter , I'd appreciate If you could follow the following format : ★★★★★ ★★★★☆ ★★★☆☆ ★★☆☆☆ ★☆☆☆☆ [b]Hardware wallet :[/b] Trezor [b]Rating : [/B] ★★★★★ [b]Review/Feedback :[/b] write here
If you used multiple wallets then feel free to give multiple reviews , as long as the review is detailed , I will be adding it.
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698
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Bitcoin / Bitcoin Discussion / Anhui Bitcoin Mining Farm Seized By Chinese Police For Stealing Electricity
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on: December 16, 2016, 11:09:42 AM
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The Chinese law enforcement cracked down on a Bitcoin mining farm in Bengbu, Anhui province, for illegally allocating a local electric power company's energy source for Bitcoin mining operations. The local police of Bengbu seized ASIC miners and other equipment used to mine the digital currency. Xin’an Evening, a local news publication in China, revealed earlier this month that a family in the Anhui province used home energy sources provided by a local electricity service provider to mine Bitcoin. The digital currency which the family obtained was used to finance the family’s expenditures. The news publication further noted that the family made enough money through its mining farm to finance up to 8 years of their future expenditure. Like If we needed any more bad publicity , you could read the rest : https://cointelegraph.com/news/anhui-family-bitcoin-mining-farm-seized-by-chinese-police-for-stealing-electricity
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699
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Economy / Exchanges / BTC-E under DDOS attack
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on: December 16, 2016, 07:00:45 AM
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It's backup online now but I just wanted to let you know In case you didn't notice , I wouldn't keep my funds there If I were you even though It was just a DDOS attack , this could be a warning and more may come (such as hacking).
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