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June 27, 2022, 12:09:04 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
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1  Economy / Economics / Warren Buffet's stock goes up and down $1000's of dollars all the time on: November 30, 2017, 02:04:57 PM
Warren Buffet's Berkshire Hattaway class A super stock always goes up and down thousands of dollars, sometimes tens of thousands and more, all the time, and no one is freaking out about it. For example, this is the movement in the last few days for November:



As Bitcoin grows and reaches 6 figures, 4 or 5 movement figures will be common, and even more common in BTC since it's a global uncensorable and unregulable market. Please stop panicking about going up and down $1000 dollars in a day, now that we are a 5 figure asset it is rather normal, again specially with Bitcoin. Just buy the dip and business as usual. Don't be the guy panic sells his moon tickets when this happens. See you for the next ATH.
2  Economy / Economics / Bezos is now worth 100+ $billion on: November 26, 2017, 08:06:25 PM
It is amazing how this guy started this empire that's now the highest valued on the entire planet earth, surpassing Bill Gate's Microsoft. A single guy is worth $100 billion and some think Bitcoin is over valued when this guy alone is worth that much.

It's good to put things in perspective to think about these things. Also look at this video:

https://www.youtube.com/watch?v=6cTjhzSgdwE

A lot of people got told the were insane to believe in this guy, and now Amazon stock has made so many people rich even after the Dotcom Bubble.

Bitcoin is the Amazon of the crypto bubble (which has not even begun yet by the way). A lot of altcoins will crash, but BTC will remain and will keep making higher highs while they tell us how we are crazy now. Good times to come.
3  Other / Meta / Forum is too slow again on Tor on: November 26, 2017, 07:43:09 PM
I have been trying to log in and the forum is super slow again, I got some of these "(504) busy, try again later" errors.

Is this organic traffic maybe driven by the price increase, or are we under attack, or both combined? I could see someone like Ver spamming this forum to frustrate newcomers that are finding out about Bitcoin through this forum so they try to access their bitcoin(dot)com forum instead, since he is trying really hard to get his reddit and his forum to be the first ranked forums.

I hope this gets fixed soon anyway, I hate when I post something and I lose the post because it returns an error.
4  Alternate cryptocurrencies / Altcoin Discussion / How to keep track of all of the bitcoin fork prices? on: November 24, 2017, 07:43:37 PM
What are you guys using to keep track of so many altcoin bitcoin forks? it is driving me crazy with so many different ones, and I can't simply ignore them when im getting free money..

Bitcoin Cash
Bitcoin Gold
Bitcoin Diamond
Bitcoin Silver
Bitcoin Platinum

and we are still going to get a lot more through 2018.

I like to use cryptofolio.info, it's a good and simple portfolio, the problem is, it takes so much time for coins to be added.

Blockfolio app spies on your portfolio, so I can't trust that.

Any other programs or sites to keep track of coins?
5  Alternate cryptocurrencies / Altcoin Discussion / Has anyone managed to sync an Ethereum full node on: November 20, 2017, 03:55:14 PM
Ethereum is impossible to sync as a full node in my experience. I tried to sync the entire blockchain and after 2 weeks (yes, 2 weeks!!!) im still stuck at less than 50%. It seems there was some sort of spam attack and some of the blocks are pretty much impossible to download and could even damage your hard drive due the insane amount of i/o activity.

I would like to know how can Ethereum ever be trusted if you can't even properly sync a clean blockchain since day 0.
6  Alternate cryptocurrencies / Altcoin Discussion / Bitcoin Clashic (NEW fork, not Bcash) on: November 19, 2017, 03:48:14 PM
Pretty funny stuff, did anyone see this?

http://bitcoinclashic.org/

Quote
The Best Money in the World

Bitcoin Clashic brings sound money to the world, fulfilling the original Satoshi's True Vision of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.

All Bitcoin holders as of block 478558 are also owners of Bitcoin Clashic. All are welcome to join the Bitcoin Clashic community as we move forward in creating sound money accessible to the whole world.

Their community is pretty active. Already more than 2,000 followers in twitter:

https://twitter.com/BitcoinClashic

They also have a reddit and more. Looks like they are serious about this even if it's some kind of joke, I wonder what value it will have.



7  Bitcoin / Development & Technical Discussion / How does "balance" work in offline wallets? on: November 16, 2017, 06:20:27 PM
I was considering setting up an offline wallet setup, maybe with for example Armory, which looks like the best cold storage wallet for desktops (or laptops). The thing is, I don't understand how are you supposed to get track of how many bitcoins you have, if your computer never touches the internet.

Let's say it's a proper air-gapped laptop with Armory installed on it, where I create receiving addresses, and make the transactions, to then be passed upon an online computer running a node. When I receive transactions on Armory's addresses (or make transactions) how does Armory know what my current balance is if it never reads the blockchain? How can it know how much to add or subtract to show up an updated correct balance?
8  Other / Meta / Spent 5 minutes trying to login with Tor on: November 16, 2017, 05:13:26 PM
This is a new record in me wasting time trying to fill up the captcha, only to get an error after you end up filling it (remember that the "find the car pictures" one is extremely slow in Tor for some reason). I kept getting this error:



Google captcha's definitely doesn't like Tor. I was wondering if there is anything in the works to mitigate this problem or we are stuck with this forever.

9  Bitcoin / Bitcoin Technical Support / Best laptop to run a node? on: November 06, 2017, 04:14:55 PM
Following my "best linux distro" to run a node, what laptop would you recommend to use said node?

It is well known that somewhere around 2006 or 2008, intel started putting a chip inside the actual CPU that basically was a backdoor that still works even when you turn the computer off and does god know what. The point is, I wouldn't call any computer released past that date as safe from spying. I wonder if AMD also suffers from this in modern computers? from what i've heard that is a big yes, which puts it into an huge problem: We have stuck with old hardware, which is very annoying to deal with since syncing the node becomes even slower, and we can't even know if these pre 2006 or 2008 or whenever the ME started, are safe, but I guess it's better than nothing. I assume there are no alternatives to Intel or AMD, so what can we do?
10  Bitcoin / Development & Technical Discussion / Matching addresses on 3 blockchains on: October 31, 2017, 06:56:02 PM
Let's say you have bitcoins on the legacy chain, (BTCaddress1)

As a result, you got whatever amount of bitcoins held there in the BCash chain, (BTCaddress2)

Finally, you didn't move your coins from there, come November and you get whatever amounts of bitcoins held on BTCaddress1 in 2x's chain (BTCaddress3).

Notice that BTCaddress1, BTCaddress2 and BTCaddress3 are all the same address because the jackasses doing forks don't even bother in having their own address formats.

Anyway, my question is... does this pose any risk when I try to access one of them? what would be the correct way to access BCash and 2x without screwing up in the process? im not sure since it's a triple match...
11  Bitcoin / Bitcoin Technical Support / Best Linux distro to run a full node on: October 29, 2017, 03:47:22 PM
I don't have much experience with Linux, so I would like to know what is a safe and reliable distro that at the same time is user friendly for a regular Windows user, in order to be able to run a full Bitcoin Core node and forget about constantly being paranoid of doing so in Windows.

I heard Ubuntu is really user friendly but I also heard that Ubuntu is no longer considered safe because it got bought by some sort corporation or something like that. Im not sure about the details but I remember reading something dodgy about Ubuntu.

I would also like to know if I can re-use my existing "blocks" and "chainstate" folders of my Bitcoin Core windows folder into the the Linux folder to not have to go through the entire thing from scratch.
12  Bitcoin / Bitcoin Technical Support / Any benchmarks for CPU's block validating times? on: October 28, 2017, 03:33:57 PM
Looking forward to upgrading my computer for christmas and I was wondering if someone got some bechmarks with CPU's speeds when it comes to syncing the blockchain.

I've seen bechmarks of graphic cards for mining, in fact this industry is only going up with kids buying GPU's to mine altcoins, but im just interested in syncing my Bitcoin Core node faster.

Currently I got an old 2008 QuadCore so I expect a big increase in speed. I also got 8 GB of DDR2 ram.

Should I go for Intel or AMD? I was considering the i7-8700K 3.7Ghz which goes for around $440 and 2 pairs of 16GB DDR4 (Kingston HyperX Fury White DDR4 2133Mhz PC4-17000 32GB 2x16GB CL14) for around $300. This should be an awesome increase in speed.

I would also need a new motherboard.

Is it worth going from SSD SATA to SSD m2 or hard disk is no that relevant?

Please help me choose a nice upgrade.

13  Other / Meta / suggestion: Ask for a BTC address upon registration on: October 27, 2017, 06:11:46 PM
Given that more and more people keep losing their account and the only 100% certain verification that a new account can claim to own an older account is if the older account got an unedited, quoted or locked BTC address somewhere... why not ask for a BTC address during registration?

Most people learn about BTC addresses being an useful way to verify your ownership when it's too late, so it comes down to luck if you posted your BTC address somewhere or not, so it should just be a part of the registration process, or at least make it optional and clearly say that if you don't add a BTC address it may be a problem if you get hacked.

Can admins see the history of any changes in the "Bitcoin address:" thing on "Profile"?
14  Alternate cryptocurrencies / Altcoin Discussion / Are the times of big gains against BTC over? on: October 25, 2017, 07:02:50 PM
I have noticed how in the charts, the orange line that represents the gains vs bitcoin are getting much lower. Sometimes coins pump really big when it comes to USD, but you don't make that many BTC gains anymore, example:

https://coinmarketcap.com/currencies/clams/

Notice how the all time high in BTC in august 2015 is similar to the all time high in USD that happened recently last week. So what does this tell us? making gains in BTC is harder.

Have you noticed any altcoins that have done all time highs against BTC recently?
15  Alternate cryptocurrencies / Altcoin Discussion / List of coins that BTC holders recieved for free on: October 24, 2017, 03:49:58 PM
BCH = Bitcoin Cash
BTG = Bitcoin Gold
GBYTE = Byteball
CLAM = Clams
BTX = Bitcore

I count 6 thus far. Soon to be 7, after SW2 (also known as B2X/Segwit2x) is released in November 18th. Im not sure if there have been more. Byteball is still airdropping, but it's a waste of time, the airdrop is giving tiny amounts for big amounts of BTC, so I wouldn't really bother.

BTX is trading at $6.94/0.00122884 BTC. Im not sure how claiming this coin works, I guess same as usual, but wouldn't bother to mess with my cold storage for such small gains.

CLAM, similar to BTX, trading at $3.89/0.00068986 BTC, not worth my time.

What else do we have out there?

16  Economy / Economics / JP Morgan buys Bitcoin (after Dimon crashed the market) on: September 16, 2017, 01:01:13 PM
Quote

JP Morgan, the global banking giant, has bought 19,102 bitcoin shares in the Swedish Nasdaq traded bitcoin ETN, translating to around 95 bitcoins, worth some half a million dollars.

They also sold around 9,000 shares, translating to some 40 bitcoins, seemingly keeping the rest, at least for now, according to data provided by the ETN.



http://www.trustnodes.com/2017/09/16/jp-morgan-buys-bitcoin-price-rises-20

How funny is that? The CEO of JP Morgan goes on an interview and says Bitcoin is a fraud and everyone trading Bitcoin on JP Morgan is an idiot and will be fired.

Price crashes and hours later the buy a lot of BTC.

Looks like panic sellers got played out by the whales again.
17  Economy / Economics / Live #Bitcoin in China Update with Simon Dixon on: September 15, 2017, 02:06:46 PM
https://www.youtube.com/watch?v=Uerbns8I2Go

It's good to see the news being brought up by someone that is actually in china, bypassing the great firewall with VPN of course. It looks like China government entered in panic mode about Bitcoin, they saw it's power, got scared so they try to stop it. They want to create their own crypto, which could possibly be Bitcoin Cash for all we know, since Bitcoin Cash is a scam controlled by chinese gov-sponsored miners and vendors.

Oh and the price is going back up. This shows bull pressure is as strong as ever without China.
18  Bitcoin / Development & Technical Discussion / When can we expect 0.15 on bitcoin.org? on: September 13, 2017, 12:19:00 PM
Call me paranoid but I always wait until it's on bitcoin.org with all the signatures on the .exe files. Right ow we are still at 0.14.2

https://bitcoin.org/en/download

This update is crucial. Everyone must be aware to update it ASAP. It's really fast and it will also help to prevent the segwit2x scam. I hope the "News:" header on the forum here also updates asap because usually it lags behind a couple of days sometimes.
19  Bitcoin / Hardware wallets / Is Trezor compromised? on: September 12, 2017, 12:36:43 PM
https://www.reddit.com/r/TREZOR/comments/6yti7p/trezor_bridge_trezordexe_calling_home/

Quote
On (first?) start the trezord.exe tries to open an Amazon IP address (serveral on failure and at various ports, e.g. 13.32.14.x:54xxx).

What is looking for there? Updates? I think it's scary. Could be used to track down Trezor users.

edit: It seems wallet.trezor.io will not start up with trezord.exe fenced. Sigh.

Why is trezord.exe trying to connect with an Amazon IP address?
20  Bitcoin / Bitcoin Technical Support / Using blocks from windows folder into linux folder on: September 11, 2017, 12:54:15 PM
I want to run a Bitcoin Core full node in a linux machine that is brand new. I don't want to go throught the hell of syncing from scratch, so I don't see any other way out but to get the "blocks" and  "chainstate" folders copypasted into the linux Bitcoin folder, this is an acceptable practice?

How long can I expect for it to take in a Quadcore with 7 GB of ram and a regular 7200 rpm HDD ?
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