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1301
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Economy / Games and rounds / Re: 0.03BTC giveaway
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on: April 23, 2014, 08:42:23 AM
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I'm in with 1KSk5NH7kHAT1rA1JuKGpA1HiaPzcbHySC You may edit typo (in bold): Hi all, I have 0.03 BTC to give away 1, Giveaway amount is 0.01+0.03 BTC;
For example, it the 666,666th bet's result is 09.3759, the reply with #9 will win 0.01 btc and #3759 will win 0.02 btc.
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1306
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Other / Beginners & Help / Re: Whats your favourite Cryptocurrency?
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on: December 20, 2013, 10:03:56 AM
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I preffer just holding Bitcoin. There is no reason to hold any other coin for me because I dont know places accepting altcoins anyway, so if the demand for altcoins stop I dont want be left with useless altcoins
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1309
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Other / Beginners & Help / Re: Do you think any of the other "alt" currencies will overtake bitcoin?
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on: December 17, 2013, 12:37:39 AM
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Something that scales to millions of transactions per second and has easy/cheap transfers of vending-machine size transactions is gonna win. But whatever it is (and it might even be a redesign of Bitcoin), it won't work exactly like Bitcoin works now.
millions of transactions per second is 100.000x more than Bitcoin can handle with 1 MB block. Bitcoin is store of value instead, like gold Maybe the Core team should improve that to allow many more per block. All what is need is increasing block size, so one line change I guess No, why not make everything more efficient rather than increasing the block size. That would be better than using the lazy way to fix it. But you cant compress the transactions much, it is almost like recompressing the same file again |
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1310
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Economy / Speculation / Re: Balls of steel
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on: December 17, 2013, 12:33:14 AM
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Maybe oportunity to buy cheap coins for those having USD available at exchange right now. I wouldnt risk seling now because this news is not so bad.
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1311
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Other / Beginners & Help / Re: Do you think any of the other "alt" currencies will overtake bitcoin?
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on: December 17, 2013, 12:29:27 AM
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Something that scales to millions of transactions per second and has easy/cheap transfers of vending-machine size transactions is gonna win. But whatever it is (and it might even be a redesign of Bitcoin), it won't work exactly like Bitcoin works now.
millions of transactions per second is 100.000x more than Bitcoin can handle with 1 MB block. Bitcoin is store of value instead, like gold Maybe the Core team should improve that to allow many more per block. All what is need is increasing block size, so one line change I guess |
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1312
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Other / Beginners & Help / Re: Do you think any of the other "alt" currencies will overtake bitcoin?
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on: December 17, 2013, 12:22:56 AM
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Something that scales to millions of transactions per second and has easy/cheap transfers of vending-machine size transactions is gonna win. But whatever it is (and it might even be a redesign of Bitcoin), it won't work exactly like Bitcoin works now.
millions of transactions per second is 100.000x more than Bitcoin can handle with 1 MB block. Bitcoin is store of value instead, like gold |
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1314
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Other / Beginners & Help / Re: Coin Difficulty
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on: December 12, 2013, 11:11:34 PM
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Difficulties for some of these coins change by the minute, this is not something advertised on most of the coin's websites.
Is there a command or formula (block x total hash for example) to determine the current difficulty for a given coin?
qt wallets of altcoins shows current difficulty, or use command getdifficulty It returns the proof-of-work difficulty as a multiple of the minimum difficulty |
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1316
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Other / Beginners & Help / Re: Coin Difficulty
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on: December 12, 2013, 11:04:11 PM
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How do you determine a coin's difficulty? Is there a way to use cgminer with the wallet to figure this out?
The profitability websites and block explorers never seem to be accurate or up to date.
Bitcoin-qt shows current difficulty |
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1317
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Economy / Speculation / Re: Serious bitcoin price discussion. Bears only please. How far will it drop?
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on: December 12, 2013, 11:02:00 PM
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Some uber-bulls chose to ignore the 'bears only' title, again. This time it was followed by a 'please'. What does it take to keep uber-bulls out of a thread?
If the current market is going to follow EW patterns, then the very bottom has to be no higher than 495$ (Gox price).
That's because corrective wave C has to be at least as large (% wise IMO) as corrective wave A.
If the market will behave like in April, then the very bottom could be in the 250$ - 300$ range.
But the bottom depends heavily on how many coins will be panic sold when most of the market understands that it's a bear market.
And that's impossible to predict IMO, could be 50K more or 150K more, with hugely different outcomes.
I really was not bullish until now. But based on my previous observations on this forum, price usually goes up when Tzupy appears and say that we are in the bear market. This indicator works surely better than EW. Yup, he knows wall street will get involved soon I guess, last chance for cheap Bitcoin Ladies and Gentleman |
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1318
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Economy / Speculation / Re: $100 coming next week
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on: December 08, 2013, 02:29:28 PM
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Panic sells ended, I dont see how $100 could be reached, you would need to dump a lot of cheap coins, too much risk for whale
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1320
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Other / Beginners & Help / Re: Invest in btc or ltc?
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on: December 08, 2013, 02:10:51 PM
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I am no expert but isn't LTC value dependent on the performance of BTC? Let's say BTC value drops to $0 would LTC value be the same?
Dropping BTC value to $0 would probably only happen if cryptocurrencies use is unlawfull, so all coins would be affected the same |
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