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101
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Bitcoin / Bitcoin Discussion / Re: What's the point of instant exchanges for users?
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on: July 14, 2015, 01:42:41 PM
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Keep in mind that most of this companies just want to take advantage of the potential buying from the bitcoin users has they operate in fiat they do not hold any bitcoin what so ever, thats why some companies use this type of exchange service.
sample Overstock keeps only 10% of the bitcoin that come in from bitcoin sales.
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102
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Bitcoin / Bitcoin Discussion / Re: Are we stress testing again?
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on: July 14, 2015, 02:31:24 AM
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New Bitcoin-core v0.11 released here. It will take people time to update, but it will interesting to see if we will see gradual improvements quite early. Also comfortable that they are working on a more robust solution. Moving to the new bitcoin core release, I'll be testing to see how great are this improvements on .011 most likely a new update would be out pretty soon. |
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104
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Bitcoin / Bitcoin Discussion / Re: BTC needs the trust of masses
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on: July 13, 2015, 11:30:55 PM
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To gain trust as a single idea it would be pretty hard, the key players on the trust issues would be the companies working with bitcoin. not bitcoin it self just because is the monetary tool we use to trade, buy or sell with.
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106
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Economy / Economics / Re: Big Exchange Manipulation ???
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on: July 13, 2015, 07:17:09 PM
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yes, if there is one thing you can be certain of with btc: when there is a FAST pump, expect a FAST dump. everyone should have seen it coming.
Yea is most likely this is going to keep on happening for a long time to come, if stock brokers go crazy with a 2% fall with bitcoin is just nuts lmao, let i was only able to sell a little at 308 so is a little gain now to find a good entry around 270 or so. |
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108
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Economy / Economics / Re: Can bitcoin really save Greece?
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on: July 13, 2015, 06:39:33 PM
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So i have an idea in how we could help Greece, what if we put all the Greece bail out payouts in the blockchain, is most likely we could help out save the bad government spending by using the blockchain for something that the greece people will always have access to.
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109
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Economy / Economics / Re: Is bitcoin dead?
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on: July 13, 2015, 06:37:02 PM
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watch now all the articles and new bitcoin falls 25% after Greece bail out, bitcoin cant hold 300 mark, is bitcoin soon to be dead ? media is just funny, i guess any media coverage is better then no coverage.
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110
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Economy / Economics / Re: Why is the Chinese mentality so risky?
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on: July 13, 2015, 06:34:18 PM
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Could we say that Chinese have a well know to like gambling and taking risk with odds and anything they could find a potential on.
There is always a Chinese man making moves in markets and big bold bets some of them a really good at what they do so i guess the others just follow.
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112
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Economy / Economics / Re: Greek crisis
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on: July 13, 2015, 05:59:20 PM
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banks are still close in till Thursday now it makes me think how long would the bail out money will last for the Greece government, the bail out is not for the people is for the poor economy the government has put is people in, i bet a lot of people are going to withdraw their money from the bank and get the hell out of Greece.
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114
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Economy / Service Announcements / Re: BitPhone has arrived!
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on: July 13, 2015, 05:34:59 PM
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Nice website, i enjoy to see services like this that are of every day usage, have you guys thought about adding shapeshift.io for altcoin payments it would give it a little more boost when it comes to usage from the crypto enthusiast .
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115
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Bitcoin / Bitcoin Discussion / Re: Current transaction volume --- who/what's behind it
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on: July 13, 2015, 05:26:44 PM
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Are you guys sure it's not another stress test.
I remember the previous ones didn't go as planned and at the time they were announce they would be.
So maybe it's another stress test.
Btw, I am seing 16K unconfirmed transactions (at the time of writing this) on blockchain.info
I dont think anyone is willing to burn that kind of money just to "test" the network. The networks behavior was pretty clear during the first tests. There was a LTC pump and dump recently and now BTC crashed from 300. This might not be related to the attack though. This dwarfs the first stress tests and is significantly longer in duration. My node currently sees somewhere between 42k and 60k unconfirmed TX. My node at home is running 0.11. and witnessed ~27k TX (~80MB) over night. I did however change it to accept any fee (as low as 1 satoshi) and plenty of free TX in order to make sure I get all of the spam. Blockchain.info however modified their nodes to not accept most of the spam TX, which would explain why they show such a "low" number.  Thanks for thet chart, Sho, it shows quite clearly that whatever is going on is orders of magnitude larger than what happened on 23/6 and 1/7. Now I'm just wondering who is doing it and how long they can keep it up. May i ask where did you get that chart from, thank for it also i havent been able to find something like that to see a 30 day perceptive of the transaction volume progress, I do also wonder how long would they or he could keep up that high volume of transactions is most likely to be a large operator to run that type of volume. |
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118
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Economy / Service Discussion / Re: which is best site for accept payment with Bitcoin?
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on: July 13, 2015, 05:09:51 PM
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Shapeshift.io has one, and with you can accept loads of altcoins for purchases and they will convert it to Bitcoin. Don't know what their fees or mark-ups are like though.
You have to check the altcoin list shapeshift.io has added because they dont have every altcoin out there, most likely the ones that have good buying support. |
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120
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Economy / Service Discussion / Re: Should i change my wallet?
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on: July 13, 2015, 04:58:55 PM
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Please do have in mind that never relay on one wallet, you need to always have a at lease 2 that you use and try to keep on offline just to be more secure, if you want to keep using blockchain.infos wallet is fine but try to keep your bitcoin off a web interface anything could happen.
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