Bitcoin Forum
May 13, 2024, 09:56:40 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 »
61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Asset Token: Worlds First Transferable Rewards Point Token on: October 12, 2017, 08:12:27 PM
Exciting project! I would rather get my credit card rewards points as crypto any day. And if the price of cryptos goes up like it has, my money will be worth more than it was.

Good idea Smiley

Question: Will this work with points you can earn at gas stations and grocery store? It would be really cool if this did.
62  Economy / Service Discussion / Re: Bittrex will support BCC - All BTC holders will get BCC on: July 31, 2017, 11:29:20 PM
Yes they belong the ones who believe BCC can be big so they reward people choosing. But I still think that BCC won't replace bitcoin in just a day. It will never really. It is just another alternative for now and who knows where it goes? We will see after many months.

I finally decided, i'm parking my coins on Bittrex, and letting them handle all this splitting nonsense. i feel like everyone is going to liquidate, and Bittrex is a pretty popular market, so its going to be better than fighting the crowd to get to the exchange. I dont see any reason why Bittrex would rip us off, they have been really solid for a while now (unlike BTCE, Liqui.io, or Poloniex). Its not quite as safe as holding my own keys, by a long shot, but I cant manage the opportunity cost of mot being ready to trade, the moment I can.
63  Bitcoin / Bitcoin Discussion / Re: On 1st of August, does Bitcoin gonna be faster? and lower fee's? on: July 31, 2017, 10:44:06 PM
I would expect a lot of congestion from traders moving their coins around. It will be worse for the BCH dumpers because there will be so few blocks, more then offsetting the 8 MB block size. But both chains will be congested for a while.

You are one of the first people i have seen that has mentioned this, it seems obvious but no one has addressed this. If you keep your coins in a wallet off an exchange (recommended method), you will have to quickly figure out how to split the coins/ spend on the new chain, along with everyone else that will be stuffing transactions down the network. Once you get to an exchange (confirmations are going to be interesting) its a race to the order book to sell the coins.

But if you leave them on an exchange that offers 1:1 (not recommended) you run the risk if not actually owning your coins, but skip all the traffic.

Huh this is actually a difficult choice.
64  Bitcoin / Bitcoin Discussion / Re: Get your ski mask on because tomorrow is going to be a robbery on: July 31, 2017, 09:11:38 PM
August 1st is finally here. I hope everyone has their full nodes ready with all their bitcoins there. Time to dump all of our BCC for more free BTC. Easiest trade ever.

A reminder to get all of your coins off from exchanges and into your full nodes.

If you aren't running a full node, then put it in a paper wallet or something.

Just be ready to dump BitmainCoin, time to get some free chips.

How is this free? You've either bought BCC (which cost you something), expect it to get pumped up and then you'll sell on the quick rise. Is that correct?

The concept of "you'll have an equal amount of BCC coins and BTC coins" does not mean you have double the number of coins. It means you'll be able to claim BCC OR BTC, not both. And your private keys are the source of record, they are interchangeable in both wallets. Once you claim your BCC you will now have an equal amount less available in BTC, and vice versa.

There's nothing free about this, especially if you think BCC is going to fail.

The only "lottery-like" win here is elect to take BCC immediately and the conversion is something like 1BTC:1000BCC and then  BCC takes off days, weeks, or months after.

Read this first because your entire post is like people love to say around here - FUD

https://medium.com/@jimmysong/bitcoin-cash-what-you-need-to-know-c25df28995cf

thank you for that, I was wondering what exchanges were going to credit equivalent balances. I have a question: how are we supposed to actually split the coins? Is it as easy as importing your private key into a BCC wallet, and spending, or is there something special we are going to have to do to soend both balances?

I am opting for one of the exchanges, just to avoid the headache. And I really dont believe in exchanges Sad
65  Bitcoin / Legal / Re: What Does the SEC Report Imply for the Crypto Community? on: July 31, 2017, 08:56:04 PM
The SEC of all things probably just wants people to NOT CONTACT THEM over ICO's. It's like they've made a public warning that they will consider action if turd monkeys start barking up their tree and costing them money.

and we get people that want to test the shit immediately:
http://benja.co/blog/2017/7/31/release-benjacoin-ico-event-a-pre-order-not-fundraise

Quote
SAN FRANCISCO, CA - Benja, the merchandise ad network, shared a letter to the U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance as part of its continued mission to work with the SEC ahead of its Initial Coin Offering event.

The letter offers details of the benjaCoin offering, purpose, and goals. It provides documentation to support the fact that the sale of benjaCoin is a pre-order of future Benja inventory, and that the token is not a security in any way.

"We were thrilled with the response to my post in Hacker Noon last week (The SEC Called About Our ICO, I Answered). Near the end of the post, I promised to submit a letter to the SEC that would document, in detail, what steps we're taking to provide clarity about the purpose of benjaCoin.

*facepalm*

I think the SEC would allow the ICOs already in place, to at least finish. If you already planned and scheduled, you are most likely fine. Otherwise, they would have sent cease and desist letters instead of making a guidance. You figure they would only be able to enforce the rules against companies that offer these after the announcement, so essentially from now, people should be careful with starting these. We have been warned, its fair game now.

66  Economy / Service Announcements / Re: The OFFICIAL Bitcoin Fork Monitor Thread on: July 31, 2017, 08:47:03 PM
Thanks for the info.  I'll be keeping an eye on that this evening.

I always said that I didn't like drama in my life, but this is fun Smiley


Ive been popcorn since I woke up this morning. We have a bet(friend) going; if the market moves more than 50% from the average price right before the fork, within 4 hours of Coinbase reopening trading. I just know its going to mini crash. I can feel it in my bones.

With that being said, I'm holding bitcoin waiting to see how this all shakes out.

"The Great Fork of 2017"  Grin Wink

67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] bitJob: Decentralized Student Marketplace for Online Jobs | Crowdsale Soon on: July 29, 2017, 05:38:46 PM
Good day everyone,


The first official bitJob AMA (Ask Me Anything) is staring in 5 minutes in the bitJob Slack channel. This is the absolute best place to get information on the project and speak directly with all of the founders. The pre-sale begins August 2nd so make sure you join and take part!


https://t.co/vDnktoIgpa


Thy seem to have a solid business plan, and the platform seems pretty planned out/already in place. I also like that they offer the option of getting paid in fait or crypto. Crypto is really new still in my opinion, and using PayPal (something every college kid has) makes this an app most people can use.

And the team seems like real people, for once. I never understand how people can fund anon projects; its literally like giving money to a stranger. Who does that?

I like the investbox style feature on the platform; thats a pretty decent rate of return, and if people lock tokens they wont sell them, keeping the price stable.

I might throw a few ETH at this.  Grin
68  Bitcoin / Bitcoin Discussion / Re: How many of you are moving all of your btc off coinbase? on: July 27, 2017, 10:26:58 PM
It will probably take even longer as the 30th approaches so if you're moving coins off of there I'd recommend doing it ASAP.

I've already moved mine out - that's very good advice.

It's pretty stupid to keep Bitcoin on an exchange right now, especially with all the hacks and goings-on as of late. although most exchanges have given forewarning about how they will handle the fork, if there is some maintenance issue your coins could be locked on the platform and you might miss out on the forks. Everyone has horrible support, so it is something to avoid at all costs if you can.

with as much money as exchanges make I don't want to give them my free BitcoinABC and BitcoinCash.

besides, your coins aren't truly safe unless they are under your control Smiley

69  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: July 27, 2017, 10:14:19 PM
Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes bitcoin is not a valid money but it is not the most expensive but the most expensive.
If bitcoin is a currency then bitcoin can be the currency of a country.
Yes I agree with your opinion, bitcoin currently can not for that, because the strongest currency is still held by Usd because of its enormous impact on the economy, small hopes bitcoin can compete, bitcoin is now known to many people but in terms of bitcoin prices tends not So stable and rapidly changing, maybe bitcoin is not the strongest currency in the world but the strongest currency in crypto, and bitcoin can be a benchmark price among other coin coins, to be number one in the world is clearly impossible,
USD is the strongest currency of the world and it is recognized internationally but you have noticed that the journey of USD to become the strongest currency is very long it has got the position of king currency after centuries not after years. Just in 8 years of his life, bitcoin has got immense popularity. I think bitcoin is going very fast than USD getting the position of king currency.

The United States dollar is backed by the full faith of the United States government and its military. you just can't match that with Bitcoin Wink unless miners are about to buy tanks, guns and missles, this is simply not that. We are talking about a government fiat, not a social experiment like bitcoin.

the United States dollar is also backed by the work product and infrastructure of the American people. Trillions of dollars of capitalization. Bitcoin's market cap is big, but nothing like USD markets. USD is the currency of the world.
70  Economy / Speculation / Re: WHEN will BTC rise again and WHY? on: July 27, 2017, 09:30:31 PM
I think now we may have to wait the end of August and September. When the storm will be over and the thing more clear. there are still many people confused with the current situation and don't even understand what is this and that and why. Keep calm and bitcoin Cool

I can't predict the future, but I can predict it will go one of two ways.  In scenario A, the favorite fork of Bitcoin go to 3000 again, while the less favored forks will dip a bit but keep the price they debuted at. In scenario B, everything goes down for the short term. If/when we fork, I think a lot of people will lose confidence in bitcoin, especially the newer people like myself.

Honestly I'm thinking scenario B is more likely, we are coming out of a bubble and I don't think the markets are done correcting yet.
71  Other / Politics & Society / Re: Will President Trump build the wall? on: July 27, 2017, 09:23:03 PM
From what I figure, some parts of the wall will be built in strategic areas. Seems like building a whole wall from end to end is a waste. Probably easier to dig a lot of it out and make it into wide streams of water and have cameeras setup to see.

lot harder to oe quiet swimming through water and sneaking through water. Probably a few hundreds miles of wall will be built and more security ramped up

This is a pretty good idea! I think they were talking about using natural water features to help save money by reducing the total amount of wall. I never considered making the water features from scratch   Shocked It would be a lot cheaper long term to dig a bunch of trenches than to build stuff out of concrete and metal, and it won't disrupt the environment as much. Also, if we ever need to change anything, it's easy to dig more holes, than tear down old wall and rebuild.
72  Other / Politics & Society / Re: Would you eat a human? on: July 27, 2017, 09:11:56 PM
Definitely not.
Its not humane

I can tell a lot of these posters have never truly been hungry before.

I have seen people eat out of dumpsters they were so hungry, people that would steal food just to make sure their kids eat. If we are talking about eating a dead person on a mountain or something to stay alive, I don't think most people would have a choice. Your morals would go out of the window and your body would force you to eat.

The will to stay alive is so much stronger than conditioning from society
73  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 27, 2017, 08:50:30 PM
volatility of bitcoin cannot be controlled because bitcoin is a decentralized currency and the market is not that stable when it comes on buy and sell . you can't predict what's on the mind of big whales that's why bitcoin wouldn't be stable some how. bitcoin is now is not made to be like that but somehow bitcoin and us user adapt it from the bottom of our heart we didn't know that bitcoin could actually grow like the price right now. im glad that i have enough knowledge on bitcoin.
Volatility of bitcoin is very difficult to be controlled because bitcoin is not in approach of someone. But I think may be it come into control after some era because technology based knowledge has not been ended. You are right that prediction about this very is also very confused. But currently it is looking very much clear that volatility of bitcoin is difficult to be controlled at the same time it is highly beneficial to lots of people who engage into trading.

The volatility situation with Bitcoin will not improve until we have more mature investors in the space. the fact is that it's mostly kids trading these assets, or novice investors that aren't trained, and it shows. You don't see this much volatility with gold or most stocks: that is because those are institutional investors. They went to school to trade, and it makes a difference.  until the general level of education amongst traders improves, this will be a feature of the Bitcoin price and most other cryptos. Uncertainty.
74  Alternate cryptocurrencies / Announcements (Altcoins) / Ziber just pulled a bullshit. on: July 27, 2017, 04:40:19 PM
Do you guys think that the website has been hacked and the new address is an incorrect one?


If their website was hacked, then the owner address private key for the crowdfund contract was found on the same instance, as the contract was killed by owner.


i wouldn't send ether to that address, they've already fooled me once with the contract, lol.



Maybe the owner realized that the website got hacked and killed the contract so that the hacker cannot access it! just hoping for the best here  Undecided

I  didn't send any money to this, I was actually convinced until they attacked Gleb with all that crazy pseudo doxxing stuff. Too unprofessional for a major outfit like they claimed. I hope you get your money back, but let's consider that as responsive as the Ziber guy was before the ICO, now it's live, he is radio silent. the address has changed on the official site to a non contract address. If this is still legit, then they are handling it poorly by not communicating. But the signs are saying this is not good Sad

And as I type this, Ziber responds and locks the thread with this:

Quote
We offer our deepest apologies to all...
Ziber smart contract was hacked and all fund from 0xf0a924661b0263e5ce12756d07f45b8668c53380 was hijacked.

Hijacker wallet addresses:
https://etherscan.io/address/0x4423b4d5174dd6fca701c053bf48faeaaaee59f0
https://etherscan.io/address/0x24fd453dfb00181a3411c635127fe7e85ad0bcba

https://etherscan.io/address/0xf0a924661b0263e5ce12756d07f45b8668c53380#internaltx

1) The developer of the contract is to blame. His contacts:
Telegram: +7 968 455 52 78
site: smartcontracteam.com
email: dev@smartcontracteam.com

Here is vuln details:
https://github.com/ZiberLTD/contracts/blob/308afe70aac3ab2c91d85855759fb4a786b8d562/smartcontract_dev/common/ownership/Ownable.sol#L1-L22

https://blog.neufund.org/basic-contracts-owned-terminable-b2aca628d435

2) All hijacked ETH will be returned from 10% of the smart contrac team.

So I'm thinking this might have been premeditated, but I don't want to jump to conclusions. This looks absolutely terrible, though.

Wonder how long it will take investors to get refunded, and they are dead in the water as far as this ICO is concerned, no one will fund this now. The product actually worked, that's what I don't get. Even though this is really, really improbable, this actually seems like a series of unfortunate events. I don't believe in coincidence though, especially when money is concerned.
75  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [Exchange] Liqui - trade and earn 24 APR on BTC, ETH on: July 27, 2017, 03:41:00 PM
Tried to reach your support in the chat on the website but unsuccessfully for a while.
I'm having issue with the trade/order history in the website, I want to know what was the price of X coin when I made a particular trade.
It shows only a blank website. Available only last 30 trades for each pair. but the page is all clean.

I haven't tried these guys yet but I don't know if I will now  Sad if they can't answer a support ticket in at least 3 days then they don't deserve my money.  The other poster is going on 2 weeks now  Shocked  Huh No support = broken platform if you ask me. what happens if I get a stuck withdrawal? if I can't depend on them to even answer a ticket period, then what's the point of using the exchange in the first place?
76  Economy / Economics / Re: Explain on: July 27, 2017, 02:33:55 AM
One simple reason to favour bitcoin above gold. Gold can be premined promises to pay.

Bitcoin cannot be made into a scheme of selling something that you do not posses. Either you are on a blockchain by someone giving you tokens on a transaction, or you do not have bitcoins. Well... unless you are a miner that is, but miner owned btcs are in a fixed number.

That is why the gold price has been kept low, because of selling the unexistant gold. On the other hand bitcoin price is not so easy to downgrade.


But at least you can physically hold gold. And it has usefulness out side of being valuable. You need it for electronics and art, and all gasoline engines need a little bit of gold to be efficient.

Bitcoin is just information. You can't hold it, and it's not useful for anything outside being a store of value. And you can scam someone with bitcoin just as easy as you can scam someone with  precious metals. Just look at the Scam section of the forum Grin
77  Bitcoin / Bitcoin Discussion / Re: Mt. Gox coins laundered through BTC-e (Breaking details) on: July 27, 2017, 02:18:08 AM
Depositing funds stolen from Mt. Gox right back into gox, now that's a rather bold move.

 I agree. This report tends to exonerate Mark Karpeles of the thefts, but also reinforces my perception of him as clueless as to what was going on in his own operation.
He did his part. Karpeles was using money deposited on GOX to finance his expensive lifestyle, renting apartments, hookers, and such. Let's not make a saint out of him.
I believe he wasn't clueless, but ignorant. He thought his system is secure and never bothered to monitor the balances. Also, he didn't give his employees access to cold storage, so nobody could check how much they actually have and compare to API balances.

So giving his employees access to the cold storage would make significant difference, no? Karpeles is a dick, sure. He is ignorant of what is going on inside his exchange ergo the supposed "hack" of Gox. But handling out control over the cold storage to his employees would have been a dumb move since he would have handed the money up for grabs to some other people with their motives unknown to him.

This is what I'm saying, he had to at least be complicit in the theft, at least according to these latest details. If they emptied out massive amounts of bitcoin multiple times (that's what I got from the report), how did they not see this, and why did they keep using the compromised wallets? Especially of the case of coins going straight from GOX to BTCE and sitting, there has to be a link in all this, or both platforms were so negligent that it was criminal Sad
78  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: South Korea’s Largest Ethereum Exchange Was Hacked on: July 06, 2017, 02:56:13 PM
Pay attention to your ETH, guys! Look what happened to South Korea.
https://motherboard.vice.com/en_us/article/bjxnjw/south-koreas-largest-ethereum-exchange-was-hacked


And this is why you never use exchanges as wallets. If you have to trade, you can't avoid the risks of depositing to an 'outside wallet', but you can't trade with a zero balance either Sad they need to make a decentralized exchange thats easier to use than EtherDelta, it's confusing to me. Something like IndieSquare maybe, you can place orders within the same app as the wallet. It should be even easier on the ETH blockchain, counterparty is kind of suck because of the state of bitcoin.
79  Economy / Speculation / Re: Next Milestone for bitcoin?? on: July 05, 2017, 03:38:11 AM
The next milestone for bitcoin, in my opinion, is scaling. It's too slow at the moment, and there aren't a while lot of people using bitcoin that much. If we had as many people using the  Bitcoin network as say, PayPal, it would be completely unusable. Until we scale, everything else is moot; layers, new functionality and updates are useless on a product that essentially doesn't work.

Bitcoin has lost two of its main advantages, speed and low transaction fees. It's either time to fix it, or time to pick a new leader.
80  Bitcoin / Bitcoin Discussion / Re: Things to think about NOW, before the next bitcoin bubble. 💥💹🔜 on: July 05, 2017, 01:51:05 AM
This should be a sticky Smiley this is great Cheesy

To me, investing in Bitcoin or Ethereum now is like buying a lottery ticket. The same rules would apply if you hit the jackpot; you need somewhere to store your wealth, the ability to resist the hordes of beggars that will come your way, and a purpose in life so you don't squander your new found wealth. But while lottery tickets have no resale value, bitcoins and altcoins are good as cash, if you can convert them.

If you would every buy a lottery ticket, buy some bitcoin. You have much, much better chances to make a return on investment.
Pages: « 1 2 3 [4] 5 6 7 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!