Bitcoin's going to crash if the blocksize isn't raised.
No, we are just gonna see a lot less dust txs. |
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The development plan seems to promise so much that is almost unbelievable given that in crypto a lot of the things we are dealing with are compromises: If you fix something, you break something else (make it operate in a non-optimal way). If even half of what is promised can be delivered without compromising security, decentralization, etc, it'll be great.
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I £^%$%$ am! That shit creeps in anywhere it can find the slightest opening and the exchanges are so wide open to it the make a barn door look small. I'd love to give cryptsy the benefit of the doubt but if they had full reserves there's be absolutely no issue with withdrawals, their business would suffer with these claims but delays kill confidence and they'd do everything in their power to avoid them.
The thought they might be running a fractional reserve scheme has crossed my mind. The question is, in such a scenario, what have they done with people's BTC? And, if the BTC market is oversold due to the fractional reserve practices where BTCs are "supposed" to be in cryptsy, but they have been loaned or sold to pressure price, then what does that mean for BTC's price when clients come back knocking for their BTC? Anyway... I don't like the situation with crypto exchanges at all. It's like they are regressing into worse behavior instead of eliminating problems. |
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Gold is for women and if the jewelry looks awesome its price can go much higher.
Especially for wedding rings these cost a lot but people doesn't care to much.
Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself. That's the point of these wedding rings, earning from gold as a metal (if the price is higher), And at the same time earn from its design as a jewelry. Why not earning from both ways. But it really needs luck to make this happen. That's mostly in the west btw. In India jewelry costs much closer to the actual price of the metal used. |
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Gold is for women and if the jewelry looks awesome its price can go much higher.
Especially for wedding rings these cost a lot but people doesn't care to much.
Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself. |
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If it would be taken seriously by law firms and there would be some institution standing behind of it, there might be some progress.
The revolutionary aspect of bitcoin is that it shouldn't need an institution. Institutions can be controlled, and by extension the currency/payment system would be controlled as well. |
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If you have ram-limited nodes, try zram.
In my experience, it compresses ram data in a ratio of ~3x:
zramswap-stat
compr_data_size: 79805 KiB
orig_data_size: 262328 KiB
compression-ratio: 3.28
It trades cpu for real-time comp/decompression to gain more memory without swapping.
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If wages, energy cost etc go up in proportion to gold price, then yes, it won't make a difference. I'm definitely talking about gold going up faster than energy + wages.
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There's a tremendous amount of extractable gold, waiting to be mined. It just needs the proper price levels to become economical to do so.
Right now, the amount of extractable gold is around 70,000 tonnes. There is a lot more around, especially in the ocean. But mining these deposits will be tremendously expensive, and will cost as much as $100,000 per oz. Looking at the current price ($1150 per oz), I don't think that these deposits will ever be classified as "extractable". If the price goes to 2k-3k-4k per ounce, suddenly a lot of deposits which are now non-economically viable to mine, become viable. The number goes up as the price of gold goes up. There's no gold shortage per se, even your back yard has soil with gold in it. The problem is how to economically take the gold from that soil and make it worth the effort. Right now, miners are discarding soil that has good gold in it because the price of moving and processing the dirt is high enough that it's not worth it for them. This changes as gold prices go up. |
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Even without an economic crisis, the gold price will increase. Central banks are purchasing gold like never before, and only 20-years worth of extractable gold remains to be mined out.
There's a tremendous amount of extractable gold, waiting to be mined. It just needs the proper price levels to become economical to do so. |
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The whole Dash ecosystem seems to be going through a major growth period right now with all these third party services springing up - not to mention actual retail adoption.
It doesn't matter that it's only a handful - precedent is being set.
I read in a Greek forum the other day about the first online shop for technology products that accepts BTC around here, and it is a simultaneous "first" with LTC and DASH (they accept BTC/LTC/DASH). Good stuff. |
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Hardware requirement to run a full node is increased however: mine is now using about 1 GB RAM (while meme pool size has decreased already) instead of 350 MB usually... CPU usage seems a little higher as well
Try ZRAM, it might reduce the hardware RAM required: https://en.wikipedia.org/wiki/Zram |
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But now F2Pool got in the game, they spoiled it :/
What happened? |
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No priv keys dropped for some hours now. The total number of unconfirmed transactions is still going up and down though. BTCChina and F2Pool aren't doing much to help clearing the backlog by mining non full blocks.
It seems 1mb blocks have too low fees currently, at ~0.1 to 0.3btc as an incentive for some miners to even bother with all the spam and dust. |
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Height Age Transactions Total Sent Relayed By Size (kB) 373920 4 minutes 643 2,916.16 BTC F2Pool 219.8373919 9 minutes 127 516.29 BTC F2Pool 36.25373918 10 minutes 613 2,228.98 BTC F2Pool 222.58373917 14 minutes 294 3,492.46 BTC AntPool 849.87 373916 17 minutes 348 1,386.76 BTC BitFury 974.75 373915 20 minutes 1 25.00 BTC BW.COM 0.23LOL |
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Bitcoin core-qt could use some multithreading when importing keys... it seems the "rescanning" phase only uses 1 core and thus it favors high clock frequencies (say a dual core at 4 ghz) vs an octacore xeon at 2ghz.
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Okay I want to stop right now. I want to get that fat balance (1.8965 bitcoins as of now) but I know that I just can't due to BC cannot do it for me. Electrum keeps crashing, I have Core running on a different machine and it is in my brother's right now. It's just great to see that I have gathered that much in a span of 36 minutes, though I cannot send it to my address. :v
If you could (or anyone could by that time you saw that number) you wouldn't "have" 1.8965 BTCs looking at you from your screen  |
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Cripplecoiners want to sacrifice scalability in a FUTILE effort to preserve mining anonymity. Just mine alts and trade them, Cripplecoiners. Nobody is buying your arguments that you are protecting the block chain from code bloat and centralization.
Apparently Satoshi was also a cripplecoiner for accepting the 1MB limit in light of the potential bloat attack vector...  Thing is, since it has been implemented, a solution has not been found regarding this issue. Lifting the cap simply negates the economic and technical disincentives to make Bitcoin XT => DOA, due to bloat. |
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The last couple of versions (qt 64 bit) don't work well with me. I tried 46 and 49 but still. It syncs with the blocks and then hangs at 75% of syncing the masternodes. With 46 I did a -reindex, with 49 I erased the entire data dir except the wallet, still the same.
Debug.log reached 153mb after a while, spewing
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
2015-08-27 23:49:43 CMasternodePaymentWinner::IsValid - Masternode not in the top 10 (11)
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
2015-08-27 23:49:43 CMasternodePaymentWinner::IsValid - Masternode not in the top 10 (11)
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
2015-08-27 23:49:43 CMasternodePaymentWinner::IsValid - Masternode not in the top 10 (11)
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
2015-08-27 23:49:43 CMasternodePaymentWinner::IsValid - Masternode not in the top 10 (11)
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
2015-08-27 23:49:43 CMasternodePaymentWinner::IsValid - Masternode not in the top 10 (11)
2015-08-27 23:49:43 mnw - invalid message - Masternode not in the top 10 (11)
...prior to shutting it down.
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συνεχεια ακουω για σπαμ και σπαμ. ομως τι ειναι πραγματικα το σπαμ?
Συναλλαγες ισα-ισα που πιανουν χωρο στο blockchain. αν θελω καθημερινα να στελνω απο 1$ (σε btc) σε 100 φιλανθρωπικες οργανωσεις θεωρουμαι σπαμερ?
και γιατι?
επισης αν ειμαι διατεθημενος να πληρωνω τα fees γιατι να μην μπορω να κανω οτι συναλλαγες θελω?
Αν θες να κανεις 30 εμβασματα απο 1$ καθε μερα σε 100 φιλανθρωπικες οργανωσεις, μπορεις ή τα fees θα σου βγουν πολυ περισσοτερο απο το donation? Και αυτο σε centralized τραπεζικα ιδρυματα τα οποια δεν εχουν public ledger και αρα μπορουν να κανουν πολυ καλυτερο scaling. Η διαφορα του spamming των transaction με το spamming των email, ειναι οτι το email spam το σβηνεις, ενω αυτο μενει στο blockchain ως σαβουρα που πρεπει να τη κατεβαζει και ο επομενος... ειδικα για συναλλαγες με κατι satoshi κτλ. Αν εισαι διατεθειμενος να πληρωνεις τα fees, παντα θα μπορεις να κανεις οτι συναλλαγες θελεις. Το νοημα ειναι να μη γεμιζει σαβουρα το blockchain, με χαμηλο κοστος για τον spammer/attacker, γιατι αυτο αποτελει εμμεσο κενο ασφαλειας. Ενα υπερδιογκωμενο blockchain καθισταται ενα αχρηστο blockchain οσον αφορα την αποτελεσματικη διανομη του και κατεβασμα του απο ολους, και αρα η αποκεντρωμενη φυση του bitcoin αναιρειται υπερ πιο centralized λυσεων. |
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