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1621  Economy / Digital goods / Re: Selling My Lifetime Bitcoin Mining Contract: 26.5200 TH/s on: January 20, 2016, 07:23:56 PM
And i already wanted to ask if they have an offer that automatically upgrades in order to remain the $500 per month stable. Guess that would not be possble anyway.

To interested buyers. The seller indeed lies. He claims $500 will be earned for life but in reality, if you earn $500 the first month then you will only earn, lets say $350 the next month and this will drop very fast. The reason is the difficulty that will rise.

Obviously the seller tries to scam. Except there is some other explaination for his claims.
1622  Other / Off-topic / Re: [NSFW] Nude Miley' Cyrus photo shoot (Updated) on: January 20, 2016, 11:27:25 AM
She looks like she definitely has their psychic problems to act like that. Living with her might be hellish since her emotions are out of control. Sometimes girls with traumata act that way to not let the traumata come up to the surface. Well, i judge from pictures only. Maybe not correct to do that. Tongue

But i think it happens often that child stars that had to be the brave and innocent girls all the time finally come out and want to be accepted as a girl too. Often they go too far then. There are many examples for that behaviour.
1623  Alternate cryptocurrencies / Altcoin Discussion / Re: "Bitcoin Classic" NOT a classic attempt at a hostile takeover, apparently. on: January 19, 2016, 11:37:32 PM
Here is an interesting article posted in the other thread (click the quote tag to check out the thread):

Quote
Do you ever feel like you are in a conversation with someone and they are not really telling you the whole truth?

http://codesuppository.blogspot.ca/2016/01/the-lightning-network-reality-check.html

Quote
There is one way that the Lightning Network numbers do work; and that is if individual people don't get to access the blockchain at all.  If the only ones opening and closing channels on the main blockchain are banks and wealthy individuals, everyone else can just operate on layer-2 or 3rd party networks 100% of the time.

He took the ln-calculations serious and came to the conclusion that ln only can work the way ln-devs claim when the bitcoin blocksize gets raised.
1624  Bitcoin / Bitcoin Discussion / Re: The Lightning Network Reality Check on: January 19, 2016, 11:35:39 PM

The fact of the matter is that if you limit the bitcoin network to only 1mb in size it will naturally evolve from just a few hundred thousands geeks from using it to only banks and the wealthy to be able to access it.


Didn't you get the news that this is what bitcoin should be about? A high payment network only. It was never meant as a replacement for fiat money in general. We, who want bitcoin to be useable for all are only anarchists and socialists while the elite, who knows what bitcoin was meant for in reality are the real libertarians. They are the real bitcoiners from the beginning of bitcoin and we are socialists who try to take over bitcoin now. Let's forget about satoshies wish to free the people of the power of banks. Bitcoin is to empower the rich and the banks. How could we not see his vision clearly. Roll Eyes I feel dumb now.

(I have read things like that from 1mb block fans.)
1625  Bitcoin / Bitcoin Discussion / Re: The Lightning Network Reality Check on: January 19, 2016, 11:31:09 PM
The only thing that this article really states is that lightning does not scale infinitely.
Quote
hash locked bidirectional payment channels (aka lightning) fundamentally change the limitation from transactions per second (ie bytes/second) to channels open/closed per second (i.e. active users).

but now it seems that instead of allowing freedom of choice between normal bitcoin transactions and instant offchain transactions.. it seems they want to push all users offchain and only have selective merchants using the real blockchain to make settlements.
It seems to me that people are in the delusion that somehow Lightning is not Bitcoin. There is nothing wrong with transacting off-chain, especially when the security is almost identical.

Well i guess people always will get cautious when people in power decide to not fix something and instead try to force an alternative solutions on the people. I think it's pretty normal to react that way since such a behaviour normally means that something fishy is coming with it. That has not to be the fact but the reaction on such actions are still he same.

The nearest solution will be a bitcoin solution so they will chose a bitcoin client that will promise to solve the issue.
The closest thing to a solution (that we currently have/will have) is not XT, nor BU, nor Classic but the Lightning Network.

Well, this is the bitcoin community and bitcoiners normally share the vision of bitcoin becoming a worldwide currency. Now some people in power clam we have to leave bitcoin in order to use their system and deny the way to fix the real bitcoin. The reaction is awaitable for sure.

I think the reality will simply be that not many users will switch to ln. Why should they? It took enourmous work for altcoin provider to attract a couple of users. It will not be very different for ln.
Are you seriously comparing it to an altcoin?

No. I only compare the work that has to be done to make people use the alternative payment network to the same work that has to be done to use an altcoin.

I mean you have to buy altcoins to pay with them. It's an investment. The same way you have to buy into payment channels and bind your bitcoins in the system without being able to freely move them. That's the first hurdle to overcome when it comes to convince people of using it. In fact i think it will be pretty much impossible to move a considerable amount of people to move to ln.

Quote from: Sipa
i think that's completely unwarranted; it's the same currency, and the same transactions even; they just don't instantly hit the blockchain (but are secure nonetheless)

Well, you can say that changetip is bitcoin too then. The bitcoins only are transferred offchain. And you don't see a difference why you would not trust changetip with your monthly earnings? Yes, ln is safer but still there is a group who demands you, no tries to force you to use their new system. They don't take out the artificial restriction that hinders the bitcoin network and present their own network as solution.

Guess coming from the inside doesn't make it look fishy. But i can ensure you, it looks fishy to normal bitcoiners. I see that ln has it's place in the game but i think it's place is way way more limited than the ln-fans want to believe.
1626  Other / Off-topic / Re: Best place to sell a Bitcoin related domain name 1stBitcoinBank.com on: January 19, 2016, 11:17:18 PM
I think you worry about things that are not needed at all for this domain name. This domain name is worth nothing at all and you will have a hard time to find someone paying you at least your registration fee.

Sorry to say that but you should only concern about the safety of a sale when you found a real valuable domain name.

Am I to understand you are neither interested nor have anything constructive to offer?


Well, i could have done it like any other user on here. See that you think about nonexistent problems and leave you be.

Anyway, you think i'm wrong so i will stop at this point.

Good luck with your sale.
1627  Bitcoin / Bitcoin Discussion / Re: Bitcoin fork fights hurt us all on: January 19, 2016, 11:01:12 PM
I think it is a good thing so far that it polarizes and every bitcoiner comes out to fight for what he thinks is right. Because everyone sees this as an existencial threat to bitcoin at all.

I think the solution will follow inevitable. Even with Lightning network coming out it is clear that there is no way around raising blocksize. At least as long as you don't want bitcoiners turning away from bitcoin. Before that happens they will take a client who promises to solve things.

I think that outcome is totally unavoidable since core won't change.
1628  Bitcoin / Bitcoin Discussion / Re: The Lightning Network Reality Check on: January 19, 2016, 10:31:04 PM
I think the reality will simply be that not many users will switch to ln. Why should they? It took enourmous work for altcoin provider to attract a couple of users. It will not be very different for ln.

And bitcoin itself will have problems more and more with the transactions. Bitcoiners will get angry and will search for an alternative. The nearest solution will be a bitcoin solution so they will chose a bitcoin client that will promise to solve the issue. Problem solved, bitcoiners can proceed how they know it from the past. No big learning curve.

Well i hope that such an alternative comes out soon since the problems of not freeing the protocol from it's artificial restriction will get out of hand soon.
1629  Other / Off-topic / Re: Best place to sell a Bitcoin related domain name 1stBitcoinBank.com on: January 19, 2016, 09:38:11 PM
I think you worry about things that are not needed at all for this domain name. This domain name is worth nothing at all and you will have a hard time to find someone paying you at least your registration fee.

Sorry to say that but you should only concern about the safety of a sale when you found a real valuable domain name.
1630  Alternate cryptocurrencies / Altcoin Discussion / Re: "Bitcoin Classic" NOT a classic attempt at a hostile takeover, apparently. on: January 19, 2016, 09:32:50 PM
Oh well cunt, we will be on the same side for one point finally. Cheesy

What i wonder, was that a self moderated thread? It would show pretty bad manners to open a discussion thread only to kill all different opinions. I don't see such a marker but maybe the marker vanishes when the thread is blocked?

We definitely need an alternative. And regarding dictator... when hearn would be involved ok, but gavin doesn't look that way to me. Even when he would, we could chose not to use his network when he does. The danger of him acting as a dictator is way less than with hearn on board.

Guess CIYAM did not get all the angry voices claiming that transactions take ages. All possible because of the artificially crippled bitcoin protocol.
1631  Economy / Economics / Re: Why have Bitcoin instead of cash? on: January 19, 2016, 09:20:28 PM
why you're dumping for fiat instead of use bitcoin directly to buy stuff online at least?

Though it would mean the same for most shops that accept bitcoins and use payment providers. The coins are dumped instantly so that the merchant can receive fiat.

And unfortunately it is pretty risky holding bitcoins. They are an investment. If you don't need them then ok, but if you hold your life money in it then it is risky since you can't earn one month 1000$ in bitcoin and shortly after your earnings are only 850$ now anymore. You need to secure it.

It's with all investments the same and because of the volatility of bitcoin it matches there too. Don't hold too long on investments, even more when they drop constantly. Nothing good will come from being stubborn or from believing in a wonder.

If you don't need the value the bitcoins present then ok, you would not need to secure it and hope for better prices.

ah well this is another problem, yeah, merchants should not dump also, and use directly their coins to cover their expenditure for example(utility bills other cost related to run their service)

the final point should be to create a endless cycle where bitcoin is not dumped ever, pretty much like fiat, i understand that this is maybe not possible right now, but people should do everything at their disposal to achieve this as much as possible

I did so too at one time and i lost ALOT with that mindset. It simply isn't healthy to watch the bitcoin price going down and down and down while you lose alot of money on the way.

I see where you come from but this is some kind of luxury view on the topic. If someone can afford it then it's no problem but even when you are rich and have 1Million USD in bitcoin, watching how it goes down over months more and more and doing nothing until it is worth a fraction of what it was is not a good decision. So in any case, it is something one can wish for for the future of bitcoin but as a business decision it can be very very bad.

this because not everyone is doing it, but think about it for a moment, if every bitcoin holder had done it since the beginning, no more dump could ever occur again, and the value can go in only one way, up

It is a theory without good ending for those believing in it. Since there will always be the ones that "take profit". And bitcoin price can't grow without end. Since funding is limited. Which means at some point it will stagnate and finally drop. Traders will sell first, then the sheeps follow. And believers would be named bagholders.

Sorry but it looks like the one who earn at the end are trading their bitcoins. And i think that is because of a lesson they learned. :|
1632  Economy / Services / Re: Looking to rent my signature - Hero member - 1918 posts on: January 19, 2016, 09:17:47 PM
You would be more successfull when sending pm's to the actual signature campaign providers and ask if they have a deal for you. For exceptional good posters this is practically always possible.

You should not await the campaign runners reading many new threads in here. Too few time...
1633  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: January 19, 2016, 09:12:57 PM
Funny thing about Poisson Processes: Every day you don't stake, you still have 100,000 days to go.

Here's a fun thing:

Pick a random point in time, then:

A) the average amount of time from that point to the next CLAM block is 1 minute
B) the average amount of time from that point to the previous CLAM block is also 1 minute
C) the average time between CLAM blocks is also 1 minute

Wouldn't you expect A + B = C? Yet A, B, and C are all 1 minute.

The error is in your final assertion, "Wouldn't you expect ...".  No I wouldn't expect that.  First, statements A and B don't make sense.  The average amount of time from the chosen point in time is a singular number.  You probably mean the average of a distribution of randomly chosen points.  If you do mean that then A, B and C are all saying the same thing, because the occurrence of blocks is a poisson distributed random process.  The time a block is created is as good a chosen time as any.  Thus I would expect 1 minute = 1 minute = 1 minute.

Though the way he wrote it sounds like it would be valid when watching the past of created blocks too. Or when he chose a time in the future then the blocks that are solved around these points in time, when the time went time finally, would make it correct too.

Maybe he meant it different but if that statement is only true theoretically then it might have stated.
1634  Other / Meta / Re: Connecting to BCTalk.org on: January 19, 2016, 08:52:27 PM
Yup getting this error, But its Not frequent occuring like you, It usually occure here 1-2 times a Days some time it Show 502 error, and sometime its DNS problem which is I think from my Internet provider. This DNS type of problem I usually get when Im on gambling site and some other site.

Yeah 502 is back in town.



For me it's only 503 and secured connection failed all the time. And it is not only at a hour a day. It's all the time.
1635  Alternate cryptocurrencies / Announcements (Altcoins) / Re: -=-[ SaluS (SLS)]-=- Crowdfunding is over!!! on: January 19, 2016, 08:49:53 PM
Oh, and i wanted to post that some time. SaluS is finally coming through. Tongue Cheesy

https://youtu.be/qRGuf81DAXg
1636  Economy / Services / Re: ★☆★ Xotika.TV Signature Campaign - Earn Bitcoins the sexy way! ★☆★ on: January 19, 2016, 08:25:45 PM
Hello, iam the escrow for this signature campaign and i still hold the funds (0.25 Bitcoin) from the first run of this sig campaign. You can check out my Servicethread here: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

So in order to proof that this is true here a confirmation again:

In case someone wants the signed message to get verified, then its the fastest to visit http://wallet-2sx53n.sakurity.com/#verify. Then you can proove fast if a signature, given by me or someone other, is correct and so you know that the address is controlled by the one giving the signature.

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
20160119 This is the escrow address for the signature campaign of Xotika.TV:  1GqSsq4gkUm5z8Ch6NToebSRYNipqPSP9H
-----BEGIN SIGNATURE-----
1K2UFGCKyNQNx4h2m5ZRCaw9BWHTBcCZAA
HMVxmP+IXuqN74en/Xh+myy2KUZQOm4kXSXMyBpoOVqkWTNd5RGkmkOUc88KY+Vo5b5wKHVwTGk8Y+qAXF9bJhA=
-----END BITCOIN SIGNED MESSAGE-----

Message signed with an old address of mine, that i posted may 2013 on bitcointalk. See my Servicethread: [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC.

Please inform me when you think that the funds i hold in escrow likely will not be sufficient to back the outstanding payments. Then i can ask the issuer to fund the escrow address some more.

I wish everyone great earnings and a good time advertising for this project. Smiley
1637  Economy / Economics / Re: Why have Bitcoin instead of cash? on: January 19, 2016, 05:26:39 PM
why you're dumping for fiat instead of use bitcoin directly to buy stuff online at least?

Though it would mean the same for most shops that accept bitcoins and use payment providers. The coins are dumped instantly so that the merchant can receive fiat.

And unfortunately it is pretty risky holding bitcoins. They are an investment. If you don't need them then ok, but if you hold your life money in it then it is risky since you can't earn one month 1000$ in bitcoin and shortly after your earnings are only 850$ now anymore. You need to secure it.

It's with all investments the same and because of the volatility of bitcoin it matches there too. Don't hold too long on investments, even more when they drop constantly. Nothing good will come from being stubborn or from believing in a wonder.

If you don't need the value the bitcoins present then ok, you would not need to secure it and hope for better prices.

ah well this is another problem, yeah, merchants should not dump also, and use directly their coins to cover their expenditure for example(utility bills other cost related to run their service)

the final point should be to create a endless cycle where bitcoin is not dumped ever, pretty much like fiat, i understand that this is maybe not possible right now, but people should do everything at their disposal to achieve this as much as possible

I did so too at one time and i lost ALOT with that mindset. It simply isn't healthy to watch the bitcoin price going down and down and down while you lose alot of money on the way.

I see where you come from but this is some kind of luxury view on the topic. If someone can afford it then it's no problem but even when you are rich and have 1Million USD in bitcoin, watching how it goes down over months more and more and doing nothing until it is worth a fraction of what it was is not a good decision. So in any case, it is something one can wish for for the future of bitcoin but as a business decision it can be very very bad.
1638  Economy / Exchanges / Re: Vircurex does not allow for ANY withdrawals at the moment. on: January 19, 2016, 02:34:22 PM
Just has someone said, Never keep your coin in an exchange wallet, the is just the way cryptsy started.

Yes, especially when selling bitcoins to protect against a falling bitcoin price it would be better not having stored fiat on an exchange but instead exchanging the bitcoins to nubits, then holding them in your own nubits wallet. That way you know that you have exactly $100 in your wallet, or whatever the bitcoins were worth when they were sold.
Slightly off topic,
@ SebastianJu, are trying to say that nubit offer the safest wallet, because i know that keeping your wallet on your desktop also have its own dis advantage.

In no way i say that their wallet is safer. I only say it is a high risk leaving coins or virtual fiat lying around on exchanges. They are a big target for hackers.

When you hold your wallet on your desktop then you can encrypt it, put it in file container, protect your pc, back the cointainer up on external harddiscs and in the cloud and safe your passwords in an encrypted password manager too.

I would trust that way more than an exchange that maybe even has owners with unknown identities.
1639  Alternate cryptocurrencies / Announcements (Altcoins) / Re: -=-[ SaluS (SLS)]-=- Crowdfunding is over!!! on: January 19, 2016, 02:19:42 PM
You hold noblenxt too. Good. I wait for them getting pumped too. Smiley

Looks like a good way to follow your altcoin trades, isn't it? Tongue
1640  Economy / Exchanges / Re: Vircurex does not allow for ANY withdrawals at the moment. on: January 19, 2016, 02:17:29 PM
Just has someone said, Never keep your coin in an exchange wallet, the is just the way cryptsy started.

Yes, especially when selling bitcoins to protect against a falling bitcoin price it would be better not having stored fiat on an exchange but instead exchanging the bitcoins to nubits, then holding them in your own nubits wallet. That way you know that you have exactly $100 in your wallet, or whatever the bitcoins were worth when they were sold.
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