61
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Bitcoin / Bitcoin Technical Support / Re: with a high fee, no confirmations in seven hours
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on: November 12, 2017, 08:08:35 AM
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thanks for sharing high fees and a congested network seems to be a problem right now You can watch https://fork.lol to see when Bitcoin is more profitable to mine than BCH, which will let you know when the miners will move back over, and https://core.jochen-hoenicke.de/queue/#24h to see the current status of the mempool by fee size. it is awful for both coins. so in a bit, the difficulty of BCH will become so high, that no transactions will process for, what is it, 12 hours? so essentially it is a mining pump and dump, which also harms BTC. that is, unless they believe BCH is a betetr option, in which case they should stick with it after the difficulty adjustment. alas, such forward thinking appears to not be their forté ... and this is why ASICs are and have always been bad for Bitcoin. does lukejr still disagree with me? i guess maybe he's changed his mind in the last four years ed: btw, thanks for the great link. i guess i *was* wrong earlier! or, i dunno, it would have been close, given that BCH's price was was $1000 less, and bitcoins was $400 or so higher. but they were probably in the same realm, at least. ed2: well, this BCH seems to have dropped about $500 between the time i loaded that link and finished typing this
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62
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Bitcoin / Bitcoin Technical Support / Re: Is the "network" slow today?
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on: November 11, 2017, 11:14:34 PM
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if one is concerned with making the most profit, you would stay on BTC for now, while there is 3-4 BTC fees per block. 4.64462859 BTC in the last one. perhaps the algorithms they are using in China don't account for this
Say 17 Bitcoin per block: miners earn $109k Say 12.5 Bitcoin Cash (fees are almost zero) per block: miners earn $16k 1. Result: Bitcoin blocks earn 6.8 times more than Bitcoin Cash blocks. Bitcoin had 10 blocks in the past 3 hours. Bitcoin Cash had 99 blocks in the past 3 hours. 2. Result: Bitcoin Cash has 9.9 times more blocks than Bitcoin. This means Bitcoin Cash is currently more profitable for miners, even including the fees. This is funny math. Maybe it is similar to the algorithms being used in China. If hashpower was diverted from Bitcoin Cash to Bitcoin, then Bitcoin Cash would have fewer blocks, and Bitcoin would have more blocks. How about being smart about it, and running these #'s again with earnings expected per, say, 1*TH of hashing power.
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63
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Bitcoin / Bitcoin Technical Support / Re: Is the "network" slow today?
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on: November 11, 2017, 02:11:28 PM
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2) Massive coordinated SPAM attack to shill BCH. 3) Hashpower temporarily switching to BCH in order to reap the increased profits due to the artificial pump.
yes, but these offset. if one is concerned with making the most profit, you would stay on BTC for now, while there is 3-4 BTC fees per block. 4.64462859 BTC in the last one. perhaps the algorithms they are using in China don't account for this
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64
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Economy / Exchanges / Webmoney (WMZ) Questions
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on: November 05, 2017, 05:03:50 PM
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Hi, Hopefully someone can answer this & I decided to post in this forum as search results pulled up a couple of results along similar lines (like https://bitcointalk.org/index.php?topic=1955031.0 ).. So, the situation is this; I can't create a Webmoney WMZ account, as it denies all US phone #'s. Yandex wallet is same. Now, first question; if I had someone else create an account for me, what sort of things can one do with this mobile #? Presumably if this person that set up the account for me was not 100% trusted, then I'd never be able to 'fully secure' the account? re; they could use this phone # used while registering to claim they have forgotten PW or something similar. Second question; if I somehow managed to get an account created on Webmoney, is it possible to fund this via Entropay? Presumably paypal and US based credit cards would be denied, but what about European based CC? .... purpose: There is many things on various lequeshops (lequeshop.ru) that I would like to buy. Unfortunately, base payment options on these Lequeshops is just Webmoney and QIWI. QIWI has same problem as yandex wallet and Webmoney -- phone number is denied. Example of one of the sites - http://lastkey.ru --- this place has a few hundred $ worth of stuff I'd like, but guy ignores requests to use bitcoin (I was able to buy about $1200 worth of stuff on steamfarmkey.ru w/ bitcoin, but they don't always have same stuff ) short form & more concise request;Is anyone offering some service/currency transfer here that would somehow be able to get me money in a QIWI or Webmoney account? I could pay for a balance via bitcoins.
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65
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Bitcoin / Development & Technical Discussion / Re: Bitcoin transaction time
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on: August 25, 2017, 04:23:19 AM
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What you're suggesting is pretty much the goal of BCH and many altcoins that already exist. If you aren't happy with the state of Bitcoin then abandon it and move to an altcoin. That will speak much larger volumes than just a post that the devs and most of the community will ignore. Core devs and followers will never accept these changes, many of the core devs actually want to decrease block size (which would make transaction times even slower).
Sure, that could be true. It still answers his question.
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69
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Bitcoin / Development & Technical Discussion / Re: Bitcoin transaction time
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on: August 25, 2017, 01:01:43 AM
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86 hours and counting to send $400 with .40 fee from my blockchain wallet to coinbase
still 0 confirmations , anyone else experiencing long wait times?
wtf is going on?
I'm hearing a bunch of noise out there about congestion , segwits , forks , bitcoin cash coins wtf
it's simple https://blockchain.info/block/000000000000000000c3a0457533235d504f13750e334addd858dd7b7ce5cb17outside of some priority transaction or miner preference, this block, if you had a fee higher than 384.43 sat/B, you would have been in it. and if you look in this block, yo u'll see someone spending several thousand dollars to make some 100KB transactions that move about 1 bitcoin at the cost of 0.3. ...... and perhaps at some point, these places like Antpool, will come to the realization that while it's great to get an extra $20k out of a $50k block, in the long run, this is going to be detrimental, here is one : https://blockchain.info/address/13khWZhS5wv7a5tCdTmtJtRmvwouK67NciIt's honestly not the fault of Bitcoin if you didn't bother to check the average fee using one of the sites or at the very least use a reliable client. You can't push the blame to Bitcoin protocol if the reason your transaction isn't being confirmed is because of it. Honestly, at that time, the fees were at the 300 sat/b range. let's be honest now, the more important thing here is how intelligent this person is with the address 13khWZhS5wv7a5tCdTmtJtRmvwouK67Nci (or persons, I don't mess around much w/ bitcoin anymore, so haven't studied this situation in depth)... presumably, the goal would be to push the transaction fee up while having as few of your transactions included as possible, and continue to gradually increase it like this. to exit, drain this balance entirely w/ a final transaction & a large enough fee that you know it will be included in next block. it's not like we're talking about tens of millions here... though i wish they'd just send me $10k instead. i think I could do it more efficiently ... & feel free to correct me if I'm wrong here ed: do any mining pools even keep these transaction prioritizations anymore? ed2: it also becomes a problem if these handful off conglomerates with the ASICs decide to either stop mining, or mine something else. Mentioning this some 4 or 5 years ago brought me nothing but grief though... you know, because more hashpower means the chain is more secure!.... vs these bastard hobbyists and their graphics cards. god forbid another Haicheng that knocks everything offline for an extended period of time (like, say, right after a difficulty refactor)
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71
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Bitcoin / Bitcoin Technical Support / Re: Please Help Out A N00B
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on: May 31, 2017, 02:22:44 AM
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Hi All,
I'll be brief:
Version 0.14.1 64 bit OS: Windows 10 Specs: Core i7, 6 GB Ram, using external USB 3.0 HD for block chain save. No room on internal SSD for entire chain.
Problem: The damn sync is downloading at 0.05% per hour. I already made my original bitcoin purchase and at this rate I won't be able to spend it for around half a year. It's apparently too late to decide to use a "lightweight" wallet because I've already made a transaction using an address number that was generated in Bitcoin Core.
Please... PLEASE help! I'm not a techy person, but I thought I followed the instructions for a brand new bitcoin user very well. I just need to speed up this 120 GB download.
Ugh.. I don't even know how to put a screenshot in here... I don't know how to use HTML.
dunno how fast that USB 3.0 drive is, but HDD speed (and CPU) are the major chokes on how fast it syncs, assuming you have enough bandwidth. Didn't say when this 0.05% per hour started, but if you have an 'average' system, it should be super fast to 40-50% (maybe 20-30% now, been half a year since I did a full sync), the middle portions uses huge bandwidth, and the last quarter or a third it'll churn that cpu and hdd. i have an i7-980x, and don't have major issues with speed.. if bandwidth/internet connection (packetloss) are eliminated, would be almost positive it's that USB 3.0 (since you mention your internal SSD, I guess this USB 3.0 isn't SSD ) ... I've never used Electrum or any of these lite clients.. does it not use the same wallet file?
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72
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Bitcoin / Development & Technical Discussion / Re: What we can do to confirm transactions faster?
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on: March 06, 2017, 05:35:20 PM
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I wish blockchain.info told you the size of your transaction prior to sending. It is currently not possible to tell how large your transaction is (as far as I know) for the purpose of estimating or calculating the fee you should attach. The suggested amount it uses doesn't provide the basis for the calculation either.
your post made me check the whole 'suggested fee' thing. I am using (windows client) v0.12.1 and it suggests 0.00446029 BTC/kb per transaction for 'estimated to begin within 25 blocks'. This was about a minute after block 456032, dunno how fluid that is and how often it changes. The 0.00446029 being a bit bizarre since it's quite a bit above the 0.0020604~ that was paid for the cheapest transaction in 456032. Cheapest in 456033 is 0.0015821. Oh, it did just change. Now it's 0.0045942. Anyway, I sent transaction @ 0.0016001 and it did take 3 blocks to confirm, probably should have looked a bit longer, re; I based the price on block 456030 which was block #4 in a 10m period or so. Transaction size -- the windows clients reports the total fee calculation and then you're given the option of sending or not, or at least it does with the custom setting per kilobyte. Unsure if suggested setting does, as I've never used that.
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73
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Bitcoin / Bitcoin Technical Support / Re: New computer
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on: February 28, 2017, 09:53:00 PM
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I would do these steps but instead of just copying wallet.dat I would copy the entire bitcoin folder and put it on your new computer. I think you'll need at least a 32Gb memory stick to do this.
This will save you days of syncing.
this. don't make it more complicated than it is. just copy your entire folder over.
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75
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Bitcoin / Project Development / Re: CS:GO Bitcoin Key Bot
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on: January 21, 2017, 09:35:48 AM
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Hey,
I am going start doing some tests on the bot. Bot will be ready soon probably, what you guys think the price should be for each copy?
Regards
You'd need to give out some test copies first to trusted members and after that you could perhaps run a poll to determine a correct price? I'm not too familiar with the CSGO key market, so I'd have no idea what kind of profits could be made in, say, 1 day. Not applicable to CS:GO junk. re: "test copies". I don't think I'd trust someone that just gave away a few $2.49 keys (that you can get for $2 or less at some places, or $2.15'ish at some "well-known" place like opskins) and then started taking mass orders, anyway. ... I'm sure there'd be a lot more interest on the selling side, vs. buying side. Especially if you don't require proof of address and such like opskins does for bitcoin withdrawals. Depending on where you live and if it generated enough interest, that could be bad though, I suppose.
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80
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Economy / Digital goods / Re: [H] 100's of Steam games, [W] Bitcoins (or tf2/cs:go keys, wishlist games, ..)
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on: September 26, 2016, 09:19:47 PM
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Ah, got about a half dozen PMs about this, last one was about a month ago, so not going to respond individually (doubt the person still wants, etc).
Anyway, had some personal issues creep up and haven't done much computer related for last 3 months, including listing my Steam games. So most of the stuff on this list, I still have. Can PM me if interested in some stuff. I'd base prices off what they're going for on G2A minus some percentage (maybe 10-20%) because 1) bitcoins, 2) bitcoins, 3) bitcoins (no chargebacks after 5 months, like happens on G2A a lot, laugh). Also bigger discount if you want lots of games, or one game that is worth a lot (like some of the KOEI titles).
Some have probably been bundled and are worth a lot less now, but haven't looked at that yet either.
They're all tradeable now (over one month since purchase), and most were purchased over 6 months ago.
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