1141
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Bitcoin / Wallet software / Re: Simple Bitcoin Wallet for Android (found on F-Droid market)
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on: April 10, 2016, 05:25:09 PM
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It's also available on the standard Google Play market... Seems really, really interesting. I guess this is a breadwallet type of app for Android, which was something that was really missing.
The destruction code functionality is pretty interesting... Too bad I eventually stopped using an Android device as my daily driver... But I'll sure be testing this whenever I get a chance.
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1147
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Bitcoin / Wallet software / Re: iOS Bread Wallet
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on: April 09, 2016, 01:44:16 PM
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Im with stucked balance in the app. I try to restore and wipe it and rescan blockchain and still keep getting the unverified transaction again and again!!!
Older versions tend to miscalculate fees. Is your app updated? BTW, there's an official thread here
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1150
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Economy / Exchanges / Re: Crypto Exchange ShapeShift Hacked, Unspecified Amount of Bitcoin Lost
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on: April 08, 2016, 08:45:30 PM
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Oh god, here we go again... So who are the funds in the hot wallet from? Exchange fees?
It was most likely exchange fees plus their own personal btc held for when users "shapeshift" an altcoin to btc. It is not individual users btc, except maybe for those users that transactions were pending at the time. I seriously hope this is true, although I doubt it... Let's see how this goes.
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1155
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Bitcoin / Bitcoin Discussion / Re: Bitcoin mining cost?
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on: April 07, 2016, 01:24:06 PM
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main reasons 1. the reward halving mentions income reduced to 50% so people start to wonder how will miners get paid. 2. americans want to get into mining but paying out $1000 for an asic folowed by regular electric bills they realise they are not profitable(to western consumers)
they simply dont understant that pools can change and different pools can take over. they dont understand the fiat valuation can change to compensate.
they do not understand that unless they are the manufacturers that then start mining within hours of production. instead of purchasing at the expensive retail cost with lengthy delivery, which means they will not get ROI. bitcoin mining is profitable if you are at the forefront of the industry. remember bitmain charges customers $1000 because with that funds they can make 5+ units.. 1 for the customer and 4(free) to keep to themselves.
1 is easy to answer, miners will always be paid the way they're being paid so far, by mining As for the rest, I think the common topic in these threads is the environment, not profit.
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