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1  Bitcoin / Bitcoin Discussion / Re: Iíve been working in Bitcoin industry for 3 years and hereís why you should NOT on: September 13, 2016, 01:50:54 PM
Nice experience and article you have been explaining about risk on bitcoin, for me it is not becoming problem because i always make investment in bitcoin with low amount and i am ready for lost it.
Maybe it is not a problem for you, but it is a problem for a lot of people as they invest quite a lot of money into Bitcoin. I personally don't, but the price fluctuation is quite scary.
problem for a lot of people as they invest quite a lot of money into Bitcoin,the risk they are willing to invest bitcoin live in a world not everyone is happy,in investment gains and losses are already a pair in invest,if everyone would take advantage and do not want to take risks to invest,only selfish people who think like that.
2  Bitcoin / Bitcoin Discussion / Re: How do you record all your trasactions?? on: September 13, 2016, 09:29:08 AM
Hello,
i want to do bookkeeping / accounting for my bitcoin transactions.
I would like to know what people are doing for calculating how much they spend in their fiat currency for bitcoin, etc.

Right now i am buying bitcoin from bitcoinlocal, and after every transaction, finding out how much $1 in my currency equals to how much bitcoin i just got.
Then when i purchase goods online, i can use that as a reference to figure out how much fiat currency i spent.
But im sure there is a better way? Any programs / wallets / spreadsheets available that do this calculating automatically for you??
view transaction history Chain-block is the public records of all Bitcoin transactions, in chronological order, are shared between all users of Bitcoin, Bitcoin transactions recorded database used to verify permanent Bitcoin transactions and to prevent double-spending,can be audited by searching the entire recording transactions.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin in everyday life on: September 13, 2016, 05:54:58 AM
What is your opinion: will btc become a currency with which you can pay in supermarkets, subways etc?
Or will it remain a crypto-currency used mostly in the Internet?

your oppinion is very long time in can bitcoin to curency in all pay real life
buy in supermarket and more
because bitcoin only digital curency only use bitcoin must to online
bitcoin not ready physic coin, only digital, and not yet regulated curency in real life
The purpose of bitcon is not for a real life, they are made for completing the human's life in the digital world for making the transaction is more easier for using bitcoin and bitcoin is not made for a real life.
bitcoin many benefits in the real world the more supporters to support its use as an alternative currency to pay for goods and services,using Bitcoin then this is the easiest way to exchange money with minimal cost,and all that bitcoin can be sent via the Internet to anyone,if this is an advantage in the real world?..I answered yes
4  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: September 13, 2016, 05:28:16 AM
Bitcoin being illegal or legal is depend on the person, who use it? anyone can use bitcoin in illegal transaction or legal transaction.
which is still an issue,not all countries recognize bitcoin,bitcoin is also considered bad because the value of currencies based on market demand and has a high degree of fluctuation,not all states prohibit all financial institutions accept transactions using bitcoin,virtual currency as legal tender.
5  Other / Off-topic / Re: Have you ever lost Bitcoin? on: September 13, 2016, 04:48:03 AM
A few years ago, when I only started using Bitcoin, I've lost a small amount when I sent bitcoins to a wrong address.
I think it's not lose big,this may be a small thing but a lesson for us all,to see the wallet again send,because a little mistake will be worse in the end,missing something though a small but worthwhile.you are still lucky people to lose a lot for playing gambling,ponzi games and scam mining sites.
6  Bitcoin / Bitcoin Discussion / Re: 1mb is too big on: September 13, 2016, 04:14:13 AM
I can't figure out what you are taking about. But i guess that you are training about bitcoin block size, but as a programmer 1MB size is not a big size for me.  Since bitcoin have millions of block so obviously that would sum up a huge number.
OP talk about technology behind the bitcoin is called blockchain,Block that contains all new transactions on the bitcoin network will be confirmed at every 10 minutes, and now has been limited to 1MB of information in one block,op does not explain in detail thread meant just write 1 MB to big.
7  Bitcoin / Legal / Re: Own casino in your country? on: September 12, 2016, 10:13:22 PM
In my country it is also ban, if someone try to do gambling in their places and if the government come to know about that then they immediately arrest them.
gambling is really illegal in most of the countries  but still people are playing it illegally, and same is the case in my country here as gambling is illegal bust still people play it illegally and when then caught by the police then arrest them and then charge them for it i also play gambling but i mostly play it on sports therefore there are very little chance for the police to catch me.
any gambling games really illegal,in my country denied access to games arrangements regarding gambling in my country:
imprisonment of 6 (six) years and / or a maximum fine of Rp 1 billion
Whoever participated gambling games are held on public roads or on the edges or in places accessible to the general public, except when to hold it, no permission from the competent authority.
8  Economy / Games and rounds / Re: ▂▃▅▆█ BITSLER █▆▅▃▂★ EVENT PROGRESSIVE JACKPOT DICE★ 04/21 on: September 12, 2016, 09:52:02 PM
OH MY GOD  "mariowiggins" won the progressive jackpot AGAIN : 0.25604735  BTC








Congratulations mariowiggins to hit jackpot
9  Bitcoin / Bitcoin Discussion / Re: Maybe the future of Bitcoin is in Loyalty points. on: September 12, 2016, 09:48:07 PM
the use of points accumulated by consumers bitcoin,would restrict consumers spend your loyalty points, and these points can be equated as money,which payment options can be further enhanced portability,This became the first of the banks that engage consumers in technology,banks will face the risk of loss of potential profit.
10  Economy / Gambling / Re: $$$$ Wajur mobile casino open for business. $$$$ on: September 12, 2016, 09:35:09 PM
pictures and graphics look nice for mobile casino You can add a promo site to make everyone play any offer or giveaway,make all interested as well as exciting promotions play with fun money there Yeah I really enjoyed but Only 1 games i play there blackjack and slots,and give further feedback.
11  Bitcoin / Bitcoin Discussion / Re: Is stealing Bitcoin illegal? on: September 12, 2016, 08:59:30 PM
You can use the wallet for many different purposes,use a new Bitcoin address each time you receive a payment,hear bitcoin address and has a balance and you ask if it's illegal?..it's your lucky day because it does not steal Unless you are interested in receiving donations or public payment.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin VS Time on: September 12, 2016, 08:42:48 PM
I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

True, but even the price is dumped and lowered  the bitcoins price because of bitfinex hacked coins but as we can see it still manages to increase its price gradually. We really do expect some  up's and downs of  the price and its normal because of some circumtances but still  the uptrend  is still there, we must all be patient.
Very observant! Iím glad people like you exist and it is just proof that people can see the trends. I too notice that while the hacks may make bitcoin seem less reliable, it is actually still slowly gaining value. Thatís because people like us know these security issues will be fixed and bitcoin will continue to gain momentum.
Bitfinex theft case is the biggest disadvantage of the stock exchange Bitcoin,Given the numbers, the theft case has triggered many levels of confusion and frustration among market traders bitcoin prices fell sharply after the news came out but now is back to normal,the bad news is no longer disrupt the current bitcoin prices.
13  Bitcoin / Bitcoin Discussion / Re: Opinion on: September 12, 2016, 08:22:28 PM
I think that when all is said and done bitcoin will revolutionise the financial sector and be wortha fortune.

changing economic and slowly not fast bitcoin,in the development of financial technology. In his latest publication, says that Bitcoin has the potential to revolutionize the world of finance, benefits offered by Bitcoin, becoming one of the leading payment methods,Bitcoin will make the cost of financial transactions become much cheaper.
14  Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin on: September 11, 2016, 11:38:51 AM
I don't find any problem in using bitcoin at a moment, as I am only using it online and I am very much satisfied with it and if I have to buy something in real world then I don't hesitate in converting it to fiat.
Yes you are lucky not to have problems in bitcoin. I myself have experienced delivery delays in bitcoin so delayed until many days. It was very disturbing me because I badly needed funds in quick time. Maybe it's a matter of bitcoin have ever experienced.
delays in delivery bitcoin Bitcoin transactions are usually carried out within a few seconds and will start to be confirmed within the next 10 minutes. During that time, a transaction that is considered authentic remains irrevocable,so you just have to wait,bitcoin transactions in general and permanently stored on the network.
15  Bitcoin / Bitcoin Discussion / Re: Do you use bitcoin as currency or investment? on: September 11, 2016, 12:50:03 AM
i use bitcoin as both but mostly  i use it as currency just like my  pocket money. i am really happy  with this technology, but i would  be more happy if some  shops here started  accepting bitcoin too.
in addition to good bitcoin investments for our future savings,see now some countries accept bitcoin this is good news for payment of digital technology,I use bitcoin as a currency is more expensive sometimes we have to invest bitcoin to maintain balance take a long time to benefit.
16  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: September 10, 2016, 11:53:25 PM
difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.
17  Bitcoin / Bitcoin Discussion / Re: What is the state of the consensus debate? on: September 10, 2016, 06:04:28 PM
"Consensus" is the name we have given the governance mechanism within Bitcoin. On the protocol level it is pretty straight forward, miners have the ability to vote through their hashing power, and miners have a strong game theory incentive to do what is best for Bitcoin since their profits rely on Bitcoins continued success. In this sense Bitcoin is governed by a simply majority rule. This is how decisions are supposed to be made, however because there is disagreement on this fact a lot of people can not even agree on how this governance is supposed to function creating a situation of great uncertainty. This creates confusion for the miners as well who are just following their economic self interest, which means that they are just following what they think is the overall sentiment of the networks participants.

In terms of governance this is where it starts to get more interesting. Unlike other majority rule systems, Bitcoin allows the minority to split off creating their own chain in the case that they do not agree with the changes that the majority is making. This fundamentally solves the age old problem of tyranny of the majority, in this sense I see blockchain as being the next evolution of governance, since it has solved this fundamental problem. Furthermore if the majority of users move to the minority chain after the split then the minority chain becomes the majority chain again, since miners will simply follow the chain which has the most value. In this sense it is not the miners that decide on the rules but it is ultimately the users who have this power, specifically the people who give the blockchain the most value. This is actually an ideal way to resolve disputes within Bitcoin, essentially allowing the market to decide.

I think that many people do not fully understand this mechanism and even fear it. When really what it allows is complete freedom of choice over what development path an individual supports. Some people think that Bitcoin is this unchanging thing, you might have heard the terms "immutability" and "code is law" thrown around. I perceive these blockchain systems very differently, it is not the case that we give up human governance to be governed by this unchanging machine code. The machine so to speak is actually a cyborg, it is part human and part machine. The protocol itself relies on human incentives to keep the network functioning, in other words we are all part of the machine and influence its behavior and rules. In this sense "Consensus" is a social mechanism, which just like other governance mechanism relies on the input of human beings for its continued operation. This I consider to be a good thing, some people have this utopian idea of blockchain being able to remove human beings from governance completely, thereby obsoleting politics. Unfortunately that is not how Bitcoin works and I have never seen a blockchain that can function in such a way.

Arguably this human element in governance is a good thing, since if we are building the systems of the future here, I do think it is good if we program Skynet to have a fork switch, just in case. Wink
Blockchain even a more potent technology, this innovation opens the opportunity is far greater than just cryptocurrency danger, Blockchain allows people who do not trust each other to interact with each other without being required as a neutral.
18  Bitcoin / Bitcoin Discussion / Re: Food industry and cryptocurrency on: September 10, 2016, 05:39:12 PM
In the near future, you will see many farm companies releasing their own cryptocurrency
Those smart farmers will eventually come to a realization that the only real form of money is the food they put in their mouth.
Because of that reason, the value of their farm cryptocurrency will only go up. Other paper currencies will always be manipulated and beaten down by central banks' frauds.


Here's an example:


A lobster farm will release their own cryptocurrency called Lobster coin
A clam farm will release their own cryptocurrency call Clam coins
A crab farm will release their own cryptocurrency call Crab coins
A tuna farm will release their own cryptocurrency call Tuna coins

These farm coins will be back by real money value also known as food value.
(put money where their mouth is)

world food be part of farm cryptocurrency I think you exaggerate,in theory would allow them to become an authority in the network,With the increase of new miners, which means the level of difficulty is increasing, If passengers in large numbers leaving the network then the numbers will decrease difficulty.
19  Bitcoin / Bitcoin Discussion / Re: This is why you enable 2FA. on: September 10, 2016, 03:24:15 PM
..





New features:
-multiple windows for trading on bittrex
-2FA via Google Authenticator
-Key management
-HD addresses
-Block explorer




It would be interesting if bitcoin could have 2FA in the client, as the devs of vTorrent have done in their up coming torrent client.

Security is very important excellent features 2FA our assets to be safe, It is the most common authentication method no one knows the secret unless you, keep your balance remains secure the most important points do not lend PC to others, protection of information against theft or our best friend.
20  Bitcoin / Bitcoin Discussion / Re: What is the state of the consensus debate? on: September 10, 2016, 02:12:52 AM
In one word, Unresolved.

This is a good question, because it highlights what the debate has become about. "Consensus" is a misleading term since it can not be applied in the literal sense of the word within the context of governance, which is what the debate has involved into, a debate about how to govern this decentralized protocol. There currently is a large ideological divide within Bitcoin, the communities have even splintered to the point of using different forums to communicate with each other.

I support increasing the blocksize limit, the other side of this debate might try and tell you that the consensus debate has been resolved, this is not true it is only resolved from their perspective because some of them might think that their side has won, but that is not how the Bitcoin network works and that is not how the protocol is actually governed. If the miners do not fork the Bitcoin blockchain to support bigger blocks within the next six months I am confident that the Bitcoin network will split, most likely into several chains, just like the Ethereum network recently did as well. This is where the consensus debate stands now, I could go into much more detail, check my post history and you will see that I have been debating these points since the blocksize debate started more then a year ago now.

Bitcoin from my perspective is stagnating and losing ground to its competitors, I will not try and rehash all of the old arguments here, but history has proven me correct on many of my predictions so far, the transactional capacity of the Bitcoin network is important and it does need to keep up with demand, the Core development team along side Blockstream is attempting to change this fundamental economic principal within Bitcoin by keeping this parameter restricted, when it simply should have just been increased or removed completely from the Bitcoin protocol years ago. I currently support Bitcoin Unlimited as my favorite alternative implementation. I am looking forward to watching the Bitcoin network split, I just hope it happens before it looses its dominant position in the market.
I dont know the name,(consensus) meaning in the world bitcoin, wider knowledge than me thank you for clarifying name (conensus) I want to learn more about this may be useful in the future for me and the people who do not know whether this is related to bitcoin network protocols.
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