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1041  Bitcoin / Press / Re: [2017-12-06] Bitcoin Price Hits $12,000 – Just as We Predicted on: December 07, 2017, 12:16:25 PM
... and without any visible reasons to it
...

Let me tell you a few reasons:
1. CBOE Bitcoin futures
2. CME Bitcoin futures
3. NASDAQ Bitcoin futures
4. Likely ETF approval in the near future as the introduction of the futures increases the maturity of the whole BTC environment
5. Dark Net use of BTC is on the decline, which results in increased legitimacy
6. Failing currencies in countries like Venezuela
7. FOMO buying due to increased media coverage fueled by the big price rise
8. Increased awareness of BTC due to increased media coverage
9. The influx of (backed or unbacked?) Tethers, especially in the case of a BTC price dip
...



10. Lightning implementation interoperability tests successful.
1042  Bitcoin / Press / Re: [2017-12-06] Bitcoin Will Eventually Go Into Extinction-PBOC Deputy Governor on: December 06, 2017, 06:27:46 PM
Hopefully only after communism, fascism, socialism and all of the other anti-freedom ideologies are extinguished.
1043  Bitcoin / Press / Re: [2017-12-16] Bitcoin Blasts Past $12,000 on: December 06, 2017, 06:25:29 PM
There was no resistance at the $12K level at all. I wasn't expecting a significant resistance, especially not like the one we had at the $10K level, but I was expecting something. This was almost too easy Smiley I think the next big threshold is going to be $15K, although judging by how fast the price is blowing by every threshold, the next significant resistance might even be at $25K.

Hopefully we’ll find out soon. 😀

But I agree it blew from 12000 to 12087 in a minute or two.
1044  Bitcoin / Bitcoin Technical Support / Re: Friend bought .5 of a bitcoin in 2013 and can't access it today on: December 06, 2017, 06:19:46 PM
I'm trying to do the same for my mother...is there any way to find it with social security number or any other personal information. IT was purchased between 2006 and 2008 Thank you

No, nothing like that.  And if it was purchased between 2006 and 2008, it wasn’t bitcoin - the first block was mined in Jan 2009.
1045  Other / Off-topic / Re: Pump and Dump on: December 06, 2017, 06:17:33 PM
What is the exact meaning of pump. I heard that lot of peoples are making money using PUMPs. As I understand, pump will limit to a certain period of time duration. So at the end of the pump diffidently all the last participant will be caused a loss or not? And what is the meaning of DUMP? Please provide me any reference Bitcointalk link for this coz I couldn't find any explanation here. If some one can explain this clearly, it will be very help for me and others who are looking for this explanation.

Pump: people buy something (bitcoin in this case) causing the price to go up causing more people to buy - pump up the price
Dump: sell something, presumably before the price drops again.
1046  Bitcoin / Bitcoin Technical Support / Re: Friend bought .5 of a bitcoin in 2013 and can't access it today on: December 06, 2017, 06:15:00 PM
Hello

I am trying to help out a friend who bought some bitcoin a while ago and has vague records and recollection of the details of the transaction.



Does he have a wallet? Did he use an online wallet?  Did he buy using a credit card? Bank account?  Does he have any more info? What records?
1047  Economy / Exchanges / Re: Transfer Coinbase to Spectrocoin: confirmed but not received? on: December 06, 2017, 12:51:26 PM
I attempted a few days ago to make a transfer from my Coinbase account to an account based on Spectrocoin.
On the payment page, I could see two options. One was pointing to a bitcoin:// link, which could not open since I have no software on my pc, the other was via a Spectrocoin account, which I didn't have (with funds)

So I sent the funds from Coinbase using the Accounts > Send interface.
I transferred the funds to the address provided by the Spectrocoin page. On it, there was a timer, which I think was 15 minutes, but the transaction on Coinbase started out as "pending" and remained pending for around 12 hours.

Eventually, the transaction did go through, and Coinbase gives a link that reports its details (though for some reason they are slightly different).
but the address is the same.

However, the person I'm sending the bitcoin to said that they didn't receive the funds. Trusting this person (and I do), it seems the funds are now with Spectrocoin.
I have contacted the Spectrocoin helpdesk as I was considering moving my funds to them from Coinbase, given the recent problems that I've had with the latter. But clearly if this happens again, then how am I supposed to trust either Coinbase or Spectrocoin with my funds?

Am I missing something? Isn't bitcoin supposed to be secure and easy? This was only my second transaction and I feel like everything is way more complicated than the bitcoin evangelists make it appear...

And by the way, I'm from the EU but for some reason, on Spectrocoin:
"Users from Your country are not allowed to submit documents for verification"



If you have a transaction ID, people will be able to help.  It sounds like Spectrocoin has the coins.  If coinbase.com shows the transaction, then that tells you a lot about Spectrocoin if they say they don't have them.

Bitcoin is easy to use and secure.  If you handed Euros to a random person on the street (Spectrocoin) and then they (possibly) scammed you, would you say the Euro wasn't secure?  Of course not.  Ditto if you gave them to a bank that you hadn't verified they were legit.

In short, don't use online wallets unless you know they are legit and reliable.  Coinbase is pretty much that way and although they do have growing pains, they aren't scammers.  Use Electrum or Bitcoin Core - ONLY from the official web sites of course.






1048  Bitcoin / Press / Re: [2018-12-6] CryptoCoreMedia.com Top 10 Women Of Crypto 2017 and❤️December Issue❤️ on: December 06, 2017, 11:33:49 AM
Seems like sexism at its finest: why a separate category for women?  It seems condescending for these awards/magazines to think men and women can’t compete together.
1049  Bitcoin / Press / Re: [2017-17-05] Keiser - Bitcoin like 'Moses' for Gold! on: December 06, 2017, 12:21:01 AM
I’ll have to do some digging, but to me it wasn’t clear if the fund had already invested in bitcoin or was planning to do so.  One part says “decided to invest” another “invested in.”

Update: They began doing so in April this year:
https://www.cnbc.com/2017/11/24/a-gold-fund-is-investing-in-bitcoin.html
1050  Bitcoin / Press / Re: [2017-12-05] Yale Expert: Bitcoin is a 'dangerous speculative bubble' on: December 05, 2017, 09:56:33 PM
Makes me think of Reagan’s comment about liberal economists (a large majority are idiots or worse but keep getting promoted because they help the elite):

“A friend of mine was asked to a costume ball a short time ago. He slapped some egg on his face and went as a liberal economist."

Many of them have never held a real job or hired anyone so their theories are so far away from reality as to be laughable.
1051  Bitcoin / Bitcoin Technical Support / Re: How to log in our block chain to Email Id? on: December 05, 2017, 03:38:37 PM
How to log in our block chain to Email Id?  Wink

What are you asking?  You may want to rephrase the question.  The block chain doesn't use email addresses.
1052  Bitcoin / Development & Technical Discussion / Re: Signature Forging on: December 05, 2017, 12:04:18 PM
Also, what would happen if you flooded the system (neighboring bitcoin nodes) with 1000s of random guesses?
Random guesses? After several invalid transactions, they would've banned you.

I do  not know any way how they could ban anyone. But it wouldn't be necessary. verifying that a message is false and ignoring it is a really really quick operation.

And Kwothe117, you would not have to send your false guesses to the network. You could just check if your random guess is correct by yourself on your own computer. It would be much faster too.
Then if your random guess is correct you could broadcast it and it will be accepted in to the blockchain...

If you are flooding neighboring bitcoin nodes (nodes your node is connected to) with 1000s of random guesses they could disconnect you and ban your IP from connecting to them.

As you say though, there is no reason to flood neighborhood nodes like that with “random guesses” to determine they are invalid.


1053  Bitcoin / Press / Re: [2017-12-3]Bitcoin investors hoping to make billions on: December 05, 2017, 10:17:59 AM
....

As you may have noticed, and based on my observations, there is no one who ever thought that their money will grow THIS big in Bitcoins as it is today. Hence, the billion-dollar dream is not impossible after all.  

I think if you look around, you’ll see otherwise, e.g.
https://bitcointalk.org/index.php?topic=12156.0

1054  Bitcoin / Bitcoin Technical Support / Re: [Bitcoin Core] How to change language? on: December 05, 2017, 10:11:23 AM
So by default I have it in my native translation, but I want it to be in English. How do I change that?

I haven’t had the need for this, but if you go to this page:
https://en.bitcoin.it/wiki/Running_Bitcoin

and search for

lang

it has instructions to do so.

Essentially either add a line to to the conf file or at the command line ( -lang=en_US for example).  Or if you change the settings for the computer as a whole, launching bitcoin afterwards should reflect that.
1055  Bitcoin / Development & Technical Discussion / Re: Is it time to think about decimal precision ? on: December 05, 2017, 09:57:19 AM
But 2.1 quadrillion only requires 41 bits of precision to represent (0x1E8F1C10800).

Are you sure about that?

21,000,000 * 100,000,000 = 2,100,000,000,000,000

0x1E8F1C10800 = 2,100,000,000,000

You seem to be off by a  factor of 1000.

This means that the upper 23 bits must be zero, no?

If there ever were a situation where all the possible bitcoins were sent to a single output (that really is impossible, but lets use it for an upper bound), then the resulting value would be:
0x775f059e40090

This would require 51 bits, leaving an extra 9 bits that remain unused.

How many of the 2,100,000,000,000,000 Satoshi is currently in circulation?

Subtract 1 000 000+ from Satoshi's stash
Subtract coins being send to Burn addresses
Subtract Lost coins <amount unknown>
Subtract Coin that are hoarded/Cold storage <not in circulation>
Subtract the coins that are not mined yet.

We should not be looking at the Total amount, but rather how many is in circulation. ^smile^


Adding precision is a completely different thing than adding precision AND stealing people’s bitcoin.  I can see most people supporting the former, but the only ones supporting the later doing so for nefarious reasons.  

1056  Bitcoin / Press / Re: [2017-12-02] Nobel Prize-Winning Economist Says Bitcoin Should be ‘Outlawed’ on: December 03, 2017, 12:29:20 AM
This is the least expected comment from a nobel winnng economist . I don't understand why the reputated and experienced people don't realize the postive outcomes of bitcoin on econom if it gets introduced in the system .
I see an extreme case of "favorism" towards the banks here.
The fact that he is a Nobel laureate does not mean that he is an expert in all fields. He understands only the principles of the existing Fiat economy. It is in manual control and therefore, you can easily achieve the desired result. It may not work in a fair environment where it is impossible to make adjustments. All bankers are terrified of bitcoin.

I don’t think he even understands that.  He is one of those people who will suck up to those in power to advance himself no matter the cost to the world.
1057  Bitcoin / Press / Re: [2017-12-02] Nobel Prize-Winning Economist Says Bitcoin Should be ‘Outlawed’ on: December 02, 2017, 07:26:50 PM
This is the guy who admired Hugo Chavez’ dictatorship.  And said a few years before the US’ Fannie Mae and Freddie Mac failed that they would NEVER FAIL.

He is a fool who loves dictators and will excuse them by any means necessary including lying.  And he may be an idiot who got promoted because he was a statist toady.   Whatever he says, the opposing is probably true. The fact that he teaches at Columbia shows how low their standards are.

Anyone who admires a totalitarian murderous dictator like Chavez and his ilk has no morals or no brain or both.

Here is a good summary:
https://reason.com/blog/2017/11/30/bitcoin-joseph-stiglitz-crypto-outlaw
1058  Bitcoin / Bitcoin Technical Support / Re: bitcoin core wallet shows empty balance and no transactions after "-zapwallettxe on: December 02, 2017, 12:21:07 PM
thanx a lot.

-rescan worked fine

how can i see, if my wallet is hd?

If you started bitcoin core after version 0.13.0, or are using a wallet that has been generated after 0.13.0, you will automatically by default using a HD wallet.

See https://en.bitcoin.it/wiki/Deterministic_wallet

Starting Bitcoin Core isn’t sufficient, there are more steps involved than launching it. If you mean he started using Bitcoin Core, after 0.13.0, and didn’t previously have a wallet.dat created, that is different.

1059  Bitcoin / Bitcoin Technical Support / Re: bitcoin core wallet shows empty balance and no transactions after "-zapwallettxe on: December 02, 2017, 12:17:44 PM
thanx a lot.

-rescan worked fine

how can i see, if my wallet is hd?

It will have a little “hd” icon on the screen.

Similar to the lower right here:
https://goo.gl/images/QT8tYw
1060  Bitcoin / Development & Technical Discussion / Re: New Bitcoin Block Format on: December 02, 2017, 12:09:26 PM
What’s the best resource to see the actual bitcoin block in it’s raw readable format?

For example, if I want to see the actual bitcoin block data?

Download the block chain with Bitcoin Core and use a hex editor to look in the files. Or is that too low a level?
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