Went to my BTFD bot and marked it to stop buying. Going to bed now. Guess the Europeans can have fun with this. They should be waking up now. Also, went to ebay to see if I could get a z9 miner that was on hand, ready to deliver. Saw a really good deal, made the purchase, then I realized it was an S9. I requested to cancel right away, but have to wait for the seller to respond. If he won't let me cancel, I just bought myself a $700 doorstop.  |
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Premine , check
Masternode sales, check
Dev fee, check
lol wow
OMG, WWIT?  Apparently I wasn't thinking.  Just bored and needed a distraction from the bear market. Already spent way too much on Nicehash. Well, at least most of that goes into other miner's pocket less Nicehash fees. |
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Confirmed! ...Finally we hit the bottom!!  I'm still not convinced. Need a decent volume test of the resistance before I feel more comfortable. Mt gox heard you and here is the response    Hodl boys, just hodl until the storm pass! Sometimes evacuation is the better option rather than holding strong.  |
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Feel free to find out how e.g. memo or blockpress are using the new op codes.
More is coming for SBI exchange or colored coins on BCH and their atomic swaps...
We are at there very start of crating more usability / programmability to the only scalable distributed non-security coin on the planet with true on-chain safety.
A couple of social media platforms that allow for tipping? Meh. I was thinking more along the lines of tokens that represent real world assets like Craig Wright aka "Satoshi" indicates would happen. Any projects like like getting off the ground? |
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By the end of July we shall see price above $10k.
Not going to happen. Just as likely to see price at 2k. Random move, 4k up or 4k down. No analysis. That is not how it works. We use log scale not linear scale. A probability of the price being 5/3 as high as it is now is supposed to be as probable as a fall to 3/5 of what it is now. So a rise to ~10k should be equivalent to a fall to ~3600, not 2K. |
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Great project,but too much nicehash coming  you should read bitgun specification (algoritm), more difficulty means more block reward. so nice hash not a problem I read it,but block rewards are going up lower than hashrate Plus, if the block reward goes up, that means more coins, which usually means a lower price at the market. |
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Are you sure? And how many people use these DEX? To begin with, traders should want to use these things. And only then can we talk about the boycott of centralized exchanges by developers.
Can you give a bit more detailed explanations why you would prefer centralized exchanges rather than decentralized ones, please. Here are some reasons. Higher volume and better liquidity. Can purchase with fiat Don't have to run a hot wallet. Password recovery options available. 2FA available |
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when
pump
?
As soon as someone figures out how to put these newly activated opcodes to good use. |
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From Twitter. https://twitter.com/bitPico/status/1010309235459096577"The #bcash $bch @bitcoin attack has been started; it will continue to run as we work to amplify it over the coming months. We expect to have 5000 Bcash attack nodes in roughly 6 weeks and then we will multi-fork the chain. @rogerkver will now cry 😭. #hacking #skills #security" If someone is going to launch an attack, why announce it? I would wait for the announcement only after the attack is in full thrust and doing damage, if I made an announcement at all. |
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I'm specifically wanting to discuss the possibilities of developed countries only having access to the hardware and bandwidth capabilities that the Blockchain may require in the future. As the Blockchain gets bigger through more transactions and more blocks stored within it running a node may become limited to developed countries alone.
I'm not sure what the estimated size of the Blockchain when all the Bitcoin has been mined but judging by the size of it now and if it did become mainstream then we would be seeing exponential growth which will lead to more centralization because not everyone will have to equipment or internet capabilities to run a full node.
This may mean that full nodes which we rely on for the security of the network will be controlled only by wealthy individuals or those from developed countries. At the moment almost everyone in the world has the requirements to run a Bitcoin node. Hard drives are cheap and bandwidth is only the limiting factor around the world. Even then people just download it over the course of a month or something.
However if the Blockchain is exposure to the mainstream how are we going to make sure that the network remains decentralized? Especially when Bitcoin rises to petabytes instead of gigabytes. Are we solely relying on the fact that technology should advance at the same rate as the Blockchain growing?
Here is what Satoshi had to say on this matter. The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate. Besides, 10 minutes is too long to verify that payment is good. It needs to be as fast as swiping a credit card is today.
See the snack machine thread, I outline how a payment processor could verify payments well enough, actually really well (much lower fraud rate than credit cards), in something like 10 seconds or less. If you don't believe me or don't get it, I don't have time to try to convince you, sorry. http://bitcointalk.org/index.php?topic=423.msg3819#msg3819 |
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In my opinion I prefer POS. So many 51% attacks going on because of POW, the future is POS in my opinion and less energy consumption which is a good thing to all those not living in third world countries where electricity is cheap.
A 51% attack is quite possible with POS as well. Especially with low cap coins. A checkpoint server can help. But then the coin is basically centralized. |
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I'm probably going to absolutely hate what my bot did while I was at work. Something tells me that this minnow just got eaten whole. Unfortunately, don't have the PW to the bot site. Stored in a PW manager at home. |
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I'm just wondering if it is possible to create a rawtransaction that sends a non-segwit transaction from a UTOX residing in a segwit address. I am wondering if this is possible from both a P2SH address and a Bech address.
Edit: Nevermind. I will do further research into understanding what redeem scripts are all about.
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So considering I purchased one @ $850 for shipment in late August, are the chances of me making any profit from mining with this slim? Also does Bitmain ever ship batches early?
Yes, by the time that you get your rig, the difficulty will have shot up on all the coins that have retained the Equihash algo. Good news will be that by that time, the rig should be working on most pools, including Nicehash. Also, if this bear market continues, people who are just now getting their miners may have difficulty achieving ROI. I haven't purchased a Z9 miner myself. Only reason that I am following this thread is that I was considering it. |
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Been in Vegas since last Friday so not been posting due to a mixture of enjoying myself, being too drunk or high or on a come down.
I have been checking the price though & was happy seeing the high $6000’s.
I check out of my hotel today & checked the price this morning.
WHAT THE FUCK HAPPENED !!!!
I hope 6k holds!
Appears as though the bears decided to test the low 6000s again. Unfortunately, the reaction from support does not appear anywhere near as strong as the last time this range was tested. I have a hunch that the 6000 is not going to hold this time. However, with the way this market is going, a huge green candle on the 15 minute could be just around the corner. |
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I just want to clarify something whether they are paying to the members or not? I hear previously they are charging high amount for withdrawals and the answers from them is maintenance fee? Still, they are paying to their community on time?
I'm not sure about their support. The withdrawal fee for Bitcoin is 0.001 BTC which is extremely excessive. The other withdrawal fees don't look too bad - a way to get you to trade them so they get 0.2% presumably. The current BTC withdrawal fee was changed due to complaints back when there was an extreme backlog of transactions and they were only charging .0002 BTC fee. People were complaining because their transactions would be stuck for days/weeks. Unfortunately, they have never changed the fee back. |
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TBDR <<-- Too Big Didn't Read
I'm going to make up a new acronym for "did not read word too big" I'm sick of googling a word if it's only used to make you look intelligent.
Don't feel too bad about having anything written by anonymint going over your head. That guy is in a league of his own. Usually, just to get a dim inkling of understanding any of his posts requires many hours of research. However, if you do make the attempt to try and decipher his message, it usually leads to a much deeper understanding of how BTC actually works. |
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What really piss me, is that there is still not sufficient despair around this forum. Even me, I still hope for btc to pump again soon, this is totally different from 2014 lows, when I was crying alone and thinking about cutting my losses. We need more desperation for the new lows to be confirmed and for tge crypto winter end. Please everybody turn bearish now, maybe we can shake the weak hands faster that way, this bleeding is killing my hope...(and this is good for btc price)
No, we need everyone to take longs to be ready to dump on the Bitfinex scammers when they try to scam the price up by fraud as usual. How is this going to work for many of us? US USA citizens can't even do anything with Bitfinex. The CBOE and COE are cash settled derivatives. Bitmex is a bitcoin settled derivative. So these really have no direct effect on the market. Many of us are not worth at least 5 million USD in order to participate on margins with Coinbase. Does Binance offer margins to US citizens? I know Kraken offers margin trading to US citizens. However, they really don't amount to much and I doubt will have any effect if Bitfinex decides to start pumping. I suppose there are some other exchanges that offer margin trading. However, like Kraken, they don't amount to much or probably won't accept US citizen business. |
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Some people said that Bitcoin Cash (#BCH) is real Bitcoin - it is better than BTC... While others said Bitcoin Cash is just a folk.
I read a lot but still cannot be clear.
The biggest problem of Bitcoin today is scaling (affect to the transaction fee & speed). BTC chooses apply Lightning Network (just like LTC and BTG) while BCH chooses increasing the block size. What is better? I am not sure
On the topic of lightning I liked this craight wright piece that hv_ posted. https://medium.com/@craig_10243/lightning-is-malleable-steel-is-not-4e68bfdef31While I’m very against lightning, let’s not forget Bitcoin Cash can easily implement lightning and has already increased the block size whereas BTC is sticking to 1mb blocks. Let’s also not forget BCH is less then a year old.If you are truly a diehard BCH fan, you just committed sacrilege. BCH is supposed to be the one true fork. Therefore, BCH is almost 10 years old. Since BCH has been around for 10 years, they should have their shit together. Especially since you have "Satoshi" aka Craig Wright on the team. |
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If you are bored unignore some bcash shills or roach then slap them. Then ignore again.
How would that cure boredom? I have neither one on ignore and from what I can see from their posts; it is basically SOS different day. |
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