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Bitcoin / Bitcoin Technical Support / Re: Raspberry Pi 4 performance
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on: March 20, 2020, 08:45:08 AM
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For those wondering how long it takes to sync, 2020-03-20T08:17:21Z UpdateTip: new best=0000000000000000000f813e7f23162e1a647cd07a4851f016170f30785259dc height=622126 ... 2020-03-20T08:26:35Z UpdateTip: new best=000000000000000000068db6dedd26ae638bf34a7498982483c77b117c4d7769 height=622262 549sec for 136 block 4 seconds per block 622262*4/60/60/24 = 28.8 days, assuming full block + segwit.
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9
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Economy / Exchanges / Re: HitBTC.com - The most advanced cryptocurrency exchange
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on: October 24, 2017, 09:38:29 PM
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Where are the B2X token coming from? Can only buy them!!!
I think this is just like "futures trading", the coin does not exist and you are speculating that when it is released the price will go up. The thing I don't understand is where do all the Bitcoins go that being used to buy these futures (there are other coins that do this), does HitBTC effectively get a free loan of your money ? Nobody understand that, it's never been made clear. If it's HitBTC own internal supply of BTC then they should at least said how many that was. IOU are not futures, You're supposed to be able to take the opposite side of the future for price discovery.
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Alternate cryptocurrencies / Altcoin Discussion / Re: EOS Price?
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on: June 29, 2017, 11:49:42 PM
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You are paying ETH per EOS and it make no difference if you send anytime before the end of 5th day.
The benefit of waiting at last minute is you have a better estimate of the actual price you'll be paying but risk not having your transaction included because ETH is always getting DDOS during important times.
If they raise 200 000 000 ETH you'll be paying 1ETH per EOS
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦
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on: May 15, 2017, 08:27:50 PM
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Hi, I’ve been asked to clarify where that last news could have originated.
About two weeks ago someone came in our business, Satoshi Counter, to talk about potcoin. I was interested in learning more, We looked at the potwallet/dispensary interface together and we created an account to test it out, he had written Bitcoin Embassy as the merchant name which I then changed to btcmbc, (possible source of confusion). I was asked if he could leave a sign in the store saying that we accept potcoin, I was clearly opposed to it for numerous reasons.
Satoshi Counter has been making Shapeshift available to it's customer for many months. A few weeks prior to this visit we helped two peoples who had been gifted Potcoin at an event to shift their potcoin into fiat.
I'm usually not a big fan of using the term "fake news" but there was a whole lot of wrong and false assumption in this “news”. As for defining the above as a partnership, I believe, is quite a stretch of the imagination. I also believe both parties in a "partnership" should be made aware of public announcement before-hand to avoid unfortunate confusion.
We go to great lengths to educate customers about the risk posed by the irreversibly of bitcoin transaction and warn them of any investment scheme funded through Bitcoins. Despite what happened I am grateful to the people who took their time to talk to me about the potcoin. At this time I personally have not studied potcoin enough to have an opinions about it as a store of value.
Please correct / delete the any remaining mention of bitcoin embassy + potcoin where possible.
Thank You.
Ps: This is my personal option and not the Bitcoin Embassy's.
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