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6881  Bitcoin / Bitcoin Discussion / Survey targetting the USA audience: Why Haven't You Invested in Cryptocurrency? on: March 17, 2018, 05:45:54 PM
(I made the graphic but I didn't conduct the survey; just to clarify before people post where, what, when)
(No need to debate Women VS Men please)

More than 90 percent of Americans don’t own any cryptocurrencies. The principal reasons given are they are not interested in or they think there is no need for it. The second reason is it's too high risk. Followed by thinking it's a scam or it's still too difficult to understand or to use.

If it's a scam then did they forgot what the FED is really about. Did they already forget the 2008 crisis?

There are still a lot of things to do to facilitate the use and advantages of crypto and educating people about it

6882  Other / Meta / Re: My conspiracy theory about spammers on: March 15, 2018, 10:27:25 PM
Blame the Moms at home joining the forum without even knowing what is a block, as well the teenagers who find an easy way to get money to buy the latest Iphone 37.

You think I am joking right? Nope, I am serious. I know because I see them daily on Twitter, and as they're using their real photo bio, I can see easily the type of audience they belong too. Recently it becomes popular to use the hashtag #Bitcointalk #Airdrop #Bounties in their Bio Cheesy Cheesy Cheesy... It's funny because they create the same garbage there on Twitter (and surely FB) I try to avoid them like the Aids, you can't imagine how my blocked list is huge Cheesy

Back to the topic. I need to tell you the funniest shitposts I have read here.

"All bitcoins have been mined"
"Satoshi can't log in Bitcointalk because his account is compromised"

Most of the people joining here are either penny banger, they found a method to make money on an MMO blog. Yes, I saw that once, a blog about how to make some bucks online turned to how to make money on Bitcointalk...
Or 3rd countries spreading the word to brothers, cousins, moms, grandma, neighbors and the whole city,  that here they are plenty of fishes swimming in a huge swimming pool
6883  Economy / Exchanges / Re: Coinbase gets UK bank account with Barclays on: March 15, 2018, 08:31:54 PM
https://www.coindesk.com/coinbase-receives-e-money-license-from-u-k-financial-regulator/

A bit more info here. Coinbase will be enabling faster payments which is a first and a huge improvement on the clunky shite you have to go through at present. Elsewhere they've said the UK is their biggest market in Europe by far which surprises me quite a bit.


Interesting that you would consider UK a crypto backwater! They have been having several of those "neo banks" all based around UK, several in Ireland and Scotland and mostly in England, at least for two years? I can't remember the name of one but it even launched some ICO last year and was really successful. I guess now Coinbase will no longer be known as an American only exchange. I know Barclays is branched out in many commonwealth countries too, so maybe proxy access to non-UK but Commonwealth nations?

Compared to a place like the US where there are tons of places to shop with it and buy and sell it then yes it is. I'm talking more about action for regular people rather than backroom stuff.

It's maybe the only choice for UK people, it's a pain in the ass to try the other to get a tiny chance. You can notice in the past many topics in this section from UK people asking where they can buy bitcoins and withdraw to their UK account.
Other EU citizens don't really have reason to use Coinbase because there are better alternatives, so naturally, we use other platforms. Personally, I don't know anyone going to Coinbase for this
6884  Bitcoin / Hardware wallets / Re: Trezor and Ledger on: March 15, 2018, 04:31:09 PM
Ledger is, for me, easy to use. A bit confusing for the first minutes using it but it's because their instructions are not efficiently listed. Can't comment about Trezor because I don't own any but I am planning to add it to my list for the next Christmas gifts list :p

Ledger was founded in 2015 in France. The company has since gained substantial traction in the Bitcoin and cryptocurrency sphere and has grown to be a worthy competitor to SatoshiLabs (the creators of TREZOR).
TREZOR, on the other hand, has been on TREZOR on the other hand recently announced that they have partnered with MyEtherWallet to support Ethereum on their device as well. Other currencies supported through TREZOR are Dash, Zcash and Litecoin (via Electrum LTC market since 2014.

Would you mind posting the source when you're commenting using the content from someone else?
https://99bitcoins.com/ledger-nano-s-review-bitcoin-wallet-better-than-trezor/
It's so boring to read people here when they are just stealing some folks on the web.

Quote
...Ledger was founded in 2015 in France. The company has since gained substantial traction in the Bitcoin and cryptocurrency sphere and has grown to be a worthy competitor to SatoshiLabs (the creators of TREZOR). TREZOR, on the other hand, has been on the market since 2014...

...TREZOR recently announced that they have partnered with MyEtherWallet to support Ethereum on their device as well. Other currencies supported through TREZOR are Dash, Zcash and Litecoin (via Electrum LTC)...
6885  Bitcoin / Bitcoin Discussion / Re: Have you ever knows that Stephen Hawking have talked about bitcoin or crypto? on: March 15, 2018, 04:16:32 PM
Have you ever knows that Stephen Hawking have talked about bitcoin or crypto world before died? As long as we know, he was not interest for a mathematic and physics only.


Nobel Prize winning physicist, Stephen Hawking, recently created a software within the bitcoin and crypto trading markets which has the potential to disrupt the distribution of wealth throughout the world. Stephen Hawking says that “Me and my team have developed a software, which gathers data from bits ...

Hawking has never created something like that. It was a scam advertisement from a binary options platform and when you asked the company for any proof that he has really written this algorithm, they were not able, because he didn't... You can search for "Hawcode" to find more about this story

here is your problem: You just copy paste content from a Medium blog here so reported by clicking the great report button
6886  Other / Meta / Re: Personal Identity - Message to Theymos on: March 15, 2018, 12:36:17 AM
OP is wrong because KYC is not for investors only, but for participants as well.

''-Lastly, By joining on my bounty program, You agree that we might require you to provide KYC at the end of campaign.''

Selling your private information is just another way these scammers will make money.

Don't participate in any campaigns that ask for info you are not comfortable with giving.



It's because the projects need to abide by the laws, there are several projects like this, with a condition saying they may need your personal information, (usually when you earned above xxx$) Yes, I mean the participants in the ICOs.
It surely depends on what part of the world they are, as laws may be different from countries to countries... There are many startups raising funds using the ICO model, it doesn't mean these startups are not supposed to abide by their laws

Theymos cannot refuse these campaigns because they are following their KYC laws and regulations.
6887  Alternate cryptocurrencies / Bounties (Altcoins) / Re: PesetaCoin Twitter Campaign [PromoPlugs] earn PTC by completing Twitter Actions! on: March 14, 2018, 01:12:29 PM
I think I sent a message to you but not sure if it has been sent correctly, got a weird page refresh, can you confirm it and come back to me please
thank you
6888  Other / Beginners & Help / Re: Kiwi quite new to cryptocurrency on: March 14, 2018, 12:48:52 AM
Well, with a dozen of cryptocurrencies in your portfolio you're not a total newbie. I don't know half of them personally. Because I have not a real interest in altcoins, (3-4 not more currently) My cryptocurrencies disorder stopped long ago.

As you can see it's all about how you believe in the project and making your own due diligence. You be interested in a crypto with a small community because you're interested in the project, to use the product they have to offer, or because you like their philosophy, etc.

Or you can use a crypto you don't give a fuck about it, you just plan to make some cash in a quick time and move to the next...

Welcome to the forum Smiley
6889  Other / Meta / Re: Why my messages keeps getting deleted on: March 13, 2018, 10:49:13 PM
Your posts have been surely considered insubstantial/useless, or "shit posting" if you prefer. Be happy because if it was some time ago some members would have added some swag to your profile, making it useless for what you're doing in the forum (mostly only for airdrops et al)

I dont post "Hi" "Or joined airdrop"

Well... LOL?

Hey, i have joined twitter and telegram.
Good luck!
6890  Other / Beginners & Help / Infographic: Proof Of Work VS Proof of Stake (An Overview for Beginners) on: March 13, 2018, 07:50:11 PM
I created this simple infographic good for beginners to give a quick overview of Proof of Work VS Proof of Stake. I didn't go deep to explain as it doesn't fit an infographic because there is a lot to say about it, too much for an image.
I am still in training mode with infographic so excuse me for the swag missing in Grin Feel free to give your opinion about it good or bad, bad is also good to consider (: )



Not enough for you? Here is a more deep explanation

Quote
What is Mining?

Without going into too many details, we need consensus because anyone can create a block; while we only want an unique chain, so we want a way to decide which block we should trust.

Mining is a process of validating a transaction or block in a network by the process of complex algorithms to prove and validate the correctness of the transaction and thereby add the new block to the chain. You would have heard this term “mining” and “miners” more in bitcoin than altcoins. What does it take to be a miner and do mining?

You need to have high power processor based computers running continuously with the complex mining algorithms.

When a transaction happens in the respective coin’s network(let us say in bitcoin network here for easy understanding), more the computing power and more the computers you have, you may get to validate the transaction faster than other miners in the network and hence may earn a fraction of a bitcoin as a reward.

Anybody who can have the above mentioned hardware and setup, can be miner

There are some alt coins which follow a different consensus process and/or algorithms that is not through the process of “mining” and hence they will be referred as “Not Mineable” coins

Proof of Work(PoW):

Proof of Work (PoW) as the name states is the validation of the work that happened and proving it is correct. Bitcoin and many alt coins follow this way of consensus to make sure the authenticity of the chain is good.

To understand how it works in simple terms, assume that you are in a math exam along with other students in a classroom. The student who can, not only come up with the correct answer but also can come up with the complete proof (steps in math terms) of arriving at the correct answer first gets the reward. As we know this needs the student with lot of brain power which naturally consumes a lot of energy from the body.

Now mapping it to the cryptocurrency world, “math exam” refers to the “transaction”, the “classroom” refers to the “world”, “Student” refers to the “computing hardware/computer” that runs the complex algorithms, “brain power” refers to the “computing power” and the “lot of energy” refers to the “lot of electric power”. I hope it is easier now to understand.

As every concept or approach may have its own benefits and downside, PoW has its own downside as below

· Requires more electric power which in turn costs the miner
· High computing power hardware which is expensive(not if you are a millionaire Smiley )
· Possibility of miners moving their hardware to mine a different coin if the reward is better there(loyalty)
· With more and more coins(like more count of bitcoins) getting released, miner’s reward would come down as the coin becomes scarce to mine

Proof of Stake(PoS):

Proof of Stake (PoS) is an alternate way of verifying and validating the transaction or block. This will pick the Validator (Equivalent of “miner” in the PoW) by the amount of stake(coins) a validator has and the respective age of the stake. If you have 100,000 alt coins (let us say Nxt coin which use PoS) in a wallet, it will have an age attached to it on how long you have it. Here the 100,000 Nxt coins is the stake. If you move your coins from one address (or wallet) to another the aging gets reset. This amount is like the security deposit which means the Validator holds a significant stake in Nxt coin with good aging is more committed and combined with many other factors, will get a higher chance to validate a block. This allows building a trusted and distributed network with loyal Validators (high stake of coins). The Validators earns the part or whole of the transaction fee. In PoS, it is not “mining” but “forging” which is done by the Validator who will process and forge a block to the chain.

This eliminates the below challenges from PoW and believed to have an advantage

· No need of expensive hardware(a normal laptop or computer running the respective coin’s Validator client will do as long as your laptop or computer is online)
· Energy efficient as it won’t consume high electricity as PoW does
· More loyal Validators …As higher the stake the Validators have for a long time, more chances for the Validator to be picked up for “forging” and earn the transaction fee
· Faster validations

In PoS, each validator owns some stake in the network, Ether in the case of Ethereum, that they bond. Bonding stake means you deposit some money into the network, and in some sense use it as a collateral to vouch for a block. In PoW you know a chain is valid because lots of work is behind it, while in PoS you trust the chain with the highest collateral.

There are much more differences between the various Proof of Stake algorithms that are being developed but I am limiting to what I said so far just to provide a higher level of differnces.

There are currently issues with PoS as well, such as a small group of people owning a majority of tokens/coins will be the Validators but it is still evolving and eventually more solid and robust will be out there at some point in time.

Ethereum is also moving towards PoS with its new “Casper” protocol and you can read more about it in the below link
https://blog.ethereum.org/2015/12/28/understanding-serenity-part-2-casper/
https://medium.com/@karthik.seshu/cryptocurrency-proof-of-work-vs-proof-of-stake-e1eee1420b10
6891  Economy / Service Discussion / Re: Developing a web page to show BTC in major exchange. Any Widget? on: March 13, 2018, 02:41:10 PM
Do you mean a widget that shows the BTC price? You could do your own by using each exchange API, or just use a working one like the one from Coindesk[1], Cryptocompare[2] or Cryptonator[3].

[1] https://www.coindesk.com/price/bitcoin-price-ticker-widget/
[2] https://www.cryptocompare.com/dev/widget/wizard/
[3] https://www.cryptonator.com/widget

I think he wants to say the Bitcoin price from different exchanges, similar to the "market" page displayed on coinmarketcap. It would be better in his situation to create his own.
Cryptocompare has nice widgets the only thing is the brand logo displayed ("powered by...) A good way to give your visitors to someone else
6892  Economy / Exchanges / Re: Is Poloniex trustworthy? on: March 13, 2018, 12:40:22 AM
There are several exchangers, where you can trade/exchange your altcoins without need to provide ID verification for example Bitfinex, Cryptopia, Livecoin and Shapeshift.

It's unacceptable that you even dare to mention Cryptopia as an option for people to make use of. If you do a few minutes worth of browsing through some threads here, and on social media, you'll see how many people aren't able to withdraw anything, and this has been going on for months now. On top of that, Poloniex has been taken over by Circle, which is backed by wall street banks. The deal was even approved by the SEC, and that alone gives Poloniex far more credibility than 95% of the current exchanges. The only exchange service you stated that is worthwhile and not messing up, is ShapeShift. The rest is either shady or very questionable....

I knew Poloniex was horrible with unacceptable customers supports, but as being acquired by Circle we can imagine a serious spring cleaning is coming soon. As for Cryptopia, I don't know exactly are the problem but I am able to use it without any problem (deposit, trade, withdraw)
6893  Bitcoin / Development & Technical Discussion / Re: Just a quick question on the lightning network on: March 13, 2018, 12:23:50 AM
Thanks guys for the replies.
Love this section, look like the only one safe from senseless posts

@newIndia
I am sorry but though the infographic isn't really explaining what LN is about, thanks for sharing I like reading such content.
But there is no answer to what I was looking for, and it rather briefly explains what is Bitcoin about and its popularity
6894  Other / Serious discussion / Anyone using Medium here? on: March 13, 2018, 12:13:18 AM
What's so special about this platform?
It seems popular in the world of cryptos, I think I've never seen anything else anyway.

Beside the fact, readers are reading on a clean interface without annoying ads, etc. then what? Is it just a matter to get a "Like" button (clap)?
6895  Bitcoin / Bitcoin Discussion / Bitcoin Microchip wallets and Implants😱😱😱 on: March 11, 2018, 10:23:21 PM

If you'are a fan of cold storage here is a new alternative to store your Bitcoin. I still wonder if it's just for joking or if it's serious



This kit contains everything you need to implant your NFC microchip, this can be done by a medical or piercing/biohacking professional



 implant chips can be set up to interact with:

Mobile Phone
Laptop
Front door/Backdoor
Car/Motorbike
Bitcoin Wallet
Push phone number(Vcard)
Push URL

would you inject it under your skin, do you think it's the mark of the beast
6896  Economy / Service Discussion / Re: what (prepaid/credit/virtual) card are allowed to be linked to paypal on: March 11, 2018, 08:46:08 PM
It usually depends on the country you're located in (the PayPal account precisely) and the country of the issued card (and sometimes on the possible verification process from the wallet). Paypal rules about this vary from country to country, and people usually don't know this, since they don't read the Paypal T&C. It's the same thing when it's about VCC
6897  Bitcoin / Development & Technical Discussion / Just a quick question on the lightning network on: March 11, 2018, 08:30:16 PM
After reading a blog post I am confused and wonder if I haven't read a wrong information. There is no limit on how many transactions it can handle, am I correct?

 And is it right?

Quote
The only way to attack someone is to actually broadcast some old channel-state which is unfavourable for the attacked individual. This is perfectly possible but if that happens, the Multisigs and time-locks are set in a way that such transaction can be preferably spent by the attacked person before the time-lock elapses and thus moving every single satoshi into one's own wallet so that the attacker will lose all his money inside that channel
6898  Other / Beginners & Help / Re: Trying to get referrals, how do you do it? on: March 11, 2018, 12:24:41 AM
This website is overused now, I mean too much popular, every satoshi hunters know this site already. I am even surprised you managed to get 2 refs from this forum. My advice is to look outside the Bitcoin world. Perhaps to people looking to earn some extra bucks monthly, you can introduce Bitcoin to them and then funnel this to your site... Blogging and networking have always been the best sources for this.
6899  Other / Meta / Re: Total disorder in the french forum Looking to see something done definitely. on: March 10, 2018, 05:45:42 PM
From what I've read in you explanation, I think your local board need more moderator, or maybe a new one.
Moderator's Job for moving thread to proper section, lock it when so many spam replies, or move it to trash can.
If the thing that happend in your description is all true, that  means the moderator can't do the job well. I don't know the procedure but you should ask for new moderator.

Excuuuuse me, but did you read the whole conversation and understand it? We're not asking how to join the French Chambre syndicale de la haute couture to become a grand couturier
6900  Local / Hors-sujet / Re: -- ELECTION D'UN NOUVEAU MODO -- on: March 10, 2018, 05:30:25 PM
Si vraiment vous voulez plus de modération dans la partie francaise, je vous conseille d'allé posté dans le topic dans la partie anglaise , ici ca ne sert à rien de proposer telle ou telle amélioration,et encore moins de débattre, y'a que vous qui lisez et personne de l 'administration ne peut passer son temps à traduire....
A force de voir des membres se plaindre, en quelques jours le probleme sera réglé. Satisfait ou remboursé!

Y'en a ras les bonbons de lire des posts traduits avec je ne sais quelle merde, (un petit video youtube...la terre qui tourne...) des sections ou c'est completement le bordel, et j'en passe...


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