LOL I wonder how some one will pay for one burger and pay fee in bitcoins. Fee will be like 100 burgers price lol.
Unless this is solved first, I don’t think that having bitcoin as a payment method in KFC would be the best option. Other than the fee being too high, the confirmation time of transactions take too long. Also, the price of BTC is constantly changing. What’s $5 now may not be $5 in a few minutes. Although this wiuld bring good popularity for bitcoin, I don’t think that it’s possible. This is just for markenting, but it's good for bitcoin as well. But if they started to talk about bitcoin, it's possible that when LN goes live and spreads worldwide, KFC will be among the firsts who develop their system to accept fast bitcoin payments. Until then there's only the markenting, and it works, because we're talking about KFC for 3 pages now on a worldwide forum |
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good morning, I want to ask about bitcoin transaction in wallet blockchain already 4 days not in confrim, status still remains Unconfirmed Transactions!
The more strange but the real, then I send money 108 $, but after 4 days even be 121 $.
do I receive a bonus?
You can include the transaction ID into your post or into a new post and we can have a look at it. Usually transactions are stucked because of low fees (compared to the average fee on the market at the moment) so all you have to do is send your next transaction with a proper fee and you'll be fine and the transaction will be confirmed in time. Now with your recent transaction, we can only tell something if you share your TX ID. |
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In retrospect, the launch of bitcoin futures one month ago has proven to be a modestly disappointing event.
Personally, I'd say that the less volume there is on futures exchanges the better. Since the trades are settled in fiat and there's no use of crypto in the process, it doesn't make much sense for something which is at least supposed to be a currency. However, now that futures are available it gives major organisations an easier option to manipulate the market. It would be a lot harder to trade huge amounts on typical Bitcoin exchanges, especially when shorting or margin trading. Since they have a better opportunity to bet on a price collapse and yet the volume on futures exchanges is low, doesn't that mean that "big money" is not betting on a Bitcoin price collapse? There should not be a really direct effect on the crypto prices if there are trades on the futures exchanges... Bitcoin is now traded and bought by average people too, there are a lot of newcomers who has no idea about the basics of bitcoin... They have seen it on TV or heared it from the neighbours so most of them have no idea about the normal exchanges, so they surely won't follow the actions on the futures markets... The only thing that can make the futures exchanges to have direct effect on bitcoin price is the media, if the big financial sites will start to predict the bitcoin price, based on the futures market, and this way the average people will do what the big news sites suggest them. This way, no matter how little is the trading volume on the futures, they can have huge impact on the bitcoin price... |
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All these cards where issued by the main company by name wave crest holdings. Recently Visa banned all of our cards for reasons which I am not aware of. Hence most of the Crypto Cards and the contracting companies like Cryptopay, Bitpay, Spectro and etc are all down and working on the alternatives.
I believe there are some companies which are directly associated with Visa. You can try TenX or Monaco should work hopefully. But not 100% sure if it works in Europe or Germany though.
The official communication was something like this: WaveCrest (the card issuer of the bitcoin linked VISA cards, a company based in Gibraltar) has been warned several times by VISA because of not following the rules, and the last time all of the WaveCrest issued cards has been shut down by VISA. Most of the bitcoin cards were issued by this company, despite of that there were several bitcoin wallet providers with card systems, the physical card's issuer was this company, the card was only rebranded if it was needed. Those bitcoin wallet providers are now looking for replacement card issuer company but because of the regulations it's not as easy now as it was before... |
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Unfortunately debit cards services stopped in most provider for citizens outside of EU zone and that not acceptable at all for the rest of the world . hope you get an answer from them and i did a little research about that where i found UK company called Mychoice support many of those sites which stop their service outside of EU countries .
Even within EU it is now hard to get a good debit card. I used to use Xapo which suddenly stopped and I think most of the debit card using visa is stopped! I am still looking for a better alternative. So Far I am using payeer. It's not great but can be used as last resort. I'm sure XAPO and the others are also looking hard for the solution to this problem, so if there will be an acceptable solution in the near future, we'll be informed. The bitcoin linked debit card was an easy way to use bitcoin at the merchants, it will be hard to replace it with a similar method. The other solution is to get merchants to accept bitcoin somehow, without the middlemen/3rd party providers, but this is also a long story... |
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Basically I just use a macro on 4 different browsers and I would say 70-80% of the time I'm able to get my transactions in. Nothing special really .
Thanks for the advice, I have successfully included my transaction in the ViaBTC queue now... The reason I was suffering with it for days... guess what... my system time was in a delay of 30 seconds... so when I usually pushed the button for submitting the tx, the queue was already filled and that was the reason why I had no success for days now. I don't know why, but I have just checked the UCT somewhere and that time I have realized that my system clock was the problem.... I have syncronized it and voila... The next try was a success (I mean just including, I have no confirmation yet, but I hope in the morning it will have some already...) Thanks for the advice, anyway, you've helped me a lot! |
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There was Tenx who had a working card but then the whole Wavecrest debacle happened and now we are here. They are in talks with another provider but they can't leak any details as of yet which sucks but I am confident they have somebody else behind!
WaveCrest shutdown has affected most of the bitcoin related debit cards, most of them used WaveCrest as a card issuer and service provider like XAPO, Tenx, etc... It just happened last week, so if the wallet providers had no backup plan to change the card issuer partner if needed, we have to wait maybe longer then we expect... And no anonymous cards will be present in the future, VISA has a clear regulation about AML and KYC. I know that the bitcoin debit card was the easiest way to use bitcoin for payments in real life, but we should wait for LN to start and it could also help the everyday transactions, we won't need a card but just a mobile wallet if the merchants will accept bitcoin payment via the LN network... |
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As Nostradamus prophecies explained the prediction about the world and in real it happen as true. As he mentioned in the poetical literature. Every French people know about him well. Here I want know, is there any facts he written about the digital currency bitcoin. As his prediction already China started increasing growth than USA. What about the bitcoins predictions?
People who read the prophecies of Nostradamus or who knows about it, just explain more to me.
I'm sure there are several predictions about bitcoin, as of about everything in the world, even about things we haven't invented yet... There's surely a chapter about a huge crash of exhanges and everyone who don't use offline wallet will face the disaster... Also, there's a prophecie about rising competitors as well, led by the dark side's warriors... And the last prophecie is the shorthest, it's only this: HODL  |
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How do you manage to get the tranactions into the ViaBTC accelerator for free? It's only 100 free spots and you have mentioned that you were able to include as many as possible while I'm struggling with one transaction to include into the free spots (for days now). If it's not a secret, would you please advice how to do it, to successfully submit a transaction into the ViaBTC accelerator? I know I need to be really precise to push the button at the very first second, but seems like mission impossible nowdays. In November or October last year I was usually able to accelerate a transaction in one to three tries, but nowdays it's just nothing... Thanks if you can advice how to do it! |
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I usually advice to use the ViaBTC accelerator, but nowdays I just can't accelerate any transaction with them, despite of I'm looking at the clock to press the button at the very first second... It seems that too many of the bitcoin users are trying to get one of the 100 free spots, so I'm a bit confused what to do now... As a very last solution, I can use a paid accelerator service, I know, but I'm still not in a hurry with my own transaction, so I'm still trying ViaBTC. I had a look at the free accelerators in the services section, maybe they worth a try |
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Simply will not work right now, wait until Lightning Network is enabled. Then you will be able to make the coffee and take the payment and it will be received prior to the customer leaving the shop. Gotta be patient dudes Until then you can run a test page where you can test lightning network payments for your cappuccino, like the Starblock page was an example for buying blockacino with prompt payment. Not a bad marketing idea, but not marketing is the important part of it, but system development. If you wait for LN to go live, you can be among the firsts to accept bitcoin as a payment. Prepare for that and you will win otherwise others will develop their system and go for the customers' bitcoins. |
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What does verifying messages and signatures mean and how is it useful?
I see this all over thr community but need help grasping what exactly it is.
It's used to prove that you own a certain address, and therefore to prove your identity, this is why there is a thread in the meta section to "stake your address". So the idea is that you post a bitcoin public address that you control, someone quotes it for you, and then if a hacker hacks your account, they couldn't edit a quoted post of someone else, so what you would need to do is to sign a message with the quoted address. I use Bitcoin Core to do this, it's really easy: https://www.youtube.com/watch?v=3oxM9_OCQKMThere are two different things here: 1. Verifying messages with signatures, in connection with a bitcoin address: It's used for proving the ownership of a bitcoin address (and nothing in connection with identity like ID cards or similar). If someone asks you to prove that you own the bitcoins of an address, you can sign a message with your private key and you don't need to give out your private key, because the other party can check the validity of the signature with your public key. So if you want to buy something and you say you have 1 BTC in the address xxxxxxxxxxx, the seller can verify that the address is yours and you can really send the BTCs if the seller ships. 2. Verifying the ownership of the bitcointalk.org forum account: This is the procedure described in the quoted post, if you want to prove the ownership of the forum account, post your bitcoin address in that tread and you will have evidence that the forum account is linked to the given bitcoin address you have the private key of, and you can sign message to prove your ownership. |
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I agree. Reducing Chinese influence will indeed make the market more decentralised than it right now is because China is a big country.
I've read somewhere that the news is fake, but who knows... If the same miner groups moves out from China and settles in a different county, that won't make the market more decentralized... only delocalized, in the meaning of physical location, but nothing else... The Chinese miners were offered to go to the northern Russia, where the climate is really cold in summer too, not only in winter, electricity is cheap and they have some dodgy old nuclear plants they can switch on again if needed... I know that the miners won't move to Russia but somewhere like northern Canada or similar places, but as long as they belong to the same pool it doesn't mean that the influence of the Chinese miners will fall. |
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As long as you can only exit from the cryptocurrency market with BTC or maybe with ETH, if you wanto to cash out to fiat, bitcoin will not be passed by any other alts. The reason is, that if the trend turns down and all the alts and also bitcoin falls, the only thing you can do to save your funds is to sell the alts, buy the bitcoin and after exit. If you (and the others) magage to sell your alts the price of the alts will go down, and the price of the bitcoin will go up meanwhile. Bitcoin exchanges won't be able to process the bitcoin to fiat orders quickly enough, so you will stay with your bitcoins for a while. This will give some time to bitcoin to stop the fall and raise again and in the end the alts will be down but bitcoin won't. So I don't expect that the alts will overtake bitcoin's position in the near future.
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So i need to convert my btc to ltc? To have lower fees?
If you have already sent your transaction, you can do nothing but to wait (or resend the transaction with higher fees, but as you are new on this forum, it's possible that you have to read a bit how to resend a transaction with higher fees). Or, you can use transaction accelerator, like ViaBTC (check google for free acceleration), but it seems that it's really famous these days, I hardly get a free spot for days now, but it's possible that others have better luck to catch a free spot. You can try it at full hours, otherwise it's full. |
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What if you use a mobile wallet for this purpose? It's able to scan a QR code, and you can do this while you're in airplane mode, so no one will be able to take your private key while you're working with the paper wallet. Before, you can save your trezor's address (where you want to move your coins to) in the mobile wallet's address list, so you can create the transaction (sending from the paper wallet to trezor) on the mobile phone in the mobile wallet and sign it, and you can reconnect the network when you broadcast the signed transaction. This way you can send all your coins to the hardware wallet, and because you don't want to use the paper wallet anymore, it's not a problem if the mobile wallet contains the private key of the empty paper wallet.
Thanks for the reply: I haven’t swept my paper wallets but using your suggestion of using a mobile device to QR scan Is there a chance the mobile device could be compromised? From your reply, I’m gathering that the best way to do this would be to scan with mobile device in airplane mode, while also directing the go to address of the signed transaction to be the new address that I’ve created on my trezor? That way, once I plug into the internet...the transaction will happen? Don't act too quickly, wait for some more suggestions. There's a chance that mobile devices are compromised already, so you should search (wait) for a few other solutions and choose the best, that has the less risk. I have read that some mobile wallets has been compromised on iOS with a QR code scanner malware, I don't know the app which is affected. I don't know also if Android apps are affected or not. Just wait for some more advice from forum members, there will be a solution sooner or later. I have read about solutions that includes linux live cd operating systems for setting up temporary wallets for loading the paper wallet into it and signing a transaction and moving this transaction on a USB stick to an internet connected PC to broadcast the transaction, so there are more possible solutions to concern. Also, you can search on the forum for similar questions, too. |
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Bitcoin has attracted a millions of new users after the exponential growth in 2017. Which caused bitcoin network to slow down and increased the transaction fees. The network is facing this scaling issue due to the increased number of volumes generated by the new as well as existing users. I believe a lot of exchanges are simple not ready to handle such kind of huge volume and that is the reason why they are on the risk of crashing. That's why they are denying new user registration. However, I believe once the network normalizes, the exchanges who are denying new users will open up for new registration again. I see that Poloniex is still accepting new users now however, you may experience delay in verification completion.
It's not only the new users that causes problems for the exchanges. Most of the biggest exchanges have faced regulations to implement KYC and AML as soon as possible. This means, all of the users have to verify themself with some ID or driving licence and they have to prove their state of residence too. This is a huge task for the exchanges to handle this verification process for the existing users, and also the new users wants to register, so they just can't handle the workload. They have to meet the AML and KYC requirements, so they just can't accept new users as long as they have problem with the existing ones. What is AML and KYC? AML: Anti Money Laundering KYC: Know Your Customer |
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What if you use a mobile wallet for this purpose? It's able to scan a QR code, and you can do this while you're in airplane mode, so no one will be able to take your private key while you're working with the paper wallet. Before, you can save your trezor's address (where you want to move your coins to) in the mobile wallet's address list, so you can create the transaction (sending from the paper wallet to trezor) on the mobile phone in the mobile wallet and sign it, and you can reconnect the network when you broadcast the signed transaction. This way you can send all your coins to the hardware wallet, and because you don't want to use the paper wallet anymore, it's not a problem if the mobile wallet contains the private key of the empty paper wallet.
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Bitcoin has attracted a millions of new users after the exponential growth in 2017. Which caused bitcoin network to slow down and increased the transaction fees. The network is facing this scaling issue due to the increased number of volumes generated by the new as well as existing users. I believe a lot of exchanges are simple not ready to handle such kind of huge volume and that is the reason why they are on the risk of crashing. That's why they are denying new user registration. However, I believe once the network normalizes, the exchanges who are denying new users will open up for new registration again. I see that Poloniex is still accepting new users now however, you may experience delay in verification completion.
It's not only the new users that causes problems for the exchanges. Most of the biggest exchanges have faced regulations to implement KYC and AML as soon as possible. This means, all of the users have to verify themself with some ID or driving licence and they have to prove their state of residence too. This is a huge task for the exchanges to handle this verification process for the existing users, and also the new users wants to register, so they just can't handle the workload. They have to meet the AML and KYC requirements, so they just can't accept new users as long as they have problem with the existing ones. |
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