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1441  Local / Other languages/locations / Re: Magyar (Hungarian) on: June 11, 2017, 06:10:47 PM
Yes i Think you are right on this point. Politicians / banks and cie don't know the cryptocurrency world.

About the VAT, it's not possible. Union European Court said "No" to the application of the VAT on Bitcoin

http://www.coindesk.com/european-exchanges-react-to-bitcoin-vat-exemption/
Yes, you are right, I found an arcticle about it, it's 15% now. And also this 15% is to be applied when you sell it to fiat.
There should be main difference if you are an induvidual or a company. Regulations are totally different. If you are an induvidual, and not resident, there are countries where the double taxation convention exists, that could also change the rate of the applied tax. If you are a company, small and medium companies pay 9% tax only applied for the earning before taxes.
1442  Local / Other languages/locations / Re: Magyar (Hungarian) on: June 10, 2017, 07:33:09 PM
Láttam a postot a metában, én is támogatnám. Igény valóban lenne rá, mivel a bitcoin.hu-n kívül nincs semmi hasonló (az is halott), jó lenne ha lenne valami communitynk nekünk is. Jó lenne ha láthatnánk magyarra fordított ANN-okat stb. Én személy szerint szívesen csinálnék fordításokat ilyen esetben.

bitcoin.hu fórum oldala él, mostanában nagyon is aktív.

Az ottani közösségi tagok most egy új magyar oldal létrehozásán dolgoznak - cryptovilag.com
Megvenni nem sikerült a bitcoin.hu domain-t, ezért az új oldal; erős háttérrel, sok hozzáértővel.
Még nem él, de hamarosan üzembe helyezik, a fórumon lehet jelentkezni segítőnek is.

Kb. innentől érdekes a dolog:
https://bitcoin.hu/forum/index.php/topic,2962.30.html
Na, ezt nem tudtam, köszi az infót. Smiley
Valaki írja be légyszi oda, hogy engem is érdekel, mert próbálok regisztrálni, de nem kapok aktivációs kódot, pedig nagyon sokat próbáltam...
Fordítás + cikkírás, meg ami jólesik Smiley
Megnéztem a spam mappát is, ott se semmi, normál beérkezőben sem, nekem gyanús, hogy mostanában már ez a funkciója se megy nagyon az oldalnak.
Néztem az új oldalt, a cryptovilag-ot, de még nem megy, gondoltam ott is lehet majd jelentkezni, de még semmi.
1443  Bitcoin / Bitcoin Technical Support / Re: Mempool? on: June 10, 2017, 07:18:53 AM
There is limited space on the block, so not all transactions (tx) waiting in the mempool can be placed into the block.   Accelerators are simply a commitment by the corresponding pool to include the requested tx over all other tx in the next block they find.
So I am guessing they would pay more? And is there more than one mempool?

Some yes.  Some offer it for free but with a limited quota per hour.  

There is one mempool per node in the network.   They should be similar, but not always identical.

Each transactions also has a slot for optional fees to be collected by the one constructing the block.   So transactions in the mempool tend to be added to blocks in a predictable way.   Most recent wallets come with a fee estimator to position the transaction in a favoriable place.

The accelerators is like a fast pass for future blocks found by the pool offering the service.
Is a node basically a miner? And what stops a miner confirming his/her transaction?
Miners are working for profit, so they are cherry picking the transactions with the highest fees (understandable, they have to pay the electricity bill monthly...). So it's not like the miners don't confirm some of the transactions, but the opposite, they are confirming only transactions with decent fees offered for the confirmation, the other transactions are hanging in the mempool, and waiting for a period of time that the mempool shrinks and has only transactions with similar or lower fees. If someone only uses a really low fee when submitting a transaction, the transaction can stuck in the mempool for a really long time, because people are usually raising the fees in order to get their transactions confirmed in time.
You can check number of transactions in the mempool e.g. here:
https://blockchain.info/en/charts/mempool-size?timespan=60days
1444  Other / Meta / [Board Request] Hungarian Section on: June 09, 2017, 09:45:37 PM
The Hungarian local thread is in the Other languages/locations, currently got a total of 32 pages in over 6 years, but the last 16 pages are done in the last 12 months, last 9 pages in 2017.
Nowdays there are parallel discussions in the Hungarian thread about various crypto related topics and it would be very convenient to use specific child boards for different topics, like news , new crypto events, alts, mining discussion, helping newbies to start etc. Now, if a language thread is in the Other languages/locations, all the discussion are taking place within the singular thread.
In the Hungarian thead, there are several forum members, who mastered themselves in different topics, like mining, alts, trading, etc. It's easier for them and for all of the members to just check the child boards they're interested in, so there's a need to create multiple threads about differentiating topics.
In order to achieve this, there's a need for a Hungarian section in the local board, outside of the Other languages/locations section.
About Hungary:
Hungary is in central EU, and is a relatively small country and in point of spoken foreign languages among the population, it's the last country in the EU, and it's upgrading really slowly. For most of the Hungarian newbies on the forum, it's a real challenge to find the Hungarian topic, because at the moment, the Hungarian topic is in the "Other languages/locations". And because of the language barriers, it's hard for the newbies to integrate into the community, without native help available and accessible.
There are a lot of Hungarian forum members (full, senior, etc.), who only realize that a Hungarian topic exists, only after spending years on the forum, because it's not easy to spot the Hungarian topic, it's hidden in the Other section.
If you sort the "Other languages" board for the number of replies (post count), Hungarian is only the 8th in the list. However, if you check the other languages (from 1st to 7th), you can find that from the 3rd or 4th language, they have created most of their post in the past, and nowdays they are not really active. Hungarian topic has became active in the last months (year) and seems improving in post quality and also in post quantity.
It would be really good to have the possibility to create a similar well structured board with specific child boards for things like alts, mining, etc. like the other languages have.
Please let me know if you can support this request, or please let me know what should be done to get this request fulfilled.
1445  Local / Other languages/locations / Re: Magyar (Hungarian) on: June 09, 2017, 07:40:47 PM
Most már tényleg megérdemelnénk egy saját nyelvi topic-ot, van már külön altcoin szekciónk, technical support, meg néha off is Smiley
Lehet, hogy egy kérdést megérne, csak azt nem tudom, hol kell feltenni...
Végül is, nagy gond nem lehet, max. maradunk itt, ha nem sikerül...
Szerk: Nyitottam egy Meta-t, hátha...
1446  Bitcoin / Bitcoin Discussion / Re: Bank in Norway now supports Bitcoin on: June 08, 2017, 08:21:33 PM
Nice!
As time goes by, bitcoin was accepted in a lot of countries and I can say, this coin improves a lot. Smiley
Yup, that is mean the corporations, government and other people had knew about the new technology of digital currency include the Banks so they has adopted bitcoins on their business, bitcoins is growing up right now in the future bitcoins will be the new gold and the altcoins will be the silver, they are good for investing in them​ especially invest in ethereum and bitcoins.
Your idea is interesting: "bitcoins will be the new gold and the altcoins will be the silver"
This makes sense, if you think about the limitations of current blockchain, bitcoin will be a kind of value holder thing like in the middle ages and alts like etherum, or any other alt that can speed up cheap low value transactions can act as the change in fiat.
In this case you will keep your bitcoins in offline/hw wallets and use alts for daily purchases and transaction with web wallets or mobile wallets. It will be possible that different kind of merchants will use different alts (different speed in transaction confirmation, needs faster for taxi and slower for a cafe or restaurant...)
Banks can join this ecosystem like a trusted part to help people keep their bitcoins safe (normal everyday people needs someone to trust and they don't have the knowledge to create secure offline wallets etc..)
1447  Bitcoin / Bitcoin Discussion / Re: Japan's largest Forex market opens Bitcoin exchanges to overwhelming demand on: June 07, 2017, 09:46:17 PM
when i heard this news a week ago or so when they were still in the finishing period of the new platform, i knew it is going to be big and i actually went ahead and bought some more bitcoin and we saw today price has gone up about $100 more. this may very well be the effect of this news.

and remember that Japanese used to be huge in bitcoin trading, Mt Gox which had 75% of the volume back in 2013 was based in Japan. and this is more like a come-back but this time regulated and much bigger.

I think Japan turned a new page after Mt Gox and learned from their mistakes. Do not expect them to tolerate any of that nonsense with these

new exchanges. In any way, they are not trading in Bitcoin directly... but rather in a tokens. No matter what token is involved, it is still directed

at Bitcoin and that is good. They did not throw out the baby with the bath water after MtGox.  Grin

If they include bitcoin into their existing forex platform, what would happen with existing bitcoin exchanges? It would be much more easy to trade with bitcoin on forex sites instead of 'shady' exchanges...
I know that altcoin trading is only possible on the exchanges, but if it will be possible to trade bitcoin for fiat currencies without a hassle, would anyone need altcoin for pump and dump game? There will be much more possibilities on the forex sites to trade bitcoin.
1448  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: June 06, 2017, 07:42:13 PM
currently using blockchain.info wallet, since I don't trade with huge amounts of bitcoin and I'm keeping it safe as much as I can and also, as soon as I recieve the bitcoin, I trade it asap for fiat so I barely have anything on my wallet right now. Smiley
I keep my bitcoin in online wallet because I know that my bitcoin is safe and secure. If you have an online wallet you can use it to pay bills and buy the things in the online market using your bitcoin in your wallet. Having online wallet is nice to all bitcoin users because they can deposit their bitcoin easily.

I hope that one day when you wake up, you will see all of your bitcoin disappear and you will send a thousand support ticket to the website and you will still receive nothing from them. Then, you will regret for using online wallet because they are all deceivers and robbers
Are you serious if all online wallets are robbers? Because I only heard few complaints from some people who lost their coins or money on their wallets, but to my knowledge those who lost their money said they lost their coins because they were hacked.
That's a huge trust issue man, that's not healthy. Not everything would be taken care of in an exchange or in an online wallet, you just have to protect it using your own. It's your fault if you left it hanging there in the online wallet where hackers could get it easily. There are websites that have protection but it's better safe than sorry. Control your private keys, and you'll be safe.
Then where should i keep bitcoin?
Is it if I keep it on blockchain.info still unsafe?
Are sites such as online wallets, exchanges etc that have been famous and most popular that has stood for a long time also has trust and positive feedback can still be hacked which means it is not safe for us to save bitcoin there?
Can you give a safe wallet recommendation to use, whether it is an online wallet or a good offline wallet to use.
Depends on the amount of bitcoin you want to store in the wallet.
Web wallets (without having the private key) could be safe for the amount you can afford to lose any time without causing problems to yourself.
Wallets on PC or laptop (having the private key) could be good for bigger amounts you cannot afford to lose easily.
All the other coins should be kept in safe place like paper wallet, offline wallet on PC without internet access, or in hardware wallets like Trezor or similars. The price of the hardware wallets determines that you need to have a decent amount of bits if you want to buy a hardware wallet. It's all about handling risk, you can decide your way depending on your own need.
1449  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank??? on: May 31, 2017, 07:08:23 PM
There is now Bitcoin Bank...

Just read this articles.
I hope this help.

Well, it's not a real bitcoin bank, it's an online bank that accepts bitcoin in order to top up the customers' checking account. They don't really deal with bitcoin, they just accepting it and exchanging it at the moment the bitcoins have arrived. It's a good idea, of course, to let people top up their account with bitcoin, but that's all.
If you think about a web wallet provider, it's nearly a bank too, you can open an account, they can issue a debit card to you, they keep your bitcoin, and you can send and receive bitcoin from or to your account. It's like a savings bank, the only difference is that they don't give you interest for your savings.
1450  Local / Other languages/locations / Re: Magyar (Hungarian) on: May 30, 2017, 08:31:09 AM
Hát az biztos, hogy elég nagy fluktuáció lesz. De a segwitnek szerintem elég pozitív hatása lesz az árra, lást Litecoin.

Amúgy, ha biztonságban akarod tudni a coinjaidat, akkor szerintem a legegyszerűbb, ha az UASF ideje alatt nem nagyon csinász tranzakciót, parkoltatod egy walletban vagy exchange-n, de előtte mindenképp nézd meg, hogy az az exchange hogyan áll hozzá az esetleges forkolt chainekhez.

Én tuti nem fogok spekulálgatni, inkább mindig hosszú távra tervezek.
Be kell tolni mindent a Trezor -ba oszt' 2 év múlva ránézni Smiley Exchange-en pl. nem tartanám ezekben az időkben, de aki kereskedik, annak nagy érvágás lehet, hogy most meddig ne tartsa ott, meddig biztonságos kereskedni még, stb....
Azt olvastam valahol még év elején, hogy a SW nem hard fork lesz, hanem soft, hogy nem lesz két lánc utána, mint BU esetén lett volna, de lehet, hogy azóta változtak a dolgok, majd utána kell megint olvasnom...
1451  Economy / Web Wallets / Re: To contact Xapo Support, please use our FAQs (https://support.xapo.com/) on: May 30, 2017, 07:33:37 AM
I've never used an xapo wallet to keep my bitcoin, now I'm looking for a web wallet for a low fees but with good security and safety. Whether xapo can be the exact option for the recommended web wallet?
I use it and it's OK. If you don't use faucets, you won't have problem with the fees (they charge fees if you transfer outside of Xapo, but if you transfer between two Xapo wallets, it's free (or ift was free last time I have tried)) You can apply for a debit card too, linked directly to your web wallet and you can spend your coins directy with that VISA card. It's pretty straightforward, I like it. Just be sure you don't need support, because it really takes time until they manage to reply to your question, they need to manage that part somehow better, but despite that they're a good wallet provider.
1452  Local / Other languages/locations / Re: Magyar (Hungarian) on: May 25, 2017, 07:36:18 PM
Hát, nem mindennapi pumpot kap manapság a crypto.. Cheesy  Cool Cool Cool
hát nem véletlenül... Én egy inkasszó után realizáltam, hogy mennyivel biztonságosabb is az ember megtakarítását Bitcoinban tartani, mint a bankban Cheesy
Azért a biztonság teljesen mást jelent a különböző kockázatok szemszögéből vizsgálva Smiley Ami mondjuk biztonságos a hatóságok ellen, az az árfolyam változásával szemben lehet teljesen kiszolgáltatott (és felfele jó, lefele meg kevésbé jó), ami meg árfolyamilag van rendben, arra rányúlhatnak a hatóságok. Az inkasszók azért nem csak úgy céltalanul keletkeznek és nem csak úgy találomra csapnak le a gyanútlan és vétlen áldozatokra Cheesy
Ettől függetlenül, amíg felfele megy az árfolyam (és ki lehet belőle szállni értelmes módon), addig ez egy tök jó befektetés
1453  Bitcoin / Bitcoin Discussion / Re: Bank in Norway now supports Bitcoin on: May 25, 2017, 04:49:16 PM
I would agree on diesik on that terms. It is much more likely on a oline shop platform and not much more on acceptance, I doubt thwt it was stated there that you can sell your btc to that bank right? But instead you can only purchase btc and only in the coin base
Truth be told, this bank is simply out to cut its own cake out of something that is trending and full of potentials and not necessarily an acceptance, the two should never be mixed up. And acceptance sure cant work because it would be against the interest of the authorities that regulates the banks.

The two should never be mixed up because banks and bitcoin are different.
Only newbies or die hard government haters believed for more than a second bitcoin is going to replace banks..
How?

I want to take a loan, where do I go? To the shrine of satoshi and pray?

I never visited that part of the forum myself, but folks are saying that there is a whole board meant specifically for loaning out and thus taking loans in bitcoins. I for one wouldn't give you even a single satoshi (you don't look trustworthy to me) but someone may be willing to help alleviate your pains if you are seriously looking for that (not for free, of course). Though I have doubts that you really want to take a loan

Since otherwise you would have known where to ask (for a loan)
It was only an example, I guess, to indicate that Bitcoin needs to improve to really be used for lending and borrowing. Now, there are just a few guidlines to decide if someone is eligible for loan or not.  Lenders' risks are only covered with a few kinds of collaterals, mostly accounts (login details kept at escrows). If someone defaults the loan, lender can only sell the account. This works as long as the accounts are sellable because of signature campaigns (if someone is not patient enough to wait to get Full or Senior). Interest rates are higher than in the real life (because of the higher risk). If lenders can cover their risks somehow in a more efficient way, interests will drop, and it will also help lending and borrowing.
1454  Bitcoin / Bitcoin Discussion / Re: btc38 trading above $2000 on: May 22, 2017, 07:38:54 PM
You should not forget Japan as well, the news of the Japanese acceptance has moved the price as well. After the announcement, BTC holders and newcomers are more confident to invest into bitcoin, so they're on long position now, and waiting for the price to rise further. At the beginning of the year we were around $1000 but now it's doubled. Do you know any gambler/trader or anybody, who could resist this opportunity? The question is as always, where is the top, and when...
1455  Economy / Economics / Re: The future of the paper money on: May 21, 2017, 09:37:16 PM
paper money has gained huge popularity as well as credibility so its future might be safe, generally, people are interested in using the popular forms of money, they are loving with paper money. paper money is using everywhere, every economy is running with paper money.
so it will last longer without no doubt.

paper money used on the past and until know because we know that this was issued by the governent, they are forcing us to use this as the trading mark or the value that your wealth will be. By the time cryptocurrency evades every nations, there would be decentralized moneytization and government cant stop it.

As mentioned two posts before, as long as the technical requirements won't be available everywhere, cryptos won't be a real competitor to paper money. It could be a competitor to bank card payments or to online virtual bank card payments or to fintech payment processor apps, but paper money doesn't need anything technical so it's like comparing apples and oranges.
In connection with governments, I don't know if there's anybody in North-Korea who can use bitcoin, so governments can stop it if they really want, but fortunately most countries' governments are not as strict as the mentioned country's.
1456  Economy / Economics / Re: Deutsche Bank Sued For Running An "International Criminal Organization" on: May 20, 2017, 09:11:42 PM
Quote
Having been accused, and found guilty, of rigging and manipulating virtually every possible asset class, perhaps it was inevitable that Deutsche Bank, currently on trial in Milan for helping Banca Monte dei Paschi conceal losses (as first reported last October in "Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts") is now facing accusations that it was actually running an international criminal organization at the time.

In the closely watched lawsuit, prosecutors used internal Deutsche Bank documents and emails to persuade a three-judge panel to rule that there were additional, aggravating circumstances to the charges the German lender already faces related to various derivatives transactions. As Bloomberg reported overnight, the material included a London trader’s "well done!" message to a banker who is now on trial.

The reason why prosecutors are seeking expanded charges against the German banking giants is that by allowing prosecutors to argue that the bank's market manipulation crimes were committed by an organization operating in several countries would lead to higher penalties if they win a conviction.

Predictably, Deutsche Bank's lawyer, Giuseppe Iannaccone, sought to block the move at Tuesday’s hearing, saying there wasn’t a clear connection between the original charge of market manipulation and the alleged aggravating circumstances.  “The trial for Deutsche Bank managers becomes more problematic after the judge’s decision,” said Giampiero Biancolella, an attorney specializing in financial crime who isn’t involved in the case. “If proven, the aggravating circumstance may increase the eventual jail sentence for the market manipulation to a maximum of nine years.”

As a reminder, Deutsche Bank and Japan's Nomura both went on trial in Milan in December, accused of colluding with Monte Paschi to cover up losses that almost toppled the Italian lender before its current battle for survival. Thirteen former managers of Deutsche Bank, Nomura and Monte Paschi were charged for alleged false accounting and market manipulation. Focuing on the German bank, six current and former managers of Deutsche Bank, including Michele Faissola, Michele Foresti and Ivor Dunbar, were charged in Milan last year for colluding to falsify the accounts of Monte Paschi (which itself is so insolvent it recentl got its third state-funded bailout) and manipulate the market.

As a further reminder, Michele Faissola is the DB banker who was implicated in the death of DB's senior risk manager, William S. Broeksmit, who was found dead in 2014 after committing a still unexplained suicide.

Going back to the accusation that Deutsche Bank is a global criminal cartel, the prosecution’s request to label Deutsche Bank an international criminal association hinged on events that occurred in other parts of the globe, including the possible manipulation of an index, which isn’t the subject of charges in the Milan case. Specifically, as Bloomberg previously reported, a 2014 confidential audit commissioned by German regulator Bafin said that Deutsche Bank employees may have manipulated internal indexes to help ensure the success of the deal. The study, requested by Bafin, said an internal Deutsche Bank review described “abnormalities” in the values of proprietary indexes used to set the price for the Monte Paschi deal in December 2008.

Quote
The internal Deutsche Bank report, which has never been made public, is cited in the Italian court documents seen by Bloomberg. "DB’s own trading activities were a significant factor in the observed ‘spike’ in prices and volumes," a portion of the bank’s document says.
 
On the afternoon of Dec. 5, 2008, just one minute and 57 seconds after the futures price underlying the index had spiked to a level required for the deal to succeed, a trader in London pushed the button on the "well done!" email, evidence introduced to the Milan court shows. The recipient was Michele Foresti, then the bank’s head of European fixed income.

Iannaccone, the lawyer for Deutsche Bank who is also defending Foresti, said the judge’s decision had to be respected and declined to comment on it. "We will clarify everything during the trial." While investigators at the Frankfurt-based bank couldn’t “unequivocally” link the spike to manipulation or the deal’s outcome, according to the Bafin-commissioned audit, the communications among the Deutsche Bank employees "provide a connection between the trading activity and the MPS transaction," the bank’s internal probe concluded.

Should the judge in the Milan case find Deutsche guilty of "running an international criminal organization", it will be a new low for the bank whose actions over the past several years have attracted global attention due to its criminal breach of laws and regulations in every market in which it has participated, resulting in dramatic and periodic executive changes, as well as the non-payment of bonuses for virtually all employees in 2016 as the bank's stock briefly crashed to all time lows last summer.

http://www.zerohedge.com/news/2017-05-18/deutsche-bank-accused-running-international-criminal-organization

Could this be evidence a "cashless society" where banks control, regulate and have a monopoly over all currency transactions is a bad idea?  Unfortunately for us, the mainstream media never reports on the indiscretions of banks & many other things and people who are in league with pro banker ideology.

For those who say pre-mined altcoins are scams & regulation would "fix" it. How does it feel to know banks engage in the same manipulation of assets at the highest levels with regulation doing nothing to stop it?   Cheesy
It will be the battle of attorneys from here, the trial could take a really long time. It's not a new thing that banks are using their power and tools to achieve their goals (more profit, more bonuses). It had a really hard impact on the market last time in 2008, when the bubble has popped.
However, in connection with Deutsche Bank, it is (was) one of the biggest one in Europe among banks, who have already started to develop their own system to be able to use bitcoin in the future (or to develop a system similar to bitcoin). If a bank faces difficulties like this and has hard time to maintain it's operation, the new developments usually stop for a while. This could affect the future acceptance of bitcoin negatively. (like wannacry)
1457  Bitcoin / Bitcoin Discussion / Re: Bank in Norway now supports Bitcoin on: May 18, 2017, 08:01:30 PM
In the future all banks will offer Bitcoin accounts for there clients.

I'm not sure in that, in my opinion bitcoin users doesn't needs banks, bitcoin already have all functions that banks offers for fiat currencies. Maybe but only maybe banks can offer something unique to us, but I have no idea what that can be, it will be interesting to see what will they do about bitcoin, because in my opinion bitcoin is a big threat for banking system.
I'm not sure that bitcoin is a big threat now. In my opinion, bitcoin is an interesting startup now from the banks' point of view, they think that bitcoin can be a real competitor for the banks in the future. Banks are trying to develop a similar but centralized system for their own purposes, they won't use bitcoin directly. Maybe they will let the people buy and sell bitcoin like a commodity or make it easier to buy/sell bitcoin thru bank account, but they won't let bitcoin to get integrated into their systems.
1458  Local / Other languages/locations / Re: Magyar (Hungarian) on: May 17, 2017, 08:29:07 PM
Hogy kell ide képet betenni?Huh
Macerás, nem is szoktam...
Fel kell tenni valami kép tároló helyre, és behivatkozni a kapott linket az I betű alatti, balról a második ikonnal.
Egyszer próbáltam, de mire találtam egy normális tárhelyet, ahol enged feltölteni, aránylag kevés reklámmal, meg minimális regisztrációval, már meg is untam az egészet...
Dobd fel valami felhőbe és szúrd be a linket és kész... akit érdekel, úgyis rákattint Smiley
1459  Economy / Web Wallets / Re: To contact Xapo Support, please use our FAQs (https://support.xapo.com/) on: May 17, 2017, 08:24:20 PM
There seem to have a new rates for the Outgoing Transaction Fees.  https://in.xapo.com/fees/
XAPO sent an email to the users about it. Well, I find it good enough, they will give users the ability to select a whether standard or high priority fee users would like to pay.

Quote
Hi,

We have an important announcement about your Xapo account that will affect you - so please read!

In the next couple of days, all Xapo users will begin to pay the miners fee themselves in order to send transactions out of Xapo.

No portion of this fee goes to Xapo, it is simply the fee that needs to be paid to miners in order for an outgoing transaction to be processed via the bitcoin network! This fee will be dynamically calculated based on the current network conditions and will be paid by you at the time of the transaction.

Due to the increase in transaction volume of the bitcoin network, we'd like to give our users some control over their transactions. That being said, Xapo will give you the ability to select which type of fee you'd like to pay - a standard or high priority fee - thus allowing you to choose how quickly you'd like for your transaction to be processed!

Please keep in mind that this will apply to outgoing transactions that touch the blockchain, but all Xapo to Xapo payments will still be free of charge!

Thanks for your understanding,
The Xapo Team

P.S. this is a no-reply email, but if need be, you can contact us!



It's understandable and acceptable, more or less. I just haven't got any information if this change has any effect on the payments paid with XAPO's debit card, which is connected directly to the web wallet, so I can say that every payment initiate a new transaction on the blockchain. Or, it's possible that XAPO somehow aggregate card transactions and sends out bitcoin in blocks or I don't know. Maybe it worths a question to the support (if they answer...). But I don't know how I would select the preferred fee during card payment... so it seems that it won't effect card payments, or they will use standard fees, without choice.
1460  Bitcoin / Bitcoin Discussion / Re: Will 'WannaCry' increase the global demand for Bitcoin? on: May 15, 2017, 08:04:39 PM
I think it is mostly Windows XP computers that are at risk.
Unfortunately, like the cash machines we use at banks, many old systems run NT and XP.
I dont think anyone would risk paying this damned virus because it doesnt have your secret key in ESCROW to guarantee data release.
In other words, you are paying for nothing, most likely.
so no, I doubt it will have an effect on Bitcoin price.

But it will make anyone who is interested in bitcoin have a bad reputation in some peoples eyes.
It will cause a bad reputation in the average joe's mind. My collegues mentioned the news about this virus, but they're not tech people, so they had only little understanding about the whole thing. They said, that the virus uses some kind of digital money, and that's only used by criminals and hackers, so it's an evil thing. The time and the situation was not the best to start educating them about bitcoin Smiley The sad thing is that things like this can only slow down the acceptance of bitcoin, if average people only meet bitcoin in similar context only...
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