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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1241  Economy / Economics / Re: Are central banks losing control? on: March 11, 2017, 04:10:21 AM
Yes slowly but surely they are losing control. The people have an opportunity to take their financial freedom into their own hands finally, w and we're just loving it.
1242  Economy / Economics / Re: Is the SEC straight fucking with us now? on: March 11, 2017, 04:06:55 AM
It's denied for those of you that didn't see the $200 crash and can't seem to google anything. They fucked around and in the end said they wouldn't do it because it didn't abide by their 4580 rules ... who gives a fuck. Bitcoins are unregulated but they want them to be regulated before it's approved. It's never going to happen, but the ETF will happen eventually.
1243  Bitcoin / Bitcoin Discussion / Re: SegWit (25.5%) vs Bitcoin Unlimited (25.2%) on: March 10, 2017, 01:45:05 AM
What happens if there is 50/50 between BU and core and there is a hard fork? Do we now own bitcoin 1.0 and bitcoin 2.0 or do you have to switch your coins to one and hope you made the right choice? I've never been through a hard fork with bitcoins (or any alts tbh).

Your question was previously answered earlier in the thread
(as well as millions of other times in millions of other threads).


...
...
(4) If the hardfork occurs, your coins will be safe as long as you do not transact until it has
been shown to be safe. You will have the same amount of coins on both chains, both
associated with your single privatekey. It is best for noobs to wait and hold their coins until
the community and devs determine it is safe to move and how to move if there are any
special precautions.


Perfect thanks. I was just looking through and still couldn't find the answer. So I'll have bitcoin and a bitcoin clone then I'll just hang onto both and see which does better basically. As long as I don't have to do anything then it's pretty fool proof!
1244  Bitcoin / Bitcoin Discussion / Re: SegWit (25.5%) vs Bitcoin Unlimited (25.2%) on: March 10, 2017, 01:36:50 AM
What happens if there is 50/50 between BU and core and there is a hard fork? Do we now own bitcoin 1.0 and bitcoin 2.0 or do you have to switch your coins to one and hope you made the right choice? I've never been through a hard fork with bitcoins (or any alts tbh).
1245  Bitcoin / Bitcoin Discussion / Re: [Graphic] Bitcoin vs. The Government. on: March 10, 2017, 01:33:00 AM
I don't get the last comparison lol. I can buy literally anything with a Canadian Dollar but I can't buy anything at all with bitcoins where I am. I can buy things online, but so can anyone in the world.

Lol kind of random but by the title I was expecting this to be a graphic post as in blood / gore hahaha.
1246  Other / Beginners & Help / Re: is Bitcoin-address really dead if all funds are spent ? on: March 10, 2017, 01:06:20 AM
People are saying it's only a privacy concern but isn't it true that once you use your bitcoin address once it's less secure because it's encrypted differently? I swear I've read that somewhere...

Also, reusing addresses leads to higher fees in the according to bitcoin wiki https://en.bitcoin.it/wiki/Address_reuse
1247  Economy / Service Discussion / Re: Beware of new scam giga watt miner hosting on: March 10, 2017, 12:47:41 AM
Do you have any proof that they're a scam? I mean yeah it's sketchy but I mean aside from the obvious, most "miner hosts" are scam attempts. Did you deal with them directly or did you see proof somewhere?
1248  Bitcoin / Bitcoin Discussion / Re: Everything is going to be ok. on: March 10, 2017, 12:45:16 AM
I don't know, all this infighting lately surely seems weird to outsiders. Also the slow transaction-/high fee-problem must be addressed asap.

Otherwise things are looking great. Tongue

Yes, I'm sure it is weird to newbs. The "Core" developers do not own Bitcoin. They have been blocking attempts to address scaling while trying to implement a half-baked solution that directly benefits themselves and cripples Bitcoin. What you are seeing is the market rejection of Bitcoin Core.

This. If it only benefits a few then it's never going to take off. That's the whole point of consensus. In the long run we'll be fine, but I'd like a permanent solution to the whole block size situation that's been going on for ... years?
1249  Bitcoin / Press / Re: [2017-03-09] Bitmain (Antpool) will refund mistaken 2.5 Bitcoin fee on: March 09, 2017, 10:14:16 PM
Miners should be able to easily detect erroneously high fees in the same way they detect transactions with too low a fee and also reject them outright.  There is no philosophical argument required.

 

Nah, then someone else would mine it and possibly keep it. If you know in the end you'll do the right thing you should definitely take it and if they come to you asking for it give it back. As a large mining pool I think this is pretty much expected, otherwise they have a terrible business and I would never use them! That's like a bank accepting a $3000 fee then not refunding it when the customer says they made a mistake.
1250  Economy / Economics / Re: A 'Base' Price of Bitcoin at US$180,000 on: March 09, 2017, 10:10:58 PM
There are a ton of different ways of looking at this but in the near future bitcoins aren't going to have the same market cap as gold. Everyone and their dog understands what gold is, how it works, why it's valuable and why to invest in it. Bitcoins are much more similar to investing in a brand new tech startup company. Just because the price of a unit is the same doesn't mean the market caps will ever be similar.

Did you know there are about 15 million millionaires in the world? Assuming there are 15 million people with 1 bitcoin each and other people have less, wouldn't it make sense that each bitcoin be worth $1 million? The math checks out, but it's not going to happen in our lifetime.
1251  Economy / Speculation / Re: New bear market. Bulls just got slapped in the face. on: March 09, 2017, 09:47:44 PM
ahaa, good old  kwukduck . I must say i have not missed you but i knew as soon as i did see the red candles you would start a doom thread.

Hahahaha bitcoin surges 200%, kwukduck says that a crash is imminent. Bitcoin dips 10%. Told you so. Hahahahaha! Even twice a day a broken clock tells the correct time. Hahaha.

Kwukduck you seem to have made an awful lot of spelling mistakes in your OP, maybe too much champagne for your small victory? Btw, we're seeing steady gains now that a whale has offloaded Wink howboutda!?!?
1252  Economy / Speculation / Re: expecting correction? on: March 05, 2017, 04:05:00 AM
$1000 is the lowest option? If the ETF doesn't go through I'm thinking $900s, if it goes through we'll see steadier prices, maybe even a rise.
1253  Other / Beginners & Help / Re: Give me some advice. I am new to this. on: March 05, 2017, 04:00:42 AM
I need information on how this website works and how I can earn BTC thru campaigns. I would really appreciate links and comments so that I will be able to know the right information about BTCs. Thank u.

You came here solely to join a signature campaign? Holy shit that sounds awful. Most people are here to learn about bitcoins, talk with like-minded people and trade. If you're just here to earn a few Satoshis there are so much better ways to earn money. Bitcoins are money, don't ever forget that. So if you wouldn’t work for $1/hr irl why would you want to do it for the same amount but in bitcoins?
1254  Economy / Gambling discussion / Re: Can you beat the house edge on: March 05, 2017, 03:57:38 AM
Changing odds gives the house even more edge over your chances of winning, only way is to play 50-50 then there is no house edge.
And if you trying to just play for fun knowing that you'll lose at the end of the run then you're an idiot, gambling is only fun when you let your chance to decide(50-50).
The house and the odds at which you are playing are entirely different. It has nothing to do with the rolls but house edge will make a difference at any given point of time. But do not assume that you are playing without a house edge if you are rolling with 50 /50 ,that is not the case .The only site that provides a house edge of 0% during happy hours is crypto games .
As i saw on the past regarding on cryptogames 0% house edge which is really great but doesnt matter at all in longer runs even on 50-50% chance. Winning isnt a guarantee and speaking of house edge we can beat them if we are lucky.
i do not think that there will be every 0% house edge. i think the only way to make money and run a casino is to get some house edge, i think in some cases we can beat house edge like in sports games we can beat a hose edge.
if you calculate by yourself ( actually there a lot of calculation have been made out there ) about how much sportsbetting having house edge , it's has much bigger than casino house edge which average 1% or so. where sportsbetting have house edge more than that. even with analysisi or something it's really hard to beat them in the long run.

Yup, in the long run. If you are a gambling addiction you'll have a hell of a problem losing to house edge. If you occasionally gamble for a little fun then the house edge is less apparent. If you win you walk away and keep smiling while the addicted gambler keeps going and going until it's all gone.
1255  Economy / Economics / Re: Bitcoin has defeated gold on: March 05, 2017, 03:54:53 AM
I think you need to wait and see if the price stays for long time then you can make that claim cvehemently.

yeah you right, it's not permanent price

True, that and gold's market cap is massive. It's a poor comparison. This is a good way for mainstream people to understand how well bitcoins are doing right now though, that's for sure. Anything that gets positive bitcoin news out there is a good thing.
1256  Economy / Services / Re: Quick way to get $2 in BTC on: March 05, 2017, 03:51:42 AM
You need to change your title. I'd say just try to write up a post here offering to buy $2 in bitcoins but don't offer something sketchy like paypal because you'll probably just end up with a lot of haters and negative trust.
1257  Economy / Trading Discussion / Re: Can you think , better time for trading ? on: March 05, 2017, 03:49:52 AM
You can buy shitcoins whenever you want, it's still a flip of a coin. Most coins are just pumped by whales and dumped onto losers. The end.

The best time for trading is when the price is volatile because the margins get bigger and bigger.
1258  Economy / Speculation / Re: POLL : ETF approval or disapproval on: March 05, 2017, 03:47:56 AM
I think it's going to happen this time around. It just seems like bitcoins have taken such huge strides in recent history so they're proving to be viable. People are definitely interested in bitcoins and this is an easy way in.
1259  Economy / Services / Re: Hiring Bot Developers Ongoing Work on: March 05, 2017, 03:46:00 AM
What's the pay rate? We'd be paid in bitcoins right? Is this a contract position or would you be willing to use a forum escrow?
1260  Bitcoin / Bitcoin Discussion / Re: Bitcoin and UK Tax? Cashing out 100+ BTC's on: March 04, 2017, 02:26:32 AM
If we were talking about a one time 5000£ withdrawal then I wouldn't see an issue but with such a huge amount you're pretty much screwed on getting taxed. It's not income tax though, so don't worry about that. It's capital gains.
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