BU proponents, ...'block scaling via Segwit' and 'pro a fork.'
i dont want to "block scaling via segwit"i just dont want core to block scaling via block sizeI believe the miners can be trusted with blocksize limit, partly because of their incentive to keep blocks small enough to propagate fast, and also their ( very real ) incentive to make sure users are happy with them. a vote for segwit, feels like a vote for locking ourselves in a 1MB block size FOREVER, because once we have LN, core devs will say things like " the settlement layer must remain DECENTRALIZED, if you have a problem with the 10$ fees go learn how to use LN, you dumb users that can hardly turn on a computer!" and then the users will just go join a altcoin without this self imposed requirements. core devs believe the LN is the will be the be all end all scaling solution, i dont, and i dont want to give them the chance to continue to block the long overdue block size incress I am not "pro fork"i'm just not going to pretend that a hard forks are evilsometime cores act like users are going to lose funds because the user didnt upgrade in time. what is more dangerous? user wakes up, none of his TX are getting threw, he goes online and finds out there was a HF and he must upgrade OR user wakes up, everything APPEARS to work fine, and unknown to him a softfork has been activated. |
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will they  accept the outcome of the cryptographic elections? We need a bitcoin electoral college! Problem solved  we have that, it called minning pools. they are expected to behave how they're contributing hashing power wants them to. |
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will they accept the outcome of the cryptographic elections? |
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Looks like a rounded top on huobi, heading lower?? (5min chart)
dont worry 750 is not sustainable by any means price must rise. i strongly suspect the biggest leg up has yet to be seen. in other news... Mike Maloney needs MORE! https://www.youtube.com/watch?v=lvHLUoi5taU |
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Well, no. It is not 'very far behind'. It is bereft of the cruft that core has added that the BU community does not accept.
Yes, it is very far behind. There have been plenty of bugfixed and improvements between 0.12.1 and 0.13.1 (excluding those that 'BU community' does not accept). Spin it whatever way you want, you epically missed the point of the post. your crufty post is bereft Lol! |
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"OMG I have to wait more than an hour some times to send my digital money"
Nah, use LTC ~15 minutes to get 6 confirmations, way faster than Bitcrap   |
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Why does everyone just stand around doing nothing while nullc / Blockstream / GMax takes over Bitcoin?
Did people say this when Gavin was in control and the Lead developer? People want their bread buttered on both sides. They complain that Bitcoin cannot scale to accommodate for mainstream adoption, and when someone develop something to address that, then they still complain about them. SegWit and LN is probably not the best option, but it is better than nothing. Increasing the Block size to help with the scaling problem, will only increase the possibility that we will have a spam fest and more attacks on Bitcoin. So what is your solution to the problem? LOL, The solution is a Hard Fork either with 1. Larger Block Sizes or 2. Faster BlockSpeeds Either one or both would increase transactions capacity, but both are irrelevant as are the BTC Devs, none of them can do anything unless the Chinese Mining Pools that control over 51% of the hash agree to it. Which is why you see these non-solutions being offered. There is nothing they can really do without the Chinese stamp of approval.  FYI: https://blockchain.info/charts/mempool-sizeBTC transactions are overloaded at the time of this post , with more than 2 hours going by without even 1 confirmation. LTC is working with transactions to spare, Chinese control it too.  now, we wait and see if minners agree to work toward reducing the traffic on chain, by diverting TX to LN Via Segwit. |
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If you still need to move between Bitcoin and Fiat, you will unfortunately have to make use of third parties to do that. They link your bank account to their services and that way you can buy and sell Bitcoins and then have that converted to fiat and deposited into your banking account.
Most of us, use services like Localbitcoin or we just go to meetups, where we trade between fiat and Bitcoin directly. The only option to own Bitcoin, is when you have sole control or access to your Private Key. If you share that knowledge with other services or transfer it into a service where you do not have access to the private key, then you do not own it anymore. < strictly speaking >
Sorry for sounding like such a noob, but what does "Private Key" exactly entail? How do I find meetups? I just started delving, and am binging and obsessing.  stand alone wallet software like bitcoin Core, manages these public / private keys for you. but you can print them out. public key( aka Bitcoin Address ) holds coins, you can share this address with anyone, and poeple can use that address to send coins to you the private key is used to prove to the network that you own the public key, and there by allows you to move funds from that public key(bitcoin address) to another bitcoin address its as simple as that. use blockchain.info, it FEELS like a web-based wallet ( and in many ways it is ) BUT the private keys to that wallet a stored locally on your computer. no one not even blockchain.info has access to this private key. However, this key is on your computer and your computer itself can be compromised. for long term "cold storage" you want to print out a public private key pair as shown above. keep asking questions good luck! |
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being tolerant of other cultures is 1 thing
doing nothing while this kind of abuse takes place, is somthing else...
i dont understand... kill these bad poeple get oil win-win. am i missing somthing?
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its hard to imagine how a sosisty can have such rule of law.
"get raped and you'll be jailed!"
is there a reward system for raping?
are rapist welcome there?
i mean come on, how dumb are these people.
dont boob them... Fucking rape them!
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If you sell an asset for a capital gain but do not expect to receive the money right away, you may be able to claim a reserve or defer the capital gain until a later time. Day traders make a living buying and selling stocks, and because it's their job, capital gains taxation may not apply.
A day trader is a person who makes his living buying, selling and managing these transactions. A person who works in the investment industry and makes frequent short-term investment turnovers, such as a stockbroker, for example, may be considered a day trader as well.
its different everywhere... poeple really need to talk to an accountant, and or consider secretly HODLing like a mofo till the end of time |
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A donation of securities to a registered charity or private foundation does not trigger a capital gain.  |
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i think the moral of the story here is, dont press the sell button!!  |
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unless the authority seems to be abundantly clear that I have to count every cashing out as a gain, even though I bought back more than I sold. Sounds like made up nonsense
...
i think your right... you only incur capital gains tax if you have MOFO capital gains! buying and selling, and sending money to and from your bank account, is not subject to taxation. what i did one year when i was trading more heavily and doing some arbitrage, is i outlined all the cash in and outs to and from my bank, add up all the in's and the out's subtracted the totals and this gave me my capital gains for the year. i've since given up that practice in favor of simply forever holding BTC  You are saying something that kind of supports my inclinations, yet on the other hand, we cannot really wish away the potential that there are actual gains "on paper" that end up being folded back into bitcoin. Accordingly, let's say for example I bought and sold $100k of BTC over the course of the year for an average price of $500 (that is from coins more than a year old) and sold them for an average price of $700. That would be 133.3 BTC sold and $26,666 of gain (on paper) ($200 x 133.3). That's also why I was suggesting, in one of my earlier posts, that if the amount of BTC traded were of a fiat value of less than $10k, then maybe it would not matter as much if you failed to report $2,666 in gains (on paper) versus $26,666 in gains (on paper)? Currently, my trading numbers for 2016 seem to be somewhere between these two (more than $10k but less than $100k), but if BTC prices appreciate more, we could imagine scenarios in which the gains on paper numbers become a lot larger, too. If I traded all of those BTC on one exchange, then I would have never been considered to have realized any of the gain, but as soon as I cashed them out to my bank and then move them to another exchange, then I would have been considered to realize a gain (from the cashing out). On one exchange versus between exchanges kind of seems like a distinction without a difference (except maybe it becomes more of a policing issue for the IRS to be able to verify what you are doing versus if they were to allow arbitraging). For tax purposes, if I have "on paper" $26,666 in capital gains income, then that would be $4k in taxes for money that I never had used in any kind of way because I reinvested it within a substantially short period of time. you'd really need to consult an accountant... it could be every time you press the F'ing sell button ( never mind cashing to your bank ) capital gains tax may apply. but i would assume the rules are profoundly complex and if you simply declare part of your income as coming from "hobbyist trading" your off the hook for some it(untill you actually "cash out for real"). or some loop hole like that... |
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unless the authority seems to be abundantly clear that I have to count every cashing out as a gain, even though I bought back more than I sold. Sounds like made up nonsense
...
i think your right... you only incur capital gains tax if you have MOFO capital gains! buying and selling, and sending money to and from your bank account, is not subject to taxation. what i did one year when i was trading more heavily and doing some arbitrage, is i outlined all the cash in and outs to and from my bank, add up all the in's and the out's subtracted the totals and this gave me my capital gains for the year. i've since given up that practice in favor of simply forever holding BTC |
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he can kill all the dealers and lock up all the users.
this might have a short term effect.
but IMO the root cause of the problem hasn't been addressed.
wont take long till dealers stop trading in the open, and users dont openly admit to anyone they are users.
at which point the witch hunt will be much harder.
right now its all too easy, to kill / lock up people, because a huge % of the pop has this drug problem and the gov didnt care, so they didnt care that poeple knew about it.
IMO, the better way to solve the drug issue is to educate poeple on drugs, and make ALL drugs legal controlled substance
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