Bitcoin Forum
August 18, 2019, 12:10:56 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 [127] 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 ... 824 »
2521  Alternate cryptocurrencies / Announcements (Altcoins) / Re: All you need to know about Gryphonxchange ICO on: April 24, 2018, 03:02:03 PM
they are not insured.. first lie of the website

they have measured their ICO funding in yet have not seeked/checked with FCA about the details of such. even if they accepted poker chips, or bitcoins or beanie babies or even milk bottle caps they would still be bound by some FCA rules because they are 1. uk based and 2. displaying their fundraising in
(this is why facebook games use X gems/credits and not even mention its going to cost when games want people to buy ingame things)
yes its a real thing. mention (even if not personally handing real uk money, your still stuck in a hole of complience)

they are not FCA complient.. as explained just one flaw above but there are others.
(offering an ICO is not as simple as do what the hell you like because YOU believe no one will chase you. simply with the foolish notion that other scammers think the same thing.. there are some complience issues beyond your narrow minded thoughts)

their policy is a script kiddie copy and paste job.. not a bespoke policy wrote spcifically for gryphon (shows lack of legal advice)

their policy literally tries to make it appear that if gryphon run off in the usual "we ben hacked but are secretly running off with your money" scam that they cannot be held responsible. but reality is they would be responsible (mark kerpeles learned this the hard way, as did trendon shavers and many others)

the reason im highlighting gryphon specifically is because i as a fellow brit done alot of positive work to get bitcoin established in the UK and i would hate to see UK media screaming out bad press when scammers run off with peoples funds, undoing the positive hard work many people do.
so yea whn i see such an obvious threat. im gonna speak up on it before it happens to warn people
2522  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Bitcoin.com do a social attacks to Bitcoin on: April 24, 2018, 02:37:23 AM
so many narrow minded people.. cant see beyond their brown nose

look at the big picture
here is the arguement
"OMG team 2 wants to use the brand bitcoin.. lets report/ban/lawsuit  them so we hand the brand to team one"
cant you even see the reverse psychology of the propaganda finger pointing..

you fools are playing right into the hands of centralising bitcoin into one team.

look beyond the which team should own bitcoin. and remember NO TEAM should own bitcoin.

bitcoin should have NO central point
bitcoin should have Nothing to be attacked because there is no single point

but by you defending core and declaring core the central point, by saying core should own bitcoin you are not keeping the community decentralised.

the reality is. if your storing a blockchain that goes all the way back to satoshi's genesis block of 2009 everyone is bitcoin.
 
now accept no single team owns the brand because no team should. thats what decentralisation is
so there exists bitcoin cash
so there exists bitcoin core

future conversations will be like
we accept dollars... "is that US or canadian"
we accept bitcoin.. "is that core or cash"

the US wont sue australia to make australia stop using "dollar"
the US wont sue canada to make canada stop using "dollar"

think with a rational decentralised mindset. stop thinking about protecting the core team
2523  Bitcoin / Bitcoin Discussion / Re: Dynamic Block Reward Idea-please critique on: April 24, 2018, 12:41:03 AM
On a side note... I am in need of some help hunting down historical price data of Bitcoin dating from the very beginning. I believe the first data points would be in 2010 but I want something comprehensive that offers daily average prices. blockchain.info has data only every other day which is an inconvenience when trying to determine correlation and coefficients. Do you know of a place I can get a CSV that has the data I need?

if you are looking for patterns or trends. you will see that the first big rise of 2013 occured not due to block reward changes. but due to the advent(creation) of ASICS. this happened in october 2013.. then mtgox 'hacked' drama killed that surge a few months later..

if you are looking for patterns or trends. you will see that the next big rise of 2017 occured not due to block reward changes. but due to the advent(creation) of forking the chains after core couldnt accept that they only had 35% vote on segwit. this happened around march/april 2017
(the december 2016 surge to mini sruge from 700-1200 and then drop was the initial segwit bip propaganda.. but died off in january when it only maxed 30%)
2524  Bitcoin / Bitcoin Discussion / Re: Dynamic Block Reward Idea-please critique on: April 24, 2018, 12:26:47 AM
critique:

1. bitcoin supply of 21m is not an issue. infact there are at code level 2.1 quadrillion units of measure. called sats. many people have said a unit of measure called bits(100 sats) would result in 21 trillion units of measure. which would be ok as a global medium of exchange unit.
EG 1bit ~ $1   1sat ~ 1 cent
if you think of bitcoin as "$1mill" or a tonne of gold.. and then think of bit as $1 or a gram of gold. you start to see that there is enough units of measure to go around

2. exchange markets are not influenced by the entire coins of circulation. or by the coins produced by a block.. the exchange markets are influenced by the amount of coins that had been voluntarily deposited on an exchange and then user chosed as to how much to put on a order line.
.
to explain further. even if we halted bitcoin production right now at ~17m coins. the markets will still fluctuate. one day an exchange may have 200k coins depositied but the volume per order line might only be 0.0001btc per price spread. meaning its very easy to move the price by just buying 0.0001btc. where as another day ach order line/price difference had 1btc per line. meaning it cost alot to move the price.
. then another day thier might only be 50k deposited because people are holding.. but again inside the exchange the orderlines could be thick or thin.

so in short. production does not control market suply/demand. for the simple reason that the current ~17m coins are not all locked into exchanges to be treated as 'supply' and not all coins that are deposited are sat on order lines.

3. though code/mechanics of economics cannot control markets. i understand your belief of your ida is more about persuading the emotions of trader speculation by hoping inflating/deflating mining rewards will affct their emotions.. but i cant see it happening beyond the first month. and then after that i would then see miners abusing the system to 1 month get thousands of coins. to then. get the price to drop.. to buy even more coins cheaply. to cause a price rise. then when the rewards slow down. they mass-sellof at a high. and they repeat this. causing constant waves bi-monthly

summary
i dont think its a solution to a stable market.
2525  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Bitcoin.com do a social attacks to Bitcoin on: April 23, 2018, 11:13:04 PM
Bitcoin core! That's funny. It's annoying such propaganda and misleading terms are sitting on the domain Bitcoin.com, but anyone who is seriously interested in Bitcoin and does their research will soon know that Roger Ver has been trying to push his agenda via misdirection for a very long time now.

i really like to ask this guys what is the name from ppl that use knots or bcoin or other code than core Tongue How they name their bitcoin version? BitcoinBcoin and BitcoinKnots? Cheesy

bitcoin knots is just a sheep node. made by a core member to pretend that there are other choices. but all knots offers is GUI changes, but will never be used as a decentralised choice of a consensus rule chance(upgrade) to oppose core.

core control the rules.

as for the brand name bitcoin.
NO ONE owns the brand name.. thats the whole point of decentralisation. so pretending that bitcoin core should own the brand name is like america arguing that australia should never say that australians use the dollar.. like america saying that canadians should never use the dollar. and that the only real dollar is the american dollar and all other dollars are fake and not to be trusted.

"dollar" is not owned by any country
"bitcoin" is not owned by any team

some argue this
(a)             _________   1
__________/_________   2

some argue this
(b)
____________________  1
               \__________  2

reality is this
(c)
                __________ 1
_________/
              \___________ 2

silly sheeppeople that want to defend a central team are fighting A and B
1 'we are the bitcoin
2 no we are the bitcoin

the reality is everyone is bitcoin. now accept no single team owns the brand because no team should. thats what decentralisation is
so 1 your bitcoin cash
so 2 your bitcoin core

future conversations will be like
we accept dollars... "is that US or canadian"
we accept bitcoin.. "is that core or cash"

america does not solely own the dollar
core does not solely own bitcoin

now get on with your lives
2526  Economy / Trading Discussion / Re: Invest in Bitcoin before April 27 on: April 23, 2018, 10:36:13 PM
I really regretted them when I decided not to buy BTC in the beginning of 2018. I missed the opportunity because of fear, bitterness and thinking, now I really regret the price. BTCs are rising and they are still rising further by the end of this year.

do yourself a favour
take an amount of money you would normally waste on fast food or a t-shirt you would only wear once.. and by bitcoin whenevr you have an investmnt itch that needs to be scratched.

remmber the money that would have been used on fast food would have just ended up in the toilet after ~6 hours of digesting the food.
so by investing instead of digesting.. you dont have to worry about losing it if the prices change. atleast that money isnt in the toilet
2527  Bitcoin / Bitcoin Discussion / Re: Iran bans banks from using cryptocurrencies on: April 23, 2018, 10:17:21 PM
I think this is the article regarding this topic, The ban is part of the country's efforts to stabilize its currency, in the face of potential US sanctions.

nope
thats a crypto website, misquoting a reuters website, misquoting a IRNA website, misquoting a memo it received from CBI
2528  Bitcoin / Bitcoin Discussion / Re: Iran bans banks from using cryptocurrencies on: April 23, 2018, 10:08:39 PM
standard memo, no law change. its just a reminder.
it does not affect private businesses or citizens.. iranian people can still handle bitcoin. but you will not be seeing a bitcoin ATM or a beanie baby vending machine in a iranian bank branch
It does affect the people who are planning to invest in the market, but there might not be a ban in trading as no one could ban them as it is a decentralized global market but in order to deal and trade cryptocurrencies you need to purchase the coins with fiat currency or you need to mine the coin as it is not possible with everyone.

BANKS cannot trade crypto

no where did the circular mention citizens or businesses

EG BANKS cannot trade beanie babies. thats why you dont se beanie babies being sold in a bank.. it does not mean beanie babies are banned from bing sold or bought by businesses or citizens..

please read beyond the title of a topic and understand the wording of the actual "news".
its nothing to worry about and just a reminder that BANKS will not have a bitcoin ATM, or a beanie baby or a tobacco stand inside a bank branch. all they can handle/trade is fiat.

the sooner this community stop just reading titles of topics and creating fud. by actually understanding the real details. the sooner the fud calms down and stops circulating and things go back to usual
2529  Bitcoin / Bitcoin Discussion / Re: Iran bans banks from using cryptocurrencies on: April 23, 2018, 09:10:49 PM

Well every country has their own issues, but since Iran Banks believes more on "All altcoin can be turned to money that can lead to money-laundering and believes that it can finance terrorism with their weapons and can be used as a way to transfer money from criminals to others" then I think they have right to ban it.

they are not banning it.
stop reading titles/headlines and reacting.. learn to research

its a reminder that banks themselves cannot handle crypto directly. just like you wont find beanie babies, tobacco, or socks bing sold in a bank.. its standard memo remindr about something that banks cannot and never have been able to do..

however
private businesses and citizens can use crypto
2530  Economy / Trading Discussion / Re: Invest in Bitcoin before April 27 on: April 23, 2018, 09:03:46 PM
speculators:

every day there are new speculator topics created by people with less than 250 activity, always muttering the same thing. about how other people need to get in or adopt bitcoin fast

will you please realise one thing.
you are trying to preach to the converted. there is no need for it. people on this forum already know of bitcoin.. its why they are on this forum (obviously)

its much like a preacher sitting in a church knowing everyone who attends church has some pre knowledge of religion. but the preacher still pretends people know nothing and needs to become religious

the majority of readers probably know more then you newbie speculators and understand that your just trying to pump so that you speculators can exit with fiat profits.. we get it. we understand your fiat greed and motives. but just understand this.

screaming at a bowl of baked beans that it needs more beans. wont make more beans happen. you need to go get some beans from ELSEWHERE and bring them to the bowl.

again,
if you want more beans. go out beyond this forum and go get more beans
2531  Bitcoin / Bitcoin Discussion / Re: Iran bans banks from using cryptocurrencies on: April 23, 2018, 08:59:56 PM
its basically a memo/reminder

that banks cannot directly handly crypto.. just like they cannot directly handly beanie babies, or tobacco.. the only thing banks can directly handle is FIAT..

standard memo, no law change. its just a reminder.
it does not affect private businesses or citizens.. iranian people can still handle bitcoin. but you will not be seeing a bitcoin ATM or a beanie baby vending machine in a iranian bank branch

so relax folks. its not FUD news nor fake news. its just a reminder of standard practice that has been going on for decades
2532  Bitcoin / Bitcoin Discussion / Re: Bull Momentum In Full Force on: April 23, 2018, 08:49:29 PM
speculators:

every day there are new speculator topics created by people with less than 250 activity, always muttering the same thing. about how other people need to get in or adopt bitcoin fast

will you please realise one thing.
you are trying to preach to the converted. there is no need for it. people on this forum already know of bitcoin.. its why they are on this forum (obviously)

its much like a preacher sitting in a church knowing everyone who attends church has some pre knowledge of religion. but the preacher still pretends people know nothing and needs to become religious

the majority of readers probably know more then you newbie speculators and understand that your just trying to pump so that you speculators can exit with fiat profits.. we get it. we understand your fiat greed and motives. but just understand this.

screaming at a bowl of baked beans that it needs more beans. wont make more beans happen. you need to go get some beans from ELSEWHERE and bring them to the bowl.

again,
if you want more beans. go out beyond this forum and go get more beans
2533  Economy / Exchanges / Re: How long does it take Poloniex to complete Open Orders? on: April 22, 2018, 11:54:20 PM
Placed an order to sell 12 BTC this morning about 10 hours ago and its still in the Open Order section. How long to actually complete the sell? Thanks

depends on the price you placed the order at.
for instance if you put the price at $12k each. you will have to wait for the markets to even get to $12k to even get to your order.
th top price was about $9027 so if you put your order to sell at anything higher. you have to wait for th market to get to your price

if you put an order BELOW the current market rate then it should have sold instantly

its not an auction house where the highest bidder wins or they match speculators at different prices. its market rate of live trades based on the market price.
2534  Bitcoin / Bitcoin Discussion / Re: Bitcoin become centralized with Lightning Network ? on: April 22, 2018, 11:38:08 PM
the requirement of a counterparty (co-signer) = no longer independant
(imagine difference between having your own bank account vs a joint bank account with your wife) = independance lost

its not peer2peer, its middle-men managed

hop model fails(only needing 1-2 channels). only hub/spoke model will work(nodes with large amount of channels). right now there are 1600 nodes. some nodes have well over 160 chennels =10% of control/co-signing authority
(imagine a hub(node with large amount of channels) as a local bank branch manager. it needs their authorisation(multisig signature) to make payment and they have facilities such as chargeback(CSV revokes) and 3-5day settlement(CLTV))

LN is just banking 2.0. each hub will be bank branches of hundreds of account holders(channel counterparties)

remember if a channel route limits its daily reserve for routing or runs out of funds your payment will not get authorised to be routed.
(meaning close your account(channel) wait 3-5 days for settlement(CLTV) then reopen a new account with another bank banch(hub))

LN is not an unlimited restrictionless system it was promoted as

read beyond the glossy padded fiction of reddit
2535  Bitcoin / Bitcoin Discussion / Re: What happened to Bitcoin revolution? on: April 22, 2018, 08:58:57 PM
Cryptocurrencies and specially ICOs must be regulated.  

wrong
here is my reasoning.

bitcoins revolution side stepped in 2014 when a certain team deemed bitcoin to not be a 'electonic cash':satoshi's white paper. and instead a investment vessel (store of value)
this made bitcoin be treated no longer as an alternative to fiat. but as a get rich gimmick to increase fiat. thus killing the revolution

they intentially took out the tx fee policy and did not evolve the block size to cause a tx fee civil war which renderd it near impossible to be treated as a electronic cash. merchants stopped accepting bitcoin as a payment method for their products and services.

then the team went after not wanting bitcoin to be 'peer2peer':satoshi's white paper. and instead try to make the community believe the only evolution they would allow was a off chain accounting system involving the requirement of a co-signer(multisig LN channel) and middle men(hop-hub) routing

next instead of the community seeking out "consumer protection laws" they wanted advocates to seek out "regulation". these are 2 very very different things.
regulators charge a huge fee to allow a business to operate. but then require the business to self report on its customers..
consumer protection is an insurance and criminal action group that customers can report on bad businesses

by saying regulation is good is putting up a huge price tag for businesses to start up. but then letting them get away with murder, while the customers suffer.

this is where regulations actually cause there to be a need for ICO's because suddenly ethical businesses need to fund raise just to start up. rather than just sell a product or service.

many advocates from before 2014 gave up trying to get more merchant adoption because of the wrong path that this teams roadmap has taken the community, as they have seen their hard work of merchant adopting prior to 2014 being undone recently by those merchants stop accepting bitcoin.

so let me be clear
regulations - no!!. it does not help users or ethical businesses
consumer protection - yes!! it helps consumers and ethical businesses

as for the evolution of the network, onchain capacity of legacy transaction types need addressing. because the non-legacy address types are all going to become multisigned addresses with schnorr to disguise how many and who the co-signers are. so that people no longer control their own funds and dont know who will backstab them to take the funds away.
2536  Bitcoin / Bitcoin Discussion / Re: Everyone needs to report the @Bitcoin twitter handle immediately on: April 22, 2018, 03:54:38 PM
bitcoin core is an altcoin, it doesn't accept blocks from the original client

original client satoshi-qt 0.1-0.7   oh look bitcoin core blocks are not acceptable to the original client
the brand name "bitcoin" was decoupled when core got involved in 2013-2014
the network is not a straight line. a fork (which there have been many) is self explanitory, a fork is a fork
             _QT
_______/             _
           \__core__/               _______core(segwit)
                        \_________/
                                       \_______cash

no one owns bitcoin
core owns bitcoin core
cash owns bitcoin cash

america owns us dollar
australia owns au dollar
canadada owns ca dollar

trying to say core owns bitcoin
trying to say america owns dollar
is like saying the dollar is centralised
is like saying bitcoin is centralised

put it another way.
amricans do not speak english.. you yanks speak american.. deal with it.. its tom@o not tom8o. stop pretending you yanks own everything
2537  Bitcoin / Bitcoin Discussion / Re: Everyone needs to report the @Bitcoin twitter handle immediately on: April 22, 2018, 03:20:41 PM
you can't call the 2018 version of USD something else (like Trump Dollar) just because they changed the technique of printing it, the paper, paint,... used in it.
bitcoin of 2018 which you are calling "bitcoin core" is the same thing with new additions.

you are also trying to define that a dollar belongs to america
sorry but australia can have the dollar too
as does canada, fiji and many other countries.

your argument is saying USD is the dollar
much like saying bitcoin core is bitcoin

which i rebut saying
so australia is not allowed to use the dollar, fiji is not allowed to use the dollar?
by claiming only america can use the brand:dollar you are giving america global control of finance
by claiming only core can use brand:bitcoin you are giving core global control of a network that suposed to not have control..

what you are not understanding is that "bitcoin" is not a straight line. its full of forks. some died off (2013 leveldb bug) some live on
but essentially no one owns the brand bitcoin and trying to defend a single team(core) should.. is the biggest fail for decentralisation ever

ok.. draw a line in the sand. and call that line the stepping out of the core defence camp
here is the line

now clear your head. open your mind to a reality beyond core. beyond teams. beyond finger pointing.

take a breathe. now think outside of the box.

in a decentralised network NO ONE SHOULD OWN THE BRAND BITCOIN
..
think of it this way
if there was a twitter username @dollar
who should own it?
america or australia or fiji or any of the other currencies that have dollars.

the real debate is not "only X should own Y" because thats destroying the whole concept of decentralisation.
instead its noticing the reality that no own owns dollar but
america has US dollar
australia has AU dollar

again america does not own dollar. america is US dollar but pretends it owns dollar.
the reality is we need to clarify to the wide world that there is more than one type of dollar
the reality is we need to clarify to the wide world that there is more than one type of bitcoin

so if someone says i have a dollar.. you ask asutralian canadian or us
so if someone says i have a bitcoin.. you ask core or cash
2538  Bitcoin / Bitcoin Discussion / Re: Everyone needs to report the @Bitcoin twitter handle immediately on: April 22, 2018, 02:30:40 PM
Strictly speaking, Bitcoin Cash is a fork, not an upgrade. This is phrased in such a way which suggests that Bitcoin Cash is a direct successor of Bitcoin when this is not the case. There have been precedents of newbies thinking BCH is BTC thanks to these antics.

bitcoin core is also a fork.. it is not following the same rules as bitcoin 2009-2014
bitcoin cash is also a fork.. it is not following the same rules as bitcoin 2009-2014

some argue this
(a)             _________   1
__________/_________   2

some argue this
(b)
____________________  1
               \__________  2

reality is this
(c)
                __________ 1
_________/
              \___________ 2

silly sheeppeople that want to defend a central team are fighting A and B
1 'we are the bitcoin
2 no we are the bitcoin

the reality is everyone is bitcoin. now accept no single team owns the brand because no team should. thats what decentralisation is
so 1 your bitcoin cash
so 2 your bitcoin core

now get on with your lives
2539  Bitcoin / Bitcoin Discussion / Re: Everyone needs to report the @Bitcoin twitter handle immediately on: April 22, 2018, 02:21:19 PM
ok guys.. think of it this way

america - we have the dollar
australia - we have the dollar
america - no we have the dollar
australia - no we have the dollar

.... reality..
both of you shut up you both have the dollar. no one can decide who should own the trademark of "dollar" because no one should. even zimbabwee should be able to have the dollar.

WRONG.
reality:
America has US dollar (USD)
Australia has Australian dollar (A$ or AUD) and 1 AUD is worth 0.77 USD
....
if someone gives you this:

Link
and tells you it is 5 USD then they are committing fraud.
and that is exactly what's happening here. they are advertising something else and giving newbies BCH and telling them it is BTC.
yes america has u.s dollar
yes core has bitcoin segwit aka bitcoin core

yes australia has AU dollar
yes ABC/unlimited has bitcoin cash aka bitcoinabc

but no one owns the trademark dollar
but no one owns the trademark bitcoin

by even thinking that core deserve the trademark bitcoin destroys the whole concept of decentralisation
by even thinking that australia cannot have the dollar and only america can use the dollar destroys the concept of australian independance

take off the core defence hat and take a big long hard out of the box look at the debate on the global scale
2540  Bitcoin / Bitcoin Discussion / Re: Everyone needs to report the @Bitcoin twitter handle immediately on: April 22, 2018, 02:07:29 PM
ok guys.. think of it this way

america - we have the dollar and its worth 0.81 euros
australia - we have the dollar and its worth 0.61 euros

america - no we have the dollar
australia - no we have the dollar

.... reality..
both of you shut up you both have the dollar. no one can decide who should own the trademark of "dollar" because no one should. even zimbabwee should be able to have the dollar.
Pages: « 1 ... 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 [127] 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 ... 824 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!