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1541  Bitcoin / Development & Technical Discussion / Re: Testnet Faucet on: February 10, 2020, 04:42:24 PM
Don't you think it would be a good time to reset the whole testnet (or just start a new one on a side), so that anyone can play with it as much as they want.

i was thinking the same when i found out about the current reward, but you have to realize that testnet difficulty drops to minimum quite often and miners can potential burst mine lots of blocks to get a lot of reward in total.

additionally there currently are at least half a dozen working testnet faucets that pay from 100k to 1 mil satoshi per claims that are ranging from 15 min to 12 hours. these amounts are more than enough for majority of tests that developers want to perform.
for anything that requires any higher amounts (which are extremely rare cases) they can always run their own testnet using a self contained network (eg. testnet in a box) and run their tests.
1542  Other / Beginners & Help / Re: Web traffic dynamics of crypto exchanges in January 2020 vs December 2019. on: February 09, 2020, 04:19:59 PM
i'm wondering whether a twitter handle called ICO analytics is even a good source of information specially when you see the name of the worst exchange in history (yobit) is placed in rank #6 above Kraken and Bitfinex!

it would also be a lot more accurate to use trading volume instead of "web traffic" even if the exchanges fake their volume it still covers a large number of traffic that are using their API and won't show up in web traffic.
1543  Economy / Speculation / Re: Bitcoin price: $ 12,000 is no longer out of reach on: February 09, 2020, 04:07:32 PM
Bitcoin price: $ 12,000 is no longer out of reach
$12k or any other much much higher price has never been out of reach. it was just the newbies on the internet specifically those on twitter that were thinking it is!

Quote
As cryptocurrency analyst Eric Hoka tweeted
exactly my point. you should stop following idiots who say random crap on the internet and start forming your own analysis. i assure you that the worse analysis of yourself is 10 times better than these guys'.

Quote
given some technical signals and the halving event of bitcoin is approaching, I believe bitcoin will soon retest the $ 10,000 mark this month, even $ 15,000.
this rise has little to do with halving, the halving rise is going to be a lot bigger than a tiny 5% rise.
1544  Economy / Speculation / Re: Is 12K USD is the next target?/ on: February 09, 2020, 03:40:43 PM
i have been expecting a big FOMO for some time now: https://bitcointalk.org/index.php?topic=5215732.0
but i have not yet seen it happen. all we have seen so far was a very slow and solid rise from $7k to the current $10k+ with enough number of small corrections that leads me to believe that $10k can be a strong buy support.
but as for the FOMO, not seeing it so far can potentially mean a bigger FOMO on the way as there currently are a lot of investors who have been anxiously waiting for a drop to buy but are being disappointed by the minute as price rises. all we need is a small trigger to see a big 30-40% jump
1545  Bitcoin / Bitcoin Discussion / Re: There is no Satoshi Nakamoto as a person on: February 06, 2020, 04:21:26 PM
Lets just finalize this once and for all.
No one answer that name Satoshi Nakamoto, this is a name created by group of individuals and used the name as the owner of Bitcoin to divert the world attention because they know if their invention succeed, government might jail them.

finalize this? you just started a new endless discussion repeating something that has been said before and not provide any new arguments either.
it is never going to end unless people realize that it is not important who Satoshi Nakamoto is in a decentralized payment system.
1546  Other / Beginners & Help / Re: Actives Full Nodes of BTC, BCH & BSV on: February 06, 2020, 05:05:21 AM
the number of nodes has nothing to  do with hashrate (or number of miners). and my point was about the number of nodes. whether there are 10 nodes or a million node the transactions can't change without creating an invalid forked chain that will be rejected by everyone.
I was a bit misleading but I am not yet clear I guess in this issue. What's the exact benefit of having a lot of full nodes (not miners)? It's making the chain more decentralized, isn't it? Then how? Sorry if I have missed anything. I guess instead of "can not be altered a transaction" I can write "can not be overwritten"? Still it's same meaning.

being decentralized is a combination of both nodes and miners. we want both hashrate and nodes to be spread among as many people as possible and around the world so that there isn't any centralized point of failure.
having more nodes shows the higher distribution and less node less distribution.
for example in bitcoin even if someone had a very large portion of the hashrate they still couldn't create a fork without convincing all the nodes to accept that fork. if they forked their blocks would be rejected by the majority of the network and they will lose money. even if they controlled a lot of nodes (100 out of 100k) it still wouldn't make a difference.
but if there were so little number of nodes, and if that someone with high hashrate and a good number of nodes decided to create a fork they could easily do that because the network is small (100 out of 150) and the minority have no choice but to follow.

having lots of nodes also prevents so many attack vectors like DDoSing nodes, sybil attacks,...

it is also a matter of privacy too. if you run your bitcoin node, when connecting to others there is a good chance that they are also other individuals. but if you run a BSV node there is a very high chance that you are connecting to nodes controlled by the company owning BSV. now they can easily monitor your transactions, where you send your coins, which addresses belong to you, record your IP address, censor your transactions even,... add sybil attacks and backdoors in the altcoin clients and all of that becomes even easier.
1547  Economy / Service Discussion / Re: "guigui371's one month long trial of the Arakne Trading Bot"™(ENDED IN BLOOD) on: February 05, 2020, 03:27:57 PM
Thank to all that warned me, I feel I learnt a lesson.

thanks for running this trial and also sharing the results with the public for free. i am sure your loss saved a lot of people from buying into the bot advertisement and sustaining similar losses.
losing 30% in the bull market (price is 48% higher than the start of the experiment) that didn't have any unpredictable moves is really odd.
1548  Economy / Speculation / Re: Top analyst warns a hard dump. on: February 05, 2020, 02:50:14 PM
random vocal people on the internet are not considered "top analysts". the fact that news sites report them like this only shows that they have ran out of stuff to post and get traffic so they succumb to posting nonsense.

ps. as always if they were truly experts they wouldn't have wasted their time posting their guesses all over the place.
1549  Bitcoin / Bitcoin Discussion / Re: Shanghai Stock Market down 8% - Bitcoin’s On-chain Transaction Volume up by 45% on: February 05, 2020, 02:33:15 PM
~snip~

I think there is a big misconception that money is flowing from one market to another when it comes to Bitcoin. Stock traders or traders in any other markets still do not see Bitcoin as a safe haven, and still generally turn to gold, silver or bonds. Take, for example, bonds with negative interest, the value of that market was around $15 trillion last year, and it is go up 3 times in only 1 year.

Why didn't some of that money go to Bitcoin, and we are talking about $10 trillion (more than the value of all gold)? Because bonds even with a negative interest rate is a far safer investment than Bitcoin (for most investors).

i wasn't suggesting that all the money just flies over to bitcoin market, if that wasn't clear.
but i am sure that at least a small percentage of it does come to bitcoin as stock market crashes. there are many investors who aren't only focusing on one market, they "diversify" and put some part of their money in things like bitcoin that don't follow other markets. when those markets crash they increase their investment in bitcoin.
1550  Economy / Speculation / Re: The reasons why bitcoin may go 50% this year ! on: February 05, 2020, 02:07:30 PM
50% is simply too tiny for bitcoin rise specially in a year when we have halving in it. you are basically saying that bitcoin is going to reach $14200 by the end of the year. that is impossible because by the time it breaks $10k level price will most probably shoot up to $15k and by the time halving is close we can see at least another 50% rise which could easily bring it to $20k which is the previous ATH.
1551  Bitcoin / Development & Technical Discussion / Re: Effects of Forcing Miners to Fill Full Blocks on: February 05, 2020, 01:51:31 PM
Mempool data ... says, sometimes waiting transactions size even reaches upto 14MBs during day time.

that has not been happening that often and there are times that mempool is completely empty when a new block is found. for example when block X is found and it includes all the transactions in mempool in it then block X+1 is found right away (with 1-2 seconds), that block has no other choice but to be empty.
if any additional rule were to be enforced the miner who found block X+1 is screwed!

by the way block size limit stopped being 1 MB more than 2 years ago and it has been at 4 MB weight.
1552  Other / Beginners & Help / Re: Actives Full Nodes of BTC, BCH & BSV on: February 05, 2020, 01:46:50 PM
number of nodes isn't the reason why. a transaction can not be altered because of the cryptography that is used in bitcoin (and obviously in all its copies).
If someone have more than 51% of the hash rate, can't take the control of network and change transactions?
I know that's very difficult since it needs a very very big computing power. Once a transaction is changed, the hash of that block and all following blocks are changed and proof of work problem of all of them must be solved again. But isn't it at least theoretically possible ? 

the number of nodes has nothing to  do with hashrate (or number of miners). and my point was about the number of nodes. whether there are 10 nodes or a million node the transactions can't change without creating an invalid forked chain that will be rejected by everyone.
1553  Other / Beginners & Help / Re: Actives Full Nodes of BTC, BCH & BSV on: February 03, 2020, 05:07:14 PM
That means, BTC transactions can never be altered at all because of its significant number of nodes which have all the records in their nodes.

number of nodes isn't the reason why. a transaction can not be altered because of the cryptography that is used in bitcoin (and obviously in all its copies).
having more nodes distributed around the world means the network is more decentralized so it is a lot harder to want to take control of it.

Number of active full nodes of BTC at the moment- 10945
Number of active full nodes of BCH at the moment- 1475
Number of active full nodes of BSV at the moment- 361

i like comparing the altcoin node numbers with bitcoin testnet node count Wink
according to bitaps explorer there are 9737 bitcoin nodes and 852 bitcoin testnet nodes. in other words the number of bitcoin testnet nodes is nearly the same as bcash mainnet nodes and it is 3 times higher than bcash-sv mainnet nodes.
1554  Economy / Service Discussion / Re: What is the best way of selling small amount of bitcoin to tether? on: February 03, 2020, 04:34:35 PM
@Brew,
If your amount of bitcoin to be exchanged is small say around less than 0.1 BTC then you may be able to sell on some of the more popular centralized exchanges without having to pass any KYC and get USDT in return.

i am mostly interested in finding ways that  don't require any kind of account creation. specially methods that are fast so that i don't have to wait, just go there make a deposit and get USDT out.
all centralized exchanges have lots of hoops to jump through.
1555  Bitcoin / Bitcoin Discussion / Re: I Gave Away Bitcoin Private Keys! - Experiment. on: February 03, 2020, 04:01:00 PM
as you can see, there are 6 characters that aren't required in order to find the private key in this particular case.

actually 6 characters in base58 encoding with a checksum covers two things: the 4 byte checksum and also 2 bytes of the data which is the private key. so you still have to search ~65k keys to find the correct one (the only possible result). in your special example you get lucky that compressed private keys have a fixed last byte so the number reduces to 255 keys but still it has to be searched.
1556  Bitcoin / Bitcoin Discussion / Re: Shanghai Stock Market down 8% - Bitcoin’s On-chain Transaction Volume up by 45% on: February 03, 2020, 03:40:27 PM
people have been saying Coronavirus  is going to affect bitcoin price and i still disagree with them but there is a way that it can affect bitcoin market and it is by  crashing other markets. for example when the stock market crashes there is a lot of money fleeing it and a big portion of it can land in bitcoin market and help the price rise up.
since bitcoin is not affected by things like this, it is a good choice of investment and can easily see big rises. considering the fact that right now bitcoin is in the beginning of a bull market, we can expect big rises to come.
1557  Economy / Currency exchange / Re: Looking to buy btc large volumes on: February 03, 2020, 03:24:40 PM
I'm a btc trader mainly looking to buy large btc volumes daily at -% but can also sell,

so you basically want a place to "trade" bitcoin since you both want to buy and sell. in that case using the popular exchanges is your best option if you ask me because although there is nothing safe to be found but they are safer than usual methods, the popular ones (like Coinbase for example) have high volumes so they can handle your "large" buys and sells and also their price is a lot better than any other alternative option and in a large trade having a price closer to market price is what you should aim for since any other option will have a higher difference which means bigger cost.
1558  Economy / Speculation / Re: Interference movement due to market exploration on the new incremental slope on: February 01, 2020, 05:03:57 PM
Yes, but this interference/volatility will decrease as we approach may. FOMO will become stronger & FEAR is going to weaken. We have a 60 day window to take advantage of dips. After this just HODL for dear life  Grin

it is not possible to know how long the window is going to remain open. it all comes down to a slow rise and we may not see any dips the way people are hoping for (big drops to below $9k to buy) instead only corrections that happen after a rise already takes place like going to $10.5k then drop to $10k. and this can continue until the FOMO hits and price jumps up $3000 every day.
1559  Bitcoin / Bitcoin Discussion / Re: "Priceless" Bitcoin commerical on: February 01, 2020, 04:13:27 PM
No matter what anyone says, he's going to be against BTC and pro Gold.. that's his business.

who said he is against bitcoin?
just because someone spreads nonsense FUD about bitcoin in the media and on the internet doesn't mean they are against it. you'd be surprised how many of the FUDsters are hard core believers in bitcoin who are buying lots of it every chance they get.
1560  Bitcoin / Development & Technical Discussion / Re: Using HASHSIG_NONE and HASHSIG_SINGLE on: February 01, 2020, 03:50:03 PM
Yes I understand this, but so the transaction should have at least two input, one for SIGHASH_ALL and the other for SIGHASH_NONE?
And if it is a Bob's transaction so we're talking about Bob's scriptSig, how Alice can put her sign (SIGHASH_ALL) in Bob's inputs?

the example i gave is a multi-signature output which means if it were 2 of 2 then both signature of Bob and Alice are needed and one can sign with NONE and the other with ALL.

i can not think of a safe way to make it work with anything else because the output (assuming it is NOT multi-sig) that was signed with NONE could be extracted and put in any other transaction by a thief.
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