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I see there are Bitcoiners here getting very jittery and they might be anticipating a market crash or something. The answer might not be to "cash out". You can get of both world by doing short selling. Short sell Bitcoin and profit from the fall if you think that is where it is going. The end result for you would be more Bitcoins.
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Could the real Satoshi Nakamoto be laughing at us right now? He is probably reading this thread and yelling in front of his computer screen "LOSERS YOU WILL NEVER CATCH ME!" and laughing really hard.
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Here we go again. Another transaction that was made over 3 hours ago and still no confirmations made. If this takes days then this is a first for me. I might tell Kwukduck I am sorry and that all hell will break loose in the forum soon.
It's funny how people like you keep complaining since the problem is obviously you not having included an appropriate fee according to the situation and byte weight of your transaction. Even with the recent spam attack I never had to wait very long to get my transactions confirmed. In 75% of the cases it got included in the next block, and if that didn't happen, then it got included in the block after that. Just adapt to the situation and don't be stingy when it comes to including proper fees. It will only work against you as it will make you wait and wait. People like me? When did you see me "keep complaining" in the forum about unconfirmed transactions? For your information I used my Blockchain wallet which chooses the "appropriate" fee for me. It is common knowledge that blockchain.info tend to set larger fees. According to kiklio the problem was this, and I quote Not a fee issue, it is a no block found issue. The Miners did not find a block for over an 1 hour 18 minutes , and they are still not finding blocks fast enough to catch up with the backlog of unconfirmed transactions. Now at 16355 Unconfirmed Transactions. https://blockchain.info/unconfirmed-transactions |
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Here we go again. Another transaction that was made over 3 hours ago and still no confirmations made. If this takes days then this is a first for me. I might tell Kwukduck I am sorry and that all hell will break loose in the forum soon.
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A lot can still go wrong with this experiment, so I would not pump a lot of my life savings into Bitcoin to protect my wealth.  As with other commodities, Bitcoin can also be manipulated.... it is much better than Fiat currencies, but it is still very volatile. Your wealth are
in the hands of a few developers and the consensus behind their decisions. {miners and individuals running nodes} You just made it harder to decide whether to go and depend in the hands of the Bitcoin developers and miners or go depend on the powers of the Illuminati. On one hand there is a possibility that our money goes "poof" and on the other hand you also have the same possibility. |
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That is the first Pete Rizzo article that I think is stupid and useless. Unless he already has the follow up story and has a solid lead on who Satoshi really is, I am quite disappointed that he came up with that article. He made me waste 5 min.s of my life by reading it.
Let me see if I got this straight. It took you five minutes to read a short article that takes most every other English speaking person in the world no more than one minute to read. On top of that, in the same sentence you expressed wasting your life by reading it in spite of clearly known to all reading this reply that you indeed got paid for your efforts via posting about your dreadful experience which includes a paid sig campaign below the fold that you're participating in, ergo not a waste. How close am I? In case you read a different article, the following is the article in question in its entirety:  That is the first Pete Rizzo article that I think is stupid and useless. Albeit not stupid, I'll give you one guess as to who penned the following article back in December 2015: http://www.coindesk.com/police-raid-home-of-alleged-bitcoin-creator-craig-wright/ HINT: He attended University of Massachusetts located in Amherst where Gavin Andresen currently resides, and has extensive experience managing teams of journalists and copywriters, guiding editorial content and larger product vision. Ok what I said is harsh. Maybe the word stupid is the wrong word to use, I should have used farfetched. I believe this is another wild goose chase just like what the journalist for Newsweek did. She pointed to Dorian Nakamoto which turned out to be the wrong. Also do not forget that this is a huge gamble for Pete Rizzo. The outcome of this story will make or break his career. I like him and his articles, please do not get me wrong. But this article honestly made my eyes roll and say "This again?" in my head. Or maybe it was the thread title having "definitive PROOF" that made me have high expectations. |
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FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.
The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning. Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me! Yes the blocks getting full is a big problem but it is not Bitcoin Armageddon like you want it to appear to be. Like I said, I have made transactions using the normal fees of .0001 and sometimes .00015 and have not encountered a transaction that took days. It is the same for a majority of people in this forum, there is not a huge problem like it was the end of the world. If there was it would be hell in this forum and the price would drop. |
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FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.
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That is the first Pete Rizzo article that I think is stupid and useless. Unless he already has the follow up story and has a solid lead on who Satoshi really is, I am quite disappointed that he came up with that article. He made me waste 5 min.s of my life by reading it.
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john nash was a maths guy not a code guy... keep trying though
I am not saying that John Nash is Satoshi but for the sake of discussion, was it not shown in the early versions of Bitcoin that the code was not really that good? The "developer", Satoshi, probably was not a good coder or might not even be a professional coder. He might really be a math guy who learned to code then created Bitcoin. |
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I read somewhere that Bitcoin is preparing for a hard fork, is this correct? If so what will the implications be and will some Bitcoiners be on a different chain? Please read the whole thread and research on Bitcoin more. I am giving you the benefit of the doubt here because I do not want to be quick to accuse you of being an alt account or part of a large group of spammers. I will report you next time. As BTC is so decentralized I do hope there will be enough developers to cope, especially with the transaction sizes.
This makes me think you really do not know anything which makes you undeserving to make posts anywhere except in the newbie section. |
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Bitcoin cannot be compared with gold. Gold is a precious metal. It can be used for many purpose. Bitcoin is also expensive. It can be considered as a saving if you are ready to take risk. We dont know the future of bitcoin. Because its price is volatile. Who knows if its price will crash tomorrow.Whatever we tell about bitcoin, its right, but after all its a man made software token. Nothing else. If someone hack any top bitcoin exchange or any firm ,thats it. Its price will crash. Imagine If its price crashs and becomes fews cents then there wont be any use with this bitcoin.
the technology behind bitcoin can also be used for multiple purpose, so this whole thing about gold being more important because it can be used on the real industry it's not a point so important anymore in favor of gold you can use the blockchain to build a great amount of stuff on it, it can make life easier for many developers What kind of "stuff" are you talking about? How can the blockchain make life easier for many developers? With what we are seeing right now it is making life harder for developers because they have to solve a new set of problems. One thing that made it easy for developers is getting funded by hyping the blockchain. All these blockchain pumpers will keep doing it as long as they can trick people into giving them money for "research and development". Which reminds me. What happened to the biggest VC funded Bitcoin startup, 21 Inc.? |
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My two top choices are Bitcoin and Mooncoin. Bitcoin is the obvious answer as it has the first mover advantage. Mooncoin is very old and trusted blockchain trusted by a lot of people with over 33970 funded addresses at the moment and more than 1.75 million transactions successfully processed since 2013 without experiencing forks. The price of Moon right now is cheap and everyone can join the ecosystem and give it a try. They are now developing a new smart likes system which will be operational across the internet that will give users the ability to transfer value fast and reward others and themselves. The name of this system is Moonlite. We all need to diversify our portfolios and give other trusted and proven blockchains the ability to shine! If you really think Mooncoin is a top cryptocurrency then you are a stupid idiot. No honestly you are. I am sure there are many people here have become so jaded because of the losses they got from holding altcoins. Not only that, they also gave their full support for them only to lose the amount which really was important to them. The amount of their altcoins in Bitcoin value. |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
You need to stick to your original, you are going to be a good trader if you aren't going to be constant. Also why there's a need to panic? If you are on that feeling, take a break and drink a cup of tea. Panic in trading it's mean that traders are still beginners or Newcomers. The master traders, in trading they already can hold his emotions when his price doesn't match the expectations. That is true. That is why the traders with more experience win a lot more money. Why? Because it is the newbie trader's losing trades that funds the winning trader's strategy. Only 10% of traders make money. So it is either be as good in trading as the top 10% or continue to lose your money. Also because , in trading we should be able to know all about the charts and read it. It is difficult and often make our emotions when we analyze the market price is wrong. Really? Do you think it is as simple as that? There are a lot of people here who "know" the charts but they are still losing traders. How can you explain those "experts'" losses? Are they just unlucky? |
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Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?
So according to you decentralized, censorship resistant, peerless network and currency system called Bitcoin, can't be compared to gold at all? No. Because comparing it to gold is very limiting. What inefficiencies can gold come in to and make them efficient? In fact gold itself is very inefficient to use. So why compare it with gold? But if you do not have a clue what Bitcoin is then be my guest. Call it gold 2.0 if you want. It may not be the most accurate representation what bitcoin really is but it is still good and solid parallel, especially for not bitcoin users.
Read the comment above. |
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While this is true there should be a line drawn. A good example for this is how Roger Ver is trying to rally the big blockers and all the "sheeple" as you said to go with them and fight for their cause. Does Roger Ver really know the technical ins and outs of Bitcoin? Between him and Peter Todd who would you listen to?
i dont defend people i defend the direction bitcoin is heading and hoping it stays inline with bitcoins ethos. i dont care if peoples pseudonymous nicknames get hurt. as thats just some side drama they play the victim card in.. funny thing is people think because i detest gmaxwell and sipa, that somehow i must think gavin, hearn and ver are kings. wrong what if i told you gavin (via Bloq) and hearn (via R3) are in the same pockets as blockstream devs, once you peal all the layers away. and that drama is just a finger pointing exercise to distract the sheep. even funnier part is that its only core that are trying to split the community, and trying reserve psychology to point cores own plans to sound like its what other teams are doing. fooling the sheep to follow the wolf by pointing at a blacksheep and saying "look sheep stay away from that black sheep, its really a wolf" Thank you for the honest reply. I respect you more for it even though our views are different. I started reading about Bitcoin Unlimited again to really understand it and to be honest the minute I saw that there will be 3 types of nodes, with different types of settings, I think Andrew Stone the lead programmer for BU is making a simple implementation more complex. Bitcoin Classic might be a better way. It is simple. |
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The People's Bank of China have started investigating the activities of the Bitcoin exchanges in their country. We all know the majority of trading are done thru Chinese exchanges because of the 0% fee trades. Now that all major exchanges in China have started imposing fees because of the PBOC's investigation maybe Bitsane should take advantage and start offering 0% fee trades. What do you think?
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and this is why people should not be sheeple, idolising any particular people and treating them as kings. trying to get other devs to run away to only give power to a few devs.
because when they go, they are gone.
bitcoin needs to be diverse have multiple implementations and multiple open platforms.
not a centric one circle of 12 corporate paid devs and 90 interns hoping for a job if they show blind loyalty to the paid devs.
but multiple implementations and many teams all working in consensus. that way if one falls away there's still diversity and openness.
While this is true there should be a line drawn. A good example for this is how Roger Ver is trying to rally the big blockers and all the "sheeple" as you said to go with them and fight for their cause. Does Roger Ver really know the technical ins and outs of Bitcoin? Between him and Peter Todd who would you listen to? |
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Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?
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one of the things that can ruin bitcoin is the transaction queue size. It's growing rapidly, and the backend developers are not doing anything to fix it!
"Backend developers"? Not doing anything about it? You know nothing of Bitcoin and please avoid posting your useless and ignorant comments here. You should research on Bitcoin more to avoid looking dumb. Read up on Segwit and Bitcoin Unlimited and know what is going on in this holy war on the Bitcoin scaling debate. |
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