Latest posts of: countryfree

I would not say irresponsible, I would say that it's delaying what is bound to happen. Block size will need to be increased someday, and I always thought that the sooner the better. Note also that initially, BTC wasn't designed to have a fixed block size forever.

To my eyes, efficiency questions relate to energy. So we would need to calculate how much energy is needed to confirm a transaction to verify the claim. Then to make a comparison, we would need to find out how much energy Visa or Paypal needs to validate a transaction.

I'm afraid I can't answer the question...

It's not only in America. Far from it. Food with high sugar content and plenty of fat and sweeteners are just cheap to make, so the poor buy plenty of it everywhere. There's just less data about it.

BTC training, really? I mean it's not that difficult. Anyone with a standard IQ can learn how to use BTC in a very short time. I've taught a few friends about BTC over a meal, that's all it takes.

Of course. People have said many times BTC is used by terrorists, so it can also be used by the CIA and the Us army to finance all its dirty actions all over the planet. They think about the blockchain, but I'm sure they also think about BTC.

I have yet to see or hear about someone selling £ to buy BTC.
But I totally understand why the £ is falling. There's a lot of anxiety about the brexit. Aston Martin won't suffer, but it's might be more difficult for Nissan.

LOL!
How many without a smartphone or a reliable Internet connection?
Also most smartphone in Africa come with a pay as you go line, and data transfers is expensive to Africans. so it's not as easy as it seems.

Don't ask! It's a fact, BTC is global now, in a sense that you can use it as easily in Europe, Asia or America. There are enough BTC for everybody. Nobody said you have to own one full BTC to be part of the community. Scalability is more of an issue the number of transactions the network can handle per day).

Hey, not so fast!
Problems with a darknet market doesn't automatically mean there are problems with monero.
Although, this topic belongs to the altcoins section, you can't say it's over for this cryptocurrency.

I guess the share of Turkey in BTC transactions is minimal. If they can ban social networks, it's clear they can hurt BTC. Hopefully, Turks will still be able to travel to Greece or Bulgaria to to enjoy BTC.

There's nothing good to expect from Erdogan.

I'm glad to hear that. The man got the very harsh sentence of a hardened Colombian drug dealer who kills people, but he was more of a quiet webmaster working only with computers.

There could be only one BTC and it would be enough. The average human would only get a tiny fraction of it, but it would be fine. Just like Earth. There's only one Earth, with the average guy only owning a few square meters.

When did they start?
If they're making more than 50 BTC per month, I say it's good. I wonder how much they invested. If they think long term, and don't have the need to sell fast what they're making, they will be successful.
I would be happy to do the same thing, but you need serious money to become a miner nowadays.

People talk about BTC being anonymous, which isn't exactly true. It's better to say you can easily hide money with BTC. You can create a wallet in a place which offers public wifi, sends a few BTC there, and it would be next to impossible to prove those still belong to you.

To the people who think Russia is a "normal country", it's useful to remember that Russia remains a country where there are unexplained political murders.

https://themoscowtimes.com/articles/remembering-anna-politkovskaya-55658

Quote from: veleten on September 16, 2016, 05:01:58 PM

the main problem with the huge blockchain size is bitcoin getting even more centralised
less nodes,regular users less likely to use core wallets,more companies like mycelium to provide easy to use no-need-to-synch wallets
it is hard to convince a btc newbie to start to use btc core wallet now as it is-who would want to wait several days and download gigabytes of data when you want it here and now.

Yes, that's the real issue. The price is irrevelant. No new user will get core wallets, and old users who change computers will move to multibit or some other software which doesn't require the blockchain. I usually switch off my computer at night, and I can't imagine leaving it running for more than a week to download a one TB file. That will be the blockchain in 5 or 10 years from now.

Good, I'm very happy with that. It shows how a totally unregulated market can get better, delivering better products to the consumers, without any state intervention. When everybody will have understood thta, there will be more people wondering about the utility of government.

The problem with apple pay is that to use it you must buy an overpriced product from an untrustworthy company run by a queer. Edward Snowden never had an iphone. Having one is like having an NSA agent in your pocket.

I thought newbies were not allowed to post in this section. This topic belongs to the beginners section. More than that, this question has always been asked thousands of times. There are plenty of ways to buy BTC everywhere...

I didn't know there was such a thing as a testnet. With me not a developer, I don't need it. I tried and tested the blockchain with real BTC, and I've bought BTC with real money.