He used "imagine" which means he wasn't doing any calculations for reaching that conclusion, but he said it as an imaginary thought that if Bitcoin is successful then the price of each Bitcoin can be equal to that in future. That doesn't mean that he already knew it would be successful. I'm sure many people would have said good words about Bitcoin even at the starting, but none of them were sure if this would really become the reality some day.

Bitcoin uses peer-to-peer technology thus removing the need of a central authority.
All the processes; transactions, blocks, records, everything is kept in a network called blockchain. The network is automated, so no one can control the flow of it, nor anyone can see the internal data except the addresses or amounts of Bitcoins transacted. Miners mine blocks that carries transactions, which are confirmed if the block is mined, and the miners get rewarded for doing so. That is simply how the network runs and how Bitcoin works. There is of course more complex explanations for it, but these are just some basic information on how it works.

Knowing the fact that Coinbase does not provide private keys for its addresses, I guess it is not possible to access your coins from your end unless they do something about this. If you could access the private key of your ETH address then you possibly could import it to another wallet and send the tokens back to your desired address, but as you can't access them, it is only the support of Coinbase who can help you with this.

Nothing in the world is controversial by itself, but people make controversies about the things that bother them I guess. That is what happened with Merit System here.


That's true. Shitposters and quality posters are separated by the system. People without any Merits are obviously not contributors and that is how it has divided the forum IMO.


That is not a valid point at all. An ordinary user cannot generate Merits, and thus they will run out of sMerits if they sell or trade them. And then they will be out of business eventually.
And, people give Merits only to quality posts regardless the rank of the posters.


Who in the world said that only the high-ranked users decide who gets points? Any user having any rank is the owner of its decisions as long as he/she carries sMerits. If you have Merits, it is you who decides where to give them away.


What will be the use of it then if an account older than 3 or 6 months starts getting Merits everyday and ranks up eventually after reaching the point required. That is how the forum was working before with Activity system and that is why Merit system has been implemented so that no one ranks up automatically, without making any efforts.


I don't think it depends on the type of answer or question, but it is more about the quality of what you are writing. Someone writing shit on a technical discussion would get the same response which someone writing non-constructive posts in beginners section get. If you make efforts on answering a question no matter on what topic it is based, you will surely get rewarded for it, if it is spotted. And making no efforts in posting even in technical threads would earn you nothing.

Where the heck did you notice that? I don't find them being high for more than a few weeks now. Since the day when Bitcoin dropped below $14k level, the fees has reduced significantly. I wonder what wallet you are using which asks for more than the core amount as fees. You should probably change your wallet if it is because of it.

Hi yahoo.
I would like to be a part of this campaign.

Btctalk name: Alone055
Rank: Jr. member
Current post count: 71 (with this one)
BTC Address: 1Crz8BeQ8CUybt29H22sgMAbNDv4v4bqSJ
Wear appropriate signature: Done
Wear avatar: Not eligible for it.

I would like to give it a shot.

Name: Alone55
Link to previous posts: https://bitcointalk.org/index.php?action=profile;u=945923;sa=showPosts
Telegram/skype username: Alone 55 (Skype, with a Bitcoin avatar having fire effect)
ETH Address: 0x9Fa9c3Cb5d91620637FB5843F53F43B130F833cA

What @bitmover has said is totally accurate. But I just want to give my answer too as I'm excited because I learnt this just now while searching for the answer of this, and have never been aware of anything like this before.

So, a more clear and simple answer to the question, "How exactly does a 51% attack work?" is that a person or a group of people having control over 51% or more hash power can easily manipulate the transactions, meaning they can prevent other miners from mining any blocks and do it themselves to earn all the block rewards and they can pretty easily double-spend a transaction done by themselves, or prevent other transactions to get confirmed.
However, they cannot do much with already mined blocks and transactions. The more the time distance of a transaction/block is, the less are the possibilities for the attackers to change or reverse it.
Such an attack can be done even with less hash power but the probability of success would be much less then.

Your statements "They can and will freeze your assets" and their statement "please, withdraw your BTC within next 24 hours." are totally opposite of one another. If they give you time to withdraw your funds, it doesn't indicate any scam attempt in my opinion. If they really wanted to freeze/steal your money, they would never give you a time frame to withdraw them. There must have been some reason for what they did this as it is not a normal activity for Localbitcoins and I'm hearing this for the first time.

You should lock the previous thread until it is deleted by a moderator. And if you will pay half of the payment upfront as said by someone above, I will also apply for this, but if not, then I won't risk wasting my time.

Why have you started another thread without locking or deleting the other one? You could simply edit that one and add the info you wanted to, without having to create another copy of that thread and add the new information.
And, you should probably escrow the funds or pay upfront in order to get honest and working moderators if you are serious about this. Because I don't think anyone would work without any guaranteed payment for a new forum.

Hi there. Have you heard about lazy-heads?  Who are they? Its you!
Before learning about anything else, learn to read, and you will not need to ask about something which is like an open book if you surf the forum properly.

I think it is not really unfavorable to anyone at all, but the reason why every quality post do not receive Merits is that they disappear if a lot of replies are posted after that. Now if I have sMerits to giveaway, I would probably not surf every single page of a thread to find the constructive posts and Merit them, but I would prefer Meriting the ones I come across while reading a thread. That is exactly how it is working right now. People with sMerits are rewarding the posts that are on the same page they are reading, and because of this, the constructive posts in previous pages are missed and thus a few or more than a few constructive posts get no Merits even though they deserve some.

Never heard about that, nor did theymos mentioned it in his post about the system. I don't think that is how it works. Merits/sMerits have nothing to do with the trust system. A person either with positive or negative trust can give sMerits to people without affecting their trust system because Merits are just to show that a post is constructive, and they are positive, so they in no way can work negatively towards an account.

This "Merit Rewarding" thing is becoming more of a self-promotion now in my opinion. It was good when done by one, two or at least 3 members with higher ranks, but now it seems like every other member with the hope of getting Merits for the thread is starting a "Merit Rewarding" campaign, just because the previous such threads have received quite a lot of Merits from other users as a help for the service.
There is no need of reviewing the posts of people and award them if they are constructive because they will eventually receive merits if they deserve any. Such a service is only good for the reason that if a post gets ignored because of the many posts after that in threads with many pages as no one actually click each page and read the posts to see if there are any constructive posts or not, but they merit only the ones they come across in any thread. But now it is going too far, just like the "Transaction Accelerator Services" of Services section which are more than needed.

You are tagged for account farming and spam. You have no quality posting instincts which is what your post history shows. And, the amount you are asking for is quite a lot for your rank of a positive account. So none of the things are in your favor to be honest. And I think you shouldn't have even attempted this after knowing all these things.

It doesn't really make any sense to copy the texts of an article and paste it here. If you really want to start a discussion or carry in information to the forum then you should write your own thoughts on it as well and then post the article for people to get more information from it. It cannot be called contributing if you are copy-pasting content from somewhere else to the forum, no matter how crucial or important info it demonstrates.

You should probably remove the '?' from subject as from the outside it is totally looking like you are asking instead of giving information about it.
And, if someone wants to learn something from somewhere else, they can easily google about it. So if you want to give information to people about something to be helpful, you should write the things in your post instead of posting a link. In that way, people will directly get the things from the forum, without having to go outside the forum and read articles to get them. That is a more convenient way to share information with the community IMO.

This thread has nothing to do with Bitcoin. Thus, it has to be moved to Marketplace (Altcoin) section. Only services that are paying/also paying with Bitcoin are supposed to be posted in this section as long as I know.
People interested in Altcoins are mostly active in Altcoin boards. So your thread will likely get more audience there as well.

The rates are all some people see before applying for a campaign I guess.   Because it clearly states about the Merit's count for particular ranks to be eligible for the campaign, and there are still more than 30% people applying without having the Merits required.

Edit: Posted after this post



Member Must have 15 Merits to qualify.