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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 621289 times)
Biomech
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June 22, 2015, 02:45:17 PM
 #2801

Hi,

I need urgent to know.!!
installed the new bitcoin Kern V.0.10.2 on my vps and my home computer
now about 1 month but suddenly I lost all my BTC. Sombody know how possible?

And it goe's to this wallet 1Q3PuoCZ8yR9KSSkxJrNkCdxYu9KGMQtdy

Thanks

beaware of vps and where you connect to them with putty for example

also who was the original owner of the vps? you or it was purchased?

anyway it sounds like you are infected

The vps is my own server I connect it with bitvise SSH

Do you mean that my computer have a virus? anyway it sounds like you are infected.
Please explain some more about this.

Just 1 month i'am using Antminer S5. is possible that here is an mistake (virus). Iam mining on antpool.

Thanks

According to a block explorer, that account has     0.6198463 BTC in it, from four transactions. No outputs. So it would appear that your coins are not lost. Do you have a backup of the wallet? It sounds to me like something got corrupted. You may need to resync the blockchain. However, if it is in sync (equal to the block explorers, there are a couple of options to try. First, of course, make at least one backup of wallet.dat in a SAFE place (not the VPS). I use Bitvise myself, if I'm forced to use Windows, but that's neither here nor there. Once you have wallet.dat backed up, try starting the client with -repairwallet and see if that recovers your coins.

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
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AtheistAKASaneBrain
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June 22, 2015, 03:06:02 PM
 #2802

Hi,

I need urgent to know.!!
installed the new bitcoin Kern V.0.10.2 on my vps and my home computer
now about 1 month but suddenly I lost all my BTC. Sombody know how possible?

And it goe's to this wallet 1Q3PuoCZ8yR9KSSkxJrNkCdxYu9KGMQtdy

Thanks

beaware of vps and where you connect to them with putty for example

also who was the original owner of the vps? you or it was purchased?

anyway it sounds like you are infected

Afaik there are no risks in using VPS , Tor or any other proxies, as long as you control the private keys it should't matter. He probably had a keylogger or something.

newflesh
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June 22, 2015, 05:11:12 PM
 #2803

With btc where shes at were not going to be rich anytime soon.

Probably not soon though I'd prefer a gradual increase in btc price over a few years than the massive fluctuations like we saw in the last few rallies (up t0 $1200).
Not only that, I want to buy more at the current price Wink
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Will Bitcoin Rise Again to $1000?


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June 22, 2015, 05:29:15 PM
 #2804

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.

jehst
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21 million. I want them all.


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June 22, 2015, 05:30:54 PM
 #2805

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.

How do things look before a real run up? What are you seeing?

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
Argwai96
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Thug for life!


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June 22, 2015, 05:33:43 PM
 #2806

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.

How do things look before a real run up? What are you seeing?

damn 100 usd again unless there is a major heist on an exchange or a whale getting robbed i dont think we would see $100 any time soon.
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June 22, 2015, 05:34:04 PM
 #2807

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.

except some catastrophic news or major gov. statements, I really don't expect such scenario anymore. of course, at this early stage of adaption may happen almost everything with price but under one hundred considering infrastructure, development and all investors..highly unlikely value.
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June 22, 2015, 06:18:26 PM
 #2808

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.

except some catastrophic news or major gov. statements, I really don't expect such scenario anymore. of course, at this early stage of adaption may happen almost everything with price but under one hundred considering infrastructure, development and all investors..highly unlikely value.

I think the bitcoin community has seen catastrophic already, the biggest blow was MTGox taking out a lot of good players of the game.

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June 23, 2015, 01:58:34 AM
 #2809

A lot of people are upset about the increased regulation that Bitcoin is seeing.

That regulation came about as a direct result of Mt.Gox (and several others) failing to honor their commitments, and is mostly intended to prevent a recurrence.  Given what the effin' amateurs whose pretenses or attempts at doing solid business have cost Bitcoin holders so far, it's not a disproportionate response.

So, whatever other people feel about increased regulation, I can't say that it was the wrong thing to do.
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Buy bitcoin they said... who listened?


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June 23, 2015, 02:27:12 AM
 #2810

Does anyone think the price of bitcoin will ever go below $100 again? The reason I ask is because that is the way things are looking before a real run up.
i think this is stage we are at right now is what you are looking for before the real run up. although all of this is speculation and can be wrong, but i do not see any reason why the price can go down and specially going under $100, since there is not any horrible event happening so far for bitcoin.

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June 23, 2015, 03:59:55 AM
 #2811

Right now there's a lot of wait-and-see.

I don't think Bitcoin will rise much higher than it has - at least not sustainably - until mainstream investment places and fund managers are satisfied that Bitcoin is able to scale to at least thousands of tx per second. 

Meaning, we not only need to make the block sizes bigger, but we also need to develop new technology.  Side Chains, Fractalized blocks, or ... whatever.  But right now it's not taken very seriously because, five transactions a second?  And with a 20Mbyte block it'll go up to maybe a hundred?  Don't make an investor (or a broker) laugh, that's not even a good attempt at a payment system that could get off the ground in a serious way.  And so it gets dismissed.

Bitcoin could go above its current value, and stay there, only if the scalability issue gets addressed in a credible way.

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June 23, 2015, 05:50:53 AM
 #2812

Right now there's a lot of wait-and-see.

I don't think Bitcoin will rise much higher than it has - at least not sustainably - until mainstream investment places and fund managers are satisfied that Bitcoin is able to scale to at least thousands of tx per second. 

Meaning, we not only need to make the block sizes bigger, but we also need to develop new technology.  Side Chains, Fractalized blocks, or ... whatever.  But right now it's not taken very seriously because, five transactions a second?  And with a 20Mbyte block it'll go up to maybe a hundred?  Don't make an investor (or a broker) laugh, that's not even a good attempt at a payment system that could get off the ground in a serious way.  And so it gets dismissed.

Bitcoin could go above its current value, and stay there, only if the scalability issue gets addressed in a credible way.



lightning network looks promising

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Erdogan
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June 23, 2015, 10:28:09 AM
 #2813

Regulation came by because they saw value. If it moves or sits still, they regulate to get their cut.

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June 23, 2015, 11:25:32 AM
 #2814

Right now there's a lot of wait-and-see.

I don't think Bitcoin will rise much higher than it has - at least not sustainably - until mainstream investment places and fund managers are satisfied that Bitcoin is able to scale to at least thousands of tx per second. 

Meaning, we not only need to make the block sizes bigger, but we also need to develop new technology.  Side Chains, Fractalized blocks, or ... whatever.  But right now it's not taken very seriously because, five transactions a second?  And with a 20Mbyte block it'll go up to maybe a hundred?  Don't make an investor (or a broker) laugh, that's not even a good attempt at a payment system that could get off the ground in a serious way.  And so it gets dismissed.

Bitcoin could go above its current value, and stay there, only if the scalability issue gets addressed in a credible way.

I don't disagree with anything you said but Gavin's latest proposal scales the block size (eventually) up to 8 GB. That's eight thousand times the current five-ish transactions per second, or somewhere in the neighborhood of 40K tx/sec.

Maybe that's a bad idea, maybe it won't work, but there is at least some remote possibility that it could work, and we don't need any new exotic lightning sidechain sharded treechains (though it does't rule out developing any of those things as alternatives or improvements either).
Netnox
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June 23, 2015, 11:31:49 AM
 #2815

Well i guess your confident turned into a pile of turd.

Velkro
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June 23, 2015, 12:31:35 PM
 #2816


I don't disagree with anything you said but Gavin's latest proposal scales the block size (eventually) up to 8 GB. That's eight thousand times the current five-ish transactions per second, or somewhere in the neighborhood of 40K tx/sec.




Even code is ready, bitcoin is saved thanks to Gavin Smiley

scarsbergholden
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June 23, 2015, 01:59:51 PM
 #2817



After seen the stress test on transactions i think bitcoin is ready for that block size increase, if we want to be in the wealthy elite, lets say we need to handle over 10k tx at lease, let the wealth distribution begin.

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June 23, 2015, 03:26:39 PM
 #2818

Even code is ready, bitcoin is saved thanks to Gavin Smiley

Not really, he created a mountain out of a molehill so he could force though XT. Personally I'm much more in favour of garzik's BIP 100 proposal but each to their own I guess.
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June 23, 2015, 04:27:41 PM
 #2819

Right now there's a lot of wait-and-see.

I don't think Bitcoin will rise much higher than it has - at least not sustainably - until mainstream investment places and fund managers are satisfied that Bitcoin is able to scale to at least thousands of tx per second. 

Meaning, we not only need to make the block sizes bigger, but we also need to develop new technology.  Side Chains, Fractalized blocks, or ... whatever.  But right now it's not taken very seriously because, five transactions a second?  And with a 20Mbyte block it'll go up to maybe a hundred?  Don't make an investor (or a broker) laugh, that's not even a good attempt at a payment system that could get off the ground in a serious way.  And so it gets dismissed.

Bitcoin could go above its current value, and stay there, only if the scalability issue gets addressed in a credible way.



The possibility that Bitcoin could take over all of the business of Visa/MasterCard is laughable. It took BankAmericard nearly 60 years to grow that kind of worldwide user base. PayPal, on the other hand, could be replaced with a superior system within 20 years or so. It would only take 100tps to replace all of the volume of PayPal. I doubt investors are laughing at PayPal. Blocksize will not need to be increased by much to handle PayPal sized transaction volume.

There are problems here that tps increases can't solve even with no cap and the highest grade nodes in every third house around the globe. As I mentioned above, Bitcoin needs to be a superior system in the minds of the current users of PayPal/Visa to steal away their customers. Where are the proposals for fraud protection, auto rental collision damage insurance, travel rewards, flyer miles, roadside assistance, cash back rewards, signature rewards, merchant discounts, etc. Bitcoin ease of use is about as different from Visa as a horse drawn carriage is to the automobile. Ease of use needs drastic improvements before Visa will need to start fretting. To think we can increase the tps rate and magically say, "ok, we're equal to Visa now just drop that plastic and come on over and use Bitcoin" is a child like mentality.

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June 23, 2015, 08:59:30 PM
 #2820

Right now there's a lot of wait-and-see.

I don't think Bitcoin will rise much higher than it has - at least not sustainably - until mainstream investment places and fund managers are satisfied that Bitcoin is able to scale to at least thousands of tx per second.  

Meaning, we not only need to make the block sizes bigger, but we also need to develop new technology.  Side Chains, Fractalized blocks, or ... whatever.  But right now it's not taken very seriously because, five transactions a second?  And with a 20Mbyte block it'll go up to maybe a hundred?  Don't make an investor (or a broker) laugh, that's not even a good attempt at a payment system that could get off the ground in a serious way.  And so it gets dismissed.

Bitcoin could go above its current value, and stay there, only if the scalability issue gets addressed in a credible way.



The possibility that Bitcoin could take over all of the business of Visa/MasterCard is laughable. It took BankAmericard nearly 60 years to grow that kind of worldwide user base. PayPal, on the other hand, could be replaced with a superior system within 20 years or so. It would only take 100tps to replace all of the volume of PayPal. I doubt investors are laughing at PayPal. Blocksize will not need to be increased by much to handle PayPal sized transaction volume.

There are problems here that tps increases can't solve even with no cap and the highest grade nodes in every third house around the globe. As I mentioned above, Bitcoin needs to be a superior system in the minds of the current users of PayPal/Visa to steal away their customers. Where are the proposals for fraud protection, auto rental collision damage insurance, travel rewards, flyer miles, roadside assistance, cash back rewards, signature rewards, merchant discounts, etc. Bitcoin ease of use is about as different from Visa as a horse drawn carriage is to the automobile. Ease of use needs drastic improvements before Visa will need to start fretting. To think we can increase the tps rate and magically say, "ok, we're equal to Visa now just drop that plastic and come on over and use Bitcoin" is a child like mentality.


We need service companies. What is important is:

1) The market should require that the money they produce (the money extensions) should have the name bitcoin, not bitcoin backed pesos and the like. That is to avoid a devaluation. (Hey, now I get only a half bitcoin for my Instapay bitcoin, wtf!! That is a big red cloth to customers).

2) The market should require that they are readily redeamable. You might lose trust in them, or want another supplier. For this we need the maximum transaction per second number that the blockchain could possibly provide.

3) The market should require that they are fully backed. Could be cryptgraphic proof of reserve, but i fear that could be a lie.

Anyway, if a service company disappoint, there will be no way to save them by abusing the money system. If the public wants to save such company, it will have to be through taxation or loaning (with a nonfucked interest rate, good luck with that). I think the market will go for private insurance.


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