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Showing 20 of 71 results by AltorXP
Re: BREAKING NEWS: Multiple Exchanges Affected - Possible Global Shutdown
Actually blockchain is affected, the data on it is not trustable. Many missing payments, now already chaos. As for shutdown, anything can happen. In past 24 hours, I got several payments that is never be confirmed, if you think this is not serious, then why gox and bitstamp suspended business?
The payments might not have had a fee, or too many inputs (kb size) for the fee to cover
Re: How many people have received random .00000001 transactions to their wallets?
Wait, doesn't it take more to send that transaction than it is worth? Or am I wrong about that?
No. You can chose to not pay the fee and pray to the lord that your transaction will get confirmed one day.I wonder if any of those will ever confirm and how long it will take for all of them to be confirmed.
I doubt any miners will include them in mined blocks
Whenever something is banned, its price goes UP. 
So please, ban to your evil heart's content.
So please, ban to your evil heart's content.in this case if feds ban BTC (impossible)
prices will go down :p
because there would be no shops around for btc, only few people around interweb will use btc, so ban btc will not make price higher
(my guess)
+1, although they could make it a crime to use BTC, and close all exchanges. BTC wouldnt last very long
Re: Milions of dollars drained from Bitcoin wallet over the weekend
They got more in today and are taking them all out again.
Im surprised they didnt have the BTC in smaller increments (like 50 BTC per address) instead of piling hundreds in one, and making their transactions stand out among the others. Much more privacy if they had.
Re: Just received 1 Satoshi from this address, seems strange!!
I'm curious to see if these transactions will confirm. I've never seen so many outputs in a single transaction before (700+).
The tx is compliant, it really comes down to will any miner feel like including a massive, spammy, low fee tx. My guess is no but nothing prevents them from doing it. The tx will be considered free because the fee paid (0.1 mBTC) is less than the min fee required (2.7 mBTC).
Might be off topic but - when you say miner, do you meaning mining pool (and solo miners) or miners within the pool itself?
I think the miner(s) who found the block, so if a pool found it, then they'd get to choose.
Its definitely a great store of value, but saying that it is stable is a bit of a reach right now. Maybe in a few years it may be stable
Someone who would want $100,000 would either buy gold, or silver. Storing value is to make sure that the amount you stored is still that amount in the future, say I stored $1000 in BTC when prices were $1000 per BTC, I'd have just lost 40% in two months, bitcoins are not good for storing value; it is good for making transactions (for use as a currency)
Re: Just received 1 Satoshi from this address, seems strange!!
I also received 1 satoshi, any ideas?
Sender randomly chose addresses to send to, wont really hurt the network unless he continues to spam
No. Their value changes too quickly. Also it would need to be governement restricted and I'm talking about mining. Just imagine if it'd be a currency. People would save 10 K in bitcoins then start mining. Everyone would do it so there would be no companies or so except for asic. Bitcoin is made for virtual and only virtual in my opinion
Their value wouldn't change at all if bitcoin was not based on any fiat currencies (if bitcoin did replace all fiat currencies), but the goverments would never let that happen. If bitcoin was as accepted as fiat today, volatility would be reduced to almost nothing.
All of this should not be happening. It is ridiculous how they are not even ready to host them and they have already started. Also, have you heard about how Russia is now apparently spying on everyone and hacking their phones?
Sounds like the NSA
Where's the source for that?
It will get confirmed, but it takes more time.
Send transactions with fee in the future.
Send transactions with fee in the future.
Yep, if there were lost of inputs (say 10 $10 payments in BTC to one address) then it will take even longer
You can alternatively double spend it, that would be much faster
Re: Bitcoin Distribution of Wealth Detailing the BTC Holdings of Wallet Addresses
Here is an interesting chart (as of 2/6/2014):
Obviously most people (myself included), that hold a decent amount of BTC are holding them in different wallets, however the above chart shows that if your btc wallet address holds more than 0.01 BTC, that you are currently in the top 1% of the bitcoin richest addresses.
This is an interesting distribution chart, as the number of addresses holding 1k or more bitcoins is very small in comparison to the world's population. Where do you sit?
Obviously most people (myself included), that hold a decent amount of BTC are holding them in different wallets, however the above chart shows that if your btc wallet address holds more than 0.01 BTC, that you are currently in the top 1% of the bitcoin richest addresses.
This is an interesting distribution chart, as the number of addresses holding 1k or more bitcoins is very small in comparison to the world's population. Where do you sit?
Does the stats strike a resemblance to something that is extremely familiar?
Sort of resembles how wealth is distributed in fiat currencies
Re: What do you think the price of bitcoin will be 1 year from today (feb 2015)?
If it were 1999 and we were in the dot.com bubble right now I wonder whether or not the people on this forum would be defending it fanatically, posting logarithmic charts with lines on them, etc.
Peoples reasons for believing Bitcoin will continue growing exponentially appear to be contrived afterthoughts. That doesn't necessarily mean they don't value privacy and freedom or think that Bitcoin has the potential to be useful but the main reason for the hype is people trying to make a buck.
Peoples reasons for believing Bitcoin will continue growing exponentially appear to be contrived afterthoughts. That doesn't necessarily mean they don't value privacy and freedom or think that Bitcoin has the potential to be useful but the main reason for the hype is people trying to make a buck.
No. Not really.
Care to explain why? Everything about Bitcoin and it's community are just about what you'd expect from a mania fueled speculative bubble. In your opinion why hasn't Wall Street and the business world at large gotten involved yet? Is it because they aren't comfortable with new technology?
A good bet would either be volatility (bad for business since 3rd party bitcoin exchangers like coinbase have to exchange BTC to USD or businesses could lose hundreds over night) or the shadiness of bitcoin and how the government(s) treat it.
If the price stabilized at a lower point, it'd be used much better as a currency rather than an investment, slow gradual growth rather than 10x the price in a year. This would increase mainstream adoption, and remove volatility.
Re: Join a community and make massive amounts of Bitcoin! Just hear me out..
I knew I'd get this reaction. But maybe you should look into what makes a pyramid scheme an actual scheme. It becomes a bad investment when there are already tons of members. But catching one early is a quick and easy way to make money. There is NO downside. Join and make bitcoin, simple as that. So long as you're willing to actually work and recruit.
People would only pay to join if it was already a massive community (it'd have to be free until that point). That's the only way this could work
Re: what are they going to do when the bitcoin chain becomes prohibitively large?
Buy 8TB external HDD for Bitcoin data directory and be prepared for next 6 or 7 years of blockchain growth! Or buy the second-hand 8TB drive 5 years from now for couple of dollars.
Or use SPV wallets
Once the blockchain is too big to be hosted on a single node, it might be split, and spread so each node only hosts a fraction.
If it's not confirmed you could try to double spend it
+1
Do this ASAP or your coins will be lost
Re: 79% Of Consumers Would Never Consider Using Alternative Currency Like Bitcoin
21% is more than enough. The others are just ignorant.
If BTC recieved more news coverage (actually explaining the technical details of BTC), then I'm sure that 21% would become 45-50%
If the price stabilizes, and bad exchanges go out of business, I'm sure they would
I also got robbed hundreds of litecoin for no apparent reasons on BTC-E. Coins withdrawn without any confirmation to my email AND I have 2 factor security too. All theyve given me is my logins and my IP. Maybe we could work together in this case. I feel your pain and your loss
Shows just how trustworth exchanges are when it comes to holding your coins. Large withdrawals should only be allowed from the IP used to make the account....
Anyone making a withdrawal that large wouldn't do it from a different location
