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Showing 20 of 135 results by Coldsnap4457
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Board Bitcoin Discussion
The Bitcoin Scaling Wars - Part 1 - The Dark Ages
by
Coldsnap4457
on 22/11/2017, 00:21:30 UTC
This article is very interesting:

https://www.yours.org/content/the-bitcoin-scaling-wars---part-1---the-dark-ages-d71e23cffbe7

I've been reading more and more about censorship on the bitcoin forums.  They're becoming like the North Korean media.
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Board Bitcoin Discussion
Re: r/bitcoin is like the North Korea media
by
Coldsnap4457
on 17/11/2017, 00:26:00 UTC
So much for believing in

CENSORSHIP RESISTANCE and PERMISSIONLESS.

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Topic
Board Bitcoin Discussion
r/bitcoin is like the North Korea media
by
Coldsnap4457
on 16/11/2017, 17:28:50 UTC
Roger Ver and Jihan Wu have stated that there is censorship on r/bitcoin subreddit.

I tested it out. I entered a dissenting viewpoint on r/bitcoin. It was removed.

This is stunning. I can't believe it.

r/bitcoin is like an echo chamber and fake news.

r/bitcoin is like the North Korea media.
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Board Altcoin Discussion
Re: I hope you guys won't fall for this BCH joke
by
Coldsnap4457
on 13/11/2017, 18:53:58 UTC
It's exactly what the whales are waiting for Smiley) They sold Bitcoin at more than 7k$ then dump Bitcoin price by leaving Bitcoin and pump Bitcoin Cash price for few days, a lot of new traders falled into this trap cause they were afraid about it then tried to cut the loss Smiley). Bitcoin price quickly dumped to under 6k$ and it's the good times for the whales to buy it back Cheesy. This drama is played again and again in this world but there are still a lot of people fall into it Smiley)

Who are these whales?  Can you provide proof that they did this?
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Board Bitcoin Discussion
Re: 134k unconfirmed transactions now. I'm starting to get really worried about this
by
Coldsnap4457
on 13/11/2017, 18:49:31 UTC
Along with Bitcoin spam transactions they're also trying to make emergency adjustments to BCH mining difficulty while they pump BCH price. They also have "BCH much wow" sockpuppets roaming the web talking up to coincide with pump movements.

It's not something that's sustainable, they can only do it in burst and each burst gets more pathetic as the cryptocommunity wises up and tells them to fuck off.

Transactions will clear when they've burnt through too much money and give up, there's also only so long collaborators like Shapeshift can justify putting a hold on Bitcoin transactions.

Take note of what all of these people are doing now, remember who betrayed and tried to manipulate you when the dust settles.

I assume that you are saying that they are spamming Bitcoin?  Can you provide proof?
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Board Altcoin Discussion
Re: I hope you guys won't fall for this BCH joke
by
Coldsnap4457
on 13/11/2017, 17:48:40 UTC
With this whole BCH thing, i tend to say, do not follow the herd off the cliff, do your solid research, and then make up your mind. A pump that fast was sure to dump, but the mania is dangerous. BTC has its own problems, but even so, BCH shouldn't pump/dump that quickly. Logical thinking is needed. Bitmain only accept payments for their latest miner in BCH, thats concerning.

Can you provide proof that this price change is a result of pump and not the fear that Bitcoin will never scale?

BCH is shit! Angry

I ordered some AntMiners from Bitmain just after the last block confirmed. It is now 2 hours and 43 minutes later and my transaction has not yet confirmed because there are no blocks. It seems like BCH miners are just opportunistic parasites that jump off BTC to BCH when the price of BCH goes up, and jump back to BTC immediately after the price drops.

At least with BTC there are enough miners who stick around to keep the system functioning, albeit at a lower rate.

Will the block times change after BCH changes their difficulty algorithm today?

Bitmain jump back to BTC? According to Bitmain's site, they still say that they only accept BCH. 
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Board Bitcoin Discussion
Re: 134k unconfirmed transactions now. I'm starting to get really worried about this
by
Coldsnap4457
on 13/11/2017, 17:42:03 UTC
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or commerce?

That is why you are paying much because of the damn traffic.
As long as you will pay more you will be the priority.
Pfft and you just knew tht now?.
I am not worried until now. This things already happened before.
 Are all who comments hdre are newvbies?

Are you saying that Bitcoin is going to become less popular because traffic is going to down?  What happens when Bitcoin becomes more popular?  Will I pay $80 fees to get my BTC sent in a fast time?

Here's the latest block mined:  https://blockchain.info/block/0000000000000000000df6d1c8c0ddd830af3e56d53d03dee729196f57ae7397

Transactions Fees:  2,691.49305778 BTC

Number of Transactions:  2159

Average fee per transaction:  0.001755369 BTC

If BTC = $6,500, then average fee is $11.41.

A paper check in an envelope is cheaper.
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Board Altcoin Discussion
Re: I hope you guys won't fall for this BCH joke
by
Coldsnap4457
on 13/11/2017, 17:33:28 UTC
"The simplest option would have been to raise the block size cap from 1 MB that Satoshi Nakamoto originally added as a temporary measure to prevent spam transactions. However the company BlockStream, backed by insurance giant AXA[ref] which now has the majority of developers controlling the Core repository did not want that. They wanted to stifle on-chain capacity so they could force users and transactions into using their patented side chain called Lightning Network[ref]. Not to mention that the Lightning Network will abandon the original Bitcoin vision for a fully decentralised payment system[ref] and move to a system which is more like regular banks which can be controlled, regulated and censored[ref]. This is a disgusting hostile corporate takeover attempt of Bitcoin and the goal is to kill it off as a decentralised currency."

https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.
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Topic
Board Bitcoin Discussion
Re: 134k unconfirmed transactions now. I'm starting to get really worried about this
by
Coldsnap4457
on 13/11/2017, 17:27:39 UTC
The clogged up mempool is NOT the only PROBLEM!

I just paid close to $40 fee to send some BTC.

WTF?!?!

How the hell can Bitcoin be used as a currency or for buying anything?

If I was to pay someone in another country, I'd rather mail a check in an envelope.
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Topic
Board Altcoin Discussion
Re: Which ICOs you suggest for November
by
Coldsnap4457
on 29/10/2017, 14:57:20 UTC
ICO safety thread "3 kinds of ICOs — Protect yourself": https://bitcointalk.org/index.php?topic=2243157.0

That ICO safety threat that you quoted likes EOS, Overstock and Stockbet, which I agree with, except maybe EOS.

See https://bitcointalk.org/index.php?topic=2320828.0 about Overstock and Stockbet
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Board Altcoin Discussion
Re: ICO - Legitimate with Huge Potential
by
Coldsnap4457
on 29/10/2017, 12:50:39 UTC
utrust was one of the best, but it has turned to a shady mode, i dont like how it is going.

about utrust https://bitcointalk.org/index.php?topic=2243157.msg23632808#msg23632808

Stick with ico’s that have working software
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Board Altcoin Discussion
Re: ICO - Legitimate with Huge Potential
by
Coldsnap4457
on 29/10/2017, 12:02:33 UTC
Stockbet’s token sale starts in 2 hours
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Topic
Board Altcoin Discussion
Re: ICO - Legitimate with Huge Potential
by
Coldsnap4457
on 29/10/2017, 10:38:53 UTC
I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.

Join in one of the bets:

Overstock:  https://stockbet.com/#/BullBear/round/17972

Bitcoin:  https://stockbet.com/#/BullBear/round/17973

Ethereum:  https://stockbet.com/#/BullBear/round/17970
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Topic
Board Altcoin Discussion
Re: ICO - Legitimate with Huge Potential
by
Coldsnap4457
on 29/10/2017, 02:11:43 UTC
So the plan is when the ICO ends, every single bet will be processed in the tokens that are sold in the initial ICO stage, correct? I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.

Hopefully more people can hear about this project Smiley

As far as I know.
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Topic
Board Speculation
Re: I BUY GOLD OR BITCOIN?
by
Coldsnap4457
on 28/10/2017, 23:10:06 UTC
Old ask and asked many times

this pic may give you answer



Source https://getabitcoin.files.wordpress.com/2014/04/goldvsbitcoinvsdollar.png




 for me i prefer Gold more Because women love it more than Bitcoin and can invest it  Cool Cool

I don't know about the Theft Resistance. Lots of bitcoins have been stolen.
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Board Bitcoin Discussion
Re: How to cash out Bitcoin anonymously?
by
Coldsnap4457
on 28/10/2017, 23:00:55 UTC
Have you tried out LocalBitcoins?

The limitation is that the buyers and sellers usually deal in smaller amounts.
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Topic
Board Bitcoin Discussion
Re: Bitcoin and Virtual Reality
by
Coldsnap4457
on 28/10/2017, 22:59:47 UTC
I agree with squatz1

And how will the blockchain be able to support so much data? Blockchains run on people's computers. Can they run Virtual Reality on their home computers?
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Hackable?
by
Coldsnap4457
on 28/10/2017, 22:44:50 UTC
Some believe that the NSA will eventually hack bitcoin
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Topic
Board Altcoin Discussion
Re: ICO - Legitimate with Huge Potential
by
Coldsnap4457
on 28/10/2017, 22:30:26 UTC
Recently there has been a lot of gambling ICOs, with Bitdice etc.

I think the idea of social competition where people can match up with each other instead of having to deal with a boring order book is great and will boost the business. However whether or not an ICO is going to be worth an investment is doubtful.

Where are the token's value actually going to come from?

Yes there has been a lot of gambling ICOs, but most are casino or computer gaming type gambling. Stockbet is the only one focused on financial betting that I'm aware of.

The token's value is going to come from multiple sources

- Winnings. Token holders are like the house. The house always wins.
- The white paper says that a % of the house cut will be burned. So with deflation, the tokens will go up in value
- Demand. Let's say people want to gamble in total $1 billion worth. They'll have to buy Stockbet tokens to do this. This will drive up demand for Stockbet tokens and its value.
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Topic
Board Altcoin Discussion
Re: best ico coming...
by
Coldsnap4457
on 28/10/2017, 21:55:29 UTC
Stockbet is rare because they have working software. I’m playing in their Bitcoin round. Take on my bet

https://stockbet.com/#/BullBear/round/17973

According to Coindesk, gambling and cryptocurrencies have huge potential. They call it the perfect storm.

https://www.coindesk.com/national-economics-gambling-cryptocurrency-perfect-storm/

Stockbet wants to gamify the biggest asset classes in the world

Derivatives - $630 trillion
Fixed Income - $199 trillion
Stocks - $70 trillion

If Stockbet gamifies only a tiny percent of this, it will be bigger than all of the cryptocurrencies combined.

They already let you bet on cryptocurrencies, but it’s only worth $165 billion.

Read more https://bitcointalk.org/index.php?topic=2320828.0