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Showing 10 of 10 results by CryptoCopyPast
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Topic
Board Beginners & Help
Re: Bitcoin big changes since Satoshi
by
CryptoCopyPast
on 28/02/2021, 14:52:46 UTC

What's a "big change". Multisig, segregated witness and the lightning network all came in after Satoshi had disappeared so yes it did.
Is the Lightning Network part of the Bitcoin protocol? No.
I do not mean BIP updates or soft fork rather a change from what bitcoin was.

I'll give some quotes to clarify what I mean.

Quote
On July 29 2010, it was discovered that block 71036 contained several transactions with a ton of OP_CHECKSIG commands. There should only ever be one such command. This caused every node to do extra unnecessary work, and it could have been used as a denial-of-service attack. A new version of Bitcoin was quickly released. The new version did not cause a fork on the main network, though it did cause one on the test network (where someone had played around with the attack more).


Quote
seems a block at height 74638 has expoited a bug in the net. It uses an integer overflow to make a negative total transaction. The two transaction outputs are:

 out Value:92233720368.54(7ffffffffff85ee0) out Value:92233720368.54(7ff
ffffffff85ee0)

We need a fix asap

Edit:
(satoshi)
0.3.10 patch download links here:
http://bitcointalk.org/index.php?topic=827.0
Post
Topic
Board Marketplace
Re: Don't buy "wallet.dat" files with lost passwords; EXCHANGE THEM
by
CryptoCopyPast
on 28/02/2021, 14:46:27 UTC
- Your "wallet.dat" file must be one of those advertised on the website indicated above.
Where is the link to this site I do not find that site.
Why do I swap one file with another? How will I benefit? It will not be easy to guess the password for a wallet with all that bitcoin in it.
Post
Topic
Board Beginners & Help
Bitcoin big changes since Satoshi
by
CryptoCopyPast
on 28/02/2021, 14:33:52 UTC
Did the network get big changes after Satoshi's disappearance?
Post
Topic
Board Development & Technical Discussion
can block be mined before its parent block?
by
CryptoCopyPast
on 28/02/2021, 11:52:42 UTC
There is no central clock in Bitcoin miners can mine the block before it is broadcast to gain an advantage of finding next block before others * They don't do that * But can the block be mined before its father?
how does the sync happen, does time stamp included into nonce
Post
Topic
Board Bitcoin Technical Support
Re: How to get old Bitcoins back
by
CryptoCopyPast
on 28/02/2021, 11:40:07 UTC
So my dad got 100$ worth of bitcoin back in 2009, he got a 'verification code' to his old email but forgot about it afterwards. Is there anyway to retrieve the bitcoin now, he doesn't have his old computer so there's no backup. Pls help lol   Tongue  (edit: there is a hard drive with it on it, does that mean anything?)
Send an email to Craig Steven Wright, Tongue Tongue he has access to that private key.

If you get your money back, send me $ 100,000. Roll Eyes Roll Eyes

Post
Topic
Board Speculation
Re: $2.5 million BITCOIN... What would that do?
by
CryptoCopyPast
on 27/02/2021, 15:15:34 UTC
2,5 million/BTC seems a bit unrealistic to me... But still...
Let's assume that in a couple of years, about 20.000.000 exist. Satoshi isn't around anymore, so at least 1.000.000 BTC are lost.

Let's (for the sake of argument) say that most of those oldtime holders decide to sell their holdings, and 15.000.000 BTC are in circulation (this is a big stretch).
The monetary value of those 15.000.000 BTC would be 15.000.000 x 2.500.000 = 37.500.000.000.000

There are 8.000.000.000 people in the world. That's ~4700 USD worth of BTC for each inhabitant of earth.
If you assume only half of the population holds btc, that's still only $9400 worth of BTC/person. This wouldn't make half of the earth's population millionaires i'm afraid...

Let's add the fact that i don't see 2.5 million/BTC exchange rate, and i don't see those longtime holders all selling their stash to get a circulation of 15.000.000...

This tweet from glassnode is interesting: https://twitter.com/glassnode/status/1344020551942238212
They estimate only ~5.000.000 BTC to be in circulation.

This makes the claim you sometimes see that guesses BTC might rise to $500.000 by the end of the year at least plausible:
(5.000.000 x 500.000 ) / 8.000.000.000 = $312 worth of BTC/inhabitant of earth.
Even if only 1% of the population holds btc, it would only be $31.200 worth of BTC/holder.
I see this as overly optimistic, but not completely inpossible.

Why did you distribute it equally to all individuals in the world. About 20 people own about 10 trillion dollars, which is greater amounts than all people in the world own.
If these rich people, for whatever reason, decide to invest 50% of their assets in Bitcoin, then this means $ 5 trillion, which alone is sufficient to make the value of Bitcoin $ 250,000.
If we ignore the lost currencies, which were lost with the addition of investments to the rest of the world, then a million dollars may be possible.
If the inflation rate increases and the US dollar loses much of its value, then $ 2 million may make sense.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will replace the Silver Marketcap
by
CryptoCopyPast
on 20/02/2021, 19:23:28 UTC
Replacing silver will not be an easy task. We need $ 80,000.
Bitcoin may do this by the end of this year we are very far from these levels. We may do that, but it is very difficult.
Price is not a problem. an increase in adoption and an increase in people's confidence in Bitcoin, not speculation and speculation.
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Topic
Board Altcoin Discussion
Re: Crypto with highest upside outside of bitcoin and ethereum
by
CryptoCopyPast
on 20/02/2021, 19:00:25 UTC
The speed at which the developers work and develop the coin will determine its future. Slow development means that one currency will evolve over another.
Bitcoin means more security, Ethereum means more proficiency and efficiency.
Fees are an issue right now but price volatility makes a 1% payment not such a big deal.
Post
Topic
Board Altcoin Discussion
Re: Do you think the price of neo will reach $ 200?
by
CryptoCopyPast
on 20/02/2021, 16:27:02 UTC
Bitcoin has risen and not all altcoins have risen, the season is still in its infancy and many people are expecting to make more profits.
Bitcoin dominance as it begins to decline we will see more support for currencies.
I will bet on Neo if the problem of high fees persists ETH network or its fees become very annoying.
Centralized currencies and decentralized financing attract a lot of limelight. It could be the start of the season.
Post
Topic
Board Trading Discussion
Re: 100 dollar gains?
by
CryptoCopyPast
on 18/02/2021, 13:16:13 UTC
Doubling the value of the dollar does not happen without trading.
need to trade and use some financial tools to double 100 that you have.
buying and waiting, it will not bring you any gains unless the price rose by 100% from the date you bought the currencies and not from another date.

use dollar average cost and buy 100 every sudday and your price will increasing fast.