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Showing 16 of 16 results by Intutan
Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero
I think the Monero is less profitable to mine than the ETH at present.
It's difficult to predict.
Seems the harder it is to tempt holders to sell, the lower btc would have to go to shake out weak hands.
Seems the harder it is to tempt holders to sell, the lower btc would have to go to shake out weak hands.
I keep on buying when the price dip through $7000 and sell a small amount when the price is over $8,000. I have made some profit by doing that.
Re: why do you think satoshi nakamoto kept his identity as a secret?
Satoshi nakamoto kept his identity as a secret because he carries a lot of bitcoins and he doesn't want to be exposed as the owner of the biggest holding of bitcoins because if he will expose himself with his identities then it will be a lot of danger to his life and he might be killed or assassinate or something just to get the bitcoins from his wallet.
I agree with that. If he tells us about it, then he has to pay a lot of taxes.
he may be rich, he probably is nuts now, he may well be stupid. but i doubt he's stupid enough to do that.
I think he is still the richest person in the bitcoin world and he is even richer today after the big rise.
http://www.coindesk.com/litecoin-miners-back-plan-support-segwit-blockchain-upgrade/
8-Hour Miner Meeting Ends With Litecoin Scaling Agreement
Litecoin's scaling debate may be coming to an end.
A group of miners and exchanges is throwing support behind a new proposal, an agreement that follows weeks of increasingly acrimonious debate over whether the technical upgrade would be enacted on the litecoin network, the fourth-largest cryptocurrency by market capitalization.
Backed also by the cryptocurrency's creator, Coinbase employee Charlie Lee, the statement endorses a "Segregated Witness soft fork on Litecoin", which would bring a scaling upgrade first proposed for bitcoin to litecoin, most likely sooner than it could be activated on the bitcoin blockchain.
According to organizer and litecoin community member 'PZ', the meeting was held on WeChat for over eight hours, from 12pm to 8pm Beijing Standard Time today.
Created by bitcoin's development team, the SegWit upgrade has long been lauded for the creative way it seeks to increase transaction capacity without needing to alter hard-coded block size rules. Litecoin, like bitcoin, also has a 1 MB cap on the total capacity of transactions per block, and as such, it faces similar scalability constraints long term.
Overall, the statement endorses a collaborative approach and blasts the use of so-called user-activated soft forks, or UASFs, as viable scaling alternatives.
The post reads:
"We agree that protocol upgrade should be made under community consensus, and should not be unilateral action of developers nor miners. We advocate that Litecoin protocol upgrade decision should be made based on the needs of the users, through the roundtable meeting voting process, and activated by miner voting."
Miners backing the proposal include Bitmain (Antpool), BW.com, BATPool, F2Pool and LTC1BTC a combination that represents roughly 68% of the hashrate. That number rises to approximately 84% if you include LTC.top, which is reportedly controlled by the same owners as LTC1BTC according to the meeting's organizer.
Notable among the participants, however, is Bitmain, which threw its support behind a potential block size increase as well in the future provided that capacity usage rises over a certain threshold.
Speaking to CoinDesk, Bitmain co-founder Jihan Wu confirmed he was personally in attendance at the meeting, despite his long opposition to the same upgrade on the bitcoin network. He said that it was the combination of SegWit, with a promise to support on-chain scaling solutions, that ultimately led Bitmain to back the proposal.
"Charlie [Lee] promised to provide solution of increasing the block size when it is half full," he said.
Going forward, it's unclear how quickly the capacity upgrade could be enacted on litecoin. Miners will now need to signal for the upgrade by downloading the latest software that includes support for SegWit.
More than 75% will need to signal for the upgrade, and this figure will need to be held for two weeks, according to the original proposal, published with the software in January.
"When the usage of litecoin block capacity is over 50%, we will start to prepare for a solution to increase the 1 MB block size limit through a hard fork or soft fork," the statement reads.
According to organizers, efforts are being made to bring other parties and stakeholders within the group, including exchange services Bitstamp, BTC-e, Bitfinex and Poloniex.
8-Hour Miner Meeting Ends With Litecoin Scaling Agreement
Litecoin's scaling debate may be coming to an end.
A group of miners and exchanges is throwing support behind a new proposal, an agreement that follows weeks of increasingly acrimonious debate over whether the technical upgrade would be enacted on the litecoin network, the fourth-largest cryptocurrency by market capitalization.
Backed also by the cryptocurrency's creator, Coinbase employee Charlie Lee, the statement endorses a "Segregated Witness soft fork on Litecoin", which would bring a scaling upgrade first proposed for bitcoin to litecoin, most likely sooner than it could be activated on the bitcoin blockchain.
According to organizer and litecoin community member 'PZ', the meeting was held on WeChat for over eight hours, from 12pm to 8pm Beijing Standard Time today.
Created by bitcoin's development team, the SegWit upgrade has long been lauded for the creative way it seeks to increase transaction capacity without needing to alter hard-coded block size rules. Litecoin, like bitcoin, also has a 1 MB cap on the total capacity of transactions per block, and as such, it faces similar scalability constraints long term.
Overall, the statement endorses a collaborative approach and blasts the use of so-called user-activated soft forks, or UASFs, as viable scaling alternatives.
The post reads:
"We agree that protocol upgrade should be made under community consensus, and should not be unilateral action of developers nor miners. We advocate that Litecoin protocol upgrade decision should be made based on the needs of the users, through the roundtable meeting voting process, and activated by miner voting."
Miners backing the proposal include Bitmain (Antpool), BW.com, BATPool, F2Pool and LTC1BTC a combination that represents roughly 68% of the hashrate. That number rises to approximately 84% if you include LTC.top, which is reportedly controlled by the same owners as LTC1BTC according to the meeting's organizer.
Notable among the participants, however, is Bitmain, which threw its support behind a potential block size increase as well in the future provided that capacity usage rises over a certain threshold.
Speaking to CoinDesk, Bitmain co-founder Jihan Wu confirmed he was personally in attendance at the meeting, despite his long opposition to the same upgrade on the bitcoin network. He said that it was the combination of SegWit, with a promise to support on-chain scaling solutions, that ultimately led Bitmain to back the proposal.
"Charlie [Lee] promised to provide solution of increasing the block size when it is half full," he said.
Going forward, it's unclear how quickly the capacity upgrade could be enacted on litecoin. Miners will now need to signal for the upgrade by downloading the latest software that includes support for SegWit.
More than 75% will need to signal for the upgrade, and this figure will need to be held for two weeks, according to the original proposal, published with the software in January.
"When the usage of litecoin block capacity is over 50%, we will start to prepare for a solution to increase the 1 MB block size limit through a hard fork or soft fork," the statement reads.
According to organizers, efforts are being made to bring other parties and stakeholders within the group, including exchange services Bitstamp, BTC-e, Bitfinex and Poloniex.
9.2 is much more stable
Normally at 9.1 it got crashed after 24h
Now it is running 36h still no problem great job
Normally at 9.1 it got crashed after 24h
Now it is running 36h still no problem great job
Its same for me 9.0, 9.1, 9.2. Weird part is its still the same few rig who always crash. So I think my PC is old and some part is broken.
Just reduce the clock. It works for me.
Anyway to short this coin? And just mine that way, since most likely with the increasing supply it won't go up.
Its on BitMEX but price is 0.1668 there, almost 75% higher.
Its on BitMEX but price is 0.1668 there, almost 75% higher.
That means the price the other person would like to buy is 0.016. So if you think the price will go lower than that, it is still a good price to sell.
Re: Pros and cons of using new Bitcoin addresses for each transaction?
I just have a few addresses I usually always use.
When I generate a new address, does that mean I have to put my funds first on the new address and make the real transaction then?
Would that mean I had to spend the transaction fee two times?
When I generate a new address, does that mean I have to put my funds first on the new address and make the real transaction then?
Would that mean I had to spend the transaction fee two times?
The funds will stay in your old address. You create the new address is to receive the money, not spend.
Sorry OP, but apparently you'll die poor. All your FUD didn't help at all. But there's a chance to recover all your lost money: stream your ending.
There are good development of the Etheruem and it has good community support. So I think it will last long.
Re: Pros and cons of using new Bitcoin addresses for each transaction?
using a lot of address is more secure and harder to track, for security reason generating new address every few transaction is better, the hacker also wont be to excited to try to hack your wallet if you only have few coins in 1 address, the cons is it hard to manage so many address and sometimes when you want to ask somebody to send something to your address you need to check your address again because its too many and too messy
I agree with that. I use one address for each transaction. So the amount in each address is quite small actually.
Re: Pros and cons of using new Bitcoin addresses for each transaction?
I actually stopped thinking of the BitCoin adresses as my Account number, and started considering them a reference number for each transaction 
That is what I think and do. I create new address for every transaction so that I know who I receive the money from.
It all depends on the supply and demand of the bitcoin that determines its price, if theres a sustainable balance between the two; the value of bitcoin will continue to rise, especially after the halving event as you look at the statistics of the last halving scenario.
Good point of view that bitcoin price is really depend on supply and demand , if supply of bitcoin will be increase then bitcoin price will be decrease and if supply decrease and demand increase then price is going to higher .The bitcoin is not innovative enough. Investors are trying to find some other coins which are more useful than the bitcoin. The bitcoin price might drop relative to other coins.
That's really our goal to see a stable price in the future, if we see a consistent increase of the price of bitcoins, we are feeling happy with that because that implicates that new users are coming in which makes the price eventually increase.
When the bitcoin price is stable, more people will use it as investment or currency, the price will rise further.
yes but presently it is stuck aroung 600 to 700 hundred for such a long time i think that is also good that it is balanced there in one place. that is what its mean that bitcoin is stable
I feel discourage every time I'm checking bitcoins price because it is not increasing anymore. But I'm still waiting and hoping that the price is going to increase sooner or later and if that happens surely that bitcoin is continuous rising at all.
If you keep you aim at long term, you will not be disappointed. The price more than doubled in the last 12 months.
I am thinking it will be a continuous rise, can't see a drop. It has been way too quiet lately and we are approaching the halving.
The halving is going to come pretty soon now and I believe that the price is going to rise after the halving but I am not sure about that. If the price is going to drop that is also good because then I can buy again.
I think that the price is going to rise again after the halving but I am not sure so do not quote me on it.
That is reasonable. The price has already doubled in the last twelve months. The price could double again.
Bitcoins are not continuous rising but there are allot of people who thinks it is only rising but there are also allot of drops most of the time the drops are not really big but it are
drops and that is never good for the bitcoin. But after drops also comes price increasings and that will happen more than the bitcoin drops.
For me i think the price will continue to increase until the halving it can make it more than $700. But for now the price is quietly stable because theres no users want to buy bitcoin instead they only want to collect even small amount of bitcoin in signature campaign. drops and that is never good for the bitcoin. But after drops also comes price increasings and that will happen more than the bitcoin drops.
The halving news is already in the price. We will not have much price rise due to the halving. It will rise some time after halving.