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Showing 20 of 93 results by slacknation
Re: "Stress Tests", Spammers, Attacks: Burning My Butt. Very Bad.
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Following up on Xialla's experience, I sent a small amount as a test (roughly 0.005 BTC) with a fairly large fee (BTC 0.0006) to see how long it would take at about 10:30 PM US ET on July 6.
Confirmed by the next block. And second confirmation by the next one after that.
For me, getting a "real payment" (say, over $1.00) confirmed, even at a higher amount of fee (and I would think that a BTC 0.0002 would be reasonable), is much important than being able to send out $0.20 for free......
But, hey, that's just me.
(Edited for correct amount sent and date, doh!)
Following up on Xialla's experience, I sent a small amount as a test (roughly 0.005 BTC) with a fairly large fee (BTC 0.0006) to see how long it would take at about 10:30 PM US ET on July 6.
Confirmed by the next block. And second confirmation by the next one after that.
For me, getting a "real payment" (say, over $1.00) confirmed, even at a higher amount of fee (and I would think that a BTC 0.0002 would be reasonable), is much important than being able to send out $0.20 for free......
But, hey, that's just me.
(Edited for correct amount sent and date, doh!)
there is a lot of confusion as bitcoin had been known famously for free transactions
Re: "Stress Tests", Spammers, Attacks: Burning My Butt. Very Bad.
You can't double spend it, since a node that has the "old" transaction already in their mempool doesn't accept the "new" transaction.
That is to prevent double spends.
F2Pool has recently enabled 'replace-by-fee' feature, which allows you to 'double-spend' unconfirmed txs by adding higher fee.That is to prevent double spends.
Though most nodes would refuse to accept to mempool and relay a replacement tx until they have this feature enabled (which may happen in the future).
they have changed to First-seen-safe replace-by-fee [FSS RBF]
https://www.reddit.com/r/Bitcoin/comments/3aejmu/f2pool_we_recognize_the_problem_we_will_switch_to/
bought bitcoin when they were just $3 I bet hes got around 50,000 BTC in his wallet and when the price sky rockets hill be a multitrillionaire eny ho know his btc address?
He announced on March 9, 2013 that he had over $1 million in bitcoins. The price around that time was between $50 and $120. That means that he probably had between 8000 and 20,000 BTC. My guess is closer to 10,000. He might have more now, as a result of his QRK pump-and-dump.
As for "his btc address", nobody with a large number of bitcoins stores them all in a single address.
there's actually 100 addresses with more than 10k bitcoins
Re: Why was 21 million coins chose as the total number of bitcoins?
21 million was not chosen, 21 million is the result of multiple other choices.
Initial block reward was 50BTC
1 block is made every 10 minutes
Block reward halves every 4 years
Those three choices lead to 21 million coins, after so many halvings the block reward eventually hits 0 and at that time the number of coins generated happens to be just under 21 million.
Initial block reward was 50BTC
1 block is made every 10 minutes
Block reward halves every 4 years
Those three choices lead to 21 million coins, after so many halvings the block reward eventually hits 0 and at that time the number of coins generated happens to be just under 21 million.
if you look into the source code, 21m was hardcoded, not derived as you have mentioned
Re: ChatBitco.in (Anonymous chat with 1BTC reward every month)
Reached 10 online users!
online users but no chat, lol
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
Is it better to do Margin trading in fiat or btc? You can do both right?
If you hold 1 BTC, you can sell that one and another one, so you gain the difference of 1 BTC movement on the way down.If you hold 1 BTC worth of USD, you can sell 3 BTC, so you gain 3x BTC movement on the way down.
Do not ask me why it is done this way on bitfinex. But you see how holding BTC in bear markets is a bad idea.
I thought they changed that a while ago, so that if you go short against a deposit of BTC or long against a deposit of USD you "borrow" (without any fees) from your own funds before you take any swap. I remember an announcement saying that they'd realised that the way it was set up you effectively got more leverage by holding your deposit in the same currency as you were borrowing, and that the change had evened it out so that it didn't matter which one you started out holding.
if you could provide the relevant order history, we can figure out why you have a positive balance when you said you have sold the pair. I don't think there are these type of errors in the platform as you have claimed
Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE]
Another "site has lost" 3'000 bitcoins , here more information : https://bitcointalk.org/index.php?topic=959767.0
(someone from you know the chinese language , it would be interesting translate this document - http://weibo.com/p/1001603811406934850153).
(someone from you know the chinese language , it would be interesting translate this document - http://weibo.com/p/1001603811406934850153).
Old BTC theft, from May 2014,but the way hackers did it looks very similar to BTER theft. Unfortunately, BTER site is not at dedicated servers,but on same servers as hundreds of other websites.It made significantly easier for hackers to robbed them.
Would it matter where they host their web services if a cold wallet was compromised that was supposedly not there?
it does, for bter, the private key of the cold wallet was not compromised
the process of transferring bitcoins into hot wallets was compromised so in a sense if you are hosted on a non secure platform, your hot wallet address could be changed to empty your cold wallet
Let's hope that this auction doesn't negatively affect the BTC price too much.
These coins aren't usually dumped on the market.
Exchanges usually buy them at a good price and sell them for a better price.
Hacked coins are usually dumped coins.
if exchanges got these coins, you can be sure that they bought below market price and will sell them for a profit whenever they had the chance (look at their past low bids).
anyway the discussion is on people lowing the market exchange rate so that the auction will take place when the bitcoin price is low
on the other hand, there are lots of hacked coins that became dormant for a period of time
Re: Regulation is an obligation : MyCoin Disappears with Up To $387 millions
these problems can be solved with bitcoin itself (think multi sig and customers owning private keys), but if you use an old model (exchange), of course the same old problems arise (fraud/scams).
on another note, they were operating a ponzi scheme as a main business (promising high returns without solid business backing), the exchange is just a side business.
on another note, they were operating a ponzi scheme as a main business (promising high returns without solid business backing), the exchange is just a side business.