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Showing 20 of 479 results by true-asset
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Topic
Board Service Discussion
Re: Newbie here: Bitalo reputable? Or risky?
by
true-asset
on 19/03/2015, 00:18:25 UTC
m3110w: did you ever find out if Bitalo is trustworthy?
Post
Topic
Board Economics
Re: Economic Collapse Headed for U.S. in 2015???
by
true-asset
on 09/03/2015, 23:41:36 UTC
Every 6-8 years we have a crash - its known as the Short Term Debt Cycle

http://www.economicprinciples.org/

So yes, we are due for a crash in 2015/2016.
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Topic
Board Economics
Re: Banks are Pigs
by
true-asset
on 09/03/2015, 23:38:57 UTC
Use Blur to pipe your BTC through the Mastercard network. Everyone accepts Mastercard

https://www.abine.com
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Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
true-asset
on 09/03/2015, 21:46:05 UTC
That chart does not even work because you would have to implement the bitcoin decline etc.

This is supply inflation, not price inflation.

Sorry for my lack of economic knowledge, but what is the real difference?
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Topic
Board Project Development
Re: [ANN] Decentral Host - Decentralized, Anonymous Web Hosting That Accepts Bitcoin
by
true-asset
on 09/03/2015, 20:48:31 UTC
What kind of page load latency are we taking about? Can work for web apps that do sub second updates of content?
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Topic
Board Project Development
Re: 20 BTC bounty for first AT *atomic cross-chain transfer* with Script clone
by
true-asset
on 09/03/2015, 20:43:31 UTC
http://mercuryex.com/

Trades happen entirely on the blockchain, with no risk of the exchange getting hacked or greedy exchange operators running off with your money. Your private keys are only stored on your computer.

ATOMIC SWAP PROTOCOL

Mercury uses the cross-chain atomic swap protocol to facilitate fully trustless peer-to-peer trading, no trusted third party required.

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Topic
Board Project Development
Re: [ANN] Clef is secure two-factor authentication with no passwords or tokens
by
true-asset
on 09/03/2015, 20:32:58 UTC
I think the OP needs to outline the business model of Clef. How do you guys pay for all the servers and bandwidth? How do you guys pay for the technical and support staff?
Post
Topic
Board Mining
Topic OP
Discounted Heating for Low Income Families in Cold Regions via ASIC Miner Loans
by
true-asset
on 09/03/2015, 11:09:24 UTC
Has anyone attempted to pay people in cold places to install a compact ASIC like the Spondolies SP20 to heat up their homes?

This is how I see it can work.

1. Load the ASIC up with firmware that locks out the mining pool config from being changed.

2. Provide the "heater" (ASIC) for free, and pay for 50% of the electricity running costs.

3. Effectively mine bitcoins at 50% of the normal electricity costs, with no warehousing costs.

4. During spring, have the residents return the miners and ship them to another region that is now winter.
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Topic
Board Development & Technical Discussion
Re: how to handle btc in javascript
by
true-asset
on 09/03/2015, 10:56:14 UTC
Using integers is the correct way. You only use floats if you don;t know how many decimal places there are.
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Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Are there any protocols defined to move the fee from the sender to the receiver?
by
true-asset
on 09/03/2015, 10:52:53 UTC
⭐ Merited by ABCbits (1)
All you have to do is pay the receiver (amount - fee). Problem solved.
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Topic
Board Development & Technical Discussion
Re: Proof of reserves
by
true-asset
on 09/03/2015, 10:49:36 UTC
The open source exchange software http://peat.io has a working implementation of this in Ruby on Rails. Its being used by yunbi, coinspark and a few other exchanges.
Post
Topic
Board Development & Technical Discussion
Re: maximum unconfirmed transactions
by
true-asset
on 09/03/2015, 10:44:20 UTC
Is there graceful handling of that boundary case where miners run out of memory trying to queue too many unconfirmed transactions in Bitcoin Core 0.10?
Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: 0 confirmation confidence (of block inclusion)
by
true-asset
on 09/03/2015, 10:35:38 UTC
⭐ Merited by ABCbits (1)
Post
Topic
Board Bitcoin Discussion
Re: Why do you deny evidence? bitcoin has deluded all us
by
true-asset
on 09/03/2015, 10:33:43 UTC
You can only be deluded by something that you invested in without fully understanding. You do not have to hold bitcoin longer than 1 day to benefit from it as a payment vehicle. If you want to treat it like an investment, than you need to do a lot more research about why its going to appreciate in exchange rate against the dollar before throwing money at something you do not really understand fully.
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Topic
Board Bitcoin Discussion
Re: Is bitcoin a virus to humanity, just another thing to manipulate us.
by
true-asset
on 09/03/2015, 10:30:13 UTC
You can only be manipulated by something that you do not truly understand.
Post
Topic
Board Bitcoin Discussion
Re: Question about the price gap between BTC-E and Bitstamp
by
true-asset
on 09/03/2015, 10:29:05 UTC
I think that the real reason is that BTC-E charges at least 1% to get fiat deposits processed into an account. THerefore, it makes sense that the price on BTC-E is at least 1% lower than Bitfinex/Bitstamp, who do not charge for deposits.
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Topic
Board Micro Earnings
Re: In 2015, faucets are bad for bitcoin
by
true-asset
on 09/03/2015, 10:25:25 UTC
The problem is that most faucets will not let you withdraw until you reach 0.001, which can take over a week of viewing ads, clicking around and wasting lots of time in general.
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Topic
Board Off-topic
Re: If BTC goes to $1000 or more, what would you do?
by
true-asset
on 09/03/2015, 08:44:47 UTC
The last peak was around $1200, so I would expect the next peak to be around $2400. Therefore, I will hold as it crosses the $1000 mark again.
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Topic
Board Speculation
Re: Bitstamp is open - now with multisig
by
true-asset
on 09/01/2015, 23:36:29 UTC
They claim to use multisig now - can someone check if the deposit addresses start with 3 now?

If the not, then the hot wallet is not using multisig - and therefore not much has really changed security wise.

It seems they just migrated from cold storage to multisig for the cold wallet - which does not really improve security that much.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools)
by
true-asset
on 09/01/2015, 07:22:02 UTC
Mr Spread: Is the Spreadcoin implementation of pool elimination technology the same as 2P-PoW (Two Phase Proof of Work), as described here: http://hackingdistributed.com/2014/06/18/how-to-disincentivize-large-bitcoin-mining-pools/

If the two methods are difference, could you outline what the differences are?

Thanks for your time.