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missfox

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    missfox
  1. Privacy online

    How often do you think about privacy on the internet? Most of us understand that everything we post online is there forever and can never be removed. If I post something online, I often feel uncomfortable knowing that I can't take it back. I imagine it as a bad thought that might be said aloud and can never be undone. That's what internet and privacy means to me. What does it mean to you and how do you feel about it? What are the ways you remain anonymous online?
  2. Let's say you have bitcoins on the legacy chain, (BTCaddress1) As a result, you got whatever amount of bitcoins held there in the BCash chain, (BTCaddress2) Finally, you didn't move your coins from there, come November and you get whatever amounts of bitcoins held on BTCaddress1 in 2x's chain (BTCaddress3). Notice that BTCaddress1, BTCaddress2 and BTCaddress3 are all the same address because the jackasses doing forks don't even bother in having their own address formats. Anyway, my question is... does this pose any risk when I try to access one of them? what would be the correct way to access BCash and 2x without screwing up in the process? im not sure since it's a triple match...
  3. Children and technology

    Would you let your kids grow up with a dependance on technology? Would you let them spend most of their time on the computer or playing video games? Do you think that may have some negative effect on their health or learning habits?
  4. Are you self actualised?

    Do you seek self actualisation? What are the ways in which you try to remove the barriers spoken of in the following article? http://mind-development.eu/maslow.html
  5. As Janet Yellen admits “the Fed does not understand inflation”, there will be absolutely no way to control it once hyperinflation sets in. Michael Pento says the Fed won’t be able to contain inflation as Janet Yellen says “we really don’t understand inflation”. https://silverliberationarmy.blogspot.ca/2017/10/michael-pento-central-banks-will-not-be.html
  6. Do you believe in the news?

    Or do you think the media is independent ?
  7. Some people do not want to eat meat. They choose to be vegetarian, for a few reasons; hating animals, or dietary reasons. In my own opinion I eat to what my body needs, and I believe everyone is different and no diet fits all. I actually thought about being vegetarian this summer because I don't need to eat too much meat in the summer, but I don't believe in advocating vegetarian based on the belief I am harming animals. Some people actually argue that by not farming animals that we are actually taking away their service to humanity...what do you think? What are your thoughts about your vegetarianism?
  8. It is very clear to me that this isn't "just another fork". I found the best explanation in an article from Forbes:"Will This Battle For The Soul Of Bitcoin Destroy It?" Oct 23th 2017. Briefly, they explain that the question that divides the community is how to upgrade the network to accommodate more transactions at any given time. SegWit2x plan triggered the upgrade to SegWit in August and planned to raise the block size to 2MB in November. In the meantime, Bitcoin has been a 1MB coin featuring SegWit — the coin that the developers want but the miners did not allow. So now the developers and their supporters are doing their best to prevent the upgrade to 2MB, or at least to ensure that the 1MB coin with SegWit survives and is labeled the real Bitcoin. However, the future of bitcoin depends on four main groups: 1) core developers, 2) miners, 3) exchangers and 4) users. A number of exchanges and wallets have indicated that they expect to support both chains, at least initially. Core developers and users are likely to support the original bitcoin whereas miners would make a better profit in the new Segwit2x. However, the final result depends on the complex balance among these four groups. In any case, November fork is not "just another fork". It is crucial to bitcoin and it cannot have replay protection because the whole point is whether we are OK with SegWit or we want SegWit2X. This is a developer ideological-political decision that would mostly depend on miners and users reception. I wonder whether it is due to most people in this forum are users that we really don't care about technical and ideological matters, and see all forks just as free money/bitcoin pumping events. Be careful and confirm that somehow SegWit2X has replay protection before celebrations.. More details in: "Will This Battle For The Soul Of Bitcoin Destroy It?" https://bitcointalk.org/index.php?topic=2311281.msg23447760#msg23447760 https://forbes.com/sites/laurashin/2017/10/23/will-this-battle-for-the-soul-of-bitcoin-destroy-it/?c=0&s=trending#73a466721362 "Bitcoin transactions are grouped into blocks that get processed every 10 minutes. The amount of data that can be included in any given block is limited to 1MB — an arbitrary cap instituted early on to prevent spam on the network. However, transaction volume has been growing, making blocks full, pushing up transaction fees as people compete to ensure that their transaction makes it into the next block or one soon after. While everyone agrees the number of transactions that can be processed at any given time needs to be increased, there is no consensus around how." "The first group says, actually, if we make the houses bigger, then it’s going to be a bit harder for the many people who make them. We might end up with fewer builders overall, which would be dangerous, because then the power of constructing these houses will become more centralized into the hands of fewer players. And if that happened, not only would they have too much power, but then a government or other hostile actor could target them in order to stop us from building houses altogether. The second group says, but to go from a minuscule-sized house to a tiny one isn’t going to make it that much more difficult for the builders. Plus, organizing better will only give us more space gradually over time, while doubling the size of the house will give us space we really need overnight. This is the debate that’s gone back and forth for at least three years." "The efficient organizer side includes the cypherpunks who envision a world in which the barriers to anyone running their own Bitcoin node (like running your own email server instead of using Gmail) are low, keeping the network as decentralized as possible and therefore further beyond the reach of any government or control by any entity or group of entities." "The bigger block side includes several venture-backed startups who have brought millions of people to Bitcoin such as the two biggest wallets, Coinbase and Blockchain who have an estimated 30 million crypto users altogether. Other popular companies on this side include Xapo, which is one of the top five Bitcoin storage companies globally and whose CEO Wences Casares may be the entrepreneur most responsible for getting Silicon Valley excited about Bitcoin; Shapeshift, which CEO Erik Voorhees says sees 2-3% of the daily global Bitcoin transactions; Circle, which has backing from Goldman Sachs; Blockchain, whose investors include Lightspeed Venture Partners and Richard Branson; and the biggest investor in the space itself, Barry Silbert’s Digital Currency Group. Their vision for Bitcoin is of a new form of money not dictated by any government or central bank but created and used by the people — lots of people, including traditional Wall Street financiers investing in Bitcoin, people in developing countries making $5 transactions, people in developed ones paying for $5 for a cup of coffee. One of the largest Bitcoin holders, Roger Ver, who is a proponent of big blocks, says the small blockers “think it’s just an interesting science experiment, and they can have everybody running Bitcoin on their Raspberry Pi at home. For me, I want to build a currency that’s going to replace the euro, the dollar and the yen, and every other government-issued currency around the world, and in order to do that Bitcoin needs to scale massively.”" "If cypherpunks vs. entrepreneurs represents the philosophical divide, SegWit vs. SegWit2x is the political one — and it’s intensely political. Bitcoin’s four main stakeholders are the tech-focused core developers, the profit-driven miners, the business-oriented startups and the users" "Given that 85-90% of miners are signaling that they support SegWit2x, let’s assume that that’s how much hash power goes to that chain. Meanwhile, if 85-90% of users really do support the 1x chain as the chain split tokens indicate, to the point where they are willing to give up coins on the 2x chain to buy more 1x coins (and assuming that they’re not foiled in their attempt to do so by a replay attack), then it really does become a game of chicken. However, who blinks first is highly dependent on price. The key to the 2x side winning is for the miners to act in concert and hold on, even if the other chain is more profitable, until the 1x chain becomes unusable and users flee to the 2x chain. How long they can do so depends on whether mining the 2x chain will simply be less profitable than mining the 1x chain or actually unprofitable. Part of the miners’ motivation to push for bigger blocks has to do with the fact that transactions on the blockchain itself pay miner fees. The more of those that are shifted to layer 2, the less they make in such fees. So, while mining the 2x chain may be less profitable or even unprofitable for some time period, they may be willing to make that tradeoff for their long-term goal. If the 2x chain prevails, 1xers who tried to boost the chance of their coin winning by selling the 2x coins in droves may end up losing money. " "However, while the SegWit2x side could win in a number of scenarios, the opposite could happen too. The 1x chain could be more profitable not only because of the current chain split token spread, but also because users on the 1x chain may pay high fees to try to get their transactions pushed through the infrequent blocks. These factors could entice miners to mine that chain. Blocks then wouldn’t be as slow and the chain could have fewer problems, which would boost the confidence of 1xers and push the price up, which would draw more miners, and so on, in an upward spiral until the SegWit2x chain is unprofitable for so long that almost all the miners defect from it back to the 1x chain."
  9. "Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies. Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks. We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com What are the top risks for Bitcoin holders?
  10. What is freedom to you?

    Do you feel free everyday? You may feel tied up with your job, family, college, university, school, problems in life. Then think once again what freedom will really be like.. no tension, no fear in mind. That's the life we life we all want to live right? We can make it possible, like living every day like it's your last day on earth. What is real freedom in your view?
  11. Hi, I would like to know how profits from regular bitcoin trading are taxed in UK. Just regular trading on bitcoin exchanges. Holding the coins no longer than 1 year, in case this matters. In germany selling btc is a "private sell", so profit is added to your income and you pay income tax, if you hold the btc no longer than one year. If holded longer than one year, it is tax free. In alot of other countries it is very similar, except that holding more than one year will only make tax cheaper, not tax free. How is it in UK ? And more important: Is every regular bitcointrader commercial, so has to make a company?! Cause I was told in UK for "Daytrading" and also "active asset management" you need a company.
  12. In the traditional investment systems there are areas like stock exchange, real estates, commodity market, forex market. Then there are hedge funds, mutual funds, equity, debentures. Next in line are precious metals like Gold, silver, diamond. Years after year and decades after decades when mainstream economics was convincing people that how one of above is better than other as it is giving returns in the range of 8% to 9% at max 10-13% a new revolution named bitcoin is rising and spreading across the world. Bitcoin has defied all conventional knowledge about return on interest. Defying negative publicity and doubt; incidents like mt. gox are still growing better than ever. Do you think bitcoin is a better investment than stocks, real-estate, gold or any other conventional investment?
  13. Bitcoin Myths

    Six myths about blockchain and Bitcoin: Debunking the effectiveness of the technology https://www.kaspersky.co.za/blog/bitcoin-blockchain-issues/17705/ We are told only what they like us to hear, but never the weaknesses. Myths: No one "authority" controls bit coin. False. Some human manages and therefore controls bitcoin. Here mainly the miners. When the miners collude, then they are fully in control of bitcoin. If we say the miners (and the developers) cannot control and manipulate bitcoin, it is like saying no one can control the direction of a country's politics and who gets to be the government. Bitcoin is only as safe as the people behind it.
  14. Derivatives marketplace operator CME Group has announced plans to launch a bitcoin futures product in the fourth quarter of this year. Though the exact release date has yet to be revealed, CME said that the futures would be settled via cash and based on its CME CF Bitcoin Reference Rate, an index it debuted in Nov. 2016 in partnership with London-based Crypto Facilities. The futures would be listed on CME, the company said. Terry Duffy, CME Group chairman and CEO, said in a statement: "Given increasing client interest in the evolving cryptocurrency markets, we have decided to introduce a bitcoin futures contract. As the world's largest regulated FX marketplace, CME Group is the natural home for this new vehicle that will provide investors with transparency, price discovery and risk transfer capabilities." Read more at: https://www.coindesk.com/cme-group-plans-launch-bitcoin-futures-contract/
  15. Does this scare the hell out of you or??? ell
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