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Bitcoin [BTC] Price Flash: Indecision Grows as Bulls Exhibit Weakness above $7400
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Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
People like to nitpick the white paper as if that's Satoshi's vision however they don't mention the actual quotes from Satoshi himself 2 years after the Whitepaper.
One of the main FUDs this sub likes to talk about is LN as if Satoshi didn't want this to be created. WRONG.
Satoshi said this in 2010 - "The design outlines a lightweight client that does not need the full block chain. In the design PDF it's called Simplified Payment Verification. The lightweight client can send and receive transactions, it just can't generate blocks. It does not need to trust a node to verify payments, it can still verify them itself. The lightweight client is not implemented yet, but the plan is to implement it when it's needed. For now, everyone just runs a full network node." If you don't see how this is the LN that Satoshi anticipated than you might be delusional.
To further digress on that a bit - "I anticipate there will never be more than 100K nodes, probably less. It will reach an equilibrium where it's not worth it for more nodes to join in. The rest will be lightweight clients, which could be millions." He already knew most people will be using the second layer.
The second biggest FUD would be the block size. The 'satoshivision' fan boys claim that it was apart of Satoshi's vision to not bring out innovation and stick to the bitcoin core client and increase it's blocksize when needed however this is also wrong.
-"The threshold can easily be changed in the future. We can decide to increase it when the time comes. It's a good idea to keep it lower as a circuit breaker and increase it as needed. If we hit the threshold now, it would almost certainly be some kind of flood and not actual use. Keeping the threshold lower would help limit the amount of wasted disk space in that event." Anyone with common sense would acknowledge that the 2017 bull run was just a FLOOD like satoshi mentioned. And it literally was, anyone who was here would recall the Bitcoin network was under heavy attacks and was being spammed by thousands of penny transactions. During all of this drama is when the 'satoshivision fan boys' started coming out trying to call a flipenning. If you don't see how this was a fraudulent attempt to take over, than again you might be delusional. Bitcoin block size did increase by very little but just like satoshi's actual vision, it's been kept low because we don't actually need to increase it. Best to work on innovation than to take the easy route and only increase if ACTUALLY needed and not just because floods are happening.
The 3rd major FUD attacks on Bitcoin in this sub is based on the mining. People in this sub really think China will overtake the network which is another delusion.
-"The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth." China would never try to overtake the network. It literally makes no sense. China is about greed and this kind of attack would lose A LOT of money. Not only that, but even if overtaking the network you still can't do anything really! You can't steal anybodies coins. The most you can do is buy something online and than overtake the network so you can double spend and essentially get your money back even though you used it. But you cannot touch anybody's wallets so again it makes zero sense to believe China would ever attempt something like this which makes no sense. All China wants is more money. They will continue to grow there farms essentially making bitcoin stronger.
To digress a bit further - "There would be many smaller zombie farms that are not big enough to overproof-of-worker the network, and they could still make money by generating bitcoins. The smaller farms are then the "honest nodes". (I need a better term than "honest") The more smaller farms resort to generating bitcoins, the higher the bar gets to overproof-of-worker the network, making larger farms also too small to overproof-of-worker it so that they may as well generate bitcoins too. According to the "long tail" theory, the small, medium and merely large farms put together should add up to a lot more than the biggest zombie farm."
"Even if a bad guy does overproof-of-worker the network, it's not like he's instantly rich. All he can accomplish is to take back money he himself spent, like bouncing a check. To exploit it, he would have to buy something from a merchant, wait till it ships, then overproof-of-worker the network and try to take his money back. I don't think he could make as much money trying to pull a carding scheme like that as he could by generating bitcoins. With a zombie farm that big, he could generate more bitcoins than everyone else combined."
Most of the FUDers here are just moonboys who think they will get BIG profits short term. Be realistic assholes, Bitcoin is a 5-10 year investment. Yeah that's years. This FUD won't be relevant in 5-10 years and it's still not even relevant today when you take into consideration the bigger picture of bitcoins development.
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Latest Bitcoin News:
The Bitcoin Faucet Concept is Alive and Well in 2019
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
I am a freelance news reporter with a wealth of experience, having written for several news publications such as BlockchainReporter.net, BTCManager.com, and BitcoinExchangeGuide and have written hundreds of news articles in the process. I'm interested in long-term working relationships and offer in-depth research on more complex pieces as well as fast turnaround time for breaking stories. I charge $0.05 per word and accept a wide range of cryptos. My work can be found below and feel free to message for more information.
https://blockchainreporter.net/author/tokoni/ https://btcmanager.com/author/tokoni-uti/ https://bitcoinexchangeguide.com/author/tokoniu/
This thread is for any events going on in Iowa this week! What events will you be attending? What events do you want to attend? What events do you want to promote? Whats new around that state this week? Add a comment below. Anything from music to politics to a house party.
If you have any recurring events, specials, or other suggestions for this weekly thread, please send us a modmail or post it here and ping /u/annarchist - else it will likely be focused on shit Im interested in.
Please provide the following when posting new events: Time, Date, Location, Cost and some sort of description of the event.
New threads start every week, and will be stickied at the top of the subreddit. I am still working on the formatting, so if it sucks or you want changes, please provide feedback.
Here are some places to find things to do - if you see something that looks cool feel free to discuss it here because I'm sure some of us will miss it: Cityviews Calendar - Juice Calendar - Des Moines Register Event Page - Catch Des Moines Calendar - Travel Iowa Event Search
Outdoors: Trout Stocking Schedule | Iowa Biking Maps | Outdoors Things to Do | Hunting Regulations | Fishing Regulations Note -Annual Iowa hunting and fishing licenses expire on Jan. 10.
Sports: Iowa Cubs Schedule | Cedar Rapids Kernal Schedule | Hawkeye Football Schedule | Hawkeye Basketball Schedule | Iowa State Football Schedule | Iowa State Basketball Schedule | Drake Basketball | UNI Football | UNI Basketball | Barnstormer Schedule | Waterloo Blackhawks
Music: Bands in Town - Des Moines | Bands in Town - Cedar Falls | Bands in Town - Iowa City | Nitefall on the River
Local Message Boards: UrbanDSM|IowaOutdoors515Crew Election|Dates :--|:-- General Election|November 6, 2018. City Primary|October 8, 2019 Regular City & Regular School|November 5, 2019 City Runoff|December 3, 2019 Primary|June 2, 2020 General|November 3, 2020
Des Moines Reoccurring Events:
*Third Friday of Every Month is Mixology at the Science Center in Des Moines * Blues Jam Band every Tuesday at Carl's Place, $3 tallboys * Area515 1731 Grand Avenue, Des Moines - Electronics Club 2nd Wednesdays at 7pm - 3D Printing Club 3rd Mondays at 7pm - Ham Radio Night 4th Mondays at 7pm * Young Professionals Connection Calendar * Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 4th Thursday of the month - 7:00pm * D&D at Mistress Brewery in Ankeny Sundays 3:30pm-7:30pm.
Quad Cities Reoccuring events: * Every other Wednesday (July 25th): Eat the Streets (downtown Davenport) * relevant sub thread
Cedar Falls Reoccurring Events: * Every Tuesday night there are rides that leave at singlespeed in CF. 5:30 is the 22mph average ride. 6:00 is the 18mph average ride and women's ride. * Every Wednesday is the the CvC WOW ride that meets at 6 pm at 4th and Main St in CF. Several types of rides for all types of riders.
Council Bluffs Reoccurring Events: * Every Thursday night in council bluffs is the Taco Ride from CB to mineola Iowa
Central Iowa Bar Map - If you know who created this or want to download the XML and expand on it, please do so! If you create an updated one including your regions bar, Ill replace this one.
Note this is going to start likely central Iowa Centric as I am using that as the baseline the creation of this.
Tag/ping /u/AnnArchist if you post in here with like something added on a weekly basis. I also included the tag here so I remember to check this.
Latest Bitcoin News:
Bitcoin Daily: BitOoda Notches $7M Seed Round; Cypriot Regulator Cautions Against Four Brands
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
The Bitcoin network will officially turn 11 on January 3, 2020, and the technology has changed the lives of many people.
#Bitcoin #bitcoinnews #blockchain #BlockchainNews #BlockchainTechnology #crypto #CryptoNews #Cryptocurrencies #CryptocurrencyNews
Latest Bitcoin News:
Googles YouTube Goes To War With Bitcoin And Crypto
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.
Latest Bitcoin News:
Mike Novogratz Wins His Bitcoin Bet Against Nouriel Roubini
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
Back to 2009, when Bitcoin just showed up, we could have mined it on our PCs without issues - that is the thing that most present-day Bitcoin moguls did. Be that as it may, things have changed from that point forward - presently, mining has become a way increasingly entangled procedure.
So as to gain BTC, your gadgets need to perform complex figuring activities, and there's no assurance that the power and chilling force expended will pay – there are consistently folks with more grounded illustrations cards who can outflank you and grab the valuable coins from right in front of you.
Be that as it may, it doesn't mean you can't turn into a glad proprietor of the world's most well known digital money. How to acquire Bitcoin without mining? Here are five straightforward however splendid thoughts.
Completing tasks
Not so along these lines to gain free Bitcoin effectively, it will require some investment, in the event that you need to make a better than the average entirety. A few sites enable you to get BTC by performing various assignments like visiting sites, doing a straightforward investigation, watching recordings and ads. When you become accustomed to finishing these errands, you'll start gaining quicker. Here are a few sites that take into account it: Jet Mining, BTC miner, Genesis Mining, Hashing flare.
Give BTC loans
How to procure Bitcoin mining free on the web on the off chance that you as of now have some measure of it? Start advancing it to other Internet clients for benefit – the arrival can be liberal. So as to prosper in this field, you have to have settled notoriety and trust. There are two different ways you can do it: either loan BTC to somebody you know or use shared stages. So as to begin this sort of business, you have to abuse a Bitcoin banking model and make a store on a site that pays at a fixed loan cost. In the event that the site neglects to carry out its responsibility and a loaner vanishes with your crypto-cash, you can just lose the speculation. In any case, in such cases, sites for the most part award a full return.
How to Earn Bitcoins Without Mining
There are individuals who prefer not to earn Bitcoin through mining. One such reason is on the grounds that all together for Bitcoin mining free to be gainful with late innovation, a ton power is required to power the system. All things considered, it isn’t profitable for everybody to earn using this way of earning. How do you earn Bitcoin then without mining? Here is a list of some websites that you can visit:
Paid-To-Click Websites
Sites such as BTCClicks payout for every commercial that you visit on their support sites. You will be required to see the promotion for a specific measure of time, and you will be dispensed bitcoins as a reward. This is one of the most common ways to earn without having to mine them yourself.
Bitcoins as Accepting a Means of Payments
Another simple strategy is to charge a help and conclude that you will acknowledge Bitcoins as a payment system. Any product on the web or disconnected can be lawfully exchanged, so this alternative will allow you to save on mining equipment should you want to start a business.
Earn by Completing Tasks
Sites, for example, BitVisitor or CoinWorker enable you to perform little assignments, for example, watching sites or recordings or straightforward expository undertakings. Contingent upon the length and trouble, you will be remunerated in like manner with a specific measure of Bitcoins. Realizing how to finish these assignments rapidly and productively is something that accompanies understanding, and this can be grown rapidly.
As One other analyst has stated, I’m not exactly sure what you mean by ‘best free Bitcoin mining pools’/ The measure of bitcoin- satoshis, normally- that one can earn by playing games, watching ads, etc is small to such an extent that it’s absurd. Basically not worth the exertion, in my view.
In the event that you intended to ask whether there are any mining pools that don't charge for mining costs, I question if there are any. The large miners spend huge amounts of money of cash on new hardware, power, and other overhead costs. Usually, all pools recover a level of their expenses from the mining pool shares that are sold.
I have been bitcoin mining with Bitclub network and I find they have conveyed a remarked exhibition. Happy with the organization and would recommend them to anyone who hasn't considered them as up until this point.
