Bitcoins?

Author
Discussion

Oakey

27,621 posts

218 months

Thursday 28th December 2017
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This post brought to you by Xapo(tm)

nyxster

1,452 posts

173 months

Thursday 28th December 2017
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The chief executive of Exmo, a bitcoin exchange has been kidnapped in Ukraine.

I suppose that's the problem with untraceable anonymous currency - it makes bank robberies much easier than dealing with dye packs and all those traceable notes that need to be laundered.

http://www.bbc.co.uk/news/business-42505261

anonymous-user

56 months

Thursday 28th December 2017
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Ted2 said:
Efbe said:
Why there is any transaction fee going from cash to cypto whatsoever is what confuses me, or at least an amazingly minimal one like 0.1% or something.
Because miners have to confirm your transaction request and move the coins from the exchange wallet to your own wallet.

What would happen if they didn’t?

anonymous-user

56 months

Thursday 28th December 2017
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REALIST123 said:

What would happen if they didn’t?
They wouldn’t be mining.

anonymous-user

56 months

Thursday 28th December 2017
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My small dabble in bitcoin tracker BIT-XBTE a month ago, has cancelled out the losses of my substantial investment in financial whizz-kid Neil Woodfords's losses, in the last 6 months
Its a funny old world...

Ted2

567 posts

80 months

Friday 29th December 2017
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REALIST123 said:

What would happen if they didn’t?
Without miners no transactions could happen = currency dead.

Glade

4,274 posts

225 months

Friday 29th December 2017
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How does the mechanism for what transactions go in a block work??

It must be selective because transactions where the sender paid a bigger fee get selected first

Trolleys Thank You

872 posts

83 months

Friday 29th December 2017
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Glade said:
How does the mechanism for what transactions go in a block work??

It must be selective because transactions where the sender paid a bigger fee get selected first
Yep. The mempool is the store of all transactions waiting to be processed.

https://blockchain.info/charts/mempool-size?timesp...

Miners pick off roughly 400 transactions from the mempool which are offering to pay the highest fee and put them into the following block. If you want drastically lower fees, make sure you own a "segwit" address. The miners give a substantial discount to segwit transactions and using it helps Bitcoin scale to handle more transactions. If everyone used segwit addresses, the mempool would currently be empty, transaction fees almost zero and no backlog of transactions waiting to be processed.

BlackLabel

13,251 posts

125 months

Friday 29th December 2017
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“Kidnappers in Ukraine have released an employee at a UK-registered cryptocurrency exchange after getting more than $1m in bitcoins as a ransom, an adviser to the Ukrainian interior minister told Reuters on Friday.”

https://www.theguardian.com/uk-news/2017/dec/29/uk...

anonymous-user

56 months

Friday 29th December 2017
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BlackLabel said:
“Kidnappers in Ukraine have released an employee at a UK-registered cryptocurrency exchange after getting more than $1m in bitcoins as a ransom, an adviser to the Ukrainian interior minister told Reuters on Friday.”

https://www.theguardian.com/uk-news/2017/dec/29/uk...
surprised they used BTC for the payment, everyone knows it is not anonymous.

jammy-git

29,778 posts

214 months

Saturday 30th December 2017
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Had a vague memory this morning that I had signed up to Ripple when they first launched in beta and was perhaps given some XRP for my troubles. Searched my emails and yup, I have an email offering me 1000 ripples if I signed up for a wallet.

Trying to track down that wallet now! hehe

carreauchompeur

17,876 posts

206 months

Saturday 30th December 2017
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Yeah, cheeky couple of grand. Worth having!

anonymous-user

56 months

Saturday 30th December 2017
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Bitcoin falling to $12.8k today

In chart terms (which I’m not convinced work on btc yet) there are some reasonably significant potential support levels coming into view

anonymous-user

56 months

Saturday 30th December 2017
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people jumping ship onto the xrp express.

Ripple labs now worth half of VISA, 150 billion (visa is worth 300 billion), who process 50% of all card payments, seems legit.

Edited by The Spruce goose on Saturday 30th December 15:31

Saleen836

11,181 posts

211 months

Saturday 30th December 2017
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Leroy902

1,542 posts

105 months

Saturday 30th December 2017
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Of course it will. Already banned in China, now Israel, more to follow.
It's a pipedream to think it will last.

Israel's reasoning..., 'government concerns over national security and terror funding'. rofl

Jews have great control on the banking market in the US/world. The last thing they want it for any tremors in the works financial system, regardless if it affects them or not.

citizensm1th

8,371 posts

139 months

Saturday 30th December 2017
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Leroy902 said:
Of course it will. Already banned in China, now Israel, more to follow.
It's a pipedream to think it will last.

Israel's reasoning..., 'government concerns over national security and terror funding'. rofl

Jews have great control on the banking market in the US/world. The last thing they want it for any tremors in the works financial system, regardless if it affects them or not.
If we are talking in lazy stereotypes shirley it is the swiss gnomes that run the banking world?

anonymous-user

56 months

Saturday 30th December 2017
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citizensm1th said:
If we are talking in lazy stereotypes shirley it is the swiss gnomes that run the banking world?
interestingly a lot of crypto coins are registered in Switzerland, ETH for one.

Leroy902

1,542 posts

105 months

Saturday 30th December 2017
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citizensm1th said:
Leroy902 said:
Of course it will. Already banned in China, now Israel, more to follow.
It's a pipedream to think it will last.

Israel's reasoning..., 'government concerns over national security and terror funding'. rofl

Jews have great control on the banking market in the US/world. The last thing they want it for any tremors in the works financial system, regardless if it affects them or not.
If we are talking in lazy stereotypes shirley it is the swiss gnomes that run the banking world?
There's no lazy stereotyping, it's facts. Honestly, a tiny bit of research will lead to the conclusion.

citizensm1th

8,371 posts

139 months

Saturday 30th December 2017
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Leroy902 said:
citizensm1th said:
Leroy902 said:
Of course it will. Already banned in China, now Israel, more to follow.
It's a pipedream to think it will last.

Israel's reasoning..., 'government concerns over national security and terror funding'. rofl

Jews have great control on the banking market in the US/world. The last thing they want it for any tremors in the works financial system, regardless if it affects them or not.
If we are talking in lazy stereotypes shirley it is the swiss gnomes that run the banking world?
There's no lazy stereotyping, it's facts. Honestly, a tiny bit of research will lead to the conclusion.
like this?


https://www.google.co.uk/search?safe=off&rlz=1...



whistle