Bitcoin On Air: April 2016

Saturday, 30 April 2016

is electrum a good wallet

bitcoin core is taking too song to sync and is to intense to my PC. apparently electrum is not too intense and is faster. via /r/Bitcoin http://bit.ly/1TmI4YW

The Death of the Ukranian Bitcoin License

http://bit.ly/1rHFnen

Submitted April 30, 2016 at 10:09PM by bitbybitbybitcoin http://bit.ly/21lLSzq

The Bitfinex and Bitstamp Market Maker Manipulation

I have been using Magnr since this last plunge in BTC price. over the last 4 days, I have been glued to my screen and have observed the Bitstamp and Bitfinex MM are deliberately keeping the price down when it should by all technical indicators show the price should have risen. Bitstamp is far worse than Bitfinex as I have seen the spread be as large as $2.00 and the buy price is hyperinflated so margin investors cannot play the bounce with the sell price is extremely low therefore trapping them. Bitfinex has in last couple of hours prolonged the downtrend that should have bounced back. Anyone else agree? via /r/Bitcoin http://bit.ly/1NcYqH7

How Coinbase securely stores $697 million worth of bitcoin in the cloud

http://bit.ly/1NcYo1P via /r/Bitcoin http://bit.ly/1pUyiW7

Today, I did the right thing.

I feel really good about this, and just want to tell the world. I think it serves a purpose to remember to stay true to your values and to remember a little honesty and patience goes a long way.Here is what happened… about 15 or so days ago a family member thought they were ‘helping’ me by disputing all my BTC purchases because, obviously BTC is the devil /s I managed to lock said family member out of all my shit and was left a little broken. One particular trader on LBC got hit hard with this and I didn’t get to it fast enough to stop the chargeback.On top of that my bills hit and drained my account of any chance at repaying this individual for the chargeback. It was a long and painful process and took me 2/3 weeks to collect up the funds required to pay this user back. I had originally purchased .357 BTC at $175 awhile back from this user and that transaction was now in dispute. Today I sent them 0.445 BTC or $200 worth of BTC. This merchant showed a huge amount of understanding, patience, and kindness towards the issue and I still feel badly it even happened in the first place, but I’m SO proud/happy to have been able to return what was rightfully theirs & then some!I hope I don’t come off sounding uppity. I just need to tell someone & anyone in my real life would kill me if they knew what just went down. So, you all get to be my sounding board!Maybe there is hope for people! via /r/Bitcoin http://bit.ly/1X0UCL2

Christopher Gilliard's Weblog: How to scale Bitcoin to VISA levels without a hard fork or blocksize increase

http://bit.ly/1QIIGGn via /r/Bitcoin http://bit.ly/24e5ZF4

DragonBox Pyra handheld gaming PC opens for preorders, accepting Bitcoin!

http://bit.ly/1rIKISE

Submitted May 01, 2016 at 07:28AM by luke-jr http://bit.ly/1Y07jUQ

Free BTC/LTC/ALT Coin Mining - Atleast 10$/Day

Hey guys today Im going to show you some free mining tutorial please click Here

Submitted May 01, 2016 at 10:02AM by pbhuvanesh http://bit.ly/26FOJHo

Shower thought on an Andreas talking point.

Here's the sound byte that had me thinking: (https://youtu.be/ieP8kxaklUk?t=45m59s)This is almost a little dystopian-sounding/ultra ridiculous, but I found it interesting the more I thought about it. Maybe it could make for an interesting book or movie?What if every person was eventually represented by their own crypto-currency and that was essentially your "stock"? People could invest in and technically buy shares of you. This value would basically create a new kind of caste system sitting on the blockchain. This wouldn't only apply to celebrities like Andreas is referring to here. It could also apply to everyday people.Individuals could invest in others' with bright futures in the hopes that their "stock" would eventually rise. You could invest in your neighbour who just applied to Harvard, in the hopes that he gets accepted and his personal value rises. You could take out a short position on your co-worker who has been slacking at work lately and you feel they may lose their job. You could play the "penny stocks" and buy into a few YouTubers you think may become the next big pop star. People may try to manipulate markets by short selling a friend's stock before leaking the fact that they cheated on their significant other over summer holidays.On top of this, your market cap may affect how you're treated in your daily life.-"Sorry, you're not allowed into the club tonight. It seems your value has dropped since last weekend when you incorrectly whipped and nay-nayed after one too many shots. The value of Fred has been plummeting all week."-"Right this way sir. Your value is way up since you killed that karaoke track at the office Christmas party on Tuesday and you secured that big promotion a few weeks ago. It seems your whole office has been buying stock in Steve!" via /r/Bitcoin http://bit.ly/1TmnMyS

DragonBox Pyra handheld gaming PC opens for preorders, accepting Bitcoin!

http://bit.ly/1rIKISE via /r/Bitcoin http://bit.ly/1Y07jUQ

NaughtyAmerica accepts Bitcoins for regular and VR porn

http://bit.ly/1NbzorN via /r/Bitcoin http://bit.ly/1pT77uT

This weeks Humble Book Bundle includes a Bitcoin book and accepts payment in bitcoin

http://bit.ly/1O1Yc04

Submitted April 30, 2016 at 09:03AM by rmvaandr http://bit.ly/1N97Fbf

Hey folks, I still see people losing their keys on a regular basis so wrote this article as a friendly reminder: 12 steps to keep your bitcoins secure.

http://bit.ly/1rpDvXd

Submitted April 30, 2016 at 08:34PM by Mage777 http://bit.ly/1SRbzEQ

The Stages of Bitcoin

Stages of Bitcoin:

This is a joke.

What is this?

How does it work?

This will get hacked.

So what?

Oh, neat.

These people are crazy, they are cool.

Let me learn mining.

Who is Satoshi?

This is fun.

Mining sucks, time to focus on something else.

Wow, this tech has some amazing potential.

Oh wait, this is not just a currency but an invention. Wow.

These people are awesome.

Whoa. This is going to completely change the world!

I'm going to be rich!

Not sure if I will be rich. I might be stupid.

I know everything about this tech.

It's all about blockchain! Forget Bitcoin.

We need to decentralize everything.

Wait, it's about Bitcoin also.

Wait, some things don't make sense to decentralize.

These people are crazy, they suck.

I barely know anything about this tech.

Many of these people are awesome.

I have to focus now.

Submitted April 30, 2016 at 11:23PM by bruce_fenton http://bit.ly/1NJFLCP

Algorithmic Improvements Give Bitcoin Mining an AsicBoost

http://bit.ly/1XZgFjJ

Submitted April 30, 2016 at 06:33AM by olliec420 http://bit.ly/1SVfaF5

Douglas Rushkoff: "It's a peer to peer networked economy that we're moving into."

https://youtu.be/BAwB9-9QOQI?t=102 via /r/Bitcoin http://bit.ly/1TlIqiw

Money20/20 Europe 2016 - Patrick M Byrne, t0 & Overstock.com

https://www.youtube.com/watch?v=yZheZ-EHVsM via /r/Bitcoin http://bit.ly/1TCaLUc

Is AsicBoost a must-have upgrade for all Bitcoin miners? (With up to a 20% revenue increase?)

http://bit.ly/1TCaLDX via /r/Bitcoin http://bit.ly/1NbiVnp

The Stages of Bitcoin

Stages of Bitcoin:This is a joke.What is this?How does it work?This will get hacked.So what?Oh, neat.These people are crazy, they are cool.Let me learn mining.Who is Satoshi?This is fun.Mining sucks, time to focus on something else.Wow, this tech has some amazing potential.Oh wait, this is not just a currency but an invention. Wow.These people are awesome.Whoa. This is going to completely change the world!I'm going to be rich!Not sure if I will be rich. I might be stupid.I know everything about this tech.It's all about blockchain! Forget Bitcoin.We need to decentralize everything.Wait, it's about Bitcoin also.Wait, some things don't make sense to decentralize.These people are crazy, they suck.I barely know anything about this tech.Many of these people are awesome.I have to focus now. via /r/Bitcoin http://bit.ly/1NJFLCP

Consensus hackathon challenge: Answer question "What is the blockchain?". Winner gets 1 BTC. Send to team@tierion.com.

https://twitter.com/tierion/status/726425225689206785 via /r/Bitcoin http://bit.ly/1SBpBM2

Setting up an AntMiner S7 rig, will this be any good?

want to buy 4 AntMiner S7s which will cost me $2,132. and make them work in a cluster to mine BTC/most profitable coin of the day. It runs at 4.73TH/s each, which means 18.92TH/s when I link them up to a pool. I run 8mbps connection (though that's not important.) I don't have to pay for watts since it's included in the bill for the house.

As of today, 18.92TH/s gets me $24 (0.05325289) daily via BTC and will take me 84 days to break-even. I'm using coinwarz.com for this calculation. Moving over to http://bit.ly/1rHQTGP, it tells me that it will take me 110 days if I started today.

What do you guys think? I'll probably be able have the amount of money for this come summer break (late June/early July.)

In 6 months time, how much money can I expect daily?

Submitted April 30, 2016 at 11:54PM by Bondle http://bit.ly/21lW4rQ

Mycelium Crowdsale , Are you investing ?

http://bit.ly/1Naf5Lt

Submitted April 30, 2016 at 06:55PM by trymad http://bit.ly/1TBLN7t

I'm ready to provide voluntary technical support to help you setup OpenBazaar Linux (VPS) Server over Skype and Ready to use (turnkey) servers for meal (I charge $1 per setup on any of your server).

Most OpenBazaar users start their experience from downloading & running regular OpenBazaar Client / Server on official openbazaar.org web-site and think its enough. But in case if you keep your OpenBazaar Server running on your home desktop computer - its not professional, because if your server down even for 2-3 hours, your customers can't access your OpenBazaar store anymore (and you are loosing sales). That's why most people I know in OpenBazaar space are currently purchasing expensive $10 vps setups. For 21st century, and abundance of web-sites like eBay/Amazon/AliExpress where you can list your product for free - most people don't understand, why they should pay to own a 24/7 store somewhere in yet unpopular but very Bitcoin-targeted space: OpenBazaar markets. Instead of paying $10 to Amazon company, pay me $1, and I will guarantee your technical satisfaction and will save you up at least $7-$8 by offering some better $1/per month VPS solution which will make your OpenBazaar store available 24/7 with the same reliability as you would ordered it on Amazon.

I am myself many years in a hosting business and Linux administration, just thought it could be useful to be here in case if someone is going to setup 24/7 Bitcoin store with OB.

I can offer 2 options:

Buy my experience for $1, and get refund if not satisfied. [Trustless - you do everything manually with my guidance and with my patient explaining] Guided setup over Skype shared screen (can be done over chat without microphone/webcam usage): http://bit.ly/1UnFdnp - I already know places where they sell VPS for $1 (you can offer your VPS company), and I will be glad to tell you in chat what button to click if you share your screen - the whole proceedure shouldn't take more than 30 minutes. At the end you will have fully ready OpenBazaar 24/7.
Servers for testing purposes under my custody (you have to trust me) http://bit.ly/1r5i65k - I will provide this standard setup for just $1.79 - its good for trying publishing cheap items / testing demand, and other inexpensive transactions. This installation can be purchased in a moderated contract, please visit: ob://1fcb9a8beb32f688fef7b61a52d091b9dd8c1f27/listing/9d959c9d769e4d92cef1424f52dc93eb7bde6b6f (or we could deal in traditional direct way) - Also I you can purchase 12 months of testing and OB store VPS ahead ($1.79x12)-10% off; But I highly recommend starting from $1.79 setups - its better to buy 12 setups, give it to your friends, so that they could have some trading, 24/7 OB selling experience on highly available VPS machines.

In both cases you should know - that you easily can transfer your GUID, followers, products on OpenBazaar from one VPS to another, from my custody to your custody (from your testing machine to your actual controlled exclusively by you setup which guided over Skype for example)

My skype is: reliablesh9t - I will provide an easy way for your grandma to have 24/7 OpenBazaar store, with giving you ability to keep all your keys for your store and will help you to control everything.

3 customers already tried my service (2 of them paid for 12 months), I will ask them to throw a few lines here, just to confirm.

Submitted April 30, 2016 at 07:51PM by blksz http://bit.ly/1UnFdnq

Hey folks, I still see people losing their keys on a regular basis so wrote this article as a friendly reminder: 12 steps to keep your bitcoins secure.

http://bit.ly/1rpDvXd via /r/Bitcoin http://bit.ly/1SRbzEQ

IBM launches new cloud services for blockchain

http://reut.rs/1rF8QWv

Submitted April 29, 2016 at 11:16PM by BitcoinDreamland http://bit.ly/1QFf2lh

Investing in bitcoin?

Edit: Obviously I didnt just make "bank" by coming up on 1.5$ USD. But I see a lot of potential in this.

Submitted April 30, 2016 at 11:06AM by iSipDrank http://bit.ly/23gdWDJ

The Death of the Ukranian Bitcoin License

http://bit.ly/1rHFnen via /r/Bitcoin http://bit.ly/21lLSzq

Be your own bank.

http://bit.ly/1N9Cm05

Submitted April 30, 2016 at 02:47PM by niksmac http://bit.ly/1O2nJ9r

Fold hasn't been working for a couple weeks

Grrr. I miss my 20% of Starbucks.

Says check Twitter for updates, but not much info there.

Submitted April 30, 2016 at 12:54AM by stevev916 http://bit.ly/1pPfuHH

I'm ready to provide voluntary technical support to help you setup OpenBazaar Linux (VPS) Server over Skype and Ready to use (turnkey) servers for meal (I charge $1 per setup on any of your server).

Okay, my first attempt failed, because I had some mistake of too much relying on trust model (1st time I thought it would be enough to keep cheap $1 servers in my custody, but Bitcoin users demand to make the whole process of having your OB servers even more transparent).Most OpenBazaar users start their experience from downloading & running regular OpenBazaar Client / Server on official openbazaar.org web-site and think its enough. But in case if you keep your OpenBazaar Server running on your home desktop computer - its not professional, because if your server down even for 2-3 hours, your customers can't access your OpenBazaar store anymore (and you are loosing sales). That's why most people I know in OpenBazaar space are currently purchasing expensive $10 vps setups. For 21st century, and abundance of web-sites like eBay/Amazon/AliExpress where you can list your product for free - most people don't understand, why they should pay to own a 24/7 store somewhere in yet unpopular but very Bitcoin-targeted space: OpenBazaar markets. Instead of paying $10 to Amazon company, pay me $1, and I will guarantee your technical satisfaction and will save you up at least $7-$8 by offering some better $1/per month VPS solution which will make your OpenBazaar store available 24/7 with the same reliability as you would ordered it on Amazon.I am myself many years in a hosting business and Linux administration, just thought it could be useful to be here in case if someone is going to setup 24/7 Bitcoin store with OB.I can offer 2 options:Buy my experience for $1, and get refund if not satisfied. [Trustless - you do everything manually with my guidance and with my patient explaining] Guided setup over Skype shared screen (can be done over chat without microphone/webcam usage): http://bit.ly/1UnFdnp - I already know places where they sell VPS for $1 (you can offer your VPS company), and I will be glad to tell you in chat what button to click if you share your screen - the whole proceedure shouldn't take more than 30 minutes. At the end you will have fully ready OpenBazaar 24/7.Servers for testing purposes under my custody (you have to trust me) http://bit.ly/1r5i65k - I will provide this standard setup for just $1.79 - its good for trying publishing cheap items / testing demand, and other inexpensive transactions. This installation can be purchased in a moderated contract, please visit: ob://1fcb9a8beb32f688fef7b61a52d091b9dd8c1f27/listing/9d959c9d769e4d92cef1424f52dc93eb7bde6b6f (or we could deal in traditional direct way) - Also I you can purchase 12 months of testing and OB store VPS ahead ($1.79x12)-10% off; But I highly recommend starting from $1.79 setups - its better to buy 12 setups, give it to your friends, so that they could have some trading, 24/7 OB selling experience on highly available VPS machines.In both cases you should know - that you easily can transfer your GUID, followers, products on OpenBazaar from one VPS to another, from my custody to your custody (from your testing machine to your actual controlled exclusively by you setup which guided over Skype for example)My skype is: reliablesh9t - I will provide an easy way for your grandma to have 24/7 OpenBazaar store, with giving you ability to keep all your keys for your store and will help you to control everything.3 customers already tried my service (2 of them paid for 12 months), I will ask them to throw a few lines here, just to confirm. via /r/Bitcoin http://bit.ly/1UnFdnq

Coinbase?!?

Buying and selling coins on coinbase. . . is so. . . GREAT. What a wonderful company that has introduced millions of users to their first bitcoin.They have a great blog and great ideas on how bitcoin can work for everyone.Coinbase is a great option to have in terms of gaining bitcoin. I have used them for many years. via /r/Bitcoin http://bit.ly/24rFg4w

Bitcoin noob - Mytrezor.com or Trezor wallet - cannot change the transaction fees (0.0001 BTC)

I used the MyTrezor.com interface for trezor and I notice that it mandates 0.0001BTC as transaction fee everytime. If I'm transferring something like 0.0001BTC to begin with (since I'm new!) this is 100% transaction fees! :| Any idea how to get around this? Is there an alternative interface to mytrezor.com? I tried beta.mytrezor.com and that doesn't have anything different. Also, this old post suggests lowfees.mytrezor.com but that doesn't seem to work anymore.

I notice that Electrum on Windows allows me to change the transaction fees, but mytrezor is super convenient that I don't have to install anything and can use it on my work laptop as well. Any suggestions?

Edit: Formatting

Submitted April 30, 2016 at 01:32PM by harekrishnahareram http://bit.ly/1N9sTpn

Mycelium Crowdsale , Are you investing ?

http://bit.ly/1Naf5Lt via /r/Bitcoin http://bit.ly/1TBLN7t

Bitcoin and AI Interface/Scaling Questions

In the near future, our heavy reliance upon the mobile phone device will be replaced by ubiquitous voice-accessed AI found everywhere, and not simply on one device. I'm trying to wrap my head around how self-learning AI systems, like my personal assistant who follows me everywhere, interface with the Bitcoin blockchain and seamlessly provide a voice-dependent multi-faceted user experience. Will the Internet infrastructure itself begin to resemble a decentralized blockchain as data privacy and security issues become more and more acute and peer to peer system architecture grows? How can AI and Bitcoin integrate, and will they? As AI and more and more people globally become self-taught hackers, the prospects of third party behemoths that try to control and broker data, access and currency become targeted as easy points of failure. Will open and decentralized Bitcoin network become the default refuge and new architecture of an ever-emergent AI-based Internet? If so, how will mining and transaction processing fees scale in an AI world? Can AI attack Bitcoin itself, and how can Bitcoin resist? via /r/Bitcoin http://bit.ly/1TbxgfG

Bitcoin and Blockchain in Estonia: Between Two Banks

http://bit.ly/1SAPV8T via /r/Bitcoin http://bit.ly/1YXHODQ

Akron, OH gets its first bitcoin ATM!

2-way ATM launched yesterday, so the machine lets you buy bitcoins with cash and sell bitcoins for cash.

http://bit.ly/26ChOnd

http://bit.ly/1pQ4Kc4

http://bit.ly/26ChQva

http://bit.ly/1pQ4J7W

Submitted April 30, 2016 at 01:36AM by BlackFrogVentures http://bit.ly/26ChKUv

Blockchain.info's SharedCoin donations is deceiving

Yes, I know Blockchain.info's SharedCoin is disabled at the moment, but this is not what I want to talk about now.I just checked out their github repository, and noticed the last commit was a year ago: http://bit.ly/1Wx9MHk you make a transaction there is a checkbox with a label where they state the donations are for the development of SharedCoin, but it is simply not true:"Check to donate a random percentage of between 0.5 and 1.0% of your transaction to help fund further improvements to Shared Coin and for improved privacy." via /r/Bitcoin http://bit.ly/1O2LRsC

Can someone explain to me how openbazaar is different from me hosting my own web server on my own computer and letting people come in that way? Honestly, I don't see how openbazaar is decentralized.

No text found

Submitted April 30, 2016 at 12:06PM by box1820 http://bit.ly/1SAkBHx

IBM Launches Blockchain Cloud Services and Releases Hyperledger Code on Bluemix

http://bit.ly/1O2BOni via /r/Bitcoin http://bit.ly/1Wx3oQu

Bitcoin Water Bottles from Canada for BTC

http://bit.ly/1Tbqx5y via /r/Bitcoin http://bit.ly/24bVVw4

ELI12: How does Bitsquare work?

No text found

Submitted April 29, 2016 at 08:12PM by bobthesponge1 http://bit.ly/1VXBJJB

Bitcoin Core is leading the voting battle on SlushPool

https://twitter.com/slush_pool/status/726072048833990656

Submitted April 30, 2016 at 02:59AM by anti-fragile http://bit.ly/1YWFzAA

Investing in bitcoin?

So, I put around 5 dollars in bitcoin a few weeks back into my electrum wallet. I used the converter from BTC -> USD and now it says its worth 6.5 USD. Do people do this ever? Like buy low, and wait for it to go back up then cash out? Sorry if this is a dumb question but I'm totally new to cryptocurrency.Edit: Obviously I didnt just make "bank" by coming up on 1.5$ USD. But I see a lot of potential in this. via /r/Bitcoin http://bit.ly/23gdWDJ

Roger Ver tries to intentionally spend unconfirmed bitcoins from a zero fee transaction, which fails, and then blames failure on technology.

https://twitter.com/Excellion/status/726273834651787264

Submitted April 30, 2016 at 01:17PM by afilja http://bit.ly/1O2cDkN

Be your own bank.

http://bit.ly/1N9Cm05 via /r/Bitcoin http://bit.ly/1O2nJ9r

Friday, 29 April 2016

Bitcoin noob - Mytrezor.com or Trezor wallet - cannot change the transaction fees (0.0001 BTC)

FWIW, my experience with bitcoin is less than a week. I have a trezor wallet given to me by a friend and I have a minuscule amount of BTC to practice with and get familiarity with the various trappings and nuances of bitcoin magic! :)I used the MyTrezor.com interface for trezor and I notice that it mandates 0.0001BTC as transaction fee everytime. If I'm transferring something like 0.0001BTC to begin with (since I'm new!) this is 100% transaction fees! :| Any idea how to get around this? Is there an alternative interface to mytrezor.com? I tried beta.mytrezor.com and that doesn't have anything different. Also, this old post suggests lowfees.mytrezor.com but that doesn't seem to work anymore.I notice that Electrum on Windows allows me to change the transaction fees, but mytrezor is super convenient that I don't have to install anything and can use it on my work laptop as well. Any suggestions?Edit: Formatting via /r/Bitcoin http://bit.ly/1N9sTpn

Algorithmic Improvements Give Bitcoin Mining an AsicBoost

http://bit.ly/1XZgFjJ via /r/Bitcoin http://bit.ly/1SVfaF5

Will Consensus 2016 be available for live streaming?

No text found via /r/Bitcoin http://bit.ly/1NI4sQ0

Roger Ver tries to intentionally spend unconfirmed bitcoins from a zero fee transaction, which fails, and then blames failure on technology.

https://twitter.com/Excellion/status/726273834651787264 via /r/Bitcoin http://bit.ly/1O2cDkN

Bitsquare Launch - did anyone downliad and tried beta?

http://bit.ly/1UmJLKW

Submitted April 30, 2016 at 02:52AM by lopevi http://bit.ly/1pQr6Kw

Can someone explain to me how openbazaar is different from me hosting my own web server on my own computer and letting people come in that way? Honestly, I don't see how openbazaar is decentralized.

No text found via /r/Bitcoin http://bit.ly/1SAkBHx

This weeks Humble Book Bundle includes a Bitcoin book and accepts payment in bitcoin

http://bit.ly/1O1Yc04 via /r/Bitcoin http://bit.ly/1N97Fbf

Recently got into Bitcoin and have some questions about potentially mining

So a month back I got a wallet and some bitcoins to purchase something. Then I got into reading a bit about mining and it seems like a cool idea.

Now I read that if I want to use my PC to mine, it would only be worth it if I paid less than $0.1/kWh or something like that? Honestly, I'm not sure how much I pay per kWh atm but I'll check that out this weekend.

What I found more interesting are the Mining Hardware Solutions. On bitcoinmining.com I found those big guys that are 150-800 bucks and the USB miners for far less. Now, while the SP20 Jackson (150$) mines approximately 0.1593 BTC per month I couldn't find such an estimate for the USB miners. It's probably much less, right? Are the USB ones even worth it then? Also, if I bought the SP20 Jackson for 150$ and got 0.1593BTC/month I would only need like 2 months to get back my investment, right? (minus energy cost). If I bought the AntMiner S7 I would need about 3-4 months to get back my investment but end up mining more after that and it's the most power efficient one of the 3 offered there.

Basically I'm asking for a recommendation. I guess I'd be ok with investing upfront, but in the long run which solution would be most efficient? It's not about how much bitcoins I mine in total, but how big my income-to-invest-ratio is, so if I spend a dollar a month and get 2 dollars a month it's better for me than spending 200 bucks a month and getting 300.

Hope I'm not talking too crazy or stupid and hope someone can help me. Have a great day :)

Submitted April 30, 2016 at 09:35AM by galazam_jones http://bit.ly/1rGuTMh

Got my first sale on OpenBazaar, it works

https://www.youtube.com/watch?v=V_BXKmiToM4

Submitted April 29, 2016 at 10:49PM by craigrant http://bit.ly/1UmIkw3

The BitFury Group Announces Expansion to Full Service Digital Asset Technology Company

http://bit.ly/1QFf24E

Submitted April 29, 2016 at 10:53PM by Chakra_Scientist http://bit.ly/1rF8QFW

Who is 1FXqE2ixnnSB1kvwbMtWma5xQ2bVbkSq3f

Check out this wallet (see on blockchain.info link below): http://bit.ly/1T9opLB

Current balance: 5622 BTC Total Received: 1,885,514 BTC

Only during the last 12 hours this address has received about 2800 BTC.

As seen on this chart generated by chainalysis.com http://bit.ly/1WWDfLp

This address has connections to mmmglobal that seems to be a big scam http://bit.ly/1jMztEn

Submitted April 29, 2016 at 02:50PM by linusdunkers http://bit.ly/1WWDfLq

European Parliament: Virtual Currencies are the only means of payment other than cash which can facilitate real-time settlement

The wheels are moving in the right direction politically. Many good and educated conclusions in this document: http://bit.ly/1N5sBzM

Submitted April 29, 2016 at 06:12PM by granatheus http://bit.ly/1VWTrgW

Bitsquare Launch - did anyone downliad and tried beta?

http://bit.ly/1UmJLKW via /r/Bitcoin http://bit.ly/1pQr6Kw

Got my first sale on OpenBazaar, it works

https://www.youtube.com/watch?v=V_BXKmiToM4 via /r/Bitcoin http://bit.ly/1UmIkw3

Bitcoin Core is leading the voting battle on SlushPool

https://twitter.com/slush_pool/status/726072048833990656 via /r/Bitcoin http://bit.ly/1YWFzAA

Akron, OH gets its first bitcoin ATM!

2-way ATM launched yesterday, so the machine lets you buy bitcoins with cash and sell bitcoins for cash.http://bit.ly/1O1knDE via /r/Bitcoin http://bit.ly/26ChKUv

Anti-Bitcoin economics teacher picks wrong person to argue with

http://bit.ly/1r3eIYt via /r/Bitcoin http://bit.ly/1NGC1lu

botbouncer: detect bots/scrapers and ban them from your website until they pay you Bitcoin

http://bit.ly/1SyhzUa

Submitted April 29, 2016 at 06:15PM by bitcoinrevolution http://bit.ly/1T9E4L0

The @openbazaar software has been downloaded in 183 countries to date #globalcommerce

https://twitter.com/openbazaar/status/726055340714909697

Submitted April 29, 2016 at 10:47PM by CryptoCollectibles http://bit.ly/1rnCajK

IBM launches new cloud services for blockchain

http://reut.rs/1rF8QWv via /r/Bitcoin http://bit.ly/1QFf2lh

Fold hasn't been working for a couple weeks

Grrr. I miss my 20% of Starbucks.Says check Twitter for updates, but not much info there. via /r/Bitcoin http://bit.ly/1pPfuHH

What are the impacts of Segwits 75% fee discount?

I'm quite concerned about Segwits 75% fee discount because it's complicated to understand the impacts. The impacts I am reading about seem to be quite fundamental changes and therefore very risky from my view. Please help if you can comment or provide further links for reading.

I've looked here:

http://bit.ly/1SCP4kI "It should be noted that although spending more inputs makes the UTXO set smaller in size, it also associates some outputs (addresses) as likely being owned by the same user. So there is a privacy/cost trade off for the user. "

http://bit.ly/1nl8vFB

"This is expected to encourage users to favor the use of transactions that minimize impact on the UTXO set in order to minimize fees, and to encourage developers to design smart contracts and new features in a way that will also minimize the impact on the UTXO set."

http://bit.ly/1OF8Bik

"Each byte of the witness part of a segregated witness (segwit) transaction will only count as 0.25 bytes towards the size of the transaction. Since transaction fees are based on the size of a transaction, this is effectively a 75% discount on fees for that part of a transaction—but only for people who use segwit."

http://bit.ly/1WuDPQ5

gavin: "If you have hardware or software that can't produce segwit transactions you will pay higher fees than somebody with newer hardware or software."

http://bit.ly/1SCP4kJ

jtoomim: "I think the 0.25x byte discounting in SegWit is effectively a subsidy for projects like Lightning and sidechains. Those projects have more complicated signature scripts than typical transactions, so they benefit more from the signature script discount. I don't like that. Lightning and sidechains should compete with on-chain transactions on their merits, not on their subsidies."

http://bit.ly/1WuDNYz

ptodd: "> What is the rationale for offering a discount?

UTXO set space is significantly more expensive for the network as all full nodes must keep the entire UTXO set. Additionally, transaction input/output data in general is argued by some to be less expensive than signatures, as you have more options with regard to skipping validation of signatures (e.g. how Bitcoin Core skips validation of signatures prior to checkpoints)."

Questions:

1) Are there other existing services or txs types that will be impacted?

2) Will zero confirmation txs or RBF txs be impacted?

3) Don't Coinjoin txs have a larger UTXO... so will this impact Coinjoin txs fees?

4) Will old standard non-segwit txs be more expensive than standard segwit txs?

5) If the 75% constant turns out to be the wrong number is it easy to change or could it cause further infighting within the community?

6) Can anybody express the economic impacts of the above if any or other impacts they expect as a result?

EDIT: (Thanks for the replies so far I have added a couple more)
7) Why is any fee discount necessary?

8) Would segwit function well without the discount?

Thanks in advance.

Submitted April 29, 2016 at 04:25PM by redmarlen http://bit.ly/1SCP5oT

What Is Gitian Building? How Bitcoin’s Security Processes Became a Model for the Open Source Community

http://bit.ly/1VX4K8D

Submitted April 29, 2016 at 01:07AM by tylev http://bit.ly/1pOZtSg

Bitsquare v0.4.5 - P2P Exchange

http://bit.ly/1pOZvta

Submitted April 29, 2016 at 07:29AM by HostFat http://bit.ly/1VX4M0u

Why is everyone bashing Coinbase?

Seems every other post/comment here is someone bashin' Coinbase. What's up with that?

Submitted April 29, 2016 at 07:37AM by bobbysteeles http://bit.ly/1r0Ie1a

ATTENTIONS -- Myhashnest APP IS SPAM！

http://bit.ly/1O0muYn

Submitted April 29, 2016 at 11:30PM by lunnalee http://bit.ly/1rF8Rtk

Infosys Launches Blockchain Framework For Financial Services

http://onforb.es/1UlSTPR via /r/Bitcoin http://bit.ly/24pwVOH

Self-doxxing, dynamic block making and re-decentralization of mining

http://bit.ly/1XY7u34 via /r/Bitcoin http://bit.ly/1UlQBAj

The BitFury Group Announces Expansion to Full Service Digital Asset Technology Company

http://bit.ly/1QFf24E via /r/Bitcoin http://bit.ly/1rF8QFW

The @openbazaar software has been downloaded in 183 countries to date #globalcommerce

https://twitter.com/openbazaar/status/726055340714909697 via /r/Bitcoin http://bit.ly/1rnCajK

Hi, I just want to introduce my Openbazaar store here just once. I believe I offer an interesting service.

I have a store called ChinaNumbaOne on Openbazaar. My store id is a930c023c05be077f2bdb56b68f91ba68f4aa5df.

I currently reside in China and have been here for almost two years. I offer a service where you can send me a link of a product on Amazon or Ebay and I will try to find the factory here that makes it (or similar product) to get the very best price. I can usually locate it on 1688.com or otherwise I ask my Chinese partner (a talented sourcing agent) to search for it. I must add that alibaba.com is really different to 1688.com and there is usually a discrepancy in the prices.

Once we find the factory, I order a sample, we discuss it and I can send it to you. Together we select a moderator. I list the product on my OB store at a price that we both agree on (usually bulk orders) and then you can place your order.

I believe this service is really valuable as you don't have to trust us, you only have to trust the moderator. Saying that, I obviously want to deliver the best possible service. We act as a bridge between east and west, where there is often quite a bit of communication and trust issues.

I have a connection with an established company here that ships products off Taobao, Alibaba and T-mall to Chinese expats all over the world. We do our shipping through them and they make sure the shipment will go through Chinese customs.

We can also order any product for you from the above mentioned companies.

At the moment my Openbazaar store is a bit messy because the software doesn't have categorization right now but there are some interesting things to look at.

Please feel free to chat with me via OB chat, chinanumba1@protonmail.com and @chinanumba111 on twitter.

I will not spam this subreddit again with advertisement but I thought some of you might be interested in the service.

Submitted April 29, 2016 at 09:01PM by frankros http://bit.ly/1SysCwA

European Parliament: Virtual Currencies are the only means of payment other than cash which can facilitate real-time settlement

The wheels are moving in the right direction politically. Many good and educated conclusions in this document: http://bit.ly/1N5sBzM via /r/Bitcoin http://bit.ly/1VWTrgW

ELI5 How do I mine bitcoins

Thanks for taking the time to read this. First I'm not trying to produce any bitcoins but rather destroy my gpu. It's been acting up intermittently but Apple will not replace it. It has a AMD 6750m and a Intel HD 3000. I've tried to look up how it's done but all the information is overwhelming.

Submitted April 29, 2016 at 09:56PM by drippedup http://bit.ly/1XXZiQj

Coinbase has given me nothing but...

...perfect service in the 3 years I've used them to buy Bitcoins.

Can't complain about anything, the only issue I encountered was from Chase, they declined a transaction once. But that wasn't Coinbase's fault.

Submitted April 29, 2016 at 12:26PM by mustyoshi http://bit.ly/1NZ0ZY4

IBM Launches New Cloud Services for Blockchain

By REUTERS via NYT Technology http://nyti.ms/1Wv8oFk

ELI12: How does Bitsquare work?

No text found via /r/Bitcoin http://bit.ly/1VXBJJB

OpenBazaar wants to change the way you shop online

http://bit.ly/26zU8Qa

Submitted April 29, 2016 at 04:18PM by BitBrokerPeter http://bit.ly/1NZpcxg

What is going on with the number of transactions today?

http://bit.ly/1ikagQV via /r/Bitcoin http://bit.ly/1SysCMQ

Hi, I just want to introduce my Openbazaar store here just once. I believe I offer an interesting service.

I have a store called ChinaNumbaOne on Openbazaar. My store id is a930c023c05be077f2bdb56b68f91ba68f4aa5df.I currently reside in China and have been here for almost two years. I offer a service where you can send me a link of a product on Amazon or Ebay and I will try to find the factory here that makes it (or similar product) to get the very best price. I can usually locate it on 1688.com or otherwise I ask my Chinese partner (a talented sourcing agent) to search for it. I must add that alibaba.com is really different to 1688.com and there is usually a discrepancy in the prices.Once we find the factory, I order a sample, we discuss it and I can send it to you. Together we select a moderator. I list the product on my OB store at a price that we both agree on (usually bulk orders) and then you can place your order.I believe this service is really valuable as you don't have to trust us, you only have to trust the moderator. Saying that, I obviously want to deliver the best possible service. We act as a bridge between east and west, where there is often quite a bit of communication and trust issues.I have a connection with an established company here that ships products off Taobao, Alibaba and T-mall to Chinese expats all over the world. We do our shipping through them and they make sure the shipment will go through Chinese customs.We can also order any product for you from the above mentioned companies.At the moment my Openbazaar store is a bit messy because the software doesn't have categorization right now but there are some interesting things to look at.Please feel free to chat with me via OB chat, chinanumba1@protonmail.com and @chinanumba111 on twitter.I will not spam this subreddit again with advertisement but I thought some of you might be interested in the service. via /r/Bitcoin http://bit.ly/1SysCwA

OpenBazaar + DropZone

Anyone have any idea when this combination will be made easier. via /r/Bitcoin http://bit.ly/26Agzox

botbouncer: detect bots/scrapers and ban them from your website until they pay you Bitcoin

http://bit.ly/1SyhzUa via /r/Bitcoin http://bit.ly/1T9E4L0

COINDIG BITCOIN MINING Free 25 KH/s Power

http://bit.ly/23cxvgd

Submitted April 29, 2016 at 06:13PM by izoke http://bit.ly/1rEoMYS

LET THEM CALL IT BLOCKCHAIN...(inspired by a youtube speech of Andreas Antonopoulos)

This is the last art piece I made inspired by Andreas (as alwasy ;-P )http://bit.ly/23cEbeh and financial technology companies wants to disrupt their industry from the inside out and embrace the revolution...]Bitcoiner: 😳🤔Really? Great! Let me tell you about bitcoin! 💥OPEN, DECENTRALIZED, INNOVATIVE, WITHOUT BORDERS...Radical disruption!💥Banks: 🙄Well...we said disruption, but we didn't mean THAT kind of disruption...How about we take this massive decentralized completely open, borderless, network centric, uncontrolled, without intermediaries and...we add a bit of control, centralized it a tiny bit, maybe throw some KYC in there...and rename it "the blockchain"?!? And now we can invest into it!Bitcoiner: 😧😑😕...Let them call it "blockchain"... via /r/Bitcoin http://bit.ly/26A7N9W

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