I am waiting for my transaction for over 4hours now and still no confirmation... Payed the regular fees...
Jesus.. we need bigger blocks yesterday.
Jesus.. we need bigger blocks yesterday.
84k unconf tx in mempool https://tradeblock.com/blockchain/
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21452. (Read 26732470 times)
July 09, 2015, 02:53:57 PM
84k unconf tx in mempool https://tradeblock.com/blockchain/
July 09, 2015, 02:52:58 PM
is there any possibility to rise the tx-fees on Multibit?
July 09, 2015, 02:51:56 PM
Nah ... Greeks love tourism. Greek islands are peaceful places. Sure, I would avoid large cities and public places (tho even that might be being too cautious), but I doubt there will be much other than gratitiude for tourists in the islands. They NEED that income and all small islands are like mafias ... crime breaks out that affects business, it will be nipped in the bud. Sure, I would expect a little more crime there if everyone is carrying cash, but the islands are one of their greatest assets and they know it.
Stand with the Greeks, take extra money and spend it all, they need it
I'm half expecting a massive street party once they are released from the tyranny of the EU, if that happens. Sure, lots of hard work ahead, but no more boot stamping on the face ...
macgsa, interested to hear your view ... btw, I am not implying that greek islanders are only friendly to tourists for the money
Greek islands are a place of Heaven that escaped on Earth. The current problem is that WE (the Greeks) cannot withdraw more than 60Eur per person, a day. That doesn't apply to a tourist coming to Greece. They have the ability to take infinite amounts. If you check the posts from tourists that are now on Greek islands, you see how the world is rolling here.
Personally, I don't anymore expect a Grexit. I don't expect a nice deal for us either, but I do expect a HEAVY debt reduction by the institutions. Similar to the one that occurred to Germany's debt in 1953 with the London treaty. Call me a fool, but that's what -I think- is the reason Greece has not already been on Drachma or something similar.
We look forward. We're strong and grateful that we live here. Money don't matter. People do...
You are probably right, now Germany has agreed Greece needs debt restructuring. Germany stubbornly refusing to consider restructuring was the biggest impediment to a deal. Now its changed its mind a deal might go through this weekend that prevents a Grexit.
http://www.reuters.com/article/2015/07/09/us-eurozone-greece-idUSKBN0P40EO20150709
Quote
Germany conceded on Thursday that Greece would need some debt restructuring as part of any new loan program to make its economy viable as the Greek cabinet raced to finalize reform proposals to avert an imminent economic meltdown.
The admission by German Finance Minister Wolfgang Schaeuble came hours before a midnight deadline for Athens to submit a reform plan meant to convince European partners to give it another loan to save it from a possible exit from the euro.
The admission by German Finance Minister Wolfgang Schaeuble came hours before a midnight deadline for Athens to submit a reform plan meant to convince European partners to give it another loan to save it from a possible exit from the euro.
July 09, 2015, 02:50:40 PM
Taking a shit load of euros, don't worry Torque..
Rather deposit € on exchange (arbitrage) and try to sell btc local there... after all Mascga said prices for btc are high (50€+ compere to actual rate)
Wouldn't that involve selling in person via Local Bitcoins? I wouldn't want to show off big wads of cash in public while selling Bitcoins in Greece. Considering you can only make tiny daily ATM withdrawals anyone showing off cash will risk robbery. Desperate people often do things they normally wouldn't consider.
more risk more reward... i think that is how they say it works.
a crisis is always a chance for the good or bad.
btw. i watched the ukip video from nigel and i think tsipras was rather thinking this: are you stupid? we dont want to leave the euro, we just want a real deal with debt relief.
July 09, 2015, 02:49:57 PM
I am waiting for my transaction for over 4hours now and still no confirmation... Payed the regular fees...
Jesus.. we need bigger blocks yesterday.
Jesus.. we need bigger blocks yesterday.
I've been waiting for my accidental LTC purchase to go through since yesterday. Patience. Worst case scenario, it goes through 2 days from now.
July 09, 2015, 02:45:27 PM
Taking a shit load of euros, don't worry Torque..
Rather deposit € on exchange (arbitrage) and try to sell btc local there... after all Mascga said prices for btc are high (50€+ compere to actual rate)
Wouldn't that involve selling in person via Local Bitcoins? I wouldn't want to show off big wads of cash in public while selling Bitcoins in Greece. Considering you can only make tiny daily ATM withdrawals anyone showing off cash will risk robbery. Desperate people often do things they normally wouldn't consider.
July 09, 2015, 02:44:48 PM
I am waiting for my transaction for over 4hours now and still no confirmation... Payed the regular fees...
Jesus.. we need bigger blocks yesterday.
Jesus.. we need bigger blocks yesterday.
July 09, 2015, 02:43:25 PM
Nah ... Greeks love tourism. Greek islands are peaceful places. Sure, I would avoid large cities and public places (tho even that might be being too cautious), but I doubt there will be much other than gratitiude for tourists in the islands. They NEED that income and all small islands are like mafias ... crime breaks out that affects business, it will be nipped in the bud. Sure, I would expect a little more crime there if everyone is carrying cash, but the islands are one of their greatest assets and they know it.
Stand with the Greeks, take extra money and spend it all, they need it
I'm half expecting a massive street party once they are released from the tyranny of the EU, if that happens. Sure, lots of hard work ahead, but no more boot stamping on the face ...
macgsa, interested to hear your view ... btw, I am not implying that greek islanders are only friendly to tourists for the money
Greek islands are a place of Heaven that escaped on Earth. The current problem is that WE (the Greeks) cannot withdraw more than 60Eur per person, a day. That doesn't apply to a tourist coming to Greece. They have the ability to take infinite amounts. If you check the posts from tourists that are now on Greek islands, you see how the world is rolling here.
Personally, I don't anymore expect a Grexit. I don't expect a nice deal for us either, but I do expect a HEAVY debt reduction by the institutions. Similar to the one that occurred to Germany's debt in 1953 with the London treaty. Call me a fool, but that's what -I think- is the reason Greece has not already been on Drachma or something similar.
We look forward. We're strong and grateful that we live here. Money don't matter. People do...
YIAMAS!!!!!
July 09, 2015, 02:01:49 PM
July 09, 2015, 01:54:05 PM
Nigel Farage Destroys EU Group-Think: "There's A New Berlin Wall... And It's Called The Euro"
http://www.zerohedge.com/news/2015-07-09/nigel-farage-destroys-eu-group-think-just-4-minutesthere-new-berlin-wall-and-its-cal
Damn right Nigel ! Damn right!
http://www.zerohedge.com/news/2015-07-09/nigel-farage-destroys-eu-group-think-just-4-minutesthere-new-berlin-wall-and-its-cal
Damn right Nigel ! Damn right!
Nigel Farage and Donald Trump... I wonder why Bitcoin hasn't gone mainstream.
We got Roid Rage, Angry Bald Bloke with freaky eyes, and Frapman, to name just a few ... no contest
July 09, 2015, 01:18:33 PM
All this talk about tx fees. I wonder how the competition copes?
http://www.wsj.com/articles/eu-files-antitrust-charges-against-mastercard-over-cross-border-fees-1436437381
http://www.wsj.com/articles/eu-files-antitrust-charges-against-mastercard-over-cross-border-fees-1436437381
July 09, 2015, 01:12:01 PM
Personally I think it's actually showing how robust the system is.
And Litecoin is showing with its rally at this time how much better and easier its fix against spam/DoS is. See:
http://cointelegraph.com/news/114791/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoin
"CL: Because Litecoin is an altcoin and a much smaller market cap, the Litecoin price is extremely volatile. So when the crypto currency market is crashing, it gets hit a lot harder than Bitcoin. And when it's going up, Litecoin does extremely well."
So buying or selling an alt coin is like buying or selling bitcoins on margin.
July 09, 2015, 01:11:33 PM
Personally I think it's actually showing how robust the system is.
And Litecoin is showing with its rally at this time how much better and easier its fix against spam/DoS is. See:
http://cointelegraph.com/news/114791/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoin
Litecoin's not immune to the spam attack, it would just cost more to do the same attack on Litecoin. I don't know how many transactions the Bitcoin spammer is sending for a single fee payment, but it's not costing that much money to do the attack. I assume Litecoin's transaction fees are lower than Bitcoin's so a spammer might still be able to attack Litecoin for not that much more money than attacking Bitcoin. Litecoin's not been attacked yet and it would be interesting to see how resilient it really is.
There is nothing new in a pyramid scheme. So I wouldn't bother to translate it into English.
Here is their PPT in word:
http://8btc.com/forum.php?mod=redirect&goto=findpost&ptid=20406&pid=171287
Here is their PPT in word:
http://8btc.com/forum.php?mod=redirect&goto=findpost&ptid=20406&pid=171287
LOL, dude, you're killing us!
So,
1. 10%
2. 10%
3. 3%
4. Profit
Member must buy in 500 ltc to be eligible to collect "mining return" (3-5 ltc/day).
litecoin receiving address of "direct sales" group exposed and over 1 million in balance:
http://8btc.com/thread-20406-3-1.html
http://8btc.com/thread-20406-3-1.html
July 09, 2015, 01:09:32 PM
Nigel Farage Destroys EU Group-Think: "There's A New Berlin Wall... And It's Called The Euro"
http://www.zerohedge.com/news/2015-07-09/nigel-farage-destroys-eu-group-think-just-4-minutesthere-new-berlin-wall-and-its-cal
Damn right Nigel ! Damn right!
http://www.zerohedge.com/news/2015-07-09/nigel-farage-destroys-eu-group-think-just-4-minutesthere-new-berlin-wall-and-its-cal
Damn right Nigel ! Damn right!
Nigel Farage and Donald Trump... I wonder why Bitcoin hasn't gone mainstream.
July 09, 2015, 01:08:18 PM
Taking a shit load of euros, don't worry Torque..
Nice one Inca
The fear is strong in this one ...
https://www.youtube.com/watch?v=xHa3D-musUw
Without enough fear or enough bad things happening, the Greeks will never consider another type of currency/asset to preserve their savings and wealth. This includes putting money into bitcoin.
https://www.youtube.com/watch?v=6tAbP49atdU
Sigh...
Lol ... I think I will stick to Yoda's wisdom vs 'roid rage' if you don't mind
By voting 'Oxi' the Greek people have already shown that they have the balls (ie. lack of fear) to stand up to the EU in the face of financial terrorism.
@hdbuck ... awesome link, thanks !
Actually, I think Syriza is going for something more like this: https://www.youtube.com/watch?v=Tt1W0F0yObg
July 09, 2015, 01:01:52 PM
July 09, 2015, 12:46:48 PM
Taking a shit load of euros, don't worry Torque..
Nice one Inca
The fear is strong in this one ...
https://www.youtube.com/watch?v=xHa3D-musUw
Without enough fear or enough bad things happening, the Greeks will never consider another type of currency/asset to preserve their savings and wealth. This includes putting money into bitcoin.
https://www.youtube.com/watch?v=6tAbP49atdU
Sigh...
Lol ... I think I will stick to Yoda's wisdom vs 'roid rage' if you don't mind
By voting 'Oxi' the Greek people have already shown that they have the balls (ie. lack of fear) to stand up to the EU in the face of financial terrorism.
@hdbuck ... awesome link, thanks !
July 09, 2015, 12:46:02 PM
267 again... , are you ready to do circles in 260 - 269 ?
July 09, 2015, 12:43:58 PM
Personally I think it's actually showing how robust the system is.
And Litecoin is showing with its rally at this time how much better and easier its fix against spam/DoS is. See:
http://cointelegraph.com/news/114791/litecoin-shows-there-is-a-simple-fix-for-spam-attacks-on-bitcoin
July 09, 2015, 12:38:44 PM
This is my understanding of the situation anyway, from following Cypher's thread.
Without a doubt tho, IMO, it has something to do with the block size debate and is not an actual attack on BTC itself.
Somebody is trying to prove a point. At the moment they are proving that BTC can function fine with more tx's flowing thru the network, so bandwidth is not an argument
If you want a transaction processed, all you have to do is add at least the normal fee of .0001 and it should go thru fine.
https://tradeblock.com/blockchain
From here you can see that there are 90k spam tx in Mempool backlog, and total fees of 4.5 BTC, giving an average fee of 0.00005. Given that genuine tx's will be being sent with minimum .0001, and many with more than that, the fees on the spam are tiny, hence the backlog should only affect anyone who wants a fee-free tx. Boo-hoo ...
Personally I think it's actually showing how robust the system is.
Without a doubt tho, IMO, it has something to do with the block size debate and is not an actual attack on BTC itself.
Somebody is trying to prove a point. At the moment they are proving that BTC can function fine with more tx's flowing thru the network, so bandwidth is not an argument
If you want a transaction processed, all you have to do is add at least the normal fee of .0001 and it should go thru fine.
https://tradeblock.com/blockchain
From here you can see that there are 90k spam tx in Mempool backlog, and total fees of 4.5 BTC, giving an average fee of 0.00005. Given that genuine tx's will be being sent with minimum .0001, and many with more than that, the fees on the spam are tiny, hence the backlog should only affect anyone who wants a fee-free tx. Boo-hoo ...
Personally I think it's actually showing how robust the system is.
Thanks for the info, I haven't been following too closely but my transactions are going through as normal. As you said:
Quote
I am not sure which the spammer is fighting for as he is proving that the nodes are not collapsing with the extra tx in the Mempool, the block size being the limiting factor in clearing it. Meanwhile a Fee-market is developing, whereby anyone paying a bit more is still guaranteed a fast transaction. If anything, its just proving how versatile and adaptable BTC is.
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