submitted by /u/thegrandknight [link] [comments] |
This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Saturday, 19 October 2019
How can SPV users be protected from inflation bugs?
I'm looking for technical information addressing this topic, seeing as we mainly believe in SPV wallets as the path to mass scaling and inflation bugs have accidentally creeped into Bitcoin a few times now. If your SPV wallet is not verifying all the transactions, you can't know if you received Bitcoins that shouldn't exist, right? So what do we do about this?
Thanks
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source https://www.reddit.com/r/btc/comments/dk0hne/how_can_spv_users_be_protected_from_inflation_bugs/
When this post is 6 hours old, the 0.5 BCH Guaranteed poker tournament will begin. Buy-in is 0.03 BCH
Testing out the new feature on https://blockchain.poker that allows users to create their own tournaments.
Start time: 14:30 UTC (6 hours from now)
0.5 BCH Guaranteed Poker Tournament
Buy-in: 0.03 BCH
Max Players: 60
Sign up: https://blockchain.poker?tournament=4376
See you on the tables!
[link] [comments]
source https://www.reddit.com/r/btc/comments/dk11hc/when_this_post_is_6_hours_old_the_05_bch/
My uneducated take on my bitcoin...
(TL;DR Long post of mainly my personal life experience summed up at the bottom.)
When I first bought when it plummeted to under 4k. I watched day by day as my coinbase account allowed for bigger purchases.
I haven't bought much more since and the only time I bought anything was because my bank blocked the transaction to a "legal" betting site. Even then with their added benefits and no fees for depositing with bitcoin over cash, I didn't like it. This was my investment not theirs why should you reap the benefits. I know that sounds crazy when referring to playing to gamble, but it's what I felt.
Buy low and sell high is the main goal of investments but when is high enough? I don't know and I'm in for the long term.
I compare it too gold and silver from 08-13. The economy was bad and the price was extremely high. My grandpa passed away then and left me about 50 1oz silver coins. I was young, just moved to a new state had a crappy job while taking classes to get HVAC certs and Electrical license.
I sold them all. Luckily the price stayed down long enough for me to get more once I had a real job after. But most people didn't. A lot sold everything at shitty cash for gold pop up stores where if you brought in a diamond ring they gave you less than the standard for the gold and nothing for the diamonds while acting like it was such a chore for them to separate the two.
This was a great plain to get the gold and silver out of the everyday, pay check to pay people and into the vaults of the super rich. They knew giving up a little more meaning less paper for the gold was the best long term move.
I know we're talking about apples and oranges but it will happen again and again. I won't sell at the next big spike either. I bought low and im going to see it through.
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