[X] My Assistant

Then use something other than Paypal. I know there's alternatives. Just next time don't use the account for business-related reasons and come up with something that they'll fall for. It worked for Nagomi-web in the past (IMG:[invalid] style_emoticons/default/smile.gif)

Just next time don't use the account for business-related reasons and come up with something that they'll fall for.

So... commit fraud?

Then use something other than Paypal. I know there's alternatives. Just next time don't use the account for business-related reasons and come up with something that they'll fall for. It worked for Nagomi-web in the past (IMG:[invalid] style_emoticons/default/smile.gif)

Sorry to tell you but if are not able to use crypto you will end like the dinosaurs. (IMG:[invalid] style_emoticons/default/wink.gif) A donation is a good time to start.

The big question of course TenB is have you held on to all those BTC you've gotten over the years?

Sending a donation of more than two whole bitcoin would be a lot more meaningful now than back in 2013...

Then use something other than Paypal. I know there's alternatives. Just next time don't use the account for business-related reasons and come up with something that they'll fall for. It worked for Nagomi-web in the past (IMG:[invalid] style_emoticons/default/smile.gif)

Doesn't actually work over time unless your volume is really low.

The big question of course TenB is have you held on to all those BTC you've gotten over the years?

With hindsight, that would have been an excellent idea, but servers eat money every month.

With hindsight, that would have been an excellent idea, but servers eat money every month.

Also, I've been reported that the later it gets, the harder is to reconvert btc into money.
Correct me if I'm wrong (IMG:[invalid] style_emoticons/default/laugh.gif)

Also, I've been reported that the later it gets, the harder is to reconvert btc into money.
Correct me if I'm wrong (IMG:[invalid] style_emoticons/default/laugh.gif)

Bitcoin and Bitcoin Cash ARE money; no different from colored beads, stone monoliths, or greenish cloth with pictures of dead people from the USA's history.

Now converting whole units BTC into USD because of the high appreciation/deflation and the underlying network wasn't built to scale to handle this many transactions so instead of a raw wallet to wallet BTC transfer costing a fraction of a cent, to presently possibly costing $20+.

This post has been edited by teenyman45: Dec 23 2017, 21:19

Bitcoin and Bitcoin Cash ARE money

This phrase could lead to endless discussions (IMG:[invalid] style_emoticons/default/duck.gif)

But only one thing is sure, buying btc is super easy, selling btc is quite obnoxious.

To convert it back to a fiat currency at an exchange, you would have to go through the whole KYC/AML song and dance, but we're not bothering with that. Most of our server hosts accept BTC (and soon BCH) directly, so there's no need.

I added a new adopt-a-server slot to cover one that'll be expiring before too long by using the new BCH option.

I paid a two to three cent network fee.

Thumbs up. (IMG:[invalid] style_emoticons/default/happy.gif)

and thus another year without any stars or gold status or nothing for me concludes...

To convert it back to a fiat currency at an exchange, you would have to go through the whole KYC/AML song and dance, but we're not bothering with that. Most of our server hosts accept BTC (and soon BCH) directly, so there's no need.

Can I also suggest you to add segwit bech32 address for Btc donations since the fee for that are much lower?

I had the opposite problem of most people... several months ago I put a little more than 100 USD in bitcoin to make a 100 USD donation to get a gold star... that I had a few dollars in my wallet did not bother me so with this in mind and bitcoin's volitivity I checked my wallet and the few dollars I had was now over 423 USD!!!! so I donated it all to here and hope that it is a surprise to you as it was to me. Tim I did not expect the extra credits thank you

This post has been edited by oychtim: Dec 26 2017, 03:03

Can I also suggest you to add segwit bech32 address for Btc donations since the fee for that are much lower?

We're already using nested SegWit with P2SH-P2WPKH, so we'd only save ~23 bytes per input with native SegWit, and it doesn't affect the fees of sending *to* those addresses. But, I'm planning on adding it as soon as Bitcoin Core 0.16 is released with the necessary wallet support.

It's a really nice update since BTC transaction fee is becoming unbearable.

Plus, would you share your personal point of view for the future of BCH against BTC?

This post has been edited by Arith Undine: Dec 28 2017, 15:25

Ah, BCH, muuuuuch better (IMG:[invalid] style_emoticons/default/biggrin.gif)

Plus, would you share your personal point of view for the future of BCH against BTC?

Oh, I missed this one.

It's a complex question with a complex answer. The blame for the current high fees can be divided up three ways. It partially goes to the miners, for stalling SegWit for eight or nine months, meaning that adoption is eight or nine months where it would otherwise be. It partially goes to major companies involved with BTC, who have been exceedingly slow to upgrade their system to take advantage of the additional capacity SegWit added. And it partially goes to the core devs, who should have taken the initiative to change to a slowly increasing or adaptive blocksize scaling years ago.

However, on-chain doesn't scale long term. You can already see this with Ethereum. It's basically at the breaking point, blocks are as large as they can make them without having [etherscan.io] the rate of uncle blocks go completely nuts, and fees and pending transaction are [etherscan.io] creeping up towards BTC levels.

BCH can probably scale easily to 10 MB blocks and maybe even 100 MB blocks, but if you actually want VISA-level transaction capacity, you need much more than the 3-400 tps you would get from that. So for a blockchain-based coin, second-layer solutions like Lightning seem strictly necessary. The question for BTC is whether or not it is too little and too late.

One alternative is DAG-based coins, like IOTA and Raiblocks. However, these seem really fragile to me, and I expect that they won't survive in the real world whenever someone gets an incentive to short and crash them.