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3mily

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  1. Upvote
    3mily got a reaction from maliafka in who are the two camps ?   
    I am pretty sure that you heard about bitcoin core vs bitcoin unlimited, right ?
    On one side you have developers in north america called bitcoin core a big company with many developers who rasied millions of dollars and they have worked on their own proposal to make the bitcoin protocol better, more scalabe and faster, and on the other side there are people in asia doing the same thing called bitcoin unlimited protocol.
    Who's side are you on ?

     
  2. Upvote
    3mily got a reaction from ravenyvolle in who are the two camps ?   
    I am pretty sure that you heard about bitcoin core vs bitcoin unlimited, right ?
    On one side you have developers in north america called bitcoin core a big company with many developers who rasied millions of dollars and they have worked on their own proposal to make the bitcoin protocol better, more scalabe and faster, and on the other side there are people in asia doing the same thing called bitcoin unlimited protocol.
    Who's side are you on ?

     
  3. Upvote
    3mily got a reaction from mikanja in Giveaway #3 roll 33.33   
    Ok got it confirmed winner ty
  4. Upvote
    3mily got a reaction from mikanja in Giveaway #3 roll 33.33   
    I could be wrong but id shows : 
    BET #17,607,908,443
    Placed by overseer
    on June, 24th, 2017 at 18:34
  5. Upvote
    3mily got a reaction from one2ten in what is bitcoin hard fork   
    Better to ask that in the Primedice specific section
  6. Upvote
    3mily got a reaction from one2ten in The difference between Ether and Btc   
    First of all anyone who wants to enter this debate show of hands if you know the difference between 
    read this : http://www.coindesk.com/ethereum-classic-explained-blockchain/ and after get back here with arguments why is or is not a real threat to Bitcoin  i love this stuff @JstLikeMagyk this is some quality post, would love to have more users involved
  7. Upvote
    3mily got a reaction from one2ten in who are the two camps ?   
    I am pretty sure that you heard about bitcoin core vs bitcoin unlimited, right ?
    On one side you have developers in north america called bitcoin core a big company with many developers who rasied millions of dollars and they have worked on their own proposal to make the bitcoin protocol better, more scalabe and faster, and on the other side there are people in asia doing the same thing called bitcoin unlimited protocol.
    Who's side are you on ?

     
  8. Upvote
    3mily got a reaction from maliafka in what is SEGWIT   
    So after a very simplified explanation of hard fork it is time for the next one that is : what is SEGWIT ?
    For this will have to understand how a bitcoin blockchain transaction is working at the moment. In every bitcoin blockchain transaction you got one block of 1 MB size with many layers of information. To get the basic understanding i will only use two layers the header and the transaction. In the transaction along many inputs and outputs there is one important code that holds your signature and your public key that are used to confirm a legitimate transaction. This code has has a lot of data now so the 1 MB blocks are getting full making the network clogged. This is the so called scaling issue of bitcoin that SEGWIT is trying to fix with a different solution opposing the hard fork i described earlier.
    So The Segregated Witness proposal to speed things up and scale the bitcoin protocol is to take away that code and put it into a separate block called an extended block this way reducing the size of a normal block making it faster. So now you will have the header and the transaction plus the extended block.
    This is segwit as simple as possible.
    Make sure to follow for a more in detail explanation.If you have any questions you can leave a comment below.
  9. Upvote
    3mily got a reaction from Aembh in Giveaway #3 roll 33.33   
    Another winner confirmed for the 50k  it's aembh
    And also badguy96 won 15k
    I will give more time for others to enter as well , on Monday all the winners will be entered without any other requirements in the 4th giveaway. Good luck guys !
  10. Upvote
    3mily got a reaction from 420BlazeItFgt in The difference between Ether and Btc   
    First of all anyone who wants to enter this debate show of hands if you know the difference between 
    read this : http://www.coindesk.com/ethereum-classic-explained-blockchain/ and after get back here with arguments why is or is not a real threat to Bitcoin  i love this stuff @JstLikeMagyk this is some quality post, would love to have more users involved
  11. Upvote
    3mily got a reaction from mikanja in Giveaway #3 roll 33.33   
    As you probably know my favorite number is #3. So the winner will get 0.00033333 BTC !
    To enter the giveaway post a comment with a BET id with the 33.33 roll , use format : Bet:"idnumberx" . Just the same as you post bets on pd chat.
    Minimum bet is 100 sat and also the bet must be a winner !
    Only one time per user, i will give you guys 3 days.
    P.S. you can also post a 3.33 roll win bet that gets you a 15K win , if you hit both you get 50K
    Good luck
    Remember to follow me and like me if you like my giveaways
     
    Winners so far : @XB0CT =>  0.00033333 BTC

  12. Upvote
    3mily got a reaction from DMTripp27 in what is bitcoin hard fork   
    So now i finally adres the so called bitcoin hard fork to try and explain it the easy way for the average Bitcoin user as it truns out from the poll i made not so long ago asking primedice users if they know or understand what they heard about to happen on the 1st of August this year.
    Will break this down in two parts first is : 1. what will happen ? and second is : 2. how does this affect you ?
    1. We are here because of disagreement regarding improvements that was needed to be done to bitcoin try to see it this way, bitcoin will split into two systems that will function in paralell. This will be the first of this kind so many still fight it because it will cost a lot for those who will actually do it. There is many technical issues regarding this split that i will not discuss here but rather adres it in other posts later on. So the basic idea is that the ledger will be replicated on both systems so that your key used to control a certain amount will be used to controll it on both system at the same time. With this you will have double the amount of coins worth only half or even less then the original one you had before the split. Doubling the amount of coins the price will suffer and i have high hopes that it will only be temporarily but no one can tell. 
    2. in this next part i hope to answer the important question you guys are thinking right now and that is what will happen to my bitcoin. There will be most likely the two situation like when it really is your bitcoin or not. If you have direct control of the key after the split it is up to you to make the decision what to do with it, also keep in mind that rushing into anything will not be a smart move, so many including myself  recommend waiting to let things calm down for a while after the split and get you in a better perspective so you can make a better choices, just wait , probably wont even be many new trades right after the split.
    The second category i doubt that will be relevant to the primedice user but ill say it any way, it is when you have invested in bitconins and you have most or at least a big part of bitcoins on one of the exchanges. If you do not withdraw them to a wallet that you control before the fork  you wont be able to choose what really happens to them.
    There will be other explanation too and a more technical version also in more detail.
    If you have any questions so far you can post in comments or just message me.
  13. Upvote
    3mily got a reaction from one2ten in what is SEGWIT   
    So after a very simplified explanation of hard fork it is time for the next one that is : what is SEGWIT ?
    For this will have to understand how a bitcoin blockchain transaction is working at the moment. In every bitcoin blockchain transaction you got one block of 1 MB size with many layers of information. To get the basic understanding i will only use two layers the header and the transaction. In the transaction along many inputs and outputs there is one important code that holds your signature and your public key that are used to confirm a legitimate transaction. This code has has a lot of data now so the 1 MB blocks are getting full making the network clogged. This is the so called scaling issue of bitcoin that SEGWIT is trying to fix with a different solution opposing the hard fork i described earlier.
    So The Segregated Witness proposal to speed things up and scale the bitcoin protocol is to take away that code and put it into a separate block called an extended block this way reducing the size of a normal block making it faster. So now you will have the header and the transaction plus the extended block.
    This is segwit as simple as possible.
    Make sure to follow for a more in detail explanation.If you have any questions you can leave a comment below.
  14. Upvote
    3mily got a reaction from Aembh in what is SEGWIT   
    So after a very simplified explanation of hard fork it is time for the next one that is : what is SEGWIT ?
    For this will have to understand how a bitcoin blockchain transaction is working at the moment. In every bitcoin blockchain transaction you got one block of 1 MB size with many layers of information. To get the basic understanding i will only use two layers the header and the transaction. In the transaction along many inputs and outputs there is one important code that holds your signature and your public key that are used to confirm a legitimate transaction. This code has has a lot of data now so the 1 MB blocks are getting full making the network clogged. This is the so called scaling issue of bitcoin that SEGWIT is trying to fix with a different solution opposing the hard fork i described earlier.
    So The Segregated Witness proposal to speed things up and scale the bitcoin protocol is to take away that code and put it into a separate block called an extended block this way reducing the size of a normal block making it faster. So now you will have the header and the transaction plus the extended block.
    This is segwit as simple as possible.
    Make sure to follow for a more in detail explanation.If you have any questions you can leave a comment below.
  15. Upvote
    3mily reacted to JstLikeMagyk in need idea for list inside post   
    She wants a hide function, quite common on forums basically you hit hide enter the info and the same way you allow us to display a hyperlink as : link text you would be able to go hide : hidden text. when you click it, it expands the hidden info.
  16. Upvote
    3mily got a reaction from youngman33 in what is bitcoin hard fork   
    Yes , in case of stocks the shares number increases but the price is adjusted so it stays the same to ensure that the market capitalization remains the same. With bitcoin because of the differences between the two systems after the split it won't be the same.
     
  17. Upvote
    3mily got a reaction from Aembh in what is bitcoin hard fork   
    So now i finally adres the so called bitcoin hard fork to try and explain it the easy way for the average Bitcoin user as it truns out from the poll i made not so long ago asking primedice users if they know or understand what they heard about to happen on the 1st of August this year.
    Will break this down in two parts first is : 1. what will happen ? and second is : 2. how does this affect you ?
    1. We are here because of disagreement regarding improvements that was needed to be done to bitcoin try to see it this way, bitcoin will split into two systems that will function in paralell. This will be the first of this kind so many still fight it because it will cost a lot for those who will actually do it. There is many technical issues regarding this split that i will not discuss here but rather adres it in other posts later on. So the basic idea is that the ledger will be replicated on both systems so that your key used to control a certain amount will be used to controll it on both system at the same time. With this you will have double the amount of coins worth only half or even less then the original one you had before the split. Doubling the amount of coins the price will suffer and i have high hopes that it will only be temporarily but no one can tell. 
    2. in this next part i hope to answer the important question you guys are thinking right now and that is what will happen to my bitcoin. There will be most likely the two situation like when it really is your bitcoin or not. If you have direct control of the key after the split it is up to you to make the decision what to do with it, also keep in mind that rushing into anything will not be a smart move, so many including myself  recommend waiting to let things calm down for a while after the split and get you in a better perspective so you can make a better choices, just wait , probably wont even be many new trades right after the split.
    The second category i doubt that will be relevant to the primedice user but ill say it any way, it is when you have invested in bitconins and you have most or at least a big part of bitcoins on one of the exchanges. If you do not withdraw them to a wallet that you control before the fork  you wont be able to choose what really happens to them.
    There will be other explanation too and a more technical version also in more detail.
    If you have any questions so far you can post in comments or just message me.
  18. Upvote
    3mily reacted to Cordiceps in Impact of revised faucet   
    Everything is said. Close debate and topic lmao
  19. Upvote
    3mily reacted to Cordiceps in If you get offended i couldn't care less   
    Ok this is humour but there is some truth in this meme. I'm denouncing some things that are happening and annoy loads of people.
    Anyways a meme is a meme  Enjoy y'all

  20. Upvote
    3mily reacted to 420BlazeItFgt in what is bitcoin hard fork   
    Everything will happen hastily and people will panic cash out and the price will see a significant drop. That might be the bets time for investors to go in with a big investment because when the dust settles, everything will be cool with BTC.
  21. Upvote
    3mily reacted to maliafka in i am maliafka   
    Hello @Irena , Thank you! 
    Is a pleasure to meet you too. You are very nice and hopeful!  
    Wish you Good Luck and allot of patience on your work here! Take care  
     
  22. Upvote
    3mily reacted to Cordiceps in [0.06 a week] Forum Heroes!   
    Whatever people this is starting to annoy me.
    Of course it will favour some people. But this isn't RANDOM FAVOUR. These people, streamers, admins, mods, and people that are active and creating interesting topics (unlike most of the people around here creating bullshit useless topics to get btis and reputation)
    You can't blame charismatic and smart people for being...well...charismatic and smart and above all involved in the community.
    It's like you have a art contest, ofc artists and craftsmen are gonna be favoured. You can't blame that. Only thing you can blame is your lack of talent.
    So if you guys really want to have a chance to win these giveaways well do something about it, stop fucking crying and pointing fingers at each other.
    And if this is unfair or unsuccessful well PrimeDice will make some adjustments and changes like they always do to IMPROVE. So chill out.By the way this is only 0,01 if you really want them move your ass to McDonalds and work for 2 hours. Period
  23. Upvote
    3mily reacted to youngman33 in what is bitcoin hard fork   
    So this would pretty much act as a stock split instead BTC may be valued at less than half its current price?
  24. Upvote
    3mily reacted to ledust in what is bitcoin hard fork   
    I myself have had trouble reading into all the hard details of exactly what is possible to happen relating to this, I am probably just going to make sure I have all my bitcoin cashed out before this does happen. I can't seem to find concrete evidence if this will effect the price or not =\
  25. Upvote
    3mily got a reaction from Aembh in Giveaway #3 roll 33.33   
    As you probably know my favorite number is #3. So the winner will get 0.00033333 BTC !
    To enter the giveaway post a comment with a BET id with the 33.33 roll , use format : Bet:"idnumberx" . Just the same as you post bets on pd chat.
    Minimum bet is 100 sat and also the bet must be a winner !
    Only one time per user, i will give you guys 3 days.
    P.S. you can also post a 3.33 roll win bet that gets you a 15K win , if you hit both you get 50K
    Good luck
    Remember to follow me and like me if you like my giveaways
     
    Winners so far : @XB0CT =>  0.00033333 BTC

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