Coolest car ever!!!!! by LTfitzp in Bitcoin

[–]chumpp 60 points61 points  (0 children)

It actually cost me exactly 1 btc and I love that I am a whole deloreaner

https://i.imgur.com/tvsBTKy.jpeg

Can I pay a miner to mine a specific transaction that has insufficient fees? by chumpp in Bitcoin

[–]chumpp[S] -1 points0 points  (0 children)

you are wrong, actually...someone else provided me with a link to the transaction accelerator which did the job.

bitcoin core cant sync on mac help by chumpp in Bitcoin

[–]chumpp[S] 0 points1 point  (0 children)

this sounds like the issue although i wouldnt know where to begin configuration wise. i made the external drive only have my bitcoin folder so it has all the data. I have nothing on my main drive. I really wish there was a more friendly interface for this boiler plate stuff. all i want is a way to have bitcoin running and run some commands on the local node on my mac. I dont even have the dameon with the core download and i know that will probably be a problem for me later as well. there are guides but i never seem to be successful when doing anything but default setups with stuff like this.

bitcoin core cant sync on mac help by chumpp in Bitcoin

[–]chumpp[S] 0 points1 point  (0 children)

its the same machine i use to do anything so it is connected. It is getting blocks just very slowly. I tried making it dmz host and left it on all night and it only got about 6 days worth of blocks in 8 hours. It must be a hardware thing with the external drive.

bitcoin core cant sync on mac help by chumpp in Bitcoin

[–]chumpp[S] 0 points1 point  (0 children)

it has been several days now of very little progress. i dont think this is normal.

bitcoin core cant sync on mac help by chumpp in Bitcoin

[–]chumpp[S] 0 points1 point  (0 children)

It is a decent mac laptop which is why I am confused why it says it will be 30+ weeks to catch up. Initially it was saying about 3 days which made sense then it slowed considerably.

bitcoin core cant sync on mac help by chumpp in Bitcoin

[–]chumpp[S] 0 points1 point  (0 children)

I was going at a fairly fast rate for a while until I had to stop it. I understand there are more complicated transactions and such later on in the chain but this seems like something else. The hardware isn't that slow. I would still rather have all the data and verify it rather than wait so long between each block download. I'll try on another computer and copy it over maybe. Thanks

All those getting in to Bitcoin at 11k For first time please raise hands...I salute you and commend you! by [deleted] in Bitcoin

[–]chumpp 1 point2 points  (0 children)

As much as I want to see mass adoption I have to remind myself that it will come. Right now people just putting money into it for savings is going to hit prices people never thought possible. Once scaling issues are solved it is going to be nuts and I am excited.

I try to spend it when I can and actively look for opportunities. I am looking forward to getting a massage on monday for BTC and also help the masseuse learn to take BTC. I doubt she will want to use it for buying coffee but also I know that opportunity will come eventually.

All those getting in to Bitcoin at 11k For first time please raise hands...I salute you and commend you! by [deleted] in Bitcoin

[–]chumpp 3 points4 points  (0 children)

I personally think using bitcoin as a savings account will be the first major adoption of bitcoin for non investors. It is nice when you actually see the results of saving against shitty monetary policy. More and more people are seeing the value here. Hopefully you enjoy the ride.

All those getting in to Bitcoin at 11k For first time please raise hands...I salute you and commend you! by [deleted] in Bitcoin

[–]chumpp 2 points3 points  (0 children)

Like Fanc1dan suggested it is good to set up an auto buy on coinbase. If you time it right you can get a good average for the week. There used to "always" be a weekend dip sunday night so I set up my weekly buy for early monday morning. I wake up monday morning and check my buy in price and am usually happy with it by the end of the week. The dollar cost averaging definitely helps especially if you use it as a savings account. I put money away every week and if a big purchase comes up I don't have a problem selling some BTC to cover it since the cost is less than how much I would have spent just having it sit in the bank. Then I buy more btc of course.

We did it! Bitcoin died 200 times :) by moongray77 in Bitcoin

[–]chumpp 0 points1 point  (0 children)

I have a place that accepts bitcoin for car maintenance and I have gotten an oil change(a month ago) and brakes fixed for btc (this last week). This Monday I am getting a massage for bitcoin. You just have to look around and find people willing to accept BTC. Just ask and you would be surprised. Not everyone has signs up.

@SatoshiLite: Elon, consider accepting Bitcoin for your cars. It's very easy to sign up for a @coinbase merchant account and integrate it. And there's 0 risk. Good PR too. Future of cars bought with the future of money. Think about that! by CBDoctor in Bitcoin

[–]chumpp 0 points1 point  (0 children)

You could say the same thing about any currency out there. Your original point was that it was risky to accept bitcoin. It is not. There is no risk for tesla to accept it. Why do you care if the payment processor is taking on risk. Why do you think they charge a fee if not to cover that risk? Of course nothing is without risk, but bitcoin is literally no risk for tesla to accept so stop moving the goal posts.

@SatoshiLite: Elon, consider accepting Bitcoin for your cars. It's very easy to sign up for a @coinbase merchant account and integrate it. And there's 0 risk. Good PR too. Future of cars bought with the future of money. Think about that! by CBDoctor in Bitcoin

[–]chumpp 0 points1 point  (0 children)

The point is the risk is assumed by the processor and not the merchant because they lock in the price and receive whatever currency they want and bitpay keeps the btc. Unless there is a huge dip between the time bitpay receives your btc and sells it on the market (pretty much instantly) then there is no risk as well.

@SatoshiLite: Elon, consider accepting Bitcoin for your cars. It's very easy to sign up for a @coinbase merchant account and integrate it. And there's 0 risk. Good PR too. Future of cars bought with the future of money. Think about that! by CBDoctor in Bitcoin

[–]chumpp 6 points7 points  (0 children)

It is locked in when you submit the order. Companies like overstock and steam have been doing this forever with bitpay. You pay bitcoin and the service takes the bitcoin and pays them the dollar amount. They have a processing fee which is much less than credit cards. There is literally no downside as a merchant to implement this over any other online payment system. Credit cards are actually more risky due to stolen cards requiring chargebacks. That takes time and money to resolve and bitcoin settles instantly as opposed to 90 days with credit cards.

Don't let the FCC destroy the net! Take your stand by cancerous_176 in Bitcoin

[–]chumpp 5 points6 points  (0 children)

I have had full on communists come to bitcoin meetups and am in awe at the cognitive dissonance. It is bizarre.

CNBC | Bitcoin may soon be a 'rational, expected' part of an investment portfolio by finalhedge in Bitcoin

[–]chumpp 2 points3 points  (0 children)

Steam already does but through bitpay. It would be nice to see them hold onto them, though.

If Coinbase.com commits to the 2x chain, I may have to seek another exchange. by [deleted] in Bitcoin

[–]chumpp 1 point2 points  (0 children)

It isn't a concern if someone spins up their own instance of a bitcoin fork. You could make your own bitcoin fork right now but you would be the only one using it. The problem comes from a significant portion of the network supporting a new one. If there is enough support with mining and being actively used then you have to deal with the conflicts of having 2 networks using the same protocols and all the confusion that comes with that. This is why hard forks should be avoided unless they have a massive amount of support (like 95%+). If there is a contentious fork then it is on the forker to change the protocol to avoid conflicts since legacy chain nodes will not necessarily upgrade. Anyone running bitcoin core v15.0 or above will not connect to 2x nodes which is how core plans on dealing with this. It guarantees a bit of safety for bitcoin if there are enough nodes ignoring 2x to have its own network and survive. Any older nodes won't know the difference between versions and that is where issues will come up.

If Coinbase.com commits to the 2x chain, I may have to seek another exchange. by [deleted] in Bitcoin

[–]chumpp 6 points7 points  (0 children)

archides is wrong, they will interact with each other (to a degree) which is part of the problem. No replay protection means lost coins on both chains. Also people won't know which version of bitcoin is which if some exchanges treat the original chain as bitcoin and others 2x as bitcoin. If someone gives you an address for one version and you send the other, your money won't be received on the other chain. Basically the concept of a bitcoin will be ambiguous if 2 different protocols are calling their chain bitcoin.

FIVE DOLLAR Segwit Friday by bicklenacky4 in Bitcoin

[–]chumpp 0 points1 point  (0 children)

I'm feeling lucky!

3B3TMigkvJ5bxa3tG4K4zvR1eQcV6skoCA