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Wednesday, January 11, 2017

#bitcoin channel featuring Emcy, marijnfs, rabidus, TheButterZone, nkuttler, geniusking,

Emcy 2017-01-10 22:37:45
https://twitter.com/balajis/status/814706247110795265 this seems like a sensible concern you know
piqure 2017-01-10 22:37:46
^^^ WARNING: any URL may lead directly or indirectly to COIN-STEALING MALWARE! ^^^
Emcy 2017-01-10 22:37:59
does bitcoin core still have bog standard p2p
geniusking 2017-01-10 23:01:15
how can i trace about my network?
geniusking 2017-01-10 23:02:39
is there any free bitcoin node?
nkuttler 2017-01-10 23:02:57
um, what?
geniusking 2017-01-10 23:03:33
is there any free bitcoin node?
TheButterZone 2017-01-10 23:03:43
stop asking
geniusking 2017-01-10 23:03:55
why?
nkuttler 2017-01-10 23:04:14
geniusking: yes, download it from bitcoin.org
nkuttler 2017-01-10 23:04:26
it's called bitcoin core
geniusking 2017-01-10 23:04:58
that I've downloaded, but from where to start for a fresh node and is it possible to set my own pricing for that?
nkuttler 2017-01-10 23:06:11
what is a fresh node, and what pricing?
marijnfs 2017-01-10 23:07:20
wtf
geniusking 2017-01-10 23:07:23
how the pricing of bitcoin getting setted?
geniusking 2017-01-10 23:07:49
and who is authorizing the volume of available bitcoin?
nkuttler 2017-01-10 23:07:54
geniusking: the bitcoin price is whatever two people who trade it agree one
nkuttler 2017-01-10 23:08:05
the volume is whatever traders put on the market
nkuttler 2017-01-10 23:08:14
this is all common sense, isn't it?
geniusking 2017-01-10 23:09:02
so why it is being said that bitcoin will be over by 2018 or something like that?
nkuttler 2017-01-10 23:09:19
ok, so you don't mean the market volume..
nkuttler 2017-01-10 23:09:40
geniusking: the total amount of bitcoins that will ever be generated is limited by software
geniusking 2017-01-10 23:09:54
but software is limitless
geniusking 2017-01-10 23:10:04
so how it can be volatile kind of thing
nkuttler 2017-01-10 23:10:08
geniusking: start here https://bitcoin.org/bitcoin.pdf
geniusking 2017-01-10 23:10:23
I also gone through that
geniusking 2017-01-10 23:10:30
but still the confusion is
geniusking 2017-01-10 23:10:33
plz help me
nkuttler 2017-01-10 23:10:44
geniusking: https://bitcoin.org/en/developer-documentation
geniusking 2017-01-10 23:10:55
okey, thanks
nkuttler 2017-01-10 23:11:35
geniusking: it's about consensus. anybody could change bitcoin to produce more coins, that would be a hardfork, or an altcoin
nkuttler 2017-01-10 23:11:46
thing is, people won't use the modified software
geniusking 2017-01-10 23:11:59
are you Satoshi Nakamoto?
nkuttler 2017-01-10 23:12:16
i am three
geniusking 2017-01-10 23:12:37
means third one from that group?
nkuttler 2017-01-10 23:12:54
no, i am three times satoshi
geniusking 2017-01-10 23:13:07
ha ha
geniusking 2017-01-10 23:13:10
lol
geniusking 2017-01-10 23:13:39
ok. please help me in one thing
geniusking 2017-01-10 23:13:47
I want to create my own network
nkuttler 2017-01-10 23:13:59
network?
geniusking 2017-01-10 23:14:32
means my node
nkuttler 2017-01-10 23:15:30
and?
geniusking 2017-01-10 23:15:38
and what?
nkuttler 2017-01-10 23:15:59
geniusking> ok. please help me in one thing
geniusking 2017-01-10 23:15:59
how can I create my node that I can also generate some dollars or money
geniusking 2017-01-10 23:16:10
what?
nkuttler 2017-01-10 23:16:19
geniusking: you get dollars by exchanging bitcoin to dollars
nkuttler 2017-01-10 23:16:23
it has nothing to do with bitcoin itself
nkuttler 2017-01-10 23:16:46
bitcoins can be mined, but you can't do that with a node
geniusking 2017-01-10 23:16:48
thats ok, but how many bitcoin should be generated to get a dollar
nkuttler 2017-01-10 23:17:07
geniusking: the bitcoin price is discussed in #bitcoin-pricetalk
geniusking 2017-01-10 23:17:49
are you doing the mining work for generation of bitcoin?
nkuttler 2017-01-10 23:18:00
me personally? no
geniusking 2017-01-10 23:18:09
why?
geniusking 2017-01-10 23:18:17
do you not really want to become rich?
geniusking 2017-01-10 23:18:49
or you also can't do mining?
nkuttler 2017-01-10 23:18:50
just become a miner yourself, and see how it goes
geniusking 2017-01-10 23:19:22
how can I become miner? Are you a miner?
nkuttler 2017-01-10 23:19:33
i already answered that
nkuttler 2017-01-10 23:19:42
google "how to mine bitcoin"
geniusking 2017-01-10 23:20:11
but as per my learnings miner is possible through hardware only
rabidus 2017-01-10 23:20:23
you can use pen and paper too
geniusking 2017-01-10 23:20:34
plz
rabidus 2017-01-10 23:20:35
however it's a bit slow
nkuttler 2017-01-10 23:20:36
you can even do it in your head
rabidus 2017-01-10 23:20:37
:)
geniusking 2017-01-10 23:20:48
how?
nkuttler 2017-01-10 23:20:49
geniusking: please take some time to educate yourself
rabidus 2017-01-10 23:21:02
in your optimized head you might solve it under 10 minutes i guess
geniusking 2017-01-10 23:21:38
I know that it is all about virtualization
geniusking 2017-01-10 23:21:53
but very simple questions are still making me in problem
rabidus 2017-01-10 23:22:11
in meantime however other computers have been solving it 1.4*10^12 times
rabidus 2017-01-10 23:22:21
1.5
rabidus 2017-01-10 23:22:50
i'm just trying to be nerdy-funny
geniusking 2017-01-10 23:23:07
yup
geniusking 2017-01-10 23:23:10
looking so
rabidus 2017-01-10 23:23:13
and probably wrong.
geniusking 2017-01-10 23:23:43
ok, how many bitcoins do you have?
nkuttler 2017-01-10 23:23:54
that's none of your business
geniusking 2017-01-10 23:23:54
very personal question
nkuttler 2017-01-10 23:24:02
don't ask that people in here
geniusking 2017-01-10 23:24:07
but please don't take it serious
rabidus 2017-01-10 23:24:14
i can say that i have more than 0
nkuttler 2017-01-10 23:24:28
i have less than 21 million
geniusking 2017-01-10 23:24:38
I'm little curious that is someone relying on that
rabidus 2017-01-10 23:24:43
i'm not allowed to say that
rabidus 2017-01-10 23:24:45
;)
geniusking 2017-01-10 23:24:49
:)
rabidus 2017-01-10 23:24:56
too accurate
geniusking 2017-01-10 23:25:27
ok, something
geniusking 2017-01-10 23:25:32
can u plz help me
geniusking 2017-01-10 23:25:46
If I've to purchase the bitcoin using our currency
rabidus 2017-01-10 23:25:55
afaik you don't have even a question
geniusking 2017-01-10 23:26:02
then what's is use of software provided by bitcoin.org
rabidus 2017-01-10 23:26:14
what is use of bitcoin?
geniusking 2017-01-10 23:26:23
exchange
geniusking 2017-01-10 23:26:26
purpose only
rabidus 2017-01-10 23:26:34
to change fiat to bitcoin and vice versa
rabidus 2017-01-10 23:26:47
or crypto to crypto
geniusking 2017-01-10 23:26:58
ok
geniusking 2017-01-10 23:27:22
so the software will help me only in coversions and not helping in generating more bitcoin myself
rabidus 2017-01-10 23:28:06
what software?
geniusking 2017-01-10 23:28:19
provided by bitcoin.org
geniusking 2017-01-10 23:28:27
bitcoin core
rabidus 2017-01-10 23:28:52
you can think that just as a hardcore wallet
geniusking 2017-01-10 23:29:09
hmm