You summerfags need to understand that the point of crypto is to be your own...

girlDog
girlDog

You summerfags need to understand that the point of crypto is to be your own bank.

Do not store crypto in exchanges.

Put your money in BITCOIN to store long term and download a BITCOIN CORE FULL NODE.

bitcoin.org/en/download

This way, you are helping the network and obtaining top tier security, nobody can steal your money (given that you aren't an idiot installing malware in your computer)

youtube.com/watch?v=fNk7nYxTOyQ

It will take a couple of days to download the entire blockchain but its worth it. Open it once a day and let it update.

Always install BITCOIN CORE only software. Bitcoin XT, Bitcoin Classic, Bitcoin Unlimited etc, are all scams.

All urls found in this thread:

bitcoin.org/en/download
youtube.com/watch?v=fNk7nYxTOyQ
amazon.com/TREZOR-The-Bitcoin-Safe-Black/dp/B00R6MKDDE
youtube.com/watch?v=jUhe7J6-aG0
youtube.com/watch?v=gF_ZQ_eijPs
cointelegraph.com/news/bitcoin-scaling-consensus-reached-commentary-from-industry-leaders
youtube.com/watch?v=jz98GHDVKJ4
newsbtc.com/2017/05/19/according-gavin-andresen-running-full-bitcoin-node-waste-resources/
coinjournal.net/gavin-andresen-mike-hearn-will-be-the-benevolent-dictator-of-bitcoinxt/
twitter.com/JackMallers/status/857357930777149440

hairygrape
hairygrape

want to download full node
no bootstraps for some alt shitcoins
sync takes YEARS

I never asked for this

girlDog
girlDog

I really want to run a full node and support the network. I have a NAS running 24/7 anyway. Can anyone tell me though how much network resource does this need? I have a monthly 1TB capped connection with 80Mb/s down and 10Mb/s up. Thanks.

StonedTime
StonedTime

You summerfags need to understand that the point of crypto is to be your own bank.

I don't want to be a bank, I want to make bank.

Lord_Tryzalot
Lord_Tryzalot

Do not store crypto in exchanges.
It's impossible to steal crypto if you have 2fa enabled. Just sayin.

Gigastrength
Gigastrength

Look what I just bought my dudes!

amazon.com/TREZOR-The-Bitcoin-Safe-Black/dp/B00R6MKDDE

I've been looking for something like this since 2014!

Sir_Gallonhead
Sir_Gallonhead

implying hackers actually need your account credentials to steal your crypto. The exchange controls your private keys mah goy.

PackManBrainlure
PackManBrainlure

I got one of those several weeks ago. It's freaking awesome and totally worth it.

iluvmen
iluvmen

are you being ironic? the exchange owners can take your shit or just pretend to be hacked

eGremlin
eGremlin

will bitcoin ever have staking?
That's the only reason I will ever hold the bitcoin core wallet open for more than 5 minutes

GoogleCat
GoogleCat

I also think there should be some sort of incentive developed for maintaining a full node.

StrangeWizard
StrangeWizard

download a BITCOIN CORE FULL NODE
But why, lol?

A paper wallet is more than enough. It's already stored in the blockchain.

Stupidasole
Stupidasole

it's not the hackers you have to worry about.
Check what happened to MtGox, or to Vircurex
exchanges rise and fall all the time in crypto world. Keep a backup of your money, send wallet.dat to yourself on an email (encrypt it before you do it obviously, and don't forget the password)

Nojokur
Nojokur

trusting a core fag
ever

Lunatick
Lunatick

so that now you will lose all your money if you lose that hardware?

King_Martha
King_Martha

You will have no problems at all. Thanks to the Core devs the blocksize has been kept at 1MB so people can run nodes. Notice how CIA agents like Gavin Andresen, Roger Ver, want to make the blocksize huge so only corporations can full nodes. They are terrorists against Bitcoin, and this is why the blocksize must be kept as conservative as possible. If pajeet can't pay the fee, then wait for the lightning network.

I would be ok with a 2MB blocksize if we got segwit via softfork and software developed by Core (not the recent "agreement" between corporations at Consensus 2017)

You can also run a UASF node to enforce segwit blocks begining in august 1:

www.uasf.co

lostmypassword
lostmypassword

You summerfags need to understand that the point of crypto is to be your own bank.
to be your own bank.
nooooooooooo

bad goyim bad!

keep your shekels in my bank you stupid goyim!

Firespawn
Firespawn

download a BITCOIN CORE FULL NODE
why?

RumChicken
RumChicken

The reason to run a Bitcoin Core node is that you are helping your own investment by supporting the network and you are having 100% certainity of the transactions being valid, you are having top tier privacy etc.

Of course plebs like you would rather run some shitcoin PoS to stake coins.

Well the good news is, once lightnig network is developed, you will be able to make bitcoin by running a lightning network hub:

youtube.com/watch?v=jUhe7J6-aG0

youtube.com/watch?v=gF_ZQ_eijPs

Stupidasole
Stupidasole

Go to bed, Roger.

Garbage Can Lid
Garbage Can Lid

You can recover your wallet with a phrase just like any other app.

Soft_member
Soft_member

why didn't you sign the agreement fags? do you want bitcoin to die?

SniperWish
SniperWish

and you are having 100% certainity of the transactions being valid, you are having top tier privacy etc.

I will use the wallet when I need to do a transaction, but there is no reason to have it open all the time.
If I can do staking, I will have it open

ZeroReborn
ZeroReborn

btw thanks for those links thou!

cum2soon
cum2soon

how is this better than a flash drive

PackManBrainlure
PackManBrainlure

How does this compare to the ledger nano s?

Nude_Bikergirl
Nude_Bikergirl

What the fuck are you talking about?

Stark_Naked
Stark_Naked

Will Bitcoin ever recover from this crash?

Evil_kitten
Evil_kitten

I just bought my first bitcoins on gemini

are they unsafe there? what do I do. also I browse a lot of unsafe porn sites so my pc may be compromised....

Carnalpleasure
Carnalpleasure

Use a separate PC or a separate operating system then

JunkTop
JunkTop

2mb and segwit is already happening - do you read the news?

cointelegraph.com/news/bitcoin-scaling-consensus-reached-commentary-from-industry-leaders

idontknow
idontknow

yes but it will take few years again

Gigastrength
Gigastrength

kek, fucking listen to yourself.
muh pure and honest core devs saving us from le big bad miners #uasf
2nd layer solutions will fix everything! Just trust us with creating this complex mess so nobody else can ever take our positions
$3 transaction fees are normal and okay

Literally anyone in the first world with a spare $300 can run a 4mb block full node, disk space is cheaper than ever and so is bandwidth unless you're in the sticks

Nude_Bikergirl
Nude_Bikergirl

UASF is going to win brother. #UASF #BIP148

Fuck all the paid shills. We will have SegWit Aug 1st 2017 instead of never. SegWit2MB is never happening. All big blockers can suck it.

Nojokur
Nojokur

Sure is summer here.

This means nothing.

An agreement without the Core devs while people run 95% of Core software is stupid. It was corporate nonsense.

What we need is a softwork segwit SF then a HF to 2MB later.

If the miners don't agree then UASF.

www.uasf.co

Notice how if segwit is deployed by way of hardfork, the covert ASICBOOST scam of Bitmain continues, but softwork segwit kills it.

That "agreement" was Bitmain bribing people so he can keep their scam.

You should listen to this:

youtube.com/watch?v=jz98GHDVKJ4

53:47

Lord_Tryzalot
Lord_Tryzalot

The point of bitcoin is to become wealth don't be dumb Baka desu

TurtleCat
TurtleCat

You are too low IQ for this. The ongoing agenda is to end up with nodes that are so big that they would be run on datacenters.

They can't understand the fact that blocks will ALWAYS be full.

Just watch. Once we go to 2MB, the bitching and moaning from the same autists will ensue.

The ultimate goal is to take away the power of full validating nodes from the people, so bitcoin becomes 100% corporate run.

CIA agent Gavin Andresen is parroting the notion that full nodes "aren't important" along with the usual suspects (Roger Ver and co)

newsbtc.com/2017/05/19/according-gavin-andresen-running-full-bitcoin-node-waste-resources/

Let's also remember how Gavin Andressen wanted a "beneavolent dictator" for their Bitcoin XT powergrab attempt:

coinjournal.net/gavin-andresen-mike-hearn-will-be-the-benevolent-dictator-of-bitcoinxt/

The evolution of the characters changing their narratives after all those years is clear. I don't expect better from summerfags but i've been in the game since 2010.

With the information available in 2017, it's clear that being able to run full nodes is an essential part for a decentralized bitcoin.

If the so called "agreement" happened in an scenario where people couldn't use full nodes, that would be it, you would obey your jew corporate overlords and that's all, because we wouldn't have a say as users.

Garbage Can Lid
Garbage Can Lid

nd layer solutions will fix everything! Just trust us with creating this complex mess so nobody else can ever take our positions

The only way to scale to global levels and enable for cheap fast microtransactions is throught second layer solutions. The stupidity of wanting to run everything on layer 0 is as dumb as disregarding https "because it's more complex".

You have been brainwashed by Roger Ver or under his paycheck.

LN will be this easy to use:

twitter.com/JackMallers/status/857357930777149440

Nojokur
Nojokur

I disagree, what just happened is 4 billion cashed out of the market- but really, into usd wallets of various sorts.

BY TOMORROW NIGHT it will be back at ATH b/c those wallets are going to open the same time another $4bil wave hits and takes us to 3300 and beyond

cum2soon
cum2soon

This is no fucking crash. I was there and saw BTC go from 30 to 1200 to 100, that was a crash.

Thinking in linear terms doesn't work with bitcoin. If we can get segwit soon, the fomo will kick in for real.

Methnerd
Methnerd

Sure is summer here.

This means nothing.

An agreement without the Core devs while people run 95% of Core software is stupid. It was corporate nonsense.

What we need is a softwork segwit SF then a HF to 2MB later.

If the miners don't agree then UASF.

www.uasf.co

Notice how if segwit is deployed by way of hardfork, the covert ASICBOOST scam of Bitmain continues, but softwork segwit kills it.

That "agreement" was Bitmain bribing people so he can keep their scam.

You should listen to this:

youtube.com/watch?v=jz98GHDVKJ4

52:46

King_Martha
King_Martha

that graph is telling me pretty much nothing

Lord_Tryzalot
Lord_Tryzalot

Total market cap is falling

78.6b to 77.7b in last hour

hold me Veeky Forums

Playboyize
Playboyize

the chinks are pulling too

Emberfire
Emberfire

Thats just shitcoins going into btc or cash.

Nojokur
Nojokur

Visit /r/btc too. I visit both subs and to be quite frank find it an incredibly interesting showcase of how well you can propagandize people.

In /r/btc they have one version of reality, in /r/Bitcoin(and the other two forums theymos owns) they have another.

Just remember two things though, and you can't deny them happening after the old core team got replaced by the new:
1. Bitcoin has gotten slower.
2. Bitcoin has gotten higher fees.

This is undeniable no matter how much downplaying you can throw at it by things youve read...

This has also slowed the growth of bitcoin. This too is undeniable unless you want to play stupid. All of this has happened in the name of a "fix" for which the miners got blamed for not implementing.

That's like the executive of a company blaming his users for not accepting his product.

Ok. That's all.

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