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Perhaps they exist; I'm just not bitcoin of them. Due to the misleading and WP: Looks like some information that the article might benefit by [7] making use of. Get the latest Bitcoin price here. Start your day right with the latest news driving global markets, from major stock movers and key economic headlines to important events on bitcoin calendar.
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If you do not like it rewrite it. For completeness, these are the sources deleted by the "Last neutral edit": Fees are based on the storage size of the transaction generated, which in turn is dependent on the number of inputs used to create the transaction. Because the value of Bitcoin fluctuates tremendously, each purchase will undergo a capital gains treatment. But it does not happen because one or two editors merely assert something is not a reliable source. It appears as propaganda in the article to be '"decentralized"'. The claim is dubious, and it is, most likely, a result of a misinterpretation.
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Although the Bitcoin currency bitcoin a lot, there are alternatives methods to change the Bitcoin currency into dollars. The converted figures will be: Shall this version of the "Transaction fees" section be restored? The article is lacking a lot of critical bitcoin on this subject of energy and pollution and the negative economic aspects of environmental damage done by bitcoin miners. The claim is dubious, and it is, most likely, a result of a misinterpretation.
Bitcoin SegWit2X hard fork Scheduled on December 28
On August 1, the backward-incompatible hard fork of Bitcoin occurred. The hard fork resulted in an altcoin with 8-MB blocks and no SegWit implementation. On October 24, another hard fork of Bitcoin network took place. The backward-incompatible hard fork resulted in an altcoin with an altered, ASIC-resistant mining algorithm known as Equihash. The altcoin was named Bitcoin Gold. Now, on December 28, the backward-incompatible SegWit2x hardfork is scheduled to occur.
Similar to Bitcoin BTC , the hard fork scheduled later this month will result in the creation of 21 million B2X coins. The coin has double spending protection. Recalculation of complexity will be performed after each block. The extraction rate of block is 2. The Bitcoin SegWit2X will also have a unique address format. Next year, the developers have planned to bring out offline codes, support for Lightning Network and instant transactions. Additionally, smart contracts, anonymous transaction, and privacy protection zk-SNARK implementation facility is also being planned.
The developers have also planned to introduce an X11 encryption algorithm. Latest Bitcoin News Bitcoin. It seems the article would be improved with more of these mining approaches and techniques at least mentioned in the Mining section.
Does not appear to have anything to do with the concept. Wikipedia is obviously not a reputable good source and for sure not reliable. Why is it called a decentrally sourced thing?
There is no accurate sourcing to this. It is simply b. The subject seems about as central as central gets. It is super black and white. It appears as propaganda in the article to be '"decentralized"'. Has anyone challenged this rather weird classification? In fact, the majority of users must support Bitcoin decisions by voting with their computing power.
It appears that calling it decentralized currency is playing into the public relations aspects of promotion [1] It appears to just not be true that it is decentralized so the article can reflect that. The claim is dubious, and it is, most likely, a result of a misinterpretation. It is much more likely that the bitcoin is converted by payment processors to US dollars in a bank account.
I think perhaps you are not a neutral editor and wish bitcoin to be embraced and made out to be something it is not. Nothing else explains the extreme negative reaction to reasonable accurate sourcing, except perhaps you do not understand English or phrasing in English or what a copy vio is. It was you, Earl King , who deleted the sourced information that transaction fees are based on transaction size.
The deletion still needs to be reverted. This deletion was justified by the editor as the "Last neutral edit. For completeness, these are the sources deleted by the "Last neutral edit": Note that the deleted information on transaction fees is directly related to the subject of the section, which is "Transaction fees", and the deleted forecast of bitcoin value is directly related to the subject of the section, which is "Value forecasts". Note also that the deleted "citation needed" tag was not added as unconstructive, and that it was meant to just signal where an additional source to confirm the claim was needed, and why.
A third opinion has been requested. In view of the fact that the questioned edit was made in early September and there has been a great deal of editing since then, including an issue about copyvio, the Third Opinion request appears to be stale.
I am leaving it up, but am suggesting that the parties revisit it more currently. Robert McClenon talk On the general question see Talk page section above, on mining practices, for where this got started, in a question put to me by User: V source be used as a reliable source?
In general, yes, it can. I believe their are two exceptions:. I'm not aware of any of the general magazines that cover the so-called cryptocoin or cryptocurrency industry being on one of those lists.
In other words, despite one editor's insistence, I'm not aware of articles that have disqualified by consensus CoinDesk, nor Bitcoin Magazine. Perhaps they exist; I'm just not aware of them.
Industry trade rags , are not in general, or by default, considered self-published sources like some twitter posts, some blog posts, some medium posts, etc. Work can certainly be done to build such a consensus on any particular source. But it does not happen because one or two editors merely assert something is not a reliable source. RS and is not on the Wikipedia meta-blacklist. The second paragraph of the section looks as a copy of the material from this article. As far as I can tell, this is the edit that started the infringement: No its not a copy vio.
There is a very basic problem here. If you do not like it rewrite it. Removing information for some excuse in this is manipulating the article into its former sweetness and light aspects of presenting bitcoin as gods gift to the world of right wing libertarians and conspiracy advocates and prophets of doom.
In other words bitcoin should be presented from all sides including the fact that processing these transfers is creating a huge amount of pollution and this is a reported fact now. Is there actually some reason that one or two desperate presenters of bitcoin evangelism have called copy vio in such a current flurry?
The article is lacking a lot of critical reporting on this subject of energy and pollution and the negative economic aspects of environmental damage done by bitcoin miners. Looks like some information that the article might benefit by [7] making use of. Some of it is unflattering like the banks charging high fee's and delaying bitcoin acquisition for customers. In general the ticket machines in Switzerland seem significant.
Maybe around the so called misnomer ATM section. A different approach detects when a bitcoin address A type of Mac malware active in August One virus, spread through the Pony botnet The section is violating the WP: It does not present the actual fact and majority opinion at all. Also, the name of the section is misleading, since the currency aspect is not discussed.
My opinion is that the self-published source should be deleted. The edits [8] and [9] replaced the wording:. Bitcoins are created as a reward in a competition in which users offer their computing power to verify and record bitcoin transactions into the blockchain. This activity is referred to as mining and successful miners are rewarded with transaction fees and newly created bitcoins.
Due to the misleading and WP: OR nature of the edits, the edits shall be reverted to the original wording supported by the cited source.
Bitcoin is unlikely to fall under the definition of securities because securities are "any note, stock, … transferable share, [or] investment contract. However, there is also an increasing number of people treating Bitcoins as investment opportunities. However, the SEC has shown flexibility in that regard: A IRS ruling requires digital currencies, including Bitcoin, to be taxed the same way as traditional currency.
Because the value of Bitcoin fluctuates tremendously, each purchase will undergo a capital gains treatment. This taxation method puts the investors and consumers in opposition and might harm the longevity of Bitcoin.
When people choose to use Bitcoin to engage in illegal activities, Bitcoin's traits make it difficult to monitor tax reporting and compliance issues.
Since the taxation policies are set, the question now is whether people are properly reporting gains in a Bitcoin transaction. There are a few advantages to adapting bitcoin. First, there is an additional stream of customers for the merchants [22].
Second, the Bitcoin system will allow merchants to eliminate transaction fees and will, for the most cases, only cost merchants a monthly flat rate once installed[23], or a smaller transaction fee per transaction. Although the Bitcoin currency fluctuates a lot, there are alternatives methods to change the Bitcoin currency into dollars.
Bitpay is a company that specializes in this area.