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Posts posted by JamesYellen


    Thanks. I have no idea what the confirms are but will give it a day.


    Sent from my LG-H815 using Tapatalk


    Put your bitcoin address in this link:








    Then scroll down and find your transaction example:




    Then click on that link and you will see the status of the transaction.



  2. How long does it take for the ATB to reflect in your account? I sent some BTC from Luno 5 hours ago and its still pending.


    Sent from my LG-H815 using Tapatalk


    Is the payment on luno's side pending or on ATB?


    I have noticed lately that payments I do on luno takes hours.


    See if there is an option on luno to cancel your order, if there is then it means its pending on Luno's side.

  3. BitcoinZar had a good explanation about that here:




    When you do a price check on Google, it simply takes the USD price, and then does a conversion on what that would be in Rand based on the current USD/ZAR exchange rate. 


    Google is not going to any S.A. exchanges to look for the buy / sell prices or latest trade price.


    The bitcoin exchanges in S.A. dont price bitcoin on what the USD price is in Rand, it is based on supply and demand, like any market. So if there is very high demand for bitcoin locally, then the price will go up as traders will increase their prices.


    Doing a Google search for the price is a little misleading, kind of like when you do a Google conversion for USD to Rand, and then expect to get that rate at a bank when you exchange your USD, which wont happen.

  4. I see windows limits you to 8 GPUs. They are showing off the board at Computex 2017 now and only managed to get 8 cards running using windows.











    Seems representatives at Computex 2017 are saying that ASRoch is working with AMD to work on a fix with a special driver that will be released in June, there is no news on Nvidia drivers yet.

  5. With the huge popularity of cryptocurrency mining (such as Bitcoin, Ethereum and Litecoin), ASRock is launching a new motherboard with an incredible 13 PCIe slots.  Meet the ASRock H110 Pro BTC+






    I wonder if windows will be able to handle 13 cards? With a M.2 port, so potentially 14 cards. Knowing the existing windows drivers will this actually run 13 GPUs without some kind of custom OS and drivers?

  6. I see the bitcoin price is taking a bit of a dive.


    Sent from my SM-G950F using Tapatalk


    When everyone is buying, then you should sell. 


    Bitcoin will pull back a bit more I have no doubt, but I will continue to buy. Long term, it is the future.


    wow nice!


    noob question - but is via a local exchange the only "easy" way to buy BTC without the major exchange rate discrepancy?


    currently Luno reports R33590 per BTC  ($2,543) while coindesk reports $2,247.  thats a 13% knock .



    has anybody crunched the numbers to see if there isn't a cheaper way to buy BTC? :(


    Here's a link explaining why the price differs so much https://platinumwealth.co.za/forum/Thread-The-Bitcoin-thread?pid=3673#pid3673

  8. I found a forum that seem to be clued up on the blockchain. A topic was started by me on this. https://bitcointalk.org/index.php?topic=1926096.msg19111936#msg19111936

    It seems that there is no totals checked on the blockchain. What was interesting was the mechanism of creating the miners fee in the block.

    It is a struggle for me to understand new things. ;)


    Yea that pretty much echoes what Ranger explained.


    To add to that since I saw you asked about counterfeit bitcoins. There is no such thing as a "bitcoin" that can be copied. Rather, there is a list of all the transactions that have taken place on the bitcoin network and the order they have taken place. Every client has a copy of this list or theoretically have access to this list if they're a thin client...


    Essentially, the only way to counterfeit bitcoins would be to spend them in more than one place. This is called a double-spend attack. However, because of the design of the bitcoin blockchain (the list of all the transactions) and the way that list is secured by mining, this requires a tremendous amount of computer power. You can read about this here: Double_spending



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