Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: ducatitalia on March 27, 2015, 12:14:07 PM



Title: What did you learn about Bitcoin today...?
Post by: ducatitalia on March 27, 2015, 12:14:07 PM
So it's been about 18 months since I first heard about the revelation that is Bitcoin...and the learning curve has been astounding.  The more I think I know, the more I realize just how much more there is to learn!  Perhaps the most exciting thing is that there is so much about Bitcoin and its full potential that the world has yet to discover at all...

Anyway...would be interested to hear when someone learns something, anything really, about Bitcoin.  Doesn't matter if it's a basic how-to, an interesting fact, a new way to spend/procure it, news, lesson learned or some new breakthrough or groundbreaking discovery!  Let's hear it...


Title: Re: What did you learned about Bitcoin today...?
Post by: Amph on March 27, 2015, 12:36:48 PM
i learned more about trading , how encryption really work(i didint' know that you couldn't brute force 128 for example)

and about mining in general(mining brought me on learning some coding, software like ccminer, were i contributed in adding some algo, nothing special but it was fun)


Title: Re: What did you learned about Bitcoin today...?
Post by: Rosskidd on March 27, 2015, 12:46:24 PM
i learned more about trading , how encryption really work(i didint' know that you couldn't brute force 128 for example)

and about mining in general(mining brought me on learning some coding, software like ccminer, were i contributed in adding some algo, nothing special but it was fun)
Why can't you bruteforce it? you possibly could it would just take a very long time just like most other encryption


Title: Re: What did you learned about Bitcoin today...?
Post by: ducatitalia on March 27, 2015, 12:47:20 PM
i learned more about trading , how encryption really work(i didint' know that you couldn't brute force 128 for example)

and about mining in general(mining brought me on learning some coding, software like ccminer, were i contributed in adding some algo, nothing special but it was fun)

Amazing how many people get turned on to coding and encryption through Bitcoin.  I've spent much time studying elliptic curve cryptography solely because of Bitcoin!


Title: Re: What did you learned about Bitcoin today...?
Post by: Minerjoe on March 27, 2015, 06:55:49 PM
I read a lot about investment funds interested in BTC. It s really time for BTC to start being invested in and then traded on some serious securities exchange. All in all, it s a commodity, like goal, oil, etc.


Title: Re: What did you learned about Bitcoin today...?
Post by: redsn0w on March 27, 2015, 07:02:12 PM
I have learned a lot of things about political, economy, anarchism, capitalism, freedom, humanity and mathematic. The most important thing is that I have "gained" a lot of new friends and I am happy to have discovered bitcoin (and I hope that one day I can convince my Dad to start think about Bitcoin).


Title: Re: What did you learned about Bitcoin today...?
Post by: Q7 on March 27, 2015, 07:44:30 PM
I have been studying the trend and movement of crypto in relation to each other. And there's a lot of potential to earn based on trading the coins. I see traders taking advantage of the delay on updating the change when there is heavy movement going on.


Title: Re: What did you learned about Bitcoin today...?
Post by: Amph on March 27, 2015, 08:01:20 PM
i learned more about trading , how encryption really work(i didint' know that you couldn't brute force 128 for example)

and about mining in general(mining brought me on learning some coding, software like ccminer, were i contributed in adding some algo, nothing special but it was fun)
Why can't you bruteforce it? you possibly could it would just take a very long time just like most other encryption
yeah i know, but it would so much time that it is not worth it you know...and bruteforcing something isn't free at all, you need tons of power to brute force 128 bit key(somethink like the entire power of all the pc of the world combined)


Title: Re: What did you learned about Bitcoin today...?
Post by: ikydesu on March 27, 2015, 08:08:38 PM
Just learn about bitcoin trading, bitcoin investment, and how to be a merchant which accept bitcoin as payment(my recent plan). I also learn from some podcast related about bitcoin project. I still must learn much about bitcoin trend.


~iki


Title: Re: What did you learn about Bitcoin today...?
Post by: ducatitalia on March 28, 2015, 06:59:45 PM
Amazing how many people are learning about and focusing on trading...are people really making money day-trading BTC...?


Title: Re: What did you learn about Bitcoin today...?
Post by: EternalWingsofGod on March 28, 2015, 08:44:18 PM
I learnt that multi-sig is only one solution to increased security and think Threshold signatures is the way to go
Still a bit too new but it's sort of like multi-sig only a bit more user friendly (section 4 of paper)
Princeton/Stanford/York whitepaper on Threshold Signatures
http://www.cs.princeton.edu/~stevenag/threshold_sigs.pdf


Title: Re: What did you learn about Bitcoin today...?
Post by: El Emperador on March 28, 2015, 08:55:53 PM
I've learned that it's very much better to bet on directbet than to waste money in ICOs or trading in general... even if you lose money, at least you feed a honest company and not scammers  :)


Title: Re: What did you learn about Bitcoin today...?
Post by: dhimasnk on March 28, 2015, 10:17:35 PM
I learned a lot of bitcoin. With bitcoin, I know the investment and how to invest, learn to analyze price movements, and I also learned how to earn money from bitcoin.


Title: Re: What did you learn about Bitcoin today...?
Post by: randy8777 on March 28, 2015, 11:15:11 PM
last few days i am reading about how powerful the blockchain is. most people know bitcoin as coin but don't know much about the blockchain.


Title: Re: What did you learn about Bitcoin today...?
Post by: BillyBobZorton on March 29, 2015, 12:00:55 AM
I've learned that if you pay a fee of 0.000 you risk that your transaction may be stuck indefinitely in the blockchain trying to get confirmed. Scary :s


Title: Re: What did you learn about Bitcoin today...?
Post by: GreenStox on March 29, 2015, 04:19:44 AM
I learned that government are now overarching and their powergrab is now more and more.

The new taxes, regulations over EU , UK and USA, are now speeding up.

And also a few positive news like the relation between the NASDAQ and Bitcoin improved, and a few misc news.

In general i got more optimistic about bitcoin.


Title: Re: What did you learn about Bitcoin today...?
Post by: MicroGuy on March 29, 2015, 04:39:29 AM
Anyway...would be interested to hear when someone learns something, anything really, about Bitcoin.  Doesn't matter if it's a basic how-to, an interesting fact, a new way to spend/procure it, news, lesson learned or some new breakthrough or groundbreaking discovery!  Let's hear it...

I learned that tomorrow 2/3 of all Bitcoins that will ever exist will have been mined.


Title: Re: What did you learn about Bitcoin today...?
Post by: Jamie_Boulder on March 29, 2015, 06:05:34 AM
Almost any new knowledge I gain about bitcoin comes from Coindesk these days, so most recently for me is the news about bit2me cancelling their fees to stay competitive.

Edit: I also just learned a bunch of things by reading the comments on this thread lol (e.g. the 2/3 bitcoins mined as mentioned above).


Title: Re: What did you learn about Bitcoin today...?
Post by: ducatitalia on March 29, 2015, 12:51:57 PM
Anyway...would be interested to hear when someone learns something, anything really, about Bitcoin.  Doesn't matter if it's a basic how-to, an interesting fact, a new way to spend/procure it, news, lesson learned or some new breakthrough or groundbreaking discovery!  Let's hear it...

I learned that tomorrow 2/3 of all Bitcoins that will ever exist will have been mined.

Really...this is amazing.   The projections are out there,  but still incredible how fast things are moving.

I learned that Wall Street is starting to go "nuts"  over Bitcoin...and that the more aggravated the haters get, seems to indicate that more progress is being made by the Bitcoin ecosystem...

http://www.coindesk.com/bitcoin-in-the-headlines-wall-street-nuts/


Title: Re: What did you learn about Bitcoin today...?
Post by: El_Wookie on March 29, 2015, 02:24:18 PM
I learned about the unlimited things you can with it. Now i just wish i knew computer stuff better. :(


Title: Re: What did you learned about Bitcoin today...?
Post by: dothebeats on March 29, 2015, 02:56:06 PM
i learned more about trading , how encryption really work(i didint' know that you couldn't brute force 128 for example)

and about mining in general(mining brought me on learning some coding, software like ccminer, were i contributed in adding some algo, nothing special but it was fun)

Amazing how many people get turned on to coding and encryption through Bitcoin.  I've spent much time studying elliptic curve cryptography solely because of Bitcoin!

Cracking ECC means cracking all the possible privkeys for bitcoin address, right? I've read a thread on the Services section about ECC and trying to (I don't know if this is the correct term) "solve" something out of it. I'm not a math geek nor I know anything about those jargon so I simply read those thread and didn't reply anything to it. As the thread progresses, someone pointed out that cracking ECC means cracking the privkey of any bitcoin address available, though it requires a huge amount of computing power to achieve. Iirc, the name of the user who posted that topic is Evil-Knievel, and his threads are always related to maths. If there is a subscribe option here in bitcointalk, I would definitely be his number 1 subscriber.


Title: Re: What did you learned about Bitcoin today...?
Post by: jonald_fyookball on March 29, 2015, 10:25:10 PM

Cracking ECC means cracking all the possible privkeys for bitcoin address, right?

Sort of...But it would only apply the addresses that have their public keys known (the ones that sent funds before)


Title: Re: What did you learn about Bitcoin today...?
Post by: GreenStox on March 29, 2015, 10:59:12 PM
Today I learned that less is more.

And that you can only gain bitcoins if you work very very hard, anything less will not get you very far in the bitcoin world. Its very compatitive.


Title: Re: What did you learned about Bitcoin today...?
Post by: EternalWingsofGod on March 30, 2015, 09:00:19 AM

Cracking ECC means cracking all the possible privkeys for bitcoin address, right?

Sort of...But it would only apply the addresses that have their public keys known (the ones that sent funds before)

Yep well to to my memory its when you can use previous transactions to break the private key
It happened a while back when blockchain did something stupid and made a weak R signature luckily someone was scanning the blockchain for such a weakness and saved most of those coins.


Title: Re: What did you learn about Bitcoin today...?
Post by: memai on March 30, 2015, 09:44:42 AM
Hi everyone,

I really apologize if my question is not right here ! Because I am newbie about Crypto
What is the difference between SHA-256 and X13, X15,...?
And and I also have some questions . I see too many coin today . It's easy to create an coin ?
if so, Nakamoto really is brilliant because anyone can do as he

Thank you very much !


Title: Re: What did you learn about Bitcoin today...?
Post by: ducatitalia on March 31, 2015, 11:39:49 PM
Today I learned that Bitcoin can corrupt just about anyone:

http://www.usatoday.com/story/news/2015/03/30/federal-agents-charged-with-stealing-bitcoin-from-silk-road-case/70672058/


Title: Re: What did you learn about Bitcoin today...?
Post by: notalin on April 01, 2015, 04:20:35 AM
I want to learn about how to earn Bitcoin quickly by my efforts  without gamebling or ponzi,...


Title: Re: What did you learn about Bitcoin today...?
Post by: planetroving on April 01, 2015, 04:54:30 AM
I learned that Lamborghini was the first ever car company to accept Bitcoin in exchange for cars. And also, the largest (I believe) Bitcoin transaction, which saw 194,993.50000004 BTC move. Link to that transaction is here: https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204

Just something I'd thought would be interesting.


Title: Re: What did you learn about Bitcoin today...?
Post by: notalin on April 01, 2015, 05:07:18 AM
I learned how to earn Bitcoin and how to keep safe for bitcoin wallet


Title: Re: What did you learn about Bitcoin today...?
Post by: vankoovo on April 01, 2015, 05:08:46 AM
Everything I can learn. How to set up Bitcoin mining and how to earn from it


Title: Re: What did you learn about Bitcoin today...?
Post by: Kprawn on April 01, 2015, 05:59:15 AM
I learned to swim with the big fish in https://1broker.com/?c=faq

I learned what CFD's are and how you can go long and short on these derivatives, with very small investments.

It's something to consider, if you do not have a lot of BTC and you want to trade.  ;)


Title: Re: What did you learn about Bitcoin today...?
Post by: QuestionAuthority on April 01, 2015, 06:04:43 AM
I learned that you can get 5 years in prison for trading on localbitcoins.


Title: Re: What did you learn about Bitcoin today...?
Post by: p.nusia on April 01, 2015, 02:32:12 PM
I` ve learned how to keep your wallet safe and a few more things about mining


Title: Re: What did you learn about Bitcoin today...?
Post by: GreenStox on April 02, 2015, 01:12:59 AM
I learned that the economy is is worse and worse shape every day goes by, so I`ll buy bitcoins very soon because it might go to the moon very soon :)