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Exactly!
I am starting to wonder what kind of game this was or is...satoshi is such a humble, secretive and noble man since he hasn't spent any coins and he gave us this new form of currency, ya sure.
So far he and a handful at best of others have not really given the currency freedom to make significant impact, why, time will tell the real plan. And no social media hype, news and a few dollars in the pockets of a few is not significant impact.
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franky1, it would appear if what you say is right (more mid to upper range accounts belong to people holding multiple accounts to cut up large accounts) that would actually make it worse.
Those numbers don't look good at first sight or cut up the way you mention either.
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And how is it different from any other currency?
You answered all your questions you had of me yourself with this last question. Welcome to no advancement apart from gov/central control, for now. This is not about control, it's about distribution of wealth. The fact is the coin as of now has done good for who exactly,...
For everyone, that obviously includes drug dealers, mobs, money laundering etc. I personally never bought or sold any drugs with bitcoins, I never laundered any money, yet it has done good for me. I don't doubt is has done good for some people (people have made a few bucks, sure) outside the shady world but when you want it to have a global impact and in the same breath say that is what it will or has done all while stating it has nothing to do with control and if centralization or not...shows you do not understand. I am sorry you just do not understand what I am trying to say, you cannot have another version of fiat and expect a change, period. Right now bitcoin offers a handful of advancements and differences, payment method, no government control, tax evasion op., investment and so on but you cannot over look what will ultimately strangle growth. As you stated based on that chart it is no different then any currency in the grand scheme of things. No one can look at that chart and say, oh good! |
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And how is it different from any other currency?
You answered all your questions you had of me yourself with this last question. Welcome to no advancement apart from gov/central control, for now. The fact is the coin as of now has done good for who exactly, drug dealers, mobs, money laundering etc...I mean real impacts, real change, who tell me who if not these people for the most part. Has it made a XX,XXX people a few bucks, sure, is it worth investing in more, absolutely, good investment when you look around. But do not think I kid mysef to believe this will in any way ever end differently then fiat. Now that I have seen that chart my heart sank. If anything it may be the same fiat rulers who hold those coins, one more big money game to screw the average guy, make more money themselves and cement paper as real money...again, sad. |
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Based on this photo I would place you in the young adult male plus age group.
Such insight, his name is Mike  I like the clock, would like it even better if it was metal, machined or engraved. Shhhh I have a new show on TLC coming out lol |
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Based on this photo I would place you in the young adult male plus age group. Why, enough time and desire to build that clock, like the GodFather you wear Nike socks, leaves open cans of coke on a glass table and no coaster... however I imagine you have or had a lady in your life based on the lite scented pink candle and fancy lamp shade. That or your mom loves you a lot  |
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There is one reality that cannot be escaped no matter how much I like the idea of a crypto currency.
Gold is physical, can be held in hand, has always been worth something and people happily exchange it for the things we need to survive. In the event of a SHTF scenario, it is a real insurance policy.
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Thanks guys, getting started and there is no shame in asking ideas on any topic. Anyone or group who thinks they know it all or have nothing more to learn is the one I wouldn't trust  |
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Wow, very sad news. Essentially this is one big game for a very small group statistically speaking and likely much less considering the multiple account holding.
Meaning it is more likely a big game for XX,XXX or even X,XXX people world wide and no more.
Essentially this could be devastating.
And I have to disagree with the redistributing via commerce, sorry but when you have the next largest group with $60-$600 worth on average and only a couple hundred thousand people , SO WHAT! That is 3% of the lions share, you do not help spread wealth with 3%.
Truth is if I saw this graph before hearing anymore about bitcoin to start I would laugh at the idea of a revolution with such an idea. This as far as I can see is an elite scheme now or a matter of pumping before dumping to the masses, the one's who usually are left holding the bag (taxes).
It also explains why we haven't heard hundreds and thousands of average Joe's complain about MTGOX, they likely do not exist in any number worth mentioning or lost much of anything worth complaining about.
If you steal from large holders you get large problems, when you steal $$$-$$$$ from thousands of individuals, you get a slap, watch.
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What would be on your list for starting a new forum and exchange for a crypto coin...like software, security etc?
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Ahhhh that's great I guess but in the event a business is using the same address over and over and wants to move the BTC as to not tempt anyone seeing that address activity.Am I correct in assuming pushing the BTC into another address within the same blockchain wallet is private? In the sense a blockchain search will not reveal the receiving address.
no, all transactions are publicly logged forever, the fact that you're moving the funds too and from an address you control makes no difference. if you don't want anyone seeing your previous transactions, all you can do is use a new address every time you want to receive funds. Ok, thank you, so I guess pubic or not, it`s public lol |
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All transactions are permanently stored in the blockchain.
A blockchain explorer in blockchain.info
Everyone can see the transaction of every public address
Ok interesting point and perhaps the word public. So what you are saying is if I put a public address in search I can see every transaction including the addresses the bitcoin went to, correct. Secondly you say public, when opening the wallet at blockchain and address(es) a box popped up and asked if I wanted it to be public. I did not check that box off, was that a good idea, is this the public you speak of. |
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Ahhhh that's great I guess but in the event a business is using the same address over and over and wants to move the BTC as to not tempt anyone seeing that address activity.Am I correct in assuming pushing the BTC into another address within the same blockchain wallet is private? In the sense a blockchain search will not reveal the receiving address.
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New to using Blockchain wallet and have a question.
After opening the wallet I discovered I can add multiple BTC address to receive funds.
Here are my questions...
I imagine I can push or send funds between addresses with the account?
Is this a good way to keep the public address(es) safe by showing no BTC or very little?
Lastly is anyone able to see I pushed/sent BTC between the addresses because if so it defeats the purpose, no?
If I get BTC at one address and push it to another for security yet someone enters the first address into the search and see's what address it went to, why bother!
Thank you
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Sounds to me like more and more a central bank isn't such a bad idea when I read what people discover they actually want...
I disagree with it of course but realize I give things up to break from bankers. Bitcoin becomes not a revolutionary moment but rather a banker controlled investment like anything else.
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I hear you and understand your position very well.
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Everything is open to negotiate Just don't hurt my feelings lol |
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