If it catches a bubble. I do not hold Bitcoins for ever hoping that one day I will be very rich. Instead I sell when there is a bubble and buy back later.
I still have a personal target of 10,000 to sell everything.
I don't know, your strategy sounds like you want to get rich from Bitcoin. |
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People who complain about confirmation times either don't use Bitcoin at all, or use it exclusively in exchanges (who do need the confirmation because the risk of someone trying to cheat the system is higher). Real purchasers made with Bitcoin are accepted with 0 confirmations with no problem.
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I'd love to know how you make a movie that will inevitably be set almost entirely on the internet (or dark web in the case of SR). Has any movies like this already been made? Can't imagine some geek sat at his computer clicking on a keyboard will be very exciting.
You could argue that The Social Network is largely Internet-based, but it has non-Internet stuff happening as well. It's just a matter of what you focus on. That was more looking at the drama of the beginnings. Most of it didn't actually concern the website but all the trouble surrounding it. That's kind of my point. A movie about the technical features of Bitcoin would be rather boring and short, or it might become a lecture. If you want a movie that attracts the masses, you need a story. |
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I'd love to know how you make a movie that will inevitably be set almost entirely on the internet (or dark web in the case of SR). Has any movies like this already been made? Can't imagine some geek sat at his computer clicking on a keyboard will be very exciting.
You could argue that The Social Network is largely Internet-based, but it has non-Internet stuff happening as well. It's just a matter of what you focus on. |
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I would actually propose LESS text formatting, since all that colors and lines only add noise to the posts.
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That would only be embarrassing if my family or my boss found out, but the government? I couldn't care less if they find out I masturbate every night.
At the risk of stating the obvious, if you're getting paid in Bitcoin, your boss knows your Bitcoin addresses, and hence will find out. Companies monitor what their employees post on social media; do you think they won't monitor Bitcoin transactions too? How can they know I spent money in le sexy stuff if the shop, properly, generates a new address for every sale? Is the effort to analyze all the blockchain and the relations between the addresses and other businesses worth discovering an employee's sex habits? |
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No, I am not use such service. I am not doing anything illegal, then why I use that?
Doesn't have to be illegal to be private. Some folks are embarrassed about things like buying a dirty magazine and a tube of hand lotion. That would only be embarrassing if my family or my boss found out, but the government? I couldn't care less if they find out I masturbate every night. |
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Uploading from URL is more complex and can potentially bring new vulnerabilities.
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Just accept the fact that every coin is a scam.
Fiat is a scam, cryptocoins are a scam, so what's next? Ditching money altogether? |
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That's wrong. Satoshi made a clear statement where he expected big farms to do both the mining and having full nodes as Bitcoin started to grow. This whole “CPU mining” stuff was only at the very beginning, and clearly impractical for the worldwide network Bitcoin aims to be.
And where is Satoshi at today.......... Oh thats right he left I wonder why? I also wonder why. But that's tangential to the discussion. You said it was not considered by the core devs, which is a lie. Get your facts straight, first of all. |
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Yes POS is the Future of all mining.
Bitcoin was the first of its kind, and most of its protocol was based on things that are no loner a factor of the equation. The founders did not factor in for GPU Mining much less ASICS, and this is right now the downfall of Bitcoin. Large farms are manipulating the bitcoin network, whether people want to admit it or not. the original design was based on basic computer computational power and did not factor in the use of much faster machines like ASICS. the 2016 block difficulty re-target is killing bitcoin right now, 35 minute to 2 hour confirms, this is because the network is being manipulated. I mean look at the difficulty compared to reward right now, not lets move into the future a bit, and think where will that difficulty be when the block reward is 3 BTC per block found? how many machines will you need to successfully mine 3 whole BTC. with the continual downward movement in price this does not look so good for bitcoins future.
That's wrong. Satoshi made a clear statement where he expected big farms to do both the mining and having full nodes as Bitcoin started to grow. This whole “CPU mining” stuff was only at the very beginning, and clearly impractical for the worldwide network Bitcoin aims to be. |
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The hype for bitcoin was high during 2013-2014. It has slowed down but will pick up. I have a great innovation and it will be something that you should prepare for. I do believe bitcoin will be top 10 of the cryptocurrencies but not the top 1 in a few years or even a decade.
Why not top 1? |
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it looks neat and very clean, but personally i would utilize the whole space you have for your site, i'm talking about the both sides, which are empty
I disagree. Good design also means knowing where to leave empty spaces. |
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While you can say that Mt. Gox was a scam, I fail to understand how it was a Ponzi. Mt. Gox didn't promise a return from an investment.
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The other option would be to change the block time to 2 minutes.
I'm not sure why that wasn't discussed more.
Because that will cause more frequent orphan blocks. It has been said in this kind of threads before. what about dynamic block size increase or lightining network? they seems a better proposal(they aren't the same thign right?), but i'm not an expert here I haven't heard about the lightning network before. The dynamic block size seems vulnerable to manipulation, just as if there was no limit at all. |
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You used a false analogy.
I pointed it out.
So you copy and paste a definition of analogy?
You never pointed out it was a false analogy. And, if you did, you need to say WHY it is a false analogy. |
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and most people would agree that if an agency, it's employees, repeatedly push crypto that they have broken, then they are discredited.
This thread is proof that no, they don't agree. Yes, the earth revolves around the sun. That has nothing to do with this issue. It's like saying "1+1=2 therefore we were justified in invading Iraq".
http://en.wikipedia.org/wiki/AnalogyAnalogy (from Greek ἀναλογία, analogia, "proportion") is a cognitive process of transferring information or meaning from a particular subject (the analogue or source) to another particular subject (the target), or a linguistic expression corresponding to such a process.
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The other option would be to change the block time to 2 minutes.
I'm not sure why that wasn't discussed more.
Because that will cause more frequent orphan blocks. It has been said in this kind of threads before. |
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So The Register writes an article about an article from the Financial Times.
One of the opening lines from the FT is "All we do know is that the company, headed by Matthew Pauker, has raised more than $116m worth of venture funding"
There are no facts, no quotes from anyone from 21 or anyone who has a bleeding clue.
Their guesswork sounds like a pretty dumb idea. It's worth calling it a dumb idea if the people they're guessing about actually confirm it.
Exactly. Everyone in this thread (and the other recent one) is arguing over a Financial Times writer's speculation about what 21 Inc. might do, based on almost no evidence. That writer just happened to phrase her speculation in such a self-assured way that a writer for The Register thought she was actually reporting facts. Here's how it happened. This in the Financial Times: All we do know is that the company, headed by Matthew Pauker, has raised more than $116m worth of venture funding Became this in The Register: But the Financial Times tells us that that is not the plan. And this was published on April 30, not 1.
The core business plan it turns out will be embedding ASIC bitcoin mining chips into everyday devices like USB battery chargers, routers, printers, gaming consoles, set-top boxes and — the piece de resistance — chipsets to be used by Internet of Stuff devices. And now people think it's a fact. It's simply a reporter's idle speculation reported as fact by another reporter. It may be an interesting idea, but it has nothing to do with any released plan by 21 Inc. So, the “ASICs for everyone” idea came from the The Register author? How did they come up with it, anyway? |
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This becomes ridiculous. To discredit an algorithm it is enough to say that the authority behind it is discredited.
This is the most literal example of an ad hominem fallacy. Basic common sense does not need an article.
Actually, yes it does. If you just believe in your common sense, you're going to be wrong. Common sense tells us that the Sun revolves around the Earth. Only through scientific observation we were able to determine that it's the other way round. |
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