Hmm the biggest loss I can remember is only a third of a whole bitcoin, not much compared to those who were left nothing by the Mt. Gox fiasco. Also the biggest losses I could think of would obviously come from gamblers who are addicted to that thing.

That is unlikely to happen because in theory, as the supply diminishes, the value rises. Same with bitcoin, if the price rise by some % in the next halving, chances are miners would still continue on mining with their machines. If the negative happens, some miners who cannot gain profit on mining will simply turn off their miners so as to prevent losses.

Agreed. In the PoW system of mining, with higher hashing power and better hardware, the difficulty will just increase resulting to an even more harder mining for slower and inefficient miners. What bothers me is not the development of faster, more powerful, and more efficient mining chips to mine bitcoins, but the things that might actually "break" bitcoins security via brute-force (which I know wouldn't be available anytime sooner, but come on, technology is rapidly evolving every single day.)

Bitcoin transactions are still instant, confirmation times aren't. Also, I'll ask you a question: where can you find a money transfer service that offers you to pay for less than a dollar to get your transaction in place and be sent to a place that is thousands of miles away from your location? I think there is none.

I remember the time when they're hyping for Josh Wise for the dogecar. It was fun and it caused a lot of attention from the masses.

Voted for the fourth time. Come on guys! Use your 3 secs. to click the vote button!

Loan request: 0.1 bitcoins
Loan term: 1 week (or 30th of July)
Interest rate: 10%
Bitcoin address receiving the loan: 3NWpoKU2vz5PEtJybb2KwMJYYt6PDS76CG

Bitcoin address used to sign this message: 1HNFHfyZ2a1jYju6wJ6mpeae7mVo5qwVeJ
Collateral: This bitcointalk account.

Signature:

H7ZfaDmvRnMcLj2QWwDydvBwTwTochGIlmdvwyrttSs4RV+TWAjnLfNx/jz9PrUjHD2ahtzkK+2KnkWscQb6cDM=

Only got 38 out of 51 answers. The Merkle tree confused me quite a bit and other technical details about bitcoin. Seems like I'm not that knowledgeable enough on bitcoin to know those technical things.

The request will be fulfilled by Magic8Ball, so I guess I need to lock this thread now. Anyway, thanks for offering your help on this matter. Locking the thread now.

That is the norms of this society nowadays. Sadly, as a man grow richer and richer, the gap between himself and the poor is widening. I've always wondered why people who have less tends to give more, and the people who have more tends to give less, when theoretically, the people who have more should give more simply because they have the resources to give.

Usually around 100kb to 2mb, depends on the number of transactions made by the whole wallet. But if you're asking for the whole blockchain, that is almost 40gb as of this moment.

Escrow is widely-welcomed by me. If you can offer one, that's fine. Will you accept my offer or not? Because I am ready to fulfill the terms now.

I voted for buying bitcoins because obviously that is the easiest method there is in acquiring bitcoin. You just buy from a local exchange/another user then after the transaction, you'll receive the coins. That's it, no hassles of some sort. I suggest you use localbitcoins.com to see whether there is a seller that is willing to sell his/her bitcoins. Just remember, perform the trade on a place where there are people around and there is a security ready to aid you in case shit happens.

1. The only thing that the network will know is your bitcoin address and the receiver's bitcoin address.
2. There are no personal credentials attached when creating a bitcoin transaction all over the network. That is the advantage of bitcoin against the traditional wire transfer and money transfer services. Also, the transaction will get through within an hour (or most of the time, <30 minutes) and will be confirmed by the network to be available on spending.

Yes, it seems that MZ isn't online as of this moment so I tried to ask the lending section to see if someone will take my offer. As of this moment, I'm currently talking to two users and discussing terms to see which will I accept. I just badly need the money by morning that's why I asked a loan.

Posting referral links is prohibited in this forum. You should try to read the forum rules sometimes.


What kind of "lightweight" trading sites? The one that you could access on your phone? In trading, you should consider the trading volume occurring within a single day. The trading volume dictates the liquidity or how fast does the bitcoins on that certain exchange revolves.

You can still import the private keys and the wallet.dat file to another wallet that supports such action. If a wallet just "stopped working" or "isn't working" anymore, you can still save the wallet's data, especially the wallet.dat and private keys and just import it to a new wallet.

A multi-signature address is a special address in which you need 2 out of 3 priv keys before you can create a transaction with that address. With that said, any user who has control of a single key wouldn't be able to spend the balance on that certain address--that user needs another private keys to create a transaction. A multi-signature address is a safe way of keeping your balance. Just make sure that the private keys are separated so in case an attack occurs, you are able to still keep those precious btc's intact if ever the attacker only acquired one out of three keys.

I already PM'd the one who offered first and I'm willing to offer this account as collateral.

This account in particular, right?

EDIT: Sorry I cannot take this account into collateral. There are other lender who's willing to give loans even without providing collateral, just have a clean or positive trust feedback. Thanks though.

Hello there. Are there anyone who's willing to lend me 0.1BTC? I'll be paying back the amount +10% by next Thursday after I receive my payment from my signature campaign. If anyone's interested, kindly comment here. Thank you.