This kind of approach was an everyday practice in the communist block during the 50's 60's. Welcome to our world guys  . |
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Wag the dog and Idiocracy . |
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I second the opinions above, localbitcoins is probably the best solution.
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This is very sad, they should have stricter regulations to monitor and stop this that it may not happen again in the future. These things could have been already prevented had the governments stepped up their monitoring effort.
Yes, these boats/ships should be intercepted, return ppl on board to their country and then bring the empty ship to the next scrapyard. |
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Sounds good for me. Unfortunately there is a great distance between them.
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Then those are not your addresses. That's a problem that people don't seem to understand. They think because someone allows them to borrow an address, that somehow they have an account. That's not how Bitcoin works unless they give you the private keys or at least a set of multisig keys.
No, in many cases those addresses just additional addresses for one common wallet. |
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I was thinking about a common problem we have with transaction/wallet bloat. One of the main problems with swapping out wallets in an exchange environment is the risk that a customer will deposit to an old address and then cause a big shit fit about it on social media.
So i had a small idea. Not sure if its been proposed before, but i thought i would mention it.
I would love to see a scheme implemented whereby you could setup transaction forwarding, by destroying the address and replacing it with the address to forward to, so all transactions to the old address would be forwarded to the new address.
A2A's:
1. Is it even technically possible?
2. Is it a bad idea?
3. What could be some possible problems with this idea?
4. Is it a security vulnerability?
5. could this be encoded in a transaction somehow?
Good idea but I think it would be difficult to implement such pointers in the bitcoin-core. |
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No. You must keep a copy of all your keys if you think this might happen. You can always just print out a hard copy or make backup copies. Either way, it might be a good idea to import the public addresses into a watch only wallet.
On most exchanges unfortunately you cannot get your private keys. |
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I've made some nice profit on Stellar and Bitshares, so no problem for me. BTW these coins an your list were the most inventious altcoins in the last year. I think the copy-paste shitcoins without any new features are much more damging then those what you listed. Not because of the impact on BTC price but because of the damage on the reputation of all cryptoes.
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Shouldn't the first step be buying everything to make that land more livable for all, then focus on the rest? Maybe it's time to bring some natural predators first then bring the big chemical guns then... All bought in bitcoin of course Hopeless thing. There are plenty of similar areas around, so if you get rid of the mosquitoes on one spot, more will come to grab those vacant bushes. |
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Yeah, yet you see many companies being pretty resilient in doing so. There may also be accounting problems, problems with return policies (volatility!!!), etc.... And if you use BitPay you don't really accept BTC.
Yes, volatility is an issue indeed. Are there any company what offering some sort of volatility derivates for hedging against this problem? |
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It was because they were not ready for MtGox being so popular, so these people from normal accountants overnight become keepers of the multi million dollar money fortune. They have no experience with bitcoins trading on such scale.
Gox was the first and most popular for years, that should be enough time to get used to their popularity. "They have no experience with bitcoins trading on such scale." Just like nobody else in the crypto scene, but many other exchanges were able to cope with the scale of trade without stealing 640 000 bitcoins . |
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europe is being overwhelmed by third world savages we need to be sinking more of these ships not "rescuing" them
We should switch people like you with these "savages" (and sink you); europe would be a much better place. Actually this is what "our" politicians are already doing. I didn't noticed any improvements . |
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europe is being overwhelmed by third world savages we need to be sinking more of these ships not "rescuing" them
Sinking those boats would be a bit too rough. The European welfare system is overhelmed because of we are giving away money, accomodation, food without asking for anything in return. Changing this practice to a more strict one (“He who does not work, neither shall he eat.”) would resolve most of the issues. |
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It's difficult to believe that nobody at Gox noticed such huge amount of missing coins. Why those guys never made any accounting on their holdings? For any exchange that should be one of the most trivial things.
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Unfortunately there are no info about these aspects.
Anyway, this is a good idea, but it needs some more work, like backup and more security features. Just like you said.
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This is definitely the way to go! The bootstrapping process is - like most times - the hardest part, though. Think of it as the "hen and egg problem": You need to have enough incentive to accept BTC, companies and people need to have enough places where they can spend their BTC - where do you begin?
Companies can start by accepting BTC as one of the payment options. (As more and more doing.) Chicken and eggs served piping hot in one go . |
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Africa is a huge comtinent with lots of ppl who are looking for cheap and effective ways for money transfer.
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