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CFTC (commodity futures and trading commission): "bitcoin is a commodity"
FINCEN (financial crimes enforcement network): "bitcoin is money"
BAFIN (Bundesamt für Finanzdienstleistungsaufsicht): "bitcoin sind rechnungseinheiten" ("substitue currencies)
Steueramt: "Bitcoin sind sonstige Sachen. Deren Veräußerung ist natürlich steuerbar nach den Regeln des §19"
Merkt ihr was?
Ist doch klar. Und als ITler sage ich: "Bitcoin ist ein Netzwerk" oder "Bitcoin ist ein Protokoll" oder "Bitcoin ist opensource software".
Und als Mensch sage ich: "Bitcoin ist eine Revolution!" ;-)
Jeder hat halt so seine Sichtweise.
(ps: man merkt auch, daß das Finanzamt falsch heißt. Es müsste "Steueramt" oder "Amt für organisierten Diebstahl" heissen.)
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I still don't see that killer application though.
believe it or not, the killer app of blockchain tech is sound money. |
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It means it is very strong
Not broken yet
Can you define "broken"? when you look at it and it's broken you just know it's broken. If you're unsure, it's not broken. |
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Bitcoin works ok if you pay the normal fee.
It works ok with the current amount of users. Take 10 times as many users and no amount of fees will make the transaction demand fit into the blocks. As it is, Bitcoin doesn't scale. |
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nor Dollar or any other Currency will come to an end, because for Bitcoins their should be some currency to convert, if not their is no value for bitcoins. Only the Dollar fluctuation gives the strength to Bitcoins, because who ever wants to keep or invest in Bitcoins on the end of the Day he/she wants to convert Bitcoins to their Country currency.
replace "Dollar" with "Gold" and "Bitcoin" with "Bank Notes" and you'll see that your statement might not be eternally true. Things can change... The following is what one of your ancestors might have said a century or two ago. nor Gold or Silver will come to an end, because for Bank Notes there should be some Gold/Silver to convert, if not there is no value for Bank Notes. Only Gold gives strength to Bank Notes, because who ever want to keep or invest in Bank Notes on the end of the Day he/she want to convert Bank Notes to Gold or Silver.
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I draw the opposite conclusion. If larger blocks have a higher probability of being orphaned, miners will make their blocks as small as possible, even significantly under the maxblocksize limit. This is why the debate seems so silly. We don't need a software-coded block size limit at all. blocks that are too big will get orphaned. This is happening NOW. It's why so few blocks are anywhere near the 1 MB limit.
I'd like to believe that myself, but... That (the bolded part above) is true now, but it might change. Think IBLT or other "block transmission compression schemes". Will there still be enough penalty in the form of orphan risk cost for big blocks?. Makes me think of that proposal by Meni: Elastic block cap with rollover penalties. |
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You can just go to http://www.gofundme.com/ and ask for a charity for whatever reason, and people will give you money. If people were not forced to pay taxes, they would be even more generous. Also if people didn't have the excuse of tax-sponsored welfare existing (a very inefficient system), they would not only be more generous, they would also be way more effective at reintegrating people and getting them back to some sort of productivity. Think about it: the goal should not simply be to support people that are in trouble for whatever reason, but to try to reintegrate them into society and put them back into a place where they can be useful to others and/or productive within the economy. The state-sponsored programs are clearly not very good at that and I suspect that more local initiatives (which are now suppressed by being in unfair competition with the state programs coerced upon us) would excel at that job. |
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You might get a block increase, but you will be sorely disappointed by its results. Why do you want a block increase anyway?
To make bitcoin ready for future growth in transaction rate. To make room for new users, merchants and use cases. To keep transaction fees competitive and affordable to larger demographic. To give confidence to all actors in bitcoin space that the transaction rate will not be stunted by some artificial cap designed for a completely different purpose. To give an opportunity to Satoshi's vision that the "eventual solution will be to not care how big it gets". (We wouldn't have bitcoin if he wasn't right in great many things) Well, that's few reasons I could think just now, but there's probably more.  boring very sophisticated way to communicate, dude. Do you always react like that when you run out of firepower? Just goes to show... |
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einer fragt in den Kommentaren: Wenn ich Bitcoins mit Euro kaufe, wo landen meine Euros dann und woher hat der Verkäufer seine Bitcoins? Wie kamen die all die schönen Taler in die Welt? Wer waren die ersten Bitcoinbesitzer? Diejenigen, die eine Währung zuerst in die Finger bekommen, wie die Banken und die Finanzindustrie von den Notenbanken profitieren doch stets am meisten von ihrem Privileg. Die virtuellen Kullerchen muss doch ursprünglich mal jemand generiert und verkauft haben. Wo und in wessen Tasche sind denn all die schönen Devisen geblieben, die für die die ersten ursprünglichen BCs ausgegeben wurden. In Deutschland haben alle mal mit 40- DM angefangen. So breit wurden die ersten Bitcoin sicher nicht gestreut. Also, wer hat profitiert?
Schade, daß man nicht mehr antworten kann. |
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Wer Bitcoin erwirbt, kauft also kein Geld zum Anfassen, sondern eine verschlüsselte Formel
eine was? Was soll das sein? Bei "elektronisches Grundbuch" hatte ich noch gute Hoffnung ein Leser könnte vielleicht verstehen, wie Bitcoin funktioniert. Aber bei "verschlüsselte Formel" dürfte es dann wohl aus und vorbei sein. Jedenfalls war ich mir dann sicher, daß der Autor nicht verstanden hat, wie Bitcoin funktioniert. Wer Bitcoin nur zum Bezahlen oder Tauschen nutzen will, kann sich bei einem Anbieter registrieren lassen, die Software herunterladen und anschließend bei den Internetbörsen Bitcoin gegen Euro kaufen.
Wovon redet der Mann da bloss? Registrieren? Wo denn? Bei einem Anbieter von was? Weiter konnte ich nicht lesen, zu schmerzhaft. |
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@Molecular,
I simply passed on the request from the devs to encourage all server ops to update. Yes, it is due to the patch you reference.
Why such a simple upgrade shouldn't achieve concensus easily ? Lol. I don't oppose the patch. Just not going to update my running server for every little change |
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MA200 is god damn fat elephant  Survives for so much hits since Jan 2015. Besides - it is reversal candlestick picture.  MA200 on weekly... hmm ~\> date "200 weeks ago"
Wed Nov 9 16:59:35 CET 2011
should start rising soon |
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My take on the issue:
Any solution has to make spam expensive. Anything else is just adding further problems. That's why I like the solution implemented with Litecoins. Excuse my ignorance, but what solution is implemented in LTC? |
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Yes it is weed. And yes it is legal here.  Don't know how much any more but i think it was around 3000 euro Good investment 3,000€, but have you reached ROI (return of investment)? how much do you earn per day/month? I guess that depends on the price of local weed futures. Well i didn't want to say for weed, i meant about the rig, the mining rig how much time does it take to get back the money invested in. I know. I was trying to make the joke of having to consider also the weed output of the whole thing to run it profitably. |
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All server ops - please update your servers. A new patch was pushed a few days ago... #cd to electrum-server directory then do...
git pull
sudo python setup.py install
Then you should be good to go! because of this? commit be63d5fc48e0a95a800e95b2a8622109c2e3e549
Merge: f6bb080 a187370
Author: ThomasV <thomasv@electrum.org>
Date: Fri Sep 4 08:36:21 2015 +0200
Merge pull request #122 from fireduck64/master
Change to make address history sorted and deterministic
 hmm. Seems overkill to prompt everybody to update for this. What am I missing? |
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For those who emotionally cannot handle a 100% loss, I would add a (mental) tweak: Invest 50% of your net worth to a basket that contains 10% of BTC, 10% of Monero and 80% of cash. When the cash is distributed wisely (in different currencies, jurisdictions, and banks, with some tucked in your mattress), it is pretty safe. Then you maximum loss even if BTC and XMR both go to zero, is -20%. That's pretty manageable, isn't it! The upside is still there.
hehe, if you can't handle the fear of losing 100% of your 10% investment, just go for a 50% investment you can at most lose 20% of. I like it: if you have some psychological flaw keeping you from doing something you want to do, just brainfuck yourself around it. |
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I've been around long enough to have thought many things over and yes, I must admit that over the years I have paid many taxes but I also benefited from the large infrastructure put at my disposal. Stating you never receive anything back is just naive and shortsighted.
I think it's no question we receive something back from the state. The point is "how much" do we receive back and "how much" taxes do we pay for that. I think the state I live in is very inefficient in serving its people. That state is probably highly efficient in serving other people / entities, though. |
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Ist eigentlich das XT-Problem nun gegessen?
Letztens hatte ich 'ne Diskussion mit einem Bitcoin-Interessierten Neuling. Er fand alles ganz geil und hatte sich sogar schon fast entschlossen zu kaufen, bis ich ihm erzählt hab, daß wir maximal 7 Transaktionen pro Sekunde verkraften. Da war's vorbei. Er wollte noch wissen ob wir das Problem lösen werden und ich musste leider sagen: "Kein Plan, sieht gerade eher nicht dannach aus". Das "Problem" ist nicht XT, das Problem ist Scaling und gegessen ist leider garnix. Naja, man wird sehen. Crash landing, Massenflucht zu Altcoins oder was auch immer kommen mag... interessant wird's allemal und ja: es geht auf jeden Fall weiter. Scaling ist nur ein Problem, wenn man Bitcoin als neues Payment-System betrachtet. Und das ist es nicht. PayPal, Visa & Co. werden IMMER schneller und effizienter sein. Aber was verschickt man mit PayPal, Visa & Co? Bisher leeres Fiat, Gold geht irgendwie nicht per eMail. Es müsste digitales Gold geben Und genauso kann ich mir die Zukunft vorstellen: PayPal, Visa, Sidechains, Lightning Network usw. als Payment Layer und einmal pro Tag oder Pro Woche wird der Settlement Layer bemüht und echte WERTE werden verschickt. Was meiner Meinung nach den Bitcoin so erfolgreich macht, ist daß es eben beides vereint: "secure payment network" und "sound money". Ich fürchte das eine könnte ohne das andere jeweils schwierig werden. |
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Yes it is weed. And yes it is legal here. Don't know how much any more but i think it was around 3000 euro Good investment 3,000€, but have you reached ROI (return of investment)? how much do you earn per day/month? I guess that depends on the price of local weed futures. |
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This site is still so useful after so many years, I hope the owner has not completely abandoned it...
what site? Bitcoincharts I talked to him briefly not too long ago (at 31c3). I congratulated him on keeping that great site up and he said it's not too much work and he'll continue to do so. |
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