Sourceforge
Didn't this happen already? Hacker claimed access for over 1 year, modified progs, and there was a dump to prove how deep he got. Yikes...I didn't hear about that one...should be easy to diff and find any nefarious code. Yes, I was thinking Bitcoin-related hacks. That would be a serious blow. |
|
|
|
Niko, it seems that things only works with iphone, while bitcoin works on every phone  Doesn't work on my blackberry.  Try an android or tizen or meego based smartphone. They are all based on Linux. You are all missing my point because you are obsessing over irrelevant details. Here is a relevant detail, along the line of your comments: electricity or not, Bitcoin currently doesn't work for point-of-sale payments. In most places there are zero merchants accepting BTC. But that's not the point of this thread. The point is, could Bitcoin still work in case of blackouts, and if so, could it be more resilient than centralized credit card networks? My estimate above: no. Mobile is relevant. Part of your thoughts on "merchants" is being worked on as you read this. Mobile is equally relevant for Bitcoin and for credit cards. There is no advantage of one over another in case of blackouts. |
|
|
|
Niko, it seems that things only works with iphone, while bitcoin works on every phone Doesn't work on my blackberry. Try an android or tizen or meego based smartphone. They are all based on Linux. You are all missing my point because you are obsessing over irrelevant details. Here is a relevant detail, along the line of your comments: electricity or not, Bitcoin currently doesn't work for point-of-sale payments. In most places there are zero merchants accepting BTC. But that's not the point of this thread. The point is, could Bitcoin still work in case of blackouts, and if so, could it be more resilient than centralized credit card networks? My estimate above: no. |
|
|
|
It's complicated to explain, which is why I omitted it. Effectively, days are classified as Growth if they have % growth above 1,27%, Decline if they have % growth below -0,46%, and unclassified otherwise. The bar represents the difference between Growth days and Decline days (measured in days). If Sunday has -12, for example, that means 12 more Sundays have been Decline days than Growth days. The scale is 5 per grey line, with orange representing zero.
Any chance you could add error bars? From the 6-hour version of the same plot, it seems like they would be significant. |
|
|
|
At the merchant-customer level, any argument in favor of Bitcoin in case of blackouts equally applies to credit cards.   |
|
|
|
You will need a blockchain, though. Or someone you trust, who has a copy, and whom you can communicate with, and who has connections to other peers.
I believe that is included, if I read this right: https://en.bitcoin.it/wiki/Block_chainIf I am wrong, someone please correct me. Currently 1.75 GB, and growing. http://blockchain.info/charts/blocks-sizeOr just check the size of the Bitcoin folder on your PC. |
|
|
|
The Electromagnetic pulse danger is negligible, since there are plenty of people who could revive the system with a NAND flash device. Geeks are smart enough to think ahead and put the NAND flash into a grounded area away from the pulse. I know I will.  The whole bitcoin folder is around 30 MB ( before compression even ) in size at the moment, and easy to put on the cheapest thumbdrive. You will need a blockchain, though. Or someone you trust, who has a copy, and whom you can communicate with, and who has connections to other peers. |
|
|
|
Not much to add to what was already told here. All I can tell with certainty: it's not me. As for the theories: - someone needs lots of coins right away. For example, to pay people out.
- someone believes the market will remain bullish, and wants to get on in ASAP
- someone wants to cause panic buying based on the previous point. Pump and dump.
|
|
|
|
It does if we can begin moving bitcoins offline. I'm really thinking we may see physical bitcoins in the style of Casacius physical bitcoins where a private key with a value is hidden in a coin in a tamper evident way. All we need is a company to undertake the project seriously. How many of you would accept a Casacius physical bitcoin as having value if someone tossed you one and you saw the hologram was immaculate. Exactly. We might not accept an extremely high value, but for smaller values we would be fairly confident in it because we believe the project was carried out by a trusted party in a trustworthy way. The only level of doubt would be the level to which we think the hidden value might be compromised. Casascius coins are a proof-of-concept, which can leave holes of doubt... small ones, but doubts no less. There only needs to be a company that can mass produce coins in such way as to remove most any other doubt. I think that's possible. And if it happens then Bitcoin certainly does keep ticking, the same as any other physical cash. To me that's cash (or gold, or barter), not Bitcoin. |
|
|
|
I never understood the philosophy behind "Days Destroyed." Why should the transfer of long-sitting money be considered more significant than the transfer of money that has recently been spent?
I mean, if I want to buy something, I could send them the Bitcoins I received yesterday, or I could send them the Bitcoins I received years ago. They are both the exchange of Bitcoins for stuff, but the latter would push up the "Days Destroyed" statistic. I don't see the economic difference between the two actions.
Think savings. OK, going back to my example - I want to spend 1 BTC on a widget. I could spend my Bitcoin I received five minutes ago, which would only slightly increase the Days Destroyed statistic. Or I could spend a Bitcoin I received two years ago, which would much more greatly increase Days Destroyed. But there's no difference in my savings between these two actions. The assumption is that people hold largest portion of their coins in "savings" wallets, likely offline. They break the piggy to spend (today this means exchanging for fiat), which increases bdd. |
|
|
|
|
Many cc terminals talk to their networks via gprs (or a descendant), and run on batteries. Just like cell phones. I don't see any big advantage of Bitcoin in the realm of resilience. If/when mobile mesh solutions emerge, it'll be a different story.
|
|
|
|
Should settle about 10.4 now, if we go through the weekend with more than 10.2 it is a confirmed move – expect 11+ next week.
Weekends tend down, for sure, but don't ignore that Mondays do as well. So do Tuesdays.  What's on y axis? |
|
|
|
I never understood the philosophy behind "Days Destroyed." Why should the transfer of long-sitting money be considered more significant than the transfer of money that has recently been spent?
I mean, if I want to buy something, I could send them the Bitcoins I received yesterday, or I could send them the Bitcoins I received years ago. They are both the exchange of Bitcoins for stuff, but the latter would push up the "Days Destroyed" statistic. I don't see the economic difference between the two actions.
Think savings. |
|
|
|
What we need is for the PPA to be installable via update manager like other programs. I don't understand why it's not a featured program in Ubuntu.
What would it take to get it included? Would blockchain bloat pose a problem? Can't run it from a typical USB nowadays. |
|
|
|
|
As notme, Hexadecibel and others have already pointed out, you don't need a spike in google trends index to indicate influx of new users: a constant search volume means there are new users introduced all the time. We don't need exponential growth - that's the specialty of inflationary currencies.
|
|
|
|
|
I tried overlapping plots of days destroyed with the price - no correlation. Sure you can find some exciting coincidences (large movements just prior to rallies), but if you take an honest look at it, you'll find just as many instances of the opposite.
|
|
|
|
|
PG, interesting stuff, but I have to ask: how many of you are in there?
|
|
|
|
My thoughts exactly, minus the "holy". |
|
|
|
|
Take random subsets of gold price, use your approach to predict where it'll go, then look back into the complete data set and see how successful you were. Ideally, do this as a blind study with a help from a friend. Let us know.
|
|
|
|
|
Show Posts
