I'm working on it.  The pirate party is gaining in Iceland and they are very positive about bitcoin. This year I am targeting Iceland in a campaign to meet people there and popularize bitcoin. They could benefit greatly as a mining center. They have cheep electricity and cooling a data center in no problem. I'm going to fly out there later this year and do some groundwork. |
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I think of my wallet as just another computer file. So I keep it safe by:
1. keeping the overwhelming majority of my coins offline always. I keep a small amount on my phone for daily spending, an amount less than the value of the phone.
2. I only use Linux for transferring any larger amount or reloading the phone. Windows is out of the question for me. I use open source tools that I compile myself. It's freekin crazy to just download some bitcoin related software to a winxx computer.
3. Keep the back-up "real world" safe! If you want a copy of my wallet file you can find it in my safe deposit box at the bank.
4. trust no one. Satoshi gave us trustless cash for a reason.
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Great idea. Now explain how you are going to inform tens of thousands of computers of your Tx in 5 seconds? Are you creating blocks every 5 secs? If so the chain may have to be 12 times as large. If it could be done then Satoshi would have done it.
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this is so exited game...
you don't believe that... !!!
Wow, I'm excited also!!! And no I don't believe a word of it!!  |
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Just wait until you figure out that everything you have ever known WILL disappear someday.  |
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For a scam to work you not only need a scammer, you need a greedy fool. I think anyone new to bitcoin should find out in 1 day of reading that the only legitimate deal here is to buy bitcoin at market rates and hold exclusive access to the private keys. Any other type of "investment" or game or alt-coin or credits or online wallet; means that you do not own any bitcoin.
What is frustrating is when some new user sees an add to "doubled" there coins, get coins cheep, or other such nonsense. It's nonsense because just a few moments of logical thinking will show that such a thing is IMPOSSIBLE to guarantee.
Emotion, desire, fear... These are your enemies in mathematics. Logic is your only friend here. Almost all the scams require you to do something stupid. Don't be a mark! Just buy bitcoin at an exchange in your country and don't get sidetracked by anyone. You don't need anyone else to do this.
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Why are people still unclear about this? In the U.S. (and most everywhere else) taxes are required when you make any money. There is no question about it.
Unless you put your money from bitcoin in off shore accounts like so many of those government officials named in the panama papers did. Putin says he is proud of what he did in the hiding of his assets. True that. If you are a billionaire then you probably know all about how to cheat on your taxes.  |
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You really are likely to do best with bitcoin by just buying some. Don't beg for loans, don't waste your time at faucets or signature campaigns. That's my opinion.
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Why are people still unclear about this? In the U.S. (and most everywhere else) taxes are required when you make any money. There is no question about it.
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I would avoid any alt-coins. I don't know the future either, but I have seen them come and go. Only bitcoin has had continued success. If you had asked this last year I suspect a lot of people would have suggested doge coin. Ever heard of it? Exactly.
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Satoshi said everything that needed to be said in C++. The rest is up to you. |
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I don't really understand this. Has Trump said anything that is directly related to Bitcoin? Or this is maybe something that has to do with the declarations he made about how he is going to put currency control against Mexican borders?
That is exactly what it is about. From the people who brought you the Jamie Diamond billboard. |
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some of these replies actually hurt my eyes... In order to avoid confusion: - the blockchain = the technology behind bitcoin, recording all transactions in a public ledger - blochchain.info = a website that offers services based on the blockchain While the first is merely a piece of technology, the second is a company. The company can possibly do some data mining if they really wanted to. - when you buy bitcoins, usually your name, address, paypal account, credit card, id,... or other forms of identifying information are needed. If somebody (FBI, interpol,...) wanted, they could easily find out who bought coins and on which address they were stored. - when you trade your bitcoins for fiat or for physical services, the same information is needed, and the feds can link your identity to your wallet address. - if somebody is really dedicated, he can follow the trail of the coins, unless you know how to conceil the coin movements (by using mixing services, coinjoin, exchanges,....) This means that it doesn't matter if you use a VPN, tor or the computer in your public library, if you don't know what you're doing, somebody can follow the full trail of the bitcoins, from the moment they were mined, to the moment you bought them, to the exact moment where you traded them for dope, to the moment the dopedealer sold them again for fiat. Luckily, if you're not doing horribly illegal stuff, i'm pretty sure law enforcement has better things to do than to find out who gambled $100 on dice or if you bought $50 worth of weed... I could be mistaking tough I agree with what you are saying. I would add though that it is at the third party level that your identity is tied to your coins. The overwhelming majority of my coins are not known to anyone but me. P.S. I do not use them for illegal activity, I am just exercising my right to privacy. |
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Anything you can think of that is worth money is worth bitcoin, because it is money.
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The blockchain is a record of the transfer of coins between wallets. It does not contain information about who sent or received coins, or the reason they were sent. Other information by third parties, ip addresses etc., could be used to track down a user depending on how they did the transaction.
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What do you guys think?
I think you have no idea what you are talking about. |
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I remember when they were pennies and we were over the moon at the high valuation. Bitcoin is a computer program and does not need your money. There is no price that bitcoin must be at to survive.
I`m sure it doesnt need our money. But we need the valuation based off of something which is our fiat - current system. But that would mean all the VC money is waste, because they expect a return on something someday? Oh yes it would be a mess if we dropped to say $50. Many mines would go bust, many VC funded projects would be dashed. But, there is no reason that the system would not work. Although some would lose confidence. |
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The bitcoins are sent over.Either your receiver is lying or they provided you with the wrong address.Link them to your transaction and say your part is done if the address is correct.
I agree. It is provable that the money was sent to that address at that time. No question about it. |
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This is 100% the end of bitcoin as we know it.
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