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While I don't share the OP's concerns I could imagine a bitcoin-world where the tax authorities demand business to report any receiving address to them immediately. If test-buys don't result in a reporting message, the company gets trouble for not paying taxes. Today's anonymity is all nice but bitcoin has the potential for total control and we should definitely put some thoughts on how to avoid such a future.
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The suggested double spend alert would be hard to do as it would open doors for DOS attacks.
I see only green addresses or to a degree well connected clients to do instant payment for now.
In the end I wouldn't worry too much about brick and mortar fraud as here the client has a face to loose within 10s. It would just be too risky to actually see my double spend attempt being identified as such even within 10s.
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charged addresses: merging addresses reduces anonymity so why would people consider addresses staying constant for a constant user count?
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Thanx for the links  That's a start but very heavy to read. I had more something like this in mind. Edit: AHHH! This huge svg embedded in the post completely killed my firefox and in chromium killed the tab with it so I had a hard time hitting the edit button. Sorry if you had the same issue. |
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love this topic subscribing. I only doubt opening price is meaningful. Would have picked weighted average or so instead. |
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I'm very tempted to try it out for its simplicity but would also be interested to see on the forum who did it. Trust is somewhat limited. If you tried it out and the traffic derived looks legit, please let us know. I somehow doubt that this anonymous knows the business not only because the site allows to confuse bid and price so paying 200BTC per click and order 0.0005 clicks is fine with the form.
Problem for me is that I would want to target android users which is not possible. Else I would just advertise some other of my personal websites so I see the traffic stats.
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Hi,
is there a bitcoin timeline anywhere? I find it really impressive what happened since I joined a year ago and of course last year's bubble did not reflect any real world development of bitcoin. In the wiki and the forum there are hundreds of references to bitcoin projects but I'm not aware of some nice overview.
Wouldn't it be nice to have a timeline where you can see important events of bitcoin like first draft, first block, parities, pizza, bubble peak, goxed, ... and project announcements, starts and shut downs? I feel like such a timeline would quite impressively show bitcoin's strength.
Giszmo
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Eventually those coins will be moved, when the algos get weak.
The problem for bitcoin will be that "mining" for those old, "lost" coins will be more profitable than securing the network sooner or later. Imagine pools putting their miners on that task instead of securing the network. That will become a problem at some point  In the end you will never know if the early adopters are securing their coins or the black hat miners secured lost coins for them. If a developper passes by, is it possible to enhance securities of the current bitcoins without breaking the protocole? 1st: I am a programmer 2nd: the security will be enhanced when necessary. This might get urgent tomorrow or in 100 years. 100 years might be the better guess but it's a guess. As we don't know how security will break, we can't just upgrade to a higher security now. Putting in more bits would be ridiculous and would have its drawbacks, too. |
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cool. keep us updated if he actually decides to accept bitcoin brick and mortar for the win |
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Yep. And Falkvinge also said he got rid of all his coins despite his big posts of "why he is putting all on one card". Sure, I also got rid of all my bitcoins for two reasons:
1) if bitcoin rises to those ridiculous rates some dream of, I don't want to know about taxes due for my gain.
2) I don't want to be considered stupid for holding after the high fall of last year.
I guess holding bitcoins is very plausible deniable so you will most certainly not meet anybody bragging about owning millions of bitcoins.
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For example: sellers try to attract wary buyers by accepting a flexible X% payment in good faith, and X% in escrow, unlocked on delivery.
I can solve that equation: X=50 I just don't understand what's flexible about it |
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Eventually those coins will be moved, when the algos get weak.
The problem for bitcoin will be that "mining" for those old, "lost" coins will be more profitable than securing the network sooner or later. Imagine pools putting their miners on that task instead of securing the network. That will become a problem at some point In the end you will never know if the early adopters are securing their coins or the black hat miners secured lost coins for them. |
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Wow! Subscribing Yes, all the tracking and advertisement bullshit is creepy but just so many people want that and if that's the price of getting bitcoin main stream, I'm all for it. The infrastructure would still be bitcoin so privacy aware people could still seamlessly use android devices or brainwallets or whatever they like. |
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Hmmm...1mm quantum computer requires 1000 square feet of space. I guess the speed benefeits outway the space requirements.
If you get a universe packed with computers computing power for that, I'm pretty sure you are wrong. The quote "I think there is a worldwide market for maybe five computers" might finally come true |
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And regarding the discussions about what would happen in the case Instawallet's service was to be discontinued here's what we would do : - A notice would be posted a long time in advance,
- We would generate a private key for each account, in a publicly documented way, using the wallet URL as seed,
- We'd compute the public key from the private key,
- We'd compute the address from the public key,
- We'd send the balance to this generated address,
- And that's it!
Now all you'd need to regain control of your coins is to follow the steps using your wallet key, you'll get a private key you can import into any client, or into any service. Even a user without any technical knowledge could use a third-party service that could perform these steps given a wallet URL, for a fee obviously, but in perfect market conditions, therefore the fee would always be as competitive as possible. Thoughts ? That's smart. It is very smart and only possible with bitcoin. You can go offline without people loosing access to their coins I think this is the most noble of all possible solutions. With your solution coins people forgot will really be lost (until computers can brute force those by then weak keys). I guess I would have a problem seeing lost coins and count on x% never asking back their money. Most likely you could even get an insurance for that x% risk. |
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uhm ... if this quantum combuter is 10^20 faster at solving the invers to your hasing function, you have a problem. Also please think of all the charged accounts that will not reallize they would need to act to protect their property. Getting the old coins to more secure addresseds requires human interaction ...
On the other hand I guess that some advance in techmology like this will help rediscover all those bitcoins lost due to accidentally deleted wallets. At some point more computing power will go into breaking the biggest stashes of old bitcoins than into securing the bitcoin network.
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The guy got almost 100$ on his address. Why??? I mean there is myfreecam.com where you get video for free. Why do people tip for really lousy pix?
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Also an bitcoin kannst du dich auch per Brieftaube beteiligen. Viele reden davon, wie komplex Bitcoin wäre, aber im Endeffekt kannst Du auf so vielen Wegen mitspielen, dass das blockieren eigentlich nicht geht. Also nicht in nur einem Land. Wenn sich die Weltregierung einigt, dass Bitcoin verboten werden müssen, sieht das anders aus, aber ein Land ohne Miner ist kein Beinbruch und wenn es schleichend geht, dann können die Miner sich hinter TOR verstecken oder ihre Erkenntnisse verschlüsselt austauschen. ... insgeheim glaub ich ja, dass Satoshi eine Abteilung bei Illuminatis ist und in drei Jahren die Weltregierung beschließt, dass Handelsplatformen Whitelists nutzen müssen und jeder nur mit den Adressen in seinem implantierten Chip die dann Weltwährung nutzen darf. Natürlich darf man alte Adressen gegen eine geringe Gebühr auf seinen Chip respektive die Whitelist laden. (nicht ganz ernst, aber auch nicht ganz unernst gemeint ) |
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I don't know what you mean by "some law" would kick in. There's no laws about requiring a company to provide access to digital files in the event of a shutdown, as far as I know. Correct me if I am wrong.
As another example, if you fail to pay the rent on a storage unit, your stuff cannot be reclaimed after it is auctioned off. There has to be a reasonable cutoff of time where the entity storing your stuff is no longer responsible for it. You shouldn't expect instawallet to continue to provide you access to your coins, even manual access, for the rest of your lifetime.
Ok, I always take it for granted that bitcoin is money, which it is not legally. Imagine a bank that fails to ask your name and address that wants to close down. Should they be allowed to leave with your money? I am not a lawyer but if I borrow some $$ from you and you never ask it back I am sure there is some law regulating at which point in time the money is legally my money. This is different in different countries and as long as Bitcoin is not money, other regulations might apply but I'm pretty sure not returning the coins now would be a crime by some law even as it is only some bits. |
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Ok, interesting. Very interesting for the advertisement this is doing but on the fact that you don't need an intermediary ... how is blockchain.info not an intermediary? Yes, with bitcoin, you can run your own top level (in the sense that there is no higher authority) piece of banking infrastructure on your phone as you can both run a full client (schildbach) and even mine on mobile devices (although I don't know if phones reach kH/s) but this is not what this app does. Welcome, blockchain.info is your bank.
Blockchain.info is an intermediary but the User is not dependant on it. You remain the only person who can access your wallet and as long as you keep a backup are free to move your keys to a different client at anytime. It's a centralised interface for convenience with the ability to fall back to the decentralised network if need be. Ok, you have a JS wallet that does not send you the priv keys. For the iPhone client do you also not have access to the private keys?? If so, I apologize for my quick reply. I already knew you are very flexible exporting and importing keys (although I don't understand why I would want to export keys from an online service as moving away would also mean not to use secrets I shared with the entity I'm leaving) but I thought the only full-blown mobile client was the Schildbach client for Android and that has its limitations when it comes to poor connectivity. So you don't download the block chain, share the public keys with the server and ask the server for incoming payments and to relay outgoing payments? |
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