Latest posts of: justusranvier

Quote from: Automatic on February 28, 2014, 03:31:09 PM

Not too sure I'd trust a jailbroken (And thus root permissions & skewed sandbox) device to do financials on.

Why would you trust an Apple device for anything in the first place?

Quote from: CryptoFuture on February 27, 2014, 10:10:45 AM

I am a software engineer and fairly early adopter of Bitcoin. I have also recently quit my job.

I have a fairly large amount of Bitcoin that I would like to invest into bettering the Bitcoin community.

What is a product or service the industry is lacking or that can be done better?

I would love to get it up and running.

You could write a replacement network for Bitcoin.

The existing one sucks - it's about the most inefficient design possible in terms of bandwidth usage. It wasn't such a big deal when Bitcoin was still a proof of concept but it will need to be fixed if Bitcoin is to scale at all.

Quote from: gollum on February 28, 2014, 01:48:58 PM

But what's the point of using bitcoin if you can't trust any exchange or wallet service?

The point is that you don't need to use them.

"Be your own bank"

Quote from: nimda on February 28, 2014, 01:11:42 AM

An email from Blockchain.info is certainly related to Bitcoin, and an AES encrypted file is as good as a GPG one. There's not much loss of privacy in Blockchain.info's emails, although I do agree with the general sentiment about other services.

Do you not also have the option of receiving email notifications of every incoming transaction?

Should we really be forced to choose between having the convenience of those notifications and letting Gmail index a the full details of our financial transactions, or else giving up the notifications and keeping a bit of privacy?

Quote from: Toil on February 27, 2014, 01:53:53 PM

suggestion: on emailing a wallet backup, have a possiblity of GPG encryption.

It's past time to start insisting that all Bitcoin-related websites start supporting optional GPG encryption of notification emails.

There's no excuse for not doing it, other than to make sure their users don't have any privacy.

Remember that not everybody who acts ignorant online actually is.

Some of them are drawing a paycheck for it. It's a form of psychological warfare.

http://www.storyleak.com/email-confirms-bank-americas-social-media-trolling-spy-team/

http://www.rawstory.com/rs/2011/02/18/revealed-air-force-ordered-software-to-manage-army-of-fake-virtual-people/

Quote from: ArticMine on February 27, 2014, 06:41:35 AM

And asked how such a ban would be technically feasible, he admitted that the senator is still trying to gather information on “different ways to protect consumers” that might entail a ban or simply increased regulation.

Easy question. He just has to order Bitcoin to cease operations, right?

The "Bitcoin Discussion" section of the forum is not the right place to post wish fulfillment fantasies about Mt Gox.

Quote from: CoinCube on February 27, 2014, 04:25:05 AM

Quote from: DeathAndTaxes on February 25, 2014, 05:21:54 PM

Quote from: soy on February 25, 2014, 05:18:04 PM

But why not stop those bitcoins from being traded ASAP.

You keep (intentionally) ignoring this question. Who would do this? On what authority? How would they do it?

In related news the top 500 bitcoin addresses are mine and were just stolen please freeze them.

Sadly the court system will.

Quote from: NoWhammies on February 27, 2014, 02:07:17 AM

Show these retards how stupid and uneducated they are. Insult their logic and grammar. Hold nothing back. I've been trolln' them for the last 3 hours and the zombies just keep coming. We need the best and this forum is where they all are!!!

Bitcoin does not need them. In fact, the world will be a better place if those people and the ones gullible enough to be swayed by them do not hold Bitcoins now. Forget about them.

You didn't have funds in Mt Gox, did you?

Quote from: ddink7 on February 27, 2014, 06:03:35 AM

Your first two examples work because alcohol and marijuana have a physical utility (they are addictive substances). What the hell are you going to do with your bitcoin when nobody accepts them anymore? Sit there and stare at it?

Its fine that you don't understand. Bitcoin doesn't need you to understand.

Quote from: IamCANADIAN013 on February 27, 2014, 06:06:44 AM

It really can be, and it's why I stopped trying with some people. I figure time will prove them wrong, and/or they will take the time to learn about it as I did. People can be so narrow minded when it comes to things they don't understand. I have to admit, I thought bad about Bitcoin as well when I first heard about it. At least I was willing to go into learning about it with an open mind.

The future does not belong to the defenders of the status quo. I don't want people like that buying Bitcoin - they don't deserve to be early adopters.

Why do people hate being lied to, mugged, and raped so much?

As long as they give you a pat on the back afterwards, only take half your wallet, and just use the tip it should be fine, right?

There's something collapsing here, but it sure isn't Bitcoin:

http://articles.latimes.com/2013/aug/29/business/la-fi-tribune-earnings-20130830

Quote from: Ytterbium on February 26, 2014, 12:41:50 PM

Obviously if retailers accept BTC the price will drop in the short term as those retailers dump btc immediately for dollars.

It's more complicated than that.

You'd be right if the payment processors got dollars by selling on the exchanges, but that's not their only source of fiat.

Payment processors sometimes have access to dark pool liquidity. There are investors who want to move into Bitcoin either gradually or else in amount larger than what the order books of the exchanges can easily handle. Those investors go to payment processors and agree to supply them with dollars in exchange for the received Bitcoins.

For that reason it's not obvious that retailers accepting BTC will affect the exchanges. It all depends on how much dark pool liquidity the payment processor those retailers use can access.