|
a USB client is exactly what i'm looking for as well.
|
|
|
|
|
i don't like the colors as well. i like the current gold coin design
|
|
|
|
I have been doing this already. I use a portable version of Dropbox to sync to the thumbdrive. Inside the Dropbox container I have a portable version of Truecrypt with a passphrase over 25 characters long, a hidden keyfile, and Serpent+AES+Twofish encryption. Within the Truecrypt volume I keep a full copy of the Bitcoin client along with my BTC.
I have 3 of these thumbdrives, one I keep on my person, another is stored in a hidden location at work, and another is stored in a safe with my car title, will, emergency cash, passport, etc.
i have 4 Ironkeys with which i would like to do this exact same thing. but how did u get a full version of Bitcoin client to run off the USB? is the entire Bitcoin Directory inside the USB as well? can u direct me to an easy reference about how to load portable versions of Dropbox and Truecrypt onto the USB? this is exactly what i've been looking for. |
|
|
|
I'm replying to this thread because I couldn't figure out how to use the fallback nodes. I received a lot of help in the #bitcoin irc channel in freenode. For anyone who's racking their brain, here's what I did to get my blockchain to start downloading.
First close your bitcoin client, and in a text editor, copy the following lines exactly, and name your file "bitcoin.conf"
addnode=69.164.218.197
addnode=178.79.147.99
addnode=64.22.103.150
addnode=173.242.112.53
addnode=184.106.111.41
noirc=1
then, navigate to the place where your wallet file lives, and save your .conf file there. This will add other ways that bitcoin can connect to peers. Just doing that fixed my problem. I hope this info helps someone along the way. If your issue still isn't resolved, check by the irc and ask around.
all those nodes are from the Fallback List. is there any chance they could get corrupted or hacked? |
|
|
|
|
dark pools should be removed. they violate completely the objectives of the btc community
|
|
|
|
Hey everyone, in preparation for my talk at KPMG on Wednesday I've created a 3D globe showing Bitcoin nodes. Link:To view, you need a WebGL compatible browser. That is Firefox 4 or Chrome 9+ I think. Also your drivers etc all have to be in order. So for a lot of you this won't work. For the rest: LAUNCH 3D GLOBECredits:
Screenshot (click to enlarge): The globe shows the Bitcoin nodes by city. The height and color of the bars denotes the number of nodes from that city. Source code (the part that I wrote) will be posted shortly. Enjoy.  i don't get it. when i click on the link i just get taken to ur website and don't see any changes to it. would be nice if the globe would spin. |
|
|
|
Cuddlefish, did u hear the extensive discussion about Ubitex by Hiro White and Mike Gogulsky on Agorist Radio podcast? Congratulations! You are now on everybody's radar.  |
|
|
|
matteumayo you can use any version you like, but .21 has some new features that you may take advantage of. Like UPnP for example. To update first backup your wallet. Then download the binary or source from bitcoin.org, unistall the previous version and install the new one. Thats it. If something goes wrong you'll still have your backup wallet and will be able to restore your coins. Regarding unconfirmed coins, it may be due to several reasons: 1. Like Hawkix said, you need to wait for six blocks to be generated. 2. If it was a low amount and you did not include a fee it may be delayed, because we have more and more transactions and priority is given to big, old and paid for transactions If you download new version and turn on UPnP, your node will be better connected with the network and you should see more than 8 connections. This should help the process too how do u turn on UPnP? |
|
|
|
What is stopping from me wash trading BTC?
Nothing, since you have multiple addresses. There is nothing illegal or immoral about moving your Bitcoins between them. Really, there's nothing immoral about trading something back and forth to try to drive up price and activity for the sole purpose of taking advantage of other market participants who don't know what you're doing? you can try to do this but you could easily get screwed. as you're walking the price up or down, another trader can step btwn your paired wash sale and take you out of your planned position and you'd be stuck. this is the concept behind high frequency trading. the manipulators supercomputers can flash orders or execute a manipulated trade faster than u can blink an eye. they also can get screwed by other HFT's as well though, so its a dangerous game. |
|
|
|
what is Chase Quickpay? how does it work and whats the cost?
https://www.chase.com/online/services/quickpay.htmIt is completely free for both counterparties, but at least one of the two must bank at Chase. I highly recommend it, along with Dwolla it is a good option for trading Bitcoins. i looked at their video. looks like if i have a Chase Online acct all i need is a persons name and email and i can email them USD? i assume to their bank acct yes? |
|
|
|
|
i'm available to buy btc on Dwolla if anyone wants to trade. i want to develop a reputation as well.
|
|
|
|
the btc economy has exploded and is moving much quicker that pm businesses. much faster and easier than pm's.
the exchange price of pm's is hardly realistic with all the manipulation by JPM and GS as u know. huge distortions with all the paper pm's like SLV/GLD. we do have an active mtgox exchange. not perfect but not bad.
If the BTC economy has exploded wouldn't there be more than like 30 places on the internet that accept it? Is there a central place where we can go to new show stores opening up or accepting BTC showcased? How often do no BTC accepting stores become available? look at the btc wiki for a list. i've also come to the conclusion that a large economy might not necessary for btc to grow in value as long as the algorithm stays as is. |
|
|
|
As with any investment, there is a certain amount of risk involved. Most here believe bitcoins will appreciate in value and would advise in favor. Then again, if we felt otherwise, we probably wouldn't be here. What risk could there possibly be? One guy in here told me that BTC will have a better return than gold! it already has! |
|
|
|
You need to check out www.mtgox.com if you think there isn't ample opportunity to speculate in bitcoins. I notice on that website they allow users to trade in dark pools. This basically allows for large transactions to occur without sending a corresponding price signal to other market participants. How exactly is this beneficial to the market as whole, as opposed to those in the dark pools? Why not pay in USD? Uhhh, good question. I think the idea is that USD is an inflationary currency controlled by the government, and not many people here like the idea of their money being devalued at the whim of the government. Also, anonymity, though you already mentioned that that wasn't an important factor for you. Also, easier to do. You can send USD with services like Paypal, but it can be complicated, and you can get chargebacks as a seller, etc. Mostly it's the lack of central control - that no one else can add money to the supply at any time. It's completely secure in that manner, in that there will never be more than 21 million coins in total. I accept your opinion that USD is not a good store of value. As I said earlier, USD is basically a short-term currency for me as I am more interested in purchasing equities and commodities as stores of value. In this respect, USD seems to be a superior choice for a short-term currency because it is accepted is many more places than BTC, it is readily recognizable to basically everyone on the globe, and it can be transacted easily in physical form without a need for computerized devices. Why not pay in gold? Because not very many people accept straight-up gold as payment anymore. Because it is difficult to know the exact value of the gold you hold. Because you have to go through the whole process of selling gold, getting your gold verified, getting a goldgram, sending said goldgram, etc. Bitcoin is EASY. You just copy/paste an address you want to send bitcoins to, enter the total number to send, and bam. You're done. Not many people in countries that have been dominated by banking and mortgage markets. For example I can buy a very, very nice property in Viet Nam with a very large amount of open land for just few gold coins. The value of the coins can be easily determined by looking at central exchanges located in any number of different cities on the globe. It is not the fault of gold that Westerners do not know the value of it and I would not consider that a weak point against gold. What do you think is the best way I can trade my BTC for the same property in Viet Nam? What angle should I use? You can use a service like clearcoin to ensure the seller delivers. If they don't, you can have the funds refunded to your account. Of course, this poses a risk to the seller as well...
How does clearcoin operate and how do they verify transactions? What kind of a commission do they charge? i agree, the dark pools should be eliminated. still, btc is not a manipulated mkt like the USD or pm's |
|
|
|
A payment in a commodity that has no known exchange rate for any given time. A commodity that is very new and its future uncertain to those new to the BTC. That's long term uncertainty. Take payments in BTC, sell the BTC in the short term and make your prices reflect that uncertainty. Then, if/when BTC crashes, it won't matter. It's fairly straightforward. You expand your market by accepting more than one method of payment. Are you actually running a business that this would apply to or are you just looking for a debate? I don't own any BTC and only heard about it last week. I came here because I wanted to see what the likely economic discussions were regarding BTC and other asset classes. I DO own many USD which over the past five years or so I have been steadily trading for other things that will appreciate more, such as equities and commodities. Basically beyond paying for groceries and utility bills, USD serves basically two roles for me: to trade for gold equities and commodities, and to pay for things in the remote chance that my credit cards are declined. So as far as short-term currencies go, I am not really interested in holding things short-term unless I want to speculate, but there doesn't seem to be much opportunity to speculate in BTC. I have read some of the posts on here regarding anticipated problems concerning the longer term viability of BTC, but I am still left wondering why I should accept BTC as payment for something. If you can pay me in USD, CAD, AUD, or gold or something, then why should I choose BTC over any of those other items? EDIT: I mean it seems to me that basically it boils down to confidence in the currency to stay viable over the long-term. And since newcomers are not going to instantly understand the cryptopgraphic principles behind BTC, why do you expect that this will continue to grow? in comparison to USD, btc's will level off in supply which will at the least stabilize if not increase their value. |
|
|
|
Because you can send it instantly over the interwebz? Because you can store all your wealth on the back of a stamp? Because it isn't practical to pay someone $1 or $0.50 worth of gold, but you can pay bitcoins in any fraction you like. That's all I can think of. But mostly being able to send it online and anonymously. With a goldgram it is not very difficult for me to sell my gold for money, then send the currency I traded it for to a person on the internet. Storing my gold on the back of a stamp? Is this really WHY I should start accepting your BTC? I should do work for you in BTC because I can "store my wealth on the back of a stamp"? What is this supposed to mean to me? It means nothing. Please explain further. It isn't practical to pay someone in small amounts of gold? Sure, maybe for a buck or half a buck, there might not be a more convenient way to pay someone. But is this really supposed to allure me into accepting BTC for labor? If I need to pay someone a buck or two, I will just pay them a buck or two. I do not see what advantage BTC has over USD in this regard. What benefit is there to conducting my transactions anonymously online? How much does it cost me to generate BTC? Surely the lack of an exchange is a severe disadvantage for the currency. How am I supposed to negotiate payment in exchange for my time and labor for BTC when there is simple way to discover a price? How am I supposed to know what stores are accepting in BTC as market conditions change? It's better to accept two payment methods rather than one. Some people have gold but no BTC. Some people have BTC but no gold. You expand your potential market by accepting either. A payment in a commodity that has no known exchange rate for any given time. A commodity that is very new and its future uncertain to those new to the BTC. Those services are centralized in that you HAVE to go through a 3rd party that has absolute control over account and balance. Simply put, it's not easy to hold "digitalized" gold, and it creates a security gap. Bitcoin goes around that, since it's digital to begin with. Bitcoin also has the potential to turn into a currency as is, when gold needs that digital layer. So you say BTC is more "secure"? Tell me again why this security is so much better than trusting a DGC service, even though BTC has no exchange and prices cannot be determined by market participants nearly as easy as gold or silver. I do appreciate all of your input on this subject so far and I hope that you continue to participate in this discussion. the btc economy has exploded and is moving much quicker that pm businesses. much faster and easier than pm's. the exchange price of pm's is hardly realistic with all the manipulation by JPM and GS as u know. huge distortions with all the paper pm's like SLV/GLD. we do have an active mtgox exchange. not perfect but not bad. |
|
|
|
I have read that concerns over hoarding BTC can be alleviated by more people accepting BTC. But why should I? Why should I accept your BTC as payment for something in leiu of something like a goldgram?
Please, if you can, explain WHY. I have noticed that when discussion of gold comes up here on this forum people seem to ask pointed questions in response to why BTC is as legitimate or even better than gold as a currency without actually constructing a solid point.
Derp, i'm a fellow gold/silver bug that started buying in 2005. i am a former Goldmoney goldgram holder. i closed that acct a couple of yrs ago. hard to wire money to Jersey Island and gov't will limit expatriation of money. still own bullion but sold off a bunch to buy btc. also shorted recent silver ramp. i believe its too difficult for bullion to conduct intl trade. old concept. need digital currency to move at light speed. i'm a believer in tech and the internet. btc is a 21st century concept. |
|
|
|
I remember people complaining about how closed source GPU miners are so unfair to those mining with CPUs.
Now everyone mines with a GPU we end up with a much stronger network.
You can still have a stronger network with proprietary and open source FPGAs even if there was a limit. But if there is a limit, then you can never know if it's the strongest. Logicly speaking, any limit on the choice of tech will effectively result in a network somewhat less secure than otherwise. creighto makes imminent sense. |
|
|
|
one of the first things i do when i talk to ppl about btc is pt at Gavin and say "Princeton graduate".
Argument from authority. You know George W Bush graduated from Yale and Harvard, right? I like what Mike has done better, which is to list achievements. It's not what where you went to school, it's what you did with that knowledge afterward. understood and agreed. but when you're trying to convince someone of bitcoins legitimacy how would you respond to "Well, BitterTea does it!" |
|
|
|
Why bother? There's nothing wrong with using a pseudonym.
The only point of using your real name is to stand up and say, this is my name and I support Bitcoin. If you use a fake name and start achieving things then eventually you'll get called on it, and won't be able to reach your full potential. The transition from Satoshi leading the project to Gavin was essential for this reason: Gavin can appear in Forbes and explain what it's all about, whereas Satoshi could not.
one of the first things i do when i talk to ppl about btc is pt at Gavin and say "Princeton graduate". |
|
|
|
|
Show Posts
