People do need licenses and in fact Ireland is the best country for this. They are really fast and dont put a lot of pressure on you.
Yea, Ireland is awesome.....they made sure Full Tilt didnt scam millions of dollars.... How could have they known that Full Tilt wasn't getting the money that people were depositing?
|
|
|
Wow. I did not know international transfers were that complicated. Things like this is why more people should worry about opponents to bitcoin.
Clearly there are a lot of people in that chain making vast amounts of money and they stand to lose a lot if bitcoin adoption really takes hold.
So all these people have a clear motivation to do whatever they can to stop the adoption of bitcoin.
I've been saying it all along. This is the kind of thing that starts wars. They can't stop it anymore. It has already grown over their head. People involved in banking will adopt the better system (bitcoin) and build services around it (for example escrow). Banks that start a war against bitcoin can only loose (reputation and customers). It's wiser to adapt to the new situation. The only way they are going to make as much money as they do now with bitcoin is by speculating it in. Which generally isn't how this particular sector makes money. They make money by being the middleman. And in bitcoin there is not much room for middlemen.
|
|
|
There's a fair chance this has nothing to do with 51% and Peter Todd just felt like cashing out some coins and wanted a good sounding reason.
What the heck, why would he want a reason? Is there some sort of obligation for bitcoin core devs to keep their money in bitcoins? Do they have to publicly explain when they cash out? I don't think so, it's their money they are free to do how they like. No of course there is no obligation but all things being equal I would prefer the bitcoin devs to have significant bitcoin holdings so that their incentives align with mine. This is just what would benefit me personally(and anyone else holding bitcoin as an investment). I'm not saying that we should force people to hold bitcoins.
|
|
|
Maximus for sure. He doesn't need 300 Spartans backing him up Although I wouldn't be surprised if people vote for Leonidas since everyone here has an obsession with Spartans hodling
|
|
|
^
Do you know when the summer sale is? I'm guessing you're pretty in tune with what's going on at steam one way or the other. When the summer sale comes, what can we expect from you? Games at the same price as the sale, or no? No one except Valve knows for sure, but the best guess is that it will start on the 19th. I'll be selling games at or even a bit lower than sale price Awesome. Thanks!
|
|
|
Does anyone bet here peer to peer in the thread here? Like taking the no vig line between two people? Could save some money and use bitcoin at the same time Might need an escrow or something. It's just an idea. I've seen it happen on other websites and apart from the inevitable one person scamming(can just find an escrow) it does save people money on the lines. Hey - check out the recently launched betmoose.com - you can 'house' your own bet (which you can do with us), the site only takes 2-2.5% (basically free) and only deducted from payouts. It's P2P and we have a trusted 2-tier resolution system since we act as the escrow. Let me know if this is what you're looking for! Not exactly(no vig), but 2-2.5% is quite good. Looks interesting. Thanks.
|
|
|
Things like this is why more people should worry about opponents to bitcoin.
Clearly there are a lot of people in that chain making vast amounts of money and they stand to lose a lot if bitcoin adoption really takes hold.
So all these people have a clear motivation to do whatever they can to stop the adoption of bitcoin.
I've been saying it all along. This is the kind of thing that starts wars. You're right. Modern western civilisation has had many wars fought over much less. The big difference here is that there's no one opponent for them to target. They can target the network via a 51% attack, or maybe target developers or something. But overall they can't win. They can do a lot of short term damage though.
|
|
|
It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity, but to their self-love. - Adam Smith
|
|
|
What's wrong with milibits and microbits?
It's all pretty straight forward to me. I don't see why everything has to change. It's always been mbtc, ubtc and satoshis.
Why all the hate for the old school methods?
|
|
|
I would love it if this happens. PP needs knocking down a peg or two. They need to rethink their fees and I hope bitcoin forces them too.
their fees are high because they either destroyed or bought their competition.. that's capitalism for you. It's not only that. The fees are high because of what it costs them. You can see it in what happened to Dwolla. Dwolla thought that they could come in and undercut PayPal. But then they found out that it's a lot more complicated then they thought and basically became just another PayPal. I hate PayPal but it's the underlying system that's really the main issue.
|
|
|
Things like this is why more people should worry about opponents to bitcoin.
Clearly there are a lot of people in that chain making vast amounts of money and they stand to lose a lot if bitcoin adoption really takes hold.
So all these people have a clear motivation to do whatever they can to stop the adoption of bitcoin.
|
|
|
In an Armory tutorial on youtube Andy said he useing ubuntu. But not much into why he did it. When searching Im most finding installation problems. Perhaps I can do a better search. But how come its better to use it when even if the computer is cold? A cold windows computer should be that secure as ubuntu?
Linux is open source with a world class team of programmers behind it. It's generally a lot more secure than windows. Almost all malware targets windows directly because that's what most people use. It might be ok to use windows if the computer is cold, but it's still riskier in general.
|
|
|
-snip- What if I created a account with my name on blockchain and there I've my only one BTC address, still it will be my main one.
You can do this, but you should make a new address for every time you get some coins. Its not like you have to. May I know why ? Off-topic :- Your PD signature is messed somehow, the two blue lines are taller than the in-between sentence. I like to do it keep everything separate. I can see which addresses received what funds from where just by looking at whatever address received the coins. If i gave address x to someone and it gets a 0.5 btc I know where it came from. That's one reason anyway.
|
|
|
If they are going to torture you does it really matter? I'm assuming they know you hold bitcoins already. So you can encrypt anything you want, but you'll just end up either giving your life to protect your coins or decrypting it all anyway.
|
|
|
I still can't send anything lower than 0.0001 no matter what. The software says the network won't accept anything lower than than even when i change it in the python file.
|
|
|
Lots of countries and providers are very tight when it comes to bandwidth.
For most people the only realistic option is to rent a private server and set one up that way. But a lot of people don't want to do that.
I've seen some people who have extra servers donate them as full nodes. I guess one problem is the lack of compensation.
|
|
|
Banking is necessary; banks are not. – Bill Gates
There was a period of remorse and apology for banks and I think that period needs to be over. – Bob Diamond
|
|
|
Does anyone bet here peer to peer in the thread here? Like taking the no vig line between two people? Could save some money and use bitcoin at the same time Might need an escrow or something. It's just an idea. I've seen it happen on other websites and apart from the inevitable one person scamming(can just find an escrow) it does save people money on the lines.
|
|
|
Litecoin has no usage and no unique feature.
Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Is there any indication of this? Is there any indication that the people involved in Litecoin are doing anything at all? It looks like their just content to sit on their hands and do nothing while the rest of the world passes them by. I thought litecoin was alright back in 2011. I mean, hey, why not? Silver to bitcoin's gold. Alright. It's nice to have a back up with a different hashing algorithm. But now?
|
|
|
Paypal when adding BTC
never, im pretty sure. there is simply no need for them to make such a move. would you add bitcoin if u were to be CEO of paypal ? i think not Why not? Why wouldn't they add btc just like they would add any other currency? The CEO was just on record saying he OWNS bitcoins. So he can learn about them.
|
|
|
|