OP is 100% correct. Bitcoin works as a payment network, sure, but it's really not the best payment network from a practical point of view. What Bitcoin is best at is being a kind of vault for the storage-of-value that has never been seen before. You can keep your millions in your fucking head!

Bitcoins are secured by math and yet so many of you want to use it like a glorified Visa/MasterCard/Amex.

I used to look at a metric called Cost per transaction which is the daily mining revenue over the number of transactions that day. When the Cyprus bubble hit this metric went way up which only proved to me that the value in Bitcoin isn't in payments. You would expect with further use that that number will go down so it can "compete" with Visa, etc. Instead that movement showed that this beautiful thing is a store-of-value first, and a payment network second.

Hold.

My question for those that have watched the markets is, how do shorts react to this type of increase. Do they get fearful of putting in more shorts or do they just think what goes up must come down and increase their short interest? Hopefully it's the first.

Since it's a volunteer effort, I would imagine having someone check your translation is a lot easier to
get a couple volunteers for than to do the translation in the first place. Does the translation site require
special access to review the translation?

Is there a list of alts that have been banned in this thread?

Where can I read more about how auto escrow would work or can you give a quick explanation of that?

It's a virtual certainty. It makes the most sense for it to be integrated into dogetipbot because dividends paid to token holders would be paid in doge.

You mean there can be a max of 10 billion of any token including XDP in Dogeparty? What is that limit in Counterparty?

Panic sell all they want. It looks like $500 is too low to be tolerated by people with cash.

Dogeparty is good for Dogecoin but it will not save it by itself. They also have to merge mine with Litecoin. Normally merge mining would seal the fate of the currency as miners would get lots of doge for free and mostly dump it. Dogeparty could give dogecoin some value just as the dns use case gives namecoin some value.

Dogeparty is then something that shibes should really jump on and have a great time with. Already they've created tons of funny tokens. Once the novelty runs out, I think we're going to see them incorporate it into all the interesting charity and content creation that they do. Artists are drawn to doge so I can see musicians, writers, comedians, and others doing their crowdfunding through dogeparty. It seems lots of shibes think people are burning money to help the price of doge but that's only a temporary side effect. I purchased doge specifically to burn it.

Where does that leave Counterparty? Just as Bitcoin is the serious big brother to Dogecoin and even to Litecoin, Counterparty will be what serious interests use for tokens that require stronger security and more liquidity.

So I think it's good and have an equal investment in xcp and xdp. xdp has a higher chance of failure on the technical side but a better chance at being known in the important market segment of content creators. If things go south with dogecoin but dogeparty is used widely, they could switch over to Litecoin. Interesting times.

It's probably not possible to show other's online status unless the user wants to be visible. To be sure, they'll need to increase the btcpay(dogepay) confirmation time. 20 blocks in bitcoin is like 200 in doge.

I'm sure they did because you can see it's forked on github. With this community however, dogewallet may become the upstream.

The private key format shown by dogewallet.io doesn't work with any of the paper wallet generators. I think they've got a version number screwed up on that but can't tell. People are obviously able to send out from dogewallet so the private keys are in there. I'm copying them down anyway in case there's some way to translate this encoding to the standard one later.

Hmmm. Are they running an old client? Otherwise, they are praying to the XCP gods.

Don't listen to people who don't know science. Beer would boil in space. You would boil in space. It won't be pretty in space.

However....

If you are in your climate-controlled space capsule, it'll taste just fine as long as it hasn't been skunked.

Your own privacy is the main legitimate use. People use exchanges (though exchanges aren't in love with this unless they charge withdrawal fees), any other service that allows deposit and withdrawal like gambling sites, and there are specific mixing services. If you chain a few of them together through users you created over TOR, that should acheive about the best anonymization that you can get.

Thing is, you'll always want to be mindful of what information you're sharing when you spend and which unspent outputs (if more than one) are being combined. When funds sent to more than one address are sent in the same transaction, this typically links those two addresses as having been controlled by the same sender. Coinjoin attempts to weaken that linkage. Basically you can be as anonymous as you want according to the amount of work you want to put into it.

Financial privacy is basically the same thing as trying to be anonymous though you don't have to be as rigorous.

One does not simply flush out the "To the moon" crowd. One does however keep educating the uninitiated and building the infrastructure.

Can't. Stop. Laughing.

Sorry to both of you though. Please learn to love all people.

There will be no censorship but I'm sure there'll be a way to filter the NSFW stuff out. Looking forward to trying it out (over TOR).

There are a few things this question can mean.

1) Concern about lost btc due to theft

If you don't have good computer security and backup, you can lose your bitcoins by someone copying your private keys and sending the bitcoins to another address.  Also if your computer's data is lost and you don't have a backup, you'll never be able to get those private keys again and though you can still look at the bitcoins sitting on the blockchain, you'll never be able to move or spend them.

2) Concern about losing btc due to fees

Sometimes people have used rather high tech tools to make their own Bitcoin transactions. When using these tools (like brainwallet), if they don't understand how a transaction needs to be built not to lose money, they end up with big fees sent to the miners. The explanation on this is that each Bitcoin transaction takes a set of inputs and makes some number of outputs. The inputs are the money you have and the outputs are where the money is going. If the outputs don't add up to near the amount of the inputs, the rest goes to miners as transaction fees.

So typically when things went wrong, someone spent a 1 btc input and only made one 0.1 btc output for example. In this case, the other 0.9 btc have to be spent (since inputs must be spent completely) and they go to miners. In many of the higher profile cases, the mistake was remedied by contacting the pool that earned those fees but since miners may be anonymous, there is no guarantee that the coins will come back to you.

An outright fake transaction would not be accepted by any Bitcoin nodes and would not be propogated through the network. Only valid transactions (multiples of them that spend the same unspent transaction outputs) pose any threat of theft.