one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.
I think this may translate into BTC.
That's garbage, that'd imply their stock markets would only go up, never down. look your right with stocks, but property, I have yet to see that fall, it just levels out or falls a really little bit for a while then climbs again. |
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one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.
I think this may translate into BTC.
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its probably going back to $150, just don't sell, hold for 5 years and they will be 50 - 100K by then
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when I look at the sell wall there seems nothing to sell after $500 to about $1000+ as if no one is selling??
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Apparently its always that time.
Much to the chagrin of all my "expert" financial friends, who are bewildered and confused.
this exactly the "experts" just can not comprehend that you can actually make money and have competition in currencies, and that share trading, geting paid for a job in fiat is just moving fiat around, not making/issuing money. |
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just want to be in this thread
historic moment
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Could apple or microsoft put in some code into their OS that grabs you private keys at the point of decryption from a memory read and send them back to the mother ship, or you entered password for you encrypted wallet and they send that and your wallet back....all without you knowing. Or would they get a few people then it would be figured out and some sort of fix.
Eg some coder in one of the large corps just decides to insert this code and obfuscate it.
air gaped would defeat, but maybe not as the signing event, could trigger some sort of insert vector to a connected USB, that captures the password.
Well assuming coder can do that he could also grab all bank and CC info, logins to stock trading accounts etc. So why steal BTC. because who exactly is going to know or sue or identify him/her. Bank account much more traceable. |
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"You have the right to issue currency"
"The inalienable right to issue currency"
"Personal and inalienable right to issue currency"
hmm not a bad slogans
"freedom of currency competition"
"issuers rights"
"fiat freedom"
and by right, I mean as extensive even to "counterfeit" as this proves that currency is useless anyway.
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I find it hard to repatriate any BTC into fiat. Diversifying into PPC, LTC, XRP, EMU ok that I can do.
But going back to FIAT, i mean the gov's can just print and unlimited amount, that makes even XRP's 100 Billion not look so bad.
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If you're using a standard 1XXXX... address? Absolutely. "I control my own machine" is a fundamental assumption in normal use.
If you're using multisig addresses with physical separation of keys (e.g. your computer signs the transaction and sends it to your phone, your phone co-signs and submits), this attack is defeated unless both systems are compromised by the same attacker. The code to support such addresses was committed to bitcoin-qt over a year ago (it's why some addresses look like 3XXXX...), but support for the process itself is thin on the ground.
Of course, from a practical perspective, airgap-jumping attacks are generally targeted at a known configuration. If someone is deploying that sort of attack against you, they can probably break into your phone too.
air gap attacks you would just have to know os + usb, thats pretty much down to osx, win for a lot. Your multi sig would make it hard if you you used 2 different USB as the two sig data's would never be exposed in the same time frame. So that would be a very hard to attack this. essentially you would need 3 computers. |
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basically you have to hold PeerCoin, lite coin, btc, XRP and soon Emunie
to diversify your risk.
I think that Peercoin will overtake litecoin, and even maybe btc, as peercoin strikes at store of wealth.
Why overtake? Peercoin is just a duplicate of Bitcoin right? no its by far nothing like a duplicate PPC uses POS + POW not POW. The POS some argue make PPC much more suited to a high value chain. BTC may take up alot of M1, but PPC may take a portion of asset value eg gold, forex, balancing the nightly etc. In any event you own research is recommended |
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I am very comfortable with 1.7x release and before, is there any reason to upgrade, where is the change log summary
and why was the .dat format abandoned?
thanks in advance
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Could apple or microsoft put in some code into their OS that grabs you private keys at the point of decryption from a memory read and send them back to the mother ship, or you entered password for you encrypted wallet and they send that and your wallet back....all without you knowing. Or would they get a few people then it would be figured out and some sort of fix.
Eg some coder in one of the large corps just decides to insert this code and obfuscate it.
air gaped would defeat, but maybe not as the signing event, could trigger some sort of insert vector to a connected USB, that captures the password.
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basically you have to hold PeerCoin, lite coin, btc, XRP and soon Emunie
to diversify your risk.
I think that Peercoin will overtake litecoin, and even maybe btc, as peercoin strikes at store of wealth.
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you need quite a mix of skills to understand bitcoin, eg fraction reserve banking, CRR, and IT, programming and crypto.
It was only because I had actually studied fractional reserve banking and the Law of banking, programed and use extensive cyrpto as well as fabbed some chips from scratch, when I heard about that last point asics were being made I purchase btc on that same day.
I can fully understand your point it is really hard to understand as 99.9% of the population are used to state issued currency. You have to explain that individuals should have the right to issue currency its just too hard for them to comprehend.
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hang on but M1 is not what btc is looking to replace, more like finical instruments etc, that a much bigger amount than M1.
Given we price companies in currency eg, apple IBM etc etc, and we are making a currency here, I don't see why BTC will be much Higher than 1T.
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PPC/XPM mechanisms are not just derivatives of BTC but have completely different mechanisms to BTC and each other. Accordingly they are Class Currencies. Subclass currencies are one that are not derived from the overarching class concept
List of class currencies BTC is a class currency being the first of its type and POW secured PPC is a class currency POS secured XRP is a class currency (Ripple consensus) List of sub class currencies XPM is a POW subclass class currency twin conjecture NXT is a subclass/Class currency being POS however this is border line as it maybe a class as it has many other different features Blackcoin, subclass of POS BitShares family:Need more info, likely POS subclass, and perhaps DPOS? (is it?) this may also be borderline and a class currency for reasons simlar to NXT http://bitshares-x.infohttp://bitshares.orghttps://bitsharestalk.orgLTC is an alt of Tenebrix etc, subclass POW, scrypt. Under Dev emunie is a class currency NEM POI, this looks to be a new class curency. post any other class / subclass currencies in this thread |
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PPC is not an alt currency its a class currency,
that is a different type not just a derivative
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only white list trading legal would all the govt needs to do if transfers not anon.
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