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23381  Bitcoin / Bitcoin Discussion / Re: MasterCard Exec: ‘Bitcoin Doesn't Really Work in Today's Environment’ on: October 09, 2015, 02:29:24 PM
What we lack in tps,

mastercards tps is actually less then you think. this is because their databases are separate. not only based on currency but also country.
now if we were to say BTC was for america, feathercoin for UK, litecoin for europe and another 200 coins for each country of the world.
then you will see that the total tps potential of blockchain technology vs individual mastercard databases are the same. if not blockchain tech surpasses mastercard.
23382  Bitcoin / Bitcoin Discussion / Re: Bitcoin blockchain size sucks let's restart and do swap on: October 09, 2015, 02:24:01 PM
stupid idea, impossible?...say what do you think

go start your own coin and see if everyone moves over to your new coin.
.. wait..
thats been tried 400+ times already and bitcoin is still in the lead..
23383  Bitcoin / Bitcoin Discussion / Re: Bitcoin friendly Fidor Bank launched UK operations on: October 09, 2015, 02:18:27 PM
The bank is offer account in GBP, I do not see there Bitcoins.  Grin They also offer transfer to EUR  Grin

what it suppose to highlight is that if you linked your account to a bitcoin exchange such as bitstamp, localbitcoins, btc-e, etc... the bank wont flag you as dodgy just for linking to such bitcoin services
23384  Bitcoin / Bitcoin Discussion / Re: blockchain without bitcoin on: October 09, 2015, 02:15:18 PM
the blockchain can exist without bitcoin.

400 altcoins prove this.

but bitcoin/altcoins cannot exist without a blockchain
what about another blockchain wannabe sites?  Grin

if you mean ripple, if you mean stella, nxt, etc.. most of these are actually SQL databases just pretending to be blockchains..
but they are a whole different issue and much more closer to what fiat is, than a blockchain

but either way the point is that a blockchain such as litecoin does not have a single bitcoin attached to it.
neither do the other altcoins that have a blockchain.

thus, as i said.. a blockchain does not need bitcoin because it can use any token/coin.
but bitcoin wont exist without a blockchain
23385  Bitcoin / Development & Technical Discussion / Re: Feature that should be added on: October 09, 2015, 01:49:24 PM
Under file it should have "Write offline transaction" and "Put offline transaction online" or something along those words.  Already has sign/verify message, sweet feature.

maybe a donation to pay for their time would sway them to divert resources away from security and onto user-friendly.

Really Franky .... We should not encourage bribery as a method to influence Bitcoin development  Wink Or should we sell out to the highest bidder, when crappy ideas pass their table?

spazzdla - The whole idea with a online network, is to process transactions on the fly on the Blockchain in real time.. If you want to do that, rather go for a off-chain solution like Xapo, where you can do as many

transactions as you want, and only pay a fee when it goes on-chain.  Roll Eyes


its not bribery.. its realizing that if its something you cannot do yourself (submit code to the github), then you pay someone to do it for you.
otherwise demanding people do something without payment, is a form of slavery.

'bribery' is to coerce, 'payment' is to pay for services offered.

i agree that the fundamental security of the network protocol should not be a matter of financial debate. but secondary features that do not affect the network, and would take the dev teams time away from the fundamentals. should be paid for
23386  Bitcoin / Bitcoin Discussion / Re: Bitcoin friendly Fidor Bank launched UK operations on: October 09, 2015, 01:38:15 PM
you are hero and you should know that posting referral links is not allowed here in the forum.

says the guy with a referral link in his footer.. 'pot, kettle, black'
23387  Bitcoin / Bitcoin Discussion / Re: sending bitcoin to users in china on: October 09, 2015, 04:06:33 AM
i received some message from legendary users here from the forum, who offers to do all the chain, from receiving the bitcoins in his wallet, and delivery the yuans for a tax of 0.25%. it´s almost what i need. i need to design a supply chain from my wallet to the chinese bank account whoit nobody in th emiddle its that possible?

you will receive many messages from people. greed is a big thing and as soon as you mentioned sending alot of bitcoin. greedy people will make many promises to you.

the safest way is to tell your friend who will receive it. to send you his bitcoin address and you send the funds to your friend (NOT strangers you meet on a forum).

then tell your friend about
local bitcoins
btcchina.com
and the many other exchanges that he can link his bank account, to receive the funds.

most exchanges and services do not like you to give bank details of another person. it is best you let the bank account holder do the exchange.
23388  Bitcoin / Development & Technical Discussion / Re: Feature that should be added on: October 09, 2015, 02:38:57 AM
Under file it should have "Write offline transaction" and "Put offline transaction online" or something along those words.  Already has sign/verify message, sweet feature.

bitcoin-core is 99% about protecting the network by decentralising the blockchain.. so features will be a secondary thing.

much like banks SWIFT network has nothing to do with Visa's contactless NFC features.

but if you want the feature added to bitcoin-core, there is nothing stopping you talking to the dev team.. as im pretty sure that comments on this forum dont really register on the dev teams radar as a place to get feature requests..
plus because it's not really essential to the security of the network, maybe a donation to pay for their time would sway them to divert resources away from security and onto user-friendly.
23389  Bitcoin / Bitcoin Discussion / Re: No One Cares About You on: October 08, 2015, 03:59:05 PM
listen up i want this thing to be mainstream before i get somekind of dementia or cancer or parkinsons can you hurry up and make this thing go global before i become a wrinkley old man that will have to depend on the state for care and you all know how "care" is provided on the taxpayer dime... coverups, excuses, selfish staff, all for 1 and 1 for all, dehydration, malutrition, doctor shipmans, sociopaths, diseased hosptials, chav patients, druggies n thugs etc 

Just stop for a second think about this... you're in a taxpayer hospital completely dehydrated you can't speak but there is a glass of water next to you you can't move you can't speak the only way to survive is to depend on someone else to feed u that drink the helplessness the agony you won't know what it feels like until it happens to you... NO ONE IS INVINICBLE eventually our days will be numbered the time for preparation is now.

when i become a wrinkley old man the bitcoin i hath accumlated will be more than enough to pay for private care the vermin public are the reason i have to wait 2 years for an operation but privately can be done in a week or so listen up....

get all the bitcoin you can bitcoin will save your life in the future armen

you know that bitcoin is not a person right? .. bitcoin can only grow if YOU help it. so dont sit back and wait for others to grow bitcoin.. do YOUR part too
23390  Bitcoin / Bitcoin Discussion / Re: MasterCard Exec: ‘Bitcoin Doesn't Really Work in Today's Environment’ on: October 08, 2015, 12:38:52 PM
Hardly a shock that Mastercard aren't feeling positive about bitcoin, why would they? Bitcoin is a threat to them, they're not going to promote it Grin

but by talking about it. they are promoting it..

EG if you didnt care about an invasion of ants.. you would not talk about it. it just wouldnt be something that even came to mind to mention. but by mentioning it even negatively, people will want to seek out ants. and be on the look out for them
23391  Bitcoin / Bitcoin Discussion / Re: MasterCard Exec: ‘Bitcoin Doesn't Really Work in Today's Environment’ on: October 08, 2015, 12:34:17 PM
There is no such thing as Bitcoin 2.0 it is just a marketing scheme.

Ever hear of smart properties?

bitcoin is bitcoin. anything else is just an altcoin (using different ledger/chain) or is just a third-party service treating certain satoshi's as a representation of an asset. but that does not make anything a bitcoin 2.0
23392  Bitcoin / Bitcoin Discussion / Re: MasterCard Exec: ‘Bitcoin Doesn't Really Work in Today's Environment’ on: October 08, 2015, 12:30:31 PM
MasterCard has been feeling the heat of Bitcoin for over a year now. Bitcoin has become big enough worldwide so that it can no longer be ignored as a viable payment option and currency. In a state-of-the-business interview with the International Business Times, Ann Cairns, president of international markets for MasterCard was asked directly about Bitcoin and how it compares to MasterCard.

Here is what he said :

Quote
"Bitcoin in its current incarnation is slow in the sense of being able to do a transaction and have it properly authenticated, which can take quite a few minutes. It doesn't really work in today's fast-paced shopping environment; even more so in train stations and so on when you have got millions of people trying to go through turn-styles – there you need real-time, instantaneous authentication, and delivery.”

Full article : http://cointelegraph.com/news/115390/mastercard-exec-bitcoin-doesnt-really-work-in-todays-environment

Come on guys , tell me what you think about this  Roll Eyes Pretty sure you have a lot of stuff to say .

but mastercard doesn't authenticate instantly..
infact most people dont see funds disapear from their bank account for upto 3 days..

what mastercard does is guarantee the merchant upto $100 when customers use contactless technology.. so it doesnt matter if there is no funds in the bank account of a customer. mastercard just hits the customer later on when they get their statements, with charges if funds were not available.

these days it is not cheap to buy a ticket at the turn-styles and alot of people pre-buy tickets or even buy season tickets. even bitcoin can buy these without issue and the customer can store the receipt on their phone which turn-styles then reads. so i see it as a non-issue. unless you just dont care about costing yourself extra money, in which case stick with mastercard and be afraid of card cloning or NFC readers (21st century pickpocketers)
23393  Bitcoin / Bitcoin Discussion / Re: How do you feel about the negative reputation of the bitcoin currency? on: October 08, 2015, 12:01:11 PM
Meh, we enjoy freedom and privacy, but the 3 billion-dollar question is, do the governments, banks, and the media respect it? No, no they don't. As long as they can get something into their pockets, they don't care what reputation they might damage just to get their goals. And do they think that bitcoin is the only money that is tainted with illegal activities? They're just blinded because fiat has a lot to offer to them, and has a lot of potential to make them rich.

My thoughts? Illegal activities are diverted towards bitcoin and is stressed upon while the wrong-doings in fiat is just ignored by the masses because of the governments, banks, and the media.

wouldnt it be great if on the year MTGox went down. media told the world about mtgox. but also stated the amount of police reports that were filed that year of people around the world being pickpocketed on the streets, debit card cloning and where people lost fiat due to bad wall street investments. reveal the number of police reports of people paying fiat to scam artists for timeshares, etc.
23394  Bitcoin / Bitcoin Discussion / Re: This is why people "despise" Bitcoin on: October 08, 2015, 11:43:18 AM
The problem is not with the Bitcoin protocol or the technology, it's with human failures and greedy people wanting to get into the action quickly, and setting up half ass businesses

with no support services. Bitcoin cannot take the blame for every Tom/Dick and Harry who open shop and give bad service.  Huh If you get bad service from a bank, will you stop

using the fiat currency, like the dollar or the pound? Nope... Blame the service not the currency.  Roll Eyes
i agree 100% with this post
23395  Bitcoin / Bitcoin Discussion / Re: blockchain without bitcoin on: October 07, 2015, 12:48:58 PM
the blockchain can exist without bitcoin.

400 altcoins prove this.

but bitcoin/altcoins cannot exist without a blockchain
23396  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Q&A on: October 07, 2015, 12:45:48 PM
to me ripple does not have the 'feel' of a blockchain. its feels more like an sql database.
if it actually is a blockchain then it would be defined as a private blockchain.

i know many people will start linking ripples white papers to try proving that it really is a blockchain. but from a outside world prospective, the features of what a blockchain is and does aswell as the benefits of such are lacking in regards to user interaction. and it just feels too centralised to me
23397  Bitcoin / Bitcoin Discussion / Re: In your own words: What is the purpose of Bitcoin? on: October 07, 2015, 07:23:17 AM
the short version to explain to naive people is..

digital gold.
reasons:
1. limited supply
2. transmittable without need of a physical safe/bank
23398  Bitcoin / Bitcoin Discussion / Re: Satoshi is back ? on: October 07, 2015, 07:15:37 AM
Is Satoshi a SHE or a HE or a Team?

It's a mystery still.
But Satoshi is not a team name.
But some bitcoin early developers hide their identity. Later they are altogether refereed as Satoshi. In that group, there are chances for both the genders.


your first statement contradicts your second statement.

if you done any research youwould know satoshi is a single person and people that were arround in spring 2009 such as hal finney ans sirius never refered to themselves as 'team satoshi' or satoshi..

neither did the pre-2009 release group of people on the other forums refer to themselves as team satoshi.

satoshi is none of the names such as hall, sirius, wei, nick, etc.. satoshi is a sole entity, not a group.
23399  Bitcoin / Bitcoin Discussion / Re: Do you believe we need more ways of advertising Bitcoin currency? on: October 07, 2015, 06:46:28 AM
mascots:
yea we all know about the dogecoin dog.. but it really has not helped dogecoin grab any retail presence.. it is just a gimmick.

ambassadors:
just one famous face.. nah.. even Mcdonalds customers got bored of seeing bieber. the only exception was justin timberlake who introduced the "ba ba ba, ba ba. i'm loving it". but even he is no longer the ambassador for mcdonalds. and most people cant even remember seeing him being the pioneer of that phrase

what needs to be done is this:
bitpay, coinbase do an applepay style advert. but only after getting some high profile retailers onboard. then they can show how easy bitcoin is to use for customers, while also advertising their retailers.
23400  Bitcoin / Mining / Re: The fee income is the future for bitcoin on: October 07, 2015, 06:22:01 AM
That is a lot of but's and if's We hope to see a increase in transaction volumes, but we need massive adoption for that kind of transaction volumes. I also think most pools will combine efforts to get those 50 Btc blocks and the smaller individual pools will be pushed out of mining.

Let's hope the adoption increase enough to surpass the block rewards, long before it reach zero.

a 50btc txfee total is at the moment 0.012btc a tx.. (50btc/4200tx), lets average it to 1200txs of fee paying users = 0.04btc (over $9/tx)
who would pay $9 a tx right now to give miners a 50btc tx reward if block solving reward stopped today.

even in the future of 20mb the average customer usage and voluntary addition of a fee (cos not all blocks are filled and not everyone wants to pay) would be 45c at current btc price.

even if bitcoin went to $1000 a coin when the 20mb block limit was in place and every byte of the limit was filled with tx data, and every tx had a fee..

50btc/84,000tx =0.00059524btc/tx = 60c/tx

i think 50btc tx fee reward per block at any fiat price is asking too much.. i think the bases of keeping bitcoin active and useful would be a 1c/tx fee..
which based on a full 20mb limit and all users paying a fee. and btc value being $1000 each would be a 0.84btc total reward... definitely not 50btc.
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