They didn't make investing attractive enough. If a certain investment would give you the right to wipe a county of you choosing from the face of the earth I would think about it  |
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@the two guy before me.
We have a poll function for this. It's not necessary that everyone posts his opinion.
BTW. this has probably been asked before, but why has OgNasty "leet" posts?
Or is this a joke from theymos and he currently has 1337 Post and it will be gone as soon as he posts again?
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I know a few lawyers.
It seem that many of them get the thinking that the "state sets the rules and we have to obey them no matter what" washed in their had during study, or that studying Law attracts this kind of people.
Every single one of them that I explained Bitcoin to is greatly offended by the idea that there is a currency that can't be controlled by the government.
Luckily there are exceptions, idealist lawyers. But they are rare.
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So the transaction is signed with A's private key and now everyone knows the private key for address A.
No, you Private key is still a secret. When you know the public key (BTC-Adress) you can proof that a message has been signed with it. For more read: http://en.wikipedia.org/wiki/Public-key_cryptographyYou Address A is still good. |
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I'm don't have a bitinstant account yet.
But I would like to test this, too.
So I could be the middle man. What would I have to do?
r9RpJFpD6vkKhgHhrRjkgofSbNsE1oYFZ1
Edit: Added Monecular for 5 UDS but I can't add grondilu, reason "account doesn't exist"
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I still don't get it completely.
I call it a day and try to wrap my head around Ripple tomorrow.
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... ich habe bei dem giveaway-thread doppelt erhalten. Ihr auch?
Nö. Meno  Hab aber ehrlich gesagt noch nicht ganz kapiert wofür man XRP eigentlich braucht. Es wurden mir bei jedem hinzufügen ein paar abgezogen. Bisher 0.00013 also nicht wirklich relevant. |
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OK, so langsam blick ich ein bisschen durch.
Ist aber doch schwerer zu verstehen als Bitcoin.
Das ganze wird interessant, wenn die ersten Exchanges wirklich Ripple implementieren.
Z.B. Ich habe bei Bitcoin-24 bereits für über 2000 € BTC gekauft. Und bin dort mit meiner Identität registriert.
Bitcoin-24 vertraut mir jetzt sagen wir mal mit bis zu 1000 €.
Somit kann ich dann dort für bis zu 1000 € Bicoins kaufen über Ripple IOUs.
Wenn jetzt jemand dort seine BTC für € verkauft, der mir in Ripple mit bis zu 500 € vertrauen würde, könnte das direckt mit meinen Bitcoin-24 IOUs verrechnet werden.
Das kann sehr gut Liquidität zu unserem Netzwerk geben. Und die Exchanges als die große Schwachstelle etwas entlasten.
Wirklich interessante Sache.
Wenn mich einer hinzufügen will: r9RpJFpD6vkKhgHhrRjkgofSbNsE1oYFZ1
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Works fine:  |
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Thx bbit. Recived you XRP. I have to confess, I still don't quite get it  Edit: Oh, they where from Bitobsessed. Now I have to fix my address-book. |
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I really missed those statements: ...best known for enabling online drug deals, gambling and other illicit activity.  I hoped we where past this. |
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Bitcoin's New Bubble: Digital Currency Now Trading at $30
For the second time in Bitcoin’s history, the digital currency has surpassed an exchange rate of $30 per Bitcoin.
The exchange rate is a significant milestone for the four-year-old currency best known for enabling online drug deals, gambling and other illicit activity.
Since August, the decentralized currency has received numerous stamps of legitimacy, including the first-ever Bitcoin bank and the ability to pay for pizza with Bitcoins. Not to mention, it is now accepted as a form of payment for advanced features on popular blogging platform Wordpress.com.
"The price increase is at its core driven by improving fundamentals: good press, massive bitcoin adoption, less inflation and weak government-issued currencies," said theymos, moderator for Reddit's r/Bitcoin forum.
The Bitcoin exchange rate has risen steadily since last summer, when it hovered at about $4 per coin. It peaked at $35 in the summer of 2011, according to BlockChain. But that bubble quickly burst, and the value of a Bitcoin plummeted to $2.51.
“It is hard to say for sure why Bitcoin crashed the way it did,” wrote The Economist at the time. “One plausible hypothesis holds that the currency's rise was the result of a speculative bubble” caused by worldwide media coverage of Bitcoin’s rise.
News of the $30 rate has been a hot topic on r/Bitcoin over the past week, with users debating what the milestone means for the Bitcoin community.
"The USD is crashing but nothing nearly as dramatic as the BTC price rise. This is another bubble, just like the one in July 2011," insanityfarm commented in a thread on Feb. 13. "I'm only focused on the long-term, say 10 years out or more. I expect BTC will become a lot less volatile over time, and continue to increase in value as more people use it."
Theymos believes the future of the currency is still uncertain.
"The market still doesn't have a lot of depth, and the exact price is still determined mostly by speculation," theymos told the Daily Dot.
"I wouldn't be very surprised if the price quickly increased or decreased by $10. A higher, increasing price may attract more investment in Bitcoin businesses, which is good for the community. These milestones also generate news articles, which bring in new users. Bitcoin is a lot more than just the price, though; I'm much more interested in the innovative new Bitcoin sites that keep being created."
Short article so I quoted it compitly. Source: http://mashable.com/2013/02/22/bitcoin-trading-at-30/ |
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I read your post sufficiently to note that you do not understand the concept of a hard fork, if you think we've already had one. Even the combined output overflow bug fix, which lead to the longest chain fork in bitcoin history, cannot be considered a hard fork. Vulnerable clients were able to remain on the network, after the bug was "healed." This would not be the case in a hard fork. The only difference to an actual hard fork and the example I gave was that the client in my example was not called Bitcoin-QT. Nodes using this client where able using the Bitcoin Blockchain until the point where the first 25 BTC Reward was found. That's the point where they where not able to accept Bicoin Blockchain Blocks anymore and a spilt occured. Also I only wanted to show that that doesn't mean a 100% infaltion. For this the example was sufficient:
That's not the first hardfork. Not even in recent times. Remember the reward halving. There was made a fork by some where the reward didn't halve.
So this was a 100% inflation immediately, too? OMG!
I'm sure you misunderstood me here. / Read more in my post than what I was trying to say. But I thought that the combined output overflow Fix was one. I wasn't around at this time and from post referring to this issue I gained the Impression that old version would indeed not accept Blocks after this fix. So I was wrong there. |
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Yup, doesn't load for me too. Just when I wanted to jump in and try this out.  We have the network in a very paranoid mode still where if it thinks anything might be wrong, it stops things and preserves state. The server handling normal client queries thought something was wrong. The error has been cleared. We are prioritizing protecting assets over availability at the moment. It's OK. I'm still in figuring this out mode, anyway. And security should always have priority. Ok, I'm now adding most of the posters of this thread with "can afford to loose" trust amounts. Lets play around a little bit.  If you want to trust me back: r9RpJFpD6vkKhgHhrRjkgofSbNsE1oYFZ1 |
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I must confess, I use youtube almost daily and I didn't even know they have ads now, until I read this thread. |
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Yup, doesn't load for me too. Just when I wanted to jump in and try this out. |
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That's not the first hardfork. Not even in recent times. Remember the reward halving. There was a fork made by some where the reward didn't halve.
Wrong. Mining a side chain for a small amount of time is not a hard fork. A hard fork is where it is impossible for older clients to continue with the new bitcoin, without a software upgrade, because they would find some post-fork detail invalid (when it should be considered valid). We still have many older clients on the network, verifying the chain. Sure, I didn't say any different. But you are wrong here. The example was a fork. It is build on the Blockchain until the point of the halving. In was impossible for older clients to continue with the new bitcoin, without a software upgrade, because they would find some post-fork detail invalid (when it should be considered valid). It just wasn't successful. Or is it only a hard fork if the core developers change something on the protocol? Did you even read my post? |
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Mit dem update auf 0.8.0 braucht der bitcoin-client nun 13,5 GB auf meiner Festplatte. Dabei sind die Blöcke auch noch doppelt gespeichert, einmal in einer "blocks"-Datei und dann noch als blk0001 bis blk0003. Außerdem gibt es noch eine chainstate-Datei. Ich hatte gehofft, dass der neue client weniger Speicher braucht. Oder kann ich was löschen?
Sobald das "umwandeln" abgeschlossen ist, kannst du blk0001 bis blk0003 löschen. Ich war mir auch nicht so sicher und habe halt mal alles gelöscht (bis auf die Walltet natürlich) Neu runter laden der gesamten Blockchain hat nur 4 Stunden gedauert. |
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Why is this even a thing?
So we're going to solve a deficit issue by jumping right to inflation?
Great way to show off your principle, Bitcoin.
Full retard mode engage
You really do not understand what you are talking about. Block size increases do not cause bitcoin inflation. This allows more transactions to be processed per block. If we reach block size limit we could slow the adoption of bitcoin which would limit economic activity. You seem to be confusing increasing block size with increasing block reward. No, block size increase will cause a hard fork, and that is a 100% inflation immediately, and once it started, it could happen again, so the promise of limited supply is forever broken, bitcoin will be no more different than any fiat currency That's not the first hardfork. Not even in recent times. Remember the reward halving. There was a fork made by some where the reward didn't halve. So this was a 100% inflation immediately, too? OMG! |
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