If you don't pay fees, no one can tell you how long TXes take to confirm. A user here posted how his TX after 19 hrs was not confirmed. But if you have paid fees...not sure how to help you out here. |
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I didn't say worthless just worth ... LESS. Even the Zimbabwae dollar isn't worthless just not worth much. Worst case scenario US coins have a decent amount of commodity value. If all fiat currrencies because absolutely worthless (not just devalued) at the same time. I am sure MtGox would put up a BTC/GLD market.  That actually isn't such a bad idea, in fact it's great. BTC<->Gold but not in the form of physical ownership, not till you decide to "withdraw" at least. |
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There really is no reason to "cash out". If you want to pay for something (goods, services, paying off debt) and you can't using BTC then selling enough BTC to pay for it indirectly is an option.
I have had my eye on a boat for a while. I doubt many boat dealers will be taking Bitcoins anytime soon. If the exchange rate went up enough I would gladly sell some of my coins to buy the boat I wanted. To cash out just to hold cash? I wouldn't do that at $1M, $100M $1B, $1T. Why? To hold paper which becomes worth less and less every year.
I would prefer to buy assets directly (BTC -> asset) but if I can't indirectly works too (BTC -> USD -> asset).
When your fiat becomes worthless paper it doomes the BTC economy because BTC<->USD is the main currency traded between bitcoiners. Bitcoin will be as worthless then. |
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The millionaires will hoard coins till their last breath.
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Just to let you know, I did a quickie test of your security. Not sure if it's relevant or a hole, but... If you open up this URL http://www.coingig.com/DontTreadOnMeme/'/? I get a few errors. Perhaps you need to escape characters more. |
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How likely is it someone to accept a lend of say 0.15 bitcoins or a single bitcoin? And what kind of profits might one expect? Yes, I have only a small amount of bitcoins left.
Make no mistake, I am not an experienced trader. I tried day trading yesterday and lost 0.12 bitcoins pretty fast on btc-e.com.
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Forgive me if this is a stupid post, but is vanitygen safe?
That is to say, are the keys that it generates always 100% working keys that can be imported into a Bitcoin client? Is there a chance of creating a "bad private key" from vanitygen, such that one cannot, for some reason, import said key into a wallet?
Are the keys that are generated with vanitygen random enough, or at least as random as addresses generated with the standard Bitcoin client?
Also, I am assuming that smarter folks than I have made sure that this little program doesn't create keys and then send them all back to the vanitygen creator or something else likewise nefarious, right?
The keys should be safe in terms of importing and should be cryptographically safe. I've examined OpenSSL's code and saw that it creates a screenshot of the screen and uses that as seed, then it also uses CryptGenRandom for further seeding on Windows. You are free to seed it yourself as well. |
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How'd you figure out the functions that were causing it to crash?
I was more than clear in my post. Anyway, I was still wrong. After talking on the #opencl channel on freenode, an OpenCL C compiler developer said that the issue is caused by incorrect instructions produced by the OpenCL compiler. |
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Gotta admit, pretty smart - Didn't see that coming, did we?
If you're a central bank, or a government feeling threatened by the rise of a paradigm such as bitcoin, how do you kill it?
Make it illegal? Make it difficult to use? Ostracize the theory's proponents?
Or just simply remove the underlying utility of the invention in question - in this case, bitcoin's use as either a transactional currency, or a useful store of value.
Other than the speculators, who in their right mind would store their worth in something that has no steady, definite value?
Forget the people hurrying to buy bitcoin today (because tomorrow it'll be 25% more!) - Who would dare use bitcoin to purchase a good or service from someone in another country, or at a retail counter?
If you're a central bank, or a government, with massive resources at your disposal, you don't care if you make a few people wealthy in the beginning (or destroy a few fortunes in the end) you've accomplished what you set out to do: "Bitcoin? That was a crazy ride. Who'd ever trust that thing again?"
It's a shame, really - there was so much potential, and yet it's proven so easy to destroy.
The destruction was just not conducted the way that any of us thought it would be done.
Sorry, I did not see not one sentence in there that told me how you kill it. You just blurt random questions. Where is exactly your statement, the fact? |
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Once you lose a private key, you lose access to your coins forever.
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What do you mean by "What should the service charge?"? Not only is your claim impossible, if you could do it, you'd have to charge a lot and make it pointless.
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Yeah, there are over 330k blocks made thus far, what in the world???
how much space does such a blockchain take up on disc? My Roaming/BBQ folder is about 244 MB, not that big compared to BTC which is 7.7 GB The size of the blockchain for any chain is dictated by the number of transactions and their sizes. |
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It would be really nice, if you provided a copy of the chain, so we don't have to wait so long. It won't take much to zip it and store it on some server. Plus, my client keeps getting stuck every few thousand blocks.
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how would that exactly go?
Well, proof of stake says that every 31 days of untouched coins, your client will try to generate POS blocks. So that means you can have a few wallets with some PPC, and then every month you may be able to double them. |
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No hack or anything, but what stops a person from say sending X PPC to a few wallets and then running a few PPCoin nodes and every month he pretty much doubles his amount. Basically, the more wallets you have with aging coins, the more you will get.
So essentially, you can quadruple your PPcoins in no time.
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downloading the blockchain takes forever for me.
Yeah, there are over 330k blocks made thus far, what in the world??? |
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Oh wow, some free coins here too  bCxR6NwG3k2SH6nJHfQDrmQFcb6QchNVjk |
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Can one be spared for me?
8dSn75HietCJqgeFrZPEFdvgLB2y5Z35JC
EDIT:Wow, that was fast. Thanks!
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Go on, I sure would like to see how he obtains a bitcoin wallet. |
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Is this client a thin client or does it actually store the block chain? I'd imagine on the limited space on phones it likely does not store the whole blockchain.
Also, is it easily extendible to support other alt-coins?
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