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Anyway, $40k or $100K, both figures are not realistic.
...
People were saying "$1" is not realistic in late summer 2010 and then "$1 is not sustainable" after dollar parity. Then the same at $10 and $30. What is realistic? If their adoption assumptions are realistic, it is realistic, if not, then not. It is purely speculation to say it is or is not realistic. Just remember the same thing has been said since at least summer 2010. |
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The entire post is sarcasm at the stupidity of the press.
Turns out most people don't open the links. Very true. Maybe LTG can make that clearer in the original post above??? |
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The entire post is sarcasm at the stupidity of the press. Note the end: Bitcoin is doomed, kaput, done for, finito. We look forward to updating this post when we are in cycle 5. And yes, bitcoin has been the best investment of 2010-2014. Edit: They SHOULD make that clearer since most people will stop reading when they see how stupid it is. |
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Impose capital controls in Greece or repeat the mistake of CyprusAnyone in Greece should be preparing for this now. Check this article out today: http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78lBy Hans-Werner Sinn Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency. The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors. ...
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Impose capital controls in Greece or repeat the mistake of CyprusCheck this article out today: http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78lBy Hans-Werner Sinn Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency. The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors. ... mr sinn is a hardcore neoliberal idiot. I agree. Anyone in Greece right now should be using this time period to get their money out of Greece before there are currency controls and a huge devaluation. |
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Impose capital controls in Greece or repeat the mistake of CyprusCheck this article out today: http://www.ft.com/intl/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html?siteedition=intl#axzz3S0aNG78lBy Hans-Werner Sinn Another crisis, another insidious bout of capital flight. In Greece today, as in Cyprus three years ago, depositors are withdrawing bundles of euro notes to be spirited out of the country. Most of all, investors are rushing to make electronic transfers to banks elsewhere in the eurozone. In December 2014 alone, €7.6bn were sent abroad, equivalent to about 4 per cent of Greece’s economic output. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/607c4bd4-b5e9-11e4-a577-00144feab7de.html#ixzz3S0aqWrE8In 2012, Cyprus was in a similar bind. Wealthy Cypriots (and foreigners who had deposits there) tried to whisk their funds to safer places, draining liquidity from the island’s banks and threatening them with insolvency. The Cypriot central bank kept the system afloat by lending out €11bn of newly created money under a protocol known as Emergency Liquidity Assistance. These funds were in effect borrowed from other eurozone central banks, which put euros into the new accounts outside Cyprus that were being set up by fleeing investors. ...
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I`m saying that the devs need to fix all security issues related to using an address more than once, otherwise it can become risky if you hold alot of bitcoins, and very inconvenient to use.
Otherwise bitcoin will have a security flaw that could ruin its reputation in the longterm and people could turn to safer altcoins later.
AFAIK THERE IS NO SECURITY ISSUE, JUST A PRIVACY ISSUE!!! -MZ Nope, according to bitcoin wiki (updated feb 1 2015) https://en.bitcoin.it/wiki/Address_reuseKnown attacks
Same K in multiple signatures, see Recovering Bitcoin private keys using weak signatures from the blockchain.
Timing sidechannel
Now we can disregard the same K attack, because probably Armory,Electrum, Latest Core, Multibit and others have updated their signing mechanism. But the Timing channel attack is possible, + who knows how many more exploits are available that the developers dont know about. I think these issues need to be fixed asap. Do you know what the "timing sidechannel" attack is? If someone has access to your machine to perform this attack, you have more problems than just this attack and nothing will save you. If there are "exploits are available that the developers dont know about" how do you propose that "these issues need to be fixed asap"? If there are true exploits found eventually, they will be fixed, but these are not them. |
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I`m saying that the devs need to fix all security issues related to using an address more than once, otherwise it can become risky if you hold alot of bitcoins, and very inconvenient to use.
Otherwise bitcoin will have a security flaw that could ruin its reputation in the longterm and people could turn to safer altcoins later.
AFAIK THERE IS NO SECURITY ISSUE, JUST A PRIVACY ISSUE!!! -MZ If you are just using an "address" to receive multiple times there is no security issue. If you send from the same address multiple times, in reality it is not a security issue right now. If your software is buggy or there are cryptological breakthroughs in the future, it could potentially weaken security. HOWEVER, the potential weakness is inherent in the nature of the design and is the different between a drop of water in the Pacific ocean and a cup of water. This would likely also occur gradually so it could be fixed IF needed. This is pretty unlikely any time soon though, imo. As far as managing many addresses your wallet software can handle this just fine. So your software could keep receiving at one address and using something like dark wallet, move it to a new one every so often if you were concerned about privacy and spending from one address. |
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[...]It would be much simpler if the bitcoin developers would fix this issue once and for all, [...]
Just to chime in. First, there is nothing to fix, so the bitcoin developers won't be changing anything regarding this any time soon. Second, it is open source so if you don't like the way something works, you can change it yourself or pay someone to do so. Given that you can reuse addresses though, there really isn't anything to fix. So, just keep reusing addresses to collect your dividends etc. No one will stop you. As above, it is a privacy issue since people can see what you get, but it is not prohibited. |
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It sounds like it could have been run from a different user or different location. You can look and see if you have two copies of the blockchain etc somewhere.
One thing you might try is upgrading to 0.10.0 since it will download a whole lot faster. (I don't think the Ubuntu repositories are updated to 0.10.0 yet though).
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If you are worried, you should check the release signatures (e.g. https://bitcoin.org/en/download) I see: Created: December 31, 2000 Modified: May 31, 2013 (That could be due to time zone differences on our local machines though). |
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You might consider running over a VPN too depending on the use case.
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how i can genrate 100.000 bitcoin addresses with bitcoin core all this address need to be associated only with 1 wallet.dat ...
The default already is pool size=100, see https://en.bitcoin.it/wiki/Running_BitcoinYou can alter that value, performance will depend on size and what you are attempting to do. |
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Winklevoss bro's say $100K and Roger Ver says $34K. Of course I would love to see Bitcoin anywhere in the range they quote. But is it realistic....? Hmm, not sure. Probably not.  actually they (WikiTwins) say 40k and i my view bitcoin will go at least beyond 10k or will go to zero. This. It is something of a binary proposition, it will be worth a lot or nothing. If Ver and "his friends from he foundation" would gladly sell at $2k, they would've sold at 1200. I'm no fan of TBF, but Ver and most of them are not going to dump at 2k. They know the potential. |
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Interesting. They post a lot of crap stories around. What I want to know is how did you audit their twitter profile? When I tried to see what mine would be like it said I need to sign into my own account.
I think you have to sign in to your account and then it can audit other accounts. I logged in as mine and then audited a different one. It isn't perfect because one I checked (who I know) has less than 10 followers and all are real, but it says 1 is fake. It is all based on statistics so isn't perfect, particularly with small samples, but I guess should give a reasonable idea. Interesting link... Ah ok. I wouldn't expect it to be 100% accurate and there will be some false positives, but are you 100% sure all his follows are real? Some can look real on first glance but are clearly fake after a bit of investigation. I know the one with less than ten (6 followers in fact) are real since they are personally known - it is just that one of them hasn't tweeted or done anything, just registered and followed "to try it out." :-). That would seem fake to the statistical analysis I am sure. It is a cool tool. |
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Interesting. They post a lot of crap stories around. What I want to know is how did you audit their twitter profile? When I tried to see what mine would be like it said I need to sign into my own account.
I think you have to sign in to your account and then it can audit other accounts. I logged in as mine and then audited a different one. It isn't perfect because one I checked (who I know) has less than 10 followers and all are real, but it says 1 is fake. It is all based on statistics so isn't perfect, particularly with small samples, but I guess should give a reasonable idea. Interesting link... |
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