I was thinking phone apps.
I would never keep more than a few hundreds $ in crypto on a smartphone. My favorite option is encrypted volumes and files on linux only. Phones look like some security hazard walking. It looks like ou never use bitcoin in the real world  Joking aside, I know what you mean. I used to carry a few bitcoin keys with me (with phone wallets) but when the price went up to $4000 I put them into the freezer |
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Elwar a question out of curiosity: why don't you consider Mycelium, Electrum, Bitcoin Core etc. as good short term solutions?
I would not suggest to use blockchain.info as a hot wallet.
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How is it possible that a chain of blocks which is formed by blocked added one after the other and linked by cryptographic signatures and secured by an immense proof-of-work is a revolutionary technology? This is bitcoin!!! Not the blockchain! The bitcoin protocol is made of all this, the blockchain is a fraction of the whole! We can't it separate from the protocol. Jeez still explaining this after 3 years  Observing the bottoms: I think next one is around $3050 on Bearstamp |
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Big Banks want to destroy Bitcoin before it destroys them.Bitcoin, the “people’s currency,” has the potential to become a new currency, free of the control of big governments and big banks. That’s why they both want to limit this potential. Each one in their own way. Big governments by stepping up regulations of Initial Coin Offerings (ICOs) and by shutting down cryptocurrency exchanges, as the Chinese government has announced recently, crushing cryptocurrencies. More @ https://www.forbes.com/sites/panosmourdoukoutas/2017/09/14/why-big-banks-attacked-bitcoin/#7865456e6c53
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If JPMorgan CEO Jamie Dimon was trying to set off the bitcoin community with his criticism of cryptocurrency, he succeeded. On Tuesday, Dimon called bitcoin a "fraud," described it as "not a real thing" and said, "someone is going to get killed." Crypto enthusiasts took little time in firing back -- on Twitter and on TV. We emailed Fred Wilson, a partner at Union Square Ventures and one of the first investors in bitcoin-related start-ups, to get his thoughts on Dimon's comments. "You have to have an open mind to be able to see the future," Wilson said. More @ https://www.cnbc.com/2017/09/14/bitcoin-fans-fire-back-at-jamie-dimon-after-fraud-comment.html |
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Yeah, it feels like this is the Purging the Newbies - phase. I was buying coins from people with only 1-2 trades in their history.
They get what they deserve. Bitcoin needs to be approached and handled with care. Let them sell, we'll buy again. We usually count the casualties when the battles end and this one is not over yet. At least many will learn after this heavy dumpage. |
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The global economic landscape does not look very bright as we speak. I think that some kind of world-recession is something clearly possible. The geopolitical world map is in a complete mess as you were mentioning.
I did not think about the Chinese decision in that terms but I see your point.
This is getting tremendously serious: bitcoin is the end of the economic world as we know it and they know it very well. One can see that fear in their eyes.
They know Bitcoin and its network can not be controlled, there will always be a way out.
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Holy crap, this was one of those remarkable dumps. I should have taken advantage of the situation because Fibonacci lines where tremendously accurate. But I don't play day trading so I couldn't do much. Anyway, let me play the game: December 26th, maybe because it's the day after Christmas where everybody gets new money.  |
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Bullish post: someone here noted the interesting correlation between the bitcoin network hashing power and the price of a single bitcoin. If you get those corresponding charts and you put them one on top of the other the magic happens. Expect to go back to $4000 soon. Jamie Dimon approved this post before its publication |
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I'm starting to like McAfee John McAfee on Wednesday challenged JPMorgan CEO Jamie Dimon's skepticism of bitcoin. Dimon on Tuesday called bitcoin a "fraud" that will eventually blow up. McAfee, whose company MGT Capital Investments mines the cryptocurrency, said he respects Dimon and people in his position "are not idiots," but he challenged Dimon's criticism. "You called bitcoin a fraud," McAfee told CNBC's "Fast Money" on Wednesday. "I'm a bitcoin miner. We create bitcoins. It costs over $1,000 per coin to create a bitcoin. What does it cost to create a U.S. dollar? Which one is the fraud? Because it costs whatever the paper costs, but it costs me and other miners over $1,000 per coin. It's called proof of work." More @ https://www.cnbc.com/2017/09/13/john-mcafee-challenges-jamie-dimon-bitcoin-skepticism.html |
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Let's keep the noise high on the JD drama. Vanity Fair ... LOL Earlier this week, Jamie Dimon, the C.E.O. of JPMorgan Chase, went on a notable, vociferous tirade against Bitcoin, the cryptocurrency that has been associated over the years, fairly or not, with the Silk Road drug ring, the Winklevoss twins, and, more recently, mind-blowing returns. Over the years, Bitcoin has become a preferred Dimon nemesis. In 2015, when it was worth around $400 apiece, Dimon predicted that the cryptocurrency wouldn’t survive. This summer, Bitcoin briefly reached a value of $5,000 per unit. More @ https://www.vanityfair.com/news/2017/09/should-jamie-dimon-be-terrified-about-bitcoin |
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Actually, very low fees ... no ? Why? Are you in a rush of moving your Bitcoin around? Mine are sitting safely next to a fireplace, drinking the finest scotch whisky while discussing what the price will be on December 25th. No need for low fees when coins stay safe and secure. This price is nothing compared to what it will come. Et tu le sais |
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I would feel more than happy paying a chat service which is truly secure and encrypted end-to-end. I would be even happier considering that Byteball and its wallet are becoming a fully working economic system which only needs a larger user base to really take off.
Paying for such a service would not be a problem.
If we want it free we can always sell ourselves to Facebook and WhatsApp.
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Will not see any signs that the price goes back to the former level, even under such circumstances when the price of btc falls,
and the last change to the distribution. Sad..
Think of it this way: $200M in crypto is nothing, it's pumped and hyped out of thing air in seconds. Now, compare $200M in real world applications: it can buy 10,000 nice cars! And that's what Byteball is targeting: real world applications! Maybe he does not like to having the privilege of getting one of the most awesome coins around for free. The more we get the more we want, there's no way for us to feel content with what we have received. 1. How secure is the chat? I've read that it is encrypted, but can someone explain to me how that is done? Especially with chatpartners on different hubs.
Can the hub read the messages or even decide that chats are not encrypted? I mean they could change the code before they open the gates, without people realizing it.
And what kind of encryption is used?
It's end-to-end encrypted using AES. The hubs only forward the encrypted messages, they can't see anything. To deliver your message, your wallet connects to the recipient's hub (if it's different from your home hub). The encryption keys are constantly rotated for perfect forward secrecy. This has a side effect that if you restore from an old backup or try to use the same wallet on two devices (which rotate the keys independently), the keys get out of sync and your wallet can't decrypt a received message. This is one of the common reasons for not receiving blackbytes, which are delivered through chat messages. That's great I would say. I'm using the chat like a real one. Whatsapp sucks |
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Exactly! We saw that unfolding: it was way too clear after a while that the whole "blockchain" hype was there for a reason. It's still like that because now they talk about Distributed Ledger Technologies and such. They would like the "blockchain" to do everything is already possible with conventional technologies. They don't get what bitcoin is about: some of them know it and therefore they planted the blockchain seed see you around |
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I’ve already wrote it but I really think we went back to 2014. I see the same patterns over and over again. In 2014 they invented the “blockchain” to spread FUD and false myths about bitcoin”. Now that everybody saw the bitcoin potential this is no longer something that they can support.
I work within this field and, trust me, with one face they talk blockchain and with the other they buy bitcoin (and other crypto).
Yes, let’s calm down while holding the keys
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2014 has been the worst performing year for bitcoin, even back then we were seeing all red candles. Those who believed in the good of the project and those who understood what bitcoin is really about got both knowledge and profit within one of the most exciting field IT has ever seen.
If you can't keep up with the Red, well this world is not for you. Better leave it before it's too late. But if you understand what impact Bitcoin will have long-term, welcome aboard and enjoy the up&down ride
Hold your keys
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hv_ all those games being played right now will determine the future of bitcoin (or the different bitcoins). I mean Bitpay cares about its business and will care about the most useful bitcoin protocol that will help them to best fit their current business model.
As a bitcoin user I must admit that Bitpay currently has one of the most user-friendly bitcoin wallet. Most of my firends/colleagues still use it because it gets the job done. In terms of bitcoin adoption I think that makes a difference.
We will see how this unfold
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JP Morgan calls bitcoin a fraud while investing millions of dollars in "blockchain technology" which means nothing! Therefore, in a logical world, it looks like they are investing into a fraud.
These are all coordinated attempts of discrediting bitcoin at the same time. Bitcoin, as it is, is getting too much attention and this goes well against their interest. Whatever the reason, they keep investing into "blockchain".
Ridiculous
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CNBC In a year that has seen digital currency prices go higher not by percentages but multiples, investors are starting to worry that things have gone a bit too far. Bitcoin is now considered the "most crowded trade," as measured by sentiment in the monthly global Bank of America Merrill Lynch Fund Managers survey. That means investors believe there are too many people on one side of the trade and it could be due for a reversal. Bitcoin's price has surged about 330 percent this year, the beneficiary of a jump in interest for the cryptocurrency and a growing field of competitors, as well as a flight to alternative assets and, some fear, a speculative bubble. More @ https://www.cnbc.com/2017/09/12/bitcoin-is-the-most-crowded-investment-in-the-world-right-now.html |
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