yep

TV show the goodwife featured bitcoin a couple years ago, now they featured it again series 5 episode 20. this time getting more closer to actual details, such as silk road, mtgox closing..

yet they have got a few minor details wrong (well maybe)

"until mtgox was bankrupted(the bitcoin exchange), then law enforcement was suddenly allowed access to the servers and now we can trace bitcoins to his computer"

im just wondering.. is it plausible that authorities do have all the details of mtgo traders EG their ID, usernames.. and are now linking deposits into mtgox, with withdrawals from known silk road addresses.. if so some of you people better beware who is knocking at your doors lol

also, they know of MTGox bankruptcy, which means the TV episode must have been recorded around december 2013. yet they "want to get the top dog at silk road" i guess they missed out DPR news from last summer.

well anyway away from the joke and back to the TV episode, atleast its more publicity to bitcoin either way.

they should follow the british governments election strategy.. first take brock pierce out of the equation due to his illicit and disgusting life history. and the divide the 34 votes between bobby lee and vinny lingham(whoever he is?)

oh then ofcourse even with bobby lee then getting 62 votes.. make the decision of employing all of them and forming a coalition as a group entity within the foundation

th way some hedge the risk is lets say you put a bitcoin price today for 1btc ~Euro309
well you already have bitcoin (your personal investment) and you withdraw YOUR 1btc to give you 309ero's to cover bills, supplier costs and staff wages. and the customer pays you 1BTC to replenish your investment.

the other option is to just show the fixed price (euro's) on th invoice and mention 'we accept bitcoin, please go to www.yourdomain/paymentbybitcoin/?invoice=12345

where your site is set up to show the customer the QR code of a bitcoin payment address with a bitcoin value that is adjusted every 15 minutes.

the idea of nodes is to ensure history cannot be re-written. imagining a fture where the blockchain is accessed via a cloud service is not good.
basically your talking about everyone relying on blockchain.info as the ledger. where only blockchain.info has the ledger and we just use apps to read that ledger.

if blockchain.info was the only source, they could change a unspent block from like 6 months ago, altering all of the chained inputs before it and because no one else has a copy to compare it, we would all believe it to be true. and because miners were making new blocks based on a blockchain that is only stored by blockchain.info, they would accept the new blocks as the chain is complete.

this is why not only do miners needs to stay decentralized below 51% control of hashing to minimize a notorious attempt to alter new blocks. but the ledger needs to be decentralized via multiple nodes to ensure tweaking of bitcoin historic blocks does not occur either. thus nodes do still need to exist.

(which originally sparked off the debate about block storage in the future, which in this topic was quashed due to large storage availability)

it appears that last month i "thought" they moved over to a commercial bank. but it appears they are using bank of china (central bank). so i guess they have to now get a commercial bank account like i thought they already had.. my mistake

guess the news last month was fud, or that bobby lee swapped one central bank for another..

lets hope atleast he follows regulation and gets a proper business account away from central banks, that the business is registered with the telecommunications regulators and all the other red tape or all of this stuff will just roll on forever.

all this chinese stuff is starting to confuse even me, as you rip one layer of fud off, another layer appears.

either way bobby lee's exchange is still online, so atleast they are trying to push forward instead of giving up

well your impression is from reading reddit and forum opinions. but if you read the actual announcements from the chinese authority and look at which banks they have talked to (central not commercial). then read on further to the bits where the government asks bitcoin exchanges to register in regards to the telecommunications regulations. you will see that government is not say bitcoin exchanges F**k off, they are saying that bitcoin exchanges should not be using central banks(personal accounts) and should be registering.

as for OKCoin. if you compare their closing down statement with amirs statement in regards to intersango.. you'll get my point.
some basement dwellers and antigovernment types like to think they are bitcoin businesses. but from a banks point of view, they are using FIAT, thus thy need to conform to fiat regulations. i am more suprised that OKcoin didnt just turn themselves into a bitcoin-alt exchange and just remove the fiat aspect. but oh well atleast thats one less unprofessional hobbyshop out of the ecosystem

alot of people think that exchanges are run by professional adults that want to be transparent. well intersango proves otherwise. the previous owners of cryptorush (who were teenagers) have proven otherwise. these type of people do not want to get government registered and be fully legit, so it is expectant that things wont go their way, especially in intersango and OKCoins cases where they were touching and handling a government owned product(FIAT)

Bobby Lee's exchange is fine, why? . because he is an adult, that has registered his business and is now using a commercial bank account.. hense why he is not having an problems.

some context
1. the bitcoin inventor has not wrote any code for 3 years. so you do not have to trust him. instead Gavin Andressen is very publicly known and approachable and he would be the person to contact in regards to bitcoin code.

2. although i explained Eve's theory flaw about trust in regards to bitcoin inventors secrecy being a problem in point 1. we have to realise that EVE online's economist cannot speak to the inventor of FIAT.. as he is dead due to old age. so why trust FIAT if he cant speak to the FIAT inventor?

3. the code is publicly viewable and due to the fact that 100,000's of people use it, and 10's of thousands of businesses have coded and recoded their services to be bitcoin implemented shows the code works and is not a closed system that cannot convert to FIAT.

4. there are not just 1, but hundreds of people that have actually read the code. they do this to make some of the exchanges you see today, explorers, wallet software. and also just geeks who love to read code. so do not think that only gavin A is the only one that knows what is contained in the code.

5. some altcoins like asiacoin have no other purpose thus the amount of people who actually read the code is minimal. although i am shocked that some of the small exchanges that added asiacoin did no checks and simply added it, it was also one of these service providers that wanted to make a explorer for asiacoin that found the hidden code exploit. which proves that outsiders do actually check source code, even on useless coins which have no collection of other services.

this is where people are wising up to the fact that if anyone wants a bitcoin loan to use for a FIAT transaction.. its most probably a scammer that wont repay.

the only time bitcoin loans work is for the loan recipient to only want bitcoin as a borrowed risk, which they use to trade on exchanges to make mega profit and repay the loan.. keeping the profit. anyone asking for bitcoin loans to repay hospital bills or household fiat items are usually nigerian princes

bitcoin should be used as an investment tool to get alot more bitcoin. not to be used for cashing out and sorting out FIAT debt. Fiat debt can be solved by asking family members, banks or other fiat handlers for a loan.

i 100% agree.

the same goes for many business accounts i dont want to have my bank statements deleted after a year simply because funds have been spent. i like keeping all records

anonymous is not the word as it does involve someone to have publicly linked their username or business to an address for it to be transparent. so anonymity is 'possible'.

but the word that should be used is trackable.

bank notes have a serial number and when you hand it to another person it is not instantly logged as 'changing hands'. it is only logged when it reaches a bank deposit, whereby it may have changed hundreds of hands inbetween.

but each changing of hands of bitcoin is tracked...

some exchanges are closing due to the fact that they are not using BUSINESS bank accounts, instead they were using personal accounts.

chinese central banks are not commercial banks. they are personal banks. and if a exchange cant handle or be bothered to get a business account, which requires registering a business name with the government, getting tax registration numbers and showing the bank a business plan.. then do you really want to be trading with it, as that is normally a big neon sign that they dont want to be official. and that glows as "risky".

take intersango.. not chinese, but shutdown due to using an account not aimed for business purposes (you truely think amir taaki went through all the proper red tape??? come on!! think about it)

the problem with banks is not actually bitcoin, its lack of transparancy. this is why bobby Lee's chinese exchange is still running, and all the other basement dwelling exchange operators had to close shop.

so the basic point is, if you want to do business with bitcoin, do not use personal accounts.

it is even written by the chinese government themselves in their guidelines that bitcoin exchanges need to get government registered and to do it right. the same goes for any country. china is a no big news event. its the same story as intersango and the other exchanges across the world, in the past.

the solution proposed here is for those that only have 0.00016btc can get sexually excited and spray their man juice everywhere while telling their 2 only friends that they "have a whole bitcoin"

while the other 7billion of us laugh at him and tell him that he only has a couple dollars to his name and he is a fake.

my point is by the time 185tb is a 'needed' thing in regards to bitcoin blocks, (many decades) i think the price would be soo cheap 3rd world countries could afford it. as the price would resemble the 64gb memory cards now. so again no concern as we are talking about decades after all.

and as for the internet limits. a cure for that is to purchase a memory storage device or hardware wallet with such memory storage that is preloaded with 98% of the blockchain which is only missing a few days or weeks of data due to package and delivery timescales.

so basically in decades time average joe can still be a node

anyways, within 15 minutes i got the satoshi monument. so the game is more about the novelty rather then strategy or learning anything



although in the web version just clicking name of the business just auto-places it somewhere on the map and its not 'moveable' after.  there is a much bigger bug..

bitcoins go above 21mill..!!!

its in regards to the lack of information on the game the OP linked and the only stuff that can be found through the OP's link is this:


though i do like your efforts in making a game and bringing publicity to the community, i really hope your not user 'tristan6'

for $1 its worth a play, just for the sake of novelty of owning a bitcoin game.

but i cant wait until game developers look at the game dragons tails. and then inprove on it.

basically a game that USES bitcoin, imagine world of warcraft or other games where you buy expansion packs and ingame boosters through actual bitcoins.

hopefully some developers make a proper retail qaulity game which actually brings more bitcoin USE to the world

well there have been many discussions where people have been complaining that blockchain storage is an issue. but i personally see that at this very moment all we need is this:


but give it a few years for sony to speed up the read/write speed of their tech,,blah blah blah...

in short i am just showing that bitcoin's future and all these "what will happen if" hypothetical doomsday scenario's are not needed, in regards to average joe storing the blockchain and working as a node

http://www.bbc.co.uk/news/technology-27282732

"Sony has developed a new storage tape that is able to hold up to 185 terabytes (TB) of data per cartridge."

so that just leaves a few years to get phone companies to make gb/s internet speeds, and we are sorted for a millennia

was done last month:
http://www.bitcoinfc.com/
http://www.theo2.co.uk/indigo2/event/bitcoin-fight-night-20140405.html