You're missing lots of options that have been proposed:
microbitcoin
microbits
micros
mics
µBTC
uBits
crobits
zib
It's not much use as a poll if you've already limited it to your two favorites, including one (renaming "bitcoin") that's nearly impossible to pull off without major confusion and risk of money-losing errors.
we have moved passed the mBTC uBTC argument as moving to those would only be temporary and short term. it appears the consensus is to stay with bitcoin for while longer and then move to 'bits' (100 satoshi) that way the move across is not temporary and wont confuse people. as for anyone proposing to call 100sats a 'bitcoin' i find this will confuse people. its far easier to separate the two as bitcoin and bits, the same way that people separate 1 from million ingots from bars ounces from tonnes basically i am trying to say that calling a ingot a 'bar of gold' is stupid and confusing.. yes i understand that there are some poor people that want to scream to the heavens "i have a whole bitcoin". but thats just a ridiculous thing to do as those that have multiple real bitcoins (100,000,000 sats) will just laugh at them and correct them that they are still poor. i prefer bitcoins being 100,000,000 satoshi's and bits being 100 satoshi's.. it just makes sense |
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Might get slated for this, but I don't think Mark Karpeles is that bad of a person
For the records, neither do I. But an epic fail can easily do as much damage as an epic act of villainy. Anyway, the absolute worst for Bitcoin are speculators trying to use it as a tool to make (even) more money. Greedy people with lots of money can do serious damage to any business, but Bitcoin, being a new and revolutionary form of money, is especially prone to financial attacks, either by people trying to kill it or by people trying to profit from it. speculators dont exactly destroy bitcoin. if they speculate and cause a price rise, that equals profits for the community. if they speculate the price down, that causes a nice buy-in oppertunity for new community members. bitcoin protocol has decades to centuries of life ahead, the price variance does not impact this. even if the price suddenly dropped to a penny, you are sure as hell find a million people trying to buy as much bitcoin as they can, bringing the price right back up. i would however say FUD spreaders, that are purely trying to sway people away from purchasing at any price are more damaging then speculators who just play the prices for profit. and as for silkroad. although i do not condone their illegal activities. it has actually provided world wide press news and advertising to get people to ask the question "what is bitcoin", to which after they research bitcoin, they find out bitcoin is great for legit investments and value transfer and silk road is just hyped propaganda. thus they learn to separate the two whilst getting into bitcoin |
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best
bitcoin core developers
blockchain.info developers
legit bitcoin businesses
worst
altcoin script kiddies just making pump and dump coins purely to sell their useless alt, for useful bitcoin (selling ice to Eskimo's)
greedy mining pool owners ignoring transactions purely to grab fee subsidies
anonymous 3rd party bitcoin services (they end up scamming people)
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this is good for californians.
but thinking of the bigger picture, this is also good for people in different states, as it shows that different states CAN have their laws changed or policies approved independently from national governments.
the example is that illinois banned alcohol purchases and california approves it. stuff like this will will in the future cause economic impacts on each state depending on their policies.
EG crypto businesses will not want to set up business in illinois if their viewed as non bitcoin friendly, and more businesses will set up in new york and california instead.
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for all you noobs
1. if a bug did exist - it will be patched within a short period ( check out the 1mb limit fork and the heartbleed for examples of speedy patches)
2a. if ISP's blocked certain ports, then bitcoin can still work by sending API's to websites (PUSHtx to pools and blockchain.info)
2b. changing the ports to a different number that is not blocked takes only seconds too
3. altcoins - these are separate to bitcoin, meaning an altcoin cannot destroy the bitcoin code, it can only persuade people to change what they are hoarding. NXT is purely an altcoin even worse its centralized under the guise of blockchain 2.0 /bitcoin 2.0.. they are really trying to push their advertising campaign to will people over, yet people can see through the sells pitch. meaning right now nothing truly beats bitcoin
now my main concern is 51% attacks, by this i do not mean someone buying enough equipment to own more then 51% of the network.. i mean the easier method. bribing just 3 people (mining pool owners) to change their mining scripts.
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LOL!  I need only a battery to turn gold chloride into gold, there are galvanisation kits for children... LENR synthetic gold is a thread (see my thread in speculation) but not this in some countries kinder eggs (chocolate egg with a toy inside) are banned. So are you telling me while banning chocolate eggs for safety concerns, they are also allowing kids to play with car batteries and toxic waste? (i mean this as a sarcastic joke, no rebuttle is required) |
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students themselves wont be putting their own fiat into bitcoin. the reason: because they're students and cant afford it.
what will happen is you will see alot more apps on itunes and google play that are bitcoin enabled. you will see lots of shopping cart extensions, payroll software and other financial gadgets,widgets and apps. all bitcoin enabled for everyone to use.
well thats the short-medium term things to see.. as for the long term you will see the students graduate and start their own businesses, thus bringing a new-wave of bitcoin related businesses.
.............. or, they will just cash out bitcoin for fiat and buy pizza and beer
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I'm more for mBTC. The value (now) is very usefull. I think it would be good if the name mBTC would be changed to something better (like for example bits  ) by the time mBTC becomes commonly used, it will become obsolete and people will then have to go through the process of changing it again. basically double annoyance. much easier to go for a scale that wont need to be changed, then one that needs to be changed often |
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1 bit should equal 0.001 so 1000 bits is 1 bitcoin.
no, as thats known as mBTC or it has slang names lile bitmill or millibit. a bit from the consensus of several topics now is that a bit is 100 satoshi's (0.00000100) |
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so has anyone made a proposal on the main bitcoin github to have the next update include bits.. or are you just waffling on about it on a forum?
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after showing them the drug scandals dollar has. the skeptics will then say, "ok so drugs is not a big deal".. what about all the thefts from exchanges and 3rd party services.. show them this and remind them about banks http://www.youtube.com/watch?v=DsXHHoKgZcU |
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and the odds are it will be radioactive.
dont be silly. bacteria eat gold chloride and shits out clean gold(in laymans terms).. its not making gold, purely cleaning existant gold. and its not radioactive.. its chloride. |
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although i do believe we should skip the mBTC and uBTC and go for the satoshi/bit idea.. due to the facts of miners fee's and satoshi dust limits no one can actually just spend 1 bit right now, so it is definitely a thing for the future
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from what i can see
10 stacks high (height)
10 stacks deep (width)
35 stacks along (length)
3500 stacks
if each stack was worth $1000 in small denominations = $3.5mill
if larger denominations worth $10k per stack = $35mill
definitely not 1 billion, and definitely not 22billion
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guys please put facts into place.
no one can make gold. what this story about is detoxifying / cleaning the currently known dirty gold.
in other words, no big deal as the current 170k tonnes of gold will NOT become millions of tonnes in a few decades. it will stay around the same couple hundred thousand tonne amount, just that more % of that amount is now useful, rather than toxic.
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same as karpales has 'separated' himself from mtgox 'lawfully and legally' this is why the trustee of mtgox is now a attorney and karpales is just a representative.
the laws SHOULD be whoever was incharge at the time of a fraud should remain accountable. that way people cannot divorce themselves away from the business to attempt to not be held accountable.
this is the true reason senators, bank CEO's and media CEO's resign from their post. to get away with being personally liable
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I think this is very hard for people to grasp since a "scarce digital commodity" seems like an oxymoron at first.
scarce digital asset |
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fiat is backed by a promise and only a promise. which people trust. the only thing is that the promise can and has been broken many times.
bitcoin is based on maths. nothing can break maths.
even thinking of backing bitcoin by stocks is obsurd as stocks can be manipulated by corporations.
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lol nothing to see here, just another 3rd party service to hold your coin and run away with them later.
it makes me laugh they cant even be arsed to make a tor website. they have no clue about security.
even on the normal internet, they cant even code secure https...
anyone putting your coin into dark wallet will lose it. and you will have no recourse with police investigations due to the fact that you will have to explain why you put funds into something advertised as used for the blackmarket.
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simu mining bitcoin and altcoins is even less efficient then just mining altcoins.
seriously try using a calculator,
again, you will make more profit buying bitcoin using fiat and hoarding. compared to buying rigs and then selling bitcoin for fiat.
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