U would like to have some sort of safeguard key to unfreeze my funds.. Imagine locking the coins for 100 years instead of 10 years... :p
Imagine sending 50 BTC with a 0.001 BTC fee, and you end up sending 0.001 BTC and a 50 BTC fee...  I don't know if it is possible to have a safeguard, but something like that would invalidate/wouldn't be more secure than a password in what concerns fund security, theft could still occur, and the fear of having funds confiscated would still be present. Imagine you're taking a one month trip, and you want to make sure nobody touches your funds... If the safeguard key was found, funds could be spent anyways. |
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Good to see people/musicians accepting Bitcoin. A good way for startup musicians to accept donations, sell songs and establish themselves. Now we need digital stores like Beatport accepting Bitcoin and then labels... That will get Bitcoin and music really together A new market to explore. I'd definitely buy more music if I could pay with Bitcoin. |
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I'm excited about the current ongoing discussion about blocksize  That being said, I'm also pretty interested on the Armory project. Electrum also has some cool stuff going on. And I hope BIP-47 wins traction |
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Damn, sold out quickly, congratulations! I guess I'll wait for another coin or for the secondary market... You have quite a nice coin, keep it up |
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It would be really nice if the OP could clarify if this was the case. I'm actually pretty curious, this thread drew quite a lot of attention...
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I agree with the above post... Why the hell did they give such examples? I've searched for altcoins quite a bit of time and I haven't really seen one that can overtake Bitcoin. Litecoin is good, as it is very similar to Bitcoin, but that's pretty much it.
Ethereum is one of those things that I never really understood. They do have good ideas, but that's pretty much it, ideas. I'm not even commenting on Ripple, and the last example I didn't knew about... I don't see people wasting electricity for ZERO reward. Why would and why should people mine for no reward?!?
The only altcoins that seemed promising are either stuck, or don't have the manpower...
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Easier to just use you phone + Mycelium Also, on Cool Wallet's presentation video, keep in mind that it is not woking through NFC. Developers still have no direct access to the NFC chip in the current iOS version. |
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There will be no S6 or S7. Bitmain just declared BK on a chinese forum.
Bankruptcy? Can you please link that thread? |
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The recent hour of downtime was due to a problem with the forum's anti-DDoS provider x4b.net. They've been consistently having minor problems since the start, and this extended outage really sucks, so I'm going to start shopping around for alternatives. Though apparently it's pretty rare for DDoS protection services to offer GRE tunnels at any even vaguely reasonable price.
Thank you for you clarification, good to know that it wasn't anything serious. |
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They're not telling any lies. If you want to risk not having your funds controlled and observed by a government, if you want to be able to spend your funds freely without being asked where they're going or why is that much money moving or if you want to keep your money yourself safely without having to rely on a central authority and give them all access to your money, then you can use Bitcoin |
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So is this a flaw in Electrum?
I don't think so. There are too many inconsistencies in this story. - The thief targets a small wallet (0.92 btc), and tags his transaction with "3lectrum Fail" on blockchain.info. A real a thief in possession of an exploit would target large wallets first, and he would try not to attract attention on his exploit. - The OP ignores my first request to publish his seed, but calls for donations instead. - On my second request, the OP says that he is concerned about the security implications of disclosing his seed, which suggests that he still has the seed, or believes he has it. However, less than one hour later, he said that he has deleted (and even shredded!) the file containing it. - When I asked the OP if he has paper backup of his seed, he says he has none. Yet, in one of his first posts he said "That's ll the btc I had" - The OP claims to be "very tech savvy". However, he deletes his wallet file, preventing further investigation. A tech savvy person would not destroy evidence just after being hacked. So, either the OP made up that story, or he has no clue about security. Maybe this is related to the fake electrum website: https://bitcointalk.org/index.php?topic=1098340.msg11702869#msg11702869It most likely is... Seems that the website has been around longer than we thought. The theif has also been getting quite a bit of Bitcoins, judging by his addresses balances. |
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Good news, unfortunately this is mainly the online market, or so it seems... Japan is probably one of those countries in the world where Bitcoin would work REALLY well on physical commerce I guess it's a start! |
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The author is right, Bitcoin has reached a point in which you don't really have to understand it's underlying technology to be able to use it. There are online services that help with the usage of Bitcoins and mobile wallets that are secure enough and simple enough for daily usage by a non-techie However, it's a huge bonus if you understand the inner works of Bitcoin. I've been trying to inform myself more and more about Bitcoin in the last few years. Imagine that the core devs step down... If there isn't anyone else reading about Bitcoin and accumulating deep knowledge about it, we wouldn't have anyone to replace the current core devs. In short, you can definitely use Bitcoin while ignoring the way it works... Because it just works But it's also very important and a big plus to know the most you can about this new technology. |
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So... What just happened in the last hour? Offline again...  |
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I don't see how pruning can be bad... Developments of pruning would be immediately discarded the moment it became destructive for the blockchain/the Bitcoin environment.
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Kim os just good in moving masses with his simple phrases and tweets... He just wants everyone to buy Bitcoin (he has strong reasons to make fiat look like the biggest crap ever  ), regardless of what's happening in Greece. The current Greek situation is just a diversion to accentuate his opinions. |
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And whats New In this machine? Is it cashout BTC, Or fiat money? We have to use ordinary card like bit-x card on these machine?
Cashout to BTC only, as it says on the website linked in the OP... These kinds of machines accept credit and debit cards too? |
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Best time to have BTM's flood Greece Was it on purpose? The unfortunate thing is, it's only a 1 way machine... |
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With zero fee, it can take a very long time. It's not possible to lose, you can try to respend the output if it does not confirm |
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Many investors will definitely feel secure when they see their banks using blockchain tech... And they'll probably embrace it, by buying some Bitcoins. I wouldn't like for blockchain technology to be associated with banks. But it definitely would give Bitcoin a good impression |
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