They dont care for privacy eh? Who are the elite you refer to btw?
The bankers and the richest persons on the planet. They already do what they do out in the open and have press conferences about their investments, for them its no point to hide it. |
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That looks very professional, good job! We need more features like this. |
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He's not talking about on an exchange. He's talking about the infrastructure that supports the network.
I dont think bitcoin can be hacked so easily. If an attacker spends hundreds of millions to go for a 51% attack, then the network will always choose the longest chain, and his hundreds of millions will be wasted. And for bitcoin companies its always important to remain transparent, there is no excuse for shady stuff in bitcoin, because the community reacts quickly. |
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If they are buying Bitcoin, then I think they don't get it, because Bitcoin has no end-to-end principle privacy capabilities. I am speaking about an altcoin that will have those capabilities.
I dont think the elite care about privacy.
Well we aren't sure that it is specifically Bitcoin that they are hoarding, it could be anything from silver to gold, platinum to palladium, even property or other hard assets. Maybe they're even buying infrastructure that they can use after all the companies collapse as their assets become worthless. Who knows.
They are hoarding those too, they are well hedged and hoarding anything from fine art to gems, to metals, to cryptocurrencies. They have a portfolio and the % allocation in each asset depends on the macroeconomic enviroment. But I guess hard assets & commodities make up most of their portfolio. I would be a miracle if they have more than 1-2% in bitcoin. |
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but apple and facebook had a fully user friendly end-product. that people could understand and use, without worry or headache.
bitcoin is still a prototype. its not perfect..
so if you really want to do PR. start with businesses right now... hold off on the random average joe for now.. and just get bitcoin more user friendly and useful
then later, once you can see an easy path for:
people to easily understand
people to buy bitcoin
people to work for bitcoin
people to use bitcoin to buy real life stuff (meaning toilet paper not specialist / limited list of stuff)
people can use it faster than 10 minutes (meaning its better then a 40 second debit card transaction)
then and only then will it be ready to mass market to common average joe folk.
until then, concentrate on the business, financial and technical industries
Well then a revamping of the bitcoin.org site is needed. I dont really like the design of it, it is pretty sketchy and the labels suck and the menus are very badly designed. Bitcoin.org should be a copy paste of litecoin.com (with orange+white color theme). You need to put the definition of bitcoin first with a video in the middle, then below the features, and on the top of the site the menu with buttons and dropdown menus. Probably with an index of merchants, as litecoin has. Bitcoin only has only the bitcoin wiki listed merchants, but not on the site, which is bad. |
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Sorry for the alarming headline. Google reports a single result for "hardcopy of the blockchain". So I figured we might find such a phrase useful. I have looked a little into the possibility that all copies of the blockchain could be destroyed by an EMP (very unlikely, it seems), or by a solar flare (more likely, but still seems remote). Would there be a few heroes who could produce tens of GBs of data with the special properties of the blockchain that make it uniquely identifiable in the event such a catastrophe occurred? Do I want to be one of them? Sure, why not. I need like 10 DVDs and a day or three to burn them. Honestly, though, I was hoping for some replies that say "Check out [link]" where such an effort is already being undertaken. I keep some of my backup CD's wrapped in tinfoil to protect agains EMP  |
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There are always ways but it's about finding a balance without punishing everyone else to harshley but things are being discussed.
A good captcha is needed when register, the forum registration has a shitty captcha that can probably be overpassed by any amateur hacker, and then send bots to register thousands of accounts. |
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Physical Gold & Silver are flying off the shelves as fast as they get coined. "Supply" is getting very tight. And yet price is dropping like a rock and mainstream media predicts it to fall off the cliff. This price action goes totally against traditional economic laws of Supply / Demand.
Precious metals markets are manipulated with certificate ponzi schemes and unfunded paper claim scams. Otherwise they would go up massively since the supply is in shortage and demand is rising. Bitcoin is in a way the opposite..... new Bitcoins being mined every day. Mainstream media says nobody wants bitcoin. Big Financials & Banks say it is dead. Nobody wants Bitcoin it seems. So the Supply should be huge. And yet the price is steadily climbing.
Bitcoin is inflating, but the market is more concerned about the scaling FUD, and the uncertainties of the network. Not to mention governments reaction to bitcoin. Also we will have next summer halving. So yes IMO both precious markets and bitcoin can go up eventually! |
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Would you, or would you not?
No, the whole point of having bitcoin is to not put money in a bank. If I`d want a bank then I would hold my money in fiat in a bank. Plus what bank gives 10% anyway. It's impossible to generate that high ROI with huge capital. Sounds like the Madoff ponzi scheme, he promised 10% APR too |
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Question 2.What ultra-paranoid method do you use to store large amounts of BTC? Why do you trust it and how is it 99.999% safe? I'm just being ultra paranoid because when I started with Bitcoins I got hacked in under 24h. Mind you I was using the Blockchain.info android wallet so that was pretty newbie of me  . I know some people here: https://bitcointalk.org/index.php?topic=1013586.0 feel that paper wallets aren't actually as secure as they might seem. Just because you use a Ubuntu Live CD/USB doesn't mean if you had malware on your Windows system it won't also be able to infect the Ubuntu Live CD/USB. This is very top-notch ultra-paranoid stuff and I'd love to hear your expert opinion on the subject! I wrote a guide about this https://bitcointalk.org/index.php?topic=1263429.0Probably in a bunker underground. Or throw the offline PC you generated the random number on into a black hole, that should be safe |
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Where I live, that fee is about 1 day of work for a minimal wage person.
And I`m sure people dont like to waste 1 day of their precious lives on some banksters.
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She is very erotic, reminds me of a girl I knew who looked very much like her, but wasnt asian. I guess the asian version of her is hotter |
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---8<--- This is why I believe privacy that can be done by the end applications will trump permissioned block chains. Sorry to James Dimon, IBM, and Blythe Masters. I will relish the day that James Dimon realizes that his money is a depreciating asset in our Knowledge Age. ---8<--- They know that that is why they are buying bitcoins. However they would also like to stall as much as possible to aquire more from the fiat system before it collapses. You have to understand that the elite are not dumb, they are well hedged for any type of disasters. However this will be positive for bitcoin, since the opportunist and sharp-eyed elite already hold bitcoin, while the not so bright elite don't. So when the game collapses, they will quickly hoard as much bitcoins as possible. If that will come then a 1-2 million $ / bitcoin is also probable. |
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What goes around comes around. I just hope it will hold the 400 line now. We are big enough to hold that line.
I dont want to see bitcoin at 200 or 100 again ,ever.
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Former Deputy Minister for Finance of Russia: Bitcoin is the Biggest Financial Breakthrough in Fifty Years
Then why are they trying to ban it? They are flip flopping , first they say its ok, then they want to fine people, then they want to jail people for 4 years, now they say it's ok again? It must be some horrible bureocratic struggle going on there. |
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Nice to see some baltic countries working for bitcoin.
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Yet these are not religious conflicts. The religions themselves stand aloof and do not fighting. These are fights between people who think that they interpret the religions correctly, even though their interpretations are different. You can tell because, nobody has exactly the same interpretation that anybody else has... from every single person to the next. Yet there are groups of people who get together because they think that they have the same understanding of their religion. So, it is retarded people who fight, not retarded religions.  The perfect example why separation of churc and state is needed. Then you also want to educate people from young age about critical thinking and rational decisions. The current public school system sucks. Although religion and spirituality is ok, people should not have all their lives orbiting around it, they should be able to put them aside when needed. And especially keep it private, after all your beliefs are your personal thing, and should not be used as a weapon against others. |
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