I have been telling many people in mainland China about Bitcoins, some of them seem very interested.
Can someone explain for me how easy/difficult it will be for the great firewall of China to be able to stop the spread of bitcoins?
Is it possible that a non technical person inside of China will have trouble sending and receiving bitcoins with someone outside of China?
It almost doesn't matter from the technical perspective if they can stop it or not if they can do this: http://www.informationweek.com/news/internet/ebusiness/218101859 |
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The site is not working for me right now. I'm from Europe.
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The only thing stopping me from doing the same is the fear of government action. In the past few days that's all I read in articles "Government crackdown on Bitcoin". I know they can't stop it but they sure as hell can make it illegal and IMO worth less for the short term.
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likely the long term success of Bitcoin becomes.
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Seriously? Do you really think people will fall for it and sell you their Bitcoins?
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There are 4 times as much selling as there is buying. You do realize that that picture means absolutely nothing because of dark orders? |
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Hmm I was expecting a lot more answers to my question since we had 100k BTC traded in the past 24hours. Someone obviously is selling..
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If you sold your Bitcoins in the past few days, would you please tell us what your reasoning was for not holding on to them?
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I will to do what I can to help the police catch scammers and crooks who want to steal from people. The police might use those same tools and techniques to help catch people who use bitcoin to pay for drugs; I can't stop them from doing that. I'm just wondering does this include any sort of modification to the client especially such which would give the LEAs special privileges? Not getting an answer to this question has me a little bit worried. |
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As long as people see exchanging value with Bitcoin between one another as viable and at the same time trust that Bitcoin is going to keep it's properties I don't see how it could be worthless ever again.
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Odd. Isn't the legal tender supposed to be accepted for all debts public and private?
Thugs will do, what thugs want to do.. |
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Hey my early adopter friends. Let me assume for a second that you like I believe that Bitcoin is the greatest invention of our recent time and it is in our best interest and the interest of the whole world to get a critical mass of people use it and support it. I think we're already doing a pretty good job of it but I also think there's a lot of room to grow. And in that spirit I was hoping you'd sacrifice 18min and watch the following presentation: Simon Sinek: How great leaders inspire actionThank you for your time. |
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I will to do what I can to help the police catch scammers and crooks who want to steal from people. The police might use those same tools and techniques to help catch people who use bitcoin to pay for drugs; I can't stop them from doing that. I'm just wondering does this include any sort of modification to the client especially such which would give the LEAs special privileges? |
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btw I never thought of this but is no one worried about the following?: Attacking all users
The IP addresses of most users are totally public. You can use Tor to hide this, but the network won't work if everyone does this. BitCoin requires that some country is still free. This is from the Weaknesses wiki page. |
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I don't think anyone is directly upset with tycho. But as a matter of fact he is the only one who can change something in this situation. All new miners will chose one of the biggest pools (or even _THE_ biggets) out of insecurity. So tycho is the instance which has to put a "STOP" sign before it.
I think nobody doubt's that tycho worked (ans works) hard to provide a good service to his users but that simply is not the thing that matters here. It is the thread that a single instance with more than 50% hashing power (may it be intentional harmful or not) poses to the whole system.
Precisely. |
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I believe that one of the benefits of Bitcoins over traditional currencies is that it pushes you to actively find out what is it about. Traditional currencies are considered "given" and taken for granted. Maybe with a more concious population Greece, Ireland and US crisis wouldn't have happened at all.
Yeah dream on. History shows us that the vast majority of people are sheep who see only what's right in front of them and are very susceptible to trickery and fraud. If you are right and people could understand how the fiat money hurts them, they would have never given up the privilege to own real money in the first place. If and when Bitcoin will be used by these general types it won't be because they understand it like we early supporters do but because they see others use an trust it. And you can count on it. |
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