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2961  Bitcoin / Bitcoin Discussion / Re: Regret and depression on: January 29, 2015, 08:49:51 PM
Don't worry man, no need to live a life of regret and depression.



Buy now while you still can.

2962  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 08:40:01 PM
Market Cap don't lie.

you must be new here  Roll Eyes

Explain beartroll.

And please don't be another one of NotLambChop's 35 alts, posting a stupid gif.
2963  Bitcoin / Bitcoin Discussion / Re: Why is everyone so quiet? on: January 29, 2015, 08:35:05 PM
Tis the calm before the storm, my friend.

Once Coinbase gets fully licensed in NY and Cali, once Gemini launches, once the COIN ETF finally launches, once Paypal launches...

Believe me, there will be alot of chatter once all this happens.  It's only January!   Cool

Let's just wait a few months and not worry too much about the price!

What is this news about PayPal?

I think Braintree just recently launched their SDK for Bitcoin payment processing, which means PayPal's Bitcoin payment processor won't be far behind.  Should fully launch shortly:

https://www.paypal.com/webapps/mpp/paymentshub
2964  Economy / Services / Re: [BIT-X.com] [NEW RATES] Earn Bitcoins by Posting | Signature Campaign on: January 29, 2015, 08:09:12 PM
Yea, will I be paid all of my posts in senior rates? I am only 2 activity away and in less than a week I will be senior. I really hope all my posts will be counted as senior.


They will be!
Thanks a lot, this is the best signature campaign I have been in since primedice.

Agreed, Bit-X Sig Campaign kinda takes the fun out of the wild wild west sigs days that used to be here in Bitcointalk.

I remember the fun days, when we used to have to hound the OP 3 or 4 days after the specified pay date, and we would have to threaten to Neg trust him/her and Dox their gambling or whatever website, labeling them "Scammers".

Bit-X kinda takes the fun out of chasing down our payments on payday, it's almost "too reputable".   Undecided

They just hit us with payouts like it's nothing, and make us 2 Factor so it's secure...just unreal.   Cool

Kudos Marcotheminer/Bit-X for taking up the mantle, and improving what the standard should be for advertising and signature campaigns in Bitcointalk.  Well done.
2965  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 08:00:43 PM
Value is not a good measurement of how BTC is doing. Right now its value is simply the playground of a bunch of speculators.

If you look for alternatives you should look at the technical differences. Where BTC has been quite stagnant on that front, some altcoins have faired way better. Take a look at NXT for example, tons of projects are being build on that. There are plenty of others too. SYS is building a decentralised exchange. Vericoin has a very cool wallet. HYPER is aimed at gamers and pays 5%/month interest for PoS. And some countrycoins are doing well, most notably NLG and Sterlingcoin.

People here say that BTC is the one and only. Very understandable. But does anyone stop to remember MSN? Or MySpace? BTC needs to keep reïnventing itself or it will be replaced by something better. It's the blockchain technology that really is the breakthrough, not BTC itself.

Read the white paper again and wiki:

https://bitcoin.org/bitcoin.pdf

https://en.bitcoin.it/wiki/Block_chain

You can't separate the two, they work in conjunction with each other, and because of each other.

There's no blockchain without Bitcoin, and vice versa.

Excuse me, I could have chosen my words more precisely. Where I used the word 'blockchain' I ment 'a public ledger with a certain set of algorithms governing it'.

In my defence, most people refer to those ledgers as 'blockchains'.  I will even go so far as to contend that the public use of this word will replace the meaning that you quote from the Bitcoin wiki, where it refers only to the public ledger that underpins (or: is, in a sense) bitcoin.

I think you're referring to altchains, that mimick or copy the original blockchain technology.

There's only 1 true Blockchain, and it specifically deals with Bitcoin only.

If you're talking about scamcoins that copycat blockchain and the Bitcoin protocol, don't bother:



There really is no point.  There's just no backing, no support, not enough development behind Ripple, or Litecoin, or Paycoin, or NXT, or Stellar.  Is Ethereum still a thing?

Just don't waste your time or money with that nonsense.  Market Cap don't lie.
2966  Bitcoin / Bitcoin Discussion / Re: Why "Bitcoin" from "Anything else" ? on: January 29, 2015, 07:46:42 PM
If you travel to another company, you can transfer a large amount of money or just carry a paper wallet or hardware wallet, and avoid exorbitant amount of fees dealing with international banks, atm withdrawals, or currency exchangers.

If you have a sick or needy uncle in Africa, Antartica, or Asia, you can remit money worldwide in literally minutes.  No need to wait for Western Union and deal with their ridiculous fee structure and wait time which can range from minutes to multiple days.

All for small transaction fees ranging from a few cents to a few bucks.

If you're a big Amazon user, then I'd highly recommend https://purse.io/

20% savings for buying things in Bitcoin, and you get to sell your Amazon gift cards for Bitcoin.  Like a marketplace, matching buyers and sellers Amazon Wishlists, but with Bitcoin as a medium instead of money or gift cards.
2967  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 06:16:02 PM
Value is not a good measurement of how BTC is doing. Right now its value is simply the playground of a bunch of speculators.

If you look for alternatives you should look at the technical differences. Where BTC has been quite stagnant on that front, some altcoins have faired way better. Take a look at NXT for example, tons of projects are being build on that. There are plenty of others too. SYS is building a decentralised exchange. Vericoin has a very cool wallet. HYPER is aimed at gamers and pays 5%/month interest for PoS. And some countrycoins are doing well, most notably NLG and Sterlingcoin.

People here say that BTC is the one and only. Very understandable. But does anyone stop to remember MSN? Or MySpace? BTC needs to keep reïnventing itself or it will be replaced by something better. It's the blockchain technology that really is the breakthrough, not BTC itself.

Read the white paper again and wiki:

https://bitcoin.org/bitcoin.pdf

https://en.bitcoin.it/wiki/Block_chain

You can't separate the two, they work in conjunction with each other, and because of each other.

There's no blockchain without Bitcoin, and vice versa.
2968  Bitcoin / Bitcoin Discussion / Re: Bitcoin cold storage - HACKED easily on: January 29, 2015, 06:12:02 PM

That would not help with this attack, as the keys are compromised during the signing whether it happens online or offline. If you have a system running a compromised version of ECDSA, there's nothing you can really do to protect the private key of an address that's been used to sign a transaction. That being said, the attacker first has to get you to use a compromised version.
Which definitely can't be defined as 'easily'.
The hack would be rather hard to deploy, especially on a larger base.

large scale = any online wallet can be compromised in this way. When it's about computer, you can not be ever sure. Anyway, why would someone keep a large amount of funds in BTC by having the fear that he can wake up in a morning and see : balance ZERO.

Stop trying to spread FUD dude.  

It's already been established, it's near impossible to hack cold storage, unless that attacker somehow installed the compromised version of ECDSA on the cold offline wallet.

Can't be done, only in theory.

who established ? Smiley  

Carlos Rienzi, head of Security at Xapo:

https://blog.xapo.com/xapo-responds-to-coindesk-article-on-susceptibility-to-backdoor-attack/

Your myth has been debunked.

BUSTED!     Grin

final words : "we believe that our deep cold storage architecture offers the highest levels of bitcoin storage security available by any bitcoin company."

why do you show me ADVERTING? Smiley


Not sure what ADVERTING is, but whatever Xapo is selling, I'm buying.   Roll Eyes
2969  Bitcoin / Bitcoin Discussion / Re: Bitcoin cold storage - HACKED easily on: January 29, 2015, 05:46:17 PM

That would not help with this attack, as the keys are compromised during the signing whether it happens online or offline. If you have a system running a compromised version of ECDSA, there's nothing you can really do to protect the private key of an address that's been used to sign a transaction. That being said, the attacker first has to get you to use a compromised version.
Which definitely can't be defined as 'easily'.
The hack would be rather hard to deploy, especially on a larger base.

large scale = any online wallet can be compromised in this way. When it's about computer, you can not be ever sure. Anyway, why would someone keep a large amount of funds in BTC by having the fear that he can wake up in a morning and see : balance ZERO.

Stop trying to spread FUD dude. 

It's already been established, it's near impossible to hack cold storage, unless that attacker somehow installed the compromised version of ECDSA on the cold offline wallet.

Can't be done, only in theory.

who established ? Smiley 

Carlos Rienzi, head of Security at Xapo:

https://blog.xapo.com/xapo-responds-to-coindesk-article-on-susceptibility-to-backdoor-attack/

Your myth has been debunked.

BUSTED!     Grin
2970  Bitcoin / Bitcoin Discussion / Re: A good way to save your bitcoin and not impulse-spend it on: January 29, 2015, 04:42:11 PM
Uhm, can't you just transfer your Bitcoin to a paper wallet or hardware wallet, then throw in a safe?

I'd think that would deter even the most impulsive spenders, since they'll have to jump through hoops just to access it.
2971  Bitcoin / Bitcoin Discussion / Re: USA just released a digital currency white paper. Wonder where they got the idea on: January 29, 2015, 04:37:59 PM
see if hustlertube.com was updated as well and maybe Spankwire too... thanks Smiley





Check out the bits on that sexy coin.  HUBBA HUBBA!



I bet she can fork my blockchain.  I'd last only 10 minutes for 1 confirmation!
2972  Bitcoin / Bitcoin Discussion / Re: Why is everyone so quiet? on: January 29, 2015, 04:32:22 PM
Tis the calm before the storm, my friend.

Once Coinbase gets fully licensed in NY and Cali, once Gemini launches, once the COIN ETF finally launches, once Paypal launches...

Believe me, there will be alot of chatter once all this happens.  It's only January!   Cool
2973  Bitcoin / Bitcoin Discussion / Re: USA just released a digital currency white paper. Wonder where they got the idea on: January 29, 2015, 04:15:54 PM
Like they say "Imitation is the greatest form of flattery".

Whatever government coin or payment system will be shutdown, once Bitcoin reaches the adoption phase.

Apple Pay will alert masses to the future of mobile payments, then Bitcoin will usurp them in total usership, once they're all on Android phones.

Can't wait to see how this all plays out.
2974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2015, 04:10:39 PM
Sure. Keep telling yourself that everything is looking great and this is anything else than a useless pump and dump coin being raped by traders.

Cannot be raped if we never sell for a loss. If Bitcoin fails than we lose everything but we are willing to take that risk in completing this experiment, otherwise
being a dis-inflationary currency we will eventually see a reversal in 2016 at the latest.

By 2016 nobody is using this useless slow coin anymore. Tons of alt coins out there are better than Bitcoin. And seeing how Bitcoin adoption is greatly slowing down every day there will be no reason to use it anymore by the end 2015.
But go ahead and keep buying thinking we will go the moon. I'll be here to enjoy the show.

If adoption is greatly slowing down every day, why did NYSE, BBVA, and DoCoMo throw away $75 million at a Bitcoin based company in Coinbase?

Seems counter-intuitive for such prominent investors.
2975  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 04:01:46 PM
BITCOIN. ONE STATEMENT. ELECTRICITY WHORE ! LOTS OF WORK AND NO RETURN WASTED MONEY AND EFFORT .

Is that a reference to Bitcoin mining or the Proof of Work Algorithm?

I'm not sure which angle you were going for, maybe TALK A LITTLE LOUDER!   Angry
2976  Bitcoin / Bitcoin Discussion / Re: If Bitcoin fails.. on: January 29, 2015, 03:42:37 PM
there were business where billions were invested and they collapse. yes, bitcoin may fail. remember that the whole BTC is based on few fishy exchangers and black market Smiley


you should go tell microsoft and dell and newegg and overstock and richard brandson  this amazing discovery you have made  Cheesy

Indeed.  Perhaps tell Paypal and Expedia and Mozilla and Wikimedia and NYSE and BBVA and DoCoMo that their acceptance and investments were all for not.

Bitcoin's dead fellas, and it's not coming back.   Sad


I like this interview. See from 1:35.  it is for you   hehe

http://www.bloomberg.com/news/videos/2015-01-16/bitcoin-battered-fortune-reversed-in-74-decline

I like this one better, maybe you should hold some BTC dust just in case.  hehe

http://money.cnn.com/2015/01/27/investing/bitcoin-winklevoss-twins-gold/
2977  Economy / Service Discussion / Re: Blackarrow site down on: January 29, 2015, 03:39:58 PM
One of the scummiest, scammiest Mining companies to date in Bitcoin's sleazy manufacturers history.

The amount of reputable mining companies that deliver on time and on spec, you can probably count on one hand.

Thank God I was able to get out of my Black Arrow X-1s order through Minersource somehow, and they themselves have proved to be somewhat underhanded.

Between BFL and Black Arrow, they've definitely left an indelible stain on the mining scene.

Not too many miner companies besides Spondoolies and Bitmain, that you can truly count on.  KNC and Cointerra have proven to be shit companies.  Maybe Rockminer/Asicminer, but that's about it.
2978  Bitcoin / Bitcoin Discussion / Re: If Bitcoin fails.. on: January 29, 2015, 03:31:21 PM
there were business where billions were invested and they collapse. yes, bitcoin may fail. remember that the whole BTC is based on few fishy exchangers and black market Smiley


you should go tell microsoft and dell and newegg and overstock and richard brandson  this amazing discovery you have made  Cheesy

Indeed.  Perhaps tell Paypal and Expedia and Mozilla and Wikimedia and NYSE and BBVA and DoCoMo that their acceptance and investments were all for not.

Bitcoin's dead fellas, and it's not coming back.   Sad
2979  Bitcoin / Bitcoin Discussion / Re: Cryptonation/micronation on: January 29, 2015, 02:59:43 PM
Why would we have to pay for citizenship on Cryptonation?

Isn't HODLING and spending and paying everything in Bitcoin enough on the island?   Embarrassed

If you're a member here in Bitcointalk for over a year, should mean you're automatically qualified for Cryptocitizenship on Cryptoisland.
2980  Bitcoin / Mining speculation / Re: Massive 10PH/s Decrease on AntPool on: January 29, 2015, 02:55:16 PM
Certainly looks like it from that standpoint, but if you were to look at the pools pie chart here, it doesn't like much difference:

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