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I think you confuse with "used by the huge majority" with mainstream use.
Sorry to say, but what you say is just not true.
Just a few pointers: Linux is the most used server OS, by far
Firefox still has over 20% market share
@others, again you confuse two concepts, mainstream and majority.
Even if "the majority" won't directly use Bitcoins, I am sure they will use it without knowing it.
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Professionals can be fired. Amateurs can not.
Wow that statement is mind-boggeling! |
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Actually I think guvernments of the future (maybe present) will mine BTC. But not to destroy it, but to not miss out if this takes off. They have think tanks that report to them and if Bitcoin gets too much momentum, they surely won't just stand by and do nothing!
They could just not sell the coins they confiscate. They could just keep them and use them as some sort of reserve. It may come in handy at some point. Wikileaks didn't spend their donations as well, and suddenly they were worth a freaking lot - it saved them! Obviously they wouldn't want the whole world to know that they actively keep those BTC. If one nation starts to notice that other nations stockpile BTC, a big run on BTC would happen. Everyone would want to be the first. Like the nations stockpiled gold when there was a run for it. I guess you would start collecting as much as you are interested in having and then publicly announce it or make it obvious that you started stockpiling it for some time now. That way you ensure that the price skyrockets, making your investment more worth and it becomes more stable. Yes and in addition to that you don't even announce that you already own the stockpile, you just say that you are going to acquire it. This way you have a doubled effect: People get more confidence in the currency + expect a sharp rise due to influx of your governments money. This will lead to a leveraged bitcoinprice that will attrakt private and institutional investors. That is how I'd do it. |
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Why not just do BOINC calculations without being selfish?
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Ethereum at this time has raised 23,804.11715496 BTC!
I have never seen anything like it. Something big is going to happen.
Not sure if good or bad but ETH going to rock the cryptoworld one way or another.
It will shatter the dreams of the investors. Haha |
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I recieved 500.....could first post be updated?
update: you get a max of 900 coins, after you veryfied your email This gets lowered every day to giveaway a constant value (according to them!) |
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All miners are welcomed to secure Bitcoin with additional hashpower, government too  yes, that is the beauty of the design. By being selfish (the government) they help secure the network more. Perfect incentivication! |
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If you have any change from your transaction, you can send the change to another address that you own with enough fee to cover both transactions and that may get your transaction confirmed. child-pays-for-parent is not implemented by miners Hmm that's something I thought existed. It would profit miners to implement this; why don't they? If Replace By Fee were standard, no transaction would ever be instant, even very small ones. Some see this as an improvement in security at the expense of convenience and choice, others see the improvement in security to be so minuscule, especially with small transactions, that the cost in convenience makes it not worthwhile (although I'm probably summarizing all this incorrectly).
Replace-by-fee, combined with child-pays-for-parent, seems to make 0/unconfirmed transactions much more secure for small transactions. Just read the thread where Peter Todd describes the proposal; he has a very well thought-out argument for why, which I'll summarize: Current system: - If a scamer manages to send out a double-spend transaction at the same time as you send the actual transaction, 50% chance yours is confirmed 50% theirs - theirs might even have a higher chance if it has higher fees and a miner (but not most clients) is implementing replace-by-fee. - Expected value for potential scamer: 0.5*amount_paid - Expected value for you: amount_paid - P(payee is not a scamer)*amount_paid Replace-By-Fee system: - If a scamer sends out a double-spend transaction at the same time as you send the actual transaction, you send another transaction paying the output of your transaction to a transaction fee. Scamer receives nothing, but neither do you. - Expected value for potential scamer: 0 - Expected value for you: amount_paid As you can see, there's no longer any motivation to scam. The only reason there would be motivation to scam is if the scamer has a vendetta against you, and if losing the money would cause significant damage you wait for a confirmation - which should be true now anyway. Potential flaw, you double spend accidential yourself. I managed to do that too... |
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Are you retarded or something?
Can't be serious, the creator of the video must be joking too. Elaborate trolling!
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Has anyone considered what might happen if a government with money and technology were to build their own large scale mining farms? Nope. They could secretly mine tons of bitcoins and sell them on the market and manipulate the value. Oh my gosh! Or they can render the entire bitcoin network inoperable due to various attacks or manipulations. Can they really do that? There are lots of government that can do this, and maybe some of them are already.
Wow. How frightening! This is terrifying. I'm selling all my coins right now. Way ahead of you. I bet you noticed the downpressure the last days. Yep, thats me. |
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Well, yes he did it! Riding a bear barechested!  |
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Right that since transacting in BTC is anonymous, it can be used by the bad guys on its maximum.  Well, it's considered to be *pretty* anonymous. Given some work, and enough people, it's still quite possible to trace a transaction back (even if you use multiple addresses). Blockchain sleuthing is something one of my friend likes to do in his spare time, actually o_o It is very easy for NSA and FBI to find out your identity if you do doggy thing with bitcoin. If you make mistakes yes. But I bet most people are not caught because they trace transactions, rather they make mistakes by posting info on the internet. DPR was caught that way too! |
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Bitcoin have the potential to become gold, which is reserved by most countries to back up their currency. There is an possibility some countries mine Bitcoin and stock it to back up their currency.
Name one country thack backs up its currency with gold? |
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Armory, Bitcoin QT for Offline
Blockchain.info online
Paperwallets cold
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BTW... folks looking for some free BTC? Register at www.stellar.org .... if you sign up with your email and facebook account, you'll get 6,000 STR (Stellar). You can then turn around and sell it at justcoin.com .... this will fetch you at current prices... 0.027 BTC or roughly 16 USD. It's free money!! Don't forget to send me a tip at: 1Euv4fj2q4rvjVFcf6mJSVyFdiGF3KmCYR (BTC address) When will you release the NEX? Also, you only get 500 anymore for signing up! |
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He is a A++ douche, but good for him to realize facts afterall  |
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NXT and BTC. All the other coins will have a hard time because they don't offer much.
Of the 2.0 coins I think ethereum will lose the most of value (per coin), MSC will completely fail, XCP might see some gains and bitshares maybe doubling in value.
Gonna be an interesting year!
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Actually I think guvernments of the future (maybe present) will mine BTC. But not to destroy it, but to not miss out if this takes off. They have think tanks that report to them and if Bitcoin gets too much momentum, they surely won't just stand by and do nothing!
They could just not sell the coins they confiscate. They could just keep them and use them as some sort of reserve. It may come in handy at some point. Wikileaks didn't spend their donations as well, and suddenly they were worth a freaking lot - it saved them! Obviously they wouldn't want the whole world to know that they actively keep those BTC. If one nation starts to notice that other nations stockpile BTC, a big run on BTC would happen. Everyone would want to be the first. Like the nations stockpiled gold when there was a run for it. |
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Viel Spaß damit!
BTW sobald du einen höheren status hast kannst du mit Posten geld verdienen, musst einfach nur einer Kampagne im Service forum joinen.
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I just noticed something else: https://blockchain.info/tx/eb4dfa9e3f091b550701784b7bd7945a7344d99bf0ab20c7bac19239af034f67Total Output 0.20575408 BTC Why are there 6 inputs for a single 0.0001 BTC output? ANY of the inputs had enough to send this sum and the fee! Why did the transaction include ALL inputs, especially since the older inputs had sufficient funds. If the fee needed to be paid, still that requires the 0.20040716 BTC input and another one. Lets assume that OP borked up the transaction and switched the fee with the send. You need to use inputs worth 0.2001 BTC. That means the 0.20040716 input and absolutely any other except the spam dust one. To do that he would have to mark all those input addresses so that BCI would make such a transaction, then put a "New" address as change. |
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