far too simplistic a rendering of a country with over 1000 languages, dude...
China might be having 1,000 ethnic groups and each will be speaking a language of its own... but only one group (Han) holds the power. The other groups are marginalized (Tibetans, Mongols.etc). Ah yes we can't have a discussion about China without bringing up that stick westerners use to beat China with - Tibet! |
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Thanks for the info Abdussamad, but I'm still struggling. I have gpg4win installed (kleopatra) I downloaded the Sha256sum.asc file from your link, I then right click it and select "verify" but it just says " no signature found" Totally confused  Before verifying, you need to download and import Gavin's public GPG key (ID 0x1FC730C1) into your computer. I'm not familiar with the exact steps to follow in kleopatra but it shouldn't be too complicated. Yeah you can find the sigs on the bitcoin.org page I linked above. |
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I find if funny that you talk about greed when you where clearly one of the people causing it. paying 1500 for a bitcoin is insane. You will not get your money or coins back because no one scammed you in any way. You clearly did no research before you bought and you clearly bought on an impulse. You may want to think about why you have no money.. it could be because you do things like this.
1500 is the price bitcoin will reach mid next year. If the OP holds on to the coins he won't make a loss and might even turn a profit. @OP: You may want to start reading about bitcoin before you do anything else. Take it slow. I suggest starting with basics on the wiki: en.bitcoin.it |
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So are you male or female? I don't hug strange men but girls are ok.
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The Renminbi is rapidly growing as an international currency. It recently came into the top 8 or 10 of most used trade currencies. The government of China's priority lies in promoting the renminbi not bitcoin. Bitcoin is facilitating capital flight from China. Why would they allow it? You are going to see a clampdown on bitcoin in all developing countries.
The only countries that stand to benefit from bitcoin are, ironically, financial centers. That's right! Places where bankers rule is where bitcoin is being welcomed the most. Consider Switzerland, Singapore and Germany. These countries are adopting bitcoin because they see it as a threat and it is essential for their survival that they play along. The only exception to this are the USA, because they want to preserve the role of the dollar, and the UK. I imagine the British are just following the Americans in this. Got to preserve that special relationship!
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I agree. Bitcoin wallets still lack the appeal needed to satisfy the average person. The importance of looks is bigger than most of us realize.
Average person does not use bitcoin. Average bitcoin user keeps coins in an exchange or at blockchain.info. I think you mean to say "Average person does not use wallet". But anyway, I think that is largely true. Let's educate them  No I meant what I wrote. Most people haven't heard of bitcoin yet and they don't use it. There are surveys floating around if you want to look it up. |
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I agree. Bitcoin wallets still lack the appeal needed to satisfy the average person. The importance of looks is bigger than most of us realize.
Average person does not use bitcoin. Average bitcoin user keeps coins in an exchange or at blockchain.info. |
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You may want to look at Trezor. Their code is all open source and I've been waiting for someone from China to get started on cranking out clones.
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I think you'll find that Python is the language of choice for most bitcoin apps.
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Hello, I have got a question about Wallets and addresses ...
I have created a bitcoin savings wallet with Armoury.
My question is regarding the address of my read only wallet.
I can make addresses to receive bitcoins.
What I want to know is if I somehow were to lose my read only wallet with its adress. Would I be
capable of restoring in some way the address(and its bitcoins?)? Assuming I still posses the paper wallet of the original offline wallet.
Yes. If not then clearly I should back up the read only wallet as well right?
No. |
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thx for the input fellas just reading through, dont wanna start an argument here : ) appreciate the help
There is no argument. What michagogo said is correct. What you are seeing is the community correcting itself which is one of the beautiful things about open source. |
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That's not really a good argument against it, 100 years should be enough time for any early adopter that still has access to them to move their coins.
What about coins that are time locked by some arrangement or another? What about people that are living under a rock and never learn in time that their coins need to be moved or they will be distributed like candy among miners? Yes there are people like that in this world. IMO any talk of "redistributing" bitcoin wealth needs to consider these and other scenarios. |
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Like http://bitaddress.org but with nice artwork for denominations 50 100 250 500 1000 mBTC - somebody do it! because you already know a private key and can preserve it. Of course you can. Yeah it's a gift meaning you are paying for it out of pocket willingly. Are you going to go back and steal the coins after you've gifted them away? Makes no sense. |
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ETA: %time Andreas' last name is misspelled: 84.375%
Damn that's tough! It's the odd mixture of Greek and American that throws people off He's my favourite of the LTB regulars, though. |
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Useful input - surely if the coins haven't been touched in 100 years it can't be counted as stealing
Yes it is still stealing. - the way I look at it is that at the beginning, before most people here had even heard of bitcoin, people tried it for a while didn't really see it going anywhere and subsequently deleted/lost/no longer have access to wallet.dat with potentially 100's/1000's of coins.
This is exactly why it is stealing. You are not only stealing from the original owner of the coins. You are also stealing from every other bitcoin owner on the planet. Why? Because our coins are more valuable because of all the lost coins. If those lost coins start circulating again our coins become slightly less valuable for it. But does it actually reduce the value? You could run the bitcoin network of 1 bitcoin, you would just have to keep making it smaller denominations. Likewise if you just 'lose' coins surely you get to a point where you just make it a smaller demoniation and the end state hasn't changed? I don't foresee adding the lost coins back in, in 100? years time making a significant difference? if it was put to a vote? everyone agreed. Would it really affect the price? especially if you limited the amount of coins that could be bought back in per block? Where do you stop then? First bring dormant coins back into circulation. Then start issuing more coins beyond the 21 million hard limit. Then start issuing unlimited coins based on votes/central bank of bitcoin/government fiat/religious fiat whatever. Pretty soon bitcoin turns into just another currency. This is a slippery slope. |
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Useful input - surely if the coins haven't been touched in 100 years it can't be counted as stealing
Yes it is still stealing. - the way I look at it is that at the beginning, before most people here had even heard of bitcoin, people tried it for a while didn't really see it going anywhere and subsequently deleted/lost/no longer have access to wallet.dat with potentially 100's/1000's of coins.
This is exactly why it is stealing. You are not only stealing from the original owner of the coins. You are also stealing from every other bitcoin owner on the planet. Why? Because our coins are more valuable because of all the lost coins. If those lost coins start circulating again our coins become slightly less valuable for it. |
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Absolutely - top priority should be security - I agree.. I'll look forward to some new designs when the devs gets around to that devs don't do design. If you are a graphic designer/ui designer then lend a hand. You will be welcomed with open arms. |
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Coin Recycling Stealing
FTFY |
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This has been said hundreds of times, and shall be said again. Blockchain.info does NOT have access to your unencrypted private keys, it's not an online wallet since a thief can't hack their database and steal loads of passwords. The only way you would lose them on Blockchain would be to login while a hacker implemented some malicious javascript, but I still think that's yet to happen..
bc.i is an online wallet because it serves up an encrypted copy of your wallet to anyone who knows the wallet identifier. It also stores the encrypted wallet on its servers thereby making it available to its employees as well as the datacenter staff. The other thing is that it uses javascript to generate the random numbers for the wallet and also for the transaction signing. This has caused problems before. Some ways in which people have lost money on bc.i wallets: - RNG bug caused random numbers to be reused which made it possible to calculate the private key behind an address. - Hacked because the user used a simple password and the wallet was bruteforced. This would be much harder on a desktop client because you first have to get access to the encrypted wallet file. |
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