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3121  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: September 14, 2014, 08:53:16 PM
Hi regel nr. 1 bei bitcoin:

Gehört der private key zu den entsprechenden bitcoins nicht dir, besitzt du keine bitcoins. Smiley

Aber ich verstehe durchaus den punkt das es menschen gibt, die sich nicht mit der sicheren verwahrung von bitcoins befassen wollen.
Das winkelvoss etf wird für jene menschen aber das perfekte instrument zun investieren in bitcoins sein.



Und der TREZOR zum benutzen.

(verdammt, ich kann's nicht lassen)

Aber es stimmt halt: jetzt gibt's keine Ausreden mehr, seine coins nicht sicher zu verfahren.

Ich kann ohschei8es Verhalten damals nachvollziehen, heute geht das garnicht nicht mehr. Ich seh aber schon wieder die ganzen newbs ihre coins auf circle rumliegen lassen: "oh tool, einfach! kost nix! instantaneous!". Das ist genau die Denke von Leuten die dann zu faul sind sich das Wissen reinzuziehne wie man keys ordentlich aufhebt und das dann zu machen. Das endet wieder bös, ich sag's euch.
3122  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: September 14, 2014, 08:46:33 PM
Wollte Bitcoin/Satoshi/Whoever das wirklich? Ich glaube nicht, dass es jemals Plan der Sache war, ein kommunistisches Utopia auf Bitcoin aufzubauen.

So war es nicht gemeint. Ging darum, dass es sicher sein sollte. Das ist es für die meisten nur in der Theorie möglich.

TREZOR!

(sorry, ich kann das einfach nicht lassen)
3123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2014, 08:27:09 PM
Personally, I would have speculated (again) that these machines have such a short lifespan (due the seemingly ever exponentially increasing hash rate) that you would want to continue to run them while they are still profitable and with the passage of time they are going to become, more or less giant paper weights.. or maybe ONLY heaters b/c they are otherwise running at a loss.

My first-gen BFL ASICs were obsolete last winter. By the end of winter even underclocking them wouldn't have helped.

Indeed I see my miner as only a heater. Even if I only earn a few satoshis, I still feel as if I'm contributing to the network.

have you considered solo-mining? Then it's like playing the lottery.
3124  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2014, 05:08:52 PM
When in doubt HODL

You're preaching to the choir bro.

Hold On for Dear Life.

Hodl* On for Dear Life.


I like the recursion

cout>>Hodl;

while (BTC_price<ATH || abs(delta_BTC)>50)

{cout>> "on for dear life";}

That's not recursion, just a loop.

But it's better to implement it this way... otherwise: stack overflow!
3125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2014, 02:13:54 PM

3126  Economy / Service Announcements / Re: Bitfetch - Anonymous Remote Torrent Downloading on: September 14, 2014, 11:16:22 AM
dpositing is broken. cannot top up balance ;(


3127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2014, 05:44:10 AM
let's see wether the market was held back by it... doesn't seem so.
3128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2014, 05:41:24 AM
Someone finally took a chunk out of that 3k wall on Bitfinex.

kaboom

3129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2014, 10:18:14 PM
people with one coin will soon enough be consider a whale.. ^^

then what will the current whales be considered? Moons?
3130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2014, 10:17:10 PM
Sorry for the long post. Life without pretty wenches can be hard and one is inevitably filled with excess energy, that is
 if one avoids indulging in the " solitary sin". Perhaps I should do more press ups.

Ragna

Thanks for your previous post. I acknowledge the possiblites, although the likelihood decreases towards the end.
3131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2014, 08:59:04 PM
am I seeing correctly a 3,500 BTC ask wall on bitfinex?
3132  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: September 12, 2014, 08:14:48 PM
Es gibt derzeit gerade mal geschätzte 1.6 Mio. Bitcoin Nutzer, die mehr als ein paar Satoshis besitzen. Bei einer Zielgruppe von etwa 7 Milliarden würde ich sagen, die Chancen, dass du noch Early Adopter bist, stehen gut! Allerdings sind es eben nur Chancen. Niemand kann garantieren, dass alle 7 Milliarden irgendwann Bitcoin nutzen.

Ich sehe die mögliche Zielgruppe für Kryptowährungen etwas niedriger, aber doch höher als heute:

- alle Leute, die Geldbeträge über Landesgrenzen überweisen müssen (Remittances usw.). Insbesondere Arbeitsmigranten, aber zum Teil auch Touristen. -> traumhaft niedrige Transaktionskosten
- Nerds / Computerfreaks (sind weltweit nicht ganz wenige, auch wenn sie sich im Understatement üben)
- natürlich ein Teil der Kriminellen, obwohl Bitcoin dafür eigentlich zu transparent ist (= kein dramatisch hoher Marktanteil)
- Leute, die oft online einkaufen -> ich kann mir vorstellen, dass tatsächlich bald Rabatte für die Nutzung von Bitcoin üblich werden, wegen des geringeren Händlerrisikos

vielleicht irgendwann noch:

 - Leute die sparen wollen

Ich denke da wären wir dann bei 7 milliarden.
3133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2014, 08:00:46 PM
urgent! many are working to silence my warning! bitcoin is on the verge of collapse!

Hmm. 'verge of collapse'? where have I heard that before?

Right: URGENT, Bitcoin is on the verge of collapse !!!
3134  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: September 12, 2014, 06:39:00 PM
this is absolutely unbelievable.  i guess we don't have to worry about blockchain storage:



fucking hell!
3135  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: September 12, 2014, 06:37:32 PM
Bitcoin annualised inflation rates just recently went into single figures ... now at 9.91%.

I feel like a celebration is in order for the bitcoin algorithm taming inflation to below 10%!!

https://bitcointalk.org/index.php?topic=130619.msg1397456#msg1397456

Looks like we just surpassed the cross on the second chart of time.
I don't see what you see. The cross under 10% is supposed to happen in mid-2015. It may have been brought earlier by the constant increase in hashrate, but at the same time this causes a shorter block time and higher coin emission (around +10% these days), so I think it can be confidently stated that we are still months away from going under 10% annual inflation.

At block 320,351 (right about now) annualized inflation is roughly:

Code:
(1 + (25*6*24) / ( 210000 * 50 + (320351 - 210000) * 25 ) ) ^ 365 - 1 = 10.4%

EDIT: corrected a 24 to a 25 which I previously thought I had corrected but instead f-ed up.

So yeah, if this is correct, we're not at 10% yet (about 140 more days to go)
3136  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: September 12, 2014, 06:21:32 AM
Bitcoin annualised inflation rates just recently went into single figures ... now at 9.91%.

I feel like a celebration is in order for the bitcoin algorithm taming inflation to below 10%!!

https://bitcointalk.org/index.php?topic=130619.msg1397456#msg1397456

Yay! This is really a good reason to celebrate.

Honestly, I can't wait for the next reward halfing which will put us at around 3% inflation. Getting close to a typical central bank target...
3137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2014, 10:08:10 PM
Ragnar- one of the few newbies not on my ignore list  Cheesy

Careful.  He (Ragnar/Fallling) is garnering your trust.  Once your defenses are down, he'll betray you in a dramatic true-believer-realizing-he's-been-duped about-face.

Treacherous, these trolls Angry

I'd much prefer that to bitcoin_is_a_mirages approach, which is just plain boring.
3138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2014, 09:21:43 PM
Lol. Re: girlfriends - mine kept saying 'what if it's not really open source? What if it's a plot by *insertshit*.

I would say 'no look, here is the source code. Look. It's there. That's it. That's what it is. I can see what it is and what it will do.'

More frustrating than the bear market tbh!

I would say to mine "No one can stop you transacting Bitcoin and there is no power on earth that can take your coins from you if you store them properly. You can walk with impunity through any customs port in the world. Bitcoin will make mockery of capital controls. Someone just transacted $20,000,000 in a few minutes and paid no fees". She would respond "that's very good my dear...... Where do you want to eat tonight".

Ragnar

NSA back door discovered on all iPhones direct from factory! The scope of these NSA intrusions are not even known yet... do NOT believe you are safe because you have android phone. the NSA will be able to seize your coins under almost any circumstance, if they wish to. maybe some of the hacks are NSA thefts? how do you know they are not?


Sure, but who said anything about a phone?

NSA has back doors installed in common software as well. Windows, Mac OS X, you better believe it. Any time they want, they can access your PC with a RAT and steal the coins! There is nothing anyone can do!

Is this the currency you would like to trust your life savings too? I think many people prefer cash and traditional banking still!

They're going to steal my coins that are on a machine running an open source OS, open source wallet, that doesn't have wifi?

OK, how... and then... why?

Heyhey, security specialist here,

How about modifying hardware chips at a major supplier to mess with the entropy of the pseudorandom number generator of your system. Then, with a significantly smaller possible key-space only known to the attackers, regenerate keys and find balances to swipe.
In this case your offline machine can be crushed, burned and burried right after you generate your wallet and still be swiped years later.

Don't be fooled by your idea of knowing what there is to know about this subject. Diversify your storage methods like you diversify your investments. You simply can't know the unknown, but you can manage the unknown.

-xalex

This is good advice.

Regarding the first point: there's simple random number generators very hard to backdoor called dice. Use them.
3139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2014, 09:11:49 PM
Ahoy-hoy Bitcoin people. I have been lurking here for well over a year but neglected joining partly because my girlfriend induced in me a soporific, hedonistic, idleness. I spent months trying to teach her about bitcoin - I even gave her a couple back in the bubble at the end of last year - then a few weeks ago she asked me if I could trust all of my savings with "the bitcoin company"! I told her that my bitcoins are stored in my head. Her eyes glazed over, and our relationship had to end.
      So, here I am. As a second best alternative to a hot Chinese girl , I suppose I may start to post musings on small percentage changes in the dollar rate of the good old bitcoin.

Pirate Ragnar

Ahoy pirate Ragnar! You are surely a welcome addition to this crew of mostly men (some trolls among us). Some of us have alienated friends or even partners just like you, only to board this sturdy ship and sail these dreaded seas so volatile that many souls it ate already.

The staleness of this place has come to be a burden lately though, and I for one look forward to a fresh strong breeze to come!

Hey ho!
3140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2014, 08:58:13 PM

And they are acknowledging a danger for their mandate in case of bitcoin gaining substantially higher adoption, just like the ECB has in 2012.

Of course their "real goal" might differ from the "official goal", but I think the danger is real for both of them.
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