I have about 100 of them, because I created a lot of "fake" addressess for "Flytraps" - If they are triggered, I know someone compromised my computer, or have access to my home.
How much bitcoin do you have in each of your "flytrap" addresses? Do you have the addresses segregated for various vulnerabilities (physical access to your home, access to your computer, but physical and remove, ect)? |
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"We've decided that you can use bitcoin, but only if you use a special government sanctioned wallet that subtracts a tax fee from every transaction you make. If you won't do that, you're going to jail for being a terrorist. Thank you and good night."  This would be impossible to enforce. Since the bitcoin network does not have a specific address, the government would have no way to determine if someone is connecting to it. Not only that but it is easy to use bitcoin via TOR, which would cause a lot of uproar by even liberals if access to this was limited. For the OP: there should be mild regulations concerning converting BTC to fiat and fiat to BTC to combat money laundering, other then that BTC should really not be regulated IMO. |
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They're approving them for quite a while, yeah. I'm still not sure why they changed their minds! Is it really because they don't want to lose the Bitcoin community? I'm afraid that they're too small, still. But I guess it could be that Bitcoin is getting big enough to not be waved off as some kind of silly experiment. They probably wanted to get clarification am AML laws from the Feds. I would speculate that they were worried that allowing bitcoin wallets on their app store would make them a MSB, but since they do not verify identities (nor do they have a system in place for this) they would not be in compliance. Another possibility is that they wanted more information about bitcoin before they semi endorse it by allowing wallets on their app store. |
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So what is the recommended transaction fee to input manually to guarantee this does not happen? This is making me scared to make transactions now.
Most wallets will calculate the proper fee for you. What wallet are you using that you have to enter it manually? The OP probably either had a setting wrong on QT or made a typo when creating a custom transaction on blockchain.info. I have accidentally paid .001 instead of an .0001 fee a couple of times using custom send :/ |
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Not surprised at all.
It's always the same response, every time someone says to me Bitcoin is used for illegal activities I tell them it's no different than what cash can be used for. Heck, Bitcoin wasn't even designed to be anonymous, it's all on a public ledger. Difference between anonymous and pseudonymous.
The mass media is the same way regarding conservative politicians and ideas. I am not at all surprised that journalists want to stop bitcoin from succeeding. Bitcoin is very much against liberal ideals as it takes away power from the government and forces the government to be a smaller, more appropriate size. |
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Good to see people in positions that high getting some hands-on experience with Bitcoin. They are supposed to decide so many things and often don't even know what those things are. I believe politicians could use that kind of experience in order to get to know Bitcoin better!
I think a congressman did the same thing when a Bitcoin ATM was installed in capital hill. It made the news and everything. I do wonder just how much use it get though. I defiantly think this is very good for bitcoin as it will likely cause it to be seen less of a threat to governments. |
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When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.
If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some... If he had moved his coins shortly after moving them, then it would still be obvious what his addresses are that he keeps his coins in. I think he would need to spend them in reverse order that they were mined in (newest first) as the later coins that he mined are less obvious that they were mined by him, causing less of a potential disruption to the market. |
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Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc. I'm looking for real responses and ideas. Please keep the trolling to a minimum  Use something called a trezor its worth 119 dollars to sleep at night http://www.bitcointrezor.com/https://www.youtube.com/watch?v=xObssnQwVggIDK if something like trezor would be something I would want to keep that kind of money protected by. It is very new and it's vulnerabilities have likely not yet been discovered and exploited. Even though this would be trusting your coins with a 3rd party, I would say coinbase vault would be the way to go for me. |
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Wouldn't it be better if a Drone could deliver you Bitcoins or two-way cash for Bitcoins. Could be like a flying exchange ATM ...lol.....
No. Look I'm middle of the road politically but it's NOT good if we have drones flying around all over the place. Say goodbye to privacy and peace if that happens, which it looks like might eventually happen. I mean they'll sell it as "wow look you can have Amazon deliver things to you so fast!" But then yeah the gov. can spy on you so fast too... I agree that privacy would be dramatically negatively impacted when drones start flying all over the US (not that privacy levels are not already a problem). I also don't see this being very realistic. I would think the OP's setup would likely be very expensive so users would need to pay a large premium over market rates. Another issue is that you would need to trust each drone with your cash/bitcoin. You would not have many ways to verify that the drone would actually give you cash or send you bitcoin and could trick you into giving it money and would just fly away. |
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good to see Alex come around... i know he was skeptical a year ago. Who wouldn't have been skeptical last year with all the silk road disasters as well as mtgox faking trades (not that anyone knew it at the time) Good news tho I think there were a lot of people who believed in bitcoin a year ago. I would argue that the Silk Road seizure got a lot of people to start using bitcoin (for less then legal purposes) and Silk Road in general likely was able to get bitcoin on his feet. I highly doubt that MtGox was faking trades, although them loosing all those coins did likely hurt bitcoin long term. I wouldn't say that this Alex guy is going to particularly help bitcoin overall, he doesn't seem like exactly a roll model, although I doubt he would hurt bitcoin either. |
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The point it that Bitcoin is being adopted by big players, I think anyway. I think people are thinking in the short term price of Bitcoin too much. What matters is Bitcion gains trust of the average person and if they see big companies testing the waters it's worth dips in the price. They say all press is good press and I think that is a suitable way of looking at the retail adoption at this time.
This is right on. When large companies start to accept bitcoin, it will give bitcoin a better image and will start to be associated with bad things like illegal activity less. As more people see bitcoin in a positive light and that there are many ways you can use bitcoin, more people will use it and the price will rise over time. |
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Just looks like a short squeeze from here. Not much volume from China, and weird time of day to try to pump based on recent history. I don't think we will go much lower, generally, though. Doubting we will retest the 560 area but maybe.
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creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.
Sounds wonderful, i miss those times  . But no is not the time for it, it would be wasted energy. My wannabe pumping skills are weak and i know it, but iīm bored so what should i do. You're supposed to be trolling the bears. You know, shorts being squeezed and all that. I mean, look at those bids on Huobi! Canīt troll them, deep down in my heart i will always be bearish & pessimistic. Thatīs why i like even the most stupid bear trolls like fallling.  Also making profits with shorting was always much more enjoyable for me than the other side round. I hear it. I shorted a lot in February and made a lot of money, loaded up on cheap coins. But then I got short squeezed in March and decided after that that the market could turn upward too quickly to keep leveraging against it. Betting the downtrend in February was a sure thing, though. |
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$800 is possible this year, around Christmas.
I agree now new bubble is coming near Christmas and its not as we have last year this time we are going to touch only 800$ to 850$ Where do people get this stuff? I mean, I can understand not taking $10k or $50 very seriously, but where do you come up with $800? |
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All I can think of is selling them to someone gullible. Or giving them as a gift. I would never buy that garbage....
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To be honest, I've seen a lot of people give up on another bubble, or at least have resigned to it not happening for another 6 months, year, 2 years, etc.
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creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.
Sounds wonderful, i miss those times . But no is not the time for it, it would be wasted energy. My wannabe pumping skills are weak and i know it, but iīm bored so what should i do. You're supposed to be trolling the bears. You know, shorts being squeezed and all that. I mean, look at those bids on Huobi! |
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Hi, DiceBitcoin! I am now a Sr. Member. Could you update my rank in the OP? Thank you!  |
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