I still read the boards every now and then but I am out. Completely. Bitcoin solves nothing for me but it was a great way to make extra cash since I discovered it. But the easy money is gone for me personally and I think the people like me will move on to other things. Very neat idea though but just another type of fiat currency in monetary economics. A house built on sand in other words. I highly doubt it will have any value in 20 years as something else will replace it. Internet users are a fickle bunch.
I've witnessed that too. People are moving on. There's a small fraction of the users here now that were here when I first registered. Even the evangelistic born again Bitcoiners are gone now. I always chalked it up to kids graduating, growing up and starting their real lives. Everyone is idealistic in college. Save the whales, save the trees, free (insert current martyr here) slowly becomes feed the kids, pay the mortgage, please the boss. I'm not gone, I'm just on other platforms more often. I find that a lot of people here seem to ask the noob stuff all too often. I think you can find many of us still active on places like facebook twitter reddit instagram has some... This place is good, but relatively, but I wish that the marketplace section was more active. This place comes alive when there are big movements either way in bitcoin price. The most activity seems to happen when bitcoin gets pumped, but it's still very active when it suddenly crashes. The tumbleweeds start blowing around when nothing is happening. |
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......
As far as i have always know April fools day is only for the 1st of April, some people only say till lunchtime too, not sure about that one.
That's the way I always heard it was, you're the fool if you try to trick someone after lunchtime. I never heard of it lasting the whole of April. |
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Has anyone had their lost BTC returned yet? Or is it still the BTC-B they're dishing out?
I got part of my BTC balance (the btc that was on orders). the rest is on btc_b IMO the best we can hope for is they will continue regularly paying back a small percentage of bitcoins and deducting it from our btc_b balances. That was the model Poloniex used after being hacked. Eventually everyone was fully refunded, but it took a long time. |
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I've wanted to stay away from the drama here, as we've had this multiple times just with different exchanges/services. We can partly blame Bter here. They've left quite a good portion of coins vulnerable, but there is only so much that they can do about the security. Over time we should see this improve, until it reaches a plateau.
On the other hand people should have known better! We've had multiple exchanges and services being hacked. So why keep your Bitcoin on un-secure websites? You don't own the coins held on an address to which you do not own the private keys.
Has anyone tried tracing the coins?
The coins were sent through a mixer so they are impossible to trace now. Some people tried but gave up once they went through the mixer. Bter even offered a reward to anyone who could trace where they went. |
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For sure Reddit will give over all the information they have.
If they do I think their reputation will suffer badly within the bitcoin community. Bit coiners make up a large percentage of their user base. Hopefully they do the right thing with this. Are you sure? I mostly seen Bitcoin hating on Reddit. If they legaly have to then they will, if they don't then they wont. Given a choice between losing their reputation within the bitcoin community and going to jail they will choose to lose their reputation. There is no way they will choose to rot in jail for years to save a few bitcoiners skins. |
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It's way behind schedule and probably going to be released without a GUI as command line based. That's going to put people off. I know some cryptonote coins started off without a GUI and did OK when they eventually got one, but they might have done better starting off with one.
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It's nice to hear one of them is also being charged with running a scam exchange after all the scam exchanges we were ripped off in. According to prosecutors, Force also used his position as an executive at a digital currency exchange called CoinMKT, in which he was an investor, to seize accounts of customers. He transferred $297,000 in illegally-seized digital currency to his personal accounts, prosecutors allege in the criminal complaint. |
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Why would Satoshi not still spending his bitcoins? He might still be mining them today. Home based miners mining in 2013 could earn quite a lot doing it. Any coins he mined then would be indistinguishable from other miners coins. He could spend them without anyone knowing he is Satoshi.
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The Vodafone own brand pay as you go Androids are quite cheap. There are older 3G models for sale dirt cheap and newer 4G models with more memory are not much more expensive. I would switch off bluetooth if you are going to store bitcoins on them.
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As the title asks, is it safe to store your coins in Bitstamp's online wallet?
I would say no, i keep about max of $5 change in there but anything more than that would be stupid unless you can afford to loose it. History has shown us that the last place you want to store your bitcoins is on an exchange. Im not saying Bitstamp will run off wih any customers coins but they may get hacked again and this time not be able to pay back everyone. Best store them offline till needed. Nice suggestion by him. Moreover, did bitstamp refund the Bitcoins hacked recently? Simple message to op: If you don't care about liquidity but a lot about security, go for cold storage If you care about liquidity, evaluate how much money you need regularly and maintain something like a hot wallet to satisfy needs. As far as I know all the bitcoins were in the wallets of its users when server went back online. Overall it felt more like constructed panic so people would be very happy that bitstamp managed and they had the time to change the infrastructure with possible increase of reliability after. Its only my feeling tho.. Yes, Bitstamp refunded all the Bitcoins hacked. They were all in a hot wallet but Bitstamp paid to refund everyone out of its own pocket. At the time of the hack everyone was panicking that they had lost all their money on Bitstamp, but it worked out OK. People with coins on other hacked exchanges like Bitcoinicca and Mt Gox were not so lucky. |
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I don't have much Wordpress experience but years ago someone said new vulnerabilities keep getting found and used for hacks. Apparently they are fixed quickly after a hack, but Wordpress is not really safe to be integrated into sensitive systems like exchanges.
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This is one of the worst ideas I have heard of. There are plenty of useful features omitted from Bitcoin because of a slight chance they are not 100% safe. There is a massive chance Replace by Fee is not 100% safe and this proposal needs burying fast.
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There is a big list here. http://www.coindesk.com/information/what-can-you-buy-with-bitcoins/A few US based things on their list follow. CheapAir.com, the California-based online travel booking website, started taking bitcoin in November 2013 and announced in July that it has completed more than $1.5m in bitcoin sales on flights, around 200,000 hotels and Amtrak railway bookings via its platform.
The Sacramento Kings NBA franchise accepts bitcoin for products including tickets, jerseys, hot dogs and beer. The team says it will accept the currency online and at the Sleep Train Arena, its home stadium.
The San Jose Earthquakes, a soccer club from California, implemented bitcoin integration at the team’s Buck Shaw Stadium on 25th May. Coinbase is acting as the stadium’s bitcoin payments processor, leveraging the exchange’s tablet app to accept payments. Game attendees can use bitcoin to buy tickets at the box office and additionally pay for concessions at certain locations and buy merchandise at the stadium gift shop.
US satellite service provider DISH Network announced that it will start accepting bitcoin payments later this year. The Colorado-based company is one of the biggest content providers in America, with more than 14 million pay-TV subscribers. DISH says bitcoin payments will be made available to all customers who decide to make one-time payments on mydish.com starting in the third quarter of 2014, but it has not yet revealed an exact date. Once it does, it will become the biggest company to accept bitcoin to date. Last year DISH Network Corporation reported revenue of $13.9bn. The company has more than 30,000 employees.
Following its successful test with bitcoin micropayments provider BitWall back in February, the Chicago Sun-Times has announced that it has partnered with San Francisco-based bitcoin startup Coinbase to accept bitcoin payments for subscriptions. The announcement makes the Sun-Times the first US newspaper to accept bitcoin as a payment option.
A property listings site in the US gives a discount to users who advertise on the site and pay in bitcoin. The listings site, called RentHop, is offering landlords and agents who advertise properties in New York a discount of up to 60% if they pay for their adverts in bitcoin. RentHop customers pay for ads with credits purchased from the site.
How about paying for education with bitcoin? Orlando, Florida-based online interactive education specialist Treehouse now accepts bitcoin for its subscription web design and web development education services. The firm, which to date has raised $24.6m through six funding rounds, boasts 70,000 students who use the platform to learn valuable skills in languages and software such as Android, CSS, HTML, Java, jQuery, iOS and Ruby, among others. |
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How to make money:
1. Start a Bitcoin / shitcoin exchange
2. Let it run for a bit, pretend to be honest
3. Get "hacked"
Bonus points if only a portion are "stolen" in the hack and you can "return" some of them to make sure nobody tries to hunt you down and give you a proper beating.
I agree if it's a bigger exchange, but cryptoine only had 5-6 bitcoins hacked. It's a nice little payout for someone, but it's not a life changing amount. 100 bitcoins could make a difference to someone's life, but 5-6 bitcoins won't. |
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What do u think, is this all just another scare story, or are they planing on making a move in the future ?
This is probably what this guy honestly believes, "that bitcoin is bad". It escapes me how they could possibly stop this train now. I think it's just going to take more time for people like this to accept the coming change. I would look at the core developer(s) as 10X greater risk than any outside government agency. Yes i know it does look like theyre just blowing off steam, but its how the liberty reserve thing started to fall apart aswell, but unlike them i also dont know how could they fight against bitcoin since it is decentralised. Maybe the developers are going to be forced to resign or pressured to leave.. its all cooking up, and with good and valid reasons, heres another issue that makes their point : http://cointelegraph.com/news/113806/warning-kaspersky-alerts-users-of-malware-and-blockchain-abusethings are not looking good The truecrypt developers suddenly decided to stop developing it and recommended a Microsoft product when Snowden started recommending it. I bet someone put pressure on them to stop. If they put the same kind of pressure on the bitcoin core developers they could quit too. |
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There will always be the possibility for a 'reset', this will not be adopted without such possibility, people cannot lost a private key and have their car, phone, fridge, computer, etc, completely unusable.
That's what annoys me about those biometric safes, they always have a backup method to open them using a key. If someone steals your key all the biometric security features are useless, your valuables will still get stolen. You're probably right, if they locked things with bitcoin keys they would always include a backup method of unlocking them using a real physical key. |
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A question you should ask yourself in the first place: why would you need currency in case of an apocalyptic event?
If the world goes crazy nobody will care about terms like fiat, investment, banks. People will be stealing bottled water and meds, not gold and silver.
We'll go back to barter - the most basic form of exchange.
Exactly, canned tuna, water purification pills, and ammo will rule the day. Of all the threats to bitcoin, I think zombie apocalypse is pretty minor. In that situation paper money would only be useful as toilet paper, or to boil water with if you had enough bundles to burn. Any electronic networked technology like bitcoin would be useless, although paper bitcoin wallets would come in handy as toilet paper too. |
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if the internet ceases to exist , life will no longer be worth living ...
in all seriousness though , it would take an apocalyptic event to knock out the global internet / cause enough chaos that society breaks down ... possible scenarios that would likely do enough damage include massive solar flare , EMP/thermonuclear war , extinction level asteroid impact , alien invasion , viral pandemic event aka zombie apocalypse , and of course the most likely and my personal favorite - the end of the oil based global economy combined with all of antarctica and greenland falling into the oceans and submerging 80% of the human population areas within the next 50 years ... glad i like hiking and know how to swim ...
What about the giant supervolcano beneath yellowstone park in the USA erupting? It's been estimated it would destroy half the USA and block all sunlight out worldwide for years. No food will grow without sunlight and the survivors will mostly starve to death. |
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I don't know what the sheep market was, I assume it was a silk road type thing. Have the government got a load of bitcoins from there? How big was the market in comparison to evolution?
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only whales know what will happen. we can guess as much as we want but there is always a 50% chance for it to come true.
if it didn't come true you don't see these people anymore. they will then create a new account.
I don't think tokeweed will stop using his hero member account if he gets it wrong. If it was a newbie account it's no problem, but hero member accounts take don't grow on trees. |
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