Again, you're missing my point....
the more you replicate your private address, the more chances someone might find it.
Sure, encrypt it all you want.. encryption relies ultimately on a password...
I understand your point, but you don't seem to understand mine.

Dollar cost average.

Split money in 1/2.

Buy 1/2 now.
Buy 1/2 after correction.

If it dosent correct then at least you are 1/2 in!

If it corrects you can load up on the cheep coins!

Just wondering.

Just don't buy to panic sell when it drops back to $40 or something like that, bitcoin is very volatile, and its entirely possible that we have a decent sized correction soon after the big run-up (or maybe we won't).  If it were up to me though, I ld rather have 1 bitcoin than no bitcoin.

To a paper wallet. It's insane that my cellphone is worth more than my car.

What exactly does this mean? a manual fix in price.. or lowering the exchange rate by lowering the units of BTC? (mBTC..uBTC etc)

ive seen the term "the correction" and people mentioning preparing for it but i have no idea what it really means.

FYI, I made an account here as I've been digging for months on this question with no luck and want to pose the exact same querry.  Would really appreciate if someone could enlighten us as to the strategy for future Blockchain management (or lack thereof) because this is keeping me from adopting BTC's for any use.  Long verification times and the need for being online to conduct a transaction suck but I understand the reasons and can live with them.  But the exponentially growing Blockchain keeps me up at night so to speak.

Current growth rates shown here now hitting 6 GB:
http://blockchain.info/charts/blocks-size
Note my local storage shows 7.1 GB of block storage at time of this writing but maybe the blockchain site excludes dead-end forks or something.  (I've had a 0 balance wallet for a looooong time but love analysing its data.  

One doesn't need to think far ahead to plot a disastrous course where increasing transaction volume continues to accelerate the ballooning block chain storage needs.  (More than a Six fold increase in one year!)  Merkle reduction is awesome, but it seems to have limits.  And I've read some interesting articles for example about scaling up the system, but everyone seems to be skirting this blockchain size issue.

SO.  A world in which the clients all must trust some few massive google sized petabyte blockchain storage systems?  Well that just sounds like we're creating a new central banking cartel here.  Does anyone have a plan to keep the system svelte and lean enough to remain true to the vision?

Why is this thread locked ?

https://bitcointalk.org/index.php?topic=113400.1180

I think Bitcoin Foundation needs a PR person. Developers in general suck at PR, they're to narrow minded and too tech focused to understand the needs of ordinary users and the ordinary public.

(This is no attack on the devs, which are doing an excellent job - it's just a realization of how reality is, and what we should do)

I know some people would say bitcoins succeeds or fails at it's own merit. But the bitcoin foundation need some person that knows how to deal with the media when getting contacted, and someone that can say the right things, and make bitcoin be understood in less technical terms.

I think he's looking for good advice.  LTC is only for buying BTC, so it's kinda just like a longer route to the same goal.

Then they better start using their brain and learn that.

Or stop using bitcoin because if they can't understand what milli or micro means, they clearly are unable to understand how to use bitcoins 

BTC China already at 625 RMB which is 101USD. Based on these alone my gut is telling me Gox/USD may break past $100 when the americans wake up in a few hours, provided prices at the other exchanges hold steady. At the very least i'm expecting the wall at $95 to fall

I think they were talking about the fact that it gets cut off if there is an advert underneath the post.

Damn, don't look in here often enough
I would love a Perth meetup, only ever see 1 Bitcoiner at a time around here

I don't think this looks like you think this looks like.

[b][color=limegreen]>>[/color] https://vircurex.com/welcome/index?referral_id=514-5283  [color=limegreen]<<[/color] VIRCUREX REFERRAL CODE SAVE XACTION[/b]
[table][tr]
[td][size=8pt][color=black][B]BTC[/B] 15zMLuj42zKfJB3sFLaxwUGyF7ZBbHCLfT [/color][/size][/td]
[td][size=8pt][color=black][B]::[/B][/color][/size][/td]
[td][size=8pt][color=black][B]LTC[/B] LhoX2YMX1VSJFYS4oFg2honjpvjqccJGWV[/color][/size][/td]
[td][size=8pt][color=black][B]::[/B][/color][/size][/td]
[td][size=8pt][color=black][B]XRP[/B] rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF[/color][/size][/td]
[/tr]
[tr]
[td][size=8pt][color=black][B]TRC[/B] 1FwPCH9mC7tXDjNSpjvJkLjuuD6NxBi9wh[/color][/size][/td]
[td][size=8pt][color=black][B]::[/B][/color][/size][/td]
[td][size=8pt][color=black][B]PPC[/B] PKaYmmwhoU6FDQszVCZ1kmn93q3sKExpZv[/color][/size][/td]
[td][size=8pt][color=black][B][/B][/color][/size][/td]
[td][size=8pt][color=black][B][/B][/color][/size][/td]
[/tr]
[/table]

There are situations in which it makes perfect rational sense to play satoshidice.

They are rare in real life, but most of us have been in a situation like that one time or another.

I'll repost an example I posted to a similar question on reddit:

You are traveling in a foreign country and you oversleep your alarm clock. You only have 30 minutes to get to the airport or you will miss your flight home, and your sister's wedding, which is a few hours after your scheduled arrival. You have no cash on you, only 0.9 Bitcoins on your smartphone.

There is a shortage of taxis because of a major sporting event. For the same reason, all the ATMs are empty. Still, you are lucky enough to find one of the few taxis still vacant. However, the driver doesn't accept credit cards, only cash or bitcoin. He charges 1 BTC for the trip. He is in a grumpy, take-it-or-leave it kind of mood so bargaining won't work.

(1) You can either give up on the taxi, but then your chance of catching the flight is practically 0%.

(2) Or you can bet the 0.9 BTC on a quick round of Satoshidice, and that will give you a 90% chance of catching the flight, and not missing your sister's wedding.

Which option would you choose? 1 or 2?

The worst that can happen is that you lose 0.9 BTC and miss the flight. But isn't it worth taking a chance? It's your sister's wedding after all.


Having said that, I doubt that this accounts for most of the volume on satoshi dice. People are just being irrational.

tl;dr expected utility != expected monetary gain