Yes. And hopefully it will be because of a growing bitcoin world-wide ecosystem rather than a dollar that is losing its value. It will probably be a combination of both though with more emphasis on the growth. If china or Russia wants to stick It to the US, they would encourage adoption. Your opinion
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Welcome. Seems like you have a good knowledge base! :-) Welp, here's my Newbie hello message to get me past that one post threshold  I actually kinda like the idea, although a bit of a PITA when you have a specific reason/thread you want to weigh in on - but none the less, should stop a fair number of bots. I've been playing with mining for a few months now, after getting in to playing with GPU hashing, and try to learn as much as possible. I have to thank Kinlo of the TM pool for spending so much time with me explaining how a lot of the more technical aspects work (The parts I'm interested in). I hope ya'll be gentle with me! Peace, CA. |
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Hi, Just to be clear, I don't think you have to subscribe - you just have to register and then you get a certain number of free views per month. It isn't as nice as no registration, but at least some are free.  Ffs, FT shown great support for Bitcoin in its articles so why the hell aren't they accepting it for their pay wall?? I don't want to subscribe to the damned thing, I just want to pay a few mBTC to not have to hunt down a cached version for free. Sry, rant over. Must re-read the history of banks in Japan, I thought they where more or less forced into using western banking practices at the start of their prosperity and that's more or less the cause of this problem. Good luck to folks over there, hope everyone can see the way the wind is blowing and get their funds into something real before the storm hits. |
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Yes and that is a good start, but not many people using .bit yet and going into other TLDs is needed (not trivial I know), :-) Encryption itself seems safe, but the problem is that for SSL/tls the centralized certificate authorties which are subject to government coercion, hacking and the like. Meaning fake certificates and man in the middle attacks. Plus some centralized vulnerabilities in tor.
Without some type of working peer to peer CA (perhaps tied to bitcoin or namecoin) this is a big vulnerability as Moore's law marches on because it becomes easier and easier to monitor more and more. (Or save more and more for use later). Namecoin project has recently got TLS (https) working for names in the namecoin blockchain, "NAMESEC" ... i.e. TLS without CA's is now possible using namecoin blockchain and .bit domains. http://dot-bit.org/forum/viewtopic.php?p=4285#p4285.... the "NAMESEC" protocol |
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This is a good idea. We did a similar project with an Internet company in the scholarship area about ten-twelve years ago (sold 8-9 years ago). Some thoughts:
1. This is good publicity for btc
2. It helps to have one larger prize -eg 10 BTC - and a few smaller ones - eg 1 BTC.
3. There needs to be some kind a entry such as an essay on bitcoin and how it could change the world or something like that.
4. There are scholarship databases out there that it should be added to.
5. You could limit it to CS-y/stem types, but that does limit the field. Not limiting it expands the reach. There are two goals here: helping a student and getting kids aware of bitcoin. I believe the more the better.
6. You want to specify it would be paid in BTC (or not)
7. Is English required for this? Could expand it later. Are there specific countries or is it open anywhere?
8. Are there age and/or educational restrictions? Eg the college age can vary by location. Say 17-19 at time of enrollment, in an accredited 4 year or longer program?
You can publish the essays (if you want) to raise awareness.
More later perhaps.
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Encryption itself seems safe, but the problem is that for SSL/tls the centralized certificate authorties which are subject to government coercion, hacking and the like. Meaning fake certificates and man in the middle attacks. Plus some centralized vulnerabilities in tor. Without some type of working peer to peer CA (perhaps tied to bitcoin or namecoin) this is a big vulnerability as Moore's law marches on because it becomes easier and easier to monitor more and more. (Or save more and more for use later). I just don't get it, why HongKong? what the fuck, he's going to get extradited.
why didn't he just go to HongKong, out of reach of the Americans, THEN go to Iceland, THEN TELL YOUR STORY.
balls.
edit: I don't buy the 'i couldn't reach iceland in the short time'.
earning $120k a year and your telling me he couldn't sit at HKG, pay in cash/credit for the first flight out to KEF?
He was worried that he would have been captured in Iceland before he had a chance to go public. Iceland is small and the US can exert enormous pressure and maybe even have its agents operated directly there. Hong Kong, under China's umbrella, would not suffer from those same risks. Did you see that Snowden said he would have had to give the NSA 30-days of notice before he left the country? He was worried he might not have even made it to Hong Kong without being nabbed right off the airplane. The good news : Snowden says encryption is safe. It must be. Otherwise how could he be giving all these interviews out in the open? |
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There are always ways around it -tor and VPNs for example. And then the "Bitcoin user not affected" meme came to mind.
Anyway, what this means is that anything like online poker and online soccer betting is now banned(or any kind of online gambling) and (some)domains redirect to some Markmonitor webpage.
My money is in my wallet though.
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Besides the obvious that more people wanted to buy than people who wanted to sell at the lower price and it reached equilibrium at a higher price, there is no way to know underlying reasons. Does anyone know (no speculation please) why the Bitcoin jumped by about 10% in a very short period of time?
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He is doing an interview now (4pm BST, 11am ET US, 8am PT US): http://www.guardian.co.uk/world/2013/jun/17/edward-snowden-nsa-files-whistleblowerI would leave well alone, we'd be doing more harm than good.
Bitcoin has a public ledger - so as soon as the vanity address is published folk will be watching to see how and where it is spent.
Bitcoin is only pseudonomous as long as you don't associate an address with an identity. As soon as you (which is what people are proposing) you are out in the open with a spotlight on you.
Hopefully Snowden had the sense to switch some of his money into bitcoins before he gave his interviews. Otherwise he's better off with fiat in small used bills.
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I hadn't seen this discussed last week, but it appears that Japan is following the EU/Cyrpus lead and going to require bail-ins IF needed at any point. Hopefully no banks in Japan will need it, but if so, now would be a good time for Japanese to diversify some into non-seizable assets: "Japan’s Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a “bail-in,” according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui (SMFG) are among those proposing amendments to allow them to issue the types of preferred shares or subordinated bonds that would be used in such cases, the report noted." http://www.forexlive.com/blog/2013/06/11/japan-to-become-more-like-cyprus-bail-ins-for-japan-banks/ |
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Interesting and thanks for the youtube link for those of us outside of the UK. ;-) |
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If you read some of the other forums it will serve two purposes, first it will get you time to get out of the "newbie" section and second it will give you a lot of background about bitcoin in general. ;-) Well I wish I had that sort of online-staying stamina. Teach me to lurk for so long [:
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Exactly. It is objective, and applied uniformly to everyone. It does not matter who you know, nor does it matter if you can buy enough votes to get other people's money via inflation (or deflation or taxes). I'd rather computers and mathematics control currency than human beings.
Same here. It gets rid of a lot of the corruption. Though you still suffer losses but at least it's not due to someone willingly stealing it. |
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If you need a loan, go to a bank, use your credit card, get a pay day loan, ask friends etc. Then you can purchase some bitcoins or you can purchase hardware to mine bitcoins. Or you can find something that you have to sell and earn bitcoins that way. There are lots of options, but it will be nearly impossible to find someone to give you a loan here with an opening like that. Hello i need a bitcoin loan plz me your offer and rate(interest)
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Hello i I need a bitcoin loan plz please [verb: (send, tender, offer)] me your offer and rate(interest).
You have 4 posts and poor grammar. You expect anyone to just give you a loan?  what is wrong with my grammar? are you a teacher or what? FTFY +1 |
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Also consider joining a mining pool. This will get you some bitcoins relatively quickly. my bitcoin client has ran serveral night, but still get no bitcoin yet. it seems very hard to get.
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They are definitely slow, but I think that they are trying to get their ducks in a row prior to adding LTC. I hope they (and the others) get their acts together. Hello, select your opinion. There is no official statement.  |
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