yeah, Ripple and Stellar. what the heck is that? esp after Stellar contracted down to one node?
Don't forget that centralized systems are still thousands of times bigger than bitcoin. So there is a big market potentially even if the whole thing runs entirely on one node. Yeah but the rally started on or near the time of the stellar fork and retrenchment to one node which should have been a huge indictment against their entire concept of consensus. totally. The ripple concept in its current form died when Stellar forked ... this latest pump seems like a desperate attempt to get out by the insiders before it goes to its NAV, now proven to be worthless. |
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Remember how the Cyprus trouble helped the price of bitcoin?
All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.
And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.
Any theory?
russia trouble just started ... cyprus dragged for 1-2 months |
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obligations the must continue to be paid no matter the current environment.
This is false. The only question is where is the breaking point (and how close to it we are), not whether there is one. "Trends that can't continue, won't" ... too much of a good thing will never be good for you. |
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I too hope Russian economy completely collapse. Gives the ppl the chance to rebuild their government. Its corrupted far too long.
mmm, I agree ... and the european and the american and the british ... seems there is a lot of corruption awaiting the long overdue cathartic collapse and jubilee times. |
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It was clear that Russia would not accept Ukraine to become a NATO member, losing access to the Black Sea. Is Crimea worth WW3? US arrogance is unlimited. Obama and Putin should be put in a room together with water and bread until they have worked something out  Russia captures Crimea - the US arrogance is unlimited. OK. Fuck Russia. They get what they deserve. Why do you think millions of them are shivering tonight eating beet soup while millions of Americas are eating big fat steaks and lobster? No Bitcoin for Russia. They've got no fags and no Bitcoin. Outlawed them both. http://www.cnn.com/2014/12/16/world/europe/chance-russia-gay-rights/index.html?hpt=hp_t2 Sounds like sound governmental policy. Let's see how that holds up for them. pride goeth before the fall ... enjoy your steaks and lobster while they last is about all i can say. hint: it is a currency war and has very little to do with ukraine or crimea much more to do with US$, oil, gas and gold. |
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Don't worry, there's always a next auction with tens and hundreds of thousands of stolen BTC. The ultimate finale will be MtGox.
I really wish the community didn't just let Mark dissapear into the shadows, that guy got away with a good amount of everything in the good days of BTC (for years) We all just let him go away. Yes I'm blaming mark karpeles for this sell off. because he robbed me. sue him, put a hit out, stalk his gay lover, kidnap his poodles, stop whining and do something about it. |
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Yes, everyone else is stupid. And you see everything so clearly. How great it must be to be you. But if you are right I just wonder why all bitcoiners are lubing their asses every night before they go to bed.
cogent, sophisticated ... I'll decline to reply thnx. |
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yes, or else bitcoin would just be PayPal2.0. So much VC money is going into the wrong paradigms because they misunderstand the fundamental technological advantages of Bitcoin when applied to the social science of money .... the intersection of understandings in these two critical areas is still tiny, imho. |
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Ripple solved a problem Bitcoin had since the Gox-Fuckup. People can buy Ripple directly at their bank. No shady east-european exchanges, no problems of trust.
yeah, solving the trust problem was what ripple did ...  ... and even in the worst prisons the guards are trusted. lol we speak of different kinds of "trust". in a bigger scale you are right, nevertheless means buying your crytocurrency at your local bank for the average customer obv a BIG advantage against bitcoin. since the gox-fuckup the inner-bitcoin-circle wasnt able to rebuild the lost trust. as the complete management of the gox-fuckup was a disaster in terms of PR. Let's keep things in perspective shall we? 2008 banking and financial crises were a PR disaster for the fiat centralised banking scam ... Mt. Gox was a japanese kabuki comedy routine, sucks if you got caught up in the pantomine but there was plenty of warning. agree again. nevertheless i am just explaining the rise of ripple and thats one part of its success. you can obv say that ripple is centralized or whatsoever. only, it doesnt matter. in the end all what matters is which system gains mainstream-trust and gets track in the financial world and which system gains markets trust. if ripple succeeds and outperforms bitcoin you can tell yourself whole day long that bitcoin is theoretically the better system and that this shouldnt have happend. i am not a ripple fanboy and am still in btc for the biggest part, nevertheless to ignore the needs of the average customer/user wont help bitcoin. People get the money and leaders they deserve for the most part. ... they are free to believe whichever con-artists they choose, if that is bankster-backed ripple, centralised fiat scams, CNN CNBC so be it. The masses get duped and ripped off at every turn because they choose to be ignorant, brain-washed by manipulative venal controllers and ultimately fleeced, that is their choice. ... if you want to pump ripple you should get a twitter or facebook account, that is where you will find most of the gullible rubes, not so much here. |
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Ripple solved a problem Bitcoin had since the Gox-Fuckup. People can buy Ripple directly at their bank. No shady east-european exchanges, no problems of trust.
yeah, solving the trust problem was what ripple did ... ... and even in the worst prisons the guards are trusted. lol we speak of different kinds of "trust". in a bigger scale you are right, nevertheless means buying your crytocurrency at your local bank for the average customer obv a BIG advantage against bitcoin. since the gox-fuckup the inner-bitcoin-circle wasnt able to rebuild the lost trust. as the complete management of the gox-fuckup was a disaster in terms of PR. Let's keep things in perspective shall we? 2008 banking and financial crises were a PR disaster for the fiat centralised banking scam ... Mt. Gox was a japanese kabuki comedy routine, sucks if you got caught up in the pantomine but there was plenty of warning. |
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... are we (almost) there yet?
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who's the next Fed idiot to come out and whisper, "QE".
have to say this: QE is much better than this 80% lost bitscam scheme got in late did ya chump? |
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I am a returning Armory user. I moved to Blockchain but they have not kept up so I'm back.
I loaded up the latest version, .92.3 and predictably it took overnight, plus some to download the blockchain. I'm on a new laptop so it had to do it from scratch.
I let it sit for a few days and just today I made a hot wallet. Now it tells me it's going to take another 7 hours to build databases. I thought it already did this on the initial download. Is this normal?
Yes the disk is doubled now because people were complaining about memory Pretend I'm a 5 year old. 5 year olds probably shouldn't be using Armoury, unless they are unusually gifted 5 yos. |
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I would hope that RFC6979 deterministic signatures would be the standard for hardware wallets (that's what Trezor uses). Anyway, I doubt this would be used as an attack vector, since it's not guaranteed that the attacker would be the one claiming the funds (see: white hat returning lost BC.i funds). If I read that paper correctly, with that attack the attacker (the person who wrote the malicious tx-signing code) would be the only person able to recover the private key from the transaction signature (or even to notice that the signature is leaking the key). Thus, that attack it is more subtle than the BCI fiasco -- where everybody had a copy of the faulty RNG, and thus could reproduce the k values, identify the compromised addresses, and sweep them. If you read the paper correctly would you like to place a numerical estimate on how likely this attack is ...e.g. 50%, 10%, 1%, 0.001%? Thanks in advance for reducing the FUD spreading. |
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We are still using 24 hours a day, 60 minutes a second, 60 seconds a minute. If changing was this easy then we would be having them in multiples of 10.
I also don't like the idea that there are 360 degrees in a circle. Let's change that to 1000 metric degrees. Then we'd be free to change the latitude and longitude system of the globe into something involving multiples of 10. ... this is immediately seen to be a dumb idea because what would the 4 points of the compass become then? 2.5, 5, 7.5 and 10? Circles don't divide well into 10. The greeks understood number theory enough to know you need something more primal than the number of digits on human hands for dividing circles elegantly ... ... the root problem is base 10 number system, base 12 (maybe 16) is preferable. Even pi is wrong. |
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Ripple solved a problem Bitcoin had since the Gox-Fuckup. People can buy Ripple directly at their bank. No shady east-european exchanges, no problems of trust.
yeah, solving the trust problem was what ripple did ... ... and even in the worst prisons the guards are trusted. |
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insane volume on BTC-E today... what's going on?  the block reward is halving. |
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We all know that this is a dying fad bitcoin is dying, yada, yada, yada yawn. ... you stuck record trolls are stuck on message but it is kind of repetitive and boring (like propaganda) |
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