apple's on a mission to ban legitimate apps that threaten it's great wall of apple. bitcoin could make it possible that they lose their edge at milking the sheep. http://bitcoinowl.com/why-you-cant-run-bitcoin-apps-your-iphoneif you have any respect for yourself regardless of if you like bitcoin or not it's time to dump all your iCrap and look for better options in your life. seriously, time for apple to go the way of blackberry and wither away. It would be nice if that happened but everyone around the world seems to want their iDevice so that they can play in the walled garden. The brand is still strong. |
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Wow they show a wallet with $6m in BTC held by the CryptoLocker ransomware group.
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I increased my position at $850 on the way down. In hindsight, I could have gotten them cheaper, but any price you buy in at today will seem ridiculously cheap in 10 years.
I've said it before, but this quote seems applicable:
“The best time to plant a tree was 20 years ago. The second best time is now.” –Chinese Proverb
Really nice quote. |
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What's wrong with QT? It has been audited to an extreme. Armory is great with the paper wallets but putting a wallet.dat into cold storage should be ok.
Can you sign transactions offline with Bitcoin-Qt? It should be possible with the API. Then just use sendrawtransaction with the online client. |
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When will the D'ex be ready? Early 2014?
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Somewhat related, Alessio Rastani is a technical trader and he things that his numbers show that middle of next year the level of debt will be unsustainable and precipitate a crisis. This pretty much falls into the prediction window of 6-12 months of a suggested endgame. timestamp 17:20 https://www.youtube.com/watch?v=j8pi6L19bYo&t=1020We can probably all agree that the global economy is like the Eiffel tower with most beams rusted away. It will collapse. And when it starts, it will happen very fast. It will be spectacular. But I am not sure the time of the collapse can be determined like that. The difference is that the US housing bubble was a bubble within the US economy. The world economy is some sort of cross-breed between a bubble and a Ponzi scheme: We are the bubble. That thing is bigger than anything in the past. Another question is what certain events would do: Most people would think that a war between Japan and China would destabilize the situation, but it seems to me the opposite is the case: It would allow the US to export huge amounts of obsolete F-15 and F-16 and other stuff in exchange for the Japanese USD reserves, thereby deleveraging some and get a foreign trade surplus for a while. This would be good for the US and good for Japan, because it allows Japan to default on their domestic govt bonds. That would allow the global scam to go on for at least another year. Agreed. That's why governments are so keen on getting wars started - to mask economic problems and perpetuate fraud. E.g. while the adoption curve for bitcoin looks very similar to the value appreciation of gold in Weimar, it may actually start to deviate at a point where the resolution was enforced in Weimar, simply because an additional event is possible to perpetuate the status quo. However, eventually the market cap of bitcoin will eat into the market cap of the global economy - and when that happens things will happen fast, as more and more people feel confident to hold them as reserves and protection against political uncertainty (since bitcoin is nonpolitical). I suggest to diversify out of bitcoin into other nonpolitical assets on the way up, since when the controls crumble these assets will be cheap compared to bitcoin. Examples of recommended nonpolitical assets? |
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Ron Paul just said "blockchain". Hell yea.
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How are the .9 private keys different?
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Bah, I forgot to code-sign the Windows .exe. Expect an updated .exe and SHASUMS soon.
Thanks Gavin! |
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Who signed the SHA256SUMS.asc? Key ID 7BF6E212. Normally they are signed by Gavin's Code Signing key 1FC730C1. I just doubled checked 0.8.5 and that is the case. Why the change in the signing key without any notification? Also the Windows executable has not been signed by The Foundation. What is going on here? Edit: Looks like it is a subkey - https://github.com/bitcoin/bitcoin.org/pull/279I would kindly suggest the release notes be edited to document this change as both differences happening with no warning is a bit scary. |
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I'm always happy when I see the public misunderstand bitcoin as it means we have a long way to grow. Reminds me of the time when websites were said outloud as "h t t p colon slash slash double you double you....". Or even better, backslash backslash, as it sounded more technical even though it is wrong. Good times!
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btc is rising hard , china panic news failed. Lets go to da moon again okay?
ok.
? Why didn't you sell? You could hold now 30-90% more bitcoin. Just don't sell @ the bottom Not sellling if there is a serious correction = missed opurtunity Easy thing to say in hindsight. You never know how deep the correction goes and when to buy back in, you may miss it and then think oh well this is just a bull trap let's wait for the price to come down again. And then the price runs past the spot where you sold them at and doesn't come down and you're screwed. This happens all the time to inexperienced traders, even to experienced ones since bitcoin is a different kind of animal they are used to. Yea and then you have to pay taxes on the gains. So your additional profits must offset them. |
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So this event will occur prior to the next halving. Interesting. There might be growth in the rate after then still as the money supply grows at a reduced rate. Or will the market attempt to price in future halvings before the event?
The inflation rate of bitcoin is more or less irrelevant for its price discovery. If it indeed acts as a safe haven, even high inflation rates are tolerable, because it preserves purchasing power. Yea, just comparing with some of chodpaba's previous work. I think the halvings are still big events economically although I would guess the market tries to price them in years in advance. |
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So this event will occur prior to the next halving. Interesting. There might be growth in the rate after then still as the money supply grows at a reduced rate. Or will the market attempt to price in future halvings before the event?
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Wasn't there a topic here about it?
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Oh no, now the BTC 1k party has been delayed again.
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In what way does a write-protected USB stick prevent malware from spreading between the online and offline machines?
I was imaging an offline machine with a cold wallet and a client that doesn't need to be online to produce transactions from the cold wallet (not the best way to do it...) but at least if the online machine only has a write-protected USB key inserted (that is assuming it is hardware write protect which it probably can't be) it could reduce the attack surface somewhat. |
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I sold 200 MSC at .15 BTC a few days ago. Can we have a system in place to give feedback to buyers and sellers? This way people know who the reliable sellers are.
Why not using this forum's trust system to leave feedback? That's a good idea but since I used escrow it is not as though someone "risked" the BTC to me. What do you think? |
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