Guys I think the community need to take it seriously about NSA breaking the encryption. I will as soon as you can explain in specific terms exactly what the NSA can do to Bitcoin with a quantum computer. That's a great rebuttal. I'm sure the NSA shares all their secrets with him and he's got all the details. Just be patient.  |
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I have a fantastic idea - lets use an NSA algorithm to secure Bitcoin!!
They're good people. Who's with me?
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Another Kanye West thread. I thought we were over him.
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People who control development control the future of Bitcoin. Better get used to it.
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He holds the power to single handedly bring Bitcoin down with a massive DDOS attack. Possibly.
LOL! LOL!  Ignoring any technical details, if you owned 96000 bitcoins, would you attempt to "bring Bitcoin down"? Now, assuming the guy is a nut job who doesn't care about money, perhaps you could explain to us how you "bring Bitcoin down with a massive DDoS attack" using 96000 coins. Please go into detail about all relevant issues such as transaction priority. I won't tell you how to do it but it's not really hard to think about... How does 15 days of downtime sound? Enough to make a dent? |
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So, Bitcoin becomes centralized. Funny and sad at the same time. |
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He holds the power to single handedly bring Bitcoin down with a massive DDOS attack. Possibly.
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What if users don't accept this method of coin validation? What about international users? |
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Who makes the decision on what is a tainted coin??
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Yes, I can finally buy those overpriced Radeons with Bitcoin!
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I believe litecoin is going to slowly erode in value and get bumped out of the top 5 because it offers nothing over bitcoin, it's simply one of the older currencies that happened to get popular early... I'm still waiting for a nice bitcoin selloff to under 600 before I even consider getting in.. if it doesn't happen and I miss out, so be it.
600? Not an ounce of pessimism, huh? My prediction is it will drop below 100 sometime this year. |
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The most important thing is that we can earn real cash with bitcoins and that's all that matters, whether someone considers it as an "art" or a "currency".
Hahahahaha. Of course... We are all just playing digital monopoly. |
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Nothing was premined. Nakamoto might actually have 1 Million BTC, or that might be someone else. But I know that there was no premining. I was here well before the 1 millionth BTC was mined, and I did some of it myself. Kindly stop spreading bullshit.
There was no "pre-mine" but someone ended up with a wallet with 1 million coins. I'll draw my conclusions, thanks. |
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FBI didn't steal coins. They took ownership of coins of the one guy who willingly gave up his wallet, the other bitcoins were confiscated and are still there pending investigation.
Almost exactly the opposite of what you said is true: The two addresses in question are the two addresses that are owned by and set up by the FBI. As they found BTC they transferred them to these two addresses that they control. I do not know exactly how they found/got the BTC to transfer them, but the fact remains that they control the two addresses: https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqXabout $24 million from the Silk Road web site/server.https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPHabout $120 million from DPR himself.They have permission from the courts to auction off the smaller amount - the amount they took from the silk road server. The larger amount is tied up because DPR has claimed ownership of them. How is that opposite? I said FBI legally (by court ruling) controls some part of the coins and the other part is still under instigation so they can't touch it... |
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But maybe such concept was beyond the brilliant mind of Satoshi.
Or maybe you're just butthurt you didn't start mining in 2011. Which do you think is most likely? I'm not butthurt. I was never interested in mining personally and do not mine any alt coins now. I'm interested in the design choices and the motives behind them. |
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The very first users, when trying Bitcoin for the first time, were not aware that it was going to become what it is today - they put in time, effort and risk when no one else would.
What was the risk associated with mining the first blocks? A couple of minutes of personal time wasted, a couple of minutes of wear and tear on CPU, a dollar spent on electricity? Man, that is a huge risk. I'm glad it paid off.  |
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FBI didn't steal coins. They took ownership of coins of the one guy who willingly gave up his wallet, the other bitcoins were confiscated and are still there pending investigation.
Don't throw the word "steal" around without knowing facts.
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If you want to "erase" the FBI coins from existence, you have to find all other stolen or scammed coins and erase them too, now and in the future.
All or nothing, bro. Equal treatment for all.
As long as a coin was generated properly within the rules that we all agreed on, who am I or who are you to decide if it should be excluded? That brings the value of all generated coins in to question.
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Another brilliant idea after blacklisting addresses... No, no, and once again no.  I have a better one. Lets play judge and monitor how people spend their money and reverse the transactions we don't like. |
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