Would the second signature be done on a different device or still the hardware wallet though? It wasn't really made clear.

I don't dislike the idea I just think there's a lot of holes. For example a hardware wallet producer could just ask people for their other key to unlock their account and still take quite a lot... If your estimate of $50bn is on hardware then $10 million or higher could be taken that way... Just look at the electrum phishing attack.

If you're really worried about security you can keep a machine offline completely and connect to it only via a USB drive, Bluetooth or preferably nothing until you need to do a large spend with all or a lot of your funds... Hardware is used a lot of the time for purchases not fay to day as they can't handle more than a few hundred transactions without becoming extremely slow.

I'd appreciate a diagram too... The text wall added to my headache a bit. You could Mar a lovely state machine/activity diagram.

Yeah I'd probably agree with that. No one has mentioned they've had an edit removed on there afaik.

I think it might just be the people that got burnt by scams posted about them there... They have moderators but afaik they're only supposed to determine if stuff is factually correct.

I don't think Wikipedia is left leaning but if it is I'd be happy with that, the left at least in the UK seem to actually fact check stuff but maybe we just have an awful right wing...

Edit: I'm referring to center lefts, not communists or socialists or crazy vegans.

If things like the top topics and a few other history projects Theymos was churning out recently are accessible as a list anywhere (not sure what his plans were with them). They may be good to include on the wiki article.

There could be other things like legal battles over the years and ant controversies... The things with Mt gox and a few others.

Tor link remains accessible for me? Is your circuit not being found or is it an issue connecting to the site? Try configuring bridges if you want to go via tor.

Try once and give up until boxing day:


I'll be gone for a while now...

Bump available for around 12 hours if anyone wants to test the LN.

Will be offline for most of tomorrow probably, have a great Christmas everyone!

(Merry Christmas/Nadolig Llawen).

I'd agree bitcoin doesn't do so well in autumn but I think its more due to people trying to cash out to buy presents and other stuff for Christmas rather than anything else (those who store large amounts in crypto).

I don't think bitcoin will see much of a fall due to Christmas, there may be little trading from the west but the east will still probably keep trading and keep the price on the current trajectory. I think it'll take a while for us to see the markets do a substantial move (a few months probably).

I don't think it was misleading...

If he were leaving he would've said "closed" or "no longer available". You could say "offline for festive break" etc but it's not really necessary.

There's a button at the bottom to make a poll, should be written as something like "add poll" so you could add it here and give a bump. I'd be interested in the numbers we see...

As demand goes up, so does the price...

If someone's paying $20k for virgin bitcoins, people will happily buy from exchanges for a lot less...

It might turn into gold too if it's the private keys to the 12.5btc that are sold... So three people could have one key. So people could flock away if they start getting scammed.

Currency is just a promise though that you'll be able to exchange it for food/clothes/stocks at some point. Everything represented by a number is almost always a human generated arbitrary unit to explain something and money is the same...

Internationally currency reflects confidence in a certain country. If someone has a large amount of cash, they wouldn't want to store it in just the one currency so the demand on a currency is reflected in its value on exchanges. It's why uncertainty manipulates the market more than actual legislation (in most cases).

The idiot stores their funds in cash alone... You can at least hold anything more than a few months expenses in stocks to keep your portfolio of non emergency cash growing.

Sidenote: have you learnt a new word today (ballast)?

To me, this question seems like: if my £20 bank notes has trace amounts of cocaine from the person before it, is it worth less?

And also it is generally worth the same amount. You just se epeople trying to haggle on the price if they think it comes from a less legit source... Although sometimes mined crypto ("clean" stuff is worth more, like the bank note with AA00000001 as its serial.

If you look into mixers then they have evil units shared between different outputs, many people use them for fully legal purposes (based on international laws). So one input of illegality can go through the mixer without a trace of where it leaves (if mixed well)... They could then of course mix to xmr, grin or dash too via some online services thst do exchanges without signups.

Many crimes have been linked to bitcoin but not as many as have been linked with cash and financial institutions...

Actually you're wrong about currency.

A currency does well because a bank or government gives incentives for its use or promises it will be worth something.

Assets like bitcoin and gold can, for the moment at least, be considered more material than actual currency... 

We'd have bigger things to worry about.

We could have an ionic shower or something similar that could take the Internet down and every computer (could also cause radiation damage to humans and if strong enough would kill us immediately).

I doubt we'd survive something that whipes out computers or the Internet but I could be wrong (expecially since some of those cables are already quite far below the ground).

If the Internet goes down, I'd worry more about hospitals, transport, food and water than I would crypto.

Can you not make a poll for this?

If we see no run next year I don't think I'd be disappointed... I would probably anticipate something a few months after or before the halving but if nothing happens it's nothing to me... Invest for a return in 1 to 5 years, don't come here for a return tomorrow as you may be disappointed... Even the stock market is the same as crypto, a lot of the time it's worse trying to time the market rather than just putting in funds and leaving them there.

Have you tried the bank? Why won't they lend to you?

If they can tell you have earnings and had money left over that you spent on other things that weren't vital then why won't they lend to you?

Also how much were you scammed of and do you have an address you can sign?

Thanks for all the input everyone!

I plan to start publishing these next week, I'm onto day 3 already (there'll be between 7 and 14 days probably).

Most of the concepts seem to be at the start so I might be able to cut it down by quite a bit (I'm aiming to get everything I consider the most useful/relevant out by 5 or 7)...

My motivation is that I have to revise a readinig list of about 13 textbooks so I need to start myself off with something interesting to read and then dive into those once I have a good speed going.

Not sure where to post this so I might start it off here and move it somewhere else tomorrow.

Looking at a lot of the whitepapers, it seems things like the lightning network have a huge whitepaper, I was looking at rewriting some of it and then noticed the statistics might be slightly off compared to an unbiased opinion. I can also give some additional review on the netowkr looking from a different perspective.

Will people be interested in this? I'd be looking at doing a single side of A4 for one day at size 12 attempting to simplify everything into a 5 minute digest (with additional links if people want to look into things at a greater depth).

Yeah gpus are much better.

You can normally get one that will be sufficiently fast for $500 afaik (if prices haven't changed much). You'll need a spare pcie port and be able to install it or find someone who can (without giving them access to the tokened list of previous password list).

You can use a virus scanner, and stop downloading random stuff from the internet/granting random privilages.

If you didn't download random stuff then you mighthave sent it to the right address, can you get in touch with the person you sent the coins to, or take a screenshot of the localbitcoins website where it tells you to send it to that address?