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The ability to add dollars to a trading account via ACH push is something that no service offers yet. Will Tradehill be able to add this?
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France is not that immune from these kind of heists... nobody in the Eurozone is, actually. Nobody in the world is immune. The only safe thing is bitcoins at an address whose private keys you exclusively control. |
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Well, this would make the telephone calls extremely valuable I have yet to hear this theory articulated by anyone who doesn't have a conflict of interests in this area. Nor has anyone ever been able to give me an example in the real world where making a service deliberately less useful causes its value to increase. |
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Shouldn't TORWallet be on this list?
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Why would people invest in a crypto-currency that can't even run it's own network and approve transactions? If it got to the point where the transaction list was so far backlogged that people could't even spend their money, I'd say that crypto-currency has pretty much failed.
Exactly! If it gets too popular, nobody will want to use it. Just like restaurants that are so crowded you can't even get a table -- nobody goes to those. A better analogy would be a telephone network that only allows a global maximum of 10 calls to take place at any given moment and refuses to increase capacity no matter how many subscribers it has or how much they are willing to pay to make a call. Bitcoins have no value to someone who isn't actually able to use them, just like a telephone isn't useful if you can't actually call anybody. |
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You can't rely on obscurity to protect cold storage wallets.
Before long malware is going to start targeting Armory directly.
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If you are using v0.8, the initial download is about a day or less -- and much less if you have decent hardware and bandwidth. Under ideal conditions I can download the blockchain in about an hour, where ideal conditions are gigabit ethernet connection to the other node and fast cpu/storage hardware on both ends. |
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Many people profited a lot from the fall of the USSR. How could I emulate their approach here? The people who profited were those who got into upper management positions in the state industries, so they could move resources overseas to claim for their own use once the government dissolved. |
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One thing is still unclear to me. How can EU save the banks in Cyprus by initiating panic, chaos and bankrun? It's like trying to cure broken leg by punching it with massive metal pipe. There is no plan to save anything. The plan is to pillage as much as possible before the cash flow dries up. It's just like the final years of the USSR. |
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There are traders selling MoneyPacks for bitcoins so you could get a GreenDot card and refill it that. One such company is linked directly from the blockchain.info interface.
You might be able to get even better deals via otc trades.
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If you have a european bank account what is to stop them from simply taking the deposits of customers by force ?
Smart users send their national currency to a bitcoin exchange, buy bitcoins with that currency, and withdraw those bitcoins into a wallet they control so that there's nothing in their account to be seized. |
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When i read it today, i simply couldn't believe it.
They just took people's money. Just stole it. Just like that.
THIS IS UN-FUCKIN-BELIEVABLE. Is the system really already starting to crash ?
I hate to break it to you, but the system died in 2008. All that's left now is for the corpse to stop twitching. |
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Today's events in Cyprus make it kind of financially irresponsible in some countries to have any non-trivial amount of money in a bank account. it's going to happen to every country, and it's irresponsible to hold any assets which can be plundered in this way. They'll do it to bank accounts, stock portfolios, retirement accounts, and bonds. The only thing safe is something they can't remotely seize. |
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I'm just somewhat disappointed that people consider only the simplest solutions and do not want to see a bigger picture. What you're seeing is ex post facto reasoning. Some people have an unstated goal that requires Bitcoin not to scale. For whatever reason they don't want to talk about their actual reason, so they invent reasons to justify their conclusion. When the invented reasons are debunked they don't change their position as they would if those were the real reasons, but instead just invent new reasons. |
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I remember reading not every 0.7 node rejected the block, and the behavior was not even consistent within a same node; some nodes would accept the block after being restarted after initially rejecting it.
That would mean that 0.7 nodes are capable of producing blocks that other nodes of the exact same version may or may not accept, depending on factors which are hard to predict.
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I'm confused. I've been involved in Bitcoin for about a year and a half. Over that time, I've found 5 blocks (I think) through 2 different pools. Would I be a "miner" or a "hasher" or a "block submitter" ? I think the distinction is between people who assemble new blocks from transactions vs people who only calculate hashes for blocks that someone else gives them. "Miner" is a good term for the former, and "hasher" is a good term for the latter. |
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You sound like those are two different things... Most apologists for the State do that. They talk about how horrible it would be to not have one by describing the worst characteristics of the State. |
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Right now Bitcoin is approximately 16 times bigger than Titan.
Alternately Titan could add 6.25% to the Bitcoin hash rate.
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Interesting. Only trade with bond sellers.
More specifically, only trade with bond ed sellers. If you've ever dealt with contractors or tradesmen this comes up from time to time. If the person you're buying from is bonded it means that a sum of money has been set aside somewhere to pay out damages in the event of a dispute. Now with bitcoin, you don't need to rely on the word of any specific company - the bond can be a matter of public record. |
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