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Nothing but crickets left in here
Looks like all has been said for now, seeing three days of silence
RIP Asicminer
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Buttercoin. Stupid name. No one used them. 'Nuff said.
Now tell me that either Coinbase or BitPay are closing up shop, and I'll start to get worried.
Well the name was a bad choice, people would assume it was an alt-coin exchange Right now the market is held and stimulated by Coinbase and Bitpay which have acquired signifcant market share Wealth can only be created if you can find people to scale your company with you |
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This is really modern barbarism and cultural genocide.
If we don't stop them, they will destroy the cultural heritage and history of that area.
Really is amazing so much hatred towards the history and tradition of a whole culture.
I'm annoyed by them as well, ISIS deserves its title of more extreme than Al-Qaeda Also a lot more visibly annoying than AQ |
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Thanks for the bonus, and I will also continue for the month of April Glad to be here as well  |
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Seems pretty intense for a 100 dollar Freeroll
But nonetheless congrats on your victory it must have taken quite some time
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Some 70 years ago both of my grandmothers were struggling in ruined cities to get enough clean water, food and clothes for their kids. None of them turned to a prostitute.
Your grandmothers have my respect, although by extension I'm sure most of our descendants had the same issues after those Wars Back to topic this has to be fearmongering at it's sillyist, I swear I would vote in a jackass politican with a sharp mouth if he could set straight all these silly people, just to go up there and say to all senators. " Mrs.Lee PLEASE shut up and use your brain, equating climate change with prostituiton and defending womans rights, you would do better to have just kept silent, your far from being a good example to women." Then go onto say all the things she could have done instead while being on the moral highroad, true politics words and action. |
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I wouldn't be surprised. My brother's school actually have him and his parents sign a page saying that he cannot use social networking sites until he reaches High School.
Really, that's the first time I've ever heard of something like that It's not legally enforeable as a contract because hes a minor but by having his parents sign it they can make it enforceable... but the question is the school would not be able to sue for it, they would lose that case. Either way back to main topic I think it's a dumb law that wouldn't be enforced nor should be allowed, these lawmakers are idiots and need to be whipped ^^ (Sorry that was a tad mean but seriously whose bright idea was it to make an unenforcable law cannon lol) I think I have a beef with those Cyber Bullying groups they crossed a line with this one, there are better ways to approach it. |
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I do not think Bitcoin replaces Fiat today for these reasons:
1. Not trusted. Simply put Bitcoin has value in the market place just not with any of the vendors or people i want to do business with. My local online classifieds returns 9 ads that mention Bitcoin, out of about 100,000 new ads a month. 9. Two years ago it was 15 hits, so trending to zero???
2. Not portable. Setting up my phone wallet is scary as hell and most certainly not close to mainstream yet.
3. Not fast. I cannot complete a person to person transaction in less than 20 minutes.
4. Not scalable. If I solved 1-3 above, the network would fall on its face.
5. Not anonymous. Not a huge deal but nobody is tracking what I buy at garage sales today if I use the good 'ol dollar. Imagine me buying crap from a guy that turns out to be thief and a drug dealer. Nice eternal paper trail i have left behind.
I am long Bitcoin, but right now very long. I put this list together thinking about how far we are from true mass adoption. My answer.... we are a long, long way out. It really is all about the marriage of software and hardware.... Very complicated problems that will take years and years to iron out. Every mistake leading to losses of millions in stolen coins. This ecosystem is a brutal teacher, if your solution isn't perfect you will lose everything and so will everyone that trusts you.
I think it will take 10-20 years of software improvements to solve our current problems, and in the mean time.... I think the price will go lower. Maybe even for years.
This seems like an interesting thread One I have is that people do not trust holding their own money, and thus rely on exchanges once those exchanges fail collapse or run away with the coins the benefits of low cost transactions are nullified Until that is handled we can't grow much in terms of adoption The second issue I have is that multi-signature transactions require too much background knowledge and can be burdensome Development into the field of Threshold signatures is where it needs to go. |
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I just read this: http://www.finance-guy.net/finblog/what-is-bitcoinIt got me thinking that most people I talk to, don't understand enough about tech, or cryptography, to fully appreciate BTC. How would you explain it to them on a simple level so that they might become believers. A simple hook might help generate larger scale adoption by the masses. Honestly, this is literally one of the hardest questions there is It requires people to understand the concept of the blockchain which is best explained in Satoshis Whitepaper Once people get that it all makes sense but it requires reading lol... The other approach in words is to say, its a new way of storing and transferring data securly and transfering value at low cost. |
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I was sort of wondering how many people would migrate to the 1000 BTC club post when I saw the two threads posted at around the same time Hmm.. Anyone who has 1000 BTC won't be here and probably the most 1000btc club members have sold the coins at 1000$.
They sometimes get bored and check whats going on I bet this forum is the original so it encompassed ancient to new users some who likely have 1k lol |
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I find the malware storage viewpoint to be absurdly unhelpful, although I do not dispute its underlying truth. The same arguments might be made about a stack of blank paper or the patterns formed by a number of stars in the sky when viewed from exactly the right perspective.
Any substantial string of bits can be turned into CP when passed through an appropriate hashing filter, and conversely any CP can be hashed into an image of Mother Teresa or whatever.
A reasonable solution in such cases will never be found in banning or regulating the medium of storage, imho - it's just makework and/or an excuse to meddle.
If I recall though some messages would not be seen to standard users of the blockchain since they would be non-standard txts to send the data But anyways your right it's more less an excuse to try to meddle with the system itself, can't really control or isolate any single txt without blocking every participant in the system or sieving every transaction to go through it. |
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Cracking ECC means cracking all the possible privkeys for bitcoin address, right?
Sort of...But it would only apply the addresses that have their public keys known (the ones that sent funds before) Yep well to to my memory its when you can use previous transactions to break the private key It happened a while back when blockchain did something stupid and made a weak R signature luckily someone was scanning the blockchain for such a weakness and saved most of those coins. |
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Didn't notice anyone make a note so posting this here Edit note till May since April rates remain the same Good news, the posting requirements will stay the same (30/60) for next month. This means you will get the high rates next month too.
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Ok I think people around this thread need some tough love.
Friedcat and the people working behind the scenes in ASICMINER are multitudes more honest than most shit big corporate companies outthere. He could have ran with his friends with many many millions that he decided to give back to the shareholders as divs a long time ago. ASICMINER is going down and we all know it but it is not fair when big companies are exposed of screwing up the investors earlier the moment they foresee their doom in the future just so they can still secure themselves with many millions, it is not fair to be this aggressive to friedcat because ASICMINER is going down. You guys though this would be a gold trip for the next century or something? Alot of people here gave many calculations in expectation to this.
Some of you, actually just a few, few few few, Could have done this better when most are likely to screw it up way earlier. If you know that within yourself that you couldn't have done it better, If you know within yourself and be honest to what you rationally believed ASICMINER could do for you. You should be one of the people who keep the silence, and plan their exit.
No hate on you guys and please don't hate on me, this is just an honest opinion.
True enough, since you did bring it up I'm kind of happy that the trust level on FC is fairly constant to reflect that, sure the company is going belly under but he was the only party that offered to comp for AMHash, and he also distributed miners and provided refunds to users for bad units and as a measure of character it is noteable. Even returned that 50200 BTC txt fee back in the day, so while his company may be busting, its not an untrustworthy operator fault but a failed company. |
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ETA on next major rally?  Yea, why don't we just all agree on the next major rally time, and then we buy right before it? If only it worked that way  Going to say it might move a bit as well because its been quiet for a week might take two weeks to see a trend either way though |
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I learnt that multi-sig is only one solution to increased security and think Threshold signatures is the way to go Still a bit too new but it's sort of like multi-sig only a bit more user friendly (section 4 of paper) Princeton/Stanford/York whitepaper on Threshold Signatures http://www.cs.princeton.edu/~stevenag/threshold_sigs.pdf |
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It seems to be a contagion thing all the negative press is coming out at the same time
Although if I recall correctly we did have discussions about CP on the blockchain for quite a while on the forums, can't really say you can get malware on the blockchain though, just .... stupid virus ID codes...
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