Bitcoin is losing strength and becoming less secure by the day, and I think it's because running a node has become an impossible task for most users.  True. Running a node is pretty demanding on your computer, syncing with the blockchain is slow, and now consider that there are tons of other alternatives and back in the day Bitcoin QT was the only way to deal with BTC. You have to give incentives to people to run full nodes, otherwise no one is going to bother when Electrum can get you using BTC quickly. |
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If you really want your opinion to have some real effect, join the mailing list on sourceforge and communicate with those who matter. BitcoinTalk has turned into a marketplace where people are more interested in being trusted, increasing post count & activity count. Maximum people over here has no interest in what Garzik is saying. Personally, I think, what you are saying is correct. But, Gavin & Hearn are desparate to have a Hard Fork. Because NSA/CIA has given them the task of address blacklisting. Ref: Freezing BitCoin addresses by regulating minersI dont know, isn't it a bit far fetched to go as far as saying Gavin & Hearn are disinfo agents of the NSA/CIA and are in coperation to meet an agenda of these institutions? that's pretty heavy to swallow. Granted I don't like some of the stuff these 2 plan for BTC; but thats too much. |
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Yea I think the dollar and other fiat currencies have still got a long life ahead, though I think something like the dollar could collapse or lose a lot of its value eventually.
The Dollar has lost ~ 98% of it's value in a little over 100 years. If you consider the size of the USA debt, then "we" are in really serious trouble. But they can keep printing more and more money indefinitely to combat that hyperinflation so people hasn't perceived a change in purchasing power, the real question here would have been: how long can keep they doing this while keeping in order? can they go on forever? they give me the sometimes impression that yes they can. |
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I love biometric, when ever i have to use anything biometric it feel like ultimate security, i was just wondering if anyone has seen a dna biometric authentication?
It "feels" really cool to put your finger and get it scanned to unlock your phone, but you would trust a lot of money into it instead of classical cryptographic algorithms? |
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What did you do to predict a bubble in June 2017? is it halving related? I think there will be a good bubble hapening around the halving but imo it will be before it happens in anticipation and hype, then followed by a big correction and continued slow uptrend until xmas 2017 with a similar price that you predicted on there, sightly crossing previous ath.
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Actually there are no evidence about this yet . Some government banned BTC but also some support it
I'm not sure if there are some government that really support bitcoin. I think they just let bitcoin grow as long as it won't disturb the economy system of the country. Also that a crime related news seems to be getting more attention from the people so that could be another reason on why media keep on exposing BTC with the bad news.
That's why I think there is someone or some party that using media to make bitcoin become bad to world people. Mainstream media keeps spreading fud to Bitcoin so when people get in a critical situation like the Greeks are right now, they fear to put their money into Bitcoins and instead either leave them inside the bank and get them stolen by the gov, or leave them inside their houses in form of fiat or gold and get them stoled by other desperate Greek people and opportunistic vandals.
Yeah I haven't met any users from Greece yet here. I meet a Greek user actually, but guess what he's a poster here. Im pretty sure that every Greek Bitcoin user is on this forum, so to know a demographic of real BTC usage in Greece you could look at the Greek section in bitcointalk. It's safe to say Bitcoin is still a small niche there and the average folk has absolutely no idea what that is, so they are about to get a big haircut if they leave their wealth inside the banks, today was the last day to get your money out, we'll see what happens in Monday. |
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Thats why im still too paranoid to leave Bitcoin Core lol..
OP its probably nothing bad, just a wallet-side problem, like the poster above said, check on blockchain.info. I doubt the transaction didn't went thought. What fee did you use?
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I just don't think confirmation times are bad as they are now. We should focus on the blocksize problem and how to make Bitcoin scalable long term. People don't care that confirmation times in credit cards take 100+ days so they will not care that a Bitcoin transaction needs an average of 10 min to be considered as sealed.
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Is the proof of cloudthink.io being a scam strong enough to accuse dserrano like this?
Also, if dadice turned out to be a scam (which it isn't, but just giving an example) and im promoting it with my signature and avatar, I would've been still be promoting it until I realized because im not checking every single thread daily.. it could have been 1 month+ more until I see it.. so if someone makes a thread accusing X campaign of a scam, I wouldn't know, so during that time one wouldn't be liable for it, because you think you are promoting something legit. The difference is tho, dserrano has already seen that thread with the supposed proof, but he seems to genuinely think what he is promoting isn't a scam..
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No confirmation will go faster than 10 min. Just set your fee to automatic, it's the best way to guarantee the transaction gets done correctly. You are free to send transactions with 0 fees, but dont complain if they get frozen for a while. We gotta pay the miners, and automatic set transaction seems like the best way to both do that and not bloat the blockchain.
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From Breitbart:
In the northern Italian city of Trieste, parents are in uproar over a taxpayer-funded elementary school program that includes dressing little boys as girls and girls as boys to overcome so-called “gender stereotypes.” Schools are calling the exercise “the game of respect,” which purportedly adopts many guidelines from the European standards on sex education, attributed to the World Health Organization.
The so-called “game of respect” consists in a box containing several cards, presenting the figures of different working roles: male and female housewives and husbands, male and female plumbers and firefighters, with the figures represented in exactly the same way to show that males and females are completely interchangeable.
There is also a card with a game called “If he were she and she were he,” where boys and girls are expected to exchange the clothes they are wearing: the boy dresses as a girl and the girl as a boy, and they discuss how they feel in that new “role.”
http://www.dailyslave.com/italy-school-forcing-elementary-students-to-experiment-with-crossdressing/I am all about respect and respecting whatever people do with their private life but this is just insanely stupid and far fetched, why would you make a straight kid dress up as a wife and act feminine? this is utter bullshit. No wonder young men are more and more effeminate and depressed in this generation. They mix respect with shit like this and so we have what we have. |
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Well NYC just came up with BitLicense, meanwhile they ban stuff like this. It's like they do everything backwards. They also promote Boxing way too much instead of diversifying a bit. Not even Mayweather vs Pacquiao type of fight can make boxing mainstream anymore, besides the fights of such magnitude within themselves. Most people aren't boxing fans and only watch a couple fights a year. There are a lot more MMA fans that follow all fights every year.
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I think it's not. Bitcoin is being created by human and everything can be proven + being calculated.
Religion is something based in trust. Can't be proven even with human calculation.
Bitcoin is far from a religion, but one still needs to trust that people will use it in the future, thats why we make more and hold, because we believe in it being a great upgrade from conventional money, the difference is this believing is based on fact instead of some metamagical fairytale. |
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Most fingerprint readers can be easily tricked with very simple techniques. The newest upcoming technology might be more secure, but I think it will soon be cracked if it hasn't already. If I had a Bitcoin hardware wallet I wouldn't trust any form of biometrics to secure it because most of them have already been broken.
I don't trust biometrics myself. Nothing is better than a 20+ character phrase with a couple uncommon signs, you know you are safe for a lifetime if the algorithm is decent such as SHA256, but who knows what can they come up with to compromise biometric type security. |
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Well, Im not tech, Im not economist, just a crypto enthusiast, but this is my point of view. I always have seen BTC like Gold, is too hard to be used as a "currency" for the mainstream operations: you have to use it in very very very little fractions, have to wait lot of time to get a confirmation...
Considering Bitcoin was designed as an “electronic cash system”, your point of view doesn't match what Bitcoin is actually about. Also, you don't need to wait for confirmations when buying most things online. But Bitcoin is the mother of crytpo, it has a value accepted and has resisted a big crisis, guys. In the near future will be more alts, not only created by techs, or by some bump-and-dump guy, the biggest corporations will create them. BTC has been the reference since the beggining... And so will be for the rest of time, is the place on the crypto ecosystem.
Corporations creating altcoins seem like a publicity stunt that won't go very far. They would become some sort of coupons, but not more. BTC XT is trying to evolve BTC to try to be what BTC will never be. The problem is that is not evolving enough. Other alts better designed for merchants use can emerge and win the market; I hope the winner won't be a private alt...
Seems like a contradiction. Is the problem that Bitcoin is not evolving, or that it is evolving? So I think you should create and "Official altcoin", related with Bitcoin, with some inflation options, managed by the same community. That alt must be "cheap" and must has a real stable value to support a massive selling pressure. The alt would be build over a Community Central Bank.
A “Community Central Bank”, i.e. a central entity, something which Bitcoin has been against since the beginning. Well, the definition of cash needs for it to the fungible and anonymous. Bitcoin is not anonymous, or not enough due the fact the ledger is public, and fungibility is at least arguable. If you knew the BTC you just recieved comes from some illegal activity, would you still take it? With cash, you would say yes because cash is untraceable, you wouldn't even know, the problem is with Bitcoin it's traceable due the public ledger. So im not sure about "electronic cash". I think Monero meets the electronic cash definition way better. I wish Bitcoin was as anonymous, but with anonymity other problems arise.. |
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many cripto coin and especially doge and other are not defaltionary like someone could think, something like doge is truly defaltionary , so not so far ahead from regular fiat, and the other have still plenty of coin to be mined, until their supply will end, they can still be viewed as a inflazionary, but not hyper i can give you that
With cryptos at least you have a established schedule from the start and you can look at the curve, and the devs know it would be the end of the currency if they try to modify the end supply. Now with fiats... there is no curve or roadmap possible, because they tweak everything at will. |
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I understand how the media attention has dropped, it always does. Its hard to be in the news everyday. I find bitcoin to be very interesting. Yes, there are a couple frauds happening everyday but I think that the more bitcoin users strengthen as a community, the better security will get. I recently read a post about ending the transaction with a signature certificate and I feel that's awesome. New things are discovered everyday and it will all shape better in the end. The media only wants the juicy stuff. Gmaxwell making an awesome video on the amazing possibilities of sidechains will not make them sell newspapers, but putting "this guy running a deep web market that ran under Bitcoin" or something along the lines will raise eyebrows and keep the casuals interested. |
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Mega early adopters or already fiat millonaires with 100000+ BTC can move markets at will, specially under cooperation. They can rig the market if they all act in sync, thats why we need price crashes, to scare all those lucky individuals holding too much money and spread out the wealth across individuals.
I think a miniwhale is anyone with more than 1000 BTC. Alone can't do much, but a group of them can set trends.
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From my point of view,advancing in technology is good for our planet as more and more people buy electronic cars and the oil consumption and that means less pollution. Also more and more people and companies use green energy(solar,wind,etc.). Of course that this proccess should be faster as we are destroying the earth`s environment and by the time we realise what bad we have done it will be too late...
I highly encourage the "green" organizations who are trying to help to make a better world but not the ones who are just looking for money.
Automation will improve quality of goods and building efficiency, but less jobs will be available, making the remaining ones an ultra competitive cesspool, that is the living contradiction of capitalism. We are headed towards a very interesting future, and also shitty for the common folk. I don't see no way to stop riots on a daily basis unless an universal welfare plan is started. Unfortunately the rich will keep getting better and the common folk will keep getting poorer (us). |
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I just set up my first OpenBazaar store and am pretty excited by the platform. That said, the store list is pretty sparse, so I figured it might be nice to start a list of stores people in the Bitcoin community are running, so we can have trusted places we can go buy things from (and experiment with the platform). I'll start: I just opened a store called "The Product" and am selling customizable bead bracelets (like from your childhood, but with funky phrases and curse words allowed).  Looks cool, im tempted to open my own shop and sell some things, the question is, looking at BitLicense and it's contents.. how long till the awesome ease of setting up your own shop and start selling gets ruined by stuff like that? |
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