Bitcoins advantages are technical and if you take that from bitcoin there is nothing left.
Not true. One of bitcoins main advantages is that inflation is predictable. Maybe you understand the technical aspects of bitcoins but you do not seem to understand the problems with the current monetary situation or the political implications of Bitcoin. |
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I see my public address on blockchain.info.
Where can i find the associated private key and how do i re-claim them if they were never downloaded to my wallet?
You can share the address but NOT the private key. |
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 feelings? I really hope we go down. I have way to much fiat atm. |
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Do anyone know why Bitstamp is more expensive than mtgox atm?
I believe there was some issue with fiat deposit that recently got solved. Could be a lot of money hitting the exchange all wanting to get in at once. Thanks for clearing that up. Makes sense. |
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Do anyone know why Bitstamp is more expensive than mtgox atm?
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Hey,
i wrote a ticket but it is kind of urgent (also a bit strange)
I did cash out about 20 BTC and all went pretty instantly.
Also the mail for this cashout came instantly and also changed very fast to status: Finished:
ID Date Description Amount Status
228016 Nov. 20, 2013 Bitcoin 4.00000000 BTC Finished
BUT it never showed up on the blockchain...
Please fix ID 228016
Thanks
better check in your bitcoin client, it seems to me that there's a problem with blockhain.info problem is solved now. I have experienced that Blockchain sometimes does not show the transaction before it has been included in a block. |
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Submitted a bank wire one week ago
Called the bank today and confirmed bitstamp's bank received the funds
Now I am waiting to see when my bitstamp account will be credited
My account finally got funded! Would you care to share the details of the transaction with us? When you sent it, from where and how big the amount was so we other folks know what to expect. |
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Dear Bitstamp clients,
We are currently experiencing some problems with our banking software. As a result, deposits and withdrawals may be delayed. We expect this issue to be solved and be resolved tomorrow or the next day.
We kindly ask our customers with pending transfers to remain patient and refrain from submitting additional support tickets on the matter. We will announce as soon as this issue gets resolved.
Thank you for your understanding.
Best regards,
The Bitstamp team
UPDATE: This issue has been resolved. All pending transfers are being processed. Thank you for the update. Can you please inform us when you expect to have cleared the backlog? |
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Yes. These wallets are called cold wallets and are the most secure wallets available provided that your random number generator is good enough. An address is "discovered" when money is sent to it.
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So...wtf happens when the exchanges run out of coins? Any chance that will happen?
The price rises until someone are willing to sell. It will all happen more or less continuously, though. Rapid movement but no sudden jumps, I believe. |
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Bitcoin is the only investment/commodity that can rise 25% or more in one week and be met with a "meh" by the people holding it.
Dollars is the only investment that can fall 25 % or more in one week and be met with a "meh" by the people holding it. |
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If you actually followed the source wikipedia links to, it says the following: I use the term fiat or abstract paper money interchangeably to stand for a government supplied means of payment of no intrinsic worth. So not even your own source actually supports your claim. It's just Wikipedia messing up. Not sure why this bothers some of you so much. There is government fiat, now digital fiat, clam shell fiat, etc, etc. As freethink just said, fiat isn't necessarily a bad thing. It's not bad that USD is fiat in that sense. What's bad about USD is that it is debt based. It enters the system as debt. It would actually be nice if the treasury would just issue sovereign money and break capital holders grip on our economy. Fiat means decree which is the anti-thesis to Bitcoin. That is why it bothers me. The decree is right here: http://www.bitcoin.org/bitcoin.pdfEveryone here has accepted bitcoin as the implementation of that decree. No. I have not been told to use Bitcoin. I have chosen to. Thus it is a proposal and not a decree to me. |
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Fiat means decree which is the anti-thesis to Bitcoin. That is why it bothers me.
Well you have the full right to stay bothered by it. Me, I'm going to keep saying what I want, as my ignore button clearly reflects. And you are certainly free to join my entourage any time you like.  Nah. It takes a little more than that to get on my ignore list  Love this thread btw. <3 |
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If you actually followed the source wikipedia links to, it says the following: I use the term fiat or abstract paper money interchangeably to stand for a government supplied means of payment of no intrinsic worth. So not even your own source actually supports your claim. It's just Wikipedia messing up. Not sure why this bothers some of you so much. There is government fiat, now digital fiat, clam shell fiat, etc, etc. As freethink just said, fiat isn't necessarily a bad thing. It's not bad that USD is fiat in that sense. What's bad about USD is that it is debt based. It enters the system as debt. It would actually be nice if the treasury would just issue sovereign money and break capital holders grip on our economy. Fiat means decree which is the anti-thesis to Bitcoin. That is why it bothers me. |
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The word "fiat" means a decree or a dictate thus indicating a central authority. This does obviously not apply to Bitcoin or bitcoins and we should thus, in my opinion, avoid linking the word "fiat" with bitcoins.
No, I will not avoid "linking" the word fiat with Bitcoin because that is what Bitcoin or any other currency that has no intrinsic value is. Fiat. You may not like that and even choose only the definitions that support your position, but it is what it is. Fiat. I am not picking definitions at will. Fiat means decree thus indicating central authority. I tried to be polite but: http://goo.gl/fQX918And he is using the definition from wikipedia's "Fiat Money" page. I'm not saying I agree with him, but he already linked to his definition, so linking to a conflicting definition won't get you anywhere. That is true. And this is also why I warned against semantic discussions btw. But when you seek to define words, one should always look at their etymology (origin) and not different uses since many words can be used for conflicting meanings. Take the word "liberal". In europe it means "seeker of freedom" = libertarian or classical liberals like John Locke. In the US "liberal" means social liberal who are inspired by Rousseau or even the social democratic movement with emphasis on the so-called positive freedoms (as defined by Isaiah Berlin). Many words can mean anything you please if you do not go to their root. Then their meaning usually becomes unambigues. Like "fiat." |
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The word "fiat" means a decree or a dictate thus indicating a central authority. This does obviously not apply to Bitcoin or bitcoins and we should thus, in my opinion, avoid linking the word "fiat" with bitcoins.
No, I will not avoid "linking" the word fiat with Bitcoin because that is what Bitcoin or any other currency that has no intrinsic value is. Fiat. You may not like that and even choose only the definitions that support your position, but it is what it is. Fiat. I am not picking definitions at will. Fiat means decree thus indicating central authority. I tried to be polite but: http://goo.gl/fQX918 |
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2) The word you are looking for is "fiduciary". "Fiat" means "let it be" and thus means that someone is in control.
fiat
ˈfiːat,ˈfʌɪat/
noun
1.
a formal authorization or proposition; a decree.
"the reforms left most prices fixed by government fiat"
Fiat money has been defined variously as: any money declared by a government to be legal tender.[1] state-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard.[2] money without intrinsic value.[3][4] http://en.wikipedia.org/wiki/Fiat_moneyOk. Arguing over definitions is usually stupid. That is a semantic discussion and what one should usually seek is a logical discussion. But I think this discussion merits some attention none the less since is important that we are able to use the right words to describe Bitcoin and bitcoins. The word "fiat" means a decree or a dictate thus indicating a central authority. This does obviously not apply to Bitcoin or bitcoins and we should thus, in my opinion, avoid linking the word "fiat" with bitcoins. (and the bitcoin protocol (and thus bitcoins) has intrinsic value since it can be used as a tool - namely a timestamp - just like gold can be used in electrical devices and teeth - intrinsic value. But this is a seperate discussion to the discussion of the word "fiat".) |
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What law in what country says that someone wholly or partly has to use bitcoin?
It's obvious you misunderstand the full definition of "fiat". Fiat can be a government issued currency but it also is defined as a currency with no intrinsic value. 1) Bitcoin as a protocol has intrinsic value. As a time stamp and as base-protocol for Mastercoin. 2) The word you are looking for is "fiduciary". "Fiat" means "let it be" and thus means that someone is in control. fiat ˈfiːat,ˈfʌɪat/ noun 1. a formal authorization or proposition; a decree. "the reforms left most prices fixed by government fiat" |
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This is a pretty cool chart. I wish that ChartBuddy would display the market depth of four exchanges and not just one, though. |
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