? have you talk with your neighboor that you old GOLD on your garden ?
no.
do same thing on bitcoin.
This. But you have to consider the following: If you have a Paper wallet and the theft founds it, and scans it, he will know it's a Bitcoin address (assuming you didn't explicitly mark so on the paper wallet, then he doesn't even need to scan it). If you got a Trezzor, the theft knows there's Bitcoin it (in a couple of years when BTC is mainstream and everyone recognizes such devices). So basically, the only wait to do it properly seems either have your wallet.dat file encrypted and hidden as something else in non recognizable places like USB or HDD, or have a brain wallet and hope you don't forget your 12 words and no one guesses them randomly. |
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I fail to understand what this is about exactly. Is the government being positive with Bitcoin and making it easier for entrepreneurs to work with BTC or im missing something?
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We can simply modify few codes at bitcoin-qt to support 20MB or even 20GB block: if block>20MB then block=first 20MB
or It can be phased in, like:
if (blocknumber > 115000 2000000)
maxblocksize = largerlimit 20MB
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
Why do we have to hard fork the blockchain? why not just modify these codes at bitcoin-qt, and every one using bitcoin-qt can recognize the lagger block. I don't understand why they don't just don't do this, but it's clear there is a reason, otherwise a hard fork wouldn't be risked. It's seems modifying the blocksize is not as easy as that and has a deeper impact on the system. |
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It would have an impact but Bitcoin's life doesn't depend on it. It's a very important forum with main Bitcoin developers posting, so this means it's basically backed up by millionaires.. no need to worry about nothing.
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Once this happens unfortunely a lot of people will be tired of waiting a long time ago and would have sold. They will feel the pain twice (missing the first 1K boat, and the the future one). Such is the fate of those without a future vision beyond 2 months from now.
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Actually it's perfectly accurate. We are in the early 90's, it will take 10 years to get at a level where your mom is sending Bitcoin transactions, just like it took 10 years for older people to get heir heads around email. |
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Many of the people where I work have little to no idea of what Bitcoin is, a few mention ah yes I saw that on the news a while ago but not quite remembering anything else about it. I got interested in Bitcoin quite late on when the price was up towards the $1k mark and it was on the news quite a bit, this peaked my interest and after looking into it more found out about the tech and the benefits and it introduced me to a whole new world.
I think people just need something to peak their interest, grab their attention and give them that little push to find out about Bitcoin and get past some of the negative info out there.
No one where I work has ever heard of Bitcoin, and I know a guy that works in the banking world and few have heard about it. We are still a small group of enthusiasts and pioneers. The average folk has a lot of catching up to do to get on our level, and we'll sooner or later be rewarded. |
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Both have risks.
If we stay at 1MB, we don't know what will happen once we hit the limit, which could be anytime next year, it's a risk.
We also don't know how the hardfork to 20MB will go, it should go smoothly, but we don't know. The 20MB is not a definitive solution, but should buy us time to create a true scalable solution so Bitcoin isn't stuck forever with a shitty tps rate.
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Im glad to have made it in, but those that made it after the 28 are missing days, will posts be counted as avatar campaing for 150 reward?
and has anyone noticed now in the google spreadsheet, sometimes some nicknames are stuck with "Loading..." ??
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Bitcoin popularity how much running day by day it's not very much far not only Gold in this world every business should deals by great Bitcoin. Gold and Bitcoin almost similar who have Bitcoin they can buy anytime any moment everywhere Gold and who have gold they can buy too both is I think related each others and both is valuable things.
Bitcoin and Gold doesnt correspond to each other because bitcoin is a short term investment but gold is a long term investment so both of them is much a like just as investments but both of them doesnt affected to each other. Their market doesnt same too. And gold is more valuable things since their market is much much more larger than bitcoin plus bot of their price is a matter. Gold will rise every year but it doesnt go to bitcoin that still have a volatile price until now How is Bitcoin a short term investment? Anyone that is on here should be aiming 10+ years, anything less and it's a waste of time and you'll likely sell way too early and lose money. Gold, it is what is. It may take half a lifetime for a pump and meanwhile stay solid. Not very exciting investment wise. |
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Considering all the FUD about Bitcoin-XT and the block size hard fork this is not a bad time to hedge a bit and sell some BTC.
Maybe a bit, but 9000? thats insane. Those guys must be huge whales to be treating that kind of money like chump change. |
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Isn't Xapo already a Bitcoin Bank? I've heard they will protect your coins in some cold storage computers shielded inside an underground bunker with security cameras and armed guards, sounds pretty cool.
if you think about it any exchange can be considered kind like a bank, if you hold money there, many are just less secure than others banks are welcome only if they can offer a 100% secure investments with bitcoin..i'm talking about interest like with fiat but this will surely bring, the already little portion of the bitcoin anonimity, down There isn't anything 100% secure with fiat or with Bitcoin. An exchange is like a bank, except they aren't fully regulated, which means once shit happens you are out of luck since the police is not going to care about it. With fiat at least you usually should recover your money. But not always, look at Cyprus or the Andorra bank. With Bitcoin I can trust myself. Storing fiat in your home is way more risky since you can't do backups. |
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lets just choose the best altcoin and be done with it
NXT, or if you're a PoW devotee, a NXT monetary system currency with minting (i.e.PoW) NXT is the answer to all your problems guys It actually isn't. A lot of people don't like proof of stake for several reasons. The solution is simply adopting whatever fork people end up using at the end in consensus. Where is the problem? |
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The news of bitcoin's death, it seems, is greatly exaggerated, especially now that the banking world is taking the digital currency seriously. Last fall, two U.S. banks agreed to use software created by Ripple Labs, whose real-time, cross- border payments product is based on bitcoin technology. In January, a startup called Coinbase, which essentially stores people's bitcoins for them, said it had received $75 million from investors, including the New York Stock Exchange, the Spanish bank BBVA, former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer. http://www.bloombergview.com/articles/2015-06-02/financial-interest-shows-bitcoin-death-exaggeratedNo one but nerds and their fake FUD accounts are fighting over this. People that go outside their basements are out there making business and making things happen. Bitcoin will go on and people choose how it goes on, Core or XT. Bitcoin is more alive than ever. Stop the FUD and the drama. |
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Didn't Gavin already said he would never do the hard fork unless 90% (super majority) is reached? if this premise is right, I dont really see the big fuzz all over this. People is still deciding and it's still as decentralized as ever, the devs can't force you to run XT or Core, the majority wins.
I was going to say this, that it isn't a problem since people vote by running nodes, but maybe OP means something else that I don't understand. |
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LOL! Another account! amazing. You will flood the Bitcointalk servers by creating 1 account per 1 single FUD post 40 times a day man, chill down and hold your coins. No such thing as Bitcoin crash. We got billonaires in this boat and you don't even know it.
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Wow there are 12 threads on this topic now (though it is a very important one). From the outside looking in it must look a little bit....chaotic.
I think any risk to the bitcoin ecosystem (including centralization) is very dangerous, talk of XT being in development for over a year are shocking to say the least. We need to have transparency, factionalizing bitcoin supporters into different groups is the type of game the elite play to control us. Surely there must be some middle-ground between the devs so we can solve this situation before it gets too out of hand.
Just get rid of Gavin and continue business as usual without a fork and everything will be fine again. At the end of the day is us the people that control what happens to BTC. If you want the current Core BTC to stay, run a Core node, if you don't want to, run the XT node. At the end of the day the people will decide by consensus what is the preferred blockchain to continue with. |
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I'm sure it is just a matter of hours away. C'mon let's go "full on retard" and decide the future of Bitcoin with an "ad sig" campaign (it can't be any more ridiculous than the polls).  My main question is: Will the signature campaigns move to XT and pay us in the new blockchain or in the old one? or im not understanding whats going on correctly? because as far as I understood thus far, if the fork happens, everyone will have to decide what to use, including those that pay people for sig campaigns. |
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God damn this forums must be all newbies or what? I had to log in to make this thread to stop all the nonsense from you newbies for the past few days. Let me break it down to you what is happening, and why a fork might not be a fork!
+ You currently dont have to choose Core or XT, both are just wallet clients using the same database (blockchain)
+ You can run both wallet clients if you dont know to support blocksize increase or not
+ Gavin and Dev core using 2 clients to sort out the consensus of the network, who will support blocksize increase and who wont.
+ As the XT becomes 90% of bitcoin nodes, Gavin will implement the blocksize increase. This is like soft fork, you will know by then because i'm sure all major bitcoin services will announce they will support the blocksize increase or not.
+ The Core will be obsoleted and the bitcoin network has reached the consensus.
Here is the BS being spread around here:
- You can sell your coins of weaker chain : NO you WONT, i can tell you no exchange will support a weaker chain and risking their business
- Price will be halved because you now have doubled your coins: No it wont, because you cant sell coins on the weaker change on any exchanges. Unless you can find some retard on the forums to sell to, and if you can, you should fork your own bitcoins now and be rich.
Gavin's proposal is to increase pressure on decision making of the Core team. As at the current pace, we will not have enough time left and bitcoin network will face bottleneck. The damages might be too great then and risk all investors involved.
I think this is a brilliant idea. Everyone (bitcoiners) will learn about this and start voting. Look at how many confused members on here, i think it works already.
Let me see if I get this. So the hard fork (actual split o the blockchain) will only happen once the nodes run in XT are 90%+? who did say 90%? Gavin? show me the quote. In this case it would make sense, since running a XT client would be considered as 1 vote. 1 node = 1 vote. If you want to the fork, run the XT client, if you dont want the fork, run Core. It sounds cool, as soon as that majority is respected, in other words, 51% is not enough, and 90% would be obvious that a fork is preferred by people that actually care about BTC enough to run a node. |
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How will the limits effect on the value of per Bitcoin?
probably some initial dump due to fud and random mistrust, from some whale especially, but we will stabilize after that, to the current price again one could expect a sub 200 this time, more easily than before i guess... But sub 200 in what coin? Because as far as I Know, we will have 2 coins now, the old coin (in the old blockchain) and the new coin, in the new blockchain, so that means 2 prices, means a new coin needs to be added on exchanges, means companies will have to choose in between one of the 2 blockchains, means a lot of things. This is a total mess. |
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