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2012-03-11:
It seems that nobody is voting anymore, so it makes sense to lock the poll.
I hope everybody find the results satisfying, I for sure do.
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Because the previous poll sucked hard, i made a new, proper one. Choose wisely, your future may depend on it. |
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Agreed. you should have a 4th option. 'dynamically change the block size'
depending on some fixed and pre agreed algorithm
Therefore, this poll is totally broken. I will make a new one. |
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My answer is: none of the above.
I think that the block size should be dynamic and recalculated every X blocks using some well-balanced algorithm.
Of course, results of this poll are not going to force anybody into a certain decision.
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Welcome, welcome new "investors".
I wondered when we see the first of those articles. If we break our all time high, I expect to see a lot of them.
Then we will be bubbling like crazy (again).
Nothing surprising here. This is normal with any new currency or any new market. There will be speculation, there will be bubbles. Lots of them. |
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and they compared Bitcoin to Amazon coins as if they're somehow similar things.
Of course technically this is incorrect, but i think it is good that they do that. Some not-very-smart politicans who want to attack the idea of fully electronic currency may go after 2 targets (amazon and Bitcoin) so their efforts will be less effective. |
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THIS IS MADNESS !
Onslaught rally comes in 5...4...3...
WE ARE ON FIRE !!
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- SNIP -
- What if somebody steals the paper wallet from you ? It is not encrypted.
Why isn't it encrypted. You can store an encrypted private key on paper. ...which will unfortunately take much more space than microSD card if the encryption is to be done properly (the paper cannot be too small or the print will become unreadable with time). - How is paper wallet better than microSD card which CAN be encrypted, so you can push it to the cloud, make multiple backups everywhere and you don't care if the backups get lost or stolen ?
And a paper wallet can be uncrypted, pushed to multiple safes, and have multiple backups stored everywhere so you don't care if the backups get lost or stolen. Yes, you do care. A microSD card can be encrypted in a way that nobody even KNOWS whether it **CONTAINS ANYTHING**. And it is easy, just truecrypt + 5 - line bash script. Try doing that with paper wallet. Good luck. The laptop may even have a truecrypt invisible partition so you have plausible deniability in case a thug wants to take your coins from you.
Wouldn't a carefully encrypted and disguised piece of paper also give you plausible deniability? You cannot disguise paper wallet as well as you can disguise microSD card. MicroSD card can be encrypted in a way that it will be impossible to tell if it contains anything. Also for extra security, instead of synchronizing blockchain through running client normally, you can synchronize on a different computer and transfer the blockchain files through other means (SFTP, RSYNC).
Wouldn't it be better not to synchronize the blockchain at all? I don't think you need it to spend bitcoin as long as you know the hash value of the outputs that have been sent to you. Armory allows this. |
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If you do not use paper wallets, really you are very foolish.
Nah. Paper wallets suck hard. - What if somebody steals the paper wallet from you ? It is not encrypted. - How is paper wallet better than microSD card which CAN be encrypted, so you can push it to the cloud, make multiple backups everywhere and you don't care if the backups get lost or stolen ? An encrypted Laptop which is used only as Bitcoin-safe is much better. The laptop may even have a truecrypt invisible partition so you have plausible deniability in case a thug wants to take your coins from you. You only connect the laptop to internet when you want to send coins. (You can use Armory offline wallet for that too) Also for extra security, instead of synchronizing blockchain through running client normally, you can synchronize on a different computer and transfer the blockchain files through other means (SFTP, RSYNC). |
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HOLY SHIT ! WE ARE GOING CRITICAL !! BUY BUY BUY !!  |
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No.Next question please. ---- PS. I think that this situation is quite useful for Bitcoin for 2 reasons. 1. It disperses attention of governments & banks so that they now could go after two targets (even if amazon coin is not really a threat, they may spend some time getting to it). 2. It may pave the way for all alternative currencies into the current system I wonder if Amazon will take this "coin thing" further, making it a real currency, not just a gift card system.
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I think that this situation is quite useful for Bitcoin for 2 reasons.
1. It disperses attention of governments & banks so that they now will have go after 2 targets.
2. It may pave the way for all alternative currencies into the current system
I wonder if Amazon will take this "coin thing" further, making it a real currency, not just a gift card system.
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I think that this situation is quite useful for Bitcoin for 2 reasons.
1. It disperses attention of governments & banks so that they now will have to go after 2 targets.
2. It may pave the way for all alternative currencies into the current system
I wonder if Amazon will take this "coin thing" further, making it a real currency, not just a gift card system.
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We should bum rush Amazon with emails about why they use Amazon Coins, but not bitcoin. I do buy stuff from Amazon, but if they took BTC, they would make it my primary shopping site.
No we shouldn't. The customer base of bitcoin users is still WAAAAAAAY too tiny for them to give a fuck. Plus they'll be in the business of selling AmazonCoins themselves directly. For them to use Bitcoin, they would have to consider how to sell it themselves, and somehow I don't think Amazon has interest in being in the exchange business. My message to Amazon is... You can use BTC or not. I will be using bitcoin regardless of your decision. Who cares ? I don't know, but i know that Amazon doesn't. |
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So I guess we are the other universe then ?  |
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Just because a company starts offering something and uses the word "coin," it's definitely not bitcoin.
They just want to ride the vibe. Bitcoin is cool, why not call our product "coin" too?
Yep, so much fuss for nothing. It's just some giftcard-like nonsense, not coin of any sort. |
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