Get a flash drive, and place your info on it. Then use a public library, which you can often access without a library card, off your drivers license.  He is talking about the whole internet being down. The public library won't have internet either. |
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I still love the design mate. They look so slick! Well done and keep up the good work  |
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I remember there is a movie that time= money, even staying alive need time, and the rich one would never die..
That movie has been mentioned by me and someone else. It's called "In Time" |
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at the very least, bitcoin priced would crash big time if the internet went down. but how likely is that?
How can you sell without internet? How can you transfer coins without internet? You cannot, thus no crash can happen. The market would be compeltely frozen. |
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That's awesome! Another point I'd like to make, government can regulate the internet through ISP's therefore can they not regulate bitcoin? As in if anyone is caught doing bitcoin transactions there ISP contract gets revoked? and can't they see this kind of activity on your internet connection?
That would mean that all governments in the world should work together. Do you really think that will ever happen? I highly doubt it. Also, it would require deep-packet scanning, something that goes against the Neutral Internet act (or however it's called). |
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If the internet goes down so does bitcoin though, am I right?
That is a huge if you got there, but yes, Bitcoin would go down as well. However, I am currently following a team that is trying to send Bitcoin data using DVB-T (Radio Waves). Something like that might be able to prevent Bitcoin from going down. |
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Total time logged in: 97 days, 6 hours and 3 minutes.
Almost 100 days, dayum.
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True again. So, best to wait for one or more confirmations unless you are willing to lose a certain amount of BTC to fraud. I bet that Satoshi broke his brain over this issue and I doubt that we can find a better (better being faster, safer and fair) solution any time soon. This actually may make sense in for example a coffee shop scenario. Most people would pay for their coffee and the transaction would eventually confirm. If only a very small percentage of people rip you off then your losses may still be less than losses and fees on conventional credit cards - so still a win overall even accepting zero confirmation BTC transactions. This is the main reason why I don't see a problem in doing small transactions with Bitcoin. Even though I don't get why one would use Bitcoin in such a fashion, but that is my personal opinion. |
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Another idea that has been talked about is that if your BTC are coming from a well known trusted source like Mt. Gox inputs.io well some sort of trusted large node then you are safe in accepting them with zero confirmation. This hightly trusted source of BTC would publish the fact that BTC coming from a certain address or set of addresses will all be good so you can trust the transaction without waiting for a confirmation. Perhaps they back their claims with some sort of insurance/garantee.
Well, if people decided to trust that one node, wouldn't those people be vulnerable to shady practices by the node owner? |
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A bad transaction is a claim on the insurance. Nothing they can do but to pay the claim, possibly learn from the experience, and move on. There is nothing they can do if a transaction that they thought was good turned out to be bad - probably because it was a double spend.
Hmhm, well it's a very interesting idea and I would love to see it happen. However you would need to trust that party to be fair and honest, which could be a problem. |
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Is this actually worth it? like are people actually making good money from signature campaigns?
I have made over 1.5 BTC in total from Signature Campaigns.  Should say enough right? |
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What you may be talking about is the possibility of accepting transactions as "pretty much valid" before the first confirmation since as Danny said the confirmation time cannot be changed. This is called accepting a transaction with zero confirmations.
There are ideas floating around for this. One example is that a third party would insure the transaction after a small amount of time but before the first confirmation. If the transaction turned out to be bad and you did not get your BTC then the third party insurance would pay you the BTC you lost due to the fact the transaction never confirmed. There would be a fee for this insurance and the better insurance companies would have methods to reduce their claims by studying the transaction to make sure it has a very good chance of getting confirmed.
Is that along the lines of what you are talking about?
That is pretty neat idea to be honest. Would love to see something like that being made and I would be very interested in their way of handling "bad" transactions. |
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If anyone one considers doing this, please send me a PM as well. I want's it.
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If the Trezor is fake, it won't request that you click yes.
Why doing a bad fake ?
Making a totally fake Trezor requires milling/molding tools, custom electronics, display, etc.. Not worse than making an ATM skimmer, but not so trivial either. On the other hand, anyone with a PC could buy a legitimate Trezor and load it with malicious firmware. A middle ground could be replacing or piggy-backing some chip in a legitimate Trezor, so as to override the standard bootloader and/or suppress the signature checking. That would require faking only the outer case, or cutting it open and then closing it with invisible seams. Opening a Trezor will break the casing, as far as I know. Even if you glue it back together it would look broken (and thus suspicious). |
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This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it I don't feel like any fucked up movies.  Although the concept is interesting, I'm gonna say no due that the time of each of us is very limited. It's a different kind of fucked up. It's nothing like the movie you watched yesterday  |
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This reminds me of the movie "In Time" and that was some fucked up shit. It's a great movie though so I advice you to watch it |
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]Dooglus, would you vouch for this guy?
Oh absolutely not - I think it's a joke thread. Ah good, I thought you went insane. Glad to see that this isn't the case. |
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This is one of the longest running Bitcoin casinos. Very few have [Paid Out Bils] for so long. If you have any more suggestions feel free to email blobsrs@gmail.comDooglus, would you vouch for this guy? And how legit is this? A recording doesn't prove anything, since I could just repeat generating a number until I have one that suits me. A live stream would be a lot better. I don't trust this, at all. Smells like scam. |
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I'm not at home, but got a call from my dad. The trezor package arrived! Awesome! I wish I had ordered one during the 0.5 BTC promotion. Oh well, I hope you enjoy yours! Makes some pictures and show them to us! |
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I have added the PocketRocketsCasino campaign as requested. CodyAlfaridzi, thanks a lot for posting the information with the correct format. Makes it a lot easier for me.
Regarding an Altcoin Overview
If someone wants to make one, please do. However, if you want to use any elements from my topic, please thank me somewhere (since I put a lot of work into it).
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