I prefer Bitcoin. However one may argue that Gold is a better way to store your wealth. Replies from me and many more on the several threads on the subject: 1, 2, 3 |
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Take a look at actual online wallets, such as blockchain.info for instance. Is that possible to create the same type of online website but that allows cold storage wallets creation ?
didn't really understand what do you mean but from what i understood yes you can create a cold storage wallets and put it in an online service just like coinbase, xapo and blockchain.info if i am not wrong...etc It would cease to be cold the moment you stored it on an online service... |
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No. If you're online, it's not cold.
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I know there are many threads about the BEST Bitcoin wallet, but I don't think that's the right question to ask.
There's no best, but only the one that fits better one's needs.
Finally someone understands what I've been saying on this forum for years  What I'm looking for, is the best way to protect my BTCs.
What bothers me is the fear that some of the developers could slip a backdoor or a mechanism to steal all the Bitcoins from all the wallets one day.
I know this may look an absurd fear, but still, I don't think it can't be ruled out.
To overcome that fear you will need to learn the ins and outs of Bitcoin wallet coding, programming and have a sharp eye to detect potentially dangerous code. No other option. However, the problem is that with banks, our savings are protected: if robbers steal the bank, they have insurance, you always can get your money... at least until the government wants to fuck you up and lock your account, of course.
But in normal conditions, you don't have to think about your savings safety: they are there, you forget about them and no problem about robbery.
No problem about robbery? So you leave your money in the biggest theif's wallet and no problem about robbery? Sorry about the offtopic, but I had to reply to that... So my question is: what is the most secure wallet out there? I suspect it's the Bitcoin Wallet from the Bitcoin Wallet Developers, right?
Still, how can we be sure they are not going to group up and fuck up everything when Bitcoin price will go up?
There are no known vulnerabilities in the most widely used wallets. Therefore, they're equally secure. You cannot be 100% sure that there will never be a rough party in the development of Bitcoin Core or other wallets. However, Bitcoin Core development has many developers contributing, making it harder for it to be compromised. Switching to "third party" wallets, we have more problems: even though the developers make the code open source, how can I know that they won't one day upload a completely different version to the Store and get my money? Is this a realistic possibility?
I guess it is, eventually there are some malicious apps making their way through store's approvals. That's why it is advised to compile from source. With hardware wallets, the problem persists and becomes even worse. Of course hardware wallets can't be open source (I think), so nobody can check what they really do and what's really running in their chip.
Trezor is open source. Not sure about other wallets. In what regards to Trezor, you either have compromised hardware or, if in doubt, you can flash a software you trust yourself. |
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Very noticeable death spiral indeed. Some people only assume that the only incentive in Bitcoin is fiat profit, I guess they're wrong and what happened proved it.
Can you explain how "only incentive in Bitcoin is fiat profit" would result in a different outcome. How does this outcome prove that people were wrong about it? That's what some people and media seem to assume in regards to miners: they think they're only mining to convert all their income to fiat currencies, which is incorrect. If this was true, miners would just stop if their profits went down or they were negative. A cut in price, no matter how small it would be, if it made miners mine on red, would make them quit, if this was true. i also heard that alot of miners in china pay for their electricity for up to a year in advance, so there is no point in quitting if you have already paid your electric.
Interesting, any sources on that? What prices do they pay with these kinds of contracts? |
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This has many problems, I found some reading through the article, maybe there are more. First one is: and when the funds are needed, the satellite will communicate with a base station on Earth, via a secure link. There's your vulnerability. Second one is in the article straight away: social engineering and/or inside jobs. Third problem: “The customer’s premises [are] equipped with small antenna—pointing directly to space,” So this is how you make communication... But where are the funds for these antennas? Maybe they come from the fourth problem: Billions of digital coins were minted before the coin’s launch and put away to be distributed as a reward to solar power users over the next 40 years A premine in hands of the devs... Where have we seen this... I don't think their main plan will have much success. |
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Very noticeable death spiral indeed. Some people only assume that the only incentive in Bitcoin is fiat profit, I guess they're wrong and what happened proved it.
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This should be on alternative clients section. Maybe someone there can check the code. If it is not malicious, it is a good idea to have some funds for quickly spending.
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Not sure if this question fits here, but I don't think it deserves a thread on its own, so... Should threads out of the correct sections be reported too, in order to be moved?
If a thread is in a wrong section, yes, report it. If you can, please add a board suggestion for a thread to be moved in instead of the classic 'wrong section' report. It's helpful for everyone as a mod might mark it as bad if the thread is moved in the meantime while the report remains unhandled. Thanks mprep and Cyrus. I'll be sure to suggest a section when reporting. |
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Nowhere, so far, but real estate is a very good option. Cars are also an option that might be good and fun, but it's a bit more risky.
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It could go. Or not. As said, no one knows. But what's almost certain is that altcoin prices won't keep up with Bitcoin if it goes that high: people will most likely be selling for profits on altcoins and buying Bitcoin.
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I guess this thread should be on Meta... Yes, we've been seeing a surge of these links around the forums. What I normally do on these cases is search for the thread's topic online myself or simply read what other members post and comment based on that. I always avoid clicking links to unknown websites, I think it's a good security practice even if your computer doesn't have any private keys. So there's that, if one doesn't want to give profit to posters or doesn't want to risk its computer to malicious ads... There are ways to circumvent these links  |
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Many have tried creating nations based on Bitcoin and failed. Not saying that this will never work or that Bitcoin is the source of problems, but... So far things like this look a bit like vaporware. Someone tried to create a Bitcoin nation between two countries and was forbidden to do so by both country's authorities (and then there was a discussion about to which country did that land belong to). Then there was a proposal for an "aquatic" Bitcoin nation to rise, but they really didn't have anything to show and were asking for funding without having anything to show, really. Then there's this, which is quite similar to the previous situation I described. I'll wait and let these things pan out. Then I'll see if it worth throwing oneself into...
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There's a Lending section on the forums, however no one is going to give you a loan without collateral and asking for a loan on first post will get you red flagged on the forums. |
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Not sure if this question fits here, but I don't think it deserves a thread on its own, so... Should threads out of the correct sections be reported too, in order to be moved?
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There's an Armory section on the forums. Why are you using this script specifically? That would probably only work executing it with Armory PS: 0.95 is still in beta. |
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Search on the Jobs4Bitcoin Reddit and websites like Coinality, xbtfreelancer and bitgigs
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Not something to celebrate, Japan is full of pedophilia and perverts. Don't know why they're praised on Bitcointalk
So does the rest of the world. And the show doesn't seem to have any of those two topics included... |
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I am too concerned with centralization, although it is like Lauda says, better this than nothing. let's see how this pans out, I doubt Bitmain, as a company having pools, will see a huge increase of hashrate (hashrate on this new pool will probably be from existing users on their current pool and maybe some from others).
I am also eagerly waiting to see how "open source" will this mining pool be.
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I don't remember Darkwallet being officially closed down/development ceased. If I very well remember, the project was open source, so anyone can take it further.
Nevertheless, I think OP has answered his question already: Bitcoin isn't meant to be fully anonymous, and I'd like to see it stay that way for years to come, if not for eternity (and I'd like to see whatever comes to replace Bitcoin in a distant future adopt exactly the same stance about anonymity).
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