I agree that 2013 was the year of bitcoin, there was enormous growth in: 1) individual adoption, 2) businesses using bitcoin, 3) price and 4) press. This will be hard to replicate in any year.
So what is the next year of bitcoin by your definition? Mainstream adoption, fiat currency replacement? If so we are a ways from that still (unfortunately)
mass understanding of the technology smart regulation wall street more or less 99% of the world population still have not understood what bitcoin is: Bitcoin solved a problem thought to be impossible to solve amongst computer scientists. How to get a bunch of people who don't trust each other to reach a consensus. The implications are mind blowing.
although not completely true http://www.reddit.com/r/Bitcoin/comments/1tt88c/today_i_realized_that_satoshi_nakamotos_great/ |
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nice deduction told my friends during lunch that this is probably going to happen anyway hodling  |
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even if it drops to 100$ this night it is not more or less unlikely than before no one knows my feeling is that more and more people get a view on the technology behind bitcoin and see its future potentials. i know that people hate me for saying this but do you have any idea what a smart (!) regulation for bitcoin in the us will mean for the price of bitcoin  just see what it is and who is responsible for this mess: mtgox is an entity you had/have to trust, bitcoin runs WITHOUT trust and so will a) the decentralized exchanges in the future or b) the new exchanges will be in a way regulated that their as trustful as possible in finance |
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WE SHOULD START TO BUILD NXTMONEY == fixed price/value in all major currencies.
We need economists for that or u will end with eMunie-like system. I still doubt that eMunie "constant value" idea will work if people start selling EMUs. economist here  that is the famous trilemma of fixed exchange rates in standard theory - I think it might be possible to build something like fixed exchange rates due to the fact that not monetary policy is possbile necessary, but you have to do it with extreme caution.  I can remember MSCs whitepaper suggesting something like a battery (probably a proof of isolation) for keeping values stable |
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With regards to your GUI question... that is the whole point of a web wallet, there *is* no installation. No counterpartyd to set up and install. You simply go to a webpage, generate a passphrase, paste it into a text box, and click login. Takes all of 5 seconds. Nothing to save or worry about beyond your pass phrase (which *is* your wallet)
that sounds so great - when will it be ready? |
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for those who own btc with gox, it seems like the issue is going to be the extent to which gox "re-issued" bitcoin deliveries to customers bc the recipients lied and said they had not received it. if there were many double deliveries, then gox may not have the bitcoin to pay remaining owners all the bitcoin to which they are entitled. a few issues/questions come to mind:
1. why the other exchanges are not having the same problem
2. would mtgox be able to figure out which customers claimed failed delivery but lied, and were then paid twice.
3. it seems like the gox omnibus acct should net out even at the end of the day. double deliveries would raise red flags (one would think) when all has been netted
1. Gox uses a customized wallet, which is obviously faulty. Other exchanges either implement it correctly (checking the address balance), or simply use standard bitcoind 2. Yes, if they have kept all the transaction and conversation log. 3. Not sure what you mean. But if gox really double paid some customers, they are the one to absorb the loss (or they will close and run) thanks for the great explanation - are other services outside exchanges also using this customized wallet? |
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Mark my words, we will see btc to under $100 by friday... MT GOX will announce they are halting trading indefinitely. Be prepared to buy low if you can!
Dream on, why would people e.g. from Bitstamp sell all their coins? If your neighbours company goes bankrupt because he was an idiot do you close yours too? Something major is going to happen this week... I am warning you all now.. Care to let us all in on what makes you say this? I agree with the OP, but I think it's gonna be more towards the end of the week ie. 2/14/14 and it's prolly gonna affect more than just the price of the bitcoin. More like the entire internet or the entire financial system. I figure it might have something to do with the olympics and April 21 2014. Finally someone smart tell us more Not one donation? Come on... I got more news! I would suggest that you tell us more. I can only think of one event which at the same time is destroying bitcoin AND financial markets. From all states of logic these two markets should be negatively correlated in the long run |
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Mark my words, we will see btc to under $100 by friday... MT GOX will announce they are halting trading indefinitely. Be prepared to buy low if you can!
Dream on, why would people e.g. from Bitstamp sell all their coins? If your neighbours company goes bankrupt because he was an idiot do you close yours too? Something major is going to happen this week... I am warning you all now.. Care to let us all in on what makes you say this? I agree with the OP, but I think it's gonna be more towards the end of the week ie. 2/14/14 and it's prolly gonna affect more than just the price of the bitcoin. More like the entire internet or the entire financial system. I figure it might have something to do with the olympics and April 21 2014. Finally someone smart tell us more |
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I have an ethical question which I do not want to post in public - who do I contact with this issue?
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ind ourself that the POSSIBILITY of 1000TPS brings us to 1000TPS in a few years. If we now state "not possible", we lose one feature.
1000TPS will not even touch the sides in a few years, if NXT manages to get it right. <SNIP> So I would plan for far higher than 1000tps, solve the accompanying block chain problem and make sure you can do instant transactions, unless you just want to nibble around the crumbs that VISA / Mastercard will drop - both of whom have bough e-money platform companies... Sorry - one thing I forgot... If you assume several billion people on the planet will continue to use text phones for the forceable future (years) then these e-moneyplatforms will stay. This does to stop the spread of crypto the processing of FIAT and E-money is expensive so I can see an evolution where these platforms swap their e-money wallets for crypto wallets and become a kind of equivalent to block chain.info for people with only text phones to access/store a digital currency from a text phone. There will probably be a period where these platforms will provide both types of wallet and it will be interesting to see where this goes. can u tell about transaction costs of these payment solutions |
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wow. damn, has anyone else seen that doc page? I dont think any other crypto has anything like that, prob cause theyre not java based lol. that is simply AMAZING. Will be a huge boon for future devs.
very nice work guys
which one? |
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i asked it before but do not see the superiority to other projects like xcp msc bitshares or ethereum if high frequency cannot be implemented.
Nxt can't do HFT too. why then is it so valuable to finance/financial markets (wall street guys ) |
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isn't the overall idea to make in some way valuable for finance/financial markets? i asked it before but do not see the superiority to other projects like xcp msc bitshares or ethereum if high frequency cannot be implemented. |
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but seriously - this apple stuff is fuckin bad news
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And even if Cryptsy adds NXT...so what?
Maybe there will be a bit more redistribution from the top owners. But so what?
NXT is still only recognized in the Crypto world which is tiny.
I wouldn't expect to become very popular among ordinary people very soon. Let's continue our expansion to the world of finance, the rest of the world won't have another option after Wall Street guys start using Nxt. a simple question without being in any way offensive just in case we get into the world of finance, what makes nxt superior to say xcp, msc, bitshares and ethereum? we cannot handle high frequency trading, the others cannot as well.. when you give proper answer to this and it is technically possbile this should definetely be the way to go. ?? |
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$10 USD per 1 NXT is very pessimistic price for the end of 2014.
are you guys on crack or something - I really do not want to be a pessmist but why on earth should there be a 10b market cap for nxt in the end of 2014? |
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