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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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821  Economy / Speculation / Why are the Chinese buying? on: June 17, 2015, 12:42:52 PM
It seems like the Chinese are doing it again? Why? Have they not learnt their lesson?
822  Economy / Economics / Why were all the bankruptcies announced around the same time? on: June 16, 2015, 09:58:02 PM
During the last financial crisis, all these companies decided to announce bankruptcy at around the same time. Why?
823  Bitcoin / Bitcoin Discussion / Being your own bank and theft on: June 05, 2015, 10:10:04 PM
So even if you keep your own coins secure, there is still a danger of theft performed with violence. You have heard of people who were forced to give up their coins/keys under duress.

Does this mean that multisig is a must?
824  Bitcoin / Bitcoin Discussion / Circle Android app has 10,000 to 50,000 downloads. on: June 05, 2015, 03:23:51 AM


A number of 1 star reviews for the verification process. But many 5 star ones for good user interface.

https://play.google.com/store/apps/details?id=com.circle.android&hl=en
825  Bitcoin / Development & Technical Discussion / Re: Subnetworking as a solution? on: June 03, 2015, 09:55:01 PM
If a subset of nodes is not 100% in sync with other subnets, would it make double spending easier? A potential scammer can connect to different child nodes in 2 different subnets with tor and broadcast double spends.

Spends from an address should be restricted to only one subnet. I.e addresses are divided into subnets much like how IP addresses are.
826  Economy / Service Discussion / bitpay does not dump on exchanges on: June 03, 2015, 07:48:12 PM
i wonder if coinbase does

https://www.youtube.com/watch?v=z8sNiawoG8o&feature=youtu.be
827  Bitcoin / Development & Technical Discussion / Subnetworking as a solution? on: June 03, 2015, 06:20:25 PM
A potential solution to the block size debate is the division of the bitcoin network into subnets that feed into a main (backbone) network.
Thus the subnets will process only a subset of transactions (e.g. geographically local transactions) and then feed the results into the main network and hence the main blockchain. This would require for the subnets to have their own mini blockchains.
In this way the cost of hosting a (child) node would not be increased (unlike a block size increase) and the number of nodes will not be reduced for the whole network.

There would be a need to change the algorithm.

Has this solution been proposed by any of the developers?
828  Economy / Speculation / We have become cautious on: June 02, 2015, 11:27:11 PM
Because of the dumping whales, many of us have been very cautious in buying coins. We are scared that another dump will be incoming. I think caution will give way once the price stabilises for several months - even up to a year.
829  Bitcoin / Bitcoin Discussion / Did TCP/IP face the same problems? on: June 02, 2015, 10:53:05 PM
Were there any such heated debates on the details of that protocol in the early days? How did they solve them?
830  Bitcoin / Development & Technical Discussion / BIP32 maximum number of addresses? on: May 16, 2015, 07:38:35 PM
I am a noob in this area.

How many addresses can be generated from a seed using BIP32?
831  Bitcoin / Hardware wallets / Re: Trezor questions on: May 16, 2015, 07:36:41 PM
Hello all,

Some question for you Trezor experts:

1, Is 12 words really sufficient as a seed? Or is it really worth going for 18 or 24?

2, Can I add a passphrase to an already generated seed?

3, What is the point of using the passphrase to encrypt the seed if the easier thing to do is wipe the device and not store the seed on it?

1. It's all about seed entropy, the more words, the higher the entropy! 24 words is safer than 12 words, so go for it.
2. I doubt it, because the password alters the seed.
3. I don't know if I understand you correctly. How will you work with the trezor without storing the seed on it?

Maybe you want to have a look in the trezor online manual:
http://doc.satoshilabs.com/trezor-user/index.html

Thanks a lot.

For number 3 I now understand that the seed is used to generate the keys! I didn't know that before I asked the question.
832  Bitcoin / Hardware wallets / Trezor questions on: May 15, 2015, 12:52:56 PM
Hello all,

Some question for you Trezor experts:

1, Is 12 words really sufficient as a seed? Or is it really worth going for 18 or 24?

2, Can I add a passphrase to an already generated seed?

3, What is the point of using the passphrase to encrypt the seed if the easier thing to do is wipe the device and not store the seed on it?
833  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 14, 2015, 09:56:59 PM
pump and dump at the same time?
834  Bitcoin / Bitcoin Discussion / WWSD? on: May 12, 2015, 05:58:06 PM
What would Satoshi do?

In regards to the block size and transaction times?

If only he appeared from hiding to give his view.
835  Bitcoin / Bitcoin Discussion / Re: What real world situation have you had problems due to 10 minute confirmation? on: May 11, 2015, 04:39:54 PM
I think they may need to use 3rd parties to insure transactions. A Visa for Bitcoin?
836  Bitcoin / Bitcoin Discussion / Re: WSJ: NASDAQ to use Blockchain Technology on: May 11, 2015, 01:14:47 AM
What I got from the article..... There's no denying that crypto is or could be the future.  But the question is, is Bitcoin?

The writer reckons so.

https://twitter.com/mikejcasey/status/597545262345682945

NASDAQ is using coloured coins on the only blockchain that counts.



If true, it's among the biggest news we have ever had.
837  Economy / Service Discussion / Most reliable mixer? on: May 07, 2015, 12:00:03 AM
What is the most reliable BTC mixer known?
838  Bitcoin / Hardware wallets / Re: Case vs Trezor on: May 06, 2015, 11:55:56 PM
For serious BTC both are shit. I do not trust anything that the bitcoin core.

For pocket change BTC who cares... its pocket change BTC

You want your BTC paper wallet to one day burn down in a fire? With Trezor at least you can memorise the seed and even use it with an infected PC.

Encrypted wallet.dat in an encrypted container on an encrypted usb stick.

One at home, one at the bank, one at friends etc.

Yes, if the planet explodes im fucked.

USB sticks' memory last how many decades? Plus you will need to use a PC/Laptop to send coins. A compromised PC and your coins are gone.
839  Economy / Speculation / How much was dumped in January? on: May 06, 2015, 10:48:06 PM
How many coins were dumped in that mid January dump?
840  Bitcoin / Hardware wallets / Re: Case vs Trezor on: May 06, 2015, 10:24:05 PM
For serious BTC both are shit. I do not trust anything that the bitcoin core.

For pocket change BTC who cares... its pocket change BTC

You want your BTC paper wallet to one day burn down in a fire? With Trezor at least you can memorise the seed and even use it with an infected PC.
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