Is it possible that bitcoin might get outlawed? Perhaps seen as a threat to national security? Or perhaps rockefellers and rothschilds destroy bitcoin? What do you think?
I don't think they can outlaw it that suddenly, they still need to build up the propaganda, make the gullible people beg for it to become illegal, same thing as with firearms, people will beg for their rights to be taken away before this happens. |
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Lots of fun but can't play any more. The last game results do not update properly. The video is ok but I don't know if I win or lose. Really the site should show at least the last 20 game results regardless if the player is playing that round or not.
The red background does not help as previously mentioned.
It's a great idea but I am out until the website updated. BOL
Thank you for your input, can you describe what happens exactly? If I look back the transactions everything seems fine. Is there any way for us to recreate the bug? |
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Most headlines say "The Bitcoin Bubble Is Here" to announce that the widespread adoption of the cryptocurrency has reached a certain region as if the fluctuations in its price are because of fundamentals of the currency rather than the nature of people (specifically supply-demand)
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I originally got into BTC pretty early on so my worst mistake was probably overestimating the gov and underestimating the community, I had never thought we'd reach this stage.
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I have bet about 2BTC back at their early days, they deserve their success despite their downsides.  |
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This here is good news for those of us who don't have a lot of money. Bitcoin was over one hundred dollars. That's like a lot of money.
Jerry stop trolling the forums, you can buy fractions of BTC. |
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Hello Jerry! |
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I see you've managed to make a profit now. Very nice  Thanks! No profit yet, have to keep every BTC in the system to protect the house in case someone wins a big amount. |
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We have been DDoS'd briefly just after we've moved, our remote server that processes the transactions and holds the coins in cold storage was unable to insert the result into the website databases, this new bug was fixed.
I personally thank all the beta testers!
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We have moved to a different server, sorry for the downtime everyone!
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I think one point you failed to address is that there are multiple alternative cryptocurrencies, feathercoins, terracoins, litecoins, namecoins, ripple etc etc. So these people can become the early adopters of these coins themselves at the current moment.
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To give myself an Avalon in 2009.
squish
People would probably freak out, assume it's the gov, realize that you have way way too much hashpower and could execute a double spend attack easily, when you would stop mining the network will get stuck due to the difficulty. Overall you would kill the economy. |
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I have always been thinking on concepts that would allow actually purchasing a physical good (a coffee perhaps) in the physical world without having an access to a "computer" perhaps a watch like (or even a wristband like) device could be made so users would be able to send funds without a hassle wristband-to-wristband and wristband-to-server, a server would be a more sophisticated wristband that would allow billing on distances up to 80cm and would usually be used by businesses rather than in a personal manner, the wristbands themselves could be very minimalistic, calculator-like with 3 buttons and a led display, perhaps solar powered (they are also "green" and untraceable) since there is really no need to do anything except storing private keys and breaking up unspent transactions properly. This could become the reality in less than half a decade. I'm just hoping I will be the one to raise the funds for it and execute it  |
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MODS- I'm posting this hear because it's about bitcoin
Right now, TRC has ground to a halt because it's difficulty was taken sky-high thanks to some ASICS that hopped on the network and then hopped off, leaving the difficulty incredibly high, and it taking everyone else forever to solve the block required to bring it down. It's brought the network to a standstill (although there is a fix being released for this).
Although of course TRC difficulties are incredibly low, so it makes this sort of attack easy to do- it does make one wonder how the bitcoin network would react. As we grow and grow, eventually we will get to a size large enough that we are threatening for various other interest groups (if we aren't already). Although ASICS have made it much more expensive to attack the network, they haven't yet become widespread enough to claim we are really 'safe'.
If a State actor (for example China) were to put some time and money into it, they as well could develop a line of ASICS (indeed the only functioning ASICS are out of china- the government need really only seize their already completed designs and pay the factory to seriously ramp up production). With a large ASIC farm one could take the Bitcoin difficulty so high that when they leave the network the remaining bitcoin miners are stuck for hours trying to solve one block. As TRC shows you need only to slow down block production by a couple hours to induce widescale panic.
Thoughts?
I have been saying this since TRC launched. That ASICs would point to TRC and break it by running the difficulty into the sky. The algorithm for TRC is identical to Bitcoin's and this will continue to be a problem for the foreseeable future. Namecoin suffered this but at the hands of GPU miners flocking to NMC then run away. NMC had a difficulty that did not adjust for 3 months. TRC devs put such little effort into their "new coin" that they did not even manage to remove one of the biggest issues there is when creating an alt-coin, changing the mining algorithm. Namecoin is an utter failure, there isn't even a single person who developed a Chrome extension yet these people seem to think that if they sit on their namecoins for long enough someone will do the work for them. What stops someone from copying Namecoin, purchasing all the names, then investing tens of thousands of dollars to make it widespread. I think if a big enough batch of ASICs would crash someone would use the opportunity to replace them and get a profit in the meantime, especially with an economy which is relatively big like BTC. |
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if you pay sufficient fees, the transaction will still get confirmed. alternately, if you have a local wallet, you can use coin control to choose which inputs to spend from, which alleviates this problem.
>blockchain.info
yep, you're screwed.
Doesn't blockchain eliminate spam transactions by default? Only seems logical to do so. |
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Good job now i wont get anything done lol
I am not sure I follow. I interpret it as "your site is so great I'm going to be spending every waking moment on it and that will kill my productivity". Thanks, I am very grateful to everyone. |
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I am selling tinfoil hats for BTC, PM me if you're interested.
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No I was actually genuinely saying that it is a valid point, people who are new to the Bitcoin economy always seem to go ahead and download Bitcoin-qt and wait for the whole chain to download just to send a couple of coins. Wonder what will they do in 3 years when this will only be viable for servers. |
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