This is the elephant in the room no one likes to discuss, alot is made about ghash gaining control of 51% of the hash rate, but what about the elite few who actually own all the Bitcoins? Are we not equally at their mercy as the big mining pools?
We are. They can, if they choose, drop down price to whatever level they want (by selling huge quantities of BTC on open market). But, doing so would damage "them" more than it would damage "us", so it's kinda self healing / reapiring system. Not many are willing to commit economic suicide "just for funs". |
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I use Multibit...i dont have much BTC so i don't need to worry about security toomuch. Once it get's serious it's moving to cold storage anyway....
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Možda bude povoljnija cena za amere, ali zato će morati platiti porez državi pa čekati jedno 5 godina da se investicija isplati.
Jesi siguran da porez placaju odmah? Ako se ne varam, porez placaju tek kad pretvore to sto imaju u fiat... Il je tu ona kvaka...dio administraije gleda BTC kao lovu, a dio kao asset...pa placas i ovako i onako? |
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Za amere, kupnja Bitcoina od FBI-a je jedna od najboljih mogucih kupnji!
Em ce ga dobit ispod cijene marketa, em nema bolje "izvora" BTC-a (za Amere) na svijetu. KAd ih bilo koja institucija / banka / organizacija, pita "a od kud vam toliko asseta" (bilo da se radi o prodaji pa ih pitaju za lovu, bilo nesto drugo povezano uz taj BTC) oni ce samo rec: "od FBI-a". I tu je kraj bilo kakvim upitima i neugodnostima.
Ono, mogu te jebat za majnanje: "A od kud ste kupili hardver, a kakv hardver a ovo a ono", mogu te jebat za kupnju preko neke strane burze: "A gdje je burza, a kako je lova dosla od vamo do tamo, a ovo a ono...". Za FBI BTC nece biti niti jednog jedinog upita. BTC je od FBI-a, tocka stop.
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Bitcoin protocol needs to be changed so noone never can get that much power again. It can be done. You can limit amount of blocks one entity can get in a row, you can change many, many things to prevent people from getting all into one basket.
Question is...why devs didint already change it?
Because you can't. It's anonymous. You can not tell who actually mined a block. It would be easy for one pool to make itself look like five pools with 10% each but still being the one 50% pool. Of course it CAN be done. They can, if they wanted, force only p2p pools (which ar enothing like ghash and rest of em). They can do all sorts of changes to prevent massing of hash under control of 1 entity and they can do much muhc more. There are examples in other alt coins but hey...if it's easyer for you to think this way, who am i to break your dreams.... |
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Is he concerned about a design flaw within Bitcoin or a design flaw with the open source project system?
ACH/EFT has had numerous attacks against it and numerous design flaws. The responsible team discovers the problem and corrects it, no big deal. That's what needs to happen with the design flaws within Bitcoin. The problem isn't that Bitcoin has a basic design flaw it's that no one is fixing it.
Solutions are already being talked about. http://www.reddit.com/r/Bitcoin/comments/282j4m/petamine_1150_ths_is_considering_joining_p2pool/P2Pool with a subsidy provided by the greater community (I'd throw them a couple coins a year) would do wonders. It could very easily become the most profitable place to mine if the community made it so. I'm anticipating this being the scenario in the not too distant future. I've been reading this 51% attack crap since early 2011 and it isn't fixed yet. Why? Is it because back then it was just Tycho, Slush, Eleuthria, Graet, LukeJr and a few others. They are all swell guys and would never hurt the network, right? Well, that's the thinking of a child's mind. You don't let a major issue sit unsolved for over three years where money is involved. I read a thread once where Gavin was talking to etotheipi and rambling on about prioritizing issues because he could only handle so much at a time. Tough shit. You can't handle the workload then get more people. Bitcoin is no longer here just to intellectually stimulate a select group of developers. It's real money we're talking about. You would think that the foundation might spend some of that money it's built up on more programmers. I'm sure there are lots of extremely talented people in the world who would love a chance to work on a challenging project like bitcoin. I don't even think it's about willing bodies to do the job. The ego of a control freak has stifled development for years now. I assumed when Gavin stepped down things would change but I guess I was wrong. I was hoping Wladimir would be more open to radically altering Bitcoin for the better. Especially since he's a damn good coder and the author of Dropship (effectively hacking Dropbox's servers). I guess I was wrong. Their going to sit on major necessary changes forever. Thing is, major changes are affecting current mining system and, sorry to break your dream, but hardware companyies are way too deep into BTC development and as long as they have paws on bitcoin devs, nothing that could affect mining will change. Only way i can see a change is something bad happening, so that devs have no more room for bullshiting like : "community will regulate itself" or "ASIC's are protectors of network" and are forced to change stuff they should have changed LONG time ago (protection of network on software level etc.) |
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This isn't paypal trying to "integrate" Bitcoin, it's paypal assessing the THREAT of Bitcoin.
Paypal is an awfully greedy company, we shouldn't be trying to get Bitcoin involved with Paypal, we should be lobbying to get eBay to adopt Bitcoin and/or integrate with a reputable service like Coinbase so we no longer need paypal for eBay.
You my friend have no idea how is PayPal working or how are they making money. Bitcoin is no threat to PayPal AT ALL. Bitcoin is possible tool that they can use to earn even more money! Only question in their mins is: "How spread it is, and do our customers use it and does it pays off to get trough HELL of administration to enable usage of it trough our service". And last part is what's hlding em back (administration). Once laws get in place, they will jump on it like teenage boy would jump on porn star. |
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Cc... Zna, baba Vanda.  LOL . To niko ne moze da "ZNA" moze samo da predpostavlja . Npr ja msm da hoce dok se FBI ne otarasi ovih coina ako uopste ikad i izadju na berzu. A posle toga TO THE MOON! Kakva baba Vanda....ona je goli kurac prema Vidovitom Milanu...treba covjeka nazvat i pitat! No iskreno...mozemo ocekivati svasta do prodaje FBI novcica....spekulacije su trenutno lude na stotu! Ne moze tih koliko , 170k novcica da sjebe cenu nesto nenormalno mozda za 20% i to ce brzo da se oporavi. Ali moj savet je , NE kupujte coine od FBI , trazice vam , sve licne podatke, hobije, poroke, broj cipela , navike, razmisljanje , pravo na zivot .... Pa tek onda dobijes coine. o svakome kome odu coini, a naravno neces moci anonimno da ih kupis, znace svaki malecki detalj . 3 do 5 tisuca novcica skine cijenu za 50 do 100$ (zavisi od toga kolka je dubina marketa). Sto mislis kliko bi 170 tisuca novcica skinulo cijenu? Naravno..sto ides nize to ti treba vise novcica, al vjeruj mi...kad bi oni to prodali sve od jednom na nekom od marketa, nastala bi takva panika da bi sve puklo dole negdje do 100.... I da..oporavilo bi se...al ono...sigurno bi puklo dole vrlo nisko a oporavak bi trajao malo duze nego inace....nikako ugodna stvar. |
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You can't trust humans or human nature - that's the whole damn point of Bitcoin. We don't trust CENTRAL BANKS so why the hell would we trust GHASH.IO ??!!
they need to be SHUT DOWN AND DISMANTLED before they destroy Bitcoin.
No m8. It's not Ghas's fault. It's 1) miners fault for not moving hash power somewhere else, and b) bitcoin protocol that did not prevet that from hapening even tho it already happened before. Bitcoin protocol needs to be changed so noone never can get that much power again. It can be done. You can limit amount of blocks one entity can get in a row, you can change many, many things to prevent people from getting all into one basket. Question is...why devs didint already change it? Whole point of Bitcoin is that you don't need to trust anyone, and devs say: "we wont change anything as we thing that community will fix itself" ie "trust into community". Well...ain't that kinda contradictory. Dont trust anyone but trust community? It wont work that way...you just cant trust people! If you could, we would not need BTC....fiat would be working w/o problems, bank wouldnt steal and print like crazy etc. |
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Cc... Zna, baba Vanda. LOL . To niko ne moze da "ZNA" moze samo da predpostavlja . Npr ja msm da hoce dok se FBI ne otarasi ovih coina ako uopste ikad i izadju na berzu. A posle toga TO THE MOON! Kakva baba Vanda....ona je goli kurac prema Vidovitom Milanu...treba covjeka nazvat i pitat! No iskreno...mozemo ocekivati svasta do prodaje FBI novcica....spekulacije su trenutno lude na stotu! |
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Ja bi to ovako diff ide 1000 puta dole isto tako i nagrada po bloku ide 1000 puta dole i u sami bitcoin klijent implementirano pool majnanje tako da i ti i susida imate svoj nod na kojem majnate i netrebate pool, e da i saftey trigger isti nod nemoze iduca 3 bloka sudjelovat u majnanju. GG
Ma ima stvarno hrpa prijedloga. Problem je sto devovi nece mrdnut malim prstom sve dok se ne desi veliko sranj i cijeli projekt dodje pod upitnik. A zasto nece dignut mali prst? Jer ova trenutna situacija pase ljudima koji ih placaju....Proizvodjacima ASIC-a Jbg...nije lako priznati tako nesto...ja sam osobno "zaljubljen" u originalnu ideju Bitcoina. No ona je dolaskom ASIC-a umrla....u najbolju ruku, temeljno se promjenila. Od dolaska ASIC-a bitcoin majnanje je u spirali centralizacije. Krenula se vrtit ozbiljna lova na hardveru. Onda se bjedni dio love prebaci i lead devovima i to je to...prodali su onu originalnu ideju za saku dolara. Iskreno, za dugorocno stanje BTC-a, trebalo bi se desiti neko sranje STO PRIJE. Kako bi se izreagiralo i sredilo stvar. Sto duze ovakvo stanje traje: "bude community sam to izregulirao" to ce biti eze ista promjeniti u buducnost. |
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Eve Online.
Show me Multiplayer game where there are 2000 ppl battleing LIVE on SAME SERVER in one single huge space fight? No sharding, no spliting into "rooms" nothing...one huge single battlefield....2000+ ppl
Eve is TOP of the MP expirience.
After Eve even BF batles with tanks and planes and all that feel kinda small.
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Sig, and double it in one of good gambling sites  |
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Firefox. I tried Chrome, but something is bugging me there...i dont know. Maybe it's something deep inside me, knowing that it's Googles tool for spying on us...I dunno...i stick with Firefox even tho it's not fastest thing on planet earth...
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Answer to this topic is as same as: "Why ppl mine at Ghas even tho they know they could fuck up whole network".
In short: "People are greedy morons".
They do not care about thir own children, they do not care about anyone else, anywhere else....just themselves.
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not many businesses operate in this niche. they will come, i am sure. but for now, it's a new niche, and rolling out a million bitcoin ATMs would be a very expensive and risky.
Why would it be risky ? It would require large amount of money to produce ATM's and all that any country needs to do to shut them down is simple low level law. It wouldnt be risky for places where BTC is normal everyday stuff, but "whole world"....there are alot of undecided countries that can swing both ways. For ATM manufactureres, it would be like gabling 50%/50%...no business operates like that. |
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My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?
Depends from person to person. I created PayPal account only to protect my credit card data from bunch of users. I created skrill account only to cut my expenses in trading some Bitcoin (much lower fees than PayPal). So yes, i would if change is something i feel is worth it. 1$ is not worth it for sure...5$+? Who knows, depends on my mood in that moment. 10$+ sure, i would. So...bsicly, answer would be: "depends on how much that "something" costa and how much i would be able to save". I'm guessing, more expensive item is, better price i would get. |
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Nija bas skroz u pravu.
Svi zaboravljaju "luck" parametar u majnanju.
Naime, mogu oni imati i 40% pa ako im se zalomi, napraviti 6 blokova u 10 minuta. Ukoliko imaju spreman softwer u tom trenutku, eto ti double spendinga.
Isto tako, i sa 60%, ako nemas srece ce ti tu i tamo uletit neki pool i razjebat stvar.
Da...sansa da se to desi je manja kako raste postotak, i sve to, al kazem...nije to onako crno bijelo kako ljudi misle. "Jao vidi 50.01%!!! Gotovo je". Ne nije...nema razlike izmedju 49.99% i 50.01%
No da je problem velik to sigurno. Uvjek sam tvrdio i jos uvjek tvrdim, ASIC-i nisu nikakvi cuvari mreze. Mrezu se moze cuvati sa CPU-ovima + velikom kolicina full nodova jednako kao i sa svim ASICI-ima koje su do sada napravili ukoliko se protokol promjeni i zastiti. Takav, zasticeni protokol je daleko sigurnije i dugotrajnije rjesenje od ovoga sto sad imaju.
Trenutno imaju hrpu ASIC-a koji se zbog povecanja cijne sve vise i vise centraliziraju. Mali majneri ispadaju dok preostaju samo veliki. Kako vrijeme prolazi, preostat ce samo sacica najvecih, dok ce svi ostali samo gledati i molti se da netko ne napravi neku glupost. Ako oni (devovi) misle da ce se nakon nekog vremena sve to "izjednaciti" grdno se varaju.
To je kao da kazes: "oruzje i oklop ce postati podjednako ucinkoviti, i nitko nece imati prednost pa ce ljudi prestati ratovati". Sretno s tim.
No glavni problem je sto bi implementacija neceg takvog dovela do hard fork-a za koji oni nemaju muda, a i moguce je da bi unistila ASIC-e i sve povezane s njima, sto naravno ne dolazi u obzir. I tu smo gdje smo....mali zacarani krug koji se stvorio onog trena kad su odbili napraviti hard fork i ukloniti ASIC-e iz mreze (a to su mogli i trebali jos prije nego sto je prvi izasao na trziste). Jedna takva promjena bi bila dovoljna opomena svim buducim ulagacima u ASIC-e da samo bacaju milijone na istrazivanja, kad ce se protokol odmah promjeniti i oni ce imati cipove bez ikakve svrhe u koje su utukli hrpu novaca.
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GHASH has already stated that they will work on implimenting new features that will allow people who buy hash to point to a pool of their choosing. They are working to eliminate the fear that people have.
Very interesting. You got a link by chance? There was a post on their blog not so long ago about that. And that's totaly ok...i rent ghs and i tell where it will mine. That's how it should be from the start (i do understand that it wa snot needed so...) |
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I don't think the dev team views this as a problem that should be solved by technology and instead one that should be solved by the community.
First thing Bitcoin community learned me is : "never trust anyone" Secont thing is that bitcoin, as peer to peer, open source, whatnot is created so we dont need to trust anyone (central auth etc.). So basicly, if they are not fixing it and "trust that community will solve it" than that's like backstabbing yourself in the back. First you say: "Hey guys, look, ill give you tool that will enable you to control your own wealth w/o any central auth" and than few sentances after they say: "yes but you have to trust..." Sorry but that holds no credit with me. Almost every problem Bitcoin has, should be solved by software (changing protocol) not by hardware, or god forbid community. |
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