I would love to see what they talk about. Usually schools tend to add politics and ideology into everything, so maybe they have a certain interpretation of it.
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Without getting into bloat issues of Monero, or Darkcoin instamine, a PoW coin, if actually able to achieve anonymous transactions, is in a difficult position. Governments would regulate against it, and PoW mining data centers are large attack vectors to be legislated against or just taken over. Yea, they would be located in many countries, but governments seem to cooperate a lot on things like drugs, so they might cooperate on issues like this too. I guess you could say Bitcoin sort of faces this issue as well, but they haven't made any big moves against it yet.
On the other hand, and without getting into why PoS is making the big holders even bigger, PoS coins are not secure since Governments can achieve to hold 51% of coins by using some gag orders on the exchanges without anyone ever realizing. I wouldn't touch DRK with a stick. Nodes can be attacked easily by an adversary with the required resources, the initial instamine thing and the name... on the other hand Monero has ring signatures which I trust a lot more.
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So I'm thinking about getting into bitcoin trading and stuff, and I plan to begin storing my first bitcoins soon. I've read for this sense it is much safer to have Linux than for example Windows (as it is for a lot of other aspects aswell). Do you think is this really a thing to consider? Do I need to have tons of bitcoins before I get concerned about their safety? Should I consider switching to Linux if I'm storing just a few of them, or is it stupid?
Thanks erry'one in advance.
you don't need to switch to linux just because of bitcoin, there are other ways for securing your bitcoin like paper wallet or like thisbut linux is more secure and if you are willing to migrate from "familiar" windows to a new environment then go for it, especially if the programs that you use day by day have also linux versions The problem is if you like videogames. I do and I also tend to use audio programs for music making. So If I want to use Linux I have to shut down and boot under Linux. Going through Win to Linux just for Bitcoin isnt worth it for me.
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In most EUR countries SEPA is the best and fastest option. Not as fast as BTC.. but at least within 24 hours the transaction should go through.
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The entire point of the difficulty is actually to keep the confirmation time at 10 minutes.
Confirmation time is 5 min in average. 10 minutes is the gap between blocks. I still don't see how this is a problem. People pay with credit cards all the time, credit card operations aren't confirmed automatically but people don't seem bothered by it. I would trust a pending BTC transaction 1000 times more than a credit card one.
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Apple? Right to privacy? http://bgr.com/2015/01/20/iphone-spyware-edward-snowden/“Edward never uses an iPhone; he’s got a simple phone,”Kucherena said. “The iPhone has special software that can activate itself without the owner having to press a button and gather information about him; that’s why on security grounds he refused to have this phone.” Tails and a shitty old phone is what Edward uses, but he is an extreme example, most people don't need that level of privacy.
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I`m holding, holding it so tight that I might let it go sometimes to gambling Technically we are all winners if you hold and forget about bitcoin then come back a year later lol. I've bought ducktape and covered myself on USB pendrives with my wallet so I don't even to hold it.
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Quite frankly, the Bitcoin infrastructure isn't ready for another big rally just now. But I think in 6 months this will be looking much more solid for a hard rally.
I also want to see how Bitcoin performs under a constant price without much volatility. A big ass rally will eventually happen so might as well stack up now.
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Free VideoCalls would help that country's people?
You can make free video calls with Mozilla Firefox. Back to banking, mobile banking can change your life if you were unbanked, but mobile banking will also bring credit. Good for the banks, not always good for the people. BTC is cleaner. Are you talking about the Hello thing? How safe is that? is it centralized somehow or pure p2p? i havent tested it yet. If it's pure p2p videocall it sounds great.
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Any 4 digit number, the higher the better.
Naw, bitcoin should be past or near 10K by 2025 if things go accordingly.
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Lack of transaction reversals How is this a bad thing? Bitcoins are not like credit cards, you don't have to give out sensitive data to make a transaction. I've heard of a dozen stories about merchants going out of business simply because of chargeback fraud, it is a problem that everyone seems to ignore. Imagine that you sell digital goods such as CD keys and some dude across the globe does a chargeback after he used the CD key, good luck getting your money. Well, if you buy something that then you don't end liking and what a refund, that's a problem.
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Like everything, this will pass. Keep your head up and make a great life for yourself. Best of luck man It passes indeed, but that itch of lossing on a train of a lifetime (investing before 2013 rally) is a really bad one.
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Bank of England has a good vision on the future, smart guys, others should learn.
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When im feeling down, I check the MACD on Bitstamp, if its green my depression goes away automatically.
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I think this is the least volatile period since the last bubble. Anyone agree?
No. It turns out that 7 hours after your post, there was a little "spike" from $230 to $250 But yeah, the rest of this week is so stable. That graph is pleasing to my brain.
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Damn, can't compete against such prediction. What the hell is that coin tho?
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I had a similar problem once and I was only able to solve it by using the "going to previous state" thing, I dont remember the exact term, like going at an older backup from a week ago, then re-installed the client and worked.
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The point is that decentralized asset exchanges already exist in some altcoins. This is at least one feature where Bitcoin sux. Can you elaborate? I'd say the idea of an asset exchange is to trade different kinds of assets (currencies, contracts, whatever) with strangers in a trustless way. What altcoin offers this possibility ...Nxt does. But no one likes the big stakeholder %, the way its innitially distributed and so on. I dont know, i dont see any other coin out doing BTC at this point.
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I see a lot of tipping in Youtube, its great because it brings attention and people start talking what is that? then learn about BTC that way.
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