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Stupid challenge, because i take cold shower every day. |
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Dumbass question  What if in future, for example in year 2100, the bitcoin will be used by everyone.Working for bitcoins shopping for bitcoins,paying bills,etc.. So if an worker will work for 0.00100000 Satoshi/month, his employer will pay 0.00020000 Satoshi blockchain tax. This is 20% tranzaction fee. Is an huge tax and will ruin economy.And people with big tranzactions means very rich people will pay an infirm amount.. Can this be changed in bitcoin protocol if is needed? What do you think about international market, country will take a huge part of btc market then. After that Satoshi wallet will look like Bill Gates 7-10 years ago, so only 1 very rich man.  |
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Yes you can, but always people use international exchanges. |
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Bitcoin 2.0 is quite different from 'altcoins'. Shouldn't this forum have a category 'Bitcoin 2.0' for all those projects? It is VERY hard to find posts related to the Bitcoin 2.0 concept as they forever lost in the trash that is 'Altcoins'. What gives?
C'mon Theymos - organize the site in a way which is most useful to the readers. Maybe the management here has something against Bitcoin 2.0 world? Weird.
Good idea to add section of btc2.0 to that forum. Can you give some information about btc2.0?  |
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So, do you think Satoshi will ever spend his bitcoins?
You can only answer with Yes or No on the poll. Got it?
This is going to be very interesting to see the results.
The reason there isn't a "maybe" is so that we can get a definite answer.
[/quote/]
Yes, i think he is spending some btc, but may be he do some fiction transactions. |
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 A small consolidation wave in the Bitcoin space continues as bigger, better-funded companies scoop up teams of talented designers and engineers. Coinbase, the Andreessen Horowitz-backed Bitcoin wallet and merchant processing company, completed another talent acquisition today with the purchase of Blockr.io. Blockr.io is a popular explorer for the Blockchain, or the distributed public ledger that keeps track of Bitcoin transactions. “We primarily wanted it because they were really talented,” said Coinbase CEO Brian Armstrong. Two members of the Blockr.io team, a designer named Samo Drole and an engineer named Sašo Matejina, recently relocated to the U.S. from Slovenia. Both are joining Coinbase with the acquisition. (To note, Slovenia is also where one of the world’s most prominent Bitcoin exchanges, Bitstamp, came from.) Armstrong said that they’ll keep the service running and possibly re-brand it under Coinbase. Again, this deal was primarily for the talent, not for the product, so Drole and Matejina will probably work on other projects. They had bootstrapped Blockr.io, which was a side project. “I kind of view the block explorer as a commoditized thing. It will stay out there and largely remain free,” Armstrong said. Coinbase, which now has 40 full-time employees, recently passed around 1.6 million wallets and 35,000 merchants on the platform. They recently closed a few big brands including Overstock and Wikipedia, which are now processing Bitcoin transactions using Coinbase. Good news, i'll hope that this trade will be good for btc dev. |
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I saw in a recent thread about how it would take forever to get bitcoin to be accepted at the pumps of gas stations due to most pumps not having internet access. It got me thinking, what if instead of a bitcoin credit card styled solution, there was a QR code at the pump with a wallet address, sending BTC to that QR through your wallet address would notify a server inside the store and turn the pump on for the amount of bitcoin you sent?
What if you wanted to pump until your gas was full, would there be a way for the pump to check the amount available before you pumped, so that it could pull it afterward?
May be, i'm afraid. But i don't think, that it is so serrios problem. |
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It's good, that more and more companies is starting use btc. Real good, thatnks. May be paypal will join. |
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Ah, the days of the block erupter, were you didn't have to worry about your electric bill and you could just simply mine.  It was so long time ago, can you to remember me how does it work?? |
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Good news, thanks. I'll check this blog. |
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Why? Maybe then the developers and the community heads will wakeup and find ways to improve things. Dell has started to accept it and we are still suffering for immature problems. The fact that these exchanges can have such widespread effects is appalling. Imagine if I sell 200k bars of chocolate at a cut price in a matter of a few minutes to lots of people then all these other chocolate sellers do the same because I did it! How stupid would that be?? Imagine if bars of chocolate were sold on exchanges? It would be ridiculous. We need systems in place to stop this stupidity. This is not how things should be working. It doesn't reflect the desires of the majority of holders at all. How can you make the price dependent on what a few do? Exchange programmers need a clever solution in mind to sort this out.
I hope BTC sinks further so that these guys wake up and change their algorithms.
But you aren't right. We can't to compare chocolate and cryptocoins, look like a fake. Yes, developers can to make it better, but you can't to see all problems. |
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This topic just get hot recently
After several Chinese exchanges opened the option to do leveraged trading, many doubted that they can essentially create many bitcoins out of thin air based on fractional reserve principal, then they could use those coins to short the market and squeeze out many traders to get real coins in their hand
Of course, they can also create fictional fiat money to push up the price by many folds using the same practice, most possibly MTGOX has already done that and that is the main reason the exchange rate fluctuated so dramatically before
So what is your opinion about this? Even if you auditing an exchange and make sure their cold storage contains 50K coins, it does not stop them from creating 500K coins sell pressure using a fractional reserve ratio of 10%
I think that is real. Look at the fiats market, USA's credit, and other economics global credits with fictional fiats. After that btc fictional credit story look like a joke. |
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I really want to ;Dknow about that.
Check different wallet, for different wallet different maximum. I hear is about 13 millions limmit. |
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About Global Payments Global Payments Inc. is one of the largest worldwide providers of payment solutions for merchants, value added resellers, enterprise software providers, financial institutions, government agencies, multi-national corporations and independent sales organizations located throughout North America, South America, Europe and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of solutions and services for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. Visit www.globalpaymentsinc.com for more information about the company and its services. http://www.cnbc.com/id/101898588Going to the moonIs real good news after mtgox crached. I hope, that another banks will believe in btc trasactions. |
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I'm curious about how many Bitcoins are effectively dead (i.e., lost private keys, owner dies, etc.). I imagine it is more than 10% of all coins. It will happen less and less, but with so many people who mined when they were worth next to nothing, I would think most of the early Bitcoins died. What do you think?
3-8% i think is lost, 10% so much. Most lost was on mtgox, by freezing accounts. Look on the fiats, people always lost that, more than btc. So you can to mind about that. |
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What do you think what would happen if Russia and China would ban bitcoin? Cause its really could be.
China: I think, that ban btc in China not to be serious, becouse Chines btc users wanted to do physical btc coins. Ban in China will be not good for community. Russia: Already baned, community don't lose much more then China. |
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Source : http://www.ahametals.com/useful-bitcoin-data-resources/The emergence of bitcoin is just one more signal that society has fully moved into the digital age. Technology has changed the way that we do just about everything in our lives, including the ways we consume data and information. bitcoin data 630x345 The 9 Most Useful Bitcoin Data Resources The days of pencil-pushing to gather and analyse data are numbered if not vanished, and new tools have made gathering, sorting, analysing and visualising enormous amounts of data easier than ever. Bitcoin, of course, lends itself perfectly to these quantitatively-focused metric tools. Few things about the digital currency are subjective, and even though nobody knows for certain what drives bitcoin’s price changes, plenty of people have tried their hand at using technical analysis to predict price trends. Luckily for us, there’s no shortage of companies working with data to paint a picture of the ever-changing bitcoin ecosystem. These websites provide information on pricing, trading, market capitalisations, blockchain statistics and more. Here are nine of the most helpful bitcoin data resources: 1. Coinometrics Coinometrics prides itself on its “institutional-level bitcoin data and research”, and the company’s analyses of volatility, price dispersion and currency flows have a refreshingly proprietary feel. 2. Coinmap For bitcoiners eager to spend their BTC at brick-and-mortar businesses, Coinmap is a godsend. The site has a minimalist design, but is well populated with information on hundreds of retailers that accept bitcoin at their physical store locations.
3. Blockchain.info Perhaps the most well known resource for analysing the block chain, Blockchain.infohas basic information on a number of metrics like market capitalisation, transaction volume, hash rate and more. In addition to these stats, users can look up every bitcoin transaction on the block chain by searching a bitcoin address to trace where the coins came from and how much BTC is stored at any particular wallet address. 4. Bitcoincharts.com A user favorite for pricing information, bitcoincharts.com offers a comprehensive look at the digital currency network, with a focus on technical analysis of price trends. The site offers a number of customisations for viewing price charts, and the long term view offers a nice perspective on the currency’s price history. 5. CoinMarketCap Bitcoin isn’t the only player in the digital currency space. There are a number of altcoins gathering momentum in the industry, and while none rival bitcoin’s $7.7bn market cap, CoinMarketCap keeps an up-to-date record of the market capitalisation of some 462 digital currencies. 6. Bitnodes Bitnodes is in development for a very specific pupose: to estimate and visualise the size of the bitcoin network. Powered by the Bitcoin Foundation, the site’s tools gather data on all the nodes running the bitcoin protocol version 70001. 7. Wizbit For those yearning for a more visually focused analysis of bitcoin transactions, Wizbitfits the bill perfectly. The site shows all transactions and newly mined blocks in realtime on an eye-catching spinning globe. 8. Blockr.io Blockr.io is another block chain-focused site that offers data on the block chains of currencies like bitcoin, litecoin, peercoin and more. The site’s “block explorer” has plenty of data on recent blocks, block difficulty, and estimates of future block difficulty, among other things. 9. CoinDesk Of course we’re inclined to point out that CoinDesk is not only the world leader in bitcoin news, but also an industry-leading source for data and information on topics like price, venture capital investments and a number of bitcoin network statistics. Our bitcoin ATM map recently launched as a tool to visualize the ever-growing number of bitcoin ATMs around the world and to provide information for those looking to find a bitcoin ATM nearby. Everyone who is using btc know about coindesk, but it's good review. Thanks. Do you know another good crypto portals?? |
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They all times upgrade btc. I think they can to fix all problems.
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Hi - Tried to send $0.24 worth of bitcoin and this pops up:  Is this what they mean when they say Bitcoin can never be used for micro transactions? Is this one of the 10 million things the Bitcoin dev team should have fixed 12 months ago, but has slated for "some time in the next 5 years" instead ? Meanwhile the entire financial industry sees Bitcoin as having major flaws and never incorporates it. And we never go ot the moon, because a bunch of developers have decided "we dont need that fixed right now. we'll do it later" ? Or is this something else? -B- Does that mean, that microtransactions will be fixed by btcdev team??? I think, that it's one of the benefit of cryptocoins. |
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