4. In what ways is æthereum different?
The initial distribution of coins in æthereum is different. If you are a bitcoin user, you can use your bitcoin private keys to claim a percentage of æther exactly equal to the percentage of the bitcoin market cap you controlled at the time of nucleus creation. This claiming process is trustless and decentralized and doesn't cost you anything.
Great, so exchanges will have a massive stake at no cost to them. Truly a great distribution mechanism.  I hope you plan on blacklisting addresses that hold over 10000 BTC. Per my earlier comment: Exchange owners could choose to either hold on to these new æthereum funds themselves or donate funds back to their users. Presumably, if this sort of thing becomes more common exchange owners will publish their stance on generated funds up front. Users could then choose the exchange with the friendlier policy. Of course, if you don't trust the exchange owners then you are strongly incentivized to keep funds under your own control. |
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Rewarding to bagholders having loads of bitcoins - SCAM
"Rewarding" bagholders... Oxymoron much? As compared to what... punishing bagholders further by diluting the value of their coins with an endless supply of new alt/scam coins? |
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Where do i get the wallet
There is no wallet yet. This is just a proposal/request for comment. Stay tuned for future developments though! |
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What about BTC I hold at an exchange? Would I need to move all my BTC to a personal BTC wallet before nucleus?
Yes, you would need to move all BTC to an address for which only you control the private key before the nucleus was initialized. In fact, any BTC you left on an exchange at that time would essentially be a donation of your share of æthereum to the exchange owners since they control the private keys for all exchange funds (cold storage and hot wallet). Exchange owners could choose to either hold on to these new æthereum funds themselves or donate funds back to their users. |
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I believe my proposal works for any possible alt coin. My proposal is simply a way to create a distribution of wealth equal to that of bitcoin in any new alt coin.
I think this is a fantastic proposal and would even be willing to help with the development effort. I look forward to future threads on this topic and will jump in as time allows. |
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Well, here is the report. Malwarebytes Anti-Malware www.malwarebytes.orgScan Date: 01/04/2014 Scan Time: 9:17:54 PM Logfile: Administrator: Yes ... Processes: 1 Trojan.MSIL, C:\Users\Damien\AppData\Roaming\Adobe\AdobeUpdate.exe, 2644, , [ba7479ac88f3df57e729af99629fc040] It appears likely that you have a Trojan/Malware on your computer posing as AdobeUpdate. http://www.virusradar.com/en/MSIL_BattleBot.A/descriptionThis was very likely used by a remote intruder to take a copy of your wallet file(s) and to run a keylogger that captured your password. |
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up or down?
Maybe neither...
I think it will go up over $1000 within the next 2 weeks. We now know that Dubai will have 400 BTC ATM within 2 weeks. Also Australia will have 100 BTC ATM in the next few months. Now it is going main stream. And a lot of rich people in Dubai will be buying a lot of BTC. So the demand will be high and the price is going to go up. Regarding 400 BTC ATMs in Dubai.... http://www.coindesk.com/ded-officials-debunk-bitcoin-atm-speculation-dubai/ |
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Pitty he didn't provide a digital signature with that post. |
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How about you do all the work for us sellers and we'll just buy up whatever you sell ok? How's that? What do you say stupid? Thanks for the cheap coins stupid. Buyers don't care, they snap the cheap coins right up. The sellers do all the hard work selling their bitcoins for cheap. http://www.youtube.com/watch?v=4r7wHMg5Yjg&t=01m55s |
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Sad but true. MtGox support reps tweeted they got laid off. Thus ended the sordid affairs of MtGox.
Oh I'm sure the lawsuits will go on for years. MtGox: truly legendary. |
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It's still here: Looking to make 0.5 BTC bets: My take - Mt Gox will restore and withdrawls before Tuesday the 18th 12 PM Eastern.
Your take - Mt Gox does not restore withdrawals before Tuesday the 18th 12PM.
I have 3.5 BTC ready to go.
PM any questions
0.5 BTC bet accepted. Mt. Gox won't enable all withdrawals till feb 18 2014. Shake Accepted He has 3.5 BTC  You do know the process for reporting those who don't follow through on bets, don't you? Just post your evidence to: https://bitcointalk.org/index.php?board=83.0This will likely result in biafore's account being labelled as scammer. Bets are considered just as serious a transaction as any other market transaction here and this should be an open and shut case. |
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Issue still exists in 1.9.6, the opening of the default wallet fixed it.
Issue still exists in 1.9.7, the opening of the default wallet DID NOT fix it.
Any suggestions?
I'm having the same problem with 1.9.7. Yep still seeing this in 1.9.7. |
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Here's a question. My Mycellium wallet received some of these Enjoy/Sochi spam/dust transactions for 1 satoshi each that have been going around. However, not enough fees were included in these transactions so they will likely never confirm. http://www.reddit.com/r/Bitcoin/comments/1xin5m/suspicious_lots_of_bitcoin_wallets_just_received/If I now send an outgoing transaction from my wallet, is Mycellium smart enough to not use inputs from these unconfirmed transactions? If not then we have a denial-of-service problem because I will have generated a transaction that will be stuck and also unconfirmed. This is exactly the behavior I saw happen in my Electrum wallet today as well (which did try to spend the input from these spam/unconfirmed transactions) and it sounds like their developers will be fixing it. |
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LOL... IKR? Someone is sounding butt hurt and a little too eager to slam Bitfinex and shill for BTC-E. Bitfinex is far from perfect but at least they seem to be working hard to improve things over time. I personally only trust BTC-E for straight unleveraged trades and nothing more. |
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This is where the finance world can really cash in on this idea. Make it easy for Joe on the street to invest a little without worrying about encryption, paper wallets, 2FA, QR codes, etc.
And cash in they will, and they definitely won't be encouraging people to invest in bitcoins directly... http://www.youtube.com/watch?v=wcL-fFEeXWoRelevant section: http://www.youtube.com/watch?v=wcL-fFEeXWo#t=31m20s"What that means is you shouldn't bet the farm on Bitcoin because you don't need to!" In subsequent videos I believe they propose selling you materials that will teach you "How to Trade Bitcoin!". Who makes more profit in that scenario? ;-) |
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Mining server software was updated and appears to be running very well.  Not for me apparently... just started timing out on connection: root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Network is unreachable
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~# telnet mint.bitminter.com 3333
telnet: can't connect to remote host (192.31.187.114): Connection timed out
root@OpenWrt:~# |
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Here's to hoping the 4 to 1 leverage gets brought back soon
Here's to hoping they significantly expand the insurance fund used by liquidity providers if they decide to bring back 4 to 1 leverage. |
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do any of you guys lend bitcoins out?
how is the return?
what can i expect if i lend out 10 bitcoins for 30days? it says .005% a day so that is 1.15% over 30days or
10btc --> 11.5 btc in 30 days at .005% per day correct?
Your math is off by an order of magnitude: 10 BTC @.005% per day is: 1% = .01 so 0.005% = .00005 10 * .00005 = 0.0005 BTC per day * 30 = 0.015 BTC per month But actually it will be slightly less due to fees 10% of interest (or 30% if you take the insurance option). |
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