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Economy / Speculation / Re: Kim Dotcom Predict 2000$ per Bitcoin ??!!
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on: August 16, 2016, 02:46:47 AM
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wait what exactly is the point of linking a file upload to a bitcoin transaction? to make sure it exists? idk seems pretty pointless to me
maybe the file uploader will get an address and will be rewarded bitcoin for every download to the address? i don't know what exactly but for me the main point is getting paid for uploading,i think it's the clue it is probably going to be a lot like the Joystream prototype that use micro-payment channels. It may be a distributed storage system where you will get paid per MByte for content that your node distributes and at the same time you run a wallet where you pay per MByte (to each of the other p2p nodes) for content you download. So your Bitcache wallet keeps a running total of how much content you are serving versus content you are consuming. Best answer yet ^^ |
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Economy / Speculation / Re: Kim Dotcom Predict 2000$ per Bitcoin ??!!
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on: August 15, 2016, 01:51:54 AM
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MegaUpload Statistics- Unique visitors: 82,764,913
- Page Views (in history): over 1,000,000,000
- Visitors per day: 50,000,000
- Reach: 4%
- Registered Members: 180,000,000
- Storage: 25 petabyte (25,000 terabyte)
- Once the 13th most visited site on the Internet
- According to Sandvine, MegaUpload accounted for 1% of total traffic on fixed access networks in North America
- In a proceeding before the High Court of New Zealand on 2 February 2012, Kim Dotcom stated that Megaupload was "hosting 12 billion unique files for over 100 million users."
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Other / Politics & Society / Re: Alleged Silk Road Operator ‘Roped Into’ U.S. Extradition
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on: August 13, 2016, 05:43:02 PM
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Libertas told the site administrator DPR that he had a sick pet and officials say on that same day through surveillance Davis was seen by authorities visiting a veterinarian
So the lesson for people at risk might be to never disclose personally identifiable information on the internet, and in fact to create legends that "prove" that you could not possibly be the person who was involved in a particular activity. Such as, "I have to take my Volkswagen in for an electrical problem", when you actually drive a BMW and it is running fine.
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Bitcoin / Bitcoin Discussion / Re: Why is Amazon.com still resisting the use of BTC for payment?
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on: August 13, 2016, 05:15:32 PM
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The major trend is for Bitcoin to become more widely used by businesses and people. The major trend is for Bitcoin to become less volatile. The giants like Amazon are sometimes reluctant to take a business risk, and they probably know that Bitcoin users already have conversion options into fiat currency. If there is a significant incentive for them to take a risk (such as a taxation change or adoption by a major competitor), they would be more likely to accept Bitcoin directly.
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Other / Off-topic / Re: Satoshi Nakamoto - Nationality
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on: August 12, 2016, 09:36:15 PM
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British or American
The Satoshi Nakamoto name was a deliberate subterfuge. The Briticisms could have also been a subterfuge, or they could have been real.
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Bitcoin / Bitcoin Discussion / Re: BitGo, Coinbase Vaut or Paper Wallet for secure long term storage
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on: August 12, 2016, 06:41:15 PM
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Paper wallets, but really just the private keys. That look something like this:
5Kb8kLf9zgWQnogidDA76MzPL6TsZZY36hWXMssSzNydYXYB9KF
But can be made to look like this:
5Kb8kL
f9zgWQno
gidDA7
6MzPL6T
sZZY36hWX
MssSzNyd
YXYB9KF
And practice restoring them, to make sure you know what you are doing.
So, you're suggesting what? Generate a priv key, and write it down rather than printing it on paper? I always wondered about those split paper wallets you can create too, but never understood exactly how they worked. No. I export the private key, change the formatting slightly, label it something else like "urine test results from lab", and print it. Then put it in a binder with medical documents. |
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Economy / Gambling discussion / Re: How do you know when to stop?
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on: August 12, 2016, 04:38:34 AM
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My method is to buy in for the maximum amount at a table, and quit when I am ahead. How much ahead? Anywhere from 10% to 100%. My winnings are seldom at risk, because I take them off the table when I leave. When I sit down to play again (hours later, or the next day) I once again buy in for the maximum amount at the table. This method works (usually) because I have a slight advantage against many of the players I play against. When I know (from experience) that someone is a much better player than I am, I avoid challenging them. I try to win from someone else. There is always someone dumber than I am, or drunk, or stoned, or more easily intimidated, or more impatient.
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Economy / Gambling discussion / Re: Gambling loopholes
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on: August 10, 2016, 04:03:34 AM
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In poker, the loopholes of each player are called leaks. - Against players who play too many hands, play fewer (better) hands
- Against players who play too few hands, raise them preflop to win the blinds from them
- Against players who never bluff, always believe them when they bet or raise
- Against players who bluff too much, call them.
It is actually easier to identify these players when playing internet poker, than it is when playing live poker. You can use your computer if you want to, or pencil and paper.. (from The Theory of Poker, by David Sklansky) Pluck the pebble from my hand, Grasshopper. |
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Economy / Speculation / Re: bitcoin is going down..
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on: August 09, 2016, 09:42:22 PM
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You are new at this.
well yahh i am ..thats y i am a junior member ..plz explain this in details if possible ..thank u There are fluctuations in the price of any publicly-traded commodity. It is always a jagged line.  |
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