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81  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: January 10, 2018, 05:06:40 PM
I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.

Or they may just mint their own cryptocurrencies
82  Bitcoin / Bitcoin Discussion / Re: Finally, Bitcoin is a Crime in our Country. on: January 10, 2018, 05:00:16 PM
And the wait is officially over!  The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail!

What should we do now, Guys?  Cry



I'd guess talking to your local political representative might be a valid step normally, but I see that the central bank in Bangladesh went as far as to request citizens not to “spread information about it.” so you are not even supposed to tell anyone.

http://bitcoinist.com/bitcoin-still-illegal-six-countries/
83  Other / Off-topic / Re: Is bitcoin dangerous ? on: January 10, 2018, 04:48:32 PM
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

There is an old saying attributed to Benjamin Frankin that "Nothing is certain but death and taxes". Bitcoin doesn't do anything for the risk of the former but governments are concerned that it bypasses the latter. It won't make you popular, but if you can tax them that will make governments much more amenable to them.
84  Local / Ελληνικά (Greek) / Re: Χρόνος αναμονής για απαντήσεις απο support on: January 10, 2018, 08:40:39 AM
Γενικά μπήκε πάρα πολύς κόσμος τον τελευταίο καιρό και δεν μπόρεσαν να ανταπεξέλθουν οι πλατφόρμες. Συνεπώς θα πρότεινα να μην κρίνουμε με βάση τη συγκεκριμένη περίοδο. Τώρα ενισχύονται και σύντομα θα λειτουργούν πολύ αποδοτικότερα.
85  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Transaction unconfirmed for 4 days with a high fee! on: January 09, 2018, 09:18:57 PM
There is currently a huge congestion in BTC payments. The network is flooded and the transaction costs go up (supply and demand). You could check before making a transaction here:

https://blockchain.info/unconfirmed-transactions
86  Other / Off-topic / Re: Satoshi Nakamoto: found him! on: January 09, 2018, 07:28:52 PM
LOL couldn't resist sorry.



Don't tell me - you searched https://archive.org for Satoshi Nakamoto for the dates before the famous paper  Grin
87  Bitcoin / Bitcoin Discussion / Re: Harvard Professors Predict Bitcoin Collapse Due to Government Regulation on: January 09, 2018, 07:19:01 PM
How govts would do that? Will police visit every home across the world searching for mining software and check every USB stick and pice of paper after cold wallets Smiley? How they are planning to deal with decentralized exchanges?

Well the first thing they would do would be to just freeze all bank accounts (with all their money in them) that interacted with any cryptocurrency by sending or receiving funds. That would isolate cryptocurrencies.

Remember how while Thomas Gresham's Royal Exchange founded in England in 1571 brought immense financial wealth into a small country previously dependent on wool trading in many other countries (maybe all) financial regulation prevented the growth of industry and trade - for example many branded charging of any interest as usury.

So they may not think out the benefits before locking themselves out from them.
88  Bitcoin / Legal / Re: why bitcoin illegal in asia? on: January 09, 2018, 07:01:21 PM
bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks

I think there has been a concern about currency circulating without the government being able to tax it. A second concern would be the ability to move currency (and therefore wealth) out of the country without the government being able to control or restrict that.
89  Bitcoin / Project Development / Re: blockchain for car parts authenticity verification on: January 09, 2018, 06:32:09 PM
its a good idea but possibly open to fraud [which is exactly that your want to eliminate] because of the fact that you would be dealing with something physical!
in a seperate but king of related topic Bosch are doing something similar already with their odometer's ?
it looks like they and possibly other multinational giants are working away on blockchain and IOT
https://blog.bosch-si.com/blockchain/how-blockchain-can-help-to-prevent-odometer-fraud/

That's actually quite a cool application of blockchain. Could it be applied to monitor other mechanical wear or even automotive applications (oil changes, service history or wear life relating to engine revs). And how about tachographs? Smiley
90  Bitcoin / Development & Technical Discussion / Re: The Fastest, Smallest Distributed Ledgers on: November 28, 2017, 11:44:38 AM
What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?

There is a DAG technology (Directed Acyclic Graph), used, for example, in the IOTA crypto currency. It is based on graphs, there is no blockchain in the usual sense, but it allows you to store information in a distributed and rather compact way.

Thanks. DAG looks interesting - how parallel is it? Huh
91  Alternate cryptocurrencies / Mining (Altcoins) / Re: What do you think the chances of larger agencies corrupting crytocurrencies on: November 13, 2017, 03:04:37 PM
"fear based talk" - I guess I'm not a particularly panic based person so that doesn't worry me. I'm looking for a coolheaded assessment of the level of resources needed to undermine specific systems through a 51% attack. This calm approach allows us to think of solutions. So it's not "fear based" any more than any other cryptographic threat assessment is.
92  Alternate cryptocurrencies / Mining (Altcoins) / What do you think the chances of larger agencies corrupting crytocurrencies on: November 13, 2017, 02:23:49 PM
I'm specifically thinking that if you can afford the resources to be doing 51% of all the mining, you can subvert a blockchain. You might want to do this if you had currency exchange barriers and individuals where moving funds using cryptocurrencies. For example which governments or organizations could afford to do this? What might be the consequences?
93  Bitcoin / Development & Technical Discussion / The Fastest, Smallest Distributed Ledgers on: November 13, 2017, 01:21:31 PM
What would you say the fastest, smallest distributed ledgers are? How do they gain those advantages?
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