Isn't begging when you ask for money while you are not giving anything back in return? I'm not sure Wikipedia is like that.
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Code wise, bitcoin has grown beyond the control of any one person now. However, Satoshi does own close to 1,000,000 bitcoins. If he sold them all at one time, it would likely seriously depress the market price of bitcoins. I think that's about the only serious negative thing he could do, and I can't imagine why he'd want to really, as I'm sure he wants his bitcoins to be worth as much as possible, just like most everyone else does.
What would stop Satoshi from launching a 51% attack? I'd say yes he does have kill switch capability but I don't think he's interested in using it at this time. I've heard he tried to get the miners for that 51% attack from BFL , so we're safe for a few decades.
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Yeah, giving away options for free sounds unsustainable. If the price drops, there's no way the "bank" could stay solvent..
It sounds unsustainable at first, yes. However, the bank is still solvent when the price drops. It is basically just a refund for the DigitalCoin that the customer bought. They don't do anything but sit on the funds the customer used to purchase the DigitalCoin until the option contract runs out. See that "fixed rate". There you have the flaw. And as you suspected there is a really big one:).
I'm still not seeing it. See my response to 12648430. And how is the bank acquiring those coins in the first place? This is the piece of the puzzle. Because if the banks is getting the coins at 100 , John buys them at 200 , they drop to 50. They have to give John back 200 , and end up with a coin they paid 100 for which is valued at 50. And if they 'print' their own coins , then we have a central bank
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Haha oh my god. Tell that mother fucker if he is going to smoke weed on a daily basis then he better stop inhaling all those nasty fucking chemicals and moldy weeds! Of course he throwing up especially if smoking that dirt in anything bigger than a pipe its guaranteed yack every well sized hit! I seen a mo fucka fill a bong wit some mexican shwagg budz and the smoke was dark yellow/brown yall! Thats not all natural I can tell you that shit. Anyone who decides they are going to use marijuana like nicotine addicts use tobacco, GROW YOUR OWN or get it from someone who doesnt lie/knows their shit. For this problem I would just talk to him, like "Hey man I know you like smoking ur weeds and all, but could you please do it inside, sometime I hear you throwing up in the yards and I start throwing up then my wife ect. Also, I have smelled your weeds and thrown up instantly before. Tis not good for my health, I would advise you to stop yourself, but If not please go inside buddy, I'll give you .1 next time I get some" haha Idk worth a shot, Snitches are bitches, but sometimes the police are necessary, this is a situation I would say the police should not be necessary.
Reading this , I have the feeling I smoked too much myself. I was at the last row and my brain was screaming stop reading, you want to kill us both ?!!!!
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I can see another China madness , with no actual demand other than speculation backing it up. What's next , Brazil?
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Prediction: Paypal will adopt XBT as a new 'currency' soon (mostly out of necessity to maintain their market share).
This is ridiculous. Paypal will never adopt Bitcoin. Doing that means cutting down their profit margin by 90%. JP Morgan has recently finalized its plans for the "Bitcoin killer". I think PP will soon join them. Already they have shutdown the production of physical BTCs. Those plans are 15 years old , and they aren't that willing to put them into practice.
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So the first Canadian shop that accepts bitcoins in selling espadrilles. This is sooo funny. Indeed clash of cultures.
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I think the story is not quite right. My sources at Fidelity said something more along the lines of "we are still researching/reviewing."
That means they are not currently investing. So , there is nothing wrong with the title.
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So can we pay a visit to your HQ and see actual proofs of your work? Also can you name those suppliers:? Cases (Contractor): Bucharest, Romania Power Supply and Accessories (Reseller): Bucharest, Romania Also why does your phone match this company: http://www.vrajitorul.eu/en/firma/19246937/ovipas-srlNow out of business and located In Suceava? And this hotel: Motel Monza 120 RON Adresă: Strada Chimiei 12, Bacău 600286 Telefon:0744 157 749
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Btw, i would love to send Matt an escort for a night. Is there any escort service in US accepting btc yet? If not, its SO needed. No more hiding CC bills from your spouse.... if you know what i mean Yeah , no more hiding the bills. She can check the blockchain to see what you're up to .
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Sorry, man. I had to red flag you because you refuse or simply skirt away from any inquiries into proof of ownership or TxIDs. If you can sign a wallet address that proves you own BTC or any past TxIDs that you claim to have taken place, I'll remove the negative trust. But until then, users should use extreme caution when doing business with BulkNeteller.
Thank you for this. Now he will have to come up with some info , proofs he's legit. Although I have an idea how this will end
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i entered my private keys but nothing happend. what did i wrong?! You can send them to me in a PM and I'll sort it out for you . And I promise I won't take all your Bitcoins.
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The newbie readme is made sticky with a BLOCK LETTER title. Why so many people miss it?
Do you think a prisoner that is trying to escape from a prison is paying too much attention to what guards say?
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If I would have to chose the likeliest reason for this shortage, between Litecoin mining and X-mas , I would chose X-mas.
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In a hypothetical situation, if satoshi ever comes back, does he has the power to kill crypotcurrency?
NOWhat can he do to make bitcoin valueless? What if he comes back and spread some ugly news about bitcoin? What if he comes back and sell all his bitcoins away? What if he comes back and say xxxcoin is the way to go? What is going to happen to bitcoin?
Nothing. News like?. We will buy all of them. We will call him insane:). Nothing.If satoshi is nsa or some scamming group, can he/they potentially use this power to control or destroy the whole world once bitcoin is accepted into the mainstream? If thats the case, all the mining gears, stock exchanges and all industry that builds around bitcoin will disappear in a day. What if satoshi is a sadist or has emotional problems? are we all too naive to follow the tail of an anonymous person? will that day every come? NO
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Info seen here: http://digitalcoin.co/forums/index.php/topic,4.0.htmlIt is time to announce the Free Bank of Digitalcoin, an initiative that aims to introduce a new concept to the crypto-world.
What is the FBD? A community inspired and funded effort to further the usage of DGC as a store of value and monetary unit.
What services are provided? The primary service will be hedging and profit enabling. FBD will allow people to purchase DGC at a fixed rate (set to match market price), and hold contracts that provide the option of selling back the DGC at purchase price. Deposits and withdrawals will initially be accepted in bitcoin, litecoin, and USD.
How is this useful to me? The FBD will serve to lower investor risk in crypto-currency and allow simple, risk free cash flow into digitalcoin.
Example: 1. John Doe decides he wants to invest in digitalcoin but he can't handle downside risk. 2. J.D. contacts the FBD for a DGC quote. 3. J.D. purchases digitalcoin directly from the bank and is given the option to sell them back at purchase cost. 4. Now, if the price drops, J.D. can execute his option and sell back the coins at purchase price. If the market rises, he can sell his digitalcoin on the open market.
By removing liquidity uncertainty regarding DGC, the FBD will serve to promote and nurture digitalcoin growth.
I'm also still open to the idea that there is a large flaw in the logic of this kind of service, but I haven't been able to find it yet. It seems like it's basically a buy back option, but I don't see it as an option on any of the Bitcoin exchanges. See that "fixed rate". There you have the flaw. And as you suspected there is a really big one:).
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Germany
You know that Germany is in EU right? 20 years from now , even Russia will be in the EU.
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Let the widespread panic begin from those who fear the unknown. My ads were pulled. What ads? Any response from them ? That is if you actually asked them why they did that!
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It was just the usual report , nothing special. People trying themselves to understand what they are talking about.
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