Bitcoin Forum
May 22, 2024, 08:40:40 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 »
281  Bitcoin / Bitcoin Discussion / Re: Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:28:38 AM
are they trying to count how many BTC users or who are the BTC users?
"how many" is fine but "who is" that's a red flag to me if am to be asked

Well if everyone joins a Facebook group then everyone will be identifiable.

Uhhh so what? You scared? Something dirty going on??? Cheesy

Nobody will know the addresses you use anyway when you pay or receive money.
And I don't think everybody will join, an estimate will still be necessary, but I think that if the thing will run, it will get us to a much clearer number than with other methods.

Criminals will probably not join, and that's good Cheesy

So as dotthebeat said, btc users love their anonymity. How are you going to get accurate numbers if half the community will not participate?

Mhhhh ok, but I don't care, in example.
And I'll take that into account when estimating the real number.
I may make a poll on this forum and ask if the user would disclose his Bitcoin adoption or not.
282  Bitcoin / Bitcoin Discussion / Re: Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:27:26 AM
I don't know if this is allowed here, if not I'm sorry for it, just delete the thread.

Anyway, as I'm really curious on how many Bitcoin users are out there and it seems there's no reliable way to estimate it at the moment, I thought this could be a good try.
Quick, easy and inexpensive.
Just ask for subscription, spread the word, and let's see how many will join.

https://www.facebook.com/groups/1153361628014629/

Also, remember: the more we are, the more reputation Bitcoin gains... so it's in our interest to manage to make this estimate.

Just sent a join request. Btw, is it only made on the 31st of July? Only 51 members at the time of this writing. Also, not so much discussion happening yet.

Ye, I opened it couple days ago, and I only have 100+ friends and added the more open minded of them Cheesy
And only 2/3 of them interested in Bitcoin so of these 50 only these 2/3 remain as real Bitcoin users, but as it's at the beginning I think it's excused I'll try to gain as much attention as possible Cheesy

Well that's good, but I think linking the social media accounts of bitcoin users are not that inviting because you know, bitcoin users want anonymity and all that stuff--linking their social media accounts is actually against that concept. Btw, thanks for accepting my join request. Hope this goes smoothly as possible. Smiley

Mhhhh ok I'll try to see if it's possible to render this anonymous, but I think the fact you join the group doesn't affect your privacy settings in any way: if you are not friend of somebody, nothing will be more visible than your name and the other settings you made public.
If you join, people will only know that you have some BTC or you want very much to buy some, and the data you made public anyway.
283  Bitcoin / Bitcoin Discussion / Re: Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:21:23 AM
are they trying to count how many BTC users or who are the BTC users?
"how many" is fine but "who is" that's a red flag to me if am to be asked

Well if everyone joins a Facebook group then everyone will be identifiable.

Uhhh so what? You scared? Something dirty going on??? Cheesy

Nobody will know the addresses you use anyway when you pay or receive money.
And I don't think everybody will join, an estimate will still be necessary, but I think that if the thing will run, it will get us to a much clearer number than with other methods.

Criminals will probably not join, and that's good Cheesy
284  Bitcoin / Bitcoin Discussion / Re: Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:13:49 AM
https://www.facebook.com/bitcoinchart?ref=br_rs

https://www.facebook.com/pages/Bitcoin/133067610063481?ref=br_rs

There is two pages about bitcoin, one has over 100,000 likes and the other 20,000.

Thank you, but these are pages about Bitcoin itself.
There's plenty more around.
If I am a bitcoin user I don't necessarily want to subscribe to them as they can also keep publishing stuff I'm not really interested in.

My group is ONLY aimed at seeing how many we are.
I will write very very few posts in it.
This means, you join, it's a +1 in the number of users adopting bitcoin.
That's how I intend it.
285  Bitcoin / Bitcoin Discussion / Re: Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:11:12 AM
I don't know if this is allowed here, if not I'm sorry for it, just delete the thread.

Anyway, as I'm really curious on how many Bitcoin users are out there and it seems there's no reliable way to estimate it at the moment, I thought this could be a good try.
Quick, easy and inexpensive.
Just ask for subscription, spread the word, and let's see how many will join.

https://www.facebook.com/groups/1153361628014629/

Also, remember: the more we are, the more reputation Bitcoin gains... so it's in our interest to manage to make this estimate.

Just sent a join request. Btw, is it only made on the 31st of July? Only 51 members at the time of this writing. Also, not so much discussion happening yet.

Ye, I opened it couple days ago, and I only have 100+ friends and added the more open minded of them Cheesy
And only 2/3 of them interested in Bitcoin so of these 50 only these 2/3 remain as real Bitcoin users, but as it's at the beginning I think it's excused I'll try to gain as much attention as possible Cheesy
286  Bitcoin / Bitcoin Discussion / Facebook group to estimate number of Bitcoin users on: August 03, 2015, 07:05:26 AM
I don't know if this is allowed here, if not I'm sorry for it, just delete the thread.

Anyway, as I'm really curious on how many Bitcoin users are out there and it seems there's no reliable way to estimate it at the moment, I thought this could be a good try.
Quick, easy and inexpensive.
Just ask for subscription, spread the word, and let's see how many will join.

https://www.facebook.com/groups/1153361628014629/

Also, remember: the more we are, the more reputation Bitcoin gains... so it's in our interest to manage to make this estimate.
287  Bitcoin / Bitcoin Discussion / Re: MtGox CEO admits tweaking account on: August 03, 2015, 06:50:47 AM
http://www.japantimes.co.jp/news/2015/08/03/national/crime-legal/mtgox-ceo-admits-tweaking-account-faces-fresh-claim-misusing-8-9-million-deposits

Mark Karpeles, the head of the collapsed MtGox bitcoin exchange who was arrested in Tokyo on suspicion that he artificially created $1 million in the virtual currency, admitted he tweaked the amount of a bitcoin account, claiming the move was to test a computer system, sources said Monday.

Before his arrest, Karpeles told the Nikkei business daily that he never misused customers’ funds and he still suspected outside hackers had been stealing bitcoins for years.

And of course you trust him  Cheesy
288  Bitcoin / Bitcoin Discussion / Re: Beware of CoinBase on: August 03, 2015, 06:50:06 AM
Quote
LocalBitcoins and Coinbase

Coinbase neither prohibits nor endorses our customers’ lawful use of any third-party exchange service. Nor do we necessarily prohibit our customers’ sale of bitcoin in peer-to-peer transactions for personal, non-business use.

Coinbase customers may not, however, use their Coinbase Accounts to engage as a business in the exchange of virtual currency for fiat currency, funds, or other virtual currency. Coinbase reserves the right to limit your account use if we detect activity which constitutes a violation of this policy and/or our User Terms. We further reserve the right to limit your account use if your account is associated with high-volume activity inconsistent with personal use.

Source: https://support.coinbase.com/customer/portal/articles/1905681-localbitcoins-and-coinbase

In News: Coinbase Is Tracking How Users Spend Their Bitcoins


I can't see where the issue is.
Coinbase is a SERVICE aimed at commerce.
I find it completely legit that they don't want people to become their surrogate and begin to exchange Bictoin for fiat currency themselves, using the Coinbase service.
That's the only thing those lines mean: they will check how much traffic you will generate and guess if you are becoming an online Bitcoin trader.
289  Bitcoin / Bitcoin Discussion / Re: What about those bitcoins that are LOST? on: August 03, 2015, 06:48:15 AM
And I mean really, really lost.
A lot of people can't remember their passwords after 4 minutes since they set it up.
But apart this, there's several ways bitcoins can get lost, like in example if you have a wallet on a USB key and this breaks and you have no cold backup.

This will inevitably bring, in the future, to less than those 21 million cap.
And they WILL keep going down.

Is there a plan to reintegrate them?
Is that to say it's better to use a online wallet?

I personally don't trust much online wallets: seen too much crap happened in the past.
290  Bitcoin / Bitcoin Discussion / Re: Mainstream Adoption on: August 03, 2015, 06:43:44 AM
Hey guys,

It's been dawning on me for some time that there is one thing that businesses must hate.. credit card fees. So with this in mind why is mainstream adoption taking so long! We're not saying invalidate fiat currency and only accept BTC or Alt-coin but businesses don't seem to want to touch it?

What do you guys think the real issue is? Education among consumers and businesses? Volatile BTC price?

Tully

The main problem to get Bitcoin to mainstream adoption is to create enough reputation to deem it a valid currency.
You would be surprised to see how many people think Bitcoin is just "some faux money" or "ponzi scheme" or other stuff.
Most never even heard the word Bitcoin, many heard something on tv or read an article or two, but even when you will introduce them to it and will try to explain how new the concept is, they will look at you like a weirdo believing in bullshit and multilevel marketing and dismiss the discussion.
It's a slow progress, like with anything disrupting, like it was with internet in the early days.
Just wait some years, the boom will come.
291  Bitcoin / Electrum / About Electrum servers on: August 03, 2015, 06:16:44 AM
Some questions on Electrum servers.

Who manages them?
Who funds them?
Can I set one up?
How can users trust they won't come down ever?
Would I lose all my funds if the Electrum servers were dismissed?
What if only some 10 servers remain?
Would I be able to recover my funds in that case?

I see that COINOMI uses "Electrum server software": does this mean they use the Electrum servers or only the software and the nodes are COINOMI only?
292  Bitcoin / Electrum / Re: Forgot my Electrum password. Please help! on: August 03, 2015, 06:09:56 AM
The text file I deleted was actually on a thumb drive, but yes I get the point. Thanks.

May I suggest you to send the seed to your online email service?
You won't ever lose it that way and it should be well guarded if you don't use crappy providers.
293  Bitcoin / Electrum / Re: How to accept Bitcoin on a website using Electrum on: August 03, 2015, 06:07:50 AM
Looks great!
294  Bitcoin / Electrum / Re: Warning about portable versions on: August 03, 2015, 06:04:12 AM
Since we now have a subforum for Electrum, I am rewriting here what I already said in other threads. I hope it's more visible in its own thread.

It is not safe to use a portable version of Electrum on an insecure computer!

Don't get me wrong: I am not saying that a portable build is by itself more dangerous than a non-portable version.
However, a portable version does not bring anything more in terms of security. It does not protect you from the computer you are using.
In addition, portable builds encourage dangerous behaviour, because they make it very easy to use your wallet on third party computers, that might be infected with viruses and keyloggers.

I was never enthusiastic about distributing portable versions of Electrum.
I did it because the demand for portable versions was so high that portable builds distributed by third parties were getting popular.
That's the only reason why I accepted to distribute portable builds: I do this in order to avoid an even worse situation.



About keyloggers: why don't you implement a visual (mouse clicking) access check?
295  Bitcoin / Electrum / Re: Why you cannot enter an arbitrary seed in Electrum on: August 03, 2015, 06:00:22 AM
I get that 99% of people aren't able to generate a good sentence to remember, but I still don't like being given the chance to use my favourite sentence.

It's nothing I've found on internet, I searched for it and there's NO MATCHES on internet, and it's a sentence of 16 WORDS, that could also include punctuation.

Having to fiddle with hex is not fun for a non-coder and may also lead to problems in future updates I guess so I won't go that direction.

But in example, to not get bored with that sequence of words, I just snapshot it and send it to my email, which has a password of only 10+ characters... is that really better?
And I guess many people are doing it like that.

Printing those words on paper? And if somebody stumble on that paper?
Remembering 12 words without any sense? Good luck with that: nobody will even try. I didn't, for sure.
296  Economy / Speculation / Re: 21 millions bitcoiners on: August 03, 2015, 05:25:46 AM
What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

Now upto 25 millions already?

Uhhh wat?
297  Economy / Speculation / Re: Manipualtion and the future of Bitcoin - Poll on: August 02, 2015, 07:15:11 PM
You have a strange definition of what money is for ...

Money is a tool to exchange goods.
It allows people to avoid barter.


If you think money is a tool to gain power over other people, you have a psicopathic personality disorder, and you are dangerous.
Sure, you use no real weapon, but your mission in  life is to subdue other people by any means.
This is revealed by your view on money.

The only thing that restrains you from using weapons is the fact that they are not a viable solution for your objective of domination, as you haven't enough power to use them proficiently.
If you'd reach the power of, say, a central Africa small nation, you would not hesitate to use weapons to hold your power.

The fact that you post this on a forum regarding what is money for, reveals this your personality trait.
Think about that.

Btw, what is a gun for?
If you think guns are tools to gain power over people, then bingo.
You just have found an analogy.

And last but not least, weapons are also for defense.
If a person manipulates the market to throw people in poverty and gain more power without regards or empathy to anybody, I have all the right to use that gun and take down that person, even if he is not using machine guns to kill people.
He's just using... another weapon: money.



P.s.: I don't know you, I have nothing personal with you, I only got bad sensation from your post.
And sorry everybody for gravedigging this thread, I was searching for some info and stumbled on this.
Anyway, the matter is still well alive.
298  Economy / Speculation / Re: 21 millions bitcoiners on: August 02, 2015, 12:47:07 AM
BTC will be 50 cents or 5 cents

When?
299  Economy / Speculation / Re: 21 millions bitcoiners on: August 02, 2015, 12:22:35 AM
 

They will make a new fiat or their own crypto because they cant afford bitcoin. Bitcoin are being hoarded by you and everybody else on this forum to get rich. As soon as there is a demand everyone will sell as high as possible and noone can buy.  

You seem to not understand how markets and price discovery works.
When "no one can buy", the price ticks higher until there is an agreement
between buyers and sellers based on the volume needed to be traded.

From investopedia:

Quote
Suppose that a one-of-a-kind diamond is found in the remote countryside of Africa by a miner. An investor hears about the find, phones the miner and offers to buy the diamond for $1 million. The miner says she wants a day or two to think about it. In the interim, newspapers and other investors come forward and show their interest. With other investors apparently interested in the diamond, the miner holds out for $1.1 million and rejects the $1 million offer. Now suppose two more potential buyers make themselves known and submit bids for $1.2 million and $1.3 million dollars, respectively. The new asking price of that diamond is going to go up.
The following day, a miner in Asia uncovers 10 more diamonds exactly like the one found by the miner in Africa. As a result, both the price and demand for the African diamond will drop precipitously because of the sudden abundance of the once-rare diamond. This example - and the concept of supply and demand - can be applied to stocks as well.

The problem is that only a handfull of people have bitcoin. And of those handfull there are about 100 that have insane amounts. That would not sound good to normal people. And by normal i dont count those who see crypto as a salvation against the evil goverment but those who just want to live a normal life. I also think normal people would stick to the national currency and would not care if that was a crypto or fiat. Bitcoin is never going to be a national currency so that would be a party pooper.

Even if there is a demand for a replacement for fiat there is noone who would trade all they own for bitcoin when the price skyrocket. They would look for something widespread not something less used than Zynga chips. The rules for trade only works for trade. People dont want to trade currencies they want to buy bread and milk.



How many people hold how much of this huge part of Bitcoins?
I'm ignorant in this.
But I agree that if 50% of Bitcoins is held by 5 people, then those 5 will become the world's dominators, and people will surely move onto something else.
But this is not the discussion we were holding before. We were talking about "no more fiat to buy crypto".

Anyway, even in this case of unfair money distribution, people could just let Bitcoin fall and move onto another cryptocurrency.
Or a couple of those.
And let Bitcoin freefall unless the whales sell at fair price.
But whales could also never be traced back if they use some anonymizing service... we would never know.
300  Economy / Speculation / Re: 21 millions bitcoiners on: August 02, 2015, 12:17:37 AM
 

They will make a new fiat or their own crypto because they cant afford bitcoin. Bitcoin are being hoarded by you and everybody else on this forum to get rich. As soon as there is a demand everyone will sell as high as possible and noone can buy.  

You seem to not understand how markets and price discovery works.
When "no one can buy", the price ticks higher until there is an agreement
between buyers and sellers based on the volume needed to be traded.

It's incredible how some people simply can't catch the whole picture.
You tell him that when 1 BTC will value 100000 $, people will still buy a part of it, it's not mandatory to buy ONE Bitcoin.
He still say that people will raise the price so high that no one can buy, because he still thinks people will want to buy ONE Bitcoin.
He can't accept that people will exchange what they can for the equivalent in Bitcoins, like 500 mBTC or 3420 uBTC in example.
And that all of that will be totally proportional to what can be bought with either BTC or $.
He just can't catch it.

If in the future there will be so much request for Bitcoins that 1 BTC will equal to 1 trillion $, then well yes, I'll set the bar to 1 trillion $ for my BTC, and whoever will want to buy, he will buy a fraction of that BTC.
If at that time 1 satoshi or 1$ will buy you a cappuccino, and you will want 50000$ in Bitcoins, then you will get from me 0.00050000 Bitcoins.
I will still sell you bitcoins, because there will still be some shops accepting $.
Then there will be less, and you will have to pay even more $ to have some Bitcoins.
And then there will be less shops accepting $.
And less. And I will still raise the price of my Bitcoins.
And at one point, AS I WROTE, the less gifted part of world population will still be sitting on a pile of $ or € or £ etc. and the only use they will be able to do of those will be to warm up their houses by throwing them in the chimney.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!