Bitcoin Forum
April 16, 2014, 08:44:00 AM *
News: ♦♦ A bug in OpenSSL, used by Bitcoin-Qt/Bitcoin Core, could allow your bitcoins to be stolen. Immediately updating Bitcoin Core to 0.9.1 is required in some cases, especially if you're using 0.9.0. Download. More info.
The same bug also affected the forum. Changing your forum password is recommended.
 
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461  Other / Beginners & Help / Re: Why would anyone spend their coins? on: November 22, 2013, 10:58:24 PM
Because tomorrow the bitcoin price can happily crash. When you are in a bubble, you should sell/use the coins before the crash  Smiley

Also, the price in the long term increase BECAUSE people use coins.
462  Other / Beginners & Help / Re: question about 'synchronization' of my bitcoin wallet on: November 22, 2013, 10:41:16 PM
You think so? Recent blocks are heavier and thus slower to get  Grin
463  Other / Beginners & Help / Re: question about 'synchronization' of my bitcoin wallet on: November 22, 2013, 10:31:29 PM
Quote
is it because the synchronization is not finished ?
Yes, so stay calm  Smiley

Quote
What is that ?
You installed the Bitcoin-QT client, it is a full node client, it means that it not only act as a wallet but it also download the FULL blockchain of bitcoin, wich means every transactions done and relay it to other nodes. The bitcoin network is a p2p one, so the full nodes relay all the transactions between them.

Quote
It takes a lot of time
Yes, it is downloading more than 10GB of data and verifying them all.

Note that you do not need to have a full node, it is meant for people who want to run it constantly, having a full node when you use it only for 5minutes every some days is pointless. Get Multibit for example, much much quicker, for the same security

Oh and make sure you backup your wallet, have no virus on the pc and learnt about how to securely store your coins!
464  Bitcoin / Bitcoin Discussion / Re: Why isn't wikipedia accepting bitcoin? on: November 22, 2013, 03:56:15 PM
Because bitcoin is not backed by the full faith and credit of an issuing government  Grin Grin Grin
465  Bitcoin / Press / Re: 2013-11-22 CNBC: Virgin Galactic to accept bitcoin: Branson on: November 22, 2013, 02:39:22 PM
Space, the final frontier
466  Other / Alternate cryptocurrencies / Re: [2013-11-21] Alpha Technologies Announces ASIC Miners for Litecoin are Coming on: November 21, 2013, 01:13:39 PM
Wasn't that the thing that made Litecoin different from Bitcoin?
Why should not be ASIC for litecoins? Everything that run on a computer can run on specialized hardware. It runs on generic hardware, why the hell should it NOT run on specialized one?
467  Bitcoin / Bitcoin Discussion / Re: Safe to give wallet backup to a friend? on: November 20, 2013, 09:25:31 PM
Truecrypt can use AES, Serpent and/or Twofish. You can use them all together. As for hash algorithm you can choose between RIPEMD-160, SHA-512 and Whirpool
468  Bitcoin / Bitcoin Discussion / Re: Safe to give wallet backup to a friend? on: November 20, 2013, 09:18:04 PM
zip/rar the encrypted wallet file with a password

so 1) encrypted wallet file 2) encrypted zip file/rar file holding the wallet file

this will prevent your friend from being able to see your balances and transactions. unless you don't care + extra secuirty
Maybe you should use Truecrypt instead of zip/rar
469  Bitcoin / Bitcoin Discussion / Re: It is shocking how dumb the press is - on: November 20, 2013, 05:19:16 PM
Epic fail for the mighty and famous cnn

Yeah, press is mostly useless these days.
470  Bitcoin / Bitcoin Discussion / Re: World of Warcraft gold and BTC correlation on: November 19, 2013, 01:14:05 PM
I don't even... wtf
471  Bitcoin / Bitcoin Discussion / Re: Mind = Blown (Finally!) on: November 16, 2013, 10:35:26 PM
You have to explain that individuals should have the right to issue currency its just too hard for them to comprehend.
That should be showed in the bitcoin client. "You have the right to issue currency"
472  Other / Beginners & Help / Re: Why treat bitcoin as money and not code/software? on: November 16, 2013, 09:14:31 PM
I figure this is probably a great place to ask this question.

So I'm in the shower this morning, and it hits me: Bitcoin is just ones and zeroes. Sure it has lots of the features and benefits traditional currency can provide (and a whole lot more), but it's just code, right? So how come (besides the fact government just loves to steal) bitcoin is being treated like it's money and not software? Having someone sign an End User License Agreement would be a hell of a lot simpler than having to gather tons of information on them.

Then maybe I wouldn't have to drive to Canada to see a Robocoin kiosk in action.

(Yes I'm in NH, yes I know the Lamassu guys, but I still haven't seen one of their machines)
Both bitcoin and dollar are created out of thin air, so basically its all about what people trust more.
But bitcoin can't be created at will
473  Economy / Speculation / Re: What effect will Monday's US Congressional hearing have on price? on: November 16, 2013, 08:27:59 PM
Bitcoin doesn't care
474  Economy / Speculation / Re: Does not it bother anyone that BTC value increasing too fast? on: November 16, 2013, 07:28:01 PM
Nah, bitcoin has always been like that, nothing new
475  Other / Beginners & Help / Re: Why treat bitcoin as money and not code/software? on: November 16, 2013, 07:10:35 PM
+1, bitcoin is just a software, nothing more.

All this regulation bullshit is just that, bullshit, why should we need license to install a software?
476  Bitcoin / Bitcoin Discussion / Re: So I went down to the bitcoin ATM today... on: November 16, 2013, 07:07:16 PM
A woman who can't be bothered to backup her epic important things  Roll Eyes
477  Bitcoin / Bitcoin Discussion / Re: Banned from opening a US bank account for having bitcoin, SSN banned. on: November 16, 2013, 12:30:16 PM
And so it begins
478  Bitcoin / Press / Re: 2013-11-14 NY regulator considers bitcoin regulation license on: November 15, 2013, 06:36:22 PM
The more you tighten your grip, Tarkin, the more star systems will slip through your fingers
479  Bitcoin / Bitcoin Discussion / Re: I'm having lunch with someone who works high up in Kaspersky on: November 15, 2013, 05:24:47 PM
And some antivirus softwares still detect miners as "virus"  Cheesy
480  Bitcoin / Press / Re: 2013-11-14 ZeroHedge - Meet the New York Superintendent Who Can't Wait To Regula on: November 15, 2013, 04:26:31 PM
Funny, they speak about "their national security"

Since i'm european, this is NOT for my national security  Undecided

Bitcoin is international, it is about their world, not about their small nation
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