There's a Lending section on the forums.

This reminds me more of the case of BurtW than the case on this thread... Anyways, this is pretty destructive.


Very curious, if this is true... My question is, won't this machine still need the PIN code from the card's owner?

Nobody got burned probably because Armory's userbase is smaller? And maybe more knowledgeable, or at least more curious. Anyways, I agree, I think there are still many good willed people around here, we haven't really seen any "stolen coins" issue due to bad binaries like the ones that happen on the Electrum sub-forum, as an example.

Building several versions and putting them up to download is a bit like a "double sided knife", you're avoiding possible damages by downloading binaries from untrusted sources, without verifying its authenticity, but you're also making people delay temporarily (or possibly permanently) updating to current, up to date versions with bug fixes, new functionality and stability improvements.

This is indeed an amazing opportunity for Bitcoin. It will definitely show people that we can fill PayPal's gap quite nicely. The sad thing is, when PayPal is able to renew its license there, most people will probably go back to PayPal. I just hope merchants keep both payment options...

Saying people will purposefully target their transaction to the halving block is probably just speculation... It's most likely that people will simply transact like they used to, whenever they want without worrying about halvings I'd say it will be as hard to include a transaction on the halving block as it is on any other block...

Is it still syncing?

Better than downloading from an unknown source...

Unfortunate that this article isn't freely available, seems to be interesting, does it say anything about Soros and Bitcoin?

I'm sorry, but if you don't find this clear, then I'm not sure how to explain it to you. Halving -> block reward gets cut in half (from time to time).

You can keep money safely for a long or short periods of time, depending on the amount of security you have in storing your funds.

I assume that someone capable of running a big University infrastructure is aware of that and stores backups in a separate, preferably offline server. But yes, this can happen, but backups in a separate server are guaranteed to make things better and easier when being attacked.


True


That would be absolutely despicable.


Haha, it would be amazing

Interesting article.


What? If one's not worried about his fiat holdings right now, then there's a problem with such a person...

That being said, as seen before, problems in a country's currency may lead to increased search for Bitcoins. We've seen it in Greece (although reports were a bit questionable), we've seen it in Venezuela (where interest in Bitcoin does seem to be on the rise) and also Brazil. The USA is a big economy, so if a lot of people get interested in Bitcoin all of a sudden, it might cause a price bump... But this is also a bit unlikely. Even if there was a surge of interest in USA for Bitcoins, there are other forces driving the market, pretty strong ones... So USA alone wouldn't bump things to 1000$ In the end, it's like the author says... Let the price take care of itself.

You should read this.

As for profitability in holding through a halving... Nobody can guarantee the price will rise and decline after so you can rebuy low.

Group A: 1 - France, 2 - Switzerland
Group B: 1 - England, 2 - Russia
Group C: 1 - Germany, 2 - Poland
Group D: 1 - Spain, 2 - Croatia
Group E: 1 - Belgium, 2 - Italy
Group F: 1 - Portugal, 2 - Austria

SPORTSBET.IO username: lurgnu

Good luck everyone!

This yet again... Reminds me that thread with the article saying companies are stocking up on Bitcoin to pay for data rescue to attackers. If people had backups, there would be no need to fund hackers this way and they would simply stop. If companies/schools can afford to pay this amount of money to hackers and/or "stockpile" with Bitcoin, they can afford trained staff that can secure their network and keep daily backups. Hard drives are also quite inexpensive comparing to paying attackers... But it's their money, so they do whatever they want It seems people prefer to be sorry than safe. Wish I had large pockets like this University

My aim is the most I can, but I'd be happy with around 20000-30000 BTC. Impossible, but setting high goals keeps you motivated I'd most likely would not retire if I reached that point (unless I was really old).

It's on the old GitHub, somewhere on the releases page.

Bitcoin becoming legal and officially recognized would probably bring no good to Bitcoin. We'd most likely have to sacrifice something in order for it to be within the laws of currency. The government would have to somehow interfere with it (with the emission of currency, address blacklisting, liking addresses to one's identity...), they would require the same level of control they have with fiat, or even more, and that's simply not Bitcoin.

If it's not illegal, that's good enough for me. We will neve be able to deliver a currency that satisfies governments fully, so might as well stay in the grey area. The currency and the principles will speak for themselves and people will realize the advantages towards fiat.

This is the companies own fault and (if) they're stockpiling on Bitcoin because they want to. If they can afford to put money where there are still risks, they can afford to hire good IT technicians that are permanently monitoring the network and that work to make it as robust and secure as possible. Looks like companies never heard of "better safe than sorry" or they simply prefer to be sorry everytime.


This is a very concerning reality that's been present for quite a long time. If companies don't protect themselves, it's their loss: they'll eventually get hacked and people will request money from them (Bitcoin or fiat), unfortunately.

Yes, this makes sense. Bitcoin is probably not suitable for replacing every and each fiat coin in the world right now as it is and make an unique, universal coin... So another coin will probably replace it, or Bitcoin will evolve so much that it will make no more sense to call it Bitcoin. Only future will tell.

Still no "withdraw all" button.