... Continuing my education, I sent a link to a Google doc as a "Public Note" at the below blockchain transaction: 4b1cd9f9e68a348eba331c9458ed59f59464ff993a0262905ef643439c153bb9 (probably at block 344274) The message: http://goo.gl/k7zxjp* * * blockchain.info shows the "Public Note".
Do other tools show that as well?* * * Comments on my doc are welcome here on this thread. I just started it, it is meant for BEGINNERS (like me). I already do understand that putting up a link to a document that can later change is not worth much. (this post edited) |
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The possibility of bypassing capital controls is, for me, one of the best and highest uses of Bitcoin.
The fact that you can take a large value easily out in a Ledger or Trezor (or even with NO hardware <--- large balances in web wallets not recommended though) gives some protection of keeping some of your wealth under your control. And our friends at TSA would even have a hard time controlling taking a Ledger with you (whereas they could always STEAL your gold coins...).
Bitcoin represents some financial freedom. Bitcoin is a great diversification into safety. Diversification is a wonderful thing.
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odolvlobo
Both of your comments are correct.
I should have written my comment better (that they post the HASH, not the document itself), good eye, thank you for the correction.
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... But, how do I know it's not a scam? That way I am only out BTC0.05... LOL  |
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... As interest rates in the USA, Europe and Japan continue to go down, maybe more people will look for alternatives like precious metals and BTC. In much of Europe, YOU have to pay the BANKS to hold your money for you (Negative Interest Rate Policy). Might as well just hold CA$H instead, at least you would not lose anything (except to inflation). But, will zero or negative interest rates likely mean that more people will buy gold or Bitcoin? Zero Hedge has been following this pretty well, and has a current article up: http://www.zerohedge.com/news/2015-02-18/why-zirpnirp-killing-fractional-reserve-banking-forcing-deposits-gold"We ZIRP-ed some folks..." |
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I have used blockchain.info's SharedCoin mixing service (and of course bitmixer.io's as well) many times.
Both work well. They appear to have very different ways of mixing coins.
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... marcotheminer bitmixer.io's signature campaign is drop-dead easy. That makes a big difference to those of us who are trying to figure Bitcoinistan™ entirely on our own. Although maybe I just pause in making any more comments until my first payday...  |
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Bitcoin also has "first mover advantage". Which means that barring a BIG JUMP in the quality of all alts that BTC could very well wind up the winner.
There is also a large network of developers working on various facets of BTC. It is hard to see that that would be true of any of the others.
More merchants take BTC as well. I can only try to imagine buying gold for alts (perhaps I am wrong, maybe some of the ones taking BTC take some other ones too).
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Lucky me. I signed-up for bitmixer.io's campaign just a few days ago. As it has been less than a week, I have not looked for (nor received) payment yet. I note that a lot of people seem to be happy with their signature campaign and their easy & automatic payments. Their mixing service works very well too.
I have not participated in any other signature campaigns, but as bitmixer.io is at least competitve with the others (and EASY), I will just stick with them.
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... About a year ago, I read that the the blockchain can be used to store documents. Even corporate founding documents (I believe that a company has already been formed on the blockchain). More recently (at TNABC) I ran into a company called factom.org, they want to write for developers that would put permanent & un-alterable documents on the blockchain. factom wants to do that by using "hash values" of such documents. The other day I ran into proofofexistence.com. They have a service which will allow almost anyone to do something like that: post documents on the blockchain. I did that just today. It costs about $1.25 (in BTC) to do that. I had a little bit of trouble figuring it out, but eventually I did. Here is "their" version of my message after their SHA-256 hashing of my document: 09c388c5e1ef405751fb5dccb0767ed5f77f5f7f209def56ccae6433a111761b *The above was posted onto the blockchain (block number 344121). The transaction (hash) number on the blockchain for this is: cc890677133beb1edefff00bab4266da12eb2a5b675907233012f7ef1721d7ee A contest (for anyone who would like to take a shot this). If you can tell me what my original message was (from the first hash-value above, in green), I will pay a prize of 0.05 BTC, but you must be the FIRST one to claim the prize, HERE, and you must explain HERE how you solved it.Good luck!  * * * For the purists around here, I will make a donation to the Bitcoin Foundation (as I believe that they are coordinating the developers working on new versions of BTC software)."Blockchain Bloat" appears to be a (future) problem that they will solve, so I would like to do my part. * EDIT: In case you DO solve it, please leave out my real name, thanks! Otherwise, post the message in this thread. |
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... 2 - 8 times per day here. Closer to 8... I started checking that often once I had bought Bitcoin. Before I discovered it and then bought in (a little over a year ago), I never checked. |
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OP, another way to look at the 97% loss of a dollar value is to:
Imagine what once costs some three - five cents now costs a dollar.
Of course the dollar has lost 97% (plus or minus) since 1913, I cannot verify that myself as I was not around then (smile), but there is no doubt that gasoline (and so much else) was MUCH CHEAPER in the 1960s when I was a kid.
* * *
Gold has gone up (vs. the US$) at about the same rate as the dollar has gone down. Yes, it has been bumpy along the way, but gold has shown itself to be a far superior Store of Value than the US$.
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Cyprus should have been the wake-up call to everyone to have a "Plan B" and even a "Plan C" re preserving wealth... And, IIRC, it was the middle class in Cyprus who got screwed the worst.
BTC is perfect for taking out a large amount of wealth. I read at Zero Hedge recently that sales of gold coins are up sharply in Greece. I would think that Bitcoin would be an even easier way to get some money OUT of Greece.
I would be looking very hard at buying BTC were I a Greek...
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... Awhile back (over 120 days bitcointalk tells me...) I opened a thread on taint analysis tools. Perhaps there have been new developments that would be of interest to our community. I am always interested in learning more about how to hide transactions via mixing (or by exchanges or betting sites -- neither of which I have used) and how well the various ways of obscuring origins of incoming bitcoins function. The tool I have used is blockchain.info's tool. It seems to work well enough, in that when I have mixed BTC, especially carefully, the two mixing services I use SEEM to work well, but I am not an expert in BTC. 1) Are there other taint analysis tools out there? 2) Are such tools "good enough" in showing vulnerability (I read once that trackers can use IP addresses or similar)? |
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... BTC going mainstream would clearly give us (and soon-to-be adopters) more options and more ways to use Bitcoin. IMO that is an unequivocal good thing. It would likely make segments happy too (eg, merchants who avoid 3% credit card fees). But, for now I am happy enough that PM dealer providentmetals.com takes BTC (there are about three other gold dealers who do as well). THIS for me is important. I would also like more options for spending BTC overseas when we travel (Peru, Europe). Or even taking local FIAT$ form a foreign ATM in case I needed local money... |
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... kingcolex OK, I will remember that (pay a higher fee to the miner) when I have an important transaction I want to go through more quickly. I know it is easy to do just that from blockchain.info wallets, I will look into that re my Ledger and Trezor ones too. Where's the "thumb-up" icon? |
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kingcolex
You raised an interesting idea, that larger transactions would go on the blockchain as normal vs. smaller ones off-chain (or LTC, etc.).
I see a lot of very small betting transactions when I look at blockchain transactions for example. Sometimes they make up 20% + of transactions scrolling by... These might "crowd" the seven transactions per second limit I have read about.
I can offer no knowledgeable advice other than hoping that the LARGER transactions have some kind of priority. It may be that buying coffee (etc.) may not need confirmation(s).
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Mitchełł
This thread is extremely interesting (and of course profitable for many of us), keep up the great work.
I hope that the Signature Ads work out well for them. The fact that bitmixer.io keeps so many enrolled in their campaign *might mean* that their service sees new business. Their reputation is very high. Their mixing service is very good.
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Possum577
OP raised some ideas that were interesting to me. Google Trends is something I have only slightly played with. I made my observations about "other" key words because they were interesting.
I will not speak for others, but I am just learning the tool, to see what it may/may not be able to do for me. There has been talk (in completely different fora) that in some cases Google Trends spots things of great interest.
Leading economic indicators, for example, have a slight predictive power. If these indicators were to appear via Google word searches, there might be little gems that could be found...
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CoinCube
The time may come soon when a thread on "Plan B Countries" should be started... iamback has already given us a taste of which countries he would suggest.
I do not remember where I read a comment once, but it was to the effect of that the time to get OUT is when the pressure FIRST starts getting turned-up for real. It is clear to all who observe the trend of an "Exit Tax" that it is getting higher and higher. The comment I read pointed to when the Jews could have left Germany (at not outrageous cost) in the 1930s when all of THAT started.
One can learn from reading History. While it does not repeat, there are always parallels.
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