This thread WAS from the future. |
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Here are the details. 1) Bought 9,000 BTC on one of the exchanges over time. 2) Transferred them to my client running on a linux live CD distro of Debian. 3) Backed up the wallet file to a flash drive. 4) Sent 1 BTC to myself 5) Closed client before any confirmations 6) Shut down system (wiped system disk loaded into memory and therefore the ./bitcoin folder 7) Loaded system back up  Copied old wallet.dat file into ./bitcoin folder 9) After some confirmations appeared the balance was 1 BTC and there was a transaction saying I spent 8,900 BTC to an address I did not recognize 10) I read on the forum threads that people have had problems like this but it seemed only when they were trying to double-spend by sending coins to another address and reloading an old wallet file Is there anything I can do? I do have the address that the 8,900 were supposedly sent to but the old wallet file is gone for good. Thanks, Stone Man Dude, im so glad someone else experienced this too. I sent 5BTC to an address that i copy and pasted, then i copy and pasted again just to make sure that i did it right, long story short, idk were they went That isn't what happened to him at all. I question your copy/paste ability based on reading comprehension. |
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The first rule of Bitcoin is talk about Bitcoin.
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You seem to think the banksters are one big evil happy family. The fact is that we aren't even on the RADAR screens of the vast majority of them. Those who do see Bitcoin as a threat can make far more by buying Bitcoin at this early stage than by killing it. These few insightful banksters could buy every new coin mined for a year with their pocket change merely as a hedge against the possibility that we will win. If we lose, all they lose is their insurance premium (hedge bet). If we win, they will be even more wealthy than they are now, only they won't be stealing any more.
I've thought about that (not 2.75M for pocket change because that's ridiculous), but the general idea of 'enemies' buying as a hedge. 1. It would be good for 'us'. 2. They can't do it because admitting a chance that their system can fail is essentially impossible. (Also, hedging tail risk is not their idea of a good time) 3. Anyone who can see that will buy more than "a hedge" and essentially be "one of us" |
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Maybe google could display relevant results when users type "bitcoin" into the search field?
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Actually, I love this idea haha. Though, I think it'd be cooler to print shirts with the current price as you sell them, so people wouldn't have to deal with it, or couldn't forge it.
That's great. Gotta watch out for overprint at a certain price and getting stuck with a bunch of "I paid 2BTC for this shirt" when USD/BTC = 28. Maybe just print as you sell. |
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The problem is - when you have hash rate < 1 GH/s solo mining is very risky - you could not get a block in months. That's why we use pools in the first place. Resolution of this problem is probably to make private pools with some other miners to get at least one block a day. This way no evil person will know you're there and the variance is much lower.
That's a good idea. The pool could not even exist until the attack. I think over time more and varied pools will emerge, with 144 blocks a day you could easily have 50 pools that average a block a day. But also pools could have agreements with each other to swap percents. |
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I don't know, but I wish I did.
I hope some miners learn to have backup plans for when their pool goes down so the network can laugh at such an attack.
A coordinated attack against the major mining pools will leave most miners clueless.
Every pooled miner should be capable of solo mining at the proverbial flip of a switch. Unfortunately, I don't see that happening. Many don't really care about the health of the network, they care about a quick, easy buck. (Not realizing the quick easy buck might go away if the network is vulnerable to attacks.)
Surely anyone with much power is smart enough to switch to individual mining automatically, no? |
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The ramp up the reported spiked after the difficulty increased. It wasn't real, but only an effect from their bad formula. They assume current difficulty backward past the increase and get a wrong number until enough time has passed to get the inaccurate assumption out of their equation. But maybe something is going on now. Deepbit is gone? |
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Where did you get your data on the ramp up?
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From the bitcoin fork discussion: So why try to limit who can use it? If you open it up to the world then the townfolk, as earliest adopters, could bring a lot of wealth into the town as out of town people discover it and adopt it.
It would even have one advantage over bitcoin: an entire town that accepts it in return for real goods and services.
-MarkM-
It wouldn't. You don't get adoption via restriction. Why is money that can be used in your town less good than money that can be used in your town (and somewhere else, optionally, if you want to)? |
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You should not borrow if your productivity is less than the average actor in the economy. If you do you will pay the difference; your lender will pay if you default.
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They'll probably make write down the same stuff whether we take them out to dinner or not.
Just ignore their scribblings.
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I've also just recently found out about Bitcoins, and I must say my attitude towards Bitcoins is similar to TheMagikarps'. This is mainly because until I can pay with Bitcoins at shops I visit regularly, I can't see any other use than invest in some and sell them later. I don't know if that's wrong or anything, but generally USD/BTC exchange rate seems to be seriously increasing. I'm not familiar with economics, I'm just wondering when Bitcoins' value in regards to USD will stop increasing, or when it might fall. I guess recently a lot of people found out about bitcoins, and the demand increase? The people who bought bitcoins for $1 some time ago have had their bitcoins raise 8 times in value until now? Buying 100 bitcoins back then and selling them now is already a damn fine investment for me. I wish I knew about bitcoins and invested back then, although I'm probably going to think about the same half a year from now on if the value keeps increasing  If you buy coins once you have plenty of direct uses for them you'll get the convenience and protection from inflation, but you won't get paid for foresight. |
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You mean I'll have another chance to buy below $5? Cool.
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To try and maintain the appearance of at least some credibility.
Yeah, but otoh, you might think of defaulting to try to shock people back into hoarding money. "OMG, the welfare fund is empty, maybe save a little in case this stuff catches value again." Not saying it would work, but in these situations nothing really is, so, try? |
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