The only way to attack Bitcoin is to follow it's rules. The problem is not that Bitcoin rules can be broken. They can't be because you'd need to convince everyone to change to a different Bitcoin client with different rules for that. Our whole point of disagreement seems to be centered around this one statement. You seem to believe that it is absolutely 100% impossible "to convince everyone to change to a different Bitcoin client with different rules", and I don't. I don't either. I specifically say this in the guide. So we're not talking about changing rules, we're talking about following rules where whether or not they are or aren't followed can be determined with mathematical certainty. |
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And this guy is a silver bug? Chris Duane at 5:14 "But quite honestly I would rather transact in Dollars." Plus, bitcoins are tangible just not corporeal. I really wonder what these people would call a digital picture if they think it isn't tangible? Well what is it then? I mean sure you can't touch it but you can clearly see it, you can edit it, you can print it out on a piece of paper.. I'm really interested in hearing from people who don't think a digital picture isn't tangible just what they think it is. Or any organized information in the digital form for that matter? |
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the spread is crazy. its bot heaven these days. im kicking myself for not majoring in CS
It's interesting to see this huge disagreement between bids and asks, it almost seems like bids have reached their max but asks just don't want to sell that low. |
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If I could give one suggestion, I would avoid referring to the reader as a "layman" or indicate that "big letters" are needed to convey important points.
This document looks like an EXCELLENT outline for some sort of video, illustration, or document that helps convey Bitcoin to everyday people, but my take is that this itself isn't that document.
The title, "Wrapping your head around Bitcoin", doesn't particularly suggest that it's meant to help the average person understand Bitcoin - it actually suggests that it's meant to help super smart people understand it, causing the intended audience to perhaps self-select out of thinking it's meant for them. I'd suggest "The Basics of Bitcoin: The What and The Why" or something like that.
I appreciate the input and you're more than welcome to take what I wrote and modify it. And yes I was toying around with the idea of making this into a video but I'm a noob when it comes to that so I'd need someone who knows animation and can do voice acting to help me. |
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Meanwhile the US Government, in conjunction with the blessing of the UN and the G20 have sanctioned Bitcoin with the "new blockchain to be fair to all", reversing all past transactions, legislating that Sourceforge host their newly revised, CIA-approved version, and declaring the "new blockchain" as the one backed by the "full faith and credit of all the major countries of the world".
Ah, the old New World Order attack argument. Yeah, if the entire world falls under a single dictator and the people refuse to revolt, then we have more problems than what we use to buy our groceries. I just don't see this this happening without a lot of objections. I hope you understand that my comment was a point to prove that it was possible, not likely. It is addressing the words "mathematical impossibility". But yes, I agree with you... I don't see this happening without a lot of objections either. But stranger things have happened. SECURITY - all confirmed Bitcoin transactions are with mathematical certainty irreversible, all
bitcoins are with mathematical certainty non-counterfeitable Let me see if I can explain the above to you so you'll understand why it is correct. First off all, you are wrong with your follow rules analogy: Defending the statement by saying "oh, I meant if you follow the rules" is like saying there are absolutely zero law breakers in New York City, and then saying "Oh, I meant I was only counting the ones who follow the rules." The only way to attack Bitcoin is to follow it's rules. The problem is not that Bitcoin rules can be broken. They can't be because you'd need to convince everyone to change to a different Bitcoin client with different rules for that. What can happen though is that the Bitcoin rules can be abused. So yes, when talking about attackers I of course mean only those who follow the rules. Those who don't simply get ignored by the network. The problem is someone can follow the rules in such a way that can cause damage. But the damage they can cause is limited. For instance they can't steal your bitcoins, that is mathematically certain, they'd need your private keys for that. They can't reverse your transaction that contains a signature with your private key when you sent it, that is mathematically certain. What they can do however is they can double spend any coins they themselves sent to you and this is mathematically certain, and they can unconfirm transactions up to the hardcoded checkpoint and that is also mathematically certain. As you can see, what I say about Bitcoin security is not false. Not even by a little. Everything in Bitcoin is mathematically certain except I didn't mention the unlikely event where someone decides to abuse mathematically certainty to double spend or unconfirm transaction up to a point. |
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Correct me if this is wrong
Yeah you are wrong and I already explained it to you how. |
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Nice site and really easy to use. Any problems with SEPA transfers out form bitstamp? There are usually no problems accepting SEPA  Real PITA is caused, when you want to get your fiat back. A cannot remember reading a single complaint on this forum. |
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Adam are you fine with me deciding the bet according to the GMT+1 time zone?
Mtgox last price at 0000 GMT+1 ok Cool. |
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Adam are you fine with me deciding the bet according to the GMT+1 time zone?
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Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc
Thanks, Hazek.
You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1? Oops. Yeah, I'm fine with that. Adam? |
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Coins sent. 1M36MzZWrTGM9YpwGQFAv6h6VFubU5JZAc
Thanks, Hazek.
You're both welcome. I have a reminder setup to check this thread on the 1st of March at 12:00am GMT+1 and that's when I'll decide who won. I guess we didn't decided on the time zone, are there any objections to GMT+1? |
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I sent my coin, in the unlikely event that i should win, please send the winnings to this address 19Rw7tUqTEMfgzxNRP4s2twAECpF3rVyZM
Ok |
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ok hazek, we have agreed to the terms of the bet, please post the bitcoin address again in the new thread
Thanks
Done. |
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Adamstgbit bets 1BTC
underground_ bets 2BTC
If 1BTC exceeds $32 on MtGox at any time in February, Adamstgbit Loses the bet! and all funds go to underground_
If 1BTC does not exceed $32 on MtGox at any time in February, Adamstgbit Wins the bet! and all funds go to Adamstgbit
hazek will escrow the bet
he will provide the address below
Agreed. I accept the conditions that will decide who will win the bet. You can send the money here: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB Please specify to which address I will need to pay out before you send if it's not the same address you'll be sending from. Address: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB
Message: I own this address
Signature: G2ATgBLUY2kSbdPhcaTbhGuOYYuzUxzZwcG500W0lOmQjUAYXvIj0oPxmGG05DRgE83/bp6cauwmyzOGFkAmuto=
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anyone wana bet ? ...i still have some coins left
"bitcoin will not make a new all time high this month"
I'll bet 2btc that the Mt.Gox btcusd exchange rate will exceed the all-time high this month. we'll need an escrow. I'll do it if you want. I'm cool with that. I can send them now. Both make a post agreeing to the best, specify what you both agree is the all-time high, specify what you both agree is the end of this month and then I'll give you an address to which you can both send the BTC. you can make a post, underground_, I'm really busy right now, 5 bugs just came in to my inbox.... so i will review the bet and send the coins, later. Okay. I bet 2BTC that the USD/BTC price on Mt.Gox will exceed $32/BTC in February, 2013. If the price on MT.Gox doesn't exceed $32/BTC, then Adamstgbit wins the bet. I accept the conditions that will decide who will win the bet. You can send the money here: 1FAhYh9ej5kbF2hXyp22tCzgWjb9cD8jvB Please specify to which address I will need to pay out before you send if it's not the same address you'll be sending from. |
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anyone wana bet ? ...i still have some coins left
"bitcoin will not make a new all time high this month"
I'll bet 2btc that the Mt.Gox btcusd exchange rate will exceed the all-time high this month. we'll need an escrow. I'll do it if you want. I'm cool with that. I can send them now. Both make a post agreeing to the bet, specify what you both agree is the all-time high, specify what you both agree is the end of this month and then I'll give you an address to which you can both send the BTC. |
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anyone wana bet ? ...i still have some coins left
"bitcoin will not make a new all time high this month"
I'll bet 2btc that the Mt.Gox btcusd exchange rate will exceed the all-time high this month. we'll need an escrow. I'll do it if you want. |
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Very good article, and surprisingly not written by Jon  |
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I'd hate to be a bitcoin company that didn't accept bitcoin transfers!
lol that would be weird Btw nice professional response in your post before last. |
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