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Rather than using an electronic device, you may consider a paper wallet instead.
When generated safely (offline on a computer that never connected to internet; complete format of the harddisk after generated the wallet), it should be one of the safest and will not be obsoleted.
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seems to happen alot with this exchange
maybe I'm overthinking but I suspect that one of these days they'll go down and never come back again. taking a lot of bitcoins with them. I sincerely hope this will not happen. This is one of the oldest exchanges and the owner should do their best to keep it alive. However, to be safe, user shouldn't keep too much BTC or USD in exchanges, regardless which exchange you are using. |
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To convince people, he should let people know if he is holding any bitcoins. I hope he is investing...
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sony equals japan + some other countries because they're from japan. face it.
Disagree. Sony is not equal to Japan... Is Microsoft equals to the US? Volkswagen equals to German? Kiwi equals to NZ (kiwi was actually native to China)? Sony is a global company. Face it! |
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A bit off topic: The current number of Classic nodes is stagnant at around 2200+-... I guess we need to see the actual increase in the Classic nodes and miners to move forward. Just adding more names to the list is not going to help I guess...
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As the title say, what is the proper way to teach someone about what is Bitcoin?
I think the best method to teach someone about Bitcoin is offering him some coins and then asking him to own a wallet if he haven't one, and then explaining how it works this powerful crypto currency for him I agree... The first coins I got was from a fellow bitcoiner. Although the amount was tiny, about 2000 bits, the way it was transferred to my newly created wallet really got me into learning more about bitcoin. |
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Besides taking their bitcoins, maybe they should also implant ransomware to lock down all their computers!
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Reserving this spot, this is going to be a long one.
Really looking forward to what you are going to type! This is an important topic for the bitcoin community so I guess newbies like myself are taking the opportunity to learn more about the fundamentals of bitcoin. |
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If I am not wrong, they were working with Bitpay on the payment. Most likely they have paid a lot of money but the return is too little- causing MS to stop accepting Bitcoin.
To me this is a sad news- many other businesses also stop accepting Bitcoin because of this. Hope this will soon reverse...
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Classic is gaining some momentum and hopeful will turn into something significant.
When I look at what my client connects to, there often is one classic node but rarely two and often none. Usually there is one. Same for core 0.12.0 (what I run) Lot of nodes running 0.11.x core. I think a lot of nodes haven't decided if they want to go core 0.12.x or classic yet. I don't think it is fair to say either is gaining momentum. I think adoption comes in waves. The first wave is in and we are waiting for the next wave (bigger) to happen. If blocksize debate is going no-where, the halving will not in anywhere increase the value of bitcoins. |
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I incline to agree but this is a place where I started so it is natural for me to visit and type when I have some free time.
But sometime there are still quite a number of good discussions which I benefited from in terms of updates and knowledge.
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And who's using it now? And for what?
I did generate one previously. Just one question: is there any software to help with vanity address for 3xxx keys? |
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Steal and then return. How noble! How about those who robbed Mt Gox?
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Thanks for sharing this information. However, it seems very complex to a layman like me.
I guess this is a good way to invest but I will just stick to buying the bitcoin directly.
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I thought bitcoin transactions are free...
but turn out they require a fee...
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Very soon bitcoin will be the only economy without negative interest rate.  |
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I think we should close this thread. The OP obviously have not done any reading before asking the questions.
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If this is one of the many uses of bitcoin, we will need a big blocksize the handle the huge number of transaction per second. 1MB, or even the proposed 2MB will not be able to handle this.
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You can become the first by sending 10 BTC back and forth with ~100-500 sats everytime and voila you spent 0.5 and broke a record, or get a script to do it for you. Not that hard if you actually want to do it
Or even better do it with 20 BTC and you spend half the above mentioned amount in fees
PS, It'll take a huge amount of time though
Isnt that the two brothers owning about one third of all BTC? I do remember reading some short article about them. They are very likely to be the owner of this address and its wallet. I thought the two brothers only own about slightly more than 110k BTC... Maybe their wealth has grown even more?? |
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