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622
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Bitcoin / Development & Technical Discussion / Re: "New address for each payment" is a logic bomb
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on: November 16, 2013, 10:58:17 AM
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So, you made your point, maybe somewhere sometime someone will get an account that belongs to someone else, probably getting 0.01 BTC free
All right.
No system is perfect. Abstractions do leak. Everyday people make mistakes and loose bitcoin accounts, or send money to the wrong account or have their computer hacked and get robbed from their btc accounts.
So What ? 1 error over tens of millions transactions should make the complete system unusable ? nope. It's a fairly good reliability. Far more reliable than any other banks.
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628
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Bitcoin / Hardware / Re: The bASIC Refund Tracking Thread
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on: January 28, 2013, 07:05:59 PM
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I have just been CC-refunded. bAsic and Transport option. I was #900 or so.
Thank you Tom and Dave.
I'd have happily waited until March or even September tho.
Ho well...
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636
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Other / Beginners & Help / Re: the fate of bitcoins (all will be lost - literally and eventually)
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on: November 28, 2012, 07:07:51 PM
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I kinda disagree.
I have no problem with the mathematical concept of infinitely dividing the remining bitcoins, BUT the problem is that nobody knows that the lost bitcoins are lost or simply kept under someone's mattress
As a consequence, everyone can legitimely think that the total monetary mass of bitcoins stays at 21M
The market will then most probably evaluate the value of a bitcoin by balancing that monetary mass against something it thinks bitcoins (as a whole) is worth, thus impacting bitcoin's exchange value.
Or not : Maybe the market will stabilize to a price evaluated by balancing the bitcoins in movment during a certain timeframe ?
Little can be done about it tho. Maybe the founders could modify the clients so that a bitcoin needs to move from an address to another within a certain timeframe to stay valid ? (just trolling here, forget it)
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638
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Bitcoin / Mining speculation / Re: 21 Millions...
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on: November 14, 2012, 12:31:41 PM
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The 21,000,000th bitcoin will never be reached.
It takes
4 years to go to 10,500,000
8 years to go to 10,500,000+5,250,000
12 years to go up to 10,500,000+5,250,000+2,625,000
16 years to go up to 10,500,000+5,250,000+2,625,000+1,312,500
etc...
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639
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Economy / Speculation / Re: [ANN] bitcoinsentiment.com
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on: November 14, 2012, 12:19:55 PM
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it seems broken
Its not, it will display the HTML code you need to have the bitcoinsentiment.com poll on your site i find it Extremely weird that this information is displayed after you vote, and then you have to vote again to see the results... Well, this => You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near '9pMsnPÐæíÞ¬³À pâ zËLëÐ*³') ORDER BY timestamp DESC LIMIT 1' at line 1You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near '9pMsnPÐæíÞ¬³À pâ zËLëÐ*³')' at line 1 does NOT sound good to me  |
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