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Here is what I see missing in the Bitcoin Ecosystem that I would like to see made better:
1) More merchants accepting BTC as payment.
2) More users like us...
To a lesser degree:
3) Yes, Bitcoin is pretty hard to use for the general public, but I have seen all sorts of users at Bitcoin ATMs...
4) I *believe* that the Core Developers ought to "do it right" when it comes to resolving technical issues, IMO make it easier to make important evolutional changes without programming mayhem....
in response to point 4. they need to CODE solutions. and not think about economics/price wars.. they should only think about expanding the utility via code.. and let the world decide the economics. my main gripe is their lack of CODE to set priority/recognise priority. but put in mechanisms that push the fee forward even if there was low demand. devs need to stop pushing an agenda and instead just stick to utility and expansion. using 'averages' which dont make the fee's drop reactively when demand is low. but actually keeps fee's up. even when one block is low demand. EG take a 25 block average.. imagine first 24 are 0.0001 and the 25th is 0.0025 then look at the 'average' after that.. even if demand was near 0 and no one was pushing the fee up.... the "average" itself pushes up  they really should have done some proper 'priority' coding. and not just the fee war thing they done, especially now all wallets are literally sheep following the price upwards and mining pools have to literally break away from the 'average' rule to allow in cheaper tx's just to break the constant rise. sheep following and concentrating only on price rather than coded security is the downfall of any 'decentralised/diverse coding project' |
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lol by the way not every key is there it doesnt have all keys stored. it just converts the page number into keys when you go to the page. so its a live privkey->public address calculator. not a store. plus it only goes from 5hp to 5km meaning its missing out on alot but will still take you decades to check all the addresses it calculates when you change pages |
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I am thinking along the lines of how the PayPal value transfer service became widely adopted because of the eBay platform.
And Steem has been distributed via the Steemit platform.
I get that only people already interested in Bitcoin are going to go onto a Bitcoin forum, but some other platform where the USP is more than just 'we use bitcoins' and other ways of interacting with other users is facilitated - an exchange Hub of some variety.
bitbay / open bazaar a better google adsense alternative but without having to rely on LN hubs otherwise its no better then paypal/google wallet multisig yes. but current LN concepts. no |
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There does seem to be very little promotion of Bitcoin and absolutely no mainstream advertisement for its use.
I would like to contribute to the ecosystem in someway - My feelings are that Bitcoin needs more facilitators, more social network type platforms that link people together with extra possibilities to use our digital tokens. The idea with Bitcoin is that each individual can interact with another, with a third party - but some platform to help facilitate this 'meeting of individuals'.
- A working hypothesis and maybe there are platforms on the way?
social platforms (facepalm) let me guess a FB group. where people need to search 'bitcoin' to find it usually just like this forum. its where it ends up being a group if insiders talking to each other and getting outsiders to come inward. this is usually done by noobs hearing about bitcoin and drawn into a 'social platform'. rather then the social platform reaching out. where everyone just advertises within the group. which becomes a culdron of advertising to people who already heard about bitcoin. we need to stop thinking about bringing people into groups but expanding bitcoin away from groups and become independent and expanding. |
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lol fail
crapcoin that requires centra website login..
reminds me of NXT.
boring so have reported to move this topic to altcoin or trash
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if you want some idea's to expand bitcoin
Drop-shipping.
expand retail<->bitcoin
manufacturing.
hardware wallets with NFC that take in a tx via NFC and send out via NFC a signed tx in seconds
bitcoin novelty gifts
list goes on
local exchanges
meetups/conferences
jobs
real jobs paid in bitcoin
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franky1
Am I right in thinking that you're suggesting that Bitcoin is TOO much 'on the internet', and the thing missing is the tangible, human aspect to it... a face? Isn't there enough information online to get people started with using Bitcoin?
Some of the 'real world' suggestions you made are projects that either have been made or are in the process of developing/ like the easy to use wallets ie. AitBitz and others. There's BitPay and ShapeShift for accepting payments etc.
I guess my thoughts are along the lines of... is there something else? Maybe along the lines of Steem? Steemit is a bit of a microtopia but its success seems to be more based on its merit rather than support for the ideology behind it/ or wide spread adoption of its token(s).
my thoughts are that bitcoin is too much on this forum.. its turned into a circle jerk affair. to learn bitcoin you go to this forum, to start earning bitcoin you go to this forum, yes there are other places like reddit and other services. but this forum seems to have turned too inward and only stirring its own pot. imagine this forum like an island. instead of getting the inhabitants to go out and explore the world, they are directing new people to the island and hope they stay in the island and trade on the island. not much has been done since id say 2015 to get people to do some real world stuff.. all the stuff i have seen in the real world of 2016 looks like the same idea's of 2012-2014. when i was highly involved to getting the message out. i have shot down many scammers and tried to look at business idea's people come up with. but lately all i see is demotivated culdron stiring attempts of peoples gread of just trying to make money from eachother inside these forums. instead of expanding and exciting the real world. it just seems like things have stagnated and just turned away from a 'revolutionary currency' and just into a who's got the biggest **** 'club' new idea's only seem to end up being scams and anything to grow utility get pushed aside unless a banker paid dev is at the lead of designing it. yes we need more concepts and utilities and less sheep following one direction that ends up just circling itself |
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the price is meaningless..
if there are 16m coins.. but imagine only 5 coins on an exchange being swapped between 10 people.. those 5 coins dictate the price of the whole 16mill coins without involving the 16m coins.
basing bitcoins economy, bitcoins utility and bitcoins society on an exchange price is flawed.
infact in the last 12 month people have noticed real world inflation where a loaf of bread has jumped more than 20%
last year i could buy 2litres(4pints) of milk for £1. now the same shop sells it for £1.45
last year a loaf of bread was 50p (cheap ownbrand) now its 80p. major brand went from £1 to £1.50
yea they do deals for 2for£2 to hide the increase or help people get used to the increase by making them buy double to 'save'. but the reality is inflation has hit people pockets
so seeing bitcoin go from $650 to $770 is not a shock.. its basically means i can still buy the same amount of loaves of bread as last year.
also the amount of coins on an exchange has DROPPED. less people are confident about exchanges so we are not seeing millions of coins held on exchanges like in 2013.. now its just a couple hundred thousand. usually some are only hoarding 50k of customers coins. so again the bitcoin price vs the economy are not correlating in any way to suggest the economy/society/utility is growing
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seems you can manually decrypt it using their script. though strongcoin seems to have dropped its own blog/support. google seems to note other locations to download the script have a read of one good result i found in 20 seconds. https://www.reddit.com/r/Jobs4Bitcoins/comments/1diadj/hiring_explain_to_me_how_to_use_command_line_to/basically it says download the script. save the ENTIRE 'signature' (the one you mentioned earlier starting and ending: U2Fsd...PbjKQ=) to a txt file called key.txt then run the command openssl enc -d -aes-256-cbc -in key.txt -a -k password Where you substitute the 'password' at the end of the line for the password you want to try. seems it worked for that person but i have not personally checked it myself nor do i require any funds if it is the solution. just hope it helps |
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many noobs think the only way to get bitcoin is to:
* run a ponzi and scam people
* raid faucets
* signature campaigns
many noobs do not see the bitcoin economy in the real world outside of this forum.
this forum has become its own culdron of inner sanctuary. where people are just stirring things within the forum. trading, advertising, speculating, etc.
we need to expand peoples minds outside of this forum. to do some real world stuff.
EG
* real jobs paid in bitcoin.
* local conferences and meetups
* merchant adoption
* user friendly wallets (NFC/username) instead of public key/QR code
bitcoin can expand in many ways but it is starting to turn into segmented boysclubs like some ganglands where there are borders and fights if one side steps into another sides line.
each town/city should have its own 'information centre' for meetups/exchanges conferences and just general info.
each town/city should have some advocates that help raise awareness and help businesses start up by finding the right people for the right roles to help the economy grow.
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i have read it. but although outdated in some of its terms, some dev's use it when they want to then go against it when the want to. thus rendering the whitepaper useless
its better to know the ethos of bitcoin
EG
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a
financial institution."
"but the main benefits are lost if a trusted third party is still required to prevent double-spending.We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work"
which "hubs" (LN) should not be the direction as the end goal of bitcoin. because these hubs become the next generation of 'trusted third party is still required to prevent double-spending'. rather then relying on the security of PoW for each transaction.
ofcourse have it as a side feature. but not the end goal by pricing people out of using the onchain peer-to-peer PoW mechanism. or hindering the onchain peer-to-peer PoW mechanism to sway people into accepting hubs as the only utility.
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I think the complete opposite would happen if Bitcoin replaced fiat which won't happen anyways as already noted above. Because when fiat is replaced by digital money the physical money would become obsolete and thus worthless. Their value from a collector's point of view will plummet because there would be no interest in keeping such outdated artifacts any more.
banknotes and legal tender coins (nickels dimes, cents, 20p pieces and pennies) will be useless.. but asset collectables (1ounce gold coins) will have a place. it wont be a big place. but will see growth of utility. just like bitcoin. not due to bitcoin being a one world currency. but because fiat becomes hyper inflated and people are peed off with having to work an hours labour and have their wife stood at a grocery aisle to spend it before the hyper inflated fiat the guy worked an hour to earn is not worth a loaf a bread. people will still be in the majority forced to work for fiat due to legal tender laws of tax/minimum wage etc. but they will convert it to more stable currency for long term handling. again not everyone will do it. and bitcoin/gold wont replace fiat. but it will become a open choice to swap into |
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while we move into the electronic only society.. people will still want something in their sole control. especially during a hyper inflation rally. they wont put 100% trust in middlemen authorised payment systems that limit their access or charge them fee's just to use their own earnings
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and since they created this forum, shouldnt the ANN be here somewhere?
No, lol. Just lock this thread. This whole forum was an announcement thread of Bitcoin. And I agree lock this thread. There is nothing you can add to this discussion. this forum was created 10 months after bitcoin was running. yet many people were talking and bitcoin was open from day 0.. just not here.. stackexchange cypherpunks, sourceforge, mailing lists, IRC were the older communication outlets. this forum didnt even conceive the term "ANN" until the crap coins and pump and dump coins of 2013+ |
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Where is the address satoshi owns with the 1 million btc?
I dont think that there is an actual address, i think it is if you add up all the suspected satoshi addresses it comes to a million. Oh. Do we know of any big addresses supposedly belonging to him? satoshi didnt hoard all the coins in a single address. each reward went to a separate address. also people have done analysis on the data and within hours other people where mining alongside satoshi. the whole 'satoshi is not one man' old debate is due to that analysis wrongly interpretted. satoshi was one person but satoshi didnt work alone. other people helped but none of them shared the 'satoshi' pseudonym. halfinney, Serius-m, and many more were there in the early days. all under their own pseudonyms. all of this info can be found using the wiki, google tools |
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bitcoin wont "replace" fiat.
fiat will exist due to minimum wage, legal tender, taxation, fines and duties laws. keeping fiat in circulation.
bitcoin will become a popular alternative.
but dont think bitcoin will become the only 'one world' currency to pay for every countries public services and civil servants/bureaucrats excessive salary.
bitcoin will be an open choice. not the only choice.
however while fiat hyper inflates (unrelated to bitcoin specifically but due to failings of fiat itself) yes people will realise hoarding assets its better. whether its bitcoin or collectable precious metals/gemstones
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(if we exclude numismatic value from consideration, of course)...
hmm 2 random people suddenly pull the same buzzword out of their hat within 3 minutes of each other.. that have not been regular words used on this forum in the past. ok.. more than a coincidence |
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Marketcap is large now, one news article doesn't move the price as easily as it used to.
Marketcap is still tiny if you put it in context with other businesses, currencies etc. But yeah I guess that it's now big enough that a single article can't do much, but ironically the price has been rising again in past hours and we are sitting at 770+. We are only a few dollars away to challenge again the 778 peak of the other day which I think we are going to pass soon. market cap? lol guys come on wake up the 16million coins are not all loaded onto exchanges. the truth is unlike say 2013 where well over 1million coins of 12million coins were loaded onto the main exchange (mtgox) now only a couple hundred thousand coins at most are loaded onto any exchange at any time. yea it may total over 1mill coins combined. but dont pretend the whole 16m of coins are inplay directly affecting the exchange price. media news doesnt really affect price anymore. its more about the whim of those running bots and those with just enough coin to create resistance walls or 'whale' orders.. |
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How long do you think, will Bitcoin be allowed to go unregulated, if nobody paid taxes whilst using it? The government has to take their cut, so we should all just pay the taxes and move on with our lives. We can chose not to pay the taxes and then bend over to strict regulations or even a full blanket ban from the governments.... OR we can pay the taxes and have a little bit of freedom, like we now have with cash.  maybe you need to learn about taxes. EG when someone travels the world and gets paid in many foreign currencies. when they hold shares in a company. then apply that same logic about say holdings of no dollars eg having offshore accounts while being american will clarify things for you |
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they cant tax bitcoin.
however they can:
see your fiat withdrawals. and if they are valued above what they have logged as your income. they will question it
see what car/house/assets you have, and if assets are valued above what they have logged as your income. they will question it
so when you 'cash out'
so when a disgruntled/jealous neighbour questions your new car and you have the feeling they will 'grass' you in.
expect to get a tax form through the post and pay tax on the fiat you got.
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