Bitcoin Forum
April 23, 2017, 10:26:11 AM *
News: If the forum does not load normally for you, please send me a traceroute.
 
  Home Help Search Donate Login Register  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 411 »
821  Bitcoin / Bitcoin Discussion / Re: Here’s How I Would Bring Down Bitcoin on: February 24, 2016, 09:18:49 PM
It's more subtle than the idea of a "takeover" by non-technical shadowy people sitting around a table. It's about fooling enough minds so that the project succumbs to the ignorant tyranny of the majority. Cuz, you know, democracy.
That could happen. I agree that poor decision could be a huge problem. Only a consensus can change things and a dumb consensus would likely produce a dumb result. Elections have sometimes resulted in a dictatorship or horrible policy. Still, democracy is better than tyranny. That's my hope anyway. 
Quote
It's about getting people to believe that Bitcoin is about making a better PayPal/VISA, as opposed to making third-parties (central authorities) obsolete thus giving people control over their own finances.
That may be true for some. I would not even consider using a centralized money anymore. Bitcoin has no way for a central authority to operate. No one can change the price, the supply, the distribution. No one can keep me from using it or compel me to use it. They cant change the fees or the use cases. What is left to control? 
Quote
It's about leveraging conformist minds (Gavin, Hearn, Garzik, ...) into diverting the project toward a state of increased vulnerability/uncertainty.
Gavin has no more authority than you do. There is no official anything and you could create a competing chain that becomes the "real" bitcoin.
Quote

It's about creating/promoting the perception of disassociating the crypto-anarchist roots of Bitcoin and placing the steering wheel into the hands of people who don't think there's anything wrong with debt-based money (because they only pay attention to mainstream sources of information).
What steering wheel?
822  Bitcoin / Bitcoin Discussion / Re: We won the fight against censorship and aritificial limits - consensus is near on: February 24, 2016, 09:01:19 PM

Not sure if I made myself clear enough, in case I haven't:
The appeal of Bitcoin, the sales pitch, was that Bitcoin is immune to human failings, corruption, etc., that instead of needing to trust people, it's sufficient to trust in math ("backed by math").
Turns out no -- just like everything else, you got to trust people, in this case a bunch of manchildren who'll never play nice together.


Welcome to democracy. The system was always supposed to work this way.
... Bitcoin is not a democracy. How many times does this have to be explained to you guys? ...
--Lauda, Bitcointalk staff.
Well, I call a system that requires a consensus democratic. But perhaps he has a more nuanced definition of democracy. My point is that nobody is making you do anything unless they convince most everyone to go along with a change. It does suck to try bringing all these competing interests to a decision, but that has always been the plan. We could just change the code so that one person or a bank would decide on all changes. But who the hell would want bitcoin if that was the case? 
823  Bitcoin / Bitcoin Discussion / Re: We won the fight against censorship and aritificial limits - consensus is near on: February 24, 2016, 08:46:57 PM

Not sure if I made myself clear enough, in case I haven't:
The appeal of Bitcoin, the sales pitch, was that Bitcoin is immune to human failings, corruption, etc., that instead of needing to trust people, it's sufficient to trust in math ("backed by math").
Turns out no -- just like everything else, you got to trust people, in this case a bunch of manchildren who'll never play nice together.


Welcome to democracy. The system was always supposed to work this way. It was designed to be extremely change resistant and only change when a huge percentage of users agree to the changes. If you don't agree with the proposals then you should do something. Anyone can mine or run a node of their choice, and no one has any more control than what you could have. This is a trust-less system. Only the completely predictable math in the protocol controls the supply, distribution, etc. If you want to change anything just make a version and convince the overwhelming majority of users to follow you. That is what others are doing.
824  Bitcoin / Bitcoin Discussion / Re: Here’s How I Would Bring Down Bitcoin on: February 23, 2016, 09:56:33 PM
.... the people in this thread wow..

So you think a multi TRILLION.. 100's.. of Trillions.. perhaps even quadrillion dollar organizations wouldn't attack the first threat to them in over 100 years...

... honestly....

I honestly do not think such a thing will happen. The reason is because the millions of threads warning of a takeover never include a plausible way for it to happen. Until I see that I will continue to ignore these threads the way I have for years now. Banks may not like it, but what can they do about it?
825  Alternate cryptocurrencies / Altcoin Discussion / Re: The real death of Bitcoin... on: February 23, 2016, 09:42:40 PM
Bitcoin is dead again? Yeah, OK.
I see nothing happening that is not exactly what was expected and consistent with the way the protocol is supposed to work. ETH I know nothing about other than, like all alt coins, it was created to address some perceived problem. I think ETH has no cap and so will eventually burn out. Like all almost every single alt. It is the beanie baby effect. They were valuable for a brief time. Then the producers made a million of them and sold them to suckers. That can't happen with bitcoin because fortunately we will never have a bitcoin CEO.
826  Bitcoin / Bitcoin Discussion / Re: Part 3 – Much more on why clues suggest Peter Todd is probably Satoshi on: February 23, 2016, 06:53:44 PM
Perhaps Satoshi went dark for the same reason Mohamed was buried in an unmarked grave. It is not the man that is important, it's the message.
827  Bitcoin / Alternative clients / Re: Bitcoin app? on: February 23, 2016, 06:47:06 PM
I use the app just called "bitcoin wallet" for android. I like it a lot and you hold the private keys.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

828  Bitcoin / Bitcoin Discussion / Re: Here’s How I Would Bring Down Bitcoin on: February 22, 2016, 08:01:26 PM
It does sound familiar.  Undecided

At least we all have one thing to counter this type of attack, our brains. When I hear someone talking about what he did or what she said instead of the issue I assume this is not about the truth. It is an attempt to persuade me based on my feelings about his/her actions. That does not work on me. I base my financial decisions on mathematics rather than emotion. I kinda think this is true of all serious people and that FUD only works on the weak and fearful.

I can't see a FUD campaign bringing down bitcoin because the people who ignore it are going to be more successful and that will eventually argue more powerfully than childish attacks.
829  Bitcoin / Bitcoin Discussion / Re: Credit Card, Debit Card or Bitcoin? on: February 22, 2016, 07:51:32 PM
Bitcoins are money you actually own and have complete and sole authority to spend. It is the safest, fastest, and cheapest way to send money to anyone in any country.

Debit cards let you access money that the banks own, but that you may uses in a way consistent with their rules. Simply hand over all the information to allow anyone to access your money. Leave it at a website, send it around the world to payment processors, put it out there. What could go wrong?

Credit cards Allow you spend bank owned money that you don't even have. You have the opportunity to go into debt and spend far more than you ever intended on a purchase.

Guess which one I use when shopping online?
830  Economy / Economics / Re: Is America a failed nation? on: February 22, 2016, 06:44:10 PM
Too strong a statement, IMO. I assume you mean "failed state", which has a specific meaning.  However you should consider moving "NSA spying on everybody" into the fail category. Fear comes from insecurity. Like the paranoia that leads to thinking everyone is a threat and must be controlled. Successful, healthy governments trust their people and represent them. Dictatorships spy on their people.

I also think Obama care is in no way a fail. Our healthcare system has consistently ranked dead last in the developed world. We pay far more for drugs and every medical service. Then we receive far less care for that money. It's not single payer yet, but at least we are trying to build something that measures up to the rest of the world.
831  Economy / Speculation / Re: Halving has already Begun, Yes or No? on: February 22, 2016, 04:57:07 PM
For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens.  Huh
832  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: February 22, 2016, 03:00:10 PM
Bitcoin does not operate within a national boundaries. In this regard it's similar to bank notes and it's above the law of every individual nation state.

If you want to, you can pay taxes to your government, or some other government if you don't like yours. In any case, the payment activity you're doing is happening on a mining facility. The company running the mining facility already pays taxes for electricity, staff, so it's pointless to pay tax twice for the same already taxed service.

Exactly, as being international, btc can't be limited by national boundaries!

It means you don't pay direct taxes, though you're still subject to indirect taxation of course.

I don't know where you guys got your law degrees, but in the U.S. that is absolutely no defense at all. "Because it has no national boundaries"? So gold has no tax also? And as far as double taxation  consider this. If I earn a dollar then I must pay tax on that income. Now if I hire you for that same dollar then it is taxed again. In fact if that dollar floats around the economy for years paying lots of people then it is taxed over and over again, not just once. Basically any wealth you make is taxable. Even if you find a gold ring with your metal detector (I think I have read this example) technically you must pay tax on that ring.
833  Bitcoin / Bitcoin Discussion / Re: No One Cares About You on: February 19, 2016, 09:17:10 PM
What have you done to contribute to Bitcoin success ...
Truth, right there. In 2013 vast numbers of users were involved in projects to push forward the bitcoin economy. Now we have vast numbers of freeloaders who think they will get rich from ass sitting. The price has adjusted accordingly. Sorry, but bitcoin offers no free lunch.

Not everybody can be involved in a project. There are people who have normal jobs and work the whole day but they are also interested in Bitcoin. Not everybody here in this space is a tech geek, coder or web developer. I'm one of them.
But what I do is talk about Bitcoin and show to people how it works and what it's benefits are. But this isn't something I could go full time or pay my bills with.
But doesn't it depend on the project? I have frequently done the things on this list and it has worked. I have convinced several local places and I now shop with them. 
1. Ask a locally owned outlet to use bitcoin and help them set it up. All you have to do is show them a service like BitPay.
2. Write an email to a website and tell them you will be a customer if they take bitcoin.
3. Create a fun contest with a $20 bitcoin prize.
4. Volunteer to give a presentation about bitcoin.
5. Have some bitcoin stickers or cards printed up and distribute them.
6. Set up a friends phone with a wallet and give them a bucks worth to play and learn.

834  Other / Off-topic / Re: The craziest shit you can buy with bitcoins right now? on: February 19, 2016, 09:05:11 PM
They craziest shit I saw that was sold where real weapons and other armory stuff.
Its ridiculous what you can buy these days with the bitcoin on these  online  markets.
wow, very terrible if there are people who sell the original weapons with bitcoin. it is something crazy, so far, I only see general merchandise is traded with bitcoin  Shocked

IMO there's nothing really crazy or something buying firearms with bitcoins especially if its sold legally. The crazy part will be, if its sold on the dark net markets, illegally Shocked and unfortunately it is happening Shocked

Yes. I buy guns with bitcoins. So what? There is nothing sketchy about it.
You will get a background check and it will be more supervised than anything else you have bought. It must be shipped to a federally licensed firearms dealer who will then meet with you in person. If you think that you can just buy a gun online and have it sent to you, then you have been watching the ignorant clap-trap found in the TV news. Thouse of us who shoot hundreds of rounds a week and own lots of guns are the people who know, not some reporter who has never been out of cab range from a city.

Here is my favorite bitcoin gun site, but there are many.
http://shop.centraltexasgunworks.com/
835  Bitcoin / Bitcoin Discussion / Re: YouTube star testing bitcoin micropayments for video on: February 19, 2016, 06:32:32 PM
Good idea, but annoying that you have to use Coinbase specifically

Quote
1 Upload your video

Connect your free Coinbase bitcoin wallet to PopChest. Then, upload your video. With micropayments, you can charge as little as $0.10 per view.

I want to be paid directly to my personal wallet, not some data collecting infrastructure bullshit. I hope we can have LN soon so we can be paid directly to our wallets in a decentralized way.

Originally, we built our platform on Mycelium and Hive…both open source wallets. That caused a lot of problems. For example, Hive stopped being developed. And, Mycelium Android works totally differently than Mycelium iOS (different dev teams). Every wallet out there works in their own unique way internally. It's impossible to support them all, so we went with the simple solution so we can focus on the actual media distribution platform rather than spending all our time troubleshooting bitcoin wallets.
That makes sense. Great work man!
836  Economy / Speculation / Re: "bitcoin goes up when stocks go down" on: February 19, 2016, 05:15:25 PM
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh

Would you also expect investors to flood into Random_Shitcoin when markets tank? If not, why?
They do seem to do that with alt-coins? It's not what I do though.
Most of the money I have made in various markets has been made betting against markets. I divested before the last two tech crashes and the 2008 crash. However it hasn't always worked, I take a bath once and a while.
837  Bitcoin / Bitcoin Discussion / Re: YouTube star testing bitcoin micropayments for video on: February 19, 2016, 05:01:15 PM
I like the implementation! No BS, just scan, pay, then watch.
The cool thing is that I think something like this would even work on a TV. I would love a pay-per-view streaming service. No memberships or fuss, just pay and watch.  

Good idea, but annoying that you have to use Coinbase specifically

Quote
1 Upload your video

Connect your free Coinbase bitcoin wallet to PopChest. Then, upload your video. With micropayments, you can charge as little as $0.10 per view.

I want to be paid directly to my personal wallet, not some data collecting infrastructure bullshit. I hope we can have LN soon so we can be paid directly to our wallets in a decentralized way.
Hmmm. yeah, not as good for the content producer. They really need to send it on to your wallet immediately. Perhaps this is to accommodate a fee of some kind?
838  Economy / Speculation / Re: "bitcoin goes up when stocks go down" on: February 19, 2016, 04:53:34 PM
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh
839  Bitcoin / Bitcoin Discussion / Re: 3 Hours no no confirm on: February 19, 2016, 04:50:17 PM
For reference your bitcoin is never lost when it fails to confirm. In some cases you may need to cancel and resend, which is a hassle, but they are safe as long as you have the private key. (you and only you).
840  Bitcoin / Bitcoin Discussion / Re: Bitcoin arcade machine? on: February 19, 2016, 04:44:14 PM
Already been done, I remember a picture with an arcade machine running what probably was mame, and you were able to pay and play games on it, it had the street fighter cabinet, I will try to find the picture.

Edit: Anyway couldn't find that one but I have found this:



This is great and all, but wouldn't you have to wait a long time to start playing the games. This is where fiat or a credit card becomes very handy. Bitcoin just can't do all the things that fiat can and vise versa, thats why we need both in the world.

You can always accept 0 confirmations or wait for Lightning Network which will make instant payments like this pretty much possible so stuff like this could perfectly run under the Bitcoin ecosystem, it already does in casino online games.
Exactly. Why would you require confirmation for a quarter? If the Tx does turn out to be fake then the game shuts off and the operator is out $0.25 worth of game play. So what.
It would be a big hassle for the bad guy and all he would get is a few mins. of game play.

That is what credit cards do at McDonald's, for example. When you buy there the restaraunt has no idea if it is a fake transaction. They don't even check because it would take to long and cost too much. They just gamble that you would not commit credit fraud for a big mac.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 411 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!