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It is a good thing bitcoin does not require any sort of external regulation.
Free market is not just an option for bitcoin, it is the only option.
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A gold ring can be made today from old gold, it is not an antiquity.
Bitcoins may have been created by math but the arrangement is new.
No way will they pass as an antiquity, for for a few hundred years.
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Excuse me for having an opinion despite not passing the bar exam. Tell me, does being pompous come naturally to you or did you take lessons?
Probably as naturally as being a nutty does to you.... I agree. Being nutty comes very natural to me. |
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Dollars are like toy money given to us by our parent governments. They tell us how to use it and watch carefully and they try to get it back if you did something stupid with it.
Bitcoins are like adult money, you control it and nobody can tell you what to do with it. And nobody can help you if you you do something stupid with it.
If the government controlled bitcoin I would have been prevented from losing 10BTC to satoshi dice, but freedom must include the freedom to do something stupid.
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Banks are fucked when it comes to security. My web banking limits my password length to 12 characters... Why the hell would you limit a password length, it is just going to get hashed anyways(god I hope they are hashing them).
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Nobody is forcing you to read his posts, much less respond to them.
This is the marketplace section of the forum not the rumours or gossip section, it is also no the scam accusation area.
About 80% of the posts on this thread amount to nothing more than trolling. First under the excuse that the watch is not real and now that that has been shown wrong the trolling degrading to personal attacks and mudslinging.
If you don't want the watch move on. If you want to have a "lets talk about dank" discussion just go start your own thread.
Tacky.
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Bitcoins may not be a coins, but I do have a bitcoin coin.  Putting a bitcoin into a literal coin is poetic. |
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The Fisch kits are pretty good for detecting fake coins.
They are a great way to spend a lot of money. They work very well but a $20 set of scales and a $15 set of calipers and a table of known coins sizes and weights would do the exact same job for much cheaper. Plus they work on any type of coin. |
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Isn't it ironic that those people who start the largest number of threads have the least useful things to say?
Irony is using a word for something other than its literal intention. The word bitcoin is ironic. Rain on your wedding day is not ironic, it is just annoying. People who start the largest number of threads having the least useful things to say is not ironic, it is counterintuitive. Your use of the word ironic is however ironic. |
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If you mention that you accept bitcoin in your auction they will remove your listing and give you a warning. If you do it again they will ban you.
Bitcoin is going to ruin payment processors like paypal. It is not bad for auction sites but it is bad for ebay because of the way they side with the buyer in the vast majority of disputes. They need the ability to reverse payments or their business model fails.
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Two ways I know of: - They use your payment as one of the inputs when paying you. If it turns out yours was bad then so will theirs
- The other way is to accept instant payment but delay withdrawls until it is confirmed. If it turn out to be bad they just debit your account.
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I have always been interested in the idea of form based contracts being filled in and cryptographically signed and even for such contracts to be able to control the movement of money when requirements are met.
I think one day such simple contracts will be used from point of sale to real estate escrow.
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Test scores don't have value, and it doesn't cost the person anything if you look. That's a bad example compared to Bitcoin, which does have value and does cost the person something if you steal.
Test scores certainly have value if you are trying to get certified for something. And if the class is graded on a curve then you are costing the person you steal from. |
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Breaking a contract may not be a crime, but you can still certainly be sued for it. No you cannot. All contracts have to made in the legal tender of the land to be recognised by the court of the land. If you cannot pay your taxes in it, it's not legal tender. There are plenty of contracts that do not involve money at all. |
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Using bitcoin for in-game currency is a great idea but it could only be made viable if game developers actually retained *some* control over movement of money. If players are the only ones in control of their private keys that prevents the game developer from taxing the economy, the other extreme of the game developer controlling the private keys would essentially be a just another roach-motel scheme where rather than using bitcoins the players would be using *promises* to redeem to bitcoins and would have to rely on the game developer to honor those promises. A hybrid system where balances are held in 2-out-2 multisig escrow account could potentially allow the game developers to tax the players without allowing them to run away or inflate the money supply.
They don't need to tax the economy. They can create wealth by selling fancy weapons, allowing the skipping of tedious level up activities and most importantly when a game monster kills you can takes your coin the monster gives it to its creators, Even if someone decides to flood the game with bitcoins that will just draw people to game to get those bitcoins. Since bitcoin is a larger economy than the game's economy then outside forces will automatically balance it. |
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Some people wear tinfoil hats, I wear a silver foil hat. I am impervious to the cult of the majority or even the vocal minority.
Don't let that scare you away, I am a very nice guy, I just take people on a case by case basis.
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Self-imposed withdraw limits may also be a good idea, and perhaps more convenient to some. Any attempt of changing these limits should required 2-factor-auth or at least produce a notification, and the change should only be applicable 48h later or something.
This is a great idea. Not only can people use it to limit a grab and dash by some theif but it could also be used to enforce a budget on yourself. Also, much must they invented time lock on vaults so that bank managers would stop getting kidnapped in the night you could set it up so that you only have access to funds during hours you know you will be safe. I decide on a budget for a week and I spend it in 3 days. I dream of a machine that will give me money by the hour based on my weekly budget. I spend like a fool. |
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TLDR;  2 factor authentication is available in a lot of formats |
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GPG keys are the basis of the otc web of trust as I have very recently learned. Neat idea. I know how to protect a gpg private key, I can keep the CIA, FBI and the whole alphabet soup from my gpg private key. I agree people who don't understand just how private a private key must be guarded should not activate this advanced feature. But I don't have a non-encrypted storage device in my house. Bitcoin itself depends on protection of private keys. I am confident that I am the only one loggin in if: - I must enter a password
- I must sign a 256 bit string of bytes using my registered key
I would of course have a password for that key that would never be defeated by a dictionary attack. I think you should be able to configure just how locked down your identity should be from simple to cryptogeek. Consider smart devices already exist that will use a private key for you but no reveal it. Chip-Pin credit cards use them. "Smartcards" can do this. Now you can use a bit of plastic with a built in signer, or a laptop, or a server cluster, or your smart phone. |
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