Agree - then simply use Mycelium or any other smartphone wallet on a secured samrtphone only. It even has the advantage of possible backups. Currently I just see the price advantage for TREZOR

Why not ? When I use https://www.bitaddress.org offline it can theoretically produce the same addresses. Is there anything preventing this szenario ?

Finally it means that two address owners share the same address with different private keys. Then where are tansfers going to ?

Forget Primecoin .. wtf of the payment community is interested in the calculation of prime numbers ?

If you can give a guarantie then make a bet on it and you can make lots of Bitcoins: http://btclevels.com/

Basically there is not advantage of TREZOR to a paper wallet + Mycelium App.

But the concept is nice for people who do not own a smartphone.

I wrote it at a different place already. The market is too big for Bitcoin being the only CC.

There are reasons that Litcoin will dig into the space since it is somparible easy to Bitcoin in various ways. It can also be Feathercoin or both.

But what will come along with Bitcoin does not depend on technology. Never in history pure technology made the run. It is more the believe and that depends on usage. Which of the altcoins will be the winner can not be said now. But if it will be Litecoin the the current price level of 0.01 BTC is an absolute entry point for speculators. But who knew what Bitcoin has developed to when the first 10,000 BTC were invested into a pizza 

There is one step Bitcoin has taken now:

 1000 ¥


the next one 200 $
then 200 €
then 200 £


For sure the most important was RMB because Chinese is the market with the biggest potential --  but in this situation it is questionable if the value will drop to lower levels again. I so then good luck for all speculators.

One I made a localbitcoin deal. The seller did not have any device with him. So I gave him my smartphone to execute the order (first time I made a localbitcoin deal). He logged into his account and I was sitting at his side. The deal went OK. But in the evening I saw many tries on my account to open the account - luckily unsuccessful.

My lesson is never to give away any unlocked hardware anymore. And I will not type in any passwords with anybody looking on my fingers for sure.

@Grogorash
You write your wallet was encrypted. I conclude that you use Bitcoin-QT with a local encrypted wallet.dat. To transfer the Bitcoins from your wallet to a new address the thief must have had access to the wallet.dat file and to the password. Maybe was able to inject some kind of trojan software into your system ?

Do you remember the strength of your wallet password. Which kind of security software do you use on your computer to prevent intruder, viruses and malware ? Firewall, virus detector, malware protection, coockie blocker ...

I think it would be important for all of us to analyse this case for fraud prevention in the future.

Sure - but we all will die for sure one day. What kind of statement is that ?

@wingding

Think about asset and value again. Nothing and all can have value. There are some concepts with big value and some goods with small value. Value is just a measurement of market acceptance and request. If enough people are believing and dealing with the same thing, whatever that might be, then it has a value. If the people loose their believe in gold the price will drop on the mining cost level - that might be pretty low according to the existing vast amounts of gold reserves.

Currently I see gold dropping down and Bitcoin raising up.

What the heck is this:

http://coinmap.org/#zoom=17&lat=37.090462&lon=-95.70885&layer=OpenStreetMap

This looks like a seret meeting place for BTC dealers.

ok guys - here is one of my addresses:
19GCgvz9HsnCqhqbSpKiAMcx37sVXLpJAE

I am happy for any donation and please remember the bold marked sentence - I promise not to use it for at least 3 years.   

This is now - wait for 2033 - then the inflation is very low:


If you compare this curve to the USD inflation curve you will see what I mean.

One remark on the term 'inflation' - we are talking about economics not physics. This term as many others undergoes a process and has never defined scientifically unambiguous - eg. http://bit.ly/16d4Aky. But I see the point ...

I see inflation and deflation as independend concepts. Many people see inflation as the rise of prize levels - I just see it as the increasing amount of money (OK - in econmical terms maybe not 100% accurate). Deflation is the process of of an under valued currency adapting to its real buying value due to the limited amount of money (Again - maybe not 100% accurate in economic terms).  Economically the terms inflation (increasing prizes), disinflation (decreasing inflation) and deflation (decreasing prizes) are just bound to the prize level.

If you see inflation as increasing amount of money and deflation as the rising value of money then both concepts can exist side by side without contradiction which makes more sense.

No - I mean what I wrote. Bitcoin is far below its real potential current value. Since the inflation of Bitcoin is very low - 10 BTC every 10 minutes - it is in deflation mode.

Some points:

1. Bitcoin is currently in deflation not inflation (the little BTC inflation is defined by the protocol with 25 bucks for each block)

2. Printing fiat money is theft for sure because the inherent inflation (printing money is inflation) takes the buying value from all existing money of the same fiat sort

3. The statement 'little inflation drives the economy' is not the full truth. It implies that people are scared of loosing their money and put it back into the economy circulation. The bad side is that it also implies interest which feeds people who already own enough fiat money. And the real negative point with that again is that it creates a steady money flow from the poor debted people to the rich wealthy ones. More worse - if the state is debted (the current case) then the whole economy is threatened just by the inflation mechanics. -- One may argue that the Bitcoin deflation has a similar problem because the early adopters profit from the deflation value increase. That is true. But it is not a similar problem because the deflation slows down and may stop some day. Then nobody makes profits just from owning the Bitcoin anymore.

4. One very big problem is the equity covering quote for banks. In Germany it is 7%. That means if a bank has 7000Euro in its safe the bank is allowed to credit 100.000,- Euro to debitors. Inherently the money multiplies many times over a credit chain with multiple banks. This creates a big imbalance between real money and credited money with the well known risks - Lehman Brother was a typical szenario. With Bitcoin this is not possible - you cannot create virtual money - you own the Bitcoin or not - finish.

A nice map of the world mining power. It shows clearly how much spread BTC is on the world already.

https://blockchain.info/de/nodes-globe

LTC is a complete different story compared to BTC. As long as BTC rises in value LTC might not have a chance to develop.

But as soon as BTC deflation slows down LTC may be expected to rise until its value is in balance with Bitcoin.

Think that technically LTC and BTC is nearly the same. And the liquidity of BTC will not be enough to cover the market demand.

But implementation of LTC into services is comparible easy to BTC - no barrier.

ich kann ja mal einen Entwurf machen -