Bitcoin Forum
May 12, 2024, 12:15:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 »
1781  Bitcoin / Press / Re: [2015-12-30] Finding The Right Bank Partner In The FinTech or Bitcoin Industry on: December 30, 2015, 11:50:12 PM
There is a lot of PE money flowing into bitcoin startups.
When these companies start scaling up, the PE expertise will definitely help.
1782  Bitcoin / Bitcoin Discussion / Re: [CNBC] All currency crash (even with QE, massive QE !) ... but not Bitcoin. on: December 30, 2015, 11:46:26 PM
The low base effect?
After the major crash in 2014, a recovery was just waiting to happen.  Smiley
1783  Bitcoin / Bitcoin Discussion / Re: A security threat ? on: December 29, 2015, 01:55:11 AM
I stumbled across this website earlier today .... http://directory.io/9

Is this a possible security threat. I understand there is a HUGE amount of pages, but this site has every private key on record, couldn't they make a program to filter out the keys which have available balance ??


Every private key on record?
If that were possible, Bitcoin wouldn't exist right now.
You can stop worrying about it.  Smiley
1784  Bitcoin / Bitcoin Discussion / Re: Would you trust your Bitcoins to a Bitcoin Bank with annual 10% interest rate? on: December 29, 2015, 01:53:32 AM
10% on a deflationary currency (at least in the long term) is way too much to expect.
I will be happy with a much lower rate (assuming that the bank is well rated).
1785  Bitcoin / Press / Re: [2015-12-28Tunisia Becomes First Nation To Put Nation’s Currency on a Blockchain on: December 29, 2015, 01:49:29 AM
As long as the Tunisian Dinar remains a currency which is centrally controlled, there will be no significant advantage in implementing the blockchain. To the layman, it will look just like any electronic transfer mechanism.
1786  Bitcoin / Press / Re: [2015-12-28] 10 Bitcoin Startups That Didn’t Make It To 2016 on: December 29, 2015, 01:44:42 AM
Some of those in the list (especially GAW) are alleged to be scams.
We should be happy that they didn't make it to 2016 (and scam more people).
1787  Economy / Services / Re: Ore mining Signature campaign Reopening (FULL) on: December 29, 2015, 01:40:50 AM
Nobody expected master-P to disappear with the funds.
This is indeed disappointing.

Yahoo, I would advise you to PM all participants informing them about what has happened.
I don't think anybody who visits the forum will be unaware of what has happened, but you can't be sure.

For the record, I will wear the signature till the end of the scheduled term (30-Dec).
1788  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: December 27, 2015, 06:56:17 AM
My bank account gives me interest. All tough it is not a whole lot it gives me a solid reason to choose for my bank account.
Having your money sit there and earning on interest is a great feature, no other bitcoin wallet provider offers this at this moment.

I can be big if they develop a non-scam lending platform.

Interest offers a partial offset against the inflationary aspect of fiat.
Since bitcoin's supply is fixed, the interest rate will be very low compared to fiat.
You need to give time for bitcoin banks (which offer interest) to develop.
1789  Bitcoin / Press / Re: [2015-12-23] Bitcoin Cracks 100 Million Transactions, Comes of Age on: December 27, 2015, 06:53:13 AM
It is an important mile stone for the 100 million transactions. But more of the transactions are dust and so called stress test. Maybe the next 100 million transactions will be more important.

You also have transfers within wallets. Smiley
I wonder what portion of these 100 million transactions would be gambling transactions? My guess is a significant number.
1790  Bitcoin / Press / Re: [2015-12-26] Tech behind bitcoin can help check counterfeiting: RBI on: December 27, 2015, 06:49:10 AM
Most central banks are cautious about bicoin, but support of block chain technology. Hope they will support bitcoin in the future.

It is usually banks which are gung ho about blockchain technology, primarily because of its potential to cut costs.
Central banks usually maintain a cautious stance. RBI is talking about security, which is good.
1791  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: December 26, 2015, 04:26:31 AM
i hold all my money in bank though i have some in my blockchain wallet either
I do not agree with doing this.  Holding all your money in the bank allows everyone to see what you are spending your money on and why.  I do not like someone being able to look over everything I do in my life.  If I want to go the the sex toy store and buy the biggest toy I can buy (just an example), i do not want to be judged and in my opinion, that is all banks offer. 

Holding money in the bank doesn't allow everybody to see it.
Only the bank employees can see and I doubt if they care if you are buying sex toys.
It is your responsibility to ensure that you don't allow bank statements to fall into the hands of your spouse.  Grin

The blockchain on the other hand is transparent.
If you are not careful about your privacy practices, your life can become an open book.  Smiley
1792  Bitcoin / Bitcoin Discussion / Re: Work colleagues laugh at me getting into Bitcoin on: December 26, 2015, 04:23:49 AM
So was just wondering has anyone else on here had similar experiences and how did you deal with it?   Wink

I show them the price it was at in 2012 and show them the price it's at now, then I smile and walk away and never mention it again until they mention it to me.

Sometimes, they may show you the price it was at in end-2013.
Price is almost the last thing you should talk about when you list bitcoin's advantages.  Smiley
1793  Bitcoin / Press / Re: [2015-12-26] Tech behind bitcoin can help check counterfeiting: RBI on: December 26, 2015, 04:21:26 AM
It is interesting to see central banks actually begin to appreciate bitcoin and the blockchain.
Quite a change of heart from the RBI. India can be a huge market for bitcoin, if opinions about it change.
1794  Bitcoin / Press / Re: [2015-12-23] Why bitcoins are big news for online gaming on: December 26, 2015, 04:16:46 AM
Yep, btc is huge for gambling and if all else fails with it, at least people are going to want to gamble semi-anonymously which means bitcoin won't die.  Hopefully.  I agree, it is kind of a match made in heaven...

Along with anonymity, you have that gambling may be illegal in some jurisdictions.
Unfortunately, governments cannot implement such bans when bitcoin is used.
1795  Bitcoin / Press / Re: [2015-12-23] Why bitcoins are big news for online gaming on: December 25, 2015, 04:34:32 AM
The idea for bitcoin was first circulated in 2010.

Well, they got their dates wrong. Smiley
Bitcoin is a natural fit for anything done online. I am surprised that it has taken so long for online gaming involving bitcoin to gain traction.
1796  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: December 25, 2015, 04:30:58 AM
Because it easy to use and instant transaction and also its anonymous..

Easy to use - not for a tech challenged person.
Instant transaction - Not really, block confirmations average 10 minutes, but could take longer. Credit card transactions are instantaneous.
Anonymous - Bitcoin transactions are pseudonymous, not anonymous
1797  Bitcoin / Press / Re: [2015-12-24] Could Bitcoin Blockchain Save Banks from Hacking Attacks and Theft? on: December 25, 2015, 04:26:22 AM
I doubt if hacking attacks are that worrisome to banks. They would account for a small portion of overall losses.
Plus banks typically have insurance to cover these losses.
Moreover, to the public at large, banks security systems are more robust compared to blockchain.
1798  Bitcoin / Press / Re: [2015-12-23] Lower Supply Seen Pushing Bitcoin Price up on: December 24, 2015, 06:54:18 AM
Yet another article about how the halving reduces the supply and causes the price to rise. It is sad to see that misconception being repeated everywhere.

This article seems to acknowledge that the logic is flawed, and they have a reason to cover that - efficient market hypothesis does not apply to the bitcoin market.  Smiley

“The bitcoin market is still in its infancy, and I don’t think that factor is discounted into the price fully,” he said.

The flaw is in the premise. The halving does not cause a decrease in the supply.

Well, I wouldn't crucify for them.
They could have said lower supply of new bitcoins.
1799  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: December 24, 2015, 06:53:13 AM
For me is real money, but i use it mostly for betting and gambling....never bought anything, and still haven't ATM's in my country [ITA]
Want to try the emotion of withdraw BTC from ATM  Grin

Bitcoin ATMs are not that prevalent in all countries.
Technically, once bitcoin becomes widely adopted, you wouldn't find the need to convert bitcoins into fiat.  Smiley
1800  Bitcoin / Press / Re: [2015-12-23] Bitcoin Blockchain Tech Can Save Banks Billions in Fines on: December 24, 2015, 06:45:38 AM
I doubt if it was just inefficiency. The banks profited a lot from those mortgages and maybe system efficiency and failure to keep track are just convenient excuses.
They probably made more money from those products than what they paid in fines.
Pages: « 1 ... 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 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!