 Show Posts
|
|
Pages: [1] 2 »
|
I wonder: Would a Trezor survive liquid nitrogen?
Half-jokingly...USB connector tech has to survive too, which is not likely. Maybe you can use a microscope to get the info, though. Here is something regarding 11th century (and nearby) tech. https://en.wikipedia.org/wiki/Medieval_technologyWell, interestingly enough, wheelbarrow was invented back then (in 12th century). This is not quite 100% a joke: If you really believe Bitcoin is the shit, and it will be worth more later then there is a certain logic with dying with some, then being revived later, remembering your passphrase from long term memory, and having the whole money thing taken care of. 12th century paper and such is quite readable even now, as are long dead languages. It's not impossible to read an 8 inch floppy or a 1950's era core memory you just have to build an interface (trivial with something like a Raspberry Pi and a set of amplifiers). Maybe Cryptosteel anded with a code you memorize. Or a Cryptosteel that decrypts a Trezor wallet that is protected with a passphrase. Might be too easy to hack. Then again in 100 years a Trezor s physical security would probably be trivial as well. Hm. Do I really want to dunk my head in a tank of liquid nitrogen? Ummmm....just remember the seed and tattoo the I have bitcoin message. If you can’t rember the seed then the reanimation was .... |
|
|
|
That fucking arthritis is still bothering me, so I've been to the doctors today. Thought I'd do a Mic and share the experience.  It’s surprises me how medicine is practiced in different places. This pic would be grounds for a huge malpractice claim (in the US) if there was any slight infection post procedure. What in that picture would make you think there is malpractice? No sterile field. No obvious cleansing/disinfecting agent. No personal protection equipment for the provider.( used to keep provider safe but also to keep infective agents from being transferred to patient.) I am not saying this is malpractice. Dr’s are so risk adverse in the US that all of the above would be mandated. If they were not used and an infection ensued would easily be considered malpractice. (In the US). Medicine practiced this way is significantly less expensive than if this same procedure would be done in the US. The white paper cloth under the knee and all the equipment is sterile, the doc washed his hands and then soaked them in alcohol before the procedure, the knee and surrounding areas was washed with alcohol before the procedure. I worked at a hospital in my youth and i must say that this is standard procedure both then and now. I wasn’t trying to demean the care you received. Yours is a perfectly acceptable method. In the US alcohol prep is not considered an effective agent at creating a sterile field. Accessing a joint space like your knee is held to a higher standard of reduced microbial transfer compared to say a blood draw or iv start. An infection in a joint space is much more difficult to treat. I actually wish treatment was more like you received since it would greatly reduce the cost of health care in the US. The patients just look at a medical outcome that is not perfect as a lottery ticket in the US. |
|
|
|
That fucking arthritis is still bothering me, so I've been to the doctors today. Thought I'd do a Mic and share the experience. It’s surprises me how medicine is practiced in different places. This pic would be grounds for a huge malpractice claim (in the US) if there was any slight infection post procedure. What in that picture would make you think there is malpractice? No sterile field. No obvious cleansing/disinfecting agent. No personal protection equipment for the provider.( used to keep provider safe but also to keep infective agents from being transferred to patient.) I am not saying this is malpractice. Dr’s are so risk adverse in the US that all of the above would be mandated. If they were not used and an infection ensued would easily be considered malpractice. (In the US). Medicine practiced this way is significantly less expensive than if this same procedure would be done in the US. |
|
|
|
That fucking arthritis is still bothering me, so I've been to the doctors today. Thought I'd do a Mic and share the experience. It’s surprises me how medicine is practiced in different places. This pic would be grounds for a huge malpractice claim (in the US) if there was any slight infection post procedure. |
|
|
|
.
Jorge, What metric would you use to consider bitcoin a success? I mean a minimum success you would think about personal use. Is there a daily equivalent a USD transacted that equals minimum success or a number of transactions (excluding change if that could be quantified)? What about use for the supply chain? I.e. sell goods for btc and pay for wages or purchase supplies with that btc |
|
|
|
What kind of equity does Bitcoin provide?
The current value if instantly traded into your local currency. Minus the risk of getting the value out of the exchange.
|
|
|
|
How about using your energy to offer a solution. Sticking your finger in the eye of the process is counterproductive. It seems that the most productive people in Bitcoin are offering solutions and getting conversations started. Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution.
Believe it or not, but seeing a centralized non-community based hard-fork process as a problem and opening up a discussion on a possible method to resist/hold off that centralized change until it is more community driven, is in fact offering solutions to problems. Here the problem is centralized driven hard-forks, not block-size limit increases. If no one likes or is on-board with the proposal, then there is little point spending energy on it. But if it resonates with some people then maybe it is. Oh, and people have been talking about large blocks since before Gavin took on his maintainer role. A method to resist is not a solution to a problem. It is a hope for stagnation. Since people have been discussing large blocks since before Gavin took it on, maybe large blocks are needed. I think Gavin's method of suggestion and testing is much more constructive than obstructive and I fail to see how it is centralised. |
|
|
|
Regarding the hard fork/scalability issue: I have never seen so much controversy regarding the way to deal with a problem in bitcoin within the bitcoin community.
You guys saying it's a "Solved problem" or one with an obvious solution?
But what I really don't like about it is there hasn't been any real discussion. Gavin thinks everything will be fine, so it is. I work in tech and know processors really well. Compute scaling has slowed down and will further slow down, there are only so many cores that can be feed data to process. But the real issue is network, network does not double every 2 years. I've been so bothered by it that I've started to contemplate building an affordable AWS node configuration that refuses to propagate the hard fork blocks and open that up. If enough people started such nodes then miners would see that the new blocks propagate more slowly and maybe stick to older blocks out of self interest. Gavin's upgrade cycle requires 80% of blocks over 1000 block period to be new blocks, so if you can get a few pools to opt-out you can block the upgrade. How about using your energy to offer a solution. Sticking your finger in the eye of the process is counterproductive. It seems that the most productive people in Bitcoin are offering solutions and getting conversations started. Without Gavin coding and testing the very large blocks we would not be talking about it or working toward a solution. |
|
|
|
If you re-visit threads from the first half of 2014, you'll see the old bullish regulars declaring with full conviction that the bottom *must* be in now. Plenty of posts with the usual log-linear extrapolations to 1000s of $ per coin were posted again.
....
My point is, in a deep bear market like this, what do you expect the long-term Bitcoin believers to post? Predictions about impending reversals? Done that, and failed. Pat each other on the back for not being affected yet because their entry price was in the single digits? That happens occasionally, and it provokes a justified backlash.
Again, I don't think most of those so-called "bulls" were genuine at all, only a small percentage were real bull long investors that truly care about bitcoin's future. Most of those older bull accounts just belong to disingenuous day traders flipping the script during a rally to "To da moon!", how bitcoin will change the world, bogus charts, rockets/trains, sky high predictions, and other such nonsense because it serves their purpose at the moment. And declarations of "The bottom MUST be in!" is just bull trap fodder spread by day traders trying to unload more coins. Once the rally is over, they eventually log out of those bull accounts, and back into their bear troll accounts and go to town. Starting the bullshit cycle all over again. If you are a newbie that comes here in the middle of a rally, then the joke is on you. You already missed the train for a long while. The good news for true longs is, now during the "Despondancy Stage" is probably a very good time to buy. Thanks for shedding some realism on the situation. Most people here have never been interested in Bitcoin or its applications: that simply is a myth. Before I said that 80 or maybe 90% of the people posting here are only in it for the money, and not for the tech, and I'm gonna stick with that. There's an active movement, and that includes you too SgtBett, that actively make people dream of wealth and grandeur in the future. People only lose when they sell according to their philosophy, while the best thing to do throughout 2014, save during some short lived bumps upwards, was to instantly sell all your Bitcoins. I know the comparison is highly unpopular here, but I still believe that Bitcoin has a lot in common with a ponzi scheme. There is tremendous peer pressure to stay into the 'game', if only to fill the pockets of people that were here before. I almost on a daily basis see people advising new members, that mostly have no clue about Bitcoin or where the price is headed, to buy as much as they can and 'hold'. It really is sickening to see sometimes. Why are you even here? Stop wasting your time and leave. This again: this instant agressiveness against anything that goes against the status quo here. If you rather not read it, press the 'ignore' button as quite a few people tend to do here. A sign of utter intellectual weakness (as it boils down to plugging your eyes and saying 'lalalalala can't hear you!'), but go ahead if that makes you feel better. The reason why I'm here is simply because I still tend to read these boards now and then. I find it highly interesting how Bitcoin is developing and how it goes down, despite the vast euphoria that I witnessed here. Not to laugh at the people that really lost a lot of money - as I honestly feel for them - but more as a social experiment. Cultism is what will hurt a lot of people that read these boards. Don't buy: you have been warned this time, and probably no one else will warn you anymore. From now on, everyone will tell you that Bitcoin will be worth 10.000 bucks in 1 month or 1 year, and that the bottom has been 'reached'. If you have bought, sell now. Heed my words, as people like you always lose money. Walk away and never look back. Wow sounds like 2 differentdifferent people. |
|
|
|
How were you duped into loosing 220,000? Please lay out the math?
Hmm, legal math? I would expect something like, unreasonable expectation + unconfirmed promises = gimme moneys!!! You must be seeing double or triple if you read legal from lay out. |
|
|
|
How were you duped into loosing 220,000? Please lay out the math?
Hmm, legal math? I would expect something like, unreasonable expectation + unconfirmed promises = gimme moneys!!! Figured I would just call him out..... |
|
|
|
|
How were you duped into loosing 220,000? Please lay out the math?
|
|
|
|
|
NASA had
Gemini --> Apollo --> Moon
Just remember that there were a bunch of rockets that blew up a few deaths along the way.
|
|
|
|
...
address reused endless 5 times ... and this address holds "Final Balance 125,056.91900661" BTC !!!
Mother of God! Any address controlling more than 100 BTC keeps me up at night. And I only got lazy and bumped things up to that value because BTC got into the single digit $/BTC. It's not the crypto that bothers me as much as other more course failure modes and the desirability of distribution. edits - slight adjustments. So I guess my android tablet running http://wallet.schildbach.de with around 50 btc would give you palpitations and drive you to drink? ofuckyeah! My mail on an android tablet does this (which is why I don't even do real mail on Android or Windows.) So it's confirmed, your just crazy (or I am). I have only ever lost coins when I was playing around with multiple wallets and trying to learn a little bash scripting when I should have been using the testnet. It's crazy to think about testing with a wallet with a few coins in it a few years ago when it was only 10 USD total. When I realized I had copied over the wallet file and had no backup I thought well that was a good lesson glad I didn't have more coins in that wallet. |
|
|
|
...
address reused endless 5 times ... and this address holds "Final Balance 125,056.91900661" BTC !!!
Mother of God! Any address controlling more than 100 BTC keeps me up at night. And I only got lazy and bumped things up to that value because BTC got into the single digit $/BTC. It's not the crypto that bothers me as much as other more course failure modes and the desirability of distribution. edits - slight adjustments. [/quote So I guess my android tablet running http://wallet.schildbach.de with around 50 btc would give you palpitations and drive you to drink? |
|
|
|
+1 great rant. I read it out loud for best effect.  |
|
|
|
Comments
Note that BTC-e was below the MtGOX/Bitstamp reference most of the time. Also, except at the opening in April 2013, Bitfinex has always been
always almost identical to Bitstamp.
The BTC:CNY prices in BTC-China and OKCoin were quite close, except for a couple of weeks after OKCoin opened on 2013-06-12. However, both varied significantly relative to the MtGOX/Bitstamp reference.
Specifically, the price in China was significantly higher than normal during the ascending phases of the bubbles that peaked on 2012-06-01,
2012-10-01, 2013-04-09, 2013-11-29. The Chinese prices sharply dropped in the descending phases of those bubbles, particularly around 2013-06-01 and 2013-12-20. This behavior is consistent with the theory that those bubbles were created by the opening of markets in China, and markets outside China struggled to follow.
On the other hand, the prices at BTC-China were higher than normal also from 2011-07-01 to 2012-01, and around 2013-06-15, when the price was falling. That may indicate that those drops of the price were due to loss of demand (or increased offer) outside China, and BTC-China lagged behind.
A clear informative post with out excess speculation or seemingly an ax to grind. Worthy of someone in your position keep them coming just like that. Thank you |
|
|
|
[ In the forefront of the defence against those developments: Monero (XMR). Total emission 18M vs. Bitcoin's 21M. Price: 0.0017 BTC. Hedging your position with an equal or higher amount of Monero has seldom been this cheap  Risto I had really hoped you would not just blindly pump..... Monero has never been lower except last week. You have had much better days. |
|
|
|
So what are the predictions for the future?
Sub 100 level? Or will we recover?
Don't know. Don't care about Bitcoin anymore. Haven't been following it so much. Won't even consider investing in it UNTIL the market has shown to have clearly stablised. If that means I end up buying back at prices well above $200 range then that is fine. The pundit who has called Bitcoin market remarkably well has been DanV. Go and google him and watch his YouTube videos.....he would have the long term support line down at the upper $100 range (and has had it there even back when Bitcoin was still firmly in the upper excesses of bubble territory) Yeah right you care enough to follow it so you can post with in hours of changes....... It was much nicer around here without you wailing all of the time. Please stay at sea. |
|
|
|
|
