Not too far into the future gold will wort almost 0...

http://www.freeenergysystems.com/LENR_Can_Potentially_Transform_Tungsten_Into_Gold/

The 14K dump was done in order to bring the ask orders closer to market price. If so, be prepared for a huge instant buy!



I give a 10% probability to  that scenario.

 
Here is a publication about LENR:

http://www.borderlands.de/Links/TransmutationC1.pdf

Although really hard to understand the whole publication, it seems that progress is being done in that direction.

Read the conclusions, especially the last 3-4 paragraphs.

By using Low Energy Nuclear Reactions (LENR), Nickel transmutes into copper producing large amounts of heat. Although the physics behind this phenomena is not yet understood completely there is a lot of information on the web.

Here is some:

http://www.youtube.com/watch?v=PSVTg_yfwgg
http://www.youtube.com/watch?v=mxeKeuh_2Bw
http://en.wikipedia.org/wiki/Energy_Catalyzer
http://www.defkalion-energy.com/

What if LENR is used for creating precious metals like gold, silver or platinum with low cost?

http://www.drjoechampion.com/Procedure.htm

Then bitcoin would be the only medium of exchange that has a limited supply.



What do you think?

that's cool!! total chaos!

Excuse my ignorance but i have some more questions!!

Nodes connect to each other randomly or there is some kind of criteria?

How many connections with other nodes can one node make?

If the number and location of nodes are constant,  the way the nodes are connected can be changed? (if yes, what can cause this?)

 

Ok it is not feasible in a way of knowing 100% the exact connections. But in places like Australia, New Zealand, Japan ect where the density of nodes is small (nodes are isolated from the major node volume in Europe and USA), can node connections  be estimated with a good approximation?

Are any secret nodes that can not be detected on the btc node map?

There is a map that shows the  bitcoin nodes all over the world:

http://www.weusecoins.com/globe-bitcoin/

I would like to know if there is a map that shows how the btc nodes are connected to each other.
If not, is it feasible?

Thank you in advance!

thanx!

   

There is a study about 2 possible bitcoin attacks. The one is the 51% attack (majority power attack) and the other is the "segmentation" attack.

Is there any discussion about the "segmentation" attack?

download the PDF from here

"BitCoin -- Ruven Chu and Andrew He"

http://www.stanford.edu/class/cs259/WWW11/

There is a study about 2 possible bitcoin attacks. The one is the 51% attack (majority power attack) and the other is the "segmentation" attack.

Is there any discussion about the "segmentation" attack?

download the PDF from here

"BitCoin -- Ruven Chu and Andrew He"

http://www.stanford.edu/class/cs259/WWW11/



                                         

thanx!

what if someone tries to generate a huge number of bitcoin addresses for himself (99,99999...%)? I think that the possible number of genarated addresses  is enormous but not infinite. So is there any restrictions of preventing someone of doing it? Is this senario possible?

The bitcoin was under attack for a long time if you remember. An attack must be unleashed to the system as a reaction. Try to see the whole system as a competitive body to the bitcoin community. If flaws are detected to a system then loses acceptance and other alternative systems that do not have the same flaws gain acceptance.

To become bitcoin successful you have to hit the banks. In order to hit the banks you have to hit their trust.
Maybe this is the opertunity:

http://www.hellenesonline.com/go/2011/09/donation-of-a-share-valued-at-650-billion-euro-filed-at-the-greek-tax-office-in-patras/

spread the news...