cypherdoc
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Activity: 1764
Merit: 1002
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August 17, 2012, 03:55:15 AM |
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the 51% attack is history.
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dissipate
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August 17, 2012, 04:07:39 AM |
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You'd think a government would announce something like that. And any change in the law would require an act of congress or the supreme court...I doubt Uncle Sam is ever going to be happy about Bitcoin unless they can control it. Will we see a fork for UncleSamCoins? I doubt that too. Is Uncle Sam gonna allow banks to hold Bitcoin as currency for meeting reserve requirements? I doubt it.
But now I really am curious...
UncleSamCoins is never going to happen unless it is something like MintChip, but that's centralized. There will never be a P2P UncleSamCoins or MintChip. I've said it before, and I'll say it again, the blockchain and the basic rules and operation of the protocol are not going anywhere. There is now over $100 million in the blockchain and protocol. Any major rule changes from Gavin & Co. on Bitcoin.org will probably result in an almost instant forking and mass defection to another client with the current blockchain. It would surely cause chaos initially and would probably cause a big price drop, but it would happen.
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BkkCoins
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August 17, 2012, 04:35:43 AM |
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So much fuss and some truly bizarre ideas. I'm 91.3% sure it's just a formal announcement of multisig. Sure, we know about that coming and have for a while but he's talking about public announcement.
I think in terms of the general public multisig and the finance features that brings with it and the stability that should result from better security are all going to be big. Recall he says it should result in more "stability". So it's not going to be some far fetched of unheard of change.
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drakahn
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August 17, 2012, 04:48:13 AM |
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I'm not gonna say what the announcement is....but I will say that you are all wrong and no one is even close lol (Well...some of you were kinda close)
-Charlie
You mentioned something once before I think, about a surprise that will change what people think the government thinks of bitcoins... so I'll guess its some sort of basis for bitcoin being protected legally Ok, I take it back. Your the closest. Nuff said, Im gonna get shot for saying this much. People are still saying multisig... If I was some kind of guy that isn't lazy overhere I would find the old post where it was revealed months ago
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14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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Bitcoin Oz
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August 17, 2012, 05:38:42 AM |
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There will be a government ruling on the legal status of bitcoin is my best guess.
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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending
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August 17, 2012, 06:32:43 AM |
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I know! I know! We're all going to Pattaya!!!!!
I think it's better than that. Gavin is going to announce that he's related to Marc Andreessen, along with there's going to be a Conehead invasion.
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ffe
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August 17, 2012, 06:45:17 AM |
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Greece or some other sovereign nation is adopting Bitcoin as legal tender. Bitcoin will trade on FOREX.
I bet the Royal Canadian Mint is going to adopt the Bitcoin model for it's e-cash proposal.
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sandos
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#SWGT CERTIK Audited
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August 17, 2012, 07:38:12 AM |
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Greece or some other sovereign nation is adopting Bitcoin as legal tender. Bitcoin will trade on FOREX.
I bet the Royal Canadian Mint is going to adopt the Bitcoin model for it's e-cash proposal. That is actually not impossible, albeit not probable. And if so, woooh!
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Carlton Banks
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August 17, 2012, 08:58:16 AM |
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Iran and China are pricing their Oil trades in BTC?
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Vires in numeris
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BkkCoins
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August 17, 2012, 09:15:42 AM |
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The market's certainly been moving and this tends to make me think that some people know what's going on behind the scenes.
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Boussac
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e-ducat.fr
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August 17, 2012, 09:18:07 AM |
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@stephen gornick
Some kind of W3C-like organization to manage BIPs, including Google's sponsorship ?
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D.H.
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August 17, 2012, 09:27:36 AM |
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Perhaps some organizational sponsorship or something like that?
That's kind of what I was thinking. Some sort of funding that would allow more people to work full time on the project. Would be nice.
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www.bitcoin.se - Forum, nyheter och information på svenska! (Forum, news and information in Swedish)
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dissipate
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August 17, 2012, 09:29:33 AM |
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Perhaps some organizational sponsorship or something like that?
That's kind of what I was thinking. Some sort of funding that would allow more people to work full time on the project. Would be nice. Could be the launching of Gavin's Bitcoin Foundation: https://bitcointalk.org/index.php?topic=49841.0Edit: someone beat me to it above ^^
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caveden
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August 17, 2012, 09:30:44 AM |
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What should have been obvious since all development decisions are done in a publicly accessible mailing list. This is open source, after all. There should be no "secret development announcement", with the exception of critical bug fixes like that denial-of-service one. At least that's how I hope things happens... I confess I don't read the mailing list myself.
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reg
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August 17, 2012, 10:45:14 AM |
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What would stabilize BTC and put it permanently out of reach of government and legal control (where It belongs)?
I think it will be adoption of BTC as a payment method by a major player!
It would involve Gavin because a responsible company/country would need assurances that the system could cope (it would be worldwide).
The first major player to do it will take 3% on profit margin to its bottom line and give it such a competitive edge it will be unstoppable.
It would be a fait accompli-usually used by women but to great effect against credit cards, paypal and bank transfer fees!
All the other options are either known, in progress or not significant enough to affect system dynamics? reg.
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BkkCoins
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August 17, 2012, 11:59:45 AM |
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Kim Dotcom will launch a new file/music/whatever sharing service that uses bitcoin as the currency of choice Iceland will start a trial where they accept tax payments denominated in Bitcoin, just to spite London for harbouring all those convicted criminal bankers. Both of those would be awesome. Keep dreamin' - though Iceland is small enough that maybe government support and gradual introduction may be feasible as a secondary currency.
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Carlton Banks
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August 17, 2012, 12:15:01 PM |
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Iceland don't have a lot of international obligations if I remember rightly, could indeed be a geniune likelihood
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Vires in numeris
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barbarousrelic
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August 17, 2012, 12:42:48 PM |
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Bitcoin will start including a built-in default Tor client for connections.
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Do not waste your time debating whether Bitcoin can work. It does work.
"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.
There is no such thing as "market manipulation." There is only buying and selling.
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