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Cconvert2G36
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February 27, 2016, 01:01:09 AM |
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Gentlemen!
You call this follow through volume? Snap out of it, you saw the jpg, BUY! Mewn is next.
lol at china volume painting
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BlindMayorBitcorn
Legendary
 Offline
Activity: 1260
Merit: 1116
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February 27, 2016, 01:08:15 AM |
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Bullish!* *(Don't hurt me, Fatman) |
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Cconvert2G36
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February 27, 2016, 01:17:28 AM |
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Bullish!* *(Don't hurt me, Fatman) It's nice work, to be sure. Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you. Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part] |
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adamstgBit
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Activity: 1904
Merit: 1039
Trusted Bitcoiner
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February 27, 2016, 01:22:28 AM |
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Bullish!* *(Don't hurt me, Fatman) i guess this is what the bump is about nice 10$ sipke. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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February 27, 2016, 01:29:22 AM |
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Bullish!* *(Don't hurt me, Fatman) It's nice work, to be sure. Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you. Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part] My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me. |
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JayJuanGee
Legendary
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Activity: 4410
Merit: 14259
Self-Custody is a right. Say no to "non-custodial"
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February 27, 2016, 01:33:56 AM |
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why the price is not moving at all, we surely need some price increases if we want to attract more people to the bitcoin, also the stable price is very boring i must admit, i cant make too much money out of trading bitcoin
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time. >70% chance it resolves down IMO I believe that this is the true reverse adam indicator in action, and no reverse psychology is being attempted in this here prediction.. Therefore, everyone, better get "all in" (or at least 70% in), since we have a 70% chance of going up.... Hahahahahaha.. I am not trying to troll you Adam, but it seems that the RAI has proven reliable, again. Thanks for that little pump.   |
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Cconvert2G36
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February 27, 2016, 01:34:08 AM |
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Bullish!* *(Don't hurt me, Fatman) It's nice work, to be sure. Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you. Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part] My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me. The linked article describes the execution of a sort of smart contract. I'll settle for an explanation of how this allows Monero-like transactions [for totally not drug deals ofc], using BTC as a currency. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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February 27, 2016, 01:40:28 AM |
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Bullish!* *(Don't hurt me, Fatman) It's nice work, to be sure. Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you. Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part] My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me. The linked article describes the execution of a sort of smart contract. I'll settle for an explanation of how this allows Monero-like transactions [for totally not drug deals ofc], using BTC as a currency. Man, you guys taught me everything I know. I can't answer these questions. I just come here to shout out random numbers. Next stop: 15,000! |
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BitUsher
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Activity: 994
Merit: 1035
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February 27, 2016, 01:43:15 AM |
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It's nice work, to be sure.
Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.
Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]
ELI5 : An Individual can prove the authenticity of a digital item without disclosing the details to insure privacy or prove they actually have the information without giving away information before an agreement or sale is made. Some applications off the top of my head: - ZK-payment trustless* mixing without the need for third parties
- Removing many required escrow agents from the sale of digital goods or information
- More secure trustless* and verifiable auditing
- Proof of registered assets or properties that can independently be audited(property titles) without disclosing details (location) that could compromise privacy
- Smart contracts that can independently be audited for veracity but without disclosing the details therein for privacy
Example of use case from article-- "An example application would be the owners of a particular make of e-book reader cooperating to purchase the DRM master keys from a failing manufacturer, so that they could load their own documents on their readers after the vendor’s servers go offline. This type of sale is inherently irreversible, potentially crosses multiple jurisdictions, and involves parties whose financial stability is uncertain–meaning that both parties either take a great deal of risk or have to make difficult arrangement. Using a ZKCP avoids the significant transactional costs involved in a sale which can otherwise easily go wrong." * Trustless within the constraints to a secure trust minimized block chain like bitcoin. Nothing is completely trustless. |
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tommorisonwebdesign
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February 27, 2016, 01:46:33 AM |
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From everything I'm reading Bitcoin is going to the moon. If I had extra cash I would buy some Bitcoin. I need my fiat to live on.
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Cconvert2G36
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February 27, 2016, 01:50:27 AM |
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It's nice work, to be sure.
Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.
Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]
ELI5 : An Individual can prove the authenticity of a digital item without disclosing the details to insure privacy or prove they actually have the information without giving away information before a agreement or sale is made. Some applications off the top of my head: ZK-payment trustless* mixing without the need for third parties Removing many required escrow agents from the sale of digital goods or information More secure trustless* and verifiable auditing Proof of registered assets or properties that can independently be audited(property titles) without disclosing details (location) that could compromise privacy Smart contracts that can independently be audited for veracity but without disclosing the details therein for privacy Example of use case from article-- "An example application would be the owners of a particular make of e-book reader cooperating to purchase the DRM master keys from a failing manufacturer, so that they could load their own documents on their readers after the vendor’s servers go offline. This type of sale is inherently irreversible, potentially crosses multiple jurisdictions, and involves parties whose financial stability is uncertain–meaning that both parties either take a great deal of risk or have to make difficult arrangement. Using a ZKCP avoids the significant transactional costs involved in a sale which can otherwise easily go wrong." * Trustless within the constraints to a secure trust minimized block chain like bitcoin. Nothing is completely trustless. I read the article. I was just hoping for there to be some kind of untapped demand that would be served here, maybe you've described it... Onwards and upwards! To registered assets that can be independently be audited(property titles) without disclosing details (location) that could compromise privacy(!) [An update on the solar solo mine would be groovy too.] |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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February 27, 2016, 01:51:25 AM |
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3rd party mixing services have got to go. How would this mixing work exactly?
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BellaBitBit
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February 27, 2016, 01:59:02 AM |
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Could be. Something is definitely going on and China is fully back from the Chinese New Year holiday that was nearly 2 weeks. Many people on here talked about that the price would remain quiet at sub 400 for awhile during that and indeed it did. |
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ChartBuddy
Legendary
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Activity: 2870
Merit: 2447
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 27, 2016, 02:00:44 AM |
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Cconvert2G36
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February 27, 2016, 02:06:46 AM |
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3rd party mixing services have got to go. How would this mixing work exactly?
It's all very technical Mr. Corn. Imagine, if you will, coins moving, but the reason that they moved from here to there is somewhat obfuscated, secured by a small smart contract, with little identifying information between the contract and the coins moving... You can imagine the amount of exchange accounts being registered right now, to take advantage of this break through. Mewn boys, mewn. |
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arklan
Legendary
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Activity: 1778
Merit: 1008
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February 27, 2016, 02:11:29 AM |
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nice little launch this evening.
think it'll hold past monday?
i'll bet my entire btc supply that it won't!
(that's 5,242 WHOLE satoshi's!)
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BitUsher
Legendary
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Activity: 994
Merit: 1035
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February 27, 2016, 02:15:36 AM |
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3rd party mixing services have got to go. How would this mixing work exactly?
There are many other methods of removing 3rd parties in mixing services , This allows one to both remove the third party and do so privately without outsiders knowing. "Many other transaction types also use the same hash locked pattern, but privacy can be further improved: A ZK-payment can be transformed using the CoinSwap approach where they payer first pays into an ordinary 2-of-2 escrow+refund with the payee. The then would perform the ZK-payment transactions described above externally to the Bitcoin network, and if everything goes through without cheating the payer just signs a 2-of-2 release to pay the payee directly, without disclosing to the network that a hashlocked transaction was used. If the payer fails to release the escrow directly, the payee can just release it by announcing the hashlock and hashlock redeem. " ---------------------------------- Wrapping ones head around these concepts may be tricky at first but using them after the code is written can be so simple that your grandmother can execute a zk-SNARKs without actually understanding the underlying code. This is going to have far reaching implications that is going to radically effect everyday life. There is a long list of implications and use cases that I could discuss ad naseum, Here are some more- Hackers or security researchers could sell exploits/bugs with security bounties and privately and securely prove the information is legitimate without compromising their identity and risking litigation from an embarrassed organization. Securely validate identities without disclosing the details Authenticate data or passwords without disclosing the secret or password |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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February 27, 2016, 02:21:34 AM |
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Criminal smart contracts is so bullish.  |
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BitUsher
Legendary
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Activity: 994
Merit: 1035
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February 27, 2016, 02:23:22 AM |
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[An update on the solar solo mine would be groovy too.]
When building a Solar power grid or using microhydro one must plan for peak electrical use. I prefer Microhydro, but the cost of solar is getting much cheaper every year. Normally, one would float charge batteries and than burn off extra electricity to heat water , but I find that solar water heaters are better suited for this task, and excess electricity that would normally be discarded is used to mine bitcoin. What would be the best of all worlds is using those ASICs to heat water as well to close the loop and recycle the waste heat. |
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