BITCOIN Q AND A - LAST AND NEW Q`S

[megynacuna]

Secured not enough nowadays

I'm afraid of this.
Let there be peace in the whole world.

There's no need to be afraid, people are just speculating about security here, and in hopeful nothing will go wrong that will trigger any security breaches after August 1. Just stay positive and live for nothing evil is going to happen to Bitcoin.

[JNiks_ZLisa]

Secured not enough nowadays

I'm afraid of this.
Let there be peace in the whole world.

There's no need to be afraid, people are just speculating about security here, and in hopeful nothing will go wrong that will trigger any security breaches after August 1. Just stay positive and live for nothing evil is going to happen to Bitcoin.

But this about War, not about computer security.

[19Nov16]

I think this is just a hard-to-verifiable opinion, I'm sure bitcoin is made not to be a problem but to solve financial problems, and this is certainly unthinkable.

[bs.glory]

"The relationship between monetary and economic systems is a dynamic process.
There is a broad public consensus that the underlying trend is one of a growing
importance and visibility of money. As money becomes more ubiquitous
throughout the economy, it morphs into a self-sustained financial system, simultaneously
the support and the object of economic exchanges. Its complexity
increases, its transparency decreases and its behaviour becomes ever more difficult
to comprehend and to predict. The omnipresence of markets has changed the
nature of value determination. Value is no longer established by reference to
objective and immutable rules and yardsticks but by a trading process, which
makes it unstable and path-dependent.
As a result, the economic system is subject."

- My favourite PDF for digitalized money

[JNiks_ZLisa]

"The relationship between monetary and economic systems is a dynamic process.
There is a broad public consensus that the underlying trend is one of a growing
importance and visibility of money. As money becomes more ubiquitous
throughout the economy, it morphs into a self-sustained financial system, simultaneously
the support and the object of economic exchanges. Its complexity
increases, its transparency decreases and its behaviour becomes ever more difficult
to comprehend and to predict. The omnipresence of markets has changed the
nature of value determination. Value is no longer established by reference to
objective and immutable rules and yardsticks but by a trading process, which
makes it unstable and path-dependent.
As a result, the economic system is subject."

- My favourite PDF for digitalized money

https://pastebin.com/ZUxTmR99

[iluvpie60]

All you need to know is that Bitcoin will still exist on August 1st.

Read the post from theymos at the top of every screen that talks about what to do with your coins.

[JNiks_ZLisa]

I think this is just a hard-to-verifiable opinion, I'm sure bitcoin is made not to be a problem but to solve financial problems, and this is certainly unthinkable.

Have bitcoin-core sources, it open, any one can check this opinion.

[iamTom123]

This is a simple breakdown, fair enough. Yes, it is not correct 100%. But for everyone else who does not pretend to be an expert, this is more than enough. Thank you for the,,, alternative viewpoint.

This post is just adding its own "drama" to the bigger drama out there. I am tired of reading all the post pertaining to August 1 and the possible fork and split of the Bitcoin network. Will there really be a split? Or we are witnessing the birth of a new altcoin named BitcoinCash (BCC)?

Most of the well-known exchanges already made their stand regarding BitcoinCash and they are not supportive of the said coin though it appropriated on itself the name Bicoin...still nothing beats the original in terms of trust and coverage.

[CARrency]

Secured not enough nowadays

I'm afraid of this.
Let there be peace in the whole world.

There's no need to be afraid, people are just speculating about security here, and in hopeful nothing will go wrong that will trigger any security breaches after August 1. Just stay positive and live for nothing evil is going to happen to Bitcoin.

But this about War, not about computer security.

That escalated quickly.
Being secured doesn't mean you let your bitcoin wallet in the hands of the people who made the wallet, you yourself shpuld also be careful to your accounts connected to that wallet. Because those information can be used to identify your wallet and rob you your sweet precious bitcoins.

[Qartersa]

Secured not enough nowadays

I'm afraid of this.
Let there be peace in the whole world.

There's no need to be afraid, people are just speculating about security here, and in hopeful nothing will go wrong that will trigger any security breaches after August 1. Just stay positive and live for nothing evil is going to happen to Bitcoin.

But this about War, not about computer security.

That escalated quickly.
Being secured doesn't mean you let your bitcoin wallet in the hands of the people who made the wallet, you yourself shpuld also be careful to your accounts connected to that wallet. Because those information can be used to identify your wallet and rob you your sweet precious bitcoins.

Uhmm, there is totally no way anyone can get a hold of your wallet unless you share your private key.
What are you talking about securing accounts connected to wallets here? I am confused what you want to point out.

[JNiks_ZLisa]

This is a simple breakdown, fair enough. Yes, it is not correct 100%. But for everyone else who does not pretend to be an expert, this is more than enough. Thank you for the,,, alternative viewpoint.

This post is just adding its own "drama" to the bigger drama out there. I am tired of reading all the post pertaining to August 1 and the possible fork and split of the Bitcoin network. Will there really be a split? Or we are witnessing the birth of a new altcoin named BitcoinCash (BCC)?

Most of the well-known exchanges already made their stand regarding BitcoinCash and they are not supportive of the said coin though it appropriated on itself the name Bicoin...still nothing beats the original in terms of trust and coverage.

SEGWIT periodically make problems with Litecoin:



And btc-e.com hack posibly caused by new SEGWIT software.

[xbiv2]

so fees is pretty low now
https://bitcoinfees.earn.com/