Snowshow (OP)
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August 08, 2022, 06:43:35 PM |
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the numbers come to existence in a very secure way that actually costs people money to secure its creation. the security ensure random numbers cannot just be added or come to existence via any other method or for free.
the transfer of the numbers can only be done in a secure way by the acquirer moving them to a recipient in a secure way only the current owner can move.
this then is the bases of ownership of value.
Suppose I say to you: "do 10,000 push-up, and after that I will sent you an SMS with this: "5 BTC". Do 50,000 and I'll send you this: "25 BTC". In such deal, the numbers would come to existence in a very secure way that actually costs you energy to secure their creation. But... does that mean an asset called BTC magically appeared?
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franky1
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August 08, 2022, 06:48:59 PM |
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btc is not SMS
YOU ARE IGNORING ALL THE SECURITY FEATURES
learn about signature proofs. learn about cryptography
then instead of making another topic to ask the same ignorant questions. try to actually learn
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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tadamichi
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武士道
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August 08, 2022, 06:50:21 PM |
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Why do you think that you own bitcoins when someone put numbers into some database?
Its not some database, there is only one valid most worked chain, that follows the rules of the protocol. Bitcoins only exist in this one, thats how you know youre owning Bitcoin and not something else, like an altcoin. You cant just arbitrarily put numbers somewhere and claim its Bitcoin, thats not how it works, even tho people tried it before.
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Snowshow (OP)
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August 08, 2022, 07:05:27 PM |
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btc is not SMS
YOU ARE IGNORING ALL THE SECURITY FEATURES
learn about signature proofs. learn about cryptography
then instead of making another topic to ask the same ignorant questions. try to actually learn
How do you know what bitcon is not if you have never ever saw it? And this is not topic about my knowledge but about my question: "have anyone saw bitcoin?" Why do you think that you own bitcoins when someone put numbers into some database?
Its not some database, there is only one valid most worked chain, that follows the rules of the protocol. Bitcoins only exist in this one, thats how you know youre owning Bitcoin and not something else, like an altcoin. You cant just arbitrarily put numbers somewhere and claim its Bitcoin, thats not how it works, even tho people tried it before. Rules and protocols for sending and receiving numbers. I can set up rules and protocols for sending and receiving numbers via SMS, email or Viber communication system. And then claim that a person that recieved "5" owns 5 Porsches. Does that mean Porsches magically emerged in that person's garage? Why do you think that asset emerges when someone sets up rules and protocols for sending and receiving numbers in some communication system like Nakamoto's one?
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Upgrade00
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August 08, 2022, 07:12:03 PM |
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<snip> You are grossly ignorant of how digital technology works, if you base it's authenticity on "seeing" it. And your refusal to learn or do any bit of research shows you are a troll and not an informed one at that. Enjoy your folly
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tadamichi
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武士道
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August 08, 2022, 07:12:56 PM |
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Rules and protocols for sending and receiving numbers. I can set up rules and protocols for sending and receiving numbers via SMS, email or Viber systems. And then claim that a person that recieved "5" owns 5 Porsches. Does that mean Porsches magically emerged in that person's garage?
What happens, when i go to porsches/ some car dealers website pick 5 porsches and leave my garages address and a payment method(that could be Bitcoin) there? They will magically get delivered to my garage(if i had one), but the whole process just went trough databases that collected numbers and letters.
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The Cryptovator
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Crypto Casino and Sportsbook
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August 08, 2022, 07:16:09 PM |
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Stupid question. Have you seen any electronic money ever? Everything in the Digital world is just a number. Like you have a balance in the back, do you see paper money in your account when checking on your smartphone? But you can take our paper money. Why you won't consider this way? Bitcoin you can't see expect a number online, but you can convert it to money. You forgot Bitcoin had a value that had been backed by a large community. Although it's volatile, you may cash out it.
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Snowshow (OP)
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August 08, 2022, 07:25:08 PM |
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Rules and protocols for sending and receiving numbers. I can set up rules and protocols for sending and receiving numbers via SMS, email or Viber systems. And then claim that a person that recieved "5" owns 5 Porsches. Does that mean Porsches magically emerged in that person's garage?
What happens, when i go to porsches/ some car dealers website pick 5 porsches and leave my garages address and a payment method(that could be Bitcoin) there? They will magically get delivered to my garage(if i had one), but the whole process just went trough databases that collected numbers and letters. What happens is that you and dealership registered in Nakamoto's communication system, you exchanged some numbers via it, and the dealership gave you the Porsches. But still, that doesn't answer my question: have anyone saw bitcoin(BTC)? You and dealership doing something cannot make an asset called BTC magically appear. Stupid question. Have you seen any electronic money ever? Everything in the Digital world is just a number. Like you have a balance in the back, do you see paper money in your account when checking on your smartphone? But you can take our paper money. Why you won't consider this way? Bitcoin you can't see expect a number online, but you can convert it to money. You forgot Bitcoin had a value that had been backed by a large community. Although it's volatile, you may cash out it.
Yes I did. Electric money is representation of an already existing money, such as fiat. And fiat is representation of debt. And debt is an asset because actual entities have liability to settle it. Now you. Have you ever saw money called BTC or bitcoin? If yes, where is it?
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Jemzx00
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August 08, 2022, 07:32:54 PM |
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btc is not SMS
YOU ARE IGNORING ALL THE SECURITY FEATURES
learn about signature proofs. learn about cryptography
then instead of making another topic to ask the same ignorant questions. try to actually learn
How do you know what bitcon is not if you have never ever saw it? And this is not topic about my knowledge but about my question: "have anyone saw bitcoin?" The reason why we have never seen bitcoin is because it has no physical form but rather digital one. However, if your concept of existence is “ to see is to believe” then probably bitcoin does not exist on your world. The same goes to brain, as you and us have not seen therefore it also does not exist. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Oshosondy
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August 08, 2022, 07:52:04 PM |
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Fiat is evidence of liability. Liability of one is asset of another. But that's not the topic. I am asking, where did you people get the idea that you own BTC?
Where did you get the idea that you have fiat in bank? But still, that doesn't answer my question: have anyone saw bitcoin(BTC)? You and dealership doing something cannot make an asset called BTC magically appear.
It is called cryptocurrency, a digital asset. Can you see what is not physical? Bitcoin is digital but works like assets like gold, silver, diamond and all other assets that have value. It has limited supply of 21 million and if people are demanding for it, the price will be appreciating/increasing. If people are selling it, its price will be decreasing. Bitcoin was less than $1 like 12 or 13 years ago, but now over $20000. That means one thing, that people knows that its like assets, that people will buy and its value will continue to increase as more people are buying it than selling it. Yes I did. Electric money is representation of an already existing money, such as fiat. And fiat is representation of debt. And debt is an asset because actual entities have liability to settle it.
Now you. Have you ever saw money called BTC or bitcoin? If yes, where is it?
If you have believe in what are physical, go for assets like gold, but that does not stop bitcoin to reach $100000 in some years from now.
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CryptoHeadlineNews
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August 08, 2022, 07:52:32 PM |
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Where did people get the idea that bitcoin exists, given all we see are numbers send to their addresses via Nakamoto's communication system? If someone sent "5" to me via SMS, and write "Porsche" next to it, that doesn't mean I now own 5 spot cars. By what logic did people conclude that just because they received numbers, and see "BTC" in their wallet apps, they own BTC or bitcoin?
I can see you are one of the anti-bitcoin we have on this forum, because right from your first thread titled "How Satoshi Nakamoto fooled the world" followed by the next "The Bitcoin paradox" and this very one titled "Have anyone saw Bitcoin", it actually explains the kind of person you are, an ignorant and adamant individual who is not willing and ready to learn what he/she do not understand. But do you know the funniest thing? Weather you believe in Bitcoin or not, it can never affect the price of Bitcoin. So the earlier you put that into your head and know that bitcoin is real, not a scam and has come to stay, the better for you.. The choice is yours
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franky1
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August 08, 2022, 07:54:00 PM |
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btc is not SMS
YOU ARE IGNORING ALL THE SECURITY FEATURES
learn about signature proofs. learn about cryptography
then instead of making another topic to ask the same ignorant questions. try to actually learn
How do you know what bitcon is not if you have never ever saw it? And this is not topic about my knowledge but about my question: "have anyone saw bitcoin?" yes. over the last 10 years i have read the code multiples times over i have read the code of the cryptography parts and of the consensus rules parts and everything inbetween heck many years ago i even rad the code in c++ and converted it to other languages just for fun and giggle of personal use i have also read the .dat files and everything else in all of the data files i have read the raw data format in binary.. and converted block data and tx data into human readable format so yes i have "seen bitcoin" i understand the code, the rules and the security. the challenge is that YOU appear not to want to learn or try to see it. and instead be ignorant and avoid learning about bitcoin and ignore its security and structure and features. such as the mechanisms of the signature proofs that then allow ownership control so instead of standing at a point of ignorance asking others to agree with you that you think bitcoin is like SMS. you need to understand that bitcoin is not like SMS by actually learning with the rest of people. by actually looking at bitcoin
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Oshosondy
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August 08, 2022, 08:31:01 PM |
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so instead of standing at a point of ignorance asking others to agree with you that you think bitcoin is like SMS. you need to understand that bitcoin is not like SMS by actually learning with the rest of people. by actually looking at bitcoin
He can tell his girlfriend or friend or family member to just send 5 through text message or chat so that he can use it to buy something. The fact is clear that he knows nothing about what he is saying, so ignorant and does not want to learn. I think he is only trolling, but if he is real about this, that means that there are many people that will miss in another bitcoin bull run after next halving.
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tadamichi
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武士道
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August 08, 2022, 08:31:55 PM |
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But still, that doesn't answer my question: have anyone saw bitcoin(BTC)?
Has anyone ever seen their own face? How do we know its actually us in mirrors, reflections and cameras, if we have never seen it ourselves? That is the kind of silly questions youre asking again, i will stop wasting my time on it.
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