How easy it is to KILL bitcoin.

[Decksperiment]

Yeah but who's gonna wait the time it takes to prepare a download that then takes the same time to download it? You stay here, am away to the pub.. so many irelevant posts to the topic.. ah well.. I'll stick with getting my illegal files via google torrents, no sign up, no waiting..

[Ayers]

the only way to kill it is with 51% right?

[Buffer Overflow]

If you want me to stand up for what I believe in, pay my fare to his location and I'll solve the fuckin problem!!

And what problem would killing him solve? You can't undisclose what's been disclosed.

Do you actually know whom Snowden is or what he did? I don't think you do. My I recommended "The Snowden Files by Luke Harding" ISBN 978-1-78335-035-3

Sit down in a quiet room and educate yourself.

[CharHill]

They all times upgrade btc. I think they can to fix all problems.

[phillipsjk]

Edit: Ok, apologies for how I come across to you, but being Scottish, I h8 anyone using the english language, trying to tell me what I said knowing I did'nt, please accept my apologies..?

It's ok. I did not explicitly spell out the logical steps.

The reason the topic drifted from BItcoin is that you are very misinformed about how it works.

You talk about things that are impossible as if they are obvious to anyone who knows even a little about computers. For example, Bitcoin addresses are not inherently linked with IP addresses (I think I dimly recall that was a little-used option at one time).

If you are going to read one document about Bitcoin, I suggest The original whitepaper.

[Buffer Overflow]

For example, Bitcoin addresses are not inherently linked with IP addresses (I think I dimly recall that was a little-used option at one time).

Bitcoin did allow sending coins to an IP address once. This has now been disabled because of the danger of man-in-the middle attacks with this type of transaction.

Bitcoin transactions carry no IP information, though I'm guessing the node that first broadcasts the transaction could be identified if the NSA controlled enough nodes.

If you don't want to transmit your transactions yourself, simply post your signed transaction in hexadecimal format here via tor, and they will broadcast it for you.

https://blockchain.info/pushtx

[snaxion]

Do us a favor and stay at the pub. 

[bornil267645]

think of all the good things bitcoin can do in our lifestyle. Why you want to kill something like that?

[digitalindustry]

Seize of ISP packets by NSA or anyone else would be an international scandal, much bigger than all the Snowden revelations together.

Things need to worse a lot for that be a real short term menace. And even if it becomes a menace in some parts of the world, it won't be in ALL the world, unless they create the unified world goverment, what is far beyond to happen.
If your ISP screw things for you, you can use sattelite internet or something to bypass it, from a country with no such restrictions

Oh man, there's a docsis document showing where said device is placed, between the isp's and the net, not the cmts and your stupid wifi/switch/router

And as I said, you can use satellite, but of the other end?

you are 100% correct but its all common knowledge -

reading though the responses looks more like r/bitcoin everyday here ha ha .

here is the point though:

(this is hard to explain in English)

"innovation" is a form of energy, money is an "energy token" < so there is a distinct relationship here and i will get to the point for you.

a "society" can be and is as viable as its "productive innovative participants", you are talking about localized  "sessionizers"

the previous response re "Kill the Internet" is actually retarded , because the OP is not suggesting that the aim is to "Kill" crypto he is suggesting that the aim is control. (a vastly different thing)(but related)

which is provable and has occurred to a degree on the "Internet"

so that's why the retarded "INTERNET Kill switch" argument is so backwards.


but here is the point:

no matter how backward you think other nations are in an interconnected world, there are governments that are not ruled by banking institutions and thus their "motive" is not to control what you use as "money".

so in the scenario the OP describes, the entities enforcing the "control" (packet and otherwise)  will also enforce the "destruction of innovation" which is essentially an energy (as describe above), this will then flow to a competing source, and re-balance.

Summary:

the West becomes "The Soviets" in that scenario. (there is evidence to suggest this is already occurring as the west loses the lead in key innovative areas)

* ha ha the reason you got such a happy response was because you said "NSA" ha ha hurting the feelings of many of the regular forum goers who had to then rush to log in to a sock puppet account to express their opinion, ha ha

[digitalindustry]

Bitcoin may kill itself in about 200 days or sooner. With the relentless rise in difficulty within 200 days it will be impossible to mine for profit no matter who you are or how much hashing power you have. The cost of electricity will exceed the revenue generated by the machines. If the price of bitcoin stays at $600 this mining collapse will happen at around 40 billion difficulty level. People with higher electricity rates will be forced to bail out first. Mainly people on the west coast. The only way to forestall this is for bitcoin to double in value or some people have to stop mining so the difficulty can drop. Now if the value of bitcoin drops to low the mining catastrophe will occur sooner. As of this writing it is down to $492. We need to either stop mining or up the price.

The possible good news as we approach the tipping point bitcoin will be so hard to mine that it will hopefully make it go up again. Who knows what will happen. I would love to hear what other people think about this scenario.

This is a very interesting point, something I believe I kinda mentioned in my first posts on this site, that it was unprofitable due to price of electricity.. Good comments here 4 sure.. and if people dont up the amount given to either u or mbtc, count most of the people on the planet out, since no-one can afford them.. and if bitcoin goes, so will al other crypto-currencies.. through a well deserved lack of trust.. I'm not flogging the good guys who have zero negative reputation in dealing these btc, but the majority who are rippin folks off from delaying payments to out right stealing btc.

http://kolinevans.wordpress.com/2014/08/22/what-would-a-crypto-currency-collapse-look-like/

[digitalindustry]

Dude, kindly stop trying to claim I think like you. I never admitted anything about him being a whistle blower.. I say he is a traitor.. he turned his back on his fellow countrymen and ran. Everyone knows facebook is a spy, as is a plethora of websites we visit daily, we know we are spied on with every site we visit. We know all calls are recorded, (read the small print) do we care? NO. Do you care that now your account is in the hands of what others may call an enemy of the state? No. Security of your country is dependand on your gov having the possibility of prevention of harm to YOUR society, cause you just as I are inept at defending WHAT was recorded. It's like, yeah the NSA wont steal our goodies from our bank.. who says an enemy of the state wont? He accepted his position, accepted the wages, and responsibility. He fucked a few women he would have never got if he was on the dole.. When he finds russia or wherever he ends up does the exact same thing, will he do same?

He is a traitor who should be shot in the direction he ran, he can either turn around and be shot in the face or continue and be shot in the back, our security guys dont care, he fucked up, being the coward he is.

Edit: If WW3 was a conventional war, and we were called up to serve our country, would you serve?

If so, you'd let this sneaky little rat away with what he did if he ended up in front of your gun?

The reason I ask this is because it's clear to me that if you choose to serve, you accept that you may have to kill those about to kill you. Many of these 'enemies' have no qualms with you, yet by your claims, you'd let him off?

Final edit: Just for you. My m8 just said, and I quote.. To the rich, it's whistle blowing, to the poor, he's a fuckin grass.

Bit of a bizarre statement, do you consider  Bill Binney a "traitor" ?

"enemies foreign and domestic"

in your conventional WW3 scenario - who are we fighting?

i think you will find the world is quickly coming to realize its; The people V the "Corporations"  (specifically the ones that issue our "debt tokens" )

how do we stop these people from learning? - we have to stop the information (or packet direct it)

but then we become "The Soviets"

so what's the answer? 

[Mightycoin]

It takes money to make money and to kill money. OFC it will take billions of dollars to kill BTC...not easy...rather close to impossible.

[EnfoncerQ2]

Literally impossible to kill Bitcoin. The Blockchain will go on for all ethernity.

[DDuckworth]

You, sir, are high on crack.

Linux users probably think they are cool and can bypass this.. no they cant. They think they can use TOR or some other ip spoofing method.. THIS is an illusion. Yeah it hides your ip from other end users, but YOUR isp has YOUR ip, period.

MY IP, yes. Not the IP of the actual server or person I'm communicating with. Just some random TOR node.

Notice we are all given static ip's now? These are postcoded. Geo tagging is applied to ALL packets leaving YOUR pc at the ISP level, they can now decide where to send ALL packets using strict filtering rules.

Geo tagging is applied to all packets? Really?
Even if that were true (which isn't the case) they are tagging outer dummy packets. Not the actual packets which are encrypted and embedded in the TOR traffic.

Or I could just look at the block chain for address's, write any address found there into my fresh wallet, and take all, using that dns redirect..

Do you realize that in order to receive bitcoins on addresses, or send from those addresses, you don't need to have or manage those addresses (or their private keys) at your own PC and IP at all?


Sorry pal, you seem to have an utter lack of understanding even the basic principles of TCP/IP, TOR, and Bitcoin.

Sorry to arrive so late in this discussion...but I am curious.

OP sounded like he knew what he was talking about in his original post, and you sound like you know what you are talking about...OP and Kazimir, what are your professions?

Also Kazimir, is there truly no way for the NSA to break into a TOR network? I feel like they have the power to do just about anything, even if they have to go so far as to hardline into your home network for "suspected terrorists." Why would that seem far fetched considering all they've done illegally so far?

[seandaniel]

if that's easy to kill.. I'm sure the bank's will do it because bitcoin is a BIG threat for them

[CreamyPie]

Even if one country decided to ban BTC, still people will hide and proxy and use it..so hard to kill btc..

[QuestionAuthority]

Even if one country decided to ban BTC, still people will hide and proxy and use it..so hard to kill btc..

Do you really have a creamy pie?

There's only one way do kill Bitcoin. Everyone worldwide decides to stop using it.

[Daniel007]

I think now it is almost impossible to KILL Bitcoin. Now its start controlling online market.

[EnfoncerQ2]

Buy all of them and sell all of them, this should crash BTC.

[Cream]

If govt decides to tax heavily on BTC then people might stop using it...Hard though.