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Showing 19 of 19 results by Jeramom
Re: CryptoСurrency forecast, my first experience is 71% good result, is it true?
Hello friends. What do you think about the service? How do you use forecasts?
Thanks. When can I expect new features?I say, that would be the only use of a mining pool to be over the 50 percent mark.... so they could conduct a couple unauthorized transactions to recover those lost bitcoins.... sadly something like that would never go over well.
Hashing power does not give you the ability to spend coins without the private key.
I agree on the part of not caring if friends etc invest or not. I have a handful of friends who see the potential and have acquired some bits, and others who regurgitate fud. I gave most of them a heads up around $100 per and have spoken very little to them about it since.
Those same people will tell stories of this guy who spoke to them when these 'bitcoin' things were 100$ a coin lol
I don't understand why people think shorter block times are better. It only means you need more blocks for the same security, thus meaning the block chain just gets needlessly bigger. Many Bitcoiners understand that, but many Altcoiners don't want to understand that, because that would mean their Altcoin has no advantage at all.
The real problem with short block target times is network propagation. Once a block is found, it's not relayed to the whole network instantly. If you see a cryptocurrency with short block target times, but still not a considerable amount of orphaned blocks, you know that the network of that coin is not properly decentralized, but rather centralized.
Yep, and you have to do a bunch of back-bending tricks to accommodate the fact that when you scale up the network, disparate parts of that network will have different states.
The ethereum blog post attempts to fine-tune this, but then you are left with a larger problem, the attack against the network becomes the alt-coin's biggest flaw. If I'm running an ISP, or I'm a government dedicated to screwing up your fast-confirmation coin, all I need to do is introduce random delays that screw your entire finely-tuned setup to dust.
But hey, that wouldn't happen, would it?
While its clearly attention seeking, public displays like this are excellent to show the uninformed how quick and easy its is to instantly send money to anyone in the world with Bitcoin.
Not just to anyone. You have absolutely no idea who this person is yet you are 100% sure the person is going to receive the money. That almost crazy talk magic.
What information/id/bioscan requirements are there?
According to their website, if you're transacting less than $3,000 worth of BTC, it would appear they only require SMS verification, which isn't ridiculous, it's easy to bypass if you don't have a phone or don't want to use your own.
However, they also state here under the "KYC Compliance" tab, that additional verification options can enabled and configured by the operator.
So basically it depends on the decisions of whoever owns the ATM.
There's a reason why PokerStars HQ is in Isle of Man and it ain't for the weather.
Sure as hell aint for the weather.... the saying on the island is "We have two types of weather; Cold/Wet & Cold/Wet/Windy"
How is this anything but bad news for Bitcoin? Or do you seriously believe the majority of normal law abiding citizens would be willing to risk 12 years in jail under money laundering charges just so they could use Bitcoin?
Interesting. It's good to see Coinbase setting the standard here. Of course, employee infidelity and hacking are just two ways that bitcoins could disappear.
What about physical theft? Summary says that the insurance covers losses due to physical security breach, so presumably physical theft is covered. Missed that in the summary.
What about natural disasters, fire, flood, etc.?
What about kidnap/ransom/extortion of employees?
What about lawful confiscation (usually not covered by policies)?
What are the actual limits of the policy?
Are the limits on a per-account basis (like the FDIC), per occurrence basis, or per policy period?
Was the policy designed to cover the type of hacking that allegedly occurred with Mt. Gox?
What about physical theft? Summary says that the insurance covers losses due to physical security breach, so presumably physical theft is covered. Missed that in the summary.
What about natural disasters, fire, flood, etc.?
What about kidnap/ransom/extortion of employees?
What about lawful confiscation (usually not covered by policies)?
What are the actual limits of the policy?
Are the limits on a per-account basis (like the FDIC), per occurrence basis, or per policy period?
Was the policy designed to cover the type of hacking that allegedly occurred with Mt. Gox?
Actually, Circle is setting the standard. They've already been insured by marsh - coinbase is catching up. circle is getting ready to haul past coinbase
Marsh is a broker, not an insurer.
Forbes contributors aren't some unified body. They freelance contribute. I've read many good articles by contributors and many really terrible (and grammatically error-ridden) ones like this.
Right, but this Forbes contributer is also a speaker for them e.g. at http://bitcoinexpo2014.com/