Bitcoin user not affected?

http://www.msn.com/en-us/money/companies/comcast-rolling-out-higher-charge-for-some-home-internet-users/ar-AAe6cyC

Wait Ross Ulbricht ran which website again? Which products brought the majority of revenue? I must be on the wrong thread

I predict that Ross will not die in prison.  Someone once told me that marijuana would be legalized in our lifetime.  Seemed far out at the time but it has happened and will continue to happen across the country.  Just a prediction but I think that Ross will be pardoned down the road.  

I wasn't meaning to be disingenuous, started out by saying 'Imagine it'.


My mistake. Will correct


I'm working on something that would allow the watch to use bitcoin.  The second part of the post does not have to do with bitcoin, its about the possibilities of the heart rate monitor.  I'm not pumping the product, just concerned about the possible data collection of health information. (Can't confirm that this is even a problem but I assumed it was the case and made a hypothetical scenario for abuse)  I'm curious if anyone else has made the same observation about the heart rate monitor and has concerns with the abuse of data collection.
 


http://i.imgur.com/YW3gkrO.png

Full disclosure, I just got back from the future where everyone is transacting btc using smart watches.  This capability was given the green light by President Dwayne Elizondo Mountain Dew Herbert Camacho, porn star and five-time ultimate smackdown wrestling champion.  

Why would it be a leap for the watch to be able to do this? It is not a stand alone device, its connected to your phone.  If you had a few lines of code in the ios wallet app that could relay the send address that your phone receives to the watch, and then the watch sends the transaction info back to you phone its possible.  

I'm not rushing out to buy one just yet, but I was curious if anyone had the inside scoop of the capabilities of the heart rate monitor.  Like what else can it do.  

Imagine it.  No pulling out your wallet from your back pocket.  All you would need to do is look at the watch, select wallet app, scan tap send address, select amount and send.  You could also save that address to use again if you are a regular customer.  I could see restaurants that have a queue like Chipotle accepting BTC because it would speed up the payment process.  You could pay while you stand in line, without having to deal with a cashier.

On another note.  Maybe Apple should make the iWatch free or even pay some bitcoin to people for wearing it.  Does anyone notice the enormous hear rate monitor on the back?  This heart rate monitor uses both green and infrared LEDs to measure pulse.  What other function could a infrared LED with a photodiode receiver be useful for.  Hmmm. Infrared Spectroscopy is a field that makes possible analyzing specific atoms, molecules, and compounds in solution.  Perhaps the infrared spectrometer on the iWatch could be useful for collecting in situ blood chemistry data?  

Whether or not Apple intends to do this or not has not been disclosed, but it is still peculiar that the watch would come with this equipment if its only function was an over-priced inferior (compared with EKG measuring) heart rate monitor.  If I was an engineer at Apple working on this hardware, I would want the hardware to measure everything imaginary possible.  Heart rate monitoring is caveman technology, I would want it to measure every compound in the bloodstream.

(While we don’t anticipate a loss of cabin pressure, in the unlikely event that one occurs, a tin foil hat will drop from the overhead. Pull the hat down to start the flow of manic paranoia, and place it over your eyes and ears.)

All joking aside, the potential of this technology is huge.

I'm going to use bad logic here but I will continue on anyways assuming hypothetically that the iWatch could analyze blood chemistry (Perhaps iteration number 3 or 4 will, and Apple only included it on version 1 to get the customer familiar and comfortable with it).  What customer would pay for something like this?  This would be equivalent to paying for an instrument that could monitor the 'health' of your car, and all imaginable car related data being included; speed, parking location, signaling, running red lights, tailgating etc etc.  On the one hand it would be nice to monitor and record data from the engine, oil, belts, frame, wheel alignment, electrical problems...  but the devise would force you to disclose all details of your driving habits.  If getting a ticket from a speed camera a week after it snaps a pic of you makes you fly off the handle, imagine receiving a tab for all the petty traffic violations you committed on your morning drive to work upon arriving.  Also, perhaps your mechanic and the sheriff would be interested in this data.  Relating it back to the watch; perhaps similar parties might be interested(insurance company, and employer, and bank, and...)



TL;DR - Bitcoin would be an awesome app on a smart watch (duh). Apple put a infrared spectrometer on the iWatch to analyze and monitor your blood chemistry. (pure speculation)

That was from the movie The Thin Red Line. I've always liked that quote from the movie just thought I'd share.  When heard out of context of the movie, I feel like it might hit some chords with a few people that are still around on this site.  Long live bitcoin.  Long live freedom. 

Where is it that we were together? Who were you that I lived with, walked with? The brother. The friend. Darkness, light. Strife and love. Are they the workings of one mind? The features of the same face? Oh, my soul. Let me be in you now. Look out through my eyes. Look out at the things you made. All things shining.

This is meant to ruffle some feathers.  We need a second coming of Satoshi. 

I must have missed this, but how did the FBI get to Ross's bitcoins?  Did he voluntarily give them up?

https://blog.ethereum.org/2014/08/16/secret-sharing-erasure-coding-guide-aspiring-dropbox-decentralizer/

I think the better question is not when Amazon will start accepting btc, but when we should start shorting the stock.  Amazon and the kindle will be in competition with block chain technology and decentralized data storage.

OP, make a pull request and propose a solution

op, you are asking the wrong question. Why should people use bitcoin is the better question.  Those of us that do use bitcoin get it.  I don't want to use bad language but there's a saying that goes something like this.  Fuck em.  Why should I have sympathy for someone whom doesn't get it. Utopia is now

I learned the hard way that 7bucktees.com is just another front for a scam.  I am honestly impressed by the amount of scams currently going on in the bitcoin community.  Unfortunately I fell for the latest one and am out money and a shirt.  I'm just trying to warn others who stumble across this site and are about to purchase something, DON"T!

Do not buy anything from this website.  I purchased a shirt February 28th and never received it.  I got no response from numerous emails I sent to the company. Do not give these scammers your business, I learned the hard way.

I bought a shirt from their website February 28th and never received it.  No response from the company after 7 plus emails regarding the shirt.  I don't know what recourse I have at this point but I'm out money and shirtless!  Just a warning to others who are thinking about doing business with this website, beware!

Good point, have to agree with you there.  Although, I wouldn't put NEOBEE in the category of ponzi scheme just yet.  Calmer heads will let the tape play out and see what unfolds.  If it does end up being one giant scam, my hats off to whoever dreamt it up…  I mean, wow

Where is the media on this one?  I would think that main stream outlets would be licking their chops for a chance to drag Bitcoin over the coals, using how ANOTHER Bitcoin business has imploded as justification.  All I've seen is coindesk, newsBTC, and other small outlets have picked this story up.  

How juicy does it need to be to fly on their radar?
-Insolvency after 25 days of the IPVO
-Stock traded on a unregulated securities exchange
-Holders of the stock have 0% equity in the company
-AWOL CEO
-Bitfunder mishap
-Mt Gox
-One of the leading and trusted voices in the community being involved (Andreas).*

I think that Mt Gox being picked up by main stream has peaked an interest of Bitcoin in the public.  It didn't matter if the spin was pro or con, more people are now aware of Bitcoin because of it.  I'm of the opinion that the only bad news for Bitcoin is no news at this point.

So come on CSNBC, Bloomberg, WSJ, Forbes, show Bitcoin some love (even if its the tough kind)!



*My belief is that Andreas is being authentic in claiming that he was just a technical advisor.  That was a point made clear by him before the whole melt down (maybe he saw the writing on the wall).

https://twitter.com/aantonop

Newb here,  I was hoping to start a discussion about HFT (seeing how its all over the news currently) in hopes to gather some more information about how Bitcoin exchanges deal with speed.  Are there technical aspects of online exchanges such as Bitstamp and BTC-e that encourage/ discourage HFT on their platforms?

How about taking it a step further and use the block chain to make a autonomous government.     The public ledger can be used for direct democracy; all citizens get to vote on legislation!