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Re: 🔥🔥🔥 [Saving People's Lives] - Blockchain Solutions for Aviation Safety🔥🔥🔥
Ohh, safety is the first thing I think of when I hear something connected with aviation or planes. And I can see definitely a problem there. So hopefully you will succeed! Will watch it closely!
We are building from scratch. Of course we don't have much skill so, need your suggestion about coding first then step by step. Thanks for your reply.
So you don't have the skills. But your first goal is to create your own exchange?
Don't you think that's too farfetched? Start slow. Learn some basic coding/programming. Specifically: HTML, JavaScript, PHP, and probably Python.
By the time they will learn it and develop the exchange, there will be 10000 more exchanges ready
What do the upvote and downvote functions do exactly? Is it a way to sort them? Do upvote and downvote ever reset, or is there a decay?
Same question from me as well.
Re: Tell me atleast 3 reason why someone should hate Bitcoin Foundation?
1. My understanding is the one of the Foundation's main goal is to give the developers a salary, I think there are more direct ways for this to happen, the new Lighthouse project seems interesting and has been mentioned a few times. All the other layers in the foundation are corrupted by the flow of 'free' cash at this point I think, while the lobbying campaign is interesting, why spend a chunk of your fixed income on it when we have an issue with funding development? Seems like it is just a publicity stunt to generate some goodwill quickly, and doesn't address the problem of developer funding.
2. Brock Pierce, Mark Karpeles, and every other scammer on the board, again the 'free' cash and buzzword-y new technology attracts the snake oil salesmen of all strange and deeply disturbing sorts, and now Brock Pierce is promoting a severely flawed copy cat coin directly against the interests of the foundation, most likely to capitalize on some of the venture capital floating around, it's sickening
3. If the foundation isnt completely corrupt now, it will be at some point in the future, which is to say if bitcoin is to last quite a while into the future, it cant be tethered so intimately with a centralized organization, because as the wealth of bitcoin grows, so does the wealth incentive for a bad actor to potentially either negatively or preferentially influence development for personal gain
2. Brock Pierce, Mark Karpeles, and every other scammer on the board, again the 'free' cash and buzzword-y new technology attracts the snake oil salesmen of all strange and deeply disturbing sorts, and now Brock Pierce is promoting a severely flawed copy cat coin directly against the interests of the foundation, most likely to capitalize on some of the venture capital floating around, it's sickening
3. If the foundation isnt completely corrupt now, it will be at some point in the future, which is to say if bitcoin is to last quite a while into the future, it cant be tethered so intimately with a centralized organization, because as the wealth of bitcoin grows, so does the wealth incentive for a bad actor to potentially either negatively or preferentially influence development for personal gain
Rather than copying this letter, people should each write their own letter as it will have more impact than if they receive a hundred "clone" letters. Print it out and mail it for maximum effect.
Sending letters about accepting an internet currency through regular mail?
but yes, Ive sent in mine and every bitcoin/amazon user that would like this implemented should let them know, I also let them know I will be doing my shopping through Overstock until bitcoin is implemented, I'm not sure if money should be considered speech, but it is certainly a financial vote
Necessary evil for now
Why can't a business hold and use bitcoin as they do fiat? Because not enough business's accept bitcoin for everyday use (for rent, suppliers/manufacturers, payroll, and whatever other various bills) so the next step is creating bitcoin ecosystems
It would be great if Overstock or some other large company offered employee salaries and bitcoin as a form of payment to suppliers, I'm sure they could save a ton on money transfer fees for large orders so it could be beneficial to both
Why can't a business hold and use bitcoin as they do fiat? Because not enough business's accept bitcoin for everyday use (for rent, suppliers/manufacturers, payroll, and whatever other various bills) so the next step is creating bitcoin ecosystems
It would be great if Overstock or some other large company offered employee salaries and bitcoin as a form of payment to suppliers, I'm sure they could save a ton on money transfer fees for large orders so it could be beneficial to both
money -> inflation
bitcoin give me simplest and cheapest way to send money abroad
2 user which never had heard about Bitcoin, try to figure out how "simple" is for them to send the money from 1 country to another one, even abroad...bitcoin give me simplest and cheapest way to send money abroad
Same applies to any foreign currency like Yen, RMB, THB, etc... the list to learn is endless. With bitcoin you need only learn once and then you can go anywhere on the planet
the point of bitcoin is to be THE worldwide accepted currency, at this stage people won't need to learn about how to use it anymore than people still need to learn how to use email or text messaging, as simple as any other convenience in the modern world
WU is a lot more EXPENSIVE, its around 35$ to send USA-> USA in USD last time I sent money, other money conversions and across borders adds more fees
Bitcoin is simply more efficient as a base money system, thats why it will thrive, its cheaper and easier to use over any distance longer than arms reach, and arms reach ease is only NFC integration away, because it is cheaper to use any economy or group that uses it widely will have an economic edge over anyone who doesn't, it is less wasteful than paper money energy wise and once a person adapts to using it, it is more secure.
Whether we need bitcoin or not is a moot point, bitcoin is here already, and bitcoin will thrive because it is the fittest in the ecosystem
I live in Texas, I'm very excited to see my state develop an open attitude toward bitcoin, unfortunately every state still needs to follow federal regulatory guidelines as well, that said I would love to see the first US exchange based out of our little tech-mecca Austin, we already at least 1 ATM up there from my understanding
Thanks jr for the clarification. Would I be correct then in saying that the security protocols for online are more aimed at the risk factor of having some exchange holding them than an actual personal hacking risk on a general user's computer? In the same context as your Target example: always have good passwords for stuff you do online but with 3rd party sites dealing with your money, extra security is best. Common sense more than some immediate looming threat?
depends on what level the site holds your money, but yes, it is not a looming threat to always be fearful of, just understand that if you dont have the private key, then you dont really have your bitcoin, but if its a well established site your fine keeping small balances there you would want to spend
another example, making a wallet at blockchain.info, they both store your wallet and give you they private key backup in case they go down, it is an extra security weakness because a hacker can possibly get through the password wall, but blockchain doesnt have access to your coin, so they cant spend it and tell you they still have it like Gox did
if you are just getting into coin, DONT keep your full balance on a random site no matter how good a password you think of, start with blockchain.info or another trusted wallet interface that lets you keep your keys, add 2FA and keep a copy of your private key offline just in case
Bravo to the OP, though I've heard the MtGox story only in a superficial way and not any real details...but I'm sorry for everyone who got ripped off or lost money.
That said, how did you lose it? I had a similar question about the FBI seizing someone's btc and asked how, exactly, it was seized.
I've got 0btc but am on the verge (got a help a girl out thread in the help and support section for anyone who likes 20 questions and loves espousing advice even more)...but all I hear about btc is how secure it is and the only way someone can get your money is if they have your private key...and I'd imagine if someone is smart enough to know the code tech version of bitcoin and run a big popular site, they'd also know the risk factor and wouldn't have lost anything.
So what's the real story on this before I put any money in it - is the private key the only possible way that someone can take your money out from under you? I know if you lose it, it's gone...but are we talking "don't give someone your password to anything" level of common sense or private key = precious gold that is easily swiped regardless of a key or password?
I've read in various places the warning to "never store your btc on the exchange" or in the wallet on a site, or only put it there when you do a transaction...but where is it otherwise? If you keep it stored offline is it still subject to valuation? If you have it stored online and the value drops to 0 is the btc GONE - like it shrinks til it's history, or is the value itself just bottomed out? Why is it different if it's offline?
Clearly I'm missing something...hope you can clarify this blank spot and how, exactly, you can lose btc or how it's offline as opposed to on.
ETA - like this example in the ad spot on another thread:
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- gmaxwell
If this is true, how would the feds seize any of it or and how could they "liquidate" it anyway unless it's via an exchange or via the network? Or how would someone lose other peoples money? What was the exception that invalidates that quote and claim?
That said, how did you lose it? I had a similar question about the FBI seizing someone's btc and asked how, exactly, it was seized.
I've got 0btc but am on the verge (got a help a girl out thread in the help and support section for anyone who likes 20 questions and loves espousing advice even more)...but all I hear about btc is how secure it is and the only way someone can get your money is if they have your private key...and I'd imagine if someone is smart enough to know the code tech version of bitcoin and run a big popular site, they'd also know the risk factor and wouldn't have lost anything.
So what's the real story on this before I put any money in it - is the private key the only possible way that someone can take your money out from under you? I know if you lose it, it's gone...but are we talking "don't give someone your password to anything" level of common sense or private key = precious gold that is easily swiped regardless of a key or password?
I've read in various places the warning to "never store your btc on the exchange" or in the wallet on a site, or only put it there when you do a transaction...but where is it otherwise? If you keep it stored offline is it still subject to valuation? If you have it stored online and the value drops to 0 is the btc GONE - like it shrinks til it's history, or is the value itself just bottomed out? Why is it different if it's offline?
Clearly I'm missing something...hope you can clarify this blank spot and how, exactly, you can lose btc or how it's offline as opposed to on.
ETA - like this example in the ad spot on another thread:
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- gmaxwell
If this is true, how would the feds seize any of it or and how could they "liquidate" it anyway unless it's via an exchange or via the network? Or how would someone lose other peoples money? What was the exception that invalidates that quote and claim?
Exchanges usually use their own wallet, so once you give it to them it is like handing them your cash, the "balance" displayed on their site is what they owe you, a voucher slip, not your coins
the feds probably seized DPR's stash because they found a copy of his wallet/key or something, so they have control over the coins and can use them as they please, they will probably liquidate them over several exchanges and a period of time
if you store them "offline" and the value drops to 0 USD, you still have x amount of bitcoins, just like if the value drops from 100$ to 90$ you dont lose 1 out of every 10 coins you own, valuation does NOT depend on exchanges, 1 bitcoin is 1 bitcoin and it is worth whatever somebody will take it for when you offer it for trade
it is better to store offline because a hacker getting past a websites security is a weak link in the chain, like when Target was hacked a few months ago for credit card info, the hacker stole the cards "private keys" off of a central location of storage with overcomable security
-I am one of the top losers of coins on Gox. That is life. There is more where they came from and the show will go on.
-What I'm disappointed with is a self-centered, fraudulent corrupt system that completely turned their back on a semi-retarded kid that had a billion dollars on a memory stick because they were too blind and busy looting the standard system to even blink an eye on a phenomenon that will change mankind forever-Wall Street, regulators, auditors, accountants, banks, associations, police, schools and centers of academia all failed miserably with every single one of their mamtras, mission statements and purpose for their existence-I read their propoganda about how they are all here to help and then I think about monkey-man Mark begging for someone to help him while his "video game" grows out of control into a billion dollar enterprise!
-not too far off the mark - Black's in the 50's. All terrible changes in direction that were vilified and attacked and ended up changing the course of the entire human race!
-Mark its not your fault buddy.
-What I'm disappointed with is a self-centered, fraudulent corrupt system that completely turned their back on a semi-retarded kid that had a billion dollars on a memory stick because they were too blind and busy looting the standard system to even blink an eye on a phenomenon that will change mankind forever-Wall Street, regulators, auditors, accountants, banks, associations, police, schools and centers of academia all failed miserably with every single one of their mamtras, mission statements and purpose for their existence-I read their propoganda about how they are all here to help and then I think about monkey-man Mark begging for someone to help him while his "video game" grows out of control into a billion dollar enterprise!
-not too far off the mark - Black's in the 50's. All terrible changes in direction that were vilified and attacked and ended up changing the course of the entire human race!
-Mark its not your fault buddy.
-I lost 40 coins on gox, quite a sum for myself, I'm in my early 20's, it was my life savings, lesson learned
-It's not the job of everyone else to watch every transaction going in and out of every company and constantly checking solvency
-that is very far off the mark, horrible comparison, but Ill grant the other ones, maybe "jazz" or "the blues" would be more apt, but no one is getting hosed in the streets over bitcoin
-it is quite literally, almost entirely his fault, him going to jail won't recover my coins, but he deserves it