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I have this question that has been bugging me lately.
Is it possible to accidentaly generate the same adress twice on 2 different machines?
I mean, if you think of it, couldn't it be possible that i make a new adress on my pc to do a payment, and at the exact same time, someone else makes one too.
I know the chances are almost infinitely small, but in theory those 2 adresses could be the same right? Does the client check with the network before making one? What about nodes that are disconnected but have empty adresses on them for later use?
How does the blockchain deal with that? Is there a safety protocol in place to prevent this? Would those 2 adresses have the same private key as well? Would the blockchain reject one of those adresses, and if so, which one?
I'm trying to understand as much as possible about bitcoin, so if anyone can enlighten me, that would be great!
Is it possible to accidentaly generate the same adress twice on 2 different machines?
I mean, if you think of it, couldn't it be possible that i make a new adress on my pc to do a payment, and at the exact same time, someone else makes one too.
I know the chances are almost infinitely small, but in theory those 2 adresses could be the same right? Does the client check with the network before making one? What about nodes that are disconnected but have empty adresses on them for later use?
How does the blockchain deal with that? Is there a safety protocol in place to prevent this? Would those 2 adresses have the same private key as well? Would the blockchain reject one of those adresses, and if so, which one?
I'm trying to understand as much as possible about bitcoin, so if anyone can enlighten me, that would be great!
bitcoin-qt generates 100 address in advance in wallet.dat
Thats just what i thought - why can't just everyone stop selling under 680 $ :-)
Funny thing is: Buyers could do the same and just stop buying above 30$. And then?
Price will stay high and buyer will buy bitcoins at high, if they need bitcoins.
LOL!
Why not?
Price will stay low and seller will sell bitcoins at low, if they need moniez.
And believe me there are way more desperate miners out there that need to pay their bills with BTCs as there are buyers who are in a desperate need of BTCs.
Market price moves from traders not from individuals selling bitcoins for cash.
you can't manipulate the "market".
if you can, this is not where I would "invest" my money.
if you can, this is not where I would "invest" my money.
Is it joke of the day?
Peoples are doing it from ages dude, <-i'm not talking about just bitcoins.
Thats just what i thought - why can't just everyone stop selling under 680 $ :-)
Funny thing is: Buyers could do the same and just stop buying above 30$. And then?
Price will stay high and buyer will buy bitcoins at high, if they need bitcoins.
offer me any job and i will do it for bitcoin 
Wanna start from Blow Job ?
If you are able to get enough people to do this it would work by definition.
But my guess is that there are too much people involved for this cartell-like market manipulation.
But my guess is that there are too much people involved for this cartell-like market manipulation.
Well they can't do anything if everyone start doing this.
and if someone even dump's thousands of bitcoins , people should not create panic.
I beg to differ, try not to stock bitcoins but use them as much as possible for transactions with bitcoin friendly merchants, supporting them equal supporting Bitcoin.
Use them on sites to buy stuff, but don't do trading and sell them for 110$ for some days.
Cancel your current sell order and place a new one with 200$ price.
If even 30%people on this forum do this, bitcoin's price will rise and it will return to it's glory.
When price goes down People say xx sold their thousands of bitcoins so price went down
Stupids, if they sold it, someone bought it too..
Stupids, if they sold it, someone bought it too..
When somebody wants to sell thousands of bitcoins, he needs to ask lower than market price, because otherwise he will have hard time to find enough buyers, you stupid ass.
You are the stupid actully and if that's the case why price is low, why don't all you fucking idiots place their sell order at 500$ and wait for some days.
You can change the custom title as a VIP, but not your username unless I'm missing something.
VIP donators (50 BTC) can, donators can't