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Showing 16 of 16 results by petrjanda
People aren't going to like what I'm going to say but it needs to be said regardless.
The only way bitcoin or any other alternative currencies will become mainstream is if enough infrastructure is built around it.
Person A sending bitcoins to person B (irreversibly) is simply not going to cut it. There is no inherent trust between both parties. We need 3rd party business (banks, insurers,lenders, exchanges etc) to build trust.
A lot of people around here hate banks, but they are important in the world of finance. They facilitate trust between parties.
ie. if i send $500 to a person and he doesn't deliver the product I bought. Thanks to irreversability of transactions, I'm fuckt.
But if the transaction is handled by a 3rd party, they should be able to get my money back.
Of course this system has faults, but economy is consumer driven. The producer is there to satisfy the consumer, not vice versa.
The only way bitcoin or any other alternative currencies will become mainstream is if enough infrastructure is built around it.
Person A sending bitcoins to person B (irreversibly) is simply not going to cut it. There is no inherent trust between both parties. We need 3rd party business (banks, insurers,lenders, exchanges etc) to build trust.
A lot of people around here hate banks, but they are important in the world of finance. They facilitate trust between parties.
ie. if i send $500 to a person and he doesn't deliver the product I bought. Thanks to irreversability of transactions, I'm fuckt.
But if the transaction is handled by a 3rd party, they should be able to get my money back.
Of course this system has faults, but economy is consumer driven. The producer is there to satisfy the consumer, not vice versa.
I created a HTML form on my computer and submitted it to mcxnow, and it created an account. I've never actually visited mcxnow. I suppose the same would work for login.
Oddly enough, on this page https://mcxnow.com/about.html they are talking about how their system is protected against CSRF.
Could it be they are talking out of their arses.
Oddly enough, on this page https://mcxnow.com/about.html they are talking about how their system is protected against CSRF.
Could it be they are talking out of their arses.
360 Seconds between POSTs? I'm sorry but that's just ridiculous. You do realize it takes about 10 seconds to Log In and 20 seconds to write a response to someone? NO, you have to wait another 4 1/2 minutes, staring at the clock.
I think it was a working team within NSA. I have not seen any evidence it was an NSA project.
Where is this secret"Operation Satoshi" document? And when would Snowden have had time to release this in the last 2 days or so?
Can someone fill me in?
Where is this secret"Operation Satoshi" document? And when would Snowden have had time to release this in the last 2 days or so?
Can someone fill me in?
And where Snowden is? Does he exist?
I think he's already in venezuela or another country. grounding of the bolivian presidential plane could have been a diversion.
1) Proper trading tools are a good start to lower bitcoins volatility.
2) Exchanges have to work closer together. Inter-exchange trading is a must imo. All exchanges should be using the FIX protocol.
3) Futures trading.
4) Wider acceptability of bitcoin.
5) Incentives for people to keep bitcoin instead of trading between fiat and crypto.
6) Investment
2) Exchanges have to work closer together. Inter-exchange trading is a must imo. All exchanges should be using the FIX protocol.
3) Futures trading.
4) Wider acceptability of bitcoin.
5) Incentives for people to keep bitcoin instead of trading between fiat and crypto.
6) Investment
the feds can crack your encrypted wallets very easily. all you have to do is dump the private keys with pywallet, and save them in atext file. then you delete the wallet.dat file. rename the app data folder for bitcoin, then reinstall bitcoin. prior to launch bitcoin, move the blockchain from the old bitcoin to the new app data bitcoin folder. now start bitcoin and import the private keys. you now have an unencrypted bitcoin wallet with all the funds of the old encrypted one.
Can someone confirm this? It seems like a big security hole.
Re: The Bank of Bitcoin- The World's Most Secure Bitcoin Service- Unhackable!
Do your research guys. This just reeks bad scam. In most developed countries, companies cannot legally have the word "bank" in their name because it is a restricted word, and only authorized institutions can put it in their name. There are certain exceptions (such as River Bank Corp etc).
Secondly, I would not trust any company with money that doesn't want to verify customers identity. It's just bad practice.
Learn the regulations in your country, otherwise you're gonna get shutdown BankOfBitCoin. I just hope they will get caught before they manage to run away with the money of the few or many who trusted them.
Secondly, I would not trust any company with money that doesn't want to verify customers identity. It's just bad practice.
Learn the regulations in your country, otherwise you're gonna get shutdown BankOfBitCoin. I just hope they will get caught before they manage to run away with the money of the few or many who trusted them.