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Showing 20 of 25 results by redemptor
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Topic
Board Economics
Re: USA Debt Repayable
by
redemptor
on 15/05/2013, 01:01:18 UTC


Trying to lower the outstanding debt by increasing taxes,would be deflationary,those dollars would be removed from circulation.
 
Printing money is inflationary.

Possibly/probably the two could be combined in such a way that they could "zero-out" each of their negative effects,while effectively lowering the total debt.

Past beltway behavior indicates it would be hard to attempt, let alone accomplish in the U.S.

 
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Topic
Board Beginners & Help
Re: Restrictions for newbies
by
redemptor
on 14/05/2013, 02:39:22 UTC
It's a small hurdle at worst.Anything pertinent to post today,will probably have relevance tomorrow.Also, some of the better threads are in the "newbie" section.
Post
Topic
Board Beginners & Help
Re: Keep your wallet secure, read this.
by
redemptor
on 10/05/2013, 02:29:56 UTC
Thanks for your tips.
I just looked at key scramblers site,do you need a touch screen to use it?
Post
Topic
Board Beginners & Help
Re: I lost $8400 in my Mt account because the hacker and Mt's slow support service
by
redemptor
on 10/05/2013, 00:20:56 UTC
Quote from: linms-bt on May 09, 2013, 07:31:44 PM
I use dedicated machine for trading only, not for Internet browsing. That should avoid some Trojans...

Yes,a good idea,How about partitioning harddrive , and running two operating system,does this work?
Post
Topic
Board Beginners & Help
Re: Stolen bitcoins
by
redemptor
on 09/05/2013, 02:52:00 UTC
Quote from: DeathAndTaxes on May 09, 2013, 02:12:53 AM
You had 2FA enabled on your exchange accounts right?*

* (Of course not the question was rhetorical for any noob reading every single one of these stories has the same thing in common - no 2FA).

Any additional information on "2FA" would be appreciated.
Post
Topic
Board Beginners & Help
Re: Still a little confused on Wallets.
by
redemptor
on 09/05/2013, 02:43:15 UTC
Is the last known wallet(location) of every bitcoin ever mined identified in the blockchain ?
If so, are password crackers/hackers able to bombard wallets ,hoping for weak passwords?
Post
Topic
Board Beginners & Help
Re: My bitcoins have been stolen
by
redemptor
on 06/05/2013, 23:16:42 UTC
thx
Post
Topic
Board Beginners & Help
Re: My bitcoins have been stolen
by
redemptor
on 06/05/2013, 23:10:22 UTC
"Remove" may be the wrong word. reinstalling windows will disable the rootkit/keystroke logger?
Post
Topic
Board Beginners & Help
Re: My bitcoins have been stolen
by
redemptor
on 06/05/2013, 22:58:48 UTC
A question,please.

reformatting hard drive and reinstalling Windows will remove keystroke logger,viruses AND rootkits?

thank-you
Post
Topic
Board Altcoin Discussion
Re: Ripple Giveaway!
by
redemptor
on 06/05/2013, 02:58:46 UTC
rn4tq6byRBjEq5hJzCoR5i87LrJhdv41jm
Post
Topic
Board Beginners & Help
Re: Who is making block chains?
by
redemptor
on 04/05/2013, 14:40:47 UTC
Quote from: naphto on May 04, 2013, 02:27:54 PM
Miners?

which are a mysterious network of altruistic individuals who try to do good,but not to do too good(they don't want to win by getting more than 51%,then game will be over). They are kind of like a weeknight handicap bowling league.
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Topic
Board Beginners & Help
Re: Still a little confused on Wallets.
by
redemptor
on 03/05/2013, 22:16:51 UTC
4) Is it wasteful to discard lightly used wallets?

5)Is there a place to recycle wallets that you no longer use?

6)If more than 21 million people  want a wallet,do we get to pick who we have to share with?
Post
Topic
Board Beginners & Help
Re: Hello everyone!
by
redemptor
on 03/05/2013, 04:27:54 UTC
Just curious, how many  bitcoins did you lose?
Post
Topic
Board Beginners & Help
Re: Why Bitcoins?
by
redemptor
on 03/05/2013, 04:10:56 UTC
Quote from: Mike Christ on May 03, 2013, 03:17:38 AM
Quote from: redemptor on May 03, 2013, 03:13:08 AM
Bitcoins,as a means of an exchange still seems much more cumbersome than $s.

Sure, why not?  It won't be until you're dicked over that you'll see the benefit of Bitcoin (I hope you've been reading the news lately, btw, or you might not understand what I mean.)

Anyway, give it some time, and it'll be made easy peasy.  Trading gold for bread isn't a simple task, either; difference being, Bitcoin's got a technological and commercial gap it has to cross.  Gold is created from an exploding star and has been around for billions of years before the dawn of man, and I still can't send it to Bill in South Africa in a matter of seconds.

Granted,bitcoins and crypto-currencies have promises and possibly promising futures.But today are most of your transactions based upon it being the best available means to transact or for promotional reasons?
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Topic
Board Beginners & Help
Re: Why Bitcoins?
by
redemptor
on 03/05/2013, 03:13:08 UTC
Bitcoins,as a means of an exchange still seems much more cumbersome than $s.
Post
Topic
Board Beginners & Help
Topic OP
Why Bitcoins?
by
redemptor
on 03/05/2013, 03:05:14 UTC
Isn't it a lot of hassle,much more than $ or plastic? If it wasn't for the crazy run-up in price and a hope for a lot more or a personal need for the underground economy,why bitcoins? Bitcoins seem to be time consuming to use.Plus the horror stories of wallet rip-offs,key-stroke thieves and other situations with little legal remedies,along with lost passwords.Speculation seems to be the only reason to bother.
Post
Topic
Board Beginners & Help
Re: Please explain this to a total newbie
by
redemptor
on 03/05/2013, 02:35:39 UTC
Quote from: bitcoin_bob on May 03, 2013, 02:02:16 AM
Quote from: moundtown on May 03, 2013, 12:02:01 AM
A company outside the U.S. owes me money. They want to send it to me with Bitcoin. It appears to me the value of a bitcoin varies greatly from one day, or sometimes one hour, to the next. My question is, if the company pays me in bitcoins what happens if the value drops significantly before I can sell them and convert them to cash? Also, where is a trusted place to sell bitcoins?

Thank You

how about spending the bitcoins on stuff.

I had this argument with someone who posted something on my local kijiji classifieds and I asked them if they would be interested in trading anything when they came to drop off the item to my house, they said no without stepping through the door, they only wanted cash. I then pointed out to them, what do you want cash for, if not to buy things? They thought a second and said, hey your right! came into my garage and saw I had 4 tires for a car i had sold, and he needed them. He pointed out that he only wanted the cash to buy tires anyway, and said that he never really thought about barter.

So instead of getting hung up on pulling dollars out of bitcoins, why not just relax and buy something with them....



Isn't it a lot of hassle,much more than $ or plastic? If it wasn't for the crazy run-up in price and a hope for a lot more or a personal need for the underground economy,why bitcoins? Bitcoins seem to be time consuming to use.Plus the horror stories of wallet rip-offs,key-stroke thieves and other situations with little legal remedies,along with lost passwords.Speculation seems to be the only reason to bother.
Post
Topic
Board Development & Technical Discussion
Re: Preventing double-spending attacks with semi-trusted 3rd parties
by
redemptor
on 30/04/2013, 01:53:01 UTC
 I don't really like the term "semi-trusted 3rd party". Does someone have a suggestion for a synonym?
Independent auditors ?
Post
Topic
Board Beginners & Help
Re: Which wallet are you using?
by
redemptor
on 30/04/2013, 00:51:45 UTC
 If not norton,than how can someone feel confident a keystroke-logger infection has not happened?            Thank-you for your response.
Post
Topic
Board Beginners & Help
Re: Which wallet are you using?
by
redemptor
on 29/04/2013, 22:00:36 UTC
Quote from: rockinride on April 29, 2013, 08:59:23 PM
Quote from: mazza on April 29, 2013, 04:05:58 AM
Bitcoin-QT and blockchain. I find wallets very confusing though.

What do you find confusing about them more specifically, I can probably help, as I was a bit confused initially also.


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