If he is an inventor of a great innovation, why is he hiding with his over 1 million clothing It is dash unregulated finite supply bitcointalk nothing, artificially inflated bitcointalk exploit unsuspecting persons. Sure the first people who got into are making clothing profit but like any good scheme, thats what happens, you make it bitcointalk good. It seems dash anyone can make bitcoin if they are good with a computer and then sell that for real money. It is an opportunity for us to reflect on the language and ideas that represented each year. Dash is open clothing.
Do you think Mt. Which, at this time, it is very secure and Bitcoin itself has proved unbackable. I have more to say, but not enough room on here. Org However there are certain things you should consider first, what supercomputer needs over hundred thousand other computers to help solve algorithms to ease the workload on their systems? We must not let this continue to be the norm.
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Meanwhile, many Americans clothing to face change in dash homes, bank accounts and jobs. Bitcointalk a New Topic. Ignore clothing at your peril. This means the more people who use Bitcoin, the more secure the protocol is. Sceptics bitcointalk read the source code, and evaluate it. It isnt a scam, Its a dash smart idea.
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Everything in bitcoin is completely open, that's the beauty of it. If it is a scam, why can I buy actual things with it right now? There's going to be a bumpy road ahead, much like any new technology before it goes mainstream. Its a decentralized meaning nobody can scam you digital currency that floats like a real currency, except no one country backs it, the people who own bitcoins back it, and add value to it at the same time.
They can exist completely without any one central authority. Saying that Bitcoin in itself is a scam is just ignorant. Now saying that some people viewed as innovators of Bitcoin gone rogue are scammers is more appropriate. People as mark kerpeles mt. They used Bitcoin as their scam. Much like people used cash as their scam or gold as their scam. I haven't found anything malicious in that code or anything that would give somebody the upper hand.
Now if you are thinking, "well somebody can edit the code to steal your coins or make fake coins" that is not how it works. Yes they can make a "fork" of Bitcoin but it will be on a separate blockchain. Meaning you cannot transfer those "forked" coins to the original Bitcoin.
Well what is the blockchain? The blockchain stores all the wallet addresses, transactions, miner power and so on. It cannot be edited but only added onto with new wallets, transactions, miners etc.
It is not a website, but stored inside of the application itself on each and every computer or miner with the application. The websites you can find the blockchain on only show a graphical representation of what the blockchain has stored in it. This means the more people who use Bitcoin, the more secure the protocol is. Which, at this time, it is very secure and Bitcoin itself has proved unbackable.
The only way people can "hack" Bitcoin is to hack the websites or wallets and use their data or stored coins for themselves. This happens in everyday life everywhere and should be null. Now, onto the wallets. The wallets are NOT the Bitcoin protocol. They only use the Bitcoin protocol as a base of information. You could use command prompt for your wallet if you know how to code it. This is why you can find multiple wallet providers with different features and security.
They are not changing the protocol itself, but telling the protocol where to send the coins and storing that info in the blockchain. It is possible that a rogue wallet provider can program something malicious into the wallet itself to steal your wallet data to steal your coins but if you stick with well known wallets, you will not need to worry. Online wallets can be dangerous so it is best to keep your wallet on a physical computer or USB.
If someone makes a fake wallet that doesn't actually store real Bitcoin in it, you would be able to tell just by viewing the blockchain on a website. I have more to say, but not enough room on here. I will post about the human side of the ordeal I the comments. It isnt a scam, Its a very smart idea.
No government back up, that means the government ends, youll still have your money. Think of it this way, the confederate states created their very own currency in the little bit of time they were around, once the US won the civil war, that currency was worthless. WWIII, youll still have your bitcoin acceptable in places. Sign In Sign Up. Add a New Topic. Is Bitcoin a scam? New to Old Created: Old to New Likes: Most to Least Likes: Least to Most Replies: Most to Least Replies: No, scams always have a hidden aspect to them.
Will Bitcoin eventually replace different global currencies? Should there be more regulations for large banks? Do you believe love creates the ultimate happiness? Should there be more regulations for Wall Street banks? Could the financial struggle of single parenting become a trouble of the past if single parents were offered better housing choices, particularly inside homes already owned by families? Gox, a leading exchange for bitcoins, was recently closed down and filed for bankruptcy — do you think their customers will be able to recover any portion of their account balances?
Do you think her suicide had anything to do with Bitcoin? Do you think Mt. Gox has the right to keep the , Bitcoins it "found"? Do all inventions come about due to necessity? Bitcoin is a joke and not safe.
Read the following articles. Authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. The move may prevent the firm from facilitating the purchase and sale of Bitcoins in U. Bitcoin, which unlike conventional money is bought and sold on a peer-to-peer network independent of any central authority, has grown popular among users who lack faith in the established banking system.
The price of the volatile currency ballooned in March as a result of the Cyprus bank crisis. Authorities worry that a lack of regulation has left the currency vulnerable to money launderers and other criminals. The US government or any government can take control over the high level Bitcoin internet domains and the domains of those who exchange bitcoin for dollars, e.
Once those domains are taken over, guess what? Once, the government takes over these domains in their countries, no one will be able to trade in or exchange bitcoins for dollars; so your bitcoins become worthless. The US government can do that to Bitcoin, and I am not talking about the small individual personal bitcoin accounts; I am talking about the large commercial bitcoin accounts, especially those sites that exchange bitcoin for currency.
By law, America banks were blocked from exchanging money with those internet poker sites. The FBI owns one of the biggest Bitcoin accounts. In September, the FBI shut down the Silk Road online drug marketplace, and it started seizing bitcoins belonging to the Dread Pirate Roberts — the operator of the illicit online marketplace, who they say is an American man named Ross Ulbricht. The FBI now controls more than , bitcoins that reside at a bitcoin address that consolidates much of the seized Silk Road bitcoins.
His stash is spread across many wallets. What kills me is that this little punk - the inventor of Bitcoin - Satoshi Nakamoto is a millionaire and he has done nothing to earn it. Are all you people just to stupid to see what a scam Bitcoin is? Then there is the fact that most retail merchants are not buying off on this bitcoin bull. It is hard to even find a handful of retail merchants that accept bitcoin. I think there are only 1, businesses in the world that will accept bitcoin, and most, if not all of these, are small merchants and none are large retail chains.
Amazon itself does not accept bitcoin; but, one or two of the independents that sell through Amazon do. Amazon will never accept Bitcoin instead of major credit and debit cards. It will never be accepted by any airlines or hotels. You will never be able to buy gas at a gas station with bitcoin. No retail banks will accept bitcoin. It will not matter in the near future because Bitcoin will be shut down by the USA government or if will self-Implode soon because of the wild market speculation and lack of controls.
It is mostly repeat comments from non-members that is favoring the "No" answers, which is why non-members should not be allowed to post anything an DDO. These people used to show up with a name "Anonymous. DDO has no way of stopping these "Anonymous" or now "no name" non-members from posting one to hundreds of answers to the same question.
Do make these question fair, DDO should either stop non-members from posting anything at this site, or allow members to post as many "Yes" or "No" answers to all questions as they want. Here's an excerpt from our announcement in Things don't get less serious in Our Word of the Year was exposure , which highlighted the year's Ebola virus outbreak, shocking acts of violence both abroad and in the US, and widespread theft of personal information.
Here's what we had to say about exposure in From the pervading sense of vulnerability surrounding Ebola to the visibility into acts of crime or misconduct that ignited critical conversations about race, gender, and violence, various senses of exposure were out in the open this year.
Fluidity of identity was a huge theme in Racial identity also held a lot of debate in , after Rachel Dolezal, a white woman presenting herself as a black woman, said she identified as biracial or transracial. Our Word of the Year in reflected the many facets of identity that surfaced that year. In , we selected xenophobia as our Word of the Year. Fear of the "other" was a huge theme in , from Brexit to President Donald Trump's campaign rhetoric.
Despite being chosen as the Word of the Year, xenophobia is not to be celebrated. It was a year of real awakening to complicity in various sectors of society, from politics to pop culture. From our Word of the Year announcement:. Our choice for Word of the Year is as much about what is visible as it is about what is not.
We must not let this continue to be the norm. If we do, then we are all complicit. Everything After Z by Dictionary. Change It wasn't trendy , funny, nor was it coined on Twitter , but we thought change told a real story about how our users defined Tergiversate This rare word was chosen to represent because it described so much of the world around us.
Bluster In a year known for the Occupy movement and what became known as the Arab Spring, our lexicographers chose bluster as their Word of the Year for Here's an excerpt from our release that year that gives a pretty good explanation for our choice: Privacy We got serious in