I've claimed some of my bitcoin gold, but I'm having an issue on one of my other wallets. I had transferred some from one of my wallets to another one of my wallets (so I held the bitcoin the entire time over the time BTC officially forked with BTG via two different wallets). I tried claiming it on either of the two wallets and it didn't seem to work. I hope that makes sense. Anything I can do? [Reply]
Originally Posted by TambaBerry:
lol continue to hate on progress, you were probably one of the people who were like wait the internet wait until that flops
are you aware of what my profession is? What I do? [Reply]
Originally Posted by BigRedChief:
are you aware of what my profession is? What I do?
The cost to create a fake bitcoin would be in the billions of dollars due to the nature of block chain technology. I guess I’m not sure what you mean by bitcoin getting hacked. [Reply]
Originally Posted by Jewish Rabbi:
The cost to create a fake bitcoin would be in the billions of dollars due to the nature of block chain technology. I guess I’m not sure what you mean by bitcoin getting hacked.
Block chain does greatly minimize your attack footprint. I'm really high on block chain tech becoming more mainstreamed sooner than later. I've already written up architectural proposals for some smaller shops to utilize block chain.
Hacked = stolen from the owners, not corrupting the bitcoin itself.
If you rob a bank or stuff a ballot box, there is paper representing that amount or ballot somewhere. Buy gold, thats physically somewhere. Its harder to hide the crime than a pure electronic transaction.
I worked at a place that was hacked 1 million times a day, every day. No one got through in the 4.5 years I was there. We know how to secure electronic data. But, its very costly to implement. And if you get to that level of security, you still have to deal with the weakest part of the security chain, us humans. [Reply]
LONDON (AP) — It's a promising form of electronic cash free from central bankers and beloved by hackers. It — Bitcoin — may also be in trouble, registering catastrophic losses that have sent speculators scrambling.
Although the cybercurrency has existed for years as a kind of Internet oddity, a perfect storm of developments have brought it to the cusp of mainstream use.
As currency crises in Europe piqued investors' interest, a growing number of businesses announced they were accepting bitcoins for an ever-wider range of goods and services. The value of a single bitcoin began racing upward amid growing media attention, smashing past the $100 mark last week before more than doubling again in just a few days.
Then came the crash.
The price of Bitcoin has imploded, falling from around $266 on Wednesday to just above $40 on Thursday, according to bitcoincharts.com, which tracks trades across the Internet. The best-known exchange, Tokyo-based Mt. Gox, has suspended trading for what it described as a 12-hour "market cooldown." By late Thursday, the currency was back up to just more than $100.
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The worst Tulip, is the unfunded mandates in the U.S.A. When that ponzi blows, it's over. [Reply]
