What is Bitcoin? Price in USD, Mining, Bitcoin wallet
The 2010s In Bitcoin: The Year 2011 - Forbes
Buy Classic Alpaca Socks with Bitcoin – All Things Decentral
AMA. Just got wiped of $120,000 , 20BTC
Old time miner here. I did retard. I went full retard good. Put the bitcoin in a mega.co.nz account during the fork. That account as it turns out had a cross site scripting attack that let someone get access to it. From there it was all bad news. One month after I put the coin there, it was emptied out! I was going to move them back today and saw the accounts were empty. Savings for me /parents are gone. (I've got a pretty poor family. This was like 12 years of savings equivilent). I bought alpaca socks for 5 or something like that bitcoin back in the day. I gambled away and won this 20 bitcoin which I forgot about which is why I had it. I was using an electrum wallet with a memorized password but it was also a reused password since I was lazy due to working far too much and being sleep deprived when I backed this up on my cloud storage. Key point, don't trust cloud storage. Mega.co.nz apparently is not as secure as I thought it was in that regard. Completely my fault. IF you're going to do cloud storage, encrypt with a password from keepass, not one you normally know. Not much I can do but continue working and go on with my life. TL;DR: early miner, lost all the rest of my BTC savings because I'm not smart. SPEZ: http://www.zdnet.com/article/hackers-say-they-took-mega-nz-admin-accounts-documents-source-code/ Might not have been the cross site scripting vulnerability. This might be part of it also.
The digital gold rush is upon us and I thought it would be helpful for those that only see Bitcoin as an investment to understand the philosophical reasons to own Bitcoin. To the bitcoin warriors out there, keep doing your thing to promote this revolutionary protocol. Peace and love. IF you’ve only recently tuned in to the seemingly endless conversation about bitcoin, you could be forgiven for thinking that the digital currency is little more than the latest Wall Street fetish or a juiced-up version of PayPal. After all, so many headlines in the last few weeks have focused on its market price and the cool stuff you can get with it: Bitcoin breaks $1,000! Bitcoin plunges by a half! Bitcoin has a banner Black Friday! Use bitcoin to buy a ride on Richard Branson’s starship! But all the talk about bitcoin’s value (or lack thereof) obscures the fact that it was never really meant as an investment nor primarily as a way to purchase sex toys or alpaca socks — let alone a brand-new Lamborghini. One could argue that bitcoin isn’t chiefly a commercial venture at all, a funny thing to say about a kind of online cash. To its creators and numerous disciples, bitcoin is — and always has been — a mostly ideological undertaking, more philosophy than finance. “The ideas behind it — that’s what attracted me,” said Elizabeth Ploshay, a regular writer for Bitcoin magazine, which describes its mission as being “the most accurate and up-to-date source of information, news and commentary about bitcoin.” And if the magazine has a mission, so, too, does the subject that it covers. As Ms. Ploshay explained it, bitcoin isn’t merely money; it’s “a movement” — a crusade in the costume of a currency. Depending on whom you talk to, the goal is to unleash repressed economies, to take down global banking or to wage a war against the Federal Reserve. For those with an uncertain understanding of its history, bitcoin entered the world on Jan. 3, 2009, when a shadowy hacker — or team of hackers — working under the name Satoshi Nakamoto released an ingenious string of computer code that established a system permitting people to transfer money to one another online, directly, anonymously and outside government control, in much the way that Napster once allowed the unrestrained transfer of music files. In a 500-word essay that accompanied the code, Nakamoto suggested that the motive for creating bitcoin was anger at the financial crisis: “The root problem with conventional currencies is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” It was fundamentally a political document and, as such, it attracted followers among libertarian and anarchist groups who saw in bitcoin a means of removing the money supply from the grasping hands of government. In blog posts and at bitcoin conferences around the globe, these evangelists began to spread its gospel. It is only in the last few months, as bitcoin has attracted the attention of political parties, regulators and speculative investors that the narrative of bitcoin as a tool for change has been drowned out by a simpler story line: that of bitcoin as a kind of crypto-credit card — or, even more, as a digitized casino game. “Price is the least interesting thing about bitcoin,” said Roger Ver, an early investor who is often called, in a typical movement phrase, the Bitcoin Jesus. “At first, almost everyone who got involved did so for philosophical reasons. We saw bitcoin as a great idea, as a way to separate money from the state.” While the bitcoin hype has inspired Ron Paulian dreams of evading inflation and undermining the Federal Reserve, the currency has also gained cachet among less conspicuously conservative adherents, like the founders of BitPesa, a start-up firm in Nairobi, Kenya, that plans to help Africans abroad send money to their families at home. According to the World Bank, $1.3 billion in remittances is sent each year to Kenya, a process that costs about $110 million in fees. By using bitcoin’s peer-to-peer technology to avoid banks and wire-transfer companies like Western Union, BitPesa hopes to reduce these fees by two-thirds, saving ordinary Africans $74 million annually. You know you’re talking to a true bitcoin believer if you hear the word “disruption.” But that’s how bitcoin is seen within the broader movement: as an unruly tool with potentially transformative effects on entrenched businesses like retail payment and asset management. “Right now in the United States, bitcoin is mainly considered a get-rich-quick scheme with a little financial privacy thrown in,” said Jon Matonis, the executive director of the Bitcoin Foundation, the self-proclaimed center of the decentralized crusade. “But its larger implications down the road are major disruptions to certain legacy industries.” Mr. Matonis added that the ideology of bitcoin was wide enough to accommodate people on all points on the spectrum — “from libertarian capitalists to socialists.” It not only has a following among the anti-central bank crowd, he said; it has also proved attractive to communitarians like the residents of the Kreuzberg neighborhood in Berlin, which now boasts the highest density of businesses accepting bitcoin in the world. There are even those who see bitcoin as the ultimate alternative to the global banking system. Ryan Singer, a co-founder of the bitcoin exchange Tradehill, based in San Francisco, compared the currency to email, conjecturing that it would gradually supplant traditional banking, just as digital messaging displaced handwritten letters. “When kids wake up to the fact that they don’t need their parents’ help to create a bitcoin wallet,” Mr. Singer said, “when they can use bitcoins for free international transactions, at any hour, in every major city on the planet, then you’ll know that something has changed.” Perhaps the best proof of bitcoin’s ideological underpinnings is that a schism has emerged in recent weeks between moderate elements in the movement who sense the necessity of cooperating with officialdom, and a more uncompromising faction that wants to keep bitcoin free from any government regulation. The hard-line bloc is exemplified by the crypto-anarchist developers of a bitcoin product called Dark Wallet, which is scheduled to be introduced next year and will include extra protections to ensure that bitcoin transactions remain secure, anonymous and difficult to trace. “We see this as part of the total sublation of the state,” said Cody Wilson, Dark Wallet’s director, who gained fame earlier this year when he published online the blueprints to a pistol that could be manufactured with a 3-D printer. “I know I sound like some kind of weird Jehovah’s Witness, but we’ve only just begun. We admit that we are ideologues.”
List of successful bit-coin companies and services
The recent news about Abra made me think that only our Organization is qualified to prepare an authoritative list of bit-coin companies and services, classified according to their degree of success. Here is my first try: Have significant demand by non-bitcoiners
Goals for this year: 100+ Merchants. (That's smaller this year! We're going to be only accepting quality merchants. After reviewing which sites actually got traffic and sales last year, the 'filler' merchants don't need to be there.)
It’s because we purchase and send them from poorly developed, Eastern European countries where cigarettes cost a fraction of the price you’re used to pay in the West. There are still huge discrepancies in the standard of living across this world’s countries and as long as this discrepancy persists (as long as you guys keep on borrowing), an arbitrage opportunity will exist and will be exploited. We think Bitcoin helps tremendously in this regard.
They claim it's perfectly legal and that you will not have to pay any duty or tax. They are of course lying through their teeth. Proper captains of the industry. Want to smoke in style? Get disposable Vapes from Julien Marley. Super classy mon. http://blackoutx.com/collections/juju-royal-by-julian-marley There are many herb related sellers. This one sells some kind of hemp based pills that has loads of potential health benefits. http://hempsci.com/ It has Sci in the name and mentions loads of chemistry stuff on the site so it must be totally legit. One of the main selling points is that it's legal so it has to be good. Want to grow stuff indoors, http://growershouse.com/ has all your hydroponic needs. I did not know bitcoiners grew their own spices and vegetables... Here's a place that sell herbal teas including one that cures diabetes. Or at least has anti-diabetic properties. According to one study. Also, it was done on mice. http://readyherbs.us/index.php/product/diabetes-tea/ Next up is http://www.thaidye.com/ which offers tie dye clothing. Felt like a good segue from the herbs. More clothes. The Mises store is on the list because of course it is. http://store.mises.org/Mises-Knows-Premium-Fitted-T-shirt-P10977.aspx And lastly, not alpaca socks but socks non the less. https://www.soxinabox.club/ Subscribe to socks. There are many more dubious business on the list but I'm way to lazy to talk about them all. Please, go through the rest of them because there's much comedy gold left to mine.
We've come a long ways and I'm at a point where I've decided I'm going to really pursue this with everything I've got in terms of energy and devotion. I've got a prior commitment hanging over my head towards the end of this month, but once I resolve that, I'm planning on spending a couple months really digging into NYAN and seeing what I can do. So far we've just chipped away at the edges, but already we've seen some pretty impressive results. Just a brief recap of our successes first and then I'll talk about my ideas. We've gone from 1-3 satoshi to 10-30 satoshi prices. Not bad. We've got two new block explorers up in response to the previous one going down. We've got an irc channel and active community members both here and there. And we've got me, the crazy bastard who's locked up 25% of the available supply and is planning to do everything he can to build up NYAN to its proper greatness, and got tipnyan going and did a major giveaway with it. Oh, and we survived a dump of ~10% of the available supply quite comfortably. Probably other stuff I'm forgetting about right now. So, what next? Well, a lot of stuff. This is just a huge dump of ideas for discussion and inspiration. It's not necessarily ordered, although I'll try to have it go roughly from simplest to most complex. These are by no means promises or guarantees. This is just stuff I think would be cool. Some of this isn't a "implement this", it's more of a blog post prompt or general concept.
Faucet - often requested, should be pretty basic
Wheel - easy enough; various nyan gambling would be interesting; it does raise some questions which will need to be considered
Updating the client, by first porting the latest Bitcoin release to a generic ScryptCoin implementation (or find a Scrypt-based coin which is up-to-date and suitable; is DOGE still Scrypt or did they switch when they rebased onto Bitcoin?) and then porting that to NYAN, so we have all the latest updates. Document this process. Release new binaries. Document the Windows build process in particular (doesn't seem to be documentation in the bitcoin repo).
NYANshift - shapeshift concept for NYAN. Support NYAN <=> DOGE to start.
Bounties - post some bounties for various important things; Nyancoin graphics / memes are huge here
Mobile apps - wallets for all major platforms is obviously the biggest step here, but additional nyan presence would be good too
Games - we've got a couple; giving them some more love and making more would be good; bots are a concern, but having some way to pay out NYAN for free NYAN games would be cool
Tie-ins with other coins - DOGE is obvious, but there are also a few others (BAT, MEOW, DIME) which I think have a lot of the same advantages of being "almost-dead" coins as NYAN originally did and which make sense to encourage as related coins where people can get a million a lot cheaper to have a place to start.
Bank of NYAN - There are a lot of ideas I have here. Let me just give you one sample: NYAN certificates of deposits with decent interest rates, like 12% annual for a one-year to start out with. Now, how is it possible to pay above market rates on interest like that? Well, risky currencies always have to pay higher rates to attract deposits. But it's also because the interest is paid in NYAN, so I can afford to back an unlimited amount because of the fixed supply given my reserves. That is: I could pay a year's interest on the entire supply of NYAN which I don't control at that rate. And of course, I'm not going to have all (or probably even a majority) of the outstanding NYAN deposited with me. So there are a lot of cool things which can be done with this. Again, some issues this raises to consider (legal/accounting), but I believe this can be dealt with.
Recruit graphic design talent - we've got to get back to the shiny nyancoin memes
.nyan TLD - figure out what it takes to register with ICANN. I was inspired on this by .sucks being registered. It used to be that it was basically "be a country" to get a TLD, but that seems relaxed. coin.nyan, bank.nyan, there are a lot of cool options at that point.
We need a NYAN Council/Foundation/entity legal incorporation somewhere eventually. This raises a lot of questions. I believe I have a very good option for this, which will tie into an identity linking I'm going to do. My next post will talk more about this.
Peer exchange/list - Basically an on-going / automated version of the nyan nodes map, which will make it possible to see addresses to connect to, etc.
Going from 'almost dead' to 'survival inevitable' - this is more of a blog post idea, but this is sort of the phase we're in right now; finishing shoring up the essentials and getting to the point where we can lose anything and keep going
Going from 'survival inevitable' to 'steady growth' - Not necessarily growth purely in price, although that, but in community and tech particularly.
Going from 'steady growth' to 'spiky' - This is when we start to launch: when we're getting new buyers coming in and spiking the price. We don't have perfect stability then, but I'm glad to trade stability for growth.
NYANball - If you don't know what it is, you will. I guarantee it.
Ɲ > $ - 'Mars' goal; 3-5 years or longer? But this very idea has a lot of implications to consider. If NYAN can eventually surpass the USD, well, it'll be a very interesting world we'll be in. I consider the 'moon' target to be Ɲ > $0.01, which is certainly a stretch goal, to put it mildly. But it's these sort of dreams which inspire me to work on this project.
MERCH! - one consideration here is that I should try to get in touch with the creator of nyancat to confirm that we're cool and I expect that we'll need to make sure any merchandise is nyancoin and not nyancat to avoid infringing; make stickers, etc. and promote /nyancoins
Buying DOGE to back NYAN - in order to back 1Ɲ >= 1Đ, it's helpful to have a reserve of DOGE ready to buy NYAN. Of course, current market prices don't support 1Ɲ >= 1Đ, but I expect we'll get there again, and I expect DOGE and NYAN to be an increasingly active trade pair.
Using UNO to back NYAN - I'm not exactly sure what exactly this implies apart from making bids in UNO for NYAN. I've got a bunch of UNO (420) and don't necessarily want to keep holding it, so this would be a good use.
The Miracle of NYAN - blog post + general theme; so far what we've done can be seen as a blip; as we keep going, the incredible recovery will be one of the core strengths for us to talk about. It's the resiliency and determination and ultimate vindication. Everyone loves this trope. Well, perhaps apart from some haters, but haters gunna hate.
Rainbow log charts - this just came to me; wasn't on my main list. But now that it's occurred to me...yes, we need this. Graphing NYAN is a little insane. Sort of a U shape, lol.