Posts by Desgrippes

Junk food meets junk money: KFC starts selling Bitcoin Bucket

open your eyes!

https://www.stateofthedapps.com/

IOT machine to machine transactions, smart contracts for loans with middle men, chain of supply tracement, censorship resistance, you must have your eyes stitched shut or maybe just tunnel vision?

What a surprise, those with most to lose are steering their clients away? I imagine the horse salesmen were rather froide on cars too.

Re: Oh the irony

If you are paying 50$ you're being mugged. All the same, It is too high right now but new solutions such as Lightning is jut round the corner and there are also viable alternatives that are inexpensive to send such as Litecoin or Bitcoin Cash.

Cryptocurrencies to end in tears, says investor wizard Warren Buffett

Re: What happens when all the coins have been mined?

Miners continue to earn fees on the transactions and continue to secure the network.

Re: gambling

Maths is hard? You could have calculated the potential profit/loss to the last penny. In fact you could just enter the numbers on a site that does it for you, but that is too hard too?

The software is open source with a plethora of devs working on it, it's not hard to research the 'trust' element if you can't review the code yourself.

Even if you dislike bitcoin it has been immensely useful in so many ways to test:

1. A level of security (0 hacks, not a penny lost to any technical attack vector) of an amount of money unrivaled by any institution or software.

2. A game theoretic means of implementing consensus across a trustless global network.

3. A censorship resistant form for the transmission of value.

4. An immutable ledger of transactions which is again trustless.

Re: It's 100% your choice and decision

That is incorrect. The dip you refer to was to around 500 bucks (in Jan) and it never went back to anything close to 100. The 9 upvotes are indicative of the levels of ignorance in these parts.

If you look at gold price from the 70s on there as much volatility or more in some periods.

Google is so hard.

I'm always somewhat shocked to see the levels of ignorance and blind disdain of crypto in the comments here. I would have thought technically minded people would 'get it'. I don't mean the speculation but the boundless opportunities many of these technologies open up. Then again, I remember how people thought the internet was a fad in the 90s. Crypto will not be far off in terms of importance and effects on society.

You can use a card from TenX, Monaco, Centra or others and spend crypto wherever Visa is accepted.

Re: Who really does understand them?

The value is simple, it is what one is willing to pay or sell at in the free market. If you mean intrinsic value then there are many properties that are shared between say Bitcoin and Gold.

Re: third generation

I use a non-web XRB wallet. You must not be looking very hard as there is a download link on the site.

Loose-change payment network Microraiden launches on Ethereum

Re: What about the biggest problem?

Ethereum will be moving to Proof of Stake (as opposed to Bitcoin's Proof of Work) model for mining and confirm transactions, this will not be at all energy intensive as it does not rely on complex calculations.

Re: Why not Visa or Mastercard?

Trust

Crown Prosecution Service is coming for crooks' cryptocurrency

Re: Legal may not be possible ...

Yep, people are still to learn that the idea of jurisdiction becomes largely defunct when dealing with cryptocurrencies themselves.

It is treated as a type of foreign currency or private money in the eyes of the law in the UK.

Parity's $280m Ethereum wallet freeze was no accident: It was a hack, claims angry upstart

Re: Whilst I have sympathy..

https://www.ted.com/talks/don_tapscott_how_the_blockchain_is_changing_money_and_business

Re: Piece of p**s to think up a new crypto currency.

If the shit really hits the fan, good luck with that.

Re: The Blockchain

It can be rolled back but the one of blockchains greatest features is immutability and censorship resistance, when you roll back (fork) you lose credibility.

LOL - you are not up to date with ETH trading volumes.

Re: Whilst I have sympathy..

Yup, you most certainly are education is key. Streaming money is an inescapable reality , I'm astounded by level of ignorance (not by you personally) in the comments of a technical publication.

Better filters won't cure this: YouTube's kids nightmare

Re: 70's disturbing TV

Here comes The Wagon.....

Why are we disappointed with the best streaming media box on the market?

What about the NVIDIA Shield TV? That is a decent streamer (and more)...

Nvidia waves 4King big Android Shield at games console warzone

It's a cool bit of kit

I bought one two months ago and love it. It runs KODI flawlessly and I use it for IPTV as well. The gaming experience is fair, it doesn't shape up so well against the PS4 but my 5 year old loves a lot of the games and the remote with headphone jack and voice search is ace! All in all it is a bit pricey but it's a fine bit of kit.