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  • How does an SPV wallet use the headers that it downloads?, par priestc, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    My understanding is that an SPV wallet downloads "headers only". These headers are not enough to get a UTXO set, so it has to rely on another data source when it comes time to move bitcoin. If thats the case, then why does it even need the (...) Read more priestc
  • The Eurocrats’ Big Lie——Life Outside The Euro Has Worked Just Swell For Romania, Bulgaria, Poland, Turkey, The Czech Republic Etc., 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    By BRETT ARENDS at Marketwatch Will the euro-fanatics please stop lying to the people of Greece? And while they’re at it, will they please stop lying to the rest of us as well? Can they stop pretending that life outside the euro — for the Greeks or any other European country — would be a fate worse than death? Can they stop claiming that if the Greeks go back to the drachma, they will be condemned to a miserable existence on the dark backwaters of European life, a small, forgotten and isolated country with no factories, no inward investment and no hope? Those dishonest threats are being leveled this week at the people of Greece, as they gear up for the weekend’s big referendum on more austerity. The bully boys of Brussels, Frankfurt and elsewhere are warning the Greek people that if they don’t do as they’re told, and submit to yet more economic leeches, they may end up outside the euro … at which point, of course, life would stop. Bah. What I find amazing about the euro-fanatics is they just don’t seem to care about facts. Take a look at the chart at the top of this article. It compares the economic performance of Greece inside the euro with European rivals that don’t use the euro. Those other countries cover a wide range of situations, of course — from rich and stable Denmark, to former Soviet Union countries, to Greece’s neighbor Turkey, which isn’t even in the European Union. But they all have one thing in common. During the past 15 years, while Greece has been enjoying the “benefits” of having Brussels run their monetary policies, those poor suckers have all been stuck running their own affairs and managing their own currencies (if you can imagine). And you can see just how badlyOriginally appeared at: http://davidstockmanscontracorner.com/the-eurocrats-big-lie-life-outside-the-euro-has-worked-just-swell-for-romania-bulgaria-poland-turkey-the-czech-republic-etc/The Eurocrats’ Big Lie——Life Outside The Euro Has Worked Just Swell For Romania, Bulgaria, Poland, Turkey, The Czech Republic Etc. is a story from: BitcoinWarrior.net
    The Eurocrats’ Big Lie——Life Outside The Euro Has Worked Just Swell For Romania, Bulgaria, Poland, Turkey, The Czech Republic Etc. is a story from: BitcoinWarrior.net
    The post The Eurocrats’ Big Lie——Life Outside The Euro Has Worked Just Swell For Romania, Bulgaria, Poland, Turkey, The Czech Republic Etc. appeared first on Bitcoin Warrior. Read more
  • Bitcoin is Transforming the Remittance Market Around the World, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
          Originally appeared at: http://bitcoinist.net/bitcoin-transforming-remittance-market-around-world/Bitcoin is Transforming the Remittance Market Around the World is a story from: BitcoinWarrior.net
    Bitcoin is Transforming the Remittance Market Around the World is a story from: BitcoinWarrior.net
    The post Bitcoin is Transforming the Remittance Market Around the World appeared first on Bitcoin Warrior. Read more
  • Bitcoin is Most Often Used to Purchase Sheets: Infographic, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    According to the following infographic from Coupofy, Bitcoin usage on Overstock.com tends toward everyday, household items. The image visualizes data that the creators have culled from various sources about the usage of bitcoins, and notably, transaction volume using Bitcoin as a currency increased by almost 100% between 2013 and 2014, despite the downward trajectory of the Bitcoin price all last year. The subject of bitcoins the currency versus Bitcoin the investment strategy has been a common theme throughout the history of the technology. While the technology was propelled by early adopters who saw the value of transparency in transactions as well as digital precision in remittance, the first successful use case of bitcoins was truly in dark net markets like the Silk Road, where its censorship-resistance and difficulty to track made it unique among options. Indeed, Silk Road couldn’t have happened without something like bitcoins. The jury is still out on 2015 and Bitcoin more generally, but it seems that if trends like those depicted in the graphic continue, “mass adoption” could be a reality within our lifetime. The question of what mass adoption really means, however, has yet to be settled. Some believe that it means hundreds of millions or even billions of people holding Bitcoin wallets and intimately familiar with how the currency works. Others define it more as a situation wherein most transactions are handled by the Bitcoin network but very few actually come into contact with bitcoins. What do you think? Is merchant adoption an important aspect in the progress of Bitcoin, or aOriginally appeared at: https://www.cryptocoinsnews.com/bitcoin-often-used-purchase-sheets-infographic/Bitcoin is Most Often Used to Purchase Sheets: Infographic is a story from: BitcoinWarrior.net
    Bitcoin is Most Often Used to Purchase Sheets: Infographic is a story from: BitcoinWarrior.net
    The post Bitcoin is Most Often Used to Purchase Sheets: Infographic appeared first on Bitcoin Warrior. Read more
  • Passcard- Identity on the Blockchain, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    How many email account does an average person have these days? What about the number of social networks we are all part of? An average person has accounts created in at least three social networks and users two or three email ids. Apart from email and social media accounts there are many other websites that we visit on a regular basis to access resources or for entertainment. Not to forget bitcoin wallets and exchanges. A lot of these websites require the users to login to access content or to interact with the platform. As the number of applications we use increases, the number of login credentials we need to remember will also increase. We may think of a couple of solutions to overcome these issues. Use the same login credentials for all applications Use social media sign-in for all applications They are both easy and simple solutions, but relying on either one of those is not an intelligible thing to do. If we use the same login credentials for all our accounts, we will be leaving them all vulnerable to attacks. Even if a single account gets compromised, it is as good as losing control over all our accounts on the internet. Hence, it is not advisable to have the same credentials set for all the accounts. The social media sign-ins using Google, Facebook, Linkedin or  Twitter, we will end up sharing our browsing history and other relevant data with these big companies who will in turn use them for to make more money by sending out targeted ads or selling personal information to other advertising companies. Not many are comfortable sharing their personal information with these big corporates. When we group our whole internet activity together and look at the macro view, we will realize that our entire persona is outOriginally appeared at: http://www.newsbtc.com/2015/07/05/passcard-identity-on-the-blockchain/Passcard- Identity on the Blockchain is a story from: BitcoinWarrior.net
    Passcard- Identity on the Blockchain is a story from: BitcoinWarrior.net
    The post Passcard- Identity on the Blockchain appeared first on Bitcoin Warrior. Read more
  • Bitcoin is Most Often Used to Purchase Sheets: Infographic, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    According to the following infographic from Coupofy, Bitcoin usage on Overstock.com tends toward everyday, household items. The image visualizes ... Read more
  • Minerd not showing boo or yay, par Liam Schumm, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    I ran ./minerd -a sha256d -o stratum+tcp://stratum.f2pool.com:3333 -u (my username).node1. Here is a sample of the output: [2015-07-05 07:15:23] thread 1: 146649416 hashes, 2332 khash/s [2015-07-05 07:15:24] thread 2: 146553656 hashes, 2336 khash/s [2015-07-05 07:15:25] thread 0: 146977944 (...) Read more Liam Schumm
  • Send Bitcoin payments to any bank via API, par jjester, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    I am looking into paying our overseas suppliers via bitcoin to speed up the process of settling invoices. The issue is that I don't want them to have to deal with bitcoin themselves. My question is - is there an API available that I can use to build my app that will allow me to deposit BTC (...) Read more jjester
  • Bitcoin is Transforming the Remittance Market Around the World, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    A recent article by Forbes shows that Frontline Media Publications have started accepting the fact that Bitcoin is emerging as a leading option to help ... Read more
  • Nick Szabo on How Bitcoin Could Help Greece, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    Bitcoin, however, will not help the Greeks from withdrawing money out of their frozen bank accounts, he said. For the Greeks to avoid the current ... Read more
  • Does Bitcoin Have a Future in Cuba?, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    The Latin American nation of Cuba is the only socialist country in the world that follows Marxist-Leninist principles. Located in the Caribbean, the ... Read more
  • Bitcoin-competitor Trests offer money worth 2000 euros to Greeks as banks remain shut, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    Trestor Foundation, headquartered in Toronto, Canada, developed a Bitcoin-rivalling virtual “cryptocurrency” called Trests, and is now offering 2,000 ... Read more
  • Buy bitcoins with my regular AMEX (american express card), par anonym_mouse, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    I can not find any website or service to buy bitcoins with my AMEX. www.bctquick.com does not work aymore ? (webpage inactive) any advise ? Read more anonym_mouse
  • Getting historic exchange data through an API, par Jabburen, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    I'm trying my hands on a trading bot, but I need a website to pull trade data for min. the last 3 days. This can be from any major exchange. Eg. the exact same as this: https://www.bitstamp.net/api/transactions/ But this only allows retrieval of transactions max. 1 hour old (or am I (...) Read more Jabburen
  • Trading Bots to Automate Cryptotrading for You, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    Trading, whether it is bitcoin, forex or commodities follows a simple logic. Buy them and sell them at a higher price. More the price difference better. Read more
  • Dutch Government Officials To Change Privacy Laws With Bulk Online Surveillance, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    With several countries around the world figuring out how to regulate Bitcoin and digital currency, the question becomes whether or not officials in The ... Read more
  • Why The Eurocrats Are Petrified——What The Falling Dominoes of ‘Grexit’ Look Like, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    Earlier today, Yanis Varoufakis reiterated his core thesis driving the entire Greek approach from day 1 of its negotiations with the Eurogroup: “Europe [stands] to lose as much as Athens if the country is forced from the euro after a referendum on Sunday on bailout terms.” This is merely a recap of what we said 4 years ago when in July of 2011 we explained “How Euro Bailout #2 Could Cost Up To 56% Of German GDP“, recall: the bottom line is that for an enlarged EFSF (which is what its blank check expansion today provided) to be effective, it will need to cover Italy and Belgium. As AB says, “its firepower would have to rise to €1.45trn backed by a total of €1.7trn guarantees.” And here is where the whole premise breaks down, if not from a financial standpoint, then certainly from a political one: “As the guarantees of the periphery including Italy are worthless, the Guarantee Germany would have to provide rises to €790bn or 32% of GDP.” That’s right: by not monetizing European debt on its books, the ECB has effectively left Germany holding the bag to the entire European bailout via the blank check SPV. The cost if things go wrong: a third of the country economic output, and the worst case scenario: a depression the likes of which Germany has not seen since the 1920-30s. Oh, and if France gets downgraded, Germany’s pro rata share of funding the EFSF jumps to a mindboggling €1.385 trillion, or 56% of German GDP! Several years later, in anticipation of precisely the predicament Europe finds itself today, the ECB did begin to monetize European debt, which has since become the biggest European risk-shock absorber of all, and the one which the ECB is literally betting the bank on: just countOriginally appeared at: http://davidstockmanscontracorner.com/why-the-eurocrats-are-petrified-what-the-falling-dominoes-of-grexit-look-like/Why The Eurocrats Are Petrified——What The Falling Dominoes of ‘Grexit’ Look Like is a story from: BitcoinWarrior.net
    Why The Eurocrats Are Petrified——What The Falling Dominoes of ‘Grexit’ Look Like is a story from: BitcoinWarrior.net
    The post Why The Eurocrats Are Petrified——What The Falling Dominoes of ‘Grexit’ Look Like appeared first on Bitcoin Warrior. Read more
  • Developers to create blockchain based “Alexandria” library, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    Historians have estimated that human civilization was set back by as much as a thousand years when the Library of Alexandria was burned done. The Library was a massive storehouse of the knowledge and cultures of the ancient world, and had emerged as a gathering place for scholars and intellects from across the Mediterranean and beyond. No one is sure of how, why, or even when the library burned down, and in fact, scholars speculate that the library was burned down several times. Now, a development team is looking to prevent any future “Library of Alexandria events” by building an online, peer-to-peer repository of knowledge. Experts are pointing to a rapid decline in paper books as part of a growing trend away from paper and towards ebooks. While ebooks can be highly convenient, they might leave human knowledge vulnerable to network outages, computer viruses, government censorship, and other risks. The new Alexandria is looking to make itself fireproof, an indestructible repository of human knowledge and civilization that that will be able to survive any disaster. By creating such a vault of knowledge, the program’s developers hope to help humanity avoid another “Alexandria event”, referring to the massive loss of knowledge when the Library of Alexandria burned. And the developers behind Alexandria are looking to accomplish this by using some bitcoin-based technology, specifically the blockchain. If you’re unfamiliar with bitcoin’s blockchain, we’ll go ahead and give you a brief overview. Bitcoin works by harnessing the power of the community in order to create a massive public ledger, called the blockchain. This blockchain contains all of the information regarding every single bitcoin transaction ever made. Instead of running high-powered servers and processing stations to track all of these transactions, bitcoin has the community “mine”, or build theOriginally appeared at: https://99bitcoins.com/developers-to-create-blockchain-based-alexandria-library/Developers to create blockchain based “Alexandria” library is a story from: BitcoinWarrior.net
    Developers to create blockchain based “Alexandria” library is a story from: BitcoinWarrior.net
    The post Developers to create blockchain based “Alexandria” library appeared first on Bitcoin Warrior. Read more
  • Bitcoin Price Weekly Analysis – GOLD Alternative?, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    Key Highlights Bitcoin price surged higher and moved above a few critical resistances as there were inflows noted for the digital currencies due to the risk off sentiment. The price is well above the 100 simple moving average on the 4-hours chart, which is a positive signal. Bitcoin inflows suggest that the digital currencies started taking advantage of the risk off sentiment. We in the previous weekly analysis suggested that the Bitcoin price might trade higher and clear an important hurdle around 250.00 to surge higher. There was a clear break above a major resistance level of 250.00, which opened the doors for a move towards the next barrier of 260.00. Buyers managed to break the mentioned level and the price traded as high as 267.94 where it found sellers. Buy dips? The price after trading close to the 270.00 level started a correction phase and also tested the 50% Fib retracement level of the last leg from the 240.00 low to 267.90 high. The stated Fib level acted as a support for the short term and pushed the price higher. It looks like the price has completed a minor correction phase, and more upsides are likely moving ahead. One important point is that the 100 simple moving average is placed below the current price and might act as a support if the price dips from the current levels. There is a bullish trend line on the 4-hours chart, which is also a support area. There is a lot of buying interest seen on the dips, as a number of supports are aligned on the downside. The 4H RSI is also positioned in the bullish zone, suggesting gains in the near future. Intraday Support Level – 255.00 IntradayOriginally appeared at: http://www.newsbtc.com/2015/07/05/bitcoin-price-weekly-analysis-gold-alternative/Bitcoin Price Weekly Analysis – GOLD Alternative? is a story from: BitcoinWarrior.net
    Bitcoin Price Weekly Analysis – GOLD Alternative? is a story from: BitcoinWarrior.net
    The post Bitcoin Price Weekly Analysis – GOLD Alternative? appeared first on Bitcoin Warrior. Read more
  • Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls, 5 July 2015

    Sunday 5 July 2015 :: Alltop - bitcoin :: RSS
    Share ! tweet There is at least one legal way to get your euros out of Greece these days, to guard against the prospect that they might be devalued into drachmas: convert them intoBitcoin. Although absolute figures are hard to come by, Greek interest has surged in the online “cryptocurrency”, which is out of the reach of monetary authorities and can be transferred at the touch of a smartphone screen. New customers depositing at least 50 euros with BTCGreece, the only Greece-based Bitcoin exchange, open only to Greeks, rose by 400 percent between May and June, according to its founder Thanos Marinos, who put the number at “a few thousand”. The average deposit quadrupled to around 700 euros. Using Bitcoin could allow Greeks to do one of the things that capital controls were put in place this week to prevent: transfer money out of their bank accounts and, if they wish, out of the country. (Also See:Former US Agent Pleads Guilty to Bitcoin Theft in Silk Road Probe) “When people are trying to move money out of the country and the state is stopping that from taking place, Bitcoin is the only way to move any value,” said Adam Vaziri, a board member of the UK Digital Currency Association. “There aren’t any other options unless you buy diamonds, and that’s very difficult to move.” But Marinos said the Bitcoin buyers’ main aim was to shield their money against the prospect that Greece might leave the euro zone and convert all the deposits in Greek banks into a greatly devalued national currency. If voters reject the demands of international creditors in a referendum on Sunday, this becomes much more likely. “A lot of people are keeping all the Bitcoins they buy on our platform, until they understandOriginally appeared at: http://udaipurkiran.com/fearing-return-to-drachma-some-greeks-use-bitcoin-to-dodge-capital-controls/Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls is a story from: BitcoinWarrior.net
    Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls is a story from: BitcoinWarrior.net
    The post Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls appeared first on Bitcoin Warrior. Read more
  • php private key to wallet import format (wip), par Gemohn Herbile, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    I have been writing a php file intended to create a bitcoin private key and change it to wallet import format. The issue is when I try a command in a gnome-terminal such as: bitcoin-cli importprivkey ygm8fAjomMyKVcb8vK8MPBByYpMDySY1vAxcpw6DUfPBHb8kv "" false I get an error: error: (...) Read more Gemohn Herbile
  • Bitcoin Price Weekly Analysis – GOLD Alternative?, 5 July 2015

    Sunday 5 July 2015 :: Google News Alerts - bitcoin :: RSS
    We in the previous weekly analysis suggested that the Bitcoin price might trade higher and clear an important hurdle around 250.00 to surge higher. Read more
  • Does the electrum client decide the best chain on the basis of how much work was done, or how long the chain is?, par Nick ODell, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    Bitcoin Core compares blockchains based on how much work they contain, and not necessarily which one is longest. This is useful for preventing time warp attacks. This comment on HN says that the electrum client doesn't implement this, and just naively compares chain length: Yes. It's (...) Read more Nick ODell
  • Can Bitcoin be stolen by making a large number of private keys, par Mason Wright, 5 July 2015

    Sunday 5 July 2015 :: Bitcoin questions on Stack Exchange :: RSS
    So I was thinking what if someone was to create a VERY large amount of private keys then check the balance then if it has any bitcoins, deposit them to their own wallet would that be possible or not? Read more Mason Wright
  • MtGox Situation, 5 July 2015

    Sunday 5 July 2015 :: Google Alerts - mtgox :: RSS
    MtGox Situation. ... Re: MtGox Situation. July 03, 2015, 07:49:34 PM. #2. Sure you did... LiteCoinGuy. Hero Member * Offline Activity: 812. In Satoshi I ... Read more
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