bitcoins

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dagle

Well-known member
lol why are you raining on panthera’s parade? he just wants to flex his btc a little on good fortune. it’s an exciting time for people invested into crypto, they might be a little chatty
 
UDRider

UDRider

FLCL?
My bad.
I am genuinely curious with what will happen to btc.
I read that China might be introducing some kind of digital currency, and that it might threaten US dollar status as reserve currency.
 
D

dagle

Well-known member
increasing the bits on SHA will increase difficulty for everybody, the unknown part is if it is enough to deter people with quantum computing setups. we are still in quantum computing infancy with trillion dollar companies working on good use cases, i don't think we can definitively say what is and isn't possible at present.

i'm a dev by profession (a bad one if you ask udrider though) and i'm hesitant to say that SHA512 or 1024 would futureproof bitcoin.
 
Mike95060

Mike95060

Work In Progress
dagle said:
increasing the bits on SHA will increase difficulty for everybody, the unknown part is if it is enough to deter people with quantum computing setups. we are still in quantum computing infancy with trillion dollar companies working on good use cases, i don't think we can definitively say what is and isn't possible at present.

i'm a dev by profession (a bad one if you ask udrider though) and i'm hesitant to say that SHA512 or 1024 would futureproof bitcoin.
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I remember when you were interviewing, err working, for free so your probably improving. ;)
 
Demoni

Demoni

Well-known member
Blankpage said:
Yeah I’m looking to buy and hold, sit on it for a couple of years
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You should look into transfering your long term coin holdings to a platform like Celsius or BlockFi. Might as well let your money work for you and earn some interest.
 
DynastySS

DynastySS

So slow it's criminal
I'll never forget sitting on my couch with a friend who had bought 6,500 bitcoin for $0.33 and the price had risen to $1.80. He asked if he should liquidate and capture the profit. I said absolutely.

Oops.
 
Blankpage

Blankpage

alien
DynastySS said:
I'll never forget sitting on my couch with a friend who had bought 6,500 bitcoin for $0.33 and the price had risen to $1.80. He asked if he should liquidate and capture the profit. I said absolutely.

Oops.
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And still riding that ratty old Gixxer he bought from his profits
 
DynastySS

DynastySS

So slow it's criminal
Blankpage said:
And still riding that ratty old Gixxer he bought from his profits
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Ha he is ok in life. We joke about it a few times a year. The reality is if you debated selling at $1.80 there is no world in which you hold to $40k. Only person who did that forget they ever had the coins to begin with.
 
Climber

Climber

Well-known member
Oops. Life sucks when you can't remember your password.

SF Bitcoin owner can't remember password for account worth $220 million
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.

The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 bitcoins. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50% from just a month ago when it passed its previous all-time high around $20,000.
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Chalk it up to life's lesson's from other's mind blowing fuck-ups. :laughing
 
rodr

rodr

Well-known member
SM610

SM610

Well-known member
By the way, the wife thinks we have 2 bitcoin on a computer in the garage attic. I should probably look into that...

:rofl

I promise to admit it if they're in there and we cant open it!:laughing
 
Blankpage

Blankpage

alien
What percentage of support centres tickets are related to forgotten passwords.

I had to call them today cause I forgot the one I set back before I went on holidays.

Used to be I’d make my password the company name + a number. I’d increment the number every time I was asked to change my password. Back in December the new security features didn’t allow us to do that anymore. They messed up my system :mad
 
T

TylerW

Agitator
Blankpage said:
What percentage of support centres tickets are related to forgotten passwords.

I had to call them today cause I forgot the one I set back before I went on holidays.

Used to be I’d make my password the company name + a number. I’d increment the number every time I was asked to change my password. Back in December the new security features didn’t allow us to do that anymore. They messed up my system :mad
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Wait.... you actually talk to humans to get password support?
 
Climber

Climber

Well-known member
Another bitcoin sob story...

Man who accidentally threw out a bitcoin fortune offers $70 million for permission to dig it up
(CNN)A British man who accidentally threw a hard drive loaded with bitcoin into the trash has offered the local authority where he lives more than $70 million if it allows him to excavate a landfill site.

IT worker James Howells got rid of the drive, which held a digital store of 7,500 bitcoins, between June and August in 2013. He had originally mined the virtual currency four years earlier when it was of little value.
But when the cryptocurrency shot up in value and he went in search of it, he discovered that he had mistakenly thrown the hard drive out with the trash.

Now, with his lost bitcoin having soared even further, Howells has approached Newport City Council in Wales to ask for permission to dig a specific section of the landfill site where he believes the hard drive ended up.
In return, he has offered to pay the council a quarter of the current value of the hoard, which he says could be distributed to local residents.
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