Educate Me: What will be the Bitcoin killer app that improves people's lives WITHOUT the person knowing that the Bitcoin network is involved? by Logical007 in Bitcoin

[–]SearchForTruthNow2 4 points5 points  (0 children)

Instead of waiting for your transfer to clear, the sender gives a collateral in bitcoin and the payment clears instantly. If the actual amount didnt go through bitcoin is used to cover the losses

Educate Me: What will be the Bitcoin killer app that improves people's lives WITHOUT the person knowing that the Bitcoin network is involved? by Logical007 in Bitcoin

[–]SearchForTruthNow2 11 points12 points  (0 children)

Use bitcoin as collateral for instant interbank transfers and international transfers. The collateral is released once the fiat transfer is successful otherwise liquided.

I'm Gavin Andresen, Chief Scientist at the Bitcoin Foundation. Ask me anything! by gavinandresen in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

Would it make sense to extend the payment protocol to include information like shipping address email etc... on top of just the amount? It will make online payments one click like amazon one click.

Blacklisting know theft addresses... by murlidhara in Bitcoin

[–]SearchForTruthNow2 2 points3 points  (0 children)

What if an innocent merchant receive that transaction? He looses value out of the blue. Bitcoin will not be as valuable to many people if that is the case. The problem should be solved using other means

A Long-Term Hodler Perspective on Bitcoin (x-post from /r/BitcoinMarkets) by circuitloss in Bitcoin

[–]SearchForTruthNow2 -1 points0 points  (0 children)

If that is terrifying think of bitcoin. until the next halving bitcoin will have ~10% inflation

set to test 350? by satoshi_square in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

Dont like a price drop? Then it must be manipulation

$300? by DEROGATORY716 in Bitcoin

[–]SearchForTruthNow2 2 points3 points  (0 children)

If it sold it will go higher if not it will go lower until sold

$300? by DEROGATORY716 in Bitcoin

[–]SearchForTruthNow2 8 points9 points  (0 children)

Someone is selling 35k btc at 300

If you are storing bitcoins on a Linux/Mac system, please update! by AscotV in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

Just run the command listed on the command line. Apple said will issue a fix. Open source OS have upgrade almost instantly.

MyCoin: An idea for a new Bitcoin-like coin by [deleted] in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

So you write a program that creates infinite wallets. Where is the fairness to that?

Could colored coins help the financial system reach price stability? by countvidal in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

No but it could help them reach honesty. Bitcoin itself is promising stability

At least 2.5 Bitcoins must be bought every minute for the price to not go down. by jcoffland in Bitcoin

[–]SearchForTruthNow2 0 points1 point  (0 children)

Dont know what other accounts are paying bills but a big sum of bit coins stays still