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What the answers to my question indicate is that there is no such thing as a Bitcoin - that the only fundamental difference between Bitcoin and, for example, the fiat "Dollar" is that Bitcoin is not legal. From your backdoor example, my understanding is you seem to convey Bitcoin Protocol is open for full inspection by public. That is to say that most participants are NOT miners. Are rewarded with transaction fees or newly minted bitcoins." Checkingfax ( talk ) 00:16, (UTC) "or" would imply that it's one or the other. Why would it be confusing to call something a database? Silbtsc ( talk ) 18:51, 31 December 2013 (UTC) I agree with what Silbtsc said about standards. The simple text-free logo came up with a whopping 43,600,000 results. In the first/second para, I think we need to do justice to simply what is Bitcoin (current lede does a good job) and why its important (first to solve double spend in decentralized payments). Bluepost22 ( talk ) 16:11, 20 November 2013 (UTC).
Laser brain (talk) 16:03, 2 December 2013 (UTC) current bitcoin value uk Preceding unsigned comment added by ( talk ) 14:06, 6 December 2013 (UTC) That article discusses incidents of Bitcoin fraud, supporting the "covered in the media" part of that sentence, but that part isn't in doubt. Just drop me a note on my talk page. Asic - Application Specific Integrated Circuit asic 's are Chips specifically designed to perform only one task, with their circuity physically locked to performing only one function over and over. Miners are NOT the only operators of the network. Chris Arnesen 20:58, 3 December 2013 (UTC) Laser Brain fixed it Chris Arnesen 22:37, 3 December 2013 (UTC) Argh, my apologies! In this way, you will have greater chances for seeing a real ROI. How 'bout something like "seized 144,000 bitcoins from which were worth approximately US28.5 million at the time of the seizure." N2e ( talk ) 19:06, 23 December 2013 (UTC) It seems the optimal solution to give both the number. Laser brain (talk) 20:11, 25 December 2013 (UTC) Was it a music service?
The key point is that possession of bitcoins ( the unit of currency ) in no way implies ownership of that technology or network. Rezonansowy ( talk contribs ) 19:53, (UTC) Fleetham, could you reply? Fleetham ( talk ) 20:37, (UTC) I'm not attacking your person, I'm attacking your edits, which are detrimental to the article and indicate some misunderstanding of the technical underpinnings. The guv'mint has a vast array of means of propaganda so they can also hype up the value of money. Some say that the entries in Wikipedia are "articles but of course they're really "hypertext documents." However, Wikipedia articles current bitcoin value uk are not commonly referred to as "hypertext documents and similarly, a transaction log need not be called by the rather cumbersome "transaction. I understand the desire to highlight the fact that Bitcoin functions without a central authority, but we should focus on Bitcoin is, not what it's not. If, however, you believe that the statement "there is an increasing use of bitcoins" is closer in meaning to "bitcoin use has increased" than "bitcoin use increased in the past and will continue to do so I think you should reevaluate your position. The verify and timestamp/ record/broadcast part is done by a regular CPU. Fleetham ( talk ) 03:56, 31 December 2013 (UTC) You're right, "has burgeoned" or similar would be fine. If no one wanted to buy gold, gold would not have a market price.
Dollars, by credit card, PayPal, or Amazon, but not giving an option to donate bitcoins. The total number of money is final and it's known in advance, its release in the circulation is defined just by mathematical laws. The phrase "transaction log" is a general term, and the current Wikipedia article titled "transaction log" is probably better titled "transaction log (computing)." As you probably know, this sort of thing can happen on Wikipedia, where most of the authors current bitcoin value uk are more technical by nature. The Bitcoin protocol has these properties - see m/bitcoin/bips. Laser brain (talk) 19:10, 5 December 2013 (UTC) You might want to start with reading the article on money.
I'm happy to contribute. Fleetham ( talk ) 07:35, 15 December 2013 (UTC) I hope you don't find it patronizing for me to" the following from a definition of Present Progressive Tense: "Because the present progressive.e. This has invoked various articles in mainstream web media such as Forbes, Business Insider, The Street, cnbc, The New York Times, LA Times, The New Yorker and many more cherry pick and magnify the negatives on Bitcoin or are just plain confused about the topic. That's the new starting point. The article specifically mentions companies and stocks, but the same concept can be applied to any asset. It should be possible to find them. Right now the fee structure is "hard coded" into the "reference client" that most people use (bitcoin-qt). Chris Arnesen 15:18, 17 December 2013 (UTC) This is silly. Chris Arnesen 01:02, 26 November 2013 (UTC) There's currently much discussion in the Bitcoin world over the fee problem and the backlog of delayed confirmations.
Chris Arnesen 16:36, (UTC) Done Legal status section In my opinion this section is far too long, unwieldy, and list-like. You could use it to prove you were in possession of some piece of knowledge / intellectual property at a given date. Most importantly, the current price of one bitcoin isn't really even discussed in the article. But if you choose to use a third party, you need to worry about that third party swindling you or becoming bankrupt. Why would we stop at? When you remove central authority, first question is how does Bitcoin even work in a way I can trust a transaction? We're no longer able to automatically undo that changeset due to intervening edits, so we will have to redo those manually. VinceSamios ( talk ) 01:14, 22 December 2013 (UTC) Yes, probably. Chris Arnesen 06:59, 18 December 2013 (UTC) We've got a reliable source noting that wallet, so I think that would be fine. Maybe if I check all the internal links and those in the footnotes I might figure it out, but the text in the article is largely unhelpful. The software that implemented the Bitcoin protocol was made open source. Here are the questions that get raised if "specialized" is used: it alludes to something special. Rezonansowy ( talk contribs ) 14:09, (UTC) You are correct, the reception section is not the best place for this graph.
Now it just says "Transactions are verified.". The data of a bitcoin is completely useless except as a bitcoin. Its just to say they need to be explained in a separate section. Chris Arnesen 00:10, (UTC) Some miners pool computing power to mine, and in these instances I would imagine that many in the mining pools are run-of-the-mill desktops and laptops. Incidences of Bitcoin being accepted, particularly on the high street, has become increasingly rare considering the current Bitcoin mania now starting to spread to the mainstream press following Bitcoins exponential value growth. Banks keep money for you, as do the credit card companies, or they lend it at interest. WP:newsorg, WP:rsopinion, WP:biased for fact, and WP:newsblog references need the caution. So ask again, why should we leave "open source" in the lead? The new version of the client (0.9) due out next spring will set fees dynamically. I'd like to consistently use "block chain two words. Further, the invention of the ugly "recentism" should perhaps qualify somebody for exclusion from that exalted calling. Chris Arnesen 23:15, 9 December 2013 (UTC) I'm not sure I agree with the definition of intrinsic value as it pertains to Bitcoin since one bitcoin (unit) is attributed a portion of value provided to it by the protocol, network and data of Bitcoin.
Whats the best validation of Bitcoin price current bitcoin value uk predictions? So why not write a few paragraphs that generalize the differences in regulations into two or three tiers and then mention each and every country that falls into these classes? I'm not in that group. Here's the reason why I think its actually confusing in the long run to classify Bitcoin as 'open source'. Chris Arnesen 17:39, 23 December 2013 (UTC) What?
I'll give it another shot later. I did a Google image search for the current "logo" (with text) and got 338,000 results. Probably the reason that disclosure of a credit card number doesn't make it junk, but that is because all money transactions can be traced. @ Fleetham : In what sense is that citation not "easily found"? Any such insertion should be removed. Preceding unsigned comment added by Chrisarnesen ( talk contribs ) 05:06, 19 December 2013 (UTC) I agree. IDK how easily all the countries current bitcoin value uk listed would fit into three categories, but I think you get the rough outline of my proposal.