Matches for ninjashogun, 1788 total results Sorted by newest | relevance
Wed Mar 19 21:23:19 UTC 2014 <ninjashogun> asciilifeform, ok. However I'm trying to approach this from the point of view of a user.
Wed Mar 19 21:22:53 UTC 2014 <ninjashogun> ThickAsThieves, so, conceptually, it would have to be "Ooops, I was wrong." until it syncs.
Wed Mar 19 21:22:47 UTC 2014 <asciilifeform> ninjashogun: please take the time to learn something about how btc actually works
Wed Mar 19 21:22:39 UTC 2014 <ninjashogun> I just know that conceptually an offline wallet is probably hte easiest thing to understand.
Wed Mar 19 21:22:21 UTC 2014 <ninjashogun> from someone*
Wed Mar 19 21:22:13 UTC 2014 <ninjashogun> I don't know how an offline wallet will know its balance. For example, if it stays offline and the account receives a transfer for someone, how will it get updated?
Wed Mar 19 21:21:34 UTC 2014 <asciilifeform> ninjashogun: let's work through this. how do you propose the wallet machine is to be communicated with?
Wed Mar 19 21:21:29 UTC 2014 <benderp> ninjashogun: ^^
Wed Mar 19 21:21:06 UTC 2014 <ninjashogun> benderp, my statement was regarding backup and restoration problems.
Wed Mar 19 21:21:02 UTC 2014 <benderp> ninjashogun: how could an offline device know its balance?
Wed Mar 19 21:20:46 UTC 2014 <ninjashogun> benderp - yes, probably. Do you think an offline wallet device that just knew its own balance (and displayed it continuously), had no backup or restore functionality, would ease this portion of the hurdle?
Wed Mar 19 21:20:43 UTC 2014 <benderp> ninjashogun: the rational thing for long term btc holders is...
Wed Mar 19 21:19:52 UTC 2014 <benderp> ninjashogun: another challenge is the backup and restoration problem.
Wed Mar 19 21:19:47 UTC 2014 <ninjashogun> moiety - the reason for leftovers is because you might want to buy something else as well? People generally exchange more currency than they will immediately spend, and keep the change to spend on other things.
Wed Mar 19 21:19:06 UTC 2014 <ninjashogun> Oh....if in all the above you guys meant "you're not going to explain bitcoin Qua Investment to a newbie, and then get them to buy bitcoin" then that's probably true :). I wasn't thinking of it as an investment just then.
Wed Mar 19 21:18:30 UTC 2014 <ninjashogun> I get that, sure.
Wed Mar 19 21:18:13 UTC 2014 <ninjashogun> moiety, due to the spread?
Wed Mar 19 21:18:04 UTC 2014 <ninjashogun> moiety, why would exact amounts be the best conversion?
Wed Mar 19 21:17:39 UTC 2014 <moiety> otherwise ninjashogun people would be buying exact amounts for their purchases to get the best conversion
Wed Mar 19 21:17:28 UTC 2014 <ninjashogun> ThickAsThieves what about silk road and questionably legal things? Didn't people buy btc specificially for those uses?