BitShares Forum

Main => General Discussion => Topic started by: fuzzy on September 03, 2014, 08:54:39 am

Title: Max Keiser Clip
Post by: fuzzy on September 03, 2014, 08:54:39 am: About Bitcoin and Forex markets... https://www.youtube.com/watch?v=sfVPDxlwrN4#t=173

Seeing as we are all investors in bitsharesx, I figured this would be a good place to post it. Do the math and enjoy!
Title: Re: Max Keiser Clip
Post by: xeroc on September 03, 2014, 09:05:58 am: Just to fix Max Keiser:
If you shutdown the internet you can surely store your coins on a paperwallet .. to be more precise .. you can store the privkey on paper that allows to access satoshis on the blockchain

BUT you will not be able to send a transaction WITHOUT internet ...

people need to realize that this kind of tech ONLY WORKS ONLINE! ...
Title: Re: Max Keiser Clip
Post by: infovortice2013 on September 03, 2014, 10:48:39 am: when we have a stable 1.x software version of bitsharesX dacsunlimited, will be time to go and talk for the world.

i think better for now not too much talk about btsx on global mass media news. that make devs can work better. and new users dont go desperados
Title: Re: Max Keiser Clip
Post by: luckybit on September 03, 2014, 11:02:37 am: Quote from: xeroc on September 03, 2014, 09:05:58 am
Just to fix Max Keiser:
If you shutdown the internet you can surely store your coins on a paperwallet .. to be more precise .. you can store the privkey on paper that allows to access satoshis on the blockchain

BUT you will not be able to send a transaction WITHOUT internet ...

people need to realize that this kind of tech ONLY WORKS ONLINE! ...

You don't actually need Internet. You only need electricity. You can transmit using any electronics means such as visible light, microwave, or radio.
Title: Re: Max Keiser Clip
Post by: xeroc on September 03, 2014, 11:04:59 am: Quote from: luckybit on September 03, 2014, 11:02:37 am
Quote from: xeroc on September 03, 2014, 09:05:58 am
Just to fix Max Keiser:
If you shutdown the internet you can surely store your coins on a paperwallet .. to be more precise .. you can store the privkey on paper that allows to access satoshis on the blockchain

BUT you will not be able to send a transaction WITHOUT internet ...

people need to realize that this kind of tech ONLY WORKS ONLINE! ...

You don't actually need Internet. You only need electricity. You can transmit using any electronics means such as visible light, microwave, or radio.
Not really correct ... the blockchain is a decentralized ledger and ensures that all participants share the same ledger .. if you had no internet .. you couldn't share the ledger ..
Title: Re: Max Keiser Clip
Post by: bitder on September 03, 2014, 01:40:58 pm: Quote from: luckybit on September 03, 2014, 11:02:37 am
Quote from: xeroc on September 03, 2014, 09:05:58 am
Just to fix Max Keiser:
If you shutdown the internet you can surely store your coins on a paperwallet .. to be more precise .. you can store the privkey on paper that allows to access satoshis on the blockchain

BUT you will not be able to send a transaction WITHOUT internet ...

people need to realize that this kind of tech ONLY WORKS ONLINE! ...

You don't actually need Internet. You only need electricity. You can transmit using any electronics means such as visible light, microwave, or radio.

http://www.ietf.org/rfc/rfc1149.txt :)
Title: Re: Max Keiser Clip
Post by: bytemaster on September 03, 2014, 01:50:25 pm: BTSX depends upon the internet slightly more than BTC due to the tight timing requirements of the 10 second blocks.