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5
votes
4answers
122 views

What advantages do “alt-coins” have over bitcoin?

I'm struggling to see the importance of alt-coins. It seems to me that one of the major selling points of the various alt-coins is their quicker confirmation times. The common argument is: this is ...
2
votes
1answer
57 views

Is there any academic research on the influences of Bitcoin's long term valuation?

Is there any academic research or theories about what future events and metrics will most influence BTC's long term valuation relative to fiat currency?
3
votes
4answers
250 views

Will “all” bitcoins ultimately vanish? (be unusable)

During this CCC conference from 2011, starting from 00:18:55, the presenter suggests that as bitcoins can be lost (lost private key, dead owner, sending to an "eater" address that nobody posses, ...
3
votes
1answer
56 views

How the Bitcoin community will handle attacks on a Client's code?

I have some thoughts about the following scenario. The brightest future. The Bitcoin becomes a very popular and liquid currency all over the world. Some serious financial or political parties may ...
2
votes
0answers
168 views

Will the bitcoin value keep rising at steady rate, if bitcoin mining is stopped right now [duplicate]

If no new coins are created by mining after 12 million bitcoins as of today, what kind of impact will it have on bitcoin value. Transaction fees will still be set for confirmations.
6
votes
2answers
380 views

Inequality in a Bitcoin World

So let's assume at some point in the future bitcoin has replaced fiat currencies and we thus have a fixed money supply. Let's also assume we have increasing production and therefore deflation. It ...
6
votes
7answers
426 views

Will the energy cost and deflationary nature of Bitcoins doom the currency to obscurity?

I couldn't find enough questions that ask this head-on1, so consider that if: Bitcoins are designed to reflect the deflationary characteristics of a specie currency; and The distributed nature of ...
7
votes
4answers
6k views

What's next after scrypt?

I have been reading about the LiteCoin, and how it uses a hashing function (scrypt) that is not able to be mined by ASICs. As a side-effect of this, it has been said that people with GPUs will move ...
1
vote
1answer
101 views

What else can bitcoin inventory vectors be used for?

As described in the protocol specification bitcoin nodes respond to the inv command, which queries a node's knowledge of one or more objects, with an inventory vector. According to the bitcoin wiki, ...
3
votes
1answer
1k views

Blockchain long run issue

the last days I have thinking about the bitcoins and the technical issues that can have this currency, I am a computer science guy, with many interest in the global economy. The first question that I ...
1
vote
1answer
235 views

What happens when someone dies?

Who keeps the bitcoins? If he didn't left to anyone his private key, will the bitcoins be lost forever and ever?
1
vote
3answers
459 views

Hedging against the bubble popping - where's the leverage?

My friend has a rather large store of bitcoins that he bought about a month ago. I think it makes sense for him to hedge his recent gains, since the price run up looks like a bubble. What is a high ...
8
votes
3answers
366 views

Can the Bitcoin system be changed?

Are we stuck with what is here now? or if 10 years down the road serious changes need to be made to the system; can that be done with a decentralized system? How would you make changes to a ...
2
votes
1answer
181 views

Is Kim Dotcom's “Megacard” a viable possibility for bitcoin?

A week ago Kim Dotcom posted that a Bitcoin Credit Card would be something that he would be keen to support. Apart from Bitcurex, which is a different system and slightly lacking in credability and ...
9
votes
2answers
676 views

Will general non-standard transactions ever be allowed?

To the best of my knowledge, currently "Satoshi" client relays and most pools accept only standard (transfer or generation) transactions. Besides, community is working on M-of-N transaction type. ...
14
votes
8answers
716 views

bitcoins from the future

It is likely that the Galaxy Note 2 will be launched in August. As it has taken two weeks to mine my very first bitcoin, it seems unlikely that I will have mined enough to purchase a Note upon ...
15
votes
2answers
498 views

Capabilities of Bitcoins and their place in the future

I`ve recently read a presentation that mentioned a couple things about how big would be the potential bandwidth if Bitcoins would handle the transaction volume of Visa: ...
0
votes
1answer
112 views

What does the Bitcoin community need the most now? [closed]

The Bitcoin project has grown many-fold since its creation, but since we haven't taken over the world yet, there is still some room for growth;). Is there some consensus on what does the Bitcoin ...