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Instead I think we need to put in some serious work in on the transactions section right after the lede to better walk the reader through both the technical and practical aspects of using Bitcoin, along with perhaps some surgical enhancements to the lede itself. The tag has thus been miten tuoda bitcoin lompakko vuonna bitfinex removed (by me). 5, Associated Press sent out a style update to newspapers and other members with these same capitalization rules. Bitcoin is an open source peer-to-peer payment network and digital currency introduced in 2009 by pseudonymous developer "Satoshi Nakamoto". Currently it says: "Integral to Bitcoin is a public database and sequential record of all transactions, known as the block chain" Suggestions? As for the idea that constant updates aren't a hindrance, I'm not sure where that comes from. The Bloomberg article that's the current citation says that their "web acceleration platform" stopped accepting BTC, whatever that means. If everyone reading this right now gave 3, our fundraiser would be done within an hour.
This master list of all transactions shows who owns what bitcoins currently and in the past and is maintained by a decentralized network that verifies and timestamps payments. Secondary and tertiary sources are preferred over primary ones. People are still struggling to figure out what the rather ambiguous guidance from the People's Bank miten tuoda bitcoin lompakko vuonna bitfinex of China 9 means. At worst we need better sourcing. Chris Arnesen 18:19, 15 December 2013 (UTC) All I see is a box for both.E.
Chris Arnesen 13:26, 29 November 2013 (UTC) Perhaps we should include both. The concept of Bitcoin is, above all other things, a cryptocurrency, a fact which needs to be expressed much more clearly. A TV has intrinsic value because I can watch TV. Secondary sources like CNN and Business Insider are to be preferred over primary source links like icbit. Nor does "blockchain" appear in Satoshi's seminal paper. Chris Arnesen 06:06, 24 November 2013 (UTC) I've added a basic definition for both "Bitcoin" and "bitcoin" within the article. @ Fleetham : Does that sit okay with you? Rezonansowy ( talk contribs ) 12:11, 19 December 2013 (UTC) We are trying to make it easy to understand. Every day, buyers absorb the thousands of coins offered by miners and other sellers. When paying with Bitcoin, no exchange of digital notes or tokens takes place between buyer and seller.
Commercial use of Bitcoin for legitimate goods and services is currently small compared to its use by speculators, which has fueled price volatility.20. Its does not mean anything to say a protocol "is developed in an open source model" (see above for why). If the bitcoin network suddenly went away, everyone would, be left holding meaningless strings of numbers and letters. Rezonansowy ( miten tuoda bitcoin lompakko vuonna bitfinex talk contribs ) 16:19, 31 December 2013 (UTC) Done David Hedlund made edit. Adapting this model to Bitcoin, its clear that the majority of supply is controlled by early adopters and miners. Bitcoin's price never topped 1 in 2010! Rezonansowy ( talk contribs ) 21:59, 14 December 2013 (UTC) XBT : m isn't a valid reference because they're the ones that came up with and started using XBT as the symbol in the first place. You aggressive position against mentioning this in the article is very strange. Towards the WP:EL, maybe I don't understand, but you've deleted refs not anything in external links, so this guideline isn't appropriate. Chris Arnesen 15:35, 24 December 2013 (UTC) Capitalization : Bitcoin vs bitcoin Full consensus discussion can be found at Talk:Bitcoin/Archive 9#Capitalized or not?
I'm a bit suspicious that this is just POV, plain and simple. That happened in late 2008. Some say that the entries in Wikipedia are "articles but of course they're really "hypertext documents." However, Wikipedia articles are not commonly referred to as "hypertext documents and similarly, a transaction log need not be called by the rather cumbersome "transaction. Why has that become so prevalent as THE bitcoin logo? The rate of bitcoin creation (money supply) won't decrease again until four years from now. As for an example address to use in the article where appropriate, I bet we can agree on one. I think we've all been editing civilly and discussing conflicts, and there are enough of us watching the article now to revert anon vandalism if it occurs. Bitfinex is the world's leading digital asset trading platform. Dollars, by credit card, PayPal, or Amazon, but not giving an option to donate bitcoins. Preceding unsigned comment added by VinceSamios ( talk contribs ) 22:16, 21 December 2013 (UTC) The point of the Bitcoin according to Max Keiser (almost certainly the creator of Bitcoin, although he used a another name. Samwalton9 ( talk ) 21:17, 15 December 2013 (UTC) @ Samwalton9 : As always.
Would you like to collaborate on a paragraph that can be nicely illustrated by this contentious graph? The paper came out in January 2013. That's a concise statement that tells the user precisely how the creation rate will behave over the next 7 years. Fleetham ( talk ) 05:26, 14 December 2013 (UTC) Here's the sentence in question, "Increasingly, however, Bitcoin is also used to pay for products and services." To me there's no implication there about future use. From your backdoor example, my understanding is you seem to convey Bitcoin Protocol is open for full inspection by public. Someone is kidding me? Oh yeah, and these transactions tend to be monitored lest the guv'mint doesn't get its cut and people trade in illegal things like contraband cigarettes or marihuana reefers, or engage in things like the hiring of prostitutes. I would also like to add a" from a frequent editor of this page, who stated that Bitcoin is open source "because the majority of the network runs on open source software." That's like saying, "Steam is open.
The protocol and the network cannot refuse such transactions, they do have value and the only way to access them is to pay for them with BTC. You miten tuoda bitcoin lompakko vuonna bitfinex accidentally changed it when moving all the stuff around. Participants known as miners verify, timestamp, and record transactions into a shared public database called the block chain, for which they are rewarded with transaction fees and newly minted bitcoins.7 How does that sit with everybody? But I removed the diagram to the "reception" section. But nevermind because entries in the block chain most definitely satisfy a uniqueness constraint.
Every transaction uniquely identifies one or more unspent outputs from previous transactions. It's misleading at worst or meaningless at best. The History section notes that the currency itself did not come into operational form until the following year, by miten tuoda bitcoin lompakko vuonna bitfinex whosoever's agency or plan we are not told. No fly-by-night web pages. Please oppose with reason, if not I'll support Fleetham's change as your change remains unsubstantiated Silbtsc ( talk ) 16:32, 21 December 2013 (UTC) If some project is developed in open source model, it makes this an important thing for the article. Chris Arnesen 00:10, (UTC) I've copied and pasted your version of the lede below highlighting the contentious parts and suggesting changes that I hope are mutually agreeable: Bitcoin is a peer-to-peer payment system and digital currency introduced as open source. Chris Arnesen 18:14, (UTC) @ Chrisarnesen : As stupid as it sounds I forgot I posted this to talk, not intentional, my appologies. In your original lede (Jan 2nd) I'm getting the hint that Bitcoin is the open source software. Fleetham ( talk ) 04:03, (UTC) Just to be sure, the citation at the end of the sentence in question states that the proof-of-work that controls the creation of Bitcoin is SHA256. As per your feedback I've removed the link from the word paper in the proposed edit. No such thing can said about bitcoins. Any idea of how much BC is "mined" on asics in Dec 2013.
Chris Arnesen 09:32, 30 November 2013 (UTC) Orthotox are searching for physical bitcoin to buy. In a distributed currency such as Bitcoin, a different solution was needed to distribute new currency units. Anytime things are centralized, like mixers, its relatively easy for law enforcement to take them down. ZAB ( talk ) 12:20, 28 November 2013 (UTC) I do not know why people are so gullible in case of physical bitcoins. You could make the argument that if fewer people mine, those that do will get rewarded more often. The (thoroughly at least) dishonest ones tend to go out of business, and maybe get arrested. I'd actually be surprised if those folks hadn't mostly switched to LiteCoin where GPU mining can still be profitable. We also have a link to the Crypto-anarchism page in the Bitcoin#See_also section. Please support these proposed changes, or object with explanation. The concept of Bitcoin is, above all other things, a cryptocurrency, a fact which needs to be expressed much more clearly. Laser brain (talk) 01:11, 22 December 2013 (UTC) I'm wondering if this warrants an miten tuoda bitcoin lompakko vuonna bitfinex entirely separate page. First sentence is "Wikipedia articles may include links to web pages outside Wikipedia (external links but they should not normally be used in the body of an article." I'd really appreciate if you could connect some. Silbtsc ( talk ) 04:45, 23 December 2013 (UTC) The protocol is Open Source, the Bitcoin-QT Client is Open Source - It's absolutely key to the understanding of bitcoin in my opinion, as without knowing it is open source.
Fleetham ( talk ) 04:34, 22 December 2013 (UTC) Less than minding, this is exactly the kind of contribution I was hoping for. Fleetham ( talk ) 20:51, 22 December 2013 (UTC) Good discussion. But anyway, thank for your idea. Demand, with the current mining reward.5 BTC per block solution, Bitcoin supply is inflating at around 4 annually. The article goes on to say the FBI seized "144,000 bitcoins" which is a much better value to publish in this regard. I'd prefer something other than transaction database, but really don't have any objection to it miten tuoda bitcoin lompakko vuonna bitfinex being used if you haven't any other alternatives. IMO that's best solution for Bitcoin article, it has been successfully introduced on WikiLeaks and has very good argument - it allows edit IP users and review them before making them visible.
I've reverted the changes. And theirs sources are strong - m, Forbes, etc. So here's my understanding. Please click on the link and explain to me how that can be construed as a valid reference. Chris Arnesen 20:12, 9 December 2013 (UTC) I removed some cited material mentioning that you could send millions of dollars with bitcoins very cheaply. Ditto if you paid employees? 84user ( talk ) 17:59, 21 December 2013 (UTC) Mining The first thing everyone wants to know about Bitcoin is about Bitcoin mining. @ Rezonansowy : could you please elaborate on why you think XBT and should be included as symbols for bitcoin? How about this: "Bitcoin is a peer-to-peer payment system and digital currency.
Terrycojones ( talk ) 00:42, 4 December 2013 (UTC) FYI: On Dec. (I know what a hash.) I won't consider this item as resolved until we move that image to the more-technical Bitcoin Protocol article or explain the sequence depicted in the diagram in more detail. ( talk ) 08:10, 22 November 2013 (UTC) If someone says "a dollar" they might mean "one unit of the currency of the United States of America (or Canada, Australia. VinceSamios ( talk ) 09:55, (UTC) Fair enough. I am restoring it to the original statement." which is: The rate of new Bitcoin creation will be halved every four years until there are 21 million BTC. Gox or another commercial entity. I'll work on one. More shares possessed implies more ownership. People are still struggling to figure out what the rather ambiguous guidance from the People's Bank of China 9 means. Chris Arnesen 20:02, (UTC) Resolved Reference to SilkRoad seizure value. I feel that the opening paragraph should be accessible and, as much as is possible, jargon free.
As discussed above, the collection of words "open source protocol" is non-standard and miten tuoda bitcoin lompakko vuonna bitfinex somewhat nonsensical. When you spend some of it, perhaps some clerk gets a pen and marks off your balance and writes in a new balance, balance minus spent, and the does the same with a vendor's balance: scratches out balance and. I sincerely apologize for losing my temper and reacting in anger. Preceding unsigned comment added by Chrisarnesen ( talk contribs ) 05:06, 19 December 2013 (UTC) I agree. That is to say that most participants are NOT miners. Oh yeah, and these transactions tend to be monitored lest the guv'mint doesn't get its cut and people trade in illegal things like contraband cigarettes or marihuana reefers, or engage in things like the hiring of prostitutes. Martijn Meijering ( talk ) 17:51, 24 December 2013 (UTC) The technology and the network are immensely valuable, of course.
Back to the topic at hand, goods are services aren't priced in bitcoins. Problems: First sentence uses "network" twice. No reason to changing the image, wordmark should be included if available, this is standard and present on many articles. Finally, the media controversy over darknet markets has likely brought Bitcoin to the attention of many who otherwise wouldnt have encountered. Here's the reason why I think its actually confusing in the long run to classify Bitcoin as 'open source'. Chris Arnesen 17:04, 31 December 2013 (UTC) Towards the protocol, it a protocol for bitcoin but it is not approved as a standard itself (feel the difference there's no RFC for. But I find it difficult to imagine how simple speculation on the future popularity of bitcoins for actual purchases merits any mention. The software has nothing to do with understanding what bitcoin is to being with because they don't need to download any software to transact in bitcoin (See Chris' m reference).
Can we come to an agreeable compromise? "In one instance, Bitcoins worth millions of US dollars were transferred for only a few pennies." It's hard for me to know what the original author of that sentence was thinking because the reference link is broken. ZAB ( talk ) 12:16, 28 November 2013 (UTC) Here are my core doubts That pre-produced bitcoin coins and banknotes have been sold in significant numbers. There is no way to count all of them but it is for sure a very spread phenomenon. Would you like to collaborate on a paragraph that can be nicely illustrated by this contentious graph? Org/ ) while transaction costs have to be paid in BTC. Please try to be constructive. Mining Difficulty Bitcoin Mining Difficulty is a way for the bitcoin protocol to regulate block creation speed to a target of one block every 10 minutes. This is the bitcoin.
Rezonansowy ( talk contribs ) 12:14, 19 December 2013 (UTC) The creator is pseudonymous but what we're talking about here is the technology itself. M appears to be harmless. Please support these proposed changes, or object with explanation. (I know what a hash.) I won't consider this item as resolved until we move that image to the more-technical Bitcoin Protocol article or explain the sequence depicted in the diagram in more detail. We miten tuoda bitcoin lompakko vuonna bitfinex survive on donations averaging about. As you can tell, we need all the help we can get. The tag has thus been removed (by me). Laser brain (talk) 19:07, 18 December 2013 (UTC) Which seems to be Fleetham's usual way of doing things. I predict a number of extensions of the Bitcoin protocol to include more mainstream features like escrow payments, conflict resolutions, N of M signatures, assurance contracts, etc.