User:Onov3056/OLES2129/draft
Bitcointalk.org (Website)
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Bitcointalk.org (/bɪtkɔɪn-tɔ:lk/) is an online discussion forum where users could post messages and exchange information related to blockchain, cryptocurrency and bitcoin. Users must register and logged in to post treads on the discussion board. The site is one of the oldest which originally created by the developer of bitcoin himself, Satoshi Nakamoto, on 22 November 2009[1]. The forum was administrated and monitored by Michael Marquardt, known as the user of "Theymos" since 2010[2]. The domain name is owned by Sirius (Sirius, a.k.a. Martti Malmi, after Satoshi and the creator of the Bitcoin Forum, was the second Bitcoin promoter[3]. He is no longer an active user but continues to handle the domain names bitcointalk.org and bitcoin.org[3]. Theymos administer the forum. In 2014, an unknown user was added with the nickname of "BadBear" along with "Cyrus" who was further added in 2016[4]. The administrator status of BadBear remains questionable for his/her last appearance was made on April 2018[4].
Bitcointalk initially provides updates on technical, software or network issues of bitcoin's client. Administrators run daily check on treads posted by members, determine the approval of the treads and delete inappropriate contents or treads posted by the members. The site also features a free discussion of cryptocurrencies and topics related, such as Initial Coin Offering (ICO), market conditions and member's opinion to buy or sell cryptocurrency.
Bitcoin is based on a deflationary system that can ever be generated with a maximum of 21 million units. Alternatively, some coins are focused on an inflationary: Peercoin system which has no restriction on the amount of feasible coins and is ultimately intended to achieve an annual inflation level of 1%[5]. CoinJoin, a concept initially published on Bitcointalk, gained particular attention as it was introduced in the blockchain.info page, labeled as "Shared Coin," and was subsequently applied in Darkcoin as well[5]. CoinJoin is focused on the concept of collecting inputs to various user operations in order to build a single "master transaction"[5].
Bitcointalk has 2,587,746 members registered as disclosed by the bitcoin forum centre statistic as it is stated on the general statistics category.[6] Users gradually decreased since it reached the peak on 10 April 2013 with 7150 online users[6].
History
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In 22 November 2009, Satoshi Nakamoto created "bitcointalk.org" to update the latest news related to bitcoin and improve bitcoin in the future. Satoshi was a member of this online forum since 19 November 2009. The profile shows the account was last active on 13 December 2010. He posted 575 treads in which most users marked only few were important[7].
Since the public availability of the Bitcoin source code in 2009 (announced by Satoshi Nakamoto in January 2009 on the Cryptography Mailing List) and especially after the discussion forum moved from sourceforge.com to bitcointalk.com, the "Bitcointalk" forum has become the focus of discussion, announcements and criticism for the cryptocurrencies community. Some argue that while most of the criticisms about Bitcoin's innovation are published and debated in this forum and explained in scholarly articles[8], only very few of the suggested technologies are genuinely included in the source code of Bitcoin. This often contributes to the development of a new cryptocurrency as a concept evidence that focuses on particular system adjustments or modifications, particularly targeting potential assaults or vulnerabilities. Altcoins perform an significant part even though they do not achieve extensive use or create "exchange value," as their evidence of ideas and feasible alternatives feed the worldwide debate on the future of decentralised cryptocurrencies.[9]
Bitcoin's society rose considerably in 2011[9]. The year also saw the first altcoins being introduced, with Namecoin becoming the first alternative cryptocurrency relying on the source code of Bitcoin[9]. New cryptocurrencies are traditionally announced on the Bitcointalk forum — study has discovered more than 1500 coins mentioned before August 2014[9]. More than 50 percent were introduced; the so-called scam-coins represented a vast amount, which were designed solely for the benefit of the creators[9]. Others rapidly disappeared or were unable to collect a substantial customer base before they even showed a "market." Instead, the Bitcointalk forum announced Namecoin on April 18, with a new blockchain separate from the main Bitcoin chain, extending the blockchain concept to a distributed storage of data value.[9]
In August 2011, Bitcointalk joined Twitter and had approximately 10,000 followers. Major "tweets" basically update the information related to maintenance and issue occurring to the website. In 2013, Bitcointalk forum was hacked[10] by an anonymous group called "The Hole Seekers". The site has been targeted for DDoS attack every years since 2013.[10]
Satoshi used a SourceForge website before the creation of the latest BitcoinTalk Forum, which may be lacking[3]. The debate was transferred to bitcoin.org/smf after Sirius supplied hosting. Satoshi produced many custom changes to the apps and topic for debate. The website rapt to forum.bitcoin.org for some intent. The name bitcoin.org was also moved to Sirius from Satoshi[3].
Features
[edit]BitcoinTalk is a web platform where people involved in technical specifics can talk to each other along with the development of Bitcoin apps[3]. The debate also has places for those who want to learn more about bitcoin mining, about bitcoin trading, and about Bitcoin's economy[3]. Bitcointalk categorised the discussion under Bitcoin and economics sections. Under the Bitcoin section, the features encompass development and technical discussion, mining, Bitcoin technical support, and project development. Any information related to marketplace, trading discussion and politics and society are posted under economics category.
Bitcoin
[edit]Development and Technical discussion
[edit]General discussion about the news, Bitcoin community, innovations and general environments. The most important discussion such as ICO and Blockchain.
Mining
[edit]General information and discussion about the process of generating bitcoin.
Bitcoin technical support
[edit]Technical discussion about Satoshi's Bitcoin client and the Bitcoin network in general, bug reports or support requests.
Project development
[edit]Speculation about mining hardware, difficulty, profitability, etc.
Economics
[edit]Marketplace
[edit]General marketplace discussion such as coin lending, gambling, long-term offer and currency exchange. It is also part of cryptocurrency discussion for trading, selling goods and services, or even promote users' own business. It follows strict rules of decency and decorum. Any activities or users' that are not complying them will immediately be removed.
Trading discussion
[edit]General discussion about the trading practice with bitcoins and delivery methods. Members exchange or provide information on how to buy and sell bitcoins on the official bitcoin websites. The feasible alternative for the privacy and sensitive anonymity of transactions is to conceal the quantities on each transaction. Cryptographically, it implies the application documents encrypting the plaintext. This function, which keeps the quantities transmitted available only to the respondents, is also called Confidential Transaction, initially suggested by Adam Back on Bitcointalk in 2013 and created by Bitcoin Core Developer Gregory Maxwell on the Bitcoin Forum.[11]
Politics and society
[edit]Political updates, news and social perception about bitcoin.
Purposes and Values
[edit]Bitcointalk has been created for cryptocurrency users as their main source of communication, trading discussions platforms and for those who is seeking for answers. From this media platform, cryptocurrency community can obtain useful information related to blockchain, cryptocurrency and bitcoin. It plays role as an announcement platform which is called as ICO's (Initial Coin Offering) where up to date news and new development can be found [12].
Bitcointalk.org is also designated for collecting information from social media. It is a major Facebook board for shareholders to communicate their views on different subjects related to bitcoin. There is a column in alter-coins called "Announcement" in this forum. This section offers a forum for businesses to post announcements about ICOs and releases of initiatives. Companies can also answer inquiries from buyers on the internet. First, use token / coin designations as keywords in the "Announcement" column to search for the associated posts. Companies could then download all messages for each post, including remarks from shareholders, requests from shareholders, announcements from businesses, and answers from businesses. This textual information is stored in three columns. One panel shops the messages of shareholders with documents of 610.319[5]. One table shops 16,594 registers of company announcements. Another table has investor responses from businesses, including 24,396 documents.[5]
Accessibility
[edit]Users
[edit]Users are required to sign up and possess ID in order to access and communicate with other members. For registration, only email and username are needed when logging onto the Bitcointalk.org forum. Bitcoin group development is most obvious in the bitcointalk.org forum stats, showing an rise in participants from 656 in July 2010 to 36,713 in July 2011[5]. There are 361,236 members of the bitcointalk.org forum at the time of writing (August 1, 2014), though not necessarily all are active[5]. There are 361,236 members of the bitcointalk.org forum at the time of writing (August 1, 2014), though not necessarily all are active. This is just one instance of one of many blogs, though perhaps the most important, where the society of cryptocurrency gathers.[5]
Testimony (Beginners and help)
[edit]For new clients, myHotForex account can help newcomers have their Bitcointalk.org IDs[13]. By accessing it, they have to register first. myHotForex area is a handful account for beginners to access and open a new Demo account[14]. It shows clear instructions and procedures for beginners to follow in order to use the online forum. Credit card payments are not required. In Bitcointalk.org website, there is a sections for testimony where members can comments and put reviews about their experiences in using Bitcointalk.org as their Bitcoin's communication platform.
Community support
[edit]A currency without customers will have no significance and its group assistance reflects a powerful measure of the power of a coin. There are several metrics to evaluate group assistance that can be used as a proxy such as Twitter supporters, Facebook Likes, Reddit activity, formal announcement page for Bitcointalk, personal forum coin activity, Google surveys, global meet-ups, Wikipedia opinions, etc.[15]
Problems with Bitcointalk.org
[edit]As many altcoin conversations are also taking place in forums, it is essential to include potential forum activity measurement. One technique the writers have attempted to evaluate is to use the amount of file counts in the Bitcointalk forum's [ ANN ] altcoins documents[15]. This technique,however, runs into several issues as it is prevalent for altcoins to migrate conversations into their own devoted blogs once a substantial debate volume on the original Bitcointalk [ ANN ] page has been attained[15]. This confines the comparison of a page count like [ ANN ] among all coins.[15]
Recently, Altcoins had to deal with a lot of criticism as they are often used for "insider trading."[5]. These "scams of pumping and dumping" require purchasing inexpensive coins, generating a buzz, and eventually selling fast as the cost increases. The "buzz stage" is especially fascinating as cryptocurrency exchange websites and chats, as well as the "Bitcointalk" website, including false customer reports and social media, are exploited to generate a peak hype[5]. But not all altcoins constitute, or are designed for speculation, "get wealthy fast" systems. The entire environment of cryptocurrencies reflects a vibrant integrated culture of learning (experimental culture) that addresses in innovative and novel respects the various technical, cultural, and theoretical issues of "digital money."[5]
In July 2011, to render it completely informal, the "forum" was shifted to bitcointalk.org[3]. Later, the "forum" connection was merely deleted from the formal bitcoin.org, further distancing Bitcoin Talk. This was pursued by representatives of the Bitcoin Community, much in the vein of decentralisation of Bitcoin, generating a range of alternative websites providing various strategies and using various computer systems. Nevertheless, none of these distinct blogs have achieved the size of speaking Bitcoin. As of April 21, 2012, Bitcoin Talk continues Google's first search outcome thanks to its elevated website status.[3]
Indeed, since this internet forum has problems with its legal constraints and laws, this website has not been continued[16].
External links
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Category:Cryptocurrencies Category:Community websites
References
[edit]- ^ "Mining Bitcoin - BitcoinTalk". bitcointalk.com. Retrieved 2019-05-12.
- ^ "r/Bitcoin - Thermos is spending $100,000 worth of his donated bitcoins per month on a new forum". reddit. Retrieved 2019-05-12.
- ^ a b c d e f g h GRUBE, VICKY (2019). "What is Happening in the Doing: hunched over a consideration". FORUM. 61 (1): 105–112. doi:10.15730/forum.2019.61.1.105. ISSN 0963-8253. S2CID 151270242.
- ^ a b "Figure 3: Prevalence of the topic in the retrospective and prospective studies retrieved from MedLine". dx.doi.org. doi:10.7717/peerj.6363/fig-3. Retrieved 2019-05-17.
{{cite journal}}: CS1 maint: unflagged free DOI (link) - ^ a b c d e f g h i j k Chen, Kun (13 May 2019). "Information asymmetry in initial coin offerings (ICOs): investigating the effects of multiple channel signals". Electronic Commerce Research and Applications. 36. Shenzhen, China: South University of Science and Technology: 100858. doi:10.1016/j.elerap.2019.100858. S2CID 182129060. Retrieved 2019-05-16.
- ^ a b "Bitcoin Forum- statistic center". International Journal of Statistics in Medical Research. 8. 2019-05-11. doi:10.6000/1929-6029.2019.08. ISSN 1929-6029.
- ^ "5 of the most important posts by Satoshi Nakamoto on Bitcointalk". www.chepicap.com. Retrieved 2019-05-10.
- ^ Barber, Simon; Boyen, Xavier; Shi, Elaine; Uzun, Ersin (2012). Keromytis, Angelos D. (ed.). "Bitter to Better — How to Make Bitcoin a Better Currency". Financial Cryptography and Data Security. Lecture Notes in Computer Science. 7397. Springer Berlin Heidelberg: 399–414. doi:10.1007/978-3-642-32946-3_29. ISBN 9783642329463.
- ^ a b c d e f Tarasiewicz, Matthias; Newman, Andrew (8 May 2015). Cryptocurrencies as Distributed Community Experiments. Academic Press. pp. 201–222. doi:10.1016/b978-0-12-802117-0.00010-2. ISBN 9780128021170. Retrieved 2019-05-16.
{{cite book}}:|website=ignored (help) - ^ a b "BitcoinTalk has been hacked - CryptoLife". cryptolife.net. Retrieved 2019-05-10.
- ^ Wang, Qin; Qin, Bo; Hu, Jiankun; Xiao, Fu (1 September 2017). "Preserving transaction privacy in bitcoin". Future Generation Computer Systems. 107. In press: 793–804. doi:10.1016/j.future.2017.08.026. S2CID 67409873. Retrieved 2019-05-16.
- ^ Blockchain | 0 |. "Everything you need to know about Bitcointalk.org! | Bull.io". Retrieved 2019-05-12.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Gautam, Pragya. "Education Embassy".
- ^ "Open Demo Account". www.hotforex.com. Retrieved 2019-05-16.
- ^ a b c d Ong, Bobby; Ming Lee, Teik; Li, Guo; Chuen, David Lee Kuo (8 May 2015). Written at Singapore. Evaluating the Potential of Alternative Cryptocurrencies. Sim Kee Boon Institute for Financial Economics, Singapore Management University: Academic Press. pp. 81–135. doi:10.1016/b978-0-12-802117-0.00005-9. ISBN 9780128021170. Retrieved 2019-05-16.
{{cite book}}:|website=ignored (help) - ^ Isom, Jennifer (2013-12-09). "As Certain as Death and Taxes: Consumer Considerations of Bitcoin Transactions for When the IRS Comes Knocking". Rochester, NY. SSRN 2365493.
{{cite journal}}: Cite journal requires|journal=(help)