It can also be extremely unhelpful, for example to this chap today on reddit:
Who didn't seem to know about return transactions and seems to have lost 90 BTC on that. (Because he/she used a "secure" live environment that would work with a temporary wallet and just one extra address with his/her money.)
Brain wallets are always a terrible idea, either the pass phrase is too simple and easily cracked, or too complicated and easily forgotten.
Paper wallets are only useful for savings, if you want to spend the coins you should move the full amount.
As said elsewhere, if you use the stock client as designed, and don't use brain or paper wallets, then you should never lose coins.
That 7208 BTC would be worth about $680,000 today.
There will be a lot fewer than 21 million BTC in actual usable existence after all these errors are tallied!
As long as you use the software in a relatively standard way and don't ever delete your wallet files, you'll be fine.
Some bitcoin clients fix this by using a deterministic generation of new addresses for the wallet.
That kind of screenshot can easily be produced by changing a little HTML on a 0 balance account.
edit: obviously forgot my compliment, very clever idea and cool implementation this digital art right here ladies and gentleman
also this gave me an idea: how about a Bitcoin ECG?
Looking at the source, you are, however, correct, that the pitches are selected at random.
You could write a script to play these randomly!
var maxBitcoins=1000;var minVolume=0.3;var maxVolume=0.5;var volume=bitcoins/(maxBitcoins/(maxVolume-minVolume))+minVolume;if(volume>maxVolume)volume=maxVolume;Sound.playRandomAtVolume(volume100);
A few weeks ago, prices were around 26 USD/1 btc... So are we going to see a swing down that low again? Or is this SilkRoad talking?
You can now use bitcoin to pay for services and even fines at some municipalities, cities and what not http://www2.egovlink.com/press-release-bitcoin.cfm
You can buy things on amazon via bitspend as well as other services.
And if you still don't trust bitcoin value to not go down, you can use services like bitpay that will convert for you instantly in whichever currency you want.
There's even some VISA prepaid you can top up with bitcoin for the places that don't accept them.
And you can now use bitcoin to pay for expenses and contractors http://techcrunch.com/2013/03/27/expensify-now-offers-suppor...
And while all this happens, the USD keeps getting printed at a far superior rate.
It gets highlighted and is really easy to spot
What feed/API are you pulling from to track these changes. I've been looking for a solid way to chart bitcoin transactions and haven't been able to find one.
I know you were really trying to be snarky about Bitcoin, but in case you hadn't heard, you can actually do things with them. Also notable are https://wrapbootstrap.com/ and Reddit