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1001  Bitcoin / Bitcoin Discussion / Re: The Mega Thread that Feeds People in Need (1M72Sfpbz1BPpXFHz9m3CdqATR44Jvaydd) on: September 17, 2013, 09:55:12 AM
I have a similar good deed project Ive been meaning to do but not the funds. Need to start a soup kitchen in my community there is none. Is there anyone who would invest in such a thing even though it will be a non profit or is that not cool

As we can see with Jason, the community gladly helps out good causes.
I would suggest you to start on your own or lent money, have a bit of structure and planning, document the process, and then reach out to donations. People are vary of posts which ask for money and no proof, no matter if high-interest-loans, miningequipment or charity.
Get startet, it should only take a few hundred bucks and a few weeks. If it works out, this could very well develop into a big thing, for you and for the good cause.

The contrary: I believe you will be much more successfull with a non-profit, than with a stinkin' for-profit! :-)

edit:
I just checked, Jason is registered here for a mere half year. And still, has the full trust of us, handles boggling amounts of funds, and does amazing, huge projects involving planning for decades and calculating with hundredthousands of USD!
Jason, are you actually working full-time on your projects already? The amount of organising and work you get done surely looks like it!

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1002  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: September 17, 2013, 09:49:45 AM
A few times I put up "borrow offers", where I meant to put up "lending offers". Did I accidently choose the wrong drop-down entry? May very well happen from time to time. Or did anyone experience similar things? Maybe three times now, in the last one, two weeks. Never happened before.

I observed that behavior a few more times since then.
I doublechecked that I am in "lend" mode, enter amount and time, hit the button and a "borrow" offer shows up.
Some times I even got a "not enough available funds to lend" message, changed the amount, and a "borrow" offer showed up instead.

What is "autolend", anyway? Automatically re-creating lend offers at "market"?

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1003  Economy / Speculation / Re: LOCALBITCOINS USD wall observer XXX-rated, don't let your kids see this! on: September 17, 2013, 09:43:08 AM

Difficult.

- Many offers are not backed, those are merely the *maximum* possible amount. Most will put a large sum in there to not miss out, just in case.

- Those offers follow the current exchange rate(s) even more directly than the regular walls. You enter a price formula like "Bitstamp_USD * 1.05". So where you have more or less static walls on the exchanges, these "walls" here adjust to the current spot, automatically.

- Additionally these "offers" are not binding in any way. If, as a seller, you get caught with an offer right before a huge price swing that contact will likely be closed (often with no real cosequence).

However:
- Observing the amount of sell and buy offers might give some insights
- Observing the mean distance to spot price might give some insights
- It's a neat way to see the public opinion on a particular exchange. MtGox_USD to Localbitcoin_USD has some considerable gap, for example ;-)

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1004  Economy / Speculation / Re: #1 most popular Bitcoin Price Forecasts (+1,492% gains, +750% more than B&H) on: September 17, 2013, 09:31:04 AM
>61% bullish sentiment.

Does it mean prices will rally from here or crash?


Yes.

SCNR,

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1005  Bitcoin / Bitcoin Discussion / Re: The Mega Thread that Feeds People in Need (1M72Sfpbz1BPpXFHz9m3CdqATR44Jvaydd) on: September 17, 2013, 08:40:43 AM
Jason, I love the work you do!
You are a big asset to Bitcoin, and you *do* make the world a better place! Thank you!

Is this here strictly for lunchbags? Or for the outpost in general? Or for both of your projects, the outpost and satoshi forest?

Also, without trying to ruin the good mood in here: Any chance to switch from Nestlé bottled water to any other brand?

I closely follow your work, Jason, and the response on reddit and here - world, you put a smile on my face! :-)

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1006  Bitcoin / Bitcoin Discussion / Re: We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 16, 2013, 08:09:35 PM
TBH, i've never understood why Alan has never been asked to be a core dev.

He is a core dev.
The project is called Armory :-P

Nah, I very much prefer it that way, Alan sticking to Armory!
We don't need more resources on bitcoin-qt, we need more independent clients!

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1007  Economy / Service Discussion / Re: Mt.Gox Account secured with Yubikey but still had 29 BTCs stolen on: September 16, 2013, 03:22:43 PM
it's a unique code each time. and every code is only valid once

Unless 2FA has been implemented poorly. There have been cases where yubikeys have been compromised on blockchain.info, allowing the attacker to get the seed (or reuse codes, can't remember); this is the first gox 2fa breach I have heard of though (unless of course he is lying about having the 2fa setup).

You can always do a MITM, man-in-the-middle attack:
The trojan intercept the OTP, yubikey-code, sms-code, whatever, when it is used by the user. Then it either uses it to directly steal the funds, or, a bit more clever, to deactivate the yubikey. Then it redoes the action the user intended to do with the code, since then there is no yubikey needed any more.
Even addidional layers of security may not help once your computer is infiltrated. How about stealing that additional mail right out of the mailclient? How about faking the whole MtGox site and stealing/relaying/editing at will? That additional layer might even put the user in a false sense of security.

Only one thing really helps: Transactional dependend one-time-codes. I have that on my onlinebanking, for example. I create my wire transfer, this creates a unique "challenge", which is read (via flicker-code, think animated QR) by my tangenerator. This one displays the address and amount to transfer for verification, and creates a response-code. The device can't be hacked (reasonably), as it is very low-level and has no connection whatsoever except a flicker-sensor. If the data is manipulated on my computer at any point, either the display on the device will show it, or the generated response code will not match and will not work.
This is, until now, the only system I am aware of which is failsafe (as long as you watch the display).

This is slightly OT I guess.
Long story short:
MtGox, Yubikey, Google Authenticator, they all are pretty much useless once a dedicated software owns your computer.

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1008  Bitcoin / Armory / Re: Armory Bitcoin Wallet Raises $600k led by Trace Mayer on: September 16, 2013, 10:20:55 AM
Wow.

Does that mean you are switching to full time work on the project (or were you already)?

Yep, Alan will now be full time on Armory.  And so will at least two other folks as well.

Btw, I'm Kevin Bombino, one of the investors in the deal.  I just wanted to add my congratulations to Alan.  I'm thrilled to have the opportunity to support the project.

Have a warm welcome, Kevin!
Nice to have you here, looking forward for a lot of exciting stuff coming from you guys in the future! :-)

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1009  Bitcoin / Bitcoin Discussion / Re: We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 16, 2013, 10:18:01 AM
I was never as delighted to get a thread back on topic:

Most Secure Bitcoin Wallet Armory Raises $600k Led by Trace Mayer
http://www.marketwatch.com/story/most-secure-bitcoin-wallet-armory-raises-600k-led-by-trace-mayer-2013-09-16

Awesome, awesome, this is fabulous news, Alan!

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1010  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: September 16, 2013, 09:49:25 AM

Thank you.

What happens if I deposited 10 bitcoins, purchased 15 bitcoins then on margin, and the price dropped ~66%> ?  At that point the loan could not be covered by my deposit, so would the position automatically close?

I deposited 0.10 bitcoin just to play around, and purchased 0.15 on margin as a test.  Here's what I see:
https://i.imgur.com/9RsYrf6.png

I assume this is who the funds were borrowed from:
https://i.imgur.com/D3CApnv.png

Will the position auto close then if I don't before that expiration?  If I close the loan on this page, does it auto sell at market?

Yes and yes.
As a third option, you can loan USD (in your case) directly in that "lending" window. These new funds are visible at "unused borrowed funds". You then can close individual positions in "borrowed funds used in a margin position" and those closed funds are immediately replaced by the until-then unused funds. With that you can change the rate (from variable to fixed, or to a lower fixed one) and the maximum lending time.
Probably that's all obvious, but since we are playing with money here, saying it twice can't hurt ;-)

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1011  Local / Treffen / Re: Berliner Bitcoiner [jeden ersten Do; 19:00; Room77 Gräfestr.77 Kreuzberg] on: September 16, 2013, 09:07:33 AM
keiner von den Berlinern da? nix für euch? http://openit.cc/

Sieht gut aus!
Ich geh hin, allerdings "privat" ;-)

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1012  Bitcoin / Bitcoin Discussion / Re: Howcome so little traction in online porn world? on: September 12, 2013, 01:53:47 PM
I'm a geek and I've paid for porn many of times. Most free porn on tube sites are very low quality. I like high quality hd videos. Also I'll never download any videos or pictures from a free forum I know allot of them contain viruses, porn that you pay for is virus free!

Paying for something adds value to what you paid for making it more enjoyable. People don't appreciate what is free
Bitcoin's main user-base consists mainly geeks. I have never known a geek paying for porn.

Some time ago I would now have made (a bit) fun of you, for the silly, noobish fear of infected pictures or videos.
I won't. Funny, how times have changed..

I didn't pay for porn, but paid for software, music, movies. And donated my part to random good causes. You could argue all of these with the same arguments.

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1013  Bitcoin / Bitcoin Discussion / Re: Hidding the Elephant (an idea for Satoshi and a better world) on: September 12, 2013, 01:50:30 PM
The idea of Satoshi as a benevolent donator to the "homeless, poor or malnourished people around the world" is in itself flawed.
Those poor people would immediately sell out their coins to buy food, housing etc., leaving the coins in the hands of speculators who would catch the falling knife in the immediate crash on the market.
Sorry for the negativity, but someone had to point that out.

I guess the best he could do in the interest of all would probably be to spend all his coins to an address that is known to be a black hole, thereby reducing the number of coins in "potential circulation". I'm not saying I would, if I were him, though Wink

..not if by then they can buy their stuff with Bitcoins directly.
If Satoshi doesn't want to wait until then: Donate a part. Or better, create the Satoshi foundation. Don't laugh, even the Gates foundation is doing good things! ;-)
Put some million USD worth in it, get internationally renomated people to lead it, heck, use 1% of it to actively help with Bitcoins' development!

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1014  Bitcoin / Bitcoin Discussion / Re: Hidding the Elephant (an idea for Satoshi and a better world) on: September 12, 2013, 01:46:03 PM
I certainly hope they are reading this... Wink

On the other hand, soon Satoshi and the rest of us will be able to use CoinJoin to create a historical, elephantine transaction. From then on, Satoshi will be all of us, and we will all be Satoshi.
most effective way is for satoshi to do this.

put coins into BTC-E/bitstamp, then withdraw the dollars to something like OKPay and withdraw as a debit/prepaid card delivered to a temporary address..

he could easily put steps inbetween such as change the coins to another coin such as litecoin. withdraw that and then deposit into another exchange.

but it doesnt take that much effort to confuse people and get money out while still remaining anonymous.

all people will know is that satoshi finally moved his funds out from the original wallets.

he wants to keep his real identity a secret, so ofcourse he is not going to cause a big publicity stunt.

Yes, technically both of this is possible, for Satoshi to cash out.

So, psychologically, what would happen when suddenly coins start moving which are believed to be Satoshis? Even moving a single coin would have *massive* effects, just because some people would celebrate the return of the king, and others would fear that millions of coins will crash the exchange rate to sub cent levels. If this happened.. We would not name any other past event "turbulence", "rollercoaster" or "crash" again ;-)

*That* is the point of Narydu!
I love your plan. It probably would have to happen even more gradually, more gentle than that even. Start with rumors that Satoshi is, will be active again. Then some signs which can not yet be proven to be of Satoshi. Then some real, verificable message (signed by the adress of the genesis block? Oh yeah baby!). Then, after the crazyness settled, weeks later, announcing his plan to give away free, empty wallets. Then, after the new crazyness settled, actually do it.
This would still cause the most violent exchange rate fluctuations ever observed.

Narydu, I actually wish it would happen exactly like that. Maybe in some future time, when there is more infrastructure to actually give the poor the bitcoins, and a way for them to make use of them.

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1015  Bitcoin / Bitcoin Discussion / Re: We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 12, 2013, 01:31:56 PM
Armory isn't really for non-tech savy people, it is extremely far from that if that is the vision. I haven't seen any of etothepi really talk about that as the vision for armory. Also armory is the most secure and has most features of any client I have seen, so I don't get how his time has not allowed him to still make it feature rich.

Either way - I don't think Alan would run out of new features, enhancements, reworks for a year, programming fulltime on Armory.

I believe he is time-limited. This is a result of being funds-limited, which is no surprise for a FOSS project. That's what I want to change. I'm not even discussing software/feature related goals yet, I trust Alan enough on that ;-)

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1016  Bitcoin / Bitcoin Discussion / Re: We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 12, 2013, 09:37:17 AM
Is it a bad thing that etothepi shares his time from a day job and armory? I view it as that less time, allows him to only take on the critical problem and top features. That is what makes armory the best I feel.

Are you saying "less time, less features, fixing only the most pressing problems" is better?
I feel different. The contrary, Bitcoin clients need to be more secure, more intuitive, with more features, and easier to use for less savy people. Not necessarily one and the same client, mind you ;-)

/edit: Maybe Henjix' SX is for you? https://bitcointalk.org/index.php?topic=291581
The more independent clients, the better!


A) Don't have a bitcoin company sell Alan out. Gavin whined and got a paycheck, and so has Jeff, they whined enough and got paychecks. Alan never complaints about that and I respect him a lot more for it. He rather help the community than get a paycheck.

B) I agree charity could be good for him.

C) This will make less people use it and won't pay a lot since I don't believe 100,000's use it. That kinda what you need to make salary money.

D) Don't let Alan get spread too thin in that space. Iphone app isn't worth the time they will never allow it. And hardly anyone jailbreaks anymore from what I have seen. He does have plans to add trezor and I can't wait!

I don't have a good solution, and don't really like any of my suggestions neither. Maybe we can come up with something better?

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1017  Bitcoin / Armory / Re: Armory - Discussion Thread on: September 12, 2013, 09:27:20 AM
Late to the ramreduceleveldb party..

Debian Wheezy. I installed into a fresh folder.
I didn't need any extra packages for this. I installed
Quote
git-core build-essential pyqt4-dev-tools swig libqtcore4 libqt4-dev python-qt4 python-dev python-twisted python-psutil
way back, it probably isn't all needed any more.


Quote
git clone git://github.com/etotheipi/BitcoinArmory.git
Quote
git checkout testing
git pull origin testing
make clean
make
Quote
git checkout -b ramreduceleveldb origin/ramreduceleveldb
git pull
make clean
make

"testing" gives me version 0.88.2.
"ramreduceleveldb" gives me version 0.98.97.

I still can not compile without editing:
Quote
Change the "python2" in the Makefile to just say "python".

"testing" works as ecpected.
"ramreduceleveldb" shows the gui for a second, then crashes:
Quote
-ERROR - 1378977312: (leveldb_wrapper.cpp:1974) No tx in DB with hash: 5e5383b79ec2fb038ea556474cde31d3e621a7e52df2d5ee8470c71f9950cb1d
Segmentation fault

On another note, "testing" and bitcoind / bitcoin-qt work, although I didn't do the "-checklevel=2" switch against the reindexing blockchain bug.


If any of these is of help, I'll gladly dig up more logs or the like. I'll downgrade to "testing" again for now.

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1018  Bitcoin / Bitcoin Discussion / Re: We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 12, 2013, 09:12:36 AM
Satoshi Forest glory
lol.
Here's a thing to know about Pensacola Florida
It's swamp land.

Well, the community collected funds to pay for the mortgage all the way to 2014. On the same day it was announced. By reddit tips alone.
I do find that remarkably.

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1019  Bitcoin / Bitcoin Discussion / We need Alan/etotheipi (Armory) as a fulltime-developer! Now! on: September 12, 2013, 08:13:24 AM
I feel it is not acceptable that Alan shares his valuable Armory-development-time with other things, like a money-earning daytimejob.

Bitcoin came a long way in the last years. We have a billion dollar economy now. We have foundations, proper companys, lobbying, paid developers, networking, mindboggling new projects every other day, everything is pointing up.
Armory is one of the most sophisticated and secure Bitcoin clients out there. With only one core developer. In his spare time, after work.
Come on, Bitcoin is no hobbyproject any more, and neither is Armory!

I want to 1) have Alan as a fulltime, paid Armory-developer, and 2) throw as many ressources at him as necessary, more developers come to mind here.

How to raise the funds for this?

a) There is kind of a sellout on Bitcoinqt-developers: Gavin at the Bitcoinfoundation, Jeff at BitPay. Probably more I don't remember. We could sell Alan to one of the bigger Bitcoincompanys (I can't believe he didn't get offers already)! That would be the most secure and least free way.

b) The community regularly raises huge amounts of funds for good causes. Bitcoin100 comes to mind, and the recent Satoshi Forest glory. This is of course highly volatile and not very tempting to quit a regular-paying job.

c) Pay-ware, ads-n-shit, payable modules or the like. I don't see the regular users financing a salary through this, but there will be high demand for secure, integrated, accountable software for companys. This might pay for a salary in one, two years.

d) Diversification: I see huge potential in a hardwarewallet which directly integrates into Armory. Both for users and companys. Throw an Android app, and (since there is no proper alternative!) an Iphone app in the mix. The community regularly throws mindboggling amounts of funds at the newest gadgets.


So, what can we do to help Alan out?

Alan, what do you think? Would you like to tell us a bit about the situation we are to "fix"? What would you need as minimum funds? How many months, years must be secured for you to happily quit an indefinite job?

I hope you, Alan, don't feel pushed or insulted on this. I want you to be paid for the awesome work you do. I want you to have more developingtime *and* more spare time. I want you to be not restrained by 'unimportant' things like money. Just like I wouldn't want Picasso to sell vegetables at the market to finance this painting thing he does in his spare time.

I decided to post this in /discussion instead of /Armory. This is an important topic for the whole community, for various reasons.

tl,dr:
How can we get Alan, the (only) core-dev of Bitcoinclient Armory, a full-time salary on this?


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1020  Bitcoin / Armory / Re: New Bitcoin-implementation as a backend for Armory? on: September 12, 2013, 07:34:28 AM
But, long-term, I would *love* to see more Bitcoin-implementations, and Armory to support several of them as a backend. Or even several at once, for consensus maybe.

.....

Alan, you are one of the prime assets to Bitcoin!

And to what amount of bitcoins would you *love* to see these implementations?

Yes, I agree that Alan is one our prize value creators.

As far as I understand it, the limiting factor in the development of Armory is the avaliable time of Alan. I would gladly add a Bitcoin to kind of a bounty or the like, but that's probably not the way to go here..
I was already thinking about how to solve that problem, some months ago..
I'll open a new thread about this right away.

edit: done:
https://bitcointalk.org/index.php?topic=292767.0
Alan, would you like to join us on the discussion where we plan your next years? ;-)

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