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1001  Bitcoin / Bitcoin Discussion / Re: The Ways in Which THEY will Atack us on: February 11, 2014, 09:38:38 PM
Not actually said by Ganhdi.

"You can believe everything on the internet."

-Abraham Lincoln

Are you saying they will misquote us to death?
1002  Bitcoin / Bitcoin Discussion / The Ways in Which THEY will Atack us on: February 11, 2014, 08:56:55 PM
It certainly has been interesting: Chinese and Russian news, more TV/Mainstream FUD, the GOX Debacle, the huge DDOS attack currently underway - where does it end? What is next?

It is looking more and more like BTC is some form of Torrent on steroids, drugs and lets not forget LOVE, and make no mistakes about it, that is troublesome.

I wonder if "they" try to pump a coin with potentially infinite coins in order to attract attention to it and then just suck from the btc system?
"Buy up" or rather raise the price with their endless money, get the news to talk about it, etc. Steer via Greed?
I think you know which coin I'm talking about. LOL

What methods might they* use and how can we prepare for it?

*They being institutions and their alphabet minions (That is close enough to spelling it out for you. LOL)

Lets  not lose sight of where we are. Do you smell victory? I do...





1003  Economy / Service Discussion / Re: T1: Bitstamp Halts Withdrawals on: February 11, 2014, 08:40:02 PM
I actually think it is a good idea. With BTC being worth so much money we might really want to consider some additional protections to stop thieves.
It would be great to have an option in your account to actually freeze withdrawals unless you give them some advanced warning and response via an SMS sent to you
plus 2FA to make sure we keep out the bad guys.

Let's also not lose sight of the fact that banks, governments, intelligence agencies, etc. would attack BTC in a variety
of clandestine ways, in order to try to stop it SHOULD they see it as a threat. We are talking about potential financial disruption here.

IAS
1004  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 11, 2014, 07:37:51 PM
Hello fellow miners, I am a cryptocurrency entrepreneur from Colorado.

I have just contacted them with an investment offer, if they are interested I will be flying there soon and will report back with my findings (and pictures, lots of pictures). I have high hopes for this company and while I think they come off as "scamy" I believe they are genuine at their core.


just make sure you get back to us by the oh...say the 18th or 19th of Feb ...I did a paypal order with them on Jan 5th I think....I and a lot of others paid via paypal ...we or most of us will probably dump our alpha stuff...if we have no video or anything else of note by that point in time (45 day option of no product under paypal rules) I myself paid American Express and have another 15 days after this....I think someone told me master card is even longer


getting to the point they better put up or shut up on some video actual engineers telling us progress stuff like that imho or we all will likely walk with our paypal $$$$

thanks for your services in this in advance

Searing

I don't think it is fair nor do I think you are speaking for "most" people as you put it regarding refunds.
To expect something working 45 days after you put down a deposit, when all they had was a road map and a basic design shown operating in an fpga, is a bit far fetched.
I do look forward to a working prototype (for sure before Alpha Technology asks for the remaining money!) but 45 days from order is a bit much. I'm not sure KNC
even had a working model when they first took orders and they are the GOLD standard. (Not that that matters, but it is worth saying).
We are in a good situation only having put down a reasonable amount of money, when you consider we will need to see a working model before giving the rest.
And again, who showed a working ASIC model so soon? There might be one, but I know many didn't.

IAS


So how is your TA doin?  I got my $14 LTC.  Did you get any or are you still HODLing?

I honestly bought my LTC at $3, was lucky, just wanted to diversify, wasn't in it to profit, but I did. I got my bitcoin at 150 or so, sold some to pay off my initial investment at 750 and 800 and now I'm sitting on free BTC (so to speak). I'm done trading, the time was just too much. I will use TA to add on dips to pick up fractions of BTC here and there, lol.
So, my TA is, or was doing quite well.  Grin

Regarding the KNC comparison, fair enough, but Alpha Tech has, what looks like now, the 2nd Scrypt ASIC to come, or that will come out. Much more difficult as the designs aren't open source (not that all the SHA256 are, but there is a base from which to work. Hopefully Alpha makes it. They are looking legit to me, that is no longer a concern.

Since Gridseed did it, hopefully Alpha can to, but Gridseed is Super expensive, guess we missed the initial entry there. I still could have tried, as I noticed it,
but no "CE" symbol on their chips would have them sent back at German customs to country of origin (if stopped - not a chance worth taking). Rather go the legit route.

Searing, you weren't just saying you "could" return in 45 days you said "most" would. That is what I called you out on. But thanks for the further information, always good to know our rights.

IAS

I want asking about your old stakes ta from a few months back. I stated an opinion on where btc and ltc were going and you attacked it assuming it wasn't backed by ta and your ta showed it is in  an  uptrend. The long term uptrend was broken and needs to be established again.  So as  you point out you long term buy and hold (ta?)  is working for you but your actual ta did not show you an intermediate trading opportunity. It could be the result of ownership bias. You are invested in the market and that can cloud judgement. You need to clear your mind off the fact you are an existing owner of coins. Create another account to trade with and lock your buy and hold coins in cold storage away from exchange access. If keeps your trading sharp.

And how am I to know that you are talking about a few months ago? LOL
Like I said, I'm not longer trading as it just isn't worth my time. Yes, I feel I'm good enough to make more trading than holding, but it just isn't worth the 20 hours a week I was spending!
If you find the post and PM me with it, perhaps I can give a fair reply, but it sounds like you are holding onto something that I have no recollection of. I hope you don't hold it against me.  Wink
I don't deny being invested clouds judgment. We are all subjective creatures, very hard to see out of our reality tunnels.

All the best,
Its about sharing
1005  Bitcoin / Electrum / Re: Sent 7 transactions via Electrum and 5 disappeared? on: February 11, 2014, 06:40:10 PM
This is indeed strange.

The transaction is sent to an electrum server to be broadcast. Most likely what happened is that the fees were too low so the transactions never confirmed. In future you can save money on transaction fees by using this option:

https://bitcointalk.org/index.php?topic=451707.msg4982576#msg4982576

Thanks for the reply and I'll check that link. But I did send fees of .0001, so I think that is standard.
I re-input the transactions and they worked 2nd time around. (But it once again dropped the name I put in on one of them and put in the public key - odd).

Thanks again,
IAS
1006  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 11, 2014, 09:50:20 AM
Hello fellow miners, I am a cryptocurrency entrepreneur from Colorado.

I have just contacted them with an investment offer, if they are interested I will be flying there soon and will report back with my findings (and pictures, lots of pictures). I have high hopes for this company and while I think they come off as "scamy" I believe they are genuine at their core.


just make sure you get back to us by the oh...say the 18th or 19th of Feb ...I did a paypal order with them on Jan 5th I think....I and a lot of others paid via paypal ...we or most of us will probably dump our alpha stuff...if we have no video or anything else of note by that point in time (45 day option of no product under paypal rules) I myself paid American Express and have another 15 days after this....I think someone told me master card is even longer


getting to the point they better put up or shut up on some video actual engineers telling us progress stuff like that imho or we all will likely walk with our paypal $$$$

thanks for your services in this in advance

Searing

I don't think it is fair nor do I think you are speaking for "most" people as you put it regarding refunds.
To expect something working 45 days after you put down a deposit, when all they had was a road map and a basic design shown operating in an fpga, is a bit far fetched.
I do look forward to a working prototype (for sure before Alpha Technology asks for the remaining money!) but 45 days from order is a bit much. I'm not sure KNC
even had a working model when they first took orders and they are the GOLD standard. (Not that that matters, but it is worth saying).
We are in a good situation only having put down a reasonable amount of money, when you consider we will need to see a working model before giving the rest.
And again, who showed a working ASIC model so soon? There might be one, but I know many didn't.

IAS


So how is your TA doin?  I got my $14 LTC.  Did you get any or are you still HODLing?

I honestly bought my LTC at $3, was lucky, just wanted to diversify, wasn't in it to profit, but I did. I got my bitcoin at 150 or so, sold some to pay off my initial investment at 750 and 800 and now I'm sitting on free BTC (so to speak). I'm done trading, the time was just too much. I will use TA to add on dips to pick up fractions of BTC here and there, lol.
So, my TA is, or was doing quite well.  Grin

Regarding the KNC comparison, fair enough, but Alpha Tech has, what looks like now, the 2nd Scrypt ASIC to come, or that will come out. Much more difficult as the designs aren't open source (not that all the SHA256 are, but there is a base from which to work. Hopefully Alpha makes it. They are looking legit to me, that is no longer a concern.

Since Gridseed did it, hopefully Alpha can to, but Gridseed is Super expensive, guess we missed the initial entry there. I still could have tried, as I noticed it,
but no "CE" symbol on their chips would have them sent back at German customs to country of origin (if stopped - not a chance worth taking). Rather go the legit route.

Searing, you weren't just saying you "could" return in 45 days you said "most" would. That is what I called you out on. But thanks for the further information, always good to know our rights.

IAS
1007  Economy / Service Discussion / Re: blockchain.info Transaction Confirmation Failed email on: February 10, 2014, 10:36:36 PM
Anyone else getting sudden surge in emails from blockchain.info? I never got these before and now get 2 in few short hours for transactions i sent


Quote
Transaction Confirmation Failed

A transaction made through Blockchain.info has been removed from our database because it was taking a long time to be included in a block.

Any funds have been returned to your wallet and you can now spend the coins again. Please consider including a larger fee in future transactions.

Of course whatever default fee blockchain.info has I used.

Also the shared coin send feature is not working either for 2 days now, says loadin.

I've been having problems with the website and had some failed transaction with my Electrum wallet but it might be a bad connection.
Here is perhaps a similar thread I just started? https://bitcointalk.org/index.php?topic=459002.0
1008  Bitcoin / Electrum / Sent 7 transactions via Electrum and 5 disappeared? on: February 10, 2014, 09:57:55 PM
I just started running Electrum on my desktop computer (moved the Bitcoin QT client to a linux box to act as a full node).
I sent 7 small transactions (around .002 btc) to 7 paper wallets (spreading the word!). I saw all 7 transactions listed as pending (I believe) and next time I checked
5 had disappeared and 1 of the 2 remaining removed the name in the description field (recipient) and replaced it with the public key (which I changed back.)
I sent one after the other (well, maybe 1 minute or so in between.) I wasn't charged of course, the btc fractions are back in Electrum.

I started again and slowed things down and noticed the first one got a confirmation, now working on the second.

Is there a 3rd party involved with the send (e.g. an Electrum Server) or is the Electrum wallet actually handling things?

thanks,
IAS
1009  Other / Off-topic / Re: Bitcoin is finished. Don't say I didn't warn you. on: February 10, 2014, 08:13:35 PM
Talk to the chart. Grin



Money IS Faith. We the people have faith in eachother more than corruption, hence our own money.
regulation sounds a bit like strangulation, coincidence?

No reason to fight, make your own path, go around the corruption...

When you figure it out, let us know, we will be here...
1010  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 10, 2014, 12:16:29 PM
Hello fellow miners, I am a cryptocurrency entrepreneur from Colorado.

I have just contacted them with an investment offer, if they are interested I will be flying there soon and will report back with my findings (and pictures, lots of pictures). I have high hopes for this company and while I think they come off as "scamy" I believe they are genuine at their core.


just make sure you get back to us by the oh...say the 18th or 19th of Feb ...I did a paypal order with them on Jan 5th I think....I and a lot of others paid via paypal ...we or most of us will probably dump our alpha stuff...if we have no video or anything else of note by that point in time (45 day option of no product under paypal rules) I myself paid American Express and have another 15 days after this....I think someone told me master card is even longer


getting to the point they better put up or shut up on some video actual engineers telling us progress stuff like that imho or we all will likely walk with our paypal $$$$

thanks for your services in this in advance

Searing

I don't think it is fair nor do I think you are speaking for "most" people as you put it regarding refunds.
To expect something working 45 days after you put down a deposit, when all they had was a road map and a basic design shown operating in an fpga, is a bit far fetched.
I do look forward to a working prototype (for sure before Alpha Technology asks for the remaining money!) but 45 days from order is a bit much. I'm not sure KNC
even had a working model when they first took orders and they are the GOLD standard. (Not that that matters, but it is worth saying).
We are in a good situation only having put down a reasonable amount of money, when you consider we will need to see a working model before giving the rest.
And again, who showed a working ASIC model so soon? There might be one, but I know many didn't.

IAS
1011  Bitcoin / Bitcoin Discussion / Re: amir taaki on bbc :( on: February 09, 2014, 07:13:37 PM
It's just ridiculous that some people waste time worrying about what other people are wearing, it seems that they are locked inside this tiny box being tought worthless values. When I see a bunch of people going to work in suits, I picture a bunch of sheeps.

He can wear what he wants or go dressed like a drug-addled tramp, just as long as he doesn't come off as one. It's not how he looks or what he wears but the the way he acts and the content of his words. If you had no idea what Bitcoin was, you still wouldn't after watching that and the few other videos of him I've seen.

What he said seemed pretty coherent. No, he didn't give a beginners talk on what Bitcoin was, but he did talk about how it can change society and where the problems are.
We each add our individuality to things, and I really like where he is coming from. No, I wouldn't want him to be our spokesperson, but being decentralized, I
would hope we never have one...

Its about sharing
1012  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: February 09, 2014, 06:47:44 PM
Too bad.  Roll Eyes  I better stay with qubitcoin for some time.

If it is about the money, then yes.
It isn't just about the money for many of us.
1013  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: February 09, 2014, 05:51:19 PM
How many coins/day can i get with oveclocked Corei5?

Not many, I'm getting 800kh/s off of an AMD FX8350 (8 cores). I'm not overclocking it though.
I don't think you will get as much as me (kh) but close.

Anyway, I'm not at around 2.5 coins on average a day (give or take .5). It costs me more than
I make but I am trying to support the network.

You can also just point 1/2 of your CPU at Quark to support it.

I do hope in future wallets they, by default, have 20% or so of the CPU helping the network out. (Choice)

IAS
1014  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: I created MyAltCoins to track all your cryptocurrency assets on: February 09, 2014, 03:37:05 PM
I signed up i like what i see so far , looks nice -

so just to be clear , users are just stating what they have and have traded - with options of import from various exchanges or manually ?

if so - I like it, the crypto space needs this.


happy to promote this with Quark, our user base would use something like this .

Hey digitalindustry, yeah, pretty much as you stated. And I use it to track my Quarks!
It is pretty incredible and the bugs seem worked out from my experience.
If you import data (I don't) just make sure to use an API that doesn't allow modifying data, except for reads, into your account. For security reasons of course.
I like adding things manually but am not a big trader.

IAS
1015  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 09, 2014, 09:52:41 AM
by the time these miners are shipped LTC will be $10.  No one will be mining it as it will be unprofitable for GPUs  so only ASICs will be mining it and they will all be dumping the coin to get their ROI back.  So I see LTC market collapsing.

Actually, both BTC and LTC are still in large triangle formations, formed out of an up movement.  That says, in the next few months there will be a HUGE breakout to the upside.
Now, the TA may be wrong but at least there is something to that, unlike your personal opinion backed by nothing. (And pessimistic too boot).
Your guess may be right, but my money is on the TA side of things.

Wait and see, but thanks for your care in this matter.  Grin

Its about sharing
1016  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 08, 2014, 10:36:47 PM
trolls are trolling
miners are mining
ASIC unfriendly scrypt is moving to more ASIC resistant algoritm
and noobs are... preordering...

Many polls running to hard fork many scrypt currencies to be ASIC resistant again. Or just let them to die and move to really resistant currencies for people and not for ASIC producers mining for peoples money.

What is the purpose of Cryptocoins? To make you money? Security in a purchase?
They do not exist to secure a miners investment in a product, be it a CPU, GPU or even an ASIC.
They exist to better our money system and our lives. And the experiment is just starting.
To talk about what is best at this point is pure conjecture, no one knows. And may the best Cryptos win.

The experiment should involve anything and everything to find which Cryptos can withstand the most.
Changing algorithms might be a valid way to avoid ASIC's but does it help the coin? I don't believe so as ASIC's entering the scene strengthen the network.
It is hard to say at this point what is best, but even Litcoins creator, Charlie Lee said ASIC's for LTC are coming and is not a bad thing.


If something came out better than my Bitcoin ASIC and rendered what I have useless, then so be it, as long as the network is stronger and it benefits people, than that is the point.
Its about sharing

Nope.

LTC and scrypt in general were introduced to be ASIC resistant. This is the main reason of their existance. So it seems legit that the community is now trying to keep them ASIC resistant. Thats all.

Your English is simplifying an issue that none of us really know the answer to. How can you speak with such certainty?
Even Charlie Lee said ASIC's are coming.

Time will tell, not you.
1017  Bitcoin / Mining speculation / Re: Bitcoin CPUs Coming, Says Investor on: February 08, 2014, 07:40:10 PM
All that article does is show Thomas Sohmers to be a bit of a clueless ballbag.

Definitely...

Quote
Thomas Sohmers, a 17-year-old wiz kid and chief executive of a high-performance server startup, said he has explored the technology and is not interested in it. "It's a kind of Ponzi or pyramid scheme where the people who get in first reap the most rewards," said Sohmers on the show floor of the OCP event.
(...)
"It's the biggest waste of processing power in the world,"

 Roll Eyes

Exactly. How could a "whiz kid" be so blind? And what about remittances to poor families overseas who are getting raped daily by Western Union and Co.?

I guess he wants to reinvent the wheel...

Little known fact, Thomas Sohmers is the bastard child of Peter Schiff.

1018  Bitcoin / Mining speculation / Re: KNC's "Plan B" on: February 08, 2014, 07:33:55 PM
...
Clearly they have not yet taped out their new chips yet, but is this a "BFL" scale fuck up waiting to happen? Did they overreach?
...

The have a Plan B


BFL planned fuck all....I don't think they even planned Plan A

LOL, good one. (They got me...)
1019  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 08, 2014, 07:30:21 PM
trolls are trolling
miners are mining
ASIC unfriendly scrypt is moving to more ASIC resistant algoritm
and noobs are... preordering...

Many polls running to hard fork many scrypt currencies to be ASIC resistant again. Or just let them to die and move to really resistant currencies for people and not for ASIC producers mining for peoples money.

What is the purpose of Cryptocoins? To make you money? Security in a purchase?
They do not exist to secure a miners investment in a product, be it a CPU, GPU or even an ASIC.
They exist to better our money system and our lives. And the experiment is just starting.
To talk about what is best at this point is pure conjecture, no one knows. And may the best Cryptos win.

The experiment should involve anything and everything to find which Cryptos can withstand the most.
Changing algorithms might be a valid way to avoid ASIC's but does it help the coin? I don't believe so as ASIC's entering the scene strengthen the network.
It is hard to say at this point what is best, but even Litcoins creator, Charlie Lee said ASIC's for LTC are coming and is not a bad thing.


If something came out better than my Bitcoin ASIC and rendered what I have useless, then so be it, as long as the network is stronger and it benefits people, than that is the point.
Its about sharing
1020  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: February 08, 2014, 07:02:41 PM
is the 247 million quark mined yet?

if yes i will mine.

If no i will walk away and spit on your face in disgust.



We haven't hit our final halving. 2 and a half more weeks.

And the experiment gets more interesting.
And mining Quarks will get more difficult.
And obtaining Quarks will get more difficult and probably more expensive (as long as the Network holds up), etc.

I'd say things are looking bright considering our price is even raising here with the drop in the Hashrate.
Once the price goes up a fair amount, I think the Hashrate will rise a lot.
The value in these Cryptos is, so far, directly related to network strength.

IAS
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