Don't be too inspired by the previous eBay auction for one, it was bid up by and won by a 0 feedback buyer. You'd get stuck not being able to resell it for a week or two while filing non-paying bidder disputes when you have a deadbeat eBay buyer.
Indeed, I noticed that as well..! We'll see how much it ends up going for. As far as I am aware, this is the first time that a first-day minted coin has been posted on eBay, and people seem keen on the mint dates.  Also, I've made note on the auction that I will give a 3% discount to anyone who pays in Bitcoin. Cheers! |
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Hey Sarg,
What was the record on the last one??? Molecular was doing brisk business.
I get the bid, it will be BTC.
FF
Molecular is auctioning one off on the forum here... it's reached 4 BTC so far (which, I guess at current BTC valuation is only $200?). That one was minted in October. |
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so what you are saying is that you sent the bitcoins to an address that you pasted your order number into. In that case they are likely irretrievable.
Not at all. You can't send Bitcoins to an address in format xxxxx-xxxx-xxxx-xxxx-xxxxxxxxx - it would error out. "-" is not a valid address character, and there's a checksum built in to Bitcoin addresses as well, to make sure you don't accidentally send them to the wrong place. That said, BitInstant is bad at support from what I've heard. Keep bothering them, hopefully they'll get back to you and figure out what happened. |
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Bitfloor? Unless you're not looking to trade in USD.
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One thing I've learned from this is how to spot sentiment changes. I had a bunch of theories about bubble indicators: - Usually level-headed bulls getting inexplicably arrogant and/or dogmatic
- Former bears "seeing the light" for flimsy reasons or only because of their envy at bulls' fortunes
- Bears no longer being predominantly trollish or incoherent thinkers or people missing some obvious fundamental point, but actually raising real potential concerns or actually seeming intelligent and un-arrogant
- Double exponential growth on merely exponential fundamentals
- Glut of speculators with basic knowledge gaps about Bitcoin
- NEWS BLITZ CANNOT BRING IN NEW STRONG HANDS IN TWO WEEKS, because it takes longer than that to learn enough about Bitcoin to become a strong hand
I suspected all these might indicate froth, and it seems I was right. But the final blow-off happened too fast for me to do anything with that knowledge. Next time I'll sell 10% or so as soon as I see these signs. What is interesting about this is that you're not the only one learning. More people will learn to read bubble activity in Bitcoin, and act accordingly (sell before it pops). And what happens when more people read a bubble and sell before it pops? The bubble doesn't happen in the first place, because the sellers keep it at bay! So, the question is, where does that leave the sellers when they properly predict a bubble and sell, only to prevent it from happening? I guess we all cheer them on for saving the rest of us...? |
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"Be fearful when others are greedy, and greedy when others are fearful"
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I am fairly certain this does not already exist, but wanted to check in case it does. What I'd like to do is have a Bitmessage client running on an offline computer (air-gapped, never brought online), create a message, then copy that message to a USB drive or equivalent, having another computer actually broadcast the message to the rest of the network.
The reason for this is, it would eliminate the potential for a compromised sending machine to leak the contents of the message to whomever had compromised it. Basically, the same reason one might have an air-gapped machine signing transactions offline from a cold wallet, only applied to communications.
So, is there a method of doing this? Is it at all possible?
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.RAR - seems like it would work offline? I took a look at some .rar password crackers, and even a 10-char address said it would take "too long" to crack. Would it be reasonable to expect the .rar encryption to hold with a sufficient length password (say, 20 chars?), at least until quantum computing becomes a thing? As long as the .rar and password were sent through different channels (email + bitmessage, for instance), it seems as though it'd be very difficult to crack.
you do not want to to use a closed format for encryption. gpg can be used to encrypt files too. Thanks, and good point. I suppose the big difference I see between the two is that GPG requires a public key to encrypt with, whereas a .rar can be encrypted with anything of my choosing, provided I give the password to the party through an alternate channel. Is there something .rar style that uses an open format? gpg can do symmetric encryption only, if you ask it to. see the "-c" switch in man gpg Oh, that's good to know! I am looking for GUI options, but perhaps one of the GUI's available for general GPG encryption would also support symmetric encryption. Thanks! |
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Is there something .rar style that uses an open format? 7-zip can do that. 10-char password is not enough. I will go with 20+ random password. Almost everything requires for computer to be online. Being online is all what the internet is all about. Next time search for possible ways to encrypt and send information when computer is both offline and turned off  Thanks, I'll check out 7-zip. And yes, I was thinking 20-char. Maybe 25 or 30 char would be even safer, but that might be overkill. I understand that almost everything requires for the computer to be online. But I'd like multiple methods that do not involve putting the private information on a computer that could potentially be compromised unless that information is otherwise secured (i.e. encrypted). It seems the only real way to do this is to encrypt the information on the offline machine prior to bring it to the online machine. Or, potentially, physical delivery (via postal service). I guess that gives me 3 options. I am satisfied with these results then. Thanks to all who have participated in this thread! |
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.RAR - seems like it would work offline? I took a look at some .rar password crackers, and even a 10-char address said it would take "too long" to crack. Would it be reasonable to expect the .rar encryption to hold with a sufficient length password (say, 20 chars?), at least until quantum computing becomes a thing? As long as the .rar and password were sent through different channels (email + bitmessage, for instance), it seems as though it'd be very difficult to crack.
you do not want to to use a closed format for encryption. gpg can be used to encrypt files too. Thanks, and good point. I suppose the big difference I see between the two is that GPG requires a public key to encrypt with, whereas a .rar can be encrypted with anything of my choosing, provided I give the password to the party through an alternate channel. Is there something .rar style that uses an open format? |
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Reviving this thread... I got to thinking about it more, and most of these solutions rely on the machine in question being online at some point in time. Bitmessage requires a connection to send out (Unless there is a way to create a transaction on an offline computer, then transfer the tx to an online computer to be broadcast? That would be awesome!) GPG mail seems to require an online connection as well (connect to your email host). I wish there was an easy method to use someone's PGP key and encrypt a message offline, but the only solution I can find for that is via command line. It's an option, I suppose, but I don't like it much. OTR IM Chat/Tor Chat - obviously requires the machine to be online. readthenburn - again, obviously requires the machine to be online. .RAR - seems like it would work offline? I took a look at some .rar password crackers, and even a 10-char address said it would take "too long" to crack. Would it be reasonable to expect the .rar encryption to hold with a sufficient length password (say, 20 chars?), at least until quantum computing becomes a thing? As long as the .rar and password were sent through different channels (email + bitmessage, for instance), it seems as though it'd be very difficult to crack. Let's leave the MITM argument alone for the time being. EDIT: Just found a plethora of GUIs for GPG though - nice! http://www.gnupg.org/related_software/frontends.en.html |
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It'll fall pretty sharp as more people panic sell, then begin its treacherous climb back up to $250.
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1:1 bet on sgt spike terms and I'm in for 5 BTC. They deliver 3 units by July 1st at Avalon or better power ratio.
SgtSpike: I am willing to buy you out.
some1 get me an escrow! I feel bad making Mike do it. is there no1 else we trust that knows how to generate btc-address escrow codes? Do we have someone to escrow? I'm able and willing. It sounds like you might need two sets of codes - one for CrazyBlane and one for mrb to buy out SgtSpike's bet. My GPG public key is linked in my signature for secure communication. How has Mike communicated the escrow codes in the past? My bet is no longer for sale, so you just need one set of codes. |
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Interesting words. What you've said very closely matches the 2011 crash. Whether it'll continue going down now or not, I don't know... it's a bit difficult for me to say. There's still lots of new services being created, lots of new people waiting to be verified and buy in, lots of venture capital flowing in to Bitcoin companies, etc. I don't think we're even close to the level of the dot-com crash, simply because even still, hardly anyone knows about Bitcoin. I think in the long term, Bitcoin will definitely go higher than $266. It has to, to become more useful. Will we see a months-long slump before we get there? Maybe...
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one drawing in graphite, in my notebook took about 5 hours
That is nice work! |
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...and the IRS would know about all this how?
Ok, well at above $10,000 there is a possibility of paperwork being reported, but for amounts less than that... pretty sure no one, but you knows.
Pretty simple, really. I imagine the IRS picking people for audits goes something like this: 1) [Incoming deposits to all bank accounts for individual] - [reported income] = [difference] 2) Sort by [difference] DESC 3) Audit the list, starting at the top. They do have access to our bank accounts, remember. And they know exactly how much money was transferred or deposited into those accounts. |
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Should have stepped away for a week - then you'd be thanking us.
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WTB? What The Buck ? Some kinda new fancy curseword for you richie-richards!?
Wanted To Buy. |
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Makes me smile how we are. Yes probably i feel a little bit down that i did not stayed in bitcoin world back in 2011 because i was paying more on electricity that on how much bitcoins i was making but ..... Do you guys really think that when the banksters realise what bitcoin becomes they will just stand there and wait for their demise. Like we already know that panic in 1907 thru witch they created "Federal" Reserve was a scientifically created one by JP Morgan and CO and the same for Stock Market Crash of 1929 and same the rest in the last hundred years. They can come here buy an example of 5 mil bitcoin from all you that say will not sell (because let's admit everything has a price) and they still have a printing machine at the Federal Reserve Bank and then dump all that in next day or month whenever they want to and make this market crash to pennies and buy up the rest too. It's not going to be easy. I'm thinking let's improve the bitcoin system by creating more market acceptance and more alternative crypto-curency options because this fight is not even started yet. Remember the fear off losing everything in a blink of an eye makes people go against their better judgment.
And not to be off topic, I'm already a millionaire and a billionaire = I have a wife that I love and we have a 1 year and half old son and 3 month old daughter that I can not put a price tag on, we have our health and i'm the happyest man alive. Is not this that we all want to be/have (happynes) ?!!! I quess it all depends off what makes YOU happy, but remember you might wanna think about the majority of the Lottery Winners, how they end up dead or more broke than they were before they won in just a few years.
I wish you all to find your happyness, but i don't think the love of money is (don't matter crypto or paper). Let's put our minds to improve this, just forget about the money part.
That's incredibly easy to say when you're a millionaire/billionaire. I would LOVE to not focus on the money, but the reality is, if Bitcoin gets high enough to allow me to pay off my student loan debts and mortgage, it WOULD make my wife and I quite a bit happier, and less stressed. I know that people say money can't buy happiness, and that is certainly true, but lack of money sure can buy a lot of stress, worry, and unhappiness. That said, I certainly agree that we should always be thinking about ways to improve Bitcoin and the services surrounding it! |
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