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1261  Economy / Securities / Re: SEC Charges Bitcoin Savings and Trust (BTCST) as Ponzi Scheme on: August 08, 2013, 12:49:04 PM
Would have went with a cowboy hat on

Apparently you got a post out of it.
1262  Economy / Securities / Re: S.MG - The Ministry of Games. on: August 08, 2013, 12:48:22 PM
To update the forum, an early alpha was in fact released, last month. It's sort-of functional.

The server is going up and down a lot as per the needs of the devteam so there's no guarantee you may see it at any given time. Nevertheless trying is free.
1263  Bitcoin / Project Development / Re: EVE Bitcoin Corp on: August 08, 2013, 12:47:49 PM
Hi,

I just seen your post and applied to join your corp. I see your looking to drop a POS does the corp have high enough standing to anchor one? If you just need a tower I may be able to assist with that I have a couple spares laying around.

Actually there's already research POS up in Iro (since the 1st).

Is there a ts, mumble, or vent server?

No. Read the advert in game, MP is verbose about it.

Yeah, skype sort of replaces that now'n days for my group at least, we just skype call when we want to do something and add who's interested, a lot simpler than setting up TS/vent for everyone.

Also a lot easier to crowdsource security rather than try to have it centrally administered.
1264  Economy / Service Announcements / Re: BTClevels - Bitcoin Binary Options on: August 08, 2013, 12:43:40 PM
Now we a have registration on our website.
You can make a deposit and put or call faster and easier.

MPOE-PR, thanks for an article.
Regarding to your steps:
1. WOT account is created (your recomendation)
2. Our experience in bitcoin related projects is more than a year so we had a time to study.
3. BTClevels is a bitcoin binary options and that's it. That's why our business plan is the same as others. We have development and marketing plans but they are constantly changing.

Well done on 1. How can you document 2? Because if you can't...it never happened.

Of course now that you've done 1 you will be able to document 2 in about a year or so, which is when you should be coming back with this idea. Probably use that time to resolve 3, because "constantly changing" is just a euphemism for "very broken".
1265  Economy / Service Discussion / Re: How bitcoin sellers are defrauded at localbitcoins.com on: August 08, 2013, 12:42:33 PM
Seems that you don't understand what is the point of "Escrow service". It's target is to protect BOTH SELLER and BUYER. You think that it should protect properly only seller?

I think that "two days in escrow" is better solution to you than lost bitcoins.

You may use LB advanced settings to prevent such a situation in future. I have traded quite a lot in LB and I have been in same situation than you. But because first-time buyer limit is low, big amount of bitcoins never held in escrow for long times.

You should probably flesh out that explanation.
1266  Economy / Scam Accusations / Re: [Suspended] SCAMMER TAG REQUEST: BitSyncom on: August 08, 2013, 12:41:04 PM
Sucks.
1267  Economy / Scam Accusations / Re: Coinjar (Zhou Tong's Next Scam Venture) Steals 4 BTC. on: August 08, 2013, 12:40:17 PM
Coinjar has stole 4 BTC. I have deposited it to my "CoinJar" without a problem. However, when I try to take it out, it never appeared on the blockchain.

Here is the address I tried to withdraw to: 1CDX5aeHkshGyuEGqirNdzBiRpRk14qCuv

You can see how I have not got anything. This is six days ago. I have contacted them multiple times and have got NO RESPONSE.

I don't believe it! Coinjar has yet to be hacked the first of three times prior to going into liquidation with the remaining funds secure at Mt Gox.

Any chance of the bitcoins falling outta your pocket while laying on the sofa? Remove the cushions to make sure.

Lol.
1268  Economy / Gambling / Re: mutterings from mem: Provable Results vs Provably Fair on: August 08, 2013, 12:39:30 PM
I think people need to revisit the concept of provably fair.

First, lets give some examples of my gold standard for provably fair:

1: blockchain games that user the players txid (or another input they have no control over) and a daily site secret.
This imho is still as good as it gets, the entire betting history is public and anyone could choose perform an audit to verify outcomes.

2: Any site that shows you a hash of the site seed used for the next round and allows for users to provide their own seed or randomly generates one for them.
This is as good as it gets without a publically auditable db. Bonus points for no blockchain spam as well.

Now lets look @ 'Provable Results'.

2: Any site that shows you a hash of the site seed used for the next round and does not allow users to provide their own seed.

This is not provably fair, this is only provable results.

What is the difference you ask and why are you such a prick about these things site operators ask ?

Let me use my favourite game roulette as an example.
I as an operator silently observe the bettors and pick their patterns (red/ martingale/ singles/ whatever).
I pre-generate a huge sample of site seeds and client seeds (remember the client cannot set their own) and then cherry pick the results I want.

Say we had a player martingaling their bets on red, to fucking easy throw out 10 blacks and then insist they were randomly selected where in actual fact there is no proof of randomness only proof of result.

I have previously been to lenient on this and will be revisiting and speaking with casino operators who have (conveniently ?) overlooked this.

Flu meds wearing off, back to the tv and my heater.

This is an excellent point actually.

I think this discussion has been here a few times already and I completely agree with you.

http://v20.nl/primedice/

Very nice.
1269  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] SCRYPT HARD FORK BLOCK ON 256000 on: August 08, 2013, 12:38:24 PM
I am creating a new fork of Bitcoin that will use Scrypt for hashing on block 256000.
The initial difficulty for scrypt will be 1 to give miners a chance at reliving the good old days of Bitcoin.

This is because the bitcoin network is going to be owned by China with ASICMINER, AVALON, BTCGARDEN, etc. Going back to GPUs would strength Bitcoin and protect the miners - the working class of Bitcoin.

We need to get all the users, miners, merchants on board. Please contact your mining pool and tell them to switch to Scrypt on block 256000. Point your GPUs at a scrypt miner. Get merchants, websites, casinos, stores to update to the hard fork.

Together, we can reclaim the glory of Bitcoin again.

Good one.  Some of the ASIC companies, and investers could be slightly unhappy if that happened.

So much lol. There is only one solution to that problem, and not one within your reach. Write to your senator.
1270  Economy / Securities / Re: Is the 'Price' of ASICMINER shares rigged? on: August 08, 2013, 12:36:59 PM
Hmm, Discussion started by a "potential" competitor.........

He's not a competitor, he's just a random scammer. If some guy puts up a poster all over his house reading Great Central Station he's not a competitor to New York's train system, he's just a funny idiot.

Nice how his post count dropped after being called out, by the way. Who knew 2k+ posts are as easy to shed as to make.
1271  Economy / Securities / Re: Offer BTC Options on: August 08, 2013, 12:35:28 PM
Or you could just do your homework and go in the midmarket.

Quote
<mircea_popescu> $avg
<mpexbot> mircea_popescu: 103.12
<assbot> [MPEX] [S.MPOE] 1150 @ 0.0008358 = 0.9612 BTC [-]
<mircea_popescu> $depth O.USD.C110T
<mpexbot> mircea_popescu: O.USD.C110T Bids: ['1000 @ 0.0495899', '1000 @ 0.04958989']
<mpexbot> mircea_popescu: Asks: ['1000 @ 0.32623945', '1000 @ 0.32623955']

(If you can't afford 30 BTC you can probably use a broker).
1272  Economy / Securities / Re: GOOD NEWS! GLBSE is sending out shareholders data on: August 08, 2013, 12:33:02 PM
What happened with "sending out shareholders data"?
Did you guys received anything?

It's almost a year and I haven't received a single email and (as expected) i was never sent BTCs that i had on GLBSE account.

So, it's game over i guess?

Any input is appreciated. Thanks.

Some people like to pretend like the data was sent.

The fact of the matter is Nefario with a few friends doctored the listings and stole most of the BTC/more valuable assets.

Hopefully the UK's equivalent of the SEC catches up and we see some filings.
1273  Economy / Exchanges / Re: MTGOX has not paid us since 26th of June! on: August 08, 2013, 12:31:28 PM
MTGOX.com has not paid us since 26th of June, have others also experience the same with them?

Pretty much everyone.
1274  Economy / Service Discussion / Re: Can you contact Tradehill? on: August 08, 2013, 12:30:34 PM
Dear All,

I would like to express my apologies to anyone who has had difficulty corresponding with Tradehill.

How's the Dwolla lawsuit coming along?

There's a bunch of people still waiting for the BTC Jared Kenna stole from them last year, what of that?
1275  Economy / Service Discussion / Re: What do you guys think of BitEnsure? Interest Bearing Wallets on: August 08, 2013, 12:29:40 PM
Hmm...  I'm going to say SCAM until proven otherwise.

Exactly.

The value of bitcoin relies on the circulation and trust of bitcoins, the more people uses, the more places accepts bitcoin, the more value they are.
My question is how do you make it by only saving them in the wallet?

This is uniquely stupid.

On one hand, Bitcoin is indefinitely divisible. Saving any qty of them does not make the rest any less apt to circulate.

On the other hand, more exposure just brings in more idiots that then are bringing in more scammers to fleece them, which slowly pushes Bitcoin towards being as stupid and useless as the general population (for which I take you personally as a very convenient illustrative example).

The worse part, it is like he is not even putting much effort into it.  Couldn't he take a few minutes to lift a photo from Linked in?  Pretty lazy scammer.

You mean like the BTC Garden people do with their blogfull of lifted pics?

Coindesk has lost all journalistic integrity in my book.

They never had any. Journalistic integrity is something earned, not presumed. Coindesk is a lulz affair, they tried to buy some relevance by buying a few people a coupla rounds of beer in London and dubbing this adventure "the first conference". That's good enough right there: if they had any integrity, intellectual or even merely journalistic, they'd have done their research with regards to which scammers held the previous "first London conference".
1276  Bitcoin / Press / Re: 2013-08-06 - CNS - Shavers bitcoin Ponzi scheme cannot dodge securities fraud on: August 08, 2013, 12:22:24 PM
And if pirate is smart,
- snip -
hes not, he is defending himself!

Oh no!  This case is going to set a lot of legal precedents regarding bitcoin.  If he doesn't have a top notch legal team, many of those precedents are likely to be detrimental to bitcoin.

That's what we have the Foundation for. It be educating teh public.
1277  Economy / Securities / Re: [MPEx] S.BBET Monthly Statements on: August 03, 2013, 07:34:20 PM
July Results:

*****************
Operational results
*****************

Received 72 new propositions, of which accepted 19, rejected 53. Total bets in worth 220.67110380 BTC.i

Revenue : 7.77441249 BTC, of which :
bets resolved : 3.85399584 BTCii
advertising : 2 BTC
house bets won : 1.84242184iii
gracious donations to shareholders : 0.07799481 BTC

Expenditure : 2.02110795 BTC, of which :
referrals paid : 0.00110795 BTCiv
house bets made : 2.02000000 BTC

Profit : 5.75330454 BTC to be distributed as dividends.

*****************
Miscellaneous
*****************

I bet you next month’s income will surpass this month’s income.

i. Graphs :


ii. 385.39947767 BTC total pool resolved this month.

iii. 2.51000000 BTC worth of house bets were resolved in the current month.

iv. Half last month’s. Apparently people really don’t want to make Bitcoin.
1278  Economy / Service Discussion / Re: Ripple as a service (not coin) on: August 02, 2013, 11:44:41 AM
Even if it's debatable if the Better Ripple end is above or below epsilon, it's still undebatable that Ripple - Ripplescamcoin = Better Ripple.
1279  Economy / Service Discussion / Re: How bitcoin sellers are defrauded at localbitcoins.com on: August 02, 2013, 11:37:43 AM
I posting it after getting no help from localbitcoins.com and no responses from the buyer. They holding my bitcoins hostage at "escrow" while buyer shopping/waiting for the best price.

And so after numerous good faith attempts to resolve this issue with both buyer and localbitcoins.com exchange (which actually has a great interface and quite user friendly) I have to post it here to attract attention to localbitcoins' quality of support and policies that hurts sellers.

So here's how you (seller) can be screwed. Say, you want to sell a few bitcoins. You transfer bitcoins to localbitcoins.com wallet.
You post an ad to sell at localbitcoins.com at a certain price point.

So here is a technique fraudulent buyers (sorachi11 in my case) are using:
  • He goes to "buy bitcoins" section, clicks "Buy" on your ad and then "send trade request"
  • At this point your problem begins: localbitcoins.com transfers bitcoins from your wallet to their "escrow" account. Which means there is NOTHING you can do unless buyer pays (which is not going to happen) or 48 hours or so passes
  • Seller sends you a few PM's about "payment in progress" BS and then goes to buyers section and opens an ad to purchase bitcoins at a lower price point.
  • You do not receive timely (like 10 hours after) payment from buyer and open ticket with localbitcoins.com
  • In a few hours - you get a reply (actual reply here): "Since the buyer has been active yesterday, it's best to wait a little if he'll respond. Normal dispute process can be started 48 hours after payment has been marked complete"
  • Now you realize that you're out of your bitcoins for at least 48 hours, while fraudster is checking the market prices for the best opportunity: if price of bitcoins goes high - he (with the help of localbitcoins.com) is holding your funds hostage at a fixed price level. If price goes lower - he'll buy stuff from someone at a lower price point.

Fraud bonus tip: No one prevents fraudulent buyer to open a few different accounts with different emails and freeze assets of a number of sellers, effectively locking them out of fast changing marketplace for 48 hours.

At this point, after more than 35 hours passes since buyer froze my bitcoins at localbitcoins's escrow - i get neither any response from buyer, nor any other response from localbitcoins (besides the one listed above) nor access to any of my bitcoins.

I hope that eventually i might get my bitcoins back and so that other sellers would be beware of my experience.

You certainly have a point here, basically site is extending overnight loans on your capital which people can certainly use to turn a profit arbing.
1280  Economy / Service Announcements / Re: BTClevels - Bitcoin Binary Options on: August 02, 2013, 11:35:41 AM
Heh, this is like the game I couldn't get anyone to want to play on #bitcoin-otc.

Lol.

Op: see here.
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