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1281  Bitcoin / Bitcoin Discussion / Re: If you didn't get paid for your signature, would you still care about Bitcoin? on: August 12, 2015, 02:33:28 PM
I was in Bitcoin long before I joined a signature campaign so obviously I do care about Bitcoin.
In fact I care about Bitcoin so much that I always try to find ways to add more to my small collection.
Signature campaigns aid me in my cause Wink
1282  Bitcoin / Bitcoin Discussion / Re: Describe BITCOIN in ONE word. on: August 12, 2015, 02:24:30 PM
885a386bc23f3974c5336e4194d23b5b3317c63c642fdafaeb82ecb7286edab6

Really? Cheesy

Amongst others I would say Evolution.
1283  Bitcoin / Bitcoin Discussion / Re: Another huge problem with Bitcoin and the problems users have staying safe on: August 11, 2015, 03:47:55 PM
Imagine someone steals trillion of dollars per year from people and they use it to go out and bomb and shoot people and kidnap and imprison millions of other people.

Scary thought.

Indeed it is a scary thought....
I don't even wanna think about it.... Roll Eyes

Hell, imagine if a few of these so called bankers found a way to make hundreds of billions of dollars by putting the taxpayer in debt.
And when the whole think blows out, they bail out and get to keep all that money.
Now isn't that a scary thought? Roll Eyes

Anyone seen Inside Job, the documentary, by the way?
It's pretty good.
Explains a lot.
1284  Bitcoin / Bitcoin Discussion / Re: Who is "Variety Jones"? on: August 09, 2015, 08:15:34 AM
Possible that this page is indeed from the original VJ, because its content could make one think it is, but I doubt it as long as he don't sign it with his pgp key from 2010.

That particular pgp key is basically radioactive. Had Ross' trial gone differently (with those corrupt agents a part of it), maybe, someone would sign. Life in prison without the possibility of parole? This whole case is messed up...

This guy is giving away his address and telephone number. He doesn't look too scared to me.

That phone number is part of pop culture. Mike Jones... a rapper who used to include his number in songs and whatnot. That address is fake as well. 330 1st Avenue ... 330 1... 3301. Probably poking fun at Cicada 3301?

I highly doubt that, that is the real Variety Jones.
Probably some kid trying to have fun without knowing what he getting himself into.

The real VJ is long gone (if not an agent) as I am sure he knows the seriousness of this.
1285  Bitcoin / Bitcoin Discussion / Re: Crypto is IQ test, on: August 07, 2015, 04:40:25 PM
blank stare IQ less than 5

ive heard of crypto 10

i know what crypto is 15

i  have used crypto 200


IQ test usually mean nothing. Im sure there are a lot of high IQ bankers out there that still don't know how Bitcoin works and have never owned a single one or used a wallet. IQ is only good for strong logic, being intelligent is not the same as being smart.

I wouldn't classify bankers as intelligent.
Cunning is more like it.

And as you have mentioned, there are many ways one can classify one's intelligence, mainly by the way they use it.
That is why I respect Satoshi.
I believe there is MANY programmers much better than Satoshi (in programming), however they are using their skills to make FIAT money.
Satoshi simply created his own money which is better than anything used as money so far Wink
1286  Bitcoin / Bitcoin Discussion / Re: Alot is not enough on: August 07, 2015, 04:21:15 PM
I don't really understand but he is really cute and fluffy!
http://knowyourmeme.com/memes/the-alot
The Alot is a fictional mammalian creature with brown fur invented by Allie Brosh, the creator of the webcomic Hyperbole and a Half. The creature was inspired by the common grammatical error writing the phrase “a lot” as “alot.” The Alot is often referenced when someone has made the error in a discussion thread to point out the mistake in a lighthearted manner.

It's ironic, but the OP actually did not make that mistake.

Actually the OP did make that mistake.
You can tell by the reply titles (including this) Wink

Apart from that, does anyone have any clue as to how many grains of sand there are on earth?

http://lmgtfy.com/?q=how+many+grains+of+sand+are+in+the+earth

Erm, thanks.....
So, let me take the first result: http://www.npr.org/sections/krulwich/2012/09/17/161096233/which-is-greater-the-number-of-sand-grains-on-earth-or-stars-in-the-sky
Quote
They said, if you assume a grain of sand has an average size and you calculate how many grains are in a teaspoon and then multiply by all the beaches and deserts in the world, the Earth has roughly (and we're speaking very roughly here) 7.5 x 1018 grains of sand, or seven quintillion, five hundred quadrillion grains.

Are we not forgetting that in the bottom of the sea there's sand as well?
What about those grains?

Anyways, my point was that there is no way we can know for certain how many grains of sand there is (or how many stars for that matter).
We can only guesstimate.

That being said, Bitcoin users have nothing to worry about when it comes to address collision.
1287  Bitcoin / Bitcoin Discussion / Re: OPENBAZAAR please save us, look at my current situation with EBAY. on: August 07, 2015, 03:16:21 PM


Yeah, but his problem isn't with eBay.
It's with the person/company claiming "trademark" infringement.

@OP I think you should seek legal advice on the matter.
1288  Bitcoin / Bitcoin Discussion / Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!! on: August 07, 2015, 03:00:36 PM
satoshi only has 50 BTC?  Huh
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands



for how he mined alone, because the diff was very low around 1 if i'm right, which mean that you can mine something like 10k bitcoin or even more, a day, right?
and with that rate he only need 3 months to accumulate 1M, i think he was very near 1M or more if it wasn't for some coins that he might lose

Actually it's 7200 coins per day (back then), and he wasn't mining alone.
Hal Finney himself said that when Satoshi announced the release of the software he grabbed it straight away and started mining.
He actually gave a lot of input to Satoshi regarding the software AFAIK.

EDIT:
I haven't researched what happened in dept but my theory is someone random that's pretty smart accidentally (or willingly) found the exploit and used it to try to fake a panic sell by making people think Satoshi was about to dump his fortune.

coinpr0n gave a link (a couple of posts above yours) to the excplaination of what happened by the guy that did it Wink
1289  Bitcoin / Legal / Re: Bitcoin becomes 100% unregulated in Japan!!! on: August 07, 2015, 01:42:29 PM
tux using the stolen btc to bribe the judge?

That could be a possibility, if he is truly the one who stole it.
Has anyone seen any of those coins move?
I haven't been following the case much.
1290  Bitcoin / Bitcoin Discussion / Re: Alot is not enough on: August 07, 2015, 01:00:39 PM
I don't really understand but he is really cute and fluffy!
http://knowyourmeme.com/memes/the-alot
The Alot is a fictional mammalian creature with brown fur invented by Allie Brosh, the creator of the webcomic Hyperbole and a Half. The creature was inspired by the common grammatical error writing the phrase “a lot” as “alot.” The Alot is often referenced when someone has made the error in a discussion thread to point out the mistake in a lighthearted manner.

It's ironic, but the OP actually did not make that mistake.

Actually the OP did make that mistake.
You can tell by the reply titles (including this) Wink

Apart from that, does anyone have any clue as to how many grains of sand there are on earth?
1291  Bitcoin / Bitcoin Discussion / Re: Operation Save Bitcoin on: August 07, 2015, 09:02:28 AM
We all know that Altcoins are hurting bitcoin in big way. Scammers are creating altcoins on daily basis and big altcoins exchange are helping them milk money out of it by charging as little as 3 BTC to list their scams.

Scammers list their scam on exchange, people buy it for BTC, Scammers collect BTC, Scammers sell BTC for Fiat while bringing BTC price down. We can sit here and blame investors or what not but real truth is they won't go away unless we come up as a team and eliminate them.

Fastest way to eliminate scams is report exchanges that are listing them. Once they can't be listed on exchanges they will have no place to go and they will die.

So, it's time we come up with a plan to save BTC and I believe if everyone does it soon we'll see rise in BTC price.

Step 1 - Keep track of Altcoins scam
Step 2 - Put all the evidence in one pile
Step 3 - Wait till it gets listed on exchange
Step 4 - Report Exchanges to FBI with all the proof that you've collected (including pump & dump)


The best you can do is warn other member about an upcoming scam, but even then probably NOTHING will happen.
You know why?
1) Because scammers are smart and they create self moderated threads.
2) People are greedy and will jump to any "opportunity" to make easy money
3) Most people know it's a scam and they are trying to milk it too while they still can.

FBI?
Do you really think the FBI gives a shit about crypto scam coins?
If it ain't stepping in their fields, they don't care.

Like I said the best you can do is warn other members about the upcoming scam.
Start here: Scam Accusations

LOL
Operation save Bitcoin......
I like that Cheesy
1292  Bitcoin / Bitcoin Discussion / Re: Hacking Team hacked and exposed. They sold code to steal Bitcoins! on: August 07, 2015, 08:32:33 AM
source: http://arstechnica.com/security/2015/07/how-a-russian-hacker-made-45000-selling-a-zero-day-flash-exploit-to-hacking-team/

Quote
It’s clear after reviewing other e-mails in the Hacking team archive that the firm wasn’t just buying from Toropov but from numerous others as well, including a “Dustin Trammell” of vulnbroker.com. Eric Rabe, Hacking Team’s spokesman, did not immediately respond to Ars’ questions about the company’s history and expenditures on zero-days.

Interesting.....
That Dustin Trammel guy is a member of these forums.
Personal website.
Personal blog.

1293  Alternate cryptocurrencies / Altcoin Discussion / Re: Doesn't Maidsafe deprecate basically EVERYTHING? on: August 07, 2015, 08:14:18 AM
So, from what I gather this project is still not operational, right?
Well, maybe that's the reason people aren't talking about it.
That and maybe the fact that it had an IPO/ICO which they sold 430mil coins (or $6mil at the time).
A lot of people tend to think of IPOs/ICOs as scams and with good reason considering the massacre that goes on in the alt coin forums Shocked
True story....

Anybody know when this will be operational?
1294  Bitcoin / Legal / Re: Bitcoin becomes 100% unregulated in Japan!!! on: August 07, 2015, 06:40:22 AM
Does this mean that you can freely open bitcoin casinos in japan, a country where gambling is strictly illegal except yakuza pachinko parlors?

Definitely, I am sure the Yakuza wont mind Roll Eyes


does this mean anything for the mtgox trial?

If Bitcoin cannot be covered under the existing law then Mark Karples cannot be prosecuted for stealing all those Bitcoins under the existing law. He can only be prosecuted for embezzling the fiat from customer's accounts. I'm eager to hear what they will charge him with. If he doesn't get charged for stealing Bitcoins then there will be a huge influx of Bitcoin exchange hackers into Japan.

I too am very curious to see how this unfolds.


So with no ownership over bitcoin, I'd expect cryptocurrencies to never be widespread in Japan. Then again, we don't know hoe valid this order is and how seriously is going to be regarded.

The only thing you need to own a bitcoin is to hold the private key. The government cannot do anything to change that basic fact.
But then again, what happens if you can't pursue third party services for stealing your bitcoins, overcharging etc. I don't see Japan being a good place to start a bitcoin related business after this.

Use multisig?

I don't see any difference with what is already happening with regards to that matter.
And that is, exchanges claiming they have been "hacked", if you know what I mean Wink

1295  Bitcoin / Bitcoin Discussion / Re: New essay seriously questions Bitcoin's future success on: August 06, 2015, 10:10:37 AM
"Money is the product of society, just as Bitcoin is the product of a society of computers. Money needs the greatest human network to succeed, just as the Bitcoin blockchain needs the greatest computer consensus. This network and consensus, however imperfect, is ultimately provided by the state in modern societies, just as it was the case in the many cases of recoinage and remonetization throughout history. For as long as we have states that strong and accepted by people, for better or worse, Bitcoin will remain a substitute currency."

translation
"Money is the product of banks, just as Bitcoin is the product of social demand for change. Money needs legislation and minimum wage laws forcing the banks paper to remain and to succeed, Bitcoin blockchain needs just a non centralized consensus to succeed. For as long as we have states laws forcing fiat acceptance by people, for better or worse, Bitcoin will remain a substitute currency."

"For any currency to succeed ultimately, it needs to be accepted by government as good for payment of debt and taxes. Bitcoin is anathema to the bankers, and these financial terrorists will cause pain and death in any country that attempts to adopt it, and blame it on the currency extremists. They don't need governments to kiss and make up."

translation
"For any currency to succeed ultimately, it needs to be accepted by a majority of the population who refuse to barter with anything else. then governments would be forced to accept it too, else they would be out of a job. Bitcoin is anathema to the bankers, and these financial terrorists are just businesses. and a government can easily just let them dry up and not get bailed out. They need governments to survive."



No they don't.
They buy governments anyday of the year.
If the government in discussion doesn't co-operate, some sort of fatal accident or incident will take place.

http://www.examiner.com/article/executive-order-11110-and-the-jfk-assassination-question

Quote
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of it's power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
1296  Bitcoin / Bitcoin Discussion / Re: Why hash rate dropped so much? on: August 06, 2015, 09:43:27 AM
hasn't blockchain.info been outed as basically 100% inaccurate and unreliable? besides, the link in this thread doesn't show the hash rate decreasing on my end... it just isn't increasing as rapidly.

Most of the miners are in China, I wouldn't be surprised, as soon as they are not profitable any more, to see them simply throw all the hardware in the river. Not the most environmentally, sustainability concerned nation... (not that the rest of the world is much better, but the Chinese are particularly toxic in regards of disposal of old computer hardware.... there are whole towns and cities that are basically toxic waste dumps... people living right in it)

Nope, they wont.
They will sell it to whoever has been buying them so far.
And my guess is that they will sell out in no time Wink
1297  Bitcoin / Bitcoin Discussion / Re: What stops people storing large objects on the blockchain? on: August 06, 2015, 09:24:55 AM
If you could reverse the hash, you would have the greatest form of compression to date.

It wouldn't be compression. There would be plenty of other inputs of equal and shorter length than your encyclopedia, that theoretically would be a match. It would mean crypto is broken, but it would be by no means a reversible compression algorithm.

Additionally, it should be noted that a hash is also key to proving that a piece of data existed. If I need to prove that I came up with a certain invention today, I'd write up an unambiguous description (including a possible random nonce at the end, and/or my name), hash it, and record the exact description that I hashed. I then push the hash to the blockchain (which implicitly timestamps it by way of including it in a block). This can be done using an OP_RETURN (truncating if hash is longer than 320 bits), or by creating a brainwallet from the hash and sending a small amount of coin to that wallet. In the case of the brainwallet, it's actually a COMPOUND hash (sha256 for private exponent, point multiplication to public key, and RIPEMD HASH160 to address).

If I then need to prove that I had this invention at this exact time (for example in court), I simply publish the description (including random nonce and my name, exactly as they were in the input to the hash). Anyone can then hash that description, find the txn that included its hash, and be assured that I had access to that data on that day.

What you describe about using brainwallets to timestamp data is exactly what is being done at https://bitsig.io

Well, it seems that someone has submitted the answers to the Rushwallet contest.
I do not understand why, but it's there.
1298  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin could bring about world peace? on: August 06, 2015, 08:03:49 AM

Bitcoin cannot bring world peace.
That was not what it was designed to do.
There will never be world peace, not unless the entire planet is threatened by aliens, and even then, there will be arguements of who gets to represent the world.
1299  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Merriam-Webster's Dictionary on: August 06, 2015, 07:34:53 AM
Some of us are hoping that Bitcoin will be accepted by the public and be used in the future like an ordinary currency.
However, I noticed that the word "Bitcoin" itself is not yet in the Merriam Websters dictionary. (please correct me if i'm wrong)
So I searched how can a word be added in the Merriam-Websters dictionary and here's the answer

Quote
To decide which words to include in the dictionary and to determine what they mean, Merriam-Webster editors study the language as it's used. They carefully monitor which words people use most often and how they use them.

Each day most Merriam-Webster editors devote an hour or two to reading a cross section of published material, including books, newspapers, magazines, and electronic publications; in our office this activity is called "reading and marking." The editors scour the texts in search of new words, new usages of existing words, variant spellings, and inflected forms–in short, anything that might help in deciding if a word belongs in the dictionary, understanding what it means, and determining typical usage. Any word of interest is marked, along with surrounding context that offers insight into its form and use.

reference: Merriam-Websters Dictionary FAQs

Looks like we still have a long way to go before Bitcoin will be accepted

Well, it appears to me that Merriam-Webster's editors are not doing such a good job because Bitcoin has been and is constantly being mentioned in all the above mentioned media.
It's either that or they are avoiding it for a reason.

Has anyone tried contacting them about adding Bitcoin in their dictionary?
1300  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become the best technology ? on: August 06, 2015, 07:29:21 AM
I just read a poster saying "Bitcoin is not the best technology around".  It made me wonder.  Can it be changed to be better and if so is that what is planned or is the technology so baked in that it cannot be improved upon?

I would say technology has a wide range of applications.
So one cannot say that one or the other is the best technology.
One can say however that Block Chain is the best technology for decentralized applications, and I doubt anyone can argue with that.
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