well if you put things that way it can be true the local bit its a site not fully worth but in my figures i got trust there in both sides soo i do keep up a bit my business there
If you are not in the United States of Martial Law ("Patriot" act) then localbitcoins.com is a safe, easy and convenient way to trade Bitcoins. |
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Yup, this is exactly what I have in mind everytime I hang up on someone when they mention ransomware. It's a shame they destroyed coin.mx like that, it was my favorite bitcoin exchange in the world, and they were very legitimate. The government ruined a legitimate bitcoin exchange for a single ransomware call, without that they had no case.
How about all the drugs police have bought and sold? All the guns they have given to Al-Qaeda and now ISIS? There is an extreme double standard. I think they go with the ransomware sting because they know it pulls heart strings and they are more likely to succeed.
If you have enough experience selling Bitcoin it is fairly easy to detect who is a real customer and who isn't, so many red flags the past couple of days it was sickening. I am disgusted our country is paying all these people to go after bitcoin dealers.
According to the charges the main issue was that they did not get a license. This is the same thing I was charged with. I argued that I was not running a business, they claimed I was, and after about $300,000 cost to me we basically agreed to disagree on that point. However, I think that coin.mx would have a very difficult time arguing that they were not a business - because they obviously were. Also they have the owner evidently stating that yes, he was totally aware of the fact that he was required to have a license yet he chose not to get one. The whole ransomware thing appears to be just one of the charges "added on" to give them more to talk about and charge him with. This is just like in my case. They seem to think that just the 1960 charge (operating a MTB without a license, 5 years, $250,000) is not enough or not sexy enough so they added on a unfounded, untrue accusations on top of the basic charge in order to "flush out" the document. |
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My wife has flooded every press outlet she can find with our story to no avail. Not one single story yet.
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OMG that is the most fucked up thing I have seen lately and I have seen a lot of fucked up things: http://www.justice.gov/usao-sdny/file/632166/downloadSee paragraph 9. Basically if you sell Bitcoins to help someone get their data back they can charge you with "knowingly enabling the criminals responsible for the attacks to receive the proceeds of their crimes" AGAIN I ASK did you go put all the cops that paid the ransom for their data in jail? THEY ALSO PAID THE CRIMINALS!!! Every single cop, judge, agent who has ever paid off the criminals running the ransomware should be immediately arrested. Hop to it Aaron. So helping people get their data back from a fucking criminal is against the law. To all the Homeland Security agents reading this: how do you sleep at night? |
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I would be interested in how helping someone get their data back from a ransomware scam is criminal. The criminal is the one doing the ransomware, right?
How did they turn selling Bitcoins to someone so they can get their data unlocked into a criminal offense?
I don't doubt they did, just wondering what legal gymnastics it took.
Yes, the feds do operate undercover purchases and sales of Bitcoins as they see fit. I was the victim of these "sting" operations and it cost me, my family, and my finances dearly.
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On top of all this, in view of most recent arrests in Florida, any seller on localbitcoins (especially high volume one) can potentially be arrested for a mere fact of trading. States define such activity as money transmitting, which in turn requires proper state license. The arrest mentioned above were made by undercover law enforcement agents posing as Bitcoin buyers. So, the next time you arrange for a meeting to sell bitcoins, you could be meeting with the police officer.
I have gotten numerous calls for ransomware Bitcoins this week, and at this point I am 100% sure they are all cops. Be very careful guys, if anyone calls you asking for Bitcoins and they mention ransomware tell them you can't do business and hang up. That's what I've been doing, but I still think they are using this against me somehow since I'm supposed to file suspicious activity reports too. In any case no new customers from LBC for awhile, it's too creepy. It really sucks how they are trying to contrive illegal activity, I never ever get mentions of illegal activity from customers but the undercover cops come along and try to force it upon you, since they barely have a case without it. I think this is fallout from the coin.mx bust... the only illegal activity they held against coin.mx was a customer mentioned ransomware. Now they are going after coin.mx's customers. Combined with the New York Bitlicense team patrolling nationwide it's a shit storm. What happens if they mention ransomware a second after you send bitcoins? You're fucked. Literally if you have any feeling it's an undercover don't show up to the deal. There are two ways you can get a ransomware request: 1) "Hey, my computer is locked up and it is asking for Bitcoins. Can you sell me a small number of Bitcoins to send to the bastards so I can get my data back?" 2) "I have a bunch of Bitcoins I need to convert to cash, BTW I got them from [ransomware/drugs/selling stolen goods/etc.]" It seems to me the first case is not a problem. In fact you are helping someone who is in big trouble and the sale would be small, right? Are they really saying case 2)? BTW I will be speaking tomorrow in Boulder: http://www.burtw.com/speaking-schedule--new-.html |
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As long as the transaction shows up in the blockchain and is confirmed you have nothing to worry about.
MyTrezor.com may be having issues, I am sure they will fix it.
This is just a shot in the dark but have the web site "forget" your device and then reconnect?
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rpietila: Thank you for your wonderful words of encouragement. We do get down from time to time and that was great.
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im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?
Your statement above is very concerning. You said "it gave me a extended private key". I have just started to research this wallet and it looks to be a very well thought out open source modern deterministic wallet. I still like that the extended private key never leaves the Trezor and it is basically impossible to get it. That is why I like the Trezor. With access to the extended private key it is possible to steal all the Bitcoins from ALL of your Bitcoin addresses in all of your accounts you have ever created or will ever create from that extended key. Losing control of an extended private key is much worse than losing control of a single private key. I do not know where you can import an extended private key directly. I have taken the seed words from the Trezor and imported them into other deterministic wallets. When you create a copay wallet I would expect it to give you the seed word list so you can import that into other deterministic wallets, but it sounds like they do not do that. Since that is what they gave you I expect you can import it into another copay wallet if you lose your phone. I plan to download the copay wallet and play with it a bit. It looks like it may be something pretty sweet. |
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im currently using the copay wallet. it gave me a extended private key.
if i lost access to copay and i wanted to sweep my funds, how do i do that with the extended private key?
An extended private key must be imported into a deterministic wallet. Trezor, Wallet32, etc. Bitcoin core is not a deterministic wallet. Did you really get an extended private key or is it the list of seed words? |
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I have just joined the DannyHamilton revolution with respect to signatures and signature campaigns.
viva la revolution (against all signature campaigns).
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Again, they are not generated by vanitygen - that would be impossible. The way they are created it to select a string you want to have, for example: 11ALwaysPLayTheGratefuLDead Then calculate the 160 bits that will encode to that string by reversing the following calculation: https://en.bitcoin.it/wiki/Base58Check_encodingThen calculate the correct checksum and properly add it to the end. It is not quite that simple but you can figure it out. In my example the number 0007ccc123012ca1eefc2a65126de365965bfa6d encodes to 11ALwaysPLayTheGratefuLDeadWdq4Xo Finally to record it in the block chain you simple send some Bitcoin that will be forever lost to the address. |
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Normally the process of creating a Bitcoin address is:
1) Create the private key
2) From the private key calculate the public key
3) From the public key calculate the Bitcoin address
The Bitcoin address in question was created as follows:
1) Create a bogus Bitcoin address
Notice that the private key and public key were not created, and they can never be calculated or recovered so:
Any Bitcoins sent to that address will be lost forever.
wait, so the address doesnt have an owner?. that means if someone randomly created a private there's a thin thin chance they could end up with this address. Your "thin chance" is at least one in 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976. So, NO.If someone could end up with this address then they could end up with yours, or better yet an address with thousands of Bitcoins, right? If you are going to randomly end up with someone else's address might as well dream bigger. |
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I think that it was generated through vanitygen?
It has an option but this address the number of "1" is just to long.
The difficulty in this case would be so hard to generate, is it possible?
NO. It is not possible.These addresses are not generated by vanitygen. Addresses generated by vanitygen have valid known private keys and public keys. As stated many times, all of the addresses talked about in this tread do not have known private keys or public keys and never will. |
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