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141  Economy / Service Discussion / Re: Where i can buy traffic for my website for bitcoin? on: October 18, 2014, 04:03:17 PM
I tried to write something like "usa traffic for website bitcoin" in google but sites i that get is really bad.
Give me some advice please
It is generally not a good idea to purchase traffic for your website/domain name. Most advertisers will be able to see right through this and will deny you payment, even for legit traffic.

IMO, you are clearly trying to inflate the value of your domain and/or are trying to scam the people who are advertising on your website. Regardless you are being dishonest
142  Economy / Lending / Re: Looking for 1BTC loan until Thursday(proofof transaction inside) on: October 18, 2014, 03:56:08 PM
Hello, I am looking for a 1BTC loan until Thursday when I receive my bitcoins from Coinbase.
I have the proof of transaction from coinbase.


are you offering collateral?i can do this with 110% collateral and some interest  Smiley

i could pay interest but i have nothing for collateral. I have no other altcoins. Just accounts.

I could give you my coinbase account. And u can change every information on there until thursday.
This is extremely risky, which I would recommend against doing. There is a reason why coinbase delays the withdrawal of bitcoin after purchase, it is because of the possibility that a stop payment will be placed on the transaction or that the transaction is actually fraudulent. There is nothing that would stop you from taking the 2 BTC and run after putting a stop payment on the coinbase transaction.

If you want access to your bitcoin faster then you can use the instant purchase feature that coinbase offers
143  Economy / Trading Discussion / Re: How to trade under this high volatility on: October 18, 2014, 03:47:18 PM
This is expected. Volatility is a derivative of price and derivatives by definition have larger swings then the underlying security they are attempting to mimic.
144  Economy / Trading Discussion / Re: Do you need an bitcoin options exchange? on: October 18, 2014, 03:43:04 PM
A bitcoin options exchange needs to be very well trusted, which you are not. It would also need to be very well funded to protect itself against defaults by traders so it can keep traders "whole" when they have a profitable trade.

It would be a much better idea to start a reputable exchange and then expand into options trading instead of getting directly into options trading.
145  Economy / Trading Discussion / Re: HOW CAN I BUY BITCOINS HASSLE FREE - HELP! :) on: October 18, 2014, 03:33:52 PM
U can buy/sell bitcoin with paypal now

how to buy and sell bitcoin in paypal?
Paypal is probably the worst way that you could potentially be trading for bitcoin. PP is reversible after several months while bitcoin is generally not reversible period (you will generally only be able to reverse bitcoin transactions after a short time and only with a very specific attack).

If you wish to deal with paypal and bitcoin then it would be much better to cash out your PP into a bank account and then use an exchange to trade bitcoin
146  Economy / Scam Accusations / Re: Charlie Shrem is scamming me, watch out on: October 18, 2014, 03:29:19 PM
in case I lose access to any of my accounts here or elsewhere :

the receiving address will stay the same, I don't intend to change it.


can somebody please quote this post, thanx
Charlie has, on multiple occasions wanted to confirm that he was sending the bitcoin to the correct address prior to doing so. I think you are being overly dramatic and are trying to make a bigger deal out of a situation that is not a big deal. From what I can tell Charlie honored his end of the agreement, and you wanted to get paid sooner, and opened a scam accusation as a result.

please bug out, you don't have the complete info on this story,
you don't know all that was said behind the scene

I have been patient and very polite
If you are going to cry "scam" to the community then you need to be ready for people to question you about the agreement as well about your intentions. If this was a private matter then you would be right to say to "bug out" however once you cried scam you made this a community matter and everyone in the community has the right to question you

EDIT: I see that charlie has refuted that he is actually late in paying you for any of the physical coins, however you have not disputed this claim, which would lead me to believe that you are the one trying to get an advance payment not trying to recover a late payment
147  Economy / Scam Accusations / Re: What to do once a scammer is exposed on: October 18, 2014, 03:18:47 PM
report them to your local state police department. then to the FBI. it might not stop a small timer, but the big guys will go down if enough people report them.

Does the police department handles cases where a fraud in bitcoin has been commited, and people have screenshots and messages as proof?
I don't think the police/courts would be able to accept a screenshot as proof. They would need actual records from the forum's system of record, which would likely only be able to be obtained via a warrant.

Also the question of someone getting charged is not a factor of how many people report them it is a factor of if there is evidence of a crime and if it is a good idea to try to prosecute someone for such crime

This is not entirley true. They do take and use screenshots provided the original raw file can be provided AND it can be backed up with the actual file. Additionally they will accept web.archive.org as evidence of an uninvolved 3rd party. The screenshots are used or a video that shows the same material.
Internet archive sites can be manipulated.

The same is true with a screen shot. The court would likely only accept the actual messages/posts from the forum. If a screen shot of a internet archive site was used then the evidence could easily be impeached and reasonable doubt would be created to get any scammer off the hook
148  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: October 18, 2014, 03:10:40 PM
I actually think Josh is excited to go to prison.
I somewhat doubt that he will actually end up in prison/jail. I do not doubt in any way that what he did was unethical and wrong. I also think that what he did was probably illegal, however the law is not 100% clear on this matter.

Does he deserve jail time....yes absolutely.

I would say that if he is criminally charged, he will claim the delays were legit and blame the delays on incompetence.

The monarch had suffered from much worse delays then their previous miners, and it is very well possible that they were trying to pull a "long con" although it is somewhat possible (although unlikely) the delays were somewhat legit.

I do not think that many people who would serve on a jury would be able to understand the consequences of such delays 
149  Economy / Scam Accusations / Re: MOD ABUSING THE TRUST RATING SYSTEM IN GMAXWELL on: October 18, 2014, 03:03:17 PM
1. gmaxwell is not just a mod here, he is a core dev of the bitcoin protocol.
2. it's a trust system, not a feedback system

That is worst that he should NOT backing these users attacks on another pool ESP when their are coming from P2 users....    I do not gave a rats if he the POPE or the KING etc   and should be leading by example to stamp out these types of users etc IT a really good look that a bitcoin dev is attacking other members on this forum under fake IDS and other pools when he a dev of the coin that these pools are mining and goes against the core mission statement of the BTC major bodies Very good look NOT

Time ticking GMAXWELL
If you feel that gmaxwell left you negative trust because he is trying to "protect" bitcoin then say so and provide evidence. Generally speaking, people will trust him because of his past actions, however trust is not something that cannot be taken away (the same is true for "real life").

The fact is that he does have a very good point as to why he does not trust you. The fact that you have "red" trust does not affect your ability to trade with other members, it only affects your ability to attempt to scam.

If you read above you will see a very good explanation from SaltySpitoon as to how the trust system works in a non-technical way. I would suggest that you read his post.

If you want to have your negative trust removed, you should change how you act to act in a more trust worthy way, once you do that I would suggest trying to get in contact with the person who left you negative trust (in this case is gmaxwell) to see if they are wiling to remove it.
150  Other / Politics & Society / Re: [Poll] Free Ross OR Kill Ross <search for public opinion> on: October 18, 2014, 02:50:17 PM
I can't say I disagree with either one of you. When I was a young single guy in college I could have been either one of you. My attitudes changed when I became a father. I made the extreme post showing the photos because I want people to understand this is a real issue not a hypothetical one. Is the girl in the photo just some knocked up stupid bitch that let her boyfriend hook her on drugs or is she someone's daughter or sister in trouble? Perspective is everything. It's easy to want freedom for this drug dealer (or facilitator) if his release won't effect you personally. I know jailing this guy is like floating in a sea of shit and reaching over the side of the boat to pick up one turd. It seems stupid until you realize that all you can do is flush one turd at a time.

Young people don't always make the best decisions. Mainly because they're immortal. I know because I was immortal until I was about 30. I don't know how to get my kids to 30 without being overprotective. Many times the legal system overprotects people even when it can't really solve the problems. But some people think they're immortal or their just stupid and need protection. Is it the best system? Definately not. Is it a good system? Definately not but it's the only tool I have to work with today.



I see your point. For the record, I'm a few weeks shy of 46. I also have two kids and a third on the way. I still believe as strongly as I stated above, and yes, this is the system we're currently stuck with. But it needs to go, and punishing DPR for, frankly, doing the same thing that any pharmacist is doing, does not help this nebulous "society" nor serve to protect anyone. The simple fact of the matter is that getting drugs is ridculously easy, no matter the venue, and that the silk road and similar sites existed before bitcoin, and will continue. I agree with the guys who say it probably prevented more violence than it caused trouble.

Drugs get a lot of blame. Drugs,, like guns, knives, and blunt instruments are neutral. They do nothing on their own. You can't have a war on drugs, cuz they won't fight back. The war on drugs is a war on people. I do not advocate the legalization of some drugs, we already have that. In fact, the two most deadly are available in most convenience stores. I advocate and end to ALL criminalization of personal behaviours. I know whence I speak, as I've know a lotof addicts. Most who do want help don't seek it, because they are afraid of the consequence of the law. This is counterproductive.

It also leads to massive corruption and a narrowing of focus by so called law enforcement agencies. When a drug bust carries more time than capital murder, which is often the case, you know that the system is useless. I don't have any short term solutions, other than immediate repeal of all criminal penalties for the sale and possession of drugs. That one thing would reduce the violence, stigma, and danger by so much that the rest would seem a small problem. Addicts would be able to seek help without fear. People who used and were personally responsible (in my experience, the vast majority of drug users) don't run the danger of getting shot or getting a vein full of Drano. It's the only short term solution that makes any sort of sense, and the evidence of it's success lies in Holland.
The difference between Ross and a pharmacist is that a pharmacist is simply following the instructions of someone who took an oath look after the medical interests of the patients they see while ross was looking after the interests of drug dealers who only wanted to make money and were not looking after the interests of their customers (other then the fact that they would get a good "high"
151  Other / Politics & Society / Re: THOUSANDS of Chemical Weapons Discovered at Iraqi Complex Now Held By ISIS on: October 18, 2014, 02:46:53 PM
This time they're real.

And they will attack the US any day. We must defend ourselves!

lol. yeah, I don't think we should go get them either. I seriously doubt they would consider using them outside of the caliphate region. It would be easier to make ricin or sarin in the U.S. than smuggle it in. But damn, of all the people to wind up with this stuff.
The issue is not just using them in the US, it is the fact they have access to the weapons period. ISIS could easily use the chemical weapons in Iraq to commit even more genocide or could use it against any other civilized country that does not protect it's border as "well" as the US does.

EDIT: The ISIS would also probably not enter the US legally if they were to use these weapons, they would probably enter illegally in a similar fashion that the illegal immigrants enter
152  Other / Politics & Society / Re: The Michael Brown shooting , what really happened?? on: October 18, 2014, 02:25:31 PM
First thing that starts showing up on google, looks like people are mass searching for it Tongue

http://downtrend.com/71superb/unarmed-white-man-shot-by-police-no-riots-al-sharpton-silent-obama-keeps-golfing/
I think the point of that article is that Obama (and his racist friends) are making the Brown shooting an issue of race when it is really not. The fact remains that Brown has assaulted the officer (and committed a felony in doing so) and the officer had the right, if not the duty to shoot him.

Obama and his racist friends wants to make it seem as if Brown was some innocent kid just as they did for Martin
153  Other / Politics & Society / Re: New film exposing CIA ties to the crack trade on: October 18, 2014, 02:22:57 PM
Oh please, anyone in the know who has actually studied history and not the shit made up in school is aware that Afghanistan is one of the largest producers of drugs, namely stuff like Opium, the CIA was also reponsible for funding what was Al Qaeda during the cold war to prevent the Russians from invading so it's no wonder they have their hands in the drugs trade.

The problem is having to convince people of this who are deliberately ignorant.

Ironic that since the US invasion of Afghanistan there's been a massive increase in opium production. The West has been flooded with heroin over the last decade yet still politicians are calling for more 'war on drugs'.
This is why there was such a large call to stop buying illegal drugs after 9/11 as it was said that the purchase of illegal drugs would eventually help terrorists who recently attacked us.

Since we funded Al Qaeda, we have suffered major setbacks in the war on drugs as we were essentially fighting against ourselves
154  Other / Meta / Re: Why do members here have so few posts? One theory on: October 18, 2014, 02:15:30 PM
How have you been here only a week but your account was created in March 2013? It sounds a lot like you purchased your account.

Also people do not spend massive amounts of time posting, but rather most people spend the majority of their time on here lurking and reading posts instead of contributing.

Posters are generally not afraid about giving away too much information about themselves however they are able to prevent the release of personal information.

Mods are not overzealus, and are actually pretty liberal about deleting posts and banning. The only real time you will be banned is if you spam or try to spread maleware (although there are other, less commonly used reasons)
155  Economy / Lending / Re: Loan requested - Business startup on: October 15, 2014, 05:23:38 AM
So I finally got real today, and I spoke to a lender that we know.
Looks like I will be borrowing fiat to get this business going in the right direction.
I really tried to stay away from fiat and traditional lending.   

I got reacquainted today why I stay away from traditional funding.    On top of a 10% interest rate, I also have to pay about $4000 lending fees.   Plus they wouldn't lend me a small amount of money like $30k, I had to take MUCH more than that, just to qualify for the loan. 
Your BTCjam listing had an APR of over 60% which is much higher then 10%, IIRC it was actually around 68%, and the estimated loss rate was ~64%, giving the lender an effective rate of ~4% (but you would still need to have paid the entire 64%

Although I find it unlikely that you would not have qualified if you took out a smaller loan, if the loan amount was $40k (which is not a *lot* more then $30k, but we can use that figure for illustrative purposes) then a $4k fee for taking out the loan would work out to 10%, and would increase the APR by 40% if you are only taking out a 3 month loan. Add the 40% to the 10% interest rate and you only have an APR of ~50%.

I promise you that bitcoin related lending will not be as efficient as fiat based lending for a long time due to the irreversible nature of bitcoin and the diverse geographic backround of potential borrowers and potential lenders



Actually, another benefit with this fiat money lender, is that he is private and we spoke to the source instead of a broker.  We got him to finance us for up to two years, but we are going to pay him much sooner than that to save money on interest.  Its spread out over a 30 year amortization period, with interest only repayments.   For the purposes that we are using it for, this is a great kind of load for us.  It's very flexible.   

Since I retired due to a car accident in 2013, I don't have a lot of credit options.   I have a decent 6 figure income, but nothing really documented yet such as a w-2, most of my income is stated income until next tax year comes around.    For a lot of years I worked for someone else, and I wasn't investing.  So I don't have a lot of recent activity on my section C of my tax forms any more, like I used to.

So now I am building credit and going back to entrepreneurial endeavors.    It's tough going from being a 9-5 employee for 6 years, to going through the pangs of recovering from a really bad car accident, to then being self employed again all of the sudden.

But we have done this before, and we'll do it again.  It's a process.

If you have a 30 year repayment period then your effective interest rate is a lot lower then what you would have paid on BTCjam. I am glad you were able to save money by getting a fiat based loan.

This also sounds a lot like a mortgage and sounds a lot like you got a "liar loan" that was very common during the mortgage/housing boom period of the mid 2000's
156  Bitcoin / Bitcoin Technical Support / Re: Possible to crack encrypted BTC wallet if you lose password? more questions too! on: October 15, 2014, 05:19:49 AM
It is possible to "crack" your encrypted password if you forget it. This is really only true if it is *your* password as you likely remember some part of it, or how many approximate digits the password is. This information would make it somewhat easier to brute force your password as the possibilities of what your password could be are much less.

There are a few services that can help you "Find" your password for you on here for a fee. I would only trust the ones that do not require you to send the entire wallet.dat file (but only the, I believe the header), and would not trust any third party site.

AFAIK it is not possible to determine the "balance" of your wallet.dat file without the password
157  Bitcoin / Bitcoin Discussion / Re: Miners did lower hashrate when 1 Bitcoin < $300 on: October 15, 2014, 05:01:24 AM
Coincidence that the hashrate dropped when marshals raided BFL, so perhaps their customer rig "testing" mining farm went offline?
This is very well possible. The FTC however alleges that BFL "only" tested customer miners for two days prior to shipping so based on this the BFL farm should not have been that large. (I do suspect that the actual testing period could be accurately measured in months).

The miners do not actually lower the difficulty, they can only take mining capacity offline which will cause it to take longer for blocks to be found which will generally cause the difficulty to increase (assuming the lower hashrate is low enough to it take more then 2 weeks to find 2016 blocks)
158  Bitcoin / Bitcoin Discussion / Re: Blocks are still taking way too long. on: October 15, 2014, 04:55:05 AM
Over 30 minutes for a single confirmation does not (and will not ever) work in the real world.
(Almost) Every time I start to believe that BTC is "going mainstream", I have a delay waiting for a 30+ minute block....  Shocked

solution:
if your paying for a coffee or a mars bar, dont wait. if your buying a house wait 30 minutes

solution:
if your paying for a coffee or a mars bar, use LTC or DOGE. if your buying a house wait 30 minutes  Wink
One confirmation with LTC or DOGE is much less secure then a 0/unconfirmed TX with bitcoin. Both of their network is not secure so it would be easy to attack the network and reverse your TX. Once a TX is propagated throughout the network, nodes will not accept TXs that use the same inputs so you will not be able to broadcast a TX that spends the same inputs, the only way to double spend is to confirm a block that uses at least one of the same inputs as what you just spent. As long as the value of your cup of coffee is less then what it costs to mine the next block then you are almost certainly safe to accept a 0/unconfirmed TX after the TX has been properly propigated

Not disagreeing with you , but isnt LTC fairly secure?  
It is the most secure altcoin out there as of now but the short block time gives a misleading picture as to how secure it's network is. Even if it has the same difficulty as bitcoin it's 2.5 minute block time means that it takes 25% of the work to find one block and there will be at least 4x as many orphaned blocks.

If you want to do an apple to apples comparison of network security the LTC network has a difficulty of ~36.5 thousands now, compared to 35 million for bitcoin. Granted BTC and LTC miners are not interchangeable but I think this gives a pretty good comparison as to how easy it would be to attack either network.  

The thing is that one confirmation is more secure than zero confirmations as it prevents a whole category of zero confirmation double spend attacks. So that confirmation comparison you're making is only accurate for a comparison of attacks where a rogue miner is actually publishing blocks. And the amount of time you need to wait for the same amount of security is the same so they're actually equivalent. Like I said up thread, the only disadvantage to shorter block times seems to be more orphans, but since it's something that benefits the end user I would think most people who aren't miners would actually be behind such a change. And the smart ones who are miners will see that despite the fact that they will be wasting some hash in some cases, the potential gains in demand and positive perception due to people not having to wait around 30 minutes for a confirmation often enough should make up for it in the long run. That's just conjecture of course, but considering the amount of complaints we hear about Bitcoin's slow block targets I wouldn't be surprised if that was the case.

It's not just more secure, it's infinitely more secure.

Fast-confirm coins absolutely have a niche, in my opinion.
Fast confirm coins are much less secure and having one confirmation on a fast confirm network is less secure then a 0/unconfirmed TX on a 10 minute network. The reason for this is that nodes will not accept a double spend transaction when there is a propagated TX that spends certain inputs. As long as nodes are sufficiently diverse and TXs are able to propagate quickly, then it will not be possible to double spend certain inputs you have spent on a 0/unconfirmed TX unless you find a block and include the double spend TX in that found block. At the very least you will need to wait for enough confirmations to equal one "10 minute" confirmations to get the same security of a 0/unconfirmed TX assuming the hashrate is the same.

The problem with this is that shorter confirmation blockchains also give miners more of an incentive to mine on shorter blockchains to prevent their chain from being orphaned. This will result in more orphaned chains and longer chains, ones that will potentially exceed the equivalent of a 10 minute confirmation
159  Bitcoin / Bitcoin Discussion / Re: Bitcoin Nodes on: October 15, 2014, 04:47:21 AM
Is there any current community driven efforts to increase the number of Full nodes?

there is one guy selling a service to add nodes to the network, but they are all IP addressed to his service (centralizing nodes), which is not what the community need or should be buying into.

id say anyone with other $1000 worth of btc should secure their stash by being a full node and not relying on third party light wallets. after all if light wallet businesses shut down their service, the software used to communicate transactions has nothing to talk to.
As long as you control the private keys to the addresses in the light wallets, someone could simply import their keys into a client that acts as a full node.

I think over the long term, most nodes will be somewhat more centralized and will be more costly to run as the blockchian gets larger and TX volume starts to pick up
160  Economy / Lending / Re: Loan requested - Business startup on: October 15, 2014, 04:42:57 AM
So I finally got real today, and I spoke to a lender that we know.
Looks like I will be borrowing fiat to get this business going in the right direction.
I really tried to stay away from fiat and traditional lending.   

I got reacquainted today why I stay away from traditional funding.    On top of a 10% interest rate, I also have to pay about $4000 lending fees.   Plus they wouldn't lend me a small amount of money like $30k, I had to take MUCH more than that, just to qualify for the loan. 
Your BTCjam listing had an APR of over 60% which is much higher then 10%, IIRC it was actually around 68%, and the estimated loss rate was ~64%, giving the lender an effective rate of ~4% (but you would still need to have paid the entire 64%

Although I find it unlikely that you would not have qualified if you took out a smaller loan, if the loan amount was $40k (which is not a *lot* more then $30k, but we can use that figure for illustrative purposes) then a $4k fee for taking out the loan would work out to 10%, and would increase the APR by 40% if you are only taking out a 3 month loan. Add the 40% to the 10% interest rate and you only have an APR of ~50%.

I promise you that bitcoin related lending will not be as efficient as fiat based lending for a long time due to the irreversible nature of bitcoin and the diverse geographic backround of potential borrowers and potential lenders
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