The wallet has now been funded! @tmfp I did not have time to meet with them, but I did see the place passing by. I chose instead to talk with bankers, government, and merchants with what little time I had. There are a lot of fun ways to do this that I may try in the future. Maybe a system that allows you "buy" clues if you send to the receiving address? That way the kitty keeps growing and the reward becomes bigger. Or a series of small wallets with clues to a bigger treasure. Or a crowd source treasure hunt with small rewards and one bigger one. There really are a lot of cool games we could play. Stay tuned for more clues tomorrow. Although for all I know someone will see this and say "I know where that is"!
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GAME STATUS: This game is still on! However read page 4. It may be gone from it's spot!Main Treasure Unclaimed .1BTC Main Treasure proof Photo unclaimed .01BTC Hangman mini-game claimed .01BTC Online photo hunt Claimed .01BTC Simple goole skils question Claimed.01BTC Time hidden: 330 days as of November 27, 2017 BTC found: .04BTC BTC still hidden: .10 (Now worth $967.95! Over 11 times the original value!)Ok. I have placed a .1 BTC paper wallet in Iceland last week and I will be putting clues in this thread about it’s location. Iceland is going through changes in it’s banking laws right now after a major overreaction to the 2008 crash. They are loosening laws regarding foreign currencies and I wanted to present bitcoin as a positive for their country and persuade them to treat BTC likewise. Since they have cheap geo-thermal energy and cold weather, they are in a great position to host mines and like any tourist destination it can be a plus for that sector as well. This was all new to the bank people I talked with, but let’s see how it goes and show them some love. Here is the public address on the paper wallet. You can follow the action when the money moves. In the spirit of bitcoin, there will be few rules and anyone can play. You can even take it never tell a soul. But there is another .01 deposit if you send me a picture. Feel free to share your analysis, spoilers, or go get it yourself. https://blockchain.info/address/1E481Lk1L1hSb9ZsJu3Smcqtg6tKpVmKcqHere are pictures of the cache and a copy of the note inside. I will show a wider view tomorrow of it’s location and give more clues as we go. “Winter is coming” so let the games begin! Congratulations! You have just found real money!
The object in this cache contains the cryptographic keys needed to spend 0.1 bitcoin, currently worth about 6600 ISK. If you are not familiar with bitcoin, then you have made another valuable discovery today! You can spend this money at tens of thousands of locations online and around the world. Or sell your bitcoin to a growing community of millions of users at an online exchange.
Best of all, there are no strings attached. I am giving away my own money because I thought it would be an interesting and fun project to geocache some bitcoin. I would like it if you sent me an email telling of how you found this paper wallet. You don’t have to identify yourself, but it would be cool to follow along on your adventure under whatever name you chose. And if you send a photo of the paper wallet as proof of your find, I will deposit another 0.01 bitcoin into any bitcoin wallet you chose. I also ask that you not divulge my email, as it is one of the things that only you know and that proves your find.
What do I do with this thing? First, remember that the paper wallet has a hidden “private key” that should NEVER BE SHOWN TO ANYONE!!!!! Exposing the QR code and/or the string of characters hidden inside gives a viewer everything needed to move your bitcoin to another wallet.
You can use the “public address,” printed on the front, to check the balance on this wallet by scanning the associated QR code or entering the characters manually at a website like blockchain.info. Once you have set up a wallet of your own, you should import the hidden private key and spend/give/save/sell your money as you wish.
You and I posses the only two copies of the private keys for this wallet. If by 2018 no one has sent me photographic proof and the funds have not been moved, then I will assume that the paper wallet was lost. I will then move the bitcoin to another paper wallet and hide it somewhere else on earth. If I do receive email proof or if the money is moved, which is also proof someone found the wallet, I will delete my copy of the private key and leave you as the sole owner. That means if you loose your paper wallet, nobody can recover your money. Just like loosing paper money.
Learn more at bitcoin.org
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It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.
And it's a terrible idea. You spend more on your parents' electricity bill and replacing burnt out GPUs that your parents buy for christmas and birthdays than you actually theoretically make.
Bitcoins are basically just this weird attempt by lolbertarian children to make their own currency and play stock market and dodge taxes.
So as a fix I should give my coins to poor gay women? Anyone is free to use bitcoin. In fact no one can even stop you from using them. But since bitcoin is just a math program no one is going to come to your house and show you how. I don't see why bitcoin is unfair in any way. You are rewarded for doing, not wanting or being disenfranchised, only doing something. The people who are privileged in society (and poor) who are becoming wealthier with bitcoin are participating. It is hard for a person who is tech illiterate. But then again dollars are hard to use if you can't read and I don't think you could even get a credit card if you are illiterate. Again bitcoin is just money. It is not a tool for tax evasion, not a tool to right the social injustice of the world, not an investment vehicle, It's money.
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Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
I think your right about much of this. Bitcoin never was more than money. It's the best money, but just money. So what can you do with it? Anything you can do with the other money you have and lots more. The real power of bitcoin is not well understood until you know a lot about money in general. Fiat money or private money systems have inherent problems starting with trust. For example if you have dollars in your pocket those are not actually yours, they belong to the federal reserve. The issuer can change the value as they wish, the supply, the distribution. You and any wealth you have stored are just along for the ride. Bitcoin is open source, peer-to-peer and beyond the control of any authority. There is only the market and the 100% predictable math used in it's operation. You can trade with your neighbor or someone on the other side of the planet. No other money in history is like this. Where can you plan and pay for a trip with BTC?
There are many places that take bitcoin for travel. Too many to list so here is a search result. https://duckduckgo.com/?q=travel+bitcoin&t=canonical&ia=web
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NEWS BITCOIN - Silk Road Bitcoin Funds Is Used For The Shadow Brokers AuctionThe Shadow Brokers are attracting a lot of attention with their so-called NSA exploit kit auction. Although the group is demanding a price of 1 million Bitcoin, several of the bis which have been confirmed raise some questions. The US government obtained several thousand Bitcoin when shutting down Silk Road. What is preventing them from using this funds to win the auction? READ MORE >>> http://www.newsbtc.com/2016/08/22/silk-road-bitcoin-funds-used-shadow-brokers-auction/ I would guess the main reason is because it's not their money to use.
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Do you have a business license?
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The most important thing in choosing a wallet is control of the private keys. If you are using a wallet who's private keys are maintained by someone else or if you share control over your keys then YOU DO NOT OWN ANY BITCOIN. Only use wallets that give you complete and exclusive control over your keys. This means that the coins you have at an exchange or a website or web wallet should not be counted as they are under someone else's control and they own "your" coins.
If that seem scary then consider that you also don't own the dollars in your regular wallet . Those belong to the Federal Reserve, you are just being allowed to use them.
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Go to Amazon and start a chat with their customer service chat tool. Unless we blow up their inbox and let them know it's time to take bitcoin they are not going to do anything. If we do stay on them they will have to accept it.
I think they are still studying about bitcoin payment because how they can protect their costumer for any fraud.. the payment processor in bitcoin has no reverse payment just like in paypal.. this is i think one of the problem I would guess that you are right and they are looking into it. But the lack of reversibility is a HUGE plus for Amazon. It means they can ship immediately and, unlike a credit card, be absolutely sure that they have been paid. If the customer wants their money back then just send it to them. That's much easier than dealing with a credit card. Today's response from them is that my request to accept bitcoin payments "has been passed to the payments leadership team". Not much, but if we all start requesting it then it will happen. I started my chat at Amazon with "It's 2016 and no bitcoin payment option? Seriously?"
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We have a speculative economy and that is worth very little. Speculation does not build anything viable and I would look for dropping prices until we reach the valuation that has support from actual economic activity. So what will push the price up? - Spending bitcoin rather than selling it.
Producing something that can (only) be bought with bitcoin. Providing a service that can (only) be bought with bitcoin. Providing infrastructure that encourages POS adoption.
But trading fiat and BTC back and forth does nothing, produces nothing, and is worth nothing.
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Go to Amazon and start a chat with their customer service chat tool. Unless we blow up their inbox and let them know it's time to take bitcoin they are not going to do anything. If we do stay on them they will have to accept it.
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You don't know what to do with money?
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It's time for users to learn about cryptographically signed keys and how to compare hashes.
P.S. Is this related to the NSA tool kit release?
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The idea of having "psychic" powers is common, but... never once in history has anyone been able to do it in a scientific experiment. What does that say? It means the evidence for such things is the same as for trolls, mermaids, Santa Clause, and ghosts. In other words there is absolutely no evidence whatsoever. It's still fun to think about though.
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No. Although one could send back received funds.
Oh wait. send back or cancel? There are some ways of canceling a transaction if it has not been included in a block. This is used for "stuck" transactions. But no way to undo a Tx that has been confirmed.
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I think this is a little concerning. It may also be much more shocking to A capitalist audience. I know this was HongKong, but remember that China is a totalitarian communist regime and the idea of my money vs. our money is confused. Decisions like the one this exchange is taking are not bitcoin problems. Bitcoin does not allow for any entity to take from another. This is another reason to never ever leave money on an exchange. When you do you turn over your authority to someone you don't even know.
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Hmm. I think that a careful analysis would conclude that not a person on Earth can answer your question with more than a guess. Welcome to bitcoin.
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Wow, we should have never stopped teaching economics in school.
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I purchased a backpack this week from a business that has taken BTC for a while now. The business is Tortuga packs. Website: http://www.tortugabackpacks.com/I travel a lot and like to pack very light. I finally found a pack that has this in mind. Tortuga packs are just small enough to be a carry on bag but big enough that you don't need anything else. They convert from suitcase to pack and have a good selection of compartments. Best of all they have an easy intuitive checkout using BitPay as their payment processor. It even tracks your order on a map as it heads your way. If you like the idea of a suitcase/backpack hybrid then check them out! I'll be trying this out in Iceland in a week or two, I'll update this thread if it falls apart or something.
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