I find it a little hard to believe that they just "deleted the private key" (surely they take and keep monthly backups).

I'd keep an eye on the address to make sure that the funds don't move (if they do then the exchange has lied and stolen your BTC).

Things like getting some very simple scripts written (kind of stuff that would take someone with the skills only an hour or so). I had to offer a few hundred dollars for these kinds of tasks (many of which I just ended up doing myself instead to save funds).

To a fair extent I think it very much depends upon the kinds of tasks.

Very talented programmers (which I have tried to target) are simply not possible unless you offer almost ridiculously high prices (it is just too easy for them to get a high paying stable job).

Low talented programmers you'll find but are really not even worth bothering with (they'll cause you more trouble than you pay them for).

Graphic designers are perhaps your best bet as those people tend to work for nothing (often trying to chase bounties which only one of them will get). For CIYAM Open I didn't want to do bounties (as I think it is actually unfair to have people working for nothing) but I think for that kind of task they actually seem to work better (apparently those kind of people like to gamble on whether they will get paid at all).

Probably the main project other than the platform itself and the Automated Transactions (AT) project was the Moneychanger project (from the Open Transactions people). Unfortunately they did all their payments "off the record" so the Project tasks listed there show no payments (and were never closed).


I guess the main lesson that I've learned is that people are not yet ready to work this way - even when I offered almost insanely generous payments for tasks there were very few (if any) people willing to take on the work (and that was not due to not trusting me about payment).

Not sure if you had ever looked at CIYAM Open but it is a similar (but simpler) concept (http://ciyam.org/open).

Feel free to contact me via PM if you'd like to discuss my experiences with trying to get this kind of thing up and running.

A blockchain version of the CIYAM Message package has been created (and is just getting some polishing touches).

Someone creating an application that uses it doesn't need to do anything more than the following steps (using the Meta application which is the IDE and assuming a genesis block has already been created for which some further work will be done to make that just as easy as the following):

1) Create a Model and give it a name (let's assume "Sample").

2) Install the blockchain User package (this is necessary for applications to have users).

3) Install the blockchain Message package (which supports encrypted messaging).

4) Create an Application and give it a name (to make things simplest use the same name as the Model so "Sample" again) and supply the blockchain identity (just a copy and paste from the genesis block creation).

5) Click "Generate".

Done.

I think this is rather way ahead of anything like Ethereum (despite having no funding).

You do realise that Singapore is a completely separate country to China don't you?

As for an assassination attempt I wonder whether the OP is just trying to entertain (and if not then I'd like to know how he managed to dodge such an attempt - is he actually some sort of Bourne identity?).

I assume it indexes the UTXOs for watch only addresses in exactly the same way (the only difference being that you don't have the private keys) so yes it should work with the "listunspent" RPC command.

You are quite correct - I wouldn't pay much attention to the posts of the other person.

Clearly you just don't know when to give up - you do realise that Electrum is not the only software that does UTXO indexing or do you not?

Maybe you should go and study indexing for a while before making more ridiculous posts.

Hint - check what the OP is asking about and stop going off on stupid tangents trying your best to show off some sort of technical knowledge that you clearly lack.

Without a blockchain a Bitcoin private key is just a random number (and you can create those very easily).

So the value of not being able to "destroy" a random number is exactly what?

Hopefully not - but claiming they don't keep private keys and having an API that asks for your private key doesn't add up to me.

So I think you are admitting that your argument about durability is not a strong one.

For sure I think Bitcoin is a great investment but I wouldn't put it above gold now (let's see how things pan out in the next ten years).

Okay - then I hope the OP will explain his misleading point (hopefully it isn't a scam but it could be).

So let's get back to that (and forget about silly asteroids of gold).

Again - gold has survived since the earth was formed but Bitcoin has only been here since 2009.

If the governments of the world decide that they don't want an "internet' as we have had so far (which is looking very likely) then Bitcoin might be dead in only a few years (but gold will still be here).

My advice to any investors would be to diversify between gold, property and Bitcoin (and in that order - and notice I did not list *fiat* at all).

I'm not familiar with the language (I'm a C++ coder) but if it means that the signing is not done on the client side then that would be a serious issue (hopefully the OP will clarify this).

Did you miss point number 2?

So what is their budget and how exactly are they going to achieve this feat?

Mankind has only been able to even land a spacecraft on an asteroid recently - but to drag one from the asteroid belt back to earth would be an engineering feat that would be bigger than any other ever accomplished (so if their budget isn't in the trillions then they have no chance of success IMO).

By comparison to shut down the internet would simply require a few EMP nukes (a few million budget at most).

I can't easily watch YouTube here (I live in China) so could you just explain the point (and I'm not talking about changing the comms to a mesh network or something like that - my point is that Bitcoin needs a network).


We are seeing an international shutdown of the global internet already (I am in China so I know this very well). Thailand has recently stated they are going to introduce the same sort of internet controls that China does (and even countries like Australia are trying to introduce internet censorship).

Now there might be an asteroid made of gold but I don't see any real plans to bring that back to earth in the next 100 years (we will more likely see humans on Mars first).

You don't need to be an asshole to be a landlord (I've been a tenant and a landlord myself many times).

If you want to have reasonable rental income and few hassles then you take the time to vet potential tenants and when you find a good one you look after them (i.e. repair things and keep them happy and don't raise the rent unreasonably).