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161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2017, 06:45:37 PM

We live in a declining culture. When a culture is in the ascent people are rational and cooperative because all the people who weren't fucking died along the way. Past the peak, which I estimate to have happened in the 80s, people who literally think like children become an ever-increasing majority and the few rational people left are out-grouped. And then a lot of people die and the cycle resets.

So rational people find scapegoats to blame many of the ills of society, and think that somehow banishing the scapegoats is going to bring us to some kind of resolution? Okey dokey, we'll roll with that.  Roll Eyes
Newsflash: even if the scapegoated group actually does cause many of the ills, and they are effectively "neutralized", some other group will come along and fill in the gap. Roll Eyes
Projection is what the left does. This is just description. And no, there is no solution.

Of course there is no solution. Human beings are flawed entities. Our outsized brain requires a lot of energy, so we are predatory and territorial by nature. "Becoming Vegan" is no solution either, since in order to ensure our brains have enough nutrition, one needs a lot of territory.   Grin
Life, in general, just isn't fair. There will always be a life form that uses an advantage and exploits another life form. Even plant life has its parasites. Even the trees, that grow up high and have their canopies spread wide are doing so at the expense of all the plant life below that have to settle for the slivers of sunlight that reaches them.


Kill all of the trees! 

OK, almost done with that, what's next?
https://www.nytimes.com/interactive/2017/10/20/climate/iceland-trees-reforestation.html
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: October 22, 2017, 06:43:47 PM
Anonymous No More? Monero Exploit Reveals User Identities to Hackers

The researcher, Anthony Russell, says that he can actually locate Monero users through transaction broadcasts.

When users open up their Monero wallets, they connect to the peer-to-peer network, which allows users to then connect to individual wallets.

According to Russell, If the users of those wallets aren’t using TOR or I2P, you can easily determine their IPs.

One potential problem with this method is that it doesn’t necessarily differentiate between server nodes and peers. However, Russell says that this can be overcome by doing a simple whois search............

https://bitsonline.com/monero-exploit-threatens-privacy/



LOL! Collecting IPs from netstat output reveals identities. This is so fucking retarded.

You've been targeted with FUD! How do you feel about that?

So who does this one work for?  
https://www.youtube.com/watch?v=nmJKY59NX8o
163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2017, 06:38:45 PM
You are so harshing my mellow!
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: October 21, 2017, 09:13:45 PM
When I tried to send to an integrated monero address from Monerujo mobile android wallet, monerujo doesn't recognize the address as valid.
Does Monerujo not have integrated address use enabled?  Is the use of integrated addresses in Monerujo under development?
165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2017, 07:52:09 PM


Not too keen. Norwegians aren't too popular in Thailand. We mainly treat that country like a sex shop, so it sounds like a tense existence.

I was under the impression that tourists of all nationalities treat Thailand as a sex shop.
Have you ever been to Thailand, or do you merely traffic in stereotypes?
I spent time in Thailand two years ago.  I visited Bangkok and took the train to Chiang Mai, among other things.
And I spent some time last year visiting friends in Stavanger, on the western coast of Norway.
When I read the kind of thing I see in this thread, it makes me wonder who is doing the talking, and why they're saying such things.  I'd bet 0.001 XBT that the guy who says he's Norwegian hasn't been to Thailand, and that you haven't been there either.
166  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 15, 2017, 01:17:03 AM

Moneroj? Is that right?

https://translate.google.com/#en/eo/coins
167  Bitcoin / Electrum / Re: electrum seed and mycelium seed are not compatible -- why? on: October 14, 2017, 12:34:45 PM
Electrum's native seeds are not BIP39. The reasoning behind this is given in this post on the bitcoin development mailing list:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2016-August/013061.html

So you can only restore an electrum wallet in electrum. You can restore a mycelium wallet in electrum as Potato Chips said above. You just have to click on options and check bip39 when you get to the seed entry screen during the wallet creation process.
Yes, bip39 is a child of chaos, created in confusion.
BIP39 wordlist was a great idea, and executed as a horrible kludge.

https://bitcointalk.org/index.php?topic=814907.msg9254301#msg9254301

All this confusion about incompatible wallets calls for a closer look at bip 39.  The process starts with finding 128 bits of entropy ("ENT") and builds from there.  The bip sets out some fairly simple steps for generating a wordlist from ENT.  So far so good.
Then instead of creating the wallet seed from ENT, the simplest and best course, it goes like this

To create a binary seed from the mnemonic, we use the PBKDF2 function with a mnemonic sentence (in UTF-8 NFKD) used as the password and the string "mnemonic" + passphrase (again in UTF-8 NFKD) used as the salt. The iteration count is set to 2048 and HMAC-SHA512 is used as the pseudo-random function. The length of the derived key is 512 bits (= 64 bytes).

These steps are unnecessary, create extra work, and will lead to complications.

Encrypting your wordlist is all for the best, but please don't interpose that encryption between the originating entropy pool and the master seed/private key of the HD wallet.  Basically you are encrypting entropy.  It doesn't work like that.  It ought to work like this:

The entropy is the seed.  
Use it:  entropy --> seed
ENT --> sha256 hash --> master privkey

To which voisine answered: "This was added so wallets could generate the seed even if they don't have or can't hold every word list, like trezor. I agree that it's less than ideal."

To which I answer:  There's nothing to stop any wallet designer, who so wishes, from encoding the binary in a word list per bip39.  As for interoperability among different wallets with different dictionaries... any wallet, even one as limited as trezor, is sure to have enough memory and processing power to decode its own word list.  No wallet has to store a library of word lists.

Bip39 was kludged into the wallet architecture between the entropy and the master key -- where it isn't needed, and can only cause problems.  Will we be stuck with this contraption in every wallet from now on, or will people get some sense into their heads?

Whoever came up that whole mess described in the section of the mediawiki titled "From mnemonic to seed" was wasting everybody's time. The idea that you have to go to such lengths to avoid storing a library of bip39 dictionaries is an illusion.  Let the wallet store its own dictionary merely; when you need the binary, decode the wordlist.  Simple as that!

HD wallet designers have followed the bip despite the bip's bad design.
And it is the worst kind of bad design; it's a strategic error not a coding blunder, so people operating on autopilot don't see it. Then it gets coded into wallets, and you're stuck with it forever.  And we'll have all kinds of headaches making HD wallets compatible.

Abussamad, in the link that you provided, Thomas Voegtlin says "I personally believe that BIP39/BIP44 is a bad design."
I agree wholeheartedly.
The next HD wallet designer should ditch that horrifying abortion where the binary seed is created from the wordlist.  That's totally backwards.  Simply use the entropy or pseudorandom number you started with.
168  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Blocknet - Polo, Kraken, Bitfinex killer on: May 21, 2017, 01:57:31 AM
Wallets for osx and windows only.  They need to build a linux wallet, fo shizzle.
169  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 01, 2017, 01:15:33 PM

You don't recommend any BTC allocation?

Apparently not, because his other recommendations add up to 100%.  See below:

By a process of elimination I recommend to my friends and family an allocation of 20% xmr, 30% precious metals and/or cultural artifacts, 20% agricultural real estate (Chile being the top of my list), 10% long equities, 10% East Asia/Pacific bonds, and 10% strategic shorts (sovereign bonds, financial equities esp.) for long term money. 
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 17, 2017, 02:09:07 PM
That moneypacket thing...
I thought emails go in cleartext... so putting the password in the same email that has the moneypacket attachment would be dangerous.  The sender needs to use a second communications channel to transmit the password.
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 12, 2017, 07:57:03 PM
Fungibilty is Monero's killer app. It will slowly infect everything and explode when reaching critical mass.

Yet: I'd like to offer the below as a view to ponder in the context of all things crypto and its small and wishful community:


https://medium.com/the-exofiles/a-letter-to-the-blockchain-community-8217fd0a4757#.9do1av9av

Truncated excerpts from the blog: "...if you want masses of normal people to adopt your technology...really matter to the average Joe...direct it towards the production of simple apps that solve a real problem and just work".

I'm an average Joe and what would be useful to me at this point in time is an Android Monero wallet app capable of connecting to a personal/private/secure remote node (or any remote node for that matter) so I can transact on the go. This would be a good start for XMR to attain mainstream adoption.

Of course, a standalone node running on an Android device would be preferable but I couldn't even get the existing PoC Android Monero node to work.
I've successfully run the command line wallet on more than one android phone using this:
http://monero.stackexchange.com/questions/2702/is-it-possible-to-run-a-full-monerod-node-on-android
and the phones don't have to be rooted.
You could theoretically sync the blockchain but I couldn't get that to work, so I used a remote node.
About the only thing I would add to the instructions on stackexchange would be:  after you install GNURoot, create a monero directory, go to the directory, and then run those commands.
Keeps things neat, you don't want monero files scattered hither and yon.
Of course, the above is too much for the truly average joe.   Somebody needs to develop an app to do it automatically, and wrap it in a gui or use the existing gui wallet.
172  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 29, 2017, 12:38:06 AM
another word for crush is "bromance" Wink
173  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 14, 2017, 03:14:17 PM
.
D=days since Jan 1, 2009
price=$800/(1+e^(13.147-.0071989*D))

this can't be right , sorry, since denominator is above 1 making the result/product equal or below 800 in perpetuity.
we already know that it is above 800 right now.
Yes, the price is above 800 right now.  And according to you, that makes the model invalid.
Now you're thinking that the price must always hew precisely to the model.  The price is volatile.  The model is what my math professors used to call a "smooth" or well-behaved curve.
It models long term trend.
Also, these parameters (the constants) aren't set in stone.
Let your initial urge to react non-critically subside.  You need detachement, intellectual curiosity, and rigor, or this discussion isn't going to go anywhere.
The equation models an ideal logistic curve.
I submit that this is far superior to a naive model of mere exponential growth for the foreseeable future (see the exponential trend thread https://bitcointalk.org/index.php?topic=470453.0).

Plug in your own numbers, and you can get just about any result you want.  Set the inflection point a hundred years in the future, and you will get a curve that's almost indistinguishable from a pure exponential increase model for the span of your life.   I think you might like that better.

I set the inflection point at Jan 1, 2014, which puts us up against the asymptote.  I didn't use a computer to find the parameters, just pen, paper and the calculator on my cellphone.  And yet I think the R^2 on my curve is going to blow that exponential model in the other thread out of the water.
174  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 14, 2017, 03:04:14 AM
.
D=days since Jan 1, 2009
price=$800/(1+e^(13.147-.0071989*D))
175  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 12, 2017, 09:46:30 PM
1) The two bubbles we've had in the past seven months are plenty bubbly for me.
2) Lightning network is inelegant.
176  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: December 23, 2016, 05:38:12 PM
Will you be accepting guests this winter?
I'm landing in Frankfurt in the second week of January for a three-month stay in Europe, likely visiting Estonia.
177  Bitcoin / Legal / Challenge Lawsky's authority on: July 25, 2014, 05:13:44 PM
The New York Department of Financail Services exists since 2011.  New York State Banking Department and New York State Insurance Department unify in a single agency, and Ben Lawsky becomes the first Superintendent.
see wikipedia  http://en.wikipedia.org/wiki/New_York_State_Department_of_Financial_Services

To the matter at hand.  Proposed regulations on "virtual currency businesses" provide citations for statutory authority.  I haven't looked into the wording of the Financial Services Law, yet I make this post now because some of the contents of the proposed regulations appear questionable as a matter of common sense.

On what basis does a State regulator purport to have such authority that he may require business entities to retain "earnings and profits" only in government bonds, money markets and similar instruments?  I don't see how such a draconian restriction can abide within the spirit of the Financial Services Law, and it may well violate the letter of that law.  It may even violate the U.S. Constitution's restraint of trade clause.

Such egregious overreach brings into question the legitimacy of this entire proposition. The matter may require judicial attention.

If we presume that Benjamin Lawsky acts within the ambit of his Department as delineated under the Financial Services Law in letter and spirit, we abdicate our responsibility.  The NYDFS works for us; not the other way around; we bear responsibility for keeping vigil over this bureaucracy and policing it to prevent abuses.

I encourage readers to research the law.

(b) Each Licensee shall be permitted to invest its retained earnings and profits in only the following high-quality, investment-grade permissible investments with maturities of up to one year and denominated in United States dollars:
 (1) certificates of deposit issued by financial institutions that are regulated by a United States federal or state regulatory agency;
 (2) money market funds;
 (3) state or municipal bonds;
 (4) United States government securities; or
 (5) United States government agency securities.

Statutory Authority: Financial Services Law, sections 102, 202, 301, and 302
178  Bitcoin / Bitcoin Discussion / Re: [2014-07-17] Bitcoin regulation in state of New York is announced. on: July 25, 2014, 05:10:15 PM
The New York Department of Financail Services exists since 2011.  New York State Banking Department and New York State Insurance Department unify in a single agency, and Ben Lawsky becomes the first Superintendent.
see wikipedia  http://en.wikipedia.org/wiki/New_York_State_Department_of_Financial_Services

To the matter at hand.  Proposed regulations on "virtual currency businesses" provide citations for statutory authority.  I haven't looked into the wording of the Financial Services Law, yet I make this post now because some of the contents of the proposed regulations appear questionable as a matter of common sense.

On what basis does a State regulator purport to have such authority that he may require business entities to retain "earnings and profits" only in government bonds, money markets and similar instruments?  I don't see how such a draconian restriction can abide within the spirit of the Financial Services Law, and it may well violate the letter of that law.  It may even violate the U.S. Constitution's restraint of trade clause.

Such egregious overreach brings into question the legitimacy of this entire proposition. The matter may require judicial attention.

If we presume that Benjamin Lawsky acts within the ambit of his Department as delineated under the Financial Services Law in letter and spirit, we abdicate our responsibility.  The NYDFS works for us; not the other way around; we bear responsibility for keeping vigil over this bureaucracy and policing it to prevent abuses.

I encourage readers to research the law.

(b) Each Licensee shall be permitted to invest its retained earnings and profits in only the following high-quality, investment-grade permissible investments with maturities of up to one year and denominated in United States dollars:
 (1) certificates of deposit issued by financial institutions that are regulated by a United States federal or state regulatory agency;
 (2) money market funds;
 (3) state or municipal bonds;
 (4) United States government securities; or
 (5) United States government agency securities.

Statutory Authority: Financial Services Law, sections 102, 202, 301, and 302
179  Bitcoin / Wallet software / Re: Is there a user friendly Bitcoin light wallet besides multi bit ? on: May 24, 2014, 07:49:52 PM
Download the android wallet Mycelium from the Google Play Store or directly at mycelium.com.
Read about it here:
https://bitcointalk.org/index.php?topic=293472.0
180  Bitcoin / Bitcoin Discussion / Re: address formats -- what do they mean? on: March 15, 2014, 12:24:50 PM
Who is "sipa"?
--> One of the core developers. Involved in Bitcoin since ancient times. Cheesy
Trying to be funny?
If you don't mind, let's get the discussion back on track.
Entering a valid sipa address in blockchain.info takes you to a different site (sipa.be) than entering an ordinary vanity address would take you.  There may be more to this than a vanity address with "sipa" in it.
I think clearly there is a sipa format, I found a mention of it near the bottom of this post by cetus
https://bitcointalk.org/index.php?topic=293472.msg5605110#msg5605110
"The SIPA format for private keys includes the compression flag."
Anybody have more info about this?
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