im in
Name: MoonOfLife
Posts: 45
Activity: 28
Position: Newbie
Date Registered: February 08, 2015, 01:40:30 AM
Last Active: Today at 05:49:18 PM
Total time logged in: 1 days, 4 hours and 29 minutes.
addy : 1JxXDzcnWk1sMR1JiG2agZeELEa6g95pXd
Posts: 93 Activity: 28 Total time logged in: 2 days, 3 hours and 55 minutes. LOL. I don't think you need to post your total time logged in.  Just your username, no. of posts, BTC address, and rank should be enough. |
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Do you know how difficult it is to construct a building, so that if it falls down through the fault of some partial destruction, that it falls down into its very own footprint? The wind might blow a building over. An airplane might knock a building over. Fire might burn a building down. But to construct a building that will collapse at almost the speed of freefall, into its own footprint when damaged, is really a fantastic thing. Controlled demolition has a difficult job of doing this. Anyone who thinks that the Twin Towers and Building 7 came down the way they did through some action other than controlled demolition, is somebody out there buying all the lottery tickets he can get so that he is assured of winning something. The point isn't about demolition or not. The point is about who did the demolition, under whose orders, and why?  What about the Sampoong Department Store collapse in Korea? It looks like it fell straight into its own footprint. Notice how the shrubs on the footpath are undamaged. Perhaps the fire was burning for long enough that the whole structure came crashing down all at once in some type of a cascading event:  That doesn't compare to any other disaster. http://en.m.wikipedia.org/wiki/Sampoong_Department_Store_collapseHere is just the first paragraph "The Sampoong Group, a South Korean trade company began construction of the Sampoong Department Store in 1987 over a tract of land previously used as a landfill. Originally designed as a residential apartment with four floors, it was changed to a large department store during its construction by Lee Joon, the future chairman of the building. This involved cutting away a number of support columns in order to install escalators.[2] When the original contractors refused to carry out these changes, Lee ignored their warnings and fired them, instead using his own building company to complete construction." But both 9/11 and the Sampoong disaster were caused by failure of the support columns. In Sampoong's case, there were too few columns. In 9/11, they became too weakened. Both buildings ended up collapsing into their own footprint instead of being blown over by the wind or falling down onto their sides. |
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I tried mining on a JavaScript-based web miner once back in 2011 that used your computer's CPU to mine bitcoins in the background. I was able to make about 30,000-60,000 satoshis per day through it although the price of a single bitcoin was much lower back then compared to today. Because of ASICs and the increased popularity of mining, the network hashrate is 30,000 times higher today than it was in 2011 so I'd be surprised if you could make even a single satoshi per day now. Nevertheless, if you're still interested after reading what I just said then you can try it here if you want: http://www.bitcoinplus.com/There is an embeddable version for websites too although I haven't tried it: http://www.bitcoinplus.com/miner/embeddableAnd finally, a WordPress plugin: http://www.bitcoinplus.com/miner/plugins/wordpressEDIT: I see the site has already been mentioned. Well here's a picture to show how pointless the whole thing is:  |
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Do you know how difficult it is to construct a building, so that if it falls down through the fault of some partial destruction, that it falls down into its very own footprint? The wind might blow a building over. An airplane might knock a building over. Fire might burn a building down. But to construct a building that will collapse at almost the speed of freefall, into its own footprint when damaged, is really a fantastic thing. Controlled demolition has a difficult job of doing this. Anyone who thinks that the Twin Towers and Building 7 came down the way they did through some action other than controlled demolition, is somebody out there buying all the lottery tickets he can get so that he is assured of winning something. The point isn't about demolition or not. The point is about who did the demolition, under whose orders, and why? What about the Sampoong Department Store collapse in Korea? It looks like it fell straight into its own footprint. Notice how the shrubs on the footpath are undamaged. Perhaps the fire was burning for long enough that the whole structure came crashing down all at once in some type of a cascading event: |
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Since when was it possible for members to move their threads?
That should answer your question. The archive is there to store things. It's quite often threads that had deletion/closure requests.
I've never used it so I can't say for certain if it works or not but there is a "move topic" link on the bottom left hand side of every thread. It's next to the "lock topic" link. |
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Not sure why so many people think OP actually bought 10,000 BTC. He clearly said in his original post that the option cost him $7.50 per BTC. 7.5*10,000 = $75,000. I don't think it's a stupid move. Looking at the Bitcoin price charts, the trend has been going downwards ever since late 2013. Is it really that unrealistic to think that it won't continue declining for another couple of months? I wonder what would happen if the coin price moves in the other direction. I'm sure you have all the plans put in place in case the result did not turn out as what you expected? By the way, just wondering where did you manage to secure that amount of funding? Kind of curious since that is not small amount by any means.
You're probably thinking of shorting, which is a different thing. An option is essentially a bet that Bitcoin will/won't be above/below a certain price on/by a certain date. I don't get how this works. How can he acquire 10000 for 75$? Where is the business for the one offering the BTC for such price? I guess im missing the point here. He didn't acquire 10,000 BTC. Here's a short explanation of put options: If you are betting against bitcoins, what you want to do is buy a put option, which is a derivative contract that allows you to sell something at a set price. If the actual price of the thing falls below the set price, or strike price, you make money. It cost $75,000 for OP to buy a put contract to sell 10,000 BTC at a strike price of $215 per bitcoin. The contract expires in three months and will expire worthless if the price of a bitcoin is above $215 at that point. But the value of the contract will go up before then as long as the value of a bitcoin drops. If the price of BTC is $207.50 then OP could sell 10,000 BTC for $215 making 7.50*10,000 = $75,000. Since the contract cost $75,000, he would be neutral overall. If the price of BTC is $200 then OP could sell 10,000 BTC for $215 making 15*10,000 = $150,000. Since the contract cost $75,000, he would have made a $75,000 profit, and so on. The lower the price of Bitcoin is, the more OP benefits. |
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just for future reference, its not wise to post the actual account public since people frown upon account sales in general and neg rep you.
This was sometimes done in the past but it's not usually done anymore. At most, an account might receive neutral trust which states that the account is a bought/sold account. |
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Not sure if it's still true today but a while ago, the number of bot accounts actually outnumbered the genuine accounts: http://bitcointalk.org/index.php?topic=934827And having so many useless accounts on a forum can in fact make the database large. Not sure about SMF but back when I managed a phpBB board, it was definitely the case. Most of that discussion centers around spambot accounts but farmed accounts for selling are almost certainly a part of this mix. hilariousandco said that he nuked about 20-30 accounts in one day during the last wave of bots so it's probably fair to assume that 50 or more bot accounts were being made daily. An account farmer might have 10 or 20 accounts under his control. Bot accounts are also pretty distinguishable from farmed accounts since they tend to add spammy links to their profile or use formulaic or nonsensical usernames (e.g. I once encountered a bot that would always name its accounts by getting a common first name and appending the name of a US state to the end so for example: JohnTexas, MikeAlabama, AliceCalifornia) And if the account makes even just one post, then it quickly becomes obvious whether it's a bot or a human. |
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How does the archival board work? The description says "Old stuff" but I see threads and posts that were made quite recently and most of the threads there aren't locked and can be replied to. Are we supposed to move our topics to the archival board ourselves once we no longer need them or is this done by moderators/administrators?
In what situations should we lock our own thread vs. sending it to archival?
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Read it somewhere , "when you create too many accounts from a single IP , the IP is considered as a TOR Node or a public proxy and it is banned and thus you can not make anymore accounts though you can still use the one's already made and they won't be banned" So it's better you use some proxy to make the accounts , account trading is really so much atm , i see Digital Goods Section full oF BCT account , it should stop though sadly i don't think it's possible  Am not so sure about it but i remember reading it somewhere on the forum. So that means if someone decides to make many accounts than they can make them from a Single IP ? I would say this should not happen as this would be in favor of Bots which create several accounts. The TOR nodes are already banned as i know .
Hope anyone more knowledgeable on this can confirm it.
I once made 20 accounts using a single IP and never once had any trouble. If there is a limit at all, then I doubt any normal user would reach it. Read it somewhere , "when you create too many accounts from a single IP , the IP is considered as a TOR Node or a public proxy and it is banned and thus you can not make anymore accounts though you can still use the one's already made and they won't be banned"So it's better you use some proxy to make the accounts , account trading is really so much atm , i see Digital Goods Section full oF BCT account , it should stop though sadly i don't think it's possible I doubt this is true. If you have your accounts banned for spam and create to new accounts that in turn get banned for spam your IP and network gets "evil points". This will allow you to create further accounts, but you have to pay a few btc in order to use them. What you wrote sounds like the board would be banning Tor nodes. Am not so sure about it but i remember reading it somewhere on the forum. So that means if someone decides to make many accounts than they can make them from a Single IP ? I would say this should not happen as this would be in favor of Bots which create several accounts. The TOR nodes are already banned as i know . Hope anyone more knowledgeable on this can confirm it. I read about the TOP and proxy ban... But it is not really a ban. If you use public proxy / tor node for registration on the forum then you are not allowed to write. You can pay a fee to access full functionality. Read here something about this: https://bitcointalk.org/index.php?topic=938104And about Bots which create several accounts (from a single IP)... Am not sure about, maybe this happened every day... Sometimes i look use the member search look for new registered accounts. Many accounts are never used. Here watch yourself: https://bitcointalk.org/index.php?action=mlist;sort=registered;desc;start=0By the way the first account was registered on 2009-11-18 ( admin; https://bitcointalk.org/index.php?action=profile;u=1 ) Today are over a half million accounts registered! But how many user has bitcointalk.org in real? Sometimes i refresh regularly the user list and see every few minutes a new account. Some of them are never used. And some are only with few minutes online time, without a single post. I really wonder why are people creating accounts without using it. Or what was the reason for the registration. And why they never log in a second time. Then i ask myself, could it be possible that a bot makes the forum big due to a mass of fake accounts? Not sure if it's still true today but a while ago, the number of bot accounts actually outnumbered the genuine accounts: http://bitcointalk.org/index.php?topic=934827And having so many useless accounts on a forum can in fact make the database large. Not sure about SMF but back when I managed a phpBB board, it was definitely the case. I want to ask if i can do more accounts(bitcointalk account) in one IP address?
I believe it is possible. Just try it. Maybe you need different email addresses for registration... But why do you want more as one account? Do you want scam someone? you can have multiple account with same ip address however you need different email for registrations . or you can put anything on email option or leave it with some random words no matter . but putting email will help you in recovering your account. your posts need to be constructive . lol, my post is constructive! highly constructive. it support further discussions  your notice about my writing is off-topic  I think he was speaking in general terms. That posts made in the forum need to be constructive. |
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Not sure why so many people think OP actually bought 10,000 BTC. He clearly said in his original post that the option cost him $7.50 per BTC. 7.5*10,000 = $75,000. I don't think it's a stupid move. Looking at the Bitcoin price charts, the trend has been going downwards ever since late 2013. Is it really that unrealistic to think that it won't continue declining for another couple of months? I wonder what would happen if the coin price moves in the other direction. I'm sure you have all the plans put in place in case the result did not turn out as what you expected? By the way, just wondering where did you manage to secure that amount of funding? Kind of curious since that is not small amount by any means.
You're probably thinking of shorting, which is a different thing. An option is essentially a bet that Bitcoin will/won't be above/below a certain price on/by a certain date. |
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You'd be hard pressed to find anyone with a "home setup" pumping out over 300TH/s.
This. To put it into perspective, a single current gen miner such as the Antminer S5 can pump out slightly over 1 TH/s. In order to get 300 TH/s, you would need a mining farm with almost 300 of these miners. |
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Damn, so now you'll have to carry pills with you to unlock various devices.
A typical conversation in a bank:
- identification and password please
- do you have anything to drink? These damn pills just don't agree with me.
Immersing the pill in vinegar, lemon juice, or any other acidic solution could also probably accomplish the same thing as swallowing them, since it's the gastric acid which activates them. |
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It's a great Feeling to hold an bitcoins it was a wise decision to invest in a bitcoin and this is just an beginning
Still the best days to come at present i am investing everything in bitcoins because the scenario would be different in next 5 years and i ll be a rich guy for sure.
For sure you should hold the bitcoin you have or trade as it would not be profitable to sell now unless you are an early adopter, miner, or profit from something. Most don't fall under these category's though they are guys that have brought in over $400. You should be careful investing everything in bitcoins as you won't be the first who have done that and their everything at $500-1000 is not looking great is it!? Same as yours might not when it halfs in value again. Invest what you can afford to lose and you won't go wrong. It's not profitable for most miners either. If you want to read a horror story on the dangers of attempting to trade significant amounts of BTC with zero experience, I would recommend reading this: http://www.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc |
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We all know that Chinese aren't that far behind in terms of technology. In fact, theirs are advancing at a fast rate. Even though they hold the sufficient technology to crack or generate the same private keys to Satoshi's addresses, it still is a resource-consuming and time-consuming effort to recover those coins. SHA-256 is secure enough to be cracked by our technology for the next couple of centuries, and I doubt that even with the world's most advanced computers today, the algorithm would be cracked within a short span of time.
"Far behind"? !!! LOL! They are way ahead of everyone. The truth is, you should consider yourselves lucky to say that YOU are not far behind the Chinese in technology. Check out the recipients of the Fields Medal (equivalent to the Nobel Prize in Mathematics) and you'll see that most of the ground breaking work in mathematics (which cryptography is a part of) is done by US and UK based researchers. There is also the Turing Award (equivalent to the Nobel Prize in Computing) for outstanding contributions in computer science and that one is mostly awarded to US-based researchers. Same goes for the IEEE John von Neumann Medal, Rolf Schock Prize, and the Nevanlinna Prize. All of these prizes are dominated by US-based mathematicians and computer scientists. |
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That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too. still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april The April peak only went as high as $265. That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too. still looks a bit depressing, when you compare it to 2013, not only there was the ath in that year but there were also numerous other high prices, like 230 and 300 peak around april 2013 was very exciting. Seems a bit boring nowadays. Unfortunately I didn't hold many bitcoins back then. I am sure we'll see it again but there needs to be something quite significant happen for this u turn. Unfortunately, there is speculation that most of this exciting stuff (price-wise) was the result of bots operated by Mt. Gox playing with fake money. The price is pretty boring these days and has been since the start of 2014 but when it comes to other types of news (mainstream adoption, governments, and Wall Street) I'd say it's actually more exciting than 2013. For a long time, people have been saying that Bitcoin will spike once again when the new ETF is launched. Not sure what happened to that prediction... That is actually interesting. 4 years on, the price is $200 with a high of around $1k
yup. great gains compared to the start of the thread. even still, not everyone who was around in the early days got rich. some of us didn't have anything to invest back then. the most i had at one time was about 20 coins, and that was before we broke 100. spent most of it back then too. Yeah, definitely. If you look at some of the addresses of the people who were first posting in this thread, most spend their coins back in 2012. It isn't easy to hold on to your principle and keep holding on to your coins, as it may sound. Scams and Ponzi schemes are pretty tempting at times! Not necessarily. They could have simply moved their coins. Either to an exchange or a gambling site or cold storage, etc. Or they could have had multiple addresses and bought something with all of the coins in one address and refilled their balance later into another address. Not everyone keeps their coins in the same address forever. I've probably gone through over 10 addresses since I first became interested in Bitcoin last year. I am pretty confident that most people in this thread, including OP, have panic sold already and have given their wealth to other people for the future. It's the beauty of wealth redistribution.
Yeah, I'd be surprised if he/she was still holding all of their coins they had back at that time. Unfortunately OP's account isn't active anymore, so there's no way of seeing whether he/she is still active and what their decisions actually were, whether to hold on to their coins, cash them out, or lose them in Gox. For an extreme example, check out laszlo. He bought a pizza for 10,000 BTC, probably sold most of his coins, and now has 0 BTC: I spent it all on pizza long ago: https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH43-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this. Laszlo Link: http://bitcointalk.org/index.php?action=profile;u=143;sa=showPosts |
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-snip-
I'm guessing by "nuke", he's referring to what I described - i.e. deletion of all posts as well as the account.
Yes, mods have a nuke button. I would not want to delete posts that are related to scams though, so a bot is not an option. A bot could selectively leave out posts in the scam accusations subforum. You do have a point that discussions outside of that forum which still pertain to scams would be deleted by a bot, since there would be no way of differentiating between those posts with others. Everyone's posts are still saved as backups by the administrators Hmm... You're right. Didn't realize that: Yep, theymos can. He can see deleted posts and edits as well.
Yes, but only admins, not moderators. They can see all edits and deletions and all history.
If both sender and recipient of a PM deletes it, then it's deleted from the database completely and I can't access it except through the daily database backups. (This is a massive pain, so don't expect me to do it for you...)
Deleted/edited posts are always saved forever.
Surprised to see they even retain all edits. Seems like that would make the database excessively large. |
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What a shitty job that would be. ^Ha Ha ha^
People who get these transplants also go on medicine for the rest of their lives, to prevent their body from rejecting it. They also get kidney damage over a long period, but this is still under debate.
It could have been worst, if the pill was to be inserted from the other end. ^Ha ha ha^
A transdermal or subdermal implant shouldn't require anti-rejection drugs. That's only for organ transplants. Most implants are designed to be biologically inert and are made of biocompatible materials. |
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Using brute force guessing, you are currently 7,142,168,459,456,328,726,581,608,448 times more likely to solve a block than to guess a private key. Guessing private keys is stupid. It is much more profitable to mine blocks than to mine private keys. Chance of guessing the private key of an address: 1 / 2 160Chance of guessing the nonce that solves a block: 0x1713DD x 2 168 / 2 256Correct me if I'm wrong here but didn't Satoshi had around 1 Mil BTC on one of his single addresses?
No, he used a different address every time. But even if an address has 1,000,000 BTC, it still would be better to mine than to try to guess its private key. So according to the maths, it only makes more sense to attempt to brute force a private key if the address contains 25*7,142,168,459,456,328,726,581,608,448 BTC (excluding miner fees). And even then, your miner would break and the earth would get swallowed up by the sun before you found a private key corresponding to one of Satoshi's addresses (which only contain 50 BTC since he never consolidated his coins into one single large address like most others). While I agree this is a long shot it does seem to show a potential issue for bitcoin in the future. Sites like directory.io have already posted every bitcoin address and its corresponding private key. If a computer can just search that huge number of addresses you could get satoshi's or anyone else's for that matter coins.
I do like the point about how it would be better to just mine bitcoins with the corresponding computer power.
You could, but it's so highly improbable that it's not really worth thinking about. So far, private keys that have been brute forced almost always corresponded to weak brainwallets. And directory.io hasn't really posted a "list" of addresses and private keys. Instead, it just generates them on the fly. EDIT: I see odolvlobo has already mentioned this. It caused quite a big scare when it was first made public though! Someone posted the link with the title "Bitcoin has been hacked" which caused some people to panic at the time. From reading the responses in this thread, it looks like people have smartened up since then: http://www.reddit.com/r/Bitcoin/comments/1ruk0z/dont_panic_directoryio_thing_is_fake/ |
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Damn. What's with all these cop incidents recently? I don't remember seeing so many of them in the past. What would have happened if he couldn't stand up (for whatever reason)? If I remember correctly, a police dog is also counted as an officer. Looks like both officers should lose their jobs.
Surprising that this sort of behavior would continue to take place despite one of the officers wearing a body cam too.
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