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1641  Bitcoin / Bitcoin Discussion / Re: Is StrongCoin's 'hybrid wallet' a lie? (Or rather, are ALL hybrid wallet a lie?) on: April 24, 2013, 05:38:03 AM
Well at least with the verifier the code must be the one on github. (Not fool proof, but that's nice)

What about the browser extension?

And while I was more interested in the technical aspect....
It would have been wrong of us to demand that the operator of a service turn down a well substantiated request in a case like this, it would make them a villain to the kind and honest people their decision harmed. We shouldn't create a world where people have to make choices like that.

There's a difference between action and inaction in this case.
What I mean is the wallet provider can simply say "I will not mess with my users wallet", which would be inaction.
If the provider chose to act upon the request, he then has to choose between protecting the thief, or giving back the BTCs to the legitimate owner.

Even if inaction and protecting the thief would have had the same result in this case, the moral and professional implications aren't the same.
The 'action' taken was the good one, but I wouldn't be so fast as saying that action had to be taken.
1642  Bitcoin / Bitcoin Discussion / Re: Is StrongCoin's 'hybrid wallet' a lie? (Or rather, are ALL hybrid wallet a lie?) on: April 24, 2013, 05:06:20 AM
Hmm, so StrongCoin doesn't have the equivalent of Blockchain.info's javascript verifier?
1643  Bitcoin / Bitcoin Discussion / Re: [PODCAST] Let's Talk Bitcoin! Episode 1 for April 23rd, 2013 - on: April 24, 2013, 03:49:29 AM
Really enjoyed it!

I'm happy to see (hear) that the long intros were chopped off and that the editing is much less intrusive.

I'm also very pleased with the length, which was exactly the time of my evening walk.  Tongue

Looking forward the next one!
1644  Bitcoin / Bitcoin Discussion / Is StrongCoin's 'hybrid wallet' a lie? (Or rather, are ALL hybrid wallet a lie?) on: April 24, 2013, 03:46:30 AM
If find this really disturbing:

Public Disclosure.

On Saturday afternoon I was notified that Strongcoin was holding 568 BTC believed to be from the Ozcoin theft. Everytime you make a payment from StrongCoin the fee goes to 1STRonGxnFTeJiA7pgyneKknR29AwBM77 so any payments from strongcoin held accounts are easily traced back to the site.


I was asked by 2 separate people on this forum if I could hold the funds (Sorry to the people I didn't reply to). The evidence that these funds came from the heist seemed plausible to me.

At 8am yesterday morning the funds were intercepted when the user made a payment.

https://blockchain.info/address/1DsFCAZaxhJ9YGw5X8NCW9VkSMDZMyXzMF

I've spoken to the user in question over email. The user says he sold a car for BTC but can't reveal who to due to an NDA agreement.

Graeme and I had a conversation over the phone and some evidence came to light, that to me, made it very likely the user I have contact with was connected to the heist. I'm not going to reveal any details of the user accept to legal authorities if asked. I believe we should abide by due process.

I have sent a link to this post to the user so he/she can comment. Otherwise in the next few hours I will return the funds to Graeme, he can then decide what happens to those funds.

My understanding of a hybrid wallet is that this cannot happen.
So... how did this happen?
1645  Bitcoin / Bitcoin Discussion / Re: [PODCAST] Let's Talk Bitcoin! Episode 1 for April 23rd, 2013 - on: April 24, 2013, 01:13:27 AM
Yay! Just in time for my daily walk!
1646  Economy / Speculation / Re: Goomboo's Journal on: April 24, 2013, 01:11:51 AM
But you never know in advance if the price is just going sideways; plenty of orders are never touching the bids/asks list and are executed immediately.

I do not dispute the long term yield, I was simply pointing out that the last few days were terrible.
In fact there hasn't been so much concentrated false signals for all the clarkmoody historical data available now (about 2 months).
1647  Economy / Speculation / Re: Search Trends and the market on: April 24, 2013, 12:33:18 AM
That's me dealing with it.

*Dealing pose*
1648  Economy / Speculation / Re: Goomboo's Journal on: April 24, 2013, 12:29:48 AM
It would seem that even in such a small market as BTC, mechanically profiting from the trend is viable.

Or not... the last few days were terrible. So many false signals.  Embarrassed
1649  Economy / Speculation / Re: Search Trends and the market on: April 24, 2013, 12:19:54 AM
Being a gold/silver bug myself, I hate seeing "Litecoin is the silver to Bitcoin gold".

No it's not! It isn't related as those 2 metals are!
It's just a stupid marketing move.  Angry
1650  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 23, 2013, 10:20:17 PM
What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?

What if it all ends, not at $266, but at $1000?  Grin

I was here for the 2011 bubble, I would enjoy this scenario greatly!  Grin

Thousands of bitcoiners are going to retire soon!

No! When it reaches 1000$, I'll buy a Bitcoin ATM and spread the joy  Grin
1651  Bitcoin / Bitcoin Discussion / Re: My (and many others') rant about Bitcoin-QT on: April 23, 2013, 05:32:30 PM
Bitcoin-qt requires you to download the blockchain.

Just by this measure, I would consider bitcoin-qt to be for advanced users.
1652  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 23, 2013, 05:24:41 PM
Consolidation time? Or another rally soon? I think people are still cautious so I vote for consolidation and building support for a little while before starting another rally.

Nan, panic buy time  Grin
1653  Bitcoin / Bitcoin Discussion / Re: get credited BTC on online wallets...for free! on: April 23, 2013, 05:01:58 PM
I flag 2-3 of those per day on Youtube.

Dangerous times for Bitcoin newbies...
1654  Economy / Speculation / Re: Arepo's Detailed Price Analysis and Projections on: April 23, 2013, 03:09:55 AM
Thanks, I appreciate your coded update  Grin
1655  Bitcoin / Bitcoin Discussion / Re: I'm back! on: April 23, 2013, 03:02:00 AM
Fascinating! It seems like no one can ever really stay away from this place. I guess the next thread will be started by Pirate or Clipse.

Satoshi?  Wink
1656  Economy / Speculation / Re: Time for panic buy! on: April 23, 2013, 12:26:55 AM
1 min lag on MtGox while price is rising.

This might be interesting.

Or not...  Nothing happened Angry
1657  Economy / Speculation / Time for panic buy! on: April 23, 2013, 12:23:31 AM
1 min lag on MtGox while price is rising.

This might be interesting.
1658  Bitcoin / Bitcoin Discussion / Re: Porn industry is beginning to adopt on: April 23, 2013, 12:19:56 AM
That would be terrible! Don't let those kids see how humans reproduce!

Instead, let's just show them how to kill each others in violent movies!

 Grin
1659  Economy / Speculation / Re: Arepo's Detailed Price Analysis and Projections on: April 22, 2013, 10:37:58 PM
Nice sale technique  Wink

Now I'll sit on my hands waiting for the report.
1660  Economy / Speculation / Re: Arepo's Detailed Price Analysis and Projections on: April 22, 2013, 10:16:59 PM
Me! Me!

As in "I'm interested, give the next bounty."
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