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181  Economy / Digital goods / Re: DailyBitcoins vouchers on: December 17, 2013, 08:50:27 PM
Offer still open Smiley.

If you for some reason don't think I'm trustworthy enough, feel free to find an escrow we both agree on. If there's a cost associated, you'll have to bear that cost though.
182  Economy / Trading Discussion / Re: BTCChina "Theft" - 6.5[btc], 24 Conf. & Counting, no credit on: December 16, 2013, 09:26:58 PM
Not only this, but their zero-warning implementation of their 0.3% trade fee will undoubtedly cost plenty of folks with automated trading scripts a lot of money while they sleep. No, no one expected 0% to last forever -- but this method is highly dishonest, and I'm very unimpressed.

I have a feeling that will be the least of their concerns once BTCChina has its fiat balance confiscated.
183  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: December 10, 2013, 10:28:11 PM
The list is still full and I am going to PM theymos again. If it's not possible to add more posts, I'll start a new thread. Apologies for the delay in updating.
184  Bitcoin / Legal / Re: Bitcoin legality across the globe on: December 10, 2013, 12:38:56 AM
Will go around making changes in the coming days. This thread is far easier to update than my other thread because there are more posts, and therefore more space Smiley.
185  Economy / Auctions / Re: Signature space on: December 09, 2013, 02:07:50 AM
The deadline passed without much incident. Locking now.
186  Economy / Auctions / Re: Signature space on: December 08, 2013, 09:07:15 PM
Around 3 hours left before the auction closes without a bid.
187  Economy / Auctions / Re: Signature space on: December 08, 2013, 04:31:16 AM
Reminder: This auction will close without a bid if none is made in the next 20 hours.

How many posts do you make in a month?

I do not recommend buying signature space based on how much spam one posts.

Nevertheless, my signature has historically been very effective. The threads linked from the signature are often among the first few pages of most-viewed threads in their respective subfora, indicating that many people are clicking the links.
188  Other / Off-topic / Re: The average volume of an adult human skeleton is 21,000,000 mm^3? on: December 07, 2013, 07:14:50 PM
The volume will be more like 15 L (15 000 000 mm3). 21 L is a huge amount for a human skeleton.
189  Economy / Speculation / Re: Cheap coins this weekend dip on: December 06, 2013, 09:15:17 PM
"This time is different!"

No, it's not. Gavin once predicted there would be 5 bubbles. This is bubble #3 of 5.

Each bubble will go up slower and pop less dramatically than the last, until at bubble #6 it will be just regular fluctuation, and Bitcoin will be a mainstream currency. This isn't bubble #6 yet. Patience.

Next week will commence the long, slow slide characteristic of any overinflated Bitcoin bubble.
190  Economy / Auctions / Signature space on: December 03, 2013, 03:58:08 AM
I will be selling advertising space in my signature once again this month. The first line is for sale.

You may submit any signature to advertise in the first line, provided it does not conceal the second line of my signature (as viewed on my computer), it complies with forum regulations as well as Canadian law, and it does not contain any deceptive statements. I retain the right to reject signatures based on my interpretation of the above rules.

The auction will end no earlier than December 9, 2013 at 00:00 forum time (UTC), and no later than December 16 at 00:00 forum time. Given these absolute limits, the auction will end 12 hours after the last valid bid. A more conventional way of stating these same rules is that the auction will end on December 9 at 00:00, unless a bid occurs less than 12 hours prior, in which case the end time will be extended to 12 hours after the last bid, but shall not be extended past December 16 at 00:00.

I will expect payment by midnight December 17 UTC, and will ensure my signature has been changed by that time. You must pay in advance for the whole advertising period unless you are a very well-trusted member. The period of advertising will be at least 30 days. I will remove the signature no earlier than January 16 at 00:00 forum time (note that there are 31 days in December). In the event the service you advertise is found to be a scam, I will remove the signature and divide the funds for the remaining advertising period among victims of the scam as I see fit. (Note: If you are merely an innocent third party [a referral link, for example], I will instead give you the option to change your signature for the remaining advertising period.)

Below I link prior signature auctions and their final bids:
AuctionFinal bidEquivalent in USD
#15 mBTC$2.09

Minimum bid is 1 mBTC; minimum interval is also 1 mBTC. In other words, please express bids in whole numbers of mBTC. To streamline the process please send me the code you want in the signature as soon as you have placed your bid (either in public or through PM). Within reasonable limits, you will be able to change this code by PMing me updated code.
191  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Quiz! on: December 03, 2013, 12:46:08 AM
A zero confirmation transaction is much more than a promise. It is:

1. Conclusive proof that you control the funds
2. You having to take conclusive action (with a non-100% success) rate to try to send the Bitcoins elsewhere to stop the transfer from happening

I usually accept 0-conf transactions when I dealt with the other party before. Otherwise 1 is fine.

I would say a zero-conf transaction is less secure than a CoinBase transaction. Why?

  • You can sue Coinbase if they don't pay you. Good luck suing a Finney attacker.
  • There are a lot of people behind Coinbase. They'd have to agree before stealing your funds.
  • CoinBase has a significant reputation. That is worth far more than any average trader's reputation is.

A one-conf transaction is fine IMO, but three confs or six confs are necessary for any large (>1000 mBTC) transactions.

I disagree completely, I will always trust math more than "you can sue them". Suing someone sucks and often costs more than it's worth. No-one sued Trendon Shavers, no-one sued SAM THEOFANOPOULOS and probably no-one will end up suing TradeFortress either (yes they are still preparing).

That's the thing with zero-conf transactions. There's no math protecting them.

If not math, at least the legal system will help you with Coinbase.

There is, they signed the transaction right? They also distributed the tx on the network.

The first proves they have the funds, the second that it would take considerable effort with a sub-100% chance to succeed to NOT transact is to you.

You are vastly overestimating the effort it would take. Even if the sender isn't a miner, there are still attacks available, the simplest of which involves no more than paying a large fee.
192  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Quiz! on: December 03, 2013, 12:37:40 AM
A zero confirmation transaction is much more than a promise. It is:

1. Conclusive proof that you control the funds
2. You having to take conclusive action (with a non-100% success) rate to try to send the Bitcoins elsewhere to stop the transfer from happening

I usually accept 0-conf transactions when I dealt with the other party before. Otherwise 1 is fine.

I would say a zero-conf transaction is less secure than a CoinBase transaction. Why?

  • You can sue Coinbase if they don't pay you. Good luck suing a Finney attacker.
  • There are a lot of people behind Coinbase. They'd have to agree before stealing your funds.
  • CoinBase has a significant reputation. That is worth far more than any average trader's reputation is.

A one-conf transaction is fine IMO, but three confs or six confs are necessary for any large (>1000 mBTC) transactions.

I disagree completely, I will always trust math more than "you can sue them". Suing someone sucks and often costs more than it's worth. No-one sued Trendon Shavers, no-one sued SAM THEOFANOPOULOS and probably no-one will end up suing TradeFortress either (yes they are still preparing).

That's the thing with zero-conf transactions. There's no math protecting them.

If not math, at least the legal system will help you with Coinbase.
193  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Quiz! on: December 03, 2013, 12:29:55 AM
A zero confirmation transaction is much more than a promise. It is:

1. Conclusive proof that you control the funds
2. You having to take conclusive action (with a non-100% success) rate to try to send the Bitcoins elsewhere to stop the transfer from happening

I usually accept 0-conf transactions when I dealt with the other party before. Otherwise 1 is fine.

I would say a zero-conf transaction is less secure than a CoinBase transaction. Why?

  • You can sue Coinbase if they don't pay you. Good luck suing a Finney attacker.
  • There are a lot of people behind Coinbase. They'd have to agree before stealing your funds.
  • CoinBase has a significant reputation. That is worth far more than any average trader's reputation is.

A one-conf transaction is fine IMO, but three confs or six confs are necessary for any large (>1000 mBTC) transactions.
194  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Quiz! on: December 02, 2013, 10:08:03 PM
Some of these answers need correction.

Time to send Bitcoins internationally
"Virtually instantly" one can certainly deliver a promise to send bitcoins, but this zero-confirmation transaction is just that: a promise. The transaction hasn't even been committed into one single block (which can potentially be revoked) yet, so it isn't even in the blockchain at all.

That said, when a promise to send bitcoins is considered sending bitcoins, then the answer is correct. But this is a slippery slope: is sending coins over CoinBase considered sending bitcoins instantly? After all, it's another promise...

Seizure of Silk Road
The actual amount seized from Silk Road is over the options presented, at around 171955.09292687 BTC. This was seized in two instalments.
195  Economy / Auctions / Re: Signature Space on: November 30, 2013, 04:30:41 PM
Lower the min bid. I've seen much more established members offering services for half of that amount.

So they offer their entire sig for 0.005. Roll Eyes Im sure of that

https://bitcointalk.org/index.php?topic=329681.0
196  Economy / Speculation / Re: Top 20 days for Bitcoin on: November 29, 2013, 11:26:33 PM
It's been 12 days and it would be interesting to see a classic top 20 days post at this point.

Thanks in advance!

Aye, sure thing. Note that since there is still 40 minutes until the daily close, this doesn't include the last datum.
 1. 2013-11-28: 0.99856 USD/mBTC
2. 2013-11-27: 0.93709 USD/mBTC
3. 2013-11-26: 0.84932 USD/mBTC
4. 2013-11-23: 0.83285 USD/mBTC
5. 2013-11-25: 0.80780 USD/mBTC
6. 2013-11-24: 0.79507 USD/mBTC
7. 2013-11-22: 0.74365 USD/mBTC
8. 2013-11-21: 0.66617 USD/mBTC
9. 2013-11-19: 0.59783 USD/mBTC
10. 2013-11-18: 0.54970 USD/mBTC
11. 2013-11-20: 0.54203 USD/mBTC
12. 2013-11-17: 0.46258 USD/mBTC
13. 2013-11-16: 0.43334 USD/mBTC
14. 2013-11-15: 0.41763 USD/mBTC
15. 2013-11-14: 0.40977 USD/mBTC
16. 2013-11-13: 0.37891 USD/mBTC
17. 2013-11-12: 0.35049 USD/mBTC
18. 2013-11-09: 0.33871 USD/mBTC
19. 2013-11-11: 0.33461 USD/mBTC
20. 2013-11-08: 0.31794 USD/mBTC
197  Other / Off-topic / Re: Visualizing Bitcoin units (Part 2) on: November 29, 2013, 10:15:06 PM
Looking back on $1100. (November 29, 2013)

10000000 BTC (10 MBTC) Total number of bitcoins in existence.
SanDisk.

1000000 BTC (1 MBTC) Estimated fortune of Satoshi Nakamoto.
Most expensive residential home.

100000 BTC (100 kBTC)
Satellite & satellite launch.

10000 BTC (10 kBTC)
Castle.

1000 BTC (1 kBTC)
Small mansion.

100 BTC
Low-end luxury car.

10 BTC
Rectangular household swimming pool.

1 BTC Original Bitcoin base unit.
Kitchen oven.

100 mBTC
Heavy winter coat.

10 mBTC
Thumb drive.

1 mBTC
Notebook.

100 µBTC
Safety pin.

10 µBTC
Single lead refill.

1 µBTC
Single staple.

100 nBTC (10 satoshis)
Corn kernel.

10 nBTC (1 satoshi) Smallest unit currently supported.
Grain of rice.
198  Other / Off-topic / Re: How to pronounce 'theymos'? on: November 29, 2013, 10:03:44 PM
I rhyme it with whey-fuss.
199  Other / Off-topic / Re: Visualizing Bitcoin units (Part 2) on: November 28, 2013, 11:47:40 PM
Looking back on $1000. (November 28, 2013)

10000000 BTC (10 MBTC) Total number of bitcoins in existence.
Hongkong Electric.

1000000 BTC (1 MBTC) Estimated fortune of Satoshi Nakamoto.
Most expensive residential home.

100000 BTC (100 kBTC)
Satellite launch.

10000 BTC (10 kBTC)
Castle.

1000 BTC (1 kBTC)
Small mansion.

100 BTC
Low-end luxury car.

10 BTC
Rectangular household swimming pool.

1 BTC Original Bitcoin base unit.
Kitchen oven.

100 mBTC
Winter coat.

10 mBTC
Small thumb drive.

1 mBTC
Notebook.

100 µBTC
Safety pin.

10 µBTC
Single lead refill.

1 µBTC
Single staple.

100 nBTC (10 satoshis)
Leaf.

10 nBTC (1 satoshi) Smallest unit currently supported.
Grain of rice.
200  Economy / Digital goods / [WTS] DailyBitcoins vouchers on: November 28, 2013, 01:29:35 AM
I have a significant sum of DailyBitcoins advertising vouchers to sell. A voucher is as effective for advertising as depositing into DailyBitcoins is. Asking price is generally 25% of face value, but bulk discounts or additional administration fee may apply. Whole amounts of mBTC vouchers only please. Check the below table for rates.

Vouchers to buyAsking price
1 mBTC to 20 mBTC30% (due to extra work needed for small amounts)
21 mBTC to 500 mBTC25% (standard tier)
501 mBTC to 1000 mBTC22% (bulk discount)
1000 mBTC+(cannot currently supply)

Generally speaking, rates are not negotiable. PM me to make an offer for buying some.

Unless you are a very trustworthy member, I expect you to send first. If you find that too dangerous, we may use an escrow. However, you will be required to pay any costs of said escrow.
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