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1921  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 01, 2016, 02:00:28 AM

obligatory:

1922  Bitcoin / Hardware / Re: KNC wins Class Action against Miners. Court rules all a Business. Thus Lost. on: June 01, 2016, 12:00:41 AM
Despicable.

ASIC manufacturers are shining examples of the old adage "Absolute power corrupts absolutely".

Utter human garbage we're dealing with at high levels in Bitcoin ASIC space.

The despicable thing here is Bitcoiners who gamble on ASICs, hoping (or 100% Certain) they will profit in terms of Stateless Internet Money, but then run mewling like starving kittens back under the skirt of the Nanny State when they lose their wagers.

It's pure hypocrisy to praise ASIC manufacturers when they have favorable business conditions, then stab in the back and call them "human garbage" when the price/difficulty/competition stop cooperating.

Your standard of "fair weather friendship" is disgusting.  Most, if not all, ASIC manufactures sell to the public not because dealing with degenerate/litigious gamblers is fun, but because they want to help decentralize hashing power.

Every time you armchair anarchists run sobbing to your lawyers' offices because the mean old ASIC company tricked you, it's another reason for the next company to eschew retail for exclusively industrial/self mining.

Interesting iCEBREAKER that you come here to troll given you are also facing fraud charges for hashfast.

Also interesting that KNC is also behind a certain alt coin that you support.

Hi to all the forensic accountants following iCEBRREAKERS trail.......... Grin

What alt coin is KNC behind?  Did the Evan's Gate cult leader brainwash you with that conspiracy theory?   Cheesy

Where am I "facing fraud charges?"  Oh that's right, nowhere.   Cheesy

We understand you are just making stuff up, because you are so butthurt about Dash's Instamine being exposed.   Kiss
1923  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: May 31, 2016, 11:12:06 PM
I'm more or less completely beside myself at Zander's claims that Classic implements BIP9: https://www.reddit.com/r/btc/comments/4lvdsj/repost_from_rbitcoinclassic_warning_flag_while/d3qztv7?context=1

He might as well also say that Core implements 109 for all the relationship to reality that his remarks have.

What a bizarre turn of events.   Huh

Klassik seems to be in its death throes, twisting and flailing as it suffers hypoxic seizure.

The decent thing for Zander to do is have mercy, and pull the plug on Klassik's life support machine.

The sooner Zander and Ver admit they've reached their level of incompetence, the better.

I appreciate their earlier contribution of adversity to Bitcon's antifragility, but this enduring display of perfunctory pro forma contention has exceeded its natural lifespan and is starting to smell bad.
1924  Alternate cryptocurrencies / Altcoin Discussion / Re: [VNL] Vanillacoin, a quiet word of warning. on: May 28, 2016, 11:28:31 PM
gmaxwell apparently reported it to the vanillacoin/vcash developers themselves via a github issue, assuming good faith which would have meant the lack of the required Bitcoin attributions was an honest error. Instead of correcting the error (which it clearly wasn't), the vanillacoin/vcash developers hid the issue.

As far as I know,no Bitcoin developer has, so far, reported the issue to github itself nor made a takedown request with github on the basis of the license violation and copyright infringement, but they would be within their rights to do so, and will be for the next 50+ years (unless the repo is deleted first).

That's so scumbag of them!  It's OK, I know what to do...




What are the legal issues with exchanges like Poloniex running license violating software?

Is it any different than Poloniex using a cracked copy of Widows Server, or streaming a stolen copy of the new XMEN movie to their paying customers?

IIRC, it's worse a worse form of copyright infringement (civil vs criminal?) if you are making money with the pirated material.

Quick, everybody with a Polo account, go warn the admin/trollbox they are risking the FBI confiscating their servers (including wallets) if they don't stop copying Satoshi's floppy!

Polo and Bittrex need to stop exchanging coins using stolen software ASAP.  By doing so, they may be subject to civil and/or criminal penalties.
1925  Economy / Scam Accusations / Re: EmilioMann, John Connor, & VanillaCoin/VCash are lying about Monero exploits on: May 28, 2016, 11:27:53 PM
so gmaxwell reported it in january 2014 and no action has been taken?Huh  looks like there is more to John Connor and his connection to open SSL and Bitcoin than meets the eye

This attempted deflection is invalid as I have explained before. John-connor is not the copyright holder of the relevant openssl code that was clearly copied, nor is he the copyright holder of all of the relevant Bitcoin code that was clearly copied. As such he is still required to comply with the attribution requirements of the license, both as a matter of copyright, and as a matter of not misleading investors about the origin of the code he falsely claimed to have written from scratch. Also, that copyright holders have not, so far, taken other action does not mean that they won't decide take other action some time in the next 50+ years.

Assuming the copyright doesn't expire if not enforced, nobody cares enough about Vtrash to bother with the issue because it's such an obscure/generic/unremarkable typical shitcoin.

If by some crazy miracle Vtrash gains in prominence, it's only a matter of time before the core devs start taking greater, possibly actionable, offense to their brilliance and hard/meticulous work being plagiarized by Scumbag John Connor.


1926  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center [Assets for sale!!] [UNMOD] on: May 28, 2016, 10:44:09 PM
As far as whether the thread should exist at all now that the company is in liquidation, there is probably some precedent for that? What happened to threads about other miner manufacturers after they failed?

RoadStress can answer that question.

But if he doesn't want to, I understand.   Cheesy
1927  Bitcoin / Hardware / Re: KnCMiner declares bankruptcy due to increased competition, upcoming halving on: May 28, 2016, 10:40:09 PM
I ignored a blanket condemnation of Sweden, made by a Swede, in another thread, because it's not something I know about. If someone wanted to trash the American business mentality, I might speak up - unless I thought his assertion was valid.

I defended a comment about "human garbage" in another thread because, as a person who doesn't like to be stolen from, and as a businessman who works to provide for my customers whether I win or lose (and I have taken my share of losses to keep promises I made, losses caused by others failing to keep business promises to me), I don't think it's entirely fair to blame the victim of theft for allowing himself to be robbed and give a pat on the back to the robber as "just doing his job".

KNC definitely was winning for a while. Their silicon design guys have always done a good job of keeping ahead of the curve on efficiency. But you can't convince me that building a case from 18AWG steel instead of 24AWG steel would have lost them the race, or that putting a second PCIe jack on the board (which, really, should have been there from the start) would have lost them the race. I don't expect carrier-grade, but I do expect machines that survive shipping intact and are designed to not catch fire. There's a reason my weakest PSU board still used 9oz copper where some other guys' strongest boards use 3oz.

As someone who has been building power supply equipment for 2.5 years, hosting miners for 1.5 years, designing and building miners for 1 year, and working my ass off to fulfill business promises for five years, I like to think I know a thing or two about building things right and how to not screw customers.

I also don't think you know me well enough to judge what I would and would not be complaining about. And yes, I know a thing or two about "best efforts" and "thankless/endless tasks" especially in the bitcoin economy. And I do not backpedal.

You don't have to be Swedish or know anything about Sweden to find nationalist bigotry risible and objectionable.  As if there were actually an Swedish or American "business mentality" generalizable over millions of citizens (or even a couple of notoriously freethinking Bitcoiners!  Grin).

Regardless of the backpedaling over those secondary matters and process/meta concerns, I believe what you're saying about potential improvements to the chassis.

But it's not reasonable to expect KNC to have made perfect the enemy of good enough, nor is it fair to assume they would have necessarily made all the best/correct calls on the trade-offs involved in the rushed design process.

I'm sure you were willing to wait with heroic patience while KNC got everything right.  However, the rest of us (individual and group/institutional buyers) were counting down the seconds until the damn things shipped!  Thus we demonstrate the internal logic of the task's thankless nature, and why eventually someone always winds up getting called "human garbage."   Grin

Some of us even invested in mining companies, and so had in terms of calculated risk 3rd order exposure (and in terms of gambling, a risky bet on a risky bet on a risky bet).   Grin
1928  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center [Assets for sale!!] [UNMOD] on: May 28, 2016, 09:39:51 PM
He can still persue damages from the personal assets of any or all of the company's former directors.

1929  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: May 28, 2016, 08:54:18 PM
So much "congestion"  Cry Cry Cry

https://bitcoinfees.21.co/

Which fee should I use?

The fastest and cheapest transaction fee is currently 60 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 13,560 satoshis (0.05$).


ZOMG 5 CENTS

SATOSHI'S PRECIOUS BABY IS CRIPPLED.  AND STRANGLED.

WHO WOULD EVER PAY 5 CENTS FOR FINANCIAL SOVEREIGNTY WHEN THAT MUCH MONEY MIGHT BUY A CHICLE IN RURAL CUBA?
1930  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2016, 07:48:45 PM
Guys, what happened the last couple of days with bitcoin that prompted such a sharp rise in price? The rise was only shared by litecoin. Was there anything implemented recently by these two coins that increased their value?

The USD index crashed.  Something about Helicopter Janet and NIRP....

Gold and silver spiked, with blue chip miners like Hecla, New Gold, Agnico, Detour, and Pretium reaching 52 week highs.

BTC has been stable for a very long time, forming a massive foundation on which to build up.

The second block subsidy halving is ~37 days away.

Classic is #REKT, and Bitcoin is an unmatchable powerhouse of development with plans for true scaling well underway.

Litecoin is next in line to benefit from any new tech they want from it.

There is a huge wave of ICO/IPOs that require BTC for participation.

The same thing happened when Bitcoin securities were all the rage.

Monero is extremely oversold.

We just put in a double bottom at 170k.

Time to start slowly building a leveraged long position, with an average cost well under 180k.

When the MAID/DAO/etc bubbles burst, there will be plenty of money sloshing around on Polo, looking for a new home with a firmer technology base.
1931  Alternate cryptocurrencies / Altcoin Discussion / Re: [VNL] Vanillacoin, a quiet word of warning. on: May 28, 2016, 07:24:58 PM
FWIW, I politely reported the copyright violation (the code being a copy of Bitcoin Core run through an auto-formatter with all the attribution removed) as an issue on the github for the project and john-connor accused me of stalking him and then hid the issue tracker on that github from public view. :-/

Did github ever do anything about the stolen code?

For unknown reasons, john-conner is now launching a bizarre FUD campaign against Monero, blaming smooth for the discovery of the code theft and claiming to have a portfolio of Cryptonote zero-days.

If github kicked VanillaTrash/Vtrash off their system, that would explain his random epic butthurt.
1932  Economy / Scam Accusations / Re: EmilioMann, John Connor, & VanillaCoin/VCash are lying about Monero exploits on: May 28, 2016, 07:20:16 PM
maybe he did rip off some Bitcoin code.

Ignore it

Maybe?  There's no maybe about it.  John was caught red handed, dead to rights.  Why are you pretending otherwise?

I politely reported the copyright violation (the code being a copy of Bitcoin Core run through an auto-formatter with all the attribution removed) as an issue on the github for the project and john-connor accused me of stalking him and then hid the issue tracker on that github from public view. :-/

I'm glad Greg Maxwell posted a warning about the fraud behind Vtrash.

"If you see fraud and don't shout fraud, you are a fraud". -Nassim Taleb

What does it make you when you see fraud, but then recommend everyone ignore the fraud?
1933  Economy / Scam Accusations / Re: EmilioMann, John Connor, & VanillaCoin/VCash are lying about Monero exploits on: May 28, 2016, 07:09:51 PM
These monero trolls are what makes BCT a hostile cesspool. But these trash posting rtards don't get it.

Continue the bullshit, there will be consequences.

1934  Bitcoin / Hardware / Re: KnCMiner declares bankruptcy due to increased competition, upcoming halving on: May 28, 2016, 06:55:43 PM
The problem is not the cable. I never said it was the cable. Nobody said it was the cable. The problem is that the miner itself is drawing up to 400W through a single PCIe jack. People sometimes have trouble with the SP20 and Avalon6 taking in 500W through two jacks and still roasting connectors. The KNC Neptune pulling 400W through a single connector and causing fires is a well-documented problem, not something someone made up on a whim to make the manufacturer look bad. Just do a quick search for "Neptune fire", you'll see claims going back to 2014. That's the kind of thing even an intern engineer should have caught long before it came to production.

I've got some pictures of my own, of some Titan cubes that required rebuilding (for at least the second time) after shipment because the entire housing was so flimsy that heatsink mounting screws were ripping the threads out and coolers were flopping around loose inside the case breaking stuff. That's also the kind of thing even an intern engineer should have caught long before it ever went out the door.

Aside from any complaints about how the management may have mistreated customers, the design and build quality of their later products is some evidence that they were "mailing it in". Those amateur engineering blunders are the only things I have hard evidence for, but it's enough to convince me they stopped caring about what got sent out a long time ago.

KNC was winning the 3rd gen ASIC competition for a while, thanks to their rapid time to market.  That successful execution didn't happen because they were scamming or "mailing it in."  

I can easily bore you by reminiscing about the details of the race to 28nm, if that's what you want.

If KNC took their sweet time and your sweet money to painstakingly design/test/deliver bespoke "carrier grade" equipment you'd be complaining about that instead, as it would have made the miners much less profitable.

KNC obviously put in their best efforts given the time constraints and trade-offs involved, which ironically was a mistake, because dealing with retail gamblers is (as you continue to demonstrate) a thankless/endless task.

You've gone from defending comments about "human garbage" and ignoring blanket condemnations of Sweden to niggling over build quality.

If you backpedal any faster, you might start to polarize the vacuum itself, like a very small magnetar...   Wink
1935  Other / Meta / Re: Petition for Monero to have its own board, so we don't bother the altcoins. on: May 28, 2016, 06:28:31 PM
I think at this point it's fair to say that everyone on Bitcoin Talk is aware that Monero is the successor to Bitcoin proper.  Calling it an altcoin is inaccurate and a clumsy, archaic protocol. 

No, just no.

Monero shares no (high level) code with Bitcoin, so it not a fork like other altcoins.

But as a store of value that also functions as a medium of exchange, Monero represents an alternative socioeconomic consensus, so it's an altcoin in the socioeconomic sense.

Given the vast overlap (basically embedding) of XMR's user base with BTC's, I have no problem using the broader definition.

And XMR is definitely an altcoin as far as its functionality, which include providing an opaque blockchain as an alternative to BTC's transparency and a dynamic block size as an alternative to BTC's static approach.

Maybe we can pay use donations to pursuade Thermos to give us our own forum on a subdomain.

Monero.bitcointalk.org

No more Monero threads (and threads about Monero threads) on the alt board, no more DashHole and Vtrash BS in Monero threads.

Win/win.   Cool
1936  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: May 28, 2016, 06:09:07 PM
I was told by the 'Gavinista' that Bitcoin is practically dead. Why is the price going up Huh I'm pretty certain that a certain 'group' of people at a certain subreddit don't even care, as they continue with ad hominem and ETH promotion.

Things would be much simpler if the remaining 'opposers' just accepted Segwit at the moment. You can then focus on a HF afterwards. What Antpool is trying to do now does not help the situation at all. The network was practically at a point where consensus has been met. With KNC gone, Classic is completely done.

It's nice that Bitcoin now has its own supervillains.

External enemies like Alistair Darling provide only limited drama, while our homegrown baddie coalition of Hearn/Gavin/Armstrong/Ver entertain us on a daily basis.

EG, https://twitter.com/rogerkver/status/736274071113977856

Epic clownage ensues.  Can't wait until Samson piles on!
1937  Bitcoin / Hardware / Re: KnCMiner declares bankruptcy due to increased competition, upcoming halving on: May 28, 2016, 05:08:07 PM
Yeah, their early miners were super expensive but because they were super efficient compared to everything else at the time. They proved they could do good work, which is why people trusted them enough to continue buying.

Regarding claims of incompetence - that picture says quite a bit. I think bringing to market a 400W device taking in power from a single connector good for less than 300W continuous is claim enough. There's a fair bit of demonstrable shoddiness in their later miners, a bunch of rookie mistakes you wouldn't expect to see in someone's college project let alone from engineers from a multi-million-dollar company. From what I've seen of KNC miners, their silicon guys were pretty good but board-level guys need help and the mechanical guys should have been fired.

"That picture" only shows how desperate you are to find something that can back up the otherwise unsupportable assertion of incompetence.

KNC didn't make that power cable.  Those cables are made by the PSU maker (or more likely, a subcontractor), and once in a while you'll get a poorly made one not fit for continuous load (whether under or over spec).  And if you put it in crooked or don't push it in all the way, you're going to have a bad time.

I've seen, on rare occasion, those PCIE connects burn out even with Seasonic PSUs, which are server grade and run well over spec just fine.

Before that, I also spent years running overclocked GPUs with those same cables.  Going over spec isn't a big deal, no matter how much Concern you try to generate.

You're really reaching to use one fried cable as some sort of trump card.  Better warm up first, or you might pull a muscle!   Wink
1938  Alternate cryptocurrencies / Altcoin Discussion / Re: John Conner Finds Exploits and Monero Reacts on: May 28, 2016, 04:50:18 PM
He did offer them up for a bounty, but so far no one has approached him to buy the exploits.
John_Connor just asked that the funds be held in trustless escrow before he is willing to pass them on.

Just call his bluff and offer to buy them and we will see the truth of all this

Why can't we just steal the exploits and pretend we wrote them, like John did with Vtrash and Bitcoin's code?
1939  Bitcoin / Hardware / Re: KnCMiner declares bankruptcy due to increased competition, upcoming halving on: May 28, 2016, 04:26:08 PM
I am glad to see KnC miner die!  Fuck them.
They fucked so many people with their incompetence.

The KNC Saturn/Jupiter was one of the most profitable Bitcoin miners ever released.

Not sure how you get from there to "incompetence."

I guess you believe competence alone is enough to guarantee endless success, no matter how external business conditions like price/difficulty change for the worse.

Perhaps raging butthurt has something to do with your bizarre, factually challenged assertion.  I've seen it happen before; it's never pretty when some n00b doesn't get the Magical Money Printing Machine he spent his entire allowance/mortgage payment gambling on.
1940  Bitcoin / Hardware / Re: KNC wins Class Action against Miners. Court rules all a Business. Thus Lost. on: May 28, 2016, 04:16:09 PM
Icebreaker - you're in the wrong conversation. If we were talking about people suing a company who failed to deliver because of outside factors (or accidental incompetence), what you say might make sense. But since the lawsuit here is that the company failed to deliver because they intentionally refused goods and services to customers which had already paid for them - willfully kept money to themselves that should have gone to customers, and willfully kept machinery that should have gone to customers - there's really no way to defend that as simply "gambling" on the customer's part and therefore the business is not in the wrong.

Are preorders a foolish gamble? Yes. HOWEVER, however, they have become a foolish gamble not because companies of the occasional case where a business fails to deliver due outside factors driving them to it out of necessity, but because of all those companies who abused their customers by redirecting preorder money into their own pockets, refused refunds, self-mined on customer gear and intentionally delivered it late (if ever) - or the ones which were cons from the get-go, had no intentions of ever making hardware and wanted to take your money and disappear.

So if you want to defend a business forced into bankruptcy by bad market conditions, which had a reputation for respecting its customers, making good on its promises and communicating honestly when things weren't going right, go for it. But if you want to defend a business who for the last two years has made its profits by actively and unapologetically stealing from its customers, well... you're on your own.

One man's "foolish gamble" is another man's calculated risk.   Cheesy

Either way, consumer protection laws are not intended to refund losses resulting thereof. 

Unless you have solid proof (raging butthurt and "Hivemind Confirmation Intensifies" don't count), those crimes you assert are just rumors and defamation, not legally actionable.  We've seen at least two instances where ASIC firms went bankrupt because of "outside factors" only to have some people refuse to accept any explanation other than scamming and/or incompetence.

Demanding foolish pre-order gamblers acknowledge and accept responsibility for their own role in failing to grasp the concepts of caveat emptor and DYODD is not defending anyone.

Nor is stating the simple fact (already related by the Court) that if you INVEST in an ASIC pre-order you are doing (risky) business, not making a routine retail gadget purchase, and it is dishonest to pretend otherwise when it all predictably ends in tears.

Bitcoin is a "foolish gamble."  An ASIC pre-order is a higher order "foolish gamble" on top of that one.

And you expect a Court to wave a magic wand and make it all better when those "foolish gambles" inevitably go awry?  The phrase "you can't con an honest John" applies here.

But I'm not defending KNC so much as debunking the self-pity party and its ridiculous, excessive leaps in logic.

No comment on the hypocritical sour grapes syndrome of blaming a venue ONLY AFTER it fails to confirm one's "human garbage" prejudgements?

No comment on the melodramatic post painting KNC as microcosm of all that is wrong with Sweden and Swedes?  Is that poster also in the "wrong conversation?"   Wink
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