Bitcoin could EASILY be re-designed so 1 ruling party has 100% control over it..
IMO this will be the method used to gain complete control of the worlds finances..
No RFD chips.. just crypto... only cryptos that are gov controlled will be legal.
And you would use such a bitcoin then? If not then you would simply stay with the old blockchain. I wonder how you plan on moving everyone to use the corrupt blockchain. |
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I think that theory is wrong. Blackwater... or The Rock, i believe, they are named now, hire such ex military. But these guys are EX for a reason. The end result is that the US government hires these soldiers to make war and these guys regularly are involved in killings of civilians and such things. These ex soldiers often enough are psychos or have some kind of problem.
Having to trust someone is always a risk
Maffia has psychos in them that doesnt mean that they cant keep order in their "family". It all comes down to incentives and trust. If you hire wolfs to guard your sheep, then you might have it safe, since if 1 wolf tries to eat the sheep, the other wolfs will stop him and eat him instead. I think most bitcoiners learned the lesson "Trust no one" (at least when it is in bitcoin area) the hard way. Having to trust someone is always an additional risk. Like having coins laying on an exchange. They might have a vault and all but still... risky. And i think you miss that wolfs are pack animals. They hunt in packs. One mafioso speaking about all the money they guard and their measly wager they get each month. Well... i would not be so sure about the outcome. If i would have to trust i think i would collect the persons by checking their personalities very carefully. |
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My concern is not about future whale diggers, my concern is:
"Why would future users of Clam, buy Clams, knowing that the protocol can change
if majority holders don't like something about the protocol, at that time?"
My concern is future users/investors.
Exactly that is what i thought too. Though i think that danger is now avoided isn't it? Price stabilizes and the fork is dead or am i missing something? |
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Kann man den Zahlungskanal schließen ohne dass der Geschäftspartner zustimmt?
Nein. Allerdings kann der Geschäftspartner dabei nichts gewinnen. Mit einem unzuverlässigen Partner macht man in Zukunft keine weiteren Geschäfte mehr. Sicher, das gibt es auch in der normalen Welt, aber es ist eben nicht der Standard. LN klingt aber fast wie wenn künftig die Hälfte aller Transaktionen damit ersetzt werden sollen. Und dass das klappt sehe ich nicht. Und im Gegensatz zum Girokonto gibt es nur einen Geschäftspartner, beim Girokonto beliebig viele.
Theoretisch könnten sogar die Banken LN Hubs bereitstellen. Damit hätte man das gleiche System wie heute mit dem Girokonto - allerdings weltweit. Du meinst jeder der einen Paymentkanal zu dieser Bank hat kann dann auch zu allen anderen senden die ebenfalls einen Kanal zu der Bank haben? Derjenige braucht nicht direkt einen Kanal zu der Person die er bezahlen möchte öffnen? Und du glaubst die Blockchain würde ein weiteres Transaktionswachstum wie bisher nicht schaffen? Warum? Ich weiß dass Moores Law scheinbar hinterher hinkt was die Bitcoin Entwicklungsfähigkeit angeht, aber ich kann mir nur schwer vorstellen dass wir da bald an ernsthafte Probleme stoßen. |
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Mit dem Girokonto kannst du aber überall bezahlen wo Überweisung akzeptiert wird. Mit dem Zahlungskanal hast du erstmal nur einen möglichen User den du bezahlen kannst. Und die Coins sind an diesen einen User gebunden.
Du kannst den Zahlungskanal auch wieder schliessen, wenn Du die BTC an anderer Stelle benötigst. Viele Leute haben heute ihr Geld an Banken, Börsen und Unternehmen (Gutscheine) gebunden. Die meisten Zahlungen finden mit dem so gebundenen Geld statt. Sicherer und besser als diese aktuelle Praxis ist LN auf jeden Fall. Kann man den Zahlungskanal schließen ohne dass der Geschäftspartner zustimmt? Sicher, das gibt es auch in der normalen Welt, aber es ist eben nicht der Standard. LN klingt aber fast wie wenn künftig die Hälfte aller Transaktionen damit ersetzt werden sollen. Und dass das klappt sehe ich nicht. Und im Gegensatz zum Girokonto gibt es nur einen Geschäftspartner, beim Girokonto beliebig viele. |
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Actually i think 9 is less secure than others. Because you are publicly showing up yourself as someone who has something to hide. I'm sure satoshi has no heavily guarded fault. And he is the richest bitcoiner alive. And he probably is way more safe than the operator of a big mining farm. Even with guarded vault.
Maybe if you are a private person you can hide it, but what about a big company? They use 1 primary address for identification or accounting or whatever. All their transaction is traceable, and if they store billions in another address, they can be caught very fast. Their CEO or Security officer can be extorted, how will they protect against that? Sure, though they have insurance. And the fiat bills have to be physically moved. When exchanged they can be found via serial number. It is no fun washing such money... i imagine. No problem at all with bitcoin. Even if you have a bunker your relying on guards who I would assume make much less then what is being stored. As long as there is greed there is a chance of them going "bad"
Actually private security guards are much more disciplined, in many cases than military guys. Private security guards are ex-military, veterans, disciplined, loyal, and work for big money, so they have an incentive to not fuck up, as they also have a reputation. Average military guards may be recruits with little experience, and the military salary is little, so they can be corrupted more easily. I think that theory is wrong. Blackwater... or The Rock, i believe, they are named now, hire such ex military. But these guys are EX for a reason. The end result is that the US government hires these soldiers to make war and these guys regularly are involved in killings of civilians and such things. These ex soldiers often enough are psychos or have some kind of problem. Having to trust someone is always a risk |
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I think having guards only will raise suspicion and attract thieves. Put the guards to sleep with gas and you can move on. Or especially in the bitcoin area... buy anonymous a hit team and let them raid the vault.
I think the best protection would be that nobody knows you are rich. You take care about your privacy and prevent your bitcoin addresses to be connectable to you. You can hide your private key everywhere. Your whole computer is full of data where you could hide a privkey without anybody ever being able to find it.
Of course when you run a business and everybody knows you and your company then it might be something to consider.
Banks hold trillions of $$$ in their vaults, or if you dont like reversible ones, then check the gold exchanges. Gold exchanges hold tons of gold in their vaults, none of them raided yet. I think you guys watch too many movies, in reality nobody dares to raid a compound full of armed guards.  In reality you hear that the bank employees silently worked together with the bank robbers and similar things. Bank robbery nowadays is not rewarding. Normal banks rarely have more than 10k USD in their bank building and even then, all fiat bills are marked with serial number. Stealing bitcoins is very easy instead when it comes to getting away. Being hidden unknown still is safer. If you have to spend money then tell your surroundings that you hold shares of some company. They will believe it and be pleased. No attack vector opened. |
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Unfortunately there is no way around this and reputable members usually won't escrow a PayPal transaction, you'll just have to sell to people you feel are trustworthy. From what I hear, it's harder for buyers to initiate a chargeback with Skrill, maybe you should look into it.
I would not bet on this. As far as i read skrill is not much different with the risks than paypal. The same goes for any kind of coupon code. They can always claim their code was stolen at the end. If you don't know about these things then there are traps everywhere for you. |
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1) I have no idea why they want id -  2) If you want to pay a bill more then 1000 EUR you should do it in multiple transactions - But how to convince a merchand that I need to split the payment in 2 parts without arousing suspicion?3) Our overrulling company name Shopem - Excellent! I hope you won't change it to Bitbill or sth. in future.2) Because we do most of the payments manually we will see that you made two transactions to the same bank account and reference and we will combine them. 3) We are not planning to I can confirm that they intervene manually regularly. You don't even have to mention a problem, they come back to you. Their support is fine. |
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IS there a best way to do this? Will Coinbase and Circle keep logs of all my buys in case I lose track?
Normally exchanges do that though it would be all for waste when you don't download it. Since it can happen quite easily that the exchange dies and vanishes. Then your trading details are gone. |
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Hello. I keep reading that members should use escrow when using paypal. What stops buyer from a chargeback against the escrow and then escrow charge back against seller? I am looking to sell via paypal but do not want to risk chargeback. Virowox seems expensive to use although it is safe.
If you didn't misread then the advice was wrong. An escrow can't do anything against a chargeback. So he can only provide safety up to the point where the login was delieverd to the buyer and the coins were forwarded to the seller. I you want to buy paypal then there are a ocuple of exchanger on BCT that sell paypal. Some of them are highly trusted so the risk is way lower. |
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You will be out of luck. You are a newbie and want to sell an amazon gift code. It might very well be the case that you bought that gift card with carding.
You can try to convert the giftcode to bitcoin by checking out purse.io.
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Hi,
I am an early adopter of Bitcoin, I made quite a bit in 2010 - 2011 and sold it in 2014 at around ~$600.
I decided to sell it all and never thought I would rejoin the community.
I have had some time off recently and would like to get into Bitcoin trading (Just as a hobby). I have decided that I should buy around 5 BTC to start and have some fun with that. I want to trade BTC / Altcoins on an exchange like Poloniex.
I was looking for some resources, reading/watching material. Just on the basics of trading. To be honest, I do not really know what I am looking for. That is the point in this... I want to learn!
If anyone could point me in the right direction, I would appreciate it.
Thanks.
What did you do with your riches? You should avoid exchanges with high fees because it is really hard to only break even with the fees. Besides that... it is a HUUUUGEEEE timeeater to learn the basics alone. Do NOT trade with 5 bitcoins at the start. Start with $20 in bitcoin. I can guarantee you that you will lose everything. But better $20 than over 1K$. Learn forex, check out babypips.com and learn about indicators and such. |
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Since the seller won't reveal you the info for free the only solution would be to use a trusted escrow that can check the info for you. I think multi signature would not help either since when one party does not agree then nothing happes with the funds. An escrow could decide who is right and act accordingly.
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-snip-
Those have different roles.
In my situation, the cameras serve the role of checking if the room has been entered without authorization.
For example: 1 infiltrator enters the saferoom to install some transmitter on your secure PC, that will leak the private key to him when you use it.
If you videotape the room all day, and check the footage before you use the PC, then you will not use the PC if it has been tampered with, and will replace it with a clean PC, and copy all data into that. Then burn the tampered PC.
So the videotape is protected better than the room with the computer? Look it can be secured, relative to the level of paranoia. There is always the possibility that an invisible goblin will watch the keystrokes when you enter your bitcoin wallet password, so what does it matter ? So this discussion is pointless. There will be alway an attack vector. However method 9) is still the most secure and the odds of theft become so low, that you will have a higher chance of falling off the stairs and dying than to lose the bitcoins if you secure it properly, so at that point it doesnt matter. More people die from car accidents than those that lose their bitcoin from bunker Actually i think 9 is less secure than others. Because you are publicly showing up yourself as someone who has something to hide. I'm sure satoshi has no heavily guarded fault. And he is the richest bitcoiner alive. And he probably is way more safe than the operator of a big mining farm. Even with guarded vault. |
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My point exactly. The guards are a security risk as well as a feature.
But you dont let the guards inside the room, only you can access the room with fingerprint detector. The guards are only there to guard the entrance. And the room would be surveiled + movement detectors, so that nobody but you can go there undetected. Fingerprint detector... normal ones easily cheatable with a bit of tesa and glue. And i would not want to risk that some thug cuts away my finger so that he can get into the vault. Even when the reader is detecting blood motion... it can be faked and was faked already. I would fear for my health with these kind of systems. If you have a fortified compound with armed guards, I dont think anybody will attack you However if you do hold a lot of bitcoins, and somehow other people will know about it, and if you dont hire some armed guards, then it will be the biggest danger. All billionaires have a private army protecting them. I think having guards only will raise suspicion and attract thieves. Put the guards to sleep with gas and you can move on. Or especially in the bitcoin area... buy anonymous a hit team and let them raid the vault. I think the best protection would be that nobody knows you are rich. You take care about your privacy and prevent your bitcoin addresses to be connectable to you. You can hide your private key everywhere. Your whole computer is full of data where you could hide a privkey without anybody ever being able to find it. Of course when you run a business and everybody knows you and your company then it might be something to consider. |
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Crypto needs margin trading like a hole in the head.... I hate margin trading it just creates greedy wankers looking for a quick profit...it does nothing for CLAM or any other coin but increase hype and fud Jon  I think it leads to price stabilisation too. Since only with margin trading you can bet on a dropping price. So traders are interested in both ways to go. |
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Also günstiger mit LN und 1MB blocks... das wird sicher nicht passieren.
LN funktioniert noch gar nicht mit Bitcoin, da hier noch ein paar Funktionen fehlen. Die Block Size kann bei wachsendem Volumen auch mit LN nicht bei 1MB bleiben, da der Aufbau der Zahlungskanäle und die Finalisierung ebenfalls Platz in der Blockchain benötigt. Allerdings bietet LN die Chance, einen Teil der Transaktionslast Off-Chain durchzuführen. Der Preis ist gebundene Liquidität. Dafür bekommt man im Gegenzug sofort wirksame Transaktionen ohne Fee. Im Prinzip ist LN (nur) eine (von vielen) Applikation (Multisig Escrow ist eine andere), die auf Bitcoin basiert. Na da verstehe ich die 1 Megabyte block fans aber anders. Die wollen ihre 1 MB behalten. Und sie wollen explizit dass die Gebühren steigen weil nicht mehr alle Transaktionen in die blockchain gelangen. Sie hoffen wohl dass die Transaktionen mit LN dann umgerechnet günstiger sind als normale Bitcoin transaktionen und LN-Transaktionen immer normale Transaktionen mit höheren Gebühren übertrumpfen können. Gebundene Liquidität ok, aber sofort wirksame transaktionen passt ja nur wenn es nicht die erst transaktion ist bzw man den channel schon eingerichtet hat. Aber ganz ehrlich, ich würde mich nicht wohl fühlen meine Coins wegzusperren und sie nur noch für einen Zweck benutzen zu können. |
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I thought MMM was already down as a scam and the owner catched by the police? Do i mix something?
Anyway... 30% are surely not a healthy business model. Especially because they let everyone earn from it instead maxing out their own profit.
MMM is a well known ponzi scam and even the founder was an infamous criminal yet there are still "branches" of that ponzi shit in some countries like here on th Philippines. People here believe it was mutual funding bla bla bla and a legit company ( if a certain program pays ,they consider it "legit"). They're unstoppable. How goes the saying... every day a fool is born... and especially groups have their own dynamics. They push each other to believe. Well, it might be that most people have to learn this the hard way. |
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I thought MMM was already down as a scam and the owner catched by the police? Do i mix something?
Anyway... 30% are surely not a healthy business model. Especially because they let everyone earn from it instead maxing out their own profit.
I rate MMM like Ponzi, we have to make an investment, then we must look for members to join and invest. after that we can only get 30% and they have accept bitcoin, a pretty good way to get 30%/month So i was right, it's a pyramid game where everything falls down when it's impossible to find new investors... um... victims... to join. I hope you have only invested what you can lose. you have pointed right... But people do not understand this... In fact people see ponzi every where...it is why it is not useful to point on ponzi because people see every where ponzi. What is trange here...one points only on ponzi saying they are ponzi. Why do people here not point more on" no-ponzi" systems? Because only high yield investments get attention. And it is very rare that there is a high yield investment that is legit. With ponzi's you even don't know if they run a very long time if they still are ponzies or not. For example i remember a ponzi called UInvest. It runs since years and pays out. I think it is practically impossible that it is a normal ponzi but the projects they offer defy any logic. The profits are way exaggerated so that it is not possible that the projects are real. I suspect it might be a project by the ukrainian mafia to wash dirty money or so. Have no other explaination. |
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