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21  Other / Off-topic / Re: Let's Count to 21 Million with Images on: October 26, 2013, 03:12:33 PM
22  Economy / Securities / Re: [Ice-Dice.com] 0% Investor Commission! | Multiple Languages | Invest or Play on: October 26, 2013, 03:10:21 PM
http://www.marketwatch.com/story/10-things-twitter-wont-tell-you-2013-10-25?link=MW_home_latest_news
23  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: October 26, 2013, 03:04:36 PM
" Please read the rules of the thread. It's still on, if you follow the steps then you'll receive Mastercoins.
Yes I'm doing the giveaway, show me a url? "

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93104319


Would my cryptsy BTC address work? Or what is the easiest way to get a MSC addy?
many thanks!  Grin
24  Economy / Gambling / Re: PrimeDice.com V 2.0 | 170,000,000 Bets! | Free BTC | 1% Edge | Instantly Play! on: October 26, 2013, 02:31:08 PM
Theres nothing wrong with logging ips.
Quote
Yes it's legal....

Some websites need to do this for various reasons...

1) i.e. To block abusive people on websites. If you've been banned then this stops you simply creating a new login and posing as someone else
2) Gaming sites - stops people creating mulitple logins to cheat
3) To check the number of unique visitors to a webste
4) To track down users involved in illegal activities
5) To impose DRM rights - i.e. stop people viewing content from a different content - say the BBC is broadcasting an FA match on their player then they will block users form other countries accessing it so that the FA can sell these rights individually.

So if they do log it, its legal and its perfectly alright to do this.



are you insane? that's not the point if it's illegal or not, the point is they use your ip address to taylor the odds! This site has known bugs and glitches plus their customer service is nearly non existant! Coins lost ~ missing yeah lets talk legal!!! Roll Eyes maybe thats all good with you...i'd say take a survey of bitcoin users and ask them if they would check the yes box for ip tracking...zzz


Number of people who have listened to you: 0

Why do you even bother lol

I have many followers lol, look up^ RSS FEED READER is LINKED!!!!=) I'm surprised no one else is all over this!!!
25  Economy / Gambling / Re: [Ice-Dice.com] Free 0.005 BTC | 50% Referral Commission | Invest or Play on: October 26, 2013, 02:26:46 PM
POP UP BUG >>> now we are up  to 1.5 BTC!!!  Grin

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26  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 26, 2013, 01:37:39 PM

"..The claim that Mastercoin1 will not become secondary to Mastercoin2,.. "


woah woah waoh Mastercoin 1 is MST!! it's listed on cryptsy!!!lol

&
v
v
v

"Oh the other hand, Mastercoin proposes a controversial feature of escrow backed currencies which my economic sense tells me cannot work."


yes read and re-read the satoshi white paper_?_ building escrow/trust into bitcoin?
 huh?-imo: not even!  Roll Eyes
27  Bitcoin / Development & Technical Discussion / Re: Ice-Dice.com Bug Bounty Program On Testnet Subdomain on: October 26, 2013, 01:24:44 PM
To the guy with IP: 115.242.186.210 from Chennai, India:

So if someone tries to find a vulnerability you post his IP ? This might, or might not, be his actual IP, but aren't you supposed to keep this information (and other you might collect) private ? He/she might be trying to help you after all...  if I had any interest on this, now I would surely never give it a try.

Also, every related program I've seen paid much more than what you're offering. I don't see why anyone not so honest with an actual bug would sell it to you. Be clear about what you would actually pay, "There is no maximum reward" is not clear at all.

Finally, if you intend to help the community, you should disclose the bugs reported after you fix them.


x1O thank you for keeping it real! this guy refuses to even pay me out, I reported ice-dice "bugs" from day one!  Cry
Fvkk you for logging bitcoiners ip addresses ice-dice David!
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][FLO] Florin | Transaction comments | REQUIRED UPDATE v0.6.5 on: October 26, 2013, 06:00:05 AM
i predict /\FLO diff will soon go throught the roof!+~got your seatbealts on?  Grin ~hows it going over there bud!

Keep dreaming...
Yes man dream BIG/\FLO *\/\/e got some major movers and shakers coming here.. Wink *mark this post!*
29  Economy / Gambling / Re: PrimeDice.com V 2.0 | 170,000,000 Bets! | Free BTC | 1% Edge | Instantly Play! on: October 26, 2013, 05:52:32 AM
Theres nothing wrong with logging ips.
Quote
Yes it's legal....

Some websites need to do this for various reasons...

1) i.e. To block abusive people on websites. If you've been banned then this stops you simply creating a new login and posing as someone else
2) Gaming sites - stops people creating mulitple logins to cheat
3) To check the number of unique visitors to a webste
4) To track down users involved in illegal activities
5) To impose DRM rights - i.e. stop people viewing content from a different content - say the BBC is broadcasting an FA match on their player then they will block users form other countries accessing it so that the FA can sell these rights individually.

So if they do log it, its legal and its perfectly alright to do this.





are you insane? that's not the point if it's illegal or not, the point is they use your ip address to taylor the odds! This site has known bugs and glitches plus their customer service is nearly non existant! Coins lost ~ missing yeah lets talk legal!!! Roll Eyes maybe thats all good with you...i'd say take a survey of bitcoin users and ask them if they would check the yes box for ip tracking...zzz
30  Economy / Securities / Re: [Ice-Dice.com] 0% Investor Commission! | Multiple Languages | Invest or Play on: October 26, 2013, 05:45:00 AM
Just launched our bug bounty program, see this thread for detail:

https://bitcointalk.org/index.php?topic=318347.0

yeah how many have I reported by now what? lol  Cheesy
31  Economy / Gambling / Re: [Ice-Dice.com] Free 0.005 BTC | 50% Referral Commission | Invest or Play on: October 26, 2013, 05:43:02 AM
how we get 0.0005 bonus ?

just visit https://ice-dice.com then click on "get free bitcoins"

don't bother it don't work!  Roll Eyes
32  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 26, 2013, 05:39:40 AM
Quote
sanity ? lmao selling coins of some unclear protocol that is at odds with the BTC devs ...yes BUY BUY BUY!!  Grin LOL
Well you say the same thing as me, but with opposition mark Huh Disclaimer: I sold 90% of my coins Wink
But if dacoinminster's neutrality and passiveness do not kill his own project, I believe the real price (WHEN AND IF ALL THE FEATURES ARE IMPLEMENTED) is about to land and stay around the 1 BTC horizon.
Some kids are excited and spamming these threads reasoning about why it will be 20-30 BTC per MSC by two or three years, I invite them to do a simple multiplication (~600K MSC*30 BTC). God bless btt community!


Have someone from Forbes, Huff Post, etc. pick up a story on Mastercoin, and see how long it takes it to get to the 1-2 BTC point. That's all that will be necessary.

I think once a basic distributed exchange is in place and being used (as per the current bounty) that could end up happening. The way it rides on top of the bitcoin blockchain is very interesting and I would think worth writing about, once you have something you can share with it in the article (i.e. working distributed exchange, etc)

I'm the one who said Mastercoin could someday be worth 20-30BTC each.

That is 18,000,000 Bitcoins if you're doing 600,000*30. This number is irrelevant though because you don't have to buy Mastercoins with Bitcoins so it's not really known how much it could be worth. A Mastercoin could go for way more than that too.

Honestly I don't know how much Mastercoin will ultimately be worth, but I expect 1-2 BTC per Mastercoin at some point. 20-30 BTC per Mastercoin depends on too many factors which no one can predict and is years away from happening if it happens at all. Kind of like how Bitcoin will probably go to $1000 but $100,000 we just don't know.

I would say don't buy Mastercoin under the certainty that the protocol will work. It's an experiment, it's high risk, and if it fails then the Mastercoins could be worth 0. If it succeeds then the sky is the limit.

If it succeeds, the value goes to 0 as well, since it can be copied, and someone creates their system using Mastercoin2.  The best hope is the project never gets enough traction to prove failure or success, and random speculators keep trading value, and you get out before it's too late.

If that happened then you can't say it succeeds. The truth is the value cannot go to zero and it be a success. If anyone copies it, I expect the value of the copy to be even higher than Mastercoin or at least higher than Bitcoin. The real question is why would anyone need or use the copy?

If we already have Mastercoin there is no incentive to buy another Mastercoin2 and start over. There is no incentive to build another Mastercoin if we can do everything we need to do with this protocol.

It may be a case where you have competitor products and they all are going for 2-3 BTC each and that could be what keeps Mastercoin from reaching 20-30 BTC each but so what? Just making a clone doesn't mean people will download your clone.

If I want to issue a currency or make a bet what incentive do I have to use Mastercoin2 if it offers no increased functionality and no economic incentive for me to switch?

Why would you need to use the copy?  The alt-coins would be cheaper to acquire to use for the same effect.

You don't build Mastercoin2, you simply fork Mastercoin1 and there you go.  There is no advantage from network effect, everything can be cloned, and you have useless tokens.
Read the specification:
https://e33ec872-a-62cb3a1a-s-sites.googlegroups.com/site/2ndbtcwpaper/MasterCoin%20Specification%201.1.pdf

Obviously you don't understand how Mastercoin works. Silver is cheaper than gold but we still use gold. Why?
No one would prefer silver over gold, but it's so much cheaper so why wouldn't they?

Mastercoin acts as a unit of measurement. The Mastercoin protocol is a formula which functions as a value unit for the user currencies. It's value is not dependent upon it's scarcity because it's not like gold. It's actually more important than gold.

Mastercoin if it works
Once I have a working Mastercoin, I can create any currency I'll ever need and issue it. So why would I need an alt currency to do exactly what I can already do? "Cheaper" and "Expensive" assume Mastercoin is a unit of account when it's actually a unit of measurement, while the user generated currencies are the units of account. Bitcoin is a unit of account and functions as a currency, but you can easily create Bitcoins from Mastercoins so why would I care about the Bitcoin price if I have Mastercoins? I can also use Mastercoins to create currencies with far higher prices than Bitcoins so how exactly would Bitcoin somehow be more expensive than a working Mastercoin?
 
Let me give you an example here, let's say I'm an airline company JetBlue and I decide to create Jet Blue credits using the Mastercoin protocol. Those credits represent the goods and services offered by Jet Blue. So now Jet Blue credits are issued on the Mastercoin protocol backed by Mastercoins purchased by JetBlue which act as a unit of measurement of the goods and services JetBlue has to offer. Mastercoin is not money, and it's not credit, it's a unit of measurement which allows for the creation of money and credit. Money is a unit of account to give you a cost of goods and services, so Bitcoin is money.

Yes you can build a clone of Mastercoin and call it Mastercoin2 but if it has all the exact same features and I can do all the exact same things then it wouldn't even be worth my time to download it. And if you say "you'll download it because it's cheaper", you're missing the point. Mastercoin is useful because of what we can do with it and that is where it gets it's value from. If Jet Blue is offering credits backed by the goods and services of the Jet Blue company, those goods and services are going to be worth a lot to a lot of people. It will not make any sense for those people to go to some fake Mastercoin which isn't issuing JetBlue credits. Jet Blue isn't going to need to go to Mastercoin2 to issue their credits after they issue it over Mastercoin because they'd have to pay twice for the same functionality.

Mastercoin is not a stock. It's not a currency. The purpose of Mastercoin is to act as a unit of measurement, for instance in an escrow. It becomes valuable because people will be using it to do all kinds of trades. A clone isn't going to stop me from using it because I already have Mastercoins. It isn't going to stop the majority of people who have Mastercoins from using it because once you have Mastercoins at any price you have already purchased a stake and if it works you'll be able to use the protocol and it's functionality. Ideally you want to get them for cheap and most of us are at this point in time the earliest of early adopters.

The only way a Bitcoin will be worth the same as a Mastercoin would be if the Bitcoin developers themselves found a way to put all the functionality of Mastercoin into Bitcoin but if they did that it would cripple Bitcoin as a currency because the majority of people would be hoarding Bitcoins to use as escrow or to use in exotic derivative schemes which would affect the people who want to use Bitcoins to do micropayments or small purchases. Mastercoin frees Bitcoin users and developers from having to make that particular choice, at least not for the same reasons.

The Max_Block_Size issue may still cause problems of scalability. Micropayments may still ultimately be a problem if off-chain transactions aren't utilized.

Anyway to end this debate the only change to the specification JR would have to make to promote "brand loyalty" would be to allow the escrow to generate interest for the issuer and it's game over. If the issuer has an incentive to actually put their Mastercoins to use then whoever has Mastercoin owners will be virtually guaranteed to use them. The only way the price could crash down would be if the people who have them don't understand the protocol enough to know how to use them,  or if there is no incentive to get people to use them, or if there is another better technology (possibly Bitshares?) which allows for the same properties.

Colored Coin is a technology but it's design in my opinion is ugly and unnecessarily complicated. Maybe it will work but I don't see how it can work without the value going somewhere. If someone is issuing credit or currencies then it's got to be backed by something somewhere and represented somewhere. If it's backed by Mastercoins then you'd say it's represented by Mastercoins which act as the unit of measurement. If I wanted to issue a currency or credits through Colored Coin then perhaps it's possible but I don't know what their specification is or how they intend to do it. I'll believe it when I see a prototype.





Florins[-FLO-]sound about the same except not polluting the BTC blockchain!  Cool ez
33  Bitcoin / Development & Technical Discussion / Re: Ice-Dice.com Bug Bounty Program On Testnet Subdomain on: October 26, 2013, 05:30:27 AM
what is your offering? I already explained you are skating on very thin ice! I'd appreciate if you payed me out the 1BTC you owe me then we can talk about your status operating like you do.  Cool security?lol google : Apex
34  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: October 26, 2013, 01:03:23 AM
do you think its possible to effect seed dominance? Can the secret seed override(be the determinate #) the other two seeds?  Cool thx!

Every change to the input of sha512 completely changes the output.  In other words both seeds and the nonce are "dominant".  Any small change in any of the three inputs completely changes the output, due to the "Horst Feistel".

I'm glad to see that you're making an effort to understand the site's provably fairness.

Is it possible to ban ASICSRUS from this thread? he's just trolling and adding noise. It's off topic and useless discussion.

It's not.  When I created the JD threads I made a conscious decision not to make the threads self-moderated.  If the majority of comments are negative then it's probably because we're doing something wrong.  The fix for that isn't to delete negative comments, but is to fix whatever's wrong.

There are going to be a few crazies who won't listen to reason but they're easily ignored on an individual basis.  In the case of ASCISRUS I'm not even sure he's trolling.  He's angry and irrational, but his recent posts seem to suggest he's not a hopeless case.
avalanche effect yeah thats what i saw happen ..lol but in all seriousness Horst Feistel prolly worked with people from my camp! I appreciate you being engaged and willing to shed some light. The foundation of freedom of speech is why bitcoin exists today imho!  Cool ez
35  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC / LTC Does this mean LTC is also stronger than fiat? on: October 25, 2013, 08:24:22 PM
Just because BTC took off does not mean LTC will too.

Its worth keeping hold of a few just in case.

I have no idea bud, i just keep seeing $LTC Litecoin climb!  Cool weeeee
36  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: October 25, 2013, 08:20:43 PM

"...they don’t want to cripple the network with a critical bug.." nice read!  Grin thanks
37  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: October 25, 2013, 07:28:28 PM
I don't want to express this in isolation from the fact that I love the work that Dacoinminster, you, and others are doing. It's fascinating and, I think, important. But this only makes me want to be part of it more. Now because of what's happened, I can't. And I think something ought to be done for people in my position.

You could have just asked if Coinbase would work, somebody would have been more then willing to look into that. Also I haven't heard any other reports of this issue. I am a bit annoyed that you are shifting the blame and won't take responsibility for your own errors.

This is the last I will say about this since it's really not my place to 'defend' the way Mastercoin did it's fundraiser.

If Coinbase will let you sign a transaction hit me up with a pm and I can probably create a raw transaction that they can sign for you that move the MSC to an other address you own.

regardless of where its sent should not matter, does the MSC stay within that bitcoin or not? i'm confused what do I tell the stock market people?
38  Bitcoin / Project Development / Re: NEW Giveaway for "MasterCoins" - the new protocol layer built on bitcoin on: October 25, 2013, 07:24:41 PM
Changed my sig Smiley

1ZV3J5CKr4MuANQBohnCDXntQUHJKeKRU

There you go:
https://masterchest.info/lookupadd.aspx?address=1ZV3J5CKr4MuANQBohnCDXntQUHJKeKRU

Please excuse the invalid transactions. Sending Mastercoins is still a bit tricky and I'm just getting the hang of it.

are you doing the give away?  Cool I have been supporting you guys I have links!
39  Economy / Gambling / Re: PrimeDice.com V 2.0 | 170,000,000 Bets! | Free BTC | 1% Edge | Instantly Play! on: October 25, 2013, 07:22:25 PM
[-THIS JUST IN!-] ====> "  Pokerjet: we have ips of the flagrant ones "... Pokerjet: "and I get a beep the second one of those come on"

hello wtf?^^^
[/quote]

continued====vvvvv


[172115] hughra like all my btc are missing 15:11
[172115] hughra its not cool lol 15:11
...
[1004] Pokerjet u dont even change ur ip 15:15
[1004] Pokerjet how can u be that stupid 15:15




STUNNA
_?_ NOW WHY WOULD YOU LOG OUR I.P. ADDRESSES???WTF!!!
 = imo |^RED FLAGS|^ for da Bitcoin Community imho!

40  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: October 25, 2013, 04:30:27 PM
something about this doesn't feel right


i'm not the only one? lol  Grin
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