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21  Economy / Service Discussion / Re: What's a good bitcoin accepting VPS provider? on: April 27, 2014, 07:10:56 PM
if you want a VPS that does not respect the law, then risk the VPS owners snooping at ALL of your data.
if you want a VPS that knows and uses bitcoin, then expect whilst snooping at your data, they will see how many coins are in the hotwallet.

it only takes a few minutes to then make it appear that an out sider hacks your hotwallet and steals the coins.

you kind of deserve to lose all of your funds asking for a VPS with the features you mentioned.

Who says I'm putting a wallet on the VPS? (I'm not).

I just asked for a VPS that accepts bitcoin payment because bitcoin payments are a lot more anonymous then anything else.

If the VPS owner is snooping my data I'm perfectly fine with that.

So, what r u planning to host on uR VPS ?

Nothing. I just want something to remote desktop into to run a web browser / maybe some apps.

I could accomplish this with a VPN, but I feel a VPS is more convenient.
22  Economy / Service Discussion / Re: What's a good bitcoin accepting VPS provider? on: April 27, 2014, 06:23:26 PM
if you want a VPS that does not respect the law, then risk the VPS owners snooping at ALL of your data.
if you want a VPS that knows and uses bitcoin, then expect whilst snooping at your data, they will see how many coins are in the hotwallet.

it only takes a few minutes to then make it appear that an out sider hacks your hotwallet and steals the coins.

you kind of deserve to lose all of your funds asking for a VPS with the features you mentioned.

Who says I'm putting a wallet on the VPS? (I'm not).

I just asked for a VPS that accepts bitcoin payment because bitcoin payments are a lot more anonymous then anything else.

If the VPS owner is snooping my data I'm perfectly fine with that.
23  Economy / Service Discussion / Re: ROFL, cex.io maintenance fee is up to 30% on: April 27, 2014, 08:42:48 AM
The fees haven't gone up.

The mining reward per GH has gone down a lot.

So the same fees as a % of the mining reward has gone up.

Eg.

Before you had $3 in fees, and had $100 in bitcoins mined

Now you'll have $3 in fees, and $10 in bitcoins mined w/ the same GH.
24  Economy / Service Discussion / Re: ROFL, cex.io maintenance fee is up to 30% on: April 27, 2014, 06:50:20 AM
I didnt know cex.io has a fee, does this apply to newly bought contracts

They always did.

To pay for electricity/hosting etc.

See, it used to be like 3%, which is insignificant, but now that the difficulty skyrocketed, the fee as a % of mining profits (since mining profits are way down) has skyrocketed as well.
25  Economy / Trading Discussion / Re: Doing face-to-face Bitcoin trades? Here's a way to improve security. on: April 27, 2014, 03:39:57 AM
Bring a gun. Let the other person know that you're carrying.

Should scare off anyone who's thinking about ripping you off.
26  Economy / Service Discussion / ROFL, cex.io maintenance fee is up to 30% on: April 27, 2014, 02:14:58 AM
https://cex.io/maintenance

And it keeps going up faster and faster.
27  Economy / Service Discussion / Re: What's a good bitcoin accepting VPS provider? on: April 27, 2014, 01:22:53 AM
Preferably one that's located in a country that doesn't respect law enforcement.
Are you serious? Which country doesn't respect law enforcement?

Sorry, I should've been more specific.

A country that doesn't respect US law enforcement.

Eg. Like russia is less likely to cooperate with US law enforcement then canada.
28  Economy / Service Discussion / What's a good bitcoin accepting VPS provider? on: April 27, 2014, 01:13:31 AM
I need a windows VPS that accepts bitcoin. Preferably one that's located in a country that doesn't respect law enforcement.
29  Bitcoin / Bitcoin Discussion / Re: Why all strip clubs worldwide will soon be accepting Bitcoin. on: April 26, 2014, 09:12:34 PM
When I read the subject of this thread I was thinking something totally different.  I was thinking about the girls not the club owner. Someone should make QR stencils or temporary tattoos. Dancers could put one on a butt cheek or inner thigh and take bitcoin tips just like cash. That would be cool. When you think about it, it must be actually pretty gross for a girl to have nasty dirty bills between her tits and tucked into a g-string.

TT

Yeah, except most strip clubs don't allow cameras. you have to use a camera to scan the QR code.
30  Bitcoin / Bitcoin Discussion / Re: I Love Buying From Bitcoin-Accepting Merchants, But... on: April 17, 2014, 06:06:47 PM
Yeah the irony is that buy buying stuff from merchants that accept BTC and process it immediately through one of those services you are actually effectively adding to sell pressure. Kinda sucks but that's the way it is until some merchants grow big enough balls to hold BTC longer term.

That will never happen.

Retailers are in the business of selling goods, NOT speculating on whether btc is going to go up or down.

I think you're missing the point though. BTC is supposed to be a currency not a speculative investment. Is Apple "speculating" on the dollar by keeping billions of USD on hand? If businesses were using BTC for more than just accepting purchases, it would be a little different. Think about if they could actually use the BTC they collect from sales to purchase more goods, pay staff, pay rent for offices, pay their web hosting costs, etc...

International companies keep the majority of their cash in their home country's currency as well.

They'll keep an amount of foreign currency that's sufficient to do business (to pay expenses, etc), but will usually convert the rest into their home currency.

So basically they're treating btc as a highly volatile foreign currency that they accept for payment, but have no use for when it comes to paying expenses, so the only thing that makes sense is to exchange it for USD in a short amount of time.

Holding BTC is GAMBLING. It could go up/down 10 - 20% (or more) in a day.
31  Bitcoin / Bitcoin Discussion / Re: I Love Buying From Bitcoin-Accepting Merchants, But... on: April 17, 2014, 07:37:55 AM
Yeah the irony is that buy buying stuff from merchants that accept BTC and process it immediately through one of those services you are actually effectively adding to sell pressure. Kinda sucks but that's the way it is until some merchants grow big enough balls to hold BTC longer term.

That will never happen.

Retailers are in the business of selling goods, NOT speculating on whether btc is going to go up or down.
32  Economy / Service Discussion / Re: Summary review of 3 bitcoin exchanges on: April 14, 2014, 06:40:38 AM
I'm gonna reply to this post that is 3 years old just to show how messed up the first years of Bitcoin have been. The majority of exchanges has either been hacked or (most likely) setup as scams.

In 2008 I banked at Washington Mutual, Wachovia and Bear Stearns. All three are gone now. Shit happens.

Big difference.

If you lost any of the money you deposited because of that, I'll personally pay for it out of my own pocket.

(Because I know for a fact you didn't)
33  Bitcoin / Bitcoin Discussion / Re: Explanation of the BTC / ASIC scam and more PLEASE READ and learn on: April 13, 2014, 05:52:28 PM
No shit dude.

ASIC makers run the equipment by themselves while delaying shipping it as much as possible.

And if you really made your money back in 90 days then nobody would be selling these things.

And it's an unregulated market.

If you want manipulation to be illegal you need it to be government regulated. Otherwise people can do whatever the fuck they want.
34  Bitcoin / Bitcoin Discussion / Re: How difficult it is to actually trace someone's transaction? on: April 13, 2014, 08:13:35 AM
Be aware that everything you do in Bitcoin will be recorded forever. There will be no statute of limitations on crimes involving Bitcoins.

Ask yourself this; will there ever be a way to track Bitcoins back to you?

The answer is undoubtedly yes.

Don't do it. Karma will come back with a vengeance and it might be several years from now when you least expect it. Imagine getting your life just right, then losing everything because of something dumb you did on a network that stores transaction history indefinitely...

Be smart.

All right, here's the issue. So basically, the site he's running is unprofitable, and has been unprofitable since the start, and he's been using customer funds to pay for operating expenses. So at this point the site's under water, and it doesn't look like things are going to turn around. At this moment, he has about 50% of customer funds left. He also borrowed money from people (IRL) to start up the site. Even if he wanted to return people's money, he couldn't. And he'd rather rip off a bunch of people on the internet then owe people money IRL, so he's going to take off with the coins and abandon the site.

It's not a lot of coins either. He has 20 - 25 coins left of the 45 - 50 coins that are supposed to be in people's accounts at his site.

Honestly, it's nothing new. This exact scenario has played out countless times with bitcoin related sites. Site starts up, gains some trust, uses customer funds to pay expenses thinking they'll turn a profit soon. Site never turns a profit, ends up under water, and takes off with what's left.
35  Bitcoin / Bitcoin Discussion / Re: How difficult it is to actually trace someone's transaction? on: April 13, 2014, 07:43:35 AM
And btw, the info isn't for me. I have a friend who's about to shut down a website and take off with everyone's coins and claim the site got hacked, so he wants to make sure none of it's going to come back to him.

Pretty shitty friend you got there man. And why exactly would you be helping him in this (on the assumption you guys aren't one and the same)...

You know, you guys are awful sensitive to the topic of scamming when you're supporting a currency that basically has all the properties an internet scammer wants out of a payment system.

Of course we're going to be sensitive - what your 'friend' is trying to do is unethical and morally wrong.

Because I'm getting paid to.

And gimmie a break. The majority of people here are pumping bitcoin for the interests of their holdings going up in value.

And we're failing spectacularly, because our holdings are only FALLING in value.

What the fuck are you talking about? Bitcoin's up big time since 1 year ago.
36  Bitcoin / Bitcoin Discussion / Re: Your Bitcoin storage solution? "Share It!" on: April 13, 2014, 02:49:33 AM
I have all my bitcoins safe and secure on mtgox.
37  Bitcoin / Bitcoin Discussion / Re: Too much scamming in Bitcoin on: April 13, 2014, 02:46:48 AM
Heh, it's amazing how naive some people still are.

A few months ago I found some noob who was having trouble with his wallet and was dumb enough to let me have remote access to his computer.

You can guess what happened after that.
38  Bitcoin / Bitcoin Discussion / Re: not regulation, but do we need a "moral/ethics contract"? on: April 13, 2014, 02:38:39 AM
So you're anti-regulation but you want a contract that can be enforceable in court...

Troll? Or are you really that stupid?
39  Bitcoin / Bitcoin Discussion / Re: How difficult it is to actually trace someone's transaction? on: April 13, 2014, 01:27:18 AM
And btw, the info isn't for me. I have a friend who's about to shut down a website and take off with everyone's coins and claim the site got hacked, so he wants to make sure none of it's going to come back to him.

Pretty shitty friend you got there man. And why exactly would you be helping him in this (on the assumption you guys aren't one and the same)...

You know, you guys are awful sensitive to the topic of scamming when you're supporting a currency that basically has all the properties an internet scammer wants out of a payment system.

Of course we're going to be sensitive - what your 'friend' is trying to do is unethical and morally wrong.

Because I'm getting paid to.

And gimmie a break. The majority of people here are pumping bitcoin for the interests of their holdings going up in value.
40  Bitcoin / Bitcoin Discussion / Re: How difficult it is to actually trace someone's transaction? on: April 13, 2014, 12:28:17 AM
You know, you guys are awful sensitive to the topic of scamming when you're supporting a currency that basically has all the properties an internet scammer wants out of a payment system.

- The victim has zero recourse
- No identifying information is required to open an account and receive payments
- The ability to make transactions untraceable / extremely difficult to trace.

And btw, the info isn't for me. I have a friend who's about to shut down a website and take off with everyone's coins and claim the site got hacked, so he wants to make sure none of it's going to come back to him.


So, whats the website?   Roll Eyes

Can't say.

Doesn't matter anyway. Nobody would believe anything I say anyway, since I have zero credibility here.


So, why say?

I'm giving the context behind why I'm asking about bitcoin traceability. That's all.
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