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21  Bitcoin / Bitcoin Discussion / Re: My $11k bitcoin odyssey on: July 18, 2014, 10:31:41 PM
OP,

You should take solace in the fact the you have been able to provide comfortable life for your family. You should also be pleased with your participation in a global financial revolution. I'm sure you learned a thing or two through your experiences. I'm a big believer in just buying the coin rather than trying to keep up with the Jones on the infrastructure end. I bet you reach ROI in the next 12 months just by holding your coin despite getting in on the high side. Thank your for the read.
22  Bitcoin / Bitcoin Discussion / Re: A Guilty Verdict In Silk Road Case Could Doom Internet Freedoms on: July 18, 2014, 10:17:27 PM
I don't think it would doom the internet, but rather give mods an incentive to not allow illegal things to happen on their websites

It would give any sensible person reason enough to not participate in the moderation of any forum or website that may come under scrutiny by any relevant authority. Fear is not in and of itself incentive to do or not do anything. Reward is much more of an incentive.

I don't want to be the mod of any forum on bitcointalk.com (not that anyone has asked) for fear of being charged with facilitating money laundering. Reasonable compensation may incentivize me to perform the duty as expected.

Say public loitering and skateboarding is illegal in a particular jurisdiction. Should the shop owner forsake providing parking space for "legal" patrons for fear of being charged with aiding and abetting the wrongdoers?

I haven't looking into the DPR/Silk Road case in any great length. I do not think the owners of craigslist.org, bitcointalk.org, ebay.com, amazon.com, reddit.com, facebook.com, Silk Road.onion, etc. should be held responsible for users' actions. It just doesn't make any sense. People commit crimes. Websites are just there for people to use and abuse.

We have enough moderation and censorship of the internet in the "free" world. Laws, as they are written, have long arms and great scope. We should be actively looking to reduce this reach rather than increase it. The children are fine. The terrorists don't really hate most of us. And, the elderly are oblivious. Let's just be allowed to live and let live.
23  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin wallets be trusted? on: July 13, 2014, 08:53:05 PM
i agree -- i just think it's important to make sure you're getting the file that the developer intends. as another poster pointed out, an attack on the developer's site/man-in-the-middle attack could put you at risk if you don't confirm with a PGP signature.

This, I cannot stress how important it is to make sure that you are getting the version that the developer intended and not one that has been placed there with malicious intent thanks to some security hole on the site. The best thing would be to go through every line of code for the open source program and understand what each does, but this requires both a shit ton of time and a knowledge that a majority of people lack.

<---Critical information there. Always check your source and verify the signature.
24  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Craigslist on: July 13, 2014, 08:46:22 PM
Craigslist really is a roll the dice, i've sold computers cars etc on there and you really have to be careful. I guess you have to be attuned to how the person is acting about the trade. I personally would never sell bitcoin on craigslist

The spam one gets from craigslist is enough of a deterrent for me to stay away unless I'm having or looking for a fire sale.
25  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Craigslist on: July 13, 2014, 08:45:15 PM
I made one posting and I got a buyer for 100BTC in 24 hours.

Nice to get actual cash for bitcoin.

For real? I know that you are smooth trader. I've lurked and learned. Seriously though; you got a buyer on craigslist for 100BTC? Recently? Someone handed you $60someoddthousand for 100BTC off craigslist? I follow most of what you post and would like to know more about this.
I would say that this kind of post (on Craigslist) should be approached with extreme caution. You should really never deal in that large of amounts with a stranger.

If you have read anything smoothie post; you know that he is savvy. (Craigslist + Bitcoin) - Escrow = High risk. I'm really curious as to how one goes about this. I do not doubt that what smoothie says is true, but it takes balls of steel to do this on craigslist. I stopped selling on localbitcoins due to people getting arrested on trumped up charges. I'm looking to move away from exchanges and the like, and am very interested in the process used to do this safely and securely. Enlighten us smoothie.
26  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Craigslist on: July 13, 2014, 05:38:48 AM
I made one posting and I got a buyer for 100BTC in 24 hours.

Nice to get actual cash for bitcoin.

For real? I know that you are smooth trader. I've lurked and learned. Seriously though; you got a buyer on craigslist for 100BTC? Recently? Someone handed you $60someoddthousand for 100BTC off craigslist? I follow most of what you post and would like to know more about this.
27  Bitcoin / Bitcoin Discussion / Re: Ethical price to sell BTCs for cash on: July 13, 2014, 05:33:09 AM
I would like to contrast ideas and exchange opinions about this matter.

Regardless of the vehicle used (Craiglist or similar forums/sites, mouth to mouth/social meetings, etc.), let's imagine a situation where we would find an opportunity to sell BTCs for cash, physically (face2face).

We do assume that the buyer has his/her reasons for not doing it him/herself, (not tech-savvy, afraid that bank could freeze account, legal stuff, n00bage factors, etc.), please let's focus in the main question and let's not get into a debate about the reasons.

For this kind of cases where the buyer is open to pay fresh fiat for BTCs, how much you guys consider would be a decent and ethic markup from market price?

Discuss.

Eth.


I must qualify this by saying that I have yet to read any responses. The fiat buyer (you are buying fiat with bitcoin when you sell BTC), should charge a premium over an exchange. People that deal with exchanges have all sorts of hidden costs that are not represented in the spot price (trading fees, withdrawal fees, etc). If I had to put a number on an ethical premium for not having to deal with an exchange, having the BTC escrowed, and paying with cash; I'm setting it at 3.5% over spot at time of sale. Still people are willing to pay upwards of 10% for this service.
28  Bitcoin / Bitcoin Discussion / Re: We are all Early Adopters. on: July 13, 2014, 05:23:41 AM
After months of hard work, I'm still only sitting on a quarter of a bitcoin. I don't feel like an early adopter. Sad

It doesn't change the fact that you are. HODL it CODL.
29  Bitcoin / Bitcoin Discussion / Re: We are all Early Adopters. on: July 13, 2014, 05:22:19 AM
but you can be hacked anytime, so I wouldnt congratulate yet. I owned 3 BTC now I own zero  Undecided

Ugh! Sorry to hear that. The OP's point still rings true. Five years from now 0.5BTC is likely to change a life or two.
30  Bitcoin / Bitcoin Discussion / Re: Expect banks to start becoming more BTC friendly.. on: July 13, 2014, 05:19:32 AM
Banks, et al., are taking notice of what is happening in the bitcoin world. USMS just auctioned off some property for which a savvy fellow ponied up millions. Bitcoin or something like it is the future.

Judging by the amount of VC that has entered the bitcoin space; smart money says that cryptocurrency is the future. I follow smart money because I don't have enough of either to do otherwise (smarts or money).

This is the internet, so take the OP's post with a grain of salt insofar as that is concerned. People create accounts all the time just to tell a truth that they don't want to tell under their own name.

Bitcoin is real. The protocol is solid. The currency is valuable. Don't fool yourselves into thinking that large corporations are not taking notice.
I realize at this point that most people think I'm making this up but as far as creating a pseudonym, I'm just a long time lurker who has never really had anything of interest to say. I figured that it might be of interest here but everyone thinks its bullshit. LOL.

Everyone always thinks things are bullshit until they get the smell of dung on their collar. I'm with you.
31  Bitcoin / Bitcoin Technical Support / Re: Weird Transactions in Wallet that I didn't make on: July 13, 2014, 05:17:50 AM
This might help.  Looks like he might have been warning you?  1brain = GoodGuy bitcoin stealer lol.

From: https://news.ycombinator.com/item?id=7365663

Perhaps this comment will start a good discussion, or maybe people won't like it because I'm one of the thieves mentioned. I'm the owner of the 1brain7kAZxPagLt2HRLxqyc3VgGSa1GR address.

First, for those curious, the passphrases of the wallets taken from so far:

19JsLFDRxuTsAjapE79FgoVNdNdB2hNU5M - "alfanumerico" (0.36875 BTC)

1PQiixL1SyytXoUGFBGA5ptW9uTjsBrdhX - "emergency" (0.00085 BTC)

1CqRJYoztkWifUYadFg13MHdmECx6uEdy7 - "butterfly" (0.00025 BTC)

16ga2uqnF1NqpAuQeeg7sTCAdtDUwDyJav - "password" (0.00085 BTC)

1HZwkjkeaoZfTSaJxDw6aKkxp45agDiEzN - "" (0.474972 BTC)

1HoSFymoqteYrmmr7s3jDDqmggoxacbk37 - "hello" (0.000555 BTC)

1C7zdTfnkzmr13HfA2vNm5SJYRK6nEKyq8 - "correct horse battery staple" (0.243762 BTC)

1JwSSubhmg6iPtRjtyqhUYYH7bZg3Lfy1T - "correct horse battery staple" (0.000079 BTC)

The implementation isn't particularly exciting. I have a PostgreSQL database containing a single `address' table storing (address, privKey, passphrase). Of course, the passphrase doesn't actually need to be stored, but I kept it around to satisfy my own curiosity. I run a modified bitcoind client that checks each transaction it hears about (in CTxMemPool::accept) to see if any of the outputs are in my database. If they are, a transaction is created, signed and broadcast to send the same number of BTC (minus fees) to 1brain7kAZxPagLt2HRLxqyc3VgGSa1GR.

I just wanted to point out that, when I started this, it was not for financial gain. I simply saw it as a fun and interesting exercise about the Bitcoin protocol. I wanted to see if I was capable to "winning the race" -- trust me when I say there are loads of people out there "mining" brainwallets, and whosever transaction is included in a block first tends to win and get the Bitcoin. I never expected to gain over 1 BTC, I think I got rather lucky. My database contains 19,412,020 passphrases (mostly single passwords, actually) which all came from various wordlists I found online. I consider this to be a fairly small dictionary, based on what I've read about other people doing the same thing. I originally had plans to make the database much bigger, however I've since moved onto other projects.

I'm happy to answer questions if people have any. There's a signed version of this comment at http://pastebin.com/s29kk2bb, which you can verify (rather ironically) at http://brainwallet.org/#verify.

You, sir, are  BALLER. Many may find your tactics fraudulent, but I think it is brilliant. You are using math to eductate and make some money doing it. Please continue educating.
32  Bitcoin / Bitcoin Technical Support / Re: Weird Transactions in Wallet that I didn't make on: July 13, 2014, 05:13:25 AM
You appear to have run "importprivkey 5KYZdUEo39z3FPrtuX2QbbwGnNP5zTd7yyr2SC1j299sBCnWjss" on your wallet.

This is the private key to the address 1HZwkjkeaoZfTSaJxDw6aKkxp45agDiEzN (which must now be in your wallet).

This is not a very smart thing to have done, since that is a private key that is known to the public.  This means anyone aware of that private key can spend any bitcoins that you receive at that address.

It is a bad idea to use import private keys into wallets unless you know what you're doing.

<---This is good information to know.
33  Bitcoin / Bitcoin Discussion / Re: Expect banks to start becoming more BTC friendly.. on: July 13, 2014, 05:11:35 AM
Banks, et al., are taking notice of what is happening in the bitcoin world. USMS just auctioned off some property for which a savvy fellow ponied up millions. Bitcoin or something like it is the future.

Judging by the amount of VC that has entered the bitcoin space; smart money says that cryptocurrency is the future. I follow smart money because I don't have enough of either to do otherwise (smarts or money).

This is the internet, so take the OP's post with a grain of salt insofar as that is concerned. People create accounts all the time just to tell a truth that they don't want to tell under their own name.

Bitcoin is real. The protocol is solid. The currency is valuable. Don't fool yourselves into thinking that large corporations are not taking notice.
34  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Craigslist on: July 13, 2014, 12:43:54 AM
So a relevant necro, does anyone have any ideas on how to make craigslist ads where people can pay for the item without a complicated checkout?

While most everyone in bitcoindom may have a mobile wallet with QR scanning, we might all not have a standalone QR scanner app that we can use to open URLs. I thought it was weird when QR codes started appearing on bus and other ads years ago, when all mobile devices didn't have a QR scanner installed by default. And from what I can tell, they still aren't universal.

If this wasn't the case, then each ad could have a QR encoded of https://blockchain.info/payment_request?address=1blahblahblah&amount=0&amount_local=5 to have it float to local fiat. However, that may be too complicated for most. The bitcoin URI standard only allows a bitcoin variable currently, not a fiat value that all wallets can recognize and convert based on whatever market's (or average) ticker_last.

I don't think there's any resource right now where you can take your Electrum master public key and have a bunch of addresses' QRs generated for as many items as you have for sale (including each item's price and title encoded).

I think this a relevant necro. I see things for sale on craigslist.org for BTC, but it is in no way easy or safe to do transactions in this manner in the current c-list environment. Have you tried coinslists.org or coinslist.info or coinslists.com...nevermind, those are not up...yet. What you are looking for is coming soon to a device near you.
35  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 13, 2014, 12:32:55 AM
AA may be one the few decent humans left in the BTC world. The day he leaves blockchain.info is the day I leave bitcoin altogether.
lol who?

Andreas Antonopoulis = AA

No disrespect, but I don't think you really understand Andreas' message
if you would say that.  One the key points he always makes is that
Bitcoin is a consensus algorithm in which you don't NEED people to be honest.

I agree, Andreas is a great mind and stand up guy.  But Bitcoin will
work the same with or without him... and who cares if he leaves
the Blockchain company?

Bitcoin is about the technology not about the personalities
of key people.  And this theft, while tragic, also serves to
reflect the fact that the system doesn't work if used
improperly.





I agree with you. My previous statement was a kneejerk comment based upon issues that both I and others have had with third party services. I am fully confident in bitcoin as both a network protocol and a means of exchange. It is still pertinent and valid to consider AA's exodus from the foundation. For whatever reason, we still need trusted third parties to help simplify an otherwise trustless system. Thank you for pointing out my mistake.

Now, let's get on to helping this fella get his coin back.

Comedy gold right here.

Could the echo chamber get any worse?

I had to wiki "echo chamber" to understand your comment; but I still don't understand your comment. I think the discussion you would like to have is best left out of this thread. The OP may have lost a chunk of change here, and posters should avoid posting self-promoting and distracting information. This is the last time I will be guilty of such a thing. PM me if you would like to elaborate.
36  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin wallets be trusted? on: July 13, 2014, 12:22:59 AM
It's possible you could download a client that someone has modified or compiled to steal your coins so that's why it's a good idea to only download them from secure/trusted sources. You could test out any new client or pc by sennding a small amount there and if it gets stolen straight away you know it's not safe.

This is possible and has been done.
37  Bitcoin / Bitcoin Discussion / Re: How to avoid thefts using stolen bitcoins. on: July 13, 2014, 12:20:44 AM
I must say this is a problem for Bitcoiners when their coins get stolen ...

I think that hackers are kinda happy that Bitcoin was created in other way than we are ...
They have so many chances to get people's coins ... and then well ... chances that they will get caught are lower than than that they will somehow withdraw it with no tracking possible Sad

And this is a problem I must say.
But you have to remember that most of the hackers are doing really simple tricks and you are able to secure yourself ...


Almost every video about "how to get started with Bitcoin"  is sharing main security steps which you HAVE to take if not you are placing yourself in a risky situation.

Strong password. Never stored! Just in a brain or a sheet of a paper cut in a half and placed in two different secure places.

-Layer security  ex.Firewall = mininum 2x firewall - router + OS

and be AWARE of phising e-mails! ALWAYS check what is a LINK connected to a button "login" in your e-mail from FB or Twitter or ANYTHING else (Forum/etc).

Bitcoin is a digital currency.

If you are hodling - store COLD-STORAGE (offline!)

For spendings follow security steps and decrease the risk!

Regards..



If you HODL store it CODL!
38  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 13, 2014, 12:06:14 AM
AA may be one the few decent humans left in the BTC world. The day he leaves blockchain.info is the day I leave bitcoin altogether.
lol who?

Andreas Antonopoulis = AA

No disrespect, but I don't think you really understand Andreas' message
if you would say that.  One the key points he always makes is that
Bitcoin is a consensus algorithm in which you don't NEED people to be honest.

I agree, Andreas is a great mind and stand up guy.  But Bitcoin will
work the same with or without him... and who cares if he leaves
the Blockchain company?

Bitcoin is about the technology not about the personalities
of key people.  And this theft, while tragic, also serves to
reflect the fact that the system doesn't work if used
improperly.





I agree with you. My previous statement was a kneejerk comment based upon issues that both I and others have had with third party services. I am fully confident in bitcoin as both a network protocol and a means of exchange. It is still pertinent and valid to consider AA's exodus from the foundation. For whatever reason, we still need trusted third parties to help simplify an otherwise trustless system. Thank you for pointing out my mistake.

Now, let's get on to helping this fella get his coin back.
39  Economy / Service Discussion / Re: CampBx down since July 3, 2014- Now up - account holders are locked out on: July 12, 2014, 11:57:27 PM
Glad you got your coins out. That is what I had to do eventually when I couldn't get any fiat out and I couldn't get a response from camp bx. I really don't know what their story is. They just don't seem to care about the business at all and if that's true they could take your BTC one day and that would be the end of your account.

I think about third party services everyday and how to solve these problems. Think about the silk road vendors that were selling legal wares in their own jurisdictions that just had their coin auctioned off. If your exchange participates in money laundering or any other activity that the local government deems unsavory; innocent users may just get their BTC seized. Of course this is notwithstanding internal thefts and hacks that are pretty fucking commonplace.

I'm happy that it worked out well for me; but for every good ending there are several others that do not end as well. All in all, I am very pleased with my personal outcome. However, I am in the minority of people with satisfactory results amidst this type of activity.

FWIW, I never got a helpful response from Keyur or any other Bx employee. I worked it out myself. I know of a few people that had their API keys revoked trying to withdraw BTC from Bx. It is the wild west insofar as third party services are concerned and consumers should beware. One year ago, I hoped we would stop hearing about this BS. If we hope for greater adoption, increased value, and safe access; we must find a safer alternative than the ones that currently exist.
40  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 12, 2014, 11:43:40 PM
AA may be one the few decent humans left in the BTC world. The day he leaves blockchain.info is the day I leave bitcoin altogether.
lol who?

Andreas Antonopoulis = AA
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