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221  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: April 05, 2018, 10:02:51 PM
Very impressed with the miners after they managed to achieved ripping us off for $55 per transaction, must had been living it up
but i think we all know by now how this story is going to end.

Don't be sad, some of us got out when BTC was close to $20k and are living it up too.
222  Bitcoin / Bitcoin Discussion / Re: Why does China have an unfriendly policy on cryptocurrencies such as bitcoin? on: April 05, 2018, 09:58:22 PM
It might have something to do with drugs, sex services, gambling and ransomware viruses which Bitcoin has been
built upon and now we have ICO type scams too.

China did not kill bitcoin, miners did with crazy high fees so no one trusts them anymore and they are trying to have the finger
point at anyone else but the guilty parties and if you look at peak fees then the prices has been dropping ever since 
223  Bitcoin / Development & Technical Discussion / Re: Data-stream encryption on: April 05, 2018, 09:32:01 PM
I'm not sure what you mean by ISO reference model.
http://www.itprotoday.com/management-mobility/isoosi-ieee-8022-and-tcpip

Quote
TCP has a 2 byte checksum which can easily be accidentally fooled. Malicious bridge nodes (in Tor terminology) can easily switch all kinds of bits that TCP cannot detect or they can just modify the checksum to match.

But 2mb are still sent as 2mb blocks from sockets regardless of the trouble in keeping a thread open to send data in little block or encryption
and the lower levels deal with it most of the time and there is not much i can do about it.

14.4k modem  Cheesy When i started we only had 1200 baud and being able to send faxes involved an upgrade to the modem and these
things were expensive I can tell you but still it was better than Prestel and it's teletext type graphics.

224  Bitcoin / Development & Technical Discussion / Re: how is cryptocurrency safe? on: April 05, 2018, 05:33:10 PM
Keep your coins in a hardware wallet like Trezor for example.   

The price of these devices were going up nearly as fast as transaction fees back in December so I hope they get stuck with them
and are forced to sell them of for under $20 each because that's about all they are worth really and then I might pick one up.

For now I use pen en paper and cheap pen sticks to run Jaxx and Exodus wallets, cheap pen stick is a must have.
225  Bitcoin / Development & Technical Discussion / Re: Data-stream encryption on: April 05, 2018, 05:21:06 PM
Sure it will, and it will work much better than attempting to encrypt it all in one chunk. The maximum packet size is around ~1500 bytes as it is. If you send a 2MB file and one bit gets flipped somewhere along the way, without chunking the entire thing will have to be resent. There is very little overhead to doing this.


The lower levels of the ISO reference model deal with bit's being flipped, it happens all the time but all a socket can receive in one chuck is 65535 bytes
so really I am sending images and bigger files just like web-site pump out data and that works.

Quote
It sounds like you want to do something similar to Tor, maybe you should investigate what it does?

Yes I know my way around Tor, been an exit node myself before now plus hosted a onion site however it's
slow, has no redundancy to host sites if the server node is down plus a few other little problems like only having a few well known
exit nodes and they are all black-listed plus something I don't want to go into here.

Down the road I will be dealing with Whats-app type messages, file sharing, hidden sites but most of it's based on end to end encryption
using a public key generated for each node without needing any centralization however I don't really think this will be possible if it becomes
popular but at least I admit it up front.

One day people will laugh that they had emails addresses instead of a public key knowing that big brother is reading everything we say.



226  Bitcoin / Hardware wallets / Re: It is NOT secure to use hardware wallets (and it never was) on: April 05, 2018, 04:26:07 PM
Right, although the "someone" who has unfettered access to a computer with Intel ME is Intel themselves (and anyone else holding the code signing key for executing code on the ME processor). I think exploits were discovered last year where an attacker circumvented the use of the Intel code signing key, but I forget the specifics.

You see we can agree on somethings but few MS developers have woken up to the fact that Microsoft is locking them
out from the OS all over the place let alone are spying on every byte of data they can see.

Who would ever had thought that you would be getting a merit from me and take it from me, I don't get many to
give away but I am stuck with MS because it's all I know.

I suspect Goolge on Android devices is nearly as bad, they both have a bad track record, both work for the CIA/NSA
227  Bitcoin / Bitcoin Discussion / Re: Cheap energy in Siberia, Russia on: April 05, 2018, 04:11:00 PM
Cheapest energy in Venezuela
Cost to mine a BTC about 500$ for energy Grin

You need every penny you can get now your not ripping us off $55 for transactions fees and calling it
a donation but you killed the goose that laid the golden egg and I know we once had the term
"Virtual free transaction fees" but i think your action might result in "Virtual free bitcoins" and the charts
seem to be on my side.

oh yes you forgot to throw in the $5000 it costs you in to the equation for hardware that this gold mine of yours
cost you  Cheesy
228  Economy / Speculation / Re: Don't lose your faith in BTC. on: April 05, 2018, 03:45:19 PM

The future is none other than history repeating.



oh yes i like History, like Dot-Con crash, IBM's fall from grace and Tulips but what Bitcoin will be remembers for
is that people were forced to pay a whopping $55 per transaction in mining fees and you wonder why it's dyeing on it's feet.

Now you won't forget to factor that into your history repeating itself lesson will you teacher dear.

229  Economy / Speculation / Re: why the price of the bit coin is going down? on: April 05, 2018, 03:21:38 PM
As fees peeked at $55 we have seen Bitcoin going down ever since but i had could see
what this would lead too and jumped out at $18k

FUD around here will blame japan, india and putin but fees killed it and the lightning network
that is nothing more than a collection of banks will bury it six feet under.
230  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency NEWS on: April 05, 2018, 02:56:44 PM
Wot Google not using every opportunity it has to spy on what people are doing.

Don't worry google code ruining on android devices have you covered anyway, nothing gets past them.
231  Bitcoin / Bitcoin Discussion / Re: I'm so happy this is happening! on: April 05, 2018, 02:51:30 PM
"I'm so happy this is happening!"

Yes me too and I know it does not make me even more money but having sold out at $18k and seeing the prices
fall like I predicted after the miners screwed us over for $55 per transaction it sort of makes me feel richer.

Sure it could shoot back up but you know what they say about a bird in the hand is worth two in
the bush and it makes me feel so much better knowing that the miners are getting pay-back for acting
as traitors.

232  Bitcoin / Bitcoin Discussion / Re: selling bitcoin is a stupid decision ? on: April 05, 2018, 02:05:32 PM
You did not break the jackpot, and you will bite the logs when bitcoin starts to pick up the price and will cost 30-50 thousand dollars

It would had gone to $50k but for the miners, my long term planning was destroyed, please feel my pain
233  Bitcoin / Bitcoin Discussion / Re: selling bitcoin is a stupid decision ? on: April 05, 2018, 02:03:22 PM
Secondly is good to invest Crypto. Mostly on bitcoin and sell at appropriate time.

Hi Bro

Then I guess you sold aout at $19k and beat me by getting out a grand lower ?

Like you say "appropriate time" node, node , wink, wink
234  Bitcoin / Bitcoin Discussion / Re: selling bitcoin is a stupid decision ? on: April 05, 2018, 02:00:43 PM
"selling bitcoin is a stupid decision ?"

Yes i am still crying my eyes out since jumping out and selling at $18k because I knew the days were numbered when fees
hit $55 per transaction and the word got out to the public.

Maybe the OP would like to buy some vintage hens teeth or Tulips from my collection  Roll Eyes

235  Bitcoin / Bitcoin Discussion / Re: End of road for Cryptocurrencies in INDIA? on: April 05, 2018, 01:55:03 PM
Bitcoin apparently was designed to continue to operate with or without permission of governments and banks and they
also said we would have "Virtually free transaction fees" but that ended up going to $55 three months ago so it's just another lie.

The latest lie is about centralization because that's gone too with the lightning network but don't argue with me, argue with this guy
who makes the point very well https://www.youtube.com/watch?v=UYHFrf5ci_g or see the notwork map of banks taking shape
https://lnmainnet.gaben.win/

That's right people, you have been had again but the majority of people here still won't "get it" because they are
gambling addicts and are beyond any help that i can offer them.
236  Economy / Speculation / Re: Bitcoin price drops to $7000. on: April 05, 2018, 01:46:51 PM

After the G20. I think they have looked at the issue fairly. The problem of controlling the amount of money poured into the crypto market could be implemented. And I'm not sure they can do it under the pressure of public opinion.

Would that include the public's opinion after Tx fees hit $55 per transaction that Bitcoin is a scam

Forgetful memory people seem to have around here if you don't mind me saying  Cheesy
237  Bitcoin / Bitcoin Discussion / Re: What do you think about the future of BTC when fees increase? on: April 05, 2018, 01:37:53 PM
Fees were below $0.01 for most of Bitcoins life but the greedy miners put fees up to $55 and word got out so
joe public ran away and won't be coming even if the fees go back down to below being a cent.

Holding a knife to peoples throats tends to leave a lasting impression, sorry boys but the party is over so stop
dreaming.
238  Economy / Speculation / Re: Will the price be stable or increase 2018 midle to last? on: April 05, 2018, 01:25:01 PM
"Will the price be stable or increase 2018 midle to last?"


Will the price be stable or crash 2018 midle to last?

Fixed it for you or did you think that word never got out to the public about miners mugging people for
$55 in fees three months ago.

239  Bitcoin / Bitcoin Discussion / Re: The believe that because of Bitcoin limited supply the price will rise is a myth on: April 05, 2018, 01:20:38 PM
oh yes the world is running out of numbers and digits and I am selling pugs from my left nostril
because they are a finite resource and will boom in value when I die.

Never mind that each fork double the money supply, adds to inflation, just buy my pugs  
240  Bitcoin / Bitcoin Discussion / Re: Questioning the safety of Bitcoin? on: April 05, 2018, 01:15:38 PM
Bitcoin is more safer than Bank because it is more profitable investment.....

Selling drugs is profitable too and what about all the people that get bit-coin apparently stolen ! Who do they call,
whats the phone number please.

You are talking FUD and not even good FUD
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