Is that really you in your pic, Maria? How did Zhoutong steal your 36,000 BTC ? Why are you giving special thanks to someone you say stole 36,000 BTC off of you? Is it a form of sarcasm? How old are you, Maria? Do you want to go to dinner or a movie, Maria? How about a date, Maria? Who is Bruno (Phinn Gage)? How did Charlie Shrem change? Why don't you know who Charlie Shrem is now? Why did the mods have censorship? Do you like CryptoCurrency, Maria? Did I ask the right question? I am new, can you tell me how I receive Bitcoins in my wallet? Do you believe in God? Do you believe that Jesus Christ paid the price for your sins? Are you saved, Maria? Do you want to fall in love, Maria? Will you marry me, Maria? Who sang that song, with the words: 'Maria, you're breaking my heart, you're shaking my confidence daily'? Can I please have 1 BTC, Maria? Can I please have 1000 BTC, Maria? Will you please send me 1 BTC to this address? 1GeMeGgit2aDrkYWuoyHKNF9zWhibH7ufi Can you send me 1000 BTC, to this address? 1GeMeGgit2aDrkYWuoyHKNF9zWhibH7ufi If you can afford it, Maria, can you please give me 10,000 BTC? 1GeMeGgit2aDrkYWuoyHKNF9zWhibH7ufi If I ask you for 1 BTC, 100 BTC, 1000 BTC or 10000 BTC or 100,000 BTC; then will you send it to this adress? 1GeMeGgit2aDrkYWuoyHKNF9zWhibH7ufi  Are you feeling a bit desperate just_me? |
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This too shall pass...
If and when it does we see $200 again If we figure out how to route around the damage (i.e., the G) in a reasonably efficient manner, we'll see $500 by the end of the year. Really though, we need a bank. And we're close to the point where a few of us acting together could afford to bribe the infrastructure of a small country, and get one. might not have to be a country, rather an office in international waters? https://bitcointalk.org/index.php?topic=199424.0How about a Bitcoin exchange located on this? http://aboardtheworld.com/our_storyCompletely untangled from government regulation |
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"ICE's Homeland Security Investigations unit boasts 7,000 special agents in 200 U.S. cities that focus on crimes including drug smuggling, financial crimes, computer crimes, and export enforcement. That has included seizing Internet domain names, targeting sports streaming sites, and arresting a student for jailbreaking game consoles." LOL |
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Interesting tweet. Nassim N. Taleb @nntaleb18m
For bitcoin to make it it needs to be banned by a few governments and critiqued by policy makers. Otherwise it will fade. #Antifragile.
Taleb is my fav mega-genius |
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k i'm placing bids  dont wana miss it next time. 100.98  I'm normally a bull , but I think $94 is the buy here. Going for that. |
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The crash from $266 to $50 was due on a denial of service attack on the MtGox website causing speculators to panic.
You're dreaming. That fall had absolutely nothing to do with gox. It was the market stabilizing after a frenzied media-hyped run-up. All the gox glitches do is add a little to the random up and down noise. |
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when do we buy back in though?
wait for my signal! Waiting..., General Adam! |
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IRS targets Tea Party members....
Associated Press has its journalist's phone records seized...
This is not just a war on Bitcoin it is a war on freedom and liberty.
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Good news.
People with talent + people with money = success
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Wow. Yet another reason not to deal with MtGox.
Is this related to the Coinlabs lawsuit?
What's the best way in the US to get USD out of BTC? Coinbase?
I have used this for my transfers, and not had a problem or delay: https://www.aurumxchange.com/ |
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Daily chart looking very bullish for a spike to 130/140 soon  |
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Why not just refuse to deliver for people using addresses with unconfirmed transactions in it?
Absolutely. I mentioned this in the post just after the OP. The only transactions which are a problem are those where delivery is made first (such as buying petrol, or after a restaurant meal). Fiat transactions of this type are done quickly and the customer is gone. I had an idea: what about just spending bitcoins like physical coins, with fixed denominations? This should not be too difficult to implement on a client: the client creates several hundred addresses in a batch(like when you are asleep), and fill them with bitcoins in fixed denominations, 5 BTCs, 2 BTCs, 1BTC, 0.5 BTC..... whenever the user needs to spend, the client chooses a number of addresses with just enough BTCs in them(no more than 15 for a price with three digits after the dot I guess), and generate a transaction with all these addresses as inputs. Each address will be used only once, and the client will periodically check the number of remaining unused addresses to determine if another round of creation is required. I need to think about that, however, Your link has led to this helpful gem: https://en.bitcoin.it/wiki/Myths#Point_of_sale_with_bitcoins_isn.27t_possible_because_of_the_10_minute_wait_for_confirmationIt confirm's what I was thinking, which is that accepting zero-confirms for low value transactions is very low risk, especially when using merchant software which listens to a lot of nodes and customers wait around for 10 seconds so that any double-spend can be alerted to the merchant during that time. |
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Why not just refuse to deliver for people using addresses with unconfirmed transactions in it?
Absolutely. I mentioned this in the post just after the OP. The only transactions which are a problem are those where delivery is made first (such as buying petrol, or after a restaurant meal). Fiat transactions of this type are done quickly and the customer is gone. Someone can't create a lot of counterfeit banknotes, coz high-quality fakes require a lot of resources. But if someone manages to do double-spending, he can replicate this a million times. IMO.
You are happy to present math to demonstrate an improbable situation where someone has 150% the hashing power of the network, but will you provide any math which shows the probability of the success of a double-spend when the 1st transaction precedes the 2nd by 10 seconds? (Because 10 seconds is a viable wait time for face-to-face transactions). |
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Guys, don't forget that Bitcoin has eventual consistency. And there is no way to circumvent CAP theorem. So there is no a solution to the slow confirmations problem. It doesn't matter. Every business has a small overhead from transaction errors, counterfeit fiat money, bad debt or theft which result in net losses. These losses are absorbed by raising the average product price paid by all customers of each business. A business suffering a loss from a rare Bitcoin double-spend will have to absorb such a loss, or insure against them if it decides that is the best approach. However, it seems likely that double-spend losses will be smaller overall than those seen with bad fiat transactions. |
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To continue using your PayPal account, we need some additional information
from you. Keep in mind that we have placed a limitation on your PayPal
account, and this limitation will remain until we receive and review this
information. Please provide us with the following:
• A brief affidavit stating that you understand and will comply with
PayPal's terms and conditions.
• The type of payments you will send and receive, including the type of
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Below you will find suggested affidavit language. Please make sure that the
requested affidavit is signed and notarized.
I the undersigned do affirm that I understand and will comply with PayPal's
policy regarding the use of PayPal Accounts to sell e-currency, such as
bitcoins, bitcoin mining units, and other related bitcoin products. I
understand that PayPal may not be used to sell e-currency, such as
bitcoins, bitcoin mining units, and other related bitcoin products. I
further affirm that any further detected violation of the policy may result
in the immediate closure of, or restriction to access to the account.
I have to admire the preposterous way they make you jump through hoops just to re-enable access to your money. The classic "Write 100 times on the blackboard" punishment. We look forward to hearing from you and thank you for choosing PayPal as
your business partner.
And this completes the shit sandwich. Truly, this organization needs to die in a fire. I'm glad we can all contribute to that end. I agree. It will be fantastic to see Bitcoin put a flamethrower on this sea-monster which spouts doublespeak like that in George Orwell's 1984. |
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The best solution I see is improved merchant-version Bitcoin client software which connects to a lot of nodes in order to detect a double-spend attempt as fast as possible.
This won't help against a Finney attack. Finney attacks are getting harder and harder as the hash rate goes. Pretty much no one solo mines anymore and even for those who do, they actually mine a block so infrequently. And when you do find one, you have an average of less than 10 minutes to go spend that money and then submit it to the block chain. And if you are late, you will lose your ~$3000 mining reward. Who would risk $3000 just for the change they could double spend some small amount of money?? Exactly. So merchant software improvements are enough and block frequency (whether 10 minutes or 2.5 minutes) is unimportant in a mature network. Problem solved. |
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I have 5 ripple invitations. If someone want's to be invited in Ripple, just write your e-mail to my PM.
Alright. So somehow 5 random people on the internet are going to be "trusted". How does that remotely work? |
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How did you generate that chart?
It just uses bitcoincharts.com daily price data and was formatted in Excel. |
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I would not be surprised if CCP sends a few agents to make batch-orders of ASICs from the producers. I have a new conspiracy theory: how many people have known friedcat personally？ It's basically one random guy showing up on the forum and suddenly he creates the world's biggest mining farm, hmmm....  Just occurred to me. Funded primarily by USD denominated Asicminer shares! Perhaps we are witnessing an out to the usd recycling trade... It could also be that the share offering is just a cover-up created to appease the community, so that the government can run the mining operation under a public identity rather than as a "Mystery Miner" which may generate panic, with proper explanation for funding sources, while in fact the operation is at least partially funded by the government. You guys can't be right because JFK, Roswell and Bilderberg haven't been mentioned in this theory yet.. |
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