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23441  Economy / Scam Accusations / Re: (Almost sure)brainwallet.org stole 22BTC from me on: August 08, 2015, 12:37:22 AM
if you used brain wallet and the passphrase to create the address had less characters then this sentance.

then you probably had a weak passphrase that any script kiddie could hack using random character generators
23442  Bitcoin / Legal / Re: Bitcoin becomes 100% unregulated in Japan!!! on: August 07, 2015, 01:03:27 PM
the little snippet in the news has been over exaggerated.. judges do not create regulations.. governments do.
in civil court its meaningless to even pretend that what a judge says will change anything, they just dont have the power.
<snip>
 

Wow, what country do you live in? I live in the U.S., and the courts here can do whatever they want, literally, and without limit. They regularly overturn laws and create new ones, and if the people or the legislatures attempt to craft new laws they just strike them down or ignore them. (Apparently millions of people or hundreds of legislators are incapable of judging whether something is constitutional or not, but one or a handful of judges can.) It's made a mockery of the notion that the U.S. has representative government.

even in the US there are different levels of court... different types of courts too.. and trust me.. a civil court has no power to overturn laws.. thats more like criminal court.. and as for regulation changes.. thats for something you lot call supreme courts. or senates..

but the little courts you find in each of your towns that only deal with fines and compensation, known as civil court.. is as i said, powerless in regards to the national stuff..
23443  Economy / Scam Accusations / Re: localbitcoins blocked my account without reason and stole btc PROOF INSIDE on: August 07, 2015, 11:00:08 AM
1) you say it happened yesterday.. well unlike trillion dollar establishments called banks. localbitcoins is not a 24-7 support system, so be patient
2a) you start by saying they blocked for no reasons and dont reply to messages, 2b)but then rant that they keep telling you that you need ID... a or b must be a lie.
3) if 2b is the truth, that they have asked for ID. and it has been less than 24 hours... then you have quickly jumped on the scam calling band wagon, a bit too quick.

4) be patient and more importantly be polite when contacting them. inform them to just send the funds back. politely.
5) politely ask them what their terms are to reimburse customers who have funds locked in the service
6 be polite. and patient. and again polite.
23444  Bitcoin / Legal / Re: Bitcoin becomes 100% unregulated in Japan!!! on: August 07, 2015, 02:00:43 AM
the little snippet in the news has been over exaggerated.. judges do not create regulations.. governments do.
in civil court its meaningless to even pretend that what a judge says will change anything, they just dont have the power.

the real story has nothing to do with japanese regulation, past or future.. it just means a guy lost the case because he couldnt make the judge understand how accountable kerpeles was.

 
23445  Alternate cryptocurrencies / Altcoin Discussion / Re: Doesn't Maidsafe deprecate basically EVERYTHING? on: August 07, 2015, 01:35:26 AM
safecoin lost my interest at the bit where it said no bloat because safecoin confess its own storage...
in short.. they are just a upload website with a gimmicky way of having users access data to pretend to be decentralized..
its like saying to users its decentralized because all the users download a torrent program.. but all the seeds are on safecoins servers...
much like etherium and nxt are centralized coin holders pretending to be proper decentralized blockchains..
when will the world of the 1990's centralized mysql database lovers, ever learn..

i dont even understand why this is being blatently advertised on bitcoin/blockchain based forums.. when it has nothing to do with it

Are you serious? I don't think you understand how maidsafe works and what can beachieved with it to claim that. You really think this is offtopic? It's all crypto after all and related to my question (im comparing technologies).




read it.
no blocks...

and the data is not decentralised.. its like saying that banks are decentralised because although the data is not on users computers.. there is data on computers managed by different branches of a bank in different towns.. so maidsafe is just a offshoot of cloudhosting under the false pretense of being a linked to bitcoin technology..

if the only thing that you think links maidsafe to bitcoin is cryptography.. then we might aswell say banks are cryptographic money too as their data is also secured using encryption..

encryption is nothing new or special.. but if its not on a blockchain that anyone can be part of.. then its no different to centralized  services that have been around for ages.

but i am sorry to ruin your advertising campaign..
23446  Alternate cryptocurrencies / Altcoin Discussion / Re: Doesn't Maidsafe deprecate basically EVERYTHING? on: August 07, 2015, 01:07:46 AM
safecoin lost my interest at the bit where it said no bloat because safecoin confess its own storage...
in short.. they are just a upload website with a gimmicky way of having users access data to pretend to be decentralized..
its like saying to users its decentralized because all the users download a torrent program.. but all the seeds are on safecoins servers...
much like etherium and nxt are centralized coin holders pretending to be proper decentralized blockchains..
when will the world of the 1990's centralized mysql database lovers, ever learn..

i dont even understand why this is being blatently advertised on bitcoin/blockchain based forums.. when it has nothing to do with it
23447  Bitcoin / Bitcoin Discussion / Re: New essay seriously questions Bitcoin's future success on: August 06, 2015, 11:00:22 AM


No they don't.
They buy governments anyday of the year.
If the government in discussion doesn't co-operate, some sort of fatal accident or incident will take place.


they buy the government because they need the government,, without the laws allowing banks to run.. they wont survive. if governments were not needd to survive they wouldnt even bother to buy them..
23448  Economy / Economics / Re: Is it true? Bitcoin Isn't a Currency but a Technology? on: August 06, 2015, 10:51:40 AM
Recently I have read a debate if Bitcoin is a currency or technology. It stated there that it is a technology stock and not a currency since the governments have not approved it as a currency. I wanted to know your opinion in this debate. Is bitcoin a currency, or isn't it?

heres a lesson...
currency is an umbrella term that covers many things..
it can be cigarettes traded in prisons, it can be vodka, art, it can be anything that one person wants and another person has and they agree to trade.. it does not need government approval.

'money' however, is the government stuff they force people to use based on tax laws and minimum wage laws that make it the dominant and compulsory form of currency..

so.. lets give a better comparison.. gold vs bitcoin:
gold is a natural resource
bitcoin is a technology ledger

gold is a commodity
bitcoin is an asset

gold is a currency
bitcoin is a currency

both are not money (legal tender (government accepted for debts, court fines and taxes))


23449  Bitcoin / Bitcoin Discussion / Re: New essay seriously questions Bitcoin's future success on: August 06, 2015, 01:46:32 AM
"Money is the product of society, just as Bitcoin is the product of a society of computers. Money needs the greatest human network to succeed, just as the Bitcoin blockchain needs the greatest computer consensus. This network and consensus, however imperfect, is ultimately provided by the state in modern societies, just as it was the case in the many cases of recoinage and remonetization throughout history. For as long as we have states that strong and accepted by people, for better or worse, Bitcoin will remain a substitute currency."

translation
"Money is the product of banks, just as Bitcoin is the product of social demand for change. Money needs legislation and minimum wage laws forcing the banks paper to remain and to succeed, Bitcoin blockchain needs just a non centralized consensus to succeed. For as long as we have states laws forcing fiat acceptance by people, for better or worse, Bitcoin will remain a substitute currency."

"For any currency to succeed ultimately, it needs to be accepted by government as good for payment of debt and taxes. Bitcoin is anathema to the bankers, and these financial terrorists will cause pain and death in any country that attempts to adopt it, and blame it on the currency extremists. They don't need governments to kiss and make up."

translation
"For any currency to succeed ultimately, it needs to be accepted by a majority of the population who refuse to barter with anything else. then governments would be forced to accept it too, else they would be out of a job. Bitcoin is anathema to the bankers, and these financial terrorists are just businesses. and a government can easily just let them dry up and not get bailed out. They need governments to survive."

23450  Bitcoin / Bitcoin Discussion / Re: Why hash rate dropped so much? on: August 06, 2015, 01:07:39 AM
short answer:
28 days ago it was 339 peta.. today its 350peta...

i see no problems and its not worth sweating over the randomness of mining speeds,
tomorrow it maybe 380peta and the op will be asking why so high

you will just go insane endlessly watching the changes each day wondering about causes..
23451  Bitcoin / Bitcoin Discussion / Re: Best alternative to blockchain.info? on: August 05, 2015, 06:24:21 PM
From what i've been researching since yesterday's incident (see this if not aware: http://www.coindesk.com/no-satoshi-nakamoto-hasnt-moved-a-thing/) using blockchain.info is not a good idea since it shows inaccurate data. So my question is: what is a the best block explorer out there?

best option is to use 5 explorers. and then use the results to check against each other. that way it validates the results and will always have atleast 3-5 results if one of the services dies off and another gets buggy..

dont rely on just one service
23452  Bitcoin / Bitcoin Discussion / Re: He cheated us! Here is the truth: on: August 05, 2015, 05:28:14 PM
lol.. litecoin guy.. sorry but "the associated press" got it wrong and just reported an old story thinking dorian was bitcoinsatoshi..
sometimes i  like your humour but sometimes people take what you say on face value and think its big news
23453  Bitcoin / Bitcoin Discussion / Re: Are you spending your Bitcoin? on: August 05, 2015, 04:49:06 PM
my rule is to only spend the funds i earned the years before.. that way im always in profit.

i am putting all the funds i earn this year aside and only spend them when in profit.
also i dont spend as much as i earn so it all mounts up.

but the number one rule everyone should follow is
never spend at a loss..

once you follow that, then you can decide how much to spend out of the profitable amounts
23454  Bitcoin / Bitcoin Discussion / Re: Video of using Coinbase easily on Telegram with Julia on: August 05, 2015, 03:50:11 AM
so the video says how hard it is to just do a bitcoin tx..

well..
julia.. needs you to:
1)set up a coinbase account.
2) get the telegram app
3)a getgemsbot account
4)set up julia
... hmmmm

easier to just get a coinbase account and use their own send feature.. and skip 2,3,4......... sorry julia.. you seem too complicated plus your not avoiding coinbase fee's or possibly your own fee's
23455  Bitcoin / Bitcoin Discussion / Re: Are you spending your Bitcoin? on: August 05, 2015, 03:43:39 AM
the idea about bitcoin is "saving" not spending..
i always advise people not to hold FIAT for 5-10 years as $10 today may buy 8 loaves of bread, but in 10 years it may not even buy you one.. so spend FIAT and convert excess into bitcoin to hold.

after all a bitcoin in 2010 wouldnt have bought you a crumb of a pizza.. but now just 1bitcoin can buy you 10 large pizza's..

in short:
fiat: inflationary=spend as soon as you get
btc: deflationary= save until it can buy you more thing then its original purchase value

as for what companies do.. such as those that are linked through bitpay.. those conversions do not affect the bitcoin price on the many public exchanges. simply because bitpay do private swaps and funds never touch the public exchanges, thus dont affect public prices
23456  Bitcoin / Bitcoin Discussion / Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!! on: August 05, 2015, 03:38:37 AM

How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.

there is no bug in bitcoin.. there was however a bug in the website known as blockchain.info where it displayed data wrong.. this is more evidence that people should stop trusting centralised services.. because even if they have good morals and ethics, they can still mess up
23457  Bitcoin / Bitcoin Discussion / Re: Science have proved that we are criminals rather than libertarians. on: August 05, 2015, 03:18:40 AM
science has nothing to do with google trends..
if a person is not playing with cells, atoms or forces of motion.. then he aint a scientist. i would have believed the article more if the kentucky researcher described himself as a researcher or statistician.. but if he cannot even understand his own job title or job description.. then what he reports is not really going to hold weight
23458  Other / Meta / Re: buying trust from me!! on: August 05, 2015, 03:14:09 AM
hey mates from somedays when I was surfing on bitcointalk some people's are asking me to give them +ve truse as they will offer me a price in return.so I generally ignored them..but is this kind of servic is avalible here in bitcointalk to buy trust with money..for me it doesn't make sence..and also tell me what are the advantages of +ve trust

people who buy trust. know they are going to somehow make their money back. .. the answer is simple if it costs them $100 to get 10 people to write positive trust. they can then scam people and use your name as the 'guarantor'. meaning they can scam $10,000+.. at a $100 cost and leave you with the blame for giving your fake trust to them
23459  Bitcoin / Bitcoin Discussion / Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!! on: August 05, 2015, 02:32:35 AM
satoshi only has 50 BTC?  Huh
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands

23460  Economy / Speculation / Re: Bitcoin 10k when? on: August 05, 2015, 02:04:15 AM
I think that is a really difficult achievement,maybe 2k in the long term

if you include the dollar devaluing. where a loaf of bread will end up costing $15+.. then it makes it easier for 1btc to be worth $10k, much the same as 1btc is worth 35527 japanese yen.. simply because a single yen is worthless
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