What do they know about bitcoin?
Shouldn't this thread belong in the bitcoin section, not the offtopic section?
Why, it's not specifically bitcoin related, it's about a project that happens to use bitcoins. |
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I will add that tomorrow, I'll try to get you php, python and even Ruby if possible, it's 1:30 am here so I'm not doing it now. Do pay if you'd like to use it.
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What I find interesting is how this is the second time that a scammer has been dealt with by the community itself, without the need to involve law enforcement(and they couldn't do anythin anyway!).
This is a milestone.
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So - not to give them ideas, but they will think of this themselves anyway - all they have to do to pass is to have the means to buy 6 BTC and pretend to buy something from their "company"?
I guess that would work. However it's a little more complicated than that. These are relatively poor students. Of a class of 100, 3 have computers. And then they would need to find someone who accepted yuan for btc, and no one does because almost no one else in China has btc. They could exchange to USD and make a deposit to mtgox or something similar, perhaps the entire class could pool their resources together and do this. If they did I would be quite surprised, and not nessisarily in a bad way. But I believe in class I did emphasise that is was to be gotten through trade. So maybe they just won't think of it. |
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Nefario, I think it is great project for students too. I, personally, love such group projects. In my recent study towards masters in information security we had a group project where 5 teams of students prepared a model of a website with public and private information to given specs and on the 'war day' all groups attacked each other with goal to protect own private information and recover private information of opponents. It was lots of fun. Of course, my group won.  (it is not easy to break into hardened freebsd). There is more to that story, but this it not the place to tell it, unfortunately. What is your opinion of OpenBSD with regards security and as a production system? |
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This stuff, really depends on which country you are in. In England it would make perfect sense to sue both paypal and bank. Though these days suing banks over overdraft charges is more difficult.
I sued a few major banks over overdraft charges a few years back and they all settled in the last moment.
There is also interesting legal stuff going on regarding credit card agreements, apparently half of the population does not really have to pay back some debts. More specifically nearly every Consumer Credit Agreement issued before 2007 is in some significant way faulty. Which prevents banks enforcing the debt if defaulted.
Thats really nice |
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I'm interested.
I understand we can't mine, but can we run a bitcoin client?
Sure if you can get the client to run. I'll pm you an account, you can give it a test then let me know what you think. |
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Is anyone using trade bots on mtgox?
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Actually I'm doing this for some selfish reasons.
My students are ok, but lazy. This caused me a lot of work last semester and I'm a little anonyed at them. I worked hard preparing lessons and they often had no interest or made no effort.
For group projects there were some who worked and other who didn't. I hate this.
So I wanted to force them to do as much work as possible, as revenge. But at the same time cut down on the time I need to prepare for each class. With this way the students do the work not me HAHA.
I also want to make a kind of guaranteed investment. Even if it's small. So what better way to make the investment work than by academic fiat. Those who make a return pass the class, those who don't fail. It also means that they must come to class otherwise they lose a lot of marks.
And on top of that it will spread the information about bitcoin.
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Use the principle of dollar cost averaging where you buy some coins each week and over time the return should even out and you wont have to keep timing the market.
Yes but...I have no dollars  So it's speculation for me. Well not really, I have the various ventures I'm involved in. |
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Yes this is where I got my forum name. I think it is sad that Toy Story 3 won the award and not Despicable me.
I really like that movie.
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50 BTC sent, txid fa29552286adfa2a4456bc08557110caaef7261caa041a694137bc2f5ec353d9
Got that. |
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Is this even legal in China? 0.0
Well, bitcoin itself, being used as a currency for normal goods and services in China no it's not. Giving students "play money" to "trade" with each other and with foreigners online for educational purposes I think is ok. Anyway, it would take the government to come out and specifically state "You can't use this" to make it illegal. As long as I'm not operating an exchange(which I no longer do  ) then it's fine. |
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here goes your anonymity
Possibly. However I still have a chance, unless someone is actually looking for me and questioning the students as they start showing up on the forum. |
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No, send to this address, and I will keep this for Chinese translation payments.
15ews9UAaRk1kUFdF6XR2fMj5Lp95suXNg
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There are currently 5.49 million BTC in circulation, and 1050 reachable nodes running. Statistically, we should each have a little over 5228 BTC. Which one of you took my share?
This is a fact of life in any remotely free market system, there will always be a few who have the highest share of wealth. However with bitcoin it will be due entirely to fair, free market forces at play, instead of politics or government favors etc. |
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Oh, I had assumed that they were going out in the wild. If they are just trading with each other, the amount of money is irrelevant.
Exactly, but at the same time, they're going to be trying to offer goods or services to those on this forum. I gave them 2BTC, their company needs 8BTC to pass, they're not going to get this just trading with each other. At least not without most companies losing and only one winning, which may happen. I have no idea what they're going to come up with. But one thing is for sure, a good few of them will be on here. Oh also, this won't expand nodes in China, at least not yet as they will be using mybitcoin accounts at first. Most of these kids don't have computers, they'll be using the college libraries. |
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Could be, I found this drop quite exciting.
Something I've learned is that I am not a good currency speculator.
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