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2601  Bitcoin / Bitcoin Discussion / Re: Storing cyrpto for clients on: February 22, 2019, 06:50:25 PM
2-of-3 multisig is a good solution. You hold one key and your client holds two, one of which is kept in a secure location. This setup prevents anyone with your key as well as anyone with only one of the client's keys from stealing the coins. This setup requires both you and your client to approve any movement of the coins, though the secured key ultimately gives the client full control over the coins if they need it.

These people can help you: https://thirdkey.solutions/
2602  Economy / Exchanges / Re: Coinbase Lien? on: February 22, 2019, 06:35:37 PM
I wrote this in the other thread that you started on this subject:

It is a legal issue that is not specific to Coinbase.

Here is an article that explains it: https://ftalphaville.ft.com/2015/03/24/2122678/bitcoins-lien-problem/

In general, if someone uses an asset for collateral on a loan and they sell the asset and later default on the loan, the lender can legally force the buyer to give them the asset. Bitcoin is not immune to this law. So, if someone using their bitcoins as collateral sells them to Coinbase and Coinbase sells them to you, you could be forced by the law to to give the lender your bitcoins.

Stolen bitcoins have the same issue. If you inadvertently or indirectly buy stolen bitcoins, you could potentially be forced to return them.

My own opinion is that it could get messy for a couple reasons. There are no actual bitcoins and bitcoins are quite fungible. Who can say who has the bitcoins? Also, if you deposit them in another exchange, wouldn't that instantly make it someone else's problem?
2603  Other / Beginners & Help / Re: Coinbase Lien? on: February 22, 2019, 11:02:31 AM
It is a legal issue that is not specific to Coinbase or Bitcoin.

Here is an article that explains it: https://ftalphaville.ft.com/2015/03/24/2122678/bitcoins-lien-problem/

In general, if someone uses an asset for collateral on a loan and they sell the asset and default on the loan, the lender can legally force the buyer to give them the asset. Bitcoin is not immune to this law. So, if someone using their bitcoins as collateral sells them to Coinbase and Coinbase sells them to you, you could be forced by the law to to give the lender your bitcoins.

Stolen bitcoins have the same issue. If you inadvertently or indirectly buy stolen bitcoins, you could potentially be forced to return them.

My own opinion is that it could get messy for a couple reasons. There are no actual bitcoins, and bitcoins are quite fungible. Who can say who got the bitcoins? Also, if you deposit them in another exchange, wouldn't that instantly make it someone else's problem?

2604  Economy / Scam Accusations / Re: Is cryptonbnb.com a scam website? on: February 22, 2019, 02:26:58 AM
It is obviously a scam.

If your trust rating matters to you, I recommend that you delete your post. Creating a thread to ask a question about a scam site is a common way for a scammer to promote it, so someone might assume that you are promoting it and brand you with negative trust.

It is probably better to ask in the original thread (though it will probably get deleted eventually anyway).
2605  Other / Off-topic / Re: Flat Earth on: February 22, 2019, 02:08:08 AM
Bonus question: how many flat earth proofs we can see in real photo above (not nasa artist impression or painting).

I would say that the clouds going below the horizon in the picture (and the sun about to) are probably the strongest proof of a flat earth. Or maybe not.
2606  Bitcoin / Bitcoin Discussion / Re: How much Bitcoin will be circulated within 2030? on: February 21, 2019, 08:13:38 AM
As title says, how much BTC will be in circulation within 2030?
The current circulation is about 1800 bitcoin per day. How can I calculate the possible circulation within 2030?
I have come to know that within May 2020, the rewards per block will be halved and eventually, there will be 900 bitcoin mined per day. So, when will be the next halving?
Is there any calculator which help you to calculate the circulation of BTC?

I think you are confusing circulation with mining production. They are not related. Bitcoins aren't consumed, so the bitcoins mined yesterday are in circulation today, too.

Anyway, this page shows the production schedule: https://en.bitcoin.it/wiki/Controlled_supply
2607  Other / Off-topic / Re: Flat Earth on: February 20, 2019, 12:20:52 AM


Carl Sagan said that THE EARTH IS FLAT -- https://youtu.be/kszaKFY9O50

Ok, now I know you are trolling. That isn't Carl Sagan.

That's Johnny Carson impersonating Carl Sagan.
2608  Other / Serious discussion / Re: The mind of a HODLer on: February 20, 2019, 12:09:39 AM
Do other members have these difficulties, or do they not try to combine the attitudes of a HODLer and a trader?
Attitude/ideology of HODLer and trader are very different, i simply can't see it can be combined.

I agree. In fact I consider them to be completely opposite.

A HODLer accumulates bitcoins for the long term and considers short term fluctuations to be irrelevant.

A trader is only concerned with short term fluctuations in order to make money regardless of what happens in the long-term.
2609  Other / Beginners & Help / Re: Is it possible buy BTC at lower price than exhange? on: February 19, 2019, 09:56:38 PM
If I would buy Bitcoin or any other crypto coins at lower price than exhanges, is it possible?
Where?

Unless someone is being generous, exchanges are probably the cheapest places to buy BTC because they are the most efficient.

Also, be very wary of sites that will sell you BTC at big discounts or offer to buy your BTC at much higher prices because they are probably scams.

2610  Other / Off-topic / Re: Order of Operations on: February 18, 2019, 01:52:46 PM
Personally, I prefer

ax2+bx+c

to

a(x2)+(bx)+c

and similarly

a0+a1x+a2x2+a3x3+...+anxn

to

a0+(a1x)+(a2(x2))+(a3(x3))+...+(an(xn))
2611  Other / Beginners & Help / Re: Coinbase Lien? on: February 17, 2019, 11:26:31 PM
I heard on a podcast that someone stated that the bitcoins one purchases on coinbase have lien on them and it follows that bitcoin. Would appreciate anyone that could give clarification on this.

I have never heard this. Can you provide a link to the podcast? Anyway, since bitcoins don't have titles associated with them I think it would be difficult for the lienholder to recover the bitcoins sold to you.
2612  Other / Serious discussion / Re: What do you do when you see a fly? on: February 17, 2019, 08:54:49 AM
What do I do? I swallow it.

I don't know why I swallowed the fly. I guess I'll die.
2613  Other / Serious discussion / Re: I've just received this scam email. on: February 17, 2019, 08:50:35 AM
Those extortion emails were common several months ago. They included usernames and passwords (that they got from hacked web sites), so they seemed very convincing.

These scammers didn't provide any info to back up their claims, so it's probably just some script kiddies that are just spamming email lists. I would ignore it. Its not worth any more of your time.
2614  Other / Off-topic / Re: Why do nigerians & indians love to scam? on: February 17, 2019, 08:37:39 AM
Why do you single out Nigerians and Indians? Should't any scammer, regardless of their origin, find something better to do?
2615  Other / Off-topic / Re: Flat Earth on: February 17, 2019, 12:40:11 AM
Sun as a 32 mile wide projected light, reflected off of a concave mirror ...

I'm trying to understand your model better. I have two questions:

1. When it sets, the sun appears to go below the earth. If the sun is reflection on the dome 3000 miles above the surface of the earth, then how does that work? I guess the question also applies to the moon, planets and stars, since they all rise and set, too.
2. Do we know where the projector is located?

2616  Other / Serious discussion / Re: Bitcoin history, a fact for each day! on: February 16, 2019, 03:15:25 AM
May 17, 2013: The first major Bitcoin Conference was held at the San Jose Convention Center.
August 17, 2012: Bitcoin Savings & Trust, the biggest Bitcoin-based Ponzi scheme, collapsed with victims losing millions of dollars.
November 19, 2009 - I (typo) Satoshi created the Bitcointalk.org site.
2617  Other / Serious discussion / Re: Blockchain in Healthcare on: February 16, 2019, 03:09:54 AM
http://lmgtfy.com/?q=blockchain+in+healthcare
2618  Bitcoin / Electrum / Re: Electrum "Attempt to read past end of buffer" Error on: February 16, 2019, 03:06:16 AM
Try posting here: Bitcoin Forum > Bitcoin > Development & Technical Discussion > Alternative clients > Electrum
2619  Other / Off-topic / Re: BOYCOTT AMAZON - my experience working in a fulfillment centre on: February 16, 2019, 02:28:56 AM
You want us to boycott Amazon because you didn't like your job? Must we boycott every company with an employee who doesn't like their job?

From your description, it doesn't seem like you were being exploited. It seems more like you weren't good at your job and you weren't willing or weren't able to improve. There is no good job in the world (except in government, of course) where the employee isn't required to meet minimum standards and isn't encouraged to improve their speed and accuracy. Oh, and getting to work on time is such a basic work requirement. If you can't do that, you'll have problems where ever you work.
2620  Other / Beginners & Help / Re: Is block-chain 100% secure on: February 16, 2019, 01:55:05 AM
I want to add one final point. If I say the probability of some it 10^-60, this doesn't mean that probability is the last one to happen. If I have a 10% chance to win something, this doesn't mean I will win in the tenth trial. So this 10^-60 or more probability doesn't mean that collision in the 10^60 block. It might happen earlier.


While that is true, here is one way to think about it. The probability of you and everyone you care about dying this year is many times higher than the probability of a collision. So, which is the more important problem?


One more question, is it possible to reconstruct a block-chain from the last block only? If I used the last block hash code and did a reverse hashing, this is supposed to give me the data of the previous block. Then I use the previous block code to reverse hash an earlier block data, and so on.

No. A hash is like a fingerprint. You cannot construct a person from a fingerprint. With a hash, you can identify a block and validate it's authenticity, but you cannot reconstruct it. That is a basic feature of a hash -- it's a "one-way" function.
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