South East Asia, you can live emperor
LOL. You mean Asia - the south east Asia countries like Singapore and Malaysia is getting increasingly expensive to live in. A small (<2000 sq. ft) landed property in Penang, Malaysia for example would cost you upwards of $300k... Singapore is even worse in this regard. Yeah but you can still rent at pretty good rates in Malaysia. Not in Singapore though. |
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Italy wins... two is always better than one.  |
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This is one of those issues that would have been discovered sooner or later, but we should be especially glad that you discovered it before someone with more malicious intent did. It's a hard lesson for any online wallet service.
They didn't stop it. He published the post and Instawallet shut down a little while after. I would bet a lot of people raided wallets while they could. |
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I remember your first post about it.
They way they just brushed you off...now look what happened.
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There are about twenty or so of us in Brighton; I'll see what the interest of the others is like as most of them are not on this forum.
Brighton seems to me like the sort of place where bitcoin could really catch on. I know a few people down there, some of them are programmers and were mining litecoin a little while ago. Are you guys at uni by any chance? It's already caught on in Leeds. People are ordering 1000's of bitcoins worth of non-descript packages through the post everyday! They just like to keep a low profile though, because, you know... |
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If only we could drop the Bob and Alice thing, which has been overused for the last 30 years. How about Jack and Jane?
No way man. Alice and Bob are the superheroes of cryptography. |
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You point out another major problem with bitcoin: No incentive to hard fork to fix major problems unless you and others who think like you hold large amounts of bitcoins.
Just like you mention, there is much more incentive to fix problems with bitcoin by starting a new blockchain and fixing the problem while gaining new coins. When the problems in bitcoin manifest, people will naturally want to move their money to a coin that provides solutions.
Why bother fixing bitcoin when you can get rich spawning a better blockchain? Of course this only works if the problems in bitcoin are real and unaddressed.
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I can't even believe people are trying to argue that this bet should have gone the other way.
Talk about delusional, jeez.
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The hacking lie seals the deal.
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Is there anyone on earth who actually likes PayPal?
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I wonder what the target market for a product like this is? I know it says digital forensics investigators, but I would assume any professional is doing this already.
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I think I got most of them, in off topic at least, there may be more scattered around.
I owe you a beer. Thanks! |
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to everyone else, scam free since last posting!  Good to hear. |
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10 more rep thread creators added to my iggy box. This is absolutely insane. What I am noticing, When I go to ignore the OP of a rep thread in off topic, who ever replies in these are already ignored from creating a rep thread. I see a pattern here.
Yeah. I mean it just screams "don't mind me, i'm just setting up my next scam!" to begin with. I bet 90% of those posting are just scammers. |
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After reading this thread I would never consider using this service.
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I guess that Mark Karpeles and Peter Vessenes trusted each other for a few months while their contract was drawn up and signed.
Who needs trust when you have a contract that specifies 50 million in damages if broken... |
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By the time this ever becomes and issue bitcoin will likely be irrelevant.
Nice argument. Let's just go with that and forget about it. But wait, what if proof of work based cryptocoin networks aren't just an irrelevant fad ??!!??!!? So what about changing the incentives around to prevent what you predict? What changes do you suggest? |
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