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2781  Economy / Speculation / Re: Every Sing Friday price drops. on: June 15, 2013, 01:51:07 AM
it was what $12 6 months ago near that I recall just recently people thinking it would never go over $50 for ages
2782  Bitcoin / Bitcoin Discussion / Re: Boycott 0.8.2 on: June 14, 2013, 09:28:47 AM
Gavin has an ego and it needs to be under control, he is doing interviews now instead of fixing the blockchain bloat the correct way, not thru censorship of transactions. WELCOME TO BITCOIN BANKING!

even if Gav did have an ego, so what, who said that's bad? might make him a better DEV

2783  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 12, 2013, 04:45:51 PM
why is the host provider not sharing the cost of this loss for there errors?

Because their is not spelled that way; because it's not part of their business model; because you sign disclaimers when you get cheapo shared accounts; because linode didn't when it fucked over slush. Take your pick.

fdddk illogical spelling I use contextual phonetic spelling always have (this is why korean is = best lang)

no I am seeking the logical reason, not any legal reason even if what you say is true, which, is really superficial.
2784  Bitcoin / Development & Technical Discussion / Re: Bitcoin source code is a giant mess on: June 12, 2013, 04:39:22 PM
heretical as it is

I think goto's are fine, they are just unfashionable

but fast and handy.

2785  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 12, 2013, 03:17:40 PM

Kumala

why is the host provider not sharing the cost of this loss for there errors?

also I don't think Kumala did this to self, as the dvidends would be worth more over a few year to him, and the selling of his stock vs loss of rep and thus exchange value.


I can not believe the all round incompetence though, as I said in the other thread, why don't you use a special code that only you know and you r provider will not give out ay info without it.

ID is not enough
2786  Economy / Securities / Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public on: June 12, 2013, 03:09:18 PM
There is no breach in contract, the dividend payment is inline with the result of request for vote #16.

Kumala

How could it not be a breach of the contract even after the passing of vote #16 for whatever reason some people voted yes on that proposal ?

Vote ID #16 at cryptostocks the vote in Vircurex you mention Kumala:
"Change current process of paying out complete revenue as dividend to paying out 70% of the net profit as dividends and retain 30% of the net profits to increase the NAV until NAV reaches the value of 0.25."

Profit for May one think should have been in the neighborhood of the same as April(an up-going trend that was temporary stopped by the security breach and a few days with service not working 100%) if you diden't temporary lower the fees(to 0,1% was it ?), that might be a good thing in the long perspective(to keep customers that otherwise may go trade there coins at another exchange where that was possible) to do, but was probably negative(at least for that month) to the minority(public 30%) shareholders, so such thing you should probably have taken a vote on before doing.

Well anyway, profit was 130.65 BTC according to the May 2013 Report for the month May, if one considers full profit(0,5% fee) for 1/3 of the months volume and 1/5(0,1% fee) on the volume for 2/3 of the month then Vircurex actually trades pretty good volumes in May, volume up 11% even thou the problems you had that month.

Dividend that should be paid out according to the contract should then be 130.65 and if you had not reduced the fees probably up to around 280 BTC

Dividend according to the vote you mention, if that vote's result is a legally binding reason to change the dividend rules set in the original contract. 130,65*0,7= 91,455 BTC and around 280*0,7= 196 BTC if you had not reduced the fees for May.
The retained BTC to raise the NAV then becomes 39,195 BTC or around 84 BTC if you had not reduced the fees for May.

The shareholders(30% public shares) that effectively have voted to give away 8162*0,25=2040,5 BTC (if the vote is reason to change the original contracts rules) of there dividend for the first 12 months period when the majority owner is not entitled to any dividend to build up NAV value, effectively giving away 2040,5*0,7= 1428,35 BTC to the majority owner, you Kumala,
Those shareholders you have decided that you should punish and take another 91,455 to 280 BTC from this month and around 2300-2400BTC in total(1454 BTC 23 400 LTC and 225 263 TRC) the coming months without any support for the actions you have taken in either the contract or the votes you mention.

Would you care to answer the other questions in this thread https://bitcointalk.org/index.php?topic=226366.0





this, your shifting wealth while it doesn't effect you, to you!
2787  Bitcoin / Electrum / how vunerable is electrum to this privatekey crack? on: June 12, 2013, 02:11:36 PM
http://www.nilsschneider.net/2013/01/28/recovering-bitcoin-private-keys.html

is it at all do able with the psedo random generation seed for electrum.....?
2788  Bitcoin / Bitcoin Technical Support / Re: Encrypted wallet.dat, lost password, any solutions? on: June 12, 2013, 10:18:55 AM
Is there a way of extracting the private key from the wallet ?

Im using the latest QT version i have tried a few methods here in total i have tried 1 million + passwords so far

Would it be possible to load an old version of the QT wallet ?

i think it has 16 characters + maybe 2-4 more  Sad

if you have an old (unencrypted) version of the wallet, copy it several times, before you do anything

you can use pywallet to extract all the keys.
2789  Bitcoin / Bitcoin Discussion / Re: Will a shorter block time be helpful or harmful to Bitcoin and its future? on: June 12, 2013, 09:44:21 AM
don't you need more confirmations to get the same security with shorter block times, also, I'm not sure how this would go for mass uptake

eg, when I shop, it takes the visa card about 1-3 seconds to confirm (its a pre-auth I think), and I am not sure a 1 sec is really possible with current tech, eg you would need 0.1 sec confirm to get 10 confirms and you still do have very poor security,

I may be wrong, but it a network propagation issue, that I think there is a solution by some sort....
2790  Bitcoin / Bitcoin Discussion / How long until "satoshis'" make in into the (oxford) dictionary? on: June 12, 2013, 08:21:47 AM
How long until "satoshis'" make in into the (oxford) dictionary?

never, soon?

or other

write the definition you think should be there...!
2791  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will be used to pay employees? on: June 12, 2013, 08:19:02 AM
With a limit of 21 million BTC, how can a company expect to continue paying their employees? Where will they get the bitcoin necessary to pay them?

they get paid in satoshis, by that time
2792  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin Proof of Stake Minting Setup Guide on: June 12, 2013, 06:30:35 AM
does it matter if I have balances on different addresses in the same wallet

does sending coins to a new address in my wallet destroy coin age?

even if the coins do not move, ie comes up send to self.

how long does it take for 520 block to go, ie until I can use the coins that I have been using since I used them for minting, once I stop minting

my current client says 0.3.0 beta do I have to upgrade?
2793  Economy / Securities / Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public on: June 11, 2013, 11:25:12 PM
There is no breach in contract, the dividend payment is inline with the result of request for vote #16.

Kumala

why is the host provider not sharing the cost of this loss for there errors?
2794  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 11, 2013, 11:18:35 PM

NewLiberty(250uAC) = Wallet[ACL1B3RTY|NewLiberty]->SendAbstractCoins( AC33M450N|OWSLEYBEATSBIGCARTEL, 250 );


confirmed
2795  Alternate cryptocurrencies / Altcoin Discussion / [ANN][AC]|AdamStgBit|0.3.0 launch and give away 10 x u50 bits on: June 11, 2013, 03:15:30 PM
adamstgBit(7000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( ACJZ777|Jubalix,  2000 );
confirmed

Ready to give away 10 x u50 adamstgBit as long as you agree to give away 5 x u5 adamstgBit (honor system)

read the method its really easy, you just quote chain.

https://bitcointalk.org/index.php?topic=224873.0
2796  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 11, 2013, 01:55:20 AM
Could the units be clarified ie what u stands for? eg 10e-6, 10 e -3 or other.

u in SI  = micro = 10e-6

but you of course can define whatever you want
2797  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 11, 2013, 12:49:21 AM
adamstgBit(9000uAC) = Wallet[AC0m97S1|adamstgBit]->SendAbstractCoins( AC420C0IN|Killerpotleaf,  500 );
confirmed
2798  Alternate cryptocurrencies / Altcoin Discussion / Re: [Experiment] Abstract Coin 0.3.0 on: June 11, 2013, 12:48:03 AM
CreateAbstractWallet(ACJZ777|Jubalix);
2799  Bitcoin / Bitcoin Discussion / Re: Announcing Project Invictus: a P2P Exchange Collaboration on: June 10, 2013, 12:19:18 PM
I laud the effort and will watch closely

however I have seen a few of the P2P exchange threads now full to the brim with details,  if as much time was spent coding as writing these long descriptions, we would have P2P exchanges by now, eg satoshi coded bitcoin before writing how it worked
2800  Alternate cryptocurrencies / Altcoin Discussion / Re: [PPC] [PROPOSAL] PPCoin Online Stake Safety on: June 10, 2013, 11:52:08 AM
if I get this right you are formulating a way to aggregate individual person coins, into a large amount (on one address?/location) but each person can pull their coins at any time without hindrance, and thus maximize security and minting?

Also is there a good thread about minting?
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