A closely related problem is finding a way to move Bitcoins off the main block chain and into another system in such a way that they can be retrieved by their new owners in the Bitcoin block chain without a central authority. Why do you need to move them off the main chain? Isn't it enough to mark them or color them? https://bitcointalk.org/index.php?topic=106373.0 |
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becoin, can you send me the escrow code that casascius generated for you I'm sorry, mrb, but I've deleted those PM's the same day I received them. I've warned you I'm not gonna play the little game of a betting junkie! I'm not too familiar with casascius escrow tools but as far as I know you should be able to collect your funds by getting those codes from the escrow agent (casascius)? If he has also deleted his PM sent to me and lost them then your only chance is to contact forum admin and try to recover the deleted PM? Hopefully they keep some archive of all deleted PMs. |
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This is actually a very hard problem.
I agree. Transaction fees are big issue for BTC as well. |
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For example, people will always be able to buy XRP from you at $0.001 How about 1 satoshi instead? |
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rzSVmdGWQvrZxwh8FjsgKbnY1qyyLRFxk
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I watch the culture of BFL-influenced mods censoring anti-BFL postings I was very surprised to experience this myself. One of the mods is really a disgrace for this forum! |
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It's just that since you haven't shown any real scamming you propably need more.. eeh.. 'stuff'. A confidence trick (also known as a scam) is an attempt to defraud a person or group after first gaining their confidence. A confidence artist is an individual operating alone or in concert with others who exploits characteristics of the human psyche such as dishonesty, honesty, vanity, compassion, credulity, irresponsibility, naïveté, or greed. BFL is a scam. There is no doubt about that. |
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#2 your distinction between forward/backward money is irelevant. whatever is used as money: sea shells, stones, gold, tokens, electronic transaction account money, etc., is as good as anything else as long as it is accepted in places where you wan't to spend it. You don't really understand what money is? You don't really understand what are the consequences for the economy of the very fact of "having money". Saying that forward/backward money is irrelevant is equal to saying that there is no difference between postponed consumption and postponed austerity!? Postponed consumption is capital. Postponed austerity is just more debt to be paid by the future generations! |
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Sent on my end. I don't understand what this bet exactly is about? |
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- a natural disaster hits me and takes my home and equipment Haven't you said you have only a car? don't have much assets as well - I rent the place I live and selling my car would probably get you less than 100 BTC. |
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I am holding too much money for the forum. This is contrary to the forum's otherwise decentralized structure. I'd like to get some extremely trustworthy people to hold smaller chunks of the forum's money (maybe 250-500 BTC per person). Actually this is a very interesting question. This might set future model for bitcoin security banks. Banks not in the sense of an enterprise taking deposits and giving loans for profit but banks for distributed cooperative security where there is no single point of failure. Of course 100% reserve requirement is a must! |
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Nobody has found a way to force cooperation. Of course, if someone is willing to serve prison term instead of cooperating with their creditors, then nobody can force them do anything against their own will. |
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CURRENTLY, while we do not have an agreement, M4V3R can stop the service tomorrow when he wants to, but not anymore after an agreement to transfer the site has been "signed". - Practically this service has already stopped. So, stopping the service is kind of funny threat. - What is this agreement? Can you post the draft here? - This owner has already broken the agreement he had with his customers. What will stop him from doing same again? I don't believe he has lost all the bitcoins. No one can guarantee that he isn't just trying to "sell" bitmarket.eu for 40K bitcoins to his customers. I'm sorry to say that but the only guarantee is well known for centuries - the prison! |
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The site is reopened under new ownership, independent from the old site. I don't get this. What is the point of reopening the site under new ownership if old owner can stop the service whenever they decide to do so even under the new ownership? The Liquidator can, of course, FORCE old owners to fully cooperate! If old owners choose to fully cooperate they get minimal possible sentence. If old owners obstruct the Liquidator then they obstruct the law and get maximum possible prison sentence for criminal offenses. |
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The liquidation in fact would mean that the website closes entirely and legally it is part of the liquidation mass as it might have some value. No! Definitely not! Liquidation means that the Liquidator will decided if this site will continue to do business as usual or will stop. If this site is making money then it will continue to operate as usual. If this site is losing money while conducting their business, then it will be stopped. |
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Yeah, the so called "well established bankrupcy procedure" is always possible. There is a reason why bankruptcy procedures are well established and proven practice. I was also considering this option for my frozen coins, since it is the "official standard procedure", but out of my frozen 620 coins I would get back maybe 50 after one year You don't have "frozen" coins for there are no coins at all. In this case "frozen" is just an oxymoron for missing! You can get some coins only if bitmarket.eu makes profit in the future. one would need the admins support to learn how the site works So, you are ready to live with the constant extortion of shutting up this website and losing your "frozen" coins? I (personally) am also not willing to bid for an auction for the website in case of liqudation The liquidation in a bankruptcy procedure doesn't mean that this website will be liquidated. Liquidation means that creditors will get best possible price for the service and that current owner will be held responsible including criminal charges! Only then you can be confident that current owner made their best efforts to compensate creditors! |
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If you take this guy to court, do you think you, or anyone else would get even a PENNY back? Of course. There is a well established bankruptcy procedure that has to be followed. Bitmarket.eu must be put on for an auction and proceeds shared among creditors. If this service has any value then creditors will get something back. |
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I was a bit worried about how people will react to this questionaire, but I am very positively suprised. If things continue to progress in this direction, we may be able to handle this.
The first question that needs to be answered before any other question in any other questionnaire is how do you intend to repay your debt to bitmarket customers? |
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If you match this 0.1 BTC, I will send 10 BTC, then 100 BTC, then 1000 BTC, then 20000 BTC. Progressively increasing the amount each time. You told me you can bet up to 1000 bitcoins and now your offer is for 20000?! I don't take you seriously. Do you really think I'm gonna invest time in verifying terms and conditions of your bet with Micon and studying casascius escrow system just to play the game of a betting junkie? For the record... ASICs for cryptographic purposes have been created more than a decade ago. It is not a rocket science to create one for bitcoin mining. I wrote about that before I even came across your betting addiction on this funny thread. Read about it here https://bitcointalk.org/index.php?topic=136615.0The question is not if BFL is going to deliver "something" like a bitcoin mining ASIC. After almost a year of delays even my grandma can deliver an ASIC if she collects 20 million from greedy brainless sheeple and outsources every possible aspect of the ASIC creation... With so many millions collected from the sheeple, BFL got the chance to deliver something in due course but they are so incompetent that they have missed it! They have started as a scam and will end up as a scam. Why? Because BFL fans will get back only a fraction of the value they have invested. To sum it up, you are probably on the bottom list of the people on Earth that I would care if my thoughts are liked or not. So, stop trolling and sending spam to my pm box. Wait, did I get this right? Wait, did you read it? I'm not changing anything. I'm very straightforward on everything I wrote about BFL! They are scam! Period. |
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