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301  Bitcoin / Bitcoin Discussion / Re: CODY WILSON PLANS TO DESTROY THE BITCOIN FOUNDATION on: December 28, 2014, 10:26:09 PM

This is a better one imho: https://disband.it/218/arcanum-imperii/
302  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.10.0 has been released on: December 28, 2014, 10:06:48 PM
Why isn't this listed on the forum news link above? It still shows 0.9.3.

It's still a release candidate.

You should change thread subject to let the people know that is a release candidate rather than a final one, no?

update: thanks, well done.
303  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 23, 2014, 10:27:00 PM
what is "constant time"?

Improved signing security

For 0.10 the security of signing against unusual attacks has been improved by making the signatures constant time and deterministic.

This change is a result of switching signing to use libsecp256k1 instead of OpenSSL. Libsecp256k1 is a cryptographic library optimized for the curve Bitcoin uses which was created by Bitcoin Core developer Pieter Wuille.

There exist attacks[1] against most ECC implementations where an attacker on shared virtual machine hardware could extract a private key if they could cause a target to sign using the same key hundreds of times. While using shared hosts and reusing keys are inadvisable for other reasons, it's a better practice to avoid the exposure.

OpenSSL has code in their source repository for derandomization and reduction in timing leaks, and we've eagerly wanted to use it for a long time but this functionality has still not made its way into a released version of OpenSSL. Libsecp256k1 achieves significantly stronger protection: As far as we're aware this is the only deployed implementation of constant time signing for the curve Bitcoin uses and we have reason to believe that libsecp256k1 is better tested and more thoroughly reviewed than the implementation in OpenSSL.

[1] https://eprint.iacr.org/2014/161.pdf


A countermeasure against

http://en.m.wikipedia.org/wiki/Timing_attack

?
304  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 21, 2014, 04:20:55 PM

WTF!  Where are the dozens of posts to this thread?  I cypherdoc collapsing?  One would not think so.  BTC hit $330-ish...I would have expected to see the guy and his minions going balistic with glee.  Like this:

  https://www.youtube.com/watch?v=M1owcncKCHg

(Probably he's out for x-mas or some such.  Happy holidays all.)


We are running out of sidechains doping Smiley

Joking aside I prefer quality over quantity by a long shot.

Happy holidays everyone.
305  Bitcoin / Development & Technical Discussion / Re: 0-confirmation transaction replaced with bigger fee. Is it possible? on: December 20, 2014, 06:07:58 PM
Hello

I have a question about replacing transaction with smaller fee by the same transaction (same inputs) with bigger fee. As far as I understand it should not be possible because if miner has in its pool transaction which spends an input it will not accepts any other transaction which uses the same input. However everybody says that miner choose always by fee/kb ratio, so maybe from miner point of view pool content is not important and it accepts all new transaction as long as they are OK with previous blocks. Additionally in every manual for 'my transaction with small fee stacks' everybody says that you need to wait until transaction disappear from miners mempool. But my question is when it can happen since most of miners do not restart they machines at all. So is there any timeout for transaction?

Fwiw peter todd already implemented this idea, have a look:

https://github.com/petertodd/replace-by-fee-tools

And on this thread you can get more info:

https://bitcointalk.org/index.php?topic=199947.0

If memory serves there should be something also on bitcoin development mailing list
306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2014, 11:17:38 AM

Greed is good.
I'm very happy that there are more people offering liquidity at lower prices when we get there.
I will defend the bottom @220 as well. Whee, cheap coins. Much profit.

sorry if already answered, but do you care to share why you think @220 will be the "real" bottom? (serious question)

Lots of technical stuff combined together (seriously) and then a ritual with a crystal ball (less serious).
Nobody knows for sure 100%.
I will go all in at 220 while my girlfriend is unemployed and we struggle to pay the bills.
I see it as a very good opportunity to solve some financial problems.

edit: or to go bankrupt Grin;D;D haha. But who gives a fuck, it's only money Grin
I have a nice job and good health, so I don't have a problem with taking the risk.

thanks for your answer.

p.s. I wish you all the best with your investment strategy
307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2014, 10:42:50 AM
why people already talking about buying?

plenty of time to buy till lower 200/

Think you might be getting a bit greedy there, champ?

Greed is good.
I'm very happy that there are more people offering liquidity at lower prices when we get there.
I will defend the bottom @220 as well. Whee, cheap coins. Much profit.

sorry if already answered, but do you care to share why you think @220 will be the "real" bottom? (serious question)
308  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 15, 2014, 02:26:55 PM
cypher it seems another one has joined your side Tongue

https://twitter.com/adam3us/status/544494460294680576
309  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 15, 2014, 12:57:59 PM
"Chinese banks are haemorrhaging their deposits ..."

http://www.bloomberg.com/news/2014-12-14/forget-the-toaster-chinese-bank-offers-mercedes-to-get-deposits.html

and even a russian bank seems to use the same technique:

http://www.prnewswire.com/news-releases/c1-bank-brings-back-its-1-million-mercedes-benz-cd-just-in-time-for-the-holidays-300002192.html


edit: fix grammar
310  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 12, 2014, 08:09:55 AM
some highlights from the latest budget deal

Quote
As presented earlier in the week, the 1,600 page bill also includes a number of provisions intended to gain votes from both parties, including:

  • increasing the amount an individual person can contribute to a national political party from $32,400 to $324,000

a ten fold increase... wow. 

Quote
its official USA Oligarchy corp is running this ship aground.

yeah, like we needed other proofs Smiley
311  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 09, 2014, 03:24:01 PM
We definitely live in a crazy/exciting world:

http://cointelegraph.com/news/113077/venezuelan-politician-buys-out-bankrupt-hashfast

312  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 04, 2014, 02:44:42 PM
Mastercard head of SE Asia goes all out with every myth, stereotype and piece of FUD he could possibly fit into 4.30 of attacking bitcoin.

This is scripted propaganda and it is excellent to watch. It really shows how worried they are that they have to make such an anti bitcoin informerci that can easily be taken apart. The part about what their core business is shows just how stupid they think their customers are

https://m.youtube.com/watch?feature=youtu.be&v=bO4jHXjCXw8
".. ensuring greater transparency [...] in the way people live their life..."

"Why somebody need to be anonymous? I certainly don't want somebody mining technology or mining financial services away from my control."

Fuck you Mr. Matthew Driver, you are dangerous.

What can I say? I concur with you.

They aim to eliminate cash entirely, be it electronic or not, and move toward a world based on their electronic
payment system. Wow. Every time I hear something like this I wonder how they can be so full of themselves.

Of course Mastercard wants "transparency".  Not for themselves of course!  No, the details of their internal business will be kept private.  But YOUR daily business will be monitored, data-mined, and controlled by banks and payment processors.

See, it's TRANSPARENT!  Transparent is such a nice word.

At least he barely makes the effort to conceal that mastercard wants to destroy financial privacy.

I think it's "funny":

https://i.imgur.com/PdfpxEV.jpg

courtesy of @ThrowAway1d52e8d
313  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 04, 2014, 02:15:04 PM
Mastercard head of SE Asia goes all out with every myth, stereotype and piece of FUD he could possibly fit into 4.30 of attacking bitcoin.

This is scripted propaganda and it is excellent to watch. It really shows how worried they are that they have to make such an anti bitcoin informerci that can easily be taken apart. The part about what their core business is shows just how stupid they think their customers are

https://m.youtube.com/watch?feature=youtu.be&v=bO4jHXjCXw8
".. ensuring greater transparency [...] in the way people live their life..."

"Why somebody need to be anonymous? I certainly don't want somebody mining technology or mining financial services away from my control."

Fuck you Mr. Matthew Driver, you are dangerous.

What can I say? I concur with you.

They aim to eliminate cash entirely, be it electronic or not, and move toward a world based on their electronic
payment system. Wow. Every time I hear something like this I wonder how they can be so full of themselves.
314  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 04, 2014, 09:26:38 AM
On monoculture and diversity...

TL;DR: Monoculture in protocols may introduce weaknesses; monoculture in a having a single ledger doesn't, and is pretty much the point of having money at all.

on bitcoin monoculture, an external to bitcoin point of view:

http://cointelegraph.com/news/113036/vitalik-buterin-challenges-the-idea-of-bitcoin-dominance-maximalism-op-ed




Vitalik is brilliant and understands code. Unfortunately, he doesn't fully understand money or human nature. I think that comes more with age/experience.

Yep you're right. Though, I have to say that reading his blog posts is always stimulating (lately he was quite prolific, 4 posts on ethereum blog in Nov alone).
E.g. after having read his "The Search for a Stable Cryptocurrency" I was
eventually barely able to understand what "seignorage shares" is Smiley
315  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 03, 2014, 03:32:25 PM
On monoculture and diversity...

TL;DR: Monoculture in protocols may introduce weaknesses; monoculture in a having a single ledger doesn't, and is pretty much the point of having money at all.

on bitcoin monoculture, an external to bitcoin point of view:

http://cointelegraph.com/news/113036/vitalik-buterin-challenges-the-idea-of-bitcoin-dominance-maximalism-op-ed

316  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 03, 2014, 02:35:05 PM

I used bitcoind  and json  simply for reasons of consistency. Why use sx or pybtctools?   Easier, no need for blockchain, diversity, curiosity?  


I do not define myself as a smart person, but I dare say that diversity is fundamental. As smooth already said a few posts ago diversity brings you anti-fragility.
(if you didn't read Nassim N. Taleb's work yet, look at:  http://www.fooledbyrandomness.com. it's worthy imo.)
317  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 01, 2014, 03:28:49 PM
Now I almost miss talking about Side Chains.

LOLed so hard
318  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 27, 2014, 07:27:08 PM
i used to think asteroid mining for gold was a joke until Philae:

http://www.valuewalk.com/2014/11/nasa-investigating-asteroid-mining/

scoping a few rock samples off the face of an asteroid  !=  mining

Adam you're back, I'm glad. I was worried I feel better now.
319  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 25, 2014, 05:34:24 PM
Cypher I think you'll enjoy this one:

http://joel.mn/post/103546215249/the-blockchain-application-stack

:-)
320  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 24, 2014, 07:54:02 AM
It's a long way down for gold IMO

Eventually I found out somehing both you and cypher agree on :-)
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