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3121  Bitcoin / Development & Technical Discussion / Re: Anonymous Bitcoin Transactions with Coinjoin on: August 29, 2013, 07:51:00 AM
Is it possible to unravel the signed transaction to see where 1a wanted their money to end up?
The network must know the path otherwise how would they get from A to B.
The intention for the money to end up in a certain place is the weak link right?
No. The whole transaction  ("this group of things to that group of things") is the intention the transaction coveys, and it cannot be separated when using sighash all (the default sighash type).  Thats the point. Smiley There are possible side channels— how different clients encode signatures, for example, but the transaction style itself doesn't leak any information about the mapping when used correctly.


How about the people partaking in the transaction, is it possible to watch as more and more people add onto the transaction who intended what btc to go where?

Or is the transaction made all at once with many people involved but no one seeing where the people want the coins to go. (I'm talking about watching the process of this coinjoin tx being built)
3122  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 29, 2013, 07:20:53 AM
If the peak is above 0.01 thats ok!
3123  Bitcoin / Development & Technical Discussion / Re: Anonymous Bitcoin Transactions with Coinjoin on: August 29, 2013, 07:20:08 AM
Question: Is it possible to trace one input to a output?

So inputs 1a,2a,3a,4a in and outputs 1b,2b,3b,4b out. Is it possible to trace 2a ending up as 4b? (Assuming that is the path the transactions took)


It is absolutely not possible to trace one input to an output in complex transactions. The reason is that, by the protocol, we only check that it all adds up (inputs, outputs, and fees). If it ads up, the transaction is valid. We don't, because we can't, keep track of a bitcoin, much like you cannot keep track of a number when adding numbers: If 3+5=8, you cannot tell which of those eight come from those three. With physical objects you could, but bitcoins are pure abstraction, like numbers in the above example.
You could maybe argue that one of the outputs is, for example, 12.5% related to one of the inputs (previous outputs, that is), but this is far from "tracing" one-on-one.

Is it possible to unravel the signed transaction to see where 1a wanted their money to end up?

The network must know the path otherwise how would they get from A to B.

The intention for the money to end up in a certain place is the weak link right?
3124  Bitcoin / Development & Technical Discussion / Re: Anonymous Bitcoin Transactions with Coinjoin on: August 29, 2013, 06:33:37 AM
Will coinjoin eventually offer the same anonymity benefits Zerocoin promised?
See the thread on the general idea for my thoughts on the general question.

Far out, I had no idea you could have other inputs from other people into transactions and do it in a trustless way.

This is amazing, and it just uses normal transactions.

So essentially this is coin mixing using the inputs of a transaction from lots of people. Of course you like you have said in that thread all the inputs must be the same denomination right?

Question: Is it possible to trace one input to a output?

So inputs 1a,2a,3a,4a in and outputs 1b,2b,3b,4b out. Is it possible to trace 2a ending up as 4b? (Assuming that is the path the transactions took)

3125  Bitcoin / Development & Technical Discussion / Re: Anonymous Bitcoin Transactions with Coinjoin on: August 29, 2013, 05:38:44 AM
Will coinjoin eventually offer the same anonymity benefits Zerocoin promised?
3126  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 12:54:25 PM
Looks like the news didn't really sustain a big rally.

Once they admit that the first chips are hashing away there will be a rally. Until no hashing the shares can't really go anywhere, its all pure speculation. Up or down.
3127  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 10:15:35 AM
Ok so where are all those people that were yelling scam and getting out?

Buying back in!
3128  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 10:14:23 AM
Damn maybe this is a good buy?

Looks like any share under 0.005 is good value!
3129  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 09:27:42 AM
But what if I'm right...

The evidence suggests you are right.



So neither one of you has any shares in LABCOIN, but still spreading fear, uncertainty and doubt for the benefit of other, just in case you are right.    Huh

Trying to help people not get stuck with a dead stock. I prefer as few people into Bitcoin get hurt as possible. Raising awareness about scams is a good thing.

And its not FUD if its truth. In fact this company has offered 0 evidence and TheSwede does not care at all.

In fact saying this is a good stock is spreading FUD.
3130  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 09:21:17 AM
But what if I'm right...

The evidence suggests you are right.

3131  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 09:16:39 AM
TheSwede does not care about this company at all. Nothing he has said gives any confidence.

I would like him to publicly admit to how many shares he has sold so far. (hint: its not 0 shares sold, its a lot more!)

If he has not sold shares then its most likely some type of reimbursement for being the front to this scam.
3132  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 09:13:52 AM
As you said, you already sold up and whatever happens with LABCOIN doesn't concern you.

Now you are spreading FUD, waiting for the price drop so you can buy in at a low price and ride another wave!  

No need to spread FUD, the truth is enough.

We have no input from this company at all, TheSwede can't even contact the team because they always travel and have no phones (how else can it be no contact is ever possible?)

We will stabilize at 0.0015, and thats if we are lucky. 0 is becoming a real possibility.
3133  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 09:00:54 AM
Lol, Looks like some panic buying going on now.

Seller's remorse!!!

You have to learn not to panic sell unless there is a rational reason. I that learned the hard way with an another IPO   Cry

Haha, I'm not staying in Labcoin but I sure more then tripled my initial BTC trading this stock.
I absolutely no sellers remorse, This stuff is too risky to hold Smiley.

Agreed. If you are holding right now prepare to get out.

This stock will settle around 0.0015 this week and then:

1) Go up later next week when TheSwede posts something good and proves he is not a scammer.

2) Go to 0 after no news for the next week and scammer status is proven.
3134  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 07:14:02 AM
Should we post TheSwede and Labcoin to the scammers section of the forum?
3135  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 07:13:02 AM
If you look in the earlier posts someone confronted the CEO of ITek in chat.. he didn't seem too happy that someone was inquiring about Labcoin and said to please stop giving out his information.  Seems like a proud CEO would have been happy to answer questions.  I'm glad I sold my shares.

Thats it then. This is a confirmed scam.

Please post the information of this CEO of ITek. He has our money, anyone in China wanna hunt this scammer down? What's his name?

https://bitcointalk.org/index.php?topic=263445.3780

Well looks like this is over, i'm pulling out the few shares I had left.

Scam.
3136  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 07:09:18 AM
If you look in the earlier posts someone confronted the CEO of ITek in chat.. he didn't seem too happy that someone was inquiring about Labcoin and said to please stop giving out his information.  Seems like a proud CEO would have been happy to answer questions.  I'm glad I sold my shares.

Thats it then. This is a confirmed scam.

Please post the information of this CEO of ITek. He has our money, anyone in China wanna hunt this scammer down? What's his name?
3137  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 07:03:56 AM
I am really enjoying whatching these non-sense FUD, nice work! Smiley

Can you give some positive proof to counteract?

No chips, no employees, only 1 PR guy (Swede) and thats it.

How on earth could he have something to counteract the current situation?

He can't, no one can.

This is hitting 0.001 very soon, its a failed stock, no company even exists.

For now its your word againt theswede his word, only fact is the company owner admits the project exists.

Actually you are wrong. TheSwede has not had any contact with the team in recent days because they are all travelling all the time and obviously without mobile phones.

So TheSwede is not against my word. We have similar words.

TheSwede has no idea what's going on anymore, and the CEO never posts here. Where is the CEO??
3138  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 06:55:03 AM
I am really enjoying whatching these non-sense FUD, nice work! Smiley

Can you give some positive proof to counteract?

No chips, no employees, only 1 PR guy (Swede) and thats it.

How on earth could he have something to counteract the current situation?

He can't, no one can.

This is hitting 0.001 very soon, its a failed stock, no company even exists.
3139  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 06:30:13 AM
Just woke up and someone filled up my super low bids. What a great way to start the day. Free money Smiley

Well its going below 0.001 in 8 hours so maybe sell them again?
3140  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 28, 2013, 05:26:45 AM
hahaha Smiley

Well i just question myself.. what if he post news about chips that have arrived..

Were going to see this bullshit (thread i mean) every two weeks when theres no update? wtf..

Well we will see posts like this waiting for news until Labcoin starts hashing. So far they have not turned on a single ASIC.

The news we are waiting on is very important. I am surprised the shares are still quite high considering Swede has no idea where and what the employees are doing, yet alone where the ASIC's are.
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