He's the private investor
Private investors get their shares outside BitFunder. It's called an I PO for a reason... Public and Private both start with a P
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So everyone is updating their android clients to use the dev/urandom method so that transactions signed are not able to reveal the private keys of both addresses involved.
That is my understanding of the issue.
But what is to prevent someone from simply generating an address using RandomSecure and sending bitcoins to other addresses simply to compromise them?
In my understanding of this scenario, this is a major MAJOR security hole
the only way to avoid this would be to update valid address generation in the bitcoin protocol in a way that SecureRandom cannot generate a valid address at all.
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okay guys funny satire, but this is actually misleading at this point
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thank you for resolving this so quickly
I was very skeptical
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1 We will lock the trading of BTCGARDEN at btct immediately.
2 We will then send the whole 32064BTC and submit the repurchase request to Burnside from backstage, he will then run the proper script to execute this request ASAP.
3 All current shareholders will get your BTC back into your account immediately,at which point you can withdraw it freely.
1 Okay, so all issuers have the ability to do that at will on BTCT.CO? thats weird 2 is that how that works? In before "the police seized the computer with our cold wallet" or "there were delays due to accounting errors in our line items we will work to solve these these....." 3 hey maybe it all goes as planned This story reeks. Turned out this wasn't my largest position. Yip. Lack of rules & regulations does come back to bite us on occasion. Please read the FAQ of the virtual exchange you're "trading" on. To quote Burnside: No assets on the site are to be considered real. Nothing is verified. (Do your research!) The use of this site is for educational and entertainment purposes only. If an asset issuer on this site defaults, you have ZERO RECOURSE. (not like you have any recourse in most international BTC situations anyway.)Good game, brah. Hope you were educated & entertained. haha good game burnside's "virtual" disclaimer will do him no good in the face of the Securities Exchange Act of 1934, he is aware of that already, just hasn't updated that part of his site yet
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1 We will lock the trading of BTCGARDEN at btct immediately.
2 We will then send the whole 32064BTC and submit the repurchase request to Burnside from backstage, he will then run the proper script to execute this request ASAP.
3 All current shareholders will get your BTC back into your account immediately,at which point you can withdraw it freely.
1 Okay, so all issuers have the ability to do that at will on BTCT.CO? thats weird 2 is that how that works? In before "the police seized the computer with our cold wallet" or "there were delays due to accounting errors in our line items we will work to solve these these....." 3 hey maybe it all goes as planned This story reeks. Turned out this wasn't my largest position.
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~32000BTC back into the market.
yeah, icedrill and btcgarden are out of the market (i mean, unless you are stuck in icedrill) , SO ITS BASICALLY LIKE LAST WEEK NEVER HAPPENED
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Wow, 1 Chinese guy pushed you around a bit and that's all it took! I would hate to see you dealing with REAL battles with actual competition.. maybe it's a good thing that you're out, seeing as how you can't handle a little heat in a high stress environment better now than later That is true but in China they could throw him in jail for life, the legal system there is corrupt. The accusation is all you need to cause someone major harm. even when you have 1 million dollars in bitcoin? well I saw what happened to that business man recently that was executed due to being convicted of running a ponzi scheme, that was a lot more millions than this damn
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so was I the only one that yelled "FUCK THIS WAS MY LARGEST POSITION" after reading the email from BTCT.CO
haha, so that was awkward. I have somewhat faith since the buyback goes along with the asset being frozen by burnside. I hope there aren't any hiccups in the bitcoinj distribution
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"Banks were supposed to exist to service other businesses, now banking has become far larger than any other business. It's like all other business exist to service the banks."
Boooo!!
given that 99% of businesses fail eventually, and banks are the ones to appropriate the assets, this outcome is inevitable
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Batch one has been sold out. Batch two has been put up for sale.
//DeaDTerra
makes the ActiveMining IPO look like a slick, professionally handled launch. this might go in my signature
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It is funny to me 2/3rds of this thing was bought by private investors... 10,000 coins given by people who crunched the numbers and decided the worst deal was the best deal.
I'm pretty sure its funnier that this outcome was predicted after the first private investor was announced
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I'm amazed to see that DT acts as if there were no problems...
This legal fiction is the reason DT acts as if there were no problems DigiMex, a British Virgin Islands company (BVI Company Number: 1784369), is deploying a large-scale Bitcoin mine named IceDrill. The company is hereby releasing a asset (symbol: IceDrill.ASIC) for shares in the profits of the IceDrill mine.
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so this is what the 1920s was like except with instant world wide transfers and 24 hour exchanges? ok
fun
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the price of bitcoin is stagnating because all of these IPOs are liquidating people's bitcoins for fiat to begin operations. These are the largest traders right now.
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oh hey, I got filled. Woot, I'm out.
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bitzino uses "provable results" in roulette, correct?
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Hello, how long does it currently take to withdraw us dollar from Mt Gox via wire?
What if I liquidated bitcoins in Euros and ate the foreign transaction fee from my us bank? how long would that take, via wire
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candlestick charts please
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so will this security have more than 120 gigahashes before the metabank chips arrive or not.
Will it have more than 120 gigahashes after the metabank chips arrive or not.
does this security have enough funding to it any of it all since less than 1/2 of the offering has been sold so far on btct.co?
thanks
Hi, I'm not sure I get all your questions; there seems to be three of them. The Metabank miner is scheduled to arrive in September; it has been paid for and whether the IPO of the contracts sell out is irrelevant to the mining operation (any unsold contracts just remain with me). The metabank miner is guaranteed 120GH/s, but we still do not know the final numbers. We do know, however, that the Bitfury chips will overclock well and under ideal conditions have even surpassed 50% of stated rate. This shouldn't be taken as a guess at what the final numbers will be, though. Anything above 120GH/s is a bonus on top of the normal bonus, but we shouldn't expect it. If it does go over 120GH/s, great, we all get more dividends, if it doesn't, we still get what we have been promised. .b okay. I have only been following the contract updates very loosely. So the only thing this PMB will ever have is the machine rated for 120 GH/s which will arrive in September This PMB will never have additional hardware using funds raised?
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