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3401  Economy / Services / Re: Legal Advice / Answering Legal Questions on: September 17, 2012, 04:10:37 PM
What falls under illegal wagering/bookmaking?  Would Betsofbitco.in be in violation of it?  Would users of Betsofbitco.in be in violation of it?  If I write a post on the forum, telling people I will bet that Matthew won't pay anyone, and people take me up on it, does that make me in violation of it?
3402  Economy / Service Announcements / Re: Bitcoin Magazine Issue #2 and Issue #3 now for sale! on: September 17, 2012, 03:48:52 PM
Has Issue#2 shipped to subscribers yet? Month almost over and I'm bored, I need to read Smiley

Was it shipped yet? I haven't got it in NYC yet.

I was talking to Adam yesterday, and he mentioned that only bulk orders in the US had been received thus far.... but they are coming!
3403  Economy / Economics / Re: How much BTC do you need to live at your level rest of your live without working on: September 17, 2012, 03:40:11 PM
$3,300/month, or about $40,000/year.  Assuming a 10% interest rate on investments, I would need about 40,000 BTC to retire.
3404  Economy / Gambling / Re: Pick a door, any door! (5 BTC prize) on: September 17, 2012, 04:24:03 AM
Well, game over time, yes.  I didn't say I would pay out then, but now that I have some downtime, I will!

Door #1 received 0.24 BTC, and had 0.1 BTC behind it.
The first transaction was for 0.05 BTC from 1KikKjb5e4SLnULJpRjCWwe5zagAWvgjw1, subsequently doubled to 0.1 BTC.
No other transactions were doubled, as the funds for the door were then empty.

Door #2 received 0.109 BTC, and had 0.1 BTC behind it.
The first transaction was for 0.05 BTC from 1N9mMCgV1CzU3s8Kvf7BcQhBBXGgoo9Wx1, subsequently doubled to 0.1 BTC.
No other transactions were doubled, as the funds for the door were then empty.

Door #3 received 0.151 BTC, and had 0.1 BTC behind it.
The first transaction was for 0.001 BTC from 1GWfriLQcafTA4oFqMmSCnZfVyqT5vDn7N, doubled to 0.002 BTC.
The second transaction was for 0.04 BTC from 1N9mMCgV1CzU3s8Kvf7BcQhBBXGgoo9Wx1, doubled to 0.08 BTC.
The third transaction was for 0.11 BTC, beyond the amount left behind the door, and was not doubled.

Door #4 received 0.26 BTC, and had 0.9 BTC behind it.
The first transaction was for 0.05 BTC from 1N9mMCgV1CzU3s8Kvf7BcQhBBXGgoo9Wx1, doubled to 0.1 BTC.
The second transaction was for 0.2 BTC from 1Jj7ri8UTVkkQcNzPjmzTrJ5Fxn8LYghyD, doubled to 0.4 BTC.
The third transaction was for 0.01 BTC from 1LRKGKzPUTbsup5WX9Jro6LLqevAj1HDKX, doubled to 0.02 BTC.

Door #5 received 0.14 BTC, and had 3.8 BTC behind it.
The first transaction was for 0.05 BTC from 1N9mMCgV1CzU3s8Kvf7BcQhBBXGgoo9Wx1, doubled to 0.1 BTC.
The second transaction was for 0.09 BTC from 1LRKGKzPUTbsup5WX9Jro6LLqevAj1HDKX, doubled to 0.18 BTC.

Code:
Random data to prevent anyone from calculating this hash: u428t9qa4hjgulxnvu4bg3qfji

Door 1: 0.1 BTC
Door 2: 0.1 BTC
Door 3: 0.1 BTC
Door 4: 0.9 BTC
Door 5: 3.8 BTC
SHA256 hash:  926c20c882a909cb2b0e59ee6e75da7cf6b0719171b4dcb0f34a567c3a331e57

I ended up losing 0.182 BTC to you guys.  Wink

Thanks for playing!
3405  Bitcoin / Bitcoin Discussion / Re: We need go to the next step on Bitcoin. Real world! on: September 16, 2012, 06:45:13 PM
Something tells me it would be very unlikely for ebay to consider us, consider how much PayPal is used.

Considering ebay owns paypal.

Paypal should just get with the times and accept Bitcoin as a funding and withdraw method.  Grin

Wouldn't happen, paypal is way too greedy. If it were to happen, I'm sure there would be a very steep fee for every transaction.
Oh it will.  Paypal makes money with transaction fees.  No reason they couldn't charge transaction fees on transactions denominated in Bitcoins just the same as they do with USD transactions, and no reason for that transaction fee to be any higher than their USD transaction fees.
3406  Bitcoin / Bitcoin Discussion / Re: Why no press/PR re: the London Conference? on: September 16, 2012, 06:31:54 PM
It's really silly that there's no press.

Next conference, I will try to raise funds to go myself (hopefully it'll be in the US), with the promise that I'll live blog with text/pictures the whole thing.
3407  Bitcoin / Bitcoin Discussion / Re: Cold storage security on: September 16, 2012, 05:44:13 PM
Is the whole amount public, or only for each client or customer? What I mean is, if I were a customer, I should of course know how much bitcoins you have that are assigned to me, but should I also know another customers amount of bitcoins. Maybe that information need not be public.

In which case, people can only speculate how many bitcoins you have in total, but not exactly. If that is true, then no one can ever be sure how much more bitcoins you control.

Kindly correct me if I am wrong. I do not know what business or service you are planning to do, so I do not know how it will operate.

For password security, you could try using a Yubikey or something similar (static mode maybe.) You will never remember the entire password and it can be destroyed convincingly to bad guys so they know they can't get anything from you. A backup should exist, and you can use the bank safety deposit box for that purpose.

Or you could design your own "panic room" not unlike the bank, or the storage unit. Like a large vault. It could be anywhere, it could be undetectable, it could be secret, no one knows where it is, etc.

Again, physical security.

If using remote computers through secure channels, you could always encrypt those systems. Backups get encrypted too.

Personally, I'd just have a laptop with my own mobile internet to do the transactions, and it never leaves my person, has tamper proof seals, and is auto-format/auto-wipe when I don't do something right. It will of course be encrypted so just wiping the keys (or the first and last megabyte) is more than enough to render it useless.

You could use a virtual machine or virtual OS that sits in an encrypted volume (such as TrueCrypt) but is only mounted manually, on a drive that has a wipe function in the startup folder that will wipe the same volume unless you stop it in time.

I actually made a small program to partially wipe a file on a drive. (I use TrueCrypt on Windows XP, you could use FAT32 instead of NTFS.) That way the file is gone if you don't boot it properly, and a single button short-cut or key combination will also do the same thing or do an instant shutdown, also keeping the data (and the private keys) safe.

If you are operating like something like a pawn shop or investing firm or bank like in nature or money changer, then you MUST have physical security, or at least a building that has double locks to give you enough time to push the panic button.

There are some things about your operation that should be kept secret from everyone else, like the nature of your self-destruct mechanism, your passwords, your yubikey, your fingerprints or other biometric security, and the location of your safe room.

If your business can not afford to hire even one armed security guard, then it is not something you should be doing. You'd have to weigh the cost-benefit analysis of this yourself.

Again, personally, I would do my own physical security, and acquire my own firearm (actually, I already have one) but that really depends on where you live and the laws of your country.

Businessmen in my country who are rich enough usually hire at least one bodyguard. There are very few who are completely unarmed, and only because no one else really knows what they're doing, and it's easy to keep some things secret around here.

I don't know what your business is, so I'm sorry if none of what I said can apply to you. I run a business that has several branches in several malls (it's an old fashioned business selling specialty items, unfortunately not for bitcoins) and I've learned how to protect myself from all but the most determined attackers.
Dabs, thanks for the input.  Unfortunately, because of the type of business, every address I was holding coins in would be public, and people could then look at the blockchain to find the balances.  The whole amount would be public, not by choice.

I bolded the part about body guards.  I am curious if ANYONE dealing in Bitcoins has hired one for their Bitcoin business?  I honestly cannot think of any of those companies making enough to impart some of the profits towards a bodyguard.  Regardless, it is certainly not something I would be able to do.  If physical protection like that is a requirement, then it's not a business I can start.

I do have my own firearms, and am not afraid to use them on any intruder.

And certainly, I agree that some of the measures of security should be obscured.
3408  Other / Off-topic / Re: What color is my ignore button? on: September 16, 2012, 06:28:05 AM
It gives me a broken image for the ignore button. it's been doing that for a while. is there a code in the url that gives its status away? (EDIT: guess not)

what color is mine?


Just figured it out - we were on the wrong theme.  Change to the forum default theme and the ignore links show up properly.  Wink
3409  Other / Off-topic / Re: What color is my ignore button? on: September 16, 2012, 04:49:04 AM
I've always had broken images for the ignore links... any idea why?
3410  Other / Off-topic / BFL will deliver an SC product by November 7th on: September 16, 2012, 04:42:48 AM
That's my bet, anyway.  Wink  Betting ends October 11th.  My preference would have been to set it even earlier, but BetsofBitco.in wouldn't let me set it any further from the event date.

http://betsofbitco.in/item?id=676
3411  Economy / Games and rounds / Re: 5 BTC Behind 5 Doors! on: September 15, 2012, 11:58:52 PM
Code:
Random data to prevent anyone from calculating this hash: fj82a934fjhg849haj8i2fj3iovj2408

Door 1: 0.1 BTC
Door 2: 1.9 BTC
Door 3: 0.1 BTC
Door 4: 0.1 BTC
Door 5: 2.8 BTC
SHA256 hash: 664dce16d2a858798d9034e203b834f952fac18ce36c198a9e453d6f3e736fb7

Ha, nice, I actually thought about trying to brute-force something like the last 5 lines, but there were too many variables to the format and amounts, and I figured you would throw something random in anyway. Wink
I thought someone might try that.   Cheesy
3412  Economy / Gambling / Re: Pick a door, any door! (5 BTC prize) on: September 15, 2012, 08:31:47 PM
Go for it.  Wink  You'll win up to the point that the door holds no more funds.  If you pick the right door, you could win quite a lot.  But the prizes behind the doors won't be announced until the game is over...
3413  Economy / Gambling / Pick a door, any door! (5 BTC prize) on: September 15, 2012, 08:20:29 PM
I have 5 doors with a combined total of 5 BTC behind them.

Send any amount of BTC to any of the addresses at each door.  If the amount of BTC behind the door, after processing previous bets, is equal to or greater than the amount you send, then your bet is doubled!  If the amount of BTC behind the door, after processing previous bets, is less than the amount you send, then you get nothing!  The game ends about 24 hours from now (2:00 PM PST on 9/16/12).

Each door has at least 0.1 BTC behind it.  The hash to prove how much is behind each door (after the game is over) is: 926c20c882a909cb2b0e59ee6e75da7cf6b0719171b4dcb0f34a567c3a331e57

Door #1 - 1C3sRrLrVAYJSqc8g2qh9VW3w6pUiiQMrc
Door #2 - 15SDcokopxFS3VCMbfGHZyeE4rkhJvex9u
Door #3 - 1L4mHfEJuUd36T2E2SNcsiH1QZypanGoDQ
Door #4 - 1Gwnng5B4EyAypQz17otu2QED7G8pTvHyL
Door #5 - 1Jc2LqfybEx2aS55PAsEfChQS9STq4d3b6
3414  Economy / Games and rounds / Re: 5 BTC Behind 5 Doors! on: September 15, 2012, 08:15:10 PM
Well, that wasn't very successful.  Wink

Door #1 - 0 BTC received
Door #2 - 0 BTC received
Door #3 - 0.01 BTC received, doubled to 0.02 BTC
Door #4 - 0 BTC received
Door #5 - 0 BTC received

5 BTC distribution between doors:
Code:
Random data to prevent anyone from calculating this hash: fj82a934fjhg849haj8i2fj3iovj2408

Door 1: 0.1 BTC
Door 2: 1.9 BTC
Door 3: 0.1 BTC
Door 4: 0.1 BTC
Door 5: 2.8 BTC
SHA256 hash: 664dce16d2a858798d9034e203b834f952fac18ce36c198a9e453d6f3e736fb7
3415  Bitcoin / Mining speculation / Re: [POLL] Will BFL deliver a Bitforce SC ASIC by October 31, 2012 on: September 15, 2012, 07:59:35 PM
For people willing to put money down on this, here is the betsofbitcoin bet for whether or not BFL will deliver by end of November.

Butterfly Labs SC Single will be delivered by end of November 2012
http://betsofbitco.in/item?id=607

I don't understand why people set bets up like this?  End date of November 29th?  What's the point?  Everyone knows whether BFL delivered or not by then, and can bet accordingly...

A GOOD bet would have the end date prior to October 15th (since BFL stated they will start deliveries beginning late October), preferably even sooner.
3416  Bitcoin / Project Development / Working on dynamic Bitcoinfeedback.com avatar... on: September 15, 2012, 07:33:14 AM
Any suggestions?  Do you think the actual username should be included in the image as well?  Not too much room in an 80x80 square...!


Code:
[img]http://bitcoinfeedback.com/ava.php?username=SgtSpike[/img]
3417  Economy / Speculation / Re: [Daily Speculation Poll] :: Your Avg. Price? on: September 14, 2012, 11:27:15 PM
You missed the "I mined them" option.  Wink

Though I suppose electricity costs and hardware costs could be extrapolated to give a general price-per-coin.
3418  Bitcoin / Meetups / Re: Bitcoin Conference 2012- London 15-16 Sept | ANNOUNCEMENT sponsorship available! on: September 14, 2012, 11:24:19 PM
Sorry for any miss understanding on locations some parts were not organised too well, but this is going to be awesome.
Definitely, awesome. More people than last year in Prague. Nice meeting you Nefario, also Michael Parsons (the guy who made the linked pictures, I was sitting right next to him).

Yeah, and there was a bitcoin cake. The cake is most certainly NOT a lie  Cheesy
They should have hidden a private key in it somewhere.
3419  Economy / Scam Accusations / Re: Buyers who renege on deals? on: September 14, 2012, 10:32:51 PM
Interesting. Just signed up, but there's some PHP errors showing up on the successful registration page. Just PM'ed them to you.
Ah, that's the page you were talking about.  Alright, I'll look in to it, thanks.
3420  Economy / Scam Accusations / Re: Buyers who renege on deals? on: September 14, 2012, 10:20:26 PM
*Shameless plug* You could always leave them feedback at bitcoinfeedback.com...

But personally, I equate backing down on one's word with scamming.  Maybe not quite as bad, but they still get a negative feedback from me if they do it.
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