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3421  Other / Off-topic / Re: How many Bitcoins are lost forever? on: July 13, 2015, 10:30:57 PM
there was a story of a guy who had a HDD with a large amount of Bitcoin on it, and he threw it away, and went digging through the dump.  7500 Bitcoin mined on a laptop!! Those were the days, LOL!!

http://www.theguardian.com/technology/2013/nov/27/hard-drive-bitcoin-landfill-site
Yeah I heard that as well, I would've searched my ass off on that dump if that had happened to me. But it never will as I still online wallets for my transactions and bitcoins.

Oo You realize that WAY more bitcoins were lost (to their owners) because they held coins on exchanges, online wallets and such? You really should think that over. Giving your bitcoins to someone other brings always the question up if you get them back. Only when you control the private key and no one other has access to it, then you can say that you are relatively safe.

Sometimes both happen at the same time.
When the exchange accidentally deletes its wallet!
https://news.ycombinator.com/item?id=2828445

*lol* Didnt hear of that yet. Unbelieveable. Cold Wallet? Backups on the same drives? Even i have backups on different places and im not even an exchange. Hefty... the worst thing is, you only know when something like that happens that the one you trusted is not the smartest.
3422  Bitcoin / Bitcoin Discussion / Re: Those with an incentive to attack the bitcoin network on: July 13, 2015, 10:25:42 PM
Narrowed down to four options:
(1) Chinese Miners, attempting to get the fee/zero limits rasied.
(2) Chinese LTC Pumpers, attempting to get Bitcoin users to transfer to LTC.
(3) OKCoin Exchange, attempting manipulation to prevent their bankruptcy.
(4) All the above working together in some form or another.  Wink

Anyone thinking this is a bank or billionaires doing this for shits is on the wrong path.
This was purposefully done, to facilitate some sort of manipulated realized gain.


I think 1 is unlikely because miners already can decide what transactions they want to include. They can even create empty blocks or accept only transactions with a minimum fee of 0.1 Bitcoin, when they want. And since china has the biggest miners, they likely could sit together and work out a plan. Then only accept high fee transactions. All other transactions would wait considerably longer then. At the end the fees most probably would rise.

If miners all raise their fees, without outside influence on the network (the spam attack), then it would be seen as corrupt/bad by the community.
The spam attack gives the miners a reason to raise fee much earlier in advance of block rewards lowering.
Miners fees went up 2000% at minimum during backlog.
What you outlined above is exactly what happened. So why do you think it is unlikely?

In another thread i read that the attack already cost $50k now. The additional fee coming from raising the fees would need a long time to reach that. Especially since only a couple or only a single minercorporation might be behind it.

It would be simpler to simply raise the minimum fee. Since china has the majority of the hashpower it would delay transactions and it would consequently lead to higher fees, without costs. It would look natural.

I dont see that, litecoin price dropped, shortly later bitcoin too. Doesnt look correlated to me.

Your observation should be viewed earlier in the timeline. The recent attack started July 7, 2015. LTC pump started from there.
Due to network problems, some users decided to "invest" into LTC to diversify their holdings, before the price dropped.
One of the reasons LTC rose was because BTC users did so and did so since old LTC Dev (now at coinbase) stated that LTC has spam protections and faster confirms.
People trading altcoins know what I'm talking about.

If thats true then i will keep an eye on the next spam attack. Roll Eyes Might be able to make some bucks on litecoin then.

3? OKCoin is bankrupt? Guess i missed some news. And i dont see how spamming could help. Exchanges surely use high enough Transaction fees.

They are on verge potentially. Fractional reserve trading has cost them greatly.
They also trade LTC, just FYI.

Yes, they had a problem some time ago but the fractional reserve was a solution they suggested. When this reserve isnt enough then they would simply screw traders again.

Though you might be right... exchanges might have really other ways to "make" money.
3423  Local / Biete / Re: 20% Rabatt auf amazon.de Bestellungen on: July 13, 2015, 10:17:17 PM
Ich nehme mal an wie bei purse.io früher. Du erstellst eine Wishlist, da packst du alle Sachen rein die du haben willst. Du schickst die Liste an MrLehmann und er nennt dir die Coins. Die schickst du an den Escrow. Wenn die Ware ankam schickt der Escrow die Coins weiter an MrLehmann.

So macht es für mich am Meisten Sinn.

Theoretisch sollte auch einfach eine Liste mit Produktlinks möglich sein. Ist ja kein festes System wie bei purse hier.
3424  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: July 13, 2015, 09:56:54 PM
Is bitcoin had POS would be so great, just hold bitcoins on your wallet and wait for interest payouts, everyone would be loving it! not miners tho lmao.
And no tx failed confirmation like the last two weeks have had.
I lost so many bitcoins because of that.

Out of interest, how did you lose Bitcoins because of these spammers? Did you try to trade the bitcoin price? Thoug you could have used a fee of 0.0002 Bitcoin and it would have gone through. Though i had a transaction stuck too, simply because i did not know that these f... spammers started another run.
3425  Economy / Services / Re: DA DICE Signature Campaign 2.O [CLOSED] on: July 13, 2015, 09:46:36 PM
Thanks ndnhc and bf4btc... guess i will be still there for at least one of you. Tongue

If you ever have a campaign again that pays 0.0025 Bitcoins per post then let me know and i will switch. *g*
3426  Economy / Scam Accusations / Re: PSA: cypherdoc is a paid shill, liar and probably epic scammer: HashFast affair on: July 13, 2015, 09:41:44 PM
Frap.doc didn't get "10% of the company" he got paid 10% of BabyJet sales.

See what happens when you eagerly lap up every unfounded rumor and factual distortion that confirms your biased narrative?

Have you ever done sales?  Do you have any factual basis on which to assert 10% is an unreasonable commission?

If HF had delivered on time and/or BTC stayed at >$1000, would Frap.doc have the right to demand part of the profits to which he helped lead people?

No, of course not.  So WTF makes you think it's his job or obligation to mitigate our losses?  Sheer stupidity, greed, or what?

iCEBREAKER... am i remembering wrong or do you often defend wrong going businesses?

Anyway... he got paid 3000BTC right? And you claim that was only 10% of BabyJet sales. The thing is... 10% of the sales are not even 10% of the profits. Profits were, even at that time, not so that you could spew away 10% of the sales price. On top... it might have been a hard calculated decision when Hashfast would have said ok, we give you 10% of the sales price for every Buyer you personally refer to us. That would be reasonable since he would have to work and the referrals would show that he brought these customers.

Instead he took on a role that he could not fulfill at all. He being responsible for all the babyjet sales is not imaginable. When he referred only a quarter of the buyers, which is very high, then his reward would be 40% of the sales he referred.

Dont you get that something with these numbers cant match from a business perspective?

And please... try to not go around naming... it doesnt make your point any more valid.
3427  Economy / Service Announcements / Re: BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts on: July 13, 2015, 09:24:47 PM

Paying for "premium" doesn't remove the ads anymore, at least in my case. The payment is registered, but it doesn't upgrade the account.
Tried to clear the session and logged out, but nothing helps.

We're apologized for the inconvenience and late reply. We use blockchain service and the blockchain API didn't forward the payment. please PM your payment info or send to admin@bitcoinwisdom.com. I will process the transaction by manual. The refund is also available.

Oh, i really thought you abandoned the site. Though its loved by many and i guess it will bring some revenue for you. So glad that youre back. Smiley
3428  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: July 13, 2015, 09:21:44 PM
OP, remove Da Dice and Coinut, Da Dice its over and Coinut its full.

Why should Coinut be removed when its full? This should be a complete list. I would want to know if there is a campaign i would want to observe and try to get in once its possible again. Hopefully being the first that way.

At the end most campaigns are "full" somehow since certain member levels are maxed out. Keeping this info on here would be a huge hassle i guess.
3429  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: July 13, 2015, 09:19:39 PM
Conformation of transaction is over but still I don't get my coins to my personal wallet from bitcoinblock of large amount's transaction but I am receiving small amount of  transaction.

There are still 28,000 unconfirmed transactions. See https://blockchain.info/de/unconfirmed-transactions

I guess it will take some time until the blockchain solved all of this.

https://blockchain.info/en/unconfirmed-transactions

English link, for those who are noobs with URLs and/or Blockchain.info.

*lol* Thanks. Didnt notice that the url contains a languagetag. I thought they show automatically the correct language.

Thanks for fixing... Smiley
3430  Economy / Services / Re: SteadyTurtle.com Signature Compaign - Newbie to Full member ( Started ) on: July 13, 2015, 09:10:31 PM
Hello all, i agreed to be the escrow for this promotion. We decided to go a special route this time. I hold 0.3 Bitcoin in Escrow at address
Code:
14jU7utKgX9fcSTRa7FCqwcwbzRLhKcRJu
and this amount should always be higher than the anticipated payout for the current timeframe. This will serve as an insurance. I will not pay out the funds directly but the funds in Escrow Address ensure that all participants can be paid in the case the issuer vanishes.

If the held funds likely will not be enough then i will ask for depositing more funds on the escrow address.

Proof that im the real SebastianJu. Ill sign a message with an old address of mine, see my Servicethread.

Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
20150713
The escrow address for the SteadyTurtle Signature Campaign is 14jU7utKgX9fcSTRa7FCqwcwbzRLhKcRJu
-----BEGIN BITCOIN SIGNATURE-----
1K2UFGCKyNQNx4h2m5ZRCaw9BWHTBcCZAA
G1dMJDRaQaR4fnTmScdUR+MqcMr81Jq7RuxQamCE5bqCEvAgKiYcgW+002VY51jAU3RRse60SIK/pmLAJhDImX4=
-----END BITCOIN SIGNATURE-----
3431  Economy / Gambling / Re: DaDice.com - Next Gen Social Gambling Dice Experience | Progressive Jackpot on: July 13, 2015, 09:08:55 PM
are there any stats about how much referrals from the signature campaign came to wager your money on your websites? it would be cool to see it

Yes at the beginning in March, April, May we have received almost 80% of new signups from the signature campaign. Since then we have started with other forms of marketing, ie. banner and text ads with some of the ad networks, banners on some altcoin and other btc forums and recently received excellent results there.

Sounds like you got all the attention on bitcointalk that was possible. Every possible player already joined from here. And when the other marketing forms are cheaper now, than the signature campaign, which is easily possible when taking the costs of the campaign into account, then i think that would be the real reason of the campaign stopping, right?
3432  Other / Beginners & Help / Re: THINGS TO CONSIDER WHEN BUYING AN ACCOUNT on: July 13, 2015, 08:50:06 PM
I wanna buy an account and i wanna knw the kind of things i should watch out for when im buying a membership account on this forum

I will be simple scared to do something like this...reason is simple. you don't know, how many posts were deleted before deal, you don't know, how and where is account involved and there may be lot of misunderstandings in the future because of this.

another point is, that maybe you will have different opinions than original acc holder so you will not be able to express yourself and your ideas. it is like buying other identity for this board..is better to build your own with own acc.

Though when searching for the membername in bitcointalk it should become clear if something fishy happened with the account. I dont think its so very easy to scam with that when a buyer is investigating first. Mostly there are many interested persons and some of them will investigate and post their findings when they find bad things.
3433  Economy / Economics / Re: How-to Trade the FOREX Market and use/earn bitcoins doing it! Check it out :) on: July 13, 2015, 08:43:57 PM
Its half a month later. Hopefully that wasnt only a tutorial a noob could create to get some referrals.

Guess im bitcoin community damages... everywhere i see potential scams. Dont know if i should think of that as a good or a bad thing. Roll Eyes
3434  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 13, 2015, 08:38:13 PM
I only now thought about that all the currency controls at airports are completely useless when it comes to bitcoin. Till now people tried to hide cash in clothes, use diamonds or something, now they have a usbstick with an image that has a tiny encrypted file inside that contains a private key. Its so absolutely hideable that its funny when they would try to search someone. I mean all these controls would go to waste. You can hide a small file or even some signs everywhere.

In a sense bitcoin is awesome.
3435  Bitcoin / Bitcoin Discussion / Re: Are we stress testing again? on: July 13, 2015, 08:27:06 PM
The network is actually working exactly as it is supposed to.  Nothing with bitcoin core is broken from the flood of transactions, except the ability to send free transactions through the network in a timely manner, if at all.  That is by design.

There are tons of posts on reddit by ordinary users complaining about their transaction being delayed for many hours.  They are mostly those who who just let their wallet app choose the transaction fee.  It happens that the stress test is now using standard and maybe above-standard fees.  

Luckily, this is a (pedagogical?) test, not an attack.  Thus, clients who have read the source code of the core implementation (and are aware of the modifications and parameter choices made by the major miners and relay nodes) can easily compute the fee that will let their transaction go through in the next N blocks, provided only that they correctly guess what fees will be paid by the 20'000 x N transactions that will be issued by the testers in the next 10 x N minutes, and also by the 800 x N transactions  that will be issued by ordinary clients who want to get their transactions in front of the queue.

For example, half an hour ago the fee to get into one of the next 12 blocks was 4.5 US cents, but then the testers paused to catch their breath, and now it is only 2.6 cents or so.  Hurry up before they resume, perhaps by raising their fees.

Apparently, the total cost of this stress test so far has been ~30 BTC yesterday, and ~20 BTC today, not counting the "payload" (output amounts) that is ultimately being donated to Wikileaks, charities, and known "public fountain" addresses.  That is ~15'000 USD, which is about three times Coinwallet's originally declared budget (5000 euros).   Their peak transaction issuance rate, according to statoshi.info, was over 100 tx per second (the actual capacity of the network being ~2.7 tx/s).  

Now imagine what a *malicious* spam attack fould do with that sort of budget...

I cant believe that some claim that bitcoin is working as intended. Its simply not normal that the forum, reddit and all other places, are full of persons that are annoyed about bitcoin. What should you do with a currency you cant use? Its simply not normal when transactions get stuck because some senior teacher try to teach the community. It brings so much trouble to bitcoin. Even i had a transaction stuck two days until i resetted it. Simply because i did not know that they started spamming again. Nothing is normal.

We want bitcoin being adopted and then trying to punish newbs and users with things they dont care and should care about? This is an attack on a big economy. And even when you would say the big companies simply adjust their fee, there are many complaints and even scam accusations because withdraws didnt happen because of these scams. There will always be transactions stuck when such things starts.

Its so annoying. And they did not stop yet. I wonder when they think they made their point.
3436  Local / Biete / Re: 20% Rabatt auf amazon.de Bestellungen on: July 13, 2015, 08:25:46 PM
Ich habe mit MrLehmann per PN geschrieben und habe ihn nach den Details einer Bestellung gefragt, die ich mal über ihn auf Purse.io gemacht hatte. Er ist der echte MrLehmann von purse.

Soweit ich das sagen kann ist er ein ehrlicher Typ. Er hat mir Sachen erstattet ohne dass er gezwungen war. Würde ein Scammer nie tun. Kann ihn also empfehlen. Smiley
3437  Bitcoin / Bitcoin Discussion / Re: Are we stress testing again? on: July 13, 2015, 07:56:24 PM
The current maintaners of the reference implementation want to keep the blocks small so that the fees will go up so that only large entities would be able to use bitcoin directly; other bitcoiners would have to use services like Coinbase or Circle, or some "overlay network" that their company is developing.

I know that and its a bit stupid to go and try to hinder adoption by limiting the use of bitcoins. Centralized exchanges for the poor? Bitcoin was invented as a way to circumvent banks. With min limits as to how much you can or should send this isnt achieved.

Saying that... i dont see a reason why chinese miners shouldnt sit together and decide to only accept transactions with a high fee anymore. They would slow down all other transactions and surely user will raise fees.
3438  Other / Off-topic / Re: How many Bitcoins are lost forever? on: July 13, 2015, 07:38:03 PM
there was a story of a guy who had a HDD with a large amount of Bitcoin on it, and he threw it away, and went digging through the dump.  7500 Bitcoin mined on a laptop!! Those were the days, LOL!!

http://www.theguardian.com/technology/2013/nov/27/hard-drive-bitcoin-landfill-site
Yeah I heard that as well, I would've searched my ass off on that dump if that had happened to me. But it never will as I still online wallets for my transactions and bitcoins.

Oo You realize that WAY more bitcoins were lost (to their owners) because they held coins on exchanges, online wallets and such? You really should think that over. Giving your bitcoins to someone other brings always the question up if you get them back. Only when you control the private key and no one other has access to it, then you can say that you are relatively safe.
3439  Other / Off-topic / Re: How many Bitcoins are lost forever? on: July 13, 2015, 07:35:53 PM
Is that possible to a "lost private" key Bitcoin wallet to get hacked by someone, and send out the Bitcoin?

It's possible.  If the password was generated, for example, on an Android client before they fixed their system Random Number Generator. 

Otherwise, it's technically possible but a bit less likely than Pluto turning out to be made of antimatter.

I believe there are a lot of users observing or creating addresses with brainwallets. Then watching these addresses and emptying them when a poor victim is choosing a too bad brainwallet. Someone made an investigation and it seems that ALOT of addresses are observed that way. Watching for poor victims who upload some coins on "their" address.
3440  Local / Biete / Re: 20% Rabatt auf amazon.de Bestellungen on: July 13, 2015, 07:26:35 PM
Hi MrLehmann, war schwierig dich zu erreichen. Und ich musste Purse wirklich bearbeiten dass sie den Kontakt zulassen. Tongue

Ich kenne MrLehmann von Purse und ich hatte nie Probleme mit ihm. Ich kann den Escrow machen falls jemand einen sucht.

Auf jeden Fall bin ich froh ihn wieder zu haben da ich sonst nie so schöne Prozente gekriegt habe. Achja, MrLehmann ist auch ehrlich, er hat mir mal Sachen erstattet die ihm statt mir erstattet wurden.

Ich werde MrLehmann jetzt mal per PN kontaktieren um abzuchecken ob er wirklich weiß was er für mich gekauft hat. Dann kann ich ganz sicher sein dass er der echte ist. Tongue
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