If you are looking for a list of the stupidest, most uniformed comments, from what have to be the most technologically ignorant people around, take a look at the comments below this CNN article, but what do you expect: http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html?hpt=hp_t2They covered pretty much everything here except any comments here that had any technical understanding. By the way, in their view, if you support bitcoin, you are a Fox News watcher according to some of the people there. Of course if the comment section is an indication of the caliber of the CNN viewer, I'd watch Fox.
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Can't find the OP is a retard option.
LOL. I doubt that option will be added!
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Shadowstats.com has interesting graphs and statistics measuring "real" inflation versus "official" inflation.
This is a good site, beat me to it.
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- raise mintxfee and minrelaytxfee back to defaults (0.0001)
Anyone know where (in the coin source) the default mins can be found? Searched but could not find it. Trying to see what would be good values for some altcoins. Probably in ~/.bitcoin/bitcoin.conf Assuming I understood what you were asking. :-) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) where in the coin source (ex: https://github.com/bitcoin/bitcoin/tree/master/src). Different coins prob. have different default minimums. I think this is what you are looking for around line 53-55: main.cpp: /** Fees smaller than this (in satoshi) are considered zero fee (for transaction creation) */ int64_t CTransaction::nMinTxFee = 10000; // Override with -mintxfee /** Fees smaller than this (in satoshi) are considered zero fee (for relaying) */ int64_t CTransaction::nMinRelayTxFee = 1000; :-)
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vertcoind is running fine, and I was going to try running p2pool on VTC to try out your mod, but am getting an error:
exceptions.ImportError: No module named vtc_scrypt
Any suggestions one what dependencies on Ubuntu 13 are needed for p2pool? I am using the donSchoe / p2pool-vtc fork from github.
:-)
Check the README file for instructions on installing the vertcoin_scrypt module. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The subtly hidden readme. ;-) Usually they just say "see docs". lol. edit: that did it. Thanks for the pointer. I'll check out your mod for it next. ;-)
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You could change networks.py to try and have a lower share difficulty but it'll go back up once more hash power joins the network. The way p2pool is designed, there is always going to be some level of hash power that is so small the variance is too high for people to stomach. For them it's probably better to use a proxypool like doge.st is designing. vertcoind is running fine, and I was going to try running p2pool on VTC to try out your mod, but am getting an error: exceptions.ImportError: No module named vtc_scrypt Any suggestions one what dependencies on Ubuntu 13 are needed for p2pool? I am using the donSchoe / p2pool-vtc fork from github. :-)
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Once you out this live, change the passwords since you posted them here.
I hope that's not his real pass... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I would hope not, but figured better to be safe. ;-)
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Once you out this live, change the passwords since you posted them here.
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So many trolls in this thread. I think I'm going to use this thread as a way to decide who to mark "ignore". If they are giving advice here, they are either a troll or clueless. Either way I don't value anything else they have to say. Note: You all realize that you are commenting in a thread from 2010 and giving advice to the now defunct MtGox, right? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) There were a lot of people missing the point. Hence my comment above. :-)
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- raise mintxfee and minrelaytxfee back to defaults (0.0001)
Anyone know where (in the coin source) the default mins can be found? Searched but could not find it. Trying to see what would be good values for some altcoins. Probably in ~/.bitcoin/bitcoin.conf e.g. mintxfee=0.0001 minrelaytxfee=0.0001 blockprioritysize=8000 blockminsize=10000 Then your bitcoind will use those to construct the block. In most alts it is in the same spot, with a different name. Assuming I understood what you were asking. :-)
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* Bitcoin should be regulated * Bitcoin needs to have blacklists * I'm safely storing my coins on <insert web site here> * "We'll never see $3 again" (when it was under $3), but you can replace it with $1, $10, $33, $266, $1200. * Bitcoin is a Ponzi scheme * Bitcoin isn't backed by governments so it will fail. (Gold and silver aren't either). * "Incoming crash imminent" * "People can just print more bitcoins, they are on the computer" And my favorite for now: * "You can safely use tx id's to verify if a transaction has made it into a block" - MtGox.
There are so many though, it is hard to think of them all...
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You use fiat, criminals use fiat. How can we trust you?
People are people, some bad, some good. Currency will not change that. But Bitcoin lets you protect yourself from the fraudsters you cite - governments, criminals etc, redundant, I know - but only if actually used. People storing bitcoin at Gox or elsewhere are not using the advantages of bitcoin to protect themselves.
If you don't have the private key, it isn't your bitcoin. If used like fiat, it is vulnerable like fiat.
(And Gox itself was pretty incompetent.)
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If I lose the keys to my house, it's still my house.
Bitcoin private keys are the deed and the keys rolled into one. As long as you can protect your private keys, no one, including the government, can take your Bitcoins without your permission. If you aren't the sole controller of your private keys, you don't have any bitcoins. Create secure private keys, and then protect them, and you will never lose any bitcoins. +1 to Holliday and D&T. Private keys are like bearer bonds where if you have the bond, you own it, no questions asked. You could do what you wanted with them, clip the coupons and get paid etc. But you had to store them somewhere safe from thieves, natural disasters and the like. There was no way to get them back if destroyed by fire for example. If there were "bearer deeds" for houses, and you lost it, the house would no longer be yours. Private keys are not analogous to house keys, despite the name. As far as the complicated nature, yes, the internet and everything from credit cards to cars is complicated but we abstract the complicated portions downward so it seems simple. Bitcoin will have that eventually so people can protect themselves better. Query: if you could store 100 bitcoins in one address or in 10000, which makes more sense? From a protection standpoint, the 10000. From an easy of use standpoint as of now, the former. Soon though, you'll be able to store each whole coin in 10 or 100 places so that you won't lose much if one private key is exposed. It will all be abstracted down so you do t even know it though. The suggestions above help prevent the loss of keys by storing them in a distributed fashion or encrypting them so that they are inaccessible even if viewed. Compared to bearer bonds, that is good. The point is that you should have your own coins under your control or you just have a ledger entry for them on someone's books. :-)
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Let's say person X (attacker) withdrew e.g. BTC 666.696969 from Gox (or any other exchange). The same person X needed to claim exactly the same amount (BTC 666.696969) from Gox a week or two weeks later, right?
What could be done is to run a query on blockchain data to identify such transaction pairs, initiated from addresses that once had a fairly high value of ''total received'' (indicating they were exchange address) and sent the same amount (BTC 666.696969) twice within a certain period of time.
If someone identifies such pairs, then we might at least get the idea of the maximum possible malleability threshold that went on the Bitcoin network.
You couldn't do that, because only one of the transactions would actually be in the block chain. So you would never actually see the pair of transactions. You can only catch this stuff while neither of the equivalent transactions has entered a valid block. Both transactions would be in the blockchain - the initial withdrawal and then the re-withdrawl request several weeks later which mtgox would have allowed. This is different than the initial gox withdrawal which had the tx id mutated and eventually made it into the blockchain albeit with this mutated tx id.
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p2pool.com has added Unobtanium pooled mining, FYI.
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I think those mygox yubikeys are going to collectables any day now.
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One of the essences of BTC is that you are in charge of your own financial life. If you have delegated that to someone - MtGox for example - then you have to be darn sure that they are competent and honest. For nearly 3 years, Gox has had issues and although there have been promises of them fixing them, they didn't. And yet people kept leaving coins there. Remember, if you don't have your private keys, your coins are just ledger entries on someone else's books and you don't really own them. Sadly the very essence of BTC got hurt with the fall of MtGox. BTC was here so that people would not have to wory about loosing their funds. And here we are with similar crroks (Mark) as in the traditional banking system. And it does not get better when out BTC Jesus favours his friends at MtGox! He admits it in this youtube video https://www.youtube.com/watch?v=GRIJ_jpmwzoSo what are we left with? A volatile currency that is complicated to buy and hard to spend. Yes, every day we have more merchant accepting bitcoin. But why would a newcommer buy BTC so that he can save some money of his purchase at overstock? With all the hassle it does not make sense for him / her. Yes, BTC will still stand, but sadly more as a speculative asset. And with far less intrinsic value (trust) in the system! Hope I will be proven wrong becasue I still have 50% of my coins left.
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I think the key is here: twisted.web.error.Error: 401 Authorization Required I do not think that this is correct: rpcpassword=xxxxxxxxxxxxxxxx My understanding from here ( https://en.bitcoin.it/wiki/P2Pool) is that the rpcpassword= is not used on the command line so you might need to make it: --bitcoind-rpc-port 9334 litecoinrpc xxxxxxxxxxxxxxxx
Try that and see if it helps - that is how it looks for our setup. :-)
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The guy is a fraud. Don't believe a word he says. Even if he told the truth up there, he didn't specify if he was talking about the money on gox or his own personal money. Read closer.
In the chat he said all his bitcoins were at Gox. IF you believe him.
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