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3581  Economy / Service Discussion / Re: Bitcoin stolen from coinbase on: February 04, 2014, 03:14:55 PM
Thank you all. As explained earlier I have a strong pw 2fa auth and use same machine
that I use for all my bank transactions( I have never lost a penny at the bank)
In a space of one minute there were three ransactions on my account
one was flagged as fraudulent (by coinbase). One is still pending and the coins are still
missing
Clearly it is suspect that the transactions that happened within that minute are also
Fraudulent. All I assure you this is coinbase issue. Please do not keep your coins with them
Since this happened I have come accross other posts that shows problems with coin base.
I have tried to contact them- no lock. I have left my phone nos with them no one is calling me back
What are they hiding? If any one knows how I canreach them please post.

well thanks for the warning regardless. I added by bank account but did not yet verify the account with their 2 small transactions so I'll give everything a good look over before I decide anything.

I have had friends buy a few coins through coinbase and never had an issue - I did show them how to create a paper wallet and move them immediately to cold storage so that nothing is stored there.  As the saying goes, if you don't have the private keys, then you don't own the coins.  Just like at a regular bank, your money is only a bookkeeping entry until you are holding it.

that is a unique feature of bitcoin. It would be interesting if there was a way to 'back up' a bank account balance independently from the bank's control but I suppose the FDIC insurance wouldn't apply then. I don't think anything will happen that will cause people to lose their money outside of a hyper-inflationary explosion in which any number of investment vehicles including bitcoin could be handy. Still I love the paper wallet idea.. wealth in the palm of my hand, good as cash, yet able to back it up unlike cash.

I agree about if a hyper-inflationary explosion occurred a variety of assets would be useful.  Paper wallets are good if properly protected or encrypted.

Anyway, if you had asked the people of Cyprus in January 2013 if their money in their banks was safe, they probably would have given a similar answer regarding the only risk being hyper-inflation.  The risks may not be high, but it is there.

Check this article from PBS (notably, pretty government friendly) on Jan 30, 2014 about a Harvard Economics professor who withdrew all his money from Bank of America:

Quote
Is your money safe at the bank? An economist says ‘no’ and withdraws his
http://www.pbs.org/newshour/making-sense/is-your-money-safe-at-the-bank-an-economist-says-no-and-withdraws-his/
3582  Economy / Service Discussion / Re: Blockchain.com Shared send feature gone????? on: February 04, 2014, 03:06:44 PM
what if the dice site gives out your received and destination address to the FBI?

Why would I mind? I have not done anything illegal.
Besides, FBI probably have all my addresses already.

Please post your bank and credit card statements here.  You have done nothing illegal, so nothing to hide right?  [I am kidding, don't really post them]

If you really think privacy isn't important and only care about illegality, then read the book "Three Felonies A Day" from about 5 years ago.  The contention is that the average person (in the US in this book, but it applies world-wide given the statists around) commits on average 3 felonies a day unintentionally.  Even if they are off by a factor of 1000, that is still more than 1 per year and the attorneys who wrote it make a good case for their accuracy so I doubt they are off by that large a factor.  

Selective enforcement is a real problem when everyone is committing a felony and can be used for many purposes in an authoritarian country.  Many would argue that this is intentional so as to have power over the citizens of the country.

In short, don't be so sure you haven't done something illegal.
3583  Economy / Service Discussion / Re: Bitcoin stolen from coinbase on: February 04, 2014, 02:57:17 PM
I have had friends buy a few coins through coinbase and never had an issue - I did show them how to create a paper wallet and move them immediately to cold storage so that nothing is stored there.  As the saying goes, if you don't have the private keys, then you don't own the coins.  Just like at a regular bank, your money is only a bookkeeping entry until you are holding it.
3584  Bitcoin / Bitcoin Technical Support / Re: wtf? i woke up and it says my bitcoin got sent to some one's address on: February 02, 2014, 12:17:47 AM
If you have an offline wallet, you'll just the PUBLIC address to look it up someplace like blockchain.info

Don't put any private keys on that computer until you know what happened. And if any were on there, think about making new paper wallets and moving them. Better to be safe than sorry.
3585  Bitcoin / Bitcoin Technical Support / Re: wtf? i woke up and it says my bitcoin got sent to some one's address on: February 01, 2014, 11:59:03 PM
yea im running windows but how does that even happen.  im 99.9% sure i dont have a key logger.  i work in IT and im not that dumb to get a virus and stuff that easily.  they would need to have my my wallet in order to send themselves bitcoin right?  it is password protected.  im using multi-bit

They would just need the private key(s).  Hopefully you don't have a virus or key logger but the odds are you have some type of malware given that is how most people lose bitcoin.  
3586  Bitcoin / Bitcoin Technical Support / Re: wtf? i woke up and it says my bitcoin got sent to some one's address on: February 01, 2014, 11:53:50 PM
You may have malware on your computer.  Was the wallet locked? What software was it? Was it a brain wallet?  Lots of variables, but you should assume that your machine is compromised.

If you have other bitcoins, it would be smart to move them to a new address using a safe machine in order to protect them.  Are you running Windows?
3587  Bitcoin / Bitcoin Technical Support / Re: wtf? i woke up and it says my bitcoin got sent to some one's address on: February 01, 2014, 11:50:43 PM
It looks like it. You may have a key logger.  Where was this wallet? If it was a web wallet did you have two factor authentication on?  If on your own machine, you will want to check it.  I didn't retype the outgoing address to look at it.
3588  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com & Bitcoins.com - Research on: February 01, 2014, 07:25:01 PM
Interesting analysis; you folks seem to know your way around the domain game.  

Would you have any advice regarding LiteCoin.pe (peru), WeddingBitcoin.com, CoinHeavy.com, or Cointreversy.com?

I'm considering selling one or more of these but I'll likely hang on to them to see how things go.

I agree...and I've been doing domains since 1993 (and the internet (vs web) for 9 years before that!).  ;-)

3589  Economy / Speculation / Re: Today BTC = $800, $9200 to go and why 10 BTC will never make you rich on: February 01, 2014, 12:27:26 PM
Unfortunately I´m an late BTC adaptor (april 2013) and a member here since 2-3 months. I wonder, were this threads also like this 1-2 years ago? I mean, were people making threads with "will Bitcoin ever reach $10 or $100"?? I ask this because maybe we are awaiting too much grow from BTC at this point? I myself also cant imagine that 1BTC will be even worth $10.000.

INCREDULITY CHECKPOINTS I HAVE KNOWN
by sgbett aged 37 and a half.

#1 When it broker back through the ATH of $30
#2 When it just carried on.
#3 When it broke $100. omg.
#4 When it just carried on.
#5 When it broke $200. Holy shit.

crash. and pause for breath. well that that was fun whilst it lasted. never gonna see that kind of action again...

#6 When after just a few months, it retested ATH and smashed through it
#7 $300,$400,$500. rofl this is rediculous (sic)
#8 $1000. srsly wtf.

At all times $price*2 was considered wild. Price*10 was laughed out of town.

This be the craziest BiTCh I ever did see.


Don't forget the oldie, but goodie: dollar parity!!!!  "Omg, dollar parity is a bubble.  It'll be back less than a cent any second now. It is just a ponzu scheme for nerds."  Grin
3590  Economy / Speculation / Re: When will bitcoin reach 1,000, 2,000, 5,000, 10,000, 40,000, 50,000, 100,000 on: February 01, 2014, 12:22:03 PM
Come on, I want to get rich too... but 100k...? Not going to happen. Where is the money going to come from to support such a huge valuation? The days of enormous gains are behind us. Next rally might bring us to 2 or 3 grand, followed by maybe 5k by end of year. That's a bullish scenario. Really bullish. We might just end up oscillating around $800 for the whole year.
bitcoin appeals to all markets.
small market cap is 50billion. there will be no problem reaching 50 bln. it is likely to reach 500 bln. there is easily 500bln out there for bitcoin. there is 500 bln for mastercrd, visa and paypal. Bitcoin will represent many more markets.


I'm not sure here, I may be wrong but I believe the market cap for MC, VISA and PP is way less then 500B.

Transaction volume, not market cap.
3591  Bitcoin / Bitcoin Discussion / Re: Fee deducted from the transferred amount. Insane. on: February 01, 2014, 01:58:22 AM
Have you checked the transactions to see if there is a common web wallet you can locate? If non-web, there aren't many options to test..

I am fairly certain no desktop client deducts miner fees from the amount sent.  MtGox charges 10x the min fee for withdraws but it is taken from account balance not the amount sent.  I am fairly certain bitstamp and coinbase do the same.    So it probably is some web wallet or smaller exchange.  Not sure why people use exchange accounts as a spending wallet but they do.    I agree with the OP it is an utterly stupid decision.  I mean it break even "common sense".  If I use my bank account to do a transfer, bill pay, or even bank wire there may be a fee but the fee is never deducted from the amount being sent.  It would cause all kinds unnecessary chaos, support calls, and upset customers in the traditional finance world as well.

If any user (or any service, exchange, web-wallet, etc) can confirm an instance where a tx fee, or withdraw fee was deducted from the amount sent please post an example as someone needs to beat that developer over the head with a book on software design.

I agree, I was trying to get OP to limit the variables with more information.  It is definitely stupid, but we still can't tell where it is coming from.  :-)
3592  Economy / Speculation / Re: Today BTC = $800, $9200 to go and why 10 BTC will never make you rich on: February 01, 2014, 12:21:57 AM
A price of let's say, even 10,000 will make the 1k BTC holder worth 100 million USD.
I like your math. Smiley

Yeah, 1000 bitcoins X 10,000 per bitcoin isn't 100 million, but 10 million.

:-)
3593  Economy / Digital goods / Re: Can I ask an opinion on selling domains? on: January 31, 2014, 09:37:56 PM
I'm looking forward to getting it up for sale, and I expect some interest, but in the meantime is there anything that I can do to raise it's profile, unhosted as it is?
PS: Please excuse me for not naming it, I'd prefer to do some prepwork first.

Short answer: just post it here

If you post it here and start getting offers for the price you want, then you've saved yourself unnecessary time and work. Conversely, if you don't get the response you had been hoping for, list it on a domain auction site and/or start developing to increase its value.

Of course, if the domain isn't what you are hyping it up to be, none of this applies.. Good luck

Good thoughts
3594  Economy / Digital goods / Re: Can I ask an opinion on selling domains? on: January 31, 2014, 08:48:15 PM
Hey,
It is hard to say whether a lot of effort is worth it.  IF the buyer knows what they are doing and have a need for the name they will see the value whether it has traffic or not.  Think about, say, casino.com, in the mid 1990s it had no traffic, but now I bet it has a ton. 

You and your friends could always list it on Sedo.com and see if you have any interest.  You NEVER have to accept an offer there (there are other similar sites that sell it, I only am referencing them because I've used them), and they'll park it for you if you wish.  I have sold a few names there and bought a few there.  (And bought a lot and sold a lot before they were around).  Bitcoin is definitely a nice way to get paid for it - if they insist on fiat, you can always buy bitcoin with it of course.

3595  Economy / Economics / Re: 2014-01-31 Greece is Back: Germany, France, Creditors Hold Secret Meeting Due To on: January 31, 2014, 08:34:21 PM
Lalalalalalalalalalalalalalalalala Please stop posting this trollish FUD against the mighty euro. Everything is fine in Euroland. Government debts are totally sustainable and the banking sector is well capitalised lalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalalal alalalala



And the Dollar is in just the same shape.  ;-)
3596  Economy / Digital goods / Re: Can I ask an opinion on selling domains? on: January 31, 2014, 08:26:28 PM
Depending on the domain, you can list it with sedo.com among others if you don't want to just sell it here - they are just one of the larger ones.  They do take a cut though if they sell it.   They specialize in handling the listings and can do auctions or whatever.  If it is bitcoin specific, you should obviously let people know here, depending on the name.

Whatever you do, do not rely on those automatic web site calculators of domain value because they are not very reliable except to get a lower bound on it.  As you pointed out, the value is in the name as it can be developed, not on traffic now.  A vacant lot in London won't get a millionth of the traffic a lot with a 50 story building in London.  So, if you get someone who does not understand the difference between a 30 meter by 30 meter vacant lot in the middle of Montana and a 30 meter by 30 meter vacant lot in the middle of London or NY they'll never give you a good price. 

If you give us the name (or PM it) I'm sure that there will be plenty of people who'd be able to give you an idea on the value. 

3597  Other / Archival / Re: delete on: January 31, 2014, 08:20:12 PM
Can you pm the private key for this one:

1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX


 Grin
3598  Bitcoin / Press / Re: 2014-01-30 Bloomberg - Bitcoin Needs Tighter Rules Than Banks, Say Prosecutors on: January 31, 2014, 07:56:57 PM
Yawn ...

... wouldn't it be great if people had to actually know what they were talking about before being asked to speak publicly? BTW what does it mean when someone puts "Jr." after their name, Jerk?

They used to say (even though it is not always true, but still funny):  "Jerk = Junior Educated Rick Kid". 
3599  Economy / Economics / Re: Should bitcoin be backed by something like bullion? on: January 31, 2014, 07:50:28 PM
This needs to be a FAQ.
3600  Economy / Economics / 2014-01-31 Greece is Back: Germany, France, Creditors Hold Secret Meeting Due To on: January 31, 2014, 05:20:55 PM
Greece Is Back: Germany, France, Creditors Hold Secret Meeting Due To Greek Bailout "Mounting Concerns"
http://www.zerohedge.com/news/2014-01-31/greece-back-germany-france-creditors-hold-secret-meeting-due-greek-bailout-mounting-

(reported in WSJ too).

Quote
There was a time - roughly between May 2010 and the spring fall of 2011 - when all the world had to worry about was Greece. Then the realization finally dawned that since a Grexit from the Eurozone would kill the EUR and the European integration dream with so much "political capital" invested, crush Deutsche Bank, and bring back the much dreaded (by German exporters) Deutsche Mark, it became clear that there is no fear that Greece, which is now a decrepit shell of a country with a collapsed economy and society in shambles, has now become a slave state to European bureaucrats, business and banks (in Nigel Farage's words), will never be formally kicked out of Europe and only an internal coup would allow it to finally break free from the clutches of unelected European tyrants. And then the world moved on to more important things: like Japan, China Emerging Markets and how they are all enjoying the Fed's taper. Sadly, we have to report, that Greece is once again baaaaack.  ...
continued....
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