Sooooo, 'someone' got a matter that deserves wide interest and general discussion promptly moved to "Scam Accusations" side topic. https://bitcointalk.org/index.php?topic=1105722.0 even though 5 legendary high-trust members felt fit to comment upon it. It is time to begin a meta discussion about how we deal with known bad actors from inside bitcointalk. Especially now we have clear knowledge of paid disinformation agents covertly running pay-per-topic-pumping schemes on these forum boards. We cannot tolerate knowingly harboring nascent scammers and paid shills in our midst. Would the moderator who moved the above topic like to explain who contacted him/her and if he was paid to move the topic by cypherdoc to do so? Here was the original legal document if anyone can't be bothered linking to the revelation. Judge for yourself if this scandal is worthy of general discussion? gov.uscourts.canb.532683.1.0.pdf
Inside that document the title will be:
California Northern Bankruptcy Court Case No. 15-03011 Hashfast Technologies LLC- Adversary Proceeding Document 1
Examine p1, pg 6. And I quote:
"At the times of the Transfers, the BTC transferred to the Defendant were worth $363,861.43. Based on the value of the BTC at the time of the transfers, the Defendant received approximately $11,370 per day or $2,274 per post on the “HashFast Endorsement” thread on Bitcointalk.org. By contrast, the highest salary paid to any principal or employee of HFT and/or HF was $144,000 for the entire calendar year of 2013."
Examine p3, pg 6. And I quote:
"At the time of the Transfers, the Debtors owed substantial sums of money and/or equipment to numerous customers and/or vendors. Many of these obligations remain unpaid and constitute general unsecured claims against the Estate. As of September 30, 2013, the Debtors’ balance sheet had a negative equity balance of about $5 million." http://www.plainsite.org/dockets/2k5w2nwul/california-northern-bankruptcy-court/hashfast-technologies-llc-adversary-proceeding/Looks like cypherdoc siphoned 3000BTC off Hashfast while customers were pre-paying for undelivered mining equipment. The payments were made in return for his 'shilling' on bitcointalk.org in the HashFastEndorsement thread. So probably some kind of pass-thru, tunnel or quid pro quo arrangement to ultimately bilk HashFast customers, I mean $2,274 per post, wtf?! Edit: okay, I got a reply from the mod who moved the original post and it seems like he legitimately thought it was a scam accusation, although I didn't intend it like that. I think it is because the court documents show defense claims of $2,274 per bitcointalk.org post seem so outrageous on the face of it that the original post may indeed look like a scam accusation, which it isn't per se. |
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Looks like cypherdoc has got this thread promptly moved off the front page, no wonder, the HashFast scandal stinks to high almighty. I'm just disturbed now that he may have paid some bitcointalk moderators to achieve this manipulation ... maybe it is time for a general cleaning of house around bitcointalk.org?
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lol right, hmm.... >$32,000 in <2 years, starting now!  oh and 309 because my gf had a dream about bitcoin charts, in the dream i was all super excited showing her the price was 309USD the adam's gf rally ... on the back of the adam's wife's 1.75 year long dump |
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gov.uscourts.canb.532683.1.0.pdf
Inside that document the title will be:
California Northern Bankruptcy Court Case No. 15-03011 Hashfast Technologies LLC- Adversary Proceeding Document 1
Examine p1, pg 6. And I quote:
"At the times of the Transfers, the BTC transferred to the Defendant were worth $363,861.43. Based on the value of the BTC at the time of the transfers, the Defendant received approximately $11,370 per day or $2,274 per post on the “HashFast Endorsement” thread on Bitcointalk.org. By contrast, the highest salary paid to any principal or employee of HFT and/or HF was $144,000 for the entire calendar year of 2013."
Examine p3, pg 6. And I quote:
"At the time of the Transfers, the Debtors owed substantial sums of money and/or equipment to numerous customers and/or vendors. Many of these obligations remain unpaid and constitute general unsecured claims against the Estate. As of September 30, 2013, the Debtors’ balance sheet had a negative equity balance of about $5 million." http://www.plainsite.org/dockets/2k5w2nwul/california-northern-bankruptcy-court/hashfast-technologies-llc-adversary-proceeding/Looks like cypherdoc siphoned 3000BTC off Hashfast while customers were pre-paying for undelivered mining equipment. The payments were made in return for his 'shilling' on bitcointalk.org in the HashFastEndorsement thread. So probably some kind of pass-thru, tunnel or quid pro quo arrangement to ultimately bilk HashFast customers, I mean $2,274 per post, wtf?! |
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Check it out. Featuring our very own Jorge Stolfi: http://motherboard.vice.com/read/bitcoin-is-unsustainable
Bitcoin can currently handle up to 360,000 transactions per day given current limitations built into the technology, according to Jorge Stolfi, a computer science professor from Campinas University in Brazil, so there’s some headroom left before things bog down.
It would be possible to bring down the average power cost of each transaction by modifying the underlying Bitcoin protocol, but that’s no easy feat. The Bitcoin community is currently debating a big change that would mean the network could theoretically handle about 7.2 million transactions a day on a comparable level of electricity consumption, according to Stolfi. That would require a majority of the people mining Bitcoin to agree to the change, however. The Trolfi cancer is metastasising. |
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they actually made Gold illegal and therefor forced everybody to sell the gold to the US Treasury in 1934.. Called Gold Reserve Act.
You also can't travel with Gold which isn't declared.
I am not saying it's going to happen tomorrow... But they don't fuck around when it comes to keeping their fiat alive at any price.
That was back in 1934 and in the US alone. I'm pretty sure that the Greeks are trying to find a way out of situation while the price is slowly rising. I'm just asking myself how come there isn't a Bitcoiner from Greece who should be running conferences or meetings right now in the public? That would definitely help Bitcoin and any Greeks who are interested in buying. I don't recall Andreas Antonopolous ever giving a talk in Greece on the dangers of centralised fiat banking, icbw. |
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Again, "communism this soviet that". Cut the bullshit. We are in 2015, technology today does things that we could only have dreamed about in soviet ages. Again: tons of jobs getting automated by machines, few new jobs being created to try to stop the perpetual unemployment. Therefore: dead end. How do you change this? everyone becomes a programmer and a technician that fixes the robots? lol.
I had always believed that eventually humans would not longer be doing the work but replaced by robots with the same capability. A persons job would be maintaining the robot. So instead of flipping burgers for a living, one will be maintaining the robot(s) that flips the burgers.
The main problem is the people that will have the brains to take care of the machines will be the 1% compared to the rest, specially someone that has been doing the same thing for decades and suddenly finds out what he does is deprecated by a machine.
"We need communism because ... robots." That's your argument right? Have some faith in humanity and the power of the emergent good of motivated individuals to keep solving societies toughest challenges, as they have done already for millenia. |
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Yes. I would also like to know how much data Bits_of_Proof has about trezor users' habits that have connected to mytrezor.com that will become the property of Digital Assets Holdings? Does Bits-of_Proof have any of the following: - data about IP addresses used by mytrezor.com users connecting to mytrezor.com - data about bitcoin public addresses used by mytrezor.com users - data about timing of bitcoin transactions by mytrezor.com users - data about sizes of bitcoin transactions by mytrezor.com users ?? Appreciate your candid and timely reply in ensuring faith with the open source community of trezor users and contributors. From what I understand Bits of Proof only supplied backend code to the Trezor team that was incorporated into the website. As far as I know Bits of Proof does not, and has never, had anything to do with the actual operation of the MyTrezor website. Possibly, someone from Team Trezor can confirm this? As I understand, it was a piece of closed source, javascript plug-in to be specific. We would have to take Bits-of-Proof's word what it actually did, without serious wire analysis and deep packet inspection on it's comms. icbw |
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Yes. I would also like to know how much data Bits_of_Proof has about trezor users' habits that have connected to mytrezor.com that will become the property of Digital Assets Holdings? Does Bits-of_Proof have any of the following: - data about IP addresses used by mytrezor.com users connecting to mytrezor.com - data about bitcoin public addresses used by mytrezor.com users - data about timing of bitcoin transactions by mytrezor.com users - data about sizes of bitcoin transactions by mytrezor.com users ?? Appreciate your candid and timely reply in ensuring faith with the open source community of trezor users and contributors. |
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All this panic about jobs disappearing is non-sense to me. Lets make robots do ALL the work, and let us humans live lives of leisure.
The economy used to have businesses provide goods and services by paying employees for their labour. Those employees were then able use those wages to consume the goods and services the businesses created. Today, the production of goods gets cheaper and cheaper, largely because robot are replacing workers. This, however, is destroying the consumer base that's supposed to buy those goods in the first place. How can anyone consume goods, however cheap, if no one has any money?
The solution? A Universal Basic Income. Businesses can still automate all they like with no fear of killing off their customers. It's a win-win solution for everyone. I've never been a socialist but I simply don't see any other outcome for this dead end.
No. A Universal Basic Income is just another communistic fix to a deeper communistic caused problem. You need to first let people keep the money they can earn before you think about taking it off them to give back to others ... if governments stopped ripping off people and facilitating powerful people to rip off economically weaker people you start to go in a good direction again. The governments are causing the problems, why look to more government solutions to problems they are creating? That's insanity defined. |
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People who own the machines automobiles will reap the rewards just as people who "own" the labor reap the rewards now. This is unacceptable except for the owners.
It's time for the rest of the people to collectively own the machines automobiles to eliminate the advantage of the few over the many. Only then will the true capability of machines automobiles be realized for all. Until then, it will be the same good ol elite exploiting the rest of the population scam.
ftfy. the government should own all the cars, trucks, tractors, bulldozers and factories by that logic ... ask the soviets how that turned before spouting nonsense to the world perhaps? |
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I found some excellent data. Ookla has been empirically measuring upload and download speeds for over a decade and from all over the world, based on its speed test results: http://explorer.netindex.com/mapsThe pricing information is lacking, however. Wow, nice find. Interesting to see some of the 'backwaters' are the leaders and wonder what that will do for their economic prospects. e.g. Kansas, MO is leader in the USA! Edit: There is some pricing info there, you can select "Value" (or Upload) as your metric. |
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So do we have a roadmap, or is more research needed?
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.... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you?
Here in British Columbia, and according to these numbers from 2013 ($0.45 / GB), 1 bitcoin buys you about half a TB of bandwidth. Unfortunately not all bitcoin nodes are located in British Columbia, as lovely as it is. Does anyone know of a comprehensive summary of bandwidth costs across the world, as well as typical upload and download bit rates? Well that would be the real research that needs to be done wouldn't it ... so probably not, at least I haven't seen it. And you would then need to see how that translates into real bitcoin data being passed around on the real bitcoin network. |
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.... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you?
Here in British Columbia, and according to these numbers from 2013 ($0.45 / GB), 1 bitcoin buys you about half a TB of bandwidth. Unfortunately not all bitcoin nodes are located in British Columbia, as lovely as it is. |
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An earlier link in turn lead to a pdf for a Congressional Research Service analysis of bitcoin. I read that paper. The word choices and scenarios presented in this analysis suggests to me that they are viewing bitcoin as a disruptive technology, but not in a knee-jerk fearful manner. Here it is for free: Elwell, Craig Kent, M. Maureen Murphy, Michael V Seitzinger, Library of Congress, and Congressional Research Service. Bitcoin Questions, Answers, and Analysis of Legal Issues. Washington, D.C.: Congressional Research Service, 2013. (updated: January 28, 2015) It's pretty interesting, just to see how how they understand Bitcoin. Interesting indeed. So they updated this report after Gavin's debrief or before? |
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We obviously need a bigger block size if we want to challenge the big payment electronic systems. My main concern is that the people running nodes could be severely decreased due the blockchain being bigger than ever.
This is my issue as well. If the blockchain.. when the block chain reaches 1 TB.. there will be issues with everyone running a node.. IT would appear the size of the blockchain is out pacing the upgrade in harddrives... No. No. And just no, stop saying this if you don't want to be seen as a intentionally misinforming. The size of the blocks is, and has always been, bandwidth limited. One bitcoin buys about 6 TB of hard drive. I'm not sure if you are kidding, being disingenuous or just a simple smart-ass trolling. Buying a hard-drive doesn't get you more bandwidth (did I really just need to say that??) .... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you? |
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Today our Indiegogo crowd-funding campaign will be cease! Thank you for your support and more than 250% of our funding goal! LAST TIME CALL - a 24 hour special-offer flash sale designed to encourage Last Bird pledgers to acquire one of the last Cryptosteel perks is now running - and counting time down  Grasp the Last Single Bird and The Last Dual Bird - free world wide delivery! https://www.indiegogo.com/projects/cryptosteel-the-ultimate-cold-storage-wallet Congratulations. I hope the money you raised is spent wisely on efficiently producing your innovative products and growing your business. Be careful that the euphoria from the successful money raising does not cloud your judgement on future direction. Good luck. |
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We obviously need a bigger block size if we want to challenge the big payment electronic systems. My main concern is that the people running nodes could be severely decreased due the blockchain being bigger than ever.
This is my issue as well. If the blockchain.. when the block chain reaches 1 TB.. there will be issues with everyone running a node.. IT would appear the size of the blockchain is out pacing the upgrade in harddrives... No. No. And just no, stop saying this if you don't want to be seen as a intentionally misinforming. The size of the blocks is, and has always been, bandwidth limited. |
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