This quote states Bitcoin block time distribution is exponential but it doesn't provide any mathematicalevidence to prove that it is. However, the quote explains the negative time difference between blocks is due to inaccurate timestamps. Apparently miners can use timestamps that bare no relation to the real time. |
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manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?
A reddit poster did some research that revealed a possible candidate for the bearwhale. The EU requires Bitstamp to give them a list of users that withdrew over €30k, and the EU makes that list public. The list only had one user that withdrew the amount of money the bearwhale made, so he's either that user, or never withdrew, or brought back in at lower prices and withdrew in Bitcoins. The bearwhale is probably the VELIKA BRITANIJA BITCOIN SUB-FUND. https://www.reddit.com/r/BitcoinMarkets/comments/2s1wd3/could_bearwhale_be_asic_miner/The best candidate for who bearwhale is by looking at the financial list demanded by EU for any tx exceeding €30k in areas where there "is a greater probability of occurrence of money laundering or terrorist financing" ( http://www.uppd.gov.si/si/delovna_podrocja/vsebinska_podrocja/objave_38_clen_zppdft/podatki_o_transakcijah_38_clen_zppdft/) ( http://www.uppd.gov.si/fileadmin/uppd.gov.si/pageuploads/NAKAZILA/Arhiv/nakazila_06012014.xls - the most current list) In it we find this: 5496 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5495 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5494 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5493 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5492 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND. BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5491 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5490 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 49 888 840 5489 10.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 840 5449 04.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND EMERGING BERMUDA, HM DX HAMILTON, MALTA 999 099 5397 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5396 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 5395 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 604 937 5394 02.12.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, MALTA 999 099 26.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 25.11.2013 BITSTAMP LIMITED 5 JUPITER HOUSE CALLEVA PARK, ALDER, BERKSHIRE, VELIKA BRITANIJA BITCOIN SUB-FUND BERMUDA, HM DX HAMILTON, BERMUDI 999 099 So only in december those guys cashed out ~€11,6 million euro - and if we add late november we are at €13,6 million - about $16million dollars. There are no other possible candidate in that list. So if it's not Exante (bitcoin-fund) then bearwhale didn't withdraw to fiat. |
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Rather than knowing the best wallet to use I'd like to know if there are any wallets we should avoid because of how they cope with malleability. Are they all OK if we wait for six confirmations or are there some that malfunction even after six confirmations? I haven't moved many Bitcoins since the attack so I have not experienced the malleability problem yet.
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...
Was cold wallets a posibility back in the day?
Yes and he claimed he was using them to store most of the Mt Gox coins in. Later he claimed his cold wallets had "leaked" and he'd lost most of the coins, but that's impossible if he did a competent job when creating them. If he gets caught with secret competently created cold wallets containing Mt Gox coins there will be hell to pay. |
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They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping.
They only gathered 30,000 coins or so. That's plenty but not enough to do any lasting damage to the price. Did they really do lightning dumps? Them of all people should be aware that giant market dumps don't do anyone any favours. They chose to dump right after Bitstamp was hacked and everyone was panic dumping before the hacker had a chance to start dumping. There wasn't much buy support left and thousands of Ethereum IPO Bitcoins being dumped didn't help that support. The subsequent crash took us down to $150. |
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Most their funding is in Bitcoin. Bitcoin's up.
I think they sold a large chunk of it. I recall some kind of fuss at the time. Yeah, you're right. They released their finances a month ago. http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/There's been some noise about Vitalik trying to find other funding solutions, but I don't know how far he's come. I just hope they manage to release enough, with whatever funding they get hold of, to enable the community to take over the baton. Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in. They dumped all their Bitcoins and crashed the price, but they gave themselves a massive premine of Ethers to dump. Are they still holding their premine or have they dumped it yet? Ethereum's price crashed after the launch anyway, but I don't know if it was due to the IPO buyers dumping, or that in combination with the devs dumping. |
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Yes it's called magicaltux and was last active on July 30, 2015 although his last post was two years ago. Here's his profile link where you can find all his old posts. https://bitcointalk.org/index.php?action=profile;u=2134He used it for customer relations in the early days after he had brought Mt Gox, which is still advertised in his signature. |
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lets wait for the fed decision and see if btc price is affected
They are leaving the rates unchanged as everyone expected, but they might review their decision in December. Will their decision really make any difference to Bitcoin's price? One analyst who often gets it wrong said it would go to $330 minutes before the Fed's decision, but surprise surprise, he got it wrong. http://www.reuters.com/article/2015/10/28/us-usa-fed-idUSKCN0SM0BJ20151028The U.S. Federal Reserve kept interest rates unchanged on Wednesday, but downplayed global economic headwinds and left the door open to tightening monetary policy at its next meeting in December. |
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And they say Bitcoin isn't corrupting. He's gonna find it hard in jail with no hookers to bang but I'm no surprised with this new allegation.
Is it an allegation or just a fact? Is prostitution illegal in Japan? I don't know what prostitution's legal status is in Japan, but he's been charged with spending customer's money on hookers. He hasn't had a fair trial yet so it's only an allegation until a court finds him guilty of it. I'm more interested in what he did with all the "stolen" Bitcoins, or if they really were stolen. edit] Japan has unusual prostitution laws. Paying for coitus is illegal, but paying for oral sex, anal sex, mammary intercourse and other non-coital sex acts are legal. https://en.wikipedia.org/wiki/Prostitution_in_Japan#Legal_statusThe definition of prostitution is strictly limited to coitus.[18] This means sale of numerous acts such as oral sex, anal sex, mammary intercourse and other non-coital sex acts are legal. The Businesses Affecting Public Morals Regulation Law of 1948 (風俗営業取締法 Fūzoku Eigyō Torishimari Hō?),[19] amended in 1985 and 1999, regulates these businesses. |
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The CNY markets led this rally and they just spiked at 2000 CNY a few times. Now they have crashed back down well below that mark. I don't think it matters what USD peak we get, all that matters is what the CNY markets do because the USD ones will follow. I don't know what's going to happen next with all these wild swings, it's stressing me out.
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I'm sure his wealthy wife will be thrilled to hear about this, and he might have trouble getting her to share the stash of BTC he probably gave to her.
I thought they were separated and she's moved out of Japan, although that's where she was born. I expect she moved when Mt Gox imploded and the press were all over Karpeles. She probably had to move country to get away from all the reporters and people talking about her wherever she went. This prostitute story is the last thing she needs and I hope nobody knows who she is wherever she's living now. |
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Tor has kept running without development being taken over by governments even though it originated through DARPA. There are new Tor like systems such as I2P which have also resisted government control. If they can operate without control over development so can Bitcoin. There are rumors the CIA operates Tor nodes to spy on people, but it hasn't taken control of development, and Tor is constantly being updated to counter threats like that.
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Nobody can really know for certain. Even if somebody comes out at the real Satoshi they could just be a fake. And the real satoshi would probably want to remain hidden anyway.
... Also, where did Satoshi originally gather up his "disciples" in bitcoin, meaning, on what forum did he originally propose the original idea and developments on? Here's a link to his original proposal. You can read the early discussions about Bitcoin there that were made in 2008 before the blockchain started running. All the important instigators of Bitcoin posted there like Hal Finney, Adam Back, and Wei Dai. Run a search for Satoshi on mail-archive.com to find his early work on Bitcoin. http://www.mail-archive.com/cryptography%40metzdowd.com/msg09959.htmlBitcoin P2P e-cash paper Satoshi Nakamoto Sat, 01 Nov 2008 16:16:33 -0700 I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at: http://www.bitcoin.org/bitcoin.pdfThe main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties. Participants can be anonymous. New coins are made from Hashcash style proof-of-work. The proof-of-work for new coin generation also powers the network to prevent double-spending. Bitcoin: A Peer-to-Peer Electronic Cash System Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as honest nodes control the most CPU power on the network, they can generate the longest chain and outpace any attackers. The network itself requires minimal structure. Messages are broadcasted on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. Full paper at: http://www.bitcoin.org/bitcoin.pdfSatoshi Nakamoto |
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Man these satoshi topics are really annoying.
What happened? No one fucking knows. STOP ASKING! YOU'RE NEVER GOING TO FIND OUT!!! He just vanished, disappeared without a trace.
If you want a thread about satoshi, just look around the forum and you found THOUSANDS of speculation threads about Satoshi. They are completely absolute spam for sig campaign posters.
So shut up about it!
Yes! I completely agree with you. I'm actually surprised that such a healthy stance is coming from a member rank. Usually people with a higher rank also waste time writing pointless replies in these threads. It's probably because you're not in a signature campaign. Satoshi threads are pointless and a waste of the data (yes, waste of kb in the database). Nobody is ever going to find out the truth. Satoshi might be dead, might have been a group, might have been a ET, etc. It does not matter anymore. Leave him it alone. Alright fine, jesus christ... I didn't really see any topics covering it when briefly looking through the first couple pages, maybe I missed a thread. If you want me to delete the thread, I can... but provide me a link to the most prominent thread, because I would like to read up on it. Don't have to get all butt hurt over a thread topic you've seen a couple times in the past few months... lol After a Google search you will be inundated with threads asking who is Satoshi and what happened to him. It's been discussed for years since he stopped posting here, and nobody has conclusively proved who he is, where he's from, or what happened to him. None of the example threads I posted have any answers, they only contain pages of speculation. Here's a ten page thread started in May asking who is Satoshi Nakamoto? https://bitcointalk.org/index.php?topic=1069340.0Here's an eight page thread started in 2013 asking is Satoshi Dead? https://bitcointalk.org/index.php?topic=153071.0Here's a twelve page thread started in May about the New York Times guessing Nick Szabo is Satoshi Nakamoto. https://bitcointalk.org/index.php?topic=1061926.200 |
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there has got to be a way we can take advantage of those bugs
I think it's the other way around. They've done rather nicely screwing the odd leveraged customer. There were complaints some low buy orders weren't filled during crashes. I never found out if all their affected customers were compensated for those problems. Some customers could have lost out on the chance of buying at the bottom, and Bitfinex could have brought those coins and dumped them at the top for a healthy profit. Those profits could help to pay for the coins they lost during the hack. |
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Hey guys, does anybody have any news from Montreal? Did anything interesting happen or been decided?
Please share this info here if you have any. I have been very busy this weekend so I couldn't watch the live broadcast or listen to it on the YouTube. I am very interested by this and can't find anything.
Thanks!
I've only managed to look at the livestream for a hour or so. I did not like the quality of it either, and occasionally there were some technical difficulties (no sound), which was not what I had expected. However, aside from that there were some great talks and some that we're not so great (with a controversial slide or two). The presentations were supposed to be not confrontational to the viewers, but okay. The point of this workshop is (was) not for a decision to be found. It was rather more about presenting and discussing. Also, there is no concurrent problem and thus there is no need for a 'decision'. People will try to implement what they want. However, we've yet to see what the Core team is planning to do. There was a guy called Mr Microphone who did a stand up comedy routine where he pretended his microphone was intermittently faulty. The intermittent lack of sound on the livestream made the conference technicians appear unprofessional at best, and Mr Microphone style comedic at worst. As most people choose to view the livestream rather than attend the conference the technical difficulties give the conference itself a bad appearance. |
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There is a thread discussing alternative Bitcoin clients, some of which can be used in areas with low bandwidth and on smart phones because they don't download very much data. https://bitcointalk.org/index.php?board=37.0There are child threads there discussing each of the MultiBit wallet, Electrum wallet, and Bitcoin Wallet for Android. All those wallets can be used in low bandwidth situations, and Bitcoin Wallet for Android is especially suitable for smart phones. |
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And this in a nutshell is what is wrong with humanity.  Individualistic, egocentric, lazy and irresponsible. I have nothing against you by the way, but in your sentence I recognize the attitude of many people. As long as they can live their own short life drinking beer, having sex and watching netflix it's all good. Who is left caring for the world we leave behind for our children? The baby boomers have left our generation with a huge burden of debt so their lives were good, now do we want to do the same to the generations to come after us? I'm truly hoping to see the current debt based economy collapse in this life. Not because I'm a pessimist and a doomer, but because the old has to die first before something new and better can be born. I also don't believe it will be the end of the world, just the end of a corrupt system that has engulfed the world and the beginning of something new. You can't have change without going through some pain first. Not at all, I actually don't have children but people with children tend to care about the future and the world left for future generations. I don't even think there's going to be a collapse, well, at least for the foreseeable future, like I said, eventually everything dies out, but change over time, little improvements that will add up to something new. What I'm saying is, I'm not the kind of Orwell guy, I'm the Ghost in the Shell guy when it comes to predicting the future. People make apocalyptic predictions for the future but in the stone age we only lived to about 40. Life spans are getting longer because things have improved. During the great depression people had a much worse time than under recent depressions. Changes were made to the system that made things better because enough people cared. If there is a big crash I think we will still be better off than people were after the Wall Street crash, and Bitcoin will still be here. |
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What is the problem? I cannot see the picture on the OP.
Picture showing up just fine for me. Also agree this is quite the moving banner. Image of a Greek citizen obviously of retirement age literally at wits end. How can one help but feel for the people of Greece with this kind of imagery. The Greek ppl are suffering this kind of problem. For us outside Greece, it is a hard lessson for us! It is time to switch a portion of money to crypto! There were rumors the Greek banks might start using customer's money to bail themselves in if they go bankrupt. After the last financial crisis plans were made across the world to put new regulations in place allowing bankrupt banks to spend customer's money bailing themselves in. When people hear what is happening in Greece they might start putting money into Bitcoin in case the banks ever go bankrupt in their countries. |
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After doing some research I found something that suggests the Greeks don't do exit polls so we will have to wait until tonight before we get an indication of who has won. Everything I read says the vote is too close to call. Has anyone found anything that gives us a hint of how the vote might go?
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