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441  Economy / Services / Re: BitDice.me - Signature Campaign! [STARTED][ESCROWED] on: February 05, 2015, 11:42:02 PM
I don't think I am going to continue this campaign.

I currently have 242 posts and am still wearing the signature. Can someone please vouch this for me?
442  Other / Meta / Re: SMF was unable to connect to the database? on: February 05, 2015, 06:04:31 AM
My understanding is that banks, and government agencies charged with securing top secret information use cloud computing.

Oh because those never have data breaches do they? Cheesy
LOL they do, but so has the forum.
A number of the biggest Bitcoin hacks that occurred were done by social engineering the hosting company into giving the hacker root access to the server. This is a very common technique and it is so effective it's not even funny anymore, it's beyond ridiculous. At least when you have a physical server you can secure it to prevent against this.
The alleged hacks. I would argue this is less effective then you think because some were probably the owner faking a hack to steal customer money, however you do have a good point here. I am fairly certain there is a way to protect yourself from this, however I am not sure what it is yet.
There are obviously some price points where it would make more sense to have cloud computing over owning physical servers otherwise services like AWS would go out of business.

Cloud computing is almost always more expensive, but if you need scalability or high uptime and redundancy it is obviously a better choice. This is why people use it. It's also much more convenient to manage to.
Well the forum does have a lot of business conducted on here. Large amounts of data loss would likely result in scams and financial loss to the people that conduct business on here (unless you saved a PGP signed message for a payment address, it would be difficult to prove you were told to send funds/goods to a certain address in the event data is lost).

It also may be more expensive, however if you were to ignore payments to slickage (which are temporary) then the forum is cash flow positive. 
443  Other / Meta / Re: SMF was unable to connect to the database? on: February 05, 2015, 05:33:01 AM
however I think the amount of hardware/hosting related problems we have had in recent past would make the few hours it would take to do this be time well spent.

There was only one hardware failure recently, a complete RAID failure, where two drives failed simultaneously (it can also happen with cheap RAID controllers), which is a highly unlikely thing to happen (although I personally have seen it happen a few times, maybe I'm bad luck!).

A single server setup is better than a cloud setup from a security/control/privacy/cost side but not from an uptime/performance side. I think theymos wants the security, control, privacy and cost-saving that a single server setup gives.
My understanding is that banks, and government agencies charged with securing top secret information use cloud computing.

You are probably right about control.

I would say privacy may be improved at the margins as theymos have more power to fight search warrants and subpoenas, however at the end of the day a valid court request is just that (I don't think the ability to fight search warrants/subpoenas is trivial in any respect).

There are obviously some price points where it would make more sense to have cloud computing over owning physical servers otherwise services like AWS would go out of business.
444  Other / Meta / Re: SMF was unable to connect to the database? on: February 04, 2015, 08:07:20 AM
AWS would likely protect us from DDOS attacks in the future. 

If by "protect" you mean "allow attackers to use a limitless amount of money"... AWS doesn't have much built-in DDoS protection AFAIK.
I would say that AWS would be one step away from cloudflare (which has it's own security concerns along with other draw backs). The infrastructure that amazon has in place would at least make it more difficult/expensive for attackers to successfully DDoS the forum.
While you can definitely use AWS as part of a very scalable and stable architecture, it's easy for costs to go out of control. For example, a site I used called inkblazers.com is apparently going to shut down very soon because they're spending over $60,000 per month on their AWS hosting. The forum's hosting costs a few thousand dollars per month. Their Alexa rank is 118,092, whereas bitcointalk.org's Alexa rank is 4,568. (They probably have to deliver a lot more data, but that cost is still absolutely ridiculous.)
I am not familiar with inkblazers so I really cannot comment on why they were spending so much money on their hosting. I do know that there have been several reports of people having ridiculous bills because their accounts were "hacked" and were used to mine either bitcoin or altcoins.

I would imagine that the forum would be able to negotiate some terms with Amazon to either keep costs in line or to get some kind of volume discount.

I would not be surprised if sites like instagram (which I believe to at least previously was hosted on AWS) spend more then $60k on hosting every month.

It should be noted that the forum gives away one free advertising spot worth ~4 BTC per week to PIA which would add ~$4,000 to current hosting costs. I am not sure if we get more out of this then the 4 grand per month we give away in free advertising or not, however I imagine that we do.
And AWS doesn't guarantee uptime. Reddit, for example, is apparently based on AWS, and temporary overload errors are very common there. On an average day, bitcointalk.org is usually more stable than Reddit, I think.
There is way too much junk on reddit for me to be a regular user of it, but I will take your word for it.
It's far easier to do things mostly-right if you just use a traditional single server. This also allows more control and better security. (Amazon doesn't have the best reputation for protecting customers.)
I believe that google offers somewhat of a similar service that amazon offers and they seem to score pretty well on your chart.
Responding to things that other people keep saying elsewhere: Yes, the forum has a lot of money. But this is mostly due to BTC value increases, and it would quickly be depleted if costs increased much higher. Spending at the level of most VC-backed startups would be absolutely reckless. I don't think that the forum can afford more than maybe one additional full-time employee, for example. (Currently the only full-time employees are Slickage. I and the moderators are paid so little that we're basically volunteers. There are also a few part-time contractors.)
Agreed. However there are ways to potentially change this, for example by lowering requirements to become a donator and/or creating a lower donation rank and/or offering an option to pay to remove the 360 second jail/limit (among other ways to increase revenue).

(slightly off topic) - There is no real reason to treat yourself and the other mods like volunteers (granted some are very early adopters of Bitcoin and can afford to volunteer and would benefit financially if their efforts were to positively impact bitcoin) as the forum is kept generally clean with few, if any major issues. Adding revenue would allow the mods to receive a more "fair" income (especially considering the intelligence/qualifications of the majority of the moderators on here).
Believe me, no one finds it more annoying than I do when the forum is down -- I'm usually the one who has to fix it and try to prevent it from happening again... In this case, things are breaking without any obvious cause, so it might take some time to figure this out and get things rock-solid again.
I think the a cost benefit analysis of using AWS (and google's equivalent) should at least be done. Granted it may not be a better solution then what we have now, however I think the amount of hardware/hosting related problems we have had in recent past would make the few hours it would take to do this be time well spent. The worse case scenario is that you have one additional argument against people who claim bitcointalk is run in a less then professional manner, and the best case scenario is that we have a cost effective way to host the forum that results in an overall better experience for users.
445  Economy / Currency exchange / Re: $500 PayPal MyCash for your $450 (Bitfinex) Bitcoin on: February 03, 2015, 11:54:06 PM
Well, I've been trading reload codes to Bitcoin and vice versa for a very long time. 10% isn't an insane unbelievable mark up, believe or not. It's actually quite reasonable and not "too good to be true" or "too high to be good".
Considering the fact that you can buy via coinbase with a 0.5% markup, or buy on LBC (as a liquidity provider) at a discount, this does sound somewhat fishy to me. I would not want to accuse you of anything without proof but this does sound too good to be true to me.
I'm more than comfortable with using escrow and/or waiting for your funds to clear your bank before you release.
If the cards happen to get reversed/chargedback months later then your bank account would also be negatively affected (it would have funds withdrawn as well). I don't think escrow would help you in this case.
As to all the other non-sense with carding and what not, I'm not too familiar when it comes to shady practices such as that. As far as I understand all of these cards either need to be bought with a PIN Enabled Debit Card (why buy reload codes with stolen CC's if you have a pin? They would just use the ATM and get cash) or cash.
First of all, TC posted a receipt of a MyCash card that was purchased with an amex card, and amex is not in the debit card business (AFAIK) so I don't think this is a true statement.

However even if this was true there would be plenty of reasons to cash out via these cards verses cashing out via an ATM. First of all when you cash out via an ATM with a stolen card, the ATM operator is going to have losses; this means they are going to have an incentive to actively go after you both criminally and civilly. However when you if you were to buy a MyCash card via a debit card then CVS would first incur losses, however they would cover the losses by withholding payment from paypal, now paypal would have a loss, however they could cover their loss by canceling the MyCash card which means they would have no loss. Since no company would have a loss, there would be less reasons to attempt to prosecute you (in other words you have less risk).
Buying a PayPal MyCash card from a local gas station or grocery store is much quicker than waiting in line for a Western Union or MoneyGram, not to mention the fees are nearly the same in the end anyways.
Assuming you pay in cash.
Bottom line is that I'm looking for users to trade or exchange with. You either want to trade or you don't guys, please don't pollute the thread with non sense and associate me with some bad guys. I understand some of the concerns raised but just because a few bad actors are doing sketchy things doesn't necessarily make all bitcoin trading sketchy.
This very much sounds like words of a scammer (no offense)
446  Economy / Invites & Accounts / Re: [Selling] This Account for 0.04 BTC on: February 03, 2015, 01:48:54 AM
Without the trust it's easily worth 0.15+. You can try negotiating with BadBear after the sale
I am not really sure why you are trying to sell so many of your accounts. Especially considering that it would not be difficult to fake a sale, so any buyer would probably not be able to get the negative trust removed from the account Sad
447  Bitcoin / Bitcoin Discussion / Re: Government confiscation on: February 03, 2015, 01:47:25 AM
I don't see how tamper evident seals/bags are going to help anything. All that an attacker would need to do is break the seal, get the key, repeat until they have enough to sign a transaction and spend the unspent inputs to an address they 100% control.

It may take the attacker time to find , hack into , or acquire the other keys for a multisig. Knowing someone has some of the keys may allow to to prevent them mid heist. Additionally, knowing how the theft occurred is crucial for forensics after the fact.
Well someone could just take the tamper resistant/evident bag with them and destroy it. The only thing that tamper evident bags are really good for is when someone transports something specific to another place and there and the person transporting the valuable items do not want to be blamed for any discrepancies.
448  Bitcoin / Bitcoin Discussion / Re: Tracking bitcoins to Ulbricht, how? on: February 03, 2015, 01:18:09 AM
To the best of my knowledge, the blockchain.info IP address list and transactions lists based on IP addresses are not related to the original transmitter or the addr command at all.  The IP address recorded by blockchain.info is simply the first IP address to relay the transaction to one of blockchain.info's nodes.  Assuming the original transmitting node is connected directly to a blockchain.info node, it could be the original transmitter's IP, but it is more likely to be another node relaying transactions after receiving it (also not necessarily from the original transmitter).
This still will potentially lead anyone back to the original person who transmitted the transaction. The government could go to the owner of such IP address to get their logs and find out where they got the transaction from, and repeat the process until they find the person who actually transmitted the transaction.

This however is not how they made the link. They made such link by looking at the addresses that the SR servers control and looking at the addresses that Ross's laptop controlled and linking transactions together via the blockchain
449  Economy / Service Discussion / Re: 796 lost 1,000 bitcoin on: February 03, 2015, 12:13:45 AM
I am currently unable to withdraw from 796

1000 coins are not too big deal for 796.
They've profited enough to cover this lost, even if the incident was true as announced.
Do you have anything to back this up? My understanding is that 796 is not that large of an exchange which would imply that a 1,000 BTC loss would result in a large (probably >100%) percentage of their equity.

796 covered the lost itself and the problem seems to be dealt.

Yes, 1000 is a big amount but not really big for an exchange. 796 is the largest futures exchange in China with a lot of income from trading fee, they're rich enough to cover the lost.
Most Chinese exchanges do not have any trading fees. AFAIK it is not known how they actually make their money, although some speculate they make it via interest on margin trades, however I don't think this would be sufficient to cover all their expenses (plus the 1k loss)

Futures trading in Chinese exchanges is not without fee. In fact it is where the core profit comes from.
As BTCChina recently announced they'll provide futures trading, now almost all exchanges in China (try to survive and) make profit from that.
What fees do they charge for futures trading? Is it a similar to how exchanges charge a trading fee when BTC is traded? or is it some other fee structure?

It is news to me that Chinese exchanges are charging a fee
450  Economy / Economics / Re: why do people agree to pay taxes? on: February 02, 2015, 05:47:08 PM
The problem is that most people are not willing to voluntarily pay for things that is necessary to protect them. They however tend to expect for such services to be provided

Is this really a problem?
  • Is it a problem if a person expects to get food from a shop but is not willing to pay for it?
  • Is it a problem if a person expects me to be friendly to him but is not willing to be friendly in return?

I'd say not only is this not a problem, but that even considering this a problem is itself a problem.  As an evil capitalist I believe that:
  • the shopkeeper should not feel pressure to give their food away for free because the food is expected.
  • I should not feel pressure to continue a friendship with someone that treats me like dirt just because this person expects friendship.
And further, a person should not feel the need to pay taxes just because the net beneficiaries of taxation expect it.
My point is that people do not want to pay for things like national security, food safety, roads, and consumer protection services, ect. voluntarily. Collecting taxes is the only way to pay for these things.

In your example, the shopkeeper should give a portion of his earnings to the government in return for protection from robberies (via the police force and the threat of jail via the legal system), and for the roads that his customers use in order to travel to his shop.
451  Economy / Auctions / Re: Pools in Dogie's Comprehensive Guides [Feb'15] on: February 02, 2015, 06:14:14 AM
Why has the bidding started at 1btc suddenly? last time was .2?
This is the auction for the pools to be listed in Dogie's guides. The other auctions are for advertisements in his guides.

Since people will often setup their miners based on his guides there is real value in bidding on a particular pool having them being listed as a lot of hashpower (and pool fees) are likely going to be sent to such pools as a result
452  Economy / Lending / Re: Need Loan 0.06 BTC HAVE COLLATERAL on: February 02, 2015, 06:10:25 AM
Smells like same person talk to each other.
glad to see he repaid the loan, I'm worry he will request a bigger loan some day.

Do you think the lender and the OP are the same person? That would explain why he repaid despite the worthless collateral, as well as the fact that the lender accepted collateral that was very likely going to be worthless in the long run. 
453  Economy / Lending / Re: Need Loan 0.06 BTC HAVE COLLATERAL on: February 02, 2015, 06:03:00 AM
Confirming receipt of payment.
https://blockchain.info/tx/970bd9ceaf3c0a8596716363fb6726d5d90ef56a639758ae94e7eea6d0c5f145

ty Smiley

Why didn't you post it here, instead?
You got repayment? I was reading this thread and I was like "sigh, yet another failed loan" Tongue

lol, I received the repayment all right. Had actually forgot about this loan, then I suddenly needed some money, so I remembered.

I have another loan of 0.5BTC to someone else. Trying to find the thread. Why did they disable the search?
I would say that you forgot about it because it was over 3 weeks overdue. IMO this late of a repayment (without some kind of a late charge) really deserves a negative trust as they did not follow through with their promise.

The search has been re-enabled and apparently is working better then it was before

lol, come on, I got the money when I needed it. Why should I give him negative trust? He kept his promise of paying back the loan even after the collateral has become useless.

He had asked me an extension and I gladly gave him that.
He also paid me 0.005BTC more.

I am okay with this and OP may lock this thread.

ty Smiley
I guess it is between you and the OP to decide if the extra .005 BTC is enough to compensate for the extra time it took him to repay. However it should be noted that it did take him ~3.5 weeks to repay a 1 week loan when a 1 week extension was granted, therefore he was still ~10 days late even after the 1 week extension was granted.

Maybe a negative would not be appropriate (in order to give him an incentive to repay) however at the very least a neutral rating would be appropriate as he was very late on repaying
454  Other / Meta / Re: REMOVE NUBBINS FROM THE DEFAULT TRUST LIST FOR REPEATED TRUST ABUSE on: February 02, 2015, 05:59:54 AM
Everyone is always talking about how free speech is supposedly so carefully protected here, but when it is an unpopular opinion everyone has no problem joining a mob to try to destroy peoples reputations in order to stop them from speaking.

Free speech unless I disagree with it, then it's a "mob" trying to destroy reputations.

exactly ^  Roll Eyes

I like Tecshare and all, but gotta agree with this. Tecshare has a serious problem with people stating their opinions. Armis, he gave negative feedback to for posting his opinion, got removed from trusts lists for it. Calls staff posting their opinions coercion. Calls people calling out WC a mob and tries to belittle them in any way possible.  

Your right, I am such a bully being one man being attacked by dozens of people at once. BTW in case you haven't noticed I haven't used the trust system to fight any battles related to this, but don't let that mess up your attempt at discrediting me. BTW how does me pointing out the mob harassment activity count as me stopping free speech. I am interested to hear how me having an opinion some how stops other people from having opinions.


P.S. funny how all these new accounts have opinions about me all of a sudden.
I agree, there are an unusually large number of newer accounts participating in both this thread, as well as the many WoodCollector threads. This fact tends to discredit all sides.

I would also say that it is very concerning that Nubbins is giving negative trust to people who are supporting WoodCollector in any way. I do think WoodCollector is a scammer, however that should not prevent people from speaking their opinion that they think he is honorable or otherwise not a scammer. This is essentially what Nubbins is doing, he is giving negative trust to almost anyone who supports WoodCollector, which puts fear into anyone who is considering to support him.

I do believe that Nubbins did not previously know how to properly use the trust system, I would still say that he is abusing it by installing fear into anyone who has an opposing opinion then him. I do think he should be given the opportunity to learn how the trust system works, however I do think he has received that opportunity and has still not changed his ways.

There is no reason why people should not be able to freely speak their minds without fear of having their account ruined with a "Warning: trade with extreme caution" tag attached to their account just because they have opposing view of someone who happens to be in the default trust network.  

+1 - He left me trust saying i was either a sock or a moron.... If that is not abusing the trust system what is?
Well I personally think you are likely a sockpuppet of WoodCollector however there is honestly not evidence to support as much, there fore negative trust is not appropaite

Yep - i am woodcollector, who lives in USA yet manages to make videos of himself working on wood whilst travelling around SE Asia. You sound just like EyesGluedWideShut.

http://youtu.be/1EdmNAoF1Is

https://www.youtube.com/watch?v=b_Ww3Ajhr74

PS - Yes I know i said woodcutter, I get hungover sometimes and forget my own name.


This is not the place to be discussing the possibility of you actually be an alt of Woodcollector. Bringing this possibility up is only going to distract from the conversation, so please stop. There is evidence both ways (the youtube video(s) is evidence that you are not an alt of Woodcollector, but there is also evidence otherwise).
455  Economy / Lending / Re: 0.5 BTC Loan Request... More Details Inside... on: February 02, 2015, 05:57:59 AM
I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you

I know it is risky, but he looked like he needed it.

Dear Watoshi,
Thanks a lot, man... I am seriously glad and speechless... I will be highly obliged, grateful and indebted to you till the last breath of my life man... I am gonna clear all my bills today and will repay you as soon as I get my payment... Smiley Also, just for you, I will again ask my sig camp's manager to pay me some in advance for me to have them secured and included on the other hand for you, with the fiat which will be used by me through my earnings to buy the remaining BTC... Smiley  Cheesy I am speechless, really... Thanks a lot again... Smiley

 Cry I can't say it in words, but feeling great and crying with tears of joy... Thanks a lot dear...  Cheesy


At least, I helped someone? Cheesy
that is why I charge 0% interest to certain loans.

Yea you thought that you helped someone, however the risk is still there on your end. It is a tremendous risk for you. Not only that but the sticky in this section says that any sob story is likely going to be a way for a scammer to get you to send him funds. The 0% interest rate certainly does not help you manage that risk, however the fact that it was a USD pegged loan means that you will end up with more bitcoin assuming he does decide to repay you
456  Economy / Lending / Re: 0.5 BTC Loan Request... More Details Inside... on: February 02, 2015, 05:33:40 AM
Hi, repayment is almost due.

SInce price went down, you only have to pay 0.5BTC. Smiley
I am not sure why you thought that he is going to repay this. Not only is it a bad idea to transfer debt from one entity to another (as Vod mentioned above), but his reputation is not worth the amount of the loan, and you allowed him to receive payment from his signature campaign prior to the loan becoming due causing him to have the ability to extract money from his signature campaign prior to the likely negative trust he will receive when he does not repay you
457  Other / Meta / Re: SMF was unable to connect to the database? on: February 02, 2015, 05:30:12 AM
Recent downtime is actually unrelated to the HDDs failing recently (although both downtimes do make the forum look very bad IMO).

IIRC the recent downtime is due to some obscure DB failing when most people (who have admin access to the forum) were asleep/away.

I am really not 100% sure why theymos has not migrated to amazon cloud computing as the forum has likely grown to be large enough for this to make sense, plus the fact that AWS would likely protect us from DDOS attacks in the future. 
458  Economy / Lending / Re: Need Loan 0.06 BTC HAVE COLLATERAL on: February 02, 2015, 05:27:06 AM
Confirming receipt of payment.
https://blockchain.info/tx/970bd9ceaf3c0a8596716363fb6726d5d90ef56a639758ae94e7eea6d0c5f145

ty Smiley

Why didn't you post it here, instead?
You got repayment? I was reading this thread and I was like "sigh, yet another failed loan" Tongue

lol, I received the repayment all right. Had actually forgot about this loan, then I suddenly needed some money, so I remembered.

I have another loan of 0.5BTC to someone else. Trying to find the thread. Why did they disable the search?
I would say that you forgot about it because it was over 3 weeks overdue. IMO this late of a repayment (without some kind of a late charge) really deserves a negative trust as they did not follow through with their promise.

The search has been re-enabled and apparently is working better then it was before
459  Economy / Economics / Re: why do people agree to pay taxes? on: February 02, 2015, 05:24:29 AM
whats so wrong with taxes? i assume most of you have a computer in front of you, the people who build and designed the computers had educations paid for by government taxes, the government pays for the internet backbones in there country. if you dont want to be apart of civilization then go get a block of wood and go waterworld it, but no mater what ends up happening you will end up paying someone a tax of some sort(protection money, the fees for exchanging gold into oranges ) your just someone who is only reading half a book

All of that can be done voluntarily - except the protection money part: That is taxation.


The problem is that most people are not willing to voluntarily pay for things that is necessary to protect them. They however tend to expect for such services to be provided
460  Economy / Service Discussion / Re: 796 lost 1,000 bitcoin on: February 02, 2015, 05:22:47 AM
I am currently unable to withdraw from 796

1000 coins are not too big deal for 796.
They've profited enough to cover this lost, even if the incident was true as announced.
Do you have anything to back this up? My understanding is that 796 is not that large of an exchange which would imply that a 1,000 BTC loss would result in a large (probably >100%) percentage of their equity.

796 covered the lost itself and the problem seems to be dealt.

Yes, 1000 is a big amount but not really big for an exchange. 796 is the largest futures exchange in China with a lot of income from trading fee, they're rich enough to cover the lost.
Most Chinese exchanges do not have any trading fees. AFAIK it is not known how they actually make their money, although some speculate they make it via interest on margin trades, however I don't think this would be sufficient to cover all their expenses (plus the 1k loss)
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