Hello BTC forums, So the biggest quality bitcoin has which serves as an advantage to all the other currencies, is the ability to stay anonymous. Now after reading an article about anonymity (Link here: https://bitcoin.org/en/protect-your-privacy) I came to realize that I exposed my identity, by using circle to deposit directly from my bank account to bitcoin...I wasn't thinking. This was my first bitcoin transaction EVER, I am new to bitcoin but have done plenty of research. So my question is, did I just kill my anonymity for good by making that small mistake? Or will my anonymity rejuvenate once I spend all the BTC from that transaction? (since my compromised address is attached to it) In the future, if I make transaction from the same bitcoin wallet not associated to the same BTC that I received from my bank, will those transactions be anonymous? Or will it be possibly linked back to me somehow... Thanks guys! #FirstPostBtw As long as Circle isn't hacked, no-one receiving your coins will be able to match your bank account to your bitcoin addresses. Unfortunately hacking is quite common. A while back Mt Gox was hacked and all the data dumped on the net, and there were people on this forum busily mining it to see what big "names" had been doing with their coins. There was even a thread on here about Craig Wright's purchases in 2013, even though it was a complete invasion of his privacy and people were examining his purchases and expenditures without his consent (while claiming to be libertarians who would be horrified if the NSA did that!) Unfortunately the exchanges are a weak point in the system. |
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I remember the same concerns when Obama became the president of US. Lots of guys are saying that Obama will start WW3 but it didn't happen. Same thing on this one, him being a Muslim doesn't mean chaos. It will be an insult to the voters thinking of such.
I don't think you can compare with Obama. He's black but he thinks like a white Christian guy, muslims don't. Each time I've traveled to a muslim country, I've seen differences with what I'm used to see, and it's much more than women's clothing. I imagine the new mayor could request all hotel rooms to have an arrow. Few people would criticize, and yet it would be a sign London's becoming muslim, but I'm repeating myself, I would not see anything wrong with that. The British have been invaders for so long, in so many countries, it's about time, they get invaded. And dominated. You are doing a lot of "imagining". Which says more about you than it does about the new London mayor. It was actually a simple election - London is a liberal city. They were given a choice of a moderate muslim who voted in Parliament to make gay marriage legal, and a rich man married to a Rothschild who voted in Parliament against gay marriage. They chose the more liberal guy. They defeated man also looked like a dainty idiot holding a pint, it was clear that he'd never visited a pub before. The muslim guy had been in pubs and knew how to hold his glass even though it was a pint of Coke! |
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I tend to use the Bitcoinmarkets subreddit: https://www.reddit.com/r/BitcoinMarkets/It has a live ticker at the top for prices from Bitstamp, Kraken and OK coin that update in real time. If you hover your cursor over the logos, it should show you the live prices of all their markets (eg btc/yen, btc/euro etc) |
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If you have an issue, the best place to contact them is on their subreddit: https://www.reddit.com/r/CoinBase/I don't think they bother looking in this forum much and tweets will just get lost. |
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Guys! This article and that list of countries is more than 2 years old. Everything has changed since then. The same team ought to make a new list.
The article is dated 12 May 2016 - the date is even in the URL!! As for people being astonished at the list - they are looking at RISK FACTORS. Countries which are stable have no incentive to switch to exotic currencies. The vast majority of people in the USA continue to use dollars, bitcoin users are less than 1%. It is much more widespread in Argentina because there is runaway inflation in Argentina. Why on earth would someone in Switzerland switch to bitcoin when the Swiss Franc is solid as a rock and Swiss democracy is equally solid, being 500 years old? You would only switch if a) you have an unstable govt/dictatorship b) there is inflation in your economy and bitcoin is the only way to prevent your money becoming worthless or c) you have a large black market in your country and you want to use a currency that can't be traced to you easily. |
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This is an FBI honeypot for sure. I wouldnt touch it.
Yes, thats what I thought. But the author of the article was under the impression it was being run by the same Silk Road people as the old website. Curiouser and curiouser. |
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i think there's simply no way any significant hashing power would back this most ridiculous fork proposal, the idea is just a crazy though. when / where is this quote from anyway?
The story must be true because it's been Roger VERified.  https://news.bitcoin.com/theymos-bitcoins-satoshi-destroyedIt was originally a thread on the bitcoin subreddit that theymos wrote himself. Nobody forced him to write it either, he was just saying what he really thought and genuinely didn't see a problem with what he was saying: Here is the original comment: https://www.reddit.com/r/Bitcoin/comments/4isxjr/petition_to_protect_satoshis_coins/d30we6fThis issue has been discussed for several years. I think that the very-rough consensus is that old coins should be destroyed before they are stolen to prevent disastrous monetary inflation. People joined Bitcoin with the understanding that coins would be permanently lost at some low rate, leading to long-term monetary deflation. Allowing lost coins to be recovered violates this assumption, and is a systemic security issue.
So if we somehow learn that people will be able to start breaking ECDSA-protected addresses in 5 years (for example), two softforks should be rolled out now:
One softfork, which would activate ASAP, would assign an OP_NOP to OP_LAMPORT (or whatever QC-resistant crypto will be used). Everyone would be urged to send all of their bitcoins to new OP_LAMPORT-protected addresses.
One softfork set to trigger in 5 years would convert OP_CHECKSIG to OP_RETURN, destroying all coins protected by OP_CHECKSIG. People would have until then to move their BTC to secure addresses. Anyone who fails to do so would almost certainly have lost their money due to the ECDSA failure anyway -- the number of people who lose additional BTC would be very low. (There might be a whitelist of UTXOs protected by one-time-use addresses, which would remain secure for a long time.) It is wrong on so many levels it is unbelievable. People joined bitcoin knowing there would be a maximum number of coins - not that Satoshi's coins would be permanently lost and that "allowing them to be recovered" would "violate" the principle of the maximum number of coins. |
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http://bitcoinist.net/bitcoin-deep-web-marketplace-silk-road-3-0-is-back/In a very surprising turn of events, it turns out Silk Road 3.0 is back online after a lengthy absence. Several new security upgrades have been implemented, and the overall design has been changed as well. However, the people running the platform are still the same, by the look of things.
...As the name suggests, Silk Road 3.0 is the third iteration of this marketplace concept, albeit every new platform has been run by a different team. In January of 2016, Silk Road 3.0 went dark after security upgrades were announced, and things have been quiet ever since. However, as of last weekend, the platform resurfaced with a new design and the promised security changes.
It is also worth noting the owner of Silk Road 3.0 is – allegedly – the same person running Crypto Market, another deep web platform which went through a similar transition period earlier this year. Crypto market was shut down for several months as well and came back a few months ago with an updated security and login system.
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Sounds about right. According to you, where are we today in regards to Bitcoin? I'd say step number 6 I think it is still at number 5: I use it but it is still a toy. It is only when people start buying their groceries with it that it will move to number 6. |
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http://coinjournal.net/bittrex-froze-cryptsy-funds/Bittrex has frozen over $100,000 worth of cryptocurrencies suspected to be linked to Cryptsy, according to documents filed by the court-appointed Receiver of Cryptsy’s assets, James D. Sallah Esq.
According to the documents, Sallah was contacted by “[k]nowledgeable experts in the industry” who warned him that the exchange’s funds were being moved to Bittrex, presumably with the intention to liquidate them.
At that time, Sallah served Bittrex with a subpoena and demand letter, ordering Bittrex to freeze all “accounts and wallets in Cryptsy’s name.” Two days later, Bittrex confirmed that it had frozen at least $100,000 worth of cryptocurrencies associated with Cryptsy.
Bittrex has promised to provide Sallah with the documentation about what exactly has been frozen, but had not done so at the time of the filing. Likewise, Sallah has indicated that he will be providing Bittrex with blockchain analysis to prove Cryptsy’s connection to the funds.
On April 10th, Bitcointalk forum members noticed that coins linked to Cryptsy were moving to coin mixers and exchanges. Those coins had not moved since owner Paul Vernon claimed the site was hacked. Those same forum users indicated that they would be contacting the Silver Law group, whom Sallah practices for.
Sallah took quick action, and the funds were locked by April 13th.
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People are excited about it because the price is rising. Back in the day when dash (or darkcoin as it was known) was the alt-du-jour, all the threads were about that. Before that it was wall-to-wall doge. It is normal.
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Would it really be name based? I'd assume it was all IP. I think they're only going to get more anal as they get bigger. Some serious turnover is churning around on there now.
I expect they have risk management algorithms operating. Same name, email and IP = ban. large amounts of coins being deposited on similarish accounts = ban. etc I'm always surprised that people feel the need to have more than one account on an exchange when they could spread their money on different exchanges - there are so many. You can trade ether on poloniex, bittrex, kraken, btc-e, gemini. From your own personal risk management point of view you are better spreading money across the exchanges instead of concentrating on just one and experiencing a Cryptsy like meltdown. |
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I am only using one account on Poloniex, there might be a person with the same surname in my town who uses another account but this is not me.
The problem is they actually can accuse anyone of using multiple accounts and just freeze them.
Then you need to contact them and prove that you only have one account. They ask for name and surname - so unlikely someone in your area has both in your town. |
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If I had invested my savings in Bitcoin would it be more likely to be broke? If you bought a mere six months ago (when the price was between $200-$250) you would have nearly doubled your money by now... |
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“This issue has been discussed for several years,” he said. “I think that the very-rough consensus is that old coins should be destroyed before they are stolen to prevent disastrous monetary inflation. People joined Bitcoin with the understanding that coins would be permanently lost at some low rate, leading to long-term monetary deflation. Allowing lost coins to be recovered violates this assumption, and is a systemic security issue.” https://news.bitcoin.com/theymos-bitcoins-satoshi-destroyed/In my view, the moment Bitcoin devs or anyone start dictating what to do with bitcoin of others, censorship resistance of bitcoin will be lost. Satoshi would be proud for sure. So you agree with thymos or not? Should the coins be destroyed or not? There were a lot of "good reasons" publicized behind stealing the property of the other during history. Whatever good were or not those reasons, I still call it stealing. I'm sure that plenty of people has various "alarms" that'll "ring" if any coin is moved away from Satoshi's wallets. The ones fearing a dump, will dump. The rest will continue buying, holding or spending their BTC as usual. The price will be affected only for short term. So the price is not a good reason. It's a greedy reason. Others fear those wallets will be hacked. Hmm.. the consensus was that Bitcoin is safe from hacking. So, back to the subject. There are no valid reasons to steal (and dispose) somebody else's property. None at all. It is actually sad that this needs saying - and in the bitcoin community of all places. |
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I'm not sure that Russia should be on this lost.
Recently, there was some news that Russia will ban Bitcoin.
I also heard somewhere similar news about Venezuela.
Zimbabwe is not democracy but dictatorship.
I don't understand on the basis of which criteria is made this list?
I'm sure that a few countries shouldn't be there.
Read the article! It is too long to quote. But basically they look at risk factors - the size of a country's black market, inflation (the more inflation, the more likely people buy bitcoins to prevent their money becoming worthless), plus things like trust in govt and so on. The approach was quite rigorous. |
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http://blogs.lse.ac.uk/businessreview/2016/05/12/most-countries-in-the-10-most-likely-to-adopt-bitcoin-are-in-the-developing-world/Which markets have the greatest potential for bitcoin adoption?
With over $250m of venture capital invested in bitcoin startups to date, much is at stake in understanding which markets will prove most fertile for bitcoin. In addition, many governments and regulatory agencies are seeking to better understand the economic opportunities presented by bitcoin along with the perceived risks.
The new Bitcoin Market Potential Index (BMPI) is the first attempt at providing a rigorous answer to the above question, assembling a new data set to rank the potential utility of bitcoin across 177 countries.
.....
Table 5: BMPI Top 10 Countries
Ranking Country Name
1 Argentina
2 Venezuela
3 Zimbabwe
4 India
5 Nigeria
6 Brazil
7 United States
8 Nicaragua
9 Russian Federation
10 Iceland
...A country which often features in discussion of bitcoin adoption but which is just outside of the top-10 is China, which is ranked number 13. China’s ranking is brought down by its relatively small black market; according to Elgin and Oztunali (2012) and other shadow economy researchers – ie Buehn and Schenider (2012), Schneider, Buehn and Montenegro (2010) – it is estimated that roughly 10 per cent of the economic activity is conducted informally in China.
In contrast, near the bottom of the overall BMPI rankings at number 167 is Ireland, which recently hosted a high-profile bitcoin conference. While Ireland scores well in some categories, such as technology and bitcoin penetration, the country has wrestled with deflationary pressures in recent years and also has a relatively limited set of restrictions on the flow of capital. Dublin is a global tech hub, however, and the fact that the BMPI does not include a separate tech hub variable brings down Ireland’s ranking. The LSE in the url stands for London School of Economics. I recommend reading the article in full because they go into detail about how the index was compiled. To see the full index, click the following link: http://www.garrickhileman.com/p/research.html
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With all the drama raging, everyone already at each other's throats, why would someone bring up quantum computers breaking Bitcoin and start talking about destroying Satoshi's coins? Help me out with this  For some reason there is hostility developing towards Satoshi. Which is incredible because without him, there would be no cryptocurrency. Makes you wonder what would happen if Christ returned - I expect he'd be lynched and crucified in a jiffy by all his loyal supporters. |
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It's a very nice idear, but at this moment, it seems the site is filled with videos i can find for free in a legal way... I guess it would be more interesting if you started featuring unique, high quality or copyrighted videos (offcourse, licenced to you). I do love the layout and the simplicity of this site, and i encourage any new bitcoin startup, so i wish you good luck in your project! They should think about partnering with some independent producers to produce exclusive content - of course it's tough to get a producer to take the risk - but they could offer a decent cut of the revenues to tempt them. |
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