Why yet another thread with accusations based on assumptions. Don't we have enough already. Can't you just wait a week, or do you have nothing better to do?
Why are you crying still?  Stop reading the forum for a week then. Don't like what truth's I have to say? Yes my thoughts on him not having all the bitcoins is still speculation, but all of the FACTS (interest paid, referral req. lifted, etc.) point to the conclusion that people will not get their money back in the short period pirate has claimed. I might have to leave for a while... pirate's already the topic of every fucking thread, yet you insist on making more. |
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Every time, when I say something on this forum and it is immediately followed up by a personal attack, I know that I said something wise.
Way to avoid the subject. Where's my magazine? , one quick email and your query will be taken care of. I already tried that, they just quoted me the date of my order and 3-4 weeks, which have passed. Maybe you need to replace your customer support representative with someone who will do a better job. Request refund then if you cannot wait. Sorry again for offtopic. I might if I can get my bitcoin back. Will I, or will I get the fiat value back, which is much fewer bitcoin? |
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Why yet another thread with accusations based on assumptions. Don't we have enough already. Can't you just wait a week, or do you have nothing better to do?
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Every time, when I say something on this forum and it is immediately followed up by a personal attack, I know that I said something wise.
Way to avoid the subject. Where's my magazine? , one quick email and your query will be taken care of. I already tried that, they just quoted me the date of my order and 3-4 weeks, which have passed. Maybe you need to replace your customer support representative with someone who will do a better job. |
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Every time, when I say something on this forum and it is immediately followed up by a personal attack, I know that I said something wise.
Way to avoid the subject. Where's my magazine? |
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I can only hope the shame of being a proven twat is enough to shut you all up once pirate pays back.
miracles do happen from time to time.. keep your spirits up. Sorry, you talking to your customers? Must be... On Monday it will be a month since I ordered a 12 issue subscription to his magazine and I'm still waiting on the first issue. He's an expert at taking people's money and making them wait. Delivery in 3-4 weeks my ass. When I asked about my status, all I got was the 3-4 weeks quote. Worthless. |
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On Monday start grad school. I have three classes and I need to prepare for my first lecture as a graduate teaching assistant that will be on Tuesday.... Oh, did you mean with bitcoin?
Whats on the time table? 1. Lesson: Spelling BTCitcoin 2. Lesson: Calculating with bitcoin 3. Lesson: Counting Losses 4. Lesson: Learning how to deal with yourself after you lost your house and your wife left with the kids* I may actually know a good assistant teacher on this subject for you ;=) Nah, it's much more boring. |
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Hmm, my gut reaction is cautious to having scripting within the core bitcoin exchange network especially as the default behavior. Just a bit uneasy at adding such an attack vector.
Um.... it has always had scripting. The changes for multisig actually reduced what was valid. |
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I would have preferred a low level interface with an optional high level interface. As it stands the full low level interface isn't exposed, and the high level interface isn't suitable for all applications.
I strongly agree. I want something where I can specify addresses as inputs. Bitcoind is ment for coders and admins, and so should expose the most base level interfaces. When I first started with bitcoin development the lack of these features was annoying. When 0.7 comes out we'll have https://en.bitcoin.it/wiki/Raw_Transactions |
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LOL, I posted this to facebook and soon my Indian friend told me that the guy was recently arrested for rape, money laundering and some other crimes!
That was about two years ago and he was acquitted of all charges. But not until after the media smeared the crap out of him and then didn't report on the results of the investigation. He's not perfect, but anyone in his position has to learn a lot about the human condition in order to survive. He's not really anything special, but he has quite a lot of knowledge of vedic scriptures and can sometimes explain that wisdom better than I can decipher myself since I don't really understand the language past a few words/phrases. |
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ROFL ... what the hack !!!!! notme, how you found this??? do you look every youtube video waiting for something said about currency? I used to watch him a lot in my younger, more naive days. He has matured quite a bit since then, and so have I. I still watch a video a few times a year to see what he's up to. Sometimes he does have some good insight into the human condition, but like anyone who claims to be special, he must be taken with a large dose of salt. |
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Those who try to convince you they are more than human are just exploiting you.
You are probably right, but this physicist says we will be immortal if we can make it through this present phase... https://www.youtube.com/watch?v=6GooNhOIMY0That doesn't make us more than human  . I believe most people underestimate their potential. |
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Multisig addresses require m-of-n signatures to spend from. There are n total keys that can sign, and you need m <= n of them to successfully spend. For example, with m = 2 and n = 3 you can do a trade of physical goods with built-in escrow. The escrow holds one key, and each of the sender and receiver of the good hold the other keys. The buyer sends his bitcoin to the 2-of-3 address and the seller ships out the goods. The seller than creates and signs a transaction that spends the coins from the 2-of-3 address to his personal address. When the buyer receives the goods, he also signs the transaction and the coins are moved. If there is a dispute, the escrow can either sign the transaction, awarding the coins to the seller, or can ask the buyer to create and sign a transaction that returns the coins to him, and then sign that one. This can all be done without including the escrow except when necessary as all you need to know is the escrow's public address. They can have an outstanding offer to settle any disputes provided that if arbitration is necessary they get X BTC (or a %) as a fee.
Thank you for this - it makes a lot more sense now. It would be nice if there was a short little video on youtube explaining this to the common bitcoin user. There is no UI yet, and the code with the command line support still hasn't been in a release yet. Give it some time. |
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At the risk of being called a newb who's too stupid and/or lazy to use the search function correctly (it's a fair cop  ), could someone explain to me what multisig is, how it works, and why it's important (or provide a link)? Thanks! You know, I assumed that if I just asked the question, I'd probably end up getting a lmgtfy link or some other snarky non-response. But I hoped that maybe if I threw in a little self-deprecating humor acknowledging that yes, I should probably be able to find this information on my own, I might get an actual answer. Obviously that hope was misplaced.  But seriously, I still haven't found a good overview on the subject. If you know of a link to one that's particularly good, I'd love to see it. Multisig addresses require m-of-n signatures to spend from. There are n total keys that can sign, and you need m <= n of them to successfully spend. For example, with m = 2 and n = 3 you can do a trade of physical goods with built-in escrow. The escrow holds one key, and each of the sender and receiver of the good hold the other keys. The buyer sends his bitcoin to the 2-of-3 address and the seller ships out the goods. The seller than creates and signs a transaction that spends the coins from the 2-of-3 address to his personal address. When the buyer receives the goods, he also signs the transaction and the coins are moved. If there is a dispute, the escrow can either sign the transaction, awarding the coins to the seller, or can ask the buyer to create and sign a transaction that returns the coins to him, and then sign that one. This can all be done without including the escrow except when necessary as all you need to know is the escrow's public address. They can have an outstanding offer to settle any disputes provided that if arbitration is necessary they get X BTC (or a %) as a fee. |
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The purpose of "accounts" is to automatically adjust balances when there is a block chain reorganization.
Interesting - hadn't heard of this explanation before - has a block chain reorg occurred since the API commands were introduced? Frequently two blocks are announced in a very short timeframe and part of the network works on extending each. Last one occurred on August 15th. http://blockexplorer.com/q/reorglog |
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Sorry, here in bitcoin land we don't short anymore. We tried it, but it just fucked everything up. Your only option is long.
Such a blatantly misleading claim can't stand uncorrected. Fact is, we had some more viable short selling facilities. But there was no outright obvious effect on the rates. Some were able to detect some local effects, which could be quoted to support both the "pro" and the "contra" viewpoint. And while we're about to correct FUD, it is also not true that e.g. a platform like Bitconica is outright financial hazard and must collapse necessarily. From a financial viewpoint, that platform was constructed in a sane manner and did work indeed -- mind me, without forcing the platform to bet against its customers. What indeed fucked everything up was the lazy attitude towards IT security and coding standards. Plus an overall unprofessional attitude towards any business best practices, like e.g. how to communicate with ones customers. As others already pointed out, currently http://ICBIT.se is the only simple and easy to use solution allowing to take a short position without the need to actually sell your assets. Don't expect too much, the market is still rather illiquid. But personally it served me well to hedge my BTC positions partially, especially at times as right now, where corrections are imminent. PS: I know I know, proudhon always writes with a grain of irony, but the OP asked a plain and straight question and deserves a plain ans straight answerBitcoinica did have some issues that would have become apparent as bitcoin grew. But for such a small market, the slippage risks were acceptable. |
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Am I the only one that feels kind of guilty this happened? in the beginning noone would withdraw because it would mean having to pm payb.tc and bother him. with the withdrawal web interface it just became too convenient
should have just allowed withdrawals together with interest once a week.
No need for feeling guilty. No one expected people to be as stupid as they apparently are  Never underestimate the power of stupid people in large groups -George Carlin |
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So he was sick and cuddled with a woman. I never said he was a god. Sorry to break it to you, but none of your spiritual leaders are more than human. The description really says it all: "Why do they have to hide & act in this ways when its normal for humans to be like one ". Those who try to convince you they are more than human are just exploiting you. |
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At the risk of being called a newb who's too stupid and/or lazy to use the search function correctly (it's a fair cop ), could someone explain to me what multisig is, how it works, and why it's important (or provide a link)? Thanks! |
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The good thing is that we all likely will know rather soon.
In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is. I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right. They do. A lot of people have shown their true colours throughout all this. Sorry excuses for human beings, and they can go jump as far as I'm concerned. I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months). So I take it you'll be making an apology if it turns out we were right all along? Perhaps, not just apology but disgorgement of illegally/unethically obtained funds as well? I have made my passthrough lenders whole shortly after the announcement. If pirate defaults I will lose more, but I will have no unethically obtained funds. I may, however, apologize for defending pirate so fiercely, but I strongly believe it won't come to that. If I'm wrong, oh well, the loss will be hard, but I can take it. |
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