I am not sure if you are specifically referring to this, however the system you are describing sounds a lot like bitsquare. With bitsquare, traders are mostly protected against a hack of the exchange, although the arbitrators essentially are bearing the risk of the exchange being hacked, and I don't think there is a way of getting around this. Traders also need to trust bitsquare to the extent that multiple arbitrators are not colluding with each other maliciously. Probably very importantly, users will need to know how to detect fraudulent fiat payments, and dispute the receipt of the payment -- this is a skill that many current bitcoin users do not have, and one that potential new users have in less frequently. This kind of exchange will also result in less liquidity than say bitfinex as traders will need to wait longer to receive fiat funds No, I don't mean anything such In fact, I'm not quite familiar with smart contracts (which you mentioned earlier) but if I assume correctly the system that I'm talking about has more to do with them that with the arbitrator system of bitsquare. Basically, the LN network itself running over the blockchain will be an arbitrator here. At a real exchange, when your order is filled your account balance changes, with LN it will be pretty much the same. The difference will be that since there are no, say, genuine dollars as such in the system, they will be represented by bitcoins themselves. If the price changes beyond what you have as "dollars", your bitcoin "dollars" (or some part thereof) will be forcefully sold for "genuine" bitcoins. It may look strange at first glance, but this is how margin trading works in general. With margin trading, the dollars in you account are sort of virtual since they are not yours but only borrowed I am not quite sure I understand the process of how bitcoin held on LN would be turned into $100 bills with the process you describe. I am also not quite sure I understand how the USD balance would be protected against theft/hacking on the part of the exchange. Wouldn't users need to sign a transaction that results in the exchange controlling all of a users' coins that is part of their USD balance? Or am I missing something? I am interested....do you have a whitepaper or a blog post or something with more information about this system?
|
|
|
Nearly everyone that can be considered a Bitcoin expert (i.e. wallet developers, developers of full node software, etc.) has given statements regarding their position with Segwit, Classic, and BU[...] through their support of Segwit functionality in their software. You will find that the majority of these people are in favor of segwit.
I think you are misrepresenting the position of wallet (softare) devs, (and the position of exchanges/businesses). The reason that wallet software is supporting segwit is because the devs believe there is a decent chance it will be implemented, and if segwit is not supported, then users of their wallet software will be unable to validate segwit transactions (what could be the majority of transactions). The same is true regarding exchanges, if an exchange is not ready to implement segwit, then once segwit is activated, they will have no way to validate they have actually received deposits, which is just asking for a disaster. Although not directly related to SegWit, this reddit post is a better indication of the experts who are running major Bitcoin related businesses' opinions. Provided that you trust that the author of that post is not lying (I am unsure of his ability to be trusted one way or another, although I have not seen any contradictions to what he has said), then the majority of Bitcoin related businesses are neutral to the issue, and do not support one side or another. I would also point out that major businesses were threatened with bans on r/bitcoin after they publicly showed support for XT (and baseless ad-hominem attacks were thrown at the same businesses after they showed support for XT), so there is a legitimate business reason to withhold public opposition to SegWit (and public support for BU) if that is the business' actual position. There is no such business reason to withhold public support for SegWit when the business' actual position is that they support SegWit.
|
|
|
There had been plenty of talk about implementing decentralized distributed exchanges over the blockchain, but we are not there yet by any metric. Maybe, Lightning Network will change something with its close to instant transactions
This will never be possible. 1 - Once you sell your btc for USD, your USD will be at risk. 2 - If you have any orders on the exchange will be at risk because the exchange is not going to let you make an order without the coins being controlled by the exchange -- otherwise customers would have the opportunity to not sign a transaction and could potentially delay signing to wait and see if they can repurchase the sold coins at a lower price very soon after they sell Previously, I also thought along these lines basically Though, unlike you, I understood that I couldn't know everything, and I assumed that there was a way to make such an exchange irreversible. And yes, some guys have explained to me how a decentralized distributed exchange can be done in an efficient manner. Basically, if you sell or buy bitcoins, you provide collateral in the form of the same bitcoins (say, twice as much the amount you buy or sell), so if you try to welsh on the deal, you lose more. Right now, this system wouldn't be usable for obvious reasons (due to transaction fees and confirmation delays), but with Lightning Network properly implemented it should work flawlessly and reliably I am not sure if you are specifically referring to this, however the system you are describing sounds a lot like bitsquare. With bitsquare, traders are mostly protected against a hack of the exchange, although the arbitrators essentially are bearing the risk of the exchange being hacked, and I don't think there is a way of getting around this. Traders also need to trust bitsquare to the extent that multiple arbitrators are not colluding with each other maliciously. Probably very importantly, users will need to know how to detect fraudulent fiat payments, and dispute the receipt of the payment -- this is a skill that many current bitcoin users do not have, and one that potential new users have in less frequently. This kind of exchange will also result in less liquidity than say bitfinex as traders will need to wait longer to receive fiat funds. If the system you describe would work so successfully with an instant-confirmation system (like LN), then platforms like localbitcoins would implement similar systems (especially for difficult-to-reverse type payment methods).
|
|
|
No, only sites which used Cloudflare could've been affected.
|
|
|
What thread did he delete your posts from?
|
|
|
Interesting. Are these shoes in really high demand or something? I would think it would be a rather risky proposition to buy up a whole bunch of a very specific brand of shoes like that.
|
|
|
Out of curiosity, how much were the coins funded with?
It is possible that the thief redeemed the XMR that the coins were funded with and threw the coins in the trash (this would result in less evidence to lead back to the thief).
|
|
|
I have several pairs of Adidas Tubular Invader Strap's in Red, Grey, Black and Green sizes from 9.5-11 (see below). Shoes are brand new in box and original/authentic.
Out of curiosity, how exactly are you able to get such a variety of 'new in box' shoes?
|
|
|
There had been plenty of talk about implementing decentralized distributed exchanges over the blockchain, but we are not there yet by any metric. Maybe, Lightning Network will change something with its close to instant transactions
This will never be possible. 1 - Once you sell your btc for USD, your USD will be at risk. 2 - If you have any orders on the exchange will be at risk because the exchange is not going to let you make an order without the coins being controlled by the exchange -- otherwise customers would have the opportunity to not sign a transaction and could potentially delay signing to wait and see if they can repurchase the sold coins at a lower price very soon after they sell.
|
|
|
I didn't think that bitcointalk used cloudflare edit: From the Cloudflare incident report: The greatest period of impact was from February 13 and February 18 with around 1 in every 3,300,000 HTTP requests through Cloudflare potentially resulting in memory leakage (that’s about 0.00003% of requests). [...] The infosec team worked to identify URIs in search engine caches that had leaked memory and get them purged. With the help of Google, Yahoo, Bing and others, we found 770 unique URIs that had been cached and which contained leaked memory. Those 770 unique URIs covered 161 unique domains. The leaked memory has been purged with the help of the search engines.
|
|
|
Electrum will calculate addresses correctly.
The bug seems to affect Copay and BitPay wallets, not electrum.
|
|
|
These 4-digit prices cause the some of the numbers on the charts to lose the rightmost digit (cents).
Bitfinex actually only allows traders to price their trades with 5 significant digits, which means that as long as the BTCUSD price is above $1,000, traders need to price their trades in tenths of a dollar ($0.10). Once BTCUSD goes above $10,000, traders will need to price their trades in increments of $1.00. You are most likely looking at the bitfinex chart/price. If you look at other exchanges, you will see that they allow for trading in increments of $0.01
|
|
|
Trust: -240: -8 / +16 Warning: Trade with extreme caution! Ignore
ARE YOU JOKING LOL WHO IS TALKING!
I am more trustworthy than most jokers running around here. Either way what I am saying is not untrue. Anyone dealing on the terms you are offering is almost certain to get scammed.
|
|
|
If you are unwilling to send first, would you be willing to use escrow? What country would the money need to be sent to? Egypt, i am not using escrow. I will have to pass on your offer, and would recommend others against trading on the terms you are offering.
|
|
|
If you are unwilling to send first, would you be willing to use escrow? What country would the money need to be sent to?
|
|
|
want to try electrum, but what is the fee ? anyone tell me ?
The only cost to use electrum is about 70 mb worth of disk space on your hard drive that the program will take up. It is otherwise entirely free to use electrum.
|
|
|
Personal messages are viewed as "Personal" information
I think you are confused. A "personal message" is a message that is sent from one person to another personally. A private message on the other hand is private information. There is no option to send a private message to someone here. However if you wish to keep information sent in a message private, I would suggest that you use some kind of encryption and/or privnote message to protect your privacy.
|
|
|
Proof of your fake trades? How about the trading topics that you opened involving reversible payment methods that you were able to get completed faster than most reputable members can. Or the fact that you are opening consecutive trading threads, all with reversible payment methods one after another. The above plus the fact that your account is clearly either purchased or hacked.
|
|
|
You most likely will want to not access your bitcoin wallet on your computer, nor access any kind of bitcoin related service until you reinstall your operating system. I would advise that you review this thread for more information as to how to handle your problem (preferably from a device that you are confident that is not infected with any kind of malware).
|
|
|
|