Scam The site is anonymous and was registered 2 days ago. Domain Name: coinreverse.com Registry Domain ID: 1995860400_DOMAIN_COM-VRSN Registrar WHOIS Server: whois.register.com Registrar URL: http://www.register.comUpdated Date: 2016-01-20T10:45:20Z Creation Date: 2016-01-20T10:45:17Z Registrar Registration Expiration Date: 2017-01-20T10:45:17Z Registrar: Register.com, Inc. Registrar IANA ID: 9 Registrar Abuse Contact Email: abuse@web.comRegistrar Abuse Contact Phone: +1.8773812449 Reseller: Domain Status: clientTransferProhibited http://icann.org/epp#clientTransferProhibitedRegistry Registrant ID: Registrant Name: PERFECT PRIVACY, LLC Registrant Organization: Registrant Street: 12808 Gran Bay Pkwy West Registrant City: Jacksonville Registrant State/Province: FL Registrant Postal Code: 32258 Registrant Country: US Registrant Phone: +1.9027492701 Registrant Phone Ext.: Registrant Fax: Registrant Fax Ext.: Registrant Email: cbb8s9dt96h7e9otfakvatk6s6@domaindiscreet.comRegistry Admin ID: Admin Name: PERFECT PRIVACY, LLC Admin Organization: Admin Street: 12808 Gran Bay Pkwy West Admin City: Jacksonville Admin State/Province: FL Admin Postal Code: 32258 Admin Country: US Admin Phone: +1.9027492701 Admin Phone Ext.: Admin Fax: Admin Fax Ext.: Admin Email: 0bspsksk3iibiarkqj2dmnmhf4@domaindiscreet.comRegistry Tech ID: Tech Name: PERFECT PRIVACY, LLC Tech Organization: Tech Street: 12808 Gran Bay Pkwy West Tech City: Jacksonville Tech State/Province: FL Tech Postal Code: 32258 Tech Country: US Tech Phone: +1.9027492701 Tech Phone Ext.: Tech Fax: Tech Fax Ext.: Tech Email: 0bspsksk3iibiarkqj2dmnmhf4@domaindiscreet.comName Server: b.ns.interland.net Name Server: a.ns.interland.net Name Server: c.ns.interland.net DNSSEC: Unsigned |
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All modern currencies are "digital". There is nothing different about a "digital" currency.
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Bitpay, Circle, or Coinbase may be able to do that for you. If not, then it is still easy for you to convert the payments received from a CC processor to bitcoins yourself.
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The pay raise comes after JPMorgan announced record annual profits last week, thanks to cost-cutting that helped to offset stagnating revenue growth.
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Different people generally mean different things when they write "backed by". You need to be careful to explain what you mean when you use the words "backed by". For example, the words "backed by" mean something different in each of these: - The dollar is no longer backed by gold and Bitcoin is backed by nothing.
- The dollar is backed by the full faith and credit of the U.S. government.
- The dollar is backed by the U.S. military.
- The dollar is backed by banks.
- Bitcoin is backed by math.
- Bitcoin is backed by the processing power of the network.
- Bitcoin is backed by electricity.
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Hi.
I just want to know what exactly tainted coins are and how they become tainted. I've recently checked through blockchain and found that one address that I received payments from has 40% tainted coins and a couple more have 13% and 11%. Then the next addresses on the list are at 0.1% and lower.
Are tainted coins bad to be associated with and what happens to tainted coins?
Despite the name's connotation, there is nothing bad about taint itself. It is just a measurement. "taint" is the portion of coins at one address that came from another address. |
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Bitcoin would easily survive a Trump presidency, but the U.S. probably would not.
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The article mentions nothing about the methodology other than "survey of 4,000 Bitcoin owners worldwide" so it impossible to believe any of the results.
I would bet that most of the people that were surveyed are white or male or techie.
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Different people generally mean different things when they write "backed by". You need to be careful to explain what you mean when you use the words "backed by". For example, the words "backed by" mean something different in each of these: - The dollar is no longer backed by gold and Bitcoin is backed by nothing.
- The dollar is backed by the full faith and credit of the U.S. government.
- The dollar is backed by the U.S. military.
- The dollar is backed by banks.
- Bitcoin is backed by math.
- Bitcoin is backed by the processing power of the network.
- Bitcoin is backed by electricity.
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a privkey rules an address no matter the salt. you can use that privkey to import the addresses funds to any wallet on any computer.
it doesn't hurt or cost anything to split your funds into a few address, thus minimizing your exposure of being struck by lightning in this sort of attack.
According to this, the odds of you being struck by lightning in the U.S. each year is 1 in 960000 If the entire Bitcoin network devoted all of its hashing power to guessing your private key (assuming 1 million trillion checks per second), then the odds each year of someone generating your private key are 1 in 31557600000000000000000000 In other words, you are 32872500000000000000 times more likely to be struck by lighting. Even if someone were able to generate 2 109 addresses per year, you are still about 2 billion times more likely to be struck by lightning in a year. The cost of doing anything to minimize your risk (including even discussing it) is greater than the risk of doing nothing. |
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This statement is incorrect: Most probably, the hash rate spike is caused by launching of a new mining center or commissioning of new mining equipment.
Hash rate spikes are due to the random nature of the mining process. The reported hash rate is an estimate derived by measuring the time between blocks. The time between blocks is random. If that time happens to be less than 10 minutes each for many blocks in a row, then it will appear as an increase in the hash rate, even if there is no change in the actual hash rate. |
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although it seems we're still looking at thousands of thousands of years before a rational possibility of collision in maximum scenario (without 24x bitcoins current network capabilities;) it's still a bit unsettling that the possibility is out there.
maybe food for thought in not holding all of ones funds in a single address.
The chances of the Earth being hit by an asteroid are much much much higher. If 1 in 2 59 unsettles you, then I suggest you start digging a bunker now. I apologize if I just caused you to become unglued. This video is always appropriate to this discussion: https://www.youtube.com/watch?v=KX5jNnDMfxA |
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The probability of a collision is found by a standard formula: p = 1 - k! / Nk-1(N-k)!, where k is the number of hashes generated (100x1010x103) and N is the number of possible hashes (2160).
This is a difficult number to calculate, but there is a good approximation: p = 1 - e-k(k-1)/2N
But even that value is difficult to compute because of the precision needed. Here is another approximation p = k2/2N.
So the answer is that the probability of at least one collision is approximately 7x10-19 or 0.00000000000000007%
that's for the collision of a specific address correct? what if you were to continually generate addresses (and thus privkeys) hoping to collide with another random address which holds funds. i would imagine as the pool of addresses used by the general population increases, the chances of collisions occurring will increases likewise. That is the probability of the same address being generated by two different wallets, assuming that all generated addresses are all used. It is not the same as simply generating an address that is currently in use. The maximum theoretical probability can be computed. Suppose bitcoins are maximally distributed such that each address holding bitcoins contains only 1 satoshi. There would be 2.1 quadrillion addresses in use (or about 2 51). The maximum odds of a collision occurring while distributing the 2.1 quadrillion satoshis is approximately (2 51) 2 / (2 * 2 160), or 1 in 259, or 1 in 576460752303423488 That is an incredibly small number. Once the satoshis are distributed, the odds of generating a single address that is already in use is 2 51 / 2 160, or 1 in 2109, or 1 in 649037107316853453566312041152512 These are the highest possible odds of a collision. Suppose you are trying to steal satoshis by brute force and you hope to crack one of the 2.1 quadrillion addresses per year. What kind of hash rate do you need? Well, you need to check 2 109 private keys per year (31556926 seconds), or 2.1x1025 checks per second Note that 2.1x10 25 is about 24 million times the total Bitcoin hash rate (though the two rates are not directly comparable) |
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watch out with this site, it was created less than 3 weeks ago, any money you receive from it can be reversed weeks even months from now in the future. looks very suspicious  Domain Name: SATELEXCHANGE.COM
...
Registrant Name: BTC TO MONEY
Registrant Organization:
Registrant Street: 682 E MOUNTAIN AVE
Registrant City: LAS CRUCES
Registrant State/Province: NM
Registrant Postal Code: 88001
Registrant Country: US
Registrant Phone: +1.5756461504
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: BITCOIN2MONEY@HOTMAIL.COM
...
100% scam This guy (as well as Biochemical and tonny.jr) is Gemminyc. Look at the Registrant. It's the same registrant as btcto.money, which has turned out to be a scam. Check this thread: https://bitcointalk.org/index.php?topic=1294441.0 |
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People can't afford downloading the whole blockchain as some desktop wallet requires, some people need to access web wallets from different devices so it's easy to send/receive bitcoins.
Very true not all people can just download the whole blockchain, but what is nice about online wallet is easy to use and is not that bad if you don't have that much bitcoin. That is why people have a lot of wallets and they don't have a offline wallet. true. I have several wallets on several devices and none of them download the block chain. |
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Is there such a thing as a hedge fund for bitcoin  Which companies have this option and is it really advantageous to have one as opposed to the other money mart accounts? By "bitcoin hedge fund", do you mean an ETF like GBTC? |
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Cable Box De-scramblers
Coin Dealers
Credit Card Schemes
Credit Repair Services
Dating Services
Debt Consolidation Scams
Drug Paraphernalia
Escort Services
Firearms Sales
Fireworks Sales
Get Rich Products
Government Grants
Home-Based Charities
Life-Time Guarantees
Life-Time Memberships
Lottery Sales
Mailing Lists/Personal Info
Money Transfer Networks
On-line Gambling
Pawn Shops
Payday Loans
Pharmaceutical Sales
Ponzi Schemes
Pornography
Pyramid-Type Sales
Racist Materials
Surveillance Equipment
Telemarketing
Tobacco Sales
Travel Clubs
wow...lol. Isn't that everything and anything bitcoins can be used for?
No, that is just a bunch of illegal and sketchy stuff. Bitcoin can be used for everything else that isn't banned and is legit. Bitcoin can be used for everything that fiat can be used for as well. Just so you know, that list doesn't apply just to Bitcoin, it applies to fiat as well. I don't think you actually read the list. You feel that coin dealers, dating services, firearm sales, money transfer networks, online gambling, pornography, and surveillance equipment are all illegal or sketchy? |
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I am sad because the U.S. government believes it is OK to kill 50 innocent bystanders.
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... I can't see why uploading ID would be a problem if your not using Bitcoin inappropriately ...
The problem is that it is up to them (with the guidance of the U.S. government) to decide what is appropriate, not you. For example, here is the official list of activities (supposedly now defunct) which were considered "inappropriate": Ammunition Sales
Cable Box De-scramblers
Coin Dealers
Credit Card Schemes
Credit Repair Services
Dating Services
Debt Consolidation Scams
Drug Paraphernalia
Escort Services
Firearms Sales
Fireworks Sales
Get Rich Products
Government Grants
Home-Based Charities
Life-Time Guarantees
Life-Time Memberships
Lottery Sales
Mailing Lists/Personal Info
Money Transfer Networks
On-line Gambling
Pawn Shops
Payday Loans
Pharmaceutical Sales
Ponzi Schemes
Pornography
Pyramid-Type Sales
Racist Materials
Surveillance Equipment
Telemarketing
Tobacco Sales
Travel Clubs
Coinbase has a list like this. If they believe you are involved in any activities on their list, they will file a Suspicious Activity Report on you. They might also ban you. |
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