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501  Bitcoin / Bitcoin Discussion / Re: Silk Road: Trail of 11,329.89BTC on: February 27, 2014, 06:33:15 PM
When govts claim to seize coins... we should put those in a list...

As a community, the govt is not entitled to exchange values "today" of those coins from OUR money, that they admit to having. They should get $0.01 per coin, or nothing... That is theft from us, the way I see it.

Just got to tell us the wallets and addresses... add that into the exchanges "security do not exchange" list... since that would be the govt laundering stolen/seized money. (Making an app that checks for those "seized" addresses, to auto-reject them until they have been sold for that $0.01 price at an "official" exchange... would be nice too.)

Force the exchanges to reward all accounts equally, with the exchanged coins. (Would promote the exchanges too.)

They are not entitled to our value. They obtained the coins through force and seizure. I believe they are forced to destroy drug-money, not spend it... when obtained.

Once "exchanged", they would have normal value, to the split-users they were divided among. (So they could not just come back and buy their own coins, to resell at our prices.)
502  Bitcoin / Bitcoin Discussion / Re: In Light of MTGOX - Proposal for Transparency of Bitcon Exchanges Balance Sheets on: February 27, 2014, 06:19:12 PM
The bitcoin foundation should have been doing this already...

The point of a foundation, is that they actually have access and rules for joining, other than paying for ad-space and filling the foundations pockets for doing nothing.

We need a new foundation, a real foundation. One not run by the businesses themselves.
503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate on: February 27, 2014, 04:25:18 PM
Nice.. so, that is used like a "signature"... blocks without that expected 0.001 fee attached are obviously running free in the wild, on the wrong chain, or attempting to 51% attack? Since they would not have that fee? (Not sure if it is "given/handed-out", or if it is "programmed/auto-reward" in the code.)

Still, nice.

Adding 0.001 to all my found blocks. Tongue JK.

Also, add a "mandatory update" notice... Might even want a specific thread for that, "just the client wallet". For wallet related issues, as opposed to "Aircoin" as a whole.

Possible thread title:
[INFO] AIRcoin mandatory wallet update (v0.3.x) and wallet issues.

Forking, node-failure, setup, transactions... you know... basic wallet issues. (Would delete old replies there as handled, to keep the off-topic crap down. Also as it updates to new versions.)

P.S. You should make wallets look for a "mandatory update" flag... If it sees the flag, it stops mining, or auto-rejects the blocks found so it never submits them. (As opposed to still submitting blocks to the others with outdated wallets, which would accept them. Also, as opposed to new wallets just rejecting the old wallets submitted blocks, which would cause a fork, as the old wallets continue to run in one isolated group.)

The flag would have to have a hashed version increment, tied to the seed, so it could not be "faked", which would stall the network by disabling miners everywhere with a fake mandatory update flag. Incremental is fine, does not need to have an actual version number, as it would not change with each version, just be worked into code/wallets that are new, when a "forced update" is required. Which would also stop any prior old versions from running.

Eg,
V0.3.1 MU#1
V0.3.2 MU#1
V0.3.3 MU#2 <- First actual mandatory update
V0.3.4 MU#2
V0.4.1 MU#2 <- Not forced, still compatible (down to V0.3.3)
V0.4.2 MU#3 <- Oops, not as compatible as you thought, same as v0.4.1, but forced flag set now.
etc..

Also... have you disabled the LTC version-update warning.. Tongue that will annoy everyone in the future if you did not. When LTC updates, your wallet may start complaining to "update your LTC wallet".
504  Bitcoin / Press / Re: [2014-02-26] Mt. Gox CEO Says Leaked Documents More or Less Legit on: February 27, 2014, 03:58:01 PM
I've always pronounced it Mount .

Now we have to pronounce it...

M
T
.

Em Tee Period (Empty Period)

JK...

He said, "The plan/draft", was more or less accurate...

He also said, "The document (numbers)", were not an internal Gox document...

The "numbers" were not part of the plan. That was a separate thing, thrown in with "the plan" by the reporter.

He also said... "it isn't gone", we just don't have access to it. (Not sure if that was reference to money, or BTC, or both. Frozen assets, pending an investigation? Crashed/locked computer with cold-wallet storage information... ?)

Gox doesn't only have USD to trade. The document would have had every form of money traded, listed. It also would not have estimated money, but then specifically nailed exact BTC. It is fake. 100%. There is no truth, more or less, to the numbers. The drafted plan was the only thing resembling any reality. It was a plan discussed a long time ago. It was not confidential information. It was just ONE proposal, sitting on a shelf.

2bit-idiot is 6bits-shy and 56bits-short. Still does't have a full deck of cards in his/her hand.

I am sure the name (2bit-idiot) the one who released the fake data... was a direct knock at K, for possibly calling that hack, a "2bit-idiot". I would not doubt if that was the person responsible for trying to tap-out gox's BTC accounts. An x-employee, with access to the original draft, and knowledge about the tx-system, having dealt with many returns, seeing the exploit happen, then went out and figured out how to do it himself/herslef. After being called a "2bit-idiot".
505  Bitcoin / Bitcoin Discussion / Re: Bitcoins, The Movie... on: February 27, 2014, 04:08:52 AM
It's not a conspiracy if we don't tell anyone... Right...
506  Bitcoin / Bitcoin Discussion / Re: Would bitcoin have certain immunities if groups claimed it as their religion? on: February 27, 2014, 04:06:44 AM
I'm staring the first bitcoin church, donate BTC to address on my signature to help building the church or you will burn in Gox.

Love that!
We need a deamon... lol, (Play on words)

See, bitcoins are a religion!
507  Bitcoin / Bitcoin Discussion / Re: Would bitcoin have certain immunities if groups claimed it as their religion? on: February 27, 2014, 04:06:04 AM
What law states that a currency can't be worshiped as a religion...

We worshiped cows... they had a role as cows... https://bitcointalk.org/index.php?topic=483970.msg5327763#msg5327763

We worshiped rats... Still do...

We worshiped gold... and golden cows!

We worshiped the sun... Even called it a God!

We worshiped the dollar/crowns/coins/pents/cents... Still do... (But we are forced to do that.)

Why exactly couldn't a crypto-coin "also" be a religion? All you need is belief and trust. (Sort of the foundation of the coins creation in the first place. "As it was written... These are the words of the white-papers... Amen!"
508  Economy / Service Discussion / Re: Was MT Gox just a ponzi? on: February 27, 2014, 03:51:09 AM
This is ridiculous to state that Gox hasn't noticed theft of 700k BTC.

You are right.. it is ridiculous to keep stating that they didn't notice the theft of 700k...

Because that is not what was stolen. That was a fake document. Thrown into the "draft", which was also fake.

Gox has not said how much was lost. Nor is it even possible that 700k was removed through the exploit mentioned. It would have taken over 7,000k to have executed that withdraw exploit, and thousands of user accounts, over months and months.

The exploit was a short and recent thing. It took months to tap silk-road-2 out of 70K, or was it 50k... I forget... (Though I seriously doubt that is where the coins in silk-road-2 went... lol.)

There is no 700k missing.
509  Bitcoin / Press / Re: [2013-02-17]FXOpen Launches Crypto Accounts on: February 27, 2014, 03:26:02 AM
so anybody deposited crypto there?

they don't mention how the conversion is down

might be BTC-E rate, but who knows

There is no conversion...
You deposit coins, you have coins to trade...
You deposit money, you have money to trade...
Just like every other trade-engine... Except that is more professional than the exchanges that normally trade coins. (and secure, and reliable, and trusted)

You want money, you trade your coins there, for whatever you set for a price. If someone wants it, they buy it, and you get your money.

It is it's own exchange. They do not buy and sell coins. You do that, there.

The big difference is... once you have money, you can use that on any other conversion pairs. (If they have multiple pairs for your coin, you have more than money to trade for.)

The only difference is, in forex, they use pip-spreads...
(example only)
If the price is $600 for 1BTC... you pay $605, if you instantly try to sell, it sells for $595...
Thus, You have to wait for the price to go up $5 from $605 to $610. Then if you sell, you would get $605 (Which is -$5 under the price), thus the pip-spread would be $5 there.

Same here in the exchange, but here they charge a flat percentage to exchange. If they charge 0.5% and that is $5, you would have to wait for the price to go up $10, to break-even. (Because they charge a percentage both ways on these exchanges.)

Also note... Forex sometimes has "variable pips"... When the market is going crazy, they make the spread wider, harder to trade... so you have to wait for the market to settle-down, or hope you get a good spread covered in the rise/fall... depending what you are going for.
510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate on: February 27, 2014, 02:39:12 AM
I believe the pool you are connecting to is offering bonus blocks for signing up and putting in enough valid blocks.  I'll have to check earlier pages to be sure.

I am solo-mining directly into my wallet...

Might just be a floating-point error... for reward/generation. (It was accepted by the network, so it must be valid. Tongue Gonna change my reward to 2923749237948798327.1 AIR, see if the network accepts that!)

Thought you guys might be "testing" the "adjustment" for reward or something.

Wouldn't be a tx-fee... well.. it might, if someone is adding a tx-fee, or there is a minimum tx-fee setup in the pool daemon code. Can't tell without a block-explorer... Tongue

(gettransaction didn't show anything other than the generated amount being 3.72100000) No tx-fee in there, no other tx's in that transaction-ID.
511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate on: February 27, 2014, 02:21:09 AM
Anyone else unable to connect to air.pitythepool.com?
I connected right away.. 30 miners running, 30MHs avg...
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate on: February 27, 2014, 02:09:55 AM
Nice, Now I have a solid 22 connections... Great work getting that node issue resolved.

Can't wait for that block-explorer and an exchange to open.
(To buy, not dump. I still want a nice starting balance. Also curious to see how reward will be altered.)

Still only dedicating 3MHs to the coin, for the moment. Hash-rate is still decent for solo-mining, even at 150K (2.288818359375 diff). I think I can go up to about 655K (9.994506835 diff) before things get ugly for solo-mining. (Luck-wise, with only 3MHs)

Getting roughly 1 block per hour (89.28 coins per day) now...
What I need to break-even on electricity is about...
$5.00 for 89 AIR
$0.05618/AIR
@ $600/BTC = 0.00009363BTC/AIR

P.S. I am getting random rewards of 3.721 (Now have 4 out of about 415 blocks)
Quote
Status: 207 confirmations, broadcast through 25 nodes
Date: 2/26/2014 13:54
Source: Generated
Credit: 3.721 AIR
Net amount: +3.721 AIR
Transaction ID: bd5c82b2815e0b34bdc3240331964d3c69f0b3ecc0fa7ed1cf3c91a7f3f2e3ee

Just within the last day or two mining, not before then.

P.P.S. The faster you get it into the exchange, the less pumpy it will be... Once we all have TONS to sell, there will come a feeling of dumping. Starting it fast and early, low, with high volume to slowly let it increase, is the best way to get it on a good footing.
513  Economy / Service Discussion / Re: Was MT Gox just a ponzi? on: February 27, 2014, 01:57:18 AM
Gox didn't say the numbers on the fake form were real...

1: He said the "exit plan" was essentially true, "more or less".

2: The numbers, he said, were NOT an internal gox document.

There was two separate parts. The numbers were NOT part of the plan. The plan was a hypothetical exit plan/draft, for when disaster struck.

Gox doesn't trade only in USD, if the numbers were real, it would have contained all trade-values. Actual values, not estimates on one thing, then specific numbers on another. It would have also been confidential, and marked as such.

Gox has not released any actual information, yet. There was not stolen money and coins... The only thing they had shortage of, was some coins from a hot-wallet. Funds, if anything, are/were just "frozen", and thus, "inaccessible", at the moment.

But no, it was not a Ponzi Scheme. (Pyramid scheme)
Nor was it a HYIP Scam. (All HYIP's are scams, there is no investments, or profiles/portfolios. There is no such thing as a legal HYIP. That is like saying legal robbery. HYIP, is a form of Scam.)

Once they completely understand themselves, what happened, then they will make an announcement. The more they dig, the more screwed-up crap they are finding, I am sure. They never had to look until now. They know who they gave the "re-sent withdraws" to, I hope. (That was the purpose for getting verified for large transactions.) It is not like there were millions of people hacking the blockchain, with millions of accounts, (limited to 100BTC withdraws), all withdrawing 700,000 coins. (They would have had to have half-that, at-least, to do the attack and get that much out. Not every re-sent withdraw showed as returned. So it would have taken almost 4x-20x more BTC withdrawn, to get that much out.)

Stop repeating other peoples obvious FUD. If they knew what they were talking about, they would not have used a name like 2bit-idiot... Obviously, the guy was an idiot, and it was a joke.
514  Bitcoin / Bitcoin Discussion / Re: Why do people fear regulation so much? on: February 27, 2014, 01:25:26 AM
I think the question is too vague...

You would have to elaborate on what regulations... (Not all regulations are feared.)

I like regulation that saves me from potential losses. (Even if only self-regulated.)

I don't like regulation that operates under the ploy of protecting me, (though it might in some rare way), creating limitations on how, where, or why I spend my earned income.
515  Bitcoin / Bitcoin Discussion / Re: Would bitcoin have certain immunities if groups claimed it as their religion? on: February 27, 2014, 12:38:03 AM
Religion is bad. It's made to control your mind.

No it is not... it is made to stop you from thinking...

Stop thinking! Here is the answer...
Stop thinking! Do not do anything...
Stop thinking! Give me your money...
Stop thinking! I do that for you...
Stop thinking! Except about me...
Stop thinking! There is no spoon...
Stop thinking! Dirty thoughts...
Stop thinking! About his stuff...
Stop thinking! About hurting me/others...
Stop thinking! About other's beliefs...
Stop thinking! Thinking is sin...

See... they are not controlling your mind... they don't ask you to do a thing... So just Stop thinking about it! Just... Stop... Thinking... Sinner!

Yea, I want to spend eternity with that crowd. lol. I'll take my chances and assume the devil, part of religions (thus, non-existent if you don't believe in them), isn't going to consume me. Keep your beliefs in your head, and I will keep mine in my head. It's good to have friends, even if they are imaginary.

Bitcoin is a religion... It is celebrated at conventions. It has a large following of supporters. It has rules. It can not truly be seen, but it is all around us. It helps the poor and needy, freeing them of evil FIAT. It promises nothing. It has many alternative variations, with similar followers (alt-coins). The creator has yet to be seen. You don't know the creators true name. Oh, and it cures cancer!
516  Bitcoin / Bitcoin Discussion / Re: NY just announced a MANDATORY Bitcoin license - if this concerns you sign this. on: February 26, 2014, 11:59:07 PM
Prudent state regulation it the next necessary step in the evolution of decentralized virtual currency.

+1 for a New York BitLicense.

Agreed, if it is free to get. For those operating in NY...

Doesn't mean squat in any other state/country.
517  Economy / Economics / Re: [ECONOMICS 101] The "You Have Two Cows" Case study on: February 26, 2014, 11:36:53 PM
Arabia
You have two cows.
You trade them for two wives.

Borg
You have two cows.
You assimilate them... Resistance if mootile.

Yemen
You have two cows.
They produce four calf.
There is no bull.

Second-Life
You have two cows.
Anshe-Chung steals the design and makes $99,999,999.00 Lindens selling the cheap knock-offs.

Black hole
You have two cows.
But you can't see them.
On the edge of the hole, Hawking-radiation lets you know they are in there.

Future
You have two cows.
One is a clone.

Past
You have two cows.
You trade them for tulip-bulbs.

Seattle
You have two cows.
They are depressed.

California
You have two cows.
One is on anti-depressants, Ritalin, Prozac, Oxycontin and in therapy.
The other is working full-time with a marijuana-grower/caretaker.

New York
You have two cows.
Both are unemployed, living off welfare, have many kids, some of them yours, and don't like being called bitches. But they are your bitches.

Moon
You have two cows.
But they imploded.

Mars
You have two cows.
They both wonder why the hell you put them on mars.

Desert island
You have two cows.
You wish you had one boat.
518  Bitcoin / Bitcoin Discussion / Re: People actually thought bitcoin was dead because of MtGox? on: February 26, 2014, 09:41:31 PM
I like to play with dead things...

Most things I eat are dead...

This dead thing is walking all over the place...

Zombies are less active than BTC...

News is dead...

BTC is not alive, it can not die... It is immortally animated...

My cat died...

Mt.Gox killed my cat...

I'm gonna take his cat, since he has my BTC... I'll call it even...
519  Bitcoin / Bitcoin Discussion / Re: We should really worry on: February 26, 2014, 09:34:59 PM
Bank denies BTC... Then wonders why it has no money to loan-out... Why no-one is getting loans... Why no-one is depositing... Dies...

Just like thousands of other banks every year.

Yawn.

New world, New order, New laws, New rulers... Old news.
520  Bitcoin / Bitcoin Discussion / Re: Why do people fear regulation so much? on: February 26, 2014, 09:23:52 PM
The fact that food additive and pharmaeutical is regulated is good: I can trust that they are safe and won't poison me.

Regulation promises no such thing... What it promises is that there is less potential chance for being poisoned (except for the "known" side-effects/poisons), and if poisoned beyond that known poison, the company who sold you the poison, will be held responsible.

There is no claims of "safety", in regulation.

Drugs get pulled off the "regulated market", which were once regulated. Items get pulled for being unsafe. People still get screwed by regulated markets...

Enron
NYSE
AOL
Microsoft
DOW

Just to name a few "regulated" things that have been the source of some major "non-good", and "distrust".

Why do we fear it... Because it costs us, to regulate. It rewards only those regulating it. It offers little protection, and even less enforcement is actually done. The majority of regulation is simply to do nothing, and get something. "Comfort foods" for the mind.

However... Since it is "comfort food", it does fill more peoples bellies than the distasteful fear of unregulated markets. (However, it should not be forced. What should be forced is alerting people that they are participating in an unregulated market. So they are aware of the lack of "comfort food" that they will never not get.)

Regulation has many faces...

We are not talking about price regulation... We are talking about accountability and proof, regulation.
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