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501  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 07:04:26 PM
Which is a better deal mathematically?

  • Buying lottery tickets for $1 each, with a $100 million prize
  • Having unlimited free chances (maybe 1000 per second) to find a private key to a dormant Bitcoin account with millions of dollars in it
502  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:55:24 PM
I agree with you.

But for promotional and entertainment purposes ...
503  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:41:44 PM
Owners of addresses with a very large amount of Bitcoins in them, that have been dormant for years, should consider immediately moving them to multiple addresses with smaller balances in them.  This will demonstrate that the accounts are not dormant.

Unless they are confident that the chances of someone obtaining the private key are "zero".  You know, like jumping to another star.


504  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:31:30 PM
We should not promote stealing.  It should only target abandoned addresses.

So, how do you know if an address is abandoned?


That is an excellent question.  Some people may be comfortable waiting 100 years before trying.  Just to be sure.


505  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:29:41 PM
We should not promote stealing.  It should only target abandoned addresses.

Plus, it can't be stealing if they don't get an exact match.  And we have already stipulated that the chances are very, very, very small.

506  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:17:09 PM
Regardless of the odds, they are a noticeable improvement over zero.  And spinning the wheel is free, at many times per second.

No they aren't.  It is like trying to get to another star and your progress is 0% so you decide to jump.  You get too feet off the ground and call that a noticeable improvement over zero.

No.  It is not like that.

You decide to jump, hundreds or thousands of times per second.  Most times you only move 0.01 inch, and occasionally you jump 46 feet, and occasionally someone posts documentation in a forum that they jumped 273 miles.

The number of encouraging results increases over time.  And "players" would get closer to a match.  And the value of the Bitcoins keeps increasing.

We would have a much harder time promoting something with a zero chance.  Unless we were a religion, offering "eternal life".

507  Bitcoin / Bitcoin Discussion / Re: Is there a way to build a wallet generator till you hit the jackpot ? on: November 06, 2013, 06:04:52 PM
Properly packaged, these could be an effective promotional item for Bitcoin.  The ideal package should be preloaded with orphaned and dormant addresses, require that the "player" download a bitcoin wallet before using the generator, and ideally have made some Bitcoin transfer to it.

As with any lottery, near misses to the big payoff should be displayed, and can provide tantalizing reinforcement.

If we can't market unlimited free chances to win millions of abandoned dollars in a way that promotes more widespread Bitcoin awareness and usage, we really are a bunch of nerds.

Regardless of the odds, they are a noticeable improvement over zero.  And spinning the wheel is free, at many times per second.

The screen saver method is only one such implementation.  A simpler approach would be a batch file that ensures that the player has a Bitcoin wallet, and then runs vanitygen https://bitcointalk.org/index.php?topic=25804.0 coupled to a GUI that provides just the right amount of user feedback and "near misses", with a search file of the largest abandoned addresses, and the matches written to an output file.  By using just the first 8 characters of the target addresses, a small number of encouraging hits would be generated.

508  Bitcoin / Bitcoin Discussion / Re: What would you do if you generated a Bitcoin address which had 100btc in it. on: November 05, 2013, 05:30:39 PM
If they belonged to a poor person I would definitely give them back.
509  Bitcoin / Bitcoin Discussion / Re: Name and Photo of "The Employee" of Silk Road Posted on: November 04, 2013, 06:05:27 PM


According to the Maryland indictment of DPR, on January 17th 2013 "undercover federal agent delivered one kilogram of a mixture or substance containing a detectable amount of cocaine to "The Employee".


  • A post on a poker forum from a user named "gooch" provides us an MSN username and an email address. You'll note a certain irony in the choice of the email address.
  • The same email address has been used as email contact for a website named "anytimeairportshuttle.com" registered in Spanish Fork, Utah. Pokergooch also seems to be from Utah.
  • The company is registered at the same physical address than the website and categorized under "airport transportation services, regular route", established in 2005 by a man going by the name Curtis C. Green. Do you remember chronicpain mentioned on Silk Road he used to own a transportation service company? Yes spot on
  • Other searches link the nickname pokergooch to a person named Curtis Green.

510  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Dead? on: November 03, 2013, 05:52:46 PM
I dont believe Satoshi is one person.

Who would not spend at least some coins now when you have so many?



But wouldn't the chances of spending some of them increase with more owners?  They did not have multi-signing then.

511  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Dead? on: November 03, 2013, 05:32:45 PM
I'm not sure that; is there a satoshi? or is it a software company etc?

That would make sense. Like Lemony Snicket.

Or Jiminy Cricket
http://www.phrases.org.uk/meanings/minced-oath.html

Quote
The name Lemony Snicket originally came from research for Handler's first book, The Basic Eight. Handler wanted to receive material from organizations that he found "offensive or funny", but did not want to use his real name, and invented "Lemony Snicket" as a pseudonym. The name's similarity to Jiminy Cricket, whom Handler described as "exactly the kind of overly moralistic, cheerful narrator who I despise", was "likely a Freudian slip".
.
512  Bitcoin / Bitcoin Discussion / Re: advocacy versus etiquette on: November 03, 2013, 05:28:42 PM

Waiter.  Here is your tip.


513  Bitcoin / Bitcoin Discussion / Name and Photo of "The Employee" of Silk Road Posted on: November 02, 2013, 09:40:39 PM
Very convincing evidence on the identity of the fake assassination victim.

http://antilop.cc/sr/
514  Bitcoin / Hardware wallets / Re: Let There Be Dark! Bitcoin Dark Wallet on: October 31, 2013, 09:09:55 PM
Which comes first?

  • Donating $50,000
  • Finding out what it is and how it is supposed to work
515  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: October 31, 2013, 01:56:43 AM
It is easy to split Bitcoin addresses with a large balance into multiple addresses with smaller balances.

But it does require that you:
  • be alive
  • still have the private key
  • not be in jail
  • want to do it

Then you will not show up on lists like these.
516  Bitcoin / Bitcoin Discussion / Re: What literature to include for master thesis about Bitcoin? on: October 31, 2013, 12:14:37 AM
Luckily Indians with PhD's in English cost 5-10$ an hour, so they can fix all that spelling/grammar stuff! :-D

Sir,

That is funny.

517  Bitcoin / Bitcoin Discussion / Re: What literature to include for master thesis about Bitcoin? on: October 30, 2013, 08:23:55 PM
OK

Best wishes and good luck.   Smiley
518  Bitcoin / Bitcoin Discussion / Re: Best storage medium for archive/archival long term storage? on: October 30, 2013, 08:18:33 PM
Paper

Stone

Concrete

519  Bitcoin / Bitcoin Discussion / Re: What litterature to include for master thesis about Bitcoin? on: October 30, 2013, 08:14:33 PM
How many times can a person spell literature incorrectly in a post about a master thesis?


During the next six months, I am going to make a master thesis about Bitcoin.

Currently my working title is "Bitcoin as a disruptive technology". My main hypothesis is Bitcoin is changing the value chain in finance, which basically means huge disruptions can, and probably will, happen.

However, I would love to hear YOUR thoughts! I need a shitload of litterature, and I am currently collecting that. So far I've basically taken all the top 10 papers on Google Scholar about Bitcoin (the official paper, two Bitcoins at the price of one, how to make Bitcoin a better currency) and some others.

I am not trying to cover Bitcoin from a technical angle (besides 5-10 pages which is necessary to understand its implications), but from a business+society angle.

- What litterature would you include? Any ideas is MUCH welcome and appreciated Smiley
520  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: October 30, 2013, 07:11:24 PM
Greed, for lack of a better word, is good.

https://www.youtube.com/watch?v=R8y6DJAeolo

Quote
The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.
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