There is obviously a race to ASICs with potentially valuable bounty at the end of the rainbow. Could you comment on what steps have been taken by Bitfountain to ensure security and integrity of their designs?
I am not going to publicly state the information I know, but I can tell you this: that isn't an issue. Maybe it is in the best interest of everyone to not be updated publicly or at all until the ASICs are happily hashing away BFL isn't saying anything until they have a product and we wouldn't want them rushing out their products (even far below spec) because they read in some thread on some forum that ASICMINER was 3 weeks from mining and producing.... Then again: I would like to know there's actually some progress being made... maybe that could be the role of the board-members It is 1 thing to trust the people behind ASICMINER whom I have never met/seen (I'm not saying I don't trust you !!!), but it would instil more trust if a couple of the more noticeable board members tell us everything is going as hoped, without giving away any timelines... I gotta think about this further.... |
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Helpful
Now you sound like pirate: you write something, but it isn't at all clear lol Care to elaborate  |
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Coins sent to Graet.
I see them  |
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50 BTC offered to DutchBrat and accepted.
Graet will act as escrow
DutchBrat to cover shipping and any escrow fees.
Shipping to Chicago.
Witnessed Thanks Abracadabra |
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I have the following GPUs for sale: 1 XFX Radeon HD5830 2 Sapphire HD5830 2 ASUS HD6950 ( unlocked locked shaders, never tried to either) They have all been mining for just over a year (bought them July 2011, stooped mining 1st week of August this year) and all of them are still working I'm looking to sell them as a package, not one by one (shipping costs) For the BTC equivalent of $ 550 they can be yours, S&H will be paid by me (unless I have to ship them to a country I have never heard of, then I have to look into the shipping rates first  ) I have NO OTC rating as this is my first deal ever, so I will do escrow edit: how can my 6950s be unlocked when I have never tried unlocking them.... so They are still 6950s with LOCKED shaders |
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For example, if the price of Bitcoin drops to $1 in four months and he pays people back the number of Bitcoins owed, does that count as him paying back?
300 BTC owed is 300 BTC owed.... No matter what the fiat exchange rate... I thought people wanted BitCoin to succeed as an alternative to fiat not just as another exchange-rate gambling mechanism... I am sadly mistaken... I think you missed his point. The point is that you either think A) Pirate is an upstanding member of the community who is experiencing cash-flow problems but will do his utmost to pay everyone back or B) you think that he ran a ponzi scheme and that he will pay you back as little as possible If A) then you have nothing to worry about, sit back and relax If B) then everyone must try to maximize their return.... You have to be happy with anything you get back... if that takes giving him some info for whatever strange reason then do so, if you don't feel comfortable, then don't.... It's a ponzi so you don't have any expectations or rights to get your money back... Holding out on giving him any info he requests is not putting the pressure on him.... he will be long gone or lawyered up.... As I have posted before... he would be a pretty stupid ponzi scheme operator if he hadn't planned out his exit long ago It's either A) or B) ; There's no grey in between where he is a bit honest and a bit ponzi |
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For example, if the price of Bitcoin drops to $1 in four months and he pays people back the number of Bitcoins owed, does that count as him paying back?
300 BTC owed is 300 BTC owed.... No matter what the fiat exchange rate... I thought people wanted BitCoin to succeed as an alternative to fiat not just as another exchange-rate gambling mechanism... I am sadly mistaken... |
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Is it still thursday in some part of the world, or is it pretty definitely friday?
Question is not when Friday begins but when it ends.... |
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By the way, here is another very simple hypothesis on why the pirate asked for information on each single secondary account.
He gains another couple of days by stating that he has already begun paying out. Since nobody knows whom he has ostensibly paid, it will take another couple of days until people find out that nobody has been paid. Until then apparently many people will have heightened hopes that they will, in due time, be paid.
It is this "due time" he is after. He gets that much more time to cover his tracks and become invisible. He can that more leisurely perform his departure.
He must be a really stupid ponzi-scheme operator if he has to plan his exit after his scheme collapses Most design their ponzi around their exit strategy, not after it collapses ! |
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how about the people who choose to, do, and those who don't want to, don't
That doesn't work. It breaches the pooling agreement. Say you turn over your details and I don't. That enables Pirate to make a private payment to you, defrauding me out of the share of that payment that I was entitled to under the pooling agreement. (Remember, the original agreement was that payments on all of the debt would be made according to the rules of the pool.) If a pass through operator facilitates this, he's breached the agreement. Perhaps operators can find some way to ensure this doesn't happen. But until they do, I don't think they can pass anyone's information on to Pirate. What if Pirate has one-sidedly decided to NOT pay any PPTs Then under the pooling agreement you are entitled to nothing so no-one is defrauded if Hashking gives out some ones info To be clear, I have no BTC in Hashkin's passthrough, but I do have BTC with BitcoinMax and we have the same problem there |
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What will be interesting now is what he does with what he believes to be profits from an illegal venture.
Note that Sept. 9th is "sometime in September" Anyone wanna make a bet?  What is sept 9? I think we've had enough of the scams, tricks, lies, thieving, etc, and I'm glad my bet has already served many of it's multiple purposes. Can't wait until September 9th.
Matt's bet resolves. 'Dissolves'  |
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Looks like pirate has added a script to IRC:
<@Pirateat40> Total Accounts Repaid: 22/459 (Subject to require information)
Make of that what you will.
Question is: how can there be 459 accounts if there are already close at 300 at BitcoinMax ? Or will his counter go up if/when the PPT owners give them the "sub"-accounts ? I'm fairly sure BitcoinMax account are not, strictly speaking, BST accounts. Accounts with Pirate require a much higher amount of BTC. All of us investing with payb.tc act as one account, if I understand correctly. That is what I meant; so there must 459 direct accounts with Pirate.... |
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Looks like pirate has added a script to IRC:
<@Pirateat40> Total Accounts Repaid: 22/459 (Subject to require information)
Make of that what you will.
Question is: how can there be 459 accounts if there are already close at 300 at BitcoinMax ? Or will his counter go up if/when the PPT owners give them the "sub"-accounts ? |
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Thanks ErebusBat. Who knows if anything will come of this, but I suppose it's worth a try.
Exactly.... I don't know either. But at least it is something. Submitted +1 |
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In truth, Payb.tc is the only "account" of BCS&T, and therefore is owed the entire amount. I'm not sure how I feel about pirate getting your entire customer list, with bitcoin addresses and email addresses.
Where do people get the idea that their email address will be required ? Quote from pirate: At his time, all Pirate Pass-Thru operators are required to submit a list of their sub-accounts including; balance, forum / IRC name (or any other way of linking and confirming the account) and Bitcoin withdraw address. Seeing as all users of BitcoinMax had to have a forum-account there's no need to provide anything but forum-name for whatever identification is 'needed' |
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GLBSE resets the session ID after login which prevents session fixation. We only whitelist certain html elements for PM's and contracts so no XSS, and we use SSL so no man in the middle session sniffing attacks. Session ID's are not predictable or unencrypted.
I don't know exactly what you mean by this, but I have Google 2FA installed. When I log in on GLBSE en close the tab without logging out, I can re-open GLBSE after a few hours and it will come back up with me logged in, so I don't have to re-login I do leave other tabs in my google chrome open, so I never close chrome completely FYI |
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payb.tc you can go ahead and pass on my info to pirateat40. i dont have any problems with that.
same here but i would really appreciate a statement from payb.tc +1 & +1 |
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Friedcat, is it possible to provide a timeline or a line without time of what is to happen next ? Thanks |
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How does this give a 3000+ dollar debt to the issuer? Wouldn't they be ambivalent to share sales not involving them?
The transaction between myself and friedcat hadn't been finalized. Sorry to hear !!!  |
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