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501  Economy / Exchanges / Re: BTC-e Legal action. on: July 29, 2017, 10:38:43 AM
Ok though about this a bit, what we can do, and it will be relatively inexpensive, is an injunction against any auctions by the US govt on the grounds that a portion of those coins are not theirs.

This will I think, force the govt to negotiate a percentage of any seized funds as returnable to the proper owners. Also it may force them to release any data, or at least release for in confidence, to establish what is exactly their. either way we can probably keep the money/coins tied up for a while.

This is probably the simplest way.
502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 29, 2017, 08:59:03 AM
whats the chance this airdrop is a scam to collect signed info, for some sort of hack....i know ecsda still protects your BTC, but still.....

you lose the SHA256, and RIPEMD160 protections for that address, now only having  ECDSA.

There must always be a risk for any action.....

sure you could move your coins just before and after the snap shot, but  I would expect they are ready for that.

Also who really wants to crack open cold storage? Then have to move that all around....
503  Economy / Exchanges / Re: BTC-e Legal action. on: July 29, 2017, 08:48:30 AM
Any other lawyers or individuals interested in undertaking a legal action against to try an seek redress for you BTC-e losses or otherwise, post here.

I am suggesting an ETH ICO to fund this.

Undertaking legal action ... against the US authorities? Good luck. An ETH ICO could actually potentially provide a lot of funding (given how people will still throw ridiculous amounts of money into any ICO at this point). But taking on the feds?

This, unfortunately, isn't like offering online gambling from Antigua. Money laundering is apparently taken much more seriously, and given that BTC-E had no mandatory KYC, they probably shouldn't have openly accepted US residents. Pigs, man. Undecided


we can still SUE the US gov for acting in away that has caused us Loss,. I know how hard this is, but still its worth  shot. Eg if the police smash your house down to get at a bad guy, they can pay for it.

I am sure they will have some sort of legislation that says no we don't have to pay, but it may depend on other options.

504  Economy / Exchanges / Re: BTC-E.com will be back on: July 29, 2017, 03:29:32 AM
I know it maybe wishful thinking, but, perhaps the BTC-e opps were smart enough to have back ups in case they got shut down.

when I dealth with them, it was always flawless and they had a really robust operation.

They don't seem like the kind of operation that did not have contingencies.

The question now is, even if they have some coins are they at all motivated to put up any kind of facility to let you get your coins back?

505  Economy / Exchanges / BTC-e Legal action. on: July 29, 2017, 01:59:46 AM
Any other lawyers or individuals interested in undertaking a legal action against to try an seek redress for you BTC-e losses or otherwise, post here.

I am suggesting an ETH ICO to fund this.
506  Economy / Exchanges / Re: BTC-e hacked ?? on: July 29, 2017, 01:40:27 AM
I stay ANON

Well, the last guy who said this is charged with laundering $4 billion. So I doubt this is a good start.  Grin

Yeah good point... I am undecided the best way to do this.
507  Economy / Exchanges / Re: BTC-e hacked ?? on: July 29, 2017, 01:38:32 AM

If US prosecutors can prove that Alex got those stolen money directly from that hacker and if Alex used those those coins for BTC-e client withdrawals or to trade them into any exchange, it is then over for him. Any prosecutor will not start operation unless they have strong evidences. Well, Alex is not into chemical weapons business anyway as one another guy was falsely labeled and executed without evidences.


In the US Bitcoin is not money.
If they are going to charge with money laundering they have to talk about the flow of fiat currencies specifically $US


"We will hold accountable foreign-located money transmitters, including virtual currency exchangers, that do business in the United States when they willfully violate U.S. AML laws."

translation:
No matter where you are, where you're from, what you trade; we are coming for you and you will go to jail.

yeah and what about all those people not in the USA and not US Citz, and trading with BTC-e also not in the US, the US has not truck with them, or jurisdiction. Sure take your portion but not ours.
508  Economy / Exchanges / Re: BTC-e hacked ?? on: July 29, 2017, 01:31:48 AM
I'm drunk at the moment but I'd like to emphasize that the fine enforced by DOJ is a fucking joke. If you have any understanding how international civil law works you can basically wipe your ass with the fine.

Worst case scenario is that it would stretch into a fucking long (years) proceedings. US has no jurisdiction to enforce that fine unless another extraterrestrial state beforehand has agreed upon to enforce such fines.

It will be a long and heavy process for US Officials to enforce this fine.

As a lawyer I suggest neglecting this and denying US ip adress access to btce, and all thereafter is lawful. Should any US citizen use VPN or other measures to reach btce, it's beyond the control of btce.

Should any btce admin or owner wish to talk about all this I am more than willing to do so.

Good point (I am also a lawyer).

I think we could start a quasi~class action to recover our funds or at least give them a legal headache. Perhaps we should have a eth token sale to raise funds to purse them, eg if people put in equivalent 5% or their BTC losses into the ICO then the it may be more likely to recover, even 1% would probably x -million at this point.

The US has to realise that as far as non US citizens dealing merely dealing in tokens they should not be penalized. Eg just becuase I stand in a room and the people running the room maybe be doing something else, does not touch on my ownership of my property, particularly when the I and the part of the room I am standing in are not subject to US jurisdiction.

They need to know they cannot SMASH and Grab what is beyond their legal borders. Take what is due to them under the limit of their laws only.


If you are what you are and can proof it, then do it, setup an trustworthy crowdfunding and do something. I will jump in for sure.

I Can prove who I am, no worries, but I have to be upfront about the outcomes::and a few other issues::

I like to be this way because I do not want to over promise, an communicate about my reasons. 

[1] I expect we will cause them a massive headache, and next time they do this they will have to think serious about sequestering funds in the future, when they take down exchange - x

[2] I suspect that who ever is seizing the servers/data, will try and get the private keys themselves by any means possible, and will be long gone by the time the court process winds up.

[3] I expect a lot of it will make it's way to individual FBI officers personal money or similar. Which may work in out favor in some ways.

[4] I suspect this is exactly what happened in the "satoshi" guy in Australian, the Australian fed police turned up the next day, and I am sure a few fed officers now hold significant BTC.

[5] I do expect we will need to explore several legal actions / options, and this will take some thorough legal analysis.

[6] To do this we will need a good US based law firm, or persons of out choice and vet them well.

[7] It maybe better that we do this in the following manner. I stay ANON, but publicly engage various law firms etc. I am open to various views on the best way to structure this. Say we collect an ICO it eth, we can engage the US law firms in eth to do the parcels of work. I can see benefits to being ANON and public.

[8] We need to set up the ICO so it is un impeachable under US-transmitter laws etc.

[9] There going to be a considerable back end to this, eg collecting and to the level of proof any claimants for their crypto as a lost of scammers will appear.

[10] Lets get the bastards. And I fucking will.

509  Economy / Exchanges / Re: BTC-e hacked ?? on: July 29, 2017, 12:56:06 AM
I'm drunk at the moment but I'd like to emphasize that the fine enforced by DOJ is a fucking joke. If you have any understanding how international civil law works you can basically wipe your ass with the fine.

Worst case scenario is that it would stretch into a fucking long (years) proceedings. US has no jurisdiction to enforce that fine unless another extraterrestrial state beforehand has agreed upon to enforce such fines.

It will be a long and heavy process for US Officials to enforce this fine.

As a lawyer I suggest neglecting this and denying US ip adress access to btce, and all thereafter is lawful. Should any US citizen use VPN or other measures to reach btce, it's beyond the control of btce.

Should any btce admin or owner wish to talk about all this I am more than willing to do so.

Good point (I am also a lawyer).

I think we could start a quasi~class action to recover our funds or at least give them a legal headache. Perhaps we should have a eth token sale to raise funds to purse them, eg if people put in equivalent 5% or their BTC losses into the ICO then the it may be more likely to recover, even 1% would probably x -million at this point.

The US has to realise that as far as non US citizens dealing merely dealing in tokens they should not be penalized. Eg just becuase I stand in a room and the people running the room maybe be doing something else, does not touch on my ownership of my property, particularly when the I and the part of the room I am standing in are not subject to US jurisdiction.

They need to know they cannot SMASH and Grab what is beyond their legal borders. Take what is due to them under the limit of their laws only.
510  Economy / Exchanges / Re: BTC-e hacked ?? on: July 29, 2017, 12:31:55 AM

If they Fed's have it, that could be a different story, but if that's the case, why did someone take the time to replace the cloudflare page with an official looking "Down for maintenance" page? If they FBI took it down, they usually like to brag about it.

FBI haven't found the servers probably, yet. They only got one admin. They'll make him squeal. That's very easy. 2 choices.

1-Alex tells them everything, he stays in jail for the rest of his life.
2-Alex tells them nothing, he still goes to jail but he'll get some extra there;)

It's only a matter of time now.

One wonders if Alex has many more dangerous people to fear than the US gov/FBI if he does tell them.

If he does not he may find himself or significant others very well looked after
511  Bitcoin / Development & Technical Discussion / if I sign a message with a private key, SHA256, and RIPEMD160 protection lost? on: July 28, 2017, 11:29:14 PM
if I sign a message with a private key is SHA256, and RIPEMD160 protection lost for that address?
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 28, 2017, 12:31:55 PM
 my "linked Byteball address".....dcdcdxxx......", does not seem to be in my wallet?Huh?

how do control or access this address?

I sent a small amount of test bytes to it and it did not turn up as part of my balance....


513  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash: A fork is coming after all on: July 28, 2017, 01:28:06 AM
can anyone explain to me if i have my bitcoin on coinbase which wallet i should move it to so i can go through this split smoothly?

if you want to be on both chains, no questions, you must control the private keys to whatever address you BTC is held on.

.....I would not any more than 5%~10% of your coins on exchanges at any time.
514  Bitcoin / Bitcoin Discussion / Re: Howard Marks Calls Bitcoin "A Pyramid Scheme" on: July 28, 2017, 12:59:56 AM
even if it was (and its not) its >>> than the pyramid scheme than FIAT, as you can just keep printing FIAT.

 Grin It hurts me to say it but fiat has a value. If you don't get hold of some to at least pay your taxes you'll end up in court :/
I agree FIAT has value as it can bring capital and labour together to produce.

However that value has become delinked to face value, as the banksters have a monopoly, and perhaps a natural monopoly due to the need for regulation is system so open to abuse.

This has however lead to the situation where the money printing has happened without bound, thus evaporate you buying power, and increasing their share.

BTC now offers a massive alternative.
515  Bitcoin / Bitcoin Discussion / Re: Howard Marks Calls Bitcoin "A Pyramid Scheme" on: July 28, 2017, 12:29:26 AM
even if it was (and its not) its >>> than the pyramid scheme than FIAT, as you can just keep printing FIAT.


sure new money coming in is effectively giving some value over to earlier entrants, but earlier entrants had to take a lot more risks, and the cost of holding for many years.

btc is among other things about locking value at a point in time.

In fiat or other form wealth you are subject to govs policy changes, laws, tax changes etc etc.

That said in BTC you can be subject to scaling debates, and GOX events.

All prior forms of wealth could be taken by force, btc requires reason (if its done right)

BTC also forces trust, it forces you to trust it, if you do not you will be arbitraged to zero, as your FIAT in printed out of existence.

516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia on: July 27, 2017, 01:13:13 AM
So this is a neo-premine via, front loading block rewards.....noice.

massive hash from dev at friends at beginning.....noice

a smoother coin release would have made this more .... noice

517  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 26, 2017, 09:32:26 AM
nope, not has been isnta rich from btc they have all waited years, put effort in to get store, learn, and hodl. Watch ther money burn and still hodl.

Eg buy in at 20$ in 2011, watch it drop back to $2.

the $20 buy in that held until now?Huh??



518  Other / Politics & Society / Re: Mark Zuckerberg: Free Money for Everyone on: July 26, 2017, 02:57:55 AM
The real value in UBIs is the freedom it gives to people who really want to focus on their passion. These people will finally have the chance to chase what they care about, instead of having to chase paychecks for survival. This will ultimately benefit society as a whole, since some of them will go on to create great things.

That is the problem. If my passion is for staying at home and having sex all day, then why the other tax payers subsidize my passion? This is never going to work. UBI, if implemented will wreck the economy.

I would pay large segments of gov workers, they same they get now to stay at home all day, or at least not go to work as they would consume less, use up less and cause much much less allocations of value
519  Other / Politics & Society / Re: Mark Zuckerberg: Free Money for Everyone on: July 26, 2017, 12:14:42 AM
good guy. It's about not letting the poor suffer .
Helping the poor is fine, but we shouldn't try to support them indefinitely. This kills the whole idea of help. When you see a beggar, you can buy him a meal or if you're really generous rent him a room, so he can clean himself and spend a night in a bed like he should, but you don't invite him to your home telling he can stay as long as he likes.
Welfare should exist, but only to give people a chance to start being independent and finding a way to support themselves.

Right!


let me fix this for you
Give a guy a fish and feed him for a day.
Teach a guy to fish and feed him for a lifetime.


The problem is that a lot of these welfare jokers like the welfare, and won't fish even when they know how. How can you tell? Just look at how many of them are fighting Trump... Trump who wants to bring jobs back to America. Those jokers would rather sit around on welfare than work to support themselves.

Get rid of welfare. Get rid of the banking system which is screwing us all with inflation. Make people work for a living, or starve.

Cool




let me fix this for you
Give a guy a fish and feed him for a day.
Teach a guy to fish,
he gets arrested because he can not afford a license to fish
spend a lifetime in jail.


here's a hint, its all sold off, all land everywhere is owned, most human endeavors are stopped by prohibitive licencing, masquaraded as standards but really supporting monopolistic or rent seeking behavior.



Let me fix this for you.


After they arrest him, they feed him well. And we support it through txes.


Here's a hint. Squat on Federal land. When they arrest you, sue the guy who arrests you, and his bond, for forcibly removing you from your land. Spend 6 hours and watch Karl Lentz at Johnson City - https://www.youtube.com/watch?v=qN3MI70PFBw.

Cool

When the market is a real free market and I can print fiat or issue debt like a bank, thus sending its value to the true value, and umasking all the taxfugees in the gov, alot of academia and other miss alocations allowed by having monopolistic money printing/debt, then they won't even have the money to pay the police to arrest him or enforce so called federal land. Nor will he be able to get tax money, nor will the prison exist, he will have to actually do something of value, and all the others will be gone, probably making it easier for him to do something of value.

Don't get me wrong, fiat is a good idea to bring capital and labour together, but as it turns out or operates in practice it has resulted in huge systemic mis-allocations of value.

520  Bitcoin / Development & Technical Discussion / Re: Merged mining BU, Segwit on: July 26, 2017, 12:02:47 AM
Mining BU you will find BU blocks, you won't find BTC, and the reverse. "Merged mining" is not possible, it's like asking if you can catch freshwater fish and saltwater fish at the same time.

Presumably if the hash algo is the same eg SHA256, then you can use that output where you want, and submit to either chain, while slotting in different blocks, BU and BTC around that result.


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