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It's not that I'm a miser that likes papers with heads of dead presidents, I would gladly pay if I knew that the funds were flowing towards education, health care systems, bettering the infrastructure for the future generations or even supporting the weaker demographic, but it's not, all of that money goes to killing people, killing babies, making peoples lives miserable and generally supporting an Orwellian-totalitarian state while waging war across the globe to support the corporations, the greedy military industrial complex selling weapons to both sides through it's freelancers etc.
Do you think Bitcoin will change that? Will it put the governments on a diet?
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Instead of bashing a site that have served the community so well, to bring bitcoins from cents to dollar parity, and to where it is today
If this weren't so stupid it would be just a plain lie. Listen here: what MtGox did for the community is deny and ignore reports about their security being poor for two weeks before being actually hacked, which nearly destroyed Bitcoin. That going from 30 to 0 did not destroy it is a testament to the power and worth of everyone else. What MtGox did do is pose the largest threat to Bitcoin's existence, unsurpassed in the entire interval and likely to never be surpassed. After that what they did was ignore requests from the community to fix their engine, which to this day consists mostly of lag, alongside a litany of other perfectly legitimate requests I'm not going to bother to list for your noobish benefit. All the while they sucked millions of dollars from the same community in fees, which they have utterly squandered. MtGox is the enemy of Bitcoin. More so than any state and more so than any government, more so than any one person, MtGox is the one thing that is Bad For Bitcoin. I think we are all well aware of the problem but can you discuss a solution? Can you propose any approach we might take towards establishing a decentralized secure exchange? Also, Britney Spears, the Mt. Gox employee: http://www.youtube.com/watch?v=CduA0TULnow |
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A wise person taught me something a long time ago... and it stuck.
Locks only keep HONEST PEOPLE HONEST.
A thief will break any lock they know how to... even if there is not anything to take sometimes... just for the lulz.
As for the encryption by default argument, I suspect we would have 100X the "I can't get into my wallet anymore I lost my password" threads than we do now. The bank REQUIRES a PIN or passcode because THEY ARE THE INTERMEDIARY WHO STORES YOUR FUNDS... in Bitcoin there is no intermediary... YOU ARE THE BANK THEREFORE IT IS YOUR RESPONSIBILITY TO USE THE TOOLS YOU HAVE BEEN PROVIDED... i.e. use encryption, follow the tutorial for offline wallets and for god sake join the 201X's and L2 keep your PC safe... not a hard concept... just requires a little reading and effort.
If my 55 yr old mother can pick up a computer for the first time 5 yrs ago and teach her self how you use the internet, webmail, antivirus and antimalware programs, social media and online banking... the rest of us under 30 have no excuse.
In some Arabic countries where Sharia law is present they will chop off body parts of thieves, so gold store owners can leave the store open while they attend their daily prayers without being afraid. my 2 cents |
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or put another way, do we really need them?
How far away is a life when all you need to pay for stuff is a smartphone with some btc in?
With smartphones batteries being depleted faster and faster every year as they add a bunch of neons to it I doubt it will be viable. |
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Is there any option to set the timeout for a transaction (to delete it) after a certain period of being stuck at 0 confirmations?
It would be really nice because then "frozen" coins would be freed automatically if you are signing a transaction to friend B with the input of a not-so-trustworthy friend A.
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On the server I used for testing, in my bitcoin.conf: walletnotify=/home/btcdev/walletnotify.sh %s
blocknotify=/home/btcdev/blocknotify.sh %s
The %s in the command line gets replaced with the (ASCII) hex string of the transaction hash, just like -blocknotify replaces it with the block hash. And the program can be as simple or as complicated as you like. Here is a simple shell script: #!/bin/bash
F=/home/btcdev/wallet_transaction_log
D=`date +"%Y%m%d%H%M%S"`
echo ${D} - ${1} >> ${F}
which gives lines like: 20130513123015 - 6fa6c8ff08f122327b7a0a329d7632f243038f0fc96cce1248cb4948d0509ecf
You aren't limited to shell scripts, of course. A pipe would have been better, but they aren't portable. Even if we had been willing to limit it to just UNIX-ish systems, there would have been horrible locking problems, and these notices simply weren't worth the effort to work around them*. If you want similar behavior, you can fake a pipe with netcat, so that you could have a long running service that accepts TCP connections from localhost, and just call netcat to dump the txid to that socket. * Did you know that named pipes can stall in both directions, potentially DOSing one of the client threads? There are ways around it, of course, but you have to throw out a lot of the abstractions, so there would have been a very un-C++ chunk of code in the bitcoin client, just for dealing with the pipes. At least that was how it looked to me when I was researching it. I don't do much with C++, so I'm hoping that someone in the audience is more skilled than I am, and will read this and say "You dumbass, why didn't you just do X?", or even better, rewrite it for me.  So basically, I can write a quick C# app to send a udp packet to the local host and listen there with the server. I am wondering what is the DDoS potential of such an attack? |
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2013.
People still taking Ripple seriously.
Lolwut.
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Cron job lol, it's subbitcoin level security that might fly with Paypal or banks that don't care that their accounts with tens of thousands of dollars are being sold for 100 bucks on the darknet...
I've read this four times now, and I still don't know what you are trying to say. Nevermind, can you please provide a sample of setting up walletnotify to execute an app? |
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If you are talking about the -walletnotify config option in 0.8.2rc1, it works exactly like -blocknotify. You specify the path to a program to be run.
The program will be run with a single argument (the transaction hash) when a new transaction hits your wallet. Actually, it will run once or twice per transaction. First time will be if you receive that transaction as a transaction, and the second time when you receive it as part of a block.
That program can be a script that uses some other tool (curl, wget, whatever) to issue a call out to an external webservice, or it can do whatever you need directly (update a database, logfile, etc).
If you are a high volume site that gets lots of transactions, you may need to be careful with it. It can spawn a lot of new processes, so you should make your script fast and simple. Just dump the txhash to a journal file (or table) and exit, for example, with a cron job to come around later to collect and process them in batches.
People were looking for a simple way to track incoming transactions, and this was the easiest way to do it. It has some quirks, but it is still vastly superior to the hacks people were having to use before.
Cron job lol, it's subbitcoin level security that might fly with Paypal or banks that don't care that their accounts with tens of thousands of dollars are being sold for 100 bucks on the darknet... |
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How do you post or get using walletnotify?
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So i have this idea that i believe is a very good idea. I would like to create a very simple web page which will allow users to generate a forwarding address that will receive litecoins output bitcoins to a specified address but i lack the technical skills to create something like this myself. If there is anyone who is well trusted in this community who has the appropriate skill set, i might consider employing you. I know its a long shot but what the hell, it cant hurt to ask.
thanks to all who took the time to look at this =)
I am also looking for this, I am wondering whether it's possible to implement some sort of callback? Checking every 0.5 sec with json rpc wouldn't cut it. |
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don't get me wrong, I understand how gambling works, but aren't certain transactions on satoshidice internal? I wish I had a link to the conversation, but I heard that they plant a certain amount of bets against themselves, again, why, I don't know... anyway, it wasn't me who won, so who cares?
The "why" question is easy to answer. SDice pays the profit to their shareholders. Now when they play internally and win they remove profit of the shareholders and increase their own profit. And winning would be easy because they know the daily secret. Not saying that they actually do it though. From last time I read how SatoshiDice works, I remember that it would be easy to win only if /both/ knowing the daily secret and also the transaction id were known before sending the bet. Can you know (or guess with certain accuracy) what will be transaction id before sending it through the network ? Yes you can submit bets systematically, not discrediting them in public, just saying that as a community we should all come to the realization of the flaws and improve upon them instead of burying it together with the shareholders... SatoshiDice can also potentially steal from the players despite them claiming "provably fair", IT IS provably fair when you don't take delayed bets into account which do happen, sometimes up to 48 hours, which then gives them the opportunity to generate a secret of the day which is most beneficial to the house. |
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Wasn't that when all the hacked accounts showed up? Daniel gtfo please, grow out of the acne phrase of your teenage years, then come here okay? |
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I'm a 2011 member, already done this before, not a scammer, deff not a scammer for 50 freaking bucks.
Yes, you ARE a scammer. New(ish) member. Check! Asking for PayPal trade. Check! 2011 member that magically comes back. Check! "I'M NOT ASCAMMERISWEAR!!!!1!!11oneone!!11!" Check! You are a tool that posts useless posts, don't see how that makes you more credible than anyone else here. Since you have no real knowledge to share, I have registered one month after you (meaning your account is one month older than mine) and obviously posses virtually no intellect so how about you stfu. Don't be pissed because someone fucked you over, people can think for themselves. |
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You forgot to mention the 30 btc sign-up charge to use MPEx.
There is nothing wrong with the html on MPEx, the choice to not use fancy css is just a style preference of the guy who made it. It is meant to be functional, efficient, reliable, etc.; it is designed for function not form.
Between BitFunder and Btct, I prefer btct. You say the design is bad and hard to navigate, I think the design is just fine, he has put many function in at the request of people who actually use the site. Specifically, I like the charts better on BTCT, and they send out email notifications when orders are filled or when you receive dividends.
If you want to see the difference between the two platforms, consider the pass-throughs to S.BITBET, which is traded on MPEx. There are equivalent pass-throughs on bitfunder and btct.co, but the price is much lower on bitfunder because there just isn't as much volume there.
And it is not clear what you mean by 'normal'? What are you defining as normal?
Not f-d up in some stupid way |
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What alternatives are out there and what are the cons/pros? This is my humble opinion I am wondering which is the best/most secure one as of the moment? BTCT-Legally registered in Belize which actually might be bad -Founders are trying to escape liability by claiming "Virtual goods utilized on this site are for entertainment and educational purposes only." -Could potentially cause a loss of funds and it would be hard to make a case -Design is bad and hard to navigate MPEX-Owner seems to be not the brightest and a loose cannon -3rd graders HTML BitFunder-Lowest 24h trade volume? -The only normal one? Are there any cons I'm missing with bitfunder? |
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I'm a 2011 member, already done this before, not a scammer, deff not a scammer for 50 freaking bucks.
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they must be pretty desperate for that extra 0.089%!!!  Well, the house edge is 1.9% so it's an extra 0.189%... one could separate the sum of money he would like to launder into dozens of even amounts (mix them beforehand for added security?) then submit them systematically on a low chance winning bet since statistically you would win every X amount of bets, then when the question arises where that individual has received the funds he could confidently claim that he had won all of them while not mentioning all (or most) of the losing bets and mentioning all the winning bets of course. Seems like a lot of steps to go to but I guess that could work. They may have published the hashes but they haven't published the secrets which look like this: P2BhTxFmqnRtmjAFM3nWGdOAuHNvDv9YBazK7jpiXIhdMtCyLapmiJwLL6QV1cCF meaning they have quite a lot of combinations to run through to get the most beneficial result for the house. they must be pretty desperate for that extra 0.089%!!! Well, the house edge is 1.9% so it's an extra 0.189%... one could separate the sum of money he would like to launder into dozens of even amounts (mix them beforehand for added security?) then submit them systematically on a low chance winning bet since statistically you would win every X amount of bets, then when the question arises where that individual has received the funds he could confidently claim that he had won all of them while not mentioning all (or most) of the losing bets and mentioning all the winning bets of course. Seems like a lot of steps to go to but I guess that could work. Still, that's only a 10% increase in profit, for the risk of having their scam exposed to the world? It's not worth it, is it? It does seem like a lot though.. in my experience, after many many online poker hands, actual statistics always reflect the odds with much more accuracy when you get up to 10,000 hands. And how many satoshi bets have there been? damn.. come to think about it, 0.189% is quite a bit.. Still, when you add time into the equation you can then establish that it isn't really mathematically proven/honest (what I have come to realize)(citation needed) |
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Whats also interesting is that they claim "fair play" yet they sometimes delay payouts up to 48 hours which then gives them the option of bruteforcing different secret phrases for the maximum profit to the house. Also one could easily launder money if one was inclined enough.
Their daily secrets are hashed with sha256. That's currently thought to be impossible to find collision for. The 48 hour delay is irrelevant. They've published the hashes of the secrets they'll use for the next 10 years. They could start working today on finding an hash collision for the secret they'll use in a year's time. But they'll have to use the same fake secret for every bet they process on that day, and due to the large number of bets they get both the real and the fake secret will likely give them something like 1.9% profits on the day. Not that they can find such collisions anyway. If they could, they could easily just steal your bitcoins by making a private key whose public key hashes to the same as yours, and then spend directly from your wallet. ie. they can't. And as for money laundering, satoshi dice is terrible for that. Every amount you win has your original bet as one of its inputs. So every payout is tied directly to the bet. That makes it the worst possible site to use for laundering. If you want to launder bitcoins just send them to mtgox and then withdraw them again. Nobody but mtgox themselves will be able to tie your deposit to your withdrawal, especially if you make the amounts different. Deposit 10 BTC and withdraw 4.5 and 5.2 BTC say, on different days. So far you've raised 3 separate and easily disproved complaints against satoshi dice. What's your agenda here? Just curious, no agenda, not trying to disprove them in public they are pretty cool. However the fact that most people think that they are so bad for laundering is what makes them so great for laundering, one could separate the sum of money he would like to launder into dozens of even amounts (mix them beforehand for added security?) then submit them systematically on a low chance winning bet since statistically you would win every X amount of bets, then when the question arises where that individual has received the funds he could confidently claim that he had won all of them while not mentioning all (or most) of the losing bets and mentioning all the winning bets of course. Then would both render the coins origin as explainable (e.g. one could claim to be a professional player or a genius mathematician after prolonged use) and untraceable to the real origin. |
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