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541  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: March 21, 2015, 11:27:44 PM
BurtW was arrested on October 14, 2014, and bitmixer's forum auction bid was rejected by theymos without explination on December 7, 2014 (only 3 weeks later). This would fit a timeline of theymos getting some kind of subpoena asking for information about both the bitmixer.io account and the BurtW account, and if bitmixer.io was compromised as part of the arrest, it would fit the rough timeline that it would take for the government to take over the service and familiarize themselves with a good way to track all the coins that pass through it.

Interesting. I wonder if theymos can give us an explanation of his rejection.

Hey theymos are mixers banned from advertising on this forum or were you under pressure to reject that particular ad?
542  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2015, 11:21:37 PM
Ponzi schemes work precisely because of the high returns provided to early investors:

You must be an ultra retard to think that AM was a ponzi scheme. AM only took money from shareholders on IPO while maintaining a higher percentage of shares for themselves. Afterwards AM didn't need any outside money and they were able to operate independently of the share price. How can it be a ponzi if it's not needing new people to pour money into the company?

Can you be more retard than this?
543  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2015, 11:18:45 PM
Good question.  Here are some differences between the HashFast the unsuccessful business, and AM the scam:

1) HF operated in a transparent manner.  We knew the investors' and executives' identities and backgrounds since the beginning.  AM guys hid behind silly fake names like 'FriedCat' and 'BitFountain.'

Hello scammer! This is my reply to another post where you post tons of LIES.

Transparent manner? According to http://hashfast.org/Main_Page#Batch_1_Preorders there was nothing transparent from HashFail. According to this well documented website " Amy Woodward announced a delay of a critical component 3 days before the promised shipping date".

This is what "transparent" means for retard Icebreaker! You can't find out only with 3 days before the shipping date that you are not able to deliver anything. This is an outrageous LIE!

Quote
2) HF operated in the heavily (over)regulated California business climate, and never had any criminal charges brought against it.  OTOH, AM existed in the shadowy world of unregulated BTC securities, in the wild-west environment of China's 'mixed capitalism.'

Did anyone force HF to be incorporated in California? I don't think so.

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3) HF's chip did exactly what it it was supposed to.  AM's chips kept failing to meet spec.

The difference is that AM never took any pre-order money on some advertised specs which never turn out to be true like HF did.

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4) HF told us when and why they suffered delays.  AM was/is nearly completely opaque.

HF announced only 3 days before the shipping date that they can't make it This is useless!

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5) HF went to bankruptcy court, in the normal manner for unsuccessful businesses.  AM is on the run from the law and its customers/investors/wives.

After delivering only ONE batch of miners while they took money for 4 batches! It's a new record in the Bitcoin world and nobody will be able to replicate it.

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6) HF Batch One customers eventually got their ASICs, or refunds.  AMHASH customers are holding empty bags, with no recourse via normal legal means.

This is AM thread, not AMHASH.
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7) When everything went wrong, HF execs stayed around and went to court while the process ran its course.  AM's CEO is hiding on a beach in Thailand or something.

That's because they were smart enough to leak 40-50 millions of $ out of the company while being untouchable.

Funny how you insisted HF was a scam despite having no proof, but make excuses for AM despite overwhelming evidence.

You are a retard! HF WAS A SCAM from day 1 while AM made over 6 time profit for IPO. HF was only able to deliver ONE batch of miners, while AM successfully operated for a couple of years and many investors saw a nice profit from AM shares.
544  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: March 21, 2015, 01:27:20 AM
@zvisha, or @Guy : always wondered why the name squid was chosen

Squid? Maybe this will help you: http://en.wikipedia.org/wiki/Spondulix
545  Bitcoin / Bitcoin Discussion / Re: Block chain size/storage and slow downloads for new users on: March 21, 2015, 12:50:32 AM
How I can get back a lost wallet? Somebodey can help me plss??

Does "Block chain size/storage and slow downloads for new users" sounds like a good place to ask how do you get back a lost wallet? Ask yourself that with loud voice.

Now...What does a lost wallet mean? Are we supposed to guess whatever happened with your wallet? Provide more details maybe...
546  Bitcoin / Bitcoin Discussion / Re: Block chain size/storage and slow downloads for new users on: March 20, 2015, 10:43:33 PM
If you're gonna just go trusting people, then why do you need your transaction on the block chain? The block chain is for when you don't trust anyone. You are arguing in favor of what amounts to security theater. People are worse off if they think simply having a private key is what makes their funds safe. Instead of them trusting a node to relay their petty transactions, they can just as well trust a bitcoin denominated bank to make a promise on their behalf. The banks can then settle balance differences in large chunks on a daily basis, thereby keeping the size of the block chain minimal. In this way, anybody can verify the process with an inexpensive node plugged into their home router. Whereas with your proposal, only a few wealthy people can verify the process despite everyone having access.

You have conceded that the common man will have to trust someone. Please stop with this nonsense that we must also make the block chain impossible for the common man to verify. It is not necessary to have both these results; only one is needed.

Since this is a consensus network used by everyone (big companies along with random private individuals) I think it is obvious to say that the small private user can get along with the consensus trust derived from the fact that those that have a bigger stake into blockchain will not allow history to be re-written. This is how we get to the whitelisted/blacklisted nodes.

I am thinking that BitPay or Coinbase is able to setup various full nodes all over the globe and the small users can whitelist their nodes so that they shouldn't worry that much about the blockchain being altered! In the Bitcoin ecosystem the security is the same for the big companies and for the small individual and a change in the blockchain history would affect both in the same time. The big companies will focus more on the blockchain security since they have much more to lose while the small guys can just leech the blockchain history from them.

I find this to be a very logic and productive way of working with this issue this instead of being a retard and simply banning those that can't afford to run a full node like your boss MP wants to do.

As previously said if you trust Google servers to host your Google Chrome copy then you will definitely trust Exchangers and Payment Processors to have an unaltered blockchain at everyone's disposal.

Uhhh, there is no "full node requirement", there already exist a multitude of lightweight wallets that do not require you to d/l the block chain and there are thousands of trusted places these wallets look to, they're called full nodes; I think you're missing the point.

Pay attention to the full context/discussion please.

I know that there is no "full node requirement", but our friend here danielpbarron who is just Mircea Popescu's obedient dog is saying that anyone that isn't running a full node shouldn't use bitcoin which is utterly stupid and retarded and it will never happen. Here is where the discussion started:

If you aren't running a full node, you aren't using bitcoin! That's not me "forcing" anything; it's just a fact.

He is afraid that the US Government will seize "the whole thing" like he saw in the movies...

I would really like to see Russian nodes being seized by the US Gov. That would be something new.
547  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: March 20, 2015, 10:23:33 PM
I suspect this double post thing is how spammers like RoadStress get their "activity" so high. Since I'm replying to someone else anyway, might as well attach this:

You nailed it!

I am amazed how did you managed to pull one reply without sucking quoting MP.
548  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 20, 2015, 10:18:58 PM
I guess I should have listened to my gut feeling and sold all shares as soon as FC started dicking around with Rockminer and other similar ventures to siphon off profits. I honestly feel this started out as a legit company and investment, but ever since Rockminer, Datatank, AMhash and all the other bullshit, it's quite clear the main focus was not profit for original AM shareholders, but siphoning whatever profits off to other entities.

I have presented this point of view in summer also. I was called various names for this idea. Thanks for proving me right.

Offtopic P.S. Yes yes it's another "I told you so" moment. Move along.
549  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: March 20, 2015, 05:00:33 AM
Each password with any given seed will generate a completely new master public and private keys. Think of it as a completely new tree.

Now I'm a bit confused. I don't get it how master seed+password work. Can I recover coins with master seed if I forget the password?
550  Bitcoin / Bitcoin Discussion / Re: Bitcoin 1400MB Fork on: March 20, 2015, 02:19:06 AM
That's "equal to having" a web browser that you can use to log into your bank's web site. So no, you aren't being "your own bank." You got it very wrong; they don't need to "spend your money" when they can rewrite history so that you never had any. They don't need your private key in order to create fraudulent coin bases that debase the unit of account.

If we can have trusted places where we can download software without the fear of them being infected with viruses/malware then we can have trusted operators/nodes so that some users can use only a lightweight client without burdening them with a full node requirement. You sound like this is something impossible, but it's far from being impossible. What's the use of every user running a full node if they can't trust the place where they download the Bitcoin Core software?

There are many different providers of hosted files and some are trusted (Firefox, Google, Bitcoin.org etc) and some are untrusted. A random invented example would be www.OptimizeMyPC.com that promises to speed up your computer if you download their tool which is filled with malware/trojans.

We can have this with Bitcoin nodes too. This is just another business opportunity and this is very easily doable.

Again nothing constructive from your posts. Just the usual MP quotes and the usual and useless "limiting stuff is better". You have a very limited and pessimistic vision about this whole ecosystem.
551  Bitcoin / Bitcoin Discussion / Re: Block chain size/storage and slow downloads for new users on: March 20, 2015, 02:03:30 AM
The system should be crafted around a mix of security and easy of use.

No; security should be the #1 priority of the network. The "ease of use" side should be provided off the block chain. Those who favor easy over secure can have their cup of punch without there being a turd in the bowl.

If we can have trusted places where we can download software without the fear of them being infected with viruses/malware then we can have trusted operators/nodes so that some users can use only a lightweight client without burdening them with a full node requirement. You sound like this is something impossible, but it's far from being impossible. What's the use of every user running a full node if they can't trust the place where they download the Bitcoin Core software?

There are many different providers of hosted files and some are trusted (Firefox, Google, Bitcoin.org etc) and some are untrusted. A random invented example would be www.OptimizeMyPC.com that promises to speed up your computer if you download their tool which is filled with malware/trojans.

We can have this with Bitcoin nodes too. This is just another business opportunity and this is very easily doable.

Again nothing constructive from your posts. Just the usual MP quotes and the usual and useless "limiting stuff is better". You have a very limited and pessimistic vision about this whole ecosystem.
552  Bitcoin / Bitcoin Discussion / Re: Decentralized and Autonomous? on: March 19, 2015, 09:06:44 PM
Some time ago I took part in a dispute about feasibility of decentralized autonomous organizations/corporations. Is there a really working DAO/DAC somewhere? Autonomous is the key word here.

I would like to see some kind of ideas of how would one DAO/DAC exist.
553  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: March 19, 2015, 06:22:44 AM
Mr Barron apparently worships not one but two false Gods.  Read everything he says in that light, cogitate, and prosper.

why always these coercive worshiping accusations? does it also implies the 'pro-fork' people worship gavin? why cant we just have a constructive talk about it without accusing one another of being a cultist?
seriously this is just ridiculous. grow up people.

Stop being subjective. Let's do a small exercise. Please count the times Mr Barron replies with long/offtopic quotes from random sources/MP. Next please count the times he repeats already posted quotes. Now please compare it with the others. Thank you!

I'm sorry, maybe I don't understand where you're coming from, but why are you quoting Mircea Popescu? I admit I have not read this entire thread, so maybe there's a reason... but I don't see what value there is to quoting an insane, misogynistic, racist drug addict here?

He cares more about being accepted by MP and everything around him like MPex. He doesn't care for the good of Bitcoin, he only cares about his interest and MP interest apparently. Instead of wasting a lot of time reading the whole thread (which I do recommend for a full history) just check Mr Barron post history. Here is just one quote:

If the fork were to succeed somehow, I would be done with bitcoin. I'm not going to start supporting UnSavoryGarnish just because it's taken a trendier hippsterish form.
554  Bitcoin / Bitcoin Discussion / Re: Bitcoin 1400MB Fork on: March 19, 2015, 04:08:48 AM
How are you "your own bank" without actually having the banking software?? A private key does not a bank make! I can generate all sorts of keys and sign all sorts of messages; that doesn't mean I have money! The "most important feature" of bitcoin is the block chain: the full history of transactions and coin bases. Without this, your signed messages and private keys are for naught.

If they can transmit transactions with a light client it's equal to having the banking software to me.Maybe I got it wrong but I know that nobody can spend your money without having the private key. A private key kept private makes it impossible for anyone else to spend your money.

You do know that your logic is faulty. You do not have a web server at your home to download or use stuff from the Internet or from your mobile banking system. This is stupid and utopic and it will never happen!
555  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: March 19, 2015, 03:12:43 AM
Definitely not to squeeze out home users. All that will do is put the burden onto corporations that are dumping it straight to fiat to pay employees and bills

But it's ok to squeeze out the businesses that need a higher block limit? The businesses that actually help Bitcoin ecosystem grow?
556  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: March 19, 2015, 02:38:49 AM
I don't think a response to this can be much worse than what was just written. Possibly the most narrow-minded solution ever. I suppose you like to put bandaids on gunshots, too; both are equally as stupid

What are your solutions?
557  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: March 19, 2015, 12:48:39 AM
Spondoolies-Tech user is one year old.
What a year....

Now it's 1 year old.

HAPPY BIRTHDAY AND THANK YOU FOR THE GREAT MINERS!

558  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 18, 2015, 11:38:14 PM
Why weren't shareholders informed that AM couldn't finance BE300?

Hey Jutarul you missed this question.

If you're frustrated how management carried out their decisions you're in good company. Unfortunately it's too late to change anything about it now.

I think many shareholders are frustrated about the lack of financial statement for Q4 2014 and the lack of communication overall, but they couldn't do anything about it. Saying that now it's too late makes me think that they could've done something which is simply false.
559  Bitcoin / Bitcoin Discussion / Re: Bitcoin 1400MB Fork on: March 18, 2015, 11:23:51 PM
I have refuted your objections on another thread. Attached is that refutation.
...

Answered: https://bitcointalk.org/index.php?topic=252937.msg10817468#msg10817468

In addition let me tell you that by suggesting the use of a 3rd party wallet is simply denying one of the most important features of Bitcoin. The ability to keep your money and to be your own bank. Just because you can't afford to keep one computer plugged 24 hours per day. This must be one of the most stupidest ideas that I've seen on this forum.

Please enlighten us more with your stupidity!
560  Bitcoin / Bitcoin Discussion / Re: Block chain size/storage and slow downloads for new users on: March 18, 2015, 11:17:46 PM
If you aren't running a full node, you aren't using bitcoin! That's not me "forcing" anything; it's just a fact. The more apt analogy is gold backed paper currency -- those handling the physical gold are like the full node operators, and those who just pass around paper bills are like the thin client users. It's not inherently wrong to use the bills rather than the metal, but the system shouldn't be crafted around the paper. Your suggestion is that I shouldn't mind that all the gold be stored in a few "trusted" warehouses rather than dispersed throughout the world in many different locations.

The system should be crafted around a mix of security and easy of use. How would you feel if Adobe would require you to host a server and to keep the current Flash installer hosted there? The same can apply Firefox or Chrome or any other file that you need to download. It would be a very stupid thing just like your imaginary fact

Also by your logic you just denied Bitcoin to AT LEAST 2 bil people who can't afford to keep a rPi plugged in all the time. There are TONS of people in Africa or in the Jungle or in China who could use Bitcoin with a very cheap Android smartphone (internet usage) or a cheap Nokia for SMS usage. People in Africa will not be able to host a node. Look at Australia's Internet speed. They are in the stone age there. It will take a lot of time to get those speeds in Africa, but that doesn't mean they shouldn't be able to use Bitcoin. They should use Bitcoin and we already have ways to do it. Why exclude them? Just because you want it? What about we exclude you from this forum because you don't have a scuba diving suit or because you don't have a proper server which can feed the contents of the forum? Sounds retard? Well it's the same with your brilliant idea.

You seem to gloss over the fact that your level of trust with the nodes isn't the issue; it's that there being few of them makes it trivial for a government to seize the whole thing. Was the demise of the Liberty Dollar due to a lack of trust from his clients? No. It was because a rouge state stole his assets and arrested him.

Last that I've checked there were mode than 6k nodes all spread all over the world. Which government are you talking about? And how do they plan to do it? Just as they did with torrents? You don't seem to trust the technology that is behind Bitcoin or you simply don't understand it.
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