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581  Economy / Speculation / Re: Coinbase will be next to halt withdrawals by Friday.. on: February 12, 2014, 08:28:35 AM
GMaxwell (Core #Bitcoin dev): It is exceptionally unlikely that malleability will be fixed in the year

Just because malleability won't be fixed this year doesn't mean they can't mitigate these DDoS attacks through other ways.

That made no sense unless you actually present a way to mitigate this by presenting a feasible course of action. Everything else is just hope and faith.

look at the last few commits in the bitcoin github master branches commits, and in particular look at:

https://github.com/bitcoin/bitcoin/commit/19e5b9d2dfcac4efadba636745485d9660fb1abe

it seems that they are doing something.
582  Economy / Speculation / Re: Coinbase will be next to halt withdrawals by Friday.. on: February 12, 2014, 12:00:50 AM
I like how everyone ignores the fact that his "prediction" suggested that the price would be $100 on Friday... NOT that it would drop to $100 for a few seconds on one exchange on Monday.

There is a BIG difference between the price sitting at 100 on friday the 14th and what we saw happen yesterday.

But if ya'll want to continue to think he made some genius prediction, by all means, get on your knees and praise the guy.

mind you...

The news has changed, I do not want donations, BITCOIN is almost over..
583  Economy / Speculation / Re: HUGE PLUMMET TOMORROW! on: February 11, 2014, 11:29:45 PM
Our friend BitcoinSteve is starting new threads with "news":

https://bitcointalk.org/index.php?topic=460671.0
Just trying to help, donations are not needed anymore.. its over..

If you were truly trying to help anyone, you'd be less cryptic, you wouldn't have required donations in order to hear your "news," etc

The news has changed, I do not want donations, BITCOIN is almost over..

Now that you've fixed a flaw in your rationale I feel better.

Since I read your first warning I was wondering why you ask for btc donations in exchange for secret info, if you were forecasting the end of btc itself, especially on one of your last post as early as this morning (UTC).

584  Bitcoin / Mining support / Re: Hacking The KNC Firmware: Overclocking on: February 10, 2014, 11:44:43 PM
I have been running it at 251 for a couple of weeks with no problems. Temperatures are under control with open case, frontal fans in 45º on the frontal asics, y a big fan in the top of the case, heatsinks and artic cooler grease on the vrms.
3.3 volts at spi and around 60 amp in all dies.

716 ghs with 10006 WU. At the pool 740ghs.

impressive.

Wattage at the wall? 
585  Economy / Service Discussion / Re: New Mt Gox Press Release - Feb 10 - they are claiming flaw in bitcoin protocol ! on: February 10, 2014, 10:51:07 AM
very clear explanation of what's happening:

http://www.reddit.com/r/Bitcoin/comments/1x93tf/some_irc_chatter_about_what_is_going_on_at_mtgox/cf99yac
586  Economy / Service Discussion / Re: New Mt Gox Press Release - Feb 10 - they are claiming flaw in bitcoin protocol ! on: February 10, 2014, 10:40:59 AM
Pieter Wuille post on btc dev mailing list a RFC about a BIP proposal to "can get rid of transaction malleability over time".
The email was sent no more the 12 hours ago. If you're interested in reading the BIP proposal you can find it here:

https://gist.github.com/sipa/8907691



587  Bitcoin / Mining support / Re: Hacking The KNC Firmware: Overclocking on: February 10, 2014, 10:26:40 AM

@joeventura this precisely what you need to do.

thanks CYPER
588  Bitcoin / Mining support / Re: Hacking The KNC Firmware: Overclocking on: February 09, 2014, 04:50:34 PM
I must have missed the code on how to change OC on a die by die basis.

How can that be done?



Did you happen to find it?

I'm in a hurry now but If memory serves it's only a matter to change zzz.sh in such a way to issue different command dies:

Code:
cmd=$(printf "0x86,0x%02X,0x02,0x11" $c)
spi-test -s 50000 -OHC -D /dev/spidev1.0 $cmd >/dev/null

$c is a convenient variable that could takes value from 0 to 3, one for each die of the slot.

As soon as I've time I'll share a modified version that let you tweak the OC die by die.  
589  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 07, 2014, 10:57:22 AM
how manual i can make the diff at worjker at 512? Kiss Kiss Kiss

you can only do it if your pool let you Smiley

it's not something you set in cgminer/bfgminer.

If memory serves:

- slush:     you don't have a way to influence the diff settings, this pool use the vardiff algo.
- ghash:    you set the diff from your dashboard (worker section) on ghash site.
- btcguild: ditto.
- eligius:   I know for sure it use vardiff but I don't remember if you can set a minimum value.

 

590  Bitcoin / Bitcoin Discussion / Re: Prepping for the worst: If an exchange fails is it better to hold BTC or fiat? on: February 05, 2014, 09:24:24 AM
Suppose you held funds in a bitcoin exchange.  If the exchange is mismanaged and ends folding without giving you the opportunity to withdraw, you'd understandably be pissed.  You'd probably seek every possible means and every legal avenue in order to recover your funds, especially if it were for a significant amount. 

The question is simple, if you're part of a lawsuit and making a claim, is it better to have been a person holding bitcoin? Or is it better to have been a person who had fiat at the exchange?

In April 2013 bitcoin-24.com suddenly stop working, no more orders, no more withdrawals, back accounts freezed, a bug in the trading engine, a lot of naivety in the way the business was managed, etc. etc.

Luckily btc24 customers were able to get theirs btc funds back as early as 28th of April, on the other hand some have to wait almost a 10 months to get 72% of their fiat back. And still they're waiting to fetch the other 28% blocked in some fancy poland banking account.

Mind you there are a lot of other cases where the opposite applies. If you bother to search you'll find a lot of horror stories where btc funds simply have disappeared in a breath.

Anyhow, until effective distributed/decentralized exchanges will be up and running, just be extremely cautious.

If you really need to day trade just keep only the amount you need in the exchange account, not a satoshis more. Lastly: due diligence, you've to know with who you're dealing with (the exchange), look for red herrings, weirdness in the management etc. etc.




591  Other / Archival / Re: delete on: February 04, 2014, 12:29:06 PM
This thread only incites panic as an initial reaction. Anyone who reads
most of it understands that EK's or any other method still has a small
chance of succeeding. I think it's fascinating and it has spurred me to learn
more and do my own research. So bottomiline, it serves a useful purpose.

Plus, going for the 50 BTC is plain fun. lol

If someone will be able to win the gmaxwell's bounty I think the 50 btc premium will be only the beginning. I don't dare to speculate on the value of those btc, though.
592  Economy / Speculation / Re: Large DROP in BTC PRICE can be caused by acceptance Amazon.com or other .com? on: February 03, 2014, 05:48:25 PM
Does it really matter? Overstock just sends Bitcoins to Coinbase and converts them to dollars at the price Coinbase posts for that 10 minute period

This is no longer correct.   Overstock now keeps the bitcoins, does not sell them.

Citation needed

http://www.coindesk.com/overstock-ceo-holds-millions-bitcoin/
he may not keep them all, but he obviously keeps a lot.

in the article is stated that he personally owns btc. This is quite different from overstock keeping a percentage of btc for each tx processed by coinbase.
593  Economy / Speculation / Re: Large DROP in BTC PRICE can be caused by acceptance Amazon.com or other .com? on: February 03, 2014, 06:55:12 AM
Does it really matter? Overstock just sends Bitcoins to Coinbase and converts them to dollars at the price Coinbase posts for that 10 minute period

This is no longer correct.   Overstock now keeps the bitcoins, does not sell them.

Citation needed
594  Economy / Service Discussion / Re: BTC-e being hacked. Watch your account. on: February 01, 2014, 10:38:43 AM
You probably have a keylogger. Sucks to be you! Don't keep more on an exchange than you can afford to lose.

What is a keylogger?

http://bit.ly/tadhtb
595  Bitcoin / Bitcoin Discussion / Re: New York wants to regulate Bitcoin on: January 31, 2014, 08:25:55 PM
I only finished watching the hearings yesterday and they turned out much better than I thought.

Lawsky was much more level headed than some of the public comments he's made. I think there's a good possibility he acts much like the rest of us when we dug into the technology for the first time. Amazed. He mentioned once during the testimony about how his head was exploding. That is not a comment made by someone not impressed b by something.

public statements like this one?
 
Quote from: New York Department of Financial Services Superintendent Benjamin Lawsky
"We're always going to choose to squelch money launderers...even if it prevents 1,000 flowers from blooming"


come on there're tons of documentations out there they/he could have read before the hearings, the representatives of New York Department of Financial Services  have shown an extreme lack of knowledge on the matter they are supposing to regulate.


It would have taken 30min to read something like the Brito and Castillo paper ("BITCOIN A primer for Policymakers") before the hearings. I didn't  expect they read the Satoshi paper, though is quite accessible, but at least something easier to let them grasp the basics was mandatory imho.

596  Bitcoin / Bitcoin Discussion / Re: Bitcoin Solves a Huge Problem for the Global Economy on: January 31, 2014, 11:22:04 AM
Bitcoin Solves a Huge Problem for the Global Economy

Everyone’s talking about the fast growing digital currency Bitcoin. Jamie Dimon hates it, Marc Andreessen loves it, and Alan Greenspan thinks it’s a bubble with no intrinsic value.

Radio Show: Audio can be found at the link below.

http://business.time.com/2014/01/23/is-bitcoin-the-next-truly-global-currency/#ixzz2rcQkeRFD


Both guests agree that btc limited supply will be the reason why it couldn't be a global currency... wow.
And all person involved in the discussion, host included, agree on the need of a central authority to stabilize the value and to protect customers.. wow number 2.

Is like they were trying to wrap their minds around the idea of btc using the wrong pair of glasses.
597  Economy / Speculation / Re: Bitcoin vulnerability on: January 30, 2014, 08:17:33 PM
in this  thread gmaxwell set a bounty of 50 BTC for Evil-Knievel, or anybody else interested, in case
they will be able to provide the discrete log of at least one of a set of 200K randomly generated
secp256k1 public keys.


if you're interested in understanding why this is not a "vulnerability" just read further the
aformentioned thread.

 
598  Bitcoin / Press / Re: [2014-01-29] The Emerging Bitcoin Civil War on: January 30, 2014, 04:30:28 PM
I don't know if it will be civil war, I prefer to stick to facts. And as far as I can see some of the
things Lawsky and colleagues said are quite peculiar. Amongst all this the one that I found really scary:

Quote from: New York Department of Financial Services Superintendent Benjamin Lawsky
"We're always going to choose to squelch money launderers...even if it prevents 1,000 flowers from blooming"

Another disturbing fact is that they think, or worse pretend, thatthe dollar is almost untouched by money laundering, drug trafficking, and such...

fwiw take into account that I'm not an anarchist nor a die hard libertarian


edit1: It would have been a lot better if the New York Department of Financial Services representatives had read
         something like the Brito and Castillo paper ( BITCOIN A primer for Policymakers ) before the hearings
599  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 30, 2014, 02:39:53 PM
You can easily add two more plugs to your controller with basic soldering skills.

I hope to be making a video next week to show how its done.


this would be amazing!
600  Other / CPU/GPU Bitcoin mining hardware / Re: Announcing NEW 3TH/s and 5TH/s 20nm Bitcoin Miners on: January 30, 2014, 02:35:19 PM

and whoever reckons ASICMiner are going to have 20nm chips rolling out within the next 6-12 months - YOU ARE LIVING IN A DREAMWORLD.

http://www.decryptedtech.com/news/tsmc-starts-mass-production-of-20-nm-chips


fwiw ASICMiner is going 40nm.

Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage is the most spectacular among all the announced specs, though
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