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5861  Other / Politics & Society / Re: I hate socialism but..... shouldn't a nations resources be nationalized? on: March 11, 2013, 07:00:41 PM
When a forest is owned by "the people", you just have to bribe "the people" (aka government), in order to chop it down. Much less expensive.

Politicians are cheap, compared to actually buying massive amounts of resources.

Often astoundingly so. In a recent scandal here, it turned out politicians were redirecting millions of taxpayer dollars for what amounted to chump change.
5862  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: March 11, 2013, 02:47:59 PM

People lose temper from time to time. Better to use a fist than a gun then.


I take it you are a healthy male, age 18-(say)55 then? If so, congratulations, you similar or better offensive/defensive capabilities of all but the most skilled/strongest unarmed opponent.

However, large segments of the population are not. Consider them before you clamor for disarmament. Also consider the capabilities of a potential opponent should they trivially arm themselves with a knife or some kind of club (If only those darn bad guys wouldn't seek to provide themselves advantage, eh?).

5863  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: March 10, 2013, 05:09:02 PM


Looks like a correlation to me.



A meaningless correlation. If you banned Goodyear tires, unsurprisingly the number of vehicles using Goodyear tires would plummet yet do you claim there would be fewer vehicles on the road?

"Gun deaths" is a red herring the grabbers like to trot out with depressing regularity.
5864  Other / Politics & Society / Re: Adam Curry & John Dvorak Bring the Hate for Bitcoin on: March 10, 2013, 04:44:05 PM
Cool. Dvorak is to computers what Proudhon is to bitcoin speculation.
5865  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: March 10, 2013, 04:38:05 PM

Let's wait for the current legal case to be completed before we call the defendant a murderer.

Why? That requires "beyond reasonable doubt". We don't.
5866  Other / Politics & Society / Re: Kim Dotcom wants to create a Bitcoin credit card, would you want a Megacard? on: March 09, 2013, 02:05:47 AM
P.S. I could not get Shetab bank card, no one have the card or dump of magnetic tracks. Could someone donate expired Shetab card to me via mail or give specific format of the data on the card?

Presumably you want the actual data value from the cards? The format should be standard.
I can only guess that the Shetab is clone of Cirrus network and the data on card is similar to other banking cards. But not sure until I see it with my own eyes. If so, then Shetab is no more advantageous than any other existing network.

I have no idea why this Shetab card is supposed to be any different but if you haven't run across it already, this is a useful document http://www.phrack.org/issues.html?issue=37&id=6


Looking at the Shetab page on Wikipedia, it seems like it's more about an inter-bank network for accessing funds and probably doesn't affect the cards themselves. So I'm guessing they more than likely adhere to the standard but I wouldn't be willing to bet real money on it.
5867  Economy / Speculation / Re: So, are we going up or down? on: March 08, 2013, 09:19:00 PM
Time for another exchange, maybe?
Time to spread out and reduce the impact of any single exchange. For example, I moved everything to bitcoin-24.com this week because they don't require any documents or "verified status" to send me my € when I want them.

Interesting. I have not bought any BTC though exchanges yet (partly for those reasons) so I may have to check them out. I wish Currency Fair would take on BTC as I have had a fairly good experience with them so far.
5868  Economy / Speculation / Re: in defense of technical analysis on: March 08, 2013, 07:25:19 PM
moral sciences

Oxymoron. The guy who invented the term "Social science" should have had his arse kicked all the way down the road and back.
5869  Economy / Speculation / Re: in defense of technical analysis on: March 08, 2013, 05:05:27 PM

So rather than shooting for a "controlled and verified" test, perhaps just taking a statistical sampling of the average success rate of TA traders versus the norm could be a reasonable test. Setting such a study up would require finding a large group of traders willing to be studied though.

You could test with play money to see how TA would work for investors not big enough to (significantly) affect the market. TA probably isn't as applicable to the big players anyway as they will be adopting more active strategies.
5870  Economy / Speculation / Re: Sell, sell, sell The hack of Bitcoin 2013 again on: March 08, 2013, 04:53:22 PM
Comment from Site5

Quote
Hi everyone,

We conducted a full investigation internally and this in no way was due to any slip in our security. The only reason the attacker was able to add an email and take over this account was because they knew the two answers to the security questions on this account. They did not receive that information from us in anyway. We take security very seriously and have stringent safe guards in place to prevent social engineering.

Here is our public post as well with details:
http://www.site5.com/blog/s5/security-and-social-engineering/20130307/

Please let me know if you have any questions,
Thanks, Ben
CEO at Site5

I guess it only takes 2 security questions to gain access. Is this typical for site registrar's? I would think something as important as a business website would be protected by more then 2 questions.

Security questions are about the dumbest kind of "security enhancement" out there. Especially when they are used as a way to get around a password (I can keep a password secret, I can't keep my mother's maiden name secret and any question which isn't public record is probably easily findable (favorite authors, bands etc) or has been used on a dozen other sites). It's like the people implementing security out there (or at least the people in charge of them) are sheep, only able to consider and adopt the latest fad non-security measure and not able to sit down, read some papers and comprehend and work things from the ground up.

DAMMIT THESE ARE SOLVED PROBLEMS, PEOPLE!!!

Sorry for the rant.
5871  Economy / Speculation / Re: Sell, sell, sell The hack of Bitcoin 2013 again on: March 08, 2013, 03:52:33 PM
I haven't heard the full details but once you have control of a domain name, there's a lot you can do. If you can reset or recover your password with an email, if someone gets the domain, they can redirect all email to that domain to their own mail server. Et voila, they're in. If your site doesn't use HTTPS (and possibly even if it does), there are man-in-the-middle attacks.

It's even not terribly hard to take control of a domain name even without social engineering. Typically, most registrars just require a copy of your DL on company headed notepaper and some trivial other stuff. I've had to do it for domains that were legitimately our company's several times.

Though with that said, security really shouldn't depend on DNS if it's being done properly. I'd be interested to hear what the actual method of attack was just to see if it's one I've heard of.
5872  Economy / Speculation / Re: Sell, sell, sell The hack of Bitcoin 2013 again on: March 08, 2013, 03:46:33 PM
I haven't heard the full details but once you have control of a domain name, there's a lot you can do. If you can reset or recover your password with an email, if someone gets the domain, they can redirect all email to that domain to their own mail server. Et voila, they're in. If your site doesn't use HTTPS (and possibly even if it does), there are man-in-the-middle attacks.

It's even not terribly hard to take control of a domain name even without social engineering. Typically, most registrars just require a copy of your DL on company headed notepaper and some trivial other stuff. I've had to do it for domains that were legitimately our company's several times.
5873  Economy / Speculation / Re: Someone's dumping slowly on: March 08, 2013, 03:24:25 PM
This is a good thing. I like my bitcoins going up as much as anyone but for the ecosystem to advance, some of the big holders are going to have to let some of their supplies out to increase liquidity and grow the user-base.

This also counters to a good degree the "rising prices leads to hoarding" assertion.

The economy is a machine with many moving parts, some of which are not immediately (or ever) obvious. Just let it do its thing and it'll work out.
5874  Other / Politics & Society / Re: Kim Dotcom wants to create a Bitcoin credit card, would you want a Megacard? on: March 08, 2013, 03:07:44 PM
P.S. I could not get Shetab bank card, no one have the card or dump of magnetic tracks. Could someone donate expired Shetab card to me via mail or give specific format of the data on the card?

Presumably you want the actual data value from the cards? The format should be standard.
5875  Other / Politics & Society / Re: Rand Paul (KY) Fillibuster for Freedom on: March 08, 2013, 01:48:23 AM
I think it's fairly important. For a long time, but seemingly at an ever-accelerating rate since GWB came in to power, the White house has been adopting a "We can do what we want and not give a damn about laws or congress or the people" stance. It's way overdue that they got called on it.

Of course, this isn't really even a minor speed-bump to that momentum but resistance to it has to start building now (though, again, it's way overdue)
5876  Bitcoin / Bitcoin Discussion / Re: How many coins will be lost due to people dying? on: March 07, 2013, 10:44:38 PM
I once considered creating a service which would provide time-locks. Request a public key and at some time in the future the corresponding private key would be made public. Encrypt what you want and leave it wherever public you want. Of course, you have to do some management to re-encrypt things if you're using it as a dead-man's switch but the principle is sound.

After a little consideration though, I decided that the risk from those who wanted private keys released ahead of time just wouldn't be worth it.

5877  Bitcoin / Bitcoin Discussion / Re: Tracking "Locked" bitcoin? on: March 07, 2013, 10:35:21 PM
That would require them to own that much in bitcoin which in itself would mean the currency was pretty much fubared.
5878  Other / Politics & Society / Re: I hate socialism but..... shouldn't a nations resources be nationalized? on: March 07, 2013, 10:29:32 PM
I completely agree with that. One of our local politician leader is trying to promote the nationalization of our resources since, like he said: "What nobody has made should be owned by everybody."

And controlled by a privileged few.
5879  Other / Politics & Society / Re: I hate socialism but..... shouldn't a nations resources be nationalized? on: March 07, 2013, 10:05:06 PM
Isn't SOP that the raw resources are the property of the state but they lease the rights to exploit (often for next to nothing admittedly).
5880  Economy / Speculation / Re: So, are we going up or down? on: March 07, 2013, 07:44:03 PM


I don't trade on Mt.Gox directly, so if everyone wants to move that's fine by me!

Nor I. I wasn't proposing abandoning mtgox either, just that there appears to be an opportunity for someone to take advantage of.
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