Bitcoin Forum
June 30, 2024, 10:52:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 [326] 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 ... 437 »
6501  Bitcoin / Bitcoin Discussion / Re: [ANN] Buried Keys - Now Live! on: May 10, 2012, 04:57:45 AM
Buried Keys is now live! It is a rudimentary version, but ideas are welcome.
6502  Economy / Economics / Re: How to make bitcoin be worth more? on: May 10, 2012, 03:51:05 AM
Everyone forgets one thing - its not 21 million, but effectively 21 trillion coins, if you use all the zeros. That makes every current miner a millionaire in btc and a potential millionaire in USD as well. Depends on how widely adopted the currency will be in a future. I'd like to make a proposition on how to make BTC more popular. In fact, many people already working on it, but BTC community is not fully aware of those projects. I'll make a short review on such projects in this thread later on.  Wink

As it turns down dollars can be subdivided into cents as well!
OMG, I am already a ¢ millionaire!
You're gonna eat those words when a bitcent will buy a car.
6503  Bitcoin / Legal / Re: Legality of IPOing securities on GLBSE on: May 09, 2012, 04:48:40 AM
I am so sick and tired of people being afraid of what might happen. Does anyone think that the inside traders that steal trillions care about getting caught? Bitcoin is an open ledger, so there is always at least some transparency. Regulators should be thanking Nefario for showing us the future of investment structures.
6504  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoins--Dead or Alive? on: May 08, 2012, 02:28:15 PM
I wouldn't call litecoin dead, just dormant. Its revival will probably depend on a great success of Bitcoin.
6505  Bitcoin / Legal / Re: Legality of IPOing securities on GLBSE on: May 08, 2012, 02:18:13 PM
edit: and .com could be a problem
If the USA dictates dotcoms, then it can be moved to a domain not controlled by the USA. QED.
6506  Bitcoin / Bitcoin Discussion / Re: [ANN] Buried Keys on: May 08, 2012, 12:06:08 PM
Do I have to log in to google sites to use it? is there any way to use it without logging in? I clicked the link and it asked me to log in.
It's not quite yet ready for launch. I will unlock it what it's ready. I suppose I should remove the link forwarding for now. Thanks.
6507  Bitcoin / Bitcoin Discussion / [ANN] Buried Keys on: May 08, 2012, 05:53:54 AM
Coming soon. A new game site. Here's a description:

This site introduces the hobby of treasure and scavenger hunting to the global community. The site is arranged by subjects of interest in order to create labyrinths of exciting puzzles, quests, and learning. [link removed] edit: The link is at the end.

Buried Keys is a website introducing the hobby of exploring and digging for buried online treasure. The site is arranged by subjects of interest in order to create labyrinths of exciting puzzles, quests, and learning that suits your interests. You will begin each new adventure by going to the Topic you are interested in and choosing a Dig. New Digs will have unclaimed treasure keys. Each Dig question reveals a part of the key to the buried treasure. You may compete with other treasure hunters for the keys or you may visit older Digs that may no longer have prizes, but are still fun! The Topics, Digs, keys, and rewards are solely at the discretion of the site owner. There is no fee for participation. Each Dig is a winner-take-all contest. There are no guarantees of any rewards since others are competing with you, but that never stopped true treasure hunters!

Prizes
The rewards for playing Buried Keys are the keys to unlock a cryptographic treasure in the form of Bitcoin. These Bitcoin can be stored in your own treasure chest or spent to buy things at many online sites. It is recommended that you familiarize yourself with Bitcoin and how to create a wallet. There are many programs you may download as source code that you can compile yourself or you may simply trust the program providers and download them to use right away. There are also several online wallets that can be used, but it is not advisable to store very much at one time nor any for very long. They are available as many computer and smartphone versions, and they should all work pretty well for this website.

Once you complete all the digs for each buried key, you will enter them in order into a specialized key generator of that series of words. The public part of the key must match the public key presented on the dig page. The private key will then be entered by you importing it into your Bitcoin program, app, or online wallet. You will then, as soon as you are able to, spend that amount to a secure Bitcoin address. After the Bitcoin is sent to your own private address, it is advisable to delete the address imported by you or else someone else may solve the dig after you and get a copy of the keys for themselves and steal your treasure out from under your nose! It is also possible that you may get the keys yourself right after someone else and they are already spent. This is all about competition.

This process is somewhat complex at the moment. If you are not familiar with how Bitcoin works, it is advisable to get assistance from someone that has expertice with Bitcoin.

Once you have all the answers that you think are correct, it's time to get your Bitcoin.

Get Bitcoin
It would be a good idea to get to understand this process before playing Buried Keys competitively. This is a multi-step process for now, but soon it should be much simpler. These step-by-step instructions should suffice in the meantime. First of all, you will need to have all your Dig questions in order. You will then need a way to type all of them into a special kind of Private Key generator. There are several. One of the easiest is to use BitAddress. This is a Java program that can even run offline if you want to disconnect from the internet to use it. You will then go to the Wallet Details tab and type in (or copy/paste) each word in your answers with one space between them into the Enter Private Key box. They are case sensitive and can only be letters and numbers. Example: altimeter vegetarian chocolate periwinkle Yosemite juniper Jupiter George Washington

By pressing the View Details button and then OK you would get a Bitcoin Address (it starts with a 1) that should match the Bitcoin Address with the Dig. In this case the Bitcoin Address is 1thRWQZVUqBFcyGhBkHM2nS29e5Sj7gb1 along with a corresponding QR code. If that matches the Bitcoin Address for the Dig, then you look for the Private Key (starts with a 5 and is base58). In this case it is 5KSxXCvfEjujLKCya8H7YHepGCBiWmiU6cvkkfH7W4H16VvGApd.

Once you have your Private Key, you can then unlock the treasure, but you will need to use it quickly before someone else also finds the key and removes the treasure before you do!

Once you have your Private Key, there are several ways to redeem it for Bitcoin. Probably the easiest is to use an online wallet. It is not recommended to use online wallets for large amounts. The reason is that you are storing money on someone's server that offers no insurance against loss from accident or theft. For Buried Keys, they should be fine for short term storage. The first one recommended is MtGox. You will need to set up an account that requires only a username, password, and a valid email address. Once your account is active there is a section where you can import your Private Key and acquire Bitcoin. MtGox will automatically secure your imported Bitcoin so you don't have to worry about someone stealing it.

Another online wallet is My Wallet where you can then go into the import section (after acknowledging that it is an advanced feature) and import your Private Key. Once the address is verified after up to a, you will need to send the Bitcoin from that address to another address. Either send it to another one on My Wallet or anywhere else that has a secure address for which no one else has a key. You will then need to click the far right archive button next to your newly imported key.

There are also downloadable Bitcoin clients for computers and smartphones that have much of this functionality too. Once you have your Bitcoin, these are also great ways to start spending Bitcoin!
http://sites.google.com/site/buriedkeys/
6508  Economy / Securities / Re: Will GLBSE ever be lowering its prices? on: May 07, 2012, 03:38:29 AM
I must say, GLBSE seems much improved. I am developing some businesses and am likely to use GLBSE when I need extra capital to take them to the next level.
6509  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 07, 2012, 03:31:15 AM
Great, it's this Atlas shit again.
“The first time someone shows you who they are, believe them.”
― Maya Angelou
6510  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 07, 2012, 03:27:01 AM
It seems some individuals here expect others (and themselves) to exclusively act out of pure emotional generosity; without monetary gain or otherwise.

They need to go first.  You know, to show us the way.
That's what good parents are for. How much did you have to pay for your upbringing?
That's like asking how much I paid the hobo who just cleaned my windshield without asking:

Nothing.

Except that I don't think the hobo loves your windshield.

The hobo may love me but that doesn't mean I owe him anything. It doesn't mean I am his slave.

Sup Atlas.
Yeah, we're here for ya, Buddy.
6511  Bitcoin / Development & Technical Discussion / Re: A proposal for a scalable blockchain. on: May 07, 2012, 03:22:35 AM
Has anyone considered this idea using address/P2SH hashes as the "key" of the tree instead of TxOuts/OutPoints?   By doing this, lite-weight nodes could retrieve the entire unspent-TxOut-list of an address by downloading only a couple kilobytes but still have the same security of a full-node!   
So now you are a lite-weight node getting onto the network for the first time.
Oh, and you'd get the benefit of blockchain pruning, too.  A small bonus...

Someone had an epiphany.
6512  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 07, 2012, 02:57:40 AM
It seems some individuals here expect others (and themselves) to exclusively act out of pure emotional generosity; without monetary gain or otherwise.

They need to go first.  You know, to show us the way.
That's what good parents are for. How much did you have to pay for your upbringing?
6513  Bitcoin / Bitcoin Discussion / Re: Is there a simple solution for this process? on: May 07, 2012, 12:14:49 AM
If i understand you correctly you need an easy way to import a private key into a wallet?

You can ago sweep a private key into a My Wallet account by appending #newpriv|${private_key} to the login url e.g.

https://blockchain.info/wallet/login#newpriv|BhGmdqTbfJ5c2hi5CmNkBhFB5QWMymJx7pRUcxCCKoDm

I don't know if thats what your looking for.
Yeah that's great, but it needs to be something grandma and her knitting circle can do.
6514  Bitcoin / Bitcoin Discussion / Re: Is there a simple solution for this process? on: May 06, 2012, 11:19:54 PM
Do you have to reveal the private key?

If yes, then you could automate the process with some code.

Don't know of any pre-existing solutions though.

Yeah, for now the safest and simplest solutions are MtGox, MyWallet, and soon perhaps Armory. Smart phone apps might work too. When people start copying my website idea, there will be solutions created.
6515  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 06, 2012, 09:46:47 PM
Humans do not need to do those things either.

Some people would debate that...

But let's say you're right. Okay, then there is no need to live in houses, drive cars, fly planes or explore space either.

The only thing humans need is food, water, and shelter, all of which can be accommodated at an extremely rudimentary level.
Now you're starting to sound like Maslow  Grin
6516  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 06, 2012, 09:37:42 PM
Humans evolved from other animals. No other known animal has ever needed money. Therefore, humans do not need money.

Non sequitur.

Humans do many things animals do not, like climb Mount Everest and produce sculptures.
Humans do not need to do those things either. There is no argument for need.
6517  Bitcoin / Bitcoin Discussion / Re: Maybe we all should just live Currency Free ? on: May 06, 2012, 09:23:48 PM
LightRider, you did not address any of my questions I posed in trying to understand your proposed system. I think you do not have any real appreciation for the immensity of specialization and individual motivations of the human beings involved that has brought about all the technology we have today. And yet you seem to think that going forward we can somehow forget all that. It seems like nonsense.
I've been following this thread to best my sensibilities can muster. Most of the arguments in favor of "natural money" are based upon a priori statements dressed up as a "theory" with nothing scientific to back it up as a theory. Money /= Greed. These terms cannot be used interchangeably. I prefer Occam's Razor to reveal the Null Hypothesis. Here it is. Humans evolved from other animals. No other known animal has ever needed money. Therefore, humans do not need money. Truth can usually be stated very simply. Complex arguments that are trying to demonstrate something that should seem simple are often filled with fallacies.
6518  Economy / Economics / Re: How to make bitcoin be worth more? on: May 06, 2012, 09:08:57 PM
Teach your friends, family, and coworkers about it and grow their trust in the system. Share it with them by exchanging with them. Ask them to buy your next beer and give them some Bitcoins for it. Network effect is everything for Bitcoin.

Here in Austin, I leave a Casascius physical Bitcoin as part of my tip every time I eat out, or to give to people at parties or gatherings when the subject comes up.  The physical coins are very useful for spreading awareness.
Tips would be a niche economy for Bitcoin. Many resaurants now automatically charge a gratuity fee (sometimes after tax). Who knows how much of that pays for the service you've received? If server staff wore a little badge with a QR code, you could slip them that little extra when you feel they are worth it with no one the wiser.
6519  Bitcoin / Bitcoin Discussion / Is there a simple solution for this process? on: May 06, 2012, 08:43:56 PM
I have a website I am developing. It has a page that offers to pay out to someone in Bitcoin, but there is a catch. The website user will be presented with a Brain Wallet series of words they must enter to create a private key hash. That hash will have a pre-loaded amount of Bitcoin. The private key will be eventually also know to others, so the first person to get the key must move the balance to another account and delete that private key from their wallet (or mark it) so they don't accidentally use it again and let someone steal their Bitcoin.

I am ok with writing a step-by-step instruction guide to do so, but would appreciate knowing that there is a simple solution already out there that regular Joe Blow folks can use.
6520  Other / Off-topic / Bitcoin Treasure Hunt on: May 05, 2012, 12:50:28 PM
 Grin
Pages: « 1 ... 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 [326] 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 ... 437 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!