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701  Economy / Speculation / Re: Lets pretend for a minute that major BTC companies are scams. on: October 01, 2012, 11:17:42 PM
  • All startups selling mining ASICs either directly or access to them are scams.
  • Almost all GBLSE assets turn out to be a Ponzi or is only proftable as one.
  • Major exchanges sell fake BTC or buy BTC with fake USD.
The fact that EVERYONE isn't operating on this assumption already is of utmost concern to me. People are so blinded by their greed that they have forgotten all of the evil entities that prey on any new technology. People are so quick to hand their money over to some mostly anonymous person they met on the internet. And we're not just talking about bitcoins either. Bitcoin related scams are sucking up real cash just as much as they are sucking up bitcoins.

Make money slowly is the method that all good advisors recommend. The time to be an early adopter has come and gone and bitcoin is now in the make money slowly phase of it's life. A skilled speculator might be able to game the system but greed gets those peoples money too.

Mining has followed the make money slowly model for a "long time" now... ASICs may indeed come. I hope they do, I would like to own at least one. But I don't believe the profits promised are realistic. It will still be a make money slowly situation and anyone who tells you differently is probably a liar. I don't want to be first in line to own one thats for sure.

I'll sign up for a free FPGA any day of the week though and I don't care what sig I have to wear to get one cause I'm only slightly less greedy than the next guy.


702  Economy / Services / Re: Will Do Pretty Much Anything for BTC on: October 01, 2012, 10:58:32 PM
I need my lawn mowed.

Are you within driving distance of Daytona Beach? Smiley
703  Other / Off-topic / Re: Private keys on: October 01, 2012, 10:43:18 PM
How many private keys are possible? I mean, I understand that it's a very large number, but I was mining for some vanity addresses and I started to wonder about the feasibility of saving every generated private/public key pair in a database and checking that against the list of transactions from known accounts. I get that the odds of having a match are impossibly low, but I wanted to make some actual stats to think over. With the rate of account creation and disposal, could this sort of attack be feasible in the future? Goes against my code of ethics, but I still wonder.

I mine for vanity addresses and I've checked thousands and thousands of them. Literally 10s of thousands of them.
I have NEVER found one in use. I mine for very common vanity addresses... 1eBay, 1Coin, 1BTC... never ever found a used one.

I'm an honest monkey. I wouldn't steal found coins. But who knows how some honest monkey would react if they stumbled on an account with hundreds or thousands of coins? They say locks only keep the honest people out. Open doors change people.



704  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: October 01, 2012, 08:04:29 PM
People focused on mining and seeing gains and profits out of mining are missing the point of Bitcoin.

(true point removed and I totally agree but lets address the above for a moment)

Without the miners to secure the network it would be shit, so you're missing the point.

I've seen so many people on a moral high ground claiming "BITCOIN WASN'T MADE FOR MINERS" when in fact it was, is, and will die without.

When it stops being profitable to mine, you better sell your coins fast cause this shit's gonna crash faster than a yugo with bald tires on an icy road.

I suspect the number of $$$ invested in GPU mining will cause an alternate currency to take off once the reward halves or once these ASICs finally materialize.

Also, the word is out... the end is near.. the scammers who have been being good, gaining rep... they're all gonna scam you. You can expect people you trusted to flip and become a scammer. It's the name of the game.. the funds are drying up, call in your markers.


705  Bitcoin / Project Development / Re: Birds with lights flashing a bitcoin address in MORSE on: October 01, 2012, 10:01:03 AM

This is the cruelest thing I have ever seen.
First, most birds do not fly at night.
Second.... why the hell would you do this? The poor animal would be driven mad by the device you clamped onto it.

Shame Shame Shame.
706  Economy / Service Announcements / Re: Giving Away a FREE 840Mh/s ModMiner Quad FPGA Miner Every Week in October! on: October 01, 2012, 09:50:09 AM
To win you also must follow all the rules and meet all the qualification guidelines as described below:

(Q) What are the Rules / Qualifications?

(A)

1) You must have your signature title changed by Noon (12PM EST) on Monday 10/01/2012 to qualify for the first ModMiner giveaway which will be decided on 10/07/2012
2) Your account must be created before today
3) Your account must not be of "newbie" status
4) You must post at least one post every day - somewhere on the forum during the contest period
5) Each person can only win once
6) Your signature must not change at all during the duration of the contest week you are entered in.


I would like to enter the contest please Smiley
707  Economy / Collectibles / Re: How would you like to design a bitcoin banknote? on: September 30, 2012, 01:47:14 PM

Great job. I have some suggestions.

I think that the psy artwork appeals most to the folks not in the US. It's so radically different than the dead presidents we're used to. I like your site because the work is done on the client and not the server. That said, trust is hard to obtain when using websites. Running this locally makes some people feel safer. This is why I'm using RobKohr's print.printcoin.com project and I recommend it to other people. The problem is, the people who I have told about print.printcoins.com have a hard time getting it to run on a windows machine which is what most people use.

Do you have plans to add other note designs? Is your project on github? I could help add more notes.

I still wish all the participants had provided layered image files. All of the designs will appeal to someone. To those that entered the contest, if you can give me a layered PSD or gimp XCF (preferred) I will add the note to the print.printcoins.com project by RobKohr and perhaps we'll see it on the bitaddress site also.

I am also interested in the "bond style" design where it takes up a whole page and resembles a stock certificate.
708  Other / Off-topic / Re: Have you ever encountered other beings or aliens? on: September 27, 2012, 10:41:32 PM
What sightings have in common, is usually some weird looking dude reporting them

  VS

I dunno man... You both look pretty weird to me.
709  Bitcoin / Bitcoin Discussion / Re: No, the Linux Kernel is not like Bitcoin nor its network. Sorry. on: September 27, 2012, 10:18:50 PM
Often only the fear of something happening is enough to provoke the fallout from that something actually happening.

I personally feel that bitcoin is completely propped up by the sale of drugs, perpetuation of scams, and the laundering of those funds.

Granny always said "You can fuck up a perfectly good things or make a bad thing worse by getting the government involved" Looks like you just got yourself a government like it or lump it.

If I were an MtGox, You bet your sweet ass I would be trying to form myself a committee, surround myself with legitimacy, make every effort to hold onto the funds I have now before the shit comes crumbling down around me. If I were an early adopter sitting on enough coin to plug a sewer pipe you bet I would forming a foundation. If I were a miner with so many dollars invested in hardware that is about to become bricks you bet your sweet ass I would be forming a trust. And I wouldn't make it easy to join either. Fuck all you peons. MINE!

Thank goodness I don't have that shit to worry about. It would weigh damn heavy on me. I have enjoyed the free lunch though. Thanks for that I hope it lasts a little while longer.

710  Bitcoin / Bitcoin Discussion / Re: Romney's tax returns - first Bitcoin extortion? on: September 27, 2012, 06:04:29 PM
Well tomorrow is the 28th....
The thieves have collected a grand total of 3.794578789 BTC

I've been counting the days like a kid waiting for christmass. I want satisfaction.
711  Bitcoin / Legal / Re: Got off the phone with the Guy from the S.E.C on: September 27, 2012, 09:51:25 AM
I'm not sure how operating like criminal organizations helps Bitcoin.

Because the criminal organizations know something most honest people don't know.
You will fuck up a perfectly good thing or make a bad thing worse when you get the GOV involved.

The police can't be counted on to help you any more than the army can be sent on a peacekeeping mission.

Armies are trained to blow shit up.
Police are trained to arrest.


712  Other / Off-topic / Re: Have you ever encountered other beings or aliens? on: September 26, 2012, 05:08:05 PM
I have never seen an alien but I believe I've seen a UFO.

It was in 1978.

A HUGE triangle shaped craft flew slowly over my house. It made no noise. It was completely black with no lights.

When I say huge I mean about 1 mile on each side It.

it flew so close to the ground and so slow that it could not have been a commercial aircraft.

It was square edged.

I remember this sighting as if it were yesterday and I've always got my eyes to the sky looking for more.

Before anyone accuses me, I was not on drugs. I was 11.

713  Bitcoin / Bitcoin Discussion / Re: Bitcoins on a Raspberry Pi on: September 26, 2012, 02:33:58 PM
open to suggestions for software to test or try and run on the Pi, and just any other general thoughts and ideas.

I'ld like to see a Raspberry Pi function purposed as an offline wallet creator:

  - http://bitcointalk.org/index.php?topic=74615.0
Me too, I've got a Raspberry Pi on order …I want an offline address generator (based on bitaddress.org), however I don't want to print stuff out.  Instead, what I would like is to generate the private key and have it encrypted and displayed on screen as a QR code…then I want to snap a photo of it with my phone for backup purposes (and copy that photo to various online locations for backup).

As a further improvement, I would like a wallet that would sweep a specified amount of coins from an address to a new destination while sending change to a second address (which would be another offline generated wallet).  That would provide a convenient means of taking just a specified amount out of an offline wallet while returning change to a newly generated offline wallet.

I bought my RPI just for this purpose and it's wonderful for this. You can even print paper bills like the kind you can find at http://print.printcoins.com but it takes a little while to generate the PDFs. My setup is completely offline. I have no block chain there, just wallet and wallet related tools. I have 1 SD card for this task and a couple more SD cards for using the RPI as a media center.

Vanitygen works on the RPI too. (oclvanitygen does not)

The block chain might be the only tricky part.

I got my RPI from element14 3 days after I ordered it. I think I just got incredibly lucky cause they just happened to have 100 in stock the day I ordered. I hear most people are waiting 12 weeks (OMG).

Worth the wait, this is the funnest little hack-box ever.
714  Other / Beginners & Help / Re: Will draw anything for Bitcoins! on: September 26, 2012, 07:39:36 AM
bump
715  Bitcoin / Development & Technical Discussion / Re: Vanity Pool - vanity address generator pool on: September 24, 2012, 09:17:04 PM
Okay, a quick update to the site:


I have a little extra time on my hands and I code for a living. I'm an old man, I know most languages well. I could maybe attempt a true pool where users work towards a common goal and take a proportion of the reward.

I have a serious question  / concern.

How can we do this without the generator miners/server knowing the private key. Assuming a "trust no one" mentality the end user should be the only one with the private key.

716  Bitcoin / Bitcoin Discussion / Re: Quantum Computer Invented on: September 24, 2012, 07:38:40 PM
Our Minirig QC is right around the corner.  No, really...


Are you taking pre-orders yet? Wink
717  Other / Beginners & Help / Re: Will draw anything for Bitcoins! on: September 24, 2012, 03:17:09 AM
In the land of bitcoin you will find a villainous  hive of scum and deceitful monsters. Every third person is out to make sure people are totally pwned. The other two will feed off the misery of those that have fallen victim to the monsters. I suppose I'm guilty of this point and laugh business myself.

In this land, ShittyBitcoinDrawer is a small light of innocence. Cartoons for cash he says. You're offering much more than cartoons for cash. You are a good example. You make me feel better about bitcoin.

tip sent Smiley I hope you're here for a long time. Toon slinger.
718  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: September 23, 2012, 11:06:03 AM
History is full of people who have had some moral faults but then turned their life around. Johnny Cash, Merle Haggard, Kevin Mitnick, Georgia Durante, moonshine runner Junior Johnson, actor Danny Trejo, & Michael Vick. I'm not saying Sonny has had a "come-to-god" moment or anything, but one's history is often just that: history.


I'll give you partial credit for johnny cash and merle haggard. But only partial. Rock Stars (country music stars) are kinda allowed to do shit you and I would be put in jail for.

Holy crap you have michael vick on your list? Dirtbag to the Nth degree still. Kevin Mitnick? Small time! He hacked a few phone switches and stole some unix. And now he's simply found a way to monetize hacking.. Junior Johnson? Did you ever see the history channel show about him? "If I had to do it all over again today, I would".

People don't change.. they just are more careful the next time around. Or not.

719  Other / Beginners & Help / Re: Will draw anything for Bitcoins! on: September 22, 2012, 05:55:48 PM
Fantastic thread

How about a picture of a Pirate with a BitCoin Eyepatch to close out the holiday?

Sorry for delay, here you go!  Smiley http://imgur.com/CNVdE

Someone from the bitcoin magazine needs to hire you.
720  Economy / Collectibles / Re: How would you like to design a bitcoin banknote? on: September 21, 2012, 10:35:02 AM
So even with a bad camera, bad paper, and bad ink, a moderate error correction level still stands up to a good deal of abuse before succumbing.

Waterproof paper might be desired:


I ran some notes printed on a Konica Minolta BizHub c360 color laser printer. Used 32lb 100% cotton paper with a tamper evident seal. I put it in my pants pocket and laundered the pants. The entire note was a little beat up especially on the edges but the ink didn't run at all. 100% readable.

put the note in the microwave and the seal got all sparkly and it left a little burn mark on the private key but it was still readable.

I'm looking for other ways people abuse money to see if the notes I printed will stand up to the abuse. I realize no one puts money in a microwave but I was feeling adventurous.

Also, I added the BitPay note to RobKohr's print coins project. I would have added all the notes from this contest but I could not locate layered project images for most of them. I also put aristus's turing note in the print coins project. It's easy to add a new note and the project is on github and I hope people ad more notes cause I love these things. http://printcoins.com



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