Oops. Corrected. It was left over from Tangible Cryptography LOC docs.
great! next question: where can one find your gpg key? Good question. I need to make one. The only GPG Key I currently use is the company key. As this is a private transaction I should be using a separate key. I will generate a new key, upload it to a key server and then have the company key sign my personal key. |
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Oops. Corrected. It was left over from Tangible Cryptography LOC docs.
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Sorry my post was directed to the OP. Without the "finest of good luck charms" the whole deal just falls apart.
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How about I ask you to gamble with 100 BTC. You use your own funds and if you win you deduct your 7% fee and send the rest of my winning here: 1DGoNStqQoGVyf1CvYApNedoPao8yNMfzF
If you lose my 100 BTC I am sure you can just forgive it right given your luck is so good that you should be able to win it back in no time.
Note: my offer is only slightly stupider than the OPs.
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Draft of promissory note: PROMISSORY NOTE
Borrower: DeathAndTaxes (real name and verification provided to creditor)
123 CANT ESCPAE DEATH LANE
CHESAPEAKE, VA 23322
Lender: [LENDER NAME]
Principal Amount: x,xxx LTC
1. FOR VALUE RECEIVED, the Borrower promises to pay the Lender, the principal sum of [PRINCIPAL AMOUNT] Litecoins ( x,xxx LTC), with interest payable on the unpaid principal at the rate of 1% percent per week, calculated weekly.
2. For periods of less than one Month due to disbursement, transfer, sale, or repayment in full, the interest payable on the unpaid balance shall be 0.033% per day.
3. Lender will disburse the principal amount to the Borrower at Litecoin address [DEPOSIT ADDRESS].
4. Borrower will make monthly periodic interest payment to Lender to a Litecoin address [REPAYMENT ADDRESS] or another such address as designated by the Lender in writing to the Borrower.
5. This Note will be repaid in consecutive monthly installments of interest only on the first day of each Month commencing the Month following the execution of this Notes until the Lender has provided the Borrower with written notice (“Notice of Demand”).
6. Upon Notice of Demand Borrower will repay the outstanding Principal amount in full to include any accrued and unpaid interest. Principal Repayment will be completed no later than thirty days after Notice of Demand. The Lender is prohibited from issuing a Notice of Demand during the first ninety days following disbursement.
7. At any time while not in default under this Note, the Borrower may pay some or all of the oustanding balance then owing under this Note to the Lender without further bonus or penalty.
8. Upon Notice of Sale from Lender, Borrow will transfer the Note and all future proceeds to a party designated by the Lender. Lender agrees to provide the acquiring party a copy of this Note, and Acquiring party agrees to be bound by the terms of this note as condition for the sale. The Lender agrees to have all reasonable costs in validating and recording the transfer of sale deducted from outstanding interest owed.
9. This Note will be construed in accordance with and governed by the laws of the Commonwealth of Virginia.
10. All costs, expenses and expenditures including, and without limitation, the complete legal costs incurred by The Lender in enforcing this Note as a result of any default by the Borrower, will be added to the principal then outstanding and will immediately be paid by the Borrower.
11. This Note will enure to the benefit of and be binding upon the respective heirs, executors, administrators, successors and assigns of the Borrower and Lender. The Borrower waives presentment for payment, notice of non-payment, protest and notice of protest.
Borrower:
_______________________________________
DeathAndTaxes
Lender:
_______________________________________
<LENDER NAME> |
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I may be interested for 5K let me know if additional lenders needed
I can use another 5K. Let me know if the promissory note below is acceptable. |
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There is nothing about syncing that changes your passphrase. You can be offline with no copy of the blockchain and encrypt or decrypt you wallet.
Depsite being 110% sure what you think is your passphrase and what actually is your passphrase are two different things. When you copied maybe you copied a trailing or leading space. " password" or "password " instead of "password". You could have NOT copied a trailing or leading charecter(s). "assword" or "passwor" instead of "password".
Does the wallet.dat have any funds (i.e. have your received any coins at any address you control). If not then:
1) Close the client.
2) Delete (or better move it outside the folder) the wallet.dat file. Just the wallet.dat file nothing else.
3) Start the client. It will create a new empty decrypted wallet.dat
4) Encrypt the wallet.dat then immediately decrypt it to ensure you passphrase is correct.
If the wallet.dat does have funds and you can't determine the passphase then you have lost the funds forever. You can redownload the blockchain but it has nothing to do with wallet encryption so it won't change anything.
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hey d&t, i'll lend you 5000 ltc for 90 days.
let me know how you want to proceed, but let's make the deposit address public.
cheers.
I'm in for 5k LTC as well.
Sounds good. I have no issue with public addresses. I will post up a draft of a promissory note for review this evening. |
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I have have never used it that way so you should probably test it. Just use pywallet or a tool like that to grab a key from the keypool which hasn't been "used". Send funds to it and see if the wallet detects it. I would be surprised if keypool addresses aren't checked for balance/transactions though. It would cause all kinds of "weirdness" when an old backup is used if it didn't.
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I think you're referring to a different situation than I am. Having a software company temporarily hire you and accept contracts for you to work on is not lying or fraud, and it's a very common practice. That's all I was saying. I didn't get the impression this guy was looking for someone to lie about anything. When you hire an employee you become liable for their actions. The OP didn't seem to indicate he wanted to actually BE an employee (i.e. held accountable by the employer, employer double check contracts and work, hold wages to ensure employee delivers good work, etc). He just wanted to pretend he is an employee. If the company aids in that deception it is fraud. The company signing the contract would be liable for any damages suffered by clients as a result of the company failure to fulfill the contract. If the company doesn't disclose that the person doing the work wasn't actually an employee then they are also liable for any damages suffered by the client as a result of that misrepresentation. Also any client would be stupid to accept a contract based on a shared lie. If both parties know the contract is false (because OP really isn't an employee) then the contract has no value. Thus it really is only useful for the OP if the company DOES lie. |
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Sounds legit.... Of course there's that pesky problem of fraud. This is not fraud. Well it is fraud and it is incredibly stupid and risky. A contract is a contract. The contract for this unknown third party would be signed by the "parent company". The company opens itself up to unlimited liability for a unknown third party outside their control. For example if the OP stole from a client, delivered substandard work, or ran off with an advance who is going to be left holding the bag? The company who signed the contract like an idiot of course. By reporting to clients that this unknown third party is an employee the company is also lying to the clients. Simple version: "lying for profit" = fraud. The company by making false statements makes it impossible for the client to accurately determine risk. When you make false statements that others rely upon it makes you liable for damages they suffer. Given the cost to from an LLC in most states is about $50, can be done online in about 30 minutes, and you can get a bank account, TaxID, and everything else necessary in about a weekend it doesn't really make any sense. |
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Why import them? Simply set the keypool to a large number (say 2000) and bitcoind will produce them internally.
You can then bulk export the addresses or just grab a new one in realtime using bitcoind "getnewaddress".
I know it doesn't answer your direct question but it likely is a lot more efficient doing it this way.
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Yeah I didn't think of the deniability aspect. Those are good points. I will look into blockchain.info. If they have API support for importing a private key that might work. I guess I could also import the private key directly to MtGox. Just need to check how the confirmations can be tracked.
If it proves popular security could be enhanced by using automated SMS to collect half of the private key. Webform asks for the first x digits of the private key and then displays something like "Text the second half of the private key to 11011". SMS gateway service could relay that to the backend server which combines the key.
Anyways just to be honest up front this isn't a priority right now but it is an interesting idea and will help to improve liquidity so it is something we will implement when time is available.
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I'm not necessarily looking to make a profit; but Bitcoins to trade and spend through out the year. My only loss is actually buying the card/miner seeing as free electricity and what not.
And with these ridiculous exchange rates for the UK it'd probably be cheaper than buying bitcoins in the long run.
Well it won't matter with a GPU. ASICs (and they will come eventually) will drive difficult so high that even with free electricity your GPU will be earning something like a bitcent or two a week. A lot of heat, noise, and wear and tear for something worth pennies. Now if you are a hardcore gamer and looking to upgrade your computer for GAMING and figure you will mine as long as you can (which could be as short as a month and at best maybe three months) that is a different story but buying a GPU for the sole purpose of mining is simply a good way to pile up a bunch of cash and light it on fire. |
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butterfly labs has some SHA256 ASICs that will be released some time in the first 1/2 of December.
Agreed I don't think they are a "scam" but they have a tendancy of overpromising (intentionally to kill sales of competitors). The period of time between Thanksgiving and New Years tends to be low productivity anyways (lots of vacation time, etc). This affects not just BFL but all their partners and suppliers. Delays, holds, and backups are common the last month of the year. I give it more than 50% odds nothing ships until 2013. Your right on GPUs, buying one for mining right now is just horribly foolish. The combination of the block halving and even under most optimistic scenarios (for GPU miners) ASICs will arrive sometime in early 2013. No GPU bought today will even pay for its hardware cost. |
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It was a Monty Python Parrot Sketch reference. ---------> Joke Me  Too early and not enough stimulants in my system yet. |
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Where did you see they are six figures under (as in a net loss of $100K)?
I wish I could say I am surprised. Crypto was pretty good exchange back in the early part of this year. Although their trading interface always sucked and bank wires took too much manual "checking" and "prodding", when MtGox delays went insane (14+ days for bank wire, 30+ days for Dwolla) they were a good alternative.
However around this summer we pull all our business. We had too many delayed wires and the delays got longer and longer. The last wire I made required posting a scam accusation and about two weeks. I knew they were in the long slow death after that. Watching the bitcoincharts you could see liquidity and volume (the lifeblood of an exchange) dry up to almost nothing. When bitfloor ramped up volume in the fall it was the final blow.
I think in the last 30 days crypto probably made ~$100 in trading fees (based on reported volume). A long fall from the second largest exchange. Not really sure what happened. Poor management? Internal fraud? Got hacked and hid it by doing some fractional reserves? I guess we will never know.
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Atlas?
Nah. Atlas uses periods. Yeah and Atlas trolling was more on the "meta" level (the theoretical risks of this, the danger of that person being the lead developer, the conflict of interest in the Foundation, etc). To his (small) credit Atlas showed enough technical knowledge to avoid mistakes like this. No the OP is a "sub-Atlas troll". |
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