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8121  Economy / Securities / Re: How do you invest your bitcoin? on: January 07, 2015, 10:12:29 PM
You dont. PD never allowed to "invest", just-dice did.

Really? Thought they did at one point. I might be thinking of someone else, but Just Dice doesn't sound right.

I am pretty sure. Stunna is so anti "investment" PD would have to be run by someone else in the past, which is not the case AFAIK.
8122  Economy / Service Discussion / Why I did not join the cryptomine.io signature campaign on: January 07, 2015, 09:36:10 PM
While after reading the title you might think you could care less for my personal reasons I assure you if you think about buying hashing power from cryptomine.io you should keep reading.

I was recently approached by Carra23[1] via PM. We had a nice chat whether I wanted to join their signature campaign for cryptomine.io or not. I asked for a day to think about it and used it to dig into the company behind this. I am also aware that I am not the only person that was approached[2] and I dont think there is anything wrong with this. I am in no way discrediting Carra23. This is purely about cryptomine.io as a company.

The following will be somewhat sorted by topic.

### Post address ###

The homepage[3] lists

Code:
    Cryptomine.io
    20-22 Wenlock Road
    London, N1 7GU
    United Kingdom

as official address. Which is the same address as a company called Virtual Office[4] that basically sells addresses
and other services required for shell companies. One of their marketing texts[5] states:

Quote
...a business anywhere in the world can get the full benefit of a central London address.

### domain ###

This section is pretty borring, sorry.

whois cryptomine.io returns:
Expiry 2015-10-11
Owner: Gabriel Sterne
and the address as above

they claim to be hosted in sweden[7]

### removed pictures ###

The humans according to the homepage working for/owning cryptomine.io are:

Sergey Yakovlev
Gabriel Sterne
Aaron Belfer
Eric Rosby
Andrew Lee

They all had pictures[6] next to them, which have been removed after people started digging.

### no pictures of mining hardware ###


Hi can you provide photo about your mining rig ?

Will gladly do so as soon as possible. At the present moment we are not permitted by our agreements with our financial partners to make anything public, cooling equipment, mining rigs, infrastructure or wallets. Our partners also frown upon us going public and offering cloud mining services, but making any part of the operation or technology public would put us in clear breach of contract.
This is why we are trying very hard to separate and become independent as soon as possible.

I estimate that we are going to be completely independent by the end of February and we will be able to post videos and images of our setups and asic boards. It will be worth the wait.

### finance ###

Cryptomine is listed on cryptostocks[8][9] they stopped paying dividends 3 months ago according to the rating (black[10]).
If I understand the page correctly they got 100 BTC here and paid 35 BTC in dividents. I am pretty sure their investors would like to see what was done with the BTC.

### electricity costs in germany ###

I am from germany, thus I know the following statement from their cryptostocks advertisement is bullshit.

Quote
We are operating our ASIC miners in the ”Ruhrpott” area of western Germany. In this highly industrialized zone we obtained access to electricity at prices that are only available to industrial facilities, not to private consumers. We are effectively paying a fraction of the normal electricity costs.

The price for electricity is on the rise[11] due to several reasons which include political decisions. According to newspapers industries with high energy consumption start to produce their own energy to counter this. Thus german is in no way a good place to start running ASICs. Even if you have access to relatively cheap energy, its still high in comparison to other countries.

### 1JAURjs5obKhfhDVsUWHtcDpLufC6JXckf ###

The address 1JAURjs5obKhfhDVsUWHtcDpLufC6JXckf[12] apparently holds their budget as payout from mining[13][14] has been paid from this address as well as the funds for the signature campaign[15].

Maybe someone skilled in blockchain analysis can use this as a startingpoint to figure out if any of the coins have recently been mined.

### CRYPTOMINE SERV LTD 09267160 ###

Companies house[16] offers free information about companies, they only require you to create an account.
The only new things we learn from this is:
- they registered 16/10/2014 ~1 week prior looking for funds on cryptostocks
- they have not been charged (yet?)
- they have not supplied a nature of business
- ERIC ROSBY born 06/12/1967 ist listed as director with the allready known address.
- Statement of capital as of 16/10/2014: GBP 1

Most of this can also be found here[17]

[1] https://bitcointalk.org/index.php?action=profile;u=122354
[2] https://bitcointalk.org/index.php?topic=913725.0
[3] https://cryptomine.io/contact.php
[4] http://www.londonpresence.com/
[5] http://www.londonpresence.com/about-us/
[6] https://bitcointalk.org/index.php?topic=832448.msg9976632#msg9976632
[7] https://www.bahnhof.net/
[8] https://cryptostocks.com/securities/58
[9] https://bitcointalk.org/index.php?topic=326826.0
[10] https://cryptostocks.com/rating
[11] see chart on pg. 15 within the pdf (international/english version) https://www.destatis.de/DE/Publikationen/Thematisch/Preise/Energiepreise/EnergyPriceTrends.html
[12] https://www.blocktrail.com/BTC/address/1JAURjs5obKhfhDVsUWHtcDpLufC6JXckf
[13] https://bitcointalk.org/index.php?topic=832448.msg10025528#msg10025528
[14] https://blockchain.info/tx/25e919bf253a08cacdd13f58ccaca857779151940bca54a57561dd12466a318c
[15] https://www.blocktrail.com/BTC/tx/6f3d073a6ae2b60829972f58ff1b9cadbd5a7efa8e9eda75b18f20cb4750ed20
[16] https://www.gov.uk/government/organisations/companies-house
[17] https://www.companiesintheuk.co.uk/ltd/cryptomine-serv
8123  Bitcoin / Development & Technical Discussion / Re: What kind of hash power is needed to confirm a particular amount of transactions on: January 06, 2015, 07:08:33 PM
Thanks for the answers. I also read this: https://en.bitcoin.it/wiki/Scalability ... I now understand that Bitcoin can handle 7 tps (= 7 transactions per second or max 604,800 daily) and that this does not depend on network hash rate.

This number was calculated under certain assumptions that might not be true in practice. The size of a transaction depends on the number of inputs (formerly received transactions available to be spend) and outputs. Thus the number of transactions that fit into a single block varies.

8124  Other / Meta / Re: Replacing DefaultTrust on: January 06, 2015, 05:53:17 PM
Please bear with me [2] when reading this as I might repeat things others have said, but I binge reply to 6 pages here.


I was thinking about replacing DefaultTrust in the following way:

When users first try to view a topic in a Trust-enabled section, they will instead see this page and be forced to select some users to trust before being allowed to continue to the topic. In addition to the empty text box currently on the Trust settings page, up to 30 users will be suggested.


While I like the basic idea of people creating  their own list, I find this:

Quote
If you don't know any of the users listed, you should pick 10-20 users at random...

very troubling. A new user would have no idea who to trust so why make them select 10-20 users at random?
IMHO its perfectly fine to trust no one in the beginning and start creating your trust list over time. I visit the board almost daily for over a year now and I couldnt pick 10 trustworthy people out of the list, hence my short list I trust. This might be because I am not as active in the marketplace section as others, but consider how this is for someone completetly new, knowing no one.

-snip-
Each person gets N points whenever they are trusted by someone, and loses N points whenever they are distrusted by someone, where N = 0 if the rater is less than a full member and N = [rater's activity]/120 if the rater is at least a full member.

This greatly favours account farmers. While this would be a great idea if we somehow could ensure one account per physical entitiy (human, feline overlord, dog, etc.) anyone can create new accounts, farm the accounts for 120 days and use them to boost trust of a single account. This could even be sold as a service to others in need of a little trustboost. There are probably people farming accounts for sales allready.

I agree with Vod, newbies will probably forget about it when it's set. Perhaps writing up a thread about the trust system and forcing newbies to read it? The text on the current suggest page looks good, but it's important and should be made looking more important.
Maybe a sticky in trust-enabled sections too?

As we allready see people do not read stickies and you cant actually force someone to read something. You can force them to load the page and wait a certain amount of time before clicking something, but they might as well bounce a ball[1] while they have to wait.

-snip-
That's maybe why it isn't good for newbies to choose this. You can and should add people you trust to your trust list.

That requires thinking, something a lot of people find so hard that they won't do it.

Which is fine for them, isnt it? I dont think this board should try (and fail) to force people into anything. People invest in HYIP and Ponzies all the time.

-snip-
If someone only ever uses the checkboxes to edit their trust list, then I will make it so that this doesn't increase the "suggestion points" of the people they select. (This isn't implemented yet.)

I like this, but someone gameing the system would obviously work around this and edit the list by hand.

My major concern is that there are very few people who give negative trust to scammers and potential scammers.
-snip-

IMHO this can be prevented by a good amount (~50 should do currently) of old timers adding those in question (e.g. Vod) to their trust list. Thus the "scam busters" stay on top of the new points system. At least until the shill armada arrives.

-snip-
With the proposed system, each user would need to manually remove TF (in this example) from their trust network which will probably not be updated very often. Users may or may not set a trust network and "forget it" but I don't think they will, as a general rule check places like scam accusations on a regular basis to make sure a new scammer who was previously trusted is removed from their network.

While this is true it also decentralizes trust.

I would say that the people who are trusted by default trust should have a somewhat large trust network and be active in adding (and removing as necessary) users to their trust network.
-snip-
I also think we shouldn't have people like CanaryInTheMine who add everyone and their brother they have ever done business with as this will result in people in default trust network that should realistically not be there.

While I understand your point I see no way to moderate this. You cant encurage people to be active (which can be gamed as well btw) and at the same time punish them if they are over a certain, arbitrary point.

A last concern is one that was touched on before, but not heavily discussed. This system would not be difficult to manipulate, but it would be much more difficult to detect manipulation. One could quietly buy up a lot of accounts then buy a 2nd set of accounts they want to be trusted. The first set of accounts could all have the 2nd set of accounts added to their trust list which would result in them being often suggested for newer users to add to their trust list. More experienced users may not even notice when this is happening because they are not being asked to add new users to their trust list.

Thanks for bringing this up again. As I wrote above you dont even have to buy accounts, but could farm them yourself. 120 days might be worth spending on 50+ accounts for a long con or as a service.
If I may ask: how many accounts do you currently control that could influence this? Just to get an impression how much "power" youd have under the new system. A sum of all activity points >120 would be nice to compare it easily.

-snip-
I think that in this case it actually matters who voted for what.
One could easily manipulate the poll with many accounts; is that right?

They could and I'm sure theymos will take that into consideration and/or look out for abuse.

Theymos stated that only certain votes will count. E.g. no fresh/youngs accounts etc.

-snip-
You cannot automate this.  Nobody can, although many have tried.  Stop wasting (y)our time and pissing people off with these vain high-maintenance attempts.

IMHO this is a valid point. Id still set the default trust list "for the children" and suggest they create their own list as initiation ritual (e.g. after reaching member rank or maybe sr. member rank) which does not suggest any user. Allow any informed Newbie to do set up a list earlier and let those undecided get accustomed with the board first.



[1] http://www.clipartbest.com/cliparts/RcG/7G4/RcG7G4A4i.gif
[2] http://imgdonkey.com/big/VGE1MHlVWg/bear-with-me.gif
8125  Bitcoin / Bitcoin Discussion / Re: Which banks in Europe are bitcoin business friendly & won't close your account? on: January 05, 2015, 09:10:27 PM
Hi Folks

Is there a white list or black list of banks who have been known to just shut accounts because of bitcoin related commerce?

We are about to launch a bitcoin only business and want to have a bank account to use with bitpay and don't want to wake up one day with account suspended simply because we only accept BTC.

What banks are recommended by people that are bitcoin friendly and won't just shut my account 1when they get funds only from bitpay.

To get you started:

Plenty germans had the same problem with their personal bank accounts and praise the fidor bank[1] now, but I personally have to experience with them and I was unable to find an english version of their homepage.


[1] https://www.fidor.de/
8126  Economy / Service Discussion / Re: BitStamp - hacked and down on: January 05, 2015, 07:31:17 PM
-snip-
Sure if I had coins in Bitstamp I would be worried too. IF Bitstamp are telling the truth everything will be ok. Time will tell.

Who keeps his/her coins on an exchange anyway... well


I got a mail from bitstamp:

Code:
Dear customer,

Today our transaction processing server detected problems with our hot wallet and stopped processing withdrawals.

You should STOP SENDING bitcoin deposits to your Bitstamp account IMMEDIATELY as private keys of your deposit address may be lost.

Your bitcoins already deposited with us are stored in a cold wallet and can not be affected.

We will send you more info as soon as possible.

Best regards,

Bitstamp team

as I dont keep my coins on an exchange I didnt bother to login and check.
8127  Economy / Securities / Re: How do you invest your bitcoin? on: January 04, 2015, 12:21:20 AM
How does one invest in Primedice?

You dont. PD never allowed to "invest", just-dice did.

You can actually put money toward their operations and get a piece of the earnings? Or are people using the word "invest" in place of the word "gamble"?

You gamble with the bank and house edge, yes. Doog (runs JD) often said "invest" was the wrong term and gave people wrong ideas.
8128  Other / Beginners & Help / Re: How secure is it to set up a bitcoin node? on: January 03, 2015, 06:18:31 PM
As a node i mean just installing bitcoind on a raspberry pi and letting it run 24/7

You will need >32GB for the blockchain data.

Are there any implications that i have to be aware of? I have not found anything about the security related to the nodes, information is appreciated.

Dont use it as a wallet and you are fine.
8129  Other / Meta / Re: my account is suspended what I can do now on: January 03, 2015, 05:32:07 PM
Irfan_pak11 is my temporary acount
Hi mod

Sorry irfan_pak10, you are banned from posting or sending personal messages on this forum.
Bump spam (5 days).

Please tell me is this bann is for few days or for life time.

Its 5 days.

The ban is for you as a person not only for the account. You can only create a new account/use a different one to ask about the ban. If you post with "Irfan_pak11" elsewhere it might be understood as ban evasion and your ban will be longer.

Please it is humbly request to reopen my account. I don't want to loose it. My all post are really constructive. I don't know which  mistake was committed by me.

Thanks

Link for the lazy: https://bitcointalk.org/index.php?action=profile;u=350580

For the mistake, its listed as "Bump spam". If you want to sell something or have a thread where you offer a service you are allowed to bump once every 24 hours, you should also delete the old bumps. If you bump more than that its considered "bump spam".
8130  Bitcoin / Bitcoin Technical Support / Re: airgap wallet not totally safe? on: January 03, 2015, 05:05:25 PM
To the completeness: https://en.wikipedia.org/wiki/BadBIOS

Quote
BadBIOS is an alleged computer virus reported by network security researcher Dragos Ruiu in October 2013[1] with the power to be transmitted from one device to other across air gaps using ultrasonic communication between a computer's speakers and microphone

No Mic, no problem.
8131  Bitcoin / Development & Technical Discussion / Re: Chances to find HD wallet with fund on: January 03, 2015, 04:27:16 PM
Depends. If you use a simple password such as password1, it could be cracked in a matter of minutes.

OP is talking about seeds, not passwords.

That's why it's best to use a random password such as $!%^%aSPdsfsf!$!$%#$%^. So that an attacker can't simply use an English wordlist to crack the password

That does not look random to me. It looks like you moved your hand across the keyboard from left to right several times. There are lists for all kinds of paterns humans come up with when the "randomly" mash the keyboard.

8132  Bitcoin / Bitcoin Technical Support / Re: bitcoind json rpc getting stuck sometimes on: January 03, 2015, 11:19:08 AM
-snip-
are you running the daemon on a vps?

I have similar issues and I suspect its because I run it on a VPS.

yes correctly, thats why i was asking him.

@shorena: can you post something about the config you were using @VPS (OS, RAM, CPU, HDD).
just out of curiosity: did you have this issue on ubuntu?

Yes its Ubuntu 14.04.1 LTS, with 2GB Ram, single core CPU and 50 GiB SSD. I have no idea which SSD/CPU they use and the ISP changed the offer by now. Its a deal I only got because I study IT/SC at my university. We theyd charge me the regular amount Id be well known to their support by now.

The picture below shows nicely how sometimes the shellscript gethering data from bitcoin core does not finish within 30 seconds. The white spots are unknown values / no data which occure when the script can not finish to feed the database. I thought about giving it more time as it runs every minute, but I dont think it should run that long. I never had this issue on any other machine, but every other machine is also a bare metal one and is not running 24/7 (yet), thus I suspect its because I have a cheap VPS any my priority on the machine is very low.



8133  Bitcoin / Bitcoin Technical Support / Re: Cheapest way to run a full node ? on: January 03, 2015, 10:41:25 AM

That looks really nice. Is there a step-by-step guide how to set up a full node available somewhere?

There is some sort of script flying around for Ubuntu Server but it did not work for me so I did it by hand. Its just an install of bitcoin core and for ubuntu there is a repo, so its not much. You will have no info page though.

-snip-

What program did you use to get those stats?

rrdtool [2] and shellscripts (cronjobs)

details about that can be found here [1]. Its not a step by step, but it should get you started



[1] http://213.165.91.169/whatdo.txt
[2] http://oss.oetiker.ch/rrdtool/
8134  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin blockchain data torrent on: January 03, 2015, 10:26:20 AM
Hello, I just placed bootstrap.dat on the bitcoin core folder, but bitcoincore does not import the blocks, what am I doing wrong?

Is in the same folder as your wallet.dat?
Did you #1 close bitcoin core, #2 copy the file, #3 start bitcoin core?
What OS?
8135  Bitcoin / Bitcoin Technical Support / Re: bitcoind json rpc getting stuck sometimes on: January 02, 2015, 11:56:17 AM
-snip-
are you running the daemon on a vps?

I have similar issues and I suspect its because I run it on a VPS.
8136  Bitcoin / Bitcoin Technical Support / Re: Cheapest way to run a full node ? on: January 02, 2015, 11:40:54 AM
Thanks for your answers. So I'm lead to the conclusion the cheapest option (without much tweaking)
would be to rent out a virtual server. They can be had for a couple of $'s and should
be sufficient ram-wise and traffic-wise (usually at least 50-100 GB/month is included in these
contracts). Did someone try that?

Mine [1] is a VServer (single core, 2 GB Ram, 50(?)GB SSD) and its fine as a node. Its a bit slow from time to time for the analysis of the mempool I want to run, but Im working on another baremetal server at home for that.


[1] http://213.165.91.169/
8137  Bitcoin / Bitcoin Discussion / Re: The Middle East could destroy Bitcoin (if it wanted to) on: January 02, 2015, 11:34:29 AM
-snip-
I struggle to see why anyone would take this post seriously. I was more interested in the power output of the UK vs the power usage of the bitcoin network. A scenario like this is lower on my list of concerns than a nuclear apocalypse, a zombie outbreak or an invasion of aliens. Lighten up

Fair enough, please enjoy your day, Ill go into my grumpy corner.
8138  Bitcoin / Bitcoin Discussion / Re: The Middle East could destroy Bitcoin (if it wanted to) on: January 02, 2015, 09:15:34 AM
Well I enjoyed it so I thought I would do some quick calculations on the UK.
-snip-
Which means the UK would own roughly 99.711% of the network.

Read Dannys post, its sums up nicely all the critical points the calculation misses.

To make it easier:

First, you are assuming that they have enough electricity generating stations to actually make use of all that oil.
Second, you are assuming that the entire population of all the "middle east" countries would all go without using any electricity for any other purpose for an entire day (that they could and would some how exclusively re-route all that electricity simultaneously into bitcoin mining operations only)
Third, you are assuming that there is actually enough mining equipment on the market for them to acquire it all.
Fourth, you are assuming that acquiring that much mining equipment wouldn't create a demand spike that would shoot the price of the mining equipment through the roof to ridiculously high prices.
Fifth, you are assuming that it won't cost anything to actually build mining farms that can draw and make use of all that electricity.
Sixth, you are assuming that they will cut off all exports of oil for at least a full day without any repercussions from any other countries.
Seventh, you are assuming there are no costs or infrastructure issues with getting all that oil to the electricity generating stations in a timely enough manner to make use of it all in a single day.
Eighth, you are assuming that cutting off oil exporting for a day won't create a supply shortage that would shoot the price of oil through the roof to ridiculously high prices, or that such a spike in oil prices won't create an incentive for some of the "middle east" countries to cheat and sell their oil for incredible profits instead of participating in the bitcoin destroying scheme.
Ninth, you are assuming that having 99+% of the hashing power for only one day will allow them to do enough damage to the faith that people have in bitcoin that when they stop their attack on bitcoin exactly 1 day later, things won't quickly return to normal.


That's an awful lot of assuming you are doing there.  If we do that much assuming, I suppose we can just pretend that aliens from Jupiter will see what the "middle east" is doing and will come to earth to stop them and instill peace.  There.  Problem solved.
8139  Bitcoin / Bitcoin Technical Support / Re: Cheapest way to run a full node ? on: January 02, 2015, 09:07:03 AM
-snip-
Would it be possible using a bananapi or cubietruck or something similar? Can you say something
about the "realistic" minimal requirements? I'd also interested in how much traffic this would cause
per month.

Traffic depends on the number of connections obviously. I limited them to 50 a while back.

the last days:



the bussiest days yet:

8140  Economy / Service Announcements / Re: Hashie.co - Cloud Mining from 0.0012 BTC / GH | NEW: AMHash | FREE 10 GH on: January 02, 2015, 09:02:44 AM
Hmm.. logged in and noticed I dont have my free Generation One Miner. My balance was zero. I redeemed the Generation Two Miner and checked the Frostcoins page. My Frostcoins blance was zero too.. Hmm.. wonder where do all my mined BTC went?
Frostcoins were only awarded to users with a paid miner.

-Queen Elsa

I dont care about your altcoins. What about the BTC I tried to withdraw?

Code:
Type	withdraw
Amount -0.01998775
Time 2014-12-30 12:42:32
Withdraw address 1cmJUYr7nsMqbMeZaAg4u44KwQYz5qT2v
Withdraw TXID manual_recovery

What about the gen 1 miners, did they just vanish or have there never been any in the first place?
Why do you waste money on an ARG and annoying songs?
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