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921  Economy / Services / Re: Sell FIXED MATCH on: April 21, 2014, 08:12:04 AM
Why would you need to sell a fixed match if you could bet on it yourself? You'd be far richer than if you sold it to people here. Not to mention you don't exactly have proof that the matches are fixed, would you care to show us some betting history/proof. Or you could start a short term capping thread/sign a message with the predicted winner and release the hash/address before the match and the actual message after. However, something tells me you won't...  Roll Eyes
922  Economy / Gambling / Re: This is why you shouldn't use martingale on: April 21, 2014, 08:07:24 AM
It's looking like that 64 BTC loss was this player's last bet.  They've already withdrawn hundreds of BTC of profit over the last few weeks.  Maybe they have the discipline required to quit while they're ahead!

Good for them - some people have a lot of luck (at least more than me). That's why I love being the house - don't need to rely on luck maths will help you out. Anyways, I'm not so sure, from what I've seen whales seem to be degenerate gamblers who eentually give some/most of it back before quitting.

By the way, doog just out of curiosity how much do you keep in the hot wallet? Do you have a dead man switch in case something happens to you and Deb?
923  Other / Beginners & Help / Re: Circle Internet Financial - The startup to look out for? on: April 21, 2014, 06:58:40 AM
Circle Internet Financial has attracted a massive amount of seed funding. I have visited their website but their products and services are unclear. What do they do actually?

I looked and found absolutely nothing about them. I wouldn't be too concerned about them, it's not hard to pretend you have funding and if they aren't giving you a clear outline of what their business does you should stay away.
924  Economy / Gambling / Re: This is why you shouldn't use martingale on: April 21, 2014, 06:54:08 AM
Martingale is good in the right hands and if you use the right strategy but it's still dependent mainly on luck. A lot of fucking luck!

The are no 'right hands' or 'right strategy' when it comes down to dice based gambling. Since you have no control over the outcome (ie no skill is required) hence the whole thing is entirely chance based meaning that martingale is just as -EV as any other 'strategy' and will lose in the long term.
925  Economy / Lending / Re: Need 2 BTC. Return 2.2 BTC on: April 21, 2014, 06:51:37 AM
Iam seriously Smiley

It is irrelevant if you're 'serious'. Being 'serious' doesn't prevent you from defaulting on your loan considering your account is new/worthless and has no trust. Only having collateral with a reputable escrow will prevent the lender from being scammed.
926  Economy / Lending / Re: Need 2 BTC. Return 2.2 BTC on: April 21, 2014, 06:30:38 AM
Hello. Please help me. I need 2 BTC
I will return 2.2 BTC in 10-15 days
If you are in doubt or fear, we can use Escrow

This is a guarantee that I can give.

$1,150 Paypal,
1 Million Twitter Followers,
200k Facebook FansPage Likers
150k Soundcloud Play
1 Million Youtube Viewers

Please help me Smiley

Escrow only works when you have collateral. What are you offering as collateral?
You're stats about PP etc are easily faked, I could post right now I have 20 billion twitter followers (physically impossible). This isn't a charity subforum - so unless you have collateral you will not receive this loan.
927  Other / Meta / Re: About my account on: April 21, 2014, 04:27:55 AM
Why is there only one admin? He is not able to cope with all the PMs quickly

Because few people could be trusted enough for the role and since theymos started the forum he is a necessary evil. Remember as an admin he has access to all PMs, account passes, banning etc so if someone wanted to they could cause a lot of damage. Technically Stefan Thomas is an admin but he doesn't deal with this IIRC.
928  Economy / Gambling / Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long] on: April 21, 2014, 03:59:09 AM
Isn't Internet gambling unregulated so therefore it is a dangerous thing or am I wrong?   Huh

Depends where you live. Even if it is regulated where you live it doesn't mean you country is going to be able to anything for you if the company exists overseas and is subject to their laws only. Not to mention they probably aren't going to give you much help considering the transactions are in Bitcoin and not in fiat.
929  Economy / Lending / Re: Micro Loans Available, No Collateral Necessary on: April 21, 2014, 02:26:58 AM
I dont understand why anybody would want to borrow only .02btc. What can you do with only .02btc.

And possibly make a purchase that their only marginally short for. That's about it.
930  Alternate cryptocurrencies / Altcoin Discussion / Re: What best coin to invest? on: April 21, 2014, 12:23:00 AM
IMO don't waste your time with altcoins - stick to BTC and possibly LTC and you should be fine. Just buy some now and come back in ten years when the price has appreciated/BTC is an accepted form of payment. Trust me the rest of the alts are fads; they won't be here in a year.
931  Economy / Gambling / Re: This is why you shouldn't use martingale on: April 21, 2014, 12:18:11 AM
Strange, although it doesn't change anything it's unlike the human mind to decide that after getting a low your best bet is to bet low the 2nd time round. If she didn't change at all that losing streak wouldn't have happened.

I was thinking that too.  And what if that person had started off the other way, they would have won every bet.

Each roll is an independent event. Doesn't matter what she chooses.

Yeah she would have eventually hit a losing streak and lost - even if now she avoided it, it is inevitable and she would have busted. Well at least as an investor martingalers are great as although they may take money in the short term you can guarantee that one day you'll get their whole stack.
932  Economy / Scam Accusations / Re: I buy information about 'mintodev' scammer on: April 21, 2014, 12:11:52 AM
I would suggest you also start a thread in Scam Accusations about this so that he will be flagged if this is true. I'm not exactly sure what doxing him will do, what are you going to do with his dox?

Finally, as a word of advice be sure to use escrow - that way you can guarantee work is done and both sides will be happy.
933  Bitcoin / Bitcoin Technical Support / Re: Forgot my wallet password on: April 20, 2014, 11:03:07 AM
there are some letters and numbers in my passwords that i reuse alot.


If you can remember some of the letters and number present (and in the right order) and provided your password isn't ridiculously long you should be able to brute-force your password. Check here: https://bitcointalk.org/index.php?topic=85495.0

Some of those guys should be able to code you up a solution.
934  Bitcoin / Bitcoin Technical Support / Re: Wallet Import and Security Questions on: April 20, 2014, 10:58:42 AM
1. I want to move bitcoins from a QT wallet to electrum (I know imported wallets cannot be recovered from seed). I want to import just one of multiple private keys. I was under the impression for every private key there were 100 addresses. I don't have that many addresses but I have more than 1 private key. I know how to use QT to dump my private key for a specific wallet address, if I import this into an Electrum wallet and then transfer do I ever run the risk making my other private keys in my QT wallet unusable? I do not want to use the command line but I would rather not expose the entire wallet if I can keep 90% of the balance in cold storage this way.

2. I know electrum wallets are deterministic. Does this also mean that if someone knows an Electrum address of mine they will also be able to determine my other electrum addresses and in turn my entire wallet balance for that electrum seed?

3. I know that using java in your browser is a risk. If it is the only real risk you take is it possible to get a virus from Java script or the recent heartbleed bug/QT version 0.9.0 which could infect the computer's BIOS? Since I cannot flash my BIOS, I am worried about putting the computer online again before flashing BIOS and zero filling the hard drive.

These are real tin foil hat questions for the small amount of bitcoins that I have but if I lose them it will be devastating. My neighbor who I don't trust knows I have some bitcoins and he is a programmer. I appreciate any help

First off I take it you accidentally made a self-moderated thread since you're just asking questions.

1. Incorrect, each private key corresponds only to a single private key. You'll have to import each one that contains a balance in it. Alternatively if you want to take use of Electrum's deterministic system you'd need to send it to one of the generated address rather than importing as imported keys aren't restored from seed.

2. It doesn't matter if they have your address - it's designed to be public and shared. What you don't want to is to expose the 12 word seed (e.g eat burgers potato nuggets etc) as all the addresses can be determined from there.

3. Java =/= Javascript - they are completely different things that have different features and functions. As far as security goes, being paranoid is good but it's a lot of effort. For most people making sure to scan their stuff with an AV and not clicking random links plus having an encrypted wallet is enough. For those worried about leaks in RAM then they may use a cold storage solution but it is a bit more effort.

Best advice is to keep you're wallet encrypted. No one not even the NSA would be able to bruteforce the encryption hence you'd be fine (except if there's a hole in the implementation - but there are bigger concerns if there are).

If you need any more help feel free to ask.
935  Economy / Service Discussion / Re: Bitcoin Calculations? on: April 20, 2014, 03:58:01 AM
I look forward to opening up an account(https://bitsimple.com/) recommended by 'Danny Hamilton' who I hope to be my new found buddy on this site.  He was the 1st to respond to me and he's very intelligent-minded.

Agreed, DannyHamilton is IMO one smart cookie.

My ?uestion, is there such an account out there that display's BTCitcoin conversion to help new users understand BTCitcoin numbers?  4example, I don't understand all of this 0.01, 0.0123, etc...0r will I learn on my own just by selling my BTCitcoins & seeing how much is gained/lost?

There is no per se conversion as they are all in Bitcoins. Just like how $0.01 is 1 cent so too BTC0.01 is 10mBTC. If you need to learn the common phrases you can find them here: https://en.bitcoin.it/wiki/Units

I'm not sure if that's what you're looking for, but feel free to clarify.
936  Economy / Gambling / Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long] on: April 20, 2014, 03:51:14 AM
Everyone needs to stop hating on the Captain of Industry who ran Coinbet. Caveat Emptor bitches.

Being an idiot and falling into scams doesn't justify people who run scams. Last time I checked, fraud and theft is both illegal and highly unethical in the society we live in. In such a case, I'd see no reason why they wouldn't be right in 'hating' on Coinbet.
937  Other / Off-topic / Re: No punishment for her....Why the F*ck Not? on: April 20, 2014, 03:45:30 AM
I would straight drown that girl. If I even came up and saw something like that its for sure I'd be in jail that evening. I don't understand how people can abuse poor defenceless animals like that. That girl has some serious mental issues.

Drowning her would make you no better than her. IMO it's not right for people to get away with this without a punishment - but the consequences must fit the action. In this case, I'd settle for a combination of prison time and mental health therapy to correct any mental issues that she does have. The question though is where to draw the line, if we assume all life is equal then many people are guilty of killing ants and would get the same punishment as killing a human which for most wouldn't make a lot of sense.
938  Bitcoin / Mining speculation / Re: $30,000 on mining or spent on buying coins? on: April 20, 2014, 03:38:35 AM
Buy BTC. No doubt about that. I've been mining with ASICS since October (mined with GPUs before) and if I had bought coins instead, I'd would made twice the profit...
And dont take too long cause the price seems to be going up...

I would generally agree with this statement. If you're mining then you'll have to cash out to fiat at some point to pay for the electricity which means if the value of BTC goes up you'll have benefited less than you would have if you outright purchased BTC. If the price goes down, you're miners will effectively earn 'less' and you'll still have to convert BTC albeit more and you'll have less BTC holdings. Fundamentally, if you're looking for a profit you'd be better off buying rather than mining unless you're sure that you're getting efficient miners and cheap enough electricity to warrant it.
939  Other / Beginners & Help / Re: Please explain a simple concept regarding paper wallets on: April 20, 2014, 03:27:01 AM
Thanks for the explanations! All are incredibly helpful! I finally get it, and wow, that's genius! I admit, I think bitcoin has a lot of issues (learning curve for the dumber folk like me being one) but this is an awe-inspiring innovation nonetheless.

No problems. I personally found trapdoor functions (elliptic curves) in current cryptography to be rather fascinating especially considering it forms the basis of all cryptography (including Bitcoin). If you have any other questions feel free to ask/drop me a line.
940  Other / Beginners & Help / Re: Please explain a simple concept regarding paper wallets on: April 20, 2014, 03:12:15 AM
The public and private keys are both generated offline. So even before I generated the wallet, this public address already exists and coins can already be sent to it?

This public address is simply an identifier that does 'exist' even without anyone having a private key. For example, you could send coins to 1thisaddressdoesntexist but in reality it's highly improbable that someone will have the private key corresponding to that address to spend coins there.

Simply because I am the one who holds this particular private key that is associated with the public key? If so, what is preventing someone else who is also creating a wallet at the same time from generating the same keys? Just mathematical improbability? I think this is what I really don't understand. Thanks all!

Basically, you generate a private key and from there it undergoes a few mathematical functions (trapdoor functions to be specific) to produce a public key. They are linked together. From a private key one can work out an address, but with an address one cannot work out a private key (hence trapdoor function - google them, they form the basis of cryptography).

It is incredibly improbable. You'd be more likely to win the lottery 10 times in a row then having an address collision.

Quote
Statistically speaking, unless the protocol changes to accommodate more decimal places, only 2.1e14 addresses could contain at least one Satoshi, and that's only if everyone only had one Satoshi. If anyone has more (and pretty much everyone who has any has more than one Satoshi), then there are fewer occupied wallets.

Within the set of 2256 private keys, they only map to 2160 unique wallet addresses. So the question is how does 2160 compare to 2.1e14? One in a million? One in a trillion?
The answer is one in 6.9595 decillion. Since "decillion" isn't a commonly used word, I'll save you the bother of having to look it up: it's a one with 33 zeroes after it.

To put that 6.9595 decillion figure into perspective: The Earth has a diameter of 12,742 kilometers, giving it a surface area just shy of 50 million square kilometers. A square kilometer is 1 million square meters, and a square meter is one million square millimeters, meaning the surface area of the Earth, in millimeters, is just shy of 50 quintillion mm2.

So here's the game we'll play. I've got 140 trillion earth-sized spheres. On one of them, I have randomly selected a single square millimeter as the prize winning spot. Find it, and you'll get to spin the prize wheel to see how much you've won. The prize wheel currently has about 22 million spaces. 21 million of them contain less than a dollar. But you only get to spin the wheel if you can find the secret spot on the secret sphere.

Wanna play?
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