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941  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: September 20, 2012, 06:05:56 PM

Inaba did confirm, see OP:

Quote
Although this may be cause for concern to some, the fact is that we're a robust company with 22 employees.  One of them has a colorful background in offshore libertarianism.  If I thought there was even the possibility of something unsavory going on within BFL, you can rest assured I would a) not be part of it and b) would let everyone know it.


Heh.  Libertarians.  Speak up.  Is mail fraud scamming old people (admittedly the victims being not so bright) in the Libertarian playbook?  I must have missed that chapter.


From what I've been able to pick up out of the playbook without actually studying it, it seems that senile oldsters are weak and it is the place of the weak to be devoured by the strong in order for the world to work as it should.



Been reading Mein Kampf, have we?
942  Bitcoin / Bitcoin Discussion / Re: Can someone briefly explain the different ways how private keys are stolen? on: September 20, 2012, 03:41:56 AM
Your wallet file contains the priv key. If a target PC has been successfully compromised, an attacker will look for your wallet file on the hard drive, possibly with the use of scripted malware. If they find an un-encrypted wallet, they copy this file, access the wallet on their own system and move the coins (if any) to a different wallet.

Blockchain wallets are only as safe as the servers hosting them. Usually they are safer than a typical home user's PC.

The best storage is cold offline wallet. Backup methods vary, it is best to have multiple backups on paper printout, flash, optical or other media, or encrypted cloud storage.
943  Bitcoin / Bitcoin Discussion / Re: Is there a larger known networked computing project? on: September 18, 2012, 02:18:15 PM
Those numbers in the Wikipedia article are from February 2012, computing power has more than doubled since. By any reasonable measure Bitcoin is the largest distributed computing effort by far.

The biggest computing effort in human history: fueled entirely by greed.

Most of the world spends 8-12 hours average a day working to get money so they can eat and have a better life for themselves and their families. Is that greed?

Myself and many others mine bitcoin as supplemental income. I'm making a buck fifty a day mining. Is that greed? Am I greedy for wanting that buck fifty?

If you want to talk about greed, see the banksters and monopoly men. JP Morgan. The Rockefellers. Donald Trump. Warren Buffet. Bill Gates. Those men fit your labeling much more closely. And I am sure they sneer at bitcoin (if they've heard of it).

944  Other / Beginners & Help / Re: What would you do with a million dollars worth of customer data? on: September 17, 2012, 06:57:34 PM
how could i possibly be risking jail time?

One of the nasty side-effects of stealing.

you guys are really looking at this the wrong way...


Its due to people like you that I get tons of shit in my physical mailbox because I wasn't careful who I left my mailing address with.

Its due to people like me that you will be caught eventually, and will pay the price.
945  Economy / Goods / Re: [WTB] Warrior AK27 Sr. Standard stick blades on: September 17, 2012, 04:34:58 PM
bump
946  Economy / Goods / Re: [FS] ◄ Tokina 12-24 f4 DX Canon-mount DSLR lens ► BTC, LTC, PTC accepted on: September 17, 2012, 04:31:58 PM
depends on the camera i guess


Not really, in this case. I'm speaking of optical quality, and lens build quality, which is not camera dependent. The lens is specifically sharper in the corners at large apertures compared to the Nikon 12-24. The Nikon 12-24 is kinda rinky dinky (more fragile) in the way its outer shell is designed.  

In fact, as camera sensor technologies improve, optical quality becomes more noticeable, as any defects are magnified the better the camera resolution.
947  Other / Off-topic / Re: (Poll) US presidential election: who do you hate the least? on: September 15, 2012, 07:31:43 PM
ok fine. Ron Paul.
948  Other / Off-topic / Re: What do you guys think the BFL's/Asics will do to BTC? on: September 15, 2012, 02:22:30 PM

Are you saying you believe the price will collapse to $2? That would be incredible. Very few people would be investing in FPGA or ASIC technology if they believed the price will see $2 again. Instead of buying expensive paperweights, they'd wait for $2 bitcoins and buy them!


It will be relative. 2011 saw BTC go from $30 to $2.50.  2013 may see bitcoin rise to $125 and drop to $5.  I hold 50:50 btc:ltc, so as long as one of them goes up in valuation by an order of magnitude I win.


Its an observation, but the bitcoin market doesn't behave as predictably as people want it to.  The unique factors and market conditions that happened in 2011 to bring it to $2.50 will not necessarily repeat. Especially not with the USD inflation we will be seeing due to unlimited QE3.
949  Economy / Goods / Re: [FS] ◄ Tokina 12-24 f4 DX Canon-mount DSLR lens ► BTC, LTC, PTC accepted on: September 15, 2012, 02:15:06 PM
Why didn't you take the 45 btc offer? Seems reasonable for an off brand lens Smiley


It was under $300 at the time. & this happens to be a very good off-brand lens - it performs better than Nikon's offering for less money.
950  Economy / Goods / Re: [FS] ◄ Tokina 12-24 f4 DX Canon-mount DSLR lens ► BTC, LTC, PTC accepted on: September 14, 2012, 06:36:10 PM
bump
951  Economy / Goods / Re: [WTB] Warrior AK27 Sr. Standard stick blades on: September 14, 2012, 06:35:42 PM
bump
952  Other / Off-topic / Re: What do you guys think the BFL's/Asics will do to BTC? on: September 14, 2012, 06:30:52 PM
........... but likely a collapse will follow of an even greater magnitude than that following the 2011 tanking to $2.

Are you saying you believe the price will collapse to $2? That would be incredible. Very few people would be investing in FPGA or ASIC technology if they believed the price will see $2 again. Instead of buying expensive paperweights, they'd wait for $2 bitcoins and buy them!


953  Other / Off-topic / Re: Fall of the Reptilian Empire on: September 14, 2012, 02:37:05 PM
Reptilian or not, 2012 is real.

I believe in 2012.
954  Economy / Lending / Re: Seeking $2100 Loan (In BTC) - 12 month term, possibly less. on: September 13, 2012, 09:16:20 PM
Do you need more lenders? I'll jump in at 5%.
955  Economy / Goods / delete me on: September 13, 2012, 07:59:17 PM
delete me
956  Other / Politics & Society / Re: I think this needs its own thread: Controlled Demolition Vs. 9/11 on: September 13, 2012, 05:46:08 PM
Notice what is common about all of these subjects? They are:

- The subject is called a conspiracy theory
- The believer insists the government is pulling the wool over our eyes
- The believer insists the event was masterminded by the government.
- The conspiracy requires whole organizations to remain quiet and lie.
- The so called experts are actually a minority compared to the number of real experts in the field
- If you look closely, you'll see careful editing and cutting of the interviews of the experts
- The believer accuses the public for being sheep.
- The believer has a major distrust of the government.
- The believer credits the government for masterminding complex scenarios.
- The believer thinks the government is horribly incompetent (except in masterminding these events).


If you don't think the government is puling the wool over your eyes, maybe that just means.....

ITS WORKING!

 Smiley
957  Economy / Economics / Re: Lost Bitcoins on: September 12, 2012, 11:29:02 PM
Yes the coins are lost forever. No amount of hash-power that we could reasonably posses will ever find all or even a few of the priv keys.

The decreasing number of coins is an issue, and could become a more serious one if a large batch of coins is abruptly (and inevitability) lost.

The fact that bitcoins are divisible will help mitigate the coin destruction. Others will comment further on this.
958  Alternate cryptocurrencies / Altcoin Discussion / Re: Price of PPCoin[PPC] on: September 12, 2012, 11:02:22 PM
PPC value is so in a bubble. 0.0009 btc?

LOL!

There will be 2 billion of them total. Litecoin for example is at 0.0035.

Just do the math.

Anyways happy buying at these ridiculously high prices for PeePeeCoin.

 Cheesy

That's actually only 18 million dollar market cap. When bitcoin reaches a billion dollars, 18m cap for an alt coin will seem reasonable.
959  Other / Politics & Society / Re: 9/11 is the Litmus Test on: September 12, 2012, 07:43:12 PM
To play Big Brother's advocate for a minute, the skin of the planes was made of aluminum. The beams were made of steel. It's conceivable that the aluminum interacted with iron oxide on the beams to produce the thermite reaction, which takes a great deal of heat to activate - easily within jet fuel's capability - but produces even more. Enough, even, to melt those beams like butter under a blowtorch.

Of course, this requires that the skin be essentially powdered, and the beams be very rusty... And still doesn't explain building 7.

Can thermite make itself?

How to make (and ignite) thermite:

You need fine aluminum powder (not a crumpled up airplane skin),
pure iron oxide (not a rusty pillar),
thorough mixing of ingredients (no, an explosion will not do)
precise application. (an explosion is the opposite of precise.)
and finally, a 3000 Fahrenheit ignition source (burning jet fuel isn't close).

Conclusion: Not plausible. We need pure ingredients and ideal conditions.
960  Other / Politics & Society / Re: 9/11 is the Litmus Test on: September 12, 2012, 06:10:02 PM
perhaps you all missed this article from 2005.

Let's use science and reason instead of FUD.



Who cares what popular mechanics thinks? Do you think they are some sort of accredited agency? They sell magazines for a living.



Meanwhile, are you willing to ignore that the co-chairs of the 9/11 Commission (Thomas Keane and Lee Hamilton) said that the CIA (and likely the White House) “obstructed our investigation”?


9/11 Commission co-chair Lee Hamilton says “I don’t believe for a minute we got everything right”, that the Commission was set up to fail, that people should keep asking questions about 9/11, that the 9/11 debate should continue, and that the 9/11 Commission report was only “the first draft” of history.

9/11 Commissioner Bob Kerrey said that “There are ample reasons to suspect that there may be some alternative to what we outlined in our version . . We didn’t have access . .”

9/11 Commissioner Timothy Roemer said “We were extremely frustrated with the false statements we were getting”.



The Popular Science article you linked names the 9/11 commission as an "excellent source" of information (on 9/11).

"The goal of this book..." (Debunking 9/11 Myths) "..is not to tell the complete story of what happened on September 11, 2001. There are numerous excellent sources, including the 9-11 Commission’s report, the National Institute of Standards and Technology reports, and articles in the New York Times and other newspapers that chronicle the attacks in painful detail."

Wake up.
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