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9581  Bitcoin / Bitcoin Discussion / Re: How to Create Paper Wallet on: May 22, 2013, 08:46:05 PM
Well bitaddress.org will print the address with the art. But how to transfer BTC to that location is something I do not understand.

Let me put it in other words, when ones goes to bitaddress.org in the print wallet section -- it will generate those paper wallet without asking how much I want to put on it? So what amount is associated with those addresses? Clearly I didn't put anything on them. Try it.

I don't see the problem, go on bitaddress.org and ta-dah, you will automatically have your paper wallet, print it and that is done.

The rest of the tutorial is about spending them with a smartphone.

when you go to bitaddress.org you will automatically generate a key pair.  example:

Bitcoin address:  1HSLPBjJ6UF9hPKmWNtQ3drZgUECZukUxa

private key:  5JZ74h718stdbnDz5Db3Vxksot4MfVfWHccbp3y6Wo6gt2WA4Ph

Of note is the fact that the Bitcoin address is a double hash of the public key, which you really don't need to know from a user's standpoint.

paste the Bitcoin address into your online wallet (blockchain i assume?) and hit send.  make sure you save the private key somewhere safe as that will be needed to access your coins from the Bitcoin address.

edit:  you should ideally generate the key pair from a computer that is not connected to the internet.  you'd do that by going to bitaddress.org and unplugging your ethernet cord from the wall before generating the keypair.  even this won't protect you from preloaded malware.
9582  Bitcoin / Bitcoin Discussion / Re: How to Create Paper Wallet on: May 22, 2013, 08:29:47 PM

The only complex factor here is that getting the privatekey from the publickey is orders of magnitude more difficult.

isn't that intractable?
9583  Economy / Service Discussion / Re: Is Tradehill's Jered Kenna like a Lannister? on: May 22, 2013, 08:27:18 PM
Jered once was the owner of Mtgox. Some money vanished..
Unfortunately, MiniTrue did some work here and details are hard to find.

Then he ran TradeHill - some money vanished..

Do you see a patern?

I wonder what he's doing now. I heard about this company Ripple Smiley

is he affiliated with Ripple?
9584  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: May 22, 2013, 08:12:28 PM
No better way...
9585  Bitcoin / Bitcoin Discussion / Re: The Bitcoin movie, starring... Friedcat on: May 22, 2013, 08:09:05 PM
who is he anyway?  Chinese?  how old?

sponsored by the PRC?
9586  Economy / Service Discussion / Re: Is Tradehill's Jered Kenna like a Lannister? on: May 22, 2013, 07:45:45 PM
he was all over the Conference Center this weekend and supposedly he is in the category of Bitcoin Millionaire if one believes the media.

he should pay you back if he does owe you.
9587  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: May 22, 2013, 07:27:10 PM
Disruptive
9588  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 22, 2013, 07:01:41 PM
we get a +155 ramp in the morning, followed by a -230 dump in the afternoon in stocks.

BITCOIN USERS UNAFFECTED.
9589  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 22, 2013, 06:28:54 PM
nasty ass reversal in gold today rivalling that of just 2d ago.

fun times Smiley

not if you have stops set.

Which is why don't play the paper games or leveraged markets. Physical is better than that in my view.

physical Bitcoin that is.  Wink
9590  Bitcoin / Press / Re: 2013-05-17 Gliph joins Boost.vc, launches bitcoin messaging and payments app on: May 22, 2013, 06:27:05 PM

Coinbase is also centralized, but does not necessarily have your identity information.

i'm almost sure it's a requirement.
9591  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 22, 2013, 06:09:46 PM
nasty ass reversal in gold today rivalling that of just 2d ago.

fun times Smiley

not if you have stops set.
9592  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: May 22, 2013, 06:06:15 PM
tic
9593  Bitcoin / Press / Re: 2013-05-17 Gliph joins Boost.vc, launches bitcoin messaging and payments app on: May 22, 2013, 06:01:09 PM
so you can only connect with other Glyph users?

isn't Coinbase a centralized location with all your identity info?
9594  Bitcoin / Press / Re: 2013-05-18 Economic Policy Journal: 3-Part Report from Bitcoin Conference on: May 22, 2013, 05:46:58 PM
he's right in that i also detected this sentiment among the bigger actors on the panels to capitulate towards regulation.  but what else are they going to say publicly?

certainly if you want to run a biz in the US you probably will have to follow all regs.  but that won't stop the Buttonwood ppl.
9595  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: May 22, 2013, 05:32:07 PM
nasty ass reversal in gold today rivalling that of just 2d ago.
9596  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: May 22, 2013, 05:31:03 PM
rev
9597  Bitcoin / Bitcoin Discussion / Re: US Begins Regulating BitCoin on: May 22, 2013, 05:14:29 PM
this thread should be moved as the title is totally inappropriate and just flat out wrong.
9598  Other / Off-topic / Re: I was offered $550 to say that "Ripple is a Scam." on: May 22, 2013, 05:05:49 PM
Normally I would feel some resentment towards someone who works so hard to bash a competitor, but come on, this is bitcointalk.org
I think it's more of a disgrace that Ripple is using a BITCOIN forum to advertise themselves.
If we were on a microsoft forum full of people who have a vested interest in microsoft products, do you think spam about the benefits of Apple would go over good?
I think it's a matter of maintaining positive image for bitcoin and anyone has the freedom to do so IMO, whether there is money involved or not  Cool  This is a bitcoin forum full of people with a large interest in the bitcoin



Another month old account with a passionate opinion. Okay, so you think this forum should only be able to communicate about bitcoin? Then why do we let alt currencies, namecoin, bitcoin  exchanges, open transactions, colored coins, etc be discussed?

I never said that, but I have noticed a significant amount of bashing of bitcoin from users such as misterbigg, so the war is justified.  It is totally fair that bitcoins can be used as ammunition.  Bring it on.   Cool  

don't forget mmeijeri.
9599  Other / Off-topic / Re: I was offered $550 to say that "Ripple is a Scam." on: May 22, 2013, 05:04:55 PM
Ripple may not intend to be a scam, but they way they act sure makes it look that way. Promising to deal with key elements of their system at some unspecified later time (open sourcing the codebase, explaining their fair distribution system for XRP) is suspicious. And the trust system at the heart of Ripple is ridiculous. Ripple says the current system of banks and credit requires the same kind of trust, but I don't trust banks at all. I trust that I will have legal recourse through the court system if a bank decides to not pay back my deposits. I don't want to have to trust everyone I transact with, and with bitcoin I don't have to.

Couldn't agree with your points more. It seems these points would be obvious enough to anyone who thinks this way to simply not use Ripple until they resolve these issues. What the manipulation attempts then? Is it just a product of a group of angst-ridden teenagers who got rich from bitcoin?

actually we know that it's a product of Jed who sold mtgox right at the wrong time just before it took off to make millions.  i "speculate" that he probably also didn't get rich on the Bitcoin ramp as well.  i don't know about Joel or Stefan.
9600  Bitcoin / Bitcoin Discussion / Re: Let’s Talk Bitcoin Episode 009 - “Bitcoin 2013 Kickoff!” on: May 22, 2013, 04:20:54 PM
This was from Reddit, and my response
Quote
The taint problem exposes a coming political era for Bitcoin, where each miner must decide what to do with a stolen coin. It is a very dangerous transition for us, because we move from a pure consensus of clients based on packets and fees, to arguing about crime reports. Needless to say, crime report collection, verification, and final judging are currently geographically monopolized.
Accept that taint claims will be available, for your use, if you choose; but beware any miner that would block a transaction.
One critical factor in coin theft is information asymmetry. The thief can mix the coins well enough before anyone knows they're gone. Unwitting parties in transaction might bear most of the cost of any coin-blocking movements.
tl;dr: coin freezing bad

That's a really good point about mixing the coins before they're tainted, and given the speed at which that could be possible (fast enough to the point of being considered automated) it seems difficult to deal with.
Perhaps the solution is for legitimate mixer-services to not accept coins that have been transferred within the last say 2-7 days. Shorter would work, but the less buffer you have the more likely the freeze hits an innocent.



the thing you're missing Adam is proving that which is stolen from that which is allegedly stolen.

i could donate 100 BTC to your podcast today.  you might happily then spend that BTC immediately on needed expenses for production and expansion.  i could then come to you a month later and ask you for special favors related to advertising my business.  you would rightly decline from an ethical standpoint.  the disagreement escalates and then i go public accusing you of stealing my 100 BTC via a hack.  after all, i have the private key from the donation address proving it came from me to you.

how can anyone prove who's right?  should those coins be tainted forever?  and should your suppliers be able to ask you to repay with non tainted coins as a result?

So false accusations long after the fact as a means to essentially create chargeback risk?    I see the point, we'll talk about it on the show (once we burn through the backlog a little)

essentially yes.

the other problem could come from combining multiple inputs into a single output of a tx.  

once you combine tainted with non tainted coins into a single address, let's say Let's Talk Bitcoin's donation address  Grin, how do you distinguish btwn them when it comes to you wanting to spend them?  you should check your address; you might be surprised just how many are tainted using blockchain.info.

perhaps we should blacklist your address?  Wink

i could even take it one step further.  let's say i'm a competitor of yours.  i'm a bad guy too and i decide to donate to your address to sabotage it.  what do we do then?  afterall, you must be a money launderer having accepted and spent the coins on supplies.
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