The Dremel/Chromium thing is cool,

But I would go lower tech than that if I wanted it to last 100 Years..

Use the paper backup from Armory, that will (should) always work.

Use a Credit Card Size Plaque made of Stainless Steel.

Punch The number set in using an Alphabetic Punch Set
like This;
http://www.sunsetcrystals.com.au/metal-punch-stamping-sets-4mm/


Nail it to the underside of your house, or somewhere that no one is going to be passing regularly.
Make it somewhere you could easily describe to someone, like if you are in an ambulance.

Possibly make a wooden sleeve for it, so its not obvious, or possibly fold in half, so it can't be read by just glancing at it.

The code requires no password, so take care where you put it.

You could cryptically remove or reorganise, but to me, thats asking for trouble.

And obviously TEST THE RESTORE before putting it away and forgetting it.

 

I got two of them that were unconfirmed..

I think they were from the same source as yours...

The source addresses appear to be vanity addresses,

the first address contained the word "enjoy" as your one did
the second address contained the word "sochi"
1SochiWwFFySPjQoi2biVftXn8NRPCSQC

both showed up as "unconfirmed transactions"

This seems like a very hamfisted attempt at spamming, with the desperately obscured message "enjoy" "sochi",
which I assume would be regarding the Olympics which started around the time they arrived..

Although subtlety was never a hallmark of spam, I still have to ask.

Is this a serious attempt at advertising?
Am I supposed to leap up from my PC and switch on the TV?
Could it be a sarcastic message from someone with a grudge?

I assume it is a trial of a Bitcoin spam method....
I assume that with enough power, a vanity address could have up to 10 digits (not sure of exact maths),

I Assume Multiple Payments Could Contain More Complexity... see below

xIxxxxxxxxxxxxxxxxxxxxxxx
xAssumexxxxxxxxxxxxxxxxx
xMultiplexxxxxxxxxxxxxxxxx
xPaymentsxxxxxxxxxxxxxxx
xCouldxxxxxxxxxxxxxxxxxxx
xContainxxxxxxxxxxxxxxxxx
xMorexxxxxxxxxxxxxxxxxxx
xComplexityxxxxxxxxxxxxxx

I assume these messages did not get on the block chain, although I cannot be sure, since I am not a blockchain expert.
Can anyone confirm that?
How many other people got this/these messages or similar

This is just a thought...

... possible deep speculation, but can anyone join these dots up?

The arrest of The BitInstant CEO occurred on Feb 3rd, just before these other issues began with MtGox,
here is the MtGox press Release.

https://support.mtgox.com/entries/26563440-MtGox-Response-to-BitInstant-CEO-Arrest

It seems there has been an increase in regulatory pressure on MtGox since then (starting more or less exactly then).

I am not sure of the exact charges of the BitInstant CEO, or what his relationship to MtGox is, but is it possible there is a link between the BitInstant event and regulatory action against MtGox?

Any ideas? or am I way off?

OMG I thought you were worried about about the Korean Death Fan Myth

http://skeptoid.com/episodes/4287

Theres a weird meme in Korea that if you go to sleep in a room with a fan running, it could kill you.
Exactly why and how remains unclear to this day.

LOL 

The Snowden Defense Fund address now contains more than US$120,000

https://blockchain.info/address/1snowqQP5VmZgU47i5AWwz9fsgHQg94Fa


It is no exaggeration to say that were it not for Bitcoin, it might not have been possible to get him any money.


Without Bitcoin, a repeat of the Wikileaks Blockade by PayPal/Visa/Mastercard would have been likely.
With Bitcoin, such a Blockade would be pointless.


                This is an incredible victory that cannot be understated.


A system of financial Tyranny has been neutralised.
People have LOST WARS for less and thought it was worth it.


To the Entire Bitcoin Community, from Satoshi, to the coders, to the Basement miners,
right down to the confused forum trolls, whether you agree with Snowden or not


               You should all be immensely proud of what has happened here, such victories are rare.



And to the cynical Wielders and abusers of the world financial system.
You made Bitcoin necessary with your systematic abuse, it broke your stranglehold.
There is more to come. Butthurt Much?

The First rule of trade:

"The Seller speaks the BUYERS language" - ancient saying going back to the Phoenicians.

What this means is, as soon as there is a group of people who choose to only pay for {anything} a certain way,
A Group of sellers will adapt to reach that market.

The advantages of paying for these Services/Products with Bitcoin are obvious.

       No surprise recurring Fees.
       Far greater anonymity.
       Much safer generally (example Credit Card Thefts from site, or transaction interceptions by malware).

There are advantages for Sellers also..

       Easy (almost free) setup - at least of basic accounts.
       No money to be spent on CC security compliance.
       Nearly immediate receipt of Bitcoin (rather than up to 72 hours)
       No international financial borders to deal with.
       No charge backs.

From a quick check, it seems there are already quite a few such sites that accept Bitcoin.

In my opinion this is one industry that will adopt Bitcoin quicker than many others..

Thats interesting. Where did you see that?
That would seem to be an important point to nail down.
With the multiple change addresses etc it would seem 100 addresses could be exceeded quite quickly on a busy wallet.

Agree re Armory, there are too many variables with anything else.

@etotheipi
Ah right. Thanks.
Ill edit.
Love the product BTW

Was I correct that the paper backups only use the 26 character alphabet?

For me this a the perfect use for a paper backup.

P.S.
Anyone with Euler in their avatar is OK by Me

Heres my take....

Use Armory, create your wallet(s) etc,
https://bitcoinarmory.com/

Then do a "paper backup" of it.
The backups are "Deterministic" meaning they only have to be backed up once and will always work.

Purchase some some piece(s)/ingots/whatever of stainless steel ....
Something about the size of a credit card would be ideal... but depends how small you can engrave the numbers..
I would recommend getting the best quality steel possible, as you want it to last and cheap steel may have impurities..

These Stainless Steel Dog Tags  $5 each - but possibly a bit small
http://www.ebay.com/itm/Mens-Stainless-Steel-Flat-Blank-Military-Dog-Tag-Pendant-Ball-Chain-Necklace-/121101538317?pt=Fashion_Jewelry&hash=item1c3236d40d

Or maybe a piece of Stainless Steel plumbing like this  $54.95 for 4 of them
http://www.ebay.com/itm/Lot-of-4-NW-KF-50-Blank-Flange-Blind-Flange-Cap-Vacuum-Fitting-Stainless-Steel/271326364659?_trksid=p2047675.m1982&_trkparms=aid%3D333005%26algo%3DRIC.FIT%26ao%3D1%26asc%3D177%26meid%3D3698187346659690298%26pid%3D100009%26prg%3D1088%26rk%3D1%26rkt%3D5%26sd%3D331092260391%26

And then buy something like a set of these (Steel Alphabetic punch set) $18
http://www.ebay.com.au/itm/like/230881776683?lpid=87
It appears the paper backups only use the 26 alphabetic characters, but I have not confirmed that...
 
And spend an hour bashing the backup numbers onto the steel plate/ingot/whatever with a hammer.

Put them in a safe, in the attic, carve a small slot in the top of a door it can slide into,
or even nail them to the underside of your house.

Why Stainless Steel, rather than Titanium/gold/copper/brass/bronze etc etc?

Stainless steel does not rust or tarnish much and has a very high melting point (1500c/2750f)
so its very likely to survive a house fire.
Also its cheap, although that is not really important..

It will outlast anything else I can think of... It will probably outlive you and your money troubles

Hi Guys.

In My Humble Opinion;
The intrinsic value of a Bitcoin is its guaranteed uniqueness.

Each Bitcoin is represented by a (unique) private key.

If you consider each Bitcoin to be a letter in a massive alphabet of characters (21 Million total)
and that alphabet is used for financial communication,

Then we could say each bitcoin has intrinsic value in a similar way the letters of the standard alphabet do.

But the system is more than that, and more than just the sum of its parts.
The question is also.. does the Bitcoin system have intrinsic value over and above the intrinsic value of each Bitcoin.

A Currency fiat note can be forged, in fact most things that can be made can be forged.
I would argue that a Dollar bill has very little intrinsic value, it represents something that need not even exist.

But the factors of a prime number (effectively) cannot.
So the inherent security of each Bitcoin is an intrinsically valuable characteristic of Bitcoin

An important point.
It is easy to get sidetracked thinking that because Bitcoins are made up of data, that they are somehow "not quite real" or "virtual stuff"
Information theory is very clear here.
Information MUST be represented physically (ie as magnetic imprints on a hard drive),
and once that is the case, the data is in every sense as corporeal as anything else.

Thanks

R.

Re Coinjar.io taking time to accept

Most Australian banks will delay a direct transfer between 2 of its accounts for 24 hours,
if it is the first time the first account has sent anything to the second.

Im not completely convinced of the logic behind it, but thats how it is.

Glad to have blown mind - yes that article was from 2008 and it still gets most of my views

http://www.meetup.com/Sydney-Bitcoin/ looks good, as does http://www.meetup.com/Beers4Bitcoins/

Its good to see physical things happening, and trading Bitcoin with people I can sit in the same room with and drink a beer with seems way better than the awkward process for sites like MtGox

As the number of posts on this site show, there is HEAPS to talk about.

Im in Sydney.

Here is a Blog post I did back in May about Mining with 4 different GPUs I had lying around.

http://www.cpubbq.com/2013/05/mining-bitcoins.html   ..

I also kicked myself for not leaving them running once the price shot up, but at 680Watts it was going to cost a bit anyway...