If you bother to study how all these mania's end it doesn't end well, people are hung, and people who got rich, got off scott free,

It all depends how soon you flip, and how  you position yourself as for or against the SCAM

In all human history whether tulips, or south sea bubble, or Mississippi or the gold-rush, bit-coin is the biggest scam in world history, and when this ends the roar will be heard around the world for years,

"How can we protect people worldwide from the Internet?"

How many millions lost their life savings, by getting in debt to buy BTC, or selling real-assets

So millions of people will now demand that GOV makes them good again, that all the BITCOIN PPL are taxed, and forced to pay for this scam,

So where will you be? Will you be hiding, or will you be front and center in the media calling for heads to roll and people to go to prison?

Just curious, there are survivors, but most people are idiots

Take a sinking ship, smart ppl know its sinking very early they get on a lifeboat and get faraway

The idiots first go into denial as the ship is un-sinkable, then they of course perpetuate the myth of the captain that the boat can't sink, and of course the majority being morons, well morons flock together until the end,

Thus the question begs to be asked, do you see your self as one of the idiots holding the bag?

Funny HODL meant a clever at one time, but in the future HODL will mean those that held the shit until it was worth zero ( or very close )

BTC sucks, its doesn't work, and ethereum is worse, 2.0 BTC is not on horizon, and 3.0 isn't even discussed, ppl are too busy talking shit about making money today, and of course nobody wants to 'rock the boat'

Well it was bound to happen, when you world is made up of lies, its bound to fail.

So pray tell us folks, which are you? U going down with the ship, or are you cashing out for another crypto day?

Since New Year a funny thing has happened well for that matter since Goldman-Sachs came out with their derivative futures for BITCOIN, it has gone no where but trading in a very tight window,

On the other hand the alt's, especially equihash like HUSH, .. are up 5X

Hell even the SHIT-COIN either etherum with +70% pre-mined ( almost 4million of  the 4.8 million in circ were pre-mined ), even that dog is up 2X for NY

It's obvious that all cash is now flowing to alt's the NEW MONEY ain't buying BITCOIN.

Z-Classic is up like 20X in a few weeks, what is up with that? There are dozens of same-same shit as this z-coin

Lot's of plays here, our own BITCOIN-Z which is much better than bitcoin-gold and is just waiting to rocket to the moon, when discovered.

Some random thoughts about this business of 'hacking bitcoin', when I say that remember that the same is also done with Ethereum, and all the other cryptos, BITCOIN is most interesting to researchers, because it has the MOST data, for instance the first 3.5 MILLION block of ethereum were pre-mined to the same 'group' ( person ), I mean what's the point of studying ETH? Later post 5M it gets interesting, but below 4M nada, ... but BITCOIN is fascinating the entire block-chain, ...

***

IMHO, having done this stuff for a solid six months after a double hiatus from bitcoin in 2011, and 2013, I have seen very little to nothing come of these types of 'looking for private keys', just hashes in generals that they them selves came from hashes is just shit from shit, you still get shit, a lucky monkey on a type writer can also generate 'war and peace', given enough time.

There are 10k ways to HACK bitcoin, there are a zillion paths to be taken, one must test them all to find that path that works for them, certainly you don't want to follow the 'pack' in this shit, as it will lead you to NO WHERE.

Probably best advice for people serious about this game is ...

1.) Study the C++ code for bitcoin, as none of the docs are real, its all bullshit, only the code is real

2.) roll you own, write your own parsers ( block chain to text, its probably best to do CSV), most of the database programs can-not handle 200GB very well; probably best c/c++ & python; I prefer csv-text, but all the real work is done with bloom-filters so that no text is actually ran during  during production

3.) have many databases that are selective for each mission, one for addresses, one for balances ( short life ), one for public-keys, ... but all the databases have bloom-filters, so you don't need to query a slow server during production, for instance a bloom filter indexed by 'address' but the bit signals value is far faster way to determine whether its useful to analyze and address

4.) Have many bloom-filters for all of the above, searching for the monkey means O(1) search time, you can NOT have just a bloom for address, you need blooms for your rain-bow tables, for your private-key warehouses, for your public-keys, for your ecdsa integer farming, X-Y pairs, R's&S's, k's,  ...

5.) getting back 2, none of the code on github works, I mean NONE, its not maintained, and it will all lead you to dead ends, if a guy actually wrote a 'bot' that harvested valuable addresses and swept those accounts he would NOT give that software away for free, 99% of the shit you find on GITHUB is somebody's dead-end,

6.) study all the papers on the subject, there are 1,000's of well written technical papers on ECDSA SECP256, read them all, write your own sig ecdsa software write your own hash library, vector everything, always place vector check points every few 100 steps so you know everything is working.

7.) there are 1,000's of variables, and it only takes one to generate false-positives, know at all times that all  your inputs are correct,

8.) have a bell or timer set to generate music ( make a sound, don't sit and watch the monitor ), I have a A-G guitar chord set, so depending up what my bots find, they play the different chord sets so that I know the nature of the problem, and the chord set doesn't nauseate people  around the house

9.) I find that hacking BTC is harder than mining ( writing your own mining sw ), but far more interesting, 'mining' is a toy problem, while the 'discrete log' problem may win you a fields medal, big difference between 'hacking' and mining.

10.) Don't be a fool, if you don't have years of experience in programming, cryptography, database, networking, math, physics, then your chance of making any kind of interesting discovery is nil ( or for finding high-val address for that matter, when I say 'find', I mean getting the private-master-key ); Lots of smart people working on this "Discrete Log Problem" for a long time, if it were an easy problem, then it would have been solved, I think some 50 years since computers have been generally available people have been trying to solve this problem by brute-force

11.) like I said there are 10k ways to hack btc, there is the address angle ( have bloom filter for a addresses with value ), the public-key angle, the random priv-key angle, ... the ecdsa pool angle, ... you need to really play around with all until you find a method that works for you, then dive deep and really understand why your succeeding, don't try to do them all, there is too much, just doing the ECDSA can be a full time job for a mathematician

...

Most of this stuff is done for intellectual curiosity IMHO its to much work for the 'get rich quick moron' which are the majority of this board ( over at 'bitcoin talk', I know here at dev is the real geniasses ), its far easier to clone your own coin, start your own mining pool, or exchange, or write 'wallets with backdoors' and rip people off if your goal is to 'steal', most of us when we do find coin, are more than happy to make note of the find to the owner.

It's a vast multi-disciplinary field 'hacking btc', I can see it become a major career path, there are already dozens of masters thesis written on this subject, bound to be many phd's born of this stuff

For the young kid, I can offer no better path than BUTERIN did, first study the BTC source (C++), and master that, then write your own btc client/server in python, and completely understand all, then modify your source so it can output 'data' as you want, ... Most of the 'action' is happening now, most of the easy stuff that is talked about in papers or this forum is what happened in 2014 or earlier, ... unless you write your own client/server that is tuned to study the now, your not going to make 'great' discovery's.

Passive Analysis is still wide open, very little work has been done on the block-chain using machine learning or digital signal processing techniques, but then again like the stock-market, what bitcon did in the past in terms of private-key generation means nothing tomorrow, as the core-devs are constantly hacking the code, and fixing the 'holes', thus to find the new holes, you must stay one step ahead of the core-devs,

So a kid found the backdoor on the INTEL chip, and its ten years old, we all knew that the NSA had a back-door in the chip, most governments on earth don't allow these chips for this reason in sensitive areas,

All the routers and stuff its same, Microsoft has been working with NSA since 1990's, all mobile phones are NSA, hell even PUTIN says "Google is NSA"

So a kid in his 20's busted them we all knew this was a matter of time the Snowden leaks showed this,

BITCOIN is NSA, the white paper is NSA "How to mine a mint"(1996), SHA-256 is NSA,

PPL ask here how does the INTEL leak affect our BITCOIN, well it means that all is fair now, everybody of earth can now spy like the "NSA"

Intel has special instructions for CRYPTOGRAPHY, so they know when your doing crypto, and we knew these backdoors were in the chip;

No worry average person on this forum has 0.05 BTc, not likely a target by the NSA

More interesting is how the chinese/russian hackers will use this new information, its just another vector or path, into the bowels of Bitcoin.

You all have your wallet on your smart-phone (google-nsa), its not like they didn't have you all along, besides they created bitcoin to track&control your spending, your phones  job is your location, and what your saying, and doing

The blockchain is a disaster, there are more ways to lose your money than Las Vegas and that's not even counting trading losses.......
Just look at Cryptopia, they have a support queue of 14,000 complaints and take two weeks to even respond. That's 7,000 people per week who are going to be told they are idiots by support staff and that it's all their fault. Crypto currencies are built to be dangerous and unforgiving, justified by Libertarians who see any problem as individual sovereign risk. If you got it wrong you deserve the consequences. But what do you think will happen when this is unleashed on the masses?

***

Satoshi wrote a paper describing a peer to peer currency with no need for trusted intermediaries.

Sounds like you have problems with trusted intermediaries.

...

Well it does appear the OP put trust, where TRUST doesn't belong. Recall Folks BITCOIN is a TRUSTLESS Environ - Your Supposed to Trust Nobody, and especially the Con-Artists Wallets, pools, and exchanges fleecing the users.

Here I will help OP.

Never use any exchanges or wallets, only use the core sw as provided for all activity, if you mine, write your own miner.

Some +90% of all BTC loss is wallet, exchange, mining-pool, ... etc, ... all 3rd party criminal activity, the OP is right, BTC because of its libertarian 'non-recourse' opinions is a haven for criminals, and thus u have mt-gox, and nicehash, and 100's of ppl where here they'll tell u it was incompetence, but IMHO as a life-long professional sw developer I see 100% criminal activity.

TRUST in an environment of criminals is like taking your virgin daughter to an orgy and expecting her to remain a virgin, its the wild-west and you should know that before entering, there are many signs; Trust in any website, or wallet-sw, or anything outside of the core-dev team is just asking for having your coins stolen.

As an active miner, I can tell u that 99% of all the mining pools are ran by criminals, the trick in this wild-west zoo is to give a little bait to all and figure out WHO to trust, sounds like U already learned a few ppl who not to trust, so your on your way, but don't go back, once someone rips you off don't be a fool and return, and don't waste your time on the phone or email, with a Bangalore call center who have no power to return your stolen money.

Just give out small amounts and test ppl in this zoo.

I was kind of curious the status of looking at patterns of ecdsa priv/pub sig pairs using machine-learning, curious if others here were doing the same, I don't see much in the literature, just curious about what others are finding.

Most of my research is on looking for group-clusters and developing discrete-log algo's, anybody else using ML to do this stuff?

But be aware that any patch that is vulnerable to denial-of-service attacks will be rejected, and I can't think of a way to automatically adjust the block size that wouldn't be vulnerable to some big, anti-social miner (think "jerk with a botnet") deciding it would be fun to artificially drive up transaction volume, drive up the block size, and create a few gigabytes of worthless blocks we all get to download forevermore.

I almost would welcome the jerk - the jerk would help us make the network strong while the window of opportunity is as open as it's ever going to be.  The jerk would be doing us a favor.  He should be charging for the favor.  It's a "stress test".  Everyone knows the current version is non-scalable and will HAVE to be fixed.  So why not fix it sooner than later?

Just like the jerk who exploited an overflow bug in 0.3.9.  We're now stronger because of it.  It was far easier to get a few early adopters to upgrade, than a mass of five million users.

There is a huge amount of non-consensus as to what will happen when the going gets tough.  It would be far better for the longevity of the system to have it happen experimentally than have it turn off a whole influx of users.

A jerk who spams our block chain may very well give us the motivation to start working on scalability promoters like making blocks prunable, or allowing people to run "full nodes" versus "minimal nodes" etc.

No matter how much spam one jerk can produce, real transaction volume is eventually going to eclipse it... that is, if the system will scale to support it.

there are 10k jerks a minute pounding btc right now and you know it, the fact that there are so few failures and complaints of lost coin is amazing,

u already have the 'bch' fork which never met a mod it didn't like, and then core is conservative, but everybody is hell-bent on breaking core, what happened to if it ain't broken, don't fix it?

problem is u all try to make all things to all people, btc will never scale to be a day-trading platform for every 2bit jackass on earth to buy/sell 0.0001 btc orders every millisecond, it would be far better to just let the trading exchanges churn that shit and take a cut on the thrash, as the house always wins,

also this notion that every toilet in India/China/Africa should charge BTC for the 1cent shit and that be a transaction, again they already have that in those country's and its called the cell-phone credit ( a form of crypt cash )

BITCOIN is a bank for rich techies, live with it, and then for those not to lazy to have made the +2,000 BTC forks from the original code, then there too you can create your 'master-piece', the problem is that u want stuff to scale and run like ORACLE, then the problem is you need a Larry Ellison to run Oracle, and now it ain't BITCOIN anymore, its NSA-Oracle;

NSA uses Oracle for their database Ellision wouldn't be a billionaire if not for his CIA-NSA biz, and same reason here big demand to scale up bitcoin so it be the NWO currency, but then again, it wouldn't be BITCOIN anymore if it were run by GOV & VISA assholes

Then in time of course GAVIN and all the 'founders' decide its time that they become the next BILL-GATES of BITCOIN, so then its no longer everybody is a equal node, its a few guys are TRILLOINAIRES and everybody else is a muppet

https://www.zerohedge.com/news/2018-01-03/egypts-grand-mufti-supports-bitcoin-trading-ban

Well it was bound to happen, the cards are now falling, the Russian's and Chinese may have fallen into the 'NSA' NWO order trap, but now its official, the Islamic word has announced that "BITCOIN" is KOSHER.

Make no mistake that Nakamota-SAtoshi is NSA, that SHA-256 is NSA, that ESCDSA 266pk1 was carefully chosen because of its weak property's,

BITCOIN is now the largest PONZI 'Tulip Mania' in Human History, and ISLAM is telling its people not to follow the ZIONIST  'Synthetic Money' off the cliff.

USA ppl don't have any money, so they're out of the question,

The USA is going bust, but they want to destroy the economy's of Russia, China, Japan, Korea, and all ASIA first, so that the USA only man standing, even though the USA is a zombie,

Given that the goal of BTC is to get Russian, Japan, Chinese people to take their GOOD MONEY and transfer it to USA by buying BTC, which is still monopoly owned by NSA, given they're the original owner of all the pristine COIN. There $3 billion USD value of BTC could be taken off the table anytime NSA wishes, perhaps they're moving towards Trillions of ASIA money.

This could explain why AUSTRALIA is moving their people out of BTC, they know, and ASIANS are banned from AUS, so it would be clear that AUS wants to protect its white hairlip communits from the coming BTC collapse. ( coming in 1-2 years, when BTC is cracked and/or breaks )

BTC has gone a lot farther than most would have expected, say north of $20K USD, but most of this growth has been KOREA, and USA constant saber rattling in So/No Korea, and causing people to shift their wealth

..

It just doesn't make sense that CHINA, RUSSIA, JAPAN have not invested in their own serious crypto-currency we pretty much know that all these country's are under BIS-SWISS/TE-AVIV banking cartel, thus BTC could have been signed off as the door to cash-less money, ASIAN never trusted paper money, crypto is new for them, they trust gold, and this explains the constant bullshit about bitcoin-gold, which has gone no-where.

...

NO DOUBT that BTC is NSA, Satoshi Nakamoto is not a real person, its an asia character to make asian's think its from one of their own, funny all faces of CORE on the original team are all cia,nsa cryptographers quite white.

...

Given ASIA has not banned BTC, given they have not offered an ALT, one must ASSUME that they are in on the SCAM to convert people over to a cash-less one world gov, this makes since, given that PUTIN, XI, TRUMP are all kissing each others ass in public, they're all brother in arms for the coming 'new world order'

...

Most of this stuff is not nationalistic,and lots of people in CHINA don't support USA or Taiwan, most chinese HATE Japan, bringing everybody together cuz everybody is getting rich in BTC is highly suspicious,

Normal USA method is promise to all, but break promises to all, people like PUTIN know the USA game, but what does he care, knowing that all who play along become BILLIONAIRES.

Lot's of people in GOV in agency, who play along with this CIA-NSA scam, are traitors to there own country, this is why so many country's other than SINGAPORE/HONGKONG that are not legacy UK-CIA safe-houses are not going along, the banks of course are ALL london-telaviv, so they do as told.

The ONLY redeeming quality of BTC is that it knows no borders, and if you buy pristine COIN, then your anonymous, sadly 99% of the people who play, don't have a clue what they're buying.

It's all a short term game, certainly when the PETRO-DOLLAR collapses, there will be a reset, and BTC may be a lifeboat, but the liquidation of BTC will be RAPID, as it has NO long term life support characteristics, at this point its old code, using old NSA algos that are dated.

https://www.zerohedge.com/news/2018-01-02/everything-you-need-know-about-blockchain-were-too-embarrassed-ask

It's an interesting question.

USA is broke,

CHINA/RUSSIA are rich, their money is real, and they have lots of gold

USA ppl are parasites, and usa is heading to a civil war

So what does USA do? They create the biggest PONZI "TULIP MANIA" in human history, and get chinese/japan/korea/russian ppl to spend all their real money on SHITCOIN, of course the majority of BTC is still held PRISTINE by NSA, just like Ripple, just like Ethereum,

Then at some point NSA/CIA pull the plug, and competitors of USA collapse, not a bad plan,

Is the rulers of CHINA/RUSSIA this stupid?

Why have CHINA & RUSSIA not created their own BTC clones that supersede the wealth of USA's? BITCOIN

Sure CHINA mines BTC, but that has been the plan all along, cheap electricity, ASIC lead in China, a well engineered home grown trojan-horse, and make a few ppl rich, in order to promote the ponzi

Sounds plausible

WE know NSA created BITCOIN, we know they don't want the USA ppl to touch it, tax it hard, we know its wild-west bitcoin in asia/russia/east-europe, all the places USA wants to destroy

So far we have had 3 stages of BTC, birth, growing pains, and rocket-ship

2009-2010 was birth of btc, hackers, crackers & anarchists, tinkered and bought pizza, 2013 was a 2nd layer adoption year, early scammers entered and ran up on new sucker money, and 2017 was third wave, with serious exchange outfits bring in 10's of 1,000's of suckers to fleece

***

The parabolic problem is the real danger point, nothing in human history goes parabolic, without coming back down, ( 2017 btc went parabolic )

There is a real problem with BTC, is that 300+ Billion is capitlized, with no hope of exit, for now its a real nice way to launder and hide wealth for the coming collapse of US-DOLLAR/EMPIRE/GOV, but say the collapse does come and all of a sudden all the HODLER's since 2009 come forward, where r the buyers?

Much of 2017 was an ASIAN trading frenzy, and they're fickle,

The biggest wild-card in my humble opinion will be the inflection point where its common knowledge how to crack ECDSA, then CORE will have to either move fast, or a new-alt will be waiting to take up the flow, but for certain there will be a HUGE exit from BTC

The thing is despite lies and BULLSHIT which is 100% of what BTC is about, the thing is NOT long term secure, NSA doesn't issue public algos where they don't hold the key, they're not going to let this thing stay this way forever, as we go into 10 years, with the same ALGO, and CORE stays conservative, the thing is heading over a cliff

I'm assuming there will be a BTC 3.0, a third party not of core, or ethereum, not Monero, or the z-(coinzionist) family of coin, there must be some new real coin that is secure, and anonymous to become the BTC 3.0, and right now I don't see it out there.

...

Smartest thing to do is diversify into solid secure coin that have known good ppl running them, CORE simply can't keep patching the one-trick pony forever, I don't see a valid BTC 2.0, and 1.0 has run its life cycle, we need to jump to BTC 3.0, but it needs to have NO NSA algo's, it needs to be super-secure and unhackable for another 20+ years

...

BTC block-chain is just a bunch of SHIT glued toether, lots of retards talk about 'math', or other bullshit, or limited coin, but hell there are a 1,000 clones that are ignored that all diminish the value of the ONE CLASSIC BITCOIN

Now that BTC is ten years old, its code is like dinosaur shit, its legs are based on NSA algo's that even the NSA say's are 'dated' The minions just keep marching on based on the MYTH that an anoymous NSA engineer name "NAkamoto Satoshi" was INFALLIBLE, yep right,....

BTC was designed to be hacked, it was designed to create crypto, a cash-less new world order, where gov could control everybody on earth 24/7

BTC was designed so they could PULL THE PLUG anytime they wish, just in time to REPLACE it with a "SUPER GOOD CRYPTO", that they most likely have in the 'waiting'

Given that nobody in the public has created a BTC 2.0/3.0, and given that 99% of the CLONES are just lazy cut&paste copy of btc 1.0 2009 source, it  fairly obvious that BTC 3.0 can ONLY come from GOV, and will never come from open-source community, given that especially most open-source now coming out from the mining communtiy it no longer open, but is compiled and collects taxs/fees on it use, the BTC environ has KILLED the very open-source environ that open-source was supposed to resolve

The early egalitarian nature of BTC is GONE, now BTC is 99.9% day-trading selfish assholes as seen on this blog.

Not much is mentioned, but let's talk about tiers of BTC, most people are buying the 'used' BTC the stuff that trades in exchange over&over, but criminal GOV's are paying 10X for the mined stuff that has no record, you buy it directly from the chinese mining firms and pay cash, no record of it ever being transferred, escrow keys are transferred to new owner, and multiple keys are required, but essentially clean PRISTINE bitcoins that are mined and never used in the blockchain have TREMENDOUS black market value, this keeps the price UP as most new blocks are sold to black-market high price 'investors', where GOV can never know owner, or most likely GOV is the owner.

Second tier is the shit ppl buy with their $100 cash/credit card, normal used bitcoins

The the third tier is the hot-shit that must be tumbled, and mixed in with the used. Say I crack a 1,000 BTC account, figure out its private keys using my favorite ALGO, and I transfer (sweep) those coins into a fresh random private-key/address, but then what? Well I can't cash out, cuz the owner of that $10Million USD is looking for his money back, so what do I do? Well U go to the black-market and you find a BUYER of 'hot-coin', perhaps you only get 20% on the dollar, but still good, new owner can take risk, if its in a jurisidction of friendly GOV, then they can 'launder' the hot btc, or tumble it with exchange coins,  a little guy can't really clean hot-coin, but like HSBC most real money laundering is done by BIG-BANKS, same with BTC, the exchanges and gov-banks can launder the hot BTC,

Just to think about "Not ALL BTC are equal", also note that your btc, may not be worth what you paid, for majority of here doesn't matter they don't BUY a block of 12.5 BTC and paycash on black market, but I think that many ppl are buying hot-coins that are resold to the suspicious exchange sites.

The US DOLLAR is everywhere on earth, traded like paper-gold by the black-markets of earth, hell even North Korean prints US DOllars, they're the best counterfeiters on earth.

Rockefeller wanted a cash-less tracked society back in the 1950's to control ppl, control their banking, and spending, and medical.

Good ppl who work, and then control where they spend, then you control their movement, easy to round up all the human cattle on earth and manage them, not by the whip, but by their own desire to eat, shit, shave, and sleep.

People here talk shit about GOV wanting to destroy BTC, but the fact is GOV just wants to CONTROL BTC, and control how you enter and exit, and where its spent.

Of course in NON ZOG country's they have every interest in NOT supporting NSA-AIPAC coin, but that is another matter, but in ZOG territory, its in every interest of ZOG to manage and let BTC grow and replace paper currency, and eventually the ZOG banks will bring crypt into their fold, and replace the US-DOLLAR with a new crypto.

For now the problem is for the POLICE to learn to track & control how crypto is spent.

But make NO mistake that 'cashless society' has been the plan, since new world order post ww2 when USA confiscated Hitlers plans for new world order, and the NSA-CIA took them as their own.

NAkamoto Satoshi - NSA, since day one

SHA256 - An NSA hash algo used by BTC to hash ( collapse ) all raw data in BTC

"BTC white paper" - an exact copy of a 1996 NSA paper called "How to Make a Mint", printed by NSA in Lawyer journals about how to create a crypto currency, the funny thing is this 1996 paper is +90 % the exact same content as NAkamoto Satoshi paper in 2009.

The biggest assholes on earth is NSA-CIA, the spy and its pitbull, all ran by AIPAC courtesy of ISRAEL's short leash on USA, all western banking and most eastern banking in the world is controlled by BIS in switzerland, which is Tel-Aviv/London, Swiss were first to adopt BTC, and you can use it to buy tickets for GOV trains.

Much denial-denial, about what is BTC.

Then you have the Z-coins, all Israel controlled, then you have Ethereum, which is european banks,

So that leaves what maybe BITCOIN-Z as the only true crypto? That is not under GOV control?

Much of what goes on as "BTC" is just daily urban myths, the same stuff repeated, as if it were true.

What is TRUE is that if you USE BTC, they know it, its just one big experiment to LEARN how to control and manage CRYPTO so it can't be laundered, or spent un-seen.

Sure U have 'pristine' coin ( never used ), then nobody knows U have, but as soon as you ever make a transaction, then you are known, and then its only a matter of a short time, most likely next 2-4 years that those pristine coins get hacked, as the ALGO's to crack ECDSA are quickly enclosing the weaknesses of NSA designed Bitcoin.

So they will close out all pristine coin, and everybody else will be tracked in the world of 'used' BTC, and every place that you exit, will be GOV owned exchange that will tax, and control HOW you spend. GREAT.

What about GOLD, well its great, but these days there are metal detectors where every U go in the world, and its just too easy for a cop to take your gold, and its GONE.

Crypto is a great idea, but what's needed is a PURE CRYPTO that is un-hackable by NSA, and that 100% anonymous, and the coin hasn't even been created yet, even monero is/was a carefully designed coin, with weak ecdsa integers,

As is NORMAL the establishment NEVER lets ALTS go main-stream unless they are KOSHER.

I ran a home-rolled block chain parser last month on ETH, sort of curious about use of addresses,

But what BLEW me away, I had heard much about the 2Million pre-mine, note they are currently at 4.8M,

But what I had a hard time wrapping my head around is that ALL COIN to 3 Million was mined by a single ADDRESS, then its get stranger to almost 4Million, its on average TWO of the same address.

Things don't get interesting on ETH until 4Million there you start seeing 5+ addresses on each block transaction, today of course its much wider, but nothing like what you see on BTC with 3,000+ transactions per block.

So we can say that 70% of all ETH is mined and controlled by TWO PEOPLE, most likely that be BUTERIN & GAVIN, they are notable early BTC developers, but switched over to having their OWN COIN in 2013, and took ETH main-line in 2015

They OWN ETH, but whats most strange is they PUSH this thing called "Proof of Stake" which says "He Who has the most Coin COntrols the Coin", well shit, since BUTERIN&GAVIN have the most coin, they probably fear that post 4Million when its fair, that by say 8Million coin, there is a possibility that +50% of this RUSSIAN MAFIA coin code in theory be pre-empted by little people.

Make no mistake ETH is NOT BTC, ETH is big banker and GOV working with a couple greedy developers to create just another money monopoly.

Everything about ETH is what SATOSHI despised.

PPL who support ETH are NOT crypto anarchists, they 're FIAT PARASITES.

Satoshi started off BTC fair & square, gave plenty of people time to get the sw running, get a node up and mine,

Meaning that there are lots of legacy ppl and distribution of BTC is fair & square.

On the other hand, right now Ethereum is at about 4,500,000 million blocks, almost 5 million, what is interesting is that that the first 3M were pre-mined, nobody talks about this, but its a COMPLETE BULLSHIT RIP-OFF,

Think about this +66% of all ETH are in private hands of the FOUNDER, the same jackass that wants "PROOF of Stake" which means, He who has most makes the rules, well guess who has most? Who will always have most, and nothing else will ever matter?

Lastly, remember this is probably why GOVERNMENTS are in love with ETH ( think Russia ), they look at this and know this is a SCAM that sticks.

[ ok, its really closer to 4.8M right now, but the public really didn't get involved with mining ETH until it was well over 3.5Million, I know because I have written block parsers  have studied this bitch, and I was amazed that almost all eth block are in the hands of the DEV-TEAM )

...

This board is about BITCOIN, and I support BTC, but when these SCAM PPL come to this forum and talk about how ETH is going to kick BTC's ass, just remind them that ETH is a scam.

This is why BUTERIN who cut his teeth on BTC, bailed and went over to Team-ETH, because he knew that he could never "OWN IT ALL", but ETH allows two people to essentially control their narrow crypto universe.

These PPL SUCK

Lot's of good crypto alt shit-coins down+50% in 24 hours, ...
There is definitely panic taking place, this is a major problem of bring in  so many newbs to play crypto, they all herd to the exits nobody has staying power.

PPL will remember much longer that they can lose 50% of their investment than they will think about those who made 100,000% ROI on BUYING BTC earl.

Really sad to see zencash and all down 50%, but then almost all these coins have been pumped for months are are up %1000 , so -50% is hardly a loss

http://www.zerohedge.com/news/2017-12-21/prominent-names-within-crypto-space-cash-out-their-positions

It's game-over, now only the newbs are left HODLING the bag of bitcoin shit,...

Enjoy the ride down newbs,

Honestly, it will go back up to may $1k, so please for god's sake sell out, and buy back when its CHEAP, remember that are 300 Billion USD of hot-money that want to take their profits on this thinly traded 'bitch'.

It's going down for a hard hit, and for those who wait for the come back, it may never happen.

...

So now U have it the BIGGEST HODL WHORES on the block are saying they never knew the JEEBUS BITCOIN GODS, that it was ALWAYS a scam, ...

Hmmm, folks are already protecting themselves from the coming lawsuits,..

Two weeks ago Goldman Sachs took over BTC by way of introducing 'futures trading' which allows major sellers to cover losses when they sell billions of dollars of BTC.

All along it was predicted it would take 2+ weeks for the 'big whales' to figure out the 'futures' deal, and start exiting from BTC, in the past everybody feared a singularity exit would cause a collapse, now with 'insurance', nobody cares if the price drops, as you still get big money from your covered short on the futures market.

In the past 3-6 months many newbie morons have sold their houses, cars, and used the credit-card to BUY BTC, that's always telling when the morons step-in that its' over, and the guys holding this shit since 2012+ are not going to HODL forever.

Some transaction costs now approaching $150 to get out of BTC, it was only a year ago that the 'leaders' of BTC we're talking free transaction fee's for the world and that bitcoin would be the bank of the poor.

Now BTC is just a haven for the rich, and only the rich ( ppl with enough money that losing don't hurt ) can play.

***

Now  to XMAS BTC will go down, next year it all depends how many ppl were HURT and how loud they complain for government regulation to make it all 'even'.

PPL who want to play BlockChain musical chairs ought to find a coin that is out of GOV GAYDAR, and just accumulate and wait/watch.