Word out was that Omni platform is getting some new project.  Anyone got news on this?  It appears the market at Poloniex https://poloniex.com/exchange#btc_omni is indicating same.  Some pretty big peaks.  Who knows more?

Amazing what kind of activity rides on top of Bitcoin.  I guess Lightning will have good precedence.  Omni is a bitcoin extension platform and now has over $100,000,000 of assets issued on it!  Tether is starting to become very important.  You can 'park' money in Tether when bitocin price is going down.  The 'behind the scenes' is really starting to develop.  https://www.reddit.com/r/omni/comments/5re7us/over_100000000_in_assets_on_the_omni_layer/

Why lock this thread?: https://bitcointalk.org/index.php?topic=1527225.0

That is a really interesting thread.  Despite those being real keys, many, many people keep insisting they are not.  RawDog was schooling them about how private keys work.  So, he is a rude obnoxious idiot with no class whatever, he was actually helping many to gain a better understanding of the network.  Anything that improves the understanding of things like private keys should not be banned from this site.

What is the objective of the administration in doing this kind of censorship?  What exactly are they trying to hide?

For all you that love 'decentralization', it has made a right fucking mess of things.

Basically the open wild, wild west of 'consensus' is causing tremendous problems in the Bitcoin network.  People are not working constructively together to achieve a remarkable new system, but rather fighting like little school girls on Reddit.  This is a damn mess.  We need a CEO and management to direct efforts and align them to reach a goal. 

Is it the case there can be no noble CEO?  I don't buy that theory.

I don't care how dumb you are, you won't be using CoinSource ATMs.  When using an ATM, it is OK to pay a fee.  We expect it.  No problem.  When not at my bank, I have to pay a high fee - sometimes $5.  In the most outrageous circumstance like when out of the country next to a remote village in Africa - $8 - $10.  Stupid fucking banks - they rob you.

Now if you'd really like to get fucked, just try to use a CoinSource ATM.  They sell at $826 / bitcoin today when the spot price is $770!!!  That is a $56 loss on the purchase of 1 BTC.

Who the fuck would do that? 

I'll bet the board meeting at CoinSource is hilarious.  "Well pres, we expected volume to be a little higher.  We didn't think our machines would just sit there all day with nobody using them."  Let me tell you CoinSource, nobody is going to use those machines which are no more than a bad joke.  $56 fee for one BTC?  No thanks. 

Flat fee of $10 is OK.  $56 is just a total fucking joke.  CoinSource will surely be bankrupt soon.  Their volume must be insanely low.  People walk up to the machine, want to buy\sell bitcoin - and leave because it is just a scam. 

Ain't nobody got time for dat!

lol!  Suckers keep falling for this same ol' shit...
https://cointelegraph.com/news/monero-loses-darknet-market-in-apparent-exit-scam

Monero reeked with a stinky kind of bullshit smell from the beginning.  Now, it is clear it is just another clever pump-and-dump.  Another one, just like that other one. 

The bitcoin blockchain is already very powerful.  Private blockchains can't catch up.  The security is far greater with Bitcoin.  Even Ethereum shows why an alternative blockchain is so weak.  The community doesn't like some of the activity on the chain - Bam! Do-over!.  Not possible with a very high secure system like Bitcoin blockchain. 

Advanced system are attaching to the Bitcoin blockchain too.  Over $1.7 million Tether were traded in last 24 hours on the Bitcoin blockchain.  Tether is basically 'dollars on the blockchain'.  You can move dollars to any Bitcoin address you like.  No exchange rate risk.  All that is done without any external chain.  It is 100% Bitcoin blockchain. 

While Ethereum is in big trouble.  The Bitcoin blockchain presses on with some great stuff. 

I hate Blockstream for blocking with DDOS and censorship the possibility of > 1 MB blocks just so their system can become more valuable and make them lots of money as they tax the onramps (via sidechains) to the blockchain.  Fuck them.  Hope they die soon.

But, I do think there is one good argument for small blocks.  A blockchain cancer is Satoshi Dice.  Other schemes which pump the chain full of meaningless transactions are equally harmful.  If we have 1MB limits, transaction might soon cost $.30 - or more.  This would eliminate Satoshi Dice and other bullshit.  If your transaction is worth something, welcome to the blockchain, if not, gut fucked buddy - spam not welcome here.  So, maybe 1MB limit is better.  Maybe paying $.50/transaction is a good idea. 

I understand their dislike of censorship, but will you stick with bitcointalk - or go to the new forum?  https://forum.bitcoin.com/  Do you think they can get critical mass there?

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=Coinbase&FIELD1=AS&co1=OR&TERM2=Cite+Brian+Cohen+or+CoinTelegraph+%28Esquivalience%29&FIELD2=DRTX%2CDETD&d=PG01

Just look at this!!!!  Coinbase claims a "Tip Button"!

This is crazy!  Is this the new Bitcoin battle royal?  The patent office?

[in it to win it]

Well, I guess we no longer need to speculate whether or not Bank of America takes crypto seriously!!!  This just in: MAJOR patent: http://www.pat2pdf.org/patents/pat20150262173.pdf

Basically, Bank Of America wants to own all wire transfers done on blockchain rails.  Wow!

Bank of America is clearly: in it to win it!!  I would not have guessed this.

This is not some obscure patent which barely references Bitcoin like the JP Morgan bullshit - this is a very broad patent squarely directed to a primary function of the Bitcoin system.

Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT?  Maybe this is their way of getting the core devs who can't be 'turned' out of the way.  Mike has been in favor of 'blacklisting' - another tool popular with NSA.  I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags.  Maybe that is what this blocksize thing is really about.

I 've been mining on Eligius with over 50Thash.  I think Luke Jr. is a dick - but didn't care as it was an easy pool to set up.  So I just stayed there.  Now, we have a real issue.  I support XT.  I want to switch my mining to an XT pool. 

Which pool is presently on XT?  I know AntPool is planning on going to XT, but I want to go to XT now.  Should I switch from Eligius and who do I switch too for easy pool mining?

This is what a very cool Bitcoin transaction looks like:

{    
"hash": "fa08429ffc1f8cc219be99f1590d8d94d515635531d9929076e630cda79599c8",    
"ver": 1,    "vin_sz": 1,    "vout_sz": 5,    "lock_time": 0,    "size": 365,    

"in": [
      {        "prev_out":
   {          "hash": "07f0acabb9d1bd5a82be57ef7a8697ec664ea5dec780c1cddf8ca7a62bca91aa",          "n": 1        },           "scriptSig": "304502210085b52beeca88c06883e4e487420f4d788d7114a8e2aa58a5bf30003ed67d2d4a02201 b1dd5676abec65b2feb735bb8b88d6079cb2ff59560480e27167290e6b1141501 03611dc2a57e244ab48a6d1b9bbb8958a0743c002d141def726cd2d2732dd01561"      }    
   ],  

"out": [
      {        "value": "0.05000003",        "scriptPubKey": "OP_DUP OP_HASH160 b76da706eff5571ff4e495b1f842d0dd601fea59 OP_EQUALVERIFY OP_CHECKSIG"      },  
      {        "value": "0.02000001",        "scriptPubKey": "OP_DUP OP_HASH160 b76da7009052c994cb90872887df6fa894e58872 OP_EQUALVERIFY OP_CHECKSIG"      },      
      {        "value": "0.07000001",        "scriptPubKey": "OP_DUP OP_HASH160 b76da70265985ea5a90e6527a76e17925acd6fb1 OP_EQUALVERIFY OP_CHECKSIG"      },      
      {        "value": "0.44200000",        "scriptPubKey": "OP_DUP OP_HASH160 08de6bd04fe5375f3f3a9a5c6132440c63e453a3 OP_EQUALVERIFY OP_CHECKSIG"      },            
      {        "value": "0.04555841",        "scriptPubKey": "OP_DUP OP_HASH160 0cc3ed93022d209d7907939a5be757db143e568c    
   ]
}

Can you post an example of a MultiSig transaction?  How does that look?  

Do all the output addresses have a '3' as their first character?  Can we use vanityGen to make addresses that start with a '3'?

This asshole Lawsky laid a very complex minefield of bullshit http://www.coindesk.com/lawsky-consult-digital-currency-nydfs regulations.  Now, he wants to quit his government job and have you hire him so he can take tons of money from your company to navigate through the mines he laid!!   Please don't hire this guy.  Talk about abuse of a government job.  

Lets say I send some bitcoin to an address in a normal bitcoin transaction.  How many confirmations will it need before another transaction which spends those bitcoins will be accepted by nodes?

Folks, please allow me to give you some nice advice about how the legal system works in the US.  

Bitcoin is a very unique wild new 'thing' with very interesting unusual properties and attributes.  These unusual properties and attributes can enable certain activity which is ILLEGAL!!

Now, since it will take more than 10 years to put into place effective legislation which operates to control bad activity which may be brought about by clever folks who embrace these unusual properties and attributes, the cops need to put some pressure on those who chose to do this stuff.  But the cops don't have good specific laws yet.  However, just because these laws don't yet exist, doesn't mean the cops will let people run wild.  Nope.  Instead they will use the old laws, and with those laws they will put the hammer down early and often.  Not only that, they will put the hammer down hard.  

In this way, they will encourage others to use Bitcoin gently and politely until the effective laws can be devised.  

1) Ross
2) Charlie
3) http://qntra.net/2015/05/deep-web-marketplace-go-betweener-faces-20-years-jail/
4) you are next

Folks, just because it seems like Bitcoin will enable you to do crazy illegal shit without getting caught - you are going to get caught.  And when you do, the penalty is going to be VERY severe.  Don't freaking do illegal shit with Bitcoin!!!

The government doesn't hate Bitcoin.  They aren't trying to wreck it.  They just won't tolerate ANY bullshit from squirmy little nerds who think Silk Road is just clever software.  Silk Road was a massive drug peddling operation.  Your soft characterization of it won't operate to soften the jail time you are about to get.  

Here's the good news: There are 1000s of cool LEGAL things to do with Bitcoin.  Go build a few of those.  

I see everyone saying: "Don't use web wallets!!".  It looks like some people get hacked at Blockchain.info for example.

OK - fine.  So use the miserable BitcoinQt instead.  But where does bitcoinQt store the private keys?  Isn't it just is some local .dat file?  Why can't a hacker easily find that file and copy my private keys? 

It is hard to understand exactly where the private key is kept in each system.

For example:

Armory	key in local .dat file
BitcoinQt	key in local .dat file
Blockchain.info	key in local file; encrypted key sent over Internet
Android wallet Schildbach	key in
AirBitz	?

[very commonly held view]

"There is rightly a huge fear of double spending in the Cryptocurrency sector. What this means, is that a user can spend the same coins twice, or more. A very commonly held view is that if you can double spend digital currency (spend the same coins in store A, then store B, store C, and so on), then that particular system is broken. As this would very likely cause hyperinflation and make the coins in that system worthless if the same coins can repeatedly used in this manner."

https://www.cryptocoinsnews.com/bitcoin-1-banks-0-bank-canada-facing-prosecution/

Holy fuck!  What a bunch of idiots.  I love this part: "A very commonly held view is that if you can double spend digital currency (spend the same coins in store A, then store B, store C, and so on), then that particular system is broken"

lol!  That one gets me rolling.  

I think it is going to be a long time before people begin to understand Bitcoin.  Journalists like these will fuck up the explanation over and over again for about the next 10 years.

In five years from now, New York politicians are going to make some nice concessions - 'to attract bitcoin professionals'.  They will say to each other: "Why did London set up 10 times more bitcoin business than New York?"

Here is the answer: http://www.reuters.com/article/2015/03/18/us-britain-budget-digital-currencies-idUSKBN0ME1XD20150318

Jack-booted arrogant asshole thugs who think they control the world like Ben Lawsky want to know everything about you - including what color your wife's underwear are - before they'll let you operate in their state.  So everyone left.  

Don't believe me?  Just ask Andreas Antonopoulos who stated clearly in his MIT lecture: 'they already left NY'.  Ben Lawsky will go down in history for triggering the avalanche that caused NY to lose the banking sector.   This prediction probably seems somewhat 'over-the-top' today.  I'll bet you a bitcoin it won't 10 years from now.  

It is about time those Guido thieves in New York lose their stranglehold on people's money.  Good riddance to them.