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41  Bitcoin / Project Development / Cheap dedicated hosting on: August 01, 2013, 02:15:55 PM
I have the possibility of pursuing the founding of a Bitcoin company that would provide cheap, reliable dedicated server hosting. Prices are as follows:

DS-1:
CPU - Intel i5
Cores - 4 cores at 4 threads
Freq - 3.1GHz
RAM - 8GB
Disk - 2x 1TB SATA2
RAID - SOFT - 0/1
Connection - 100Mbps, 5TB traffic/month
Price - 0.95BTC/Month

DS-2:
CPU - Intel Xeon E3 - 1342v2
Cores - 4 cores at 8 threads
Freq - 3.4GHz
RAM - 32GB
Disk - 2x 120GB SSD
RAID - SOFT - 0/1
Connection - 100Mbps
Price - 1.7BTC/Month

DS-3:
CPU - Intel Xeon E5 - 1620
Cores - 4 cores at 8 threads
Freq - 3.6GHz
RAM - 64GB
Disk - 2x 2TB SATA3
RAID - SOFT - 0/1
Connection - 500Mbps
Price - 2.8BTC/Month


My only issues are:
1.) How to stop Bitcoin users from hosting illegal content and misusing the servers for illicit purposes? I do not want to suffer the legal responsibility and financial loss, for this purpose I will need to screen every user, I can either:
A) Limit every user to a minimum of a 3 month package, this way if he gets caught there is some financial loss on his side and hopefully that will discourage renewing the service under a different fake name etc.
B) Sacrifice the anonymity of every user and call every person up, have a chat, ask a bunch of questions, ask for a copy of government issued documents etc.

2.) Is there a big market for people looking to purchase servers with BTC? Would YOU purchase a server? Would you recommend us to a friend?
42  Bitcoin / Bitcoin Discussion / The fiat system is better in some aspects on: July 28, 2013, 07:46:26 AM
I think what we have noticed is that the people who purchased ASICS from scams using fiat were relatively safe since as soon as they were not delivered they could reverse the payment yet people who paid in Bitcoin were basically screwed, so I think that raises the question of whether the fiat system is superior in some regards, at least currently while the system is failing so many people.

Theoretically speaking, if you were paid 13mil USD in BTC would YOU feel safe storing them on blockchain.info and securing it with your email/yubikey KNOWING that any stolen coins are unrecoverable yet if you stored the very same 13 million on either Paypal (or better yet, a Singaporean bank which has stats that are about 20 times better) and your account got compromised nothing would be lost essentially.

How do you make sure that one of Edward Snowdens bosses doesn't decide to buy his wife a new car and rob you of all your BTC?

One thing that I have learned is that Bitcoin is certainly a promising technology reserved for the future but at the current stage of human development it only has use among the intellectuals capable of independent thought, which is tragically an ever decreasing minority.

Both the masses which are incapable of thinking "for themselves" and only posses the ability to adapt ideas and the masters of conveying ideas who cannot fully comprehend the very ideas that they convey will keep using the fiat system and punishing/robbing those who support the free market.
43  Bitcoin / Bitcoin Discussion / Why do most Bitcoiners seem intelligent? on: July 26, 2013, 02:20:02 PM
When I give a peek to 4chans /pol or reddit, facebook, twitter, pretty much any big community and/or social network people seem to be so ignorant and willing to voice their ignorance whereas in communities such as Bitcointalk (and a couple others which I shall not name) people are able to put together logical arguments, have discussions and view the current events without the glasses with a thick layer of crappy propaganda on them?

Seems that you rarely stumble upon ignorant fools on here.
44  Bitcoin / Bitcoin Technical Support / Sending from address? on: July 14, 2013, 01:07:34 PM
Is there some RPC command I'm missing that sends BTC from a specific address? It would really make life about x100 easier.
45  Bitcoin / Bitcoin Discussion / Disable some rpc commands? on: July 05, 2013, 01:15:15 PM
Is there a way that I can open the port on the specific IP for rpc commands but only allow SOME rpc commands? Seems like this would greatly enhance security.
46  Bitcoin / Legal / Banning and regulating Bitcoin on: June 25, 2013, 01:16:10 AM
Since laws may be passed to render Bitcoin a "currency" and require everyone who transmits it to become registered with the IRS and so on in addition to other human stupidity on the high levels of our social hierarchy that can potentially hinder the growth of BTC, couldn't we fork Bitcoin, leave all the parameters the same and change the name from Bitcoin to Jumpcoin or EscapeRegulationCoin?

There is really no name for Bitcoins which is engraved on them like in centralized technologies so why can't we change it to escape the label of "Bitcoin" or even "Cryptocurrency", they certainly can't make math illegal.

Furthermore even if we create a completely distinct crypto-coin the exchange between the crypto-coin and Bitcoin would be completely effortless in contrast to exchanging the dreaded fiat to either crypto-coin or Bitcoin.
47  Economy / Service Discussion / Gamblers' Lucky Charm on: June 03, 2013, 09:32:26 PM
Lets open a thread where we all share our casino winning experiences.

Just won 2BTC in Casinobit, how are you guys doing?
48  Bitcoin / Development & Technical Discussion / Bcrypt on: June 01, 2013, 10:46:46 AM
I am wondering why hasn't bcrypt been implemented yet? It would make since to sign with different strengths according to an alternative curve that would predict the technological advances. From what I understand current transactions can be broken with a quantum processor within seconds so assuming this technology will be available and you broadcast a transaction one could potentially change the outputs to different ones....
49  Economy / Currency exchange / Looking to sell 220$ worth of BTC via Paypal [Closed] on: May 28, 2013, 02:00:47 PM
Looking to sell via Paypal, trusted members only.

EDIT: Already sold.
50  Bitcoin / Development & Technical Discussion / Sign transaction across wallet on: May 26, 2013, 05:19:53 AM
Say I use the standard bitcoin-qt, how can I sign a transaction with public keys from the currently loaded wallet and other specific inputs from private keys without importing them?
51  Bitcoin / Mining / Stuck transaction on: May 22, 2013, 12:52:57 AM
Please check out:

I have a series of low tx transactions all signed by a previously sent unconfirmed transaction. Is there a pool that would be willing to include them? I will pay whatever as long as it's fair.

I will appreciate some help!  Smiley
52  Bitcoin / Bitcoin Technical Support / Stuck transaction on: May 20, 2013, 10:03:06 PM
I have a series of low tx transactions all signed by a previously sent unconfirmed transaction. Is there a pool that would be willing to include them? I will pay whatever as long as it's fair.
53  Bitcoin / Bitcoin Discussion / Say Bob sends Alice on: May 20, 2013, 02:33:46 PM
about 200 transactions, each transaction has no tx and is signed by the last transaction, will Alice have to wait for a long period to receive the funds? Can Alice speed it up?
54  Economy / Service Discussion / Check if transaction is sent from blockchain.info wallet on: May 18, 2013, 10:52:53 PM
Since it is impossible to double spend and the company is pretty trustworthy how could you determine if a transaction was sent from blockchain.info with the standard bitcoin-qt client?
55  Other / Politics & Society / How do you deal with the thought about taxes on: May 17, 2013, 07:20:00 PM
It's not that I'm a miser that likes papers with heads of dead presidents, I would gladly pay if I knew that the funds were flowing towards education, health care systems, bettering the infrastructure for the future generations or even supporting the weaker demographic, but it's not, all of that money goes to killing people, killing babies, making peoples lives miserable and generally supporting an Orwellian-totalitarian state while waging war across the globe to support the corporations, the greedy military industrial complex selling weapons to both sides through it's freelancers etc.

Do you think Bitcoin will change that? Will it put the governments on a diet?
56  Bitcoin / Development & Technical Discussion / Transaction relay timeout on: May 17, 2013, 10:29:25 AM
Is there any option to set the timeout for a transaction (to delete it) after a certain period of being stuck at 0 confirmations?

It would be really nice because then "frozen" coins would be freed automatically if you are signing a transaction to friend B with the input of a not-so-trustworthy friend A.
57  Bitcoin / Development & Technical Discussion / How to use Walletnotify? on: May 12, 2013, 11:49:35 PM
How do you post or get using walletnotify?
58  Economy / Securities / Trading Shares on: May 09, 2013, 02:43:51 PM
What alternatives are out there and what are the cons/pros? This is my humble opinion I am wondering which is the best/most secure one as of the moment?

BTCT
-Legally registered in Belize which actually might be bad
-Founders are trying to escape liability by claiming "Virtual goods utilized on this site are for entertainment and educational purposes only."
-Could potentially cause a loss of funds and it would be hard to make a case
-Design is bad and hard to navigate
MPEX
-Owner seems to be not the brightest and a loose cannon
-3rd graders HTML
BitFunder
-Lowest 24h trade volume?
-The only normal one?

Are there any cons I'm missing with bitfunder?
59  Economy / Service Discussion / Satoshidice house edge on: May 08, 2013, 04:28:50 PM
How come the satoshidice house edge is currently 80% even though they have been around for so long?
60  Economy / Marketplace / Buying BTC with Paypal on: May 08, 2013, 03:47:16 PM
Hello I would like to purchase BTC with PP, first amount first, registered 2011 and a humble gentlemen that has brought using PP previously.
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