[Some time ago I visited the Bitcoincard site and noticed disinformation:]

I suspect that TBF is becoming too overpowered, because they launched a few projects to get influence over millions newbies. And I don't believe in their good intentions.

First of all I'll tell u how I came to this conclusion...


Some time ago I visited the Bitcoincard site and noticed disinformation:




After a while I met similar disinformation again:




I found it via this topic:




I used WHOIS service to get info about the owner of BITCOINCARD.ORG:




Then I googled "Thomas Holzinger" and found:




The very 1st post showed:




I checked NEFTVODKA.COM and saw "Thomas Holzinger" again:




Skimming thru the topic let me to find links between BitInstant and Erik:




I googled more and found other proof of the link:




I returned back to Bitcoincard:




And read that blog:




Here is the picture at the bottom of the blog:




The same ppl are founders and directors of TBF:




I think that all these ppl (Charlie, Erik, Gavin and the other) are trying to mislead newbies. Bitcoincard is a big step towards Bitcoin popularity. Backed by "Foundation" it will definitely get almost 100% spreading among future bitcoiners. This will let owners of Bitcoincard (mentioned ppl) to "write" any amounts on the cards making bitcoins out of thin air. Then we'll face fractional-reserve banking and other "nice" features of real-world banking system.

We ought to stop this before it's too late.

https://en.bitcoin.it/wiki/Incidents#CVE-2012-3789

Summary: To Be Disclosed

Any ideas where I could get more info? I found only

Unspecified vulnerability in bitcoind and Bitcoin-Qt before 0.4.7rc3, 0.5.x before 0.5.6rc3, 0.6.0.x before 0.6.0.9rc1, and 0.6.x before 0.6.3rc1 allows remote attackers to cause a denial of service (process hang) via unknown behavior on a Bitcoin network.

I suspect that my Bitcoin client hangs due to this bug, so I'd like to know how to reproduce it to fix it by myself.

[I kindly ask any founder of The Bitcoin Foundation to publish addresses that were used to accept the fees. Especially I'm interested in those that were used to accept payments for Industry Memberships.]

https://bitcoinfoundation.org/donate states:

Bitcoin Foundation Accepts Donations in Bitcoins
We believe this is important for two reasons:
1. It represents our strong belief in the value of Bitcoin as a medium of exchange AND
2. It automatically makes the Foundation’s assets public information—allowing Bitcoin users to see how much we have received in donations and emphasizing our commitment to transparency

Membership fees the assets too. And they r supposed to be transparent.

I kindly ask any founder of The Bitcoin Foundation to publish addresses that were used to accept the fees. Especially I'm interested in those that were used to accept payments for Industry Memberships.

PS: Could anyone, plz, quote my request in case I'm put into an ignore list.

So hard to get the opinion of the whole community. Messages r posted faster than I can read. Could u plz vote?

Perhaps u've seen kewl video on http://bitcoincard.org/. It's exciting! Not only quality of the video but prospects too. I opened http://bitcoincard.org/movement.php to know more and saw:

You personal benefits from joining the bitcoin economy are:
1. Paying no transaction fees. Really and truly, zero fees;
2. Sufferng no inflation because bitcoin inflation is impossible;
3. Paying as much taxes as you actually will, beleive it or not;
4. Financial anonymity far beyond the best Cayman Islands can offer.

The very 1st point is a lie. Especially in the end-game when miners r supposed to earn money taking fees.
2nd point is quite exaggerated, inflation is possible. A few weeks ago 1 BTC was 15 USD, not 12 like right now.
3rd point... Anonymity in Bitcoin world is not easy to achieve and every transaction is stored in the blockchain, so if the state decides to get info how much bitcoins a particular person earns it will manage to do this. I don't even mention that without taxes the state will die so it will fight for taxes till death.
For 4th point look at 3rd one. Noone can stand against a beast with trillions of dollars.

What I'd like to say. Even the 1st point ruins the 1st impression about the project. I suspect it was created to scam non-bitcoiners...

As I know Google provides up to 10 GAE applications per account for free...
And Pooler created a Java-based LTC miner, so it's not too hard to mine on a JVM...
And anyone can create hundreds of Google accounts...

...U got me. 

[What Qubic is]

Here is a re-post from http://qubic.boards.net/

What Qubic is
Qubic is a medium of exchange in the Information Age. It is money that can be created, controlled and used by anyone.

Why Qubic was invented
Inspired by Bitcoin and its forks, the author of Qubic began to think of a currency that would have advantages of Bitcoin but would not have its disadvantages. After a while he came to a concept that was named "Qubic".

Where name "Qubic" came from
An idea of quorum-based coins is the core of the concept. These coins are created and controlled by arbitrary nodes on the Internet without any central authority. Name "Qubic" came from acronym "QBC" which stands for "Quorum-Based Coin". The coins are called "qubics" to distinguish them among other types of coins.

What qubics are
Qubics are binary data stored in computers. These data contain information about value of qubics, their public and private keys. A private key is known only to a qubic's owner and is used to prove ownership.

How qubics are created
Qubics are created ("minted") by nodes ("providers") that run special software. Every provider does work necessary for normal existence of the Qubic network. Periodically every provider receives new qubics as a reward for its support of the network and this reward is proportional to quality of provided service.

What service is provided
Providers mint new qubics. They let qubics to be split, combined and refreshed, providers also prevent double-spending of qubics. Splitting is used to split a qubic to ones with lesser values to get specific amount. Combining is used to combine qubics to make them easier to store. Refreshing is used to change private keys, it is also used to stress-test the network to keep it healthy.

How qubics are transferred
To transfer qubics during a trade between parties it is necessary to transfer private keys. After the keys are accepted by the seller the qubics are destroyed and new ones with the same values are created. Private keys of the new qubics are known only to the new owner. Transfer of keys occurs outside the Qubic network (via e-mail or special software), so it is impossible to track transactions made with qubics. Destroying of qubics and creation of new ones is a common occurrence and noone can prove that this happened due to a trade.

What features Qubic has
- Value of a qubic varies from 0.000000001 (10^-9) to 999999999.999999999 (almost 10⁹), it is 9 decimal places before and after the point.
- Supply of qubics is theoretically unlimited. Every provider decides how many qubics it lets to be rewarded to the other providers. In the future the system can come to a state when total value of minted qubics becomes less than total value of qubics lost during the same period of time. (Some loss of qubics is expected due to lost keys and other causes.)
- No fees are supposed to be charged for transactions as they occur outside the Qubic network. Providers obtain qubics by providing the service.
- Transactions can not be tracked.
- Noone needs to reveal theirs real identities to be able to use Qubic.
- There are no "accounts" in Qubic, only "coins" which can be lost but can not be nullified.

Implementation of the concept
The author is working on an implementation of the concept. Constructive suggestions and help in testing are very welcome.


Quick comparison with Bitcoin:

- No fees
- Transactions can't be scrutinized
- Network-bound proof-of-work instead of CPU-bound one is used
- New coins are produced at the rate determined by quorum of miners, not by developers (good ole Greek democracy)
- Coins "look" like real coins (not a ground-breaking feature but a neat one)
- No need to download gigs of data from "a blockchain", every miner is allowed to handle only fraction of the Qubic network
- Transfer of money in Qubic is supposed to be much faster than in Bitcoin
- Qubic is more eco-friendly as it doesn't require a lot of electricity to be spent
- (I'll add more if anything comes to mind)

When BFL ships ASICs, a lot of BTC will be mined during short period of time. And difficulty is not allowed to rise more than 4x times, so next 2016 blocks will be mined fast as well, and next ones too. And a lot of miners will try to cash out to get money spent for the ASICs. Will all this lead to big drop in Bitcoin price? Perhaps it's better to stop hoarding of expensive bitcoins and wait for cheap ones?

I visited http://greenishblue.info/litedice/ and made a bet on "Under 32000". I was supposed to get 1.9662x of my 0.2 LTC (which is 0.39324 LTC), but I got only 0.29324 LTC. I thought that was due to transaction fee (0.1 LTC) so I checked the transaction to be sure. No fee was applied!

My bet tx - http://explorer.litecoin.net/tx/86e1664031ebb947840d0f763226364c694fc2865efb03cc417681e36fad2468
Litedice log - http://greenishblue.info/litedice/86e1664031ebb947840d0f763226364c694fc2865efb03cc417681e36fad2468-1.html
Payout tx - http://explorer.litecoin.net/tx/9d76595d2aa800b69947a13c6e8257efbcebc6bdd1b4084ada46b81750700b72
Block with payout tx - http://explorer.litecoin.net/block/43d64f939746d9c3a72f874a7998f2fd6af92373fb3b908b15b12bbd4c5cfacf

Am I wrong? If not, then be aware of the cheater.

I have real cash in my pocket and I don't need to pay anything to a 3rd party when give money to someone. Imagine we jumped 20 years ahead and now miners get profit only from transaction fees, so it's useless to send any coins without fee. Usual things become quite complicated and this is a problem for housewives. They don't care about technical issues, they just need to give some "cash" to a son so he could buy a dinner in the school...

Any ways to solve this problem?

1. Go to https://usa.wfp.org/farlex
2. Scroll to the bottom
3. Click [Contact Us]
4. Post a suggestion to publish a bitcoin address for donations
5. Donate any amount later

I've already sent such a suggestion. If u do the same we'll make them to add Bitcoin support to their donation programmes.

[not]

Citation from the last conference material (http://shadowlife.cc/files/btcotc.pdf (slide #18)):

We should not try to get legality for Bitcoin, we should not ask the state to resolve conflicts in the community.

What should we do then?

It's impossible to hide IP address when I send bitcoins. I could do it with a proxy, but I'm not sure that the proxy doesn't keep records about me. So any payment can be traced to the origin. And an Internet provider knows physical address of the person whom IP belongs to. Even TOR can be hacked to reveal my identity.

Is there a 100% anonymous way to make BTC payments?

Right now 1 BTC = 11.70 USD on MtGox. But value of 1 USD is changed every day due to inflation and politics.

I've seen topics with discussion "when 1 BTC will worth 1000 USD". But what the point? When this happens 1000 USD could be equal to 5 "nowadays" USD. Any ideas how to determine real value of a bitcoin? I suspect it is 1 BTC. In other words Bitcoin should be used as determinant of "value".

PS: MtGox lets to sell and buy bitcoins but don't u think something is incorrect in this point of view? Let's look at MtGox as a service to buy and sell USD and other fiat currencies for bitcoins. If we change our point of view this way, we'll act accordingly and will likely lead the whole world to the point when Bitcoin becomes the determinant of value.

I don't know why Satoshi decided to limit total qty of bitcoins to 21'000'000 coins. I suspect he made it to tempt early adopters with possibility to become very rich ppl. Now Bitcoin doesn't need such a trick and WE could change the plan. Bitcoin network exists due to hard work of miners and I dislike the idea to halve their reward in the nearest future. Of coz a lot of ppl will be against keeping the reward unchanged. But if these ppl r NOT miners then miners don't need to pay much attention to them. Miners r those who rule Bitcoin.

I suggest other plan. We'll know how many ppl support the idea to keep 50 BTC forever. We'll change the algo in the bitcoin client. When the time for 25 BTC reward comes we'll see which part of the network becomes the winner.

It's time for 1st Bitcoin Revolution...

...because of fractional reserve.

So any assessments regarding price of 1 BTC seem to be incorrect. U can't just divide "world economics value" by 21 million.

Pirate's ponzi scheme is a good example of "perpetuum mobile" that generates bitcoins out of thin air. I mean that 500k debt generated 5k every day, and ppl were selling these coins for 50% of their "value".

PS: Not a divine inspiration, just an interesting idea to talk about.

Join "mtgox" channel using Bitcoin Embedded Chat to talk while trading!

More info - https://bitcointalk.org/index.php?topic=105308.0.

[Bitcoin Embedded Chat]

Few times I faced the situation when it was necessary to discuss some issues with the community (Bitcoin price fall, MtGox down, etc.) Unfortunatelly, this forum is quite slow-paced for such urgent things. Also there was necessity to talk with one person who didn't use Skype... Well. Let's just jump to TL;DR section:

Bitcoin Embedded Chat

It's a chat that could be embedded (with IFRAME tag) into websites or used as stand-alone page.

To join the chat you need to open a page with the following address:

Code:

http://bitcoinembeddedchat.appspot.com/bec?user=Satoshi+Nakamoto&password=12345&email=sn@bitcoin.org&channel=Bitcoin

Replace "Satoshi+Nakamoto" with your name (spaces should be replaced with "+").
Replace "12345" with a password (not necessary).
Replace "sn@bitcoin.org" with your e-mail (not necessary, used only first time, use it if you need password recovery service).
Replace "Bitcoin" with appropriate channel name (not necessary, use long and unique names to setup a secret channel).

Some examples:

Code:

http://bitcoinembeddedchat.appspot.com/bec?user=Satoshi+Nakamoto

Join the default channel without a password.

Code:

http://bitcoinembeddedchat.appspot.com/bec?user=Satoshi+Nakamoto&password=12345

Join the default channel with a password.

Code:

http://bitcoinembeddedchat.appspot.com/bec?user=Satoshi+Nakamoto&password=12345&channel=mtgox

Join MtGox-related channel with a password.

NB: Don't forget to add the chat into Favorites or write down the password, otherwise you won't be able to login with your name again.

PS: I lock this thread to keep it clean for subsequent announcements. Send me PMs with bugs and desired features, please.

I've posted it here to know the opinion of our community. Everyone is able to change the vote at any time as the situation progresses and more info becomes available. Do it, please, to keep the opinion up to date.

PS: For those who is uncertain what "default" means - http://en.wikipedia.org/wiki/Default_(finance).

Matthew, I kindly ask you to stop your trollfest or remove "Editor-in-Chief" of Bitcoin Magazine from your avatar. Yes, I see your disclaimer ("The views and opinions expressed in this post are strictly those of the author. The contents of this post have not been reviewed nor approved by Bitcoin Magazine.") Bitcoin Magazine is supposed to be the face of Bitcoin. An editor is supposed to be the face of a magazine. People from non-Bitcoin world won't read the disclaimer. They will come here, read few first topics (about silly bets), notice "Editor-in-Chief" and leave for good thinking that Bitcoin is something for drug users. Yes, your behaviour makes me think you use drugs.
I hope the community will support me. Bitcoin is such cool thing, I don't wish misbehaviour of some persons ruins its reputation.