Bitcoin Forum
May 10, 2024, 10:33:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Hardware wallets / Trezor Compromised? Broke? Help! on: August 25, 2015, 06:34:32 PM
Frankly, I know this is impossible... yet I just can't get my head around it as it seems to be the case (as far as I can see.)

Perhaps someone else can work it out, because I sure can't.

I have about 3.1 or so BTC in a Trezor... or at least should.

the majority should be at this address and somewhere in the region of 2.8+ or so: https://blockchain.info/address/15A6kTYaoTBdT4acEqUKWsJDYGAdBocDP7

That address is saying I only have  0.428 BTC. But my total Trezor account is saying different (see image below)... and there are only three addresses on it. The transaction of 2.069 BTC at the above address I never made - I don't even have those addresses in my multi-sig that it was sent to - and it's not recorded on my transaction list either - see pic below.

Between the other two addresses there is only about 0.27 total (give or take)

On blockchain, it looks to have occurred on the 23/8. Yet look on my transaction list screen shot at the 23rd. Nothing. No record of that at all.



Can some one please explain this to me? A large chunk of my BTC has just gone???
2  Bitcoin / Bitcoin Discussion / September Stress Test Schedule 30 Day Backlog on: August 25, 2015, 11:11:21 AM
I've not seen this mentioned on the boards but if it has been, feel free to get it merged.

I just came across this article that says CoinWallet will be f***ing around with the network this September. To be quite honest, I at first thought it was satire. I mean, why would you alienate so many potential customers? I certainly won't ever be using them now.

http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981

Here are a few (f***ing unbelievable) quotes from a CoinWallet representative:

"Each of these transactions is for a total amount of 0.0002 BTC (including miner fees), meaning that with my 150 btc that is currently in this state, I will be crafting 750000 transactions, or 2321 blocks, or a 16 day backlog."

and for there next trick,

"These 20 servers push approximately 1 transaction per second. The plan is to fill them up to 50-100 Bitcoin in total. In theory, if all things go as planned, we will create a nearly 30-day backlog."

But apparently you shouldn't worry, because...

"Of course, this won't cripple Bitcoin entirely. Those who are smart enough to increase their fees will still manage to push transactions through. However, it will make it prohibitively expensive, and will likely render most standard wallet software, ranging from Multibit, to Mycellium, Blockchain.info and others completely worthless."

They do have some XT reasoning at the bottom of the article, but it looks like an afterthought excuse if you ask me, and even if they did have a good reason, they don't have the right to affect the whole system.
3  Economy / Speculation / Bitcoin Goes Below $200 on: August 25, 2015, 01:07:54 AM
Just sitting there watching the price on coindesk it went down to $197 quickly, then jumped up again. I know Bitcoin's been there before (and lower of course) but I wonder what other people's strategy now is.

For myself I don't feel too bad, whenever the price lowers I just think it's a good time to buy more. But during this time and up to 2016 what with forking and halving, it's hard for me to know what price to buy more at, I mean, $200 could be great, but $150 is even better... below $100... Bitcoin becomes more shiny for me.

So I guess my question is what's your buy in large price? That price where you'd buy at least ten Bitcoins (I realize 10 Bitcoins @ $100 is probably not large for some people, but you can use your own metric.)

 
4  Bitcoin / Bitcoin Discussion / Bank of England Releases Report Digital Currencies (aka Bitcoin) on: August 20, 2015, 06:25:20 PM
I'm no big fan of the Bank of England, but this report is interesting. They are basically saying digital currency/Crypto/Bitcoin is better than gold.

http://www.bankofengland.co.uk/research/Documents/conferences/ah0515.pdf

A few bullets:

• Digital currencies as a new form of (token-based) money
– They are money (in all three functions) for at least for some people, and potentially
for a great many more
– Their monetary regimes are based on hard money (harder than the gold standard),
with all of its corresponding problems
– New tokens go to operators of the payment system

and,

• Digital currencies as a new payment system
– Distributed: greater resilience, no central control, a coordination problem
– Pseudonymous (and possibly anonymous)
– Push-only (no ‘direct debits’): payments are final and cannot be imposed
– Individually cheap, but socially expensive (but this could be fixed)

On distributed payment systems,

• Payments are direct and ‘push only’
• Pseudonymous (possibly anonymous)
• No centralisation
– (Massively) increased resilience
– No central control of who pays whom
• Massively reduced counterparty risk
– Final settlement in minutes or seconds
– Therefore less (or no?) need for collateral
• No single ‘master’ ledger
– How do (potentially untrusted) parties
agree on the validity of a transaction?

on Bitcoin:

• The prices of digital currencies have
been extremely volatile

σ(BTC/USD)
= 17
x
σ(GBP/USD)
• But the more important point is that they
have, and continue to have, a non-zero
value at all
• This seems to be self-sustaining order
without any state backing

and,

• Transaction rates are extremely low, but
definitely non-zero
• Many companies ‘accept bitcoins’
– Probably several thousand worldwide
– Includes Dell, Microsoft, Expedia, etc.

Anyway, there's a lot in there and I recommend everyone takes a look at it. It's quite big news.

First saw this mentioned here: http://cointelegraph.com/news/115155/bank-of-england-says-digital-currency-is-harder-money-than-gold-nigerias-bank-calls-for-bitcoin-regulation

Note: I just noticed this report is dated 19th May 2015. No idea if it's just been released or if this is old news. Sorry if it is. Coin telegraph states that it was published on August 19th.
5  Bitcoin / Bitcoin Discussion / Greece to Receive 1,000 Bitcoin ATM's on: August 18, 2015, 02:22:26 PM
Interesting development. Curious as to how it might affect the price of Bitcoin when the ATM's are in place. I worry the Greeks don't even have much money left to purchase Bitcoin now. I mean, being able to buy food comes first.

Will Greek law and their government allow these ATM's? If the government can close your bank account down and take your money, you have to wonder.

'Bitcoin service provider and exchange Cubits has partnered with Greek bitcoin exchange BTCGreece to install 1,000 bitcoin ATMs and help small and medium sized businesses move money.

“We are creating the ecosystem of bitcoin and blockchain solutions in the Greek market.” BTCGreece founder Thanos Marinos told CoinTelegraph. “That will include the rollout of 1,000 ATMs and solutions for the e-commerce and tourism industry. Partnering with best of breed companies in the bitcoin space will enable us to provide the Greeks with solutions that will ease the difficulties of the capital controls.”
'

http://cointelegraph.com/news/115143/greece-to-receive-1000-bitcoin-atms-as-trust-in-banks-long-gone
6  Bitcoin / Bitcoin Discussion / Snowden Says Bitcoin is Flawed on: August 17, 2015, 08:24:51 AM
I'm not sure if Snowden particularly knows what he's talking about in this case really. I mean, the 51% attack is hardly something most don't know about.

http://cointelegraph.com/news/115133/edward-snowden-on-bitcoin-bitcoin-by-itself-is-flawed

“Obviously, Bitcoin by itself is flawed. The protocol has a lot of weaknesses and transaction sides and a lot of weaknesses that structurally make it vulnerable to people who are trying to own 50 percent of the network and so on and so forth.”

'Despite his concern for the digital currency, Snowden believes the concept of tokenization and proof of work could be implemented to create “some very interesting things,” which “people can basically pay for access other than direct transfers of currency that originated with an association to their true name.

Bitcoin's associations to name/identity is due to the square-peg-round-hole problem of many developed countries now placing their structures/legislation onto Bitcoin and the purchase trading of it, not any inherent flaw in Bitcoin itself.

If people will give identity to these exchanges/circle etc. to play with the ball, then what does anyone expect? Kind of disappointed with Snowden now really. I mean anyone can throw a sound bite out there like: “some very interesting things,”

What does that even mean? It's like me saying in the dawning age of home computers that they'll be able to do some 'very interesting things' one day. Anyone could have said it. I expected more from Snowden to be honest.

7  Alternate cryptocurrencies / Altcoin Discussion / So... where's the Vanilla Coin? on: June 14, 2015, 03:31:57 PM
I've tried finding out where I can pick up Vanilla Coin easily, and I've come up with nothing. I can't seem to find normal links like you'd expect, like: 'Pick up Vanilla Coins here (link A/LinkB etc.)

Anyone know where I can get some without contorting my body and incanting spells to the infernal Gods?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!