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1  Bitcoin / Bitcoin Discussion / Aljazeera: The Stream - Banking on the Bitcoin boom on: January 14, 2014, 04:14:13 PM
http://stream.aljazeera.com/story/201401140122-0023313

For anyone interested in being on the stream today, check out the twitter, google hangouts of @AJStream, probably useful for some of our more affluent and knowledgeable members to have a chat.

EDIT: I've now also linked the stream to this thread to get ideas and talking points, if people would like to make a comment to AJStream about Bitcoin I do believe it will be picked up here as well as on twitter and google hangout.
2  Bitcoin / Bitcoin Discussion / VICE Discussion: Everything you need to know about bitcoin on: January 09, 2014, 04:48:32 PM
Very happy, I love vice, didn't expect a bitcoin pod-cast today  Grin

http://www.youtube.com/watch?v=SNssKmeXrGs
3  Economy / Economics / Bitcoin's Real Value, Quantitative Analysis on: November 24, 2013, 10:41:56 PM
So I've been working on a project to effectively determine the value of a bitcoin irrespective of speculation on a per unit time basis (from bitcoin's inception to now). I've done some work into developing a "cost of labour" analysis of bitcoin by making two assumptions:

1. Bitcoin Mining has two parameters that indicate cost, MH/$ (capital costs), and MH/W (electrical costs). All other costs I assume to be negligible, and with that assumption I assume capital cost increments to be infinitely small.

2. That my (mostly arbitrary) expotential plateauing/decaying curves for CPU mining usage, GPU mining usage, and ASIC mining are mostly accurate, if you can help me work on the time constants for each I'd greatly appreciate it, I've tried to find the 0 day ASICminer came onto the scene but I haven't had any luck.

https://drive.google.com/file/d/0B-1iklukQfPyOEY5eW5wVnJxR0U/edit?usp=sharing

work to do:
I'm still working on the Risk/Utility Factors, however its just about exam time for my last year of university and I can't really afford to do anymore theory crafting this weekend, so I've put my exel on google docs for all to see. If you have any critiques let me know, I'm doing this in the hope that someone might value this financially and help give me a reason to continue (*cough* tips please! *cough*)


Warnings: All data was pulled from blockchain.info for ease of use, values below 0 don't have decimals for some reason, so the begining year or two are pretty hard to use unfortunately, will probably switch to another dataset at some point.
I'm not the best at reading excel functions, there could be a simple error somewhere, please let me know and I'll correct it as soon as possible!



I appologize for the lack of labelling, office 2013 is really obtuse.

4  Bitcoin / Project Development / Physical bitcoin counterfeiting problem on: November 21, 2013, 04:24:12 PM
I'm interested in making physical bitcoins in my city, but to really allow people to trade them without risking counterfeit coins, I ran into a problem.

The public key can be viewable on the front of the coin, but how could I possibly prove that the private key, which is hidden on the back similar to Casacicuis' design, actually exists and is the correct private key for the public key displayed on the front? A possible counterfeit would produce multiple coins with the same public key, but either with no private key on the back, or with incorrect/invalid private keys.

Does anyone have an idea on how to solve this problem? Is it possible to display part of the private key to verify that it is in fact the correct key? I was thinking of displaying the first 5 digits of the private key and then using some comparison method, but I'm not sure on the exact capabilities of the algorithim.
5  Bitcoin / Bitcoin Discussion / We're rapidly approaching critical adoption rate. on: November 21, 2013, 03:54:36 AM
So initially back in 2011, I was skeptical of bitcoin.
I couldn't see the big deal, I didn't read the whitepaper, all I seen was a way to make easy money from mining, there wasn't much value in the coins themselves.

However, after seeing the congressional hearing and the rumors of the IMF potentially adding bitcoin to their "basket" for international trade, I started thinking. Bitcoin is superior to national currency in literally every way, there is absolutely zero reason not to own bitcoin over your local equivalent besides its ease of use, however even that's starting to change. I live in canada, Virtex has recently released their own bitcoin -> CAD debt card, this is huge, this means that if you're canadian and you trust virtex (which I do), you can essentially never actually hold Canadian Dollars if you don't specifically need to.

What I see happening sooner rather than later, is people beginning to convert to 100% bitcoin as their bank account, completely removing their own bank from the equation besides having some spending cash to buy drinks with, and even then I can see that being supplanted by physical bitcoins.

We're living in an amazing time, I can definitely see bitcoin taking off in my city, after the recent rise in value most of my buddies have been very interested in bitcoin as an investment tool, I've tried my best to talk them into using it as a replacement of dollars that stores value rather than slowly erroding it in fiat based economies.

Any thoughts guys? Pitfalls? I'm strongly considering mass producing a "standardised" physical bitcoin that I can sell locally in my friends shop, and sell via mail, creating almost like a "bitcoin information centre" in my city
6  Bitcoin / Project Development / [ANN] The first regulated Bitcoin Real Estate Investment Fund (REIT) on: July 09, 2013, 10:03:17 PM
My company "Smart Property Investments" (which is in the process of incorporation) is working on bringing legal, safe property investment to the bitcoin world.


I would love to receive any input (good or bad).

A link to our security is in my signature
7  Economy / Securities / [Regulated] Smart Property Trust (SPT) on: July 08, 2013, 08:29:21 PM
Smart Property Trust
In this document, “SPT”, “SPT Inc.”, “Smart Property Trust”, “the company”, “us”, “we”, and “our” relate to Smart Property Trust Inc. of New York,USA.

Unless explicitly otherwise stated, posts by the forum user “Badbitcoin (James Sutton)” outside this
thread express personal views and opinions not the views of the company.

The terms “GPG signature”, “GPG signed” relates to the GNU privacy guard technology
http://www.gnupg.org/


This document is not yet in its final form, and is not legally binding. When it is, this section will be edited and digitally signed using GPG authentication.


EDIT JULY 9th, 2013: We have recieved the green light for maintaining the anonymity of bitcoin investors, while allowing us to be a regulated Real Estate Investment Trust (REIT) in the USA.
EDIT JULY 10th, 2013: Due to issues involving the requirement of a significant portion of our fund being constituted of canadian investors, we won't be filing as an REIT in canada, however the current plan is to file one in New York, USA as a foreign company.
EDIT July 11th, 2013: We're currently in talks with Nesenoff & Miltenburg LLP (Marco Santori's firm) over REIT incorporation, we're meeting with a local commercial investment advisor tomorrow afternoon. Once the legal hurdles are out of the way, the remainder of this securities prospectus will be released.
EDIT July 18th, 2013: Most of our legal questions have been answered and we have solutions to all of our problems, we're currently securing angel investment to pay the legal/accounting fees required to organize this corporation, the business model of our investment will be updated below this evening.
What we are
The Canadian Real Estate Market is one of the strongest investment markets in the world, (for further information http://www.deloitte.com/assets/Dcom-Canada/Local%20Assets/Documents/REITGuide2%281%29.pdf)
Initially we will be investing in Canadian based multi-unit residential properties, however as we further develop we will diversify into multiple property developments.
Now this may not be the most aggressive bitcoin investment, we are however legally regulated by the Nova Scotia Securities Commission and Canadian Securities Admistrators.
Our model is to maintain investment security and high sustainable returns instead of generating unsustainable growth. This means that over the long term, your risk is minimized and your growth maximised.

click here if you'd like to see what the types of buildings we will be investing in.


Special thanks to Marco Santori (MSantori) for his assistance in dealing with our legal hurdles in forming this security.
8  Bitcoin / Legal / Bitcoin Contract Lawyer needed. on: July 06, 2013, 08:03:53 PM
I'm in the market for a lawyer versed in contract law, preferably with experience in barter contracts (Bitcoin in leu of cash in case of bankruptcy)

Please pm me if you fulfill these requirements as I am starting a new venture and need legal advice on how to properly prepare a legally binding digitally distributed contract.
9  Economy / Securities / Rental properties on: July 04, 2013, 10:19:50 PM
I live in a university town (Halifax, Nova Scotia) and there are a ton of rental properties for sale locally. A very good friend of mine  (I trust him with my life) has his real estate license, and runs 4 of some of the local rental properties and sublets them out to local university students for the property owners.

A major shipbuilding contract from the government is just starting to go into pre-production, and when that goes into full production ramp the housing local to the shipyard ( in the downtown core) should skyrocket from the new money moving in, so when the shareholders finally decide to sell the house, we should be able to sell for more than we purchased.

all rent would be automatically split up based on share ownership, turned into Bitcoins and paid out as monthly dividends, besides the 5% for maintenance and paying the superintendent (my buddy) for his services of maintaining the building and keeping all the rooms rented.

As you can imagine this security would be a hedge against the Bitcoin price rising dramatically as the sale of the home would be in dollars,
however unlike other investments with bitcoins it would be as low risk as I think is possible in the current bitcoin climate.


Counterparty risk is a problem, however I think I might have figured out a solution once the home is purchased.
The deed to the house would be placed in a vault which can only be accessed from the written consent of 50% or more shareholders, I believe this can be accomplished through securing the deed with a third party, or digitally encrypting it if at all possible, however that part is the trickiest and would appreciate some input in further securing the investment for shareholders.

I don't really trust any of the current bitcoin exchanges, however I'm not adverse to PTs, I would run it similar to ASICminer in how shares are traded/recorded.


for all watchers, the interest post has ended, the main page
https://bitcointalk.org/index.php?topic=252474.0

10  Economy / Computer hardware / [WTS] Buy my 6950s! (and other components) - PRICE DROP on: June 10, 2013, 11:36:05 PM
Its time to sell I think, the noise the cards make and the amount of no sex I can blame on having graphics cards running 100% in my bedroom is taking its toll  Roll Eyes

please note that I am a lazy slob, and I can't be bothered to purchase anti-dust areosol cans, so there may be a bit of dust on the fan blades.


without further ado, lets introduce the contenders Tongue
Powercolor Radeon HD 6950 800MHZ 2GB 5.0GHZ

cgminer link: http://i.imgur.com/u7Xt37S.png

I purchased this from www.NCIX.com, I may have the reciept for it still if you'd like that, never overclocked or overvolted, only downclocked.

I'm looking for or best offer.

 

ASUS Radeon HD 6950 2GB DirectCU II

cgminer link: http://i.imgur.com/C4CTqVU.png
this one is also great, I purchased this off ebay used with the box, what surprised me is that the shaders are unlocked! I was completely surprised when I found out, the ebay auction never said a thing about it  Cool

I'm looking for or best offer.

SOLD


SAPPHIRE HD 6950 2GB

cgminer link: http://i.imgur.com/11Ij5bm.png
the big chunky card, has a blower fan, is by far the coolest of all the cards I've used, never had to crank the fan above 65%, overclocked using --auto-gpu on cgminer however I've never had a problem with the card.

I'm looking for or best offer.


XFX ATI Radeon HD6950 2 GB

cgminer link: http://i.imgur.com/yjrfnxP.png
small card, works like its brothers, I had a problem with it in my actual mining rig, however once I took it out of the last slot on my motherboard and put it in my main PC it worked like a charm and mined happily.

I'm looking for or best offer.


And my Coolermaster Silent Pro 1000W PSU  Roll Eyes


I'm looking for or best offer.

Note, the powercolour and asus cards I have the original packaging for, the xfx and sapphire came in anti-static bags.
shipped from  Nova Scotia, Canada, it shouldn't cost any more than in canada/US, buyer pays shipping, however if you happen to be local then you get to magically save on all shipping costs!  Grin

I accept escrow with john K or any other respected escrow, no biggy, I don't want you to get defective merch anyways.
11  Bitcoin / Bitcoin Discussion / new romney/bitcoin news on: September 07, 2012, 11:24:24 AM
http://www.forbes.com/sites/abegarver/2012/09/07/bitinstant-to-romney-camp-well-convert-1000000-usd-to-bitcoin-for-free/2/

Bitinstant just made a great PR stunt, I'd love to see any acknowledgement from the romney camp or the obama camp, that would be amazing news.
12  Economy / Service Discussion / When is this pirate drama going to end? on: August 22, 2012, 09:32:15 PM
I understand you guys have a few bucks invested in him, I have 20 bitcoins I'm waiting on, but you KNEW THIS WOULD HAPPEN AND YOU CONTINUE TO BITCH AND WHINE ALL OVER THE FORUMS.

Please, for the sake of bitcoins, can we just accept the agent of chaos that is pirate@40 will decide whats best for us?
13  Bitcoin / Bitcoin Discussion / Class action Litigation vs. Bitcoinica Consultancy LTD & Intersango LTD on: July 13, 2012, 03:11:54 PM
This will be the offical thread for the potential upcoming litigation proceedings against the Bitcoinica Parties.


If you have been adversely affected by bitcoinica due to their potentially criminal negligence, please post here and email me any information you can provide, I will be going to see my

lawyer about our case tomorrow and I could use all the information regarding our legal position for a case.

(for reference, I lost 5000 USD from bitcoinica, so   I have considerable stake in this case).


EDIT: If you would be interested in jioning the bitconica litigation skype meeting, please email/pm your skype name.
14  Economy / Services / - dota 2 BTC shop (CHEAPER IN BTC) -come in to buy or just talk about dota 2 on: July 12, 2012, 02:16:42 PM



hey guys, I'm selling all the dota 2 items that are for sale in the shop and in the dota 2 marketplace
Also, since I actually am short of bitcoins right now, I'm charging LESS THAN WHAT THEY COST IN CASH for all items, I'm crazy! Roll Eyes


here are prices for some commonly purchased items

treasure keys -          $2.4 USD

uncommon sets -          $3 USD

6 days bonus                3 USD

legendary couriers      $15 USD


even dragonclaw pudge hooks (for the distinguishing pudge player  Cool )
heres a link to the steam market http://steamcommunity.com/market/search?q=dragonclaw
I charge                       $88 USD

If you are interested in anything specific please PM me and I can quote you a reasonable price.

UPDATE Currently the most powerful hero picks are: Lifestealer, Tree-ent, Huskar, nyx and warlock.
(bare in mind every one of these heros can be countered, but some might not be counterable from just good team play, like nyx)
15  Bitcoin / Bitcoin Discussion / wikileaks accepts bitcoin donations!? on: June 30, 2012, 04:42:48 AM
Hah, was just donating a few bucks to the cause and I see there's a bitcoin donation button, wonder who gave them the idea?

http://shop.wikileaks.org/donate
16  Economy / Services / [10 BTC prize] Logo design contest for my company on: June 23, 2012, 05:15:07 PM
Hey Designers,

I am the co-founder of Ceres Manufacturing Group Ltd, or CMG as we are looking to brand ourselves. We are a start-up manufacturing systems company working on a laser-based rapid prototyping system. Our rapid prototyping system uses a proprietary control and feed system to efficiently create custom parts in a range of sizes that far exceeds our competitors.

Our company consists entirely of people under 30 and we are looking to subtly portray this youth and freshness in our logo. Further rapid prototyping is a very progressive part of the manufacturing industry and this should be shown in the logo design. However the manufacturing industry in general is traditional and consists of old corporate powerhouses so we also need a logo with refinement and class. A similar visual scheme, though slightly less refined than we would like, can be found at  www.ministryofsupply.com.



In short we are looking for a subtle portrayal of freshness, innovation and radical progress while maintaining a complete commitment to professionalism, refinement, class, efficiency and practicality all in a relatively simple design.

Unless you have a solid alternative, we would like "CMG" as a centerpiece.

Preferred colour choices would be white/black/greyscale with emerald green accents, but we are open to alternatives.

The Contest will end when we receive a design we will use as our logo. If the contestants prefer, we can hold the bitcoins in escrow for the duration of the contest.

Please note that we require a transfer of the copyright for the final product to our name. This is a fundamental requirement of any submitted design.
17  Economy / Auctions / [WTA] blizzard account (diablo 3 lvl 60 + 2 starcraft 2 keys) on: June 02, 2012, 01:02:34 AM
title says it all, looking to make a new investment and I'm a few dollars short, I got to lvl 60 on my D3 account with an EU monk (image linked below), as well I played a few games with some of my EU/US buddies in starcraft (hence 2 accounts).

the bidding starts at 7 BTC for the account, the auction will end friday of next week (june 8, 2012)




http://i.imgur.com/c9vUW.jpg - Diablo 3 account


http://i.imgur.com/F6XZV.jpg - Battle.net game page
18  Bitcoin / Legal / Class Action Lawsuit vs. Bitcoinica for USD funds on: May 22, 2012, 12:59:22 PM
As per the title, I'm interested in possibly setting up a class action lawsuit against bitcoinica for both the return of our USD funds (bitcoins would never hold up in court as currency I imagine), however I think we would have a very strong case in taking our funds back, as well as receiving punitive damages for the in-access of our funds for what, 3 weeks?

Its been 7 days since the last official report from the bitcoinica consultancy, This is a short amount of time so I would give them some time to come up with something substantial for their next report, however it has been 11 days since the breach, I'd give them a full month to return the funds before any legal action is given, but its up to you guys what you think.

And before you guys ask, I have 5k USD in bitcoinica right now, I assume there are a few with quite a bit more, let me know your thoughts on the matter.
19  Other / Off-topic / A bitcoin TED talk? on: February 26, 2012, 01:00:11 PM
I was just contemplating, imagine if bitcoin had its own TED talk (www.ted.com), we'd have no problems getting people interested, and to be honest bitcoins are a hell of a lot more interesting than half of the stuff they post on the site.
20  Bitcoin / Project Development / [alpha] Bad Bitcoin - The new way to play on: February 25, 2012, 03:32:16 AM

www.badbitcoin.com
The all new gambling portal for all of your bitcoin betting needs.  Cool


Features

we are an exchange that is run as a secondary market off of Mtgox.
we will accept payment in:
- mtgox codes
- US/CA wire transfers
- interac E-money transfers (US/CA)
- Liberty Reserve ( coming soon)
- Western union (coming soon)
- Euro transfers (possible depending on reception)

We will also be starting off with a bitcoin lottery.
due to owning an in-house exchanger:
-bitcoin transfers from our exchange escrow are processed instantly.
-withdrawals from our lotto to the exchange are also processed instantly.
-reduced fees for transferring from the exchange to the lotto directly.


 Wink Wink Wink
And if that was not enough to satisfy your hunger, we will soon be adding a professional poker component to our gambling lineup, although this might be a few months away! (depending on reception.)

Security

Security is the utmost importance for us, because we know that your trust in us is what keeps us in business.
which means that we will be enabling the following security features:
-two factor google authentication (with possible yubikey addition in the future)
-A Secuity audit will be performed after every major change to the website.
-Database servers are backed up with two separate servers.
All transactions done between us and the banks is done through our payment processor, www.beanstream.com. They are a well known financial institution and are behind our project and its continued growth.

Financials

Badbitcoin is a canadian business (soon to be inconcorporated with an IPO on the GLBSE) functioning within the framework of the current anti-money laundering and financial institutional policies of Canada which help protect both us, and our customers from fraud and regulatory losses.



I'm happy to announce that we will be opening our doors for alpha testers  next week, please pm me if you're interested in testing our facilities, you may recieve a reduced fee account for your assistance.

If you have any suggestions for future improvements or complaints on the current layout, please don't hesitate to email me at james@badbitcoin.com
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