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Is there a tally of "unmoved" Bitcoins (never moved after they were mined) somewhere?
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Whoever buys this wonderful car should add a sticker 'Bought with bitcoins'  License plate: "GOT4BTC" Or just go with the classic "BITCOIN" (sub 1's for I's where necessary for availability). |
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This x1000. 100$/BTC really scares off small investors.
And $800/share of Google doesn't? Come on now. And $1,600/oz of Gold doesn't? |
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I am just upset at the lack of communication and payouts. He used to be so active here, now he says nothing. He doesn't indicate a regular period of when we can expect payouts. He doesn't show calculations of how much the site has made in revenue vs the latest payment. Heck, he didn't even pay out anything the last few months until today.
I can sympathize with his position. He'll likely never be able to pay back the entire BTC balance, so every hour he spends conducting activities for bitfloor, he's essentially working for free. And that will likely never change. That would be discouraging as hell. But it still doesn't change what happened. He needs to be in communication of some sort, or at the very least, give regular monthly payments.
Or make sure anyone owed a govt currency is paid.. and the rest who are owed bitcoin? well that is just a made up internet token and just never pay it. walk away and never come back. Sure someone might sue you but I doubt it would last very long in court once the details come out that the only thing lost was some "fake internet tokens". I am not dissing bitcoin. I am just saying it is the most likely path for this to play out. I don't see how a court would view Bitcoins any differently than any other debt. They would peg it to USD value for certain (potentially retroactively to the value at the date/time of the theft), and only make a judgement in USD, but it doesn't matter if someone owes me Bitcoins or they owe me bananas - it is still something of value that they are indebted to me for. Bitfloor might also be protected by an LLC or something too, in which case, a lawsuit wouldn't matter. |
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I told my wife on Monday that if the price reached $100 by Friday evening, I'd take her to a nice dinner with half of one. We're both watching the price with great anticipation.  |
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I am just upset at the lack of communication and payouts. He used to be so active here, now he says nothing. He doesn't indicate a regular period of when we can expect payouts. He doesn't show calculations of how much the site has made in revenue vs the latest payment. Heck, he didn't even pay out anything the last few months until today.
I can sympathize with his position. He'll likely never be able to pay back the entire BTC balance, so every hour he spends conducting activities for bitfloor, he's essentially working for free. And that will likely never change. That would be discouraging as hell. But it still doesn't change what happened. He needs to be in communication of some sort, or at the very least, give regular monthly payments.
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I have enough to actually purchase this. I have never thought there would be a day I would be able to afford a Porsche.
did, too. bought a couple of avalons, though. Enjoy.   |
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as long as at least one of the parties involved in a currency exchange is licensed, then it is all good by FinCEN.
That's not their position at all. It depends on the transaction. Please explain? |
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Another 50 years with no interest and Roman will have paid us back!!!
Or, you could incur legal expenses and spread FUD and make sure he has no way to pay back. Great idea! If you find it acceptable for operators of exchanges to seize your money then that is good for you. I don't find it acceptable. And Bitfloor is bankrupt. There are enough bankrupt banks operating in the fiat world. Bitcoin doesn't need any. If you disagree: Buy me out. Buy me out as well..! |
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Dude... vvic, I completely agree with you.
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EDIT: Also, question. The OCTET STRING is "C4BBCB1FBEC99D65BF59D85C8CB62EE2DB963F0Fundefined". This does not import to blockchain.info. What's with the "undefined" bit at the end as well? lapo.it seems to have a bug when it displays the octet string. Hover over it and look on the right where it has highlighted the hex dump. Copy that part of the hex dump, except for the beginning "04 20". If you want to do it manually, without lapo.it, just search your DER encoded private key from the beginning for "04 20" and grab the following 32 bytes (64 hex characters). Example: 30820113020101
0420
c4bbcb1fbec99d65bf59d85c8cb62ee2db963f0fe106f483d9afa73bd4e39a8a <<<< Give this to blockchain.info
a081a53081a2020101302c06072a8648ce3d0101022100fffffffffffffffffffffffffffffffffffffffffffffffffffffffefffffc2f300604010004010704410479be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798483ada7726a3c4655da4fbfc0e1108a8fd17b448a68554199c47d08ffb10d4b8022100fffffffffffffffffffffffffffffffebaaedce6af48a03bbfd25e8cd0364141020101a1440342000478d430274f8c5ec1321338151e9f27f4c676a008bdf8638d07c0b6be9ab35c71a1518063243acd4dfe96b66e3f2ec8013c8e072cd09b3834a19f81f659cc3455
EDIT: I'm assuming you're getting the DER encoded key from somewhere other than brainwallet, as obviously if you already have it on brainwallet you can simply copy the Secret Exponent directly into blockchain.info. Oh, dang, that's easy. I didn't know the bit I needed was right in the string from the start. 0.2 BTC coming your way! |
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Those (DER) keys are ASN-encoded, try http://lapo.it/asn1js/ It contains both private and public keys along with a generator OID description (in this case, 1.2.840.10045.1.1). First OCTET STRING (32-bytes) is usually a secret exponent, which you may convert to Base58Check ver. 128 or import as is. Forgot to say thank you Joric! Will send a small tip your way. EDIT: Also, question. The OCTET STRING is "C4BBCB1FBEC99D65BF59D85C8CB62EE2DB963F0Fundefined". This does not import to blockchain.info. What's with the "undefined" bit at the end as well? EDIT2: 0.2 BTC bounty to anyone who can provide a start-to-finish of converting the above DER key to something I can import into blockchain.info! |
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https://www.readthenburn.com seems like a relatively ok option if you're dealing with someone that won't be bothered to learn how to use PGP. Nice, interesting solution there. Um, no, it's not. Learn some crypto before you talk about it. A requests PGP key from B C intercepts request C gives A a PGP key aliased as B A sends message encrypted with C's PGP key C now reads message. B has no idea a request was even made. That can only be done if a) You don't verify messages over a different line of communication OR b) Your attacker has complete control over EVERY line of communication you have Agreed. |
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imagine itunes selling their $50 gift cards advertised at $50 in walmart but the walmart checkout operator says to the customer that it will cost $54. then being told "if you dont like it, dont buy it" imagine the customer got home and found out that music tracks at normally 50c, where the customer thinks he can redeem 100 songs. is surprised to see only able to redeem 45 songs. now ill give you 3 options to try. 1. build up a reserve, to pre-buy coin on the cheap(during a dump)and hold it for the later redemptions that are higher value. or 2. raise your "spot price" to an amount to both cover your profits and the profit margin a bricks and mortar retailer would want to receive. thus not requiring a reserve. or 3. carry on as you are and wait for complaints at advertising standards agencies to begin, then watch what happens to your legit business when all your funds are frozen and you are stand infront of a courtroom. now to put the 3 options into the itunes scenarios legally. 1. itunes does a deal behind the scenes with recording companies to reduce the songs wholesale cost to under 40c so that itunes makes a profit, where they sell it online (10c a song profit). also the cost price is low enough that itunes can produce cards and sell the cards to retailers so that customers can purchase them for $50 knowing they will get 100 songs.(5c profit to retailer 5c profit to itunes per song) hang on..... wow thats exactly how itunes does it.. wow that must be a shocker to you. 2. dont do deals behind the scene but have advertised on the card that the $50 card would not give them 100 songs, but would give them 10-20% less songs to cover the convenience of buying locally. 3. ignore words such as honest pricing, transparency, retail law, contracts of sales. and wait and see what happens also to note this is a statement on apples own website In the event you have been charged more than the posted price for a product in an Apple Retail Store, please see a Manager for a refund of the overcharge.
hmm lets see what walmart says, and 7-11,, oh look they have fair prcing policies too... wow.. i wonder why You cannot do iTunes style because there is no profit margin on trading $100 for $100 worth of BTC. You either have to give the person less BTC, or charge more than $100 for the $100 card. And again, attempting to game the market by pre-buying coins is a ridiculous notion. Anyone who can make a profit on the market isn't going to give it away in the form of gift cards. I agree that they need to make it more clear how much BTC you will be receiving with a $100 card (i.e., MtGox - 10% or something). |
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Bump.
Any official channels I should go through on this? Should I just PM piuk?
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Um, no, it's not. Learn some crypto before you talk about it. A requests PGP key from B C intercepts request C gives A a PGP key aliased as B A sends message encrypted with C's PGP key C now reads message. B has no idea a request was even made. |
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Hmmm, good point. Would there be a way for someone to MITM communications in such a way that the receiver of the information still gets it and doesn't know that it is compromised? Obviously, the key is getting the correct Bitmessage address for a particular person, but I've heard that Bitmessage addresses can be generated from Bitcoin addresses? That might be one way to prove ownership of a particular address. if you're familiar with the voice of the person, I think it's pretty safe to transmit the public key via phone after having a conversation about the weather. Good point as well... Send the person a picture of a cat to use as a one time pad.  Mail them a CD with the picture of the cat that you take yourself. Email the OTP encrypted file. I'm being a little silly this is probably overkill. LOL. What about just mailing a password (plaintext), and then emailing a .rar encrypted file? I don't know what OTP is or how a cat picture could be used as a pad, and yes, that might be overkill for my purposes anyway.  |
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Screw GPG, it doesn't allow long enough keys for paranoid people. Have your friend generate a 16,384 bit RSA keypair with openssl, encrypt it with the public key, and send it off.
I like it.  |
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Hi I am looking for someone with talent to design a company logo. If you are creative and can provide examples of your work please reply or PM me. I will pay in cold hard BTC I'll send you a PM. I can't provide samples, but everyone has to start somewhere right? You might want to make some mock-ups before advertising your services Yeah, but I don't know anything about the thing Pretend the company is named "Mockup" and is about making mockups. So, just do a mockup of Mockup's mockups. |
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