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1  Economy / Computer hardware / Re: FS: Older Mining Equipment on: November 13, 2017, 02:10:28 AM
I would like to buy a kncminer controller board for an art project. Doesn't need to work just need for the slogan to be legible. What is best price including shipping to Texas?
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2017, 04:43:11 AM
3  Bitcoin / Bitcoin Discussion / Thought Experiment: Deeper dive on a gov dedicated to shutting down Bitcoin on: February 15, 2017, 10:08:21 PM

What if there were a terror attack like 9/11 financed with cryptocurrency or the US government decided that the risks to financial surveillance and tax collection posed by cryptocurrency was so high that it decided to launch a war against cryptocurrency like its war against drugs or radical Islam and was willing to spend upwards of a trillion dollars over the next several years to combat it? Couldn’t they just mount 51% attacks on every current and future cryptocurrency and freeze all transactions?
 
For example, ballpark figures to duplicate current Bitcoin network hashrate would be $600 million equipment cost and $5 million per day electricity cost.
 
Might a response be to create niche, private, “underground” non open source, restricted access cryptocurrencies? Could these gather enough network effect to have any utility without being vulnerable to attack?
4  Economy / Computer hardware / Re: [WTS] KnCMiner Jupiter 6 Port Controller - Might also work with Neptune (AS IS) on: November 23, 2016, 06:39:07 PM
I will pay $20 plus shipping to US. How much is cheapest shipping option?
5  Economy / Computer hardware / Re: [WTS] KnCMiner Jupiter 6 Port Controller - Might also work with Neptune (AS IS) on: November 13, 2016, 02:22:53 PM
I'll pay $40 including shipping to US.
6  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 28, 2016, 07:12:31 PM
Will zcash mining with Nicehash switch to mainnet automatically tomorrow?

Appareny, n and k params would not change which means you dont have to do anything; probably price will just rise.

You were right. I wonder how nicehash is deciding how many btc to pay per ksol since the market is so shallow.
7  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 28, 2016, 03:52:20 AM
Will zcash mining with Nicehash switch to mainnet automatically tomorrow?
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2016, 02:07:36 PM
Mooning today  Grin
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 20, 2016, 11:54:23 PM
Hitler Gets White Hacked

https://steemit.com/dao/@imsatoshi/hitler-gets-white-hacked
10  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 09, 2016, 12:13:42 AM
Hitler gets a haircut.

https://youtu.be/CN4RdrN80ic
11  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 04, 2016, 02:24:54 PM
Bitfinex should negotiate with hacker. Offer $10 million to return the stolen bitcoins and drop investigation.

Yeah, this could be done. However I think hackers will not accept the offer, because they prefer to earn much money instead of having to return all funds they have get and given only a small portion of the money to them. But it also depends on how bitfinex the hacker in the negotiation to seduce, hopefully this issue was quickly completed and running as before

Reasons hacker might agree to negotiate:

1) The advantage of not being investigated might outweigh the difference in lifestyle between having $10 million and $60 million.

2) If he keeps a portion of his settlement in BTC, the price will rise after she agrees to settle.

3) If he takes a long position in bitcoin before agreeing to settle, he will profit.

4) He will be seen as a hero by many instead of a theif and will be sought after for security advice.

5) He will be able to convert his BTC to USD easily.
12  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 04, 2016, 01:28:17 PM
Bitfinex should negotiate with hacker. Offer $10 million to return the stolen bitcoins and drop investigation.
13  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 03, 2016, 05:52:45 PM
Update - As it stands, we are continuing to investigate the hack and cooperating with authorities and the top blockchain analytic companies in the space to track the stolen bitcoins. In the meantime, we have been working on getting the platform up and running on a secure instance so that users can log in and see if their accounts have been affected as well as the state of their positions and orders. We hope to have an update with more substance later today UTC time.
Aug 3, 17:43 UTC

http://bitfinex.statuspage.io
14  Economy / Games and rounds / Re: 1000 BTC GIVEAWAY! From your friend rekcahxfb on: August 03, 2016, 04:19:45 PM
1efMxkzVHzyLaTFcvXZ9GKLKrB7MBmbKT
15  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 03, 2016, 03:47:47 PM
Guys I've found some slack group they are preparing some kind of petition, you can find them here - bitpetition.herokuapp.com

Quote
We, the undersigned customers as the main creditors of the cryptocurrency trading platform bitfinex.com, demand to immediately provide all the information about the state of affairs on the exchange.
Also, we strongly expect bitfinex.com to present the confirmation of the damage, and the conditions and timetable for the return of customer funds. We require that this process and all the actions of the platform were open and transparent.
We are willing to contribute in any possible way to recover the funds and hope for the best resolution for all parties. However, in case of failure to meet these demands, we will file a class action lawsuit against bitfinex.com.

Sounds reasonable to me
that's your right to get your money back so this action definitely needed


Sounds like denial, anger and bargaining all rolled into one.

You can file lawsuits but once a company enters bankruptcy lawsuits are usually discharged and everybody gets in line together. That's the whole purpose of bankruptcy protection.

Ps- It is often the threat of lawsuits that forces a company into bankruptcy.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: July 31, 2016, 04:36:27 AM
Regarding #2, whitepaper compares rationality of miners in Bitcoin to rationality of gold custodians. That rationality is not analogous.  If the gold custodians steal all the gold the market price of gold does not go to zero.

This is more like an audited version of Mt. Gox. If the custodians hold the gold, it's their gold just like an exchange that holds your keys.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: July 30, 2016, 07:29:10 PM
Read whitepaper but still do not understand.

1) Why can't this be shut down just like E-Gold was?
2) Once the Proof of asset and proof of audit takes place why can't the gold bars be suddenly removed or stolen?
18  Bitcoin / Bitcoin Discussion / Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic on: July 10, 2016, 10:53:36 PM
http://www.coindesk.com/bitcoin-industry-seeking-bridge-scaling-divide-july-meeting/
19  Bitcoin / Bitcoin Discussion / Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic on: July 01, 2016, 02:11:29 AM
It's morning in China. Maybe we'll get a confirmation or denial.
20  Bitcoin / Bitcoin Discussion / Re: The Blocksize Debate & Concerns on: June 26, 2016, 01:59:22 PM
Censorship is enabled by technical factors but motivated by political sentiment.
All other things being equal, increased user adoption decreases technical vulnerability (more users means more nodes and a higher bitcoin price which means more miners) and improves political standing.

https://security.cs.georgetown.edu/~msherr/papers/censorship-as-sideeffect.pdf
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