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621  Other / Beginners & Help / Re: 360 second thingy on: October 01, 2013, 07:05:59 PM
hmmm. this never happened to me. glad too because it would really tilt me to lose a whole post to the bot!! i wonder what my limits are now.  Cheesy
622  Other / Beginners & Help / Re: thedarkdad3 on this forum is a Scammer.. Watch out people!! on: October 01, 2013, 05:59:35 PM
sorry to hear that this happened. you have to be really careful when dealing with unknown people / companies that have not been proven and may just be gone tomorrow!! there is so much of that in bitcoin, you have to be really careful! thank you for the warning, original poster, and good luck in the fight for justice!!  Smiley
623  Other / Beginners & Help / Re: Loan For .05 BTC? on: October 01, 2013, 05:56:14 PM
come off a little less desperate and obvious next time.  Wink

just my little piece of advice. you can always throw it back!!  Smiley
624  Economy / Gambling / Re: ★☆★ 777Coin - The Modern Bitcoin Casino! ★☆★ [FREE 10 mBTC][Provably Fair] on: October 01, 2013, 05:53:33 PM
My username -- Gimmel81

Thx  Grin
daily please, and thank you!  Grin
625  Bitcoin / Bitcoin Discussion / Re: Bitcoin credit cards? on: October 01, 2013, 05:47:22 PM
True, I was thinking about this last night and the best solution would seem to be built in PIN like the debit cards used in Europe and Canada.
"Chip debit cards encrypt all information stored on them, increasing your safety when completing a transaction."

This will prevent merchant from having ALL your info just on the magstripe.

I still don't understand how this will work.  The merchant can't move the bitcoins from your address unless they have your unencrypted private key.  Once they have your unencrypted private key, there is nothing that prevents them from saving it and re-using it in the future.

It seems that what is needed is a card that has a processor, display, and input interface built into it, the card would be placed with some sort of electrical contacts interfacing with the merchant's terminal.  The terminal would request the bitcoin addresses known by the card.  The terminal would then search the blockchain for unspent outputs associated with those addresses.  The terminal would build an unsigned transaction and submit the transaction to the card requesting a signature. The card would then display the transaction amount on its built in display.  The card owner would verify that the displayed amount was correct, and would use the card's built in input interface to indicate acceptance.  The card would reply to the terminal with a signed transaction.  The terminal would then broadcast the transaction to the bitcoin network.

Patience, my son.

That's what the chip debit card is for.

Once you insert your card in the terminal, the terminal prompts the customer for their PIN number. The customer inserts their PIN number into the terminal. Since all terminals are PCI compliant nowadays, the inputted PIN is encrypted and cannot be recorded by the merchant or anyone else. This is all done now with Canadian and European debit cards, this is not just theory.

To break it down, when the customer enters in the PIN number via the terminal, this "unlocks" the Bitcoin address private key to proceed with the transaction. The transaction amount displays on the terminal screen, and the customer presses OK if it is correct. Simple.

I worked for many years in the credit card processing industry, so I know about these things. To be honest, I'm surprised this hasn't already been done. If people want to join together to do this, let's go for it Wink



umm, this sounds awesome. please someone tell me that people are working on this for bitcoin, as we speak?  Smiley
626  Economy / Speculation / Re: government shutdown on: October 01, 2013, 05:46:16 PM
no effect. i don't see why there would be a perception of effects on financial markets/speculative assets, but maybe i am missing something here?
627  Other / Politics & Society / Re: The Clock is Ticking - Will there be a Government shutdown and how to prepare? on: October 01, 2013, 05:41:03 PM

There is none.  the USPS cannot stop mail that is destined for your address except in specific circumstances.  One way is that if, in your mind, the material is "erotically arousing or sexually provocative" you can stop it with Form 1500 http://about.usps.com/forms/ps1500.pdf.  Some people claim all the junk mail they get fits under this category since that is the only way to get the USPS to stop it.

sweet so i just have to say that all the junk mail i get is sexually arousing and therefore i cannot take delivery? gold!!
628  Other / Beginners & Help / Re: questions about novacoin mining on: October 01, 2013, 05:34:29 PM
hmmm, i would have thought you missed the boat cpu-mining novacoin, but i could be wrong. no experience here, though.  Lips sealed
629  Other / Beginners & Help / Re: New account! on: September 30, 2013, 06:15:09 PM
Hi everyone,

This is my new account, my other was hacked last night "Shadizzle"  Please be advised. 
ouch, i am sorry to hear that. i've heard a bit too much lately about these account hackings....  Undecided
630  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ripple has failed. on: September 30, 2013, 06:13:44 PM
We're testing the system while they create it, so yeah, there will not only be unnecessarily complicated hoops to jump through, but also bugs along the way.  Perhaps credit cards will one day be called Ripple Cards, who knows how the adoption stage will kick in, but what is currently available, is one of the most aesthetically pleasing, mathematically secure payment networks ever created.  

They just added the email bridge recently that allows you to send a payment to an email address rather than a Ripple Wallet address.  Changes like this will be added periodically which will raise adoption rates by orders of magnitude.  Once enough improvements are made, it will simply integrate into everyday life running on whatever financial instrument we use most, and even if people aren't fully aware they are using it, Ripple will probably be the underlying system it is running on.
i would say that "Changes like this will be added periodically which will raise the potential for adoption rates by orders of magnitude."
631  Other / Beginners & Help / Re: Price of USB Erupter falls like a rock on: September 30, 2013, 06:08:34 PM
the problems with calculating ROI: difficulty is difficult to predict, except that it will continue to go up, generally.  Smiley and don't get me started on pre-orders -- that will really screw your ROI.
632  Other / Beginners & Help / Re: Welcome post on: September 30, 2013, 05:50:10 PM
Hi there, I've been reading from this forum a long time, now it's time to post.
welcome! longtime lurker myself, but now that i post from time and time, i am addicted to the forums. hopefully it doesn't happen to you!!   Wink
633  Other / Beginners & Help / Re: Hacked - lost 1.22 bitcoins on: September 30, 2013, 05:49:24 PM
this was an exchange account, sounds like? unfortunately, they are not particularly safe. i am sorry to hear about your loss...  Undecided
634  Other / Beginners & Help / Re: What do you see bitcoin will go in a year? on: September 30, 2013, 05:46:49 PM
Despite the intensive mining on it, if there's no serious adoption by government or banks, etc, I see it will go no where. In a year it will probably stay at $100 per BTC.

I don't think any government will adopt it though, because of its decentralized nature.
it won't be adopted by government. but i think we will see increased adoption in the mobile/web payments industry, which is growing very fast. i hope bitcoin can keep up, though, because there is lots of vc money pouring into new mobile payments ventures.
635  Other / Beginners & Help / Re: What you will do with 1 BTC? Share your thought and win it on: September 30, 2013, 05:45:22 PM
i would tuck it away in a cold wallet and wait until btc is worth 6 figures.  Cheesy
636  Other / Beginners & Help / Re: hello guys on: September 30, 2013, 02:23:03 AM
I had to make this post in order to ask a question about buying expensive mining hardware. I hope this post'll make me able to do that Smiley
welcome. yep, do your short time as a newbie and then you can post all around the forums. don't forget about the newbies though! we were all a newbie at one point.  Grin
637  Other / Beginners & Help / Re: First Post on: September 30, 2013, 02:20:31 AM
Hello everyone, I'm just here to make my first post so that I can place an order in the mining section. I have no idea why I haven't joined the forum earlier but here I am.
welcome! as someone mentioned, be careful considering future ROI with pre-orders, it can be a very big gamble!! glad to have you aboard here on the forums -- welcome to the newbie jungle, hehe.
638  Other / Archival / Re: Do you know legit websites to buy cigarettes online? on: September 30, 2013, 02:18:54 AM
I've been buying a lot of them (over 30 cartons by now) through Silk Road. If you want me to order for you that could be arranged. Never had any issues with them
i wonder why i never thought of this!! problem for me is that i can only fund my brand/cut in one smoke shop around here.... i'd love to be able to pick up cartons, but i have a feeling it may not be available on SR....  Undecided
639  Other / Beginners & Help / Re: Hello! on: September 30, 2013, 02:06:56 AM
I'd just like to say hi, I've lurked for about a year and I got an account finally.
i was a longtime lurker too -- i know how that goes!! glad to have you aboard. welcome to the forums and especially to the newbie subforum!!  Smiley
640  Other / Beginners & Help / Re: How to protect your Bitcoin wallet on: September 30, 2013, 02:06:03 AM
I found this guide to be useful: http://www.shortingbitcoins.com/tips-to-protect-your-bitcoin-wallet/

Let me know what you think guys.
thanks, i found this to be really helpful. great guide.
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