Latest posts of: EvilDave

Swift kick....I like Noble, tbh.
Seems like one of the few legitimate, long-term alts.

Happy Birthday, you old git.

How many candles on your cake?

I love the title of this thread. Need to go and take the piss out of the OP a little, just for being so wrong.

Has anyone noticed how NXT and its assets are taking over ?

We have NXT at #5, Nxttycoin at #15, NEMstake at 41, jl777hodl at #47, MGW at #70......not bad for a dead system. Roll Eyes

And have I mentioned the supernet/Project UNITY yet ?
http://thesupernet.org/
https://bitcointalk.org/index.php?topic=762346.0

UNITY is going to make a big impact...... Shocked

Jaguar.

Just had to post this......it's so pretty.

Put half of it into a really clean concours condition classic car.

May I suggest one of the early E-type Jaguars:
http://www.ebay.co.uk/sch/Cars-/9801/i.html?_from=R40&_nkw=jaguar+e-type&_sop=16

Or whatever you like. Almost impossible to lose money on classic cars, and the market for E-types is exploding again.

Then put $100k into BTC, and look around for a small handful of sane alt-coins to invest in.
BTCD, NXT (and its asset coins), Boolberry, probably LTC would be recomendations, but every one will pump their favourites.

Basically, don't invest $500,000 based on the advice from anyone on this forum: do your research, take your time and spread your investments around.

Edit: Or, yeah, just give some to jl777. I've seen the results of his work over the last 6-7 months and I'm impressed.

Ah-ha...Preston Byrne and his BTSX assessment:
http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

And the BTSX community response:
https://bitsharestalk.org/index.php?topic=7065.0

I've spent some time talking to PB, and I'd value his opinion on crypto (and legal) matters.
Dude has a big brain, and is taken seriously by most people.

My personal take on BTSX is that it is a genuine effort to create a new crypto, but I think that it's needlessly complex and that could lead to problems.

Quote from: Bansheroom on September 02, 2014, 02:52:02 PM

Create assets simply from the client. Fees for creating a new asset (while i write this post): 332,717.4144 BTSX
(from bitsharestalk board: The cost to register an asset is proportional to 2 weeks of network transaction fees. Very expensive and intentionally so. Because of the way it is calculated, you can expect it to double when a new asset is registered and then slowly fall over 2 weeks.)

The funds are distributed to the delgates as fees (deatils here: https://bitsharestalk.org/index.php?topic=5859.0)

Why peg the USD? Why not? Because we can? No obsession, there are also € avail, and many other currencies in the future.

Really ?
Did I read that right? 332,000 BTSX to create an asset ?
Which is then given to the delegates ?
How many delegates are there ?

I'm just gobsmacked by the asset fee....not exactly making it accessible, eh?

Quote from: mashac on September 02, 2014, 02:22:40 PM

Quote from: Spoetnik on September 01, 2014, 03:33:37 PM

I am skeptical Bitcoin will do much either.. so far it's hovering around $500 for a loooong time.
It always seems to correct back to that estimated value.
It will take a bloody miracle for it to hit $10,000 any time soon and how long will that take ?

Lol.. so this is your problem. Altcoins diluted the crypto market and your precious BTC didn't reached $10,000 as fast as you expected. Then you got butthurt and went full retard. Rest is history. Grin

I don't think that alt-coins have made any serious impact on BTC so far.....and I'm agreeing with most of what Spoetniks posted.
This scene is basically eating it's own arse for a quick profit......we should be looking outwards at the big wide world of mainstream adoption, genuinely useful features, user-friendliness, etc...instead much of the alt-coin scene seems to concentrate on separating n00bs from their wallet contents as quickly as possible.

Just a pity that S can't see how NXT is actually exactly what he's looking for in a crypto-currency, so we're probably doomed to argue it out until the end of time. Grin

Looks like he can do an investigation of any coin for a mere 1BTC:

Order investigation of any coin!

Order a complete investigation of any altcoin. I will make a deep journalistic research about the coin you pointed out.
This work is pretty hard - it is charged for 1 BTC and takes me 2-5 days to complete.
Email

I've only read his DarkCoin and NXT pieces, but 1 BTC for 20 minutes gathering FUD + BS seems like easy money to me.
Maybe his business model is to post negative articles, which can then be magically transformed into positive puff pieces if you throw enough BTC his way.

Looking good, mate...nice work!

Quote from: MacDuro on August 31, 2014, 08:58:33 PM

I'm still using the one that they randomly generate , I know bad move ... time to create another wallet , transfer funds and pay the damm NxT fess .

The fee you see on the transfer page is only a suggestion.......1 NXT is the minimum, and it doesn't matter how much you transfer.
Someone should have told the BTER hacker that, as he paid out the recommended 51,000 NXT fee on the transfer out of BTERs account.....one very happy forger!

BTW: the random 12 word passphrase that current NXT clients have should be secure enough. We've never heard of a randomly generated passphrase being compromised, only bad user-chosen passwords.

Quote from: Nullu on August 31, 2014, 08:37:10 PM

Quote from: Spoetnik on August 31, 2014, 08:29:41 PM

Quote from: Nullu on August 31, 2014, 08:24:05 PM

This is what worries me about NXT. Can't you just literally bruteforce it until you come across weak passwords?

yeah and that is not FUD'ing but a valid concern !!!

They could easily introduce some basic protection. Prevent weak passwords from being allowable. Temp I.P ban users who make too many password attempts. Force two-step verification. There are so many options to choose from, and I can't see any valid counter-argument to implementing some basic security protection. You wouldn't expect your online bank to let you have such weak security.

Account Control is coming up soon as a NXT feature....it'll allow you to cold-wallet and lockdown your account.
But the point is: the user is responsible for his own security.
NXT is safe, provided you use a decent password and the normal security precautions such as anti-malware scanners and not clicking on every link you see.

Quote from: Spoetnik on August 31, 2014, 08:31:59 PM

Quote from: devphp on August 31, 2014, 08:27:32 PM

Quote from: Nullu on August 31, 2014, 08:24:05 PM

This is what worries me about NXT. Can't you just literally bruteforce it until you come across weak passwords?

Someone is doing exactly that. Try to create an account with a simple password, fund it with a few coins and track how long it'll take for coins to disappear

Someone did that experiment in Bitcoin with a brain wallet too, brain wallet with a phrase like 'hello, world' or something, it was gone in 5 mins. Moral of the story: use a truely random pass of 20+ chars and keep your PC clean from trojans of course.

and even more importantly as BitcoinExpress just said.. DO NOT RE-USE YOUR PASSWORDS !

EVER !!!!!!!!!!!!!!!!!!!!!!! period !!!!!!!!!!!!!!!

you can have 9327587298467508926409750602916843509287640956 of random characters
but when you re-use it.. your fucked !

Its a strange moment....total agreement with Spoetnik!
This was the cause of the BTER hack: if you re-use a password, and it gets compromised somewhere.....the rest of your shit is immediately compromised.

@Yuzu: good luck, mate. I'll see if I can find some orphans to pass a 1000 NXT on to...... Wink

Quote from: BitcoinEXpress on August 31, 2014, 07:53:23 PM

Quote from: Yuzu on August 31, 2014, 07:49:44 PM

Thanks EvilDave. While I'm changing ALL of my passwords I don't want to put my old one out yet. It was very simple for a hacker and I meant to change it but kept putting it off. It was just a Word+number+symbol. Twelve characters. Bad, bad, bad. For anyone who is out there reading this and thinks they have a 'good enough' password, for goodness sakes update it right now. This truly sucks, and you don't want to be in my postion. Undecided

Actually the PW strength probably wasn't the issue.

Malware and using it on other sites are more than likely the issue.

If you were too lazy to change it,

then there is a high probability you reused it or a similar variation of it somewhere else.

~BCX~

Ah...trojans and dodgy sites are possible, but don't forget that there are also guys running rainbow tables against the NXT blockchain 24/7.
Any simple (or well known) password will be compromised, given enough time.
Had a guy on www.NXTforum.org a few days ago who had chosen a Bible verse as his password, and that got compromised pretty quickly.

The answer is simple: use a complex password, ffs. Not one that is easy to remember......
35 characters, upper+lower case, numbers and symbols.

@Yuzu: I know how much getting shit stolen hurts, so post or PM me your new NXT account (with a supersecure password) and I'll send 1000 NXT to help you back on track a little bit.

Quote from: scryptasicminer on August 31, 2014, 07:27:08 PM

It appears to have a lot of hack on NXT lately.

A 3rd party observer may think this is a coin security issue.

The recent NXT thefts had sod-all to do with NXT security, but are all about password security.
Whether its guys choosing "dog" as a secure password for a brainwallet, or server admins using the same password for everything......it's always password security or simple social engineering behind most crypto-thefts.

Quote from: Spoetnik on August 31, 2014, 07:29:48 PM

Quote from: Yuzu on August 31, 2014, 07:25:36 PM

NXT didn't do a rollback when they were hacked, but thanks for taking this post and making it all about an agenda. I messed up with and didn't have a secure enough password, and I'm not asking for anything except information anyone might have.

it was a fair and quite funny joke considering the exchange BTER was hacked for NXT a matter of 2/3 weeks ago.
So in case people don't know out there that is why the joke is funny.. HA HA
(NXT cheerleaders asked for a rollback on the BTER hack)

nothing to do with an "agenda" bud lol

BTER were the guys keen on the rollback, most of NXT community were against it, so Spoetnik is kinda twisting the truth here.
And, yeah, way to express some sympathy.

@Yuzu: what was your password/passphrase ?
It's been compromised, so it's fuck-all good to you now, but it'd be good to see an example of a compromised password.
Might serve as a warning for other people: Choose a very secure password for your crypto! 8 lowercase characters doesn't hack it any more.
You have my sympathy, btw, thieves suck.

Yep, its nearly always a good idea to spread your investments around.

NXT is rolling up nicely right now, with a lot of good stuff implemented and more to come.

Should point out that BTER just launched 6 NXT trading markets, and NXT has several NXT<>fiat exchages/brokers available, you can see that NXT is beginning to break away from being linked to BTC, and I'm currently shifting almost all my BTC (which isn't very much, tbh) into NXT.

Take a look at:
https://bter.com/trade/nxt_btc#
(and then look under markets to find: NXT<>USD, NXT<>CNY, BC<>NXT, BTSX<>NXT and XCP<>NXT)

and:
www.ccedk.com
www.htbtc.com

Quote from: themasknetwork on August 31, 2014, 08:12:43 AM

Quote from: Marmelaada on August 31, 2014, 06:28:06 AM

Hi, i don 't want to set up new discusion about NXT, so i write here.

I want to ask you if somebody know why NXT rise up at the end of may and june. thank.

They have launched Asset Exchange in june. It was a highly anticipated feature and the price jumped 340% in one single month. After AE release, the price started to fall and it's still falling. NXT marketplace launch 2 weeks ago had no influence on price / market sentiment.

The good news is that the price is really low. The bad news is that NXT's new features are just ignored by investors.

AE launched in May, that combined with a few other good things, rollled the price up quite nicely.
Which has then slid down to where we are now.
NXT is, right now, seriously under-priced, with a lot of interesting projects and features coming up, so it's a good time to buy.

For the full story, check out NXT's own forum:
www.nxtforum.org
www.nxt.org

And the newest BTT official thread:
https://bitcointalk.org/index.php?topic=587007.0

One of the more exciting NXT-based projects coming up:
https://bitcointalk.org/index.php?topic=762346.0

James definitely goes on my list of people I'll buy a latte for. Grin

The more I consider the implications and possibilities of SuperNet (and, naturally, the effect it will have on NXT), the more I smile.
We've promised it (almost as a joke) for a long time, but I can now see how NXT is going to become the 'one coin to rule them all'

Can I suggest SNW as the official ticker abbreviation.....?