Would want me to explain how that process would work, in public?
You see only A and Z could spend. All the A(...)Z between only passed it along.
It's called a copy. It becomes impossible to prove than B through Y only passed it along without making a copy. Even if when Z gets it the funds are still there it is now unprovable if the funds are secure. They could "disappear" in the next second or the next year. Also if I am "A" I really don't want to be doing business with an entity so stupid as to essentially leave money lying around in big piles without any accountability. When it goes missing I don't want them coming to look for me ... especially if I didn't even have anything to do with it. Ok, Ok, It can't be done. It's not possible. You're right. |
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I would tend to believe that the people that would to that in a serious Organized Crime way, would be trusted or dead.
Sure. You understand stand that at any point in the future anyone who had access to the wallet.dat could spend it and that spend would be untraceable. So I buy $1M in drugs from you and give you a $1M wallet.dat. You don't spend/transfer it to a secure address. You pass that wallet.dat up to your boss, up to his boss up to his boss. Suddenly one day the wallet is empty. Who stole it? You, me, your boss, your boss to frame me, your boss to frame you, you to frame your boss and take his job? Would want me to explain how that process would work, in public? You see only A and Z could spend. All the A(...)Z between only passed it along. but meh... Sorry went off Topic here. Back to Topic. |
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They didn't even mention that beyond a network P2P, that there could be exchange of Wallet.dat files that the network wouldn't even see. That is non-viable method beyond immediate and well trusted peers and only for tiny amounts of money. I would tend to believe that the people that would to that in a serious Organized Crime way, would be trusted or dead. Just saying... Trust, money and criminality don't get along very well... Just saying... Orly? Ok, nvm then. |
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They didn't even mention that beyond a network P2P, that there could be exchange of Wallet.dat files that the network wouldn't even see. That is non-viable method beyond immediate and well trusted peers and only for tiny amounts of money. I would tend to believe that the people that would do that in a serious Organized Crime way, would be trusted or dead. Just saying... |
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I personally don't think it is real, but it might be. I'll tell you why?
The very first page graphic, but that might have been added later by OP.
The information contained in the report would only be an awareness of Bitcoin to cc: parties and not provide any really useful information that anyone that uses a computer doesn't know. But then again, they are usually behind the 8-Ball.
And if real, they have missed swathing sections on how really hard it is to track. They also point out a bottle neck when converting to fiat currencies which is true if using an exchange but if not it would be really hard to tell even IF a conversion to fiat currency took place.
They didn't even mention that beyond a network P2P, that there could be exchange of Wallet.dat files that the network wouldn't even see.
But in the end, this is a 40 Million Dollar economy. Yes it is large but no where near what the 'BigBoys' would move.
Of course, the 'BigBoys' don't worry about the FBI because they have the power to sway government agencies or at least control senior executives in them. We're talking Billions not 40 Million. I've seen how big companies work and how the 'government' ignores it. I am for capitalism but for FAIR capitalism.
BTW: Any time the FBI using the term Money Laundering they should be saying: "We are to stupid to catch the people doing the crimes, so we will try to follow the money AFTER they have committed the crimes." Basically they are Lazy and a foot on the ground is more expensive than a computer in a bank.
End Of Rant.
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Here's what I would like to see:
A debit card that holds a balance in BTC, but is usable in USD. As soon as I swipe my card, the conversion is made at the current spot price, the vendor is paid in USD, and the BTC equivalent is deducted from my account.
This is doable. Once enough reserves are acquired, it would be one of the best cards on the planet. Essentially, it is a traditional fiat currency credit card backed by BTC. Visa and MC might initially have a problem with this, so another new version would need to take hold first. i.e. BC Card, etc... Then they would jump on the band wagon. Can't let their market share decrease.  btw: Tangible nice work. |
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Oh, on the point about a 'seed'. Yes, I had hoped that the fairness would be obvious to incline people to give it a go. So, I might on the next round put in 10 to 50 BTC as a starter.
The amount that could have been won here was rather large if people participated comparable to 'mining contracts' but not having to wait to receive the BTC.
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My point about picking 16 as the first number is holding true tho...
Since right now, 16 would provide the best odds of winning. Your point is also true. Someone should just pick 17 then and then 18 etc...
Even though those numbers don't provide the best amount of combinations, the next closest but lower number rule would work. Unless, after 16 is chosen someone picks 100 instead of 17.
Meh... I'm preaching to the choir. I am sure you've analyzed it.
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I think there might be more strategy if you let people pick the same slot and made them share the prize. Then there is a tension between the more likely numbers being desirable but not wanting to split. Being first on the best number that doesn't get doubled up on (will depend on the number of slots a player expect to be bought) would be ideal.
Curiously, what are the more likely numbers? Your suggestion would provide tension but lets see how the rules as set work for selling out. Do you think the game, as structured, is fair? I think it must be fair since we all have the same position and choices right now. Of course it could be that the right move is not to play and it seems to me (I've not thought carefully) that when you pick a number someone will come in and choose one number above you reducing your chances by a lot. The sums are certainly not equally likely. 16 can happen in exactly one way, disregarding order. 18 can happen with 1 2 3 4 5 8 or 1 2 3 4 6 7. The numbers in the middle have many many more ways of happening. I actually think that makes it a potentially interesting game. I think things like this need a seed to get the ball rolling. Take a cut so that if you make a fun game that people like you can get your money risked and more back. If you don't mind I might try to run a different version of this before long. If you want to try again though I'd rather not butt in. No I wouldn't mind at all. I tried to come up with an interesting game to make people think and use strategy while providing an indisputable method of proving the winner. Your point about the combinations is spot on but because of the "the next closest but lower number would win" rule it makes it a little more complicated than just picking combinations depending on which slots are taken. It was/is an honest effort to provide a fair but interesting game. Thanks for your input. |
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Hi
i am an econ nerd
it hasnt gotten me laid
LOL, Well if you are a 'good' econ nerd, it will. |
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Can I have the Movie Rights?
Hunting Atlas is a great title.
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You will scare anyone that is new and sees it away.
Wont it just scare people who plan on scamming others, legitimate traders have nothing to fear? Many would think so wouldn't they? First it will do nothing but evolve the techniques of scammers. But that is not what I am concerned about. Lets assume the essentials are correct. Should his mother and ex-wife pay for his sins? You are possibly punishing others for someone else's wrongs. But lets look at the What-Ifs: What If: His mother and ex-wife are good friends, possibly because there are children involved and they are close. So she comes over to 'visit' a lot with the Grand Mother. But you know, the ex-wife really is pissed at her no good ex-husband. So she uses his computer to tarnish his name. What If: His mom is doing it and blaming her son? What If: The are children in the house that are computer literate and are using his information. What If: The neighbor has cracked his wifi and on a visit came over and helped him out with a 'computer problem' and is using his information. Who would people use to get away with crimes if they were going to frame someone? Would they use an upstanding citizen or use a hooker, persons with problems, etc... All I am saying is when the community runs across these situations it can be handled discreetly without having to publicly post information that may or may not be correct especially since we don't know the circumstances of all the situations possible. As far as a new person seeing it. What they would assume is if someone expects them of being a scammer without all the possible facts that someone weird ends up with trading details and a serious search for identity is undertaken. Then when and if agreed by people, their dox are publicly posted hurting not only them but their mothers and wives (ex in this case, apparently). If SomeoneWeird wants to do this, it is up to him. But do it in an upstanding way, Dox yourself just in case if you are wrong or someone gets hurt, he could share some of the responsibility. |
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This is not good.
I understand why it is done. But, this is not good.
You will scare anyone that is new and sees it away.
Can these situations be handled with a little more discretion? Please...
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A little off topic, but since it was brought up.
Timbo925, You do nice work. I like the ones you submitted for Pir8 also.
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3 Days left. 0 Entries... Please don't rush now... no hurry. I'm learning a lot here... really I am. |
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This is a pure financial pyramyd that works in CIS, all over the Europe, Australia and USA!
Over 30 000 000 people are already in!
I will think of how to present the basic information to you and put it here tomorrow
LOL, Well I give you points for saying what it is. However, Pyramids are illegal. But you'll find someone, I'm sure. |
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The Business Model.
There is one I know of, that is legal, that could do it but that would leave you very little left over (percentage wise).
So... basically. How?
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I love chess. It is a lost art on most.
If I may, people do not like signing up for stuff. Especially a game that can be played free almost anywhere. A possible solution to your 'freeloader' problem would be to set up tournaments (even over a week or two) and charge for entry. The house (that would be you) would keep a percentage of the prize(s).
All that would be required is a Receive Address for <nicks>, and a Return Address for <nicks> (in case they win).
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