Latest posts of: chrisdbc

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on: December 11, 2010, 11:09:32 PM

Is it possible to modify the original client to have a "lightweight" mobile-friendly mode and support for offline transactions? Something to ponder before digging into a new bitcoin implementation.

on: October 15, 2010, 07:31:00 AM

Could this be more profitable than simply letting bitcoin use the spare cycles to generate coins?

on: October 13, 2010, 06:33:05 AM

Quote from: jimbobway on October 13, 2010, 06:14:02 AM I got a brochure in the mail from USPS warning me of fraud. No joke. Is thus a coincidence? My second letter to bitcoin2cash should be arriving any time now, this time without the company name. I got one too the other day and was wondering the same thing. I think it's just a mass mailing from the USPS. See here: http://southfloridapostalblog.blogspot.com/2010/09/inspection-service-do-you-know-warning.html

on: October 13, 2010, 03:18:51 AM

Quote from: chrisdbc on October 11, 2010, 04:27:57 PM Mailed $20 to b2c earlier last week. Hopefully it will go thru soon. I'll follow up here when the transaction is complete. My letter to bitcoin2cash wound up returned just like jimbob's It was addressed exactly the same way as his letter. My guess is that TTBit is right that USPS might get suspicious when the business name doesn't match the address. Leaving out the name entirely is probably the right way to make our letters containing cash as inconspicuous as possible.

on: October 12, 2010, 09:08:46 PM

Quote from: idev on October 12, 2010, 09:02:40 PM Quote from: chrisdbc on October 12, 2010, 08:55:35 PM Would it be any safer to accept funds from "verified" paypal accounts only? But what if the verified account is hacked aswell ! Are the fraudulent transactions mainly from hacked paypal accounts or paypal accounts backed by stolen credit cards? If it's the latter, then requiring verified accounts could help because of the extra bank account verification step.

on: October 12, 2010, 08:55:35 PM

Would it be any safer to accept funds from "verified" paypal accounts only?

on: October 11, 2010, 04:27:57 PM

Mailed $20 to b2c earlier last week. Hopefully it will go thru soon. I'll follow up here when the transaction is complete.

on: October 04, 2010, 03:10:54 AM

Quote from: kiba on October 04, 2010, 01:50:06 AM I suspect it's more profitable to run a email scam than to generate bitcoin. Probably true. There are likely many other more efficient ways of illegally making money.

on: October 04, 2010, 12:52:11 AM

Quote from: kiba on October 03, 2010, 08:12:03 PM Quote from: chrisdbc on October 03, 2010, 08:08:33 PM I'd be much more concerned about what somebody with a botnet might be capable of. So what if a botnet generate all these bitcoins? He'll be able to move markets for his money. Big deal. It's certainly a big deal to steal other's resources to generate bitcoins.

on: October 03, 2010, 08:08:33 PM

I'm just getting into this whole bitcoin thing. It seems to me already, though, that getting great results from bitcoin mining would require a server farm, super computer, etc; worrying about individuals taking advantage of their GPUs or crypto accelerators is probably pointless. What can 30000 khash/s really get you? Maybe around the equivalent of $1.50 per day at current difficulty levels? Not really a very efficient means of recouping the cost of an expensive gaming rig. I'd be much more concerned about what somebody with a botnet might be capable of.

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