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1701  Economy / Services / Re: Looking for escrow on $1mm deal on: January 16, 2016, 09:26:26 AM
Why would anyone care to help someone else out and do all the work for pennies? Yes i understand this is a large deal but the fee should be there regardless of the amount of any deal. 1% is way too low IMO but possibly doable being as the size of the deal is large but less than 1% youre not gonna find anyone but a theif.

True fact. A free escrow can be done upto a certain limit where the escrow provider doesn't have to take extra precaution for holding the funds.
But for the said amount a significant amount of fees is a must for escrow to done safely. One such instance is bitpop who always take fees (at least transaction fees) even if you escrow 0.001BTC to him and I respect him for that. Escrowing such a huge amount is not an easy task to manage and for that 1% fee is never enough. I will never go for an escrow where one does it for free or a much lesser fee because it seems too good to be true for me.

I'm offering escrow for free but that doesn't mean that i pay the fees. If i get 1 Bitcoin into escrow and i don't receive a tip with it then the seller can only receive 1 Bitcoin minus fee obviously.

Free escrow doesn't mean that i don't get tips. In fact free escrows might even get more than escrows with a fixed fee since users have to think about a tip for themselves. Even though some don't tip there are some who will tip more, simply because they like the fact that you don't demand a fee or to show their appreciation of the service.

And if you check out my servicethread at [ANN] SebastianJu - Free Legendary Escrow Service - Escrowed over 8150 BTC then you can see that i did not scam even when i could have been rich by doing so potentially.

I started to offering escrow because i was scammed way too often and i don't like scammers because of that. In order to help others protect themselfes and stop scammers i could do this VERY often already. That's pleasing in itself and getting tips additionally is nice.

If the counterparties to the escrow know 100% how 2-of-3 or 3-of-3 multi-sig works, they can grill any potential escrow agent to test their expertise. It's not so much that they're trying not to find a thief, it's that they want someone who can't be bribed to collude with one counterparty. The legal contracts and real-world identities would deter bribery.

Then a 4 of 5 multi-sig or more than that will definitely work. Also I would like to add that each one should share their valid identity proofs though video taping because $1M isn't a matter of joke. Nobody should just judge a person having +1000 trust with that amount.

I think for that sum it really would be best to have a network of highly trusted escrows involved. Something like 4 of 5, similar to the escrow network suggested by grtthegreat. It would be highly unlikely that a scam can happen then.

I could provide my real identity but would do so only after i learn to know the company who wants to buy. In fact i doubt this is a real offer, a company could simply buy their coins on an exchange, except they need to hide some black money or so that they would need to hide from official investigations. Being involved in this with your real identity sounds might be pretty risky legallywise. The same goes when you would receive fiat on your bank account. It could come from phished bank accounts and you would be forced to pay it back to the bank accounts it was stolen from. Then you would need to hope the bitcoin seller has given his real identity. Because you would need to get it back from him then.

Anyway, if this is real i would check it out.
1702  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: January 16, 2016, 08:57:10 AM
OK LADIES LAST ADVICE

SELL YOUR CLAMS NOW, THE PARTY IS OVER

SUB 0.001 BY THE END OF NEXT WEEK, MARK MY WORDS

REALLY, I'M NOT KIDDING  Wink

So where should i put my buywall then? Cheesy

Though i don't really see your words being true. I mean you are named VultureFund so what you want to do is holding clams. You can't profit from a dropping clamprice except someone lent out a big amount of clams to you. Which i would doubt.

So in fact i think you will buy cheap clams, that's all. You won't bother selling clams for a low price only to push the price down.
1703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: January 16, 2016, 08:54:14 AM
Thank you for clearing that up Dooglus and thank you for fixing the client to show the correct weight relative to the size of the stack.

Well, my first fix, back in September, left an empty column called "12":



And today I removed the empty column, so now there's no "weight" at all:



I figure there's no point showing the weight when it's just the same as the value in CLAMs.

Isn't the weight only the full clams? So 2.9353434 clams would have a weight where part of the weight calculation takes the amount of clams into account, but only as the full amount of clams on that address? Which means it would be 2 for 2.9... Or was it the value of the inputs on this address that were changed to integers?

Edit: Ah ok i see your previous post before my post. Seems it doesn't take integers. I wonder if i had this idea from another pos-coin. Roll Eyes
1704  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 16, 2016, 08:33:41 AM
I'm earning bitcoin by trading and gambling (ofc) full te gambler.

Have you ever done casino in house investment and if you have, what s your opinion and result of that?

If you are interested in that i would suggest trying out clam investments in justdice. The profit comes from the gamblers losing and from staking on top. For testing purposes you can invest a small amount only too.

By the way, you can set your investment so that you claim that you invested 100 times more than you actually really have. That way your risk is rising when big bets are played but also your chance of winning bigger parts of the house profits are rising.

You only need to have a look at the bitcoin price because clams hold their value and are traded in bitcoin. So that when the bitcoin price is dropping and clam price normally stays the same, then your claims are worth less fiatwise. Of course when bitcoin is rising then your value goes up additionally.

You can check it out with a small amount and let it lay there for a month. Set it to /offsite max in the chat so that you have 100 times more invested than you have too. Then check out the results.
1705  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 16, 2016, 08:20:24 AM


Yeah, if you are trading blindly, the risk is high and it can be synonymous to gambling. But if you study it, have the right tools, then it is calculated risk. Profit is big. There is still the risk to loose but very minimal.

Yup! if you can get the right tools in calculating and study the movement it will be effective with trading like you said the profit is big and in often times you will need luck in every move you make, the risk is there also so be very careful.

Minimal losing is like for the owner to decide. If he sees that your profit are getting larger he will make you lose. And of course are minds are set to get it back. Then you lose again until the time where they get all your profit and somehow you just realized that you are losing a lot too.

He wrote about trading, you about gambling. And normally it should not be possible that a dice site owner makes you lose. Provably fair means the gambler can check if the owner is doing something shady or not.
1706  Local / Biete / Re: 15% Rabatt auf amazon.de Bestellungen bis 1.000 € on: January 16, 2016, 08:17:24 AM
Dann würde der Käufer praktisch seine Escrowadresse selbst erstellen und die Arbeit würde darin bestehen sie jeweils bei E und B im Wallet zu importieren.

Escrower und MrDJ/MrLehmann müssen nur ein Schlüsselpaar erstellen. Die 3 Public Keys und der der genutzte Multisig-Typ (2-aus-3) ergeben dann ein eindeutiges Redeem Script und damit auch eine eindeutige Adresse. Ein neuer Käufer bringt einen neuen Public Key und generiert damit automatisch auch eine neue Adresse.

Die Adresse ist nämlich die Hashsumme über das Redeem Script (daher nennt man diese Adressen die mit 3 beginnen auch P2SH Adressen - Pay to Script Hash)!

Die generierten Schlüssel müssen übrigens nicht zwingend irgendwo importiert werden. Die Private Keys werden ausschliesslich zum signieren der Zahlung vom Escrow Konto zu MrDJ/MrLehmann genutzt. Meine Empfehlung ist, diese Schlüssel nur dafür einzusetzen. Ich halte beispielsweise meine beiden Escrow Schlüssel (den alte und die aktuelle Version) komplett getrennt in einer eigenen verschlüsselten Datei.


Danke!

Was ich mich frage ist wie kompliziert es für einen Neuling wäre das zu nutzen. Auf jeden Fall könnte man die Public Keys im Thread anbieten und ein Tutorial dazu wie der Interessent eine Adresse erstellen kann. Müsste man schauen ob das jeder einfach hinkriegt oder ob er davon abgeschreckt wird.

In jedem Fall, MrLehmann, wenn du daran Interesse hast gib Bescheid und ich würde mitmachen. Smiley
1707  Economy / Service Discussion / Re: Bitcoin Core Password recovery Service on: January 16, 2016, 08:05:17 AM
The only way this could run as legitimate service would be for the owner of the site to escrow funds that are held inside wallets for
each individual case. Otherwise it's just another service that has 99% chance to sucker you up.

I wonder how that could work. Imagine he receives a wallet containing claimed 100 Bitcoins. He tries to open it, but can't. Then how can he get the escrow funds back? He can claim he deleted the wallet but still, it could be possible that he gets the escrow funds back and then suddenly the 100 bitcoins vanish from the wallet he claimed he couldn't bruteforce.

I would not accept such an escrow. Or at least make the risk clear to the one with the blocked wallet. If he understands and agrees that i can't be held responsible for that risk then i might do it.

Its also not the only way. For some wallets its possible to work on a private key that holds no funds to get the password. The password is the same for the entire wallet, but its useless without the encrypted private key that holds the 100 BTC. The change address you used 1 year ago and now has 10000 satoshi left is perfectly fine.

See e.g. the post by knightdk above.

Didn't realize that possibility. Thats a good way then. Unfortunately probably only for experinced users because newbies very rarely will have private keys being stored somewhere. But it might be a good advice for newbies to back up a private key of an unused or empty address when creating a wallet.

Experienced users probably will run rarely into that situation. Making backups is probably something experienced users already had to learn so a lost password might be rarely happening for them.
1708  Economy / Service Announcements / Re: Cryptostocks - BTC,DVC,LTC denominated Stock Exchange/Crowdfunding Platform on: January 14, 2016, 10:21:36 PM
It seems that more and more pages are using Bootstrap and hence they seem to look more and more alike. I see this as a positive thing, as users are confronted with a similar GUI but it takes away a large part of the unique look.

Who are we? Cryptostocks is run by the same group of people who run https://vircurex.com. As such I believe we have proven over the past 9 months that we are running a secure and sound business and earned the trust of our customers.


vircurex is still working then, are they still run by the same people.   Thing is the stock should not be reliant on the exchange for value so its not quite as bad as when coin exchange with deposits fails in service

If they are still owned by the same people then it's strange that vircurex still runs fine while cryptostocks is abandoned. At least they should have asked the issuers to move the stocks to vircurex then.
1709  Bitcoin / Electrum / Re: Electrum - Bitcoin client for the common users (friendly and instant) on: January 14, 2016, 10:09:56 PM
Hey guys, I hope someone can help me... Embarrassed

I installed Electrum 2.5.4 first time on this computer and havent set up any password and I have no seed. It says it is encrypted and to set up password it asks me for the old one, but there is no old one. I didnt create any.

I havent this problem with older version on my old laptop. Creation of seed and password was part of instalation process. Not here.
What to do? Can I send BTC to that wallet, or it will ask for non exsiting password when I will want to send it from wallet?


I would not use that wallet.

Is that wallet currently empty? If it is do the following. Close electrum.

GO to C:\Users\<username>\AppData\Roaming\Electrum\wallets

WHere <username> is your username

Delete the wallet file

Start electrum again and create a new wallet.



Yes, it sounded to me like there might have been an electrum wallet installed already. The wallet files were still there so only the electrum.exe was deleted and now after reinstall the old wallet was used again. Which was encrypted.

Portable is better. No strange storage locations and full control about everything that is part of a program.
1710  Economy / Securities / Re: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit on: January 14, 2016, 09:56:00 PM
The last info i received is that a big shareholder and the issuer will speak about counterparty, maybe even in the next hours. I hope they will set up everything, in fact it might be likely since it is sooo very easy to handle counterparty. It would be harder to explain it than simply doing it. Cheesy
1711  Bitcoin / Bitcoin Discussion / Re: Are we stress testing again? on: January 13, 2016, 11:05:53 PM
We are having around 8-10k unconfirmed transactions for the last few days.. Seems this is the new normal.

Well, some people want a "fee market" really badly. Roll Eyes As if the miners will stop mining when we don't raise the fees that have to be paid. In fact we could drop 99% of the hashrate and the network still would be secure. That we have 100 times more mining than needed only shows how well paid mining is. No need for a fee market at all.

Well, there is no alternative to support at the moment.
1712  Economy / Trading Discussion / Re: What is your trading strategy? on: January 13, 2016, 11:03:19 PM
Trading is just like gambling. So we can't always gain profit on it. But if we are in luck , we can get a profit through historical chart.
Maybe start trading with stable altcoin with higher chance to raise up

If you know what to do then it is not the same as gambling. It is betting on something but you have a higher chance to win than to lose over time. The opposite to gambling at a casino where you are at a disadvantage.

Though it takes a long time until one can predict the price movements good enough to raise the chance to predict the price movement correctly. In general the bigger timeframes are easier to predict.
1713  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 13, 2016, 10:52:51 PM
Hope these guys will suprise us with something that NO ONE in the market did untul now !!
To create a real mining rig that can beat the difficulty and make real ROI !!

In no way there is still a working company alive. They are dead in so many ways. Your hope is hopeless for sure.

I wonder what the police would find out when they investigate all the people that were near friedcat. Someone has to know something i think.
1714  Local / Biete / Re: 15% Rabatt auf amazon.de Bestellungen bis 1.000 € on: January 13, 2016, 11:28:47 AM
Ich habe bis jetzt noch kein Multisig benutzt weil das Interesse einfach viel zu gering ist, es gibt einfach sehr wenige die sich so tief damit beschäftigt haben. Aber ist es nicht eher so dass zwei der drei Schlüssel benötigt werden um die Transaktion aus der Multisigadresse HERAUS zu machen? In dem Fall dürften sich die Schlüssel ja nicht beim Käufer sammeln weil die Transaktion ja zu MrLehmann, bzw MrDJ, gehen müsste.

Richtig. Die privaten Anteile der Schlüssel bleiben immer privat (beim Käufer, bei Dir und auch bei MrLehmann/MrDJ).

Im Prinzip wird doch zwei aus drei so erstellt dass jeder der drei einen Schlüssel bekommt, ich frage mich gerade wie das gemacht wird ohne dass jeder ein neues Wallet erstellen muss und so dass jeder nur seinen eigenen Schlüssel kennen lernt, und die Adresse ist dazugehörig. Der Käufer schickt dahin und die Coins können dann da raus geholt werden wenn einer von den dreien seinen Schlüssel an einen der anderen beiden schickt. Wer zwei Schlüssel hat der kontrolliert die Coins.

Alles richtig?

Jeder der Drei (nennen wir sie z.B.  A - Kunde, E - Escrower/Du, B - MrDJ/MrLehmann) erstellt sich ein Schlüsselpaar (mit p - privat und o - öffentlich).

Eo und Bo werden hier publiziert. Ein Käufer nimmt nun seinen eigenen öffentlichen Anteil Ao und erstellt aus Ao, Eo, Bo die die Multisig Adresse und gibt mit der Überweisung das so entstandene Redeem Script (nennen wir es R) bekannt. Dieses Redeem Script definiert die Adresse an die nun das Geld überwiesen wird. Es kann nun jeder Beteiligte die Korrektheit der Überweisung auf das Escrow Konto prüfen.

Ist die Ware angekommen erstellt der Käufer mit R und seinem privaten Schlüssel Ap eine Transaktion, die den Betrag vom Escrow Konto an MrDJ/MrLehmann überweist und schickt diese Transaktion an MrDJ/MrLehmann. Diese Unterzeichnen sie ihrerseits mit Bp und geben die Transaktion frei.

Damit ist das Geschäft erledigt. Keiner hat den privaten Schlüssel des jeweils anderen bekommen und für Dich fällt im Normalfall gar keine Arbeit pro Geschäft mehr an (ausser im Treuhandfall).

Oder kurz:

  • Käufer: Ao, Eo, Bo -> R.
  • Käufer: Überweisung auf Adresse(R) und Bekanntgabe von R an MrDJ/MrLehmann.
  • MrDJ/MrLehmann: Prüfung des Geldeingang mit Hilfe von R.
  • Käufer nach Wareneingang: Erstellung der Transaktion an MrDJ/MrLehmann, Signatur mit Ap und Bekanntgabe an MrDJ/MrLehmann.
  • MrDJ/MrLehmann: Signatur der Transaktion und Broadcast ins Netzwerk.

Wie gesagt, es ist tatsächlich sehr viel einfacher als es sich anhört. Wenn man den Prozess einmal durchgeführt hat, wird das sehr schnell klar.


Danke für die ausführliche Erklärung. Das mit den öffentlichen/privaten Schlüsseln war mir noch nicht so klar gewesen.

Mir scheint die Unterschiede wären:

A und B müssen ein Schlüsselpaar erstellen.

Ansonsten gibt es keinen Mehraufwand für die beteiligten Parteien. Ich gehe davon aus dass PM's ohnehin geschrieben werden und da einen Schlüssel einzufügen ist kein Aufwand.

Unterschied zu jetzt wäre noch dass MrLehmann/MrDJ jeweils ein Schlüsselpaar pro Escrow erstellen müssten. Oder nein, vielleicht reicht ein Schlüsselpaar um verschiedene Escrowadressen zu erstellen? Dann würde der Käufer praktisch seine Escrowadresse selbst erstellen und die Arbeit würde darin bestehen sie jeweils bei E und B im Wallet zu importieren.
1715  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 13, 2016, 09:49:29 AM
Will be better grow bitcoin by play small amount on gambling instead of cloud mining.
Gambling is losing game due to the house edge! You are giving money to them. If you have no better investment , it is better to let your coins stay at the wallet. When the bitcin price grows(I believe it will in the longer term), you are still getting profits in term of fiat.

Yeah a gambling site owner itself told me that house always win even under the provably fair system. Funny since he is the owner then he stated that kind of statement lol. 

You sound like you think that this proofs he is a scammer then. EVERY legit dice site will always win at the end. That is why it has the 1% house edge. It means that there is a small percentage of the chance in favor of the house, so the casino. It's fully normal since they offer you a business and they need to earn money.

If you thought that the chance of winning was 50% to 50% in reality then i wonder what you thought how casinos can be a big business.

Every non addicted forum member will tell you that gambling is a bad idea because you are at a disadvantage. That is no hidden secret.

Oh you take it serioulsy.

Im talking to the owner of 64blocks. A legit site. He stated in our local thread that house always win and then someone give him a joke that he will play in the site but after the owner stated about house win then he changed his mind lol. Smiley

You sounded pretty serious. Hm... well, as long as you know it's normal and no scammy behaviour then it's fine. Tongue
1716  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 13, 2016, 09:45:08 AM
GENESIS CLOUD MINING - Full Trusty Worthy Site Guaranteed

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https://www.genesis-mining.com

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Use this code and get a discount on hashing power

I wouldn't suggest that. You won't break even with them. I tried with the smallest packages a year ago or so.

Besides, you post reflinks practically.
1717  Economy / Service Discussion / Re: Bitcointalk Escrows - Trade Safely! on: January 13, 2016, 09:38:47 AM
I think there is now a lack of trusted providers that will escrow forum accounts. I hope buyers here start to realize that escrows deserve some decent payments for being trusted and offering this service. I know that Master-P scammed, but look at his trust... it was all from escrows and nothing else (not nearly as trusted as others here). When you start to look at people's trust scores and really read the feedback you will notice there are not many people who are really trusted. I know it took me years of trading and being legit to get to the point I am now (hardly anyone asks to escrow when dealing with me). It is a lot of work dealing with trades and being responsive for people here. I know if people starting tipping/paying decent I would still be escrowing/in the big 5 etc..



I escrow accounts when they are worth at least $50. The work you have to invest in order to not get scammed as an escrow or to prevent the buyer from being scammed otherwise doesn't match the risk of lower valued accounts. At one point in time i accepted all account escrows and it took hours per day only doing that... for a very limited usefullness.
1718  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 13, 2016, 09:25:10 AM
Buying and holding is the way i grow my bitcoins. There are options to earn as well but I find that kinda slow

As the bitcoin's price is rising nowadays holding the coins could be profitable method to growing up our bitcoins, you can also building your account in this forum and reaching good rank and joining the signature campaign there to make some extra income

Holding can't increase the quantity of your coins. Ups or down in the price, still the number of your coins will remain the same.

To really enjoy the price uptrend, increase your hold coins with any method you know.

That is certainly true, but there is a way that you could grow your coins even when holding. You could try lending your Bitcoins at Poloniex exchange or hold them in a savings account such as Magnr that would generate interest over time. So far, this have worked a lot for me, but at times it could be risky as well.  Smiley

I believe the profits from lending out on bitfinex are higher than on poloniex. There is a free bot on the forum too. MarginBot. He can automatically lend for the best possible rates.
1719  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 13, 2016, 09:22:30 AM

Yeah a gambling site owner itself told me that house always win even under the provably fair system. Funny since he is the owner then he stated that kind of statement lol. 

Maybe his conscience really get to him that is why he said the thing a gambling site always keeps it secret, haha slip his tongue and giving his gambling sites a bad reputation towards customers feel really sad for him Grin Tongue 

No, check my previous post. He did not speak out a secret, normally every gambler knows that the house has a small advantage. "The house always wins" means only that at the end, after thousands of bets, the house for sure will have more money than it had before.

That was never a secret.
1720  Economy / Service Discussion / Re: Bitcoin Core Password recovery Service on: January 13, 2016, 09:22:17 AM
The only way this could run as legitimate service would be for the owner of the site to escrow funds that are held inside wallets for
each individual case. Otherwise it's just another service that has 99% chance to sucker you up.

I wonder how that could work. Imagine he receives a wallet containing claimed 100 Bitcoins. He tries to open it, but can't. Then how can he get the escrow funds back? He can claim he deleted the wallet but still, it could be possible that he gets the escrow funds back and then suddenly the 100 bitcoins vanish from the wallet he claimed he couldn't bruteforce.

I would not accept such an escrow. Or at least make the risk clear to the one with the blocked wallet. If he understands and agrees that i can't be held responsible for that risk then i might do it.
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