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141  Economy / Service Discussion / piiko.com … recharge your mobile phone … gone? :( on: June 30, 2014, 03:44:37 PM
Hi

last time I recharged my phone, piiko was "in maintenance". Now, 2 weeks later again it's in maintenance? Or still? I was also surprised to not find any announcement of piiko here on the forum but they recharged my phone several times with no extra fees.

I'd hope to see some announcement thread of them here soon and not some "yeah, they are gone for good" as it was really as easy as it can get. Enter number to charge, pick amount and confirm carrier, send coins. No registration bullshit, so it was perfect to give some bitcoin love to friends that ran out of credit.
142  Local / Marketplace (India) / Re: hey can anyone give a mobile recharge for bitcoins? on: June 30, 2014, 03:38:29 PM
https://www.piiko.com  People can use this site as well..

not anymore apparently Sad The other day I needed a recharge and now again it is "in maintenance" Sad
143  Bitcoin / Bitcoin Discussion / Re: Cost of bringing the Bitcoin network to a halt. on: June 11, 2014, 05:39:36 AM
The attack would not work as the miners wouldn't include only the attacker's transactions but the transactions with the highest fees. All this attack would achieve would be an enforced min fee of 0.0001 + x. The solution would be a wallet that rebroadcastswith higher fees every 5 minutes of not getting the tx in a block.
144  Alternate cryptocurrencies / Altcoin Discussion / Re: New site for analysing crypto coins on: June 09, 2014, 11:23:03 PM
Quick reminder for a feature request: Allow me to sort coins by all-time peak market cap and all-time peak 30d trade volume.

I have difficulties to find those coins that once were notable but failed later and care little about the new coins.
145  Bitcoin / Press / Re: [2014-06-03] Marketwatch - SEC charges bitcoin entrepreneur for share offering on: June 04, 2014, 07:23:09 AM
He sold all his shares to F. Vorhees long before he made any big profits Wink

Who is F.Voorhees? His brother?

Why did he sold his shares? Seems more like a ploy to avoid responsibility to me.

F just happened to be the next letter after E. This whole anonymous stock exchange thing is perfect to declare all stocks as sold while you still have them all.
146  Bitcoin / Press / Re: [2014-06-03] Marketwatch - SEC charges bitcoin entrepreneur for share offering on: June 04, 2014, 04:35:18 AM
How did they arrive at $15,000 profit?  I was under the impression he cleaned up millions from Satoshidice?

He sold all his shares to F. Vorhees long before he made any big profits Wink
147  Bitcoin / Bitcoin Discussion / Re: The unit poll on: June 04, 2014, 01:46:40 AM
Interesting. Given that only 75% of the Bitcoin forum users approve of Bitcoin, I have a doubt if people understand this voting mode. Personally I believe this is the first vote that actually makes sense as I never felt like making a choice between Satoshi, mɃ and Ƀ as it depends on whether I want to buy a second of telephony, a pizza or a car and having a pick of any single one of those gave those Bit-evangelists or Mike-evangelists a far too high representation.

Edit: Percentage was wrong. Also I now saw how people again try to determine the "winner". Why? Only trolls or what?
148  Bitcoin / Project Development / Re: [ANNOUNCE] btctip.com- send bitcoins with a tweet on: June 03, 2014, 04:05:05 AM
Whatever you say. I guess I made my point and as I have not lost anything to your failure I will leave it to others to sue you.

Edit: I programmed a sloppy facebook tipping bot and did not bring it live because I neither would have taken the responsibility to secure shit and would definitely have gotten hacked. Assuming you did not profit from that hack, maybe we still both did it wrong and the solution would have been to release it as open source and have it have taken care of by some bigger player that knows both how to secure a server and how to implement cold storage.

Regarding the "3 lines change": Instead of having sendBitcoin() you would have try-catch and for the case of insufficien funds, you would have an error message "please be patient while my master refills the hot wallet"; mailMaster(). The other change would be to query your database for sum(balance) and compare it to what bitcoind reports as total balance and eventually send extra funds home to master. Sure it would not be 3 lines but most likely less than 20 or less than a day of work. I guess you will have more work with the lost funds than that. Refunding the hot wallet would be a trivial job until that day you actually get hacked and have to refill twice in one hour.
149  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: June 02, 2014, 08:49:34 PM
Hi Coinmarket cap.

Should not there be a warning at Darkcoin? Something like premined 2.0 or 3.0.

Their blockreward algorithm: "Block reward: controlled by 2222222/(((Difficulty+2600)/9)^2)". See: http://www.darkcoin.io/intro.html Is just another form of premined scam. Because as soon as many people start mining this coin the block reward goes to zero. Example at 100 difficulty the block reward is ~25 coins. At current difficulty of 7561 the block reward is around 1 coin. Making the few people that mined in the first few weeks effectively preminers!

Cheers, T

Hi Tyron,

so this was worth creating a new account here? Anyway, interesting concept. Very interesting dynamic. So the fewer miners the more creation? So x10 in mining means /100 in rewards for all means /1000 rewards per miner. This is a very aggressive feedback loop and I am pretty sure it is not at all sustainable. What if value goes up x100? Mining will only go up x5. This means the incentive to attack this coin grows with its value as mining will essentially stay small. If that is the idea behind DarkCoin (because they draw their security elsewehere (merged mining?)), this could be a nice formula.
150  Bitcoin / Project Development / Re: [ANNOUNCE] btctip.com- send bitcoins with a tweet on: June 02, 2014, 07:04:34 PM
I think you throw the term 'scammer' out too easily. Claiming to be a Bitcoin bank, and not having a cold wallet strategy, is different than warning people that their deposits are not secure, and not having a cold wallet strategy.

Anyway, I have no problem giving my full ID, phone number, etc, to anyone interested in buying. These are prudent steps to take in any business transaction. I would also be open to using an escrow. If a buyer wants to co-administer and/or supervise the compensation process, I would also be more than happy to do that.

Ok, look, so you only accumulated 14BTC and from the start told your users that you will not take responsability for the money you collected from them.
You refused to take the bare minimum of security measures which is cold storage. If you have any stats, you will notice that never ever did your bot need to touch more than 10% of its respective peak funds, so sending 90% to cold storage is not only a trivial change of 3 lines of code, it is therefore also an obligation to any bitcoin business like yours.

If your users don't get compensated, you did more harm than good as all those who got messages reading "you received money" actually did not receive money at all. How many are affected?

I still find it shocking how you can take it so lightly stealing $8800US from thousands of people.

Your claim that you were obviously not involved in the event you call a hack due to 14BTC not being worth all the hassle you went through is also quite halfhearted. Maybe you are just a stupid scammer who failed to do what pirateat40 did? But the pattern is the same: influx - withdraws = 0 -> cash out. I find it likely that your balance stalled around now, as a price rally usually is where people care about their bitcoins and might bother moving them out.

I don't have any proof of this and basically only play advocatus diaboli but if I had lost BTC to you I would go after you.
151  Bitcoin / Project Development / Re: [ANNOUNCE] btctip.com- send bitcoins with a tweet on: June 02, 2014, 03:43:30 PM
Told you so.

Running this service for two years without a cold storage strategy is the profile of a scammer. If you intend to buy from him, make sure to get his real identity and better make sure the compensation of his victims works out as you are buying a huge liability. Your customers will go after you if you can't identify the former owner of the service beyond any doubt with. 
152  Bitcoin / Press / Re: [2014-05-27] CD: Facebook-Integrated Wallet Makes Sending Bitcoin as Easy as ... on: June 01, 2014, 04:52:37 PM
This would be helpful in getting people curious and getting them joining the cryptocurrency train. But my only concerns are the safety of coins of tippers. As with any tipping service one has to fill up their wallets at FB. I don't know how secure these coins be in an FB wallet even if the amount of coins is little.

How is their cold storage policy? Do we know them? Can we sue them?

These are the basic questions you should ask before trusting anybody with your money.
153  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: May 30, 2014, 04:16:03 PM
Please moderate your thread!

40 posts all just spamming for the same shitcoin is so annoying to read and it happens all the time. Some new shitcoin asks it's so called community to head over and spam the shitcoinlisters and they follow suit in a pathetic attempt to raise awareness for a second.

Please don't make all your followers read that shit and just delete it for us.

Thanks.
154  Bitcoin / Bitcoin Discussion / Re: Fundraiser: Promotion in Chile on: May 29, 2014, 04:00:51 PM
I declare this project as failed. Please do not donate to the provided address without prior asking me. Updating the OP now.
155  Bitcoin / Press / Re: [2014-05-27] CD: Facebook-Integrated Wallet Makes Sending Bitcoin as Easy as ... on: May 28, 2014, 12:09:01 AM
Yeah, but look what happened to the blockchain app on iphones. Apple approved that then it went bye bye.


fb auto-approves everything. Try it out. Publish any hello world and it goes live within minutes. I did a fb wallet myself yeras ago and didn't promote it for security concerns.
156  Bitcoin / Press / Re: [2014-05-27] BitPay Processing $1 Million Per Day in Bitcoin Payments on: May 27, 2014, 11:37:18 PM
nice to hear, go bitpay go  Wink

Bitpay are the best! And hiring Wink
157  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: May 26, 2014, 02:33:25 AM
please allow us to filter for age of the coin and order by peak market cap divided by current market cap.

I am not interested in coins that have not been tested for at least 3 months and neither of those remaining coins that lost more than 90% of their market cap.
158  Bitcoin / Bitcoin Discussion / Re: Sending coins for neighborhoods to be more silent on: May 23, 2014, 03:34:18 PM
Guys if you don't want to discuss the ops idea why comment at all?

I hate noise pollution and guess I understand his point too well although playing instruments falls not into that category for me. What annoys me are cars that trigger the alarms of 5 cars around my house. Cars made for the sole purpose of making that sound. Also annoying are car alarms running for 8h straight. Here in Chile the police wouldn't do anything about neither of those.

So how about a localized market for stopping noises? People could offer to stop noises for donations by various means and others could donate.

Sure, depending on the grade of anonymity of both parties the offers would also partially be of criminal nature. Another problem would be people taking their neighbors money to stop being noisy which they were just to earn money in the first place. So maybe people would start making pledges to donate to Greenpeace if that car looses its capacity to make noise to make sure they don't fall into this category. 
159  Bitcoin / Bitcoin Discussion / Re: How much is 1 bit? on: May 21, 2014, 05:05:44 AM
My cousin has an "mp3" and it makes me shiver every time he uses that abbreviation for his media player but who am I to educate him on the correct use of language?

Oh and by the way who are you to educate me on the correct use of language when it comes to bitcoin? Could we not just consider this question as sufficiently answered and go on with our lives as long as there is no actual confusion about concrete values? If you tell me that a bit stands at about $500 now, I get it. If 20 people tip an average of 30bits on reddit, I get it, too (now). So where is the problem? I assume all can figure out if I keep using micro, milli and maybe sometimes kilo together with the not 100% consensus based symbol of Ƀ.
160  Bitcoin / Bitcoin Discussion / Re: How much is 1 bit? on: May 20, 2014, 03:30:50 PM
This is going to bring most Americans to a grinding halt since we didn't go by metric system - that was taught secondary as an aside so most of us feel like 3rd graders again when we encounter it, right before summarily dismissing it in favor of the good old "Murican way.  Grin

bit is not metric at all! Apart from it never being defined not even on the tipping bot website where I saw it being used most, people hugely disagree on what it means and it totally confuses people.

mɃ and uɃ or µɃ are "metric-ish" as they are compositions of a base unit Ƀ/BTC/Bitcoin/BTC (we all know) and a multiplier out of the well known set of nano (the smallest that would make sense for Bitcoin denominations), micro (µ/u to distinguish from milli that also starts with m), milli, kilo, Mega, Giga, Tera (and as Bitcoiners we increasingly get used to Peta-hashes/s as well as Exa later this year … and eventually next year Zetta Wink )
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