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1701  Economy / Scam Accusations / Re: WoodCollector the saga continues?.... on: January 30, 2015, 03:48:03 PM


Ah that laser costs 15k as a unit

For the quality of work it can do it seems like a nice investment.

It's a very nice investment if you can sell one piece of artwork for 14k  Cheesy.

i think 14K is a huge amount for that ... Smiley
1702  Economy / Scam Accusations / Re: Proof that MineThatCloud is a Ponzi on: January 30, 2015, 03:47:10 PM
mine cloud is a ponzi so it is like a game. who wants to play must know the risk...you can earn but you can lose too. simple Smiley

The game is over. Every single customer that bought a contract lost money. Everyone.

everybody? hm...strange. normally some should earn something....otherwise the "game" is not working
1703  Economy / Scam Accusations / Re: williamj2543 is running a Ponzi via his alt on: January 30, 2015, 03:46:21 PM
why are you visiting HYIP websites if you are not interested to play ? Smiley Do you think the people who are playing in them do not know the risk? Smiley
These sites are misleading people and are stealing players' money.

I don't know if they know the risk however that doesn't change the fact that they are scamming.

I was looking into it because Williamj was asking me to endorse the ponzis


many of these "people/players" know what they are doing but they want to appear innocents Smiley    Of course 99% know the risk !

Agree. I know the risk. However, because of the profit.. I invested in it. I am sure, most of the investors know the risk too.

of course, they all the know the risks... the "investors" are not so innocent Smiley
1704  Economy / Scam Accusations / Re: Charlie Shrem is scammer, watch out on: January 30, 2015, 03:44:04 PM
well, it was one of the biggest BTC exchangers...many of you have used it...
1705  Economy / Service Discussion / Re: CoinBase - Not licensed on: January 30, 2015, 02:50:29 AM
Coinbase isn't licensed, correct, because they're still awaiting regulators to iron out the wrinkles of the Bit-License.  They launched ahead of regulators, because that's what most tech startups do.  It's nothing new.  Run the business, add license and approvals later.

That said, they are fully licensed as a money tranmitter in the following states:

https://www.coinbase.com/legal/licenses

It's just a matter of time before New York and California pass their licensing requirements.
No this is not true. As it stands now, coinbase is operating in states that it either has a license to operate in or that, in it's legal opinion does not need a license. As of now neither CA nor NY require licenses to operate a bitcoin exchange

a lot of ppl are getting confuse from the bit license for exchanges and the license as a money transmitter, they still dont have the bit license, thats why they are operating in a gray area.

I thought the bit license thing only applied to New York since it was their brain child.  Is that not correct?

no, it is not correct. The BITlicense does NOT exist yet. it can be from tomorrow but it is not today. I repeat, make a search on internet: "bitcoin unlicensed money transmitter".

you will find things like this "2 year prison term for bitcoin unlicensed money transmitter ". So, New York is not so grey area. People are in jail for bitcoin exchanges.
1706  Economy / Scam Accusations / Re: Paycoin: Scam or Legit? Vote and Post Your Evidence Here. on: January 30, 2015, 02:45:22 AM
paycoin is a scam, gaw miners used their market reputation to promote this coin while it is nothing more then a copy paste coin without any innovation, this is a big scam

I am not using any miner, neither Gaw and neither paycoin BUT, scam is something else then a " copy paste coin". that means all the Altcoin is scam because it is  copy paste from BTC...

Not really. Litecoin first coin to use a different algorithm, Peercoin was the first one to implement an entirely different proof, proof of stake. Burst for example uses POC, or proof of capacity. Darkcoin uses masternodes and mixing implementations, not ALL altcoins are copy paste.

copy+paste can be "same" idea. you don't have to copy everything to be a "clone".  

What I want to say is that even you copy a business(any business), it doesn't mean you are a scam. The word "scam" has other meaning.
1707  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 06:10:16 PM
Value is not a good measurement of how BTC is doing. Right now it's value is simply the playground of a bunch of speculators.

If you look for alternatives you should look at the technical differences. Where BTC has been quite stagnant on that front, some altcoins have faired way better. Take a look at NXT for example, tons of projects are being build on that. There are plenty of others too. SYS is building a decentralised exchange. Vericoin has a very cool wallet. HYPER is aimed at gamers and pays 5%/month interest for PoS. And some countrycoins are doing well, most notably NLG and Sterlingcoin.

People here say that BTC is the one and only. Very understandable. But does anyone stop to remember MSN? Or MySpace? BTC needs to keep reïnventing itself or it will be replaced by something better. It's the blockchain technology that really is the breakthrough, not BTC itself.


you are rare piece here. you think by using your brain !

If I would be miner, I would start looking to ALTcoins. BTC is useless now for any miner. They cannot make any profit
1708  Bitcoin / Bitcoin Discussion / Re: There really needs to be a MOVEMENT about recent Bitstamp hack! on: January 29, 2015, 06:07:53 PM
https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf   ---- another 200K Smiley
1709  Economy / Service Discussion / Re: CoinBase - Not licensed on: January 29, 2015, 05:56:18 PM

the way is like that: approval, license and the business. you cannot make the business and then license Smiley

It is also a felony to engage in money transmission without a license in any state that requires a license to operate.

Coinbase did business without ANY license since 2 years ago.



Why are you on this forum anyway? You seem to be spending a significant part of your (free?) time to attack anything bitcoin related.

If you have a genuine concern about Coinbase or any other, the solution is simple and it has been suggested to you:


As a law abiding citizen you ought to report them. Do it and move on.

If you know someone is committing a felony, it is your responsibility to report that to authorities.

So do it already and move on.

Never. I like it when I know what I am doing wont be reported. Thats pretty much the idea behind Bitcoin if you read the whitepaper. If you want a currency that is fully regulated, make an altcoin and let the rest of us live free

this is my point too. Smiley

Is it not BTC about anonymity and freedom? Why do the people want regulated exchanges who will report them to their gov? it's a non-sense.

It's seems that the BTC community is not quite a community... First, "we don't want regulations" and then "wow, Coinbase will be regulated, so cool. I want to be reported ! " Smiley

If you want regulation, chose some other form of so called investment. Bitcoin is/was all about free unregulated markets. right?
1710  Bitcoin / Bitcoin Discussion / Re: Bitcoin cold storage - HACKED easily on: January 29, 2015, 05:49:53 PM

That would not help with this attack, as the keys are compromised during the signing whether it happens online or offline. If you have a system running a compromised version of ECDSA, there's nothing you can really do to protect the private key of an address that's been used to sign a transaction. That being said, the attacker first has to get you to use a compromised version.
Which definitely can't be defined as 'easily'.
The hack would be rather hard to deploy, especially on a larger base.

large scale = any online wallet can be compromised in this way. When it's about computer, you can not be ever sure. Anyway, why would someone keep a large amount of funds in BTC by having the fear that he can wake up in a morning and see : balance ZERO.

Stop trying to spread FUD dude.  

It's already been established, it's near impossible to hack cold storage, unless that attacker somehow installed the compromised version of ECDSA on the cold offline wallet.

Can't be done, only in theory.

who established ? Smiley  

Carlos Rienzi, head of Security at Xapo:

https://blog.xapo.com/xapo-responds-to-coindesk-article-on-susceptibility-to-backdoor-attack/

Your myth has been debunked.

BUSTED!     Grin

final words : "we believe that our deep cold storage architecture offers the highest levels of bitcoin storage security available by any bitcoin company."

why do you show me ADVERTING? Smiley
1711  Economy / Speculation / Re: Not another is Bitcoin dead question?? BUT... on: January 29, 2015, 05:45:41 PM
I know Bitcoin is not a scam and will not disappear. Having said that the large price fluctuations are clearly manipulated by cyber attacks and negative media attention.

and by black markets or exchanges who are falling from time to time.
1712  Bitcoin / Bitcoin Discussion / Re: Bitcoin cold storage - HACKED easily on: January 29, 2015, 05:36:39 PM

That would not help with this attack, as the keys are compromised during the signing whether it happens online or offline. If you have a system running a compromised version of ECDSA, there's nothing you can really do to protect the private key of an address that's been used to sign a transaction. That being said, the attacker first has to get you to use a compromised version.
Which definitely can't be defined as 'easily'.
The hack would be rather hard to deploy, especially on a larger base.

large scale = any online wallet can be compromised in this way. When it's about computer, you can not be ever sure. Anyway, why would someone keep a large amount of funds in BTC by having the fear that he can wake up in a morning and see : balance ZERO.

Stop trying to spread FUD dude. 

It's already been established, it's near impossible to hack cold storage, unless that attacker somehow installed the compromised version of ECDSA on the cold offline wallet.

Can't be done, only in theory.

who established ? Smiley 
1713  Economy / Service Discussion / Re: cryptsy - deposit on: January 29, 2015, 04:46:21 PM
what payment processor are they using?
1714  Bitcoin / Bitcoin Discussion / Re: USA just released a digital currency white paper. Wonder where they got the idea on: January 29, 2015, 04:34:40 PM
see if hustlertube.com was updated as well and maybe Spankwire too... thanks Smiley



1715  Bitcoin / Bitcoin Discussion / Re: Topic about guy drunkenly sending 20btc - Coins came from bitstamp hack on: January 29, 2015, 04:31:25 PM
it's normal to receive it back. Bitcoin has many, many place who can launder it... and you agreed with them. So, let's not complain about any hack Smiley
1716  Bitcoin / Bitcoin Discussion / Re: If Bitcoin fails.. on: January 29, 2015, 03:40:50 PM
there were business where billions were invested and they collapse. yes, bitcoin may fail. remember that the whole BTC is based on few fishy exchangers and black market Smiley


you should go tell microsoft and dell and newegg and overstock and richard brandson  this amazing discovery you have made  Cheesy

Indeed.  Perhaps tell Paypal and Expedia and Mozilla and Wikimedia and NYSE and BBVA and DoCoMo that their acceptance and investments were all for not.

Bitcoin's dead fellas, and it's not coming back.   Sad


I like this interview. See from 1:35.  it is for you   hehe

http://www.bloomberg.com/news/videos/2015-01-16/bitcoin-battered-fortune-reversed-in-74-decline
1717  Economy / Scam Accusations / Re: Paycoin: Scam or Legit? Vote and Post Your Evidence Here. on: January 29, 2015, 03:21:45 PM
paycoin is a scam, gaw miners used their market reputation to promote this coin while it is nothing more then a copy paste coin without any innovation, this is a big scam

I am not using any miner, neither Gaw and neither paycoin BUT, scam is something else then a " copy paste coin". that means all the Altcoin is scam because it is  copy paste from BTC...
1718  Bitcoin / Bitcoin Discussion / Re: If Bitcoin fails.. on: January 29, 2015, 03:19:42 PM
there were business where billions were invested and they collapse. yes, bitcoin may fail. remember that the whole BTC is based on few fishy exchangers and black market Smiley
1719  Other / Meta / Re: China block VPN service on: January 29, 2015, 03:03:15 PM
They would just make average Joe more difficult to access outside world, the experts will always find a way as long as encrypted package can be sent

Actually the higher level officers need access to outside internet to get some insider government info which they seldom can acquire domestically

good remark. average "Joe" won't bother to find ways to access XxX.com. he will see that it doesn't work and he will find other "games" to play in...

also, it will be very hard for the BTC traders (this is a BTC forum so it's about bitcoin) to access the exchange websites which are outside from China. What will be the result ?Smiley
1720  Economy / Service Discussion / Re: CoinBase - Not licensed on: January 29, 2015, 02:57:34 PM
Coinbase isn't licensed, correct, because they're still awaiting regulators to iron out the wrinkles of the Bit-License.  They launched ahead of regulators, because that's what most tech startups do.  It's nothing new.  Run the business, add license and approvals later.

That said, they are fully licensed as a money tranmitter in the following states:

https://www.coinbase.com/legal/licenses

It's just a matter of time before New York and California pass their licensing requirements.

the way is like that: approval, license and the business. you cannot make the business and then license Smiley

It is also a felony to engage in money transmission without a license in any state that requires a license to operate.

Coinbase did business without ANY license since 2 years ago.


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