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681  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 11, 2014, 05:10:40 PM
FIY, in case someone didn't see already, it's back to "daily swap rate"
Probably just a glitch.

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682  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 11, 2014, 12:36:49 PM
All swap rate displays are back to "percent per year", instead of "percent per day".

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Yeah, just when you are used to "per day" rates...

Yeah, right? Remember how awful it seemed when it switched to "per day"? It looks just as incomprehensible now again! :-)

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683  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 11, 2014, 12:27:59 PM
All swap rate displays are back to "percent per year", instead of "percent per day".

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684  Other / Off-topic / Re: Satoshi Nakamoto: The Next 24 Hours on: March 06, 2014, 09:07:13 PM
Well, there'#s no "Nakamoto" on the list. No matter what surname.
Maybe Satoshi used a pseudonym on the http://genealogy.math.ndsu.nodak.edu/ list?

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685  Other / Politics & Society / Re: Stare into the sun on: March 06, 2014, 02:18:03 PM
I didn't read the whole 4 pages, as this hurts my eyes and brains.

People, don't stare at the sun.



Simple as that.

Improvised shades may still pass way way too much IR radiation.
You don't feel pain when boiling your retina, simply because you don't have pain receptors there.

Fry a non-center spot: Your brain will try to compensate, over the course of months and years.
Fry the center: You will never be reading again the way you did.
Fry your "blind spot", where the optical nerve enters: You switch off your eye completely.

http://news.bbc.co.uk/2/hi/8390184.stm
Quote
"Since the time of Galileo people have known that looking directly at the sun can do damage to your eyes," Dr O'Donoghue said.

I will refrain from writing what I think of people who publicly suggest to stare at the sun.

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686  Bitcoin / Bitcoin Discussion / Re: **Breaking news** Satoshi Nakamotos identity revealed on: March 06, 2014, 12:58:38 PM
What. the. hell.
No matter if true or hoax, any family living in a house which halfway fits the description will soon live in a nightmare.
People get killed for a few hundred dollars. Now imagine a single place on earth with millions and millions worth of anonymous money, and being absolutely zero prepared for anything.

Also, come on. Satoshi going through all he went through to stay anonymous, but using his real name?
Really?

I wasn't that furious to anyone for years. Thanks, Leah McGrath Goodman.

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687  Bitcoin / Bitcoin Discussion / Re: Raspberry Pi as an off-line, cold-storage private key generator? on: March 05, 2014, 05:45:08 PM
While you're at it, you may add a cold storage to the raspi.
Armory comes to mind here, for example.

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688  Local / Deutsch (German) / Re: Verdopplung des Netzwerks in Kürze +19.8 TH/s KAWOOOOOOOM on: March 02, 2014, 08:02:17 PM
einfach nur noch quatsch das ganze. zeit für nxt.

Sehe ich auch so, zumal das BTC-Netzwerk auch locker auf vorhandenen Graka's und USB-Sticks laufen würde. Mining ist mittlerweile zur totalen Ressourcenverschwendung verkommen.


Und genau so wie geplant, und auch genau so auch sinnvoll.


Achso, ja natürlich.

I'll bite:

ja. Ich finde es gut, dass zum Minen, aka Blockchain-Absichern die effizienteste Technologie eingesetzt wird (ASICs), und das sichernde Netzwerkm zig mal größer ist als die top500 Supercomputer zusammen (nach der Milchmädchenrechnung mit Flops etc).
So muss uns ein ökonomischer Angreifer schon mit Geld bewerfen, um die Coins zu kaufen. Und kann nicht mit ner Million Custom Hardware bauen, und das Netzwerk plätten.

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689  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: March 02, 2014, 07:59:03 PM
I´m "new" to BTC but first thing i heard cold storage is the ONLY way to go.

I backed up my Wallet on dropbox,though, good idea?

I'm not sure about Dropbox but one cloud provider that is encrypted from start to finish is SpiderOak.

Server-side encryption is good.
Don't rely on it, though, always use your own encryption on top!
Also, it helps not to name the file "bitcoinsavings.aes".
Yes, "security by obscurity", but as long as that's not all you rely on, it's ok to do it ;-)

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690  Bitcoin / Bitcoin Discussion / Re: The best Bitcoin cold storage? on: March 02, 2014, 09:32:43 AM
Ha.... I don't keep much on my ring.
Wonder if Shrem was wearing it when he was arrested, and if any of the cops was smart enough to copy the private key off it.
I'd like a way of making them that minimises trust. Any ideas?

Trust, security against what?
There are many risks here. Robbery for the ring, robbery for the coins, the goldsmith steals your stuff, you want to quickly access your funds, inheritage, the list goes on and on.. :-)

So, generally speaking, we don't need one solution, but a whole system. And this one will be different depending on use case.

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True, though I mean specifically my case, where I make rings/jewellery etc for other people. I don't like the idea of them sending me encrypted keys, since they will only be as strong as the password they choose (and remember).

For people sending some one else their keys to engrave or similar:

- Trust the creator, like Mike/Casascius
- Encrypt the key, there's a BIP for that (and remember the password)
- Split the key between several rings/engravers (shamirs SSSS, or half a key for each)

In all three cases the user has to trust someone: the engraver, himself or the engravers.
I, personally, don't like to need a password for my cold storage. Cold storage is, for me, the absolute last resort when everything else went up in flames (literally, computer burned away, or I am not able to redeem any coins any more).

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691  Local / Deutsch (German) / Re: Verdopplung des Netzwerks in Kürze +19.8 TH/s KAWOOOOOOOM on: March 01, 2014, 02:30:38 PM
einfach nur noch quatsch das ganze. zeit für nxt.

Sehe ich auch so, zumal das BTC-Netzwerk auch locker auf vorhandenen Graka's und USB-Sticks laufen würde. Mining ist mittlerweile zur totalen Ressourcenverschwendung verkommen.

Richtig.
Und genau so wie geplant, und auch genau so auch sinnvoll.

Und davon abgesehen: Nur weil es für uns Kleinuser unrentabel ist zu minen, heisst das nicht, dass nicht jetzt gerade einige Leute durch mining reich werden.

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692  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: March 01, 2014, 09:08:48 AM
There are two issues lately:

1. Since the end of last week, I got a lot of red "Invalid request" banner after placing a swap offer. Usually it'll work just fine if I just place the exact offer again. So the offer is valid in fact.


I see so many "Invalid request" these days. It almost accounts 50% of the time.

I have to repeatly submit the offer again and again. It is VERY annoying and I have no clue how to avoid it.

Please investigate.

My liquidity swap offer was there last night and this morning it has disappeared. Do you have to keep checking and reentering the offer?

Maybe someone took the offer, and closed it some hours later?
You can activate auto-lend, so a closed offer is put up again.

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693  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: February 28, 2014, 07:38:52 PM
Make a anonymized user list (I'll explain this below), publically post this list of users and their btc account balance, then sign messages to prove ownership of cold wallets.
Anonymized or not, they could simply lie - as long as some users are not checking that they are actually on that list and verify their amounts Bitfinex might get away with leaving out somebody...

However, yes, a list with some kind of hash (so I can use information I have to see which balance belongs to my account) and a balance attached for every account would be a great first step to see how many BTC/LTC/USD are actually deposited on Bitfinex in total.

If an exchange cheats on a large scale, this will be noticed. The more users they ommit, the more likely to be noticed. And imagine the shitstorm when that is discovered.. Nah, an exchange would rather not publish anything than fake the list.

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694  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: February 28, 2014, 07:37:17 PM

Make a anonymized user list (I'll explain this below), publically post this list of users and their btc account balance, then sign messages to prove ownership of cold wallets.  The total amount of coins in your wallets should match the total amount of coins on the list.  Everybody can see their anonymized name in the list, and thus feels confident that he/she is included, and that the company has the funds.

Now the anonymization part: let users chose a password for the public balance, hash that password (or perhaps the concatenation of the username and that password to ensure that a certain combination doesn't occur twice), and use that hash as the username.  You could also give users the option to split their account into several anonymized usernames, if they don't like it that their total btc number is shown publically.

That's actually a good idea.
I don't know how comfortable an exchange is to publish the exact number of users and bitcoins, but besides that, this looks good.

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695  Local / Deutsch (German) / Re: Bundesverband Bitcoin e.V. gegründet! on: February 28, 2014, 03:03:28 PM
offenen Vorstandssitzung und laden dazu unsere Mitglieder und Interessierte herzlich ein

Hmm, Vorstandssitzung, oder Mitgliedersitzung, oder Vereinssitzung? :-P

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696  Economy / Currency exchange / Re: MTGOX <-> BTC BID/ASK on: February 28, 2014, 01:44:11 PM
People are still trading for goxcoins despite the fact gox filed for bankruptcy protection this morning?

It's all about odds, huh?
Hell, I might even buy some GoxCoins for 1% face value! If it technically was still possible.
As there might or might not be a more than 1% chance to see any funds again. Or a 2% chance to get back half of the funds.
Noone knows the details, it's all a gamble.

I just was about to add that it's all a gamble unless you have more information than the others.
Isn't it curious Roger Ver wanted to buy GoxCoins in this very thread?
And that Charlie Shrem youtube speech..

Man, I can't wait to learn the full story on this one.

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697  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: February 28, 2014, 01:40:17 PM
hi bitfinex..

i know once your hot wallet gets empty, u guys will refill it up with your cold wallet... do u guys have only 1 cold wallet or many? from what i know once a cold wallet is activated online there is risk! and then the cold wallet becomes a hot wallet too

https://www.youtube.com/watch?v=wzwWIDIVSTo



I don't think you do really understand how Bitcoin works or what hot/cold wallet means... the only thing that changes after the first transaction out of a cold wallet is that the public key of that address is now known. As long as you trust in ECDSA, this is not really an issue. Also it is easy to see (if you look at where the transactions to the hot wallet come from) if they use a single address or several ones.

He does have a point, that when you import your formerly offline/cold wallet in an online system, that wallet isn't cold anymore.
Of course you can use a better system, like Armory for example, where the signing of the transaction happens offline too.

Yes, I like the idea to have "one time" offline addresses. Create a ton of those offline, fill them over the time, and transfer funds to the hot wallet when needed. Without reusing such a spent cold address later.

With the way BitFinex handles things, I expect them to have a sophisticated and very secure way of transferring to and from a cold wallet.

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698  Bitcoin / Armory / Re: Armory - Discussion Thread on: February 28, 2014, 09:31:38 AM
I keep getting this error when I want to start Armory.  It basically forces me to restart my computer to get rid of it.  And no, Armory nor bitcoind is running.  Thank you for any assistance with this.  Also, I can tip for assistance with this.



Make sure you kill all instances of Python before trying to rerun Armory.

How hard would it be to make it support multiple instances?

Try running bitcoind and armory two times, in its own folder each.
This should work.
Then you can connect one bitcoind to the other. They both have the whole blockchain, still, but only one connects to nodes outside and creates traffic.

I don't think it's possible to share the bitcoind-blockchain nor the armory-blocks between several instances.

Well, I run several "instances" in the form of several wallets in one armory. Close enough for me :-)

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699  Bitcoin / Bitcoin Discussion / Re: The best Bitcoin cold storage? on: February 28, 2014, 09:27:44 AM
Ha.... I don't keep much on my ring.
Wonder if Shrem was wearing it when he was arrested, and if any of the cops was smart enough to copy the private key off it.
I'd like a way of making them that minimises trust. Any ideas?

Trust, security against what?
There are many risks here. Robbery for the ring, robbery for the coins, the goldsmith steals your stuff, you want to quickly access your funds, inheritage, the list goes on and on.. :-)

So, generally speaking, we don't need one solution, but a whole system. And this one will be different depending on use case.

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700  Bitcoin / Bitcoin Discussion / Re: Silk Road: Trail of 11,329.89BTC on: February 27, 2014, 03:21:48 PM
Very unlikely. It's much more likely that's one DPR's addresses.
So, the other only option would be that few hours after my deposit, Mt. Gox used this coins to process a withdrawal that SR requested? There are no other options to explain this, right?

Knowing nothing else, this seems to be the most likely explanation to me.

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