Probably not "so many" cashing out. Just one would do. There are some early adopters out there that have maybe over 10 000 or maybe 100 000 coins available. Enough to bring a serious blow to the economy if they sell everything at once.
I'm actually glad that someone cashed out yesterday. In doing so he devided his bitcoins amongst a couple of thousand people and will not be a threat to the economy in the future. His sale wasn't big enough to totally crash the market, it just corrected it. Now we have a short period where everyone who is scared tries to get out and everyone who was eager to get in gets in while prices are low.
Don't worry, bitcoin will be on the rise again soon.
The bottom is dropping out again as I write this. The main issue I have with it is that it shows the world this is a money making scheme. Not a valid currency. |
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If miners and early adopters are so convinced as to the validity of bitcoin as a viable and main form of currency then how come so many of them cleared out yesterday into fiat?
I've been touting the virtues of BTC to everyone around me for quite sometime, and had most convinced. With the BS that went on yesterday, those same people are now questioning the safety of bitcoin as a real world working currency.
The psychology is the thing that will make or break this and personally, my morale is quite low this morning.
It's disheartening.
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Am I wrong then thinking that back in 2011 bitcoin-qt didnt encrypt the wallet? Id hate to give you any false hope; but have you opened the orginal wallet.dat in a text editor? Even if it turns out to be encrypted, early versions of bitcoin had a weakness according to this: https://bitcointalk.org/index.php?topic=52480.0Perhaps you can exploit that if the wallet was created by such an old client? I'm pretty sure I encrypted the wallet with the very first version of Bitcoin that was able to do so (0.4.0??). And of course didn't backup up old wallet.dat before doing it (I know I know: numbskull). I do have a couple more drives I need to scour just to be sure. I have found a file called wallet.xxxxxxx.dat dated Nov 2011, that will not open whatsoever. I renamed it to wallet.dat and have tried salvaging it with GA's bitcointools and no dice. Also tried dumping the keys, etc. with pywallet.py, no luck either. The file seems beyond repair and if I'm not mistaken; all previous .bak wallet files are nullified upon encryption of original... so that might be the case? Someone correct me if I'm wrong. Or HALP if any of this triggers ideas for a fix. |
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I don't know, but I'm pretty sure the dollar is a "Friendster."
rad. |
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dead link... probably removed from TechCrunch out of embarrassment.
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I would like to offer my services as a Motion Graphics Designer in exchange for BTC. Work History: nybemotion
| Freelance Art Director/Desinger
| 1994 - present
My career has encompassed every aspect of design, image and marketing for the entertainment industry. I earned my BFA from Art Center College of Design in 1993 and have worked in both New York and Los Angeles for many of the major media companies including CBS, Miramax, VH1, BCBG/Max Azria, MTV Networks, Disney, Sony Computer Entertainment America (PlayStation), etc. In my most recent full time position as Senior Broadcast Design/Art Director for CBS promo in Los Angeles, I was responsible for the redesign and packaging of the UPN brand as well as production and postproduction of mondo shoots for on-air promos. This opportunity allowed me to work closely with Ron Scalera (SVP Advertising and Promotion, CBS) and Meccanica, in addition to gaining extensive project management and production experience. Other projects that I have managed from conception to completion include direction of talent for shoots, trailers, main titles, on-air promos, show opens and closes, corporate identity, event packages, graphic identity packages, marketing collateral and advertisements. I am familiar with all aspects of production including post-production. I am willing to travel domestically as well as internationally. Skills: I have expert knowledge in all major design software, in addition to possessing sharp design and technical skills. I possess journeyman knowledge of the Adobe Suite of motion graphic software; have been using After Effects since it was CoSA 1.0. I am well versed in all the supplementary programs and platforms that go along with the motion graphic design process, and I am very good at directing and leading projects through all phases and platforms. I am also an experienced photographer and possess expert knowledge of photographic theory, cinematography and story telling. please also see my sites below: work sites: http://www.nybecreative.comhttp://www.nybemotion.compersonal sites: http://www.bobnybe.comhttp://www.nybenoir.com |
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Ok, since I now get more than 1 request for cracking wallets every day, I'd like to put it a little note here:
If you contact me having forgotten your password, which is "somewhere between 1-32 characters, mixed case including numbers and special characters", please, there is no chance, and you probably stole the wallet anyway, or you would have known more.
To get an idea of the chance of success, try to make a rough estimate of the number of possible combinations your info about the password will result in. If this is more than one million, I will not waste my time.
As an example, the maximum complexity is like 6 unknown digits, or 4-5 unknown letters.
Conclusion: raw bruteforce is not feasible, what needs to be done is educated guesses, so unless you have a very good idea of what the password might be, and probably just typed it in wrongly twice when setting it, there is a high risk of never getting that wallet open.
Some types of requests I have been able to find passwords for:
"The password might be any of these 6 different 20+ character passwords i regularly use, possibly with a combination of two random double letters at the end, like passwordxxyy".
"I'm sure I typed in this 50 character password, but it just isn't working".
"My passwords always starts with the date I created the account, in format mm.dd.yyyy, and then a clockwise or anti-clockwise circle of keys on the keyboard around some key, and then that key 10 times at the end, like 11.12.2012dertgbvcffffffffff. I know it was created sometime in November or December."
That should give you an idea of what is possible.
The wallet is mine. I do somewhat remember the combinations of words that I used to make up the passphrase, but then I mixed and replaced characters with numbers, etc. The thing is, I know I wrote it down somewhere but mindlessly misplaced it over the last year or so when I put bitcoin on the back burner (I know, I know; "O ye of little faith"). It's gotta be in my house somewhere... it's so frustrating to look and look and look and not find... hopefully it didn't get thrown away. |
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Ok, since I now get more than 1 request for cracking wallets every day
Clearly there is a market for it. Assume there is 1 BTC in that encrypted wallet. sell it for .01 BTC each (people don't have an incentive to share it because it widens the pool). Limit it to 100 sales (if there was a 1 coin in it), you got your coin back, and everyone pretty much just bought a lottery ticket for .01 BTC for a crack at opening 1 BTC in there. That's how I would solve the problem, everyone get's a chance at making 100 times their .01 back, you got your 1 BTC back. I take tips if you like the idea. : 1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f In a few weeks one of the guys will contact you and say he opened it or something... all good. It may not solve you cracking the wallet yourself, BUT it would get your money back, and someone else will get a chance at making 100 times his money. Honestly there might a market for this, ASIC miners have more horsepower than most of us, they might buy encrypted wallets like this all the time... might be more profitable for them than mining itself. unfortunately I have a bit more than 1 BTC in it... |
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The moneygram phone is fun. Aside from the occasional bitcoin user, I think everyone who uses it has no bank account or credit of any kind  Yeah that old school BatPhone in the CVS always looks kinda shady... |
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finally can post in here...
Anyway, All the hooplah started up again in Feb 2013 so, excitedly I sits down to open up my wallet and see what I got and send them few bitcoins out to market BUT low and behold; I cannot remember my effing passphrase... for the life of me. been trying for weeks. Even been running Revalin's brute.rb script to no avail.
been trying to reenact the whole scene the day I made the pphrase; visualization, meditation, qi-gong, etc. nothing has come... yet
any ideas appreciated.
possible compensation for a solution.
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yeah been trying to reenact the whole scene the day I made the pphrase; visualization, meditation, qi-gong, etc. nothing has come... yet
thanks though
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what exactly is a ripple? can I get a iPhone app?
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rDLHshvo9F7fce57eCkXRnyWGVCyUiftoG
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seems to be more of a hot air balloon...
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so what's the story on CampBX? Anyone like them?
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