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81  Bitcoin / Bitcoin Discussion / Re: Won't governments try to kill Bitcoin? on: September 13, 2014, 09:50:59 PM
@ dankk
I agree with you about the controlled speech. If you are willing to pay the price like Snowden did and be banned to a foreign country leaving everything and everyone you love behind, then they can not control your thinking or speech. It's just ashamed you can be arrested for "non-violent resisting" for disagreeing with a law officer.

One the $20 gold thing, my grandfather said a hamburger, fries and drink cost 5 cents. He also said they had turned most of their gold in and got the equivalent valued certificates, but when they searched his father's house they basicly took everything including his rightful $20 worth and only left him with a $10 note.

I agree with most of what you say but they are already in the process of shutting bitcoin related things down in the US. I used to use buy-a-hash payment system but the Fincen has shut them down along with several others. BTCGuild is having to ban NY residents from mining there due to new regulations, Florida helped the Government arrest people for assumed money laundering because they were dealing with large amounts of bitcoin and California has been sending out cease and desist letters to bitcoin businesses for 9 months now(without any luck, so that's a positive thing). I love everything about bitcoin and want it to prosper. The best thing we have going is the IRS ruling on bitcoin being personal property.

Thanks for your responses
Snowden is an extreme example. Most people would be able to use the court system to get out of any bogus charges brought against them. Snowden does not want to takt the risks that the courts may side against him.

I am not sure about the exact details of your grandfather's search, however this sounds like the search was illegal. The government is not able to enter into someone's home like this without either permission or a warrant. If permission was given then shame on him, if they had a warrant then it is likely that there was evidence of some kind of crime.

All the stuff about the NY regulations is either people spreading FUD or they do not understand the impact of the proposed regulations. The regulations will only affect people who are exchanging bitcoin to/from fiat, and even then only require businesses that do this to gather identity documents of their customers and to have at least as much bitcoin on reserve as they hold in customer deposits (meaning not run on a fractional reserve system). There is no reason why BTCguild would shut down for NY residents.
82  Economy / Scam Accusations / mashka90 sending phishing links on: September 13, 2014, 09:30:14 PM
What happened:: I received a PM from the user mashka90 that contained a phishing link to attempt to get my bitcointalk credentials

Scammers Profile Link: url=https://bitcointalk.org/index.php?action=profile;u=349552]mashka90[/url]

Reference Link: n/a it was sent via PM, however the PM id is msg2854628
Amount Scammed: none
Payment Method: n/a
Proof of Payment: n/a
PM/Chat Logs: The below contains a phishing link, DO NOT ENTER YOUR CREDENTIALS AFTER CLICKING THE BELOW LINK AND CLICK ON THE LINK AT YOUR OWN RISK
Hi bro! I have bad news for you! You can see about in there http://bilcointalk.org/index.php?topic=654845.msg7515541#msg751554
Additional Notes: The PM was reported to the mods, however I think the community should be aware of this and to avoid the possibility of having your account stolen. Note that the "l" is in place of the "t" in "bitcon" in the above domain.

I </3 scammers

EDIT: make warning message bigger font
83  Bitcoin / Bitcoin Discussion / Re: BlueWallet: The Secure Bitcoin Wallet (bluetooth token auth) on: September 13, 2014, 09:18:47 PM
I would think that the bluetooth signals could easily be intercepted and potentially manipulated by a third party. I personally would not endorse this as I feel it would be too easy to have your bitcoin stolen
84  Bitcoin / Bitcoin Technical Support / Re: My life savings 55.25btc - in Orphaned block! on: September 13, 2014, 09:13:06 PM
Can you confirm Orphaned tx can't be "lost" unless there is a double spend  Huh
Your coins aren't lost. The transaction will either get picked up later, or forgotten, in which case all you gotta do is remove that tx from the wallet via editor, and you get your coins back.
Exactly. The OP is just trolling because there have been so many orphaned blocks (for unknown reasons) recently. More likely then not the transaction will simply be confirmed on the next block that actually confirms
85  Bitcoin / Bitcoin Discussion / Re: Silk Road was not seized by the FBI, the site was manually shut down on: September 13, 2014, 09:07:03 PM
I'm not sure how much time you would have between "Freeze!" and turning off your computer/laptop.
Nobody yells "Freeze!" anymore. AFAIK all law enforcement is now trained to first create a distraction by e.g. activating the alarm on the suspect's car. There's apparently a great overlap between various computer hackers/fraudsters and the expensive car enthusiasts. Only after the suspect runs away from the computer he gets served with the warrant.


Oh.. That makes total sense. I guess I'd need to put some sort of time-out / screen saver / auto-log-off thing on my laptop, in case I'm actually operating a hidden site through a VPN in a public library. Cars have this thing called an immobilizer.

That goes back to physical security. You can avoid this by accessing the hidden site only when you are in a secure location, and where you should be able to see law enforcement coming, or at least notified a few seconds before they can serve the warrant.
A better reason to want to have some kind of security feature on your laptop would be because you have the potential for someone actually stealing it from you. If you do not have full disk encryption (or something similar) then your data is essentially controlled by whoever physically has possession of your laptop. This could easily result in you having your bitcoin stolen from you or having other sensitive data leaked to people you don't want to have
86  Bitcoin / Bitcoin Discussion / Re: Overstock, Dell & Dish: Pay Dividends in Bitcoin on: September 13, 2014, 08:52:22 PM
This can result in problems for both the dividend issuer (Dell, Overstock.etc) and the recipient (equity owners). For example, in most of the world nations, Bitcoin is considered as an asset, and not a form of currency. In that case, instead of the Dividend Distribution Tax, another tax (many be the gift tax) will be applicable and the resulting tax burden will be higher.
Dividends are subject to income tax when paid in fiat. When a company issues shares of a company they own and gives them to existing shareholders (also known as a spinoff) then the cost basis of the original shares are adjusted downward and a customers cost basis of the new company would be a certain percentage of the original cost basis.

One thing that is similar to what the OP is suggesting would be to spinoff shares of the COIN ETF once it starts trading that would be exchanged with their bitcoin they received as revenue
87  Economy / Service Discussion / Re: Random 0.00001 BTC from Laxo Trade? on: September 13, 2014, 08:47:19 PM

I've got 2 0.00001's from laxo trade thus far, looks like their campaign is kinda working since they are getting threads made about them for cheap.
I would be curious to know just how much additional business they are creating for themselves with this kind of advertisements. In theory this could be very cost efficient for them in getting a lot of attention and to generate additional revenue
88  Bitcoin / Bitcoin Discussion / Re: Silkroad 2.0 under attack....again on: September 13, 2014, 08:43:23 PM
You would think the FBI would have learnt its lesson from the first Silkroad takedown. Even if they were to shut down Silkroad 2, Silkroad 3 would soon pop up (I think SR2 was up within a month of SR1 being taken down), that's not even factoring in all the new developments like Open Bazaar etc.
It took several years for the FBI to be able to take down SR1. SR2 has been open for well under a year so far. If the FBI is able to take down SR2 in much less time then it took to take down SR1, despite SR2 learning from SR1's mistakes and apparently being much better funded from a security point of view then others would be less likely to want to follow in the footsteps of ross and create additional dark markets
89  Bitcoin / Bitcoin Discussion / Re: An Open Letter to Amazon.com on: September 13, 2014, 08:36:37 PM
I like the idea of purse.io, but ultimately what's to stop you being on all sides of the same transaction (i.e. using stolen cards to buy yourself stuff from Amazon and, of course, receiving the escrowed bitcoins to another address)?

purse.io should take the risk, but do you think they will?
There is nothing to stop someone from doing this. This is the reason why amazon will not reimburse the OP for the stolen gift cards.

That's true, and that's why I didn't expect Amazon to instantly reinstate the cards without an investigation. Posting the details as I know them (and being willing to answer any other questions that come up to the best of my ability, probably with assistance from Purse) was done precisely to help an investigation determine that I'm not playing both sides of the fence here.
What you are doing is nothing more then extorsion to amazon. Amazon is not a party to the subject dispute. Inputs.io is. They resulted in the fact that amazon is having to reimburse a cardholder that did not pay in exchange for nothing.
This is exactly correct. (except for the inputs part). The OP is trying to use social media to extort amazon because his investment went bad. The OP should have known that he should have diversified his sources of gift cards and that he should have only traded with more established traders
90  Bitcoin / Mining speculation / Re: Growning number of large mining farm and BTC generation rate on: September 13, 2014, 08:32:06 PM
I was wondering on this, we have seen reports of big mining farm popping up once in awhile. We all know they made the difficulty jump like mad. But will this affect or shorten BTC initial end generating date ?
Yes it will. The fact that the time between difficulty changes have almost always been less then 14 days means that it will both take less time before the next halving of the block subsidy and the time before block subsidies go away altogether. Both of these statements assume that the difficulty will not decrease in the future
91  Bitcoin / Bitcoin Discussion / Re: Apple pay will make bitcoin (even more) useless. Let's deal with it. on: September 13, 2014, 08:26:16 PM

It's not a question of "payment systems", it's a question of currency integrity.

Applepay is just another way of paying by fiat - an unlimited instamine scam coin that the Fed can't stop mining at ultra low difficulty in order to hose down the US Treasury Bond interest rate so the country doesn't go bust in 10 seconds. It also requires expensive, slow and antiquated counterparties - not only to process the payment but to actually hold the balance in the first place.

Bitcoin, on the other hand, is a limited supply, rapid transit, counterparty-free electronic commodity that is about a million times more suited to trading on networks than fiat is - whatever gimmicks Apple come up with to try to hide that fact.


you take into account always USA and its financial problems. Well world is not USA. There are many nations where inflation is very low and here in Italy in 2014 inflation was less than 0. we are going through deflation due to crisis. I provided source in my other topic or you can Google it.
So stop talking about USA. Bitcoin is not in USA. Many people live outside USA and are not even aware of what Federal Reserve is. ok?
So if usa has actually big inflation, it is a problem only in USA. You cannot link this to bitcoin adoption.
The US actually has very low inflation, the inflation levels in the US are probably lower then it really should be because of the fact that a small economic shock could send prices into a deflationary spiral.

Also people often look to US economic indicators because it's economy is by far the largest and it's economy influences the economy of the rest of the world.
92  Bitcoin / Bitcoin Discussion / Re: Consolidated BTC ATMs in US Cities Thread on: September 13, 2014, 08:23:37 PM
looking so nice! but the premium is at 8.2% above market price, 3.2% higher than Skyhook's advertised 5% premium. It is very expensive and I would not use this type of ATM rather than to the online exchange.
The reason people are willing to pay such a high premium on bitcoin bought at an ATM is because they can buy them instantly verses having to wait sometimes week to have an exchange verify a person's identity plus the risk of potentially having your bank account closed because of too much money going in and out of your account
93  Bitcoin / Bitcoin Discussion / Re: Won't governments try to kill Bitcoin? on: September 13, 2014, 08:20:24 PM
Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.


It is not possible for the government to prevent us from controlling our private keys. All a private key is a very large string of numbers saved, usually in encrypted form. This would be very simiilar to saying the government would restrict what we are able to think about.

I really don't like to talk about this stuff much because most people just don't understand or accept the facts about government and who really controls a country. Government will say because of terrorism and drug money laundering and tax evasion that private encrypted keys should be illegal for persons to have and make laws to control them through a Federal Institution controlled by Bankers. In some Countries laws already exists against anything encrypted. The US government(or should I say the Bankers) will not let you keep money that they can not easily seize. You will be able to use bitcoin but they will have to have access to your private keys for National Security and safe keeping.

In the 1930's gold was made illegal to hold more than $20 and law enforcement went searching house to house and took everyone's gold and handed them a piece of paper in its place. That's also when birth certificate contracts were made into law and a $1,000,000 loan was made from the IMF through your STRAWMAN name to the US government the day you were born. It printed "Bank Note" right on the bottom of it. Your birth certificate is traded on the NYSE everyday. Most people don't even know they were born into slavery.

They still taught this stuff when I went to school and if it wasnt included in the textbooks the wise old teachers would teach it to us anyway. I've seen new text books and there is so much missing. I had a young teacher tell me I was insane for thinking that there were Japanese prison camps in the US during WW2. She said I was wrong because our government would never round up an entire race and put them into prison camps. It wasn't in the history books she said - so it didn't happen. I assume this fact has been erased from US history along with a lot of others. I guess it's true "who controls the present controls past, who controls the past controls the future".

Note: The Government does have restrictions on what we can think about. One of the first things a prosecuter does now is check your Google searches and Facebook to see what you were thinking and use that against you in a court of law. Wow, I guess ignorance is bliss.

https://bitcointalk.org/index.php?topic=755490.msg8740121#msg8740121
In the 1930's $20 was a lot more then it is today.

I also question the accuracy of your statments. Mainly that the government is able to control what people think. They very much are not able to do this. If they did they would never have faced the embarrisment that Snowden put on the government.

Also in the US the freedom of speech essentially makes it impossible to prevent someone from having an encrypted file. The fact that something is encrypted makes it impossible to know the contents of the file therefore it would be impossible to prevent someone from having an encrypted key.
94  Economy / Speculation / Re: Bitcoin price will double on this news on: September 13, 2014, 08:14:08 PM
A tweet from Max Keiser:
https://twitter.com/maxkeiser/status/505451583912820736


"Bitcoin price will double on this news: UK seeking to bar Russia from using SWIFT banking network – report http://on.rt.com/a9n8ml "

Bitcoin did not double on the news, nor will it likely cause the price of bitcoin to move. It has long been known that economic sanctions are going to be placed onto russia as punishment for their involvement in the ukraine.
95  Bitcoin / Bitcoin Discussion / Re: Russia to ban cryptocurrencies by 2015 on: September 13, 2014, 08:02:52 PM
It is not as bad as it sounds. The government hasn't banned the possession of Bitcoins. The only thing is that converting Bitcoins to cash or cash to Bitcoin will get a bit trickier. Also, the tax situation will get more complex. But still, I don't think they will implement it by next year... if they actually wanted to ban it, then they would have already done that instead of waiting for one more year.  Grin
It is not even possible to ban the possession of bitcoin. It is simply too easy to hide the fact that you hold bitcoin. You could easily store your wallet file in an encrypted format that would make it impossible for anyone to know that it contained private keys, or even better to have a brain wallet that is sufficiently secure so that the brain wallet "farmers" would not be able to steal your bitcoin
96  Bitcoin / Bitcoin Discussion / Re: Apple & Bitcoin on: September 13, 2014, 07:47:53 PM
Apple is releasing the API for Apple Pay.  They want lots of people to find innovative ways to use it.

I wouldn't be surprised at all if Bitpay and Coinbase are reviewing Apple's policy, trying to see if they can apply.

I can totally see a future where coinbase has partenered with a major bank and offers an Apple Pay option.

I imagine it now, "Would you like to pay with Visa, MasterCard, debit, gift card, or Coinbase?" When I open the app.

This is really happening folks.
Why would they want to apply? They already have a much better system in place to process payments. There are existing bitcoin wallets that have the ability to send bitcoin to a coinbase (or a bitpay) address when a merchant is willing to sell for bitcoin via coinbase.
97  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s future depends on public acceptance on: September 13, 2014, 07:39:46 PM
The application that will fuel the next wave of the public acceptance of Bitcoin is sports betting.  The Bitcoin versions may become more popular than using "bookies" or government sponsored betting.  Even people who do not bet on sports will become aware of its advantages.


I agree with you, but I think that existing casinos will likely expand into sports betting, rather then new sports books start to pop up. People tend to bet a lot on sporting events and they would likely not want to trust new, unknown bitcoin sites with large amounts of money
98  Other / Meta / Re: Forum finances on: September 13, 2014, 07:35:41 PM
We're no donations at all received this year or is that just nobody donated enough to become a VIP/Donator.
2013 donations were ~42k USD and 2014 figures have not been disclosed.

Looking at the official donation address of 17RTTUAiiPqUTKtEggJPec8RxLMi2n9EZ9 (per https://bitcointalk.org/donate.html) it looks like ~$1,100 has been donated so far this year. This is taking the fiat value of the bitcoin deposited to the address while only counting amounts under $1,000 (the larger amounts are likely from ad revenue) and calculating round numbers in my head.

@theymos - are you still considering to offer accounts to have some kind of "donator" status for lessor bitcoin donation amounts (regardless if the title given will be "donator" or something else)?
99  Bitcoin / Bitcoin Discussion / Re: What if someone claims to be Satoshi Nakamoto? on: September 13, 2014, 07:29:44 PM
I think nobody would claim him as satoshi nakamoto
becuase thief & bad people will use bad ways to have his bitcoin

If you want proof, just ask : please send 1 million bitcoin to my address now  Grin
Ya that would not be something he would be willing to do.

He has a known PGP key that he could use to sign a message with. This is actually how he would be able to regain access to his account on here as theymos has the account locked
100  Bitcoin / Bitcoin Discussion / Re: [Theory] Hal Finney & Satoshi Nakamoto created bitcoin on: September 13, 2014, 07:26:34 PM
bill bags,

many hundreds of people were and are trying to create money every day. and the entity known of satoshi DID gather idea's, concepts and theories from many sources. such as hal finney and nick szabo. but it was only satoshi that put all of these idea's together into its unique and beautiful functional form that we know today.

this does not mean that satoshi was these people, nor does it mean that he knew these other people personally, nor does it prove that these people used his username.

imagine the conspiracy theorists trying to assume identification of satoshi, like trying to identify the creator of a car. by knowing the cave man invented fire by burning oil, or making the wheel. to then say that without the "combustion" element or the wheel, a car would notexist, thus the inventor of the car was assumed by these conspiracy theorists to be a caveman.

now that you have understood that although combustion and wheel technology has been around for thousands of years. it wasnt until the 19th century that someone invented the car by utilizing other peoples experiments, inventions and skills, without even having to know or speak to the inventors of the original elements that built up a car.

all we can be certain with is that 'satoshi' did collaborate with a few people like hal finney. and also grab other existent theories and code from other sources. but it was as i already said, only the entity known as satoshi that put it all together beautifully



Maybe Hal Finney Hired his neighbor, Dorian Satoshi Nakamoto to help him create bitcoin,
because Hal was getting crippled, and needed some help?
Highly suspect that Hal Finney and Dorian Satoshi Nakamoto both lived in Temple City California, only 30,000 population, out of all the whole world, those two lived that close to each other.

Someone should look at past editions of the Temple City newspaper and see if Hal Finney advertised locally for someone to help him with his project? Never know, might be something there.
Maybe Satoshi replied to the ad and got hired?
I don't know, maybe Satoshi and Hal Finney knew each other for years, which is highly possible,
considering they lived in the same small town, and with similar type occupations and perhaps similar type interests.
Maybe they met years ago at a Chapters book store, and were looking in the same section, and they gave each other advice which books were good or not, and became friends long ago
I don't think Finney's ALS was an issue until several years after bitcoin was created (he may have not have even been diagnosed, but I am not sure about this).

I believe it was late 2012 or early 2013 that Finney had sold some of his bitcoin to pay for medical expenses and it appeared that satoshi's bitcoin was linked to silk road because they both were sent to an address at gox.
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