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1561  Bitcoin / Project Development / Re: Bitcointalk Account price estimator on: August 24, 2016, 04:49:16 AM
Can somebody explain the purpose of buying/selling accounts on here? Don't we all have the same access to browse


There may be multiple reasons (probably are), but one reason I can think of is to buy an account with a Signature Campaign (like the BITMIXER.IO signature in mine).  These campaigns allow you to get paid when you post here (rules and amounts vary).  Bitmixer, for example, is not taking on any NEW accounts, so there is some value for my account (or any others in a campaign).

HTH
1562  Bitcoin / Project Development / Re: Mycelium may introduce automatic coin tumbling in a new wallet on: August 24, 2016, 01:33:51 AM
...

And I just saw this today on a Bitfury paper (released today, 23 Aug 2016) discussing some mixing methods and the prospects of breaking them:

http://www.coindesk.com/bitfury-research-seeks-shine-light-bitcoin-mixing-methods/

The paper itself is downloadable.

Looks like Bitcoin mixing is getting some serious research...



EDIT:

Here is a quotation from the Bitfury paper (a piece from the Conclusion).  Bitfury is about to offer another tool to analyze blockchain transactions:

4 Conclusion

[...]

Together with other data mining tools, analysis of shared send transactions forms the analytical backend for Bitfury’s Crystal Blockchain – a web service for blockchain investigations and analysis. The first public release of the service is scheduled soon after the publication of the present paper.

1563  Bitcoin / Development & Technical Discussion / Re: CoinSwap: Transaction graph disjoint trustless trading on: August 24, 2016, 01:30:42 AM
...

There is a new Bitfury white paper out (published today, Aug. 23, 2016) that references this thread:

http://www.coindesk.com/bitfury-research-seeks-shine-light-bitcoin-mixing-methods/

It is all way above my head, but may be of interest to the community.
1564  Bitcoin / Project Development / Re: Bitcointalk Account price estimator on: August 22, 2016, 03:51:35 AM
hmmm, seems it's not working today. every time i send a request, it returns "Request Queuing failed. Please try again." any idea what could be going wrong? thanks in advance!
I often encounter that error but it eventually fixes itself at some point. Just try again later.
 At the moment I can also get the same error.
Should be working now. Removed the DB.


That's a very interesting and cool site.  I ran mine and got the below:

Your token is sp8b6q03
Share this estimate: http://www.bctalkaccountpricer.info/?token=sp8b6q03
User Id: 262695
Name: OROBTC
Posts: 2139
Activity: 868 ()
Potential Activity: 868 (Potential Legendary *Note: Not guaranteed; The account can become Legendary anywhere between 775 and 1030)
Post Quality: Excellent (99.16%)
Trust: Neutral
Estimated Price: 0.27342000

*   *   *

My account is not for sale.   Smiley  
1565  Bitcoin / Project Development / Mycelium may introduce automatic coin tumbling in a new wallet on: August 21, 2016, 11:32:08 PM
...

I have not heard about this here, but this is an interesting piece:

http://bitcoinist.net/mycelium-may-roll-out-p2p-tumbling-soon/

It looks like it would be based on CoinShuffle technology.

Anything that makes Bitcoin use more private (yet easy-to-use at the same time) is a positive IMO.  The proposed mixing technology would be decentralized as well, another plus.


Comments on CoinShuffle and other mixing/tumbling technology are very welcome.
1566  Economy / Economics / Re: Economic Devastation on: August 21, 2016, 11:18:15 PM
http://www.worldinvisible.com/library/tozer/5j00.0010/5j00.0010.11.htm

"I am among those who believe that our Western civilization is on its way to perishing. It has many commendable qualities, most of which it has borrowed from the Christian ethic, but it lacks the element of moral wisdom that would give it permanence. Future historians will record that we of the twentieth century had intelligence enough to create a great civilization but not the moral wisdom to preserve it.

...

Sin is always an act of wrong judgment. To commit a sin a man must for the moment believe that things are different from what they really are; he must confound values; he must see the moral universe out of focus; he must accept a lie as truth and see truth as a lie; he must ignore the signs on the highway and drive with his eyes shut; he must act as if he had no soul and was not accountable for his moral choices.

Sin is never a thing to be proud of. No act is wise that ignores remote consequences, and sin always does. Sin sees only today, or at most tomorrow; never the day after tomorrow, next month or next year. Death and judgment are pushed aside as if they did not exist."

-A.W. Tozer 1897-1963


It was one of our founding fathers (USA) that said words to the effect of that our country could only remain free if we were a "moral people".

Oh well.  Looks like we are very close to "America v. 2"

Enjoy...
1567  Economy / Economics / Re: Why are Venezuelan not switching to Bitcoin? on: August 21, 2016, 03:23:25 AM
Someone should sneak in some bitcoin on a usb stick and setup shop,  start splitting it up for people to be swapping as proxy dollars; it basically is that at this point.   Thats when it becomes a useful product to people because they literally being denied the simple freedom of reliable exchange in their trading everyday


STT

That's the way I would try to do that were I connected to Venezuela (I visited there twice long ago).  Once *some* people see & understand Bitcoin, there would be some demand for sure.

To me there are two big problems however:

1)  As mentioned above, the authorities might not look kindly on that, and lock you up!

2)  Venezuela has problems just producing enough goods to feed their people and take care of basic need.  Barter might work better (?)
1568  Bitcoin / Hardware wallets / Re: The OpenDime ‘Bitcoin Stick’ Review on: August 21, 2016, 03:08:59 AM
Today I received my three OpenDime (opendime.com) devices in the mail, which came from Toronto via the Coinkite headquarters. I decided to give the product a review for all you Bitcoin.com readers to get an inside glimpse on how the device operates.

OpenDime: The First Hardware Bitcoin Bearer Bond


The package I received was small and contained three OpenDime devices, instructions, and a sticker. I took one of the devices out of the packaging, noticing that all of them were sealed properly. Although the devices are inexpensive — costing just $40 USD for a three pack — the OpenDime looked very well built.

https://news.bitcoin.com/opendime-bitcoin-stick-review/




I bought six of them, and the first day I test-fired one: loaded it with files, sent some BTC, and then went to my blockchain.info wallet to import the Private Key from my OPENDIME (after breaking its seal section) and sweep the BTC out.

I like the device, it's cheap and so far seems OK.  No need to update firmware like I have had to do w/ Ledger Nano and Trezor.

But, it's not a full function wallet.  You need a BTC wallet that can import Private Keys.
1569  Economy / Economics / Re: Soros is shorting on: August 21, 2016, 02:56:14 AM
http://www.marketwatch.com/story/soros-nearly-doubles-down-bearish-bet-against-sp-500-2016-08-16

Looks like he is doubling his short position betting for basically another collapse. Time to stock up on BTC.

Soros is a very good investor. Always worth to see what the big guys are buying.

Soros is bearish for a while now. He build a huge position in gold in the last months.
Agreed, but it's always possible he's wrong.   Anyone can be, you know. Having said that,  I do think the stock market is kinda sorta really high right now,  and if I had enough money I'd buy some land, dig my bunker,  and hide out until stocks are cheap again.


Bwa ha, me too re buying land and a bunker.

But, you would want to "under-buy" your land (buy less than you can afford), property is very easy to tax, and they would.  Make sure to have enough money to pay off the tax collectors.

Agreed that stocks are dangerously high.
1570  Economy / Web Wallets / Re: Blocktrail.com | Wallet | Explorer | API on: August 20, 2016, 04:19:54 AM
...

neutraLTC

I am looking at alternatives to the blockchain.info online wallet.

One thing I did not see addressed at blocktrail.com is whether or not I can import Private Keys (so as to "sweep" BTC from other wallets into a blocktrail one).

Is that possible and easy to do?
1571  Bitcoin / Hardware wallets / Re: OPENDIME: Zero-Trust Physical Bitcoin Wallet – Bearer Bond – Credit Stick on: August 20, 2016, 03:49:57 AM
...

Actually, another question just occurred to me, nvK.

Based on what I read at your website (FAQs), it looks like the OPENDIME does not need to be in any communication with your website (no communication via the Web implies greater security for us users).  Doing the deeper security checks is beyond my capability.

Is that correct (no communication of the device with opendime)?

Perhaps readers of this thread may be interested to know that it looks like both Trezor and Ledger both require connection to their sites (not sure, but I believe that is the case).

No firmware updates and no connections back to opendime.com are big positives in my book.
1572  Economy / Economics / Re: Soros is shorting on: August 20, 2016, 02:20:24 AM
...

I would be very careful following Soros moves in the investment world.

First, he almost surely has already "front-run" everyone, so if he gets people to load up on his (bought earlier) positions, he is a winner.  And then he can sell to even newer buyers later on ("pump & dump").  If I remember right, he did not advertise his short on the British Pound (that famous bet where he won $1,000,000,000 in one day).

He's a sneaky guy, with no real love for anyone.

Caution.
1573  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: August 20, 2016, 02:14:45 AM
...

NO ONE knows the future of Bitcoin.

We can make informed speculation about probabilities however.  IMO Bitcoin will likely not disappear; I think it is unlikely the Internet will "go down" either, but both of those statements are probability based...

Further into the future, no one knows if there might be some kind of breakthrough in cracking BTC's encryption technologies, or that a superior cryptocurrency might come along.

Also, the "Big Rhino" (.gov) could come along and prohibit BTC from being exchanged  a risk that seems to be overlooked by many...
1574  Bitcoin / Bitcoin Discussion / Re: What secure wallets needs 2fa before sending on: August 20, 2016, 02:02:37 AM
...

blockchain.info's wallet also offers a "Second Password" option, which asks you to provide that second P/W before sending out any BTC.  I have used that, and it works just fine.

Both the Trezor and Ledger Nano (I own one of each) also use rudimentary (= good enough for me) 2FA both to get access as well as to send BTC out.  And I have used those as well, they both work just fine.
Thanks for the trezor tips. Does trezor use sms 2fa?
If no, what 2fa does it use


Trezor uses its own rudimentary 2FA.  When you plug it into your USB, you must put in your 4-digit passnumber (using a clever little method to beat a keystroke logger).  And when you want to send out BTC, the device itself (via a display) asks you to verify what you are doing.

So, in some ways it is not as secure as "typical 2FA" (like SMS messaging or Google Authenticator), but if your adversary does not have the device, there seems to be little way that the BTC "within" can be spent.

So, "rudimentary" (2FA) seems to be the right word to use.  "Good enough" for most users.
1575  Bitcoin / Bitcoin Discussion / Re: Exciting Bitcoin Projects! on: August 20, 2016, 01:57:50 AM
...

I am not sure if the OPENDIME hardware devices would count as an exciting project, but I like the devices a lot.  In my case I am using them as a "wealth preservation device" (BTC stored on them, and locked up!), similar to how one would use a full-blown hardware wallet like a Trezor or Ledger. 

The OPENDIME is also very cheap!  Smiley

My reviews, the devices work very differently than the Trezor and Ledger (pages three and four):

https://bitcointalk.org/index.php?topic=1452987.0

Their website:

https://opendime.com/



1576  Bitcoin / Bitcoin Discussion / Re: What secure wallets needs 2fa before sending on: August 20, 2016, 01:52:08 AM
...

blockchain.info's wallet also offers a "Second Password" option, which asks you to provide that second P/W before sending out any BTC.  I have used that, and it works just fine.

Both the Trezor and Ledger Nano (I own one of each) also use rudimentary (= good enough for me) 2FA both to get access as well as to send BTC out.  And I have used those as well, they both work just fine.
1577  Bitcoin / Hardware wallets / Re: OPENDIME: Zero-Trust Physical Bitcoin Wallet – Bearer Bond – Credit Stick on: August 20, 2016, 01:36:03 AM
...

Update on my use of OPENDIME hardware

I bought six of them, tried one out to learn the device within a day or so of arrival.  The instructions and device lay-out were "good enough" for me to load the device with random input, later to "load" the wallet with BTC.  Later, I broke the small stick (in center with lock logo) to get the private key, and had the small amount of BTC there swept to my blockchain.info wallet.  (More detail upthread, this was a summary).

*   *   *

I have since gone on to load up two more with somewhat larger amounts of BTC with the idea of keeping them as "cold storage" devices (not really recommended by nvK, but they're my devices now, smile).  The OPENDIMEs are now ready to be issued as "payment" or as a gift (two of the uses foreseen by their website).  YES, there is no way to securely backup the Private Key (it's hidden in my unbroken devices), but they are securely locked away, as one would lock up gold or CA$H.

One nice thing about them is that I will never have to "update firmware", as I have had to do with both Ledger and Trezor.  In both cases I was nervous during the update process...  But, I was forced to do so with the Trezor, else it would not work (not even open to see amount).
1578  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: August 20, 2016, 01:25:32 AM
...

Are there any Bitcoin ATMs or exchanges in India?  How about members of localbitcoins -- say outside of Mumbai or New Delhi?

Being able to purchase Bitcoin seems to be of prime importance for it to grow in India.

*   *   *

What physical items can be bought with Bitcoin in India?

Merchant acceptance of Bitcoin seems to be the other matter of prime importance.
1579  Bitcoin / Bitcoin Discussion / Re: Bitcoin is virtual currency for criminal on: August 15, 2016, 04:04:17 PM
...

Ah, criminals might use Bitcoin.  And of course, criminal governments would not be above stealing wealth:

http://www.zerohedge.com/news/2016-08-15/wealth-tax-looms-greeks-forced-declare-all-assets-tax-authority

The Greek government will want to know how much cash is held by each citizen, even if below 100 euro.

I believe that we have all learned that many governments have criminal tendencies.
1580  Economy / Economics / Re: Economic Totalitarianism on: August 15, 2016, 03:56:47 PM
The wealth confiscation is coming.

http://www.zerohedge.com/news/2016-08-15/wealth-tax-looms-greeks-forced-declare-all-assets-tax-authority

Quote
The Greek finance ministry confirmed some more details of the long-planned registration of all kinds of private wealth that will go into effect in February 2017. As KeepTalkingGreece reports, more than 8,500,000 tax payers registered in Greece will be called to declare all moveable and immovable assets, their total “wealth”, and even cash they possess even if it is below 100 euro. Furthermore, the taxpayers will have to register changes in their assets when they occur and not annually.



Hmm, imagine all the paperwork involved in declaring changes of assets.......

Quietly bought and properly mixed Bitcoin will help keep wealth unknown to predatory governments.  That would help a little.

The Ionian Sea west of Greece is famous for shipping and boating accidents (probably with lots of wealth lost), it must be dangerous there.

These confiscatory governments do not seem to be interested in letting their countries recover, they just want to loot while they still can.  Typical Marxists.
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