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3001  Bitcoin / Bitcoin Discussion / Re: Bitcoin Magazine on: February 13, 2012, 05:16:08 PM
Jeez , everybody here is completely paranoid. The guy is "missing" for a few days and you
are about to pickup the torches and pitchforks...  chill down.

+1  Cool
3002  Economy / Marketplace / Re: Bitcoinica's Interest System on: February 13, 2012, 02:38:54 PM
typical zhoutong, he makes an announcement and then just ignores questions he doesn't like

edit: please provide company info, i found nothing on your website

Currently, I'm the official operator of Bitcoinica, and I'm also the CEO of xWaylab Inc., a Delaware-based corporation. I'm ignoring your question because that has been addressed 5 months ago on bitcointalk.org.

However, there is going to be a change in the corporate status to allow financial services to be provided with full compliance, but we are unable to disclose more information.

Ok i understand. I'm not aware of any discussion regarding your company, so please provide some links to it. Please post some contact information, phone, address and such, company website doesn't seem to be up.

edit: is this information accurate ?

Quote
Tong, Zhou
xWaylab Inc.
2711 Centerville Road
Wilmington, Delaware 19808
United States
Telephone: +1.3024828086
Fax: +1.3024828086
3003  Bitcoin / Bitcoin Discussion / Re: Tor Idea. on: February 13, 2012, 02:29:50 PM
Oh, I think I see what you're saying.  You're suggesting paying the entry, intermediate, and exit nodes with the same payment?  That's not really necessary.  There are plenty of entry and middle nodes.  Exit nodes are the bottleneck.  Also, making the payment to all three nodes on a circuit with the same transaction has the same problem again - normally the middle node protects you against the entry and exit node collaborating, but the payment would compromise that.

Also, this still has the problem that you need to keep getting clean coins for each new circuit you set up.

Unless I still misunderstand you.  Please explain it more if I do.  Smiley

Yep, you got me right. I think it's necessary to incentive all the nodes, regardless if they are exit nodes or not. The middle point, or points, that help you defeat collaborating entry and exit OR's would work the same way, they only pass a hash and the node opening the circuit on your behalf doesn't have the ability to see it, just like the hash of the key you share with it.
Regarding that, meh dunno, get a good stash of "clean" coins before you start ?  Cheesy
3004  Bitcoin / Bitcoin Discussion / Re: Tor Idea. on: February 13, 2012, 02:13:49 PM
I know how TOR works, which is why I was describing A, B, and C as exit nodes.  You connect through a couple other nodes on your way to each one, but the exit nodes can see your raw, unencrypted TCP connections; and you left evidence that you were the same person when you made the payments to those three nodes.

If you still think I'm wrong you'll have to explain it more.

No, you don't have to, i get your point. This going to work only in a straight line (per circuit) so if OP needs a second, or third, exit point that allow IRC, instant messaging or any other port pass they can easily create another circuit altogether. Making the bitcoin payments is easy so you just have to make sure you have at least 1 connection and use "clean" coins.
3005  Bitcoin / Bitcoin Discussion / Re: Tor Idea. on: February 13, 2012, 01:42:10 PM
Sorry, that was poorly phrased.  Let me give an example:

You connect through BitTOR to Relay-A (exit node).
The Relay-A provides a payment address 1xxxA for access.

Repeat with Relay-B and Relay-C (also exit nodes), addresses 1xxxB and 1xxxC.

You make a transaction with input from your wallet and outputs to 1xxxA, 1xxxB and 1xxxC.

You connect through Relay-A to a web site and post some documents embarrassing a government official.
You connect through Relay-B and post a hypothetical description of how others can find these documents.
You connect through Relay-C to IM and talk with your friends.

If (Relay-A and Relay-C) or (Relay-B and relay-C) provide the government a log of outbound connections associated with a payment address, your identity is compromised.

Normal TOR protects against this.

heh, i was afraid you would say that, please read on how tor works http://en.wikipedia.org/wiki/Tor_(anonymity_network)
There's no such thing as connect through node A, B or C, tor doesn't work like a standard anonymity proxy  Wink
3006  Bitcoin / Bitcoin Discussion / Re: Tor Idea. on: February 13, 2012, 01:00:48 PM
yes, you're right but given that bitcoin would be implemented on such a low level no one will be able to tell who are the other nodes she paid for bandwidth.

... except the nodes themselves if they start comparing notes.  That's actually something TOR protects against with its multiple-relaying strategy.

i don't understand, your contradicting yourself, compare what ? any node doesn't know what it's in the packets they relay, even if they open a new circuit on behalf of a user connected to them, exactly as you say because tor was built that way, so what can be compared...  Smiley
3007  Other / Beginners & Help / Re: Introduce yourself :) on: February 13, 2012, 03:21:32 AM
Hi everyone, the name is drkurubit im new to bitcoins but im loving the idea, im a web developer incase anyone needs help.

welcome dude, there is plenty of work around for talented people
3008  Economy / Speculation / Re: Expect Decline: Silkroad suffering turmoil. Paxum lowers short-term confidence. on: February 13, 2012, 03:19:26 AM
It went down from the 5.5x's to 5.18. Was I right?

cheaper coins for me  Cheesy
3009  Bitcoin / Bitcoin Discussion / Re: Bitinstant- Paxum Temporarily Suspended on: February 13, 2012, 03:16:15 AM
The fact of the matter is, the larger Bitcoin gets the more of a threat it becomes. The people and institutions that share the most to lose will do everything in their power to stop it.

Wether Paxum decides to fold this early is up to them, and I will do everything in my power to keep them on our side.

....This is war boys, stop wining, strap in and get to work.

I guess it is.

acknowledged, back to the battle stations  Smiley
3010  Economy / Lending / Re: Tor Loaning Website on: February 13, 2012, 03:13:45 AM

Your comments are vague, which would lead me to believe they are without base.  Care to elaborate?

Ignore the comment - I've been noticing he has often pointless and brief posts around the place.  (He does have some useful posts as well, just this isn't one of them - he's too busy doing important things to reply properly.  https://bitcointalk.org/index.php?topic=48949.msg743639#msg743639 )

Excessive masturbation can lead to blindness.

I guess most of the people on this forum are blind.

why waste bandwidth and precious time with comments that lead to nothing, short and concise is always better
3011  Economy / Lending / Re: Tor Loaning Website on: February 13, 2012, 01:29:51 AM
lol, ponzi

So I can make money from it?  How?

pits me, email the owner  Shocked
3012  Economy / Lending / Re: Tor Loaning Website on: February 13, 2012, 01:23:27 AM
lol, ponzi
3013  Bitcoin / Bitcoin Discussion / Re: GPUGRID mining Bitcoin: Donate@Home on: February 13, 2012, 12:51:25 AM
They need to link the between (not just one way) between the donateathome.org and the cpugrid.net so we know that donateathome.org is not a scam.  I personally do not think it is a scam, but it would take very little effort on their part to make it more concrete.  

it's not very official but it seems that a senior member has posted the thread on the gpugrid.net

Quote
GDF
Volunteer moderator
Project administrator
Project developer
Project scientist

and i like his enthusiasm but it doesn't seem to have much support from his "folders", guess he feels like Gavin sometimes when he proposes new stuff and we get all over him with saying things. They claim bitcoin is used for bad things and stop there without thinking they could use it for science and be a good thing, old chicken and egg problem.
3014  Economy / Currency exchange / Re: WTB 40$ worth of bTc at market rate on: February 13, 2012, 12:22:47 AM
Will send as a gift to only high rep people. send me a pm or post in thread if interested.

Hi, i suppose you will be using paypal ? You have any rep for yourself ?
3015  Bitcoin / Bitcoin Discussion / Re: TradeHill - Paxum no longer working with Bitcoin exchanges on: February 13, 2012, 12:17:31 AM

we still have intersango or bitstamp working flawlessly
that's all nice and stuff, but do they also offer a prepaid credit card which can be charged without relying on a local bank acc?

yeah, seems like credit cards will sign their fate at this pace

and okpay doesn't have to comply with us banking pressure, please research for yourself before making such statements.
1.) The post above mentioned MasterCard. All "big three", Visa, MasterCard and AmEx are all U.S. based and as such, US regulations apply by proxy to all services offering any of them. The question is to what degree is okpay, as the only remaining service right after paxum, threatened to suffer the same fate as paxum...

2.) Since when is Canada in the US??
 

Okpay doesn't rely on them with it's business model, as you know they have all kind of payment options available, so worrying it will have the same fate it's a little exaggerated. Oops my bad, didn't know paxum ppl were from Canada, sorry.
3016  Economy / Speculation / Re: Expect Decline: Silkroad suffering turmoil. Paxum lowers short-term confidence. on: February 12, 2012, 11:41:09 PM
I guess that if this is real and SR is on the way out the best thing to do for people who want Bitcoin to survive is to try to get more real exchange going on in the currency.

uuuh, how about just make a new 'SR'? or several


waiting forward for the guys on SR to opensource their platform if shit hits the fan
3017  Bitcoin / Bitcoin Discussion / Re: Bitinstant- Paxum Temporarily Suspended on: February 12, 2012, 10:43:31 PM

maybe they we're force to make a deal if they wanted to have that scraped...

I would not be surprised if Paxum had to make more than one deal in order to keep their merchant account.

me thinks the banks have all of us by the balls  Cry
3018  Bitcoin / Bitcoin Discussion / Re: Bitinstant- Paxum Temporarily Suspended on: February 12, 2012, 10:30:54 PM
I searched the FINTRAC site http://www.fintrac-canafe.gc.ca/intro-eng.asp for Bitcoin and found one reference http://www.fintrac-canafe.gc.ca/publications/watch-regard/2011-10-eng.asp from April - June 2011. The section on Bitcoin starts with

" Bitcoins: a new anonymous digital currency and a potential vehicle for criminals to transfer money: According to investigators, an emerging digital currency named "Bitcoin", intended to allow people to send money without the use of payment processors or other financial institutions, could also be a method used by criminals to make anonymous international transactions. ..."

The question is why now? Since this advisory Paxum started accepting Credit Cards as a funding source in November 2011, and I suspect that latter has a lot more to do with their decision to close Bitcoin related accounts than a 7 month old FINTRAC advisory. It is a lot easier to spread FUD about Bitcoin than to admit they were breaking Credit Card processing rules.

maybe they we're forced to make a deal if they wanted to have that scraped...
3019  Bitcoin / Bitcoin Discussion / Re: TradeHill - Paxum no longer working with Bitcoin exchanges on: February 12, 2012, 10:26:08 PM
(...)
Recently we had been using Paxum for a large percentage of transfers and were quite happy with it. Unfortunately they cited increasing banking regulation and stated that they will no longer be working with Bitcoin exchanges.

(...)

This is really bad news!
With closed bank accounts, paypal nightmares and now this, all europeans are left now with is OkPay. But what are the chances that OkPay won't suffer the same fate? Huh

.

we still have intersango or bitstamp working flawlessly and okpay doesn't have to comply with us banking pressure, please research for yourself before making such statements.
3020  Economy / Trading Discussion / Re: Paxum and coinexchanger.com on: February 12, 2012, 10:06:02 PM
^This and i told you a while back that you have the "Buy" and "Sell" switched, on a real market that values reflect buy and sell orders not the price would cost you a bitcoin.
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