According to the post, this behavior may indicate that the entity is trying to determine if a particular node can be reached at a particular IP address.
Anyone know about this?
Governmen Could this be an attempt by some government, or set of governments, to limit bitcoin in some way? It could be the prelude to a "war" aimed at limiting privacy and anonymous transactions that world governments want to carry on. Read what franky1 said and a few others. This is noting new. There are sites that have been doing it for years. THERE ARE OR WERE A FEW THINGS ON GITHUB THAT WOULD DO THIS. All nodes can find out about all other nodes. That is how BTC works. Part of me wants to report this thread, another wants it to stay up to fight FUD so there is real info out there. -Dave |
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Can you elaborate on this? OP is interested in exactly this (if I understand correctly). What is the probability that a hardware wallet will fail just as easily as a flash drive?
Loaded question. Around here you can go to a local MicroCenter and get their house brand cheap ass USB drive, OR you can get a better one from a manufacturer like SanDisk or Kingston. You would like to think that most hardware wallet makers are using a better grade of components. Higher quality circuit boards, components from name brand suppliers vs the cheap things you may find ao ali express and so on. But I can say my cold card has survived drops and some spills with no issues. YMMV based on brand and even luck. -Dave |
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well, i heard that even if you have fdic insurance FDIC insurance is a somewhat different issue, but as I pointed out in an earlier post in this thread, the FDIC only has enough assets to cover about 0.5% of what they claim to insure. If a big enough bank collapses, either FDIC's assets will run out or the government will just have to print even more to cover all the losses. Not accurate for several reasons. 1) You are assuming that the banks hold $0 when they go under so they FDIC has to cover everything. Most of the time the banks have MOST but not ALL of the money. 2) Even now with Signature and others that were closed, the other banks are taking over the FDIC did cover some but the new banks have enough to cover the rest. That is the point. 3) The FDIC also gets the profitable debt that they can then resell if needed. AND also keep in mind, it's also a little like care insurance. You car is worth $30000. You hit a tree. It's going to cost $15000 to fix it. The insurance company totals and takes your car and cuts you a check for $30000 minus you deductible and then takes you wrecked car. And then proceeds to part it out to scrap yards and such for $20000. They actually come out with more money then if they fixed your car. This is also happening here. The banks WERE profitable. They just, at the moment had a lot of issues. There are plenty of people wiling to buy the scrap parts of the banks because they do have a lot of value. -Dave |
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The issue with IPs, outside of the ones mentioned is the fact that there are so many (millions and millions and millions) issued to legacy holders. https://en.wikipedia.org/wiki/List_of_assigned_/8_IPv4_address_blocksThe issue with domains is that was not mentioned it that there are a lot of businesses with massive name holdings that they run for other people. That is the advantage of PoW, you actually have to DO something. Yes, I know the miners are doing it but you have to invest, and then keep investing or get left behind. Everything else is just a different version of PoS. -Dave |
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Yes it's legit: https://restructuring.ra.kroll.com/FTX/You can file claims here: https://restructuring.ra.kroll.com/FTX/EPOC-IndexWill you get anything? Who knows up to the judge and a bunch of other things. Keep in in mind it's not a 1st come 1st served kind of thing, but they can impose deadlines on when you have to file a claim by or you risk not getting anything. So if you don't file and were entitled to, that's on you. Kind of like leaving your coins on an exchange. That was on you too. -Dave |
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You should probably move this post to the Bitcoin Forum > Economy > Marketplace > Service Discussion > Exchanges discussion: https://bitcointalk.org/index.php?board=223.0With that being said how much BTC / funds in general are you talking about? There are some places that will allow you to move funds in and out quickly BUT have lower limits. If you want to buy a full BTC but the exchange only allows smaller withdrawals say $1000 a day for the first couple of weeks for new users are you better off with a longer validation process with larger amounts? NOT VOUCHING FOR THEM, but I have had only good dealings with Coinex: https://support.coinex.com/hc/en-us/articles/900004670183-Dave |
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#1: What do you mean by "low power issues" ?
#2, who won't test the transformer? Low power means what it says: Voltage drops out of spec under heavy load - OR - there is a local brownout that causes a lower than normal voltage from the utility. Either way you have to pay for someone to test/verify what you are seeing. Testing the transformer: Due to the incoming voltages used, transformers tied to utility power lines are almost always oil-filled. The dielectric oil used provides both insulation as well as cooling. Most utility guidelines require the condition of the oil to be tested every few years to monitor its breakdown over time. You'll have to pay for that. If there is an issue with your voltage dropping when under full load, that can be checked using a (huge truck mounted) resistive load bank to provide known loads ranging from several 10's of kw to over several MW to the load side of the transformer. Most large cities have several companies that provide that service and it is NOT cheap. In short, if you have ANY power issues you have to pay for it to be diagnosed. Oh btw: that link Phil gave is not for a main incoming power transformer - the utility side is usually over 4.8kVAC and more typically either 9.8 or 13.2kVAC - not 480v. It's not that they will charge you to test the power that coming into the transformer form the local power company. It's the fact that the will not even DO it until you have your electrician onsite. Being charged by your person is a different issue. If everything goes well there can and will be a cost savings. You just should be aware that there can be some major expenses that you can get hit with. -Dave |
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Had 2 customers do it here in NY/NJ and someone else in FL. Not mining related, just manufacturing
Saved them a lot.
BUT:
1) Everything is 'your fault' not the fault of the power company until you can prove otherwise when it comes to low power issues. 3 states, 3 different power companies, same BS.
2) If you do have issues they will not even test TO the transformer without your electrician being there.
3) If you do need parts / repair you can be down for a while. Unless you have a spare $50k transformer sitting around like the power company does.
For my customer that had a lot of issues it was stressful and annoying, but they could function on a limited bases.
A mining facility is going to be off....
-Dave
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Proof of reserve reports are inherently limited, and customers should exercise extreme caution when relying on them to conclude that there are sufficient assets to meet customer liabilities."
That sums it up as simply as possible. I can show you now I have $100 in my wallet. If I owe $10000 that $100 is entirely meaningless. I can TELL you I only owe $50, but without a real audit / accounting it's just what I am telling you. <cough> FTX </cough> Some places like Coinbase are a little better in the fact that since they publicly traded businesses they do have certain reports and audits that have to be done a certain way. BUT, we also know that those things can also be 100% meaningless <cough> Enron </cough> Wait for it...... NOT YOUR KEYS, NOT YOUR COINS. -Dave |
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So much for their "dream team" legal defense. Normally, people would be surprised and disgusted by such pig-selling occurring, but in this case, this action of his is quite stupefying because it means that they think that they don't have a fighting chance to win this lawsuit. Otherwise, he wouldn't have sold his shares, now would he? They were making a big splash about their attorneys taking on the SEC, and now this. Did you read the filing? https://investor.coinbase.com/financials/sec-filings/default.aspxhttps://d3ka4b6b7wffw2.cloudfront.net/0001679788/100117351171/7bcbdfd3-493d-4bc6-8b71-da2868ae6820.pdfWas more of a shifting around of stock then out and out sale of stock. Look at the ones labeled (A) for acquired vs (D) for disposed of. Sadly there is a lot of things that things that are somewhat not that bad in the corporate world that still have to be reported since it is a public company. It's the nature of what it is. As for the lawsuits. I see Coinbase coming out *relatively* unhurt and Kraken and Justin getting heavy fines and such. If not outright bans. Just my opinion, no legal or financial basis to back that up. I have no real funds in any of them. -Dave |
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1) Oh well sucks to be Binance 2) What the hell is wrong with people who work there and everyplace else lately. Don't they know every email, every text, every DM....EVERYTHING is recorded for all time and it's going to come back to you at some point. We laugh at this comic but it's true:  3) Makes you wonder how much other information is going to come out from people looking to save their own ass. If they found this, what didn't they find yet. -Dave |
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When they go after places like State Street Bank / Goldman Sachs who are more or less holding most of the funds for places like Gemini get back to me.
Gemini have funds?.. i thought they had no funds because they handed it all to genesis and thus DCG(current bankruptcy/lawsuit drama between gemini and dcg).. where DCG had until recently had value in the certain banks mentioned in this topic(during the said legal drama) DCG have recently been reaching out to other banks due to their involvement with the ones mentioned in this topic [1] [2]so its all applicable to the topic DCG is a ~$15bill consortium of value there were other non crypto based businesses affected by the banking drama.. but that does not mean there was no crypto drama in the 'bank run'/'money shuffle' diversifying tasks done in recent months DCG / Genesis was for Gemini earn. They were always very clear on that, when you put money in the earn program, it was no longer under the control of Gemini. The funds to run the day to day operations / the holdings for their GUSD stablecoin / and all those other things are in banks and treasury bills. But in the end when you have banks like Pathward (Metbank) and WebBank and all the others that issue crypto debit cards for companies and all the rest, when someone like the OP comes in saying that the government is shutting down crypto banks I just roll my eyes and point out that they really do need the tinfoil hat. On a side note, Gemini earn was always a joke IMO, they were letting you take your money out of the control of Gemini and putting it in with DCG and then took a very large percentage of the profits for themselves, yes it was easier then doing it yourself but it then put them in this position of looking bad because they had their name on it. But Gemini Earn, does sound a lot better then Gemini is going to take your money invest it in risky things for 12%+ APR and give you 8% I can see the marketing department having an issue with that  -Dave |
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Just when you think you have heard the dumbest thing out there, someone surprises you can comes out with something dumber.
And not just twisting facts and outright lying, sometimes I can't understand some of the radicals out there, they look something like this in my opinion:  Weren't banks supposed to die because of BTC? Weren't you suppose to be your own bank? Wasn't playing around with fractional reserve the worst thing about banks? How the hell in the name of god can somebody come now and make a case for a bank that was insolvent, was below the 10% asset ratio, and act like it's a government conspiracy that is destroying something that was never supposed to exist? Seriously are we starting some tinfoil hat witch hunt club where everything is done because the government somehow hates crypto? If they hate d crypto don't you think there would have been like 1 trillion billion quadrillion things that they could have done that would have had a worse effect than crushing their own bank sector? Just how dumb is this, they are shooting their own leg so they can't go to your birthday party and thus ruining it, or what? Because it gets clicks on their youtube video / followers on their youtube channel. And it lest people who follow those beliefs think they are 'sticking it to the man' so to speak and 'being independent of government power grabs' and so on. The other funny part is the Signature bank is still going, was taken over by Flagstar / New York Community Bank and for 99% of things nothing has changed. Policies are the same and so on. The people that work there just have a new name on the top of their paycheck this week. No major policy changes. Looks to be the same with the people that bought SVB. When they go after places like State Street Bank / Goldman Sachs who are more or less holding most of the funds for places like Gemini get back to me. Until then: https://www.youtube.com/watch?v=aURlCjad7uA-Dave |
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From https://generalbytes.atlassian.net/wiki/spaces/ESD/pages/2885222430/Security+Incident+March+17-18th+2023What happened
The attacker identified a security vulnerability in the master service interface used by Bitcoin ATMs to upload videos to server.
The attacker scanned the Digital Ocean cloud hosting IP address space and identified running CAS services on ports 7741, including the General Bytes Cloud service and other GB ATM operators running their servers on Digital Ocean (our recommended cloud hosting provider).
Using this security vulnerability, attacker uploaded his own application directly to application server used by admin interface. Application server was by default configured to start applications in its deployment folder. Is it just me but is having the sever that handles money start everything in a folder just asking for trouble. Any other breach that gets you access may or may not get you full access to everything. But if it just runs something without a specific reason to (other then it's in that folder and that's not a good reason) bad things are going to happen. Look there is a file called auto_deploy_virus. Lets run it and see what happens. -Dave |
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2 Different things going on.
1) Pointing your miners to Nicehash (or mining rig rentals or a few other places) although they charge a large fee, NH does have profitability spikes when someone comes out with the next big alt coin and people want to mine it and they don't have miners so they rent. Also, NH and others support a bunch of different algorithms. So if you have some SHA256 miners and some Scrypt miners and some old ETH miners and so on you just point them at NiceHash and you are not dealing with a bunch of different pools.
1a) Renting form nice hash. Kind of like playing the lottery. If you are pointing to a solo pool or PPNLS pool you *might* get lucky and come out ahead. Or you may loose. That is your risk.
2) Places like Binance. They are making money on the hosting and so on. But if they 'rent' you a cloud miner they don't care if BTC goes up they don't care if BTC goes down. They don't care if the pool is lucky. They have your money. You are now taking the risk.
-Dave
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It really is a good risk / reward balance for them. For the last year or so they have been DCA their cost down. So over time even smaller bumps in price will be good for their balance sheet.
If BTC moons they win. If BTC falls for a bit it still looks like a smaller loss on paper. Which it is, because it's just that. A paper loss. Until they sell. If you have enough funding and time you can wait out the dips in price.
-Dave
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I'm *assuming* the OP is running their own LN node since this was how this started. If so it's running core on the back end. They should be able to spend an unconfirmed from there.
IF that is not an option, getting the private key from that 1 address and importing it someplace else is also not going to compromise security since the entire reason is to move the funds out from that address.
@Angula77 what is your setup for the LN node?
-Dave
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Since Wolfbet's dice game is also provably fair, that more or less means that results are set in stone regardless of your bet amount, payout, the moment you start gambling on a new seed. From what I see you weren't actually chasing a 2x multiplier and instead using dicebot to go for alterning multipliers each bet. Regardless you've seemed to have stopped at a streak where you got aproximately 16 reds in a row, if the payout would've been 2 X ( it wasn't ). A streak of 16 reds in a row on 2x multiplier theoretically over a large quantum of bets happens once in 65536 bets. Considering you've stated you placed 4 million bets, this 16 streak of reds would've happened roughly about 61 times, so over a large span of bets it's actually not that rare. There's a tendency for gamblers to cry "Scam" whenever they come across a long streak of losses, while discarding long streaks of winning bets  Actually I am going with there is a tendency for SCAMMERS to cry "Scam" about other peoples things when they can. Makes them look more legit. Look at the OP just screaming scam against some casinos (yes the 1x is a scam we all know that) all while attempting to push his magical pumping service. But, yes you are also c100% orrect in the fact that gamblers do tend to scream scam when they loose. -Dave |
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From my point of view for the loans I have made they are all unsecured personal loans for smaller amounts. So, I look at it as no different then them going to a friend or coworker or whoever and borrowing a couple of hundred dollars till payday. What they do with it is more or less their own business. For the amounts I have given out you really could not do a HYIP kind of thing.
If they came to me and asked for a couple of thousand to setup a Ponzi the answer would be no, because more or less you are supporting one at that point.
If they did not tell me and I did not ask, well that's on me. But, would we ever know the truth anyway? If you @Timelord2067 came to me here and asked for a few thousand because the engine in your car just detonated and you need to get something to go to work till you can buy a new one. I would probably give it to you since I really doubt you would blow a decade old legendary account and it's alts for a few grand. BUT if was to start the TimeWarp2067 HYIP how would I ever know if it never got traced back to you?
We are all kind of anonymous here.....
-Dave
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