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841  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 19, 2014, 12:53:35 AM
BTC is 100% anon if you use it right and with various utilities.

Dark is a joke, its not even anon. DRK is th enew FTC.

it went, FTC --->QRK---->DOGE---->Blackcoin---->DRK----???this is the dump cycle.

Anoncoin seems to be much better.

Bitcoin is not anonymous in the least. It's more open and transparent than Paypal.

Even if you tried to hide your tracks through mixing, there's a very high possibility that you would recieve tainted coins(your own coins sent back to you), and that would unveil your tracks....

Not to mention, as I type, there are people designing programs to follow every transaction a Bitcoin address has had and will make, that would obliterate any kind of privacy one can hope to attain through mixers..

how do people even know I own which coins in the first place....!

Any exchange you used know which coins you own. Any individual you do trades with know which coins you own, etc etc.
842  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 18, 2014, 10:23:38 PM
BTC is 100% anon if you use it right and with various utilities.

Dark is a joke, its not even anon. DRK is th enew FTC.

it went, FTC --->QRK---->DOGE---->Blackcoin---->DRK----???this is the dump cycle.

Anoncoin seems to be much better.

Bitcoin is not anonymous in the least. It's more open and transparent than Paypal.

Even if you tried to hide your tracks through mixing, there's a very high possibility that you would recieve tainted coins(your own coins sent back to you), and that would unveil your tracks....

Not to mention, as I type, there are people designing programs to follow every transaction a Bitcoin address has had and will make, that would obliterate any kind of privacy one can hope to attain through mixers..
843  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 18, 2014, 08:11:04 PM
Not if those Dell's customers were bagholders...Which I suspect, many many people are after the November Bull Run.

If they didn't sell the bag on the markets, why would they use it to buy hardware?

True, but these type of news actually tend to decrease the price.

But then again, why would someone buy BTC just to buy products online that they could of bought more easily with Fiat?
844  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 18, 2014, 08:07:59 PM
To be completely honest, Bitcoin getting accepted by more and more companies would not increase the price, if anything the price would decrease more since those companies immediately sell any bitcoins they acquire from users buying their products...

They would be able to sell bitcoins because those bitcoins would have been previously bought by Dell's customers. So no downwards pressure.

Not if those Dell's customers were bagholders...Which I suspect, many many people are after the November Bull Run.
845  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] [BLOOMBERG.COM] Bitcoin Dominance Challenged as Danish Bourse Offers NXT on: July 18, 2014, 07:31:29 PM
That obviously doesn't count. Since Bitcoin was the first cryptocurrency ever...it had a hard time gaining traction. NXT was not the first PoS currency...it had no excuse for having such a horrible distribution...50 NXT addresses own 50% of all NXT coins and many of those addresses could be owned by one person...That's Horrible Distribution.

NXT is the first 100% PoS decentralized currency, so yeah, it's like Bitcoin, the first in its own class. Do you know some other that was before NXT, that is 100% PoS decentralized? Name it!

100% PoS doesnt matter.

The first currency to use PoS was Peercoin. NXT came long after.
846  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] [BLOOMBERG.COM] Bitcoin Dominance Challenged as Danish Bourse Offers NXT on: July 18, 2014, 07:30:10 PM
As a Nxter I have to admit that the distribution is really bad. But I don't understand why everybody is bashing Nxt for having a bad distribution while most other cryptos haven't a really good distribution either, some of them like Bitcoin is even worse. I also agree with ChuckOne that Nxt itself is not to blame for the bad distribution.

Bitcoin's distribution is much better than NXT's...

To compare:

The First 100 Bitcoin addrsses own only 19% of all Bitcoins mined atm.(will be around 10% in the future since only 12million Bitcoin are out)

The first 50 NXT addresses own a whopping 50% of all NXT coins..
847  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 18, 2014, 07:04:12 PM
All coins go through it. Bitcoin must of had 100 P/D's by now.
848  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] [BLOOMBERG.COM] Bitcoin Dominance Challenged as Danish Bourse Offers NXT on: July 18, 2014, 06:47:45 PM
Also, this kind of shows they know nothing about NXT. It's absolutely horrid distribution(First 60ish NXT accounts hold 50% of all NXT coins) guarantees no Mainstream adoption.

I've never understood this line of thinking. Care to explain. After 1 year of bitcoin a massive percentage was owned by one person. Does that disqualify bitcoin from mainstream adoption?

That obviously doesn't count. Since Bitcoin was the first cryptocurrency ever...it had a hard time gaining traction. NXT was not the first PoS currency...it had no excuse for having such a horrible distribution...50 NXT addresses own 50% of all NXT coins and many of those addresses could be owned by one person...That's Horrible Distribution.
849  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] [BLOOMBERG.COM] Bitcoin Dominance Challenged as Danish Bourse Offers NXT on: July 18, 2014, 06:09:17 PM
A lot of those people never believed in Bitcoin, and were the first to critisize it. If we listened to them, BTC's price would be less than $1 now.

Also, this kind of shows they know nothing about NXT. It's absolutely horrid distribution(First 60ish NXT accounts hold 50% of all NXT coins) guarantees no Mainstream adoption.
850  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 18, 2014, 06:05:48 PM
man, all this good news and the price still remains unchanged.. not complaining too much though, it will probably just make the next bull-run more explosive.


To be completely honest, Bitcoin getting accepted by more and more companies would not increase the price, if anything the price would decrease more since those companies immediately sell any bitcoins they acquire from users buying their products...The only way the price would increase is if a large amount of people decide to buy Bitcoin at relatively the same time. Other than that, it's all speculation and doesn't warrant a price increase.
851  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 18, 2014, 05:59:51 PM
Wow, that's good news, that is very surprising. Dell now, Microsoft tomorrow?  Grin
852  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 18, 2014, 05:55:09 PM
Coinjoin/similar schemes is supported by the protocol. I believe dark wallet and in the future others will have it enabled as default out of the box.

A research paper on coindesk recently stated that even with NO masking efforts they could only trace 10% of transactions by looking at the blockchain.

http://anonymity-in-bitcoin.blogspot.com/2011/07/bitcoin-is-not-anonymous.html

10% is wrong if you're talking about tracing 10% of transactions to output accounts like Coinbase, where the user sells his BTC for USD, it's much much higher, if you're talking about tracing regular Bitcoin transactions, it's 100%. Also coinjoin is deplorable, even having the slightest taint during mixing can reveal your tracks..Darkwallet is also centralized and being such, if it were to get hacked or anything like that, your funds could be stolen like any other malicious wallets out there..
Researchers were only looking at the blockchain.

Of course governments/exchanges would have more information as you say.

I don't know the details about darkwallet, better things will always come in the future given time.

Coinjoin/similar being deplorable.. I don't know about that, it can be done in a decentralized manor and if done correctly with enough sources and mixed enough times I think even the NSA would have only random guesses to go by.

http://www.coindesk.com/blockchains-sharedcoin-users-can-identified-says-security-expert/

http://bitcoin.stackexchange.com/questions/7966/what-are-tainted-coins-exactly

http://www.technologyreview.com/news/518816/mapping-the-bitcoin-economy-could-reveal-users-identities/

Coinjoin is not anonymous, the smallest bit of taint will unveil a user's transactions/tracks. Bitcoin is not anonymous in the least. Here are some website/articles on the subject, above.
853  Bitcoin / Development & Technical Discussion / Re: Why does Bitcoin not implement anon? on: July 18, 2014, 03:32:17 PM
Coinjoin/similar schemes is supported by the protocol. I believe dark wallet and in the future others will have it enabled as default out of the box.

A research paper on coindesk recently stated that even with NO masking efforts they could only trace 10% of transactions by looking at the blockchain.

http://anonymity-in-bitcoin.blogspot.com/2011/07/bitcoin-is-not-anonymous.html

10% is wrong if you're talking about tracing 10% of transactions to output accounts like Coinbase, where the user sells his BTC for USD, it's much much higher, if you're talking about tracing regular Bitcoin transactions, it's 100%. Also coinjoin is deplorable, even having the slightest taint during mixing can reveal your tracks..Darkwallet is also centralized and being such, if it were to get hacked or anything like that, your funds could be stolen like any other malicious wallets out there..
854  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 18, 2014, 01:17:47 AM
Bitcoins been pumped and dumped for 4 years. With each pump giving it a new low, not to mention the record # of companies/websites starting to accept Bitcoin and all this happened in just the last year.. Yup, it's definitely dying...  Roll Eyes I'm really starting to think Anonymint has some sort of Agenda, especially against cryptocurrencies.
855  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 17, 2014, 06:04:29 PM
http://www.coinbuzz.com/2014/07/14/argentina-france-impose-identity-verifications-bitcoin-users/

All the more need for Monero.
856  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (MRO) Speculation thread on: July 17, 2014, 05:21:17 PM
Well, I just got a few extra $s of BTC transfered. I've been buying like a madman since lastnight, gonna keep buying all the way up to 0.1.
857  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 17, 2014, 01:33:09 AM
Zoidberg put together a starting presentation about the improvements Boolberry has made to transaction anonymity:

http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246

It's nice - I hadn't quite grasped it well before, and this made the issue much more clear.

Monero devs already made those improvements. See the below quote.

No, not these improvements specifically, but we have a plan in place to address the same issues, after some other changes are made first (database, etc.)


Yea, sorry, I worded it wrong. I meant it's already thought out, and will come in place later.
858  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 17, 2014, 01:29:24 AM
Zoidberg put together a starting presentation about the improvements Boolberry has made to transaction anonymity:

http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246

It's nice - I hadn't quite grasped it well before, and this made the issue much more clear.

Monero devs already made those improvements. See the below quote.


It refers to a well known privacy issue on CN coins. We've had a fix for this in the development for weeks now after corresponding with a Bitcoin core devs that should be more effective than the solution for Boolberry, we're just waiting until the core of the software is more mature before we roll it out.
859  Alternate cryptocurrencies / Altcoin Discussion / Re: --* Monero Community Hall of Fame *-- on: July 16, 2014, 08:15:24 PM
I'm ready to send some moneros for this. Donation Address?  Grin

EDIT: I Donated 5 moneros on July 16th, 2014(7/16/2014).

5 not 10, error sorry.
860  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency - Now on Hitbtc.com on: July 16, 2014, 07:30:57 PM
I will not insist or argue. The time will tell. One more thing - I think  the time and money spent for so much PR was paid to cover a smart scheme.

do you mean BCN? lol 80% premine and an apparent fake blockchain are not smart at all...

Hi! Hitbtc team here.
As you remember, several days ago we launched a new campaign:
Now everyone can send us bug reports or usability improvements.


Thank you for taking a part in this campaign. We now have more than 10 e-mails with different suggestions or reports.
For now all of them are currently under investigation. Once this process is complete, we’ll send out rewards.
But the first rewards have already been transfered!
The campaign is not over, so send your bug reports or usability improvements to pr@hitbtc.com to get your reward:
100 XMR for a bug report;
50 XMR for any accepted usability improvement.
Get your reward – get in touch with us.



sent some suggestions, just my opinion but I think hitbtc would benefit with some of them.

Hitbtc reminds me of Bter for some reason. Both good exchanges nevertheless.
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