Bitaddress.org is really secure imo. As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine. Use a cheap, shitty printer that doesn't have internet capabilities. I'd split up your stash into smaller amounts on different paper wallets too. Use BIP38 encryption too. Write your passwords on the paper wallet too, laminate it & hide it somewhere safe. Maybe print 2 copies.
Agreed, running it offline seems secure. I stored a decent amount on a paper wallet from bitaddress.org for a year before moving the coins to another address. The only possible issue was RNG, and that was solved when they added the cursor movement for entropy, even a tiny 600x400 screen would have plenty of entropy to be random enough to avoid any collisions. Well aside from RNG weaknesses - the other main issue is the potential for someone to hack the site and upload a version that has predetermined private keys. That way when it's used the private keys produced will be the same and thus the hacker can steal without ever having to have a direct internet connection or break through encryption. Albeit it would be rare, and the best way around it would be validating the source code for yourself and checking GPG signatures. So their weakness is they might get hacked? So can any other website. The code is available as a zip on github so you can run it offline. Also you should review the code yourself when you have time. I have and it's well put together IMO.
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Instant payments? Join yobits signature campaign. You need to actually add constructive posts, and don't spam or you'll get the ban hammer. They even accept newbies at 0.00005 BTC per post. https://bitcointalk.org/index.php?topic=1036113.0;topicseenEDIT: Turns out they are no longer accepting newbie accounts due to spammers
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I guess my payment got roll-overed, right?
Yup, you can check yourself. http://www.bitsig.website/Coinomat/I didn't hit the 20 minimum due to the downtime, and my count for this week includes posts from last week.
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Using Bitaddress.org to generate a paper wallet, does have some risks and issues. For example, one of the minor issues is the private keys that begin with 5 are uncompressed private keys. These are an older type of private key. Meaning with these the transactions they make are bigger, as a result you'll likely need to pay slightly higher transaction fees. Although, it's not a huge inconvenience.
Gmaxwell and a few other members have urged users not to use ANY browser based private key generator as you expose yourself to many different kind of attacks. I would have to agree.
You don't have to use the uncompressed keys, click on over to the wallet details tab and paste in the private key. Viola, you now have different options, compressed, uncompressed, Private Key Hexadecimal Format, Private Key Base64, heck you can even make an address using dice by inserting your own Base6 key 99 digits(0-5). Create one with dice and do it offline and you'll have a very secure key. 6^99 different possible outcomes.
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Bitaddress.org is really secure imo. As long as you disconnect from the internet when you create your randomness & then generate the wallet is should be fine. Use a cheap, shitty printer that doesn't have internet capabilities. I'd split up your stash into smaller amounts on different paper wallets too. Use BIP38 encryption too. Write your passwords on the paper wallet too, laminate it & hide it somewhere safe. Maybe print 2 copies.
Agreed, running it offline seems secure. I stored a decent amount on a paper wallet from bitaddress.org for a year before moving the coins to another address. The only possible issue was RNG, and that was solved when they added the cursor movement for entropy, even a tiny 600x400 screen would have plenty of entropy to be random enough to avoid any collisions.
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This is a fun thread. Thanks for posting. Looks like we might double bottom on your chart and then go up from there.
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What does that translate to for price per bitcoin with tracker one? Is that the Swedish Krona at 10?
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I prefer a pen and paper. Create a key using dice and save the base6 key. Then I use my offline PC to make a digital back up and put it on a USB thumb drive and store an extra copy in a safe deposit box.
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Hey Joe, Hats off to you for accepting bitcoin for your business!
As for the Bitcoin for slurpee prediction, that's really difficult to guess. It could be never, what if bitcoin doesn't fit into the currency gap and instead it's used for store of value? You can't buy a slurpee with gold but gold is still valuable and traded by some. If bitcoin really takes off, 7-11 could accept bitcoin in the next 6 months.
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Maybe I am misunderstanding how it works, but it sounds like a pay-per-view for the internet with bitcoin. I can't image that it would be very successful when there are many free options to stream videos online.
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There are several hot topics to catch up with, among them the Digital Gold book and Roger Ver calling Star Xu of OKCoin a liar. Both are kind of boring subjects IMO. I enjoyed the NY Library discussion about the Digital Gold Book, but I don't think I'll obtain a copy. Roger Ver's drama, I really don't care about. This coming week however should really bring a hot topic, the release of the bitlicense. As for the price, a lot of sell pressure on finex, many ask walls of about 100 coins each. Just zoom out to the 1 day view and that pretty much says it all. Sideways, sideways, sideways.
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If I Google Bitcoin I see first three adds and then the bitcoin.org website.
Funny thing is that the first website on page 1 seems to be a phising site or something like that as blockchain there is written as blockchaln.
Yup mine is the same blockchaLn is the #1 result How sad is that? A phish site is the top site on google.
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When I google it there is no box and no definition. I know I've seen it before, also sometimes it shows the price at the top. It seems that it is always changing.
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IIRC when Eric created and launched moneypot his bank roll was around 80-90 bitcoins and that was enough. I remember him saying it was nerve racking the first few days when he went to sleep wondering if someone would bust his bank roll by the time he woke up.
What you could do is limit the max bet size if you have a smaller bank roll, but don't make it too small or you'll lose potential players.
As for legality that's a huge gray area and a risk.
Good luck on your project.
Thank you for your informative reply. How do BTC casino sites in general run (considering the legality issues) ? I believe they must run as anonymous as possible. So godaddy, hostgator and other mainstream providers are definitely not an option. I would assume they run somewhere out of any US jurisdiction.
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This belongs in the Altcoin section.
Haha yea except a centralized gov't coin is pointless. Why not just use excel or mysql? What's the point of using "blockchain technology" if you take out the decentralized nature of the world wide ledger that can be reviewed or audited by anyone? A centralized blockchain could go back in and change previous blocks relatively easily compared to real cryptocurrencies.
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Hrmm is this going to lead to the whole tracking every time your spend or receive for tax purposes? Selling an asset is different than using a currency but bitcoin is different. As Gavin mentioned on the interview on 5/19/15 you can't pigeon hole bitcoin into a single category that we are already familiar with like an asset class or a currency. Bitcoin is completely different than we have ever seen before so it should be it's own class/category. What? We don't really know yet.
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IIRC when Eric created and launched moneypot his bank roll was around 80-90 bitcoins and that was enough. I remember him saying it was nerve racking the first few days when he went to sleep wondering if someone would bust his bank roll by the time he woke up.
What you could do is limit the max bet size if you have a smaller bank roll, but don't make it too small or you'll lose potential players.
As for legality that's a huge gray area and a risk.
Good luck on your project.
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Rand is giving it hos all. I watched a bit and they were discussing encryption. I donated some btc his way however I am doubtful his race will be successful. We will end up with bush iii or mrs Clinton I'm afraid.
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This one looks good, signing up!
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