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1281  Bitcoin / Bitcoin Discussion / Re: Image of BitCoin on: April 26, 2015, 12:42:01 AM
simply answer : mass media.
complicated answer : stupid media.

This is a simple and the best answer.

Last year when I mentioned to my parents I was into bitcoin who are 60 their response was the typical "Didn't bitcoin go bankrupt?", "Yea I thought I read the CEO committed suicide too".

They only knew what the mass media was spewing. They know better now, but still apprehensive.
1282  Bitcoin / Project Development / Re: So You Want To Use Bitcoin On Your Website? on: April 25, 2015, 11:50:37 PM
That is a very nice package, good work.

I have no experience in make BIPS, but I have always thought that if I should make a small webstore, then would I take a very pragmatic approach. I would generate a long list of public address with www.bitaddress.org. and then only expose the public part to the webpage. Use some kinda a java script to present the user with order number and unique public adresss.

Thanks,
You can do it that way too with pre-generated addresses and javascript. In fact I gave that method a try before as well.

I created a javascript file with hundreds of addresses and had it select one at random when the user went to buy a product. It was difficult since I had to constantly update the list and remove old addresses. Also with javascript users can see your code so a malicious user could start sending dust amounts to my addresses to try and mess up my records/bookkeeping. It looked something like this:

JSfiddle example

Code:
<html>
<script>
var myArray = [
"1G3L2W6Fkw1NsMwtzcqM6rPQ7wbE3RKBWw",
"1PCNpFrf9NXtHY4u2UDhAhW66ETwHiKvYt",
"1DYLxff6yZ2yUdWH2YjeChqqse3fMkAYtd",
"15YyAKwGff7o4LNmJz7wr4uJaARKdh784A",
"1FEpU3C5gbSeWzhwp6jE9E8Bt1XNwhaJuo",
"15YyLesC4766Sk3ZTPNBcVv9hFHEDN2Xt7", 
"1HXKLsRhL5HKUfViDiHkwvqY92VdXhsrbF"
];
var rand = myArray[Math.floor(Math.random() * myArray.length)];

function popup() {
document.getElementById("result").value = rand;
}
</script>
<center><input type="button" id="buyButton" onclick="popup();" value="BUY">
<p>
Send your BTC to:
<input type="text" align="center" id="result" size="46" readonly />
</p>
</html>
1283  Other / Off-topic / Re: Each block is like a flower in the golden sun on: April 25, 2015, 11:19:58 PM
Hey Mr. Burns, 420 was 5 days ago  Grin
1284  Economy / Web Wallets / Re: Blockchain Receive Payment API on: April 24, 2015, 07:33:57 PM
I saw this in the API page of blockchain.info

Requests in 8 Hours: 39 (Soft Limit = 28800, Hard Limit = 28900)
Requests in 5 minutes: 1 (Soft Limit = 700, Hard Limit = 725)

Does anybody know what it means?

I plan to query every block generated then get all the transaction details, does that mean I can only query the blockchain data api once every 5 minutes? if there are many transactions in a block i want to query each transaction.

You can hit it 700 times in a 5 minute period (two times per second).
You can hit it 28,800 times in an 8 hour period (once every second).
1285  Economy / Web Wallets / Re: Blockchain Receive Payment API on: April 24, 2015, 02:59:09 PM
Im just getting started with blockchain.info's api... These tutorials helped alot!
https://bitcointalk.org/index.php?topic=990348.0

I wish there were tutorials like that for chain.com and their api.

 

Thanks TimeDJ!  I wish some of the more knowledgeable coders in these forums would create tutorials. I created those since none existed and I'm no professional just a hobbyist so we could probably learn some pretty cool things if a pro put together some tutorials.

As for chain.com I've never tried them, I'll have to check it out. 
1286  Bitcoin / Bitcoin Technical Support / Re: Where to put Base64 private key? on: April 23, 2015, 04:51:37 PM
It's base 58 and it's not working?? Where did you get this key? How did you generate it? Base 58 Private Keys are already in WIF format and they start with a 5, K or L and are 51 or 52 characters long.

Blockchain.info allows you to export your private keys as a straight base58 conversion (without the checksum or version number).

Ahh, good to know, thanks Danny!  That does seem odd they would do that.
I've seen how to manually do the checksum and version number before but personally don't know how to do it.
1287  Economy / Speculation / Re: Are you bullish or bearish right now? on: April 23, 2015, 04:01:50 PM
Bullish. I think a lot of money is waiting for the "for sure" time to get in. Either big news, or a continuous bull market.
I also think the price has artificially been pushed down to these levels so big players can accumulate more or buy in when ready. I think the scale at which things are going to expand are underestimated. There is not one person in the finance and investment world that doesn't have their eye on Bitcoin, once that rocket starts, EVERYONE will want that ride to not miss out on this time. It will be one hell of a ride.

I agree with most of what you said, but how exactly do you thing the big players are manipulating the market? Are they holding off for the right time to buy? Maybe, although I think many of them are just holding there positions as well, but I don't see how they could be manipulating on a large scale.

Maybe this is my tin foil hat thinking, but here we go:

If you, or your investment partners, or investors you know, caught wind of Bitcoin being brought to the masses for completely legal trading, you would want the most Bitcoin for the least amount of money to accumulate before the masses started trading under the new platforms. You or people you hire short Bitcoin to drive the price down, enduce panic and make Bitcoin seem like a failure, pay troll accounts on forums to bash Bitcoin, in hopes of anyone who reads the forum to sell or not buy Bitcoin, if you are a large, well respected investor or investment group, maybe you say some bad things publicly about Bitcoin to drive the price down or steer others away for a while. Maybe if you are trying to open an exchange (or looking for more funding), and the only way it will get approved or funded is if the price is lower, so the greedy ones doing the approving or funding can accumulate a large stash of Bitcoin for themselves.
I could go on and on with possible theories, some more logical than others, but based on everything I've read in the past year, from articles, to forums, etc.. Makes it seem that some power(s) that be want to accumulate more and control the market, at least while they can, and the most profitable way is to drive the price down and accumulate. Which is good for bears here at first, but great for Bulls when they can go no lower, they've got to make money somehow, and that's by going UP! Some may think I'm a little off the wall for making these theories, and I'm not saying they are right or wrong, just possibilities. Hey, this is a speculation forum right?  Grin

I don't think that's too tin foil personally. It seems completely natural.

Jim: "How's that chocolate cake?"
Bob: "Oh, it tastes terrible, you shouldn't eat any."
1288  Bitcoin / Bitcoin Technical Support / Re: Where to put Base64 private key? on: April 23, 2015, 03:58:31 PM
It's base 58 and it's not working?? Where did you get this key? How did you generate it? Base 58 Private Keys are already in WIF format and they start with a 5, K or L and are 51 or 52 characters long. How many characters in your private key? If it's not working sounds like you have a typo somewhere or whatever you used to create the key is not reliable.
1289  Bitcoin / Bitcoin Technical Support / Re: Where to put Base64 private key? on: April 23, 2015, 03:17:24 PM
Goto bitaddress.org click on the "Wallet Details" section/tab and paste it in there. It will then convert your base 64 key into a WIF key so you can import it into your wallet.  It's all javascript so you can save the webpage to your computer and do it all offline that way you don't expose your private key.
1290  Other / Off-topic / Re: How many of you signature campaign posters sell your coins once you received it? on: April 22, 2015, 12:57:17 PM
No way, I keep every single satoshi. I "sold" (cashed out to my bank with coinbase) one time when I first started bitcoin, it was like $20 to see how it worked. Never cashed out again.
1291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2015, 12:43:13 PM
I believe that the current pump has to do with MtGox withdrawal process. Here's more info: https://bitcointalk.org/index.php?topic=179586.msg11161910#msg11161910

Holy schmokes! The ungoxxing is happening  Shocked  So Sept 9th when people receive their funds, is everyone going to cash out, or will they do the free tradining? Should be interesting to see how this plays out.
1292  Economy / Speculation / Re: How Soros goes all in, is it the right time for bitcoin price to reverse? on: April 22, 2015, 04:03:55 AM
Going all in is much more of a gambler's mentality than an investor's. Great for George but I wouldn't recommend anyone to go "all in" on anything. I am pretty much a permabull on bitcoin, but I only invest a modest amount each payday. Trying to catch the bottom/top or the reversal point is very difficult to do. A lot of people thought the reversal was in May last year, but that didn't work out.
1293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2015, 01:14:30 AM
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.

1294  Economy / Speculation / Re: Critical Levels - EW analysis on: April 22, 2015, 12:45:41 AM

Looks like we reached your target now on OKCoin.


It was a triangle thrust. good triangle form and characteristically sharp. we could see a little higher from here but the fact that we have just penetrated the upper trendline doesnt bother me, the complete count is very strong. Upside is very limited here.

Do you anticipate 240-245?

No not that high. 240 would be a push.

Looks like your on track again chessnut, so next comes the drop according to your main count?
1295  Bitcoin / Bitcoin Discussion / Re: Should I move my cold storage to multisig? on: April 22, 2015, 12:38:18 AM
Is it possible to create multisig paper wallet ? If yes, how ?

Yea you can create one manually with bitcoin core in the console, and then save the 3 private keys, and the redeem script to paper. Easy for a typo error though, so I'd probably use a USB thumb drive instead of paper.

From the three private keys, how do I create one bitcoin address ? Does bitcoin core support this feature ?

Yes, you can do it in bitcoin core console.
All you need is the 3 public keys in hex format (i.e. 0347f3394ff0a223332b1de34d51c4cd5cd381d390c890b82fbd00af059f22e19d).

And do the command:  createmultisig 2 '["pub_key","pub_key2","pbk_key3"]'

Example to make a 2 of 3 multisig wallet.
Code:
createmultisig 2 '["0347f3394ff0a223332b1de34d51c4cd5cd381d390c890b82fbd00af059f22e19d","03f5c15b4b3045f585fc732d6a31abcf323fc7ee7745e18b9298072e7aa9a33d49","023293a9b92f639b1774d18194ab586cc095bc0eca53c6250fbe608c98ed25430b"]'

Also, don't send any money to a multisig address unless you are comfortable with sending raw transactions.
1296  Bitcoin / Bitcoin Discussion / Re: Should I move my cold storage to multisig? on: April 22, 2015, 12:30:55 AM
What is the "dice" you refer?

I hope it is not a dice site.


A dice site? Like gambling?  Cheesy Oh no way.
I mean dice like real physical dice.

1297  Bitcoin / Bitcoin Discussion / Re: 12 Million people use Bitcoin today according to XAPO's CEO on: April 21, 2015, 12:46:24 PM
I agree that 12 million is inflated number... There are probably less than 1 million active users(People that are spending at least once a week), but 4-7 million BTC holders due to services like changetip and coinbase.

Proof-

https://www.coinbase.com/about

Coinbase has 2,100,000 unique users (2,700,000 wallets) as they follow KYC and cannot lie about these numbers due to the amount of investors doing their due diligence and they aren't even available in some of the largest countries of bitcoin investors like china and uk.

Many people like myself have given out 100s of gifts in bitcoin with changetip and coinbase and we see who accepts it or not. Most of these non -bitcoin users accepting it are simply sitting on the bitcoin because they cannot be bothered with 5-50 usd of btc at the moment but are aware that it may go up in value so are willing to spend a minute setting up the account to accept in hopes that it does appreciate and not to be rude to their friendly gift giver.



How many of those 2.7 million sign ups are not bitcoin USERS? Perhaps they received $5, $10 worth of BTC from somewhere and immediately cashed it out to fiat, and coinbase is the easiest way in the US to 'cashout'.  In my book that is not a bitcoin user. I went kayaking once, but I am not a kayaker.
1298  Bitcoin / Bitcoin Discussion / Re: Rare address hall of fame on: April 21, 2015, 04:12:00 AM
How the hell was the bitcoin eater address found? That thing would have taken a while to generate wouldnt it?

Someone correct me if I'm wrong, but as I understand it the bitcoineater address wasn't found. It was created manually and only works because it fits the base 58 algorithm with the proper checksum at the end so you can send bitcoins to it.
1299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2015, 02:10:36 AM
Ooo, new poll added. I'm going 300+, the permabull in me can never die, even though chessnut and his EW sorcery says we're going down.
1300  Bitcoin / Bitcoin Discussion / Re: 12 Million people use Bitcoin today according to XAPO's CEO on: April 21, 2015, 02:05:12 AM
There's growth, just look back,
3 years ago:


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