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221  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 19, 2012, 11:33:50 AM
The claim page just goes back up to the top when I hit submit. How am I supposed to know if it submitted or not?  I didn't have a position so I put 0's

Check for errors. They're not displayed in red like they should, so it's easy to miss them (like I did when I was filling the form for the first time).

Yes, check the decimal thing. You're only allowed to put 2 decimal places.
222  Economy / Securities / Re: [GLBSE] MORE Pirate Pass Through Bonds! on: May 19, 2012, 12:20:44 AM
Did everyone get their 1.28 BTC per PPT.A bond?  You should have it in your account!

Worked great!
223  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 18, 2012, 02:17:29 AM
Cached dns may be causing all the troubles. They will surely work when the cached entries timeout.
224  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 18, 2012, 01:29:16 AM
Wheres the claims page?
All I'm getting is this ....

Unable to connect
       
Firefox can't establish a connection to the server at bitcoinica.com.
       
The site could be temporarily unavailable or too busy. Try again in a few moments.
If you are unable to load any pages, check your computer's network connection.
If your computer or network is protected by a firewall or proxy, make sure  that Firefox is permitted to access the Web.

 Huh

Posted in the apology threat: https://claims.bitcoinica.com/
225  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 17, 2012, 06:06:23 PM

Explaining the details of your operations might not be a wise thing to do in public.


Might make some sense if one has the time, interest, and skill to run an effective honeypot.  But I cannot see that laying out the welcome mat here and in this way is likely to pull in more than an handful of ankle-biter class victims.




Quote
Actually the app server is in my office, but I do realize not every company can afford a dedicated pipe inbound. We do have a couple of encrypted KVM VMs for "non paying" servers (mail, etc) at some dedicated servers out there.

Or a guy that just breaks into the office. Not much skill required.



Edit: Come to think of it. That would be a novel excuse these days: Hey, someone stole my server, I mean physically stole it !  Smiley

Obviously you have any valuable information on a strongly encrypted vm image with a complex password which is not hosted on the machine. And you have arranged really frequent off site rsyncs, so you have several images ready to be launched anytime you need them. If anybody steals your server, he only gets a lot of useless information.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: New Epic Fail Currency? 'Occcu' on: May 17, 2012, 05:54:19 PM
It seems like the way to win this game is to borrow as many occcus as possible to invest in the most valuable capital available, and then to just repay the loan with your BIG payments.  So, what is the most valuable capital available?  That's the catch, isn't it?  There is no capital is there...  I bet there are some pot growers reading this right now who could completely own the entire occcu economy...  You could borrow occcus to pay hippies to build... something... like... a pyramid?  Eh, I got nothin'.  This is epic fail.  

There's nothing to invest in. And I think there won't ever be. You could possibly own the whole economy with a single satoshi. But it would be too expensive, IMHO.
227  Economy / Economics / Re: Deflation and Bitcoin, the last word on this forum on: May 17, 2012, 05:14:52 PM

I can't believe this thread is still alive. 

Why? What's wrong with it?

IMHO this thread has some of the best posts I've seen in the whole forum. Ok, it has a lot of noise too, but you can easily skip them...
228  Local / Mercado y Economía / Re: Compro BTC por Pesos Argentinos on: May 17, 2012, 04:14:40 PM
Sí, parece que está empezando a moverse bastante la cosa por acá.

Supongo que es lo natural. Hay una ley física que dice que a cada fuerza aplicada en un sentido se le opone una fuerza de igual magnitud en sentido contrario. Por eso, cuanto más aprieten los poderes para restringir libertades, mayor fuerza surgirá en la implementación de la libertad perdida.

Supongo que lo que está pasando con las bitcoins es un claro ejemplo.
229  Other / Politics & Society / Re: Argentina, on the verge of a new currency collapse on: May 17, 2012, 03:56:16 PM
Is there any easy way to send dollars/euros/pounds to Argentina outside of government control?

I don't know outside of control. You can do it on traditional ways (WU and MG) which AFAIK are working fine to receive funds (not to send). But I think they're going to convert the funds to ARS on paying...
230  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 17, 2012, 03:13:06 AM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...

Very true...but more selling means cheaper prices which means WORTH-LESS...which ultimately Equals DEAD...as the value approaches ZERO! BOY!

Freely created anything will end up being worthless......if gold was freely mined it would too become worthless. Get the picture?
It's possible. But there's no way to certainly know it now...

The properties that can make any of those things valuable doesn't have anything to do with how they are created. I could easily send you some value right now with any of those "worthless" thing, but I can't do it with gold...

You also can't physically touch a I0coin...oh right u can make little plastic/metal representations of it but you can't touch it. You can make conductors with gold but you can't with I0coins....so what was your point?

Why would you want to make a conductor with some virtual value transmitter?

Why would you want to touch it?

It's just what it is. A virtual value transmitter. And can be useful or worthless by their own properties, not by comparison with any other thing that can cross anyone's mind.

WHOLE POINT: Usage gives something value.

I0coins have no use. Not many merchants accept I0Coins as payment.......still......what was your point?

The whole discussion (as almost any discussion) has no point. But if you want to have a clue of what can be a possible role of alt chains in the future, you can devote your time to read a more interesting discussion. You can start here, but the whole thread is more than highly recommended.

Perhaps you weren't paying attention to the discussion. The fact that I0coins are created freely via merged mining they have NO unique value. hence they will ultimately be worthless at some point unless someone is willing to buy up all the sell orders and push the "perceived price up" to a higher "value".

Perhaps you can start by reading more on other interesting discussions at http://bitcointalk.org

LOL

 Grin Grin Grin Grin

Ok, now I understood. So they have no value because you can have them for free, without any effort. Exactly as the coconuts doesn't have any value at all because you can pick them up for free when they fall from the palm. I surrender myself under the weight of reason.

Anyway, everything this is just a huge senseless OT.
231  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 17, 2012, 01:03:42 AM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...

Very true...but more selling means cheaper prices which means WORTH-LESS...which ultimately Equals DEAD...as the value approaches ZERO! BOY!

Freely created anything will end up being worthless......if gold was freely mined it would too become worthless. Get the picture?
It's possible. But there's no way to certainly know it now...

The properties that can make any of those things valuable doesn't have anything to do with how they are created. I could easily send you some value right now with any of those "worthless" thing, but I can't do it with gold...

You also can't physically touch a I0coin...oh right u can make little plastic/metal representations of it but you can't touch it. You can make conductors with gold but you can't with I0coins....so what was your point?

Why would you want to make a conductor with some virtual value transmitter?

Why would you want to touch it?

It's just what it is. A virtual value transmitter. And can be useful or worthless by their own properties, not by comparison with any other thing that can cross anyone's mind.

WHOLE POINT: Usage gives something value.

I0coins have no use. Not many merchants accept I0Coins as payment.......still......what was your point?

The whole discussion (as almost any discussion) has no point. But if you want to have a clue of what can be a possible role of alt chains in the future, you can devote your time to read a more interesting discussion. You can start here, but the whole thread is more than highly recommended.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 16, 2012, 11:29:12 PM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...

Very true...but more selling means cheaper prices which means WORTH-LESS...which ultimately Equals DEAD...as the value approaches ZERO! BOY!

Freely created anything will end up being worthless......if gold was freely mined it would too become worthless. Get the picture?
It's possible. But there's no way to certainly know it now...

The properties that can make any of those things valuable doesn't have anything to do with how they are created. I could easily send you some value right now with any of those "worthless" thing, but I can't do it with gold...

You also can't physically touch a I0coin...oh right u can make little plastic/metal representations of it but you can't touch it. You can make conductors with gold but you can't with I0coins....so what was your point?

Why would you want to make a conductor with some virtual value transmitter?

Why would you want to touch it?

It's just what it is. A virtual value transmitter. And can be useful or worthless by their own properties, not by comparison with any other thing that can cross anyone's mind.
233  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: May 16, 2012, 11:12:35 PM
Incentive - Contributors receive proportional discounts

That's all?

We are just "contributors" eligibles for a "proportional discount"?

No shared ownership? No partnership? Not even some participation on future income?

Or to put it simple. No compensation for the risk taken?

Contingency - Bitcoins refunded (minus 0.5% fee) if objective not met

Why charging a fee to refund?

This is bitcoin, you can send them almost for free. Ok, you're building a project and you can charge administrative fees, but if you don't win the auction, the fee seems huge for so little work...
234  Alternate cryptocurrencies / Mining (Altcoins) / Re: [21 GH/s]P2Pmining.com-Hybrid standard and P2Pool-NMC/IXC/I0C/DEV on: May 16, 2012, 10:48:21 PM
Now it's working fine again.  There's some sort of weird communications problem going on.  Now that I have my backup properly configured for my main miner, it'll automatically switch to mine if/when things go sour reaching p2pmining.com.

As of now, about 900m/h of my mining is routing locally because the server isn't responding fast enough.

Anyone else having this issue?

I was having similar issues but now that students are leaving/have left campus, I've gone from 10-20% stales to 3%.... I suspect a congested network really hampers P2Pool.

Yes, a congested network could kill your mining...
235  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 16, 2012, 10:25:48 PM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...

Very true...but more selling means cheaper prices which means WORTH-LESS...which ultimately Equals DEAD...as the value approaches ZERO! BOY!

Freely created anything will end up being worthless......if gold was freely mined it would too become worthless. Get the picture?
It's possible. But there's no way to certainly know it now...

The properties that can make any of those things valuable doesn't have anything to do with how they are created. I could easily send you some value right now with any of those "worthless" thing, but I can't do it with gold...
236  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: May 16, 2012, 10:13:20 PM
I have considered something like this for a long time.

Crowd funding something.

The idea would be to have a type of club where you purchase membership by contributing Bitcoins.

The Bitcoin wallet where all of the Bitcoins sit would require a key from each member in order for it to be spent.

Once the right opportunity comes along and enough BTC is accumulated, then the members of the club all enter their keys and the BTC gets transferred.

The main thing I cannot figure out is if one person wants to sabotage the project they can get their key and hold it over everyone else to either destroy the club or to use it as a bargaining chip to get the money released. The only solutions to this would be situations where not everyone who contributed gets what they want.

Simple solution just make it an n of m multi-sig address.  Set n to be something reasonable which still makes members feel safe like say 80%.

Yes, I thought of that. But the 20% that do not agree would be forced to have their money spent on something they do not want. I suppose it could work if you set up a way to send the money back to those who do not want what the final decision is. Perhaps the 80% threshold gets hit and then the BTC gets transferred toward the purchase and the other 20% goes to those addresses that did not agree on the final decision.

Very easy to do that and do it completely anonymously but it does require a little trust that the refund will be honored.
1) Setup an multi-sig address for the initial contributors (lets say there are 20 of them)
2) Everyone must contribute from an address which can receive payments back (i.e. no ewallets other than ones like StrongCoin).
3) So all 20 initial contributors have paid into the multi-sig address (16 are required to sign a tx).

Now if new contributors come along you simply create a new multi-sig address (i.e. 18 of 22) have the new contributors make their pledge deposit, and have current contributors sign a tx to forward funds to the new address.  

When a potential purchase is found call a vote.  Vote can be verified by having members sign their vote w/ private key of their deposit address.

The options are:
Vote Yes
Vote No (refund if vote passes)
Vote No (contribute anyways if vote passes)

If the vote fails to gain 80% approval then nothing happens.
If the vote does gain 80% approval then create a multi-sig tx paying from all the addresses which agree and refunding all the addresses which don't.  All members can verify the tx and sign it.  Once it has 80% of signatures the tx is valid and funds will be dispersed.

The trust comes with the last step.  Members "could" once they have 80% of signatures forward all funds (even of those who object) and refund nothing.  Since they have 80% of the keys the minority can't prevent that.  I don't believe multi-sig can remove that element of trust.


This would be the perfect way to implement something like this, but I think there won't be time to handle this particular case in this way.

Coming back to the island, the whole idea sounds really grandiloquent (maybe too much?), would be wonderful but may be easily the riskier thing I read on this forum (and this is something to say). It would be really nice to have a more detailed, better thought plan...
237  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 16, 2012, 09:18:45 PM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...

Very true...but more selling means cheaper prices which means WORTH-LESS...which ultimately Equals DEAD...as the value approaches ZERO! BOY!

It's possible. But there's no way to certainly know it now...
238  Alternate cryptocurrencies / Altcoin Discussion / Re: When do the block rewards half for i0coin and Ixcoin? on: May 16, 2012, 08:34:00 PM
Need I remind you they are dead?

what is dead?
they are mined, and traded SOLD....

Fixed for you!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

If they are sold, they are also bought...
239  Economy / Services / Re: Three drawings required, paying 5 BTC each. on: May 16, 2012, 03:13:38 PM


I think this looks awesome (but no one gives a shit what I think Tongue )

Yea, it's cute.
240  Local / Español (Spanish) / Re: Paraguay/Argentina on: May 16, 2012, 02:28:42 PM
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