3964
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Bitcoin / Bitcoin Discussion / Re: Refunding people
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on: June 14, 2011, 11:49:05 AM
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Do you mean hard like a little work? Because it's not fundamentally hard. You ask them for a refund address, get it, give them an address to pay to, if a refund is necessary then you give it to the address that you got from the person who received the corresponding address.
No, of course I didn't mean to imply that it was fundamentally hard, but it's still something to think about beforehand. It would be a nice new feature for bitcoinservice, for example. Yeah, every little gambling site around manages it. To go super simple do like Bitlotto and just tell people they have to use their own addresses. Not professional, but it works.
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3965
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Other / Politics & Society / Re: How libertarianism helps the poor
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on: June 14, 2011, 11:45:46 AM
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As long as the rule you apply to me in the name of helping the poor can be applied back on you it's cool with me.
Oh, you need to choose some amount of my money to take? Fine, now I choose some amount of yours. Almost any rule system will work. Just apply it to everyone in the same way and the bizarre parts will cancel.
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3966
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Bitcoin / Bitcoin Discussion / Re: Refunding people
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on: June 14, 2011, 11:36:01 AM
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Mmm, that's what I feared, it's not as simple as it seems. It means that it's really not easy to refund someone if you don't have a good way of verifying their identity.
For example, if you sell through something like bitcoinservice and want to refund someone, it's very hard to ensure that the person asking for the refund is the person who bought something in the first place.
Their identity? You mean a supplied Bitcoin address? Do you mean hard like a little work? Because it's not fundamentally hard. You ask them for a refund address, get it, give them an address to pay to, if a refund is necessary then you give it to the address that you got from the person who received the corresponding address.
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3967
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Bitcoin / Bitcoin Discussion / Re: I just got hacked - any help is welcome!
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on: June 14, 2011, 11:14:08 AM
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PS: To everyone talking about encrypted wallets: It is possible to generate a receiving address on a computer that has NEVER been connected to the internet and never will be. That address can receive coins (though they will obviously not appear in the GUI on the offline computer). The computer and its (hopefully backed-up) keys can remain offline forever until it must sign a transaction transferring the coins elsewhere. You could then transfer the wallet to an internet-connected workstation, send out whatever transactions are necessary, and then send the remaining coins back to a new address you've created on your "offline-forever" machine. There is absolutely no need for a computer holding a destination address key to be connected to the network ever.
You can see them if you want. You just need to save the chain to some storage media and move it over and probably rescan.
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3968
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Other / Beginners & Help / Re: Play Poker for BTC on Pokerstars
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on: June 14, 2011, 10:54:52 AM
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I have been thinking and IMHO the best way to get this off the ground is to run some freerolls.
I would be greatfull to some respected member to create an account to which we can donate towards a freeroll. I will donate all my commission from tradehill (after the paybacks I give) to this cause.
IF you believe this is a good cause then : 1) join the home game 2) if you a respected member post yourself here to do the admin of first freeroll 3) you can join tradehill with my code (TH-R1817) and I will payback to you a min of 0.1 BTC and a max of 50% of the commission earned and the rest will be donated to this project.
How about a freeroll where we have everyone put some money in?
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3969
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Economy / Economics / Re: Bitcoin as a Lesson in Economics
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on: June 14, 2011, 10:49:43 AM
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Speaking of day-trading, if you look at the 20 hour SMA envelope and the volume bars, it looks like the majority of people (or large holdings) tend to BUY when it moves ABOVE the envelope, and SELL when it moves BELOW the envelope. Am I crazy in thinking that the smart thing would be to do the opposite? You know, that maybe people should be buying low and selling high? Is there some general theory that on the contrary suggests that once a chart drops 10% lower than it's SMA, that it's about to drop even more so you beter sell, or is it simply fear in people causing this behavior? Same goes on the other end of things. If you see it make a huge bounce, isn't it already too late to be buying?
You are crazy. The same number of coins are bought below the average as are sold below the average. Think about it.
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3970
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Bitcoin / Bitcoin Discussion / Re: Refunding people
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on: June 14, 2011, 10:43:58 AM
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Look up the transaction on block explorer and see if there is a single input. If so, do what NothinG suggest. If there are several inputs, it's more complicated. If there are several inputs and several outputs, then it's really more complicated. In this case I think you can't know the exact origin of the coins received.
If you know the coins are coming from someone's personally owned address then any input will be fine, they own them all. If you don't know that then it doesn't matter what you see you just can't do it without risk of them going to the wrong person.
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3971
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Bitcoin / Bitcoin Discussion / Re: Refunding people
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on: June 14, 2011, 10:42:01 AM
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Check the address who sent your the payment and send the same amount to that address, possibly?
That is not secure unless you clear with them because they could be using an online wallet and may not control that address.
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3975
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Economy / Trading Discussion / Re: POLL: make dak liqidity (dark pool) separate from public orders at Mt.Gox
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on: June 14, 2011, 06:57:54 AM
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Were the other threads about this not good enough?
People place large orders visibly and are accused of rigging the market, people place them invisibly and are accused of rigging the market. The market is what people are willing to pay, that's it. Letting people control what information they reveal is perfectly reasonable. Anyone anywhere any time can make trades without you even knowing about them. There is no good reason for MtGox to give up customers who want that. And even if he stops it, it doesn't help you. They just do it elsewhere or set up an automated service to add to their bid as needed.
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3976
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Bitcoin / Bitcoin Discussion / Re: What would a Bitcoin world look like?
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on: June 14, 2011, 05:29:16 AM
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Psssh unfair. Not everyone with <100 posts says crazy things. Also, Flug: what they aren't telling you is that there are hundreds of posts like this already. Maybe give one of them a shot?
I guess it wasn't clear. I was not being sarcastic. I agree with flug and applaud and appreciate the posts.
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