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1  Bitcoin / Development & Technical Discussion / The Feline as Cold Storage - An Idea Thread on: April 12, 2013, 01:57:35 AM
My kitty has a microchip in him, of which variety I do not know.

Help me brainstorm using my cat as a cold storage bitcoin wallet solution.

2  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: April 05, 2013, 09:20:09 PM
Serious question: IF someone were to ever step up to claim they are Satoshi Nakamoto, is there anything built into bitcoin that would work as undeniable proof? i.e. is there a known public key that would allow verification of a signed message?
3  Economy / Service Discussion / Re: WTF!!! hacked? on: April 05, 2013, 09:15:13 PM
4  Bitcoin / Bitcoin Discussion / Re: Now CNN is giving Bitcoin Financial Advice on: April 05, 2013, 08:15:15 PM
Wonder if he's ever seen this?

5  Bitcoin / Bitcoin Discussion / Re: Truecrypt donations on: April 05, 2013, 08:09:25 PM
I'd certainly donate. That software is a lifesaver, but I'm a little too paranoid to have "Truecrypt" written in stone on my credit card statement.
6  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Relationship Thread: G/F, Wife, Significant Other...etc... Tales... on: April 05, 2013, 08:06:02 PM
I'm the local hero at work. Since we reached $100 and the news flooded the media, several coworkers came and told me "Hey, that bitcoin stuff is doing fine no?" "You going to retire?" "How many do you have?" "Man, I would sell everything right now" "The bubble is about to pop" "I'm not joining the ponzi".

I've been pestering them since $20 so the range of different reactions is pretty understandable Smiley. However they refuse to buy! I guess they just think they missed the boat.

Similar story here. I kept fairly quiet about it, but somehow I keep getting stopped in the halls and asked things like "hey, you're really into Bitcoin aren't you?". A few have asked if they should get into mining with GPUs, which always ends up being a half-hour discussion about difficulty increases, ROI, hashrates of various hardware configurations, etc. I don't proselytize ASICs, usually, as I really don't want to be responsible for the potential buyer's remorse of buying a BFL ASIC.  Grin

As for the girlfriend, she got a bit fussy in 2011 when NewEgg's packages arrived and I spent a solid 72 hours pumped full of adderall building out my 6950 rigs. That ended around the same time we had a fully bitcoin-funded weekend getaway. I gave her 5BTC back in February with the option to cash them out or keep them as an investment. She kept 'em, and I pretty much have a free pass to do whatever bitcoin-related activities I want now.

She even has Zhou Tonged's "Holding" ( just about memorized now, huehuehue.
7  Bitcoin / Mining / Re: how can BFL still be advertising on the forum on: April 05, 2013, 05:06:08 PM
Ignore the trolls. I've had my Little Single (ASIC) for nearly a week now, and it's working fine.
Even if the rest of the devices haven't shipped yet, it's obvious there is a product and only a fool would claim they aren't going to deliver.

Luke;   I think you should be FAIR because the people asking are obviously not familiar with the whole history.   You do not HAVE your device do you?   Has that changed?  You are implying that you have one and it is operating on your desk.   I think it would be more fair to clearly state:
"I have been remotely operating a device that is set up in the BFL offices to test my software on, it has been hashing for a week".

I do not think this is nit picking.

Yeah, Luke, you need to be very clear here buddy. I wasn't picking teams before, but your posts are well within the definition of "intentionally misleading" if you don't have an actual, physical BFL ASIC sitting in your possession.

8  Bitcoin / Mining / Re: how can BFL still be advertising on the forum on: April 04, 2013, 10:50:35 PM
this is why the bitcoin community sort of sucks its full of scammers with no checks on their manipulations of people... nobody is held responsible.  if people actually knew those BFL guys like luke they'd probably hassle em for real answers, and they may even get a solid ass whooping if they refused to pose any evidence.

that is the dark side of complete anonymity... 

People know the BFL guys.  Their address is public, and Josh said that anyone is welcome to visit them, just so long as they set up an appointment beforehand.  BFL is far from an anonymous company.  They have given real answers as to the delays.  I don't know what else a person could expect from them, other than more reasonable estimates of time in the future.

That is good to know. It's only 15 hours from here, I will seriously drive over there and document the trip with photos on this forum this month.
Sweet!  It wouldn't hurt to get some more pictures and another user account of visiting.  So far, Kano & Luke Jr have been the only ones to visit (that I know of).

Hell, I live 15 minutes from their office. Will do daily checkups for hire Cheesy
9  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 27, 2013, 04:38:57 PM

floor 1

Step 3.

I never gave my name, I just gave my BTC

Yeah, this doesn't apply if you're using a dead drop or a very good mail forwarder.

P.S. What the heck does "floor 1" mean?
10  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 25, 2013, 04:32:59 PM
Man I'm such a sucker for conspiracy theories!!   Hey, hey, hey... anyone else notice there's been a disturbing lack of BFL adverts on bitcointalk and bitcoincharts?  Strange eh?  Wink

Turn off ad-block! Cheesy

But really, as far as BFL is concerned I don't see anything updated since 3/15. What gives!? Surely my conspiracy theory cannot be true Wink
11  Other / CPU/GPU Bitcoin mining hardware / Re: Why not we all request refunds on a mass level? Power in the people! on: March 25, 2013, 03:24:36 PM
If you should blame anyone, look here

Blame anyone on what? You still haven't explained anything you are saying. I know, I'm a fool for even responding to this, it is hard to control.

This is a bitcoin forum and you are hiding being a newly created account because you are a coward to post under your real username. Then you post and talk about me. I didn't think I was that popular. If you want to promote me for free and waste your time and energy talking about personal people on a bitcoin forum then keep on going. I'll be happy to entertain and I'm %100 positive all people will become so bored they'll never read anything you ever post again. Trust me, my life is quite boring bro but if you want to me escalate me up on pedestal and popularize me I'm all for it! Trust me on this one, if I don't respond to your posts no one will except the young kids that thrive on social media drama on a bitcoin forum. If my life is interesting to you then dude you must really have a VERY boring life. Sorry about that.

Hahaha, this is classic. I didn't think anyone would actually fall for the old "73322363" trick.

12  Other / Off-topic / Re: Spare a coin for Butterfly Labs (BFL) on: March 25, 2013, 01:57:38 PM
This is just an observation, and the thing about microexpression reading is that it is prone to error in both interpretation and recognition if not performed by a train professional

What do trains have to do with that?


Chooo Chooooo, here comes the bullshit conductor!
13  Other / Off-topic / Re: Spare a coin for Butterfly Labs (BFL) on: March 25, 2013, 05:26:55 AM
I encourage anyone who has sent thousands of USD/BTC to this man to take a look at Dr. Paul Eckman's work in microexpressions and deception. I was his protégé for several years in a West Coast research facility (this was before the whole Lie to Me series that he inspired), so I have a fair bit of knowledge in this arena.

Let me put it this way: if I was still teaching, I would use this video as a textbook example of extreme masked contempt and happiness. The contempt is obvious, of course, but an interesting point about these emotions - when shown together and masked - is that they are highly correlated with deep-seated deception and feelings of "smugness".

This is just an observation, and the thing about microexpression reading is that it is prone to error in both interpretation and recognition if not performed by a train professional (and the interpretation is always prone to error). I just think it's worthy to note.

Now go read this thread for some more fun insights (not specific to BFL, just in general):

14  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 25, 2013, 05:15:45 AM
THANK YOU to Gator-hex for posting this - I was looking for this case. This is precisely what I am getting at with this post - it may sound ludicrous to us who are pro-Bitcoin that it would be a "unique form of domestic terrorism", but the facts are right there in case and statutory Federal law. Even if they weren't, this is a two-part Doom Scenario and the legal portion is only 50% of the risk equation.

I am not claiming that everyone who buys a BFL/Avalon/whichever ASIC is going to be indicted by any means. You are, however, exposing yourself to two very enticing scenarios for two powerful agencies: 1.) devaluation of the hardware you've purchased by a profiteering company pumping and dumping bitcoin, and 2.) collaboration with a government entity seeking to hand down a few (or hundreds) of indictments based on established Federal case law/statutory law. When you buy an ASIC and use your real information, you have irrevocablylinked your name and shipping address as a motivated, financially-capable, and key player in the Bitcoin movement. This is the language of the Department of Justice, not myself.

When you make this association between yourself and Bitcoin, you must realize that the change in legal angle from the von Nothaus case to someone purposefully and willing purchasing hardware with the explicit purpose of "minting" coins is but a few degrees of difference. In addition, you must realize the massive economic incentive for these companies to leverage your investment to fuck you over, and in doing so they would have zero criminal or civil repercussions for their actions. If you listen to, understand, and accept these risks then I have done my job and I am glad that I was able to better inform your decision.

An important piece of evidence was brought to my attention via PM: It takes but a brief search on this very forum to reveal the complete and utter disdain that one of these companies' chief spokesperson holds for the community at large. This is drawing much less suspicion than it rightfully should. This is huge. This is not the way a new company acts toward it's customers.

I started this thread in a lighthearted way, but the PMs I have received have brought a very sour realization of the evidence that actually exists for some variation of the scenario described being in action at this moment.
15  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 24, 2013, 02:09:10 AM
Bitcoin in this sense is NOT a threat to US govt interests, it's more of a blessing. A reason for more economic activity (more hardware sold, exchange fees paid etc.) and therefore more taxes paid.

You could theoretically get away with paying no sales tax with using Bitcoin. You most definitely can get away with not filing mining earnings as federal and state tax.
In that case you would be breaking the law,  so it's another issue altogether and the government would go after the tax revenue,  nut bitcoin itself.  Same thing with any tax evasion case.

The government involvement was mainly icing on the cake - the most profitable route still exists with nearly the same negative effects: pump and dump the value, deliver the hardware as promised, and walk away with no civil/criminal liability.

That being said, I would say Bitcoin is one of the best tax evasion strategies ever created if/when the volatility is negated.

The dataset may not be useful precisely for the purpose of prosecuting right now (although I am positive that purchasing ANY sort of mining hardware is an indictable offense - the intent is what matters and that's an open-and-shut case given the specific purpose of an ASIC [unless you want to try arguing to a jury that you bought a SHA256 hasher for something else - be my guest]). However, that dataset is unarguably a master list of the points I mentioned in my first post: intelligent folks with financial resources and proven intent to participate in aforementioned activities.

But again, divorcing the government angle from this argument, you still have tons of incentive + opportunity for a ASIC hardware company to run a pretty big ruin on individuals and the network alike.
16  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 23, 2013, 08:51:30 PM
You would need sooooo much money to do this, but it isnt exactly impossible. Since the FinCEN regulation has passed, I am doubtful any 3,4 letter agency will be interested.

Actually you would need only a small percentage of the ~700m USD market capitalization to severely effect the exchange rate. But the real threat is a 51% attack, destabilization of the exchange rate, and - most importantly - the extremely valuable dataset of every pre-orderer's name and address.
17  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 23, 2013, 04:15:44 PM
those who are outside the US don't give a monkeys about all the 3-5 lettered US gestapo agencies... Cheesy Cheesy Cheesy

You don't have to care about them, but if the CIA/FBI/whatever sees that bitcoin can be a thread to the mighty US dollar, you bet your ass they will do anything they can to stop it. Look at the US sticking their nose anywhere and everywhere the past 100 years. And with the amount of money they have, they can definitely perform a 51% attack by building a shitload of ASICs.

You know, now that I think about it, it would be trivial for the government to indict an ASIC company right before they start shipping. Through the discovery and asset seizure processes, they'd be able to snatch all the ASICs and pre-order lists and do what they please. This would be a bit more nefarious from the government's angle, but I assess it as a higher possibility than collaboration between an ASIC co. and the government from Day 1.

On the other hand, collaboration from Day 1 would be a higher likelihood if the government already had an upper hand/bargaining position on an owner of the company (e.g. the person is a felon, on probation or parole, former military, or something along those lines).

18  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 23, 2013, 03:13:41 PM
a very large portion of the United States population that could be considered a legitimate threat to national economic activities.

Mining or speculating in bitcoins is not a "threat to national economic activities" by any stretch of imagination. Contrary to the fantasies of some delusional conspiracy theorists, the government is not threatened by the existence of alternative currencies nor does it give a damn about it, nor it ever will. 

Such language is standard-issue spin terminology for getting those less-informed/less able to be informed/less capable of being informed to join the pitchfork party.

It's a thought experiment, not a reflection of my actual thinking.

That being said, the issue of whether Bitcoin is or is not a "threat to national economic activities" has less to do with reality and more to do with how governments decide to label it. I'm no conspiracy nut, but when motive and opportunity meet with no legal recourse, it is in your best interest to examine where that path leads.

Please cancel your pre-orders and STFU

Thankyou :-)

One such popular ASIC hardware company has this to say about canceling pre-orders: "Payments made for pre-orders of ASIC based products now under development should be considered non-refundable until products begin shipping or 1 January 2013, whichever is earlier."
19  Bitcoin / Hardware / Re: An ASIC Company's Guide to Maximizing Profit while Destroying Bitcoin on: March 22, 2013, 04:07:50 PM
Sorry to self-bump, but I realized this might be better-suited for Economics or Mining Hardware discussion.

Mods, please move at your discretion.
20  Bitcoin / Bitcoin Discussion / Re: Is energy/computer hardware the "gold standard" for Bitcoin? Critique my analogy on: March 22, 2013, 04:05:29 PM

Hack away! I want to have as close to an unindictable spiel as possible when talking to people who really know their stuff regarding currency/forex/economics.

i.e. you don't need to argue from first principles to win people over.... start from a shared common point of understanding.

Awesome, exactly the sort of insight I was looking for. The technical angle is what appeals to me, but likely won't resonate with the type of person that is asking for information.
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