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1641  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS basically DESTROYED on: May 08, 2016, 11:48:11 AM
The Chinese government won't allow a 51% attack, right?

Most of these Chinese mining firms are pools, so like most pools that are extremely big, if they get too big, miners will hop to a different one.
1642  Bitcoin / Development & Technical Discussion / Re: Anonymous Bitcoin Wallet on: May 08, 2016, 05:30:56 AM
A great DN wallet is BitCloak. Search it up on this forum.

Just use the above or bitmixer to preserve your privacy, and if you're really about privacy, use tor.
1643  Bitcoin / Development & Technical Discussion / Re: Can two signatures be identical? on: May 08, 2016, 05:03:29 AM
Correct me if I'm wrong.

K is the RNG variable.

Based on your privkey and K, you come up with a signature. Using the same variables, there are only so many combinations you can come up with. Meaning that an RNG can stumble upon previous combinations.

Simplified:

Imagine your name. That is your private key. The place number of each letter of your name (a=1, b=2, etc) is added and multiplied to a number rolled on a die. There are only 6 outcomes. Signatures are the same, but with alot more than 6 outcomes.
1644  Bitcoin / Development & Technical Discussion / Re: Fee dependent block size limit on: May 08, 2016, 04:56:36 AM
Maybe instead of a blocksize limit, there's a total fee limit? So maybe 5 BTC of fees max per block?

But maybe we should simply have a variable blocksize, based on how many MBS of transactions are pending in the mempool (above 1 sat per byte)
1645  Bitcoin / Bitcoin Discussion / Re: Follow the Bitcoins taken from me by Homeland Security on: May 08, 2016, 02:30:16 AM
Amusing "public notes". Was that the basis of what homeland charged you on? Dirty money, child porn and drug trading? If so, I'll laugh.
1646  Bitcoin / Bitcoin Discussion / Re: IF the NSA wanted to take control over Bitcoin, how would they do it? on: May 08, 2016, 02:26:38 AM
Wow, sorry for your loss bro Sad
Thanks.  I am still mad about it as you can imagine.

They actually did that to you? It's pretty harsh.

If they let you go, why did they charge you? Ive never heard of anything of the sort. Did you do anything or trade with anyone sketchy?
1647  Bitcoin / Bitcoin Discussion / Re: What wallets do you use and why? on: May 07, 2016, 08:12:25 AM
I use a ledger wallet. Air gapping is the cybersecurity technique of the future.

I can connect it to my mycelium wallet using an otg cable, and can open it through the chrome application. That's all I need.
1648  Bitcoin / Bitcoin Discussion / Re: Gift ideas? on: May 07, 2016, 08:02:10 AM
If she is a bitcoin user, buy her a ledger wallet or a trezor wallet. It will be something she won't go without.

But if she isn't, buy her something with bitcoin or a sculpture or a cute painting or something
1649  Economy / Gambling discussion / Gambling site idea on: May 07, 2016, 05:30:24 AM
Would this gambling system work?

Since that mining bitcoin is pretty much random, but the rule of thumb is that the more hashpower you have, the higher chance you have of mining the next block.

What if there was a service that you could bet on who mined the next block, with say a 2% house edge? Would you gamble there?

E.g. Pool x has 50% of the total hashpower. If you bet on pool x and they mine the next block, you get 98% profit.


Or this


You bet on who is going to mine the next block, based on the top 10 entities with the most hashpower. If you win, you get your share of the pot that everyone contributed to.

E.g.

- x is your bet in BTC
- y is the combined bet of everyone who bet on your same entity
- z is 95% of the total amount wagered for that block

So the formula is:
z(x÷y)

The house earns 5% of the total pot every block.
1650  Economy / Service Discussion / Re: Has anyone tried all4btc.com? on: May 07, 2016, 05:04:20 AM
I'm interesting in their service because i would to buy some item on e-bay and pay it with BTC. Anyone has bought items from ebay and payed using ALL4BTC?

I purchased some keyboard keycaps through them, without hassle. It would definitely be better if they charged variable fees, like 10-20%, not a flat fee of $7. I paid double for my keycaps.
1651  Economy / Exchanges / Re: Yobit on the process to become the next cryptsy? on: May 07, 2016, 05:00:34 AM
Never keep your bitcoin in an exchange. Put in, trade, withdraw, repeat.

The only problem I've seen with YoBit is their signature campaign withdrawal freezing, but the button always goes grey randomly. They have random withdrawal downtimes.
1652  Other / Off-topic / Re: Who controls the Bitcoins? on: May 07, 2016, 04:43:59 AM
Bitcoin is a simplified idea.

The blockchain is bitcoin. The blockchain is held up by nodes and built up by miners. The blockchain is the Ledger, which records a number for every address. That number is added to and subtracted from every time you make and recieve a transaction.

"Bitcoin" is that number.

TL;DR: The community controls bitcoin.
1653  Bitcoin / Bitcoin Discussion / Re: Craig Wright relents aka Satoshi (air quotes) in Public Apology! on: May 07, 2016, 04:35:21 AM
"Can't handle the pressure"?

Haha.

More like, "Thanks for letting me bathe in popularity, but I simply am a hoax. I can't sign my address. Got ya, suckers!"
1654  Other / Meta / Re: Intentionally misspelling domain siliconangle.com on: May 07, 2016, 01:32:42 AM
Nice catch. Have you reported the post to the mods? I'm taking a look at the bitcoin discussion board right now. Let's see what I find.
1655  Other / Meta / Re: Account Farmers are the new Ponzis on: May 06, 2016, 12:31:10 PM
Watch your sodium intake, Kyle.

I do understand the concern you have with account farming, and how the community is pretty lopsided.
But this community is based on bitcoin, and so should this forum. Admins shouldn't exist. Only p2p.

Small things like signature campaigns kicking out spammers/reducing slot amounts are already helping.

TL;DR: Account farmers are cancerous, but the community should be able to work this out and come to a consensus.
1656  Other / Meta / Re: I think the Investor-Based Games category should be deleted on: May 06, 2016, 12:27:06 PM
It's a shitfest, that board. I think it was a mistake adding it, or more probably that the rules need to be clearer/fixed. No ponzis, only actual investments. Not games per se, but things like:

- Investing in companies that have to be verified or are recognized IRL
- Investing in people/gamblers (?)
- Investing proxies
1657  Bitcoin / Bitcoin Discussion / Re: 7/11 - The Day Bitcoin Prices Will Rocket, or Start of a Crash on: May 06, 2016, 12:22:10 PM
I think prices will dip, then shoot up 60-80%.

The EU is probably going to withdraw 500 Euro notes. Will this mean that the Euro will increase in value? I think not. Smiley
I think numismatic value of Uncirculated (UNC) €500 notes will increase up to 2x  Wink , but after deadline which is at end of 2018.

Banks will give people a grace period to cash in their notes, after which it won't be possible, and will turn to either a collector's item or worthless paper.
1658  Bitcoin / Bitcoin Discussion / Re: Craig Wright is not Satoshi, because I have found Satoshi (proof) on: May 06, 2016, 12:16:25 PM
Deep.

Touching story, but in all honesty, as was previously said, "I don't know who SN is, nor do I care."

Satoshi is the creator, we are his legacy.
1659  Economy / Gambling discussion / Re: E-Sport Prediction , share your prediction here on: May 06, 2016, 09:18:34 AM
Sweden v Norway

 - Fairly even, low-medium on Sweden

TStorm vs NRG.
 - Risky match. Don't let odds sway you. These teams are inconsistent, so skip or low on TStorm. Tbh not worth the effort.

Tyloo vs Renegades.
 - Renegades stand a great chance. Medium on RGades.

LG vs Splyce
 - Splyce are not as refined as LG. High on LG.
1660  Economy / Speculation / Re: Btc Up at 475 on: May 02, 2016, 01:24:35 AM
Yes i also hope like that, but within the halving issue i think most of the people will hold their bitcoin, that will cause bitcoin price to go down, but after halving i hope the price will be rise after the halving

People holding their coins doesn't necessarily mean that the price will go down. There might be less supply on the market of coins, weakening the currently think sell walls and potentially driving the price up.
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