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3481  Bitcoin / Legal / Re: Can MtGox legally deny me access to my account if I forgot/lost my OTP? on: October 02, 2012, 03:03:38 PM
A good piece of advice for anyone who uses mtgox is to setup multiple OTP/Yubi keys. Mtgox now offers this, use it.

I personally have a yubi key as a backup and google authenticator setup for my mtgox account.

This may be a solution. Have you tired asking MtGox for a yubi key to be added to the account thereby effectively avoiding the whole Apple/Google mess?
3482  Bitcoin / Legal / Re: Can MtGox legally deny me access to my account if I forgot/lost my OTP? on: October 01, 2012, 10:54:15 PM
So it basically only restores the app and not data associated with the app. What kind of backup is that? I do not use Apple products and have a very low regard for Apple but backing up the app (who cares i can reinstall that) and not the data (that would actually be useful) sounds like a major fail on the part of Apple.



Apple normally does an EXCELLENT job of restoring your data.

Case in point: open the calculator on a Mac, type in a number, shut down the Mac, and then migrate your user profile to the new Mac.  The same number will be showing on the calculator when you boot it up.

Generally, whenever you do an Apple restore, all the passwords, certificates, any authentication tokens will be missing.  Apple DELIBERATELY avoids putting passwords in backups, as well as anything saved with the same storage class as passwords.  Google Authenticator records very likely fall into this class - the actual storage classification would be under the control of the Google app.  This is a GOOD security practice.

So if we were to apply the Apple security policy to bitcoin one backs up all the files in .bitcoin EXCEPT for wallet.dat!

No. A good security practice is to
1) Tell the user what on earth is going on and TRUST the user.
2) Provide the user with the option to ENCRYPT and back up sensitive data such as passwords and authentication tokens, with a password known only to the user and with software and encryption algorithms that are Free Software / Open Source so that they can be independently verified.
3) Not go out of your way to frustrate a user by requiring propriety software running on a propriety OS (iTunes) on either Microsoft Windows or Mac OS X in order back up files from your mobile device onto a computer. On Android I can easily back up files and ENCRYPT on a computer running the OS of my choice by simply connecting my device over a USB port with no need for special propriety software.

The minute one creates a closed ecosystem where Apple knows best and the user is not to be trusted, as is the case with IOS, then it becomes perfectly appropriate to blame Apple when something goes wrong.
3483  Bitcoin / Legal / Re: Can MtGox legally deny me access to my account if I forgot/lost my OTP? on: October 01, 2012, 07:18:01 PM
I do no know about MtGox but there are some questions I would ask a lawyer about Apple here if I wished to pursue legal action. I suspect your are not the first person who was locked out of funds or suffered damages because of Apple deleting competitive apps.

1) Were you warned at the Apple store that you would loose your data with the phone change?
2) Did they transfer your data but failed to transfer the data regarding the Google app? Keep in mind that Google is a competitor of Apple here so that may be used against Apple. Was there negligence on the part of Apple here?
3) The Apple EULA may not offer Apple full protection here if there are consumer protection laws that conflict with it.


...

I restored from my iCloud backup but that only brought over the Google Auth app not that actual keys that were previously in the app.

...


So it basically only restores the app and not data associated with the app. What kind of backup is that? I do not use Apple products and have a very low regard for Apple but backing up the app (who cares i can reinstall that) and not the data (that would actually be useful) sounds like a major fail on the part of Apple.

3484  Bitcoin / Legal / Re: Can MtGox legally deny me access to my account if I forgot/lost my OTP? on: October 01, 2012, 06:53:23 PM
I do no know about MtGox but there are some questions I would ask a lawyer about Apple here if I wished to pursue legal action. I suspect your are not the first person who was locked out of funds or suffered damages because of Apple deleting competitive apps.

1) Were you warned at the Apple store that you would loose your data with the phone change?
2) Did they transfer your data but failed to transfer the data regarding the Google app? Keep in mind that Google is a competitor of Apple here so that may be used against Apple. Was there negligence on the part of Apple here?
3) The Apple EULA may not offer Apple full protection here if there are consumer protection laws that conflict with it.
3485  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation on: October 01, 2012, 06:03:00 PM
.....Because the Linux Foundation that this is modeled after is such an extreme example of corruption Roll Eyes


Ah yes, let's compare an operating system to a money system, I'm sure controlling either must be on the same level of desirability by the power hungry.  Roll Eyes

Actually the control of the operating system can be used to control Bitcoin and also fiat at the same time and Microsoft's control over Windows poses a very serious threat to Bitcoin far greater than any of the concerns over the Bitcoin Foundation. In this day and age I would take control over the Operating System over control over money any day, because by controlling the operating system I also get control over money.
3486  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation on: October 01, 2012, 04:58:48 PM
We know there is no danger right know. But you don't seem be able to comprehend the future danger. Please, open your eyes, learn from history and comprehend the very serious future danger.
People should not dismiss this point of view out of hand, especially those involved in TBF.  How is it that you defeat or neutralize a decentralized organization?  You centralize it.  This is exactly how the Sioux Indians in North America were ultimately defeated.  They formed an "entirely voluntary" centralized organization.  Their people began to defer more and more of the decision making to this central organization.  This organization naively tried to work with the government on the belief that they could reach tolerable agreements.  Later in life, Chief Red Cloud said: "They made us many promises, more than I can remember. But they kept but one--They promised to take our land...and they took it."

I don't doubt the good intentions of the people involved in TBF, but as they say, the road to hell is paved with good intentions.  

This is a valid point; however if I was looking for a centralized point of attack to take down Bitcoin, I would not use the Bitcoin Foundation at all, I would use Microsoft. The latter by virtue of its control over Windows effectively controls a vast proportion of the Bitcoin nodes and a significant proportion of the mining hashpower. Microsoft also has very close relationships with the state; having provided access to the source code for Windows to many state security agencies. In short let us focus on the real threats here.

So:

1) I fully support the Bitcoin Foundation. The benefits this will bring to Bitcoin far outweigh any negatives of the small centralization it also brings.
2) I use GNU/Linux as my primary OS and for my Bitcoin wallets and mining exclusively. The reasons for my choice of GNU/Linux over Microsoft Windows for Bitcoin use have been very eloquently expressed by the many posters in this thread expressing concerns regarding centralization and state control.

To many who have expressed concerns regarding the Bitcoin Foundation, yes you have made many valid points, but please take a good hard look at the operating systems you use on your computers and other devices, because there is where the real threat lies.
3487  Economy / Service Discussion / Re: The pirate and the SEC - Alleged e-mails. on: October 01, 2012, 04:25:00 PM
A little gasoline for this fire?

Anybody remember when the wheels were coming off this pirate thing how he was demanding all investor's details through his secret group of Pass Through Pimps on OTC? Remember seeing those logs where he demand individual contact and account details?

Anybody want to take a guess why those might have been important now? Think maybe somebody was already selling his ass to the SEC? Think maybe pirate has a relationship with the SEC and/or the DEA since he has ties with SR?

The amount of information pirateat40 was requesting was just enough for him to pay the investors directly and fell far short of what the IRS routinely requires a payer in the United States to collect. My conclusions were that pirateat40's motivation here although sinister had little to do with any US government agency.

By the way the SEC not withstanding I do not believe we have heard the last of pirateat40 and his attempted manipulations of the Bitcoin market.
3488  Other / Politics & Society / Re: Top Internet Innovations on: September 29, 2012, 04:58:26 PM
Copyleft licensing of copyrights
Free Libre Open Source Software
Creative Commons licensing

the app store Cheesy

By the way app stores are sending the Internet back to the dark ages with extreme censorship when they become the only "official" means of obtaining software and other content on a platform. Apple's app store is among the worst in this respect.
3489  Bitcoin / Bitcoin Discussion / Re: Romney's tax returns - first Bitcoin extortion? on: September 28, 2012, 02:27:24 AM
There is still not much evidence. Therefore Dr Evil is presumed guilty until proven innocent. Grin

Until Dr.evil provide any evidence that he has the file, he is presumed has nothing but bluffing.

FTFY.

it's absurd for anyone to presume a random stranger's words is true without any evidence.

well, it's already the deadline. we'll see what happened.

Not yet. The politician being ransomed here is from the United States and not from Kiribati and Dr. Evil has not been clear on which time zone applies.
3490  Economy / Speculation / Re: The Weekend Dip Myth on: September 28, 2012, 01:51:17 AM
Just an update .. another weekend dip decision, but there is probably NO green light.  

I say probably because it comes down the the exact timing.  Last Thursday the high was $12.66, which is below last Wednesday's $12.68666.

Technically, there could be a green light.  As of now the high for the last 7-day period was lower than the high for the 7-day period prior to that.  But the difference is less than two pennies.

And right now the exchange rate is in an uptrend by a few percent, from just under $12.  So I can't say there is an apparent week-to-week downtrend, which is when the "weekend dip" green light would show on.  So this weekend isn't one that I'll be selling into, hoping to buy back at a lower rate.

Also, tomorrow is the last Friday of the month, which possibly will start becoming important.  MPEx appears to have sold over a hundred thousand option contracts, and they expire tomorrow.  When the month closes at or near its high (e.g., when the month ends in rally mode), those who sold PUTs generally lost money.  So they may be motivated to buy more BTCs to be able to open new PUT (short) positions.  The option contract holders that might have made money are those holding CALL options.  That is a long position, and those holding them then are generally going to be bulls (i.e.  unlikely to be dumping their BTC profits earned and trading them for USDs.)

MPEx option volume was much higher than last month's volume and last month was by far a record in terms of option volume as well.   That means this is a monthly event that is new and speculators might not already be considering its impact.

How can selling or writing a put option loose money in a rising market? Do you mean those who bought a put option in a rising market lost money?
3491  Bitcoin / Legal / Re: Got off the phone with the Guy from the S.E.C on: September 24, 2012, 08:46:30 PM
GLBSE is based in the UK and is subject to regulation by the  Financial Services Authority (FSA), we are in the process of becoming a registered company that meets all conditions to carry on business.

We have not been contacted by the SEC and are not subject to SEC regulation.

Nefario.

I'm not so sure that is true Sad

Why would it not be?
American regulatory agencies aren't exactly famous for respecting their jurisdiction when it comes to shutting down .com sites...

Is there a case where the registrar was based outside the United States and the .com was shut down by the US Government? The best example to the contrary is thepiratebay.org where the PIR registry is based in the United States but the registrar is not. GLBSE.com is not registered by a US based registrar.
3492  Bitcoin / Legal / Re: Got off the phone with the Guy from the S.E.C on: September 24, 2012, 08:28:47 PM
However, if Pirate is going to jail that is very bad news indeed Sad

It's really bad news for people who received any kind of payout from pirate during the whole operation. Google clawback. Welcome to the underside of the bus.

Two problems with this... I would love to see how they can clawback BTC (And what is the value of that BTC?)... but more importantly, I would love them to formally acknowledge that BTC is a legitimate currency.

That's the problem with any legal action by any state government.  The minute they enforce any monetary rules on Bitcoin, they legitimize it and that opens up so many doors and cans of worms that they will avoid that at all possible costs.  Right now, it's imaginary nerd money, no different than WoW gold or the like, and that's just fine as far as they are concerned.  If the SEC weighs in and imposes sanctions, well then, it becomes something much more than imaginary nerd money.


IANAL

It becomes money what is what bitcoin has been since it was first created. In fact all governments will avoid the vast majority of  regulatory problems and cans of worms by simply treating bitcoin the same way they treat foreign currency. The SEC is simply following the lead of the Brazilian regulators and treating bitcoin like what it really is and regulating securities in the United States based on BTC that same way they would regulate securities in the United States based on CAD or EUR or any other non USD currency, as is their mandate under existing law. As for what a BTC transaction was worth in terms of USD in the past this is trivial to establish since one has both a blockchain time stamp and easily established published historical BTC / USD exchange rates.

By the way stealing bitcoins is subject to that same laws for theft that apply any valuable item. For example if one steals bitcoins in a jurisdiction where the punishment for theft is the amputation of one right hand, then the fact that the law in question proceeded the invention of bitcoin by over 1300 years does not negate the applicability of this law, in that particular jurisdiction, to the theft of bitcoins.
3493  Economy / Speculation / Re: [POLL] Block reward halving will happen before Thanksgiving 2012 on: September 20, 2012, 04:20:39 PM
I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!
In US, it's November 22nd.

I live in Canada so I voted no.
3494  Economy / Speculation / Re: A Theory on what pirateat40 is doing on: September 19, 2012, 04:31:45 PM
Quote
... The other reasons can not be disclosed.


These propriety "other reasons" are the really interesting part.
3495  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: September 18, 2012, 08:31:21 PM
If recent history is any indication the following question does remain: Will a certain pirate gather enough strength to come ashore and violently wake up the hibernating bears?

lol maybe!

but nothing can stop the never ending bull run

expect a slow gird up, with a few dumps along the way, every time the rally gets out of hand.

I am fully invested in BTC, but do maintain a very active pirate watch. There is a chance he may sail to far north looking for bears to wake up and get stuck in the ice. If this happens the opportunity to get some of the pirate booty may present itself.

Unless you hold something like 100k BTC right now, you cant really hurt him.

It is not about hurting anyone. It is about being alert to the trading opportunities he may create, especially if he hurts himself.
3496  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: September 18, 2012, 06:59:31 PM
If recent history is any indication the following question does remain: Will a certain pirate gather enough strength to come ashore and violently wake up the hibernating bears?

lol maybe!

but nothing can stop the never ending bull run

expect a slow gird up, with a few dumps along the way, every time the rally gets out of hand.

I am fully invested in BTC, but do maintain a very active pirate watch. There is a chance he may sail to far north looking for bears to wake up and get stuck in the ice. If this happens the opportunity to get some of the pirate booty may present itself.
3497  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: September 18, 2012, 06:26:12 PM
If recent history is any indication the following question does remain: Will a certain pirate gather enough strength to come ashore and violently wake up the hibernating bears?
3498  Economy / Service Discussion / Re: BITCOIN MAGAZINE ARRIVED! on: September 18, 2012, 01:50:44 AM
Issues #2 and #3 arrived here today. Prince George, BC Canada.
3499  Bitcoin / Meetups / Re: Anyone else from Edmonton? How about Alberta? on: September 16, 2012, 11:54:02 PM
Prince George, BC
3500  Economy / Speculation / Re: WTB 11.75 Put (to expire December 15th, American Style) option on BTC on: September 16, 2012, 05:38:13 PM
I speculate that your post is not speculation.

But it is definitely speculative, yes?

I was wondering which was the correct sub-forum to place this in.

Perhaps securities? I'll try there.



I would suggest Economy > Marketplace > Securities. You should be able to move your thread there.
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