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cypherdoc,
It is true, I did delete a few of your off topic posts, only because they were off topic and posted after I had already split the thread and moved your initial off topic posts and after I notified you about that with a PM. Unfortunately this forum doesn't, at least not to my knowledge, allow me to merge threads. If I could do that I would have split your posts from that original thread and moved them into this one. Since I couldn't and your posts were off topic, and I wasn't going to create new threads and move those, I opted to delete your posts.
You are more than welcome to repost all of them here.
Best regards,
hazek
p.s.: Moved posts are not censorship. Most issues have their appropriate sections of the forum, for example forum & and moderator discussion belongs in Meta.
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cypherdoc,
If you are not happy with the way I fulfill my responsibility to the administrator of this forum as a moderator you are more than welcome to post a complaint in this appropriate section of the forum. Also in case you didn't know this, I'm not the only one moderating Bitcoin Discussions and I am not the only one receiving reports and if there is a dilemma, ultimately the forum administrator gets to decide how moderation is applied.
All I do is what I promised the forum administrator I would do and I follow his guidelines to the letter. I'm sorry if that doesn't make you happy, but then that isn't my problem, it's your problem with the forum administrator.
So I ask you for the sake of keeping the section I moderate clean and for the sake of solving inefficiencies or moderator abuse as fast and as efficient as possible, please, in the future, present your complaints directly to the administrator instead of attacking me as an off topic reply to a random post of mine.
Thank you.
Best regards,
hazek
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Savings wallet: Electrum (I love this client!)
Spending wallet: MyWallet blockchain.info
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Hello everyone, As I ponder the heated discussion I had after the Tuesday presentation of Bitcoin here in Slovenia presented by Nejc Kodrič (bitstamp.net), his programer and developer Damian Merlak, another enthusiast programer they met in London Matija Mazi and me, where one audience member just couldn't be convinced that a fixed supply of money is a good thing and actually the best form a money can have.. ..I'd just like to call attention to this most often grossly misunderstood issue surrounded with myths that a fixed supply of money with a banking system without a central bank and no regulation will lead to devastating banking problems and economic crisis. Myths that are most often spread without really doing any research on the matter. And when one actually does look at history and look at what the circumstances really were that did undoubtedly lead to pretty bad problems one finds that yet again it wasn't a market regulated strictly by it's consumers i.e. a free market coupled with no government regulations/no central bank the cause of these problems but that the truth is that there were regulations and that it was precisely those (big surprise, not) that lead to all those problems. Meanwhile in that same period of time a not perfectly free but much much better system in Canada worked problems free that barely gets mentioned or remembered. How I know all of this? Well I don't know, but I do trust Dr. George Selgin, Professor of Economics at the Terry School of Business at the University of Georgia and author of a number of books on money and banking ("Bank Deregulation and Monetary Order" and "Good Money."), does and I'd invite you to lend him an hour of your time and listen to a lecture on this specific and for understanding the facts of history very important issue. http://www.youtube.com/watch?v=JeIljifA8LsAnd please, if at all possible, stop spreading these ugly myths. Thank you! ---------------------------------------------------------------------------------- Rules for this thread: 1) the subject of this thread is the false accusation of no regulations + a fixed supply of money as the cause of banking crisis and panics - all posts must stay on this topic 2) any opinion not substantiated with a verifiable fact(s) of history is not allowed 3) sophistry and logical fallacies not allowed Any post violating my rules for this thread will get deleted as an off topic post. If you want to spread BS you can do so in your own thread. |
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This says it all:
" Reply
Stanislav says: October 11, 2012 at 8:05 pm
Dear Omnifarious,
If you look closely, this page has an ordinary donation button. Which takes donations in boring old national currencies. As you can probably guess, I am not, at present, much of a Bitcoin user. (Although my collection of FPGAs, kept around for an entirely different purpose, sometimes mines Bitcoin.)
Yours, -Stanislav"
LOL! From the author himself.
I'm sorry but why the need for an ad hominem, why not use logic and evidence to rebut his argument? Could it be that it's because he makes a good argument? *need to read the entire thing before I give my opinion* |
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Cool stuff, didn't realize we're 4th and 3rd measuring adoption like this but I think it's awesome and after Tuesday's presentation we held at a popular cyber cafe in our capital city there might be even more!
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Ok, I think this topic has been sticky long enough to get a decent sample and I think if anything, it's clear as day that Bitcoin Foundation doesn't have that broad of a support and that there is a significant percentage of the community who is at least highly suspicious of it.
I think this is an important fact that we can always point to if and when they try to assert something else.
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Can someone summarize what has been said about bitcoin?
It's the clip of Max Kieser mentioning it, already posted a month or two ago. |
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Is there something wrong with the two factors sms authentication. I don't get a sms when I try to open my wallet?
Are you outside the US? Our previous SMS provider only has patchy support for international SMS ( http://www.tropo.com/). I have switched to twilio.com which should be more reliable. Yeah I am in EU, it's ok I think I don't need 2factor auth anymore since I got myself a quasi offline wallet with the combination of a blockchain spending wallet. |
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TL;DR: It's a vicious cycle controlled by greed!  greed is there but does no control the markets You don't realize it but these price fluctuations are far better than if there was control of the markets because when there's control there's always control by someone and that someone not only isn't smart enough to know how to best plan a market but also sooner or later always gets corrupted and misuses their power for their own gain making things far far worse. You don't realize but these fluctuations is exactly what you should want in a market because it for your own benefit. |
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Is there something wrong with the two factors sms authentication. I don't get a sms when I try to open my wallet?
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Yes, Bitcoin challenge the Mises Regression Theorem from 1912. Deal with it.
Bitcoin is money without intrinsic value: pure exchange information, no physical hassle nor some residual utility.
I disagree. Bitcoins are perfectly comparable to gold. If you go back far enough with gold you'll discover it's most common use was basically as a collectible in the form of jewellery. And because this was true in an entire community that community figured out it can use it as a medium of exchange. Well same thing goes for bitcoins. That guy who accepted 10.000 BTC for a pizza didn't necessarily accept the bitcoins because he thought he could give them to someone else at a later time and get a similar value for them, no! he most likely thought they were cool or whatever and wanted to hold some and decided a pizza for 10.000 BTC was a fair barter price. And since an entire community of people felt that bitcoins are cool and wanted to hold some willing to trade something of value for them(it doesn't matter that this is just an online community), people slowly saw that they can use it as a medium of exchange. And just as with gold, we went from a collectible to readily accepted money within a growing community of people. And before you say "Well but you see, gold was started to be used as a medium of exchange because there was always the fallback demand by the jewelers present.." I would like to remind you that there is no reason why at that time, when people had no clue about chemistry and all the other elements that existed, those people should have thought that this demand will persist until the end of time. People could have discovered something else to use for jewellery or people could have changed their mind about valuing jewellery. Reasonably those people only saw a demand, not a lasting demand. And this lets call it temporary but very evident demand was good enough to spark the transition from a collectible to money. Well the same happened with bitcoins. There was a short term demand for what ever reason that sparked the transition from a collectible to money within a community. The only way this process can now get reversed in either case of gold or bitcoins is if either lose their properties which (besides them having a temporary demand as support) made them ideal to be used as a medium of exchange in the first place. |
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No, I'm prepared to hear any answer. I just am frustrated with incomplete answers. Telling me it's not safe despite all these precautions is an incomplete answer. I know it's not 100%, I already said this. I already said I'm willing to forgo complete security for some convenience but what you told me is that you wouldn't trust my setup at all which I just can't take as anything but bullshit. Yes I can lose my money, but here's a newsflash for you, you can also lose your paper wallet if a thief breaks into your safe. Perfect security does not exist and I'm not asking for it. All I'm asking is for a setup that is reasonable safe but you are telling me that my setup is inherently unsafe which I just cannot understand without any further explanations.
I already said that most of what I'm afraid of is a keylogger because I'm already very careful, have keepass and strong, uniquie passwords for any service I use, I have noscript installed, I have an antivirus running... My windows setup is already a lot safer than what most have but I'm not happy with it because I realize I'm actively browsing on this OS and a keylogging threat exists. All I wanted to do with my USB ubuntu setup is protect myself against that. Why? Because encryption takes care of the rest. And now you're telling me my USB Ubuntu setup will not even protect me against keylogging?
Modern computers are inherently insecure. They are slapped together quickly and cheaply. The prevelant debuging method employed is "ad-hoc" debugging, where the software or hardware is tweaked until it appears to work. Software and hardware is not proven correct, in part because it is perceived to be impossible. In truth, the halting problem only applies to Turing machines with infinite memory, which computers only imperfectly emulate. I used to think that modern computers could be considered reasonably secure, if only they ran from Read-only memory. For over a year, I used a diskless computer booting from a live CD as my primary computer (a second computer acted as a file-server). For several more years my router was booting from a read-only floppy disk. Then I learned about an attack on a Voting machine using read-only memory. They leveraged a stack overflow bug in one of the configuration menus into a full machine compromise. Because the machine was battery-backed, they were able to emulate the boot process. To get around to read-only memory limitations, they used a technique called return-oriented programming. The implications for your laptop booting a "secure" USB key are obvious. A sufficiently skilled attacker may decide to emulate the boot process and prevent you from rebooting the machine; instead putting the machine in standby when you think you are turning it "off" (possibly adjusting LED behaviour in the process). You may think the battery is simply degrading with age. When you boot into Ubuntu, it may be running in a virtual machine, such that the hypervisor can record all of your keystrokes. The best part of return oriented programming is that if you do manage to do a hard-reset on the machine (by removing the battery), there may be no trace of the attack left on your hard-disk: simply because the binaries were never modified. The attacker would simply reinstall the malicious code the next time they come into contact with your machine. There is a reason people advocate "cold storage" for large ammounts of money, commonly referred to as "savings". As the Armory author told you, it reduces your attack surface considerably. From your description of this USB key, I get the impression that you are keeping only one copy. This is a security risk too. If your USB key gets lost or damaged, you would not be able to spend the funds. You really should consider some kind of paper backup in a safe somewhere. now you've done it. hazek won't sleep for a week.  I will sleep like a baby because my laptop is private and no one but me has access to it. |
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Do people really believe this crap?
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Well I finally became a bit security conscious and have searched for anything I can find about how to create a secure savings wallet and I really don't like any of the answers available.
I don't like paper wallets because I don't want to print anything on a paper and I don't like liveCDs because I don't want to download the entire blockchain every time I want to spend from my savings wallet I also don't like a brainwallet because it exposes me to the risk of being robbed while entering my pass phrase when trying to spend from it.
Is there really no option to simply have a USB drive that I can pop in, before doing so restart my laptop, boot the USB and have a ready to go client and wallet with a connection ready and free of any worry of getting hacked?
These are my conditions for what I'd like to use:
-I want it in a digital form, preferably on an encrypted USB stick
-I want to be able to use it with my primary and only laptop (needing to reboot my laptop is fine)
-I want to be able to at least send myself an email with an address where to send the coins to and be safe doing so or use some other way of copy/paste
-I want to spend from my savings wallet without having to download the blockchain
buy a casascius BTC1 coin, peal it, take a digital picture of the private key and first bits, copy the jpeg to a secure/encrypted SD card (easy to do on Mountain Lion)...use MtGox to cash in the private key and send to a new address... Seriously? Put my savings in an address someone definitely already saw the private key for? You must be joking. |
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What I mean is, if some dude approaches you on the street and asks for a $100 loan with 5% compounding monthly, would you give it to him?
So, whatever investment interests you, think first "Would I put cash in an envelope and mail it to their untraceable anonymous PO box?"
+1 I still hope the Bitcoin world will be boring in 4 or 5 years, but I expect lots more chaos and drama until at least then. This is what innovation looks like-- lots of failures and a few spectacular successes. It is still WAY too early to tell what will be successful long-term. Not to mention all the bad habits and beliefs people brainwashed in public schools and by government propaganda have been used to hold their entire life. It's going to take some time and a lot of harsh lessons before people learn and readjust. And I can't wait for the result of this! |
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Nefario has defrauded me and others in several different ways and deserves a scammer tag.
- The BitcoinGlobal bylaws state that BitcoinGlobal's purpose is to operate GLBSE. By shutting down GLBSE without amending the bylaws, Nefario has violated the bylaws.
- He has stated that he would ignore any motion to remove him as CEO.
- He is knowingly making BitcoinGlobal shares worthless, violating his fiduciary duty.
- He is refusing to release my GLBSE balance without my ID, which I did not agree to.
Theymos has backed up all of these with evidence, and I'm satisfied the burden of proof has been met, even for the last point, which I didn't initially buy (MtGox anyone?). However, if Nefario is being compelled to do these things under threat of force (govt), should he still be given the scammer tag? Normally the burden of proof would be on him to prove he's under duress, but what if he's not allowed to, again under threat of force? That was one of my first concerns with the situation with Nefario/Goat, and it still is now. Laws and regulations are a pain, and make things a lot more complicated than they need to be. Given that he has no problem to use that same threat of force to compel his users to follow his rules I would say that even if he is under duress it isn't an excuse in his case. Evidence: I can't believe how hypocritical this sort of action is Nefario. Well I guess it depends on what you believe because I am not really sure about your beliefs, but if you are a proponent of a peaceful prosperous society that governs itself without a small gang of thugs that enforces their arbitrary rules through violence, I just can't understand how you want to have a business that doesn't follow their rules and yet use their violence to for your own personal egandas.
There's a peaceful way to solve this problem.
Whoa whoa whoa there, what are you talking about violence for. Alberto agreed to have this information published if he scammed shareholders or ran off with their BTC. The publishing of it has two purposes, 1) to prevent him from being able to do it again as everyone knows who he is(he can't re-invent himself), 2) to make it easier for us to find him and prosecute him, for fraud. The rest of your post doesn't make much sense. Oh I'm sorry, I assumed by prosecution you meant use police and the justice system i.e. the small group of thugs that enforce their rules through violence i.e. the government's aparatus to hunt the man down, kidnap him and imprison him i.e. use violence to punish him. Did you have something else in mind with "prosecution"? I did, what I meant was I was going to go there and lick him until he gives back the bitcoins. I'll take that as me correctly assuming what you had in mind. So do you support the government then in general and are following all their rules with GLBSE? Paying taxes? ect? |
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So you disagree with this?: Taxes are no more a great thing than a band of thieves robbing a whole village and then using some of the loot to pay for a homeless family's dinner and shelter. It's still theft and it's still wrong.
Yes, because for one thing the village probably hasn't elected the "band of thieves" democratically and "robbing" is per definition violent, which collecting taxes usually is not. I get your point but the comparison is overly-dramatic. Please refute one of the two correlations at the beginning of my last post. Oh I didn't vote for this band of thugs commonly referred to as government either, I didn't vote at all, does that mean that forcing me to pay taxes is wrong? Btw do you know what happens if you don't "pay taxes"? If you think I can't call it robbery and if you think it's not a violent act just because people choose to rather pay up when demanded rather than refusing then I suggest you do a test, stop paying and then see what happens. I wonder if you'll still say it's not violent or not a robbery. I did refute your correlation. STEALING IS WRONG, even if it does a some good as illustrated with my example, PERIOD. |
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No, I just meant that Kickstarter you need to create a new project each time, and gather funding this way. So you need to create one for jan, feb, march, etc. it gets confusing.
Unless there is a way to create a continuous funding project on Kickstarter that I missed.
I think we can agree that a subscription service isn't something unheard off and would be easily implemented if people wanted to use a service. |
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I have no problem with paying taxes when they're used correctly. When a former Taoiseach (same position as UK Prime minister) here had a makeup budget higher than the average salary as well as a higher salary than the US president then being reluctant to pay taxes has some justification.
So you disagree with this?: Taxes are no more a great thing than a band of thieves robbing a whole village and then using some of the loot to pay for a homeless family's dinner and shelter. It's still theft and it's still wrong.
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