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1441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2014, 07:46:27 AM
why are we moving down? i expect to hit $700+ this weekend

You know it is the same as with the diving board, it needs to go down before take off. Wink

Houbi started a little dip because of that payments thing in China ...


http://ca.news.yahoo.com/china-central-bank-orders-halt-online-payments-using-034119459--sector.html

This has absolutely nothing to do with bitcoin.

Market seems to think so.

Another clash in the murky night beween the old guard and the young turks in China

People are not even talking about this on Chinese forums
1442  Bitcoin / Bitcoin Technical Support / Re: urgent help needed - losing bitcoins on: March 14, 2014, 07:06:38 AM
Very simple:

1. Unplug your existing harddrive.
2. Plug an empty harddrive.
3. Install windows
4. Plug your old haddrive and search for the wallet file
1443  Bitcoin / Bitcoin Technical Support / Re: transaction disappeared from block chain?? on: March 14, 2014, 07:02:00 AM
I sent 0.4 btc and forgot to pay the fee. This transaction was unconfirmed for several days, but was on the blockchain and status said priority was high during these several days. Now, it just totally disappeared. I was thinking it was not included in any new blocks, no problem, I'll just send it again and pay the fee.

However, this 0.4 btc never went back to my wallet, never made it to the other wallet, and does not show on the blockchain. It's in limbo somewhere. Where is it, and how can I get it back? Original thread HERE.



Transaction ID: d2d79b1c5153c8e6c4dc007044b277b345a4867954cd8d9ec5d5b9f0675a0563
wallet it's suppose to go to: https://blockchain.info/address/1pw9R8BCWdojic8bryNqaAXoh77D5tBeb



Please call that service "blockchain.info". "Transaction disappeared from block chain" would be interpreted as a major re-org of the blockchain or a major flaw in bitcoin
1444  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2014, 06:57:25 AM
why are we moving down? i expect to hit $700+ this weekend

You know it is the same as with the diving board, it needs to go down before take off. Wink

Houbi started a little dip because of that payments thing in China ...


http://ca.news.yahoo.com/china-central-bank-orders-halt-online-payments-using-034119459--sector.html

This has absolutely nothing to do with bitcoin.
1445  Bitcoin / Development & Technical Discussion / Re: Why allow blocks in the past? on: March 14, 2014, 04:54:04 AM
Otherwise a minority of miners could trivially force the timestamps maximally far in the future... which then pushes everyone up against the local time limit, and would potentially require a centeralized source of time to avoid being constantly orphaned.
Why allow blocks from the future?

Because bitcoin is decentralized, so one can't really determine what is past, present, and future
1446  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 14, 2014, 04:06:42 AM
1844XBT bought yesterday
1447  Local / 中文 (Chinese) / Re: "卧底矿池"攻击,花数百万元发动一次51%攻击。 on: March 13, 2014, 05:46:26 PM
我其实挺好奇攻击后比特币世界会怎么样?

把长期不转帐的币(可能已丢失的),转到自己的钱包里,让网络接受新的长链。

然后找机会套现。

你學懂Bitcoin原理再講吧

很想听听您的意见,是否比特币目前已经没有可预见的风险了?

任何偷幣的區塊都是無效的, 再長也沒用.

這裏解釋了51% attack可以做到和不可做到的事情: https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_power

這裏從沒有人說bitcoin沒有風險, 我只是說bitcoin沒有你所說的風險
1448  Local / 中文 (Chinese) / Re: "卧底矿池"攻击,花数百万元发动一次51%攻击。 on: March 13, 2014, 04:18:36 PM
我其实挺好奇攻击后比特币世界会怎么样?

把长期不转帐的币(可能已丢失的),转到自己的钱包里,让网络接受新的长链。

然后找机会套现。

你學懂Bitcoin原理再講吧
1449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 12, 2014, 04:43:14 PM
Quote
400 toll-free numbers with prefix "4001" are international toll-free numbers which can be routed to destination numbers inside or outside of China. 400 toll-free numbers with prefix "4000", "4006", "4007" or "4008" are national toll-free numbers which can be routed to China destination numbers only.

Thanks.  Then the mystery, in the manner of soup to which cornstarch is added, thickens...  Wink

I think the margin trading on huobi is not free
1450  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 12, 2014, 03:05:41 AM
For example, Cryptocurrency is claimed by China as commodity, not currency. But how can one get that commodity besides mining? By regulation, All banks or payment processors are forbidden to link with exchanges. This means one just can not buy bitcoin on an exchange, as he can't credit his fiat into an exchange in an allowed way.

This results in a funny situation. Exchanges, banks and traders are all doing openly, but not allowed by government. Do I understand correctly.

My question is, why the Chinese government banned Cryptocurrency but allows everything going?

AFAIK that is not correct, the exchanges are legal and people can transfer money to/from exchanges via banks.  In fact, the only way to move Yuan into or out of exchanges is by bank transfer between Chinese bank bank accounts.  What the Chinese banks cannot do is buy or sell bitcoins themselves, or deal with bitcoin in any way.  To the banks, an exchange are just another corporate customer, and they do not touch any bitcoin, they deal with the Yuan exclusively.

The Chinese government has effectively confined bitcoin to playpens --- the exchanges --- where it can have no significant effect on the economy.   At that point the PBoC apparently stopped worrying about it.

A commercial transaction always has two legs, the client sends the payment and the merchant sends the goods/services.  Even if the first leg were safe and anonymous (which is very hard to ensure), if the transaction is illegal the government can easily catch the customer by the second leg.

Yes, and please also notice that Huobi, OKCoin and BTCChina are now accepting deposits from ICBC, Agricultural BOC, CCB, and BOC. These are the top 4 banks in China and they are under DIRECT control of the PBOC. So I'm pretty sure PBOC is well aware of what's happening in the past 3 months.

As most speculate, I believe the main reason of banning 3rd party processor is AML.
1451  Economy / Speculation / Re: Bitcoin long-term exponential trend (updated regularly) on: March 11, 2014, 04:26:28 PM


y-axis is ln(price)
Blue line is the daily VWAP
Red line is the expected price of the day. For each day, a regression is fitted with all data of and before that day, so it is not a straight line.
Green line is the current regression line

For the first time, the long-term trend is now over 500
1452  Economy / Speculation / Re: Bitcoin long-term exponential trend (updated regularly) on: March 11, 2014, 04:23:25 PM
Date: 10-Mar-2014
VWAP: 627.64
x: 1332
a: 0.00605
b: -1.82890
Rsq: 0.87778
The day's expected price: 510.67
Predicted date for today's price: 13-Apr-2014
Days ahead: 34.06
Daily price rank: 91
Predicted date for ATH ($1126): 23-Jul-2014

(See OP for explanation)

Expected price of today:

https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00605452401275089++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-1.82890291502084+%29
1453  Bitcoin / Development & Technical Discussion / Re: Why Using SSL's PKI For BIP 70 is a Big Mistake on: March 10, 2014, 02:50:06 PM
The dev team recently announced the decision to chose SSL's PKI for the new Bitcoin merchant API , called BIP 70.

Mike Hearn defended the choice in this article by claiming that nobody offered any workable alternatives.

However, CACert is an alternative that works and should be considered for three reasons:

1. CACert works with SSL.  It is a decentralized Certificate Authority that does not charge for SSL certs, with 20,000 members.

2. CACert has a working arbitration forum that has the potential to solve many of the problems that crop up with Bitcoin - the lack of trust and enforcability of contracts between users across national borders.

3. CACert has thus far successfully repelled attempts by intelligence agencies to insert their people into key positions in the organization.

In this article at financialcryptography.com, Ian Grigg argues that Bitcoin is throwing the baby out with the bathwater by adopting the mainstream SSL PKI.

Grigg says:

Quote
But what's the alternative, Mike Hearn asks? His fundamental claim seems to stand: there isn't a clear alternative. This is true. If you ignore Bitcoin's purpose in life, if you ignore your own capabilities and you ignore [the Bitcoin] community, then ... I agree! If you ignore CAcert, too, I agree. There is no alternate.

The Bitcoin community is exactly the kind of community that has the chops to provide a much needed alternative to the centralized corrupt corporate SSL PKI.   If they aren't willing to give it a go, at least use CA Cert which is far more in line with Bitcoin's ethos.

All HTTPS coomunication is based on PKI, anyway. Even BIP70 does nothing better, it won't be worse

BTW, I think one could simply import the CAcert CA to the BIP70-compliant client
1454  Bitcoin / Development & Technical Discussion / Re: Are we prepared for an emergency blockchain fork? on: March 10, 2014, 07:32:09 AM
I think the basic protocol and blockchain are robust enough to have no forking capable attacks. The last fork was caused by incorrect function of database engine and was resolved on the fly as I was sitting and drinking beer while watching events unfold.

It's not a question of how stable and bug-free the current code is, the opportunity of a hard fork means we can roll in bug fixes/improvements that are potentially disruptive otherwise. Not to mention having an "emergency" branch will allow users and services to plan ahead as well. We need any discrepancy to go as smoothly as possible.

Most bugs could be fixed by a soft-fork, because in terms of consensus we usually prefer restrictive than liberal. For example, the OP_RETURN bug and negative output value bug, the worst in the bitcoin history, have been fixed with a soft forks. Even the BIP50 incident could not be considered as a real hard-fork as the bug is non-deterministic and it is mainly the problem of a third-party package instead of the core bitcoin protocol

1455  Local / 中文 (Chinese) / Re: 比特币用户为中本聪募捐 on: March 10, 2014, 02:16:58 AM


小心騙子:



[/quote]


开个玩笑你看你紧张成什么样子 Angry

你以为我真的期望在这里能找到捐款啊
[/quote]

這裏傻人太多, 騙子都不夠用了
1456  Local / 中文 (Chinese) / Re: 比特币用户为中本聪募捐 on: March 09, 2014, 04:03:29 PM
摘要:《新闻周刊》的一篇报道彻底打乱了一位日裔老人的平静生活。年轻时改名为Dorian Prentice Satoshi Nakamoto的64岁计算机工程师接受懂日语的美联社记者采访时矢口否认他就是比特币的发明人。销声匿迹五年的比特币发明人同时在Peer to Peer Foundation网站上发贴声明他不是Dorian Nakamoto,他的帐号上一次活动还是2009年。
 
《新闻周刊》仍然坚持它的报道。Blockchain.info首席安全官Andreas Antonopoulos决定为这位受到打乱的老人募捐,当然资金是以比特币形式筹集。
 



 
他说,他并不知道Dorian NakaMOTO是否是真正的中本聪,不管他是不是都没关系。在不到一天时间内,捐款地址已经募捐到了36比特币,价值超过2.2万美元。


16yuGCgtv2ZBJJAcyCRzm6kor3Ghdu6rYf
据悉这个也是中本聪的地址之一 有散钱请往里面打 支持下他的工作 Grin


小心騙子:

https://bitcointalk.org/index.php?topic=369587.msg3947424#msg3947424


第五,没事可以参观  去看我的一个钱包的记录 https://blockchain.info/address/16yuGCgtv2ZBJJAcyCRzm6kor3Ghdu6rYf        推广的收入微乎其微  我参与的其它项目 不到半月就为我提供0.2BTC的净收入了,我不会跟你一样拼命护着你的这个盗版帖,就指望它能给你带来多少收入 那一丁点的收入,我可以忽略不计的。说白就是一句 I DO NOT CARE!  你要推广就去推广,我也早不更新那个帖子,只要你承认你抄袭我的帖子并恶意诽谤我即可。


1457  Bitcoin / Bitcoin Discussion / Re: I am not Dorian Nakamoto. on: March 08, 2014, 01:53:59 PM
Interesting, satosh"¡"

Would you please proof you are really the one inserted "I am not Dorian Nakamoto." in ning.com? (Maybe the hash is for this purpose?)

I am not Dorian Nakamoto.





Sorry guys, I just... couldn't resist.

Normally, I don't troll people. Actually, I really hate trolling and being trolled.
And maybe that's even the very reason why I did these two posts.

But this post is intended to be more than just trolling, it is also educational.
Let's keep in mind that there are lots of people out there who don't want to do good:

Firstly, there are people who just think it's fun to confuse others.
Now, for a second, let's imagine how these people would feel like if they were offered the opportunity to trick others into thinking they are Satoshi?
They would really enjoy it! It's like being the king of all Bitcoin trolls, even if it's just for a second.

Secondly, there are people whose profession is to sniff into other people's communication links, and they cannot only read, but also write.
And you don't need to have a tinfoil hat to believe they're using this ability, they already admitted to it.

Thirdly, there are people who have ordinary access to the ning.com database, simply because it's their job.


I belong to one of these groups of people, or a combination thereof, and I have inserted the other post ("I am not Dorian Nakamoto.") into the ning.com database.
The only thing that I couldn't fake was the signature.


And this is why I said it's "educational":

You shouldn't believe anything without proof.
Especially, if it concerns such an important invention... which has many enemies.
Especially, if it is (or claims to be) from such an important person (or group of persons).
Especially, after such a long period of silence. Anything could have happened in the meanwhile.

Lessons learned?
Okay.

What happens next?
Needless to say, this account will be banned within seconds. I have full understanding for that.
But I really hope that this post can be retained because it intends to serve a good purpose: To educate people and sharpen their eyes.


Last but not least, let me drop these 256 bits here:
8bf0059274ca4df83675980c2be9204267bd8669ba7540b5faf2db5a8aa5d160

1458  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2014, 09:07:52 AM
I find it weird that she would wire $55k to gox only to commit suicide when it when down. She must have known risk was fairly high. Either way she went on way too early.

If true, I would then suspect (given human nature) that the money was misappropriated in the first place.  Gambling addictions work like that.  You double down to pay it back.  If the house runs off, you're in a world of hurt and shame.

Please stop the unfounded speculation. According to the time TheKoziTwo posted he/she is living in the Americas


1459  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 08, 2014, 08:54:44 AM
Is there selling now?

We only know the net increase/decrease, and there could be +/-100 of rounding error
1460  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 08, 2014, 08:43:35 AM
169XBT bought yesterday
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