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301  Bitcoin / Bitcoin Discussion / Git commit ostensibly from Satoshi in recent transaction on: August 12, 2013, 11:58:59 PM
https://blockchain.info/tx/77822fd6663c665104119cb7635352756dfc50da76a92d417ec1a12c518fad69

Quote
From a3a61fef43309b9fb23225df7910b03afc5465b9 Mon Sep 17 00:00:00 2001
    From: Satoshi Nakamoto <satoshin@gmx.com>
    Date: Mon, 12 Aug 2013 02:28:02 -0200
    Subject: [PATCH] Remove (SINGLE|DOUBLE)BYTE

    I removed this from Bitcoin in f1e1fb4bdef878c8fc1564fa418d44e7541a7e83
    in Sept 7 2010, almost three years ago. Be warned that I have not
    actually tested this patch.
    ---
     backends/bitcoind/deserialize.py |    8 +-------
     1 file changed, 1 insertion(+), 7 deletions(-)

    diff --git a/backends/bitcoind/deserialize.py b/backends/bitcoind/deserialize.py
    index 6620583..89b9b1b 100644
    --- a/backends/bitcoind/deserialize.py
    +++ b/backends/bitcoind/deserialize.py
    @@ -280,10 +280,8 @@ opcodes = Enumeration("Opcodes", [
         "OP_WITHIN", "OP_RIPEMD160", "OP_SHA1", "OP_SHA256", "OP_HASH160",
         "OP_HASH256", "OP_CODESEPARATOR", "OP_CHECKSIG", "OP_CHECKSIGVERIFY", "OP_CHECKMULTISIG",
         "OP_CHECKMULTISIGVERIFY",
    -    ("OP_SINGLEBYTE_END", 0xF0),
    -    ("OP_DOUBLEBYTE_BEGIN", 0xF000),
         "OP_PUBKEY", "OP_PUBKEYHASH",
    -    ("OP_INVALIDOPCODE", 0xFFFF),
    +    ("OP_INVALIDOPCODE", 0xFF),
     ])


    @@ -293,10 +291,6 @@ def script_GetOp(bytes):
             vch = None
             opcode = ord(bytes)
             i += 1
    -        if opcode >= opcodes.OP_SINGLEBYTE_END and i < len(bytes):
    -            opcode <<= 8
    -            opcode |= ord(bytes)
    -            i += 1

             if opcode <= opcodes.OP_PUSHDATA4:
                 nSize = opcode
    --
    1.7.9.4
302  Economy / Lending / Re: .4 BTC loan on: August 12, 2013, 10:19:34 PM
No. Just, no. Seriously, why? Why do you loan to build up reputation? If you have 10 + reputation on your profile and they're all from rep building loans, I won't loan you anything because that makes you seem suspicious. Why are you building up reputation like this? It's so stupid.

EDIT: The miners are fine, but a reputation loan I just don't understand.
I was going to label it as a loan to buy a block erupter but I thought that may put people off as ROI is uncertain.
Loans for "reputation" will put people off more. Read the stickies.
303  Other / Meta / Re: Email from theymos? on: August 12, 2013, 05:00:19 PM
Simple address spoof; not legitimate.

Also the forum is drowning in BTC right now.
304  Economy / Lending / Re: Guys, i really need 0.50 btc loaned to me on: August 12, 2013, 02:28:05 AM
what did this forum do before the collateral rule even happened? Or what is it always there?

This is actually an interesting question. I'm not going to loan to you, but I'll give you an answer. History incoming:

Back in the day, the number of Bitcoin users was small, and the number of bitcointalk users was smaller. Reasonable loans with a clear payback plan were often granted, without ID or collateral.

In November 2011, pirateat40 opened Bitcoin Savings and Trust, which provided fairly exclusive interest paying accounts (initially 10% weekly, revised to a max of 7% weekly). This set an unhealthy expectation of ridiculously high interest. To avoid the referral-only bit, "pirate pass-throughs" were set up, where a deposit-taker would consolidate smaller amounts and deposit them as lumps into their own BS&T account.

By the beginning of 2012, lending was becoming a larger business. Lenders like PatrickHarnett and HashKing set up businesses where they would pay interest to all depositors (the minimum rate was 1% per week) and use the money to give out loans. This was actually a semi-legitimate business because people were, for whatever reason, willing to pay 10% monthly on their loans. Here's a summary of reasons to trust PatrickHarnett (now labeled a scammer).

Loan requests with ID were rarely rejected. Example:

I'm looking for a loan of 12 BTC to enable me to make a purchase before I get paid on the 26th April.

Repayment can be made as soon as I can get money into an exchange, so to be certain let's say by the 28th April.

I have little or no reputation on here, though I took out a tiny loan here: https://bitcointalk.org/index.php?topic=56720

Xenland is in the process of verifying my home address as I'm setting up as a vendor on CheaperInBitcoins.

I'm more than willing to provide personal information if required.

Many thanks,
(Note the lack of collateral)

Then, in mid-August 2012, pirate defaulted. This unavoidable outcome caused a storm throughout the BTC economy. It turned out that BS&T was more of a foundation of the economy than people realized. People had been taking out loans, putting them in BS&T, and then repaying, while skimming some of the interest off for themselves. Some people, like ineedausername, made heroic efforts to pay back thousands of lost bitcoins out of their own pockets, while others, like PatrickHarnett, made partial paybacks and disappeared.

Here's the thing: the id-based system failed. Note that ripper234 had a scan of PatrickHarnett's passport,  Patrick lived in the US, but Patrick still got away with a default. Litigation and shady kneecap-busting efforts both failed. One would think that the millions of dollars worth of stolen bitcoins would be enough incentive for someone to track the scammers down in person. One would be wrong. You'll notice that only recently, almost a year after the default, has the SEC brought a case against Trendon Shavers (pirateat40). I only remember a few examples of the threat of litigation ever working, one being RandomQ vs TheBitMan (the defendant was 17 and probably scared).

That was a year ago. Since then, Bitcoin and bitcointalk have grown in size and awareness, especially since the April bubble. Scammers are aware that Bitcoin is a pseudonymous, irreversible, global currency, and is thus as useful, easier, and safer to steal than cash. They are aware that giving out their passport doesn't really do them much harm. Especially if they live in another country, like Alberto Armandi, they can steal bitcoins under their real name and get away with it. Unfortunately for them, they can only use their real name once, but fortunately, they can buy fake ids with bitcoins, and forum accounts are cheap to create, cheap to buy, and easy to throw away.

This leaves two options for lenders who don't want to get burned today: they can lend to members whose reputation is much more expensive to create than the value of the loan (example), and hope that the lendee will similarly value their own account (thus making scamming a worse option than paying back), or they can lend to users with collateral, and take zero risk.



I hope this has been an accurate and interesting account, as it has been recalled entirely from my firsthand experience.
305  Economy / Lending / Re: Looking to Loan 3 BTC 15% interest in One Month on: August 12, 2013, 01:47:23 AM
What are the websites, and would you be willing to transfer domain names?
306  Economy / Lending / Re: .15 loan need on: August 12, 2013, 01:44:42 AM
Quote
Payback good interest

Try a little harder. Use sentences with more than 10 words in them, and be sure to give specific dates and numbers. If you're going to try to scam, at least relieve some of the monotony.
307  Economy / Securities / Re: [GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade on: August 12, 2013, 01:42:17 AM
Alrighty, can we get an exact deadline for "the end of summer?"

Not that he'll pay anything back this calendar year.
308  Other / Meta / Re: Bitcointalk++ script on: August 12, 2013, 01:40:31 AM
No, we need to see who tagged you.
Or at least have some kind of system wherein the more points you have, the more your tag affects the tagged person's rating. (e.g., I have +8, and tag someone with 0 with -1. End result: -4.)

how would that be different from the trust system?

I'm against it. every point should have the same face value.
It would be exactly like the trust system except without the trust list. I.e. you'd "trust" everyone's ratings based on their own global ratings alone. It would be much more susceptible to shills.
309  Economy / Services / Re: Get paid weekly for your signature on: August 12, 2013, 01:36:57 AM
Seal is the man!
310  Economy / Lending / Re: 0.5 Loan on: August 12, 2013, 01:28:44 AM
This is bitcoin. Don't believe anything until you see six confirmations.
I'll take that as a no.
311  Economy / Lending / Re: Need a 5 BTC loan, can pay back 5.15 BTC in 2-3 hours. on: August 09, 2013, 08:50:49 PM
Can you get BCB to give you some +trust?
312  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: August 09, 2013, 05:34:17 AM
Infinity does pose a bit of a problem here Undecided

Infinity isn't a problem, it's awesome! Although if I'd invented it I would have called it something way cooler.
Like

infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
infinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfinfin
ity

? Grin
313  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: August 09, 2013, 05:04:40 AM
Infinity does pose a bit of a problem here Undecided

How is the house supposed to break even after an unlucky streak if the streak never ends?
314  Other / Meta / Re: Get Donator status by donating 10 BTC on: August 09, 2013, 05:02:47 AM
Lol... are you mad that moderators can access the donator forum?
315  Economy / Lending / Re: Small Loan on: August 09, 2013, 12:19:16 AM
Quote
Also I am asking that if you aren't interested in loaning please don't reply if you are gonna say rude or nasty things to me it's not necessary.
That sounds like something that someone who's been around before would say.

Alright, I'll ask some positive questions:

What do you need the loan for?
How long do you need the loan for?
Why do you accept such a range (100% difference) of loan size?
How will you pay back?
What if your payback plan fails? Are you employed?
Do you have collateral?
Can anyone reputable vouch for your honesty?
316  Other / Meta / Re: Bitcointalk++ script on: August 08, 2013, 10:48:01 PM
Suggestion: spoiler tags.
Hmm...

Snape kills Dumbledore
317  Economy / Lending / Re: 0.5 Loan on: August 08, 2013, 07:54:02 PM
How long ago was your trade with BCB? Will he vouch for you?
318  Economy / Lending / Re: What IS and ISN'T collateral. on: August 08, 2013, 06:35:25 PM
Re: Steam accounts

This has been a scam method since at least July 2012.

Steam accounts don't work as collateral. I believe it was PatrickHarnett who first got scammed when lending with a Steam account as collateral.

The actual thread is wayy back in history, but I did find this:
In one thread a steam account was used as collateral. Yours is probably worth more than $63.

The last one I remember that happening the lender got burned on the loan, so... Wink
Well then the lender got a lot of cheap steam games. Life is tough, but I bet the lender managed to sell off the account for nearly the cost of the loan (if not, then the lender made a poor decision in the first place)

No, Steam gives users several ways to recover accounts, it is not safe to use them as collateral, or to buy them.
319  Economy / Lending / Re: Looking for a .5 loan on: August 08, 2013, 06:20:51 PM
I'd loan this to you if you can tell me when you'd re-pay, how you intend to re-pay and if there is any interest on it. And as nimba said above, collateral.
there's no 'b'
320  Economy / Services / Re: 0.4 BTC / month free (Best payouts - NO POSTING NEEDED & Updated :) on: August 08, 2013, 06:07:12 PM
1v.io/pisces1999  its my id
I think you forgot to put in the signature.
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