1161
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Economy / Gambling / Re: BTCBlink.com - Yet another bitcoin game.
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on: July 13, 2012, 03:34:01 AM
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It doesn't really matter if the user can see it, if they are mixed together this would be dependent on all others.
I guess the last person to bet may be able to do something, I am not really sure how much influence a user has on the TX id.
As far as the miners incentive.... While accurate I don't think it is a practical worry for the amount of BTC we are talking about.
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1163
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Economy / Gambling / Re: BTCBlink.com - Yet another bitcoin game.
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on: July 12, 2012, 12:37:24 PM
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You could use the TX ID of the last solved block.
Or better yet: don't have an account, just have unique addresses for each ticket. The you can use the TX IDs for the bets, which are not knowable nor controable.
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1165
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Economy / Speculation / Re: A Theory on what pirateat40 is doing
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on: July 08, 2012, 08:15:57 PM
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Pirate's selling at high premiums removes this supply (100-200k (?) BTC weekly) from the market at current rates, his clients won't be selling on the market at negative profit margin. Although it is in his best interest keeping or having price low, he's effectively extinguishes the available supply at any given rate, so at some point prices will have to move up due to limited supply availability especially if his own business demands increase. If his business is indeed legit and does what he claims it does - it has overall positive effect on the market as it steadily absorbs all low priced inventory.
Not to mention that once he is 'done' the price should skyrocket, making us all more money
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1166
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Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
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on: July 07, 2012, 01:33:11 PM
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i'm offering an extra 0.1% on any deposits from now until Sunday 03:00 UTC.
offer limited to 1 btc (for the next 1000 btc worth of deposits)
So, lets say I deposit 5BTC now. 1BTC would receive the 7% rate while the other 4 gets the 6.9%? That's how it would work? I could be wrong, but I think he meant that you must deposit AT LEAST 1 BTC.
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1169
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Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
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on: July 05, 2012, 06:39:18 PM
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just self-sign the cert and post the fingerprint on the forum. if anyone needs it...
The cert isn't the problem: I would willing to donate a few coins to pay for a cert, anyone else?
the issue is not the cert, it's the extra IP. it'll need to have it's own, rather than sharing with thrucoin, bitcoinclock, etc. i just need to ask the host about it. thanks though. It is the way SSL works, and hard to do on shared hosting. then the same self-signed cert will be used for all the domains at that IP. i dont think it would be a problem. Yes, it won't be a problem here. The point is avoiding sending the password and the data in the clear, so a self signed certificate on the same ip would do it just fine. And by just publishing the fingerprint, you'll have more than enough security for this setup. Except that you have to check the fingerprint everytime, which nobody will do, which gives false security and is worse than nothing at all.
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1170
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Economy / Securities / Re: Imsaguy's PPT (7% starting August 1, 2012)
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on: July 05, 2012, 06:38:00 PM
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That's right.. you can earn a full 7%/week on your coins. Minimum investment is 1k coins for a period of 1 month. If you're interested, send me a pm so we can coordinate the transition.
So withdraws are monthly? Or only locked for the first month? What about interest payments? Weekly? Or are you compounding and that's how you make money paying out 7%? Is pirate going to have a way to just move coin from a retail account to a trust account? Or would I have to withdraw, send to you, then you to him? He makes 7% on his coins, but needs yours to get that rate at BST. It is a pure pass-through.
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1171
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Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
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on: July 05, 2012, 06:25:43 PM
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just self-sign the cert and post the fingerprint on the forum. if anyone needs it...
The cert isn't the problem: I would willing to donate a few coins to pay for a cert, anyone else?
the issue is not the cert, it's the extra IP. it'll need to have it's own, rather than sharing with thrucoin, bitcoinclock, etc. i just need to ask the host about it. thanks though. It is the way SSL works, and hard to do on shared hosting.
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1172
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Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
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on: July 05, 2012, 06:22:59 PM
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The problem is that, generally, it is very hard hard to do SSL vhosts on a large scale in practice.
This is because the client browser requests the certificate BEFORE it sends the HOST request. So the server doesn't know which certificate to send. So you get warnings like:
This is is identifying itself as thrucoin.com but you are connecting to bitcoinmax, OMGZ!!!!!
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1175
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Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
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on: July 04, 2012, 04:18:19 PM
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following on from the previous post, i just want to make one point clear:
your investment is 100% exposed to BST as soon as you send it to me, regardless of where the outputs of your actual transaction get spent.
Correct me if I am wrong, but you are operating no different than traditional brick and moarter banks. They don't just keep deposits in their vault to swim around in, they invest it. Then as people make new deposits they use that to pay others withdrawals. I think some people get stuck on the idea of 'my' coins rather than the amount of coin.
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