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17181  Bitcoin / Development & Technical Discussion / Re: Is this idea to counter lost bitcoins possible? on: December 25, 2012, 08:59:54 AM
a few hundred years ago many wooden boats with their chests of gold sunk to the bottom of the sea, too deep to ever get to the gold ever again.

more recently gold is being used to make objects and those objects end up in land-fills never to enter circulation again..

trying to get to that gold is not called helping the economy. its called treasure hunting and trying to get rich off of other peoples forgetfulness..

i DO NOT condone any activity where someone can sweep my address if i left the funds in there for a few decades. its mine.



(replace the word gold with btc in this next statement)
if you want gold then buy some at a shop/ goldsmiths. DONT try imposing a law that if gold is not recirculated within 20 years, then it can be taken off of you.
17182  Bitcoin / Development & Technical Discussion / Re: possible to avoid double spends if accepting unconfirmed transaction? on: December 25, 2012, 08:49:51 AM
i refer to:

if satoshi dice received a transaction from 1Ex4mpl34ddr3ssn0Tr34l4tall it can check the transaction history on blockchain.info to see if 1Exa4ml34ddr3ssn0Tr34l4tall has sent any other funds within the last 10 minutes and if all the funds of 1Exa4ml34ddr3ssn0Tr34l4tall has all had confirmations.

i ask this so that if i was to send my funds all over the place within a few minutes and then walked into a coffee shop that accepts BTC with no confirms. the transaction would be on hold till the confirms are completed due to high activity.

but if i done my funds transfers an hour ago, all the funds have confirms and then walked in to the same coffee shop and bought some coffee with BTC, the transaction would complete instantly, due to low activity on my address.

much like visa/mastercard fraud protection checks to see if a customer buying fuel in the customers home town whilst also  using the card to do a transaction in another country within an unreasonable/impossible timeframe would then be flagged as a risk if that occurance happened, due to 'strange activity' on the account.

thus reducing the risks of a double spend. where basic terms/conditions of satoshi dice/coffee shop are that only transactions from an address with low activity will get accepted for instant use. where by addresses with alot of activity would have to wait for confirmations before the trade/sale/service is completed.
17183  Bitcoin / Development & Technical Discussion / possible to avoid double spends if accepting unconfirmed transaction? on: December 24, 2012, 12:26:24 PM
i ask this as some businesses are trying to figure out a way around the 10 minute confirm times by atleast seeing the transaction history of the customer

i see on blockchain info that it does list transactions even without a confirmation. is there a way for EG satoshi dice to check the senders address for any other transactions that they have sent within the last 5 minutes before the satoshi dice received theirs and decline the payment for instant use if there was more then 1 unconfirmed transaction within 5 minutes prior to the transaction.

meaning that customers who only do transactions with atleast a 5 minute gap from a previous transaction elsewhere will get an acceptable instant use acceptance.
17184  Economy / Games and rounds / Re: [ROUND 1] Access my BrainWallet and take the POT in only 20 Questions... on: December 23, 2012, 07:18:55 AM
if you promise to answer the question truthfully i need only 1 question to ask, to be able to guess the passphrase. i will not cheat as the answer will still require amount of guessing to be done to solve it.

Q1: Removing one letter from the passphrase, what is left?

 Grin
17185  Other / Politics & Society / Re: On The Morality Of The Fed on: December 22, 2012, 04:06:13 AM
and the point of this quote? it appears to be a quote from a blog which a guy named tyler durden quotes from. which i think is a bitcoin forum user also...

but wheres the original source and who originally said it?
edit here is the person that originally said it
http://www.gurufocus.com/holdings.php?GuruName=Seth+Klarman

here is a more detailed and slightly more 'from the source article
http://www.gurufocus.com/news/193825/seth-klarman-questions-morality-at-the-federal-reserve

but unless its a quote from the FED making an apology and admission of guilt or even outlining a plan of change then i still dont see the point in the quote..
we all know the FED is not 'for the people' so this quote reveals nothing new. nor related to bitcoin
17186  Bitcoin / Bitcoin Discussion / Re: GOATS! on: December 22, 2012, 02:47:28 AM

i totally agree .. most charities are out to fill their pockets more than spending the cash on the end results they advertise.
i personally do not donate cash to charity for this reason. i do however donate food to food banks, and animal feed/bedding to RSPCA's.

you probably find out if digging deep enough into the facts that a goat only costs $20 and oxfam takes a $30 cut..(not a fact just an stab in the dark so dont quote me)

that beign said some money is better then no money to some of the causes that are not in your town and oxfam is a darn sight better then someone paying $120 for the exact same goat by using heifer as the middle man. atleast with coinlabs $120 donations 2 goats will reach the needy people via oxfam as oppose to heifers one goat. so i hope coinlab change who they donate to.
17187  Bitcoin / Project Development / Re: <Bounty> 1 BTC for the least worded T-Shirt on: December 22, 2012, 02:28:28 AM


seeing as i inspired the bounty i might aswell try following some of the rules
17188  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin? (In 21 words) on: December 22, 2012, 12:26:04 AM
bitcoin is much like paypal for payment transfer but the fee's are ALOT smaller and not regulated/controlled by one company.

21 words i think  Grin
17189  Economy / Service Discussion / Re: Torwallet Scam? on: December 22, 2012, 12:22:55 AM
the quote "We do not log any information except the current account balance. " suggests to me that they have your private keys.

much like blockchain.info

the most secure solution is to download a torrent of the latest block(helps speed things up) and use bitcoinQT. but route the QT client through tor.

17190  Bitcoin / Bitcoin Discussion / Re: GOATS! on: December 22, 2012, 12:02:07 AM
heifer is classed as charity sponsers/advertisers/campaign managers.. not charity ground troops doing the hard work for the needy.
Do you have proof of this?

read my last message
https://bitcointalk.org/index.php?topic=131801.msg1413874#msg1413874

its their partners that are the actual ones doing the hard work.

you honestly think heifer pays oxfam to get goats, and then takes the goats away from oxfam to then work with the families that need them..

lol they pay oxfam $50 and oxfam do the work.. end of story
17191  Bitcoin / Bitcoin Discussion / Re: GOATS! on: December 21, 2012, 11:14:31 PM
heifer keep the $70 difference...

its organisations like oxfam which teach people how to deal with goats. and they do it for $50..
heifer is classed as charity sponsers/advertisers/campaign managers.. not charity ground troops doing the hard work for the needy.

i would not call it an outright scam until there is proof that $0 ends up as a goat. what i would say is definetly a huge chunk of the cheese never reaches the needy. and its a insuffiencent use of peoples goodwill.

coinlab if you are reading this. drop all ties with heifer. and make it an oxfam buy a goat scheme instead.

same rules apply: people mine for bitcoin you cash out the bitcoin and buy a goat directly with the charity that actually buys goats.

we dont want to see our good will of $120 being only used for $50 of actual charity work

get rid of the middle men. no one minds a 5%-10% admin fee's.. but not a 60% fee for just going to the oxfam website and pressing a few buttons
17192  Bitcoin / Development & Technical Discussion / the many questions of bitcoin on: December 21, 2012, 10:02:27 PM
i think instead of getting people to read though wiki pages and thesis's of MIT grads and other people to work out the mining and client functions it needs to be simplified
maybe a weusecoins mini series should be developed getting more and more detailed as you progress through the video 'episodes'

addressing matters such as what function a miner contributes to the network and what a node client contributes to the network.

many newbies and non tech savvi people have these questions, i have been asked these questions and these are question i too had once i got past the first part of downloading a client.

who confirms transactions? miners or node client wallet?
what does a node client wallet do that a webwallet service (no blockchain download at user end) does not do?
is the only use of a node client wallet to spread the blockchain to the masses to ensure government cant just take down a single source IP of the blockchain/ prevent a DDOS attack on the blockchain to destroy bitcoin?

weusebitcoins is a entry level video. there needs to be a intermediatory video that gets a little more technical without all the hundreds of pages of reading just to answer a few basic questions to aid newcomers adoption of bitcoin and understanding of the principles.

this will help people realise the differences and make a proper decision on whether they want to use the QT wallet or other wallet services as well as get answers to the 'how do you make coins" mining questions
17193  Economy / Service Discussion / Re: LocalBitcoins BEWARE of fraud!!! on: December 21, 2012, 07:22:19 PM
pubs/bars/coffee houses are more likely spots to meet.. the main point is use localbitcoins for face to face, and bitcoin OTC for non face to face (more chance of fraud transactions) as they atleast have a reputation system to weed out the majority of scammers.

and if a non face to face transaction is requested and refusal to use bitcoin OTC's reputation checker happens.. then don't do the transaction.

its common sense that if they dont want to meet, although they supposedly live in your area to have found you and they dont want to be background checked for trust then your just asking for trouble by continuing the transaction.
17194  Economy / Service Discussion / Re: LocalBitcoins BEWARE of fraud!!! on: December 21, 2012, 07:10:15 PM
using localbitcoins.. to not do a face-to-face meet???
you might aswell of just used the bitcoin OTC..

i would only use localbitcoins for face to face cash in hand for bitcoins sent via smartphone, spending atleast 10 minutes (one confirm) to have a little chit chat and develop a business relationship, as you never know when you may want to meet up again. ofcourse meet in a public place and if you see someone with a baseball bat, don't believe he just came from a ball game, and run! Grin
17195  Other / Meta / Re: Who would pay to use this forum? on: December 21, 2012, 06:57:25 PM
i vote for donations to continue. but forcing newbies to pay is unfair to them. if a fee does become manditory, then maybe implement a fee at 500 posts or something so that those who have found the website useful and became developed enough in the community because of the forums, pay a donation.

and tighten the troll gates so that scammers get instantly banned if enough proof is given, that'll keep it clean.

making newbies have to pay just to ask questions to become part of the community, will just leave them on the outside. making this forum turn into one of those "bankers boy's clubs" where only those with money to throw away have the privelidge
17196  Bitcoin / Bitcoin Discussion / Re: Smeared private key on bitcoin bill. on: December 21, 2012, 06:49:43 PM
lessons to be learned if using a inkjet.. USE FIXATIVE SPRAY!! its a kind of varnish.. google it.

or use colour laser printers
17197  Bitcoin / Bitcoin Discussion / Re: Let's Discuss "Give a Goat" on: December 21, 2012, 06:47:58 PM
ill just link my reply to the other thread

https://bitcointalk.org/index.php?topic=131801.msg1413874#msg1413874
17198  Bitcoin / Bitcoin Discussion / Re: GOATS! on: December 21, 2012, 06:43:32 PM
heifer international do not supply the goats.. their partners do

guess who the partners are.

OXFAM

heifer make profits.. oops that word should not be used when they call themselves non-profit.. so lets use the phrase, huge managerial labour costs.

so get rid of the middleman and put the cash through OXFAM send 2 goats to the needy instead of just 1

Quoted for importance.

Source please?

ok image from heifer website

the quote "this great investment allows our partners".blah blah

so lets check out the partners
http://www.heifer.org/inside/our-partners
click on non-profit and top of the list is bothar

ok now look into bothars partners
scroll down to the title "walumba Women's Draught Cattle Project" and oxfam is listed as partners
http://www.bothar.ie/index.jsp?p=191&n=206

i know that bothar is linked with oxfam for the supplys stuff.. but heifer is not a goat SUPPLIER.

heifer ask for 120.. but oxfam/bothar only ask for 50/55.. so i would prefer to give oxfam the 120 so they can buy atleast 2 goats and 40% towards a 3rd goat. which adds up the more that is donated.

heifer keeps atleast 60-70 of funds..

i got nothing against a charity that atleast gathers some money for worthy charities as its better then no money.. but for the most effective use of the money. give it to oxfam
17199  Bitcoin / Bitcoin Discussion / Re: GOATS! on: December 21, 2012, 01:39:06 PM
heifer international do not supply the goats.. their partners do

guess who the partners are.

OXFAM

heifer make profits.. oops that word should not be used when they call themselves non-profit.. so lets use the phrase, huge managerial labour costs.

so get rid of the middleman and put the cash through OXFAM send 2 goats to the needy instead of just 1
17200  Bitcoin / Bitcoin Discussion / Re: Interesting and slick scam on: December 20, 2012, 09:03:08 PM
the fake hang up trick is a well known scam these days

the other scam is saying that they are the telephone company and a bill needs to be paid that day. if the person does not believe them they say they will prove they are the phone company by temporarily cutting off the phone line when they hang up.

when in actual fact they just mute the call so that the victim does not hear a dial tone. and cant dial out.

5 minutes later the scammer calls them again and informs them if they do not pay immediately then the next cut off will be permanent incurring further costs and a 30 day delay in reinstating the service.

never give any details to people that call you. in the UK this is called cold-calling. don't be convinced by a single phonecall that you were not expecting to receive, demanding personal banking details.
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