and every greedy bugger will proclaim they are dirt poor. welfare scammers are already rampant in most countries, imagine the extent in the pseudonymous crowd.
i think those that have the internet have some form of income coming in, thus a welfare campaign is not actually required for the bitcoin crowd. because bitcoin will never overtake a government, it will only work along side it.
the only possible time a welfare system for bitcoin would be required is if a GENUINE non governed island was created.
that said i am all for philanthropy and charity. but welfare is not something the community should concentrate on
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im not even american yet i know the history of the wild west, all those bank robberies, train robberies etc that happened back in the days when gold mining was big.
what happened next was that people secured their possessions better and found different ways to make some income.
i agree that mining will drop from a thing 99% of people (in the community)will do, to something that under 10% of people will do, where the other 90% will move onto opening shops, offering services in exchange for bitcoins.
after all in most countries 1BTC right now is worth about 1.5 days at minimum wage. so those not earning a minimum wage, will find other methods of gathering atleast 1btc per day or two.
as long as we all work together to spot the scams, to keep them to a minimal then honest trading and business can flourish
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by qualified i think he means someone that hands over a deposit to him blindly to show their interest... quite funny how ALL of the images are google images. if this guy lived there he should have personal photo's of the area. not googled images
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simple solution, dont tell people that know your address you have an avalon.
the next solution is to bolt/cement it to the floor. any standard thieves only go for the easy items to lift in under a minute. the only people that would waste time trying to unbolt an avalon are people that know what it is. which brings me back to the simple solution
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Well, it might work as leaving it as BTC. I'm just concerned about security though. If someone hacks the in-game currency, they might wreak havoc in-game, but if someone manages to get into the BTC wallets, that'd be far more devastating.
Also, sorry about the wrong forum. If a mod would like to move this, that's fine. I was under the impression that the dev forum was strictly for BTC itself, and not other/related projects.
the actual bitcoin stays safe in offline wallets once you sweep them from users individual addresses.. so they are safe..but what the last person meant was rather then having the game DATABASE call the balance.. gold or rabbit credits.. how about just name them bitcoins or satoshi's depending on how much division you want.
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depends if you want to link it to a bitcoin-qt, or blockchain.info wallet to control the fund inputs. the laymans wording of what is required is create a new bitcoin address when a user signs up to your service. log this public key on the members database and put the private key somewhere safe away from the game server. have an api that checks the balance of the public keys and then adds value to the memebers balance in the game database. blockchain.info has some great API's which can be used with their wallet to inform the game server that a payment has been made, aswell as sending commands to then sweep the funds to a more secure and private address away from possible hacks. it may be best you seek advice in the developers sub forum. but this should also get you started http://blockchain.info/api/blockchain_wallet_api
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quick tips
say you had 100 bitcoins.
break them up into 10-20 lumps of 1-20btc each
place them randomly down the order line.
this makes it easier for you to manage: holding you position EG if you had 100BTC at a price and someone puts an order in at same price, your order gets eaten first and then theirs. but if you suddenly decide you only want to have 10btc at that price, you have to cancel your order and re order again, making you second place inline. where as having 10 batches of 10btc at that price you can cancel 9 of them, leaving one in pace and still beat the queue.
never throw all eggs into one basket by having lumps of 1-10btc as oppose to throwing the whole order in at one line. you can free your funds to invest into other alt currencies, or more importantly of the 'trend' chances direction you still have funds available to move with that trend.
wall creation on BTC-E anything more then 10BTC (sometimes even 2btc) can be considered a wall, which some noobs notice and think to themselves the price wont go beyond that order, thus changing the trend into the other direction.by having split orders you can free your funds to ensure they dont create walls, thus get the order filled easier. or by piling your spare orders on existing orderlines just to create a wall.
sell high / buy low if a order gets sold.. then the price keeps rising, buying in again above your sell price is reducing profit. especially if the second you re-buy. the price tanks.. meaning you sell at a loss.. you have technically lost twice.
by having split orders when a sell happens, put it as a profitable buy order price and leave it. use the other spare funds to move with the trends. dont be tempted to buy/sell at a loss.
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bounties for scammers does not work. its been tried.
many people have said they will pay anyone X to find out who belongs to bitcoin address. xyz..
scammers come along put that address in a edited message from 10 months ago on a known scammer account they use to have.
and then using their clean account would say "look what i found".
basically ripping more money off of you. they even add false documentation to old necro messages that include fake email addresses, domains, home addresses all supposedly owned by the necro scammer username. purely to ensure there's enough dox to get the bounty.
the best thing is treat bitcoin like paper money. what would you do if a stranger you never met offered to sell you something.
just because it's bitcoin doesnt mean you can't do due diligence first.
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also, dont download stuff that you have not compiled yourself or came from legitimate corporations own DVD..
if you want to play cracked games and torrent downloaded crap, dont do it on the same computer you use to store your funds
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Mining difficulty explodes. Bitcoin user unaffected.
If someone needs to be in on the production of the money supply in order to use the money, we have a conceptual flaw.
miner != regular user
over a hundred years ago when any man and his son could go out and mine for gold.. everyone got their hands in.. now are the days of the excavators, and people moved on to open shops, manufacturing and other methods of income to support themselves.. this is that time with the bitcoin economy. a swing away from mining, and into manufacturing/retailing for bitcoins is where people need to concentrate their profiting minds
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agreed, if its against their rules then you should request to see the rule book
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hmm so bitbill's is the new 'treasury' office of bitcoin.. ? the only ones legally entitled to make physical bitcoins if the patent is granted. if true, this goes totally against the grain of bitcoins freedoms. edit: 0077] FIG. 9--Bitbills are Bitcoins in tangible form meanwhile litecoins are unaffected
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Don't forget that your'e paying twice as many fees if you're converting twice.
0.2% LTC/BTC(btc-e.com) fee + 0.001BTC (btc-e.com) withdrawal + 0.6% BTC/USD(mtgox.com) fee 1000LTC is 2LTC fee = $5 0.001 withdrawal = ~90c 0.6% mtgox fee = $15 under $25 in fee's for over $200 in my original example. but yes that was all just an example of a trade that could yield $175(after fee's) more dollars. and it is advisable you do watch out for the fee's
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I want to order some food with Bitcoin, I live in SE London UK and I am curious what options are available? I have come across a couple of sites although most cater to the US rather than the UK, delivery to the UK is crucial. Any suggestions? send some communication to just-eat.co.uk and hungryhouse.co.uk. tell them about bitcoin and how https://www.foodler.com/user/Bitcoin.do in america is already accepting bitcoin. also mention the pubs around london are accepting bitcoin. a few of us have done this.. but the more we all poke at them and show there is a demand. the better the chance of them accepting it
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selling litecoins to dollars straight on BTC-E is less value then selling litecoins for bitcoins on BTC-E and then moving bitcoins to MTGOX/Bitstamp which have a higher bitcoin pricetag (most of the time)
EG right now
BTC-e.com LTCUSD for 1000LTC = 2612.40 USD but LTCBTC for 1000LTC = 28.64 BTC BTCUSD for 28.64BTC = 2594.78 USD
but MTGOX.com BTCUSD for 28.64BTC= 2813.88 USD
so converting to BTC and sending BTC to gox adds $200 value
adding to that just 1 hour before posting this MTGox was $104 meaning the potential for profit could have been better if well timed.
(warning: maths above is only accurate at the timestamp of this message, profits may not always occur so don't use this as a rule)
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lol he is in his 20's yet acts like his mother refuses to continue breast feeding him....
he needs to get his act together and take responsibility for himself..
to finshaggy:
your an adult now. your actions now are linked to your own responsibility. get over the past. and dont blame actions you do today on what happened in the past.
your a big boy, so wear your big boy pants and control your own life. starting with not begging people around you for funds
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a 4 digit combination lock.
you say it will take 9999 attempts to brute force the lock open.. WRONG. It will take an average of about 5000 tries. Generating a collision with a specific 160 bit address requires an average of 2 159 attempts. so a 4 digit combination lock.. one guy has 0002 i brute for attack starting at 0001 in increments of 1 digit.... found 2nd attempt. now imagine there are 9 other people with random 4 digit combinations.. it is not 9999 chances just to get a used number.. its a MAXIMUM of 9999 chances. and a minimum of 1. there are more then 1 bitcoin address in existence so divide the MAXIMUM possibilities, by the addresses in existance. and you will have a more accurate value of chance to collide.. saying this is not to cause panic. and others trying to fluff over the numbers, hiding the truth wont help either as thats concealing the truth from people. atleast the bitcoin foundation is working on a solution for this, as collisions are a thing to be weary of. EDIT: it would take that high number of chances everyone talks about to find a SPECIFIC address. but to just randomly collide with a used address is much much much lower
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some people have no clue about maths and randomness
the only time to truly say that it would take trillions of attempts to collide is if there was only 1 address in existence that had the hex code of all F's and a brute force machine began at 0's in increments of 1 digit.
the reality is that there are millions of people using bitcoin all with atleast 2 addresses, and some merchants ploughing through hundreds of random addresses per day. making the amount of existing addresses quite high.
and those addresses are not at the end of the hex range. they are randomised throughout it.
so it IS POSSIBLE that out of trillions of addresses
the person can come across a used address on the 10th chance of brute forcing. and then never get a second positive result for the rest of the trillion attempts
the person can come across a used address on the 1 millionth chance of brute forcing. and then never get a second positive result for the rest of the trillion attempts
the person can come across a used address on the 1billionth chance of brute forcing. and then never get a second positive result for the rest of the trillion attempts.
research the word RANDOM..
hmm.. if this cannot be comprehended. lets simply it.
a 4 digit combination lock.
you say it will take 9999 attempts to brute force the lock open.. WRONG.
if i have the combination 0002 and another person had combination 0200 and 8 other people had other random numbers..
will it still take 9999 attempts to hit a used number..
it could take 2 chances or 9999 chances or any number inbetween....
your maths of the 2^160 is the MAXIMUM chances.. not the minimum...
collisions can happen..
sorry to inform you of this.. and now you knwo why gavin and TBF crew are dealing with this with version 9 of bitcoin-QT
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lets say you had $1000 to invest. the wise thing would be
example 1: buy 500 fruit of the loom T-shirts for $1 each (keeping $500 for delivering). sell them for bitcoins at a $3 bitcoin value. that way your $1000 is spent buying stock and delivery charge to customers. and you now have $1500 worth of bitcoins.
then use that to sell $1000 of bitcoins. and rinse and repeat. keeping $500 worth of bitcoins per repeat
example 2: find a upcoming service that you see as bringing alot of benefit to the community. buy into it as a partnership, then reap the rewards once its live.
example 3: put the money on the markets, buy low sell high.
we need more people doing things like example 1/2 and less of the example 3..
each 'investment' has its risks so investigate which niche suites you best and what to use the funds on.
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your randomly created change address seems to be one of the many millions of addresses already in use. you have just won the lottery. i suggest not using that address as obviously someone else has it too.. i dont think this is the first time a address 'collision' has occured which is why v9 of bitcoin-QT will start using messaged to allow recognition of transactions, to avoid merchants using fresh addresses per transaction. thus reducing the chances of 'collisions' becoming a regular thing. most people think that there is no chance of a collision unless you create billions of addresses. the actual fact is that you have 1 chance WITHIN those billions of addresses.. so it could be the 10th address you make or the 9,999,999,999th address or so on.
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