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441  Economy / Collectibles / Re: Casascius 10BTC Silver Round /w Gold B on: March 19, 2015, 03:57:21 PM
The only way this will be worth a fortune is if Bitcoin is worth a fortune and therein lies the paradox!  Smiley

The paradox being that nobody will pay $200,000 for a privately-minted silver round with $100,000 of BTC on it?

Anyone holding 10s or 25s long-term in the hopes of making a fatter profit years down the road is either insane or has poor extrapolation skills.
442  Economy / Collectibles / Re: casascius 2013 brass 0.5 and 1.0 individuals and sealed rolls on: March 19, 2015, 03:55:01 PM
Unless I'm mistaken, the take-away here is that one should always be aware of their country's import regulations when purchasing products from international sellers.
443  Economy / Auctions / Re: Casascius 10BTC Silver Round /w Gold B on: March 18, 2015, 05:50:14 PM
Bid 18.5 btc

Now THAT'S how you squat an account.
444  Economy / Auctions / Re: Casascius 10BTC Silver Round /w Gold B on: March 18, 2015, 04:02:59 PM
Pointless to bid, but I will offer 16BTC

I match this bid.

I lowball you both with 14 BTC and also require PGP docs.
445  Economy / Collectibles / Re: Casascius 10BTC Silver Round /w Gold B on: March 18, 2015, 03:38:57 PM
Too true -- the root of the problem is personal responsibility.

That said, the more I can encourage the use of PGP, the better!
Maybe bold red messages saying "check that I am the real *user*, if you are PM'd"

Plenty of threads with bold red "THIS IS THE ONLY PAYMENT ADDRESS" in the OP -- would be curious to know how many of those get targeted for scams.
446  Economy / Collectibles / Re: Casascius 10BTC Silver Round /w Gold B on: March 18, 2015, 03:13:05 PM
Too true -- the root of the problem is personal responsibility.

That said, the more I can encourage the use of PGP, the better!
447  Economy / Collectibles / Re: Casascius 10BTC Silver Round /w Gold B on: March 18, 2015, 02:12:59 PM
To his/her defense, bitcointalk makes it FAR too easy to scam people by allowing such nicks to exist (with special characters).  ` and ' and . shouldn't even be allowed as part of the username.  And, once it is obvious as it is, the scammer/squatter nick should simply be blocked from use.

Agree 100%.

To be honest, I/l and O/0 are way more of a problem. If you don't notice a ` at the end of someone's nick (true sign of a scammer, hey Michail? Cheesy), there's no amount of rules gonna help you.

Probably a good idea to start pgp-signing all OPs in marketplace threads.
448  Economy / Collectibles / Re: [WTB] Casascius coins with PGP chains of custody on: March 18, 2015, 02:10:02 PM

Sent you a PM four days ago... was this post just a tease?  Huh
449  Economy / Collectibles / Re: Ultra Rare 1BTC Silver-Gold Round /w "The Golden Heart" error! on: March 18, 2015, 02:08:18 PM
At the risk of asking a silly question, got PGP docs for this coin or the 10?
450  Economy / Collectibles / Re: [WTS] Ultra Rare 1BTC Silver-Gold Round /w "The Golden Heart" error! on: March 17, 2015, 06:29:56 PM
I'll start the bidding again... This time my offer is 4.5BTC.

Is this still the highest offer?
451  Other / Meta / Re: CanaryInTheMine is further abusing the trust system [Edit] on: March 17, 2015, 03:44:58 PM


^ this thread.


YA KNOW, GUYS, if you just removed the default trust list altogether and started using the forum's trust system like the OTC Web of Trust (or even better, if you grew up and learned PGP like the rest of the adults), this would be a non-issue.

The *only* bit missing is the PGP tie-in. That's it. It boggles me that there's a superior system being used in the bitcoin world right now that can be almost completely mapped to this bogus forum trust setup, and nobody knows/cares.

"New users get the wrong impression of who is trustworthy."
So get rid of the entire Default Trust list.

"But then new users won't know WHO to trust."
Fuck them. They need to learn.

"But then I'll lose my fancy green rating text"
Fuck you. Who cares.

"But people will have to do research in order to determine whether they trust someone or not."
Imagine.

To further drive home the point that every single goddamn one of you who is not present in the OTC Web of Trust is doing this entire trust thing perfectly wrong, I'll paraphrase from the Romanian whom everyone loves to hate.

Quote
I. The Web of Trust is not, as the name would seem to imply, an oilfield in which trust plays the role of oil, and you deploy some apparatuses and other devices to extract the trust therewith.

Trust is not in the web, that or any other web. Trust is not in the wording, not on the paper, not in the symbols, or certificates, or seals. Trust is not in others and other things, but much like faith - for which it serves as a ready synonym - trust is within oneself.

The Web of Trust is merely the infrastructure upon which trust is built, by you, for your own use, within yourself. The same objective set of relations can result in drastically different trust in the eyes of drastically different third parties. The point of the WoT is not to make these judgements for you.

II. The WoT works by reducing the unknowns problem.

It allows the user - any user - to confidently identify the sources of information, both in the negative and in the positive. That is to say, if sources of information exist, the user may by the WoT find them, and safely assume that should no sources of information be thus found, no sources of information in fact exist. It further allows the user to judge the quality, reliability and precision of said sources, and this independent both of the direct source and of the counterparty he's examining.

III. How to use it. Let's understand what all this means with a simple example. Consider the village of Wotania, wherein there exist exactly 100 agents, all participating in the Wotania WoT, and wherein strong currency is used for all transactions. Suppose Joe wants to buy a used car from Moe. While the currency he'd be paying Moe in is strong, the car he's buying is anything but, and so Joe would like to evaluate Moe before paying him. What's he to do ?

First off, he should evaluate Moe's relevancy. Obviously since there are 100 agents in total, the highest score any one agent could achieve in the WoT would be 990. This would reflect the situation where one particular citizen was considered as perfectly known by all other citizens. Thus if Moe has accumulated a score of 33, this clearly shows that at least 4 of the agents know him, which roughly means one in 25. If Joe knows 80 agents personally, but none of the agents he knows rated Moe, this makes Moe suspect on the first pass.

Sure, it's possible that Moe is only known to the minority subgroup of 20 agents doing things with cars, and within that subgroup he's quite well known, whereas Joe is strictly a part of the Wotania web industry, and they walk everywhere. However, this is something that Joe can evaluate by himself, without having any need for Moe, and without needing to ask him anything. For instance, if the island has a total of 3 car manufacturers, and all of them are in Joe's 80, Moe's position suddenly became untenable. Sure, it's possible that used car salesmen are completely separated from car manufacturers in the manner car people are separated from web people. But it seems less likely (and the likeliness of it is, again, fully within Joe's estimative hands).

Leaving that aside, if the average rating in Joe's WoT is 3.14, whereas Moe has received his 33 trust from exactly 4 people, averaging thus 8.25, there's suddenly exposed a very strange divergence between the two groups. Sure, it is legitimately possible for Moe's subgroup to be much more tightly knit, and thus his friends much more familiar with him than is the case in Joe's group. This happens, but not without other consequences, which again add valuable information into the credibility equation.

Or suppose instead that Moe's rating of 33 was provided by 10 people, yet still none of them are in Joe's reach. Somehow it is possible that out of 10 different people, 10% of the population of Wotania, nobody had any dealings with the 80 people Joe knows. They live on the same island, they go about their daily business, yet no one's ever met. Possible, especially if one lives in the US, but also improbable, and in this improbability, informative. Because this is the point of the WoT : its factual information reduces to a pile of factually correct statements, which all work as probabilities, and it's trivial to calculate the likeliness of a fact that depends on a number of other facts with known likelinesses : you just need multiply. 0.2 here, 0.5 there, 0.66 and another 0.15 suddenly you're at 0.8% which may well be under your risk tolerance threshold.

But let's say that out of Moe's 10 raters, 3 are in Joe's WoT. One supplied 3 points, the others one point each. Joe directs his questions as to Moe to each of them :

Quote
Dear Sue, Hue, Lue :

I am considering buying a used car from Moe.

I see that you have rated him in the past. How did that go ?

To which the three are held to answer (and the treatment for non-answering is again an informative variable, whose treatment rests with Joe) in the canonical form :

Quote
Hi Joe!

I bought a pair of shocks from him April last. They were broken, but he refunded my payment without much hassle.

All the best, Sue.

or

Quote
Hi Joe!

I bought a car stereo from him. It had a big scratch on the side and some other misc damage, but he let it go real cheap.

All the best, Hue.

At this point, Joe knows, but quite exactly, what the story with Moe is : he's a small time car thief, and he's trying to make ends meet by selling whatever car parts he can get his hands on. Simple, really.

Alternatively, of course, he could be a very reputable used cars salesman. 0.8%, or as the clueless say, “it’s impossible to call it one way or the other”.

The important parts here are the easiest to overlook :

i. All this was established with no input required from Moe. Sure, if you want to get fancy you could easily ask a few choice questions just to see how the guy answers. But at its core, simplest, most barebone functionality, the WoT does not require you to talk to your subject of interest, at all.

ii. The process works universally : If it worked you know it worked, and of what quality its results are. If it failed you know it failed, and why and how come. It has, in other words, exactly the opposite properties to those decried by Naggum in his Lisp advocacy misadventures piece.

iii. Especially considering the alternatives, this is mindbogglingly cheap. In fact, I am ready to argue that the savings this model brings are, both in aggregate and on a percent basis, more significant than the savings Bitcoin brings in payments, or provably-fair in gambling.

So why isn't it used more often ? Because people are stupid.
452  Economy / Collectibles / Re: casascius 2013 brass 0.5 and 1.0 individuals and sealed rolls on: March 17, 2015, 02:02:50 PM
And all the law abiding citizin´s here Smiley, bet you all register every single bitcoin you have to the state and pay taxes on them, o no, no-one does that

Huh You guys don't report your income from BTC? But this place is obviously being watched by the tax man! Huh
453  Economy / Auctions / Re: ►฿---CASASCIUS COIN AUCTION - 2day auction on: March 16, 2015, 01:59:08 AM
I bid 1.25 on the condition that the PGP chain of custody is included.
454  Economy / Collectibles / Re: [WTB] Casascius coins with PGP chains of custody on: March 14, 2015, 10:48:15 PM
Do you mean that most coins without PGP docs are counterfeit/fake or compromised?

I mean that it's difficult to find coins with PGP docs, and I want to know who has owned the coin before it came to me.

Nubbins is more worried about 10 years down the road

I'm also worried about 100 years down the road  Smiley
455  Economy / Collectibles / Re: [WTB] Casascius coins with PGP chains of custody on: March 14, 2015, 10:40:14 PM
I've said this before, and will say it again.

Yet I want what I want, just the same  Cool


stuff

stuff

Sending both of you PMs shortly.
456  Economy / Auctions / Re: Casascius 0.5 BTC Silver Series-2 physical bitcoin: NO RESERVE, 30-DAY AUCTION on: March 13, 2015, 01:27:43 PM
The hell? I even clicked the link in the preview this time before submitting...

http://pastebin.com/raw.php?i=CTYik77h  Roll Eyes
457  Economy / Auctions / Re: Casascius 0.5 BTC Silver Series-2 physical bitcoin: NO RESERVE, 30-DAY AUCTION on: March 13, 2015, 01:06:38 PM
ATTENTION: TYPO IN OP.

I had intended to start the auction at 5 PM but got sidetracked. The adjustment window should begin at 7:30 PM, not 4:45 PM.

Quote
Bids placed after 4:45 7:30 PM on April 2, 2015 and before the auction end will reset the auction end time to (bid time + 15 minutes).

PGP-signed copy of auction text: http://dpaste.com/1Q2PFVC.txt

Interested parties are encouraged to verify!

Dpaste deleted its copy before it was supposed to (or maybe I just set the expiry date wrong...)

Either way, fresh PGP-signed copy of auction terms, set to expire in 1 month: http://dpaste.com/2NR4872.txt

I urge everyone who knows what they're doing to verify the linked document.
458  Economy / Collectibles / [WTB] Casascius coins with PGP chains of custody on: March 13, 2015, 12:50:50 PM
I *know* they're out there. Post details and asking price below.

N.B. The forthcoming complete lack of offers should be kept in mind when bidding on my coin which has PGP docs.
459  Economy / Scam Accusations / Re: TECSHARE is a liar and a vindictive abuser of the trust system. on: March 12, 2015, 01:31:53 PM
Like WoodCollector, TECSHARE also prolongs the argument way longer than necessary, dredging up the same tired arguments and completely avoiding all direct questions asked of him. As if it's a war of attrition and they're not scammers/liars if they just hold a parallel discussion for long enough.

Two peas in a pod!
460  Economy / Collectibles / Re: 🌟 TRADE Your Physical Cryptos HERE 🌟 on: March 12, 2015, 01:38:30 AM
Price guides + becketts are the reason people are informed of the price of collectibles. They arent only used for trading guidance either but a number of other things. Without price guides the exact situation would happen as it is here where people are confused on the price of something and then they get ripped off. It's hard to put prices on crypto coins because of the limited market for them but there is a ball park estimate of what each coin is worth.

Fair enough, you're right on both counts. These things are harder to price than bitcoins themselves Cool
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