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301  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 16, 2014, 09:25:33 AM
Interested in trades?

Yes, potentially. PM sent.
302  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 15, 2014, 11:51:42 PM
Bump: added low mintage series 2 lealana 1ltc coins.
303  Bitcoin / Press / Re: [2014-08-13] The Government Is Trying To Explain Bitcoin to Normal People on: August 15, 2014, 09:43:01 PM
That sounds about right pretty much a vicious circle of blame and your money is gone like the wind...

Referencing what I wrote about chip and pin and why I suspect banks are keen to implement it:

TBH, I'm amazed the US doesn't do chip and pin yet.
Is it effective or good?

Chip and PIN is good for the bank: it allows them to allocate blame to the customer if a card is used without the customer's permission. Here in the UK several of my friends have had their card and PIN taken and used and in most cases the banks have refused to replace the stolen funds. There are several ways a good thief can get a user's PIN without them realising but generally a careful user can keep this secret.

Chip and PIN is has been tested in the UK for the last decade and a half and I believe parts of Europe with a plan to roll it out globally eventually. The banking industry takes ages to innovate though, the chip and PIN design has been around for at least 50 years since about the mid 1960sand still has yet to make an appearance in some developed countries. See this BBC item on it from the time:

http://www.bbc.co.uk/archive/tomorrowsworld/8012.shtml

Chip and PIN is actually quite an antiquated system that uses no form of cryptography to protect the user at the point of sale: cards can be skimmed easily as there is an unencrypted bit on the magnetic strip that tells the card reader if it's a magnetic card only or has a chip too. Meaning malicious users can replicate a card, set that bit to '0' and then sign fraudulently to make purchases. I think the rate of technology progress in the banking sector only highlights how incumbent the industry has become.
304  Bitcoin / Press / Re: [2014-08-13] The Government Is Trying To Explain Bitcoin to Normal People on: August 13, 2014, 08:51:24 PM
That is not true. Go to your bank, and try to claim your money back, when your online account was hacked.

1. First thing they will do, is to accuse you, for having bad "security" on the device, you used to access "online" services.
2. When they do not find weakness on your device, they blame the ISP and the 3 way finger pointing start, and go into a never ending circle.
3. You have to report it to the police, but they do not have skilled people to track and trace hackers. {Case closed}
4. The reserve banks, wash their hands, because it's a issue between the customer and the bank.
5. Then you sue them, and spend more on "court" proceedings, than the money, you lost and you still loose, because they can afford better lawyers.

In the end, you have to take the loss, and go on with your life.

So do not believe the shite these people are peddling, to say, you have consumer protection, when you using anything other than BTC   

It happened to me, and to some of my friends, and it's always the same story.

+1
305  Economy / Collectibles / Re: List of physical cryptocurrencys and the mints who issue them on: August 13, 2014, 05:55:20 PM
Bump: Does anyone have any scans or photos of the gold edged casascius 1BTC and 0.5BTC silver coins?
306  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 13, 2014, 04:42:26 PM
I'm interested in some of the lealana litecoins (5 or so depending on price).
How much are you looking for including postage locally in UK?

PM sent.
307  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 13, 2014, 04:42:13 PM
...
I was not aware that there is circulating fake Casascius 1 BTC silver, is this verified by Mike? Can you provide me with a source for this information?
...

I was talking generally; there are some fake Casascius as you mention. The majority of my items have CoAs from Casascius and Lealana before they both stopped minting coins.

The CoAs are a PDF which contains both a scan of the coins in question showing their unique characteristics, the position of the number, inclusions etc and the document is verified with an adobe signature from the mint owner.

Thanks for your interest.
308  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 13, 2014, 04:38:14 PM
are these the 45 qty mintage?...

What do you mean by that? Could you give specifics?
309  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 13, 2014, 09:39:18 AM
Beautiful coins you have for sale  Smiley

No offense, but you might want to lower your expectations a bit - unless its is a typo.

Are you serious about 2.95 BTC for a ungraded  1 BTC Cas silver?

The 1 BTC Silver goes for around ~2.0 BTC at the moment.
(Blazzed sold a bunch 1-2 weeks ago for that price, and i have even seen them at 1.9 BTC not too long ago)

Of cause it is a free market, so you can set any price you like, but if you are serious about selling, then is a price adjustment needed.

Thanks for the info.

I appreciate some people like their coins graded by an independent party, but this gives no guarantee of authenticity. And apparently there are a few fakes around now.

Did the graded coins include a digitally signed Certificate of Authenticity from Casascius to prove they were genuine? If so I'll reduce my pricing.
310  Other / Politics & Society / [2014-08-12] RT - HSBC targets account of Syrian refugees in the UK. on: August 12, 2014, 06:30:21 AM
http://rt.com/uk/178900-hsbc-syrian-laundering-closed/

Quote
Banking giant HSBC has been accused of “shamelessly profiling” its customers after it closed bank accounts belonging to Syrian refugees and students in the UK.

The banks continue to do themselves and their customers no favours...
311  Economy / Collectibles / Re: Physical Bitcoins & Litecoins for sale – UK Based Seller on: August 11, 2014, 12:53:52 PM
Bump: stock availability updated. I may be getting these back in stock so do check availability with me.

I also have other coins so please check with me if you are looking for anything unusual.
312  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 04, 2014, 01:30:34 PM
Not sure if you've see this, but the Royal National Lifeboat Institution have just started taking bitcoin:

http://rnli.org/NewsCentre/Pages/RNLI-now-accepts-donations-in-digital-currency11.aspx
http://www.coindesk.com/uk-lifeboat-service-accept-bitcoin-donations/

I spoke to Luke Williams who's overseeing the bitcoin fundraising at RNLI.org and he'd not heard of Bitcoin 100. So I said I'd post to this thread to point you at them.

Can you guys take a look at the charity (it's big and well known in the UK) and possibly raise a donation:

https://rnli.org/howtosupportus/donatenow/Pages/bitcoin.aspx?utm_source=rnli-website-redirect&utm_medium=vanity-urls&utm_campaign=bitcoin

If you want his contact details please PM me direct and I can pass them on to you.
313  Bitcoin / Press / Re: [2014-08-04] Irish Times - Bitcoin raises its profile but investors demand more on: August 04, 2014, 12:24:28 PM
...
What is the Bitcoin Foundation paying devs for, if things are that bad?

+1
314  Bitcoin / Development & Technical Discussion / Re: Programmability of Coloured coins on: August 02, 2014, 11:58:23 AM
For example:

    1. Could an altcurrency be created using any of these which uses demurrage in the same way that Freicoin does?

    2. Could an altcurrency be created using any of these which destroys coins in the same way that PPC does per transaction?
Both of those are bad ideas, and they are possible (or will be shortly when better tools arrive).

I'm not advocating any of the above. I'm seeing if the block validation rules for coloured coins would allow such processes.

Thanks for clarifying.
315  Other / Off-topic / Re: [2014-08-01] Square.com - New U.S. Bank/Credit Card Requirements (EMV) on: August 02, 2014, 12:52:18 AM
TBH, I'm amazed the US doesn't do chip and pin yet.
Is it effective or good?

Chip and PIN is good for the bank: it allows them to allocate blame to the customer if a card is used without the customer's permission. Here in the UK several of my friends have had their card and PIN taken and used and in most cases the banks have refused to replace the stolen funds. There are several ways a good thief can get a user's PIN without them realising but generally a careful user can keep this secret.

Chip and PIN is has been tested in the UK for the last decade and a half and I believe parts of Europe with a plan to roll it out globally eventually. The banking industry takes ages to innovate though, the chip and PIN design has been around for at least 50 years since about the mid 1960sand still has yet to make an appearance in some developed countries. See this BBC item on it from the time:

http://www.bbc.co.uk/archive/tomorrowsworld/8012.shtml

Chip and PIN is actually quite an antiquated system that uses no form of cryptography to protect the user at the point of sale: cards can be skimmed easily as there is an unencrypted bit on the magnetic strip that tells the card reader if it's a magnetic card only or has a chip too. Meaning malicious users can replicate a card, set that bit to '0' and then sign fraudulently to make purchases. I think the rate of technology progress in the banking sector only highlights how incumbent the industry has become.
316  Other / Politics & Society / [2014-07-30] Video: Aljazeera - Money in Minutes on: July 31, 2014, 09:41:40 AM
Aljazeera's program Witness had an item on international remittances last night on UK TV covering services such as Western Union.

Sadly they did not cover the elephant in the room: Bitcoin. But it did delve into corruption within the industry.

A very interesting document, especially when you look at the new 'innovative' services that are being launched in this space.

You can see the episode here:

http://www.aljazeera.com/programmes/witness/
317  Economy / Trading Discussion / Re: Mining equipment, eBay and PayPal on: July 30, 2014, 07:51:35 PM
Thanks for this. I will see how listing it goes.

I'm aware that any item you sell on eBay that you cannot prove delivery for can be forcibly refunded by PayPal.
318  Economy / Trading Discussion / Mining equipment, eBay and PayPal on: July 30, 2014, 04:01:31 PM
Looking to list some mining equipment on eBay but I understand that there was an issue with this as PayPal were not allowing the transactions and freezing accounts.

Does anyone know if this is still an issue and if they have recently sold any mining equipment on eBay via PayPal?
319  Bitcoin / Development & Technical Discussion / Re: Bitcoin External Dependencies and Block Generation Time on: July 29, 2014, 10:22:13 AM
You can't adjust difficulty based on blocks alone.   Ok 2016 blocks have been completed does difficulty go up or down?  You need a second factor and that factor is time.  So Bitcoin is dependent on real world timekeeping however Bitcoin does a few things to minimize the influence of time on the security of the network.

Thanks for this. I thought that second factor was that the network could see the total hashrate being applied to it.

Where can I find out more info on the time stamping process?
320  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Stake Mining and NXT's and PPC's Implementations on: July 28, 2014, 10:24:07 AM
Second, the block generation itself is different:

Nxt - pseudo-random, but the next block generator can be determined from the current block (that is btw already implemented but not utilized to get 1000 transactions per second)
Peercoin - random (AFAIK because it is PoW + PoS)

This is more inline with what I thought. Asking about PPC specifically does the blockchain expect PoS then SHA-256 blocks in a set order of rotation or does one supersede the other based on criteria such as the number of available PoS wallets left open for mining dropping off?

How will the SHA-256 degrade over time?
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