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1321  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 16, 2012, 07:32:16 PM
WEP was a closely guarded secret and busted wide open.
NO IT WAS NOT.
the RC4 algoritm was until 1994. WEP was first used 1999. 5 years after the inner working of RC4 was discovered.
It was first in 2001 that the FMS-attack was done, that made it possible to crack RC4, and therefor WEP.
1322  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 12, 2012, 08:28:54 PM
Thanks I respect yours also.  No, I'm just saying for big thefts like the one's that have been happening I think there would be a big consensus in favor of disabling $87,000 worth of bitcoin.  Yes, I don't know all the logistics of how it would play out but I'm pretty sure we are all smart enough to figure it out.

Ok say I buy 20,000 BTC worth of Gold from you.  I pay you, you get the 6 confirms.  I walk away with my ~$100K in gold.  Then I report the coins stolen.  Oops you lose 20K BTC.  Even better I cal you up and threaten to report them stolen.  If you give me back 5K BTC I won't report them stolen. You lose 5K or you lose 20K.  Your choice.

Worse say I did steal 20K BTC.  I then buy some gold form you.  Nobody has reported them stolen ... yet.  I pay you, you get the 6 confirms.  I walk away with $100K in gold and then the original legit owner of the coins reports them stolen.  I stole the coins and lost nothing.  The owner is still out 20K coins and you are out $100K in gold.

Awesome system you got there.  Also there is no central agency in Bitcoin.  Who decides if a coin is disabled or not?  Someone with 51% of hashing power.  Awesome you just gave the govt an auto kill switch.  Gain 51% control of Bitcoin (even temporarily) and disable all 21M coins.  Game Over.

Blacklisting and destroying can work with the protocol as is. The biggest exchanges maintain blacklists and send any amount to /dev/null that sources from their blacklist unless the amount received already got that amount sent to /dev/null before.

If I send Bitcoins to MtGox and they destroy 1/1000th of them explaining it stems from that recent raid, I can take legal action against them but if judges start supporting this behavior there is little you can do in the protocol to stop it from happening. Now I can check where I got my coins tainted from ... ah .. SatoshiDice. I can demand my money back from this guy which would lead to him starting to use the black lists as well and as I don't want to hear from Gox how I had dirty fingers next time, I will also run the blacklists on my client.

Slippery slope but we are already on it. This will come the one way or the other.
nope people are just gonna use mixers of money for laundering:
http://en.wikipedia.org/wiki/Anonymous_internet_banking#The_underlying_mathematics
in short: this method can, by relining on a central anonymous authority, create anonymous untraceable "cash".
in contrast to bitcoin, where every transaction is pseudonymous, and not anonymous. and therefor traceable

the only down side of this is that it can't work distributed, as is needs a central private key, for the mixer.

this gonna happen sooner or later.
1323  Other / Politics & Society / Re: Deficit spending is theft. on: May 12, 2012, 07:54:23 PM
http://en.wikipedia.org/wiki/Theft :
Quote
In common usage, theft is the taking of another person's property without that person's permission or consent with the intent to deprive the rightful owner of it.
are you missing any of your dollars?
Yes; in my example, I am missing 50% of my 2008 dollars; which my government has achieved by turning them into 2012 dollars.
nope! they just lost their value because of supply.
1324  Other / Politics & Society / Re: Deficit spending is theft. on: May 12, 2012, 04:53:44 PM
Taxation is theft from the current generation of taxpayers.
Deficit spending is theft from a future generation of taxpayers.
Inflation is theft from holders of a currency.
i partly agree, on the two first.
but can't agree on the last: you are not losing anything, except some imaginary value, that only exists in your head.

"Give me that bag of crisps"  "no it's mine" "I'll give it back, don't worry".  Munch, munch, munch.  "Hey! You've eaten half of them" "Erm; okay; well here's some gravel to make the bag up to the same weight.  After all, the crisps were only some imaginary value that only existed in your head".

What you say is nonsense.  Assume you work an hour in 2008 and are paid $50 for it.  In 2012, the government prints 100% more money.  Your $50 in 2012 is now worth $25 in 2008 money, which is when you earned it.

It would be more accurate for the poster to have written:

"Inflation is theft from the past."
can you point at your stuff that got stolen? no, you can't.
you should be angry at any producer of any kind of stuff that you own. because its fall in value, when they produce more of the stuff.

After I've eaten your crisps can you point at what was stolen?

If I trick you into supplying me a service that I then don't pay for (or pay for with, for example, counterfeit dollars) can you point to what was stolen?

When the value of the hour work I performed last year is represented by subsequently devalued dollars, can you point at the half hour that was stolen from me?

http://en.wikipedia.org/wiki/Reification_%28fallacy%29

I expect producers to produce more; but it's not unreasonable for me to desire (or require) that the value of the hour I worked last year remains at the value that was paid for it, rather than being inflated away on the whim of the person guarding the printing press.

It doesn't matter in the end, because enough of this theft by inflation will cause people to (a) not bother deferring consumption (b) moving to a different store of value that doesn't enable such stealthy theft (people will find themselves better off when they store in bitcoin; there can be only one result as that meme spreads)

http://en.wikipedia.org/wiki/Theft :
Quote
In common usage, theft is the taking of another person's property without that person's permission or consent with the intent to deprive the rightful owner of it.
are you missing any of your dollars?
1325  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 12, 2012, 01:19:34 PM
What did change in the meantime?
they lost 40k? maybe? ran out of money?
1326  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 12, 2012, 01:18:00 PM
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
https://www.google.dk/search?sourceid=chrome&ie=UTF-8&q=bitcoinica+down%3F

What's so terrible about a status page?  It took all of 30 seconds to change the dns to point to meatspin, it'd take only a few seconds more to write something up and have it be on your website.
im not against putting something up on bitcoinica.com.
im against your reason for it: "people are too dumb to use google."
1327  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 12, 2012, 01:13:00 PM
Put something up on bitcoinica.com


Not everyone uses this message board and for those that don't, they're going to be wondering what is going on.
https://www.google.dk/search?sourceid=chrome&ie=UTF-8&q=bitcoinica+down%3F
1328  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 12, 2012, 10:13:23 AM
Quick Update

- It's more serious than we thought. We need some additional time to come up with a compensation proposal.
- Likely we will either shut down the platform or re-develop entirely (which will take months instead of days).
- The preliminary decision: reimburse for the full amount, including margin balances and position P/L.
- The root cause of this problem is an email server compromise. The email server belongs to one of our team members.
- Reminder again: Please do not reuse your Bitcoinica passwords as the database server was compromised. Do not click any links in the email. All Bitcoinica announcements will be updated on Bitcoinica website when available.

Important Disclaimer: I'm not a partner of Bitcoinica LP after the corporate reorganisation. Therefore, I have no financial obligation in this matter as I'm only an employee of Bitcoinica LP responsible for daily operations (no shares, no voting). However, I'll do my best with the team to resolve this problem as quickly as possible and minimize the impact for the community. I appreciate your patience and understanding.
how do i get my money out?
1329  Other / Politics & Society / Re: Deficit spending is theft. on: May 11, 2012, 02:17:38 PM
Taxation is theft from the current generation of taxpayers.
Deficit spending is theft from a future generation of taxpayers.
Inflation is theft from holders of a currency.
i partly agree, on the two first.
but can't agree on the last: you are not losing anything, except some imaginary value, that only exists in your head.

"Give me that bag of crisps"  "no it's mine" "I'll give it back, don't worry".  Munch, munch, munch.  "Hey! You've eaten half of them" "Erm; okay; well here's some gravel to make the bag up to the same weight.  After all, the crisps were only some imaginary value that only existed in your head".

What you say is nonsense.  Assume you work an hour in 2008 and are paid $50 for it.  In 2012, the government prints 100% more money.  Your $50 in 2012 is now worth $25 in 2008 money, which is when you earned it.

It would be more accurate for the poster to have written:

"Inflation is theft from the past."
can you point at your stuff that got stolen? no, you can't.
you should be angry at any producer of any kind of stuff that you own. because its fall in value, when they produce more of the stuff.
1330  Other / Politics & Society / Re: Deficit spending is theft. on: May 11, 2012, 01:34:21 PM
Taxation is theft from the current generation of taxpayers.
Deficit spending is theft from a future generation of taxpayers.
Inflation is theft from holders of a currency.
i partly agree, on the two first.
but can't agree on the last: you are not losing anything, except some imaginary value, that only exists in your head.
1331  Bitcoin / Bitcoin Technical Support / Re: get at my bitcoins without updating block chain on: May 09, 2012, 03:58:01 PM
I ran
./pywallet.py --dumpwallet
this exports some json which I assume is my wallet private keys?

I then created a wallet on blockchain.info, went under import/export, pasted the json there and imported it...

So now my balance is showing up fine on blockchain.info

But then I go on to "Send Money" (on blockchain.info), put in a "To" address and an amount, click "Review Transaction", and I get this screen:



And I'm not sure why this is appearing, or what I need to put there. Did I go wrong at some stage and only import the public keys?
no the stuff from --dumpwallet is a full dump of the wallet(and not only the privatekeys).
if you have an encrypted wallet you should use --password=YOURPASSWORDHERE too.

you can grep it for "sec" to get the privatekeys.
1332  Bitcoin / Bitcoin Technical Support / Re: get at my bitcoins without updating block chain on: May 09, 2012, 10:28:28 AM
Ok, I guess I'm stupid, but after doing this and when trying to send some bitcoins with blockchain.info it's asking for a private key to send from a particular address. But I thought what I just imported was the private keys?
Huh explain please...
1333  Other / Beginners & Help / Re: Question about VPS's - KVM/OpenVZ? Are both powered on 24/7? on: May 09, 2012, 07:09:19 AM
I had a chat with a representative of one of the VPS companies I was looking into. They said that there's a chance that the programs would exit out if I were to log out of the VPS, and that I should learn how to make the programs a "Service". This is what stumped me.

This is absurd. There is no chance your applications will close by themselves. On a windows VPS you would connect via Remote Desktop, run your applications, and then disconnect. Everything you left running will be there 100% (make sure you turn off auto-updates or it might reboot)

There are lots of good VPS solutions out there, you need to find the provider that best suits you. What country do you want it hosted in? What type of specs do you need? What is your budget.

Whenever I need to find a new host I head over to webhostingtalk.com and start searching. Here is a link to their VPS special offers forum, I am sure you can find something : http://www.webhostingtalk.com/forumdisplay.php?f=104
not if you are in a terminal session on linux, the applications exits when the terminal is closed, unless you use nohup or screen, or other similar stuff.
1334  Bitcoin / Bitcoin Technical Support / Re: get at my bitcoins without updating block chain on: May 08, 2012, 06:09:41 PM
Hello,

I'm running on an old laptop with 512 MB RAM and other low specs, I could just about use the Bitcoin client as the only program running until a while ago when my HD died and I replaced it with a USB memory stick. So now memory swapping is really slow etc.. and I am more or less unable to use the standard bitcoin client. (almost completely freezes my system and block chain updating is so slow it would take me weeks to update.. rendering my machine unusable all that time too)

Soo. How can I get at the bitcoins stored in my wallet.dat?

Is there another client with better performance that is compatible? (I'm on Ubuntu linux)

Failing that, how can I extract some bitcoins and put them in an online wallet without using the client?
(though I'd rather not be using a third party service..)
1. download bitcoin-tools(python wallet-reader)
2. export the privatekeys.
3. import them, at a wallet site(mtgox, blockchain.info ...)
4. Huh
5. profit!
1335  Other / Beginners & Help / Re: Question about VPS's - KVM/OpenVZ? Are both powered on 24/7? on: May 08, 2012, 04:26:12 PM
LOL! judging by your post you are a newbie. don't play with stuff you don't know about.
learn and read , read, read...

with OpenVZ, you get a kind of jailed root account on a linux box, protected from the rest of the machine.
It behaves like a Linux system(but with some limits).

with KVM, you get a emulated "real" machine, with a emulated "real" network card, and stuff.
It behaves like a real computer.

OpenVZ haves less overhead(i think...), but KVM gives more flexibility.

PROTIP: before renting a VPS be good with a terminal, and know your way around linux and the most common terminal utility(cd, cat, ls, screen, mail, vim/nano/emacs, etc...).

Oh okay. Would OpenVZ or KVM be any different if I required a Windows VPS?
you can't run windows in a OpenVZ, its basicly a linux account.

Does that mean I should be looking for a KVM?

Or should I be looking for something else? All I need is a Windows VPS that can be left on 24/7, even if I disconnect from it.
kvm would handle it fine. as long as the VM has enough ram.
1336  Other / Beginners & Help / Re: Question about VPS's - KVM/OpenVZ? Are both powered on 24/7? on: May 08, 2012, 10:55:22 AM
LOL! judging by your post you are a newbie. don't play with stuff you don't know about.
learn and read , read, read...

with OpenVZ, you get a kind of jailed root account on a linux box, protected from the rest of the machine.
It behaves like a Linux system(but with some limits).

with KVM, you get a emulated "real" machine, with a emulated "real" network card, and stuff.
It behaves like a real computer.

OpenVZ haves less overhead(i think...), but KVM gives more flexibility.

PROTIP: before renting a VPS be good with a terminal, and know your way around linux and the most common terminal utility(cd, cat, ls, screen, mail, vim/nano/emacs, etc...).

Oh okay. Would OpenVZ or KVM be any different if I required a Windows VPS?
you can't run windows in a OpenVZ, its basicly a linux account.
1337  Other / Beginners & Help / Re: Question about VPS's - KVM/OpenVZ? Are both powered on 24/7? on: May 07, 2012, 07:46:31 PM
LOL! judging by your post you are a newbie. don't play with stuff you don't know about.
learn and read , read, read...

with OpenVZ, you get a kind of jailed root account on a linux box, protected from the rest of the machine.
It behaves like a Linux system(but with some limits).

with KVM, you get a emulated "real" machine, with a emulated "real" network card, and stuff.
It behaves like a real computer.

OpenVZ haves less overhead(i think...), but KVM gives more flexibility.

PROTIP: before renting a VPS be good with a terminal, and know your way around linux and the most common terminal utility(cd, cat, ls, screen, mail, vim/nano/emacs, etc...).
1338  Economy / Speculation / Re: Chart reading. on: May 07, 2012, 06:18:51 PM
What is the standard method for reading charts and predicting market movements based on them?

What does this community use?
Crystal balls and related methods.
1339  Economy / Goods / Re: Buying EVE Plex on: May 04, 2012, 08:34:47 PM
>BTC<
is that some kind of new currency like BTC?
1340  Bitcoin / Development & Technical Discussion / Re: fuck you wallet format!!!! (RANT) on: May 04, 2012, 01:07:20 PM
Is it insecure, slow, poorly arranged code?
If it's python, can't you modify it and use your own improvements? Submit your improvements to joric?
it's not the code, its the structure of the wallet database. The code looks fine, I would have wrote it in another way, but that's irrelevant.
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