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1401  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: November 07, 2013, 02:41:01 AM
Anyone know if anyone ever got any bitcoins/USD from the bitcoinica fiasco?  I had 150BTC in bitcoinica, but unfortunately missed the deadline earlier this year to submit my claim.  Ooops.  Just curious if any bitcoin/usd ever materialized for anyone, or if they remain "locked up" in Gox.

No, we are still working on it. Gox is not playing nice, holding to coins hostage and using the coins for leverage.

I've already accepted that I won't ever get any of those coins back, and at this point I consider Gox at least as responsible for that as everyone who was involved in bitcoinica.
1402  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: November 07, 2013, 02:10:37 AM
Anyone know if anyone ever got any bitcoins/USD from the bitcoinica fiasco?  I had 150BTC in bitcoinica, but unfortunately missed the deadline earlier this year to submit my claim.  Ooops.  Just curious if any bitcoin/usd ever materialized for anyone, or if they remain "locked up" in Gox.
1403  Economy / Trading Discussion / Re: Best Way to Purchase and Secure $100,000+ of BTC? on: November 06, 2013, 08:19:31 PM
I am going to purchase $100,000+ of BTC and would like to know what you think is the best way accomplish this matter. I have bought 100+ coins in the past so I am familiar with wiring to exchanges and I have also looked into Second Market, but their fees are higher than going through an exchange.

Additionally, what is the best way to long-term store this amount of coins? Would it be a bad idea to keep the coins on an exchange(s) and wait a few months for a Trezor? Should I just create paper wallets and dog tags and etch in the private key?



Buy a computer, keep it disconnected from any and all networks, wipe the hard disk and install a fresh OS, install Armory in offline mode, and send any bitcoins you buy to the addresses you generate on your offline computer.  You'll want to encrypt your Armory wallets on the offline computer and make paper backups.  If you want more help with this, PM me and I'll walk you through it. 

Offline Armory is by far the easiest and most robust way to secure bitcoins.
1404  Bitcoin / Bitcoin Discussion / Re: U.S. bank closing all of my deposit accounts because of bitcoins on: November 06, 2013, 06:18:12 PM
hello all
I dont understand all technical details but how it is possible that FBI bureau has located and seized a collection of 144,000 bitcoins???

I thought that BTC cannot be seized or taken away by officials or police. especially when someone encrypt the wallet.
How they could eaily seized firstly btc of users of silkroad and now at second also seized ulbrichts money?Huh?

http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/

and at second - I would say that news like this should sent price of bitcoin down, especially when we know "that from the 1,814,400 BTC awarded, 1,148,800 BTC has never been spent (63%).   As of October 2012.
we suppose (but have not checked it yet) that these are exactly the segments that belong to the mystery entity,"
https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

The Verge reported earlier this year that Satoshi Nakamoto, the Bitcoin network’s mysterious founder, has an address with over one million bitcoins.
http://www.theverge.com/2013/5/6/4295028/report-satoshi-nakamoto

I thought that people would be scared of all that bad news and bitcoin price would fall down (so that I could afford to buy some  Grin Grin Grin Grin

What's been assumed is that either (1) DPR gave authorities access to those bitcoins, or (2) he failed to properly secure them by either not encrypting the private keys at all or by using weak passwords.
1405  Bitcoin / Bitcoin Discussion / Re: Best way to store and forget btc? on: November 06, 2013, 02:40:01 PM
My scheme is as follows.  I have a couple of whole disk encrypted bootable USB keys with live installations of Windows 8 Enterprise.  Those USB sticks have offline Armory and, of course, all the private keys are password protected with very strong passwords.

In addition to that, I have paper backups of all my wallets, and those backups are in fire proof safes in 3 different locations. 

Sometimes I think back to early 2011 and how I stored my bitcoins just to freak me the fuck out.  There was a time when all of my bitcoins where on MtGox and I didn't even have 2FA.
1406  Bitcoin / Press / Re: 2013 - 11 - 05 Wired: The Rise and Fall of the World’s Largest Bitcoin Exchange on: November 06, 2013, 02:33:01 PM

I feel for the folks at MtGox.  Of course, my sympathy isn't sufficient to motivate me to keep any USD or BTC there.
1407  Bitcoin / Armory / Re: Offline Laptops on: October 28, 2013, 07:19:32 PM
You don't necessarily need a separate laptop.  I've outlined it around here before, but you can create a bootable Windows 8 USB drive from the freely available Windows 8 Enterprise trial.  When you setup the OS, just don't connect to any networks, and then once the OS is setup, go in and disable/uninstall all network drivers. 

You can encrypt the whole USB, encrypt your user folder, and encrypt your Armory wallet (triple encryption).  You could get even fancier with Trucrypt, if you want.  This has the advantage of an offline wallet that can be plugged into just about any machine and booted into.  Just make sure to disconnect any wired network connections before you plug it into a computer.  Wifi isn't a problem because, as previously mentioned, you'll have disabled/uninstalled any Wifi drivers upon first boot and shouldn't have ever allowed the OS access to a network.  Plus you can image the USB and make lots of backups.  It's a much more flexible alternative to a dedicated offline computer.
1408  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 28, 2013, 02:12:54 PM
Sounds fun.  I'll be there.
1409  Bitcoin / Bitcoin Discussion / Re: Finextra interview with IBM architect about Bitcoin on: October 23, 2013, 06:26:06 PM
By order of the Grand Priesthood of Satoshi I hereby call and ordain Richard Brown to the order of High Priest of Cryptocurrency Public Relations.

In all seriousness, Richard, that was probably the most eloquent interview I've seen on bitcoin and cryptocurrency.  It was a delight to listen to somebody with as deep a technical background as yourself speak so simply, and it was refreshing to hear you call attention to the novel and innovative features of cryptocurrenty beyond (obvious) economic/currency implications.  Thanks for being a part of the community, and please keep it up!

proudhon! 

are you back for good?

cypher!  I've sure missed you guys.  I'm still gonna keep out of the spec forum, but, yeah, I think I'll be hanging around here a little more.  I needed a break, and had a very busy summer.

great to see you back; in bull's clothing (you can't hide it).

did you buy back yet?  only 1 day in BTC history where the price has closed higher than now!

I don't want to hijack this thread, but I'll just say that I'm happy with the decisions I've made this year.
1410  Bitcoin / Bitcoin Discussion / Re: Finextra interview with IBM architect about Bitcoin on: October 23, 2013, 05:47:23 PM
By order of the Grand Priesthood of Satoshi I hereby call and ordain Richard Brown to the order of High Priest of Cryptocurrency Public Relations.

In all seriousness, Richard, that was probably the most eloquent interview I've seen on bitcoin and cryptocurrency.  It was a delight to listen to somebody with as deep a technical background as yourself speak so simply, and it was refreshing to hear you call attention to the novel and innovative features of cryptocurrenty beyond (obvious) economic/currency implications.  Thanks for being a part of the community, and please keep it up!

proudhon! 

are you back for good?

cypher!  I've sure missed you guys.  I'm still gonna keep out of the spec forum, but, yeah, I think I'll be hanging around here a little more.  I needed a break, and had a very busy summer.
1411  Bitcoin / Bitcoin Discussion / Re: Finextra interview with IBM architect about Bitcoin on: October 23, 2013, 04:51:45 PM
By order of the Grand Priesthood of Satoshi I hereby call and ordain Richard Brown to the order of High Priest of Cryptocurrency Public Relations.

In all seriousness, Richard, that was probably the most eloquent interview I've seen on bitcoin and cryptocurrency.  It was a delight to listen to somebody with as deep a technical background as yourself speak so simply, and it was refreshing to hear you call attention to the novel and innovative features of cryptocurrenty beyond (obvious) economic/currency implications.  Thanks for being a part of the community, and please keep it up!
1412  Bitcoin / Bitcoin Discussion / Re: Reactions to Caitie Lustig's (UC Irvine PhD student, California, USA) survey on: October 22, 2013, 07:49:54 PM
Hey everyone,

Just to let you know, I'll be closing the survey to new responses at the end of the day (12:00 AM PST).  After that I'll start doing some analysis and will report back here with some preliminary findings!

Thanks,

Caitie

Thanks for the heads up.  I'll take a few minutes and fill it out.
1413  Bitcoin / Bitcoin Discussion / Re: my wallets were stolen just now, can any one help me? on: August 22, 2013, 12:10:47 AM
My storage solution is an offline Armory installation on a Windows To Go installation on a thumb drive using the Windows 8 Enterprise trial downloaded directly from Microsoft.  This is the easiest and most secure install-and-go method I've found.  What's convenient about this method is that the Windows To Go USB thumb drive is bootable on any system and can be setup with whole drive encryption.  In addition to whole drive encryption Armory wallets should also be encrypted.  From that system I print paper backups of the keys I generate with Armory and print them with an old offline printer.  Also, on first boot of the Windows To Go installation I uninstall all network drivers to ensure that it never connects to a network.

If you have thousands of USD worth of bitcoin, you need to do something like this.  Keys should be generated on freshly installed, and offline OS.  You should make physical backups.  You should encrypt any digital backups.  You should never keep more than an amount your willing to lose in an online wallet or an exchange.

OP, I'm truly sorry for your loss and wish you the best of luck with recovery.

Edit: I know it's popular to bag on bitcoins on Windows, but if you setup the OS correctly, can reasonably trust the source ISO, and keep the installation from ever connecting to a network, theft is very unlikely.  I formerly used an offline live Ubuntu installation for this system, but tried it out with Windows To Go as a proof of concept for my friends who don't want to mess with Linux and dependency issues.  I think offline Windows To Go brings offline, encrypted storage closer to the experience of less tech savvy people, though it still takes some technical know how.
1414  Economy / Speculation / Re: Peak Watch on: August 14, 2013, 03:44:06 PM
1415  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 24, 2013, 12:03:15 AM
I can't help thinking that we're seeing the early stages to the setup of what may go down as one of the most significant cases of Streisand effect ever, with global economic consequences.  If you guys thought the past 4 years were really interesting...
1416  Economy / Speculation / Re: $5000+ bitcoin? on: May 19, 2013, 07:03:43 PM
Let's do some math. 3600 new coins mined a day (for next 3 years) at $5000 per bitcoin would mean that network operation would cost $18 000 000 daily. Is it likely? I think not.

I don't think that calculation you did is the daily operating cost.

1417  Bitcoin / Bitcoin Discussion / Re: Bitcoin conference coverage by Smoothie on: May 18, 2013, 02:32:06 PM
Wish I could have gone.  Next year, hopefully.  I just got crazy busy with work over the past few weeks.  Bleh.  Would have been nice to shake hands with Smoothie.
1418  Bitcoin / Bitcoin Discussion / Re: The Warrant, the beginning of the beginning for Bitcoin on: May 16, 2013, 04:10:32 AM
It can't be the beginning of the beginning, because, haven't you heard, it's the beginning of the end...



1419  Bitcoin / Bitcoin Discussion / Re: Bitcoins are the LEAST anonymous currency ever created on: May 16, 2013, 12:05:43 AM
Strongly agree with the title.

Even if I have my Bitcoin address in my signature, you can't prove that I actually own it unless you hack into my computer.

True if you don't  spend any. Once you do - out goes your identity.

How do you infer from a transaction being made from an address in a signature that the transaction actually was done by this person?!
If I would put there for example a MtGox address, it would be swiped but I'd never ever have owned the private key to it.

You will be only deanonymized for the address(es) that you use to pay a merchant from - and these can be from a mixing/proxy service.

Haha, idea!  Quick, everyone pick an address from the blockchain whose private key you do or don't own and post it in your sig.  Confuse OP.  

1PL8Xy3gb3GAuBCBjdMUoge67em6R7FXeL  <------ me?

12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

I'm gonna keep my eye on you.
1420  Bitcoin / Bitcoin Discussion / Re: Bitcoins are the LEAST anonymous currency ever created on: May 15, 2013, 11:47:16 PM
Strongly agree with the title.

Even if I have my Bitcoin address in my signature, you can't prove that I actually own it unless you hack into my computer.

True if you don't  spend any. Once you do - out goes your identity.

How do you infer from a transaction being made from an address in a signature that the transaction actually was done by this person?!
If I would put there for example a MtGox address, it would be swiped but I'd never ever have owned the private key to it.

You will be only deanonymized for the address(es) that you use to pay a merchant from - and these can be from a mixing/proxy service.

Haha, idea!  Quick, everyone pick an address from the blockchain whose private key you do or don't own and post it in your sig.  Confuse OP.  

1PL8Xy3gb3GAuBCBjdMUoge67em6R7FXeL  <------ me?
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