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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: April 09, 2015, 08:00:59 PM
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crossposting because it was posted in a moderated thread and 99% certain it will be deleted CryptoNote assets would be amazing!! If only there wasn't the bad 'smell' around the ~80% premine.
That premine could be a blessing in disguise if it were used to subsidize people who issue and maintain Assets like Bitshares': Assets tied to others. The 82% premine is indeed a blessing in disguise - they own so many of the outputs in the txoset that they can trivially deanonymise everyone's transactions. Let me say that again: as 82% of Bytecoin's outputs are controlled by persons unknown to the cryptocurrency community, those unknown entities (or entity) can deanonymise every transaction you make with Bytecoin. There is no way around this, there is nothing they can do to reduce the attack surface. Even if 1000 sock puppets come forward and claim to own a portion of those outputs it is still impossible for anyone to independently verify. Technical details of why such massive output ownership is a death knoll can be found in MRL-0001: A Note on Chain Reactions in Traceability in CryptoNote 2.0Aaaaaand it's gone. Should you be new to the internet and do not understand the above reference, please take a minute of your time to acquaint yourself with this worthy meme: https://www.youtube.com/watch?v=-DT7bX-B1Mg |
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442
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: April 08, 2015, 11:49:50 AM
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Honestly, looks like all the groundwork has been laid for the Grand Finale - The GUI. And it all fell into place so quickly, relatively speaking. Once we have a true "Killer App" GUI out (with the merchant tools too I believe), I think then we will know where Monero is going. Though recent movements hint... up.  |
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446
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: April 07, 2015, 02:56:55 PM
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18k buywall at 0.003
Either it was pulled or blown through. Ouch. Really hope we can hold at these levels... I would not mind if it drops below 0.002... It would be cool to buy below that again... I think the minimum will be 0.0015 which was the same level the guy dumped his coins on the legendary vid so this is kind of resistance level IMO. What do you think? I would say we are sitting on recent support. The order book doesn't show loads of support but that is normal (albeit discomforting). No reason tipping your hand if you believe strongly in the coin. If the whales want to add walls to add support levels than that will give me some security, lol. But if they want more cheap coins, then they will likely get them. To answer your question, I'd say around .0018-.002 (ish). Wouldn't be shocked to see lower. For the health of the coin, it would be MUCH BETTER showing price stability and not these flash rises. Too many of these, and sorry, but that screams of pumps. The below pic is taken from a live chart. (The daily for the last month shows the same btw.)  |
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450
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6
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on: April 05, 2015, 09:19:06 AM
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You, captain Schettino, abandoned ship long ago, during the mintpal pump.
Source :
"12:52 AM <smooth> Alit: i'll only say that 1. I sold a lot during the mintpal pump, and 2. I bought some at around 0.002 during the bcx scare"
Yup, both nice trades. The first one was better of course (so far). I wonder why that even bothers you? Oh that's right, because you are a miserable troll who compulsively insults and criticizes people. Got it. I thought developers are hodlers, well I guess not. You're just trying to make a quick buck... Unpaid developers have to make do with what they have. Trading to pay bills, increase position, etc. is not morally wrong. Attacking others, generally is, not to mention insensitive and deceptive (in this case). |
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451
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 05, 2015, 09:15:20 AM
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It's a joke, is what it is. An insult to the very concept of justice. DPR is still a bad person, but a fair judicial system would give him a retrial. Look at all of this evidence that wasn't presented.
It has been argued for years how the war on drugs has been a direct attack on people, in particular those from lower socio economic backgrounds. And now, 100's of 1000's of people might be saying goodbye to prisons as Cannabis laws are changed, and other laws to follow. I find it interesting that in your words "DPR is still a bad person" when his history is anything but and he was trying to do his part to end the war on drugs. Or are you judging him on the charges that have been dropped, except for one local? Regardless, those are charges. It seems like people care more about laws, than actual morals or compassion regarding issues. If that continues to be true, the future does not look bright. I see people arguing for laws and ignoring their hearts. That, in part, is how we have been manipulated to where we currently are. Think with your minds all you want, but don't forget your hearts as well. It is what, in part, makes us human BEINGS. |
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452
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 04, 2015, 05:20:55 PM
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Like I said, I believe that Ross should get a retrial, but I dont think that it will change things much. The conversations in DPR's log show that Nob (Carl Force, the corrupt DEA agent) didn't ask to have the murder take place, i initially thought that he said things like " come on, you have to kill him, its the only thing to do" well, there is no proof that happened. In fact, it looks like NOB was going to do anything that DPR wanted. Trust me, im not defending Carl at all, he should burn in hell for what he did, but he did steal the coins to put the whole thing in motion, so thats where his best defense is.
What I think is ironic, the guys in Baltimore are stating that The secret service agent stole the coins, i believe they are saying that so that it wont taint their case against Ross murder for hire charge, but you cant tell me that Ross and shaun werent in on it together, Since Shaun was the computer guy, it makes sense he was the one that did all the bitcoin transfers, so he did all the leg work, but i bet you a bitcoin that Carl got a big piece of those stolen coins. Hell, i read some communication between Ross and Shaun asking how to launder the bitcoins...
The prosecution in Baltimore is grasping at straws to keep the charges going, but while I think hes still mostly culpable for the murder for hire, i dont see him totally guilty, so if there is a trial, i bet hes found innocent. Also, who knows when Carl and the other guy went bad, they are stating that everything was fine until they stole the money..lol, i dont buy that they were angels up until that point, there just isnt tons of proof yet... I wonder how much "nob" sold on SR and didn't report it..
But is the journal in Ross' handwriting or just a file? If it is anything but in his handwriting, given the circumstances, I can't imagine things sticking. The journal seems to be like an early block that the case is largely built on. If you invalidate an early block, everything that follows is invalidated, so to speak (blockchain tech). I do not believe a judge would permit questioning along these lines. The defense does not have a shred of evidence that any files were tampered, and they have no witness will testify that things were. Is reasonable doubt not enough considering two corrupt cops role in all this? I can't imagine the burden of proof is soley on the defense here. I mean they aren't allowed to speak on so many topics as it is. I am sure things will get interesting regardless, I mean we also have questions, very valid ones, asking if the government has Gox coins (paper wallets). I get the feeling that one bad break for the government and this case is done for them. IMO that is why the judge has been unreasoble thus far, overly strict to put things lightly. It is like Ross vs. Prosecution AND Judge. |
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453
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: April 04, 2015, 05:10:39 PM
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PoS as an idea isn't inherently flawed.
PoS is inherently flawed from a network security perspective, lets say a big hack happen in an exchange and large amount of POS coins are now in the hands of a single person, the hacker not only will control large part of the coins but subsequently of the network. Interesting point. It is a bit like is you successfully stole BTC's they would come with the miners. This puts undo burden on this one aspect of the token, the token itself... |
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454
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 04, 2015, 04:54:33 PM
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Like I said, I believe that Ross should get a retrial, but I dont think that it will change things much. The conversations in DPR's log show that Nob (Carl Force, the corrupt DEA agent) didn't ask to have the murder take place, i initially thought that he said things like " come on, you have to kill him, its the only thing to do" well, there is no proof that happened. In fact, it looks like NOB was going to do anything that DPR wanted. Trust me, im not defending Carl at all, he should burn in hell for what he did, but he did steal the coins to put the whole thing in motion, so thats where his best defense is.
What I think is ironic, the guys in Baltimore are stating that The secret service agent stole the coins, i believe they are saying that so that it wont taint their case against Ross murder for hire charge, but you cant tell me that Ross and shaun werent in on it together, Since Shaun was the computer guy, it makes sense he was the one that did all the bitcoin transfers, so he did all the leg work, but i bet you a bitcoin that Carl got a big piece of those stolen coins. Hell, i read some communication between Ross and Shaun asking how to launder the bitcoins...
The prosecution in Baltimore is grasping at straws to keep the charges going, but while I think hes still mostly culpable for the murder for hire, i dont see him totally guilty, so if there is a trial, i bet hes found innocent. Also, who knows when Carl and the other guy went bad, they are stating that everything was fine until they stole the money..lol, i dont buy that they were angels up until that point, there just isnt tons of proof yet... I wonder how much "nob" sold on SR and didn't report it..
But is the journal in Ross' handwriting or just a file? If it is anything but in his handwriting, given the circumstances, I can't imagine things sticking. The journal seems to be like an early block that the case is largely built on. If you invalidate an early block, everything that follows is invalidated, so to speak (blockchain tech). |
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Economy / Speculation / Re: Humans aren't rational. Bitcoin won't be a % of world economy, but a multiple.
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on: April 04, 2015, 01:21:27 PM
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Interesting point by the OP. BTC is both a speculative asset and a currency and then there are those parts we don't exactly understand. The market cap, so to speak, is the perceived/speculative value combined with the actual value. The latter being a bit too soon to say. Just supply and demand, with some early adopter quirks thrown in. (I.e. They have lots!)
At this time early adopters might have some downward pressure on BTC due to selling, along with current miner selling. It is going to take some time to see where she goes.
And in the near future there will be threads making fun of those who were making fun of BTC e.g. The misunderstood transactions per second post above with the old lady hunter, lol.
He who laughs last, laughs loudest. Careful careful...
how long do you think it will take early adopters to sell their stash. i imagine they sold quite a bit at the $1k peak but there is still so much in their hands. there might also be early adopters waiting for when bitcoin really takes off. these dumps allow us to make profit. early adopters won't be selling much at the current prices, if they haven't sold around the ATH, let alone cases when someone urgently needs money. On the other hand, what Bitcoin really needs is more reasons adoption, without that it will never really take off and the early adopters may further bury it, if they get disappointed and decide to cash out. Some early adopters have 100's of thousands of coins. As long as they slowly sell some, I don't think it will hurt the price much, especially as interest rises. Most of these early adopters appear to be liberal idealists... Thank God!!! I imagine early adopters are going into anonymous coins as the writing is in the wall. This space is just getting started, let the disruption continue. My bet is in the next 6-12 months we see the next huge move up in price (followed by another correction). At that time those in now will be the last phase of early adopters imo. |
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 04, 2015, 01:14:42 PM
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Well his journal or log appears to be a simple text file. No handwriting. So you have agents with access to a plain text log that can be modified to fit any agenda or story. Surely, logically... as soon as there is any doubt as to the integrity of the agents (which I guess you have to assume initially for law & order purposes), the entire journal/log is no longer admissible. But this is not the half of it... as in this case the agents have an obvious monetary gain for a large sum of money, and the document cannot be trusted at all as people will go to great lengths for monetary gain, and able to employ the help of others due to the promise of monetary gain.
I think this is a big let down for the enforcement agencies... these agents have really smeared them. I can't see how there wouldn't be a retrial very soon.
I had no idea the journal was not handwitten!!! Two corrupt agents and a text file "from" Ross = reasonable doubt plus, you said it. No wonder the government fought tooth and nail to keep all of this out of the trial. Just keeps getting better and better. And now the ties to Mt. Gox going under (possibly from government having frozen accounts and some cold wallets) is making more and more sense. Its about sharing (the evidence ) |
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457
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Economy / Speculation / Re: Humans aren't rational. Bitcoin won't be a % of world economy, but a multiple.
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on: April 04, 2015, 08:46:51 AM
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Interesting point by the OP. BTC is both a speculative asset and a currency and then there are those parts we don't exactly understand. The market cap, so to speak, is the perceived/speculative value combined with the actual value. The latter being a bit too soon to say. Just supply and demand, with some early adopter quirks thrown in. (I.e. They have lots!)
At this time early adopters might have some downward pressure on BTC due to selling, along with current miner selling. It is going to take some time to see where she goes.
And in the near future there will be threads making fun of those who were making fun of BTC e.g. The misunderstood transactions per second post above with the old lady hunter, lol.
He who laughs last, laughs loudest. Careful careful...
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458
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 03, 2015, 07:46:24 PM
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Noone was killed just because he hired the "wrong" hitman.
Your pissing in the wind man. Those two corrupt cops got that case thrown out, and perhaps Ross free'd. And Agent Force was ready for some serious killing with all them guns at the time of his arrest. Again, get your priorities straight, Ross was helping the planet as a whole by doing his part to end the war on people, I mean consciousness, I mean drugs.  |
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459
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 03, 2015, 07:15:36 PM
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Since alota people keep defending Ross Ulbricht like he was some kinda hero:
When Nod (DEA agent Force) asked Ross what to do with (Curtis Green) who was supposed to have stolen 350000$, he first said:
(2013-01-26 11:17) myself: I'd like him beat up, then forced to send the
bitcoins he stole back. like sit him down at his computer and make him do
it
After one day of thinking, Ross changed his mind and stated following:
(2013-01-27 15:16) Nob: as we discussed, I reached out and I have two
very, professional individuals that are going to visit green
(2013-01-27 15:16) myself: will they execute him if I want?
(2013-01-27 15:17) Nob: they are very good; yes, but I directed them only
to beat him up; that was your wishes yesterday, correct?
(2013-01-27 15:19) myself: yes it was
and a few minutes later:
(2013-01-27 15:25) myself: ok, so can you change the order to execute
rather than torture?
Case 1:14-cr-00068-KBF Document 227-1 Filed 03/31/15 Page 49 of 121
20
(2013-01-27 15:26) myself: he was on the inside for a while, and now that
he's been arrested, I'm afraid he'll give up info
(2013-01-27 15:26) Nob: yes, is that what you want?
(2013-01-27 15:26) myself: and he ripped me off
(2013-01-27 15:26) myself: it is, after i had a chance to think on it
(2013-01-27 15:26) myself: never killed a man or had one killed before,
but it is the right move in this case.
(2013-01-27 15:27) myself: how much will it cost?
When you read that part in his own written journal it goes something like:
- Set up new server
- Site got DDosd
- Paid hitman to kill that thief
- Went to the park to clean it up
I have no remorse for this m....f.... low life computer nerd, wh orders killings like other people order pizza. I hope he rots in jail forever.
No one was killed, while HSBC and Wochovia got away with the money and over 10,000 deaths. Get your priorities straight (and spread the love).  |
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460
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Bitcoin / Bitcoin Discussion / Re: DEA Agents in Silk Road Case Face Fraud Charges
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on: April 03, 2015, 07:13:19 PM
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I think we just have to take the same approach the US Government took with taking essentially no action with the complicit drug laundering actions of HSBC and Wachovia - No charges nor jailtime due to the danger of a lack of faith/belief in our banking system which they say could have had a dire outcome (to their partners no doubt).
Similarly, the danger in putting Ross in jail for essentially creating a torrent like linking system for products, is going to cause me and millions of others to lose Faith in The US Legal system as well as the Government. All the while Cannabis is being legalized with other drugs to follow. Bad timing US.
Also, since the before mentioned banks' fines were less than there profits, and since 10,000 or so murders can be attributed to their actions, Ross should also get his BTC's back in addition to being free.
Finally let Ross and Snowden share the Nobel Peace prize for doing more than Obama ever has.
Its About Sharing!
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