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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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BookofNick
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June 08, 2011, 05:45:13 PM |
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Beautiful, beautiful, beautiful!
I don't believe in God, but if I did, it would be the Internet God.
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westkybitcoins
Legendary
 Offline
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
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June 08, 2011, 05:52:38 PM |
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 It sure was a quick jump from targeting the drug site to "We need to kill bitcoins!" |
Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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niemivh (OP)
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June 08, 2011, 08:19:38 PM |
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It sure was a quick jump from targeting the drug site to "We need to kill bitcoins!" I'm afraid so my friend. The SR might even be a setup from a government agency in order to entrap people and of course target bitcoins. BTC has the power to upset the Feds monopoly on currency issuance. That is a thing that all central banks of the world are going to be up in arms about. And the government doesn't care a lick about drugs, that's a bunch of trash. Our 'gov' has been dealing in narco-terrorist activities for a long while and loves the fact that they're illegal it creates a black market and ungodly profits. Google: Iran Contra Michael Ruppert CIA Afghanistan Heroin Crack epidemic around Baltimore/DC |
I'll keep my politics out of your economics if you keep your economics out of my politics.
16LdMA6pCgq9ULrstHmiwwwbGe1BJQyDqr
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hoo2jalu
Member
Offline
Activity: 70
Merit: 10
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June 08, 2011, 08:24:47 PM |
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They send a letter to cry baby to DOJ, DEA ... I am thinking they will be disappoint. The 'tubes man, always thwarting a good senator's will! |
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DarkKnightNomeD
Newbie
Offline
Activity: 56
Merit: 0
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June 08, 2011, 08:28:05 PM |
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....................../´¯/)
....................,/¯../
.................../..../
............./´¯/'...'/´¯¯`·¸
........../'/.../..../......./¨¯\
........('(...´...´.... ¯~/'...') to Chuck Schumer and Joe Manchin
.........\.................'...../
..........''...\.......... _.·´
............\..............(
..............\.............\...
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Cryptoman
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June 08, 2011, 08:36:56 PM |
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I suspect it's going to be a rough couple of weeks for Mark Karpeles.
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"A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history." --Gandhi
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Timo Y
Legendary
Offline
Activity: 938
Merit: 1001
bitcoin - the aerogel of money
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June 08, 2011, 08:43:41 PM |
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The internet is the steam engine.
Bitcoin is the railways.
And Chuck&Joe are the stagecoach lobby calling to crack down on railways because they cause motion sickness.
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Bazil
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June 08, 2011, 08:48:23 PM |
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We should check and see what percentage of their campaign donations come, directly or indirectly from banks.
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17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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dacoinminster
Legendary
Offline
Activity: 1260
Merit: 1031
Rational Exuberance
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June 08, 2011, 09:02:59 PM |
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Wow. Look at those falling bitcoin prices though.
Already down almost $10!
I guess the fantastic gains were a bit fragile.
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MoonShadow
Legendary
Offline
Activity: 1708
Merit: 1007
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June 08, 2011, 09:04:22 PM |
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Wow. Look at those falling bitcoin prices though.
Already down almost $10!
I guess the fantastic gains were a bit fragile.
Dude, that was mean! I had to check! |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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zer0
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June 08, 2011, 09:08:39 PM |
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Bitcoin is decentralized you can't shut it down.
They can harass MtGox to hell though or DDOS it into oblivion and screw with the price, since there's no real competitors for MtGox
Everybody create a MtGox clone that accepts and pays out in LR, HDmoney and EuroGoldCash
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Durr
Newbie
Offline
Activity: 28
Merit: 0
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June 08, 2011, 09:09:31 PM |
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I've just sold a portion of my bitcoins at 26$ hoping to rebuy at 18$ 14$ and 10$
Good chance to increase my bitcoins wallet count
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dacoinminster
Legendary
Offline
Activity: 1260
Merit: 1031
Rational Exuberance
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June 08, 2011, 09:32:03 PM |
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Bitcoin is decentralized you can't shut it down.
They can harass MtGox to hell though or DDOS it into oblivion and screw with the price, since there's no real competitors for MtGox
Everybody create a MtGox clone that accepts and pays out in LR, HDmoney and EuroGoldCash
No real competitors to MtGox, eh? Here ya go: https://www.tradehill.com/Use this code to get a discount on trading fees: TH-R1168 |
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em3rgentOrdr
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June 08, 2011, 09:39:42 PM |
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Quick, please opensource the mtgox and silk road server code...
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"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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zer0
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June 08, 2011, 09:42:23 PM |
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Bitcoin is decentralized you can't shut it down.
They can harass MtGox to hell though or DDOS it into oblivion and screw with the price, since there's no real competitors for MtGox
Everybody create a MtGox clone that accepts and pays out in LR, HDmoney and EuroGoldCash
No real competitors to MtGox, eh? Here ya go: https://www.tradehill.com/Use this code to get a discount on trading fees: TH-R1168 Hosted by Godaddy and reg'd through Godaddy. Domain pull and server seizure imminent by feds. If the escrow wallet.dat is on jomax.net servers this service is doomed. Host in Luxembourg. Transfer domain offshore. Use CloudFlare to protect it from the DDOS attacks that will be coming. Then, BALLIN' |
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hoo2jalu
Member
Offline
Activity: 70
Merit: 10
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June 09, 2011, 12:18:48 AM |
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opensource the mtgox and silk road...
How much is copyleft source worth? I bet it could be made to appear for some reasonable number of coins. |
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em3rgentOrdr
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June 09, 2011, 12:23:15 AM |
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opensource the mtgox and silk road...
How much is copyleft source worth? I bet it could be made to appear for some reasonable number of coins. If the price is right, I'm sure the programmers would be happy to release their code, especially considering that their site is underr imminent threat of attack by "the authorities", so now would be an excellent time for them to dump their operation. |
"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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JohnDoe
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June 09, 2011, 12:28:14 AM |
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Host in Luxembourg. Transfer domain offshore. Use CloudFlare to protect it from the DDOS attacks that will be coming. Then, BALLIN'
Why Luxembourg? They are part of the EU. If I were to choose a country more resilient to political pressure I'd go with Switzerland. |
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