TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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October 25, 2013, 05:46:29 PM |
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Am I the only one screaming in agony over this? It's quite ironic, don't you think?  What's ironic? |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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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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bobdude17
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October 25, 2013, 05:47:09 PM |
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I entered the data and got the same hash. This verifies what you said earlier, no way to change or lie about it.
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N12
Donator
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Activity: 1610
Merit: 1010
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October 25, 2013, 05:47:14 PM |
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That the US government is one of the largest holders of Bitcoin.
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maz
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October 25, 2013, 05:47:35 PM |
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No need for priv key, its just a hashing function that allows easy comparison.
Make your data for instance....'it will crash to $40 on Sunday. Xr898912' with the rubbish at the end so it's not easy to reverse.
When you post the hash output, we can verify it on Sunday when you post 'it will crash to $40 on Sunday. Xr898912' by doing the same as you done and comparing the output to the one you post today.
Make sense?
Lets make a test with gibberish data: 1. Let's assume that I post this hash: 63978b5bbe593d9a79813b4decabb35120747623693d89cbffb4c0156610bdfb 2. Am I correct to assume that when I am comfortable I will simply post the content of the pre-hashed data and you will simply compare the pre-hashed data with hash? What service will you use to compare? Yes correct, we can use the same service, i.e. the previously posted website. The pre-hashed gibberish data was: 'the price will crash to below 110. xyz' How would the comparison / verifiction of the message vs the hash be done using the previously posted website? I have went to the website and typed in the phrase ''the price will crash to below 110. xyz' and the hash is '63978b5bbe593d9a79813b4decabb35120747623693d89cbffb4c0156610bdfb'. So i can confirm your previous message  |
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bobdude17
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October 25, 2013, 05:49:30 PM |
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That the US government is one of the largest holders of Bitcoin.
Well that's one way to buy in I guess. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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October 25, 2013, 05:50:50 PM |
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That the US government is one of the largest holders of Bitcoin.
Well that's one way to buy in I guess. It's like a naked short sell. You steal some BTC, then sell them, free money. |
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bobdude17
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October 25, 2013, 05:54:02 PM |
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Fuck this I'm off to have a drink. Gonna try and turn this into a nice morning.
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bitcodo
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October 25, 2013, 05:55:49 PM |
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That the US government is one of the largest holders of Bitcoin.
This is the best news ever. They already been on the moon, so they will help us on the way up. |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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October 25, 2013, 05:58:49 PM |
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That the US government is one of the largest holders of Bitcoin.
This is the best news ever. They already been on the moon, so they will help us on the way up. Or they will sell the bitcoins and essentially remove $28.5 million from the bitcoin population and insert into the US government. The only way this could be a good thing is if they destroy all the coins, not gonna happen. |
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N12
Donator
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Activity: 1610
Merit: 1010
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October 25, 2013, 05:59:19 PM |
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That the US government is one of the largest holders of Bitcoin.
This is the best news ever. They already been on the moon, so they will help us on the way up. Or they will sell the bitcoins and essentially remove $28.5 million from the bitcoin population and insert into the US government. The only way this could be a good thing is if they destroy all the coins, not gonna happen. “We will probably just liquidate them.” edit: Indeed, that's some redistribution of wealth happening here. Pay for drugs, help the war on drugs. Hahahaha. Watch out, the US Government is aspiring to become the most successful wallet thief out there. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 25, 2013, 06:01:48 PM |
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Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
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October 25, 2013, 06:03:37 PM |
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No need for priv key, its just a hashing function that allows easy comparison.
Make your data for instance....'it will crash to $40 on Sunday. Xr898912' with the rubbish at the end so it's not easy to reverse.
When you post the hash output, we can verify it on Sunday when you post 'it will crash to $40 on Sunday. Xr898912' by doing the same as you done and comparing the output to the one you post today.
Make sense?
Lets make a test with gibberish data: 1. Let's assume that I post this hash: 63978b5bbe593d9a79813b4decabb35120747623693d89cbffb4c0156610bdfb 2. Am I correct to assume that when I am comfortable I will simply post the content of the pre-hashed data and you will simply compare the pre-hashed data with hash? What service will you use to compare? Yes correct, we can use the same service, i.e. the previously posted website. The pre-hashed gibberish data was:
'the price will crash to below 110. xyz'
How would the comparison / verifiction of the message vs the hash be done using the previously posted website?Ok, I understand it now. You would paste the data and then see if generated hash is the same as the one posted by me. is hash of the price will crash to below 110. xyz |
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Walsoraj
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October 25, 2013, 06:06:09 PM |
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They won't liquidate the coins on an exchange. They will be sold auction-style. Shouldn't impact exchanges too much, unless the buyer decides to move the coins to an exchange.
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Richy_T
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Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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October 25, 2013, 06:16:14 PM |
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If you do it this way, make sure to save exactly what you enter. Anything different at all (capitalizations, punctuation, trailing spaces) will generate a different hash. |
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Adrian-x
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Activity: 1372
Merit: 1000
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October 25, 2013, 06:24:15 PM |
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Gravity is a concept until you experience it and then it's unquestionably reality and never questioned. I need an official US government organization to say they control the private keys that hold those coins. An official press release or statement from someone accountable to the public to take credit for SR closure. With out that it is conjecture. This has huge gravity but as a concept but it isn't reality yet, for all I know SR was a scam, and the coins aren't with Law Enforcement. Either way this is crazy. |
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mobile
Sr. Member
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Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
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October 25, 2013, 06:25:16 PM |
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So we're going to $30 "again"? =)
It would be cool if we dropped like this. I wonder if Shroomskit managed to sell at the recent high. yes, everyone likes a crash (no, really), but I was curious as to what allowed bitcoin to claw it's way back up after massive crashes, why didn't it die? It seems obvious to me now that silk road kept it going, and growing. Silk Road has gone - so what now? posted before but deleted it, because i said it many times. SR is gone, sheepmarket and BMR seeing exponential growth. (AFAIK from people buying there SR merchants simply changed marketplaces and do the same as before) Ullbricht in the media worldwide was cheap advertising for new consumers to learn that you can buy high quality stuff on the TOR network. pandora's box opened and hdyra is grwoing more heads. this is bullish news for adaption of btc as a blackmarket currency. Which in turn is bearish news for BTC in general. I'd like for BTC to get rid of that "label". This.... If I am out "preaching the gospel" or striking up a discussion with someone about BTC to someone that is not familiar with it at all or knows very little about it, 9 times out of 10 the conversation turns into me explaining that BTC is not only used to buy "drugs" and that "black markets" have liquidity in all currencies (fiat & crypto). I know the discussion has been beat into the ground but reading this made me resonate of how tired I get of the general ignorance of BTC being labeled the "Drug Currency".  On another note, the BTC this past week is an effing roller coaster ride. This volatility is beautiful in the eyes of a frequent trader. Its funny to think a few months back how comfortable I got with it consistently trending at the $110-$120 range. Long time lurker on this thread, first time posting. Cheers  .... |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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October 25, 2013, 06:35:40 PM |
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So the FBI's ETF is bigger than twins. Do they need to file the papers too?
pussy pirate
Either that or he was sloppy, which given what I've read so far, would not surprise me. Oh well, welcome to Bitcoin penury Mr. Ulbricht. |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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October 25, 2013, 06:40:03 PM |
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So the FBI's ETF is bigger than twins. Do they need to file the papers too?
pussy pirate
Either that or he was sloppy, which given what I've read so far, would not surprise me. Oh well, welcome to Bitcoin penury Mr. Ulbricht. Bitcoin penuary and jailed for the unforeseeable future. Ahh... the best of two worlds. |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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October 25, 2013, 06:41:28 PM |
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I'm really disappointed that he made it so easy for them to steal his wealth.
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gandhibt
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October 25, 2013, 06:42:35 PM |
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The important question is when is the DPR trial? When will FBI sell those coins?
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Poll
