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Bagatell
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December 30, 2014, 02:08:57 PM |
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Four charts? Not much of a sample, is it? |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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jertsy
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December 30, 2014, 02:21:21 PM |
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Four charts? Not much of a sample, is it? The charts must have been created in early January 2014 when everyone was wildly optimistic. The article's author probably thought he didn't need big samples because he was being wildly pessimistic by predicting a price as low as $10000+ |
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Silverspoon
Member
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Activity: 112
Merit: 10
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December 30, 2014, 02:31:02 PM |
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Thank me now, or cry later.  Anyone cared to listen?  They could have lived...  But seriously tho, below 310 everywhere but trusty ol' stamp. |
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Mickeyb
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December 30, 2014, 02:54:06 PM |
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Not really.
I've just built up a decent amount of coin & my plan is to sell it at a huge profit in the future, for a sum that makes a difference to my life.
That isn't going to happen with all the day traders buying & selling for 20 dollar profits on each coin.
We are getting nowhere like this.
I refuse to sell unless it makes a positive change to my life, I can't be bothered selling for minor profits.
The day traders, who are competent enough to trade with proper timing, are getting somewhere. The only people who are getting nowhere, are the fortune seekers, whose competence ends with buying and then just sitting on their ass with high hopes of easy riches. I personally think that it's kind of funny and sad when people complain about not getting rich without effort or skill. You nailed it my brother! Majority are those that don't know what a hell are they doing and at the end they just get burned!! But hey, that's life!! |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2014, 03:00:18 PM |
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Richy_T
Legendary
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Activity: 2436
Merit: 2120
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 30, 2014, 03:07:27 PM |
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The issue with poor PSRNGs has noting to do with address generation, the only way poor randomness could be exploited with addresses is if you could reproduce the poor randomness yourself.
The issue is that poor PSRNGs conceivably could reuse or have insufficient entropy in "R" values in signing transactions, which allows an attacker looking at the transactions either in the blockchain or mempool to reverse ECDSA. This scenario is the real attack, because it doesn't necessarily require anything other than an understanding of the elliptic curve mathematics and scanning through transactions until you find a vulnerable public key.
This "Hash Hyena" is making the ridiculous claim that running vanitygen plus having a very large hard drive equals some kind of production of a collision database that produces non-trivial amounts of hits. That has no relevance to the issue of poor randomness, but I guess it sure sounds like it does!
The only thing here more ridiculous than Hash Hyena's claim about address security, is that pedantic P(security broken) formula, which at this point might as well be a laxative.
You are right, of course. Slipped my mind that that is what the issue was. I think Jorge knows it too since he has posted links to the actual issue before though. Address generation *could* be an issue but is somewhat less likely. |
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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December 30, 2014, 03:14:45 PM |
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Same old, same old in this dusty corner of the clearweb -- Jorge getting bashed, the bubble graph, Shroomskit trolling, newbs not understanding Chartbuddy.  Newbs reckoning BTC is all about being a good day-tarder....well, that is new I guess but not particularly edifying. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2014, 04:00:19 PM |
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WeltMaster
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December 30, 2014, 04:29:25 PM |
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Bear trap closing fast  |
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Gyrsur
Legendary
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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December 30, 2014, 04:36:06 PM
Last edit: December 30, 2014, 05:16:03 PM by Gyrsur |
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Bear trap closing fast second trendline is intact.  |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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December 30, 2014, 04:48:57 PM |
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seems quite ambitious, but wow. http://slur.io/ |
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 30, 2014, 04:51:39 PM |
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ccmf. right meow.
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riiiiising
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December 30, 2014, 04:56:17 PM |
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So many high profile attacks these past few weeks involving Sony, and outages with Xbox Live, etc.
People hear bitcoin and "digital" currency. Having a website go down for a few hours is one thing... but nobody is going to be crazy enough to entrust the protocol to their savings. And the fact that value has been dropping all year doesn't help.
It's really incredible that we're still over $300 at this point. It's not going to last for long.
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caga
Full Member
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Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
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December 30, 2014, 04:57:45 PM |
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How do people verify if the data sold is real and not fake? |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2014, 05:00:19 PM |
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Omikifuse
Legendary
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Activity: 1750
Merit: 1009
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December 30, 2014, 05:12:17 PM |
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So many high profile attacks these past few weeks involving Sony, and outages with Xbox Live, etc.
People hear bitcoin and "digital" currency. Having a website go down for a few hours is one thing... but nobody is going to be crazy enough to entrust the protocol to their savings. And the fact that value has been dropping all year doesn't help.
It's really incredible that we're still over $300 at this point. It's not going to last for long.
Why a guy called risssing acts like fallling? And the fact that we had so many attacks but the protocol remains untouched(no transactions being reverted, private keys bruteforced easily, etc) should counts in favor of Bitcoin |
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magicmexican
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December 30, 2014, 05:14:06 PM |
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How do people verify if the data sold is real and not fake? Not sure, personally i already see a ton of ways to exploit this site as a seller. So i cant really see anyone sane seriosly considering buying anything. |
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Silverspoon
Member
Offline
Activity: 112
Merit: 10
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December 30, 2014, 05:25:47 PM |
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Bear trap closing fast Bulls not handy with their hooves, trap fail  |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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December 30, 2014, 05:26:40 PM |
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So many high profile attacks these past few weeks involving Sony, and outages with Xbox Live, etc.
People hear bitcoin and "digital" currency. Having a website go down for a few hours is one thing... but nobody is going to be crazy enough to entrust the protocol to their savings. And the fact that value has been dropping all year doesn't help.
It's really incredible that we're still over $300 at this point. It's not going to last for long.
I saved your quote from yesterday saying we'll be sub 300 by the end of the week. Going to look a bit stupid aren't you. |
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