Flashcrash this month

[notme]

With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

If you trust the admins here, posting the hash is easy enough.  Putting it in the blockchain is complicated, but it allows for a trustless timestamp.

[Odalv]

[NOT EDITED] With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

[NOT EDITED] If I'll read this thread next year then I will not know if you edited your post or not. But you cannot edit block chain.

[notme]

With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

If I'll read this thread next year then I will not know if you edited your post or not. But you cannot edit block chain.

Posts show last edit if you hover over the time... I'll edit this one.

Edit: Edited

Edit2: Well, shoot, it used to.

Edit3: I still see it on other posts, maybe it just doesn't show on your own posts.

Edit4: I'm no longer a ninja .

[Odalv]

WTF 1

WTF 2

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Edit4: I'm no longer a ninja Sad. :-)

Not edited at all

[notme]

WTF 1

WTF 2

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Not edited at all

Strange, I see it on your post above.

[Odalv]

WTF 1

WTF 2

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Edit4: I'm no longer a ninja Sad. :-)

Not edited at all

Strange, I see it on your post above.

+1 :-) You are one of thousand.

[MAbtc]

With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

If I'll read this thread next year then I will not know if you edited your post or not. But you cannot edit block chain.

Posts show last edit if you hover over the time... I'll edit this one.

Edit: Edited

Edit2: Well, shoot, it used to.

Edit3: I still see it on other posts, maybe it just doesn't show on your own posts.

If you do it now, it will show up. There is a short time window where it won't. If you ninja edit, no one ever knows! 

[Welsh]

Oh, I can't wait for this crash and burn, I don't mean Bitcoins crash and burn, but you're wild ass guesses and claiming insider information. Burn baby burn!

[Its About Sharing]

It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO

That is a really interesting use of the Blockchain. It is like mailing a letter to yourself, but a bit more secure. 

I'm naive here. Once the hash is on the blockchain, how do you unlock and share it? Or?

A hash is a different thing entirely from encryption.  A hash takes data and scrambles it.  It will always scramble the same data the same way, but there is no way to recover the data from the hash.  By publishing the hash you establish that at the time of publication you had access to the data.  When you later reveal the data, the hash can be verified.

Got it and thanks for the explanation (and to you others guys who jumped in as well).
I know I heard that on a podcast but it skipped me.

Anyway, wow, what a nice way of verification.

[Crypt_Current]

So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...

1. sha-256("So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...") = e48015191601f6621a7ca18f6eefa90c583b9faad3c6d009eef7fd80d39efc6c

2. ripemd-160("e48015191601f6621a7ca18f6eefa90c583b9faad3c6d009eef7fd80d39efc6c") = c439421c3b5c5c695f9d2b5d942748a65960609f

3. bitcoinAddress("c439421c3b5c5c695f9d2b5d942748a65960609f") =     1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr

4. sent 1 Satoshi to address  "1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr" and this will appear in block chain (for ever) => you CAN PROVE (timestamp) when this satoshi was sent.

[edit]
5. address("1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr") = public-key("So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...")   => you proved message, it is you who know public-key => you now message

Excellent!    

[mgio]

You could be right, bitcoin is already down to 102 now and it's not even June 14th yet.

[JimCGSavings]

Any clues as to a time of this 'event' tomorrow?   
 

9:00 am - 12:00 pm tomorrow.

[JimCGSavings]

Haha, as usual, want to bet? 

Alas, I have no coin. What would you consider worth my putting up against 1BTC? (grin)

Is the reason you have no coin also the reason for the flashcrash; i.e you're dumping 50K bitcoins or something tonight at 03:00 CET?
 

What? Sorry, that made me slip into a fantasy of having 50K BTC for a moment there...No, I have no Bitcoins. It has nothing to do with anything I could possibly do. Noob here with experience as a moderator to a certain group that would have trigger reaction to this event. Blow that up to the general public's love of dirty laundry and you have my arrogant assumption.

[mgio]

Any clues as to a time of this 'event' tomorrow?   
 

9:00 am - 12:00 pm tomorrow.

what time zone?

[BitSmile]

Any clues as to a time of this 'event' tomorrow?   
 

9:00 am - 12:00 pm tomorrow.

This is just another mini dump...

[600watt]

You could be right, bitcoin is already down to 102 now and it's not even June 14th yet.

this

[JimCGSavings]

Regulation only affects acquiring bitcoins. The fundamentals do not change. Speculators have already taken this into account.

And this is why I'm a noob. I have no idea how that relates to my prediction. 

Your "Account Verification" hint infers regulation of some sort. I doubt you have any information that hasn't been considered and extensively discussed on this forum.

Regulation will be one of the reactions to this event. And this was mentioned in the Wall Observer thread. That's my so-called "insider" information.

[JimCGSavings]

If it's in references to this thread:
https://bitcointalk.org/index.php?topic=232950.msg2455940#msg2455940

There is nothing to worry about. The virtual currencies used for crimes are plethora and capitalized in hundreds of billions. That problem predates Bitcoin by decades and will continue to avoid Bitcoin as it is far more traceable than offshore virtual banks.

Damn! I was hoping no one would guess it before tomorrow. Poor you! If I had any BTC, I'd have to pay up. (grin)

[Inedible]

Regulation only affects acquiring bitcoins. The fundamentals do not change. Speculators have already taken this into account.

And this is why I'm a noob. I have no idea how that relates to my prediction. 

And yet you can confidently predict a flash-crash tomorrow?

[JimCGSavings]

Logged.

Seriously? The Wall of Fame? I guess that means I'm famous! Oh shit! That means I'm famous! Time to head for the bunker and put on my tinfoil hat!