Bitcoin Forum
August 25, 2019, 07:23:12 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 »  All
  Print  
Author Topic: What if Bitcoin Mining is a Cover?  (Read 3869 times)
mprep
Diamond Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2338
Merit: 1407


In a world of peaches, don't ask for apple sauce


View Profile WWW
June 14, 2013, 03:02:53 PM
 #21

Bitcoin codes was opensourced and was reviewed thousands times by thousands of programmers across the world. no chance that this would happen.
I can second that. It seems that some people can't accept the easiest explanation.


Advertisment:
   
BetTronLive.io



   
LIVE CASINO
BASED ON
TRON



   ▄██▄          ▄██▄
   ████          ████
██ ████ ████████ ████ ██
██▄ ▀▀ ▄████████▄ ▀▀ ▄██
████████████████████████
██                    ██
██  ███  ████  ███   ███
██  ▀▀▀  ▀▀▀▀  ▀▀▀ ▄▄▄▄▄
██  ███  ████   ▄██▀▀▀▀▀██▄
██  ███  ████  ██▀  ██   ▀██
██            ██    ██     ██
█████████████ ██    █████  ██
 ████████████  ██▄       ▄██
                ▀▀███████▀▀
█  ██            ██▓
 █   ███  ██     ██▓  █  █
 ██   ░██  ▒░██         ███
     ▓    ▒██▒▓██     █   █
      ██  ███░▓ ██▒
      █ ██    ██ ██▒
   ██   ██░██░░██░   ██
▄█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▄
██  ██████████████████  ██
▀████████████████████████▀
    ▀████████████████▀
      ▀████████████▀
       ████████████



   
Unofficial Bitcointalk API - get posts, boards, topics
Bitcointalk Post Iconizer - custom post editing buttons
|  Services advertised here are not endorsed by me
|  Want to advertise in my signature?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566760992
Hero Member
*
Offline Offline

Posts: 1566760992

View Profile Personal Message (Offline)

Ignore
1566760992
Reply with quote  #2

1566760992
Report to moderator
1566760992
Hero Member
*
Offline Offline

Posts: 1566760992

View Profile Personal Message (Offline)

Ignore
1566760992
Reply with quote  #2

1566760992
Report to moderator
1566760992
Hero Member
*
Offline Offline

Posts: 1566760992

View Profile Personal Message (Offline)

Ignore
1566760992
Reply with quote  #2

1566760992
Report to moderator
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
June 14, 2013, 03:03:27 PM
 #22

Slightly off subject, but would it be possible to create a cryptocurrency where the hashing could serve a benefit?  Like getting ???coin for running a program similar to folding@home (http://folding.stanford.edu/) or world community grid (http://www.worldcommunitygrid.org/) or even SETI@home (http://setiathome.berkeley.edu/).

I'm greedy and interested BTC because I believe there could be profit for me.  But I think of all the money spent, electricity used and hash power of the network and it would be cool to see it going towards improving something.

This has been asked many times, and the answer is NO. What the bitcoin mining is doing is creating a verifiable and secure record of all transactions, it is not just wasted processing power.

And +1 to the posters above that the source is open and anybody can read it. You would think somebody would have noticed in the four years this has been running if there was secret data being transfered to a government agency or if the hashing was cracking passwords. Also remember that when this started people were getting 50 btc per block, which was worth about 0.025 USD, when they finally started being traded for stuff (I calculated that based on the 40000 btc for 2 pizza so ~20 USD).

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
HongkongShanghaiBitCoin
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
June 14, 2013, 04:22:15 PM
 #23

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...
ROFL that's a good one.

a1phanumrc
Member
**
Offline Offline

Activity: 112
Merit: 10



View Profile
June 14, 2013, 04:34:15 PM
 #24

Oh come on, the tinfoilhat land is fun sometimes.  Wink

BC tips: BA1phaSEpCN7jiSS33SSWXf3Bs1rP9SKir
mprep
Diamond Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2338
Merit: 1407


In a world of peaches, don't ask for apple sauce


View Profile WWW
June 14, 2013, 04:43:03 PM
 #25

Oh come on, the tinfoilhat land is fun sometimes.  Wink
I guess but when that repeats several hundreds of times, it simply gets old.


Advertisment:
   
BetTronLive.io



   
LIVE CASINO
BASED ON
TRON



   ▄██▄          ▄██▄
   ████          ████
██ ████ ████████ ████ ██
██▄ ▀▀ ▄████████▄ ▀▀ ▄██
████████████████████████
██                    ██
██  ███  ████  ███   ███
██  ▀▀▀  ▀▀▀▀  ▀▀▀ ▄▄▄▄▄
██  ███  ████   ▄██▀▀▀▀▀██▄
██  ███  ████  ██▀  ██   ▀██
██            ██    ██     ██
█████████████ ██    █████  ██
 ████████████  ██▄       ▄██
                ▀▀███████▀▀
█  ██            ██▓
 █   ███  ██     ██▓  █  █
 ██   ░██  ▒░██         ███
     ▓    ▒██▒▓██     █   █
      ██  ███░▓ ██▒
      █ ██    ██ ██▒
   ██   ██░██░░██░   ██
▄█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▄
██  ██████████████████  ██
▀████████████████████████▀
    ▀████████████████▀
      ▀████████████▀
       ████████████



   
Unofficial Bitcointalk API - get posts, boards, topics
Bitcointalk Post Iconizer - custom post editing buttons
|  Services advertised here are not endorsed by me
|  Want to advertise in my signature?
a1phanumrc
Member
**
Offline Offline

Activity: 112
Merit: 10



View Profile
June 14, 2013, 04:45:12 PM
 #26

Oh come on, the tinfoilhat land is fun sometimes.  Wink
I guess but when that repeats several hundreds of times, it simply gets old.

I suppose it would. I've been away for a few years so I had to have my bit of fun.

BC tips: BA1phaSEpCN7jiSS33SSWXf3Bs1rP9SKir
mprep
Diamond Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2338
Merit: 1407


In a world of peaches, don't ask for apple sauce


View Profile WWW
June 14, 2013, 04:47:55 PM
 #27

Oh come on, the tinfoilhat land is fun sometimes.  Wink
I guess but when that repeats several hundreds of times, it simply gets old.

I suppose it would. I've been away for a few years so I had to have my bit of fun.
I've been away for a while too. When I left bitcoin was worth 10 bucks. But spending a couple of hours here makes it kind of irritating to see all the theories.


Advertisment:
   
BetTronLive.io



   
LIVE CASINO
BASED ON
TRON



   ▄██▄          ▄██▄
   ████          ████
██ ████ ████████ ████ ██
██▄ ▀▀ ▄████████▄ ▀▀ ▄██
████████████████████████
██                    ██
██  ███  ████  ███   ███
██  ▀▀▀  ▀▀▀▀  ▀▀▀ ▄▄▄▄▄
██  ███  ████   ▄██▀▀▀▀▀██▄
██  ███  ████  ██▀  ██   ▀██
██            ██    ██     ██
█████████████ ██    █████  ██
 ████████████  ██▄       ▄██
                ▀▀███████▀▀
█  ██            ██▓
 █   ███  ██     ██▓  █  █
 ██   ░██  ▒░██         ███
     ▓    ▒██▒▓██     █   █
      ██  ███░▓ ██▒
      █ ██    ██ ██▒
   ██   ██░██░░██░   ██
▄█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▄
██  ██████████████████  ██
▀████████████████████████▀
    ▀████████████████▀
      ▀████████████▀
       ████████████



   
Unofficial Bitcointalk API - get posts, boards, topics
Bitcointalk Post Iconizer - custom post editing buttons
|  Services advertised here are not endorsed by me
|  Want to advertise in my signature?
Rockdog2877
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
June 14, 2013, 04:52:57 PM
 #28

Posts in the newbies section tend to be irritating  at times.
a1phanumrc
Member
**
Offline Offline

Activity: 112
Merit: 10



View Profile
June 14, 2013, 04:53:40 PM
 #29

I've been away for a while too. When I left bitcoin was worth 10 bucks. But spending a couple of hours here makes it kind of irritating to see all the theories.

Did the exact same thing. Thought it was doomed and walked away. Guess I was wrong on that one.

But ya, very interesting to see how this place has changed... and the incredible amount of scammers.

I don't remember this being as much a problem before. Yikes.

BC tips: BA1phaSEpCN7jiSS33SSWXf3Bs1rP9SKir
mprep
Diamond Member
Global Moderator
Legendary
*
Offline Offline

Activity: 2338
Merit: 1407


In a world of peaches, don't ask for apple sauce


View Profile WWW
June 14, 2013, 04:56:05 PM
 #30

I've been away for a while too. When I left bitcoin was worth 10 bucks. But spending a couple of hours here makes it kind of irritating to see all the theories.

Did the exact same thing. Thought it was doomed and walked away. Guess I was wrong on that one.

But ya, very interesting to see how this place has changed... and the incredible amount of scammers.

I don't remember this being as much a problem before. Yikes.
I actually walked away because I just suddenly lost interest. After a while it came back, so did I.


Advertisment:
   
BetTronLive.io



   
LIVE CASINO
BASED ON
TRON



   ▄██▄          ▄██▄
   ████          ████
██ ████ ████████ ████ ██
██▄ ▀▀ ▄████████▄ ▀▀ ▄██
████████████████████████
██                    ██
██  ███  ████  ███   ███
██  ▀▀▀  ▀▀▀▀  ▀▀▀ ▄▄▄▄▄
██  ███  ████   ▄██▀▀▀▀▀██▄
██  ███  ████  ██▀  ██   ▀██
██            ██    ██     ██
█████████████ ██    █████  ██
 ████████████  ██▄       ▄██
                ▀▀███████▀▀
█  ██            ██▓
 █   ███  ██     ██▓  █  █
 ██   ░██  ▒░██         ███
     ▓    ▒██▒▓██     █   █
      ██  ███░▓ ██▒
      █ ██    ██ ██▒
   ██   ██░██░░██░   ██
▄█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▄
██  ██████████████████  ██
▀████████████████████████▀
    ▀████████████████▀
      ▀████████████▀
       ████████████



   
Unofficial Bitcointalk API - get posts, boards, topics
Bitcointalk Post Iconizer - custom post editing buttons
|  Services advertised here are not endorsed by me
|  Want to advertise in my signature?
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
June 14, 2013, 04:57:12 PM
 #31

Excellent point. who knows what that program is really doing.

LOL, stupidity.

Check the code, it's open source

And if you cannot read code at least read books, at least you would stop asking dumb questions.

Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
June 14, 2013, 05:27:48 PM
 #32

I've been away for a while too. When I left bitcoin was worth 10 bucks. But spending a couple of hours here makes it kind of irritating to see all the theories.

Did the exact same thing. Thought it was doomed and walked away. Guess I was wrong on that one.

But ya, very interesting to see how this place has changed... and the incredible amount of scammers.

I don't remember this being as much a problem before. Yikes.

There have always been scammers. I think we are better now at labeling the scammers as such, so they seem more numerous, but it is really just that they are more obvious now.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
cmandeiro
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
June 14, 2013, 06:20:38 PM
 #33

Maybe but i really don't think so Roll Eyes
cWq34#9tH-3
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
June 14, 2013, 06:35:34 PM
 #34

Here is the source code : https://github.com/bitcoin/bitcoin

Read it and comprehend it, then stop posting this conspiracy bullshit,

Have you read it? All of it? And do you know what all of that code means and exactly what those functions do? Did you see the below code?

<function=keyword scan, compress, upload to PRISM server>Run background, hidden)
Gabi
Legendary
*
Offline Offline

Activity: 1148
Merit: 1008


If you want to walk on water, get out of the boat


View Profile
June 14, 2013, 06:50:53 PM
 #35

If you don't trust the client: write your own

If you don't trust the miner: write your own

tinus42
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
June 14, 2013, 06:56:26 PM
 #36

Nakamoto, SAtoshi

The clues were always there, people don't wanna see it...

Maybe it's NASA (NAkamoto SAtoshi) using the hashing power of both Bitcoin and SETI@Home to hide the existance of aliens together with the Men in Black. Grin
cWq34#9tH-3
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
June 14, 2013, 06:57:46 PM
 #37

If you don't trust the client: write your own

If you don't trust the miner: write your own

Nope, not gonna let that pass. It's a cop-out. The point that's been made is that it's open-source so anybody could read and verify the code. So my asking if anyone has read it, that is absolutely a fair and reasonable question.
counter
Hero Member
*****
Offline Offline

Activity: 798
Merit: 500


Time is on our side, yes it is!


View Profile
June 14, 2013, 07:08:27 PM
 #38

What if the sky is falling.
cWq34#9tH-3
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
June 14, 2013, 07:13:42 PM
 #39

that is a fair question and you know it. No tinfoil hat needed. Are you not aware of recent history?

Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
June 14, 2013, 07:51:48 PM
 #40

If you don't trust the client: write your own

If you don't trust the miner: write your own

Nope, not gonna let that pass. It's a cop-out. The point that's been made is that it's open-source so anybody could read and verify the code. So my asking if anyone has read it, that is absolutely a fair and reasonable question.

Yes. Dozens of people on these forums, on a regular basis.


Pages: « 1 [2] 3 4 5 6 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!