[self-moderated] Report unmerited good posts to Merit Source

[Learn Bitcoin]

Sorry LoyceV, I know the rules that the post must be unmerited. But I am submitting some good posts for review.

You were on my ignore list already, and you have a neutral tag for shitposting. The only English post that you linked is a contest entry, the rest I can't read. I've deleted your post:

Damn LoyceV, You did not notice the plagiarism here. What a shit poster he is. He just copied and pasted what I posted in this thread over six months ago. You just deleted the proof of his plagiarism  

Sorry LoyceV, I know the rules that the post must be unmerited. But I am telling you, he has many unmerited posts in our local thread. But I decided not to post them here because I don't think Global members can evaluate them.

Instead, , I am submitting some good posts for review. He needs a few more merits (28 more) for his next rank (Hero Member)

Now this;

Sorry LoyceV, I know the rules that the post must be unmerited. But I am submitting some good posts for review. He needs a few more merits (15 more) for his next rank (Full Member)

I stopped meriting them once I understood this is a part of an alt firm. Look at the merit pattern and you will understand who is who and what I am talking about.

I've been slacking (and ill), and my source sMerits keep building up. I'm planning to do this:

I will also merit genuine reported posts. I have more than 1700 sMerits, excluding my monthly merit source income.

Consider dumping some in these topics if it is worth 

[Android Tutorial] PGP Signature - Encrypt/Decrypt message
[Eng: Tutorial] PGP Signature - Encrypt/Decrypt message (Linux Only)

[LoyceV]

Damn LoyceV, You did not notice the plagiarism here.

Sorry, I missed this one. That explains why he posted "he needs 15 more". I thought referring to himself as "he" was just his lack of English skills.

[Z-tight]

This "offer" still stands:

Loyce, can you go through a users' post history in some cases, or do you only accept links to posts? And i have many good posts i want to 'report' here, but most of them have been merited.

[LoyceV]

Loyce, can you go through a users' post history in some cases, or do you only accept links to posts? And i have many good posts i want to 'report' here, but most of them have been merited.

Make it easy on me, post links (to posts) here. I can find post histories on my own, but don't have the time to read that many posts.

[Z-tight]

[1] does a rotation of DCA HODLing account wallet, guarantee safety from hackers

[2] why trust electrum?

[3] proof of reserves? Insurance funds? Best i can do is a random number generator

[4] Mixin safe: A convenient and Decentralized Multisig + MPC + Timelock solution

[5] i choose bitcoin
Most of them have been merited like i said, but i don't think you have a problem with that.

[Learn Bitcoin]

Damn LoyceV, You did not notice the plagiarism here.

Sorry, I missed this one.

It's okay. But I thought your AI always worked even better than the real AI. 

That explains why he posted "he needs 15 more". I thought referring to himself as "he" was just his lack of English skills.

That's what happens when someone copy paste and does not ven read carefully what is he pasting. I always wanted to guide them in our local thread by pointing out their mistakes and tried to help them every possible way. Unfortunately, that did not worked well.

Thanks for the post review as well.

[Amphenomenon]

Loyce, can you go through a users' post history in some cases, or do you only accept links to posts? And i have many good posts i want to 'report' here, but most of them have been merited.

Make it easy on me, post links (to posts) here. I can find post histories on my own, but don't have the time to read that many posts.

@LoyceV can I also post some of mine.

[Gallar]

Mr LoyceV
On this occasion, for the first time, I tried to send the best post that I made and I have chosen this post as well as possible. Thank you

Economic board

1) Re: Is academic pursues enough to get incomes?
Description : Viewpoints regarding degrees/diplomas in the modern era
Category : Opinion, information
Section : Economy

2) Re: Marketing Strategies in the Digital Age
Description : Positive and negative impacts of the digitalization era
Category : Opinion, information
Section : Economy

3) Re: Help me analyze the feasibility of this business idea
Description : Provide suggestions and considerations regarding OP interests in the field of work he will pursue.
Category : Opinions, suggestions and information
Section : Economy

4) Re: Ideas without action: An overview of a successful entrepreneur and a dreamer.
Description : Tips for getting out of several aspects that hinder success
Category : Opinion, information
Section : Economy

5) Re: You can't meet all your needs/desires at once, even if you spend all your salary
Description : My views on life's necessities, and also the best advice for investing in bitcoin.
Category : Opinion, suggestions
Section : Economy

Beginners & Help board

1) Re: How much money can you make by investing in Bitcoin?
Description : Provides insight into investing in bitcoin
Category : Opinions, knowledge and information
Section : Beginners & Help

2) Re: FIRST STEP IS DIFFICULT OTHER 9 STEP ARE EASY
Description : Guiding beginners to understand the contents of this BTT forum more quickly
Category : Opinion, knowledge and information
Section : Beginners & Help

Bitcoin Discussion board

1) Re: How will it affect your life if bitcoin price comes to $1 million per bitcoin?
Description : discussing the positive impact and possibilities that could occur on the price of bitcoin in the future.
Category : Opinion, information
Section : Bitcoin Discussion

2) Re: Crypto and Bitcoin began to be known by the rural community
Description : My views on bitcoin & crypto users in rural areas
Category : Opinion, information
Section : Bitcoin Discussion

3) Re: Bitcoin Vs Gold, land which better?
Description : Provide the best advice regarding the problems the OP is experiencing
Category : Opinions, suggestions
Section : Bitcoin Discussion

4) Re: El Salvador has become the first country to make #Bitcoin legal tender!
Description : Information on tourism development in El Salvador, after adopting Bitcoin
Category : Opini, information
Section : Bitcoin Discussion

[Phu Juck]

I would be happy to get a review of my topics, too: 

Bitcoin is very safe coin because of good developers
Description : A post about Bitcoin's fundamentals
Category : Bitcoin knowledge
Section : Beginners and Help

Andreas Antonopoulos is a good source of crypto knowledge
Description : A post about Andreas Antonopoulos
Category : Bitcoin knowledge
Section : Beginners and Help

[SmartGold01]

Make it easy on me, post links (to posts) here. I can find post histories on my own, but don't have the time to read that many posts.

Hello LoyceV I also want to report some of my post here as well, please pardon me if violating any rules.. And I will also give to some post I found lacking merits within my local and other places.

Re: Beginers dream of becoming a Legendary, and my goal is Hero.
Section : Reputation
Category : Opinion

Re: Easy with unusual/strange gambling sites
Section : Gambling discussion
Category : Suggestion

Re: "Why haven't the earliest participants sold their Bitcoin, and some haven't even
Section : Bitcoin Discussion
Category : Contribution

Re: A total beginner
Section : Nigerian Local Board
Category : Suggestion

Re: Has Bitcointalk lost it's appeal for projects to announce themselves on?
Section : Meta
Category : Contribution

Re: "I saw my salary on a bottle of perfume today"
Section :  Economics
Category : Contribution

Re: No Correlation Between Academic Success and Financial Success
Section :  Economics
Category : Opinion

Re: Courses of Marital Conflict.
Section :  Nigerian Local Board
Category : Contribution

Re: Request for the merit source for the Polish board.
Section :  Meta
Category : Opinion

Re: mikeywith needs to grow a thicker skin regarding DT issues
Section :  Reputation
Category : Opinion

I will also merit genuine reported posts. I have more than 1700 sMerits, excluding my monthly merit source income.

BlackHatCoiner Any massive dump from you will be greatly valued, then I will also distribute to others who are also lacking merits on their post. Thank you!

[Phu Juck]

I would be happy to get a review of my topics, too: 

Bitcoin is very safe coin because of good developers
Description : A post about Bitcoin's fundamentals
Category : Bitcoin knowledge
Section : Beginners and Help

Andreas Antonopoulos is a good source of crypto knowledge
Description : A post about Andreas Antonopoulos
Category : Bitcoin knowledge
Section : Beginners and Help

Here is a different post from me:

@Active Members of Bitcointalk: Why have you created an Account here?
Description : Why did we chose Bitcointalk
Category : General post
Section : Meta

[suchmoon]

I would be happy to get a review of my topics, too: 

Here is my review: bumping a bunch of threads in Reputation with meaningless babble will get you on ignore, and if you manage to trick anyone in sending you some merits - treasure them dearly, might be your last.

[LoyceV]

@Active Members of Bitcointalk: Why have you created an Account here?
Description : Why did we chose Bitcointalk
Category : General post
Section : Meta

If a topic in Meta hasn't received any Merit after 6 months and 300 views, it's probably not worth reading.

[SmartGold01]

I would be happy to get a review of my topics, too: 

Here is my review: bumping a bunch of threads in Reputation with meaningless babble will get you on ignore, and if you manage to trick anyone in sending you some merits - treasure them dearly, might be your last.

This is the typical example of post bursting right?
Okay how do we expect such poster to receive merits or even grow to the next rank were s/he just post within a space of less than 20 minutes per post. Does s/he really worth awarding merits If actually some user's profile are being monitored before giving out merits to them I guess they won't receive any from people.

[twiki]

By a strange coincidence, this incredible post did not receive any merit!

Peter R Rizun’s Theory on the Collapse of Mt. Gox


TL/DR: A young man had a secret.  To keep it hidden, he kept digging until the hole was a billion dollars deep.  This is a speculative tale of a great bitcoin theft from MtGox in 2011 and the efforts that this man undertook to fix it.  The tale explains the bitcoin bear market of 2011, the explosive rally of 2013, delayed fiat withdrawals, malled transactions, and a bot named Willy.


“By the time you realize that real life has begun, you are already three moves in.”—Author unknown


It was June 19, 2011.  Mark, a 26 year-old young man—a boy really—was ecstatic.  He had recently purchased MtGox—a small, online exchange for trading virtual tokens—and business was booming.   These virtual tokens were called bitcoins and Mark loved them.  

Bitcoins were an obscure curiosity: a peer-to-peer electronic cash system that allowed users to store and exchange credits with any other user in the world, nearly instantly, and without the assistance of a third-party or the permission of an authority.   All that was needed was a 78-digit secret number—a key if you will.

In order for his customers to withdraw their bitcoins over the internet, MtGox stored some of these keys on its online server.   The remaining keys were stored on USB drives and backed up on paper to prevent theft should the server be compromised.  

But theft was hardly a concern.  In October of 2010, bitcoins were trading for $0.10 and the half a million bitcoins held by MtGox was worth only $50,000.   But still Mark took precautions, diligently moving bitcoins to offline storage and leaving only what was necessary for customer withdrawals online.   He truly wanted both his business and bitcoin to succeed.  

By April, the bitcoin price had risen to $1 and by June it had exploded to $30.  Between June 1 and June 15, an additional one million bitcoins were sent to MtGox and immediately sold, crashing the price back to $10.  It was a hectic time, with hundreds of customers needing help, visits from the FBI related to the Silk Road black market, and stress related to the recent market crash.  Young Mark was becoming a victim of his own success: there simply wasn’t enough time to get everything done.  On this very day in June 2011, the keys to the recently-deposited 1,000,000 BTC were still sitting on his server.  

Later this day, a group of hackers gained access to MtGox servers and executed fake trades that the world could see, driving the nominal price of bitcoin near $0.  Mark was frantic.  He quickly regained control of the servers and learned the dark truth: the million bitcoins that had recently flooded in earlier that month were gone.  Mark admitted publically to the hack, rewound the false trades, but kept the truth of the missing coins a secret.  

How could this 26-year old explain to his customers that he had lost their bitcoins?  And if the world found out, would this kill the thing he loved so dearly?  Would he go to jail?  Or worse yet, would someone kill him?  Mark decided that he would do what he thought was right: he would slowly earn back the lost bitcoin with MtGox trading fee profits and eventually make his customers whole again.  He still had over 500,000 BTC left—he moved 424242.42424242 BTC between bitcoin addresses and convinced the community that MtGox was solvent.  As long as withdrawals didn’t exceed deposits over a long period of time, no one would ever find out the truth.  Or so he thought.

Meanwhile, the bitcoin thieves slowly mixed their coins with other coins, obfuscating the chain of ownership, and then re-selling these coins on MtGox using sock-puppet accounts.  Mark tried to stop them, but there was no way he could know for sure which accounts were fraudulent—he even accused innocent people of bitcoin laundering.  The constant selling of these stolen bitcoins drove the price down to $2 in November 2011.  Mark faithfully used all of the MtGox profits to purchase coins back during this decline.  But he would never use customer funds—that was a line he swore not to cross.  

The selling of these stolen bitcoins continued at a diminished rate over 2012, and Mark continually purchased coins using the MtGox trading fees.  The bitcoin economy was growing and new exchanges were opening up across the world.  His bitcoin reserves weren’t building fast enough but the price of bitcoin kept rising (along with the dollar value of the missing bitcoins).  He was worried that other exchanges would suck coins out of Gox and reveal his secret.  He decided he needed to take decisive action: for the first time, he used customer funds to purchase real bitcoins.  These large purchases by Mark further increased demand and ignited the great rally of spring 2013 when the bitcoin price shot from $20 to $266.  Mark had reduced his liability in bitcoins, but in dollar terms the coins that were still missing were worth more than ever before.  

On May 15, 2013 the US Department of Homeland Security seized millions of dollars from the MtGox Dwolla bank account. MtGox dollar reserves were already depleted at this point, and with the recent seizure, Mark could no longer make good on customer withdrawals in US dollars.  

Under the guise of “banking problems,” MtGox slowed US dollar withdrawals to a trickle in the summer of 2013.   Customers became increasingly worried and began to bid up the price of bitcoin on MtGox, as this was the only way to escape with their funds. MtGox had little fiat and very little bitcoins, but it learned one thing: as the price differential between Gox and BitStamp grew, the outwards flow of bitcoin slowed dramatically.  

And so Willy was born.  Willy was a bot, discovered by Wall Observers from bitcointalk.org and named by Opet on Bonavest's trading show, who would consistently purchased bitcoins at regular intervals between November 2013 and February 2014.  Evidence that Willy belonged to Mark was revealed when both web and API trading at Gox was disabled for a brief period of time, exposing Willy as the only one left buying.  

Willy served two purposes: he drove the price of bitcoin on the MtGox exchange high, thereby slowing and sometimes reversing the outward flow of real BTC, and he reduced the number of GoxBTC held by clients.  Of course, this meant that Willy eventually became the owner of a huge number of GoxBTC (that were of course no longer backed by real BTC).  

By December, the situation at MtGox was grim.  In a desperate attempt to attract more funds, Mark offered reduced trading fees under the guise of celebrating their 1,000,000th customer.  This partially worked, but Mark knew it was too late.  If MtGox collapsed, it must appear that he didn’t know about the theft until now—for it was better to appear incompetent than criminal.  

It was time to cover his tracks.

He purposely mixed immature coins into bitcoin withdrawals to delay the outward flow of coins, and later began malling his own transactions.  He added the Gox malleability weakness not as a bug, but as a feature, so that it would seem plausible that outsiders had recently stolen the coins without his awareness.   No coins were actually lost to malleability.  

The MtGox coin supply dwindled to 2,000 BTC and on February 7, 2014 he had no choice but to disable bitcoin withdrawals.   The end was near.  

The problem Mark faced was that his customers had $150,000,000 credited to their accounts, yet the MtGox bank account only contained $38,000,000.  He could blame the missing bitcoins on transaction malleability, but how could he explain where the fiat money went?

He shifted Willy into reverse and cranked the throttle.  Willy relentlessly dumped bitcoins into the open bids.  The price fell further and further, eventually dropping well below the BitStamp price.  But still not enough people were buying!  He needed his customers to buy the GoxBTC.  Willy kept dumping coins until finally the price dropped below $100.  MtGox even acquired new USD bank wires from customers looking to purchase the cheap coins.   By this time, the majority of Gox customers had converted their dollars into bitcoins.  

On February 28, 2014, Mt Gox filed for bankruptcy protection in Tokyo, reporting 6.5 billion yen in liabilities, 3.8 billion yen in assets, and 750,000 of customer bitcoins missing.  Willy had failed to completely close the fiat solvency gap and Mark finally admitted to having lost the coins.

Now we watch the rest of the story unfold.  A story of how an oversight during a hectic period, an untimely theft, and an attempt to cover it up, lead to the greatest loss in the history of bitcoin.  

[apogio]

Hello everyone.
I would like to mention two topics I have created.
It's an effort to create a set of tutorials for anyone willing to create a custom node.

Description: [BitcoinTalk Node Tutorial #1] Running Bitcoin Core on Raspbian Lite (GUI-less)
URL: https://bitcointalk.org/index.php?topic=5476754.0
Category: Bitcoin Nodes
Section: Bitcoin - Development & Technical Discussion

Description: [BitcoinTalk Node Tutorial #2] Installing Electrs from source
URL: https://bitcointalk.org/index.php?topic=5477339.0
Category: Bitcoin Nodes
Section: Bitcoin - Development & Technical Discussion

Description: [BitcoinTalk Node Tutorial #3] Sparrow terminal / infinite Whirlpool mixes
URL: https://bitcointalk.org/index.php?topic=5470024.0
Category: Bitcoin Nodes
Section: Bitcoin - Development & Technical Discussion

[seek3r]

It's been a while and I am reffering to this post:

I would perhaps submit a few posts since I'm almost always out of sMerits - well, I'm not a merit source either.
But first I wanted to ask for "green light" from you - I don't want to seem rude, since the idea was originally intended for "newer" accounts with less merit.

Go!

Are you only interested in posts (or are only posts eligble) that are unmerited or can you also submit posts that have received merit but are/were still very helpful?

Go!

Even better if you add good posts from others too I'm going to use vapourminer's Merit history to clone-dump sMerit. He seems to read a lot of posts, including old posts.

If you are still struggeling to distribute ur merits to the community, I would like to mention a few more technical posts from me that were written after my last submission here:

• Re: [Question] Fast way to check bulk address bitcoin balance
  Description : Python script to fetch the balances of multiple addresses
  Category : Technical answer
  Section : Development & Technical Discussion
  
• Re: As a Bitcoin Core only user, how im supposed to pay someone in person?
  Description : Advices for possible hardware devices that would fit OP
  Category : Technical answer
  Section : Bitcoin Technical Support
• Re: bitcoinjs-lib without node.js
  Description : Guide how to create a btc transaction with JS library
  Category : Technical answer
  Section : Bitcoin Technical Support 
• Re: How do I go about this?
  Description : Python script to generate keys while using two different libraries
  Category : Technical answer
  Section : Bitcoin Technical Support 
• Re: Missing addresses after restore
  Description : Provided commands to list all addresses for Bitcoin Core wallet
  Category : Technical answer
  Section : Bitcoin Technical Support 
• Re: bitcoin hash cracking help please
  Description : Did some research to prove that OP was lying
  Category : Technical answer/Research
  Section : Bitcoin Technical Support 

Thank you in advance for your time! 

[1miau]

Few days ago, Mia Chloe organized an Art Contest in Bitcointalk’s Nigerian local board. Some nice Artworks were submitted and yesterday, the jury announced all winners.
If any Merit source has some source sMerit left, maybe it’s an option for you to have a look at all submissions and distribute some Merit if you’d like. 

NAIJA BOARD 2023 ART CONTEST 24th DEC --- 31st

[Adbitco]

Few days ago, Mia Chloe organized an Art Contest in Bitcointalk’s Nigerian local board. Some nice Artworks were submitted and yesterday, the jury announced all winners.
If any Merit source has some source sMerit left, maybe it’s an option for you to have a look at all submissions and distribute some Merit if you’d like. 

NAIJA BOARD 2023 ART CONTEST 24th DEC --- 31st

Thank you 1miau for showing great interest to our community, I have seen your kind gesture towards those who emerges as winners.
It will be great we see more extension of hands towards the winner as we are lacking some merits to give those that won the contest and also to those who applied, for showing great interest and time to design their various art works even though they are not selected but just for their time being.

[Wiwo]

A few days ago, Mia Chloe organized an Art Contest on Bitcointalk’s Nigerian local board. Some nice Artworks were submitted and yesterday, the jury announced all winners.
If any Merit source has some source sMerit left, maybe it’s an option for you to have a look at all submissions and distribute some Merit if you’d like. 

NAIJA BOARD 2023 ART CONTEST 24th DEC --- 31st

Thank you so much 1miau for coming through for the Naija community and showing your support in every area possible and as a member of the Naija local board and one of the judges of that contest,  I would like to say a big kudos to you man,  and thank you for the love once again,  I am sure with this level of motivation from external actors like you and other merits source,  we should expect something bigger in the coming year and months ahead.

Many thanks also to all the members of the Nigaria local board who have shown a lot of support to make sure that the contest was a success and indeed here we are at the end with loads of positive results at the end,  it was a tough decision for us as judges to choose from among the best submissions and coming out with the winners who are most deserving among others.