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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804720 times)
tvbcof
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January 28, 2014, 10:51:18 PM
 #7561

OK.  Prove it.  Send your stash to: '1CYPHERpEiaoYk94dZQ4WLhirkgPSUgnDj' and let us know when you (or anyone) get them back.


https://en.bitcoin.it/wiki/Address

"Bitcoin addresses are case-sensitive. Bitcoin addresses should be copied and pasted using the computer's clipboard wherever possible. If you hand-key a Bitcoin address, and each character is not transcribed exactly - including capitalization - the incorrect address will most likely be rejected by the Bitcoin software. You will have to check your entry and try again.
The probability that a mistyped address is accepted as being valid is 1 in 232, that is, approximately 1 in 4.29 billion.


I want to see a transaction ID (but would settle for an error message from your client.)  C'mon.  Chicken?


how can you get a txid when it won't send?

That's why I said that an error message would be acceptable.  If you can get at your cold storage in one minute it should not take all that long to perform the experiment.


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January 28, 2014, 10:58:00 PM
 #7562

OK.  Prove it.  Send your stash to: '1CYPHERpEiaoYk94dZQ4WLhirkgPSUgnDj' and let us know when you (or anyone) get them back.


https://en.bitcoin.it/wiki/Address

"Bitcoin addresses are case-sensitive. Bitcoin addresses should be copied and pasted using the computer's clipboard wherever possible. If you hand-key a Bitcoin address, and each character is not transcribed exactly - including capitalization - the incorrect address will most likely be rejected by the Bitcoin software. You will have to check your entry and try again.
The probability that a mistyped address is accepted as being valid is 1 in 232, that is, approximately 1 in 4.29 billion.


I want to see a transaction ID (but would settle for an error message from your client.)  C'mon.  Chicken?


how can you get a txid when it won't send?

That's why I said that an error message would be acceptable.  If you can get at your cold storage in one minute it should not take all that long to perform the experiment.



well, there you go.

Mycelium returns "invalid Bitcoin address".  trying to find a way to screenshot it but no luck.
tvbcof
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January 28, 2014, 11:00:22 PM
 #7563

OK.  Prove it.  Send your stash to: '1CYPHERpEiaoYk94dZQ4WLhirkgPSUgnDj' and let us know when you (or anyone) get them back.


https://en.bitcoin.it/wiki/Address

"Bitcoin addresses are case-sensitive. Bitcoin addresses should be copied and pasted using the computer's clipboard wherever possible. If you hand-key a Bitcoin address, and each character is not transcribed exactly - including capitalization - the incorrect address will most likely be rejected by the Bitcoin software. You will have to check your entry and try again.
The probability that a mistyped address is accepted as being valid is 1 in 232, that is, approximately 1 in 4.29 billion.


I want to see a transaction ID (but would settle for an error message from your client.)  C'mon.  Chicken?


how can you get a txid when it won't send?

That's why I said that an error message would be acceptable.  If you can get at your cold storage in one minute it should not take all that long to perform the experiment.



well, there you go.

Mycelium returns "invalid Bitcoin address".  trying to find a way to screenshot it but no luck.

I'll believe you.  But I'll not believe that you risked your whole stash on it without a screenshot.


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January 28, 2014, 11:02:30 PM
 #7564

OK.  Prove it.  Send your stash to: '1CYPHERpEiaoYk94dZQ4WLhirkgPSUgnDj' and let us know when you (or anyone) get them back.


https://en.bitcoin.it/wiki/Address

"Bitcoin addresses are case-sensitive. Bitcoin addresses should be copied and pasted using the computer's clipboard wherever possible. If you hand-key a Bitcoin address, and each character is not transcribed exactly - including capitalization - the incorrect address will most likely be rejected by the Bitcoin software. You will have to check your entry and try again.
The probability that a mistyped address is accepted as being valid is 1 in 232, that is, approximately 1 in 4.29 billion.


I want to see a transaction ID (but would settle for an error message from your client.)  C'mon.  Chicken?


how can you get a txid when it won't send?

That's why I said that an error message would be acceptable.  If you can get at your cold storage in one minute it should not take all that long to perform the experiment.



well, there you go.

Mycelium returns "invalid Bitcoin address".  trying to find a way to screenshot it but no luck.

I'll believe you.  But I'll not believe that you risked your whole stash on it without a screenshot.



but that wasn't the point, was it?  i was going to try and send .001 but as Holliday said above, i knew it wouldn't take it b/c of the checksum.

just doin' whateva i can to help out my good friend tv.
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January 28, 2014, 11:02:51 PM
 #7565




Edit: didn't even let me type in an amount. Just tossed the invalid address bubble the instant I pasted the address in.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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January 28, 2014, 11:11:22 PM
 #7566




Edit: didn't even let me type in an amount. Just tossed the invalid address bubble the instant I pasted the address in.

damn, Bitcoin is good!
Adrian-x
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January 28, 2014, 11:15:38 PM
 #7567




Edit: didn't even let me type in an amount. Just tossed the invalid address bubble the instant I pasted the address in.

Quick looks like thumbs keyboard on a Samsung initiate keyboard log trojan on bitcointalk.org.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
tvbcof
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January 28, 2014, 11:17:09 PM
 #7568


 - img - snip

Edit: didn't even let me type in an amount. Just tossed the invalid address bubble the instant I pasted the address in.

Maybe I'll fire up bitcoind tonight when I have free bandwidth and see what I get.

I only use bitcoind because it is easy to compile and relatively more easy to audit and because I can run it remotely through a low bandwidth connection.

There may be something I am not understanding, but if one can generate a valid key-pair off-line and one does not need to register an entry in the blockchain, then detecting valid addresses should require some other form of registry (which would completely suck and which I would not use.)  Perhaps there is a checksum internal to the actual public address string that I was unaware of.

---

I will say this, though.  If it is possible to get at one's deep storage in under a minute, it is likely possible to do so when someone has a gun to one's rib-cage.  I, for one, am not taking that chance.


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January 28, 2014, 11:22:32 PM
 #7569

Perhaps there is a checksum internal to the actual public address string that I was unaware of.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.

If you aren't the sole controller of your private keys, you don't have any bitcoins.
cypherdoc
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January 28, 2014, 11:25:48 PM
 #7570


There may be something I am not understanding,

yes, it is this.

Quote

 but if one can generate a valid key-pair off-line and one does not need to register an entry in the blockchain,

you don't

Quote

 then detecting valid addresses should require some other form of registry (which would completely suck and which I would not use.)  Perhaps there is a checksum internal to the actual public address string that I was unaware of.

https://en.bitcoin.it/wiki/File:PubKeyToAddr.png
---
Quote

I will say this, though.  If it is possible to get at one's deep storage in under a minute, it is likely possible to do so when someone has a gun to one's rib-cage.  I, for one, am not taking that chance.



just have a "spending" cold storage wallet.
cypherdoc
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January 28, 2014, 11:28:27 PM
 #7571

Perhaps there is a checksum internal to the actual public address string that I was unaware of.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.


damn, Bitcoin is good!
tvbcof
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January 28, 2014, 11:39:49 PM
 #7572

Perhaps there is a checksum internal to the actual public address string that I was unaware of.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.


My bad.  And I was being so careful all of these years.

---

@cypher:  You either can can get at all your Bitcoins with ease in which case you are prone to certain types of extortion, or you cannot.

If you only have a couple large to your name (or, arguably, have been wise enough to keep your involvement in Bitcoin top secret) then you probably have less to worry about on the more fringe types of attacks (or what are currently pretty rare attack surfaces.)  Someone who has more would be wise to be more careful.  Just like those who have a noticeable number of KR's.

I (seemingly alone, but recently having more company) am also worried about software and hardware exploits and factor them into my security plan.  Sure would suck to have your Bitcoin lifted by an 'angry bird'...or a video driver.  I don't even use Window or Android to check my real mail any more, much less have the ability to access private keys.  This after some bizarre behavior from my phone.


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January 28, 2014, 11:58:15 PM
 #7573

Perhaps there is a checksum internal to the actual public address string that I was unaware of.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.


My bad.  And I was being so careful all of these years.

---

@cypher:  You either can can get at all your Bitcoins with ease in which case you are prone to certain types of extortion, or you cannot.

If you only have a couple large to your name (or, arguably, have been wise enough to keep your involvement in Bitcoin top secret) then you probably have less to worry about on the more fringe types of attacks (or what are currently pretty rare attack surfaces.)  Someone who has more would be wise to be more careful.  Just like those who have a noticeable number of KR's.

I (seemingly alone, but recently having more company) am also worried about software and hardware exploits and factor them into my security plan.  Sure would suck to have your Bitcoin lifted by an 'angry bird'...or a video driver.  I don't even use Window or Android to check my real mail any more, much less have the ability to access private keys.  This after some bizarre behavior from my phone.



i agree.

anyone with a significant cold storage stash should put them in a bank vault with encrypted M of N required along with armed guards.
HeliKopterBen
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January 28, 2014, 11:58:23 PM
 #7574

Any day now...

I've made my BTC holdings as secure as my PM holdings, but at the expense of making my BTC almost as difficult to use as my gold.

Obviously I see a lot of the advantages of Bitcoin in terms of mobility and it's a big part of the reason that I'm dinking with it.  I'm just saying that securing one's private key is not a trivial problem.  Those who think it is or treat it like it is may have the mis-fortune of no longer having the problem.  And again, this is borne out by a huge amount of evidence (which does not appear to me to be slowing down much yet.)

I can confidently say that my bitcoin holdings are far more secure than my precious metal holdings.

Bitcoin can potentially be more secure than gold at Fort Knox with the right strategy of combining m of n with encrypted devices and multiple geographic locations... with little upfront cost for the user!  A thief would have better luck gathering up an army and trying to force their way in to a fortified vault protected by men with tanks and machine guns.

Counterfeit:  made in imitation of something else with intent to deceive:  merriam-webster
tvbcof
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January 29, 2014, 12:01:50 AM
 #7575

...
@cypher:  You either can can get at all your Bitcoins with ease in which case you are prone to certain types of extortion, or you cannot.

If you only have a couple large to your name (or, arguably, have been wise enough to keep your involvement in Bitcoin top secret) then you probably have less to worry about on the more fringe types of attacks (or what are currently pretty rare attack surfaces.)  Someone who has more would be wise to be more careful.  Just like those who have a noticeable number of KR's.

I (seemingly alone, but recently having more company) am also worried about software and hardware exploits and factor them into my security plan.  Sure would suck to have your Bitcoin lifted by an 'angry bird'...or a video driver.  I don't even use Window or Android to check my real mail any more, much less have the ability to access private keys.  This after some bizarre behavior from my phone.


i agree.

anyone with a significant cold storage stash should put them in a bank vault with encrypted M of N required along with armed guards.


Whatever one's solution, it does not make sense to elaborate on it excessively.


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January 29, 2014, 12:05:02 AM
 #7576

...
@cypher:  You either can can get at all your Bitcoins with ease in which case you are prone to certain types of extortion, or you cannot.

If you only have a couple large to your name (or, arguably, have been wise enough to keep your involvement in Bitcoin top secret) then you probably have less to worry about on the more fringe types of attacks (or what are currently pretty rare attack surfaces.)  Someone who has more would be wise to be more careful.  Just like those who have a noticeable number of KR's.

I (seemingly alone, but recently having more company) am also worried about software and hardware exploits and factor them into my security plan.  Sure would suck to have your Bitcoin lifted by an 'angry bird'...or a video driver.  I don't even use Window or Android to check my real mail any more, much less have the ability to access private keys.  This after some bizarre behavior from my phone.


i agree.

anyone with a significant cold storage stash should put them in a bank vault with encrypted M of N required along with armed guards.


Whatever one's solution, it does not make sense to elaborate on it excessively.



well, if one doesn't have alot, it doesn't hurt.
molecular
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January 29, 2014, 02:39:30 PM
 #7577

and sending from a cold storage wallet is trivial.

That depends on your definition of trivial. I wouldn't say it is.

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molecular
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January 29, 2014, 02:44:08 PM
 #7578


And so is actually using it...if you keep your paper wallet in your leather wallet...



as a matter of fact, i do.

it's called a privkey QR code and it's BIP38 encrypted via bitaddress.org.  if i wanted to pay you this minute, i'd whip it out, scan it with the cold storage function from Mycelium into my android's RAM, unencrypt it with my simple 8 character pwd, and send you the coin.  the privkey is wiped from RAM immediately when i close the program.  

hey, cypher, I made this cool app for android that quotes gold vs. bitcoin stats (silverbox style?) in realtime.

go install it at https://darkweb.0x0000.de/auvsxbt.apk

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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January 31, 2014, 01:14:51 PM
 #7579

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Now we will see if the markets fall apart at the seams - looks like they are starting to, with emerging market currencies and stock markets falling.
molecular
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January 31, 2014, 01:58:49 PM
 #7580

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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