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Author Topic: Bitcoinica stolen coin returns  (Read 12203 times)
hazek
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May 21, 2012, 03:57:57 PM
 #101

Btw we had kings ... for most of our history until we didn't.
And society is worse now than it was with kings. I support monarchy.

I guess as a consequence of cognitive dissonance you now resorted to trolling because I cannot for the life of me take you seriously anymore.

EDIT: btw I'm done with this pointless discussion, in the end Bitcoin is regulated strictly by market consumers and this issue will get sorted out by itself regardless of what any of us individually believe.

And in case anyone wants to get rid of some so called tainted coins, look at my signature.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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Polvos
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May 21, 2012, 04:01:19 PM
 #102

Btw we had kings ... for most of our history until we didn't.
And society is worse now than it was with kings. I support monarchy.
Believe me, you don't support it. Anybody with half brain don't support it. And I know what I'm saying.

Turbor
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May 21, 2012, 05:31:07 PM
 #103

"Bitcoinica caused much harm to the value of Bitcoin. They were targeted and destroyed. As sure as Bitcoinica fell, the value of Bitcoin rose. Profit from devaluation surely destroys a currency." AMEN  Roll Eyes

Who said that again? It sounds so familiar...


EhVedadoOAnonimato
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May 21, 2012, 07:06:23 PM
 #104

the development of an alt-coin (double blinding signing) which makes such registries more such lunacy more difficult to implement.

Are you suggesting it is possible to combine eCash blinded signature with a decentralized blockchain, somehow? In other words, a fully anonymous p2p currency??
Please, explain a little more if that's the case. Perhaps open a new topic about it...
marcus_of_augustus
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May 21, 2012, 10:37:06 PM
 #105

As much as it pains me to admit I think this idea of tainted coins will lead bitcoin to it's death.

Me too. Someone should file a bug report to the devs.

The solution, of course, is strong anonymity and not the half-baked pseudo-anonymity scheme bitcoin uses at present ... like real cash (who woulda thunk?)

FreeMoney
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May 22, 2012, 01:13:57 AM
 #106

the development of an alt-coin (double blinding signing) which makes such registries more such lunacy more difficult to implement.

Are you suggesting it is possible to combine eCash blinded signature with a decentralized blockchain, somehow? In other words, a fully anonymous p2p currency??
Please, explain a little more if that's the case. Perhaps open a new topic about it...

Yeah, it would be like magic. I mean Bitcoin is like magic sort of, but no double spending and no trail just seems like fairy tales. Obv I'm very interested if someone can explain how this could be possible.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
giszmo
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May 22, 2012, 01:41:30 AM
 #107

the development of an alt-coin (double blinding signing) which makes such registries more such lunacy more difficult to implement.

Are you suggesting it is possible to combine eCash blinded signature with a decentralized blockchain, somehow? In other words, a fully anonymous p2p currency??
Please, explain a little more if that's the case. Perhaps open a new topic about it...

Yeah, it would be like magic. I mean Bitcoin is like magic sort of, but no double spending and no trail just seems like fairy tales. Obv I'm very interested if someone can explain how this could be possible.

Either it should be possible or possible to proof to be impossible. Either way this aspect as others said before on this thread is of ultimate importance to the overall success of bitcoin.

As much as I would love to see Bitcoins to be ultimately fungible, if I see somebody tries to buy my goods with 100% stolen coins, I will kick his ass and not accept these coins. If his coins are 1/1000th tainted, i would not start an argument. Still if MtGox officially takes these coins like they were only 999/1000, same would I to my customer.

I'm pretty sure that such measures will never make it into the protocol but likewise I'm sure that we will see clients capable of polling blacklists that at least tell the user a history of some of the coins he's about to receive.

btccomm
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May 22, 2012, 02:06:22 AM
 #108

As much as it pains me to admit I think this idea of tainted coins will lead bitcoin to it's death.

Me too. Someone should file a bug report to the devs.

The solution, of course, is strong anonymity and not the half-baked pseudo-anonymity scheme bitcoin uses at present ... like real cash (who woulda thunk?)
+1
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May 22, 2012, 02:21:44 AM
 #109

If he really wanna distribute the coins in the robin hood fashion he'd donate to p2pool.
This way the coins would be evenly and most untraceable distributed and it would make p2pool the largest pool.
+18,000 Cheesy

  • The government does have the authority to investigate and prosecute these cases

Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.

Bitcoins do have value which can be determined just as assuredly as any painting or antique. Stealing something that can be shown to have value makes the thief liable to prosecution and responsible to the party to repay what was stolen, if proven to be the thief.
If I break into a house and steal some jewelry which I later pawn, the police, checking the pawn shops, will collect the stolen property and not provide any compensation to the pawn shop. The pawn shop must get in line to collect if the thief is ever caught. The pawn shop owner isn't charge with any crime related to the theft.

For Bitcoin to be a true global currency the value of BTC needs always to rise.
If BTC became the global currency & money supply = 100 Trillion then ⊅1.00 BTC = $4,761,904.76.
P2Pool Server List | How To's and Guides Mega List |  1EndfedSryGUZK9sPrdvxHntYzv2EBexGA
Luke-Jr
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May 22, 2012, 02:43:23 AM
 #110

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.

Daily Anarchist
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May 22, 2012, 02:48:25 AM
 #111

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.

Armed and violent men in costume does not constitute lawful authority. At least not in my book. If you desire a master like that I'm not going to stop you.

Discover anarcho-capitalism today!
Luke-Jr
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May 22, 2012, 02:54:06 AM
 #112

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.
Armed and violent men in costume does not constitute lawful authority. At least not in my book. If you desire a master like that I'm not going to stop you.
Whether or not one desires reality, does not make it any less real. I dislike every State operating today, but they are still States with legitimate authority.

Daily Anarchist
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May 22, 2012, 03:08:37 AM
 #113

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.
Armed and violent men in costume does not constitute lawful authority. At least not in my book. If you desire a master like that I'm not going to stop you.
Whether or not one desires reality, does not make it any less real. I dislike every State operating today, but they are still States with legitimate authority.

None of them have legitimate authority because all of them are funded through theft. You find me a Defense Agency that is voluntarily funded and you may have some legitimate authority.

Discover anarcho-capitalism today!
ineededausername
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May 22, 2012, 03:37:04 AM
 #114

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.

herp derp

Sometimes I think the entire fundie luke jr thing is just trolling since you are very intelligent in other ways, but I suppose indoctrination gets to the best of us. 

Also, if God is the source of all authority, God is the source of all violence, which would make him very evil indeed.  Congratulations on justifying the reign of Hitler while you were at it.

(BFL)^2 < 0
marcus_of_augustus
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May 22, 2012, 04:07:03 AM
 #115

the development of an alt-coin (double blinding signing) which makes such registries more such lunacy more difficult to implement.

Are you suggesting it is possible to combine eCash blinded signature with a decentralized blockchain, somehow? In other words, a fully anonymous p2p currency??
Please, explain a little more if that's the case. Perhaps open a new topic about it...

Yeah, it would be like magic. I mean Bitcoin is like magic sort of, but no double spending and no trail just seems like fairy tales. Obv I'm very interested if someone can explain how this could be possible.

Homomorphic encryption should theoretically be able to do what you are calling a "fairy tales" ... noone said it was easy though.

kano
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May 22, 2012, 04:23:20 AM
 #116

If he really wanna distribute the coins in the robin hood fashion he'd donate to p2pool.
This way the coins would be evenly and most untraceable distributed and it would make p2pool the largest pool.

Anyone checked the balance of this supposed giveback account, there are like 13coins on there, now that's pathetic.
Actually ... I had a look at that address that Luke-jr gave out

And it is a little interesting:
http://blockchain.info/address/1BPKHoL1sAVnfzxnH38RfXYYcHrEcniUKW

The first transaction to that address (at the bottom) I guess is a test transaction:
http://blockchain.info/tx-index/6244057/b72e2ebcf768dc93781faa31c00c99ea202761c405a53e02e46cd5911f9ea233

Which comes from the IP address 69.178.3.55
http://blockchain.info/ip-address/69.178.3.55

And the first 2 transactions listed at blockchain.info from that IP address are from the addresses:

1) 1L2Xi8ZB3jkgpZsvLjWUexUPAujcGVAqqk
and
2) 1P5mbiNiPhcwhENSpfJdZ4VSwW3R95ySQw

now 1) leads directly back to 2) (2 steps back)
http://blockchain.info/address/1L2Xi8ZB3jkgpZsvLjWUexUPAujcGVAqqk

... and you will get a chain of addresses leading exactly back to

3,488 BTC with lots of sizeable transactions along the way over the past 2 days.

However! If you click on
http://blockchain.info/address/1P5mbiNiPhcwhENSpfJdZ4VSwW3R95ySQw

And follow it 1 step forward (instead of back) to this address where most of it's BTC went:
http://blockchain.info/address/18iWntFfrMo6S5P3BBUg6uDhEarFqhnSn

Which is a very interesting address ... since it has process 49,511.8954335 BTC since 12-Mar ...

So I guess that's either a sizeable transaction service ... or ? Smiley

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
finkleshnorts
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May 22, 2012, 04:37:27 AM
 #117

  • The government does have the authority to investigate and prosecute these cases
Yeah? Where did they get this authority from? Did we agree to this? Did we give our consent?
The State's authority comes from God, who is the source of all authority and life. God's rights are unlimited, and don't require your consent.
For those who believe not in God, lawlessness already exists.
Rather, for those delusional enough to deny God's existence, they find it easy to also deny the reality of lawful authority.

herp derp

Sometimes I think the entire fundie luke jr thing is just trolling since you are very intelligent in other ways, but I suppose indoctrination gets to the best of us. 

Also, if God is the source of all authority, God is the source of all violence, which would make him very evil indeed.  Congratulations on justifying the reign of Hitler while you were at it.

No! Godwin's law dammit! http://en.wikipedia.org/wiki/Godwin's_law
benjamindees
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May 22, 2012, 05:31:26 AM
 #118


It's too late.  Luke wins the thread.  He is now your king and lawful ruler... amen.

Civil Liberty Through Complex Mathematics
EhVedadoOAnonimato
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May 22, 2012, 07:06:46 AM
 #119

the development of an alt-coin (double blinding signing) which makes such registries more such lunacy more difficult to implement.

Are you suggesting it is possible to combine eCash blinded signature with a decentralized blockchain, somehow? In other words, a fully anonymous p2p currency??
Please, explain a little more if that's the case. Perhaps open a new topic about it...

Yeah, it would be like magic. I mean Bitcoin is like magic sort of, but no double spending and no trail just seems like fairy tales. Obv I'm very interested if someone can explain how this could be possible.

I found this: http://wbl.github.com/bitcoinanon.pdf

I read it once, and my conclusion is: I'm too ignorant in cryptography.
I just can't understand what's in that paper. I'll search if it has been discussed here already. By discussed I mean explained in a language mere mortals may understand.
shockD
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May 22, 2012, 07:09:42 AM
 #120

Btw we had kings ... for most of our history until we didn't.
And society is worse now than it was with kings. I support monarchy.

thefuck?
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