Circle of Trust [Game/experiment] -- GAME OVER

[nimda]

I have encrypted the private key using AES 128bit pass phrase.

I call BS. There's no way anybody could decrypt something like that without the pass phrase (unless it was very weak, in which case it was not 128 bit)

Bitcoin Address:
169N4izDwoUb73Abwv8Qc1hSUTwpXanSwK
Private Key (Wallet Import Format):
5KMKBQAUGDayBLVLDxYGky3LfmYvs1U5HK8mGaVER2EeQDUY9ri

Passphrase was "bitcointalk.org"

There you go. "bitcointalk.org" is not 128 bits. it was not a "AES 128bit pass phrase." In fact, given where we are right now, I'd say the entropy is close to 0 bits  

NIMDA

Do you wish to put up a larger bounty with a much stronger pass phrase?

If I put up a bounty with a pass phrase which was actually "AES 128bit," you would never crack it.

[luv2drnkbr]

This thread is a giant circle jerk.  Try the experiment with 5 figures worth of BTC and see how long it lasts.

Edit:  To clarify, people like feeling good about themselves, and they'll pay one bitcoint o both feel good and not ruin their reputation.  But if your experiment is about complete trustworthiness, then you need to make the bounty something worth stealing, like 10K+ btc.

[Garr255]

This thread is a giant circle jerk.  Try the experiment with 5 figures worth of BTC and see how long it lasts.

BTC20 says < 10 transactions, with the same requirements as this thread.

[dooglus]

This thread is a giant circle jerk.  Try the experiment with 5 figures worth of BTC and see how long it lasts.

BTC20 says < 10 transactions, with the same requirements as this thread.

I don't understand what "BTC20 says < 10 transactions" means.

But nobody has to trust anyone here except for the first guy.  He needs to trust us all.  The rest of us never risk anything.

[arklan]

garr is saying that a five figure sum of bitcoins passed in the same manner as this thread wouldn't make it past ten transactions before being stolen, and he's betting 20 btc on it.

[Garr255]

garr is saying that a five figure sum of bitcoins passed in the same manner as this thread wouldn't make it past ten transactions before being stolen, and he's betting 20 btc on it.

Yup. Apologies for the American slang

[Garr255]

I think we could make this a bit more interesting with a larger sum.  For the sake of the example let's use 1000 BTC.

Well that's pretty much, you know, ALL my money. The style points:risk ratio is too high for me

Same thing with 100 coins. Although it would be a fun game to watch once you're out of it.

[fatigue]

I think we could make this a bit more interesting with a larger sum.  For the sake of the example let's use 1000 BTC.  Now the agreement is this:  If the person you pass it to takes it and runs you owe the BTC to the owner.  That way there is risk at every hand off.  Now I know a handfull of people I would easily trust with 1000 BTC.  So I would pass it to them.  If they run I owe the 1000 to the owner, but as soon as they pass it on to someone else, hopefully someone they trust with that much - then I am off the hook (and they are on it).

If we do this we should start a new thread and whoever gets the BTC should select who they send it to and just notify us.  Something like:

I got the 1000 (or 100, or whatever) BTC from Patrick and passed it on to Kluge.  Transaction detail...

Then Kluge would state in the thread:  I got the BTC from BurtW and passed it on to PirateAt40.  Transaction detail...

Etc.  Each post would be exactly one transfer, easy to track.

I love this idea, the only issue is getting someone to put up 1k btc to be distributed as the rest of the line sees fit.

For example, in this current experiment, let's say some known scammer lists his address. The likely thing to happen is that the people involved already dismiss his entry by consensus(this would be more prevalent if it were a larger sum)

Now in your proposed experiment this couldn't happen, though I suspect the recievers would be more carefully chosen.

Just some thoughts.

[giszmo]

See the new 100 BTC "trust roulette"

https://bitcointalk.org/index.php?topic=93250.0

Hey, wait! You didn't give me time to feed my sockpuppets so I can give them the 100BTC from one to the other so nobody is pointing at me in the end

If you are so desperate to loose your money, why not spend it on a good cause? What will this proof? Many here in the forum hold much bigger assets of many of us (aka we trust them already with 100s of our BTC). The OTC rating and many other webs of trust are in place.

With 1BTC play money this is somehow a fun game and I would love to use it as an example later on. Imagine this with bank transfers: "Please post your bank details and I will send you 8$ and after #100 I get my 8$ back." How ridiculous sounds that? Identity theft? Privacy concerns? Fees anybody? This context is why I participated.

Who calculated the total fees paid so far?

[Garr255]

Who calculated the total fees paid so far?

Lol, this is just an elaborate distraction to increase Cognitive's revenue

[RyNinDaCleM]

Garr, since there is the new thread, do you just want your coins back or should I just wait for the next address post?
I'm off to bed, but I will check in periodically tomorrow to see who's next.

[Garr255]

If you have the coins and there's nobody else on the list, you can hang on to them until someone else posts, unless you only check the forums once a month

[RyNinDaCleM]

If you have the coins and there's nobody else on the list, you can hang on to them until someone else posts, unless you only check the forums once a month

Nope! I'm here every day. I have no life...

[dooglus]

Who calculated the total fees paid so far?

I did.  It's 0.0435 BTC:



        2012-07-11 01:58:39     1 BTC            (fee = 0.0005 BTC)
1 #2               Garr255                 189JHV6KPzvnPmjYCGPbvMMmZUWppere7h
        2012-07-11 02:07:23     1 BTC            (fee = 0.0005 BTC)
2 #3               the joint               17EVRSvdPJGhk7uKHCpY9ghnWnx7j3pPAs
        2012-07-11 02:08:41     1 BTC            (fee = 0 BTC)
3 #4               sadpandatech            13YmfB6TeLzyCdnwsVZ5MdYVCLnfm5eNGF
        2012-07-11 02:17:00     1 BTC            (fee = 0.0005 BTC)
4 #5               nimda                   1KiZGitw2zEr4uPzZsT7dh7F6e5yoKGvE7
        2012-07-11 02:34:16     1 BTC            (fee = 0.001 BTC)
5 #6               Al the Alpaca           1EWRJ5BeibZxMguujPLzqM8WWiHpFJtLLx
        2012-07-11 02:55:11     1.0011 BTC       (fee = 0.0005 BTC)
6 #19              pirateat40              1CR5BadHQt8wd4t98mE4rw9hUfSGQ4ZGDg
        2012-07-11 02:58:12     1.0011 BTC       (fee = 0 BTC)
7 #20              rjk                     17qypELtTKqr716m937wLWbapnFG6i4fyZ
        2012-07-11 03:09:42     1.0006 BTC       (fee = 0.0005 BTC)
8 #21              NothinG                 1BjMLLGrwYk3hrcnSqEUEeGchkx9tiykfY
        2012-07-11 03:47:36     1.0101 BTC       (fee = 0.0005 BTC)
9 #27              PatrickHarnett          1KwECAhJGr8BPGgn6mezf5Z3jT7vG1HaAZ
        2012-07-11 04:01:49     1 BTC            (fee = 0 BTC)
10 #32             pekv2                   12NcNYb2oEh6ANo95AakEjPqQdgbcxh4m9
        2012-07-11 04:14:25     1 BTC            (fee = 0 BTC)
11 #34             unclemantis             12kM9BocNb5zSG7RMKp9wPxopK5NpayrMZ
        2012-07-11 14:39:05     1 BTC            (fee = 0.002 BTC)
12 #39             mb300sd                 1HVmv5EtQZtcsFfXe6Crz972BrB1MwsNCM
        2012-07-11 16:33:35     1 BTC            (fee = 0.0005 BTC)
13 #44             rudrigorc2              1MSPwixhqiwMLXxw3WXtNjg2nst6qVWhCX
        2012-07-12 02:58:38     1 BTC            (fee = 0.0005 BTC)
14 #49             Brunic                  16Hz2xA4NmAp4CU3Mr9aJy8H9D5XqXupHG
        2012-07-12 03:54:41     1 BTC            (fee = 0 BTC)
15 #52             fatigue                 1Fj4QZbavJeKfagjDqUPFqQ4iJ4bHqFAMG
        2012-07-12 05:15:43     1.013 BTC        (fee = 0.0005 BTC)
16 #88             Phraust                 15UJrPbxd6ULPJaxASUoWUp6xc473T7mww
        2012-07-12 06:18:20     1.013 BTC        (fee = 0.01 BTC)
17 #89             adamstgBit              15nutdfqcS38hXdZoL7LNz5wBt8Aq4wCUT
        2012-07-12 07:29:35     1.008 BTC        (fee = 0.0005 BTC)
18 #90             bluefirecorp            1PsQ8qFp6ZY94gXvFLP4cqcmoLQSDCqLJc
        2012-07-12 07:30:56     1.008 BTC        (fee = 0 BTC)
19 #91             Drakahn                 1C1UMHsdPxgsWGWBhdaTC47kibJjFgWnhb
        2012-07-12 07:46:43     1.008 BTC        (fee = 0.0005 BTC)
20 #92             Gladamas                1FVySmZNZ6LUvz1mKkt9zgRWjBzvkM4Roh
        2012-07-12 16:03:50     1.0395 BTC       (fee = 0.0005 BTC)
21 #93             phantitox               1GtGFJskG47Q6Q1NFsfMLWfNV9ivabbyab
        2012-07-12 21:06:54     1 BTC            (fee = 0 BTC)
22 #98             John (johnthedong)      1Cm2ymVqiHA42jv31rtyze684oWTDkreza
        2012-07-12 23:29:08     1 BTC            (fee = 0.0005 BTC)
23 #107            Keefe                   1BZy1xxwcxQyRZErcYUFke72TSU7cV5Ptf
        2012-07-13 02:38:11     1 BTC            (fee = 0.0005 BTC)
24 #110            Otoh                    1G5apmPvo2iTtmkNWAHTCET7Y842Ufijs8
        2012-07-13 08:00:11     1.01010101 BTC   (fee = 0.0005 BTC)
25 #75             [Tycho]                 1VayNert3x1KzbpzMGt2qdqrAThiRovi8
        2012-07-13 09:02:36     2.08811815 BTC   (fee = 0 BTC)
26 #67             Dalkore                 12SSYCcvaHadm8Myxb3mUTzyv96VNhyzeZ
        2012-07-13 14:56:41     2.08811815 BTC   (fee = 0.01 BTC)
27 #133            payb.tc                 14no5MUE4ur2gyyEE3BHpHhV82gKm8NLbH
        2012-07-13 15:05:57     2.08811815 BTC   (fee = 0.0005 BTC)
28 #115            damnek                  17xbiU6EWdaf74rmwxPv9AQZc1MeKMWh5n
        2012-07-13 16:32:44     2.08811815 BTC   (fee = 0.0005 BTC)
29 #117            Tril                    1Xgeo7EQgrk22paxmKVrhNVSmauczL6EE
        2012-07-13 19:43:35     2.07811815 BTC   (fee = 0.01 BTC)
30 #118            Scott J                 18UVSvCAb6QGjPSdiXxveeu56ujmu3kTt4
        2012-07-13 20:36:33     2.08 BTC         (fee = 0.0005 BTC)
31 #140            honest bob              14x3n2ntSAGN4gGvGoLhi6NbUuuoWwvfdL
        2012-07-13 20:44:19     2.0801337 BTC    (fee = 0 BTC)
32 #143            giszmo                  1KLYFWyv5aeci2PwJQs9aTRN1JRzDDL96o
        2012-07-13 21:50:37     2.0801337 BTC    (fee = 0.0005 BTC)
33 #145            arklan                  1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb
        2012-07-13 22:56:41     2.0801337 BTC    (fee = 0.001 BTC)
34 #159            dooglus                 1BooBz2AEwUd6JepB7NhNsnAe58Q6obpcu
        2012-07-13 23:23:42     2.0801337 BTC    (fee = 0 BTC)
35 #160            riX                     155gBnpiBQcpnP6coTX6V7znSK3G73uNjK
        2012-07-13 23:41:53     2.0801337 BTC    (fee = 0 BTC)
36 #175            RyNinDaCleM             1Bgi9fX1TD9cnuzBvWGLfm7D7sNVEq96UU
        ...
101 #1             Return to Sender        18dktRf1EYbyaYTkSSZJiacBmCemxwWdqm

[Otoh]

lol

Al the Alpaca added 0.0011 BTC
rkj added 0.0005 BTC
NothinG added 0.0095
PatrickHarnett taxed 0.0101
fatigue added 0.013 BTC
adamstgBit taxed 0.005
Gladamas added 0.0315
phantitox taxed 0.0395
Otoh added 0.01010101
[Tycho] added 1.07801714
Scott J added 0.0188185
honest bob added 0.0001337

[dooglus]

lol

Al the Alpaca added 0.0011 BTC
rkj added 0.0005 BTC
NothinG added 0.0095
PatrickHarnett taxed 0.0101
fatigue added 0.013 BTC
adamstgBit taxed 0.005
Gladamas added 0.0315
phantitox taxed 0.0395
Otoh added 0.01010101
[Tycho] added 1.07801714
Scott J added 0.0188185
honest bob added 0.0001337

... assuming I picked out the correct transactions.  I may have made mistakes.

[Scott J]

lol

Al the Alpaca added 0.0011 BTC
rkj added 0.0005 BTC
NothinG added 0.0095
PatrickHarnett taxed 0.0101
fatigue added 0.013 BTC
adamstgBit taxed 0.005
Gladamas added 0.0315
phantitox taxed 0.0395
Otoh added 0.01010101
[Tycho] added 1.07801714
Scott J added 0.0188185
honest bob added 0.0001337

... assuming I picked out the correct transactions.  I may have made mistakes.

That appears to be correct.

[Gladamas]

lol

Al the Alpaca added 0.0011 BTC
rkj added 0.0005 BTC
NothinG added 0.0095
PatrickHarnett taxed 0.0101
fatigue added 0.013 BTC
adamstgBit taxed 0.005
Gladamas added 0.0315
phantitox taxed 0.0395
Otoh added 0.01010101
[Tycho] added 1.07801714
Scott J added 0.0188185
honest bob added 0.0001337

Ya, I wish the coins I added were passed on for transaction fees. Oh well...

[unclemantis]

This game is making the miners richer! This game needs to stop! LOL

[Phinnaeus Gage]

I feel something good will stem from this experiment.

~Bruno~