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Showing 20 of 54 results by Cunningham
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Re: [2014-05-16] CoinFront – Virus Signature in Bitcoin Blockchain
by
Cunningham
on 18/05/2014, 14:10:10 UTC
Microsoft Security Essentials reporting false positives in the Bitcoin blockchain, constantly notifying users.
https://answers.microsoft.com/en-us/protect/forum/mse-protect_updating/microsoft-security-essentials-reporting-false/0240ed8e-5a27-4843-a939-0279c8110e1c

So it's confirmed, thank you. Of course it's just a text signature, but still quite an annoying prank.
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Re: [2014-05-16] CoinFront – Virus Signature in Bitcoin Blockchain
by
Cunningham
on 18/05/2014, 06:09:30 UTC
It seems MSE does not find the Virus signature in every Software. I got W7, bitcoin core 0.9.1 (newest Version) and when I run MSE no warning appears

Interesting. So we have no confirmation of this story so far. Is it a hoax?
Also, I have not found any information about which block exactly should contain the virus signature.
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[2014-05-16] CoinFront – Virus Signature in Bitcoin Blockchain
by
Cunningham
on 18/05/2014, 02:50:49 UTC
Microsoft Security Essentials Reports Virus Signature in Bitcoin Blockchain
http://thecoinfront.com/microsoft-security-essentials-reports-virus-signature-in-bitcoin-blockchain/

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The blockchain allows a small amount of text to be added to each transaction, and someone took advantage of this to upload the signature for the virus DOS/STONED into the blockchain.

The DOS/STONED virus is a prank virus which doesn't do any actual damage. All it does is display "YOUR COMPUTER HAS BEEN STONED" on one out of every eight boot-ups. The virus is over a quarter century old, and may not even be compatible with modern operating systems.

Because it's supposedly only the signature of the virus, and not the virus itself, there is no likely danger to Bitcoin users. But this concept does represent a dangerous precedent. Even if it's only the virus signature, the fact that malicious code can be inserted into the blockchain could cause fear and uncertainty in the blockchain, and push users away from Bitcoin.

Obviously this prank rather shows the stupidity of Microsoft's antivirus, but is there someone who can give technical details about how it was done? In all the articles about this topic there are only very vague descriptions. Also, I have seen discussions about what kind of data can be inserted into the blockchain. Is this a real danger to the blockchain, or just a harmless joke?
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Re: [2014-01-09] Bitcoin Miners Ditch Ghash.io Pool Over Fears of 51% Attack
by
Cunningham
on 11/01/2014, 08:00:00 UTC
According to Blockchain.info, Ghash.io accounted for more than 42% of bitcoin mining power a day ago, but over the past 24 hours its share has dropped to 38%. ..."

Now Ghash.IO is already down to 30%. Quite a dramatic correction!
https://blockchain.info/pools?timespan=24hrs
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Re: (2014-01-10) In First Day With Bitcoin, Overstock Does $126,000 in Sales
by
Cunningham
on 10/01/2014, 20:04:56 UTC
This is the END of all Bitcoin critics.  Smiley
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Re: [2014-01-10] Video Bloomberg - Overstock.com Now Accepting Bitcoin?
by
Cunningham
on 10/01/2014, 18:00:39 UTC
Thats because miners are making free money, so its like free goods to them

Aaah the fine irony ...  Cheesy
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Re: Peter Schiff understands a shit (sadly) and gets schooled on Bitcoin Trace Mayer
by
Cunningham
on 10/01/2014, 07:00:11 UTC
Schiff just has to read Satoshi's paper if he really wants to "get" bitcoin.

A man as ignorant as Peter Schiff will never read the original Satoshi paper.
He will always find an excuse not doing so, e.g. telling himself it is not worth his time. While in reality, he is just too dumb to understand it.

Just take a close look at the video. First he is clearly not interested in the subject at all, checking his mobile while "listening" to Trace Mayer.
Then he fakes some interest for 5 seconds. Then his face goes blank instantly when he is forced to actually think about what Trace says.

Schiff does not have the faintest clue how unbelievable stupid he looks when debating Bitcoin.
Thanks god, Bitcoin does not need people like Peter Schiff the same way as Peter Schiff does not need Bitcoin.



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[2014-01-07] CT - “Bitcoin könnte noch mehr verändern als das Internet”
by
Cunningham
on 07/01/2014, 07:43:45 UTC
“Bitcoin könnte noch mehr verändern als das Internet”
http://www.citizentimes.eu/2014/01/07/bitcoin-koennte-noch-mehr-veraendern-als-das-internet/

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Der Bitcoin wird nicht über- sondern in seiner Wirkung von vielen deutlich unterschätzt. Bitcoin hat das Potenzial, die Welt noch viel stärker zu verändern als das Internet. Freie, dezentrale Zahlungssysteme wie Bitcoin machen eine globale Wirtschaft möglich, in der jeder Mensch auf der Welt mit jedem anderen direkt Handel treiben kann, ohne dass zentrale Machthaber dies einschränken könnten. Das bedeutet einen Zuwachs an Freiheit für das Individuum, den man sich bisher kaum vorstellen kann. Die Macht von Regierungen, die Menschen zu unterdrücken und auszurauben, wird dadurch fundamental eingeschränkt. Eine wirklich freie Marktwirtschaft, die von Machthabern nicht mehr zu ihren Gunsten manipuliert und verzerrt werden kann, wird zu einem weltweit steigenden Wohlstand führen.

Sehr lesenswertes Interview mit Aaron Koenig.
Und natürlich eine unschlagbare Titelüberschrift. Smiley
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Re: 2013-12-13 Alex Jones - Max Keiser Breaks Down Bit Coin
by
Cunningham
on 14/12/2013, 07:35:04 UTC
he doesn't have a background in programming so i strongly doubt it.

From his Wikipedia:

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Keiser invented "Virtual Specialist Technology", a software system used by the Hollywood Stock Exchange.

He also said himself that he holds some software patents on virtual currencies:

[3:30] min into the show...

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I am the only one in the world who has four patents on virtual currencies ...

http://www.youtube.com/watch?v=8GJ1A3hnirU&feature=youtu.be&t=3m32s
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Re: 2013-12-13 Alex Jones - Max Keiser Breaks Down Bit Coin
by
Cunningham
on 14/12/2013, 06:07:31 UTC
i think this is the video where he was accusing max of being satoshi  Cheesy

Alex has been accusing Max of being Satoshi in the past and in this show he is again asking Max if he was Satoshi. Maybe he just keeps inviting Max to tease out the confession live on the show... Cheesy By the way, in my own opinion, it is not totally unlikely that he really is. I think there is maybe a 5% chance that he is indeed Satoshi.
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2013-12-13 Alex Jones - Max Keiser Breaks Down Bit Coin
by
Cunningham
on 14/12/2013, 05:41:42 UTC
The Alex Jones Channel - Max Keiser Breaks Down Bit Coin
http://www.youtube.com/watch?v=8GJ1A3hnirU

Max Keiser vs Alex Jones - A must see!  Cheesy

Alex Jones has been very critical about Bitcoin in the last couple of months. So Max reminded him with his first sentence that Alex has Bitcoin ads on his website...  Wink The rest of the interview is also very entertaining.

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2013-12-13 WSJ - India Catches Bitcoin Fever
by
Cunningham
on 13/12/2013, 01:10:26 UTC
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2013-12-13 ABC - Bitcoin chosen as word of the year
by
Cunningham
on 13/12/2013, 00:50:12 UTC
Bitcoin chosen as word of the year by Australian National Dictionary Centre
http://www.abc.net.au/news/2013-12-13/australian-dictionary-centre-chooses-bitcoin-as-word-of-the-year/5154160


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Re: 2013-12-10 Cyprus Central Bank warns about risks in use of Bitcoin
by
Cunningham
on 12/12/2013, 08:39:51 UTC
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Cyprus Central Bank has warned that using the virtual currency Bitcoin is dangerous.

Bacteria has warned that using Penicillin is dangerous.
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Re: 2013-12-10 CNET - PayPal Online President says Bitcoin is good
by
Cunningham
on 10/12/2013, 14:59:08 UTC
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People are confused. They think because it's called cryptocurrency it's a currency. I don't think it is a currency. It's a store of value, a distributed ledger. It's a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government's currency does not hold value. It's also a good investment vehicle if you have an appetite for risk. But it won't be a currency until volatility slows down.

I like this point of view. Bitcoin as a store of value, this makes a lot of sense.
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2013-12-10 RT [Video] - Keiser Report: Bitcoin Battle
by
Cunningham
on 10/12/2013, 12:26:37 UTC
Keiser Report: Bitcoin Battle (E534)
http://www.youtube.com/watch?v=tZDmpiSdTTk

The one and only Max talking about Bitcoin again!  Cool
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Re: You can buy sandwitches with bitcoins in Russia
by
Cunningham
on 10/12/2013, 12:04:37 UTC
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2013-12-10 Dollar Vigilante - BITCOIN’S EVOLUTION WILL BE SWIFT
by
Cunningham
on 10/12/2013, 07:20:26 UTC
BITCOIN’S EVOLUTION WILL BE SWIFT
http://dollarvigilante.com/blog/2013/12/10/bitcoin%E2%80%99s-evolution-will-be-swift.html

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Current payment systems simply can’t compete with bitcoin’s fees, security and convenience.  Why spend hundreds of thousands of dollars on bank fees per year and lose hair as money transfers bounce from bank to bank during a wire transfer sometimes taking days to reach its destination, when it can clear within minutes and for mere pennies?  As a currency, no sovereign can match it.  As a payment system, no financial institution can compete with it.  As a distributed network, no government can stop it.

Extremely bullish article about Bitcoin. Quite a pleasant read!  Smiley
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2013-12-08 Siliconangle: Bitcoin isn’t banned in China, only legally defined
by
Cunningham
on 09/12/2013, 12:33:06 UTC
Bitcoin isn’t banned in China, only legally defined.
http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/

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I used to be a vice president for a large investment bank based in Hong Kong, so I can provide a little better insight than most on what’s going on with.

The People’s Bank of China has basically given the green light for Bitcoin trading and exchanges.  They are trying to keep Bitcoin trading “separate” from the other parts of the financial system so that if Bitcoin blows up, then nothing bad will happen.  The thing that I think they are worried about is a Lehman Brothers-style situation in which something blowing up in derivatives brings down the rest of the economy.

Please read the whole informative article, it's a good one.
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[2013-12-08] Forexmagnates - Tel Aviv: Bitcoin Goes High Profile
by
Cunningham
on 09/12/2013, 00:12:24 UTC
Tel Aviv Welcomes Senior Bank Executives & Academics As Bitcoin Goes High Profile
http://forexmagnates.com/tel-aviv-welcomes-senior-bank-executives-academics-as-bitcoin-goes-high-profile/

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In attracting such a high-profile audience, including Bank of Israel governor Professor Stanley Fischer, at today’s Israel Business Conference, it is clear that Israel embraces the virtual currency and provides industry leaders with the basis in which to freely discuss it without any detriment to the existing financial system.

Following fiatleak.com for a while now, I noticed that Israel is one of the countries buying the fewest BTC of all. Maybe this is about to change soon?