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Showing 12 of 12 results by FUEPA
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Topic
Board Bitcoin Discussion
Re: How difficult it is to actually trace someone's transaction?
by
FUEPA
on 13/04/2014, 14:54:45 UTC

* I don't want the merchant to know I paid him from my 10,000+ btc stash
* I was one of the few who were able to withdraw from mtgox and don't want someone to trace my coins back to gox.

How difficult would it be to trace these coins if I first put them through shared coin?
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Topic
Board Bitcoin Discussion
Re: Your Bitcoin storage solution? "Share It!"
by
FUEPA
on 13/04/2014, 01:16:19 UTC
offline computer generate 300 addresses. Each private key is then made a 3 of 7 using shamir's secret sharing. I hold 2 paper copies and 1 on a true-crypt drive. the other 4 are sent to family and friends that wouldn't meet unless I died or was wrongly accused of a crime.
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Board Service Discussion
Re: February 15th, 2014 new announce from mtgox ,
by
FUEPA
on 15/02/2014, 14:15:29 UTC
cheap coins at gox...  hmmmm.

Some would say worthless
Post
Topic
Board Bitcoin Discussion
Re: About seizing and extraction
by
FUEPA
on 03/11/2013, 20:46:31 UTC

create an offline TX ready to broadcast to an address you already own, and give it to a trusted friend. I don't understand the particulars, but it shouldn't involve private keys, but public information - correct?

If the authorities wish to seize, your friend broadcasts the tx while you claim you gave the private key to officer Smith while in custody.
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Topic
Board Trading Discussion
Re: Bank of the West is Shutting Down Our Account for Accepting Bitcoins
by
FUEPA
on 19/07/2013, 23:33:42 UTC
I was just going to suggest that bitcoin stop accepting Bank Of the West. Yeah!
Post
Topic
Board Speculation
Re: A Much More Fun Downtrend
by
FUEPA
on 16/07/2013, 00:26:07 UTC

I shouldn't have said "not permitted". There are no USD withdrawals from MtGox at this time. I'm pointing out the economics -- you would expect less offers for USD when there is a delay for USD. Higher USD prices for BTC leads to less USD deposits, and more BTC deposits.
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Topic
Board Politics & Society
Re: Bitcoin Welfare System
by
FUEPA
on 15/07/2013, 22:04:19 UTC

I'm libertarian but I'm not against welfare. I think the current system in my country is broken but I'm not against a system where the state helps those who genuinely need assistance. That assistance though needs to come with a plan for those who are able to work to actually get what they need (education, job training, whatever) to start working.

Sorry there is nothing libertarian about the confiscation and redistribution of private property by the state under the threat of violence.

Don't take it the wrong way but if you can't realize the obvious logical fallacy then you are merely "libretarian" in name only.  Because  it is the "cool, edgy, nonconformist" shade of Republican.

You are assuming welfare funding has to be by force. If churches collect and spend voluntarily, I would still call this welfare. And as a libertarian, this is OK. Same can be said about "Foreign Aid", we all assume this is the government spending the people's money against their wishes. People from one country helping those of another voluntarily is still foreign aid.
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Topic
Board Service Discussion
Re: If mtgox supposedly is having liquidity probs
by
FUEPA
on 15/07/2013, 21:19:14 UTC

Here is the rundown of what is going on at MtGox.

1) MtGox lost dwolla account to seizure. This is still their money, but have to get it back when/if the government allows them.
2) This strained MtGox, because now everyone requested money via wire, and funds were limited. Coins were bid up at MtGox out of fear.
3) This is leading to even more stress at MtGox, due to the fact that it is more economical to deposit at other exchanges. Example, if you were to wire $10k into an exchange, would you wire to an exchange where you can buy BTC at $94 or buy at $99? No fiat comes in, no fiat goes out.

There have been no credible reports of BTC not being withdrawn, and there must have been many thousands of coins taken out of the exchange. I've personally asked for a large cancel of funds, which MtGox did so within hours. I bought the coins and withdrew them.

This leads to my conclusion:
Gox does have the funds and the BTC to back everything up 100%. But they need to clear government regulations for it to happen. They can't come out and say "Stupid USG won't give us your money", it would lead to a panic run on the exchange as coins get bid up. It also would not help clear regulations with the government. Therefore, it is in the exchange's best interest to stall.

Post
Topic
Board Speculation
Re: A Much More Fun Downtrend
by
FUEPA
on 15/07/2013, 21:00:49 UTC

This is not surprising, given that USD withdrawals are not permitted at this time. Who would deposit or bid up MtGox USD in the current environment?
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Topic
Board Auctions
Re: [AUCTION] AVALON Batch #2 (2nd try)
by
FUEPA
on 15/07/2013, 20:41:25 UTC
whoo hoo!
Post
Topic
Board Altcoin Discussion
Re: Which Alt Coin you like best
by
FUEPA
on 15/07/2013, 15:46:28 UTC
Definitely LTC right now. After Gox adopts it, LTC will easily double and probably triple.

I would agree with this, but when will MtGox have LTC trading?

Seems Gox is having a bit of problems with their timelines.
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Topic
Board Beginners & Help
Re: MtGox attack from: accounts compromised
by
FUEPA
on 15/07/2013, 15:30:08 UTC
Want to say that this did NOT happen to me. I have 2FA (yubikey), is it possible the attackers knew who had 2FA and who did not? I did have assets in my mtgox acct.