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Showing 20 of 24 results by Jaccubin
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Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 07:04:44 UTC
You said yourself everyone is always saying triplemining is a pyramid scheme.

Perhaps a healthy way to start out would be for you to explain:

1) Why you think people feel this way.

2) Why you feel this is untrue.
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Re: Gold vending machine - What do you guys think?
by
Jaccubin
on 09/07/2011, 06:55:30 UTC
There are no security guards watching the machine specifically but this is in the Emirates Palace Hotel. Frankly what you would spend to even get in there would outweigh what you would stand to gain from cracking the machine even if you could pull it off (which a sole individual could not, it'd take some kind of orchestrated Die Hard movie ploy to suceed, and then it would be even further from lucrative versus the cost).

edit: I misread, this is a seperate machine from the Emirates Palace one. But this one is in an excessively crowded area in a high class mall with abundant security so I feel the point still stands.
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Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 06:27:41 UTC
Someone recruiting for triplemining, same as you are. That's all I know currently. Seems enough for me unless you've got something that will really open my eyes.
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Re: Hi
by
Jaccubin
on 09/07/2011, 06:22:33 UTC
"They" meaning who?

Big pharma has a way of distributing cheap drugs to third world countries who have large black markets for selling these goods locally.  Bitcoin + anonymous networks like Tor would allow these local markets to go international (not that I would condone or approve of such a thing.)

The regulatory body in the applicable legal sphere.

Sure you can distribute medicines anonymously and get payments anonymously. Yes big pharma does shady shit but they have elite laywers on retainers fighting lawsuits constantly. And they make the drugs. Where are you going to get them from anonymously, if you aren't making them?

Plus if the dude was not aiming at distributing counterfeit male performance drugs (which are extremely dangerous) he could have done better than to chose a name like "viagracoins".
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Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 06:18:52 UTC
How then do you explain the other more recent triplemining thread being closed down by the mods and the original poster leaving in a puff of anger?
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Re: Bitcoin Soldiers of Fortune
by
Jaccubin
on 09/07/2011, 06:09:31 UTC
True enough. But then what? Just let them do whatever they're doing?

For example see the audacity of this poster lashing out after being all but exposed as being a scammer: http://forum.bitcoin.org/index.php?topic=27288.0

edit: I'm ashamed of you Mitch is just an obscure quote from my favorite book that for some reason stuck with me for years and years.
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Topic OP
Bitcoin Soldiers of Fortune
by
Jaccubin
on 09/07/2011, 05:20:29 UTC
After growing more and more excited about bitcoins I finally decided to join up to the official forums as opposed to staying away from the community, which I usually do. But I really believe in this.

The first thing I see is that I am confined to the newbie area. Pointless, but fair enough. Any spammer can easily make 5 posts and wait 4 hours, I can also.

But really worries me is the sheer volume of, best case, extremely shady "offers" going around here in the newbie corner, and worst case pure and blatant scams.

And these are often posted by people who have passed the muster and are legit users. So what's he deal here? Surely some idiot posting lol donkey balls is not a threat to bitcoins. These leeches exploiting, or as they would surely like to put it, "gaming the system"  are somehow not? Stalking the newbie forums specifically to entrap the inexperienced unopposed and with impudence?

Nobody bats an eye?

I'm ashamed of you, Mitch.
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Re: Bitcoin address exhaustion
by
Jaccubin
on 09/07/2011, 05:00:50 UTC
But why would anyone send BC to these adresses any more than anyone would just transfer money to a completely random bank account? I'm not sure I'm understanding what you're proposing here.
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Re: Bitcoin Sadness
by
Jaccubin
on 09/07/2011, 04:59:35 UTC
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Re: Hi
by
Jaccubin
on 09/07/2011, 04:55:14 UTC
Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.


How would they stop customers from sending him funds?

They would not, but they can sure as hell clamp down on some dude aquiring and sending out prescription medication in large quantities to unknown recipients, much easier so if he is not a pharmacist/doctor.
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Re: Donations... really?
by
Jaccubin
on 09/07/2011, 04:53:18 UTC
I do agree that having you wallet in your sig is akin to just casually asking every passer by if he can spare some change frankly. You don't expect anything but maybe he likes your outfit? Who knows! It's not really panhandling is it?
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Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 04:28:40 UTC
its acctualy .5BTC and as of today you have to find a block for that to happen. Which you never know when that happens. THE "POOL" THAT FINDS THAT BLOCK, one of the members from there will win the jackpot.

Remember a block is 50+ BTC

Exactly. Let's make it very simple. The pool has only 3 miners, one contributes 80% of all hashes, the other two contribute 10% each. That means divided fairly the first miner would get 40 BC, the other two would get 5 each. However you are not dividing the full 50 BC, you are dividing only 49.5, 0.5 going into the jackpot. The hard worker is unlikely to win this as he is outnumbered by the other two. So you are effectively taking BC away from the deserving and handing them out to casual holiday miners, which was my entire point all along.
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Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 04:07:45 UTC
The jackpot is done by the pool not the miners.

This is a direct quote from your site:

Every time a block is found, we put some of the bitcoins in our jackpot. Once a week, randomly connected to the find of a block, the jackpot is paid-out to one of the members of the pool that found the block that triggered the jackpot.

So of the bitcoins gained from mining the block you put some to the side, instead of distributing them properly, and then hand half bitcoins outo willy nilly in a lottery, which is exactly what I asked about.

Furthermore, how many is "some of"? Highly suspicious, if you ask me.
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Re: Bitcoin Speed Miner (scam?)
by
Jaccubin
on 09/07/2011, 04:02:39 UTC
that's what struck me as well. putting that much effort in to making a site and the malware, trying to scam joe public makes sense, but a few thousand geeky bitcoin miners?

You have to look at the big picture. Yes it is a scam, but I do not believe it is one aimed at direct financial gains. The market is currently volatile due to the currency being in its infancy and the old money is just starting to take an interest and maliciously taking actions to destabilize it, so look at this scam another way. Every "nerd" they do get, is one thread or post of a proponent of the currency saying I lost everything. Just think of the damage it can do. Especially now when we really have to show our grit, with the volatile market, it is important to recognize these deliberate attacks and laught them off.

edit: After all, hitting the miners is hitting the community where it really hurts. Without miners, there are no bitcoins.
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Re: Hi
by
Jaccubin
on 09/07/2011, 03:56:27 UTC
Are you a pharmacist? If not you should really talk to a legal advisor, dealing in pharmaceuticals is sadly heavily regulated by most governments so you might be open to litigation.
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Board Beginners & Help
Re: [60GH/s] Jackpot everyday! Earn more bitcoins with less effort
by
Jaccubin
on 09/07/2011, 03:48:13 UTC
Enlighten me as to how scimming some BC off the top to randomly give away as a jackpot is in anyone's interest but those who have very low mining capacities? Surely miners with adequate rigs gain nothing by trading reliable income for the chance to win a little bit in a mock lottery?
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Re: Bitcoin Speed Miner
by
Jaccubin
on 09/07/2011, 03:45:26 UTC
the email i got was quite convincing as well, but it just stunk of malware when i clicked the link.
this is a screen grab of the site if you copy and paste the link.
http://i.imgur.com/G4rjL.png

My favorite thing about this screengrab is that the McLeod security stamp that gives this a 100% safe approval features a completely different url (effectively the folder name + .com) and furthermore a simple google search for McLeod security yields absolutely nothing of substance.
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Re: Bitcoin Speed Miner
by
Jaccubin
on 09/07/2011, 03:31:14 UTC
Link says 403 forbidden, mate.

If you click on the link it doesn't work, you need to put it in your URL bar and press enter.

But yeah, this is clearly not legitimate, don't do something stupid like downloading and running whatever that site gives you, it's clearly malicious.

That was my point Wink or maybe they are blocking the referrers from this forum, the official bitcoins forum, to their bitcoin related project!
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Re: Bitcoin Speed Miner
by
Jaccubin
on 09/07/2011, 03:21:08 UTC
Link says 403 forbidden, mate.
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Re: Temperature crash
by
Jaccubin
on 09/07/2011, 03:09:36 UTC
It would be helpful if the next time it happens, you could write down and post the full error message. As it is, it is somewhat nebulous.