Search content
Sort by

Showing 20 of 353 results by MikeCorleone
Post
Topic
Board Service Discussion (Altcoins)
Re: Monero / MyMonero.com - Investigate?
by
MikeCorleone
on 02/06/2015, 19:03:56 UTC
Totally ignoring my point and trying to discredit me based on how I 'disclosed' information...what about the information itself?  You think everything is fine then obviously?

I'm not trying to discredit you I am discrediting you as a wanabe SJW. You presented one side of a story and you never even contact the people involved to try and see if there even is another side.

Also with the information itself I guess you're not just a fuck face SJW you're also a stupid one. I already blew up your 'information' you just don't seem to want to read.

Also I know this is the altcoin section and there are a lot of scammers and delusional idiots but take a minute to think about how cryptocurrency works. For PoW whoever controls 51% of the hashrate makes the rules. For PoS whoever controls 51% of the currency makes the rules. With Bitcoin the mining network is so big that it's basically impossible for anyone to buy up 51% of the hashing power and make their own rules. But for EVERY SINGLE ALTCOIN including Darkcoin and Monero and Peercoin and Litecoin and Dogecoin and fucking everything there are single people with enough money to take over the mining network, forget about companies or the NSA or Israel. No altcoin is secure, they're just a collection of mostly-shit hoping to be less-shit one day.

Pointing out that an altcoin only has one web wallet or one main exchange is a big fucking whoop, because if that altcoin is successful there will be others and not everyone will use web wallets anyway. The entire argument you're trying to make is a load of SJW 'save the people of bitcointalk' bullshit from a child who doesn't know how to act like a responsible adult.

Oh and bro this took me one minute of google to find. Makes your entire attempt to make some link between the web wallet and polo seem pretty fucking suspect.

https://bittrex.zendesk.com/hc/en-us/articles/204310644-Year-long-XMR-giveaway-
https://bittrex.zendesk.com/hc/en-us/articles/204527664
Post
Topic
Board Service Discussion (Altcoins)
Re: Monero / MyMonero.com - Investigate?
by
MikeCorleone
on 02/06/2015, 18:53:25 UTC
No disrespect again but I am not invested in Monero and I never lost anything due to Monero so not like I care to go to all that trouble.

Dude you are spinning so much bullshit it's coming out your ears.

And i'm not disclosing a technical exploit that then renders Monero vulnerable based on the info I posted (which was speculation anyway) - I am saying the structure enables whoever owns MyMonero to exploit the market in financial terms because then it allows front-running on Poloniex where all the volume is. And the other things like no viable official wallet after so much time compound the problem and make me suspicious but how can I know what's happening behind the scenes.  The anonymity problems and letting Google in on the action is secondary today I would imagine.

Not much more for me to say - solution is get rid of MyMonero (by making a viable / usable official wallet that most users then actually adopt) and spread volume across exchanges: scam not possible, problem solved.

Also i'm not the person to look into this any further as I already explained i have conflict of interest so I think I should leave it there Smiley

All this stuff you're saying doesn't matter. You had a moral obligation, especially as a self-appointed 'investigator' for bitcointalk, to act responsibly. Sending what you wrote on this thread privately to someone DOESN'T TAKE MORE WORK THAN MAKING THIS THREAD!

Also I know this is the altcoin section and there are a lot of scammers and delusional idiots but take a minute to think about how cryptocurrency works. For PoW whoever controls 51% of the hashrate makes the rules. For PoS whoever controls 51% of the currency makes the rules. With Bitcoin the mining network is so big that it's basically impossible for anyone to buy up 51% of the hashing power and make their own rules. But for EVERY SINGLE ALTCOIN including Darkcoin and Monero and Peercoin and Litecoin and Dogecoin and fucking everything there are single people with enough money to take over the mining network, forget about companies or the NSA or Israel. No altcoin is secure, they're just a collection of mostly-shit hoping to be less-shit one day.

Pointing out that an altcoin only has one web wallet or one main exchange is a big fucking whoop, because if that altcoin is successful there will be others and not everyone will use web wallets anyway. The entire argument you're trying to make is a load of SJW 'save the people of bitcointalk' bullshit from a child who doesn't know how to act like a responsible adult.

Oh and bro this took me one minute of google to find. Makes your entire attempt to make some link between the web wallet and polo seem pretty fucking suspect.

https://bittrex.zendesk.com/hc/en-us/articles/204310644-Year-long-XMR-giveaway-
https://bittrex.zendesk.com/hc/en-us/articles/204527664
Post
Topic
Board Service Discussion (Altcoins)
Re: Monero / MyMonero.com - Investigate?
by
MikeCorleone
on 02/06/2015, 18:16:46 UTC
I haven't investigated this yet.  That's why the title is "investigate?".  

This is just seeing what other people think to find out if it is worth investigating.

So far all my points have been dismissed..

In terms of input from Fluffy, he is welcome to answer my above questions, this is an open forum Cheesy

That is really shitty man. We aren't children on the playground gossiping about each other. Why would you post on the forum without first talking to the person you are accusing and asking them wtf is going on? You are no better than every fucking whiteknight SJW posting on tumblr. People like you make me sick.

Grow up and stop acting like a kid. Just send the dude a message and tell him what you're worried about. Are you so scared of him that you're posting this shit on a forum thread first? Coward.

Hi - no disrespect, but what exactly is Fluffy's word on any of this supposed to prove?  If my concern is a structural problem with Monero that is unhealthy and I ask him if he's using that to gain market info and then trade big on Poloniex where volume is all locked in and he says "oh no, not doing that" - then I shouldn't have posted this?  And he's free to come here to discuss, why do I need to contact him privately?

You sound exactly like a fucking SJW! This just reinforces my belief man, SJWs are just cowards pretending they're doing everyone a favor and saving them.

This is what SJWs don't realize and what you don't realize: Maybe by talking to him you make him realize there's an issue, and he works to fix it, and then afterwards you're able to jointly release a statement pointing out the problem and what was done to fix it. Or you talk to him, he explains something to you, and you get a litebulb moment and then understand why it's not a big deal (I'm not saying it isn't a big deal I'm just saying this is one possible outcome). Or maybe he's a complete asshole to you and then you actually have! something! to! post! on! the! fucking! forum! except! your! stupid! opinion!

http://en.wikipedia.org/wiki/Responsible_disclosure go read and see what adults do when they think they've found a security problem.
Post
Topic
Board Service Discussion (Altcoins)
Re: Monero / MyMonero.com - Investigate?
by
MikeCorleone
on 02/06/2015, 17:59:47 UTC
I haven't investigated this yet.  That's why the title is "investigate?".  

This is just seeing what other people think to find out if it is worth investigating.

So far all my points have been dismissed..

In terms of input from Fluffy, he is welcome to answer my above questions, this is an open forum Cheesy

That is really shitty man. We aren't children on the playground gossiping about each other. Why would you post on the forum without first talking to the person you are accusing and asking them wtf is going on? You are no better than every fucking whiteknight SJW posting on tumblr. People like you make me sick.

Grow up and stop acting like a kid. Just send the dude a message and tell him what you're worried about. Are you so scared of him that you're posting this shit on a forum thread first? Coward.
Post
Topic
Board Service Discussion (Altcoins)
Re: Monero / MyMonero.com - Investigate?
by
MikeCorleone
on 02/06/2015, 17:27:06 UTC
This thread is really interesting. I like that BlockaFett has taken it on himself to investigate, and I think that should be praised. I have a few questions for you, BlockaFett, mostly around some more details of your investigation, as I think that will help us understand your conclusions.

1. How often have you approached Fluffypony to discuss your concerns? Was it just the one conversation, or multiple conversations?
2. What communications medium did you use: emails or skype or Bitcointalk pm or something?
3. Are you willing to show us the conversations you've had with him whilst you were investigating this, assuming he is ok with them being posted up?
4. I assume the conversations you've had with Fluffypony about this ended badly, can you tell us more about what he said to you in private that led to you putting this post up?
5. Have you spoken to him since putting this post up, and has he given you any more feedback?

I really think it's important that we get the answers to these questions, that way we also get his side of things.

PS. For next time it would be great if you could put the conversations up along with your investigation otherwise you're nothing more than a SJW and you lose credibility (obviosly not the case now:-) :-)
Post
Topic
Board Bitcoin Discussion
Re: How to convert to fiat anonymously?
by
MikeCorleone
on 25/04/2015, 21:05:17 UTC
localbitcoins or a bitcoin ATM

Bitcoin ATMs comply with KYC / AML, they still need your photo and fingerprint and a copy of your driver's license.
Post
Topic
Board Off-topic
Re: whale club is a joke
by
MikeCorleone
on 25/04/2015, 20:24:58 UTC
You were in the wrong whale club, bro Cheesy
Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
MikeCorleone
on 25/04/2015, 20:15:48 UTC
If you have evidence of HitBtc faking volume, please present it so I can see what they have to say about it.  Definitely do not want skewed numbers on the site.

Well looks like my post got derailed by some Dash idiot. Why isn't Dash listed as an instamine, Gliss? I know you need 'evidence' so I'll do your research for you.

https://bitcointalk.org/index.php?topic=560138.0

https://bitcointalk.org/index.php?topic=999886.0

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#darkcoin

'That means in less than 8 hours, almost 5% of the Darkcoins that ever will be created spawned in that 1/3 of a day.'

BlockaFett you should stfu if your nose is dirty and you're trying to back a scam just becoz you're bagholding.

HitBTC is also a scam Gliss.

11 months ago there was clear evidence of them faking volume. http://www.reddit.com/r/BitcoinMarkets/comments/25mpbf/hitbtcs_volume_is_very_suspicious/

7 months ago there was more evidence. From http://www.reddit.com/r/BitcoinMarkets/comments/2fbkfb/hitbtc_disappears_website_down_no_response_from/ jamesb3 said 'their time & sales ticker still shows trades from when their exchange was down. Another sign that their volume is fake?' That is literally impossible, how do you have volume when you're offline and nobody can post any offers?

And just in case you think it's stopped, there are even very recent reports of this on their forum. https://forum.hitbtc.com/discussion/44/what-s-wrong-on-eur-btc-trade

I don't know why you have wasted your time 'reaching out' to them. Which suspect admits they're guilty when the police question them? Be logical Gliss.
Post
Topic
Board Bitcoin Discussion
Re: The Secret Of Bitcoin Island
by
MikeCorleone
on 25/04/2015, 20:12:30 UTC
That is so cool dude!
It reminds me so much on playing monkey island in the 90's. Aaahh good old times man! Cheesy

What about Space Quest or Kings Quest or Police Quest. Those games were the shit!
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a Coin, i.e. a thing (RE), we can barter tax free (!)
by
MikeCorleone
on 25/04/2015, 19:00:53 UTC
So its a medium of exchange? Welcome to economics!  Roll Eyes
Post
Topic
Board Bitcoin Discussion
Re: Africa May Leapfrog Traditional Banking
by
MikeCorleone
on 12/04/2015, 19:50:41 UTC
I think they still do.... M-pesa rely on centralized telecommunication services and a central point of failure. Bitcoin is a much better alternative and more transparent for corruption and bribes, that are common in areas in Africa.

Would they leapfrog the traditional banking system..? Well at first I thought so....but I reckon, they still need to convert to fiat for most things, with limited merchants accepting Bitcoin now... So for a while... they would have to rely on some banking functions, until more merchants accept Bitcoin.

Um, what? The only electronics device these people own is a cheap cell phone. They have little to no infrastructure. No cable TV, Internet, paved roads - hell, in some places they don't even have electricity or running water but they do have a shitload of cell towers. If cell services are down how exactly is Bitcoin supposed to work?

This is 100 % correct. I have a friend who lives in Tanzania and another in the DRC. They laugh at the idea of Bitcoin getting any sort of foothold in Africa for the next 10 to 15 years.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin cryptography.
by
MikeCorleone
on 12/04/2015, 12:39:14 UTC
There have been enough computer scientists and researchers that have looked over Bitcoin's theory and cryptography and code in the past 6 years. If it was a problem they would've said something already :-)
There's nothing to "crack" about the BTC code... again, at the end of the day it all comes down to cracking the cryptographic algorithm which is simply ridiculous. If someone cracked SHA256, it would be a global catastrophe, since endless security is based around SHA256.

I don't see him mentioning anything about cracking the BTC code, and your answer is very incorrect. SHA256 can be fine as an algorithm, and secp256k1 can be fine as a curve, but Bitcoin's implementation of both of those could be flawed.

Let's not forget that someone did legitimately create 184 billion Bitcoin in a single block in 2010, and the network had to be patched (resulting in a short-lived fork).

The Bitcoin wiki has a good article covering OP's concerns: https://en.bitcoin.it/wiki/Weaknesses
Post
Topic
Board Beginners & Help
Re: Which problems do bitcoin help to solve ?
by
MikeCorleone
on 12/04/2015, 12:31:02 UTC
PS: I think it need more colors. It looks too simple.

I agree, you've got to give it some life OP. Choose a color scheme from colorcombos.com, and then work with that.
Post
Topic
Board Service Announcements (Altcoins)
Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies!
by
MikeCorleone
on 09/04/2015, 15:06:51 UTC
Post
Topic
Board Altcoin Discussion
Re: Why I'm Resigning From the Title of "President" of the Digitalcoin Foundation
by
MikeCorleone
on 09/04/2015, 14:52:49 UTC
54000 addresses currently holding a balance. Also note, the top address belongs to BTC38, of whom we hardly ever see, meaning 35.5% is held by *different* people.

How much does it cost to create a new address and send funds to it?
Thats right, its basically free.

There is no way for us to verify that different people hold that unless you want to get 54,000 'people' to sign a message confirming their address/es?
Post
Topic
Board Bitcoin Discussion
Re: Who is "Variety Jones"?
by
MikeCorleone
on 09/04/2015, 14:46:21 UTC
What if Goat is Variety Jones!
Post
Topic
Board Digital goods
Re: [APPRAISAL] Website
by
MikeCorleone
on 09/04/2015, 14:42:41 UTC
I'm interested - send me a pm
Post
Topic
Board Trading Discussion
Re: Buttercoin no longer accepting ACH transfers?
by
MikeCorleone
on 09/04/2015, 14:08:03 UTC
They were never going to survive with that name lol
Post
Topic
Board Trading Discussion
Re: You've come a long way trader !
by
MikeCorleone
on 09/04/2015, 14:07:26 UTC
Did the survey, thank you!
Post
Topic
Board Service Announcements
Re: bitcoin to paypal instant exchange
by
MikeCorleone
on 09/04/2015, 14:06:46 UTC
So everyone must send you Bitcoin and then just trust that you're going to send the PayPal money? What an easy scam!