The guys on the deep web aren't selling the types of accounts you are referring to. They are selling bitcoin addresses (public and private keys) which contain more bitcoin than their are being sold for.

Eg. 12.872btc selling for 6btc

The reason they are willing to lose money is probably because the bitcoins are stolen. Since bitcoins are trackable, the investigators can track it moving around the globe and split between various addresses in different countries until they see it arriving at an exchange or bitcoin ATM. Both of which will have your credentials which are required for you to withdrawal. At that point the police can come knocking on your door and seize them as stolen property.

It's essentially like buying a cheap flatscreen tv off of Craigslist, which unknown to you is stolen. When the Police follow the string of recent owners they will arrive at your door to seize the stolen property, even though you think you are innocent. .

Bump to 1st page.

I have listed a group of mining rig items to eBay.

Click here to view the auction. https://www.ebay.ca/ulk/itm/281999702954

6 X GPU openrigs.com stackable mining rig frame.
Corsair AX1200 power supply.
Add2PSU adapter.
6 X Powered USB Risers
Extended GPU cables
Various stock cables.

I am imagining wallet where you can add and remove coin/material types from a drop down menu, providing the balance on hand is 0. You will have all of the common scrap yard material. Aluminum, Steel, Copper, 316 Stainless, Car Batteries etc as different coins. (colored coins?). Each coin type will have a set price, which automatically updates based on the world markets. Eg. Copper - $1.00 USD(lb) Cast Iron $0.62(lb) Gold $1028(oz)

There are three ways you could set this up...


1st option - This is going to be difficult but it would be awesome. In order to introduce coins/material you would need to mine the scrap, this wouldn't be mining, it would be "picking"
In order to pick certain materials you could add an option to the miner such as -C to mine copper, or -G to mine gold. The network would pull the current price of all scrap material from somewhere on the internet and base the difficulty to mine the corresponding material on that. Thus, cast iron would have a low difficulty, to mine aluminum would be a medium difficulty, and to mine gold or platinum would be a very very high difficulty. The neat part about this is, low priced scrap would be easy to find and rare scrap like tungsten would be very difficult to find but have a much higher value. Similar to the penny, nickel, dime, quarter, loonie etc. It would be like 20 different coin types within one currency. I am trying to wrap my head around how the set price of a colored coin, would hinder/promote mining. Imagine if bitcoin had 20 different difficulties of colored coins with set prices. What would happen? I think the miners would go after the "low hanging fruit" so to speak which would self regulate. If too many miners tried to mine copper it would no longer be practical. However, once the hashrate came back down to earth it would be economically feasible again which would keep the network alive and not waste excess power from insane difficulty levels.

2nd Option - Same as above, but instead of mining a certain coin/material type you simply mine "scrap" If you find a block that contains 50 coins, well lets call it a "truck load" it gives you an assortment of material types and quantities. You never know what you will get. Now that i think of it, it would be kind of like minecraft. (random) I am not sure if this would be a regulated value per truck load or if it would be completely random based on the rarity of the material. (You would never end up with a bunch of platinum, more like a couple car batterys, a radiator, 182lbs of cast iron, and a 6 lbs of copper)

3rd option - The material types are interchangeable, and while mining it would simply generate "scrap" Once the scrap lands in your wallet you can divide it however you like. If a block gives you 50lbs of "scrap" worth $24 you can leave it in your wallet as 50lbs of scrap, or you can divide it out. 50lbs ($24 USD) of scrap can become 4.0 copper, at $1.22(lb), 1.5 car battery at $9.50(ea), and .0001 silver worth $4.87(oz) = $24 Because each material type fluctuates based on the average market value across the world, you could move your scrap in and out of any material type you wish to speculate or hedge against swings in price. The price of "scrap" is simply the averaged amount of all the materials. It should also be a side chain to BTC so if i sell 8 car batteries to Jim, and he pays me by sending 8 car batteries in BTR, i can immediately convert it back to scrap, copper, lead, silver, or BTC if i wanted to spend it.

One thing i cant figure out is if there are 20 different coin types as per the first example, how you can distribute the coins in the first place? These coins are essentially tied to the real life scrap markets and can not be pumped. Well, i guess if they end up on an exchange they can, which would create an artificially inflated scrap market. Would someone pay $40 for a car battery that they can only convert to $9.50 worth of BTC?

For an IPO you could take all of the coin types you are going to have in your wallet, along with the current prices per unit of measure, and average a price out, and sell it based on that price. eg:

Gold $1000(oz)
Cast Iron $0.15(lb)
Copper $1.22(lb)
Car Battery $8.02(ea)
Lead $4.52(lb)
Tungsten Carbide $49.52(oz)
Average Scrap Price $176.485/"truck load"

Once you have your price per truck load you could have an IPO where users send corresponding BTC payments to an address. In this case, it would be $176.485 per truck load, and they would sign the message with their BTR wallet address. Once confirmed they would receive an assortment of random material back into their BTR wallet totaling $176.485 of value (at that moments current market prices)

I am not sure if colored coins with a fixed USD value (to world scrap market) and thus varying BTC value, could be in a side chain. It would need to be converted back and forth with BTC to give the scrap dealers an entry/exit to the market.  


 
  

Dear All,

Black Arrow is launching a new product:

eWallet - hardware Bitcoin wallet

•100% Trezor compatible.
•Does not require a cable to connect to your laptop
•Smaller than Trezor
•Open source code available for auditing in order to ensure that there are no backdoors
•Can be used on a virused computer even with keylogger installed
•This wallet never exposes the private keys to the outside world to keep your coins always safe. All transactions are signed by the wallet.
•Embedded screen ensures that you sign the transaction that you really intend to.



Now in stock.

Order here: https://www.FUCKblackarrowsoftware.com/store/ewallet.html

I sent $6000 to this company in 2013.

I have never received product, an offer to settle the dispute, refund, compensation, apology, christmas card, anything.
The order is still in development/production/scamming whatever you want to call it. I have sent countless emails and have read every excuse in the book from fictiticious Chinese names on the support desk.

This company is the same company that designed and sold credit card readers, and was charged for it.

$260 US dollars in bitcoin preferably.
FREE SHIPPING
Buyer can pay 2% escrow if he wants to go that route.  

Phone has never been out of the box - Specs are found below.





Product Information

This BlackBerry Z30 runs on BlackBerry operating system and offers useful features, including 3G, 4G, Near Field Communication, Internet Browser, Music Player, Speakerphone, Bluetooth, Wi-Fi, GPS, Touchscreen. The smartphone comes in black color and it is powered by a reliable processor, ensuring stable performance. This BlackBerry phone has 5 in. display providing clear visuals. In addition, the BlackBerry Z30 features a convenient 8.0 MP camera, so you can capture images wherever you go and store them on 16 GB of memory space.

 
Product Highlights
Video
 


 
Product Identifiers
Brand BlackBerry
MPN  PRD-52977-071
Carrier Unlocked
Model Z30
UPC 802975054183
Type Smartphone

 
Key Features
Storage Capacity 16 GB
Color Black
Network Generation 4G
Network Technology LTE
Band GSM/GPRS/EDGE 850/900/1800/1900 (Quadband) HSPA/UMTS 800/850/900/1900/2100 LTE 800/900/1800/2600
Style Bar
Camera 8.0 MP
Connectivity Bluetooth, USB 2.0, WiFi

 
Memory
Supported Flash Memory Cards MicroSD, MicroSDHC

 
Battery
Battery Capacity 2880 mAh
Battery Talk Time Up to 1080 min
Battery Standby Time Up to 23040 hr

 
Display
Display Technology Super Amoled
Diagonal Screen Size 5 in.
Display Resolution 1280 x 720
Color Depth 24-bit (16.7 million colors)

 
Other Features
Touch Screen Yes
Bluetooth Yes
Digital Camera Yes
GPS Yes
QWERTY Physical Keyboard No
Email Access Yes
Internet Browser Yes
Speakerphone Yes

 
Dimensions
Height 5.53 in.
Depth 0.37 in.
Width 2.83 in.
Weight 5.99 oz
 
 

I thought TBF only accepted donations in BTC? Then why the bitpay?

Not worth your money.

Mining is not profitable right now because the price of bitcoin is very low. It makes more sense right now to just buy bitcoin from an exchange.

Console
Alex Kid in Wonderland (Sega Master System)
Wonder Boy III - The Dragons Trap (Sega Master System)
Super Mario 3 (NES)
Super Contra (NES)
Legend of Zelda - A Link to the Past (SNES)
Goldeneye 64 (Nintendo 64)

PC
Street Rods 2
Doom 2
Warcraft 2
Starcraft
Red Faction
Wolfenstein - Enemy Territory

Oh wait, you said bought. I have only purchased 3 games ever:
The Need for Speed
Warcraft 3
Battlefield 3

Here, let me correct some mistakes you made in your post.

Here, let me correct some mistakes you made in your post.

No, they would call a Dollar a Dollar and a Cent a Cent

With bitcoins current setup the value is going to be so high in 5-10 years only the wealthy will use the term "a bitcoin" when doing transactions. Dealing in only Satoshis for everything is not the best option for bitcoin because it is so small. Using a term for a millionth of a bitcoin allows us to drop 2 decimal places and make it more user friendly for the non tech savvy public. Satoshis will still be usefull in places like third world countries and tipping.

eg.
Used bike for sale 365 bits.
Used bike for sale 36500 satoshis.
Used bike for sale .00365000 bitcoin

The system is in need of a unit between the BTC and satoshi. BTC are very big and will only get bigger. A satoshi is VERY small. Imagine if in the US fiat currency only had $400 bills and pennies, it would be cumbersome to use.

Daniel Andronic - stole millions of dollars from customers in the black arrow preorder scam

The reason he wants to switch to bits is because it allows us to drop the confusing decimal places.
example:
.000386 bitcoin - 386 bits

This simplifies things for the time being, and lets us use satoshis when we need to be even more specific
example: instead of .00038619 bitcoin it will be 386 bits and 19 satoshis (or sats)

This will help in the adoption of bitcoin as it has the same familiar layout that the USD has. Dollars and cents.

My bad! Carry on...

By the way "Sr. Member" is not hard to achieve. It doesn't mean much of anything.

blackarrow

but you have to check out the untrusted feedback to get what iam talking about. Click "Show Ratings" under the untrusted feedback section.

https://bitcointalk.org/index.php?action=trust;u=105804

Jesus Christ himself was gay until that prostitute came along.