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Re: Login captcha
by
chmod777
on 16/08/2017, 21:46:55 UTC
If a malicious person wants to bypass Google Captcha, the person can do it.

https://www.youtube.com/watch?v=8iMU9HbJ7Wo
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Re: When is Bitcoins going to die?
by
chmod777
on 18/06/2017, 14:32:32 UTC
There are occasional death news about Bitcoin. But your future currency is Bitcoin.
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Re: When is Bitcoins going to die?
by
chmod777
on 30/04/2017, 15:06:10 UTC
Bitcoin will never die.
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Re: [NEW]★☆★ 777Coin Signature Campaign ★☆★ Up to .0007/Post (Jr-Hero Accepted)
by
chmod777
on 16/04/2017, 13:28:59 UTC
Reposting

User: chmod777
Postion to Apply: Member
Posts Start: 83
Address: 18RgPs9nwtnvXWihxFZkYhvLThK3xJx75i

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Re: [NEW]★☆★ 777Coin Signature Campaign ★☆★ Up to .0007/Post (Jr-Hero Accepted)
by
chmod777
on 13/04/2017, 18:35:24 UTC
User: chmod777
Postion to Apply: Member
Posts Start: 83
Address: 18RgPs9nwtnvXWihxFZkYhvLThK3xJx75i
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Re: Let's Think About the Future | Signature Campaign | (All Ranks Welcome)
by
chmod777
on 29/03/2017, 12:23:39 UTC
Your Username: chmod777
Position to Apply: Member
Your Current Post Count: 82
Your BTC Address: 18RgPs9nwtnvXWihxFZkYhvLThK3xJx75i


Working with WhyFuture is really enjoyable. I received my payments smoothly on time.
I want to work again. Thank you.
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Re:  INTERNET OF COINS ⛓ blockchain freedom (r)evolution ⛓ signature campaign 
by
chmod777
on 15/03/2017, 07:47:03 UTC
Bitcointalk Name: chmod777
Your Rank: Member
Number of Posts: 81
Bitcoin Address: 1AZ77JWU16c79WBrmyS3gE2MVzJRQ2VSmd
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Re: PayBis signature campaign
by
chmod777
on 07/03/2017, 21:48:40 UTC
Username: chmod777
Rank: Member
Number of posts before the start of the company: 80
Bitcoin address: 1AZ77JWU16c79WBrmyS3gE2MVzJRQ2VSmd
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Re: Let's Think About the Future | Signature Campaign | (All Ranks Welcome)
by
chmod777
on 01/03/2017, 09:30:30 UTC
I will be doing post counts shortly.



Interested users are allowed to post their application now. 48 hrs...

Avirunes Hello,

My membership has reached "Member" level. I've updated my signature. Thanks.
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Re: When is Bitcoins going to die?
by
chmod777
on 01/03/2017, 08:27:11 UTC
Do you really think bitcoin will die?

Bitcoin is now a proven system. Has been developing very successfully for 7-8 years. Large financial institutions are investigating blockchain technology.

I do not think a system that will revolutionize innovation will die.
After sometime i believe that bitcoin will die yes. But how long will it last... well we can only speculate. Some kind of universal currency for all races on earth will be formed and that could be bitcoin, but i doubt it. Maybe bitcoin will be mother for that currency, or maybe it will be bitcoin, i'm not expert on bitcoin so everything is just my opinion. But i believe strongly that something will be born from bitcoin.

What will die for what reasons?
Do you have any logical arguments for this? Is the alternative going to be another currency? Why do people stop using bitcoin when have no reason?
I think what i wrote was clear enough, if you didn't understood it maybe you should read it more carefully. As i said i am no expert, and it is only my opinion nothing more, but yes i believe that bitcoin will die in one point in future. Logical reason, hmm... there is still long way for bitcoin to become currency that could be used for day to day life. There is other government problems with bitcoin that need to be done. And not to mention that at the moment most of bitcoin is used on black market for what ever... So that is just some problems that come on my mind at the moment.

The world is constantly changing. Bitcoin is already used in everyday life. So, technically and practically, there is nothing that hinders the use of bitcoin.
They also do money laundering with other currencies. Money laundering was done before Bitcoin.

Bitcoin does not die for these reasons. Bitcoin just needs more advertising.
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Re: When is Bitcoins going to die?
by
chmod777
on 28/02/2017, 10:44:20 UTC
Do you really think bitcoin will die?

Bitcoin is now a proven system. Has been developing very successfully for 7-8 years. Large financial institutions are investigating blockchain technology.

I do not think a system that will revolutionize innovation will die.
After sometime i believe that bitcoin will die yes. But how long will it last... well we can only speculate. Some kind of universal currency for all races on earth will be formed and that could be bitcoin, but i doubt it. Maybe bitcoin will be mother for that currency, or maybe it will be bitcoin, i'm not expert on bitcoin so everything is just my opinion. But i believe strongly that something will be born from bitcoin.

What will die for what reasons?
Do you have any logical arguments for this? Is the alternative going to be another currency? Why do people stop using bitcoin when have no reason?
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Re: Send bulk BTC?
by
chmod777
on 27/02/2017, 14:02:54 UTC
Yes you can,

use electrum, let me show you.

Format will be :

Quote

Address, amount
Address2, amount2
Address 3, amount3


Screenshot

...

This is great Smiley It was good to learn this feature.
Normally, when you pay an address, we enter an appropriate fee value. So when we pay more than one adrese, can we just enter a fee value? Do they affect the approval period of payments sent to addresses?
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Platforms that sell bitcoin?
by
chmod777
on 27/02/2017, 02:02:56 UTC
Which platforms do you prefer to buy Bitcoin? Generally, trade sites, localbitcoins and bitcointalk sites are used.
Are there any platforms you buy bitcoin besides these?
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Send bulk BTC?
by
chmod777
on 27/02/2017, 01:55:25 UTC
Is it possible to send bitcoins to more than one account at the same time? As far as I know bitcoin transfers can only be done into one address.
Can I transfer BTC to multiple address at the same time using my own wallet?
Do existing wallets on the market have such a feature?
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Re: How did you first hear about bitcoin?
by
chmod777
on 27/02/2017, 01:31:57 UTC
I heard bitcoin in the year 2009 when i was working in online. At that time the price of bitcoin is very low, even i was afraid to buy because it is new to the market. In 2009 the only investments we have in online is USD, and now with bitcoin everything is changed.

You heard bitcoin the first time. I wish I had heard the concept of bitcoin at that time. I would have developed a lot more on bitcoin myself. At the same time I would have had the chance to invest early.
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Re: Can Bitcoin make Banks disappear?
by
chmod777
on 27/02/2017, 01:17:48 UTC
I do not think bitcoin can destroy the banks. People do not change their habits easily. They also trust the bank too much. If the bitcoin starts to be used by a few billion people around the world, the banking system could end up.
But the states will not allow it. States always support systems they can control.

I think that's far from happening. Just imagine how many bitcoins are there, and if billions will be sharing it, then everyone will be getting a few thousands satoshi. It's not that the state wants something that they control, but it's all about the ease, and what's good for their economy. Bitcoin could help the economy, but as a currency of a certain country, it's hard to happen, but in banking, it is possible.  Smiley

Yes it would be a dream to expect something like this for the next 5 years. But a country like Liberland has accepted bitcoin as its official currency. It would be funny to wait for developed countries to accept such a thing.
But with technology everything changes and changes very quickly. After 50 years, maybe bitcoin can be used by half of world population.
States may have accepted bitcoin. 50 years is enough time for such a thing to happen.
I used to generally skeptical of other people's opinions about what what the country can take as a basis the main bitcoin as a currency. Valid for the defeated countries, it is not necessary, as there are enough strong national currency. But poor countries, then they have nothing to lose.

The concept of power can change over time. Economic systems, ideological systems, beliefs and religious views have constantly changed throughout human history.
So it is not possible to know what will happen to monetary systems in the future. Everything can happen.
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Re: When is Bitcoins going to die?
by
chmod777
on 27/02/2017, 00:40:17 UTC
Bitcoin mining is a costly business. If you do not have enough capital, it will not be profitable. Nowadays miners are carrying out their expenses by minimizing their costs.

But difficulty of the mining business does not adversely affect the use of bitcoin. If somebody leave mining, the level of difficulty decreases. Then mining would be less costly.

You are totally right there, if someone leave mining bitcoin percentage of mining will rise. But i don't think that someone that invested a lot of money, and for mining to be pay off you need really good computer, they won't leave mining bitcoin so easily. I have heard that mining in this days are too hard, and it doesn't pay off. I was thinking to mine, but when i find out what you need, i don't have that much money...

Anyone who starts to mining will not leave mining unless it is a big mistake.

Because the price of bitcoin is constantly increasing. Even if btc is not profitable today, it will be profitable for future btc value.
As i said, to mine bitcoin effectively you need good computer for that, and that mean a lot of money. For now bitcoin is rising and that is good even for me who does not mine bitcoin. But who can prove that bitcoin will live for long enough that you can recover your loses for equipment you bought? Maybe bitcoin will die next year, or maybe year after that, who knows.

Do you really think bitcoin will die?

Bitcoin is now a proven system. Has been developing very successfully for 7-8 years. Large financial institutions are investigating blockchain technology.

I do not think a system that will revolutionize innovation will die.
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Board Bitcoin Discussion
Re: Can Bitcoin be used by ordinary citizens?
by
chmod777
on 23/02/2017, 10:28:44 UTC
Why shouldn´t it be? The whole idea is to make it mainstream, meaning that everyone will be able to use it, So, yeah, ordinary citizens can and should use bitcoin

The rate of use will always be limited when there is no state-sponsored initiative. People often do not use things that the states do not support. The biggest reason for this is trust.
I think bitcoin is a better thing with people who use less.
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Re: How do trade sites work? What is coding logic?
by
chmod777
on 22/02/2017, 07:42:17 UTC
the bitcoin RPC API documentation is your best friend, it is easy, just setup a script who will be triggered when a user demands an address, basically it will querry the daemon this way : bitcoin-cli getnewaddress [account]
and for coin management, you will have to rely on bitcoin daemon basic implementation, which is : bitcoin-cli move
It is that easy, what i can advise you to do is not to think of it as beign too much complicated, satoshi and the bitcoin dev team made things easy, just make some scripts and test them, remember that you can always find a way to run a .sh script from webservers if needed, or you can do this using the RPC port instead, but you will have to use SSL ports as the data will be exposed, even if it is running in localhost, i advise you to use SSL.

I want to ask you one last thing.

Do I need to download the bitcoin core wallet when I use the RPC API? So I do not want to be a node. I do not want to download the bitcoin core wallet on the server.
Also do they have RPC APIs in other coins? I do not want to be a node in other coins.

It does not make sense to download core wallets for all coins and keep them on the server. It will take up a lot of space.
How do trade sites do that?
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Re: How do trade sites work? What is coding logic?
by
chmod777
on 21/02/2017, 23:43:54 UTC
Basically here the global schema for an exchange :

1- Daemons: Each coin traded must be backed by a fully synced daemon as he manages all the coins operations.
2- User interface : A use can ask for an address, this address is provided by the daemon, in an internal request.
3- Trade room: Usually, exchanges use an internal escrow for transactions as an amount of coins is held in exchange of annother coin, so they are escrowed internally, and when the price meets the users demande, funds are released to both parties.
4- Balances: They are managed by the server, there is a synchronisation between the database of the exchange, and the different daemons "accounts" RPC methods.
5- Withdrawals: they are operated at the request of the user, from his own account in the database, and in the daemon. If there are no funds in the daemon, the transaction won't be processed.

This is how an exchange works globally, now you can have several diffrences from an exchange to annother. The main difference is in the security level, Poloniex is known to be not so secure, if you have a look at your console when opening pages in poloniex, you will notice that every information sent or requested by the server, are using the 'GET' method, and this is prohibited especially when handling passwords and forms. They had been advised to revise these mechanisms, and to use 'POST' instead, but i don't think they did it.
The bitfinex hacking had something to do with this, they forgot to add a simple option to input text fields, coinables knows more about this then i, as he made a video explaining how the hacker managed to take the bitcoins.

I have knowledge of application security. I have an interest in the topics on OWASP. I can code the business processes of the project. But I do not know much about address generation and coin transfer.

https://bitcointalk.org/index.php?topic=1796509.msg17921284#msg17921284

the bitcoin RPC API documentation is your best friend, it is easy, just setup a script who will be triggered when a user demands an address, basically it will querry the daemon this way : bitcoin-cli getnewaddress [account]
and for coin management, you will have to rely on bitcoin daemon basic implementation, which is : bitcoin-cli move
It is that easy, what i can advise you to do is not to think of it as beign too much complicated, satoshi and the bitcoin dev team made things easy, just make some scripts and test them, remember that you can always find a way to run a .sh script from webservers if needed, or you can do this using the RPC port instead, but you will have to use SSL ports as the data will be exposed, even if it is running in localhost, i advise you to use SSL.

Thanks for the answer. I will review the Bitcoin RPC API documentation.
Yes it is always necessary to think simple. Things do not have to be complicated.