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Showing 20 of 141 results by zellfaze
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Board Bitcoin Discussion
Re: I'm speaking today at American Banker Event - 45 minutes about Bitcoin
by
zellfaze
on 11/05/2012, 20:00:55 UTC
Attendees are paying over $1000 to be here

Sounds like you guys need a couple more high-value sales through bit-pay to cover these expenses. hint hint. Just send 2BTC to loveBitcoins for your efforts.

I think they have that covered as of late. Tongue
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Topic
Board Bitcoin Discussion
Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
by
zellfaze
on 11/05/2012, 19:01:59 UTC
Anyhow.  If they stole the private keys why would they make such a huge withdrawl?  I would import those private keys into another bitcoind and make lots and lots of smaller withdrawls over the course of the next few months.

Obviously Zhoutong also has the private keys. He could proceed to move the remaining funds to an uncompromised account and save them.

If you get somebody else's private keys and you want to steal the funds, you need to move them before they find out.

I feel like the only reason he found out this time was because of the massive withdrawl.

I would sit on them if I had them.  Sit on them and drain them for their worth slowly.

Well... at least that is what I would do if I was a malicious person, which I am not.

Are you serious? you are assuming they're that incompetent at book-keeping?

That is true.  A business, particularly one like that, ought to keep good books.  I hadn't even thought about that.

I was serious, not so much anymore.
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Topic
Board Bitcoin Discussion
Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
by
zellfaze
on 11/05/2012, 18:52:50 UTC
Anyhow.  If they stole the private keys why would they make such a huge withdrawl?  I would import those private keys into another bitcoind and make lots and lots of smaller withdrawls over the course of the next few months.

Obviously Zhoutong also has the private keys. He could proceed to move the remaining funds to an uncompromised account and save them.

If you get somebody else's private keys and you want to steal the funds, you need to move them before they find out.

I feel like the only reason he found out this time was because of the massive withdrawl.

I would sit on them if I had them.  Sit on them and drain them for their worth slowly.

Well... at least that is what I would do if I was a malicious person, which I am not.

This is very interesting. Hopefully someone actually knows about the transfer.

And hopefully someone will finally learn a lesson from this.


You're probably right. Someone will. If not Bitcoinica, the users. lol

http://blockchain.info/tx-index/5441766/51fa68b27169195618ba30a9b1f12d5590ed4c544e01699929260f0990ca5a2f

More 0.31337 BTC... Is it a message from the thieves or someone congratulating them? Wink

Yeah that one was me actually.  I figured it was a pretty 1337 hack.

Anyhow.  If they stole the private keys why would they make such a huge withdrawl?  I would import those private keys into another bitcoind and make lots and lots of smaller withdrawls over the course of the next few months.

Sign a message with the private key of the address 114t2bCfrmw44qgZQijNzVU75YphuyZCGk and I'll believe it was you.

As it was an address on my phone I can't easily do that.  Instead I'll just send you an 31337 amount of coins.

Money sent to 1PKyq6aMKcCwn8cmb9Jc5SkNydLsQb5n7K.

Crazy. lol Address confirmed Grin
I'll send it back to you once they confirm Wink

No problem. Tongue  You can keep them if you want.  0.31337 isn't much BTC in the grand scheme of things.  I have a hundred or so sitting around right now.
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Topic
Board Bitcoin Discussion
Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
by
zellfaze
on 11/05/2012, 18:47:24 UTC
This is very interesting. Hopefully someone actually knows about the transfer.

And hopefully someone will finally learn a lesson from this.


You're probably right. Someone will. If not Bitcoinica, the users. lol

http://blockchain.info/tx-index/5441766/51fa68b27169195618ba30a9b1f12d5590ed4c544e01699929260f0990ca5a2f

More 0.31337 BTC... Is it a message from the thieves or someone congratulating them? Wink

Yeah that one was me actually.  I figured it was a pretty 1337 hack.

Anyhow.  If they stole the private keys why would they make such a huge withdrawl?  I would import those private keys into another bitcoind and make lots and lots of smaller withdrawls over the course of the next few months.

Sign a message with the private key of the address 114t2bCfrmw44qgZQijNzVU75YphuyZCGk and I'll believe it was you.

As it was an address on my phone I can't easily do that.  Instead I'll just send you an 31337 amount of coins.

Money sent to 1PKyq6aMKcCwn8cmb9Jc5SkNydLsQb5n7K.
Post
Topic
Board Bitcoin Discussion
Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
by
zellfaze
on 11/05/2012, 18:41:19 UTC
This is very interesting. Hopefully someone actually knows about the transfer.

And hopefully someone will finally learn a lesson from this.


You're probably right. Someone will. If not Bitcoinica, the users. lol

http://blockchain.info/tx-index/5441766/51fa68b27169195618ba30a9b1f12d5590ed4c544e01699929260f0990ca5a2f

More 0.31337 BTC... Is it a message from the thieves or someone congratulating them? Wink

Yeah that one was me actually.  I figured it was a pretty 1337 hack.

Anyhow.  If they stole the private keys why would they make such a huge withdrawl?  I would import those private keys into another bitcoind and make lots and lots of smaller withdrawls over the course of the next few months.
Post
Topic
Board Economics
Re: Everyone's right, enough gloom and doom...
by
zellfaze
on 30/11/2011, 19:29:21 UTC
Most of the places I spend my BTC are like BitBrew and are very independent of the exchange rate.  I understand that this is not the norm, but places like that certainly do exist.  They change their prices up maybe once a month to make sure that they are about in line with exchange rates, but other than that they just a Bitcoin be a Bitcoin and not xx.xxxxx USD.
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Topic
Board Development & Technical Discussion
Re: [Bounty] BIP 0011
by
zellfaze
on 30/11/2011, 19:07:06 UTC
+1 This idea is fantastic.  I would love to see this in a future version of Bitcoin.

If this gets implemented, the next step is definitely adding it to the GUI somehow.  Make it very easy for lay users to make use of the functionality.
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Topic
Board Development & Technical Discussion
Re: Bitcoin network database dump in postgresql (download link inside)
by
zellfaze
on 30/11/2011, 18:59:02 UTC
Anyone feel like porting this to MySQL?  Not everyone uses postgresql.  The more formats available the better.
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Topic
Board Beginners & Help
Re: Buy Bitcoins with USD?
by
zellfaze
on 30/11/2011, 18:47:34 UTC
I think I shall email the owner of Mr. Coins.  He should really make his root domain redirect to his www subdomain.

He probably loses a lot of business by not doing that.
Post
Topic
Board Bitcoin Discussion
Re: Mt.Gox withdrawal problems
by
zellfaze
on 30/11/2011, 18:38:51 UTC
My understanding is everyone is having this issue.  I've seen it mentioned in various placed around the forums.
Post
Topic
Board Bitcoin Discussion
Re: What Ever Happened to Bruce Wagner?
by
zellfaze
on 30/11/2011, 17:58:06 UTC
He seems to be a lot less active in the community ever sense the convention debacle.
Post
Topic
Board Development & Technical Discussion
Re: Using bitcoin for trusted timestamping?
by
zellfaze
on 30/11/2011, 17:39:47 UTC
Ah.  I thought after we sent the coins to the address, we would send them back to ourselves.  You are suggesting that we keep the coins there.  That makes things much different.

Also thank you for your explanation of the pruning process.  That makes sense.
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Topic
Board Development & Technical Discussion
Re: Using bitcoin for trusted timestamping?
by
zellfaze
on 30/11/2011, 16:52:17 UTC
Wouldn't the same apply to sending a non-zero amount then?  Or am I misunderstanding how Block Chain Pruning is planned to work.  I thought that we need all the transactions leading up to a particular transaction to make sure there wasn't a double spend.  Therefore, we would need to keep the transaction that had the fee attached so that there is a record of how the miner got those particular Bitcoins.
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Topic
Board Beginners & Help
Re: Paper Bitcoins
by
zellfaze
on 30/11/2011, 16:49:02 UTC
Although I trust Mt. Gox, I personally feel like the way that BitBills and Causcious Bitcoins are going is the better way to go.  If one day I can no longer trust Mt. Gox, my BitBills are still safe.

Say Mt. Gox gets hacked, my redemption codes are now worthless, my BitBills are not.  There is more trust in the dual hologram system than redemption codes, not because Mt. Gox is untrustworthy, but just because of how the system is designed.
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Topic
Board Beginners & Help
Re: Buy Bitcoins with USD?
by
zellfaze
on 30/11/2011, 16:46:08 UTC
I'm getting DNS errors when trying to access Mr. Coin.

"The server at mrcoin.org ...Error 105 (net::ERR_NAME_NOT_RESOLVED): Unable to resolve the server's DNS address."

Down for everyone is showing that site to be down.

http://www.downforeveryoneorjustme.com/http://mrcoin.org/
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Topic
Board Development & Technical Discussion
Re: Using bitcoin for trusted timestamping?
by
zellfaze
on 30/11/2011, 16:41:07 UTC
I forgot about the concept of Block chain pruning.  You are right, it might be best to send something to it.

Although, I don't think that a transaction with 0 outputs and a fee would be pruned.  Then the fee would be lost.
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Topic
Board Off-topic
Re: Alright, I am going to go through the source code.
by
zellfaze
on 30/11/2011, 07:50:40 UTC
Version 0.5 actually comes with two UIs.  There is a bitcoin.exe and a bitcoin-qt.exe.  Depending on whether you want the new QT UI or the legacy UI.

So he could still poke around in the non-QT based one if he doesn't want to deal with QT.
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Topic
Board Off-topic
Re: Is user BitcoinPorn dead?
by
zellfaze
on 30/11/2011, 07:48:17 UTC
julz would totally knock me up given the chance, stop playing hard to get you  Kiss

You all are nuts and need to force yourself to do non Bitcoin related activities every so often  Cheesy

Completely agree. xD  I personally left the forums for a few months.  It is good to not be obsessed with something all the time. Tongue
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Topic
Board Beginners & Help
Re: Paper Bitcoins
by
zellfaze
on 30/11/2011, 07:42:21 UTC
The math definitely adds up.  In the topic about it we discussed the math heavily.

No. Then I wouldn't know who screwed me. At least I know where Mike C (Casc..us) lives.

This on the other hand is still a valid point.

Quote
But you do bring up a good point.  Even though you no longer have to worry about the private key ever even having been calculated anywhere by anyone, you do have to trust two entities to properly put the two key pairs on to the item and at least one entity to have properly added the two public keys together.

You can verify that there is coinage on the address listed on the coin though couldn't you?  I think that casascius's physical Bitcoins have the BTC address that the money was sent to on them.  If they don't, I know that BitBills do.
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Topic
Board Beginners & Help
Re: Buy Bitcoins with USD?
by
zellfaze
on 30/11/2011, 07:38:16 UTC
Aye.  Although I haven't used them yet myself, they seem to be pretty reputable.  They also promise to handle all orders within 24 hours of payment receipt or they will process the order for free.  Mail usually doesn't take more than a day, so you are looking at 2-3 days max.  You can cut that down to 24 hours if you deposit money at a BoA or Chase.