Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer
but we've still got the bfl gently caress-fest of a trial to look forward to, i hope

its just too bad benthall spilled his guts and confessed every single crime he committed the second they arrested him

Adbot
ADBOT LOVES YOU

duTrieux.
Oct 9, 2003

Erenthal posted:

but we've still got the bfl gently caress-fest of a trial to look forward to, i hope

its just too bad benthall spilled his guts and confessed every single crime he committed the second they arrested him

white people believe that telling cops the truth always works out

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

duTrieux. posted:

white people believe that telling cops the truth always works out

and look who's not serving life in prison and is getting married

FMguru
Sep 10, 2003

peed on;
sexually

duTrieux. posted:

white people believe that telling cops the truth always works out
theres nothing cops love more than people who think they can talk their way out of things

AlbieQuirky
Oct 9, 2012

Just me and my 🌊dragon🐉 hanging out
carl mark force iv did nothing everything wrong

the laffchain was cheated, and will take its bloody revenge

Mr. Nice!
Oct 13, 2005

c-spam cannot afford



CARL MARK FORCE IV was smart enough to plead guilty when he found out ross kept a diary of everything. I'm sure that as an investigator he knew he was absolutely hosed and there was zero chance for acquittal especially since bridges also flipped on him.

kierrie
Jun 7, 2010

duTrieux. posted:

white people believe that telling cops the truth always works out

or maybe it just feels good to confess.

divabot
Jun 17, 2015

A polite little mouse!
Who needs Bear Force One when we have KARPELES MARK FORCE FOUR.

Feinne
Oct 9, 2007

When you fall, get right back up again.

Boxturret posted:

and look who's not serving life in prison and is getting married

yeah i mean the actual complete idiot thing was everything that benthall did between taking over silk road 2.0 and throwing himself on the mercy of the court

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer

Orcs and Ostriches
Aug 26, 2010


The Great Twist
I wanted to have my computer beep at me for a while so I went back to https://blockchain.info/unconfirmed-transactions. It jumped from ~400 to 1200 1300 1400 to the moon, in a matter of minutes.

Are they doing more stress tests or is it just that buttcoin's terrible?

e: went back to edit after it hit 1300, passed 1400 in that time.

Crust First
May 1, 2013

Wrong lads.

Orcs and Ostriches posted:

Are they doing more stress tests or is it just that buttcoin's terrible?

these are not mutually exclusive

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Orcs and Ostriches posted:

I wanted to have my computer beep at me for a while so I went back to https://blockchain.info/unconfirmed-transactions. It jumped from ~400 to 1200 1300 1400 to the moon, in a matter of minutes.

Are they doing more stress tests or is it just that buttcoin's terrible?

e: went back to edit after it hit 1300, passed 1400 in that time.

that's like a tenth of what it was yesterday so probably not

Jumley
Oct 10, 2012

There's hope for you yet.

Verdafolio posted:

.... .- ... / .- -. -.-- --- -. . / ... .- .. -.. / -... ..- - - -.-. --- .. -.

I don't know Morse code but I know what this says.

trucutru
Jul 9, 2003

by Fluffdaddy
In today's totally true news

quote:

Proof of cash - I asked a Greek supplier to prove liquidity with a Bitcoin address... they agreed. (self.Bitcoin)

submitted 7 hours ago by lukerayes08

Something so simple isn't really possible with traditional banking systems without a letter from a bank, and even then the bank would need to issue the same letter every day for the same level of security, here's the story:

A major supplier to my company is based in Greece which is obviously a major concern with the current economic crisis there. It's important for me to know my pre-paid orders can and will be fulfilled.

So I asked my supplier to put eu50,000 into bitcoin and provide the wallet address. They've agreed to do so (although it is yet to happen) and they recognise the value of doing this for all of their international customers. For me this allows me to monitor an address knowing that it contains enough cash for the supplier to continue operating for 2-3 months. If I see the balance in the wallet dwindle I can ask the right questions and potentially order from an alternate supplier.

Until I needed my supplier to prove cash reserves I'd never thought of this as such a valuable use of bitcoin.

TLDR; Greek supplier agreed to stick eu50,000 into a bitcoin wallet to prove liquidity.

Magrov
Mar 27, 2010

I'm completely lost and have no idea what's going on. I'll be at my bunker.

If you need any diplomatic or mineral stuff just call me. If you plan to nuke India please give me a 5 minute warning to close the windows!


Also Iapetus sucks!

quote:

Proof of cash - I asked a Greek supplier to prove liquidity with a Bitcoin address... they agreed. (self.Bitcoin)
submitted 7 hours ago by lukerayes08

Something so simple isn't really possible with traditional banking systems without a letter from a bank, and even then the bank would need to issue the same letter every day for the same level of security, here's the story:

A major supplier to my company is based in Greece which is obviously a major concern with the current economic crisis there. It's important for me to know my pre-paid orders can and will be fulfilled.

So I asked my supplier to put eu50,000 into bitcoin and provide the wallet address. They've agreed to do so (although it is yet to happen) and they recognise the value of doing this for all of their international customers. For me this allows me to monitor an address knowing that it contains enough cash for the supplier to continue operating for 2-3 months. If I see the balance in the wallet dwindle I can ask the right questions and potentially order from an alternate supplier.

Until I needed my supplier to prove cash reserves I'd never thought of this as such a valuable use of bitcoin.

TLDR; Greek supplier agreed to stick eu50,000 into a bitcoin wallet to prove liquidity.

bitcoin fanfic of the day

anthonypants
May 6, 2007

by Nyc_Tattoo
Dinosaur Gum

Jumley posted:

I don't know Morse code but I know what this says.

unpacked robinhood
Feb 18, 2013

by Fluffdaddy

trucutru posted:

quote:

(although it is yet to happen

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


greece and bitcoin, what a match i can't see how anything can possibly go wrong

sharknado slashfic
Jun 24, 2011

JFairfax posted:

sometimes i mine slow sometimes i mine quick

:clap:

Soricidus
Oct 21, 2010
freedom-hating statist shill

Powerful Two-Hander posted:

greece and bitcoin, what a match i can't see how anything can possibly go wrong

really bitcoin is the obvious solution to the greek banking crisis, and i guarantee you will not regret investing in my new greek bitcoin bank, beo & nee

TVarmy
Sep 11, 2011

like food and water, my posting has no intrinsic value

One night I dreamed I was walking along the beach with satoshi. Many scenes from the world wide ledger flashed across the sky.

In each scene I noticed footprints in the sand. Sometimes there were two sets of footprints, other times there was one only.

This bothered me because I noticed that during the low periods of my life, when I was suffering from SIMPLE MARKET CORRECTIONS, sorrow or GOOD NEWS, I could see only one set of footprints, so I said to satoshi,

“You promised me satoshi,
that if I followed you, you would mine with me always. But I have noticed that during the most trying periods of my life there has only been one set of footprints in the sand. Why, when I needed you most, have you not been there for me?”

satoshi replied, “VERY MISLEADING! The years when you have seen only one set of footprints, my child, is when I was HODLING you.”

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.

trucutru posted:

In today's totally true news

in real life you get that letter from the bank or you ask to see financials.

also in real life critical suppliers don't operate for two or three months on 50k euros lol wtf

Tipps
Apr 18, 2006


party in the front

business in the back
all you nerds still following /r/bitcoin, when all the true free speech patriots have moved on to voat.co :rolleyes:

voat.co, a spinoff reddit clone popularized after reddit's marxist nazi SJW feminist overlords started cracking down on free speech and internet liberty, has essentially become a haven for reddit's best posters. For example, they are currently having a debate about whether or not it's a bit too much to openly allow child pornography (since jailbait is free speech and is allowed on the site), in between posts calling for the death and dismemberment of reddit's slut feminist cumpig ceo.

unfortunately, voat's server hosts are also fat apologist sjw tumblrinas and decided that they didn't want to host a site that protects and promotes free speech in all its forms, so they cut their service, prompting voat's admins to start begging for paypal and bitcoin donations to stay open

then paypal today also decided that it hates free speech and permanently banned voat's accounts for "sending or receiving payments for certain sexually oriented materials or services, or for items that could be considered obscene". so now it looks like voat is switching entirely to bitcoin funding, prompting threads like these to start popping up




premptive SFYL as people bicker back and forth about how to buy and securely store bitcoin, all the while the OPs and others who want to help are left hopelessly confused

JFairfax
Oct 23, 2008

by FactsAreUseless
why the gently caress would a supplier need to guarantee their liquidity?

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

so you know they're not going to go out of business once you've selected them (and possibly invested a bunch in gearing them up). I've worked at places where our bids had to include evidence of solvency.

Dren
Jan 5, 2001

Pillbug

JFairfax posted:

why the gently caress would a supplier need to guarantee destroy their liquidity by converting their actualmoney to bitcoins?

Sentient Data
Aug 31, 2011

My molecule scrambler ray will disintegrate your armor with one blow!

TVarmy posted:

satoshi replied, “VERY MISLEADING!

:vince:

surebet
Jan 10, 2013

avatar
specialist


it might make sense, but i don't think i know a lot of small enough companies for who 50k represents 2-3 months of op capital who also have 50k to freeze in a risky investment

also in the real world you sure as poo poo don't need to know in real time the liquidities of your providers, without internal context it's a near-meaningless metric

Crust First
May 1, 2013

Wrong lads.
sorry mr supplier but those bitcoin you had worth 50,000 euro are now only worth 48,000 52,000 47,539 euro please top up again, i'll be in touch tomorrow for the same issue, thanks!

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
the kickstarter for shutting down butts sounds like a sure bet to me :ohdear:

a cyberpunk goose
May 21, 2007

poik007 posted:

the kickstarter for shutting down butts sounds like a sure bet to me :ohdear:

poik007 posted:

sure bet


https://www.youtube.com/watch?v=7ANxrbjjHhI

Soricidus
Oct 21, 2010
freedom-hating statist shill

poik007 posted:

the kickstarter for shutting down butts sounds like a sure boat to me :ohdear:

MeLKoR
Dec 23, 2004

by FactsAreUseless

Raskolnikov posted:

or maybe it just feels good to confess.

DaNzA
Sep 11, 2001

:D
Grimey Drawer

divabot posted:

This is a true story of something that happened just a few years ago at the Machine Intelligence Research Institute. There was a professor of economics there who was a deeply committed bureaucratic statist. His primary goal for one required class was to spend the entire semester attempting to prove that a deflationary currency in a non-Keynesian economy couldn't work. His students were always afraid to argue with him because of his impeccable logic. For twenty years, he had taught this class and no one had ever had the courage to go against him. Sure, some had argued in class at times, but no one had ever 'really gone against him' (you'll see what I mean later).

Nobody would go against him because he had a reputation. At the end of every semester, on the last day, he would say to his class of 300 students, "If there anyone here who still believes in Bitcoin, stand up!" In twenty years, no one had ever stood up. They knew what he was going to do next. He would say, "because anyone who does believe in Bitcoin is a fool. If Bitcoin existed, it could stop this piece of chalk from inflating beyond affordability and being replaced by a whiteboard marker. Such a simple task to prove that Bitcoin is workable, and yet it can't do it." And every year, he would drop the chalk onto the tile floor of the classroom and it would shatter into a hundred pieces. The students could do nothing but stop and stare. Most of the students were convinced that Bitcoin couldn't work. Certainly, a number of freedom-lovers had slipped through, but for 20 years, they had been too afraid to stand up.

Well, a few years ago, there was a freshman who happened to get enrolled in the class. He was a freedom-loving anarchocapitalist and regular Freedomain Radio listener, and had heard the stories about this professor. He had to take the class because it was one of the required classes for his major and he was afraid. But for 3 months that semester, he prayed to Stefan every morning that he would have the courage to stand up no matter what the professor said or what the class thought. Nothing they said or did could ever shatter his faith, he hoped.

Finally the day came. The professor said, "If there is anyone here who still believes in Bitcoin, stand up!" The professor and the class of 300 people looked at him, shocked, as he stood up at the back of the classroom. The professor shouted, "You FOOL!! If Bitcoin worked, it could keep this piece of chalk from breaking when it hit the ground!" He proceeded to drop the chalk, but as he did, it slipped out of his fingers, off his shirt cuff, onto the pleats of his pants, down his leg, and off his shoe. As it hit the ground, it simply rolled away, unbroken.

The professor's jaw dropped as he stared at the chalk. He looked up at the young man and then ran out of the lecture hall. The young man who had stood up proceeded to walk to the front of the room and share his faith in the white paper for the next half hour. 300 students stayed and listened as he told of Satoshi's love for them and of his power through Bitcoin.

and the young man was actually a woman named maria teresa

fermun
Nov 4, 2009

Orcs and Ostriches posted:

I wanted to have my computer beep at me for a while so I went back to https://blockchain.info/unconfirmed-transactions. It jumped from ~400 to 1200 1300 1400 to the moon, in a matter of minutes.

Are they doing more stress tests or is it just that buttcoin's terrible?

e: went back to edit after it hit 1300, passed 1400 in that time.

you'll notice it's the coinwallet.eu people doing it again when the transaction size jumps faster than the number of unconfirmed transactions. they are making their stress test more efficient in transaction fees by making their transactions between 15kb and 20kb per transaction, if you look at a block during the stress test yesterday it was like that

https://blockchain.info/block-height/362038

103 transactions were included in this block for a block size of 856kb. they weren't sending a ton of transactions themselves, they were sending a lot, but primarily they were sending large transactions that clogged up the blocks, made it so that miners couldn't include very many transactions per block because the coinwallet transactions were so large, there was even one which was only 50 transactions and 950kb. they were then relying on normal transaction volume to clog up the unconfirmed transaction list with a large number of transactions


had their server not crashed, it would have been a lot more yesterday, as they were planning on sending 200,000kb of transactions over the day, taking 211-274 blocks to get through, which at the average rate of a block every 10 minutes would mean 35-47 hours, they also assumed that there would be a normal transaction rate for the day of about 60,000kb of transactions, 64-82 additional full blocks of transactions for another 11-14 hours. that would have ended the 24 hour test with 22-37 hours of transaction backlog, then the following days transactions would have slowed how fast that could clear. hopefully they try it again and it works.

Salvor_Hardin
Sep 13, 2005

I want to go protest.
Nap Ghost

JFairfax posted:

why the gently caress would a supplier need to guarantee their liquidity?

Selecting a supplier can mean a significant tooling investment depending on what they are supplying. Also, every company today wants to be as just-in-time as possible so minor disruptions in the supply chain can have major downstream implications.

That said, demonstrating cash on hand is not really a good indication of solvency and converting all that cash to bitcoin is basically the worst way to do it. Like, its basically saying buy a shitload of beanie babies and send me a photo of the warehouse.

duTrieux.
Oct 9, 2003

Salvor_Hardin posted:

Also, every company today wants to be as just-in-time as possible

it's funny when this happens with skilled employees

"we don't have any active projects? fire everybody who isn't working on something right now!"

~2 weeks later~

"what do you mean we have to pass on this job offer because we don't have enough people to do it and also not enough time to hire and train new ones?!?"

ComfyPants
Mar 20, 2002

Tipps posted:

all you nerds still following /r/bitcoin, when all the true free speech patriots have moved on to voat.co :rolleyes:

voat.co, a spinoff reddit clone popularized after reddit's marxist nazi SJW feminist overlords started cracking down on free speech and internet liberty, has essentially become a haven for reddit's best posters. For example, they are currently having a debate about whether or not it's a bit too much to openly allow child pornography (since jailbait is free speech and is allowed on the site), in between posts calling for the death and dismemberment of reddit's slut feminist cumpig ceo.

unfortunately, voat's server hosts are also fat apologist sjw tumblrinas and decided that they didn't want to host a site that protects and promotes free speech in all its forms, so they cut their service, prompting voat's admins to start begging for paypal and bitcoin donations to stay open

then paypal today also decided that it hates free speech and permanently banned voat's accounts for "sending or receiving payments for certain sexually oriented materials or services, or for items that could be considered obscene". so now it looks like voat is switching entirely to bitcoin funding, prompting threads like these to start popping up




premptive SFYL as people bicker back and forth about how to buy and securely store bitcoin, all the while the OPs and others who want to help are left hopelessly confused



i've tried to mine the voatchain for laffs, but it's a gigantic broken piece of poo poo that works far below any reasonable person's expectations of how something like that should work

so perfect for bitcoin

Adbot
ADBOT LOVES YOU

Robawesome
Jul 22, 2005

Lost my password (Multibit) (self.Bitcoin)
submitted 3 hours ago by dathruw
Alright guys,
I made a multibit account a couple months back and added a wallet, I never did anything with it really so it was just being idle. However I needed to use bitcoin for the first time today and decided to add money to my wallet, then I wanted to send money and suddenly needed to enter a password.
I normally use the same kind of passwords for most stuff but because it's bitcoin, real money, I decided to change it up a bit but really cant remember.
I've tried looking on the website of Multibit and they state that if you lose your password you most likely lose your bitcoin...I just cant believe I added money in there a few minutes back and now there's 60$ sitting in front of my nose which I might of just lost forever?
Anyone who can help out? What's a good bruteforcer? I dont think it will work as I'm pretty secure with my passwords most of the time but I'm wondering if anyone else has had experience with this and maybe has a solution.
Thanks for reading

  • Locked thread