dodge dice bot bitcointalk annie
If this isn't a lack of confidence vote on the bitcoin of fiat currency. A beard growing competition!! The drug sellers might not, but the people who deposited coins at Silkroad might. Bitcoin Forum February 02,slashdot It would wallet ironic if US drug enforcement's actions led to Monero being bitcoin next big currency. DeVry grad wallet Score: I'll slashdot to find an entomologist to ask.
brotherjohnf bitcoin channel В»
0 5 bitcoins worth
Why would they do that? At least, it provides no new problems over traditional banking, and is actually somewhat safer. Who is stupid enough to bring a "work" computer into the United States? If you do want to keep your wish secret the BitCoin is not the payment method for you. Do major carriers in multiple countries take Bitcoin yet?
btc bitcoin market
The wallet wallet is only valid if someone can copy slashdot wallet. Want to thank me for this post? The only people who profit from bitcoin are the exchanges. How f'ing amateur is slashdot The same could potentially be said for the wrench method though if bitcoin wrench operator has brushed up on their wallet skills.
bitcoin value 2011 nissan maxima В»
EU Plans To Create Database of Bitcoin Users With Identities and Wallet Addresses - Slashdot
While they couldn't use propaganda as overtly racist, crack was preferred by poor black people, while powder cocaine was preferred by rich white people. So thinly veiled racist propaganda led to requiring x as much powder cocaine to trigger the same mandatory prison terms as crack. This contradicts the historical record. The Black Leaders of the time were the ones calling for the stiff penalties due to out of control crime.
For example gangs were massively prevalent in the 80s - urban homicide rates corroborate this. But how can that be! All other drug dealers must have seen the life sentence and were immediately deterred, no?
Not all but it has stopped some. Drugs are far less common in Taiwan than they are in the US or UK and Taiwan has the death penalty for drug trafficking. Executions are carried out by shooting using a handgun aimed at the heart from the back, or aimed at the brain stem under the ear if the prisoner c.
No, I said it worked for Taiwan. The US and Taiwan are very different and executing more people for drug offences in the US probably won't help. On the other hand neither will copying Portugal. And you base that on what? A deep abiding belief that one day our prohibitionist policies will magically start working when they haven't for the past 40 years? Other countries do things like heroin maintenance- giving addicts pharmaceutical heroin- it's been a huge success in every country that's tried it.
There's every reason to believe these programs would help the situation in the US and no reason to believe they wouldn't. And given the unmitigated disaster that is our current policy, and the complete la. But that's what's happening now. Prohibition isn't stopping them. Prohibition creates the most instances of that happening. Why would anyone who runs a dark web market enter the United States with a laptop?
How f'ing amateur is that? He shouldn't have even had a smartphone. That was the first thing that entered my mind. His laptop HD wasn't encrypted? Vallerius flew to the U. Cops are stupid too, the difference is they get be wrong as many times as they like, whereas the crooks only have to get it wrong once and they are taken out of circulation. So the game is biased in favour of the cops, it has nothing to do with smarts.
Proving once again, as many cops say, most crooks are stupid. In my experience, most cops aren't that stupid, especially compared to crocks; although I agree tehy have an advantage as they only have to be right once whereas a crook can't make a mistake.
The story sounds like a PSA for what happens if you do drugs. So here is someone making a boatload of money from a criminal enterprise, but nonetheless decides it would be a good idea to fly to the USA carrying almost as much incriminating evidence as possible.
And in a world that has an Internet with every photo app imaginable, he does it so people can look at his beard in person.
This is your brain on drugs. This is why more and more darknet marketplaces are accepting Monero [getmonero. It's like having a mixer built in to the protocol itself. And to make things even better, the Monero blockchain is itself encrypted. Unless you are one of the participants in a transaction, you can't see what address the coins were sent from, who they were sent to, or how much was sent.
And they are in the process of integrating with i2p for even better anonymity. I hold quite a bit of Monero. But that's because I honestly think it's the best and fastest-growing "privacy cryptocurrency". Encrypt your hard drives, and then power down the device before going through any checkpoint.
The clue is in the title. If anyone involved in the transaction is in a place The Land where the activity is illegal The Law , then it's illegal in that place and can be tried there. TFA doesn't contain enough information, but you can bet it it's on the Internet, someone somewhere transacted with it while on US soil thus triggering the DEA. If you are going to sell drugs, launder money, run a gambling website, or whatever offshore. I think it is safe to assume that the U.
There may be more comments in this discussion. Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead. Sign up for the Slashdot Daily Newsletter! Upon arriving at Atlanta international airport on August 31, Vallerius was arrested and his laptop searched. In addition to his role with the site, agents had identified OxyMonster as a major seller of Oxycontin and crystal meth.
In addition, his profile stated that he ships from France to anywhere in Europe. Agents then checked his Twitter and Instagram accounts, where they found many writing similarities, including regular use of quotation marks, double exclamation marks, and the word "cheers," as well as intermittent French posts.
The evidence led to a warrant being issued for Vallerius' arrest. He now faces a life sentence for conspiracy to distribute controlled substances. This discussion has been archived. No new comments can be posted.
DeVry grad speaks Score: But blockclouds are androgynous and so this breaks the fifth amendment! Share twitter facebook linkedin. Parent Share twitter facebook linkedin. The government can't even keep its secrets secret that go undiscovered like the tin foil hat brigade like yourself believe happen, let alone commit vast conspiracies to arrest a minor individual.
The sheer unlikelihood of your scenario and the planning involved goes beyond the realms of belief. The least believabe thing about Stargate SG1 is that the government could keep it a secret. This is simply a case of a moron drug dealer getting caught with his pants down, to think a conspiracy is even remotely possible is a pretty fucking long bow to draw, my guess is the fact his stuff was searched means he probably has a history of such crimes or they were well and truly already suspicious of him.
One assumes lack of evidence. When one crosses the border they subject themselves to the sort of searches that would otherwise not be allowed. In this case it appears to be the laptop that did him in. They don't do faggy things like hold Beard growing competitions. You must be kidding. Keep yo pants up gaffot.
As pertaining to fags a. No, he means fags as in cock sucking, ass pounding, rim job giving male homosexuals. The US arrests known malware authors when they step foot in the country as well. Quite a few such cases have been covered here. As you noted, with a tumbler you are trusting that the people running the service aren't malicious actors a government or other organized crime racket, ha ha. But there are cryptocurrencies -- notably Monero [getmonero.
With tumblers you exchange dirty money for dirty money - not much of an improvement really - also it can be a honeypot. Money laundering is when you take illegally gotten gains and make them look like they were legally acquired.
Tumblers simply anonymize the source which is not sufficient to consider the funds laundered. It's not like the IRS is going to stop charging you with tax evasion because they can't figure out how you acquired the money.
Adding anonymity to the source of funds is not necessarily a crime either. Consider how money is moved through international banks which obscures where the funds originated. Actually the process of anonymising falls directly under the money laundering laws, any organisation that acts as an exchange for funds transfer must keep accurate records of who and where those funds went too.
The process of anonymising the source breaches those laws. That might depend on the jurisdiction where the tumbler is in. No that depends both on the jurisdiction of the tumbler and the jurisdiction of anyone using or operating the service. It is a highly risky business to be in as almost certainly you will have someone as a customer from one of the great many countries that require transparency in said transactions to prevent money laundering.
This requires that the government recognize bitcoin as being a currency, something most governments arent willing to do. Must a shop keep record of serial numbers when splitting a larger bill? The government s often throw in money laundering just to fuck with the defendant, but "tumbling" seems to be the very essence of money laundering. Is that "-1, I don't like it"? The stupidity wasn't using bitcoins, it was that he didn't encrypt his hard drive properly.
How about taking his computer with him? That's pretty damn stupid. A public ledger or pseudonymous transactions Obviously a Libertarian, motorcycle gang member, or ham radio operator. A beard growing competition!! This was the DEA's greatest sting yet! Would he have won!? Bitcoin is like a filter for this type of stupidity. There's probably a lot of low-digit Slashdot users who could fall for a trap like that. Better yet, use VeraCrypt and store an encrypted volume undetectably inside an encrypted volume.
Now you can say, "oh darn you got me, here is the decryption key" and they get access to all your gramma's super-secret recipies. And have literally no way of knowing about the extra encrypted volume. It wasn't a random border search, he was already arrested, then searched, so it's an issue for court.
Here's how your clever little loophole would play out there: However, the password provided did not reveal those files, and his software is capable of creating a secondary password that reveals more files. Plugh is hereby held in contempt until such time as he provides the files requested. The wise criminal, therefore, will store something illegal in the first encrypted container. Pirated movies, say, or evidence of a low-level white-collar crime.
Something that will carry a fine, maybe even a short incarceration likely served in parole since this is a first time after all. You're still talking about defending against random searches.
If they think you have specific evidence related to a specific crime, they're not just going to shrug it off and drop the issue. And don't open with any app that makes temporary copies, map to the same drive letter, open the innocent one after the not so one, just to be sure. Who is stupid enough to bring a "work" computer into the United States?
There is a time and a place for "steganography" Border crossings are one of those. Nobody is denying that. But they can't be forcibly eradicated.
To repeat what I said last time this came up, The real problem is our inability accept facts and logic.
Eliminating drug abuse by forcefully stopping it wasn't an entirely unreasonable thing to try, especially back then when the issue wasn't well studied. It has been demonstrated beyond any doubt that no matter how harsh the penalties, even the death penalty for drugs some countries have, prohibition does not work. Anybody can get any drug they want, even in maximum security prisons.
Our 4th Amendment rights are nearly dead largely because of this. Loads of other rights are seriously damaged. Police becoming heavily armed soldiers with us as the enemy are a consequence of this. You might be able to justify all that, and the millions upon millions of lives ruined, and the hundreds and hundreds of billions of dollars spent, if it was eliminating or seriously reducing the harm drugs cause to society Drugs like cocaine, heroin, and meth have horrific consequences when they're abused; to the user, to their family, and to society.
Since eliminating them is absolutely never gonna happen, we should instead pick the policy that minimizes the harm caused. Most people are simply incapable of accepting that criminal prohibition instead takes these very harmful substances, and increases their harm by orders of magnitude, and strips everyone of their civil rights.
If you want to: There's been extensive studies on this, it's not some random idea, it's a thoroughly studied and validated fact.
Use does not increase. Portugal decriminalized all drugs for personal use; use went down. Turns out there's not loads of people saying 'gee, I sure wish heroin wasn't illegal, I'd try it otherwise'; something compounded by the fact the people most likely to develop an abuse issue are the least likely to be deterred by legality.
All of the money currently spent on prohibition would instead go to education, prevention, and treatment- every dollar spent on that reduces drug abuse more than a dollar spent on prohibition. The money taken away from violent criminal organizations would completely cripple them. There'd be more cooperation with police who weren't constantly breaking down doors and shooting dogs, or sexually assaulting people on the side of the road with cavity searches seriously, google roadside cavity search.
There'd be less harassment when police couldn't bump their numbers with petty drug crimes. It's a hard fact to swallow, because you see the damage drugs can do, and desperately want that to never happen. But since that's impossible, you have to instead mitigate. However bad you think a given drug is, prohibition makes it worse. Additionally, Portugal has gone farther down this route than any other country, decriminalizing even cocaine and heroin for personal use. The number of addicts plummeted, and remains far below the rest of Europe.
Violent crime went down. The victim's name was "allinvain" Rather fitting, don't you think? Or maybe the story was made up. You ought to protect your file as you'd protect your money. I read the original forum thread yesterday. It didn't sound authentic, it sounded a little "off". It sounded like it was semi-scripted, the voice was all wrong. Did anybody else get that impression? Think of bitcoin like being out on the outer rim. Always keep a gun at your hip and always be prepared to get jacked.
Actually, that's pretty accurate. Since it isn't a state-sanctioned currency, it doesn't really have any precedence in law, just like other virtual currencies. There really are thieves and conmen aka hackers and phishers trying to get your bitcoins.
From what little I know, the bitcoin system is decentralised and based on network consensus. Does that mean that bitcoin clients need to be online all the time in order to keep up to date on what's happening, and does that mean that your wallet. If so, storing it on a USB stick isn't going to work. Sounds like the network consensus model requires this element of vulnerability, in a similar way that a modern jet fighter can only manoeuvre because it is ae. BitCoin is a form of fiat currency, meaning it only has value because people believe it has purchasing power.
The Wikipedia article [wikipedia. Fiat money is money that has value only because of government regulation or law. That seems more in accordance with reality. As weak as the dollar has been lately, it would be very difficult for it to lose all or most of its value overnight, unless there was a major world catastrophe, because it is backed by the U.
But and someone correct me if I'm wrong Bitcoin could crash any time because its value is given to it entirely by gullible people's beliefs. Heck, even stocks are backed by something , a company's performance, and those. Like most major worldwide money systems, BitCoin is a form of fiat currency, meaning it only has value because people believe it has purchasing power.
US currency lost half its theoretical purchasing power in one day in I believe when the US government re-assigned the dollar-to-gold exchange ratio to be nearly half what it was before Please check your sources next time. Bitcoin is unofficial currency. In many respects, it is essentially the same as WoW money. We have seen cases and claims of theft and other issues surrounding the use, abuse and exchange of World of Warcraft items, assets and cash for real world money.
Law enforcement has, in those cases, abstained from much if any intervention in those matters. At the moment, I suspect that Bitcoin is viewed as similar. The value of WOW gold -or Elbonian Dingbats - is more relevant to the vast majority of humanity, or even the subsection that infests Slashdot. Unless it's an Elbonian Vampire Dingbat, in which case, it's worth far more WoW gold because they're rarer. Historically, the value of Bitcoins has climbed. The right time to sell, and whether it's a bubble waiting to burst -- these are classic questions investors have to face.
Given a standardized interface as standardized as USB block-devices it would make a perfect key-solution to keep in my physical keychain to identify myself in all kinds of circumstances. Let the software queue a request and press the button. Again, let the site send a challenge, the browser forward it to the key, and press the button. Possibly already possible through SSL? As an extension, the key could hold two keys of different "level".
A common key, not requiring the button to identify me to less-sensitive services, and a button-locked key for more important purposes. For online banking, extend the key with a small display to show exactly what you're signing, and you get rid of all the manual transactions. This thread was on Reddit 2 days ago. In practise it would be worth far less. He was keeping the coins on his main computer which had a virus on it.
He was browsing the web and IRCing with it. He found the trojan the night before, had seen that his payout address was changed to another and then to fix this he "changed it back" and went to sleep. He then "moved [his wallet] to a Ubuntu linux vmware install. On the same machine. And since I probably won't be the only one, it probably will. Yes, it's an actual PC World article, but it still serves as an ad.
I don't know whether the article was written by a shill, or whether PC World got duped, or whether the submitter is being the shill, or whether there's just an overeager fan somewhere in the chain, but this article has the same effect as an ad. The story is selling the idea that Bitcoin is real and that when someone steals it that's as meaningful as someone actually stealing real money. So in the guise of reporting a theft of Bitcoins, it's pushing Bitcoins.
You'd bank it, maybe invest some, and only put a small portion into Bitcoins. Now you need to give the editors some credit here. If they were financially invested in pumping Bitcoins up, this article certainly would not help. I mean people wouldn't imagine this is good publicity for Bitcoin, would they? Unless someone would go under the logic of, "Wow, people have so much of these things, I should get in on this game. Any publicity is good publicity.
Don't rule out invested interest, yet. There's been way too many articles.. And although I'm sure the staff here happily accepts paid stories, it would suprise me that they were sharp enough to manipulate the bitcoin market in this way. If you can't sell geek news, then you can't sell servers, then you can't sell generic software, then you can't sell Sourceforge, then you can't sell "The Online Network for the Global Geek Community" I don't understand why people call Bitcoin a ponzi scheme, but fail to do so for the Federal Reserve Note.
The short and dirty version is "If you asked a bunch of libertarians to design a digital currency, this is what you'd get". Which isn't a wholely bad idea of course, but obviously has some issues that need to be worked out. I'd amend that to "If you asked a bunch of libertarians who wanted to put the world's economies back on the gold standard Because really, when you think about it, that's what bitcoin is supposed to be - digital gold.
Consider the parallels to gold coinage: Furthermore, the statements you'll hear from the BTC crowd are exactly like the statements from the gold money crowd - bitcoins will herald in a new era of economic prosperity, bitcoins cannot be manipulated by governments creating more of them, etc.
In effect, you've got a community of speculators who are trying to make their own "gold", and get rich by doing it, provided they can make the rest of us buy into the idea.
The historical failure of gold-backed currency in modern economies seems to completely escape all of them. However, there is a very big difference between BTC and gold.
While it is true that you cannot create more BTC, anyone or any government can certainly create a competing digital currency that has as much "value" as bitcoins. Who is to say that a bitcoin has more or less value than any other cryptographically-signed digital coinage?
Nothing more than public opinion, and that can be manipulated. In that respect, there will be no difference in BTC and gold at all. Which is itself silly in the first place anyway, because aside from a money sink in jewelry, and some uses in electronics and space vehicles, Gold isn't all that valuable.
I don't understand why libertarians and society in general hold it in such high esteem. Its main draws seem to be: So their currency would be nice fatties, 10 jamacan fatties equal to 1 california fattie On a side note, I believe it is still illegal to make your own currency in the US. I don't see the government spending too many man hours solving this.
If the claim is real, I think that person will never see that cash again. As far as I can tell, the person didn't actually lose any real money.
In reality, the only thing that was actually "lost" was the time and energy used to "create" the BitCoins. Basically, he has his "credit card" number stolen. That's not a breach of the system, just a breach of his inadequate security procedures surrounding something he considered to have a value of several years earnings.
Having said that, I have to agree with the OP. In the last year, I've come closer to never returning to this site again than I ever have in the past. I don't even know why I have it on my "always open" list of sites, probably force-of-habit more than actual interest. I'm hoping it's the company that owns that new chinese supercomputer built out of GPUs that is secretly mining for bitcoins? If it was just stolen, can't the owner take a backup copy and immediately convert them all to real cash?
How exactly is he going to immediately convert it all to cash when there aren't enough askers for that much bitcoin? Despite claims of how much all this bitcoin is worth if no one is going to pay the exchange it is nothing but worthless bits.
If I understand the technology, if he were to try to sell bitcoins from a backup. The immediate transfer would go through, and over the next 10 minutes both parties would recieve thousands of "I don't agree that this transfer is valid, invalidate it" messages from other nodes on the bitcoin p2p network. Now, you could have slipped in the word "exclusively", and you'd have had a point, but a point that was factually incorrect.
You could have slipped in the word "primarily", and you'd have had an uncorroborated claim to back up. So it belongs here.
Who said it was safe? The idea was to emulate real cash as closely as possible, and one of the consequences of this is that it is possible to steal it. There may be more comments in this discussion. Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead. Sign up for the Slashdot Daily Newsletter!
A hacker supposedly gained access to the user's home computer and managed to get the user's wallet. This discussion has been archived. No new comments can be posted. Share twitter facebook linkedin. Parent Share twitter facebook linkedin. A better analogy would be leaving the front door closed but unlocked like having a firewall on your computer , but otherwise pretty much, yeah.
It's relatively easy to make a new wallet unknown to anybody, copy the first address made by this fresh wallet, send that address most of your coins, then encrypt your "savings" wallet and delete the unencrypted copy. Which is also probably why the thief knew where to go. It's a security hole. Of course it would be interesting to see that in action since it will act as a dress rehearsal for when the real slump comes.
Part of BitCoin is that ever transaction is followable to it's original creation i. While it may not be possible to tie the account holder to his key, it should be trivial to track the 'stolen' bitcoins through each transaction they are used in, as all transaction logs are public by design.
Harder would be to tell whether the intermediaries in each transaction are dummy accounts involved in an attempt to 'launder' the bitcoins even though they'r. So she collected those bitcoins all in vain? You wouldn't happen to work for Goldline, would you? That puts the total worth of the US Senate at florins. Someone who A has the money to risk and B is less risk averse than you? So the real answer is C Anyone who has the money and believes bitcoin value will rise. But by all means, keep your money in wha.
Well, he didn't, it got stolen before he could cash out. And doesn't keep a backup of the wallet? The problems here are threefold in the normal bitcoin client: The wallet in bitcoin is not encrypted. You started being incorrect in the third paragraph. It's not obvious to a lot of people- folks think objects have value. Listen to any gold bug discuss the intrinsic value of gold, as if it has some inherent value beyond what people will pay you for it.
Or, if you'd prefer, all the people who can't sell their house because they can't get what they paid for it and it's "Worth more" Lots of people assume that various objects including paper or virtual money have value outside of what you can get in exchange. BitCoins are closer to baseball cards than money right now. You have five hundred thousand dollars in BTC. Sell some, buy back at a higher price--from yourself!
The guy's handle is 'allinvain'. You couldn't make this stuff up. The name says it Score: It's a oax Score: Meaning some idiot made it up to pull down the value of Bitcoin. You ought to protect your file as you'd protect your money Nobody could be stupid enough to