All posts made by mogrith in Bitcointalk.org's Wall Observer thread



1. Post 3287882 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_11.16h):

while related can we take drug war talk to off topic?



2. Post 3424707 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_11.19h):

Well the ATM normally have a camera built in.

Now which would make more BTC? Offering you a chance not to sell vidieo or just selling video on a porn channel?  Huh Shocked



3. Post 5164950 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_12.10h):

Quote from: FierceRadish on February 15, 2014, 07:45:35 PM
This forum has one of the most lenient spam/troll/idiot tolerance levels I've ever seen.

Mah87, for example, appears to have around 400 posts of nothing more than "BTC crashing buy Ripple!!!"
We also have a nice ignore button so all I get from Mah87 is this user is ignored.



4. Post 5536259 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_12.24h):

Quote from: KeyserSoze on March 05, 2014, 11:27:46 PM
Pro Tip: "literally" does not mean "i really really mean it, like seriously"

I actually looked it up at m-w.com and discovered, to my horror, that one of the accepted meanings of "literally" is now "not literally"

Welcome to the idiocracy...
I think I'm going to go ahead and claim that I am forking my reality from everyone else's. In my reality,  to ease communication (which coincidentally is the purpose of words), "literally" and "virtually" will keep its proper definition and not mean "one thing plus its opposite."

Don't forget decimate. No one means 10% when they use it.



5. Post 6751227 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_12.44h):

Ban Tide it buys more drugs than BTC
http://nymag.com/news/features/tide-detergent-drugs-2013-1/index1.html



Quote from: dreamspark on May 15, 2014, 05:59:19 PM
I have a little chuckle to myself every time Jorge mentions silk road as having a negative effect on price.

You do realise Jorge that there are more listings on SR 2.0 than was on the original silk road at the time it was taken down. Thats not to mention the other market places such as Agora that are doing a lot of business. Thats the thing with decentralization and prohibition. Its unstoppable.
Well, there are many FBI agents dreaming of promotion, and the original SilkRoad was not enough for all of them.  Wink

Seriously, I haven't paid much attention, but wasn't there a big hack/scam on SilkRoad 2.0 ?
http://beta.slashdot.org/submission/3340235/silkroad-20-hacked-all-bitcoins-stolen
http://bitcorati.com/forum/topic/silkroad-2-0-finally/

While the advantages of bitcoin for buying illegal drugs and guns may make bitcoin more popular among drug users, gun crazies, and mobsters, it is a negative feature for most everyone else, including potential investors and entrepreneurs.  Like the "election" of Brock Pierce to the board of the Shrem Karpeles & Friends Foundation...

Yeah but like all businesses that take loses you move on. Im not saying that the theft was legit etc just thats what a business does. I don't get the relevance that has to your proclamation that SR bust had a lasting negative effect on price.

I don't disagree with you about the image but that doesn't directly relate to price. Drugs in general have a pretty bad image but they're darn expensive Wink

You say that it a negative feature for most else but why don't they see that as a negative feature of fiat? Or are we being hypocritical?

The answer to your points every time though in regards to Bitcoin and drugs/crime is $$$$. Plain and simple. Plus not only because most crimes involving money use the $, £ etc but also what big time criminal, drug dealer or arms dealer would want to hold and transact in BTC for large amounts!!!!

Major criminals don't want to hold BTC for the same reason you claim no one should be investing in, volatility, pyramid scheme, can't gurantee value etc etc. Explain this to me as well then. Im fat Tony and I've just done a big arms deal for BTC Ive got people to pay who don't want BTC and I need to buy my wife some nice things. How do I go about liquidating say $5mm worth of Bitcoin or around 10,000 BTC ?

Not only would it be difficult to use an exchange due to KYC, AML, bank transfers but look at the volumes recently trying to liquidate that many coins is not easy in fact almost impossible if you agree a $ to BTC rate when you make the deal. You would end up loosing way more than the agreed deal due to not being able to liquidate that many coins at spot price. Do you see the issue here in an argument that many millions of dollars of criminal activity is done in BTC. Im talking actual criminals here not just someone selling a bit of weed.



6. Post 7082406 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_12.49h):

Quote from: San1ty on June 01, 2014, 10:03:25 PM
omg i missed this soo much

we should do this ever sunday

I LOVE YOU GUYS


who need a beer?

post your BTC address

Soo thirsty..
I buy buy beer here with bitcoin
http://thecopperdoorbar.com
1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp




7. Post 7244238 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_12.51h):

Android was OS

RND function weakened.

but a good crypto collects randomness from many places so it only effected code that relied too much on rnd function.



Quote from: JorgeStolfi on June 11, 2014, 04:08:58 AM
Not to forget, there's some speculation in the more tinfoil-hatty segments that the NSA may have supplied algorithms that are "pre-weakened". Seems unlikely but with everything that has been coming out lately, perhaps not to be dismissed out-of-hand so quickly.
IIRC, it was confirmed (by Snowden?) that the NSA had weakened a random number generator used by some OS (Windows?) to  generate keys in some popular crypto protocol (https?).  The numbers were drawn from a smaller domain than clients expected,  making the keys easier to find by brute force. 



8. Post 8374204 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_13.05h):

Quote from: JayJuanGee on August 16, 2014, 12:05:57 AM

My average cost per BTC is about $610, including transactional fees..

That's a lot more than I thought. You started to buy all the way up to 1200?

I first started at $1200 on local bitcoin's in November 2013.  My first purchase was 1.24BTC for about $1500... something like that.  How about you?  What's your average BTC costs and your duration for being in the BTC game? 

10BTC for $9.70



9. Post 8375310 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_13.05h):

Quote from: JayJuanGee on August 16, 2014, 02:37:22 AM

My average cost per BTC is about $610, including transactional fees..

That's a lot more than I thought. You started to buy all the way up to 1200?

I first started at $1200 on local bitcoin's in November 2013.  My first purchase was 1.24BTC for about $1500... something like that.  How about you?  What's your average BTC costs and your duration for being in the BTC game? 

10BTC for $9.70


Is that your total holdings?  10BTC?

noI played around with it a little and forgot about it. thrn found wallet with 2 when BTC=$120 almost all in altcoins and exchange fee shares now. about 2.5BTC in coins and another 1.5 in cold wallet so small time



10. Post 8390476 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_13.05h):

Quote from: ibrahim11 on August 17, 2014, 01:25:09 AM
IS the price going to go UP or DOWN?

probably yes



11. Post 11895980 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.21h):

Quote from: cryptasm on July 16, 2015, 04:38:32 PM
who gives a f*ck about a dutch bank?
The Dutch?

ING is also in USA mainly for investments than checking/saving



12. Post 12967526 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.33h):

Quote from: brg444 on November 13, 2015, 08:03:03 PM
how far away is the halfing?

July 2016
Chartbuddy has added a countdown



13. Post 13708227 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.42h):

Quote from: billyjoeallen on January 28, 2016, 10:04:49 PM
let me say it again


 less than 380, NEVER AGAIN.



Still stand by that call?  I think there is a one hundred and eleventeen percent chance that you are wrong.  I will bet my last satoshi on it.

But only the last one, none of the others. so not a big loss :-)



14. Post 14371261 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.48h):

I'm not using it it at an ATM. But my Shift card works fine to buy gas at the pump, online TX, restaurants, groceries, etc.

Quote from: bargainbin on March 30, 2016, 07:52:55 PM
BTC moving down, ETH moving up  Undecided

It's almost starting to look like ETH might take over.

I better go buy an ETH debit card then to spend all of these ETHs.

Or go visit an ETH accepting restaurant.

I can use them to buy things at Amazon for a discount right?

A convoluted way to use a debit card and Amazon coupons. I hope BTC has more going for it than that.

Being able to drop your bank and use an international currency that has a finite amount...I'd say that's quite a bit.

Can I do that with ethereums?

not yet...

To be fair, can't do that with Bitcoin either -- Elwar's still getting his bank cards rejected by various ATMs.

@AlexGR: your 16nm story looks like utter crap Sad

That is correct. We have just a handful of chips right now and all are used for R&D and profiling including occasional rapid unscheduled disassembly as we look for the limits of the chip Wink . We are expecting the engineering lots in a few weeks time. Luckily our schedule was not affected by the recent Taiwan earthquake.

Our total hash power has increased due to our Gldani immersion cooling datacenter getting to full capacity.



15. Post 14765163 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.50h):

Quote from: becoin on May 05, 2016, 08:00:56 PM

Vint Cerf and Bob Kahn? Or because they worked for DARPA, the guy who started ARPA, Dwight Eisenhower?
Wrong. ARPA created the TCP protocol and DNS to a certain extend. The rest (what people use now as Internet or WWW) - HTML, web browsers, web servers all that stuff was created in CERN Switzerland. Educate yourself!

http://timeline.web.cern.ch/timelines/The-birth-of-the-World-Wide-Web

you asked a precise question when he answered, then you redefined the question from internet to Web so you could call him wrong  Angry
WEB != internet.  TCP is internet  Grin




16. Post 14765579 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.50h):

On a Sub I was on in the early 80s (https://en.wikipedia.org/wiki/USS_Patrick_Henry_%28SSBN-599%29) we had an old no longer needed computer with drum memory. It had a bad starting cap so would not spin up on it's own. But if we wrapped a cord on the shaft an got it spinning it would work. It's the only pull start computer I've ever seen.

I guess I should have started this with 'This is a real no-s^*%er'



17. Post 14995331 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.51h):

Quote from: X7 on May 28, 2016, 05:36:26 AM
hodor
howall



18. Post 15197948 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.52h):

In some way a full 1.00000000 BTC will be like a 400Troy oz gold bar.  A way to move large quantities of wealth but not a normal day to day use quantity.

1 400 oz bar >$525,000



19. Post 16240285 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.57h):

If QC can break SHA256 is should be able to break most crypto so that's kind of doomish...

Quote from: JayJuanGee on September 13, 2016, 06:07:51 PM

My prediction is that unless there is some kind of measure taken to prevent quantum computers stealing old and "lost" coins, we can pretty much expect that all of these will be "recovered" or "stolen" (depending your perspective).


In that scenario all of Bitcoin is toast. As is the entirety of the internet in its present form. Let's hope something is done before this becomes a thing.

Quantum computers recovering (or stealing) lost coins that are kept in old wallets does not rise to any kind of level of doom for the whole internet. 

If old coins are not moved, and kept in old wallets, those wallets become vulnerable to quantum computers, but newer wallets can take security measures in order that they are not vulnerable to the same quantum computer attacks.

There could be some kind of measures to protect the old non moving coins from such attacks, yet I think that if in a worser case scenario they are recovered (or stolen) by someone who has such quantum computing capabilities, there is no real end to bitcoin because at such point soon thereafter, those coins would be put into circulation and potentially just dilute the bitcoin market for a short period of time, and price will adjust to such dilution. 



20. Post 16324270 (copy this link) (by mogrith) (scraped on 2020-04-04_Sat_14.57h):

Sure I can. 2+2=4!  
2+2 = 1*2*3*4  
4=24  Nope I'll argue that is not true. Wink

There are some exchanges that allow fractional reserve margin trading. But your actual BTC in a wallet you control keys on cannot have a 'Run on the bank' where you are supposed to have BTC but can't get it out.

Quote from: Hyperjacked on September 21, 2016, 09:02:27 PM
Yeah, it's overpriced - deal with it.

We deal wit it by not buyin...gotta lotta butts wit no seats imho

9.5 billion market cap...insanity IMO
Btc right now is just a way to move fiat that hardly anybody trusts. So yeah, it's market cap is too high.

I have a different view...crypto can be trusted IMO ! Math does not lie only propaganda does...market cap is way high on on Bitcoin IMO

Disclaimer:depends on hyperinflation

Crypto can be trusted - please elaborate on this mythical concept...
The dregs of society own this shit. The mainstream views it as a joke.

"crypto can be trusted" in the sense that "it's all mathmatics!" And you can't argue that 2+2=4!

Unlike the death spiral financing toilet bowl stock market...

Do you think I care about the mainstream talking heads that spoon feed us whatever the highest bidder tells them...?

"Dregs of society"...? This is the future of currency...mythical concept? Wake up dude Smiley