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Messages - werneo

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226
General Discussion / Re: Bitcoin is going nuts today
« on: November 12, 2014, 06:07:33 pm »
Soon:  Counterparty #2 crypto, bitcoin to the moon before we even manage to get the marketing campaign off the ground?

I shouldve stayed a bitcoin cultist. :P

BTS is rising as well.

The 1-day and 12-hour charts suggest that BTC is about to break out of the year-long downtrend:
https://www.dropbox.com/s/easu6iafasn0stc/Screenshot%202014-11-12%2008.03.32.png?dl=0

If confirmed, you should expect to see quite a lot of new money flowing into bitcoin and all the major 2.0 currencies.

This could be a sea change, guys. Hang on.


227
I updated to version 0.4.24 just yesterday, so I know the blockchain in the wallet on my hard drive is up to date.

Even so, when I launch the bts client and it takes about 5 minutes of hard drive activity before the login screen finally appears.

As the bts blockchain has gotten longer, the time it takes to launch the client is increasing.

I wonder: a year from now, how long will it take to launch the client?

Anyone else have a similar experience?

228
General Discussion / Re: Should we kill the DACronym?
« on: November 10, 2014, 03:57:28 pm »
Lets face it, "DAC" with "C" standing for company is the best metaphor out there.  Taking the "company" out of the DAC is taking out the profit motive which turns the spaceship into a space-lounge.  It's the Millenium Falcon pretending to be an asteroid to avoid the detection of the imperial star destroyers.  And C3P0 can tell you the odds of successfully navigating an asteroid field are very low.

The question is, does calling Bishares a DAC (company) present such danger to itself that calling it something else is necessary?  I'm all for using a combination of alternative metaphors when giving a more detailed explanation, such as "community" or "platform" etc but the key description that makes the most sense to me and grabs the most attention is decentralized autonomous company.

Calling it a "platform" or "business platform" has advantages when attracting businesses to run as delegates.  Rather than talking about the toolkit as a platform, BTS itself is a platform and it's beneficial for BTS if entrepreneurs are aware that they could 'run their business' using BTS bitassets and fund it with BTS dilution if they can get elected as a delegate.

 +5%

I think DAC (like "blockchain") is a term that is entering the popular lexicon at this very moment. It is widely recognized that bytemaster coined the term. So, distancing bitshares from the term DAC is a bit self defeating, IMO.


229
General Discussion / Re: Our Technology - For Average Joe
« on: November 10, 2014, 02:17:25 am »
I'm wondering if we can come up with something other than "blockchain". It's a secure encrypted ledger that happens to currently use the blockchain. For those not steeped in Bitcoin, or crypto-currencies in general, it may be an unimportant implementation detail of what's actually being achieved (and sold) as the integrity assurance.

I would say that the term 'blockchain' has entered the popular lexicon, and with very positive connotations. As I recall, even Goldman Sachs wrote something to the effect that bitcoin's sole contribution to banking is blockchain technology.

Bottom line: 'blockchain' is a powerful word that is rapidly spreading. Let's use it to advantage.

230
IDentabit / Re: John Underwood Visit
« on: November 08, 2014, 08:18:25 pm »
Count me in the "wow" column.

 +5%

231

Item: High risk merchants ripe and ready to use bitUSD for continuity payments

+5%)

232
Cool. Then I won't worry about it. Thanks Riverhead.

233
Question: I installed the Key ID wallet and claimed my DNS back on Sept 30. I created my key but did not register it on the blockchain.

Do I need to update to the new version or am I good to go?

234
educatedwarrior: did you check your change addresses against the suspect addresses? That would really answer a lot of questions.

One question I have for anyone: Is it possible to change my BTSX and/or PTS wallet password? If so, how?

Code: [Select]
wallet_change_passphrase <passphrase>

Thank you!  :D

235
educatedwarrior: did you check your change addresses against the suspect addresses? That would really answer a lot of questions.

One question I have for anyone: Is it possible to change my BTSX and/or PTS wallet password? If so, how?

236
Here are a couple questions I can answer now.


Did you use a password manager or did you type in your password each time you loaded the wallet?   No ... any suggestions

Have you made an inventory of your wallet change addresses and compared them with the suspect address?   I'm sorry, I'm unfamiliar with what you mean by change addresses..   Could you explain?

Has bytemaster or anyone else with technical expertise contacted you to start a forensic investigation?    No

Here is a FAQ on the concept of the CHANGE ADDRESS:

http://www1.agsexplorer.com/ags101


In short, a change address is generated automatically in your wallet.

To find the change addresses in your wallet, in debug console of PTS, type:   listaddressgroupings

This will show all the change addresses. Compare these addresses with the suspect address. Is there a match?

And to confirm: I presume the funds are missing from your PTS (not BTSX) wallet. True?


237
So.. have you formatted yet?

Nothing else was stolen?

Hi roadkill, thanks for asking.   I created new account "delegate.educatedwarrior" to accept donations and nothing else has been stolen.   However, I'm still having issues making transfers from on wallet to another... error posted above.

Your other coins are safe? Do you suspect BTS was the sole target?

Roadkill, they wipe out my PTS, BTS, and DNS.  Probably have control of  my AGS now too.   These bastards knew what the hell they were doing.

I think a "BTS" Armory software and a hardware wallet would go a long way in the future.

educatedwarrior: exactly how and when was your desktop computer infected in the first place? I'm not clear that Armory was the attack vector.

Did you use a password manager or did you type in your password each time you loaded the wallet?

Have you identified any sort of keylogging malware that would explain how your pwd was stolen?

You mentioned the funds were extracted to a particular address. Have the funds moved from that address?

Have you made an inventory of your wallet change addresses and compared them with the suspect address?

Has bytemaster or anyone else with technical expertise contacted you to start a forensic investigation?

238
item: ordinary windows bts wallet vulnerable to attack

It seems to me everyone in this thread (even the victim) seem remarkably calm. I see this event as a major threat to any future marketing effort.

It seems to me that all the appropriate brains of this community should be aimed at discovering all the forensic evidence necessary to identify the profile and source of the attack.

At the very least there should be an investigation and then a recommended course of action for other ordinary windows bts/x wallet users.

This is an extremely serious matter. Where's the emergency response?  :o

239
General Discussion / Re: SEC letters being sent. It's not pretty.
« on: October 29, 2014, 05:04:15 pm »
WSJ quotes bytemaster:

Quote
...BitShares, which uses the eponymous name “bitshares” to describe tokens issued by autonomous, software-driven companies over its independent blockchain-based software, says these are not securities either, despite their name. The implied reference to corporate shares is “an analogy,” says Daniel Larimer, CEO of Invictus Innovations, which developed the BitShares project. “I could use other analogies that view the dollar as stock in the United States. An analogy does not create a security.” The key, he said, is that there is no contract between two parties contained in the digital tokens.

http://blogs.wsj.com/moneybeat/2014/10/28/bitbeat-bitcoin-2-0-companies-respond-to-sec-rumor-were-clean/

240
General Discussion / Re: Marketing Direction - Why not How or What...
« on: October 27, 2014, 05:23:27 pm »
Something people here need to understand: a powerful, emotional message and product utility are not binary options. You need an emotional message to get the attention of average people. Once you've got their attention, impress them with awesome utility.

Bytemaster: Read Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers by Geoffrey A. Moore <-- Written over 20 years ago, it's just as relevant today as it was then. I cannot recommend this book enough.

There is a big difference between emotion and ideology.

Back in the day, the telephone company used to encourage people to use the phone by reminding them to "reach out and touch someone", while showing images that remind people of their families. Family connections emotional, not ideological. Selling emotions is frigging easy. But selling ideology? That takes $100s of billions in political campaign spending and half the time you will lose to your ideological rival.

Ideology is a marketing loser if your goal is wide adoption.




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