Bitcoin to PayPal exchange

Exchange Bitcoin, OKPAY and other e-currencies to PayPal, Visa, MasterCard and others.

Monday, March 20, 2017

"The Uncensored Hidden Wiki" fake replica!

I found out that there is a fake version of "The Uncensored Hidden Wiki".

On the fake version some links are changed with fake websites.

I suppose they are trying to steal your login credentials.

I compared the "Financial services" pages on both wikis and found out that they changed the URL of the "Hidden Answers". However, the fake replica of "Hidden Answers" don't work at the moment.

 

Genuine (supposedly): http://gxamjbnu7uknahng.*****/wiki/index.php/Financial_Services
Fake: http://uhwiki36pbooodfj.*****/wiki/index.php/Financial_Services

 

Please note that I do not guarantee which of the above URLs is "genuine" and don't assume that any of them are "safe". Maybe both of them are "fake", I don't know.

Here are some examples of differences:

Screenshots are from Meld.

Visit "The Uncensored Hidden Wiki" or any other *.onion website at your own risk. I do not endorse and do not recommend using any website.

&

Genuine (supposedly): http://gxamjbnu7uknahng.*****/wiki/index.php/Hidden_Answers
Genuine (supposedly): http://answerstedhctbek.*****/
Fake: http://uhwiki36pbooodfj.*****/wiki/index.php/Hidden_Answers
Fake: http://answersiaip7g2wf.*****/

Sunday, March 5, 2017

Bitcoin price analysis

Every bitcoin sold at the moment is a trader consolidating the current $1250+ price position. In an ideal world we would have a slow decrease in value prior to the ETF decision, and a big redistribution of bitcoin away from people who bought at a much lower price(and are thus happy to sell them in a dropping market) to people who are more likely to hold if it falls and reduce the downwards volatility that has been present in the last couple of months.

Tuesday, February 28, 2017

Bitcoin conspiracy

What if a few people like Ver or Gavin realized that if Bitcoin ever actually looked like it was going to succeed the banking industry would spend billions of dollars to stamp it out or that rapid adoption could actually be very bad for society and mankind as a whole?

In either of these cases, Bitcoin would have to constantly look like it was on the brink of failure even though adoption was increasing. This would serve to slow adoption to a manageable rate as well as keep the corrupt banking and fiat system from bothering to get involved until too late.

How would I do this? First, you have to keep the actual conspiracy small otherwise the jig is up. But then how do you get co-conspirators who aren't actually co-conspirators? Make it about something else, a competing client. OK, great. But you really need to stop people from actually wanting the client. How do I do that? Easy, I will make it complete shit and a totally obvious guarantee of failure to anyone technical. Uh oh, they will just dismiss me out of hand and continue on their way! What will I do?

FUD. LIES. PROPO. FUD. LIES. PROPO.

Damn, all this costs money. I don't want to lose all my coins. I know, I'll use this system to make money on altcoins! That way I can continue funding my conspiracy to pretend to want Bitcoin Unlimited while I really want to slowly advance Core.

While none of this is likely true, I like to think it is, I sleep better at night this way.

Quantum computers are threat to Bitcoin?

What to do if Bitcoin's cryptography seemed like it would be broken in a few years because of quantum computers?

Some people said we should upgrade to a quantum proof encryption algorithm but do nothing else, and once the crypto eventually gets broken, anyone with money in non-quantum proof addresses will simply have it stolen, leaving potentially millions of bitcoin in the hands of one thief.

Theymos argued that this would be a systemic risk to Bitcoin, and it would be better to give people a few years to send coins to a quantum proof address, and then freeze all unprotected coins assuming they were lost. From the victims perspective this is about the same as having the coins stolen, but it would be far safer for the ecosystem as a whole.

Saturday, February 25, 2017

Your money is already just numbers in somebody's computer, the only question you have to ask yourself, whosе computer?

A lot of people struggle to understand bitcoin, because it's "digital", without recognizing the simple fact that nearly all money today is digital. Virtually all of our money today is just numbers stored in a database on someone else's computer.

However, there are important distinctions between having your money represented on a computer owned by a bank or stored on a tens of thousands of computers worldwide in a cryptographically secured peer-to-peer network.

Your digital money at a bank can be frozen, stolen, blocked, hacked, and devalued. You cannot do anything with your digital money stored at a bank without permission from the bank that controls it and under the scrutiny and whim of the state. Your funds can be blocked, confiscated and, most certainly, tracked and reported to the government.

Your digital funds on the blockchain suffer from none of these issues, with the only legitimate concern being that the value can fluctuate substantially on a daily basis.

This works out to a simple cost/benefit calculation for your personal risk tolerance.

Savings in bitcoin are likely, on average, to increase in value over time. Savings in fiat are 100℅ guaranteed by design to be worth less over time.

I just thought I would share this as a gentle reminder any time someone claims bitcoin isn't "real" because it's just numbers on a computer.

People which not use bitcoin don't avoid it because it's digital, we all know this - they're already using digital money all the time. They avoid it because they don't trust it, and they trust banks. Who can blame them, really - they've never had a problem with their bank, they have no idea how bitcoin works and the only evidence they can understand to show that it's not a complete scam, is that it hasn't collapsed in 7 years.

These people also believe that the money in their bank account is their property. It's not. The bank owes you the money. If they refuse to give it to you, they're not technically stealing, they're just in debt.

Also, money are form of debt. You exchange something of value for a token. Later you exchange the token for something if value. The token is a debt owed to you, by the community that has agreed to use the token. There is an implicit or explicit promise to honor the token debt and their is an accompanying possibility of default. This applies to all kinds of money, including bitcoin.

Saturday, August 13, 2016

Is making 400% trading options and Forex 'with the right strategy' really possible?

If it's so easy making 400% trading 'with the right strategy', why isn't everyone doing it?

Let me guess: the 'right strategy' is a secret known to only a few select, but for the right price you'll let me in on it and tell me this incredible secret that you 'guarantee' will make me a fortune.

But no, you can't show me how much money you've made, or explain why you're hocking this instead of using it yourself. That's part of the secret. And if everyone knew why, the government and the Feds would shut it down cause they don't want people to make money. Wall Street hates it too. Honest.

Now it makes sense. Where do I sign?

This Linux flaw could open you up to attack

Download PDF

A flaw in the Linux kernel lets hackers inject malware into downloads and webpages, smash Tor connections, launch denial-of-service attacks, and more.

This sounds pretty serious. It sounds like if either side of a connection is affected by this bug, and an attacker knows both sides' IPs, then they can quickly confirm that a connection exists and insert whatever data they want into the middle of the connection. They can't read data sent between the two parties, though.

Where this is most worrying to me is system updates. On Linux, it's unfortunately fairly common for updates to be automatically delivered over HTTP and then not checked in a secure way. For example, Gentoo by default downloads packages insecurely, and on yum-based systems, even though the stock configuration is often secure, it's common to add insecure repos (for example, the official nginx repo is by default insecure). If your system downloads updates insecurely, then an attacker can maybe take over your computer by knowing just your IP address with this attack.

As a workaround while patches to fix the problem are prepared and distributed, you can raise the rate limit on your Linux machine or gadget so that it cannot be reached, by appending the following to /etc/sysctl.conf:

net.ipv4.tcp_challenge_ack_limit = 999999999

And then use sysctl -p to activate the new rule. You need to be root to do this.

Linux security backfires: Flaw lets hackers inject malware into downloads, disrupt Tor users, etc

This is why "Credible friends app" is bad - don't use it

The fees for this are stupid high.

25% fixed APR. The lender only gets 15% and the company that made this gets 10%.

With fees like that, you're better off screwing your friends with high interest rates outside of this app. Because you know you're just as likely to get paid back, and a company isn't making money off of both of you.

It is a shitty premise to take advantage of the financially illiterate or truly desperate. Almost any borrowing is cheaper than this.

There is also no mention of how funds will be collected should the borrower not repay their money. Are you supposed to go around to their house and ask for it back - talk about killing friendships.

Connecting your social networks and allowing friends to borrow at a locked in interest rate seems like a dangerous game to play, at some point a loan is going to go sour, and rather than a damaged credit score, it'll be a damaged friendship.

This is why even rational Bitcoin users might use credit cards

If you happen to live within your means and have an emergency savings fund, credit cards are excellent ways to get free money. Free $100 from the signup bonus to buy some Bitcoin with? Yes please!

Of course, those rewards only exist because there are enough people who are either unfortunate or foolish enough to owe interest on their balance. In addition to that, the debit/credit card companies stick vendors with the transaction processing fee, which is passed on to all of the vendor's customers.

If a Bitcoin user could write 5% off a gas purchase or grocery transaction from their credit card balance, then they're always going to spend their fiat because:

A) Gresham's law,

B) Credit card rewards lower the out-of-pocket cost to transact as a buyer, albeit artificially, that Bitcoin often cannot match in most cases.

Bitcoin only makes sense to use if it is the only option to transact with, or if it is cheaper for the user to perform the transaction with Bitcoin than any other alternative, or if the user holds off on spending their Bitcoin until they have a profitable margin as to 'lock in' profits.

How 16 years old boy learned a valuable lesson about margin trading

I gave bitcoin to my 16 year old brother as a Christmas present. When he eventually found out how to use it he went to poloniex and discovered margin trading. He didn't have bitcoin for long.

US verified accounts at Bitfinex are frozen and withdrawals are not possible

Reports from yesterday seem to suggest that US verified accounts are frozen and unable to withdraw.

There are suggestions that Bitfinex doing this as a punishment for Synapse Pay not allowing their theft

US verified. All my remaining BitFinex balances are frozen. I can't buy/sell or withdraw anything. They're using SynapsePay as their excuse, but I don't see why they can't quickly (it's been days since everyone else got to resume trading) do one of two things:

1) Reduce our BitFinex balances by the amount Synapse sent us (as of the last settlement 16 hours before the exchange shutdown), even if that makes our USD balances negative. Then allow us to trade but not withdraw until we bring the USD balance out of the red. They're already manually approving all withdrawals, so it shouldn't be hard to check for negative balances

2) Just take from our BTC or other coin balances whatever is necessary to achieve the haircut. This wouldn't be sufficient for customers with only USD, but would enable at least some of us to resume trading.

I am a verified US customer and am not allowed to withdraw with the following notice

Your account is currently restricted from withdrawing because your BitGo wallet is frozen and accurate accounting can not be determined for your balances.

However, I only have $5 in my BitGo wallet (which is not frozen by the way) and mannny more BTC stuck in Bitfinex due to this. Support seems to be ignoring requests about this issue so far and there has been no ETA on a fix.

I was able to withdraw (US custom). No clue if I am verified. Heck, don't even know very well what Bitgo is. Opened an account in 2013, shoved some bitcoin in, and left it until now.

This is why you should not keep your cryptocurrency on exchanges. Make small transactions, less than amount you can afford to lose.

American. Verified. I can't even attempt to withdraw. I instead get this message.

Is anyone else getting this particular message instead of the BitGo message?

I'm also unable to move anything between wallets, and they put all my funds in my margin wallet, which is still disabled for US customers. Guess I'll just hodl this BFXCoin . . .

Friday, July 1, 2016

Capitalism is dead

Capitalism finished a long time ago; if it ever existed. The use of capitalism as a synonym for greedy business is a sad commentary on the lack of language of our day. Capitalism is about capital formation and nothing to do with the ripping off of the masses. That's the role of religions and politicians who encourage everyone to work harder and accept their lot.

Saturday, June 25, 2016

Unconfirmed Bitcoin transactions and you: What's going on, where are your bitcoins, and what you can do about it

If your transaction is not being confirmed, and you did not use replace-by-fee (you almost certainly did not, very few bitcoin wallets support this) then you will have to wait for the network nodes to drop your transaction from their mempool before you can attempt to resend your transaction.

After 72 hours of being unconfirmed, most mempools will drop it (nodes with default settings). If volume is particularly high and mempools are completely filled up (beyond 300MB for default settings) then it will be dropped sooner. However there is no way to know if your transaction is being dropped or not, beyond just going to common blockchain explorers and seeing if they have it. Blockchain.info has very liberal node configurations, they keep almost every transaction. Chain.so is an example of one with conservative settings, they are likely to drop your transaction before other explorers and nodes.

Why isn't the price of Bitcoin surging even more now that Brexit has been decided?

Big money moves ahead of news.

Small money moves after news.

Why isn't the price of Bitcoin surging even more now that Brexit has been decided?

Big money moves ahead of news.

Small money moves after news.

Bitcoin is not well known, and very few people consider it a safe haven asset (even though it has demonstrated these qualities for several years).

It is difficult to understand and purchasing can require several days of verification.

If you follow "financial news" you'll often see "journalists" say "DOW down 100 points after jobs report" or "DOW up 100 points on leaked earning data"

What is really entertaining is watching the news reports on volatile days. You'll get a news report in the morning when the market is up saying "Market up 3% after positive earnings report" and then in the afternoon "Market falls 2% while OPEC uncertainties loom"

And if you notice very carefully, they never say definitively that it is up or down BECAUSE of these factors, just that they occur at the same time.

The market moves along a stochastic walk, and sometimes that walk crosses certain margin thresholds which activate certain behaviors, which in turn causes large players to make large decisions.

The news is correlative at best, and big money moves ahead of the news.

Why did the stock market rally the day before Brexit? It got within 100 of the right shoulder for the 18month trend, just to be slapped down. It was a final opportunity to get out of the market ahead before the big crash. Big money pumped the market up, and big money cashed out. The market didn't fall on Friday because a bunch of mom and pops with a couple stocks sold, it fell because giant institutions sold. Monday is when we will start seeing some repercussions. If the market doesn't do a 180 we are looking at banks going under and an entire global game of dominoes coming to a close.

Bitcoin will continue being bitcoin. Sure I'd love it if it were higher, and I dream about it regularly, but as it stands right now at $650, I couldn't be more pleased to be involved in Bitcoin.

Bitcoin represents much more than a vehicle to wealth, it is the most powerful weapon against the modern nation-state, and the most powerful peacemaker on Earth. Bitcoin is far more powerful than any bomb, nuclear or otherwise. No traditional weapon has the potential to cause every nation to fall to its knees without bloodshed.

Brexit will make Bitcoin more popular

I think the media and press coverage Bitcoin is getting as being a safe-haven asset will increase investor awareness and eventually make it a recognized safe-haven asset as investors reevaluate options. But I expect that to occur over a more gradual timespan of months to years as investors encounter long-term global financial instability. Very few people had their finger on a trigger to buy BTC the way traders were ready to shift GDP to USD or gold.

Until Bitcoin has an ETF or Forex presence (on major Forex brokers) I don't expect markets to react on a similar timescale.

Friday, June 17, 2016

Drastic shortening of attention spans

I teach at a university and since Facebook I see a drastic shortening of attention spans allowed for reading and listening. If I cannot say it in less than 3-5 minutes, then I've lost them. Before Facebook and smart phones, I had 20-30 minutes. Attention span planning is forcing major changes in education. It's our world... journalists have to adjust too.SusieMach
Source.

Thursday, June 16, 2016

When you print important crypto stuff (private keys) make sure you use a proper font and don't leave traces on your printer's hard drive and your computer's hard drive

When printing your keys make sure you use a proper font (that don't have similar characters - like "I" and "l", zero and big O).

Also don't trust your printer - some printers have hard drives. And copy of all printed documents is saved on your hard drive (and then "erased" but it still revocable using "undelete" programs) - even in Linux.

You can use this trick to prevent copies of printed pages to be written on the computer's hard drive (this is NOT applicable for printer's hard drive):

mount -t tmpfs -o size=1G tmpfs /var/spool/cups
chmod 0710 /var/spool/cups
chown root:lp /var/spool/cups
mkdir /var/spool/cups/tmp
chmod 1770 /var/spool/cups/tmp
chown root:lp /var/spool/cups/tmp

Also you need encrypted home folder (/home/yourusername) to be safe.

Confessions of a former employee at a financial institution - why you should not make transactions of exactly $10 000 USD (or equivalent) in USA

Used to work in compliance, specifically AML/BSA. Sorry, ton of words coming...

There's a pretty blurry line between informing the client of a delay regarding a compliance investigation and what's known as "tipping off".

If a financial institution is found to have tipped off, the penalties are stiff. Jail time and big fines to the person who did it, and potential loss of MSB licensure for the business.

Again, that line boils down to interpretation. Most FIs won't say anything other than, "sorry for the delay," and nothing about compliance.

This is especially true if the investigator has found something they find to be suspicious. What's suspicious is also muddy. Could be that the amount is the "magic number" of 10,000.

Despite the rule that all cash deposits "larger than $10,000" must be reported, most suspicious activities like fraud, account takeover, etc are exactly $10,000, even if they aren't in the form of cash.

If you get an overzealous AML officer or investigator, any transaction using that magic number is enough to set off a full investigation of the client. If that investigator also finds your Facebook has pictures/posts of weed, gambling, etc... you're going to be the subject of a Suspicious Activity Report (SAR). Regardless of how legitimate the activity actually is, it's all about how it appears to their AML people.

The red flags the investigator sees could be as nonsensical as an ID that was just a blurry picture that didn't look as crisp as the comparison from the book. Or maybe the client's identity has been compromised (is an ID theft VICTIM) and the investigator can't tell which person they're dealing with. Or even as stupid as "the client is uncooperative", which I've seen used by investigators that were pissed that the client was upset about all of the questions and requests for their firstborn.

Say again, it's all open to the interpretation of the investigator.

Once it is determined that a SAR will be filed, there's a wall of silence that goes up, and it's a tremendous pain to get your money back from the institution because they have no incentive to hurry. The client might not get a response AT ALL to their calls or emails. This is up to the policies of the company, and it's pretty fucked.

So glad I don't do that shit anymore.

Context: Follow up on BitGold - they still have my 10,000USD and have stopped responding since I provided all the requested documents 13 days ago.
Obesity can cause infertility and sexual dysfunctions in men
Make PayPal transactions without PayPal account

Exchange Bitcoin, OKPAY and other e-currencies to PayPal, Visa, MasterCard and others.

TedJonesWeb.blogspot.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com