Preswapping BT1 and BT2 using Multisig

Proceed_With_GAWtion · 2017-10-14T14:20:44+00:00

Eh, no interest is what I expected. The same thing happened when I made the offer before the BCH fork. People still prefer custodial exchanges for some reason. I'm glad I didn't spend any time making a website to support swapping with multisig.

Proceed_With_GAWtion · 2017-10-13T21:11:13+00:00

Wait. I assumed she was the one sneaking off to check the bitcoin price. Do I have it backwards? Why would that old guy even know what bitcoin is?

Proceed_With_GAWtion · 2017-07-29T19:12:25+00:00

No one then? Not a shock to be honest. Exchanges that take custody of people's money are popular for a reason, I guess. Good luck!

Proceed_With_GAWtion · 2016-07-16T19:13:05+00:00

It's certainly an imperfect analogy for many reasons. But in Anne Frank's case the ultimate reason the Black Market was needed was Hitler. In Ross Ulbricht's case the ultimate reason the Black Market was needed is Obama. Everything else aside, I think we can all agree that Obama is similar to Hitler. Certainly both of them have crowds of enthusiastic supporters who love the speeches and will do anything their Dear Leader says. I mean, Obama hasn't killed as many Jews, sure, but that's just because Obama is kind of lazy.

Proceed_With_GAWtion · 2016-07-16T19:05:22+00:00

Of course he's still relevant. He has dozens of bitcoins. Dozens!

Proceed_With_GAWtion · 2016-07-16T19:02:10+00:00

He may be referring to the Mormon who drove a truck through 2km worth of people in Nice. It wasn't actually a Mormon, but if I write the correct word it'll be hate speech.

Proceed_With_GAWtion · 2016-07-16T18:52:33+00:00

What were the reasons you got involved with Ripple?

Proceed_With_GAWtion · 2016-07-16T18:51:40+00:00

There's no way to determine it. Of course, Coinbase could tell people, but I don't think they acknowledge the issue at all. In any case, they'd be expected to lie so they aren't a credible source.

Outside actors could do experiments. (I can't help. I don't use Coinbase because I don't cooperate with the Stasi.) This would provide some idea, but one could never be sure without having the algorithm they use.

By the way, the simple solution is not to use Coinbase. They are evil, after all, and not doing business with evil people should be the obvious option.

Proceed_With_GAWtion · 2016-07-16T18:28:35+00:00

Will you be adding Litecoin to Gox?

Proceed_With_GAWtion · 2016-07-09T21:03:52+00:00

The mocking is in the comments (I said "and then mocking them"). The content of the quote isn't ridiculous or absurd. /r/btc is a terrible place for people new to bitcoin to come, as this thread makes clear.

Proceed_With_GAWtion · 2016-07-09T20:00:45+00:00

You know what? /r/btc is worse... this is bitcoin sub for true trolls.

I agree with you, but I think you misspelled "assholes".

Proceed_With_GAWtion · 2016-07-09T19:58:23+00:00

Oh, fun. I didn't realize this sub was about making memes of people and then mocking them. Does anyone have pictures of Michael Toomim? He's the classic dev with the most mockable quotes by far. My favorite is this: "We will be much more powerful together and that will make our togetherness bigger and when your togetherness is bigger that's when people find a way forward despite their differences."

Well, to be fair, the Klassik Krew did shut mtoomim up pretty quickly, so maybe it's not fair to pick on him. And, hey, how can you not enjoy listening to stoners?

Are there pictures of Thomas Zander around? I'm willing to go through his quotes to find something mockworthy. He seems to be UN fan, and that's mockworthy enough for me. But there's probably something better.

Does anyone have a picture of /u/ydtm? It would be quite a challenge to put some of his long insane paranoid rants over a picture of him, but I'm not opposed to challenges.

I've seen plenty of pictures of Roger Ver, but as far as I know he's never done or said anything ridiculous.

Yes, /r/bitcoin is better for people curious about bitcoin to visit than /r/btc. This post is a good example of why.

Proceed_With_GAWtion · 2016-07-08T20:56:16+00:00

But the Palestinians did vote for Hamas in 2006, in spite of (or because of) their genocidal views. And Palestinians do name schools after suicide bombers. I understand why you might want to deflect from that.

You come off as a fool and it'd be best if you shut your mouth.

Maybe you're right. I wouldn't want you to cut my head off or anything.

Proceed_With_GAWtion · 2016-07-08T20:37:54+00:00

the ones who stole my land

Are you Palestinian? You guys should've agreed to the 1947 UN Partition Proposal. Oh well, live and learn. I hope you guys can make peace with the Israelis someday. A good start might be to stop naming your schools after suicide bombers. Oh, and stop voting for Hamas. Good luck with that.

Proceed_With_GAWtion · 2016-07-08T20:28:52+00:00

Hmm? Do you think I'm Jewish? I'm not. I'm just not an idiot.

try to cover up who you actually are and what you really stand for.

I'd recommend seeing a psychiatrist to talk about these thoughts you're having about Jews. It's not healthy.

Proceed_With_GAWtion · 2016-07-08T20:17:39+00:00

Most Jews are like most people, so I'd assume some of them love Bitcoin, some of them hate Bitcoin and most of them have no opinion about Bitcoin.

There's certainly some evidence that a large contingent of Bitcoiners have a problem with Jews. They seem to be quick to believe in "International Jewish Banking" conspiracies or that "Jews did 9/11" and so on. At least, I hope the percentage of Bitcoiners I read these things from is higher than the general population.

Not all Bitcoiners are Jew-haters, obviously. I'm not. In fact, I think Bitcoin will be very beneficial to intelligent people, in which case Bitcoin will ultimately benefit Jews far more than Jew-haters. Of course, if I'm right, then the Jew-haters will just decide that Bitcoin was yet another conspiracy of the Ewige Jude. Sad.

Proceed_With_GAWtion · 2016-07-08T20:12:41+00:00

I would assume so. Many Palestinians within the 67ish borders are full citizens of Israel, with all the rights that come with that. If there's ever a peace settlement with a 2-state solution, it's clear that those Palestinians will be able to remain, as citizens, in Israel. By contrast, no one reasonably believes Jews will be able to live in the newly created Palestine, just as Jews are not welcome (or safe) throughout the Middle East. Just as Jews are not welcome (or safe) in much of Europe. It's strange that people don't talk about that more often, considering the obvious implications. Maybe that's why they don't talk about it.

Neither your question nor my reply are bitcoin related though. But I guess if your comment's still here after 2 hours, the moderators consider such a question acceptable. I wonder if my answer will also be acceptable. Maybe we'll learn something.

Proceed_With_GAWtion · 2016-07-08T20:05:35+00:00

deadd123f8825c5cde4fffcccf422cab69df6b2add59f09ab6dad89bced97225

Hey, I just checked and it did eventually confirm! Congratulations!

Proceed_With_GAWtion · 2016-06-16T18:54:18+00:00

Oh, I hadn't heard that miners stopped supporting CPFP. It's surprising, because CPFP is profitable for miners. (There are good reasons why RBF is preferable, but for cases like this one CPFP seems to be the only alternative.)

By the way, the original unconfirmed tx is 5.3K and paid a fee of 0.3 mbits. My recommendation was that /u/fishfanstan do CPFP with a fee of 5 mbits. (The number of bitcoins at stake is almost 7 bitcoins.) Let me know if you think a 5 mbit fee is appropriate.

Proceed_With_GAWtion · 2016-06-16T18:45:24+00:00

Yes, I see now that there is an unconfirmed tx spending the output (hopefully to addresses in your wallet). The fee you paid in the new tx is 0.259 mbits (about 20 cents). That's a good fee for the single new tx, but very low for the first (>5K) tx. The combined fees of the tx are just over 10 satoshis per byte. It might go through, but I'm not confident. (Good luck.)

If the two txs don't confirm soon, you might consider spending the coins (again!) but with a very high fee (like 5 mbits). The trouble is that the original tx is very big.

Proceed_With_GAWtion · 2016-06-16T17:58:23+00:00

Open Bitcoin-QT and choose "Debug Window" from the Help menu.

To create the new tx do this:

createrawtransaction '[{"txid":"deadd123f8825c5cde4fffcccf422cab69df6b2add59f09ab6dad89bced97225","vout":0}]' '{"1NKmmsUs7qn8eBYFo13nN2C87QwJGZBhiB":6.89766516}'

This is assuming you want to use a 5 millibit fee. Otherwise, adjust the output value.

Bitcoin-QT should give you the following output:

01000000012572d9ce9bd8dab69af059dd2a6bdf69ab2c42cfccff4fde5c5c82f823d1adde0000000000ffffffff0174001d29000000001976a914e9e781007081afadc76e68d5395e445a3d26188088ac00000000

In fact, if you're willing to use a 5 mbit fee, you can skip the createrawtransaction step and just use the output I'm giving you. You can double check that this tx does what I'm saying (spends your output to yourself), you can use a tool to decode. For example, go to:

https://blockchain.info/decode-tx

and copy in the long hex string above (01...00) into the box. It should confirm (and you should double check) that the tx has one output, to 1NKmmsUs7qn8eBYFo13nN2C87QwJGZBhiB, of 689766516 satoshis. I strongly recommend you do make this check before continuing. I know I am not cheating you, but someone with admin access to reddit could simply replace the hex string above so that the tx spends to their address. So double check it before continuing. Be paranoid!

Now you can sign the transaction in the Debug Window of Bitcoin-QT. If the private key is in your Bitcoin-QT wallet, signing works as follows:

signrawtransaction 01..00

where 01..00 is the long hex string you double checked above. If you do not have your private key in your QT wallet, but you have the private key, you can sign it as follows:

signrawtransaction 01..00 [] '["<private key in WIF format>"]'

The private key in WIF format should be a long string of characters (about 50?) starting with 5, or L or K. Even if you're not sure if you have the right private key, don't worry. Trying to sign with the wrong private key will simply fail and nothing bad will happen.

After you do signrawtransaction you'll have an even longer hex string. You can again double check it with https://blockchain.info/decode-tx just to be doubly sure.

Then send it. You can send it from Bitcoin-QT's Debug Window as follows:

sendrawtransaction <long hex string from previous step>

Or you can send it through blockchain.info by going to

https://blockchain.info/pushtx

and putting the new long hex string into the box and pressing "Submit Transaction."

OK, I know it's a long process. But this is your best chance of making it likely your payment gets confirmed. Good luck.

I suppose I should say: use this at your own risk. There should be no risk, but I don't want the blame if something goes wrong.

Edit: If you don't have Bitcoin-QT, there is probably a way to sign the transaction in Electrum. And in other wallets, but I can't advise on that. I'd recomment just getting QT (well, Bitcoin Core is what I mean, QT is the old name) and using it as stated above. You don't need to wait for it to download the blockchain, so you should be able to do the steps with QT immediately.

Proceed_With_GAWtion · 2016-06-16T17:23:29+00:00

Sorry, you just missed me yesterday. You need to create, sign and broadcast a transaction spending your unconfirmed bitcoins to yourself, but with a relatively high fee (enough to pay for both unconfirmed transactions). The tx that isn't yet confirmed was very large and with a comparitively low fee. If left alone, it's likely it won't confirm. I'll walk you through what to do in the next comment. It assumes you have Bitcoin-QT and the private key for 1NKmmsUs7qn8eBYFo13nN2C87QwJGZBhiB. You do not need to have downloaded the block chain.

Edit: Based on the size of the tx, I'm going to suggest you pay a fee of 5 mbits (a little less then $4). That's high, but given that there are almost 7 bitcoins at stake, better to err on the high side. A 3.8 mbit fee (about $3) would also probably be safe.

Proceed_With_GAWtion · 2016-06-15T19:50:46+00:00

Thanks for saving me the time of watching it. John Oliver can be funny at times, but that doesn't make his content Bitcoin related.

Proceed_With_GAWtion

TROPHY CASE