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Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 53. (Read 316442 times)

kgo
hero member
Activity: 548
Merit: 500
Quote from: MPOE-PR
...

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.



Yes! Lets have all our stock exchanges unilaterally extort shareholders to force them to pursue arbitrary political agendas.  Especially in cases where the shareholders have no voting rights, can't compel the corporation to do anything, and the stock price in no way affects the corporation's daily operations.  What could possibly go wrong?
legendary
Activity: 1064
Merit: 1001
I think you are addressing the wrong people here. Asking greedy arrogant people to not be greedy and arrogant just for a moment, is like asking an addicted to pause being addicted.

Of course, I understand that this was a long shot but it couldn't hurt to ask. You never know.
full member
Activity: 222
Merit: 100
Quote from: MPOE-PR
...

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.

If nothing is done about SD transaction spam (economically unspendable outputs which can't be pruned), transaction fees will be driven higher and every miner will bear the cost of forever storing these unprunable tx in their copies of the blockchain. In the long run, increased fees are not a problem but at the early stage we are in, it could dampen Bitcoin adoption or possibly kill it.


I think you are addressing the wrong people here. Asking greedy arrogant people to not be greedy and arrogant just for a moment, is like asking an addicted to pause being addicted.
Maybe you (or those who care about the development of the network) should increase pressure on the miners, since they are the ones, who decide (or "vote with their hash") which course the blockchain will take. If you convince the majority of the network, that it is in their favor to exclude Satoshi-Dust.com addresses ("temporarilly") from the Blockchain, they will block them.
Think of it as the first intervention or shaping of Bitcoinland by its demohashcracy. I know the ultra libertarians will spit in rage now. But take a look at the RealLifeWorld to see what happens, if you allow "total freedom" for a small part of society: a small unproductive and highly egoistic part of it will fuck the rest, ignoring everything else.
It is crazy, that satoshi dust is presenting itself as a gain for bitcoin. Instead they are only taking advantage of a weakness (gambling) of some people and produce NOTHING. Like RealLifeWorld's finance sector Wink

Don't get me wrong. Anyone should have the freedom to gamble. But the fun of freedom is over, when the system that allows that freedom, is in "danger" Tongue
 
“Freedom is the power to choose our own chains”
― Jean-Jacques Rousseau


hero member
Activity: 756
Merit: 522
Quote
The crash comes just months after a computer meltdown that left millions of customers unable to withdraw cash.

People claimed that they had been left stranded, hungry and embarrassed as they were unable to access their own money and had their cards declined.

Stephen Hester, the chief executive of RBS, which is 80% state-owned, was forced to apologise last June after millions of customers were left unable to view an up-to-date balance, move money or pay bills for days after a software update.

Source.
hero member
Activity: 532
Merit: 500
Does anyone know where I can find the most recent update on this situation?

Was MPEX.co really hacked (I read somewhere that it was redirecting to whitehouse.gov), or is it just a prolonged DDOS attack?

Most recent information you'll find on here is at the link below:

https://bitcointalksearch.org/topic/m.1598165
donator
Activity: 294
Merit: 250
Does anyone know where I can find the most recent update on this situation?

Was MPEX.co really hacked (I read somewhere that it was redirecting to whitehouse.gov), or is it just a prolonged DDOS attack?
full member
Activity: 154
Merit: 100
Quote from: MPOE-PR
...

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.

If nothing is done about SD transaction spam (economically unspendable outputs which can't be pruned), transaction fees will be driven higher and every miner will bear the cost of forever storing these unprunable tx in their copies of the blockchain. In the long run, increased fees are not a problem but at the early stage we are in, it could dampen Bitcoin adoption or possibly kill it.


But then the miners won't get all those juicy SD fees. Think of the miners, they have starving children in need of bread and water. Don't you love children you cold bastard?
legendary
Activity: 1064
Merit: 1001
Quote from: MPOE-PR
...

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.

If nothing is done about SD transaction spam (economically unspendable outputs which can't be pruned), transaction fees will be driven higher and every miner will bear the cost of forever storing these unprunable tx in their copies of the blockchain. In the long run, increased fees are not a problem but at the early stage we are in, it could dampen Bitcoin adoption or possibly kill it.
hero member
Activity: 574
Merit: 500
Well looks like MPEX is out for quiet awhile. All proxies are down, CoinBR is down also.

S.DICE will probably go below the IPO price.
 

Why does the exchange being temporarily offline affect the share price of satoshidice? It does not affect the amount of dividend next month at all. (And I sure hope MPEx will be back up and running before the end of the month!)

You could check the pass-throughs on BTCT and BitFunder, the price seems pretty stable at the moment.

I dont think mpex is up at all.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Well looks like MPEX is out for quiet awhile. All proxies are down, CoinBR is down also.

S.DICE will probably go below the IPO price.
 

Why does the exchange being temporarily offline affect the share price of satoshidice? It does not affect the amount of dividend next month at all. (And I sure hope MPEx will be back up and running before the end of the month!)

You could check the pass-throughs on BTCT and BitFunder, the price seems pretty stable at the moment.
hero member
Activity: 574
Merit: 500
Well looks like MPEX is out for quiet awhile. All proxies are down, CoinBR is down also.

S.DICE will probably go below the IPO price.
 
legendary
Activity: 1316
Merit: 1005
Redirecting DDoS traffic to a government site is poetry.

They hit it too, for maybe half a minute. It was just about to turn into a lot more than poetry, but someone somehow had the idea of checking (probably looking to see if it domain answers - and it did). To quote,

Quote
Mar 07 00:35:37    is that going to redirect the ddos to wh?
Mar 07 00:35:41    no right?
Mar 07 00:35:52    i imagine yes.
Mar 07 00:36:01    mpex.co -> http://www.whitehouse.gov LMAO
Mar 07 00:36:22    i figure i got a 1% shot of making us national news.
Mar 07 00:36:26    heh
Mar 07 00:36:36    its a very clever idea
Mar 07 00:36:43    lol, that actually worked.
Mar 07 00:37:03    WE GET SIGNAL

Please tell me this full-of-win practice is going to be standard operating procedure from now on.
hero member
Activity: 756
Merit: 522
Take this as a sort of security drill: MPEx is untouchable.
uh huh...  whatever you say, kid.

Redirecting DDoS traffic to a government site is poetry.

They hit it too, for maybe half a minute. It was just about to turn into a lot more than poetry, but someone somehow had the idea of checking (probably looking to see if it domain answers - and it did). To quote,

Must have pissed off Anonymous somehow.  Everyone knows that they are responsible for all hacks.

HACK THE PLANET

Its more likely to be Something Awful who hacked it. Because MP was an idiot and challenged them.


Wait, so a DDOS attack is a "hack" now?

Please go to http://mpex.coinbr.com, a web proxy to the MPEx backend, and tell me if it's been "hacked".
It's like someone DDoSING NYSE's website and then claiming they shut down the exchange.



I must say this thread's been pretty entertaining so far.

Redirect or DNS change? I don't think dos-bots follow redirects.

It was dns change. This was a real ddos, it took out routing infrastructure not cpus. Consequently a "redirect" would have never gotten talked to in the first place.

Yeah, unless the DDoS consisted of an iframe and a timer it didn't really serve any purpose other than the lol factor. I'm surprised how MPOE prices haven't being affected much, but that's pretty offtopic so I'll stop here Smiley

The attack consisted of more bw than the aggregate consumption of all Bitcoin services for a month, except dished out during a day. Notably, it wasn't nearly as large as the January one (which you haven't heard about - also notably) but it was a lot more intelligently deployed. By the time the WH dns change came about the attacker and the techs had been playing cat-and-mouse for hours already. In non-tech terms it was a game of flip the potato here's suddenly a hand grenade.

30btc makes sense when it was $5

MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE?

how many times NYSE was DDoS or deface ?

Roughly speaking five hundred times so far.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
30btc makes sense when it was $5

MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE?

*YAWN*
sr. member
Activity: 476
Merit: 250
30btc makes sense when it was $5

MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE?

how many times NYSE was DDoS or deface ?
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
30btc makes sense when it was $5

MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
30btc makes sense when it was $5
hero member
Activity: 490
Merit: 500
... it only gets better...
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Just people dealing with the problems of liquidity in this market... 30 BTC hit Sad

I'm going to wait another 30 days before I decide how I feel about it though Smiley

Actually it can be 24 23, see my signature...

Edit: I lowered to 23BTC

I thought he was referring to the price of 30 USD per bitcoin being hit, not that it takes a 30 btc hit to use the exchange, now I am not sure which he was referring to?
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