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Topic: Flashcrash this month - page 5. (Read 8228 times)

legendary
Activity: 1414
Merit: 1000
June 13, 2013, 03:44:38 PM
#46

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Edit4: I'm no longer a ninja Sad. :-)

Not edited at all

Strange, I see it on your post above.

+1 :-) You are one of thousand.
legendary
Activity: 1904
Merit: 1002
June 13, 2013, 03:34:16 PM
#45

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Not edited at all

Strange, I see it on your post above.
legendary
Activity: 1414
Merit: 1000
June 13, 2013, 03:32:17 PM
#44

WTF 3

Edit: Not Edited

Edit2: Not edited Well, shoot, it used to.

Edit3: Again not edited.

Edit4: I'm no longer a ninja Sad. :-)

Not edited at all
legendary
Activity: 1904
Merit: 1002
June 13, 2013, 03:21:59 PM
#43
With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

If I'll read this thread next year then I will not know if you edited your post or not. But you cannot edit block chain.

Posts show last edit if you hover over the time... I'll edit this one.

Edit: Edited

Edit2: Well, shoot, it used to.

Edit3: I still see it on other posts, maybe it just doesn't show on your own posts.

Edit4: I'm no longer a ninja Sad.
legendary
Activity: 1414
Merit: 1000
June 13, 2013, 03:20:04 PM
#42
[NOT EDITED] With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

[NOT EDITED] If I'll read this thread next year then I will not know if you edited your post or not. But you cannot edit block chain.
legendary
Activity: 1904
Merit: 1002
June 13, 2013, 03:17:27 PM
#41
With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.

If you trust the admins here, posting the hash is easy enough.  Putting it in the blockchain is complicated, but it allows for a trustless timestamp.
full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
June 13, 2013, 03:12:04 PM
#40
With a password-protected file that is dl before an event is supposed to happen does not really need a timestamp.
legendary
Activity: 1414
Merit: 1000
June 13, 2013, 03:08:54 PM
#39

So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...

1. sha-256("So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...") = e48015191601f6621a7ca18f6eefa90c583b9faad3c6d009eef7fd80d39efc6c

2. ripemd-160("e48015191601f6621a7ca18f6eefa90c583b9faad3c6d009eef7fd80d39efc6c") = c439421c3b5c5c695f9d2b5d942748a65960609f

3. bitcoinAddress("c439421c3b5c5c695f9d2b5d942748a65960609f") =     1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr

4. sent 1 Satoshi to address  "1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr" and this will appear in block chain (for ever) => you CAN PROVE (timestamp) when this satoshi was sent.

[edit]
5. address("1JtY2yLHmG2yVGhWafVZSup9UJQnYyHNsr") = public-key("So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...")   => you proved message, it is you who know public-key => you now message
legendary
Activity: 1904
Merit: 1002
June 13, 2013, 03:05:14 PM
#38
It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO Wink

That is a really interesting use of the Blockchain. It is like mailing a letter to yourself, but a bit more secure.  Cheesy

I'm naive here. Once the hash is on the blockchain, how do you unlock and share it? Or?

A hash is a different thing entirely from encryption.  A hash takes data and scrambles it.  It will always scramble the same data the same way, but there is no way to recover the data from the hash.  By publishing the hash you establish that at the time of publication you had access to the data.  When you later reveal the data, the hash can be verified.

So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...

The message can be used to verify the hash, but the message can not be recovered from the hash.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
June 13, 2013, 03:02:46 PM
#37
It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO Wink

That is a really interesting use of the Blockchain. It is like mailing a letter to yourself, but a bit more secure.  Cheesy

I'm naive here. Once the hash is on the blockchain, how do you unlock and share it? Or?

A hash is a different thing entirely from encryption.  A hash takes data and scrambles it.  It will always scramble the same data the same way, but there is no way to recover the data from the hash.  By publishing the hash you establish that at the time of publication you had access to the data.  When you later reveal the data, the hash can be verified.

So a hash is used to prove the timing of the message, and it is not the message itself?  Just want to be clear on this methodology so that noobs can better put it into practice...
hero member
Activity: 964
Merit: 509
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
legendary
Activity: 1904
Merit: 1002
June 13, 2013, 02:43:16 PM
#34
It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO Wink

That is a really interesting use of the Blockchain. It is like mailing a letter to yourself, but a bit more secure.  Cheesy

I'm naive here. Once the hash is on the blockchain, how do you unlock and share it? Or?

A hash is a different thing entirely from encryption.  A hash takes data and scrambles it.  It will always scramble the same data the same way, but there is no way to recover the data from the hash.  By publishing the hash you establish that at the time of publication you had access to the data.  When you later reveal the data, the hash can be verified.
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
June 13, 2013, 02:17:04 PM
#33
hero member
Activity: 520
Merit: 500
June 13, 2013, 02:04:18 PM
#32
If you are so sure of this prediction, you should write it down in a textfile, then compress it with a nice and long sting as password. You then post a link to the compressed file here, and give the password after "the event".

+1. That ought to be the standard practice on this forum anytime someone comes in claiming to know some huge news but "can't reveal it until afterwards."
legendary
Activity: 1442
Merit: 1000
Antifragile
June 13, 2013, 01:31:21 PM
#31
It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO Wink

That is a really interesting use of the Blockchain. It is like mailing a letter to yourself, but a bit more secure.  Cheesy

I'm naive here. Once the hash is on the blockchain, how do you unlock and share it? Or?
hero member
Activity: 482
Merit: 502
June 13, 2013, 01:21:07 PM
#30
It's easy to prove you were right if something happens tomorrow without revealing so called "insider information" today. Create a document describing what's going to happen, and upload the hash to blockchain. This way we can verify that cause of the crash was known to you before. Otherwise... you know. GTFO Wink
full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
June 13, 2013, 01:15:04 PM
#29
If you are so sure of this prediction, you should write it down in a textfile, then compress it with a nice and long sting as password. You then post a link to the compressed file here, and give the password after "the event".
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 13, 2013, 01:13:43 PM
#28
If it's in references to this thread:
https://bitcointalksearch.org/topic/m.2455940

There is nothing to worry about. The virtual currencies used for crimes are plethora and capitalized in hundreds of billions. That problem predates Bitcoin by decades and will continue to avoid Bitcoin as it is far more traceable than offshore virtual banks.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 13, 2013, 12:48:13 PM
#27
Regulation only affects acquiring bitcoins. The fundamentals do not change. Speculators have already taken this into account.

And this is why I'm a noob. I have no idea how that relates to my prediction.  Shocked
Your "Account Verification" hint infers regulation of some sort. I doubt you have any information that hasn't been considered and extensively discussed on this forum.
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