Is there a way to build a wallet generator till you hit the jackpot ? - page 5.

Birdy

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Quote from: TippingPoint on November 06, 2013, 02:25:55 PM

Quote from: ?? on ??

The numbers involved are really really huge ...

I agree with you. Using uppercase and lowercase letters, along with numbers is a remarkably compact way of representing "really really huge" numbers.

I don't think you managed to grasp how huge those numbers are.

TippingPoint

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Quote from: ?? on ??

The numbers involved are really really huge ...

I agree with you. Using uppercase and lowercase letters, along with numbers is a remarkably compact way of representing "really really huge" numbers.

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: TippingPoint on November 06, 2013, 02:16:19 PM

For purposes of this promotion, do not search for full addresses. Search for the first 8 characters of each one on your list of dormant accounts. As you have demonstrated, humans require positive feedback.

*facepalm*

This is like trying to find a diamond with random digging with a shovel and then saying "For the purposes of this promotion, we will search for a normal rock instead".

TippingPoint

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Quote from: panck4beer on November 06, 2013, 02:13:19 PM

Quote from: wormbog on November 06, 2013, 02:08:49 PM

1. Gather a list of high-value bitcoin addresses. Or just use this one: http://bitcoinrichlist.com/top100

2. Dump them into a text file

3. Run vanitygen against the list of addresses: vanitygen -t "addresses.txt"

4. Wait billions of years

5. PROFIT!

I really tried find full Bitcoin address in vanitygen, but it showed no progress or even likelihood to find the Bitcoin address.

For purposes of this promotion, do not search for full addresses. Search for the first 8 characters of each one on your list of dormant accounts. As you have demonstrated, humans require positive feedback.

Waiting billions of years may be too discouraging.

panck4beer

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Quote from: wormbog on November 06, 2013, 02:08:49 PM

1. Gather a list of high-value bitcoin addresses. Or just use this one: http://bitcoinrichlist.com/top100

2. Dump them into a text file

3. Run vanitygen against the list of addresses: vanitygen -t "addresses.txt"

4. Wait billions of years

5. PROFIT!

I really tried find full Bitcoin address in vanitygen, but it showed no progress or even likelihood to find the Bitcoin address.

TippingPoint

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Activity: 905

Merit: 1000

Quote from: ?? on ??

Quote from: TippingPoint on November 06, 2013, 02:06:42 PM

Quote from: Birdy on November 06, 2013, 02:05:16 PM

Quote from: TippingPoint on November 06, 2013, 02:04:26 PM

Which is a better deal mathematically?

Buying lottery tickets for $1 each, with a $100 million prize
Having unlimited free chances to find a private key to a dormant Bitcoin account with millions of dollars in it

Did you even read our posts?
They are not free.

Yes. But I think you grossly overstated the cost of electricity.

No, the lotto ticket is by far the better option even with the minuscule amount of electricity needed for each wallet.

I appreciate your answer, but you have not provided any mathematical analysis.

TippingPoint

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Quote from: wormbog on November 06, 2013, 02:08:49 PM

1. Gather a list of high-value bitcoin addresses. Or just use this one: http://bitcoinrichlist.com/top100

2. Dump them into a text file

3. Run vanitygen against the list of addresses: vanitygen -t "addresses.txt"

4. Wait billions of years

5. PROFIT!

You left out

Package it with a GUI

Have it require that a wallet be installed

Have it provide tantalizing feedback (like a slot machine or lottery ticket)

wormbog

hero member

Activity: 561

Merit: 500

1. Gather a list of high-value bitcoin addresses. Or just use this one: http://bitcoinrichlist.com/top100

2. Dump them into a text file

3. Run vanitygen against the list of addresses: vanitygen -t "addresses.txt"

4. Wait billions of years

5. PROFIT!

TippingPoint

legendary

Activity: 905

Merit: 1000

Quote from: Birdy on November 06, 2013, 02:05:16 PM

Quote from: TippingPoint on November 06, 2013, 02:04:26 PM

Which is a better deal mathematically?

Buying lottery tickets for $1 each, with a $100 million prize
Having unlimited free chances to find a private key to a dormant Bitcoin account with millions of dollars in it

Did you even read our posts?
They are not free.

Yes. But I think he grossly overstated the cost of electricity. Don't you agree?

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: TippingPoint on November 06, 2013, 02:04:26 PM

Which is a better deal mathematically?

Buying lottery tickets for $1 each, with a $100 million prize
Having unlimited free chances to find a private key to a dormant Bitcoin account with millions of dollars in it

Did you even read our posts?
They are not free.

TippingPoint

legendary

Activity: 905

Merit: 1000

Which is a better deal mathematically?

Buying lottery tickets for $1 each, with a $100 million prize
Having unlimited free chances (maybe 1000 per second) to find a private key to a dormant Bitcoin account with millions of dollars in it

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: TippingPoint on November 06, 2013, 01:55:24 PM

I agree with you.

But for promotional and entertainment purposes ...

...are tons of ideas more suitable than "hey, you could empty a Bitcoin address" that sounds like Bitcoin addresses are insecure.

DeathAndTaxes

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Activity: 1218

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Gerald Davis

Quote from: TippingPoint on November 06, 2013, 01:55:24 PM

I agree with you.

But for promotional purposes ...

I can't think of a worse promotion then someone buying the hype running their jackpot generator for a month or two racking up $100 in electrical cost only to find out they have been duped and they didn't even have a quadrillionth of a percent chance of making a cent.

"Bitcoin is a scam you will never win anything".
"My son downloaded that Bitcoin thing and ran up $500 in electrical bills. We can't afford this".
"Everyone is paying a lot so someone must be getting rich off this free lottery anyone have any ideas".
"Bitcoin destroyed my computer".

TippingPoint

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I agree with you.

But for promotional and entertainment purposes ...

DeathAndTaxes

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Gerald Davis

Quote from: TippingPoint on November 06, 2013, 01:17:09 PM

Quote from: DeathAndTaxes on November 06, 2013, 01:07:23 PM

Quote from: TippingPoint on November 06, 2013, 01:04:52 PM

Regardless of the odds, they are a noticeable improvement over zero. And spinning the wheel is free, at many times per second.

No they aren't. It is like trying to get to another star and your progress is 0% so you decide to jump. You get too feet off the ground and call that a noticeable improvement over zero.

No. It is not like that.

You decide to jump, hundreds or thousands of times per second. Most times you only move 0.01 inch, and occasionally you jump 46 feet, and occasionally someone posts documentation in a forum that they jumped 273 miles.

The number of encouraging results increases over time. And "players" would get closer to a match. And the value of the Bitcoins keeps increasing.

We would have a much harder time promoting something with a zero chance. Unless we were a religion, offering "eternal life".

Your computer would be burning electricity. Do you CPU solomine Bitcoins? That would be more cost effective. You could make all kind of "fun" stats on how close to solving a block you got. In the end it would just mean wasting an asinine amount of energy that has a ~0% chance of every providing a benefit.

TippingPoint

legendary

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Owners of addresses with a very large amount of Bitcoins in them, that have been dormant for years, should consider immediately moving them to multiple addresses with smaller balances in them. This will demonstrate that the accounts are not dormant.

Unless they are confident that the chances of someone obtaining the private key are "zero". You know, like jumping to another star.

bitpop

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There goes someone's stash

TippingPoint

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Quote from: Birdy on November 06, 2013, 01:30:33 PM

Quote from: TippingPoint on November 06, 2013, 01:29:41 PM

We should not promote stealing. It should only target abandoned addresses.

So, how do you know if an address is abandoned?

That is an excellent question. Some people may be comfortable waiting 100 years before trying. Just to be sure.

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: TippingPoint on November 06, 2013, 01:29:41 PM

We should not promote stealing. It should only target abandoned addresses.

So, how do you know if an address is abandoned?

TippingPoint

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Activity: 905

Merit: 1000

We should not promote stealing. It should only target abandoned addresses.

Plus, it can't be stealing if they don't get an exact match. And we have already stipulated that the chances are very, very, very small.

Topic: Is there a way to build a wallet generator till you hit the jackpot ? - page 5. (Read 9658 times)