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Topic: The "Vladimir Club" - page 5. (Read 20391 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 22, 2013, 02:29:50 AM
#31
1% of 1%
What is this the NewBit World Order?

...or do they get 80%+ for 1% of the people?   Shocked
donator
Activity: 2772
Merit: 1019
March 22, 2013, 02:21:53 AM
#30
How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

surely can't be more than 10000.

Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.



I'm guessing it's around 300 people in that club max. Tendency: decreasing.
legendary
Activity: 1176
Merit: 1010
Borsche
February 28, 2013, 03:04:57 PM
#29
Nah, by the time quantum computers of needed complexity appear on the horizon encryption would be adjusted and coins in circulation would be easily protected. However, i don't know what happens to old (lost) coins? If they would still be retrievable, just imagine what a nice ever-growing bounty bitcoin would become, for the good of all mankind!
legendary
Activity: 826
Merit: 1001
rippleFanatic
February 28, 2013, 12:29:17 AM
#28
protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Owner of such computer would give a shit about wether the keys are lost or not... he'd just go search for the privkeys of the highest-valued addresses regardless of wether or not someone else already knows that key.

Right, the highest-valued addresses which have already spent coins (revealed their pubkeys).
donator
Activity: 2772
Merit: 1019
February 28, 2013, 12:25:23 AM
#27
protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Owner of such computer would give a shit about wether the keys are lost or not... he'd just go search for the privkeys of the highest-valued addresses regardless of wether or not someone else already knows that key.

legendary
Activity: 826
Merit: 1001
rippleFanatic
February 28, 2013, 12:20:53 AM
#26
Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?

protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Assuming QC "suddenly" appears, and ECDSA is instantaneously crackable using Shor's algorithm, and SHA256/RIPEMD160 become vulnerable to Grover's algorithm:
  • Every unspent coin, sent to an address whose pubkey is not yet revealed, is somewhat safe (80 bit security left, instead of 160 bit)
  • The block chain is quite safe (128 bit security left, instead of 256 bit)
  • Transactions to new quantum-computing-based addresses with corresponding keys, are safe
  • ... only unspent coins sent to reused addresses will be trivially claimable by any attacker (a few bits of security left, instead of 128 bit)
legendary
Activity: 1498
Merit: 1000
February 28, 2013, 12:13:46 AM
#25
I know someone with 5 times that amount and he haven't ever posted here.
So, 10,000 coins? Nice! What price did he buy at?

If he has 10,000 invite him to the forums, he could be helping build the community, but something tells me this is kinda like, I know a guy, who knows a guy, who was in prison with a guy, who was married to a guy's sister LMAO
legendary
Activity: 1176
Merit: 1010
Borsche
February 28, 2013, 12:10:51 AM
#24
Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?

Now please describe in detail how you envision proof of something being irreversibly lost?
foo
sr. member
Activity: 409
Merit: 250
February 28, 2013, 12:08:38 AM
#23
I know someone with 5 times that amount and he haven't ever posted here.
So, 10,000 coins? Nice! What price did he buy at?
legendary
Activity: 1611
Merit: 1001
February 27, 2013, 06:04:58 PM
#22
Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?
legendary
Activity: 1176
Merit: 1010
Borsche
February 27, 2013, 03:58:21 PM
#21
Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley
newbie
Activity: 56
Merit: 0
February 27, 2013, 02:34:56 PM
#20
Plot twist: Most of those addresses are part of one wallet.dat file.
donator
Activity: 1722
Merit: 1036
February 27, 2013, 02:28:27 PM
#19
How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided
full member
Activity: 144
Merit: 101
February 27, 2013, 02:24:12 PM
#18
I don't think anyone is going to respond here saying "I'm in the club," especially since Bitcoiners value their privacy so much.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
February 27, 2013, 01:54:38 PM
#17
I would like to get there. It is harder for people at this point than it was for others already there.
hero member
Activity: 661
Merit: 500
February 27, 2013, 01:38:20 PM
#16
i think that guy who runs memorydealers and bitcoinstore is in the list. and the mtgox guy.

Im pretty sure memorydealer's coins are mixed up with my coins from bitcoinica unless he had a lot more before that.  I feel pretty bad for him, I believe he lost thousands of coins compared to my couple hundred.  I'd take those coins back any day now....
sr. member
Activity: 504
Merit: 250
February 27, 2013, 11:54:57 AM
#15
I know someone with 5 times that amount and he haven't ever posted here.
sr. member
Activity: 354
Merit: 250
February 27, 2013, 11:31:09 AM
#14
Can there be a club if you have over 210?

I don't know if the str4wm4n club (or would that be strawman club?) would sound quite as cool. Although seeing as how it's a bit less exclusive maybe that's OK.
member
Activity: 115
Merit: 10
February 27, 2013, 09:39:18 AM
#13
[deleted]
b!z
legendary
Activity: 1582
Merit: 1010
February 27, 2013, 09:32:13 AM
#12
How come Vladimir isn't in the Vladimir club?
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