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Topic: update 09/12. chungenhung deposits, 0BTC available, 4% for 30 days - page 6. (Read 11816 times)

legendary
Activity: 1134
Merit: 1005
still need 300BTC.
legendary
Activity: 1134
Merit: 1005
Massive price drop. Need more coins
legendary
Activity: 1134
Merit: 1005
added more reps to OP
legendary
Activity: 1134
Merit: 1005
there are still room for some more.
legendary
Activity: 1134
Merit: 1005
Totally agree that bitcoin is too complex for the lame people in its current form.

Yes, PGP might be able to prove you are really who you say you are. BUT, someone can also point a gun at you, and tell you to lie, or steal your PGP key. Thus, PGP is useless in that scenario.
Heatware.com provides a rating system. If you think someone else is simply pointing to another people's account, you can always ask them to send you message from his heatware account.
But, once again, someone can also point a gun at me and force me to lie.

So if you are that picky, no system is safe.


Sure, extreme cases always break anything. Rubber-hose cryptography and the like. But the point of this shit is to raise the bar for scammers and have fewer people to trust, and GPG does a good job at that.
Totally agree with you.
For me right now, I am not feeling the need to get on bitcoin-otc.
donator
Activity: 266
Merit: 252
I'm actually a pineapple
Totally agree that bitcoin is too complex for the lame people in its current form.

Yes, PGP might be able to prove you are really who you say you are. BUT, someone can also point a gun at you, and tell you to lie, or steal your PGP key. Thus, PGP is useless in that scenario.
Heatware.com provides a rating system. If you think someone else is simply pointing to another people's account, you can always ask them to send you message from his heatware account.
But, once again, someone can also point a gun at me and force me to lie.

So if you are that picky, no system is safe.


Sure, extreme cases always break anything. Rubber-hose cryptography and the like. But the point of this shit is to raise the bar for scammers and have fewer people to trust, and GPG does a good job at that.
legendary
Activity: 1134
Merit: 1005
Totally agree that bitcoin is too complex for the lame people in its current form.

Yes, PGP might be able to prove you are really who you say you are. BUT, someone can also point a gun at you, and tell you to lie, or steal your PGP key. Thus, PGP is useless in that scenario.
Heatware.com provides a rating system. If you think someone else is simply pointing to another people's account, you can always ask them to send you message from his heatware account.
But, once again, someone can also point a gun at me and force me to lie.

So if you are that picky, no system is safe.
donator
Activity: 266
Merit: 252
I'm actually a pineapple
So far, 1671 people have manage to sign up for the rating system on #bitcoin-otc. Looks like it's doable.

Quote
I have no problem learning how to use it, but would others do too is the question.

That sounds kind of arrogant. So you're saying YOU could do it, but others are too stupid, so why even bother? Good luck finding customers with that attitude.
No, that's not what I said.
My opinion is that the system is just way too complex for a simple rating system.
I can bet you, out of every 1000 people you ask randomly, nobody even know what the heck is gpg identity.
You also proved it yourself. "so far, 1671 people have manage to sign up". WOW, a full 1671 people out of a global internet user base of billions.
Like I said, nothing is wrong with the system, I am just saying it is too complex for 99.99% of the population.

Uh, we're comparing it against the bitcoin population, not the global internet one. A lot more than 1671 people actually use GPG in the broader tech world. 1671 is bitcoin-otc users, which considering that the IRC channel only contains around 300 people at any given time, isn't all that bad.

The reason for gpg is simply to be able to verify that you are indeed who you say you are. There are other ways of doing this, but they usually involve a trusted third party to broker the transaction so that you can associate the counterparty in your transaction to their reputation. On IRC, if some dude pops up claiming to be copumpkin and pointing at his (my) WOT reputation online, it could easily just be some web IRC user who browsed the WOT listing and picked someone with decent ratings. They could then proceed to scam people under my name, thereby not only scamming the users but destroying my reputation. We therefore require people to prove, using GPG, that they are indeed who they say they are. Unfortunately, this scheme still currently revolves around a trusted third party (nanotube and his bot gribble), but the system doesn't need to, in theory. I'd posit that a decentralized cryptographic system like GPG is the "natural" way to add optional identity and reputation to a decentralized and anonymous currency like bitcoin. And as another poster has already pointed out, all your arguments against GPG could easily be thrown at bitcoin too.
legendary
Activity: 2058
Merit: 1434
So far, 1671 people have manage to sign up for the rating system on #bitcoin-otc. Looks like it's doable.

Quote
I have no problem learning how to use it, but would others do too is the question.

That sounds kind of arrogant. So you're saying YOU could do it, but others are too stupid, so why even bother? Good luck finding customers with that attitude.
No, that's not what I said.
My opinion is that the system is just way too complex for a simple rating system.
I can bet you, out of every 1000 people you ask randomly, nobody even know what the heck is gpg identity.
You also proved it yourself. "so far, 1671 people have manage to sign up". WOW, a full 1671 people out of a global internet user base of billions.
Like I said, nothing is wrong with the system, I am just saying it is too complex for 99.99% of the population.

My opinion is that bitcoin is just way too complex for a simple currency system.
I can bet you, out of every 1000 people you ask randomly, nobody even know what the heck is bitcoin.
You also proved it yourself. "so far, 1671 people have manage to sign up". WOW, a full 1671 people out of a global internet user base of billions.
Like I said, nothing is wrong with the system, I am just saying bitcoin is too complex for 99.99% of the population.
legendary
Activity: 1134
Merit: 1005
So far, 1671 people have manage to sign up for the rating system on #bitcoin-otc. Looks like it's doable.

Quote
I have no problem learning how to use it, but would others do too is the question.

That sounds kind of arrogant. So you're saying YOU could do it, but others are too stupid, so why even bother? Good luck finding customers with that attitude.
No, that's not what I said.
My opinion is that the system is just way too complex for a simple rating system.
I can bet you, out of every 1000 people you ask randomly, nobody even know what the heck is gpg identity.
You also proved it yourself. "so far, 1671 people have manage to sign up". WOW, a full 1671 people out of a global internet user base of billions.
Like I said, nothing is wrong with the system, I am just saying it is too complex for 99.99% of the population.
sr. member
Activity: 364
Merit: 250
To be honest, that otc rating system is too complicated for 99.99% of the people. To be honest, I'm just too lazy to follow the step by step guide.

Smiley Smiley
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
To be honest, that otc rating system is too complicated for 99.99% of the people. To be honest, I'm just too lazy to follow the step by step guide.
hero member
Activity: 492
Merit: 500
So far, 1671 people have manage to sign up for the rating system on #bitcoin-otc. Looks like it's doable.

Quote
I have no problem learning how to use it, but would others do too is the question.

That sounds kind of arrogant. So you're saying YOU could do it, but others are too stupid, so why even bother? Good luck finding customers with that attitude.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
That, and the other person would also need to learn.
I have no problem learning how to use it, but would others do too is the question.
For now, I like heatware.com

If you look at my rating link you will see that I have dealt with over 70 other ppl in transactions on the -otc. Many of them being first timers and just getting their gpg identity setup.
legendary
Activity: 1134
Merit: 1005
why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
That, and the other person would also need to learn.
I have no problem learning how to use it, but would others do too is the question.
For now, I like heatware.com
vip
Activity: 1358
Merit: 1000
AKA: gigavps
why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
legendary
Activity: 1134
Merit: 1005
why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.
sr. member
Activity: 364
Merit: 250
sr. member
Activity: 476
Merit: 250
why not put this on GLBSE and pay dividends?

I think this is the best idea for this amount of money.
hero member
Activity: 492
Merit: 500
1. He has rep.  If you don't think it's enough, you don't have to lend to him.  That's how it is for everything.

Where exactly? Can you provide a #bitcoin-otc rating?
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