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Proposal: The Sia Foundation

Vision Statement

A common sentiment is brewing online; a shared desire for the internet that might have been. After decades of corporate encroachment, you don't need to be a power user to realize that something has gone very wrong.
In the early days of the internet, the future was bright. In that future, when you sent an instant message, it traveled directly to the recipient. When you needed to pay a friend, you announced a transfer of value to their public key. When an app was missing a feature you wanted, you opened up the source code and implemented it. When you took a picture on your phone, it was immediately encrypted and backed up to storage that you controlled. In that future, people would laugh at the idea of having to authenticate themselves to some corporation before doing these things.
What did we get instead? Rather than a network of human-sized communities, we have a handful of enormous commons, each controlled by a faceless corporate entity. Hey user, want to send a message? You can, but we'll store a copy of it indefinitely, unencrypted, for our preference-learning algorithms to pore over; how else could we slap targeted ads on every piece of content you see? Want to pay a friend? You can—in our Monopoly money. Want a new feature? Submit a request to our Support Center and we'll totally maybe think about it. Want to backup a photo? You can—inside our walled garden, which only we (and the NSA, of course) can access. Just be careful what you share, because merely locking you out of your account and deleting all your data is far from the worst thing we could do.
You rationalize this: "MEGACORP would never do such a thing; it would be bad for business." But we all know, at some level, that this state of affairs, this inversion of power, is not merely "unfortunate" or "suboptimal" – No. It is degrading. Even if MEGACORP were purely benevolent, it is degrading that we must ask its permission to talk to our friends; that we must rely on it to safeguard our treasured memories; that our digital lives are completely beholden to those who seek only to extract value from us.
At the root of this issue is the centralization of data. MEGACORP can surveil you—because your emails and video chats flow through their servers. And MEGACORP can control you—because they hold your data hostage. But centralization is a solution to a technical problem: How can we make the user's data accessible from anywhere in the world, on any device? For a long time, no alternative solution to this problem was forthcoming.
Today, thanks to a confluence of established techniques and recent innovations, we have solved the accessibility problem without resorting to centralization. Hashing, encryption, and erasure encoding got us most of the way, but one barrier remained: incentives. How do you incentivize an anonymous stranger to store your data? Earlier protocols like BitTorrent worked around this limitation by relying on altruism, tit-for-tat requirements, or "points" – in other words, nothing you could pay your electric bill with. Finally, in 2009, a solution appeared: Bitcoin. Not long after, Sia was born.
Cryptography has unleashed the latent power of the internet by enabling interactions between mutually-distrustful parties. Sia harnesses this power to turn the cloud storage market into a proper marketplace, where buyers and sellers can transact directly, with no intermediaries, anywhere in the world. No more silos or walled gardens: your data is encrypted, so it can't be spied on, and it's stored on many servers, so no single entity can hold it hostage. Thanks to projects like Sia, the internet is being re-decentralized.
Sia began its life as a startup, which means it has always been subjected to two competing forces: the ideals of its founders, and the profit motive inherent to all businesses. Its founders have taken great pains to never compromise on the former, but this often threatened the company's financial viability. With the establishment of the Sia Foundation, this tension is resolved. The Foundation, freed of the obligation to generate profit, is a pure embodiment of the ideals from which Sia originally sprung.
The goals and responsibilities of the Foundation are numerous: to maintain core Sia protocols and consensus code; to support developers building on top of Sia and its protocols; to promote Sia and facilitate partnerships in other spheres and communities; to ensure that users can easily acquire and safely store siacoins; to develop network scalability solutions; to implement hardforks and lead the community through them; and much more. In a broader sense, its mission is to commoditize data storage, making it cheap, ubiquitous, and accessible to all, without compromising privacy or performance.
Sia is a perfect example of how we can achieve better living through cryptography. We now begin a new chapter in Sia's history. May our stewardship lead it into a bright future.
 

Overview

Today, we are proposing the creation of the Sia Foundation: a new non-profit entity that builds and supports distributed cloud storage infrastructure, with a specific focus on the Sia storage platform. What follows is an informal overview of the Sia Foundation, covering two major topics: how the Foundation will be funded, and what its funds will be used for.

Organizational Structure

The Sia Foundation will be structured as a non-profit entity incorporated in the United States, likely a 501(c)(3) organization or similar. The actions of the Foundation will be constrained by its charter, which formalizes the specific obligations and overall mission outlined in this document. The charter will be updated on an annual basis to reflect the current goals of the Sia community.
The organization will be operated by a board of directors, initially comprising Luke Champine as President and Eddie Wang as Chairman. Luke Champine will be leaving his position at Nebulous to work at the Foundation full-time, and will seek to divest his shares of Nebulous stock along with other potential conflicts of interest. Neither Luke nor Eddie personally own any siafunds or significant quantities of siacoin.

Funding

The primary source of funding for the Foundation will come from a new block subsidy. Following a hardfork, 30 KS per block will be allocated to the "Foundation Fund," continuing in perpetuity. The existing 30 KS per block miner reward is not affected. Additionally, one year's worth of block subsidies (approximately 1.57 GS) will be allocated to the Fund immediately upon activation of the hardfork.
As detailed below, the Foundation will provably burn any coins that it cannot meaningfully spend. As such, the 30 KS subsidy should be viewed as a maximum. This allows the Foundation to grow alongside Sia without requiring additional hardforks.
The Foundation will not be funded to any degree by the possession or sale of siafunds. Siafunds were originally introduced as a means of incentivizing growth, and we still believe in their effectiveness: a siafund holder wants to increase the amount of storage on Sia as much as possible. While the Foundation obviously wants Sia to succeed, its driving force should be its charter. Deriving significant revenue from siafunds would jeopardize the Foundation's impartiality and focus. Ultimately, we want the Foundation to act in the best interests of Sia, not in growing its own budget.

Responsibilities

The Foundation inherits a great number of responsibilities from Nebulous. Each quarter, the Foundation will publish the progress it has made over the past quarter, and list the responsibilities it intends to prioritize over the coming quarter. This will be accompanied by a financial report, detailing each area of expenditure over the past quarter, and forecasting expenditures for the coming quarter. Below, we summarize some of the myriad responsibilities towards which the Foundation is expected to allocate its resources.

Maintain and enhance core Sia software

Arguably, this is the most important responsibility of the Foundation. At the heart of Sia is its consensus algorithm: regardless of other differences, all Sia software must agree upon the content and rules of the blockchain. It is therefore crucial that the algorithm be stewarded by an entity that is accountable to the community, transparent in its decision-making, and has no profit motive or other conflicts of interest.
Accordingly, Sia’s consensus functionality will no longer be directly maintained by Nebulous. Instead, the Foundation will release and maintain an implementation of a "minimal Sia full node," comprising the Sia consensus algorithm and P2P networking code. The source code will be available in a public repository, and signed binaries will be published for each release.
Other parties may use this code to provide alternative full node software. For example, Nebulous may extend the minimal full node with wallet, renter, and host functionality. The source code of any such implementation may be submitted to the Foundation for review. If the code passes review, the Foundation will provide "endorsement signatures" for the commit hash used and for binaries compiled internally by the Foundation. Specifically, these signatures assert that the Foundation believes the software contains no consensus-breaking changes or other modifications to imported Foundation code. Endorsement signatures and Foundation-compiled binaries may be displayed and distributed by the receiving party, along with an appropriate disclaimer.
A minimal full node is not terribly useful on its own; the wallet, renter, host, and other extensions are what make Sia a proper developer platform. Currently, the only implementations of these extensions are maintained by Nebulous. The Foundation will contract Nebulous to ensure that these extensions continue to receive updates and enhancements. Later on, the Foundation intends to develop its own implementations of these extensions and others. As with the minimal node software, these extensions will be open source and available in public repositories for use by any Sia node software.
With the consensus code now managed by the Foundation, the task of implementing and orchestrating hardforks becomes its responsibility as well. When the Foundation determines that a hardfork is necessary (whether through internal discussion or via community petition), a formal proposal will be drafted and submitted for public review, during which arguments for and against the proposal may be submitted to a public repository. During this time, the hardfork code will be implemented, either by Foundation employees or by external contributors working closely with the Foundation. Once the implementation is finished, final arguments will be heard. The Foundation board will then vote whether to accept or reject the proposal, and announce their decision along with appropriate justification. Assuming the proposal was accepted, the Foundation will announce the block height at which the hardfork will activate, and will subsequently release source code and signed binaries that incorporate the hardfork code.
Regardless of the Foundation's decision, it is the community that ultimately determines whether a fork is accepted or rejected – nothing can change that. Foundation node software will never automatically update, so all forks must be explicitly adopted by users. Furthermore, the Foundation will provide replay and wipeout protection for its hard forks, protecting other chains from unintended or malicious reorgs. Similarly, the Foundation will ensure that any file contracts formed prior to a fork activation will continue to be honored on both chains until they expire.
Finally, the Foundation also intends to pursue scalability solutions for the Sia blockchain. In particular, work has already begun on an implementation of Utreexo, which will greatly reduce the space requirements of fully-validating nodes (allowing a full node to be run on a smartphone) while increasing throughput and decreasing initial sync time. A hardfork implementing Utreexo will be submitted to the community as per the process detailed above.
As this is the most important responsibility of the Foundation, it will receive a significant portion of the Foundation’s budget, primarily in the form of developer salaries and contracting agreements.

Support community services

We intend to allocate 25% of the Foundation Fund towards the community. This allocation will be held and disbursed in the form of siacoins, and will pay for grants, bounties, hackathons, and other community-driven endeavours.
Any community-run service, such as a Skynet portal, explorer or web wallet, may apply to have its costs covered by the Foundation. Upon approval, the Foundation will reimburse expenses incurred by the service, subject to the exact terms agreed to. The intent of these grants is not to provide a source of income, but rather to make such services "break even" for their operators, so that members of the community can enrich the Sia ecosystem without worrying about the impact on their own finances.

Ensure easy acquisition and storage of siacoins

Most users will acquire their siacoins via an exchange. The Foundation will provide support to Sia-compatible exchanges, and pursue relevant integrations at its discretion, such as Coinbase's new Rosetta standard. The Foundation may also release DEX software that enables trading cryptocurrencies without the need for a third party. (The Foundation itself will never operate as a money transmitter.)
Increasingly, users are storing their cryptocurrency on hardware wallets. The Foundation will maintain the existing Ledger Nano S integration, and pursue further integrations at its discretion.
Of course, all hardware wallets must be paired with software running on a computer or smartphone, so the Foundation will also develop and/or maintain client-side wallet software, including both full-node wallets and "lite" wallets. Community-operated wallet services, i.e. web wallets, may be funded via grants.
Like core software maintenance, this responsibility will be funded in the form of developer salaries and contracting agreements.

Protect the ecosystem

When it comes to cryptocurrency security, patching software vulnerabilities is table stakes; there are significant legal and social threats that we must be mindful of as well. As such, the Foundation will earmark a portion of its fund to defend the community from legal action. The Foundation will also safeguard the network from 51% attacks and other threats to network security by implementing softforks and/or hardforks where necessary.
The Foundation also intends to assist in the development of a new FOSS software license, and to solicit legal memos on various Sia-related matters, such as hosting in the United States and the EU.
In a broader sense, the establishment of the Foundation makes the ecosystem more robust by transferring core development to a more neutral entity. Thanks to its funding structure, the Foundation will be immune to various forms of pressure that for-profit companies are susceptible to.

Drive adoption of Sia

Although the overriding goal of the Foundation is to make Sia the best platform it can be, all that work will be in vain if no one uses the platform. There are a number of ways the Foundation can promote Sia and get it into the hands of potential users and developers.
In-person conferences are understandably far less popular now, but the Foundation can sponsor and/or participate in virtual conferences. (In-person conferences may be held in the future, permitting circumstances.) Similarly, the Foundation will provide prizes for hackathons, which may be organized by community members, Nebulous, or the Foundation itself. Lastly, partnerships with other companies in the cryptocurrency space—or the cloud storage space—are a great way to increase awareness of Sia. To handle these responsibilities, one of the early priorities of the Foundation will be to hire a marketing director.

Fund Management

The Foundation Fund will be controlled by a multisig address. Each member of the Foundation's board will control one of the signing keys, with the signature threshold to be determined once the final composition of the board is known. (This threshold may also be increased or decreased if the number of board members changes.) Additionally, one timelocked signing key will be controlled by David Vorick. This key will act as a “dead man’s switch,” to be used in the event of an emergency that prevents Foundation board members from reaching the signature threshold. The timelock ensures that this key cannot be used unless the Foundation fails to sign a transaction for several months.
On the 1st of each month, the Foundation will use its keys to transfer all siacoins in the Fund to two new addresses. The first address will be controlled by a high-security hot wallet, and will receive approximately one month's worth of Foundation expenditures. The second address, receiving the remaining siacoins, will be a modified version of the source address: specifically, it will increase the timelock on David Vorick's signing key by one month. Any other changes to the set of signing keys, such as the arrival or departure of board members, will be incorporated into this address as well.
The Foundation Fund is allocated in SC, but many of the Foundation's expenditures must be paid in USD or other fiat currency. Accordingly, the Foundation will convert, at its discretion, a portion of its monthly withdrawals to fiat currency. We expect this conversion to be primarily facilitated by private "OTC" sales to accredited investors. The Foundation currently has no plans to speculate in cryptocurrency or other assets.
Finally, it is important that the Foundation adds value to the Sia platform well in excess of the inflation introduced by the block subsidy. For this reason, the Foundation intends to provably burn, on a quarterly basis, any coins that it cannot allocate towards any justifiable expense. In other words, coins will be burned whenever doing so provides greater value to the platform than any other use. Furthermore, the Foundation will cap its SC treasury at 5% of the total supply, and will cap its USD treasury at 4 years’ worth of predicted expenses.
 
Addendum: Hardfork Timeline
We would like to see this proposal finalized and accepted by the community no later than September 30th. A new version of siad, implementing the hardfork, will be released no later than October 15th. The hardfork will activate at block 293220, which is expected to occur around 12pm EST on January 1st, 2021.
 
Addendum: Inflation specifics
The total supply of siacoins as of January 1st, 2021 will be approximately 45.243 GS. The initial subsidy of 1.57 GS thus increases the supply by 3.47%, and the total annual inflation in 2021 will be at most 10.4% (if zero coins are burned). In 2022, total annual inflation will be at most 6.28%, and will steadily decrease in subsequent years.
 

Conclusion

We see the establishment of the Foundation as an important step in the maturation of the Sia project. It provides the ecosystem with a sustainable source of funding that can be exclusively directed towards achieving Sia's ambitious goals. Compared to other projects with far deeper pockets, Sia has always punched above its weight; once we're on equal footing, there's no telling what we'll be able to achieve.
Nevertheless, we do not propose this change lightly, and have taken pains to ensure that the Foundation will act in accordance with the ideals that this community shares. It will operate transparently, keep inflation to a minimum, and respect the user's fundamental role in decentralized systems. We hope that everyone in the community will consider this proposal carefully, and look forward to a productive discussion.
submitted by lukechampine to siacoin [link] [comments]

Your Choice To Make

TL;DR: Wakey wakey, give a crap about freedom, or accept the consequences.
Another Sunday afternoon, another news item about Monero being delisted from a centralized exchange, this time in Australia.
Last year it was OKEx and others.
Just a few days ago it was Coinspot.
It is sort of an open secret that Coinbase is not listing Monero due to external pressures. Today we're hit with news that Kraken will be ceasing Monero trading for AU residents.
And you will also recall that Japan and South Korea have made similar moves.
It's a near impossibility with me, especially when powered by caffeine, which is most definitely the case today, but I will try to make this brief, sweet and to the point.
These are not isolated incidents. There is an International Organization™ in particular orchestrating, behind the scenes, the policies and requirements that financial institutions (crypto exchanges have since joined that category for this purpose) must follow, or else.
Here is what bothers me about this.
Have you been consulted about this? Anyone you know?
Heard of it in the news?
Yeah, me neither.
You have to know where to look to find some information on what they would like to see happening (we'll get to that in a moment), and often you have to read PDFs with dozens of pages to find the good stuff too.
I will leave that as an exercise to the reader. Suffice to say, I have been digging a bit deeper myself, and what I found shocked me.
FATF wants nothing less than the complete elimination of anonymity and privacy in financial affairs, even going so far as to consider BANNING peer to peer transactions so that people are forced to interact with each other through exchanges, where data collection is more reliable and certain, effectively obliterating one of the major selling points of cryptocurrency (p2p-ness) with complete disregard for the millions of people who are already onboard with the vision.
No privacy and no anonymity, imagine that.
Many of you probably already use plastic cards for everything, day in day out, and don't think too much about this stuff.
But the fact that an international organization that you have little to zero democratic control over is planning to get rid of class of financial tools that 99.99999% of people don't even realize exists yet should give you pause for concern.
The tools I speak of are, of course, digital cash-like cryptocurrencies like Monero.
I would like you to PAUSE, daydream a bit, visualize and imagine, what a world without zero financial privacy/anonymity would look like.
Consider, this has certainly not been the case in human history, ever -- yes, even today.
Today most of you still have cash as a choice. But what happens when that goes out of the window, and the only options are CBDCs, CorporateCoins, and transparent cryptocurrency ?
Needless to say, both in the case of CorporateCoins and CBDCs, there will be little to none privacy/anonymity, and even if there was (in the case of CorporateCoin), the state would obviously bully its way into it and force them to do otherwise (without being asked to do so, of course).
So, imagine that world.
Every donation you make. Every $50 transfer to a friend or family member. Every item you buy. Every service you purchase. Every money you send to help a friend you.
All of it stored, forever, to be accessed later at will for whatever reasons.
Would you make the same choices, knowing that your entire financial life is entirely exposed to powerful organizations of which you likely know very little about and almost certainly can hardly ever influence at all?
Does that seem like a good recipe for a free society?

Consequences

The people at the top either don't care about the consequences of what they're imposing worldwide, or they don't understand.
Sounds highly concerning to me either way - It comes down to either bullying or ignorance.
Would you ever have truly heart-to-heart conversations if you knew your worst enemy was potentially watching and recording everything?
Could you make passionate love knowing hundreds of strangers are analyzing your every move?
Can you be spontaneous knowing you are being recorded?
What if you did not have a choice in those matters ?!
What if someone has already decided for you, your friends, your family, your neighbors, your country, that you are all potential criminals and the thing to do is to keep records on everyone, just in case ?
Newsflash: It already happened.
It's been happening for awhile, and it seems to be picking up pace; the technology that was going to liberate us, slowly enslaving us instead -- because the general public largely does not understand the issues at hand, while the elite certainly does, and boy oh boy, are they thrilled with the technological advancements that help them cement their power.
What do I mean by cement?
Imagine trying to kick-start civil rights in a place where every social map is known, everything a person is interested in is known, every transaction they make is known, every website they have visited is known, every time they step on the street, an AI-powered camera automatically identifies them and tracks their movement.
You would be unable to organize. To exchange value. To discuss behind curtains, so to speak.
You would not have any privacy, and you would not have any anonymity.
Could you be free under these circumstances?

Conclusion

It's been a long road towards more freedom, but nowdays it is disappearing fast. Stopping to consider the implications is a most pressing issue.
They want Monero(-like tools) GONE because Monero ACTUALLY would change the paradigm.
By the time they are done with their "recommendations" (which really mean: comply, or else...), mark my words, there will be a name behind every Bitcoin address in some centralized database, query-able by partners in deciding who can and cannot use the system.
Merchants will be forced to perform chain analysis and by law they will be compelled to reject/refund/report transactions coming from "anonymous clusters" (addresses that are not known to have an identity tied to them).
This is what the normalization of the lack of privacy has brought us.
The possibility was there, and they took it. Of course they did.
I repeat, it is no accident that it's not Dogecoin and Nano, Bitcoin or Litecoin being delisted.
The star of the show (for better or for worse) is Monero, and that is because it works.
It lets you transact anonymously and privately, like cash - why the hell should FATF know that you sent $500 to your mother last week? in fact, why the hell should they know your entire financial history?!
When cash goes (and we can be fairly certain that it will be gone; would already be gone if this sort of authoritarian mindset had its way), Monero or tools like Monero, will become the only way to make any transaction outside the eyes of the state.
It's not because you have anything (nefarious) to hide. It's not because you're a criminal.
Rather, it's because to accept anything else is to bow to tyranny.
It's your choice to make - are you meekly going to accept that in perhaps less than a decade there will be zero privacy and anonymity in financial matters, or are you going to fight back?
Will you organize, campaign, email, discuss, spread awareness?
Will you spend precious summer Sunday afternoons writing for strangers on the Internet trying to help a few more see the major shit-show we're headed into?
Or will you be a good boy and do what you're told?
Tomorrow, by the way - if left unchallenged - it won't just be financial privacy that disappears.
One of the most prominent examples in the introductory part of this post (Australia) has already made quite clear that they don't like the fact that people can hide things from them (encryption).
In other words, either they know about it (and archive it forever), or you better let them know. After all, a threat - any threat! - could be lurking somewhere in that encrypted data. And you have nothing to hide anyway, yes?
This is a cryptocurrency sub though so let's not steer too far from that. It is important to remember that ultimately the issue is the same though - totalitarian control over everyone's life; mass-surveillance, and the ability to rewind and see someone's entire life exposed for the benefit of the state.
Their actions are letting you know what really works and what really threatens the status quo. That is useful information.
If you care at all about the freedom and privacy of your future self, your friends and family, children present or future, I think you would do well to think long and hard about these issues.
Because the direction assumed by the most prominent regulators seems to be headed in a uniform direction - that is no surprise, seeing as how they meet with each other.
You have to ask yourself though, is this for your benefit, your safety?
Or is it to keep the statuo quo?
How would the world be different if human beings - regardless of color, nationality, age, sexual orientation, political beliefs- with an Internet connection could freely exchange value privately and anonymously (the way we can still communicate private and anonymously in most places today - though not so in authoritarian places like China, AND THAT IS NOT A COINCIDENCE)?
It would be instant, like an instant message. It would cost very little.
Well, I have news for you: It's already possible, and a growing number of people are realizing this.
This tool is called Monero. It exists today, and the cat is out of the bag. The technology will only get better, and more interesting tools may even come along later.
In fact, barring mass persecution of open-source developers, that is very likely what is going to happen, as ultrasmart people everywhere congregate in virtual spaces to discuss better ways to do stuff.
If we keep losing our right to be left alone until suspected of a crime, life will increasingly come to resemble what the regulator types are - consciously or unconsciously - creating: a Panopticon society.
If you don't speak up, then the decision has already been made - and you're probably going to live to regret being complicit in it.
Freedom or Tyranny. It's your choice to make.
p.s: Yes, totally failed at making this short. I guess it's just not my thing.
submitted by xmr_kayront to CryptoCurrency [link] [comments]

Happy Day-After Valentine's Day! May everyone find their sweetheart, and have the chance to become a millionaire today! [Drawing Thread #39]

I love you! I love all of you guys!

It's been fifteen minutes and I'm already gilded. I really do love you all.
In Case You Missed It:
TL;DR: Leave a comment on this thread. A random user will be chosen, and everyone donates a dollar to make a millionaire. You are welcome to spread this thread via upvoting, telling friends and family, and sharing on social media! If you'd like to be reminded to donate to the winner by RemindMeBot, click here!
What is this, anyway?
Three years ago, a Redditor posted an idea in /Showerthoughts that speculated the fact, if a million people picked a certain Redditor and all donated just $1, they would have the power to make someone a millionaire.
This subreddit is an embodiment of that showerthought, and the monthly drawings are the attempts to make it happen.
We need your help to keep this running, which amounts to only $1 a month to make someone's day. In the long term, that’s $120 every decade, which is a much more affordable price than other expenses. How does it work? Below, you will find an explanation on entering, rules to keep in mind, the selection, and other important things to note.
How to enter:
  • REQUIRED: Leave only one (1) top level comment in reply to this thread! Replying to other comments will not count. It is highly recommended to comment "RemindMe! 3 days Donation for /millionairemakers", which will remind you via PM to donate.
Important Rules:
  • Only ONE top level comment per person (replies and subsequent-level comments aren't included), but feel free to reply to other comments. Making duplicate top level comments may result in exclusion from entering. Go to me to ensure you don't accidentally double comment.
  • If, by any chance, you do double comment, delete any extra duplicates ASAP, ideally before the thread is locked, as any chosen draws found to violate this will not be eligible to win, and will be banned from the subreddit.
  • Your account must be older than 30 days with some amount of activity. Throwaway accounts with very minimal activity will also not be eligible. This is to prevent multiple entries from the same person.
How will the winner be picked and how can you donate?
  • After 24 hours and 30 minutes, this thread will close, and the method of selection will begin.
  • While attempts to make the selection method similar to 2017’s have been performed, it still varies from the original. For an example from a prior drawing, see [Draw #36]. For archival purposes, please click here for the original selection method.
  • Method's TL;DR: Your number is assigned by sorting the comments by old, resulting in the first commenter being 1. The list of comments will be publicly released for the community to verify per their own accord. The subreddit then waits for a randomly generated block (a string of numbers) from Bitcoin's blockchain, after a preselected date and time, and calculates the winner using a formula described in the posts mentioned above.
  • Comment IDs are downloaded at 2:00 3:00 UTC, three hours following the thread being locked. There will be an official run at the time listed. If it is shown that there are any technical difficulties, the retrieval of the comments will be delayed by an hour, following the same procedures.
  • While not necessary, to determine if you are on the list, please go to your comment and save it. The comment ID is what gets recorded and selected, which looks like this: e3yxpj4.
  • The user who created the winning comment will be informed of their luck and will provide any information necessary for their chosen payment methods (mods will help set this up if needed).
  • The generous Reddit community donates to this lucky person, hopefully making some worthy soul a millionaire! A donation table will be stickied to the winner’s post, giving users the freedom in how they donate.
  • The lucky Redditor follows up with a thank you within the next days, revealing to the community exactly how much was raised and thanking their generosity.
Reminders
  • Take the time you have available now to setup your PayPal, Square Cash, and Google Wallet account, and/or cryptocurrency wallets. (Note: Some services may not be available depending on where you reside.)
  • To buy any cryptocurrencies, you may use Coinbase for purchases using your bank account.
  • To store cryptocurrencies, there are many accessible wallets, and if you win, you will be guided on which ones to download. For Bitcoin and Bitcoin Cash, it’s recommended to use the Electrum and Electron Cash wallet for Mac, Linux, and PC.
  • Please try your best to donate a $1, no matter who wins. Every single dollar, cent, anything really counts, so please take the effort to remember and go through with it.
  • If you want to be reminded to donate, please comment "RemindMe! 3 days Donation for /millionairemakers".
  • Spread the word! The more people who participate, the better this gets for everyone! There has been a correlation between this subreddit making it in /all and an increase in donations.
  • Try to cross-post to relevant subs, and upvote. There is a correlation between reaching /all and the amount of donations for the winner. (Please don't spam other subs though. We're not trying to make any enemies here.)
  • If you are under 18, please talk to your parents to get their consent to participate and use their help to setup a PayPal account.
MOST IMPORTANTLY
Remember, this is about generosity, making history, and coming together to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple bucks, or going through tough times and can only donate a few pennies. Every cent counts.
Note about legality: This is NOT a lottery. You don't have to pay to enter. No prizes are given away directly by the moderators of this subreddit (the moderators will never even touch your donations; this is done voluntarily). As for gift taxes, according to the IRS, they're paid by the donor, and any donations under $14,000 is not taxable.
If a lone $1 can get you candy, imagine the possibilities with $1,000,000. You can take a vacation, gift a present, or woo a girl/boy!
One million dollars can reward the gift of love. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
Let's give love to a millionaire!
Love's within the air.
With the heart you are a part.
The Valentine's fair!
submitted by lilfruini to millionairemakers [link] [comments]

Lessons learned - Crypto and Divorce - In January I was a millionaire thanks to BTC, then my wife divorces me and now I have $30,000 AMA

Crossreferencing u/nanoissuperior He wrote earlier today: https://www.reddit.com/CryptoCurrency/comments/a3n6uw/in_january_i_was_a_millionaire_thanks_to_nano_now/
Title: In January I was a millionaire thanks to Nano, now I have $25,000 AMA

I was replying to his post, but my reply ended up being a bit too large as a reply and steered off-topic, albeit an interesting one. So I decided to make it its own post, because there may be a good lessons to be learned and hoping some will come forward with good information to be shared.
I hope it can help anyone on this sub avoid the costly mistakes that I made. Here it goes: FLAIR: LEGAL (not in the list)
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u/nanoissuperior are you who I think you are? I won't give out any further identifying clues, but I happen to know someone in the exact same position that could have written that exact same headline. If you read the first paragraph, you'll know if you know me.
The person I know bought Nano really early, based on a tip from a friend. I got in much later. By the time he told me it had already spiked to the $5 range, when I ended up buying. I then sold in the $20's so it was a good buy nonetheless. We were former colleagues at a large, large software company somewhere in the PNW, I left the company to venture out on my own and try to launch some projects I had in mind and relocated overseas for a few years. We lost contact with each other during my time away, but we connected again during the market runup and started exchanging coin information on a daily basis during the big bull run of late 2017. That was a crazy time.... the market trend was a few degrees short of vertical for pretty much all coins!

Hey, guess what? Now that I think about it, I could have written that same headline myself! In January 2018 I was a Millionaire too! Not with Nano, but thanks to purchasing a good chunk of Bitcoin in 2011 at $1.20 each. I ended up a single digit millionaire with what I had left in Bitcoin around January of 2018.
And, just like you, today, from all that wealth, I have about $30.000 left, with little to show for. Can we call that even? Although my disaster was not caused entirely by market fluctuation; Mine is a more complex story and I am going to mention it, because hopefully, it could serve as a lesson to be learned for any crypto holder out there, so they don't make the make mistake I made: Don't trust anyone. Always be skeptical and watch out for your own interests. Anyhow, here it goes:
After 5 years overseas, I had enough and wanted to come back to the States. My wife stated her preference to stay abroad, but eventually, she conceded albeit reluctantly. We chose a small town in CO to settle, and landed in November of 2017. We had plans to settle down and considered purchasing a home with my/our new fortune, based on the market price during that period. At the same time, I was also hesitant about the inherent tax payments due caused by such large liquidation. I was trying to have to pay taxes as far away as possible. So, I decided to wait till New Year's Eve and started liquidating my crypto on January 1st, 2018 right after midnight. This way, I would have 16 months (till April, 2019) to pay any capital gains taxes, and I was confident at the time that the market would give me that for free, especially at the pace that it was going. I have been an early adopter and have since then acquired the high levels of verification and trading limits per week, with many exchanges, but for a large sum like this, I needed several separate transactions, over the course of several weeks, especially wanting to do it with a US-based exchange that was linked to a US bank accounts, to avoid overseas wire transfers, meaning more fees. (Yes, I did look at all OTC options, but for reasons not relevant to the story, I couldn't make it happen, so I had to use the traditional Exchange channels for asset liquidation).
My wife and I, initially had some fundamental disagreements on the gross amount to be spent and the type of property we should be purchasing. I wanted a smaller place, with a denser, younger community, where there'd be kids our son's age for him to play. She insisted that we should go big; we had been traveling for so many years, and we had not been able to call any of our past residences our home. It was time to settle and nest; She convinced me that we should own a property of our own that we would be proud of living in for years. One that we could own outright and would not easily outgrow. We ended up splurging and purchased in cash two luxury cars for ourselves and set our sights on a large dream house in the city's Golf & Country Club, free and clear, for us and our two kids. I don't even play golf, nor do I even like it, but, if it makes her happy and it is within the safe margins of making it happen, I figured, why not? My concerns were largely financial and the numbers were adding up. It was a bit tight against my personal safe margins, but, at the same time, I was imagining to never have to make, or even have to think about, a car or home mortgage payment ever again! Bitcoin is on a roll and there is no sign of it stopping. Fine. Let's do it, before I change my mind.
Now, I admit I was extremely lucky with choosing the time of when to sell the assets. I had no clue the market would take a dive in February, and so it seemed to many that I had timed the market perfectly, selling most of my coins in the first two weeks of January of 2018. Many called me a genius for selling at the very top, as if I had some sort of wisdom to know when it would drop; the truth is much less flattering; it was nothing but dumb luck, based on me wanting to pay taxes in 2018 and defer to 2019. Awesome, well done! Yeah? well, slow down, son, not so fast.
So, I gather the 7-digit lumpsum in January 2018 and we write a check for the full amount at closing in February on the property of her dreams. A property that could easily be showcased on a luxury Real Estate magazine cover. Also, remember we had just moved back to the United States with just a few suitcases each from overseas. We had no furniture, kitchenware, curtains, TV's, bed sheets, winter clothing and so many other essential things that one usually purchases over time, but which we now had to purchase all at once. Not a problem, Bitcoin had dropped slightly but still well above $15k, I believe, at the time. And, earlier, in January, I had diligently taken this expense into account and effortlessly set aside a small fortune for equipping such a large house with everything we would ever need, brand new. It seemed we were protagonists of one of the Home Makeover Shows.
Finally, after working day and night, prepping the house non-stop for days and when every piece of furniture had finally arrived, been unpacked and carried to its corresponding room, it seemed most of the essentials were in place and the hard work was done. I longed for pouring myself a Scotch and to finally sit down and enjoy the fruits of my labor. I head downstairs to the dedicated walk-in, cigar-humidor / wine / Scotch cellar in the basement and grab the better bottle of Whisky of the few bottles of Scotch that I had bought earlier in the week. On my way up, I remember feeling a sense of calm, combined with a glow of excitement and this undescribable profound inner peace, all at once. This was such a rare, natural, non-drug induced high that I had never experienced. It felt so good! This sense of accomplishment of achieving that one thing I had been chasing and longing for my entire life. I had expected I would be chasing this goal for the next 15-20 years, and yet, here it was. No, where I was, was even better than expected! A place where not even my parents, who still have to make their monthly mortgage payments. I had done it! With a smile from ear to ear, I take a deep breath of relief and while looking around the property, I think to myself: "It's perfect, everything is in place and I can finally call this our home. We are so lucky and we are going to live a great life. A life that few can only dream of. So many concerns will be lifted and become redundant. Everything will be better. I'll start a fire in one of our two fireplaces and I am going to begin enjoying my semi-retired life with the first sip of my drink. That will be the official start of our new life".
I head over to the kitchen to get a glass and some ice cubes, while I struggle to find which one is the freezer among the many drawers in the kitchen. It was then when I notice a handwritten note placed front and center on the kitchen counter. It is from my wife and read: "There is no easy way to say this, so I am just going to say it..... I want to legally divorce [ ...]". It continued saying that she had taken our son, and had unequivocally decided to leave me. She had already filed the paperwork for divorce and that I should expect to be served in the morning.
My bliss had lasted less than 5 minutes and in less than two seconds, it turned dark, somber and I saw it all crumbling down in front of me. Like a long-awaited rocket launch, years in preparation, which then unexpectedly explodes on the launch pad during the countdown. My stomach, heart and everything in my body just sank and melted into one ball of poison in my core. I felt like throwing up. I was completely blindsided; she had played the game all along, not giving me the slightest hint of what was being concocted in the background. She had already engaged with her lawyers weeks beforehand. Her mother was already in town from another state to help out with I don't know what. I had been gaslighted and was threatened by her that I needed to see a psychiatrist due to a change in my temper that I had supposedly developed - my temper was awesome: with BTC at that price? Everything was perfect! But I obeyed and went anyhow (this would later fit her story that she had to leave with the child because she feared for her safety due to my supposed temper for which I was under treatment, therefore, I must have this temper problem, see?). Also, the purchase of the overpriced home also seemed clearly premeditated: Price was the main driver of the decision making; not location, demographics, taxes, etc. It was the wrong neighborhood for us (people much older than us, retired, golfers and no kids the same age as our son to play with). Our house happened to also be the most expensive in the neighborhood. I can see it all so clearly now.
See, your crypto coins on the blockchain, are not within the US court's jurisdiction (or, at least, it's quite debatable - a gray area - ask me for the seed and I can tell you that I may have the seed, or that I may not have the seed, I may have the wrong seed, I may have forgotten it, I may have lost it - you can't prove I did not forget, or lost it, etc). However, once it is in FIAT in a bank, or invested in a property, the courts can rule on the asset(s), freeze, disburse or order a sale of the property, etc. It's done all the time.
Also, the coins were technically mine, and by definition private property (not to be divided during the divorce) as they were acquired before the marriage. I could not prove its origins (I bought many of them via direct messaging members on Bitcointalk.org and mining rather than exchanges, so no records, receipts or nothing to prove otherwise: the big exchanges like BitStamp and Coinbase didn't start operations till 2013, if I m not mistaken. Instead, I would talk to one of the forum members offering coins we'd agree on a price, I'd send a check to wherever the individual seller instructed me to (Russia, Bulgaria, Japan, UK. etc) and the coins would be deposited to whatever address I provided. Yes, it was quite crude at the time.
However, once I converted my coins to cash and used that cash to buy a property for the benefit of the family, it became common property and thus she then had rights to a portion of it when divided between the two parties should a divorce occur - which ended up being almost 3/4 of all assets.
I was robbed in broad daylight. By the one person, I trusted with my life. The one you should trust with your life. Your life partner. And while I was in complete denial, trying to bargain, I waited too long to obtain good legal representation. When I finally ended up getting a lawyer, I was quite distraught and I clearly did not do the proper research and this resulted in a less than stellar performance and detrimental to me at many key steps in the process. I had to switch legal representation right before mediation and I can't blame my new lawyer either, as (s)he did not have the required time to catch up on all the details, (s)he did his/her best, but I was ultimately strongarmed into conceding my soon-to-be-ex-wife to let her return to the house, in exchange to obtain 50% of my son's custody, with serious and strict clauses I had to abide by. So, I had to move out, find a hole in the wall in a student apartment, pay my rent and pay our kids pre-school, while she lives grandiose, without monthly payments in the country club, till the house sells, which will likely be in the spring of next year. Nice!
Due to my delay, legal mishandling and somehow every other element in her favor, she inexplicably ended up with around 3/4 of the worth of all assets, free and clear, no taxes due. Mind you, she has never financially contributed, nor made a single $ during our entire marriage. She has never worked and had $0 in her pocket when we married. She didn't even have a checking account, well in her thirties. She is no dummy; she is street smart, knows how to manipulate people, get her way with flirting and charm, while I am more intellectual and book smart. and She beat me hands-down. She is walking away with a sum of, not quite 7 figures, but close.
With what I am left with from the sale of the house, I am responsible to pay for all the capital gains taxes from the liquidation to the IRS, which are due in April 2019. I don't expect there to be more left over than the estimated $30k mentioned above.
Hate the market all you want, I made peace with the market and am keeping busy at hating my ex for a while for putting me in the same situation. She tripped me 1 yard before the finish line and pushed me in the prickly bushes, to cross it by herself. Go figure. When I am done hating her, I'll get back to rebuilding my life again from scratch. I am not worried, I have done it before. Just pissed, I was so close and that I was so naive to not see it coming.
Sorry, I am not meaning to hijack the thread, just wanted you to know that others may have lost more than just "free" money; money we didn't really have to work for. We were the lucky ones. It is what I keep telling myself to stop me from jumping off a bridge.
PS - Woah: Sorry for the wall of text; I was just going to write the first paragraph and ended up venting about my current situation. I know, I should take this issue to /depressed, /exes or /whereisthenearestbridgeIcanjumpfrom.
Hopefully, this can be a lesson to those holding crypto and some can learn what NOT to do. I learned the hard way and was left with nothing. Don't be a nice guy. Don't trust anyone with your crypto. Anyhow, I am sure either our vigilant subreddit bot, or one of the mods will remove my post for not adhering to rule, and if not, I am sure that you fine people will downvote me to hell. Go ahead. Take away from me the little Karma I left too! Thanks!

I learned many lessons, but here are some key ones [IANAL - any crypto-educated AL opinion appreciated here, thanks] :
- Understand the concept of private property - property you acquire before getting married. INAL - this depends on the state legislation, but it is hard to prove with crypto, especially if you obtained your crypto through foreign exchanges, outside of legal jurisdictions, the petitioner might not understand or willing to invest in obtaining subpoenas and requests to businesses operating overseas, as this may result costly.
- Get a lawyer who understands, or is willing to understand crypto, its benefits of being somewhat unreachable and how that can work for you. Don't let them shortchange you with: "well, let's just convert the rest to cash, because that I understand" type of reasoning.
- If you do go to mediation, the above applies as well. This arbitrator or mediator needs to be one that understands the intrinsic details of crypto - for example, during the ATH, I bought 6 digits worth in $USD of Stellar. I used the very first version of the software, supporting Stellar on my hardware device, and put it all in a cold storage wallet somewhere around January. I routinely checked on my coins on the blockchain and they are there. A few months later, I try to access my account and the device returns a different public address, which contains 0 funds. I am still trying to debug this issue with the manufacturer, but the fact is that I was accused of hiding these coins or negligence and was demanded that I paid half of what was lost. or not lost, out of my pocket for money that I didn't have access either. I tried to explain it in the simplest terms, there are risks involved with using first come software. There is no 1800 number, mo tech support. no CEO, no, you can't call the BBB and complain, etc and no one seemed to be able to understand, nor willing to either. It became a huge roadblock for which I had to concede, not cash, but a concession, I was not wanting to concede. The petitioner leaned on the fact that I was either wilfully cheating or stupid enough to lose the coins and managed to create enough doubt in my character and integrity and there was nothing rational I could explain that she, or anyone else in the room would understand. Perhaps mutually contracting a seasoned crypto expert that can offer a neutral view and give his/her opinion might be worth considering. Andreas, where were you when I needed you? :)
- Other examples were some coins I had bought in 2012 and gifted to some of her family's kids. I was holding these, till they would turn 16 for them to pay themselves their college, or so I told them. These coins were demanded back by the petitioner. Ok, I suggested that I would send them, but with a CHECKLOCKTIMEVERIFY value with a block height of let's say,10 years from now, out of fear that she would spend the coins and the kids would never know (they are toddlers). No one understood what I was talking about, I was made out the crazy one, I gave up, sent her the coins, unlocked and, just as I expected, within 20 minutes of receiving them, she spent $1200 worth of it (for a flight, I think). If you are the only one speaking your language, no one is willing to listen or make an effort to understand you.
- It appears my coins were private property, which means, that I acquired them before the marriage and in case of divorce, if I have not moved them or used them for the common good of the marriage, then they remain mine. However, I liquidated them and cash ended up in my checking account to be used to buy groceries, cars and eventually a house, and it is then that they became common property. Only once they landed in my checking account on which she is named on. It appears that had I taken proper legal precautions with documentation, or a company/trust, where that money would have gone, instead of my checking accounts, elsewhere, I would have still been able to be the legal proprietor of the resulting cash. I can't quite remember the details, but it as something that was explained to me afterward, and I honestly think I just tuned it out, because it made me sick to know I could have held on to my wealth. Perhaps a lawyer can chime in? Again, much of the lack of information and every misstep taken was because of dealing with people that are accustomed to traditional assets and will not deviate from it. Crypto is different and is treated differently. It is so important to know the strengths and weaknesses when going into litigation about something that people don't understand.
- Some more I can think of, but this post is getting way out of hand in size. Feel free to comment/suggest your own and I'll add more to the comments.

Credits to: u/nanoissuperior Thanks for your post, it inspired me to write this one. Anyone, any karma you feels needs to go his way, for providing the source of inspiration, please give to O-OP.

TL;DR: Wife, having contributed $0 during entire marriage, waited until I cashed out all my crypto at the top of the bull market in January 2018, for a nice seven-figure amount, and then immediately divorced me for the money.

Edit: added TL;DR
submitted by mijalis to CryptoCurrency [link] [comments]

Your Guide to Monero, and Why It Has Great Potential

/////Your Guide to Monero, and Why It Has Great Potential/////

Marketing.
It's a dirty word for most members of the Monero community.
It is also one of the most divisive words in the Monero community. Yet, the lack of marketing is one of the most frustrating things for many newcomers.
This is what makes this an unusual post from a member of the Monero community.
This post is an unabashed and unsolicited analyzation of why I believe Monero to have great potential.
Below I have attempted to outline different reasons why Monero has great potential, beginning with upcoming developments and use cases, to broader economic motives, speculation, and key issues for it to overcome.
I encourage you to discuss and criticise my musings, commenting below if you feel necessary to do so.

///Upcoming Developments///

Bulletproofs - A Reduction in Transaction Sizes and Fees
Since the introduction of Ring Confidential Transactions (Ring CT), transaction amounts have been hidden in Monero, albeit at the cost of increased transaction fees and sizes. In order to mitigate this issue, Bulletproofs will soon be added to reduce both fees and transaction size by 80% to 90%. This is great news for those transacting smaller USD amounts as people commonly complained Monero's fees were too high! Not any longer though! More information can be found here. Bulletproofs are already working on the Monero testnet, and developers were aiming to introduce them in March 2018, however it could be delayed in order to ensure everything is tried and tested.
Multisig
Multisig has recently been merged! Mulitsig, also called multisignature, is the requirement for a transaction to have two or more signatures before it can be executed. Multisig transactions and addresses are indistinguishable from normal transactions and addresses in Monero, and provide more security than single-signature transactions. It is believed this will lead to additional marketplaces and exchanges to supporting Monero.
Kovri
Kovri is an implementation of the Invisible Internet Project (I2P) network. Kovri uses both garlic encryption and garlic routing to create a private, protected overlay-network across the internet. This overlay-network provides users with the ability to effectively hide their geographical location and internet IP address. The good news is Kovri is under heavy development and will be available soon. Unlike other coins' false privacy claims, Kovri is a game changer as it will further elevate Monero as the king of privacy.
Mobile Wallets
There is already a working Android Wallet called Monerujo available in the Google Play Store. X Wallet is an IOS mobile wallet. One of the X Wallet developers recently announced they are very, very close to being listed in the Apple App Store, however are having some issues with getting it approved. The official Monero IOS and Android wallets, along with the MyMonero IOS and Android wallets, are also almost ready to be released, and can be expected very soon.
Hardware Wallets
Hardware wallets are currently being developed and nearing completion. Because Monero is based on the CryptoNote protocol, it means it requires unique development in order to allow hardware wallet integration. The Ledger Nano S will be adding Monero support by the end of Q1 2018. There is a recent update here too. Even better, for the first time ever in cryptocurrency history, the Monero community banded together to fund the development of an exclusive Monero Hardware Wallet, and will be available in Q2 2018, costing only about $20! In addition, the CEO of Trezor has offered a 10BTC bounty to whoever can provide the software to allow Monero integration. Someone can be seen to already be working on that here.
TAILS Operating System Integration
Monero is in the progress of being packaged in order for it to be integrated into TAILS and ready to use upon install. TAILS is the operating system popularised by Edward Snowden and is commonly used by those requiring privacy such as journalists wanting to protect themselves and sources, human-right defenders organizing in repressive contexts, citizens facing national emergencies, domestic violence survivors escaping from their abusers, and consequently, darknet market users.
In the meantime, for those users who wish to use TAILS with Monero, u/Electric_sheep01 has provided Sheep's Noob guide to Monero GUI in Tails 3.2, which is a step-by-step guide with screenshots explaining how to setup Monero in TAILS, and is very easy to follow.
Mandatory Hardforks
Unlike other coins, Monero receives a protocol upgrade every 6 months in March and September. Think of it as a Consensus Protocol Update. Monero's hard forks ensure quality development takes place, while preventing political or ideological issues from hindering progress. When a hardfork occurs, you simply download and use the new daemon version, and your existing wallet files and copy of the blockchain remain compatible. This reddit post provides more information.
Dynamic fees
Many cryptocurrencies have an arbitrary block size limit. Although Monero has a limit, it is adaptive based on the past 100 blocks. Similarly, fees change based on transaction volume. As more transactions are processed on the Monero network, the block size limit slowly increases and the fees slowly decrease. The opposite effect also holds true. This means that the more transactions that take place, the cheaper the fees!
Tail Emission and Inflation
There will be around 18.4 million Monero mined at the end of May 2022. However, tail emission will kick in after that which is 0.6 XMR, so it has no fixed limit. Gundamlancer explains that Monero's "main emission curve will issue about 18.4 million coins to be mined in approximately 8 years. (more precisely 18.132 Million coins by ca. end of May 2022) After that, a constant "tail emission" of 0.6 XMR per 2-minutes block (modified from initially equivalent 0.3 XMR per 1-minute block) will create a sub-1% perpetual inflatio starting with 0.87% yearly inflation around May 2022) to prevent the lack of incentives for miners once a currency is not mineable anymore.
Monero Research Lab
Monero has a group of anonymous/pseudo-anonymous university academics actively researching, developing, and publishing academic papers in order to improve Monero. See here and here. The Monero Research Lab are acquainted with other members of cryptocurrency academic community to ensure when new research or technology is uncovered, it can be reviewed and decided upon whether it would be beneficial to Monero. This ensures Monero will always remain a leading cryptocurrency. A recent end of 2017 update from a MRL researcher can be found here.

///Monero's Technology - Rising Above The Rest///

Monero Has Already Proven Itself To Be Private, Secure, Untraceable, and Trustless
Monero is the only private, untraceable, trustless, secure and fungible cryptocurrency. Bitcoin and other cryptocurrencies are TRACEABLE through the use of blockchain analytics, and has lead to the prosecution of numerous individuals, such as the alleged Alphabay administrator Alexandre Cazes. In the Forfeiture Complaint which detailed the asset seizure of Alexandre Cazes, the anonymity capabilities of Monero were self-demonstrated by the following statement of the officials after the AlphaBay shutdown: "In total, from CAZES' wallets and computer agents took control of approximately $8,800,000 in Bitcoin, Ethereum, Monero and Zcash, broken down as follows: 1,605.0503851 Bitcoin, 8,309.271639 Ethereum, 3,691.98 Zcash, and an unknown amount of Monero".
Privacy CANNOT BE OPTIONAL and must be at a PROTOCOL LEVEL. With Monero, privacy is mandatory, so that everyone gets the benefits of privacy without any transactions standing out as suspicious. This is the reason Darknet Market places are moving to Monero, and will never use Verge, Zcash, Dash, Pivx, Sumo, Spectre, Hush or any other coins that lack good privacy. Peter Todd (who was involved in the Zcash trusted setup ceremony) recently reiterated his concerns of optional privacy after Jeffrey Quesnelle published his recent paper stating 31.5% of Zcash transactions may be traceable, and that only ~1% of the transactions are pure privacy transactions (i.e., z -> z transactions). When the attempted private transactions stand out like a sore thumb there is no privacy, hence why privacy cannot be optional. In addition, in order for a cryptocurrency to truly be private, it must not be controlled by a centralised body, such as a company or organisation, because it opens it up to government control and restrictions. This is no joke, but Zcash is supported by DARPA and the Israeli government!.
Monero provides a stark contrast compared to other supposed privacy coins, in that Monero does not have a rich list! With all other coins, you can view wallet balances on the blockexplorers. You can view Monero's non-existent rich list here to see for yourself.
I will reiterate here that Monero is TRUSTLESS. You don't need to rely on anyone else to protect your privacy, or worry about others colluding to learn more about you. No one can censor your transaction or decide to intervene. Monero is immutable, unlike Zcash, in which the lead developer Zooko publicly tweeted the possibility of providing a backdoor for authorities to trace transactions. To Zcash's demise, Zooko famously tweeted:
" And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible. …"
Ethereum's track record of immutability is also poor. Ethereum was supposed to be an immutable blockchain ledger, however after the DAO hack this proved to not be the case. A 2016 article on Saintly Law summarised the problematic nature of Ethereum's leadership and blockchain intervention:
" Many ethereum and blockchain advocates believe that the intervention was the wrong move to make in this situation. Smart contracts are meant to be self-executing, immutable and free from disturbance by organisations and intermediaries. Yet the building block of all smart contracts, the code, is inherently imperfect. This means that the technology is vulnerable to the same malicious hackers that are targeting businesses and governments. It is also clear that the large scale intervention after the DAO hack could not and would not likely be taken in smaller transactions, as they greatly undermine the viability of the cryptocurrency and the technology."
Monero provides Fungibility and Privacy in a Cashless World
As outlined on GetMonero.org, fungibility is the property of a currency whereby two units can be substituted in place of one another. Fungibility means that two units of a currency can be mutually substituted and the substituted currency is equal to another unit of the same size. For example, two $10 bills can be exchanged and they are functionally identical to any other $10 bill in circulation (although $10 bills have unique ID numbers and are therefore not completely fungible). Gold is probably a closer example of true fungibility, where any 1 oz. of gold of the same grade is worth the same as another 1 oz. of gold. Monero is fungible due to the nature of the currency which provides no way to link transactions together nor trace the history of any particular XMR. 1 XMR is functionally identical to any other 1 XMR. Fungibility is an advantage Monero has over Bitcoin and almost every other cryptocurrency, due to the privacy inherent in the Monero blockchain and the permanently traceable nature of the Bitcoin blockchain. With Bitcoin, any BTC can be tracked by anyone back to its creation coinbase transaction. Therefore, if a coin has been used for an illegal purpose in the past, this history will be contained in the blockchain in perpetuity.
A great example of Bitcoin's lack of fungibility was reposted by u/ViolentlyPeaceful:
"Imagine you sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment."
This lack of fungibility means that certain businesses will be obligated to avoid accepting BTC that have been previously used for purposes which are illegal, or simply run afoul of their Terms of Service. Currently some large Bitcoin companies are blocking, suspending, or closing accounts that have received Bitcoin used in online gambling or other purposes deemed unsavory by said companies. Monero has been built specifically to address the problem of traceability and non-fungibility inherent in other cryptocurrencies. By having completely private transactions Monero is truly fungible and there can be no blacklisting of certain XMR, while at the same time providing all the benefits of a secure, decentralized, permanent blockchain.
The world is moving cashless. Fact. The ramifications of this are enormous as we move into a cashless world in which transactions will be tracked and there is a potential for data to be used by third parties for adverse purposes. While most new cryptocurrency investors speculate upon vaporware ICO tokens in the hope of generating wealth, Monero provides salvation for those in which financial privacy is paramount. Too often people equate Monero's features with criminal endeavors. Privacy is not a crime, and is necessary for good money. Transparency in Monero is possible OFF-CHAIN, which offers greater transparency and flexibility. For example, a Monero user may share their Private View Key with their accountant for tax purposes.
Monero aims to be adopted by more than just those with nefarious use cases. For example, if you lived in an oppressive religious regime and wanted to buy a certain item, using Monero would allow you to exchange value privately and across borders if needed. Another example is that if everybody can see how much cryptocurrency you have in your wallet, then a certain service might decide to charge you more, and bad actors could even use knowledge of your wallet balance to target you for extortion purposes. For example, a Russian cryptocurrency blogger was recently beaten and robbed of $425k. This is why FUNGIBILITY IS ESSENTIAL. To summarise this in a nutshell:
"A lack of fungibility means that when sending or receiving funds, if the other person personally knows you during a transaction, or can get any sort of information on you, or if you provide a residential address for shipping etc. – you could quite potentially have them use this against you for personal gain"
For those that wish to seek more information about why Monero is a superior form of money, read The Merits of Monero: Why Monero Vs Bitcoin over on the Monero.how website.
Monero's Humble Origins
Something that still rings true today despite the great influx of money into cryptocurrencies was outlined in Nick Tomaino's early 2016 opinion piece. The author claimed that "one of the most interesting aspects of Monero is that the project has gained traction without a crowd sale pre-launch, without VC funding and any company or well-known investors and without a pre-mine. Like Bitcoin in the early days, Monero has been a purely grassroots movement that was bootstrapped by the creator and adopted organically without any institutional buy-in. The creator and most of the core developers serve the community pseudonymously and the project was launched on a message board (similar to the way Bitcoin was launched on an email newsletter)."
The Organic Growth of the Monero Community
The Monero community over at monero is exponentially growing. You can view the Monero reddit metrics here and see that the Monero subreddit currently gains more than 10,000 (yes, ten thousand!) new subscribers every 10 days! Compare this to most of the other coins out there, and it proves to be one of the only projects with real organic growth. In addition to this, the community subreddits are specifically divided to ensure the main subreddit remains unbiased, tech focused, with no shilling or hype. All trading talk is designated to xmrtrader, and all memes at moonero.
Forum Funding System
While most contributors have gratefully volunteered their time to the project, Monero also has a Forum Funding System in which money is donated by community members to ensure it attracts and retains the brightest minds and most skilled developers. Unlike ICOs and other cryptocurrencies, Monero never had a premine, and does not have a developer tax. If ANYONE requires funding for a Monero related project, then they can simply request funding from the community, and if the community sees it as beneficial, they will donate. Types of projects range from Monero funding for local meet ups, to paying developers for their work.
Monero For Goods, Services, and Market Places
There is a growing number of online goods and services that you can now pay for with Monero. Globee is a service that allows online merchants to accept payments through credit cards and a host of cryptocurrencies, while being settled in Bitcoin, Monero or fiat currency. Merchants can reach a wider variety of customers, while not needing to invest in additional hardware to run cryptocurrency wallets or accept the current instability of the cryptocurrency market. Globee uses all of the open source API's that BitPay does making integrations much easier!
Project Coral Reef is a service which allows you to shop and pay for popular music band products and services using Monero.
Linux, Veracrypt, and a whole array of VPNs now accept Monero.
There is a new Monero only marketplace called Annularis currently being developed which has been created for those who value financial privacy and economic freedom, and there are rumours Open Bazaar is likely to support Monero once Multisig is implemented.
In addition, Monero is also supported by The Living Room of Satoshi so you can pay bills or credit cards directly using Monero.
Monero can be found on a growing number of cryptocurrency exchange services such as Bittrex, Poloniex, Cryptopia, Shapeshift, Changelly, Bitfinex, Kraken, Bisq, Tux, and many others.
For those wishing to purchase Monero anonymously, there are services such as LocalMonero.co and Moneroforcash.com.
With XMR.TO you can pay Bitcoin addresses directly with Monero. There are no other fees than the miner ones. All user records are purged after 48 hours. XMR.TO has also been added as an embedded feature into the Monerujo android wallet.
Coinhive Browser-Based Mining
Unlike Bitcoin, Monero can be mined using CPUs and GPUs. Not only does this encourage decentralisation, it also opens the door to browser based mining. Enter side of stage, Coinhive browser-based mining. As described by Hon Lau on the Symnatec Blog Browser-based mining, as its name suggests, is a method of cryptocurrency mining that happens inside a browser and is implemented using Javascript. Coinhive is marketed as an alternative to browser ad revenue. The motivation behind this is simple: users pay for the content indirectly by coin mining when they visit the site and website owners don't have to bother users with sites laden with ads, trackers, and all the associated paraphern. This is great, provided that the websites are transparent with site visitors and notify users of the mining that will be taking place, or better still, offer users a way to opt in, although this hasn't always been the case thus far.
Skepticism Sunday
The main Monero subreddit has weekly Skepticism Sundays which was created with the purpose of installing "a culture of being scientific, skeptical, and rational". This is used to have open, critical discussions about monero as a technology, it's economics, and so on.

///Speculation///

Major Investors And Crypto Figureheads Are Interested
Ari Paul is the co-founder and CIO of BlockTower Capital. He was previously a portfolio manager for the University of Chicago's $8 billion endowment, and a derivatives market maker and proprietary trader for Susquehanna International Group. Paul was interviewed on CNBC on the 26th of December and when asked what was his favourite coin was, he stated "One that has real fundamental value besides from Bitcoin is Monero" and said it has "very strong engineering". In addition, when he was asked if that was the one used by criminals, he replied "Everything is used by criminals including the US dollar and the Euro". Paul later supported these claims on Twitter, recommending only Bitcoin and Monero as long-term investments.
There are reports that "Roger Ver, earlier known as 'Bitcoin Jesus' for his evangelical support of the Bitcoin during its early years, said his investment in Monero is 'substantial' and his biggest in any virtual currency since Bitcoin.
Charlie Lee, the creator of Litecoin, has publicly stated his appreciation of Monero. In a September 2017 tweet directed to Edward Snowden explaining why Monero is superior to Zcash, Charlie Lee tweeted:
All private transactions, More tested privacy tech, No tax on miners to pay investors, No high inflation... better investment.
John McAfee, arguably cryptocurrency's most controversial character at the moment, has publicly supported Monero numerous times over the last twelve months(before he started shilling ICOs), and has even claimed it will overtake Bitcoin.
Playboy instagram celebrity Dan Bilzerian is a Monero investor, with 15% of his portfolio made up of Monero.
Finally, while he may not be considered a major investor or figurehead, Erik Finman, a young early Bitcoin investor and multimillionaire, recently appeared in a CNBC Crypto video interview, explaining why he isn't entirely sold on Bitcoin anymore, and expresses his interest in Monero, stating:
"Monero is a really good one. Monero is an incredible currency, it's completely private."
There is a common belief that most of the money in cryptocurrency is still chasing the quick pump and dumps, however as the market matures, more money will flow into legitimate projects such as Monero. Monero's organic growth in price is evidence smart money is aware of Monero and gradually filtering in.
The Bitcoin Flaw
A relatively unknown blogger named CryptoIzzy posted three poignant pieces regarding Monero and its place in the world. The Bitcoin Flaw: Monero Rising provides an intellectual comparison of Monero to other cryptocurrencies, and Valuing Cryptocurrencies: An Approach outlines methods of valuing different coins.
CryptoIzzy's most recent blog published only yesterday titled Monero Valuation - Update and Refocus is a highly recommended read. It touches on why Monero is much more than just a coin for the Darknet Markets, and provides a calculated future price of Monero.
CryptoIzzy also published The Power of Money: A Case for Bitcoin, which is an exploration of our monetary system, and the impact decentralised cryptocurrencies such as Bitcoin and Monero will have on the world. In the epilogue the author also provides a positive and detailed future valuation based on empirical evidence. CryptoIzzy predicts Monero to easily progress well into the four figure range.
Monero Has a Relatively Small Marketcap
Recently we have witnessed many newcomers to cryptocurrency neglecting to take into account coins' marketcap and circulating supply, blindly throwing money at coins under $5 with inflated marketcaps and large circulating supplies, and then believing it's possible for them to reach $100 because someone posted about it on Facebook or Reddit.
Compared to other cryptocurrencies, Monero still has a low marketcap, which means there is great potential for the price to multiply. At the time of writing, according to CoinMarketCap, Monero's marketcap is only a little over $5 billion, with a circulating supply of 15.6 million Monero, at a price of $322 per coin.
For this reason, I would argue that this is evidence Monero is grossly undervalued. Just a few billion dollars of new money invested in Monero can cause significant price increases. Monero's marketcap only needs to increase to ~$16 billion and the price will triple to over $1000. If Monero's marketcap simply reached ~$35 billion (just over half of Ripple's $55 billion marketcap), Monero's price will increase 600% to over $2000 per coin.
Another way of looking at this is Monero's marketcap only requires ~$30 billion of new investor money to see the price per Monero reach $2000, while for Ethereum to reach $2000, Ethereum's marketcap requires a whopping ~$100 billion of new investor money.
Technical Analysis
There are numerous Monero technical analysts, however none more eerily on point than the crowd-pleasing Ero23. Ero23's charts and analysis can be found on Trading View. Ero23 gained notoriety for his long-term Bitcoin bull chart published in February, which is still in play today. Head over to his Trading View page to see his chart: Monero's dwindling supply. $10k in 2019 scenario, in which Ero23 predicts Monero to reach $10,000 in 2019. There is also this chart which appears to be freakishly accurate and is tracking along perfectly today.
Coinbase Rumours
Over the past 12 months there have been ongoing rumours that Monero will be one of the next cryptocurrencies to be added to Coinbase. In January 2017, Monero Core team member Riccardo 'Fluffypony' Spagni presented a talk at Coinbase HQ. In addition, in November 2017 GDAX announced the GDAX Digit Asset Framework outlining specific parameters cryptocurrencies must meet in order to be added to the exchange. There is speculation that when Monero has numerous mobile and hardware wallets available, and multisig is working, then it will be added. This would enable public accessibility to Monero to increase dramatically as Coinbase had in excess of 13 million users as of December, and is only going to grow as demand for cryptocurrencies increases. Many users argue that due to KYC/AML regulations, Coinbase will never be able to add Monero, however the Kraken exchange already operates in the US and has XMfiat pairs, so this is unlikely to be the reason Coinbase is yet to implement XMfiat trading.
Monero Is Not an ICO Scam
It is likely most of the ICOs which newcomers invest in, hoping to get rich quick, won't even be in the Top 100 cryptocurrencies next year. A large portion are most likely to be pumps and dumps, and we have already seen numerous instances of ICO exit scams. Once an ICO raises millions of dollars, the developers or CEO of the company have little incentive to bother rolling out their product or service when they can just cash out and leave. The majority of people who create a company to provide a service or product, do so in order to generate wealth. Unless these developers and CEOs are committed and believed in their product or service, it's likely that the funds raised during the ICO will far exceed any revenue generated from real world use cases.
Monero is a Working Currency, Today
Monero is a working currency, here today.
The majority of so called cryptocurrencies that exist today are not true currencies, and do not aim to be. They are a token of exchange. They are like a share in a start-up company hoping to use blockchain technology to succeed in business. A crypto-assest is a more accurate name for coins such as Ethereum, Neo, Cardano, Vechain, etc.
Monero isn't just a vaporware ICO token that promises to provide a blockchain service in the future. It is not a platform for apps. It is not a pump and dump coin.
Monero is the only coin with all the necessary properties to be called true money.
Monero is private internet money.
Some even describe Monero as an online Swiss Bank Account or Bitcoin 2.0, and it is here to continue on from Bitcoin's legacy.
Monero is alleviating the public from the grips of banks, and protests the monetary system forced upon us.
Monero only achieved this because it is the heart and soul, and blood, sweat, and tears of the contributors to this project. Monero supporters are passionate, and Monero has gotten to where it is today thanks to its contributors and users.

///Key Issues for Monero to Overcome///

Scalability
While Bulletproofs are soon to be implemented in order to improve Monero's transaction sizes and fees, scalability is an issue for Monero that is continuously being assessed by Monero's researchers and developers to find the most appropriate solution. Ricardo 'Fluffypony' Spagni recently appeared on CNBC's Crypto Trader, and when asked whether Monero is scalable as it stands today, Spagni stated that presently, Monero's on-chain scaling is horrible and transactions are larger than Bitcoin's (because of Monero's privacy features), so side-chain scaling may be more efficient. Spagni elaborated that the Monero team is, and will always be, looking for solutions to an array of different on-chain and off-chain scaling options, such as developing a Mimblewimble side-chain, exploring the possibility of Lightning Network so atomic swaps can be performed, and Tumblebit.
In a post on the Monero subreddit from roughly a month ago, monero moderator u/dEBRUYNE_1 supports Spagni's statements. dEBRUYNE_1 clarifies the issue of scalability:
"In Bitcoin, the main chain is constrained and fees are ludicrous. This results in users being pushed to second layer stuff (e.g. sidechains, lightning network). Users do not have optionality in Bitcoin. In Monero, the goal is to make the main-chain accessible to everyone by keeping fees reasonable. We want users to have optionality, i.e., let them choose whether they'd like to use the main chain or second layer stuff. We don't want to take that optionality away from them."
When the Spagni CNBC video was recently linked to the Monero subreddit, it was met with lengthy debate and discussion from both users and developers. u/ferretinjapan summarised the issue explaining:
"Monero has all the mechanisms it needs to find the balance between transaction load, and offsetting the costs of miner infrastructure/profits, while making sure the network is useful for users. But like the interviewer said, the question is directed at "right now", and Fluffys right to a certain extent, Monero's transactions are huge, and compromises in blockchain security will help facilitate less burdensome transactional activity in the future. But to compare Monero to Bitcoin's transaction sizes is somewhat silly as Bitcoin is nowhere near as useful as monero, and utility will facilitate infrastructure building that may eventually utterly dwarf Bitcoin. And to equate scaling based on a node being run on a desktop being the only option for what classifies as "scalable" is also an incredibly narrow interpretation of the network being able to scale, or not. Given the extremely narrow definition of scaling people love to (incorrectly) use, I consider that a pretty crap question to put to Fluffy in the first place, but... ¯_(ツ)_/¯"
u/xmrusher also contributed to the discussion, comparing Bitcoin to Monero using this analogous description:
"While John is much heavier than Henry, he's still able to run faster, because, unlike Henry, he didn't chop off his own legs just so the local wheelchair manufacturer can make money. While Morono has much larger transactions then Bitcoin, it still scales better, because, unlike Bitcoin, it hasn't limited itself to a cripplingly tiny blocksize just to allow Blockstream to make money."
Setting up a wallet can still be time consuming
It's time consuming and can be somewhat difficult for new cryptocurrency users to set up their own wallet using the GUI wallet or the Command Line Wallet. In order to strengthen and further decentralize the Monero network, users are encouraged to run a full node for their wallet, however this can be an issue because it can take up to 24-48 hours for some users depending on their hard-drive and internet speeds. To mitigate this issue, users can run a remote node, meaning they can remotely connect their wallet to another node in order to perform transactions, and in the meantime continue to sync the daemon so in the future they can then use their own node.
For users that do run into wallet setup issues, or any other problems for that matter, there is an extremely helpful troubleshooting thread on the Monero subreddit which can be found here. And not only that, unlike some other cryptocurrency subreddits, if you ask a question, there is always a friendly community member who will happily assist you. Monero.how is a fantastic resource too!
Despite still being difficult to use, the user-base and price may increase dramatically once it is easier to use. In addition, others believe that when hardware wallets are available more users will shift to Monero.

///Conclusion///

I actually still feel a little shameful for promoting Monero here, but feel a sense of duty to do so.
Monero is transitioning into an unstoppable altruistic beast. This year offers the implementation of many great developments, accompanied by the likelihood of a dramatic increase in price.
I request you discuss this post, point out any errors I have made, or any information I may have neglected to include. Also, if you believe in the Monero project, I encourage you to join your local Facebook or Reddit cryptocurrency group and spread the word of Monero. You could even link this post there to bring awareness to new cryptocurrency users and investors.
I will leave you with an old on-going joke within the Monero community - Don't buy Monero - unless you have a use case for it of course :-) Just think to yourself though - Do I have a use case for Monero in our unpredictable Huxleyan society? Hint: The answer is ?
Edit: Added in the Tail Emission section, and noted Dan Bilzerian as a Monero investor. Also added information regarding the XMR.TO payment service. Added info about hardfork
submitted by johnfoss69 to CryptoCurrency [link] [comments]

I'm Giving Away 0.5BTC to Whoever Finds My Lost Electrum Password

A little over a year ago, on 10/22/2016, the price of bitcoin was going up, and the size of the blockchain was growing like crazy, so I decided to transfer a 10.511 BTC wallet I had on a thumb drive from a Bitcoin Core wallet to Electrum (I knew I soon wouldn't have enough space on my HDD for the entire blockchain, which Core requires.) So I fired up Electrum, copied down the addresses, and transferred all 10.511 BTC.
One minute later, my heart sank, and I realized what a complete moron I was - this was a wallet I had setup when i first installed Electrum a year earlier, and I had NO IDEA what the password or seed words were.
So now I have 10.511 BTC stuck in an Electrum 2.8.3 (EDIT - I see 2.8.3 now, but that didn't even exist on 8/4/2015, so I must've upgraded at some point - SEE BELOW) wallet that I have no access to whatsoever. I've heard that there are people on bitcoin with cracking capabilities, so I wanted to give the community a shot.
Here's how this will work. I've extracted partial-MPK data from the extract script I received from btcrecover, a popular password recovery program. With this, you can check passwords. Whoever posts or pm's me the correct password first (along with their receiving address) will receive 0.5 BTC from the following address - 1EoKwutew3rfmKbsNcmi53qMRe84v2Cj4H (one of the five addresses in this wallet that makes up the total 10.511 BTC)
Electrum2 partial encrypted master private key, iv, and crc in base64:
For use in btcrecover:
ZTI6goX84upkxg6DGPWNoLhM9nMUz4scIgd8eGAE8yqAGrK55C7F 
For use with JohnTheRipper:
default_wallet:$electrum$2*8285fce2ea64c60e8318f58da0b84cf6*7314cf8b1c22077c786004f32a801ab2 
As far as hints go, here's what I'm 99% sure of:
Or any of the following 6 characters:
1 ! ` ~ ' (backslash - reddit won't display it) 
So those are about all the clues I have. I recommend someone trying a dictionary attack first, and then brute-forcing it. I promise, promise promise I will deliver 0.5BTC to whoever finds the password. I'm recovering 10BTC on top of that, so 0.5BTC is a reasonable price to pay for my idiotic mistake.
Good luck, and Happy Holidays!
. . .
Edit: I will check back every few hours and try all the passwords posted - please don't take random guesses... use btcrecover or John The Ripper to find the actual password using the partial encrypted master private key, iv, and crc in base64 that I posted above (I have to check all these, after all...)
Edit 2: Tried all the passwords posted in this thread until 1:34am EST. Going to bed for now, but will check back in the morning.
EDIT 3: Some people are pointing out that the version doesn't make any sense, since 2.8.3 didn't exist when I created the wallet. You're, right, this version came out in 2017. I am sorry I got this wrong - I've been looking at Electrum 2.8.3 for the past year or so, as I've been trying to open this thing, so I assumed that was it, but its not. All I know is, I downloaded Electrum for the first time on this computer on 8/4/2015 at around 4am EST. Does anyone know what version that is? If its 1.X, PLEASE tell me so I can update the partial encrypted master private key above, as the one above I used an extract script for 2.X!!!
EDIT 4: I'm 99% certain you will find the password if you brute force lowercase letters a-z, after removing some "non-interesting" letters like z,q, etc. Its just about which letters to guess. The ONLY numbers that could POSSIBLY be at the end are "15". So either it ends in 15 or it doesn't, there's no way I'd use any other numbers. So please, whoever has access to a large bank of CPU's, PLEASE try using btcrecover (or better yet, JTR) to try a-z, minus some less-popular characters. Possibly the letters ""a b c d e f i k l m n o r s t w y", but I could be missing some. Also, PLEASE POST YOUR BITCOIN ADDRESS ALONG WITH YOUR ANSWER! I will send you coins from 1EoKwutew3rfmKbsNcmi53qMRe84v2Cj4H, one of the addresses in the locked wallet.
Finally, I just want to be clear - I will give the 0.5 BTC reward to whoever helps me open this wallet - whether they figured out some crazy technical workaround, find the password itself, or gave me hints that allowed me to discover the password myself, whoever helps me unlock these funds first will be rewarded.
EDIT 5: Some people are curious as to whether this is indeed my wallet. Yes, it is: the first 0.1BTC I sent to the wallet on 8/4/2015 was sent directly to this wallet from my Coinbase account. Proof: https://imgur.com/a/zsjZw
EDIT 6 - MAKING PROGRESS BABY! If you're using btcrecover, please put this in your token file:
 ^%[abcdefiklmnorstuwy] ^2^%[abcdefiklmnorstuwy] ^3^%[abcdefiklmnorstuwy] ^4^%[abcdefiklmnorstuwy] ^5^%[abcdefiklmnorstuwy] ^6^%[abcdefiklmnorstuwy] ^7^%[abcdefiklmnorstuwy] ^8^%[abcdefiklmnorstuwy] ^9^%[abcdefiklmnorstuwy] 15$ 
Add as many lines as you think there are digits (probably 9-12), remembering to change the number of the line in the beginning, and change the group of letters that you think might be included in the pw. THE LESS LETTERS YOU INCLUDE, THE GREATER THE LENGTH YOU CAN CHECK. Please remember to add the tags "--no-eta" and "--no-dupchecks" so you don't run out of memory. Unfortunately my machine can only do 600kP/s, so I can't find it myself, but someone with access to a lot of servers can probably find the password very quickly!!!
EDIT 7 - Making a bit of progress, very very slowly. Here's an important clue: when I created this wallet, which, remember, was the very first Electrum wallet I ever created, I would have made sure to add enough complexity so that the complexity meter below the password input box says "Strong". I would've never clicked Continue if the complexity-indicator said I "Weak" or "Medium". So if there's some way to ignore ALL "Weak" or "Medium" passwords, that could speed up the search significantly. It looks like if you use just lowercase a-z, when you add a single "!" at the end for increased complexity, the minimum total characters that gets you a "Strong" password is 12 ((a-z)x11 + "!"). Nobody's been searching for this quite yet, because 11 characters is a lot, and it could be more. The only way I see this happening is if you do a hybrid dictionary+brute force attack, of if you substantially cut down on the number of letters tested by eliminating "uninteresting" letters like q, z, v, x, etc. Based on everything, I think the total is at least 12 characters, but no more than 16, and contains a special character at the end (such as !, 1, ~, (~ if you don't hold shift, reddit won't display it), ', or \ - these are the 6 special characters I usually use by themselves at the end of a password - ' and \ because they're right next to Enter on a standard US keyboard, and ! or 1 (or !1 or 1! together) or ` or ~ because they're my go-to's).
I've also looked through my photo archive from that time period and found a DIFFERENT seed for a wallet I made on Aug. 18th, 2015 (crunch sunny range evoke rapid use bubble gloom pill gossip blanket tired accident - there's about 3 bucks in there for whoever wants it). The password for this wallet was originally "testtesttest".
EDIT 8 - Still no password as of 12/12/2017, and this will be my last edit. If you find the password, PM me.
EDIT 9 - I will update this page as soon as the password is found. If you are seeing this message, it means the password has not yet been found.
submitted by corneliusvanderbilt to Bitcoin [link] [comments]

Daily analysis of cryptocurrencies 20191010(Market index 41 — Fear state)

Daily analysis of cryptocurrencies 20191010(Market index 41 — Fear state)

https://preview.redd.it/waoxpqkwcpr31.png?width=960&format=png&auto=webp&s=940a66b31f08378194cd275c19fc40fc3af2b8a9
https://preview.redd.it/dura57wwcpr31.png?width=1536&format=png&auto=webp&s=98f3a7e842503c858adea063d9a559a20ae6f624

UK Regulator Ramps Up Crypto Investigations And Considers KYC For Wallets The UK’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from 2018. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of Open source and zero-knowledge software.
Russia’s Central Bank Sees No Obvious Need To Issue National Cryptocurrency Russia’s Central Bank sees no obvious need to issue a national cryptocurrency, said head of the regulator Elvira Nabiullina speaking at the Finopolis forum of innovative financial technologies.
Telegram’s Upcoming GRAM Token Finds Support From Coinbase Custody American cryptocurrency exchange Coinbase seems to be heading towards expansion, following the addition of several cryptocurrencies to its network. In a recent update, the exchange has announced its intention of supporting messaging giant Telegram’s yet-to-be launched cryptocurrency, GRAM.
Alipay Reiterates Noninvolvement In OTC Market Of Cryptocurrency The security center of Alipay reiterated via its Weibo handle on Oct 10 that it would prohibit the use of Alipay in crypto trading on the OTC market. “If any of the trading activities were found to be associated with Bitcoin or other cryptocurrencies, we would stop providing with payment services immediately,” the announcement said. Alipay emphasized it would cancel business accounts involved in crypto trading. Individual accounts using Alipay to trade cryptocurrencies will be suffering from collection limitations either for a certain period of time or permanently depending on the actual circumstances. As previously reported by CoinNess.com, Binance announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto.’ Head honcho CZ later confirmed on Twitter the addition of fiat on-ramps via WeChat and Alipay. The claim made by Alipay seems to be a reply to CZ’s announcement about the “upcoming” new feature of fiat on-ramps through Alipay.

Encrypted project calendar(October 10, 2019)

INB/Insight Chain: The Insight Chain (INB) INB public blockchain main network will be launched on October 10. VET/Vechain: VeChain (VET) will attend the BLOCKWALKS Blockchain Europe Conference on October 10. CAPP/Cappasity: Cappasity (CAPP) Cappasity will be present at the Osaka Global Innovation Forum in Osaka (October 10–11). TrueFeedBack (TFB): 10 October 2019 (or earlier) Application Release New version of TFB application and TFB bounty application. Sparkpoint (SRK): 10 October 2019 4rth Quarterly Burn SparkPoint ( SRK) will execute its 4rth quarterly burn on October 10, 2019. Insight Chain (INB): 10 October 2019 Mainnet Launch “The Mainnet for INB Public Blockchain Will be Launched on October 10.” Celer Network (CELR) and 4 others: 10 October 2019 Layer 2 Meetup Osaka “Join us at Layer 2 Meetup for fruitful networking, chilled atmosphere & sushi on October 10, 2019 during the DevCon in Osaka, Japan.” Cappasity (CAPP): 10 October 2019 Global Innovation Forum Cappasity presents at Osaka’s Global Innovation Forum in Osaka. ThoreNext (THX): 10 October 2019 Submission Last Date “$THX #THX Swap #Update Submission Last Date 10–10–2019”

Encrypted project calendar(October 11, 2019)

OKB/OKB: OKB (OKB) OKEx series of talks will be held in Istanbul on October 11th to discuss “the rise of the Turkish blockchain.” Aragon (ANT): 11 October 2019 Osaka DAO Party “We are excited to invite you to our @EFDevcon Aragon Dream DAO Party — DAICO Edition in Osaka on the evening of October 11th!” BitTorrent (BTT) and 1 othe: 11 October 2019 Airdrop “On October 11th 00:00 UTC we will initiate our ninth $BTT airdrop and reward TRON $TRX holders with 990,000,000 #BTT!” Zilliqa (ZIL): 11 October 2019 Dev Call “The Aztec Protocol team will be joining our 4th Dev Call this Friday at 2pm EST. We will be having interesting conversations about FOAM (FOAM): 11 October 2019 Osaka Happy Hour “Join FOAM and @3boxdb for a #DevCon Happy Hour in Osaka this Friday at Runway lounge.”

Encrypted project calendar(October 12, 2019)

BTC/Bitcoin: The 2019 Global Mining Leaders Summit will be held in Chengdu, China from October 12th to 14th. BLAST (BLAST): 12 October 2019 (or earlier) Masternode & Assets “Masternode functionality and versionbits signalling for Assets will become active on the BLAST network at block height 1710000.”

Encrypted project calendar(October 14, 2019)

BCH/Bitcoin Cash: The ChainPoint 19 conference will be held in Armenia from October 14th to 15th.

Encrypted project calendar(October 15, 2019)

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15. BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th.

Encrypted project calendar(October 16, 2019)

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th. MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16. ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades. QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16. (CRYPTO): and 1 other 16 October 2019 Supply Chains Unblocked Supply Chains Unblocked in London from 9:30 AM — 6 PM. Binance Coin (BNB): 16 October 2019 Singapore Meetup “Bring your friends to come along with, & it will be FUN! With snacks and drinks.”

Encrypted project calendar(October 17, 2019)

Holo (HOT): 17 October 2019 Redgrid AMA “Join us for the AMA with RedGrid on October 17th. Submit your questions before the AMA on our Holochain Dev Forum.” IOST (IOST): 17 October 2019 Breeding Competition Ends “Join IOST 2nd Breeding Competition by @FishChainGame now! The competition only lasts till 17 Oct” Aragon (ANT): 17 October 2019 Seoul Meetup “You are invited to join @licuende for a meetup and presentation on ‘Aragon and DAOs: What’s next after ICOs and DeFi?’” Skycoin (SKY): 17 October 2019 NYC Skywire Meetup NYC Skywire Mainnet Meetup in NYC from 6–8 PM.

Encrypted project calendar(October 18, 2019)

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18. OKB (OKB): 18 October 2019 Rotterdam Meetup “Meet us in Rotterdam on 18 Oct as we partner up with Crypto010 Meetup to bring you a talk on ‘Decentralized Finance’.” HeartBout (HB): 18 October 2019 Android Version “18th of October 2019 will be officially released Android version of HeartBout app.” BTU Protocol (BTU): and 2 others 18 October 2019 Paris Blockchain Summit The event will gather major international key players of the Blockchain ecosystem including well-known influencers, investors, government…

Encrypted project calendar(October 19, 2019)

PI/PCHAIN Network: The PCHAIN (PI) backbone (Phase 5, 82 nodes, 164, 023, 802 $ PI, 7 candidates) will begin on October 19. LINK/ChainLink: Diffusion 2019 will be held in Berlin, Germany from October 19th to 20th DeepBrain Chain (DBC): 19 October 2019 (or earlier) Deploy Main Chain “Deploy Main Chain,” during the third week of October. General Event (CRYPTO): and 1 other 19 October 2019 Free State Blockchain “This “unconference” style event brings together some of the top financial tech innovators, researchers, company leaders, and other…” PCHAIN (PI): 19 October 2019 Main Chain Voting “Main chain: Epoch 5, 82 nodes, 164,023,802 $PI, 7 Candidates, voting will start on Oct. 19th.” Nash Exchange (NEX): 19 October 2019 Nash Anniversary Nash will present their work from the third quarter of 2019. Team members will be present and to answer your questions in person.

Encrypted project calendar(October 20, 2019)

GameCredits (GAME): 20 October 2019 (or earlier) Mining Reward Drop GameCredits mining reward will be cut in half at block 2519999 (~October 20). This will be the 4th halvening of the GAME mining reward!

Encrypted project calendar(October 21, 2019)

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money.

Encrypted project calendar(October 22, 2019)

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22.

Encrypted project calendar(October 23, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.” BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th.

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24.

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25.

Encrypted project calendar(October 26, 2019)

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS. BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st.

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.”

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.
https://preview.redd.it/kwx1zlfzcpr31.png?width=504&format=png&auto=webp&s=95ecc02a02a6b24d8ad27f27ceefec242bc9e065

Yesterday, we saw a minor downside correction in BTC below the $8,200 support area against the US Dollar. We also discussed a possible bounce as long as the price holds the $8,000 support area and the 100 hourly simple moving average. The price did stay above $8,000 and recently started a strong upward move. It is up more than 5% and surpassed the $8,350 resistance. Moreover, there was a break above the key $8,500 resistance area.
A new weekly high was formed near $8,691 and the price is currently consolidating gains. It corrected below the $8,600 level. However, the 23.6% Fib retracement level of the recent rally from the $8124 low to $8,691 high is acting as a decent support. Additionally, there is a short term breakout pattern forming with support near $8,540 on the hourly chart of the BTC/USD pair.
If there is a downside break below the $8,540 and $8,500 support levels, the price could extend its correction. The next key support is near the $8,400 level. Moreover, the 50% Fib retracement level of the recent rally from the $8124 low to $8,691 high is also near the $8,407 level. If there are any additional losses, the price may perhaps test the $8,350 support area (the recent key resistance).
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My PM convos with u/cicividivici

She always gave such amazing advice and contributed a lot to the old sub. She abruptly deleted her account around last summer and nobody knows why. Hopefully she'll come back again. And before you read on, keep in mind that this whole pm thread takes place over the span of a few months.
Subject: Quick question
[–]to [deleted] sent 1 year ago Now that I did that Mirror Method a couple days ago, do I continue to try to let go of this reality and perceive the new one or do I just completely forget that I did and let it come to me? I know you said that time doesn't exist but for some reason I have a feeling that "I need to hurry up".
[–]from [deleted] sent 1 year ago Whatever bursts of energy you feel or sensations of quickening, roll with it as in let your world unravel in its own way but focus on that ideal and not the reality. You have one foot in the old and one in the new. The operative word is "try" which sometimes can be a resistance. See and be in your world as it is desired. See nothing else except that.
[–]to [deleted] sent 1 year ago I have been feeling some strange sensations actually. Alright, I think I got it. Thank you
[–]from [deleted] sent 1 year ago How's the shifting?
[–]to [deleted] sent 1 year ago Unfortunately nothing still. I've been trying to forget thinking that it's a part of the process.
[–]from [deleted] sent 1 year ago In your mind, see your idealized self/reflection and walk through that reflection.
[–]to [deleted] sent 1 year ago Alright, I'll do that right now. If I don't reply to you in the morning, I guess that means it worked
[–]to [deleted] sent 1 year ago Nope. Alright, I think I know what the problem is.
[–]from [deleted] sent 1 year ago What?
[–]to [deleted] sent 1 year ago I think it has to do with my OCD. I keep on having these intrusive thoughts: if I can manifest anything just with a single thought, if I think of bad things those will also come true. So just about everything is making me afraid. One day I watched a horror movie and I'm still worried that somehow the killer could manifest. So I've just been afraid to "let go" because I could manifest one of my crazy thoughts.
[–]from [deleted] sent 1 year ago lol I've been there. I don't mean to laugh but actually resisting it is still a thought. Fearing it and saying "ok I won't think about it," is thinking about it. Approach the murderers and killers face to face. Then laugh in their faces. Give them your arm, let the chop it off and laugh. It's like a dream of falling. Right before impact, you wake up. I've pushed myself to impacting and I just wake up somewhere else in another dream. When you address the negative thoughts and walk right up to them and say, " I know you're not fucking real." They will run and backpedal because the thoughts and images in your mind know you've realized your power and are terrified of the machinations of your newfound power and it's ability to desecrate them. There's no negative--just your interpretation of it being so. It helps to balance your perception out. "As I walk through the valleys of shadow of death, I fear no evil for thou art with me." Death is a SHADOW. Like the reflections of branches of trees on your wall at night that look like monsters, they're illusions. "Thou" is the God within you that creates and commands all simply with thought. You can slay with a single thought. Close your eyes and see it.
[–]from [deleted] sent 1 year ago this is a good reminder to play in your background when in doubt. a lot of his lectures are very good refreshers and very visceral in some of them: https://www.youtube.com/watch?v=snGqjl38vVI
[–]to [deleted] sent 1 year ago Nothing can ever beat good Old Neville. Thank you once again. I'll let this sink in for a while.
[–]to [deleted] sent 1 year ago Another thing is that there's so many problems to fix that it's overwhelming. I'm trying to do damage control while at the same time there's problems that are coming my way. I know this is an illusion, but at the same time I'm still going to face consequences if I can't jump. You think jumping for a clear mind will work or something?
[–]from [deleted] sent 1 year ago You're thinking in conditionals before x, I must do/think y and thereby because I have all these steps to do on a mental plane, I'm never gonna get there because I'm blocking myself. *No. You're looking down a tunnel. From the point here • is you in this dimension and you see the dimension you desire. But you're looking at all the spaces and things and webs you have to crawl through (your mind, your blocks, etc) and you think you can't make it. The tunnel in your mind: Now •==============• Dimension B How you should try to think of it is: Compression. Bypass all those steps to where Now just melts into B. Now •|• B By acknowledging your blocks and illusions and not walking by and through them, you're creating more of them because you're so focused on the process. You're at the sliding doors of B but you're focused on if the mechanics of the door and your bodily matter and your speed will allow you to get through the door, and you're freaking out cause you don't want to lose your body and what if passing through the door steals your soul or what if you walk through and the door refuses to open, etc... when all you have to do is just walk through. Forget right here with every fiber of your being. And keep walking through and trust that you've made it. You're already there honestly.
[–]to [deleted] sent 1 year ago Haha, you don't even know how much that example sounds like me. Thank you.
[–]from [deleted] sent 1 year ago I've been you. Happy to help.🙏
[–]to [deleted] sent 1 year ago Hey, I've been taking some time for myself to figure things out. But I figured out that my life is pretty much an interconnected web of shit. There's no way I'm going to be able to fix every detail with "smaller" jumps and have to wait weeks to months for that one thing because that would take years. Do you think that it would be a better idea to just go for a "big" jump for a better life? I know it sounds vague, but I'm thinking of keeping some key things in mind that's making my life worse and just jumping to a reality where it doesn't effect me. I understand you've been really successful in making your life better through DJ, so what do you think of this?
[–]from [deleted] sent 1 year ago It's an interconnection of what you are trying to believe as true and what you've cemented as true. It comes off looking like shit because it's nonsensical to your ultimate intent and goal. Right now, it seems, you're trying to unravel knots within tangled cords and wires and the more you try to jump, it appears, you make new knots for yourself perhaps? I have found that big jumps, like manifesting events, are always ideal next to the smaller ones for some people, but with that, you must accept that the smaller things will come as they may. Fixating on the smaller things become moot when you see the results of the larger jumps and how they alter and oftentimes fix the smaller jumps you thought mattered so much. When you make the big jump, you have to abandon yourself "here" and completely merge, mentally and emotionally with yourself in desired space. If you've ever smoked weed or even a cigarette, that lightness and just floating sensation is similar to how you make it feel. You let go entirely of HOW it will turn out, you just go there. "Operating at high tension, an imaginal act is an immediate objective fact. Key it low, an imaginal act is realized in a time process." Hold the vibration of that desire.
[–]to [deleted] sent 1 year ago Thank you. So you're saying to make the jump, hold the vibration, and to not focus on the smaller problems?
[–]from [deleted] sent 1 year ago Live in the outcome of the jump. You're fast forwarding through the scenes you are in now to THE END of this play. The smaller stuff you're getting hooked on are props and lines within the acts of your play. The little stuff that you're focused on is creating conditionals. You need B to get to C. No you don't. Just get to Z. Zoom through it. The letters in between don't matter.
[–]from [deleted] sent 1 year ago Here's an example, if I am jumping right now to a space where a former partner pays me, the scene is this: We are sitting across from one another, and he apologize profusely for the delay. I hear and see the words, "Cheech, I'm so sorry for everything and this is long overdue," with sorrow at his misdeed but relief at having the opportunity to finally right the indiscretion. He has salt and pepper hair, and a white shirt on. He's a bit sweaty because he's nervous and he gets sweaty quite often. There's a knack of defiance because he knew that I doubted him but he's proud of himself to prove everyone wrong. The vibrations of his words coming from his lips tickle my ear a bit, as he reveals the certified check of seven-digits. "Cheech, check your email as well" he haughtily utters, "I've added a little more for you through bitcoin." I look at him without saying a word and take out my phone, and check my email. Surely enough Coinbase has informed me that I have BTC in my account, the value also in seven digits. I look back at him as he doesn't break his fixed gaze on me, observing my facial movements so as to gauge my reaction. I feel goosebumps because the moment is surreal but one that I had always known was inevitable. I am overcome with gratitude but I conceal it well with a balanced composure. With my legs crossed, and my hands cupped together, placed gently on my lap, I look at him directly in the eyes and say "Thank you Scott." I feel the wooden seat beneath me, the darkened dining hall we are in and the sun beaming in from the periphery windows. The weight of worry, anger, resentment, hatred, fear instantly evaporate from my entire being and I am overcome with absolute relief, happiness and an unbounded feeling of being limitless. I'm almost dizzy with excitement and elation. I tell him thank you again and apologize for the acrimony and vitriol we spewed at each other over the years, "You're still picking up the bill," I respond with coy snark. He laughs and I proceed to order and Irish coffee as he smiles. I've decided to loosen up a bit. Get all the way into the scene you desire to live and feel. And then replay it over and over, feel EVERY element.
[–]to [deleted] sent 1 year ago Well, I was thinking of a past altering jump rather than a manifestation, but I'm sure it can apply to both. On the other hand though, after all these months, I realized that I don't have to change the past to achieve my main goal. I just have to let go of the past. I appreciate the advice and the example, I know the perfect thing to use this on.
[–]to [deleted] sent 1 year ago Actually, could I jump to have never met somebody?
[–]from [deleted] sent 1 year ago Addressing your last question in this one as well. Because the past is a major source of inspiration for you, REVISE the pivotal choice or choices you made. Like editing a film, insert yourself into that space and time and play it out visually how you would have wanted it to go and feel it with every orifice of your body. This will not only help you let it go but override the sentiments that have been lingering in regards to what you wished happened. Feeling it, walking through it and speaking the words you would have liked to speak actually brings out some gnarly results if you can make it real in your sentient experience. Re: your question, "Actually, could I jump to have never met somebody?" Yes but if you hold any negative emotion towards them, it's harder. Go back to the space where you met them, and meet someone else in that space, OR go to where you met them and rejected the encounter (mentally and verbally, cutting the convo short, leaving a party, etc) and carried on with your day. Take an entirely new trajectory.
[–]to [deleted] sent 1 year ago Like the "cutting shears of revision" story by Neville? I never really thought of trying it on something bigger like to this, awesome. Sorry for the all over the place questions, by the way. I've just been really confused lately. Like I've studied all of this stuff for months, I've talked with George himself, read almost every post, done tons of reading, but when it comes to actually applying the knowledge to improve my life, my brain just goes dead. It's crazy.
[–]from [deleted] sent 1 year ago Yes, pruning your garden is one way to look at it. Neville's way it quite good cause it enables you to undo what looks finale. There's no finality in your world, just revisions. This is a good one by him: https://www.youtube.com/watch?v=YccI-t1yojk No worries about feeling scattered. It's normal. You just have to compress all the things that seem pressing, impossible and just overwhelming. You have the mute button. Studying is one thing, but the application can be the trickiest. I do a full system wipe for myself to get to my goal. It autocompletes based on the elements you seek most. But nothing you truly want or love ever leaves, so hold no fear of that. But I feel like you need a complete reset but that you trust can be so.
[–]to [deleted] sent 1 year ago Mute button? And what do you mean by complete reset?
[–]from [deleted] sent 1 year ago Project your life on a screen right now. What do you see? Mute it and just watch everything pass--all that you love, hate, that which leaves you indifferent. What would you change? My hunch is a lot. In your case, if you could shut the television off and tune to a different channel that's your life, which elements would you keep? What does the background of the show within the channel look like? Mute the elements you're done with and focus on that the few you would keep. Paint the new scene.
[–]to [deleted] sent 1 year ago Hmm, that's interesting. Just go over my whole entire life like that?
[–]from [deleted] sent 1 year ago No. Your life right now.
[-]to [deleted] sent 1 year ago Alright, from there I just keep that frequency?
[-]from [deleted] sent 1 year ago Yes
[-]to [deleted] sent 1 year ago Thank you, I'll update you.
[-]to [deleted] sent 1 year ago Well, I've basically dreamed out the perfect life I wish I had experienced the past couple years. Would it help to put a label on it and/or jump for it?
[-]from [deleted] sent 1 year ago Follow your intuition but whatever helps you attach to that image and feel the experience, you should but after the process, let it go.
[-]to [deleted] sent 1 year ago Alright, appreciate it!
[-]to [deleted] sent 1 year ago I said I'd up update you. So a couple days ago I decided to do the two cups on my desired past/present after mastering letting go. I haven't seen any changes yet, but my manifesting skills have improved tons. Everything I manifest comes true almost instantly, which is awesome. Still waiting on the main jump though.
[-]from [deleted] sent 1 year ago It's amazing isn't it? I've actually been inundated with messages but I always look out for my regulars like you and it's actually dope to hear some of you are keeping with it. Hindsight is 20/20 and you'll soon hit a point where you'll get why you had blocks. Your major jump will work seamlessly and as you practice with the smaller stuff, you'll find you slipped into the major one without realizing it.
Remember, every perceived block is just a call to keep pushing. The instantaneity will be your norm. And it's endlessly reassuring. You'll also be teaching this to others with great ease.
No matter what, even if you're encircled by fire, your mind is your magic wand.
Keep me posted.
[-]to [deleted] sent 1 year ago I sort of understand why I have the blocks, it just kind of sucks right now. And it's funny what you said about the fire, because I still don't feel like I can rely on it. The main thing I jumped for seemed to have gotten worse somehow about two days ago and I felt really helpless. It got pretty bad to the point where I thought that I'd rather die than have the jump not work, and the moment I thought that (I know this sounds crazy) it's like my heart threatened to stop itself. Sort of like that experience I told you about way back. I just find it weird that I'd be able to manifest my death instantly, but not a better way out.
Will definitely do.
[-]from [deleted] sent 1 year ago You're able to manifest death instantly because it was a fact you were so certain of--death was better than non-completion of the jump, and you let go without hesitation because you had a deep certitude. See how it works? Take that certainty you felt so deeply that your heart gave you that actual option of stopping right then and there and transmute that feeling into the jump. Remember that certainty and what you did when presented with it. Use that sensation and sudden surge to cross seamlessly into your desired state/dimension.
Sometimes it has to get bad before it gets better and then from there you truly do rocket through so many layers. You just have to build that momentum, which it seems like you're really doing now.
[-]from [deleted] sent 1 year ago BTW, you'll never die. You're immortal. You'll just keep coming back until you "get it" or master that you're always in control in every single aspect of your beingness.
But the way you stated that you'd rather die and that was an absolute fact to you, your heart threatened to stop. Use that concept of "it's a fact that I'd rather die" and replace it with, "It's a fact that I am _____________" [say the place, person, thing, state, sensation you seek]. MIMIC that feeling of it being an absolute, uncontested certainty that you feel and know in every part of your heart and soul.
[-]to [deleted] sent 1 year ago Would I come back as a different body though? It'd really suck to lose all the progress I've made so far and not remember.
And does it help to be emotional about it? Because I was on the verge of tears while thinking that.
[-]from [deleted] sent 1 year ago If you're emotional about it, then don't dabble with it. You're attached to the body and the concept of yourself still in this body. Ideally, you'd phase into a specific spot in the loop of your existence and replay the part you'd like, oftentimes not even remembering you died. It takes great detachment from the concept of your body, great control and trust in yourself to navigate it.
Work through the grief and fear. Ask yourself why you feel this way and recognize all the constructs you have that's causing you to feel this way are illusions.
[-]to [deleted] sent 1 year ago So like "The Discovery"? And sorry for the wait. I actually had an asthma attack and had to go to the hospital, ironically.
And I'll try my best to investigate, I'll tell you what I find.
[-]from [deleted] sent 1 year ago Very similar to the Discovery. The only reason he was able to see all the times he died was because he made the conscious decision to go there by entering his father's machine. After rejecting it for years, he said fuck it after Ayla died. And through that free will of choice and choosing to explore "death," he was able to see an entirely different perspective of what it really means.
So you're exploring it and even your asthma attack is an extension of that too--you're on the precipice of leaping/you already have leaped and the fear of the unknown biologically grips you. It's a normal reaction because we've all been conditioned to fear death. Humans are leveling up right now but the growing pains are difficult for many.
[-]to [deleted] sent 1 year ago I mean, I don't think I fear death that much, I just don't like the pain that usually comes with it. I've almost died a couple times, but the last time I was hospitalized for asthma, and I was so close to dying. I mean, I just couldn't breathe. Imagine breathing through a coffee stirrer for hours straight and it even hurting while doing so. It was a very scary experience.
But as for what's keeping me from jumping, I'm clueless. I don't know if I told you why I'm jumping, but my life is a mess: I've always been a good kid, thinking of the consequences to actions and whatnot, I dunno what happened. About two years ago I started spending so much time on Reddit and not making good choices, I met some bad people, I sexted (even though I was underaged), and spent so much time that my school average took a dive, and I barely talked to my family anymore. My mom took my phone and pretty much made my life hell for about a year, and still doesn't see me the same (nobody does, really). I never had much of a good family anyway, now that's down the drain, I've been doing better in school, but I don't think I can get back to where I was, my social life is shit (my mom is to blame here), and I forgot to add I've actually been catfished and emotionally abused here that still kinda hurts to think about.
My jump will basically be an alternate reality where none of those things ever happened. Although, I don't know what's stopping me. I realize these are just experiences and I can choose a different one if I desired. And I realize I'm the sole creater of this reality (well, me-as-awareness), and I've even manifested people to straight up tell me that they're not real. I understand I have to be patient, I just don't get what's taking so long.
[-]from [deleted] sent 1 year ago So you have to revamp the way the you think. Key phrases, "I don't like the pain that usually comes with it?"
Says who? Who says there's pain? How do you know there's pain? Have you died yet? You have preconceived notions about death already that cement you in that space. You haven't reclaimed your mind. Death is anything you'd like it to be. Whatever you expect is EXACTLY what it will be, so start at the root of it and change the way you think or what you expect. Believe you can or you can't, you're right either way. Death for me is a jump, a shift, or worse, a fucking loop back into the same space where I know intuitively I have to choose differently.
When you catch yourself panicking and being engulfed in fear that this is it, stop yourself, stop time and remind yourself this isn't real. I've choked several times, twice in front of people and stopped them from pumping me and just pumped myself till the lodged food and pill came out.
"But as for jumping, I'm clueless."
You're not clueless. You're just bound by limited thoughts and experiences and the eagerness to get out leaves your energy centered in the rejection of the current state rather than the insertion and immersion into the desired state. They both have the same power but the attention to which you pay to either is the one that decides. If you can manage to literally ignore your entire world now and remember it as a dream, you can shift the ENTIRE image rather than the little things that you believe need fixing--from the drama with your mom, your friends, being catfished, etc. You need a complete override where your entire setting changes. How old are you? You literally have to let every single facet of that go.
Read the book, "There are no others" on Amazon. It's 37 pages. It's quick but a solid reminder that if there are no others, then this is ALL you.
[-]to [deleted] sent 1 year ago Funny, because Egyptians actually believed that about death. I'm not so sure what's bad about knowing you died though. You describe it like going respawning back at your last checkpoint like a game, right? But you're right, there's nothing that I should fear.
And you mean let go of everything including my age, or you were legitimately asking?
I'll check out the book though.
[-]from [deleted] sent 1 year ago There's nothing bad about knowing you died but coming back to a checkpoint you want to surpass or transcend could be like where you are now... can feel like Groundhog Day. You keep looping and any choice you make, shift you take keeps you in the same repetitive cycle and you don't know which is the beginning nor the end or even how you got there.
Do you know that you're at a checkpoint you keep repeating? Death just keeps bringing you back until you choose differently...or in my case...I didn't choose at all.
Pay attention. "Déjà vu" is a hint you've been there before and there's been a shift. Always do the opposite of what you'd normally do and if caught in the binary...do nothing. Let go. That's the best way to crack the illusion.
[-]to [deleted] sent 1 year ago Ah, I understand now. So how do you avoid it?
And about what you previously said. It's hard to not focus on my undesired reality since it's always in my face. I try my best to just avoid it, and not pay attention when bad experiences arise, but lately I find myself just stuck in exactly what I'm trying to avoid.
[-]from [deleted] sent 1 year ago Self-abandonment. I never get attached to the space I'm in or the reality I'm in unless I want to. I see myself as a floating being who can shift from any moment to the other--that allows me to let go. Whatever is in my face can easily be effaced and erased. And upon starting that, it is.
[-]to [deleted] sent 1 year ago Ironically, the person who catfished me messaged me right before you did and deleted the account. Talk about burning fire, eh? I haven't heard anything about them since February and I've been praying it stayed that way.
So should I get away from Reddit and stop talking to people for some time? I felt like I've been meditating all night on the new reality, should I continue that as well?
[-]from [deleted] sent 1 year ago So what you're witnessing is manifestations happening immediately. Having spoken about the catfisher yesterday in your messages to me and probably having a visceral conscious or subconscious reaction/remembering that trauma literally manifested their phantom back into your mindspace and now your "live" space.
You met them on reddit?
I've actually been contemplating holding a meditation/visualization session for a few of my regulars where we meditate in tandem--not on the same thing but knowing you have a partner who is co-creating with you even if it isn't about the same thing I have found to be very helpful. Yes, ideally if you can isolate yourself for a prolonged period of time, even for a day, renders amazing results because it's focused and then you let go with ease because you've experienced it for a very long period of time.
[-]to [deleted] sent 1 year ago That sounds about correct, and yes I did meet them here. Surprisingly there's a dark side of Reddit.
And I like the sound of that, I've thought about that idea before. I'll also try to isolate myself again sometime soon.
[-]from [deleted] sent 1 year ago Reddit can be a shithole of dark people eager to spread their own misery and unhappiness but it forces one to also check one's inner voices and doubts because this a perfect spectrum for that. It's a literal mirror for me.
A day of isolation and visualization can render unbelievable results honestly. I do it remotely with people. It can be super trippy.
I'm gonna ask you a question. Don't think about it. Just answer the first thing that comes to your mind after I've posed it.
What color pops into your head right now?
Don't think. Just answer. Don't change the color you see and feel. Just answe.
What color do you see? Feel? Read across your eyes?
[-]to [deleted] sent 1 year ago Well fuck, if that's the case I guess there's a lot I need to change about myself.
But as for the isolation, I'll definitely try that this weekend. I'll be leaving for this summer as well, so there's that.
I'm gonna go with teal...?
[-]from [deleted] sent 1 year ago No, just catch and pass through the things you think. Deal with it as it comes rather than trying to revamp your entire self. Just watch your thoughts and pay attention to how it's reflected in your external world.
Isolation is invaluable, but also know that it's normal to get distracted midway, want to move around or completely "take a break," or not do it at all. The way you can watch TV with your eyes, watch the TV of your life and visualizations in your mind. Live it, feel it, immerse yourself in it until you have no desire to change the channel because it is real and self-directed
The color was green. Very close. I sometimes pulse images, words and thoughts to people I chat with on here, just to see how open they are.
[-]to [deleted] sent 1 year ago I suppose you are right, it's a direct reflection of my thoughts. But again, it just continues to rise in my experience, which I don't want. I'm still working on a detachment.
I definitely will do this. When should we try the meditation?
That's interesting, does it work often?
[-]from [deleted] sent 1 year ago Just reading this. We can try whenever you want, but key things have to be defined for you so I know best how to form it and phrase it so you hold that image and intent firmly in your mind.
[-]to [deleted] sent 1 year ago Oops, just read this as well. I guess I could do it on Monday, I need a day to figure things out.
[-]to [deleted] sent 1 year ago Well, that day for myself was nice. I think I've got the idea in my head of the reality I want to experience. I went over some particularly bad situations and played new memories over them and I now have an overall idea of how I feel in my desired reality. Another thing I've been trying to get the hang of is the idea that that reality does exist and that I can experience it, because for the most part it feels like fiction.
[-]from [deleted] sent 1 year ago Another thing I've been trying to get the hang of is the idea that that reality does exist and that I can experience it, because for the most part it feels like fiction
It feels like fiction because in this point in time, we are stuck in a temporal loop. I woke up this morning and discovered something that I had effaced weeks ago, intentionally and clearly. It reemerged again, exactly in the same spot of a picture reel I had. So you're not going crazy but there is an entanglement of sorts taking place. I am one of the clearest jumpers I know and there have been many alterations to the collective timeline of humanity IF you abide by their matrix. I slip in out of theirs and mine. This is why I always say manipulate time or yourself.
But the feeling that it's fiction isn't false. You went from asleep to awake and the whole point of this matrix is to keep you asleep. Keep pushing and altering. But this morning was definitely a wake-up call for me.
[-]to [deleted] sent 1 year ago Well, I decided to do the two cups yesterday. From "problematic" - "escape" because honestly, that's what I need right now. I conjured a really good image after doing that TV exercise, which is really hard for me and just did the ritual. I'm really hoping it works this time because I've done this countless times with no effects. It might be the lack of faith, I don't know. I just want this so bad, and the thought of not being able to escape my shitty situation is something I fear.
Something different I'm doing though is getting back into LoA. I honestly abandoned it for a while once I found out about DJ. I need to work on the long term after I do my jump. Because for months I've been thinking "I need to jump to this alternate reality if I want to continue with my life" and all I've been thinking about since February (sorry for changing the topic, but holy shit February was never spelled that way for me... That's crazy) is this one jump. This is a big time in my life as well, I'm graduating soon and I need to think about my future. But I've just been here only thinking about this barrier and how I can jump to get past it, that can't be healthy.
[-]from [deleted] sent 1 year ago LOA and Dimensional jumping are the same. LOA is compartmentalized frequently. DJ is world shifting.
Your future is your NOW. The more you think of the barrier, the more you cement it. Observation/thought is creative so you're just creating it more. Remember what your energy is.
[-]to [deleted] sent 1 year ago It's been working, and I've learned tons more about reality since a last spoke. Everything I've learned has sort of finally clicked after I watched this video over and over again.
[-]from [deleted] sent 1 year ago This is some of the best news I've heard. You made my day.
I've watched this video. It's amazing. I feel like we've talked about this before, no?
[-]to [deleted] sent 1 year ago Haha, glad to hear it.
Yeah, but I found that every time I watched it, I got something new out of it. Such as allowing my barriers to work to my favor.
[-]from [deleted] sent 1 year ago Welcome to the club.
[-]to [deleted] sent 1 year ago Yeah, my life has been improving tremendously so far. Instantaneous manifestations. Nothing on the main situation yet, but hopefully soon.
[-]from [deleted] sent 1 year ago I've been watching the universal line and the recent 3 minute video on money manifestations. The definition changes every time I view it.
[-]to [deleted] sent 1 year ago Nice to hear from you. Yeah, I saw that video as well. If I forget something, I watch that to refresh the info. I wasn't kidding about finding something new every time. Hope you had a great July 4th!
[-]to [deleted] sent 1 year ago Hey, do you have any advice on manifesting faster? I remember what you said about redefining time and that it should be like a projector, but I might be struggling with that.
[-]from [deleted] sent 1 year ago Letting go. Set it and forget it. I wish I had better or more visceral advice other than setting and trusting the process with every iota and fiber of your being like you trust that air fills your lungs.
[-]to [deleted] sent 1 year ago Thank you. I'm going to be taking a break from Reddit for a few weeks, so hopefully that will make the process a bit easier.
[-]from [deleted] sent 1 year ago Just had another redditor message me about the negativity and denial of the jumps on the board too. I told her it's nothing that should discourage her rather its people still trying to find their stamina but also who are also unwilling to do the mental work to push through blocks and seek to inundate the board with their negativity.
If this is your experience too, remember this is your subconscious testing you. Watch it, read it and e lad that mindset isn't you. Walk right through it, wish them well and keep remembering all those times you manifested with amazing ease.
[-]to [deleted] sent 1 year ago I sort of needed to hear that, thank you. I'm trying to have complete faith in my jump, but I've never really been good in having faith in anything so it's been tough. A few days ago I felt like giving up completely, but I pushed trough that. I keep on feeling that by having any sort of doubt, it gets rid of all the progress I put in, that's something they teach a lot in the occult that stuck with me.
[-]from [deleted] sent 1 year ago It doesn't get rid of it but it interferes with the smoothness of the manifestation and delays it but it's a normal process and expected. Usually when it all seems to be going south, it's a sign it's going north.
The lull phase is worse than anything. Purgatory is the true he'll. But keep pushing. 🙏
Even when you do give up, you never forget what you know so you always come back and the progress isn't undone. You're the teacher and the student at once.
The paradox of life. You always decide.
[-]to [deleted] sent 1 year ago Funny thing, I'm reading the second book of the Divine Comedy, "Purgatorio." I really appreciate your advice!
[-]from [deleted] sent 1 year ago Synchronicities abound today. We all mirrors of each other.
[-]to [deleted] sent 1 year ago Yeah, I can really see that.
And I'm not sure where these messages fit in the convo, Reddit always messes up and puts stuff in the bottom for some reason
[-]to [deleted] sent 1 year ago Well, I probably won't be on here for a few days, and see where the isolation and my intuition takes me. But when you told me to "think bigger" and not jump specifically for the smaller problems, that struck a chord with me. Now I guess I'm back to square one again, figuring out what to jump for. Sorry for being a mess, I can't imagine anyone has taken this long to jump. I'll update you soon.
[–]from [deleted] sent 1 year ago Think bigger in that the possibilities and ways in which it could manifest. If you're stuck on it happening a certain way, you're limiting the endless possibilities in which it could happen.
Say I want seaweed. By stating it, I don't care how it manifests in my lap instantly, I just know it just does. A couple minutes later I may get some random cash and suddenly while I'm at the market, I pick some up or a neighbor I run into while throwing my trash out says, "hey I have some extra seaweed. Want it?"
For instance, I want to date one particular guy I met on Friday. I've stated it to the universe that Dmitry from my cobbler's shop is my boyfriend here and now. I don't worry how the particularities align for us to reconvene or meet again, but without much thought/focus/attention it will manifest.
Forget the how. Just let it happen.
[-]to [deleted] sent 1 year ago I'm not having a problem with that, because I can't imagine I could be picky in my situation. I'd probably just wake up and find myself in a different reality. I guess my issue is believing my past can be changed. It's a really deep thought that I cannot. I've made really bad mistakes and I'm still living with those consequences. It's hard to imagine an alternate reality where they don't exist. But I'm organizing my thoughts now so I can do that TV exercise you explained, so here goes.
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Bitcoin beats the Coinbase bundle! Cryptsy settlement, Twitter tipping? Bitmain, BSV, King of the Ts

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