[e-gold-list] Re: another prediction

2003-09-15 Thread Danny Van den Berghe
 I understand what you are saying but it is irrelevant to the question of
 currency effect I brought up.

 Not that it matters, but ...

 Only irrelevant because you constantly change what you are saying.


No, I have been talking about the same currency effect all the time.




 Here's something simple for you to follow along...

 Say a business starts making 50% of the profit from a given customer.

 But the number of customers increases by 100%.

 End result, same profit.


Yes, that is a possible example. Had the currency effect not decreased the
profit per customer by 50%, the results who have doubled.
So, just because the currency effect was neutralized by other factors does
not mean it does not exist.


 This is fairly basic.  Something like the gold price changing would
 affect a property like TGC (or indeed -- IG systems generally!!) in
 many ways.

That is obvious, but it doesn't do away with the currency effect, which is
part of basic economics, whether you want it or not.

And don't forget that it is a knife that cuts both sides.
If the price of gold goes down, you will receive more ounces of gold for
that same CD you are selling at fixed '$ worth of gold'

At the TGC people will easier bet 1 gram stakes if one gram is $12 , than if
1 gram is $120
If 1 gram is only $1 , more people will do 5 or 10 gram bets...



 Also, again not that it matters,
 But what I do know is:
 Somebody who hears about TGC and signs up, goes to a market maker and
buys
 $1000 worth of gold to blow it in the casino.
 At current price of gold he takes a little less than 3 ounces to TGC.
 When the price of gold doubles, he will go with only 1.5 ounces.

 no matter how endlessly you state something, it doesn't make it true
 Danny! You have no idea at all whether the typical TG player works on
 a dollar basis, or a weight basis, or what type of player comes in
 which percentage, etc.


That's true.
But we have pretty good idea that over 99.9% of people's incomes are
denominated in dollars (or yen,..) not in grams of gold.
When the price of gold jumps 20% (like it has done over the last 3 months),
people's income does not necessarily rise accordingly.
When the price of gold falls 20% (like it did earlier in the year), the
average person's income is not affected.
People only bet a certain % of their budget (=income), a % that has
historically fluctuated very little. That's why casinos typically have very
stable revenues and profit.
This means 99.9% of people have a fix dollar (or yen, euro) amount available
for gambling every month.
This fixed dollar amount means less gold if the price of gold is higher.
The currency effect is inevitable, every economist knows and accepts it, and
every international company calculates this effect on its business and tries
to hedge this risk.





 But again -- perhaps I'm explaining this poorly -- let's say your
 point WAS COMPLETELY CORRECT.  (ie, we can magically know this.)

It is nothing magical. If a company has a division in Europe, doing a
certain amount of business.
Their business may go up or down during the quarter, by whatever factors,
but when the revenues and profits from this division are brought back to the
usa, they are translated from Euro into dollars, so that totally depends on
the exchange rate.



 You still have no clue what the final outcome will be - as there are
 many other factors.


There are a plethora of other factors, many of them difficult to predict.
That's why I said: everything else being the same, TGC revenues and profits
would decline
by 50% in gold terms.

Everything else being the same, we put all these other factors temporarily
aside, and we talk about currency effect 'pur sang'
Also note my use of the word would decline

It is just like meteorologists will sometime discuss different factors
influencing the weather seperately. They may talk about the general effect
of atmospheric pressure on the weather, regardless of all other factors like
temperature.
They may say : everything else being the same, higher pressures would bring
good weather with clear skys, lower pressures would bring clouds and rain.

This is simply part of scientific method.
When a complicated matter is studied, they will try to set one factor apart
so that it can be studied and perhaps quantified.




 if something spectacular like gold went to $4000 its imposisble to
 say what would happen -- IG systems themselves might explode in
 popularity (by 100s of times, not merley 4000/380 times), or indeed
 they might totally go away!  That growth or failure of the # people
 using IG systems may (or may not!) affect the # of users of (say) TGC.

 If you don't understand, i can't explain any more - good luck!


You are discussing here some of the factors I put aside, when I talk about
currency effect.
But no matter what happens to the #users in your example here, when they put
an order with their market maker for $1000 worth of e-gold, they will get
only 0.25 ounces at $4000 gold. That is 

[e-gold-list] Re: Danny's $130 !

2003-09-15 Thread Danny Van den Berghe
  This turing image does not defeat the automatic attack. All I
 need is a screen capture of the turing image combined with some OCR
 software, quite simple.

But Danny, it's not quite simple at all!
You're simply wrong!  I'm sorry!
I'll give you $100 right now if you can set up your computer to
 convert Jay's turing image to ascii text within a day.
Go for it!  EOQ


Note above that the topic was about automated attacks on e-gold accounts.


 As I said to you at the time, endlessly, I am sorry if you
 misunderstood, or there was a misunderstanding between us.

 The whole context was that of something that worked on the web, on
 servers -- where the imagined hacker would feed it in and get the
 number.  And where everyone can openly try if it works.


There was no misundertanding at all.
Before you gave this challenge I had been saying that the turing numbers on
the e-gold site are worthless, and easy to crack. So, they are not effective
in stopping automated attacks on e-gold accounts.
You were very insisting that cracking these turing numbers was very
difficult, and gave the challenge posted above.

Now, you don't do automated attacks by putting it on a webpage where people
can go and feed in one of the turing gif images, so it returns asci text.
What would be the point?
Automated attacks will be done by a little application on my computer. This
application will connect to the e-gold login page via the internet, it will
take out the turing gif image and convert it into asci text, so that the
form can be filled automatically, without human intervention...

Once I have created the code for cracking the turing images, the rest is
just routine programming...

My computer converts turing images into asci text. That is what you asked
for in your own words above..
If you expressed poorly, that is not my mistake.




 I appreciate the brain of your invention is in the code, but
 there's not much value unless you stick it on the web so everyone can
 use it.


The visual basic program is still available complete with source code.
Anybody can see it works, and adding a few lines of code you can start doing
automated attacks with it. That's what the discussion was all about..



 As is unfortunately often the case, a lot of what you say is simply -
 bizarre, Danny.

 (*) it might take you 4 or 5 minutes to make your cool program work
 on a web page.

 This is not much time in the typical context of fun bets that happen
 on the e-gold list.  Maybe someone will do it for you.  Why not just
 do it?


The challenge asked for setting up a computer to convert turing images into
asci text, and that's what I delivered.
I am not going to do any extras for $100.




I'LL STILL HAPPILY PAY 
$100 waiting!
 Sorry, but in February 2002 gold was at $290 an ounce I am also
 suffering from the same currency effect I have tried to explain you.
 That $100 would have been 0.34 ounces back then. Which is $130 at
 todays rates...
 
 Cheers
 Danny

 If the actual DOLLAR FIGURE matters to you (for God's sake!) I am
 happy to jumble the digits and up the payout to $310, how's that!  I
 think it would be charming to pay out after so long.


It is the OUNCES FIGURE that matters to me. 100$ at the moment you lost the
bet, was 0.34 ounces.



 incidentally you don't need a screen capture, its just a gif that's
 there already, as a gif.

Indeed. Cracking the turing images proved much easier than I thought.
No screen capture or OCR software was needed.
That's probably why the images have been improved by now.


Danny








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[e-gold-list] Cracking the Turing number

2003-09-15 Thread FileMatrix
Danny,

It seems to me that the first thing one does to protect a system from
automated attacks is to forbid access attempts to the same account more
than once every x (say 10) seconds.

This means that even with constant attempt to crack the password and the
Turing number, the cracker can't do his job in real-time.

For example, I use a randomly generated password. The probability to crack
it is about 1 in 10^32 cases. Even if someone has a simple password, say 10
characters long, the time required to crack it would be over 10^16 seconds.

So, cracking the Turing number is useless (if the system is properly
secured).


Regards,
George Hara
www.filematrix.xnet.ro




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[e-gold-list] Re: Cracking the Turing number

2003-09-15 Thread Craig Spencer
George, 

 So, cracking the Turing number is useless (if the system is 
 properly secured).

You are missing some history.  You see, a couple of years ago people
WERE making automated attacks.  These attacks may have been useless; I
certainly never heard of them succeeding in stealing anything by them.
 But the constant attacks were VERY irritating to all e-gold users
(and, presumeably, wasted e-gold's system resources).  The Turing
numbers were instituted to stop the attacks, not to prevent them from
being successful.  Being able to do automated reading of the Turing
numbers would have allowed the attacks to be resumed.

Best,

CCS

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[e-gold-list] Re: Cracking the Turing number

2003-09-15 Thread FileMatrix
Craig,


But those people can consume E-gold's resources with or without the Turing
number, just by trying a connection. I mean, the system must check for both
the Turing number and password, so, even if the Turing is cracked, the
system still has to check a random password and thus consume resources. If
there would be no Turing, the system would (again) have to check the
password. So, against a determined cracker there is not much to do, except
check the IP and the accessed account before the Turing and the password.


Regards,
George Hara
www.filematrix.xnet.ro




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[e-gold-list] Did the Framers Favour Hard Money?

2003-09-15 Thread zenbiker
Of interest:  Historian Scott Trask's piece on the attitudes and actions
of America's founders with regard to sound money and banking.  On the one
hand, they believed in fractional-reserve banking, generally following
Adam Smith's currency and banking theories. On the other hand, they were
resolutely opposed to government-issued paper money, fiat money, legal
tender laws, inconvertible paper currency, and land banks. On the question
of a national bank, they were divided.

The full essay is here:

http://mises.org/fullstory.asp?control=1324


Frank




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[e-gold-list] PayPal/eBay Warning

2003-09-15 Thread zenbiker
Not that it is any suprise, but I do wish that people would take the
ongoing history of PayPal into consideration and not use them, ever, for
anything.  This is a company that has stolen more than US$ 30,000.00 from
me personally, having locked an account more than two years ago for
as-yet-unspecified suspicious activity.  Horror story after horror story
can be found at http://www.paypalsucks.com and http://www.nopaypal.com

I just received this from an associate of mine who is learning the hard
way about this company's tactics:

I wish to inform all *** members and friends that they should stay away
from
Paypal and eBay Inc.

These two companies are aiding and abetting hackers to steal money from
their
customers account.

...

Paypal has repeatedly withdrawn funds from my bank and credit cards to
make
unauthorised payments for products I did not order for. The amount is
running
into several thousands of dollars, the recent was yesterday, Friday. The
sum of
$1,750.00 was taken from my account and made payable to people that Paypal
is
not ready to pursue for further investigations. 

...

I’m pressing charges against Paypal and will be talking to a lawyer on
Monday.
Please spread the news to all Paypal customers and ebay lovers to beware.
They
may be the next victim.

Regards,

J***

If you want a fiat alternative to Paypal I recommend
http://www.moneybookers.com .  Why anyone does business with PP is
completely beyond me.


Frank




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[e-gold-list] Re: Cracking the Turing number

2003-09-15 Thread Craig Spencer
On 15 Sep 2003, at 20:20, FileMatrix wrote: 

 But those people can consume E-gold's resources with or without the
 Turing number, just by trying a connection. 

Perhaps so.  I don't know if they are but I doubt it since the Turing
number eliminated their incentive to do so.  In any case it did stop
all the irritating false attempts to log into my accounts cold so I
was very glad they did it.  

Best,

CCS



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[e-gold-list] Site update

2003-09-15 Thread admin
ADEPT-HOSTING.NET has updated its website. To improve service and simplify
the process of signing up for websites and co-location services, we have
installed a database driven website.

Our new site includes a client invoicing section *and* a helpdesk!

We continue to provide anonymous and privacy-oriented website and server
hosting. We accept E-Gold, NetPay, E-Bullion, GoldMoney and VirtualGold.

http://www.adept-hosting.net



Thanks!

- Ken

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[e-gold-list] PayByGold celebrates 1 year online!!

2003-09-15 Thread promoter
Dear Clients and Friends, we wish to share with all of you this very
important moment: it was exactly 1 year ago, september 15, 2002 that we
'plugged in' www.paybygold.com and started processing orders!!

This year has been full of events and accomplishments for us here at
PayByGold.

We started out trading a few ecurrencies and offering limited
deposit/cashout options. Now we have expanded to trading EGold,
Ebullion, Pecunix, GoldMoney, VirtualGold and non-gold ecurrencies such
as WebMoney, MoneyBookers, NetPay and Evocash. We are also just about to
add a new Australian based payment system, YowCow (www.yowcow.com),
which should be integrated on our website in the next few hours.

During this last year we have added the option of using your credit card
for faster funding, we have added bank accounts in several countries to
make exchanges easier and cheaper. 
Speaking of banks, I am pleased to announce that effective immediately,
our clients are able to enjoy a reduced wire fee of just about EUR 5
(0.5grs of gold) when selling us their gold or any other ecurrency in
exchange for a wire in EURO to a EURO country.

In the last few months we have added a full Spanish version of our
website and we are just weeks away from the launch of a Russian version
of PayByGold!

And, we are also about to finally launch our own debit card solution, It
will provide privacy combined with fast funding and excellent customer
service, first orders should be accepted end of this week or early next
week and we expect to start shipping at the beginning of October, so
make sure you will be amongst the forst to order to avoid delays in
receivng the PayByGold debit card
As well, our clients who are using our exclusive VISA Virtual Card (no
ID, no name requirements) are now able to view their balance online
directly from the PayByGold site: if you own one of our VISA Virtual
Cards and have not yet received the PIN to access your baalnce, please
contact me at [EMAIL PROTECTED] ! 


of course, while working to offer a wider range of services and
options, we also keep doing our best to offer you the fastest,
friendliest, more efficient service you can ask for!!!

To sum things up: orders are growing, clients are happy, things look
just great!!!

;o))


have a great day!

marco
www.paybygold.com





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[e-gold-list] RE: Cracking the Turing number

2003-09-15 Thread Ian Green
 From: FileMatrix [mailto:[EMAIL PROTECTED] 

 It seems to me that the first thing one does to protect a system from
 automated attacks is to forbid access attempts to the same account 
 more than once every x (say 10) seconds.

 This means that even with constant attempt to crack the 
 password and the
 Turing number, the cracker can't do his job in real-time.

 Regards,
 George Hara

I agree with you George, but I would be concerned that such a lock out
system not be used as a denial of service method for attackers. For
example, a competitor could make a login attempt every nine, ten or
eleven seconds to the FileMatrix e-gold account and then take advantage
of the disgruntled FileMatrix customers who got bad service.

As a solution it may be wise for the e-gold system to lock out only
repeated attempts from the same IP address, and hope that the attacker
is not coming through your own ISP and possibly the same proxy server.
At least this reduces the potential for success of this method as a DNS
attack. If a competitor on the same IP is attacking it may be easier to
find them. Of course, something more intricate may be necessary in the
face of IP Spoofing and such.

I suppose I should not let it go unmentioned that some other Digital
Gold Currencies such as Pecunix have a good defence against account
targetting attacks. A different, public account number, for example
one's e-mail address is used for people to pay you, while a secret
account number is used to log in!

I wonder what it would take for e-gold to reorganise the account number
system. I think if they did so they should keep the existing numbers, as
they are both already public, and account holders may actually like
their number or have purchased convenient numbers. Therefore a new
numbering system (with numbers and letters, like the GoldMoney accounts)
could be used for the actual logins.

Regards,
Ian Green

http://iangreen.2cw.org



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[e-gold-list] Re: ??? september 11th, 2001 family need donations ??? SCAM ?

2003-09-15 Thread Jim Davidson
Dear James,

or send to e-gold account #1005030 sept112001family

SCAM ???
Does it really matter if this e-gold message is a scam
or not?
It is clearly spam, if it was sent to you unsolicited.
You can, therefore, report it to [EMAIL PROTECTED] with
full headers, and they will take some meaningless action
like balance limiting the account.  (Five minutes
later, the spammers will have a new account and all
the gold in that old one converted to cash, more than
likely.)
Suppose it is legit?  Are you seriously going to
provide money to everyone who asks for it, even if
all those people are truly needy?
Is it moral to give alms in public?  Jesus taught
we should pray in private to avoid hypocrisy, since
those who pray in public are more interested in
getting approval from their neighbors than having
their prayers heard by God.  Perhaps it is also
immoral to publicly solicity alms, for the same
reason.
Is altruism the best you can do?  Perhaps you should
read Ayn Rand's book _Atlas Shrugged_ for some insight
into what you owe other people.
A moral society can be formulated on two basic
premises:  do everything you agree to do; respect
all the property of every other individual.
Suppose it is a scam?  Scam e-mails come through
my e-mail inboxes at the rate of 500 a day.  I
filter them heavily.  Echoing scam e-mails to this
list for discussion seems like a waste of time.
Be advised that all those people who claim to be
Nigeria's oil minister or Liberia's Charles Taylor
are lying and scamming, without exception.  (Even
the real oil minister and the real Charles
Taylor are scammers and liars.)
Ultimately, whatever advice you receive from others,
you must choose for yourself.  Is helping the family
of someone who was killed in the 11 September 2001
attack the highest and best use of your money?  Don't
you have yourself, and perhaps your own family to
consider?
Regards,

Jim
 http://www.ezez.com/
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[e-gold-list] Red Cross donations down nationwide

2003-09-15 Thread Jim Davidson
Dear Patrick,

 Make sure you only donate to the official government sanctioned
9/11 charity run by the Red Cross.  Oh but wait -- that turned
out to be a scam too.
I was delighted to read this post of yours tonight,
because earlier one of the local news stations,
Channel 2 - the NBC affiliate in Houston, had a news
story to the effect that the Red Cross had opened a
store in town offering first aid kits and gear.  The
reporter gave a glowing report of the store, and
mentioned that Red Cross donations were down across
the board, and had been down for about two years.
At no time did the report mention that the reason the
Red Cross has been getting fewer donations is because
they have been proven to be scammers of the worst
sort, preying upon the altruism of those who wanted
to help the truly needy.
My experiences in Africa convinced me that the Red
Cross was a corrupt bureaucracy.  The evidence of
their abuse of the trust of donors here in the
aftermath of the 11 September 2001 catastrophe added
nails to their coffin.
Regards,

Jim
 http://www.ezez.com/
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[e-gold-list] Re: Gold Nuggets and e-gold for Auction

2003-09-15 Thread Jim Davidson
Dear Joel,

I wonder if this post about nuggets for sale on
eBay might have inspired Frank's post about the
dangers of eBay/PayPal.
On Sunday, Sep 14, 2003, at 23:04 US/Central, Asiana Gold wrote:

Australian Gold Nuggets for auction on ebay.
It is certainly a disappointment to investors in
GoldBarter.com to see eBay being used for these
auctions instead.  I wonder what might make GoldBarter.com
more attractive as a venue for sellers.
It is also interesting that you seem to ignore
Frank's favorite site, FreeTraders.org which might
be a good venue for sales.
Regards,

Jim
 http://www.ezez.com/
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[e-gold-list] Re: Danny's $130 !

2003-09-15 Thread Jim Davidson
Dear Friends,

This is for all you newcomers as the protagonist
in the film Starship Troopers says.
Danny van den Berghe seems to be a blow hard, and if
you've gathered that impression, you are probably
correct.  There is no doubt that JP May pays reliably
on bets he makes.  Any thorough search of the e-gold
or dgc-chat list archives will reveal that fact.
JP May is also not someone for whom $100 is very much
money.  Obviously not, since he upped the offer to
$310.  JP is someone for whom a principle is worth a
lot more than money, and he will pay to uphold his
principles.  He also won't pay if that is consistent
with his principles.
Here's my proof that Danny is a blowhard.  Follow the
logic here:
Danny writes:
That $100 would have been 0.34 ounces back then.
Which is $130 at todays rates...
JP replies:
I am happy to jumble the digits and up the payout to $310,
how's that!
To which Danny retorts:
It is the OUNCES FIGURE that matters to me. 100$ at the
moment you lost the bet, was 0.34 ounces.
You can see where Danny has refused an offer of $310
to put his Turing cracker on the web.
That's probably why the images have been improved by now.
Naturally, Danny doesn't offer to crack the current
Turing number.
I have found on occasion that the black lines of
the radial pattern and the black numbers three and
eight can overlap to make it difficult to be sure
which is which.  I'd love to see an automated Turing
reader, on the web, now.  And I'd be glad to see JP
May pay off on his bet.
Regards,

Jim
 http://www.ezez.com/
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