Did this happen due to the impact China has or rather poor government leadership? We have noted that the Minister of Finance was replaced and then the replacement got replaced within a few days. That country has some serious political problems with government leaders making political decisions and favoring party loyalists.

I still work on contracts there for my company and in other African countries, but things are getting weird in South Africa. They make the strangest decisions and seem to support Chinese and Russian companies more that Western companies these days.   

It is still a lovely country with good people and I like to travel there, when the company ask me to.

Of all the things said, this one is my favorite : " Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. "

The whole trust relationship with banks are the biggest stumbling block for many people to accept that Bitcoin is the freedom they want and should have.

Baby steps, that is how I describe my future plans with Bitcoin. I have a mountain of debt that needs to be paid. We had some medical problems and the health insurance did not cover the whole claim. I want to pay off that debt and then start building for a early retirement.

I do not trust my current fiat based pension fund, and wants to supplement it with bitcoins as a backup plan.

I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.

During this time, I will decide what I would be doing with the rest of the money.

I used to have dreams about Tetris, a arcade game I played when I was younger. The frustration to solve the puzzles kept on going, even when you went to bed. I think our brains are wired to work that way, to solve problems even when we are dreaming.

I had a Bitcoin dream a few months back, but it was very short. I can just remember something about a physical wallet and me opening the wallet and bitcoins falling out, as in physical coins. Not the digital version generated on the Blockchain. 

We have been receiving a lot of conflicting reports from the Australian banks. One the one hand, they are banning the accounts of people dealing with Bitcoin and they are fighting companies in regards to anti-competitive practices and now they are investing in Bitcoin companies. This is getting very weird.

Going on a short holiday with the family to relatives on a farm, hoping I can get access to the internet during this time. If I am less active during this period, do not kick me from the campaign, please. Just need to take a break for a little while, but if I get reception, I will drop in.  

Hope everyone have a great time over this festive season and you all come back refreshed for a better 2016. ^hmf^

Thank you, for a great 2015.

I cannot see how they can link a value to those coins, if a once off dump would crash the price, and it would be worth much less than it is now. Even if 1 bitcoin is spend and it gets picked up by the Bitcoin community, the price will drop, because a lot of people would start selling, in anticipation of a once off dump.

This is a lot more complex than what most people think. The best thing for all of us, is if Satoshi would just burn those coins and he or she or they or it, sell the coins they mined after that.

I am not a huge board game fan, but I want to understand the principle behind this. You pay other people to burn their cards, to diminish the supply and to increase the value of your selected card, right? So these cards are printed in limited quantities, right?

The collectors value of the card should obviously be much more valuable than the amount being paid to destroy the rest of these cards.

Interesting concept, and I am glad Bitcoin is linked to this whole card trading scene now. Once something like this happens, a lot of people could start adopting Bitcoin for the same thing. 

How secure is the Escrow service linked to this transaction?

I will just wait it out, until they patched it and continue as normal. The only thing Bitcoin could not recover from, is if it had to change most of the major rules, like the max amount of coins being changed or the security being compromised that would reveal the private key. I think ethereum and Ripple would take off, if Microsoft and banks start to support it aggressively.

This is the stupid part of this whole technology. Imagine if VISA had to tell their customers to download something, that would take them 1 week and loads of bandwidth, before they could use the service. Yes, I know there are other alternatives to using the technology, but it's hardcore to explain this to a newbie.

In countries with capped internet and slow data lines, this is not even a option. <Once again, under developed countries, with poor infrastructure are excluded> 

It's not entirely impossible that it could happen that way. Many gay people stay hidden for years and suddenly come out of the closet, and then their whole persona change, and they react in a total opposite way, than they did before. Not saying Wright is gay, but just using the example of how people can change.

Time for Satoshi, to come out of the closet. ^heh^

There are a lot of people, who go to jail for something someone else did, because the person who did the crime, had  money to pay. People sell their kidney for money, why would they not go to jail for someone else?

The only thing they can charge him with, could be tax evasion on capital gains, and that would not stand up in court, because he did not receive any monetary reward from those coins yet. He should have declared the commodity, but what value does he use as a reference?

I think, he did this for the fame and it is a complete hoax. ^hmf^

I think the most important question would have to be, "What are you going to do with your 1 000 000 bitcoins?" The answer to that question, will have a significant impact on Bitcoins future. If he convert to fiat, the price per bitcoin would drop drastically.

The decision to hoard, would give investors and speculators a opportunity to invest.

If I have to take a guess, they were looking for his private keys for the 1 million bitcoins. How many agents are going to be arrested for stealing coins after this raid? It was to be expected and we might be seeing some tax charges being filed, if they find anything.

Let's say for one moment, Wright is Satoshi, would it not be more suitable to protect him? He will after all be the greatest inventor in this century. He will be the financial Einstein of the world. Strange how governments attack people like these. 

Why would you link this news to the rise in the price? If there are a link between the two, investors are more positive about the future of the currency now that they know who the inventor are, or it might just be a renewed interest spike, after this received a lot of media attention.

Whatever the reason, it is good for business in the Bitcoin world. ^ 2 the Moon ^

You have to admit, he surely fits the profile better than Dorian Nakamoto, if half of what they are saying is true.   He seems to be very intelligent, private and very much into Bitcoin. He has some Libertarian background and he wanted to create his own Bitcoin Bank.

I think the Australian government will take this very seriously now, and he will be investigated from all angles. I will not trade places with him for the next couple of months. The media are going to have a field day with this now. ^hmf^  

Who can stop you from collecting Bitcoin and spending it in another country, or better yet, relocating to another country when it does get banned? The media are such a attention whore, and they will jump on the first rumor and sell it as fact within the first hour.

Until Taiwan make a public statement about matters like this, you have to take everything as Media Fud. 

Did they say how Kleiman died anywhere? There will be new interest in this story, IF it was due to unnatural causes. The 1 Million bitcoin paycheck in 2020 would be a big enough incentive for people to do crazy stuff.

Wired just opened up a can of worms with this find, and he most probably has a big stash of coins apart from the 1.1 million, if he has been mining with the super computer for a while. Imagine that, Satoshi not going the ASIC route and still mining with a super computer.

In a way, I want this to be him, because this uncertainty created a whole lot of fear and conspiracy theory, keeping some countries for example Estonia in two minds about the acceptance of Bitcoin. ^hmf^

His response rather indicate to me, someone who is undecided on the matter. He wants to say something, but something is holding him back. It could be one huge elaborate hoax or it could be the real deal. He is obviously VERY intelligent and very private, and he ticks most of the <Wright> boxes. Excuse the pun. ^hmf^

I think, we might just have the real deal here.