Translation from reddit:

"Please, if I could have your attention. Allow me to translate, for your amusement, from legalese into plain English of people doing things.

People using their money in ways we don't like.-- We understand that Bitcoins and other forms of peer-to-peer digital currency can be used by people we dislike who do things we have prohibited, sometimes competing with us on terror activities, to transfer and spend money in ways we cannot spy upon or stop. News reports show that Bitcoins have been used to help Edward Snowden. We want the people doing business as "the FBI" to conspire with a bunch of other d.b.a's to tell us, in less than 120 days after this new commandment we just made up, how this "ersatz currency" (hehe, see what we did there?) affects our organized racket, in terms of both helping the businesses of people we have declared as "enemies" and in out-competing our buddies the bankers. The info must outline a conspiracy to sabotage Bitcoin's features, identifying people, money and other resources that will be necessary for this sabotage.
Phew. I thought my poor Model M was gonna smolder under the weight of translating so many sophisms, newspeak neologisms, half-truths, and veiled threats.
Aaanyway: https://rudd-o.com/archives/its-official-the-racketeers-are-onto-bitcoin for the same version but permalinkable.

Conclusion: the most powerful terrorist organization that has ever existed in the world, with the actual power to literally murder everyone if they so chose, is preparing to attack Bitcoin directly. It's about to get real."

Just a quick note to all the MtGox detractors out there :

Whatever happens first to MtGox will surely happen to the rest of the exchanges at some point in the future.

Any exchange that grows large enough to be useful will experience all sorts of problems - just like MtGox.

This applies to things like trade engine lag as well as banking problems. Just try using cryptsy when it's really busy - it grinds to a halt.

I hope you don't imply that all of those were promoting him and/or ran a pass-though..

He will go to jail.

So Vlad is gay?

Shocker.

Got another SEPA EUR

Withdraw on: 2013/06/11

Cleared: 2013/08/06

"Patience is the art of hoping."

This only works in the BitCoin ASIC business with thousands of small unaware pre-order investors.
The day by day business in a normal ASIC start-up company developing a product financed by one big venture capitalist looks completely different. This investor sits in your neck all the time and wants to know what exactly you did day by day hour by hour and when he will make money with the product. And you have to answer him, otherwise he will go immediately away with his money.

This is crazy stupid.

Is it so difficult to process a refund?

Yifu will have to spend only a few hours...
And we are waiting almost a month for it.

They weren't all Fibonacci numbers, 7 in the bible is said to be God's number so 70 then would carry similar properties.  I got 49 by taking the square root of it which is 7, or 7 to the power of 2.  12 is used throughout the bible as well (ie. 12 tribes of Israel).  When you square a number (or take its square root) it still carries the same properties, nothing is lost.  Likewise, my 21 average is 7 times 3 - God's number times a Fibonacci number.

All the numbers in this coin were chosen this way. I was curious to see if there would be any variance in form or function compared to other coins, mainly those who copied numbers from Bitcoin, numbers like 600.

The only number I didn't choose was 24, those are simply the hours in one day:  a constant.  

Yes, that might be true. If you have a look at the "BFL ASIC status" blog at the BFL forum, Josh tried to be really transparent at the beginning of their ASIC project. Many of their problems were not caused by BFL directly. They were also in the hands of 3rd parties, which missed the targets and consults BFL probably not optimal.

So if KnC are already aware of one or more missed internal milestones (caused by themselves or 3rd parties), it would not be ok to claim that they are on track for September delivery. No offence, but in this case such a statement would be a lie, because there is absolute no margin in a realistic project schedule for September delivery, which would allow any time delay caused by a missed milestone  (as shown above).

So one should assume, being on track for September delivery means all KnC internal milestones reached in time so far. Why not announce them in this case?

Hmmmmm.  Nah, I don't think so.

I only threw in Fibonacci cause too many people started acting like I was crazy and making stuff up.

Well, if you read up on Fibonacci's number theories its really quite shocking and very much real.

So then people can't call me crazy anymore (well, they can but they have to use one of the other of the many reasons I have given them) cause they would be essentially saying they're smarter than Fibonacci which was a brilliant genius mathematician and physicist of his day.

It would be almost as ridiculous as arguing with Newton or Einstein.   But that doesn't stop some people, and that's why this thread is still in off topic. Lol.

49 Coins per block, constant over the entire 7 year period

70 second intervals - I wanted a fast coin but not so fast that security would be compromised

Confirmations - 3 ( I believe, this was my request to the programmer but I did not confirm)

difficulty retarget - average of last 21 blocks which should allow for some unpredictability but not too much

12 Vlad Golden Blocks every 24 hours, randomly chosen once inside every 2 hour window  - random probability (lottery system to prevent gaming the coin or insider manipulation) so no gaming the system or pool hopping

No, to be honest I have absolutely no idea how announcing the completion of concrete milestones including dates should help any competitor, when you are on track for September delivery.

They must have a internal project plan with dates for all the major milestones (there are a lot of them), which finally ends with delivery to customers end of September, which is not that far away.

From my point of view, being more transparent here could only be beneficial for KnC with respect to their reputation and a kind of "shock and awe" for any competitor.
Some of them would maybe stop development completely, because they will realize that they are too late in game and that nobody will buy their products when KnC already has 28nm chips on the market for several months. But this would only be valid, if you have an realistic plan and if you are 100% on track.

One month, and only up +50%. It feels like February then...

Thank you for all your hard work Emmanuel, I know a lot of people on here just flame constantly, but there are some here who are happy with the hard work you have put in so far.

Well ... actually ... you should hear from ckolivas and myself well before the end of September ... unless ... hmm
... still no reply from them to the last email ... 4.5 days ago ...

New Press release: https://www.mtgox.com/press_release_20130805.html

Gox apparently has lost "significant" amounts of money to crediting bank deposits prior to them clearing. Hmmmm. I'd want to know how much "significant" is.