Vint Cerf and Bob Kahn? Or because they worked for DARPA, the guy who started ARPA, Dwight Eisenhower?
Wrong. ARPA created the TCP protocol and DNS to a certain extend. The rest (what people use now as Internet or WWW) - HTML, web browsers, web servers all that stuff was created in CERN Switzerland. Educate yourself! http://timeline.web.cern.ch/timelines/The-birth-of-the-World-Wide-WebWhat about Cisco creating routers? Or people who created BGP? Or the guy that was single handedly running DNS for the longest time? All good people but how many people who use internet now know or care about them? And how much weight do they have on current RFCs? |
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I was hodling no matter what happened to the price, then Gavin announced Craig Wright had proved he is Satoshi. I panic dumped right at the bottom, then had to buy back after it became clear it was all bull. I'd never have panic dumped if it wasn't for all the Satoshi lies.
Seriously, what was your rationale for dumping? Come on, if Satoshi really was Craig Wright it would have started a dump down to the pits of hell. You could see it starting, then stopping when people started to digest all the information and realise there was no proof. LOL silly humans, how can you not see that this is the EXACT REASON why he just didn't move BTC1MM. Don't know if he is/not Satoshi but he's at least smart enough to prevent a bunch of people reacting like poncom. Give out news one cryptic bit at a time and let the market digest it. Also, some people gain notoriety by discovering planets, and some by burning churches. His life would probably change dramatically. Well it would be nice if he didn't back out of giving his "cryptic" news out, and decided to carry through. He's backing out saying "He's not strong enough" and we can assume he has no evidence to support his claims if he starts to exhibit this sort of behaviour. It would be easy enough for him to send a signed message from the wallet and verify himself that way, and he wouldn't have to back out and leave his claims. it'll only be nice because you/and most people, like the drama, and feel the need to resolve this riddle. But what's the point? Do you know or care who created Internet? So for better or worse Wright is milking that need to know feeling as much as he can. Personally think it's better because it gradually confirms the fact, rather than the alternative of suddenly seeing those coins moved, you are satisfied and feel good about yourself, other like poncom short the hell out of BTC, and many will feel a need for guidance from THE Satoshi on all current issues. |
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I was hodling no matter what happened to the price, then Gavin announced Craig Wright had proved he is Satoshi. I panic dumped right at the bottom, then had to buy back after it became clear it was all bull. I'd never have panic dumped if it wasn't for all the Satoshi lies.
Seriously, what was your rationale for dumping? Come on, if Satoshi really was Craig Wright it would have started a dump down to the pits of hell. You could see it starting, then stopping when people started to digest all the information and realise there was no proof. LOL silly humans, how can you not see that this is the EXACT REASON why he just didn't move BTC1MM. Don't know if he is/not Satoshi but he's at least smart enough to prevent a bunch of people reacting like poncom. Give out news one cryptic bit at a time and let the market digest it. Also, some people gain notoriety by discovering planets, and some by burning churches. His life would probably change dramatically. |
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Id say the only reason we care is because of the 1 million coins.
I've been hearing this for so long that it doesn't even make sense because such an uncertainty should always be priced-in. I mean if Satoshi tomorrow sends the coins to the bitcoin-eater address then that would be perceived as a "positive" move, raising the market, which would indicate that the market had already priced-in the uncertainty (otherwise it would not move at all). So it is priced in already - at least to some extent. Besides, we know for a fact that PoW mining is going to "dump" on us another 6 million coins in the future. What difference would 1 million coins do - that already exist and are already priced-in in terms of market supply and scarcity? Not much. Market "prices in" an event by the probability of that event happening and estimated effect. Sometimes market overestimates it and sometimes it underestimates. I.E. I'd estimate that chances that PoW will dump another 6MM coins are 99.9% everyone expects it so it's pretty much fully priced in Chances that someone has private keys to Satoshi's stash before this news was lets say 25% (making up numbers) so only 25% of it was priced in. Now that we have some questionable proof i'd say chances go up to say 60% so market has to adjust, then finally once he moves the coins market will adjust again and it'll be 100% priced in. |
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Don't see why people care this much  short of some religious fanaticism. I mean it'd shake his hand and thank him for creating BTC and all but am i really the only asshole who only really cares if someone has private keys to Satoshi's stash? Care? I would say it doesn't matter, but people are interested because, well... it's difficult to make this stuff up. Especially after so many failed "discoveries" of Satoshi. The more you dig into this one, the more insane the it becomes. It's also possible, if there's any validity to what several parties are saying, that it could offer some finality to the uncertainty around those 1.1M or so coins. Frankly, strictly from the volatility perspective this is the best way for Satoshi to be revealed. Instead of sending a massive shock by suddenly moving BTC1.1M coins. First spread rumors of it, let market price it in, then give some questionable proof, let market price in the chance that those coins are not lost, assure that coins are in trust and won't be dumped on market, finally give concrete proof. |
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Don't see why people care this much short of some religious fanaticism. I mean it'd shake his hand and thank him for creating BTC and all but am i really the only asshole who only really cares if someone has private keys to Satoshi's stash? At this point the idea is way more important than the person/entity creating the idea. I mean the team who created Internet/first protocol must've been awesome but how many people know/care who they are? |
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I didn't keep up with all of the drama, but did we dump from $450 to $436 on the news that Satoshi was found? Or did that happen before the "news"
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Geez, everyone knows we're going to $600. Get us up there already...  Mostly we know; however, we need to make it passed the $467 to $475 price range first. Accordingly, we should not be getting too excited about going to $600 until we make it passed that resistance, which better case scenario could take hours to days to break or alternatively, a worser case scenario, could take another year to break... At the moment, we have a lot of decent indicators that are pointing towards breaking the $467-$475 resistance within the shorter end of the range... with seemingly decent probabilities of within less than a month... but personally, I would not bet my house on it or leverage such a bet because it is not that "for sure" of a scenario. On the other hand, if you don't own any bitcoin, this would not be a bad time to buy some and even take a decent stake in such purchase. Longs are down $2MM in finex (29MM from the high of 31MM) but shorts are down as well. We need more fuel... |
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am 100% in btc u jokers
Pfft i'm 101% in |
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Did whoboi turn off their 10x volume multiplier something seems odd
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BTC2k buy wall on stamp @ $452 would wipe out ask side till $480  if this is not the right thread to post this mods please move
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Oh i wanna play. I think you should go on a crusade against wire transfers and how they should be replaced by credit cards. Next time you're buying a car/house etc... ask if they'll take your VISA. Or are you in US and still write those silly cheques?
I'm in the States. When I buy a car, I pay by check (we spell it c h e c k here, sans flowery que *lifts pinky* Britishisms), or use cash, like any normal human being. Zero wait/zero problems. But you, you actually wire money when buying a car? Anything else you do? Weird ceremonial dances with blood sacrifices? Just to complicate things a bit more? Though I'm not sure why we're discussing this, you can't buy a car or a house with bitcoins around here. I mean, maybe there is some hipster willing to sell one somewhere in US, it's a huge country, but normally? Lol, I'd have better luck trying to buy a car with BTCeanies  Re. "How many 0's is that???": Fewer than the Bitcoin blunder. And remember, friend: Fiat has been around for centuries, with BILLIONS of people using it, and that's the worst you came up with. Bitcoin has been around for 7 years, and a good chunk of it has already been lost due to hilarious fuckups Cute how you totally left the house part and just concentrated on a car. You need guaranteed funds to buy a car or back up your silly checks (that take up to 5days to settle) with your credit history. Try going to your used car dealership, or a Ferrari dealership with your silly check book and driving out with a car without giving them your social security#, cash probably will still fly more likely under $10,000, anything after that might get IRS and other 3 letter agencies involved. For a house closing agents won't accept cash, and most won't even take guaranteed checks on the settlement date. Wire is THE only way. I stand by my Beanies comparison, the Beanies point is sound. The number of US realtors accepting BTC as a form of payment is roughly the same as for those accepting Beanies, which is to say zero. I know of exactly one house that was sold for BTC, was posted on this forum. Visionary OP doesn't post anymore, because BTC was ~$650 at the time. Yeah, he still had to pay taxes. Yeah, the legal bullshit of transferring property title was likely lengthier/more involved than with conventional means of payment. Yeah, OP jumped through a lot of hoops to wind up as the brokeass laughing stock he is today. Otherwise, seamless :8 @Fatman3001: Obsolete, olde timey English. An anachronism, much like legacy finance P.S. But if you think that people will start using your bit-tokens as money because they could save a few minutes the one or two times in their lives they buy a house, don't let me spoil your morphia dreams. It's amusing that the best of your trolling is used to compare bitcoin to credit cards, yet there's literally not a single person on here who claims that bitcoin (in itself and in it's current form) can replace credit cards. Oh well carry on |
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Oh i wanna play. I think you should go on a crusade against wire transfers and how they should be replaced by credit cards. Next time you're buying a car/house etc... ask if they'll take your VISA. Or are you in US and still write those silly cheques?
I'm in the States. When I buy a car, I pay by check (we spell it c h e c k here, sans flowery que *lifts pinky* Britishisms), or use cash, like any normal human being. Zero wait/zero problems. But you, you actually wire money when buying a car? Anything else you do? Weird ceremonial dances with blood sacrifices? Just to complicate things a bit more? Though I'm not sure why we're discussing this, you can't buy a car or a house with bitcoins around here. I mean, maybe there is some hipster willing to sell one somewhere in US, it's a huge country, but normally? Lol, I'd have better luck trying to buy a car with BTCeanies Re. "How many 0's is that???": Fewer than the Bitcoin blunder. And remember, friend: Fiat has been around for centuries, with BILLIONS of people using it, and that's the worst you came up with. Bitcoin has been around for 7 years, and a good chunk of it has already been lost due to hilarious fuckups Cute how you totally left the house part and just concentrated on a car. You need guaranteed funds to buy a car or back up your silly checks (that take up to 5days to settle) with your credit history. Try going to your used car dealership, or a Ferrari dealership with your silly check book and driving out with a car without giving them your social security#, cash probably will still fly more likely under $10,000, anything after that might get IRS and other 3 letter agencies involved. For a house closing agents won't accept cash, and most won't even take guaranteed checks on the settlement date. Wire is THE only way. I'm not sure why we're discussing this Umm well, because you're trying REALLY HARD to troll a 7yr old GUARANTEED payment system by comparing it to a 70yr+ old NOT guaranteed payment system. And your bellow average reader might actually think your BS might make sense for a nano second before his/her logic kicks in or they read the replies |
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What does someone accidentally sending a $100,00 transaction fee have to do with anything? It's the same thing as someone accidentally typing an extra zero or two and buying up the entire wall in stocks/commodities.
Taking into account that math ain't your strong suit (you're more of a scurrier sort of a guy, best described by Wikipedos as, and I quote: "a competitor of humanity"), I'ma gonna give you a hand. Lemme give you a little helping hand... The difference between $.05 and $136,000.00, friend cockroach, is not "an extra zero or two." Or three. Or even four. If God, in all of His wisdom, erred as much as that hapless bitcoiner, you would weigh as much as an average African elephant, cockroach  Could you imagine?! Of course you couldn't, your brain is little more than angry ganglia, you rely on it so little that it's nearly pointless: you can stay alive for a month without it, shit you not. And that's weight, cockroach. Real life elephants are much denser (and less repulsive) than icky Blattodea, so you'd be one humongous motherfucking monstrosity, you crawly abomination! Now where was I? Failure to understand how to use a keyboard is not a Bitcoin issue.
Lol sure, user error. As i said before, Bitcoin's like a fleshlight that turns into a meat grinder if you don't program it just right. SFYL & ouch ouch ouch ouch! A Japanese branch of Swiss bank UBS mistakenly ordered 30 trillion yen of bonds from Capcm instead of the intended 30 million yen. According to a report by BBC, the trader mistakenly sold 610,000 shares in recruiter J-Com for 1 yen, rather than selling one share for 610,000 yen...The mistake cost Mizuho Securities at least 27 billion yen ($282 million). How many 0's is that??? |
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Oh i wanna play. I think you should go on a crusade against wire transfers and how they should be replaced by credit cards. Next time you're buying a car/house etc... ask if they'll take your VISA. Or are you in US and still write those silly cheques? ...
-Currently, bitcoin WIRE TRANSFERS can handle a sustained rate of roughly 3 transaction per second, the average transaction volume generated by one mid-sized US shopping mall. *Amazing*
-A few days ago EVERY DAY, someone paid $136,000 millions to send $0.05 billions to Nigerian prince and other scams. *Ahahahamazing* (SFYL)
-An average bitcoin BANK user is functionally illiterate. Sad, yet *AMAZING*
...
Or we can continue comparing bitcoin to credit card, toasters, and TVs |
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I'm calling a bottom (famous last words  )So was it just whales at play on a mini-pump? (ie the whales tipped their hand and moved too soon and too fast on their tango of the rest of us in the dust)  Must be nice to play with BTC price like it is your personal 'angry birds' game Bid sides are looking healthier at these levels. No flash crashes. Longs are huge but it wont be cheap to shake them and there are BTC10k till $420 on finex ready to catch them. Getting close to halfing, too much uncertainty so i'm speculating that sides are more likely to dig in then start dumping too much. We raised on little volume and thin bid side so were due for a smack down. But as i write this BTC400 ask wall comes up on stamp and there're BTC1k to $444 on finex |
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I'm calling a bottom (famous last words ) |
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Well $1.5MM was shacken from longs but still over $29MM to go. Bunch of shorts covered too so not many of those to burn so dunno. On another hand no flash crashes on Finex is always a plus
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Hmmm to buy dips or OMFG THE BTC IS DEAD!!!!
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BTC-e going stupid with BTC1K ask wall now
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