No pump before the Sweden's Nasdaq addition of BTC
Damn, i wouldn't wanna be a leveraged bull right now. It's comin'...
Who cares about some tiny exchange in a tiny country? Only ETF and stock markets collapse may create another bubble for btc but before that USMS has 40k btc waiting to be sold before the end of june as they promised, so sub 200$ is coming pretty soon. Can you post a link to where they said they would hold another auction before the end of June? Are there also upcoming auctions in other countries like Australia? I remember the Australian government seized a lot of Bitcoins, but I cannot remember what they said they intended to do with them. They were discussing dumping them on the open market, although I'm not sure what they finally decided. |
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So you can't possibly know if he sold them all to a trusted few. Unless of course you are him the great satoshi. Just playing with us.
Satoshi's addresses have remained untouched, so the only way for such a trade to happen would be if he sold the actual private keys for the addresses and the buyer didn't move them immediately afterwards. Since most of the coins are mined using various addresses that aren't affiliated with one another, there would be no way to prove that they belong to satoshi or others. There were no evidence that satoshi stopped mining right after 2009 and he could have mined throughout the years using other addresses. Satoshi has also made a transaction to hal finney so the addresses were not all untouched. Lazlo (the pizza guy) said he coded the first open source GPU miner for Bitcoin. That must have been available in 2010 and Satoshi would likely have wanted to try it out. The first people to use it were mining thousands of Bitcoins a day. At that rate it would be difficult to start a new wallet for each mined block, so Satoshi could have changed his habits and sent all his mined coins to the same wallet. From that point on we would have no way to guess which wallets belong to Satoshi. |
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^^^ Thanks. It says Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup What on earth are Factoids, and don't tell me people have brought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while? Yes it's another IPO. The guys at Factom thought it was a good idea to create a pump&dump shitcoin called "factoid" and make a crowdsale out of it. People bought 2200 BTC worth of the stuff. It's likely those BTC are gonna be dumped, at least that's what the Ethereum devs did with their pre-sale few months back: https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2I remember a document from them saying something like "we will proceed to hedge against bitcoin's volatility (AKA dump)" or something like that. Can't find it tho. Damn, I remember how the Ethereum IPO Bitcoins were managed. Every so often they would do a huge dump, and Bitcoin's price would crash. They often seemed to pick the worst possible time to dump from both their own point of view, and Bitcoin holders points of view. When the news of Bitstamp's hack got out and the price had already crashed the Ethereum team decided it was a great time to do a huge dump for really low prices. Right after that we went down to $150. |
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If the relevant authorities did find the creator of bitcoin could they make him / her or them destroy bitcoin?
I don't know enough about the technical side but was wondering if it could all come to an end if the people in the know were made to do so?
There is no chance of that. The creator of Bitcoin has not been an active developer of it for years. Other devs now control the development, and their changes to the code have to be accepted by a massive worldwide network of people who mine Bitcoins. If the miners don't like the dev's changes then they can refuse to upgrade to the new software. The reason Bitcoin cannot be destroyed by a single government is because its a worldwide decentralized system with no single group of people who fully control it. |
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It says Over 4M Factoids sold for 2200 BTC. A massive THANK YOU to all @factomproject supporters. #bitcoin #fintech #startup What on earth are Factoids, and don't tell me people have bought into another IPO? Can we expect those 2200 BTC to be dumped? Haven't the devs at least agreed to hold the IPO money for a while? |
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it could be one of satoshi's friends who has done all those things, just to misdirect traces
i think it is not him, and i'm still with the theory that satoshi nakamoto is a mere pseudo name that identify a group of coders, like skydrow or r.g.mechanics ecc...
I agree with you this man can not be Satoshi.There are two possibilities one what you said and the other one is someone wants to be famous and that's why let the NYT to claim about his identity.Satoshi will never come in front nor will be recognized by anyone. Why not let him be Satoshi? Isn't the IRS looking for someone to lynch for the amount of coins stored in his wallets? The first draft of the BitLicense stated that, “controlling, administering, or issuing a Virtual Currency” qualifies as Virtual Currency Business Activity subject to licensing. This remains unchanged in the new draft. If someone proved he was Satoshi would they go after him for controlling, administering, or issuing a Virtual Currency? Can the BitLicense be applied to things that happened before its release? Probably not, but I haven't read the small print yet. |
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I am sitting next to my grandmother. No joke.
When that popped up I slammed my laptop closed.
I was showing her how I trade Bitcoin and good places I find information
bitcointalk = ok to show speculation subforum = ok to show, but with grains of salt wall observer = i´d never show this thread to family members. There was someone who claimed he was viewing it on a train when someone posted a porn picture here. He said the woman sitting next to him moved to a seat at the other end of the carriage because of it. I'd be really embarrassed reading this thread in public considering that story. |
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well your question is a little bit off-topic since coins on bitcoin can't be deleted
Technically speaking, yes, they can. All it takes is knowing exactly which addresses belong to Satoshi and then tamper with the blockchain. Of course the majority would have to agree on the new chain.And because the majority would never agree with the new chain, you may as well acknowledge that they cannot  Another way that they could be deleted would be for someone to alter Satoshi's brain and/or his records such that he cannot find his private keys. That would also effectively delete them, but again, why are we considering these outlandish scenarios? Lol. Where would it stop if all the miners agreed to start deleting particular coins? There have been countless scams in the Bitcoin world and people would start demanding deletion of stolen/scammed coins. What if buyers had innocently bought those stolen coins, then the miners all agreed to delete them? |
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I just want to say that Satoshi is smart enough not to reveal his true identity and that he certainly have enough reasons and do so ........
The upcoming Bitlicense contains a clause that says this. "Decentralized Currency Issuers May Still Require License - The first draft of the BitLicense stated that, “controlling, administering, or issuing a Virtual Currency” qualifies as Virtual Currency Business Activity subject to licensing. This remains unchanged in the new draft, and that’s unfortunate." https://coincenter.org/2015/02/our-initial-thoughts-on-new-yorks-revised-bitlicense-proposal/If Satoshi was still the active Bitcoin dev that would mean he would be controlling and administering a Virtual Currency. That would qualify as performing a Virtual Currency Business Activity and be subject to licensing. I'm not sure what the license would cost or involve, but it doesn't sound fun to me. Whether he's a person, or a secret government project, he/it would still require a license. Yeah, but that applies for the United States right? From what we know Satoshi was in the UK (which will probably follow U.S example but anyway). I am saying that based on the coinbase message he put in the genesis block. I'm not sure but doesn't the BitLicense require anyone doing any kind of business with New York residents to get a license, even if they are located in a foreign country? I know some exchanges were considering refusing to do business with anyone from New York, but I don't know if things have changed since they released the second draft of the license. |
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Chelsea Manning. wtf? You mean 'Bradley' - that little fag who thinks if he cuts his dick off he'll become a girl and all the prison boys will want to fuck him? 'Chelsea' - lol good one. That's what Wikipedia says, there is now a Chelsea Manning page. http://en.wikipedia.org/wiki/Chelsea_ManningChelsea Elizabeth Manning (born Bradley Edward Manning, December 17, 1987) is a United States Army soldier who was convicted in July 2013 of violations of the Espionage Act and other offenses...
Manning is a trans woman who, in a statement the day after sentencing, said she had felt female since childhood, wanted to be known as Chelsea, and desired to begin hormone replacement therapy. From early life and through much of her Army life, Manning was known as Bradley; she was diagnosed with gender identity disorder while in the Army. |
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That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy? I haven't heard of this before. What happened exactly? Got a link to that? WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador. http://en.wikipedia.org/wiki/Julian_AssangeAssange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US. I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US. Hmm, I wouldn't be very sure about that. Aren't Swiss bank accounts a tax evaders and basically every criminals haven? Now you mention it, yes. However I know the EU has been coming down on Switzerland's banks like a ton of bricks. Also, the US signed an extradition treaty with Switzerland which has a Date-In-Force of September 10, 1997. I haven't read it and don't know what crimes are extraditable though. Maybe it misses out financial crimes. http://www.mcnabbassociates.com/Switzerland%20International%20Extradition%20Treaty%20with%20the%20United%20States.pdf, |
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That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
What wiki leaks guy? I haven't heard of this before. What happened exactly? Got a link to that? WikiLeaks achieved particular prominence in 2010 when it published U.S. military and diplomatic documents leaked by Chelsea Manning. Assange has been under investigation in the United States since that time. In the same year, the Swedish Director of Public Prosecution opened an investigation into sexual offences that Assange is alleged to have committed.[1] In 2012, facing extradition to Sweden, he sought refuge at the Embassy of Ecuador in London and was granted political asylum by Ecuador. http://en.wikipedia.org/wiki/Julian_AssangeAssange says if he gets extraditied from the UK to Sweden, then the US might extradite him from Sweden to the US. I got Switzerland and Sweden muddled up earlier, but I guess if you can get extradited from Sweden to the US, then you can also get extradited from Switzerland to the US. |
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Is Switzerland out of their jurisdiction?
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
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I just want to say that Satoshi is smart enough not to reveal his true identity and that he certainly have enough reasons and do so ........
The upcoming Bitlicense contains a clause that says this. Decentralized Currency Issuers May Still Require License - The first draft of the BitLicense stated that, “controlling, administering, or issuing a Virtual Currency” qualifies as Virtual Currency Business Activity subject to licensing. This remains unchanged in the new draft, and that’s unfortunate. https://coincenter.org/2015/02/our-initial-thoughts-on-new-yorks-revised-bitlicense-proposal/If Satoshi was still the active Bitcoin dev that would mean he would be controlling and administering a Virtual Currency. That would qualify as performing a Virtual Currency Business Activity and be subject to licensing. I'm not sure what the license would cost or involve, but it doesn't sound fun to me. Whether he's a person, or a secret government project, he/it would still require a license. |
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This is getting hilarious http://www.wsj.com/articles/chinas-stock-market-boom-wont-erase-bad-debts-1431426965Proof from the article that the Chinese gov't has now gone full retard: "Chinese companies have been active of late issuing fresh equity. China Resources Land and Fosun International this week are working on plans to raise more than $1 billion apiece. This is undeniably a good thing in a country with a leverage problem: The more equity raised, the more debt can be paid back.
The government seems to support the market rally, with full-throated editorials in state media encouraging ordinary investors to take the plunge. So a school of thought has developed that the stock market—and the associated equity raising—is part of a concerted campaign by Beijing to reduce debt."So now the Chinese retail investors get to bail out these domestic companies who are swimming in debt by speculating in them using leverage -- all sanctioned by their gov't -- how awesome. The article finishes with this: "Even if the most indebted companies succeed in deleveraging through raising equity, who really benefits? Should the sudden stock-market rally reverse as quickly as it has arrived, it will turn out that China’s deleveraging was laid on the shoulders of those ordinary savers who have rushed to buy shares."I remember after the big crash in 2008 there were reports that large amounts of the bank's debts led in a big chain back to ordinary Japanese savers. Some of them lost massive amounts of money from their pension funds and the like. It appears that the ordinary Chinese savers might now be in danger of having the same thing done to them in the future. |
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By the way, Bitstamp has had some weird action lately. I wonder if the manipulators are using it more actively nowadays.
None of the big exchanges have had particularly big volume recently, so it must be fairly easy to manipulate the price. There have been long periods when 200 Bitcoins could affect things one way or the other. Three thousand Bitcoins today can have the same effect that required fifteen thousand Bitcoins last January. |
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Bitfinex.com return 502 Bad Gateway for me. Where can I find more info about this?
I came here looking for info. The last trade shown on bitcoinity was 18 minutes ago so it might have been offline for the last quarter of an hour. The last tweet from its twitter account was yesterday. https://twitter.com/bitfinexMaybe they are having another DDOS attack or something. It's not often it goes offline. Edit/ Some new trades just showed up on bitcoinity and the site's up again. |
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Hi evrybody,
i have a general question.
in your opinion, how banks can earn with bitcoin?
I do not think Banks and Bitcoin can co-exist, since one of the reasons most people get into Bitcoin is to get away from the banks and their fractional reserve, which is something that cannot be done with Bitcoin. They cannot make Bitcoin appear just by punching some numbers on their computers. banks and bitcoin can perfectly work and exist together. not sure why you think it's not possible. most banks are simply not interested in bitcoin itself. there is no reason for them to earn it. there are open minded banks who are genuinely interested in bitcoin and might even go further than only showing interest. Like which banks are so open minded? And how will they benefit by working with Bitcoin? Lending it out for interest? Banks make a fortune each year out of the fees they charge for wire transfers. Bitcoin users move money and only pay an optional fee of about one cent. The banks are not likely to embrace a system that costs them their wire transfer fees without a fight. Their system for moving money is years out of date, but why should they change it as long as its making lots of money for them? |
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I'd love to have a go at trading (only small amounts) but I have no clue where to even start! any advice?
First You need a trading account and then... buy low and sell high:) Actually better strategy now is sell high, rebuy low Sell in May and go away <==best strategy  That applies to stocks, and the saying advises to buy back after Halloween in November. If you applied it to Bitcoin last year you might have done well selling at the peak of the rally in May, but if you bought back in November you would have been slaughtered by the crash after Christmas |
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Never mind. It's ok now. Gonna stop using my Multibit wallet and start using my Electrum as my sole wallet.
Delete thread
What you can do is move the thread (control at lower left) to the Archive section. That's all the mods do. Sometimes they would put a thread entitled delete in the trashcan. You could view a list of what had been put in there through this link. https://bitcointalk.org/index.php?board=15They must have changed things around because you can no longer view the trashcan page through that link. |
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