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341  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: February 27, 2014, 04:30:16 PM
The constant name changing is getting out of control.

I can see changing your name if your style is such a giveaway that everyone knows how you play.  (I resemble this comment.)

But that would only need to be done every few days.

I'd never play PLO on Seals at this point, because collusion/multi-accounting is absolutely deadly at that game.  Imagine just three of the other people at the table are colluding (or the same person).  You know four hole cards, they know 12 out of 52.  They can put you in the ground without much effort.
342  Bitcoin / Bitcoin Discussion / Re: Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN on: February 27, 2014, 04:25:47 PM
This hack was possible because of

morons.

FIFY.
343  Bitcoin / Bitcoin Discussion / Re: Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN on: February 27, 2014, 05:30:47 AM
But to blanket SR admins with "They are drug dealers" isn't accurate at all. If I ran a shadow market, I wouldn't give two damns what people were selling. And I sure wouldn't be a drug dealer. I would just take my fee for each listing, not know or care what it was for, and be happy to provide a free market for ANY type of goods.

I'm sure anyone from SR2/3/4/5/whatever will raise similar arguments if they're ever in front of a jury.  The track record of success of such arguments is pretty mixed, and the penalties draconian when they lose.
344  Bitcoin / Bitcoin Discussion / Re: Japan authorities looking into closure of Mt. Gox bitcoin exchange on: February 26, 2014, 05:39:40 PM
please answer these details for me

Name of Official :

Department :

Authority :

Law or Act :

"At this stage the relevant financial authorities, the police, the Finance Ministry and others are gathering information on the case," Chief Cabinet Secretary Yoshihide Suga told a regular news conference when asked about Tuesday's shutdown of the Tokyo-based exchange.

Which he might have known had he read it!
345  Bitcoin / Bitcoin Discussion / Re: Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN on: February 26, 2014, 08:48:11 AM
The fact that the admins are continuing to run the site and pay everyone back disproves the "they took the money and ran in fear of getting caught" theory.

Call me back when they do something other than SAY they're going to pay everyone back.  You know, like when they actually DO pay everyone back.  I seem to remember pirateat40 saying he was going to pay everyone back, too.  And at least half the other scammers who waltzed off with other people's money.
346  Other / Off-topic / Re: I'm gathering all theories about Satoshi Nakamoto on: February 26, 2014, 08:45:52 AM
347  Economy / Service Discussion / Re: Bitcoin foundation and Gox on: February 26, 2014, 08:42:51 AM


They misspell Cyprus on an official release?  That's amateurish.  Cypress is a TREE.  Cyprus is a country.
348  Bitcoin / Bitcoin Discussion / Re: Japan authorities looking into closure of Mt. Gox bitcoin exchange on: February 26, 2014, 08:41:30 AM
The Magic the Gathering clowns best hope it's the U.S. that takes more interest in prosecuting him.  The Japanese legal system is notoriously slow and inefficient, and it is not unheard of for a case to take five years or more from charges to trial.  I think anyone associated with Gox would also be considered a flight risk.
349  Economy / Trading Discussion / Re: Gox is making a comeback... on: February 26, 2014, 03:09:06 AM
What happens to people's coins on MT Gox


They evaporate into thin air

They get used to buy drugs on Silk Road 3 by some thief.  Then they get stolen by some other thief.
350  Economy / Speculation / Re: Rebranding and Relaunching (MT)Gox.com on: February 26, 2014, 03:08:05 AM
It's funny how big shots like facebook spend 1 billion dollars on Instagram which have no revenue and companies like PayPal can't spend the same amount on a proven profitable business model like a bitcoin exchange.

The thought of an eldritch abomination like PayPal getting its claws into Bitcoin fills me with more fear than a million Goxes.
351  Economy / Speculation / Re: Rebranding and Relaunching (MT)Gox.com on: February 26, 2014, 12:08:28 AM

So much for the buffoons claiming it was an obvious fake.
352  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 26, 2014, 12:03:42 AM
When the WWW appeared in the mid-90's, were you one of the people who thought it was just a trendy way to buy stuff?

As for me, I thought it was a horrible waste of bandwidth and was dumbing down the Internet.  YMMV.
353  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 25, 2014, 09:54:53 PM
Moving office isn't exactly packing up and disappearing... at least not yet  Cheesy.

Moving "offices" to a P.O. Box and no disclosed location is disappearing of a sort.
354  Bitcoin / Bitcoin Discussion / Re: Money run by Gox and conspiracy happening right now (Joint statement topic) on: February 25, 2014, 07:57:30 PM

Your post is gibberish.  One site has been demonstrably transparent, the other hasn't.  I'm done playing with trolls.
355  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 25, 2014, 07:40:07 PM
I wouldn't really call Gox a 'fly by night operation', but as insurance companies tend to do, they always try wrangle out of big payments.

I would.  They just, in fact, literally flew by night, moving from their main offices (because they were getting protested) to an undisclosed location.  Can't get more fly by night than literally flying by night.
356  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 25, 2014, 07:18:10 PM
How do you know they're not insured? Surely they'll have to have some kind of insurance to even run a business like this? I also very much doubt people will trust Mark with anything Bitcoin related again.

Even if they did, and I'd doubt the judgment of anyone who would insure a fly by night operation like Gox, I seriously doubt they'll pay out on a loss of, supposedly, $409 million when that loss resulted from the willful and possibly criminal actions of the insured.
357  Bitcoin / Bitcoin Discussion / Re: Money run by Gox and conspiracy happening right now (Joint statement topic) on: February 25, 2014, 07:14:46 PM
They also appear to have (if their claims are accurate), a reasonably good protocol for securing coins and keeping them in cold storage.  

Gox claimed to have cold storage, but I don't see how that claim can possibly be consistent with losing the vast majority of customer funds.  

So Gox claims can't possibly be consistent, and you you accept Coinbase claims at face value?

Straw man alert.  Coinbase doesn't have a years long history of constant lying.  Their claims are entitled to somewhat more credence.
358  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 25, 2014, 07:13:30 PM
Like that wallet backed by loyds of london.  There's still a chance MtGox still has everyone's money or 90% of it.  They probably didn't have enough time to re-write their software, so they stopped all transactions.  Coming back insured by a company like lloyds of london is probably the only way anyone would ever use them again.

Now I know nothing of what's going on and I wouldn't put money on this, but I'm trying to figure out why they bought Gox.com
They didn't stop all transactions at first, it was all withdrawals. Something totally different. You could still deposit money and buy from there.

I don't know about other countries, such as Japan, but in many countries, that would be felony fraud or its equivalent.
359  Economy / Speculation / Re: Why are BTC prices not moving ? on: February 25, 2014, 06:54:14 PM
I'd guess that because except for a few fervent denialists, the market already reacted to Gox's obvious insolvency weeks ago.
360  Economy / Service Discussion / Re: Gox.com could come back if it was insured on: February 25, 2014, 06:41:26 PM
Like that wallet backed by loyds of london.  There's still a chance MtGox still has everyone's money or 90% of it.  They probably didn't have enough time to re-write their software, so they stopped all transactions.  Coming back insured by a company like lloyds of london is probably the only way anyone would ever use them again.

Now I know nothing of what's going on and I wouldn't put money on this, but I'm trying to figure out why they bought Gox.com

I wouldn't trust an insurance company dumb enough to insure those bozos.  Lloyd's also would charge a rate commensurate to the risk, that is, it would be exorbitant, because the risk would be insane.

We do not need a vampire Gox rising from the dead to suck more blood.  Just put a stake through its heart and bury it at a crossroads.
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