I known :
btcGuild is btcGuild.com
Eligius is Eligius.st
P2Pool which website? P2Pool.in or P2Pool.org?
P2pool can be through any public node or your own personal node, they all connect together into one large pool. Public nodes: http://p2pool-nodes.info/http://p2pool.in/ is the main info site for setting up p2pool node yourself. P2pool.org is a fake p2pool (as noted in the small text on bottom of the site, "not affiliated with p2pool and forrestv". They just took advantage of the name). Elizium.name is a popular public p2pool node... And I have a public node listed in my sig. Just a point of clarification, I believe that p2pool.org is a node in the p2pool network given the software being used, the network hash rate shown the comments from p2pool.org in the p2pool software section. The statement in their footer is just clarifying that they are not forrestv nor the home of the p2pool software - unless of course their stats etc are all fake. There are a number of public p2pool nodes as you say. |
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(He does indeed have a Bitcointalk account as of right now, though of course none of you know it's him..)
Shhh. I'm trying to keep a low profile here.  Satoshi is actually that guy BitcoinSteve...who drops all the bad news in all the speculation threads and talks about the doom of bitcoin If it is possibly BitcoinSteve, I'll throw in Gollum, proudhon, ElectricMucus or AnonyMint. :-) (obviously kidding, I hope). |
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Before I leave, the "tip" address is there incase you'd like to. I'm not rich, nor have an excessive amount of Bitcoins, nor did I work in the same district as Satoshi. I'm simply an "acquaintance" who knows a bit more information than the average joe does.
One question, why did you post the info? Just curious. |
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Satoshi Nakamoto first started working on the Bitcoin protocol in 2007 when he was 53 years old. As many of you suspected, he didn't work on it alone, but rather received assistance from a few others. His real name isn't Satoshi Nakamoto, but it's very similar, both in amount of letters in first and last name, as well as syllables.. Bitcoin wasn't meant to be as huge and well established as it today, was more of a quirky "project" at the time, and was actually modeled after the U.S Dollar, but since he meant for it to be entirely virtual, this made it decentralized(Also why Bitcoin is not 100% anonymous aka Public Ledger). He's also Japanese American. Many of you are asking, why didn't/doesn't Satoshi use the vast amount of Bitcoin's he has? Well the answer is simple, he's a modest type of guy, not into being famous, and receiving too much attention.(He does indeed have a Bitcoin account as of right now, though of course none of you know it's him..) Plus he suspected that being in control of that many Bitcoins would devalue his "project" in the eyes of others, particularly when Bitcoin was just released to the public. Besides, he's official "retired" now, and I can assure you, his salary before retirement was well over $100,000. Ftw, retirement fund. Anyway, that's a small amount of info on Satoshi Nakamoto(alias). You might be interested in where I got this information from. Well let's just say I'm his peer(If you're reading this, you owe me  ) *I also intentionally left out some information, can't tell you guys everything sorry* Hope this clears up at least some confusion on the subject. Feel free: 1JMa8B4h9bGygpYCKUwcVk6P3yPQdBsKwv Is the guess Tatsuaki Okamoto again? Edit: p.s. I agree with above, would've felt more real without the tip address. :-) |
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These announcements are usually not that big of a deal. The whole point is to excite and bring people in to your product (in this case their website). We'll see but I don't think it's anything earth-shattering.
Unfortunately true. Lots of hype with little substance is what it is 99% of the time. Perhaps this will be in the 1%, but I wouldn't count on it. Why market makers? Someone making a market in btc? Doubtful. |
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I just say what poor fellows can do: either give up on crypto currencies completely, or jump on a new bitcoin-clone.
IMO ripple got the best prospects to replace old bitcoin, IF they make it 100% open source.
So switch to Ripple? With essentially everything premined?  ? By the way, if you don't like bitcoin, why the "BitCoin" address begging? |
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I've heard this "bitcoin would die" but I don't understand why? Why would rescuing 7% of the coins be such sacrilege? Given that there are 127000 users that have lost coins.
Did you like the bank bailouts in 2008-2009? Bail-ins in Cyprus? Inflation eating away 50-70% of your purchasing power over the last 30-40 years? If not, why recreate it with bitcoin? Either way, if this is a good idea, just do it. Ditto for people who want an FBI-coin fork etc. There will be plenty of other things people want a fork for. It is open source software, fork the blockchain and fork the software to make this idea a reality. Perhaps enough people will agree, but discussing it does nothing to help these people. Delaying doesn't help them. As an added bonus this will put to bed insanely dumb ideas about forking for good. |
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If you think it is a good idea, do it. This is open source software. Then you can see how many people agree and switch you your Gox-coin. Let us know when the fork is ready. Talking does nothing to help these people. I don't understand why everyone would be so against it. It's not bailing out Gox. It's bailing out the people (that's real people some of whom are committing suicide) that invested in Gox. And it's about creating a unique reputation for Bitcoin compared with fiat that will drive adoption, and reverse this PR.
In a regulated exchange you have to keep reserves, and you have to ensure them, and you have to take industry dictated security precautions with it. But if it goes missing it's never seen again. Bitcoin has the opportunity to be better.
Citibank just lost $400m, which is never coming back. Imagine if Bitcoin could show the world that it could fix those problems. If you're worried about setting a precedent, set some rules. 5% or more of total coins in circulation. Forensically traceable to the owner. The evidence presented to the miners that will vote. The new keys passed into the control of an administrator who's job it is to return the coins, bypassing Gox completely.
At the moment the public perception of bitcoin has been retarded by 2-5 years. Forking the chain could advance it by as much.
If the FBI want's to confiscate money they won't do it through control of the blockchain, they'll use the courts. If some authority tries to unjustly confiscate users coins, they won't get the anonymous votes.
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I think everyone has sympathy for these people, don't confuse discussing something logically with you as having no compassion for them. Certainly there are plenty of people who just didn't know not to keep bitcoin on an exchange even though it has been stated by many hundreds of times - in fact I know a technically adept guy who had a few bitcoins at Gox because he just didn't get around to moving them. Stating the fact that if you don't have the private key, you don't own bitcoin, is trying to help to educate people to the benefits of bitcoin. It is always best to educate yourself prior to investing, and a lot of people did not investigate Gox enough. I've been telling people not to use Gox for more than 18 months because they just seemed inept. Regarding this: Most inventions that has become mainstream has been made so that you do not need to know the underlying technology, and you don't need to be sophisticated to use it.
This is true, but we aren't there yet. This is like the internet in 1988. Some people were using it, but it was not easy to use telnet, ftp, and gopher for the average grandmother. It wasn't for another 10-15 years - maybe 5-10 years after the web became available - that it became pretty easy to use. Ease and safety will come. Things like ardware wallets so you don't think you need to store BTC on an exchange, easy, more reputable exchanges. (Just think though if the USA hadn't had a $20+ million cost to set up an exchange due to all the rules and regs for almost 50 states (iirc 2 don't need a license), Gox probably would have had better competition years ago and not gotten this far!) Thank you everyone for all the input, I think there's a lot of good input here.
...snip...
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All exchanges are doing fractional....
just force every exchange to do all deals in the blockchain...thats not going to happen---cause the big fish want to cash out of the ponzi and the bagholders are waning !
Cheers
I have yet to see evidence of this either. If people weren't using an exchange for long-term bitcoin storage, fractional would not be possible. |
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Yes its possible.
Bitcoin would be dead.
Bitcoin would be fine. Goxcoin would be dead - we could stick a fork in it.  |
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If the current Bitcoin model allows a guy like MK to wreak such havoc, then there's something wrong in the current Bitcoin model.
If the current fiat currency model allows you to destroy money by burning banknotes, then there's something wrong in the current fiat currency model.  Haha. Very funny. "With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party. What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party." Bitcoin is supposed to work without the need for a trusted third party. If that were true, we wouldn't be here discussing MK's evil deeds. People chose to ignore that bitcoin does not need a trusted third party, and put their trust in a untrustworthy third party - MtGox. It has been said many, many times, but if you do not have your private keys, you do not own bitcoin. At best you have a ledger entry on someone's books saying that they owe you X BTC. It is the difference between owning gold or owning GLD; or holding cash in your hand or holding an IOU for cash from someone. This is not a bitcoin protocol problem, but a problem with an exchanges interface with bitcoin which they eff'd up royally. |
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I feel that every attempt should have been made by the whales to come up with a solution to gox where everyone received their cash/bitcoin
I've translated this to english: "I think someone (but not me of course) should reward Mt Gox with $500000000.00 for being incompetent (or frauds)". BITCOIN IS NOW DEAD IN THE WATER.... ALL THE MOMENTUM AND EUPHORIA ARE GONE. If this could kill bitcoin, then it obviously wasn't a very good idea to begin with. Why do you want someone to give away 500 million on a bad idea? Lol. Great translation. |
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If the current Bitcoin model allows a guy like MK to wreak such havoc, then there's something wrong in the current Bitcoin model.
The current bitcoin model can't stop people from doing stupid things. Like dealing with a group that has had issue with reliability for years. Like storing bitcoins on an exchange, pool or somewhere else where you don't have the private keys. Like designing software that allows one to withdraw the same funds many times. This isn't about the bitcoin model, this is about gox being stupid, uninformed, or criminal depending on who you believe and people not seeing (or ignoring) the repeated issues all through 2013 and before. |
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750k is not inconceivable. What is inconceivable is that a significant portion of those "coins" were highly liquid. I agree that if the numbers are that high, it is largely in part due to the use of Gox as a web wallet. The fact that Gox was an exchange is not evidence in and of itself that all coins held there were readily available on the market. Just take a look at the order books -- it puts things in perspective.
If only a smaller fraction of these coins were liquid (say, 100k), then the remaining 650k were for holding, presumably using Gox as a wallet. I still can't imagine that 6% of all coins have been held at gox, at a time when everybody should have known for month what kind of company they are dealing with. I am surprised people didn't know better too - but think about the number of coins kept at mining pools when for years there have been examples of pools having the wallets emptied or going bust due to bugs. And yet, miners still keep BTC at the pools! They should at least have an auto-payout at 0.1 BTC or use instant payout pools. :-) edit: e.g. bitclockers, slush (vps web host inside job they thought), Hashcows etc...it has been an ongoing problem for years. |
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This is a cool test, and I know a lot of people appreciate seeing the results. It will take a long time to be useful!
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She is a racist, misandrist, and ageist.
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The subtly hidden readme. ;-) Usually they just say "see docs". lol.
edit: that did it. Thanks for the pointer. I'll check out your mod for it next. ;-)
The p2pool-vtc repo already has my patch applied. Good to know. It seems to be working perfectly. I might have to try it on the btc side. Thanks. |
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