What is it I am exactly? You could call me gullible if I actually risked large amounts of money and if I  ever expected Matthew to pay.
I did neither, nor did anyone else.  The bet was won before it started .

Now, how much did team ponzi  bet on Pirate being legit?

Coming from one of Pirate's staunchest defenders, the hypocrisy is astounding. 


Repeat it to a mirror.

Bitfloor exchange was hacked.
http://www.techspot.com/news/50043-bitfloor-breached-hacker-makes-off-with-250000-in-bitcoins.html

Bruce Wagner is probably telling you the truth and used bitfloor,  and he seems to be doing what he can.  Why dont you just wait 3 days?

Bug report.

I tried sending money from my blockchain.info online wallet. Here is what happened:

First I tried send money, quick send, and entered the data. It asked me to provide private keys for all my watch only addresses. Why does it not try to send from the other addresses instead?

So I tried custom send. Selected an address with sufficient balance and private keys. It asks for confirmation, starts doing stuff (dont remember, it was a progress bar as if processing stuff) then nothing. No error, no confirmation. Nothing happened. Unclear if the transaction was recorded or not. I tried again with very small amount, same thing happened. This is using Chrome.

So I tried android wallet. Same problem as online wallet; it asks for private keys for addresses I only watch and will not send anything.

So I archived all the watch only addresses and tried again. First I tried in the browser again. This time it tells me "insufficient funds" although I selected an address with 10x more BTC than I wanted to send!

Sigh.

Finally tried android wallet again. This time that worked (after I had removed watch only addresses). But it didnt ask me for transaction fees. They were zero. Result, I will be waiting all day for 6 confirmations


I like your apps very much, but you have work to do to make them usable.

+1

If even a retard could spot such obvious ponzi, but you couldnt; doesnt that say more about you than about the retard?

4 step program to successful bitcoin ponzi:
1) promise even more outrageous interest rates. 
2) Launch security on GLBSE.
3) Give patrick harnett fake numbers so he will provide you with AAA rating
4) For maximum profit offer some VIPs a piece of the cake and let them legitimize your scheme.

Chances of success: 100%.

Its because of those risks and the risk of other ASICs coming out earlier or taking preorders earlier. Its understandable from the supplier POV; if you wait until november or maybe even december and you have shelves full of products ready to ship before taking orders, you may find the market saturated already by one of the other vendors, difficulty above 100M  and prices in the toilet.   Preorders is selling this risk to customers.  BFL started it, others have no choice but follow. There are now 4 asic producers  saying they will have product this year. Its a big gamble, not everyone will win. I think most will lose.

Patricks rating are just as much a joke. AFAICT, he hasnt actually checked any wallet addresses, seen any bank statements or has any way to actually verify that what is being said is true. He is just believing the ponzi operators on their word. Big surprise they all get high ratings. Its frigging hilarious.

Understandable. If you insure an obvious ponzi, whod have thought you might actually have to pay out 

In before default of yet another ponzi scam.

I apologize sincerely to anyone I mislead in to believing Pirate was running a  Ponzi.
SORRY!



So true;
THANK YOU PIRATE, THANK YOU!

For Matthew's sake, that long road better not stretch beyond september 9th (was it?)

and you base that on what exactly?

May I suggest  BFL write out an international design competition, give participants 6 or 12 months to submit designs?
Im a gpu miner hoping to buy some time

Thats nonsense. The difference between a full custom asic and standard cell asic is relatively small, usually less than one process node, and we dont even know what node they used. For some applications and particularly if you dont have very skilled designers with a ton of time, a standard cell solution might even perform better, but will typically be a bit bigger.

Im pretty sure BFL will deliver a standard cell asic, and their "full custom" refers to the asic design, not the transistor design. A poor choice of words perhaps, but nothing more.

Fascinating thread this

good way to get many sockpuppets to register.. give my 0.01BTC to the post above .

You can pin protect it all you want, just how do you expect to sign the transaction without private key? Either the card must run a bitcoind (good luck with that) to sign the transaction or you need to give the terminal the private keys.

The only thing I can see that you could do to limit the risk is prepare the wallet so it has lots of small addresses of all, say, 0.1 BTC of which it could hand the private keys to the terminal as needed. But if you ever use addresses again, you could be screwed and it would probably be difficult for the card to keep track of whats already spent and what isnt.

Exactly how could the terminal make a payment without having access to the wallet file? Its not like you can run bitcoind on a smartcard. Its all or nothing.

So you want to give a third party terminal fulll  access to your wallet in order to make a payment?  I dont think so.