I just linked our ICO wallet with ByteBall. I hope everything works fine, as it was quite a hassle.

For now the BBs will just go into the foundation's assets. We will communicate next year what we are going to do with them.


Thanks!

Best regards,
Max

I keep thinking about transferring a chunk of my retirement funds into Bitcoin. Would be a good investment, especially with the recent currency manipulation being done by govts.

I've only ever used Horus and Jdtmp4 as names. I used the name smallbitch once to troll smallbit at polo for banning me once.

I addressed the claim and said I am not OMK. Someone would have to be seriously stupid to believe that.

I am including an apology for fuck all this time, because it's just some baseless accusation.

I stayed around with my name because I was one of the very very few who had insight and was able to help, while keeping the community informed once I knew what was going on. Please read back at my posts if you like.

You have no base to any of your claims of me making other sock puppet accounts, because I haven't. I've had no reason to. If I want to tell someone something, I tell them under these names. If you have any sort of proof to back your claims up, I would be eager to see it.

Dude, I'll be fair. Not meant to not believe you (seriously), but please provide proof of said sockpuppetry. Thanks in advance.

@Horus: Dude, if at all possible, please address the claim. If true, please present your reasoning (if one exist) along with some form of an apology.

Bruno

To be fair, in spite of once sticking it royally up the dude's ass, I now lean heavily toward he being cool. If such sentiment changes, I'm not afraid to post my findings.

In the NXT chart we see the fall of more than 10% today

This is where I draw the line! No more chummy busy in this thread or I'll ... I'll ... I'll do something, albeit what I don't know. 

I can honestly say I am not OldmanKidd lol

Pink, eh?

Exactly my thought. I was expecting it either to stabilize at $860 or fall down a bit over the last 10 hours. Where is the next stop for this rocket?

Wow, did not expect to wake up to this...

This all provided the crypto scene a few lessons.. but i doubt many took anything away from it.

Most of the users could have gotten out ahead of time.. if they were not being Fanboys for Shitsy.

I railed on about the problem with the internet long before this happened.. even before GOX when i warned people on that too.

Cryptsy and what happened here is symptom of a larger problem.

Naive gullible idiots looking for a cause to cheerlead and defend.. usually against them evil trolls.

The only sensible perspective is this.. FUD first & ask questions later.

Non profit so they dont get taxed on the monies raised in the ico.

Pay attention!

Obviously the registers of Lisk foundation... why this question?

We are excited to announce the successful registration of the Lisk Stiftung, a non-profit foundation based in Zug, Switzerland. With the legal framework in place, it paves the way for a new beginning for the Lisk project. With the registration we now have guaranteed access to the ICO funding for hiring of employees, promotions and marketing campaigns, a full re-branding and future conference attendances.

Since the conclusion of our ICO, we have made a number of strategic investments, all within a strict legal framework, and many of which have begun to pay off. We have moved the core team to offices in Berlin, added an extraordinary board of advisors, hired key developers from across the world, created contests to grow our pool of delegates, set and paid bounties to contributors, secured the services of prominent marketers, established a long-term Community Fund, and diversified the Lisk Foundation’s cryptocurrency portfolio. The Lisk Foundation is the last big achievement of 2016 in our extraordinary journey to become the leading blockchain application and sidechain platform in the world.

A Financial Report for 2016 will be published soon and starting in 2017 we will publish monthly reports in our forums.

With the Foundation in place, we now have have the team, the funding, and the community to realise the extraordinary promise of Lisk. We end 2016 ready for a tremendous year ahead, and the future for Lisk could not be more bright.

Original Blog Post

Ok, you get it. I agree average individuals respect people with money. For some reason they believe the acquisition of wealth equals intelligence and understanding on a level beyond their abilities. You're right, they absolutely do want to be friends with wealthy people which is inexplicable to me. Every wealthy person I've ever known has been a raging asshole that believes the world owes them something. Maybe they feel some of that understanding will pass to them or maybe they are simply looking for a handout, I don't know.

It's impossible to know exactly how many early miners are still holding their bitcoins. I suspect that more than a million btc mined by Satoshi are lost because they have never moved. There has been plenty of bubble spikes that would be awfully tempting to someone with that many btc. At any point he could have cashed out some and bought himself a nice island to retire on. He needed to mine to keep the currency going but perhaps he chose to destroy those early coins believing his invention (his baby) could be killed by a saboteur if they fell into the wrong hands. We could live the rest of our lives only to see those coins never move and not know why.

I have spoken to people like Ray Dillinger (original tester of Bitcoin with Hal Finney), BitcoinFX (still active on this forum) and many others that say they spent and didn't keep large quantities of the early mined Bitcoin believing it would never be valued as high as it is now. To many of them it was "magic internet money" that they spent buying a 20,000 btc pizza and donating to faucets to bring new users on board. I still have 20 or so btc that I got from faucets. Can you believe they used to just give whole bitcoins away at faucets? Crazy right? Are the founders of Bitcoin lying and sitting on masses of btc? I don't think so. If you parse the blockchain you will see lots of movement of early coins after the Satoshi coins were mined. That means whoever mined those coins sent them somewhere but was it to another wallet under their control? The truth is we will never really know for sure how much they are holding.

I just thought of one other example of how little Bitcoin meant to people back then. Did you know that to become a VIP member of this forum you had to donate 50 btc? At the ATH of Bitcoin that amounts to a $60,000 donation to be a VIP member of an obscure little forum. If that doesn't tell you how stupid rich people are nothing will. ROFL