He can claim all he wants, but until he signs one of Satoshi's early Bitcoin addresses, nobody will believe him. Satoshi might be dead, but everyone has some family or friend that knows about their secrets. Satoshi could even have left a clue or something for people to find him, but it has not been found yet. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I would have also silently disappeared into the shadows, if I was in his shoes, but I would have left some clues for people to find the coins in the future.. Why would you hoard over a million of coins, if you wanted people to use your technology as a alternative currency. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The truth will come out eventually and then CW will have a lot to explain. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.
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What people will not do for a fraction of a cent these days. A lot of these scripts collect data and they might even have exploits to hijack your login details or even transfer your account balance to a new address, so why risk using doggy scripts like this for a few Satoshi? Ok, the balance transfer might not be that easy, because you have to sign the previous Bitcoin address before this would be allowed, but they can dump those coins on gambling for a bit of fun or to sabotage your account balance. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Wetsuit might even pick up that you are using a bot and decide to "block" your account. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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The problem I see with this is as follows. Imagine a scenario where a economical strong country wants to destroy an economy of a bunch of smaller countries, so they buy the colored coins of that country and deposit it into a "Burn" address and effectively destroy the currency of that country. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) We do not use colored coins because colored coins can be targeted for whatever reason, so each Bitcoin is the same and no individual or group or country can be exploited or manipulated by actions like this. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In any way, governments want currencies that they can manipulate, so they would rather opt for a option to create their own "GovCoin" that cannot be manipulated or exploited like this. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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It was much broader that Crypto currency related sites, because even services like WhatsApp / Discord and other popular social media sites went down or their services were disrupted because of this. Contrary to popular believe, this was not an attack on their system, but rather a "bad software" update that had to be "rolled back". ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I strongly believe hackers will target Cloudflare even more now, since they saw the impact that it had on 1000s of internet sites all around the world. They should beef up their security and do proper Alfa and Beta testing on their software, before they release it. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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You know, what must happen now is for CSW to make a statement like John McAfee and promise us that he would eat his dick, if something like this does not happen. He is making these wild announcements and statements without any repercussions and that makes him dangerous. The courts must deal with him and get rid of him, because he is a nuisance and there are gullible people out there that fall for his nonsense. We know he is full of sh@#$, so we ignore his rubbish statements, but it takes time to counter and repair the damage that statements like this does to the people that fall for this.
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Do not get fooled by the Bear traps and the Whales trying to cash in more profits. They know how to manipulate the price and how to trigger a small correction after they have stocked up on some new coins. Each of the 10% corrections equals a heck of a profit for them, because they just buy a small amount of coins and then sell them for a 10%+ profit in a few days. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The Bitcoin market is small enough for whales to trigger small spikes and dips with relative small amounts of coins or cash. You just need to spot the strategy early and also capitalize on the outcome. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Regulated exchanges fit a purpose in Bitcoin too, because there are a high percentage of Bitcoin users that wants to use Bitcoin in a "legal" environment and these regulated exchanges fill that need for them. Imagine having a business and wanting to adopt Bitcoin as a legal payment option and having to work through a unregulated <illegal> exchange and then explaining that to the IRS or your local tax authority at the end of each tax year. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Luckily for us, some of these exchanges have picked up on what direction governments are going towards with these regulations and they acted preemptively and moved their operations to a "Bitcoin-friendly" jurisdiction or they go the decentralized route. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I like the replies so far, because it is mostly positive and people seem to think that most current developers in Bitcoin as a OpenSource experiment are passionate about the technology and that they would still participate, even if they get employed by some Moneybag corporation. It is quite different if these corporations contractually force them not to work on other projects, while they are employed at these companies or if they are so busy with their new projects that they cannot give enough attention to Bitcoin as their side project. It boils down to quality time and undivided attention to Bitcoin and inferior contributions from less skilled developers, when the more experienced developers gets occupied with other jobs. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Aren't a lot of them volunteers? I don't think they're in it for the money. Either way, it's still an open source project, meaning we shouldn't get a shortage of talent for as long as there are people who care for the well being of Bitcoin.
Yes it is Opensource, but you get very talented developers and then you get crappy developers and the people participating now are excellent. A lot of these people are doing this for the bigger cause and not the money, but we saw people like Mike Hearn leaving for the money and this can happen to the people we have now, if the offer is high enough. <Well, Mike Hearn might be a bad example, because he tried to sabotage Bitcoin and he rage quit when he did not succeed.> We need people who are passionate about the cause and not people who would sabotage the project.
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I bought some of my first bitcoins when the price was $300+ and back then it was a huge risk because the regulators were hunting Bitcoin traders and platforms trading fiat for coins. In hindsight it might look simple, but people where very cautious back then to link their true identity with services like Coinbase at the time. <late 2013> ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) So, put yourself into the shoes of those people back then and see if you would have risked investing loads of money into something that was quite risky at the time. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) <Legality was part of every discussion back then.> ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Blockchain based technologies are suddenly a trend and every Tom, Dick and Harry wants it's company to develop their own Blockchain based technology. We also saw huge corporations like Facebook getting in on the action with Libra and this will spark copy cats from trying the same. The question is, will our skilled Bitcoin developers abandon Bitcoin when these large companies approach them to work on their projects or would they stand firm against these money bags? What will Bitcoin be without these people working hard behind the scenes to constantly improve and secure the technology for us all? ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Yes, since the announcement that Facebook would be launching it's own Crypto currency <Libra> soon, other companies have started to search for Blockchain developers to help them to develop their own Blockchain based technologies and this has significantly increased the demand for developers with Blockchain experience. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) It will just get worst as more companies follow suit and if this venture from Facebook is successful. So it is now a good idea for people to experiment with their own Alt coins and to brush up on their Blockchain knowledge. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Do not believe all the crap you read on the Internet, because a lot of the BCash people wants to market BCash as the real Bitcoin and that is a bunch of crap. Yes, as previously mentioned, people who had Bitcoin prior to the fork, would have received the same amount of BCash in return after the fork, so those people were encouraged to extract those BCash coins to get those coins for FREE. That would not have doubled your Bitcoin <BTC> investment, because the BCash value is MUCH lower than the true Bitcoin. <BTC> You pay a premium for quality <BTC> and a low cheap price for trash <BCash> ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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It's a tricky situation at the moment, because the price has dropped with more than 80% since 2017 and a lot of people are hoarding coins in the hope to get more "bang for the buck", when the price goes to a new ATH again. Have you advertised properly that your sites are accepting Bitcoin, because most sites do not market that very well and then they blame the community for not supporting it. I would create a thread announcing that you are offering Bitcoin payment on your site and ask for inputs on how to increase traffic to your site. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Before you start a thread like this, use other resources first to check if the site you are using are not faulty. I use Preev.com as a secondary price checker for all Bitcoin prices. I also use my local exchange to check the price, if Preev.com is not working. In any way, it would have been global news if a commodity/currency lost almost 95% of it value in a day. You would see chaos on Reddit and people cutting their wrists in public. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Just cross check next time, before you create a thread for this. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I probably wasted a good 5-10 minutes trying to lookup the definitions and the designs and find any connections with Bitcoin. Yea.. it'd be great if you'd actually tell us the "clues" you're seeing.
Only thing I see is the mentioning of "flipping a coin" on the images that was provided, so that could be his conclusion that it mentioned a coin. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I know people who have played that before and they never mentioned anything about coins being traded in the game. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The other possibility is the Asian connection with Satoshi Nakamoto's name, but that would simply be stupid to make that connection. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) OP, mind giving us some indication or detail on where you see the connection?
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One value source of trading comes from trading that are done at Bitcoin meetups. Most of the regular people there are trustworthy and known by most of the other people that come to these meetups. You can start a thread in the Meetup section or look for a thread for meetups in the UK, here --> https://bitcointalk.org/index.php?board=86.0I have managed to hook up with some very influential traders at some of these meetups and I trade with some of them on an informal basis. You just need to establish some trust and a lot of these meetups are held in public venues with loads of CCTV coverage.
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Look at it from a different perspective. If you manage to hide most of your transactions and you are a successful traders, would you be able to explain to the tax authorities, where your income are coming from, if they do a life style audit on you?
People think they can hide things from the IRS, but at one stage your income from trading has to be spend and then your start leaving a paper trail and that normally leads to your downfall. <Buying assets, leave traces of spending habits>
Why risk going to jail for tax evasion, if you can simply pay the damn taxes and enjoy the proceeds of your labor?
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