Also, if he's going to dump, it will be sometime after 5PM CST.
Not 100% sure, but it's looking likely, especially if the market jumps up to like $14 real quick with enough depth for him to make a bit more in the dump.
Why didn't he dump 2 days ago? |
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Someone is deciding to sell everything after the price dips to the $13-$14 range? What a genius. Warren Buffet in the making.
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I think speculators are screwing with the market so they can buy tons of coins from old-timers and miners.
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13.6 guys... getting closer to 0! In several hours it will be 10, then 7, then 4, then 1, then -5... better sell before it's too late!
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Difficulty goes up! Price goes down!
Tiger Blood!!!!!
I don't get how the price is going down after a difficulty increase... anyone able to englighten me (and others)? (Aside from the notion that the price falls every weekend, since it is currently friday.... and the prices usually haven't dipped (at least last week they didn't) until Saturday). All the miners say "This sucks. I quit" and then never look at Bitcoin again. |
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There needs to be an option for "Forgot my username to Mtgox". Hasn't happened to me though but some people were bitching a lot until they realized they just had the wrong username.
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This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 0, and could possibly even hit negative value. Sell everything.
I don't get it, why did you take your time to make this post? where you thinking 'people really need to see this important information i discovered.' This. Based on my data analysis, Bitcoins are projected to hit 0 and even lower values within a few days. Mining Bitcoins will make you lose more money than just electricity once it hits negative values. GPUs aren't meant to calculate hashes in reverse, so it could cause catastrophic short-circuits and possibly explosions in the homes of people who have dozens of mining setups. |
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 This is proven with a mathematical linear regression, which is used by market experts to forecast future values. This regression clearly shows a trend towards 0, and could possibly even hit negative value. Sell everything. |
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If you believe your anonymity is worth $500K so be it. What do I care, its not my money. Anyway, best of luck to you if its true and if its a hoax.
I'm sorry I hope you take no offence, but what are you talking about. How does me going to the media help me in any way? What are they going to do? Donate me some BTC out of pity? The only realistic way to pursue this is using the legal/justice system. I do not mind revealing my identity to the proper authorities. But thanks for the best wishes. like the police would do anything for us. theyre probably treating it as seriously as a stolen bike. Stolen monopoly money is more accurate. |
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I sell my Bitcoins when they get down to $10-$13 because I might lose everything.
I buy Bitcoins when they are at $25, because then they are doing well.
Buy high, sell low.
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It ran up from $1 to $30 really quickly. a price drop back down to $15 or even $8 is not going to cause a loss of interest.
The reason why it will cause loss of interest is that mining is not profitable anymore. I think this is a big part of the whole bitcoin craze. It will still have some interest, but it will lose alot. Bitcoins are mined at the same rate regardless of difficulty. |
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Can we let this thread die?
Really.
Unless you enjoy the press picking up on someone's lack of personal security and inferring bitcoin is at fault.
The press really eat up this forum. I bet there's reporters hovering over this place just waiting for something juicy to write about, usually negatively. |
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Looks like I was wrong, unless something crazy happens. I wonder when they'll get back up there.
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I was thinking you could hard-code in an array of "illegal" bitcoin addresses (those of the perpetrators) so that no client will invalidate Bitcoins originating from them. Also, you could hardcode in an address that starts with the amount of Bitcoins stolen, and give allinvain the private key. I'm sure it could be done though I don't know the technical specifics.
You could actually turn it into an entire component of the client where you hardcode in reversals of fradulent activity, based on democratic and fair judgements.
Who will be the arbitrator of fraud and how long does it take before fraudulent is defined as immoral and then how do you go about determining if something is immoral. Well in this case it's pretty obvious that it is fradulent and the money should not have been sent, and it could be a one time thing since it is 0.3% of all the currency. |
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Allinvain could also offer a reward for information and/or recovery.
I thought he did? |
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I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges. See: http://www.bitcoinwatch.com - Bitcoins sent last 24 hours http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird. Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address. The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved? Counterfeiting!!!! SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!! This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything. Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man... Someone has no sense of humor whatsoever. |
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So you want to (a) freeze the coins and (b) create a new block reward to replace them? You'll need 100% of the miners or (a) won't happen and (b) will fork the chain.
You could make the generation happen 6 months from now so everyone would have updated versions by then. Hypothetically I mean, I said I'm not necessarily behind this but just presenting it as an idea, maybe as a special exception since it is 0.3% of the entire economy stolen. |
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