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8681  Other / Meta / Re: BOOKMARK THIS SITE AS https://109.201.133.65, DOMAIN WAS TRANSFERRED on: May 03, 2013, 10:33:21 AM
~sipa says (on the dev irc channel) that the registrant 'Martti Malmi' is ~sirius.

Wasn't ~sirius the guy who ran it when the zero-day cosbycoin hack happened and he handed it over to ~theymos who had somewhat better sys-admin skills?  I wonder if he decided he wanted it back?  Presumably it's worth some bucks.

Noted also that ~theymos did an AMA on reddit recently.  Almost as if he wanted to gain some support for retaining a userbase or something.

I wonder if the course relationships (seemingly) demonstrated by ~vess and ~magicaltux are rubbing off?

8682  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 07:46:35 AM

There's a lot more potential here for disruptive revelations. I'll randomly enumerate a few possibilities.
...

Another line:

Coinlab realized (after the FINCEN guidance came out which, iirc, came the announcement but not by much) that it was going to be costly and risky since it was clearly just some opening volleys in the abuse yet to come.  Mark and Peter still needed to give their investors/friends something and what these people want are BTC (being late to the party and finding themselves sucking hind tit to a bunch of geeks and garden variety criminals.)  So they engineer a bubble collapse calculated to shake out the highest number of BTC.  The rather questionable figure of $75M seems a bit pulled from the air which lends some strength to the admittedly far-fetched hypothesis.

8683  Economy / Speculation / Re: The bear market is on.... on: May 03, 2013, 07:28:49 AM
This is definitely a bearapocalypse,lol.

"Bearpocalypse Now"  Good one!

Thread title changed.  Wink


Does this end with ~vess going up the river to Tokyo and hacking ~magicaltux with a machete?

8684  Bitcoin / Bitcoin Discussion / Re: Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? on: May 03, 2013, 06:46:09 AM

Voted 'hell no'.  The guy is making me money, and is my best bet to make a genuine fortune.  Three cheers for ~vess!

Now, how about an update on Coinlab/MtGox for Christsake!


Changed my mind (but to lazy to change my vote.)  The guy is costing me money.  Take a hike ~vess!

And as for the update, thanks for nothing!

Smiley
8685  Economy / Speculation / Re: The bear market is on.... on: May 03, 2013, 06:00:04 AM
This is definitely a bearapocalypse,lol.Might be worth selling I think.It might be best to do so now before most US users wake up I think.

"Bearpocalypse Now"  Good one!

While I'm here, I'll call the bottom as in the $40's within a month (absent an external calamity.)

I claim no insight, knowledge, interest, or skill in such things as price picking though.  And I'm certain not putting my money where my mouth is!

8686  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 05:17:23 AM
Roger Ver is saying that he knew nothing about the lawsuit until news of it was posted on these forums.

A 75 million dollar lawsuit is a pretty huge thing to keep your investors in the dark about.

https://bitcointalk.org/index.php?topic=193922.msg2013531#msg2013531

Well, I'm seeing Roger as a standup dude, but when there's talk about a lot of money, it's not that easy to know anymore.

Maybe he's one of those "have money, will send to strangers" type folks?  He seems a veritable gold-mine for a certain class of participants in the ecosystem.

8687  Bitcoin / Bitcoin Discussion / Re: Do we want to work with money regulators, or keep Bitcoin unregulated? on: May 03, 2013, 04:12:15 AM

...

Edit: A timely post in ZH which reminds us why Satoshi created Bitcoin:

Unfortunately, free enterprise is being strangled to death in the United States today.  Entrepreneurs and small business are being pounded into oblivion by rules, regulations, red tape and oppressive levels of taxation.  ...  Meanwhile, wealth and power continue to become even more heavily concentrated in the hands of big government and big corporations. ... We need to change the rules of the game so that entrepreneurs, small businesses and average workers can thrive in this country once again. 

http://www.zerohedge.com/news/2013-05-02/22-facts-prove-bottom-90-america-systematically-getting-poorer

Buttcoin does not change the rules of the game.


I glanced through the ZH thing and didn't see any evidence that 'Satoshi' did any particular thing for any particular reason.

You would not, by chance, be projecting your beliefs onto the actions of someone you don't know would you?  If so, it's probably not as helpful to your cause as you might think it is.  Lotsa people would probably think it makes you look like a jackass.

8688  Bitcoin / Bitcoin Discussion / Re: Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? on: May 03, 2013, 03:19:48 AM

Board meetings of the foundation will be interesting now.


You mean with Mark and Peter yuck-yuck'ing about engineering an earthquake which shook a lot of BTC out of the weak hands in yokel-land?

8689  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 01:39:22 AM

I'm in the US also.  Using chromium everything about the cert looks in order.

It would be interesting to know if anyone from outside the US (and our territorial possessions like Canada) is having the same issue.

8690  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 01:24:34 AM
Interestingly I just tried to log in to my Mt. Gox account and nothing happens.

I don't often log in since I don't do any trading, but I've used this same machine before without problems.  I guess it's off to the 'service' board to see if others are having similar difficulties.

8691  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 01:12:58 AM
...
This is gonna be interesting given that there are very high profile Bitcoin people on both sides of this lawsuit (Roger Ver is a CoinLab investor).

Yet another lawsuit involving Mr. Ver.  There go some more of my tax dollars to support Bitcoin participants.  I'm not complaining per-se...but sheesh.  Can't these guys just shoot eachother or something?
Doesn't the losing party in civil court generally pay court costs?

Certainly not if they are indigent.  "Can't get blood from a turnip" so they say.

8692  Economy / Service Discussion / Re: CoinLab suing MtGox for $75 milliion? on: May 03, 2013, 01:08:29 AM
...
This is gonna be interesting given that there are very high profile Bitcoin people on both sides of this lawsuit (Roger Ver is a CoinLab investor).

Yet another lawsuit involving Mr. Ver.  There go some more of my tax dollars to support Bitcoin participants.  I'm not complaining per-se...but sheesh.  Can't these guys just shoot eachother or something?

8693  Bitcoin / Bitcoin Discussion / Re: BitcoinATM to be unveiled on Thursday in San Diego on: May 03, 2013, 12:32:37 AM
Interesting Jeff Berwick post on his site.

My Official Withdrawal from the BitcoinATM Project


<chuckle> ya...um...you guys go ahead and feed money into that thing first.  I'll stand by and enjoy the show.

8694  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream on: May 02, 2013, 10:10:17 PM
Maybe with the following modification:

  "Work (for me) together, not against each other.


Smiley Funny. To work together, the opinion of everyone must be taken into account. Both yours, and mine. I already don't 100% agree with everything myself and I defend others opinions, but searching the best compromise for everyone is my goal. Not just a few. As said before, I also like the idea of an more open press center. I'm just respecting the reasons why bitcoin.org might not be the right place for this.

I think whoever was manipulating bitcoin.org fucked up and dropped the ball on this one.  Now it's time to pay the piper.  That means to me either:

 1) drop the entire page (and move toward a tech-only posture.)

 2) re-instate name from those of 'all stripes' with some reasonable construct which would mitigate against foot-in-mouth semi-accidents.

I happen to end up being somewhere between repulsed and horrified when many of the Libertarian stripe pull stuff from deep within their minds, but I

 - always felt that Ver and Matonis have exercised a reasonable degree of restraint in public and have served 'the cause' well, and

 - plenty of those who are more naturally on 'my side' have equally horrific thought patterns bottled up inside and waiting to get out.  Myself included.

I'd hope that option #1 is chosen and worked towards.

8695  Bitcoin / Bitcoin Discussion / Re: Do we want to work with money regulators, or keep Bitcoin unregulated? on: May 02, 2013, 09:46:08 PM
We can work with regulators to make sure Bitcoin is acceptable to them. For instance we can ensure that it remains possible to track the flow of money through Bitcoin. We can also ensure that there are options if certain funds need to be frozen and blacklisted, due to fraud, theft, or because they encode illegal data. We can work with them to find ways to apply AML rules to Bitcoin transactions and to the exchanges. There are ways to put taxation into Bitcoin itself, so that taxes are automatically applied when a transaction is made. Maybe even one day we'll be required to prevent dangerous levels of deflation. A lot of these changes are technical, such as improving scalability so transactions can remain on the blockchain, developing P2P blacklist technologies, and preventing deflation.

Sounds freakin' dandy. Count me out if it goes this direction.

The trouble(*) is that at this time, and possibly for some time to come, for every '1' in the real world who is turned off by such things, there will be '10' who will think they sound great(**).  Their response will be 'Count me in.'

(*) Of course "One man's trash is another man's treasure." so 'trouble' may not be the right word exactly.

(**) I'm not standing by and exact 1/10 ratio.  Just making a point as I see it.

8696  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream on: May 02, 2013, 09:34:08 PM

... As simple and cruel as that. ...


My rough translation would be:

  "STFU and be happy.  There are things you don't need to know right now."

I'll go ahead an '+1' but neglect to explain my rational.


My rough translation would be : work together, not against each other.


Maybe with the following modification:

  "Work (for me) together, not against each other.

I anticipate that it is almost inevitable that alternate crypto-currencies will be issued by different organizations to further different goals.  This unless free communications are clamped down on to an extent that I don't believe is probably possible.  This process will take some time however, and it will likely be possible to milk the shit out of Bitcoin in the interim.  That's why "I agree with this message."

I only spout off on this forums (and usually do so with a high degree of honesty) because I believe that it ultimately has little influence on anything.

8697  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream on: May 02, 2013, 09:09:02 PM

... As simple and cruel as that. ...


My rough translation would be:

  "STFU and be happy.  There are things you don't need to know right now."

I'll go ahead an '+1' but neglect to explain my rational.

8698  Bitcoin / Bitcoin Discussion / Re: What do you make of Bitcoin's scalability concerns? on: May 02, 2013, 08:32:13 PM
... In fact, you could make a para-paracoin that leeches off of paracoin. ...
I thought of that when I was showering this morning. ...

It also occurred to me that it might be possible to derive nourishment from multiple sources simultaneously.  'poly-paracoin'? 

Probably not worth the extra complexity. ...


Hmmm....or would it?

If the 'proof of work' is truly plug-able, most of the system would not care a whit about what miners do.

I liked the 'simplicity' of just having solid equivalence in all ways between PCN and BTC.  But there may be a role for a coin which consisted of a 'basket' of crypto-currencies!  Hmmm...

8699  Bitcoin / Bitcoin Discussion / Re: What do you make of Bitcoin's scalability concerns? on: May 02, 2013, 08:19:44 PM
... In fact, you could make a para-paracoin that leeches off of paracoin. ...
I thought of that when I was showering this morning. ...

It also occurred to me that it might be possible to derive nourishment from multiple sources simultaneously.  'poly-paracoin'? 

Probably not worth the extra complexity.  The end-goal would be something valuable enough to stand on it's own (and potentially support other worthwhile efforts in fact.)

8700  Bitcoin / Bitcoin Discussion / Re: What do you make of Bitcoin's scalability concerns? on: May 02, 2013, 07:29:02 PM

I feel the need to use insecticide after reading that. There's really nothing stopping anyone that wants to write one of those. In fact, you could make a para-paracoin that leeches off of paracoin. Aw Dawg, I hear you like parasites.

I thought of that when I was showering this morning.  It would just (potentially) add some other niceties that were important to some people.  So, that would be great!

Edit: bolded a highly important observation in the quoted text.  In short, it is probably doable!

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