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881  Bitcoin / Bitcoin Discussion / Re: Dorian Satoshi being the real Satoshi? here are some facts... on: March 09, 2014, 12:36:37 AM
Actually, no. I don't want to know who Satoshi is. I think the fact that his identity is unknown is just perfect. It forces people to focus on the invention (Bitcoin) instead of its creator. It prevents sloppy journalism which would make ad hominem attacks against its creator instead of criticizing Bitcoin itself. And finally his anonymity gives the whole thing an epic aura, it is the stuff of legends and history.

Sometimes I tell people that the biggest reason why Bitcoin will proliferate and succeed in disrupting the status quo is the fact that no one knows who Satoshi is Smiley I might mean this more seriously than you might think.

Fully agree.
So it is probably good that trainspotter Dorian is distracting everyone who can't see that the invention is greater than the inventor.
882  Bitcoin / Bitcoin Discussion / Bitcoin software development visualized on: March 08, 2014, 10:14:08 PM

Awesome video by Zwoelfenbein

https://www.youtube.com/watch?v=sYJwen53cII

Shows the incredible level of re-engineering and enhancements behind the Bitcoin software suite.
883  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: March 08, 2014, 08:46:36 AM
Great work jl2012.
Their total has now reached the 85k which Exante was reported to own in April last year.
884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2014, 01:16:26 AM

Noise on reddit about gox user data...

http://www.reddit.com/r/Bitcoin/comments/1zumlu/somebody_is_trying_to_sell_mtgox_user_data/
885  Other / Meta / Re: Should newbies be restricted again? on: March 08, 2014, 01:14:24 AM
Maybe newbies could start with full access, as now, but be kicked into newbie jail if they hit a certain ratio of ignores to posts.
886  Bitcoin / Bitcoin Discussion / Re: [Poll] Should Bitcoin be regulated? on: March 08, 2014, 01:02:35 AM
Ron Paul is the best president the US never had.
887  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2014, 12:50:43 AM

ya the only "evidence" she has is the fact that he fits the profile.

as for Nakamoto: "I can not do that." or  "i'm no longer Involved",  could very well be a slip of the tong / misunderstanding.


... still

I want to believe!

Not him. Dorian can't write as well, and would never have had the time to mess around with trains if working on Bitcoin too.

btw. Can anyone see this? https://bitcointalk.org/index.php?topic=506152.0;topicseen
888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 08:20:25 AM

So MK could probably pay back at least 30% of everyone's goxxed coins.
889  Bitcoin / Bitcoin Discussion / Re: What to call 0.001 BTC? (5 BTC Bounty) on: March 07, 2014, 04:17:20 AM
Millies, as a friendly form of millibitcoins.

I like it because it goes with Mikes, a friendly form of microbitcoins, and someone is sure to do a nice logo of Millie and Mike.

+1

"mil", plural "mils", is still the simplest.
890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2014, 04:14:19 AM
I'm normally a perma-bull, but Satoshi waking up brings nervousness that his coins are more likely to move than before, when some people even considered that he may be dead and his coins were frozen long-term.

So, unlike the Dorian antics, the market may take a bit of a hit with the latest development. Retest of 600 possible.
891  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto's P2P foundation profile makes a reply on: March 07, 2014, 04:09:05 AM
While Satoshi is showing interest again in Bitcoin it would be nice if he reconfirmed that the 1MB max block size was a temporary anti-spam measure.
892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2014, 10:17:50 PM
Satoshi Nakamoto to the rescue: Knocks all the MtGox stories off the front pages.  Smiley

(Dorian probably not him with writing styles so different).
893  Bitcoin / Bitcoin Discussion / Re: [PROPOSAL] - lock the apparent Mt. Gox coins for now on: March 06, 2014, 07:14:41 AM
Best not to call the new forked coin Bitcoin, as it will cause confusion. Maybe 'untrustworthyCoin', 'bailoutCoin' or even 'CannotTrustCoinAsMaybeFrozenAtSomeFuturePointInTimeCoin'?

The thing is that even if "apparent" gox addresses are locked, never mind the collateral damage of locked coins on non-gox addresses of innocent bitcoin holders, this would not return any funds to people who had their coins lost on gox.

It is purely an act of revenge. So the the forked Bitcoin is best called RevengeCoin.
894  Bitcoin / Bitcoin Discussion / Re: [PROPOSAL] - lock the apparent Mt. Gox coins for now on: March 05, 2014, 10:30:42 PM
10 of those "Gox coins" are mine!   How about we lock them where they belong, back on my paper wallet.  I deposited them after the withdrawal stoppage, so I know damn well they have not left Gox's pocket!

God give me strength. I'm beginning to lose the will to live. Roll Eyes

Yeah. I know, I was thinking of similar events like someone giving money to Nigerian email scammers and complaining afterwards, but you sum up the situation perfectly.
895  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: March 05, 2014, 10:07:15 PM
Holding someone's money hostage is a big deal.

I left mtgox in June last year after it was obvious they were blatantly lying with their TwoWeeksTM mantra, and were holding money hostage.

You knew this too and allowed $5k to get stuck on gox. Just because you like hammering gox you don't need to hammer bitstamp as well. Bitstamp have behaved honorably at all times.
896  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2014, 09:32:00 PM
Breakout early warning...

Yes, btce and huobi are building a launch-pad.  Stamp still thinking about it.
897  Economy / Speculation / Re: Now we have 750,000 less bitcoins in circulation ? on: March 05, 2014, 08:56:29 PM
Has it been confirmed that they were not all stolen at once recently and thus sitting in on someone with unknown intention's wallet?

I hope it was stolen by many over time, or lost, or anything but above... but was wondering if there is an update I have not heard?

I think this convincingly argues that the biggest part of this theft must have happened long ago.

http://falkvinge.net/2014/02/28/the-gox-crater-crowd-detectives-reveal-billion-dollar-heist-as-inside-job/

I wrote up what I thought happened in narrative form here: https://bitcointalk.org/index.php?topic=497289.0  and it shares similarities with the falkvinge article.  I think most of the coins were already gone sometime around June 2011. 



I liked your write-up Peter, but what happened to the 424242 coins. Are they still largely untouched?
898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2014, 07:11:26 AM
Gotta hand it to Tera with his/her 666

667 is the geometric mean of the Stamp ATH and post-ATH low. It is logical for the price to gravitate there now that the gox-shock has faded.


I have a difficult time thinking that any of this gravitation of bitcoin price around 666 is natural... Surely we have momentum that whales and bots cannot control.. but some of these coincidences of gravitations are likely bot/whale manipulated... . Whales can keep us up and keep us down within a range... take for example the sell $700 wall on bitstamp... if the momentum seems too great, then that sell wall will get pulled and put at $720... however, in the meantime, the whale got his way to keep prices below $700 and then to move downward in order that he can buy new BTC at $666 from his $700 sales...

Nice deal for those who have the means to manipulate... I am ONLY resentful to the extent that I do NOT Have those means and that ability, yet if I did have those means and that ability, it is likely that I probably would use that kind of manipulation to make sure and easy money.


Yes, whales can make easy money, but I'm really skeptical about the importance of whales, unless it is a major holder like Exante or Winklevoss deciding to divest 100k coins in quick time. We saw a 10k sell wall recently and although the short-term impact was noticeable the effect after 24 hours was pretty much gone. It was news driving the volatility at that time, and once the news went quiet the market has reverted to longer-term sentiment.
899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2014, 06:43:15 AM
Gotta hand it to Tera with his/her 666

667 is the geometric mean of the Stamp ATH and post-ATH low. It is logical for the price to gravitate there now that the gox-shock has faded.
900  Economy / Exchanges / Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC on: March 04, 2014, 08:00:22 PM
Can anyone explain that trade that came out of the api at $633  over 300btc below the bids?

3,000 below the bids! Yes, explanation needed as the integrity of the trading engine is very important.
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