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I for one, think this is a good development for bitcoin.
We all know that as bitcoin grows and gets bigger, more accepted and more widespread, that legal dramas are inevitable.
It had to start somewhere ... and this is the beginning of Govt's dipping their fingers in, trying to see what they can do about.
It's kind of explaratory right now ... let them explore.
As long as the Bitcoin Foundation do a good job, i don't see a problem.
And the more news for bitcoin, the better.
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Hey Ken, I just seen an AMC-PT listing on BCT-TC. Looking at the details, I noticed that the contact details was for an address in London. Did you list this yourself or has someone else beaten you to the punch?
https://btct.co/securityI don't see it on the securities list. Am i missing something? It is getting voted on, Please lobby anyone that can vote for our approval. I found it. So how does this work? It is a PT from the Bitfunder security? PT ? |
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... John K. did show up, and took what seems like the fair stance on all of this, back on page 2 I personally agree that this is something bad, and that it should be looked into. I've always been against the notion of having sockies here, like I told theymos last time... Anyway, only theymos can do the checks here (barring Thomas Stefan of course). I'll PM and direct him to this thread.
I know. What really disappointed me is John K. is taking theymos' coin as a mod. His reputation was unblemished but now he is answering to theymos. When (not if) John K. has to either obey his boss, or do the correct and ethical thing, what will he do? I want to believe he will do the correct and ethical thing but we won't know if he doesn't. Unless of course, Garr is involved with a sock puppet and screws it up. Until that day, John K. is no longer as clean as he was. There will always be the doubt that he will put theymos' interests ahead of _anyone_ who employs him for escrow, etc. yeah, this shit storm is getting worse Well, as a moderator here, my personal responsibility and power here is solely limited to moderating posts/threads, and more recently, the banning of spammers. We (moderators) cannot check IPs (hence sockies), read PM's, query the database, give out scammer tags, and everything else. That said, I do not have any meatspace ties with either of the other moderating team, and Garr here, and have never met with them in person at all. I'm living in the other part of the world right now, and while I would like to meet many of those from this forum, my geographical location restricts me from doing so. I certainly won't, and will not act against my own beliefs otherwise, and it is downright illogical and wrong to assume that I will obey everything here if theymos is off his rocker. Also, while I am against of the entire notion of having alts/sockies here, I can certainly understand it that it would be downright impossible to ban such accounts especially with the advent of VPN's and TOR. It's better to state clearly that the forum is not against and actively catching alt-account users, then to give newbies a false sense of security thinking that the alt account issue is under control here. (which it is not, of course) * God, I'd like to sticky the first paragraph with all of the requests I've been getting.I lol'd  |
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yes I'm lame ... but subscribing to epic satoshi thread anyway  |
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1) When the eco-system can disrupt areas where content creators will get paid better.
Can you elaborate on this one .... not sure what you mean? |
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1. What do you see as critical for mass adoption of bitcoin?
2. Imagine its the future, 2016, what do you think is being done with bitcoin? ie. not storing wealth, but using bitcoin
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Question: why are you selling?
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Why would anyone buy MtGox  Legal dramas with coinlab, seized funds at Dwolla, bad reputation and even hate amongst the community. If anyone buys MtGox, they would be walking into a mine field. The reputation, could be fixed with time if they do a great job. The liability due to legal dramas is another matter ... who would want to walk into an $80 million lawsuit drama? Better to build from scratch. |
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boast why dont you! ok, I would too - congrats |
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my theory:
Dwolla accounts seized -> MtGox loses access to most of their USD -> MtGox tries to cope but runs out of USD reserves -> people start complaining that their withdrawals are taking increasing amounts of time -> MtGox issues notice, USD withdrawals suspended (ie. we have no USD and are trying to organise more via investors or bank credit)
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Sudden demand for fiat, US fiat of all things, in large enough quantities that Gox has to adjust its behavior.
At least that's the story so far.
It begs all the "W" questions: who, why, where, how, even when. No doubt the media will be all over it... or not.
Fascinating development.
Dwolla accounts seized -> Dwolla users turn to wire transfers -> Mt. Gox bank accounts transaction volume rises rapidly -> bank eventually urges Mt. Gox to talk and do something. This seems the most plausible theory anyway. I think that is close, but more likely, this: Dwolla accounts seized -> MtGox loses access to most of their USD -> MtGox tries to cope but runs out of USD reserves -> people start complaining that their withdrawals are taking increasing amounts of time -> MtGox issues notice, USD withdrawals suspended (ie. we have no USD and are trying to organise more via investors or bank credit) |
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Yup, probably accounts for the $10 difference now between mtgox and bitstamp |
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"Bitcoin Fever Spreads" <---- Pro tip: Time to sell when you see this one.
Umm, logic failure right there! When bitcoin fever spreads, the price will go UP ... why would you want to sell BEFORE it goes up. Hold, when it rises, THEN sell when the 'Bitcoin Fever Over' is announced. |
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You can tell bitcoin is geekland when the poll shows more want btc than boobs. lolololololol  |
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Stateless = no passports, so no travel no identity, so not recognised not recognised, so no healthcare, no jobs, no social welfare, nothing 100% freedom ... yup  |
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So i'm building a website for this douche, okay. i've already made a thousand revisions. dude wants me to do text-align:center on the input fields. i'm like what the fuck, just let me fix it with text-indent: 10px; and he's all like but center looks better imo.
Seriously dude, shut the fuck up before i quit.
First world problems beat me to it |
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Ok, so one customer got a single.
And one customer got 1/3rd of a mini-rig.
While that is still not what we all want ... it IS a start.
And hopefully BFL can ramp up from here and finally give us our orders!!
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I already have 96 chip credits myself - so how would this group buy work for me?
this group would not be using your credits. you can buy chips on this group at .6 btc per chip Ahhh ok. That's why you were trying to buy all those credits for $2 - so then you can sell the chips for .6BTC (~$63) - so you make about $11 per chip. So for every group buy of 100 chips, you make about $1000. Smart move. |
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I already have 96 chip credits myself - so how would this group buy work for me?
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