Been a while since I've seen the ignore box, must be some fresh bear news around

So you want to start it with the minerd command and your user should be the address in your wallet text file. Are you mining solo or to a pool though?

Which miner are you using ?

Seems the market still wants to go up so I'm thinking we'll see $620 at some point tomorrow.

It didn't though, it came from customer deposits hence the missing fiat and why it ran in reverse to recoup funds. It all depends how much you believe the report and his assumptions. Instead of thinking about it from the willy side think about it from the seller side. When the seller sells his $1000 BTC and then withdraws the fiat the fiat is coming from customer deposits when it is paid into their bank account so by definition its coming from customer deposits. It shouldn't have been a $1000 maybe but the fact that it is was being paid for with customer funds.

Exactly, it seems to me that if this is true the bot was ran in reverse as the game was up and trying to be whole on the fiat and blaming the protocol on the lost BTC is far more believable and probably better from a legal perspective as well. I follow the theory that the coins were stolen a long time ago and all of this was an attempt to make it up but with approx 1,000,000 bitcoins needing making up to be solvent it was always going to be an uphill struggle with the genuine increased adoption as well. Its just a 26 yo man making a billion $ mistake and trying to make it right.

Its not a fake price though. The fact is if this report is true (and I don't think all of it is) the Bitcoins were bought with real money, the customers money yes but real money. This caused the price rise. Now, once the game was up and willy ran in reverse to try and get back the fiat debt owed as when going bankrupt and not continuing the business having the fiat was far more important than having the BTC hence why theoretically it was all sold back to customers who then held the BTC. Where does this all leave the market?

Well like I say if the report is to be believed then yes its shocking (to some anyway) but nothing has changed in the current market. The fact is 650k BTC is still missing and that hasn't changed, whether they were stolen in 2011 and sold off creating the long bear market(likely), stolen by hackers more recently and still controlled by the thief's or Mark has them the supply of coins has not changed. This is where all the money that willy used is 'stored' and until those coins hit the market, which I think they already did, then there is no reason for the price to fall other than a loss of trust within Bitcoin itself.

If your watching bitcoinwisdom rather than actual order books this happens all the time. Its just the bids filling in after a trade is executed which could be 15 secs ago real time.

Huobi ahead of Stamp as well. All this on a sunday. I'd forgotten sunday pumps tbh 

Yes I was, it was my mistake I read it wrong, apologies didn't even look at othes name! All this talk of other coins in the thread I know MRO is more evenly distributed hence my interjection.

I agree with your final point but not with the network being dead and nobody mining it before Polo. If your were around the IRC channel or even this thread before it went on Polo there were a fair few people mining it and trades were being done several weeks before hitting an exchange. There was also another exchange open before Polo.

One of the things that I think is that potentially it might not change much. Fact is we're already at the point where the lost gox btc has been accepted as lost/hacked/unrecoverable etc. Now if this isn't going on on other exchanges the price we're at today is a 'fair' price. Only time will tell what the market thinks. I'd expect at least an attempted panic retraction but in terms of the price today what does it change?

Yes but did you see if they were actual sold on market? As I've said a few times all active swaps means is the liquidity is taken. You can take 4000BTC and never sell them. Why you ask? Well particularly with the spike on Bitfinex just people have been speculating that some people are trying to game the loan system by buying all the liquidity under a certain amount to raise the interest rate and then adding their own offers at high interest rate. Wait for that to be taken and then give the BTC back.

You asked a question. I answered it...

No need for master nodes with crypto note. You should read the white paper

There couldn't have been anyone else you could have quoted that would have made what you just said more hilarious.

Not my words just a copy paste but...

"Just a quick note... I've built quite a few systems, and at times I build the administrating function into the customer function.
It's hard to explain and hard to give an example... but imagine I build an exchange and incur fees in bitcoin, say 1%. The way I'd run my company finances is to build an admin account and with every bitcoin transaction, 1% goes to that account. This account is then set up on the exchange to sell at batch periods a certain amount of the bitcoin that I want to have in dollars to pay for company expenses.
Instead of taking my bitcoin to bitstamp and selling it there, or putting my bitcoin in a 'IkmoIkmo' account and selling it through there (of which 1% would recurringly go back to the account), I'd build it into the system using a customer account with some high ID and privileges like having 0 fees.
Now I'm not saying there's no inside job or that it isn't fishy. What I am saying is that I've been programming for a decade and I can easily see how a solo-engineer iterating on a flawed trading engine would use crappy and fishy accounts like these to do things that are otherwise completely normal and legal like having a company account sell bitcoin fees, or batching transactions of actual user-activity under one account-ID, or working with other exchanges to share liquidity and e.g. letting BTC-E sell coin to the Mt.Gox orderbook under a certain id for 0 fees, in exchange for the same service at BTC-E, thereby sharing the load and creating a redundant system (which is nice), etc etc.
In other words, it's weird, it's fishy, it's Mt. Gox, but it's not proof of some kind of fraudulent trading in and of itself. It can mean a whole lot of things and I'm happy to see more information come out."

Goat may have used it first but its a 4chan thing, explains why he would have used it here first.  http://knowyourmeme.com/memes/choo-choo-motherfucker

So the bidsum has also risen to around $12mm despite this rally and no funds being deposited for two days. I think that proves the assertion that there is plenty of fiat knocking around on the exchanges contrary to the beliefs of the fresh fiat crowd.

More people should use cryptonote.exchange.to no withdrawal and deposit problems as such. Just manual which is much more secure. But the actual site and trade matching is great.