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81  Bitcoin / Bitcoin Discussion / Re: Found Hacker of MTGox - IP:210.211.108.213 on: June 20, 2011, 07:17:49 AM
Do you think this hacker cares?

He's kicking back and laughing at the fake currency he stole and got paid thousands for which will in all likelihood keep him a nice lifestyle for at least a decade.

a 'nice' lifestyle for about 200 coins? maybe nice compared to some little african tribe somewhere, but not by the standards of most of the world, at least at at any exchange rate we have seen thus far.


Maybe try running thru this short checklist when you think you may have something worth posting:

Have you thought about what you are going to post?
Does it makes sense?
Do you think it could be useful to others?

If the answer is 'yes' to all of these, then post.
82  Bitcoin / Bitcoin Discussion / Re: The Writing on the Wall on: June 20, 2011, 06:56:25 AM
I'm amazed at the vitriol at those who aren't bulls. Since when does it make someone a troll to be a bear on a currency?

This place does not exist solely for supporters of the currency. If you want to look like grown-ups, you should allow fair debate on it instead of trying to run anyone over who dares speak against bitcoins.

Honestly, the love affair for bitcoin in the face of all logic is starting to look ridiculous. Those proponents who come out of this best are the ones who admit that the "project" actually has a few flaws and weaknesses. It's the ones who invent an answer that suits their own position for every single probing question that look like idiots. It's as if you have your own FAQ in your head just to make you feel happier about your huge position.

This is typical layman's method of trading or investing and often fails. Why do you think rich people entrust others to trade for them? Because they know that it is only too human to get caught up with your emotions and fail to be logical.

It is not that people who speak out against bitcoin are instantly shunned here (which is what i too used to think). It is that often times people who speak out about bitcoin dont provide any proof or evidence backing what they claim. alot of their posts start out with things like "You dumbass motherfucker.." and then go on to merely claim that they think people are stupid or the system can't work.. but it is very very rare that these people have valid arguments. Since Synaptic started this thread I will point him out specifically, look at how many of his posts could have the words switched to support something like a sports team or a country, they admit right away that they hate the other side, then the rest of their argument is name calling.

It says a lot of a person when they spend their time attacking other people who are trying to accomplish things instead of spending their time accomplishing things. These are the same kinds of people who used to pick on the smart kids in school, not everyone grows out of this stage.
83  Economy / Speculation / Re: When the Hot Deadly Lava from MtGox is Inches from Your Feet how Will YOU React? on: June 20, 2011, 06:01:28 AM
alot of the extreme ppl left when they bought at 30 and sold at 10. alot of the ppl remaining are in it for the long haul bc they understand the system. sure the price will go down. but the people who have done their homework will be rewarded by low prices once again and things will start on their way back up. if the system is a pure as it seems to be, there is nothing to worry about. it is the best currency on the planet and ALOT of people know this.
84  Bitcoin / Bitcoin Discussion / Re: What have we all learnt from the Mt Gox incident? on: June 20, 2011, 05:50:50 AM
the roll back was the only choice, you can't let someone lose millions of dollars so other ppl can get free coins. think it out objectively and you will see the choice was obviously. its better for us all for it to be this way. it doesnt matter what side of the fiasco you were on.
85  Bitcoin / Bitcoin Discussion / Bruce Wagner taking live questions in chatroom. on: June 20, 2011, 04:00:10 AM
http://onlyonetv.com/?page_id=178
86  Bitcoin / Bitcoin Discussion / Re: onlyonetv.com going live with tradehill/mt gox @ 9ET on: June 20, 2011, 01:07:03 AM
Guest724 (guest): this stupid chat is full, join IRC instead!
Quote


this was just said in the chat for those interested
87  Bitcoin / Bitcoin Discussion / Re: onlyonetv.com going live with tradehill/mt gox @ 9ET on: June 20, 2011, 01:03:58 AM
its not down. im there with the max 250 ppl in chat and 650 watching the video.
88  Bitcoin / Bitcoin Discussion / onlyonetv.com going live with tradehill/mt gox @ 9ET on: June 20, 2011, 12:51:49 AM
for those who don't know, there are 220 of us over at
Quote
getting ready for the interviews in 20min. that is 6/19 9:00ET jered from tradehill is on at 9:00 and someone from mt gox @ 10:00(presumably Mark aka.MagicalTux)
89  Bitcoin / Bitcoin Discussion / Re: Place your bets: the price of bitcoin after Mt.gox opens on: June 20, 2011, 12:21:50 AM
it will go down low, maybe 4 or 5 bucks but it will bounce right back up as ppl who realize that this was not an attack on the reasons why they invested in the first place buy right back in. it will be a nice redistribution of the wealth to those with foresight
90  Bitcoin / Bitcoin Discussion / Re: Should I be worried about this? on: June 19, 2011, 10:33:04 PM
Don't you realize Bitcoin is done for? It's over.

don't worry durr, you will be ungrounded soon and then you can go play outside again. in the meantime, maybe instead of making up quickly dismissed lies and bs, why not try your hand at making arguments that can at least be misinterpreted at having a logical basis.
91  Bitcoin / Bitcoin Discussion / Re: The Writing on the Wall on: June 19, 2011, 10:30:04 PM
Quote
The press don't care that it was an exchange, the blame will get pinned on Bitcoin.

Why are you all so emphatically posing this distinction? The oh-so-loved decentralized nature of Bitcoin was inevitably and ALWAYS bottle-necked by the exchange. The actual value in decentralization has no relevance to a trading market, only (and, even then, supposely) to the benefits of buying and selling actual goods. Since the value of Bitcoins never came from its adoption and use in a tangible goods/services market (apart from drugs and kiddie porn) and only from speculative circlejerking (which is what you all were concerned with), why are you so up in arms about this?

Get this through your thick heads: Bitcoins = MtGox. That's what it has effectively been. That was reality. If it wasn't, you wouldn't be HURTING as you are now. Right now, you have nothing to do with your precious bitcoins apart from using Tradehill which has no effective market to speak of and won't move at all since all eyes are on Mt. Gox. Oh, I guess you can buy Alpaca socks, or some random coffee beans! Or heroin an kiddie porn too...

way to bold your obvious lie pal.
92  Bitcoin / Bitcoin Discussion / Re: The Writing on the Wall on: June 19, 2011, 09:55:54 PM
There are different kinds of people on this planet, they can be broken down into many different groups, one set of groups they can be broken into are these:

A)Those motivated to do research and make informed decisions. This is the natural, birth state of an awe-filled species.
B)Those not motivated to do research and make informed decisions. This is the state that many people are tricked/scared into.

This recent development will surely cause less (B)s to adapt because they will be told not to adapt by the media, and that is all they have to go off of. (A)s are not going anywhere because they know that what was compromised was some guys webpage in japan, not the structure of bitcoin itself. (A)s will continue to be rewarded for the effort it takes to make informed decisions. it is for the best that (B)s don't have large amounts of money. Bitcoin is fantastic at converting (B)s to (A)s, depending on how hardcore a (B) you are, that is how hard it will be for you to convert.

So, by all means, if you are (B) then please sell your coins, we need as much money in the hands of (A)s as possible for the future of our planet.
93  Bitcoin / Bitcoin Discussion / Re: Bitcoin Conference 2011 NYC on: June 19, 2011, 04:41:47 PM
Quote
you sure do have a depressing, pessimistic attitude and that is probably why you just sit at home on your computer and nag and bitch about people who live their lives in a way that makes things happen. i hope this answers your question.

Wow.  I don't even know what to say to that. I'd be inclined to return the name calling volley, but that wouldn't be productive.

I'm just saying that there's a difference between a meetup and a conference or expo. There's also a difference between constructive criticism and name calling. Apparently, not everyone knows the difference.


I may or may not be planning something, but I'm relatively certain now that this is not the place to announce such a thing.

there is a difference between name calling and observations. are you under the impression that your post  was not portraying an attitude which was depressing or pessimistic or nagging? http://dictionary.reference.com/ here is a link incase you are not a native english speaker.

btw, 'bitch' in that sentence was used as verb, not a noun. for the verb definition of it you will need to use an urban dictionary probably. I agree that name calling is petty, however to me, words that are used to describe an action that are accompanied with proof(my quoting your post) is not petty name calling. it would be like if there was proof of someone murdering someone else, calling that individual a murderer is not mere 'name calling' but a description of something that has occured. if you wish not to have your actions/yourself labeled a certain way, then the easy solution is not to act/be a certain way.

if, as you claim your intentions really were to point out that this upcoming event did not fall into your definition of a conference but rather a 'meet-up', then there were more tactful ways of doing so. here is one such example for future reference:

"In what ways will this event be differing from the meet-ups that regularly occur in the same venue?"

see, it is clear, concise, not attacking, and it requests the information that you claim to be after. I hope my post has been easy to understand and will help you reevaluate how you approach others whom you share a planet with. I do admit that my reason for typing this out for you is selfish, as I prefer to live in a world where dialogue centers around productivity, and uplifting dialogue.

94  Bitcoin / Bitcoin Discussion / Re: Bitcoin Conference 2011 NYC on: June 19, 2011, 02:25:02 PM
BitCon is a poor naming choince, given the accusations of Bitcoin being a ponzi scheme. And the website doesn't give much info. How much will it coat to attend?n how many exhibitors?  Have hotel discounts been negotiated?  There's a lot of work to a conference, and I'm not seeing the basics listed on the site...

lol. "There's a lot of work to a conference". buddy, there can be as much or as little work to a conference as the person taking the time to make the conference want to do. Just b/c this is not going to be the kind of conference run out of a big fancy vegas hotel with discounts and entry fees and whatever else is no reason to not hold a conference. it is a meeting of minds, you sure do have a depressing, pessimistic attitude and that is probably why you just sit at home on your computer and nag and bitch about people who live their lives in a way that makes things happen. i hope this answers your question.

I realize I've been a little presumptuous. Maybe you are taking the initiative to create a conference somewhere the likes of which you have described?
95  Bitcoin / Bitcoin Discussion / Re: Just wait, this is coming down the pipe. on: June 19, 2011, 04:20:43 AM
To me Bitcoin is a what a currency should have been in the first place. I can certainly relate to the martyr argument because, I cannot go back to the idea of being happy using a fiat dead currency like USD. I won't give up on Bitcoin because I believe in the core reason for it's creation. At this point there is no going back for me because the way I think about money has changed completely. Not just because of Bitcoin being introduced to me per say, but it's been a long yearning in my mind that finally found an answer to bring change to the current failing system.

Many people here who consider themselves early adapters likely share the same sentiment. Getting rich is one thing, but having the chance to stop the thievery form the Banking industry altogether for the long haul is the real reason why I'm invested in Bitcoin and mining operation. If my investing in Bitcoin proves to be the correct choice, I will surely be rewarded for my faith and support of the currency. I'm confident that I'm correct to bet on Bitcoin here. Even in the worse case scenario, it would have been worth it to be part of the solution in an attempt to fix a broken system that can changes the lives of billions.

I love reading posts that I know could have come from me, there is such a concrete sense of oneness that just flows out from this idea. If a year ago you had told me that I'd be obsessively reading about a new currency AND getting goose bumbs from doing so I would have laughed and said "man, you don't know shit about me. I don't give a damn about economics, currency, or any kind cryptography anything."
96  Bitcoin / Bitcoin Discussion / Re: Bad news travels fast on: June 18, 2011, 08:48:06 PM
You could look at it like this: 25k btc buys 1 week of moderate press coverage...

..or merely having 25k btc at your disposal and the willingness to play victim(and send your coins to another wallet) is all it takes for a week of free moderate press coverage. I'm not saying it is the case, but either are possible. look at the practical results of what happened, people more concerned with the security of their coins, possibly a big security update in the client, and more press coverage. I think a lot of people underestimate what clever ideas can stem from such a  solid world changing system, peoples lives have been changed and a lot of people want to help push this forward in any way they can.
97  Bitcoin / Bitcoin Discussion / Re: Bad news travels fast on: June 18, 2011, 08:42:20 PM
There's at least a dozen stories about allinvain, some of which use his name in them. I think you are bad at Internets.

Thanks for your input. I have a couple follow up questions for you.

what makes you think i don't know about the other stories about allinvain? do you have any idea where they all originated? reporters reporting on other reports doesn't make what the report any more valid, they all stem from anonymous posts on this forum. is it not undeniable that it would be easy for someone with the foresight/funds to fake such a heist?
98  Bitcoin / Bitcoin Discussion / Re: Bad news travels fast on: June 18, 2011, 08:34:58 PM
I couldn't stop laughing reading that. I'm thinking more and more that allinvain is a genius with amazing foresight who planned a brilliant attack on all fearmongering factless news reporters. think about what the layman is thinking as they read that story - the only 'proof' that a heist actually occured is an anonymous guy claiming it on a forum and this claimers name is 'allinvain'. yeah, it totally looks like they fell hook line and sinker for a clever joke, they disregarded the whole 'news reports report on facts' thing in the name of an exciting story. If thats the case allinvain, then i salute you  Cheesy i know, i know, if you respond to this then you must, for the sake of the game, insist it was all real, and please do. but like i said, in the event that you are a mastermind with incredible foresight - I salute ye!
99  Bitcoin / Bitcoin Discussion / Re: Funniest and stupidest Bitcoin criticisms on: June 18, 2011, 07:56:46 PM
"teh prooblem wid biicon is it is too tuuf to spel"
100  Bitcoin / Bitcoin Discussion / Re: Just wait, this is coming down the pipe. on: June 18, 2011, 07:44:36 PM
Jessy, I'm not going to quote any of your specific quotes. But i will point out something that may not have occurred to you. Yes, bitcoin may be able to be stopped by a great big government attack, technology wise unlikely, negative publicity more so. However, what you may be failing to realize is the martyr factor - alot of people have had their lives changed by this idea, changed in a way unimaginable. the powers that be know this. these people who have been touched in a deep even spiritual way by the implications of this system will not pack up and go home and just give up. We just had a man set himself on fire and die(in the US) in protest of how unfair fathers are treated in custody battles/child support cases. don't underestimate for a second that the power behind this movement. if bitcoin is squashed, people will just use it as a lesson. we see the holy land and we are headed towards it, obstacles will be circumvented. no amount of negativity by anyone could have stopped the automobile, the internet, or now, free(as in liberated) money.
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