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521  Other / Off-topic / Re: I'm gathering all theories about Satoshi Nakamoto on: March 06, 2014, 05:36:18 PM
The thing is we don't even know if he is still alive. Recent article obviously was just abuse of some random dude with same name. Actually it wasn't even same name, we don't know Satoshi real name. We can be only sure it is his nickname. His not ordinary silence might be explained rather simple. He could be dead (i hope not, but many people are hit by a car every day, he were anonymous so no friend could tell it to the world). He could just start different project. Or maybe he just stay low to slowly cash his money without taxation and leave rest of his days on Palau (I'm betting on that).
522  Bitcoin / Bitcoin Discussion / Re: Gavin regrets after Satoshi revealed on: March 06, 2014, 05:30:28 PM
Gavin's tweets doesn't mean the article is true.

lol. what does it mean then, idiot?

Gavin in article mention that he never met Satoshi and don't know his real identity. Gavin shouldn't take part in this article at all.
523  Bitcoin / Bitcoin Discussion / Re: Satoshi's Daughter Says Her Father Distrusted Government on: March 06, 2014, 05:26:24 PM
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

"It's been turned over to other people. They are in charge of it now. I no longer have any connection." << sounds like his invention taken over by US Government or other evil group/government.

or even the core dev team. Imagine that.

any proof the core dev is not sponsored by a gov't??

thought so.
same as there is no proof it is.



There is no evidence that it is The Satoshi, not some random educated Satoshi. Trying to be anonymous and use your real name is just illogical.
524  Bitcoin / Bitcoin Discussion / Re: If that really is Satoshi, how can we help him? on: March 06, 2014, 04:55:38 PM
He is Satoshi, but he is not THE Satoshi.

There are no evidences and this article is bulling some old dude after a stroke.
525  Economy / Speculation / Re: Prediction of price due to Satoshi's reveal? on: March 06, 2014, 04:52:51 PM
Well my predictions are people will panic a bit and then won't care any more. This article has more words "suspects" and "maybe" then it should for a "news".

Tomorrow no one will even care any more.
526  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: March 06, 2014, 04:18:22 PM
15% drop is nothing new. Price of gold was always artificial in some way. It was global agreement to put price on this rather useless metal. When we look on growth of bitcoin transactions, meta currencies might have to do something about it Wink
527  Bitcoin / Bitcoin Discussion / Re: **Breaking news** Satoshi Nakamotos identity revealed on: March 06, 2014, 04:06:44 PM
So we have dude who want to be anonymous but use his real name and surname. Journalist who publish all of his data, make article about it even though she get no confirmation it is actually him. Just picking random dude who's name and background kinda fits. Oh... and he had recently stroke and is paranoid. Great article, good job newsweek...
528  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: March 06, 2014, 04:02:13 PM
You post like crazy for the last couple weeks news sometimes trivial ones, but don't even bother posting the biggest Bitcoin news of the year??? 

Satoshi Nakamoto just got revealed by Newsweek.


http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html
529  Bitcoin / Bitcoin Discussion / Re: If it was real on: March 06, 2014, 03:26:30 PM
We can't be sure of anything really. There are a lot of misleading and confusing informations out there about it. I also don't care if it is Japan, British or American.
530  Bitcoin / Bitcoin Discussion / Re: We need names. on: March 06, 2014, 12:01:08 PM
Here's a few to add to the nerd fest...   Cool

.1 (deci, tenths) BitTenthly, BitDeci, petoshi
.01 (centi, hundreds) bit-centi, BitCenti, BitCent, terra-oshi
.001 (mili, thousanths) bit-thou, BitTao, BitTaoy, tawa-oshi, giga-oshi
.0001(ten thoussandths), zen-tao-oshi, mega-oshi
.00001 (hundred thousands) - kila-oshi
.000001 (millions) bit-milli, hect-oshi
.0000001 (ten millionths) deca-oshi
.00000001 - satoshi

yes it will help n00bs to understand bitcoin better  Grin

edit: vouted
531  Bitcoin / Bitcoin Discussion / Bitcoin exchange CEO found dead in Singapore on: March 06, 2014, 11:06:02 AM
Bitcoin exchange CEO found dead in Singapore


Autumn Radtke, the 28-year-old CEO of an upstart bitcoin exchange, died last week under mysterious circumstances at her home in Singapore.

The U.S.-born head of First Meta was found dead by police on Feb. 28, with the cause of death yet to be determined. In a statement on its website, First Meta said the company "was shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke."

In an interview with The Wall Street Journal, the company's director and nonexecutive chairman, Douglas Abrams, said the exact cause of Radtke's death was "still under investigation."

Prior to taking the reins at First Meta in 2012, the 28-year-old Radtke had once closely worked with technology giant Apple to bring cloud-computing software to Johns Hopkins University, Los Alamos Labs and the Aerospace Corp., according to her biography. She then took up business development roles at tech start-ups Xfire and Geodelic Systems, according to information on her LinkedIn profile.

First Meta bills itself as a clearing house for the purchase and exchange of virtual currencies, including bitcoin.

(Read more: Back to work at bitcoin's embattled Mt.Gox)

Her death comes as troubles swirl around the nascent cryptocurrency industry, and amid a rash of suicides in the financial industry as a whole.

Last week, the world's largest bitcoin exchange Mt.Gox imploded; meanwhile, nearly $500 million in client funds vanished overnight. Elsewhere, untimely demises unrelated to bitcoin have claimed the lives of bankers at JPMorgan, Deutsche Bank and Zurich Insurance Group.

Financial-related suicides are common during times of market upheaval, such as the Great Depression or the Crash of 1987. However, the recent deaths have coincided with a surge of major indexes to record highs.

links:
http://www.dailymail.co.uk/news/article-2573863/Bitcoin-exchange-CEO-dead-home-suspected-suicide-age-28.html
http://betabeat.com/2014/03/bitcoin-ceo-found-dead-of-possible-suicide-in-singapore
532  Economy / Economics / Re: Market Rate Essentially Flat Past 8 hrs on: March 05, 2014, 02:48:21 PM
Since when flat is bad ? People like the price, want to sell for it, want to buy for it, wait for china morning and be happy Smiley
533  Economy / Economics / Re: Bitcoin USA Dollar Price Rises Above $650! on: March 05, 2014, 02:43:07 PM
Bitcoins will reach $1000 before Christmass. What an investment that will be.

You mean $10000 by christmas.  Grin

I wonder how much $ would be really worth by then.
534  Economy / Economics / Re: How does inflation start on: March 05, 2014, 02:35:40 PM
How inflation starts ? First inflation of gold was when silver was brought from new world. It not only created starvation in few trade towns, it also destroyed Ottoman empire. At modern times inflation is mostly created by banks, every time when you make use not only bank account but also it is easier to notice when we use cheque. When you give this cheque as a payment to one person, cheque for 100$, you still have this money on your account until this person go to bank with this cheque and this person have this cheque for 100$ in her/his hand. So you both have 100$ dollars (total 200$) made of only one part of 100$. This person can even pay with the same cheque to any one who would accept it.

And this way we have 100% inflation on 100$ until that person monetize this cheque.

Banks makes even bigger mess, making a lot of transactions with no real money.
535  Economy / Economics / Re: Financial crisis in Ukraine on: March 05, 2014, 02:18:24 PM
Only problem , except Russian army on they ground, were eventual loans they an get. Same kind of loans most of other countries in the world are taking. Ukraine already get propositions to get such loans, so even though it wont stop panic, Ukraine as whole wont collapse because of it.
536  Economy / Economics / Re: Slippery Slope's Million Dollar Logistic Model on: March 05, 2014, 02:10:24 PM
I'm afraid this graphs might be a bit optimistic when it comes to this 4 years distance . In reality it might be much bigger. Also the price would go up forever, we can be sure about it, problem is when. 4 years or maybe 400 years. Price, even though at some point placed inside mathematical algorithm, still can be speculated in different ways.

Base on price from few years ago 10k for bitcoin sounds about right, problem is when.
537  Economy / Economics / Re: Is this the flaw in Bitcoin's design? on: March 05, 2014, 01:51:40 PM
Bitcoin design is not wrong because it is frontal gates to other meta currencies. At first stage it price would rise to balance moment with mining price, and keep certain stability with stable growth in price and stable growth in mining. Ironically it is hard if we ever actually mine "all" of bitcoins. Mining difficulty might hit us to moment when even at only 1 bitcoin left to mine out, there would be only erosible to mine little parts, smaller and smaller every time until infinity.

Of course it is not important since from bitcoins thanks to exchange possibility we can move to different coin. Thinking about one coin above all others will be rather archaic. We can't have fully free and decentralized currency with any thing holding us back at our actions.
538  Economy / Economics / Re: What should be the Price of Bitcoin in US$ on: March 05, 2014, 01:45:49 PM
It is hard to talk about gold as stable when you look at this 15% drop of some times ago. Still it might be more stable then other alternatives, we are talking about price of gold in dollars, and it also has its price and... well, inflation. Because of inflation of dollars price of gold back then hit bigger drop then 15% actually. In few years bitcoin price growth would reach exactly same level as mining cost, it would create most stable alternative to hold wealth in the world. Of course it is rather hard to expect what would it be, since it is highly dependable on mining difficulty. Every time people would figure it out or amount of miners would change (not to mention speculation and popularity of bitcoin) price would change. Even though it is expected to hit perfect stability it is hard to tell when would it happen.
539  Economy / Economics / Re: What would happen if someone owned all the Bitcoins? on: March 05, 2014, 01:36:04 PM
If one person would own all bitcoins they might become worthless. It is possible since amount of bitcoins is not infinite but they would lose its decentralization and actual price tag on it would be confusing.


ps. monopoly you win when everyone else is going bankrupt, you can own all money but other might own all hotels and charge you for it Wink
540  Economy / Economics / Re: If Russia attacks Ukraine - Bitcoin? on: March 05, 2014, 01:27:34 PM
Russia already banned bitcoin by not accepting it as alternative currency and since only one currency can be used officially in Russia. Of course Russia is in recession for awhile already, Rubbel is not doing good and they already spend milliard of dollars on supporting it. If there would be any kind of embargo placed upon Russian products it would be devastating for Russia economy. It might be good reason why Russians might want to find alternative.

When it comes to bitcoin and this situation we must understand that slowly bitcoin wont be something you want invest into, it will become tool that you can easily buy products acros whole world and transfer wealth from one part of world to another.
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