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161  Bitcoin / Bitcoin Discussion / Re: Statement about the suspect of recent Bitcoinica hack on: July 26, 2012, 01:11:42 PM
Months of mudslinging and you manage to solve the riddle within just a few short hours and you never thought of confronting this mystery millionaire previous business partner before all this came to light ?

Tickle me suprised, VERY SURPRISED.

Never. Without AurumXchange and Mt. Gox providing the information they control, I have no way of providing my part of evidence.

Except, checking your very own "stevejobs" email account?

I have no reason to use it. I set up an auto-forwarding and forgot about it. The hacker changed the settings and that's it.
Sounds a bit lame. You have been accused of being the hacker before and you had a verified MtGox account attached to your stevejobs807 email. Still you did "forget" to check it, maybe because you thought that this would be a waste of what, 15 seconds? You give me a hard time believing this, because everyone knows that you aren't that stupid.
162  Bitcoin / Bitcoin Discussion / Re: Statement about the suspect of recent Bitcoinica hack on: July 26, 2012, 12:58:36 PM
Months of mudslinging and you manage to solve the riddle within just a few short hours and you never thought of confronting this mystery millionaire previous business partner before all this came to light ?

Tickle me suprised, VERY SURPRISED.

Never. Without AurumXchange and Mt. Gox providing the information they control, I have no way of providing my part of evidence.

Except, checking your very own "stevejobs" email account?
163  Economy / Service Discussion / Re: Public STATEMENT Regarding Bitcoinica account hack at MtGox on: July 26, 2012, 10:45:52 AM
...
There are 2 possible outcomes:
1) You are the hacker and can be sued. As you claim to transfer tons of money all the time, you can afford it and will replace the funds.
2) You will get of your lazy ass (sorry but it was your email account and you did not bother checking it despite that it had a (verified?) mtgox account attached) and investigate and eventually identify the hacker (as Mark said, it has to be you or one of your close (bitcoinica) "friends"). The hacker can be sues and (maybe) will replace the funds.
So I would say the future, regarding bitcoinica, looks brighter today than it has been yesterday
164  Economy / Service Discussion / Re: Public STATEMENT Regarding Bitcoinica account hack at MtGox on: July 26, 2012, 10:30:29 AM
[A pageful of quoting with no new content]
Please shut up, if you don't have anything new to add.  This verbatim quoting without even trimming down to the parts you think are important and  telling us why, is just 100% annoying to everyone trying to follow this thread.  Delete or get ignored.  (I see you have quite a lot of ignores already.)
Judging from all his posts in this thread one could suspect that Matthew is the mysterious friend of ZT.
165  Economy / Service Discussion / Re: Public STATEMENT Regarding Bitcoinica account hack at MtGox on: July 26, 2012, 10:05:57 AM
I'm gonna take a break from Bitcoin for a while.

What does this mean for Bitcoin Magazine/Ellet/UndisclosedSecretBitcoinProjectNumber12?
In the meantime you should have noticed that Matthews rarely keeps promises exactly as stated.

And it is very interesting that one of the most vocal public disclosure persons wants to suppress an investigation in this case.
He also tries to steer the discussion away from the actual theft case to something else.
We should start asking what Matthew has to loose in this case.
166  Economy / Service Announcements / Re: Get PAID to buy bitcoins with cash (USA) on: July 25, 2012, 02:36:50 PM
I routinely sell 1000 BTC there at 2% below gox price.  check the depth, I've been there almost every day for the last 2 months.
So you are actually helping pirate to bring the price down?
He's avoiding mtgox, problem?
While my previous statement was more a joke (see bitpays claim to trade against pirate), selling 2% below gox does in fact attract arbitrage traders (bots?). And arbitrage has several effects, first a lower gox price, and second this results in additional trades on gox, which ensures that gox stays the biggest exchange. If bit-pay would be selling for say 0.5% below gox, arbitrage would not be profitable, and some real buyers could buy those cheap coins.

True - however I start to wonder if the only reason there are any buyers in the first place is because arbitrage is profitable, and they wouldn't be there even if the price was consistently 0.5% lower than the gox. I wish more actual users would switch.
I think bitfloor has to add more funding option, they are way to limited right now. And BTW, this is the free market, when bitfloor ignores that people want to have more options, they simply don't deserve success.
167  Economy / Service Announcements / Re: Get PAID to buy bitcoins with cash (USA) on: July 25, 2012, 02:19:10 PM
I routinely sell 1000 BTC there at 2% below gox price.  check the depth, I've been there almost every day for the last 2 months.
So you are actually helping pirate to bring the price down?
He's avoiding mtgox, problem?
While my previous statement was more a joke (see bitpays claim to trade against pirate), selling 2% below gox does in fact attract arbitrage traders (bots?). And arbitrage has several effects, first a lower gox price, and second this results in additional trades on gox, which ensures that gox stays the biggest exchange. If bit-pay would be selling for say 0.5% below gox, arbitrage would not be profitable, and some real buyers could buy those cheap coins.
168  Economy / Service Announcements / Re: Get PAID to buy bitcoins with cash (USA) on: July 25, 2012, 02:04:29 PM
I routinely sell 1000 BTC there at 2% below gox price.  check the depth, I've been there almost every day for the last 2 months.
So you are actually helping pirate to bring the price down?
169  Bitcoin / Bitcoin Discussion / Re: Bitcoin Killer App: High Yield Investments on: July 24, 2012, 03:00:12 PM
its not 3400% pa special ....... Smiley
See, 7% a week is not necessary the same as 3400% pa.
Lets say someone exchanges all those coins to fiat and back each week. Lets assume that he makes 10% from it and pays his lenders 7%. So a lender would "only" get 7% * 52weeks = 364%pa. If at the same time the business grows, it could look like as one could simply compound, while in fact this is not the case.

but there IS an option to let the interest compound into the principal to generate further revenue
Pirate actually ENCOURAGES people to re-invest the compounded gains
so what is now the case ?
This could be just business grow. And it is actually less grow than the exchange rate increase over the few weeks. Pirate works in USD not BTC, so when the price did rise from $5 to $8, his working potential did rise from say $2.5M to $4M, a hefty 60% in little more than a month. If he was able to use this for business grow, then something as "little" as 28% a month should be no problem. An keep in mind that he makes most likely more than 10% a monthweek and compounding, now calculate his actual revenue.
170  Bitcoin / Bitcoin Discussion / Re: Bitcoin Killer App: High Yield Investments on: July 24, 2012, 02:18:59 PM
its not 3400% pa special ....... Smiley
See, 7% a week is not necessary the same as 3400% pa.
Lets say someone exchanges all those coins to fiat and back each week. Lets assume that he makes 10% from it and pays his lenders 7%. So a lender would "only" get 7% * 52weeks = 364%pa. If at the same time the business grows, it could look like as one could simply compound, while in fact this is not the case.
171  Bitcoin / Bitcoin Discussion / Re: Donation needed to fight Internet censorship on: July 24, 2012, 12:03:48 PM
I moved this thread back to lending in case you guys can't find it
Why is this in lending? Will you pay back the donors?
172  Bitcoin / Bitcoin Discussion / Re: Bitcoin Killer App: High Yield Investments on: July 24, 2012, 11:53:15 AM
Bitcoin is special but not THAT special.  Mageant, you are not convincing anyone here but yourself.
Actually it is that special
173  Bitcoin / Bitcoin Discussion / Re: Collecting BTC equivalent to collecting Real Coins of Historic Value? on: July 24, 2012, 11:18:17 AM
A 50BTC casascius coin that was mined and not "loaded" could probably count as collectible.
174  Economy / Trading Discussion / Re: Best way to acquire bitcoins if your under 18? Harder than you think :/ on: July 24, 2012, 10:35:57 AM
Open an account on bitstamp.net, then do a SEPA and buy yourself some coins.
175  Bitcoin / Bitcoin Discussion / Re: Confirmation wait time, problem or no? on: July 24, 2012, 08:59:07 AM
Re: Confirmation wait time, problem or no?
No.

I have never done a transaction, ...
Maybe a good plan would be to actually just do a few. You know, it is not that hard, you can download the client, or use some web based wallet. Next head over to one of the faucets and get yourself some tiny amount of Bitcoins. Then do some transactions.
176  Bitcoin / Bitcoin Discussion / Re: Reach out for the white spots! on: July 23, 2012, 08:53:47 PM
i dont see Iran as an enemy, we're just disinformed by evil mainstream-media.
Judging from most of the above post, I would say brainwashed instead of disinformed.
177  Economy / Collectibles / Re: How would you like to design a bitcoin banknote? on: July 23, 2012, 06:54:12 PM
Once everyone has one of these, literally seeing such a banknote means owning it.
178  Economy / Speculation / Re: How will this mtgox screw-up affect the price? on: July 21, 2012, 10:34:02 AM
Looks like someone tried to put up scary wall and fat fingered the price, lol. I don't know, but buying 40k in one go is not very smart, maybe it's just rally trigger attempt gone bad Smiley

The dumper of the last few days hit the wrong button yeeeehaaa love it.
More the other way around:
Only on MtGox you can buy 70kBTC without affecting the price
179  Bitcoin / Bitcoin Discussion / Re: what's next for Bitcoin? on: July 21, 2012, 10:29:03 AM
https://www.spendbitcoins.com/support/
First question from the FAQ:
Quote
Who are you?
My name is Jeremy West. I’ve been operating Spend Bitcoins since May 2011. I’m at bitcointalk.org as Jeremy West spendbitcoins.com. I have built a very good reputation on the forums, and you can see a long thread about Spend Bitcoins here. I also have the most positive feedback of anyone (by far) at http://bitcoinfeedback.com and have built up a good reputation on eBay over many years which you can see here.
You are as lazy as it gets...


Yep, my name is Peter Parker you believe that too?

I am not saying that the guy is not Jeremy West, and I am in no way trying to infer that he is not (Sorry Jeremy if you read this), but hell, he could have said he is Batman.
And I gave you the benefit of doubt, and thought you where just too lazy to use search/google/whois.
180  Bitcoin / Bitcoin Discussion / Re: what's next for Bitcoin? on: July 21, 2012, 10:11:04 AM
As for an example, I think the first guy that has the balls to write a simple script on a simple website that allows me to buy an iTunes Gift Card with my bitcoins would have my business.
Like this?
https://www.spendbitcoins.com/convert/apple-physical-gift-card/

Somewhat that, now go off a do a whois query for that domain, check their SSL cetificate, hell even check their website and tell me who those guys are and where they are located.
https://www.spendbitcoins.com/support/
First question from the FAQ:
Quote
Who are you?
My name is Jeremy West. I’ve been operating Spend Bitcoins since May 2011. I’m at bitcointalk.org as Jeremy West spendbitcoins.com. I have built a very good reputation on the forums, and you can see a long thread about Spend Bitcoins here. I also have the most positive feedback of anyone (by far) at http://bitcoinfeedback.com and have built up a good reputation on eBay over many years which you can see here.
You are as lazy as it gets...
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