I wasn't one of the bettors but I remember you having a giant know-it-all ego way before you pulled that stunt. (You've been replaced by that guy who runs MPEx.) Have you learned to act more mature? What you write will end up on some section of archive.org in 50 years.

If you had access to the secret beforehand, you would be able to generate transactions (without immediately broadcasting them) that win the bet by, say, treating a second txout as a "nonce" of sorts. The integrity of Satoshi Dice is achieved through the principle: the secret should be unknown to the betters, and immutable by the house.

Eventualities must be embraced sooner rather than later. Running buggy/trackable software is consent enough. ;P

My order was fixed.

My order has also vanished after I paid for it and it still isn't fixed.

Wow, I just placed an order on bitmit last night and I now have "no permission" to view the order, after paying. Were my funds taken by the new owner or something?

Don't buy from this service. Phantomcircuit seems to treat the production environment like a development environment -- website is always broken and new features are being added that don't even work. You can count on the billing working, which I put about fifty euros into, except when I tried to create a server (and a disk) it wasted my money because I couldn't attach the disk or attach Debian to the CD drive. I couldn't even delete the disk so it sat there and wasted my balance. No withdrawal option? It's just a dysfunctional service, which is a shame because it worked well for me at one point.

Impossible to get any support, the guy is never on IRC and there's no support facilities on the website or email. He did offer me account credit to make up for the broken panel but I want a full refund.

I don't want to sell my shares now but if people are stupid enough to pay 1BTC/share I'll take it.

I'm speaking strictly from a historical perspective.

Seconded. This is the most interesting part.

Got my share confirmation email yesterday.

also might be interested in selling 5000 shares, pm me with your offers.

Your post talks about dollar amounts like this:


What you really mean is 14.85 bitcoins + 3.73 bitcoins setup, from what I see on your website.

Yes, the OP should be changed to reflect the current situation so people don't have to trudge through crap from August to get a sense of what's going on.

... update? ...

Atlas, it's not like you do anything but complain and write awful blog posts, you aren't a programmer and clearly don't understand what it's like to manage an open-source project like Bitcoin. You can't just throw code together based on every idea you see, there has to be a clear direction and the dev team is rightfully conservative about the changes they make.

Also "hate the dev team"? Why do you have to hate anyone, even if you profoundly disagree with them? There's nothing to indicate they're acting in bad faith.

I hope that GLBSE will not impede on this? What are you considering in the event that GLBSE cannot allow for future share trading? (This will require different contracts to be drawn up..)

Not only is Gavin unlikely to humor this, it's a very disingenuous comparison. Bitcoin is at risk of a single malicious party which must afford to scale their attack against everybody else in the network, at direct opposition to the market incentive to act as an honest party. Not only is there not a market incentive to act as an honest voter in the foundation, the entry rates (2.5btc) are static and do not change based on the demand of new participants.

You simply cannot have a "1 person 1 vote" system that allows anonymous donation. Since they actually want their foundation to have credibility, they've made the right decision.

I agree, and thankfully that's still true even after this foundation was created. But I'll stick with the foundation for now.

I respect the work that he did (indeed, the best respect is to continue his work) but we don't even know who he was. What if he was multiple people, or a corporation, or a secret state project? Do you hold allegiance to Bitcoin or Satoshi? It's my understanding that Bitcoin belongs to everybody. It is, however, fallacious to weigh him against others in the way some have proposed. No matter who the person is, the "free market of ideas" should not play to anyone's hands, noble intentions or not.

Declaring Satoshi as the founder is just a political maneuver, like declaring Reagan the founder of some conservative action committee in absentia, should Reagan rise from the dead and assume his position. The foundation's board should consist of individuals with an immediate and reliable intention of serving the best interests of Bitcoin. Assuming Satoshi is infallible or some permanent God of Bitcoin is strange and revisionist. How many years will it take until the foundation removes Satoshi's position because he awkwardly never returns to reclaim it?

If Satoshi did return, we should (and probably would) want him to serve on the board electively. But placing him in that position, especially without his consent, is not neutral or fair.

That's my only concern about the foundation.