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Author Topic: It all makes sense now. Satoshi = ATI CEO  (Read 1688 times)
nazgulnarsil (OP)
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June 03, 2011, 09:34:20 AM
 #1

They saw the success of folding at home and wanted in.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 03, 2011, 09:35:24 AM
 #2

I wonder if they have noticed and are puzzled by the great sales they're having.

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The value of goods, expressed in money, is called “price”, while the value of money, expressed in goods, is called “value”. C. Quigley
Meni Rosenfeld
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June 03, 2011, 09:38:41 AM
 #3

You're not the first to have come up with such a theory.

It's only a matter of time until mining moves to special-purpose chips. So ATI's total profit from the whole thing is limited.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
gigabytecoin
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June 03, 2011, 09:44:25 AM
 #4

You're not the first to have come up with such a theory.

It's only a matter of time until mining moves to special-purpose chips. So ATI's total profit from the whole thing is limited.

Brought it up personally almost 1 month ago... and I wasn't the first either Tongue

https://forum.bitcoin.org/index.php?topic=7310.0
paulie_w
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June 03, 2011, 09:45:28 AM
 #5

well played, ATI CEO... well played.
nazgulnarsil (OP)
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June 03, 2011, 09:47:32 AM
 #6

I hope you're just trolling me.  this post is a joke and anyone who takes such a thing seriously is a mouth breather.

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Meni Rosenfeld
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June 03, 2011, 10:03:26 AM
 #7

this post is a joke
I know. But even as a joke it's not original.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
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June 03, 2011, 05:09:12 PM
 #8

They saw the success of folding at home and wanted in.

no. satoshi is either:
  • an alien from outer space willing to take over earth
  • an artificial intelligence building its nest
  • both of the above
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