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Question: How far will this leg take us?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26964960 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Fakhoury
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May 02, 2016, 12:59:22 PM

Guys, to be ultra sure that we in the right track and what happened today is most likely an epic scam, check the amount of the new threads created by a throwaway accounts (NLC accounts) stating that it's game over and such BS.
shmadz
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May 02, 2016, 01:03:28 PM

Satoshi the model train conductor was a much better story.
pleaseexplainagain
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May 02, 2016, 01:06:44 PM

Guys, to be ultra sure that we in the right track and what happened today is most likely an epic scam, check the amount of the new threads created by a throwaway accounts (NLC accounts) stating that it's game over and such BS.

was not the  same basic story run about a year ago ie wright claimed or denied or whatever he was satoshi after someone tracked him down? and that his main concern was that he had tax problems. I recall his "proof" of whatever he claimed being questioned at the time as well. it was i think even covered by this forum topic?
anyhow in the end it all fell away to nothing and bitcoin got on with being bitcoin
BitUsher
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May 02, 2016, 01:11:13 PM

FYI, @gavinandresen's commit access just got removed - Core team members are concerned that he may have been hacked.

https://twitter.com/petertoddbtc/status/727078284345917441

Craig Wright claims debunked:

https://news.ycombinator.com/item?id=11609707

Gavin has not posted anything to reddit in the past 10 days.  Are there any recent posts by him anywhere else?  Any OTHER posts where he confirms Craig's claim?

Maybe he is away and his ninja account has been hacked.  (To me, that post reads more like Craig's style than Gavin's style.)

Or maybe this is Gavin's way to kick the bucket and give the finger to the community...  Cheesy

"Jon Matonis" also claims to have seen proof firsthand. But I do not trust Jon's expertise or anything else...

Gavin posted this tweet right before his blogpost as an attempt to ward off critical scrutiny.... Or both accounts were hacked. Either way , it is a good idea to at least temporarily remove commit access-

https://twitter.com/gavinandresen/status/727053314848886784
hd060053
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May 02, 2016, 01:15:35 PM

why whould satoshi do all this shit over the media and dont just sign the blocks and post it?

i think this is just a bad attack on bitcoin.

markets reacting accordingly, first they panic becaues nobody is sure and now they buy again when they understand that there is no real proof from wright.
road to morocco
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May 02, 2016, 01:18:17 PM

FYI, @gavinandresen's commit access just got removed - Core team members are concerned that he may have been hacked.

https://twitter.com/petertoddbtc/status/727078284345917441

Craig Wright claims debunked:

https://news.ycombinator.com/item?id=11609707

Gavin has not posted anything to reddit in the past 10 days.  Are there any recent posts by him anywhere else?  Any OTHER posts where he confirms Craig's claim?

Maybe he is away and his ninja account has been hacked.  (To me, that post reads more like Craig's style than Gavin's style.)

Or maybe this is Gavin's way to kick the bucket and give the finger to the community...  Cheesy

"Jon Matonis" also claims to have seen proof firsthand. But I do not trust Jon's expertise or anything else...

Gavin posted this tweet right before his blogpost as an attempt to ward off critical scrutiny.... Or both accounts were hacked. Either way , it is a good idea to at least temporarily remove commit access-

https://twitter.com/gavinandresen/status/727053314848886784

Oh God ohdod oh GOD!!! Tell me it's not true! Our coin created by a bankrupt conman?! Shocked
If THIS isn't the final nail in our Bitcoin's coffin Cry

http://s32.postimg.org/6lj5d8rth/Capture.png

Someone hodl me?
BitUsher
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May 02, 2016, 01:20:36 PM

why whould satoshi do all this shit over the media and dont just sign the blocks and post it?

Because spending 4-5 pennies(Someone with half a Billion doesn't like to waste money you know!) and taking 1 minute of time is jumping through too many hoops for Craig Wright. Also he doesn't want attention or the spotlight but has tacky model shots and a new forum going up were he can bestow all of his new wisdom for thirsty investors.

Not that this even mattered at all , because if he could sign the first block I would simultaneously acknowledge a strong likelihood he was Satoshi and simultaneously not care what he has to say judging from his recent comments.  
above1000
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May 02, 2016, 01:24:47 PM

na'' the price skyrocketed from a dishonest exchange and china jumping into the game more like mt-gox
(with-out-gox) its going slow to say the least,, run a willy bot and get us above 1000 dollars per 1 btc
road to morocco
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May 02, 2016, 01:25:52 PM

Lord, this is awful! It's already all over the mainstream news! WHY IS THIS HAPPENING, LORD? WHY?!

http://s32.postimg.org/nf89va6j9/Capture.png

@BitUsher: Faithless blasphemer! Thou shalt not tempt the Lord thy God!
bobabouey2
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May 02, 2016, 01:29:08 PM

I posted this detailed analysis describing a likely motivation for Craig needing to "prove" he is Satoshi.

https://www.reddit.com/r/Bitcoin/comments/3w9xec/just_think_we_deserve_an_explanation_of_how_craig/cxuo6ac

The short version is that he made fictional investments in a company by claiming to have transferred his personal "interest" in $29m of bitcoin to the target company.  (I.e. no blockchain transfer, just a legal document claiming to transfer that amount of bitcoin.)

He then claimed substantial cash R&D credits from those transactions.  

Australian taxation office (ATO) began investigating.  He has paperwork showing the transactions, but knows that ATO might dig around and want to see verification that he truly owned $32m of bitcoin.  To cover that, he claims he put all his bitcoin in a trust, where the trustee was another early bitcoiner.  Unfortunately, that friend has now passed away, and the private keys are lost.

In order for the BS to be even vaguely plausible, he needs to show that he originally had access to $32m of bitcoin.  This is why he pretends to be Satoshi.

podyx
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May 02, 2016, 01:43:10 PM

Quite an overreaction for some insignificant news...
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May 02, 2016, 01:43:27 PM

Ha ha  Cheesy

If anyone believes Craig is Satoshi, they really need a brain upgrade.
Fakhoury
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May 02, 2016, 01:44:05 PM

Quite an overreaction for some irrelevant news...

Sad but true.
Elwar
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May 02, 2016, 01:45:13 PM

Something to think about though.

The last time Satoshi was wrongly revealed, Satoshi posted "I am not Dorian Satoshi".

No such post here.
road to morocco
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May 02, 2016, 01:48:39 PM

Quite an overreaction for some irrelevant news...

Irrelevant? If Dr. Wright is really Satoshi, my life is a lie! Cry
JorgeStolfi
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May 02, 2016, 01:50:25 PM

I posted this detailed analysis describing a likely motivation for Craig needing to "prove" he is Satoshi.

https://www.reddit.com/r/Bitcoin/comments/3w9xec/just_think_we_deserve_an_explanation_of_how_craig/cxuo6ac

The short version is that he made fictional investments in a company by claiming to have transferred his personal "interest" in $29m of bitcoin to the target company.  (I.e. no blockchain transfer, just a legal document claiming to transfer that amount of bitcoin.)

He then claimed substantial cash R&D credits from those transactions.  

Australian taxation office (ATO) began investigating.  He has paperwork showing the transactions, but knows that ATO might dig around and want to see verification that he truly owned $32m of bitcoin.  To cover that, he claims he put all his bitcoin in a trust, where the trustee was another early bitcoiner.  Unfortunately, that friend has now passed away, and the private keys are lost.

In order for the BS to be even vaguely plausible, he needs to show that he originally had access to $32m of bitcoin.  This is why he pretends to be Satoshi.

Thanks!  It is the best explanation I have seen of Craig's claim to be Satoshi.  And for the determination (desperation?) that he has shown in sustaining it.
gentlemand
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May 02, 2016, 01:51:00 PM

I like the idea of the clapped out dead cripple being Satoshi. That's rather evocative. This guy isn't giving me a boner though.
podyx
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May 02, 2016, 01:52:43 PM

Something to think about though.

The last time Satoshi was wrongly revealed, Satoshi posted "I am not Dorian Satoshi".

No such post here.

Fatman3001
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May 02, 2016, 02:00:49 PM

Something to think about though.

The last time Satoshi was wrongly revealed, Satoshi posted "I am not Dorian Satoshi".

No such post here.

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011936.html

It's old, maybe he changed his mind.
BitUsher
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May 02, 2016, 02:01:40 PM

Something to think about though.

The last time Satoshi was wrongly revealed, Satoshi posted "I am not Dorian Satoshi".

No such post here.

His email was hacked thereafter though.
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