Ted E. Bare
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July 26, 2017, 04:44:05 PM |
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Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.
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fragout
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July 26, 2017, 04:47:29 PM |
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Did everyone just miss this bit ?? - The trial of MT's CEO recently kicked off in Tokyo. Gox Mark Karpelès , who accused the hackers of the 850,000 bitcoin, worth about $ 500 million, lost in 2014. According to documents that reached 306,853 bitcoins stolen after the attack on Mt. Gox entered the BTC-e purses. According to the same documents another part of the stolen from the attack on Mt. Gox arrived at a San Francisco exchange office.
What's that supposed to mean? Sooner or later every bitcoin (stolen or not) will "enter" some exchange. That doesn't mean that the person that sends it to the exchange is the thief! Fair point but the powers that be like to spin it as facilitating money laundering. ie the exchange is providing a platform for the sale of stolen goods (btc) I know its bullshit but try telling the fbi that when they come a knocking.
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leowonderful
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Bitcoin FTW!
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July 26, 2017, 05:08:37 PM |
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Why can't there ever be a month where nothing bad happens? At least SW is going to lock in this month, interested to see how far down price will go before and after SW. Volume will probably slow to a trickle that day, meaning easy manipulation of price. And BTC ABC.
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becoin
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Activity: 3431
Merit: 1233
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July 26, 2017, 05:12:39 PM |
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At least SW is going to lock in this month, interested to see how far down price will go before and after SW.
I'm interested to see how far up price will go before and after SW.
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savetherainforest
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July 26, 2017, 05:16:40 PM |
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Cost of production to mine anything in space will be astronomical so you're wasting my time even mentioning it. You might as well claim we will mine gold inside a black hole or alternate dimension. We would probably attempt to mine metals 2 miles under the ocean long before space but that is of course no threat to anyone buying at current prices.
http://www.planetaryresources.com/http://deepspaceindustries.com/Cost to start mining will be astronomical but so will be the quantities mined. Asteroid mining is not that far away in time. Privatization of space industry is bringing down costs. You don't really know whether the costs will be so high that the market won't be flooded enough to keep the price of precious metals down. That's a futuristic concept art, you don't need that kind of structure to start mining an asteroid, and it's not a Dyson sphere. You don't have to maneuver kilometer long asteroids, small ones will do, there are ones passing close by Earth, you don't have to go to the other side of the Sun or something.
It will probably be a couple decades but you shouldn't be so dismissive of it, especially if you're betting all on precious metals
You know what youre talking about, unlike ROach who loves mixing things together with irrational explanations..which make me convinced that his longterm gold plan will be ruined if he wont listen. Thats not my problem i just gave him a good tip. I'm baffled about the Dyson spheres those belong to type 2+ civilizations while we Earthlings sticking to type 0. Same story when i explained 3d printer to my friends years ago, they thought i was crazy. There was no such thing as ''printing'' a house out of a 3d printer, they know better now. Even NASA is using a 3d printer to print food for there mission to Mars. Within 10 years everybody will have one so people can download ore disign there own furniture. possibilities are end-less. Idem dito with Bitcoin. Those people who called me a fool are now respecting me because they know i'm starting to get rich. (Profits are nice but thats not my main goal, financial freedom is more important to me) I love longterm exotic technology, my calls are always on spot. Currently i'm reading a lot about nano technology and human DNA, in particular DNA manipulation. Then you should be more careful of what you introduce in your mouth and eat it.
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leowonderful
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Bitcoin FTW!
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July 26, 2017, 05:22:57 PM |
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At least SW is going to lock in this month, interested to see how far down price will go before and after SW.
I'm interested to see how far up price will go before and after SW. If the rumors are true that BTCe hacked Mt. Gox, then 500k BTC hitting the market is probably not going to make the price go up much anytime soon. I do welcome cheap coins, though.
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European Central Bank
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Activity: 1288
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July 26, 2017, 05:23:55 PM |
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If the rumors are true that BTCe hacked Mt. Gox, then 500k BTC hitting the market is probably not going to make the price go up much anytime soon. I do welcome cheap coins, though.
everyone here probably has a little of those coins in their wallets. it's not as if the guy was gonna sit on it forever.
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Prova123
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July 26, 2017, 05:24:21 PM |
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Thieves all in prison! A real material prison
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becoin
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July 26, 2017, 05:26:39 PM |
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I think it'll go down some if the rumor is true and BTCe did indeed hack MT Gox.
The rumor is that MtGox hacker laundered stolen bitcoins by selling them on BTC-e. This is very different from accusing BTC-e of hacking MtGox. lol
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Dotto
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Activity: 981
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No maps for these territories
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July 26, 2017, 05:28:02 PM |
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Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.
That´s the problem with a transparent blockchain and that´s why monero is rising right now. People hadn´t yet figured out that fungibility matters
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K~Ehleyr
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Ooh, shiny things!!
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July 26, 2017, 05:36:06 PM |
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Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.
That´s the problem with a transparent blockchain and that´s why monero is rising right now And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain..... Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend. Obfuscate the transactions, not the whole damn blockchain. Ah well, people will learn. Does anyone know Kraken's policy in the event of a coin split? Have they announced one?
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allstolennnnn
Newbie
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July 26, 2017, 05:46:13 PM |
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Did everyone just miss this bit ?? - The trial of MT's CEO recently kicked off in Tokyo. Gox Mark Karpelès , who accused the hackers of the 850,000 bitcoin, worth about $ 500 million, lost in 2014. According to documents that reached 306,853 bitcoins stolen after the attack on Mt. Gox entered the BTC-e purses. According to the same documents another part of the stolen from the attack on Mt. Gox arrived at a San Francisco exchange office.
What's that supposed to mean? Sooner or later every bitcoin (stolen or not) will "enter" some exchange. That doesn't mean that the person that sends it to the exchange is the thief! Fair point but the powers that be like to spin it as facilitating money laundering. ie the exchange is providing a platform for the sale of stolen goods (btc) I know its bullshit but try telling the fbi that when they come a knocking. Poloniex Wait for the shit storm..
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Dotto
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Activity: 981
Merit: 1005
No maps for these territories
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July 26, 2017, 05:46:58 PM |
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Good chance there are also stolen coins among the many coins we own by now. People are willing to pay a premium for freshly mined virgin bitcoins.
That´s the problem with a transparent blockchain and that´s why monero is rising right now And that won't lead to monero attracting special attention from the FBI and having its fiat gateways tightly controlled and resources ploughed into cracking the cryptography that will eventually expose the whole monero blackchain..... Bitcoin is absolutely right to have a transparent blockchain, it just lacks the optionally private transactions that Dash has mastered with PrivateSend. Obfuscate the transactions, not the whole damn blockchain. Ah well, people will learn. Does anyone know Kraken's policy in the event of a coin split? Have they announced one? The laws of maths are stronger than the laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is so cheesy that is almost respetable
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European Central Bank
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July 26, 2017, 05:54:20 PM |
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Laws of maths are stronger than laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is a joke so cheesy that I won´t even try to discuss it
people are more scared of human laws than mathematical ones. the only option going forward will be p2p. if government wants to get heavy on truly anonymous coins all exchanges are gonna cave. they'll stop trading it.
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ImI
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Activity: 1946
Merit: 1019
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July 26, 2017, 05:56:41 PM |
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I think it'll go down some if the rumor is true and BTCe did indeed hack MT Gox.
The rumor is that MtGox hacker laundered stolen bitcoins by selling them on BTC-e. This is very different from accusing BTC-e of hacking MtGox. lol The rumor is that BTC-e hacked MtGox and used their own exchange to sell a good portion of the BTCs. But lets see, so far just rumors...
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fluidjax
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July 26, 2017, 05:57:05 PM |
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According to the same documents another part of the stolen from the attack on Mt. Gox arrived at a San Francisco exchange office.
Poloniex Wait for the shit storm.. Poloniex is: VCORP Services LLC 1013 CENTRE ROAD SUITE 403-B Wilmington DE 19805 Why do you say it's in San Francisco? Sock FUD?
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soullyG
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July 26, 2017, 05:57:13 PM |
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http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.htmlEarlier today news broke of an arrest in Greece of a Russian national suspected of running a large-scale money laundering operation focused on Bitcoin. The man has since been publicly identified as Alexander Vinnik, 38, and over $4 billion USD is said to have been trafficked through the operation since 2011.
We won't beat around the bush with it: Vinnik is our chief suspect for involvement in the MtGox theft (or the laundering of the proceeds thereof). This is the result of years of patient work, and these findings were surely independently uncovered by other investigators as well. Everyone who worked on the case have patiently kept quiet while forwarding findings to law enforcement, so as not to tip suspects off and to maximize the chances of arrests.
With such an arrest actually happening, we think today might — finally — be the day when we can begin talking about what we've actually been doing all this time and what we found. Thank you for your patience. In September 2011, the MtGox hot wallet private keys were stolen, in a case of a simple copied wallet.dat file. This gave the hacker access to a sizable number of bitcoins immediately, but also were able to spend the incoming trickle of bitcoins deposited to any of the addresses contained.
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Dotto
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No maps for these territories
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July 26, 2017, 05:58:02 PM |
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Laws of maths are stronger than laws of men. Good luck cracking the XMR cryptography. Also, the whole Dash is a joke so cheesy that I won´t even try to discuss it
people are more scared of human laws than mathematical ones. the only option going forward will be p2p. if government wants to get heavy on truly anonymous coins all exchanges are gonna cave. they'll stop trading it. Paradoxically, TPTB needs fungibility too and that´s the very reason of existence and protection of the offshores. Do you think the rothchilds and the big players are going to have his money visible at the eyes of all?
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European Central Bank
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July 26, 2017, 06:00:32 PM |
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Paradoxically, TPTB needs fungibility too and that´s the very reason of existence of the offshores. Do you think the rothchilds are going to have his money visible at the eyes of all?
i expect if people of that level do get involved it'll be on a custodial basis and there'll never be any way of linking them to any type of crypto. stuff like buying into the mythical xapo laptop locked in a vault is how they'll do it.
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becoin
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Activity: 3431
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July 26, 2017, 06:04:52 PM |
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people are more scared of human laws than mathematical ones.
I don't think so. Try to walk on the street by neglecting mathematical laws. You'll kill yourself in just a minute.
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