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Author Topic: Atlantis down?  (Read 1695 times)
millsdmb
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September 27, 2013, 03:55:17 PM
 #21

LTC RIP  due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?
buying BTC

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niko
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September 27, 2013, 06:20:15 PM
 #22

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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September 27, 2013, 09:25:44 PM
 #23

LTC RIP  due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?

It is the Shol'va to BTCs Goa'uld.

HAHAAH!

bumpk1nK
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September 27, 2013, 09:43:53 PM
 #24

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.


Is there any way how often this market strategy can be executed, I mean for optimal profit?


dc98wdHhcjkwleHUnBce8gd87teibN9ys38y3uTgsHG02e9-ok my keyboard works!
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xsfgsdrwe
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September 27, 2013, 10:35:02 PM
 #25

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

t3xasdolly
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September 27, 2013, 10:39:43 PM
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Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

LTC are just tokens  Smiley
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September 27, 2013, 10:56:34 PM
 #27

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

LTC are just tokens  Smiley


Does the same go for quarters?

millsdmb
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September 27, 2013, 11:45:15 PM
 #28

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?
Cheesy Cheesy Cheesy Cheesy Cheesy

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xsfgsdrwe
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September 28, 2013, 12:22:58 AM
 #29

Well I didn't lose any money through them so I find it amusing you guys are laughing about it.

millsdmb
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September 28, 2013, 12:30:38 AM
 #30

im laughing at the question because if anyone knew who they were they wouldn't be running swindling Atlantis. Not everyone is edward snowden. The assholes who ran atl used cryptocat for an interview when the people who wrote it dont even claim to have a full grasp on crypto, of course someone found a vuln which was patched but not without the dev of cryptocat getting a severe lyrical asswhooping by the guy who found the hole. I'll dig for sources and update this post momentarily. Its pretty interesting stuff.

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
niko
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September 28, 2013, 03:16:16 AM
 #31

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.


Is there any way how often this market strategy can be executed, I mean for optimal profit?


Yes, however the equation is a trade secret. It's based in quantum mechano-economics. If it were revealed to the public, it would quit working.

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b!z
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September 28, 2013, 06:37:45 AM
 #32

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

But that is too much effort, and they even risk losing their existing customers. It is illegal, anyways so i do not think it is a good idea.
utarinues
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September 28, 2013, 08:52:43 AM
 #33

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

But that is too much effort, and they even risk losing their existing customers. It is illegal, anyways so i do not think it is a good idea.


Do you think they would care it is illegal?
niko
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October 02, 2013, 08:24:21 PM
 #34

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.
EDIT - in the light of revelations from the FBI files, the chief operator of SR was a total ass. Murder-for-hire level ass. Just saying. He had all these memorable quotes, all while being a total ass. Not as bad, deceptive, and murderous as a typical president of his country, but still.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
pedrog
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October 02, 2013, 08:34:23 PM
 #35

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.
EDIT - in the light of revelations from the FBI files, the chief operator of SR was a total ass. Murder-for-hire level ass. Just saying. He had all these memorable quotes, all while being a total ass. Not as bad, deceptive, and murderous as a typical president of his country, but still.

I don't find anything at the FBI website...

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