RoadTrain
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Activity: 1386
Merit: 1009
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November 14, 2013, 10:29:53 PM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
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Andrey
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November 15, 2013, 04:40:39 AM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
Are you serious? Your questions been answered several times. Both by cex.io and some reputable members of bitcoin community (not me, of course, as I'm not reputable). Yet we shall care because you think that ppl making millions will steal change from the beggars. Just wait for investigation to finish.
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bclcjunkie
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November 15, 2013, 10:45:40 AM |
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exactly... since you can't control those gigahashes to mine currencies of your choice or point to other pools...so yes, seems like centralized mining is what they are after... me thinks they want to maintain that since the higher the hashrate the better chances of finding blocks yes? which is to be commended
I haven't seen anything to commend except their business savvy: Hashrate on their service is >2x more expensive than actually buying the hardware— more like 10x the price of stuff still in pre-order, and will never make a profit at those prices according to the calculator on their site. By doing so they centralize mining and create a moral hazard with apparent results like the one's we've seen here.
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RoadTrain
Legendary
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Activity: 1386
Merit: 1009
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November 15, 2013, 10:53:00 AM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
Are you serious? Your questions been answered several times. Both by cex.io and some reputable members of bitcoin community (not me, of course, as I'm not reputable). Yet we shall care because you think that ppl making millions will steal change from the beggars. Just wait for investigation to finish. Point me to "answers". I didn't want answers cause I didn't ask, I wanted public opinions. You must be very rich if hundreds BTC is change for you. I'm of course interested how their internal investigation ends up. If you have any facts to throw at me, do it now. Thinking that a company making millions is honest by definition because it won't bother stealing is a false assumption. PS. At least you didn't include your cex ref link in the post like the last time, you're making progress. You're biased, I doubt the discussion with you can be productive.
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PatMan
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November 15, 2013, 12:31:07 PM |
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which is to be commended
I haven't seen anything to commend except their business savvy: Hashrate on their service is >2x more expensive than actually buying the hardware— more like 10x the price of stuff still in pre-order, and will never make a profit at those prices according to the calculator on their site. By doing so they centralize mining and create a moral hazard with apparent results like the one's we've seen here. Yeah, maybe I was being too kind to them there.....
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PatMan
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November 15, 2013, 12:48:23 PM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
That's the problem, people don't care enough - until they lose everything, but then it's too late - as has happened before. Anyway, I've just read their "official" statement on the matter & am still mulling over the details, or lack of them. It's a shame that all the naysayers who were so quick to criticise Roadtrain, me & many others who pushed cex.io/ghash.io into responding to the subject/accusation, don't realise that it was being done for THEIR benefit & security. Had nobody said anything, nothing would have been done - no investigation, no statement - nothing. I'll reserve judgement until I've studied a little deeper, but at least we are finally in the process of finding out what exactly went on, at last.
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PatMan
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November 15, 2013, 12:49:57 PM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
Are you serious? Your questions been answered several times. Both by cex.io and some reputable members of bitcoin community (not me, of course, as I'm not reputable). Yet we shall care because you think that ppl making millions will steal change from the beggars. Just wait for investigation to finish. You misunderstand completely.
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Andrey
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November 15, 2013, 01:05:37 PM |
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@PatMan, in reality people don't seem to care much. They even come to this thread to post their referral links (I have reported them though). I personally haven't even been registered with them until recently (just to be able to see their hashrate surpassing that of BTCGuild at one point). I did my best to inform people by posting in several threads, but it seems these threads have a good chance of being flooded with tears in the end.
Are you serious? Your questions been answered several times. Both by cex.io and some reputable members of bitcoin community (not me, of course, as I'm not reputable). Yet we shall care because you think that ppl making millions will steal change from the beggars. Just wait for investigation to finish. You misunderstand completely. Yes I did. Thanks for the efforts. And I do care about cex.io+ghash.io being honest operators. I just don't think its time to accuse them and I've misinterpreted request for explanations as an accusation. edit: In case you've missed this: CEX.IO official statement:In October the development of the “ GHash.IO” project was transferred to the CEX.IO development team. The team worked hard to completely rewrite the whole GHash.IO engine, as well as perform other stability and responsiveness improvements, which you all may have noticed. We have also removed the 3% fee and released merged-mining alt coins to the miners. We would like to state that CEX.IO does not have any affiliation with the double-spending attack. As a part of the bitcoin community we condemn such actions, which harm the bitcoin network. We have conducted an internal investigation and can confirm, that from the 25th to 27th of September, the GHash.IO pool was mining on the address: 1MA7CKbWMyKdPkmsbnwmfeLh1hYy5A3gy8 to which we do not have any access or connection. However, the rewards for mined blocks on the above mentioned address were paid out from the GHash.IO wallet as per usual.Following further investigation and server log analysis we have noticed that several private keys were imported to the GHash.IO wallet within that time period. ( exact date could not be determined). This was done to conceal the missing bitcoins, since there was no direct deposit transaction. We haven’t found any signs of the system being compromised, but we believe that the attack was made from within the former development team. At the moment CEX.IO LTD is the lawful owner of the CEX.IO and GHash.IO projects as well as their domains. Our team at CEX.IO LTD. will do everything possible to prevent pool capacity manipulation in the future. We understand the communities’ concern about the misconduct of such great computing power at our pool ( since recently we have become the #1 pool), and we will gladly take into consideration any comments or suggestions to improve the pool’s security and overall quality of service. Still a very bad sign though.
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Come-from-Beyond
Legendary
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Activity: 2142
Merit: 1010
Newbie
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November 15, 2013, 01:47:47 PM |
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BenTuras
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November 15, 2013, 01:58:32 PM |
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Agree, stupid decimal comma issue. But did you notice it still doesn't add up ? 959.69 comes in, 1000.01 goes out and balance is 0 ?!
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gorgorom
Full Member
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Activity: 238
Merit: 100
Inject Its Venom Into Your Veins
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November 15, 2013, 02:07:51 PM |
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Wow... Someone needs to look into this..
Edit: Seen that statement from Cex.io, you would think they would have safeguards in place for this sort of thing..
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BenTuras
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November 15, 2013, 02:40:40 PM |
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I am leaning towards the idea that blockchain.info is showing false information. Just look at the transactions that are going to the 8000 BTC 199kVcHrLdouz9k9iW3jh1kpL7j9nLg7pn address. They all show 1000, but below it the total BTC moved is way lower.
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itod
Legendary
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Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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November 15, 2013, 03:32:16 PM |
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I am leaning towards the idea that blockchain.info is showing false information. Just look at the transactions that are going to the 8000 BTC 199kVcHrLdouz9k9iW3jh1kpL7j9nLg7pn address. They all show 1000, but below it the total BTC moved is way lower.
I don't get what you mean, what's lower? It says: Transactions No. Transactions 8 Total Received 8,000 BTC Final Balance 8,000 BTC
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RoadTrain
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Activity: 1386
Merit: 1009
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November 15, 2013, 05:25:53 PM |
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It's very strange, and it is still receiving a lot from ghash - probably a large miner (or ghash itself). It needs an explanation. Cause there's a contradiction.
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itod
Legendary
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Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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November 15, 2013, 05:57:25 PM |
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It's very strange, and it is still receiving a lot from ghash - probably a large miner (or ghash itself). It needs an explanation. Cause there's a contradiction. Notice also that 6 of 8 inputs were at the exact 3-day period we are talking about.
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RoadTrain
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Activity: 1386
Merit: 1009
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November 15, 2013, 08:55:20 PM |
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These 1000 BTC transactions spend outputs of several tx's of different addresses. Open any transaction and click "Show scripts & coinbase", you'll see the full picture.
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CeeCee
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November 16, 2013, 03:15:11 AM |
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so they are telling that NO ONE from ghash/cex has recognized that ALL btc was send to ONE adress for THREE days?
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