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TaoOfSaatoshi
Legendary
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Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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January 17, 2016, 12:05:23 AM |
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He does have a point in this case, however. This exchange does seem shady. Whether it is or not can be up for debate.
But, at the end of the day, no one has any proof of any wrongdoing, and this exchange certainly does not represent Dash by any means. We just need to keep doing what we're doing, building a great product, and the Dash price will rise organically.
We should keep an eye on this exchange, though.
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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January 17, 2016, 12:06:23 AM |
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Tao being Tao...
LoL !! Belter. He walked straight into that one.
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TanteStefana2
Legendary
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Activity: 1260
Merit: 1001
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January 17, 2016, 01:20:31 AM |
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If Hearn is correct that merely 2 Chinese miners own more then 50% of the blockchain, we haven't seen the bottom of Bitcoin.
Nationality is irrelevant. Mining centralization is a problem in general (until a solution is found) and it doesn't affect BTC only, but rather tens of cryptocurrencies including DASH 404360 37 seconds 1 4.17857144 DASH 3847.3 Coinmine.pl404359 1 minute 2 14.72181423 DASH 3860.0 Coinmine.pl404358 1 minute 7 2,357.21411384 DASH 3947.6 Coinmine.pl404357 4 minutes 7 290.44181073 DASH 4138.6 Unknown 404356 8 minutes 3 319.08682763 DASH 4272.6 Unknown 404355 10 minutes 13 3,164.26475198 DASH 4501.3 Such Pool 404354 14 minutes 5 58.51273415 DASH 4669.2 Coinmine.plAt least with Evolution it won't matter anymore. Masternode Quorums will vet what goes in the blockchain, and miner's blocks will be rejected if they do anything else. Our team has seriously worked on every issue. Of course, we are indeed in the same boat until Evo gets implemented, but that won't be long now
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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tungfa
Legendary
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Activity: 1834
Merit: 1023
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January 17, 2016, 01:28:22 AM |
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Happy Weekend ; )
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bigrcanada
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January 17, 2016, 01:33:48 AM Last edit: January 17, 2016, 01:51:40 AM by bigrcanada |
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Wonder if the volume on Livecoin is real? Where has this exchange come from to erupt like this?
Livecoin is totally legit. Poloniex is a scam. Everyone should move their BTC and DASH to Livecoin and trade there! Why don't you be a nice guy and congratulate the DASH team and community on a job well done and a very nice price rise?Because I remember when Willy, Karpeles's pet bot, used fake notional fiat to push the price of BTC to $1200. http://www.coindesk.com/bot-named-willy-did-mt-goxs-automated-trading-pump-bitcoin-price/And Livecoin isn't half as legitimate as Gox. At least we knew who ran Gox, and he was one of us (MagicalTux). The real question is why you aren't being appropriately skeptical and cautious about some random exchange suddenly appearing and pumping an instamined soda machine coin with "bad crypto" up 45% in four days. Hence my obligtory tounge-in-cheek "seems legit" posts. Even Bigrcanada got the joke, FFS. What is your malfunction? Conflict of interest? As much as I don't like or respect your tactics against DASH... This is one thing I am concerned about. In visiting and setting up the account on Livecoin... I thought maybe there is something unique that makes it easier or something. But I didn't find that... It's harder to navigate then Polo or Cryptsy or couple of others. And certainly I believe the DASHs technology and the team We have and current project is above any other crypto warranting a much higher price then we currently have, dig intended, I can not but help feel worried about this huge jump for a unknown exchange. Especially in light of the last week's events. When did Livecoin come online and who are they?
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Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant | Please visit DASH.org or DASHtalk.org for a list of merchants and information.
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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January 17, 2016, 01:36:20 AM |
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Livecoin isn't half as legitimate as Gox. At least we knew who ran Gox, and he was one of us (MagicalTux).
The real question is why you aren't being appropriately skeptical and cautious about some random exchange suddenly appearing and pumping an instamined soda machine coin with "bad crypto" up 45% in four days.
Hence my obligtory tounge-in-cheek "seems legit" posts. Even Bigrcanada got the joke, FFS. What is your malfunction? Conflict of interest?
hi loser, we all know you are a troll, a fascist, and a liar. And now also a censor deleting on-topic posts in your pathetic moderated threads: https://bitcointalk.org/index.php?topic=421615.msg13577026#msg13577026please, keep some dignity and move back to your cave. Oh wow, you sound really pissed off. Did I hit a nerve, toravich? Livecoin = Russian scammer site confirmed
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Melech
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January 17, 2016, 01:47:25 AM |
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Professional Trolling
Are you available for hire iCEBREAKER? I'm thinking about hiring a few guys to troll Monero...
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| . ,▄▄▄▄▄▄▄ ▄████▀▀▀▀████▄ ▄███` ,▄▄, ▀██▄ ▐██▀ ▄███████ ██▌ ,▄███ ████████▌ ▐██▄, ,▄███████▄ █▄▄██▄▄█ ▄███████▄▄ ██████████████████████████████████, ▐████▌ ██████████████████ ▐█████ ▀████▄▄████████▀ "████████▄▄████▀ `▀████████████▄▄████████████▀▀ '▀▀▀▀▀█████████▀▀▀▀ ▄▄ ▄▄ ███ ▄▄⌐ ███ ███ ██▌ ▀██ ███ ██▌ ▀██ ██▌ |
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Lebubar
Legendary
Offline
Activity: 1288
Merit: 1000
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January 17, 2016, 01:55:54 AM |
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Bigr don't quote the troll please! I don't want to see this dickhead fascist comments.
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Kuriso
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January 17, 2016, 02:26:39 AM |
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I'm just finding out that cryptsy has had problems. Will they be allowing withdraws of dash or are they holding all the funds?
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bigrcanada
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January 17, 2016, 02:40:19 AM |
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I'm just finding out that cryptsy has had problems. Will they be allowing withdraws of dash or are they holding all the funds?
Pretty sure... It's cooked.
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Proud lifetime DASH Foundation Member | First Brick & Mortar DASH Merchant | Please visit DASH.org or DASHtalk.org for a list of merchants and information.
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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January 17, 2016, 02:47:54 AM |
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I think the fact that Cryptsy finished selling their coins 450K+ DASH sold over the last year took a lot of artificial sell pressure out of the market Is it known that the coins were sold ? (As opposed to yet to be sold).I think you were trying this trolling angle yesterday as well. Of course they weren't mixed on Dash's blockchain, because Masternode Blinding is still a 'work in progress' or whatever. Mixing 450k Dash-coins with Darksend would take at minimum 2^7688 years. The last quark would decay into strings and branes eons before they finished. The only alternative is using cross-chain mixing via different exchanges, which is exactly what your post illustrates. Any proof the coins went to different owners, or are you just assuming the hackers didn't sell to themselves as a cross-chain mixing/plausible deniability scheme? Has Mullick "the wallet manager" been doxed ? Is he Paul Vernon's sock or simply a useful idiot/ patsy/scapegoat ? Yes, see -> https://www.linkedin.com/in/nicholas-mullesch-46b5a784Cryptsy.com is an Internet startup operated by Project Investors, Inc. focusing on the exchange of Crypto-Currency commonly known as “BitCoin” and it's derivatives. Cryptsy currently services more than 300 different types of crypto-currency.
The Cryptsy.com exchange opened on May 20th, 2013 and since then has seen rapid growth in both customer base and trade volume. Cryptsy currently has over 300k registered users with a volume of over 150k trades per day.
My responsibilities at cryptsy grew from a summer internship to Head of IT and Director of Crypto Currency over 2 years while the company grew. I maintained the network, infrastructure and operating systems for the entire production network which was up to 50 physical machines and even more virtual machines. I coordinated and implemented a point of presence in Boston, Ma as well as implemented new security standards across our entire infrastructure.
I was also responsible for maintaining the "Hot" wallets for the company. Three hundred resource intensive applications requiring maximum up time and security. These applications were storing millions of dollars worth of customers funds and needed to process up to 1.5 million requests per day from the frontend servers. This required me to design a completely new infrastructure. Starting at hardware selection, all the way to installation, configuration and deployment. The infrastructure included 12 physical machines and 300 virtual machines. In the year since it was implemented in January 2015 it has seen 100 Terabytes of external network traffic, 75 Petabytes of disk writes and has processed over 650,000 customer withdrawals of crypto currencies.
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Melech
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January 17, 2016, 03:03:45 AM Last edit: January 17, 2016, 03:47:13 AM by Melech |
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I'm just finding out that cryptsy has had problems. Will they be allowing withdraws of dash or are they holding all the funds?
gone i would suggest. what ever has happened, i just don't think folks are going to see their crypto out of cryptsy if the history of dead exchanges tells us anything. Fairly sure the Dash disappeared with the BTC & LTC, though Vern has not confirmed it on the blog yet There was a Dash tx for 456,501 around that same time, from a wallet that looked similar to the LTC wallet on the Craptsy blog... followed by enough complaints that 2 weeks after the theft (Aug 13, 2014), this confrontation about Dash (Darkcoin at the time) with Paul Vernon was posted to youtube: https://www.youtube.com/watch?v=dJONR_UL1rwThey are probably following my advice and looking at this tx-chain closely... it appears the person sold the Dash on every exchange possible, mostly Craptsy itself
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| . ,▄▄▄▄▄▄▄ ▄████▀▀▀▀████▄ ▄███` ,▄▄, ▀██▄ ▐██▀ ▄███████ ██▌ ,▄███ ████████▌ ▐██▄, ,▄███████▄ █▄▄██▄▄█ ▄███████▄▄ ██████████████████████████████████, ▐████▌ ██████████████████ ▐█████ ▀████▄▄████████▀ "████████▄▄████▀ `▀████████████▄▄████████████▀▀ '▀▀▀▀▀█████████▀▀▀▀ ▄▄ ▄▄ ███ ▄▄⌐ ███ ███ ██▌ ▀██ ███ ██▌ ▀██ ██▌ |
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TaoOfSaatoshi
Legendary
Offline
Activity: 2156
Merit: 1014
Dash Nation Founder | CATV Host
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January 17, 2016, 03:15:28 AM |
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Dash seems to be stabilizing around .01. I would be happy to stay here for a while before the conference and our next leg up...
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Hippie Tech
aka Amenstop
Legendary
Offline
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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January 17, 2016, 04:33:51 AM |
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I think the fact that Cryptsy finished selling their coins 450K+ DASH sold over the last year took a lot of artificial sell pressure out of the market Is it known that the coins were sold ? (As opposed to yet to be sold). https://i.imgur.com/1eZXdNE.jpgI think you were trying this trolling angle yesterday as well. Of course they weren't mixed on Dash's blockchain, because Masternode Blinding is still a 'work in progress' or whatever. Mixing 450k Dash-coins with Darksend would take at minimum 2^7688 years. The last quark would decay into strings and branes eons before they finished. The only alternative is using cross-chain mixing via different exchanges, which is exactly what your post illustrates. Any proof the coins went to different owners, or are you just assuming the hackers didn't sell to themselves as a cross-chain mixing/plausible deniability scheme? Has Mullick "the wallet manager" been doxed ? Is he Paul Vernon's sock or simply a useful idiot/ patsy/scapegoat ? Yes, see -> https://www.linkedin.com/in/nicholas-mullesch-46b5a784Cryptsy.com is an Internet startup operated by Project Investors, Inc. focusing on the exchange of Crypto-Currency commonly known as “BitCoin” and it's derivatives. Cryptsy currently services more than 300 different types of crypto-currency.
The Cryptsy.com exchange opened on May 20th, 2013 and since then has seen rapid growth in both customer base and trade volume. Cryptsy currently has over 300k registered users with a volume of over 150k trades per day.
My responsibilities at cryptsy grew from a summer internship to Head of IT and Director of Crypto Currency over 2 years while the company grew. I maintained the network, infrastructure and operating systems for the entire production network which was up to 50 physical machines and even more virtual machines. I coordinated and implemented a point of presence in Boston, Ma as well as implemented new security standards across our entire infrastructure.
I was also responsible for maintaining the "Hot" wallets for the company. Three hundred resource intensive applications requiring maximum up time and security. These applications were storing millions of dollars worth of customers funds and needed to process up to 1.5 million requests per day from the frontend servers. This required me to design a completely new infrastructure. Starting at hardware selection, all the way to installation, configuration and deployment. The infrastructure included 12 physical machines and 300 virtual machines. In the year since it was implemented in January 2015 it has seen 100 Terabytes of external network traffic, 75 Petabytes of disk writes and has processed over 650,000 customer withdrawals of crypto currencies. All this time I thought he was just a trollbox mod. haha This high school must have one helluva IT program or everything in that quote was dictated to him.
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TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
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January 17, 2016, 05:29:16 AM |
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The prices assume you never sold but accumulated dash all this time, but still looks like a nice service. You don't have to mess with anything yourself
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
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January 17, 2016, 07:31:02 AM |
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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