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Author Topic: The most iconic bitcointalk threads. History on Bitcointalk.  (Read 1599 times)
xtraelv
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June 25, 2018, 01:23:06 AM
 #21


A few hints for the OP:
The forum was also reachable under forum.bitcoin.org for some time before it moved to bitcointalk.org IIRC.
The "name" of the forum is actually "Bitcoin Forum", not "Bitcointalk" (see upper left corner of this page).

Also, it might be noteworthy that for some time, DDOSing this forum coincided with dumps on then dominant Bitcoin exchange MtGox. I.e., you could DDOS this forum, which in turn made the price of Bitcoin drop. Market manipulation wild Wild West Cool

I've edited the OP to include some of your comments and used part of your post as a quote on the Bitcointalk history of hacks and vandalism and Bitcointalk history of MtGox and how a Bitcointalk post caught the MtGox hacker. threads. It is great to have this type of input from people that were actually there when some of this history was being made.

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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August 15, 2018, 01:58:55 AM
Merited by qwk (1)
 #22

...
October 09, 2011,[ANN] Litecoin accounced by Charlie Lee (SCRYPT)
https://bitcointalk.org/index.php?topic=47417.0
...
You named that one wrongly.

Litecoin is a [SCAM]

He created it with claims it was GPU resistant and you will also find me posting in there about it
saying he used scrypt settings low enough to fit in a GPU.

The truth was the coin creator was GPU mining for a VERY long time while everyone else was CPU mining, until he released the GPU code
(if my memory serves me correctly - though it may not - it may have been as long as a year?)

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August 15, 2018, 04:49:57 AM
 #23

...
October 09, 2011,[ANN] Litecoin accounced by Charlie Lee (SCRYPT)
https://bitcointalk.org/index.php?topic=47417.0
...
You named that one wrongly.

Litecoin is a [SCAM]

He created it with claims it was GPU resistant and you will also find me posting in there about it
saying he used scrypt settings low enough to fit in a GPU.

The truth was the coin creator was GPU mining for a VERY long time while everyone else was CPU mining, until he released the GPU code
(if my memory serves me correctly - though it may not - it may have been as long as a year?)

I haven't been around long enough to know all the scandals and accusations. I tried to look for the post but haven't found it yet.

This is why threads like this are so cool. Some of the Legendaries like yourself share their knowledge.

I suppose the same happened with ASIC mining. Some of the ASIC resistant coins like Monero experieced unusually high hashrates months before the ASICs were announced.

Scrypt was also supposed to be ASIC resistant too but eventually they figured out how to build a chip for it. Some of the early ASICs were horrendously expensive but also were current for a long time (Unlike sha256 which seem to outdate quite quickly)

Nearly all Algos now have ASICs with bitcoin leading the way for the fastest and most frequent improvements. All predicted by Satoshi. The next stage is embedded chips in devices like routers (already happening)

Personally I think ASICs are a good thing for coin networks that can maintain a decent hashrate to secure it.

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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October 09, 2018, 10:53:38 AM
 #24

The first documented sale of rhodium bullion for Bitcoin Cheesy
https://bitcointalk.org/index.php?topic=108331.0

BITCOINTALK STAFF SELECTIVELY ENFORCE THE RULES IN AN ATTEMPT TO CREATE A CHILL EFFECT AND PERMANENTLY REMOVE ME AND OTHERS FROM THIS FORUM AS RETALIATION FOR SPEAKING OUT ABOUT THEIR ABUSIVE BEHAVIOR, AND THAT OF THEIR PERSONAL CLIQUES.
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October 09, 2018, 10:58:35 AM
Merited by TECSHARE (5)
 #25

The first documented sale of rhodium bullion for Bitcoin Cheesy
https://bitcointalk.org/index.php?topic=108331.0

Thats expensive stuff !

I've added it to the OP


We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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October 09, 2018, 06:30:50 PM
 #26

Wow, what an archive of knowledge, definitely going to get lost in this for the next few hours.

Wish I had some +merit left for you as I know this must have taken a long time to collate.


           
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vit05
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October 09, 2018, 07:23:00 PM
 #27

The first documented sale of rhodium bullion for Bitcoin Cheesy
https://bitcointalk.org/index.php?topic=108331.0

Thats expensive stuff !

I've added it to the OP



He paid 9BTC. That is, today it would cost almost 60k USD. This is cool as a curiosity, but it should never discourage using BTC for transactions like this. On the contrary, it should stimulate. But often cases like this or that pizza make us think several times before spending any BTC we own. This is sad

1 GRAM RHODIUM COIN = US $162,95
xtraelv
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October 26, 2018, 01:11:09 PM
 #28

The first documented sale of rhodium bullion for Bitcoin Cheesy
https://bitcointalk.org/index.php?topic=108331.0

Thats expensive stuff !

I've added it to the OP



He paid 9BTC. That is, today it would cost almost 60k USD. This is cool as a curiosity, but it should never discourage using BTC for transactions like this. On the contrary, it should stimulate. But often cases like this or that pizza make us think several times before spending any BTC we own. This is sad

1 GRAM RHODIUM COIN = US $162,95

It is the people that use bitcoin and altcoins as a means of exchange that will eventually assist it to become adopted by the masses.

My theory is that when BTC reaches a high value it will become more stable and trading will be done in satoshi increments or BTC will be used for inter exchange transactions but other crypto will be used for smaller transactions.

I have also paid phenomenal amounts for items purchased with BTC and items purchased with altcoins. But I have also paid minuscule amounts for BTC and ETH at times and mined coins at a fraction of their current value. Some of the items I purchased now have great sentiment value. Someone once said to me:" Shit happens in crypto trading. If you have regrets then you should not buy Crypto."

If you buy something with BTC and you feel you might regret it - just buy more BTC.

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
* The most iconic historic bitcointalk threads.* Satoshi * Cypherpunks*MtGox*Bitcointalk hacks*pHiShInG* Silk Road*Pirateat40*Knightmb*Miner shams*Forum scandals*BBCode*
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October 26, 2018, 01:27:50 PM
 #29

If you buy something with BTC and you feel you might regret it - just buy more BTC.
I suppose that would be sound advice for something that could only be purchased with crypto.  If that's not the case, using fiat makes a hell of a lot more sense.  Spending bitcoin just to spend it has always been a silly concept to me, but I'm one of those folks who believes bitcoin is more an investment asset than a currency.

The first documented sale of rhodium bullion for Bitcoin Cheesy
https://bitcointalk.org/index.php?topic=108331.0
And that thread also demonstrates people were being bitches to each other on bitcointalk even back in 2012.  Everyone seemed a lot friendlier in the first couple years of this forum's existence from the threads I've read from that time period.  

Edit:
Aw man, I was a lurker here when MPOE-PR was still active, and I thought he wrote some of the best posts.  He was a complete bastard and used to mercilessly give people the smackdown, but MPOE-PR knew how to write.  I think by the time I registered in 2015, he'd already been banned, and I don't know the whole story behind that.  He had a great avatar, too.

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October 26, 2018, 01:47:18 PM
 #30

https://bitcointalk.org/index.php?action=profile;threads;u=52741;sa=showPosts
eg https://bitcointalk.org/index.php?topic=140484.0

edit for pharma: https://bitcointalk.org/index.php?topic=552981.msg6025913#msg6025913

I do not accept segwit outputs as payment, nor send them.
~14 easy tricks to save your bitcoin http://trilema.com/2013/how-to-airgap-a-practical-guide/ The auditable hardware RNG http://nosuchlabs.com/
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