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Author Topic: Jed McCaleb's Exit from Ripple Labs: The Plot Thickens  (Read 3597 times)
MarketNeutral
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March 20, 2014, 11:16:13 PM
 #41

More like the plot sickens.

eDonkey? Yeah, that's been hyped to hell and back with underwhelming results, and sadly, was one of Jed's better projects. MtGox was awful when Jed was on board....and Ripple? No thanks, Jed. Ripple actually may do better without him. Let's hope Jed's next project doesn't disappoint like so many others.
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March 21, 2014, 04:27:35 AM
 #42

don't forget Jed's laptop was the one that got hacked revealing the admin pwd leading to the mtgox plunge to $0.001 over a period of about 15 min back in June 2011.

i tried to scrape up the video of that plunge but no success.  i remember being right there when it happened.  one of the most dramatic things i've ever seen realtime.


I watched that live too. I had only started really diving into bitcoin a few weeks prior; didn't own any yet. I recall when the price quickly rebounded to ~$17 and held after that, I was sufficiently impressed with bitcoin's resiliency to buy a little.

And then promptly ground down to $1.95 by November. Those were Bitcoin's darkest times.


Yes indeed. Down 90%+ on my first purchases. It was really annoying how so many people failed to see the long-term dynamic... (almost like looking at the spec forum right now...heh).



History does tend to go in repeating cycles.
Does that mean the next BTC low will be below $120....? Perhaps not this time.

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March 21, 2014, 04:18:31 PM
 #43

so how long before you all jump on the next <insert 3 letter>-coin here ?
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March 21, 2014, 11:30:52 PM
 #44

thanks for moving.

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