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freebit13
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March 09, 2014, 08:31:31 AM |
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So explain this to me..if it was a program that is made to keep splitting them up over and over, it must ...
A) Be set to stop at some point (how many bitcoin per account before splits stops)
B) Also store or record other info and sent that somewhere.
What makes me go wow is how many addresses and keys that would be to have and keep track of, unless he wrote something to handle that as well. Even still, holy crap. Also even with all these splits the accounts can still be monitored so what is the point.
Is it ment to be able to hide keys all over the place for all these accounts and even if you lose some you may never lose it all.
It has to do with change and transaction confirmations... making payments from large addresses takes a long time for change to be returned. splitting it up into smaller coins makes high volume transaction faster and more secure, reducing the chance of double spending. Oh, the keys would abviously all be automatically stored in a db.... one would hope. |
Decentralize EVERYTHING!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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CryptoDomains
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March 09, 2014, 12:13:06 PM |
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I see I see...
Do we really believe it is about ease of a transaction vs a simple divide to hide?
Also, would someone do that and send all the keys to one db? Would they hide them or divide that info after the fact?
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rohan1
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March 09, 2014, 01:29:03 PM |
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MT-GOX, top suspect for this.
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Beliathon
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March 09, 2014, 02:08:52 PM |
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Skynet.
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Xio
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March 09, 2014, 02:18:43 PM |
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It's also possible some authority involved in the MtGox insolvency decided they'd have to split any remainder of funds into small chunks for reimbursements for whatever logical reason.  |
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andyBernard
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March 09, 2014, 02:19:01 PM |
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nsa moving coins?
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Searing
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Clueless!
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March 09, 2014, 02:40:18 PM |
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Skynet.
+1 (bitcoin all the drama of the end of the world without leaving your computer screen.......pick a day any day) what would be scary if they really did just find Satoshi ...and he is just plain p/o'd at being found out.... and i don't know flushes the works to paris hilton's bitcoin address or to donald trumps btc address or the facebook twins riots i tell you riots would happen if kim kardasian controlled all that BTC (crap scared self) (on a side note i DO predict that someday someone like pais hilton or donald trump will win a major lottery like powerball same riots different circumstances..you heard it hear first ...probably Robert Blake heh) Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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freebit13
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March 09, 2014, 02:48:16 PM |
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Skynet.
+1 (bitcoin all the drama of the end of the world without leaving your computer screen.......pick a day any day) what would be scary if they really did just find Satoshi ...and he is just plain p/o'd at being found out.... and i don't know flushes the works to paris hilton's bitcoin address or to donald trumps btc address or the facebook twins riots i tell you riots would happen if kim kardasian controlled all that BTC (crap scared self) (on a side note i DO predict that someday someone like pais hilton or donald trump will win a major lottery like powerball same riots different circumstances..you heard it hear first ...probably Robert Blake heh) Searing -1 Wrong Movie!   |
Decentralize EVERYTHING!
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bitjoint
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Commander of the Hodl Legions
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March 09, 2014, 02:51:55 PM
Last edit: March 09, 2014, 05:30:44 PM by bitjoint |
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Isn't this 180k person/entity splitting the coins in the very same way that the mtgox thieves did?... don't you find this worrying?
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ifritsultan
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March 09, 2014, 05:25:03 PM |
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hyunsookmom
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Kamehameha!!!
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March 09, 2014, 05:31:43 PM |
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Please mtgox will you please buy darkcoins to keep your money off the radar, you get rich, I get rich, everyones happy!  |
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jbreher
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lose: unfind ... loose: untight
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March 09, 2014, 07:00:32 PM |
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What makes me go wow is how many addresses and keys that would be to have and keep track of,
Umm.... isn't that exactly what wallets do? unless he wrote something to handle that as well.
Maybe he's learned his lesson about trusting his own code. Unless, of course, he just stole the money himself. Which seems a distinct possibility. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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E.exchanger
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March 09, 2014, 09:19:53 PM |
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GOX bastards possibly who else can have that amount of coins  fuck gox  |
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roslinpl
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March 09, 2014, 10:41:53 PM |
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GOX bastards possibly who else can have that amount of coins fuck gox hmmm there are many people who can have 180k BTCIf someone spend few hunderd bucks in 2010 to buy some BTC  he could be just a taxi driver or a streetcleaner. |
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LiteCoinGuy
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In Satoshi I Trust
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March 09, 2014, 10:45:40 PM |
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roslinpl
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March 09, 2014, 11:12:23 PM |
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Someone with >180000BTC do not want to be tracked? 200,000 is the real number. Not that the extra 20,000 BTC amounts to much anymore Tracking is so easy, even I could do it. There must be another reason. Theories anyone? Another reason - make Bitcoin network more busy?  Only reason is - if you would have 200k BTC would you like to have it on a one address? And show that to someone? It's harder to steal from so many addresses than if it would sit on just one. |
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