Bitcoin Forum
December 10, 2016, 01:05:34 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: BitTalk.TV Interview with Zhou Tong of Bitcoinica.com  (Read 3701 times)
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588


Hero VIP ultra official trusted super staff puppet


View Profile
January 08, 2012, 09:14:10 PM
 #1

EDIT:

BitTalk.TV will interview Zhou Tong this week regarding the now famous Bitcoinica.com.

We’ll probe his mind on the making of bitcoinica, the issues he faced, the success of it, and his future projects.  During the interview, Zhou Tong will be announcing some very important news that you won’t want to miss.

If you have a question you’d like Zhou Tong to answer during our interview, please post it below.

If it makes it on air, we’ll give you a free issue of BitTalk Magazine, the new digital magazine made for bitcoiners, by bitcoiners.











Everyone at BitTalk.TV would like to introduce themselves here and announce our plans for 2012 (which we are all very thrilled about).

For the sake of consolidation and avoiding spam, we’ll be putting all updates and announcements into this thread and changing the title of it accordingly.


In 2011, I had some fun with a webcam and some stories that I thought someone should talk about. That grew to a whole bunch of people being interested in doing it right and not the shitty way I was doing it alone.

After a pretty handsome donation from some hardcore bitcoiners and my inspiration to do something entertaining, I mostly ad-libbed an entire Christmas Special. It wasn’t meant to be serious, and it was coming right off the heels of a death in the family and our funds coming in late (e.g. we had 2 weeks to buy all the necessary equipment in Korea, plan, write and shoot everything, and none of us had worked together before).

We had some fun with a camera and now we know what not to do (like recording skype calls as AVI at a different framerate than our Premiere projects and to CS5.5 instead of trying to get 2 machines with CS4 and CS3 to work together well.)

After the Christmas Special, people knew that I was actually serious about what I’m doing, and by association what everyone who believes in BitTalk.TV is doing behind the scenes. With that came another handsome donation of proper state of the art rendering hardware.

We’ve come a long way from CosbyCoin webcam announcements and recording everything on my iPhone, but we’re still only getting warmed up. We’ve got a digital magazine planned for release at the end of the month as well.

The idea behind bittalk.tv is a simple one-- provide some actual quality entertainment in combination with some vivid education. Something we want to stay away from is 45 minute self-important interviews, crackhead-like fidgetting, and constantly belittling everyone who comes on our shows.

We truly hope the community supports us for what we do, but the bottom line is, even if they don't, we're doing it anyway because it's fun and we want to.

The day before yesterday when I gave an interview with Charlie Shrem of BitInstant, he told me that bitcoin needs a proper media outlet and that he believes we can be it. I hope nothing I do fucks it up, and that's why I try to get others involved in what I do-- to make sure it has the proper substance in addition to the obvious enthusiasm that comes out my every hole. With time, the things I record will stop looking like they came out of the larger of those holes.

Thanks.




This thread is live! That means that the topic will change and all future announcements will be posted directly here. Might want to subscribe!

1481375134
Hero Member
*
Offline Offline

Posts: 1481375134

View Profile Personal Message (Offline)

Ignore
1481375134
Reply with quote  #2

1481375134
Report to moderator
1481375134
Hero Member
*
Offline Offline

Posts: 1481375134

View Profile Personal Message (Offline)

Ignore
1481375134
Reply with quote  #2

1481375134
Report to moderator
There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Mihai Alisie
Newbie
*
Offline Offline

Activity: 21



View Profile WWW
January 10, 2012, 01:59:01 PM
 #2

BitTalk.TV will interview Zhou Tong this week regarding the now famous Bitcoinica.com.

We’ll probe his mind on the making of bitcoinica, the issues he faced, the success of it, and his future projects.  During the interview, Zhou Tong will be announcing some very important news that you won’t want to miss.

If you have a question you’d like Zhou Tong to answer during our interview, please post it below.

If it makes it on air, we’ll give you a free issue of BitTalk Magazine, the new digital magazine made for bitcoiners, by bitcoiners.



*This thread is live! That means that the topic will change and all future announcements will be posted directly here. You might want to subscribe!
Coinabul
Hero Member
*****
Offline Offline

Activity: 588


Coinabul - Gold Unbarred


View Profile WWW
January 10, 2012, 07:21:15 PM
 #3

*Subscribing*

Can't wait to see this episode!

Coinabul.com - Gold Unbarred
Website owners, let me put my ads on your site! PM me!
zhoutong
VIP
Hero Member
*
Offline Offline

Activity: 490


View Profile WWW
January 11, 2012, 12:00:27 AM
 #4

BitTalk.TV will interview Zhou Tong this week regarding the now infamous Bitcoinica.com.

We’ll probe his mind on the making of bitcoinica, the issues he faced, the success of it, and his future projects.  During the interview, Zhou Tong will be announcing some very important news that you won’t want to miss.

If you have a question you’d like Zhou Tong to answer during our interview, please post it below.

If it makes it on air, we’ll give you a free issue of BitTalk Magazine, the new digital magazine made for bitcoiners, by bitcoiners.



*This thread is live! That means that the topic will change and all future announcements will be posted directly here. You might want to subscribe!

Infamous?

Are you sure the word is correct? (I made this language mistake in an exam before.)

Founder of NameTerrific (https://www.nameterrific.com/). Co-founder of CoinJar (https://coinjar.io/)

Donations for my future Bitcoin projects: 19Uk3tiD5XkBcmHyQYhJxp9QHoub7RosVb
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588


Hero VIP ultra official trusted super staff puppet


View Profile
January 11, 2012, 12:10:58 AM
 #5


Infamous?

Are you sure the word is correct? (I made this language mistake in an exam before.)

It was more of a joke than anything, but if you think about it-- everyone knows you due to having been zhoutonged!

I'll change it to famous just the same. ^_^



Mihai Alisie
Newbie
*
Offline Offline

Activity: 21



View Profile WWW
January 16, 2012, 07:18:58 PM
 #6

Hello all,

Just wanted to remind you that there is no more than 24 hours remaining before we will no longer be recording questions asked in this thread for Zhou Tong’s interview that will take place on BitTalk.TV.

Please, if you have any questions to address to Zhou Tong, post them within the next 24 hours!

Thanks!

Mihai Alisie
MemoryDealers
VIP
Legendary
*
Offline Offline

Activity: 1006



View Profile WWW
January 16, 2012, 07:58:39 PM
 #7

I would like Zhou to be asked:  "Do you have any philosophical reasons for being involved with Bitcoins?"

BitcoinPorn
Hero Member
*****
Offline Offline

Activity: 560


Posts: 69


View Profile WWW
January 16, 2012, 08:50:31 PM
 #8

Infamous?

Are you sure the word is correct? (I made this language mistake in an exam before.)

I think infmaous is the perfect word.   Your site is definitely known for being attached to Gox and having crazy numbers right away and of course, the site by the young kid.   The more people that know about things regarding your site but probably don't even understand how it works, infamous is a great word.

The fact that you keep pushing through all these little things and keep focus on your project and making sure it is the best service using the tools that are available, will hopefully make you famous.

SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
January 16, 2012, 08:54:58 PM
 #9

Infamous?

Are you sure the word is correct? (I made this language mistake in an exam before.)

I think infmaous is the perfect word.   Your site is definitely known for being attached to Gox and having crazy numbers right away and of course, the site by the young kid.   The more people that know about things regarding your site but probably don't even understand how it works, infamous is a great word.

The fact that you keep pushing through all these little things and keep focus on your project and making sure it is the best service using the tools that are available, will hopefully make you famous.

You sure?

Definition of infamous : deserving of or causing an evil reputation; shamefully malign; detestable, having an extremely bad reputation.
BitcoinPorn
Hero Member
*****
Offline Offline

Activity: 560


Posts: 69


View Profile WWW
January 16, 2012, 08:59:39 PM
 #10

You sure?

Definition of infamous : deserving of or causing an evil reputation; shamefully malign; detestable, having an extremely bad reputation.
I am 100% not sure of the text book definition, all I know of is used around me, based on that only.  I can see the actual one having a way more negative connotation.  Even going by that though, I definitely have seen posts that were too keen on Bitcoinica, but I really feel those were the people who put money in that did not read the manual first to see what they were getting into.

SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
January 16, 2012, 09:02:20 PM
 #11

You sure?

Definition of infamous : deserving of or causing an evil reputation; shamefully malign; detestable, having an extremely bad reputation.
I am 100% not sure of the text book definition, all I know of is used around me, based on that only.  I can see the actual one having a way more negative connotation.  Even going by that though, I definitely have seen posts that were too keen on Bitcoinica, but I really feel those were the people who put money in that did not read the manual first to see what they were getting into.

They are certainly no more evil than Mt Gox themselves...  that is the textbook definition btw.
bittenbob
Hero Member
*****
Offline Offline

Activity: 560


View Profile
January 17, 2012, 12:36:58 AM
 #12

I think a good question and point of topic for the show would be:

How can we trust him to not trade against the positions of the members on site?

I have noticed every time they have run out of reserves of either USD or BTC that the market tends to move significantly in the opposite direction shortly after. Being able to know such a large number of orders that can't be seen on MTGox and no one else is privy to is bound to be tempting to exploit for profit. I am also sure that he has a large number of bitcoins and dollars from commissions. He has all the means at his disposal to perform such an act and it would be almost impossible to trace.
Matthew N. Wright
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588


Hero VIP ultra official trusted super staff puppet


View Profile
January 17, 2012, 07:31:32 PM
 #13

We will no longer be receiving questions for the Zhou Tong interview. Thank you for your participation!

We'll announce the interview in this thread and on BitTalk.TV.


bittenbob
Hero Member
*****
Offline Offline

Activity: 560


View Profile
January 17, 2012, 11:34:02 PM
 #14

With the big drop we just had I think my question is more relevant than ever.
teflone
Hero Member
*****
Offline Offline

Activity: 770


You're fat, because you dont have any pics on FB


View Profile
January 17, 2012, 11:52:08 PM
 #15

With the big drop we just had I think my question is more relevant than ever.

Changing my opinion on Zhou after watching this manipulation...

I will not be using bitcoinica, and I have lost NO money, but I can see how this is hurting us..

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
Koekiemonster
Sr. Member
****
Offline Offline

Activity: 321


Bitbuy.nl!


View Profile
January 17, 2012, 11:55:17 PM
 #16

I think more people will have questions right now Smiley

I have one myself which I'll try to squeeze in:

I respect the business Zhou is running and I think he is doing this in a good way, however: it is important for Bitcoinica that Bitcoin has a positive future. As Bitcoinica is taking more and more of the market, leveraged trading happens in higher frequencies and offering 10:1 margin trading will obviously have a positive short-term expected value for him, but I think the market is not ready for 10:1 trading yet and it could have huge negative impacts on the Bitcoin economy as today is an example. What is his view on this?

https://www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Bitcointalk topic over Bitbuy!
the joint
Legendary
*
Offline Offline

Activity: 1792



View Profile
January 17, 2012, 11:56:49 PM
 #17

With the big drop we just had I think my question is more relevant than ever.

Changing my opinion on Zhou after watching this manipulation...

I will not be using bitcoinica, and I have lost NO money, but I can see how this is hurting us..

+1  It's too early for the market.  Or at least get rid of the high leverage options.

simonk83
Hero Member
*****
Offline Offline

Activity: 896


View Profile
January 18, 2012, 12:05:14 AM
 #18

Infamous?

Are you sure the word is correct? (I made this language mistake in an exam before.)

I think infmaous is the perfect word.   Your site is definitely known for being attached to Gox and having crazy numbers right away and of course, the site by the young kid.   The more people that know about things regarding your site but probably don't even understand how it works, infamous is a great word.

The fact that you keep pushing through all these little things and keep focus on your project and making sure it is the best service using the tools that are available, will hopefully make you famous.

You sure?

Definition of infamous : deserving of or causing an evil reputation; shamefully malign; detestable, having an extremely bad reputation.

Sounds right to me Smiley
notme
Legendary
*
Offline Offline

Activity: 1540


View Profile
January 18, 2012, 05:40:05 AM
 #19

With the big drop we just had I think my question is more relevant than ever.

Changing my opinion on Zhou after watching this manipulation...

I will not be using bitcoinica, and I have lost NO money, but I can see how this is hurting us..

+1  It's too early for the market.  Or at least get rid of the high leverage options.

-1

All that happened was a few uberbulls got taught a lesson, and a few shorters got fucked as well on the rebound spike up.  Saw the upspike coming when the * popped up on the sell side down at 5.2.

We now have a higher portion of traders who are capable of not overleveraging themselves.  This is good for bitcoin.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
the joint
Legendary
*
Offline Offline

Activity: 1792



View Profile
January 18, 2012, 11:13:34 PM
 #20

With the big drop we just had I think my question is more relevant than ever.

Changing my opinion on Zhou after watching this manipulation...

I will not be using bitcoinica, and I have lost NO money, but I can see how this is hurting us..

+1  It's too early for the market.  Or at least get rid of the high leverage options.

-1

All that happened was a few uberbulls got taught a lesson, and a few shorters got fucked as well on the rebound spike up.  Saw the upspike coming when the * popped up on the sell side down at 5.2.  

We now have a higher portion of traders who are capable of not overleveraging themselves.  This is good for bitcoin.

+0   I understand the point and I think it is good that people have the option to use Bitcoinica (after all, it's a free market right?).  I also think people should be able to use drugs if they wish, but that doesn't mean that people using drugs is good for society.  It's good to have the choice, but not necessarily good to exercise that choice to commit to action.

While I don't consider myself a pessimistic person (I actually am one of the greatest optimists you can find), I do not trust the Bitcoin community in general to be careful with a Pandora's Box like Bitcoinica.  By careful, I mean responsible -- I don't trust that the majority of people are aware of the potential impact that their individual actions can have on the entire market. 

My main problem is that it aids in pure speculation.  Bitcoin is treated by most as a gambling opportunity first and an evolved social development second.  But, Bitcoin's intended purpose was to be an evolved social development first and a gambling opportunity, well, never (at least it isn't implied in the white paper).

Basically, I'm just saying that the motivation that drives many users into Bitcoin is antithetical to the intended purpose of Bitcoin.  Of course, one could argue this by saying that it's in alignment with Bitcoin's intended purpose simply because Bitcoin is used.  I think at a certain level this is true, but at a systemic level it is not.  All systems require balance to achieve homeostasis, but Bitcoinica really fucks with the balance of systemic input and output.  It's a threat to destabilization.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!