I just paid the $100K USD via BTC to become a Platinum Member of TBF.

[bg002h]

*snip*

TBF has yet to show proof that KnC did indeed paid for their Platinum Membership.

*snip*

This is the matter that needs to be addressed by TBF.

The reputation of TBF is already shot to hell; if they show some integrity around these concerns it might go some way to repairing it.

Kudos to Phinn for his artful exposé.

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

Anyone care to post their largest transaction for hordes of people to scrutinize and track?

[JorgeStolfi]

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

IIRC, the Shrem Karpelès & Friends Foundation explicitly promised that all the bitcoins sent to them would be received at that address, as part of their pledge to be transparent.  Am I wrong?

[QuestionAuthority]

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

IIRC, the Shrem Karpelès & Friends Foundation explicitly promised that all the bitcoins sent to them would be received at that address, as part of their pledge to be transparent.  Am I wrong?

TBF is a 501c3 nonprofit, they don't have a choice but to report it or they're breaking the law. Have a look:

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

[ObscureBean]

Wow I just now noticed this thread, I gotta say throwing away $100k like that is kinda cool  I would do something like that but only if I had at the very least 10,000 BTC.
Anyway, @Phinnaeus Gage it's a been a few months now since you joined, any regrets?

[Lethn]

I don't think you know but I'm pretty sure he either got banned or left lol he probably won't be posting here unless he's got alt accounts I'm not aware of and is hiding amongst the newbies.

[newuser01]

*snip*

TBF has yet to show proof that KnC did indeed paid for their Platinum Membership.

*snip*

This is the matter that needs to be addressed by TBF.

The reputation of TBF is already shot to hell; if they show some integrity around these concerns it might go some way to repairing it.

Kudos to Phinn for his artful exposé.

KNC probably just gave TBF a few ASICs instead of shipping them to their customers. 

[n0rBit]

I don't think you know but I'm pretty sure he either got banned or left lol he probably won't be posting here unless he's got alt accounts I'm not aware of and is hiding amongst the newbies.

I think he got banned.

[JorgeStolfi]

I don't think you know but I'm pretty sure he either got banned or left lol he probably won't be posting here unless he's got alt accounts I'm not aware of and is hiding amongst the newbies.

I think he got banned.

Brunos's account is now @Gleb_Gamow.

[Spendulus]

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

IIRC, the Shrem Karpelès & Friends Foundation explicitly promised that all the bitcoins sent to them would be received at that address, as part of their pledge to be transparent.  Am I wrong?

TBF is a 501c3 nonprofit, they don't have a choice but to report it or they're breaking the law. Have a look:

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB4QFjAA&url=https%3A%2F%2Fbitcoinfoundation.org%2Fstatic%2F2014%2F05%2FBitcoin-2013-990-PDC.pdf&ei=kpE8VO6JEIyvogS5j4H4Cw&usg=AFQjCNHodHz_JcAps1rK5LTTGarnyAoO4A&sig2=eA81dti8WngqFvEDM0Budw&bvm=bv.77412846,d.cGU

I don't know what all that crap in the link is, but stripping it out the link works fine.

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

$91,637 in "Realized exchange loss" and $15,431 in fines and penalties? (p.14 24a, 24b)

Sheeesh....

Let's look at the assets they have.  Unrealized gains on investments $5,195,589 as of 12-31-13, but at that time BTC price was > 1100USD.  Now it's about 400, which would put unrealized gains on investments at $1,189,305.

Revenue $877k, expenses $-1467K, difference -590K.  

At current BTC prices we have ...
 
2014 = 1,189,305 - 590,000 = 599,305
2015 = 599,305 - 590,000 = 9,305

Bankrupt in 2016?  Unless some sugar daddies come in, but they have their price, don't they?

[Spendulus]

*snip*

TBF has yet to show proof that KnC did indeed paid for their Platinum Membership.

*snip*

This is the matter that needs to be addressed by TBF.

The reputation of TBF is already shot to hell; if they show some integrity around these concerns it might go some way to repairing it.

Kudos to Phinn for his artful exposé.

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

Anyone care to post their largest transaction for hordes of people to scrutinize and track?

Let me get this straight.  You are claiming that the inability of those who have looked at the blockchain to locate a transaction which validates the payment of the 100K is no problem.  You are claiming somehow that examining a PUBLIC DATABASE, the blockchain, for the presence or absence of a particular payment is "bad".



Certainly an interesting point of view....

[n0rBit]

I don't think you know but I'm pretty sure he either got banned or left lol he probably won't be posting here unless he's got alt accounts I'm not aware of and is hiding amongst the newbies.

I think he got banned.

Brunos's account is now @Gleb_Gamow.

So is TBF bigger than bitcointalk?

[QuestionAuthority]

*snip*

TBF has yet to show proof that KnC did indeed paid for their Platinum Membership.

*snip*

This is the matter that needs to be addressed by TBF.

The reputation of TBF is already shot to hell; if they show some integrity around these concerns it might go some way to repairing it.

Kudos to Phinn for his artful exposé.

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

Anyone care to post their largest transaction for hordes of people to scrutinize and track?

Let me get this straight.  You are claiming that the inability of those who have looked at the blockchain to locate a transaction which validates the payment of the 100K is no problem.  You are claiming somehow that examining a PUBLIC DATABASE, the blockchain, for the presence or absence of a particular payment is "bad".

Certainly an interesting point of view....

I was wondering that too. That makes no sense unless you're just a TBF shill.

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

[Spendulus]

I was wondering that too. That makes no sense unless you're just a TBF shill.

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

I don't know what it is with those stupid massively long Google search results.  If I search for a link to XYZ, I want XYZ.  I don't want....

https://Google.com followed by 300 characters of gibberish

[QuestionAuthority]

I was wondering that too. That makes no sense unless you're just a TBF shill.

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

I don't know what it is with those stupid massively long Google search results.  If I search for a link to XYZ, I want XYZ.  I don't want....

https://Google.com followed by 300 characters of gibberish

Yeah, I don't know what that crap is either?

Usually I'd get rid of it but my head was bobbing and I thought screw it they'll figure it out. lol

[JorgeStolfi]

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

I don't know what it is with those stupid massively long Google search results.  If I search for a link to XYZ, I want XYZ.  I don't want....
https://Google.com followed by 300 characters of gibberish

Google wants to know which search results you choose to follow.  Thus, instead of  giving you a plain URL to the site XYZ, it gives you a URL to Google.com that says "the user clicked on the site XYZ".  Google  takes note of that, and then redirects you to the site XYZ.

[UpTo0.99]

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

IIRC, the Shrem Karpelès & Friends Foundation explicitly promised that all the bitcoins sent to them would be received at that address, as part of their pledge to be transparent.  Am I wrong?

TBF is a 501c3 nonprofit, they don't have a choice but to report it or they're breaking the law. Have a look:

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

I don't think they actually need to report individual donation TXs, but rather need to report the names of individual donors.

Similarly they do not need to report the actual "bank account numbers" (BTC addresses they received bitcoin in) but rather the state of their finances that are subject to government audit.

This is one example of how TBF is somewhat transparent (although it is probably the only example)

[WinVery.com]

Legendary, indeed

[keithers]

Wow this thread just reminded me, what ever happened to Phinnaeus? Did he say wether he was gOing out did he just vanIsh one day?

[JorgeStolfi]

Wow this thread just reminded me, what ever happened to Phinnaeus? Did he say wether he was gOing out did he just vanIsh one day?

Bruno is now @Gleb_Gamow.

[Spendulus]

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

I don't know what it is with those stupid massively long Google search results.  If I search for a link to XYZ, I want XYZ.  I don't want....
https://Google.com followed by 300 characters of gibberish

Google wants to know which search results you choose to follow.  Thus, instead of  giving you a plain URL to the site XYZ, it gives you a URL to Google.com that says "the user clicked on the site XYZ".  Google  takes note of that, and then redirects you to the site XYZ.

Got it.  It's the string with the tracking data that Google could sell off to other companies which tells them your behavior relative to the link/subject/topic.