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Author Topic: Anyone know what happened to knightmb and his 371,000 BTC?  (Read 75202 times)
SgtSpike
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June 19, 2012, 06:51:34 AM
 #201

Just curious knightmb, to quiet all the naysayers, can you point us to the transaction of the donation to wikileaks?
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June 19, 2012, 07:48:11 AM
 #202

A large portion of my past time has actually been invested in the creation of an alternate digital currency for the last few years because I always thought there was a better way to do it. So that's where I spend all my time now, at timekoin.org

Wait, this whole thing was just an advert for a Bitcoin alternative? Genius Smiley

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June 19, 2012, 11:49:12 AM
 #203

So that's where I spend all my time now, at timekoin.org

This is a quote from the site:
Quote
The Timekoin economy runs on very simple rules. These rules are enforced by all peers participating in the network.
No hard limit on currency. The only restraint is math itself.

If this means that there is no upper limit on the total amount of "coins" that can be generated - i.e. infinite inflation, than this will fail unfortunately.
All currencies must be inherently scarce, otherwise failure is guaranteed.
.
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June 19, 2012, 11:55:18 AM
 #204

So that's where I spend all my time now, at timekoin.org

This is a quote from the site:
Quote
The Timekoin economy runs on very simple rules. These rules are enforced by all peers participating in the network.
No hard limit on currency. The only restraint is math itself.

If this means that there is no upper limit on the total amount of "coins" that can be generated - i.e. infinite inflation, than this will fail unfortunately.
All currencies must be inherently scarce, otherwise failure is guaranteed.
.

There is only so many hours in a day Im guessing Smiley

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June 19, 2012, 02:00:28 PM
 #205

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Exactly ! This story is BS and this guy is just waiting to cash out when we reach $10 in Dec.

Hope I do it before him, though !
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June 19, 2012, 02:07:57 PM
 #206

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Exactly ! This story is BS and this guy is just waiting to cash out when we reach $10 in Dec.

Hope I do it before him, though !

Cash out? Why would he? Start spending some of his BTC, or converting some into fiat, perhaps... but cash out makes no sense at all.

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June 19, 2012, 02:11:08 PM
 #207

Well, that was disappointing. If it's true, that is :p
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June 19, 2012, 02:25:38 PM
 #208

Just curious knightmb, to quiet all the naysayers, can you point us to the transaction of the donation to wikileaks?

oh come on, are you serious? Cut him some slack. This guy is in no position to have to prove anything. Believe what you want and give him the benefit of the doubt so he can play a "normal" part in this community again.

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June 19, 2012, 02:27:01 PM
 #209

A large portion of my past time has actually been invested in the creation of an alternate digital currency for the last few years because I always thought there was a better way to do it. So that's where I spend all my time now, at timekoin.org

Wait, this whole thing was just an advert for a Bitcoin alternative? Genius Smiley

No, bitcoin was just a market research test baloon for timekoin that accidentally got out of hand.

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June 19, 2012, 02:28:18 PM
 #210

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Exactly ! This story is BS and this guy is just waiting to cash out when we reach $10 in Dec.

Hope I do it before him, though !

Like he said before, it's his retirement funding. He's too smart to sell it for a measly $10 in crappy fiat this year.

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June 19, 2012, 04:02:36 PM
 #211

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Exactly ! This story is BS and this guy is just waiting to cash out when we reach $10 in Dec.

Hope I do it before him, though !

Like he said before, it's his retirement funding. He's too smart to sell it for a measly $10 in crappy fiat this year.

Retirement funding ?

371 000 * 10 = 3 710 000 USD would suit 3 retirements for a normal human lifetime ! Is this guy a shapeshifting alien that is going to live 300 years ?
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June 19, 2012, 04:03:17 PM
 #212

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Wikileaks seems to have received ~2989 BTC from 994 transactions to their current address.
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June 19, 2012, 04:03:59 PM
 #213

That's a nice attempt.
Either way, I'm keeping my BTC in several secure places and the wallet files I'll make sure never touch my PC for security reasons. I look at it as a retirement fund, when I finally get tired of working the 9 to 5 grind, I can tell my boss to shove it with a smile  Grin
"Just kidding; I donated it all to Wikileaks" isn't going to hold, although I do see why you would want to get all that heat off your back.

Yeah, I find it very hard to believe that he gave up that much money.

Wikileaks seems to have received ~2989 BTC from 994 transactions to their current address.
They also hand out addresses on request if you join IRC and talk to the bot.

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June 19, 2012, 04:07:57 PM
 #214

They also hand out addresses on request if you join IRC and talk to the bot.

Oh ok. Smiley Good thing. Thanks for letting me know.
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June 19, 2012, 05:40:19 PM
 #215

Just curious knightmb, to quiet all the naysayers, can you point us to the transaction of the donation to wikileaks?

oh come on, are you serious? Cut him some slack. This guy is in no position to have to prove anything. Believe what you want and give him the benefit of the doubt so he can play a "normal" part in this community again.

@ knightmb:

As much as I wish you to pursue happiness in your own chosen way, playing the "normal" part in this community is over.
With all your money and background comes a lot of power and responsibility. You can step up to it, take it in your own hands and build something meaningful, or abandon the chances destiny gave you. Its your choice. But with regards to Bitcoin things will never go back to normal for you.
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June 19, 2012, 09:14:32 PM
 #216

Just curious knightmb, to quiet all the naysayers, can you point us to the transaction of the donation to wikileaks?

oh come on, are you serious? Cut him some slack. This guy is in no position to have to prove anything. Believe what you want and give him the benefit of the doubt so he can play a "normal" part in this community again.

@ knightmb:

As much as I wish you to pursue happiness in your own chosen way, playing the "normal" part in this community is over.
With all your money and background comes a lot of power and responsibility. You can step up to it, take it in your own hands and build something meaningful, or abandon the chances destiny gave you. Its your choice. But with regards to Bitcoin things will never go back to normal for you.

Depends what normal was .... sleeping under an Interstate flyover and cradling a bottle of cheap red to sleep is normal for some folks ... before (and after?) bitcoin.

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June 21, 2012, 07:56:23 AM
 #217

wow, you just remembered him? what did trigger that memory?

This: https://bitcointalk.org/index.php?topic=87408.0
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June 21, 2012, 07:58:23 AM
 #218

Yeah, I find it very hard to believe that he gave up that much money.

Me too.
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June 21, 2012, 08:02:18 AM
 #219

knightmb,

I apologize for bringing this up, I didn't realize you did not want attention.
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June 21, 2012, 08:20:08 AM
 #220

Why 3 replies in a row, Stardust? Couldn't you just edit you 1st reply and include everything?
You can still do it now and remove the 2 other (now) useless replies

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