Reuters: Our girl, Naomi O'Leary, did it.

[Phinnaeus Gage]

http://www.reuters.com/article/2012/04/01/traders-bitcoin-idUSL6E8ET5K620120401

Employees at almost all the major international banks and numerous trading and investment firms have shown interest.

[1715061115]

1715061115

[1715061115]

1715061115

[mcorlett]

Ah! I was just thinking about this.

You did well, Bruno.

[Phinnaeus Gage]

Ah! I was just thinking about this.

You did well, Bruno.

I can't believe she mentioned Atlas and Matthew. Still reading.

[Seal]

Great article...

Two questions:

1. Whos Naomi O'Leary?
2. "Zhou Tong, who is professionally advised by a forex trader and the head of a Singapore-based algorithmic trading firm, now lends his name to international slang."

Who is this head of Singapore-based algo trading firm or what is the firm?

[rjk]

Ah! I was just thinking about this.

You did well, Bruno.

I can't believe she mentioned Atlas and Matthew. Still reading.

I saw a mention of what appears to be Bigpiggy01 in there. Very interesting article.

[Eveofwar]

Ah! I was just thinking about this.

You did well, Bruno.

I can't believe she mentioned Atlas and Matthew. Still reading.

I saw a mention of what appears to be Bigpiggy01 in there. Very interesting article.

Awesome read !  They made time for a gigavps section ?!  Was a nice closure.

[Phinnaeus Gage]

Great article...

Two questions:

1. Whos Naomi O'Leary?
2. "Zhou Tong, who is professionally advised by a forex trader and the head of a Singapore-based algorithmic trading firm, now lends his name to international slang."

Who is this head of Singapore-based algo trading firm or what is the firm?

This will answer your question on who is Naomi O'Leary: https://bitcointalk.org/index.php?topic=65827.0

[gusti]

"Users can leverage their bets up to a ratio of 10:1 on Bitcoinica, meaning they can lose more than their initial investment."

Please someone explain her the leverage concept, nice article anyway. 

[guruvan]

Great article...

Two questions:

1. Whos Naomi O'Leary?
2. "Zhou Tong, who is professionally advised by a forex trader and the head of a Singapore-based algorithmic trading firm, now lends his name to international slang."

Who is this head of Singapore-based algo trading firm or what is the firm?

lulz - he's the lead dev @ Bitcoinica. Forced Liquidation on BTC/USD positions are now referred to as being "zhoutonged"

he's used the word himself. i.e. Forced Liquidation Price is "zhoutonging price"

mwahahaha!

[rjk]

Great article...

Two questions:

1. Whos Naomi O'Leary?
2. "Zhou Tong, who is professionally advised by a forex trader and the head of a Singapore-based algorithmic trading firm, now lends his name to international slang."

Who is this head of Singapore-based algo trading firm or what is the firm?

lulz - he's the lead dev @ Bitcoinica. Forced Liquidation on BTC/USD positions are now referred to as being "zhoutonged"

he's used the word himself. i.e. Forced Liquidation Price is "zhoutonging price"

mwahahaha!

Re read the quote - it says that Zhou Tong is advised by someone, and that that someone is a forex trader and head of the singaporian trading firm. Unless it was a typo on her part.

[grue]

APRIL FOOLS?

[cbeast]

A good read. Facts are fuzzy about a lot of things these days, but overall it seems to be a fair assessment.

[cunicula]

"Users can leverage their bets up to a ratio of 10:1 on Bitcoinica, meaning they can lose more than their initial investment."

Please someone explain her the leverage concept, nice article anyway. 

She is correct. Your English grammar is wrong, however.

The position is auto-liquidated when it reaches the Zhoutonging price. However, if there is insufficient liquidity to perform liquidation at the Zhoutonging price, then the liquidation price will need to go beyond this boundary. Now, when liquidation occurs, the speculator will be left with a negative balance in their account. They will owe Zhoutong money and will have lost more money than their initial investment. This is impossible without leverage.

[gusti]

"Users can leverage their bets up to a ratio of 10:1 on Bitcoinica, meaning they can lose more than their initial investment."

Please someone explain her the leverage concept, nice article anyway. 

She is correct. Your English grammar is wrong, however.

The position is auto-liquidated when it reaches the Zhoutonging price. However, if there is insufficient liquidity to perform liquidation at the Zhoutonging price, then the liquidation price will need to go beyond this boundary. Now, when liquidation occurs, the speculator will be left with a negative balance in their account. They will owe Zhoutong money and will have lost more money than their initial investment. This is impossible without leverage.

I never said my english was perfect, but surely my spanish is *far* better than yours, you grammar nazi. 
negative balance has nothing to do with leverage, if liquidity is inexistant at liquidation time, you also can go
negative with 1:1, 1:100 or whatever.

[bc]

That may be the best outsider article I've ever read about Bitcoin. She really seems to have done her homework.

Kudos to everyone who helped her.

[niko]

The Royal Canadian Mint, for example, is exploring how to issue digital currency in the future. Its chief financial officer Marc Brule said Bitcoin's biggest problem was that it is not backed by anything.

"The system we would bring in would be backed by a fund," he told Reuters.

I heard this argument before, but I don't get it. What does it mean if a currency is "backed by a fund"? A fund of what kind?

[cbeast]

The Royal Canadian Mint, for example, is exploring how to issue digital currency in the future. Its chief financial officer Marc Brule said Bitcoin's biggest problem was that it is not backed by anything.

"The system we would bring in would be backed by a fund," he told Reuters.

I heard this argument before, but I don't get it. What does it mean if a currency is "backed by a fund"? A fund of what kind?

It probably means they will scan Canadian dollars and make lots of digital jpegs. 

[bitcool]

The Royal Canadian Mint, for example, is exploring how to issue digital currency in the future. Its chief financial officer Marc Brule said Bitcoin's biggest problem was that it is not backed by anything.

"The system we would bring in would be backed by a fund," he told Reuters.

I heard this argument before, but I don't get it. What does it mean if a currency is "backed by a fund"? A fund of what kind?

Unless its CEF , the gold silver fund of Canada, otherwise its no different from any types of bank credit.

[cunicula]

I never said my english was perfect, but surely my spanish is *far* better than yours, you grammar nazi.  
negative balance has nothing to do with leverage, if liquidity is inexistant at liquidation time, you also can go
negative with 1:1, 1:100 or whatever.

Naomi is completely correct that the opportunity to leverage investments on Bitcoinica makes it possible to lose more than your initial investment.

When you borrow to buy assets, this is called leverage.

If you take a short position you have leverage. You are borrowing the currency you are shorting and the value of your debt can grow to exceed the value of your holdings. This is when forced liquidation occurs.

If you take a long position. You don't need to have leverage. You can buy the currency you are investing in. If you do this, you take on no debt and there is no way for forced liquidation to occur.

Leverage is necessary for forced liquidation to occur. To end up with a negative balance, you need to take on leverage.

If you are heavily leveraged up, then, fixing your initial investment and the degree of illiquidity when forced liquidation occurs, the size of your negative balance will be proportional to your leverage, i.e. if you leverage up 10:1 you will end up with a negative balance ten times as large.

[gusti]

I never said my english was perfect, but surely my spanish is *far* better than yours, you grammar nazi. 
negative balance has nothing to do with leverage, if liquidity is inexistant at liquidation time, you also can go
negative with 1:1, 1:100 or whatever.

When you borrow to buy assets, this is called leverage.

Sure, if you take a short position you have leverage. You are borrowing the currency you are shorting and the value of your debt can exceed your initial investment.

If you take a long position. You don't need to have leverage. You can buy the currency you are investing in (or loan this currency to the market maker), you can take on no debt and then there is no way for forced liquidation to occur. Of course you can take on leverage if you want to and then it is possible for forced liquidation to occur.

Leverage is necessary for you to end up with a negative balance because of illiquidity. If you are heavily leveraged up, then, fixing your initial investment and the degree of illiquidity when forced liquidation occurs, the size of your negative balance will be proportional to your leverage, i.e. if you leverage up 10:1 you will end up with a negative balance ten times as large.

Naomi is completely correct that the opportunity to leverage your investment on Bitcoinica makes it possible to lose more than your initial investment. This is impossible with Mt.Gox, for example, where you are only allowed to buy and sell and not to borrow.

I think you are still mistaken on what is the cause of going negative on bitcoinica. is not the leverage,
it's the illiquidity when your position is forcible closed. but that is a bitcoinica issue, not a leverage issue.
e.g. you can never ever go negative in a forex broker, even with a 400:1 leverage.

[bitcool]

Workers at Morgan Stanley and Goldman Sachs in London and New York have been visiting online Bitcoin exchanges as often as 30 times a day, according to documents seen by Reuters.

How did they find out? monitoring employee's Internet traffic? Maybe they happened to see Zhongtong adviser's traffic log  

I won't be surprised if some one says: workers at CIA visited bitcoin exchanges 30 times a day, or FBI, or IMF, or World Bank, or the Fed.... the number of employees and contractor working for these agencies is huge.

[evoorhees]

Awesome article!!! I encourage everyone to leave comments, retweet, and post that shit on facebook.

And I love that "Zhou Tonged" is now in the global vernacular. Makes me feel better that it's happened to me

[cunicula]

I think you are still mistaken on what is the cause of going negative on bitcoinica. is not the leverage,
it's the illiquidity when your position is forcible closed. but that is a bitcoinica issue, not a leverage issue.
e.g. you can never ever go negative in a forex broker, even with a 400:1 leverage.

Wrong again. You can definitely go negative with a forex broker. It just doesn't happen often because the forex markets are extremely liquid.

[Dutch Merganser]

A decent read in that it does present divergent opinions on the viability of Bitcoin and mentions the possibility of alternatives appearing. It is refreshing to see such even-handed coverage.

[Nicolai Larsen]

A really well-written article!

[kjlimo]

Users - an odd assortment of uber-geeks, anarchists, libertarians, scammers and forex traders - sent about $4.3 million worth to each other in the last 24 hours.

What supports $4.3 million worth transferring in the last 24 hours?  Is that a sum of transactions plus mtgox volume in several currencies plus maybe other exchanges?

[kjlimo]

Before disappearing as an online presence in January 2010, Nakamoto made clear his disapproval of quantitative easing measures and blamed banks for creating credit bubbles.

I thought Satoshi was last heard from in October, Nov, or Dec of 2010?  Has it been over 2 years since he disappeared?

[Technomage]

Really good article. We're starting to get positive coverage for a change. This latest article is big enough to possibly spark a new megatrend for Bitcoin but I guess we'll have to wait and see.

Good times ahead.

[paraipan]

A really well-written article!

+1 great read indeed

[gusti]

I think you are still mistaken on what is the cause of going negative on bitcoinica. is not the leverage,
it's the illiquidity when your position is forcible closed. but that is a bitcoinica issue, not a leverage issue.
e.g. you can never ever go negative in a forex broker, even with a 400:1 leverage.

Wrong again. You can definitely go negative with a forex broker. It just doesn't happen often because the forex markets are extremely liquid.

sure, that's why leverage has nothing to do with going negative if your position is closed properly,
and with enough liquidity at hand. brokers will simply not allow that, margin call will happen first.

[Phinnaeus Gage]

Before disappearing as an online presence in January 2010, Nakamoto made clear his disapproval of quantitative easing measures and blamed banks for creating credit bubbles.

I thought Satoshi was last heard from in October, Nov, or Dec of 2010?  Has it been over 2 years since he disappeared?

Yep! I think that should have been January 2011. https://bitcointalk.org/index.php?action=profile;u=3

The Royal Canadian Mint, for example, is exploring how to issue digital currency in the future. Its chief financial officer Marc Brule said Bitcoin's biggest problem was that it is not backed by anything.

"The system we would bring in would be backed by a fund," he told Reuters.

I heard this argument before, but I don't get it. What does it mean if a currency is "backed by a fund"? A fund of what kind?

A centralized fund, of course.

~Bruno~

[Vladimir]

Some simply cannot wrap their brain around of not having an "old white man" somewhere up high with a final say on anything and everything. Prisoners of the cave!

[cbeast]

Some simply cannot wrap their brain around not having an "old white man" somewhere up high having a final say on anything and everything. Prisoners of the cave!

That is why the 99% movement will fail too.

[guruvan]

I think you are still mistaken on what is the cause of going negative on bitcoinica. is not the leverage,
it's the illiquidity when your position is forcible closed. but that is a bitcoinica issue, not a leverage issue.
e.g. you can never ever go negative in a forex broker, even with a 400:1 leverage.

Wrong again. You can definitely go negative with a forex broker. It just doesn't happen often because the forex markets are extremely liquid.

sure, that's why leverage has nothing to do with going negative if your position is closed properly,
and with enough liquidity at hand. brokers will simply not allow that, margin call will happen first.

well...in an extremely illiquid environment, you could wind up with a negative balance if the price slips between the margin call and the forced liquidation time, as many who've been zhoutonged, and skipped on the debt have found out.
(but this is not the design, most of the time you'll be left with a pittance...cab fare home)

I'd be really curious to see the bitcoinica volume numbers, and how much those are affected by this article.

[Yankee (BitInstant)]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

[cypherdoc]

Zhoutonged!  who coined that?

[Phinnaeus Gage]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

[rjk]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

I wondered the same, to be honest. If anyone can get your investment back in spectacular fashion, it seems to me that Charlie is your man.

[cypherdoc]

Love the title of this thread, "Our girl" 

Go girl, go girl!

[Phinnaeus Gage]

Zhoutonged!  who coined that?

https://bitcointalk.org/index.php?topic=42267.msg595306#msg595306

[cypherdoc]

Zhoutonged!  who coined that?

https://bitcointalk.org/index.php?topic=42267.msg595306#msg595306

https://bitcointalk.org/index.php?topic=49445.0

[cypherdoc]

this is when i knew it would go viral.  Matthew!:  https://bitcointalk.org/index.php?topic=49445.msg590763#msg590763

[hazek]

Some simply cannot wrap their brain around not having an "old white man" somewhere up high having a final say on anything and everything. Prisoners of the cave!

That is why the 99% movement will fail too.

As they should. Those socialistic idiots are completely oblivious to history, completely economically illiterate and completely oblivious to the financial reality of their current lives. Good riddance.

[Phinnaeus Gage]

Zhoutonged!  who coined that?

https://bitcointalk.org/index.php?topic=42267.msg595306#msg595306

https://bitcointalk.org/index.php?topic=49445.0

Stupid me! I missed it in the title of the thread.

this is when i knew it would go viral.  Matthew!:  https://bitcointalk.org/index.php?topic=49445.msg590763#msg590763

More viral than...what was the name of that magazine again?

~Cackling Bear~

[Yankee (BitInstant)]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

[Phinnaeus Gage]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

[Yankee (BitInstant)]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

I know I know! 

Love the Ladies that Love Bitcoin

We should start a website BitcoinLadies.com

[Phinnaeus Gage]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

I know I know! 

Love the Ladies that Love Bitcoin

We should start a website BitcoinLadies.com

I already started the thread prior to you posting this. https://bitcointalk.org/index.php?topic=75063.0

[Yankee (BitInstant)]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

I know I know! 

Love the Ladies that Love Bitcoin

We should start a website BitcoinLadies.com

I already started the thread prior to you posting this. https://bitcointalk.org/index.php?topic=75063.0

We think alike, you and I

[finway]

Nice article, i'm totally surprised.

[Phinnaeus Gage]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going 

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

I know I know! 

Love the Ladies that Love Bitcoin

We should start a website BitcoinLadies.com

I already started the thread prior to you posting this. https://bitcointalk.org/index.php?topic=75063.0

We think alike, you and I

What I truly find amazing is that you own a pair of socks identical to mine.

[hazek]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

Perhaps the investors were looking for the perfect investment.

LadyBytes

Now in size=42pt. (the answer to everything)

LOL

Bruno your harsh words are what keeps me going  

To be clear, Yankee, I wasn't dissing you or your company(s).

With all these women taking advantage of Bitcoin, I can't seem to keep track of my bearings: Naomi O'Leary; Adrianne Jeffries; Allison; Mousepotato; LadyBytes.

~Bruno~

I know I know!  

Love the Ladies that Love Bitcoin

We should start a website BitcoinLadies.com

I already started the thread prior to you posting this. https://bitcointalk.org/index.php?topic=75063.0

We think alike, you and I

What I truly find amazing is that you own a pair of socks identical to mine.

Please take your romance somewhere private. KTHXBYE 

[Gabi]

A wonderful article, well written, that really explains Bitcoin.

[nathanghart]

Some simply cannot wrap their brain around of not having an "old white man" somewhere up high with a final say on anything and everything. Prisoners of the cave!

excellent Twilight Zone reference...

[Gabi]

Actually the allegory of the cave is from Plato

[nathanghart]

Actually the allegory of the cave is from Plato

Well, I got my education from American TV, what do you expect...

[bitcoinBull]

I want to marry this woman.

[Vladimir]

Actually the allegory of the cave is from Plato

Indeed. http://www.youtube.com/watch?v=LTWwY8Ok5I0 if someone would like an explanation. The best education one can get in only 140 seconds. (unless you know this already)


"This, of course, does not make the world outside of the cave any less real."

[paraipan]

Actually the allegory of the cave is from Plato

Indeed. http://www.youtube.com/watch?v=LTWwY8Ok5I0 if someone would like an explanation. The best education one can get in only 140 seconds. (unless you know this already)


"This, of course, does not make the world outside of the cave any less real."

your link has lead me to this  Philosophy and the Matrix: Return to the Source. Thanks, and i've managed to see the whole thing  

[ageisp0lis]

Before disappearing as an online presence in January 2010, Nakamoto made clear his disapproval of quantitative easing measures and blamed banks for creating credit bubbles.

I thought Satoshi was last heard from in October, Nov, or Dec of 2010?  Has it been over 2 years since he disappeared?

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

[maaku]

"Him and 3 other traders are looking to invest $300,000 in Bitcoin"

WHO are you?
WHY havent you contacted me?

I saw the same.. potential investors out there, send me an PM. I'm leading an innovative startup that's getting ready for our first round of funding. (Details in private.)

[Yankee (BitInstant)]

Before disappearing as an online presence in January 2010, Nakamoto made clear his disapproval of quantitative easing measures and blamed banks for creating credit bubbles.

I thought Satoshi was last heard from in October, Nov, or Dec of 2010?  Has it been over 2 years since he disappeared?

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

[herzmeister]

isn't it that anyone has this "alert key" who has write access to the github repository? 

[mcorlett]

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

http://bitcoinstats.com/irc/logs/2011/04/26/5#l445168

[Yankee (BitInstant)]

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

http://bitcoinstats.com/irc/logs/2011/04/26/5#l445168

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

[Phinnaeus Gage]

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

http://bitcoinstats.com/irc/logs/2011/04/26/5#l445168

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

Perhaps this on April 25th: https://bitcointalk.org/index.php?topic=5952.msg95300#msg95300

[terrytibbs]

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

If you'd like to speculate about Satoshi, please create a new thread. Let's keep this on-topic.

[Yankee (BitInstant)]

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

http://bitcoinstats.com/irc/logs/2011/04/26/5#l445168

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

Perhaps this on April 25th: https://bitcointalk.org/index.php?topic=5952.msg95300#msg95300

That explains it!

As soon as Satoshi saw Bruce was expanding, he's like screw this crap I gotta GTFO

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

If you'd like to speculate about Satoshi, please create a new thread. Let's keep this on-topic.

I wasn't speculating, I was asking. Relax

[Phinnaeus Gage]

Huffington Post ran the same story, verbatim. http://www.huffingtonpost.com/2012/04/02/bitcoin-digital-currency-traders_n_1395359.html

~Bruno~

[triplehelix]

Actually on April 26th 2011, Satoshi sent Gavin Andresen the Bitcoin "alert" key, used to control certain aspects of Bitcoin clients. That was the last known contact.

Really?

Can anyone else confirm this?

http://bitcoinstats.com/irc/logs/2011/04/26/5#l445168

Wow, the alert key gives Gavin full access to the Bitcoin project on github

So that means Satoshi is really out.

What happened in April that could have triggered Satoshi to not hold on anymore?

i thought it was right around the time it came out/was announced that gavin was giving a talk at the CIA.