Bitcoin Forum
November 19, 2017, 03:47:16 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What if the spike is Sonny and Josh hiding their dollars?  (Read 1147 times)
sgbett
Legendary
*
Offline Offline

Activity: 1498



View Profile
September 23, 2014, 09:08:19 PM
 #1

Just a crazy idea that hit me out of left field. Sorry about that. I'll get my coat.

Full Node: http://46.51.193.129 (BU) || http://haschinabannedbitcoin.com
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
1511106436
Hero Member
*
Offline Offline

Posts: 1511106436

View Profile Personal Message (Offline)

Ignore
1511106436
Reply with quote  #2

1511106436
Report to moderator
1511106436
Hero Member
*
Offline Offline

Posts: 1511106436

View Profile Personal Message (Offline)

Ignore
1511106436
Reply with quote  #2

1511106436
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511106436
Hero Member
*
Offline Offline

Posts: 1511106436

View Profile Personal Message (Offline)

Ignore
1511106436
Reply with quote  #2

1511106436
Report to moderator
1511106436
Hero Member
*
Offline Offline

Posts: 1511106436

View Profile Personal Message (Offline)

Ignore
1511106436
Reply with quote  #2

1511106436
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 23, 2014, 09:10:31 PM
 #2

well done.  we've gotten so used to the "dumping their Bitcoin" meme that maybe we've forgotten we're on the verge of a new paradigm.
bassclef
Hero Member
*****
Offline Offline

Activity: 910



View Profile
September 23, 2014, 09:10:53 PM
 #3

Not unlikely considering Sonny's sordid past, and his ability to hide money from the feds. This + Paypal news + BFL being shut down is a quite a bullish storm, though.
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008


Making money since I was in the womb! @emc2whale


View Profile
September 23, 2014, 09:11:56 PM
 #4

Of course they are.. Just like Ross Ulbricht, Mark Karples and Trendon Shavers.

This is BTC we're talking about.

LMAO

 Grin
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218


Michael, send me some coins before I hitman you


View Profile
September 23, 2014, 09:12:29 PM
 #5

Cheesy

USD market is so sprawling and cash so easy to lose, nobody's able to really account for that kind of stuff. Idunno which company holds the largest USD reserves, but I'd be surprised if it didn't make Satoshi's stash in USD FMV look like peanuts... and they can dump that on the market whenever they want...!

Don't mix your coins someone said isn't legal
Torque
Legendary
*
Offline Offline

Activity: 1260



View Profile
September 23, 2014, 09:16:12 PM
 #6

If so they would be stupid to use bitcoin, still traceable.  

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol
bassclef
Hero Member
*****
Offline Offline

Activity: 910



View Profile
September 23, 2014, 09:22:15 PM
 #7

If so they would be stupid to use bitcoin, still traceable. 

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol

You could send btc to btc-e, buy ltc, buy btc again, transfer to new address. Good luck tracing that.
gogxmagog
Legendary
*
Offline Offline

Activity: 1190


Soylent, Vape & Sleep Deprivation; Analog Life


View Profile
September 23, 2014, 09:51:49 PM
 #8

I'm sure they have been expecting this day and already have their tumbled coins stashed where no one will ever find. I want to see bfl josh hand the court one twenty five cent piece when they order him to pay up. Lawl!!!

Sig This
Odalv
Legendary
*
Offline Offline

Activity: 1260



View Profile
September 23, 2014, 10:07:26 PM
 #9

If so they would be stupid to use bitcoin, still traceable. 

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol

You could send btc to btc-e, buy ltc, buy btc again, transfer to new address. Good luck tracing that.
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218


Michael, send me some coins before I hitman you


View Profile
September 23, 2014, 10:12:44 PM
 #10

If so they would be stupid to use bitcoin, still traceable. 

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol

You could send btc to btc-e, buy ltc, buy btc again, transfer to new address. Good luck tracing that.
Unless I'm mistaken, BTC-e is at least slightly concerned with operating within government laws and probably has information a government bureaucracy would find very interesting and which is reported straight to government agencies regularly and without a warrant. The whole process needs to be stricken and rewritten. ETA: -Errr, or maybe I'm wrong. I forget everywhere is not the US and I'm unsure if BTC-e even serves US customers while also being unsure of which governments claim jurisdiction over them and what those relevant laws'd be.

Don't mix your coins someone said isn't legal
Odalv
Legendary
*
Offline Offline

Activity: 1260



View Profile
September 23, 2014, 10:57:40 PM
 #11

If so they would be stupid to use bitcoin, still traceable. 

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol

You could send btc to btc-e, buy ltc, buy btc again, transfer to new address. Good luck tracing that.
Unless I'm mistaken, BTC-e is at least slightly concerned with operating within government laws and probably has information a government bureaucracy would find very interesting and which is reported straight to government agencies regularly and without a warrant. The whole process needs to be stricken and rewritten. ETA: -Errr, or maybe I'm wrong. I forget everywhere is not the US and I'm unsure if BTC-e even serves US customers while also being unsure of which governments claim jurisdiction over them and what those relevant laws'd be.

I do no have account at BTC-e.
IFAIK
a) you do not have to KYC/AML if you are only using cryptocurrency (no bank transfers) ... you can have anonymous account.
b) you do not have to buy ltc, buy btc again in case you are mixing bitcoins. => It is same without selling and buying back. (does not mean perfect anonymity)
An amorous cow-herder
Sr. Member
****
Offline Offline

Activity: 322


View Profile
September 24, 2014, 07:46:03 PM
 #12

Just a crazy idea that hit me out of left field. Sorry about that. I'll get my coat.
If it comforts you. You werent the only one asking yourself that question.
bassclef
Hero Member
*****
Offline Offline

Activity: 910



View Profile
September 24, 2014, 08:49:48 PM
 #13

If so they would be stupid to use bitcoin, still traceable. 

Maybe one of the dozen or so anon coins?  Monero, anyone?  lol

You could send btc to btc-e, buy ltc, buy btc again, transfer to new address. Good luck tracing that.
Unless I'm mistaken, BTC-e is at least slightly concerned with operating within government laws and probably has information a government bureaucracy would find very interesting and which is reported straight to government agencies regularly and without a warrant. The whole process needs to be stricken and rewritten. ETA: -Errr, or maybe I'm wrong. I forget everywhere is not the US and I'm unsure if BTC-e even serves US customers while also being unsure of which governments claim jurisdiction over them and what those relevant laws'd be.

I do no have account at BTC-e.
IFAIK
a) you do not have to KYC/AML if you are only using cryptocurrency (no bank transfers) ... you can have anonymous account.
b) you do not have to buy ltc, buy btc again in case you are mixing bitcoins. => It is same without selling and buying back. (does not mean perfect anonymity)

I thought it might add an extra layer of plausible deniability "just in case." But no, not completely necessary. In the future, if crypto continues to gain value, early adopters might be a target for tax authorities. And anyone posting here, now, counts as an early adopter. Can't be too careful.
Pages: [1]
  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!