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Showing 20 of 140 results by lorix
Looking at the price collapsing right now and having originally bought in at north of $900 I am knocking back some pretty heavy liquor right now, I guess the wife was right when she told me to sell this time last year. Here's to all the other wives out there that were 'right' :s
Surely I can't be the first person to think this guy has the perfect name to front their product: http://en.wikipedia.org/wiki/Trent_Reznor
But jokes aside, Trent Reznor and his group Nine Inch Nails could actually be a good match with Bitcoin. They have a history of being anti-establishment and using unconventional means to sell their albums. Several years ago they actually released one of their albums via Torrent and invited fans to pay whatever they wanted online for the tracks after they heard them.
And keep in mind this happened BEFORE Bitcoin was on the scene...!
But jokes aside, Trent Reznor and his group Nine Inch Nails could actually be a good match with Bitcoin. They have a history of being anti-establishment and using unconventional means to sell their albums. Several years ago they actually released one of their albums via Torrent and invited fans to pay whatever they wanted online for the tracks after they heard them.
And keep in mind this happened BEFORE Bitcoin was on the scene...!
Re: Track down and confront Mark Karpele's wife and kid to get some answers
you fascistic fuck. Everyone is innocent until proven guilty because you can't prove a negative you dumbass. How do we know your family didn't do it? Let's all go on a manhunt for them.
I don't see how I made myself look like a fascist. Did you even read the last paragraph of my post before you went berserker?
I thought I made it clear that I personally don't want to go after any person and I only care about the coins.
I don't really care if Karpeles himself lives a long happy life or shortly ends up in a plastic bag because that won't change my BTC balance. So, I care even less about the relatives.
I just had to make the point that people should not state as a fact that Karpeles's wife is innocent when they have zero facts about that.
Stating that Karpeles's wife is innocent is technically the same thing as stating that Karpeles is innocent. But nobody here (who whish / able to speak about it) knows that.
We have zero facts in out hands here. We are in utter darkness. We have opinions only.
And in this particular case, I wouldn't be surprised if the wife isn't entirely innocent. (I guess she more or less knew about it if her husband stole money from us and she kept enjoying the money.)
But this is just my own guess, so I tell it like that. I write down my opinion as an opinion. I don't state this as a fact and call everybody a stupid gay nazi idiot whoever points it out that I shouldn't state my own opinions as facts.
Spot on. Like I said before this is about using whatever legal options are available to us to pursue the coins and get to the truth of the matter. If she had remained in Japan by his side then there would be no need for this. But I'm sorry, the timing of her move out of the country is too convenient given the facts we do know and does warrant further investigation on that front.
The fact is if she is innocent in all this then she should have nothing to fear from an official investigation.
Re: Track down and confront Mark Karpele's wife and kid to get some answers
You are sick demented man, 80% of my crypto was in Gox, and you know what I hope for the best for Mark and to even mention his family in such a way is disgusting, they did not run the business so leave them out of everything, even legal procedures. The guy made the first Bitcoin exchange which was a huge development and without that Bitcoin had no price determining mechanism, because there wasn't really a market. He saw the price increase by an incredible amount and made mistakes, yes, but you know what, running a business is fucking hard. Imagine trying to find employees qualified to work on Bitcoin. It's not an easy task and he saw unbelievable growth and was hounded by the Feds for a bunch of bullshit. Anyone who uses a third-party to hold their coins knows they are taking a risk and with Gox that risk was apparent. If you lose coins, so long as he didn't steal them, which at this point seems very unlikely, then man up and accept the fact that YOU ignored warning signs and lost coins, because you did not want to get out when there were multiple chances.
WRONG.
Get your facts straight - MtGox was originally created by Jed McCaleb and it was he that had the vision to turn it into a Bitcoin exchange. When it started to grow too fast he decided to sell it in early 2011 to Karpeles who bought it presumably to monetize and grow. Source: http://en.wikipedia.org/wiki/Mt._Gox
Jed was smart enough to hand it over when he realized it was bigger than he could cope with. Mark on the other hand BOUGHT INTO IT with the knowledge of what it was, and as CEO he bears FULL RESPONSIBILITY for any mismanagement that went on. My issue is that his reported past history, claims of being hacked and inconsistency between his version of events and what the blockchain says gives many of the affected people reason to think there was more going on than we are being told here.
You can't tell me that you wouldn't look at every possible option available to you if you lost a life changing amount of BTC on an exchange you were repeatedly assured was "safe".
Or would you?
Re: Track down and confront Mark Karpele's wife and kid to get some answers
Topic of this thread is stupid. His family has nothing to do with it.
The topic scared me a little bit since it seems like an illegal manhunt but if you think about it, knowing where his family live can help locate him in case he flees
That's the point. I'm not suggesting a illegal mob with pitchforks approach but rather use whatever legal options are available to apply pressure where it may be most effective. There have been examples in the past of people transferring assets and property into the name of spouses and children to try and circumvent proceedings so everything should be considered here. Especially in light of the fact (according to the article) that they moved countries just before the situation at Gox started to be revealed.
Go after his family with the hard questions, keep the legal pressure on and don't let up. With the amount of missing money involved, the excuses and the blockchain facts that contradict them this may be the best way to shake the truth loose.
Re: Track down and confront Mark Karpele's wife and kid to get some answers
Further to this, if her location in Canada is known it might be worth tracking her down to try and get some answers via whatever legal process is available there.
If anything this might help flush Mark out from wherever he is holed up.
If anything this might help flush Mark out from wherever he is holed up.
Annnnnd suddenly the missing coins (look likely to) appear..... https://bitcointalk.org/index.php?topic=530248.0
Coincidence?
Coincidence?
Somebody has to learn how to catch these bitcoin thiefs sometime soon or confidence in Bitcoin will eventualy fade. Seems Bitcoin theft is the safest form of crime nowadays. I've even run across a few articles on how to steal bitcoins and an industry is growing around laundering bitcoins.
I know the feeling, I've been ripped off before to the tune of 5 BTC myself, in that case it was a scam 12 month hosted mining deal where I got a couple of days of mining out of them before they vanished. I've had many thoughts about how I might track them down and where they might be located.
At the end of the day though you have to ask yourself - what would you do if you did find the thief?
Let's say you managed to track your thief down to a name and home address, and for the point of this argument let's say he lived only a couple of hours away from you.
Now what? I doubt the police would consider blockchain data as evidence so unless you were prepared to take matters into your own hand where does it really leave you?
tl;dr version: Did Gox allow preferred clients to keep shared private keys to BTC on the exchange, which allowed them to independently move their funds out?
I do not know. However, if Gox did make that accommodation, then it would be smart for any such clients to expeditiously move their funds to wallets that Gox holds no control over, as soon as they learned of any financial troubles or probable failure of Gox.If such 'whales' were not willing to trust Gox sufficiently to deposit their BTC with Gox in a manner that they would lose all direct control over them, then for sure they should not trust Gox now not to yank the coins out of the shared wallet into a Gox trustee-controlled wallet, in order to pay other creditors and fund Gox's rehabiliation.
Then there is the question of "ownership" of said coins and whether they can be considered part of the bankruptcy proceedings.
If both Gox and the Whales had access to the same key, isn't that more akin to having your bank account linked up to a trading account - until Gox actually draws on those particular funds they might not be considered under their exclusive control.
Still, if true the idea that a select few had privileged access to private keys and were free to move their funds out while everyone else got suspended is reprehensible.
Just playing devil's advocate, but how do you know that the 2011 movements weren't a withdrawal from mtGox that went into someone else's non-mtGox cold storage?
There are about 150k coins that caused the feb 6th spike in bitcoin days destroyed. It's a single owner and close to mtgox. It's either McCaleb or gox. I'm thinking it's McCaleb and it could be that he was trying to save the coins from bankruptcy. This has to be investigated.
And if found true it could point at insider trading.
There is another possibility here that could explain some of coin movements people have been observing as of late.
It stands to reason that even in MtGox's heyday holders of large amounts of BTC would be hesitant to leave their BTC under the complete control of MtGox, but still wanted access to the trading platform without having to move large amounts of coin back and forth. At the same time Gox - like any business that has preferred customers - would have wanted to accommodate these "whales" to keep their business.
Is it outside the realm of possibility that Gox held the funds of "whales" on their system in wallets whose private keys were shared with the account holder, unlike the regular pleb users who they didn't?
They could have broken it up into multiple wallets for all we know, but the point is that the "whales" retained direct access to their funds and could have moved them out at any time regardless of what was going on at MtGox at the time.
tl;dr version: Did Gox allow preferred clients to keep shared private keys to BTC on the exchange, which allowed them to independently move their funds out?
It stands to reason that even in MtGox's heyday holders of large amounts of BTC would be hesitant to leave their BTC under the complete control of MtGox, but still wanted access to the trading platform without having to move large amounts of coin back and forth. At the same time Gox - like any business that has preferred customers - would have wanted to accommodate these "whales" to keep their business.
Is it outside the realm of possibility that Gox held the funds of "whales" on their system in wallets whose private keys were shared with the account holder, unlike the regular pleb users who they didn't?
They could have broken it up into multiple wallets for all we know, but the point is that the "whales" retained direct access to their funds and could have moved them out at any time regardless of what was going on at MtGox at the time.
tl;dr version: Did Gox allow preferred clients to keep shared private keys to BTC on the exchange, which allowed them to independently move their funds out?
Track down and confront Mark Karpele's wife and kid to get some answers
I can't read Japanese so have to rely on Google translate, but the gist I'm getting on this article's second page is Mark got them out of the country in January before things hit the proverbial fan:
http://gendai.net/articles/view/newsx/148396
Can anyone say "flight risk" ?
http://gendai.net/articles/view/newsx/148396
Can anyone say "flight risk" ?
Wait people like him take vacations? I am an entrepreneur and I rather be hustling, you have plenty of time to vacation when you are 90 LOL
His family probably staged another intervention....
Does the 200K BTC discovery by MtGox affect it's bankruptcy protection?
Hopefully someone with knowledge of legal precedents can respond to this question:
With the "convenient" discovery of 200,000 BTC in a "previously forgotten" wallet by MtGox, does this affect the status of their current bankruptcy protection ruling in Japan, USA and anywhere else they might have one?
Could there have been a perverse incentive to secure a bankruptcy protection ruling based on the claimed total loss of funds and then suddenly "discover" a portion of the missing funds later?
With the "convenient" discovery of 200,000 BTC in a "previously forgotten" wallet by MtGox, does this affect the status of their current bankruptcy protection ruling in Japan, USA and anywhere else they might have one?
Could there have been a perverse incentive to secure a bankruptcy protection ruling based on the claimed total loss of funds and then suddenly "discover" a portion of the missing funds later?
Looks like our favorite Bitcoin commentator is putting himself into cold storage for a week:
https://twitter.com/aantonop/status/447102361815617536
Having done the same sort of thing myself I know a lot can happen in a Bitcoin week so it should be interesting how someone like him handles it!
Have a nice break Andreas!
https://twitter.com/aantonop/status/447102361815617536
Having done the same sort of thing myself I know a lot can happen in a Bitcoin week so it should be interesting how someone like him handles it!
Have a nice break Andreas!
Re: FINALLY! A simple bitcoin wallet for iOS, that works. I got the Pheeva!
Trust no one.
Agreed, however this was covered as a legitimate project on the Let's Talk Bitcoin podcast - http://letstalkbitcoin.com/tag/pheeva-hot-wallet/
The LTB crowd normally do their homework on anything they cover so in my view this does warrant a closer look.
Is there a way to compress the blockchain file size ?
If you have a read of this there are some approaches underway in the current release to reduce the Blockchain size, or at least mitigating the problem in the anticipated future use of the Blockchain for things like data storage:
http://bitcoinexaminer.org/gavin-andresen-talks-about-the-0-9-release-what-is-finished-and-what-still-needs-to-be-done/
We don't want to carry around the entire Blockchain everywhere we go so it makes sense for a more streamlined approach to be taken. I think the section about "Provably Prunable" outputs is the relevant part here involved with reducing cockchain overhead. Other projects like Mastercoin which ride on top of the Blockchain also deal with some of this too.
Regardless, it's an evolving technology and the market will decide on the best approach and trade-off between functionality, size and performance.
lol idiots spending bitcoins, u think u r hip and trendy when u do it, what advantage did u get other than feeling geeky nerdy and delusional self satisfaction.
How about respect and support for a business bold enough to pioneer the adoption of Bitcoin as a mainstream payment method in my local community.
Or put it this way - that coin you created - SUPERCOIN - https://bitcointalk.org/index.php?topic=397562.msg4292711
So based on your logic anyone wanting to adopt that coin who thinks they are hip and trendy but are really just deluding themselves as well?
Just because something isn't your idea doesn't make it any less valid. We are all in this together and should be showing support for each other.