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Showing 5 of 5 results by ricosworks
Since Bitcoin was created in 2009 there were lots of speculations about the founders. There are several versions but no one of them was ever juistified.
A possibility is, Satoshi Nakamoto is only a synonym of a group and the single person "Satoshi" never existed. They gave the name to hide their identity like Bitcoin was designed itself: a private currency sharing no information who the sender and the receiver are - just peer to peer without a middleman - without banks!
On the other hand, this forum was founded by "Satoshi" himself, his account has the user-ID number 3 and you can still read his comments!! https://bitcointalk.org/index.php?action=profile;u=3
His activity ended suddenly in December 2010 and his account never entered the forum again...
Somewhere I read an analysis about his posting activity and the time he did his posts. It is possible that he is from the American time-zone and only choose this asian name to cover his tracks, but it's also possible he's from asia now living on a different continent. There is so much space for interesting hostories and if Bitcoin will be a success history (that's very likely as it's already close to one) there will be much more versions of new details and maybe we'll discover the truth - who knows
Regarding your question: there were several people claiming to be Satoshi or "accused" of being him. I believe this is another try to make some noise.
A possibility is, Satoshi Nakamoto is only a synonym of a group and the single person "Satoshi" never existed. They gave the name to hide their identity like Bitcoin was designed itself: a private currency sharing no information who the sender and the receiver are - just peer to peer without a middleman - without banks!
On the other hand, this forum was founded by "Satoshi" himself, his account has the user-ID number 3 and you can still read his comments!! https://bitcointalk.org/index.php?action=profile;u=3
His activity ended suddenly in December 2010 and his account never entered the forum again...
Somewhere I read an analysis about his posting activity and the time he did his posts. It is possible that he is from the American time-zone and only choose this asian name to cover his tracks, but it's also possible he's from asia now living on a different continent. There is so much space for interesting hostories and if Bitcoin will be a success history (that's very likely as it's already close to one) there will be much more versions of new details and maybe we'll discover the truth - who knows
Regarding your question: there were several people claiming to be Satoshi or "accused" of being him. I believe this is another try to make some noise.
This is the truth, if people really think about it, Satoshi Nakamoto is not a single person. It is a group. Most likely, this group has lost the private keys of Satoshi Nakamoto's wallet, and they have set a goal of finding those keys. Most cryptographer and hacker cryptographers are Satoshi. They all fight for the same goal, crack the code.
As of today, they haven't succeeded. The reward for the one that succeeds is.... A lot of money. It's definitely worth the adventure.
All of the cryptographers are already rich to the point they never have to work again, and if they had to, their salary would definitely be a 6 digits if not a 7... Think about it, they rule the corporate world.
Pundi X is a high end software and hardware company. Reminds anyone of anything ?! Just to mention one of them: Apple Inc. \\ "yes it's a bold statement"
Pundi X is a high end product developer and inventors. They are lead by successful and serious management, such as "kiki" Constantin Papadimitirou, who is an important personality in the payment business (http://www.infinetworks.com/)
Pundi X's directors are extremely well connected, having NEM, E2pay, Utrust... as a partners and being actually a kind of hybrid allowing connection from the old world (VISA, MASTERCARD, CONTACTLESS) to the new world (Crypto Currencies).
As an investment, it is really difficult to say, as the market is in bear momentum, Pundi X token has surely reached a low the past week. That being said, their distribution mechanism being really generous the first year, I don't really worry about the past 3 weeks' drop.
The good thing is being able to have visibility on the project. The roadmap is clear and not so ambitious. Partnerships are taking place and there is no worry about the liquidity.
Hacks like the Coinrail hack was a huge blow to the token though, and this is a difficult episode to swallow up. This kind of event could be a valuation breaker if it were to happen again in the future.
Right now the company's market cap is close to USD 370 MI. The company has no active customers, the company hasn't installed their devices yet, but... Pundi X management is extremely smart, and their future actually doesn't rely exclusively on crypto, it is quite the opposite.
The crypto tech is actually only a shiny add-on to a high end payment device which has advertising embedded screen (HUGE). This is a leap of faith !!
If we see Pundi X being one of the 4-5 large competitors in the POS market, their valuation by 2021 should be closer to 37B than 370 M.
We are talking about a 100x sustainable valuation backed by a steady stream of income from market transactions and advertising income.
Of course, I am long Pundi X, I haven't gone all in, but invested a good part of my crypto liquidity. I might be wrong on Pundi X, but I see it as an investment as opposed to a bet.
Pundi X is a high end product developer and inventors. They are lead by successful and serious management, such as "kiki" Constantin Papadimitirou, who is an important personality in the payment business (http://www.infinetworks.com/)
Pundi X's directors are extremely well connected, having NEM, E2pay, Utrust... as a partners and being actually a kind of hybrid allowing connection from the old world (VISA, MASTERCARD, CONTACTLESS) to the new world (Crypto Currencies).
As an investment, it is really difficult to say, as the market is in bear momentum, Pundi X token has surely reached a low the past week. That being said, their distribution mechanism being really generous the first year, I don't really worry about the past 3 weeks' drop.
The good thing is being able to have visibility on the project. The roadmap is clear and not so ambitious. Partnerships are taking place and there is no worry about the liquidity.
Hacks like the Coinrail hack was a huge blow to the token though, and this is a difficult episode to swallow up. This kind of event could be a valuation breaker if it were to happen again in the future.
Right now the company's market cap is close to USD 370 MI. The company has no active customers, the company hasn't installed their devices yet, but... Pundi X management is extremely smart, and their future actually doesn't rely exclusively on crypto, it is quite the opposite.
The crypto tech is actually only a shiny add-on to a high end payment device which has advertising embedded screen (HUGE). This is a leap of faith !!
If we see Pundi X being one of the 4-5 large competitors in the POS market, their valuation by 2021 should be closer to 37B than 370 M.
We are talking about a 100x sustainable valuation backed by a steady stream of income from market transactions and advertising income.
Of course, I am long Pundi X, I haven't gone all in, but invested a good part of my crypto liquidity. I might be wrong on Pundi X, but I see it as an investment as opposed to a bet.
Re: Will bitcoin reach $100,000 dollar before the end of the year?
Bitcoin will not reach 100000 before year end, and might be battered more down to 2000 by year end. The reason is simple. Hodlers can cashout large amounts now, so the pressure is downward, not up. Or ?
I have had a great interest in Pundi X since the ICO. I believe that the project is really well built and has a great future.
First of all their POS works for all types of payment, not only crypto which gives diversification and makes it an interesting product for anyone, not only the crypto community.
Secondly, the company respects local laws in every country they operate and they strive to get local authorities approval before acting, which shows they are responsible and do care about long term goals.
Thirdly, they have an interesting fixed income of 7.5% per month for the first 6 months, and then another 2.3% for the next 12 months or so, which will probably devaluate the currency price, but who knows about the price, right ?
Finally, and most importantly, there is a lot more going to Pundi X than meets the eye. Although there has been a bad hack on the past month, called the Coinrail incident, it hasn't done much bad to the community as they manage to limit the effects by accompanying closely the incident. This showed how active the Pundi X leaders are.
For me Pundi X is a company like Apple or Google in the midst of the Dot.com bubble frenzy, a long term hold that will most probably deliver on the long term. They have the tech, the hardware and the right corporate and community culture.
Looking forward for comments.
Ricardo Mastrangelo
First of all their POS works for all types of payment, not only crypto which gives diversification and makes it an interesting product for anyone, not only the crypto community.
Secondly, the company respects local laws in every country they operate and they strive to get local authorities approval before acting, which shows they are responsible and do care about long term goals.
Thirdly, they have an interesting fixed income of 7.5% per month for the first 6 months, and then another 2.3% for the next 12 months or so, which will probably devaluate the currency price, but who knows about the price, right ?
Finally, and most importantly, there is a lot more going to Pundi X than meets the eye. Although there has been a bad hack on the past month, called the Coinrail incident, it hasn't done much bad to the community as they manage to limit the effects by accompanying closely the incident. This showed how active the Pundi X leaders are.
For me Pundi X is a company like Apple or Google in the midst of the Dot.com bubble frenzy, a long term hold that will most probably deliver on the long term. They have the tech, the hardware and the right corporate and community culture.
Looking forward for comments.
Ricardo Mastrangelo