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Topic: Anyone know what happened to knightmb and his 371,000 BTC? - page 9. (Read 81600 times)

donator
Activity: 2772
Merit: 1019
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.
donator
Activity: 2772
Merit: 1019
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.
donator
Activity: 2772
Merit: 1019
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.
cst
member
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
Well, that was disappointing. If it's true, that is :p
legendary
Activity: 1106
Merit: 1001
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.
hero member
Activity: 518
Merit: 500
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 !
hero member
Activity: 686
Merit: 500
Wat
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
full member
Activity: 238
Merit: 100
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.
.
sr. member
Activity: 295
Merit: 250
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
legendary
Activity: 1400
Merit: 1005
Just curious knightmb, to quiet all the naysayers, can you point us to the transaction of the donation to wikileaks?
hero member
Activity: 686
Merit: 500
Wat
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.

A lot of early users gave up a  lot of their bitcoins. Most of mine went to the weusecoins video for example. Maybe we just liked the idea of bitcoin more than the idea of being a tycoon Smiley
administrator
Activity: 5222
Merit: 13032
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.
hero member
Activity: 560
Merit: 501
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.
sr. member
Activity: 308
Merit: 258
Well, here goes a long spiel.

Probably the last that anyone had heard from me before a few days ago was dated September, 2011 according to my profile stats. So it has been a long time of me just lurking around from time to time.

I can't remember exactly when, but some story broke on the Internet about my bitcoin collection and shortly afterwards things got crazy.

The first thing that happened was my inbox here at the forum exploded with people asking for a loan of anywhere from 10k to 100k bitcoins to start the next big market place. I had a few people message me here that they had been burned by a hacker or some website that had their wallet information and asked for anywhere from 100 to 1k bitcoins as a way to help them recover their loss. I always wanted to help people, but there is no well to tell if these were sincere request or just someone out to make a quick bitcoin scam. Some of those I did help people I did help just to be nice, but word must have gotten around quick.

I had to step back from the forums for a while as it was a good place for people to chase me down. All the questions of what I would do with it or how did I get it, was I the one that hacked XYZ website and that's why I have so many, etc. Somewhere in this topic I think, is a another long explanation of how I came into possession of it all. Long story short, I was in bitcoin early when the network was small and basically used a lot of Amazon processing power to load up a ton of bitcoin miners all at once in their clusters (Amazon) using a custom compiled version of the CentOS bitcoind source files. Amazon had a big price difference between running a lot of windows sessions and running a lot of Linux sessions. Turns out, the Linux sessions were running kind of an old version of CentOS as well as I couldn't even get the compiled binaries to run.

Well, a lot of money was spent to generate that chunk of bitcoins, but not so I could posses it all, there were plans to use it as a backing for re-loadable credit cards like service that had bitcoin powering it in the background. Needless to say, that project fell out due to (at least in hindsight) very inept investors. The project floundered and then finally as a way to get out, they (investors) wanted to see what they could sell everything for. It had cost a lot of real money to produce that pile of bitcoins, so I ended up buying it for dirt cheap (at least in terms that bitcoins really had no value to them). Maybe after the 7 year NDS I signed expires, the world will know who it was, but for now I can't name anyone or business.

Once the market value was shooting up to space, the pile of bitcoins was worth a small fortune in theory at least.

A lot of bitcoins were spread around the community to help people at first, but it kind of got out of hand.
Ultimately, a large portion ended up being donated to wikileaks.org, so I'm certainly not the person sitting up top a large pile of bitcoins anymore. The rest went to paying off small debts and the very last of it was just recently donated to wikileaks.org again. I never had any intention of trying to crash the bitcoin market with a large sell-off as many theorized I would do. So sleep safe that there is one less person like me in the bitcoin kingdom.  Grin

So, no matter what legend has built up, nothing amazing or exciting has happened to the bitcoins I once had. No buying a Country or purchasing Islands of the sort. Just trying to help out where I could instead. The only thing I have left is old screenshots and empty wallet files now.

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

I was great to catch up with everyone though, hopefully the story wasn't too boring. Maybe not as exciting as some had hoped.
cst
member
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
I still lurk around the forums   ;)

Someone did send me a message asking to come out and say hi.  :)

When I get more time later, I'll put up a good long post about what has been going on all this time. As most can imagine, I try to avoid the the spotlight, although my name seems to come up in bitcoin articles from time to time. Overall, just like to keep my privacy. As I said though, when I get more time later I'll type up a nice long "what the heck has been going on" post.  ;D

Can't wait for that story :)
Stay safe.
legendary
Activity: 1022
Merit: 1000
I still lurk around the forums   Wink

Someone did send me a message asking to come out and say hi.  Smiley

When I get more time later, I'll put up a good long post about what has been going on all this time. As most can imagine, I try to avoid the the spotlight, although my name seems to come up in bitcoin articles from time to time. Overall, just like to keep my privacy. As I said though, when I get more time later I'll type up a nice long "what the heck has been going on" post.  Grin

Ill love to read it!
Also, stories like yours are those, that give Bitcoin a charming character.
When there are amiable tales about soldiers of fortune like you in the news,
people like to read it just for fun. So please stay on the news and spread the word as a bitcoin icon! (anonymously if you like)
hero member
Activity: 560
Merit: 501
I still lurk around the forums   Wink

Someone did send me a message asking to come out and say hi.  Smiley

When I get more time later, I'll put up a good long post about what has been going on all this time. As most can imagine, I try to avoid the the spotlight, although my name seems to come up in bitcoin articles from time to time. Overall, just like to keep my privacy. As I said though, when I get more time later I'll type up a nice long "what the heck has been going on" post.  Grin
You're probably sticking your head out more than a healthy person would, which is admirable. Stay safe!
sr. member
Activity: 308
Merit: 258
I still lurk around the forums   Wink

Someone did send me a message asking to come out and say hi.  Smiley

When I get more time later, I'll put up a good long post about what has been going on all this time. As most can imagine, I try to avoid the the spotlight, although my name seems to come up in bitcoin articles from time to time. Overall, just like to keep my privacy. As I said though, when I get more time later I'll type up a nice long "what the heck has been going on" post.  Grin
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Last Active:   June 11, 2012, 01:18:33 PM

https://bitcointalksearch.org/user/knightmb-345
Last Active:        Today at 10:34:23 AM
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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