Atlantis down? | Bitcointalksearch.org

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: niko on October 02, 2013, 03:24:21 PM

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (~~they seem to be nice folks~~, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

EDIT - in the light of revelations from the FBI files, the chief operator of SR was a total ass. Murder-for-hire level ass. Just saying. He had all these memorable quotes, all while being a total ass. Not as bad, deceptive, and murderous as a typical president of his country, but still.

I don't find anything at the FBI website...

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (~~they seem to be nice folks~~, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

EDIT - in the light of revelations from the FBI files, the chief operator of SR was a total ass. Murder-for-hire level ass. Just saying. He had all these memorable quotes, all while being a total ass. Not as bad, deceptive, and murderous as a typical president of his country, but still.

utarinues

member

Activity: 114

Merit: 10

Quote from: b!z on September 28, 2013, 01:37:45 AM

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

But that is too much effort, and they even risk losing their existing customers. It is illegal, anyways so i do not think it is a good idea.

Do you think they would care it is illegal?

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

But that is too much effort, and they even risk losing their existing customers. It is illegal, anyways so i do not think it is a good idea.

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: bumpk1nK on September 27, 2013, 04:43:53 PM

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

Is there any way how often this market strategy can be executed, I mean for optimal profit?

Yes, however the equation is a trade secret. It's based in quantum mechano-economics. If it were revealed to the public, it would quit working.

millsdmb

sr. member

Activity: 322

Merit: 250

im laughing at the question because if anyone knew who they were they wouldn't be ~~running~~ swindling Atlantis. Not everyone is edward snowden. The assholes who ran atl used cryptocat for an interview when the people who wrote it dont even claim to have a full grasp on crypto, of course someone found a vuln which was patched but not without the dev of cryptocat getting a severe lyrical asswhooping by the guy who found the hole. I'll dig for sources and update this post momentarily. Its pretty interesting stuff.

xsfgsdrwe

newbie

Activity: 56

Merit: 0

Well I didn't lose any money through them so I find it amusing you guys are laughing about it.

millsdmb

sr. member

Activity: 322

Merit: 250

Quote from: xsfgsdrwe on September 27, 2013, 05:35:02 PM

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

xsfgsdrwe

newbie

Activity: 56

Merit: 0

Quote from: t3xasdolly on September 27, 2013, 05:39:43 PM

Quote from: xsfgsdrwe on September 27, 2013, 05:35:02 PM

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

LTC are just tokens

Does the same go for quarters?

t3xasdolly

full member

Activity: 131

Merit: 100

Quote from: xsfgsdrwe on September 27, 2013, 05:35:02 PM

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

LTC are just tokens

xsfgsdrwe

newbie

Activity: 56

Merit: 0

Is the owners personal information known? How can they shut down without allowing people to withdraw and not be sued?

bumpk1nK

sr. member

Activity: 265

Merit: 250

Quote from: niko on September 27, 2013, 01:20:15 PM

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

Is there any way how often this market strategy can be executed, I mean for optimal profit?

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Quote from: greyhawk on September 27, 2013, 10:54:55 AM

Quote from: poewerden on September 27, 2013, 10:04:48 AM

Quote from: nobbynobbynoob on September 25, 2013, 07:36:50 PM

Quote from: lindeanin on September 25, 2013, 06:28:46 PM

LTC RIP due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?

It is the Shol'va to BTCs Goa'uld.

HAHAAH!

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Just an excercise in free and anonymous market strategies:

If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.

millsdmb

sr. member

Activity: 322

Merit: 250

Quote from: poewerden on September 27, 2013, 10:04:48 AM

Quote from: nobbynobbynoob on September 25, 2013, 07:36:50 PM

Quote from: lindeanin on September 25, 2013, 06:28:46 PM

LTC RIP due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?

buying BTC

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: poewerden on September 27, 2013, 10:04:48 AM

Quote from: nobbynobbynoob on September 25, 2013, 07:36:50 PM

Quote from: lindeanin on September 25, 2013, 06:28:46 PM

LTC RIP due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?

It is the Shol'va to BTCs Goa'uld.

poewerden

full member

Activity: 125

Merit: 100

Quote from: nobbynobbynoob on September 25, 2013, 07:36:50 PM

Quote from: lindeanin on September 25, 2013, 06:28:46 PM

LTC RIP due to Atlantis shutdown?

Nah, it wasn't Atlantis that drove LTC price above BTC0,01, though it played a part. General speculation, particularly over Mt Gox trading LTC with its new engine, probably drove it a lot more. I don't think that's the end of Litecoin, any more than SR closing would signal the end of Bitcoin.

But what is the LTC good for now?

smoothie

legendary

Activity: 2492

Merit: 1473