He's not doing a very good job if he's letting us know in advance...
Plausible deniability.
I don't think those words mean what you think they mean.
Topic: Guy admits it is his job to destroy Bitcoin. - page 3. (Read 9199 times)
Plausible deniability.
I don't think those words mean what you think they mean.
He's not doing a very good job if he's letting us know in advance...
Plausible deniability.
I don't think those words mean what you think they mean.
Who could possibly want to hurt Bitcoin?
The Establishment, FED, all world's governments, all banks, PayPal and so on...
Haha…funny! Someone is yanking your chain. 
If the banking industry is really that worried about bitcoin, my advice is to cash out your 401k's your IRA's and buy gold, silver, bitcoins, toilet paper, land, guns and just about anything else you can get your hands on because the financial system is in far worse shape that anyone can imagine. One small puff and the whole house of cards is likely to blow away.
If you are part of an organization whose mission it is to destroy bitcoin, my advice to you is to take the opportunity to skim a few bitcoins off the top for yourself. You are in a unique position to be trading with someone else's money and could easily and anonymously trade against them. You won't be sorry you did.
If the banking industry is really that worried about bitcoin, my advice is to cash out your 401k's your IRA's and buy gold, silver, bitcoins, toilet paper, land, guns and just about anything else you can get your hands on because the financial system is in far worse shape that anyone can imagine. One small puff and the whole house of cards is likely to blow away.
If you are part of an organization whose mission it is to destroy bitcoin, my advice to you is to take the opportunity to skim a few bitcoins off the top for yourself. You are in a unique position to be trading with someone else's money and could easily and anonymously trade against them. You won't be sorry you did.
Who could possibly want to hurt Bitcoin?
You cant drive price down without driving it up first. The idea is ludicrous "lets buy a million bitcoin so we can sell them later and crash the exchange rate ". Yeah that works 
Only a small portion of the Bitcoin pie is traded on the exchange. If a large chunk (say $500k) is used just for manipulation, it manipulates the whole currency worth over $10 million.
Fear makes the world go round. (...) However, for the men who sober themselves from its grasp, nothing can stop them.
Strong agree.
Look around, idiotic panic driving irrational decisions everywhere. Even inside Bitcoin now. "Speculators" screaming like babies or flaming like idiots just because there was a crash. These people are irrelevant, they won't move a thing anyways. Just pawns on the board.
Politicians and their string puppets are nothing but manifestations of all these fears and "easy" ideas. Come on, some troll with a mission to destroy Bitcoin? He succeeded in his mission to have his own thread here, I give him that.
Nothing like a healthy dose of FUD
Fear makes the world go round. It keeps you from losing your virginity and killing the kids down the street. It's what allows the few to control the many. As for the men who sober themselves from its grasp, nothing can stop them. A lack of fear is what separates the men from the boys.
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Bitcoinica usually something wonderful. I doubted, wealth creation before, but assume an increasingly popular coin seems Bitcoin, Bitcoinica will keep the price nice and stable, with a lovely pool of skeptics. A tool Zhou and my deepest condolences. Pharmacy online buy new drugs cheap
Nothing like a healthy dose of FUD
Bitcoinica is generally a wonderful thing. I've doubted its wealth creation before but assuming Bitcoin ever becomes the popular currency it deserves to be, Bitcoinica is going to keep the price nice and stable with a lovely pool of doubters. Quite a tool and Zhou has my reverence.
but they could use 5:1 leverage on Bitcoinica.
It doesnt matter. Its easy enough to achieve short time price spikes or drops (particularly after you spiked it) if you throw enough money at it, but no amount of money is going to keep the price down. The only thing that can keep the price down is lack of demand. You cant buy lack of demand
. 
Guys,
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
Discussed extensively here: https://bitcointalksearch.org/topic/microsoft-researchers-suggest-method-to-improve-bitcoin-transaction-propagation-51712
Guys,
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
Honestly - i think what they propose is that you should get a reward for letting your client app running?
Reasoning is that if you don't get a reward for it why should you? And if your not online with your client
app the network is weak ......
To me this is anything but 'devastating' - more like a 'consultant' type buisnessperson said: We make it
more efficient so buy my solution or it is devastating for you.
You cant drive price down without driving it up first. The idea is ludicrous "lets buy a million bitcoin so we can sell them later and crash the exchange rate ". Yeah that works
but they could use 5:1 leverage on Bitcoinica. i've always been against short selling BTC at such a young stage. too vulnerable.
He's not doing a very good job if he's letting us know in advance...
some ppl just can't help attracting attention to themselves. i would take this guy seriously. this has always been my contention.
Bring it on, if bitcoin isn't resistant to all kinds of attacks then there's no point in it existing, and we can all go back to using scam money.
If it's true, I would take it as nothing more than a compliment.
Guys,
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
What about this:
'Devastating' protocol flaw could paralyze Bitcoin system:
http://www.theregister.co.uk/2011/11/15/bitcoin_flaw/ ?
Best,
Thiago
Unfortunately, Gandhi seems to have been wrong with the "winning" part on all too many instances of the past, otherwise we'd already see a much better world today.
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