Topic: I'm Kevin, here's my side. - page 3. (Read 258614 times)
Very interesting read especially given recent developments.
Nothing was premined. Nakamoto might actually have 1 Million BTC, or that might be someone else. But I know that there was no premining. I was here well before the 1 millionth BTC was mined, and I did some of it myself. Kindly stop spreading bullshit.
There was no "pre-mine" but someone ended up with a wallet with 1 million coins. I'll draw my conclusions, thanks.
True, but you've got to remember that in the beginning of Bitcoin it didn't hold value beyond mathematical curiosity. There is an interesting read here into a cryptoforensic analysis of the early blockchain and the "ExtraNonce" data:
http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
Long story short - when he kicked it off he had to set up something to do the mining as that is what drives the transaction processing until other people started doing it to share the load. It's kind of like when downloading torrents and you are the only seed - until other people join in and there are enough doing it to keep it running as people come and go online. There is speculation that Satoshi may have just set this early miner up as a background "dumb process" to keep the network going in those early days and didn't bother to even track or keep any of the coins. After all, it had no value at that time and who could have predicted it.
I wonder what the reaction would be today in 2014 if the same situation happened with the same amount of BTC involved?
Basically pretty much the same I guess; a lot of Anger and a lot of rage by jealous people. 
I wonder what the reaction would be today in 2014 if the same situation happened with the same amount of BTC involved?
How would he have ever been able to withdraw these into fiat anyways?
How much did Kevin make on transaction?
Nothing was premined. Nakamoto might actually have 1 Million BTC, or that might be someone else. But I know that there was no premining. I was here well before the 1 millionth BTC was mined, and I did some of it myself. Kindly stop spreading bullshit.
There was no "pre-mine" but someone ended up with a wallet with 1 million coins. I'll draw my conclusions, thanks.
There's no winner in this argument... You found a flaw, and took advantage of it. And Mt.Gox did what any normal business would do, and that is to try and keep ALL the customers happy. Doesn't matter anymore though since this forum post is so old.
I was all like "well, you were using Gox." Then I noticed the date.
This is way old news, remains of the hot Summer 2011 and the bitcoin bubble. $3 to $32 and back to $3.
I was all like "well, you were using Gox." Then I noticed the date.
I can second that. I was here way before there were 1 million coins too and also mined some myself.
I think its funny when it is like 20% of bitcoins were premined
The Verge reported earlier this year that Satoshi Nakamoto, the Bitcoin network’s mysterious founder, has an address with over one million bitcoins.
http://www.theverge.com/2013/5/6/4295028/report-satoshi-nakamoto
https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The Verge reported earlier this year that Satoshi Nakamoto, the Bitcoin network’s mysterious founder, has an address with over one million bitcoins.
http://www.theverge.com/2013/5/6/4295028/report-satoshi-nakamoto
https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
Nothing was premined. Nakamoto might actually have 1 Million BTC, or that might be someone else. But I know that there was no premining. I was here well before the 1 millionth BTC was mined, and I did some of it myself. Kindly stop spreading bullshit.
So how's Kevin doing?
did he ever give the money back?
and what about the man who had so much bitcoins on just one mtgox account? maybe the second secret stash of nakamoto?
"Note that from the 1,814,400 BTC awarded, 1,148,800 BTC has never been spent (63%).
As of October 2012.I suppose (but have not checked it yet) that these are exactly the segments that belong to the mystery entity,"
I think its funny when it is like 20% of bitcoins were premined
The Verge reported earlier this year that Satoshi Nakamoto, the Bitcoin network’s mysterious founder, has an address with over one million bitcoins.
http://www.theverge.com/2013/5/6/4295028/report-satoshi-nakamoto
https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
So how's Kevin doing?
did he ever give the money back?
So how's Kevin doing?
interesting read anyway
the guy is 4 million dollars richer! 
He's not. They took his money back, since he didn't get them legitimately.
how did they get his money back?
.... he never really "had" it ... like all those people with bitcoins in Mt. Gox, they only have an entry in a spreadsheet ... Mt. Gox holds the priv. keys itself.
"You can;t sell what you don't own", is made real by bitcoin, but so few chose to really use it.
the guy is 4 million dollars richer!
He's not. They took his money back, since he didn't get them legitimately.
how did they get his money back?
the guy is 4 million dollars richer!
He's not. They took his money back, since he didn't get them legitimately.
I vote we do a rollback. Everyone, get ready...
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