Topic: Roger Ver holds around 300k bitcoins worth $750 Million and wants the fork - page 4. (Read 8834 times)

Thanks for the civil reply! That is how adults should act on the internet.   To answer your questions, the number of Bitcoins I own is private,  but the MTGOX logs were leaked at some point and my entire transaction history with that exchange leaked along with it.  It showed that I only bought, never sold, and that went on for years.  My first wire to Mtgox was for $25K when they were less than $1 each.  Unfortunately Mtgox didn't credit my wire until they were over $1 each.  I suspect they actually front ran my order.   Maybe someone else can dig up the rest of those logs.   I still own millions of dollars worth of Bitcoin today. Far far more than all of my alt coin holdings combined.  That alone should be proof that I'm doing exactly what I think is best for the future of Bitcoin. This is unlike most of the core and small block supporters who came to bitcoin much later,  and don't understand the characteristics that made bitcoin come to be used as money.
By their own admission,  most of them hardly use Bitcoin at all.
https://www.youtube.com/watch?v=XdyIJ-BUPaU
https://www.youtube.com/watch?v=JarEszFY1WY
https://www.youtube.com/watch?v=qOIoWgBIpQY

So much FUD in one post!
Have you seen my tax returns? I spent close to $1M USD just on lawyers and tax accountants alone to help me file everything exactly perfectly.
I've paid the IRS millions upon millions of dollars and I've never had a "tax problem" with the IRS ever, despite having been audited numerous times.

My crime was "Dealing in Explosives WITHOUT A LICENSE".  I sold store bought fire crackers on ebay,  and my crime was doing it without the right government paperwork.  It was a politically motivated prosecution. Even while I was in prison,  the company I bought the fireworks from, and the manufacturer  were still selling them without a license.  Details here.
 

Maybe it is because Japan is a freer country than the USA,  and every convenience store in the country sells fireworks in the summer time.  Try finding that in the land of the free.

I've arguably done more to help the legal side of Bitcoin adoption than anyone else in the world.  Go and read this book for the details. Calling my thoughts "libertarian rambles" doesn't make them any less true.  Taxation is theft.  The draft is kidnapping and slavery.  War is mass murder funded by theft.  I refuse to condone any of those things.

Sounds like a bloke who would put personal gain beyond anything else.

So I take it a given that anything he does or instigates with regards to a fork is based purely on what he thinks will be best for him in the short or long run rather than him thinking what is best for the bitcoin community and the evolution of bitcoin.

Well this is going all over the place in a hurry.
I agree when he said he has a motivation to make what he has valuable.
That makes perfect sense.

I also am curious about the tax evasion comments.
I am not an expert on Taxes or worse American Tax laws.
But from what i have gathered so far is both CAN/USA have guidelines saying you must declare trading profits.
So if he bought his BTC long ago and simply held them how does he owe taxes on it ?
I think they call it capital gains.
If you send BTC to Poloniex then trade all year long and end up with 100k profit then yeah you would have to pay tax on that.
But f you simply bought or mined BTC etc long ago and never did anything with them how is it you owe ?
Is that because he let the country and doing so creates a tax penalty of sorts or what ?

I am not for or against anyone.
I also am not for or against a fork on BTC.
All i know is it needs to be fixed.. it's gotten pretty bad and damn near unusable as a currency.
and THAT is what i stand up to defend here all the time.

I have $100 in BTC and i don't care about profits.
I just want to see it succeed.

And you all keep saying what if he dumped later.. what like he wouldn't have when it hit 3k each ?

@Mr Ver.
What do you think of Craig Wright and his "I'm Satoshi" drama that pops up occasionally ?
He seems to have Vlad2Vlad convinced i think.. you know Vlad.. Mr IXC 

He's a salesman. He'll sell firecrackers to the highest bidder. I don't think he cares who loses fingers. Because principles

he's invested in so much shit over the years he won't have anywhere near that many coins any more.

i really don't understand what he's trying to achieve but it's time he went off to play with his dash. he has nothing to offer.

His name is attached to those that are trying to change the face of bitcoin but exactly what is he (or others wanting the fork) guaranteed of gaining from it? There are no guarantees except uncertainty...

Possibly and that something might not be more money. It might be that he wants BTC to remain ideologically aligned to its foundational principles. Personally it has been my observation that there's individuals that are attempting to hijack Bitcoin. This is a +$50billion industry and the new greedy whales are who we need to be wary off not people who were there from the beginning.

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I wonder how many people here have read Satoshi's white paper? I suggest go read it and come back and tell me which part of the white paper does Roger disagree with? Can we debate that instead of reading a few tweets from certain individuals and basing your position on that?

Lots of alts have had full blocks. ETH was stuffed with ICO mania for days. Roger is wrong and he's paying for it with the rest of us

Aug 1st will be an interesting date in the history of bitcoin. All this is avoidable but at the same time there is a case to make for both camps

I hope the fork happens with time reach.There may  have 2 kinds of bitcoins, one belongs to core, the other one belongs to community.

I am not sure about how much he own but at the time of article being released it mentioned he has 300k bitcoins

As highlighted by other posts here, there is a possibility that his stake has been reduced after he has invested in various other alcoin projects but that amount of 300k was in the original article:
https://www.deepdotweb.com/2017/06/16/bitcoin-imminent-fork-aftermaths/

If hard fork will happen bitcoin price will be down short term and when it get stable than new investment will start coming back to the crypto world and people will again do trading as normal and than bitcoin price will grow normally and I am sure in long run bitcoin is very strong.

But, why are you want to forking the bitcoin? and make another clone of bitcoin will be appearing such as BTU.

All of the altcoin already had the full blocks. I think that ripple can be considered as the fastest altcoin right now, even NEM too.

The problem of bitcoin just related to the actual use. 

Very interesting comments from you. Thanks for the input.

So you said you spent every penny you had buying up bitcoin in 2011. They might be around 333 bitcoin per $100 back then (give or take a few), so how many do you still hold and how many was the maximum you held before you (or if you) sold them?

How can you be sure he has that much? I think he's heavily invested in altcoins, and probably lowered a lot his position in Bitcoin, otherwise he would not be bringing so much risk to his own investment.

Such a large Bitocin Whale inevitably is going to look after his own interests. Most Whales and Elites always take advantage in a crisis. If Bitcoin forkes and all the little fish run amok and panic, what will the big whales do? Scoop up all the cheap coins and won;t even say thank you very much. They will all grow an even larger bag of Bitcoin.

agreed he can benefit after the hardfork if the price increases alot not only him it will also benifit us who use bitcoin and those who hold bitcoins and those people who want higher price of bitcoin , 300k btc is huge i wonder if he would sell it at once

It is funny that I see this about Roger Ver. I looked him up a few times when I first saw his name. He is called Bitcoin Jesus,,, or maybe he calls himself this. And now he is against Bitcoin. What does this say? He "invested" into Bitcoin, and now he has a lot of money he wants to kill it?

all this talk and drama aside, to be honest sometimes you two camps seem more like two kids pulling at a doll that each wants to play with alone.
the fear is that you are going to tear this doll apart in the end and each go play with some new dolls.

you can see the "tear" starting already...