Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28974. (Read 26611230 times)

source??

Surely we can agree that a one paragraph statement is not at all equivalent to an audit report? All it shows is they did an exercise to prove there's a certain number of BTC held at Bitstamp, which is arguably far more than most exchanges provide, but it's far short of an audit report.

At a minimum it'd be nice to see report attached to a balance sheet listing customer assets and liabilities (BTC and fiat) stating the auditors have verified it is correct.

LMAO 

An audit validates a financial statement.  Where is that statement?

To prove solvency, an exchange must basically show that (A+B)-(X+Y) is positive, or at least not too negative; where A and B its assets in BTC and national currencies, X and Y are the client account balances in BTC and national currencies, say converted at current prices; or, better than A-X is not negative, AND B-Y is not negative. (The math should include all assets and debts, including bank loans, but let's simplify for this discussion).

By moving the coins, Bitstamp "proved" that (in december) A = 194,933 BTC.  (It did not prove such thing actually; do I need to tell you why? But let's pretend it did.)

The letter from the auditor says that A-X is positive.  How did they get X?

When Antonopoulos "audited" Coinbase, he used the value of X that Coinbase gave him. (That is what I understood, and I cannot imagine how he could have got it except through them.  Correct me if I am wrong.)   

I have seen some audit reports before, including from the "inside", and I think I can tell when they are stretching the words to cover the holes.  What I read in that terse letter is that they verified A as above, but (like Antonopoulos) they trusted the value of X that Bitstamp provided them. 

The letter does not mention B and Y.

He denied he created Bitcoin.

LET SATOSHI HAVE A FREE LUNCH PLZ!!

Well he just denied being the creator of Bitcoin!

OK so #nakamoto DENIES being the the creator of #bitcoin. Yes, DENIED.

A multimillionaire who is eager to get a free lunch?  

Dozens of reporters camping in front of his house and than chasing him through the city in cars. This is huge news and that AP guy who was promised interview is going to get nice bonus this month.

https://twitter.com/JoeBelBruno

what you think the satoshi chase looks like https://www.youtube.com/watch?v=P-5pPEq7O4k

what it really looks like https://www.youtube.com/watch?v=cXpnUndjap4

Might have to do with less than 15 million on Stamp's book. https://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp

Too bad thats not true. Its barely news.

Let's go down the rabbit hole a bit, shall we? Far enough that we can't climb back out. Have a couple shots of Jagermeister and let this flow over you...

1) The image you posted has SN written as "Dorian S. Nakamto 'shaver'" -- Satoshi is also evil mastermind Trendon Shavers!
2) More interesting fully confirmed evidence: Newsweek says SN's name is Dorian Prentice Satoshi Nakamoto. Dorian PRentice. DPR. Satoshi ran Silk Road.
3) In Japan, Satoshi Nakamoto would be Nakamoto SAtoshi: NSA
4) Nakamoto's brother says Satoshi worked on secret government projects.
5) Revealing anagram for "Satoshi Nakamoto" is "anatomist hookas" -- quite obviously he was interested in the science behind drug paraphernalia and impacts on the body

Satoshi Nakamoto is a retired government agent who headed up the Bitcoin project for NSA, pulled the pirateat40 scam, ran Silk Road, and goodness only knows what horrors he may be perpetrating in the toy train community. Of course this means Ross Ulbricht must be a patsy. I have double-checked this conspiracy theory three times and cannot find a hole in it.

All buy orders removed!

Asociated Press I guess.

I never used double space. But I suspect there was a time when I didn't even use single space.

what is AP?

Straight to AP bureau.

Ladies and gentleman, it's him, and we'll hear some news soon.

CCMF 

So will BTC be on the cover of the next Newsweek?

satoshi got heat