They moved all their servers without a trading halt?
Their offices are only small in a general block of offices. Id imagine its hosted off site...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29524. (Read 26608850 times)
February 19, 2014, 04:48:16 AM
Their offices are only small in a general block of offices. Id imagine its hosted off site...
February 19, 2014, 04:47:27 AM
Well, you don't usually move address if you are insolvent, so either downsizing or upsizing.
They are just triying to avoid the protests at their doors. In a desperate way.
February 19, 2014, 04:46:06 AM
They moved all their servers without a trading halt?
February 19, 2014, 04:41:13 AM
February 19, 2014, 04:38:51 AM
Yep, but I wouldn't hold your breath.
Would be awesome if they just dropped it out the blue
Would be awesome if they just dropped it out the blue
February 19, 2014, 04:33:39 AM
technically they've said "Thursday at the latest", so we could expect an update any second now, right?
February 19, 2014, 04:23:11 AM
He is one of your more advanced trolls basically. I'm sure there were people just like him, emailing others in the early 90s talking about how pointless the internet was, making it all feel like such a hopeless, wasted endeavor.
Bitcoin is an incredible, incredible invention.
HODL.
Bitcoin is an incredible, incredible invention.
HODL.
February 19, 2014, 04:05:07 AM
Jorge, by the look of your Twitter account you seem fairly obsessed with demonizing Bitcoin and diminishing those involved. Charming. You seem to be relishing the price drop. Is that part of your purely academic reasoning for being here?
"Trading or mining bitcoins produces zero real wealth. Those who made money with it, did so by swindling someone else."
"Anyone who has invested in Bitcoin more than he has got out of it is a sucker,who exchanged something of value for something of no value,"
"The only hope such a sucker has to make up for his loss is to find an even bugger sucker who will buy his coins at a hight enough price."
"As in any Ponzi scheme, the profit of the smart ones who leave the bitcoin system early is the loss of those who remain in it,"
"Bitcoin is now back at ~800 US$. P. T. Barnum was right it seems 8-). Or at least many people believe he his. 8-) 8-)"
"It is just to show that investing in Bitcoin is playing the lottery" (translated)
"it has speculators who try to convince unwary BTC to invest in promising huge profits ..." (translated)
In a couple tweets Stolfi equates Bitcoin with Telexfree, a Brazilian ponzi.
http://en.wikipedia.org/wiki/Telexfree
"É por isso que acho Bitcoin uam Telexfree. Porque dinheiro comum sumiria? Porque *bitcoin* seria única cripto usada?"
-------
Jorge's plan to make money (a satire on Jorge's view about the Bitcoin ponzi):
http://www.ic.unicamp.br/~stolfi/bitcoin/2014-02-17-HowToMakeSomeEasyMoney.html
"I ask ten people to form a circle, each holding a 50 dollar bill. I tell each person to pass his bill to the next guy at his right, slowly at first but gradually quickening.
I show them mathematically that, at any moment, the sum that each one had, plus everything that he received from his Left neighbor, is always more than what he gave to his Right neighbor; so that everybody will win in the end.
I give the example by taking the bill from my Left neighbor and giving it to my Right neighbor, "like this, see." Soon the eleven of us are smoothly passing the ten bills around.
A passer-by asks, "may I join too?" "Sure, get a 50 dollar bill and enter the circle." "If I contribute two bills, will I get twice the profit?" "Of course!" He calls two of his friends, who call others, and so on.
Soon we are twenty-one people circulating thirty bills. Everybody notices that the method is working: each one now must grab another bill from Left before he has a chance to give his bill to Right.
A few minutes later, I stop for a moment to pick up the pen that I dropped on the floor. While doing so I discreetly pocket the bill that Left just handed me, and I immediately resume the play. With the bills in motion, no one can count them and notice that now there are only twenty nine going around.
No, wait, that guy across the circle is angrily staring at my pocket, he noticed my trick! I am done! But, instead of blowing the whistle, the scoundrel winks at me, pauses for a moment to blow his nose, discreetly pockets the bill from Left too, and goes on playing. Phew!
But I'd better play safe. I tell everybody, "sorry folks, I must pick up my turtle at the gym, you carry on without me." And I walk out holding high "my" bill, that I just got from Left. That scoundrel does the same. The other nineteeen guys thank me for the great opportunity and keep on passing the remaining twenty-six bills around, already thinking on how they will spend their profit."
"Trading or mining bitcoins produces zero real wealth. Those who made money with it, did so by swindling someone else."
"Anyone who has invested in Bitcoin more than he has got out of it is a sucker,who exchanged something of value for something of no value,"
"The only hope such a sucker has to make up for his loss is to find an even bugger sucker who will buy his coins at a hight enough price."
"As in any Ponzi scheme, the profit of the smart ones who leave the bitcoin system early is the loss of those who remain in it,"
"Bitcoin is now back at ~800 US$. P. T. Barnum was right it seems 8-). Or at least many people believe he his. 8-) 8-)"
"It is just to show that investing in Bitcoin is playing the lottery" (translated)
"it has speculators who try to convince unwary BTC to invest in promising huge profits ..." (translated)
In a couple tweets Stolfi equates Bitcoin with Telexfree, a Brazilian ponzi.
http://en.wikipedia.org/wiki/Telexfree
"É por isso que acho Bitcoin uam Telexfree. Porque dinheiro comum sumiria? Porque *bitcoin* seria única cripto usada?"
-------
Jorge's plan to make money (a satire on Jorge's view about the Bitcoin ponzi):
http://www.ic.unicamp.br/~stolfi/bitcoin/2014-02-17-HowToMakeSomeEasyMoney.html
"I ask ten people to form a circle, each holding a 50 dollar bill. I tell each person to pass his bill to the next guy at his right, slowly at first but gradually quickening.
I show them mathematically that, at any moment, the sum that each one had, plus everything that he received from his Left neighbor, is always more than what he gave to his Right neighbor; so that everybody will win in the end.
I give the example by taking the bill from my Left neighbor and giving it to my Right neighbor, "like this, see." Soon the eleven of us are smoothly passing the ten bills around.
A passer-by asks, "may I join too?" "Sure, get a 50 dollar bill and enter the circle." "If I contribute two bills, will I get twice the profit?" "Of course!" He calls two of his friends, who call others, and so on.
Soon we are twenty-one people circulating thirty bills. Everybody notices that the method is working: each one now must grab another bill from Left before he has a chance to give his bill to Right.
A few minutes later, I stop for a moment to pick up the pen that I dropped on the floor. While doing so I discreetly pocket the bill that Left just handed me, and I immediately resume the play. With the bills in motion, no one can count them and notice that now there are only twenty nine going around.
No, wait, that guy across the circle is angrily staring at my pocket, he noticed my trick! I am done! But, instead of blowing the whistle, the scoundrel winks at me, pauses for a moment to blow his nose, discreetly pockets the bill from Left too, and goes on playing. Phew!
But I'd better play safe. I tell everybody, "sorry folks, I must pick up my turtle at the gym, you carry on without me." And I walk out holding high "my" bill, that I just got from Left. That scoundrel does the same. The other nineteeen guys thank me for the great opportunity and keep on passing the remaining twenty-six bills around, already thinking on how they will spend their profit."
nice find.
he thinks it is a ponzi ?
February 19, 2014, 04:03:05 AM
February 19, 2014, 03:44:58 AM
6h till thursday on Tokyo 
The update will come in the evening Japan-time. No reason to give the update early when you can postpone it until the last possible moment, right?
That would only result in unnecessary confidence and trust of the market.
February 19, 2014, 03:44:34 AM
6h till thursday on Tokyo
The update will come in the evening Japan-time. No reason to give the update early when you can postpone it until the last possible moment, right?
Unless you have some bad publicity to catch up. Ho... wait...
They triple check but update will come before i think
Cost nothing and i'm sure the PR beg for this right now
February 19, 2014, 03:32:59 AM
6h till thursday on Tokyo
The update will come in the evening Japan-time. No reason to give the update early when you can postpone it until the last possible moment, right?
February 19, 2014, 03:23:59 AM
6h till thursday on Tokyo
February 19, 2014, 03:20:21 AM
Wow price actually did not move at all overnight. Maybe market is frozen till another Goxing
+1
Hold tight for another round of "we have almost completed testing of our new system and will work hard on it over the weekend and will provide a further update on Monday."
Then on Monday they will announce limited withdrawals commencing the following week.
The following week withdrawals will be open but everyone will be required to re-verify including photos of their grandmother.
February 19, 2014, 03:10:48 AM
Wow price actually did not move at all overnight. Maybe market is frozen till another Goxing
February 19, 2014, 02:23:18 AM
I'll have to try that next time I am at a party. Jorge is obviously hodling.
Did he mention the bit where one guy throws the $50 bill in the air and someone in Slovenia catches it.
Did he mention the bit where one guy throws the $50 bill in the air and someone in Slovenia catches it.
February 19, 2014, 02:20:12 AM
Jorge, by the look of your Twitter account you seem fairly obsessed with demonizing Bitcoin and diminishing those involved. Charming. You seem to be relishing the price drop. Is that part of your purely academic reasoning for being here?
"Trading or mining bitcoins produces zero real wealth. Those who made money with it, did so by swindling someone else."
"Anyone who has invested in Bitcoin more than he has got out of it is a sucker,who exchanged something of value for something of no value,"
"The only hope such a sucker has to make up for his loss is to find an even bugger sucker who will buy his coins at a hight enough price."
"As in any Ponzi scheme, the profit of the smart ones who leave the bitcoin system early is the loss of those who remain in it,"
"Bitcoin is now back at ~800 US$. P. T. Barnum was right it seems 8-). Or at least many people believe he his. 8-) 8-)"
"It is just to show that investing in Bitcoin is playing the lottery" (translated)
"it has speculators who try to convince unwary BTC to invest in promising huge profits ..." (translated)
In a couple tweets Stolfi equates Bitcoin with Telexfree, a Brazilian ponzi.
http://en.wikipedia.org/wiki/Telexfree
"É por isso que acho Bitcoin uam Telexfree. Porque dinheiro comum sumiria? Porque *bitcoin* seria única cripto usada?"
-------
Jorge's plan to make money (a satire on Jorge's view about the Bitcoin ponzi):
http://www.ic.unicamp.br/~stolfi/bitcoin/2014-02-17-HowToMakeSomeEasyMoney.html
"I ask ten people to form a circle, each holding a 50 dollar bill. I tell each person to pass his bill to the next guy at his right, slowly at first but gradually quickening.
I show them mathematically that, at any moment, the sum that each one had, plus everything that he received from his Left neighbor, is always more than what he gave to his Right neighbor; so that everybody will win in the end.
I give the example by taking the bill from my Left neighbor and giving it to my Right neighbor, "like this, see." Soon the eleven of us are smoothly passing the ten bills around.
A passer-by asks, "may I join too?" "Sure, get a 50 dollar bill and enter the circle." "If I contribute two bills, will I get twice the profit?" "Of course!" He calls two of his friends, who call others, and so on.
Soon we are twenty-one people circulating thirty bills. Everybody notices that the method is working: each one now must grab another bill from Left before he has a chance to give his bill to Right.
A few minutes later, I stop for a moment to pick up the pen that I dropped on the floor. While doing so I discreetly pocket the bill that Left just handed me, and I immediately resume the play. With the bills in motion, no one can count them and notice that now there are only twenty nine going around.
No, wait, that guy across the circle is angrily staring at my pocket, he noticed my trick! I am done! But, instead of blowing the whistle, the scoundrel winks at me, pauses for a moment to blow his nose, discreetly pockets the bill from Left too, and goes on playing. Phew!
But I'd better play safe. I tell everybody, "sorry folks, I must pick up my turtle at the gym, you carry on without me." And I walk out holding high "my" bill, that I just got from Left. That scoundrel does the same. The other nineteeen guys thank me for the great opportunity and keep on passing the remaining twenty-six bills around, already thinking on how they will spend their profit."
"Trading or mining bitcoins produces zero real wealth. Those who made money with it, did so by swindling someone else."
"Anyone who has invested in Bitcoin more than he has got out of it is a sucker,who exchanged something of value for something of no value,"
"The only hope such a sucker has to make up for his loss is to find an even bugger sucker who will buy his coins at a hight enough price."
"As in any Ponzi scheme, the profit of the smart ones who leave the bitcoin system early is the loss of those who remain in it,"
"Bitcoin is now back at ~800 US$. P. T. Barnum was right it seems 8-). Or at least many people believe he his. 8-) 8-)"
"It is just to show that investing in Bitcoin is playing the lottery" (translated)
"it has speculators who try to convince unwary BTC to invest in promising huge profits ..." (translated)
In a couple tweets Stolfi equates Bitcoin with Telexfree, a Brazilian ponzi.
http://en.wikipedia.org/wiki/Telexfree
"É por isso que acho Bitcoin uam Telexfree. Porque dinheiro comum sumiria? Porque *bitcoin* seria única cripto usada?"
-------
Jorge's plan to make money (a satire on Jorge's view about the Bitcoin ponzi):
http://www.ic.unicamp.br/~stolfi/bitcoin/2014-02-17-HowToMakeSomeEasyMoney.html
"I ask ten people to form a circle, each holding a 50 dollar bill. I tell each person to pass his bill to the next guy at his right, slowly at first but gradually quickening.
I show them mathematically that, at any moment, the sum that each one had, plus everything that he received from his Left neighbor, is always more than what he gave to his Right neighbor; so that everybody will win in the end.
I give the example by taking the bill from my Left neighbor and giving it to my Right neighbor, "like this, see." Soon the eleven of us are smoothly passing the ten bills around.
A passer-by asks, "may I join too?" "Sure, get a 50 dollar bill and enter the circle." "If I contribute two bills, will I get twice the profit?" "Of course!" He calls two of his friends, who call others, and so on.
Soon we are twenty-one people circulating thirty bills. Everybody notices that the method is working: each one now must grab another bill from Left before he has a chance to give his bill to Right.
A few minutes later, I stop for a moment to pick up the pen that I dropped on the floor. While doing so I discreetly pocket the bill that Left just handed me, and I immediately resume the play. With the bills in motion, no one can count them and notice that now there are only twenty nine going around.
No, wait, that guy across the circle is angrily staring at my pocket, he noticed my trick! I am done! But, instead of blowing the whistle, the scoundrel winks at me, pauses for a moment to blow his nose, discreetly pockets the bill from Left too, and goes on playing. Phew!
But I'd better play safe. I tell everybody, "sorry folks, I must pick up my turtle at the gym, you carry on without me." And I walk out holding high "my" bill, that I just got from Left. That scoundrel does the same. The other nineteeen guys thank me for the great opportunity and keep on passing the remaining twenty-six bills around, already thinking on how they will spend their profit."
February 19, 2014, 02:06:35 AM
Thank you KFR
February 19, 2014, 01:50:46 AM
https://api.soundcloud.com/tracks/135546450/download?client_id=b45b1aa10f1ac2941910a7f0d10f8e28
His analysis is, as usual, spot on.
His analysis is, as usual, spot on.
February 19, 2014, 01:31:19 AM
Andreas obliterates Mt. Gox management team:
http://letstalkbitcoin.com/e85-mtgox-and-malleability/?utm_source=dlvr.it&utm_medium=twitter#.UwQ7JV5sgfE
For those who want real info and not just the usual tripe found on this thread.
http://letstalkbitcoin.com/e85-mtgox-and-malleability/?utm_source=dlvr.it&utm_medium=twitter#.UwQ7JV5sgfE
For those who want real info and not just the usual tripe found on this thread.
that page is such a mess of scrypts I cant even figure out which one I have to allow to make it play
I refuse to consume media that I have to spawn a one use VM to safely receive.
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