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Thread: Bitcoins are officially donkdown

  1. #1441
    Diamond PLOL's Avatar
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    Lots of volatility. Bouncing around from 630 - 650 on preev, but stayed at $700 on Coinbase. wtf?

  2. #1442
    Plutonium Sanlmar's Avatar
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    Someone or someones made 2-3 big buys.

    hard to know how all those folks who bought $750-$900 month of January will react. Or if they still hold.

    Bitcoin becomes a story again for speculators.

    Like a 1 million dollar ad campaign

  3. #1443
    Plutonium Sanlmar's Avatar
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    Screaming out for a quick short. Little overextended. But that ain't me. Cool move.

    There's your $40 haircut

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  4. #1444
    Diamond vegas1369's Avatar
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    Finally in the black!!!

    :moneytruck

     
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      rum dick: sell sell sell
      
      adamantium: back the truck up boys

  5. #1445
    Diamond Hockey Guy's Avatar
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    I don't really follow bitcoin but it must be getting more & more mainstream when it reaches my news feed. Another bitcoin bank, flexcoin, shuts down after 600K theft:

    http://news.ca.msn.com/top-stories/b...ar600000-theft

    sorry if this has already been posted.
    (•_•) ..
    ∫\ \___( •_•)
    _∫∫ _∫∫ɯ \ \

    Quote Originally Posted by Hockey Guy
    I'd say good luck in the freeroll but I'm pretty sure you'll go on a bender to self-sabotage yourself & miss it completely or use it as the excuse of why you didn't cash.

  6. #1446
    Plutonium Sanlmar's Avatar
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    Never question the "long legged dragon fly doji"

    new fangled .JPG images aren't yet supported. Lol

  7. #1447
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    http://nypost.com/2014/03/05/bitcoin...ected-suicide/

    It appears bitcoin’s recent turmoil has claimed its first life.
    Modal Trigger

    Photo: Facebook

    Autumn Radtke, a 28-year-old American CEO of bitcoin exchange firm First Meta, was found dead in her Singapore apartment on Feb. 28.

    Local media are calling it a suicide, but Singapore officials are waiting for toxicology test results to determine a cause of death.

    Radtke formerly worked with Apple and other Silicon Valley tech firms on developing digital payment systems.

    Radtke’s death brings the number of questionable financial-sector deaths this year to eight.

  8. #1448
    Silver Henry's Avatar
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    Boy, that escalated quickly.

  9. #1449
    Gold Charham's Avatar
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    it seems a hack a day, this "industry" needs banking software. this is ridiculous:

    “The hacker discovered that if you place several withdrawals all in practically the same instant, they will get processed at more or less the same time. This will result in a negative balance, but valid insertions into the database, which then get picked up by the withdrawal daemon.

    Poloniex Loses 12.3% of its Bitcoins in Latest Bitcoin Exchange Hack

  10. #1450
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    Quote Originally Posted by Henry View Post
    Boy, that escalated quickly.
    yea brick killed a guy

     
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  11. #1451
    Platinum DirtyB's Avatar
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    Newsweek reveals that bitcoin creator "Satoshi Nakamoto" is actually a 64 year old Japanese-American whose real name is.....drumroll.....Satoshi Nakamoto. He lives in a modest house in the San Bernadino Valley despite sitting on about $600M worth of bitcoins.

    http://mag.newsweek.com/2014/03/14/b...-nakamoto.html

     
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      bukowski72: Great Article

  12. #1452
    Diamond TheXFactor's Avatar
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    Quote Originally Posted by DirtyB View Post
    Newsweek reveals that bitcoin creator "Satoshi Nakamoto" is actually a 64 year old Japanese-American whose real name is.....drumroll.....Satoshi Nakamoto. He lives in a modest house in the San Bernadino Valley despite sitting on about $600M worth of bitcoins.

    http://mag.newsweek.com/2014/03/14/b...-nakamoto.html
    Satoshi Nakamoto should sell all his Bitcoins before it's too late.

    http://gawker.com/the-mysterious-cre...nob-1537700041




  13. #1453
    Gold Charham's Avatar
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    Quote Originally Posted by TheXFactor View Post
    Quote Originally Posted by DirtyB View Post
    Newsweek reveals that bitcoin creator "Satoshi Nakamoto" is actually a 64 year old Japanese-American whose real name is.....drumroll.....Satoshi Nakamoto. He lives in a modest house in the San Bernadino Valley despite sitting on about $600M worth of bitcoins.

    http://mag.newsweek.com/2014/03/14/b...-nakamoto.html
    Satoshi Nakamoto should sell all his Bitcoins before it's too late.

    http://gawker.com/the-mysterious-cre...nob-1537700041



    my favorite part of the gawker article was:

    Until Nakamoto says anything else, we're left with what appear to be his three Amazon reviews: "royal danish butter cookies in a big 4lb round blue tin can. it has lots of buttery taste." Five stars.

  14. #1454
    Silver Henry's Avatar
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    A 64yo sitting on half a billion in a modest house, and they post full name, birthdate, picture, and picture of his house with his cars license plate in it.

    What the fuck.

     
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      IamGreek: applying for bodyguard position rep
    Last edited by Henry; 03-06-2014 at 11:05 AM.

  15. #1455
    Plutonium sonatine's Avatar
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    Quote Originally Posted by NaturalBornHustler View Post
    http://nypost.com/2014/03/05/bitcoin...ected-suicide/

    It appears bitcoin’s recent turmoil has claimed its first life.
    Modal Trigger

    Photo: Facebook

    Autumn Radtke, a 28-year-old American CEO of bitcoin exchange firm First Meta, was found dead in her Singapore apartment on Feb. 28.

    Local media are calling it a suicide, but Singapore officials are waiting for toxicology test results to determine a cause of death.

    Radtke formerly worked with Apple and other Silicon Valley tech firms on developing digital payment systems.

    Radtke’s death brings the number of questionable financial-sector deaths this year to eight.


    Quote Originally Posted by sonatine View Post
    A friend of a friend ran some sort of bitcoin fund (I dont have details) out of Singapore. Took a dive off a skyscraper Tuesday.
    ^ same person. i had some funky details obv.


    CEO of bitcoin exchange found dead in Singapore
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    By Associated Press, Published: March 5 | Updated: Thursday, March 6, 8:46 AM
    SINGAPORE — The American CEO of a virtual currency exchange was found dead near her home in Singapore.

    A police spokesman said Thursday that initial investigations indicated there was no suspicion of “foul play” in the Feb. 26 death of 28-year-old Autumn Radtke, meaning officers do not suspect murder.

    Video
    <caption> Bitcoin is virtual money that cuts out banks and credit card companies, and has gotten more popular recently. Here's what you need to know about the original cryptocurrency. </caption>
    Bitcoin is virtual money that cuts out banks and credit card companies, and has gotten more popular recently. Here's what you need to know about the original cryptocurrency.
    The spokesman said police found Radtke lying motionless near the apartment tower where she lived.

    Police have so far classified the death as “unnatural,” which can mean an accident, misadventure, or suicide.

    Radtke’s company, First Meta, said it was “shocked and saddened by the tragic loss.”

    First Meta allows users of virtual currencies such as bitcoin to trade and cash out the currencies. It is one of several such exchanges.

    The future of bitcoin has been under scrutiny since the collapse of the Mt. Gox exchange in Tokyo last month.

    Radtke had worked at other tech companies. A funeral for her was held Wednesday in Hales Corners, Wisconsin, according to Hartson Funeral Home.

    Postings on her Facebook page showed her to be a believer in the potential of virtual currencies.

    Last month, she linked to an article on entrepreneurs suffering depression, commenting above the link: everything has its price.

    Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  16. #1456
    Platinum DirtyB's Avatar
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    http://p2pfoundation.ning.com/forum/...age=2#comments


    Someone with access to Satoshi Nakamoto's forum account just posted that Newsweek has the wrong guy.

  17. #1457
    Owner Dan Druff's Avatar
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  18. #1458
    Plutonium Sanlmar's Avatar
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    The news to me was that Newsweek is still being published. My grandparents used to have a subscription. It was delivered by the mailman.


    Doxxing the guy without "getting a story". What a fail. If I was the editor I would sack the reporter.

    Could this idiot reporter simply approach Nakomoto. Make clear they suspect he's the guy and work out some kind of arrangement for an exclusive story? Sure he goes into immediate denial mode. Let him stew a little. He'll call back.

    The whole thing is just so epically stupid.
    Last edited by Sanlmar; 03-06-2014 at 11:51 PM.

  19. #1459
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  20. #1460
    Plutonium Sanlmar's Avatar
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    Forbes continues the stupidity...

    The Outing of Bitcoin Creator Satoshi Nakamoto Is Important Journalism
    http://www.forbes.com/sites/kashmirh...nt-journalism/

    Not one revealing thing was disclosed except that he exists. WTF. They failed to get any interview with him. Doesn't journalism often involve speaking with the subject? WTF

    This is priceless too.

    She’s likely right in her speculation that he hasn’t cashed in because doing so would have outed him, as he would have had to reveal his identity in some way to the Bitcoin to USD intermediary he used
    WTF

    He created a currency that existed outside the influence of governments and banks! His creation binked. Does it seem natural that he is going to convert to dollars?

    The idiocy has already begun.

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