Bitcoins - digital currency - Page 105 - Business, Finances and Investing Forum

This does seem a lot more likely w/ 35k in bets, but it's not totally 'free' is losing his reputation and at least the ability to do this again. People know where he is too. Keeping the per person amount capped at 250 would have kept him safer, but having individuals with 1k+ is dangerous.

Quote

09-05-2012 , 06:53 AM

#2603

Simkars

adept

Join Date: Oct 2008 Posts: 788

http://www.gizmodo.com.au/2012/09/bi...ons-suspended/
Any thoughts on how this might affect bitcoins value?

Quote

09-05-2012 , 11:22 AM

#2604

maxtower

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 7,996

Quote:

Originally Posted by Simkars

http://www.gizmodo.com.au/2012/09/bi...ons-suspended/
Any thoughts on how this might affect bitcoins value?

Bitfloor's average daily volume was somewhere between 1-2k coins. Why would they keep 25000 coins in a hot wallet after everything that has happened to almost every other site? It's just ridiculous.

Also I thought it was interesting Calvin Ayre commented on bitcoin:
http://calvinayre.com/2012/09/03/business/bitzino-touts-provably-fair-games-but-can-bitcoin-only-casinos-succeed/

Quote

09-05-2012 , 07:05 PM

#2605

Ponies

Pooh-Bah

Join Date: Mar 2007 Posts: 3,726

Seems like the last couple of hackings have had no effect on the price of bitcoins. Makes me think the market is getting smarter.

Quote

09-05-2012 , 07:20 PM

#2606

Unabridged

old hand

Join Date: Jun 2005 Posts: 1,401

the people who stole romney's tax documents asked for their ransom in bitcoins:
http://news.cnet.com/8301-1009_3-575...s-tax-returns/

Quote

09-06-2012 , 01:58 AM

#2607

AlbertoKnox

Pooh-Bah

Join Date: Oct 2007 Posts: 3,676

Quote:

Originally Posted by Unabridged

the people who stole romney's tax documents asked for their ransom in bitcoins:
http://news.cnet.com/8301-1009_3-575...s-tax-returns/

People who actually stole them or pretended to have stolen them?

Quote

09-09-2012 , 02:30 PM

#2608

Freakin

bacon wannabe

Join Date: Sep 2004 Posts: 17,153

Quote:

Originally Posted by AlbertoKnox

People who actually stole them or pretended to have stolen them?

Doesn't really make a difference imo

Quote

09-10-2012 , 07:02 PM

#2609

AlbertoKnox

Pooh-Bah

Join Date: Oct 2007 Posts: 3,676

Shockingly, Matt did not pay the roughly $900000 worth of coins he owed.

The reason I originally thought it would pay was that the amounts matched the large bet against pirate that was actually escrowed and was scheduled to be released before the deadline of this bet. I thought maybe the winner of that bet wanted to be rid of the 'dirty' money which 'belonged' to victims and Matt was fronting for him to both obscure that fact (temporarily) and as publicity stunt. When it went over 10k it just made no sense anymore.

Quote

09-10-2012 , 08:07 PM

#2610

maxtower

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 7,996

So free-rolling it is. Do you have a link? Did he try any kind of angle shooting?

Quote

09-11-2012 , 12:08 AM

#2611

karkstark1

newbie

Join Date: Nov 2005 Posts: 39

What is the biggest bitcoin poker site at the moment?

Quote

09-11-2012 , 01:29 AM

#2612

steelhouse

banned

Join Date: Feb 2007 Posts: 6,109

sealswithclubs.eu for bitcoin only. There might be a casino like switchpoker that is larger over all however, none are open to us players.

http://blog.bitinstant.com/

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09-11-2012 , 08:08 PM

#2613

bjornb

Pooh-Bah

Join Date: Nov 2007 Posts: 4,937

Dumbass with too much money or market spoofing/manipulation?

Quote

09-12-2012 , 11:46 AM

#2614

Jah Onion

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 10,955

looking to buy a few bitcoins (nothing crazy), if anyone's willing to help me out I'd appreciate it!
*just thought i'd mention the reason I'm not going thru mtgox (which is pretty much my only option) is that i can only fund it through bank transfer and that takes forever

Last edited by Jah Onion; 09-12-2012 at 11:53 AM.

Quote

09-12-2012 , 12:33 PM

#2615

Deep

grinder

Join Date: Jul 2012 Posts: 433

Quote:

Originally Posted by Jah Onion

Have you checked out BitInstant?

Quote

09-12-2012 , 12:48 PM

#2616

Jah Onion

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 10,955

yeah the prob is i'm living in europe so I have no access to the wonders of LR and all that. I mean I've already found someone trustworthy that will take my GDMP (had a friend buy one for me thinking it would be super easy to exchange for BTC rly fast, I was wrong

) for a small enough commision, but even that takes 1-2 days and I was looking for something quicker.

Quote

09-12-2012 , 01:07 PM

#2617

shoemaker

adept

Join Date: May 2007 Posts: 825

Quote:

Originally Posted by Jah Onion

) for a small enough commision, but even that takes 1-2 days and I was looking for something quicker.

Just sent Jah Onion a PM, but thought I'd offer it to everyone else itt as well.
I can trade BTC or mtgoxUSD for pokersite funds, moneybookers, neteller etc.

Have great rep in both the poker and bitcoin community.

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09-14-2012 , 07:59 AM

#2618

TomCollins

Carpal \'Tunnel

Join Date: Jul 2003 Posts: 43,058

Quote:

Originally Posted by AlbertoKnox

Can you explain? I'm not sure what this means.

Quote

09-14-2012 , 09:05 AM

#2619

fluffheadsr

adept

Join Date: May 2012 Posts: 714

I actually, got invited to do pair coding by the guy who invented bitcoin.. So There is several dozen lines of code which make bitcoin work, that I wrote

I'm always happy about that.

Quote

09-14-2012 , 09:28 AM

#2620

doublec

journeyman

Join Date: May 2007 Posts: 315

Quote:

Originally Posted by fluffheadsr

I actually, got invited to do pair coding by the guy who invented bitcoin.. So There is several dozen lines of code which make bitcoin work, that I wrote

You pair programmed in person with Satoshi, the inventor of Bitcoin?

Quote

09-14-2012 , 01:37 PM

#2621

AlbertoKnox

Pooh-Bah

Join Date: Oct 2007 Posts: 3,676

Quote:

Originally Posted by TomCollins

Can you explain? I'm not sure what this means.

Sorry, my post was fairly bad.

Matthew N Wright from bitcoin talk wanted to bet that pirate would pay back. I decided to bet 250BTC that pirate would not pay back. I was reluctant at first because I worried Matt would not pay, but I also thought there was very small risk of losing.

Matt kept taking bets past the 10kBTC he originally had said was the max. So by the end it wasn't that surprising when he didn't pay anyone.

Quote

09-15-2012 , 12:09 AM

#2622

microstakesrave

old hand

Join Date: Mar 2010 Posts: 1,719

Can somebody tell me where this idea is flawed? I'm sure it's illegal too .. If not, highly looked down upon ..

(Yes, I'm serious about this btw)

1. Buy/build a mining machine
2. Install mining software on machine
3. Sell mining machine on eBay/Craigslist

Assuming, I bought the machine for 1k and sold the machine for 1k. Shouldn't this yield a 1BTC/wk profit? I guess I'll also have to assume that the person keeps their machine on 24/7 AND they don't do a clean install of the software.

Quote

09-15-2012 , 09:06 AM

#2623

Overcooked

journeyman

Join Date: Jan 2010 Posts: 243

^ why not just do tech support for old people and install the programs?

Quote

09-15-2012 , 10:08 AM

#2624

TomCollins

Carpal \'Tunnel

Join Date: Jul 2003 Posts: 43,058

Quote:

Originally Posted by AlbertoKnox

Ok, I thought you had some angle for thinking he was going to pay. It seemed pretty obvious it was a free roll since he wouldn't pay out if he lost and he was just delusional, or he had a bet he was sure to win.

Quote

09-15-2012 , 12:06 PM

#2625

fluffheadsr

adept

Join Date: May 2012 Posts: 714

Quote:

Originally Posted by doublec

You pair programmed in person with Satoshi, the inventor of Bitcoin?

Not in person.. We did it via session Sharing over ssh. We chated on voice, and I learned a ton.. A lot of bit coin is written in python.. That's where I met him.. I was on irc chatting about python programming and he asked if anyo e wanted to do some pair programming on a new digital currency project.. I was really interested in learning about pair coding so I took him up on it. Was really cool.

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