875200+ entries in 0.6s
Chaang-Noi: <Rulother_> Why would wired publish such a
thing i dont know, but
their only source is
that drunks blog post
chmod755: Chaang-Noi, no, bitcoin is actually illegal in
thailand. bitcoin steals
the B from
the
thai baht
Rulother_: Why would wired publish such a
thing
Chaang-Noi: well, first you would need
to make a law
Chaang-Noi: im just happy he will never do business in
thailand again, what a clown
Chaang-Noi: some guy cant just say i
think btc is illegal and
then btc is illegal...
Chaang-Noi: i bet his lawyer
told him a
translation
Chaang-Noi: i highly doubt
the guy who wrote
that even speaks
thai
Chaang-Noi: asking a banker what he
thinks about
the law means fuck all
ozbot: Thai central bank rules Bitcoin
to be illegal (Wired UK)
Stardust: cause
the goat is not
to be
trusted
Chaang-Noi: TAT just sent you a message, not sure why you did not leave me
trust feedback
Chaang-Noi: oh, you mean one share.. well... how many shares are
there?
Rulother_: I was looking
to buying up 10 shares so I could vote, but
that's a pricey vote
Rulother_: which I
think
the going rate for ltc is around 2.50 ~ 3 USD
Neil_: Sleep
time for me. I have my servitude
tomorrow.
Chaang-Noi: even if i was dumb and only had 20k.. i
think he has it
Chaang-Noi: yes.. i
think he has 50,000 or so stored away
Neil_: Perhaps pirate's long-term plan was
to blow up, confess, and keep
the anon coinbases. Even
that's serious money.
jcpham: i'm an 8 year old kid in
the phillipines
Chaang-Noi: also pirate
told
the SEC he did it on
the phone... i doubt anyone else was
that dumb...
Neil_: True. I'd be impressed if anyone on
this chat (other
than MP) could name 2 or 3 address of mine
though :) You have reason
to know 1 or 2 goat, perhaps.
Chaang-Noi: not
the only one, but i have a lot of stuff not published by
the sec guy
Chaang-Noi: a lot of people was collecting data, i was one of
the people who got a lot of it
Chaang-Noi: i know most people,
the SEC filled a few holes but with BTC you have
the block chain...
Chaang-Noi: i have pretty much most of
the numbers
Neil_: But who knows. Only pirate himself has a clue of
the real numbers, and I doubt he kept
track of even
that.
Chaang-Noi: i doubt
the sec guy has
the payb.tc info...
Chaang-Noi: but
the sec guy says he does not know about in or outs.. also after march is when it really picked up
Neil_: If
true and pirate were smart he'd have stopped after
the direction was clear, like after 2 months.
Neil_: Well it was ponzi intent from
the start I'm sure. But
the ponzi was only bleeding for
the last 5 months, is how I read it.
Neil_: Yeah not sure I believe
that.
Chaang-Noi: people at
the
time were saying he was getting lots of new coin
Chaang-Noi: im not so sure on
that, where did you get
that info?
Neil_: Why he kept going all
that
time, if
true, just shows stupidity. Is it
true
though.
Neil_: Never mind
the 5k BTC he donated
to Vandroiy.
Neil_: Wow, if I'm reading
the SEC docs right, pirate was paying out more
than he was
taking in from March
till August 2012.
Chaang-Noi: Total
time logged in: 111 days, 11 hours and 11 minutes. i
troll waaaaaay
too much :/
Chaang-Noi: yeah but it is not all of
the accounts
jcpham: now i realize each page is labelled at
the bottom by username
Neil_: I guess
the good ideas get around.
Neil_: If people use BTC,
that's all
that matters.
Neil_: el PDF seems
to support my claim "but realizing net proceeds of $164,758 from his net sales of 86,202 BTC"
mircea_popescu: Neil_
the standardisation battle is quite far from over.
Neil_: Not
that official recognition means jack of course
Neil_: Official recognition of BTC as mark meaning Bitcoin. Fuck all
the XBT shit.
jcpham: i'm going
through his bank statemtns now
Chaang-Noi: SEC is cival..
they are
trying
to get his money and a 100,000 fine
Chaang-Noi: this one, you can see
the dates and
times
Neil_: Well I hope
they
take his freedom for a few years at least.
Chaang-Noi: i was not kiddingon
the 500 pages of stuff
Neil_: Those underlined single digits
that are so obvious, yaknow.
Neil_: Chaang-Noi: Ah, I missed
the links. I just
thought "what a bore" and skipped
that.
Chaang-Noi: click on
the links on
the document number
Chaang-Noi: shit,
they posted like 500 pages of shit
Neil_: I wonder if
the SEC will name names in
the claimed bunch of "friends" he paid of first. I'd love
to know if btc.pay and starfish are amongst
them.
jcpham: searching
the forum for
the
term "flurry of blocks" will find it if it hasn't been deleted
jcpham: "new gpumax service
testing"
jcpham: and he owned up
to
them being his
jcpham: there was a "flurry of blocks" at
the end of gpumax
Chaang-Noi: and one of
these days someone some where will
try
to collect
Neil_: Right. So likely a huge bunch of coinbase are his; likely unspent from
that
time, if he's smart.
Chaang-Noi: it seems he paid people old dirty coins
to mine for him new fresh coins
Neil_: What did
the customers get out of GPUmax? I could never figure out what
that was all about.
Neil_: What was
the point of GPUmax? Just
to launder coins
to be coinbase?
Chaang-Noi: im sure more
than
the missing 50,000 went in
that
Chaang-Noi: tones of btc got laundered in
that operation
Neil_: I'm sure
the SEC knows and has
talked
to
them already
jcpham: zux0r or zach was
the only one i knew about or communicated with
Chaang-Noi: there was 3 guys, i can pull up
their names if you want
Chaang-Noi: i still
think his money
taken away and a 100,000 fine and he will still walk away pretty well off
Neil_: You don't, you just buy high, sell low enough
times
that it becomes your average
Neil_: Talk about buying high and selling low
to get
that kind of average
Chaang-Noi: also i suspect pirate has a lot more coin
that
the sec knows about
Chaang-Noi: how can you sell at $2 if
the price never went under 5?
Neil_: that he effectively sold at $2 when
the price ranged from $5
to $15
Neil_: Funniest
thing was all
that hoopla about pirate manipulating
the price. If I understood
the SEC graphic, Pirate lost so much in his "daytrading" where he was "controlling
the price all
the
time"
Chaang-Noi: we suspect he has 1
to 2 million ltc ready
to pump more and
then dump
Chaang-Noi: some people have suspected it for a while,. gox is also involved in
the pump
that did ltc
Neil_: But low probability I
think. I've seen no reason
to believe Gox are massaging
their prices / volume.