Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

[heisenburrr]

I don't get it. what's that supposed to mean? and why would this negro not just lay low in times like these? the fed reserve zionists will go full retard on him.
sounds like someone in the nsa or 4ch@n just having full with his account.

this dude is a cryptography and computer security genius.

he probably uses dozens of layers of anonymity. don't think he's worried.

 

[Kritic]

this dude is a cryptography and computer security genius.

he probably uses dozens of layers of anonymity. don't think he's worried.

those nerds throwing panties at him will be very disappointed when the Feds catch up with him. it's just a question of when they'll catch up with him.

 

[Poitier]

Intelligence agencies created bitcoin to spy on dumbass civilians

 

[heisenburrr]

Intelligence agencies created bitcoin to spy on dumbass civilians

Bitcoin is open source you retard

 

[Poitier]

Bitcoin is open source you retard

ok

 

[heisenburrr]

ok

Sorry. You wouldnt understand

 

[heisenburrr]

http://www.washingtonpost.com/busin...1ad2f0-a631-11e3-8466-d34c451760b9_story.html

The past week was particularly extreme. The apparent suicide of an American business executive in Singapore was investigated for possible ties to her Bitcoin investments. A California man fingered as the currency’s mysterious inventor reacted to his sudden fame by asking that journalists buy him lunch. After finishing his meal at a sushi restaurant, he went on to deny any role whatsoever in Bitcoin.

Perhaps the most surprising development was that the virtual currency, despite wild fluctuations in value, continued to weather the mayhem. As the humans involved in the adventure looked increasingly vulnerable,Bitcoin looked comparatively solid, trading nearly 10 percent higher Saturday than a week before. Each bitcoin is worth more than $600 in recent trading.

“Bitcoin works really well,” said Matthew Green, a Johns Hopkins University cryptographer who is working to develop a different virtual currency. “All this craziness around Bitcoin isn’t around Bitcoin itself. It’s around the people.”

“It’s completely Wild West,” said Garth Bruen, a security fellow at the Digital Citizens Alliance, a Washington-based advocacy group that combats online crime. “There are a lot of people getting rich, and there are a lot of people stealing.”

But criminals have targeted the computers that store bitcoins in encrypted code, in depositories known as “hot wallets.” Over the past two weeks, it has become clear they have succeeded spectacularly in breaking those systems.

The most famous example is Mt. Gox, the Tokyo-based exchange that filed for bankruptcy Feb. 28. It started as a site to trade cards for a popular game but shifted very profitably to Bitcoin, at one point becoming the biggest site for buying the virtual currency.

Mt. Gox relied on technology that experts consider easy to use but hard to secure against hackers. When the exchange declared bankruptcy, it reported having lost more $400 million from theft.

“The [Bitcoin] system and protocol itself was and is still sound,” Dustin D. Trammell, a Bitcoin investor and security expert, said in an e-mail exchange after the Mt. Gox bankruptcy. “The currency exchange rate is holding stable during the fallout, and it really goes to articulate that Mt. Gox was simply a single bad actor, whether it be intentionally or just incompetence, in an otherwise solid fledgling financial industry.”

Rising interest in Bitcoin has brought a flood of investments from venture capitalists, allowing for the development of exchanges that, experts say, are more likely to survive the attacks of hackers and other threats to the currency’s stability. The number of merchants accepting bitcoins, meanwhile, has steadily grown, and several cities now have ATMs that trade in them, making exchanges easier.

Future generations of Bitcoin billionaires may someday look back on 2014 with knowing smiles. Here was a year when thefts spread, exchanges collapsed, rates gyrated like a teenager’s moods. And yet the buying of bitcoins showed no signs of abating.

 

[Kritic]

Intelligence agencies created bitcoin to spy on dumbass civilians

bankers were caught sleeping on the wheel with cryptocurrencies.. for obvoius reasons they can't support competition and they have the money, power and influence to discredit cryptocurrencies.
they have real experts and the law in the mainstream media and online trolls and hackers in the underground...

 

[heisenburrr]

bankers were caught sleeping on the wheel with cryptocurrencies.. for obvoius reasons they can't support competition and they have the money, power and influence to discredit cryptocurrencies.
they have real experts and the law in the mainstream media and online trolls and hackers in the underground...

 

[Kritic]

how will that guy and all those ppl laughing die? jumping off a building? suicde by nail gun? or locked up in guantanamo bay...

fed reserve and the nsa will just switch off the net

 

[heisenburrr]

how will that guy and all those ppl laughing die? jumping off a building? suicde by nail gun? or locked up in guantanamo bay...

fed reserve and the nsa will just switch off the net

 

[Kritic]

starts here http://recode.net/2014/02/13/now-theres-a-federal-bill-to-require-a-smartphone-kill-switch/


you want a way to stop terrorists from communicating and money laundering don't you

 

[Liquid]

Antonopoulos the god

 

[MewTwo]

starts here http://recode.net/2014/02/13/now-theres-a-federal-bill-to-require-a-smartphone-kill-switch/


you want a way to stop terrorists from communicating and money laundering don't you

My 'friend' mentioned an internet killswitch as well. It doesn't make sense. You can't 'shut off' the internet.

 

[88m3]

Sorry. You wouldnt understand

lol