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(Huffington Post)   Bitcoin exchange CEO suspected to be on a misadventure, battling Clu on the Gaming Grid   (huffingtonpost.com) divider line 56
    More: Followup, CEO, Singapore, apartment tower, virtual currency  
•       •       •

3677 clicks; posted to Main » on 06 Mar 2014 at 12:03 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



56 Comments   (+0 »)
   
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2014-03-06 11:28:51 AM  
I'm only interested if this story has Olivia Wilde in a skin tight light suit.
 
2014-03-06 11:56:51 AM  

UberDave: I'm only interested if this story has Olivia Wilde in a skin tight light suit.


Honestly, I'm interested in ANY story that somehow ties back to Olivia Wilde in a skintight suit
 
2014-03-06 12:06:17 PM  
Suicide. She jumped down an elevator shaft and landed on 8 bullets while wearing a blindfold with her hands tied behind her back.
 
2014-03-06 12:06:36 PM  
Put him into the games, let him hope for a while, and then blow him away.
 
2014-03-06 12:06:47 PM  
blacksportsonline.com
 
2014-03-06 12:07:06 PM  
When will the CEO of MtGOX be found after committing suicide from gunshot to the back of the head?
 
2014-03-06 12:11:15 PM  
So someone nobody's ever heard of from an exchange nobody uses died. And it might be for an interesting reason. Or not.

Okay.
 
2014-03-06 12:13:33 PM  
Autoplay video ads = fail.
 
2014-03-06 12:14:52 PM  
The Singapoore police have ruled out murder? Oh, that's it then.
 
2014-03-06 12:16:39 PM  
i1.ytimg.com
 
2014-03-06 12:17:56 PM  
It was one of those freak gardening accidents that the police felt was best left unsolved.
 
2014-03-06 12:19:56 PM  
Anyone who thought bit coin was a good idea is retarded.

/Olivia Wilde is pretty hot but not my type
//I'd still bend her over a barrel and show her the fifty states
 
2014-03-06 12:22:21 PM  
www.everyjoe.com

www.everyjoe.com

I could imagine doing nasty things with her. Not now of course. Well... How dead is she?
 
2014-03-06 12:23:06 PM  
When you become an anarcho-capitalist, you think crypto-currencies are a good idea. When you think crypto-currencies are a good idea, you set up a crypto-currency exchange. When you set up a crypto-currency exchange, criminal organizations use your exchange to conceal illegal activities. When criminal organizations lose all the money they had on your exchange, you end up with two to the back of the head. Don't become an anarcho-capitalist.
 
2014-03-06 12:23:47 PM  
He tried to use his Pikachu, but was beaten by Gary's shiny Mewtwo.
 
2014-03-06 12:24:33 PM  
 
2014-03-06 12:24:50 PM  

I'd say no mor than about 6 weeks ago, "Bitcoin Jesus" was on Joe Rogan Podcast, and he was extolling (duh) how awesome Bitcoin is, and the various ways it can/will/has revolutionized international and domestic commerce.

Well.  Maybe about 1-2 weeks after he was on, Apple pulled their Bitcoin app, a major Bitcoin exchange was hacked, then what, a month ago, MTGOX went under, and now this.  It would be mighty interesting to re-listen to this podcast because two of the things *I* remember dude talking about just happened; Bticoin's security was hacked, and an exchange went under. Well i guess counting hers, two, and oh by the way SHE KILLED HERSELF!


And re MtGox, I don't think it was Rogan, perhaps someone on Nerdist or maybe even Carolla, just a couple of weeks ago after MtGox, the guest said they were idiots. I'm no techie but apparently the software platform they used was one that "reputable" financiers / online commerce markets reject because, i hope you're sitting down, it is so easily cracked and untrustworthy. the guy was like, "those guys are farking idiots, it was only a matter of time, but now that they crashed, this is a great investment opportunity to get in on an artificially deflated Bitcoin market."

actually, Jan 27. Andreas Antonopoulos, Bitcoin entrepreneur in those halcyon days of Bitcoin, lo these 37 days ago
 
2014-03-06 12:25:47 PM  
It still amuses me that Bitcoins are used on  Almost Human.  I have to assume they're a newer version that has become government-regulated, because the current version won't make it into the cyberpunky androidy future.
 
2014-03-06 12:25:51 PM  
Clu Gulager?
 
2014-03-06 12:27:18 PM  

rickythepenguin: I'd say no mor than about 6 weeks ago, "Bitcoin Jesus" was on Joe Rogan Podcast, and he was extolling (duh) how awesome Bitcoin is, and the various ways it can/will/has revolutionized international and domestic commerce.

Well.  Maybe about 1-2 weeks after he was on, Apple pulled their Bitcoin app, a major Bitcoin exchange was hacked, then what, a month ago, MTGOX went under, and now this.  It would be mighty interesting to re-listen to this podcast because two of the things *I* remember dude talking about just happened; Bticoin's security was hacked, and an exchange went under. Well i guess counting hers, two, and oh by the way SHE KILLED HERSELF!
And re MtGox, I don't think it was Rogan, perhaps someone on Nerdist or maybe even Carolla, just a couple of weeks ago after MtGox, the guest said they were idiots. I'm no techie but apparently the software platform they used was one that "reputable" financiers / online commerce markets reject because, i hope you're sitting down, it is so easily cracked and untrustworthy. the guy was like, "those guys are farking idiots, it was only a matter of time, but now that they crashed, this is a great investment opportunity to get in on an artificially deflated Bitcoin market."

actually, Jan 27. Andreas Antonopoulos, Bitcoin entrepreneur in those halcyon days of Bitcoin, lo these 37 days ago


So you're saying Joe Rogan did this?  Or Carolla?  Both together?
 
2014-03-06 12:27:49 PM  

Abe Vigoda's Ghost: Well... How dead is she?


mostly
 
2014-03-06 12:28:59 PM  

rickythepenguin: I'd say no mor than about 6 weeks ago, "Bitcoin Jesus" was on Joe Rogan Podcast, and he was extolling (duh) how awesome Bitcoin is, and the various ways it can/will/has revolutionized international and domestic commerce.

Well.  Maybe about 1-2 weeks after he was on, Apple pulled their Bitcoin app, a major Bitcoin exchange was hacked, then what, a month ago, MTGOX went under, and now this.  It would be mighty interesting to re-listen to this podcast because two of the things *I* remember dude talking about just happened; Bticoin's security was hacked, and an exchange went under. Well i guess counting hers, two, and oh by the way SHE KILLED HERSELF!
And re MtGox, I don't think it was Rogan, perhaps someone on Nerdist or maybe even Carolla, just a couple of weeks ago after MtGox, the guest said they were idiots. I'm no techie but apparently the software platform they used was one that "reputable" financiers / online commerce markets reject because, i hope you're sitting down, it is so easily cracked and untrustworthy. the guy was like, "those guys are farking idiots, it was only a matter of time, but now that they crashed, this is a great investment opportunity to get in on an artificially deflated Bitcoin market."

actually, Jan 27. Andreas Antonopoulos, Bitcoin entrepreneur in those halcyon days of Bitcoin, lo these 37 days ago


You've described a normal Fiscal Quarter for most currencies in most nations. I don't know if Bitcoin is the magic shiat some people do, but it's not going to go away soon. It began rebounding from Gox right away, and everything else you mention has essentially not phased its value or trade frequency.
 
2014-03-06 12:28:59 PM  

The hopeless imp: The Singapoore police have ruled out murder? Oh, that's it then.



That's what I thought about the Philip Seymour Hoffman case.

Needle in his arm? Yeah right; sounds like a Hollywood screenwriter version of events.
 
2014-03-06 12:30:15 PM  

LeroyBourne: It was one of those freak gardening accidents that the police felt was best left unsolved.


You can't dust vomit for fingerprints
 
2014-03-06 12:31:27 PM  


encrypted-tbn3.gstatic.com
encrypted-tbn3.gstatic.com
encrypted-tbn3.gstatic.com

 
2014-03-06 12:31:56 PM  

Scorpitron is reduced to a thin red paste: So you're saying Joe Rogan did this? Or Carolla? Both together?


AND NERDIST TOO!
 
2014-03-06 12:35:32 PM  

LasersHurt: I don't know if Bitcoin is the magic shiat some people do, but it's not going to go away soon. It began rebounding from Gox right away, and everything else you mention has essentially not phased its value or trade frequency.


i don't know either way, after the podcast i started poking around Bitcoin just to educate myself but I didn't buy any.  and i've read in other stories where more businesses are accepting bitcoin (I think the NBA's Spurs or perhaps Nets or someone accepts Bitcoin for tickets).  and, i think the IRS (per the podcast) issued some kind of ruling (?) saying Bitcoin was legal tender (I'm surely overstating it, hence my "golly gee, wouldn't it be interesting to re-listen to cat?").  So if it was going away i'm guessing it would be bigger news.  dunno.
 
2014-03-06 12:35:46 PM  

Abe Vigoda's Ghost: I could imagine doing nasty things with her


What, like cleaning under the fridge?
 
2014-03-06 12:36:30 PM  
Authorities say her death is as sketchy as bitcoins.
 
2014-03-06 12:36:56 PM  
Faze, not phase.
 
2014-03-06 12:37:04 PM  

Sin_City_Superhero: Abe Vigoda's Ghost: I could imagine doing nasty things with her

What, like cleaning under the fridge?


Artificially inseminating a cow?
 
2014-03-06 12:38:09 PM  

SigmaAlgebra: When you become an anarcho-capitalist, you think crypto-currencies are a good idea. When you think crypto-currencies are a good idea, you set up a crypto-currency exchange. When you set up a crypto-currency exchange, criminal organizations use your exchange to conceal illegal activities. When criminal organizations lose all the money they had on your exchange, you end up with two to the back of the head. Don't become an anarcho-capitalist.


cdn2.damnfunnypictures.com
 
2014-03-06 12:39:52 PM  

rickythepenguin: I'd say no mor than about 6 weeks ago, "Bitcoin Jesus" was on Joe Rogan Podcast, and he was extolling (duh) how awesome Bitcoin is, and the various ways it can/will/has revolutionized international and domestic commerce.

Well.  Maybe about 1-2 weeks after he was on, Apple pulled their Bitcoin app, a major Bitcoin exchange was hacked, then what, a month ago, MTGOX went under, and now this.  It would be mighty interesting to re-listen to this podcast because two of the things *I* remember dude talking about just happened; Bticoin's security was hacked, and an exchange went under. Well i guess counting hers, two, and oh by the way SHE KILLED HERSELF!
And re MtGox, I don't think it was Rogan, perhaps someone on Nerdist or maybe even Carolla, just a couple of weeks ago after MtGox, the guest said they were idiots. I'm no techie but apparently the software platform they used was one that "reputable" financiers / online commerce markets reject because, i hope you're sitting down, it is so easily cracked and untrustworthy. the guy was like, "those guys are farking idiots, it was only a matter of time, but now that they crashed, this is a great investment opportunity to get in on an artificially deflated Bitcoin market."

actually, Jan 27. Andreas Antonopoulos, Bitcoin entrepreneur in those halcyon days of Bitcoin, lo these 37 days ago



1.bp.blogspot.com
 
wee
2014-03-06 12:40:54 PM  

UberDave: I'm only interested if this story has Olivia Wilde in a skin tight light suit.


I was thinking more Cindy Morgan.  Though Beau Garrett is pretty easy on the eye, too.
 
2014-03-06 12:47:24 PM  
She noted that having financial success has a price.
Looks like she...wait for it...cashed in her chips

/In honor of rickythepenguin's presence
 
2014-03-06 12:48:40 PM  

gnosis301: Faze, not phase.



the situation needs to gel before we take action.
 
2014-03-06 12:48:44 PM  

Two16: SigmaAlgebra: When you become an anarcho-capitalist, you think crypto-currencies are a good idea. When you think crypto-currencies are a good idea, you set up a crypto-currency exchange. When you set up a crypto-currency exchange, criminal organizations use your exchange to conceal illegal activities. When criminal organizations lose all the money they had on your exchange, you end up with two to the back of the head. Don't become an anarcho-capitalist.


So how much did you lose in this scam friend?
 
2014-03-06 12:52:01 PM  

InitialCommentGuy: Two16: SigmaAlgebra: When you become an anarcho-capitalist, you think crypto-currencies are a good idea. When you think crypto-currencies are a good idea, you set up a crypto-currency exchange. When you set up a crypto-currency exchange, criminal organizations use your exchange to conceal illegal activities. When criminal organizations lose all the money they had on your exchange, you end up with two to the back of the head. Don't become an anarcho-capitalist.

So how much did you lose in this scam friend?



victorstuff.com
 
2014-03-06 01:01:29 PM  
The usual fark bitcoin fanatics are no where to be found.
 
2014-03-06 01:06:01 PM  
Bitcoin: lulz.
 
2014-03-06 01:06:30 PM  

Nemo's Brother: The usual fark bitcoin fanatics are no where to be found.


What is it you would like from them? I bet they don't know why she died either.
 
2014-03-06 01:11:41 PM  
I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.
 
2014-03-06 01:22:09 PM  

teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.


You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT
 
2014-03-06 01:37:49 PM  

ransack.: teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.

You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT


They're for Mining. The act of Mining does two things - the hardware evaluates and confirms network transactions, meaning it helps control and add safety to the exchange process, and it also slowly generates new coins.

All it is is basically running software doing a shiatload of calculations - mostly just to slowly do the adding math, but also to run the network.
 
2014-03-06 01:49:21 PM  

LasersHurt: ransack.: teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.

You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT

They're for Mining. The act of Mining does two things - the hardware evaluates and confirms network transactions, meaning it helps control and add safety to the exchange process, and it also slowly generates new coins.

All it is is basically running software doing a shiatload of calculations - mostly just to slowly do the adding math, but also to run the network.


Couldn't the software do something useful, like Folding@home or something? Instead of just.. I don't know, I still can't understand it. Is there a central authority that issues bitcoins? How would you go about verifying that bitcoins are real? Is there a theoretical way to counterfeit a bitcoin?

From what I understand, a person can actually store bitcoins on a device, the existence of which isn't recorded elsewhere (there was a link here a while ago about a Brit that threw a hard drive with $9million worth of bitcoin in the garbage). What's the security that stops a person from faking bitcoins?
 
2014-03-06 01:57:49 PM  

ransack.: LasersHurt: ransack.: teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.

You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT

They're for Mining. The act of Mining does two things - the hardware evaluates and confirms network transactions, meaning it helps control and add safety to the exchange process, and it also slowly generates new coins.

All it is is basically running software doing a shiatload of calculations - mostly just to slowly do the adding math, but also to run the network.

Couldn't the software do something useful, like Folding@home or something?


Lots of people wonder that, and right now there are projects that use BOINC. My pet one is called CureCoin, launching soon, which uses Folding@Home as a workbase. It's not a one-to-one comparison but it's the same concept, the CureCoin itself is an "improved" Bitcoin clone.

Instead of just.. I don't know, I still can't understand it. Is there a central authority that issues bitcoins? How would you go about verifying that bitcoins are real? Is there a theoretical way to counterfeit a bitcoin?

There is no central Authority at all. Instead, the entire transaction ledger is public. Endpoints anonymously verify transactions several times over, so there is always redundant oversight. In theory, you can't erroneously create them, duplicate transactions, etc. The network has a full ledger and can immediately spot broken chains.

From what I understand, a person can actually store bitcoins on a device, the existence of which isn't recorded elsewhere (there was a link here a while ago about a Brit that threw a hard drive with $9million worth of bitcoin in the garbage). What's the security that stops a person from faking bitcoins?

They can be stored offline, but any transaction must involve the network, and therefore will be verified.

It's not 100% perfect, but it's open source software under constant development. Recently there was a "transaction malleability" bug that was found which could potentially allow for duplicating transaction to "skim" bitcoins off. This has since been patched. Mt. Gox tried to blame their losses on it, but frankly nobody who understands the code buys that for a second. They were probably just negligent.
 
2014-03-06 02:14:09 PM  

LasersHurt: ransack.: LasersHurt: ransack.: teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.

You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT

They're for Mining. The act of Mining does two things - the hardware evaluates and confirms network transactions, meaning it helps control and add safety to the exchange process, and it also slowly generates new coins.

All it is is basically running software doing a shiatload of calculations - mostly just to slowly do the adding math, but also to run the network.

Couldn't the software do something useful, like Folding@home or something?

Lots of people wonder that, and right now there are projects that use BOINC. My pet one is called CureCoin, launching soon, which uses Folding@Home as a workbase. It's not a one-to-one comparison but it's the same concept, the CureCoin itself is an "improved" Bitcoin clone.

Instead of just.. I don't know, I still can't understand it. Is there a central authority that issues bitcoins? How would you go about verifying that bitcoins are real? Is there a theoretical way to counterfeit a bitcoin?

There is no central Authority at all. Instead, the entire transaction ledger is public. Endpoints anonymously verify transactions several times over, so there is always redundant oversight. In theory, you can't erroneously create them, duplicate transactions, etc. The network has a full ledger and can immediately spot broken chains.

From what I understand, a person can actually store bitcoins on a device, the existence of which isn't recorded elsewhere (there was a link here a while ago about a Brit that threw a hard drive with $9million worth of bitcoin in the garbage). What's the security that stops a person from faking bitcoins?

They can be stored offline, but any transaction must involve the network, and therefore will be verified.

It's not 100% perfect, but it's open source software under constant development. Recently there was a "transaction malleability" bug that was found which could potentially allow for duplicating transaction to "skim" bitcoins off. This has since been patched. Mt. Gox tried to blame their losses on it, but frankly nobody who understands the code buys that for a second. They were probably just negligent.


How is it that bitcoins are used for money laundering and illegal transactions if the entire ledger is public? Are the sender and recipient obscured in every transaction, or could a person/government trace the activity of a given entity? Or the path of a certain bitcoins, I assume they have hashs or serial numbers like dollars? Or is that totally wrong?

Thanks for this insight BTW, I've been confounded by this for a while and you seem like an expert
 
2014-03-06 02:19:38 PM  

LasersHurt: ransack.: teenytinycornteeth: I'm still completely confused and afraid trying to wrap my mind around how bitcoin exists.  Someone told me the other day that it was actually like...energy squeezed out of kbs or something insane like that.  All this time I thought it was just like "here's 100.00 and that represents 20 of your mysterious bitcoin" like buying chuck e. cheese tokens.  Now I'm wandering in a desert of ignorance like a caveman. I just don't get it.  At all.

You and me both. Apparently you can buy USB dongles on Amazon that make bitcoins? I've seen servers full of these dongles, it's a computer you just plug in and somehow it generates bitcoins?

I DON'T GET IT

They're for Mining. The act of Mining does two things - the hardware evaluates and confirms network transactions, meaning it helps control and add safety to the exchange process, and it also slowly generates new coins.

All it is is basically running software doing a shiatload of calculations - mostly just to slowly do the adding math, but also to run the network.


I mean, I understand that obviously its too complex to get into here and obviously I know exactly zero about programming, but it still doesn't make sense.  Mining what?  Nothing on the net is real.  Everything is theoretical.  So i come up with a program that does math all day and for every 1,000 math problems it's worth one bitcoin?  Says who?  Honestly, I'm not expecting anyone to be able to explain it, I'm just totally baffled.  Perhaps this is how people felt when money was first invented.
 
2014-03-06 02:28:18 PM  

ransack.: How is it that bitcoins are used for money laundering and illegal transactions if the entire ledger is public? Are the sender and recipient obscured in every transaction, or could a person/government trace the activity of a given entity? Or the path of a certain bitcoins, I assume they have hashs or serial numbers like dollars? Or is that totally wrong?

Thanks for this insight BTW, I've been confounded by this for a while and you seem like an expert


The ledger shows encrypted addresses, but there are no links to individuals. You could have a bitcoin wallet and address in minutes by downloading a wallet app and firing it up.

It is possible to track things, somewhat, if you know someones address or transaction IDs, but only to a certain extent.

And I'm still pretty far from an expert here, its just a very complicated and fairly unique thing. I got into it as a hobby, little trading, little mining - not putting money in, just time and effort to poke around.

teenytinycornteeth: I mean, I understand that obviously its too complex to get into here and obviously I know exactly zero about programming, but it still doesn't make sense.  Mining what?  Nothing on the net is real.  Everything is theoretical.  So i come up with a program that does math all day and for every 1,000 math problems it's worth one bitcoin?  Says who?  Honestly, I'm not expecting anyone to be able to explain it, I'm just totally baffled.  Perhaps this is how people felt when money was first invented.


It's definitely all virtual, its just that there is an agreement that it has value and is real. As long as that keeps up, Bitcoin (or other cryptocurrencies) will be a thing.
 
2014-03-06 02:58:13 PM  
I'm going with the idea she got hacked and didn't want to live like the poor so she off herself.
 
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