I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
gist.github.com
I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
1–10 of 29 posts
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#2Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#3The Washington Post had it right in 2015 even though they didn't even use the neologism "hodl":
> - Hey, do you want to hear about the future? It's a digital currency called Bitcoin that lets you spend or move your money online without paying any fees. - Sounds great. How does it do that? - Well, Bitcoin saves you money by making transactions irreversible. - So ... if I get scammed, I got scammed? There's nothing I can do about it? - Yes. - Okay, but is it at least easy to use? - The thing is, I don't actually use it. I just hoard it. I'm waiting for some greater fools to push up the price by using theirs. - Oh. - Yeah. So you should buy some Bitcoins and use yours.
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#4Ah yes when the Nakamoto Scheme (name courtesy of https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ ) begins to run out of steam, of course those with stakes need to do something to get the scam back on track. And HN fell for it, hook line and sinker. The Washington Post had it right in 2015 even though they didn't even use the neologism "hodl": > - Hey, do you want to hear about the future? It's a digital currency…
I don't buy that someone spent a million dollars (plus invested time to make the game) for fun with no way to make money back.
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#5Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#6Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#7Ah yes when the Nakamoto Scheme (name courtesy of https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ ) begins to run out of steam, of course those with stakes need to do something to get the scam back on track. And HN fell for it, hook line and sinker. The Washington Post had it right in 2015 even though they didn't even use the neologism "hodl": > - Hey, do you want to hear about the future? It's a digital currency…
I don't see HN falling for anything, unless you mean this submission appearing on the front page. In which case I see someone showing how a lame cryptocurrency treasure hunt used cryptography badly, making the challenge easy to solve without waiting for hints to be provided.
The most interesting part for me is actually that dictionary attacks are easy enough that you can use a Ruby script to get it done in a few seconds.
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#8Some context: https://bitcoinmagazine.com/articles/satoshis-treasure-the-c...
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#9Ah yes when the Nakamoto Scheme (name courtesy of https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ ) begins to run out of steam, of course those with stakes need to do something to get the scam back on track. And HN fell for it, hook line and sinker. The Washington Post had it right in 2015 even though they didn't even use the neologism "hodl": > - Hey, do you want to hear about the future? It's a digital currency…
My immediate reaction to satoshis treasure hunt is that it feels like a scam. Is drumming up more interest in bitcoin enough of a goal? I don't buy that someone spent a million dollars (plus invested time to make the game) for fun with no way to make money back.
If you have many millions of dollars in bitcoin, or are a consortium that does, how do you remove any sizable chunk of that money without tanking the market? One way might be to get people interested, and wanting to buy bitcoins, which allows bitcoins to be liquidated easier without affecting the market.
Does this accomplish that, and how large does the amount of money that needs to be moved need to be before wasting one million worth of it to manipulate the market with no guaranteed payout becomes worth it? I have no idea. It's a fun story though, and ultimately, that's what bitcoin is best at. Providing interesting stories.
Re: I Obtained Satoshi's Treasure Keys 1, 2, and 3 in Minutes
#10Ah yes when the Nakamoto Scheme (name courtesy of https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/ ) begins to run out of steam, of course those with stakes need to do something to get the scam back on track. And HN fell for it, hook line and sinker. The Washington Post had it right in 2015 even though they didn't even use the neologism "hodl": > - Hey, do you want to hear about the future? It's a digital currency…
There isn't much reason for you to get mad, bro, because other people are having fun on the internet.