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Steffen Frost
Works at mobileccino
Attended California State University, Chico
Lives in San Francisco
1,849 followers|79,443 views
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Steffen Frost

commented on a video on YouTube.
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Max has another talent, acting.  Great job.  #4/1
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Steffen Frost

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Just donated, keep up the good work!
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Steffen Frost

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Andreas, I wouldn't be so sure that anyone will go to jail. 

"Japan’s financial regulators have been reluctant to intervene in the Mt. Gox situation, saying they don’t have jurisdiction over something that’s not a real currency."

http://www.thestar.com/business/2014/02/28/bitcoin_exchange_mt_gox_files_for_bankruptcy_finance_minister_says_i_told_you_so.html

So who know, the Japanese regulators might not do anything.
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mildseven2006's profile photoSteffen Frost's profile photo
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+mildseven2006 Thanks for the reply.  I was surprised to hear that they are also fiat insolvent.  I can't understand how that could have even happen. The leaked emergency paper showed ~$50M in customer deposits, if they touched those I would hope the consequences are draconian for those responsible.
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Steffen Frost

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Hi BrotherJohnF, I had a comment regarding the flatline charts.  Yesterday I noticed that the $110 price had a huge limit order sitting there most of the day, about 2700 to 3000 buy orders.  The price kept bouncing off of the $110, until late in the day when the limit order amount started to collapse.  Once it hit 600 buy orders, it went to zero in seconds, and then the price crashed down to the $90s.  A few days ago I set a limit order myself at 110, which I later cancelled, but perhaps many others had as well and weren't paying attention, or a large buyer overseas set the limit order and went to sleep.  Anyway, those buy walls were weird, but seeing that limit order at $110 yesterday made me think it was not due to manipulation.
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Steffen Frost

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I get the feeling of acrophobia just watching this.
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Rob Weaver's profile photo
 
Looks like the video got pulled - too bad it was really good
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Have him in circles
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Steffen Frost

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You got the math wrong on the cost of a blockchain transaction, its not $50/tx.
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waldox's profile photoCryptoCoinUser's profile photo
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Blockchain.info does list the cost-per-transaction on the order of $50:
https://blockchain.info/stats
But it seems it counts not only the Tx fees, but also the 25BTC per block rewards. So 99.9% of the 'cost' is the mining rewards. So the inflation of BTC supply is counted towards the Tx cost.
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Steffen Frost

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Any information on efforts by the bitcoin community helping the Japanese regulators with accounting forensics on the lost/stolen bitcoins?
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Steffen Frost

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I would not submit a read only app to Apple.
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Newfination's profile photo
 
I agree, if I was Blockchain I would leave the "ZeroBlock" appwhixh is the leader in information, and create a web based wallet that adapts to the iPhone screen through the browser. In this interview he told me they will try a half-half aproach with a native app with info that links to a web solution.
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Steffen Frost

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Just walk away and don't worry your pretty little head about bitcoin.
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CapitalRev's profile photoSteffen Frost's profile photo
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Good to hear that you've seen the light.  Glad I could help out.  Take care. PD
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People
Have him in circles
1,849 people
Stephan Branczyk's profile photo
Work
Occupation
iPhone Developer
Employment
  • mobileccino
    iPhone Developer, 2011 - present
  • Carticipate, Inc.
    iPhone Developer / Project Manager, 2008 - present
  • Cinegest, Inc.
    Hardware Architect, 2006 - 2008
  • Impulse Devices, Inc.
    Operations / Finance, 2001 - 2006
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
San Francisco
Previously
Stuttgart - Palo Alto, CA - Santa Cruz, CA - Nevada City, CA - Chico, CA - Stuttgart, Germany
Contact Information
Home
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4156803301
Address
2 Townsend Street San Francisco, CA
Work
Phone
+14157305117
Story
Tagline
iPhone Developer
Introduction
iPhone Developer - Carticipate, prior to which Steffen was at Cinegest in early 2006 developing a a high speed solid state storage technology, prior to which he co-founded Impulse Devices, a profitable company where he currently is a member of the Board.Prior to IDI, he worked in the semiconductor industry with 8 years of field sales & management, and 2 years of digital IC design. Steffen received his BSEE from CSU, Chico.
Education
  • California State University, Chico
    BS Electrical Engineering, 1990
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Male
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