Like the devs and MaGNeT mentioned its great that you have a long term(year)plan Where most coins fail is their focus on short term planning.
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The engine refers to Bitcoin the new treading engine is for trading, Actually your post doesn't make any sense, I have no idea how to explain it to you. It refers to the bitcoin trading engine not the litecoin trading engine
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They're not going to add it soon because the trade volume isn't even high enough. To many people are hoarding coins they're going to ruin the entire monetary system.
B*llsh*t. Yeah, well, supposedly it is July now. This is from Gox's facebook page 20+ hrs ago
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MtGox · 11,862 like this 23 hours ago · ..
Dear Mt. Gox Customers and Bitcoiners,
The reaction since yesterday’s statement regarding the temporary suspension of U.S. dollar withdrawals has had mixed reactions, and raised more than a few questions about why we had to take this step right now. Rather than be subject to inaccurate speculation we’d like to clarify some points here. Due to pending matters we are unable to get into everything in great detail, though we’d certainly love to and are looking forward to the opportunity.
1) The problem with the U.S. withdrawals (and even other currencies for that matter) is that our bank can no longer handle the volume of withdrawals. They struggled in the last two months, and the increase due to the Dwolla separation has made it increasingly more difficult. The pressure we brought onto the bank’s resources finally gave in, and we are now working with them to find an alternative method (hence the suspension). We would have preferred to give notice if we were able to, but it was sudden for us as well.
2) We are now working with new banks and alternative methods for transmitting money to our customers. This does not mean we are stopping entirely within the next two weeks, but it will be slower than we would like. We are literally going to use our manpower to process withdrawals ourselves, manually. This will take more time, but we are dedicated to doing as many per day as possible. We announced a suspension in order to manage expectations while we deliver at a temporary reduced rate. Our goal is to have a new system set up in the next weeks with clarity for both the banks and for our customers.
3) Our previous release was rather vague, but for a reason. Mainly, we don't want to upset our bank! They do great work, but our kind of business is completely new to the banking industry. Processing international wires does not just involve pushing a button. It requires real manpower processing everything individually, even in this modern computer age. While Bitcoin's power lies in its ability to transfer fast and securely through software, the rest of the financial world does not operate like that (contrary to popular opinion). Money is surprisingly analog in many ways, and scarily digital in others.
4) Every customer’s funds are safe, sound, and accounted for. In fact, in our dealings with the Japanese financial regulators we have been assured that we are not under local pressure or suspicion and can operate as usual within normal legal frameworks.
5) Mt. Gox is certainly not a martyr, but it would be hard to argue that we aren’t "taking one for the team" as far as Bitcoin is concerned. We are a big target, and are absorbing the frustrations of Bitcoiners, regulators, banks, and a media that still doesn't quite understand what Bitcoin is. This is a job we are happy to fill, and not just because we are compensated for it. Our hope is that, once Bitcoin finds its place, we will be able to say that we made a difference in sorting it all out in the early days. New exchanges, business models, merchants, traders, and consumers are rising up to innovate and create a whole new way of doing business. A lot of lawyers are getting new cars in the meantime too.
6) As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning.
7) The new trading engine is finished, is smokin’ fast, and is currently undergoing bench tests. We’re looking forward to deploying it very soon.
While not the most in-depth update we'd like to give, we hope that it has at least clarified a few things. In the next few weeks we are planning to do another AMA on Reddit when we’ll hopefully be able to answer many more questions and also shed some light on what’s been going on at Mt. Gox these past months. Thank you for your patience and support.
The engine refers to Bitcoin
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I won't be able to check my PC for a while in a few months.. What happens if I dont update the client when its neccesary?
Nothing! The wallet.dat file is important, just keep it. Just dont forget to encrypt your wallet.dat and compress it with a password. I would make at least 2 copies of it and store in a safe location. I won't be able to check my PC for a while in a few months.. What happens if I dont update the client when its neccesary?
Nothing! The wallet.dat file is important, just keep it. Just dont forget to encrypt your wallet.dat and compress it with a password. I would make at least 2 copies of it and store in a safe location. Also don't forget to not forget your password Thanks for the tips Made 1 back-up but 2 is better, not to mention that forgetting my password would be terrible
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I won't be able to check my PC for a while in a few months.. What happens if I dont update the client when its neccesary?
Nothing! The wallet.dat file is important, just keep it. Ok great thanks . I read in CAPS somewhere to update the client before a certain block, so became a bit worried
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I won't be able to check my PC for a while in a few months.. What happens if I dont update the client when its neccesary?
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Are there any bigger selling offers? Except for Cryptsy which are relatively small?
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1PVuAtGiRSpmuZVhPiBxStWPuPHjaA9mEr
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When was the last time ( if ever) that the founder replied?
Founder of Bitcoin? You mean Satoshi? Are you asking when he last replied on the Forum, or the last time he communicated directly with anyone? His last public post in the forum was December 12, 2010. There's more work to do on DoS, but I'm doing a quick build of what I have so far in case it's needed, before venturing into more complex ideas. The build for this is version 0.3.19. - Added some DoS controls As Gavin and I have said clearly before, the software is not at all resistant to DoS attack. This is one improvement, but there are still more ways to attack than I can count. I'm leaving the -limitfreerelay part as a switch for now and it's there if you need it. - Removed "safe mode" alerts "safe mode" alerts was a temporary measure after the 0.3.9 overflow bug. We can say all we want that users can just run with "-disablesafemode", but it's better just not to have it for the sake of appearances. It was never intended as a long term feature. Safe mode can still be triggered by seeing a longer (greater total PoW) invalid block chain. Builds: http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.3.19/Here is the list of all his posts to this forum: https://bitcointalk.org/index.php?action=profile;u=3;sa=showPostsThanks! Was curious if he was still active but apperently not on the forum
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6omDFNax46XMRNJiho9wkbGtGfxdk3WBAm
thanks !
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And still waiting
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nice
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Phenixcoin to tha mooooooooon
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Waiting for an update waiting as well
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Well doomsday didn't happen!
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lol I remember Dank once asked for a loan of about 1/4 of all Bitcoins that had ever been mined at that time But this is different, he was a scammer. I never consciously scammed anybody, I failed to make one payment. And I don't have a brother. Well, it seems that the mods also consider you as a scammer. You Sir ROCK He was once a hero it seems... Imagine if there was sucha movie. "The scammer hero" directed by mprep. The text on the poster of the movie says„He was once a hero it seems...”... Ah... imagination. Please give Samuel Jackson a role in that movie! Instead of "from zero to hero" it is "from hero to zero" XD As they say 'you die a hero or live long enough to become the villain' Bitcoinman? Here he is. You sir ROCK!
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