I'm glad he did this and have proven he is still in possession of the coins.
Well, he killed any good faith that created with his latest update on the redirect page: Users whose trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step SMS security authentication feature for as long as they hold their account. Let me get this straight. Step 1) Get hacked due to negligence. Step 2) Implement 2-factor authentication. Step 3) CHARGE FOR IT. Step 4) Profit. Seriously... WTF. I suppose that's fair. Thx. There's a few other threads addressing this... especially http://forum.bitcoin.org/index.php?topic=21405.0;allShort version: MtGox has upgraded security across the board. 2-factor authentication will be available for those who desire even more security. This service costs money to operate, and so cannot reasonably be offered free of charge except as a perk. |
|
|
|
these banksters are having more and more battles to fight and even though they are quite a daunting adversary they are losing steam and breaking down behind the scenes. They will attempt all they can to maintain their face through fear, and the more they try and the bigger their stunt the more we realise how week and desperate they are and not the other way round. Fear is a very very weak level of power and I remain utterly convinced that this control system is done with one way or another and the world will be rid of these parasites gradually in a manner that we collectively can handle. I expect and contribute my thoughts and action to the dismantlement of this illusion.
+1 The fearful and the uneducated make up the masses. Maybe most people just don't want to look for a different path. First you have to know there's a different path and that it's valid. If you notice the disinformation agents embed themselves in a group of "tin foil" hat wearing conspiracy theorists to trivialize their ideas so others don't take them seriously. It seems on these boards the idea is to disrupt conversation and turn the community agains one another. We must be careful to not be too harsh with each other. I think the topica of this board is valid. It doesn't matter who the "sources" are. The point is that if it is not happening, it will. Given the numer of trolls on these boards we can only assume it is. |
|
|
|
Hi Slush,
I posted before the recent D jump to 877k, unfortunately soon after there was the attack on ur pool and I know you were really busy getting it up again. Now I'd like to bring my concern up again. I've not really arrived at an average that is close to my expected rate of BTC before and I have not now.
My expected at current difficulty is ~3.7 BTC/day and with 2% stales it's still ~3.6 BTC/day. I'm seeing 2.7ish and a 7-day average of 2.45ish. This is much similar to my previous post % of around 30% difference between my 7-day average and my expected returns. I've been busy to change my script to test out other pools and I'd like to ask for some sort of justification.
Judging from what I hear from others, they are getting pretty close to the expected value thus I'm feeling like there is some kind of fault on my end, however I'm not seeing it. Your previous reply indicated there might be some problems with my miners. I've stayed with them and I'm seeing no issues, just for info I'm running
Ubuntu 11.04
Phoenix 1.5 w/ phatk @ VECTORS BFI_INT WORKSIZE=256 AGGRESSION=13
CCC 11.5 + SDK 2.1
AMDOverdriveCtrl 1.2.0
2x5970 ~750 Mhash/s ea. (OC @ 850/300 FS: 100% ~ 75 celcius)
5x5850 ~355 Mhash/s ea. (OC @ 900/250 FS: 100% ~ 65 celcius)
Stales at around 2.3% average.
These are on 2 dedicated machines, I've got problems running my other 5850 and 4850 since my 3 year'o 600 W PSU blew but still. Please advice. TIA
Are you saying that you are expecting 3.7 and only getting 3.6 and you are concerned about this? Please tell me you're not serious. Am I missing something? |
|
|
|
however, it cuts down a little on people having more than 50 accounts each.  No they will just not be as secure as "paying" members. |
|
|
|
While the OP's suggestion that a large financial institution was behind the mtgox hack has no evidence, his/her suggestion of a link between large financial institutions and Chuck Schumer is a matter of fact. You can see on www.opensecrets.org (as previous poster did) how much Chuck receives directly from financial institutions. Schumer didn't learn about bitcoin because he likes to surf the web and read up on tech stories. He learned about it from the same people who told him what bitcoin is and what he should do about it. A good example of what will eventually happen can be found in the recent attempt by AT&T to keep Wisconsin public schools/libraries from completing the fiber network they are working on. This guy did a good synopsis if you missed it in the news. http://bit.ly/lD8N8xIf you don't think a large company will bribe public officials to have them write legislation to destroy a competitor, you haven't been reading a broad enough sources of news. Well then, it's a good thing that LulzSec is on our side... LOL Does LulzSec have a "side"? LulzSec has many sides. I walked right into that one!!  |
|
|
|
The credit card companies have nothing to fear from us. We need them just as much in a bitcoin world as we do under our current system.
But they don't need us. |
|
|
|
While the OP's suggestion that a large financial institution was behind the mtgox hack has no evidence, his/her suggestion of a link between large financial institutions and Chuck Schumer is a matter of fact. You can see on www.opensecrets.org (as previous poster did) how much Chuck receives directly from financial institutions. Schumer didn't learn about bitcoin because he likes to surf the web and read up on tech stories. He learned about it from the same people who told him what bitcoin is and what he should do about it. A good example of what will eventually happen can be found in the recent attempt by AT&T to keep Wisconsin public schools/libraries from completing the fiber network they are working on. This guy did a good synopsis if you missed it in the news. http://bit.ly/lD8N8xIf you don't think a large company will bribe public officials to have them write legislation to destroy a competitor, you haven't been reading a broad enough sources of news. Well then, it's a good thing that LulzSec is on our side... LOL Does LulzSec have a "side"? |
|
|
|
I'm glad he did this and have proven he is still in possession of the coins.
Well, he killed any good faith that created with his latest update on the redirect page: Users whose trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step SMS security authentication feature for as long as they hold their account. Let me get this straight. Step 1) Get hacked due to negligence. Step 2) Implement 2-factor authentication. Step 3) CHARGE FOR IT. Step 4) Profit. Seriously... WTF. Right. They need to think that one through a little better. |
|
|
|
I will try your service soon and post the results here to let BTC users know fast you can actually deposit and withdrawal from your company. We need more exchangers please.
Maria.
I am afraid we may not be able to respond fast with Dwolla at this exact moment. We are under verification period at the moment and we have already been waiting for their feedback more than 48 hours. Welcome  What's the status with Dwolla? Can any business be done with them or is it just slow presently? I just transferred US$$ to Dwolla to forward to my B7 acct...? |
|
|
|
A data point.
I've used them yesterday:
- send 100 euros with SEPA wire. Money showed up in account within a day.
- traded euros against BTC
- send the BTC to my wallet
On the plus side:
- Everything worked fine.
- The site is fairly respoonsive and easy to use
- They (for now) seem to be honest
- You can wire trade EUR for BTC directly, a giant plus compared
to both TradeHill and MtGox
On the minus side:
- They seem to have ripped the HTML from TradeHill. Probably not an illegal
move, but something that doesn't speak well for their business ethics
- The trading volume is very small, and a medium-sized trade will move
the market a lot.
- They're based in Bulgaria, a place particularly reknowned for shady internet
business practices.
- They tried to bribe old standing member of the bitcoin community to promote
their site. Probably something that's considered a normal/acceptable business
practice in the backwater hellhole they operate from. It might take them some
time adjusting to international market expectations.
One thing I haven't tried yet is take EUROS out of there with a SEPA wire
from their account to mine.
My recommendation: they seem legit, but I wouldn't trust them with more than
~100 euros worth of my money at a time:
1. Send value (either EUR or BTC)
2. Trade
3. Take value out immediately
Most all that has been covered. Glad it went well for you. You know I would have no problem trusting them with 100 of your euro anytime!!!  |
|
|
|
Are you guy who posted to Reddit saying something like "just some casual mining" and showed box after box of computer equipment in a rented storage locker?
What's with the box of gpu's on the bottom left? Seems like a strange way to stage.... I smell something strange here.... This could be a bunch of used gear being resold or already mined to death and he wants an upgrade. Could you also post a copy of your invoice with sales date please.....? Proceed with caution. Not accusing him but.....just sayin'. |
|
|
|
Hi how long its take to send coin ? or how to check it I mine my 1 coin but it was not send to me ?  Is your send threshold set to 1? Do you have your wallet opened and are all the blocks downloaded? |
|
|
|
You can predict it. Just look at how many blocks to go, and divide by the current blocks/hour rate. That will give you a pretty accurate idea. Right now it's looking like Friday morning.
It will be another doozy.
How exciting!!!! Less BTC, more competition, less trading, less credibility, lower exchange rate!? What could go wrong?What does it take to make the difficulty lower? ummm... no. Less BTC no. 7,000 more per day. more competition ok - yes. so? less trading no. more trading - as those who are motivated purely by money transition from mining to trading and arbitrage. less credibility no. more credibility, as the Bitcoin economy diversifies and expands from mining and speculation into trading and arbitrage. lower exchange rate no. a larger and more diversified Bitcoin economy, with more and more deflation kicking in by design, will inevitably result in a higher exchange rate. I was really talking about a snapshot in time. Presently. And I meant less BTC per miner when difficulty goes up but thanks for the detailed analysis. |
|
|
|
Are we even talking about BTC anymore? What's going on here with this petty drivel? Check yourselves as the enemy engages. The boards are infiltrated. What point are you proving and to whom? Is it serving your own ego? Are you winning?
What have you won?
If you don't understand your enemy you cannot win. Many people on this forum believe the lies that pass for the mainstream view, what I call "the matrix". As long as they do so they will not see the attacks coming even if they are telegraphed. Although, I've almost never seen someone's mind changed via internet forum. I'd be willing to bet somewhere in the CIA there is already a bitcoin task force and I wouldn't be surprised at all if they have been tampering with the infrastructure, hacking exchanges, infiltrating these forums (fora?), and studying the reaction. I know there are those who think government is always just plain stupid (and I think this springs from their own sense of superiority). This kind of hubris will hurt us. This enemy is evil, intelligent, and infinitely resourceful and they've been at this game for a long time. They want to kill bitcoin. Fair points. I agree with you. I think the attacks lately are too concentrated to be 1) coincidence 2) random people in the world trying to steal... Largely government is idiotic as a whole. Politicians who are motivated by greed are shortsighted and therefore, well, stupid. The CIA on the other hand is a different matter. I think the greatest weakness of BTC right now is the number of very young people involved who (begin generalizations) really have no clue how governments operate. They don't know the history of money. They don't understand the complexities and relationships between the industrial military complex and the banking industry. But they do have many opinions!! I would hope people are willing to learn and researching independently the ideas being bandied about here. Spouting off without validation is folly. Anyway, I ramble. I was just trying to bring the tone down to earth. These trolls are having a hay day with some of the forum members. |
|
|
|
Mt.Gox has done a runner with our money and there is nothing we can do but sell every last bitcoin we have in tradehill to try and recover the loss.
That's not true and why should anyone take your advice? |
|
|
|
About blocks #5898 and #5896; They were very short, but both are invalid. Probability of finding two solutions by two pool backends at same time (and twice in the row) is extremely small, but as you see, it may happen.
Pool backends are independent machines, which synchronize data as soon as possible, but broadcasting bitcoin block information is pretty complex stuff, so it may take one or two seconds. In those two blocks, two miners found solution too fast in a row and backends didn't notice that there is already valid solution for this block, so they decide to accept this solution, too. This leads to two 'invalid' blocks, but no (or only very small fraction) of mining power was wasted. I know that two 'invalid blocks' in a row looks weird, but there's not a simple solution to fix this issue and reject invalid block solution when another machine just found valid one.
Thanks for your reply. I see now that the blocks turned out to be invalid, but that if they were OK? The reward would be shared only by the lucky people who submitted shared to those blocks and in one of those cases, a maximum of 60 people would share 50 BTC that really belong to the whole pool. This is what I am trying to fix by suggesting that the rewards of extremely short block runs are shared according to the results of the previous block. Yes, of course my reward was very high for those blocks. Now invalid. Bummer. |
|
|
|
About a week.
A Mt. Gox week or a normal week? A Mt. Gox day is like 3 normal days. Ok, I will give them 'contractor days' which is about double... So, two weeks. chodpaba, Haven't seen relevant posts from you so I pose the question(s).... Use Mt. Gox, no use Mt. Gox? Forgive and forget? Forgive and use and always be shitting yourself?  I plan to continue to support several exchanges including Mt. Gox. But my confidence in each one will have a bearing how much I use them. In any case I do not keep large amounts in any exchange for very long. I move funds in, make my trades, and move funds out. I have a trivial amount still hanging in Mt. Gox, but mostly I am upset about the user list being lifted because I control my privacy pretty carefully, that kind of thing will not fly... Right. I haven't seen it on any thread yet but has Mt. Gox addressed who the auditing firm is or how they interacted with them? I can't get past the knucklehead move. |
|
|
|
Everyone should halt mining for the next 2 days now.
As the darkness of the Abyss swallows your very words...... |
|
|
|
You can follow it with this: http://bitcoinwatch.com/ and look at the block statistics. But it's like 2016 blocks per difficulty increase and the network is doing 260 blocks per day... just a bit under 8 days now. Basically the faster we do those 2016 blocks, the more it cranks the difficulty... if we did it 50% slower, the difficulty will fall, which will never happen considering the number of new machines being added each and every day. So I'm really curious who has the intestinal fortitude to keep mining if: 1) The exchange rate stagnates or (ahhhh) goes down! 2) The difficulty rate keeps going up 3) Scandal persists??? 4) Other stuff, eg, inlaws can't stand the noise, heat, etc., |
|
|
|
I have a forum http://tweetforum.com/bitcoin, so I am def not against the forum platform. But why is it that people make a forum in 5-minutes, without thinking of design/functionality/ or any real content to offer to anyone. Why the hell would anyone want to go to your forum? Ask yourself that... Dude, it's just info. And maybe there will be more that's informative. Chillax. |
|
|
|
|
Show Posts
