Stupid people and weak hands. They must have this idea in their head that if Bitcoin isn't immediately accepted as the new world currency then it's already failed.

I hope they all lost a lot of money just now. We don't need people like that damaging the markets.

If anything that's good news! WTF is wrong with people? China didn't put their magic stamp of approval on it and worship Bitcoin as our new god? How horrible.

Talk about overreacting. Wake me up when people calm down and realise that this isn't even particularly bad news and we're back at the ATH.

What algorithms? IPv4 still does exactly what it was designed to. Comparing IPv4 to encryption potentially being broken makes absolutely no sense. It would've made more sense to mention something like MD5 or DES.

I'm going to move to New Zealand (from Australia) for a year when I sell mine. Fuck giving 45% of my BTC to the government.

Less than $15 behind gold now, and no resistance in the books. This time we're going to fly past it rather than bouncing off like the last two times.

Write the key down with pen and paper. The only advantage of "printing" it is convenience, and you get fancy graphics on the paper.

If you don't trust your computers, just burn a Linux live CD (eg. Ubuntu), unplug the network cable, and boot off the CD. It will not modify or damage your existing operating system unless you deliberately tell it to. Then you can generate a private key using bitaddress or whatever other method you prefer.

In theory this still isn't absolutely 100% secure as there is malware which can persist across operating system reinstalls (BIOS implants), but the chances of this are so low that it's not even worth worrying about.

Someone keeps putting a 100-200 coin buy order right at the current market price on Gox, and moving the order up as the price rises. Choo choo?

I get the feeling that another rally is about to start on Gox.

I sent it from Bitcoin-QT.

Welcome to my ignore list.

7500-6500 is 20% now?

Gox will be $1150 within the hour.

I've been waiting 3 hours now and my transaction still hasn't even appeared on blockchain.info, let alone had any confirmations...

Waste of a 0.0001 transaction fee. Should've just sent it for free and saved my money.

I have not looked at the source code. However, I ran the generator offline on an airgapped computer and printer (has never been connected to the Internet, and never will be even in the future). So unless there is an obvious exploit in the code I trust that it's secure.

I didn't do sample deposits. My reason for having 10 wallets rather than one big one is that in the incredibly small chance that someone has an address collision with me (yeah I've seen all the graphs showing how small the odds are), I'd rather they only take 10% of my money rather than 100%.

I have no further insight to add - but how did it work for people in previous years? I imagine that people sold decent amounts of Bitcoin last financial year, and maybe even the FY before that too.

What if the ATO hasn't made any decision by mid 2014. Do you simply just put it down as CGT, or do you not declare anything as the ATO has not been able to provide advice on what Bitcoin is?

Also, on a related topic, is it possible to move to New Zealand for a year, sell Bitcoins there (as they have no CGT), then move back here with your money? Being out of Australia for a year means you won't be an Australian for tax purposes.

I have 10 of them in my bag (the free one that came with the stickers) and there's heaps of spare room. I think you could probably get 50 in there, maybe even more.

Sue for what...? You can't just sue someone because you don't like them.

Wonder if this is anything to do with 40k coins stolen by SMP. The same thing happened when SR shut down.

So very true. I think this every single time I hear about the "value" of some of these companies.

Instagram was sold not too long ago for many billions of dollars. How the fuck can they possibly expect to turn over a profit? By advertising to 14 year olds who think a grainy photo is cool?

Sometimes I think another dot com bubble is on the way. This is exactly what happened 13-14 years ago - people were throwing insane amounts of money at companies with no real business model (I realise that some bears will probably say the same thing about Bitcoin. It has legitimate potential. So, whatever).

I just hope Bitcoin doesn't get hurt when it all comes down. Maybe the stock market crashing would actually strengthen Bitcoin.