You should probably kill those buy positions.
it's people like you that are killing bitcoin. you are fear mongering to sell a shitty product
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wow after reading it all again you might be right bro. lol. and I might have helped who knows anymore.
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this is anonymous currency isn't it? now you're saying you basically want mtgox storing ssn's? what I'm asking is how far are they supposed to take it before it's just.... paypal? why wasn't this guy using a yubikey? at what point do you draw the line and say well.... the end user fucked up?
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HIS email got owned and it's mtgox's fault? wtf is wrong with some of you people? I can't see how this is their fault at all. On a side note I would like the option to maybe pay mtgox a small fee monthly maybe or free whatever so they can make a pin number notation on my account. when someone requests a withdrawal I receive a phone call asking for that pin then its released. its how the company I work for handles certain transactions and it's wonderful. customers get warm fuzzies using it. yubikey would have worked too.
if they reset password on his etrade account and the same happened its etrades fault? c'mon
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he finds out he got hacked and turns off withdrawls for a few days and lets you deposit. he's quiet for a week? you needed that much time to decide you got owned? or you needed that much time to plant logs on servers because you knew the heat was coming? you didn't contact authorities yourself? no FBI? wtf? you just throw up your hands and say receivership? I call serious bullshit on this Tom Williams and am so sorry for all you guys who lost money. expensive lesson.
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I don't know why but something just doesnt feel right about this entire situation. the letter is not convincing me of anything.
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I tried out a new motherboard and psu that got shipped to me yesterday. When everything was set up I tried turning it on and the psu made a single click and the computer didn't turn on. The mobo is a 890FXA-GD70 ( http://www.newegg.com/Product/Product.aspx?Item=N82E16813130274) and the psu is a CORSAIR Professional Series Gold AX1200 ( http://www.newegg.com/Product/Product.aspx?Item=N82E16817139014) If this helps at all I used the power button on the actual mobo and it does light up blue pre click and post click if pressed. I was doing this at 1 am and had to be at work at 9 in the morning so I was rushing a little and may have forgot to do something simple. I'm just looking for possible solutions so I cut down my trial and error time when I get out of work. I hate to ask because it is so simple but still some people tend to forget. Tell me you used standoff's when you installed the motherboard in the case.
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Whats with this bitcoinmoney website you are quoting this article from? it's a blog full of bitcoin haterade. comparing bitcoins to stored value cards? it's apples and oranges. just seems like fear mongering to me.
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Usually a wall supports the roof of your house and also creates enclosures to make rooms.
sigh
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I'll finish reading right after I put up a 15k BTC ask wall at $12.
That's awfully bullish of you. My 15k BTC ask wall is going at $11.80. If the price hits 11.80 will all those coins you have a buy order for drive the price significantly? Whats the purpose of a "wall"?
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Why would they? They will continue to put their orders in, and if miners continue to sell at outrageously low prices, traders will continue to buy. If all the miners secretly got together tomorrow and halted selling for 2 weeks the price would double. However this is a small market, and when you have thousands of people trying to make back thousands of dollars in equipment things will get ugly fast. The market is being flooded by cheap coins because of the new miners that have come into the game. Anyone who bought in with equipment should seriously consider holding on to their coins for at-least a couple of months, cause selling now doesn't help anyone including themselves...
I think the biggest problem is that you have a bunch of finance people literally praying on a bunch of nerds (I include myself thank you). They know how to manipulate this small market, and seriously work us to their advantage. The money that we trade on a daily basis is JOKE money to these people. You think your $10,000 is hot stuff? These people have millions... And they can easily manipulate us into making stupid decisions and giving up our Bitcoins for prices that are simply unacceptable! Just because your fiat reality has you under the ropes doesn't mean your Bitcoin reality needs to look the same way...
We are a community of IT professionals, and IT people are known for knowing "everything". It's time for everyone to start picking up some day trading books, and learn how trading markets work. I don't mean that in any detrimental way, but the facts are true. These *firms* are running huge games on us, and everyone seems to be following them like lost puppy's...
cool story bro Anyone telling anybody anything less is LYING. If you're a miner STOP SELLING YOUR COINS, they are more valuable than you think. Hold them or if you need to buy stuff buy it in Bitcoins. There is literally enough stores now where you can find almost anything you need in BITCOINS https://en.bitcoin.it/wiki/Trade. Keep the money in the Bitcoin economy till at-least prices stabilize. You actually spoke directly to me. This post was VERY useful. I have been selling at outrageous prices out of fear AND ease. If the price was 14.60 per btc I would sell at 14.55 because it sold instantly. So me being part of the problem I'm not selling anymore. I'll sit on them. But with that being said, WHEN do I pull the trigger? How many coins are too many at one time? Do it in blocks on different days or at once. Early in the AM or in the afternoon? Which price range should I shoot for? These are all questions I don't have answers to.
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I was making say $210.00 per day at $14.50 and the old difficulty and now at $11.75 and the new difficulty say i'm making $110.00 per day
If you're excluding electricity costs, you were mining 14.5 btc per day at the old 1690906 difficulty level at about 24.4 GH/s. At the new difficulty level of 1888786, you're making about 13 btc per day and at $11.75 per btc, that's a hair over $150 USD per day. 11.7% jump in difficulty... 19% drop in BTC to USD value... Just ride it out. You must of had a relatively large investment in mining hardware. Cheers, Kermee I am. appreciate it. just feels better to talk it out sometimes.
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So you're not losing anything, you're simply earning less. There is a very, very large difference.
I like the way you put that. it gave me a warm fuzzy and calmed me a little. heh
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I was making say $210.00 per day at $14.50 and the old difficulty and now at $11.75 and the new difficulty say i'm making $110.00 per day
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With the new difficulty combined with today's CRAPTASTIC prices hovering in the high 11.9's compared to the last difficulty and prices around 14 i'm losing about $100 per day. Are you guys selling or hoarding? This shit is giving me heartburn lately.
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how does this article not apply to mtgox tradehill etc etc? isn't it the same thing? this article was alarming to me.
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Thank you for the update bruce, very relevant information. I'm bringing a couple people and I wasn't worried about how much it looks as much as I was worried about what kind of speakers you were going to have. Thanks again for the update.
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+1 to you.
Why not just pay the 2 bitcoins and attend? The "vendor table" expo is only for 2 hours of the 2 days anyway. Wow only 2 hours That's not good
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thanks for the info Gabriel. see you there I guess. just hope I don't look like an asshole bringing some very important investors to this thing. Im hoping for the best! bring some t's regardless. I'll ninja buy some. lol
Explain it to them this way: if it was already a large, formal conference, it would already be too late to invest. Think of it like being invited to the garage where Google started their operations. That would have been the greatest time to invest in Google, even it would have just looked like a couple of teenagers playing around on a computer. +1 to you.
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