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You could try litecoin that has a much lower value transaction fee.
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You should play a bitcoin lottery definitely. Also if you offered a litecoin pool that also played a litecoin lottery I might join soon if difficulty keeps going up.
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Yes people are probably gambling instead of playing poker. You shouldn't complain and just tighten up and you'll make more money. Just play by pot odds and only go all-in with the nuts. I used to play lot's of penny-poker on PokerStars and made lots.
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We have now purchased our second BFL SC Single 40GH/s ASIC taking us to 80GH/s over about ~1900 shares or over 40MH/s a share. Our current wallet is left with 34.792BTC but we will need up to $600 for the import VAT of both devices. If we can sell 650 shares from our offer at 0.30BTC each then we can fully pay for our third ASIC taking us to 120GH/s over 2600 shares or over 46MH/s a share.
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Of course greed is the easy answer, but seriously, people who are intelligent enough to build and maintain mining rigs fall for the oldest trick in the book?
This is why people with poor business models like BFL can thrive in this environment. Obviously this community has a heavy dose of greedy folks.
It's simply a shame because I believe the point of bitcoin was to escape greed to a large degree, yet here we are...
Just a shame really.
So many people got involved because most of the major voices on this forum were supporting Pirate offer. Anyone who tried to question the logic of it all got shouted down. |
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I use online wallets but I think you just need to copy and backup the wallet.dat files in both of your wallets then add them files back into your new wallets.
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Just a thought if you guys think about white knighting better do it for free. Wanna play this American game? Here I made something for you so you can use it but you need this new currency to pay me... oh btw to buy this currency you need to get USD first. This thread is a testament to the delusional state of the bitcoin community. So much as introducing bitcoin to new cultures, bawahaha doing great  I've never used USD to buy or sell bitcoins. |
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Might be Pirate washing his coins before paying out on Friday??
are Pirates coins dirty? Maybe he just wants to hide his tracks?? |
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Might be Pirate washing his coins before paying out on Friday??
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I just want to chime in on the compromise.
There was no unusual activity around the time of the attack, meaning there wasn't a large number of attempted logins.
GLBSE uses SSL from the browser to Cloudflare and from Cloudflare to the GLBSE server, cloudflare can minify JavaScript (hence the "we may change site content" in their TOS). I have a paid service with them.
I specifically told nedbert9 that GLBSE is not vulnerable to session hijacking attacks, so I don't know why he stated that it was. GLBSE resets the session ID after login which prevents session fixation. We only whitelist certain html elements for PM's and contracts so no XSS, and we use SSL so no man in the middle session sniffing attacks. Session ID's are not predictable or unencrypted.
In my PM I said apart from machine compromise, re-used/insecure password, the only thing I could think of that could be the cause was a session fixation attack, which GLBSE is not vulnerable to.
A session fixation attack requires the attacker to set the cookie in the users browser so the session ID is known, once the user visits a site and logs in, if the session ID is not changed then the (known session ID) becomes a valid session, and the attacker has succeeded. This is prevented by changing the session ID on login and using SSL (GLBSE only allows SSL).
I'm not able to say what caused the compromise, but I can say what it was not.
Nefario
ASICMINER has been compromised? :O //DeaDTerra No. Some shares were lost by Nedbert9 and he tried to figure out why and came to the conclusion the only weak point must be GLSBE with a session fixation attack. What really caused the loss, no idea. Does he use Windoze  |
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You would be best using the server CPU's for litecoin mining. My Atom gets about 0.68LTC a day  |
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I've managed to find a cheaper electricity supplier -
ELECTRICITY
Excluding VAT - 13.444 pence per kwh. When 7.900 kwh has been reached, the price will then go down to 10.653p per kwh.
Hopefully I will be able to only charge RSM's use in the £0.10653/$0.1684985/€0.1345474 price range.
Woops forgot 20% VAT so that's actually £0.127836/$0.20241552/€0.16149522 |
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I've managed to find a cheaper electricity supplier -
ELECTRICITY
Excluding VAT - 13.444 pence per kwh. When 7.900 kwh has been reached, the price will then go down to 10.653p per kwh.
Hopefully I will be able to only charge RSM's use in the £0.10653/$0.1684985/€0.1345474 price range.
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I'm thinking of moving my GLBSE listed mining company "RSM" over to 100% renewable sourced green electricity. It will only cost about ~£0.14xxx per kW/h.
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I have emailed you the relevent info and read the irc chat. Does this mean the debt information of each of your PPT is going to be given to Pirate. He will just decide to pay the big accounts where he has the most chance of comebacks and sling the rest  Anything below BTC10.00 he'll just delete. If he had enough funds to pay them all he would just give you the money. I hope I'm wrong and he just wants to pay everyone at the same time but it doesn't look like it and I feel the small accounts won't even get looked at. Can you advise on that. |
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The fact that he's still taking bets shows he is sure he has a way to avoid paying, and maybe even making you pay, so increasing it now seems pretty stupid.
Wisdom. Or I'm just sure I'll win.  Are you betting with your own coins or has someone else asked you to make this bet for them. You claim to know very little about Pirate and his operations yet you don't come off as stupid enough to make a blind bet on a whim with such a large amount of your own cash. |
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#~ Was this bet made with your own money or are you being someone sockie for this bet???
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*endless-speculation*
Look, I'm tired of this thread popping up under "Show unread posts since last visit" so I'm going to put an end to it. This address is mine. ...or soon will be: Bwahahahahahah!!!1!  I laughed and I laughed. +1.... haha So only 122,462,095*amount of time since Stone Henge was approximately built circa 5000 years ago Tho this calculation doesn't take into account of this - http://en.wikipedia.org/wiki/Technological_singularity  |
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So what happens to roads in ghettos who pays for them? Or do you just put them all in jail and send the rest back to Mexico. The US has the highest prison population per-capita of any nation by a long shot. WTF is going on with your justice/education system?
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