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1701  Bitcoin / Development & Technical Discussion / Re: Sabatoge: "Losing" Bitcoins on: June 21, 2011, 08:29:41 PM
How will fractional transactions be expressed if such a sabatoge took place?

Seems cumbersome to ask for 10^-8.002345 coins as payment for a product or service.
1702  Bitcoin / Development & Technical Discussion / Sabatoge: "Losing" Bitcoins (AKA the Goldfinger Attack) on: June 21, 2011, 08:02:12 PM
Is it possible to sabotage Bitcoin by accumulating coins (through purchase, theft, or exchange breach, etc.) and then deliberately destroy the wallet that contains the key to these coins?

Presumably these coins are henceforth lost, essentially.

1703  Bitcoin / Bitcoin Discussion / Re: Place your bets: the price of bitcoin after Mt.gox opens on: June 21, 2011, 07:01:50 PM
$27.90
1704  Bitcoin / Bitcoin Discussion / Re: Awaiting the great MtGox Cash Out on: June 21, 2011, 06:45:52 PM
I have created a file going through the latest 4000 posts on the Bitcoin.org forums, taking that number down to 1984 after eliminating any non Mt. Gox related posts.

These 1984 posts were then gone through two systems set up where, in short, would mark the threads as "Pro-Gox" or "Anti-Gox"

Seeing as how this whole market is based upon speculation and fear, I went ahead and determined exactly what will happen in the following 2 week time (1 week guaranteed only, acts of god etc), and I will release this information to you for the mere donation of .0069 Bitcoin


*Estimate time of delivery of files 6-8 weeks

*Offer void


All I need to hear, is that you are taking bitcoins as payment for your bitcoin market analysis!  Grin

 Cool Cool Cool Cool
1705  Bitcoin / Bitcoin Discussion / Re: Awaiting the great MtGox Cash Out on: June 21, 2011, 05:22:57 PM
Personally I am planning on cashing out my coins as soon as MtGox is back online. It's gonna be a fucking bun fight. I don't care if I only get a few USD per coin because this shit is going down like a sinking ship and I advise you to do the same.

Would you be polishing the brass on the Titanic as it crashed and burned? I don't think so. Cool

Thanks in advance for this buying opportunity. Also, thanks in advance for enabling me to take profits at $30.
1706  Bitcoin / Bitcoin Discussion / Re: Bitcoin part of the elite, the illuminati, new world order? on: June 21, 2011, 05:10:42 PM
it would almost be comforting to think that there are secret groups so competent that they could control the world.

Really? You're comforted by the thought of any man or small group of men at the reins of humanity's destination? It scares the crap out of me.

Ya know, history is all written down.

That statement has a huge problem. It implies that someone knows all of history, and has read and verified all historical texts.

the truth is easy to find.

Not true.  Cheesy
1707  Bitcoin / Bitcoin Discussion / Re: Wild trading at tradehill on: June 21, 2011, 04:43:03 PM
As far as I'm concerned there is no such thing as stolen bitcoins...

I mean what exactly is it that's stolen? It's a number that represents an amount of computational power.

What happened may be illegal but it's not theft, maybe fraud from the hacker for selling in somebody elses name.

According to your argument, electronic bank fraud is not theft. After all its a number that represents an amount of economic, political, and military power.
1708  Bitcoin / Mining / Re: Just got off the phone with NewEgg... on: June 21, 2011, 04:27:26 PM
I just spoke to Jason from Newegg.com and redirected him to this thread,
He said he remembers the conversation with you and will Roll-back the refunds Tongue

Wow Synaptic, you can't seem to catch a break.

Your constant negativity must be coming full circle.

Enjoy.
1709  Bitcoin / Bitcoin Discussion / Re: I'm Kevin, here's my side. on: June 21, 2011, 02:54:28 AM

There's NO WAY to rectify this mess you've gotten into without screwing someone. And despite the decentralized, anarcho-capitalist philosophy underlying this experiment that you all jerk off to at night, you are all scream for litigation.

Just look at yourselves!


Did you imagine that decentralization of power leads to an vacuum of legality, or perhaps a crime-free utopia?

Silly boy.  Cheesy

1710  Bitcoin / Bitcoin Discussion / Re: I'm Kevin, here's my side. on: June 21, 2011, 01:13:21 AM
I don't see how anyone can read the OP and think KD has a case for keeping his money. Based on his owns words, I think he should be going to prison.  Compare what he did to what Martha Stewart did. Do we know where he lives? American DA's freakin' love to take on cases that will be big in the news.

what exactly did martha stewart do?  it sure as shit wasn't commit any actual crimes.

What was she convicted of then? Trafficking in bad cooking advice?
1711  Bitcoin / Bitcoin Discussion / Re: I'm Kevin, here's my side. on: June 20, 2011, 09:29:11 PM
Honestly, I think you should just keep the coins. I personally was sleeping when the crash happened, but as a matter of principle I don't think actual BTC transactions should be reversed once finalized in the chain. Reversing the trades on MtGox's servers, though, is up to the owners, as there aren't actual BTC transactions being added to the chain.

MtGox screwed up though, and they should take the loss.

What would be honest about that?
1712  Bitcoin / Bitcoin Discussion / Re: I'm Kevin, here's my side. on: June 20, 2011, 09:27:54 PM
Executive summary:

1.) "I took advantage of an extraordinary event that turned out to be initiated by a rogue sell order, not legitimate trading."

2.) "Can I keep it? Look, here's why."

No, sorry. To allow the trade to stand would legitimize the attack, is that what you really want? (Besides bitcoins and dollars, I mean.)


+ 1,000
1713  Bitcoin / Bitcoin Discussion / Re: The Writing on the Wall on: June 20, 2011, 04:59:47 PM

Fortunately I disposed of all 10 of them on Mt. Gox just last night on a hunch that some kinda shit was going to happen.

I'm pretty insightful that way.

Cheers.

My bullshit detector is going crazy right now.

1714  Economy / Economics / Re: Rollback is BS on: June 20, 2011, 04:37:00 PM
Not sure why people seem shocked/upset.

Greed.
1715  Economy / Economics / Re: trade should be cancelled on: June 19, 2011, 06:40:03 PM
Please. The SEC together with the Feds has been deregulating for years. This is why the housing market bubbled.
1716  Economy / Economics / Re: seriously... on: June 19, 2011, 06:32:28 PM
Someone cashed.

http://blockexplorer.com/tx/84f96975ea88d317676771a482c71f39ff53beda790c89c07ae82e427b4d090f
1717  Economy / Economics / Re: Namecoin and Bitcoin value are now equal (based on difficulty) on: June 18, 2011, 11:48:49 PM
That's why I did not even bother to start mining namecoins . It was obvious that arbitragers will even thing out quickly and it is so much simpler to just continue mining bitcoins than mess with all the namecoin thing (unless you really want those namecoins).

Its so easy though. It took me a little time tinkering to get solo mining working (pool mining is much easier). But really, you can switch between namecoin mining and BTC in literally 2 seconds. There's nothing to it. And I'm just your average nerd, not major geek.
1718  Economy / Economics / Re: Looks like people setting up local bitcoin exchanges. on: June 18, 2011, 11:33:17 PM
Here is a link: https://www.cavirtex.com/home

If by local you mean national, and by cash exchange you mean directly to bank.

Then yeah. This is a brand new Canadian exchange dealing in canadian dollars directly to canadian bank accounts. Using the Canada-only Interac system they can move a decent amount of cash between accounts in about 30 minutes. They also support direct transfers which take longer obviously, as well as supporting the transfer of inbound and outbound BTC.

This site is not yet two weeks old and there is already a 5000 BTC weekly volume. Given that the Canadian market is much much smaller than US, this should be quite impressive to the casual observer.

One can only surmise that exchanges will start popping up in more countries around the world.

Someone should do a news article on virtex and publish it in a Canadian magazine.

1719  Other / Obsolete (selling) / --- Delete Topic on: June 18, 2011, 05:27:24 AM
--
1720  Bitcoin / Bitcoin Discussion / Re: Who sells Milk on SilkRoad? on: June 18, 2011, 03:38:49 AM
Anyway, only babies should be drinking breast milk. Adults should drink water.

Milk is 85% water.

Lactose intolerance is due to a missing enzyme in the gut, lactase. So its a deficiency in humans that causes this, it is NOT something wrong with the milk.
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