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This is a great possible addition to secure bitcoins 'offline', problem is, it's very user-unfriendly.
These functions should be in the normal client, using a nice interface, instead of the need for 2 or more different command-line tools.
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I can see these online wallet services go the way of the banks, afterall you are just assuming the btc showing in the account are really backed by what they actually have, if they start handing out loans they can just edit their database to show +100 btc, no matter if they have it or not, unless all people start withdrawing at the same time they should be fine, specially if everybody uses this service anyway instead of bitcoin itself.
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Most effective i think, would be to just make bitcoin exchange illegal.
Arrest a few people, give them a few years jail-time.
Everybody gets scared, value drops, more people cash out, only a hand full of die-hard hackers/anons keep using it at 0.05USD/BTC
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i vote for op. would love to see him come away with that. whom can u trust, if not the price of the biggest exchange?
It has nothing to do with trust when someone obviously tries to take advantage of a glitch. Nobody is dumb enough to believe that the price went up to the point of geting $11,000 for .08BTC. If you walked into your bank and told them you wanted $10.00 in cash, and they handed you $110,000, would you still think you're entitled to it? Why does it seem this community is about screwing or scamming anyone so long as it gets you ahead? Because that's what people do...? Like, all the time, everywhere... |
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Guess the value will drop even more then  |
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Nice price!
I completely fail to see why anyone is still using Gox when there are other exchanges that seem to do a much better job at less cost for the customers..
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I just reinstalled win7 (64) today and downloaded the latest diablo miner, unfortunately this error pops up: [31-7-11 3:05:52] Started
Exception in thread "main" java.lang.ArrayIndexOutOfBoundsException: 0
at com.diablominer.DiabloMiner.DiabloMiner.execute(DiabloMiner.java:427)
at com.diablominer.DiabloMiner.DiabloMiner.main(DiabloMiner.java:133)
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At some point it gets more profitable to just run away with the money people trust you with then running a business.
Not saying this is the case here but it wouldn't surprise me one bit.
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I sent them an email, their reply:
"At this time we are dependent on PayPal for our processing and, therefore, can only provide the services they offer."
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That is some exclusive expensive shit right there XD I guess this is only for the very early adopters or big investors in bitcoin |
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No thanks, Gox fucked up a long time ago.
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There's another one with 12143559.2325 + 9499 BTC xD
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I just noticed another drop in Euro value on TradeHill, looked at the market data, noticed only 2 buy orders and a shitload of sell orders. Seems everybody is trying to get rid of bitcoin in Europe... xD
Or is there something else that explains this?
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Seems some kind of botnet...
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I think you lost a bit of yourself when you're scared of 'weird looks'...
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I save some, i buy some, i spend some.
Why do i save some? Because i can see bitcoin skyrocket and become a big boy eventually, just as an investment, same with the silver i bought.
Why do i buy and spend them? Because i want to stimulate the economy, after all that is key to the success of bitcoin pure hoarders are killers of their own investment. (or at least, by doing so they increase the risk of their investment turning around on them)
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I Think you did a wonderfull job bitrebel!
I emailed them guy somewhere end 2010/early 2011 but i never got a reply.
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OMG SOMEBODY HAS A LOT OF MONEY!!
so what... if people were to post a panic topic every time people moved lots of dollars we would have a few topics every second.
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As with most electronics.
They don't 'wear out' noticeably faster with normal use, unless you over-volt or -heat them they will live a long life.
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