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we believe you, need more info.
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Allinvain wakes up from a nap, half asleep with bed head, goes for his keys and wallet. "where the hell is my wallet" Just at that moment, outside he hears a revving engine and a car door. In walks his wife, "HI honey, I needed a few bucks, hope you dont mind..." Allinvain looks out in the driveway.....new Pink Lambourgini Murcielago.  |
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seems a little premature. You will tell us when / if you remembered your password or the correct email.......RIGHT?
MTgox will log you out after a certain time w/no activity....you did know that right?
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Easily be stopped? Hardly. You have to realize that the government is slow to react. Even if the US outlaws bitcoins or another countries does then there are still 200+ other countries where it is legal.
This was the first glaring nonsense I saw when discovering BTC. "The invincible geek" you guys are getting way way ahead of your self. There are 10,000, 800 pd gorillas (i.e. goverments, mobs, hacker groups etc etc) that WILL F&ck your Sh%t up! After all the chest beating and other utter nonsense I saw spewed about untouchability, people then started getting hacked. MT.Gox is a MAJOR vulnerability for the BTC community. YOu essentially have one company handling 90% of the BTC economy, and how many people there are defending it with what skills....all unknown. The latest security hole seemed like a no brainer, but it existed. Youve got ALOT of growing up to do. The ongoing gorilla assault will speed that along. |
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yeh, wait until they get ahold of the real news...all the hackings
thats real fodder for the wowsa crowd.
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Just sharing a PM i got, also with the same theme. I can't post yet, seeing as how I havent made the 5 minimum, I am sure I must be close to the 4 hours but I digress... last night I bought, only 6 BTC in mtgox, basically as a learning tool to see how things work. and immediately, I mean immediately after the purchase went through, 5.55 BC were "withdrawn" to 1H2RBCBBTEGtWs4rDEGEqJLzKgcKrN8VdpI have since changed al my passwords, emails, and everything to all my accounts, but the only thing I can think of was the fact that I too used the same username and password combo, that at the time I used for mtgox on the btcprizes registration...
Again, no accusations but it would be interesting to hear from others if this is a common theme going on... |
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the media games are just beginning. People are stupid, like herd animals, no critical thinking effort, no real truth discovery, its all "wowsa"
and this is the inherent problem with BTC. let me repeat, people are stupid, do you think they can encrypt decrypt etc their wallet
to keep it safe? The level of technical ability to even use, store, move, keep safe, buy, sell btc is light years beyond the average 100 IQ human.
(actually I think the average is now 85-90 in relation to the old average)
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keep your money in dwolla, not on the mt.gox account....at least with dwolla it is FDIC insured.
bad bad juju building for BTC with these stories.
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The trading in BTC is characteristically volatile, too much so, but for the past three days there are huge blocks of BTC swirling around the globe and the market is flat, not range bound but outright absolutely flat. Who thinks this is normal? This to me is impossible (considering standard volitility) without large manipulation. We want a more stable market but this is flat lining, "the patient is now dead" price action is also dysfunctional for BTC. Too many questions, too much weirdness, not a natural market.
You are the same person who also claimed: It was artificial when there was a rally, then when the correction came it was also artificial and most recently you claimed to be hacked. NO  |
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I though so to, but there is always some kind of drift in a range, In my years (looking at 10's thousands of charts) Ive never seen a flat lining effect like this after such a huge range of trade.
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So the entire float+ of BTC has been moved in the past 24 hours.
Could this be MT GOX moving its assets periodically from one address to
another to another to another to keep holdings safe?
This is automated by a large holder, creating moving targets.
why or how else would this happen?
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The trading in BTC is characteristically volatile, too much so, but for the past three days there are huge blocks of BTC swirling around the globe and the market is flat, not range bound but outright absolutely flat. Who thinks this is normal? This to me is impossible (considering standard volitility) without large manipulation. We want a more stable market but this is flat lining, "the patient is now dead" price action is also dysfunctional for BTC. Too many questions, too much weirdness, not a natural market.
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Good idea. This format kinda sucks though. Maybe just put up an html page with a shit load of links in it, and update and catagorize everything based on type of link:
Exchanges,
Forums,
Stores,
Gaming,
Etc. etc
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Your header needs a different font and bigger, differentiate it form the rest of the fonts and their size.
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sure, pick the main market your interested in, then use the "compare to" function, and list the one you also want shown.
Then drag the URL to your favorite bar, and when you go there that is all youll see. Limited yes, but will help with clutter.
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Its old holders dumping blocks of BTC and trying to avoid crashing the market at the same time. Ive suspected for two days this was happening and my guess is that MT.gox is assisting in the process. A big holder said "I want out above 19", and now the system is being jobbed to make those trades slowly over these past days, and flatline the market. My guess is that the order book is being jobbed, slipping the order of trades. This "trading" is far from normal.  |
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There are plenty of hollowed out cities, abandoned and waiting for fresh life.
Make a call to flight of every able bodied, worth while, individual to flash mob one of them and start
making it live...
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If you do the hard math to determine the actual value of btc based on capital investments, human resources, overhead etc. , youll see that BTC already has a premium built in for the increased difficulty. The invisible hand knows everything!
In My estimation BTC is already overvalued by around 38%
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Two comments: (a) you are a low wage earner  (b) ah - 15 hours per month for overlooking a computer that is not accepting external connections behind a firewall? SERIOUSLY? This is more time than I spend to maintain a virtual server host + 30 servers including all updates. Replace that with 1 hour and you can talk. if after 2 months you still need to look after it for 15 hours a month something is REALLY BROKEN. With 1 hour per month you should be able to handle a RACK full of thouse computers. [/quote] Heh, Im not a miner, dont intend to be, Im an investor. Im attempting a fundamental analysis like one would do determining the worth of a company and shares based on assets and float. As im trying to put my finger on these numbers, Im thinking of the average miner. Im guessing 20-35 Year old, may be in college or grad school, or freshly out, either underemployed or unemployed. Has to build the system, no racks, very impromptu. This community stereotype is what I envision the current float of BTC has mostly been built off of. Now I know there are some enterprise operations, and they are significant. Thats a whole other can of worms. Im shooting for the lowest common denominator in this factoring, where the ROI is probably the worst. Of course Im making some broad assumptions here, but that is why Im asking for corrections. |
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