I was convinced he did it, but only because I was sure to read the facts out of his posts.
But to be honest his English is even worse than mine so it all could be just an attempt to make a joke or something.
Currently I do not claim to know that he is behind the DDoS attacks. Could all be just a big misunderstanding. Hard to tell.

Only thing I know is Mt. Gox is still under attack or atleast some heavy load and if the intention is to bring it to fall, I can understand that and it should get openly discussed because I see the progressing centralization of our little decentralized currency here will become a big problem sooner or later.

For the protocol:
After reading the whole thread again, I'm not even sure whether it was bitcoinex behind the DDoS or not.

Please don't discuss this comment Just want to make myself clear because when I've written my previous posts I was sure he did it.

But then again, he stated a few times that he has nothing to do with these attacks. *confused*

Both options sound fine to me, but I'm not sure whether it makes sense to split it.

Would you need to introduce fees when implementing the second option ?

Also, if all the money is held by an account of your bank we additionally have to trust your bank not to freeze the funds for whatever reason.

DDoSing a website/server does not remove the owner's ability to speak elsewhere on the net.
But I see what you are pointing at.
Maybe I should have chosen a better expression.

It's always wrong to abuse other people's property.
But I can't see a problem when everybody is using his own machines to participate in a DDoS. (But most likely that is not the case here)

It seems to me that PayPal only adds another point of tracking trading history to the whole system.
SEPA transaction work very well and fast and there are only trusted parties involved (if I won't trust my bank to a certain degree, I wouldn't store money there).
PayPal is known to freeze accounts and also charges fees.

A few months ago I thought PayPal support was really a good idea, but now I think Bitcoin has come to a stage where we aren't dependent on third-party payment processors anymore.

I can't even see the advantages of PayPal. The only thing the bring is transaction speed.
But this speed comes with the whole load of PayPal's negative aspects (giving control of the money to another party aka freezing risk, decrease of money value (fees), risk of chargeback (fraud)).

Well, for me this whole thing looks very different.
But to make one thing clear: I do not know bitcoinex nor do I know his real intentions or idealogies.

I can't see any links between DDoS-ing and business so I don't know what business ethics you mean.
I also never heard of bitcoinex stealing money from his customers or something so TO ME he seems like a legit business man.
I've never traded at btcex, though.
Since btces charges no fees (afaik) I don't think he tried to steal mtgox's userbase.
I got the impression that BECAUSE he's also running an exchange he has seen the problems coming with centralized exchanges and especially the focus on mtgox.com.
But hey, who knows, maybe he is just a total douchebag, I don't really care and I don't need to defend his doings.
Just keep in mind that never attracted any negative attention before that thing.

For me DDoS is a matter of free speach, just like a digital sit-in blockade.
Sure, as soon as it becomes a financial issue (which it is, because MtGox chrges fees) it gets really difficult to judge.
But in my opinion bitcoin exchanges should be free of any fees. We do not have to make the same mistakes that other currencies/systems/communites have done before.
(centralized market/market monopol + fees <-> government + taxes  )


Aw man, feels great in bizarro world  

Oh, I don't know ...
I can't seem to find the right words to describe why I think this is a bad idea.
Somehow I feel like the EUR trades will really get affected by that and will get fixed to the USD/BTC rate on other exchanges even more.

I somehow like having a "European only" market.


Well, we'll see what future brings.

You won't see many offers here because PayPal has the ability of chargebacks.
You're a new user so probably nobody will trust you.

It might change if you offer a non-chargeback payment option like Bank wire/SEPA or something.

I should have waited with my order T_T

Anyway, the shirt is worth it

Ja, mittlerweile ist Solo-Mining quasi unmöglich geworden. Erschwerend kommt hinzu, dass du nur deine 2-Kern-CPU dafür nutzt.

Es wurde bereits überlegt die "Bitcoins erzeugen"-Funktion aus dem Standardclient (bzw aus dessen GUI) zu entfernen.

Mining lohnt meiner Meinung nach nur noch, wenn man mindetens eine aktuelle Grafikkarte hat und in einem Pool mit anderen zusammenarbeitet.
Diverse Pools und wie man sie benutzt findest du im Subforum "Mining".

Ok, maybe I will pull a massive amount of hatred on me now ...

Let's get our facts straight:

There is one person (bitcoinex) who thinks that the current market is much too centralized.
Which is right in my opinion.

He start's a DDoS-attack to prove his point and brings the site down for several hours.

What's so wrong about that ?

If he'd stayed anonymous nobody would be so stressed about the whole thing.
But instead he made his intentions publicly available so people can discuss about it. At least that's what I am thinking.
And instead of discussing, everybody is just like "herp derp, idiot, herp derp".

So, my message to all of you is:
Calm down, think about it and let's discuss in an open and mannered way.

So far,

~Smoke

Somehow I really dislike seeing that whole russian-bashing.
We have an international market. We have an international currency. We have international people.

bitmarket.eu supports PayPal, but only when the sellers are accepting it.

Seems like we really need a decentralized exchange.

Not only Gavin, but all the elders of Bitcoin

Most likely.

Welcome back !
I knew you wouldn't have rejected that whole bitcoin thing
I hope we will see a bit more activity from you now

down again ...

I guess printing all private keys on paper and find a way to scan them in a way to build a new wallet or importing these keys into an existing wallet would be more secure.