Bitcoins ok, but how 40k dollars disappear? how withdrawn? I do not know how mtgox codes work, but you can not really know where are redeemed? Other options dwolla? OKPAY? Bitinstant? LR? I really can't believe that you can move dollars without knowing where, how and to whom.
We know how and where the USD moved, but unfortunately those funds are not under our control anymore. Well, no shit they're not under your control, but you do know to whose account they moved, right?
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It all seems to convenient to me. After the previous hacks to allow this to happen is b/s. Another cluster fuck that dirties the Bitcoin name again. I cant wait for the day when inept companies like this are a thing of the past and are stories to be told to scare children.
You'll be waiting a long time. As long as there are people who allow it to happen (see post right above mine - "move on, accept our losses"), scams like this will continue! Well, what do you propose? There's nothing anyone can do at this point. The solution is to not let this sort of thing happen again by using bitcoins more consistently with the way they were designed. Again, we've already allowed it to happen. It's over. That's done. Move on, and don't make the same mistake. Learn how to securely store most of your bitcoins yourself.
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No, this is not the users' fault. Why should the bitcoinica users eat all the loss?
+1 It makes no sense to make us eat the loss. That is their own fault. They need to all stop taking a paycheck like Zhou did and/or start eating muesli with even cheaper milk and cough up the money out of pocket. Some of us have undeniable proof and we want our money back. Actually they need to honor their terms of use their clients agreed to and if they didn't make any guarantees about security they're off the hook and it's the client's fault for putting money someplace where such guarantees weren't made. From the Bitcoinica ToS: [12] Limitation of Liability
IN NO EVENT SHALL BITCOINICA, ITS OFFICERS, DIRECTORS OR EMPLOYEES BE LIABLE FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH OUR WEB SITE, OUR SERVICES OR THIS AGREEMENT (HOWEVER ARISING, INCLUDING NEGLIGENCE) EXCEPT AS STATED IN THIS AGREEMENT. THE LIABILITY OF BITCOINICA, ITS OFFICERS, DIRECTORS OR EMPLOYEES, TO YOU OR ANY THIRD PARTIES IN ANY PROVEN CIRCUMSTANCE IS LIMITED TO THE AMOUNT OF MONEY YOU TRANSFERRED OR DEPOSITED IN YOUR ACCOUNT AT BITCOINICA IN RELATION TO THE TRANSACTION GIVING RISE TO SUCH LIABILITY. In the case where you make funds available for trading via a voucher, "coupon code", or similar from another financial service, banking institution or exchange, you acknolwedge that you are providing Bitcoinica access to those funds for trading purposes only and that the originating financial institution is the holder of such deposits. Bitcoinica is not liable for any loss if such institutions fail in honoring withdrawal of customer funds. Shouldn't you have put this part in bold: IN NO EVENT SHALL BITCOINICA, ITS OFFICERS, DIRECTORS OR EMPLOYEES BE LIABLE FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH OUR WEB SITE, OUR SERVICES OR THIS AGREEMENT (HOWEVER ARISING, INCLUDING NEGLIGENCE) Face it people. You agreed to use a service without even a promise that they'll be liable to you if they are negligent. So if you're looking for the guilty you need only look in the mirror. This. Can we just move on from this, please? But this whole thing has been an absolute blight on this project for most of this year. Let's move on, accept our losses, and agree not to use flashy looking bitcoin websites designed by 17 years olds. The silver lining out of this is that a bunch of people, myself included, have been reminded of one of the most valuable things about bitcoin - that you can secure it yourself and make stealing it over the internet practically impossible. Of course, that that can be done fairly simply highlights those working at bitcoinica's negligence.
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We are actively losing money from dealing with the payouts.
Sorry, I know this is horrible, but I don't know what else to do at this point but laugh. This statement at the end cracked me up. There are some other people, I think, who will have actively lost money... At this point it'd probably be better for all of you to just walk away. Donate what's left to the faucet and deal with the legal consequences. I'm sure for you guys that'll be significantly easier to deal with than securing the bitcoins you have remaining and attempting to refund anyone their money.
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proudhon you looking for a new gif for your avatar? This made me lol by the way.
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proudhon you looking for a new gif for your avatar?
The bear defines me. I don't think I can change it.
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Oh good lord, what's going on in here?
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I gotta get out of here. I've got a bunch of work to do...
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dont tell me you redeemed your paper wallets Haha, no way. They're still safely tucked away. The nice thing about them is that it's quite a hassle to get them out, gotta go to a location, unlock something, take the laminated sheet out, cut it open, take the middle page out (the private key), you get the point. I'm partially protected by my laziness.
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GG bears, GG
Yeah no kidding, although I wonder how the situation might look like if Bitcoinca was still around. A lot different.
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Title:
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So, wait, is this like Dwolla, but vaporware?
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This is all getting very interesting.
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So Ayn Rand using Medicare and social security is not a case of hypocrisy because... ?
It is never hypocrisy to live in the real world, while trying to change it. I agree with that, and you can probably tell from my name I have sympathy for anarchists ideas, but I don't think the right action is (to paraphrase something written earlier) to push government over the cliff as soon as possible. Portnoy is right, I think, to point out that that would do a tremendous amount of harm to a enormous number of people. I think, as a society, we should march toward greater individual responsibility and liberty, but that has to be balanced along the way, and it will always be a messy balancing act. Maybe 1000 years on our collective level of intelligence and sense of right social behavior will be advanced enough to practically dispense with government as we know it - if anything, I think the technological advances of today our pointing us in that direction. Nevertheless, it would immoral to try to bring that future about prematurely for simple practical reasons. My current view is essentially that some type of anarchism is ultimately how we ought to live, but that the only way to ethically achieve that end is by education and by slowly and carefully auditing ourselves along the way. There's my two bitcents. That is very close to way I see things. The type of anarchism I tend to favor is not so much about trying to fight and bring down governments ( that is a type of hypocrisy itself since anarchism is supposed to be about not imposing ones views and ways on others ) but rather living ones life 'despite' governments. Things like Bitcoin help make the type of statist governments we have today more and more irrelevant. They don't need to be fought and conquered... they are rotting from within and will fall under their own weight. ( sure defend yourself if outright attacked, but one can usually avoid that as they [ these current systems of mass control ] become more ineffectual and impotent ) The better course, as I see it, to go along with what proudhon mentions, is to make the transition smoother by providing better alternatives. Yes, I think that revolutionary and violent anarchism is, in many ways, to misunderstand philosophical anarchism. As I said, I think technology can help facilitate a smoothish transition along humanity's long path to anarchist society. I don't see anything very close to a practical anarchist society being a reality for a long time to come, but I don't think it's implausible. And, actually, with all their flaws, I think a lot of democratic societies are a good way there. I don't think things are quite so grim as lots of people make them out to be. There's certainly an enormous amount of room for improvement, but by and large it's absolutely incredible the amount of progress that's been made in the past 200 years or so toward better and more peaceful society.
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Ha! I got here first! Ugh, I wish that guy'd just leave it up there. The higher we go right now the further we're going to fall when this thing corrects.Not before 10$ If it goes up that high we'll see the price flirt with $5 again. That'll be really awesome for some people and horrible for a lot more.
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Ha! I got here first! Ugh, I wish that guy'd just leave it up there. The higher we go right now the further we're going to fall when this thing corrects.
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Nothing for me yet either. I'm so determined to get those coins back I started speculating on LTC. What?
Ha, almost did the same thing. Decided to lose money at sealswithclubs instead I have been doing pretty well with LTC I'm going to have to double down if I have any change of getting out of the LTC hole I've dug myself in. LOL. You win some, you lose some, and then lose some more. Where you the guy who made it jump to .01? If so, I'm sorry cuz I sold about 150,000 LTC after that to kill that. I'm still buying (but lower), hope to get 500K or 1M in the next 6 months No. I bought at 0.0075 or so. I've got some orders on the book that if hit will significantly lower my average price. We'll see.
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