I think I was misunderstood, I'm not interested in the specifics of what it would take to crash the price, it was mainly an intro for my question about the reward system being flawed/broken.
Because nobody would mine, since it is going to become easier with time anyway. And if nobody wants to start, you won't ever reach the later levels of the project. Early adopters _need_ to be rewarded, or there would be no early adopters at all, effectively killing Bitcoin before it even started. Remember, those coins were worthless when the project started. Yet people were spending electricity, buying hardware, buying coins with a _very_ uncertain future. Those who took those risks have to be rewarded.
|
|
|
Don't sell bitcoins if your only intention is to speculate on bitcoin exchange rate! Risk is too high for the next couple of years. In addition to that, if you're true bitcoin supporter, this will damage your positive attitude and your desire and ability to develop bitcoin related applications. Please don't sell, unless you know exactly what you do!
Sellers create stability, you're insane that you want them gone Edit: And blinded by greed probably
|
|
|
Is Adam a bull again? Yeah, we need bears to slaughter. How about proudhon? lucif?
You rang? This is surely the top, and a bubble pop is probably just around the corner. Ok, I think I see where you're coming from. You believe in the "doughnut" shaped market and that we'll eventually go up from $30 and wrap all the way around back to zero. But as everyone else knows, a Proudhun posting is the clearest sign that we're still in rally mode. As soon as Proudhorn turns Bullish, I'm selling
|
|
|
Awesome graph, this rally looks much more stable than the one in 2011! Could you please make the same graph with BTC volume instead of USD volume? I'm wondering how that will make the graph look. Thanks!
|
|
|
"Kashefi and Brown have already crunched the numbers, and they attest that the experiment is not cost-effective enough to turn a worthy profit."
|
|
|
I can't login anymore. Keep getting the error:
"Google 2-Factor incorrect or not provided."
I've tried multiple times, and I'm 100% sure I typed in the correct Google 2-Factor. Also, I can login on other sites that use Google 2-Factor just fine, so the time on my device (iPhone) seems to be correct as well. Help?
Hmm, Servers are near perfectly sunk up to NTP sources. Other sites may have a greater tolerance range. It works fine for me at the moment and I had 3 others check as well. I will keep trying though. Hmmm, just tried again and it seems to be working again. Not sure what went wrong previously
|
|
|
I can't login anymore. Keep getting the error:
"Google 2-Factor incorrect or not provided."
I've tried multiple times, and I'm 100% sure I typed in the correct Google 2-Factor. Also, I can login on other sites that use Google 2-Factor just fine, so the time on my device (iPhone) seems to be correct as well. Help?
|
|
|
Any news on how we are going to continue?
|
|
|
I think bitcoin will do what it usually does - take anyone saying "never" and make them look like a fool Bitcoin will never reach 1 million dollar each
|
|
|
This looks like it's close to critical mass: Once we get to 1 million users, Bitcoin could start growing exponentially... like Facebook or Google back in the day. United States != The World Having said that, it does look good though!
|
|
|
I don't think we will, but I will stay very very close to Mtgoxlive nevertheless
|
|
|
BCB, if that guy isn't bullshitting you, it might not be the brightest thing to post that log here. As someone else already mentioned, pirate is probably keeping a close eye on these threads. You might just blow his cover by posting here. Having said that, interesting for sure!
|
|
|
Do you happen to know when the way the blockchain gets downloaded gets changed? Perhaps even downloading in parallel from multiple peers?
When someone implements an improvement. I plan to have a look at this myself soon, but no promises. Edit: And is there an ETA for the 0.8 release? I'm so looking forward to all these great changes to hit to main release It still needs a lot of testing, and several things are missing before we can have a new stable release. Sounds great, keep up the good work And no need to rush
|
|
|
At 1 PM today, I received my list of asset holders from James. I will send an email to each person on my list to confirm that I have received their share count and I will confirm their payment address. ... Any shares not claimed by noon within one week of today December 10th, 2012 will become property of myself, and will not be claimable.
Again - Any shares not claimed by noon on December 17th, 2012 will become my property. You will not be able to claim shares past this date.
So everyone waited 2+ months to get this list, and now that you have it - you are going to give people 7 days to reconcile? While I understand your wish to close this thing down as quickly as possible; I think you might want to reconsider. From an outside perspective it looks like a simple share/cash grab. I know several other issuers are waiting 60 days before doing anything like this. I only point this out because I 'checked out' of the whole GLBSE & Bitcoin forums after about 3 weeks of watching the sh*tstorm. I loaded up my coind client just 3 or 4 days ago to discover I had received an eighth of a coin, 2x from an address I didn't recognize. After trying to get caught up on the forums, GLBSE blog posts, etc, I was just last night able to get in touch with GLBSE. I sent back the double payment and am waiting to get added to the issuer list. So if I had been travelling this week, or if I had not decided to upgrade my PC (and thus necessitating the blockchain synch and wallet backup prior to the upgrade), I would not have found out about this at all. Other people may have similar circumstances, or circumstances that end in a similar result. Certainly one can argue that's my tough luck, I should have been following my investments, blah blah, and that's all fine and dandy, but what's the harm in waiting another 30-45 days before pulling in other people's shares? Couldn't agree more, well said!
|
|
|
How many BTC have been mined while GLBSE has been offline? Will we receive one big dividend for that?
|
|
|
How many BTC have been mined while GLBSE has been offline? Will we receive one big dividend for that?
|
|
|
I have to admit I expected a way shorter time than that.
If you're syncing from the network even if your own connection is fast you're subject to luck of the draw on which peers you pull from. This is one reason Pieter was suggesting loadblock runs above. Do you happen to know when the way the blockchain gets downloaded gets changed? Perhaps even downloading in parallel from multiple peers? Edit: And is there an ETA for the 0.8 release? I'm so looking forward to all these great changes to hit to main release
|
|
|
Had 16 different shares or bonds, 4 of the issuers already answered (not gigamining at this time). So Nefario forwarded the asset information.
But I never got parts of my cash, about 130 BTC. Nefario did not answer on my email.
Same here. I've mailed james@GLBSE.com, but he hasn't responded a single time. It's pissing me off to be honest. I feel like I'm being treated like dirt, even though I've used his site many times, essentially making him money. Pffff
|
|
|
|