are those bought coins leaving the exchanges ?
Mine are.
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is mtgox live bugged? its not loading the chart for me Just tried it and it didn't load for me either. But, I much prefer btccharts, so I don't really care much.
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Awesome, the rally seems to be slowing down, the $6 wall tripled over the last 3 hours.
I'm sure we'll see it grow into the 30,000+ size in the coming days. I don't see the price moving beyond $6 for some time, and I still think there's a good chance we've already seen the 2012 high.
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Watching. It's easy to imagine all kinds of interesting scenarios, BTW. Imagine you only have ever had $100 or $100 worth of bitcoins on MtGox at any given time. You always withdraw in bitcoin and you withdraw to a brain wallet created on an offline computer which has since been destroyed. The brain wallet now stores over $10,000 worth of bitcoins, and you travel to Mexico.
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Or import all of your privatekeys into an online service like blockchain.info's online wallet, generate a new wallet using your bitcoin client, and send everything from your online wallet to your new wallet again.
This seems like the simplest solution.
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Owch $5.81, someone just sold like 10k btc?
to be expected It's a good thing. The last thing we want is this getting out of control. I won't be surprised to see selling down to $5.50, and even lower. I don't think $6 is going down as easily as everyone else.
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It's only a small amount of GBP/BTC on Intersango and today bitcoin is at its higest price in over five months I voted that you wait until the weekend, but I actually just buy when my money gets to the exchange, and I do it pretty much regardless of what the price is doing. Once the bitcoins are bought I send them almost immediately out of the exchange.
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i go to sleep and it jumps 20 cents... bloody hell what a week.
Were you around last year? There were times when I went to sleep and woke up several dollars later, and I didn't oversleep.
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That scenario isnt unlikely. I wonder how we will change BTC to Cash if bank transfers and ATM witdrs get limited?
I to, wonder how this is gonna play out. That's the real beauty of bitcoin. It's can be usable as a currency on its own right, and if things got bad enough and/or adoption was widespread enough, there really wouldn't be too much of a need to convert back to cash. That's the future I'm hoping for. I don't want to convert the bitcoins I now have back into traditional currency.
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Everyone should be using 2 factor auth on their Google accounts in addition to strong, unique passwords.
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I like a bigger picture view, myself.
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Edited my post to provide some more details. The "Identification - True" seems to be related to whether you said on your claim page whether you are ok with providing identification to speed up the verification process, as it was already there before any password was entered. I have no idea whether the password I entered was correct or if I made a typo. I hope the fact that the password field is gone means that it was correct.
Yes, Zhou confirmed that not getting anything back is a good thing. If it was wrong, then you would have seen a message about it.
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My claim dating from the Swap's interest introduction has been received, I would be happy to submit it to this arbitration service if Bitcoinica were willing to accept this, http://www.judge.me/I had the same 2 emails re password authentication, I entered it on the claims page & it then changed to: Identification - True (where the password enter box was before). So that seems to have worked OK. I'm getting the same "Identification - True" text, so I guess it's verified now. Now we wait. Hopefully my funds will be returned to me soon I'm getting the same thing. The only thing that worries me is that I haven't officially sent them an address to send my bitcoins to. I'm hoping that information is requested next.
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- bitinstant and massive availability of "cash for btc" trade - bit-pay massive growth, reportedly 200-300% per month - bitcoin magazine - GPU -> FPGA change of guard - investments being rounded up for bitcoin mining ASIC's by multiply independent parties (meaning by the end of 2013-2014 51% could be out of reach of most viable attackers today and that we will be measuring hashing power in petahashes and exahashes) - upcoming FIRST EVER bitcoin subsidy cut - massive and mostly positive news flow - many significant projects in development, including zipconf, kronos, hermes, ellet hardware wallet, that bitcoin card, proper hosting services suitable for hosting bitcoin wallets etc... - improvement on the decentralisation front. For example, say, mtgox (or and other exchange or biz) folds now, it is only problem for their customers, the rest of the world will just move on. Deep bit is taking relatively small fraction of mining power as opposed to flirting with 51% level.
We are now at some very much solid footing as compared to about 1 year ago when we 2 digit valuations of BTC. I would think that market is grossly undervaluing Bitcoin and its potential.
If a (centralised) company with anything close to Bitcoin's "product" and growth history and potential to effectively replace most of modern banking system which has estimated valuation at almost 10% of worlds assets (excluding all the off-balance shit, lol). Such a company would be valued at billions already, not some puny 50MM which is a valuation reserved for smalltime 3 man teams starting some scam and trading it on pink sheets.
Do post if I have missed something of note.
I would think that fair Bitcoins valuation should be in middle 2 digit right now, not 5-6$.
Why do you think valuation should be in "middle 2 digit" right now? Check out what I highlighted in bold from your post. This is the only non-speculative indicator you listed that suggests that the value of Bitcoin should increase. The value of Bitcoin should only increase when people buy them and use them. Now, the value of Bitcoin may increase due to the other things you mentioned, and I would be inclined to agree that it will. But, they are in no way definitive reasons that the value of Bitcoin should be in double digits. its shows us that, demand is growing "bit-pay growth", miners are confident value will not drop GPU -> FPGA change of guard (multiply independent parties), project development is not slowing (their only getting more ambitious). improvements all round. price lingers behind? Maybe! 8$ Maybe $8 in 2013.
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Um...data from the future?
So instead of using our time machine for bitcoin prices, how about some heads up to skynet? ok heads up skynet will soon take over! You WILL be TERMINATED! all your bitcoins are belong to us Hmmm... well if there is one thing I can do... Skynet isn't getting my coins. is that a really big bitcoin around his neck? Yep, casascius made it special for him.
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I entered my password, hit authenticate, but nothing happened. Is that normal?
Same happened to me, and no message like the last couple of posts. Same thing. The password field just disappeared. It should be normal. I entered my password and it disappeared, but in the backend it shows "Password verified" as true. Thanks. That's nice to know.
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I entered my password, hit authenticate, but nothing happened. Is that normal?
Same happened to me, and no message like the last couple of posts. Same thing. The password field just disappeared.
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The wall at Bitstamp just moved to 5.9.
no more bitcoins LOL. Reminds me of MtGox over a year ago.
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thallium, This is interesting, I've been doing something similar with building a few tables of forum users and their IP addresses, as well as a blockchain watcher, but you seemed to fix an accuracy issue I was having with yours. I'd definitely be interested in the final product when you are done with it, if you eventually do open source or donations or sell it, PM me.
Dammit, now I'm going to have to get behind like 8 proxies, send my bitcoins to various exchanges, then send them back to new offline wallets in weird amounts.
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