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If its true I'm really disapointed.
How long till a daughter gets kidnapped for ransom or something similar. In fact if its not him the hassle about to land on this guys head is unfathomable.
The strangest thing to me is that he goes on about him being a private secretive man so why would he use his real name?
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Wow, that's big news if it's true! Can someone post a re-print? I clicked on the link and got "You have reached the limit of 5 free articles a month" even though I never visited their site before! Way too long to quote http://pastebin.com/6HeKuibE |
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Walls building up on either side of the current price, which way do we think this is going??
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Probability of break out in the next 4 hours: 55.6%
Dont say that I need to try and go to bed soon  |
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Just wanted to say that was a really clear way of explaining it which is something I always struggle to do when putting information in my head into simpler terms so thanks for that.
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in opportunity costs, it's well north of a billion. Millions of unpaid man hours of work. I don't think it's legit to count opportunity costs, because that's not how infrastructure costs are usually calculated.
Definitely, especially when you think of all the unpaid man hours at the beginning of Bitcoin were from men at high levels of ability and would command a decent hourly rate. |
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Hardly ideal when your trying to buy a pizza...
I had this happen around the holidays once. Did gyft try and help you out or did they just fob you off to bitpay? Gyft took care of it and refunded. Thats a positive, my main grievance was the way they just replied saying speak to bitpay, goodbye. |
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I do agree with you, I'm not in the US so definately can relate to the not trusting the US bit. To be honest though I shouldn't have really put US based exchange I should have just put proffesional, insured and written by people who know what they're doing. That represents my point a lot clearer. Bitstamp is a UK business anyway  |
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Yeah thanks for that mmitech, I too have been concerened with the upload ability with the support tickets but its good to know the feelings of someone who has even spoken to these guys.
The thing to think about though is these slight vunerabilities absolutely and categorically should not be present. These exchanges are dealing with hundreds of millions of dollars there is no excuse for not having seperate support servers, updating people when there was an obvious glitch and pushing out updates to a live environment. If they cant invest a small % of the HUGE amounts of money they are making then it beggars belief, it gives the whole industry a cowboy look because at the end of the day these exchanges werent built by financial programming experts and aren't run by people qualified to run global business' that deal with such vast sums.
All the current exchanges will be dead in the water once a US based proffessional exchange is released. There is literally no reason to continue to use bitstamp et al once this happens. The only exception really is btc-e who will continue to cater for the people not prepared to give out any identification.
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Funny thing is as more and more people pull their coins off exchanges the supply will begin to dwindle |
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Ok so the last hour i did some reading on random news sites and forums etc.
I've seen some hate against Bitcoin in the past but the stuff i read today! It looks like everybody who doesn't actually own any coins hates it! [ ... ] I'm actually a bit shocked. I knew it was bad but this bad?
Is that hate directed at bitcoin itself? I believe it is directed at the bitcoin pushers and hypers. The message they get across is "if you don't invest in bitcoin, you must be very stupid indeed". Well, guess what, people don't have much love for those who call them idiots... A lot of the hate is directed at the bitcoin USERS. You cant shout at bitcoin itself and mock bitcoin can you? The point is, that the level of hate and mockery directed at the users is a cult in the same way that you describe bitcoin pushers and hypers, if people are so sure its going to fail and its all a big Ponzi why not get on your merry way and be happy in the knowledge that you avoided the financial turmoil. But thats not what people do is it? They take to the internet with told you so's that the bitcoin users couldn't give two shits about. I mean look at the price why would anyone in bitcoin care that all the people who missed out and were crying at $1100 are about to miss out again? If someone is expressing their pov after at least basic research on the topic then they deserve an ear but people screaming from the rooftops "Bitcoin is bankrupt" or "The CEO of bitcoin took everyones money" rightly deserve the disdain from members of the community. |
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Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.
This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange. |
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Hardly ideal when your trying to buy a pizza...
I had this happen around the holidays once. I had already made quite a few purchases with no issues. Weeks later I tried to make a large purchase at Gyft and it timed out. It was kinda scary. "Did I just lose $1000?" I contacted Gyft and they replied quickly however it took a few days to get refunded. So, loss for Gyft (in that they lost my business since I didn't rebuy), loss for me (since I was trying to get Gyft's extra % discount only available for 24 hours). It definitely made me wonder how practical it was. It certainly made me realize it couldn't be "the currency of the internet" if it had this many problems being used on the internet. I hold out hope the tools to use it will improve. Did gyft try and help you out or did they just fob you off to bitpay? I was paying for my vpn at https://www.privateinternetaccess.com and the reply I got was simply not our problem. As I said though it rectified itself which is always a plus but very disconcerting. On a side note the support guy tried to tell me that the issue was due to me copy pasting the address rather than scanning QR code or hiting pay with bitcoin (which opens local client) he didnt seem to understand that it was three methods of doing the same thing but was more than happy to learn. |
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This is the explanation from Bitstamp if you cant be bothered to head to their thread Can anyone explain that trade that came out of the api at $633 over 3000btc below the bids?
This was a single event glitch that happened during an update being rolled out to our live trading engine. The update is now deployed and the trade engine is functioning normally. |
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Everyone thinks the old music is better no matter what generation your in.
It brings back memories and you often go back to the your old favourites when your feeling down or having a hard time.
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You would probably be the same in regards to something like make-up or shoes, still made me lol though |
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I know bitpay is a positive for the community but it is far from an ideal solution.
Twice now Ive tried to pay for things with bitcoin in the last month and both those times the bitpay invoice expired before receiving the coins. So when emailing the company your trying to pay they just say you need to get in touch with bitpay. Is this not a bit ridiculous where the purden of sorting this out falls upon the customer? Surely businesses set up with bitpay should have some sort of support system deal that allows them to speak to someone at Bitpay and not have to wait around. The situation as it is however involves emailing bitpay yourself and that takes forever just to get a reply.
Hardly ideal when your trying to buy a pizza...
Yes, pay on time, not via an exchange... The 15m window is in place to avoid the volatility risk. I didnt pay off an exchange but it seems that things have improved since last time this happened. Although it expired I just received an email saying payment was accepted so all good I suppose. Still, its very off putting to prospective adopters if when they are trying to pay with btc if there is a problem they can't deal with the company they are paying. |
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I know bitpay is a positive for the community but it is far from an ideal solution.
Twice now Ive tried to pay for things with bitcoin in the last month and both those times the bitpay invoice expired before receiving the coins. So when emailing the company your trying to pay they just say you need to get in touch with bitpay. Is this not a bit ridiculous where the purden of sorting this out falls upon the customer? Surely businesses set up with bitpay should have some sort of support system deal that allows them to speak to someone at Bitpay and not have to wait around. The situation as it is however involves emailing bitpay yourself and that takes forever just to get a reply.
Hardly ideal when your trying to buy a pizza...
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