Collateral is fine if someone lives in travel distance but not really if they live abroad.
Also members new and old maybe cautious sending collateral and/or id to members due to bening scammed themselves, not because they r scammers.
Ultimately ID is better than collateral for borrowers and lenders should never lend more than they could afford to lose in event a user defaults.
Collateral can be mailed and insured. Collateral can be in a digital form, e.g. alternate cryptocurrencies can be used as collateral. IDs aren't worth much because they are easy to obtain (by forging, stealing, "borrowing" from someone, or they can be simply bought online). Not to mention that even if it is possible to ascertain that someone's ID is really genuine, in case of a default it may still be very difficult or impossible (expensive and time-consuming) to recover the money (especially when dealing with someone from abroad). |
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It's 0.06 BTC per year or 0.6 BTC for a lifetime individual membership (they update the prices occasionally to account for the BTC/USD price changes), and 2.4, 6.1, 12.2, 61.1 or 244.5 BTC for silver, gold or platinum industry memberships.  About a year ago the individual memberships were priced at 2.5 BTC (annual) / 25 BTC (lifetime) |
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... if you don't have the private key you don't have any Bitcoins (ask the users of Input.io, Bitcoinica, bitfloor, instawallet, etc, etc, etc).
Slight nitpick. You can have the private key and still not have any bitcoins (when someone else has the private key as well, then it becomes a race to transfer the coins). That's why I say: If you are not the sole controller of your private keys, you do not have any bitcoins. Slight nitpic.  You can have bitcoins despite not being the sole controller of your private keys (e.g. certain scenarios involving multi-sig addresses, like 2-of-3 addresses, where it's not necessary to know the other party's private key, and keeping one's own two private keys secret is enough to be safe and to be the only person that can spend coins from that address). Hmm... I'm not very knowledgeable when it comes to multi-sig. If you need 2-of-3 to access the coins, and you alone have 2, you can access the coins and you are the sole controller of the keys required to access the coins. If someone else also has the 2 required to access the coins, you are not the sole controller, and it becomes a race (even if intentional) to transfer the coins. If two people are required to access the coins, each having 1 for a 2-of-3 address, you are not the sole controller, and you alone do not have any bitcoins, you have shared access to some coins. If the other person dies without sharing their key with you, you have nothing. I stand by what I said. I think you are just making the key more complex, which ultimately changes nothing. Either you alone have access, or you alone do not. What am I missing? Initially you wrote: "If you are not the sole controller of your private keys, you do not have any bitcoins." which was a response to "having the private key". What I meant is that it is possible be safe despite not having all of the private keys (having 2 keys out of 3 of a 2-of-3 address). Likewise it is possible to not to have the bitcoins despite being the sole controller of (one) private key (in the case of a 2-of-3 address and someone else having the two other keys). I think it's more about wording/semantics. |
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Any chance for Gauth?
Probably not, we rejected idea of Google Auth because it's vurnable to secret key stealing when setting up 2-factor authentication if user's computer is compromised. MePIN is much more secure than that. I've never heard of this MePIN. Is it open source? What if the user's phone is compromised? Does it work on older smartphones (like Symbian)? As far as I can see I won't be able to run it on a Nokia 5800 so I'd probably be interested in the SMS auth, do you have an ETA on that? Thanks |
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... if you don't have the private key you don't have any Bitcoins (ask the users of Input.io, Bitcoinica, bitfloor, instawallet, etc, etc, etc).
Slight nitpick. You can have the private key and still not have any bitcoins (when someone else has the private key as well, then it becomes a race to transfer the coins). That's why I say: If you are not the sole controller of your private keys, you do not have any bitcoins. Slight nitpic. You can have bitcoins despite not being the sole controller of your private keys (e.g. certain scenarios involving multi-sig addresses, like 2-of-3 addresses, where it's not necessary to know the other party's private key, and keeping one's own two private keys secret is enough to be safe and to be the only person that can spend coins from that address). |
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You will be able to buy Bitcoins directly to an external Bitcoin address after we launch. There will be also an option for using SMS-based 2-factor authentication. Stay tuned for more information  . Any chance for Gauth? |
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Hey I did posted in the previous thread as one of first participants https://bitcointalk.org/index.php?topic=323235.60the previous thread was removed and I am out?. Come Hashfast be fair, please PM me and count me in. I was checking this topic and didn't even noticed it had changed. That topic was moved to Trashcan because it was a duplicate, and this one was created over an hour earlier, so I'm not sure if it would be fair to increase the number of participants for the participants of this drawing who might have been unaware of the existence of the other topic. |
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I'd like to place a sell order for 10 MSC @ 1.25 BTC each.
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The only reason you are a christian is because of where in the world you were born. Had you been born in India, for example, you wouldn't be a christian. Don't knock one cult unless you are willing to knock them all, because that makes you a hypocrite.
Depends where in India. In the west (formerly Portugese colonies) or in the east (from Welsh missionaries or other European settlers) Christianity is a very popular religion: http://en.wikipedia.org/wiki/Christianity_in_India#State_Populations |
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Checks is like 1920... no country uses checks. Only the USA. The rest of the world uses bankwire or sepa
France and India also use checks a lot. SEPA is only within the EU + EFTA + Monaco. But the question is "why can't mtgox just mail checks to US customers?" I'd say the reason is very simple: they do not want to part with the money of their customers once they have it in their bank account Bitcon, I'd seriously consider using a different exchange. |
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I just did a trade with smiley35 (sold 10 MSC for 1.25 BTC), so my offer can be removed from the order book.
Congrats! Your offer has been removed from the order book. Could you also update the trade history and the chart? I traded 10 MSC for 1.25 BTC, so it was 0.125 BTC/MSC. It would also be interesting to see volume and dates added to the charts, though I'd understand if you didn't have time for that. Thanks |
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I just did a trade with smiley35 (sold 10 MSC for 1.25 BTC), so my offer can be removed from the order book.
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I doubt it. There's no bad news, nor structural problem (IE: Gox freezing up and having 80% of the market). It's the weekend, and it's a big dip. PRobably will be a little longer seeing as monday is a bank holiday. +1 I'd be really surprised if the price would ever go below $200 and stayed there for a longer time (e.g. few weeks or more). The trading is currently spread across multiple exchanges so it is less likely that Gox's incompetence would have a considerable effect on the speculator's confidence in Bitcoin. $300 is the new $150  I doubt it. There's no bad news, nor structural problem (IE: Gox freezing up and having 80% of the market). It's the weekend, and it's a big dip. PRobably will be a little longer seeing as monday is a bank holiday. Bank holiday where?? In YOUR fucking country?? In Poland (where Mt.Gox has a BZ WBK bank account) there's a bank holiday on November 11. edit: didn't know there was a bank holiday anywhere else |
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Yes i suspect this ad campaign is over.
Will he pays for the users? Signature ad payouts are very low priority. The limited amount of coins are being used to refund Inputs users, and later CL.
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Just use the Services section.
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I frequently get this message:
"You already have a roll pending. Are you playing from multiple locations?"
or some message about a problem with the connection (even though everything's fine on my side)
and after reloading the page "All Bets" and "My Bets" tabs are sometimes blank.
My browser: Chrome (up-to-date)
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