Bitcoin Forum
May 24, 2024, 03:07:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 405 »
301  Economy / Scam Accusations / Re: Terrible Experience with Bets of Bitcoin / Bitbet on: November 20, 2013, 10:54:32 PM
- MPOE-PR is the ONLY one in this thread suggesting that Bitbet is right in keeping the stolen money.
- MPOE-PR has some association with Bitbet, and this is likely the reason he is defending it.
- Bitbet has blatantly stolen $6,000 of BTC that does not belong to them.
- I would suggest finding out the details of who owns Bitbet and threatening a suit if they don't return the BTC.
302  Economy / Service Discussion / Re: Coinbase can't keep up with demand on: November 19, 2013, 11:53:11 PM
I went to Coinbase to buy this morning and got the same message except without a date and time.  So now not only are they asking me to send money and receive bitcoin at whatever their market price is, they are asking me to wait until whenever they get around to it.

So they expect us to send money to them so they can play the market with our money and then decide when and at what price to settle with us in bitcoin?

Who in their right mind would agree to these terms?

I just went from recommending Coinbase to people to telling people to stay away.

The message always gives you a date that is exactly 4 business days after the current date/time. So now when you want to buy on Coinbase, you not only have to wait a few days for the money to go through, you also have to pay whatever price they decide you have to pay rather than locking in a price.

This basically makes Coinbase useless as this point. I signed up on Bitstamp and am going to start using them instead.

Things like this make me more nervous about bitcoin's future. People have money in hand and are ready to buy, but they're being sent away and forced to follow all of these complicated protocols. So they're just going to think it's a sham and never come back to bitcoin again, so we're going to lose a lot of traction and potential growth.

I have a friend that just signed up last week and is now struggling to get more then the few coins she started with.  She really wants more but now is unable to buy any.  Sigh.  I was hoping that Coinbase was going to solve some problems in the Bitcoin world and make it easier to buy in a safe and secure environment for newbies.

And hubby and I were hoping to pick up a few more now that the price dropped after the big run but we are locked out unless we agree to buy at some random market price in 5 days.  That is so crazy.  I am not even sure how they can do that legally? 

Hopefully Coinbase reads this and realizes that they are shooting themselves in the foot by things like this.

We signed up with CampBX today.  They will be allowing direct deposits in the US starting next week.
They can offer to sell or not sell however they like and be perfectly within the law.

Coinbase is still THE place for newbies, IMO.  They are just having supply issues is all, and once demand dies down again, people will be able to freely buy and sell.  I agree that it would be beneficial for them to raise the price in accordance with demand though.

I was just curious how a company could have some agree to pay a price for an item that will be whatever "market" price in the future.  Couldn't Coinbase just pad that price or just choose the best time of day to select the market price that they want to sell at?  That puts us as a buyer at a disadvantage.  We would just be at the mercy of Coinbase deciding what to do with our money and they could manipulate it however they want.  I would never agree to that and I am surprised that it is even an option.  I would be more understanding if they just said to come back later because they were out of coins.
Well, if you don't want to be at the mercy of Coinbase, there's an easy solution:  Wait until they have instant buys again.

I agree that it would be stupid to agree to that option, unless you are closely watching the price and are ready to cancel your order if something goes awry, but I am glad to see that they at least have an option for people who are wanting to get in regardless of the price, rather than simply shutting everyone out until Friday.
303  Economy / Speculation / Re: Am I the only one who feels relieved when the price goes down? on: November 19, 2013, 11:16:07 PM
Relieved the price is going down = you might not have enough Bitcoins.
Relived the price is going up = you might have too many Bitcoins.
Bitcoin goes up and down $300 in one day and you say "meh" = you might have the right amount of Bitcoins.
I think I'm squarely in #2... but only because I'm really hoping to pay off my mortgage someday soon.
304  Economy / Service Discussion / Re: Coinbase can't keep up with demand on: November 19, 2013, 07:24:23 PM
I went to Coinbase to buy this morning and got the same message except without a date and time.  So now not only are they asking me to send money and receive bitcoin at whatever their market price is, they are asking me to wait until whenever they get around to it.

So they expect us to send money to them so they can play the market with our money and then decide when and at what price to settle with us in bitcoin?

Who in their right mind would agree to these terms?

I just went from recommending Coinbase to people to telling people to stay away.

The message always gives you a date that is exactly 4 business days after the current date/time. So now when you want to buy on Coinbase, you not only have to wait a few days for the money to go through, you also have to pay whatever price they decide you have to pay rather than locking in a price.

This basically makes Coinbase useless as this point. I signed up on Bitstamp and am going to start using them instead.

Things like this make me more nervous about bitcoin's future. People have money in hand and are ready to buy, but they're being sent away and forced to follow all of these complicated protocols. So they're just going to think it's a sham and never come back to bitcoin again, so we're going to lose a lot of traction and potential growth.

I have a friend that just signed up last week and is now struggling to get more then the few coins she started with.  She really wants more but now is unable to buy any.  Sigh.  I was hoping that Coinbase was going to solve some problems in the Bitcoin world and make it easier to buy in a safe and secure environment for newbies.

And hubby and I were hoping to pick up a few more now that the price dropped after the big run but we are locked out unless we agree to buy at some random market price in 5 days.  That is so crazy.  I am not even sure how they can do that legally? 

Hopefully Coinbase reads this and realizes that they are shooting themselves in the foot by things like this.

We signed up with CampBX today.  They will be allowing direct deposits in the US starting next week.
They can offer to sell or not sell however they like and be perfectly within the law.

Coinbase is still THE place for newbies, IMO.  They are just having supply issues is all, and once demand dies down again, people will be able to freely buy and sell.  I agree that it would be beneficial for them to raise the price in accordance with demand though.
305  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: November 19, 2013, 07:04:04 PM
BTCBTCBTC 3 weeks from now .... we will see 1000  BTCBTCBTC
.

posts likr this make me confirm my $475 target is a good exit for now.. cya at $300
How're you feeling about this move now?
306  Economy / Speculation / Re: I think we'll see 800 by the end of the day??? on: November 18, 2013, 06:39:25 PM
Interesting that the US exchanges are so far behind, but it definitely shows that China is still the backbone of this rally!
307  Economy / Speculation / Re: 600 taken out at Mt. Gox! on: November 18, 2013, 04:21:45 PM
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.

or gox is artificially & fraudulently manipulating the exchange rate way above what it should be to sketchy and profit.

now @BTCChina: $652.21/ ¥3977
Now $710 at BTCChina.

I'd still say China is driving this rally, and it really doesn't have much to do with Gox.
308  Economy / Speculation / Re: 600 taken out at Mt. Gox! on: November 18, 2013, 08:22:57 AM
But why isnt bitstamp rising as high...?
$70 difference is too suspicious

Takes time to put new money in.  Either people in gox already had USD sitting on the sidelines, or there are less people on gox willing to sell than there are on bitstamp.
309  Economy / Goods / Re: AMAZING GREAT JEEEEEEZE WOW! Selling - 2011/11/18 error cas coin on: November 18, 2013, 06:47:42 AM
i kind of just wanted to know what its worth, to be honest, and depending on that i might sell it

otherwise i want to learn how to preserve it etc
The most that an ungraded S1 2011 has sold for is 4.5, so I guess you could use that as an upper limit.
310  Bitcoin / Bitcoin Discussion / Re: Hacked Linode & coins stolen to 1NRy8GbX56MymBhDYM... on: November 16, 2013, 07:11:57 AM
Confirmed FBI operation.

Jeremy Hammond:  hacks for the FBI, sentenced to 10 years in prison in return:

http://www.dailydot.com/news/jeremy-hammond-fbi-foreign-governments-list/

http://lists.randombit.net/pipermail/cryptography/2012-March/002586.html

Quote
Apparently, a 4 day old (or rather 'official since 4 days') Parallels
Plesk control panel weakness was used yesterday to break into a number
of large Bitcoin mining pools hosted on cheap virtual servers.

http://pastebin.com/xy8aQY9W

Quote
Sabu also supplied lists of targets that were vulnerable to "zero day exploits" used to break into systems, including a powerful remote root vulnerability effecting the popular Plesk software. At his request, these websites were broken into, their emails and databases were uploaded to Sabu's FBI server, and the password information and the location of root backdoors were supplied. These intrusions took place in January/February of 2012 and affected over 2000 domains
...
All of this happened under the control and supervision of the FBI

Anyone still not aware of what is going on here?
You're saying the Bitcoins were stolen by an FBI employee?  Or what are you inferring?
311  Economy / Goods / Re: AMAZING GREAT JEEEEEEZE WOW! Selling - 2011/11/18 error cas coin on: November 15, 2013, 08:39:00 PM
I'll give you 2 BTC.

I can't really tell what condition its in from your pictures, so I'm going to assume the worst.

do you have any suggestions on how to take better pictures? the condition is fine. Maybe ill use the scanner
Scanner might work.

My three biggest concerns:
1) Dents/dings on the coin, especially around the exterior.
2) Tarnish on the coin from being handled without gloves.
3) Dirt/dust accumulation on the inside edge of the coin.

So, I'd want pictures that can show me how much of each of those are a problem.  I bet a scanner would show 1 and 3 well at high resolution, but not 2.  Tarnish is difficult to get a good picture of, especially if you don't know what to look for.
312  Economy / Goods / Re: AMAZING GREAT JEEEEEEZE WOW! Selling - 2011/11/18 error cas coin on: November 15, 2013, 08:18:31 PM
I'll give you 2 BTC.

I can't really tell what condition its in from your pictures, so I'm going to assume the worst.
313  Bitcoin / Development & Technical Discussion / Re: "New address for each payment" is a logic bomb on: November 15, 2013, 07:02:00 AM
I think the math works out that there's more Bitcoin addresses than there are atoms in the universe.  Basically, it's been talked about many times, and it's nothing to worry about.

U r talking about a case when u need to create a collision for one special address. Read http://en.wikipedia.org/wiki/Birthday_problem plz.
But still, even if someone is generating billions of addresses a second for millions of years, the statistical odds are extremely low they would find a collision even under those circumstances.  I'm not a math whiz or I'd show you the proof, but I know the calculations have been done many times before, and always check out.
314  Bitcoin / Development & Technical Discussion / Re: "New address for each payment" is a logic bomb on: November 15, 2013, 06:59:01 AM
I think the math works out that there's more Bitcoin addresses than there are atoms in the universe.  Basically, it's been talked about many times, and it's nothing to worry about.
315  Bitcoin / Bitcoin Discussion / Re: Vote No for Coin Validation! on: November 14, 2013, 11:28:09 PM
Here's my question:  What choice do we have?

If the government decides they want businesses to report what Bitcoin addresses they are using (say, on a new virtual currencies tax form), and who has sent them money and who they have sent money to, it will effectively de-anonymize the whole network.  Businesses couldn't operate legitimately without compliance, and businesses who complied would effectively rat out all of those who didn't.

If the government decides to implement it, it wouldn't be hard to get enough businesses onboard to make it eventually fully effective.

I agree this would effectively kill Bitcoin - no one wants every financial transaction they make to be aired to the public.  Basically, the government is in control of Bitcoin's future.
316  Economy / Speculation / Re: Bitcoin crashes when those investing realise 2 things on: November 13, 2013, 09:54:15 PM
1. The fact that only 21 million coins can be mined (assuming that does not get altered) is irrelevant when they can be sliced up into 100,000,000 sub units.

2. That there have already been discussions about increasing the divisibility.


When exchanges start working in sub units it may dawn on people that the scarcity argument used to promote Bitcoin is disingenuous rubbish.

I'm not one to criticize anyone... but damn, this has gotta be the stupidest statement I've ever heard from I hope an otherwise intelligent individual.
I think the statement itself negates the possibility of intelligence.
317  Economy / Goods / Re: [WTS] Casascius Silver 1 BTC Physical Bitcoins -- U.S. only on: November 13, 2013, 04:48:53 PM
Cas is selling these for BTC1.47 Each.  I assume OP just has not updated this post in a while with a new price.

He originally sold 20 coins at 35 BTC just a few weeks ago. Now, his single coins are priced far below that and I'll have to sell at a loss. If he wants resellers, he can't compete with them like that.

New price -- 1.50 BTC
It's probably largely because the value increase of BTC means he can maintain his margins on a lower BTC price per coin.
318  Economy / Speculation / Re: Bitcoin crashes when those investing realise 2 things on: November 13, 2013, 04:31:40 PM
Knowing that a dollar bill can be divided into 100 pennies does not change my opinion of dollars.


And what if it was decided one day that it could be divided into 1000?
Why would that matter?  $1.00 is still worth $1.00 whether it is a dollar bill, 100 pennies, or 1,000 subunits.  It's still $1.00 the whole time, and nothing changes by making it more divisible.

Are you arguing that getting rid of pennies would make $1.00 more valuable, because it is less divisible?  Because if not, your argument makes no sense.
319  Other / CPU/GPU Bitcoin mining hardware / Re: WTB - Fairly Priced (Non-Profitable) Asic Miner/s Wanted - 2Ghz+ on: November 13, 2013, 04:06:32 AM
How much would you offer for a 2.6GH/s (1 chip) Jalapeno?
320  Economy / Goods / Re: [WTS] Casascius Silver 1 BTC Physical Bitcoins -- U.S. only on: November 12, 2013, 06:14:06 PM
2BTC for a 1BTC coin with $22 worth of silver.

Don't take this wrong, am I misreading something?  $350 seem quite the premium for the coin.
Super limited run or something?
They've become quite collectible, and somewhat difficult to acquire.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 ... 405 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!