This is a classic game on these forums, a game that always ends in the same way: a sucker says bye bye to his money. As an example, this is one of the many times this "game" has been played in here: https://bitcointalk.org/index.php?topic=108832.0Moral of the story: if you send your money to an anonymous guy on the interwebz with the hope to double it, you are retard. |
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Yes, I have read such threads before. I can see that it makes people mad. I don't agree that that should or will stop everybody. It's odd when "making a coin valuable" is an attack vector. It shouldn't make people mad. For testnet to be useful, we need people to use it. For that to happen, the coins need to have some value to them. Wait, why do we need to use testnet for anything other than testing? TESTnet IMHO they should run a cronjob somewhere that does whatever they need to do to reset testnet like every month or something. For testnet to be useful, it should simulate activities that people do with bitcoin. Since the devs are terrified of making any changes that might break Bitcoin, it makes sense to have a testnet that is Bitcoin on a smaller scale to test on. The devs aren't willing to make ambitious changes to Bitcoin, and if something goes wrong, point out that it's in beta. That's exactly the thing. At this point everything satoshi said has become sacred and no one is willing to change anything on bitcoin. Because of that it's so hard to test so many things now because so much money depends on it. People literally freak out at the mention of changing anything. So lets do it with testnet. Testnet coins need value so that people care enough to test it hard-core. Following your logic people should test on Bitcoin because it actually has a lot of value, but then you say that because of it devs are afraid to break something. If testnet coins have value, then the devs will be afraid to break it too. IMO testnet should mimic Bitcoin, and people will have the incentive to test on it because its a valueless copycat of a system which actually holds A LOT of value. |
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That's why in the crypto-world "buy and hold for at least +2 years" has been the winning strategy by far.
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the poll is reset. feel free to vote again
0 votes for "down" atm... Bears? Where y'all at?? hehe Hibernating Proudhon?  Some bears are needed. You know what happens when everybody is a bull.,, |
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IMO is obvious that sooner or later factual powers will attack Bitcoin. But banning it may very well be a short sighted and counterproductive strategy, and they should know it.
Mid term would be more effective for them to buy as many coins as possible and then crash the market so millions of people are ruined. Sure, they would have created notable fortunes in the process, but that's just collateral damage. Most of people would just avoid to go nowhere near Bitcoin, at least for a while.
Long term, not even that kind of stunt may be enough to kill Bitcoin (or a superior decentralized crypto)
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Goomboo, what has driven you towards Bitcoin?
Was it some kind of upward trend? Price volatility?
I guess an asset which price was $0.079 on May 2010 and $266 on April 2013 has quite an appeal for traders Except he began trading Bitcoin way before $266. $0.079 to $32 is good enough |
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I said "in some other variation". Similar things could occur with the Bitcoin client network (see blocksize limit) for instance. Also, while MtGox is throwing over a little crums for the other exchanges, I don't see it losing its status as #1 exchange anytime soon. In 2011, Tradehill popped up and took some of MtGox's market share. Tradehill vanished. A couple other exchanges that were highest in volume following MtGox got hacked or closed due to legal trouble. It's too bad, but there is no singularity in Bitcoin infrastructure and it will be a limiting factor for quite some time. Anyway, we should settle it and maybe one of us will remember the 300k USD prediction in December 2013 and laugh at the other.  We will laugh for sure about the 300k usd prediction in December 2013, whatever the price will be And we should ask rpietila to share with you a little bit of the shit he is smoking while he is not hospitalized, it may help you to control the butthurt 2011 bear syndrome inside you  |
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Mt Gox down  It's working on my end. |
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Somebody has hacked my blockchain account and took everything i had all 39.70btc ive been mining for months!
Im even sat here watching transactions being confirmed and can see the 2 accounts its all now held in, via blockchain info!
Anbody got any advice?
I am sorry for your loss, and I am terrified that I may have the same vulnerability. I have read all the posts to try to find anything that makes sense to me. I am looking in my own account under Account Settings --> Security --> 2 Factor Authentication There are several choices: - none
SMS
YubiKey
eMail
Google Authenticator
Will you disclose which of these you had? I'm glad that you posted this. I would not have known about the YubiKey choice if I had not looked there today. I will switch from eMail to YubiKey. Do I understand correctly that an Android phone was part of your environment? Don't use Yubikey unless you have a Yubikey (it's a physical USB device). And AFAIK blockchain.info do not have their proprietary yubikeys, you have to use a Gox Yubikey, which is absurd IMO (the whole point of 2FA is to use a UNIQUE mechanism for each account). I'd suggest using SMS because you do not need a smartphone and you can easily and immediately recover your phone number even if you lose your device. Google authenticator is good too, but you need to have a proper paper backup of the QR code and/or the private key of the security token linked to the account (this is mandatory or you may very well end up having the same problem described in the "I want to sue Google" thread in the legal subforum) |
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Goomboo, what has driven you towards Bitcoin?
Was it some kind of upward trend? Price volatility?
I guess an asset which price was $0.079 on May 2010 and $266 on April 2013 has quite an appeal for traders |
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Weekend dip is a classic situation.
Anyhow, move on low volume.
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the bid / ask sum must look ridiculous right now.
can someone post a pic idk where to get that one.
Your desires are orders  |
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Kudos to Mike for the explanation.
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Looks like my dreams of early retirement may materialize this year!
when you hold AM, all dreams are filled  Especially if you bought at IPO price. What an amazing return. And I just declined to buy when I was offered at 0.3 BTC per share... |
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I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
That comes with liquidity |
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$167 and I am a bull. Until, sorry Yeah, who's not going to be an ultra bull when $166.43 (30d high) is left behind ? You could have cheaper coins than that my friend, just do not wait until then so you assume he is not on the market just because is not a bull  I assume he is not in the market because he said so during his bearish triangles prediction made one month ago and that we are discussing now. |
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$167 and I am a bull. Until, sorry Yeah, who's not going to be an ultra bull when $166.43 (30d high) is left behind ? You could have cheaper coins than that my friend, just do not wait until then |
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My inner bear won't go away for good unless we break $130 consistently and on decent volume.
And $50 looked like the very bottom, unless something really disruptive happens I don't see how we could go below that.
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Already 2 users on this thread affected by the thief. And that address has plenty of coins, if all of that is from stealing (116BTC) is quite a successful raid.
Hope we end up knowing what kind of exploit was used.
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Just buy and never sell. When it drops, buy more This. This +2 |
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