It's clear that speculators far outweigh people concerned over any type of financial confiscation.
It's nothing new  Nonetheless I think the difference between the amount of speculators and 'real' users is (slowly) decreasing. |
|
|
|
|
A lot of people use alternative clients and many Bitcoin users don't use a client at all.
|
|
|
|
|
Mt. Gox was one of the first exchanges and everyone knows them; one could say they are ''well established'' within the Bitcoin community.
Other exchanges often get hacked or die due to some legal issues (not like Mt. Gox never encountered any problems).
As for their AML/KYC policies, they gather more information than it is required from them (I think they even admitted to it somewhere last year but I can't find that post) because they want to be ''extra careful''. I am not from US but as far as I see the finance sector is very heavily regulated, especially after 2001; thence why it may be difficult for Americans to open bank accounts in many foreign countries.
Most of Bitcoin exchange is done through Mt. Gox and one blow (hack, govt seizing their bank accounts, etc.) and the price of Bitcoin globally (i.e. on all exchanges) falls fith-fold (just an estimate out of my ass), similarly to how it happened in June 2011, few weeks after I got involved with Bitcoin. I am now moving my funds to other exchanges, their trading lag was what finally prompted me to move and as Bitcoin increases in value we need its exchange to be more decentralized.
|
|
|
|
So you've read of all of this and you're still wondering... "Why is your ignore color so dark!?". Well, that's because I enjoy doing entertaining things for others, including paying $500 (5 BTC) to Theymos to make the colors change based on ignores received. Bitcoins were worth $5 each back when you donated those 5 BTC towards the bounty... |
|
|
|
|
Even if it's CPU based that can be a couple hundred GH/s. You could try running it on the lowest priority so that it doesn't disturb other peoples' work. Or you could find a legitimate excuse for using the supercomputer and run a bitcoin miner alongside. I think the best solution to your problem would be to find a way to legimitimize your bitcoin mining. Maybe convince your uni you would like to do research on the bitcoin protocol, run a node, your own pool and mine.
|
|
|
|
|
I never really liked the term Web 2.0 but I thought these terms were not related to the broad term of 'Internet' but only to websites 'n' stuff.
Bitcoin is much more than that but we could say part of Web 3.0 could be decentralized* payment systems.
*in theory though, Mt.Gox needs some proper competition
|
|
|
|
Absolutely disgusting.
 |
|
|
|
Jak wyglada sprawa przelewu ESCROW John k. jakiś manual można?
Wyslij mu PM. Tu jest jego watek: https://bitcointalk.org/index.php?topic=141672.0Prawdopodobnie cos jak kazdy +/- inny escrow: 0. Cala komunikacja odbywa sie przez GPG. 1. Kupujacy i sprzedajacy kontatkuja sie z John K. 2. John podaje adres kupujacemu do wyslania BTC. 3. Kupujacy wysyla BTC na ten adres. 4. John potwierdza odbior BTC oraz przekazuje te informacje sprzedajacemu (jako dowod moze podac adres, na ktorym sa BTC oraz udowodnic posiadanie klucza prywatnego do tego adresu (sign message) 5. Sprzedajacy wysyla produkt / wykonuje usluge kupujacemu. 6. Kupujacy potwierdza odbior produktu / wykonanie uslugi. 7. John wysyla sprzedajacemu BTC. 8. Koniec. (opcjonalnie)9. Na poczatku lub pod koniec okreslona kwota lub % transakcji (platny przez jedna, druga, lub obie strony) idzie dla Johna jako prowizja za pomoc. (w razie problemow)W razie problemow, ktore moga wystapic w punktach 5 i/lub 6 John wysluchuje argumentow obu stron i ew. kontaktuje sie z Theymosem, w przypadku oszustwa podejrzewam, ze jest mozliwosc dania stronie oszukujacej scammer taga. |
|
|
|
The bounty is 10 BTC not 100...
Please accept my apology. I'm going to fix it now. In my mind I was figuring 10 X ~100 BTC, hence the error. No problem it's not me who's the scammer AFAIK only Theymos can scammer-tag people so if I were you I'd send him a PM with all the evidence. |
|
|
|
|
The bounty is 10 BTC not 100...
|
|
|
|
|
I'm angry with the lags and leaving now for bitcurex and I encourage all of you to move your money to other exchanges as well, they don't have that much liquidity but this won't change until we all leave Mt.Gox. Not to mention current centralization where most exchange is done at one place is undesirable.
|
|
|
|
The SEC is moving forward with the case, albeit slowly. Pirate will be going to prison. But these things take time.
Enjoy,
How sure are you about that? I haven't lost money to him (refrained myself from sending money to him despite the temptations  ) but I'd love to see a bitcoin scammer finally go to prison. |
|
|
|
Someone I know just got busted by the dea with a large quantity of money. They confiscated all of it as evidence on the basis that the defendant doesn't have a job.
I don't get how when they do big seizures, the confiscate cars, boats, houses, etc. They must have a shit ton of evidence proving that they bought all that with drug money.
In my country first they seize, put you in prison for a year or two, and then start looking for evidence  |
|
|
|
|
Sell it all as soon as possible to recover as much as possible money; you have no idea whatsoever how to build a mining rig that will not be a liability (not to mention that the days of GPU mining are nearing the end). Doesn't matter which coin you will want to mine it's not worth with what you've built.
|
|
|
|
To clarify, it's not something I want to do, it's something I suspect could be done by ASIC developers (mining before shipping). When I go to blockchain.info, it shows a pie chart showing the dissection of mining pools and their hashing speed. When a new block is found, it shows that IP with a label for which pool it came from. This is why I ask-- couldn't someone just change their IP everytiume they submitted to make it look like they were multiple individuals and not the same miner/pool?
The IP address you're referring to is the IP address of the node that first relayed the block. It is possible that someone with a better connection may appear as a large ''miner'' if he relays a block created by the actual miner. There was a bit of ''panicking'' a while back over this. |
|
|
|
I have a question.What the fuck is it and how long we (traders with good liquidity and own professional tools) will tolerate zero-give-a-fuck behavior from Mt.Gox side? Thanks you. Until they have a proper competitor. |
|
|
|
I have a question to those residing in the US. Could American users of Bitcoin be classified and sentenced as domestic terrorists? From what I have read Liberty Dollars were regarded as a form of 'domestic terrorism'There is a critical distinction, in this regard, between NotHaus' Liberty Dollar and Bitcoin. NotHaus was purporting a USD denomination by calling them "Dollars" and using the $ symbol in its design. He also demonstrated the critical misstep of centralizing its production... There has to be someone to sue. A few dozen countries also call their currency ''dollar'', a few use the dollar sign and yet we do not see US invading them for doing so |
|
|
|
I have a question to those residing in the US. Could American users of Bitcoin be classified and sentenced as domestic terrorists? From what I have read Liberty Dollars were regarded as a form of 'domestic terrorism'http://en.wikipedia.org/wiki/Liberty_dollar#ConvictionAttorney for the Western District of North Carolina, Anne M. Tompkins, described the Liberty Dollar as "a unique form of domestic terrorism" that is trying "to undermine the legitimate currency of this country". The Justice Department press release quotes her as saying: "While these forms of anti-government activities do not involve violence, they are every bit as insidious and represent a clear and present danger to the economic stability of this country." |
|
|
|
|
Show Posts
