Thats an Avalon if Im not mistaken and Im calling the site in the video details a scam.
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so mtgox is going to happily let me transfer my $300k to another exchange now that i realize their site blows?
Are you claming that mtgox would hold your money for some reason ? Ofcourse you will have to withdraw it to your bank account first, but Im sure this wont be a problem.
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Seeing as the new price for 65GH/s is 5.5 grand (Avalon) be sure that the competition is going to do the same. Shit people are willing to pay 20 grand for 65GH/s.
Supply and demand.
Has someone actually paid 20k, or are you talking about the ebay scams ?
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The market is wide open, make something better. Im sure you'd get customers.
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In BFL's case that currency was BTC.
And you actually have a product to send them. Not a ranting bully of a COO who promises next week when there are a dozen milestones before shipping still to go.
True, but in my understanding most people who have been ranting about btc refunds from BFL work under the assumption they get the same amount of coin back. I did briefly consider pursuing gold versions of my goods with pre-order btc. I didn't like the notion nor the position I would of have been putting myself in and quickly dismissed it.
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You have my attention aswell.
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If I buy something from you in BTC and return it as defective, what currency will you give me a refund in?
In the currency you paid, but not the same amount, exchange rate fluctuations apply. I first and foremost offer to re-ship the ordered item and to date this has been fine with my customers.
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I guess someone needs to define at what point is a incompetent operation considered a scam.
Right about the time when they nolonger process refunds or accept chargebackable payments ? [edit] This talk of btc refunds is absurd, fiat refunds are what you should expect.
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I can reccomend beefsock 's work. He has a thread over at marketplace/services.
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The shovels-future market does look a bit bleak these days.
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I have once, for the price of a 6990. He got caught and recieved a sentence. I havent seen any of my money tough, I do have he's info nowdays so I suppose I could reack all sorts of havock if I felt like it. Havent bothered so far.
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Fuck the law, if you live in another country just grab the damn coins!
Wow, you definitely make it on to my "do not trust, ever" list. I also felt the urge to give that ignore button a go, dispicable.
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Here: https://mtgox.com/press_release_20111014.htmlSnippet: We would like to use this opportunity to formally announce that all trademarks related to the term “Bitcoin” filed for and obtained by Tibanne K.K will be made freely available to anyone to use for whatever purpose whatsoever, whether that be for non-profit or commercial endeavours. We will keep you apprised on these matters as soon as updates become available. Regards Mt.Gox Co. Ltd Team. Annnnnnd, a long discussion about it if you can search: https://bitcointalk.org/index.php?topic=82224.msg906245#msg906245/thread OP should check things before posting in the future just in case. Hardly /thread. " will be made". as in have not been made. Any followups to link ?
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This is not a bubble...
Im not saying it is a bubble, im saying it will become one if more and more money flows in to bitcoin, without having any use for it at all.
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As a general rule, the owner of a trademark should be very agressive in protecting and defending his trademark against infringement. Failure to do so might cause the owner to lose the trademark rights and prevent the owner to be able to bring lawsuits against any other infringements if they let somebody to infringe without repercussions. MtGox is has quite probably already lost the rights in this matter as I have not heard about thousands of lawsuits they have brought up to prevent others to use the word. So nobody should be worried what MtGox could do. MtGox is definately not able to say publicly that they are not going to be hyperaggressive. That would definately lead them to lose the rights. On the other hand I believe MtGox owning the trademark prevents anybody else from claiming it is their trademark.
Disclaimer: I have never read any lawbook in my life.
I sure hope this is correct, as somebody who has and will be using said traidmark. Asfar as preventing others from claiming the trademark, thats all good in my book. Still a statement of some sort would sure be helpful.
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I feel this concern is valid. I would love to see Mt. Gox enter an open discussion about it.
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Danny is exactly right. I have no intention of converting my Bitcoins for USD.
I fear you may of have travelled too far back in time. Dont get me wrong I personally love this, but we are still quite some time away from your suppliers accepting bitcoin, correct ?
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It's only a ponzi if the majority of bitcoin "users" behave the following way: 1. Aqquire bicoin. 2. ?? 3. Profit.
..come on people it's a currency, ment to be used. Theres nothing wrong with saving, but if you dont even consder using bitcoin in any way all you are buying in to is a bubble.
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