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I'm surprised there isn't something more damaging that can be done if you get enough nodes to change a majorities time. It seems like all he gets is a small chance to put a few false confirms on one or a few nodes.
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nice idea, but insecure, by EC-usage.
not so much computing resources saved, but timing and mathematically questionable security of EC- signatures/cipher.
Lol, how are you going to do a timing attack? |
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In less than eight hours, it will be up. Personal commitment to you and me.  It's just down to extremely minor tweaks. Re: Option type: American. Re: Covered; right now, you must be able to cover with the underlying. v2(3?) you will be able to buy to cover. Later, it's possible we'll allow more speculative buy/sell, and just close you out when you get close to your limit. As we all know, BTC make the lending / margining situation much more difficult than in most western countries, so I don't really expect we'll do much margining. It's possible I would eventually pre-auth credit cards against losses, but right now, I just want this thing out the door. Nice. Any minute now... Are you saying requirements won't net out? That seems pretty harmful if so. It seems like that just means we need to leave more with you than necessary, am I misunderstanding? If I buy a put and sell a call do I need the full size of the call or my max loss? Any margining should be from a straight loan where the lender takes risk of non payment. I don't think people will care if you are the lender, but not with our money. Perhaps eventually you could come up with a conservative rule set and give traders with extra dough the choice of using their money to lend at interest. Do you have plans to get less dependent on MtGox? |
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Why do you think the piece was bad? They addressed potential positives and negatives of bitcoins, and stated that Bitcoins may "do for banking what the internet did for publishing." Some innacuracies, but that is to be expected. If you ever read or hear a news story about something you know about, you realize they get about 65-75% of the information accurate usually, so NPR did a decent job in my opinion.
They didn't say much besides "There is no record of transactions" and that's false. So it kind of sucked. |
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It will be a QE3, after it will continue to 4,5 ... n.
Nobody wants to deal with the boogie man -austerity measures, so they print and print and print...
I bet it won't. I bet they call it something else so they can shout over and over how they stopped QEing and you should hate the market for the prices rising etc. |
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It was mentioned twice in the Press Hits thread. For anyone who doesn't know it's about 3 minutes with the woman who wrote the slate article and doesn't understand Bitcoin. |
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Why would the more tech savvy use a web wallet?
Sorry, I meant the opposite (less tech savvy). I'm not native English so I get confused with the terms sometimes Ah yes, this is probably true until there is reliable protection from viruses etc. |
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Hmm, I'm not seeing where it says international wire on the site now. I guess send an email to info@mtgox.com to see if it is possible from Singapore, assuming you have a bank account. Thanks a lot, I sent an email to info@mtgox.com just now. Hope they will reply. And I find a guy in Singapore who would like to sell me at 1.15 to 1.2 times the Mt Gox price. I'm a bit hesitate to deal with him. Just because of the price or other reservations? at 1.2x I would take my chances with however long it takes at MtGox, hard to say though. There are a lot of people who saw the price move 100% on them while waiting for funds to move. Does the guy in Singapore want to meet in person? Maybe agree to a small amount and then see if he wants to do more at a better rate when the cash is right there? Even if he doesn't at least you get some quickly. Good luck. |
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Compared to investor tools such as Interactive Brokers it's pretty user friendly. At least the client doesn't have blinking red and green stuff everywhere. It really has only a few buttons, "send coins" "address book". How much less complicated can it be?
Also, the really tech savy should probably be using a webbased BTC wallet instead of the program.
Yeah, it isn't that bad. I'd like more features actually. Like choosing coins and importing/exporting keys. Why would the more tech savvy use a web wallet? |
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Hmm, I'm not seeing where it says international wire on the site now. I guess send an email to info@mtgox.com to see if it is possible from Singapore, assuming you have a bank account. |
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Don't feel too bad. I bought $15 worth asap and before I got a bigger chunk they'd gone up 100%. I think everyone always wishes they'd gotten more and earlier at this point. Hopefully we'll always feel that way.
I have to keep persuading my wife I'm not crazy. Hence, DBC. I don't even try for "not crazy" I'm working on "not too crazy". |
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OT is too much trouble. Does anybody knows an easier way? For example, I noticed that there is a website https://clearcoin.appspot.com/Is here anybody know about this website and trust it? I would like to trade with you using this website. Clearcoin holds bitcoins until both parties are satisfied. That doesn't help you get money to someone who has coins for you to buy which seems to be your problem here. Can you not do a wire to MtGox? |
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Ran Prieur's blog, April 22, 2011. http://john-edwin-tobey.org/cgi-bin/ran/2011-04-23T05:13:26/ranprieur.com/index.htmlBTC was around $0.80. I told my wife not to expect much of me for the next week. A few days later, I had decided to invest in BTC, which were then around $1.30. I scrambled to find a way to transfer money, and by the time I had my first non-faucet coins, they were $3.20. Now I refer to BTC as "DBC" for "damn bitcoins" but am still not much use around the house. It's always nice to hear that other people are as distracted over it as I was. Don't feel too bad. I bought $15 worth asap and before I got a bigger chunk they'd gone up 100%. I think everyone always wishes they'd gotten more and earlier at this point. Hopefully we'll always feel that way. |
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And I was looking forward to what currency they use in Hell ='(
Probably like the dollar with a different name. But they may have worse, dollar seems more like purgatory to me. |
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This was kind of handy, but now it's a drag. I'm on a slow connection and I just had to click post 3 (3!) times. I didn't see a way to turn it off, do we really need it?
It's useful in discussions, but I also think one notification per new post is enough… Conceivably in the future a thread could get so hot that you could never get in on a slow connection! I'm actually annoyed at it in general. Normally if you post right after someone you can still get "credit" for it, but with the warning sometimes I feel like I should delete because it's already there in about as good words, and I know that everyone will know that I should have known about the previous post. |
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A money that encourages you to buy things under the threat of losing your wealth is not as good as a currency that pays you for waiting. It doesn't make you wait, it just pays you if you do.
Child has 2 apples. Tell him eat now I'm taking half tomorrow. OR. Eat what you like, I'll double your apples tomorrow. Which is nicer?
Also everyone coming in pretending this increase in value is guaranteed is a little silly. You should only worry about spending your deflationary money or not once you've run out of the crap money.
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The government could sanction/bless 21 million coin blockchain currencies of any bank that puts 21 whole actual original bitcoins on deposit at the central bank to "back" them. The government could thus act as buyer of last resort for each bank's branded currency (branding is in, branding is cool, everyone wants to brand stuff), buying it at one bitcoin per million coins if no-one else will buy the stuff.
Thus people need not use actual bitcoins, the global reserve currency, in their day to day domestic affairs...
-MarkM- (Actual number of bitcoins to be deposited to back each coin not necessarily having to be 1 per million, of course, that is just an e.g.)
And every bank pays for their own hashing to keep attackers out instead of all of us hashing on one chain? High price to pay just to restrict the number of people you can transact with and add parties that can screw you who incidently have a history of screwing you. |
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"never traded much through the forums" and 1 post should have been a give away. Why a tiny lie? I don't know.
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Hmm, wait until it passes max neg int and resets and withdraw max pos int?
I don't know why he made a new site and let it go to crap. Should have sold it for something back when he had a reputation.
edit: Not trying to freak you out, it'll probably get fixed eventually.
I hope so, but I can't make any trade now. I think it's kind of technical accident, too. But even it get fixed eventually, I won't put my coins on it anyway. I loved bitcoinmarket back in the day, but not anymore. |
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