Why good-bye? Governments are just saying it's not recognized as a currency which is okay it doesn't mean you can still use it or find away to exchange it for cash. It's like gold and silver, if you walked into a bank with an ounce of gold they wouldn't give you and money for it because it's not legal tender. Same applies for bitcoin, if its not legal tender there will be outlets that will exchange it for you.

Secondly the bitcoin exchanges need to step up to the plate more and be more friendly to the banks and governments so they aren't closed down. Even still if they are closed down there will be a crypto currency underground movement that will exchange your coins into money. Thirdly you also need to stop thinking of the exchange rates from bitcoin to money, what happens when the money collapses and is gone what are you going to value bitcoin against or any other crypto currency?

So what does this mean? Interpol could be looking for Bill Gates for a we know.

This sounds more like a fear mongering attempt by you!

After reading the story below (it was posted by someone in this thread) I realized one of the things that is mentioned is the problems that MtGox is having with the banks. What is the main reason why there is a back log in bitcoin trades is because the banks and governments have decided to not accept any money from MtGox anymore that they are holding them up.

http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february

"Q1. What is causing the withdrawal delays?
• Well, because Gox is the best known of all the exchanges, we have been under the regulatory spotlight.
• This has created problems with government agencies, and also with our banking partners.
• There are also some ongoing investigations, which we cannot talk about."

I think if this is the case and the banks and the governments are tying up their bank accounts it would be in the best of interest of MtGox to explain themselves as things could turn around more in their favor, instead of giving people their bullshit.

Canada has also come out and side that Bitcoin isn't considered to be a legal currency. But who cares as gold and silver aren't legal currencies either. So these bills and the fighting off Bitcoin is something that will come and pass because the banks stand to lose huge amounts of money if it was only gold, silver and bitcoin.

The bitcoinblock application had only been downloaded 120,000 times over the last couple of years, I guess Apple figures that if 120,000 Apple left it wouldn't be any lose to them.

Wow that's exact what Max Keiser has been saying about the exchanges. They simply don't care, Max believes the exchanges needs to change before bitcoin has the slightest change of becoming more stable.

Great story I recommend everyone read it. And if anything if you have bitcoins in MtGox I would take out of them, even if they are in cold storage. There are other places and other technology to put your bitcoins into cold storage.

This is why exchanges needs to stop running in hobby mode and get serious. I wouldn't be surprised if we see the price of bitcoin fall to a new low and that people who are on MtGox move away from MtGox all together and start using some of the other exchanges instead.

I am surprised there isn't a stick on exchanges and their overall rating on this form, so that it gives people an alternative look to where they can do their trading if they don't like the exchange they are using, such as MtGox who is fracked everyone over 38 million in bitcoin trading. If a normal exchange did this the securities commission would come down on them hard!

Bitcoin needs to become less as a hobby and more like a serious currency.

Bitcoin is close to $700 CAD this morning. If this keeps it will be worth $0.05 in a week.

Apple has ripped everything down off their App Store that is bitcoin related. They speculate that Apple will be coming out their own currency next and don't want people having access to bitcoin.

http://www.pcworld.com/article/2095060/apple-removes-blockchain-last-bitcoin-wallet-app-from-mobile-store.html

http://money.cnn.com/2014/02/06/technology/apple-bitcoin/

Sad day for for bitcoin.

Now the price is at $850 CAD and falling.

Can those of you use have set maxconnections on bitcoin.conf and added the --max-conns and --out-going give me some idea what you used and what your bandwidth (up and download speed) is?

This would give me some idea of what range I should be in on my own node for my bandwidth.

Thanks

I love the front-end you did with the exception of the status page which is obviously the extended front-end. You should stick a miner on your node/pool so that it doesn't look bare.

Wait, are you saying that MPOS is a solo mining app server?

This might be completely off topic, but have you P2Pool owners tried MPOS and can tell me the pros and cons of setting up MPOS as a second server as supposed to P2Pool?

Thanks,

Wow thanks for the very immature comment! LOL

Otherwise I guess the coins have to be setup on different servers, same hardware, different ports?

So if i do merge mining with P2Pool how do the stats show up on the front-end for the other coins?

Does anyone use cable internet 35/4Meg, or anything close to it? I just wonder what your maxconnections is set to?

Thanks,

Sorry what's merge mining?

So basically they can't run from the same server, I would have to create a P2Pool2 folder and install P2Pool into it to run Litecoin say, and P2Pool3 to run Doge coin, etc.?