Updated to reflect latest versions of all clients.
Good work. Have you spoken to the weusecoins people? Get them to link to you. |
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I don't know how high it will go, but the air is rather thin already.
We're in this massive rally and the volume is lower than it was at stable-5-times. That crash looked like a burst, yet the price rallied back up right afterward. These aren't signs of a healthy market.
Once again, we may rise further, but I would be surprised if it's into a time of stability.
^ Thats my view. We are in a bubble however the correction will not be huge, maybe a $2-3 drop max. It won't hold below $10. Look for the calm before the storm. Low volume and low volatility will mark a plateau and a turning point. |
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Won't this make future transactions very inefficient? Correct me if I'm wrong but isnt the whole transaction log for any given address used to sign and broadcast future transactions?
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There are a lot of flaws with bitcoins, and it pioneered cryptocurrency. But do we still dial up to BBSes today? Use gopher? No, it has being replaced by the world wide web. Bitcoins will be replaced, don't put your life savings in.
Come on.  Bitcoin isn't software, it's a protocol like email.
Google didn't invent their own email protocol when they developed gmail - infact gmail would be useless if it used it's own protocol because you would only be able to communicate with other gmail users. The BBC would not be able to send an email to a gmail user from an @BBC.com email address.
Protocols are very resilient - even when they become outdated because they are just protocols without a hidden agenda.
... in technology, the first decent implementation of almost any standard that is adopted by a majority will always succeed. |
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Lool awesome post, yeah mods need to show all the original posts  |
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donate coins |
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And to answer a few of your other questions, I believe Tibanne is the original company that was used when the CEO was an independent contractor. For business purposes in many countries it's beneficial to work for others through your own ltd company for tax reasons. He since acquired Mtgox and runs it day to day which is why Mtgox on paper is owned by Tibanne.
I can confirm that I have a direct contact number to a real human.
...and for the record I regularly trade $10k+ per month with them.
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1. Provide a copy of your business license. The Tokyo CCI said all businesses must be registered with the tax authority in Tokyo. This is public information, assuming you can read/write Japanese and know how to find it.
2. Provide a phone number that reaches a real human, not a virtual receptionist at a virtual office.
3. Explain, in detail, how our identifying documents are handled, stored, retention times, and when copies are destroyed.
4. Post pictures of your employees with contact info, leave the exif image information intact.
5. Explain the US affiliate and what they do.
6. Explain how you check the identifying documents. Unless you check a national clearinghouse tied to a verified government database, it's easy to fake these documents. This is doubly true for Americans.
Has anyone actually been to the mtgox offices to meet them?
Has anyone actually met the CEO?
For someone with a large trading volume and proclaimed 80% of btc transactions, you'd think they would be at any of the past bitcoin conferences or have made public appearances somewhere.
Added at Tue Sep 18 14:22:23 UTC 2012: For some reason this part was cut off from my copy and paste into the form:
Let me be clear. I want to trust mtgox. I want to use them as a btc bank and work with them as a real company. I'm fine with mtgox being 2 people in a virtual office to get started, but given we realistically can't all fly to Tokyo to meet you and have a meeting, we're forced to evaluate the company by other means. I do travel a lot for my day job. I may be in Tokyo in early 2013. I'll find time to meet with mtgox people if I'm there.
Yes I have been down to their office and met the team. Roger Ver from Memorydealers took me down there when I was on a trip to Tokyo just 3 weeks ago. I was very impressed at their operations as they seemed very professionally run for a small company. I can confirm its not a virtual office, and yes it's run like a real company. The CEOs are very switched on and know what they want from Mtgox. Having said that they are super busy so attending conferences might not be their priority... Giving talks isn't for everyone. Also if you want to question their trustworthiness then check out their audits and publicly available trading volume data. The amount you invest is most probably going to be dwarfed by the amounts traded on a daily basis at gox. I believe a number of accounts are easily within the hundreds of thousands of USD. |
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I should have clarified. I need some web based open source charting classes to do this. Otherwise it wouldn't be browser based. |
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Has anybody got any software recommendations similar to Ninjatrader for a Mac?
I'd like to perform backtesting and basic technical analysis on btc data.
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 Loving this. Glad you enjoyed it Sent you 0.05 just for the lols u provided. Have u considered drawing cartoons? Your drawings are entertaining. How about a pic of our much loved friend Pirateat40? Even better yet, get bitcoinmag to print it. |
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I don't understand why people spend 1700 dollars on a mining rig, when they could spend that same 1700 dollars on investing into bitcoins, because you are not guaranteed a return if you mine solo, only if you pool, and at that point investing would be the better option as your return to time to risk ratio would be much profitable than any other method of acquiring bitcoins.
I am actually looking to invest in bitcoins very soon. is it even possible to buy large amounts of btc at once?
Some are hobbyists who do it for the enjoyment. Remember those who ran SETI farms? There was almost no personal benefit to the individual other than the enjoyment and challenge of learning how to set up all your rigs. Folding@Home is another example although the justification there is to aid medical research. If you enjoy tinkering, go ahead and buy a rig, if you want to have a dabble in trading then just buy coin. and yes, it is possible to buy lots of coin. I'd recommend not buying it all at once though, maybe over the course of a day. |
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Good work Gavin + team, much appreciated.
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Loving this.
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Bah... I've been continuously recommending a greek subforum since their economy went downhill.
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Very secure, I'd venture to say it's as secure as an ewallet can possibly be.
Your wallet is stored encrypted, it's only decrypted on your computer and never leaves it in such a form, you can email yourself a backup copy with 1 click and you can use two factor authentication and a javascript verifier.
How secure is the encryption on the wallets that are stored on blockchain.info's servers? Also, there is the ability to use a second password to protect your wallets, am I right in saying that this is the same type of encryption used in the Bitcoin-qt's password where you need it to send funds? |
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I know this has been discussed in the official post but I wanted to ask in a separate thread for clarity.
Just how secure is blockchain.info with my private keys?
From what I can gather, your info is all AES encrypted however its ultimately stored centrally on the blockchan.info server. This makes me feel a little uncomfortable.
Whats stopping someone with access to the server performing some kind of man in the middle attack?
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Yesterday I was looking at map that showed popularity of bitcoin worldwide and was wondering why Russia got the first place.
There is a good reason for bitcoin being so popular in Russia.
It is probably because there is a Russian TV channel that discusses bitcoin all the time: "Russia Today" TV (rt.com).
This may tell us how important is mediatic coverage for bitcoin popularity.
Where is this map you are looking at? |
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it turns out pirate was able to fill my order. Not funny =P Loool, yea agreed, its not funny... its hilarious |
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