If they didn't announce the bug, I think the btc price wouldn't have plummeted.
That bug (Transaction Malleability) was discovered in May 2011, and there has been through discussion at that moment. The problem with mtgox is that, they have been ignoring it for almost 3 years, and use tx id solely to recognize withdrawals. I believe the "crash" (or "correction") in btc price is due to, panic-selling from uninformed people reading those FUDs (eg. bitcoin is flawed, etc). |
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Busted lol.  OP, I guess you need a new account and website now  |
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Could you please respond to my PM? It's really important.
Thanks.
Maybe you should send your PM to casinobitco, as he is the new owner... |
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This ponzi is not linked with those.
Huh? Are you drunk now lol?  Did you preview your post before hitting post, and did you check the link you post lol? |
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WTF is this lol? I first see Ponzi.es in the title. I then see a link ponzi.be, which redirects me to ponzi150.tk and shows 403 Forbidden lol. |
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So how is Mt Gox different from any other exchange in that sense?
I mean, can't the same thing happen to any other exchange?
Yes, so you shouldn't store your bitcoin on an exchange. What makes mtgox different is that, people have been experiencing all kinds of problem on it from time to time. For example, people have been waiting for months for their USD withdrawals already, and there has always been rumours that mtgox is close to insolvent... And recently, mtgox even stops btc withdrawals, and we have no idea how much mtgox has lost with those malled tx... |
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I believe mtgox is already dying...
IIRC, there were posts out there saying some guys were able to withdraw bitcoin from mtgox again and again by cheating mtgox with malled tx...
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Thanks, guys. I ended up using coin.mx. Worked like a charm! Good to hear that. Maybe I will give it a shot |
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I am new to bitcoin but I don't understand why would someone hold their bitcoin at an exchange like Mt. Gox vs. on a drive somewhere? What am I missing? Isn't this the type of situation cryptocurrency is meant to avoid (money held by banks, etc)? Why would you risk storing your bitcoin at an exchange, is it simply a security thing? You are right, bitcoin is designed to work decentralized. Some put their bitcoin in an exchange for day-trading. Some just consider it as an easy-to-use and easy-to-access wallet and ignore all the risks (site hacking, owner runs away with the money, etc).......until now.... |
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I would be happy to make an account and deposit funds to play  You don't need to make an account lol. Just send your bitcoin (within min and max amount) to one of those 1dice address, and you will get the payment in seconds. |
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Your very first post here is to announce your ponzi lol?  |
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Mining is essentially a contribution to the community. Profit is more or less a by-product. And in any scenario the earlier you get in on something like bitcoin the better. Meaning the time to act is now. If you want to invest in mining equipment, do it because you to be apart of the community and watch it grow, not because you are looking for it to be a means to an end; i.e. short term profits.
True, some people are mining for fun, some are mining to support the bitcoin network... |
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I don't get it at all... How can the site damage your BIOS?? |
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No it won't be worth it
Agree. That hashrate is for scrypt hashing only. |
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Judging from OP's post history, it seems he sold his bitcoin on mtgox in Jun 2011...
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no risk no gain
True. current price worth taking some risk.
IMHO, the risk is way too high, and you will probably get nothing back... |
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I spent it all on pizza long ago: https://blockchain.info/address/1XPTgDRhN8RFnzniWCddobD9iKZatrvH43-4 years ago there were less than 100 people frequenting this forum, and I was pretty happy to trade 10,000 coins for pizza. I mean people can say I'm stupid, but it was a great deal at the time. I don't think anyone could have known it would take off like this. Laszlo OMG!! The legendary pizza buyer is back!!! |
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