Hi, you misunderstood me. I was talking about mtgox, not LastPass.
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That's not the story that was presented.
You can check it for yourself. They really don't try to block you after 3 tries. It probably doesn't have anything to do with how the hacker guess it but it could help.
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She have two problems: Laziness and inability to update belief.
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Site store kinda messy. Could be done better.
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Last time I check, MtGox doesn't prevent people from trying as many time as they want. It should be something they fix, but don't.
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The difference is, that in Bitcoin, some of these rates CAN be sustained. Bitcoin has such low fees and almost no government interference. Bitcoin loans are often 10% MPR. Mining can get you 1% WPR. I don't know about 7%, but Bitcoin is not fiat, and it shouldn't be treated like it has fiat's limitations.
The old rules still apply: If it sounds too good to be true, it probably is. No matter what, it still won't excuse you from doing your homework and due diligence.
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Why go through the trouble of telling people about hacks and passwords and staying where you are when you can just quietly shut down and run far far away with the money from where you live? Why the complicated gambit of appearing legit and why risk jailtime for your robbery?
Let me tell ya, it isn't really an inside job. It's really just extreme incompetence. There's no conspiracy, because if there was, it was an extremely unbelievable conspiracy with a well executed unnecessary complicated gambit.
And it won't make you feel better knowing what I said.
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The sad fact is: being an early adopter does in no way guarantee that you'll become rich.
People will be scammed, lost bitcoin to bad investment, lost bitcoin to forgetting passwords, lost bitcoin due to no backup, lost bitcoin to real life circumstance, etc.
Bitcoin is not easy money.
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Good advice that I expect will be widely ignored: only invest in what you know.
We need a bitcoin motivational poster: DO YOUR HOMEWORK!
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I doubt there will be more than a handful of bitcoin purchases but I hope they like it nonetheless.
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I was busy working on other projects and didn't have the time to develop the extension very much, but I didn't forget to update chrome-bitcoin every Friday.
This time, I merely made a transactions page in which you can see the last ten transactions.
Next update will probably have something to do with blockchain.info. If not, expect to see the transactions page improve.
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Because... why? There's just no incentive for weex to release this information. I would like to follow the beat and pulse of the community by tracking economic activities. It's a shame that those information are considered business secrets.
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imho they'd raise a hell of a lot more by sticking with a payment method that doesn't require the permission/consent of their enemies and showing that they can actually do real work with funds from that source.
Really? Bitcoin also need the consent from its enemies to keep money flowing into the system until we get big enough.
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I agree and have no plans to provide such data.
Why?
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I think this is a really bad idea.
Why?
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i think i get how this works now.
on one day, someone buys up a lot of bitcoins causing the price to rally. there was no news whatsoever but it rose nearly 10% (with average purchase price well under $8.50)
the next day comes the pump article from a conde nast publication which talks about the huge rally, which sucks in a lot more buyers (well over $9)
there is a little volatility, as the pumper unloads some of the bitcoins that had been bought.
then the next day from the exact same conde nast organization comes the dump article, how bitcoin is the grease that helps arm a guerrilla army
and once the price starts to dip, commence the huge selloff bringing things back to about where they were before (with average selling price well over $8.50)
someone at conde nast knowing in advance that the armory article would be coming out would probably not publish the "omfg itz $9" article. but since it is two separate publications, there is plausible deniability.
Except the whole price increase is done before arstechnica reports on it.
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nothing changed in the comments section =) some people in 10 years will be saying same thing over and over while rest of the planet moves on to a new form of value exchange
Ten year is enough time to make wikipedia skeptics to go away. We just need ten years for bitcoin skeptics to go away too.
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Instead of hamsters, you should use naked mole rats! Why, you ask? Because they can live up to 28 years, can't get cancer, don't age and is immune to hot sauce. That's why!
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"Of the people" sounds to me too much like "Of the 99%". It sounds politically charged, even if it arguably isn't.
Yes. It's important to remember that EVERYONE can adopt it for any reason and that include 1%ers and drug lords!
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