In such a loong history of gold. Was there any of it lost, stolen.?
There's quite a lot at the bottom of the world's oceans. |
|
|
|
Price is still holding strong though
Famous last words |
|
|
|
|
Still unknown. Mark might know but he isn't saying.
|
|
|
|
|
Many people will be scratching their heads in 6 months when Bitcoin is still around.
|
|
|
|
|
<RogerVer>MTgox claims that someone was using the transaction malability exploit for years to steal coins, and they never noticed until they ran out of coins.
They'd have more credibility if they blamed it on aliens
|
|
|
|
Is this good news?
It could be good news if you had a verified account and you weren't a top 10 Silk Road vendor. |
|
|
|
I would really like to meet this person who goes "Hey! Look! People who invested in bitcoin lost money because the exchange service turned out to be fraudulent. Wife, give me my wallet, I'll better transfer some money to a bitcoin exchange quickly to buy those bitcoins"
Why don't you stop spouting nonsense and reply to my sharp observation
Bitcoin was already trusted in around 2011. Mainly in a drug community, but still.
The new currency needs security and a more user-friendly usability. The attention will come quickly because there is already a lot of attention on the subject. Bitcoin had to catch the attention on the entire subject itself. If a crypto emerges with better qualities, then people will start jumping cryptos fast. It's the nature of products that are supported mostly by hype. Support from hype is a fragile thing because people will get amazed by new alternatives very quickly. I think that doggecoin perfectly showed the nature of bitcoin. You don't even need a better quality product and simplistic lowbrow hype was all it needed to become quite popular.
Are you fucking joking? Bitcoin had no credibility in the eyes of the outside world back in 2011. SilkRoad was very small back then so you can't even say the online drug community trusted it. One fuckup after another along with the slow slide in price gave the few people who had heard of it ammunition to shit on Bitcoin at every opportunity. It all culminated in the infamous Rise and Fall of Bitcoin article in Wired at the end of the year. I need to stop now or I'll have nightmares about Bruce Wagner's grin and the mybitcoin heist. Where are you Tom Williams??? |
|
|
|
I really, really doubt that.
Reading that 400m of investor money was stolen (again, read) from the "biggest[or "one of the biggest"]" exchanges is 100% bad.
Go read any news article and check the comments on it. "I knew it was a scam" "Get rich quick fail" basically this re-assured everyone bitcoin was a scam.
Those people will never change their opinion so it doesn't matter what they think. It will have to get to the stage where they are using Bitcoin without evening knowing it before they recant. For the people who were already thinking about getting into Bitcoin hopefully the gox failure will make them more cautious about who they deal with and how they store their coins. A good thing in my opinion. |
|
|
|
Bitcoin was already trusted in around 2011. Mainly in a drug community, but still.
The new currency needs security and a more user-friendly usability. The attention will come quickly because there is already a lot of attention on the subject. Bitcoin had to catch the attention on the entire subject itself. If a crypto emerges with better qualities, then people will start jumping cryptos fast. It's the nature of products that are supported mostly by hype. Support from hype is a fragile thing because people will get amazed by new alternatives very quickly. I think that doggecoin perfectly showed the nature of bitcoin. You don't even need a better quality product and simplistic lowbrow hype was all it needed to become quite popular.
Are you fucking joking? Bitcoin had no credibility in the eyes of the outside world back in 2011. SilkRoad was very small back then so you can't even say the online drug community trusted it. One fuckup after another along with the slow slide in price gave the few people who had heard of it ammunition to shit on Bitcoin at every opportunity. It all culminated in the infamous Rise and Fall of Bitcoin article in Wired at the end of the year. I need to stop now or I'll have nightmares about Bruce Wagner's grin and the mybitcoin heist. Where are you Tom Williams??? |
|
|
|
Be wary of the two-bit idiot guy. Just found some CONFIRMED bullshit in his gox blogs. He says in this post from Wednesday 26th http://two-bit-idiot.tumblr.com/post/77920927310/i-retract-nothing-i-have-written-so-far-regarding-mtSecondMarket was, in fact, approached by Mt. Gox some time last weekend. Mark Karpeles approached Barry Silbert to solicit an acquisition offer, and it seems likely that Silbert, who had already committed privately to building a US-based exchange bitcoin exchange, jumped at the opportunity to explore the deal.
However, when the magnitude of the theft and potential fraud became free, Silbert and his team quickly pulled out of discussions, sent an email to all employees over the weekend banning them from buying or selling bitcoin indefinitely, and most likely reported the suspicious activity to the authorities. As a regulated entity that probably signed a non-disclosure agreement before learning the full extent of the Mt. Gox damage, SecondMarket would have had no other choice, but to keep this out of the public eye, even if it was acting honestly behind the scenes. But if you look at the numbers from the BIT thread you'll see that they've bought over 500 bitcoins this week. https://bitcointalk.org/index.php?topic=337486.msg5398518#msg5398518 |
|
|
|
Haven't caught up with the thread so not sure if it's been said but over 10,000 people viewing /r/bitcoin and no threads are on the front page.
Huge
The press has been huge over the last couple of days. Even my old man asked me if my Bitcoin had crashed and don't be sad if you lost it all coz your health is your wealth etc |
|
|
|
No rally tonight?
 The night is young |
|
|
|
Those funds are no more. They have has ceased to be. They have expired and gone to meet Satoshi. They are late funds. They are vapor. Bereft of existence, they rest in peace. If Karpeles hadn't left them on the balance sheet, they would've been written off ages ago. They've rung down the curtain and joined the choir invisible. They are ex-funds.
Okay okay we get it  |
|
|
|
I urge the regulators to work together, act quickly, and prohibit this dangerous currency from harming hard-working Americans.
Hahaha what a tool. Any politician that uses the "hard working" sound-bite is a moron. |
|
|
|
I am confident we are now at a stage where Chinese have turned bitcoin into the world's largest Casino. Bitcoin is not a safe investment anymore. I previously posted a highly read and hit piece called "The end of bitcoin as an investment" i still stick to that belief.
I will keep it easy for u all, just observe the way Bitcoin has crashed and gone up in the past 2 months. Every time we have a so called "capitulation" , the price shoots up very sharply and chinese start buying like crazy, the rest of the world goes like "omg omg i missed the dip oh noes let me buy yay im smart" then BOOM fucking SELL-OFF resulting in PIG BAG HOLDERS BLEEDING.
I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.
A proper capitulation in ANY market means PRICE SUPER-CRASH (happened in all previous Bitcoin bubble), then BOTTOM is reached Price goes up quickly A LITTLE BIT not fucking $400 to $650 in one fucking day. And then the price stabilizes sideways for a little while before we go up. This is the normal markets, in a capitulation people are fearful and most new money is EXHAUSTED. if truly yesterday was the bottom we should've been at $480-$500 today, but it's not.
all i can say be careful, Chinese are playing a game and you are all filthy little peasant PIGLETS. The price will crash once more on or before March 16th.
Why don't you ask your real (and not imaginary) Thai girlfriend for her advice. |
|
|
|
|
Until we get the full story about what's happened with gox there will be plenty of bumps and panics ahead.
|
|
|
|
I still can't believe they've lost all their coins due to the malleability issue. Just how can it be possible  And those IRC logs didn't make it sound like there is a saviour waiting to buy them out. This is the mother of all fuck ups. |
|
|
|
|
You could try Allied Irish Bank or Bank of Ireland. They're in the Euro area, use SEPA and they're desperate for business. You won't have any difficulties opening an account with them.
|
|
|
|
So supposedly 750k coins were stolen? How could they not have noticed that? Did it happen in one go or over the course of years? Surely they must have noticed their cold storage getting smaller every day.
If that supposedly leaked document had said 75k it would have been believable but 750k is total bullshit. |
|
|
|
The comments on CNN's front page story really shows how the public is rooting for bitcoin to fail. Boy, I can't wait to see those bashers' faces when we get to $10,000. It will be the same as the bashers who called it a dead ponzi after the first crash and then continued to call it a ponzi during the next boom. They have no interest in learning about it. I think it will take full blown currency crisis before they spend some time trying understand what Bitcoin is. |
|
|
|
|
Show Posts
