You will get about 174.8BTC / hour with a 1997 Motorola phone. But these are very rare nowadays...

(If you were serious, be aware that your friend is making fun of you)

Un petit test de crédibilité... des intérêts en jeu peut-être?

Bien vu, je révise: LES ÉCHANGES SONT DES BANQUES, MAIS ELLES NE SONT PAS TOO BIG TOO FAIL ALORS C'EST VOUS QUI L'AUREZ (ENCORE) DANS LE POPOTIN AU PROCHAIN "OUPS"

Mieux?

Learn to read. It's about a line of text, an informational message, and only affects the reference Bitcoin-Qt implementation (most Bitcoin users are using different wallets for their routine needs)

The worst that the FBI can do if they waterboarded Gavin to get the key is speading FUD to Bitcoin-Qt like "All Your Coinz Are Belong To Us!"

Again, no, there isn't. And your logical fallacy is burden of proof.

There is no such backdoor. What you are describing is an iPhone* or forced Windows Update.

Not everything in technology works like consumer grade devices that have been designed both to protect you from yourself and to allow third parties to take over your devices if you are trying to do something that they don't wan't you to do with them.

*even the infamous Apple didn't (couldn't? I wouldn't swear) remotely wipe the Blockchain.info app when they pulled it from their App Store

Show me the kill switch (source). Fact is that there is none. So you are wrong.

This will be my last answer, I'm not losing time if you don't want to learn anything from what we reply to you.

You are perfectly free* not to trust Bitcoin and never touch it again.


* freedom comes at a price

**** CECI EST UNE ANNONCE D'UTILITÉ PUBLIQUE ****

Peu importe l'échange que vous utilisez, ne laissez jamais vos fonds (monnaie fiduciaire ou Bitcoin) dans les échanges. Dès que vous avez terminé l'échange, retirez les fonds ! Vous n'avez AUCUN intérêt à laisser vos Bitcoin en mains étrangères - aucun organisme d'Etat ou autre ne viendra vous sauver ("bail out") si l'histoire de MtGox se reproduit

(et qui plus est, vous ne touchez aucun intérêt sur les dépôts, en dépit des risques que vous prenez)

**** MERCI DE VOTRE ATTENTION ***

(j'étais sur le cul quand j'ai vu que 90% des "nouveaux" ne se rendaient même pas compte des risques et utilisaient carrément les échanges comme si c'était des banques... vous êtes totalement inconscients !!!)

**** CECI EST UNE ANNONCE D'UTILITÉ PUBLIQUE ****

Peu importe l'échange que vous utilisez, ne laissez jamais vos fonds (monnaie fiduciaire ou Bitcoin) dans les échanges. Dès que vous avez terminé l'échange, retirez les fonds ! Vous n'avez AUCUN intérêt à laisser vos Bitcoin en mains étrangères - aucun organisme d'Etat ou autre ne viendra vous sauver ("bail out") si l'histoire de MtGox se reproduit

(et qui plus est, vous ne touchez aucun intérêt sur les dépôts, en dépit des risques que vous prenez)

**** MERCI DE VOTRE ATTENTION ***

(j'étais sur le cul quand j'ai vu que 90% des "nouveaux" ne se rendaient même pas compte des risques et utilisaient carrément les échanges comme si c'était des banques... vous êtes totalement inconscients !!!)

You aren't late! Welcome aboard.

But be careful, learn about Bitcoin before buying some. Do not trust by default. Realize that only you can secure your Bitcoins, or people you have legitimate reasons to trust more than yourself.

If everyone had applied that simple rule, the MtGox debacle would have been quite an insignificant event, and couldn't even have happened in the first place. If all customers withdraw all their coins from exchanges all the time, things like this just can't happen (i.e. a systematic, daily "bank run" on the exchanges I use, until I have reasonable reasons to trust them, which I don't)

That said, if you are only interested in Bitcoin as a get-rich-quick scheme in the following 3 months or so, you'll be better off going to a casino.

Cheers

The Bitcoin Foundation is monitoring the Bitcoin software and network.

If the Bitcoin software is broken (coin theft from wallets, bogus transactions, double spends), that would be a concern to the Foundation.
If the Bitcoin network is broken (forked, filtered, blocked, compromised etc.), that would be a concern to the Foundation.

They also have a political and lobbying component to promote and protect Bitcoin: if your Bitcoins get stolen by your government, because they raid your place, put a gun on your head to have you release your private keys, they will certainly try to get involved to voice their concerns to that government and help you expose their behaviour to the world.

With the failure of MtGox, it is very likely that they will broaden their scope to try to do their best to try to convince all major exchanges to cooperate with them to get them audited externally and segregate deposits from their operational business. Unfortunately, it requires cooperation from them and the Foundation just doesn't have the authority to arbitrarily regulate a foreign, private entity like MtGox / Tibanne.


It just means that they are major sponsors to the Foundation. Nothing more, i.e. it doesn't work the other way -- it is NOT an endorsement of the Foundation for sponsors.

But I admit that it is a kind of conflict of interest in light of the recent events, and it's already being discussed internally. You will have to acknowledge that the Foundation did get the resignation of Mark Karpeles, MtGox's CEO, from the Foundation Board. IMHO this was really due and as a member of the Foundation myself, I wouldn't have accepted had it been otherwise, and I would eventually have resigned myself voluntarily from my paid, lifetime membership if Karpeles was to stay at the board of the Foundation.


The Foundation is made of people like you and me. You can join anytime, the personal, yearly membership is about $30 worth of BTC if I recall well.

And you totally got me wrong if you still think that I do not trust the developers of Bitcoin, I trust them a lot, unlike EXCHANGES, because Bitcoin core devs are transparent, I can read the sensitive open source code at any time.

Hello Danny,


We don't know each other, but given your promise in your OP, the money that is involved here, and the total lack of progress recently, I hereby publicly - and copy by PM to you - urge you to either distance yourself entirely from Ukyo and amend your OP accordingly, or bear the responsibility for him. That means negative feedback will be given, associated to your account and will not be removed until the issue is resolved on your side.

My patience is at an end, and I encourage every victim here following this topic to send the same PM and to do the same negative feedback if no statement is made within a reasonable period of time. So please, Danny, if you are a victim of Ukyo yourself, please explain and distance yourself from him to avoid negative feedback.

Please understand my position, even MtGox was eventually forced to release the awful truth.

Thanks for your attention.

Regards,

Matt

I am sorry that some people more informed than you are making a fool of you.

Bitcoin is a very robust and safe technology, and there is nothing broken about it. The problem is that it still requires some basic training before you start to use them. I would say it requires about 1-2 hours of reading, you may start with the Bitcoin Wiki, for example.

Unless you are willing to take that basic training, you are putting yourself at risk when you are dealing with Bitcoin.

That 1-2 hours basic training includes the following teachings, with all due respect (I'll be bold and use boldface)

• Bitcoin has been designed so you can actually OWN them. Owning Bitcoin means that 1) you own the private keys for your addresses, 2) no one else does. In other words, it is OK to use a wallet like Bitcoin-Qt, Multibit, Electrum or even Blockchain.info. It is NOT OK to use third parties like MtGox, Bitstamp, inputs.io, etc. as your wallet. You will get burned.
• By trusting third parties to keep "your" Bitcoin, you are actually giving them your coins in exchange for a promise from them to give them back (IOU). This is VERY dangerous and there is absolutely no reason to take that risk until a very strong financial insurance and external auditing is backing that promise. Even if you are daytrading, it's worth withdrawing all your coins at the end of the day
• The Bitcoin Foundation is absolutely not Bitcoin's regulatory body, they are absolutely not monitoring, auditing or responsible for exchanges and services in any way,
• The Bitcoin developers cannot "force" you to understand what you are doing with your coins before allowing you to download and use their software. They can only urge you to do it. In other words, they cannot protect yourself from your own lack of knowledge

Now it is up to you to put the blame on Bitcoin if you want. But if Bitcoin succeeds and becomes what many here believe it will become (i.e. a huge success), you might end up "double-regretting" it in the future: not only your coins were stolen as an early, misinformed adopter, but you didn't take the chance to learn from it and "get rich again" before the masses wake up and everyone wants some Bitcoin

Neither did I, but he clarified this.

I respect your idea but...

Why the designer of GPU Coin would choose scrypt, a no-longer ASIC-resistant algorithm, instead of scrypt-nway (like Vertcoin) or SHA3 (like Maxcoin), both of which have good chances to remain ASIC-resistant for at least 6 more months, is beyond my understanding.

Any thoughts about this? Was it discussed already?

Given OP's registration date, it's plausible that he had his account open much before MtGox had introduced verification procedures.

First, I really feel for you, and I understand that you don't want to touch anything Bitcoin again. That is for the emotional part.

That said, the 3 letter word is about that big in my mind when I read you:

WHY???

What made you trust MtGox so much, when they totally lack any kind of financial safety whatsoever, how could you trust them for that much money, and such an extended amount of time?

Didn't you realize that Bitcoin had been partly designed to escape the trust / IOU / FRB / debt / TBTF / private profit, public losses nightmare?

These are truly honest questions, although they may look trollish in the context, but I really want to have a better understanding of how MtGox managed to get that undue amount of trust from major depositors like you.

They didn't even have an interest rate on fiat nor BTC. I genuinely fail to understand the point of leaving money there for so long.

There is quite a bit of variance in pool-side reported hashrate. I think these are designed to hash at 300 khs, not more. That was the deal when I ordered my unit at least, so I don't expect more.

However, maybe others have secrets to share when it comes to overclocking?

Try increasing the frequency (--freq) from 600 to 800.

Beware of overheating, though! I left mine hashing at --freq=600 (getting about 300 khs, which is the nominal = announced hashrate)

TBPH, I believe Bitcoin payments will not replace fiat any time soon. But I also believe that many efforts are already ongoing and will continue to create upper layers on top of the Bitcoin blockchain.

Imagine the internet back in the 1980's (don't know how old you are... but supposing you know a bit of tech history). No one would have believed that the average person would start a Telnet session to their bank to pay their expenses. Yet, the underlying TCP/IP technology had started the revolution, and it was only a matter of time before application layers like HTTP and client software like NSCA Mosaic and then Netscape attracted the masses.

30 years later, it's commonplace to use e-banking solutions to pay the bills from laptop, mobile or tablet. Interestingly, the data is still carried over the same TCP/IP as far as the lower layers of the transmission are concerned. The revolution was already started back then, but no one, except the early adopters, was seeing it coming yet.