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I e-mailed them just a few days ago when I saw they were looking for donations. They said they don't take it but are watching bitcoin with interest.
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Well, that was interesting. First a real hair-raiser on the Cyprus situation, complete with hints at possible contagion, then a soothing presentation on what might be a way out from the banking system - Bitcoin. At least that seemed to be the angle.
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Now, there is one element of this whole thing that is somewhat discernible. The original poster had two posts before the OP. In a forum where newbies are not allowed. That should tell us something about him (her), and his (her) motives.
Two posts someone happened to quote. Who knows how many they deleted. |
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There is no issue if you disclose their name publicly. They could be pointed to this thread, or contacted by other means and people, if we know who they are.
If the flaw is truly boneheaded, disclosing the name might be risky. |
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Since we're feeding the trolls...
-Define "crash".
-Which price?
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I have no idea how to implement this, but I thought it would be cool if the forum provided an API that allowed websites to add a "Sign in with BitcoinTalk account" feature. BitcoinTalk is the premiere Bitcoin community website, and it would be much more convenient for a Bitcoin-related website to simply bootstrap on a BitcoinTalk account.
Were you around when the password hashes for this forum were compromised? Not such a big deal then, but if the same login also controls other services... |
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They're supposed to be upgrading servers, something to that effect was posted on the 24th, saying everything should be running in 24 to 48 hours.
Seems to be about par for them, a lot of complaints about slow communication, but AFAIK they've acted properly so far apart from that.
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Someone's ignore button is about to heat up a bit.
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The headline implies an ATM has been installed in Cyprus, while the article itself seems like a hard-sell spiel for investors in such a scheme.
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Looks impressive. I'm sure a lot of people will find this useful.
But what about trust? Namely, who does the user have to trust?
I skimmed the website, and it wasn't clear to me what happens when an account is created. Is this an account with the Bridgewalker service? Or with Mt. Gox? Do you have access to the bitcoin transactions involved in using this app? What about the Mt. Gox accounts used?
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The Bitcoin network is the largest distributed computation cluster in the world. We help it's members provide their computation ability to the highest bidder.
CoinLab's technology can access that computation for other tasks. What the fuck is this - it doesn't make much sense to me. I'm guessing they're proposing to let folks use their mining hardware for other number-crunching instead. Might make sense for miners whose rigs are getting too long in the tooth to turn a profit, assuming they can pay enough. |
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No srsly, I don't think I am the only EU money manager that will need to do this day after day in increasing volumes, I am just the loudest  I can feel the pain of the others as they cannot scrape enough to buy from anywhere (except Mt.Gox USD with 1 week transfer delay LOL) Aren't there quite a few holders in Helsinki, I'd have thought you could find sellers locally? |
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That's interesting... I didn't know bitcoin.de was the largest bitcoin marketplace. In fact, I didn't know bitcoin.de even existed!
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Is GDP really counted as the total amount of currency traded over a year?
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A counterpoint:
When few want to sell because they expect the price to climb further, the market is sure to overshoot. So when people say "fools sell", what they are thinking is "I hope I catch the top".
This rally will peak and correct sooner or later. I don't know when, nor how far down it will correct. I doubt anyone else does, either. Given that uncertainty, I don't see how taking some profits is such a bad idea, if it helps you sleep better at night.
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What are these "pirates" you are talking about?
It's a seabound criminal attacking ships for their cargo and ransom. Pirate, n. 1.someone paying inordinate sums for the privilege of holding other folks' bitcoins for them. 2. see "trustworthy" |
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Not to mention those sells near the bottom were most likely 30 minutes old anyway. Gox lag  The lag didn't seem anywhere near that bad this time. Anyway, sometimes people just want to cash out a bit. 50+ USD per bitcoin probably seems like a good point to sell a few if you bought in, say, end of 2010 or thereabouts. |
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This is moving so fast, I keep looking at the latest trade price and thinking: "So wait, is that up or down?"
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