I hardly browse these forums any more. Best to PM me.
Concerning the questions:
If you don't get any ads (the amount of advertisers is rather limited), this can have multiple reasons: 1) You have a minimum bit. 2) You have to few visitors (2000 - 3000 views/day average give a nice rate) 3) Skyscraper / button ads are the least used ones. The square and banner are used more often by advertisers.
Payouts have been officially reduced to 1 BTC... until the whole situation with MyBitcoin started. I had to stop the automatic payout system. For the time being I do payouts manually, once a week. With that, depending on how many publishers have to be paid out, I use often a 0.5BTC cut off. But it might be different from week to week.
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Dishwara just take your time buying the shares back (paying dividends might increase the price of the shares, reducing the rate at which he want to buy them back).
On the other side, if I'm correct, Dishwara could get his own mining rig very cheap (BTC price is now lower then when he bought the rigs).
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Hi davout,
Are your initial "issues", with the previous release, fixed? Don't want to see Bitcoin-Central going through that again.
Cheers,
BioMike
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Electric bill is down by about $110 since last dividends. How come such big difference? (Not that I mind it, just wondering).
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Dishwara, anything to report?
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i like where north Korea's priorities are.
they have a starving population, a military based on equipment from around WWII, slave camps and a population controlled via fear, propaganda and indoctrination.
yet they only want nuclear arms to take out the Americans.
I'm surprised Israel is not on their radar. They would have to fire over China... the only country that keeps them in a safe position. And there are some other countries that they would not want to mess with in that direction.
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Other way to transfer from MtGox:
Find someone in the EU who wants to buy your MtGox USD, you transfer the MtGox USD to this person, this person does a SEPA bank transfer to your bank account.
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So, if I understand correctly, the refund is held until a new purchase is done by someone?
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(although they are watching these forums).
Are they? How are you so sure about that?
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I'm looking into a replacement for mybitcoin. I had one question on your service. It seems that you forward payments directly to the bitcoin address provided by merchant, so no e-wallet/account balance. However the part that talks about refunds seems to indicate that there is an e-wallet/account balance.
Could you shed some light on how that works?
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I expect this to be bullshit. Remember the RAM defragers, many people jumped in that also, while it even made no sense from a technical point of view?
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A post by Theymos on July 1st, in another MyBitcoin thread: MyBitcoin is still accepting payments with only 1 confirmation. This is insane for a bank. Any miner capable of mining two blocks in a row can steal money from MyBitcoin pretty easily. I'm surprised no one has attempted it yet. - http://bitcointalk.org/index.php?topic=22221.msg309173#msg309173Indeed. mtgox requires 6 confirmations, IIRC. To me seems a bit more of a problem with the mining ecosystem then the confirmation requirement (half a year ago it would be almost impossible for double spending even if the transaction would show up in your client (0 confirmations)). As far as I know, there is no miner with >50% mining share, so the attacker could not have any grip on that. Still, I can't make up much from their explanation of the bug. The only thing I can come up with is a bug with their SCI sending of bitcoins (not receiving) where bitcoins would be send (and not verified) before the balance in their database would be updated (or that the record update failed). But still, these bitcoin transactions should be somewhere in the block chain and SCI works with a MyBitcoin Account (should have a working email address registered in there).
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If MyBitcoin wants to come back online and stay in business, they should prevent a bank run. Which is quite likely to happen and would worsen the situation.
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I see a lot of similarities with the MtGox hack, they got out of it stronger. This should be possible for MyBitcoin as well.
It's going to be harder for him, since he was MIA for a week. He should have said something right away. Sure, it will be harder and should have said something right away, but there are a lot of things he can do. Most people have nothing more to loose, only to gain (even if it is just a small amount of what they had stored). Starting with good communication and updates is just a start. There are some highly trusted members in this community (Bruce for example). If he can get their trust, things will get more easy. www.mybitcoin.com doesn't work for me, What URL are you guys using to view this press release? Sorry I just have to see it for myself before believing it. Just works here. Did MyBitcoin change the DNS record? Might take time for you to get the update.
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Wow, best thing for Tom to do now is step in the open (list all used addresses on MyBitcoin, so that things can be traced (if someone sells stolen bitcoins MtGoox/Tradehill or other exchanges might track the thief down)) and start communicating with people, that will give him some credit.
Second, he stated once that most of the bitcoins were stored off-site. How can they be gone as well?
It is all up to Tom to get his credit back and I think that there are enough people who would be willing to help him with that. If he was a real scammer we wouldn't hear anything from him back.
I see a lot of similarities with the MtGox hack, they got out of it stronger. This should be possible for MyBitcoin as well.
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Yes, there is another explanation. Enough people have started cr@pping their collective pants after all the bad news and are selling to get out.
+1, people who wanted a quick profit and saw that bitcoin is quite risky.
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I would sell all my bitcoins if I THAT was my teacup... What if your teacup was bitcoins? Mind is boggled. You mean... seeing prophesies in the block chain?
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Maybe we need to develop strategies too, like spreading our bitcoins among all of the online bitcoin storage services (exchanges, wallets, etc) hoping that only a small percent get hacked, effectively creating our own insurance at a cost.
*Warning* Don't send now all your bitcoins to MtGox because of what I'm about to say below. *Warning* That was my earlier point with MORE payment providers and E-wallet services instead of less. MtGox seems to have a good safety strategy and they put a lot of effort in it (they won't give up easily, if you see what they've gone through last few months).
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