News from MtGox/Kraken: Kraken takes a proactive approach to compliance, in order to anticipate the evolving regulation around Bitcoin and to help ensure it is regulated in a way that protects consumers while allowing the game-changing Bitcoin ecosystem to flourish.
Today we’re pleased to announce a great new addition to the team, who will help us advance our proactive approach. Howard Bernstein is assuming the role of Chief Compliance Officer at Kraken. . http://blog.kraken.com/post/115718948852/welcome-howard-bernstein-as-kraken-cco |
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If I may, the main problem with security vulnerabilities is our lack to understand that most of them are based on breaking some very simple rules. For instance, anyone who has the ability to physically access my computer is -in theory- able to retrieve ANY password that I have stored inside my web-browser and/or key-chain. You may be now thinking "oh, this is not possible" but please take some time to use some good UN-delete software together with a web-browser password retriever utility and most probably you will get the job done in less than 10 mins. Brute forcing is another way, but will take more time.
@Theymos:
It's been sometime now that I thought about the possible attacks this (and similar) sites will get within the next BTC bubble. I expect this will get much worse. Restricting user access via Tor blocking (I know this will hurt me as well, because I'm using tor from my work to access the site) will definitely rule out some of the most significant attacks. Cloudflare is also a way, but I'd go for a dedicated person(s) service. You can hire one that you trust, most possible near where you live. This would've been the best case scenario I'd choose, if I were you.
Best of luck sorting this out.
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After the short break of bitcointalk.org forum due to a hacker attack, it seems we're back in business (together with the sockpuppets). Three nailed down for the last couple of days. If you have something to add please be my guest. Don't forget to update. Latest additions to The List as of 2015-05-27:seveneyes
Pooh
wTg0co
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One thing's for sure, while bitcointalk.org was offline everything went up; BTC and most of the alts, gosh, even DOGE! Then, we go online again, the price falls $6. Seriously?  |
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Well, I think we're done revving the engine up n down. I'm off to sleep and FWIW, I have this crazy feeling that it will go up until the morning. G'nite all.  |
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Which would explain why no one seems able to predict the price, even in the short term.
Such person able to do this would not be posting it here anyways, so you would not be aware. I wouldn't bet on it. Most people with "inside knowledge" are lurking in forums/threads like this in order to decide when it's the "right moment". Judging good sometimes won't cut it though. I know certain individuals that are relentless on accumulating every-single-btc when they're at it. I personally don't agree on such a method, but greed is present in our physiology and nothing can prevent us from letting the beast inside, get a good look around. |
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List updated with 2 more sockpuppets... Latest additions to The List as of 2015-05-21:atrocity
shit coin
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It's great to be able to short Bitcoin on so many exchanges.  That's strange, has the Kraken started testing margin trading at the same time that Poloniex started it up? This could as well be a coincidence. A word of advice though: I wouldn't dive in into margin trading without prior experience, a newbie could be burned in no time and afaic the fees, they are 0.1% for opening a margin and 0.1% for closing it within 24hrs, otherwise it automatically renews after that for a "convenient" 0.05% fee. Be careful! |
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pump to 100 ?  I don't personally think that DOGE has this much potential. FWIW, it seems several other alt-coins are on the pump as well the last couple of days, maybe something bigger is at stake... who knows? |
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It was most welcome pump. I managed to get some btc over months of mining. If it falls again I will probably buy again, but I think it won't. Max was already very heavily dumped the past one year. Maybe this is a predecessor of the next btc bubble. Or, so I hope... |
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... Speaking of movies, VERY STRONG suggestion - great great film and a series to come soon (due to a successful crowd sourcing campaign). Man From Earth - https://www.youtube.com/watch?v=bGWs4bZn_5Q excuse the subtitles but it is HD. ... IAS Thanks for the link, but this is what happened when I clicked it, as US-based viewer:   Here's a nice alternative if you want restrictions off. https://proxtube.com/ Works every time in my case, though, USA copyright ban for a movie? Kinda funny!  |
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Somebody caught a knife of ~3000coins market sale (Bitfinex)... That should hurt... |
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Good grief, if things stay this lifeless then this thread will go days w/ just pages of chartbuddy posting unmoving price charts. However, something should be happening tomorrow at least. I'd imagine this Swedish thing is popping up for a reason and perhaps there's demand waiting with baited breath.
There was a big step down about half a week ago and the market has been moving in steps with fairly flat prices in between. There will most likely be another step in the price soon. However, the last half week must have had the lowest volume trading for months. Lowest since the week of 22. Dec 2014. Price dropped $70 the week after. This is another indicator of the perfect calm before the storm. Another one would have been the sockpuppet's posts in this thread. Judging from "THE LIST"'s additions going to the moon, I'd advise everybody to Prepare For Glory(TM). PS: Please update and don't forget to flush |
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Latest additions to The List as of 2015-05-17:DOX4BTC
zyklonbob
Sponsored by
WECsvv
Four more in The List, please update.
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Nice to see you step foot in here once in a while and interesting post as well. Two and a half weeks before the doom in Greece but hopefully the have tools to oust themselves outside of the XBT provider that is opening this next week. Could get rowdy at a certain point. TBH, I'd be more concerned about news like this (c&p from my own post on another thread): Yianis Varoufakis, as it's been revealed from a tabloid "Proto thema" was an ACTIVE advisor of a Singapore based Bitcoin company. This position was allegedly held by him up to 2015.03.31, two months after the elections in Greece where the people elected him as our Financial Minister. The company is http://www.tembusu.sg/ where one can find the profile of him, together with all the other members of the company, where it's clearly stated that he has the role of "consultant". Who are the people behind TRUST?
Tembusu Systems is the company behind TRUST. The founders are Andras Kristof, Jarrod Luo and Peter Peh. They are supported by a highly experienced team of advisors, including: Mikkel Larsen, Managing Director of DBS Prof. David Lee, Professor of Quantitative Finance (Practice) at SMU, Director, Sim Kee Boon Institute for Financial Economics, Academic Director, Global Master of Finance Dual Degree Prof. Yanis Varoufakis, Professor of Economic Theory at the University of Athens and a private consultant for Valve Corporation. Tembusu has been in touch with mr Varoufakis since November 2014, where he was hired as a consultant because of his role in Valve Corp. where he created Valve's "Digital Economy". Tembusu was the first company that installed BTC ATMs in Singapore and (after it gathered in its roster a lot of Global magnitude advisors like Yianis) it got a step forward initiating a Digital Transaction Platform called " Trust Framework". This initiative received about 887,000 USD from several investors. The answer of mr Varoufakis in brief is that he was the one that he "invented" Trust Framework by a paper he sent to the people who started Tembusu, as a gift to them because of their gesture to approach him, after they read some articles of his. He claims he never consulted them further since Dec. 2014. The fact that they state him as a "consultant" is a "title of honor" because of his advice. Source: https://translate.google.com/translate?sl=el&tl=en&js=y&prev=_t&hl=el&ie=UTF-8&u=http%3A%2F%2Fwww.imerisia.gr%2Farticle.asp%3Fcatid%3D26516%26subid%3D2%26pubid%3D113526550&edit-text=&search_plus_one=form |
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Hi, so I tried out your pool and it was fun to mint some currency. I was wondering, can I get a small usb asic miner and use that too, or is it cpu only?
Thanks.
There's an option to mine for BTCs in the pool and you can certainly mine [for BTCs] via an ASIC USB device but with the current difficulty I wouldn't expect much. To get a picture a 1.2Th cluster now mines for 0.01BTC/day. So for a USB asic miner it should be at least 1/1000 of this figure. Chances are you only get a fraction of some mBTCs if you utilize such a small miner. Thanks, yeah it would not be for money, more of a hobby. At the current difficulty levels and the high cost of electricity where I live there is pretty much zero chance for me to make money mining bitcoins. My best bet is hashnest, even with the maintenance fee it would be cheaper than mining at home. However I want to mine some low difficulty alt coins just for fun, maybe with a usb miner or an antman u3. I estimate I could get set up for less than $100 usd including a raspberry pi. Thanks for the help! As you're a newbie to the mining business, I must inform you that you can't mine for EVERYTHING with a USB ASIC. ASIC stands for Application Specific Integrated Circuit. That means in plain english that it's only made for one thing. Right now there are only two types of ASIC miners. That goes for SHA256 (Bitcoin-esque coins etc) and SCRYPT (Litecoin, Doge, etc family). Cryptonote (where Minergate is king) is a beast of its own and no ASIC is available for mining yet. Chances are there will never be one. You can mine with your CPU or GPU and the most profitable right now seems to be the GPUs from Nvidia (750ti and the like). Each one of them manages to mine for about 1 XMR per week, which is not perfect but it makes you think you're actually not losing your time; electricity on the other way will get your pockets on fire, but still, an Nvidia card spends less juice than an Ati one. I hope I solved some questions a newcomer has, if you have more just drop a line. |
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Hello, I am using Windows 7 and when I try to login with Minergate GUI software, nothing seems to happen. Also the console version is not working. I tried out several versions but it's always the same problem. I created a support ticket. They told me to try out the newest version. I did. Same Problem. My internet connection is working fine, my antivirus is turned off and I'm not using any proxy or firewall. The problem still exists, when I'm booting into safe mode. Here is the log file (edited email adress): [2015-05-15 15:39:46.536] [ info] Pool parameters query... [2015-05-15 15:39:46.628] [error] POOL response data: [2015-05-15 15:39:47.628] [ info] Pool parameters query... [2015-05-15 15:39:47.695] [error] POOL response data: [2015-05-15 15:39:48.695] [ info] Pool parameters query... [2015-05-15 15:39:48.762] [error] POOL response data: [2015-05-15 15:39:49.762] [ info] Pool parameters query... [2015-05-15 15:39:49.829] [error] POOL response data: [2015-05-15 15:39:50.829] [ info] Pool parameters query... [2015-05-15 15:39:50.829] [error] Unable to get configuration from https://minergate.com. [2015-05-15 15:39:50.839] [ info] Log out email@adress.com[2015-05-15 15:39:50.898] [error] POOL response data: [2015-05-15 15:39:56.120] [ info] Pool parameters query... [2015-05-15 15:39:56.208] [error] POOL response data: [2015-05-15 15:39:57.208] [ info] Pool parameters query... [2015-05-15 15:39:57.277] [error] POOL response data: [2015-05-15 15:39:58.277] [ info] Pool parameters query... [2015-05-15 15:39:58.347] [error] POOL response data: [2015-05-15 15:39:59.347] [ info] Pool parameters query... [2015-05-15 15:39:59.416] [error] POOL response data: [2015-05-15 15:40:00.416] [ info] Pool parameters query... [2015-05-15 15:40:00.416] [error] Unable to get configuration from https://minergate.com. [2015-05-15 15:40:00.426] [ info] Log out email@adress.com[2015-05-15 15:40:00.485] [error] POOL response data: [2015-05-15 15:40:03.288] [ info] Show MinerGate log Can anyone please help me?  Check if your firewall blocks Minergate's connection. This is the most common problem. Cheers. |
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Hi, so I tried out your pool and it was fun to mint some currency. I was wondering, can I get a small usb asic miner and use that too, or is it cpu only?
Thanks.
There's an option to mine for BTCs in the pool and you can certainly mine [for BTCs] via an ASIC USB device but with the current difficulty I wouldn't expect much. To get a picture a 1.2Th cluster now mines for 0.01BTC/day. So for a USB asic miner it should be at least 1/1000 of this figure. Chances are you only get a fraction of some mBTCs if you utilize such a small miner. |
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I share the same rumination with Rpietila regarding the significance of the "rival" coin. I too believe that XMR will have its chance of becoming the "new kid in town" after a certain time period (BTW: I think we're nowhere near that point right now). We all intimately know what's at stake with XMR; and I tend to concur with nakaone's prediction for the future of BTC.
IMHO, TPTB are already on track of the accumulation phase and I think within the next couple of years only a fraction of coins will be held by the original believers. We witnessed many old timers here abandoning their positions when they were convinced that the consolidation period will last forever (with the price declining even further).
There's a saying for when you don't understand something in full. "When in doubt, follow the money". The evidence is out there; so are the options. I prefer being on board instead of leaving myself behind. My position on XMR is not significant (regarding my BTC holdings) but it's something that I'm willing to sacrifice if it goes to 0, or be very happy that I got in with those, if it goes 1:1 with BTC.
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