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I had a wierd thing happen with me when trying to withdraw less than a bitcoin.
I am not sure which fixed it but I logged off, logged back on and put a zero in front of it (like: 0.26 instead of .26).
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Now, can someone please tell me how I can short bitcoins or play the downside in any way?
Yes, please go borrow my bitcoins at Bitfinex to do so on margin. Much money for you to make, do not worry about paying a large interest rate for the loan. |
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That sounds like my friend's story. He lives in Poland where all of the exchanges are being shut down. The government is trying to find all Bitcoin users and round them up for prison sentences. He was mining early on so he has over 100,000 bitcoins. He says the police will be there soon and he needs money to get out of the country quick.
He is willing to accept a dollar per bitcoin if someone can just wire him the money so he can get out. He is desperate.
He even says he will pay half back once he gets out of the country. He just needs your bank account information and your social security number.
Please help this desperate soul.
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It been up and down for an hour now. Mostly down.
The bullshit will continue until morale improves or until you all pull your money out to another exchange.
Or just pull your Bitcoins out to your wallet. |
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There is a pretty strong libertarian movement going on in Oregon, and bitcoin has infected it.
From everything I have seen, Oregon is almost as liberal as Vermont. You are not even allowed to pump your own gas because the government is so into protecting you from yourself. |
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No need to share anything with me. Thanks.
Trading rule for gox is simple: Do not trade. More specifically:
1. Buy some coins and quickly withdraw them into your local secure wallet.
2. Get on with your life.
3. In a year or two check what is current exchange rate is.
4. Celebrate.
I would add: 2.5. If you want to buy something on the Internet, use your bitcoins. |
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Remember this simple clue.
People who believe it is people who determine the quality of a product and not the product itself will focus on Satoshi and the fact that they cannot judge Bitcoin because they cannot judge Satoshi.
If Satoshi was out hobnobbing with celebrities and taking trips to Africa to help starving orphans between trips from London to DC dinner parties then Bitcoin would be the best thing known to man.
If Satoshi was some rich guy who likes his solitude in the Montana countryside with his large family, then Bitcoin would be a horrible thing.
Because Slate cannot judge the product based upon the man, they must default to it being a scam.
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he's testi-lying in court about Bitcoin and how it's not a real currency. That is fine. I just use bitcoins to buy and sell stuff. So, whatever you call something that is used as a means of exchanging goods and services...that is what Bitcoin is. |
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Just started using your site.
Interesting. I am glad that I can get some interest on my bitcoins that would have otherwise just been sitting somewhere.
But I tried some margin trading and after borrowing some dollars to then trade I put in the order and it just sat there. I put it in at market and the price kept dropping and the order never went through.
Either way, I will just stick with lending for now.
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How many places can you think to store a short string of numbers?
Convert to binary, make a binary painting for your wall.
Tattoo.
Write it in the wet cement of the foundation of your house before building it.
Piece of paper in a safe deposit box.
Hidden in a jpeg.
E-mail it to yourself through "future me".
Etch it into something you wear, ring, dog collars, necklace, etc.
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Have you checked out the quasi announcement of the ASICMINER company? You should - because it can reshape the public perception of bitcoin. It will strengthen the perception as the currency freedom.  Mining can be done with USB-sticks soon. First impression in the companys forum was: "If this is gonna be sold en masse, you just militarized the user base" "ASICMINER/bitfountain just stepped up from being a highly profitable mining company
to being an asset to the whole bitcoin community as game changing hardware provider" 300mhas/s from USB - and likely on the market before anything BFL ships  Reminds me of when I used to dabble in the DIY electric car forums. There was always news about some new battery that would hold 10X capacity "in a few years". Then it would never pan out, but the existing companies would spit out slightly better batteries year after year. |
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As long as MtGox is open long enough every two weeks for me to convert my paycheck out of FRNs then I am fine.
Also...there are an awful lot of people complaining about a service that they are not forced to use.
The McDonalds in my town closed for 2 days a few months ago for remodeling and I do not recall the people going nuts over it (except one rather large woman on the corner with a sign).
There are about 20 other exchanges out there. Vote with your money.
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Let me ask you financial geniuses something. How much of your own money have you invested in the bitcoin project? None? That's what I thought. And that's how much of a crap you give about the bitcoin project. $0 worth. In fact you probably have taken out more than you put in, making you nothing more than a drain.
That is one of the best things about Bitcoin. The amount of investment that has gone into Bitcoin services built around the protocol. I have paid people to work on my project and put in many hours myself. I am in this for the long haul. The price going up or down over the course of a week means nothing. I convert most of my paycheck to bitcoins and when I can spend using bitcoins, I do. With more and more services being built up, there are starting to be more and more options of where I can spend my bitcoins. Places like http://www.bitspend.net allow me to spend bitcoins anywhere on the Internet. Once they come out with a bitcoin debit card (which is in the works) and a bitcoin bill pay (also in the works), I will be able to drop my bank account and move completely to bitcoins. The only time I will need to use MtGox is every time my paycheck rolls in to convert into my preferred currency. |
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Ayn Rand is great. I have seen her movies (1 and 2!) Seriously though... Read this post: https://bitcointalk.org/index.php?topic=170857.0Actually toward the end, it seems that Bitcoin solves some of the bad things she expresses about money (can be taken, etc). |
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Or Hitler.
Some of the antisemitic posts on this forum make me wonder if maybe some of the neo nazis are selling their bitcoins right now and cashing out. Good riddance if they are but since the mods seem to have no interest in deleting their posts we have to put up with BS posts about this being some Jewish conspiracy until they all cash out and leave. Could be Indiana Jones too. |
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You accidentally posted a picture with your chat with Satoshi...! |
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Non-negotiable warehouse receipts aren't money by anyone's standards.
Create cooperatives of gold/silver dealers and exchanges. Exchange deposits $100,000 (for example) with PM dealer. PM dealers issue non-negotiable warehouse receipts to purchasers with a code instead of PMs, up to the amount that exchange has on deposit. The code is convertible only on the exchanges in the co-op. At the end of the day, the exchange turns in warehouse receipts to PM dealer and deposit is re-upped.
PM dealers make money on fees and their metal never leaves the shop. People get onto exchanges without directly using fiat. Exchanges and users don't have to mess with banks.
Best of all, banks are cut out completely.
or other value that substitutes for currency |
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That tells the story right there of a DDOS attack.  look at the prices, .06, <.01, .09 .... just jamming the system up with bullshit. 15 .01 bubbles on the screen at the same time. You're misinterpreting the small bubbles you're seeing (and hearing) : ... they represent the actual transaction size in BTC, not the BTC/USD trade price. I am doing nothing of the sort. . . BTC0.01 is about a dollar right now. That is an incredibly small increment for a time when most transactions are occurring on a trading exchange. You do not send .01BTC increments to the exchange. The bots send a bunch of small transactions within their account on the exchange. The only movement that occurs is within the MtGox database. It does nothing on the Bitcoin network. Otherwise you would have to wait 10 minutes to an hour every time you make a trade (without the lag). |
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I haven't lost anything as long as I still hold, right?
I would still say you have, if you need the money tomorrow you cant get it because it doesn't exist. Did you steal his wallet? |
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