the theft won't "devalue" Bitcoins. even if the thief sells it's just another buying opportunity and might cause a temporary dip in the price. but that's assuming he wants to sell. he could be long term speculator like the rest of us hoping the price goes to $100 before he unloads. at the very least it will take him time to sell to get the right price and there's also the possibility mtgox intervenes once again. the only one's who will take a loss here are Zhou and possibly some of his customers.
But of course it will, doc, even if they buy the Bitcoins back at market! Hackers are not speculators, just think about every hack that has happened in Bitcoin’s history and the dumping that followed therafter (it is not as easy anymore since Gox collaborates to track stolen coins, but they just arbitrage it from a different exchange, and I suspect it is usually BTC-E.com). In addition, there is the breach of confidence that this currency is perhaps nothing but a collective subsidy to hackers. Any evidence for this Or just anti-russian FUDge ? I guess the big question is : Bring out the popcornsss
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I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.
Maybe now people will actually listen.
Bitcoinica is a regulated entity, verifiable by government records. We are one of the most legitimate businesses in Bitcoin community, by any standard. I second that, and vouch for Zhou and the Bitcoinica team. I refuse to give people who donate 64k BTC to hackers and devalue all of our Bitcoins any credence. Hopefully the reward will attract even more hackers! If we decide to reimburse our customers this time, we will buy the exact amount from the market anyway. We don't want to owe any Bitcoins. USD is always the debt currency for us. If?... Interesting! Claim you got hacked and run with the money. Always works with BTC ...
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I have repeatedly told people that Bitcoinica is a scam and that Bitcoinica staff should be banned from the forums.
Maybe now people will actually listen.
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GPU mining is already not profitable in UK due to electricity costs.
For some ... not others
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That is a ridiculously awesome system. Although, it seems like an awe fully expensive way to get to that much power.
In the long run, its extremely cheap! Nobody wants to think about it but ... what happens when / if BTC fails "in that long run" Loving to see you try sell those FPGAs
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You 'r e entitled to your opinion But BFL is far from a "ripoff".Using that line of thinking,what do call Ztex & X6500 with almost HALF the mh/s??? Nothing particularly nice I'll use GPUs while they're profitable. If, when the block reward drops, the GPUs stop being profitable, you can ALWAYS sell a GPU (and I was being really conservative saying they'll sell for 50% of the price). Investing in FPGAs on the other hand, despite what anyone says, you are 100% betting on bitcoin being a sure thing long term since there is NO short term profit and NO guaranteed sale of the hardware should bitcoin tank. The return time is absolutely huge. All the so-called other uses for 2nd hand FPGAs are very few and far between, and there is hardly any market for a whole lot of 2nd hand FPGAs unlike GPUs. Difficulty slowly lags behind and parallels BTC value, not the other way around, no matter how much people want it to be, so difficulty will drop somewhat, but perhaps stay above the GPU mining profitability point. If the only way to mine profitably after the drop is with FPGAs, but only with a minimum turnaround of something like 1 year (factoring in reward drop), you can sell all the GPUs then and decide whether you want to bet 100% on bitcoin then and move to FPGAs or jump ship entirely. In investment, risk should parallel likely gain. The risks of FPGAs are much higher than GPUs, but the potential gains, are they there? Unless bitcoin explodes in popularity and price jumps up dramatically, and you have been hoarding them instead of selling them along the way, they're not. You have to be honest to yourself about the risk here when you're talking potentially tens of thousands of dollars, especially if it's not money you have to burn. Don't get wrapped up in the momentum and not see that it's just another risky venture. Don't worry. Nobody is investing life savings into this FPGA fad. They are all saying FPGA FTW, GPU dying to secure lower GPU prices for themselves Just like P4man saying don't hop so he can hop OR the bears saying BTC crashing so they can buy it cheap ...
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nah, donation is better
Yeah. I still get to keep the scammer tag that way I have learnt to wear it with pride
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No. There will always be fanboys like Gabi who will buy ATI just because they can.
When is 7990 coming is the bigger question here. Maybe never ...
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I would not be surprised if it was a 51% attack by the USSR government. Talk about chain split and community can recover ... But probably some religious FUDge about price rising to $1000. LOL Forgot to mention ( can't edit post ) that the difficulty rise has been huge so that might be it. Sell !!!
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I would not be surprised if it was a 51% attack by the USSR government. Talk about chain split and community can recover ... But probably some religious FUDge about price rising to $1000. LOL
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"Theif" "Calling the Police" "Felony charges". When dude tried strong-arming infront of others, other dude naturally felt compelled not to appear 'weak'." Can I become a donator scammer What part of that is strong-arming? What you admit you did is theft, and had you stolen from me and I knew who you were, I'd be all for making sure you were held accountable for it. There is nothing strong about what you are doing, you just look like a complete jerk. You have no right to keep his money, none of your excuses will change that. If you want to not appear weak, give him his money back. THen donate to the forums if you wish, and keep your "scammer" avatar, and you can be the forums' first donator scammer. When did I admit to theft ?
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Take a look here : https://bitcointalk.org/index.php?topic=40934.0 Especially post #20 : "Dude probably could have recovered a portion if he didn't try to strong-arm the guy infront of other people. "Please" "Finders Fee" "How can we work this out" I didn't see any of those approaches. Edit: I did see a lot of "Theif" "Calling the Police" "Felony charges". When dude tried strong-arming infront of others, other dude naturally felt compelled not to appear 'weak'." Can I become a donator scammer
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I recently recived cigaretts from cigs.eu. I ordered Marlboro Gold/Light, well they look like Marlboro but they taste like shit. There is a tax mark from moldavia on them and it says that they are produced by Phillip Morris Switzerland in UKRANIE, but to be honest they realy taste like SHIT! - Not compearable to the original Swiss Marlboro Gold. Since i know that there many guys try to import illegaly fake Cigarets to the EU especialy from Ukraine im not realy sure if that are even the original brands they offer.
This is disapointig cause i realy was thinkin that this would be a good deal, but in fact it seems to me that its just an other scam BEWARE !!
http://www.pmi.com/marketpages/pages/market_en_ua.aspxPhilips Morris has a factory in Ukraine... Manufacturing Facility PrJSC “Philip Morris Ukraine” 1 Polyovy Vyizd, Komunist Village Kharkiv District, Kharkiv Region 62482, Ukraine Tel: +380 (57) 775 90 00 Fax: +380 (57) 775 90 50
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Wish I still had my botnet up and running.
Very reassuring to see some of the "big" people in BTC and their backgrounds ... Joke. I am sure it was Do you guys have evidence that guy is selling Linode coins
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Wish I still had my botnet up and running.
Very reassuring to see some of the "big" people in BTC and their backgrounds ...
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Don't get the point of selling debt. It is worth 0 now he defaulted ... It is not like you will ever get that scammer anyway. Even if you have ALL his details what can we do ( legally ) to him ? Most likely we get sued for harassment because BTC is not legal tender and he has not committed a criminal offence Let's say I lend you some of my rare baseball cards and you promise to give them back to me in one month. Let's say the baseball cards are worth about $1500. Now let's say you do not return them when you said you would. Has a crime been committed? Could I go to court over this claim? Are baseball cards legal tender? Answers: Yes, Yes, No. BTC is a virtual good by legal definitions. I would LOVE for somebody to take the likes of Linode and Tom Williams to court over BTC. LOL Good luck getting BTC thieves into court No wonder you're one. We can't sue you, eh. There's always street justice There's always jail time ... for "street justice" ( from nerds like BTC users ? LOL )
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Still no confirmation from P4man when it is blatantly him doing it. How lame. 0 integrity and honesty. I guess you should expect that from a total hypocrite ! P4man : "Don't hop ! Let me do it and get all the $$$"
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Look above bulanula, more details were added to the post you quoted Also, the In**** is Inaba. That 1 14GH/s rig with 18 BFL singles, and the GPU rigs above lol Now I'll let you guys play... Already had my fun for today. And if someone else is feeling bold, like Clipse was, think twice: can you say owned? If you only kept your mouth shut, Clipse, I wouldn't have dug the rest... Oh, BTW, if you look at my sig, my silence can be bought Damn. It seems like all the "regulars" here were into some sort of mining cartel. They were pretty small compared to amazingrando and gigavps, though. How do I get in
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Huh huh , I said I know JWU42 and it was laughable that you think the name JW*** is related to him. So Im curious why you would immediately think that it is him or why you state I said I know what those passwords are since either you are on some mind altering drugs or reading things that I never typed.
Yes, because JWU42 doesn't even mine nor needs to return a profit to his investors and to himself... https://bitcointalk.org/index.php?topic=75867.0Maybe his operation is even making more money and he's screwing out investors and keeping some extra money. Paying 100%, saying he only keeps transaction fees and keeping whatever percentage more he makes just for him. You can throw sand at my eyes all you want. I'm still not blind! Also: drugs never altered my mind. They enhanced it You should try some one day. Damn right psy. I bow down to your investigative skills ! I think it would not be too hard for all the people offering bonds / pools at 100% PPS just to be funneling through something like GPUMAX / hopping and taking all the cut from that themselves and giving only 100% PPS to investors / miners while keeping the rest. Clipse is doing it probably along with JWU42 and his bond along with tons of others I think. But who is buying the premium shares from GPUMAX
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