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I'm sure someone will correct me if I'm wrong, but from what I can understand, this is all up to Mt. Gox, isn't it? Not really much the users can do about it.

There are quite a few other ways to exploit a box running Linux. Attempting the method you described there would be my last thought.

I believe it means the FBI raided a datacenter and confiscated some servers. This actually happens quite often, so could you please enlighten us on how you made the jump in logic to deduct that this had something to do with Mt. Gox being hacked?

They don't act like they are immune. They act like they have the money to settle any cases. And they do.

Of course you can say that your product is more secure for those who pay. Why shouldn't you be able to say so in a free market? This is completely normal in the grown-up world.

If there was a robbery, no.

However, if someone suddenly flooded the market selling their gold reserves, the price would take a drastic hit.

Since I am skeptical towards bitcoin, I guess that makes me a hater?

I am not afraid of bitcoins. I understand how they work. I have quite a good grasp on economy, mathematics, markets and trading. That is why I am skeptical towards bitcoin. The thing is, bitcoin does have quite a few legitimate skeptical questions surrounding it, and after reading these forums for quite some time before registering, I've seen that the biggest enemy for bitcoin in the "battle" towards becoming a full on currency alternative are the evangelists.

Any skeptical question is immediately shot down with "troll", "you don't know how it works", "get out of here" and other replies in the same tone. Sure, there are a fair share of utter retards posting nonsense here trying to look cool or whatever in bashing bitcoins, but not all of us are being skeptical just to be skeptical.

If I have a question about a problem with bitcoins, and ask it in a normal polite manner, I would expect a normal and polite answer. If I'm wrong and my problems are only perceived problems, then by all means show me what I'm not getting. I would welcome it, since it would give me a chance to learn. But the "oldtimers" very often seem to be in instant attack mode for any skeptics, and don't even bother answer questions properly. That's why, after all my time reading, I'm still skeptical. I don't see anyone actually tackling the problems that bitcoin is having.

Hasn't PayPal put a ban on bitcoin buying/selling due to the extremely high chargeback volumes? With chargebacks PayPal gets extra work and no money, meaning they would be pretty quick to freeze accounts dealing with it.

So that is when the 21,000,000th bitcoin is generated?

Though, from what I'm seeing, the speed of which blocks are generated will depend on the available hardware? So how would it be possible to calculate this, considering we have no idea what power hardware will have in the future. Even predicting the power of hardware a couple of years ahead is close to impossible.

Howdy.

I'm one of the skeptics when it comes to bitcoins, but I'm always willing to learn and have any mistaken negative thoughts disproven