I am waiting for gox to open and cash in on the panic selling. what i have lost so far is nothing compared to what I expect to make cashing in on inexperienced computer geeks or first time traders in this market. I will have your scalps.
as stated in the OP my biggest worry is the exchanges, they are the next single biggest point of failure you people need recognise, more exchanges are needed that are backed by someone big.. or this will remain in the realm of a fantasy nerd currency..
True. There are many that have no biz trading here. Some of the really young see an exchange and participate.....why? They should just mine/buy and hold. Conduct biz if they can. Traders are going to get shredded. If the exchanges can keep it together BTC should evolve positively. If not............ |
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Any response from this Jack-ass yet?
He hasn't been online since 3 minutes after his original post. I'd say it's safe to say he won't be back around. |
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Come on Anduril, you troll, defend the dollar and fiat currencies.....
Allude to other threats with weaponry and drugging people. That's what the US does is it not. The value of the dollar down the barrel of a gun..... Nice.
Your quote has nothing to do with what I said BTW, I think you replied to the wrong post. However, the xkcd cartoon is in jest to exemplify that the currency can be as secure as you can make it, and there will still be problems with security (like with unencrypted wallets and website exploits). Just as with everything in the world. It is simply a reminder that all of this hubris must be met with sanity. By the way, look up tu quoque fallacy. Just because there are problems with fiat currencies it does not validate BTC. And ffs people, not everyone who is critical of Bitcoin is a troll. I am very interested in it from various perspectives, yet it seems like it has become impossible to even post a cartoon without receiving an insult! I'm aware of what I did and it was intentional. And I don't mind critics of BTC. I think I'm pretty realistic about the risk involved. I also have a pretty decent memory and recognize constant negativity. Perhaps you are just an observer but others are observing you as well. You're an experiment just like BTC. I'll read your link. |
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That's a problem with CENTRALIZED ISSUED CURRENCIES, actually you can see that to happen with US Dollar, Euros or any fiat/country currency around the World. Bitcoin is immune to that, nobody can say from date X on you can't use bitcoins. Come on Anduril, you troll, defend the dollar and fiat currencies..... Allude to other threats with weaponry and drugging people. That's what the US does is it not. The value of the dollar down the barrel of a gun..... Nice. |
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If you look at Bitcoins as analogous to the Gold Rush of 1849, it might provide a better parallel. Early miners made a lot of money, while later miners "made a living". If you had never heard of a gold rush, and 1849 hit, and you heard of a lot of people getting rich on gold, you (as an uneducated person) might be tempted to buy gold. This, of course, would be silly, except that a lot of people buying gold drives the price of gold up, and so as gold gets attention, people see that others have made money buying gold, and so you get the bubble. People buying Bitcoin is a lot like people buying gold in 1849 - it doesn't make a lot of sense, unless you believe that it either is a) a good store of wealth, or b) going to rise in utility /value in the future.
Bitcoin is going to get more attention primarily because it has solved a problem that has never been solved before - Beenz and Digicash didn't solve it. Paypal and Mastercard didn't solve it. Cash doesn't solve it. Bitcoin has a very clever solution to a very difficult problem. And it's the first to solve it. So Bitcoin is going to get attention. And with attention comes investment. And with investment comes a rise in value. As long as Bitcoin continues to GROW in the attention it gets, chances are good that people will try to figure out how to invest in it. And to see that there were only 61,000 accounts in the Mt. Gox leaked database, that shows how truly tiny the Bitcoin community is. In fact, there were less than 10,000 prior to May 15th or so.
This is an excellent post. Very well said. I'll be saving this one as well... |
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I see you have the ability to post a candlestick chart, any other analysis besides the usual newbie - "It's a bubble"?
You'd think you were just parroting people in the forums, honestly. I look forward to your next post filled with fundamental and/or technical analysis.
He did recommend a movie back in September...... Gordon Gekko's back!!! |
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So I noticed it said Dwolla / LR withdrawals are halted - any word on the issue or when they will resume?
Unknown. It's in Dwolla's hands. |
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Question: Did you really offer to pay one of the bitcoin developers to say you were a better exchange than Mt. Gox?
Of course they did, and they are completely ignoring the demands to comment on it. They comment on everything else but that. why would the bitcoin developers lie ? You all constantly strive to oust and prevent scammers, and you have one here staring you in the face. Avoid BitCoin7 Like the plague.Why should they address that on this thread? It's been covered on different threads and those who received messages (including myself) from B7 to promote them have mostly disclosed what the details were. If you took the time to read those threads (which I see you haven't because I dare say, you are lazy, the lot of you who keep revisiting this) you would see that it's more of a perception by the individual as to whether or not it's right or wrong. Without delving too deeply into it I would also daresay that most of you don't know what a proper "ethic" is and what makes it an ethic. And there's a fine line between ethics and cultural differences. Some cultures would not even consider promoting your service without some type of kickback. Indeed, they would be offended. I'll say this for the record, anyone who comes in here on their high horse of morality is a hypocrite. Every single one of you. Each and everyone. Not one person, myself included, lives their lives to the highest ethical potential. He who has not sinned may cast the first stone. Now STFU! And of course trolls keep trollin'. What else can you do? |
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Damn, I'm down to 0.3 bitcoins per day now. After the next difficulty increase, mining won't be worth it to me unless the price goes up to AT LEAST $25. But maybe I'll keep mining a while longer anyway, and just hold for a while.
I think VERY soon it becomes a matter of faith. This Mt. Gox situation is preventing the true (if you can call it that) price discovery. It's interesting that the difficulty rises while trading is limited amongst all the exhcanges. Oh what will happen? What indeed? |
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Aug 1st will see 3 more difficulties.
1.37M until July 2nd (current)
2.5M until July 12
3.5M until July 23
4.7M until Aug 3rd
So in the middle of the 4.7M difficulty, BTC will need to be worth $80 to remain an equivalent difficulty:price ratio.
How about I'm seeing 1.37 million difficulty as we speak..... |
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@Tronlet, That's been addressed and beat to death on different threads. Please seek them out and review.
I looked through both Bitcoin7's post history and Chris's, but unfortunately I couldn't find any addressing of the subject. They may have addressed it while using different accounts, but there are literally thousands of posts about Bitcoin7, so instead of just making this claim could you link to some of these posts where the matter was resolved to at least some degree? You're asking me to use the search function for you? I'm satisfied, you are not. I would suggest to you that if you have some great moral dilemma to just let it go and go trade on Mt Gox. After they open. That is as long as you have no moral issue with them. And I do also hope that you cancel your cable tv. All the shameless advertisements. How the cable companies can accept payment from these corporations to promote their products when you just wanted to watch Jersey Shores or whatever the hell people watch these days. And one other thing, grow up. I doubt you even pay the cable bill. Disclosure: cancelled my cable 3 years ago. |
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Dwolla transfers are temporary offline. While we are solving this issue, you could add funds to your Bitcoin7, using LibertyReserve &.. US Bank Transfer CitiBank (US) USD bank transfer to US bank $15 1-3 business days $15 to do a Bank Transfer? (edit: & Only via CitiBank?) How do you expect me to get money to you?I signed up for an LR account today only to realize that LR can't add funds to itself, by itself LR relies on (yet) another separate website/service for that. Have you ever wired anyone money before? Welcome to the real world. How many $35 international wires do I wish I could trade for $15......oh happy days. |
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@Tronlet, That's been addressed and beat to death on different threads. Please seek them out and review.
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Are you guy who posted to Reddit saying something like "just some casual mining" and showed box after box of computer equipment in a rented storage locker?
What's with the box of gpu's on the bottom left? Seems like a strange way to stage.... I smell something strange here.... This could be a bunch of used gear being resold or already mined to death and he wants an upgrade. Could you also post a copy of your invoice with sales date please.....? Proceed with caution. Not accusing him but.....just sayin'. lol... u guys are retarded.. I've been on the phone with several buyers, taken people into my basement in person and am still selling as i speak on another thread.. why is it so hard to believe that someone is selling bitcoin mining gear on a bitcoin mining forum? Where do u think this 10 terahashes is coming from god? Exactly what is the supposed grand conspiracy here? Am i suppose to be with the New world order selling 10,000$ worth of crap online to discredit bitcoin to prop up bilderberg group or what? And exactly how does shit accomplish that anyway? LOL.. Anyway dealing with people on here has taught me one thing.. thank god for return policies. You shouldn't take it personally especially considering there may be (may) a theft in progress. Someone selling gear through the forum..... http://forum.bitcoin.org/index.php?topic=21325.100;topicseen |
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I suggest you blacklist this wallet address from receiving coins from BPM and alert those accounts who were switched to it.
It takes one second to create another one..this is no sollution. I just don't understand why the attacker does not use several(let say 50) different adresses to be less traceable. Maybe because there not all that sophisticated. It's just THAT easy to get into some people's accounts.... |
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I invited the members, please don't PM them so they get barraged.
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If all that's true, you're holding board member BTC. Correction, you were. I hope to god you ship out those cards or your the thief. Don't expect sympathy for DEMANDING people meet you on your terms, not use escrow, collect payment before shipping...... I smell a set up. Let's bring those other members to this thread and figure this out. |
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Brothers, gonna have to do some reading here..... |
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So is this new troll policy???
Always keep a fresh topic on the list about a hack or BTC theft. I swear I've read this same post and the same tone several times now. Even some of the same words of desperation.
Any newbie or reporter that comes by will see it posted there.
I'm sorry but I just don't buy it. I call BS of the highest order.
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