TradeHill, Virwox, BitcoinMarket, btcex, Bitcoin7, etc;there are plenty! You don't need to wait for MtGox.
You're forgetting that about 70 - 80% of the *liquid* bitcoin economy is tied up at Mt. Gox. Sure, some people are putting MORE cash in, or depositing NEWLY MINTED bitcoins in other exchanges -- but the real "crash" and/or "recovery" can't happen until the Big Boy re-opens. There is so much cash there it hurts. All I can think is, "Ma Bell"!!! That's too much in any one group's hands. Not willing to say this was divine providence but Christ man! That's unreasonable!!! |
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You can predict it. Just look at how many blocks to go, and divide by the current blocks/hour rate. That will give you a pretty accurate idea. Right now it's looking like Friday morning.
It will be another doozy.
How exciting!!!! Less BTC, more competition, less trading, less credibility, lower exchange rate!? What could go wrong?  What does it take to make the difficulty lower? It will never get lower. Why less credibility if its harder to get? If history has proven anything it is that people usually want what they CAN'T get. And who the hell said the exchange rate will be lower? It might dip for a little bit after MTGOX comes back in, but in 2 weeks everything will be back to normal with bitcoins trading at about $30 a coin. You steal my very soul from me with your reason......  |
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You can predict it. Just look at how many blocks to go, and divide by the current blocks/hour rate. That will give you a pretty accurate idea. Right now it's looking like Friday morning.
It will be another doozy.
How exciting!!!! Less BTC, more competition, less trading, less credibility, lower exchange rate!? What could go wrong? What does it take to make the difficulty lower? |
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About a week.
A Mt. Gox week or a normal week? A Mt. Gox day is like 3 normal days. Ok, I will give them 'contractor days' which is about double... So, two weeks. chodpaba, Haven't seen relevant posts from you so I pose the question(s).... Use Mt. Gox, no use Mt. Gox? Forgive and forget? Forgive and use and always be shitting yourself?  |
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Being a silver guy I thought I'd check in with my old sources. I devote much time now to BTC as I believe it's valid but I must admit I've been "out of touch lately"..... So I thought I'd check in. I must say I was slightly alarmed.... Here's a small sample of what's going on in the outside world. The world looking in on us..... From Ed Steer at Casey Research: Inside the Mega-Hack of Bitcoin: the Full Story
A number of readers were kind enough to send me various stories about what happened to Bitcoin during the previous week. I told the first two or three readers that sent me stories on it, that I wasn't going to run it...but changed my mind when this more in-depth piece showed up.
I posted a story about this virtual currency last week...and I considered it to be right up there with the Tooth Fairy and the Easter Bunny. Since that story last week, there have been major troubles for Bitcoin...
"The storm had been building for over a week now. Last Monday at around 5 p.m. 25,000 Bitcoins were transferred from 478 accounts on the currency's largest exchange -- Mt. Gox. But that was just the beginning. Now Mt. Gox is admitting to a major breach and has shut down, in an unprecedented action. In all, approximately $8.75M USD worth of Bitcoins appear to have -- at least temporarily -- been stolen in the intrusion."
Wesley Legrand sent me this story about it that's posted over at dailytech.com...and the link to all the gory details are here.
Italics emphasis mine. Link here http://www.dailytech.com/Inside+the+MegaHack+of+Bitcoin+the+Full+Story/article21942.htmI must admit it's ironic that a silver guy, Ed Steer, would push an article where one of the main complaints about BTC is "volatility" but there it is. Stay focused. The Mt. Gox situation has many stressed but Mt. Gox is NOT BTC. If they disappeared tomorrow BTC will carry on. A visionary knows why he is doing what he is doing and ignores petty obstacles. A lesser man will stop and complain incessantly about the gum on the bottom of his shoe.......as the bus approacheth to run him over!!!!! |
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About a week.
And the voice of reason. Those eyes!!!!!! |
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Are we even talking about BTC anymore? What's going on here with this petty drivel? Check yourselves as the enemy engages. The boards are infiltrated. What point are you proving and to whom? Is it serving your own ego? Are you winning?
What have you won?
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4 weeks 3 days, thats friday 22 july at some point... mark my words
We all know that! Seriously dude, what time? |
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And what exactly are we looking at there? Did you read it? Overvolting will degrade the components of the circuitry over time. Makes sense. Interesting link, thx. |
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mtgox will inform us 24 hours before re-opening.
So get some sleep. |
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A contract is a contract. Its form is irrelevant.
If the parties do not agree that the contract has been fulfilled, who you gonna call, Ghostbusters?
I think it is stupid to call in the government. Look at the mess they have made with their own fiat money.
But it seems that half of the people here will not be happy until Big Brother comes to settle their arguments.
Too bad they won't stick with their own fucked-up money and legal system, and leave Bitcoin alone.
Call in the government and all of a sudden JP Morgue will be trading BTC on their prop desk. Disaster. I'd have to stick to my silver in that case. You'd have CDS's in BTC to the tune of a couple trillion dollars. I wonder: can this be stopped regardless? BTC futures? Naked short selling? |
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On page 3: "Your computer must be connected to the Internet to send or receive transactions..." That's not true for receiving now, is it? Ask Al Gore, he'll know. |
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Yes, Been mining w/ it for a while. Separate workers setup for each GPU.
Only stopped working last night/this morning.
[edit] then, after it stopped working... tried setting up 2 more workers and still, only cypress[1] would connect. Even tried cypress[0] on the older one that worked for [1] and it didn't work.
This doesn't make sense.
How many machines do you have running? On your deepbit account (do) you see both cards running and getting the M/hs you would expect? You're making sure the server is entered in properly on both cards? Have you tried switching the card positions on your MB? |
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this is strange, I can get only 1 of my 2 workers to... work with the pool.
a 5970 - 2 GPUs
Only Cypress[1] will connect, cypress[0] will not, even with new workers setup.
Still works on deepbit.... So for now, Im running cypress[0] on deepbit and cypress[1] on slush.
I'm sure you have separate credentials for each GPU as a separate worker and typed the worker name and passwords in for each??? It would make sense if you did not do this and your miner worked on deepbit. |
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I tried to warn you...
Oh fuck off! You're actually going to take credit for an event that no one could have predicted. Go bugger a young boy!!! "I told you so, I told you so!! In a really whiny little pathetic voice!!!! yes nobody could predict that a low-budget site like Mt Gox could be hacked! lol -- Looks like somebody invested all of their allowance in bitcoins! haha -- Seems like now is a great time to invest in bitcoin! Good luck savvy investors! Note to self. Ignore this board from here on out. |
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You only represent a group of molecules. Why should I care if I run you over on a crosswalk?
Because you don't know if my consciousness exists separately from the miniscule mass. That's why. Hey, I don't even know if you have such a thing as "consciousness". Anyway, I do believe imperi was being facetious. I do to. That's why I posted a neutral response. And not knowing if anyone has a consciousness is my point. Life is a gamble in that respect. |
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As far as I'm concerned there is no such thing as stolen bitcoins...
I mean what exactly is it that's stolen? It's a number that represents an amount of computational power.
What happened may be illegal but it's not theft, maybe fraud from the hacker for selling in somebody elses name.
According to your argument, electronic bank fraud is not theft. After all its a number that represents an amount of economic, political, and military power. I think this guy should read Atlas' post on the creation of wealth and the ownership of that wealth. And then take some ethics classes. If I smashed down his front door, took his computer/wallet, according to him that would not be theft. Why? Because the BTC therein are nothging more than a series of computations and the computer iteself a "collage" of molecules representing the figment of imagination. Not really real at all so nothing to be stole! The door? A mental block. Another figment of imagination to cast aside. Rubbish! You only represent a group of molecules. Why should I care if I run you over on a crosswalk? Because you don't know if my consciousness exists separately from the miniscule mass. That's why. |
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I tried to warn you...
Oh fuck off! You're actually going to take credit for an event that no one could have predicted. Go bugger a young boy!!! "I told you so, I told you so!! In a really whiny little pathetic voice!!!! |
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