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1  Economy / Trading Discussion / What the hell is going on at MtGox? on: June 27, 2011, 09:34:43 AM
I sold my bitcoins at MtGox yesterday and was looking forward to withdraw the money, but to my big surprise I had a negative account balance?! My account history showed that some of my trades were hit by fees of almost 200 % instead of the promised 0,3 %!!! I had already sent them three requests to fix it, but they just ignore them. What the hell are these guys doing ?!?!?!?!!!
2  Economy / Trading Discussion / Ridiculous fees at MtGox - anybody else has this problem? on: June 26, 2011, 08:12:42 PM
I recently sold bitcoin at MtGox and I was surprised that at the end I had a negative amount of dollars in my account. So I looked at my account history and to my surprise the fees for some of my trades were ridiculous, somewhere between 10 to almost 200 per cent. I know it is a technical problem that will get fixed, but seriously MtGox is a joke. Anybody else has this problem?
3  Economy / Trading Discussion / Is anyone buying bitcoins at MtGox right now? on: June 26, 2011, 07:22:49 PM
Is anyone buying bitcoins at MtGox right now?
4  Economy / Trading Discussion / Anybody knows when trading on MtGox will begin? on: June 26, 2011, 06:38:02 PM
Anybody knows when trading on MtGox will begin?
5  Bitcoin / Bitcoin Discussion / Re: Mt.Gox and void trades: Force Majeure on: June 21, 2011, 09:52:57 AM

1) Passing the verification may take some time if there is a lot of users. We'll try to make it as fast as possible.




Do you have any idea when MtGox will be open to trading?
6  Economy / Economics / Re: When will it be possible to trade on MtGox again? on: June 21, 2011, 07:30:38 AM
Quote
[Update - 5:00GMT]

We are still working to get the claim site up. People are probably getting tired of us pushing the time so we're just going to say it should be very soon. We'll update as soon as it's up.

Thank you for your continued patience.


That site being up wouldn't mean anything per se because trading will be open only "Once it is deemed enough users had the chance to get their account back". How long is that?
7  Economy / Economics / When will it be possible to trade on MtGox again? on: June 21, 2011, 06:51:10 AM
The only info from MtGox is that "Once it is deemed enough users had the chance to get their account back, the exchange will be open again (opening time will be announced at least 24 hours in advance". What does that mean, one day or one week?
8  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 15, 2011, 11:34:14 AM
Bitcoin on Freedomain Radio with Stefan Molyneux
http://www.youtube.com/watch?v=ygoqDBfjimM

This interview of Bruce Wagner is absolutely fantastic (warning: it is long).

It's also very one sided IMHO, I couldn't help thinking 'ponzi scheme!' while watching this. Bruce is almost exclusively focused on the (expected) appreciating value instead of utility and although Stefan mentions they're also going to talk about the downsides later on that never happens (don't you just hate when people state they'll come back to something later and they invariably don't?). Bruce also seems quite distracted in places, maybe he was watching the appreciation not happening?

We really need more balanced evangelism, the Bitcoin economy is helped a lot more by slowly and steadily growing with awareness of its weaknesses than by exponential hysteria causing a bubble that will wreck the whole thing when it comes crashing down.

Bruce Wagner is the Henry Blodget of Bitcoin:

“It’s a bubble, but it’s an unbreakable bubble, one that is just going to keep growing and growing and growing,” he said. He had predicted Bitcoins would be going for $10 each by the end of May; the price hit $9.999 on June 1. He now says it will hit $100 by the end of the month and $10,000 within one year. That nutty-sounding forecasting recalls dot-com bubble boy analyst Henry Blodget’s famous 1998 prediction that Amazon’s pre-split stock would double to $400, which happened less than a month later."
http://www.observer.com/2011/06/bit-omoney-whos-behind-the-bitcoin-bubble/

"It's not a bubble, and this time is different!" -That's what people always think.











9  Bitcoin / Bitcoin Discussion / Re: Bitcoin worse than drugs!!! Friends do not let friends to do bitcoins :-) on: June 14, 2011, 08:21:40 PM
I guess at least 99 percent of people on this forum (me included) think bitcoin can only go up, and are checking the price constantly. How about "bitcoin crack", or "crackcoin" (inspired by CrackBerry)?
10  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 14, 2011, 11:50:47 AM
The Week - Bitcoin - "Is the virtual currency for online drug buys doomed?"
http://theweek.com/article/index/216241/bitcoin-is-the-virtual-currency-for-online-drug-buys-doomed


The Register - "Bitcoin slump follows senators’ threats: Correlation or causation?"
http://www.theregister.co.uk/2011/06/14/bitcoin_slump/


VentureBeat - "Quora explains why Bitcoins are a bad idea"
http://venturebeat.com/2011/06/13/quora-bitcoin-bad-idea/
11  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 13, 2011, 10:02:02 PM
Benzinga - "Bitcoin: The Ultimate Free Market Currency"

http://www.benzinga.com/trading-ideas/long-ideas/11/06/1163923/bitcoin-the-ultimate-free-market-currency
12  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 13, 2011, 09:44:45 PM
NPR - "Bitcoin Goes Haywire"

http://www.npr.org/blogs/money/2011/06/13/137157430/bitcoin-goes-haywire

"We're working on a bitcoin podcast, but I wanted to post something now, because the exchange rate between dollars and bitcoins has been going haywire lately."
13  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 13, 2011, 08:12:10 PM
The Economist - "Virtual curreny:Bits and bob"

http://www.economist.com/blogs/babbage/2011/06/virtual-currency
14  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 13, 2011, 07:01:38 PM
Bitcoin’s Black Friday
http://ftalphaville.ft.com/blog/2011/06/13/592661/bitcoins-black-friday/

"The digital currency has not gone unnoticed by the City either. On Monday, this little tidbit was floating around London’s trading community — fired off by a currency trader at a leading bank:

We noticed the amazing rally of the Bitcoin vs the dollar. The peer-to-peer virtual currency has risen as much as 5600% against the USD over the last year, trading from $0.5 to a little over $28 at last Thursday’s close. To put this into perspective, if we saw ‘cable’ make the same move in the next year, £1 would be worth $9,515.68 — anyone making that currency play would literally coin it in…"
15  Economy / Economics / Will there be a spike in price by the end of the week? on: June 13, 2011, 06:32:39 PM
I suppose that some people who read today's articles in the mainstream media will wire their money to MtGox today and tommorrow, and buy bitcoins by the end of the week.
16  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 12, 2011, 08:00:31 PM
The Guardian writes "Bitcoin: the hacker currency that's taking over the web"

http://www.guardian.co.uk/technology/2011/jun/12/bitcoin-online-currency-us-government



NPR writes "Silk Road: Not Your Father's Amazon.com"

"Silk Road buyers and sellers use TOR, a system that allows its users to use the Internet anonymously, to log on to the site and only conduct transactions in the digital currency bitcoin, which is also untraceable."

http://www.npr.org/2011/06/12/137138008/silk-road-not-your-fathers-amazon-com
17  Economy / Economics / At which price will you sell your bitcoins? on: June 12, 2011, 05:46:45 PM
At which price will you sell your bitcoins?
18  Local / Deutsch (German) / Die ersten großen Unternehmen denken darüber nach Bitcoin zu akzeptieren? on: June 11, 2011, 08:16:44 PM
Jemand hat heute in den Comments zu einem Spiegel Artikel ueber Bitcoin folgendes geschrieben:

"Heute, 20:42      #16
JungVonMutti
Benutzer
 
Registriert seit: 05.11.2010
Beiträge: 12
 Ach da kommt noch was...
... das ist bisher alles nur Vorspiel. Die ersten großen Unternehmen denken darüber nach Bitcoin als Zahlungsmittel zu akzeptieren. Darunter auch ein großes Online-Reisebüro, welches mir gut bekannt ist.

Also ich hab mich schon eingedeckt, der Kursverlust ist mir ziemlich latte, mit macchiato Smiley
"

http://forum.spiegel.de/showthread.php?t=37615&page=2

http://www.spiegel.de/netzwelt/netzpolitik/0,1518,768071,00.html

Ist es wahr, dass grosse Unternehmen darueber nachdenken, oder will da nur jemand den Hype aufrechterhalten?
19  Economy / Economics / Have any major sites announced that they will accept bitcoin? on: June 11, 2011, 04:04:03 PM
For example gambling sites. Will all the silk road clones that are just springing up accept bitcoin and turn it into a viable currency? Will the drug trade be the driver behind bitcoin's success? (I would have no problem with that.)
20  Economy / Economics / How high can bitcoin go in the next 2 years? on: June 11, 2011, 11:10:30 AM
How high can bitcoin go in the next 2 years?
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