Because it comes from their bank account Mt.Gox will reject it.
Is that restriction for International wire to their bank in Japan, or is that for SEPA transfer to Mt. Gox's bank in Poland?
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Are there plans to add multi-factor authentication like OTP to the trading site? Right now I can add OTP to the site but that doesn't do anything to stop a replay attack to get unauthorized access to my trading account (where only username and password are still required): - https://icbit.se/WebTradeOf course, that's planned for the next update which is about WebTrade authentication improvements. So it appears that if you have two-factor enabled for the ICBIT website, that now is required for access to ICBIT trading. i.e., trading accounts are now protected from a replay replay attack. This protects against unauthorized login, though it appears there is not a another OTP authorization required when attempting to withdraw -- which is really the most important place the OTP should be required. But OTP for login is better than no not having OTP at all.
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5. The 30-character minikey would probably be a better private key than a full 51-character code, simply for user convenience. Many of them will end up typing them.
Maybe printed in addition to the 51-char key would be good, but unless that minikey is accepted (e.g., can be imported into the BItcoin.org client), then it shouldn't exist in place of the 51-char key.
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Has anyone made an ATM for Bitcoins?
For buying coins, there was an attempt that never launched. There are both technical and regulatory hurdles.
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"Greed" as in "Let me buy devices (thus support their further development) which are so powerful that anyone not using them is out of race." Those damn GPU miners are making CPU mining unprofitable. As a result only the greedy who buy devices which are so powerful (GPUs) will be able to remain in the race. The Bitcoin project will collapse as a result. Oh wait, ... that would have been what you are saying with that same line of thought back around December 2010. I suspect when "halving day" and/or ASIC shipments arrives there will be a lot of anger towards "Bitcoin". There are a lot of people that invested a lot of money, sweat and tears into their rigs and when the time comes to put GPUs down (likely in about fifty days) there will be a lot of posts from pissed off people sharing their disgust. Bitcoin doesn't exist to distribute currency to miners. Bitcoin exists because the alternative is a debt-based fiat that benefits the banksters and the governments that they buy. Bitcoin is as decentralized as it needs to be, otherwise we would be talking past-tense about it.
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Perhaps it is just too early in the life of bitcoin for people to consider it the default currency, but it seems like the longer we wait to make this change, the more difficult it will be to get everyone to shift their thoughts about it.
For an individual who holds bitcoins as a store of value that thinking is correct. As a society which doesn't (yet) hold bitcoins as a store of value, the reference doesn't work. Buying gold is a term that is familiar to individuals and investors even, not "selling dollars".
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when i use bitcoin-qt -loadblock=FILE what should i put in the place of FILE slould i put blk00001.dat or blk00002.dat file?
=blk0001.dat or ="C:\temp\blk0001.dat" (if you need to specify the path). I think it is smart enough to roll over and pull the 0002.dat automatically. [Edit: It appears I was mistaken there. When it has completed with the first data file it will launch the GUI and then download. You can then close the client and launch it again using the -loadblock=blk0002.dat to grab blocks that file as well.]
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And if BTC is +$10,= halving days isn,t much different then mining in april/june@$5,-
You are missing something in your math. Right now, before halving, mining at $12 with 3.0 million difficulty is just slightly better than than mining at $5 with 1.5 million difficulty like what the situation was like last May. If halving were to occur tomorrow though, it would be like mining at $6 with the current difficulty. Unless you are paying way less for electricity than average (e.g., average is $0.12 per kWh, so "much less" would be like $0.05, or $0.07 even might be OK), then you will be paying more in electricity for each bitcoin than you would had you bought the coin at the market rate. Nobody knows the future exchange rate and nobody knows the future difficulty. But you do know your cost of electricity and you do know within a few days when the halving will occur. There's no reason you can't keep mining at breakeven or at loss, but most people mining aren't doing it for the lulz.
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yes i downloaded it from here and unpacked from 7-zip but it does not have blkindex.dat file
You can extract the two blk*.dat files to a temporary folder and then use bitcoin-qt -loadblock=FILE to have it load the blockchain data from the local file rather than from the network. It still goes through the verification for each transaction so the advantage over a normal P2P network download is that the client is never waiting on a new block. But it does go faster.
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I'm cool with blockchain, but their app doesn't have any sort of authentication (or at least I haven't seen it). Account details -> Secuirty You can enabled two-factor authentication. This can be an e-mail, SMS text message, Yubikey, or Google Authenticator. no reason to risk losing it if I lose my phone.
As long as you have it save backups (or send them to you), you are protected from lost. You can also set up a second password that is required only for spending. So even if the phone is stolen and someone tries to send funds, they can't without the second password. Account details -> Passwords - http://www.Blockchain.info/wallet
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This is probably a dead horse...
Past dead. But as long as you took another swing ... They would probably stockpile a more modest/resonable number of asics/fpgas and launch attacks targeting the top pools. More hashing against pools helps the pool rather than hurt them. Or are you talking DDoS, and not doing hashing?
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It is the same password I use on several of my banking sites, so I know the password well.
Well, that could be one explanation as to what happened. I'ld first be worried that my system has been compromised and then only after being able to rule that out would I continue to use it. From a secure system, then I'ld change my bank passwords after this. Again -- password reuse is not recommended. Since I'm unable to get to my money now and that account will just go stale I'm pretty sure that Blockchain will get that money eventually.
No, they won't. They don't have access to the unecrypted keys. Now did you have a previous backup of your wallet from prior to having any trouble? But if a thief got access to it, even with an older copy of the wallet the funds are likely spent. The login page shows three backup methods ... Dropbox, Google Drive, and Email. You can configure it so that a copy of the encrypted wallet is sent to your e-mail after each change. Also, setting it up with a second password (required for spending) is a good recommendation.
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For posterity, here's the PayPal account that the payments on BTKoin.com are going through: - btko@yandex.comHow PayPal isn't on to them I have no idea. Almost makes me think PayPal is allowing it to be able to track the flow of funds. Anyway, others are asking about it. - http://bitcointalk.org/index.php?topic=117528.0
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7 cents/ kwh.
Oh, nice. Mine on, my friend, mine on!
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