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1  Other / Beginners & Help / Re: Once the Exchange opens...What are you going to do? on: June 21, 2011, 04:47:30 PM
Your forgetting SR buyers who have been unable to buy anything in a week due to SR outages followed by this mess. Their funds are all tied up in Mt Gox.

SR buyers provide a strong demand because they don't care what the exchange rate is.. they aren't using it as a commodity to day trade like a lot of people on this forum..
Most sellers on SR put up by USD amount, and the BTC amount changes in accordance with the exchange rate.

uh yeah.. that was exactly my point. They don't care if a BTC is $.01 or $100. The prices are locked to USD and they are going to exchange and spend 20 minutes later.
2  Other / Beginners & Help / Re: Once the Exchange opens...What are you going to do? on: June 21, 2011, 04:18:57 PM
Your forgetting SR buyers who have been unable to buy anything in a week due to SR outages followed by this mess. Their funds are all tied up in Mt Gox.

SR buyers provide a strong demand because they don't care what the exchange rate is.. they aren't using it as a commodity to day trade like a lot of people on this forum..
3  Other / Beginners & Help / Re: Once the Exchange opens...What are you going to do? on: June 21, 2011, 03:54:43 PM
.. buy bitcoins using mt gox.. i heart for them..
4  Other / Beginners & Help / Re: 500K BTC amounts to what % of total mass of existing BTCs?? on: June 21, 2011, 12:23:57 PM
i would have expected the user with 500k BTC to have come forward by this point..
5  Other / Beginners & Help / Re: How Large Bank Websites are Secured on: June 21, 2011, 05:37:04 AM
These types of standards are very generic. They talk about logical/theoretical separation of pieces of data, roles which have access to them, etc. They may mention specific types of attacks but not specific implementation used to defend against them. The standards are then applied to the business by the company and verified by an auditor. Of course, in practice, the auditor likely isn't going to poke holes in the application like hackers around the globe will - he's just going to run some automated tests of known exploits and common obvious mistakes..

Any time there is a database, someone is going to need to have access to it. How do you know that person will protect it 100% without fail? How do you know that if you put enough incentive on the line, that a switch won't flip in their head and turn them into the bad guy? If you are employing/paying people for service on your system, internal breaches are the easiest and most likely, and most difficult to guard against - you can't guess another person's behavior with 100% accuracy.

That is why the various financial computer security standards emphasize use of multiple roles to do any 1 task. For instance, making a code change could require authentication by both a coder and a reviewer. Then you are limiting your possibility of a breach to blatant negligence of multiple parties or collusion.
6  Other / Beginners & Help / Re: Would some nice (sucker) send me a tiny amount so I can check my client works? on: June 21, 2011, 05:10:05 AM
Wow.  Does this really work on you guys?    Embarrassed

http://freebitcoins.appspot.com/
7  Other / Beginners & Help / Re: What's up with Mt Gox? on: June 21, 2011, 05:02:17 AM
I would chalk up any money or bitcoins you had on there as a loss.

Anyone that has ever programmed will tell you that giving an accurate estimate of how long a large set of tasks will take is near impossible... and you always end up giving them the most optimistic estimate because you don't want to piss your customer/client/boss/etc off, then the job ends up taking 3 times as long as your worst imaginable estimate.
8  Other / Beginners & Help / Re: Problems accessing Silk Road as of 5:35pm MST 6/15/11 on: June 16, 2011, 12:36:47 PM
Quote
So the server went down unexpectedly today. This was very unnerving because we thought it had somehow been seized or something terrible like that. Fortunately it was just some kind of glitch and we were able to reboot. Everything has been backed up and is totally current, but we are not going to turn the site back on for a couple of days while we work out a way to prevent such problems. We are terribly sorry for this inconvenience, but we want to provide the best service possible, and random outages just aren't going to cut it. We know it must be terribly frustrating, but we are taking the better-safe-than-sorry approach and we hope you understand.

This explanation reeks of "I'm not telling you something."
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