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181  Bitcoin / Bitcoin Discussion / Re: I'm Kevin, here's my side. on: June 20, 2011, 09:13:04 PM
You stole 643 btc. Congrats.

Every major exchange breaks trades. Too bad for you, consider yourself lucky if you don't get sued for the 643 btc.
182  Bitcoin / Bitcoin Discussion / Re: Kevin Day, New Bitcoin Multimillionaire worth 5 Million dollars on: June 20, 2011, 07:05:35 PM
Of course they are being rolled back. Every exchange has and will continue to break trades like this..they all have rules about 'clearly erroneous' trades.

NYSE, Nasdaq - all of them have broken trades and will do so again. This is super standard, but I guess people not used to trading other assets on exchanges would not understand this.
183  Economy / Trading Discussion / Re: Best Place For BTC Reference Prices (Bid and Ask) on: June 20, 2011, 02:28:58 PM
Trade Hill will not open before mtgox...They have that 'Buy now' feature and have no idea where to set the buy/sell prices. They could get killed.
184  Economy / Marketplace / Re: Poll: How long will these jackpot games last? on: June 19, 2011, 04:05:34 PM
Unlikely, as there will always be a trust issue and shady code.

That's why things like sportsbetting - where results are independently verifiable - will be more popular going forward.

Sports can be rigged, but not by code, only by refs or players  Grin

(see my sig)
185  Economy / Marketplace / Re: New Sports / Leagues available at on: June 18, 2011, 05:47:13 PM
Yes, CFL will be up when the season starts in a couple weeks!
186  Economy / Marketplace / New Sports / Leagues available at on: June 18, 2011, 04:59:27 PM
Being a slow time of year for sports, we have added the following for your wagering enjoyment:

Arena Football
College World Series Baseball
Gold Cup Soccer Tournament
Japan J-League Soccer

In addition to the usual MLB, MMA, E-Sports and other betting. has been active since January with many positive reviews on the forums and elsewhere. Check it out!
187  Economy / Trading Discussion / Re: My concerns with Bitcoin7 and Tradehill on: June 16, 2011, 01:07:55 PM
I'm sure they are fine for small amounts.

But the fact the mtgox has a strong track record and many months of history handling 5figure + amounts smoothly - it will be a long, long time (if ever), before one of these new exchanges builds up that level of trust.
188  Bitcoin / Bitcoin Discussion / Re: theymos deserves a big kudos! on: June 15, 2011, 02:39:25 PM
theymos is good people, have dealt with him many times.

That said, if you are remotely worried about something like this, you should already be using VPNs and anon web-proxies
189  Economy / Marketplace / Re: MtGox supports Dwolla on: June 10, 2011, 04:03:27 PM
very glad to hear for you guys.. mine didn't get thru (send another email per the reddit).
190  Economy / Marketplace / Re: MtGox supports Dwolla on: June 10, 2011, 02:23:36 PM
What I'd like to see is - obviously not everyone there can be working on the issue, only the coding geeks or MT himself - start processing them manually already.

Even with a very generous 1 withdraw request completed per minute 1 person could knock out 500/day. Granted it would not fix the situation long term, but at least it would give 500 people some satisfaction and relief (and would probably comfort everyone else too - by seeing the reports from the happy 500). It's been almost a week and nothing should have higher priority than processing deposits and withdrawals.
191  Economy / Marketplace / Re: MtGox supports Dwolla on: June 10, 2011, 01:32:45 PM
Well it's late Friday night in Japan and no update here or on the reddit. sigh.

192  Economy / Marketplace / Re: MtGox supports Dwolla on: June 09, 2011, 02:47:36 PM
Guys, they have said on /r/Mtgox that it is an o-auth issue, all the withdrawals are queued up and ready to go once that is fixed.

Unfortunately the ETA for this fix keeps shifting.

I think if not fixed in another 24 hrs, gox should temp hire some people and do them manually. It is getting a bit ridiculous and causing a loss of confidence.
193  Bitcoin / Bitcoin Discussion / Re: The single most important issue for BitCoin today on: June 07, 2011, 05:47:00 PM
Disagree. I'd put that pretty low on the list

1. Securing Wallets by default (watch the chaos when a virus/trjoan hits)

2. Mining pool operator gains 51%, or colludes with other mining pool owners to get > 50%. Needs to be a switch to the distributed style mining pool, where the owner does not have the same amount of control (cuddlefish idea, but enhanced a bit)

3. Network defense of govt takedown/attack - allow for flexible port-switching, tor-by-default, etc

4. Headless clients with geographically diverse supernodes like fallback list (to allow for true mobile apps)

etc...somewhere down there is the .02BTC issue. It's pretty simple, if 1BTC is $20, people will have no problem spending 2-3decimals out. In fact the client should be enhanced to prevent decimal entry errors, by giving a readback/confirmation screen with guidelines.
194  Bitcoin / Bitcoin Discussion / Re: Static or Reducing Difficulty, Panic? on: June 07, 2011, 04:59:18 PM
Part of the problem with difficulty growth at the moment is a lack of availability on the top end AMD GPUs. I'm not sure if miners bought the majority of those high end cards or if they were just the straw that broke the camels back. Either way the lack of any for purchase is slowing network power growth.

Oh no!  Don't tell me people are hoarding graphics cards now...that'll send the graphics card economy into a deflationary death spiral straight to hell.  Wink

Hahaha, well played sir.  Grin
195  Bitcoin / Bitcoin Discussion / Re: Bitcoin Betting Sites on: June 05, 2011, 08:42:04 PM
of course - - been active since January with positive reviews...see my signature
196  Other / Politics & Society / Re: Is bitcoin just for criminals and terrorists? on: June 01, 2011, 09:45:01 PM
The argument that 'every transaction is in a public log' therefore criminals can be tracked is ridiculous. Anyone with enough sense to use bitcoin who wants to cover their tracks can easily use mtgox/mybitcoin other ewallet providers as mixing agents and end up with 'clean' coins (assuming they received 'dirty' ones from a Justice department sting operation trying to trace them or something).
197  Bitcoin / Bitcoin Discussion / Re: [POLL] BTC or UBC? on: June 01, 2011, 08:56:53 PM
ah...yes, thanks. Mindfreeze. That's pretty gross, long way to go before that is needed.
198  Bitcoin / Bitcoin Discussion / Re: [POLL] BTC or UBC? on: June 01, 2011, 08:32:26 PM
Keep BTC, but create a view in the client to set preferences and show Both BTc/UBC, or either.

Any transfers can be shown in both, and the entry box can cofirm the amount to prevent mistakes.

So if someone prepares a transfer, it will show "Sending 3.00000 BTC / 3000.00 UBC to '1WXaX3xz....'

199  Bitcoin / Bitcoin Discussion / Re: How many bitcoins were there in the beginning? on: June 01, 2011, 07:13:01 PM
Even today some blocks have no transactions except for the generation transaction.

"Greedy" miners ignoring free transactions of whatever priority (space allowing, of course) that are pending really sucks. And they are also hurting themselves, they just may be too dumb to know it - by causing transaction verification to be slower, they may be turning off other potential users of bitcoin - some of those potential users  may have invested allowing miners to receive higher prices for their coins.

Really short-sighted and tilting. Once the block reward is reduced, sure, but not now.
200  Bitcoin / Project Development / Re: Letter to the EFF on: June 01, 2011, 05:41:49 PM
I sent an email may 25th - no response.
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