CDT?  Is that Australian, Cuban or North American?

UTC is so much more internet friendly... I don't understand why so many people persist in using these parochial abbreviations on global websites (especially when it's not obvious what country the site is in or aimed at)

I deposited some more yesterday.. it took just under 24 hrs this time.  nice!

bank-to-bank transfers I've done within the country usually take longer than that..   I'm surprised that it got to a Japanese account so quickly, after going via Technocash as an intermediary. 
Maybe technocash do the international part of the transfer quickly by having a credit agreement with mtgox.. or by settling in BTC

..Or maybe the Australian banks are finally realizing that to compete  they have to speed up their game?   (not likely)

Yes.. you need the money on hand for it to show up in the bid list.
mtgox lets you place an order without the covering funds - but these orders don't become active/visible until the covering funds materialize from a sale or deposit.

Not a bad article overall.. but has some slight misunderstandings about the nature of the 21 million coin limit, and doesn't acknowledge bitcoin's divisibility.. hence the poor comparison to trading cards.

4 times, 3 different bank accounts - so far all approx 3 banking days.   Maybe I've been lucky.

If you genuinely wish for such a high valuation - then why are you putting forth the idea that the current value is on such shaky ground that it's open to manipulation at the whim of a single investor?  

Anyone who thinks they know what's going on is either delusional, or simply hasn't yet come to the end of a run of chance correlations between their pet theories and the price.

That's my pet theory.

I wonder if it would be obvious if you scratched it off, read the code, then applied a new scratch-off label over the top.
I guess it depends how thick the labels are.
If they're quite thin - then it'd make it a little too easy to scam people with these.

I agree.  This is a purchase of good will - not a bailout.

Mt Gox gets not just the good will from it's new Polish customers - but from the wider bitcoin community too.
It's a show of confidence and strength. Just good marketing really.

I think it has both associations - even going way back.
To 'hack' something is to make use of it in a way not intended during it's design.

This can be an act of wizardry in improving something - or combined with an act of antagonism in breaking/defeating/stealing something of somebody else's.
In the context of defeating a security device/system - whether it's 'good' or 'bad' is often debatable.

Even in the sense of 'improving' something...  to say something is a 'bit of a hack' or 'was hacked together' ... implies a certain rough practicality and taking of short-cuts in comparison to up-front design.
It's little wonder that the similar rough methodologies and reverse-engineering of systems should be termed 'hacking in' with reference to gaining unauthorised access.

I don't see how you can claim 'hacker' and 'criminal' are mutually exclusive.  They're attributes/labels that *can* both be held by one person.
It is sad that the media often seems to conflate 'criminal' and 'hacker' - not realizing that 'criminal' is an additional attribute held by a minority of hackers - but they've been using 'hacker' to refer to people breaking into computer systems since the 80's if not earlier.

I think that by now we just have to accept that 'hack', like 'fuck' - is a very versatile word.

heh.. funny you should mention that.. I noted my reservations on exchange consolidation on the corresponding thread in discussion.

Nevertheless..  the stain on the entire bitcoin ecosystem caused by the bitomat failure was enough that I think on balance this is good.
There are still plenty of opportunities for exchanges to pop up and compete.

Mt.Gox, The World’s Largest Bitcoin Exchange to Acquire Bitomat.pl, Compensate Loss Of Bitcoins
https://www.mtgox.com/press_release_20110811.html


This is just awesome news.

I'd prefer there were many independent exchanges rather than too much consolidation - but kudos to Mt Gox nonetheless!

I think the feel-good factor for this move will extend beyond Poland.

It's now one less thing the rabid anti-bitcoiners can use to naysay us with.
Ok - it's still bad it happened in the first place, but that a transaction like this can take place in the bitcoin community - a form of free-market 'consumer protection'.... that's just awesome.

I doubt the impact on price will be immediate or large.. but it may make a difference in how some of the upcoming news coverage is slanted.. so it's a good long-term signal.
Good move by mtgox for sure.

It just goes to demonstrate how poorly 'Tom Williams' handled the mybitcoin incident.

If he wasn't so bloody precious about his anonymity - he could've potentially come up with a similar arrangement with some investor.

mybitcoin would have been worth much more than the Polish exchange too. I can't believe he trashed that brand.. all over a mere 75,000 coins or so.

I hope it's a 'drive difficulty up - then withdraw' attack.

This Ixcoin is such a lame effort. 

If you're just going to tweak numbers.. then how could you miss the opportunity to set the coin limit to 42 million?
(That bitcoin is 21 million has always made me slightly suspicious that Satoshi only intended bitcoin to be the half-baked test run..  what sort of geek doesn't choose  42 where an arbitrary number is called for in a publicly visible place?)

Seriously though..  I thought the next fork might be something that did some real modifications along the line of what Ben Laurie was talking about in his paper
'An Efficient Distributed Currency'.
I'm not convinced such a system would be better than bitcoin, because it implies a bit more centralization and/or trust amongst peers - but it would be different enough to be interesting at least.

Ixcoin - not so much.  I'll buy one coin if it ever trades at approximate parity with the USD for more than one day.
(I was interested in bitcoin before it got to parity - but it had novelty,ingenuity and obvious brains at the helm - Ixcoin appears to be driven by a greedy regexp monkey)

Right now.. you can easily mine over 9000 (literally) satoshi per minute on a single half-decent GPU!
People will surely look back at this as a golden age of mining.

It's notable enough as a FUD datapoint for bitcoin being associated with terror funding (on scant evidence) - even if it'd come from someone less more obscure than Pat Dollard.

As for not reporting multiparters on the 1st part - don't blame me for wasting your time - blame the source.
If episode 2 surprises, and needs any more summary than "herp derp" - feel free to report back.
 

Well if you think that article's bad.. 
check out this Pat Dollard nutbag:

“Bitcoin”: Anarchy And Islam Join Forces To Form The New World Order Of Terror
http://patdollard.com/2011/08/coming-next-monday-the-debut-of-a-new-investigative-series-and-radio-show/

I hope nobody actually listens to that guy.