“Gox is the worst-run business in the history of the world,” said Roger Ver, in an instant message interview. Ver is a bitcoin advocate who lives across the street from Mt. Gox’s Tokyo offices and tried to help out the troubled exchange the last time it was hacked, back in 2011.

I agree, I don't think people realize just how bad this is. The main thing is people will not trust money on the exchanges. I am highly considering pulling off the money I have on campbx, as I just don't trust any of these exchanges anymore.

http://www.coindesk.com/mt-gox-trading-halts-bitcoin-businesses-move-assure-investors/ we are all screwed, get into fiat or cry for months.

I highly doubt malleability transactions caused all of this...

Good, but please let's remember that the actual solution will be "Phase 3," which can't arrive too soon: high-volume Decentralized Exchanges and practical Multisignature Transactions.

As long as we're in Phase 2 (Competent professional people/operations HANDLING massive amounts of customer funds) the true promise of cryptocurrencies is still unrealized, and massive losses/thefts/freezes can still occur.

"Phase 3" companies, however, can arise to provide rich capabilities for bitcoin storage & exchange, BUT would be unable to abscond with significant funds because users could choose to retain full control of their transactions. Bulletproof multisignature capabilities can make that possible.

Assuming your goal is $120/day (and lets call it 5 days a week), you're talking about moving around 6k every week back and forth.

Luckily your bank will shut you down before the government does, but probably not before you end up on every watch list there is. You might be able to pull it off longer with multiple accounts, that will likely raise flags when 1) the credit bureau (not exactly, its a separate not quite like FICO and shit that banks use for accounts) reports back that you opened a bunch of accounts 2) when all these banks report 1099-INT's to the IRS.

Add on top the traditional risk (reversals, freezes, assorted other unforeseen losses), it seems like a shitty way to make a buck.

You could sell gluten free cookies at farmers market for fucks sake and make more than $600 a week, don't get drawn into shit arbitrage because it doesn't sound like work.

why would you buy a domain name in the same few days you apparently become insolvent?

The crimes take place in the physical world anyway, and that is where law enforcement has to be.
Standard law enforcement methods are not hampered by bitcoin.
If you order drugs there is a box at the postal office getting picked up.
If there is a hit , there is a person with a gun and a person with a motive.
If somebody buys plutonium there is a supplier, transport and lots of people involved.

Curious as to whats funny about people seeking help with addiction, depression and other things anonymously. I'm gonna go out on a limb here. Just because you don't have a need for help doesn't mean others don't. But not that you would know that because apparently it's all funny. I mean really, what a selfish thing to say.

They were supposed to be, but judging by the lack of difficulty the attacker had (total attack time was about two hours from first connections to last), I'd guess not.

Depending on the number address that 21 M is located on, you would need to account for a transaction fee, looking at the total number of address and the average block size it wouldn't be the full 21 M.

Maybe the OP's transaction size was too large for the default fee.