I tried linux several years back then I realized was unnecessary while surfing porn site.
Lol, best post of the day. But now seriously: for a Bitcoin user, Windows is like playing Russian roulette. Too many attack vectors in there. |
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Seems to me like the amount of value being traded has, when you take into account prices, increased. I mean 50k coins at $10 each is less then 5k at $130.
Which is already reflected in the higher price. IMO BTC volume is the appropriate indicator. Agreed. And we are preaching an all time low in terms of coin supply at Gox. It looks to me that there's very little new fiat going to Gox, and very little coins being offered. |
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Congrats, Alan! Really excited about this!
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Mentioned by wonkytonky elsewhere.
Look what happened on Sept 4th, the last time they kissed.
Bid-Sum and Ask-Sum are on different Y-Axis, they cannot touch or cross each other, they live in totally different dimensions. That's absolutely right. Well, live and learn. I found the mention interesting. You long these days? Mostly, I dont like trading in this market because is too unpredictable. Volume is low and there is a scarcity of coins which IMO is artificially produced by Gox's problems. On the other side, the order book at Bitstamp, especially the bid side, is a joke. I tried to arbitrage with a few k's and I failed miserably. 3 weeks waiting for Gox's fiat until I cancelled the withdrawal. Ill a wait a little to see if I can buy cheaper, and then I'm leaving Gox until they solve their liquidity problems. |
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Mentioned by wonkytonky elsewhere.
Look what happened on Sept 4th, the last time they kissed.
Bid-Sum and Ask-Sum are on different Y-Axis, they cannot touch or cross each other, they live in totally different dimensions. That's absolutely right. |
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MtGox fixes their withdrawals, BTC sum skyrockets to 150-200k.
MtGox doesn't fix their withdrawals, sooner or later the BTC will begin hitting Bitstamp.
I think people are delusional to think current Bitcoin supply is anywhere near "normal" levels. Consider for a moment that over 100k BTC are created every month (and we are about 30% quicker), plus miners' marginal profits continue their collapse with about halving every month. They'll have to sell more and more to amortize their newly shipped ASICs, and when we squeeze even more, to cover their electricity costs.
There's no new money flow in truth, only an illiquid primary exchange that is delaying and distorting everything.
i think the supply is mostly still there because BTC whales are the ones creating the backlog in withdrawals right now, they know they will eventually see the money ( they probably got 1 -2 withdrawals through since this all started ) ... and the supply really is getting thinner, and thinner... The only thing people knows is that Gox is short of $10M, and that withdrawals are heavily delayed. Oh, and that Gox is lying blatantly regarding the reasons of the delays. Its obvious they have liquidity issues, and they are not being transparent about it. I think Gox is hiding behind its finger, having big problems managing their cash flow while they hope to cover their holes with trading fees... But trading volume is shrinking. If they are estimating future income, they are overestimating it because each week less and less trades happen on Gox. I really hope they get their shit together. But they are not doing good, and that's why you pay a premium for Gox's BTC - the value of Gox's fiat is shrinking, little by little. |
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Hashish is just "plant concentrate". You can shake the plants on a sieve to collect the resin or "pollen" or THC, you can do it dry or cold and wet.
We're talking about the plant itself, not the cartels. You legalize weed, then the cartels will no longer find weed to be profitable as every medical dispensary around the corner will have one. Then they won't murder you over weed.
I can't say the same about other drugs though.
You can say that about ALL drugs. Make them legal, and there will be no more cartels. Drugs are illegal just because that way they are more profitable for the powerful few. |
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Just to inform (as the topic is/was):
I got my euros from Gox today (via SEPA transfer). Took 7 business days.
I've been waiting 3 weeks for a SEPA transfer. No. Actually less than 10K EUR. |
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Just to inform (as the topic is/was):
I got my euros from Gox today (via SEPA transfer). Took 7 business days.
I've been waiting 3 weeks for a SEPA transfer. |
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Me he echado unas buenas risas  Y ahora en serio: por supuesto que minar BTC sigue siendo rentable, simplemente se está profesionalizando, lo cual es totalmente lógico y normal. El minero "amateur" es eso, un aficionado. Paga un premium por un equipo cuyo precio está "inflado" con el beneficio de todos los que han participado en la fabricación de las partes y el ensamblaje del minero, y por tanto el "amateur" difícilmente podrá sacar un beneficio a menos que el BTC suba mucho de precio... Pero claro, en ese caso más les valdría haber comprado BTC con el dinero que le ha costado el minero. Esto no significa que "minar ya no es rentable", obviamente es un gran negocio y por eso la red crece de forma exponencial. Minar tiene que ser rentable (aunque lo sea de forma marginal como en todos los entornos competitivos), de lo contrario la red no crecería. Lo que está pasando es que el beneficio se concentrará cada vez más en las manos de los "pros" que tengan el capital, recursos y/o knowhow suficientes como para desarrollar sus propios diseños o en todo caso para beneficiarse de economías de escala. La minería se vuelve industria, y deja de ser un "hobby". Esto no es ni dramático ni extraño: es ley de vida. |
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¿Cómo se hace la doble autenticación?  Tienes que activarlo en mtgox (dentro de "Security center" > "Software authenticators") y, aparte, instalar la app "google authenticator" en el móvil. En la app darle a crear una cuenta nueva, te pedirá un código, y ese código te lo da gox. A partir de ese momento la app te generará un número aleatorio cada 30 segundos, y gox te lo pedirá para hacer login y para sacar dinero. Gox sabe cuál es el número aleatorio que le vas a poner porque la secuencia de números depende del código de marras. Lo que significa que debes guardar una copia del código (o de la imagen QR) por si pierdes el móvil, o de lo contrario te quedas fuera de gox. El mismo proceso vale para la yubikey, con la diferencia que el código no lo miras en la app de Google, sino que insertas la yubikey que automáticamente valida la transacción. Como dice dserrano5 es fundamental copiar el código QR si usas Google Auth - en cambio la yubikey no la puedes copiar. Yo sinceramente uso: - google auth, con una copia de seguridad en papel del QR en *dos* sitios muy seguros - tengo una yubikey que el propio gox me ha regalado, y la tengo de tercer backup. Si por casualidad me quedo sin movil, siempre puedo usar la yubikey para entrar en mi cuenta. Y si me quedo sin móvil y sin yubikey, pues ya tiro de backup en papel del código QR |
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looking at thegenesisblock i did some math and things are looking grim..wanted to know what you guys think about it.
Given facts:
- With an initial mining date of October
- Difficulty ~140 mil (now 110 + 30% over the next week)
- 1 Jupiter @ 400 MH/s
- BTC@140$
Results. This scenario with an increase of 77% until march next year will not break even!
Considering that in October we will most likely see 40-50%/11day increase since KNC is shipping, November and December mark the months of newcomers such as (CoinTerra and HashFEst)
The likelihood that the difficulty will taper off until march 2014 is next to 0.
Maybe i`m not seeing all the sides of the cube, but it is not looking good.
With BTC @ 180$ will have profited ~400$
Yep. It would have been more profitable to just have bought BTC in June instead of buying Jupiters. Difficulty just went to the roof. Hindsight is 20/20. It was a risk, we took it, it didn't pay off. That's life, at least the loss is not too big if they deliver on time. |
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Pretty lame if you ask me - especially when bitcoin touts itself as being "free of transaction fees". Sooo, you don't have to pay a fee, but it will take over a day for confirmation - gay.
I'm definitely holding onto my litecoins.
So... You registered in here in May 24th 2011 and you still do not understand LTC is a CLONE of BTC, which means that as soon as LTC has the same transaction volume as BTC you will need to pay fees to get your transactions in a block? Really? Seriously? Wow. Just wow. |
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We have hardcore porn on TV on weekends night in Europe since the '80s, in some countries since the '70s. I knew the US was fucked up, but I didn't know it was SO bad.
There is a lot of insincere prudishness here. I don't understand it. It's full of irony. M Sorry, didn't get you. Care to explain? |
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.
You wouldn't be able to guess that looking at America now. It is way more sexually repressed than most of Europe. So, compare the sexually repressed America to the much more sexually liberal Europe, and you'll clearly see that more repression here has resulted in more sexual problems.........
NONSENSE... maybe we just figured out that preachers' daughters were hot.... Derailing the thread here, but a quick observation. Isn't it perverse that every night on TV I can see a brutal murder followed by a grotesque autopsy. They might be burned to death or beheaded, etc. But, show a nipple on TV and it's pornography!!! Someone must go to jail and be punished for this. That seems very sick to me. It would be so, except things are not as you have described. You and I can on the cable, see movies with their versions of sexuality, or subscribe to the playboy channel etc, or hit the internet nipples ad nauseum. The old rules of broadcast television are just a blip while we speed down the road. As an aside, one interesting aspect of South Africa was the radically different treatment of nudity on broadcast television. But they got massive other kinds of problems... Really? You do not have porn on TV in the US? Not even a "nipple"? I hope you are joking. Do you really need to have cable to watch Playboy channel, which is mostly softcore at least in Europe? We have hardcore porn on TV on weekends night in Europe since the '80s, in some countries since the '70s. I knew the US was fucked up, but I didn't know it was SO bad. |
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What are you rambling about? You mean that somebody will bet 10,000BTC against your ridiculous 1BTC bankroll?
You keep spitting BS regarding how you will gonna end up paying. Cut the shit and confess. If you really fucked up unwittingly, man up and tell us what didn't work for "the best casino of 2013" to became a Ponzi scheme. Explain us where is the problem, how did you solve it, and what's your plan in order to refund scammed people.
Oh... You can't say shit because you fixed nothing. New investors cannot withdraw neither.
Please rephrase without swearing and I will address your points. Have a hug so you won't be so angry all the time!  We are working on repaying the investors. BETTORS? Bettors too Icecube, a man can only hope that you will stay with us after the unreasonable amount of time that your payments were delayed. Anyone sending you money is just a retard. You are stealing people's money, paying nothing to investors/bettors, and you do not even have the brains to come up with a decent explanation regarding what's happening and how are you going to solve it. Anyone hoping to get back his coins is a delusional fool. This thread should be locked and you should get a ban+scammer tag. |
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Check this out (Gox's answer to Coinlab's suit - TL;DR: they are saying they are short of an additional $5M, NOT including Dwolla and DHS): http://numismatics.pwnz.org/wp-content/uploads/2013/09/MtGox-Answer.pdfDefendants are informed and believe that in March and April, 2013 MtGox customers, at the
suggestion of CoinLab, deposited $12,788,701.08 into one or more CoinLab bank accounts;
CoinLab then caused the amount of such funds to be credited to such customers' MtGox
accounts but CoinLab did not transfer the actual funds into the MtGox bank account. As a
result, such customers' MtGox account reflected a higher amount of currency funds available
to such customers than were actually in the MtGox bank account. In April, 2013, and upon
the demand of MtGox, CoinLab transferred a portion of those amounts, $ 7,473,490.29, to the
MtGox bank account, leaving a balance of approximately $ 5,315,210.79 to be transferred to
the MtGox account and which is being wrongfully held by CoinLab. I read this as VERY BAD news. "Overwhelming" the biggest bank in Japan my ass... The +$14M on Gox's order book, plus whatever is "dormant" or in the withdrawal queue, and therefore all our Gox balances..... Are backed only by thin air. Let me get this straight. Mt.Gox was stiffed $5 million by coinlab and another $5 million by the US gov.. That's over $10 million of missing funds on Mt.Gox. ....funds that are nevertheless credited on our Gox balances. |
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You know what? This is good news.
Gox didn't eat the money.
Someway this situation will be fixed.
If any of this is true (read from the seventh counterclaim on the end of page 39 through the twelfth which ends on page 47), Peter Vessenes stands out as the worst scammer in the history of Bitcoin. You can forget about small the fish like Pirate. Peter Vessenes stole the deposits. The chairman of the Bitcoin Foundation is a thief. CoinLab is in liquidation. The money are in Peter Vessenes' pockets now. No wonder he is smiling on the picture on bitcoinfoundation.org. MtGox has had unusal high income lately due to cross-currency trades which makes a 2.5% extra fee for currency conversion. I'm sure MtGox will cover the remaining ~2 million USD (profit from April to August deducted) eventually, and this is not what limits withdrawals. There are currently about 14 million USD in bids in the order book. Yep, bids that in great part are not backed up by money in their bank. I'm sure they are also spending A LOT on lawyers and such. This shit (DHS and regulators pushing, Coinlab suing and stealing, etc.) is not cheap. I always defended Gox, but honestly: this is looking bad. They are blatantly lying about what's causing the delays and how they are handling withdrawals, and now we find out there is an additional $5M hole. If you add up that to the other seizures you see they have a liquidity problem. I just hope people remains calm and this does not trigger a run. I know I'm feeling nervous about my SEPA withdrawal delayed for 3 weeks now. |
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Me acabo de quedar flipado con este hilo porque yo opero bastante con mtgox...
Me gustaría aumentar la seguridad de mi cuenta pero mi movil es bastante antiguo y no tiene sistema operativo para hacer la doble autentificación de google....alguien sabe si el usb de yubikeys funciona bien ?? son 25$...
Funcionan muy bien, y son MUY resistentes (con suerte resisten hasta la lavadora). |
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