Chase will close MTGOX's account any time. Bitcoin and banks simply do not mix. Its not really hard to understand but the greed of trying to get each possible customer with easy banking deposits will flop soon. Good luck Gox!! Visit, www.coinexchanger.comActually, it is possible. We reached a deal with the top 5 major banks and a 3rd party fully licensed state and federal MSB. Not only will our accounts NOT be closed, but we will also be providing INSTANT cash deposits. Meaning, once you deposit the cash with the pre-printed deposit slip (Email/SMS as well) then the banks securely polls our API to complete the transfer to your MtGox or TradeHill account (more exchanges soon) Should be launched early next week. -Charlie, Bitinstant.com you're kidding of course; what banks?  |
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thanks for sharing your thoughts.
i agree with most everything.
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If you realize that the Fed has to continue to debase the USD to keep the world afloat then you realize the value of Bitcoin. They cannot afford to let countries default in a domino effect like we had companies do in the 2008 crash. The stock market is sensing this as are commodities like oil. Unfortunately gold is not doing as well:  |
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Sorry, can only comment on a little piece since it's almost 3am. Even if Bitcoins turn out as a failed experiment, it still provides a glimpse into a decentralized monetary future. As distrust in central banks continue to increase as the financial crisis drags on, my expectation is that private currencies will continue to grow in popularity.
This opinion is widespread, but I believe it sounds too negative for Bitcoin. The design is actually quite extensible and probably close to the optimum; if Bitcoin fails for non-technical reasons, the future of private currencies would look quite dim. That said, there is no serious competition and no reason to believe anything BUT Bitcoin should become the dominant non-fiat global currency. This is a very strong statement. Bitcoin is a special case, a disruptive technology just emerging. Just like html, there could have been others, but this one came first and is likely to take its market position with great force. This stance is not only logical, but also in everyone's best interest -- there is no reason to split into marginally better backing systems when we can just extend Bitcoin and unite on a measure of value. An article should emphasize that Bitcoin is in a special position, and this first appearance of distributed finance is a once-in-history event. No reason to "tone it down" at this point.  i agree completely. |
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BrightAnarchist: how is your father feeling about Bitcoin right now?
He is a fan Good. I'm a subscriber. I think its time you wrote another article. Its been over a year. Bitcoin has withstood the worst of the crash and is working its way back up. You have a huge audience that needs to know about this. |
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but it was created by people with the intention of becoming for the people. in this sense i agree with the OP.
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i have a major chunk. thats all i'm willing to say.
more relevantly, i traded in most of my gold and silver for Bitcoin and continue to be happy i've done that.
the real gains in Bitcoin are yet to come.
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This is all very interesting and while I certainly wouldn't protest some good ol' fashion detective work or the occasional debate on someones identity, I feel it may be inappropriate do pursure Satoshi's. It is of my opinion that we have, at the least, a civic duty to ensure that Satoshi's real identity should remain anonymous if that is what he so chooses. We could probably debate that viewpoint until our brains fall out. But it just seems to me, in light of the potential problems one could face with being the 'creator' of such an endeavour, that our continued research into his identity is impulsive at best. And potentially dangerous to him at worst.
Sincerely,
Derek
Too late for that. I already forwarded a full dossier on Hettinga including his address in Antigua to the Secret Enforcement Office (SEG) at the FED. I expect to be receiving sizable rewards from the Bilderburg Group and Trilateral Commission any day now. What a well thought out and mature response.  Just to make sure any potential conspiracy implications did not distract you from the part that really matters I have bolded and underlined it in my orginal quote. If you don't give a crap after that, that's your business. But to dismiss it because the Gov don't care or 'they could find him anyhows' is irresponsible in my humblest of opinions. +1 |
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This made me realize one of bitcoin's advantages over other asset classes: it's the most liquid. Up until now I'd not really considered it too seriously as a store of wealth (volatility, newness, etc.) but I might rethink that because of the incredibly high liquidity... in a sense, bitcoin is liquidity made manifest. It beats precious metals, as you don't have to physically meet with the other party to deliver it. Even cash is usually trapped in a bank, subject to some degree to their whims.
And as outlets for exchange and use increase, it only gets better. Hmm.
I think I'll be upping my %.
d*mn those speculators providing all this liquidity. how dare they put their interests ahead of real honest to goodness merchants!  |
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today i moved 0.5 BTC from my laptop wallet ->Spinner->mtgox->Spinner-> back to wallet all no problem. Nice and easy.
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why are you posting an article from back in June? nothing was imminent back then and nothing is imminent now. the author is also full of rubbish when he states the network is vulnerable. he's already been proven terribly wrong.
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I like "fixed digital currency". fixed>scarce: since there are plenty of bitcoins to go around if it becomes broad based whereas scarce implies not enough. digital>virtual: To me virtual gives an air of temporary or fleetingness currency: i think we need ppl to understand that Bitcoin is money. just my two cents. hmm, I'm not a native english speaker. It seems "scarcity" has negative connotations. Is there a synonym that could be used? Seldomness, rarity or something? scarcity implies "fixed", doesn't it? I don't like "fixed", it sound like "shooting drugs up your arm" in my ear because of the german "fixen" I agree on "digital" being somewhat better than "virtual", which sound like "vapor" indeed. Digital Scarcity? That looses something compared to "virtual", though: the fact that "bits of information" (which are abundant and cheap by their nature) had to be "virtually made scarce" to engineer bitcoin (they are not _really_ scarce, only _virtually_) well, i'd say your English is pretty good. i'm not sure there are any sovereign citizens who want a scarce currency. people want enough if not more to give them a good life. in fact, i'm beginning to think the masses like the inflation the CB's are providing as no one wants any pain. they just don't realize the long term implications. so "fixed" in this sense means enough to satisfy the masses but only a certain amount and no more. i think the public would buy that. |
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I updated but login page still shows 3.1
Hmm, it's possible that 3.11 still didn't show on the Market when you updated. It should be there soon enough. Let me know if somehow it doesn't show up and I'll send you the APK. Sorry for any inconvenience! Cheers, rasengan Im trying to withdrawal 0.4995 btc but I'm getting a error. I'm assuming its a fee error of some sort but how do I know how much to deduct? Why don't you just automatically deduct fee? edit: the error says "please enter a valid amount". 0.4995 is the total balance in there right now which is what i'm trying to withdraw. |
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whats the easiest way to get 3.11 on android?
The easiest way would be to update through the Android Market. If it is not showing in the Android Market, try restarting the device since the Market appears to cache results. It is updated here though: https://market.android.com/details?id=com.mtgoxlive.traderCheers, rasengan I updated but login page still shows 3.1 |
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this may have been mentioned before but after 0.5 install, i still have 0.4 opened in my system tray which i can send coins from WITH a password. not that this is a problem, i don't think, but it is confusing that its still open and available.
i haven't figured out yet how to delete 0.4 w/o destroying the encrypted wallet yet.
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These are some pretty interesting suggestions, and we will definitely look into this. A two or more part private key would be very interesting. (The first thing that actually came to mind was a scene in "Gundam Seed Destiny" where Kira and Lacus have two separate keys which are both required to unlock Freedom. -- Pretty cool idea)
Also, just a note, a small update (version 3.11) was pushed which includes a fix for some users who have indicated issues while on unstable wireless networks.
Edit: forgot a comma in the first sentence
Edit #2: added gundam remark
whats the easiest way to get 3.11 on android? |
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I like "fixed digital currency". fixed>scarce: since there are plenty of bitcoins to go around if it becomes broad based whereas scarce implies not enough. digital>virtual: To me virtual gives an air of temporary or fleetingness currency: i think we need ppl to understand that Bitcoin is money. just my two cents. |
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my Sentiment Indicator just cleared 80 as well: 80.1:19.9 |
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you should've made it with 10x the gold of the 100BTC bar.
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