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I'm starting to consolidate towards Peercoin, myself. Have a bit of LTC still left in my wallet, but will focus more on Peercoin regardless (including exchanging some BTC that I mine via Hashco.ws for it).
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Peercoin, as a long awaited version update will be due in the next couple of weeks. The price has been stagnant or on a decline since the Mt. Gox incident like most other cryptocurrencies, so this should help reignite the trend upwards, especially given the ability to buy them directly with either USD or Euros, along with new exchanges taking it on.
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Armory, purely for the extra level of security and the ability to backup my wallets more easily than using the Bitcoin-QT client. More of a true set-and-forget than hoping the hard drive the wallet is on doesn't fail abruptly.
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Bitcoinmegastore.com? Knew those alpaca wool socks were too good to be true.  My second guess would be localbitcoins.com |
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That commercial music festivals are not really worth it any more. Went to Future Music yesterday and just could not get into it, no matter how hard I tried. The muppet factor was high in the crowd and most of the sets were just droning and repetitive. Bit of a waste of $175.
Might go to Blazing Swan in the Western Australian wheatbelt late next month, it's like a local Burning Man festival.
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What's the point - use localbitcoins.com
They are the BEST exchange out there
An issue of trust, perhaps? |
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Haven't sold with them, but coinjar.io is another option. Same with BTCMarkets.net
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Yeah, the price of Peercoin will shoot up a bit once the V0.4 client is released in a few weeks time, IMO.
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Or I'm joining the dots based on other pieces, like last night's chat log, and reading other things between the lines like the announcement of the coins being frozen and so forth. The more I think about this, the more credible this theory sounds. The whole "He took off with our monies" angle comes across as more tenuous now.
Would be nice if the date the subpoena was received by Mt.Gox was confirmed to be either the same day as, or the day before, the withdrawals were frozen.
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As someone with coins on Gox, I take this a very positive development. It offers an alternative reason why Karpeles and Gox are acting the way they are, instead of the "all the coins are missing" explanation, which if true, seems to be the worst possible outcome.
Compared to the other rather wacky theories about what happened, I agree this is more likely what has happened as well. The link does mention that it was sent sometime this month, which I guess would have been right before the withdrawals were frozen. |
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I think the subpoena by the US Justice Department might actually be responsible for why the coins were "unavailable". Also might explain why he couldn't say a thing about what was going on and why he was consulting a lawyer this morning.
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Updated: An unnamed source tells him simply that federal prosecutors sent the subpoena this month. The freezing of withdrawals and the shuttering of the site coupled with Mark not being able to disclose anything suddenly makes a whole lot of sense. |
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Apparently it was sent "sometime this month".
The halting of transactions and the eventual shuttering of the site seems to make much more sense now.
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My other question will the bitcoin devs face a lawsuit eventually for knowing about the transaction malleability issue and not making a serious effort to address it?
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I think I wouldn't be surprised if the Bitcoin devs face a lawsuit eventually as a result for knowing about the transaction malleability issue for about 3 years and not making a serious effort to address it.
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