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Author Topic: When the Hot Deadly Lava from MtGox is Inches from Your Feet how Will YOU React?  (Read 3402 times)
Tirapon
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March 07, 2013, 01:28:32 AM
 #21

Some idiot posted in the thread, 'I am pretty confident we are the new wealthy elite, gentlemen.' That's literally all that happened...

Best off holding, I reckon we'll find support at $32 or thereabouts. Don't panic.

Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Qoheleth
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Spurn wild goose chases. Seek that which endures.


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March 07, 2013, 01:35:37 AM
 #22

When we were going up, I was open about the fact that I was taking profits on the way.

Now that the rocket is in the middle of a messy re-entry, I am watching with amusement as my auto-trade software repeatedly tries to buy 20BTC, and gets increasingly confused that Mt. Gox isn't returning its calls.

Interesting times. Smiley

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
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March 07, 2013, 01:48:50 AM
 #23

Now that the rocket is in the middle of a messy re-entry, I am watching with amusement as my auto-trade software repeatedly tries to buy 20BTC, and gets increasingly confused that Mt. Gox isn't returning its calls.
Heh. Looks like the ridiculous little thing ended up buying three times when it should have only bought once.

Ah well, easy enough to correct. Need to make a note to fix the bug, though.  Grin

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
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April 11, 2013, 10:52:49 PM
 #24


Welcome back my friends to the show that never ends...   Cheesy


>> Are you going to remain calm tonight?


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April 11, 2013, 11:27:33 PM
 #25

The lava is an illusion.  I will stand firm and watch it fade away...
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April 12, 2013, 12:17:27 AM
 #26

Does anyone know how to contact BTC-e right away?
or where is the thread for people who get suddenly logged out of the site?


The lava is an illusion.  I will stand firm and watch it fade away...

Good for you Smiley




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April 12, 2013, 12:31:42 AM
 #27

Does anyone know how to contact BTC-e right away?
or where is the thread for people who get suddenly logged out of the site?


The lava is an illusion.  I will stand firm and watch it fade away...

Good for you Smiley


Stop posting this question in all the threads and use the freaking search function.

more or less retired.
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April 12, 2013, 12:39:25 AM
 #28

I did search, I'm looking for a thread I was last week, and have not found it yet.
BTC-e posts info about the logout issue, I didn't read the details then, and now I need it.

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April 12, 2013, 12:40:19 AM
 #29

Why are people selling when they should be buying?

why did you bring this thread back from the dead? Seriously.

Just realized this thread is from '11

Shortly before Gox reopened, almost like today.

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April 12, 2013, 01:05:57 AM
 #30

Shortly before Gox reopened, almost like today.

The petty affairs of mankind are of no concern to the tectonic forces at work deep below the sunlit crust.

Mt Gox erupts when it pleases! 


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Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


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Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


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It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

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April 16, 2013, 03:02:31 AM
 #31

I tried to help prepared people and many of you are still acting with fear.

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