But what was wrong with the name Mtgox? That seems perfectly consumer-friendly to me.
MtGox launches Bitcoins.com, an information site for all things Bitcoin
81–90 of 119 posts
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#82Earlier quoted context omitted.
In case of Blockchain.info, wallet decryption happens in browser. The server sends you an encrypted wallet if you know user ID and provide 2-FA code. Without the code, anyone who knows your user ID will get the encrypted wallet and bruteforce it offline. With 2-FA they'd have to hack into your email or phone to get the code or hack into your email or computer to get your encrypted backup.
My interpretation of offline is if someone had access to their stored data ( ex: blockchain.info is hacked, database is leaked, etc ). In that case then 2-FA is pointless. It's only valid when interacting with them as an online service.
Usually you send your password to a service, but in this case encrypted data is "leaked" to a person requesting it. 2-FA prevents from giving this data to strangers (and won't help if the service is hacked, yes)
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#83Under "top 8" exchanges they list MtGox first. Does not inspire confidence in them in light of the news about BTC China being the biggest.
They claim the rankings come from Bitcoin Charts, yet on there BTC China has 60% more volume than MtGox.
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#84How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…
No intelligent person will sell you Bitcoins with a credit card because the transaction could be charged back and they wouldn't be able to recover the coins.
If you want to buy bitcoins and you are in the US go to Coinbase.com you can crate an account link it to your bank account and buy some coins very quickly. If you use an exchange like Mtgox or similar it could take weeks to get all the identity verification stuff approved. If you decide you want to day trade later get an account on CampBX, bitstamp.net or similar and use that but to start out Coinbase is the way to go.
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#85Earlier quoted context omitted.
This question comes up frequently. The best thing to do if you want to buy something for $500, is buy $500 in bitcoin and then pay with bitcoin. This way your 'stash' isn't eroded and you contribute to the bitcoin economy.
Then what you're proposing eliminates the fundamental purpose of using Bitcoin over existing currency. Why pay transaction fees to an exchange if I can pay zero fees with cash or use a service like Dwolla in which the fee is significantly cheaper than an exchange fee?
Because the 3% credit card fee is already baked into the price of goods you buy. You just don't realize it because merchants are not allowed to visibly offer a cash discount or charge a credit card fee.
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#86How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…
localbitcoins.com is good....just look for a reputable seller
They also provide escrow. The seller can release funds on their phone, and you'll get an authenticated notification on your phone immediately.
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#87Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…
Saying CC's have robust fraud protection is equally misleading, imo. They require you trust every merchant, website, waiter, etc to not abuse your information. Chargebacks just shift the cost of the merchant, most of the time, and as best I can tell PCI exists mostly to shift liability around.
In the USA, credit cards don't do anything protect anybody from fraud.
However, they have extremely robust mechanisms in place for shuffling around the consequences of all the rampant fraud that results from their complete failure to offer even the barest minimum of fraud protection. So as a consumer I get to feel protected all the same.
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#88Wow, they used a BFL Jalapeno as their example miner: http://www.bitcoins.com/assets/img/illustrations/digitally_c...
Interesting choice...
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#89I wonder how Mt. Gox dares to spend their time creating this (which is nice by the way) instead of solving their withdrawal issues and finishing their new trading engine integration, which is pissing off many of their customers. The only reasonable explanation is that they have given up on decreasing their churn rate and instead they are focusing on acquiring newbies into their platform. Actually this is kind of sad.…
A friend copied an e-mail that MtGox sent to them today: Dear MtGox Customers, Thank you for your patience during an incredible year for Bitcoin and MtGox. We’ve not been able to communicate as we may have wanted, but we’ve been working tirelessly in the background and we’re looking forward to even more progress in the coming weeks, which we’ll be announcing soon. We have four developments that we are proud to announ…
So.... every Mt. Gox transfer now costs USD $1? And may cost USD $2 tomorrow?
Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin
#90Now that is a clean, friendly design. I wonder how long until we need a crypto-currency lobby for congress.
> Now that is a clean, friendly design. I was pleasantly surprised to find that the header wasn't fixed. I can't wait until that fad dies out.
What is wrong with a fixed header?
Isn't it more convenient than scrolling back to the top of the page to access important links?
The only possible issue I can think of is if screen space is limited.