241–250 of 553 posts
The big questions now, what does this mean for BTC prices and which exchanges can still be trusted? Perhaps a good time to invest after the inevitable collapse tomorrow.
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Yes, if I have any schadenfreude here it's not for him. It's for all of the people who smugly told us for years that Bitcoin is superior to our "legacy" fiat managed and regulated monetary system system in every way, and anyone who can't see that is an idiot.
Lots of people in the Bitcoin community have been saying for years to not touch MtGox with a ten foot pole.
It's really easy in all of this to pile a bunch of hatred on Mark Karpeles, but please, everybody remember that he is a human being, with real human emotions, and that those things really do hurt. -- MtGox was (past tense is probably appropriate here, but for the sake of anybody who had coins there, I hope not) a startup that failed spectacularly , and publicly, and took a TON of peoples' money with it. The transacti…
Yes, if I have any schadenfreude here it's not for him. It's for all of the people who smugly told us for years that Bitcoin is superior to our "legacy" fiat managed and regulated monetary system system in every way, and anyone who can't see that is an idiot.
How is it the bitcoin network's fault?
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What is the "black bar" treatment
When someone prominent in the hacking community dies HN puts a black bar at the top of the page as a memorial. It's not appropriate here. A human life and money are not comparable no matter how much money.
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Most people who've been around bitcointalk and bitcoin-otc know not to use MtGox since circa 2011 when their stunning incompetence was at it's height. Sadly there were plenty of media shill articles when Btc skyrocketed to $1,000 last year who were promoting them as the "Biggest Bitcoin exchange" without pointing people to relevant bitcointalk threads on what a nightmare that site has been over the years. If you read…
I've been around. What is bitcoin?, and who cares about whatever the hell 'Mount Gox' is?? Can we all get back to work on something meaningful to the future, family, or nature... someone we don't know about made up a currency, and some other company we also don't know about made up an 'exchange' of this 'currency' and now we still don't know what's going on and some 'bitcoins' are missing... the most it's all worth i…
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Plumbing my memory, I can add another: Brazil The cruzeiro was replaced by the "cruzeiro real" literally "real cruzeiro", as a hack to recover from poor fiscal policy resulting in hyperinflation. The cruzeiro real was then replaced by the 'real'. Imagine things getting so bad that the government decides to rebrand its old currency as 'fake'.
But that's another example of a currency collapsing as a result of external (political) pressures. This was something that Bitcoin did all by itself.
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I believe the proper honorific is to reference the highest office, so it's the Vice President Al Gore.
Ah, indeed. I always feel a little guilty about editing posts, so i'm going to let it stand. This one especially, because it's such a reddit joke. But yes, you are correct.
EDIT: Use correct honorific
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What is the "black bar" treatment
When someone prominent in the hacking community dies HN puts a black bar at the top of the page as a memorial. It's not appropriate here. A human life and money are not comparable no matter how much money.
Oh, Just wait a few days... =/
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Most people who've been around bitcointalk and bitcoin-otc know not to use MtGox since circa 2011 when their stunning incompetence was at it's height. Sadly there were plenty of media shill articles when Btc skyrocketed to $1,000 last year who were promoting them as the "Biggest Bitcoin exchange" without pointing people to relevant bitcointalk threads on what a nightmare that site has been over the years. If you read…
I've been around. What is bitcoin?, and who cares about whatever the hell 'Mount Gox' is?? Can we all get back to work on something meaningful to the future, family, or nature... someone we don't know about made up a currency, and some other company we also don't know about made up an 'exchange' of this 'currency' and now we still don't know what's going on and some 'bitcoins' are missing... the most it's all worth i…
Hello, downsides of unregulated currency. Some of the rules are there for a reason.
This is the very reason why Bitcoin needs to policed from a decentralized standpoint. I don't know much about the logistics of crypto-currencies but from my understanding there are public/private keys involved. It should be possible that one can blacklist their own bitcoin address by using the private key. This way at least crooks cannot make off or use the stolen coins. Do any more technical Bitcoin fanatics have an…