31–40 of 145 posts
Earlier quoted context omitted.
use coin2pal.info. I have used their service a few times and it is working. Slow but reliable process.
Who runs this exactly? What are the chances you get paid with a stolen PayPal account?
I remember trying to buy some BTC on MtGox for fun, the last time the price crashed. What an unspeakably horrible service. I thought I was in for hundreds of dollars over budget, but it turns out that not a single BTC was purchased at all. I only intended to buy ~$50 worth, so I would only have earnt something like $200, but for the love of everything, stay the hell away from MtGox. It's insane how unprofessional the…
I find that many companies related to Bitcoin are extremely unprofessional and they still run their businesses like 3 years ago when Bitcoin was just an internet novelty and not a real currency the way it is today. Just look at the latest Blockchain fiasco where the guy who runs the company got butthurt over some Reddit comments and got involved in a flame war. MtGox's lack of professionalism is just the tip of the i…
Well now it must definitely be too late to invest. Don't even think about it guys. It's a ponzi scheme slash not real money slash libertarian wet dream. I'd rather trust helicopter Ben with my savings than some obscure open source software that eats 10Gb of my disk space.
It's not a ponzi scheme by definition, and you don't need to have a copy of the block chain on your harddrive.
What happens to the price when only people with 500Ghash/sec+ can make coins next month? Early adopters are rightfully getting a nice reward now, but how do you get "fresh blood" when the difficulty is off the chart unless you have several thousand dollars in hardware?
What happens to the price when only people with 500Ghash/sec+ can make coins next month? Early adopters are rightfully getting a nice reward now, but how do you get "fresh blood" when the difficulty is off the chart unless you have several thousand dollars in hardware?
What do you even mean? That's what pools are for. You can make bitcoins even with a shitty CPU (but will probably spend more on electricity).
Correct me if I'm wrong, but isn't it impossible to withdraw USD from MtGox at this point? How can this be a viable source of BTC->USD comparison when the only thing you can do with a USD balance on MtG is buy?
I'm really glad I wasn't able to figure out how to short bitcoin right after the Silk Road takedown; I would have gone broke.
Correct me if I'm wrong, but isn't it impossible to withdraw USD from MtGox at this point? How can this be a viable source of BTC->USD comparison when the only thing you can do with a USD balance on MtG is buy?
It's not impossible, but it is difficult. However - it's much easier to withdraw in Japanese and Chinese currencies. BTCChina is pretty close to GoxUSD.
What happens to the price when only people with 500Ghash/sec+ can make coins next month? Early adopters are rightfully getting a nice reward now, but how do you get "fresh blood" when the difficulty is off the chart unless you have several thousand dollars in hardware?