Author

Topic: NEW MTGOX EVERYDAY (Read 1401 times)

full member
Activity: 127
Merit: 100
March 04, 2014, 03:25:05 AM
#15
..... And yet it continues http://flexcoin.com

sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
March 04, 2014, 03:08:26 AM
#14
Maybe there is some help for people after all - for those who lost over 100 bitcoins...

http://www.gox.com-0215200012118.com/?lang=en&index=true


Holy shit nearly fell for that

well air conditioned room rofl
legendary
Activity: 1204
Merit: 1002
March 04, 2014, 02:38:43 AM
#13
One thing that works is close to what Coinbase does - don't keep the money, deposit it into the customer's bank account daily.
We need exchanges you only trust for a few hours. Every day, the exchange should move all your funds to a real bank account, and send all your Bitcoins to your wallet.
full member
Activity: 127
Merit: 100
March 04, 2014, 01:31:30 AM
#12
So does mass adoption require high street banks and post offices to get involved? People trust banks ... Maybe not a lot but probably more than current exchanges.

full member
Activity: 146
Merit: 100
March 03, 2014, 06:31:54 PM
#11
trust the next generation of exchanges would be a first good step (like circle or coinbase).

Until when?

In two years time we could all be saying we've been bitstamped or taken up the kraken. You can't trust any of them. They are no better than the banks. Every time you send your $ to an exchange or your BTC you take a risk.

Yes maybe the code is better, but how do we know the people operating them are honest? We don't.


one day this may happen to bitstamp to..
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 03, 2014, 06:06:34 PM
#10
It's true exchanges the cancer for bitcoins.


So what do you propose, exactly? Ban all exchanges? Force every bitcoiner to put all of their coins in permanent cold storage? How will that help widespread Bitcoin adoption? How will that facilitate trade? How will that help the price go "to the moon"? Wasn't Bitcoin supposed to be "the money of the internet"?

How safe is cold storage anyway, seeing as Gox managed to lose 850k BTC that way?
about gox we still don't know IF there even was a 'cold storage'..

Yes, what was described was not a 'cold storage'
full member
Activity: 211
Merit: 101
March 03, 2014, 06:04:18 PM
#9
about gox we still don't know IF there even was a 'cold storage'..

Forget about cold storage, how about a line of code that read "if owed_bitcoins > total_bitcoins then goto proc shut_it_down"...

full member
Activity: 127
Merit: 100
March 03, 2014, 05:50:12 PM
#8
trust the next generation of exchanges would be a first good step (like circle or coinbase).

Until when?

In two years time we could all be saying we've been bitstamped or taken up the kraken. You can't trust any of them. They are no better than the banks. Every time you send your $ to an exchange or your BTC you take a risk.

Yes maybe the code is better, but how do we know the people operating them are honest? We don't.

full member
Activity: 146
Merit: 100
March 03, 2014, 05:43:29 PM
#7
It's true exchanges the cancer for bitcoins.


So what do you propose, exactly? Ban all exchanges? Force every bitcoiner to put all of their coins in permanent cold storage? How will that help widespread Bitcoin adoption? How will that facilitate trade? How will that help the price go "to the moon"? Wasn't Bitcoin supposed to be "the money of the internet"?

How safe is cold storage anyway, seeing as Gox managed to lose 850k BTC that way?
about gox we still don't know IF there even was a 'cold storage'..
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
March 03, 2014, 05:13:45 PM
#6
trust the next generation of exchanges would be a first good step (like circle or coinbase).
legendary
Activity: 2674
Merit: 2965
Terminated.
March 03, 2014, 04:56:48 PM
#5
Don't risk it, and stay with Bitstamp.
sr. member
Activity: 476
Merit: 250
March 03, 2014, 04:49:05 PM
#4
It's true exchanges the cancer for bitcoins.


So what do you propose, exactly? Ban all exchanges? Force every bitcoiner to put all of their coins in permanent cold storage? How will that help widespread Bitcoin adoption? How will that facilitate trade? How will that help the price go "to the moon"? Wasn't Bitcoin supposed to be "the money of the internet"?

How safe is cold storage anyway, seeing as Gox managed to lose 850k BTC that way?
hero member
Activity: 812
Merit: 500
March 03, 2014, 04:46:14 PM
#3
Its true, who can be trusted in the Bitcoin world?

Its ironic that Bitcoin is based on being able to trade with people you don't need to trust yet to get Bitcoin you need to trust someone unless you mine. However you cant trust the mining hardware manufacturers.

For BTC to really useful to 'Joe public' there has to be a trusted familiar way to obtain BTC. I hate to say this but I think being able to get BTC from your local bank would work! Sad

Who ?

Me of course.

Send you BTC this way !
full member
Activity: 127
Merit: 100
March 03, 2014, 04:37:39 PM
#2
Its true, who can be trusted in the Bitcoin world?

Its ironic that Bitcoin is based on being able to trade with people you don't need to trust yet to get Bitcoin you need to trust someone unless you mine. However you cant trust the mining hardware manufacturers.

For BTC to really useful to 'Joe public' there has to be a trusted familiar way to obtain BTC. I hate to say this but I think being able to get BTC from your local bank would work! Sad
hero member
Activity: 714
Merit: 500
NEED CRYPTO CODER? COIN DEVELOPER? PM US FOR HELP!
March 03, 2014, 04:25:26 PM
#1
I have noticed that after this whole mtgox would prefer calling them 'empty cocks'  Angry  mess there are new trading/exchanges websites popping up on everyday basis. Iam an active member of this forum and have noticed in the past few days almost 2-5 new exchanges/trading websites coming up everyday. I guess there is no point of wasting your money on domain guys cuz after gox incident people are more finicky and scared to throw a single penny on this newcomers. But the point is if gox being the most trustworthy can do such 'robbery' i would say, then i guess its pretty impossible to trust any trading/exchange site in the market.It's true exchanges the cancer for bitcoins.
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