smtddr

72 ms·

1. 601.▲
   by smtddr 13y ago

   >> hindsight I'm only making this comment because you used the term "hindsight". Let me first start off by saying I feel very, very sorry for all the people who lost funds in MtGox. It'll take awhile before you g
2. 602.▲
   by smtddr 13y ago

   I disagree with you... but we'll see how it plays out with MtGox. In the eyes of the law, I don't think bitcoin is your property anymore than buying a special weapon on Eve Online with fiat-money is your legal property. Maybe it s
3. 603.▲
   by smtddr 13y ago

   >>What's to stop most bad behavior... the law No... what stops most bad behavior is _consequences_ . The law applies to everyone, but the consequences for breaking them don't. We will see what(if any) consequences are pla
4. 604.▲
   by smtddr 13y ago

   Here are my reasons: - They are in SF so I can walk/bike/bus to their office; for whatever good that does me. Didn't do that one dude any good going to MtGox's Japan office. =/ - They are YC backed, so that means pg
5. 605.▲
   by smtddr 13y ago

   Well, ya know the saying "It takes a village to raise a child." . That same mindset assumes the entire village is the family. So if you grow up in that world, you don't want to disappoint that community. >>If you&#x27
6. 606.▲
   by smtddr 13y ago

   I'm going to try to explain this; but words really won't do it justice. I cannot convey the strength of "cultural bonds" with text on a computer screen. As someone from a Nigerian family, we too normally have very strong
7. 607.▲
   by smtddr 13y ago

   Oh, so THAT's what all that was about! What wondering why all the RSA backpacks & badges were floating about. I walked past that chevy's today; they gave me this: http://i.imgur.com/7gEk58c.png
8. 608.▲
   by smtddr 13y ago

   Easier said that done apparently... http://www.ronpaulforums.com/showthread.php?148961-Any-Full-... I'm having trouble understanding how such a bank would be profitable; assuming banks need to be profitable to justify
9. 609.▲
   by smtddr 13y ago

   Sure I could do that. That's how I ended up with a Honda Civic. I can also ask my friends if they like Bank Of America or CitiBank or whatever; but to truly understand the health of a bank... I'd need a degree or something.
10. 610.▲
    by smtddr 13y ago

    This just tells me that some very importand and/or well-connected people lost significantly because of MtGox. At this rate, maybe this prediction[1] will actually come to pass. 1. http://www.businessinsider.com/williams
11. 611.▲
    by smtddr 13y ago

    There is no way I have enough time in my life to fully understand how the banking system works to judge their worth. And I suspect those in power prefer that the masses don't have that understanding either. I barely understand how my H
12. 612.▲
    by smtddr 13y ago

    Same here! Once they called the frontdesk and left a message for me to get back to them(cuz I have no work number). They also called the frontdesk for a coworker and lied that they were someone that played tennis with him months ago. When t
13. 613.▲
    by smtddr 13y ago

    In America healthcare is a serious, for-profit business! Heaven forbid that bluecross(I'm assuming) loses revenue to Watsi.
14. 614.▲
    by smtddr 13y ago

    If anyone has 38mins to burn... http://techcrunch.com/2013/12/17/foundation-brian-armstrong-... A Google Ventures video about coinbase security with Kevin Rose(from old Digg) asking a bunch of questions with
15. 615.▲
    by smtddr 13y ago

    >>I was part of the team helping to coordinate between the other exchanges to ensure that they could quickly resume operations which they did no more than 48 hours later. Some exchanges were in fact completely unaffected, revealing a
16. 616.▲
    by smtddr 13y ago

    I stand corrected. :)
17. 617.▲
    by smtddr 13y ago

    Just random people begging for money; trying their luck. https://blockchain.info/wallet/website-faq Scroll to the very bottom.
18. 618.▲
    by smtddr 13y ago

    You cannot[1] track thieves through the blockchain like this. If you're going to catch any alleged MtGox thieves, they need to make some other mistake outside of bitcoin-world. Like a leaked email, or telling a friend who then goes l
19. 619.▲
    by smtddr 13y ago

    So... for those that might not know how to read the blockchain.info site, this isn't 782,000 BTC moved today. That's the total amount the address has ever been exposed to, ever. As you scroll down you'll see red arrows and gr
20. 620.▲
    by smtddr 13y ago

    >>It's not appropriate here. A human life and money are not comparable no matter how much money. Oh, Just wait a few days... =/
21. 621.▲
    by smtddr 13y ago

    You are not suppose to trust any exchange to large sums of coins. You buy, you transfer out immediately.
22. 622.▲
    by smtddr 13y ago

    I'm sorry this didn't work out. I want to hope that they'll at least try to pay people back, but I can't bring myself to believe there's any funds to fill what they've lost.
23. 623.▲
    by smtddr 13y ago

    I planned to and actually tried today, but... https://news.ycombinator.com/item?id=7294217 Coinbase.com ran out of coins to sell. I gotta wait until Friday and hope the price is still sub 500. EDIT: Whoa! Coinbase.com allow
24. 624.▲
    by smtddr 13y ago

    Yup, articles showing up online. http://www.businessinsider.com/reports-mtgox-halts-all-tradi... http://www.reddit.com/r/Bitcoin/comments/1yuopj/trading_disa...
25. 625.▲
    by smtddr 13y ago

    When you have coins on an online exchange, it's not as if those coins literally sit there untouched. Your balance is just a number in a database. Similarly, if you deposit $100 USD(5 physical 20 dollar bills) in a bank those physical b
26. 626.▲
    by smtddr 13y ago

    Waaayyyyy too dramatic to be real; even for MtGox. Not that I think MtGox is coming back. I'm only interested in how(there's no "if" anymore) they shutdown. Will they be able to make everyone whole again. Now, if this is
27. 627.▲
    by smtddr 13y ago

    This reads like a tabloid. It may or may not be true, but this writing style is very panic-inducing. I don't recommend people take any[1] kind of action based on info received in this manner. ______ 1. I say this, but if this makes mor
28. 628.▲
    by smtddr 13y ago

    MtGox isn't exactly FDIC(or whatever Japan's equiv) insured. What are you going to sue for? Who told you it was okay to buy these digital coins? I love Bitcoin, but I'm not denying the fact that it's essentially gambling
29. 629.▲
    by smtddr 13y ago

    It's not "He"(Mark) anymore. Article has since been updated, it's MtGox as a whole that resigned.
30. 630.▲
    by smtddr 13y ago

    Just FYI to everyone that doesn't follow the bitcoin soap opera closely, Charlie Shrem has his own problems. http://www.theverge.com/2014/1/28/5354328/charlie-shrem-resi...