Bitcoins

Wasn't this basically one of the plot threads in Cryptonomicon?

that dream has come troo

Balance: 0.08853843 BTC

What machine are you mining on Latham, and how long since you started?

just using bitcoinplus.com for a few weeks

The user known as "allinvain" is a long-time contributor to the Bitcoin forums. He says he's been mining Bitcoins for over a year, and had amassed a fortune of 25,000 BTC. This was a modest sum a few months ago, when Bitcoins were worth pennies, but over the last two months the value of a Bitcoin skyrocketed to around $20, which means 25,000 BTC would have been worth half a million dollars. "I remember watching the price like a hawk," he wrote.

And then disaster struck. "I just woke up to see a very large chunk of my bitcoin balance gone," he wrote. "Needles [sic] to say I feel like I have lost faith in bitcoin." He speculated that a Windows security flaw may have allowed the culprit to gain access to his digital wallet. "I feel like killing myself now," he said.

wow the payout amount just went way down - good thing I was an early adopter!

Balance: 0.09034359 BTC

psyched for .01 party

.1 duh

BIT DIM EHEAVEN!!!!!!!

Not sure which quote is more depressing, tbh:

"Needles to say"

or

"I feel like killing myself now"

"I feel like killing myself now"

Are we sure this isn't Morrissey?

http://www.doobybrain.com/wp-content/uploads/2010/05/i-hate-myself-mug.jpg

Bitcoin value plummets as main exchange is hacked

Inside the Mega-Hack of Bitcoin: the Full Story

oh nooes!
still it sounds like it was the exchange that was hacked, not the actual cryptography of the bitcoin

love it

Yeah, although wasn't MtGox the only game in town for turning bitcoins into $?

Seems like a) nobody trusts it any longer and b) it's even easier than people feared to crash the value of bitcoins, especially with some early adopters out there holding huge sums.

I think the main usefulness of it will be not having to turn it into $

There are other exchange places for turning bitcoins into $, but none is as big as Mt GoX was. Also, this entire story is making me laugh so much because it made me realise that this currency was mainly being traded on what used to be a Magic: the Gathering exchange website (Magic:the Gathering online Xchange = Mt GoX).

always knew magic cards were going to be the eventual world currency

hope I can find my old shivan

http://hanlepedia.wikia.com/wiki/Bitcoins

There are other exchange places for turning bitcoins into $, but none is as big as Mt GoX was. Also, this entire story is making me laugh so much because it made me realise that this currency was mainly being traded on what used to be a Magic: the Gathering exchange website (Magic:the Gathering online Xchange = Mt GoX).

― Jibe, Tuesday, June 21, 2011 3:26 PM (1 minute ago) Bookmark Suggest Ban Permalink

this explains so much

Hanlepedia! An encyclopedia you can trust! :-)

lol, I was wondering what mt. gox meant.

I just thought it was a mountain

its the future of the internet

http://www.coolstuffinc.com/images/Products/mtg%20art/Fourth/Land%20Tax.jpg

^^^hacker probably looks like this

Somehow I doubt it ;)

god dammit

http://gatherer.wizards.com/Handlers/Image.ashx?multiverseid=1624&type=card

who took all the monopoly money!

http://www.screwthestatusquo.com/storage/post-images/letters/monopoly%20guy.gif?__SQUARESPACE_CACHEVERSION=1273091093189
Come to think of it, he kind of looks a lot like the 1u1z5ec guy

I always try to steal money when I play monopoly - wait until people look away then grab some 500$ s

I did that with my little brother all the time when I was a kid

but I would do it like one bill at a time

so he wouldn't notice until some point where I had 75% of the bank

cheating is more fun when it comes to board games

I loved stealing Monopoly money.

do you love bitcoins?

Sadly, no.

Is there a single reason why this thing is a good idea?

I think what needs to happen is for bitcoins to be backed by gold

how about gold being backed by bitcoins?

Chocolate gold coins?

we're back baby!

https://mtgox.com/trade/buy

http://news.bbc.co.uk/2/hi/programmes/click_online/9555513.stm

bitcoinplus now blocked by our firewall!

A couple months ago I wanted to sell flash drives filled with a "starter purse" of 35 "bitcoinz" (note the z!) on eBay. Bundle it with some phony .PDF about starting your exciting journey into the world of crypto currency!

there was a website giving away free bitcoisn for a while to get the "movement" going