Bitcoin / Bitcoins / Crypto Currency

Nice entry point
Hope you've got them covered in the prenup..

Fuck a prenup. This bitch is going places and I want more than my fair share if it all goes tits up. :D

Wedding is off. I blew all our money on bitcoins ;)

Through the floor today...

a buying opportunity surely !!

is it me or does there appear to be a wide range of prices quoted by a variety of different sources on the price of bit coins
arbitrage opportunities between the various bitcoin brokers ?

localbitcoins sellers have just closed shop today. Asking prices are over £100 per BTC above value.

I have a suspicion that lots of people have mistaken the transaction maleability issue for double spending. Lots of smallholders are selling up. I just cleared out a bloke of all £100 of his bitcoins...he was panic selling.

That said, I'm out. I'm sitting on my eggs until they hatch now.

http://www.cryptocoinsnews.com/2014/02/10/mt-gox-blames-bitcoin-core-developer-greg-maxwell-responds/

Nothing new here
http://www.ft.com/cms/s/0/788ec78e-9244-11e3-9e43-00144feab7de.html#axzz2sx12hTVZ

Glad Mt Gox is gone.. it was being treated like a central bank of bitcoin.
The whole point of cryptocurrency is decentralisation.
I'm buying.. if stonehedge has proved nothing else its that women dig men with bitcoin.

a buying opportunity surely !!

is it me or does there appear to be a wide range of prices quoted by a variety of different sources on the price of bit coins
arbitrage opportunities between the various bitcoin brokers ?

Someone wrote a good article about the difficulty of bitcoin arbitrage - basically the transaction costs are too high to make it possible it seems.

had a few weird payments into my bitcoin wallet at blockchain this morning.

both were for 0.00000001BTC
txid's seem to have been modified to include text in the beginning (1Enjoy,1Sochi)

could it be an exercise in trying to figure out valid wallet addresses sort of like a port scan in prep for a second hack attempt using another flaw?

only have .25BTC in the wallet at the moment but wondering if perhaps I should move it to somewhere else to protect it just in case.

one of them came from here...

https://blockchain.info/address/1SochiWwFFySPjQoi2biVftXn8NRPCSQC

I don't understand why the UK price for bitcoin is so much higher than mtgox

UK Average £ 459.17
Mt.Gox ask £ 362.08

How can I buy direct from Mt Gox?

had a few weird payments into my bitcoin wallet at blockchain this morning.

both were for 0.00000001BTC
txid's seem to have been modified to include text in the beginning (1Enjoy,1Sochi)

could it be an exercise in trying to figure out valid wallet addresses sort of like a port scan in prep for a second hack attempt using another flaw?

only have .25BTC in the wallet at the moment but wondering if perhaps I should move it to somewhere else to protect it just in case.

I got the same earlier.

I don't understand why the UK price for bitcoin is so much higher than mtgox

UK Average £ 459.17
Mt.Gox ask £ 362.08

How can I buy direct from Mt Gox?

There have been suggestions in the last few days that MT Gox have deliberately created a spread to their advantage. No evidence though.

I don't think you can buy directly from them. I wouldn't trust them with a transaction at the moment anyway. The net is full of stories of people losing money when dealing with MTGox.

I'm still confused..
Surely their whole business was from the buying and selling of bitcoin?
If you own bitcoin stored in mtgox right now.. how do you sell it?

its £100 cheaper, i'd risk it for quick smash and grab

are quotes on the exchanges shown ?

If you own bitcoin stored in mtgox right now.. how do you sell it?

Several problems:

1) If you have coins in a mtgox wallet right now, it is currently not possible to withdraw them.

2) Like many platforms you need to prove your identity before trading. Some people have been waiting several weeks to have their documents verified and are still waiting and not having support calls answered.

so two possible outcomes.

mt gox don't fix the problem and lock down the site forever = bitcoin values plummet.

mt gox do fix the problem and open up the site = sellers flood the market to move exchanges and bitcoin values plummet.

Can't see any reason to buy from localbitcoin dealers at their current price.

those are not the only options

http://www.zerohedge.com/news/2014-02-11/another-bitcoin-flash-crash-imminent-second-major-exchange-follows-mtgox-suspending-

im glad I dont own any bitcoin..
http://blog.bitbargain.com/post/76337403346/bitcoin-malleability-issue

Ooops.

On a subjectively related note, this may be interesting to those interested in bitcoins: http://www.npr.org/blogs/money/2014/02/05/272113082/episode-515-a-bet-over-bitcoin

im glad I dont own any bitcoin..
http://blog.bitbargain.com/post/76337403346/bitcoin-malleability-issue

It was a problem with exchange code, not bitcoin. And it's already being fixed. Calm down everyone.

In other news, I bought a fiver's worth of Dogecoin. It's just too funny not to.

Well thats a relief.. its not bitcoin itself only the method exchanges use to record how many are held in your wallet.

It turns out that this issue is indeed affecting everyone. Mt.Gox and BTC-e have disabled withdrawals, Bitstamp is considering it, Localbitcoins is considering it, Bittylicious is considering it. We are in contact with each other as well as the developers of Bitcoin.

No it's not. The issue has been well known for some time now. It's to do with being able to withdraw money, change the ID of the transaction and then claim it never happened. It's a non-issue, or will be very soon.