They hacked the server guys. Someone got peoples accounts and sold to $.01 so that they could take out $1000 worth of bitcoins (The limit you can take out in a day) at .01 aka 100000 Bitcoins. It is great that they can roll back, because that means all those people that got hacked get their money back.
MtGox != Bitcoin. You seem to be confusing the two entities as one. The security exploits of MtGox do not reflect on the Bitcoin network. MtGox "reversing" trades is not the same as reversing a Bitcoin transaction. Bitcoin transactions are non reversible. The only thing i seem to agree with you about is the vulnerability of your personal wallet.dat but expect the future version of the Bitcoin client to include new security features.
What is the conversion rate for Bitcoin? How many Bitcoins could I get if I exchanged all my Flooz?
revoltpuppy 8 months ago
TL;DW
awsczxfr 8 months ago
They hacked the server guys. Someone got peoples accounts and sold to $.01 so that they could take out $1000 worth of bitcoins (The limit you can take out in a day) at .01 aka 100000 Bitcoins. It is great that they can roll back, because that means all those people that got hacked get their money back.
frycicle 8 months ago
Why did he say it was good news? Freudian slip? Maybe he's part of it!!!!
DrKleiner 8 months ago
MtGox != Bitcoin. You seem to be confusing the two entities as one. The security exploits of MtGox do not reflect on the Bitcoin network. MtGox "reversing" trades is not the same as reversing a Bitcoin transaction. Bitcoin transactions are non reversible. The only thing i seem to agree with you about is the vulnerability of your personal wallet.dat but expect the future version of the Bitcoin client to include new security features.
cspitteler 8 months ago 3
A good indicator of how much of a role social media will play in his campaign will be determined by his first food tweet.
Ibuythedrugs 8 months ago
Great Show!
GNews10 8 months ago