Did you guys hear about Bitcoins and buying drugs online?

OvenmittClock · June 15, 2011, 12:39:03 PM

lol I just transferred 20 euros to my bank account from selling 1.6 bitcoins.

DigitalLemonClock · June 15, 2011, 01:05:06 PM

Quote from: clammo;1827342also yep i called this
http://buttcoin.org/mt-gox-other-bitcoin-exchange-sites-hacked

lol

gotta mention tho, that even if exchange sites like that do get hacked, the backbone of the infrastructure has much better protection in the sense that to falsify a block you would need more processing power than the rest of the block-generating bitcoin community combined

would be interesting if a botnet or something actually attempted it

Slurpee · June 15, 2011, 01:48:15 PM

Quote from: OvenmittClock;1827348lol I just transferred 20 euros to my bank account from selling 1.6 bitcoins.

this is

I feel like a million people are just going to do basically this

with so much focus on the exchange rate it's being treated more like a commodity than a currency

WiiClock · June 15, 2011, 01:50:08 PM

Quote from: Slurpee;1827364this is

I feel like a million people are just going to do basically this

with so much focus on the exchange rate it's being treated more like a commodity than a currency

People mining selling to the people trying to invest and get rich. Also yeah, the exchange rate is very important. It's been at $20 for a while now.

OvenmittClock · June 15, 2011, 01:51:22 PM

I don't see a problem with that. The commodity part I mean.
Also, now I have enough money for some weed.

WiiClock · June 15, 2011, 01:54:39 PM

Quote from: OvenmittClock;1827368I don't see a problem with that. The commodity part I mean.
Also, now I have enough money for some weed.

Congrats. I wish transferring Bitcoins to USD wasn't such a hassle or else I'd do it right now.

OvenmittClock · June 15, 2011, 02:02:12 PM

Quote from: @joeydaioh;1827370Congrats. I wish transferring Bitcoins to USD wasn't such a hassle or else I'd do it right now.

Get a Swiss bank account haha

DigitalLemonClock · June 15, 2011, 02:09:34 PM

gimme a bitcoin and ill tell you the wu tang secret

buttplug · June 15, 2011, 04:30:42 PM

Still don;t even have half a goddam bitcoin since I have an Nvidia GPU.

WiiClock · June 16, 2011, 06:56:34 AM

Silk Road has been down for almost 24 hours now. I think the Senators targeting it may have won. Sadly, I still had like $3 in my account there, so that is great.

In other news, there are a lot more people mining now, so the difficulty has skyrocketed.

buttplug · June 16, 2011, 08:26:17 AM

Quote from: @joeydaioh;1827534Silk Road has been down for almost 24 hours now. I think the Senators targeting it may have won. Sadly, I still had like $3 in my account there, so that is great.

In other news, there are a lot more people mining now, so the difficulty has skyrocketed.

Silk Road would just move to a different place. The government can't actually do anything about it, they are just saying they will do something to make the voter base happy.

Roman Collar Clock · June 16, 2011, 09:24:21 PM

The Silk Road's down because they're doing maintenance. I don't think anybody tried to shut them down.

buttplug · June 18, 2011, 10:38:53 PM

What would you guys recommend for purchasing a small amount of bitcoin?

buttplug · June 19, 2011, 04:59:48 PM

If any of you guys have 1.5 bitcoin, pm me plz.

OvenmittClock · June 19, 2011, 05:38:12 PM

Lolbitcoincrash

Quote from: Mt. GoxThe bitcoin will be back to around 17.5$/BTC after we rollback all trades that have happened after the huge Bitcoin sale that happened on June 20th near 3:00am (JST).

One account with a lot of coins was compromised and whoever stole it (using a HK based IP to login) first sold all the coins in there, to buy those again just after, and then tried to withdraw the coins. The $1000/day withdraw limit was active for this account and the hacker could only get out with $1000 worth of coins.

Apart from this no account was compromised, and nothing was lost. Due to the large impact this had on the Bitcoin market, we will rollback every trade which happened since the big sale, and ensure this account is secure before opening access again.

UPDATE REGARDING LEAKED ACCOUNT INFORMATIONS

We will address this issue too and prevent logins from each users. Leaked information includes username, email and hashed password, which does not allow anyone to get to the actual password, should it be complex enough. If you used a simple password you will not be able to login on Mt.Gox until you change your password to something more secure. If you used the same password on different places, it is recommended to change it as soon as possible.

SERVICE RETURN

Service will not be back before June 20th 11:00am (JST, 02:00am GMT). This may be delayed depending on what is found during the investigation.

News:

Did you guys hear about Bitcoins and buying drugs online?