Screenshot of Bitcoin Botnet



Andrey said:
https://www.youtube.com/watch?v=0UKC7iaBKvs
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I've seen this guy before. A classic minsinformer... Probably trying to short btc or something, all his facts are bogus.


Unarmed Gunman said:
The problem I see with Bitcoin, is the same problem you always see in bubbles - the smart people stop chasing the gold and start selling the shovels.
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That isn't bad for bitcoin though... Since the demand of people chasing gold is pretty much unlimited, more and more shovel salesmen only goes to help the system overall (by adding processing power) and make Bitcoin more widespread because it's safer.
 
charlesmartel said:
How long did it take to create the first 6 million coins?
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Looks like just over 2 years:

Total_bitcoins_over_time.png


There will be no more coins mined, ever, after the year 2033. Good thing they are divisible down to 0.00000001 bitcoins.



charlesmartel said:
And how many does Satoshi have?
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Zero from the onset. We know that because the code itself is open source, and all transactions are seen by all nodes.

Since Satoshi appears to be some British guy who really likes his privacy, no one knows if he ever bought some later or has bowed out completely... He left no way for himself to be identified, so if he ever does pop up and say "Hey, I'm Satoshi" then no one will believe him!"
 
xmcp123 said:
Got 2 of these coming, they're backordered to fuck. I'll be lucky to get it by the end of April.
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Dude, you've got balls.

Did BFL ever have any product before? What assurances did you have that BFL would put out anything at all?

(I was waiting for the 3rd batch of Avalons myself, I figure they'll ship before BFL does.)
 
lukep said:
Dude, you've got balls.

Did BFL ever have any product before? What assurances did you have that BFL would put out anything at all?

(I was waiting for the 3rd batch of Avalons myself, I figure they'll ship before BFL does.)
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Nope, BFL hasn't. I think of it like a KickStarter purchase. I acknowledge from the beginning that I may not get what I ordered, and only put in money that I could afford to lose without it hurting. If there wasn't any risk, there probably wouldn't be any reward. I didn't get the largest box or anything.

Edit: Looks like they've shipped product before actually: https://forums.butterflylabs.com/announcements/251-more-jalapeno-pictures-shipping-update.html
 
Hackers Pull Off $12,000 Bitcoin Heist | Wired Enterprise | Wired.com

A Bitcoin transaction services company says that hackers broke into one of its brokerage accounts last week, nabbing more than $12,000 worth of the digital currency.

That attack knocked Bitinstant offline over the weekend. The company says that while it lost Bitcoins, no customers were affected by the hack.

The criminals were able to take control of Bitinstant’s internet domains by convincing its domain registrar, Site5, to hand over control of the company’s Domain Name Service, or DNS. “Armed with knowledge of my place of birth and mother’s maiden name alone (both facts easy to locate on the public record) they convinced Site5 staff to add their email address to the account and make it the primary login,” the company said Monday in a blog post detailing the incident.

With control of the DNS, the bad guys also had control over Bitinstant’s email. They then did an online password reset at a Bitcoin exchange called VirWox and started emptying Bitinstant’s account. The total haul: $12,480.

The attack worked on the VirWox exchange because Bitinstant’s account didn’t have two-factor authentication. In other words, the criminals were able to empty out money with just a user name and password. “No other exchanges were affected,” Bitinstant wrote, saying that the other exchanges it uses were protected by such security precautions as multi-factor authentication, Yubikeys, and auto lockdowns.
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xmcp123 said:
I didn't get the largest box or anything.
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Ok I was gonna say... You quoted conjamuk saying you "had 2 of these coming" which was a link to the $30k 1500 gh/s machines. Anyway good luck I hope you get your units soon and they work as advertised, update us.
 
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