Quote from: Armis on March 08, 2014, 06:54:21 AM

Quote from: solid12345 on March 08, 2014, 06:34:55 AM

Quote from: jadehorse on March 08, 2014, 05:34:16 AM

As I see it until the whole situation about mtgox and satoshi are not determined the prices won't be stable and won't rise as well

I don't get this, "determined", people who were knee deep in Gox need to pull their head out of the sand and realize your coins are gone and are never coming back, move on, I know it is upsetting but it's not fair to drag the rest of the market down and everyone else's money too with endless speculations and worrying because they were foolish to use a known shady exchange as a crypto bank.

dude, you don't get it.

I have never invested a dime in mt gox, but I know that if the money isn't found or the system doesn't compensates for the protocol flaw that the whole system is useless.

Useless as in worthless!

It's not about 'it happened, pick yourself up and move-on' this is total destruction or total change. The system cannot scale in its present form, at this point the protocol is too insecure.

There is no meaningful security. What occurred to Mt Gox could happen to ANY exchange at anytime, how do you expect anyone to operate with that level of insecurity -- they don't and that is why volume is shrinking and system vendors are giving up left and right.

You realize that if someone had stolen cash from you it would be even harder, almost impossible, for the government to ever track it down for you? That's just the way it is. Some common sense tells people not to keep lots of cash in places thieves are known to have easy access to, like your pocket for example.

How about you just take these common sense steps to protect yourself.

1. Don't use a cloud wallet. Ever. Buy your BTC from Coinbase and withdraw it to your phone/PC immediately.

2. Don't give out your private keys. Ever.

3. Don't expect a bail out if you decide to risk violating rules 1 and 2 just because they're convient. Sorry, but your not to big to fail. Get the fuck over it.