How do you know it wasn't the GLBSE database that was compromised? Or some third party website? No offence Nefario but you're really jumping to conclusions here

Newbie bitcoinica question here:

If i'm sitting on a short position in bitcoinica, and i want to liquidate at a certain price, which bitcoin has not fallen to yet, is there a way to set this up in advance? For example, say i want bitcoinica to auto liquidate me if bitcoin falls to $4.50. Is this just the same as a limit buy at $4.50?

Have to disagree with this proposal. If you start labeling people as potential scammers, you actually INCREASE the chances of them scamming people. You cause a self fulfilling prophecy. Consider the case of Occulta. Occulta appeared on bitcointalk late last year offering something that many people deemed too good to be true - amazon codes at 80% of their cost price. Occulta has since proven himself reliable and trustworthy - and i do not mean to question his honor here. But his case illustrates my point.  Lets assume that not long after Occulta first appeared on these forums, he sells someone a $1000 code that for some reason doesn't work, and is then given the potential scammer tag. Lets also assume Occulta is midway through several other transactions, so that he is currently holding another $5000 which he has not yet sent the codes for. In this scenario, by giving Occulta the potential scammer tag, you severely reduce his incentive to follow through on the other transactions. When the bitcointalk lynch mob goes after him upon seeing the potential scammer tag - he may decide it is easier to just walk away with his bitcoins - then attempt to convince the mob of his innocence.

IMO the creation of a potential scammer tag would be a worrying development for these forums.   The opinion of forum mods on whether someone is a scammer or not is very influential - particularly for junior forum members. As a result, forum mods have a responsibility not to exercise this power in such a way that it actively hurts legitimate members - such as by issuing premature scam warnings.

How do you know they were purchased with stolen credit cards? If you are assuming they were purchased with stolen credit cards based on the fact that the codes were worth $0, have you at least spoken to newdude about getting a replacement/refund prior to calling him a 'fucking goof fuck'?

Meni can you create a negative MPEx bond instead? That is, a bond allowing us to short the continued existence of MPEx. I would invest heavily in such a bond

I look forward to trying this out

if bitcoin-otc counts as a decentralized exchange (not sure about this), then what we really need is an easy-to-use decentralized exchange

I'll take two!

I agree. I will stay away from intersango now that this person with 2 posts has called them scammers

I guess it depends on the country, but i'm pretty sure iceland and norway have stable power. Although there is the occasional volcanic eruption in iceland to make things interesting

nice 2 litecoins! thanks

English is widely spoken as a second language in both norway and iceland

So the suggestions are kazakstan, cuba, mexico, ukraine, norway, iceland. That's interesting, because only two of those are in the wikipedia page on electricity pricing:

http://en.wikipedia.org/wiki/Electricity_pricing#Price_comparison

Out of these, iceland and norway seem the most suitable for westerners interested in bitcoin mining when you consider safety and language barriers.

you have 4 posts...good luck getting a loan

Hello everyone, looking forward to getting involved in bitcoins and trading a few satoshis here and there

This could end up being the longest thread in bitcointalk

I am wondering which countries in the world have the cheapest electricity, and would thus be ideal for mining bitcoins.

I am from Australia, and I can tell you that we have some of the most overpriced electricity in the world, meaning I will probably need to go overseas if i want to mine competitively.

You should add www.betsofbitco.in to the gambling section. I highly recommend it

At the risk of being called gay, i'm posting here anyway

Woo i win. I'm going to hold on to my winnings until that 0.01btc is worth 1 million USD