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Showing 20 of 71 results by technocoma
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Board Tokens (Altcoins)
Re: EXCHANGE 🔷 | 🔷 Ethereum Cash 🔷 | 🔷 THE FUTURE OF ETHER 🔷 COINMARKETCAP 🔷 | 🔷
by
technocoma
on 17/10/2017, 21:03:18 UTC
LOL good PR making a small airdrop
Anyways I got in Wink
Everyone who missed out is salty and calling it a scam.
Nice.
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Topic
Board Bitcoin Discussion
Re: What makes a whale?
by
technocoma
on 16/02/2014, 01:02:53 UTC
Guess it is all relative, but generally 1000's. Anyone that is able to move / influence the market with just their coins / funds I guess is a whale.
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Board Bitcoin Discussion
Re: MUST WATCH: Account Holder Flies To Japan And Confronts MtGox CEO
by
technocoma
on 16/02/2014, 00:47:24 UTC
This is true, but every level of gox has had issues in as long as I can remember. Withdrawals taking months, setting dates for implementing new features / trade engine and missing them over and over again. Generally unable to communicate with there customers. Money seized. Taking 3 times longer than every other exchange to fix the same issue. It seems there is problems at all parts of gox surely the CEO has to have some say in all these issues and he can't even handle one customer outside his office that wants to have a conversation about his money in a decent way instead just tries to ignore him.

I agree with you on lot of the above (withdrawals, shitty engine, poor communication, etc.) with two exceptions:

- money was not seized, but stolen (by mafia called US gov) - an individual (Mark) can do very little when attacked by bureaucrats; it is my understanding that he is repaying the damage out of his personal / business pocket to those who were affected
- he was not handling a customer, but he handled a stalker / jocker - he did it nicely and politely.

I'm not sure why the money was seized I know governments can get a bit happy on the seizing but I just put it down to another mistake in not having the correct things in place - but fair enough.

This is true that he wasn't handling a customer but he had been there for 2 days trying to talk to someone having flown across the world because he couldn't get any response from support. The fact he did that must mean he has a rather large amount of money on the line, if Mark, or I, or you where in his shoes how would we want to get treated? He could of easily taken a few minutes to take the guy inside and talk things over (away from camera).

I'm sure there may be better ways to handle it but i'm sure if we had a large % of our wealth on the line and were getting ignored we might not act quite as well as we would like.
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Topic
Board Service Discussion
Re: Fatso Mark Karpeles can't answer this simple question from a customer
by
technocoma
on 16/02/2014, 00:37:37 UTC
The way I see it is, if they haven't lost anyone's funds it should of been made clear in the first announcement. It shouldn't of taken someone flying to Japan from London and dogging the CEO out side there offices to even try to get a response to a simple question.

Even if funds have been lost they must of worked it out days ago and should of made an announcement. I think there's a high chance all the bitcoin's are accounted for I just don't understand if this is the case why they haven't gone out of there way from the very beginning to make this clear and there wouldn't of been a need for people to fly across the world to try and get answers.

Even if they have lost funds it could of been handled so much better, total cluster fuck I just feel sorry for the guys with real life changing amounts stuck.
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Topic
Board Bitcoin Discussion
Re: MUST WATCH: Account Holder Flies To Japan And Confronts MtGox CEO
by
technocoma
on 15/02/2014, 19:23:04 UTC
Whatever is wrong with him I think its pretty clear he shouldn't be a CEO.

Criricizing is cheap and easy.

This is true, but every level of gox has had issues in as long as I can remember. Withdrawals taking months, setting dates for implementing new features / trade engine and missing them over and over again. Generally unable to communicate with there customers. Money seized. Taking 3 times longer than every other exchange to fix the same issue. It seems there is problems at all parts of gox surely the CEO has to have some say in all these issues and he can't even handle one customer outside his office that wants to have a conversation about his money in a decent way instead just tries to ignore him.
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Topic
Board Service Discussion
Re: Fatso Mark Karpeles can't answer this simple question from a customer
by
technocoma
on 15/02/2014, 19:11:40 UTC

i was wondering the same thing but then i thought about it.... the question of have you got everyone's bitcoins in no longer personal to the guy asking for his own bitcoins.  i think karpeles just switches off because its no longer personal & more what a reporter would ask. 

the guy should have just kept asking for his own bitcoins

Surely they know if they have lost funds or not tho. Going to have to tell people at some point either way and just seems like they are doing it in a way to piss people off whatever the out come is good or bad.
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Topic
Board Speculation
Re: Do you see the price of BTC above $5000 by the end of 2014?
by
technocoma
on 15/02/2014, 18:59:46 UTC
Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.

Wouldn't be bitcoin if we didn't have a roller coaster of a graph Smiley
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Topic
Board Speculation
Re: I AM HODLING
by
technocoma
on 15/02/2014, 18:57:48 UTC
If BTC falls we all fall miners, hackers, speculators, hodlers.

But it won't. It went one time to $3 and then up to $1000.

BTC is eventually doomed & will return to 0, but not yet.

Holding is still a gamble (if you ever bought any), you might be asleep when the real crash comes & you wont know until after it has happened.

Other alts will live on, so I hodl those & just keep a few small parts of a btc, hedging reduces risk.

I can't see how bitcoin could fail letting altcoins live on or even prosper. The day bitcoin dies, all alts will die with it (or will have died long before).

I agree, but I also believe that in the future we will start seeing alt coins that are actually a lot different to bitcoin, there's far to many alts now and they are all the same so if anyone creating one that they want to get anywhere rather than a pump & dump. So I hope that we have enough difference in cyptro currencies that issues in one coin won't be present in some alts. I also think alts are a good testing ground. If there's ever an issue with part of the protocol and an alt has been working perfectly with it a different way then we have a proven way that works to change too. The more ways we try things the more likely we are to get it working as needed with as little problems as possible.
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Topic
Board Service Discussion
Re: Fatso Mark Karpeles can't answer this simple question from a customer
by
technocoma
on 15/02/2014, 18:47:39 UTC
He knew that any response would go viral, just like the video had already done so. I think its a good sign that he is still actually showing up to work. If he were planning to keep everyone's btc, theres a good chance he'd be long gone by now. Probably to a place with no extradition, or maybe even Russia where bitcoins are now banned.  I admit the signs don't look good at all. I was just thinking, that if they had a liquidity problem, they could now purchase btc from their own exchange and cash it out elsewhere and get some cash on hand.

The main thing that gets me is, if the bitcoin's are safe they should be telling everyone that they are safe. If they have lost funds then instead of making silly announcements saying everything should be fixed by Monday, they need to bite the bullet and tell everyone. People just want answers to the simple question which either way should be a simple answer and should have already been answered many times. Just getting ignored and fed what they want to tell you rather than answering the most basic of questions.

At the end of the day, all companies will have a bad time at some point and if they are open and honest with everything that's going on then everything is a lot smoother on both sides and once the issues are solved everyone comes out happier and had an idea of what was going on.
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Topic
Board Service Discussion
Re: Fatso Mark Karpeles can't answer this simple question from a customer
by
technocoma
on 15/02/2014, 18:40:52 UTC
I wouldn't of quite put it the way you have, but I think its damn right unprofessional for any CEO to just out right ignore a customer that's traveled 12 hours because he was unable to get any help from your support and has so little faith in your company because of the piss poor PR. I would be embarrassed and go out of my way to try and resolve the situation or at least make an effort to explain.  These people that have made trips across the world to go there must have a big chunk of money stuck and instead of him taking 5 minutes out of his day and take them inside and explain the situation. Its not like he was mopped by hundreds of people. This might help put the guys mind at ease that he might get his coins back instead he just refuses to even answer the question regarding if everyone's bitcoins were safe. Which they haven't claimed anywhere that anything is lost, so if that's the case you would be expecting them to be shouting that fact as its the most important thing. So either funds have been lost and that's why he wouldn't answer, they are so incompetent they have no idea if they have lost any funds yet or he just didn't give a shit and couldn't take 5 minutes to try put one of his customers at ease.

Either way I hope its the end of gox but just like BFL are some how still around it wouldn't surprise me if people carry on using it (if they actually release funds).
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Topic
Board Speculation
Re: Do you see the price of BTC above $5000 by the end of 2014?
by
technocoma
on 15/02/2014, 18:14:33 UTC
Yeah. more worried about the bugs than anything else. I don't believe the encryption will be broken anytime soon and if it was then its a lot bigger problem than just bitcoin.
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Topic
Board Bitcoin Technical Support
Re: Bitcoin is sure to get once it shows up in wallet?
by
technocoma
on 15/02/2014, 18:08:59 UTC
I'd wait for one confirm then you know its included in the block chain & would take a lot of work to undo. Also depends on the amount of money if its 0.001 then even 0 confirms I wouldn't really mind. If it was 10k BTC i'd wait for 6 confirms before I did a dance.
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Topic
Board Speculation
Re: Do you see the price of BTC above $5000 by the end of 2014?
by
technocoma
on 15/02/2014, 18:03:24 UTC
Hoping: yes, but I think it won't be over $5000 by the end of this year.

I'd be really surprised if we were at $5k by end of the year. I think even ~$2.5k by the end of the year would take some doing. I just hope it gets to $5k even if it takes a few years as that's a number where my holdings would mean i'd never have to work again.

Then again I held quite a large amount of litecoin's since they were $0.40 as I believed they would go up was happy when they went up to $5~ and I thought they would break over $10 and ended up going to $48. so I don't think there's any real way to guess what the price is going to do I like to under expect and then if it blows up its all the nicer.
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Board Altcoin Discussion
Re: Why aren't all coins, sha and scrypt based done like this.....
by
technocoma
on 15/02/2014, 17:48:32 UTC
Learn what mining actually does, why it is needed, and how the current solution works without centralized control.

Once you do that it is obvious why your idea makes no more sense than designing a toaster which also cures cancer and paints your house.

Cheesy

Unfortunately this is 100% correct, if it were that simple someone would of already done it & with the role that mining takes I don't see how it could ever be implemented but maybe someone smarter than me may one day have an idea on a different way to use POW.
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Topic
Board Speculation
Re: Do you see the price of BTC above $5000 by the end of 2014?
by
technocoma
on 15/02/2014, 17:42:19 UTC
I know what we are all hoping for Cheesy
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Topic
Board Bitcoin Discussion
Re: MUST WATCH: Account Holder Flies To Japan And Confronts MtGox CEO
by
technocoma
on 15/02/2014, 17:40:31 UTC
The other possibility is that he is an almost perfect sociopath, unable to have an emotional grasp of what's happening around him.

He is not a sociopath. He is fatty - growing fat is a protective (psychologically / emotionally grounded) response to stress. A sociopath wouldn't care / wouldn't grow fat.


What about him not being a sociopath, but more like socially inept. Something like this:

http://en.wikipedia.org/wiki/Avoidant_personality_disorder

Whatever is wrong with him I think its pretty clear he shouldn't be a CEO.
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Topic
Board Bitcoin Discussion
Re: How many people have received random .00000001 transactions to their wallets?
by
technocoma
on 15/02/2014, 17:33:43 UTC
I believe people were changing a setting on bitcoin-qt wallet to not include unconfirmed coins in the balance as a sort of work around.
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Topic
Board Mining software (miners)
Re: cgmon - cgminer monitor for Linux - auto restart, reboot, sick gpu detect &more
by
technocoma
on 15/02/2014, 17:25:02 UTC
Just what I've been looking for. Thanks for this
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Topic
Board Mining support
Re: Bitminter or Solo Mining With ASIC Cards
by
technocoma
on 15/02/2014, 17:22:45 UTC
Estimated time to generate one block at 12GH/s 10859.2 days.

So unless you got very very very lucky the difficulty would rise faster than you can hash so your estimated time per block would just keep going up.

Basically unless you win the lottery on a regular basis stick with a pool as chances of you hitting a block are slim.
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Topic
Board Mining support
Re: Monitor gpu farm with one monitor ?
by
technocoma
on 15/02/2014, 17:15:37 UTC
You'd be better off running linux no need for a monitor set it to automine as soon as it turns on. If you need to control the system you can just use SSH.

Then use something like https://phpminer.com and you can monitor all your rigs from a single website.