Discussion in 'privacy general' started by nightrace, Apr 16, 2011.
A Trader Nicknamed ‘BearWhale’ Is Freaking Out the Bitcoin Markets.
Dorian Nakamoto, fingered as Bitcoin creator, wants to sue Newsweek
Bitcoin Newbie Series: How to Get and Spend Bitcoin.
Note: This article is a follow-on article to message message post #870 in this thread, i.e. on previous page.
Bitcoin over Tor Isn't a Good Idea (426.5 KB PDF download) by Alex Biryukov and Ivan Pustogarov at University of Luxembourg
Yes, but see discussion in the tor-talk list.
While the vulnerabilities that Biryukov and Pustogarov have identified are real, the fact remains that Bitcoin without Tor (or VPNs) is not anonymous. So using Tor is still better than nothing, from an anonymity perspective. Given the risks of double-spending and such, it's not prudent to risk lots of Bitcoins. Maybe the safest approach would be a private VPN (purchased anonymously) tunneled through Tor.
Bitcoin mining is NP-hard
Next Disruptive Computing Paradigm: Connected World of Bitcoin.
Feds level first bitcoin securities fraud criminal prosecution.
Bitcoin is the worst investment of 2014
That's because it's not an investment
I bought at $5, how did I "lose" money?
If you did not sell at less than $5, you did not.
And if you did not sell at all, you are <null pointer exception>.
I've made a lot at times, which has allowed me to play with some cool servers, and I've lost much of what's left over the year. So it goes. Son las cosas de la vida Now I don't hold Bitcoins longer than necessary. I run tabs with clients, and get Bitcoins when I need them.
Police suspect fraud took most of Mt. Gox's missing bitcoins
Police suspect Mt. Gox Bitcoin theft was an inside job
Fortunately, most of their Bitcoins are kept "cold" and offline. Even with a confirmed hack (still being assessed at this time) the small fraction of coins lost will be paid back directly from their reserves. I think it was wise to take down the system while investigations continue.
I don't have my coins there, but it could happen anywhere. I feel I am safe, but then don't we all??
PS: This piece of news is a bit old, but I didn't see it mentioned here
The only way that virtual currencies like BitCoin can succeed as a currency is to make it worthless as a commodity. It's value needs to be based on something that's widespread, common and of very stable value. If it's worth the same today, tomorrow, and next year, it won't be hoarded as a commodity. If BitCoins value would have been stable, Mt Gox wouldn't have looked like a bank begging to be robbed.
Bitcoin investor who renounced US citizenship now can’t get back in
How Bitcoin's blockchain could power an alternate Internet.
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