Bitcoin bit $378 today

From: Lynn Dixon 
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Bitcoin broke another record when compared to the US dollar.  $378 will buy
one bitcoin now.

BFL Singles may still be making sizable profits for a few more months.

=============================================================== From: Phil Sieg ------------------------------------------------------ Well my 9 USB ASIC's have pumped out 3/4 of a bitcoin which means if I can figure out how to turn that into dollars I will be at break even on hardware. Gonna go look and see how to go from BitMinter to Bank... Something tells me it's gonna be frustrating ;-) Phil Sieg President SeniorTech LLC / snapfon=AE www.snapfon.com phil.sieg@seniortechllc.com Phone: 423.535.9968 Fax: 423.265.9820 Mobile: 423.331.0725 *"The computer is the most remarkable tool that we have ever come up with. It's the equivalent of a bicycle for our minds"* *Steve Jobs, 1955-2011* *sent from my ipad Bitcoin broke another record when compared to the US dollar. $378 will buy one bitcoin now. BFL Singles may still be making sizable profits for a few more months.

=============================================================== From: Matt Keys ------------------------------------------------------ Phil check out coinbase.com.

=============================================================== From: Lynn Dixon ------------------------------------------------------ DOH!!,! Matt beat me to it. Coinbase is pretty nice, and they have some really great merchant tools. You can send your BTC to coinbase and then sell them. The profits will be directly deposited into your bank. I'm still gonna shamelessly drop my referral link here for any one else that may be interested: https://coinbase.com/?r=3D521045129757bf315c000063&utm

=============================================================== From: Chad Smith ------------------------------------------------------ $1.3 Million US Dollars worth of BitCoins stolen http://mashable.com/2013/11/08/bitcoin-theft-tradefortress/ http://www.bbc.co.uk/news/technology-24871444 http://www.dailymail.co.uk/news/article-2492813/Bitcoin-site-hacked-1millio= n-virtual-currency-stolen.html *- Chad W. Smith* e

=============================================================== From: Lynn Dixon ------------------------------------------------------ Chad, This goes to show that you should protect your Bitcoin wallet, just as you would your back pocket wallet. Bitcoin can't be "hacked". Wallets can be stolen if you are careless with them, but so can your normal wallet, or purse, or murse. ion-virtual-currency-stolen.html

=============================================================== From: Stephen Kraus ------------------------------------------------------ Anything can be hacked, given time, determination, and skill. C'mon it's like rule number one. Never assume anything is totally secure regardless of what you are told. u h lion-virtual-currency-stolen.html d

=============================================================== From: Lynn Dixon ------------------------------------------------------ Its a distributed network. over 51% of the network would have to be compromised before any vulnerabilities could be exploited. On Sat, Nov 9, 2013 at 4:06 PM, Stephen Kraus wrote= : llion-virtual-currency-stolen.html nd . e

=============================================================== From: Stephen Kraus ------------------------------------------------------ Give it time. And never underestimate determined people. te: illion-virtual-currency-stolen.html and k.

=============================================================== From: William Roush ------------------------------------------------------ Well lets be honest: there have been slip-ups with the ECDSA algorithm before, these attacks allow you to compromise people's Bitcoin wallets from their public signatures (some sloppy apps have apparently done this). While I'm thrilled about a lot of the cryptographic technology behind Bitcoin, it lends itself to a level of understanding many wont understand, and with so many half-assed applications out there I'm not surprised some of them are implementing the cryptography wrong and putting people's money at risk. However I love seeing public-key cryptography being used more and more, and those kinks will continue to get worked out. I wouldn't say it's "time, determination and skill" so much as it's "too many hands in the honeypot, with most not knowing what they're doing, take advantage of one of them". William Roush william.roush@roushtech.net http://www.roushtech.net/blog/

=============================================================== From: Chad Smith ------------------------------------------------------ Also it had something to do with a bunch of people giving their bitcoins to some random 18 year old dude to hold on to. But I just thought it was weird that no one had mentioned it yet. I almost said something a couple days ago. *- Chad W. Smith* On Sat, Nov 9, 2013 at 3:30 PM, William Roush wrote: om , y d e te: illion-virtual-currency-stolen.html and k.

=============================================================== From: Rod ------------------------------------------------------ "In the wake of the publication of a new academic paper that says there = is = a fundamental flaw in the Bitcoin protocol that could allow a small cart= el = of participants to become powerful enough that it could take over the = mining process and gather a disproportionate amount of the value in the = = system, researchers are debating the potential value of the attack and = whether it's actually practical in the real world. http://it.slashdot.org/story/13/11/09/229220/bitcoin-probably-isnt-broke= n On Sat, 09 Nov 2013 16:06:52 -0500, Stephen Kraus = wrote: re = s = = 1million-virtual-currency-stolen.html e: ve = e = o = =

=============================================================== From: Lynn Dixon ------------------------------------------------------ the article admits that it's near impossible for this to happen as the coalition would need to accumulate over 51% of the network. with the speedy growth of bitcoin that will be hard to obtain and then maintain. e llion-virtual-currency-stolen.html nd . e

=============================================================== From: Unkmar ------------------------------------------------------ http://www.thebitcoinchannel.com/archives/26382 Bitcoin could be hijacked by =91selfish=92 groups causing currency collapse= . As little as 33% is needed to do so. And some groups are already that large.