New Mac OS Trojan Produces BitCoins
angry tapir writes about an interesting use for malware. From the Techworld article: "A newly identified Mac OS X Trojan bundles a component that leverages the processing power of video cards to generate Bitcoins, a popular type of virtual currency. The new Trojan was dubbed DevilRobber by antivirus vendors and is being distributed together with several software applications via BitTorrent sites."
Scamcoins arent worth anything anymore....
As an owner of a Mac Mini let me just say, "Thank God, I'm safe!".
I use MACs because they just work!
--A virus writer.
A Mac Trojan and a Bitcoin story in one! Quick someone tie this into global warming!
PocketPermissions Android Permission Guide
As BitCoin transactions aren't anonymous, in fact they are completely public, it would be trivial to follow where the BitCoins end up - hopefully to catch the malware author.
I dream of a nation where a man is not judged by his skin color but by an number assigned by a credit rating agency.
that leverages the processing power of video cards to generate Bitcoins, a popular type of virtual currency.
At that rate, summary might as well have said: ""
Well, hell. One day, the summary is too terse and doesn't explain enough.. The next day, the summary explains a single term (that, truthfully, no one pays attention to), and suddenly, that's too much?
Fickle bastards, we are.
Consistency is only a virtue if you're not a screw-up.
How much have you actually pulled out in dollars or gold? i.e., converted to a stable currency that's reasonably guaranteed to hold its value steadily instead of fluctuating a lot. Assuming that bitcoin mining is a good investment, bitcoin's volatility makes it a poor store of value over the longer term.
Anyone who loves or hates any language, platform, or manufacturer, doesn't know what they're talking about.
Seems like you're totally incapable of doing day to day trading.
Oh well. Not my problem. I've made my money, 6-700X what I invested.
Perhaps you should stop listening to Austrians and Keynesians for economic advice.
Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
Didn't you read the summary?
Because bitcoins want to be free! And, and, they're like... BEER! And... noone accepts them for anything, so you can save a LOT of 'em without being tempted to spend 'em! An... an... they keep you from having to do Real Work! "Honey, don't bother me, I'm minting bitcoins!"
I've fallen off your lawn, and I can't get up.
They make GPUs
Bitcoin is in a lot of trouble at the moment.
It is not popular, since the speculators have mostly disappeared at this point. They got in on the market upswing, moving the price to almost $30 per bitcoin for a brief moment. As soon as the speculators reached their plateau, the sell-off began. Bitcoins are selling for 5-10% of what they were selling at their peak. You can expect to get between $1.50 and $3.00 per bitcoin at this point. The true believers still claim that it's coming back, but a single look at any price graph shows that in the end, anything you put into bitcoin is a lost cause. The price continues to drop as more people get out and sell what they have, plus the people "mining" bitcoins selling at whatever the current lowest price is. ALL of the major exchanges have been "hacked" at some point. I say this in quotes because there has never been any proof that the owners of each exchange didn't just decide to take the money and run, which they could have done at any time with ZERO repercussions. One of the larger exchanges was blatant enough to take everything but offer 49% back of what you lost if you'd just use them again (but accept the service fees), as opposed to the others that just delete the website and sell the coins on other markets.
The reason that this is all possible is: bitcoin isn't a currency! It is the same as trading rocks with numbers painted on them to say how much they are worth; this means there is no regulation. It's not anywhere near any other currency in the world because it doesn't have a government backing up it's value. As much as the different sites claim that it is going to change the world, bitcoin itself is being challenged in court and both results are bad for it. If it is declared a currency, the regulations alone will destroy it. If it is declared not a currency (which it is not), it will be destroyed by all sorts of fraud charges.
Stay away from bitcoin at all costs.
"Well kids, you tried your best, and you failed. The lesson is, never try." -Homer Simpson
Yep, Bitcoinica offers shorting and leverages.
Anyone can mine bitcoins, you don't have to be a politically connected bankster to participate.
The creation of new BTC is predictable and publicly documented.
Participation is voluntary. Anyone can read about how it works, see that the the amount of BTC in circulation is going to more than double in the next five years, see that the level of commerce with BTC is low and decide if they want to hold any. (Personally I think holding BTC is a bad idea and will be for a years unless commerce increases considerably.)
Having your fiat currency devalued to cover the deficit spending of long retired spendthrift politicans is not voluntary.
Not my problem. I've made my money, 6-700X what I invested.
The people who get in near the beginning of a pyramid scheme often make money. But hopefully, it gets confiscated when they're sent to prison.
To have a right to do a thing is not at all the same as to be right in doing it
For those times when my wife decides to cook. It is either burned or still needs to be killed. This is why I cook. Plus a hammer works wonders on tough meat to tenderize it, this is why I also do the grocery shopping now as well.
Time to offend someone