Bitcoin Forum

http://www.bitcoincard.org Watch the video!

this is some shameless promoting of a product i hope everyone buys  :D

please put yourself on the map if you plan to buy one

http://www.bitcoincard.org/earth/  ( click the New Gatway button )

Proprietary hardware does not go well together with FOSS Software.

It will be briefly popular then fail hard.
you'll see.

nerds.... they think they know everything

says the guy with the Tux avatar  :D

LOL  :D

Without the supporting infrastruture they have no product. Unless they're going to give these things away, the network will never get of the ground.

I plan to buy one. If it succeeds, it will be really successful. The hardware form factor is awesome, the possibilities are endless. I hope they make the hardware platform open!

However I think the project has a high risk of failure because it might be too technically ambitious, especially features such as the distributed network of cards relaying packets (power consumption, software complexity, etc), and some technical choices are dubious (solar panel while the card will be in a wallet/pocket 95% of the time.)

ya that's true the, solar panel i could do without. i hope that's not the only way of recharging this thing -_-

if they can make it work mostly as advertized it would be cool.

I'll be buying 2. so i can text card number #2 run to the other side of the room and lol!

I could see it being used like mad in high school class rooms.

So got one I didnt see any pricetag?

and what does this thing have to do with bitcoin? It implied it would function with it, but how does it solve POS issues or funding ext.

why would I want to have my movement tracked at all time?

i think the movement tracking is BS, and will not be implement on the cards. users would have to to put in a gr8 deal of work for this to become a reality.

POS .. well anyone that want to accept bitcoin would have one of those cards then i can easily use my card to send the bitcoins and pay for wtv.

Imagine you walk into a store go to the cash with a bag of chips and select request total, the dude scans your chips, your card pops up 0.0012837 BTC total you click PAY!

How about the confirmation time?

what is going to go wrong:

the mesh network
it is not going to work out, neither in speed, power consumption or protocol.
Mesh networks are very hard to handle.

other technologies
they will be way more successful e.g. Bitinstants Debit Card, they only have to combine it with NFC and maybe some ATM support

costs
you will be eventually better off with a cheap (80Euro) Android phone that offers access to all web services or BitcoinApps than with a ~40 Euro Bitcoin Card (price is just an estimate for display + processor + wireless module + battery + case + assembly + shipping)

bitcoin network
this point might actually work out ... or not. depends on how good the programmers actually are. Problems are the speed of the network (400mb of transactions per month), just calculating/checking one transaction takes about 3sec on such a device. At the time of posting there are 25820 transactions per day ... that will take the device 21 hours to just check them. as soon as you stop checking them for yourself, the device needs a trusted third party to do the checking etc

you would just accept the transaction as soon as you see it in the P2P network (meaning instantly), or wait until a trusted party has accepted the transaction. you wouldn't wait for confirmations in the blockchain for transactions that are lower then the reward for a block.

Conclusion:
I will definitely buy that device if they ever manage to produce it

I am hoping this will be successful as I would love to be able to use one of these

ya, i hope it works well too.

the phone cost money, the service cost money monthly too ( a lot more money then the stupid phone -_- ).

that's what i like about bitcion card, its a one time cost, after that you can use the network for free. free texting, for real!  :



this will have fees every time you use it, i dont see why anyone is getting so excited about this.

BitcoinCard  is p2p and so.. no fees!

size of credit card; texting, sending money, tracks you wherever you are, how long you take a dump - Sounds like the beginning of implantation of a chip inside you. Therefore, no thanks! I'll hold on to my privacy and freedom for as long as I can. I don't need corporations to know where I am or my buying habits. So, Facebook, Facedeals, Mycelium or whatever ... stay out of my life!!!

I would say S.S. Failboat waiting to sink!

MM

I would say bets of luck!!!!!!!!!!!!!!

So many of the features described seem like a life time away...

I'm not sure how much of the features listed in the video are true.

At least it is decentralized

cool idea

I watched the entire video and it never mentioned bitcoin once.

Other than that, there are some problems (which I suppose can be overcome):
1. The video said that in order to be connected to the network, you need there to be a few people on every block with one of these cards. How long will it take for the card to become that popular?
2. I don't want to be tracked.
3. I don't want to be bombarded with ads.

Yea, it's a marketeers wet dream (time spent at a store shelf? wtf?) I'm sure many large corporations would love to tag us and identify us when we walk down the street or into a store (Seen Minority Report ?)

I don't see anything I really want to have over the Android phone I've already been using for nearly 2 years.

S.S. Failboat Go!!!
Im sorry, I love the idea, But its not going to work in This manner....
In the wallet? Good idea.
Solar recharge panel? <-What the fuck is that doing there for an in wallet/pocket device, Green energy recharge? I'd rather buy a connectable solar panel!

Initial cost is going to be nuts. like, $~1,300 per unit.
Daaaaaaayumm
Even still to this day we dont have good meshnets, We keep trying!

LOL ;)

Bitinstant reviewed some prototypes (http://blog.bitinstant.com/blog/2012/6/19/our-discovery-in-vienna-the-bitcoin-card.html). The company says $10-$25 per unit.

Seems too good to be true. I guess we'll see in January 2013 (release date).

I don't think the major hurdles for bitcoin right now is hardware.  Any cellphone can use a browser wallet.

Whups, Meant to say $~300

I might do it if it's simple enough to do.

Conceptually Great idea, would love it to work.  If it takes off will definitely start trying to get my local stores to accept BTC.  But I don't think hardware issues are the only constraint to getting this tech mass market.  Will be watching with interest though :D

Seems to be a promising device/technology but being tracked for your actions/patterns/habits is a sure deal-breaker. A typical smart-phone can be more than enough. I don't see any significant reason for this idea to re-invent the wheel.

You are already track with your cell phone BTW

Not only that, your cell phone can track you globally, and report that data to anyone over your data service.  The bitcoin card can only track you relative to it's base stations within a store, and can only report those movements to those base stations until it's beyond the reach of that store.  This makes tracking a particular individual rather difficult, unless your goal is to actually tail a particular person who has a bitcoin card number that 1) you know and 2) you have a mobile base station to track them with.  The bitcoincard doesn't have the capacity to track using GPS, nor the ability to transmit that data beyond a couple of blocks.  The street cameras in London can track your movements better than a bitcoin card could.

Well, that is already happened, and I have such an android phone capable of doing exactly that.  However, I still want a bitcoin card.  Maybe several.  Give one to each of my kids, and buy a base station for my house, and I could track them within a couple of blocks.  The ability to use it as a bitcoin client as well might be entirely secondary.

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