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10501  Economy / Speculation / Re: What's your exit strategy? on: August 17, 2012, 01:24:32 PM
My exit strategy is moving all of my BTC from my MtGox account to an off site wallet.


I know that once the pirate thing hits there will likely be a drop in price but in the long term it will rise.

I wish I had more money sooner to put into BTC. I had no money when it was $2/BTC. I still have no money to put in at $14/BTC. I hope the price is not too high when I do have money.
10502  Bitcoin / Project Development / Re: [ANNOUNCE] OpenPay - Entering Burn In, Shake Down & Alpha Test phase. on: August 16, 2012, 05:02:28 PM
If successful will this be cheaper than buying a prepaid VISA with Bitcoins?



Likely, though you would have to do a lot of the leg work yourself to get the cheapest rate (running your own bitcoin transaction server, setting up your card...).

More than likely there will be services out there that set things up for you and it will be close to the rate of a prepaid card.
10503  Economy / Speculation / Re: Bitcoin Project will be making a major announcement in September on: August 16, 2012, 05:00:05 PM
Most likely having multisig all finished and vetted for release.

We all know about multisig but it will likely be a significant enough update to warrant an announcement to those who have not been following.
10504  Economy / Speculation / Re: A potential top @ $12.16: the bearish case on: August 15, 2012, 06:10:42 PM
According to these charts the price will be going higher:

___/
10505  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to old people on: August 14, 2012, 08:18:23 PM
Tell them it is like sending text messages but instead of sending words, you are sending money.

Or if they know nothing of technology just tell them that because of all of the expenses and debt they built up, we are jumping ship to a new money without all of the baggage.

Be sure to mention that even though they "paid into social security" (paid taxes) all of their lives. They are now "getting it back" (receiving welfare) but in money that nobody wants.
10506  Bitcoin / Bitcoin Discussion / Re: New way of buying/Selling bitcoins? on: August 14, 2012, 06:27:51 PM
https://www.payza.com/

for the actual link
10507  Other / Off-topic / Re: Let's Count to 21 Million with Images on: August 13, 2012, 07:11:51 PM
10508  Bitcoin / Bitcoin Discussion / Re: Bitcoin Better Business Bureau on: August 13, 2012, 05:39:34 PM
BBB is EVIL. If one is BBB acredited then that company is ALWAYS RIGHT.

I have had nothing but good experiences with the BBB. I had some problems with AT&T and when I contacted the BBB, AT&T worked with me to make it right. Same with Verizon.

Some companies take their BBB rating seriously.
10509  Bitcoin / Bitcoin Discussion / Re: Representative Mark Warden Utilizing Bitcoin for Campaign Donations on: August 13, 2012, 05:36:43 PM
He needs to set it up to create an address for each new donor and allow for the donor to supply their identifiable information along with that address. And refund anything over an equivalent maximum in dollars.


I was thinking about this one though.

It would be great if someone were to start running now for US House/Senate or whichever where they would need a lot of money to win, focusing on 2014 or 2016. But for every donation he receives, he converts that money to Bitcoin to be spent the year that he campaigns.

Imagine someone accumulating $100k when the price was at $2/BTC. And imagine if the price in 2016 was $200/BTC. He would have a $10 million war chest going into the election. And he can pledge to pay for all advertising/campaign material in bitcoins.
10510  Economy / Economics / Re: Would Paul Ryan as Vice President let banks collapse? on: August 13, 2012, 03:52:53 PM
Paul Ryan = More of the same
10511  Bitcoin / Bitcoin Discussion / Re: Bitcoin Better Business Bureau on: August 13, 2012, 03:46:22 PM
You could go with the model of Angie's List where the consumer pays to find out the rating of different companies.
10512  Bitcoin / Bitcoin Discussion / Re: Do you have any Bitcoin? How many BTC do you have? on: August 11, 2012, 06:50:28 PM
you might want to have a few more answers, 50 btc 100 btc etc

For my purposes I am not really interested in knowing about more than a few BTC.
10513  Bitcoin / Bitcoin Discussion / Do you have any Bitcoin? How many BTC do you have? on: August 11, 2012, 05:47:16 PM
This is not yet another "I want to know who has a lot of Bitcoin" poll.

This is more for the general Bitcoin enthusiast or forum participant. I am curious to know about those who are just starting out or the typical bitcoin supporter how much they may have available.

The reason being, I am working on a site where you will be sending bitcoins (not necessarily spending them, just showing that you have them) and I need to know how small of an amount will be the cutoff for the typical user.

Personally, I followed Bitcoin on and off for about a year before getting any. I want to know if that is typical.
10514  Bitcoin / Bitcoin Discussion / Re: Reward Payout vs World Population on: August 11, 2012, 05:29:26 PM
At $2/BTC:
"OH NO, CUTTING MINING IN HALF WILL CAUSE EVERYONE TO STOP MINING!"

At $4/BTC:
"OH NO, CUTTING MINING IN HALF ISN'T WORTH IT!"

At $8/BTC:
"WE CAN'T AFFORD CUTTING OUR MINING PROFIT IN HALF!"

At $11.50/BTC:
"TOO MANY PEOPLE USING BITCOIN! MINING WILL STOP IF WE KEEP HALVING THE REWARD!"
10515  Bitcoin / Development & Technical Discussion / Re: What would be the best way to get the balance of an address? on: August 11, 2012, 12:48:07 AM
Would I be able to do this with a call from bitcoinj or would I need to add up transactions through the blockchain or what?

There is a service that might help, if you weren't aware of it:

 - http://btcbalance.net


Also, via API:
 - https://blockexplorer.com/q/addressbalance/<address>
 - http://blockchain.info/q/addressbalance/<address>

So I assume that means that parsing the full blockchain is the way to go. I cannot rely on a third party.
10516  Bitcoin / Development & Technical Discussion / What would be the best way to get the balance of an address? on: August 10, 2012, 09:16:22 PM
I am looking to check an address to see if it is empty and if not empty, check to see how many bitcoins the address contains.

Would I be able to do this with a call from bitcoinj or would I need to add up transactions through the blockchain or what?
10517  Bitcoin / Bitcoin Discussion / Re: What sites exist to check if an address is involved in reported activity? on: August 09, 2012, 06:50:27 PM
You can use the same website that they use to track dollars that have been used for bad things.

You DO check that site every transaction you make right? RIGHT??!?
10518  Bitcoin / Project Development / Re: [ANNOUNCE] OpenPay - Entering Burn In, Shake Down & Alpha Test phase. on: August 09, 2012, 04:59:01 PM
There was another thread in which someone was asking about an app for Radiant systems. Do you have any experience with those, or do you feel that it could be an option?

Because of contractual obligations I cannot comment on that until after August 13th Wink

tick tick tick... Smiley
10519  Bitcoin / Bitcoin Technical Support / Re: Need confirmation of how public and private addresses work. on: August 09, 2012, 04:37:26 PM
Ok, thanks. It is an empty wallet I installed just to confirm that I would be able to import this address and use it.

I am taking my BTC off of MtGox and wanted to make sure it is secure and wanted to confirm with my own eyes that the address is working correctly for me to spend in the future.
10520  Bitcoin / Bitcoin Discussion / Re: [Concept] Bitcoin School on: August 09, 2012, 04:31:42 PM
Bitcoin certification would be handy. I can imagine soon some companies will want to hire Bitcoin programmers for their project and the will want to know that they are getting somebody competent.

Though I am no fan whatsoever of certifications to prove that you are competent in something, this seems to be popular among employers.
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