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12141  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: April 16, 2011, 08:40:46 AM
I very much like this video from the guy of "howtovanish.com":

http://www.youtube.com/watch?v=LSLByqTusaQ


It's a pretty good exposé.   Make it buzz.

I like it, too. It's well done.

It tells 3 very common inaccuracies, though:

  • "all transactions are completely free"
  • "transactions are instantaneous"
  • "there's much higher security than with traditional online banking"
12142  Economy / Marketplace / Re: Earn 34BTC or 15-16BTC for getting shops/organisations to accept Bitcoin on: April 15, 2011, 03:23:10 PM
Do you mean that you pledge 100 BTC per shop?

Correct.

Thanks man, that's so cool!
12143  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 11, 2011, 11:34:14 PM
I don't know if anyone else is doing this but I try to make a small donation to pretty much EVERY new organisation in this thread as soon as they start accepting bitcoins.
Well, I apply some filter first, but I tend to donate small amounts randomly.

I also monitor the address of the people I convinced to accept bitcoin for income and I realize how devastating it might be if there's nothing coming in. That's why I decided to donate half my bounty to the organisation I got it for.

By doing so I'm not rewarding them for what they do day-to-day, I'm simply rewarding them for accepting bitcoins.

exactly.

I think if someone decides to start accepting bitcoins, but then nothing comes in, they're going to give up pretty quick and delete it.

I dont think so. They set up bitcoin or a mybitcoin account and made the effort to put the address on their page.. why "delete" it?

So anyone reading this thread, go through and pick some of the successes at random and send off 0.50... it doesn't even have to be an organisation you would normally deal with.

Let's applaud and reward these merchants, simply for accepting bitcoins.

2nd

[/quote]
12144  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 10, 2011, 03:01:23 PM
Sorry molecular, I looked at your post without thinking and assumed I already sent you the 5 BTC. Just sent them today at 12:10 GMT

An understandable mistake, since I stated I received the money Wink

Confirming that I received your 5.00 and therefore all bounty for GFP (organisation) except the 0.1 to 1.0 from cw.
12145  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 10, 2011, 10:19:12 AM
Hey molecular, I accidentally sent you 5 BTC in addition to the 2.5 BTC I pledged. Can you just send that on to the next person to win a bounty?

Here's the tx:
http://blockexplorer.com/tx/bd072e89532c6bec31a756a82aae086ad1b8c2528bd031799d94b892e4513b6c

Confirmed that, received 5.00 and 2.50 from the same address 1PwoVg3CxMkF7uVuAn3gcCp4SAtXwyxKuR

I falsely assumed the 5.00 were from Mahkul.

Sure, I can also just send it back to you, that might be less confusing. Address?

So my receiving table now looks like this:

04/03/2011 17:31  2.50 Blitzboom (to address in spreadsheet)
04/04/2011 02:57 10.00 dirtyfilthy (to my signature address)
04/07/2011 04:05 3.00 slush (to address in spreadsheet)
04/07/2011 16:04 2.50 probably bittertea (to address is spreadsheet)

This probably means, if I didn't make a mistake, that mahkul and cw have not payed.

Mahkul, your spreadsheet (http://www.editgrid.com/user/mahkul/Earn_BTC_for_promoting_Bitcoin) says you gave me the bounty. Can you doublecheck that and maybe point me to the TX so I can confirm that?
12146  Economy / Marketplace / Re: SUCCESS: german privacy foundation accepting Bitcoin donations ;) on: April 07, 2011, 09:52:14 AM
Ha, they finally did it (just received email from them): https://www.privacyfoundation.de/verein/spenden/

As I promised, I just sent 3 BTC to you (GPF not a shop, but I like them). Looking forward their shop accepting bitcoins, I'll send next 3 BTC...

Thanks for making an exception. What I received so far for GPF (organisation):

04/03/2011 17:31  2.50 Blitzboom (to address in spreadsheet)
04/04/2011 02:57 10.00 dirtyfilthy (to my signature address)
04/06/2011 17:25 5.00 probably Mahkul? (to address in spreadsheet)
04/07/2011 04:05 3.00 slush (to address in spreadsheet)
04/07/2011 16:04 2.50 probably bittertea (to address is spreadsheet)

so it seems cw is still missing, correct me if I'm wrong or made a mistake.

as promised I sent half of the bounty on to the GPF. so thanks again for the bounty, guys, probably also in the name of the GPF Wink

btw: have word from GPF developers concerning implementation in their shop. they're using "magento"... anyone know if there's a bitcoin plugin for that or how it could be done or who could do it? I'd be willing to give half the bounty for "GPF shop" to anyone who successfully helps them get bitcoin payment processing implemented (the other half I promised to the GPF, should I get it). It doesn't seem they have enough incentive/ability to develop this on their own right now.

EDIT: adjusted for another payment of 2.50
12147  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 06, 2011, 07:57:59 PM
Any volunteers?

I'm not fighting to do it, but I volunteer to maintain the spreadsheet, at least for a while.

I would want the BTC 1.00 donated to Mahkul for maintaining the spreadsheet back, though Wink


So all the work I have done so far you deem worthless?! Smiley

That's grand, I will see how much time I will have for this over the next few days and will let you know.

nah, keep the coin Wink
12148  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 06, 2011, 11:49:42 AM
Any volunteers?

I'm not fighting to do it, but I volunteer to maintain the spreadsheet, at least for a while.

I would want the BTC 1.00 donated to Mahkul for maintaining the spreadsheet back, though Wink
12149  Economy / Marketplace / Re: 20 Bitcoin for a good name on: April 06, 2011, 08:16:56 AM
AlpacaStocks?
 Grin Grin


This made me laugh, hilarious, you AlpacaStock-holding crypto-hippies.
12150  Economy / Marketplace / Re: Crowdsourcing 1200 BTC for Automata RTS Game on: April 06, 2011, 08:13:56 AM
pledging BTC 25
12151  Economy / Economics / Re: Who run barter town? on: April 05, 2011, 09:32:19 PM
go for like 1$/BTC to <0.1$/BTC very very quickly.

Great ! Can't wait until that happens. I will be able to buy 100k of bitcoins for almost nothing ! Can you imagine that ?

no
12152  Bitcoin / Bitcoin Discussion / Re: Manipulating the difficulty? on: April 05, 2011, 08:49:25 PM
Imagine Google can summon 5.4 TH/s of power. The current hashrate is .6 TH/s. For the sake of simplicity let's say difficulty adjusts every 2000 blocks.

Blocks 1-10000: Business as usual; network ends at .6 TH/s.
Block 10001: Difficulty resets. Google turns on their network; starts hashing.
Blocks 10001-12000: Google finds these blocks approximately 10 times faster than they should, or, approximately one per minute.
Block 12001: Difficulty spikes to approximately 10 times the last difficulty. Google shuts off their network; hashrates are now .6 TH/s again.
Block 12001-14000: The network finds these blocks approximately 10 times slower than they should; or, approximately, one block per hour. Instead of taking two weeks, the next difficulty reset takes five months.

Except that can't work.  As I mentioned earlier, there is a difficulty adjustment parameter rule that prohibits the difficulty from adjusting up or down by more than a factor of four.  So the max that can be expected is that the Google can do is move the difficulty by that factor of four, which may or may not actually be worthwhile, but if the attack cannot be repeated in consecutive cycles (maybe, but I would say that it would be very unlikely to work out that way) then it's probably not a worthwhile means of manipulation for profit motives alone.  What kind of harm to the system itself could such an attack cause?

Motive questions moved aside.

The factor four thing wont really help, I think, because google could just do the attack for 2 consecutive difficulty adjustment periods and raise the difficulty by up to a factor of 16.

Also, in such a scenario, it should be possible for the majority of nodes to decide to change the rules to somehow adjust the difficulty more quick. This might bring up some trustworthiness issues, since we keep saying the rules cannot be changed easily, but I think in such a case a majority could form. On the other hand: we've got quite a few coins in circulation, doesn't really hurt to have mining slowed for half a year, does it?
12153  Economy / Marketplace / Re: I am in the process of opening a Bitcoin-accepting computer hardware store... on: April 04, 2011, 12:55:51 PM
You'll need to build trust. Don't sell junk you wouldn't use yourself. Don't go for highend (except maybe mining stuff). Remember that computer hardware tends to rot over time (prices falling), so keep the selection small.

I'd probably buy from you if shipping is cheap and fast enough (germany) and prices are not too much above EUR

My BTC 0.02
12154  Bitcoin / Bitcoin Discussion / Re: The Daily Bitcoin 4/2/11 on: April 04, 2011, 12:47:44 PM
Yeah, I realize it, but it was a good choice for an image.

True. For some reason he just popped into my head when I saw Lucy and I remembered Clondike. Brain moves in mysterious ways.
12155  Bitcoin / Bitcoin Discussion / Re: The Daily Bitcoin 4/2/11 on: April 03, 2011, 10:04:25 PM

Entered challenge with image of uncle scrooge holding BTC and USD: https://i.imgur.com/QQ6gZ.jpg


Wow, that image is amazing....

Uhm, you realize I merely copied that and replaced a $-sign with a bitcoin-sign?

If so: thanks Wink
12156  Economy / Economics / Re: On the bitcoincharts.com "technical analysis" and overconfidence on: April 03, 2011, 09:31:58 PM
Therefore I suggest we invest in creating "real" demand by getting bigger shops and organisations to accept Bitcoin. This would be much healthier in my opinion, as it would create a long-term growing demand which we are lacking at this moment.

I'm totally with you and I think the original poster will likely agree, as he said himself:

I am considering buying, but my concern has little to do with marginal price changes. I want to see higher trade volume!

When I read that, I was tempted to reply with something like "Then buy already, man! That'll increase the volume... if everybody waits for more volume to be traded, we're going nowhere". Then I realized the only thing driving real demand (as opposed to speculator's demand) for BTC will be real offerings of stuff for BTC (as opposed to the speculator's hope of rising value).

That's why I'll continue working along the lines of above-mentioned thread trying to convince established dealers and organizations I do business with or (want to) support to use Bitcoin.

What has worked best so far was telling people I loved what they did and that I would like to donate some Bitcoins to support them and ask if they could please publish an address so I could send them money. Of course once they do, I actually donate.

Money must flow!
12157  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 03, 2011, 08:42:51 PM
Hey Mahkul,

Okay guys, I have put up the spreadsheets containing sponsors and persuaders. Smiley

http://www.editgrid.com/user/mahkul/Earn_BTC_for_promoting_Bitcoin

Let me know if you see any mistakes in it - or, even more importantly, once the status should be changed from pending to complete. Smiley

Are you still maintaining that spreadsheet? If so I would like to give you some coinage for doing that, because I think it's a good idea. Address?

I suggest you split line 17, "German Privacy Foundation" into two entries, one for their accepting btc as donation as an organisation fighting for privacy and one for their shop selling products. The former you can set to COMPLETED (see my previous post(s)), the shop is still in the works and will take more time.

I also suggest you could put a column "bounty received" to track the payment of bounties? Is that a good idea? If so you can put the BTC 2.5 I received from Blitzboom for German Privacy Foundation (organisation).
12158  Bitcoin / Bitcoin Discussion / Re: Manipulating the difficulty? on: April 03, 2011, 08:27:36 PM
Good, it seems like everytime I get a little worried there's a fix built in to the system.

Yeah, same here. The more I learn about bitcoin, the more brilliant I think it is.
12159  Economy / Marketplace / Re: Earn 34BTC or 20-21BTC for getting shops/organisations to accept Bitcoin on: April 03, 2011, 08:10:13 PM
Where do we have list(s) of entities which accept Bitcoin? This should be added, along with other successes of this thread.

There's a wiki-page for that: https://en.bitcoin.it/wiki/Trade

So you can edit yourself Wink
12160  Bitcoin / Bitcoin Discussion / Re: The Daily Bitcoin 4/2/11 on: April 03, 2011, 05:58:04 PM
http://thedailybitcoin.blogspot.com/2011/04/challenge-for-week-of-442011.html
I've added a challenge for this week!  The winner will receive a prize so go check it out!
Entered challenge with image of uncle scrooge holding BTC and USD: https://i.imgur.com/QQ6gZ.jpg
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