I'd ask Luke-jr about this. All his pools payouts, no matter how small, are all newly generated coins. I bet you could pay him for 50 BTC1 newly mined blocks. Much cooler than the one transfer idea.
Direct deposit?  I think the only requirement for all coins generated in a block is that they sum to 50. |
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So we just let a 17 year old kid steal $500,000 from us and do nothing?
Kids don't bear responsibility for their deeds. That's not true under most Western legal systems. Possible punishments would vary dramatically by jurisdiction, though. If I were running bitcoinica, I'd blame some kid too. I was rather taken aback at their deliberate attempt to make people believe that they know the one person who did it, rather than simply stating the evidence and demanding an explanation. Or better yet, to talk to the kid in private first and then go public with the findings. It's not just highly unprofessional to do it the way they did...it casts strong doubts on their motives. I don't think many people are paying attention to the deliberate attempt to sway opinion without argument. |
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I'd ask Luke-jr about this. All his pools payouts, no matter how small, are all newly generated coins. I bet you could pay him for 50 BTC1 newly mined blocks. Much cooler than the one transfer idea.
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"Decentralized Electronic Cash" sounds awful. Decentralized Digital Currency" sounds fine.
In Spain "p2p digital cash" sounds better, when they hear the other they say: "decentral.... what?" Have to remind you guys, bitcoin is not a currency  Btw, great designs until now Pardon my genuine ignorance...why is Bitcoin not currency? |
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How about using the word "global" instead of decentralized or p2p? Most people don't think of their money as centralized per se...most people see money as something specific to each country with no true "global" currency (although many international transactions are denominated in USD or euros, I would hesitate to call either a global currency).
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Hi guys, Thanks for all the great feedback. Will make this post as an official entry. Of course will still be changing things around so we can get the perfect new logo. But this way all is nicely in one post. I did some more tweaks on the logo. 1. Changed the font to solve the weird T problem some people noted 2. Added the tag line 3. Changed the colors I think we have great looking logo now. It has some good advantages. - Something totally new-looking and fresh - Stands out and not a pancake like asked in OP - Works good in B/W - Includes the Ƀ - Tag line gives you the short information about what bitcoin is - Has some 3D aspect to it Edit: Added a version with black background B/W  2 Colors - No gradient - Opacity  2 Colors - Gradient - No Opacity  Black Background  I think the old, distinctive font was better...it stands out much better and sets a brand theme. Also, I would drop virtual and use the word electronic...it's real currency for real stuff...virtual currency to me means WoW dollars or Monopoly money. |
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May I suggest you try to come up with different shapes?
Sure Made this one with the same front design but changed the back. Looks a lot more like a B now imo. Other shapes may be also good but not really seeing a good one turning up in my sketches. But I really like this one myself.  the lines going vertical could be striped orange and green, and seem to connect to the rest of the shape, looking like a folded paper, or something I love how this is turning out. The logo part still doesn't shout "hey, this is money" like the $ or old logo did...I very much like the look of this one though ... |
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Thanks for all the great feedback. Glad you like it.  So I did 3 other ones. Changed the logo a little bit to test some possible other combinations. Also got rid of the TM. It all still looks abstract but I feel like this is the thing it sepperating it from all others. Also like said by stardust it has a fits the symbolism of the blockchain. Changed the T in the original font to be a little bit less aggressive and also did one with the ubuntu font. This isn't finished in anyway but I thought I'll share it    I like option 1 |
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Even real expertise does not give the writer any significant foresight in assessing the consequences of innovation.
It's a paradigm shift, baby. Market forces will drive you to participate whether you understand it or not.
+2. Very insightful. Had to read it twice...I think understanding the present isn't always the best way to understand the future. |
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Well let me try this. Something totally different than others so some may not like it. But some constructive criticism is always welcome. I tried to mimic the bitcoin B with simple shapes. Used the orange of the 'old' logo and combined it with an other matching color. Gives it a calm impression imo. Hope you like it   +1 the symbol on the left is a bit abstract, but I think you are on to something. The font choice is awesome. The colors look good. |
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The demographics of Iran seem to make it a fertile ground for adoption of Bitcoin: lots of young people, many un/under-employed college educated people, relative oppression of the young by the state...I ran a proxy server for computers in Iran after the last election debacle a few years back, hoping to be a small part of helping them take their own freedom from the govt.
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Here's a start: Bitcoin is a new way to send money over the Internet. It's just like cash, so there is no credit card company or bank to take a fee, delay payment, or reverse transactions. Because it's like cash, payments can remain private.
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I have my addresses in an iOS app I wrote...it's simple, but it works for me. More info in my signature.
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I want to officially let you know that your pictures of the silver rounds don't do them justice at all.  I tried to catch their shineyness a bit. Nice shots! |
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Untainted coins a probably worth a little more. Virgin coins fresh from mining are worth more.
In order to have a mint coin you need to have been a miner that solved the block. Would all 50 coins need to be sold in order for them to stay in tact to the next owner? I am guessing 50 coins is worth a lot more than 49.99999999 coins? I long ago spent/sold/mixed my few 50-coin blocks unfortunately  Apparently though - the Eligius pool pays out in a special transaction type so that you can get fractional 'virginal' coins. I don't really understand how that works - but in the armory client at least, the eligius payouts show up with a 'pick' icon to indicate this. ...Luke-jr is a pretty smart dude. |
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I use Bitcoin Ticker on my iPhone...I get non-email iOS alerts when the price crosses a certain threshold. Might suit your purposes just fine...
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The first person to buy a car with Bitcoin is totally gonna be more famous than that pizza guy |
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even assuming he runs a ponzi, buying high and selling low still doesn't make any sense )
Agreed. But he admits he buys above 9 and sells below 8. It really doesn't matter what he's doing with other peoples money, when it's so easy to profit yourself just by trading against him. I presume he's the volatility maker...things need to move a certain amount up and down for anyone to make money in a system where there is no intrinsic safety buffer provided by short selling. He needs to recycle his cash on each swing. He makes each swing happen by using a small amount of funds to drive the price down and a larger amount to drive it up. The hyper-reactive lemmings do most of the dirty work for him by accepting the new price he sets and push the trend up or down farther than pirate has funds for. Then he capitalizes by trading against himself, much like the OP has been doing. I made 10% in one day by following similar logic (I used 8 and 8.75 as targets). |
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