LOL, yeah sure, $8M is not enough...
Is your name Ian Grice or Ian Greed?

What I am saying is that a doubling in 30 days is ridiculous and unsustainable.


EDIT: Go Go Cyprus!!!

Nice work.  May I send a tip?

I must admit I've never liked the second hand.  Each cycle of the hour and minute hands mark a Bitcoin event but a cycle of the second hand only represents an approximation to 24 hours.

I would have a cycle of the second hand represent the addition of a single block.  Of course, the classic notion of angle symbolising "progress" toward an event would have to be weakened.  I submit the most natural mechanic would be to measure time since the last block, with 10 minutes represented by a half turn, 20 mins by 3/4, 40 mins by 7/8, et cetera.  The second hand could then move smoothly.  Another consequence is that the position of the second hand at a random time would be uniform, just as with a normal clock.  Bonus points for having a more accurate expected block frequency than 10 minutes.

I'm certain the idea of cycles of the second hand representing block creations has been raised before.  I can't think of a more elegant way of graphically representing the exotic nature of block-chain activity in a clock than with a smooth and gradually slowing second hand.

I think it was suggested before, somewhere.
It seems like hardware is the main moneyburner here.

Why invent it again?
Use some small device with a bit cpu power, a good enough display, battery, usb connection and buttons.
Sounds familiar?
--> MP3 Player <--

Now I didn't research into this much. However, I found http://www.rockbox.org/ which replaces the stock firmware on a lot of mp3 players. We may use it directly, or parts of it, or just use it as a pointer to see which mp3 players are usable.

How about "sandisk clip":


Or "SanDisk Sansa c200":


edit:
even much more simple and surely cheaper, not based on rockbox:
http://www.s1mp3.org/en/docs_userguide.php

I would prefer one of the first two players..

I would use one of those. And buy a reprogrammed one, or maybe do it myself and send money in the direction of the firmware programmers.

Now these are strictly offline. No Paypal possible on these, as someone shouted on the original vapor-Ellet.. But good enough to sign transactions, for sure!

So, why are people burning truckloads of money on re-inventing the hardware? It's all in the software anyway!

Ente

Several good suggestions. I like "strength in numbers", it sounds cool in Latin "Fortitudo in numeris".

You got it all wrong.

It went like this:

Phase 1: Nominations only
Phase 2: Poll started, still open to nominations
Phase 3: Late nominations need +1 from someone else
Phase 4: 0 vote suggestions removed
Phase 5: 1 & 2 vote suggestions removed
Phase 6: 3, 4 & 5 vote suggestions removed

The idea behind all this? As this poll system is quite simple and does not allow a ranked vote I had to enforce some aggregation. I did this by removing suggestions that clearly would not win so that voters were urged to recast their vote.

If I could assure secure voting I would bet a couple of BTC that your suggestion would not win especially as there is a very well received similar alternative. Still I think adding it now would only make things more complicated.

(will edit op with the sophisticated procedure model above )

You can set a fee for the transfer of your IOUs from one person to another. You can set a premium when you take someone else's IOUs. Charging interest breaks this model though, so we can't support it inside the normal flow of payments. You can, however, achieve the same thing with an issue premium (or a "quality in" in Ripple terms).

See this thread for details on why interest doesn't work:
https://ripple.com/forum/viewtopic.php?f=1&t=1224

The simple reason interest breaks this model: It makes it impossible to compare the value of payment paths. For example, say you get $10 at a gateway but in exchange you lose a $9 debt at 12% interest. Is that a good deal? Well, you can't say unless you know how long that debt would have continued to pay interest.

If you do know how long the debt will pay interest, there's no need for interest at all if you can charge an issue premium. There's a one-to-one correspondence between "$X at Y% interest paid in Z months" and "$A paid in Z months at no interest".

Also, because IOUs are powerful in Ripple, it's not clear who should charge who interest. As an intermediary, you exchange one IOU for another. Presumably you consider these IOUs equal in value (or you are getting a more valuable IOU for a less valuable IOU) otherwise you wouldn't make the deal. So why should anyone pay you interest after an even exchange?

Why doesen't ripple contain contracts on interest rates etc. So I trust XXX for 1 BTC at 5% interest.

dude, it only got one vote. yours I assume

Also "Be Your Own Bank" says pretty much the same but in a cooler and more positive way.


"Digital Gold" is the best slogan anyway, all the other votes were bought I am sure!

I view Trezor precisely as a way for non-technical people to protect their main chunk of Bitcoins, back at their homes, yes. Not as a way to move around your entire wallet and expose it to meatspace dangers frequently.
To walk around with Bitcoins, smartphones are good enough. You charge it with smaller amounts that you could afford to lose in the case of a malware infection, and you're good to go. No extra device to carry, since you'll be carrying your phone with you anyway.

Also ich hab' jetzt nochmal nachgeschaut und festestellt: nächstes Jahr ist tatsächlich 2014, nicht 13 .

Joe

Danke, werde ich im Hinterkopf behalten—denke, ich riskier's einfach mal.

Übrigens habe ich Dir gerade eine PM geschrieben, aber kann sie in meiner outbox nirgends finden (und einen "sent"-Ordner scheint's hier nicht zu geben). Hast Du die Nachricht bekommen? Es geht um die Berlin Bitcoin Conference 2013, aber aus irgendeinem Grund kann ich noch immer nicht dort posten, obwohl ich sowohl mehr als vier Stunden Anwesenheit als auch mehr als fünf Posts habe.

and also check the 365 day chart, quite interesting !

Trésor Stick :-P

http://www.youtube.com/watch?v=Fl8exp-YIGw