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1441  Bitcoin / Bitcoin Discussion / Re: Bitcoin Arrives on Bloomberg: Beginning of Mainstream Adoption? on: August 10, 2013, 07:44:42 PM
It indeed has repercussions beyond what people expect. The whole of Wall Street is hooked to Bloomberg, and if this get on there, it means a pathway to more mainstream adoption.
By the way, Coin Desk covered this too -
http://www.coindesk.com/confirmed-bloomberg-staff-are-testing-a-bitcoin-price-ticker/
1442  Bitcoin / Bitcoin Discussion / Bitcoin Arrives on Bloomberg: Beginning of Mainstream Adoption? on: August 09, 2013, 11:30:00 PM
Bloomberg terminals have been the cornerstone of all financial data throughout the world, and Wall Street cannot run without these terminals. Now, Bitcoin has arrived on these Bloomberg terminals (for employees only at this stage). Is this the beginning of mainstream adoption of Bitcoin, starting from the financial institutions/Wall Street?
Link: http://btcgeek.com/bitcoin-ticker-arrives-on-bloomberg/
1443  Bitcoin / Bitcoin Discussion / Re: JP Morgan Bitcoin trading platform? on: August 06, 2013, 12:59:19 AM
I don't think this is the right time for these banks to gamble on Bitcoin. It isn't as if they add a lot of value to the currency. Even though Bitcoin is a billion dollar market now, I think it still needs the love and nurturing of the enthusiasts rather than pure greed to make money off of this new shiny thing. It needs more adoption into mainstream finance. I doubt banks trading this would provide that adoption. May be a couple of years down the line it might be good for the currency to have some mainstream banks and trading. I could be wrong though.
1444  Other / Beginners & Help / Re: Earn bitcoin solving captcha on: August 04, 2013, 11:49:26 PM
What is it that you are doing for the site by solving capcha that they would want to reward the visitor? Would there be any malware risks from visiting those sites?
I think they use captcha to propagate spam over the internet, making our lives more miserable, one spam at a time.
1445  Economy / Service Announcements / Re: Convert bitcoin to cash for free with Bitcoin-Brokers on: August 04, 2013, 01:11:20 AM
Just to report back, I've had very smooth transactions as a seller so far, and I still continue to use their services. Here's a small run-down of my first transaction:
http://btcgeek.com/bitcoin-brokers-review-buying-bitcoin-anonymously-selling-bitcoin-at-a-premium/
1446  Economy / Gambling / Re: Peerbet.org - Play without house edge! [BONUS FOR TRANSLATORS] on: August 04, 2013, 01:06:46 AM
I am unable to access peerbet for the last few days. Just get a Malware alert and page not found. Is that just me?
1447  Other / Beginners & Help / Re: What is the best way to change bitcoin into cash??? on: August 03, 2013, 04:02:40 PM
I have some bitcoins and now I want to change them into cash or money in my bank account. I located in US and I don't mind if it takes 2 or 3 weeks. I want to know in which way you don't have to pay ridiculously high fees.

I tried to use MtGox to transfer money to BOA, but both ends charge very high fees:
On MtGox side, since I have a US bank, I have to do 'international transfer', which I heard charges ~$40?
On BOA side, every international transfer charges $16 dollars.

So any suggestions on minimizing the fee, both on the ex-change side and the bank side? Thanks!

Or is there any smarter way such that you don't have to pay any fee? Again I don't care if it takes a long time.
Coinbase is pretty decent for US bank transfers. Otherwise, just check out localbitcoins and make an in-person transfer.
1448  Bitcoin / Bitcoin Discussion / Re: How many people have BTC in the whole world today?? on: August 03, 2013, 03:13:11 AM
We need more circulation, not just people hoarding it. That's the only way for mainstream acceptance. Too many people are looking to get rich off of owning Bitcoin when its value increases but its value will not increase if most of it is hoarded. Winklewii, are you listening?
1449  Alternate cryptocurrencies / Altcoin Discussion / Re: Proposal for Alternative Decimal Notation for Crypto Currencies on: August 02, 2013, 01:08:36 AM
Handling of decimal fractions for coins is error prone. I often have to count more than twice the number of zeroes after the dot.

The proposal here is to eliminate the fractional zeros and simply put their count before a symbol.

The result is very concise and improve readability.

Examples:

0.012       becomes 1|12
0.0012      becomes 2|12
0.00012     becomes 3|12
...
0.00000012  becomes 6|12


At a glance, 0.00000124 looks similar to 0.0000124

  BUT

5|124 is clearly different than 4|124
 
The symbol pronunciation is simply "zero(s)".

Example:
  7|8 is pronounced "7 zeros 8" and represent the value 0.00000008

(If the character '|' is not available, then I suggest to use instead a lower case 'z')



I like the idea, although just using m and u for milli and micro isn't too bad either.
1450  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Why Primecoin Price Has Bottomed Out on: August 02, 2013, 01:00:11 AM
How deep could this thread go before someone points out that there's no use for the coin?

That's not true!
Litecoin, and other scrypt coins are absolutely useless.
Primecoin finds prime numbers, which can be useful for science. It also verifies blocks faster than SHA.

Even though I agree with you in spirit, I highly doubt this coin is going to prove useful to science. It isn't even finding the largest prime numbers, FYI. It's finding prime numbers. Period. It can be used in several places, but hardly for the advancement of science.
1451  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] New Crypto Currency BestCoin has arrived on: August 02, 2013, 12:53:54 AM
PREMINED: 30000 coins.

if(nHeight == 2)
{
nSubsidy = 30000 * COIN;
return nSubsidy + nFees;
}

for a coin that gives 1 coin/block, this makes the coin a garbage...

Agree, it is a garbage, this premine is equivalent to 3 mil premine for a 100 coin/block coin, that's huge.

Dev may give out 1% as bonus....

Heavily premined, I'll pass. Hope cryptsy will ban this kind of coins.
+1
+1
+1
Annoying premined copycat scamcoins.
+1
1452  Other / Beginners & Help / Re: ABitBack.com surveys/offers + FREE weekly 1x mBTC bonus. on: July 29, 2013, 12:16:34 PM
I am curious why the payout is significantly lower in BTC than in USD.
1 point = $0.005. At an exchange rate of 1BTC=100USD, that comes to 50uBTC. You're paying only 30uBTC. That's quite a discount to the actual worth of what you calculate to be the worth of 1 point in USD. Is there a reason for this?
1453  Economy / Games and rounds / Re: * FREE 30,000 Satoshi * ABitBack.com Promo Codes on: July 29, 2013, 03:21:13 AM
Username: ruletheworld
Thanks!
1454  Alternate cryptocurrencies / Altcoin Discussion / Re: Poll: Pick your favorite Alt-Coin! on: July 29, 2013, 12:46:26 AM
Just goes to show you how stupid people are here, look at all that shit..... dont you people have anything better to do.....
I agree. People here are pretty stupid to create polls such as this and then there are the stupider people who comment saying how stupid this is. Oh wait ...
You don't think maybe the stupid part is there are over 80 alt-coins currency in circulation?
Why is having 80 alt-coins "stupid"? May be some of them are stupid ideas (hint: they are) but the idea of having more alt-coins isn't stupid. If an idea is stupid, it should die a natural death. The only way to go forward is to experiment with different things. You'll always have innovations as in the case of LTC, PPC, NMC and more recently Primecoin. Who knows which one will end up with the best features? May be none, or may be we need ideas from them all, but when there's innovation taking place, there's got to be more losers than winners. No, having so many alt-coins isn't necessarily stupid (although, again, yes, there are stupid alt-coins all over the place)
1455  Economy / Speculation / Re: Will the end-of-year budget showdown cause the next price spike? on: July 28, 2013, 10:15:31 PM
Doubt it. There were several such showdowns in the past that didn't really affect the BTC price significantly.
1456  Alternate cryptocurrencies / Altcoin Discussion / Re: Poll: Pick your favorite Alt-Coin! on: July 28, 2013, 10:02:38 PM
Just goes to show you how stupid people are here, look at all that shit..... dont you people have anything better to do.....
I agree. People here are pretty stupid to create polls such as this and then there are the stupider people who comment saying how stupid this is. Oh wait ...
1457  Economy / Trading Discussion / Re: Buying and Selling coins anonymously on: July 28, 2013, 10:00:27 PM
I'm looking for an anonymous method available in Canada for both buying and selling bitcoins. Anyone?

You can walk into any major Canadian bank such as TD Canada Trust and make a cash deposit into a bitcoin sellers account with Bitcoin-Brokers. No ID, No need to even use your real name if you are buying the BTC.

Here is a 6700 view thread discussing the service:


https://bitcointalk.org/index.php?topic=237164.0
That's definitely a good service to use as a buyer, although as a seller you don't have the anonymity.
1458  Economy / Service Announcements / Re: Convert bitcoin to cash for free with Bitcoin-Brokers on: July 26, 2013, 03:27:45 AM
Just sent 5 BTC to sell. Time zone differences are always a pain. Hopefully you can find a buyer soon.
1459  Economy / Service Announcements / Re: Convert bitcoin to cash for free with Bitcoin-Brokers on: July 25, 2013, 02:58:11 AM
Just created an account and contacted support to sell some BTC. Will update with my experience.
1460  Economy / Service Announcements / Re: CoinAd.com, a Paid-To-Click that pays you in Bitcoins! on: July 25, 2013, 02:34:22 AM
There's something weird going on.

Yesterday, between 22:25 and 00:03 zero users registered.
Today, between 15:43 and 17:17 the same thing happened.

This is the first time there isn't a single new account for over an hour, there's usually between 3 and 9 new users every hour.

Is anyone having problems creating accounts?
I am. No email sent to my email (gmail) so I couldn't register. Using the same username as my forum username. Can you please check? Contacted support as well.

Edit: Just got the email - was really late. Probably that's the reason?
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