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1761  Economy / Economics / Re: When People loose their wallet, do Bitcoins get lost forever ? on: April 09, 2011, 12:36:11 AM
1. Let's assume that many people will over time loose their Bitcoin Wallets, because computers crash, people forget the few coins they had, or don't bother, or other disasters happen. Does that not mean that in the end we have less and less Bitcoins ? Ok, some of you will answer that the 8 digits after the comma will provide the flexibility to turn even a million into a multiplesomethingquatrillion, which brings me to the next question:

Right, as Bitcoins are lost, the rest of them will gain in value and therefore can be divided in smaller and smaller increments.

2. I tried to transfer today 0,00000001 Bitcoin from my Bitcoin Client on the Mac to MyBitcoin.com but it only takes minimum 0.01 BC, reverse the same when trying to transfer from MyBitcoin.com account to my BC Client > "Payment amount is too small for a Bitcoin P2P payment! Try a BC0.01 or higher!"  So where are actually the promised 6 more digits after the comma ?

It's limited in the client but not the protocol itself.

3. I got this generus 0,05 BC from this starterpage, and I still can see the transfer in my BC-Program. What only puzzles me is that that deal which was 2 weeks ago is already aproved over 3000 times and continues to be approved more. Aren't so many approvals a waste of computer calculations ? I mean there could be a lid on the ammount of any deal to be approved.

The number of confirmations simply represents the number of blocks that have been generated since it occured. It's not some kind of process that's being repeated over and over again. There is no cost for extra confirmations.
1762  Economy / Marketplace / looking for third party payment processors on: April 08, 2011, 10:02:58 PM
I run www.bitcoin2cash.com and I only accept cash-by-mail. I'm looking for someone that wants to process different forms of payments and send me the cash. This will enable my service to support multiple forms of payments and allow you to make a profit by charging a transaction fee. I will link to your service from my website so my customers will know that we have a relationship. Please let me know what kind of payments you can accept; credit card, paypal, wire transfer, check-by-mail, etc.
1763  Economy / Marketplace / Re: [PROMOTION] Get 5 BTC and 5 USD for joining Bitcoin2Cash! on: April 08, 2011, 09:51:37 PM
120842 Can I still get the promotion?

Oops, that's the testing account! I had it set in testing mode but didn't put it offline. Log in again and you'll get a real account.

There are 6 slots left now.
1764  Other / Off-topic / Re: So, anybody else play World of Warcraft? on: April 08, 2011, 09:09:49 PM
I play runescape if that counts Tongue I'm lvl 22 atm.

Runescape? Nah, Tibia is where it's at!  Cheesy
1765  Economy / Marketplace / Re: MTGox and dark pool on: April 08, 2011, 09:07:12 PM
I have no opinion on whether dark pools are "good" or "bad", whatever that means, but as the operator of a market, my number one goal is transparency. When people place an ask or bid, I want them to be confident that they have all the information that is currently available. Whatever asks or bids are placed later are a different story. I can't control that. The bots are welcome to do their thing but out in the open.
1766  Economy / Marketplace / Re: [PROMOTION] Get 5 BTC and 5 USD for joining Bitcoin2Cash! on: April 08, 2011, 08:26:00 PM
Just registered:  913730

*EDIT*

Well that was short lived... I can't seem to get back to my account either.  I used the same OpenID URL I used the first time, but it keeps assigning new accounts every time I try to login.  I was using my Google account if it makes any difference.

Any ideas?

Alright, I've fixed the problem. It shouldn't do that anymore. Login again several times and verify it please.
1767  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 07:06:42 PM
You were not trying to mail out cash (only receive it) until now.

The name of my business is bitcoin2cash... bitcoin to cash... you turn bitcoins into cash... you give me bitcoins, I give you cash... by mail.

Here's the google cache as evidence: http://webcache.googleusercontent.com/search?q=cache:f00HWY8tmVAJ:bitcoin2cash.com

If you don't know what you're talking about then don't make wild assertions. It only makes you look ignorant.
1768  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 06:45:11 PM
I can't think of any way to be sure that he is doing any trades.

How about, doing a trade?
1769  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 06:27:06 PM
Then you have no business giving anyone advice on how to run a business. That's an unnecessary risk which is not the kind of thing an entrepreneur should be doing.

I have ran many large corporations in the past and I've studied law for many years. I'm not a charlatan.

I didn't say you were a charlatan. I just said you're taking an unnecessary risk and that's not the kind of thing an entrepreneur should be doing. I'm glad you've studied law. Next, you should study business.


It's only unnecessary if I don't mind putting my personal assets at risk for lawsuits or debts, which I do.

An 'anonymous' customer isn't going to sue and reveal who they are. They are going to complain in public.

When someone uses your service to purchase drugs from Silk Road, expect the police... eventually. (Investigators always follow the money.) Your LLC will not help you at all in this case.

In the highly unlikely event that you do end up in a legal battle, the profits from your service will not cover the legal fees. You'll end up paying them out of pocket anyway. So much for protecting your personal assets, as you'll end up spending them voluntarily.

So because I may or may not voluntarily spend my personal assets therefore I should open myself up to involuntarily losing my personal assets? That's ridiculous. The point is to mitigate or mimimize risk. As an individual, I would be forced to fight a legal battle with my personal assets or get a default judgment and lose my personal assets. As an LLC, I could opt for the default judgment, close the business down permanently and still keep my personal assets.

The longer you talk to me the more it's obvious that your advice is worthless at best and harmful at worst. Please, just stop talking to me. You're advice is unwanted and unneeded. Thanks.
1770  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 06:26:43 AM
Since you've been doing this for a year, don't you already have a good feel for what's involved and what's a reasonable price?

Not really since all of my trades except for a few people testing the waters were over hundreds of dollars and took place about every other week, the maximum being $1000 at once. This is going to be more of a high volume service (hopefully). However, now that I see that the weak point in my business is the fee, I'll lower it for promotional purposes to $5 (which means people that got $5 in the other promotion will get one cash withdrawal for free), possibly lose some money for a little while but then change it from there once I figure out something that isn't losing me money.

Thank you and thanks to everyone else that's given me constructive input and been humble about it rather than kicking sand in my face.
1771  Economy / Marketplace / Re: [BUYING] Crysis 2 on Steam for 85 BTC on: April 08, 2011, 05:09:05 AM
Sounds great I'll do it I guess PM me with your steam ID and we can get this show on the road.

Let's do it by email address rather than steam ID please. My email is already public knowledge.

Ok so sales@bitcoin2cash.com correct?


Yes, sir.

Ok sent it when it all checks out I'll give you my address and if you don't mind if you have the time can you post that you had a successful transaction in http://bitcointalk.org/index.php?topic=484.0.  Been lurking a while and figure it's about time I build up some rep.

I received it. I am downloading it now. I think it automatically added us as friends. I didn't know it would do that but that's cool.

Please give me your address, thanks. I will leave feedback as well.

ok my address is 12q9s9TUtp5oacgLnekWWhZ45of8Z5BimQ.  Feel free to defriend me if you want but feel free to leave me always looking for more people to play with on steam.

Sent.

http://blockexplorer.com/address/12q9s9TUtp5oacgLnekWWhZ45of8Z5BimQ

Thanks a lot!
1772  Economy / Marketplace / Re: [PROMOTION] Get 5 BTC and 5 USD for joining Bitcoin2Cash! on: April 08, 2011, 05:04:25 AM
910057
Thanks!
I'd be modifying the terms of the promotion so that not only did the account have to be registered before the post, but that it had to have had at least ten posts.

I wonder how many other non-used accounts there are, and who they belong to.

Well, I only have 10 slots left so it's probably not worth the bother at this point.
1773  Economy / Marketplace / Re: List of honest traders. on: April 08, 2011, 05:02:33 AM
+1 demonofelru (bought a game on steam from him, went smooth as silk)
1774  Economy / Marketplace / Re: [BUYING] Crysis 2 on Steam for 85 BTC on: April 08, 2011, 04:54:04 AM
Sounds great I'll do it I guess PM me with your steam ID and we can get this show on the road.

Let's do it by email address rather than steam ID please. My email is already public knowledge.

Ok so sales@bitcoin2cash.com correct?


Yes, sir.

Ok sent it when it all checks out I'll give you my address and if you don't mind if you have the time can you post that you had a successful transaction in http://bitcointalk.org/index.php?topic=484.0.  Been lurking a while and figure it's about time I build up some rep.

I received it. I am downloading it now. I think it automatically added us as friends. I didn't know it would do that but that's cool.

Please give me your address, thanks. I will leave feedback as well.
1775  Economy / Marketplace / Re: [BUYING] Crysis 2 on Steam for 85 BTC on: April 08, 2011, 04:45:44 AM
Sounds great I'll do it I guess PM me with your steam ID and we can get this show on the road.

Let's do it by email address rather than steam ID please. My email is already public knowledge.

Ok so sales@bitcoin2cash.com correct?


Yes, sir.
1776  Economy / Marketplace / Re: [BUYING] Crysis 2 on Steam for 85 BTC on: April 08, 2011, 04:43:11 AM
Sounds great I'll do it I guess PM me with your steam ID and we can get this show on the road.

Let's do it by email address rather than steam ID please. My email is already public knowledge.
1777  Economy / Marketplace / [CLOSED] Buying Crysis 2 on Steam for 85 BTC on: April 08, 2011, 04:34:23 AM
If you've been registered on these forums longer than I have, I'll send first, assuming you have a decent posting history and aren't using some newly resurrected account. I'll also buy it for 90 BTC if you send first.
1778  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 04:14:48 AM
The funniest part is that I've already been in business since July of 2010. This is just a site redesign. It's not really a new service other than the automation. I've been sending/receiving cash for quite a while now.

Here's proof: http://bitcointalk.org/index.php?topic=1303.msg17158#msg17158

Maybe I shouldn't have said anything but I can't, in good conscience, let you take nanaimogold's money like that. Unless of course, it's me doing it.  Cool
1779  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 08, 2011, 03:49:11 AM
You meant 5000 BTC, not 50 BTC right? *cough*Igotyoucovered*cough*
1780  Economy / Economics / Re: How to fix bitcoin on: April 08, 2011, 03:04:27 AM
What is to prevent someone making a clone of bitcoin and calling it bbitcoin.

First-mover advantage.
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