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181  Economy / Service Discussion / Re: funding mtgox GBP on: March 16, 2013, 01:59:04 AM
Does anyone know what Mt Gox were paying Barclays per transaction (FPS / BACS)?  Was it 20p per transaction, or was it zero?
If it was a business account, anything from zero to £1.20 depending on volume, account type, account age etc
182  Economy / Service Discussion / Re: Mt.Gox not pay real money WARNING!!!! on: March 16, 2013, 01:48:47 AM
member knows a better way for me to get it into bank/paypal without me loosing £5 I would happily give them £5.
Sell them to a person not an exchange, in person at first, spend the fiver on a pint Smiley
183  Economy / Service Discussion / Re: SatoshiDice And the root of all evil on: March 16, 2013, 01:46:12 AM
Maybe he means the voices.  Lips sealed
I asked them, the voices said No...
184  Bitcoin / Bitcoin Discussion / Re: Eventual size of blockchain? on: March 14, 2013, 02:21:58 AM
No one needs more than 640K.
I only just found out computers did colours - I thought everything was supposed to be green-on-black Smiley
185  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin Price Action on: March 14, 2013, 02:19:05 AM
Can all good cryptos win?
Only those that get widespread adoption as "accepted" for purchase of goods/services, and are readily exchangeable for other currencies (of any type)
Otherwise they're just "bits"
186  Bitcoin / Bitcoin Discussion / Re: Should the bitcoin community ban the Satoshi Dice filter patch? on: March 14, 2013, 02:16:17 AM
Are we really going to go down the road of deciding who can and cannot use bitcoin?
I recently moved to a new laptop following a fatal hardware issue.
Install bitcoin, started d/loading the block chain over 2 _days_ later I was sync'd again.

Knowing in excess of 80% of that is SD when it's not a service I use or care about is annoying.

Now scale that up to more common acceptance of bitcoin - and people wont bother

There are only 2 solutions to ease adoption
# initial blockchain d/load has to be better handled, like a set of "hubs" with everything to X date in a single downloadable file - with the appropraite hashing/cross-checks to other "hubs"
# limitation of the blockchain to what needs to be in it - servcies like SD woudl work perfectly as well with an "account" based system like every other gambling site
- this benefits them - people leave their money in the gambling site(s) rather than constantly withdrawing it - means more of it to gamble
- this benefits everyone else - as it will limit the number of "public" broadcast transactions

Win-Win as they say.

The problem is not SD, how the hell is bitcoin going to scale to meet massive use if we can't handle a single company?
Coins change hands many many times before loss/destruction/sitting in a jar forever.
This _should_ be no different for bitcoin

Sadly the current system is equivalent to everyone having to carry about a photograph of every coin ever exchanged - there are of course benefits - but it's also a problem.
187  Bitcoin / Development & Technical Discussion / Re: [SOFT-FORK] Bitcoin fork "No Forced TX Fee" v0.7.2 avaiable on: March 14, 2013, 02:03:37 AM
I'm confused by this thread. I thought the fee was always voluntary anyway... ?

Nope, it is not voluntary if the mainline client's algorithm decides so.
I've no issue with enforced fees, but using the standard windows client, doing some testing with bitcoin, have paid more than 5 times the transaction value in fees - somewhat disproportionate - makes it just like a bank Wink
188  Economy / Marketplace / Re: So you think you're going to start a Bitcoin business, right? on: March 14, 2013, 02:01:49 AM
Five years later, A is singing her first paid engagement (not quite an established Opera house, but certainly a start) and B is a juvenile delinquent. As far as A is concerned, obviously B never had a shot to begin with: didn't work his voice, didn't practice, didn't X Y Z. As far as B is concerned however, A just got a lucky break, possibly cause she's white. Or a girl. Or whatever else. B doesn't even know about the X Y Z.
Pure genius Smiley
189  Economy / Service Discussion / Re: Post which bitcoin host you have used! on: March 14, 2013, 01:59:45 AM
There are many hosts taking bitcoin already
* astutiumRob waves Cheesy

We added bitcoin as a payment method for domains, hosting and servers on client request, as many customers are also miners - nothing but praise for bitpay and the ease of integration.
190  Economy / Service Discussion / Re: BitBillions New on: March 14, 2013, 01:57:10 AM
just that the people already in will get more revenue share.
Which is typical FUB used to get people to sign up to pyramid/mlm scams

I'm not sure which is more worrying - that people still think pyramids are going to net them millions, or that there are still people stupid enough to join them.
191  Other / Beginners & Help / Re: Newbie restrictions on: March 14, 2013, 01:46:53 AM
I need to keep making posts. Sigh.  Smiley
Finding 5 things to answer/talk about in the newbie section without being spammy - harder than finding your first block Smiley
192  Other / Beginners & Help / Re: Introduce yourself :) on: March 14, 2013, 01:24:48 AM
Actually I been thinking about spotlighting my sack
Surely just 1 LED would do ? Shocked
193  Other / Beginners & Help / Re: Help, my coins are in in limbo on: March 10, 2013, 07:40:04 AM
Or is it more of a philosophical thing based on the original
intention that addresses aren't used over and over by the
same user

I have multiple addresses (each with a different purpose), and they get used over and over just fine, your issue is specific to the way your wallet provider system works.
194  Other / Beginners & Help / Re: how to generate cool addresses like 1diceXXX on: March 10, 2013, 07:32:37 AM
or 1koolkidyeahawesome
That's likely to take a lifetime to create ...
195  Other / Beginners & Help / Re: Easiest way of gaining bitcoins? on: March 10, 2013, 05:34:27 AM
Easiest is to "swap" your spend-it-anywhere currency for some spend-it-someplaces bitcoins
196  Other / Beginners & Help / Re: How many posts do I need to make before I can post on other boards? on: March 10, 2013, 05:32:04 AM
How many posts do I need to make before I can post on other boards?
Five.
197  Other / Beginners & Help / Re: Pre-generating and using large numbers of addresses seems to be impossible on: March 10, 2013, 05:26:19 AM
Are there any tools that will enable me to generate a large number of addresses that will be recognized in my wallet by the official client?  I am pulling my hair out here.
Low-tech method is get the windows bitcoin client and just click "add" as many times as you like Smiley

Slighly more high-tech is to use https://bitcointalk.org/index.php?topic=34028.0
198  Other / Beginners & Help / Re: New to forum, love bitcoins, want to start webhosting with bitcoins on: March 10, 2013, 05:04:58 AM
I am shooting for:
* Anonymous and quick sign-up where we take your email and name, and if you want extra optional security a mobile cell phone number.
Then you pay with bitcoins, it's confirmed and you're done son.  No stupid paypal billing agreements, nothing.  Just sign up and you get what you're promised for that period.
Whilst I understand the claimed  link between anonymity and bitcoin, not having the details of clients and yet providing hosting to them is asking for law-enforcement to turn up at your provider and have the VPS pulled from the 'net

199  Other / Beginners & Help / Re: Newbie restrictions on: March 10, 2013, 05:02:36 AM
Great - I spend 15 minutes writing a long answer to the post about bitcoin taking over from all fiat currencies, and on submit get redirect here due to having only a few posts Sad

A popup on the homepage would have saved a lot of grief !
200  Other / Beginners & Help / Re: 7 thoughts on Bitcoin on: March 10, 2013, 04:54:15 AM
If you buy yen for gbp, yen value goes up, gbp goes down

Go and try that at your local amex ccy exchage - change all your USD into XYZ - see if they change the price ... they dont.

At some point so much will be invested in bitcoin that it's value will be 51% of the known global economy
If every bitcoin possible was already mined, at todays value, it'd add up to the debt of Mexico, under 1% of the global economy

The illegal drug market is the 3rd largest industry in the world, if major players in this realise the power of bitcoin
Professional criminals employ people much more clued-up than you about all of this - they're already using bitcoins

When the world economy is primarily bitcoin
Right ...


would a few miners running at home make enough to substitute the basic costs of living
No.

you could tell/convince your boss to pay you in bitcoin by saying something like "hey, if you want to save money, pay me xx less, but pay me in bitcoin" because you'll be saving xxx from not paying tax for your government
Income is (in most countries) still taxable, irrespective of the payment method.

the bitcoin doesn't need to be registered anywhere
You do understand that every bitcoin transaction can be tracked ?

he's just paying you less now.
No, he's just paying you in a different way.

Because the people won't be paying tax for the government
Is there a special name to this magical world ?

7. End of Inflation: When only bitcoin exists in the market inflation will end.
As the value of bitcoin changes over time, it has an "interesting" relationship to inflation - if you can buy all the ingredients for a loaf of bread for 0.0001 BTC and you sell the bread tomorrow for 0.00011 BTC (making 0.00001 profit or 10%) what will you do when to repeat the process now costs you 0.0002 BTC due to the change in value ... it's still "inflationary" ...
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