Hello, been having issues all morning with this. Trying to get opencart to display the product price in USD, but have it float based on the exchange rate of BTC to USD. Basically as an example have an item in my store thats selling for 39USD, but in the backend i put in 1BTC for the product price. So that when the BTC rate fluctuates to lets say to 40USD, the item price in the front end would automatically change from 39 to 40USD.
Does that mean you are already using the OpenCart Bitcoin payment module? If so, this variation might require an update (or fork) to add that direction (i.e., price at a fixed BTC, but displays USD determined dynamically based on the market rate.). - http://en.bitcoin.it/wiki/OpenCart_Bitcoin
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We could put the money together simply via Bitcoin or use a website such as Kickstarter.com or Bitcoinstarter.com.
Or ... If you've designed a game that you wish to be fueled in nestorbooster, follow these simple steps: - http://www.nestorbooster.com
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For example, I just gambled 1.6 on 50% but it got double spended. And thus it has become an invalid bet. SatoshiDICE only guarantees the payouts it makes will confirm if your wager confirms as well. So your bet to them ended up being invalid. I won and got 3.2 btc back, but that transactions is also double spended. Yup, that will never confirm if it ended up being a double spend. Why is this? Somewhere you got paid some funds, and then your client let you spend those funds. There's a tradeoff. Should a client restrict you to being able to spend a transaction only after it has confirmed? Most people want the freedom to transact however they please, and that includes spending funds just received even though there are no confirmations. That's because they generally can trust the party that sent them the payment being spent to not ever try and pull a double spend against them. So you need to look at who sent you a payment that ended up being a double spend. Odds are that it was SatoshiDICE that did that to you. They could remedy this because when they need to draw from their own wallet for a payout they could do coin control to include only funds which have six or more confirmations. For whatever reason it appears they aren't doing this and instead are paying out with funds that have no confirmations or maybe one confirmation even and end up getting double spent. And what does it mean? Will it recieve confirms and the double spend will go away or what? If you have a wager that confirms but the payout included a double spend, it may take a while (e.g. a day or so) for SatoshiDICE to send out another payout to you. But an external audit of SatoshiDICE using just the data in the blockchain (plus their list of secrets) will reveal any payouts that still haven't completed so to-date in nearly a year since SatoshiDICE's launched there has not been a single payout that hasn't been properly made except for possibly the most recent wagers (e.g., last couple days at the worst) which SatoshiDICE ends up fixing at some point. But your later bets that included that bogus payout are bogus bets as well. Using a client that better protects from this (by requiring one confirmation before a coin can be spent), such as Bitcoin-Qt, might be a better approach for you. (Of course, not gambling with your coins is another remedy.)
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is it zero problems,
Blockchain.info/wallet is a hybrid EWallet. This can mean different things but with Blockchain.info this means that the private keys are kept locally in your browser but an encrypted copy of your wallet is stored on Blockchain.info's network (technically, also backed up on Amazon S3). But to use the service, they need to be operational. There were a couple periods of extended downtime last month -- in which nearly a full day passed where access to the service was not possible. Those with a copy of their wallet backup could easily load the file into either Multibit (or Electrum too I think) and continue to use the wallet. But many people didn't have their Blockchain.info/wallet accounts configured so that backups get sent after each change to the wallet occurs. So they couldn't do anything when the service was down. The other type of EWallet is a hosted (shared) EWallet. This is what Mt. Gox offers, as does Coinbase, Instawallet, Paytunia, bitZino, etc, . With a service like this, you are 100% dependent on the EWallet provider remaining operational. Just like you don't carry all your physical cash in your wallet in back pocket (you keep some in the bank, some maybe in a safe or hidden "under the mattress"), the same goes with bitcoin. For long term storage, a cold wallet (paper wallet even, created offline) for savings, then a web and mobile app (e.g., Blockchain for Android) for spending, and maybe a hosted (shared) EWallet so that you have some coins accessible as an alternative should blockchain.info/wallet be undergoing maintenance, for example.
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Anyone in Thailand buying or selling BTC for THB?
Chicken and egg problems are resolved once either one emerges. Be the egg. (or be the chicken, doesn't matter which). List an ad on LocalBitcoins and get some trading started: - https://localbitcoins.com/country/TH
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What is the best,safest,cheapest way for an American to convert BTC and LTC back to USD and get the cash back into my hands?
The factors that matter for any cash-out decision are: - Where are you located (country)? [You mention USD and America] - How much are you looking to trade? - What type of cash are you looking to receive? - How soon do you need access to the proceeds? - Is privacy important? In the U.S., there are many methods where a bank account linked to Coinbase is a fairly quick and inexpensive method (1% fee): - http://www.Coinbase.comNow, "cheapest" is relative to the exchange rate you can get. At this current moment there are more cash buyers on BitMe and BitFloor than there are sellers. So you can get a premium for selling on these exchanges. Both provide an ACH (bank transfer) withdrawal method. Camp BX is another exchange with good rates and there you can withdraw to Dwolla, and with a bank account linked to Dwolla you can withdraw from there to your bank account. If you want cash in-hand, then LocalBitcoins is probably going to work best for you. You may need to sell at spot rate or below even to attract a buyer, depending on your local market: - http://www.LocalBitcoins.comMany of the cash-out options are listed here: - http://en.bitcoin.it/wiki/Selling_bitcoins
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The 50,000 BTC pizza guy must really feel good now. No billionaire in the world ever had a 2million dollar pizza! It was 10,000 BTC and it was an order for two pizzas (and thus technically only 5,000 BTC per pie). I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. [...] If you're interested please let me know and we can work out a deal.
Thanks, Laszlo
But that's not the interesting part. The interesting part is that three days had passed and still nobody took Laszlo up on the offer: So nobody wants to buy me pizza? Is the bitcoin amount I'm offering too low?
Remember, that was less than three years ago. if it was Little Ceasars, then he really got screwed.
A little better ... it was Papa John's: - http://heliacal.net/~solar/bitcoin/pizza/
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Lol, March, April, June and September futures are all cleaned out of offers, presumably all lifted.
To be fair the April, June and September BTC/USD futures were just recently added, so they had almost no depth to begin with. This has been a "rip your face off" rally though, if you were on the wrong side.
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But there is another one, when was the last major hack/theft/lie ? Probably the most recent significant exchange scam was the BitMarket.eu one in which the operator claimed funds were lost because he was using them for speculating on Bitcoinica when it got hacked. List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses - http://bitcointalk.org/index.php?topic=83794.0No bad news stop to drive the price down therfore fuelling the rocket Bad news anywhere in the bitcoin ecosystem (like yet another exchange where customers funds were lost) causes a decline in confidence, even if bitcoin itself wasn't where the flaw lies. There will continue to be bad news every once in a while, but there seems to be an exponentially greater number of developments that are good news So the ratio of "oh noes" to "that's awesome" continues to decline. Those just aren't a big deal and impact few ... like did you even know that miners at BitLC.net mining pool can't access their funds or that FXBTC.com (an exchange in China) claims to have been hacked?
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Or if you currently have MTGUSD, that can be withdrawn as a redeemable code which can be used elsewhere, such as on Bitcoin-24 (and thus other withdraw methods might work better for you, such as Moneybookers/Skrill) or maybe with another ... like maybe ECurrencyZone which has with a few more banking withdraw methods. Where are you (country)?
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BitLC.net Feb 13, 2013 Currently I have no other option but to come clean about everything, - https://www.bitlc.net
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The market cap has increased by that much, but 200m$ wasn't bought on the exchanges, just a touch over a million dollars
It would be nice if Mt. Gox were to release another one of their "Transparency" reports. The last one (August 2012) reported roughly about $5 million in deposits (in some 30 day period) and from the publicly available trading volume numbers for July there was trading about $25 million traded at all of Mt. Gox over the same period. So if that ratio were to continue today (even assuming 100% of those deposits were new inflows to make purchases, like buy and hold, of bitcoins then there are inflows of 1/5th of the trading volume. In February there was under $50 million USD worth of trades on all Mt. Gox markets combined and Mt. Gox represents maybe 80% so, let's say there was $60 million USD of trading on all markets in February. If that 1/5th metric holds (a big if, but it is all I got to work with), that would mean there was only $12 million of new buying needed to increase the exchange rate from $20.51 to $33.38, or by about $140 million increase. So put another way, an inflow of just 5% of the previous value of all bitcoins resulted in a 60% increase in the exchange rate. And thus a $200 increase in the exchange rate took only $16 million of new buying. That's not to say these cash inflows are not significant but what isn't being appreciated is that this $200 million in increase in total dollar valuation/TDV ("market cap" is a misnomer) will vaporize when all these people who in aggregate believe they can tap into this $200 million of wealth and the majority of it simply never existed, Which makes the old saying even more timely ... nobody ever went broke taking a little bit home.
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hey yall
im wanting to know if its possible to add a wallet i have on a site that i signed up to to my Qt wallet and be able to send and receive from the wallet i got off the site i was using?
If the site is a hosted (shared) EWallet (e.g., Mt. Gox, Instawallet, bitZino, etc.) then no, you can only send a payment (or request a withdrawal, however they describe that feature) from that EWallet to an address from your own Bitcoin-Qt wallet. If instead this site is a hybrid EWallet (e.g., Blockchain.info/wallet) then you can export the private keys from that service and import those keys into Bitcoin-Qt. It takes some command like skills but it is technically doable and fairly straightforward. So to summarize, when you have funds with a hosted (shared) EWallet service you are ceding control over your coins to the operator of that service. You have and account there and can request a withdrawal but you have no direct access to the funds in the account. When you have funds in a local wallet (e.g., Bitcoin-Qt, Mutlibit, Electrum, Armory, etc.) or a hybrid wallet (Blockchain.info/wallet), or mobile app Bitcoin client (Blockchain for Android or iOS, Bitcoin Spinner, Bitcoin Wallet for Android) then you and you alone have control of the bitcoins.
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This is very natural due to the clear uptrend of price development. Soon those merchants who are willing to accept bitcoin will find out that they barely even receive an order with bitcoin payment Not because the price is going up though, but because the level of commerce started out small and growth comes gradually. The exchange rate has nearly tripled in 60 days, but gaining three times as much economic activity will maybe take half a year or perhaps some other much longer period of time. But the desire to use bitcoins for spending is there. For instance: We opened the site up at Midnight EST last night, and by 9am EST we had over 100 of you place orders. By noon, that number exceeded 200 orders [...] We brought in so many unexpected orders, so quickly, that we had to temporarily remove the ordering function!
- http://www.reddit.com/r/Bitcoin/comments/19oqir/
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...what happens when an economy comes into play? With all these new merchants starting to accept bitcoins, and the push for an economy, once they are actually being circulated what happens to the price?
It is likely that the current level of speculative interest is betting on there being many millions of dollars worth of transactions from bitcoin merchants occurring each day. We are yet many millions of dollars per day worth away from that occurring. i.e., Gaining significant traction doesn't necessarily boost the exchange rate further, it simply validates that this current valuation level was warranted. And if bitcoin doesn't reach that level of economic activity, and hope is lost that it will anytime soon thereafter, then this current valuation is too hot. Or, bitcoin hits the target of doing many millions of dollars worth of transactions per-day (e.g., $5 million per-day is nearly $2 Billion in economic activity per-year), and the expectations then become that it will grow to a target ten times that. Then that's when the current valuation is nowhere near grand enough. At some point here there needs to be a sanity check, like maybe a formal analysis on how much BitPay and WalletBit are really doing and extrapolating from there how far short Bitcoin still is versus the $5 million (or whatever) a day of economic activity target level.
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Thank you Stephen that's very interesting, and troubling.
Where has all this additional regulation come from Mostly from the Great Depression: - http://en.wikipedia.org/wiki/Securities_Act_of_1933as I gather from what is being said here it seems to be a recent thing over the last few years. Less than a year and a half ago there was great hope because the House of Representatives had passed the Entrepreneur Access to Capital Act. Then it went to the Senate where much of the good and useful changes were stripped. The end result was passed as part of the JOBS act and signed into law in April 2012. Then it went to the SEC for rulemaking. It's like Lucy pulling the football yet once again just as Charlie Brown goes to kick. Here's some more discussion of it: - http://bitcointalk.org/index.php?topic=73858.0Is it direct from government or coming via some lobbyists group? Yes. [i.e., the lobbyists that control our government.]
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Is that Red & Blue game just pick a spot, click your spin (red, blue, or both), then you either win or lose? Or is there something more to it like minesweeper or something where each consecutive roll builds off the results of a prior roll?
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Anyone had any issues withdrawing from Bitino? I sort of had a big win and when I go to withdraw, I get nothing. My deposit has 10 confirmations. At the bottom of the site it shows the contact info: - support@bitino.comYou could also try to PM the OP of this thread: Play Hi/Lo Card game. Win Bitcoins (our first BitCoin App) - http://bitcointalk.org/index.php?topic=148991.0
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The way I did it before was I would just pick the moneygram option on Bitinstant and go to CVS and give them the money. I'm looking for a similar method.
Ziggap accepts Western Union for purchase through their service: - http://www.Ziggap.comThere are cash deposit methods in many countries, including the U.S. (BitMe allows cash deposit through Chase bank, BitFloor allows cash deposit through Bank of America), Canada, Australia, and others. The factors that matter in order to give you the best answer include: - Where are you located (country)? - How much are you looking to buy? - What payment methods do you have available? - How soon do you need access to the proceeds? - Is privacy important? A fairly comprehensive list of options is compiled here: - http://en.bitcoin.it/wiki/Buying_bitcoins
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