GLBSE + Bitcoin or even just BTC/USD exchanges are a great way to learn about markets. So much better than "pretend you own this stock magically and we'll see if it goes up or down" which is how 'investing' was taught to me.
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Using a frozen exchange rate will expose the company to losses by adverse selection. When the rate improves for the user they will/could go to another merchant and only use this company if the rate moves against them. Like you said you can limit it, but then the service doesn't work for the user when it matters most.
You could have the sender send directly to an address given to the receiver that corresponds to some code the receiver can use only for getting local currency in the amount fixed at time of bitcoin transfer.
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SealsWithClubs.eu has a free tournament every hour with .05BTC as a prize. Sometimes there are free tournaments with larger prizes.
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www.btcLottery.com is back up. The weekly Pick 3 Lottery. Always 100% Anonymous and Transparent. Its was sold at auction and re-launched under New Management. Great List. btcLottery moved to online! bitZino added! Myriad Coins added! You are quite fast.
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Myriad offers flexible bets. You enter the amount you want to bet and the amount you want sent if you win and it offers you odds. You can accept the wager by sending payment. The max bet, win amount and effective fee (lower odds than 'fair') depend on how much is in the wallet. We're testing with real money, but a smaller wallet for now. Because the effective fee is determined by the percent of the wallet you are trying to win the fee will be higher now for the same wager compared to after the wallet is fully loaded up. The games are cryptographically provably fair. We use sha256 to hash [junk, timestamp, our guess] when you first hit the site. After the wager is completed we reveal [junk, timestamp, our guess] and you can check that the guess is the one we committed to at the time you came to the site. Since wins are determined by how close your guess is to ours you don't need to worry about how we select our guess. Please give feedback! And ask questions if anything is unclear. MyriadCoins.comMax bet has been raised! Right now you can bet .01 to win 19.70!
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The software use to load right for me, now when I log in and press play now, it doesnt load. The Seals with Clubs Brand just comes up.
What am I missing?
When was your last successful login? Have you tried another browser? Do you have another computer to try? Have you installed anything recently that might block a port?
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Sometimes the unique table with the lowest entry is full. Why don't make another one?
However, sometimes a player come and play with only 10 chips. Do sealswithclubs give 10 chips free sometimes? And how can I have them? Or it's a choice of that user?
There are duplicates of the popular ones and I'll make more if you need a particular one. Auto spawning tables is on the wishlist. We did used to give 10 chips to new accounts and one table has an extra low buy in because of that. Maybe that should be changed, it isn't normal to be able to buy in for that few blinds. So yes, choice of the user for now.
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I'd still like about 500 more shares of FZB if anyone is interested, paying 1.5% per month, plus transfer fees, plus any dividends.
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Vandroiy, I'm sorry to nitpick but I wouldn't label Bitcoin fair. It's actually highly unfair to those who do not have cheap electricity, or who don't have a high end mining hardware, or to those who don't know how to secure the use of the Satoshi client being forced to use and pay fees of ewallets, or to those who were late to hear about it and were forced to pay higher exchange rates for a lower amount, ect.
I think the word that's better suited for what I assume you meant to convey is honest. Bitcoin is truly honest in the sense that it's piratically impossible to counterfeit or doublespend or chargeback or break any of the other rules governing it no matter who you are.
It's fair in that it treats everyone by the same rules. The fact that people bring different resources could be interpreted as an unfairness in the world, but not Bitcoin.
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Tomorrow we head back for more discussion and testing. I'm also meeting up with Frank from VirWox.com and may even get to fly a small plane! Will it also be the size of a CC? Thanks for the update!
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If we were going to sell your personal information to a law enforcement agency, it probably wouldn't be to the American Drug Enforcement Administration. We would make much more money selling it to our local Tokyo Metropolitan Police, since we wouldn't be losing any money on the currency conversion. Lol
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Require that payout lock be activated before 2FA is activated, and then you can send the remaining funds to that address and delete the account if there is a problem.
This might be annoying if someone wanted to keep their stats and workers, so maybe there could be a way to export the current config and/or stats and re-import to a new account maybe.
You could even keep the same account with the rule: after funds are all sent to locked in address (plus waiting period?) you can turn off or reset the second factor.
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Hi there, as i am new to this whole thing i wanted to ask you if you know any ISP which offers Domain Name Hosting (Just DNS and Registration) for btc. As far as i figured out there ist Kalyhost.com but most people in the forum say they are not good. There have been a few other Hosts but they only offer Domains WAY to expensive (.com for 20USD? No way!) I do not need any anonymization or stuff like this. I want to be Owner and Admin-C of the domain by myself. Any suggestions? Thanks a lot Don't use kalyhost. I think micro-tronix is good. I paid about $16 worth of coin for a domain, but I just clicked all the extra stuff, I think the base price was 9-10 USbucks.
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Won't someone think of the walls?! Can anyone stop?!
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It seems some angel and venture money is starting to come into play. When that is common I'd bet that some realize that their project and the 'inside' knowledge they have about it means bitcoin will be more valuable and pop some money directly into coins too.
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I used to explain to people how gold was good money because it has divisibility, easily identifiable etc.... and now.. compared to Bitcoin it's just like, just no.
I still keep gold though, because it is shiny.
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Good points technomage!
+1 i couldn't have said it better, and btw i'm doing a "falkvinge" here because i trust bitcoin to achieve it's full potential some day, if not, it will not make me live on the streets either. Falkvinging is backing out after making a big public statement.
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I think this site would be better off with a daily 10 BTC guaranteed 1 BTC entry at 9 p.m. PST than the Sunday tournament. midnight madness for east coasters.
I think you are right, the only reason we don't yet is that the guarantee is semi-manual. I guess that it'll be over or under at some point shortly before it starts and set it appropriately. I've never been wrong, but if I am I'll send the extra prizes manually, which is annoying because it means they would display wrong. But yeah, eventually for sure, and hopefully more than 10BTC!
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I like both names, Bitdex and Ellet. Why not Bitelletdex? Bitlet not bad. edit: yeah, that's what I'm calling it, bitlet
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