I fail to see how this arguement works. Based on that logic you would have to be anti venture capital as well. All of the venture capital investments so far have been denominated in US $ and the current venture capital investments in bitcoin are very similar from a economic perspective as a public listing on a US stock exchange. The VCs are infusing capital for an equity stake with the expectation that they will be able to sell this equity stake in the future for a profit. When a company is traded publicaly, investors can purchase an equity stake with the expectation that they will share in profits or be able to sell the equity stake in the future for a profit.
At it's core, the concept of publicaly traded stock is actually a very libertarian concept. It is true that the current US stock market is plagued by the big banks and the IPO process has a ton of problems. However, from a small market participant perspective, it has never been better. Buying shares is very inexpensive and maintaining an account is almost free. Of course you can argue that the current system puts way too much pressure on near term profits and that investment banks still get away with a ton of undisclosed fees on many ETF and mutual fund products, but in my opinion those problems are overshadowed by the power given to individual investors to choose investments in companies they would otherwise have no access to.
In order for bitcoin to flourish, it needs to be complimentary to the established monetary system including venture capital and the stock market. Money from these venues will allow bitcoin companies to expand and improve the entire bitcoin ecosystem. A seperatist, bitcoin only view, will limit the investment possibilities, slow down infrastructure build out, and ultimately put the entire project at risk.
I am not against Venture Capital, your talking about 2 different things. VCs have nothing to do with the stock market, yes they are hoping for an IPO, but that isn't the only way to get the ROI back. Also we have some bitcoin stock markets when those grow then I see more companies going on there. But it is funny how you failed to see how this argument works, cause I laid it out very well.
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That is a gittip community, but if you want to tip Gavin, or any other core developer get their github name and you can tip them.
1. Okay, It is my understanding that I can pay Gavin, Jeff Garzik, John Smith and others using gittip.com, right? 2. But these guys may work on features and the type of development I am not interested to support, e.g. they may work at the moment on features that MtGox or Bitpay is interested in? - just like TBF may be working on things I do not like, e.g. hiring a lobbyst; why shouls then I donate to TBF? 3. Where do I find a list of all developers with a list of features each of the dev is working on, so that I could donate to the feature I particularily want or like (thus supporting a particular developer)? 1) Correct 2) If you don't like it don't donate, that is why I am not donating, I don't like the foundation's view and where it is going 3) I would just post on the forum, or pm the developers directly then after the feature is created then donated, but Gavin holds the ability to accept features, so even if the developer creates the feature, it probably won't make it to the client unless Gavin says it should be in it.
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That is a gittip community, but if you want to tip Gavin, or any other core developer get their github name and you can tip them.
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That's why bitcoiners need a tool / mechanism / website through which they can pay the developers for their work thus freeing them from soon-to-be-politically-involved TBF.
It exists. https://www.gittip.com/ and the developer is trying to add bitcoins.
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*facepalm* Satoshi was upset with big banks of wall st, that is why he created bitcoin, so it did grow from that. NY stock exchange is very inflated and very manipulated. You can do that thru bitcoins ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Source please, what exactly did Satoshi say about "the big banks of wall st".... Saying "Bitcoin grew because of Wall Street" is like saying "Physics exists because of apples" https://en.bitcoin.it/wiki/Satoshi_Nakamoto#MotivesThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks
so a statement about the British Chancellor of the Exchequer (Alistair Darling) is relevant to the NY Stock Exchange how? *facepalm* cause UK and US is very similar and especially at that time so yeah... The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
The purpose of that was to show that he didn't pre-mine the blocks. Of course, you can infer something from his choice of headline, but not much. Now I think Dave is the real troll here. I know he was showing that he didn't premine any blocks but I looking more at the headline from someone that hardly talk you have to take every little bit. It talks volumes for the little words he uses. Also just so everyone is clear I am not trolling, if any bitcoin business got listed on the NY Stock Exchange, I be very disappointed in them, and probably stop using them. I hope I am not in the minority in that thinking.
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*facepalm* Satoshi was upset with big banks of wall st, that is why he created bitcoin, so it did grow from that. NY stock exchange is very inflated and very manipulated. You can do that thru bitcoins ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Source please, what exactly did Satoshi say about "the big banks of wall st".... Saying "Bitcoin grew because of Wall Street" is like saying "Physics exists because of apples" https://en.bitcoin.it/wiki/Satoshi_Nakamoto#MotivesThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks
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What if your "server" does not have the private key? Meaning, it's just a bitcoind node that looks at transactions in the blockchain. The wallet.dat is a modified version (using pywallet or similar) so you only have the public keys.
Therefore, the server can't spend or steal coins. It can just look at incoming and outgoing transactions, basically updating your website in real time (as bitcoind gets live transactions in memory pool) or once a block is found.
Also, shared hosting usually does not have enough space. What is the minimum kind of server recommended to have bitcoind running?
For everyone else, I guess we'll have to stick to querying blockexplorer.com or blochchain.info with their APIs.
I would recommend using armory for that. Since it uses a deterministic wallet, it would be better suited for this type of security.
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Why would you want to list on a stock market (NY stock exchange), that is causing more issues then it solves. You have read this so wrong, but I am not going to explain it, but yes if you listed on any stock exchange beside bitcoins you are against bitcoins. Cause bitcoins grew from what wall st did so why give them business ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) "Cause bitcoins grew from what wall st did"... Pretty sure bitcoins grew out of a P2P network protocol that Satoshi wrote; how does Bitcoin protocol have anything to do with Wall street? "...causing more issues then it solves". What exactly are these "issues" that the NY stock exchange are causing? "Why would you want to list on a stock market" So that I can raise additional capital to expand my business, without having to fund the expansion through interest baring loans. *facepalm* Satoshi was upset with big banks of wall st, that is why he created bitcoin, so it did grow from that. NY stock exchange is very inflated and very manipulated. You can do that thru bitcoins ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Im glad vcs are taking this seriously
In the VC world, this type of money is still chump change. So far, Coinbase has the largest investment at 5 mil. Bitcoin won't really be taken seriously until we have a 100 mil VC investment and a few IPOs. Yeah IPO is so important LMAO I doubt any bitcoin company will IPO on the stock exchange, that goes against what bitcoin is and that means the company is a sell out, and I know I would never use that company again. Why does being a publicly traded company "go against what bitcoin is"? I don't know maybe cause out of wall st and big banks came bitcoin... Hmm...what? So for example if I have a company making shoes, I want to make a lot more shoes and get a lot more customers so in order to raise the capital required to build new factories, hire more employees, and get more machines I sell off some ownership shares in my company to the public.... Somehow in doing this I have gone against Bitcoin? Why would you want to list on a stock market (NY stock exchange), that is causing more issues then it solves. You have read this so wrong, but I am not going to explain it, but yes if you listed on any stock exchange beside bitcoins you are against bitcoins. Cause bitcoins grew from what wall st did so why give them business ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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why in the world is it coming out so HUGE? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) it's only 720K, isn't that small. how can I shrink this thing cause it's actually hideous when it's this big. Now your just being a troll with your silly troll games LOL I am a troll so I can spot them LOL
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let's see if this makes it smaller.
UHMM just use the resizing function in the img BBCode like so [img width=150]https://i.imgur.com/bhpsMXT.jpg[/img]
this yields... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbhpsMXT.jpg&t=663&c=AYBIlzDxf7VzXA)
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2FC%3A%255CUsers%255CVlad%255CDesktop%255CCoin%2BII.JPG&t=663&c=pVV4vsQoX3vH2g) Let's see if this works. I put the image file from my computer's drive C inbetween the img/img thing option. Use imgur to host the image then link it directly from there, instead your trying to link it from your computer that will not work " http://C:\Users\Vlad\Desktop\Coin II.JPG" << will not work. Use imagur to host the image? You might as well have written that in german cause I have no idea what that means. In much less time I'll post it to my facebook profile. I think I'll just do that and then someone with priviledge to post it on this thread can copy it and post it for me. thanks OMG do you ever use the internet, http://imgur.com if you can upload to facebook you can upload to imgur, then use link and post it here. What? I realize you computer literate guys may think this is a joke or that I'm messing with you but I seriously have no idea what you're telling me to do. And rather than go research what imagur means, where it is and how to use it and spend 2 hours doing that I just posted it on facebook. thanks though anyway guys. " http://C:\Users\Vlad\Desktop\Coin II.JPG" <-- ROFL hi winvista/win7/win8 english edition guy! I really try to wrap my head around how you could upload it to facebook, but can't upload it to imgur ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) LOL it is amazing, I think he is just trolling cause he keeps saying imagur, and not imgur, and after the 1000x we said he is still saying it like that but bravo troll bravo LOL
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbhpsMXT.jpg&t=663&c=AYBIlzDxf7VzXA) Was that so hard LMAO ahhahaaaa. it's HUGE. I had to cut down the resolution. can you make it look more like, you know, a coin? I did go imagur and uploaded the image. If there had been a link to imagur I would have done it that way but he just said use imagur to host it. I had no idea imagur was the actual website and I thought it would was gonna require work to figure out. but thanks for posting it man. now if we can make it a bit....or actually a lot smaller. on my computer it's the size of a silver dollar so I don't know why it blew up so much.
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2FC%3A%255CUsers%255CVlad%255CDesktop%255CCoin%2BII.JPG&t=663&c=pVV4vsQoX3vH2g) Let's see if this works. I put the image file from my computer's drive C inbetween the img/img thing option. Use imgur to host the image then link it directly from there, instead your trying to link it from your computer that will not work " http://C:\Users\Vlad\Desktop\Coin II.JPG" << will not work. Use imagur to host the image? You might as well have written that in german cause I have no idea what that means. In much less time I'll post it to my facebook profile. I think I'll just do that and then someone with priviledge to post it on this thread can copy it and post it for me. thanks OMG do you ever use the internet, http://imgur.com if you can upload to facebook you can upload to imgur, then use link and post it here. " http://C:\Users\Vlad\Desktop\Coin II.JPG" <-- ROFL hi winvista/win7/win8 english edition guy! What? I realize you computer literate guys may think this is a joke or that I'm messing with you but I seriously have no idea what you're telling me to do. And rather than go research what imagur means, where it is and how to use it and spend 2 hours doing that I just posted it on facebook. thanks though anyway guys. It would have taken 30secs to click a link, then a button that says "Upload" I know this is so complex, then find the file, then copy the link, then paste it here. LOL it took me more time to load your image then to repost it for you LOL yet your using bitcoin and devcoin, two complex systems especially devcoin that has no binaries. So yeah it kinda amazes me.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbhpsMXT.jpg&t=663&c=AYBIlzDxf7VzXA) Was that so hard LMAO
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2FC%3A%255CUsers%255CVlad%255CDesktop%255CCoin%2BII.JPG&t=663&c=pVV4vsQoX3vH2g) Let's see if this works. I put the image file from my computer's drive C inbetween the img/img thing option. Use imgur to host the image then link it directly from there, instead your trying to link it from your computer that will not work " http://C:\Users\Vlad\Desktop\Coin II.JPG" << will not work. Use imagur to host the image? You might as well have written that in german cause I have no idea what that means. In much less time I'll post it to my facebook profile. I think I'll just do that and then someone with priviledge to post it on this thread can copy it and post it for me. thanks OMG do you ever use the internet, http://imgur.com if you can upload to facebook you can upload to imgur, then use link and post it here. " http://C:\Users\Vlad\Desktop\Coin II.JPG" <-- ROFL hi winvista/win7/win8 english edition guy! He is just linking it from his computer LMAO this is as bad as saying "I am sending this email to let you know my internet is down" LMAO
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2FC%3A%255CUsers%255CVlad%255CDesktop%255CCoin%2BII.JPG&t=663&c=pVV4vsQoX3vH2g) Let's see if this works. I put the image file from my computer's drive C inbetween the img/img thing option. Use imgur to host the image then link it directly from there, instead your trying to link it from your computer that will not work " http://C:\Users\Vlad\Desktop\Coin II.JPG" << will not work. Use imagur to host the image? You might as well have written that in german cause I have no idea what that means. In much less time I'll post it to my facebook profile. I think I'll just do that and then someone with priviledge to post it on this thread can copy it and post it for me. thanks OMG do you ever use the internet, http://imgur.com if you can upload to facebook you can upload to imgur, then use link and post it here.
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2FC%3A%255CUsers%255CVlad%255CDesktop%255CCoin%2BII.JPG&t=663&c=pVV4vsQoX3vH2g) Let's see if this works. I put the image file from my computer's drive C inbetween the img/img thing option. Use imgur to host the image then link it directly from there, instead your trying to link it from your computer that will not work " http://C:\Users\Vlad\Desktop\Coin II.JPG" << will not work.
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I need someone to clarify something for me: what power does the bitcoin foundation actually have?
They claim to have none, but the lead developer of bitcoins has high ranking so you can read between the lines.
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So you want to copy other successful sites and just change the coins they accept UHMMM, why not be innovative and actually make a name for yourself.
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