I'm worried that "CoinPal" will get sued by "PayPal" for trademark violation.
I haven't been able to find specific information about PayPal having a trademark on *Pal, but enough people have expressed concern, that I'm going to change the name. Any suggestions? I'm leaning toward Copal, which portmanteau-ishly suggests what the service does, is an existing word so it can't be trademarked and goes well with the name Cowalla (the planned name for a future Dwolla->BTC service). i might suggest to stay away from 'pal' completely. how about something nice and generic, like 'bitcoinsource'  then you can use the same site for paypal, dwolla, $anything else. |
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I've increased CoinPal purchase limits to 40 BTC per week. Past customers who hit the old limit can immediately place orders up to the new limit. Depending on typical order size and future BTC exchange rates, I may change my PayPal account back to the standard fee structure. The standard fee structure gives lower fees for payments over $11.90. I'll post here if/when that happens. I anticipate current order limits staying in place until the end of February or March. That gives the initial transactions enough time to mature past the PayPal dispute deadline (45 days) and to approach the credit card chargeback deadline (~90 days). Which gives me better data for my fraud prediction model. I'd rather go slowly and keep the service open than rush to a hasty demise. i wouldn't hurry too much to raise the limits. you'll get plenty of volume due to high number of customers, while keeping fraud risk from any individual account low. you have a great service there, i'd hate to see it go bust due to one or two large frauds. |
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Ну да, высоко сижу, далеко гляжу...  haha in case of bitcoin, not quite "в бесконечности" since there's a precision limit for bitcoins of 8 decimal places. it'll run out of precision in 32 halvings of the block bounty (currently 50 coins per block, after 32 halvings, 0.00000001 bitcoins per block. halvings occur in 210k block intervals, which is approximately 4 years (if ~10 min per block). so after approx 128 years (plus 2 years that still remain in the first 210k block chunk), new bitcoin production will stop. so 2011 + 130 = year 2141, that all bitcoins will be generated. of course, all that is assuming that the precision won't be adjusted sometime along the way. (sorry for english, but i couldn't be arsed to go all translit.ru on you. ) |
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Yeah, it sucks to lose $200 to the mail system (or the exchanger.) This was just a small test to check the integrity of the exchange before I sent them some real cash. I'm glad I got burned on a smaller amount. Now I see why Western Union can afford to charge people $20 to send cash somewhere. I really really wish I would've paid them.
Anyway, thanks for the help guys. CoinPal looks like exactly what I was looking for.
Now to just find a way to transfer larger amounts safely...
well, that's why it pays to use delivery confirmation on mail that's worth > $100. things are much less likely to get lost that way, for only a few bucks more. as for larger amounts... mtgox takes bank wire and ach transfers in for larger chunks of usd, so that's probably your best bet. |
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...
статья
...
К тому же количество денежных единиц (“биткойнов”) в ближайшие годы асимптотически приблизится к 21 000 000 и перестанет расти год 2100+ == ближайшие годы? дальнозоркий взгляд на мир у вас, однако. |
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.40/btc (price subject to change until we talk live and reach agreement) |
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so... any progress on this? |
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you can connect to freenode via tor. and there's also an i2p-freenode irc relay established on #bitcoin-discussion channel. so take your pick. |
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pay people for being the leading bidder for a length of time.
i like this idea. the funds can come from the auctioneer's fees, or from opt-in by the sellers (sellers have incentive to opt in, if it means their items sell for more in the end). |
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I also placed a first bid on the modem and "Bidder 1" outbid me with the minimum increment. I bid a second time and he did it again. I checked the logs and it was in the exact second I made a bid.
"Bidder 1" has placed a bid higher than yours, but only the minimum bid needed to win the auction is shown. As long as your bid is smaller than Bidder 1's bid, he will win, but not pay more than necessary to win the auction. When you bid above Bidder 1's maximum bid, your bid will stand one minimum increment above Bidder 1's maximum bid, and when someone bids above your visible bid, it will be incremented in the same way as Bidder 1's bid is now. Bidder 1's real name is not Bidder 1, btw. for reference, it's exactly like ebay's proxy bit system, that you can read about in detail on ebay's website somewhere. EDIT: gah, beaten by biddingpond's reply.  |
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oh nice! i've been talking with daniel and using his raindroplet branch with bitcoin to good effect. when's ripplepay going to have btc as a supported currency? |
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I can't seem to figure out how IRC clients work. I tried mIRC and some other one (I forget the name), but I just couldn't get it to work! If anybody could give a link to a foolproof, step-by-step tutorial on setting up freenode or any IRC client tutorial (NOT the crappy and basic eHow and Wikihow tutorials), I would appreciate it very much.
your browser is the easiest. just clicky this link: http://webchat.freenode.net/?channels=#bitcoin-otc |
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Build-unix.txt says: You need Berkeley DB 4.7. Don't use 4.8, the database/log0000* files are incompatible. Possibly using 4.8 would not allow you to restore correctly in case of database corruption. indeed, when i did a switchback from my build with bdb4.8 to the official build, i had to delete database/log* files in order for it to work. that said, all the important bits (wallet) and the not-so-important bits (block chain and index) were just fine. the testing is being done to see if there are any issues for switching the official build to 4.8 (in which case, there shouldn't be a reason for people to go back) |
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4.8 worked on ubuntu lucid (10.04) 32bit with no problems.
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Looking forward to see the first commit in the Channel Logs  What, no ones seen my commits for DiabloMiner? :< i bet he means 'first commit to gavin's repo in channel logs' |
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davout: have you given any thought to the idea of compromising between transparency and stability, by hiding only the dark pool order volume, but not the fact that an order exists?
If the volume is hidden though it discourages me from using the market. If people use the dark pool then the volume on the market always appears low and makes me think there's no trading going on. So I look for a busier market or assume bitcoin is not being traded. so you'd rather not have the dark pools at all, i take it? |
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dark pools do add stability to the market price. but at the cost of transparency.
davout: have you given any thought to the idea of compromising between transparency and stability, by hiding only the dark pool order volume, but not the fact that an order exists?
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So EUR is via mail? (fee?)
Could it also be done via bank transfer?
Please e-mail support@bitcoin-central.net for inquiries. Bonus points for PGP encryption. what kind of bonus points? if they're in form of btc... i'll send you an encrypted email, just to say hello. |
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ok, i didn't want to do it... but it looks like you guys force my hand. selling 5000btc at 1.288 usd each! it's my final offer! |
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