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Wait is this a bank or an exchange? Cause a bank to me is I deposit currency into a bank. That bank then invest it three ways into loans, stock market, or acquiring companies. So what is this exactly?
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Yeah 20% of nothing is still nothing...
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Your Bitcoin Address is too short (minimum is 34 characters). Thats a bug, "A Bitcoin address, or simply address, is an identifier of 27-34 alphanumeric characters, beginning with the number 1 or 3, that represents a possible destination for a Bitcoin payment." My Bitcoin address is 32 characters long, please fix ASAP  Try now I guess your the owner  you could have just said so Also can you explain the security you employ? Are the address encrypted so you can't change them? |
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Thanks. I didn't realize how limited in viewing the blockchain really is with using a web browser. I wonder if there is a way to tap into the bitcoin network via SSH or something and view all the data scroll by on the screen. Kind of like using the tail command. If you want you can tail your log file if you run a bitcoind or bitcoin-qt tail -f ~/.bitcoin/debug.log
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First to market... I use bitstamp
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Never heard about it, but it doesn't talk about any way it is verifiable database or how to protect the user's address from being changed. Also no tip buttons. But http://qcl.me has all that! Make sure you know where your putting your address and what security so they can't collect your tips. |
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2006 was too frustrated with the funding process to follow through with purchasing eventhough I firmly believed BTC was something to behold.
Bitcoin wasn't around in 2006? You knew about bitcoin a full 3 years before it was launched and a full 2 years before it was announced? |
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Bad domain name for the site. Is any of the games provability fair? If so what is the house edge?
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I spent another 5 btc later
How is spending bitcoins a missed opportunity? If you never spend the coins then the economy would just die. So that isn't a missed opportunity that is help building bitcoin to what is today! |
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yes the bitcoin protocol is in beta.
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Then you deserve a scammer tag, cause that is bitcoins, you know it could do that, you accepted that risk when you took out a loan. This also takes away from the people that are paying on time, all my loans are coming in no issues.
I think the scammer tag would only apply if the borrower and lenders didn't come together and agree on how to resolve the issue. If the lenders decided to take a cut on this and accept the borrower repaying a lower amount, that won't automatically make the borrower a scammer. Hopefully that will also incentivize the borrower to actually talk to the lenders, instead of just frieze up and try to disappear, which is a rather big problem out in the non-bitcoin lending world, too. But he obviously hasn't thought of the risk of accepting bitcoins as a loan medium. I think that deserve some kinda of special tag, not knowing the risk is just as bad as scamming in my opinion. It also makes it unfair to people that actually did pay back their loans. Who took the risk though? The person accepting a loan in a rapidly appreciating currency, or the person giving out an unsecured loan to an almost anonymous person online? (The same question is still being asked regarding housing bubble, with borrowers v.s. banks) Well we are talking about two different types of risk. While yes there is a lot of risk sending anonymous person online coins, I was just focusing on the risk of converting coins to dollars. The market is too crazy look the market was hovering in the teens and 20's then shot up $30 then $50 and now we are sitting in the hundreds. I am just saying I think people need to understand the market better, before doing loans to convert to dollars. The price was pretty stable when I got my loan. Do you even know what makes a market stable? Cause bitcoin is more stable then it used to be but it is not completely stable, when your converting to fiat and back you need to know the risk with that. If you know if it goes up and you can't pay the investors back then maybe you shouldn't take the loan. |
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Then you deserve a scammer tag, cause that is bitcoins, you know it could do that, you accepted that risk when you took out a loan. This also takes away from the people that are paying on time, all my loans are coming in no issues.
I think the scammer tag would only apply if the borrower and lenders didn't come together and agree on how to resolve the issue. If the lenders decided to take a cut on this and accept the borrower repaying a lower amount, that won't automatically make the borrower a scammer. Hopefully that will also incentivize the borrower to actually talk to the lenders, instead of just frieze up and try to disappear, which is a rather big problem out in the non-bitcoin lending world, too. But he obviously hasn't thought of the risk of accepting bitcoins as a loan medium. I think that deserve some kinda of special tag, not knowing the risk is just as bad as scamming in my opinion. It also makes it unfair to people that actually did pay back their loans. Who took the risk though? The person accepting a loan in a rapidly appreciating currency, or the person giving out an unsecured loan to an almost anonymous person online? (The same question is still being asked regarding housing bubble, with borrowers v.s. banks) Well we are talking about two different types of risk. While yes there is a lot of risk sending anonymous person online coins, I was just focusing on the risk of converting coins to dollars. The market is too crazy look the market was hovering in the teens and 20's then shot up $30 then $50 and now we are sitting in the hundreds. I am just saying I think people need to understand the market better, before doing loans to convert to dollars. |
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INSTAWALLET SERVICE NOTICE The Instawallet service is suspended indefinitely until we are able to develop an alternative architecture. Our database was fraudulently accessed, due to the very nature of Instawallet it is impossible to reopen the service as-is. In the next few days we are going to open the claim process for Instawallet balance holders to claim the funds they had stored before the service interruption. Important information on claims submission: For the first 90 days we will accept claims for individual Instawallets. Your wallet's URL and key will be used to pre-populate a form to file the claim. After 90 days, if no other claim has been received for the same url, your Instawallet balance under 50 BTC will be refunded. If several claims have been filed for the same url, we will process those claims on a case by case basis, under the presumption that the claim we received first belongs to the legitimate balance holder. Claims for wallets that hold a balance greater than 50 BTC will be processed on a case by case and best efforts basis. ---- It looks like my story was right: http://www.adaptiveglass.com/?p=700 (updated link) How do we know your not the hacker, I mean if you found one bug you may have found another and when they didn't pay you, you decided to take revenge... So yeah |
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Then you deserve a scammer tag, cause that is bitcoins, you know it could do that, you accepted that risk when you took out a loan. This also takes away from the people that are paying on time, all my loans are coming in no issues.
I think the scammer tag would only apply if the borrower and lenders didn't come together and agree on how to resolve the issue. If the lenders decided to take a cut on this and accept the borrower repaying a lower amount, that won't automatically make the borrower a scammer. Hopefully that will also incentivize the borrower to actually talk to the lenders, instead of just frieze up and try to disappear, which is a rather big problem out in the non-bitcoin lending world, too. But he obviously hasn't thought of the risk of accepting bitcoins as a loan medium. I think that deserve some kinda of special tag, not knowing the risk is just as bad as scamming in my opinion. It also makes it unfair to people that actually did pay back their loans. There's a right way and a wrong way to handle it if you get in over your head. If a borrower posts as says "look I fukked up, I'm sorry and can we please work something out" I got no problem with that. Doubling the duration of the loan or cutting the interest are possibilities. Just walking away is bs scammer behavior, but that's what most are doing. People need to take risk more seriously, and these people obviously didn't do that. Saying "Hey looked I didn't take the volatility seriously" is correct then saying "I messed up" I think I wouldn't accept any of that BS and probably sue them on capital loss. |
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A bit off-topic, etotheipi, I am fairly sure your software is becoming the basis of a potentially multi-billion dollars industry--bitcoin cold storage, consider the recent price.  Yeah... I need to monetize it in some way  I've actually got some ideas that I think will not "corrupt" it. Some more on that soon... You might start with one of these: http://redonate.net/Unfortunately, donations have not worked out. I don't think I can count on that for monetization. I get about $100/mo in donations. Don't get me wrong, I do appreciate it (and I've bought my fiancee a lot of very nice dinners ), but even if that went up 20x, I would have a tough time justifying doing Armory full time... as i've always said, don't be afraid to build add ons or special services or an Android client. charge for them. I hate to be the hater, but I don't think he can charge for special addons or services, would depend on the bitcoind's license. |
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Then you deserve a scammer tag, cause that is bitcoins, you know it could do that, you accepted that risk when you took out a loan. This also takes away from the people that are paying on time, all my loans are coming in no issues.
I think the scammer tag would only apply if the borrower and lenders didn't come together and agree on how to resolve the issue. If the lenders decided to take a cut on this and accept the borrower repaying a lower amount, that won't automatically make the borrower a scammer. Hopefully that will also incentivize the borrower to actually talk to the lenders, instead of just frieze up and try to disappear, which is a rather big problem out in the non-bitcoin lending world, too. But he obviously hasn't thought of the risk of accepting bitcoins as a loan medium. I think that deserve some kinda of special tag, not knowing the risk is just as bad as scamming in my opinion. It also makes it unfair to people that actually did pay back their loans. |
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There is a reason no decentralized p2p market in tor or i2p has been start, I've been under impression that bitcoin is a self-organizing financial ecosystem with roots traced to cryptoanarchy, that alone implies privacy as top priority, where human control has been deliberately removed by design, in order to prevent abuse and which possesses some properties of an AI or collective intelligence at least.. yes... so what is your point? i was talking about sending fiat to convert to bitcoins... |
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Also, goxlag keeps HFT bots at bay, sorta.
It keeps everyone at bay LOL, but the reason there isn't true HFT bots, is cause the market isn't that big yet so it is hard, my bot just doesn't trade when the lag is more than 10secs. |
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