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Would you be interested in giving me a test mix? I can analyze the taint and anonymity of this mixer. PM me if you are interested.
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Why not just one coin? Divided over 1 million billion cents. This whole thing is pretty much irrelevant, but then again, most altcoins are anyway.
Are they irrelevant? Which ones? All bitcoin straight forks are irrelevant. Bitcoin is still very far away from mainstream, and the alt coin section is even lower. You see sites like Namecheap and Reddit accepting bitcoin, but not litecoin or another flavor of the day. |
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One thing that occurred to me about the provable fairness: For roulette, minefield, and pig racing, there's no such thing as a "bad deal" for the player. You pick the result in advance, publish the hash, and the user can verify after the event that you chose the result before they bet, so you can't be cheating. (Well, if a player is playing red over and over again you could deliberately pick black over and over, and publish a hash of you picking black before the player places his bet). With blackjack however, there is such a thing as a "bad deal". When you're playing against a single player you can deliberately pick shuffles which give the dealer blackjack more often than he should. The way most provably fair blackjack sites (all 2 of them?) work is that they allow the player to provide part of the random seed, publish the server half of the random seed before the game, and publish the shuffle algorithm. That way the casino has no way of picking preferable shuffles. bitZino has this great writeup about how it works. Currently your blackjack doesn't appear to be provably fair. All you seem to be proving is that you picked the (possibly rigged) deck before the players played, rather than during or after. Comments? I think minefield can be a bad deal through. Humans are pretty bad at generating randomness, and some grids would be dug more often than others. The operator could weigh the mines to those grids more, giving them a higher house edge. In fact this could be tailored to the player since it is a one player game - store a record of their grid digs, and personalize it individually. |
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What's the total amount of assets loaned to Bakewell? What is it for - shorting?
Would imagine he's using it as a cash loan. The assets he's borrowed make very little sense to short (BTC-BOND buys back at face-value on request so is essentially stupid to short). Most likely he's going to use them as collateral for a BTCJam loan (that converts them to cash without having to sell and buyback with the costs/risk associated with it). It's an expensive way to raise cash - so clearly he's desperate for whatever reason. Were they loaned to him personally or to his mining company (makes no odds as far as default risk is concerned - if he's going to scam he'll obviously scam the company too)? I know his company took a loan to raise the last cash needed to buy an ASIC - not sure if that's what this was for, or if that was yet another loan. True, I thought it was ridiculous to short BTC-BOND too but I can see a short on bASIC-MINING working out well. It looks like it's for this loan (even through it specifies BTC, not assets): https://bitcointalk.org/index.php?topic=146689.0Some of my friends are farmers and I have the opportunity to combine a little bit of funds and some of my carpentry skills into a small contribution in one of their projects.
I do not have the liquid available to me atm and it is time sensitive so I am borrowing it.
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One of the first trading sites I came across that supports leverage was 1broker. The site design is pretty professional, but as bitcoin site hacks and scams are a common occurrence I'd like to hear other people's thoughts on this site.
They have a 50 BTC (leveraged amount) cap for BTCUSD, which I think is quite suspicious. If they are actually buying BTC when I long it, then they should have no problem dealing with 100 BTC or 500 BTC as they are covered if the price goes down with my deposit.
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What's the total amount of assets loaned to Bakewell? What is it for - shorting?
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friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks! They've traded @ up to .52 recently. https://bitcointalk.org/index.php?topic=144676.20Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity. |
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This isn't an issue where I'm trying to prove anyone wrong I sure hope your correct i should have contacted Hmrc a few months ago, I'm waiting on a reply from them.
Contacting them and/or your accountant should be something you've done before you started a Bitcoin business. Otherwise, you'll just be in for a lot of surprises. |
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"A loan FOR a business is not the same thing as a loan TO a business."
It's a loan for ziggap, but not taken on behalf of the company. Retroactive change? Genuine intentions? You be the judge.
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That is... Disappointing. I guess there is a benefit for a major network hasher and highest share producer by an order of magnitude to not use pplns
I'm not sure this is disappointing at first glance. While bitcoin mining over time will tend to 100%, reality is that a large solo mining organization could go months running well under 100% PPS. Paying a 5% fee with as much hashing power as they have looks like a good short term strategy to make sure they are making the most btc possible. Also, if BTCGuild is one of the better pools as far a stability is concerned, this is one less thing for Friedcat to worry about during these few short weeks/months of extreme profits. I agree with the second part a lot. If it works, let us do it. Who wants to be off-line every 30 mins trying to "save" 5%. Why would solo mining increase the risk of the ASIC chips going offline? In fact, it increases it, because if either the miners or the mining pool fails, there's going to be no blocks solved. Hopefully there's a "Plan B" in case this mining pool goes down for some reason. And it can happen. |
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I guess it could work, however, will we actually need *activation* codes once everyone has finally woken up (from the "closed source is better" induced marketing mantra that has kept so many asleep) to that fact that the only *trustworthy* software is *open source* software?
It's highly unlikely that iOS, OS X, Windows, Microsoft Office, Photoshop, and other proprietary software is going to entirely go away anytime soon. The problem with this idea is that it relies on the value of one bitcoin being a less than the price of the software activation. You can't sell an activation key for the equivalent of $10 for example, and it sounds really unnecessary. |
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When I search for bitcoin shirts, I see sponsored ads of "Shop for bitcoin shirts on Google" at the top, and bitcoin gear as the first organic result.
I haven't clicked on anything relating to Bitcoin tshirts, and if you have then it's going to be ranked higher for your personalized search results.
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So just to confirm, zilch coins from this IPO will be used to pay back the btcjam debt? Will you be releasing accurate financial statements on all of your income and expenses, listed along with the monthly dividend payments?
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Wait, so are the preorders refundable or not? I couldn't find anything useful in this thread because it's turned into a trollfest.
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Please do your due diligence and not loan it off to someone who's going to run away with ~$15.
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ZIGGAP still owes people on BTCJAM over 900 bitcoins.
Links? / OP care to comment on this? Now you know where your invested coins are going to...... BTCJam. Don't be surprised if the OP vanishes with your coins. Obviously. And they shouldnt be paying ANY dividends while still owing their original creditors. Why not? It's perfectly acceptable to have accounts owing and still pay dividends. Let's check: https://btcjam.com/listings/584Borrower Reputation 100% Positive: 147 Negative: 0 +bitcointalk +bitcoin-otc otc nick: aethero This loan is in good standing. So I don't see why he can't also run a company that pays dividends. The problem is that the IPO funds are supposed to be going towards the business, ziggap, not used to repay a BTCJAM "personal" loan. |
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how am i supposed to upload attachments?
There isn't attachment support on this forum - try uploading it to something like Imgur and using the [ img ] URL [ /img ] tags. Quite interested in knowing how you were "Uploading......" through.. |
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The current upgrading tendencies are not really an accurate prediction of how it will be with the fork. The fork, when and if it's decided, is a super high profile thing. It would also likely be something that's already felt by the users (higher fees perhaps?), so they would most likely upgrade significantly faster than with regular patches. That being said, they would likely not upgrade super fast regardless, so months are needed at least.
Could it not be simply introduced, that miners with the patch "mark" their blocks somehow and as soon as say at least 80% of all blocks are "marked" a countdown activates (maybe 20,000 Blocks) to give the remaining 20% some time. That is pretty much what is happening already with block versions now. There's block version 1 and block version 2. When 950 of the last 1,000 blocks are version 2 or greater, all version 1 blocks will be rejected by those who updated, and will therefore be orphaned. |
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It is a true currency. You would use it as opposing to holding it for value. It is complimentary to Bitcoin in that you would rather have something like Freicoin as a medium of exchange rather than the limitation posed by the 'value' of Bitcoin which we all know is fairly volatile.
There have been many well measured responses to the questions and concerns posted and yet people seem to blatantly ignore that and continue to misrepresent Freicoin. Time will show it's ultimate value as a means of trade which is something Bitcoin may not be well suited for. It be great if people actually did a bit of research before simply regurgitating misinformation. I get that there is a learning curve with Freicoin but once you read more about the potential it has then more people would likely adopt it. Yet to see any argument that has not been addressed with a reasonable and well thought out counter.
Then please explain why I would want to use Freicoin instead of Bitcoin. If there is a value store currency, you don't need a currency that continuously loses in value. |
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+1 I have been saying this. No one wants to listen. ALL ROADS FOR BTC RUN THOUGH PP!
Oh, I guess bitcoins weren't created from mining, they were created from paypal!! |
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