Can you add payment instructions for BTC on your site so we can add it to bitcoin.org/trade?

Something that was posted on the IRC: Technology Driven Universal Currency

That was to be expected based on previous experience on some other forums. I still wonder why much of the criticism has such a negative tone and not "wow, sounds interesting, but I don't think it'll work". On the other hand, the people who joined the forum and IRC were very positive and interested. Maybe it's just that users with a mildly positive reaction don't comment as often as butthurts.

Thanks for the submission Teppy

The API commands listed in the wiki can be used from the command line also, like this:

Bitcoind is the headless daemon binary supplied with the download packages.

Nice.

Can you include the payment instructions for Bitcoin on your site? I'm thinking we should set that as a requirement for being added to the Trade page, so the random surfer doesn't get annoyed when he doesn't see the payment option that was promised.

At the current market rate of 7$/1000BTC, 2000$ would buy you about 300,000 BTC. It would probably take some time to gather that many coins from sellers. However, the market rate goes up as you're increasing the demand for BTC, and you might end up having 200,000 BTC with the market price being around 10 - 20$/1000BTC after your last purchase.

I don't recommend using Bitcoin for moving around large amounts of money that you want to immediately convert back to dollars, not until the economy is bigger.

The best practice is to generate a new address for each transaction. That's safer than sending to an IP and there's no message field to be misspelled.

That's because the certificate is self-signed.

Maybe we should have an option dialog that allows you to choose the IRC server and channel you connect to?

How about this:

Headline: Bitcoin releases version 0.3
Body: The crypto-anarchist dream come true?  Bitcoin is a digital currency using cryptography and a distributed network to replace the need for a trusted central server. Escape the arbitrary inflation risk of centrally managed currencies: Bitcoin's total circulation is limited to 21 million coins. The coins are gradually released to the network's nodes based on the CPU power they contribute, so you can get a share of them by contributing your idle CPU time. [optional addition 1] There are multiple exchangers buying and selling Bitcoins for dollars, and even pizza has been successfully traded for these digital tokens. [optional addition 2] The newly released version 0.3 contains an API for programmatic sending and receiving of payments.

The first sentence in body should be something stimulating and interesting. Does this sound ok or should it be something less radical? What do you think about the optional additions? Also, do you think the headline could be something more interesting or informative?

Please notify me before we hit the Slashdot front page so I can make sure the server stays up.  

The new logo in various sizes can be found here.

Cryptohat

I'd rather use just a big Bitcoin logo in place of the dollar. "In crypto we trust" is a nice unofficial slogan. 

Good job. You should also show some info that makes the customer trust you (in addition to your name and website), people don't want to give their credit card details to just any site. But you probably know that already :]


Actually, Bitcoins are valuable because there are people who accept Bitcoin for payment, i.e. they can be exchanged for other things of value. The limitedness of Bitcoins just helps keep that value.

Having to pay for the same product with two payment methods would be disapproved by Steve Jobs.

I think the best idea is to sell stuff at Craigslist or some other place where you can define the price in BTC. Or you could say the price in dollars but require the corresponding amount in bitcoins for payment.

We could also market to Perfect Privacy (they already accept Liberty Reserve and WebMoney among others), Ipredator and Relakks. I think they'd benefit from having a truly anonymous payment option. I'll be in contact with them when the next release is out.

Done. You don't need those extra line breaks in the cms.

Thanks to Jonatan Lehtonen for the Swedish front page translation.

That's great to hear. Hopefully you too can pay some of your bills directly in BTC some day.

I guess that's why the forum still gets those annoying spam user registrations despite the captcha.

Then the problem you have is not the reputation database but the community you live in. In a democracy the majority is supposed to be in control of the state guns anyway, so non-violent reputation databases won't be your first concern. The kind of people you want to deal with won't ostracize you because there's "he's an atheist!" from a random dude on your profile.


Yes, that's an issue that needs to be kept in mind when planning the system. Similarly the problem of "recommend me and I'll recommend you" schemes between strangers needs to be eliminated. Maybe by requiring good connectedness to the social network in some way.

Ok. I'm not hoping for a world without justice and protection organizations. I'm just envisioning a system to compensate for the shortcomings of the state monopolized courts we have now. They don't really serve the ideals you mentioned. In fact, it's often quite the opposite.


The repercussion for beating up a kid who stole candy would be bad reputation. Nobody wants bad reputation. On the other hand, somebody who "robs" a rapist who refused to compensate to his victim, might even get a reputation increase. That would be even further incentive to not be a criminal, in addition to getting a lower reputation rating.