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29081  Bitcoin / Bitcoin Discussion / Re: Should the exchanges close on the weekends? on: January 20, 2013, 03:29:19 PM
Exchanges *should* do what they *want* to do. But if their goal is to maximize profits then they should do what their customers want them to do and market conditions permit them to do.



very true. and if customers didnt want a 24/7 service they would not be trading.  and exchanges would have already implimented daily closing or weekend closing during dull periods of business.

yet the community as a whole show that 24/7 is useful. and that a call of arms to boycott a service intentionally goes against freedom of choice.

im not saying people shouldnt stop using a service if they dont have the funds. but demanding a mass boycott purely on individuals circumstances, affects other individuals and other businesses. causing ripples.

much better to ask the exchanges for statistics of when they have typical dull periods of trade and ask them if they are considering a standardised shutdown period for those regular times. and if so to advertise a poll for people to vote on such an idea instead of boycotting a service without knowing all the details and effects it may cause.

29082  Bitcoin / Bitcoin Discussion / Re: Should the exchanges close on the weekends? on: January 20, 2013, 03:10:51 PM
There would be no way to enforce this. Exchanges can choose for themselves whether to be open or closed in the weekend or at other times.


How about community enforcement? If enough of us (especially if we got all the miners onboard) refuse to do business in certain ways or certain time frames then there's no product to buy during those windows.

crypto exchanges should not be relying on banking infrastructure to dictate when they should trade. think of crypto as a whole country. you would never ask a whole country to shut its shops and go home for the weekend purely because it cant get hold of a different countries money.

people in the community should have the freedom to continue trading with the currency they already have. and crypto shops like memory dealers, cupcakes and alpaca socks don't want to have to wait to trade their crypto. (meaning they wont take any sales at the weekend). they want and rely on 24/7 service, and so they should.

in england a few decades ago all shops closed on a bank holiday days as they knew the banks would not be open to take their daily profits. Now shops are going against this and continuing to do business, because they are realising they dont have to rely on banks on a daily bases.

instead of demanding a revolt simply because some people cant get money in on a saturday..you should BUDGET your money to cover the weekend.
29083  Bitcoin / Bitcoin Discussion / Re: Using squares, circles and triangles with colours to represent bitcoin addresses on: January 20, 2013, 12:01:31 AM
BLFC Jordan, yes  Grin thats what im talking about
great idea
29084  Bitcoin / Project Development / Re: BitCoin Business Ideas on: January 19, 2013, 10:20:51 PM
google search: drop shipping.

no need to pre-purchase stock. just list the items they offer. you accept bitcoins on your website at a marked up value. and you pay the drop shipper in fiat along with the customers delivery address.

saving you time by not having to package up goods and travel to a post office to send them off, not having to store products, and many other benefits.

thats the simple idea of it. but do your due diligence checks that the drop shipper is legit and has good satisfaction of the flow of stock going through, to ensure customers get what they want when they want it.

29085  Bitcoin / Bitcoin Discussion / Re: Insurance against theft or loss of bitcoins on: January 19, 2013, 09:46:05 PM
well creating fear by telling new people their stash is not safe in their own hands and they require an insurance is not good for bitcoin either. people know they cant hold bitcoins in their hand and have to rely on computers. but telling them they cant rely on their own computer or paper wallet... thats just silly.

the whole point of bitcoin is that no other entity owns or controls your funds. by using the insurance company idea's you have suggested you are saying for people to input their stash into a insurer controlled 'bank' and if anything goes missing they will repay it. plus ontop you have to pay them a monthly premium to keep your coins safe.

i have a mega load of coins now.. i have no fear of funds being stolen. and i wouldnt pay a third party to look after them for me. but good luck.

teach people about paper wallets and data backup
29086  Bitcoin / Bitcoin Discussion / Re: Using squares, circles and triangles with colours to represent bitcoin addresses on: January 19, 2013, 09:34:25 PM
for geniune legit businesses a service that has registered bitcoin addresses linked to a user. kind of like tinyurl would work better

eg tinybitcoinaddress yet to be made.com/franky1
would take you to 1FrankZ7t5Wbf5uTMxMtCiQy9eKDsj1fUn

heck, even blockchain.info is already tagging known addresses so using their service to find the lengthy address is better. such as satoshi dice
http://blockchain.info/fb/1dice8
29087  Bitcoin / Bitcoin Discussion / Re: Using squares, circles and triangles with colours to represent bitcoin addresses on: January 19, 2013, 07:56:32 PM
Maybe it would get very visual to have a code to represent bitcoin addresses in a more visual way.
Uppercase letters would be squares.
Lowercase letters would be circles.
Numbers an equilateral triangle with horizontal base.
Colours would be used to distinguish them.

Who comes up with the better code?
Please post your artwork showing how would your code result.
We could also use 99designs.com to achieve great proposals!

not an actual submission. just food for thought
edit: google image search doctor who gallifrey

use of colours can be tricky due to light exposure making cameras not pick up colours that easily EG yellow street lghts can make yellow look white (missing transparent/white like the paper its printed on)

with 10 numerics 26 lowercase and 26 uppercase letters = 62 variations of shapes.

so heres a idea

Hexagon grey = 1
hexagon white=2
Square grey=3
Square white=4
Circle grey=5
Circle white=6
Triangle grey=7
Triangle white=8
basically multiply the outer shape by the inner shape and then add on the number of the centre shape
EG top shape is 1 4 7 so 1x4+7=11
EG bottom shape 6 7 5 so 6x7+5=47

now using the 0123456789abcdefghijklmnopqrstuvwxyzABCDEFGHIJKLMNOPQRSTUVWXYZ
top shape=a (lowercase a)
bottom shape=K (uppercase k)
29088  Bitcoin / Bitcoin Discussion / Re: [ANN] New lower fees for all international merchants on: January 19, 2013, 07:53:45 PM
excellent news bitpay. especially liked the new demo video about stompromp guitar website. much better then the starbucks maps demo ages ago.

a recent conference you attended talked about your 2000 merchants. any update on where this elusive list is. or atleast point us in the direction of some that dont mind listing their bitcoin involvement.

so that we can high light to outsiders that bitcoin is not just for the young hobbyists selling knicknacks from their house.
29089  Bitcoin / Bitcoin Discussion / Re: Insurance against theft or loss of bitcoins on: January 19, 2013, 07:46:03 PM
insurance for coins.. i see alot of fraudulent claims happening

EG set up 2 addresses, send funds to yourself and claim the receiving address is a scammer (show a shady website you designed and the 2nd address listed on it and u want to claim a loss of income.)
EG put a load of coins in the address and then claim that you lost the private key due to a computer wipe/virus. (showing the windows directory time stamp (after using properties plus to change the info) to show its a recent install and u want to claim a loss of income.)
EG u set up 2 aliases on BTCJAM the second alias requests a loan. you then loan yourself the money and claim they did not repay. (showing stats, blah blah as proof. and you want to claim a theft)

followed by a scam thread where the insurer does not always pay out due to obvious false claims.
EG "Insurer A wont pay me, he thinks i falsified evidence to get free coins, what a scam"
EG "Insurer A asked for evidence which i dont have and wont pay out, what a scam"
EG "Insurer A wont pay me" (never subscribed to the service just want to call them a scam)

if you want to be a hoarder. dont trust second parties to look after your stash
here is a big secret to insurance. LOOK AFTER YOUR OWN MONEY and you never have to worry about insurance.

now instead of thinking up idea's how to stir the community pot of cash amungst itself. how about thinking up idea's to expand outside the community and get new legit businesses onboard. instead of new ways to sway money between peter and paul within the community.
29090  Bitcoin / Bitcoin Discussion / Re: How do we change people's mentality about Bitcoin on: January 19, 2013, 03:18:23 AM
The site is mine but I admit I haven't done much housekeeping lately. If you'll tell me which links were broken, I'll update the listings.

although i was looking for a list of the 2000 PROPER BUSINESSES and not a hand full of 17's hobbycrafts. there are a few proper businesses listed such as a cupcake company. but still no clear sign that bitcoin is for regular use for proper businesses or customers.

i also clicked through a few links and found dead sites. i gave up looking once i seen a majority of them needed updating. but heres just a few to help you out (the link is the category and the standard text are business names.. obviously)
http://www.thebitcoinlist.com/dp_food/sundries/ - bit munchies dead
http://www.thebitcoinlist.com/dp_advertising/classifieds/ bitthreads, btc.isnan, kytrader, dead dead dead

now ignoring peoples online hobbyshops. we need a list of proper businesses selling proper products to help show bitcoins usefulness and acceptance to the non community members.

EG http://cupsandcakesbakery.com/ its an actual high quality designed website. with a real bricks and mortar business attached to it. it looks like someone from outside the community already had a business and seen bitcoin as a benefit to them. thats the kind of lists we need, businesses like that.

although i love the story of the alpaca socks thing. their website looks like a bland hobbyists site, more so then an established business making annual profit.http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html

if we want the non community to see bitcoin as not just a barter system for under 30yo hobbyists where a significant portion are silk road users. then 'the game' needs to be stepped up.

if scam artists can make great looking websites (cpc electronics) and the community opening up their own small webstores can only pull off a one page of bland design. then the outside world will not take bitcoin serious.

other posts in the thread used the term 'official site'. there is no official site. but there is and should definitely be a PROFESSIONAL site. and many of them.
29091  Economy / Services / Re: [Looking to Hire] BitInstant Client Services on: January 18, 2013, 01:43:07 AM
A great opportunity for many people.

The main question many people interested will have is:
1) can they be paid in bitcoin? or part payments of FIAT/Bitcoin?

2) what country/region do you prefer the recruits to live in?
29092  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be at CES2013 (Official Thread) on: January 17, 2013, 02:56:32 PM
although BFL's PR has been completely shoddy.

i truly believe that micon is now just repeating himself posting the same video link multiple times which has now meandered into a never ending argument with no set goal to be achieved.

the simple point is BFL have many many failings. BFLJosh/inaba, a coder should not have been employed as a PR guy and BFL itself, should have worked out months ago how many chips they would receive in the first batch. and closed pre-orders once that quota of orders was reached. only to re open the pre-order payment page once they get a quota for their second batch.

and not to be spending money on google sponsored adverts or promising people equipment if they advertise the products, yet to be built, or estimated to be built by X date.

basically if they were promised 10k of chips in first batch they would have priced the cost of this. and set their pre-order pricing accordingly dependant on how many chips are required per product. all R&D is inclusive in the pre-order price.

thus no requirement to continually request funds because the cost of the pre-order pays for that chip amount, end product build and labour costs.  if they are proposing to make 1000* units in the first batch then they only need to accept 1000* pre-orders. before cutting off the payment page, locking in those people into batch 1.
(*numbers are not factual, just illustrative examples)

i advise them to close off their pre-order payment page until they have clear deadlines, clear production yields and clear costing prices for batch 2. and set the limits of available pre-orders. then closing off that months pre-order payment page once the limit is reached. to lock in customers to those deadlines.
29093  Bitcoin / Bitcoin Discussion / Re: [ANN] Buried Keys on: January 15, 2013, 07:34:53 PM
I will just say this:

1 ACROSS = SARANGANI
2 DOWN = ...

now leave you all to get started
29094  Bitcoin / Hardware / [Archive] BFL trolling museum on: January 13, 2013, 11:40:19 PM
inaba once the announcement draft is wrote in full, can you then remove the condescending, insulting waffle. the non answers and sidestepping of actual information.

this should leave you with a nice 2 sentences left that are worthy of an announcement. and i hope its not an admission that you paid BTCFPGA to do the manufacturing of the chips lol
29095  Bitcoin / Bitcoin Discussion / Re: Making Bitcoin usable in needy places on: January 12, 2013, 01:48:50 PM
taking africa as a great example.
watch a tv series called 'jungle gold' as a reference. even episode 1 gives you an idea of what some places are like.

there is alot of gold being mined in africa, and alot of roadblocks that villages have preventing people from passing unless they pay a tax/toll, their cars are checked for cash and if found the tax increases dramatically. they have machete's so its not anything like a toll booth in developed cities. its a pay or die thing.

now many gold miners fear once they have smelted their gold and sold it. moving the FIAT from the smelting village back to their own village is risky and can get them killed or robbed.

now having the gold sale done in bitcoin to their phone which is then keypad locked is atleast better security then a rucksack/shoulder bag full of money. whilst travelling.

29096  Bitcoin / Bitcoin Discussion / Re: Deciding whether to use my coins or hoard them... on: January 11, 2013, 11:46:27 AM
the word ONLINE in the quote online wallet is the risky and hilarious part the person refers to.

brain wallet or paper wallet are better advised for hoarding. and only inputted into the satoshi client when its time to spend.
29097  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be at CES2013 (Official Thread) on: January 11, 2013, 11:10:03 AM

BFL are not scammers.proven to be scammers beyond reasonable doubt They are just disorganized airheads that try to run a business. And got/get scammed by some Asian benefactors*).


i edited the quote above to sound more realistic to actual situation. but a great quote even in its original form.

i love studying human behaviour if you ever watch the TV series 'lie to me' you'll understand what i mean. That 2 minute interaction with josh on the video revealed alot.
the smile he does when handing over the quarter. that's not a smile of a smart individual who has whit and charm. that is the smile you do after this situation.

day one you get insulted but cant think of a witty reply. that night you think to yourself  i wish i had something smart to have said when that happens that sounds eloquent and beautiful. you plan it in your head. you start getting excited just thinking about using your carefully scripted reply, you imagine their reaction. You even dream about using it and you get fixated over the scripts beauty.

day two. the situation comes up when you get to use that script. you say it, and now you smile because you think you sound smart for the first time. that is the smile of victory. not charm. victorious that you can yet again avoid a proper question, and ontop make it sound smart.

its the same smile someone does when they have a date with a hott girl and plan before the date, something witty and funny to say to get the girl warming to you. and when said, you smile in victory and achievement.

now onto other things.
if only samsung went to the CES with a new gesture sensing technology TV's, they had a big 50" TV to show off.. but all that was showing was a blank screen. people question it the reply they get is: " we don't have any working TV's with this new technology, we have not tested a working finalised product. but here's a quarter, now go buy yourself a clue. "
even samsung customers would be hating samsung by now.

and at best the customers would say WTF you even doing here if you don't even have a working demo.
29098  Bitcoin / Bitcoin Discussion / Re: The best Bitcoin cold storage? on: January 10, 2013, 07:52:47 PM
etch your key onto a small piece of metal and store the metal in a heat proof box.

29099  Bitcoin / Bitcoin Technical Support / Re: Multibit sent more BTC than I entered! on: January 09, 2013, 04:57:22 PM
your client will now have 2 addresses(technically always had). one with 20BTC and the other with 5BTC

imagine u received 13btc gold bar from someone and you put it into your left trouser(the client) pocket. it isnt split into satoshi gold dust within your trouser pocket to then send out exact amounts alone. it splits it up when you make a transaction. so the blockchain shows you removed the 13btc gold bar from your pocket. cut the 13btc gold bar so that 8 went to the destination and 5 went back to you, but in your right trouser pocket this time.

as long as your trousers(the client) shows the right amount you are fine. you could always send the 25btc (20 gold bar and 5 gold bar) to your main wallet address(left pocket) for it to show 25 in the one address. but you will get the same thing happening when you next do a transaction to third parties. which will just weigh you down and leave you lop sided (tiresome exercise) if you keep trying to put it all into one pocket all the time.
29100  Bitcoin / Bitcoin Discussion / Re: How do we change people's mentality about Bitcoin on: January 09, 2013, 03:40:21 PM
to change peoples minds there needs to be a list of the so called 2000 bitcoin businesses out there, and not just the handful that keep getting passed around.

saying there is 2000 businesses and yet no one knowing the entire list is a problem. so the only thing that gets emphasised the most is the illegal activities as that the only thing people know about.

wordpress is getting mentioned more and more. but if a outsider asked 100 different bitcoin users what they can use it on. and the response they get is:

satoshi dice
silk road
wordpress
web hosting

they wont be satisfied to cash in.
If someone told me that i should stop using money and start using gold coins. knowing the security in gold as a commodity compared to FIAT. at first id say yes. but then when asking where can i use gold coins i was told 4 places around the world, id not be as inclined.
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