Bank of America are also the ones that hired a private firm to come up with a strategy to sabotage and/or discredit Wikileaks. They were heavily involved in the fraudulent Mortgage Default swaps and are still in the news frequently for being one of the banks that did not fill their legal obligations to produce paperwork determining their ownership of mortgages. (In other words they have no legal right to foreclose on may of their mortgages.)
They only still exist because of the Bank Bailout and many sensible Americans will not do business with them.
I gladly left Bank of America in 2005 and will probably never return. I left them in 2008. They really attempted to screw me.
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i dont see why you guys even need to see this. the guy privately mined like 400000 coins before he published it.
That was all I needed as well along with the no improvements. It might have been an improvement if they REDUCED the block reward by 4 and doubled the speed of blocks. Maybe. But the only change they made was actually something most people would point to as going in the wrong direction. Increasing block speed has been discussed. All it would do to double block speed is to halve the security of each block so instead of needing to wait 6 blocks before considering a transaction to be confirmed/secure you'd have to wait 12. Agreed. But for fast cheap transactions, a faster single confirm would be a benefit. That is why I said 'Maybe.' above. Changes like what I described are a trade off and I think Satoshi made a very good set of choices at where he set them. The idea of an 'alternate' block chain would make some sense if it had differences that could be positive (maybe not to everyone) in some way. What they did is make changes that only benefited themselves.
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i dont see why you guys even need to see this. the guy privately mined like 400000 coins before he published it.
That was all I needed as well along with the no improvements. It might have been an improvement if they REDUCED the block reward by 4 and doubled the speed of blocks. Maybe. But the only change they made was actually something most people would point to as going in the wrong direction.
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Wow. Where is all of this anger coming from? The guy is putting on a conference, and has done a ton to help bitcoin. He puts in more 'actions' every day then you have put in so far. His show is a service to the bitcoin community.
A seller has the right to price items or services ANY WAY THEY WANT. With the price of bitcoin changing so much it is not unreasonable to price things in USD converted to bitcoin as payment.
Respectfully, you have no idea what I do for BitCoin, so speculation that someone may have done more than I have is just that - speculation. I'm totally fine with you taking that stance though, as the free market will prove the truth in the end. . What do you do for bitcoin?
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As much as I think ixcoin is silly, and a ploy for setting up one or two people as artificial early adopters (through the pre-generation of nearly half a million ixcoins), moving the thread to off-topic is a form of censorship. It is quite on the topic of bitcoin.
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This is a great way to launder your bitcoins.... If you have to buy btc using usd you are linked to the coins you buy but if you then buy ixcoins which is a different blockchain youve effectively gone off the grid. And so has your money.
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Funny how the first ever bitcoin conference thats been hyped to shit doesnt even sell tickets by bitcoin amount. Instead equivalent to the amount in USD.
well, he did mention the fees were to cover the expenses of the conference, and the expenses are likely fixed in USD, therefore the need to price in USD to maintain a 1:1 costs:fee ratio. That is a very bad sign, if the organizer of the supposed global BitCon won't deal in BitCoins. We've had people make it all the way across the country only on BitCoins and they made it just fine! Organizing a conference around it should at the very least speak to the strength of BitCoin, not the supposed obstacles the promoter is having to endure. I won't accept any other explanation than Bruce is just a speculator and hypes the BitCoin masses while not having the passion to back it up when words meet action. Wow. Where is all of this anger coming from? The guy is putting on a conference, and has done a ton to help bitcoin. He puts in more 'actions' every day then you have put in so far. His show is a service to the bitcoin community. A seller has the right to price items or services ANY WAY THEY WANT. With the price of bitcoin changing so much it is not unreasonable to price things in USD converted to bitcoin as payment.
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I point 1.4 GH at it earlier today for 30 minutes and generated 2000 IXC.
I think it' a waste of time personally. I'm still waiting for the reason why this is a good idea. I don't see the valued added by this fork and believe me I'm trying....
So where is difficulty at now?
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If he'd made some attempt at creating a novel fork of bitcoin I'd have a different opinion. If he'd not mined over 500k coins himself before going public I'd have a different opinion.
I agree. The only change he/they made was to make it EASIER to mine coins so they could get more in the beginning. A better change would have been to make the mining reward smaller but then it would have taken twice as long to mine the same amount of coins they kept for themselves.
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How many blocks have been solved?? It keeps downloading and downloading to no end.
It is going to take a bit to download those 580,000 already mined ixcoins.
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Also, my math now puts network speed over the 2 GH/s mark. Not a huge amount of interest, but considering this was posed a bit under 3 hours ago and one hour ago was a bit over 1 GH/s... I'm keeping my eye on this one. I still think Namecoin has more promise, since it also fulfills a non-monetary purpose, but I'm keeping my eye on this one.
Nice. That is 2GH not mining on the bitcoin network.
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Do you offer merchant services for online shopping carts?
Do you have any existing bitcoins (not customer coins) to back up customer bitcoins?
Merchant services (IE: an API) is being developed.. The TOS states that though we're exploring insurance options, it's virtually impossible to get someone to insure them... any ideas on that and i'll take them. Simple idea. Prove you have X (hopefully X > 1000) bitcoins available under your control that are not customer coins. Keep those coins in 'cold storage'. Have an operating corporate charter and presence in a country that is not designed to hide responsibility and identity. This still insulates you in case of most accidental liability but allows the community to know you have some investment and who you really are.
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Do you offer merchant services for online shopping carts?
Do you have any existing bitcoins (not customer coins) to back up customer bitcoins?
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This is ridiculous.
There are already 580,000 ixcoins in existence? And you expect people to start mining for you?
A major portion of the 580K IXC have been set aside to promote and develop Ixcoin. For instance, see the Bounties page. Judging from the quickly increasing Ixcoin mining activity, it appears miners are taking on the challenge. You have 580,000 coins already? Holy early adopter!
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I am selling the arduino's FOR bitcoins.
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EDITORIAL: Don't Count on Bitcoin for Safe Haven in Recessionary Economy Jason Mick II. Bitcoin Mining is in the Midst of a CorrectionWith difficulty soaring, it's now impossible for most video cards to break even. The fastest graphics cards by Advanced Micro Devices, Inc. (AMD) still stand a chance to break even, but they require more than a year of work. Well this is just plain incorrect. Mining is much harder now, but unless poorly selected most video cards will still pay back in 4-5 months and even entire systems in 6 months. This is a far cry from 'more then a year' or 'impossible'.
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Certain bitcoins are worth more. Newly minted blocks of 50 are sold by some at a premium.
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Can you make bitcoin notify work with opencart?
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Buying a redeemable Mt. Gox code, by far. Only the sky is the limit on what sort of payments people take and offer for those. https://bitcointalk.org/index.php?topic=1561.0After you pay (local wire, moneybookers, LR, Paysafe card, prepaid visas or whatever people want in return) they send you the code immediately. Yes. I have done this (selling the code) and can do it in the Baltimore MD area. I can also sell bitcoins directly.
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