what makes u think he hates gold?  ? He bans anyone who mentions gold in any forum area except one set aside as a ghetto for precious metal discussions. |
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The hard part is going to be convincing everyone that stateful scripts are a good thing. That is going to be rough going, since pretty much everyone prefers stateless.
I have a plan for that: Build some very useful apps on OpenTransactions to show the use cases for those kinds of scripts and to grow demand for doing those things on the blockchain instead of requiring users to trust transaction servers. |
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Big move upwards. Same relative volume. Anyone else notice that the move upward on Mt Gox happened at almost exactly the same time that Bitstamp prices started showing up again on Bitcoinity? |
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There is no mechanism to restrict what address you can send to, and such a "feature" will almost certainly never be added. Note that this would require a protocol change. You could modify your client easily enough, but that doesn't really help you at all.
Even if such a thing were made, and the network was willing to enforce it, it would just move the problem to the recipient wallet.
Is there no way to construct a smart contract that accomplishes this using the existing opcodes? Nope. The script system is extremely limited in inputs. It doesn't know anything about the output (or much else, for that matter). It seems like you'd just need to add an opcode that reads an integer from the stack and returns the hash of the output script at that index position. Then you combine those with an OR to create an input script that is only spendable via specific predetermined outputs. |
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There is no mechanism to restrict what address you can send to, and such a "feature" will almost certainly never be added. Note that this would require a protocol change. You could modify your client easily enough, but that doesn't really help you at all.
Even if such a thing were made, and the network was willing to enforce it, it would just move the problem to the recipient wallet.
Is there no way to construct a smart contract that accomplishes this using the existing opcodes? |
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Thanks but my issues is I cant do what you suggest..
The Bot works on 1 of those 3 exchanges..
Once the Bot sells, my funds are in USD and not BTC.. So I need to have an exchange where I can Withdrawal USD ..
Once the Bot Buys again I am then back with all my Funds in BTC... I would have to try and Guess when I think the Price is at the top, then manually sell then try and Transfer some BTC to one of your suggested sites, then hope the Price of BTC dont drop while I am doing all this.. Thus Not let the Bot do its thing. If it was easy, everybody would just run a bot and get rich. You've got to design your system around the fact that USD is difficult to move, while BTC is easy. Maybe move to Japan and get a bank account there so you can withdraw JPY from Mt Gox and wire it to Bitstamp. |
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Where should people go to know when it's their turn? I've seen mentions of IRC, which network/channel are you using?
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Yes but WHERE? Bitstamp or BTC-e? ? Are these ANY BETTER then Mt Gox??? Can you Get USD out of these??? LocalBitcoins or #bitcoin-otc. |
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The simple answer is that you can't withdraw USD from Mt Gox. The US banking system is currently enforcing an unofficial embargo against Mt Gox at the moment.
AFAIK if you're a resident of Poland, or Japan, you can get your money relatively soon. EU residents takes a bit longer.
Best bet is to buy bitcoins, withdraw them, and sell them somewhere else.
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Hello. Im developing a Bitcoin trading related site.
I would like to know how mtgox and cex.io for example could transfer funds automatically to clients with a reduced exposure. The only measure i can schematize is having two wallets one constantly transfering to cold-wallet so that it doesn't have more than like 0.5% of all funds, and process withdraws as requested. This case in case of server being hacked, only a small portion of funds are stolen. Any other sugestion to implement this? Thanks
Send all customer deposits directly to cold storage, and only keep enough in the hot wallet to process n hours of withdrawals. Make sure you always have an employee available to process a cold wallet -> hot wallet transaction every n hours, or sooner if there is a sudden increase in withdrawal demand. |
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Awesome, when can we expect it to release?  Q2 of next year, probably. |
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When will someone make a service that will truly revolutionize the way we use bitcoin? Working on it now. |
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Considering how something as big as the Manhattan project was able to remain top secret for as long as it did, anything is possible.
It was a lot easier to keep secrets back then. |
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The vids was a spur-of-the-moment and not really plans of anything ongoing. Felt inspired to capture the moment, kinda just joke around and have some fun...Everything was kind of surreal back then wasn't it  May do some vids again later, but it's quite hard to think of anything good, guess I'm waiting for the right moment. All the best revolutions have accompanying music. |
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It is the responsibility of the US citizen to report their assets to the IRS held in foreign accounts, not the foreign company.
There must be another reason. It is also the responsibility of all financial institutions that do business in the US to enforce various rules, and also to make sure all financial institutions they deal with do the same regardless of in what jurisdiction those institutions might be located. |
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i don't get the part about him being an extreme authoritarian when he criticizes everything about gov't vehemently?
He criticizes the government when it doesn't do what he wants it to do (which is most of the time). Because of that, he comes across as a libertarian. Find one of his hot button issues though and he'll just start raving. Undocumented immigrants, for example. Muslims are another. It also shows up in the manner in which he administers the forum, especially how he handles dissenting viewpoints and evidence that contradicts his positions on hot button issues. If you look in depth at his proposals he advocates, he wants an MMT monetary system that's controlled by the Treasury instead of the Fed, with the Secretary of the Treasury acting as a central planner in charge of all bank loan policies and currency issuance. The existence of Bitcoin threatens that vision. |
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Yeah, that would be cool.
A no-GUI node with a block-parser only, no wallet and as few external dependencies as possible, even without UPnP. It's called btcd. |
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