Miners (as a group) should not be given any say over issues like this. They do not necessarily know what the best option is. The issue should be decided by people very familiar with the protocol and the proposals.
I suggest that we compile a list of everyone who knows a lot about the Bitcoin protocol, invite them to a two-week discussion via email, and have those who participate in the discussion vote on the issue at the end of the two weeks. If one proposal gets enough votes (two-thirds, say), then Bitcoin clients will be programmed to apply the new restrictions ~3 months in the future. Miners will have to upgrade by then or their blocks will not be recognized by most clients. If there aren't enough votes for any proposal to pass, the issue will be shelved for a while.
I strongly agree and support theymos' proposal: http://bitcoinmedia.com/cathartic-progress/I propose theymos as the organiser. The organiser will be entrusted with running the system to take the votes. They will organise the platforms and structure the discussions to promote neutrality. theymos is a trusted long-term member of the community. Michael’s running of blockexplorer qualifies him technically; he is intimate with the code and issues. He has demonstrated a neutral objective character as the moderator of the bitcointalk forums. I think he's a good choice here. +1000 This is exactly how this issue should be handled. Without these kinds of procedures, many will lose faith in the whole development of Bitcoin. So, what happens if the developers make up their minds and choose one option over the other and 500,000 Bitcoin users who aren't even aware of the change fail to upgrade their clients? Maybe I'm misunderstanding something, but it seems like the developers would be attempting to fork the chain but (possibly) without the hashing power to sustain the fork. So, please tell me what I missed because this seems somewhat likely.
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Myspace: Allowed for a full profile, photo sharing, status updates, music, etc.
Facebook: Allowed for a full profile, photo sharing, but with an emphasis on status updates.
Formspring: Ask other users questions, and the users respond in similar fashion to a status update.
Twitter: Focuses ONLY on status updates.
Matt's new company: Smiley faces only.
The next big thing will be the next big leap in simplicity.
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Step 1: Create a Bitcoin card that swipes like a credit card.
Step 2: Take a credit card POS machine (like the ones you find in a gas station or supermarket counter) and modify it to allow it to read both credit cards and the aforementioned Bitcoin card.
Step 3: Enable the credit card/Bitcoin card machine to connect to both credit card servers and the Bitcoin network.
Step 4: Equip the credit card/Bitcoin card machine with a built-in Bitcoin address linked to a pre-made Bit-pay account. When a consumer swipes the Bitcoin card, the machine will automatically send the Bitcoins to this Bit-Pay address.
Step 5: Convince gas stations/supermarkets/etc. to implement these machines in their stores. Merchants will simply need to contact Bit-Pay, tell Bit-Pay their machine's serial number so that Bit-Pay can verify and activate their account, and the merchant can fill in their bank's direct deposit information on the Bit-Pay website.
Step 6: Voila! You now have a credit card POS machine that all merchants are already familiar with, but it will also work with Bitcoins.
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There was nothing fake about your copyright infringement. Infringement you were made aware of the day you released the source code.
You pirated software. Period. You might consider removing copyright and license notification trivial but it isn't. Had you not pirated software your github wouldn't have been taken down. Take some personal responsibility for your actions.
Firstly the source code to SolidCoin was released and it's a free project. There are no damages to be rewarded for misplacing an updated license.txt on a free open source project. Secondly Github was taken down with NO investigation. That is the DMCA some of you idiots here are acting like a good thing. The only way to "Shut github up" would be to file a counterclaim but given their 10 day lack of reply to emails and unprofessional "just take it down without care" attitude we decided to move onto a different repository. There is no successful DMCA against SolidCoin, the source code and binaries are being distributed. So let's just get that fact straight. This censoring troll Luke-Jr only managed to get this claim on Github in the state it is because he knows the people there and also the unprofessional way Github act. Luke-Jr is going to be prosecuted soon enough for his fake DMCA claims as he has perjured himself. Dude, you are by far the worst PR rep imaginable. A wise man knows when to cut his losses (time, money, reputation, etc.). I suggest you do the same. Nobody wants your dumb SolidCoin.
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http://allchains.info/This will give you an idea of how Bitcoin and the alternative cryptocurrencies are doing. As you can see, GeistGeld isn't doing so hot.
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I've noticed a lot of giftcard / BTC sales on the forums but it's not obvious what the exchange rate was at the time.
For example if a visa giftcard is worth $100, how much would you expect to pay for it?
Less than the current exchange rate, more than the current exchange rate?
Thanks-
I'd say probably assume if a gift card is worth $100, then you should expect to pay $100 in BTC. A lot of gift card sellers seem to sell for a slightly reduced rate like $95 or $90 in BTC for $100 USD gift card. Sometimes it can be lower. Try negotiating Just be careful of scammers.
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She did say, though, that she thinks it will likely be categorized as an investment.
and after seeing your gains will probably be talking about it at the next cocktail party? She actually said it was "fascinating" and asked me how quickly I made my profits.
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well, sometimes mafia pretends to know more than what they are allowed to know, using coercive methods. I do see some patterns here. Anyway, lately i was busy coding, had some personal issue, and still think there are things i won't share with you, because i don't feel i need to. What it is clear now, is that we did not run away with the money, we are coders, very well grounded in the financial field, and we're developing more and more infrastructure. The facts are all against your theory Matthew. Even if you use fancy words. I hope you seriously reconsider your position in a few weeks when you see that everything is working smoothly Matthew, also contact me if you want to see a part of our codebase.
With all due respect, given what happened with MyBitcoin it really doesn't matter if you've been loyal for 2 years. We need proof of security of the assets we invest -- rock solid security and/or insurance. The more users deposit (let's assume this will become an increasingly larger figure over time), the more incentive you have to walk. That is what MyBitcoin did.
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How about an ambitious combo?
1) A Bitcoin card that swipes like a credit card. 2) A POS credit card machine (like the kind you see in a gas station) that reads both credit cards and the Bitcoin card. POS credit card/Bitcoin card machine can communicate with both credit card servers and the Bitcoin network.
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For some reason this thread is locked: https://bitcointalk.org/index.php?topic=61372.0But I would like to point out that the vast majority of miners will stop mining when the price drops to $0.50, allowing an easy 51% attack. Miners don't determine the price and a lack of inflation doesn't guarantee a high price. It's locked because CoinHunter knows people will flame the hell out of his new Solidcoin. " You're only doing this to make your own SolidCoin investment higher.If this was true we would be a pyramid scheme like Bitcoin . Firstly the more people that mine the more coins that are produced, this is the opposite of a pyramid scheme, it basically is democracy relating to currency creation. In regards to the existing 2.7 million coins and the average cost only being 1c to create, that is part of the journey that is establishing a working currency. If we didn't have 2.7 million coins our currency would stagnate and not be very liquid. Either way early adopters and businesses do more than later adopters so this is their reward for their work." ~ CoinHunter No thanks.
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I took my (very small amount of) Bitcoins and withdrew them from Bitscalper. It was a test run.
I think you guys should cut Bitscalper some slack. If people want to be stupid and take the chance of losing a large amount, that's their prerogative. Bitscalper has no obligation to share anything -- he simply won't have my business, that's all.
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Lol damn, I think I just helped this guy get 4 bids in 2 hours.
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Mining rigs wearing bikinis?
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Man, how is it that so many seemingly intelligent people on these forums don't understand what construes libel and slander, let alone the differences between the two?
Slander - a malicious, false, and defamatory statement or report. DEEPBIT = ENEMY OF BITCOIN Maybe I can't prove that this statement is slanderous. But I doubt that he can be proven to be true. I've never said anything about libel nor being "seemingly intelligent" either. Sam That statement is in print, making it libel. Point proven. Except that one of the most common defenses to libel is "reasonable belief" that the statements are true, where "reasonable belief" usually means that the idea can be entertained by a rational person. Clearly, many here are entertaining the idea by trying to form rational arguments against the OP.
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I went to H&R Block today to start working on my taxes.
My tax agent and I had to sit an discuss Bitcoin for about an hour.
End result: She can see how Bitcoin mining/trading/selling is a business, how it is an investment, how it is both, and how it is neither.
She said she needs to do additional research, call the IRS, and get back to me in a week.
She did say, though, that she thinks it will likely be categorized as an investment.
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