Ok, so I searched for anything I could actually buy there and when I finally found something I would be willing to buy, there was no option to pay in bitcoin.

If you are interested in how the evening was economically for the Bar California Cantina, their wallet is 15ueKWwm6XtofS6DyTQie6sHUCx6fHCRnU

Yeah, the opening event was a full success with about 200 guests.

A little slip was when khipu came onto the stage. Hilarious but most likely not on tape anywhere. Long story short, the "hey, buying is easy and instant" show turned into a "yeah, well, the pendrive is empty, so I can't show you the video of how easy it is but we can do it here life" and that resulted in a "oooops, where is my internet … oh, here it is … and why does the khipu client want to be installed again" and the khipu guy explaining geeky stuff about changes in how chromium handles plugins, but in the end the bitcoins were still purchased in record time of some 5 minutes

Yeah, sure, makes sense. Chile is not Argentina. Chile has the most stable economy in South America and the CLP is just as stable as the USD.
1USD=433 to 670CLP throughout the last 10 years with 2% total deflation over this period.
Argentina looks slightly different:
1USD=2.8 to 6.6ARS throughout the last 10 years with 120% total inflation over this period.

While I couldn't care less about the concrete answer to this, I welcome these investigations to raise awareness to the issue. Not investigating publicly does not mean others don't already sell this data for money and having the tools and knowledge public is worth a lot.

People who are new to bitcoin don't care cause they "only invested $1000" but then they realize they are paying with their Mycelium wallet since 2 years and their transaction history always involves one address and they moved a fortune worth of coins due to price increase …

Please find their stash and confirm or question their claim of not having cashed out. It is of interest.

My mantra since day one

Did you check how many PB you can download now?

You also said:
implying you confuse blockchain.info with the blockchain bitcoin uses as its database of all transactions. The former is a company you mentioned while the latter is the official record of bitcoin transactions.

Two factual errors in OP:

• Localbitcoins has no minimum of 1BTC. You can buy and sell smaller amounts, too. I currently have my offers running although I "only" have 950mɃ there. I sold as little as 20mɃ, so I doubt there is such a limit on the localbitcoins' side.
• The blockchain is the authority in bitcoin and it is on every computer that runs a full client such as bitcoin-qt. blockchain.info is a for profit company that has no authority over transactions, although they make it easy for hobby projects to gather information about bitcoin and its blockchain.

BTCChina was super broken these days. What's up with it? I also would like to hear some info here, why I can't follow the biggest exchange by volume in real time.

xorxor can you please update your info in a more objective/technical language?

This for example doesn't mean anything to me. 524288 is not a huge reward if there is 524288524288524288 units in total. Neither is "extreme fast reward drop" very informative. Maybe better formalize it by providing milestones of 1%/10%/50%/90% in existance. For Bitcoin that would be something like 1 month / 10 month / 4 years / 13 years.

If you want to normalize it for coins that have infinite inflation, take a 20 years perspective meaning you take the money supply from 20 years after staring the chain.

The reason I ask for this is that I believe that it doesn't matter if some coin is instamined like some PoS coins, quick mined like IFC or premined by just not announcing it for the first x% and people might have different preferences at what time what %% might be acceptable.

Santiago de Chile. This monday. 25 people. This Wednesday. 100 people. Ceo of blockchain.info to come to both. Looking forward to attending both events, happy the community in chile is growing.

On my end http://bitcoinity.org/markets/btcchina/CNY was quirky(er than gox and bitstamp). Not sure about carolynwneal25.

I's up for me.

What is the state of this project? I consider this or anything like this the most important improvement since Bitcoin itself as I would expect from it:

• instant payment solved once and for all
• truly free-ish transactions (for a long time to come: if 8billion people want to participate with just one one-year-channel each, we would still have to process 300k transactions per block)
• arbitrarily small payments (down to 1 Satoshi until we introduce more decimals)
• increased anonymity (if done as described here and not with just a small set of entities providing nodes like email providers)
• closely related: an end to services actually holding users' money with all the risks that brings with it

As the server/node part of this should be completely trust free, it could even be run by a company closed source with huge profit potential as currently every bitcoin transaction is worth $0.08US.


I find this concern rather funny. One – although not the only – reason to give money transmitter high scrutiny is to protect users from the money transmitters spending their money. Paypal is holding gigantic amounts of money at any given moment. The point of the proposed tools here is to remove that trust completely so I would consider it worth arguing if you are a money transmitter by these laws at all. Sprint and AT&T also transmit banking messages via their networks and they also charge for transmitting these messages.

The other point is that the project proposed here is meant to be available to everybody as open source (right?) although a trust free node could be used even if only the client was open source. How will FinCEN possibly police all the kids that aptitude install a payment node to "mine" some mɃ?

Message #666 in this thread deserves that number Really diabolic way to hack somebody.

For noobs: Brain wallets are rat poison and will get people to loose their money.

For pros: I like brainwallets as it allows me to give bitcoins totally offline with only pen and paper. I told a friend to make up some 5 long completely unrelated, maybe slang words and write them down. I wrote them down, too and she paid me for one bitcoin back then when it was around $10. I sent a bitcoin there when I got home. Worst thing that can happen is that she loses a paper with meaningless words on it

Yeah, go ask for the government to help you with your wild west libertarian money. Good idea. lol

If it would work that way, I wouldn't have been that vocal here in this thread but I would assume they did a good job at getting away with your money anyway.

Thank you Jan for that answer. I guess I'm not the only one who is excited to see the card become a reality. I hope to see soon which promises it made are actually possible to hold as the demo video makes really bold claims.