Do I need to complete the verification process if I only want to buy/sell & deposit/withdraw BTC on Bitfinex?
No. Ente |
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Thank you again for the interesting insights!
I read through that "bug" discussion, all sides made good points. This really is a much more complicated situation than it seems at first glance.
Shows how young Bitcoin still is, not?
Cheers,
Ente
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Awesome! :-)
This sounds like we are very close now! Excellent work, thank you!
Already in Jessie? Whoa!
Who decides if a (stable) makes it into a repo? Like, would any program be accepted? Or is there an entry limit to only have programs which will be used by many people, or the like?
Normally, Armory depends on bitcoin-core. Which is not in the repos. How is that dealt with?
Probably not at all, as Armory works in offline mode too, without bitcoin-core installed? So I guess bitcoin-core is not listed as dependency in the to-be Armory package?
Ente
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In my opinion POW cannot be used for spam prevention.. wrong doers will always out power regular users hashpower.
So that leaves only 2 solutions..
1. Whitelist, explicit trust.. this kinda ruins Bitmessage main feature anonymity
2. Charge valuable tokens per message.. Bitcoin? Nxt already has anonymous encrypted messages costing a tx fee?? or maybe its own coin.
Unfortunately the masses want free messages, I think a fee per message would not be a big success.
I don't follow you.. You say POW doesn't work, but suggest a(nother) coin, which itself would use POW? I prefer it this way, keeping it simple for the user. Sending messages take a little time, but they don't have the hassle with some coin stuff. This is a messenger tool, after all! Also, why should POW not work? Sending a message is somewhat expensive, costs, say, 30sec CPU time. For a user as mail-replacement this is ok. Spammers need expensive equipment to set up a big spamming operation. And even then, with 30sec CPU, this translates into 0.2 cents electricity costs. A single spam message probably won't yield more than that, in average. And finally, if ever there is a spam problem, it is easy to adjust the POW costs. Ente |
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The good side is that we will most likely release support for these devices in the form of plugins, so it won't have to wait for a major release.
Plugins is my #1 wish functionality by now! :-) Ente |
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Any eta on when you will be working on hardware wallets?
Trezor support at best in the next release, that's late October/early November if everything goes according to plan. so im assuming that after trezor support is included in armory, its going to be easy to implement other hardware wallets, since the ground work has been done, am i correct? BIP0032, 0038, 0039 are nice things. As we all are techies and most of us like it, those might become the "standard" fast. When several clients use them, other hardwarewallets likely will follow them too. Then Armory doesn't need any, or only small changes to support those future hardware-wallets. I like! Ente |
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Weird thing to invest developing time into.
This looks to me like a solution without a problem.
Maybe I'm too shortsighted here though.
Trading Bitcoin is speculative enough for me, I'll pass with speculating on the difficulty (that's what this is about, right?)
I would prefer BitFinex to work out the known problems instead, and to have a direct and steady customerrelation again..
Ente
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I am still trying to figure out how the swaps work from the lending side, but I found something I thought was a little odd. I have a swap lent for 30 days, and it has been lent fully for the last 3 days. The last 2 days I received the exact same amount of interest deposited into my account, but today, it was less. Shouldn't the same amount be earned in interest each day, given that it was lent out all day, and for the same interest rate?
Just to be 100% sure: is it FRR (variable, flash-rate) or fixed-rate swap? Ente |
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If I forget my encryption phrase, can I restore my wallet from an unencrypted paper backup?
Yes, that's the point! :-) Also, I encourage everyone to at least have one unencrypted, physical paperwallet. Ente |
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Hi all, BFXdata.com update: the landing page -displaying a collection of the most important (imho) Bitfinex Stats- now updates data in real time. Hope you'll like it  regards Bjorn You're putting the BitFinex team to shame with your constant enhancements and presence in this thread ;-) Much appreciated, you are doing great work! Ente |
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No official threads yet. We are trying to keep the price as low as possible (lower than other hardware wallets)
This claims that the Bitcoin communication will take place through radio waves !!! Am I reading it right ? By the way, is cardreaderfactory.com offering something similar ? That is right. Bitcoincard is designed to be used without an internet connection. I don't know anything about cardreaderfactory. Is not it the fact that military permission is required to use radio waves in commercial purpose ? Moreover, after the last hack, it seems Satoshi ordered something from cardreaderfactory.com using satoshin@gmx.com and as per their website they are a card designing firm doing something related to Bitcoin. I assume, Satoshi wanted to spread the usage of Bitcoin beyond internet too... Military permission? Never heard of that one. There are certain frequencies free-to-use for everyone (within limitations). If other frequencies are used, one can get (= pay for) licences at the regulating body. Just like they paid those insane amounts to buy UMTS mobile internet frequency licences.. It is widely assumed that satoshi hat nothing to do with that mail/order at all. Some random person entered his mailaddress in an order for fun. It wouldn't make sense for satoshi to use his public mailaddress, as the company would know his shipping address too then. Ente |
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Also: Congrats to BITFINEX! This thread was practically dead for nearly a week. This means that BFX is working very, very smoothly at the moment.
Yes, I agree, the platform runs smoothly. Still, there are like half a dozen questions still open here. Important questions too, like about "insurance" and "legal status". No FAQ yet, and generally no Bitfinex folks writing here for weeks. There where more posts, more info and closer communication with Giancarlo. I hope this is still acclimatization time and not sit-it-out time. Ente |
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Schönes Ende!
Ich hatte nicht geglaubt dass es so easy wird, schön, dass ich daneben lag.
,,jetzt nur aufpassen, dass das Finanzamt nicht Grund zu Nachfragen hat ;-)
Ente
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On the other hand, I just leave Armory running. Can use File-->Minimize to keep it hidden. It shouldn't require much in terms of resources, and then is instantly available whenever you need it. But I understand not everyone wants to do that (or might be resource-limited)
As yet another way, I have bitcoind (of bitcoin-core) in autostart. As it itself has no GUI, I won't even see it. The blockchain is always up-to-date this way, and whenever I run Armory, it's all ready in less than a minute. Also, that way I help the Bitcoin network with a semi-always online node (with portforwarding). Ente |
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Yeah, I'm in too. Maybe this helps as motivation for a regular excessive Bitcoinparty, huh? Ente |
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WTF? FRR for BTC is only 0.0155% daily. That's about 5% per year after fees.
Look at the bright side, its very cheap to short bitcoins! and we are in a down trend... Considering that bitcoin inflation is still about 10% per year, you are indeed paying a negative real interest for them. It would be interesting if you could then withdraw the BTC that you short on Bitfinex. Quite sure swap providers wouldn't find it too funny Um, well. Now we are talking about Bitcoin inflation. One of the major arguments for Bitcoin was the absence of inflation. Now where this beast (the inflation) came to this movie without me noticing it? People say Bitcoin is deflationary because, when all 21M are generated, no new ones are generated. I personally would call that "static" and not deflationary, but meh. Now, until all 21M are generated (in 2160 or something?), Bitcoin indeed is inflationary. Simply because every 10 minutes a new batch of 25 BTC are generated. Which adds up to currently 1,314,000 in a year, which is close enough to be 10% of the current 13,227,325 BTC in existance. Of course those 10% inflation in the Bitcoin amount is quite irrelevant in comparison to adoption, hype, crashes, and manipulation. And ridiculously little in comparison to the traded volume as well. Ente |
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Ah, it's sad it didn't turn out as planned.
Thank you, 600watt and team for the organisation, nevertheless!
There will be both 1000$ and a Bitcoin party, hope to see you there! :-)
Ente
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Hi guys
I'm back in the bitcoin dev world. I'm not sure I'll be able to be as much present as I'd would like starting from 2015.
That's why, now that I have a bit more time, I'm planning to finish newpywallet (or at the very least developing it enough to hand over the development to a trusted developer, but that's not the plan).
The version 0.0.1a4 is expected during September.
Nice to have you back! :-) Also: Jack is back! https://www.youtube.com/watch?v=TFTwZbeXngIEnte |
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Adding to my last post. If the donation depends on if a BCT-User convinced them then it could be failsafe i guess.
In that case NPOs are eligible for a donation if:
* The NPO asks in here BEFORE they implement BTC
* A BTC-User convinces them to accept BTC. Doesnt matter then if he asks here before or claims he convinced them after that.
But not when:
* A NPO has the BTC-Donation Ability implemented and says they did it because of BTC100.
This only would work if the BTC-User has to be on here since some time already. Or do i miss a point?
I think it would be helpful to clarify things a bit more and publish clear rules so that NPOs that wouldnt be eligible dont need to ask.
This sounds reasonable, Sebastian. Ente |
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If someone can suggest an open source alternative that we can easily get working let us know. Whereas I had problems getting skype to work on Linux in audio, Ekiga and Jitsu wont even login. I am able to login to both ekiga and getonsip on their websites but when I try the SIP clients they fail with an error message. I tried theses services when Skype suddenly didn't just work after my last upgrade. It turned out I had to make a lot of adjustments to the computer: I had to add an audio-server, and set it up.
sdp
Awful.. Internet video/telephony would be important enough to keep willing users from abandoning windows. Linux really needs to get its shit together on this one! Ente |
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