Bitcoin Forum
May 28, 2024, 01:17:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 [200] 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 ... 463 »
3981  Economy / Service Discussion / Re: Mt.Gox now requiring some kind of seperate Dwolla account verification? on: September 26, 2012, 03:36:45 AM
yes, I've done this before

Probably not for quite a while as they've had that security center since June.
 
 - https://mtgox.com/press_release_20120605.html

That verification is usually pretty quick -- oftentimes the same day, if done during the week and it isn't a holiday and there is no other crisis going on (like, perhaps, this week's scramble to overcome their loss of Barclay's bank for their UK customers).

3982  Bitcoin / Project Development / Re: BitcoinCalc.com - Request for features on: September 26, 2012, 03:29:04 AM
What features, calculators or statistics are you missing in bitcoin eco system? What we should bring on the domain?

If you are providing exchange rates, then there are concerns.

Quite often the rate at Mt. Gox is taken as the "official" rate.

However, is that the last trade, the current best bid, or the current best ask?

Additionally, that rate doesn't consider slippage.  Perhaps just a few BTC are available at that level, and to buy even less than 50 BTC sometimes causes a half-percent swing.   So maybe there needs to be a quotation for a specific action (buy or sell) and for a specific depth (slippage taken into account).

Also, should Mt. Gox be taken as the "official" price.   Perhaps it should be a weighting where anything that is an outlier gets discounted or omitted.

This is something that is beginning to become more important as a reliable source for "current price" is needed and is pretty much inconsistently determined at this point.



Also, there are two ways to compute exchange rates for currencies other than USD.  For instance, there are BTC/AUD markets but that may be far from what a merchant really wants, the BTC/USD converted to BTC/AUD using the "official" AUD/USD exchange rate.   The merchant may not plan on converting to AUDs, but just needs to know what price to charge.  So using the latest BTC/AUD may reflect a price unfavorable to either the merchant or to the customer at any one point in time.


There is no accurate history of trading volume per-day that includes all exchanges.  BitcoinCharts gives each specific market, e.g., Mt. Gox's BTC/USD,  BitSTAMP's BTC/USD,  BTCChina's BTC/CNY   but there's no total for the day of ALL the exchanges combined.      As bulk and direct selling becomes more widely used, this total may not mean as much though. so maybe this isn't as important as it once seemed.

The current "currency inflation rate"  ... e.g.,    in the past 24 hours, how many coins were issued, then compute that daily inflation rate on an annual basis.  e..g, at this moment, Bitcoin Watch shows 131 blocks produced in the past 24 hours.  That is 6,550 BTC.   So 6,550 against 10,027,100 that exist at this moment = 0.00065323  daily inflation rate, X 365 days/year = 0.238428858,  so the currency inflation today is at 23.8% on an annual basis.  This will bounce around depending on the number of blocks occurring each day but this is a metric not reported much elsewhere.
3983  Other / Off-topic / Re: Sorry, y'all: Game Over. I'm about to buy all the bitcoin. on: September 26, 2012, 01:57:22 AM
And ... the latest incarnation:

 - http://i4dollars.com

Tango down i4dollars.com

Where will this whack-a-mole scammer pop up next?
3984  Economy / Scam Accusations / Re: DaiIy Anarchist is most likely a scammer on: September 26, 2012, 01:47:18 AM
Well that settles it.

Perhaps change the thread title to something like
Account username spoof of Daily Anarchist

or something similar.
3985  Other / Beginners & Help / Re: Mt.Gox bank account in UK closed? on: September 26, 2012, 01:42:00 AM
Maybe because of this more people are using mtgox, and because they can only do 300 transactions a day they are having to0 turn away business?

Anyone shed any light on the matter?

Mt. Gox's message said even they weren't contacted by Barclays before it happened, so they didn't know.   They usually don't provide the details when bank problems occur.

You probably should assume it will be closed for an extended period of time though.

Here are some options to consider:

Blockchain.info just added the ability to use Barclay's Pingit to buy bitcoins using GBP:

 - https://blockchain.info/wallet/deposit-pingit


You can also send cash (GBP) in the mail to Bitcoin Nordic (in Denmark):

 - http://www.BitcoinNordic.com


And, or course, there may be a chance for a local trade:

 - http://www.LocalBitcoins.com
3986  Economy / Service Discussion / Review - Dragon's Tale MMO Casino on: September 26, 2012, 12:59:56 AM
This was a great review of Dragon's Tale MMO Casino.

Something I just learned:

Quote
I’ve just added support for credit cards, along with the necessary safeguards. You can buy Bitcoins in-game, on a credit card, instantly. Cash outs to Visa are instant as well, and for Mastercard require a wire transfer. Of course, US players must come with Bitcoins of their own,





 - http://bensonsamuel.wordpress.com/2012/09/26/dragons-tale-play-to-win-bitcoin

 - http://www.dragons.tl
3987  Bitcoin / Bitcoin Discussion / Re: Bitcoins from the fire on: September 26, 2012, 12:04:17 AM
It remains to be seen if our fractional reserve notes and their caveats are performing equally as well. Bad ideas don't do well in the long run. Good ideas stay around forever, in some form or another.

Bitcoin is the economic singularity:


Quote
In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now.

 - http://themonetaryfuture.blogspot.com/2011/06/bitcoin-is-economic-singularity.html
3988  Economy / Service Discussion / Re: MT GOX problems (UK user) on: September 25, 2012, 11:46:30 PM
Is it just me or are all of these Bitcoin exchange websites absolutely terrible in their methods and service?

It's not you.

Here might be some options to consider:

Blockchain.info just added the ability to use Barclay's Pingit to buy bitcoins using GBP:

 - https://blockchain.info/wallet/deposit-pingit


You can also send cash (GBP) in the mail to Bitcoin Nordic (in Denmark):

 - http://www.BitcoinNordic.com


And, or course, there may be a chance for a local trade:

 - http://www.LocalBitcoins.com
3989  Bitcoin / Bitcoin Discussion / Re: Vimeo plans tip jar using Credit Cards, lets get them to accept Bitcoins on: September 25, 2012, 11:32:49 PM
This would be a good implemention for bitcoins

Well, good for the content creator, bad for Vimeo (who takes a 15% cut):

Quote
Viewers can then tip as much as they want using a credit card. Tips will be transferred to the video creator's PayPal account, minus a 15 percent service fee that Vimeo pockets.

 - http://www.pcmag.com/article2/0,2817,2409890,00.asp
3990  Economy / Scam Accusations / Re: DaiIy Anarchist is most likely a scammer on: September 25, 2012, 11:14:47 PM
The account for the real Daily Anarchist user is:

 - http://bitcointalk.org/index.php?action=profile;u=43477
3991  Economy / Service Discussion / Re: Best way to move USD between exchanges? on: September 25, 2012, 09:24:25 PM
i.e. is there any way to get USD from say btc-e to mtgox for less than 1%?

If there was a lower cost to move the funds, there would be less of a price difference between the two and you wouldn't be as interested in doing so.

So essentially, for someone performing arbitrage, the profit is nearly the same regardless of the fee to move fiat funds from one exchange to the other.


[Update: Two services that appear to be under-utilized by arbitrageurs, however, are CurrencyFair and TransferWise.

The way it works is you push funds from your bank to the service, then convert to the other currency, then perform a bank transfer to the destination's bank account.  The only mismatch is needs  is that the sending account must be your own.  

But here's a scenario.  Alice has a bank in the UK.  Bob, an over-the-counter trader in the U.S. will trade bitcoins with Alice, if she pays in USDs.  So Alice sends GBP to CurrencyFair, then converts those funds to dollars.  She then does a withdrawal, sending those funds to Bob.  

The withdrawal to the U.S. counterparty is done through ACH, so this doesn't work for sending funds to any exchanges as no exchanges presently take deposits via ACH.  But for over-the-counter trades, this method becomes quite useful. ]




3992  Other / Beginners & Help / Re: How to determine the sender? on: September 25, 2012, 09:07:05 PM
But how can we tell how many bitcoins sent from A to D?

De-linking the inputs from outputs helps privacy.

Here's a mixing service that uses this to help improve privacy:

 - http://blog.ezyang.com/2012/07/secure-multiparty-bitcoin-anonymization/


And, of course, the recipient knows the sender when a new bitcoin address is given for each transaction.
3993  Bitcoin / Press / Re: 2012-09-25 Frank Braun @ Keiser Report: Bitcoin, OTC exchange, privacy extremism on: September 25, 2012, 08:19:20 PM
Here's the slides from Frank's talk at the Bitcoin 2012 conference in London:

 - http://shadowlife.cc/files/btcotc.pdf
3994  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: September 25, 2012, 10:33:36 AM
KickStarter made some significant changes with what types of projects they will allow.

Basically, the more risky projects are no longer welcome on KickStarter.

If you have to use a drawing, CGI or animation to show your product, you aren't welcome at KickStarter -- photos of actual prototypes only,

If you are looking for speculative buying through KickStarter of your first production run, you aren't welcome.  One "reward" per backer.   KickStarter is no longer pre-selling but instead back to providing donation-based "funding".

The equity crowdfunding won't likely have such restrictions, but KickStarter doesn't want to be an equity crowdfunding platform so they needed to make it less possible that there will be "capital at risk" from "investment" into products that never materialize.

 - http://www.crowdsourcing.org/editorial/kickstarter-bans-project-renderings-adds-risks-and-challenges-section-/19431


There was a question asking about what Bitcoin-related crowdfunding exists.  The response:


For donation-based crowdfunding:

 - http://www.BitcoinFunding.com  (though the service is being run anonymously, and there are allegations of it not being legit)

There's also:

 - http://www.Propster.me
 - http://www.PirateMyFilm.com
 - http://www.Booster.io

"[Still] Coming soon"...

 - http://bitcoinstarter.com

and some day coming back:

 - http://www.BitcoinChipIn.com

P2P Lending:

 - http://www.BTCJam.com

Of course, the "equity" markets for equity-based crowdfunding:

 - http://www.GLBSE.com
 - https://en.bitcoin.it/wiki/MPEx#Stocks
3995  Other / Beginners & Help / Re: GLBSE IPO for a LLC on: September 25, 2012, 10:06:39 AM
IMHO generally a bad idea.


You hadn't added a link to your discussion on an alternate approach, so I'm adding to this thread here:
   
I think I may have found a solution for "real world" companies and GLBSE.

 - http://bitcointalk.org/index.php?topic=110042.0


why I would be looking at doing an IPO on GLBSE the reasons are simple.  I like how little BS/paperwork is involved with GLBSE versus things like the NYSE/Pink Sheets/etc...  I would rather spend time working on growing my business than hours/days/months on paperwork just to get listed on an exchange.


Because crowdfunding rules in the U.S. haven't even been finalized or published, the requirements to do an equity crowdfunding IPO aren't even known yet.


Generally to crowdfund you'll want to use a crowdfunding platform -- perhaps one that might already have an investor following that is familiar with your industry.  But even though things won't start popping until early 2013, you could start vetting platforms now.

One thing you might consider is to put a bug in the ear of one of those local lawyers interested in learning about crowdfunding.  Perhaps suggesting the upcoming crowdfunding bootcamp would be something of interest:
 - http://crowdfundingroadmap.com/bootcamp

Good sources of news and updates of the crowdfunding industry:
 - http://www.CrowdSourcing.org
 - http://twitter.com/bitcoinmoney/crowdfunding
3996  Economy / Service Announcements / Re: Mt.Gox - Temporary suspension of all GBP Deposits via Barclays on: September 25, 2012, 08:34:57 AM
There was a thread just posted asking for a survey of exchanges in the UK, so I thought I'ld share that link here:

 - http://bitcointalk.org/index.php?topic=112683.0
3997  Other / Beginners & Help / Re: Best exchanges for UK users? on: September 25, 2012, 08:19:33 AM
mtgox requires alot of verification, hopefully it wont take too long

New information:

Quote
Temporary suspension of all GBP Deposits via Barclays

TOKYO - JAPAN - September 25, 2012

It is with regret that we have to inform our British users that you will no longer be able to deposit British Pounds (GBP) to our Barclays bank account from now on.

 - https://mtgox.com/press_release_20120925.html
3998  Other / Beginners & Help / Re: Mt.Gox bank account in UK closed? on: September 25, 2012, 08:17:50 AM
Ah ...


Quote
Temporary suspension of all GBP Deposits via Barclays

It is with regret that we have to inform our British users that you will no longer be able to deposit British Pounds (GBP) to our Barclays bank account from now on.

 - https://mtgox.com/press_release_20120925.html
3999  Other / Beginners & Help / Re: Best exchanges for UK users? on: September 25, 2012, 08:14:02 AM
Just wondering what all exchanges you all use if you're UK or Ireland based?

Blockchain.info just added the ability to use Barclay's Pingit to buy bitcoins using GBP:

 - https://blockchain.info/wallet/deposit-pingit


You can also send cash (GBP) in the mail to Bitcoin Nordic (in Denmark):

 - http://www.BitcoinNordic.com


And, or course, there may be a chance for a local trade:

 - http://www.LocalBitcoins.com


Ireland uses SEPA, so there are alternate methods, including:

 - http://www.BITSTAMP.net
 - http://www.Intersango.com
 - http://www.Bitcoin-Central.net
 - http://bitcoinsinberlin.com
 - http://www.MtGox.com
 - http://www.BitcoinNordic.com
4000  Other / Beginners & Help / Re: Mt.Gox bank account in UK closed? on: September 25, 2012, 08:12:59 AM
Sorry if the title turns out to be misleading, I might have just misunderstood something but the message seems to be very specific...
This is what I got just now, trying to pay some GBP into Mt.Gox's bank account.

What bank are you trying to send from?
Pages: « 1 ... 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 [200] 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 ... 463 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!