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41  Bitcoin / Project Development / Re: Ripple: A Distributed Exchange for Bitcoin on: April 12, 2013, 08:57:01 PM
i dont really understand. can i send BTC to my ripple wallet?

Nope, you send your BTC to me, and then I give you ripple BTC IOU's. Everybody wins! (but especially me).

Well, I really believe that ripple could be something, but as I've understood it is still closed source and therefore I can't trust it.
42  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: April 12, 2013, 08:22:44 PM
Is there a possibility to implement a fixed fee?

I'd like to sell at mtgoxEUR_ask+10€.

Of course, this should be convertible into any currency:

(mtgoxUSD_ask+10USD)*USD_in_AUD
or something.



It is one of the more requested features, but it would require quite lot of work. We are currently understaffed, so I can't promise it.

We have made upgrade to the feedback system, which hopefully will be a delight to some: http://localbitcoins.blogspot.com/2013/04/feedback-system-overhaul.html
43  Bitcoin / Bitcoin Discussion / Re: Max Keiser and the Rise of Bitcoin Demagogues on: April 10, 2013, 11:54:03 AM
He may "pump" but he doesn't intend to "dump". As he ravages against the central banking system all the time, I feel he believes Bitcoin needs a strong backing in capital to be ready for the fight.

I don't see how pumping more and more money into bitcoin gives it stronger backing. I believe that much better backing is provided with products, services, software & technology.

Simplifying: if there is only one exchange, it doesn't matter what the bitcoin valuation is, it is similarly easy to take down. Then again, if we have thousands of exchanges, it is quite difficult to take bitcoin down.
44  Economy / Gambling / Re: [ANN] TorBroker - Fund your account in BTC and trade ~1000 real stocks and ETFs on: April 08, 2013, 11:13:20 AM
What makes me suspicious is the 1% fee. I would believe in the service more if it had 5% fee.

Edit: not that I would still put any money to this.
45  Bitcoin / Project Development / Re: BTC400 pledged to develop USD/BTC rate prediction market on: April 07, 2013, 05:30:54 PM

I'm an atheist, though I can certainly understand the religious prohibition against crap like this.  Will your business venture make the world a better or worse place?  This kind of uncreative, greedy mentality and all the get-rich-quick type businesses popping up are a disgrace to the community.  If this is the best people can come up with, you can say goodbye to your economy, standard of living, etc.  Bitcoin or no, if all you can produce in your economy is lottery tickets, you are truly fucked.  Even that 23yr old Avalon guy who calls his customers the bottom feeders of bitcoin is worthy of a lot more respect, at least he produced something of value.  This is just another leach.  Life is short, do something you could be proud of, and your childeren's childeren will be proud you did.  What kind of people do you think get involved with running casinos anyway? 




I believe that this kind of speculative tools help to stabilize the exchange rates in the longer run. However I agree that it is more like a belief than a fact.
46  Bitcoin / Bitcoin Discussion / Re: Amir Taaki needs to stop talking about bitcoins on: April 07, 2013, 04:41:30 PM
People also don't understand, that anyone can try to go represent bitcoin anywhere. I would guess Amir has been doing more bitcoin promotion around the globe than 99% of people on this thread. If you want Amir to go away, start going to those conferences, putting up materials online, etc etc. Most people here are just complaining, not doing.
47  Bitcoin / Bitcoin Discussion / Re: Amir Taaki needs to stop talking about bitcoins on: April 07, 2013, 03:58:01 PM
People should clearly start a "Bitcoin goverment" which governs people who use or talk about bitcoin. With violence.
48  Bitcoin / Project Development / Re: [IDEA] Distributed Anonymous Green Addresses on: April 07, 2013, 03:10:36 PM
Good idea. I have been actually thinking about lots of applications for autonomous agents.

However the first problem is that you should program an anonymous autonomous agent framework. AFAIK that is VERY difficult problem. Requires quite an infrastructure.

The first problem that I see, is that we need good (probably decentralized?) marketplace for VPSs/dedicated hosting. So that the autonomous agent could live there and replicate.
49  Bitcoin / Electrum / Re: How to import bitcoin addresses generated using Master Public Key? on: April 05, 2013, 04:41:08 PM
...

I guess you have to program that yourself, electrum doesn't do that kind of thing by default (AFAIK).

So if someone used acceptbit.com to make a sales - he than has to write a special program to get hold of funds???


acceptbit.com is just a proof-of-concept sone in a weekend hackatohon. I should probably state this more clearly on the frontpage.
50  Bitcoin / Electrum / Re: How to import bitcoin addresses generated using Master Public Key? on: April 05, 2013, 03:25:17 PM
there is no special way to import them; you don't want to set your gap limit to such a high value.
just import them as if they were exogeneous


Thank you.

My scenario is - online merchant uses accepbit.com model to generate addresses from MPK for each order.

How does merchant gets hold of the funds after making few thousand sales?

What are the steps?


I guess you have to program that yourself, electrum doesn't do that kind of thing by default (AFAIK).
51  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: April 04, 2013, 10:25:07 AM
Is LocalBitcoins having some server errors or something?  I'm trying to add an advertisement to sell a few Bitcoins in my local area, and every time I hit Submit I am greeted with a page saying "Error in form" and the following (personal details blanked out):
https://i.imgur.com/OJWXYW2.png

I've already put the right numbers in, but okay... I'll try it again, putting in the same numbers I put before I clicked Submit.  Same errors.  
https://i.imgur.com/1NWnoFs.png

I read the FAQ and saw that prices were updated every 5 minutes, so I rushed to create the advertisement with as little unnecessary wording as necessary, but it still failed.  (I highly doubted this would work, but it was worth a shot)

I may have explained that poorly, but the end result is that I am not able to create a "selling BTC" advertisement for myself like I have in the past.  I'm just curious if there is a technical reason behind it.

EDIT:  Tried it again with a static value for the sell price rather than one relying on the MtGox API, and it still failed.  "Error in form" is as descriptive as the error message gets.

EDIT 2:  That's not to say that the entire site is broken, absolutely not.  I can still deposit and withdraw Bitcoins to/from my account wallet just fine.  I just can't seem to make an advertisement, that's all.

It is complaining about the minimum value. The minimum value can't be zero. I'll try to make the message clearer.
52  Bitcoin / Bitcoin Discussion / Re: Western Union to begin accepting Bitcoin (WSJ) on: April 02, 2013, 11:33:05 AM
Yes, they could blow everyone else out of the water and make an incredible amount of money in the process, but only if they have the intelligence and the balls to significantly alter their business model. Large corporations don't have a stellar track record when it comes to that, I'm afraid.

I don't really know how much they would have to alter their business model. They could just add bitcoin payment option via bit-pay to allow sending money with bitcoin, that would be fairly trivial. For the receiving end, they could partner with a company such as Bitinstant.
53  Bitcoin / Bitcoin Discussion / Re: Western Union to begin accepting Bitcoin (WSJ) on: April 02, 2013, 10:34:20 AM
If it is April fool's joke, they should have declared it somewhere/by now?

And even then, I think it would be pretty bad joke. It is not that outrageous thing. And not that funny to 99,9% of the people who don't know what bitcoin is and what's so special about it.
54  Bitcoin / Bitcoin Discussion / Re: Here come the accusations of "You were just lucky!" [crosspost to Reddit] on: April 01, 2013, 09:11:17 PM
Well, it was lucky in similar way as being born to a 1st world country etc. Owning a computer is pretty lucky if you consider things globally.
55  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: March 28, 2013, 06:18:54 PM
We are moving to small Caribbean country where authorities have more respect to people's assets.

So you trusted a small tax haven island with your money. The plan failed. Your next step: trusting even smaller tax haven island with your money. Pure logic  Grin
56  Local / Deutsch (German) / Re: Bitcoin Kiez Rollout on: March 28, 2013, 04:16:47 PM
Hi, anyone know what is the current status of Fabelhaft Bar, will I be able to pay with BTC? Want to support the newcomers as well in addition to Room77 Smiley
57  Bitcoin / Project Development / Re: Entrepreneurial Opportunities With BitCoin on: March 22, 2013, 06:32:47 PM
Create a centralized stock trading market like mpex.co, but instead using the colored coins concept so that people can "withdraw" their ownerships outside from the centralized system.
58  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: March 22, 2013, 01:39:38 PM
Im new to Localbitcoins  but so far have found it very useful for both buying and selling coins in the UK.

Question:
If i put up an online ad for people to buy coins from me, and i get too many orders in a short amount of time is it possible for me to be short on the amount of BTC required.
i.e i have 10 BTC in my wallet and someone requests a 9 BTC trade, moments later another person requests a 10 BTC trade. Will the site tell the 2nd person only 1BTC is available or would that be my job to message the buyer.

Thanks

The online feature works in a way where bitcoins are automatically taken from your wallet. When your wallet has less than 1 BTC, the ad will change to disabled state.
59  Bitcoin / Bitcoin Discussion / Re: Easy to use and yet secure wallet on: March 20, 2013, 02:43:50 PM
Probably the coming physical wallets are going to solve this. However it is going to cost some money.

So, the third component is price: I believe in the future, you can pick two from the follwing three properties: easy, cheap, secure Smiley
60  Bitcoin / Bitcoin Discussion / Re: Is it smart to use mtgox as your bitcoin wallet on: March 20, 2013, 01:26:07 PM
thats not really true

you have a fixed deposit address. but a very strong problem is, that if you withdraw money (eg playing sdice) the coins do come from a different address (which is NOT your deposit address).

^^ so its impossible for the receiver to just "return" coins (which sdice tries)

This "problem" is desirable privacy-enchanging feature to some. Troublesome if you want to gamble on satoshidice or deal with merchant who uses blockchain data for refunds (merchants should never do this IMHO).
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