Sounds like you want someone else to write it  Roughly: Use bitcoind (and bitcointools?) to make addresses as needed and look out for payments etc OR Use a service like Mybitcoin.com to handle it for you. |
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While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.
I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.
I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it. I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks. I'm with you. Want to camp together if this shit burns? |
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Binary options are functionally the same as European options. Options exchanges in the US are dominated by American style not European style options.
Wow, I'm confused then. I thought American was exercised anytime, European exercised near expiry, binary only triggered if price is above/below strike at expiry and worth a fixed amount. Correct me please. |
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I made my first purchase at .03. It was really really small  |
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I think that their simplicity would appeal to a large segment of the market here.
I'm imagining hourly , daily , weekly, monthly, (yearly?)
Are calls so hard to understand? You are buying the right to buy at X price. Is that harder than you are buying the right to Y if someone trades coins for X price? |
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The Vatican library is on my list to donate to right below Gaddafi, Satan and Bill Gates.
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Is that your idea of foreplay  Bitcoin is arousing imo. |
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Binary options give incentive to try to move the market when the price is close to event price. I'm sure they have some purpose and are fine in super deep markets, but I would avoid them myself.
Point taken, however, they allow people without BTC, to get in on the action 'sort of speak'. Not to mention, nay sayers can put their money where their mouth is, to quote an adage. Bears and Bulls can take them out. Binary options aren't special in terms of letting people bet against something. Selling a normal call or buying a put does that already. Binary options bring an "all or nothing" element that encourages people to "push the price over some ledge". It isn't fundamentally bad, but it isn't wise to use them in any size relative to market moving amounts. |
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What does it mean "work"?
If having slaves water your garden makes it grow does that work?
If the slaves feel fulfilled and by all means happy, sure. So it only works if it is voluntary? If the majority of sentient organisms must experience the illusion/or actually the freedom of association and freedom as individuals in order to be happy, so be it. So you'll let me be free if you think I need to be free to be happy or if I think I need to be free? Well, my permission isn't relevant. Think of societal structures. Maybe it doesn't matter about your permission/condoning, but you did start a thread about it. Let me rephrase, is it NOT okay with you if I am NOT free when I want to be? Or do you only desire me to be free when some other entity (a societal structure?) thinks I need to be free to be happy? I desire that you are sustained happily and if it requires that you thrive on being able to sustain yourself, so be it. Try to see the meaning in what I am trying to do here. I'm trying, you seem clever, but we have some communication problem I think, and I don't know what you mean here. It seems like you are saying that nonconsensual interactions are fine with you if ____________ . But I can't understand the criteria. |
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There's a simple fix to this solution. Don't decrease intensives for people to mine. Once you do you compromise the network.
I don't know why you people are so hostile to this. It should be very easy to understand.
Make it. It isn't Bitcoin it's something else, something I think will fail. Seriously 99.999% of the work to make it is done, yet it isn't happening. This is because it is a crap money. |
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Hoarding is evil; saving is virtuous.
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What does it mean "work"?
If having slaves water your garden makes it grow does that work?
If the slaves feel fulfilled and by all means happy, sure. So it only works if it is voluntary? If the majority of sentient organisms must experience the illusion/or actually the freedom of association and freedom as individuals in order to be happy, so be it. So you'll let me be free if you think I need to be free to be happy or if I think I need to be free? Well, my permission isn't relevant. Think of societal structures. Maybe it doesn't matter about your permission/condoning, but you did start a thread about it. Let me rephrase, is it NOT okay with you if I am NOT free when I want to be? Or do you only desire me to be free when some other entity (a societal structure?) thinks I need to be free to be happy? |
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Hello BTC_Bear, I hope you come trade with all the bulls!
Our commission structure:
On a crossing: 1% from each party
If you want to become a value-added provider, say with a great website which streams quotes, and allows people better features than our humble one, you can charge a commission, whatever you like, up to 10%. You choose.
We will take 20% of the commission you choose; that's our way of paying for supporting third-party API developers. Of course, you con't have to charge anything.
So, in short, it's 1%.
I really like the binary options idea; I believe it will be easier to understand and trade for people. I'll have to look into how it could be implemented.
Binary options give incentive to try to move the market when the price is close to event price. I'm sure they have some purpose and are fine in super deep markets, but I would avoid them myself. |
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Bitcoins will fail because no government on earth will let it be legal with something that they cannot control or get taxes from.
I think they will create something similar except that it will let all transactions be recorded.
But I still think bitcoins will be used as a black market for trading illegal things and for avoiding taxes.
Druglords and mafia can use bitcoins and only the italian mafia is extremly big, than you got the triads, the yakuza the mexicans etc.
So it will probably have some value.
iirc there was some discussion around keeping a complete log of transactions. I think the upside was that it was the only way for Bitcoin to function at all. Wait, I just found a complete record on my computer. |
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You realise you can spend tiny fractions of a Bitcoin right?
It's not like a dollar, you can't only break it 100 ways.
Oh, thank god. |
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Miners have the correct incentives to find a solution(s). I'm not saying it isn't a problem, but it will be solved.
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Saying that Bitcoin mining will deplete the GPU stores is like saying that a free wine tasting will deplete the reserves of a winehouse. AMD produces GPU's in the TENS OF MILLIONS. Mining currently employs cards in the tens of thousands, over the hundred thousand mark AT BEST. That's several orders of magnitude under the current card production. Mining doesn't even dent the reserves, the reason some cards are unavailable is because everyone buys them for gaming, not because a few buy them for mining. Bitcoin's popularity and the difficulty growth have quite a long way to go before they become noticeable in AMD's stock price. This has been discussed many times before though.
That isn't a complete explanation at all. It's like saying we ran out of food because everyone uses it to eat. The chip companies surely knew that people were going to be gaming, you need another fact to explain how they guessed too few. It makes much more sense to over guess because the marginal cost is way way less than the average cost. |
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my bitcoin.exe seems to be stuck on 106306 blocks
Do you have connections? |
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I'm sure mtgox wouldn't mind competition if you think you can do it better.
Unless you wanted to move your funds to the competition  |
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