"...Then you win."  |
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Nothing forces them to hold to their bitcoins. They can convert donations into national currencies as soon as they are received.
Anyway I expressed my opinion about the Wikimedia foundation already. I believe we should NOT donate anything to them.
Though Wikipedia is a great project (possibly the best ever that came out of the internet), I think the failure and disappearance of the Wikimedia foundation would be a good thing.
+1 in general. Wikimedia became just another corporation, with all the "good and bad" of such. Wish it were replaced with a distributed platform, which we discussed here and found in development back then... Here was the Wikimedia response to my donation offer in February 2011: Thank you for your email. BitCoins are currently in beta and not widely used, so
we're reluctant to accept them at present. However, I've spoken to some of our
fundraising people, and they're looking into the possibility of accepting bitcoins
for next year's donations drive.
Yours sincerely, "next year's donations drive" is here! |
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Заказал газель попкорна)! А че Mkalinin нету ? Не порядок как-то.
Прибавил Калинина, и других упомянутых. Так много теперь. Когда первый раз опрашивал, болшинство пахали на колхоз ДипБит. |
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Dwolla is a payment network that uses ACH. Mt. Gox and Camp BX are two exchanges that accept Dwolla account transfers to fund an exchange account. The total cost by Dwolla is $0.25 per transaction. Then the coins can be bought at the market rate. With Camp BX if you are patient you might even be able to buy below spot as an aggressive seller may come down to your price.
After the TradeHill disaster, the only thing i want from Dwolla is for them to go bankrupt. If "it's all about me" for you, and it doesn't matter over whose corpses a business with which you deal stepped over, that's a whole another problem...  I'll check CampBX next time, and hop around the myriad of other exchanges, maybe even go through the hassle that #bitcoin-otc is for Bitcoin regulars, not to mention the average consumer...  Coinbase does work pretty smooth, except for the week-long wait. So, there is 1%+ a shopper would pay to the middlemen of Bitcoin. Then we add the 1-2.49% i paid to BitPay, which the merchant naturally passed on to me in the item price. So, i was up to 2-3.49%+  Welcome to credit card charges parity in the Bitcoin world! ...not to mention all of my time to buy Bitcoins, transfer them around, etc... ...
Bitcoin gives an edge. For some period of time, the merchants that start taking advantage of this will have a competitive advantage over their peers. It starts out slowly but it scan spread quickly once it catches on.
Right, so the edge that Bitcoin gives them, at least some of them are using against the consumer, after he went to all the expense and trouble of acquiring Bitcoin. I checked Coinabul prices, for example, which if i understood right was one of the organizers of this event. Even with the discount, Coinabul was ~1B more expensive on the same 1oz silver coin with shipping than one of their giant competitors, such as Ampex, with all of its processing overhead. So, while Bees Brothers service is top notch, the Bitcoin Black Friday Sale was really not worthwhile to me. I can get the same stuff cheaper, with less hassle using a credit card and such. I won't participate again, until i see real deals, price-match guarantees, and the "Bitcoin edge" is not being used again me. |
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It would be like saying. Yeah someday gold miners could get tired of limited quantities of gold and start making coins made out of sand.
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Perhaps, to you "it would be like saying" that, but i am not going to waste our time on this pedantic debate, which has happened here before, including scenarios under which the miners would change the Bitcoin rules... That's the point: Bitcoin has rules - of which the limited supply is one - which can be changed by the miners, because they are not based upon some unchangeable laws of the universe... Many if not most of Life's games, including money, have undergone rule changes, which did not make them an entirely new game, and did not lead to their immediate abandonment or demise... Hopefully, by the time the miners get too full of themselves to do that, there will be a P2P currency that doesn't involve "mining", and is based on rules that really cannot be changed. |
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Then bitcoin would be the only medium of exchange that has a limited supply.
What do you think?
Yes, until maybe the miners consolidate into an oligarchy/cartel, and decide that the transaction fees are not enough for their "labor", and decide to increase block rewards again, or just continue them indefinitely... Hopefully, by that time, there will some better P2P currency. Human nature is unlikely to change as fast as Bitcoin might change money. |
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He just buys it today. There's no way to know what will happen tomorrow. People, consider "artificiality" of today's growth. +1 Even the "professional" analysts among us here seem to have been wrong as often as right during Bitcoin history. There are too many variables... |
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Hmm, how would that work? You play and get Bitcoins if you complete the game? I might add that "option" in the future.
Well, the same way one can win money at the commercial Mahjong sites. One can use any just about any payment there, except Bitcoin. |
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Is there a site where one can play Mahjong for Bitcoin?
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I highly doubtful.
+1 So tired of these baseless predictions; didn't we have one from some verbal diarrhea victim a few months ago that it would go to 120USD by now? ...and one about going to 15USD the Wednesday or two past? !!!I just came up with a new personal policy: anyone making xchange rate predictions automatically goes on my ignore list!  That should cut down on the worthless noise here...  |
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It's obvious that SR accounts for the majority of real economic activity even by that paper as it is obvious any bitcointalk member sharing the "bitcoinsm" philosophy will deny it whenever possible. Even to the point of purposefully misinterpreting the facts.
I hope you are right then, and SR has been captured by the evil-doers, so that the exchange rate crashes, and people can buy cheaper Bitcoin again, before the drug kids come back online with their usual demand + the backlog... |
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только p2pool только хардкор остальные платят меньше  Согласен. p2pool - настоящая Монтана, и весьма похвальное дело! Можно сказать, даже не колхоз, а сообщество независимых фермеров. Удачи Вам, ребята! |
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If i understood correctly, Ycombinator provided significant financial backing for Coinbase, which is great! |
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Does this type of bank exist in your country?
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Any response after you send them the ECB Virtual Currencies document?
No response at all from JAK this time. |
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That kind of response means you delivered the exact message that needed to be delivered.
+1 Really looking forward to following Benson's blog, and watching how Bitcoin goes in India. |
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3) Bitcoin is a new financial concept entirely without precedent.
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I find the Bitcoin beatings at SomethingAwful, FatWallet and the like to be amusing, and a waste of time to take seriously or debate. Those of us who understand Bitcoin and the harbinger of radical change that it is, know that the peanut gallery at those sites is at least short-sighted. As has been said here before, Bitcoin is following the classic Gandhi sequence, "First they ignore you, then they laugh at you, then they fight you, then you win." Right now, seems like we are in the transition from laughing to fighting, and the ignore stage has long since passed. The silver lining in the SomethingAwful et al groups is also the relatively low fiat/Btc rate. Imagine what it would be if they took Btc seriously. So, enjoy their ridicule, because chances are that Bitcoin or its successors will make the doubters and hecklers reconsider or at least stop laughing... |
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Bought a bunch of gifts from Bees Brothers. (Was going to buy something from another well-known vendor, but this time, even with the discount the pricing was not competitive. Considering, how much trouble and expense it still is for an average person to get Bitcoin, it's crazy to spend it, unless there are real savings over traditional payment. Right now, non-miners still have to pay at the very least 2%+ to middlemen to use B to shop, which is mighty close to cc overhead OR MORE, depending on what the merchant does with the payment. The promise of cheaper transaction costs is still an empty advertising gimmick...)  |
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...а нынче где?  |
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