Does this not show that bitcoin is really a centralised currency competitor and a real threat at that. I don't really believe that transferwise is a threat to bitcoin. What do yous think? |
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Is this an alternative to inflationary currencies?
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No your not, I'm Satoshi Nakamoto!!!! |
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I dont believe this will happen to the Bitcoin chain at all, It just isnt likely considering how much profit miners still can make.
But doesn't the extra transactions make the transfer rate slower. I mean with all the transactions under say .01 included in the system, wouldn't all other transactions and confirmations slower? |
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Cryptostocks is back online.
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Theraty your sig link is broken
Thanks bitpop, didn't notice. Should of checked it as soon as I put it in. |
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Any plans to add bitfunder.com?
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Hi, why does it cost 20.78 btc for every new GH/s added?
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Intersango is currently blocking a requested EUR transfer of mine for over a week now, no explanation provided. Here is a transcript of our correspondence so far:
ME:
April 17, 2013, 1:15 p.m.
There is no date on the transfer request in your system, but I believe it's been several days now. This request is still pending. Can you give me some idea when this might start processing?
INTERSANGO SUPPORT:
April 17, 2013, 7:30 p.m. Staff needs_staff_action -> resolved
Please do not open inquiries for transfers set to "requested"
There is no available ETA for transfers in this state.
ME:
April 17, 2013, 7:56 p.m. resolved -> needs_staff_action
I'm sorry... I don't quite understand. Does "requested" mean that the transfer has not yet been initiated? If not, then what is blocking this transfer? Following the bitcion24 fiasco, you must understand that your customers may be a bit nervous.
With your permission, I will post your reply to the relevant forums.
Thank you.
INTERSANGO SUPPORT:
April 17, 2013, 8:02 p.m. Staff needs_staff_action -> resolved
The delays are specifically because we do the things which bitcoin24 did not do that got them in trouble.
I hope you can understand.
ME:
April 17, 2013, 8:16 p.m. resolved -> needs_staff_action
So I am to understand that the delay is deliberate? If so, that's fine, but then the delay is on your side, and so you must have some idea of when the transfer will be initiated. I'm not in a big hurry... but it would be reassuring to see some forward motion.
INTERSANGO SUPPORT:
April 17, 2013, 8:55 p.m. Staff needs_staff_action -> resolved
Of course we cannot divulge specifics of internal controls.
I hope it's enough that I say transfers are actively being sent.
ME:
April 23, 2013, 11:04 a.m. resolved -> needs_staff_action
You say that my transfer is "actively being sent", and yet it's now been over a week that my request is pending. I hope you can understand my apprehension.
I have a few questions:
- What is blocking this transfer? Is there some additional information you need? I've tried to think of any possible issue, but I'm coming up blank... save the obvious!
- How much longer can I expect to wait? If you plan on blocking this transfer much longer, I will require some specific explanations.
- Is this delay typical? Is this just an initial check of some sort, or can I expect to wait a very long time for every transfer into this account.
I appreciate that you are probably subject to some regulatory strictures. I hope you can appreciate that I need to know I can trust you. I am losing sleep.
... still waiting for a reply.
Suffice it say, I am not a happy camper. It's a significant sum of money, and they so far have refused to give it over, or even to explain why they won't.
NOT GOOD!
It took me 2 weeks to get money transfered into intersnago about 2 months ago but they went through in the end. In the past 6 months intersango has gotten way more popular since tv appearance and as a result way slower but still trustworthy exchange in my eyes. |
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As was said, to see this develop isn't completely unsurprising given anyone who watched this market in the past few months.
How many microtransctions (and by micro I mean 0.01 or less) do we need cluttering up the system before something grinds to a halt. It seemed to be screwing up Gox enough, as is, though granted it's both parties' fault.
if 0.8.2 gives us miners control, that's very cool. I know some wouldn't like the concept as it goes against true freedom in Bitcoin-Land but I'd rather have something work VS something so slow and bloated that it's unusuable and hinders progress and development.
Also I realistically figure that hey, this was control that was patched and implemented. If uBTC or such ever becomes such a valuable resource and coins are far above $1,000 (where micro payments could be say, $1 or so), then yeah, they could always revisit the code again and adjust accordingly. Even if I'm misunderstood in my explainations, the idea still stands that I don't recall hearing this is a forever-permanent kind of thing.
I think given the problems with spam and such we've seen though lately, that it was a good move to make until the usage and infrastructure catches up further.
I think you raise a good point. Every time the bitcoin reaches a new target amount, say $1000 per bitcoin, the transaction amount can move down one decimal place. As it stands, there is no need for transactions less than .0001BTC. If this was to happen it could drastically improve the speed of transactions but could have an effect on the development of the currency in third world countries where the bitcoins can give help improving their communities. |
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Which is better, your left hand or right hand? I think you should be asking about body instead and how to make it better.
I'm right handed, yet I fap with my left hand. Tis a strange world we live in. So one is better now and other then but their both useless without the body. Strange answer yes, but I hope it makes sense. |
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Any service I need day to day so I can use bitcoin as my main currency
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Thanks for the interesting feedback. So, going forward, if I am not interested in just the brand new untested coins, mining isn't for me? My trading over the past few months has been about buying and selling bitcoins and adding a little margin - which, even at only a few % margin seems to bring in more money that mining is going to do. It also seems to me that the hardware investment is also a never ending - making me even more unsure of the total return on investment! The only thing that really worries me is that its getting far harder to buy coins for fiat, but that is really another subject for another thread!  Do some work or offer some services for cryptocoins, that is how I went from almost no BTC to over 100 in a matter of few months. What type of work/services helped you achieve this? |
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