This is the first round of a series of auctions for Bitfountain products. 10 Block Erupter blades, the same as the ones used in ASICMINER's actual deployment, are available for bidding in this round. We start with this experimental auction to collect the user criticisms for improving our products, as well as the market reaction for deciding how to release the hashpower over the world.

I guess then the big question is what you think BTC will be worth in month or two.    ;-)

Wow there is a 600+ share sell wall @ 0.9 BTC on Bitfunder. Someone is cashing out two weeks too soon.  

Looks like I'm up for the night digging out cold wallets and waiting for confirmations.

MtGox is too. Ripple can more easily be made decentralized than MtGox and there are actual plans to do so, compared to MtGox.
The server currently isn't but will be, the principles behind are already better documented than anything on MtGox.
The client is already OpenSource.
XRP are premined, Ripple itself is (just like Bitcoin) more than just a currency. Also, besides a few hundred XRP you can use Ripple without needing them ever again. Currently you get far more than you will ever need in your lifetime for free in this forum.

All of your coins are belong to Gox.

This is completely wrong.

If you owe money on a mortgage do you think they give a shit if your friend didn't pay back money you lent them? Do they give a shit if you lost your job. No you still owe the debt. If A owes B; and B owes C; and A refuses to pay that's B's fault. C doesn't care, B still owes them. If B welches on their debt to C then B is an asshole and no one will trust him anymore. In particular if I'm C and I know B in "real life" then I'll make their life difficult.

So thanks for telling everyone that you won't pay your debts if someone ever defaults on a debt to you. I hope everyone realizes that means they can't trust you.

I'd like to announce in the main forum a relatively small web-based service (which has been operating for about 13 years and has about 30,000 users) that has just started accepting Bitcoin. It's called Time Cave (http://timecave.com) and allows people to schedule email messages in the (far-ish) future.

The site is not particularly Bitcoin-related -- but as I've followed Bitcoin's development over the years, I've noticed that many users of Bitcoin think long-term, and I could imagine the site might be useful in a small way for some of you.  For example, you could use it to store an encrypted ECDSA private key and pass it on to a family member in 5 years automatically, unless you cancel the message.  Or you could do something similar to enact a kind of "forced savings," or just a long-term key backup. Of course, you might use it for messages entirely unrelated to Bitcoin too.

The service is free. It accepts contributions, and it has an "upgraded" service level that allows unlimited messages (within reason) and a variety of other features, like recurring message.  Our subscription fee has been $12.  We've priced Bitcoin payments proportionally for now; that is, at the moment, we'll use the general prevailing exchange rate for all subscription payments over 0.1 BTC, rounding the length of the subscription in subscribers' favor if there's any ambiguity (sharp price changes or what not).

Could I get approved to announce it in the general forum (and perhaps some guidance on which particular "Service" forum would be the best place to announce it)?  I'd be happy to write a more specific message there that introduces the service a little more thoroughly. Thanks!

PS -- Please don't make timecave.com a target of attacks!    We don't run a Bitcoin node on that server, and we don't store private keys on any online systems. The server has a bulk list of addresses, not unlike those that can be generated by bitaddress.org, and it assigns them to individual accounts to track payments.  It's all very rudimentary now, but it seems like a simple way for a service-based website to accept Bitcoin; it took something like 20 lines of code to add the feature from scratch.

It is absolutely ok for buyer to back out of an auction in ebay. I have had many buyer do so. It is better to cancel the auction, and relist instead of a disgruntled buyer. Ebay gives your final value fee and listing fees back for a cancelled auction. This auction is listed for free.

Moreover, this is an invalid auction item, as you cannot list usd for ebay auction - go try it and see if you get banned or not.

Anyway, I an done with replying.

In this site of so-called Bitcoin geniuses, not a single person even had a response to my own thread asking about a certain peculiar behavior of the reference client.  Maybe nobody here knows.  Maybe they're too dumb.  In any event, I'm still interested in knowing why the reference client did this thing.

Because Ripple lets you send debt.

You can't send a BTC through ripple. You can send a "user rEckWuf927y3fu9 promises to pay 1 BTC when you redeem this coupon" BTC through Ripple.

Ripple is closed source and centralized, and as it is debt based you are going to end up seeing your "money" and "bitcoins" disappear as the debtors default.

What happens when user rEckWuf doesn't honor the BTC debt he sent? Dominios collapse. People who have trusted people who have trusted people who have trusted [..] people who have trusted rEckWuf is out of their coins - this is because of their literally infinite "web of debt" system. There's a reason why WoT works with trust, not debt.

Even if you trust people you know in life, if they trust people who either trusted someone that defaults, or trusts someone that either trusts someone who defaults or trusts someone that either [..]

and here you can see a sufficient enough default will end up with all "USD", "EUR", "BTC" vanished into thin air. Seriously, it is a disaster waiting to happen.