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Upon signing up and creating a new wallet, at the prompt for nickname, if I enter a nickname that has already been used (e.g., "testtest"), a warning message is displayed, but after that I am never able to click the submit button again. (it never re-enables)
This is with Chrome, not sure if it is any different on any other browser.
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I have the ability to mine with free electricity. My parents own multiple warehouses, and i would be able to setup a server farm in one of the warehouses. Would it still be worth mining? any help on getting started (will tip)
Well, you don't mention what the cost of electricity is there. That makes all the difference in the world. If it is well below average (e..g, $0.10 per kWh or lower) then you would probably be able to mine at a profit using GPUs. There are many GPUs and completed, well-used rigs for sale so you could be up and running in a week or less if you really wanted. Otherwise, there is a pretty long wait list for most anything else. Mining isn't plug and play though. A "server farm" for mining is more like a career change than an easier way to get beer money. Landlords Focus On The Electric Bill - http://www.bitcoinminer.com/post/25945886269 |
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Mass collaboration around an open protocol.
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i myself lost over 100 bitcoins (when they were still trading at above 8$) to bitoption.org because their site vanished together with its owner.
In short, i love options, but im not going to trade any single option unless the exchange seems to be able to offer these 2 things: liquidity, and existence 12 months from now.
The site may have discontinued service but the operator most definitely did not vanish. You might still be able to submit a claim for funds. PM me if you don't know how to contact them. |
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I'd love to hear people's thoughts and feedback.  The difference between blockchain-based betting systems like SatoshiDICE and BitLotto is no just that they use the blockchain, but that they use it in such a way that it can be proven that the operator is not cheating. This is not just some statistical analysis on payout percentages, this is using the power of cryptography to eliminate the risk that the operator is dishonest. Wth BitLotto, the transaction ID is your "numbers/pick" to a monthly drawing, where the secret used is not known until after the draw ends. All provable from the blockchain (for the wagers) and on the lottery web site (for the secret). This is a method that works when one player wagers against another. With SatoshiDICE, the players are wagering against the house. For this game then, the secrets are hidden until the following day. So technically there is a period measuring in hourse that the site could be cheating by not paying out when the was a winner, but by the next day that could be easily detected. Does yours have such an approach that removes the risk that the operator is cheating, or is it instead simply another wagering system based solely on trust that the operator isn't cheating? |
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Heh ... don't look now but SatoshiDICE just got even easier to use:  - http://blockchain.info/walletFrom your Blockchain.info wallet, click Send Money, then on the left is "Games - Satoshi Dice". The balance will update with your win or loss, or you can click Transactions. It will update in real-time. |
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New transaction form for Satoshidice
Should give newbies something to try out their first few transactions on.
I didn't see at first where this form was. It is in Send Money, then on the left is the panel with "Games -> Satoshi Dice". Heh, Blockchain.info's wallet is already the source for more than 5% of all bitcoin transactions. This is probably going to blow that up: - http://blockchain.info/charts/my-wallet-n-tx (Incidentally, SatoshiDICE is the formal name for the service) |
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Well, apparently it isn't. To get BTCs you:
- mine : requires hardware investment and profitability is plumeting
- trade OTC : you face counterparty risk, you can get scammed
- trade on exchange : moving funds in/out of exchanges is burdensome, the forum is full with stories of locked accounts, money being unavailable for days, accounts or entire sites hacked or just running away with money
- sell goods / services : the community is apparently only interested in games or mining hw or more BTCs
There are some places where it is easier, and others where it is harder. In the U.S., BitFloor has become the easiest (cash deposit at any chase bank), fastest (minutes after you deposit the funds show as being available) and cheapest (no fee for cash deposits, buy bitcoins at below Mt. Gox rate). No mining necessary. No trading on OTC No need to sell goods. Cash deposit methods are now available in: U.S. (USD) - Chase (BitFloor), Other major banks (BitInstant), 7-11/Walmart/CVS (Moneygram w/ BitInstant), Canada (CAD) - CA Virtex Australia (AUD) - CrypoXChange, Mr. Bitcoins Brazil (BRL) - Boleto and Banco Recomendito (BitInstant) Russia (RUB) - Qiwi and Cyberplat (BitInstant) India (NR) - HDFC (Mr. Bitcoins) - http://en.bitcoin.it/wiki/Buying_bitcoins |
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New transaction form for Satoshidice
Should give newbies something to try out their first few transactions on.
Heh, I was wondering how long before SatoshiDICE playing would be intergrated with a wallet. Next up, add some flashy html5 animation to show the payout results and you then have the worlds first in-home (or in-restaurant, or at-desk), global, fully functional gaming terminal. |
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I've only just updated my Bitcoin client - is this a possible reason why it's so far behind? These sort of waits aren't typical are they? Performance will vary widely based on factors such as CPU and disk performance levels. Also if you are running on an encrypted filesystem, that will cause the client download to really slow down. The latest client (v0.6.2 or higher) has improvements, but even with that if your hardware is sucking wind, it still can take many hours. |
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So you buy some bitcoins, you then sell them at a good price (you've made a profit) and then bitcoin goes down inevitably at which point you can buy more and then the price goes up and you sell them again.
At what point do you decide to quit and cash out?
When you misjudge the level of the rise. For instance, let's say I sold after figuring $6.10 was about the top of this little run we just saw. I'ld now hav to buy back at more than what I sold it for. Predictions are hard, especially about the future. |
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We wouldn't accept any USD. All we do is take in the BTC from the Seller and the MoneyPak code from the Buyer and facilitate the trade. The same thing happens already in the forum's currency exchange section, but without the efficiency of a middleman between the parties.
I'm missing something then. Is this to enable the ability to deposit funds to BitcoinOPX for trading? If so, then you carry a history of where those MoneyPak's are spent. MoneyPaks are exclusively purchased only in the U.S. BitcoinOPX, um .... , probably shouldn't be accepting funds from the U.S. With Bitcoins from the blockchain, neither you nor anyone else except the sender really knows which country the funds came from. With MoneyPaks, you know the exact country the funds came from. Am I missing something obvious? |
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