Hi Bruce, I think you're catching on.... :-)
Seems so. But maybe not the way you and me want to... After all, when you were born, did your government give you some Starter Money...? I doubt it. Unless you are a citizen of UAE.
So, when you were born, you immediately stood up, cut the cord and went away earning money for your clothes, food, pampers, pacifier, cradle, medical checkups etc.?!? Wow! Sorry, of all bad arguments this is the worst. Think again and then thank your parents for your personal Starter Money! It's not about necessary to "start out" with with some...
Yes, IMHO it is essential that every new bitcoin user gets at least a little starter kit to spend. And having fun doing so. And keep using Bitcoin. And spread the word. @nelisky: I'm talking about starting with Bitcoin. I don't have a problem with best equipped people mining lots of BTC all day long (as long as they don't hoarding it). I have a problem with these people don't granting newcomers even a few welcome bitcoins because these don't use/own the latest equipment. This is short-sighted and counterproductive. Finally this attitude will repel interested low-tech users. Bitcoin will then be used only by the technical avantgarde (maybe 5% of internet users world wide). If this is what you want... I hope that the majority of registered bitcoin users is searching for an alternative money system, for the possibility to spend money the easy way for music, software, blogs, goods etc. (and Bitcoin IS easy!) and last but not least for avoiding most of the errors, misuses and problems of existing offline currencies. Like me. If this is so, I'm in. If not... Kind regards Michael So, I guess you should ask your mom for some coins. |
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Old offer (11/15): I buy Bitcoins with my Poker Stars at a rate of $.25/BTC
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Texts were costing me $5/mo/phone for 500 messages so I turned them off on my old phone and Android. I never used them except to get the bank balance of the old owner of the phone number sent to me every day, he was poor, probably from buying all those texts. SMS sucks imo.
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Don't you think, that kind of democracy will leave satoshi no choice, but to drop 21M limit
and will also force him to accept a lot of other stupid misimprovements to bitcoin's core?
And don't you see, bitcoin will become totally unusable and will die it's natural death that way,
without proper PR, public opinion management, endless education, everything, that today also
happens with any other democracy?
Nobody should have to force anyone. If some people want to make their crappy inflationned, socialistic distributed crypto-currency, then be it ! All they have to do is TO FORK BITCOIN. That's what is good with free-software : there is room for all ideas, even for stupid ones ! All I want is a name for a sound crypto-currency, so that I can buy it without having to check every single line of the source code. This. There is no voting or convincing or anything like that needed. When some fools want a new inflatable currency they'll do it like they have for 1000s of years, I relay doubt they'll bother with bitcoin type infrastructure when printers work just fine. But it doesn't matter what they do, I use the good chain. |
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Cheer up man, 200BTC is a good bid...
If you take 1BTC = 0.3USD that makes 60 dollars. Even if you take 1BTC = 0.25USD, that makes you 50 dollars.
According to goldprice.org, the current price for 1g is around 44 dollars.
Oh, I didn't realize. I was just considering the price displayed on bitcoinwatch.com. But I guess bitcoinwatch does not very frequently update its price for one gram gold. It isn't that bitcoins watch doesn't update, it's that no one has traded pecunix on bcm for like months and that's what bitcoinwatch reports. |
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Great. So what would you like to buy using Bitcoins and what do you have that you are willing to sell in return for Bitcoins?
Solve that and I'll admit you have a useful app.
ByteCoin
Everything. The dollar is on fire, I don't want them in my wallet any more. |
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Why do you assume the orders are not just someone wanting to sell coins? If the orders were flying around and dodging being taken then I would agree, but they just sit there waiting for their turn.
Is it just the size that makes you think this?
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I received the 5g bar that I bought in the previous auction yesterday. Thanks, Grondilu.
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Clearly you need to make sure that you can't easily access your entire bitcoin savings at once. :-)
I do always have a feeling of responsibility or control or something when I'm sending. It's different than most things online which you can just undo or cancel or whatever. Bitcoin seems more real I guess.
Someone actually said they sent me a payment when they hadn't and it turned out they sent it to someone else. It was a bit more than 17BTC and luckly he knew who it was and was able to get it back from the person.
Is this something to worry about? You get a virus or bad program and whenever you copy a bitcoin addy it replaces the data in your clipboard with it's own address. I look at a few digits on big sends just in case, lol. Also protects against the copy not having worked and the previous addy still being on clipboard.
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A is 1 in 52! which makes it less likely than 5 power balls. I don't even know how to measure the others at all.
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I get the convenience of 1 click, but do most people value things they find even roughly equal? I guess you could a flattr type thing for low levels of thanks and support and make a donation of explicit size for things you really want to support. It also seems to give an incentive for content creators to put a flattr button on every page or every piece of content instead of just one place on the site, right? Like if you can flattr every blog post they might get 7 shares from you in month instead of one. Or some big site might make more money if it disintegrated into multiple sites connected to each other so that it could get multiple flattrs.
I don't know exactly how it works though.
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Just one point, I think Mt Gox charges a trade fee to cut down on speculative trading, I don't think it's related to getting USD in/out.
He charges a fee to get money. He understands the benefits of speculation. |
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Um, no image will show up. You would have to apply an interpretation to the data, right? So who cares? It's weird that there are arrangements of data on the internet that people will hurt you for having, but they don't hurt everyone who uses the internet because of it.
1010101010100101010101001010101010101010100001010010011111001010001000011110000 0110101001001001010001010101000010100100111110010100101010100001010010011111001 0100101010010101010100010101010000101001011110010100101010010101010101001111100 1010001000011110000011010100100100101001010101010000101001011100101001010101000
That's the data for a naked stick child in my proprietary image viewer, good luck in jail suckers.
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I created a site that lets you view detailed information about Bitcoin blocks, addresses, and transactions.
This is a generally awesome tool. In addition to it's other uses, it will allow us to keep Mybitcoin.com and it's (presumedly less honest) future competitors from the temptation of fractional reserve nonsense. Just the threat that any Joe can run his addresses past block explorer and tell if his funds have been mixed with other accounts not his own, or otherwise borrowed without consent, should be enough to keep most on the up-and-up. Not that I don't have a fair trust of Mybitcoin.com, I do have an account that has been climbing in value as of late, but I also feel better knowing that I can check on my balances without having to trust the websites' honesty itself. How does that work? You send coins to an address they gave you, then request a few back and the change goes elsewhere. Do they then send the change back to the address you know? |
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Why the heck would you use Facebook's currency that they tax at 30% when you could use Bitcoin??
Doesn't FB force its new app developers to use FB points (their microcurrency)? I don't think they force small developers, but I think they may be forcing big developers like Zynga. I guess the reason a developer would cave to Facebook's demand of 30% is to gain access to a market of more than 500 million people. Facebook is quickly becoming the de facto internet for some segments of society. I just read how teen girls spend more time on Facebook than on the rest of the web combined. I dunno, I never go on FB, but I have no problem finding "teen girls" on the internet. |
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The difficulty algorithm is not that smart. It doesn't attempt to make up for previous underguessed weeks beyond the past two. No fuzzy logic code.
I know. I didn't mean to imply that it was doing anything complicated. Maybe I should have phrased it all from the side of the mass of people generating since that's the fickle side. It has been, more and more generating for a long time now, when/if that reverses we will slow down. Maybe I'm stating the obvious in a stupid way, I don't know. |
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Operator takes a tiny cut since it's mostly automated.
Operator takes a sizeable cut and saves it in his legal defense fund. It's so simple to run you should be safe even without finding a free country. There isn't even anything particularly unique about this service, its just coins in and coins out. No one is going to pay a big cut anyway because you can do it yourself if you are careful. A small price might be paid for speed and convenience though. |
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It is not particularly likely to happen early either because ... the diff adjustment never gets us down below 6/hr for any length of time So doesn't that mean that reaching 21,000,000 is likely to happen early, because the blocks per hour is averaging 9 or whatever? The rate of generation is somewhat arbitrary anyway, and whether 21 million is reached a decade or a century after I'm dead doesn't make much difference to me. Within a couple of decades we'll be past 20 million. After that time my guess is that the rate of coin loss will be a bigger factor than the rate of coin generation. Just speculating here. When difficult "overshoots" we will pay back a bit more time than the comparable sized "undershoots" that we've been doing have gotten us ahead. If we do 9/hr (50% over) for 2016, then 4/hr (50% under) for 2016 this takes 224 + 504 = 728 hours which is longer than 336 + 336 = 672 hours. So essentially were just in an extended period where we haven't paid any time back and it might not come for a long time. I'm not really sure, and I don't have a solid conclusion here. I think smooth growth in power gets us ahead, but jerks up and down get us behind. Maybe someone can write a simulation (or just do better math than me). |
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So I guess the easiest way about this is to have multiple people sending transfers through a simpler proxy that makes sure txouts are always from a different compared to txin? A simple one address black list would do, which I assume is simple enough to implement... Then, if other addresses don't have enough the txout will just wait until there is.
The only downside I see is if volume is low, transfers may take a long time to be forwarded... the proxy could probably run on a fee based structure (1 coin for 100 transfers?) and the accumulated fees are there to mitigate this?
Average cycle time is posted on site, you get your place in the queue by bidding, people who get in under the average time pay a little, people who get it back over the average time get paid a little for facilitating others. Operator takes a tiny cut since it's mostly automated. |
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I'm not going to read the article, which I'm sure is a strange piece of work. But I can see a way that the conclusion could be correct.
Drop taxes to zero, the bottom reason people need dollars is to pay taxes and fees everything is built off of this, dollar falls out of use, goods not bidding on dollars = hyperinflation.
Okay, if you don't buy the tax/fee thing, it's still correct because the dollar is just a shit money and people will leave and nothing can be done because there is no money for enforcement.
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