Bitcoin Forum
June 26, 2024, 02:39:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 »
61  Economy / Goods / Re: Spend bitcoins on amazon, Go Daddy, barnes & noble, etc with no transaction fees on: August 24, 2011, 01:17:14 PM
If we buy stuff from amazon through your link, even though we already had an amazon account long ago, do you still get affiliate sales payouts? I don't have enough bitcoin to buy anything worthwhile but still wanted to support you next time I make an amazon purchase.
62  Economy / Service Announcements / Re: [Dailybitcoins.org] Bitcoin faucet, sponsored by ads on: August 24, 2011, 01:14:22 PM
I got a .01 to come up yesterday but it was too early for me to claim it. Sad best I could get later was .002 after several tries.
63  Economy / Economics / Re: food and shelter on: August 22, 2011, 02:28:38 PM
You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

 Grin oldest profession. I guess you'd be right!

except hunting, gathering, and farming
64  Economy / Marketplace / Re: Win 0.5 BTC in this higher/lower game. on: August 19, 2011, 01:33:44 PM
43? Cheesy


Yes! Here is the string: The_number_is_43!__ABCXYZABCXYZabcxyzabcxyz

Send to the donate address on your site?

son of a .....

Haha yeah thanks, I see you used that address.

But I'm sending half of it to lathomas for getting so close, so early Cheesy

Thanks again.


Wow, thanks!
65  Economy / Marketplace / Re: Win 0.5 BTC in this higher/lower game. on: August 19, 2011, 01:19:14 PM
43? Cheesy


Yes! Here is the string: The_number_is_43!__ABCXYZABCXYZabcxyzabcxyz

Send to the donate address on your site?

son of a .....
66  Economy / Marketplace / Re: Win 0.5 BTC in this higher/lower game. on: August 19, 2011, 11:49:19 AM
is it an integer?


Interesting game theory here. Normally with one person doing multiple tries you just want to guess in the middle each time. But here when we only get one shot we don't necessarily want to give more information to the next guesser. Although I guess there is no rational basis for us not too.

It becomes a question of how long we should wait until we make a guess. later guesses have a higher expected return but at the investiture of the time watching the thread and waiting for other people to take guesses. What if that cavalier first guesser gets it right on the first try?
67  Economy / Marketplace / Re: Win 0.5 BTC in this higher/lower game. on: August 19, 2011, 11:23:46 AM
42!
68  Other / Beginners & Help / Re: BitCoin as an open-source game currency on: August 18, 2011, 09:54:57 PM
Sounds as though there are a few EVE players here... it does seem to fit well, is there any way you could create an in game group or something to bring it to attention?

And even if EVE does not adopt such a model, it would make sense to keep pushing the idea for games that are yet to be developed. Games are not created over night and I can assure you that many game developers are pondering the idea of using BTC. Besides, gamers are obviously better early adopters.

One note, the implementation of the idea may get a little dubious for bigger corporations, especially if they need to put down some sort of accounting record on the BTC exchanges (just like they have to do for barter exchanges right now). My guess is many more would adopt if they new accepting BTC would not be a potential land mine of IRS regulations.



potential legal issues is one of the reasons my business parter is cautious about the idea of accepting bitcoin let alone entwining it that heavily with the game.
69  Economy / Economics / Re: What do you actually use bitcoin for? on: August 18, 2011, 04:49:37 PM
I'm still slowly collecting small amounts of bitcoin because I don't feel like jumping through all the Dwolla hoops and whatnot to buy into bitcoin.
70  Economy / Economics / Re: Bitcoin has failed. Could something similar possibly work? on: August 18, 2011, 04:48:04 PM
At this point, we can write off Bitcoin as a failed experiment. It's worth thinking about how a different distributed digital currency might be made workable. A few problems which have to be solved:

  • Mutual mistrust between buyer and seller needs to be supported. This is the toughest problem. Right now, sending Bitcoins is not tied to receiving something in return, and is irrevocable.
  • The double-spending check system has to be as least as fast as normal credit card processing. Waiting minutes for the block chain to update is unacceptable.
  • Some price stability is needed. Value shouldn't change more than 1% per week, worst case. 1% per month would be better.
  • A better way of launching the currency needs to be developed.

There's an approach to mutual mistrust that might work.  First, as with credit cards, there's a need for an "authorize" and a "capture" stage. In the "authorize" stage, A indicates that they intend to send value to B. This locks up the value from other use by A, and B receives a reliable confirmation that A has that value. In the "capture" stage, the value is actually transferred to B. A has to authorize the "capture". 

That's the normal case. The hard cases might work as follows:

  • If A does an "authorize", and then does nothing, a "capture" automatically takes place after some number of days. So sellers don't have to nag buyers.
  • If B cancels the capture, that's an agreed cancellation of the transaction, and the value becomes available to A again.
  • If A does an "authorize" and later cancels before a "capture", the value becomes available to them again after some number of days. This is the tough case, and it puts B at risk of the buyer backing out after shipment of the product. To discourage backing out, when A does this, they are no longer anonymous to B, and B can publicize the cancellation, which affects A's reputation. Also, because cancellations aren't immediate, A's value is tied up for days, so they can't do this too often.

Discuss.

Don't bother.  People are unwilling to consider fatal flaws in the system.  This isn't a forum of logical, factually-interested intellectuals it is the Church of Bitcoin & Libertarianism.  Either praise its name or be labeled an apostate.

If this is the case where would be a forum for logical factually interested intellcutals interested in discussing bitcoin?
71  Economy / Economics / Re: food and shelter on: August 18, 2011, 04:21:01 PM
You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.

I've been toying with an idea for an escrow (and ratings?) service (running on Tor) for potentially dangerous in-person transactions (major drug deals, prostitution, etc.) where the potential for violence or nondelivery (by counterparty or government) is high.  This would involve delayed payouts, forwarding addresses in case any of the parties end up incommuincado (dead/imprisoned/tortured/etc.), etc.  It would be difficult to do arbitration, so it would probably involve really high escrow that include insurance for nonperformance by either party and/or some sort of refundable deposit from each party as collateral for a successful transaction.  Mutual ratings and transaction history would help with insurance underwriting, etc.

That and a cash-settled marijuana price futures exchange would probably make Bitcoin attractive enough to large-scale drug cartels and gangs that it would drive adoption and value very high and very quickly.  Then again, it would probably increase the motivation of the powers that be to destroy the Bitcoin network, possibly before the network is resilient enough to survive a concerted attack.

Despite my joke about bitcoin hookers I don't think we should be actively supporting criminal activity going on with bitcoin.(I don't agree with prostitution being illegal in my country but that's another issue entirely) If we make it a viable currency and bolster the economy the underside will happen on its own.
72  Economy / Goods / Re: Spend bitcoins on amazon, Go Daddy, barnes & noble, etc with no transaction fees on: August 18, 2011, 02:29:24 PM
What about zazzle.com? they say they do 15% for affiliates, plus you could make spendbitcoin.com t-shirts and get an extra cut if you affiliate linked to those.
73  Economy / Marketplace / Re: Win a Free Bitcoin on: August 17, 2011, 08:16:26 PM
what ar eyou getting out of this? I mean besides followers on twitter
um im getting followers on twitter lol

I mean to what end though. But the post above you gave me an answer I buy.
74  Economy / Marketplace / Re: Win a Free Bitcoin on: August 17, 2011, 07:59:55 PM
what ar eyou getting out of this? I mean besides followers on twitter
75  Economy / Economics / Re: food and shelter on: August 17, 2011, 06:25:22 PM
You have just mention the Maslow's basic needs of the hierarchy of needs. If bitcoin can be used just to satisfy the basic necessities to stay alive, that'll bring bitcoin a little closer to adulthood and a more stable price. That is the problem now ... not many merchants are accepting bitcoins.

If we are following that we are going to need bitcoin hookers too.
76  Economy / Marketplace / Re: BTC 0.05 Reward for Adding Text/Link to Signature on: August 17, 2011, 04:12:08 PM
just out of curiosity how many of you actually checked what you were linking too before putting it in your signature?
77  Economy / Economics / Re: food and shelter on: August 17, 2011, 01:35:00 PM
You know this is something that i have been thinking about a lot.

My mind is playing around with ideas that could make this happen for myself and others.

Had one random idea that came from installing my own solar array on my home. How about a massive farm/barn/solar farm in the UK taking advantage of feed in tariffs and having miners living and running the rigs/thier rigs but also a large hydroponics setup, some bee hives and some livestock etc etc..

Can anyone come up with a system that might make something like this work?

Sounds like a comune to me tho  Undecided   surely we can come up with some cool ideas?
 


Sounds like it'd be worthwhile to find people selling solar equipment and/or hydroponics equipment for bitcoin then! Doesn't have to be a commune, you could charge the miners bitcoin for their space.
78  Economy / Economics / food and shelter on: August 16, 2011, 02:03:07 PM
I think that food and shelter are the most important things to make available via bitcoin to get it really entrenched. If I can have a place to stay and can eat with bitcoin I no longer NEED to exchange any of my coins for USD or any other currency. This would be the begining to people being able to live off the fiat grid. Anyone else agree?
79  Economy / Marketplace / Re: Would you buy a house? on: August 16, 2011, 02:00:52 PM
I hope some people end up actually selling real estate for bitcoin. Once housing and food are available for bitcoin it can be pretty well entrenched.
80  Economy / Services / Re: Minethings.com wants to buy advertising at your website on: August 16, 2011, 01:32:19 PM
Thanks for pointing out that operation fabulous. Going ot try that on biomancy.com gives me a reason to start posting again.
Pages: « 1 2 3 [4] 5 6 7 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!