The thread might get more awareness, but people need to know that this Devcoin stuff is a profitable place to dump interesting text.

BetBtcNow.com hasn't been scammer tagged yet, and they have post more recent than this thread's last update.

Blockchain.info should work. I use Bit365/BitcoinSports.eu (latter is the updated address) quite a bit. I use Multibit though. I strongly recommend using a local wallet whether it is Armory, Multibit, or even the Android wallet over any web based wallets.

I used to suggest Blockchain.info wallets, but after the Instawallet and Strongcoin shitshow I can't recommend web based wallets at all. Even if you have to run the android wallet I recommend that over any web based wallet.

I'll just suggest that you reconsider this mining on the company dime with CPUs or GPUs. CPUs are just going to be plain underpowered and GPUs are probably just going to throw more heat into the server room than the trouble is worth.

If you are serious consider getting some Asic miners or even Used FPGA miners, rackmounting them is rather trivial and the rest of the servers will thank you for saving them from an early death.

I doubt anyone is going to be excited in mining bond investments after last year's drama... Or lending for mining in general... If you need to know why it is time to read MOAR...

Bitcoin seems in beat gold in that it is harder to fake than simply plating a tungsten and lead alloy.

Can we have some confirmation from Kumala on this. I am messaging him now about this, but other than a trivially similar appearance, I don't see where you are trying to seriously force this kind of cred on the venture.

BitBet.us is very reliable.Their operators have much more to loose on other ventures than the reputation hit they could take on scamming with this site. It is a parimutuel site, so things are a quite a bit different from traditional sportsbooks. They tend to have a wide variety of bets, and making new bets on there outside of sports is dead simple. Parimutuel betting creates interesting market making opportunities if you have the capital to put into a bet you care about. On bets I've cared to correct the odds for I have put more into single bets on this site than I have placed onto multiple concurrent bets for the traditional BTC sports books combined.

For a more traditional sportsbook I like BitcoinSports.eu as it uses and accountless model. You can also build some monster parlays there if that's you thing. Their maximum bet is a bit lower than some other books, but I prefer that to a cowboy operation writing checks their body can't cash. Until recently there was a site called BlockBet that followed a similar model with higher max bets that never innovated and then just ended up broke. I use Bitcoinsports.eu nearly daily, and the fear that I might break the book lingers at the back of my mind when I decide how many bets to have outstanding with them at once.

I still play a bit with bitbook.biz, but part of bitcoin's appeal for me was not keeping a standing balance in other people's accounts. Their odds are nice, but I just do small money there. Other people might be able to give them better rep.

A bonus of 0.001BTC for deposits over a certain size is much better than trying to figure transaction fees. Right now I just tack on a fixed 0.002 fee so my transactions confirm fast, but people spending smaller inputs could always rack up much larger fees. Most people just learn to consider the fees a sunk cost.

Requiring new addresses to avoid the quantum computing threat is really on the 10-50 year security timeline from my limited understanding. New addresses while maintaining old addresses is what Mt Gox does, there are probably better and worse ways to do it. A set deposit address is going to probably be safe, Seals with Clubs the biggest bitcoin poker site seems to favor set addresses, people tend to keep these fairly private anyway.

Did you roll your own payment solution or are you using Bitpay(kind of sweet)/Scambase(not so sweet).

I do love me some La Parrilla.

Which made devcoin generation shares all the more attractive to me.

Maybe such an initiative should be called Backup coin?

A lot of the earlier generation rounds didn't have many shares for the round to split so those rounds were rather generous. Now there's quite a bit more competition for generation shares though...

I've found your instructions on manually importing keys on the Multibit.org site to be rather ammenable to bastardization for this purpose.

I didn't do this for noble purposes though. I just wanted a vanity profanity wallet...

Well scrypt is a less than trivial change as the legitimate GPU miners fleeing bitcoin for it are going to be overwhelmed by the botnet miners also fleeing bitcoin for litecoin (I guess this means I agree litecoin is a horrible hedge against bitcoin failure).

I think if someone wants to start a new cryptocurrency that makes meaningful changes like building in what seem like some of the inevitable bitcoin hardforks, this slowcoin approach would be an interesting way to get a network started without creating the problem of hoarding of unfair distribution. Your idea to start it when the grumbling happens does seem like a sound one.

A bell curve might not be the best way to do it. A better way might be to have blocks reward one or two coins to keep the network warm until a certain number of PGP (or otherwise authenticated messages) tell the network to start a bitcoin style distribution of 100 or 50 coin blocks followed by the bitcoin halving pattern.

(In this part of the country some sort of hedge against a tornado wiping out the home is a desirable thing to have though, usually it isn't the neighbor's house (litecoin) but the friend across town's ( coin))

I'm actually real serious. Devcoin got me the initial capital I needed to acquire serious bitcoin. Dealing with devcoin just requires thinking in bigger numbers. Anything less that 250,000 probably isn't worth moving through an exchange (though I think it is a bit more than 3/4 of a bitcoin ATM), and less than 5,000,000 probably isn't worth trying to deal OTC.

If you mine BTC merged mining DVC isn't going to add any additional cost, but the real money is in the generation shares allotted to Devcoin projects.

I tend to think of them in the quarter millions to keep track (a reversal from some people thinking in mBTC).

I think RUcoin does this.

This seems like a great way to avoid premine criticisms. new altcoins would be well advised to consider a scheme like this.

Pretty much this.

At the moment SHA-2 as Bitcoin uses it (preferably with merged mining) seems to be the best way to secure a cryptocurrency without making it botnet friendly.

On the other hand scrypt is better for encouraging miner decentralization, though the existence of popular mining pools takes some weight off of the hashing algorithm's ability to effectively enforce mining decentralization. Because of the way it chokes hardware much more than SHA-2, this is probably going to be one of the more popular and effective ways to do secure password storage going forward.

SHA-3 which I don't think any cryptocurrency is using is weird. It was designed to be fast, and there are already open source HDL layout for implementation in FGPAs and ASICs. I can't think of any good use cases for it beyond NIST felt like it was time for another hash function competition.

There's a lot of them. Devcoins are extremely microtransaction friendly. 180,000,000 DVC are generated every month. It can be very profitable, but it requires maintaining an awareness of its much greater monetary mass.

Had an awesome night tonight...