Effective from Friday 25th of May, any user using Dwolla via Mt.Gox will be required to own a Verified account.
That part was a little confusing the first time I read it. You mean a Mt. Gox Verified account (versus doing verifications on Dwolla). |
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BitLotto just passed 170 BTC with about half the time left!
Good luck everyone!
A new, wildly popular competing wagering service might be where a few bitcoins ended up where previously they might have been destined for BitLotto. But that service just changed their payouts, leaving BitLotto once again as the best online, bitcoin-based wagering opportunity that I'm aware of. |
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Question:
What would be the expected behaviour when a double-spend attempt is detected? Common opinion is to wait until 6 confirmations to be sure that a transaction is fine. So i would track both transactions until one of them gets 6 confirmations. Only then notifications will be generated and the loosing transaction would just be dropped.
I'm not sure I follow. If I have an agent set to notify on 0 confirmations, you send that out. But then let's say you detect a double spend at the first block (e..g, a Finney attack was successful). Shouldn't that trigger a notification alerting me to the double spend immediately then? |
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I'm interested in what constitutes 'proof of delivery'
Maybe someone has already thought about this angle so forgive me for thinking out loud...
To purchase bitcoin with paypal, a money transfer can be made, and as long as you get the user to perform some sort of double confirmation of a sending address for X amount of bitcoin. Also emailing a reciept, then you could effectively, and publicly show proof of delivery by showing the block that the transfer happened in right?
Would paypal not also accept a tickbox saying you agree to various terms and conditions about reversals?
That dog won't hunt.  It matters not if you can prove the bitcoins were delivered. PayPal simply expressly prohibits using PayPal for digital currency transactions. Period. (Well, VirWoX found some type of exception) They may not be able to always tell that a transaction was for Bitcoin but when they do it is brutal. Nearly every person that accepted PayPal in exchange for bitcoin has either had their account closed, funds frozen, etc. "I got suspended for selling paperclips with free bitcoins 2 days ago, and yes i sent the damn clips with a tracking number. " - http://bitcointalk.org/index.php?topic=67137.40 - http://www.bitcoinmoney.com/post/5086167006 |
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Claim page is up: - https://claims.bitcoinica.com/Now I wonder if there is anything in what I just filled out that wasn't available to the hacker if a copy of the database was taken as well. The only thing the hacker can't do is: "I am willing to send a scan of my ID for priority processing of account access" |
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This is for an alternate currency.
Please move this thread there:
- http://bitcointalk.org/index.php?board=67.0[Apologies, I confused ecoinpool with encoin, which an alternate currency (still in the proposed stage apparently yet though.)] |
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Always annoying when gold and silver goes down but you miss the lows because you have no excess fiat to convert.
This still boils down to doing a wire transfer to APMEX, but at least you can fund the wire using Bitcoins. Still isn't instant though: - http://www.spendbitcoins.com/convert/apmex/ |
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Sorry, I should have made it clearer. I mean a payment from Paypal.
If it was credit card that funded the payment, it can be reversed up to six months after the transaction date. Their terms of service say 60 days after receiving the credit card statement but they still process new claims up to 6 months, reportedly. There is a generally accepted belief that if the funds are in the receipient's paypal account, PayPal will accept the claim and yank the funds. If the recipient has closed the account or doesn't have funds, PayPal is a little more strict on the timeline for claims, particularly for the "not as described", "never received" variety. |
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I even wrote a little satoshidice simulator to try out some betting strategies. You can follow my signature link if you’d like a copy.
I just want to add, as a public service announcement, to anyone who might not be aware of the risks. When installing software you are trusting that the software doesn't include a keylogger, a wallet.dat stealer or any other malware. That's one thing that is so awesome about SatoshiDICE -- no software necessary. |
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Hi Stephen,
I think you are confusing the UK and the US?
Nope, just showing that the topic has come up at least once before. Though I did add some new links to the list. |
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a couple of years, when we're close to having most of them mined?
"most"? The 50% will have been reached in December, 75% mined roughly December 2016. 87.5% roughly December 2020. when almost everyone has heard of Bitcoin at least 10 times and Bitcoin is still functioning. That will be the time when it explodes, at the latest. That will make a difference whether or not they use bitcoin as a store of value, but for those using it as a trading currency, it really isn't a factor. If you want to play online poker and the easiest (or only) method to deposit funds is with bitcoin, it won't matter if that's the first, second or tenth time they've heard of bitcoin. You'll figure it out either way. And that's for entertainment / recreational purposes. For those who need something for a business and the seller only takes bitcoin, there's no question as to what happens next. |
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I was almost motivated to do something along those lines. But I couldn't come up with a reason for doing it, .... as in, yes -- TradeHill had days when they were 20% of the market. But what benefit is there in knowing that information? Anyways, here's how the data can be collected: - http://bitcoincharts.com/charts/chart.json?m=mtgoxUSD&i=Daily&c=1&s=2010-07-14&e=2012-05-06And here a compilation of the various symbols: Current, active: ------------------------------- bcEUR bitfloorUSD bitmarketEUR bitmarketPLN bitmarketUSD bitnzNZD bitstampUSD btc24EUR btcdeEUR btceUSD btcexUSD btcnCNY btctreeUSD cbxUSD cryptoxAUD cryptoxUSD icbitUSD imcexEUR imcexUSD intrsngEUR intrsngGBP intrsngPLN intrsngUSD kptnSEK mrcdBRL mtgoxAUD mtgoxCAD mtgoxCHF mtgoxCNY mtgoxDKK mtgoxEUR mtgoxGBP mtgoxHKD mtgoxJPY mtgoxNZD mtgoxPLN mtgoxRUB mtgoxSEK mtgoxSGD mtgoxTHB mtgoxUSD rockEUR rockSLL rockUSD vcxEUR vcxUSD virtexCAD virwoxSLL No longer used --------------------------------------- b2cUSD b7EUR b7USD bbmBRL bcmBMUSD bcmLRUSD bcmMBUSD bcmPPUSD bcmPXGAU bitchangePLN bitmarketAUD bitmarketGBP bitmarketRUB bitomatPLN britcoinGBP btcexEUR btcexJPY btcexRUB btcexWMZ btcexYAD exchbUSD freshPLN globalEUR globalGBP globalPLN globalUSD ruxumAUD ruxumCHF ruxumEUR ruxumGBP ruxumHKD ruxumHUF ruxumJPY ruxumPLN ruxumRUB ruxumSEK ruxumSGD ruxumTHB ruxumUAH ruxumUSD ruxumZAR thAUD thCLP thEUR thINR thLRUSD thUSD wbxAUD I don't know that all the data is reliable. For instance, there were concerns that some exchanges were feeding bogus volume, possibly to make it seem like greater liquidity was available. So keep that in mind. |
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This is the third week in a row where the Weekend Dip indicator is flashing green.  - http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2012-04-20zeg2012-05-18ztgSzm1g10zm2g25There was one minor detail though ... the chart shows a level a couple cents higher than had actually occurred. Mt. Gox acknowledged a "trade execution glitch" which they followed up with by cancelling those trades. So there may be a tinge of doubt if this truly is another "down week" which often results in a weekend dip. The chart says the week had trades that were higher than showed for the previous week, the exchange itself says those weren't real. Who knows, and does such a minor detail make a difference? The uncertainty as to what and when would be happening at Bitcoinica after their security breach had caused me to hold off on buying back last weekend. So personally, the long position I would normally have for selling before the weekend when the indicator flashes green like this has already been sold and thus I'll not be doing any more selling into this next weekend. But for keeping tabs on the weekend dip, the last trades as of this post are at about $5.055. The better time to have done this is Wednesday evening (west) / Thursday morning (east) and had this post been written then a better exit price of about $5.09 would have existed. Either way, with the indicator green, let's see if the weekend dip truly occurs for the third week in a row (and extend the winning streak to five out of the last five when the indicator is green). The wildcard here is Bitcoinica and their speed and handling of customer account recovery. There will likely be a little volatility once processing on those begins. |
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