looks like biddingpond has gone down. Is there an ETA on it coming back?
Not down for me now.
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Yeah, those are probably the same coins over and over. And it's rarely at 90k, I often see it in the 20-40k range. I mean sometimes I buy 2k on BCM and then send it to MtGox inside of a few hours, and that makes me over 10% of the 24hr traffic. Also if you look in the blocks there are lots of 50BTC transfers, I assume these are people sending recently generated blocks from slave machines to their main, not actual commerce.
Imo, the very beginning was the hardest bridge to cross. There is still a long way to go, but I'm pretty confident.
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Hi, i am new to BTC and still did not generate coins. I have 2 questions and it would be fantastic if you could help me:
1) If I would have Bit coins, how could I transfer or use them on a different computer? 2) What if I shut down or hibernate my computer during the BTB generating. Will all be lost or does the system restart where I stopped ?
thanks!
No work is lost because each trial is done in a tiny fraction of a second. Think of it like playing the lottery 1.2 million times per second. Because there are so many people working now and the system recalibrates the difficulty to keep an average time of 10 minutes per block it takes an individual a long time before they can expect to make a block now. This is good for the security of the system though and hopefully it will get much harder over time. This is disappointing for people who are trying to get free bitcoins, but it is exactly what people who want a good solid money are looking for. It is easy to transfer bitcoins. Install the client on the other computer and get the address that appears at the top. Send coins to it with the client that has coins. That's all. If you post an address I'll send you a bit to play with.
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How hard would it be to set up an email system with payments attached? If you have that then you just make emails with <.1 BTC or whatever you set attached invisible. You make a "refund" button to send it back on legit emails, or even a refund all from this person, or refund all from everyone button to make it easy.
If your mother refuses to ship your BTC back, just don't write for a while. This works nicely with the celebrity mail idea from before. Celebs just don't send back and everyone knows it. Busy/important people could check their 50+ BTC mail frequently and their 1+ BTC mail when they have extra down time.
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I have no suggestion, but I am interested.
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This is really backwards. Most open source developers release their code then take donations. He can keep his ransomware. I'll take my business elsewhere when competition becomes available.
If it was something that wasn't going to get done otherwise a bounty beforehand to show people's desire would be good. This is going to get done though for sure and I bet the majority of donations will be paid afterwards.
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The fix, for those interested: if any change would be less than 0.01, it is "thrown away" by adding it as a transaction fee. Someone else will get it when they generate a block. Maybe someone will manage to collect enough of them to form a usable cent.
This seems bad. Why? Seems fine to me.
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I think everyone working towards an open version is a great thing for sure. It has huge positive externalities that accrue to all of us, even if we don't ever use it. Bitcoin is not very secure when one programmer and 20 GPUs can double spend. Once there is efficient, open code it will take much much more power to corrupt the system.
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I think you guys should give the pudding berating a rest. He did some work and made an offer, that's all. Of course it would be nice to have it done for free, and I'm sure it's annoying redoing it, but he hasn't done anything bad at all. And there is no reason to think he's putting malicious code out there, and if you are worried, obviously you should just not use it.
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the format is to pick 6 hexadecimal numbers exactly correct? that's, what, 16 million possibilities? Am I missing something, or is it very likely that this lottery will run for a very long time until we find a winner?
I would bet you this one will be over before the working week is... Ha, friendly wager? 10BTC? :-) And you can buy all the tickets you have coins for, no problem. Working week ends Friday? You're on! Yep, Friday. I'm on GMT+1 so so that's Saturday 5am for you EST people :p Damn, that's 11am Sat here, I'll still take it though. :-P
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the format is to pick 6 hexadecimal numbers exactly correct? that's, what, 16 million possibilities? Am I missing something, or is it very likely that this lottery will run for a very long time until we find a winner?
I would bet you this one will be over before the working week is... Ha, friendly wager? 10BTC? :-) And you can buy all the tickets you have coins for, no problem. Working week ends Friday?
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Well... a 2010 silver American Eagle is $22/$23 (today)... how much additional is shipping/insurance? I would think you'd need delivery confirmation and all of the widgets the post office can sell you because just one non-delivery without being able to post proof of sending it would be enough to spoil trust. I mean, is the goal to get a *good deal* on silver or to get more 'stuff' for sale in bitcoins?
Okay, I was thinking of 6 months ago when I walked into a dealer, obviously having a coin sent is different and the price is up since then too. 450 doesn't seem so bad. Also, I'm probably off of reality from the great silver deals I've been getting on biddingpond.
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I take my time and use it to earn USD on PS, then I trade it for BTC. Is this a BTC business? Did I profit?
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Why are you stuck on the generating time? How long does it take you to generate $$ with your computer? At least compare apples to apples man.
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Yeah, it isn't like we have a good currency to use and we're just mucking about with another for kicks. I want to use a good money.
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So I can start a webshop and sell stuff for bitcoins that takes a year to gather bitcoins equal to $50. I still don't see why people would perfer it over paying real cash unless your 10 years old and cant really earn any real money.
Or I want to buy things from you without telling you my name? Or I want to accept payment from strangers and know it cannot be charged back? And I don't have to Pay fees to a CC company? Lots of reasons. edit: I am not BSing either. I would never and have never sold PS money for PayPal, it would be stupid and I would have to worry about charge backs for 60 days, and I would probably have zero recourse because I was selling poker money. I have sold $500 worth for bitcoin. I saved some, spent some on silver, and got some legit PayPal from MtGox. And some people who could not or would not give payment info to poker sites have been able to play.
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Yeah, it would suck if bitcoins could just be created on demand... like dollars are. Do stuff people want done or make stuff people want to have to get bitcoins. Thanks to the markets (mtgox and bitcoinmarket) you can trade to get USD then BTC if you need.
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There's one guy who is selling "junk" .7 silver coins for bitcoins. If there is enough demand, I'd be willing to sell 1 oz. bullion silver bars at 30% over spot shipping included.
Yep, I like it. I have some 2010 1oz Silver American Eagles & 1oz 2010 Silver Canadian Maple Leafs...would 450BTC shipped CONUS seem like a fair price? Seems high to me.
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When I click on your tinyurl link I end up on www.amazon.com. Is this normal? Maybe your offer is only valid for those in US? I think the idea is that using the link tells amazon how you got there so he gets credit.
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Even if they immediately cash out it still has a lot of upsides. They see that people who support them think it is a good way to transfer value, maybe they will be more inclined to accept bitcoin as payment for other things they sell, maybe they will find something that is good to buy with bitcoins like a server and now they will buy or earn more coins to keep buying the thing.
Donating and spending don't add value to bitcoin, accepting them for goods and services does. If no one or very few people accept them, then your donation will be literally worthless to whoever you donate to.
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