Mike: what is the gold coloured one in the above photo?
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Pretty sure I saw a revision log somewhere... perhaps it was for my own posts?
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These are great sites. Thanks for these.
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How do I view a list of revisions to posts on this site?
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This is not just a charitable thing but makes excellent strategic business sense.
The early adopters of disruptive innovations that large encumbents spurn are often big winners. Internet Archive Federal Credit Union for the win ... how do I buy shares? These guys are fast becoming legends.
+1
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Smoothie, is it my imagination or are you increasing the price of the coins as they sell?
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Just ordered. Very excited.
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Can anyone point me at a source of info about how many XPM coins per unit time are generated and what growth curve and limits are imposed upon its design.
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To start with, don't even try to secure your bitcoins on a computer that is connected to the Internet. Offline wallets are a minimum requirement when it comes to securing bitcoins. +1
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Kumala - do I need to come to you to change an email address associated to an account? Can't see how to do it via the web interface.
Sorry to post here but can't get you on skype.
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Sunny King definitely gets my vote. As well as being an excellent developer he understand the deeper philosophical aspects of cryptocurrency as exemplified by developments such as proof of stake.
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I don't see a way to pay for the purchase using Bitcoin. Woot! You're right. We'll have to get on their case about that. Edit: I just wrote them telling them about your comment. Got an immediate automated reply that someone will follow up, presumably in office hours tomorrow. I sent them a link to the thread, so if you have specific advice for them perhaps they'll see it here. I'm guessing they should use something like Coinbase but I don't know much about BTC shopping carts. +1
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The Missing Ink ( http://missing-ink.com) has been accepting BTC for some time now. They may start accepting LTC soon as well.
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I've not heard of this retailer before with my UK centric perspective but this seems another big step for Bitcoin.
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Does anyone know if this means US customers can send and receive funds from MTGOX I can't find any clarification on this...
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https://mtgox.com/press_release_20130704.htmlProgress in the Previous Two Weeks While we announced that there would be a temporary hiatus on withdrawals, during our testing over the past two weeks we managed to process over $1,000,000 USD to customers. As this required a great deal of manpower and was not a perfect solution, we are quite happy with the progress made despite the conditions.
New Banking Partners Mt. Gox has now formed relationships with several new banking partners both in Japan and around the world, and we are still in the process of finalizing even more. This means that we will have increased stability and ability to transmit withdrawals going forward.
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Can't find a direct link to this article so I've provided the key section from it which will be acceptable under UK fair use: Last month, an undercover US federal agent set up an account with Liberty Reserve to demonstrate just how easy it is to transfer criminal proceeds illegally, says Kara Scannell in the FT. Registering online, the agent typed the name “Joe Bogus”, the account name “tostealeverything”, and an address: 123 Fake Main Street. Within a few keystrokes, he had converted dollars into the virtual currency, the “LR”, and sent it to other undercover accounts, where it was swiftly redeemed as hard cash.
Given the set-up of the scheme, it’s a wonder it lasted so long, says James Surowiecki in The New Yorker. The LR was supposedly pegged to the US dollar on a one-for-one basis. But there was nothing to stop Budovsky flooding the market and devaluing everyone else’s holding. Hordes of criminals nonetheless put their faith in the system. “Like good disciples of Adam Smith,” they relied “not on Budovsky’s benevolence but on his pursuit of his own self-interest”: the long-term value of the business “depended on it not screwing over its customers”. It’s a testament to markets’ capacity to flourish without legal enforcement that there is “honour even among thieves”.
But anyone with cash in the system when the Feds swooped is nursing large losses now, notes Brian Krebs on Krebsonsecurity. com. Liberty Reserve’s shutdown has caused “a major upheaval” in the cybercrime economy. It’s also “shaken the burgeoning world of digital currencies”, leaving some wondering who’ll be next, says Schumpeter in The Economist. Attention has inevitably turned to that “darling of virtual currencies”, the Bitcoin. “But the two are not the same.” Bitcoin, while hardly squeaky clean, is already a mainstream currency and aficionados argue that the Liberty takedown will only strengthen Bitcoin’s viability if it leads to improvements in regulatory oversight. That’s already starting to happen, says Stephen Foley in the FT. Criminals might have been “the first adopters” of digital money – but it’s here to stay.
Original article MoneyWeek, Issue 643, 7th June 2013, P34: http://moneyweek.com/wp-content/uploads/2013/06/Issue-643.pdf
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Another article on MetaLair's proposed decentralised exchange mechanism: http://www.dgcmagazine.com/true-peer-to-peer-currency-exchange/A network of small, peer-to-peer transactions would likely bypass many of these issues and would be a fitting solution for the brilliantly decentralized Bitcoin network. But is such a thing possible? The guys behind MetaLair, a UK based start-up, think so and are working hard to develop the software and find the investors to make it a reality.
MetaLair’s developers believe that the project will benefit the crypto-currency community as it is open-source and fully decentralized; this ensures that should MetaLair not be around the decentralised exchange will simply carry on.
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