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6841  Other / Off-topic / Re: Britains worst kitchen on: April 13, 2014, 06:34:11 PM
Voted.
Not much chances to win tho, the current 1st place is way ahead of you and frankly, I think she needs it more.
Good luck
6842  Bitcoin / Bitcoin Discussion / Re: not regulation, but do we need a "moral/ethics contract"? on: April 12, 2014, 11:16:02 PM

when it comes to exchanges. it has to go into a mixed pot otherwise when you sell coins on an exchange the funds have to move to the buyer, meaning your both waiting 10 minutes for a confirm. slowing an exchange down



That's not what I meant. Obviously there must be a mixed pot. I was talking about ALL customers'  (not every single customer's) deposits being held separately from operating funds. In other words, the exchange can restrict itself from being able to 'borrow' from deposited funds to cover any ongoing expenses (employee costs, electricity bills, office rental etc).

In my understanding, this would be a simple case of constructing contract/T&C appropriately, so that customers remain the legal owners of the deposited funds (so should be safe if company goes bankrupt, as such deposits would not be a part of company's assets - but I may be wrong here).
Pretty sure there already are similar regulations regarding money deposits in the FCA regulated businesses (UK), but these probably wouldn't apply to cryptocurrency deposits.
6843  Bitcoin / Bitcoin Discussion / Re: not regulation, but do we need a "moral/ethics contract"? on: April 12, 2014, 05:54:49 PM
In a perfect world, rule no 1 should be sufficient on its own. If you're planning a large scale business - do it as a registered entity (or in your own name).
If you're running a business in a 'civilised' country, you're subject to a strict regulations. And even if your T&Cs say that "you're not responsible for anything, and customers are using your service on their own risk" that doesn't mean a shit, as T&Cs don't supersede the law/regulations. Therefore you cannot just transfer customers' funds into your own pocket and declare bankruptcy, as you could face a prosecution for fraud/improper management etc.

What I would like to see, in relation to the exchange sites, is a maximum transparency in management of customers' funds. Also, these should be restricted and held separately from the operational funds. So if I deposit 1 BTC or $100 I remain the owner of these funds and they cannot be spent on ie emloyees' salary or electricity bills. So even when the business goes under, users will get 100% of their funds back.
6844  Economy / Speculation / Re: I'm Out on: April 02, 2014, 08:58:10 PM
I like the discussion going on here. I just wanted to add that I cashed most of my coins out the day AFTER (kicking myself for missing it) bitcoins reached $1200-turns out that was a good decision. Although, I still held a fair amount of coins-primarily Casascius, which I've since sold-with the attitude "I'll just see what happens". So this wasn't just a snap decision. At the same time, I don't like not owning any coins-not just from a financial standpoint, but the principle of it (I "believe" in bitcoins). So, I'll probably buy a coin just to stay in the game. And I'm not taking my eyes off bitcoins-if I feel the stars align and its time to get back in, I won't hesitate.

So you sold some BTC, but will probably buy some "just to stay in the game" and you'll keep your eyes on bitcoins... That sure doesn't meet the definition of "being out"

Anyway, in or out, good luck to you.
6845  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: March 30, 2014, 08:53:01 PM
Is the merged mining still working?
Seems I haven't got any Namecoin transfers in a long time.
Is it just me?


Nevermind. Just noticed that the answer is right above.

6846  Economy / Trading Discussion / Re: why not withdraw my btc from www.cryptorush.in on: March 30, 2014, 08:25:01 PM
you don't try to do withdraw through altcoins right now I have this and lost nearly 66% of my payment if you can do just wait its better for all they are doing to change things around them

What altcoin did you get out with and when? 66% seems bit too high.

At this moment you can buy DOGE on cryptorush at 145 satoshi and sell on Cryptsy at 113. That's 28%, so not close to 66%.
Still better to lose 66% than 100% tho.

Also, how do you know they're doing anything to resolve the issue? Any links? As far as I know they've been silent for a few days now and that's a bad sign.
6847  Economy / Service Discussion / Poll: Future of BitStamp.net on: March 30, 2014, 01:25:09 PM
With Crypsy implementing USD markets and possibly adding other fiat currencies, a question comes to mind: is there a future for Bitstamp with only one USD/BTC market?
Providing that Cryptsy, Kraken, Vault of Satoshi and other sites offering multiple choice of crypto/fiat currencies are trustworthy and the fees are on similar level, why would anyone choose to trade on Bitstamp?

I wish Bitstamp all the best, but have a feeling that without adding other markets they will be loosing customers/volume pretty shortly.

What do you think?
6848  Economy / Trading Discussion / Re: why not withdraw my btc from www.cryptorush.in on: March 30, 2014, 12:10:32 PM
Apparently cryptorush lost their BTC. You cannot withdraw them coz they don't have any. Read the official thread.
https://bitcointalk.org/index.php?topic=431099.520

You can still get out by buying altcoins, and withdraw them. I got out with DOGE. But you'll loose some, as all the altcoins are overpriced.

Good luck
6849  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SHA256]+[CPU] MediterraneanCoin (MED) - REUSE your ERUPTER!! on: March 28, 2014, 09:06:56 PM
http://www.mediterraneancoin.org/  Shocked Shocked Shocked Shocked Shocked
IT'S HORRIBLE!!!!  Shocked Shocked Shocked Shocked



Agree, it's one of the ugliest websites I've ever seen...
6850  Alternate cryptocurrencies / Altcoin Discussion / Re: XPM Primecoin 2014 on: March 25, 2014, 11:25:15 PM
Cryptsy recently made some changes and removed all XPM markets, now they only have BTC and LTC markets.
That must have lowered the demand for XPM, therefore lower value
6851  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.6 HARDFORK MANDATORY UPDATE on: March 20, 2014, 10:36:46 PM
Vote for DOGE on Crypto Awards

http://cryptoawards.com/polls-2/
6852  Alternate cryptocurrencies / Altcoin Discussion / Re: Making a new cryptocurrency price will skyrocket and heres why on: March 16, 2014, 04:56:53 PM
*yawn*
6853  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Teacoin (TEA) On 6 Exchanges! Buy Tea with Teacoin. 0 Premine on: March 14, 2014, 08:27:32 PM
Lost 0.8btc while trading teacoins.
Great. Sad

Don't blame the coin, blame the game.
6854  Local / Polski / Coins2TheMoon on: March 07, 2014, 07:34:38 PM
Polecam calkiem nowa strone wymiany kryptowalut.

Wystartowali pod koniec stycznia. Na razie maja maly ruch ale dzieki temu mozna jeszcze okazyjnie kupic/sprzedac.

Do tego sprzedaja tez udzialy w zyskach ('Shares', gdzie 1 share = 0.0003% tx fees), moze to byc ciekawa inwestycja gdyby udalo im sie urosnac do wiekszych rozmiarow.

Jak ktos ma ochote sprobowac podaje referral link:

https://coins2themoon.com/index.php?register=2623


6855  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ann]Vote New coins on Bter.com - Which new coin should Bter add in next week? on: March 07, 2014, 07:16:55 PM
Please add Teacoin to the list

We are on 6 exchanges already and have 40M coin volume.

http://teacoin.net
https://bitcointalk.org/index.php?topic=434432.0

We also have a Tea shop that accepts TEA.

http://teacoin.net/images/TEAaccepted.png (larger version)

Chelmsford Tea - http://www.chelmsfordtea.com - https://twitter.com/chelmsfordtea/status/436938820764704768

+1 add TEA
6856  Bitcoin / Bitcoin Discussion / Re: Hardware Wallets on: February 23, 2014, 10:12:42 PM
There's also this thing (or will be soon?):
http://www.butterflylabs.com/bitcoin-hardware-wallet/

Although not entirely convinced are the hardware wallets really the safest way of storing bitcoins. They may be resistant to hackers/trojans etc, but you entirely rely on physical device which can be lost/stolen/destroyed (unless I'm missing something here).
6857  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5.2 Released, please update! on: February 23, 2014, 01:29:56 PM
lol, especially nearing 14th feb right?

What about 12th?
6858  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5.2 Released, please update! on: February 23, 2014, 01:23:36 PM
They aint cheap, BTC rises.
So why their price wasn't rising when BTC was falling?

It was. In early Feb all the cryptos incl bitcoin were going down except for DOGE

The DOGE/USD price fell a bit but it seems pretty steady.
I can't understand why some guys are panicking every single time the price falls. Nothing in the world can only go up (incl bitcoin/gold/shares etc) it will go down from time to time.
6859  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | coins2themoon.com | OFFICIAL THREAD on: February 22, 2014, 08:19:07 PM
Good idea with that referral program!
Added my ref link in my signature.

I assume those 50% of tx fees from referred person will be excluded from shareholders' pot?
ie: if 1 share = 0.0003%, is it still 0.0003% of total tx fees collected, or total fees less the amount paid for referring? If so, you should update the 'Shares FAQ'.

Also, it seems like you've only released about 4000 out of 100,000 shares so far. Will the rest be available to buy later on?
Ever considered selling some of the remaining shares (let's say 40-50k) on cryptostocks.com? That sure would be a good way to promote.
6860  Local / Polski / Re: Nowa polska strona o kryptowalutach - InfoCoin on: February 22, 2014, 07:29:23 PM
Wyglada ciekawie

Dodana do zakladek
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