I hate to put a damper on the discussion, but #bitcoin-otc may not be the best place to trade. I went through all the steps, bought some coins, and got a rating. It was lots of fun. Really! You get a real sense of accomplishment once gpg suddenly makes sense to you. Here is a great video explaining it <https://systemoverlord.com/presentations/gnupg-open-encryption-signing-and-authentication>. I still like to hang out on the irc channel now and then, just to chat.

Nevertheless, in all honesty, I have found that I can trade betwen BTC and USD faster, more safely, more profitably, and more reliably at mtgox, campbx, or bitfloor than from the great guys at otc. It may just be me, but you might not have to get into otc at all, just to trade, unless you find it to be fun like I did.

Why does the winner get poisoned? 

Ignore it if you want, this is growing. The more it grows the more confidence I have that they will succeed.

Hi, i was wondering if it is possible to lower the minimum transaction fee for bitcoin.
It currently is 0,0005BTC(500µBTC) and there is no way to change it as far as i know (i'm still e newb). Even if i lower the value in my options, my client gives a message and charges 500µBTC anyway.
Wile 500µBTC would have been a perfectly reasonable price half a year ago, the price of bitcoin rose 8 times since then, and so the relative transaction fee in % to the average size of a transaction did too!

I want to organise a bitcoin party to introduce the currency to people i know.
The plan for this is to award 1mBTC to everyone each time they buy a beer (yes, we are student and we like to drink ) and the person who earned the most mBTC at the end of the evening gets a prize, everyone may also keep the bitcoin earned to get them started on their wallet.
This concept requires me to transfer small amounts of BTC to numerous new adresses and print those out as paper wallets (kinda like money)
With the current transaction fee of 500µBTC, i will lose a whopping 50% of my money to transaction fees, and that's just not viable.
Using bigger amounts to hand out isn't an option either, as we still want to offer good prizes for a consumption and don't plan on running loss on the event.
On top of that, if people who are interested in bitcoin want to take all the BTC they earned from the paper wallets and store them in one account for ease of use, they will lose another 50% of their money. Total loss will be 2/3rd of the money i invested.

one of the advantages of BTC is its low transaction fees, but arn't we slowly taking away that advantage by not adjusting the transaction fee to the current value on a regular basis?

@Ulysses,

Is there a technical reason it won't work, in spite of being a kludge?

A crazy way not really appropriate for your small amount. Send your wallet outside the system directly to the receiving party. Inform them to send the money to themselves and then wait for confirmation, before assuming they really have the money.

I don't know how to send an encrypted PM they way you're saying. You may email me here: eric@naa-recovery.com  The price you mentioned it fine. There's a 75% chance I can do it, so payment is after I verify I got the correct info.

Eric

What am I missing?

http://mpex.co/

I only see a few BC stocks, BC difficulty, and BC options trades.

Where do I find these others?  And how to trade on this platform?

Upgraded Wallet Security

Posted: Saturday, March 23rd, 2013

Due to recent issues with the blockchain and some security breaches involving large exchangers, we are implementing added security to our wallet management. We are increasing layers of encryption and password protection. It is our desire to provide the most stable, secure, and dependable system we possibly can. We are already managing several thousand bitcoin key pairs, and we anticipate rapid growth of such security sensitive data. We have paused distribution of Referral Rewards to our Founder Members during these enhancements.

We anticipate returning to near-instant distribution of Referral Rewards by Monday, March 25th, 2013. Our upgraded system will enable us to process distributions to our members more efficiently and more securely. It is critical we pay attention to security at this early stage so there will not be increased risk at a later stage. We anticipate operations which will facilitate the movement of bitcoin transactions in great numbers and great values in the future. In order to protect the privacy and integrity of our system, we are studying security methods of other bitcoin related businesses and doing our best to apply industry best practices, as they become known.

We truly apologize for the inconvenience of this pause in distributions. We are sure the majority of our members understand and appreciate the sensitivity of this data. We are in development stage. We anticipate many breaks in operations as we fine-tune and modify our operations and systems throughout the upcoming months. Please be patient and try to understand the complexity and importance of our work. Many of the individuals involved in the source coding of GBBG software are volunteers and are working their best for YOUR future. We appreciate your support and encouragement!

Hey All,
New to Bitcoin(obviously). Been using exclusively for betting up till now, but I want to learn more about the market and reliable Bitcoin sites. Going to walk around the threads, but if anyone has suggestions for safe sites to make Bitcoin, or trade, I'm all ears.
Happy posting,

So today I cut open my 1 BTC bitbills. When I opened them up there was a private key printed on the back of the QR code. I entered this into MtGox and sold the bit coins. Nice and easy! 

BUT...

Then I cut open the 5 BTC bitbill (same as I did for the 1 BTC bitbills) but this one didn't have the private key printed on the back of the QR code. So I had to try and get the silver stuff that was left over from the sticker/hologram off the QR code and during the process managed to damage the QR code. I have tried multiple times to read the QR code with my phones camera but no joy. I guess I have just lost 5 BTC eh? 

I have to say, what a stupid design for the 5 BTC bitbill. Why didn't they print the private key on the back like they did with the 1 BTC bitbill???!!!

No problem Atruk, have him PM us.

I looked over the bets from that game just now and all were paid out last night.

If you like being slow, then tell your wife, GF, or bitch that you're gonna stroke slow in bed cause it's better, vatos. LOL.

Wow, nice, at least now it is not a pyramid scheme any more, but a stupid bitcoin affiliate marketing site ;-) so we are definitely progressing...

Have a good night/good day everyone, I am off to bed and... I am smiling.  I see that with all of the criticisms, our posts here have plenty of views.

...save users significant amounts of money by eliminating the need for  software programs such as office, adobe, photoshop, etc.  As an added bonus bitbillions grants internet users privacy when surfing unlike the traditional architecture that traces all movements.
Bitbillions has a Utopian vision in which a global stimulus will be accomplished by  rewarding users for loyalty..."