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721  Economy / Service Discussion / Re: BitBillions New on: March 22, 2013, 04:31:19 AM
"As a non-corporation, there is neither a centralized headquarters nor restrictive confinement under the traditionally chartered scope of any regional governmental authority. We are incontestably autonomous and 100% of goods and services are solely developed for the global population."

So since there's no pretense of corporate protection from personal liability anyone who profits from this will be vulnerable to litigation against their personal assets when this scheme collapses...
722  Other / Beginners & Help / Re: Selling Bitbills on: March 21, 2013, 09:21:06 PM
Maybe I should be a bit clearer  Grin

I don't really want to sell the Bitbills, but I do want to get the BTC from my Bitbills into my Bitcoin wallet. Does this still require Bitbills support? Or can I just open the Bitbills up to reveal the private key??

Am confused, please help  Smiley

Find the private keys then put them into a Blockchain.info wallet. Then send the Balance to your normal wallet.
723  Other / Beginners & Help / Re: Multi-bit Wallet Question! Thank you! on: March 21, 2013, 09:19:12 PM
Hi Everyone,

Trying to adopt and use the this new BitCoin experience in my life. Thank you for helping.

So I have Multi-Bit, but I'm a little confused. Here are my questions...I hope you can understand why I'm confused:

1. When the Multi-bit app is launched, it immediately opens my wallet. Is it possible to password protect my wallet upon opening the application (or make it where Multi-bit doesn't open my wallet once opened)? (my fear is anyone can just open the app and move my bitcoins to another user?)

2. I see that you can export password protected keys, and I did so successfully...I just don't understand it. So now my wallet exists in two places? Within the application on my computer....and within that key file?

3. Technically could my wallet be "active" on 5 computers at once if I wanted by importing the key into multi-bit on those different machines?

I hope you can understand why I'm a little confused. Thank you for reading.



1. The latest 0.5.X build does have a working wallet encryption feature, but it is still a test build... Use with caution if you decide to go that route, and read about the other feaures under development.

2. Yes, you successfully backed up your wallet.

3. Yes, but don't send any coins from any wallet unless they are all synced up.
724  Other / Beginners & Help / Re: Plz suggest LTC or BTC..??? on: March 21, 2013, 09:15:16 PM
Hello all...i am totally a newbie in field of mining. I have exactly 50 cpus with following configurations.

8 core processor with 2.1 GHZ [ AMD Opteron ]
14 GB RAM

I have no restriction on utilisation of cpu , i dont have to pay extra for electricity. As these are dedicated servers , they dont have any gpu. So anyone can tell me what wld be worth mining with 50 such cpus. Also should i mine LTC or BTC and if yes , which clients to use to mine them.

Plz suggest me your views...Smiley


Open a web hosting company, accept Bitcoins for payment.
725  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin / .bit domain cost on: March 21, 2013, 09:11:22 PM
I think there was a project of using it as a DNS for .onion domains.
It seemed to be an  appropriate application, and potentially very useful.
I don't know what became of it though.



People use it for that. They also use it for torrent links. Do many people use it for these things? Not really, but it does get used.
726  Economy / Gambling / Re: 1 bitcoin buy-in March Madness Brackets, I hold the coins 100% payout on: March 21, 2013, 09:02:29 PM
I'm going HAM today to get us some action Atruk.  I just tweeted it, and will be announcing it on DonkDown radio when a lot of SealsWithClubs users are listening and on the site.  Tonight is our last shot!!!

GLGLGLGLGL either way Atruk.

It looks like we'll still have a fun sweat. In a couple rounds there will be people that missing out.
727  Economy / Service Discussion / Re: Coinbase: a description on: March 21, 2013, 08:57:03 PM
Coinbase: These are very serious allegations. When people want their weed you better give it to them.

It's more serious because, Wall Street. Change the weed to powder and you get a different kind of discomfort when someone is missing their fix...
728  Economy / Securities / Re: [BitFunder] TU.SILVER -- Request for Discussion on: March 20, 2013, 07:09:58 PM
There are THREE further calculation sheets that number goes through before I get a book value.

I have those sheets too.  And would you believe it - the final book value is STILL below the price you charge.

Not that it SHOULD have any relevance - but you still can't make up your mind what you're selling.

Is it silver?  Well in your (now locked) thread about FinCen compliance you state in the final post that you're a silver store - which would tend to suggest you just sell silver.  And when someone redeems shares all they get is silver.

Or is it ownership to some extent of other assets as well?  Well your pricing seems to suggest so - as does your repeated refence to some book value that contains elements that far exceed just 1/10th oz of silver plus associated costs.

When you make your mind up WHAT you're actually selling then it's likely we can make some sense of your pricing policy.

It doesn't make too much sense to me either, but I find the number 0.09818688 (a number that apparently includes the "cash kitty") interesting as it is less that half the initial book value of one of the fund's shares.
729  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is useless now. on: March 20, 2013, 06:22:12 PM
Right... you are posting absolute drivel without a shred of fact. Not surprising, the majority of you do not have the slightest clue how blockchains function.  No SPV needed right now...How strange.

Anyways, if you want to discuss easily hashed algorithms, let's discuss sha256 and the overwhelming amount of asics residing in the US government's control. Let's just hope they don't get tired of you guys 'abusing' their technology for illegal purposes. By being a shortsighted, misinformed child, you have failed to grasp the concept of pure mathematical 'difficulty' (as our brains perceive) is highly irrelevant when it comes to calculations of this complexity. It is *far* more difficult and expensive to amass substantial scrypt hashpower.

So no, your highly biased, unsupported and meaningless opinion that outdated technology will continue to hold long-term value is faintly ridiculous.

Enjoy the BTC profits, I sure have and will continue to as long as you trade like emotional children.

 Really though, you people cannot be this stupid...Right?

Both Bitcoin and Litecoin use ECDSA to sign transactions so for the same volume of transaction over a period of time they have the potential to experience the same degree of growth in the size of their blockchain. As litecoin grow it is going to accumulate dice games, messaging services, drama, and faucet sites that send large (in data size) dust filled transaction.

Even at the Litecoin blockchain's current size there exists an area where an SPV client is sorely needed, mobile.
730  Economy / Service Discussion / Re: BitBillions New on: March 20, 2013, 06:17:53 PM
Is there an affiliate program?

I don't think there's anything beyond an "affiliate program" to this venture...
731  Economy / Trading Discussion / Re: So my dad wants to buy 100 bitcoins. What method do you recommend? (USA) on: March 20, 2013, 08:47:08 AM
Quote

Well, if you're willing to get hit 4-5%, you can always do MoneyGram via bitinstant.com. I've done that once, but the whole thing feels like a drug-deal. You print out some paper from BitInstant with a bunch of account numbers from companies you've never heard of, then you go to a local Walmart/7-11/whatever, hand them the paper, and they direct you to a red land-line phone (in my experience, sitting between a CoinStar and a Redbox). Then you talk to someone on the other end, and then you go back to the clerk, fork over a bunch of $ cash, and the money (less 4-5%) shows up in your Gox account.

As noted, I've done this once. Worked fine (and had my $ on Gox within an hour). Felt ridiculous having to use such silly things as a land-line phone at a physical retailer in order to buy an online crypto-currency, but such is life...


Don't go to whatever next time. Go to your favorite liqueur store. Last time I came there with paper from bitintstant, they gave me a discount on vodka. I payed too much anyway, and never going to use bitinstant anymore, unless I am in big rush.
 

+1 Local liquor store. If you are a regular you have a pretty good chance at a discount on your normal liquor purchases because they'll make a bit off of the moneygram fees.
732  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC is useless now. on: March 20, 2013, 08:41:59 AM
Simran,

Is there a decent Litecoin SPV client yet, or is the Litecoin client going to suffer inevitably when people use the blockchain for, you know... these things called transactions...
733  Economy / Gambling / Re: 1 bitcoin buy-in March Madness Brackets, I hold the coins 100% payout on: March 20, 2013, 08:22:33 AM
I hope we pick up another gambler or two, was really hoping for 10, now hoping for 5

it's still a fun sweat either way IMO.



Well, I presented this to a few friends I just introduced to the coin and it's a bit too rich for their blood...
734  Other / Meta / Re: A new Bitcointalk? Less nonsense, more bitcoin? on: March 20, 2013, 08:10:40 AM
You know that you can just ignore Boards you are not intersted in: https://bitcointalk.org/index.php?action=profile --> Ignore Boards Preferences

You wont even see them in "Show unread posts since last visit.". I "Ignore all Languages I don't speak.

If you Ignore Newbies & Off-Topic as well your experience should get a lot better.

I think if we build up more sub boards this could work even better. For example a sub board for every "bigger" Alt Currency, so I could Ignore the ones I'm not interested in.

Guys, Newbies are not always newbies with BTC, sometimes they can be just new in the forum :-) 

If they aren't newbies to BTC when they enter the forums they might want to lurk moar on the forums before they fall for things like the link in your signature...
735  Bitcoin / Development & Technical Discussion / Re: [SOFT-FORK] Bitcoin fork "No Forced TX Fee" v0.7.2 avaiable on: March 20, 2013, 06:47:33 AM
block limit for 0.7.2 or ?

Block limit for prior to 0.8/0.8.1... The issue with 0.7.2 is a bit more archane.
736  Economy / Digital goods / [Closed][WTB] TracFone Airtime on: March 20, 2013, 06:45:42 AM
I would like to buy one TracFone Airtime code for either 60 minutes or 120 minutes from a member registered with the #bitcoin-otc web of trust. I'll send coin first, but you must be online and authenticated with gribble before I will agree to the transaction.

Purchase accomplished on OTC
737  Economy / Gambling / Re: 1 bitcoin buy-in March Madness Brackets, I hold the coins 100% payout on: March 19, 2013, 04:49:41 AM
yes, hopefully.  Wallet updated, 1 btc rec'd, that was not the addy that it came from Smiley

so far 2 in this pool!

I'll bet we pick up moar before thursday

Yeah, I'd already placed most of the basketball bets for the day out of their wallet, so I funded this one from the baseball betting wallet. Puerto Rico's win last night more than covered this buy in.
738  Economy / Speculation / Re: Potential turning point in price chart events on: March 19, 2013, 01:50:40 AM
When I first heard about the Cyprus incident I was skeptical that it would affect Bitcoin for a number of reasons.

Then I saw the amount of people downloading the Bitcoin client on Sourceforge.

Now I see the sell orders disappearing. Slowly but surely.

I can't predict the future, but I can see the present, and something is definitely happening right now and it is very exciting.

Cyprus is rather big in offshore banking (or at least was). There are a lot of people who don't live in Cyprus who are looking for new places to store their assets.
739  Economy / Gambling / Re: 1 bitcoin buy-in March Madness Brackets, I hold the coins 100% payout on: March 18, 2013, 10:02:01 PM
6437564be1828d2d917bdadb1558bff16d4f6a873518cafef0ac34d4041a0219

For the bracket paying to 1Magr1FdjAHeST3aVeFQSMZdPKSzWW


i see you on yahoo, just updated wallet to .8.1 so waiting on that now to verify the coin

Awesome. I apparently linked the wrong transaction the first time though I pasted the right transaction hash. The coins are coming from an address other than the payment address.

Hopefully this expands beyond a one-on-one contest...
740  Economy / Gambling / Re: BitcoinSports.eu (Bit365) - Bitcoin Sportsbook - No Registration - Fast Payouts on: March 18, 2013, 08:32:48 PM
I'm wondering if this two minute limit might be leading to some issues. I've placed a bet that's piling on confirmations, but doesn't seem to be displaying yet...

Hi Atruk,

As long as BTC is received within 2 minutes of placing your bet everything will be okay. Remember that you need to save the 5-character Bet ID to review that bets history in the future (by going to bitcoinsports.eu/bet/secretID).

I'll send a PM with the bet ID. I'm suggesting that the 2 minute limitation might be problematic, because of some certain bitcoin network specific limitations... Under good conditions it takes roughly a minute for transactions to propagate globally, a pause while typing the amount for the transaction as I assess how amped I want to get while watching the game. Under nearly every imaginable scenario the 2 minute limit is going to be a difficult target if it is something the software enforces rather than a suggestion that people pay in a timely manner.

The 2 minute deadline is not enforced to the second. For example, if your bet comes in 2 minutes and 30 seconds after, no problem.  Smiley

Cool, I sent a PM with the details related to the bet I wanted to place.
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