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7961  Bitcoin / Bitcoin Discussion / Re: Finally, a BANK is accepting Bitcoins now! on: November 11, 2011, 02:58:48 PM
Quote
created:      2003-07-19 18:39:41 UTC
modified:     2011-11-01 04:31:27 UTC
expires:      2020-07-19 18:39:41 UTC

It looks like they bought the domain from someone but did not update the records.


Searching the address comes up with nothing but scams and scam warnings, with no way to contact/find the owner.  I'll pass, thanks.  


Can you provide a link to scam warnings? I didn't find them.
7962  Bitcoin / Bitcoin Discussion / Re: Finally, a BANK is accepting Bitcoins now! on: November 11, 2011, 02:42:35 PM
Alexa Global traffic rank:

Paypal.com  34
bankofamerica.com 131
Chase.com 172
MoneyBookers.com 1,252
Westernunion.com 4,238
Visa.com 10,910
Xoom.com  15,523
OKPAY.COM  15,806
MoneyGram.com  15,968
Dwolla.com 99,429

It seems that OKPAY is worth paying attention to.

Nice work. I've used most of those. Now all I need is a bank that will take direct deposit of my payroll check and will send me Bitcoin.
7963  Bitcoin / Project Development / Re: GLBSE: MAXKEISER.bitcoinfilm - fund Max Keisers Film "European Bitcoin - Prague" on: November 11, 2011, 02:35:53 PM
I updated OP. We cracked the 40%, yay!

Do you guys think I should sell some of the BTC at this point or hope the exchange rate will go up?

Maybe they will accept payment in Bitcoin?
7964  Economy / Speculation / Re: Amazon is accepting bitcoins somewere in 2012? on: November 11, 2011, 08:52:32 AM
I broke my gullibility bone years ago in a tragic ROFLMAO accident.
7965  Other / Politics & Society / Re: Petition to Nationalize Banks on: November 11, 2011, 08:42:10 AM

The real solution is that banks issuing money should be in competition, which actually means competition of currencies (and gold, silver, bitcoin etc), which is what Ron Paul is advocating.

I'm not gonna accept anyone's funny monopoly bills. This is only really feasible with a Satoshi type client. Competing currencies would be alternate block chains, but they would run on anyone's system. The only question is what makes anyone's currency any better than Bitcoin?
7966  Economy / Speculation / Re: some large company about to invest heavily in BTC? on: November 11, 2011, 08:02:32 AM
How much Bitcoin could you theoretically buy in a day using a trading bot without making it obvious and driving up the price?
7967  Bitcoin / Bitcoin Discussion / Re: Private key QR redemption on: November 10, 2011, 11:39:46 PM
Mt. Gox Mobile 3.1 will have this feature built in.  Thank you for your patience.

Cheers,
rasengan

Excelsior!
7968  Economy / Economics / Re: Properties a crypto-currency requires in order to be self-stabilizing on: November 10, 2011, 11:37:38 PM
My recent discussion about Encoin got me wondering what properties a crypto-currency would require in order to be self-stabilizing.
What we need is millions of users and hundreds of thousands of service/product providers all willing to accept and spend the cryptocurrency. Problem solved.

Right. Speculators will compete against each other causing their fluctuation waves (or whatever trader lingo) to dampen each other. The mean value of Bitcoin will rise with its usefulness.
7969  Bitcoin / Bitcoin Discussion / Re: Private key QR redemption on: November 10, 2011, 12:57:32 PM
Maybe I'm not articulating this well. Is there anyone working on a smartphone website or app that simply asks to scan a QR code containing Bitcoin? I would like to be able to give someone a scratch-off card with bitcoin value that they can easily spend online to buy things like debit cards and gifts.
7970  Bitcoin / Bitcoin Discussion / Re: 2009 DARPA Network Challenge (finding red balloons) on: November 10, 2011, 12:26:03 PM

and what does the headline mean ?

That's a reference to the paper that posed the question. It's an analogy to the balloon experiment.
7971  Bitcoin / Bitcoin Discussion / Re: Bitcoin commercial on: November 10, 2011, 11:36:42 AM
I understand that you want to use different media to raise awareness, but tv ads are geared for impulse buying. We have a long way to go before Joe Blow is ready for Bitcoin. We still don't have very user friendly apps.

Bitcoin is visionary. I wish we could do something like these 1993 ads. http://www.youtube.com/watch?v=TZb0avfQme8
7972  Other / Off-topic / Re: How many accounts has Atlas made and why isn't he banned yet? on: November 10, 2011, 10:57:10 AM
Let's play Atlas Puked. Every time Atlas forms a logical fallacy, take a drink.
7973  Economy / Economics / Re: Properties a crypto-currency requires in order to be self-stabilizing on: November 10, 2011, 10:53:33 AM
Price is a bad word to use, at least with the encoin design. Value is more appropriate. I used the example of if 1 ENC = 1 loaf of broad, 1 ENC should always = 1 loaf of bread, assuming production costs of bread are unchanged. This initial value will be determined within the first few hundred thousand coins or so, after that everyone else must put in a similar cost to produce, or they are doing so at a loss (if they are doing so at a greater gain, and this greater gain becomes a larger percentage of the coins produced, the koomey's law competition effect will bring the cost back up).

But value is different from price because price kind of implies market price, e.g. what does 1 ENC = in USD/EUR/etc. This will change drastically over time as fiat currency inflates. If you can buy 1 loaf of bread for $2 in 2011, but a loaf of bread costs $4 in 2050, a loaf of bread should still cost 1 ENC in 2050. More fiat available for limited ENC, plus those producing ENC will want an equivalent amount of fiat value (why would I mine/sell for $2 when bread costs $4?) for their time, hardware, ROI even if electricity prices lag behind. Like I've said, it won't be perfect, but I think it can get real close.

That's a great idea. All it requires is for you to corner the entire world market on bread making.
7974  Bitcoin / Bitcoin Discussion / 2009 DARPA Network Challenge (finding red balloons) on: November 10, 2011, 10:48:18 AM
from article:
https://bitcointalk.org/index.php?topic=1958.0 https://bitcointalk.org/index.php?topic=1958.msg612898#msg612898

Quote
As the protocol is currently defined and implemented, it does not provide an incentive for
nodes to broadcast transactions they are aware of. In fact, it provides a strong incentive not to do
so.

This sounds like total BS. Bitcoin rewards and transaction fees are pretty good incentive to broadcast your transactions if you wanna get paid.
7975  Bitcoin / Bitcoin Discussion / Re: Finally visited the SilkRoad on: November 10, 2011, 03:46:32 AM
I would invest in a drugs futures market. Considering how consistently people have used drugs since before recorded history, I think it would be a very conservative bet.
I'm amazed how you americans are attracted to making money by speculation, not doing real work, such as growing and selling the drugs by yourself. In soviet union speculation was punishable even by death penality.

In Soviet Russia, drugs sell you.  Cheesy
7976  Bitcoin / Bitcoin Discussion / Private key QR redemption on: November 10, 2011, 03:43:57 AM
I'm looking for an app or web service that will allow a smartphone to scan the public/private key pair and transfer the bitcoin balance (or portion) to allow online spending. This has to be simple enough for average smartphone users to use.
7977  Economy / Marketplace / Re: SkepsiDyne Integrated Node - The Bitcoin Mining Company on: November 09, 2011, 11:14:49 PM
Good luck. You definitely have a case. All you need to do is spend tens of thousands of dollars (or more) for a legal team to investigate. Because this is a bitcoin based business, it may be difficult to find precedence. It may get thrown out of court and then you'll have to start over at a higher level court. Even if you win, you will probably spend a lot of money. After many years, you may end up with a victory, but it's unlikely there will be anything to collect by then. Been there, done that.
7978  Other / Beginners & Help / Re: Looking to buy bitcoins on: November 09, 2011, 10:17:27 PM
On Virwox you can only buy whole Bitcoins. No bitcents. There are multiple exchanges done, so there are multiple fees as well. Overall, the markup is high, but the turnaround time is faster than Dwolla/MtGox.
7979  Other / Politics & Society / Re: The Myth of Compromise on: November 09, 2011, 09:41:59 PM
Back to circular reasoning. Back to the ignore bin until the next incarnation.
7980  Other / Politics & Society / Re: The Myth of Compromise on: November 09, 2011, 09:29:57 PM


No, this scenario is an ad hominem to the main argument at hand.

She was forced to pay into it. Any reasonable person would take back what was stolen from them.


Nobody forced her to leave Russia and move to socialist America. lol
When Bolsheviks continued to cease her family's businesses and degrade their rights, they sure did.

Mexico is a lovely climate. So is Italy. There are dozens of other countries she could have chosen. America just happens to be the land of opportunists.
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