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81  Economy / Service Discussion / Re: Why Ripple™ is against everything Bitcoin on: May 15, 2013, 03:47:29 AM
bank is against everything gold.
82  Economy / Service Discussion / Re: In reality, it may be cheaper not using Dwolla on: May 15, 2013, 03:46:48 AM
seems that the market doesn't care too much.
83  Bitcoin / Project Development / Re: [WANTED] Wallet developer(s) on: May 15, 2013, 02:08:33 AM
I'm looking for developers interested in creating new wallet software, initially for PC/Mac, and possibly for mobile and browser.

This project is for those interested in making a Bitcoin wallet more friendly to use for non tech users, whilst retaining a decent level of security.

I'm looking for one or more engineers who fully understand the technology, the core aim, and who could be part of a start-up if it became appropriate. Distributed development is expected and spare-time dev is no problem at this point. The project is at the concept stage only - I will only move it forwards with the right partners.

My background is game development and I work on Eufloria; I also have a small game related Bitcoin project due out shortly. My interest is on user-centric approaches.

Requirements: Good English and communication skills, solid engineering background in relevant languages/platforms, passionate about the concept, security aware.


support you!
84  Bitcoin / Bitcoin Discussion / Re: why invest in open coin? on: May 15, 2013, 02:03:33 AM
Google ventures and Andean Horowitz among others are investing in open coin.

 any idea how they expect to make any money on that investment?

 are they being promised xrp?

what is this company?

News confirmed. Li Feng is one of my best friends.

------------

Gold is not published by any centralized organization, just as is bitcoin (what gold is different from bitcoin is that gold is in fact unlimited). In this way, I think bitcoin is gold 2.0.

But with only gold and without bank, without note, the economy is constrained. That's why we need some center in a decentralized world.

I think most people tend to swing from one extreme to another.

In fact, a decentralized world with many power limited centers is ideal.
85  Bitcoin / Bitcoin Discussion / Re: What I saw in bitcoin 2 years ago on: May 14, 2013, 03:45:52 AM
laws... traditional laws are hardly practical in virtual worlds. Try to observe the status quo: did laws successfully prevent the bittorrent file sharing?
true, but Bankers have a lot more power than the music industry.

... which is the very reason why we deem it as a true revolution.
86  Bitcoin / Project Development / Re: A Bitcoin Business Foundation on: May 13, 2013, 05:42:10 AM
In fact, I have a foundation currently active offline in beijing.

I found a fact that most developers need less money (fiat or btc) than proper ideas.

A reliable bitcoin related business needs several factors combined:

Trust worthy (which is the hardest to find)
Competent (in a specific area)
Well-rounded (cross-demain knowledges)
With faith to bitcoin (speculators are dangerous)

Conclusion? Merely a foundation is not of solution.
87  Bitcoin / Bitcoin Discussion / Re: What I saw in bitcoin 2 years ago on: May 12, 2013, 04:29:55 PM
Once the bankers pay the politicians to make laws that anyone caught using bitcoin is summarily executed, then bitcoin will not be very successful.

laws... traditional laws are hardly practical in virtual worlds. Try to observe the status quo: did laws successfully prevent the bittorrent file sharing?
88  Bitcoin / Project Development / Re: Do we need a bitcoin edition of hackernews ? on: May 12, 2013, 08:26:29 AM
reddit has a reward system for authors, translators, and sharers?
89  Bitcoin / Project Development / Do we need a bitcoin edition of hackernews ? on: May 12, 2013, 08:19:02 AM
Hackernews ( https://news.ycombinator.com ) is a clean solution for aggregating, rating, updating news.

Do we need a bitcoin edition of hackernews?

If we do need this, on the top of a hackernews clone, I want to establish a donating mechanism to reward authors, translators, sharers, which will guarantee the quality of materials.

Every story should assign an wallet address to receive donations from readers.
* Platform gets 10%
* the sharer gets 10%
* the translator gets 30%
* the author gets the rest.

and a system to reward submitters by the quality of stories they submit, and punish plagiarism.

I'm working on it. hope it could be online within two weeks.

any suggestion?
90  Bitcoin / Bitcoin Discussion / Bitcoin and Trust on: May 12, 2013, 03:43:08 AM
People are always hesitate to fully accept bitcoin because of lack of trust.

Ripple tries to solve this by developing a p2p IOU mechanism. (..., which seems to me an immature solution).

However, it is often neglected that a trust involves two parts: trust between users and bitcoin, or trust among bitcoin users..

As for trust between users and their preferred currency, no solution is better than bitcoin. Bitcoin solved the problem of "double spending" by creating a universal account book (block) with p2p network, by which books, coins, transactions are all unable to counterfeit. No currency in the history does that. Therefore, bitcoin is now perhaps the single currency that users can absolutely trust.

What is uncomfortable is the trust among currency users, which, in my opinion, is in fact out of realm of technology. No technology can force a fraud to be a honest individual, or vice versa. For centuries, people have been trying to solve this problem, by building bank, issuing credit cards, and only end up to little.

In a word, people just blame bitcoin with a flaw that doesn't belong to bitcoin at all.

However, there is a possible solution: time. One day, when there're enough users who openly use bitcoin with their true identities and do not care about alleged "anonymity of bitcoin", trust would be prevalent.
91  Bitcoin / Bitcoin Discussion / Re: What is the best country to start an exchange in? on: May 12, 2013, 03:29:11 AM
Japan.
92  Bitcoin / Project Development / Re: IDEA: a service that bind bitcoin receiving addresses to your email... on: May 12, 2013, 03:12:57 AM
This has been done so many times, and have failed cause the users don't know how to handle a trust-less system.

essentially I think namecoin is nearest solution for this purpose.
93  Bitcoin / Project Development / Re: How much would it cost to create a new exchange? on: May 12, 2013, 01:32:24 AM
I am not computer savvy in regards to programming or setting up servers etc. If one were to buy all the equipment and software, hardware etc? How much would something like this cost to set up a Bitcoin exchange better than Mt Gox?

Servers are the least expensive things as usual. A rough estimate for a serious exchange could look like this:

Software development or purchase of out-of-the box product + customization: 100k-200k USD
Servers: around 20k USD should be enough + Xk USD that you want to spend on DDOS protection, X can be as large as you want and still won't give you 100% DDOS resistance.
Initial legal costs: 10K USD-100K USD (heavily depends on jurisdiction)


 Cry

what bitcoin-related startups need least is fiat money.

to OP: if you cannot develop by yourself, then don't try a bitcoin-related startup, because by doing so you give others opportunities to cheat you. Don't testing people.
94  Bitcoin / Bitcoin Discussion / What I saw in bitcoin 2 years ago on: May 11, 2013, 02:57:49 PM
I saw a chance that we could end tyrannies.

Around 210 A.C, in the East, a tyranny, Qin Shi Huang ( http://en.wikipedia.org/wiki/Qin_Shi_Huangdi ) made two move:

1. Burning of books and burying of scholars ( http://en.wikipedia.org/wiki/Burning_of_books_and_burying_of_scholars )
2. Standardizing the Chinese units of measurements, including the currency. ( http://en.wikipedia.org/wiki/Qin_Shi_Huangdi#Economy )

Qin Shi Huang was perhaps the foremost ancestor of all tyrannies.

The development of the Internet has already broken through the information control to a largest extent. Until the emergence of the bitcoin, monetary restriction is the last weapon that a tyranny holds. But a p2p distributed currency may well render that weapon to be no longer in force.    

At first, bitcoin was merely an idea, proposed by an anonymous and well-gifted programmer, but soon it became an implementing social experiment ($1), and now bitcoin is becoming a social practice participated by many.

I'd like to see in the future bitcoin as de facto.
95  Economy / Service Discussion / Re: Why Ripple™ is against everything Bitcoin on: May 11, 2013, 02:23:29 PM
I think we need more time to see the reactions of the reality.
96  Bitcoin / Project Development / Re: IDEA: a service that bind bitcoin receiving addresses to your email... on: May 11, 2013, 12:05:42 PM
I feel like a smart enough wallet client could solve this problem entirely, using many of the above suggestions -- most importantly crypto
I'm a dev... I'll think on whether or not I could make something that works for this purpose.

If you embed this feature into a wallet client, that means the feature is only available to a portion of bitcoin users, which is a limit...
97  Bitcoin / Project Development / Re: IDEA: a service that bind bitcoin receiving addresses to your email... on: May 10, 2013, 11:07:32 AM
We need a service like a DNS, where a bitcoin client makes a request for the mail address "name@domain.com" and the service responses the Bitcoin address.

But the response must be signed or something like that, to avoid (man-in-the-middle)attacks of the service.

works like namecoin?
98  Bitcoin / Project Development / Re: Creating a profitable website, how to do it without anything except the idea ? on: May 09, 2013, 03:32:10 PM
The idea is worth little. It's all about execution.

If you want to sell something, try openbitcoinstore.com, it's free. You can fail or succeed without spending any bitcoin. HAve an idea, sell it. Takes 30 seconds to launch a free store.

Yeap. Ideas are cheap.
99  Bitcoin / Project Development / IDEA: a service that bind bitcoin receiving addresses to your email... on: May 09, 2013, 03:03:28 PM
I confront a difficulty when I initiated the charity donation for Lushan Earthquake (https://bitcointalk.org/index.php?topic=181336): somebody reposted the text and replaced the receiving address with his own.

It's not the first time it occurred to me. I've once posted a receiving address in one of my article, which was quite popular, however, I lost that wallet, while the post were being reposted all the time.

Therefore, I want a service that can bind my bitcoin receiving address to my email address, which is almost "permanent" to me. With this service, I might change the bitcoin receiving address, but for others, what they only need to do is to send bitcoin to my email address.

Is this useful to you? If the idea is viable, I'll try to make it.

Thanks for your suggestions.

100  Local / 中文 (Chinese) / Re: 如果2017币挖完了 on: May 08, 2013, 07:29:43 PM
到时候币值会涨的……不能拿现在的价格计算那时候的收益哦。这问题两年前大伙就担心了。
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