Zimbabwe perhaps, having recently abandoned the Zimbabwe Dollar?
"Bitcoin, the New Zimbabwe Dollar" would be TERRIBLE marketing. How about a nice, respectable country that is just tired of using somebody else's currency? If the value of the dollar keeps falling, there may be a lot of those in the next 20 years. How about belize? |
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Web of Trust integration? Not starting. If there is demand then we'll implement it. gigabytecoin, yes that's the one. Looking forward to it! |
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Relative to the overall population of internet users, the site's audience tends to be male; it also appeals more to childless users under the age of 45 who browse from home. i think it's calling us nerds Lol, it's surprisingly accurate I would bet. |
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I don't think the client will hold the price back, but I think changing it anytime now would be good. Maybe start by making the default client not require the fee for subcent transactions and put an option somewhere to show more precision, it isn't something everyone needs to see automatically just yet imo.
Well it will sure hold something back. Price or usefulness. As soon as 1 BTC = $25 USD... it becomes difficult to send "micro" transactions. Which is one of our specialties apparently. |
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But if you do happen to produce a valid address, the money will be sent there, and whoever owns that address will get the money, if no one owns it, the money will be "lost"; there is a small chance someone in the future will create a new address that will match that typo, in that case, that person will "find" the money.
If by "small chance" you mean that every single person on earth doing this continuously until the end of our universe is still unlikely to "find" it, then sure. So the answer is that the money truly would be "lost in transmission" then. Some sort of bitcoin purgatory if you will? |
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There are close to 7 billion people in the world and only 21 million BTC that will ever exist. If we are going to distribute the bitcoin wealth equally amongst us, the faucet should be giving out 0.003 BTC per person.
This would probably discourage any current faucet thieves as well because the return would be about 15 times less than it is currently.
On a side note: I was just thinking the other night... Perhaps the Bitcoin client is creating an artificial ceiling of 1.00 USD parity because of it's default 0.01 minimum denominations..?
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By default a client has an option to "generate money". By solving some unmentioned mathematical problems. Which I assumed somebody had to pay something to solve, right? It spends 100% of 3.2ghz x4 (Phenom II X4 955) and in one week I got nothing. WHAT exactly is happening behind the scene if it spends 12.8 ghz every second? Does it brute some hashes to get passwords or something?
To a stranger it looks ridiculous. Generating money either devalues the total bitcoin amount vs dollar exchange rate, or it steals your money. How can you realistically "generate" money??
Generate money option looks very suspicious and it bitcoin software there is no explanation. Bitcoin is open source (I assume WITH all the parts and not something 'valuable' removed), or is a single developer uses thousands of machine to brute something?
I'd like an actual developer to reply. That would be much appreciated.
Thanks.
Did you read even one of the pages of the wiki? To a developer your questions look ridiculous, sorry, but they do. No, it is not a scam. But you just wasted a weeks worth of computational power on a futile exercise ... imagine you just decided to climb Mt. Everest on whim and after getting to base camp said "Eff this, it's impossible, I'm out!" that is the equivalent of what you just did with your attempt at bitcoin mining ... it's not easy, no such thing as free money. https://en.bitcoin.it/wiki/Main_PageReturn to Go, do not collect $200. Well put. |
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So I tried to unlock/overclock my card.
I only got as far as attempting to open CCC.exe to "unlock" it.
I attempted to open CCC.exe while mining with the poclbm gui miner on windows.
Nothing ever showed up. The miner seemed to work fine still.
So I stopped the miner, and attempted to re-open CCC.exe - every time I try to do so the Command Line version of it appears in the windows task manager but I don't see anything.
Now upon starting up the miner again my CPU is at 100% and I am getting ~3MHash/sec
I forced a few programs to close via task manager, possibly "Cypress" is being redirected to the CPU now if I turned off the wrong program?
Re-starting now... should fix the majority of the problems... but has anybody else noticed CCC.exe not working on windows 7 64 bit and do you have any idea on how to fix it?
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Done and done. Using ubuntu 10.10 now with no problems whatsoever. |
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That makes more sense. Thank you for the explanation FreeMoney! So if I am showing 94 confirmations today (~12 hours later) then that means that ~94 blocks have been hashed/solved since then?
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How does a transaction fee guarantee faster transaction times?
If I set a transaction fee of 10.00 BTC and make a transaction... don't I have to wait ~10minutes like everybody else for my block to be hashed?
What is the advantage of paying a transaction fee?
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do you want to see how is the future of bitcoin + regulations ?
see paypal ... no thanks
PayPal is a layer on top of bitcoin. Bitcoin will be a success when PayPal-BTC currency is offered alongside PayPal-USD and PayPal-EUR. Agreed. PayPal is a payment processor. Bitcoin is a currency. |
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Basically just add in an auction platform to mtgox.
Ssssshh... ...  |
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Personally I haven't noticed much of a change in the pokerstars market. Other than the fact that many americans are gone.
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The ones with 8333 at either end of the connection are.
Agreed. The others look like torrents perhaps? |
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Just sent my 0.05 BTC from the faucet to myself... it's still at 0 confirmations about 20 minutes later.
It is showing as "0/unconfirmed" on both machines.
Is this normal? Am I just waiting for the next block to be hashed?
How have you not learned this stuff yet?  http://www.bitcoinmonitor.com/It's been a while since a block was found. You will get your confirm eventually. Lol, nope! I have never sent anything to or from anybody before! Please forgive me :S It is sitting at 2 confirmations right now which is probably me and the other computer that I sent it to in the room next to me? Amazingly however, the transaction was virtually instant. I clicked "send" and it showed up on the other computer before I could switch to the RDP screen. |
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Just sent my 0.05 BTC from the faucet to myself... it's still at 0 confirmations about 20 minutes later.
It is showing as "0/unconfirmed" on both machines.
Is this normal? Am I just waiting for the next block to be hashed?
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One of PayPal's and the Banks' most popular products is "repeat billing" or "subscription payments".
Customers love it for it's ease of use and businesses love it for the constant income.
I should be able to enter a bitcoin address into my bitcoin client and pay it the exact same amount of bitcoins however often I so choose.
Imagine having all of your subscription payments easily accessible from a single program on your desktop?
Right now I have to make sure I top up my cell phone every month with my credit card through their website. I have an automatic payment setup to withdraw money from my bank account for a dedicated server I rent. I have care insurance payments that can only be dealt with via fax+phone being charged to by checking account. And I have some forum subscription payments that go through PayPal. It's a nightmare to change any of them. If I could just click "cancel subscription" or uncheck a box on my desktop to cancel a subscription I would be thrilled!!!
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Just attempted to alter my bitcoin address and the check mark went from green to nothing. Apparently the bitcoin client already protects you from such stupidity!
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I have heard rumours that a stock exchange is breaking soon. Is that it?
Is there an auction side to the website too?
No offense to you or whoever created the site. But the layout/colours seem to be a bit "off" if you ask me. I have been creating websites for the past 5+ years and one of the most important things I can tell you nowadays is that first impressions are key.
If you're investing a few hundred on a dedicated server every month + advertising, why not drop a few hundred on a graphic designer in a one time deal? It will quickly pay for itself.
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