Do I understand this correctly? I can register, add funds using PayPal, send those USD funds to someone else, and they can withdraw those funds as Bitcoins (or Mt. Gox USD)? |
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Major new pieces of software or services of interest to all BitCoiners are currently announced in the discuss or development sections. It's easy to miss them there and they get drowned out by other chat.
A section specifically for announcements of global interest would be good. Examples of things that'd be appropriate:
Most days now there are north of 2,000 posts each. So +1, or I vote YEA, or "Bump", or pretty please, or is bounty needed, or ? |
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Saturday, May 28th, 2011- Article / Blog post:
Bitcoin top 100 ‘Rich List’ 27th May 2011 on The Bitcoin Report
Not only is each bitcoin worth over eight times (relative to the dollar) since the last time the Rich List was published, the number of bitcoins needed to even get on the list has increased.
- http://bit.ly/jA6sKw - Ending soon:
Over 200 Bitcoin-related domain names are being offered for sale. Bidding is (was ?) to end “towards the end of May”.
“SatoshiNakamoto.com highest bid: 4.49 BTC”.
- http://bitcoindomains.blogspot.com - New tool: Dot-bit domain cost calculator
Shows how many namecoins are needed to purchase a .bit domain registration.
Eight hundred domain names have been registered thus far, about a third of them in the past week.
- http://dot-bit.org/tools/domainCost.php
- http://webpagedeveloper.me/name_scan.php (list of the first 500 names)
- http://dot-bit.org/HowToBuyNamecoins (miners trading namecoins for bitcoins) - Announcement:
BitLotto reduces ticket fee for monthly lottery to 0.25 BTC beginning with July 6th Draw.
For wagers towards the June 1st draw the only valid amount remains 1.0 BTC. The blockchain shows those wagers and indicates that the lottery payout will be worth over $1,000 USD. Note: All wagering for BitLotto must sent only from a local Bitcoin client (i.e., not from an EWallet provider).
- http://www.bitlotto.com (local restrictions apply) - Article / Blog post:
A Bitcoin Lesson, From a School’s System Administrator by Ryan Broderick on Motherboard.tv
“[Bitcoin is] one of those things that was created but now exists independently of its creators. They can’t say, “oh we don’t like this” and shut it off. There is nothing to shut off.”
“Say everyone stopped using Bitcoin but I had Bitcoins and you had Bitcoins. We could be the only people using the software online and I could still send them to you.”
- http://bit.ly/lCMCoj
Have a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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There are a number of bitcoiners who have listed their services on the Freelancers category in the Bitcoin Wiki: - http://en.bitcoin.it/wiki/Category:Freelancers Freelancers can also register on Bitcoiners: - http://www.bitcoiners.org For example, freelancers who offer programming services: http://www.bitcoiners.org/jobs/programmingThere are a few startups involved in matching up those who wish to do task work and those needing assistance. One promising development is Zaarly: - http://www.zaarly.comAnother very interesting project is CoffeeAndPower.com, from the co-founder of Second Life: - http://beta.coffeeandpower.com They even have their own currency, C$, which can be used for transactions, purchased through the site with PayPal, redeemed to the site with payment redeemed via PayPal (less 15% fee), or traded person-to-person for bitcoins (yes, I've asked, they are fine with it.). |
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I tried to purchase bitbills through the MyBitcoin merchant service. Followed the instructions precisely, but got a message saying "Payment failed". BTC was sent, merchat didn't get the BTC or confirmation and MyBitcoin doesn't reply to support messages.
Did you pay using the "Pay with Bitcoin" button or with the "Pay With a MyBitcoin Account" button? If you used the "Pay with Bitcoin" option and sent bitcoins then does the transaction show up in: - http://BlockExplorer.com ? If not, is it a low priority transaction stuck waiting for a miner to include it? - http://bitcoincharts.com/bitcoinDid you get the dispute resolved? The MyBitcoin service does have a messaging system. Have you tried that yet? - http://www.mybitcoin.com/contact-us.php |
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So I send my wishlist of items to you and you provide a quote? Can you at least share how you calculate the number that goes in the quote? I have 100% feedback on both eBay and OCN. You can check it out on the website. How about a GPG rating on the OTC WoT used frequently with #bitcoin-otc ? http://bitcoin-otc.com/trust.phpWill you allow me to set up a ClearCoin escrow, and then when the items are received and then release the coins to you? (assuming my trust rating in the GPG WoT is acceptable to you?) http://www.clearcoin.com |
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Friday, May 27th, 2011- Article / Blog post:
Bitcoin is Worse is Better by gwern on Bitcoin Weekly
“Bitcoin is a perfect example of Worse is Better. It seems to work. Just like Unix. Unix spread, networked, survived - and the rest did not.”
“Bitcoin tends to turn people into marketers because they feel they have something to gain. Bitcoin’s greatest virtue is not its deflation, nor its microtransactions, but its viral distributed nature.”
- http://bitcoinweekly.com/articles/bitcoin-is-worse-is-better - Article / Blog post:
eG8 and Internet Control Points by Simon Phipps on ComputerWorldUK
“[The Dot-BIT/Namecoin project], based on the distributed online currency system Bitcoin, aims to implement a secure DNS that has no points of control. We need this sort of distributed infrastructure so that the control points simply aren’t there to be abused.”
- http://blogs.computerworlduk.com/simon-says/2011/05/decentralising-the-web/index.htm
- http://dot-bit.org - Article / Blog post:
Cincinnati’s Hive13 Hackerspace adds Bitcoin Local Exchange on Bitcoin Money
“During the Tuesday meetings attendees can trade cash for bitcoins.”
“There are hundreds of hackerspaces globally. Hopefully more will follow Hive13’s lead.”
- http://www.bitcoinmoney.com/post/5894406565
Have a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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Should anyone wish to record audio in Portugese (or any language), the video is available with no voice and the music and sound effects are kept separate: - http://www.weusecoins.com/materials.php |
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This BitcoinDays Destroyed number still doesn't provide a perfect picture, it is just a much better measure than looking at raw spending totals. Here's an example: 1. Someone who mined 50 bitcoins exactly one year ago spends them.
Consider a slight variation on that ... example 5: 5. Someone who mined 50 bitcoins exactly one year ago spends 1 BTC. In Case 5 only 1 BTC was spent and 49 BTC was returned as change. There would still be 18,250 Bitcoin-days destroyed, even though the coins representing all but 365 of those Bitcoin-days remained in the same wallet. |
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Thursday, May 26th, 2011- Article / Blog post:
This Non-Fiat Currency Is Up Over 1,000% by Jeff Berwick on Resource Investor
”Gresham’s law is driving me and I assume many of the others”.
- http://bit.ly/ioN9QO - Markets - Unusual trading activity for BTC/SLL on VirWoX
Bitcoins were being bought using Lindens, the currency in the virtual world Second Life at an abnormally high price at a very rapid pace for several hours on Thursday. The activity appears to have been responsible for the USD/SLL being taken down nearly 10% for at least some period of time as well.
- http://www.virwox.com
- http://bit.ly/m2mxSa - Mining: New software
gpu-watch: dynamic GPU temperature monitoring and fan control
A script that will monitor all GPUs in a machine and control fan speed accordingly.
- http://forum.bitcoin.org/index.php?topic=10062.0 - Newest version of Bitcoin client nearing completion, v0.3.22
The upcoming release is currently in final testing (release candidate 5 is out)
Features include:
- Remove ‘generate coins’ option from GUI and remove 4-way miner.
- Add -port option for P2P port.
- minimum TX fee reduced to 0.0005 BTC (Fee in GUI remains at 0.01 BTC until next release though)
- Bug fixes, source tree reorg and more.
- http://forum.bitcoin.org/index.php?topic=8894.0 - Article / Blog post:
The relationship between bitcoin price and difficulty by nanotube on Virtually Shocking
“The primary effect, however, is the high price drawing new miners in, rather than new mining capacity drawing the buyers in”.
- http://bit.ly/in2jra - s3052’s Bitcoin Market Technical Analysis:
“The BTC/USD market shows a beautiful technical strength, far stronger than any other financial market over the past years”.
“As long as the $7.80 - $8.20 range holds, [the $10] level is in the cards”.
- http://bit.ly/leg3LL - Article / Blog post:
Should OpenSim Use Bitcoin As Its Virtual Currency? on New World Notes
“OpenSimulator is an open source, peer-to-peer virtual world technology with a huge hurdle of its own: There’s no universal currency with which to buy virtual content”.
- http://nwn.blogs.com/nwn/2011/05/should-opensim-use-bitcoin-as-its-virtual-currency.html - Article / Blog post:
Difficulty adjusts to 434,877, a 78% increase on Bitcoin Miner
“Another wildcard is the introduction of browser-based webCL miners”.
“The rising exchange rate enables miners to continue investing in additional capacity and still stay one step ahead the difficulty avalanche.”
- http://www.bitcoinminer.com/post/5872990977 - Press:
Fox’s Freedom Watch show finds Bitcoin as #1 requested topic suggestion for upcoming show
This would be the first exposure for Bitcoin on any major television media.
- http://freedomwatch.uservoice.com/forums/16625-freedom-watch-show-ideas - Podcast:
Girls Out Loud Episode 34 by Maya Grinberg and Cristina Cordova on GirlsOutLoud.com
“When I go to Vegas, I do not like to gamble. When something like this comes up? I’m totally down. I don’t feel like the house has an edge on me, because there is no house.” Starts at 31:45.
- http://bit.ly/lmCN30
- http://girlsoutloudshow.com/wp-content/podcasts/gols_034.mp3 - Article / Blog post:
Panic (buying) at BitDisco on Bitcoin Money
“There are a few characteristics that make bitcoin trading unique. […] When these situations combine and occur together the end result is likely a frustrated buyer. The result is a buying frenzy”.
- http://www.bitcoinmoney.com/post/5865616397 - Article / Blog post:
Bitcoin Exchange Announces Plans To Offer Margin Trading on Bitcoin Money
”Margin trading may bring risks to the exchange […]”.
“The exchange’s operator has stated that testing [of the trading system and its risk management algorithms] involves simulations to ensure that the customer’s funds are 100% safe.”
- http://www.bitcoinmoney.com/post/5856849119
Have a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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Wednesday, May 25th, 2011- Bitcoin exchange rate: Intraday spike to $9.33, record high
Record volume on bitcoin’s leading exchange, Mt. Gox, in dollar terms with over $0.5M USD traded in a 24 hour period.
- http://bit.ly/ixYf86 - Bitcoin History: Anniversary of Laszlo’s 10,000 BTC Pizza - March 22, 2010
Earlier this week was the one-year anniversary of one of the first real-world transactions involving bitcoins. You’ve come a long way, Bitcoin!
- http://en.bitcoin.it/wiki/History
- http://www.bitcoinmoney.com/post/3109720916 - Infographic:
What is Bitcoin? [Infographic] by Sean McColgan on Money Saving Blog
Asks “Can Bitcoin change finance the way the web changed publishing?”
- http://www.promotionalcodes.org.uk/26970/what-is-bitcoin - Bitcoin Wiki Trade page (merchant directory) gets censored further
”Then they came for the gambling, and I didn’t speak out because I don’t place wagers.”
Following the April censorship moves which removed references to The Silk Road Anonymous Marketplace, this latest purging targeted links to online gambling websites.
Even with the removal of gambling sites the page has become unwieldy — as wiki pages were not designed for this purpose.
- http://en.bitcoin.it/wiki/Trade
- http://forum.bitcoin.org/index.php?topic=9770.0
Have a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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Tuesday, May 24th, 2011- Article / Blog post:
No One Sends Bitcoins on Ironwolf blog
“The idea that Bitcoins are ‘sent’ from one person to another like conventional money [is wrong]”.
“It looks like something has been “sent,” but this is just a useful fiction”.
- http://ironwolf.dangerousgames.com/blog/archives/1105 - Article / Blog post:
What Bitcoin Is, and Why It Matters by Tom Simonite in MIT’s Technology Review
“Even limited success could allow Bitcoin to change the fate of more established currencies. ‘Competition is good, even between currencies—perhaps the example of Bitcoin could influence the behavior of the Federal Reserve’”.
- http://www.technologyreview.com/computing/37619 - Business:
Bitcoin exchange Mt. Gox adds Australian AUD bank direct deposit (BPay) funding method.
Fee is AU$2 per-deposit. Funds are converted to USD at the current rate. Transfers take one business day.
- http://mtgox.com/users/addFunds - Press:
What are Bitcoins? on NPR’s All Things Considered radio program
Slates’s economic and business reporter Annie Lowrey explains the basics of Bitcoin.
- http://www.npr.org/2011/05/24/136620231/what-are-bitcoins - Update on @TheRealPlato’s #BitcoinRoadTrip: (Denver, CO)
Travel in some less populated regions meant that Plato has needed to use his Shell prepaid gas card which was purchased with bitcoins (incidentally, obtained from the operator or BitcoinExchange.cc).
- http://twitter.com/therealplato
- http://www.youtipit.org/t/J2937 (Plato's tipit. Donate a little for the cause.) - New website:
BitcoinExchange.cc is now online.
The Bitcoin forum member “BitcoinExchange” launched the site to improve the cashout service that has doing business since April. Previously most transactions for the service occurred online through the forum, by e-mail, by IM or by on Skype.
The service serves those wishing to redeem bitcoins or a variety of other digital currencies for payment through PayPal, ACH (direct deposit) or other online currencies or to receive e-gift cards, phone cards and other mediums of exchange.
- http://www.bitcoinexchange.cc
- http://en.bitcoin.it/wiki/BitcoinExchange_Services - Bitcoin Economy Snapshot:
1 BTC = $7.07 USD, Size: 6.32M BTC, Last 24h: 0.34M BTC in 5.7K trx, Difficulty: 244K, Forum posts/day: 2,055 Nodes: 1.8K
- http://twitter.com/bitcoineconomy - Article / Blog post:
Opportunity: Thy Name is Bitcoin by Brian Cunningham of YouTipIt
“Any conventional method solely based on Dollars/Euros would be prohibitively expensive, with numerous legal pitfalls.”
“We jumped at the opportunity to base our application on a currency as innovative and flexible as Bitcoin.”
- http://enabledidler.blogspot.com/2011/05/in-mat-cropps-excellent-article-for.html - Business: Bitcoin Solutions, LLC acquires BitcoinCashout.com
Just weeks after launch, Bitcoin Cashout, a fixed-rate exchange where bitcoins can be traded for prepaid gift cards, has been aquired.
Bitcoin Cashout offers Visa, Mastercard and American Express virtual prepaid cards.
Following PayPal’s actions, prepaid card and gift card cashout services are likely seeing brisk business.
- http://www.bitcoincashout.com
- http://en.bitcoin.it/wiki/Bitcoin_Cashout
Have a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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On the flip side of this, how can a buyer prove that he sent money to someone using a specific address? And is there even a way to send money from a specific address you own?
This was discussed here: - http://forum.bitcoin.org/?topic=4411.0 |
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