This space is getting a little crowded. Today American Express announced Serve, a Person to Person payment network quite similar to PayPal: - Add funds via ACH, credit or debit card, or from another Serve user (P2P). - Withdraw funds via direct deposit (ACH) , check, ATM, or point of sale including cash back - Pay any other Serve user (P2P) http://www.serve.com http://www.bitcoinmoney.com/post/4165831078/amex-p2p-serve-launch
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Re: The Week In Bitcoin - Mar 21 through Mar 27, 2011. Sunday, Mar 27th, 2011- Upcoming events:
- [ACH] Payments 2011 - Austin, TX, USA - April 3-6, 2011 - http://payments.nacha.org/c/DiscoverPAYMENTS2011.cfm - Bricks + Mobile 2011 - Spertus Institute, Chicago, IL, USA - March 30, 2011 - http://www.remodista.com/bricks-mobile-2011 - 10th international epca conference - Amsterdam, April 4-6, 2011 (w/ genjix’s Bitcoin workshop on April 4th)- http://www.epcaconference.com/index.php/2011/2011/program - London Pub Crawl - April, 2001 [Date and location TBD] - http://bitcointalk.org/index.php?topic=5007.0 - Bulletin board for all Events, meetups, conferences and other events: - http://bitcointalk.org/index.php?topic=4526.0 - s3052’s Technical Analysis
Price action review over the past days: “BTC/USD is up +27% in only 3 days”. [Update: BTC/USD has retraced 50% of this.] Long term: Prices may accelerate towards $1.50-$1.70 and $2 quickly. Short term: Support levels are now the broken trendline and then $0.80. - http://blog.bitcoinwatch.com/2011/03/bitcoin-is-back-in-the-rally - The Bitcoin OTC web of trust (WoT) has surpassed the milestone of having over 100 users who have registered a GPG key. The over-the-counter market is used to buy and sell bitcoins, currencies, options and even physical items. Orders are listed in a web view of the order book and trade occurs in the #bitcoin-otc IRC channel.
- http://bitcoin-otc.com/trust.php - http://bitcoin-otc.com/viewratings.php - http://bitcoin-otc.com/vieworderbook.php - First market for exchanging bitcoins to and from the British Pound Sterling BTC/GBP has opened. Britcoin features:
- Adding and withdrawing GBP funds via bank direct deposit without incurring any fees. - http://britcoin.co.uk - http://en.bitcoin.it/wiki/Britcoin - Bitcoin Economy Snapshot:
1 BTC = $0.83 USD, Size: 5.77M BTC, Last 24h: 0.15M BTC in 2.6K trx, Difficulty: 69.0K, Forum posts/day: 683, Nodes: 1.6K http://twitter.com/bitcoineconomy - Bitcoin Watch now owned by Bitcoin Charts.
- http://bitcointalk.org/index.php?topic=5016.0 - http://www.BitcoinWatch.com On a related note, tcatm of Bitcoin Charts reported in #bitcoin-otc that there are over 400 simultaneous visitors to the BitcoinCharts.com site, many of which are on auto-refresh (every 5 seconds). Saturday, Mar 26th, 2011Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) Previous weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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There wouldn't happen to be access to the old site (read-only even) so that I could snag an old listing so I can re-list?
All data was copied over from the old site. You "should" be able to relist that auction by going to http://www.biddingpond.com/yourauctions_sold.php . If it is for some reason not there, please provide the auction number and we will get the auction data for you. All data? It looks like only auctions within the past month or so were copied over. For example, only March auctions have links: http://www.biddingpond.com/feedback.php?id=103&faction=showI wasn't expecting all the old auctions to be migrated over. EBay, for instance, drops the listing after a couple months.
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Re: The Week In Bitcoin - Mar 21 through Mar 27, 2011. Friday, Mar 25th, 2011- Bitcoin daemon “hang” problem isolated.
An issue that likely was the culprit in causing service issues for a number of bitcoin-related website appears to have been identified. A fix will be forthcoming. http://bitcointalk.org/index.php?topic=4904.0 - New Guide: How To Set Up Pooled Bitcoin Mining In Windows
Provides an overview of mining pools and instructions to get set up mining against Slush’s Bitcoin Pooled Mining service: http://www.newslobster.com/bitcoin/how-to-set-up-pooled-bitcoin-mining-in-windows - Miner software updates:
DiabloMiner 2011-03-25 updated. - Merged jwadamson’s patch that gets rid of the OSX dock icon. - http://www.bitcoinminer.com/post/4098046014 m0mchil’s Python OpenCL miner, poclbm updated - All changes were pool related. - http://www.bitcoinminer.com/post/4091959986 BitcoinPool’s poclbm-mod-03.24.2011 updated. - http://www.bitcoinminer.com/post/4097210791 - Bitcoin Economy Snapshot:
1 BTC = $0.88 USD, Size: 5.75M BTC, Last 24h: 0.29M BTC in 1.9K trx, Difficulty: 69.0K, Forum posts/day: 732, Nodes: 1.5K, #bitcoin http://bit.ly/gBCrrX - New features added to BiddingPond auction site.
- New layout. - Unique QR code displayed on each listing. - Auto-generated payment address (payment handling optional through BiddingPond). - Social network integration (Twitter, Facebook, etc. ) http://www.biddingpond.com http://bitcointalk.org/index.php?topic=574.msg72007#msg72007 - A Bitcoin predecessor?
COIN: a distributed accounting system for peer to peer networks [2006-2007] http://bitcointalk.org/index.php?topic=4944.0 - Network Hashing Difficulty adjusted to 68,979, a decrease by about 10%. Difficulty only decreased once before (May 19, 2010).
http://bit.ly/fHZbQ3 - MtGox Exchange - Euro transfers are now free.
http://twitter.com/#!/MtGox/status/51213844948860928 Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.comPrevious weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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There was a guest post on ZeroHedge: Thoughts On The Liberty Dollar DebacleToday, in the face of possibly the greatest economic catastrophe in the history of the world, Americans are beginning to show an aptitude for independence. We are becoming unpredictable, and this frightens government.
They are moving to call us terrorists, because they truly are terrified of alternative market systems. They have tipped their hand. Which means, we must keep doing exactly what we are already doing.
- http://www.zerohedge.com/article/guest-post-thoughts-liberty-dollar-debacleAnd a quite interesting comment in response: by TraderTimm on Fri, 03/25/2011 - 19:31 #1101593 May I suggest bitcoin? http://www.bitcoin.org/Advantages: - Encrypted transactions
- Peer-to-Peer Robustness
- Incentive for 'miners' to process transactions and raise the complexity level where organized attack is prohibitive. (Using botnets, etc..)
- Route around Central Bank, Federal Reserve, Political Policy bungling
- No arbitrary limits or 'minimums' - divisible to fractions if necessary
- Geometric curve which limits total 'minted' - limit to be hit in about 130 years at current rate
- Transparency via the blockchain for transactions to be verified
- One-way transactions - you cannot spend bitcoins again and again (nor can you 'print' them by any means)
That about covers it. I hold a small amount of bitcoins and that is the extent of my involvement. Route around manipulated fiat currency like a defective node on the internet. Other links: Charts - http://mtgox.com/trade/history (click 'last' or 'all time') http://bitcoincharts.com/charts/Don't like the federal reserve? Don't like central banks? Do something about it. Cheers. - http://www.zerohedge.com/article/guest-post-thoughts-liberty-dollar-debacle#comment-1101593
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There wouldn't happen to be access to the old site (read-only even) so that I could snag an old listing so I can re-list?
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COIN: a distributed accounting system for peer to peer networks Fabio Varesano from Torino, Italy writes: The main part of the project was the designing of an accounting protocol for a P2P network. I based my work on Pastry and David Hausheer's PeerMint.
The second part of the project was implementing the P2P accounting protocol. This has been done using FreePastry,
From #bitcoin-dev: 13:11 fax8 hi guys, I just discovered the bitcoin project.. some years ago I developed something pretty similar for my thesis.. details at http://bit.ly/fyuTRr13:12 fax8 I'd like to know if you were aware of my work, and if you used something from that? 13:17 fax8 molecular: actually, there's was a lot of literature on decentralized accouting system even at that time 13:27 fax8 thank you, I'll surely get in touch with them. we do have a quite strong research group on p2p, may be cool to start collaborating.. - http://veritas.maximilianeum.ch/bitcoin/irc/logs/2011/03/25#l1439
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Re: The Week In Bitcoin - Mar 21 through Mar 27, 2011. Thursday, Mar 24th, 2011- New sites and other content:
Bitcoin wiki article: Myths The recent influx of new visitors from the slashdotting renewed the need for an update to the Myths article in the Wiki. Here’s an example: Myth: Early adopters are unfairly rewarded. The vast majority of the 21 million Bitcoins still have not been distributed. By starting to mine or acquire Bitcoins today, you too can become an early adopter. - http://en.bitcoin.it/wiki/Myths - s3052’s Technical Analysis
Long Term: “The decline from the 1.1 $ high looks only corrective (a-b-c). This is a good argument for the longterm bulls.” Short Term: “Next resistances are $0.90 (very weak), $0.95 (strong), $1.00 (medium), $1.10 (strong).” - http://www.forexfactory.com/showthread.php?p=4497563#post4497563 - “Quick alert” (mid-day)
“Today, the 2 months downtrend line has been broken to the upside.” - http://bitcointalk.org/index.php?topic=1493.msg71455#msg71455 - BTCMine - offers incentive to miners, 5 BTC bonus to miner responsible for solving every 5th block:
- http://twitter.com/#!/btcmine/status/50920930322546688 Wednesday, Mar 23rd, 2011- s3052 describes “curve filling” and why the jump up in the USD/BTC market exchange rate was no big deal.
http://bitcointalk.org/index.php?topic=4795.msg70824#msg70824 - Press: Mentions in HackerNews, Reddit, Slashdot, DailyPaul, and more.
Bitcoin.org website “slashdotted”, meaning it was not able to keep up with the amount of traffic. Traffic to the homepage was directed to the Bitcoin wiki. Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.comPrevious weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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I understand how bitcoin works but I'm finding it very hard to explain. It's so frustrating because when you mention "Digital Currency" to someone, you've got about 3 minutes to convince them it's not mickey mouse before they start wishing they were dead.
http://en.wikipedia.org/wiki/Disney_dollarMaybe Mickey Mouse is an approach to start with. Here you have a piece of paper marked with ink and sprinkled with glitter. If you take these to a Disney Theme Park in the U.S. you can use them to make purchases or to convert them at 1:1 of the denomination's face value for U.S. dollars. These Disney Dollars are not representative currency. This is a private currency, backed by the trust that Walt Disney Company will accept them. However, these bills are used as novelty gifts or collectors items, and will often trade (on eBay, for example) over face value. The true worth of these then is simply the amount that someone else is willing to pay to buy them. Maybe that's a good way to start your explanation?
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So everybody wants to save their bitcoins instead of spending them, because the value is increasing
When I buy gas, I use the gas station where I pay cash and pay about $0.10 or so less per gallon that at a gas station where I can buy using credit. The merchant that accepts credit loses between 1.5% and 3% of the sale amount to payment network charges. If given the option of paying for my purchase using bitcoins at a price that is 2% less than the visa/mc/paypal price, ... I'm going to pay with bitcoins. That 2% is recognized immediately. Generally, I will restock my wallet for with more bitcoins, based on my bitcoin spending needs.
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I'm looking for someone who can buy a $25 prepaid Virgin Mobile Canada card
[...]
This could be a recurring thing in the future if things go well
I was buying prepaid mobile cards using bitcoins for a short while. I posted a gig on gigs.witcoin.com with more info. From what I understand how it works is that anyone motivated enough to jump through whatever hoops they have can earn points and convert those points into prepaid mobile cards. Those cards can then, in turn, be traded for bitcoins here on this Marketpalce subforum or on #bitcoin-otcMore of the details for the gig is posted here: http://gigs.witcoin.com/p/640
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Re: The Week In Bitcoin - Mar 21 through Mar 27, 2011. Tuesday, Mar 22nd, 2011- Event: Using Technology To Advance Liberty presentation.
Will be presented online, Sunday, March 27th, 2011 at 2:00PM EST. - Presentation sneak peek: http://bit.ly/ijdKGn (pdf) - http://bitcointalk.org/index.php?topic=4792.msg70038#msg70038 - s3052’s Technical Analysis Mini Update:
Longterm: RALLY Short-term: RALLY has been re-ignited. Next resistances: $0.88-$0.90. - http://bitcointalk.org/index.php?topic=1493.msg70024#msg70024 - Video: What is Bitcoin, from @JustMoon
Excellent animated video introduction to Bitcoin. - http://www.youtube.com/watch?v=Um63OQz3bjo - http://www.bitcoinmoney.com/post/4032796289 The animated video was created in response to a very sizable bounty offer. If the video’s producer is awarded most or all of the entire bounty, that payment will represent the largest known payment in exchange for services to-date. - http://bitcointalk.org/index.php?topic=697.0 - Bitcoin Economy Snapshot:
1 BTC = $0.78 USD, Size: 5.73M BTC, Last 24h: 0.20M BTC in 2.2K trx, Difficulty: 76.2K, Forum posts/day: 616, Nodes: 1.5K, #bitcoin - http://bit.ly/giys0m - Bitcoin Open Source - One Stop Shopping.
Over twenty Free/Open Source Software projects are in this new repository. - http://gitorious.org/bitcoin - http://luke.dashjr.org/programs/bitcoin (BitGit) - http://en.bitcoin.it/wiki/Category:Open_Source - The number of unconfirmed transactions queued had exceeded 2,000 transactions with some having been first queued for more than 24 hours.
- Temporary workaround: Some mining pools accepting free transactions. - Fix will come with Bitcoin v0.3.21 (which includes “limitfreerelay”). - http://bitcoincharts.com/bitcoin - New sites and other content:
Bitcoin Wiki: - New article: Why pooled mining - An analysis of the costs/benefits of pooled mining. - http://en.bitcoin.it/wiki/Why_pooled_mining - New article: Infrastructure - Describes the varying components of Bitcoin and the protocols it uses. - Composed by luke-jr. - http://en.bitcoin.it/wiki/Infrastructure - New article: LAMP developer intro - For assistance with integrating a shopping system to accept Bitcoin. - http://en.bitcoin.it/wiki/LAMP_developer_intro - Discussion: On Whirlpool Forums (Australian internet and technology forum)
Good example of the varying opinions espoused as to why Bitcoin cannot and will not succeed, yet here Bitcoin stands — after showing continued and significant growth in its traction (evidenced by number of transactions, transaction volumes, network hashing strength, depth of merchant, exchanges, mindshare, etc, etc.) - http://forums.whirlpool.net.au/forum-replies.cfm?t=1663664 - Article: BitCoins - the cryptocurrency of a free world? - Daily Paul
More insightful commentary: ”How is this any different than the fiat toilet paper the world now uses?” - http://www.dailypaul.com/160149 - Bitcoin Bounty / Pooled Donations site.
Used for proposing features for Bitcoin, donating to the feature’s bounty pool. http://bitcoin.cz.cc http://en.bitcoin.it/wiki/BT_Feature Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.comPrevious weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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What is your bitcoin address? It was Erick's question but you answered. Are you two on the same team?
Since Erick didn't respond, I'm going to assume you and he are on the same team. 15p9saNu2Y7y7zuSknbsCFWMSEdTLRDg29
Sent 1.0 BTC. Thank you for the info.
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