If someone wanted to attack the network, they could send a large number of very small transactions since the cost to do so is small. There is code in the client to guard against this.
Are you referring to the "limitfreerelay", which is planned to be in the next release (Bitcoin v0.3.21)? http://bitcointalk.org/index.php?topic=4009.0 |
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JPMorgan Chase & Co. (JPM) will stop offering debit-card rewards for almost all of its customers in July The Fed proposed capping debit-interchange fees at a flat 12 cents a transaction in December, compared with the current formula that averages 1.14 percent of the purchase price or about 44 cents. http://www.bloomberg.com/news/2011-03-21/jpmorgan-will-cease-debit-card-rewards-program-because-of-proposed-fee-cap.htmlPNC Bank and U.S. Bancorp also have rolled back some perks. This will be beneficial for alternate payments, including Bitcoin, as the rewards were seen as one way that debit cards stood out over paying with cash or check. |
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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, 2011Friday, 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
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.
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
Monday Mar 21th, 2011- Plato’s Journey: Bitcoins or bust!
Armed with a laptop and tethered 3G service, Plato will be chronicling his adventure as he heads east to west using only bitcoins as payment for expenses.
Stops along the way will be made to speak at universities, libraries, and other venues to discuss the Bitcoin project.
http://bitcointalk.org/index.php?topic=4752.0 - Article: Bowling for Bitcoins: Meet the Trader 03 - The Bitcoin Bulletin
Episode 03: Michael Hendrix of CoinPal and Coincard.
“[First started with Bitcoin by] writing a market maker bot for Mt. Gox. That asymmetry (more buying than selling) made it nearly impossible to be a market maker”.
“At the moment, CoinCard volumes exceed CoinPal volumes.”
- http://www.bitcoinbulletin.com/2011/03/21/bowling-for-bitcoins-meet-the-trader-03 - Upcoming events:
Agora I/O “Etienne”, Online conference, March 25-27, 2011
- http://agora.io/etienne/schedule
- http://bitcointalk.org/index.php?topic=4526.msg68193#msg68193
Bricks + Mobile 2011, Chicago, IL, USA, March 30, 2011
- http://www.remodista.com/bricks-mobile-2011
- http://bitcointalk.org/index.php?topic=4526.msg67009#msg67009
Payments 2011 [ACH], Austin, TX, USA, April 3-6, 2011
- http://payments.nacha.org/c/DiscoverPAYMENTS2011.cfm
- http://bitcointalk.org/index.php?topic=4526.msg66307#msg66307 - s3052’s Technical Analysis:
“BTC/USD is down -36% from the high. The bears are in still in control.”
Short term:
- 3 alternate scenarios for the coming days and weeks:
- Highest likelihood - BTC/USD has finished or will finish the consolidation at around the 0.7 $ level very soon.
http://www.forexfactory.com/showthread.php?p=4487523#post4487523 - Miner update - poclbm-gui-20110321
Update from kiv: self-extracting archive, improved shares status display, token-based pools balance checks, other bug fixes.
http://bitcointalk.org/index.php?topic=3878.msg55160#msg55160
http://www.bitcoinminer.com/post/4002359117 - tcatm’s Unconfirmed Transactions page receives a fix.
Transactions that have been confirmed will no longer erroneously show.
There are hundreds and hundreds of these unconfirmed transactions.
http://bitcointalk.org/index.php?topic=4143.msg68759#msg68759
http://bitcoincharts.com/bitcoin - jgarzik’s CPUMiner v0.8 released.
Includes long polling (beta), syslog support, and new command line options.
http://bitcointalk.org/index.php?topic=1925.msg24217#msg24217
http://www.bitcoinminer.com/post/4001054157
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: @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 at this time over 2,000 unconfirmed transactions queued, some more than 24 hours old. http://bitcoincharts.com/bitcoinIs this the end of the road for having a free ewallet provider (e.g., MyBitcoin) due to the end of the "free transactions" era? |
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It includes MinGW (the compiler and support libraries), MSYS (the Minimal SYStem which is used to build several of the dependencies) and all the dependencies for building bitcoin (their original source tree, pre-built).
The full list of folders: - wxWidgets-2.9.1-mgw
- openssl-1.0.0c-mgw
- msys
- MinGW32
- Git
- db-4.7.25.NC-mgw
- boost-jam-3.1.18-1-ntx86
- boost-1.43.0-mgw
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If you'ld consider a passenger (or passengers) for segments of the trip, there are rideshare directories: might help defray the cost a bit without making things too much more complicated. |
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hey guys I want to implement a "donate with bitcoin" button into my site. what is the current most easy-for-user way of doing this?
Here's a related thread: http://bitcointalk.org/index.php?topic=3978.msg56985#msg56985If you are looking for a tipping system, similar to flattr, you might consider adding a YouTipIt "junket" badge to your site. For example:  |
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Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011 Sunday Mar 20th, 2011- Press: Open source identity: Bitcoin technical lead Gavin Andresen - CIO Australia
”Disparate group of developers take on the established financial system”
“The goal is to grow the Bitcoin economy so it is large enough you don’t have any exchange rate dilemma – you can buy the products and services you need using Bitcoins that you earn by providing products and services that others need.”
http://www.cio.com.au/article/380394 - Article: Thoughts on The Future of Money, by @webisteme
“Suspicious of government, and equipped with the technical known how to dodge its influence, these hackers have collaboratively developed bitcoin to the point where it now stands as a viable internet currency.”
http://www.webisteme.com/blog/?p=60
Saturday Mar 19th, 2011- Creator of the Liberty Dollar, Bernard Von Nothaus convicted.
“Liberty coins were marked with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage.”
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism” - US Att. Tompkins
http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent Day (updated throughout each day): http://www.bitcoinnews.comPrevious entries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews |
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But UnionPay holds the member transnationally to take now needs must charge certain fee, the Chinese silver association person concerned indicated that, this expense is composed by three parts, each takes the present, the American flag must gather 10 Yuan about the handling charges, the silver association gathers two Yuan about the transfer expenses, various bankcard sends the card line also to have to gather is equal in draws money amount 0.5%─1% different different to draw money the expense.
Hope this helps you ~~~~
Ziya, your response was something that was very difficult for me to comprehend. For instance, are you describing to me the charges for using a Chinese bank's credit card outside of China? Or instead are you describing the charges for using a U.S. bank's credit card within China? the American flag must gather 10 Yuan I wanted to calculate that in terms of bitcoins, so I used: http://bitcoin.1t2l.net/widgetto find out that is 2.0588 BTC, or going the other direction: http://bitcoin.1t2l.net/widget/?from=BTCto convert BTC to USD and I get about $1.53 USD. So another 2 yaun plus 0.5% to 1%, for total fees. Those sound excessive for a simple credit card transaction, though I've never traveled to China. If I had to guess I'd say that those are the charges to use a U.S. ATM card to withdraw cash from an ATM in China. Ok. ..., I'll send the bitcoin. What is your bitcoin address? It was Erick's question but you answered. Are you two on the same team? |
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Credit Card
Paypal
Real-Time Bank Transfer
iDeal
giropay
ING Home'Pay
eps Online-Uberweisung
sofortüberweisung
eCard
More…
Offline Payment Methods
Bank Transfer
Paying with PayPal
Erick, you might wish to ask your instructor to describe the term Plagiarism. http://help.dhgate.com/help/buyerhelpen.php?catid=2702 |
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Could bitcoin.it accommodate a cname from wiki.bitcoin.org?
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There is a law that prohibits private metallic coins, 18 USC 486, which is what they used against LD. Ah, so that's why a paper note can say "USD", the dollar sign "$", and "IN GOD WE TRUST". From a related thread: I'm a bit surprised WingCash puts on their note a photographic COPY of part of a Federal Reserve note though. I could see some cashier somewhere getting persuaded to accept a printout of the following as a $5 bill. It does say FIVE DOLLARS ($5 USD) and shows the Lincoln Memorial from a $5 Federal Reserve note:  |
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Hey,
I'm looking for data and graphs so I can compare Bitcoin to other networks/supercomputers to show to laymans in visual terms how much more powerful our computing power is. It's a good argument in favour of Bitcoin's network rock hardiness.
Numbers comparing Bitcoin hashing rate to Protein@FOLDING and SETI are much welcome.
jgarzik says: ~5800 petaflops whereas F@H = 10 pflops.
Have you seen this? published FLOPS for GTX580: 1581.1G
512 ALUs * 1544 MHz shader clock * 2 (muladd factor) = 1581.056G
published FLOPS for HD5970: 4640G
3200 ALUs * 725MHz * 2 (muladd factor) = 4640G
hey, what a coincidence!
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Notes" are issued in denominations matching physical U.S. coins ($0.01, $0.05, $0.10 and $0.25) and U.S. currency ($1, $5, $10, $20 and $100). Wasnt that why they jailed the guys from the liberty dollar ? Liberty coins were marked with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage.
http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htmI think the difference though is that WingCash is representative currency. A $5 USD WingCash note really does represent $5 USD somewhere in a bank. I'm a bit surprised WingCash puts on their note a photographic COPY of part of a Federal Reserve note though. I could see some cashier somewhere getting persuaded to accept a printout of the following as a $5 bill. It does say FIVE DOLLARS ($5 USD) and shows the Lincoln Memorial from a $5 Federal Reserve note: |
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Have any of the implementers considered ethical strategies around building a virtual currency that requires the use of power?
Point me to another decentralized, pseudonymous digital currency and I'll consider it. |
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