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8881  Bitcoin / Meetups / Re: Events - Meetups, conferences and other events on: March 16, 2011, 04:49:34 PM
Meetups:

Barcelona, Spain, Thursday, March 17th
- Bitcoin Users and Developers Meetup & Bruce Wagner European Tour
- http://www.meetup.com/bitcoin/events/16907703

Geneva Switzerland, Saturday, March 19th
- The Bitcoin Animated Movie will premiere at the event:
- http://bitcointalk.org/index.php?topic=3216.msg45133#msg45133

Amsterdam, Netherlands, April 4 - 6th.
- http://bitcointalk.org/index.php?topic=3216.msg65690#msg65690

Los Angeles, CA, USA [forming]
- http://www.meetup.com/Los-Angeles-Digital-Currency-Innovators-Group

Washington, DC, USA, April 4, 2011
- http://www.meetup.com/BitcoinDC/events/wjmbqypgbgb
8882  Bitcoin / Meetups / Re: Events - Meetups, conferences and other events on: March 16, 2011, 04:48:53 PM
[ACH] Payments 2011
  Austin, TX, USA - April 3-6, 2011
  http://payments.nacha.org/c/DiscoverPAYMENTS2011.cfm

Annual Card Forum and Expo
  Miami, FL, USA - April 24-29, 2011
  http://www.paymentssource.com/conferences/cfe11

Electronic Transactions Assoc. 2011 Annual Meeting
  San Diego, CA, USA - May 10-12, 2011
  http://www.electran.org/content/view/283/346

List of events:
  https://cp01.telcom.net/~prepaidp/calendar.php
8883  Bitcoin / Meetups / Events - Meetups, conferences and other events on: March 16, 2011, 04:48:19 PM
A thread to use as a bulletin board for sharing meetups, conferences and other events.
8884  Other / Off-topic / Just keep feeding the beast! Chase bank testing $5 ATM fee on: March 16, 2011, 04:29:19 PM
Quote
Several banks are changing their ATM policies to rake in more fees.

Quote
Chase, is even testing fees of $5.

  http://blogs.wsj.com/deals/2011/03/16/its-coming-the-5-atm-fee


Of course, this will be a nice complement to the $100 maximum charge per debit card transaction:
  http://bitcointalk.org/index.php?topic=4394.0

8885  Bitcoin / Bitcoin Discussion / Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011 on: March 16, 2011, 10:13:34 AM
Re: The Week In Bitcoin - Mar 14 through Mar 20, 2011


Tuesday Mar 15th, 2011




Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com

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8886  Economy / Marketplace / Re: MyBitcoin problem on: March 16, 2011, 12:48:03 AM
here is log of transaction from my side:

pavel@MS-7593:~/miners/poclbm$ bitcoind sendtoaddress 1FcPBRy8JY5tTbG39hDHkubqTU82kN28cv 12
4296cda25f6a009c1fe0087578b4ff6b558e7a8442da11e63488d73a4a2f9ec6

I'm not sure I follow.  If I understand this correctly, I'm assuming that you read somewhere that you were to remit 12 BTC to this address?
  1FcPBRy8JY5tTbG39hDHkubqTU82kN28cv

That doesn't appear to be a MyBitcoin address however.  I believe I can detect that by sending a transaction for an amount less than 0.01 from my account with MyBitcoin to that address.

If MyBitcoin accepts that transaction, then I know the target address is an address for another account within MyBitcoin.  If instead I get the error message "Payment amount is too small for a Bitcoin P2P payment!" then the transaction won't happen and I know the target address is for some wallet outside of MyBitcoin.

I tried sending 0.001 to 1FcPBRy8JY5tTbG39hDHkubqTU82kN28cv and got the error.  So it appears that address is not a MyBitcoin address.  

I could be mistaken however, as maybe MyBitcoin uses a different wallet for their SCI payments and thus the transaction uses the Bitcoin network.

Would you remember the source where you learned of the address: 1FcPBRy8JY5tTbG39hDHkubqTU82kN28cv ?
[edited for clarity]
8887  Bitcoin / Bitcoin Discussion / The Week In Bitcoin - Mar 14 through Mar 20, 2011 on: March 15, 2011, 04:08:12 PM
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


Friday Mar 18th, 2011

  • Bounty offer: Sha256 compute shader using 100% open source video drivers on Linux.
    Approach is to load a compiled binary object from ATI’s SDK into Linux/OSS driver and execute.
    Currently at 300 BTC bounty reward, however target is 1,000 BTC.
    http://bitcointalk.org/index.php?topic=4618.0
  • Payments: Visa to roll out P2P payment network for credit cards.
    Allows one person to send money from a bank account directly to another person’s Visa credit card account (or debit card, or prepaid debit card).
    Bank-related part of transaction handled by CashEdge’s PopMoney and ZashPay.
    MSN Money article: http://on-msn.com/hIYa1D
    http://bitcointalk.org/index.php?topic=3233.msg67776#msg67776
  • New sites and other content:
    Podcast: Bitcoin – a Digital, Decentralized Currency, - omega tau
    Bitcoin technical lead Gavin Andresen is interviewed.
    http://bit.ly/g52Xap


Thursday Mar 17th, 2011



Wednesday Mar 16th, 2011



Tuesday Mar 15th, 2011



Monday Mar 14th, 2011

  • Miner updates:
    - poclbm-gui for m0mchil’s OpenCL miner updated
    - Ufasoft’s miner gets OpenCL support
    http://www.bitcoinminer.com/post/3863859696
  • Bitcoin Economy Snapshot:
    1 BTC = $0.89 USD, Size: 5.68M BTC, Last 24h: 0.21M BTC in 2.7K trx, Difficulty: 76.2K, Forum posts/day: 319, Nodes: 1.5K.
    http://bit.ly/hnglAA
  • s3052’s Technical Analysis:
    - “As forecasted, prices have indeed broken out of the big triangle that formed.”
    Short Term:
    - The break […] has opened up potential to reach $0.95, $1.00 and then $1.10.
    - A break down below 0.8 $ will likely lead to a decline towards $0.40 - $0.50.
    http://www.forexfactory.com/showthread.php?p=4470542
  • Bitcoin-OTC Order Book - new feature, Filter on notes.
    This provides the ability to further filter orders for more specific criteria.
    For example:
    - Buy and Sell Orders for USD currency traded using Dwolla http://bit.ly/hdMZyH
    - Buy and Sell Orders anywhere traded using Cash http://bit.ly/gF7dny
    Full order book: http://bitcoin-otc.com/vieworderbook.php


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com

Previous weekly summaries:
  http://www.bitcoinnews.com/archive  Follow on Twitter: @BitcoinNews

Each 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.
8888  Economy / Economics / Re: The AMERICAN DREAM film, animated, on youtube on: March 14, 2011, 04:39:08 PM
I wanted to send the people from the movie some bitcoins, they only accept paypal.
They had never heard of bitcoin... Smiley

The DVD is being auctioned on BiddingPond:
  http://www.biddingpond.com/item.php?id=398

The filmmaker, Tad Lumpkin, was interviewed:

8889  Bitcoin / Bitcoin Discussion / Re: The Week In Bitcoin - Mar 7 through Mar 13, 2011 on: March 14, 2011, 03:13:32 PM
Is there a way i can get the weekly digest by email?

I just set up a feedburner for it however the way I edit the same post throughout the week is likely not compatible with that.  Maybe I'll need to just do a daily post.  I'll know for sure after the next daily update goes out.

There is an RSS feed for it:
  http://www.bitcoinnews.com/rss
8890  Bitcoin / Bitcoin Discussion / Re: The Week In Bitcoin - Mar 7 through Mar 13, 2011 on: March 14, 2011, 01:11:40 PM
Re: The Week In Bitcoin - Mar 7 through Mar 13, 2011.

Sunday Mar 13th, 2011



Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com

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8891  Bitcoin / Bitcoin Discussion / Re: Backing in-game currency with Bitcoin seems relatively easy... on: March 14, 2011, 09:04:34 AM
Anyways, WoW Gold and EVE ISK are purchased outside their respective games all the time.

On a related noteL

Quote
 Nexon Cash (NX) is purchased through the MapleStory web site.

  PayPal is the only accepted method of payment in MapleStory Global.

Maplestory NX cards are now also being sold for bitcoins by a Maplestory forum operator.
 - http://sleepywood.net/forum/showthread.php?p=10369915

They even reference mt. gox as the method for determine the price in bitcoins.  $1 USD worth of bitcoins buys $1 USD worth of NX Cash.

Quote
The idea behind offering codes for bitcoin was to allow people that didn't have easy access to USD/CAD to pay for it to use their computer hardware(GPU especially) to generate bitcoin.

Interesting.
8892  Bitcoin / Project Development / Re: Bitcoin Based Bounty Pool Software Platform for FOSS Projects on: March 14, 2011, 03:39:26 AM
For coordinating / pooling to fund a bounty, you might consider FiveGrinder -- which already has Bitcoin goodness built-in:
  http://fivegrinder.com/help/start

Quote
In a more complex example, there are multiple developers that are represented by a developer team leader. In this case, the escrow agent negotiates with the team leader only and pays out only to him upon completion of a proposed feature. The team leader is in turn required to distribute the funds to the developers. The key here is that the escrow agent representing the stakeholders only needs to negotiate with and pay out to 1 other individual, and so the issues regarding the management of the development team are not the concern of the escrow agent.
- http://pyjs.org/wiki/bounties

Allocating "recognition" among a team of major and minor participants gets much more difficult when the recognition is a share allocated from a bounty.

I'm familiar with a project that is just getting started specifically with this aim (to crowdsource the process of recognizing participants in a fair manner).  The project is called PieTrust:
  http://www.pietrust.com
  http://www.pietrust.com/faq.html
  Here's PieTrust's founder speaking on Open Companies and PieTrust:
    http://www.youtube.com/watch?v=N-6z_Z2Bi2k

8893  Bitcoin / Bitcoin Discussion / Re: Protect BITCOIN before it is too late on: March 14, 2011, 01:12:46 AM
4) Because the fed has an unlimited supply of US Dollars they can play havoc with the bitcoin exchanges.  What about always owning at least half of the bitcoin supply so that they could easily manipulate the market 10 years from now if they need to.  They plan long term. Wink

To protect against 4
As for the ability for the Fed to just buy everyone out... well I have no immediate solution to that problem.  Thought experiement.  You are the Fed.  You have a bank account with unlimited USD.  Your task: Destroy bitcoin with your unlimited supply of dollars and no other tool.  

I'd do it this way.  Create hundreds of accounts on MtGox and other markets.  Buy up all the asks driving the price up to 1.65 as of right now if I bought out the entire order book. Then sell those coins at a loss to all of the bids wiping that part of the order book out the next day. Then trade with myself at around 0.65 to establish a new "normal".  Accumulate more coins from sheep and then heavy sell the market when I have 10x the number of bitcoins as the market depth for bids selling into the entire order book of bids again creating a new low.  Again trade with myself to establish a new normal low.  Anytime there is severe bidding activity pushing the market up, I would use my huge store of bitcoins to push it down.  If I run out of bitcoins, since I can't short, I'd just buy out the entire market again and then sell sell sell.  Oh what fun it would be Cheesy

I totally agree, bitcoin is likely as vulnernable or more vulnerable to a financial attack than it is to a technical attack.  At least until it is adopted more widely, globally.

What you described is discussed similarly here:
  http://bitcointalk.org/index.php?topic=2436.msg32962#msg32962

How could we protect against this?  

Having more exchanges with significant trading  will make short-term manipulation slightly more difficult.  Currently because most conversions to and from bitcoins are pegged to the BTC/USD rate from Mt. Gox, that is a single point of failure.   The arrival of Bitcoin USA gives the ability to buy Bitcoins by having the funds drawn directly from your checking or savings account, and the ability to sell Bitcoins with the funds redeemed to you by direct deposit (ACH).

Absent the short term vulnerability, the ability for a party to mess with the market over the longer term becomes more and more expensive.  Shorting bitcoins is a risky endeavor and anyone lending their Bitcoins for speculation might never see those bitcoins ever again.  Unlike other commodities, production of new bitcoins is price inelastic. So bitcoin is likely a different animal compared to other commodities and other financial instruments.

If bitcoin's only purpose were to be a store of value, this vulnerability would be a bigger deal.  In the medium to longer term, the price will be made fair by the market.
8894  Bitcoin / Bitcoin Discussion / Re: Protect BITCOIN before it is too late on: March 14, 2011, 12:44:10 AM
Quote
The largest numbers of users are in the United States, the European Union and China.

nothing to see here...move along.

That was a quote but the source wasn't referenced.  Also, what users are you referring to, ..., users of the Internet?
8895  Bitcoin / Bitcoin Technical Support / Re: Which address will my bitcoind client pay 50BTC to if it happens to win? on: March 13, 2011, 09:50:22 AM
The generated coins go to a newly-generated address.

Quote
The keypool IS used for coin-generation transactions.
  http://bitcointalk.org/index.php?topic=1869.msg23306#msg23306
8896  Bitcoin / Bitcoin Discussion / Re: The Week In Bitcoin - Mar 7 through Mar 13, 2011 on: March 13, 2011, 08:47:57 AM
Re: The Week In Bitcoin - Mar 7 through Mar 13, 2011.


Got a news tip, suggestion or comment?
  http://www.bitcoinnews.com/submit

Current week (updated throughout each day):
  http://www.bitcoinnews.com

Previous weekly summaries:
  http://www.bitcoinnews.com/archive  Follow on Twitter: @BitcoinNews
8897  Economy / Marketplace / Re: new guy: I'am offering PHP programming to get my first pennies. on: March 13, 2011, 01:07:23 AM
Anyone has a PHP programming task that wants to be done? I'am looking for something up to 3 or 4 hours work just get the first exchange.

You might also consider registering on the wiki and then create your page with your profile:
  http://en.bitcoin.it/w/index.php?title=Special:UserLogin&type=signup

The wiki has a Freelancers category:
  http://en.bitcoin.it/wiki/Category:Freelancers

Your profile will then be listed in the category(ies) that you include on your profile.  For example, to be listed on Freelancers-Software Development, then insert on your User page:
  [[Category:Freelancers-Software_Development]]

8898  Bitcoin / Bitcoin Discussion / Re: How to prove that the sender for a payment was truly me? on: March 12, 2011, 08:51:04 PM
You could create a new address, give that to the merchant, and tell them an exact time at which you will transfer from the address in question to the new address. You can cause Bitcoin to send using a particular address like this:
- Send some unusual amount (like 54.37) to the address in question.
- Wait for 6 confirmations.
- Send that same unusual amount to the new address.
(You might have to do this a few times before Bitcoin chooses the right coin, though I think it will usually pick the right one.)

Ah ... got it.

I suppose the amount could be any amount (e.g., just 0.01 BTC) as long as I've emptied my wallet (down to 0 BTC) first.
8899  Economy / Trading Discussion / Re: New ClearCoin feature: refund-to-charity on: March 12, 2011, 08:19:45 PM
If the receiver wanted to return the escrowed funds he would send an equal amount of bitcoins to clearcoin, then clearcoin would send half to the sender and half to the receiver.

Awesome solution!
8900  Bitcoin / Bitcoin Discussion / How to prove that the sender for a payment was truly me? on: March 12, 2011, 07:49:14 PM
Let's say there is a scenario where I am one of two different people who claim to be responsible for sending bitcoins for a purchase.  How could I prove to the merchant that those bitcoins came from my wallet and nobody else's?

I was considering that I could sign a message using the address' private key, as described here,
http://bitcointalk.org/index.php?topic=2373.40
however in my scenario, I assume the merchant is non-technical and that this purchase isn't significant enough to warrant climbing the PKI learning curve.

I then considered the ability to send another amount, say a token 0.01 BTC, from the same address that my earlier payment originated from.  Even if I were able to force bitcoin to use a specific address for the input for the transaction, that transaction would then be recognized as an attempt to double spend and thus wouldn't be honored or relayed by any nodes.

Are there any other options for this?
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