I guess they mean iOS is a closed OS and that sucks; Last time I checked, both Android and Bitcoin were free software projects. It's alright to encourage people to use free software, is it not ?

This video was really needed. The fact that only the one humorless, pompous ass in this thread does not like it is further proof that its well done. I will definitely use it in my presentations.

With all due respect for its developer, I believe its best that Bitpak is no longer available as is because the time it took to download the chain and receive the first coins was just too long. It would have given the wrong impression to new users (not aware of the subtleties like leaving the app running in the foreground). That's probably true of any attempt to run a "heavy" client on a mobile device. Thin clients or html5 are the way to go mobile.

Your analysis is flawed because you consider bitcoin like central money when it is meant to be a complementary currency: no suggestion to issue bitcoin-denominated debt (silly idea) or to end the dollar (other silly idea).
No such thing as deflationary "event"..
Divisibility is a benefit that is leveraged by velocity: bitcoin provides increased velocity by removing unnecessary frictions (something I did not repeat because it is obvious for most people )

First of all, yes, pennies were hoarded during the great depression.
Second, yes the effects of the depression would have been alleviated with more complementary currencies such as bitcoin, had they been available at the time.
In the absence of internet, cities started then issuing local "fiat" currencies that were beneficial to the local economies but insufficient in scope.
Wall Street lobbyist after WWII made sure that a law be passed forbidding cities from issuing local currencies.

No that's not what I am saying. Do you read before you write ?

Correct, for iOS, you get it through a Testflight invitation: should you want one, please create a support ticket on paytunia.com to request it and you'll be on for the next build.

Android users: it's a lot simpler, you find it in Google play !

The "textbook" deflationary spiral happens when "scarcity of money" combines with price deflation, further accelerating it.
Trouble is for economists, it's the first time in history there is money (bitcoin) that is indefinitely divisible (even beyond the granularity of satoshis).
So there is no such thing as scarcity of money in bitcoin.
As a result, if worst comes to worst, we have deflation of prices but no "spiral" in the classical sense.

In the absence of a spiral, there is room for an equilibrium point because we have opposite forces: slowing the pace of spending will reduce the attractiveness of bitcoins as a medium of exchange, reducing the value of bitcoins since the attractiveness of bitcoins as a store of value can be considered fairly inelastic in relation to the medium of exchange function.
In other words, if the value of bitcoins (determining the face value of goods and services in bitcoin) is the sum of two components e + s (where e represents the value as a medium of exchange, s as store of value), we have yet to see a proof that the is a unique equilibrium point where e = 0 knowing that s has an upper limit (our capacity of saving is obviously limited).

Thanks, I had missed that one.

Since the price has been stable around 5 USD for the past two months or so while, in the same time period, more than 400 000 new bitcoins were created, we are also witnessing a steady growth of the market capitalization.

Is there a graph somewhere plotting the total market cap over time ?

The FriendlyPay app is now available on the appStore for iOS device: it's a mobile version of instawallet, using instawallet.org as backend.

Non ça sera beaucoup plus générique: il n'y a pas de présentation "commerciale" aux RMLL mais je parlerai des solutions qui existent (dont paytunia) en toute neutralité.

Je serai à Genève pour faire une présentation sur bitcoin le mercredi 11 juillet à 11h aux RMLL:
ce sera la première année à ma connaissance que le projet Bitcoin sera représenté dans le programme.
Venez nombreux !

Thanks for the offer to contribute to Bitcoinmedia : I will follow up on that asap.


Our mobile developments are not open sourced until we close our second round of financing: this is a topic we want to keep open with investors we are talking to.

Paytunia mobile is a thin client. The keys are not stored on the mobile device but on the backend (paytunia.com) server.
My experience trying to use embedded keys (stored on a mobile device) taught me that the user experience is better with a true thin client (no keys stored on mobile).
Anyhow, both options (hosted keys or embedded keys) have their pros and cons but none can be said far superior to the other: we will let the market decide.

Why is it best to add them after ? after what by the way?

@genjix

Please include paytunia among the ewallet option even if some people are reluctant to do so because they see us as their competitors.
Bitcoin.org until now is not a self promotion tool but is meant to be a neutral source of information for the bitcoin community.
By the way, it should be localized : I would like to edit a French version of it (I know you will like the idea;o)).

@seal

Great idea. To avoid the problems encountered by Firefox with too many names , I would suggest planning a series of ads each having a set number of names so they remain readable (like 2100 per ad ;o)). However, it might be more difficult for bitcoin than for a web browser to gather such large support
Also, let's not wait until the R&D guys give the green light to the marketing guys: in my experience, it will never happen ;o))

Exchanges imho are not meant to be used for long term storage of any significant amount of bitcoins.
Paper wallets are the best option for long term storage, preferably stored in a sealed envelope in a vault of some sort (yes even a bank vault).
With a paper wallet, your bitcoins are just as easy for your heirs to access as a stash of bank notes.

Why is Paytunia not listed as an ewallet ? It's secure and operated by payment software professionals with over 20 years combined experience.
For most new non-technical users, ewallets are going to be the easiest option.
ewallets enable thin mobile clients. Paytunia on android is one of the most reliable mobile client, without the need for the user to backup embedded keys.

Bitcoin brings about a new freedom (freedom of operating one's own downloaded wallet) but it does not remove an existing freedom (freedom of choosing a service provider when it makes sense, like for mobile use).

You can try strongcoin.com which works quite well for importing a private key in a wallet. paytunia.com will soon be offering the same feature..

I would not recommend it to newbies, because most people would not know how to backup their key from a mobile phone.
Should anything happen to the mobile device or app, the bitcoins are lost.

In contrast a true "light" client like Paytunia is a safer option: if the device is lost, the coins are safely stored and recovered from the server.