Then don't bid until the last few hours/minutes/seconds. That's what happens on ebay anyway  Maybe I need to start a bounty offer for a biddingpond snipe site? :-) |
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What do you have against symlinks ?
Without having to create a symlink, I can have a "launcher" on the desktop to launch bitcoin with a specific wallet. (though that could be a script that creates the symlink, but not having to do that step is a usability improvement. Even so, a symlink doesn't help when creating the wallet.dat -- see below. Or would it just overwrite the symlink file with wallet data?
It overwrites the symlink. |
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I almost felt like I needed another shower after reading up on this: http://www.viruszoo.comFortunately searching for bitcoin there still returns "Found (0) viruses." but i suspect with this project's wider visibility that to become no longer true at some point. |
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[...], what if you built your "village" to handle 30 households, yet only 11 households live there full time initially. The amount of housing and amount of food grown/stored would be enough for 30 households. Resident households/land owners work the land and such.
Kind of a related concept: Provide housing in exchange for equity in the tenant's project: http://www.hackercommune.com |
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I've implemented your idea, thanks!
You rock! Two additional requests, if I may: 1.) Allow pre-selection of the currency that counters the BTC: e.g., if I wish to add the widget to my site whose primary readership is in Canada, I might wish to do: http://bitcoin.1t2l.net/widget/?from=CAD (for CAD to BTC) and the reverse: http://bitcoin.1t2l.net/widget/?from=BTC&to=CAD2.) Display the currency symbol: e.g, The British Pound's is GBP There appears to be room to also display the currency symbol after the amount. e.g,. 50 (bitcoins) = 10.45 GBP |
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I've seen the Square in the news, but didn't know PayPal was considering partnering with them. If you aren't familiar with Square -- they make it trivial for an iPhone or Android user to start accepting credit card for payment. Square charges 3.5% + $0.15 per "card not present" transaction, and 2.9% + $0.15 per transaction when using their "square" card-swiper phone attachment. No monthly fees, no contract. Square will send you the attachment dongle thingy for free. Android supported as well as iPhone. Transact up to $1,000/week. I've read that Square handles chargebacks by imposing an arbitrary hold (e.g. 14-day +/- based on history) on funds received and limits the transaction size to $60 -- unless you request a higher transaction allowance which requires a more thorough credit check. I've already read that From the article: The latest funding comes from Sequoia Capital, giving the San Francisco start-up a valuation of $240 million, PayPal already enables credit card payments in its merchant services but adding Square or a similar service could improve the point of sale user experience. http://gigaom.com/2011/01/10/square-adds-27-5-million-to-play-with-the-big-boysAlso interesting: http://tomnoyes.wordpress.com/2010/12/12/square-up-update/ http://www.quora.com/From-a-startup-perspective-what-are-Squares-biggest-challengesApparently accepting payment via mobile is a good business to be in at the moment. Good thing Bitcoin has : |
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I use TrueCrypt on Linux to create and mount just a small encrypted volume that holds only the wallet.dat. That wallet.dat is well under 1MB now, but 5MB seems to be a ample yet convenient upper bound as far as size goes. I'ld like to ensure that the wallet.dat has not and will not ever be stored on a non-encrypted volume.
For me to be able to ensure that a new wallet is created on an encrypted volume, I created a much larger encrypted volume (e.g, 300MB or larger, depending on volume of logging kepts) and launch the Bitcoin client there. Once I have the wallet.dat, I then move it to the smaller 5MB encrypted volume.
The protected 5MB volume is not normally mounted and is only used sporadically. When I do wish to use it, I mount the volume and then create a symlink to its wallet.dat before launching bitcoin.
It would be more convenient if, instead of having to create a symlink, I was able to specify which directory to use just for the wallet.dat. e.g.,
$ bitcoin -walletdir=/media/truecrypt1 -datadir=/usr/local/bitcoin/data
Something like a -walletdir option would allow me to create the wallet in a separate directory as well. An added benefit for that would be that I could then skip having the 300MB encrypted volume as well.
Does anyone have a better solution, or other thoughts on this suggestion?
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President Obama is planning to hand the U.S. Commerce Department authority over a forthcoming cybersecurity effort to create an Internet ID for Americans, a White House official said, according to CBS News TechTalk.
"[U.S. Gov't is] enhancing online security and privacy and reducing and perhaps even eliminating the need to memorize a dozen passwords, through creation and use of more trusted digital identities." http://www.economicpolicyjournal.com/2011/01/coming-internet-national-id-card.html
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One thing that holds me back from bidding a higher amount when I see a listing for something that I want is that when the auction ends days or weeks from now, there is a significant risk from an appreciating bitcoin.
In other words, I simply don't know what my bitcoins will be worth come the day when the auction completes.
This past week, with the BTC/USD seeing an increase of more than 10%, is a perfect example.
Since I cannot retract my bid if the rate fluctuates, had I placed a bid that bid amount effectively increased 10% over what I originally had intended it to be.
I don't know which is greater ... the problem (for buyers) or the opportunity (for sellers, when BTC/USD appreciates).
Perhaps there is an alternate auction format to allow this? For example, if I as a seller had the ability to choose the currency for a listing, yet still able to specify that the winning bidder pays with bitcoin, this might no longer be as much of a problem.
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Just saw the following entry from this past week: http://www.halfbakery.com/idea/Notes_20backed_20by_20online_20currency_20(WoW_20gold_2c_20Maplestory_20Mesos_2c_20Etc) The assumption made is that because Bitcoin is a digital currency, other digital currencies should be able to replicate the forward moves that Bitcoin appears to be making. Obviously, the writer is overlooking that there are fundamental differences between bitcoins and gaming currencies, such as Linden Labs' Linden Dollars (L$) used in Second Life. Users of those currencies are quite welcome to use Bitcoin as an intermediary currency however. |
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Fear vs. greed. Anyone else notice that it seems to be a lot easier to make a convincing argument for Bitcoin now that BTC/USD is zooming, versus several weeks ago? Same argument ... but getting a lot better reception. |
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Overall I'm accumulating, and only trading these small amounts to help facilitate this promotion. There are parties interesting in buying Dwollas for BTC found on #bitcoin-otc (IRC channel Ivia web) http://www.bitcoin-otc.com |
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Good point, ..., that could be a compensation preference the user sets when signing up. I was thinking of this as something that gets someone to try mining, without having to learn anything. Being compensated in PayPal is something familiar.
But there's no reason to not allow, if not encourage, the user to opt for compensation in bitcoins.
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Would it be
a.) possible, and
b.) a good idea
to create an image for use in creating a bootable flash drive and/or bootable CD which has everything needed for mining?
My rationale for this is that there are many non-motivated and non-technical people who have a system with a reasonably decent GPU but have no desire or ability to go through the non-trivial task of getting set up for mining.
With a bootable image for a flash drive, one should be able to simply insert the flash device into a USB slot, reboot, and let their system mine, automatically. When the computer is needed, the procedure is to simply pull out the flash drive and reboot. The same approach works for a bootable CD.
That's it -- no software to install, no configuring anything, no logging in, etc.
The only step necessary would be to allocate a serial number to the bootable image before it is downloaded and to get the Paypal address that compensation for mining with that image should be sent.
That serial number and a unique password are used to connect to Slush's pool as a worker under an aggregate account. The aggregator would then convert the BTC payout for the worker to PPUSD and periodically send out payment.
Any thoughts on this idea?
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