Does anything look out of the ordinary in that picture? Or is it just business as usual? It's interesting that the perception of profit and loss is extremely different now, even though it's only the nominal number that has changed. You feel like you are risking something more valuable to you, so you panic.

It's an interesting insight into how bitcoins have grown though. This normal fluctuation was actually covered in [dailytech](http://www.dailytech.com/Digital+Black+Friday+First+Bitcoin+Depression+Hits/article21877.htm). Perhaps it's good that people now see them for the money equivalent they really are and start to freak out when the value changes. Perhaps investors will get savvy to this and start correcting the corrections quicker. Perhaps the bumps will be smoothed.

[Announcing BlightyCoin - Bringing Quality Bitcoin Mining Hardware to the UK!]

It's 1:30AM but we finally have something to show for our painstaking hard work over the last few days, and I'm not going to wait any longer

Announcing BlightyCoin - Bringing Quality Bitcoin Mining Hardware to the UK!


The site has a lack of spec information etc. but I assure you we have spreadsheets coming out of our ears. Prototypes have been built (we're 'eating our own dogfood' hashing right now as we speak!). You can pay us in pounds or bitcoins, and you can choose to have your mining hardware deployed inside a case, or mounted to a block of wood for stability. All purchases come with instructions so even if you are a PC noob you can sleep next to those blazing fans safe in the knowledge that our GPUs are earning you your slice of the BTC pie! Just pick up your new baby from Newcastle UK: you'll even save on shipping!

We want to add photos, live statistics, in-system enquiries and purchasing, additional builds etc. but for now we are ready to go.



EDIT: Moved manually from Economics forum because mods shouldn't have to put up with my dopiness!
EDIT2: New Domain! Old one still works though, and always will.

[RELOCATED]

1) We know that more kb in a transaction = higher optional fees
2) We know that not paying the fees is (currently) feasible, but not advised. Txs will be slow, but will eventually make it.
3) We know that if you have small incoming transactions then you pay higher fees. This is why you don't get mining pools to pay you in 0.01 increments, as then paying someone 5btc might be

Code:

0.01+0.01+0.01+0.01+0.01...=5.00

This takes up lots of space in the blockchain, and yields much higher fees.

However, say I'm a bitcoin saver (there's many of us out there who "invest", but don't have much to spend them on yet). If I'm OK with not having access to my money for a while, would it be a wise "solution" to this issue to send my entire networth to one "loopback" address that I also own, paying no TX fee?

Best case, these transactions "make it through", someone signs blockchain and I get one big "lump" back instead of little "lumps" of bitcoins.
Worst case, these txs never get accepted, I eventually need the money, I "double spend" them (with real fees this time), my 2nd spend gets accepted by the blockchain, and my first spends are invalidated since they aren't in the chain and probably never will be.

Please outline your thoughts: I know the official client doesn't allow double spending nor does it allow zero fee "itty bitty" transactions like I'm saying, but this is kind of a solution to the fact that pooled mining and other btc generation techniques are paying some of us in bitcents, and it also solves the problem of "microtransactions": microtransactions might be perceived as worth less than face value due to their fragmentation but surely this technique would sufficiently defrag it: all a microtransaction merchant would need to do is mature the coins by mining and signing their own tx's into the blockchain: or counting on some good Samaritan to do it for free.

Maybe this was trivial/obvious, or maybe I'm talking out of my behind and I misinterpreted the bitcoin protocol entirely. Do tell!

[1.5 BTC]

http://www.terraria.org/ - A 2D minecraft-like experience, but by god, do those visuals look lovely! I bought a pack of 4 and have one spare: figured one of you guys may want it?


(Click to enlarge screenshot)

Price: 1.5 BTC
PM me on the forums if interested. I can't review the game myself, since I daren't touch it before my University exams  


aaaand it's gone.

[very]

Hi all, I'm a newcomer to the bitcoin scene but I'm very interested in it all. I'm hoping to work on a number of small applications over the next year or so with regard to bitcoin, and I need to do some market research.


Basically, I have a site ready such that you could get free bitcoins, just for completing surveys, doing offers, buying stuff through affiliates etc. It's the same system as Facebook applications use (like Mafia Wars or whatever) but instead of being an in-game currency you'd be rewarded with bitcoins for your hard work.

However the media partners involved require a certain volume of transactions through this system or they will hold the accumulated money, meaning it's difficult to pay out users (especially with deflation making this hard, as I have to configure the values on the site for the "future" value of BTC rather than today's or I would lose money.) I may think about holding the account balances on my end until I get paid, then paying users in BTC, but that might require a level of trust from your part as a user

So Bitcoiners, I ask you: would you spend some time doing "human" mining rather than just "machine" mining? I genuinely need to know because otherwise I risk a bad investment with such a system. And let me know what you think of the site idea. We want to add more ways of earning bitcoins to this system in the future so that it becomes the "mturk" of bitcoin generation, but we need to know there is sufficient interest to make this possible.

Thank you for your time