If you need an escrow send me a PM.
If i'm there i will respond and we can make a deal.

Plan is simple.

First both sides notify me with the trade they want to make.

I then propose a small fee (probably between 0% and 2%) and if both parties agree after a negotiation they send me the to-be traded ammount + fee to the addresses i provide and provide me with their receive addresses (both for the coin they sell and the coin they buy, in case i need to return funds).

Once i've received the coins from both sides and have checked that the ammounts match what was proposed to be payed i will send the ammounts minus any fees to the provided addresses.
If any of the participants fails to pay within 24 hours i will send whatever i received back to the provided addresses.

This is the basic deal. If you have different requirements just let me know and we can discuss a deal.
So if you both agree that you are willing to wait longer than 24 hours then we can change the deal.

https://bitcointalk.org/index.php?topic=171240.0

Two more dollars to go!
 

I'd like to start a discussion about the viability of bitcoin in the future on basis of energy.

Bitcoin is set on a path that requires increasing amounts of computation to function.
Moreover, it requires the internet (or some other high speed network) to operate.
All this computing and communicating costs energy.
Growth of the bitcoin network implies more nodes communicating with more nodes. The posibility space for transactions will grow faster than the number of nodes.

I wonder if our global energy production can keep up with this requirements to get bitcoin settled as a solid world wide coin.
For one, i don't expect the hashing algorithm to become much more efficient. It will become a limit at some point so in the near future you can only increase hash rate by increasing energy consumption by the same amount.

The obvious question is, how will the energy requirement of running the bitcoin network (including the communications over internet) develop over time given a certain growth rate of transactions?

So what would be the best way to judge the energy consumption of bitcoin?
Knowing the energetic cost of a single transaction seems like a good starting point, but it would have to be based on some mean which i don't have.
But we propably will need to separate some parts of the process. There is the initiation of the transaction that requires that you have downloaded (some part of) the blockchain, there is the processing of the transaction by the network and there is the receiving and reading of the blockchain at the other side of the transaction.
The cost of downloading the blockchain is also somewhat separate.

I will try looking for some concrete figures but any help would be appreciated.

Is it?

So how about this one:

All bitcoin ASIC firms are fake.
They all bought a design and manufacturing facilities from a single chinese firm.
That firm is now not delivering.
So all ASIC firms are delayed by the same amount of time and have to come up with crummy excuses to cover the fact that they have nothing to sell unless the Chinese firm gives it to them.
Untill this single firm starts delivering there will be no ASICs.

so... will this fly?

No, seriously guys, the price is not dropping.
What gives?
Are we now just a collection of androgynous bullbear stability freaks?
If the price does not destabilize soon i will have to speculate that it will stay around $11 for the next two to three months.. and that kind of speculation makes me sad. 

I found this nice line to bitcoin price.
But it seems systematic and not related to what's going on on the exchanges.
It's almost like a built in system.
Can anyone offer an explanation for this mathematically simple rise of minimal price?

I just had a thought.
The crazy thing about it is i have never heared anyone actually talking about something similar.

Let's say the world economy is worth about 63 Trillion dollars.
Divide this by the ammount of bitcoin that will ever be made, 21 million.

63^12 / 21^6 = 3 milion dollar per bitcoin.

Soo...

In the end, for bitcoin to replace all other monies, it would have to be worth the equivalent of 3 milion dolars per bitcoin.

That also means, that everyone with more that 0.3 bitcoin would be the equivalent of a millionaire.

That's basicly everyone in the community right now.
And a lot of other people that will join soon enough.

It also means i'll be filthy rich in the future. Woohoo!

Now let's say Pirateat40 still has the 500.000 bitcoin that supposedly went through him.
He would then have owned $1.500.000.000.000 worth of bitcoin, or 1.5 trillion dollars worth.
He'd be the ritchest person to have ever been conceived.

So my question is, why do people keep thinking up fanasies about how bitcoin will take over the worlds moneys?
Isn't it blatantly clear bitcoin could never scale to a size that would allow it to operate as the worlds currency?

If there is an option i can't seem to find it.
If there is a topic about this already i can't seem to find it.
Conclusion: i'm USELESS!

Apparently a good day to be a bear?
Time to sell?

<pirateat40> bpd, at least I could be added to the history of Bitcoin scams.

You heared it here first folks!

Soo..
Bitcoin doubled value in one month.
How long will this one last?
 

'cause Santa Clause is comming to town..

There, i said it.
 

 
Now let's all go back to daily bussiness.

So, what do you think?
With such a drop in price, small economy, market manipulation and decreasing interest from miners, does bitcoin still have a future?
Will it survive for much longer and is there still any good reason to invest?
Opinions on the future of Bitcoin speculation.

Hi peeps.

Just out of curiousity..
Anyone out there know when the first GPU miners became available?