It seems like every six-months to a year a major heist or exit scam happens, and it only takes this community days to forget it even happens... I believe the people behind these exploit this and just go start another project and build it with marketing..

Why is there no mention of a auditory and standards process for service providers like banks do with PCI? This isn't play money.. At the very least there should be a movement against the practise of remote bitcoin storage. Vendors can just query the block chain if they need proof of balance.. Anything with an escrow needs a verified identity behind it to avoid exit scams..

Shouldn't dynamic fees be displayed on "Send" screen as amount field is changed to a valid amount?

I'm curious how people with a lot of currency; even if it's just $7,000.00, store it?

I've seen it done a lot of different ways in the US.

Using IOS and Android hardware isolated encryption services for multisig would be nice. It's almost as secure as a good cold-storage policy.

I wrote a secure tumbler(hardware isolation for priv. keys on back-end and PDO on a sqllite3 DB with PGP sig given to end-user and simplehttpserver) in python(I have no intention on using it though) and was wondering how people who do these typically handle early transactions? I don't see end-users waiting for other users before they get there coins back so this means the operator has to put in to cover, right? Doesn't this make early users identifiable?

I've yet to have time to look through the reference client GIT so I still don't know a lot. Are the opcode scripts as low-level as it gets when interacting with the blockchain? Besides modifying the client of course. If I have the reference client running can I just stream scripts to the JSON server or how does it work?

Side question:Do opcodes have a place with hosted blockchains? Like can I run them as an electrum user?

One thing I do have time for is making a quick IDE with a run feature and syntax highlighting. I don't actually need to run them I'm just interested in more low-level aspects of the blockchain.

https://www.youtube.com/watch?v=bPshJi82FNk

What Stefan says in this video is great. I think the fact that tumbler, faucet, gateway, market, and casino owners who low-ball on development and policy practices have such trouble surviving is a testament of bitcoin's free-market nature. It's just too bad the slobs who start them don't have to pay any of the money they "lost".. That's the one thing the crypto-currency community needs to remedy legally.. It's too easy to "lose" money and just go to your summer home in the Hamptons and have people forget it happened in a business week..

I've seen their API used by some really shady sites, but I can't seem to get approved.. I've read their TOS and no conflicts..

Is BTC to USD, for example, simply dictated by free market behavior? How stagnate do BTC sales have to become to cause major price drops?

[Sorry if you don't like CEX.io. I tend to only trust my money with crypto currency sites only when they have a history and it's not a wreck.. I also like the UI/UX. I still don't store persistent data on their server.]

I've been using prepaid debit cards for CEX.IO deposits but there is a lot of overhead. Anyone know another way to get fiat in to CEX.IO with no or less fees besides storing complete bank info on their servers?

I found prepaid cards at a local store with the lowest activation&reload fee at $3.00 and no transaction fees except for ATM withdraws. Then on the CEX.io side there is the 3.5%+$0.25 fee for CC deposit(3+0.25+400+((3.5*400)/100) or $17.25 to get $400 deposited). We can't get past the CEX.io side unless we store bank data on their server or lose more money through crypto wallet transfers; ewww. Looks like we're looking for even cheaper prepaid CCs or some crypto currency deposit flow.

Sorry if you don't like CEX.io. I tend to only trust my money with crypto currency sites only when they have a history and it's not a wreck.. I also like the UI/UX. I still don't store persistent data on their server.

When you purchase a GreenDot card with cash at any store your State ID is scanned and logged at the register. Anything the seller of BTC does with the card they use the code on is on your head.

It's used as anonymous currency with vendors who don't accept bitcoin. Where would you want to anonymously purchase stuff?

• Exchanges and tumblers with low-bid development and horrendous data-security policies. [Please upload literally all your personal identification to our server for verification. Our known-by-assumed-name-pseudonym Pakistani security profession we hired for $250.00 assures us we have a unpenatrable encyption and isolation model]
• Faucets, Games, GPTs ripping off affiliate networks with sleazy promotions and automation
• Over-night copy&paste and low-bid development miners and wallets
• Just overall bad development and management quality all across the board

Aren't these all reasons we need a verification system for vendors and service providers? I cringe every time I see some kid or -let me build critical services using this computer programming book I just got- marketing puke promoting stuff.. Also, how many major exchanges have to be hacked or cheated by their owner before people with influence in the scene actually suggest some standards?

I've been looking over the "reference implementation" GIT repo: https://github.com/bitcoin/bitcoin/tree/master/src

I didn't see any network configuration data. Anyone know how implementations set the packaged peer-server list the blockchain is pulled from first start? Are there official peers used by all "full" wallets?

I'm working with getBlockTemplate in Python(link) and want to research low-level blockchain interactions.

[THE QUESTION:]

I have a Linux/OSX/Windows/IOS/Android client written in Monkey X with a parse-dot-com based back-end developed. I'm in the stage of planning a revenue model for it now but I'm not seeing how you really make money off of it. You can't really charge high-rates for deposit-fees without driving away a lot of users, and selling it through licensing saturates the market.

I actually made the deposit fee dynamic with a cap. It basically factors deposits since the beginning of the month by days to adjust the deposit fee and it changes in real-time..

I figured I need around 400 active users a month just to pay for hosting.. THE QUESTION: Is this why there aren't many people doing this?

How do you buy 4000.0BTC inside two weeks? Any method of transaction..

Run around with local sellers and hope you get a 300 or so sellers in time you say?

Make that 24 hours..

EDIT: I'm not actually buying. This is a challenge that shows how poorly BTC market actually performs. It's *mostly* just people losing money on inflated buys and fees because it's kewl to have a wallet balance that doesn't really buy anything when flowed back to fiat..

  Problem Event Name:   APPCRASH
  Application Name:   electrum-2.3.2-portable.exe
  Application Version:   0.0.0.0
  Application Timestamp:   514e2c2f
  Fault Module Name:   sip.pyd
  Fault Module Version:   0.0.0.0
  Fault Module Timestamp:   51320f37
  Exception Code:   c0000005
  Exception Offset:   00002c44
  OS Version:   6.1.7601.2.1.0.256.1
  Locale ID:   1033
  Additional Information 1:   0a9e
  Additional Information 2:   0a9e372d3b4ad19135b953a78882e789
  Additional Information 3:   0a9e
  Additional Information 4:   0a9e372d3b4ad19135b953a78882e789

Every time I create a new wallet.

Also who had the idea on the design aspect to make users create new wallets every time they wanted to load a saved wallet from "Save Copy"? Why would you force users to create more addresses and go through what should be out-of-scope steps to use saved ones?

Buying above blockchain value so there is some profit for you.

I'll contact you directly for future purchases.

Using verified paypal.

I've searched and can't find one. The closest thing was Brawker but it's exchange model is scary, and they have masked WHOIS and are only a year old..

I've searched Google too. Bitstamp is the most reputable but requires stored bank information and has poor quality development which has led to it being hacked.

I have free electricity and a lot of 5th gen Intel embedded boards with Linux or Windows. I'll trade real-time stats and specs for leeds on good coins.

I'm currently working with DimeCoin because I have no time to test other coins and used Google one night.. I want to work with something credible and professional.

Premine isn't a no-go if the overhead is proportionally lower than something else at the same margin of complexity.