I'm very interested in the new Counterparty technology given the successful burn period of XCP.  I've been reading everything I can find on it, and I understand how it's an information layer built on top the BTC protocol, and can be used for betting and issuing "shares", etc.  However I'm still foggy on a lot of details and I can't seem to find a clear, dummies style explanation of the tech.  Could someone help an idiot like me with some basic questions?

One thing I don't understand is how the value of an individual unit of XCP is determined.  I know right now it's trading at a certain amount relative to BTC based on scarcity since the burn period is over.  Down the road will it trade on utility (i.e. I need one intact unit of XCP to issue shares in my company) or will the value be determined by the assets that it backs?

I have 1340 Thai Baht laying around from a trip I took to Thailand a few years ago.  No plans to return anytime soon.  Will sell it for $30 in BTC.

Anyone know what's up with bips.me? Can't connect. Making me nervous.

[great]

Hi guys!  I make very high end interlocking puzzles out of fine and exotic hardwoods.  These are of VERY high quality, with tolerances in the thousandths of an inch. 

Here are a couple examples:




These make great gifts and display very well for collectors.  I accept BTC as payment, and would like to give a special price to anyone paying with Bitcoins.  All orders will receive a 10% discount, and any order totaling over 1 BTC will receive free shipping.

My site can be viewed here:
http://www.cubicdissection.com/test/catalog/index.php

Some items are sold out, but there are still plenty of very difficult and tricky puzzles to be had.

Thanks and happy puzzling!

Eric


P.S. Be sure to check out the riddle thread where I have donated a puzzle as part of the prize:
https://bitcointalk.org/index.php?topic=278129.0

Hi, I'm Eric Fuller and I have been making and selling high-end interlocking puzzles and puzzle boxes for about 9 years now.  My website is www.cubicdissection.com, and I've recently started accepting Bitcoins on it.

At the moment nearly everything is sold out...I have a lot of demand for my work and items tend to sell out quickly.  If you're interested in future offerings, just hit up the contact form and ask to be added to the notification list.  I'm working on improving availability, and plan on launching a line of always-in-stock puzzles next summer.

Anyway, just wanted to introduce myself as a merchant standing behind Bitcoin!  Best wishes to all of you!

Eric
Owner, Chief Metagrobologist  

Hello folks! 

I'm an artist had have been selling all my work online the past 10 years or so.  Right now I accept Paypal and have a merchant account for credit cards.  I'd like to accept BTC as well. 

The site runs OSCommerce to keep track of inventory and fulfill orders.  This is important because my work sells out very quickly, and accurately tracking inventory in real-time is critical so I do not oversell.

I've been looking at the various sites which offer to let you accept funds with BTC.  Walletbit seemed to be the only ones with an OsCommerce plugin already written.  However, as I learn more about BTC, it seems like if someone does not have a Walletbit account, they will have to create one to do business with me.  Which makes it seem much like they are paying with walletbit than with BTC...i.e. the difference between credit cards (direct transfer of funds) and paypal (must create account, separate balances, etc).

From my understanding, if I want to accept BTC payments directly from BTC users I will need to create a separate wallet for each transaction.  Is that correct?  If so, are there any OsCommerce compatible solutions out there yet?

Thanks in advance...