Im mostly a front end designer (html/jquery) however i have experience working with api's, but im not a hardcore SQL/PHP type developer, can anyone recommend a cart from the following bitpay compatible list that isnt too difficult to implement and has a strong support community?


    

• WordPress
• Magento
• WHMCS
• WooCommerce
• Ecwid
• OpenCart
• Zen Cart
• VirtueMart
• PrestaShop
• Drupal Ubercart

I found this linked in someones signature, its brings up some valid points, but maybe the pre-mine is necessary for a concept like ripple. I sure hope it isnt a scam, that would irreparably hurt the image of decentralized exchanges.


http://ripplescam.org/

Here is a list of Alt-Coins with Private Pre-mines:

* Freicoin
* DevCoin
* Ripple

Factoid: Pre-mines are when developers give themselves and their friends central banker status (and like our central bank, under the guise of democracy).

Ive been reading alot of alt-coin descriptions and they all seem to be more or less the same as bitcoin, like litecoin, they advertise it as being quicker but if you actually follow that it takes just as much time as bitcoin to have the same transaction security. None of the adopted alt-coins really do anything different or offer anything unique past what bitcoin already does. Can anyone name one coin that has a unique property that bitcoin doesnt have?

Platcoins main feature is that only 100 coins will ever be made and the first two miners will get half of them, with a block reward that halves every 12 seconds. The upside is that each platcoin is divisible down to the .000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000th.

Go git em!

Decentralized network

Ripple is a distributed network – meaning it does not rely upon one company to maintain and protect the database. This provides two main benefits. First, transaction confirmations happen across the entire network at the same time so no more waiting for block confirmations. Second, because it is a peer-to-peer system, there is no central target or point of failure in the system. This means more stability for the entire BTC community.

?

I'd like to know more about how miners communicate, for instance is it like bittorrent where nodes in the swarm connect to a small number of other nodes, or are miners connected to every other miner? What sort of information do they exchange? What sort of information can they collect on eachother or broadcast about themselves?

Ive read this consumes the majority of network resources, how expensive will tx's need to be to kill spam?

My googlfu has failed me, i cant seem to find why exactly block creation is limited to one every 10 minutes, can someone explain this?

Moved.

Right now we are seeing a huge price jump and naturally people think that this means bitcoin is doing better than ever, but bitcoin first and foremost is a currency and a currency's greatest strength is its stability, which means at this moment bitcoin is doing worse than ever before. How could a cryptocurrency control volatility?

At the height of the mania, in what seems a complete loss of sanity, the bulbs were deemed too valuable to risk planting by their (formerly) wealthy purchasers, and it became popular to display the plain ungrown bulbs. In at least one instance the plan for safety backfired when a visiting sailor mistook a tulip bulb for an onion, and proceeded to eat it for breakfast.

The height of the bubble was reached in the winter of 1636-37. Tulip traders were making (and losing) fortunes regularly. A good trader could earn up to 60,000 florins in a month-- approximately $61,710 adjusted to current U.S. dollars. With profits like those to be had, nothing local governments could do stopped the frenzy of trading. Then one day in Haarlem a buyer failed to show up and pay for his bulb purchase. The ensuing panic spread across Holland, and within days tulip bulbs were worth only a hundredth of their former prices. The tulip bubble had burst.

We have 21 million total coins that will one day be mined, but unlike most currencies if we lost all but one coin we could break it down in such a way as if 21million never mattered. So it can be said that the concept of a 'coin' is purely psychological, and that we in essence have an infinite supply. Currently the price is rising purely based on speculation, speculation that one day this coin will have real utility in day to day use, as for now there is little use except as a p2p payment system or through the few merchants who actually accept it. So where then does its real value come from? Businesses of course, the same businesses, who often have razor thin profits margins, that favor predictability over profitability.

So the bitcoin market is causing massive volatility swings because it believes one day it will not have massive volatility swings.

https://bitspend.net/

Order From Anywhere

With Bitspend, your options for purchasing with Bitcoins become unlimited. No longer shop based on who accepts Bitcoins, now shop where you want to

I've not used their service but it appears you send them coin and they purchase on your behalf, which should be interesting to see how retailers respond to this (can you say TOS hell).

I'm looking to run a small bitcoin based business and wanted to know what the best exchange would be for selling coin and quickly withdrawing into a US bank account.

https://www.bitstamp.net/fee_schedule/
0.4%-0.5%, International withdrawals are charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00. (Im in the US, guessing bitstamp is not)

https://mtgox.com/fee-schedule
0.5%-0.6%, multiple withdrawl methods

https://bitfloor.com/docs/#trading-fees
Pays sellers 0.1%, ACH (direct deposit) - No Fee, For customers who wish to have USD directly deposited into their bank accounts, we offer ACH at no additional charge.

It would seem bitfloor is the best option but i'd like to know other sellers experiences with these.

Moved to here: https://bitcointalk.org/index.php?board=53.0

Hi, im trying to setup a business that accepts bitcoin and i'd like to lock the price into the mtgox 24hr weighted avg at the time of sale. How can i find what the 24hr avg was at that time?

One of the hurdles facing bitcoin as it grows in value is the naming scheme of the coin. We are used to .00 divisions of the dollar as our base unit, but with bitcoin we will end up with a plethora of confusing subdivisors and no one wants to regard one coin as something worth more than they have. So would it be technically possible to move the decimal down to the last two digits and then what is today 1 bitcoin would then be 1,000,000.00 bitcoins? The value of a coin of course would then be 1/1,000,000th of what it was but those holding 1 pre-coin would still have an equivalent amount in dollars.