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1041  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Foundation is TOXIC and must dissolve, plus a call to action on: May 19, 2013, 08:18:10 PM
Wouldn't hurt my feelings to have a user group.

Great.

I watch the forums very carefully because I have money in the game.

I just started (account at MtGox funded a few days ago after three weeks waiting to be verified). And after I funded my account I read a thread started by retep (a developer) and got really frightened. He was advocating regulation.

Even a user entity that does nothing but track political and economic happenings and sends out daily emails would have value to me.

This user entity should go further and ''buy out'' developers from BTF (this will be easy as they already have worked for free).
1042  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Foundation is TOXIC and must dissolve, plus a call to action on: May 19, 2013, 07:58:45 PM
Bitcoin can succeed without lobbyists.

With lobbyists Bitcoin will fail. In fact Bitcoin has been doing very well without them.

Bitcoin can succeed without TBF. They are just an action group focusing on the needs of Bitcoin businesses.

Maybe an organization is needed to do a job of an action group for retail users of Bitcoin, not business users?

but what other funded group is there right now? Mind you, i'm not trying to argue for or against BTF here, just trying to be practical about the alternatives.  

Let's fund one.

They don't represent me but I don't have a business so I don't have a voice and I didn't join the club.

If a new ''organization'' gets set up, you certainly could have a voice, with your money. You and other retail users of Bitcoin could crowd-finance features of their interest.

With this new money, we could convince developers to work for the new organization for money rather than (i) for BTF for free or (ii) businesses for money and political whoring.
1043  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Foundation is TOXIC and must dissolve, plus a call to action on: May 19, 2013, 04:47:53 PM
"Outgoing" Bitcoin Foundation Executive Director Peter Vessenes, aka "vess" here, @vessenes on Twitter, states in video from Bitcoin 2013 (https://www.youtube.com/watch?feature=player_embedded&v=I6jfPXFAToM) at 5:23 that the Foundation will be hiring a lawyer to lobby regulators in Washington DC:

Then donations from individual users will fall to ZERO BTC. Who would want to send money to be used for a lawyer? In this event Peter Vessenes will be covering the lawyer's bill from his own pocket or from the soon-to-be-dried funds available at Bitcoin Foundation (at the expense of programmers).

What should be noted is that Peter Vessenes spoke on behalf of himself + maybe a few other persons only. He neither represents you (you did not give him the power of attorney) nor me (I didn't give the power of attorney) nor thousands of other Bitcoin users.

If you are to start some new Bitcoin community-driven organization, please make it one of the priorities to fund client development and testing. I don't see the Bitcoin Foundation doing this enough.

Please someone do this. 100% of donations should go for the client development + similar. 0% should go for politics (politics is anti-business).
1044  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 19, 2013, 04:11:12 PM
Then maybe this button could work like this:

1. You click the donate button.

2. Then a list of available options is given, e.g.
a) support the person for keeping the wiki up to date (I would donate to this feature, because the wiki is outdated)
b) retail feature #1
c) retail feature #2
d) business feature #1

3. A user financially supports the feature the user wants to be implemented.

As I said -- that's just not going to happen. Donation (if it will ever be implemented) will be in general, for the bitcoin dev team, not for specific features.

Okay. I tried and I failed. Thanks for your time.
1045  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 19, 2013, 04:06:26 PM
Regarding, the ''donate'' button in Bicoin-Qt: how can the retail users be sure the money will not be spent on developing the business features?
They don't. But then again, if there is no trust in the first place, the whole exercise is pointless.


Then maybe this button could work like this:

1. You click the donate button.

2. Then a list of available options is given, e.g.
a) support the person for keeping the wiki up to date (I would donate to this feature, because the wiki is outdated)
b) retail feature #1
c) retail feature #2
d) business feature #1

3. A user financially supports the feature the user wants to be implemented.
1046  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 19, 2013, 03:56:26 PM
I think most of the developers prefer to be hired by companies such as Bitpay.

In future this might be a problem.

At the moment a single business like Bitpay has the necessary resources (cash + access to developers) to convince the devs to program in Bitcoin-Qt's the features the business users want. These features may not be what retail users want.

To have a balance between the business users' interests and the retail users' interests it would be advisable to have a tool (a feature request auction site) through which the retail users could finance the developers as well.

Regarding, the ''donate'' button in Bicoin-Qt: how can the retail users be sure the money will not be spent on developing the business features?
1047  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 19, 2013, 01:36:42 PM
Yes. They don't like it. Anything with feature-specific funding is off the table, because it would result in rushed code and less sexy issues and testing receiving no attention.

It's a pity developers think this way. If they are afraid of less sexy features being left out they might simply put a low price on these less sexy features or even develop those less sexy features for free (as they are doing now). As for the rushed / low quality code - I think when paid, they would pay special attention to the quality of their work.

A "donate to client development" button in the client itself is being considered.

Such a button will not give the users even the slightest power over the direction of Bitcoin-Qt's development, so it will not be frequently used = developers will continue to be underpaid, and Bitcoin-Qt's development will be slow.

I appreciate your having discussed the idea with others.

Thanks
1048  Bitcoin / Bitcoin Discussion / Re: Bitcoin needs to be simplified for the stupid. on: May 19, 2013, 10:11:42 AM

Yes, the basic idea sounds fair.

Before embarking on a project the requirements should be really clear to the developer and everyone contributing money to it should agree on them (to prevent disagreements later on). I also think an important requirement is to perform the work in the open, so that people can see what is happening and keep true to the open source spirit.

A % of the money should probably be held in escrow until the feature is fully integrated and reviewed in the context of safety. Payout schedule should at least be discussed beforehand.


John, did you have time to discuss this idea with other developers?
1049  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 06:53:48 PM
Is that a wavelet transform?

Very close. It's Fourier transform.
1050  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 06:38:42 PM
Roll Eyes
silly bears...

Haha, no!

I am just joking  Cheesy
1051  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 06:33:41 PM
Does anybody see anything other than this same flat trend, that could very well last through the weekend?  Up, down, sideways?

Yes, I do. I have a magical indicator that can see into the future  Tongue I am posting what the indicator tells me.



Sorry, I couldn't resist Smiley
1052  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 01:58:52 AM
After 500 pages you still didn't notice that drawing lines on charts is a total waste of time when it comes to Bitcoin? I find that hard to believe.

Hey, it's just speculation, isn't it? Only for fun  Cheesy

More on symmetrical triangles as a continuation patterns:
http://www.online-stock-trading-guide.com/symmetrical-triangle.html
http://www.trending123.com/patterns/Symmetrical-Continuation-Triangle-Bearish-Chart-Pattern.html

1053  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 01:42:44 AM
Your upper line is way off unfortunately.

Yes, the data is outdated. I fucking hate converting unixtime, so I do not do it regularily.

I think it is a triangle continuation pattern https://www.exness.com/education/technical_analysis/trend_continuation_patterns The price went above the upper trendline a bit. I think it is a false break out. Time will tell.
1054  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 18, 2013, 01:28:06 AM
[/img]

Should go south soon.
1055  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: May 15, 2013, 11:42:52 PM
Satoshi Nakamoto is Sergey briN

1056  Bitcoin / Legal / Re: Who is the best lawyer in bitcoins? on: May 15, 2013, 11:08:16 PM
You'll need to specify a jurisdiction.

United States

Then this guy is the best http://marcstevens.net/ although he is not a member of any bar association.
1057  Economy / Speculation / Re: Mt. Gox is an unlicensed money exchanger dealing in "crypto-currency." on: May 15, 2013, 07:41:42 PM
Gox dying a slow, painful, miserable death = GREAT FOR BITCOIN.

MtGox grew so big because noone else provided a better service. How is that great for Bitcoin if MtGox dies? I simply don't get it. If the biggest exchange falls, smaller exchages will become even easier targets.

Gox is a company that was attacked by ruthless bureaucrats. I feel truly sorry for people at Gox and wish they find a way out of the situation.
1058  Bitcoin / Bitcoin Discussion / Re: War has started on: May 15, 2013, 06:38:11 PM
Statists are coming to our Bitcoins.

Bring it on!



We are the majority http://www.youtube.com/watch?v=H6b70TUbdfs&list=UUFeK8ZdHbCqAq3gekWs8aEQ&index=34

We'll kick their asses  Grin
1059  Other / Beginners & Help / Re: I need a website with real-time Bitcoin charts with ability to draw trendlines on: May 12, 2013, 10:24:27 AM
Well this one is good but not sure if you can draw trendlines on it:

http://bitcoin.clarkmoody.com/

No trendlines on this website, which I checked a month ago.
1060  Other / Beginners & Help / I need a website with real-time Bitcoin charts with ability to draw trendlines on: May 12, 2013, 09:42:07 AM
Hello,

As per title, please point me to such a place. Price should be displayed in candles / bars, not in line.

Thanks
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