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If you want to sell other people BTC, then give your price in mBTC. If you want to sell goods in exchange for BTC, price them in BTC.
To someone buying BTC, getting 1,000 mBTC sounds better than getting 1 BTC. To someone buying a laptop, spending 5 BTC sounds a lot better than spending 5,000 mBTC.
TL;DR: Do whatever you want.
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Those transaction costs seem high:  That chart is based off of what miners are supposedly spending on electricity divided by number of transactions, correct? I'd guess that the chart is still estimating electricity used based on GPUs/FPGAs, and not taking into account the much more energy-efficient Avalons that make up a large part of the hashing power now. |
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You seem very certain of an eventual crash MatTheCat. Why? And are you willing to bet on it?
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They posted in the Bitcoin-Central thread that all user funds (BTC and Euro) were safe.
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From reading through this thread, looks like a whole bunch of you are going to be still 'all in' when the day comes when whoever is manipulating the Bitcoin price astronomically high, decides to pull the rug out from under its feet.
If I had kept the many Bitcoins that I have bought in the past two years (I spend em all on SR), then I would be surely looking at a profit taking strategy right now, of course whilst keeping some/plenty skin in the game, as who knows how much higher this dragon shall fly before the inevitable occurs.
OTOH, there's 8,000 people still waiting to be verified at Mt Gox who want to buy Bitcoins, so perhaps there's too many people standing on the rug for it to be pulled out? |
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Well, invalid tx hash when I click on the link, but that makes sense anyway. So, question. Can you create an identifier for unconfirmed inputs, such that they would "pop out" at a person looking at this page: http://blockchain.info/address/1LrPYjto3hsLzWJNstghuwdrQXB96KbrCyMaybe just mark the text in red, or put a little red "unconfirmed" bubble next to any of them that aren't confirmed. |
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Does anyone have any theories as to how it is possible that the most recent two transactions to 1LrPYjto3hsLzWJNstghuwdrQXB96KbrCy are still confirmed after several hours despite each including a massive 0.1 BTC fee? That's kind of a huge "wtf" to me as well. Is Bitcoin broken??  |
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I'm betting the London Trust Media is a VPN... You could file a police report, then ask the police to subpoena Time Warner Cable for the user's information, then submit a civil suit against him for the stolen amount. Choopa, LLC CHOOPA-NETBLK08 (NET-108-61-0-0-1) 108.61.0.0 - 108.61.255.255
London Trust Media Inc NET-108-61-55-72-29 (NET-108-61-55-72-1) 108.61.55.72 - 108.61.55.79 %rwhois V-1.5:0020b0:00 ipmt.rr.com (by Time Warner Cable, Inc. V-1.0)
network:Class-Name:network
network:ID:NETBLK-ISRR-69.204.0.0-17
network:Auth-Area:69.204.0.0/17
network:Org-Name:Road Runner
network:Tech-Contact:ipaddreg@rr.com
network:Updated:2013-04-01 10:32:21
network:IP-Network:69.204.0.0/17
network:Admin-Contact:IPADD-ARIN
network:IP-Network-Range:69.204.0.0 - 69.204.127.255
network:Class-Name:network
network:ID:NETBLK-ISRR-69.204.64.0-20
network:Auth-Area:69.204.64.0/20
network:Org-Name:Road Runner
network:Tech-Contact:ipaddreg@rr.com
network:Updated:2013-04-01 10:32:21
network:IP-Network:69.204.64.0/20
network:Admin-Contact:IPADD-ARIN
organization:Class-Name:organization
organization:ID:NETBLK-ISRR-69.204.0.0-17
organization:Auth-Area:69.204.0.0/17
organization:Org-Name:Road Runner
organization:Tech-Contact:ipaddreg@rr.com
organization:Street-Address:13820 Sunrise Valley Drive
organization:City:Herndon
organization:State:VA
organization:Postal-Code:20171
organization:Country-Code:US
organization:Phone:703-345-3151
organization:Updated:2013-04-01 10:32:21
organization:Created:2013-04-01 10:32:21
organization:Admin-Contact:IPADD-ARIN
organization:Class-Name:organization
organization:ID:NETBLK-ISRR-69.204.64.0-20
organization:Auth-Area:69.204.64.0/20
organization:Org-Name:Road Runner
organization:Tech-Contact:ipaddreg@rr.com
organization:Street-Address:1841 Lapham Road
organization:City:East Aurora
organization:State:NY
organization:Postal-Code:14052
organization:Country-Code:US
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how do i html  |
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I'm starting to get irritated because now all I see is the difficulty going up up up from the Avalons, and by the time we get ours, we'll earn like one btc per month.  Avalon would have to ship ~ 180,000 units in order for us to only get 1 BTC/month with a BFL SC Single. |
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Well, this is interesting...
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Kind of.... I bought a mining machine that will mint Bitcoins at this price.  |
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Agreed @ BFL being a scam.
If you guys paid with your CCs, I would suggest requesting a chargeback within 120 days of your transaction, otherwise you'll be out of luck (assuming it is a scam).
Visa/MC have 120 day limits on chargebacks.
Willing to put some money down on BFL being a scam? |
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why not just escrow?
Because "My bank account info got stolen and this is not a valid transfer" |
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I would do a send-many of 0.00000001 BTC to every Bitcoin address ever used, in an attempt to de-anonymize Bitcoin addresses by grouping them all together with default client behavior of including transactions from different addresses together.
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I'll put money down on them not being a scam. You game?
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Wow. Call me shocked. I got 0.014 BTCs out of each of mine when I sold out, so, still not complaining. |
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What about the idea of comparing transaction volume to other payment processors?
Paypal has a transaction volume of about 16 billion US$ per year.
Bitcoin's current transaction volume is about 300,000 BTC per day. If we assume a market price of 90$ that would add up to about 10 billion US$ per year.
So if Bitcoin usage and price stays at least at the current level then it is already 62% of Paypal.
The parity price for Paypal (assuming transactions stay at least the same) would be:
147$
Of course a significant amount of usage for Bitcoin is exchanging for Fiat currency while Paypal is almost all for goods and services.
This is off by an order of magnitude. It is $165 billion USD per year. oops... so x10 so parity price would be about 1470$I'd be ok with that.  |
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I think it's pretty simple to just announce the change to the world as you would with a stock. I.e., a stock split, then just move the decimal place after the announcement.
"Bitcoin shares split 1,000x"
Then again, some idiots would spin that as "ZOMG BITCOIN IS INFLATING LOOK AT ALL THE BITCOINS NOW!!!!"
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