I don't know why this would come as a surprise to anyone with even the most basic understanding of governments. There's really nothing to be surprised about. Analogous operations have been ongoing for many decades among almost every developed "democracy" and not-so-democracy under the sun. This is the state. This is what it does.

So what exactly is the advancement that eMunie offers?

I just signed up for the beta, but haven't gotten an email yet. I'm probably too late? The counters were at 0.

Amazing is putting it lightly. This is almost as revolutionary as Bitcoin itself (maybe I'm going a little overboard?)

Is there anyone working on a coin with a new hashing algorithm? SHA256 and scrypt have been thoroughly exploited in the last couple months. I'm by no means an expert in cryptography, but I've been looking into different properties of hash functions. Would there be any benefit to RIPEMD-320 over our other 2 favorites?

This is such an awesome piece of software. There's so many applications you could develop that integrate it. Can't wait to sink my teeth in.

I've recently been hired by venture capital to develop another project (one that I will be writing another thread for in the coming weeks). While I'm not shutting the doors to this one (as I've already spent hundreds of hours researching and developing it), I can't continue to spend time on it. This new project is one who's concept I've supported for a long time, but only now have I been given the financial backing to pursue myself. I'm sure many others are working on very similar work, if not identical. The same applies to this trading platform. I'm sorry for letting you guys down, but this platform won't be available for many more months to come. I'm sure others like mine if not much better will be released very soon for you all to make use of. Once again, sorry for the let down.

I would really appreciate this for a project I'm currently developing.

We shouldn't be submitting to regulations that don't apply to this new system. Bitcoin is not money. Bitcoin is memory. Those that seek to regulate it are applying old paradigms to one that is subtle yet truly revolutionary.

https://bitcointalk.org/index.php?topic=234731.0

the more people read it the better! spread the wisdom!

If it functions as a framework of memory (the blockchain etc...), exists in the realm of digitized memory (fundamentally it's transistor states), and is used as a system of memorizing interactions between parties, then it is memory.

Also, this whole business about nitpicking getting you nowhere is absurd. That's all that the law ever was and ever will be: one hugely convoluted semantic shit-fest (that everyone agrees to accept). It's through definition that laws are established. We've been conditioned to think of Bitcoin as a currency, but in reality it's something much more subtle and revolutionary.

Please read the original article I posted before arguing here. This is truly something to take serious note of.

While I think this sort of naming scheme definitely helps Bitcoin become more user-friendly (mostly to those who are unfamiliar with what it is and how it works), I like the idea of 1 BTC being the base, and using decimal values to convey smaller units. I feel like seeing those decimal values implicitly represents two things.

A) The divisibility and fungible nature of Bitcoin.
B) Its significantly higher value relative to other currencies

I think people will learn to understand and respect Bitcoin by experiencing the decimal convention. However, maybe there is a place for certain naming standards for convenience in speaking about sub-bitcoin values.

It will be regulated away in due time if we take this approach. Bitcoin will be taken to the courts. What I'm arguing is that there will be a huge difference in results if we defend it as a currency instead of what it actually is, a system of memory.

One of the best papers I've read on Bitcoin. Mandatory reading for anyone who's involved. They explain why Bitcoin cannot be regulated under statutes concerning money laundering, namely because it cannot be narrowly defined as a currency. Bitcoin is not money. It is memory. This should be a sticky at the top of this thread.

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2275730


Enjoy!

6qxrKSpPn2DNxLKkYBXxZGCrYmWUhhXA87

sweet

While I agree that local exchanges are an awesome idea and should be encouraged, international Bitcoin buttonwoods would not be immune from federal regulation either. Most developed countries are all part of the same central banking system, whether you're in France, Peru, Turkey, or Israel. (http://en.wikipedia.org/wiki/Bank_for_International_Settlements). The fact of the matter is that exchanging Bitcoin for fiat is not a welcomed activity, and if you're doing out in the open in broad daylight, you're just inviting unnecessary attention and scrutiny.

First off, thank you for the work you do in spreading knowledge about Bitcoin and cryptographic currency. I've always believed that Bitcoin's greatest tool for expansion and influence in our society is education. This goes for almost anything you can think of, but for something as obscure as a cryptocurrency, we need all the help we can get in educating the lay man and women about the principles that give Bitcoin its legitimacy and strength, along with its inherent superiority over all other forms of money. I'm looking forward to hearing from you about active projects in p2p exchanges. I need some educating myself!

      I just got back from a long discussion with one of the hot-shot econ professors at my university (Steven Landsburg, if anyone's interested), and he says that he would invest tens of thousands into Bitcoin if the exchange frameworks were more friendly/legal for doing so. We talked about p2p exchanges and the need for true decentralization in almost every regard in order to establish pure markets.

      There's clearly a tremendous amount of interest buzzing around concerning Bitcoin. Its power as a vehicle for transferring value is noticed by internet trolls, drug dealers, and prominent economists alike. Despite all the threads on here with plans for a p2p exchange, there doesn't seem to be a concerted effort to craft anything of the sort. Planning is clearly of fundamental importance, but there have already been a few protocols planned out that, to me, seem incredibly legitimate (The BitMessage thread being one of them). If nothing else, these should serve as blueprints for anyone to implement analogous or complementary frameworks. Who is doing this? If I had 6 months of uninterrupted development time, this is what I'd do 24/7 (maybe I'd sleep and poop from time to time as well). Do you guys know of any active development projects on this frontier? I read the Development board pretty regularly, but all the p2p projects there are very speculative rather than explicitly undertaken and being written up/designed. I truly hope that serious programmers are actually working on this, because there's only so much time left before the Internet is fully regulated and Bitcoin has another HUGE obstacle to traverse apart from the exchange legality issue and money laundering regulations.

      That brings me to another point. Do you guys know of any legitimate p2p internets? I'm familiar with mesh-net among a few others, but I'm curious to to see if the community knows of/is developing any alternatives. We need to appreciate the incredible importance that this factor will to play in the upcoming months and years. I'd argue that Bitcoin's future depends SOLELY on a free and open internet. No other issue is even close to being as important to the continued success and evolution of Bitcoin as this. What do you guys think?

You're not going to be happy about this....but...

There was never any website (yet). All I had were the standalone bots. If you had asked me only 5 or 4 days ago I would have happily posted some screenshots of those (I really should have in the original post...I feel so stupid for not doing so). This thread was really only meant for suggestions. I was going to go into much more detail about functionality and user interface in another thread when I was closer to launching. I've essentially torn apart all of my bots and, as of 3 days ago, there's basically no GUI to show, only the data structures that I can print through the terminal. If you want to see screenshots of terminal spitting out numbers...I guess I could do that.

I've been hard at work essentially rebuilding from the ground up in order to orient them for web service capabilities/security/speed. I'm looking for a nice GUI package for the website, seeing as my desktop bots were really industrial looking/not very web 2.0 oriented. The tradingview interface looks incredibly user friendly. I need to look into whatever library they're using. Thanks for the heads up man. Sorry I'm letting you down on the screenshots though.

From now on, for convenient reference's sake, I'm going to call the proxy trading platform the "ChaosEngine". Please feel free to recommend better names. I'm not that great with naming things. My first and only dog was named "Spot" lol.