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1821  Economy / Trading Discussion / Re: Stay away from Cryptoxchange as Bitcoins go in but Fiat don't come out. on: December 20, 2011, 10:05:20 PM

CryptoExchange put me off because I couldn't find out enough from their pages (like fees and transfer methods) so didn't follow up.




One of the menu tabs is called "Fees" and in the "Funds" tab the first item is "Funding Methods." How did you not find that?

1822  Economy / Speculation / This lack of volatility almost makes Bitcoin look... civilized on: December 18, 2011, 05:03:39 AM
The past week has been remarkably calm, with the price sticking in $3.16-$3.21. It "feels" calmer than I've ever seen it. It's almost as if... dare I say... the marketplace has found an appropriate price given the current economy + NPV of future economy.

It's almost like Bitcoin has become... a civilized asset.

Certainly, it won't stay like this. But, I must say I'm enjoying this current oasis. RIM, gold, and the EUR have been more wild in recent days.

That such a speculative asset like a bitcoin can enjoy stable value - if only for a matter of days - is quite remarkable.

Thoughts?
1823  Bitcoin / Bitcoin Discussion / Re: $90,000 in credit card fees on: December 17, 2011, 10:44:49 PM
No matter how much you shrink government, they will always have considerable power over things like taxes, infrastructure, etc.

Would you like to rethink that a bit?  Roll Eyes
1824  Bitcoin / Bitcoin Discussion / Re: $90,000 in credit card fees on: December 17, 2011, 09:16:59 PM
The problem is not that people or corporations (which are just groups of people) can donate unlimited amounts to politicians.

The problem is that politicians can hand out favors, and that ability grows in direct proportion with the size and scope of government.

Shrink the government, and the number of favors to be dolled out is necessarily reduced. In the "money buying power" problem, it is not the money, but the power.
1825  Bitcoin / Bitcoin Discussion / Re: $90,000 in credit card fees on: December 17, 2011, 08:04:46 AM

I wonder how much of that money will be spent by credit card on purchases for the campaign and incur another round of 3%?

Now that is a very good point...
1826  Bitcoin / Bitcoin Discussion / $90,000 in credit card fees on: December 17, 2011, 05:47:10 AM
Today, Ron Paul had a moneybomb donation campaign.

As of the time of this writing, he's raised over $3,000,000, all from credit card donations. At a 3% credit card/merchant account fee, that means $90,000 was wasted tonight just to MOVE the money digitally from donor's digital currency bank accounts to Ron Paul's digital currency bank account.

$90,000!

Bitcoin, the world needs you immediately.
1827  Bitcoin / Bitcoin Discussion / Re: Cash deposit at US bank? on: December 16, 2011, 09:20:57 PM
CryptoXChange.com - deposit cash at any Bank of America.
1828  Bitcoin / Bitcoin Discussion / Re: Dwolla's Big Announcment Today- Instant Credit. No More ACH Delay on: December 16, 2011, 12:35:24 AM
Wonder if this will affect Cryptoexchange's pricing?

Crypto X Change's $15 fee is only for the direct bank transfers (replacing a wire/eft fee). Funds via Dwolla/Bitinstant would not have any fee from Crypto's side.
1829  Bitcoin / Bitcoin Discussion / Re: I'm going to be interviewed about bitcoin on Free Talk Live's after show tonight on: December 15, 2011, 09:48:29 PM
Mention these recent developments:

1) SwitchPoker.com and BC-Casino.com
2) Internet Archive (Wayback Machine)
3) OKPay (massive online payment system - popular in Russia/Europe)

Also, specifically related to Free Talk Live's audience, Ira of BTCinch.com will be speaking at Liberty Forum in New Hampshire.

Also, since being "declared dead" by the press about 1-2 months ago, Bitcoin has appreciated over 50%

Try to avoid any discussion of mining.
1830  Economy / Speculation / Re: 4 is the magic number, the magic number is 4 :) on: December 15, 2011, 08:17:15 AM
The speeling police strikes again!

The need to correct people is a diesease

Did you really make two spelling errors and forget punctuation in so few words?   Wink
1831  Economy / Speculation / Re: Payment solutions similar to Bitcoin on: December 14, 2011, 08:15:11 PM
Its similar as a payment solution in that it allows you to buy without giving away your details and make it simple.

False. You still need to give your details to VISA. Visa just promises not to pass it to the merchant that's all. Visa is still the single point of failure here.

Yeah, and in that way it's no different than Paypal.
1832  Bitcoin / Bitcoin Discussion / Re: [ANN] Instantly Withdraw MtGox to PayPal via BitInstant | LR, Paxum, Dwolla on: December 14, 2011, 06:57:21 PM

I bet paypal is happy to have bitcoin as a second class citizen.
Ordinary bank account -> paypal   -  zero fees.
Bitcoin exchange/wallet/bank ->  paypal - about 4%

I guess this is a step forward  but holy crap the bitcoin world gets eaten alive at the edges.

Well the Paypal itself is also a second class citizen. Often, Paypal -> Paypal has a 2.9% fee.
1833  Economy / Speculation / Re: Payment solutions similar to Bitcoin on: December 14, 2011, 06:43:17 PM
Bitcoin is not a payment solution.
It's more a currency or a commodity or a virtual good.
The dollar and the euro are not payment solutions either.



It's both. The Bitcoin client software and p2p network is a payment system. The unit of account (bitcoin) that works on that network is a currency.

Sometimes I wonder if it would've been a better marketing/branding decision to use two names for these components - something like "Bitnet" for the p2p network and client, and "Bitcoin" for the currency. Not sure...
1834  Bitcoin / Bitcoin Discussion / Re: Nominate Bitcoin for the Best Technology Achievement 2011 on: December 14, 2011, 03:06:31 AM
Why would bitcoin be best of 2011? Wasnt it invented in 2009?

From their site, "NOMINATE the companies, products and people you believe most deserve industry recognition for achievements completed in 2011"

So it's meant for the most impactful things in the year, not necessarily things that just launched. Twitter won Company last year, even though they didn't start in 2010 of course.
1835  Bitcoin / Bitcoin Discussion / Nominate Bitcoin for the Best Technology Achievement 2011 on: December 14, 2011, 02:48:13 AM

EDIT- Voting is over


Nominate Bitcoin for the Best Technology Achievement 2011
I mean... what possible technology is better?

Do this NOW! Voting ends in a matter of hours! Bitcoin FTW!!!

Step 1) Vote here
http://crunchies2011.techcrunch.com/nominate/?MTpCaXRjb2lu

Step 2) Donate to the Twitter campaign to promote others to vote (.3 btc will get the message to 10,000 people)
http://www.feedzebirds.com/vxnya  (donate to: 1D7FK6NUvznSaR9FwU9o7MBHS31ui2ztwD )


1836  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the quickest no-BS way to get a namecoin address? on: December 14, 2011, 12:57:55 AM
Quickest, easiest way is to have a cryptoxchange.com account. The moment you sign up, you'll have a namecoin address staring at you. You can also buy/sell namecoins there obviously.
1837  Economy / Marketplace / Re: FeedZeBirds.com - Bitcoin Twitter Ad Platform [ANN] on: December 13, 2011, 05:10:35 PM
Hi all,

Can I make a quick request - if you've tried out FeedZeBirds and it's been a pleasant experience, can you leave a quick rating here?

http://www.thebitcoinreview.com/site.php?site_id=792

It'll help us get more exposure, thanks!
1838  Bitcoin / Bitcoin Discussion / Re: New habit - Do you accept bitcoins? on: December 13, 2011, 05:03:00 PM

I don't explain bitcoins, I just leave it as that. Basically implying that everyone knows what they are.

I like that.

Imagine if people, when first asking about Paypal, endeavored into a lengthy discussion of paypal server systems and payment network. Maybe paypal would never have caught on Smiley

Maybe it's like the phenomenon that when someone tries to tell you something, it's not interesting... but if you hear about that very thing, you'll be interested in learning.
1839  Bitcoin / Bitcoin Discussion / Re: Happy Satoshi Nakamoto Day on: December 12, 2011, 07:58:23 PM
An ode to Satoshi Nakamoto



Hahahah yes!
1840  Bitcoin / Bitcoin Discussion / Re: A _new_ currency has to be fair on: December 12, 2011, 02:02:56 AM
OMG - I just realized how unfair the US$ is because people had a chance to get in early before I was born. Not fair - I was born with nothing and there were people already with millions and billions of those dollar bills who had a better chance to make more when I had none.

We need to reorganize the world to be fair to each new born baby and Bitcoin isn't going to do that so I'm putting together a new one called "BabyCoin". Every new born baby gets assigned 1000000 BabyCoins so they start out rich and we all compete fair in this New World Order.

Humans are the only species that pay to live on the Earth.


Humans don't "pay to live on the earth."  They pay each other toward mutual benefit so that they don't starve and suffer in perpetual poverty and discomfort.
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