NEW! (insert blinking here)  The Madhatter's Bitcoin4Cash Service

http://tinyurl.com/bitcoin4cash

Selling Bitcoins for cash via the mail (aka "post").

Why do this? Because I'm in a jurisdiction where I can.

Cheers!

I also agree with v1.0 for the same reasons posted above. Publicity would also be nice.

A 'Bitcoin notary public'. I like it!

I was mucking around with the source code on a large research cluster that I have access to. For some reason the nodes were connecting and disconnecting from Freenode quite rapidly witch resulted in most of my nodes getting k-lined. Freenode started going nuts and blocking my nodes as fast as I was creating connections.

Not too sure if other people were k-line'd as well because of this?? However, the timing was "bang on".

I had discovered the bug around the same time this k-line problem was reported. I ended up forcing the source to seed IPs from some Bitcoin clients that I run on a different network.

Whoops! My bad. I was testing something and it went haywire.

Should see the k-lines lift shortly. Heh.

I'll sell Bitcoins for cash in the mail. It doesn't scare me one little 'bit'. (pun)

PM me for details.

You are preaching to the choir.

Cheers!

Oil is what really backs the USD. (See: "Reserve Currency").

Maybe someday you'll be able to buy/trade crude with Bitcoins.

Another "unlicensed money transmitting" prosecution in the USA:

http://www.scribd.com/doc/28262676/Criminal-Court-Complaint-Michael-Olaf-Schuett-Gambling-Bluetool-Wirecard

Gotta love how they pass statutes that protect big business / banking interests.

Am I just blind or did NLS drop the Bitcoin to USD exchange rate?

Does this mean that I have to take the Pecunix / BC rate to figure out USD?

*moaning and groaning*

Very very nice.

You'll want to renice +20 bitcoin then. I wouldn't dream of sharing a bitcoin in generation mode on a box that was playing videos. Choppy videos annoy the hell outta me.

Also make sure your cpu fans are working, your heatsink is actually on, machine is clear of dust, etc or you might overheat.

Hello and welcome!

Bitcoin is maturing nicely. More and more shops are accepting it as payment as time goes on.

The Atom processor is quite slow. Expect to wait a few days to gain some coins. The generation difficulty has been slowly climbing lately as well so that is also working against you.

Try selling something for coins; that's the easiest way to get them and provide something useful to the Bitcoin economy.

It's ++good!

Nice article.

Welcome to Bitcoin, Derrick.

Haha! I actually have some of my elderly family members using MBC now.

Maybe mum should get 9,000 coins for Mother's day!

We should bundle a snapshot of the block chain with each release of the Bitcoin software to save the user from having to download the entire chain upon a new install.

In terms of trust: The user is already trusting bitcoin.org's download to be valid. Combining the zip/exe installer with a snapshot of the block chain is not a big deal in my opinion. They can publish hashes and signatures to ensure file integrity, etc.

Even in a worst case scenario where the block chain snapshot was compromised nothing bad will happen. The longest block chain always wins. The client would download a new copy from the P2P network. (Besides, if the block chain was compromised we have bigger problems such as the software itself being trojaned, but this is another topic).

It's ++good!

I suspect the transactions would be delayed as the network grows. But really, will it be any slower than a traditional bank wire? I think not.

If you need a speedy payment and don't really care about privacy just send an IP to IP payment. They are "instant". You'd still want to wait a few seconds to a minute for enough nodes to see the new IP to IP payment to be sure those coins weren't previously promised to someone else.

The client is supposed to only create 15 connections outbound and allow 15 connections inbound. However, I have seen more connected clients on my nodes. The connection code seems to be very lenient.

Essentially (in my mind at least) I imagine stacks and stacks of 30 connection "rings" that are interconnected to other rings. A payment that happens on a node in the same "ring" you are in is fairly instant but to propagate the data to other rings may take some time. A million nodes (let's just say) would be 33,333 rings that are all interconnected in a random pattern. Is my vision correct or did I just inhale too many paint fumes today? ha!

That's my 2c.. err 2 Bitcoins.

Hmm.. looks like MBC has PGP-signed email payment notifications. Also looks like they don't require the email address to signup. Maybe they read this forum?

Hey! *waves @ MBC's owners* Sign up and tell us your plans!