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2001  Economy / Economics / Re: What's up ? Is something wrong going on with BTC market ? on: November 25, 2010, 10:47:19 AM
You can trade via #bitcoin-otc.

However, you have to remember that currency speculation on bitcoin is not often an indicator of bitcoin economy's health status. I mean, 3 new business started up and it barely affected any changes in the price or volume, if any at all.

Yeah, but could we get back on the topic ?


IMHO: Gradually the volume indicator comes to the real consumption of bitcoin in the world. Before that there were 100% speculations.

I second this, unless somebody has better proposition.

But still, i find the not-so-rising  BTC/USD course worrying. This is a deflationary currency after all.

2002  Economy / Economics / Re: What's up ? Is that market stagnation ? on: November 25, 2010, 08:48:48 AM
Nobody is changing their mind whether or not to buy or sell.

Yes, but that probably means something. There must be something deeper than that going on.
2003  Economy / Economics / What's up ? Is something wrong going on with BTC market ? on: November 25, 2010, 08:45:48 AM
There is something weird going on in the BTC market:



The volume constantly decreases, while the price remains unchanged...
What does it mean ? Are we seeing market stagnation ? Or is the bitcoin overpriced perhaps ? Or maybe large speculators wants to fool us into thnking so ?

Can somebody with knowledge of currency markets put this in perspective ?
2004  Bitcoin / Project Development / Re: Bounty for Bitcoin Animated Movie [13622.05 BTC ($2520) and growing] on: November 24, 2010, 10:09:02 AM
Bytemaster is inactive again. He is last seen November 9.

This is at least suspicious.
2005  Bitcoin / Bitcoin Discussion / Re: This really sucks on: November 23, 2010, 12:43:08 PM
Formatting a drive does **not** remove any data.
The data is still there, but in an unorganized fashion.

Any undelete software (example: GetDataBack NTFS) can recover the files. It also works perfectly well on encrypted Truecrypt volumes (checked myself).

Also, one need to be careful when selling a hard drive, because any data, that hasn't been securely erased or filled with zeros, can be easily resurrected.

I red somewhere that the only 100% sure way to erase data on a disk is to expose it to a 1,200°C temperature.


Well FBI / CIA may be able to read the data after you zero-fill it once or twice.

To absolutely securely erase the data, you need to do at least several passes, each writing random data on the drive. There is a specialized software avaiable for this, however You can just use this command several times:

Code:
dd if=/dev/urandom of=/dev/device

on Linux. Just boot up an Ubuntu LiveCD. Replace "/dev/device" with the disk you want to erase (eg. /dev/sda or /dev/sdb).
Of course make sure first if you are cleaning the right disk - any data will be irreversibly lost: You have been warned.
2006  Bitcoin / Bitcoin Discussion / Re: This really sucks on: November 23, 2010, 11:41:14 AM
So today i was messing around with installing linux and accidently killed the partition windows was on.

how happen did you delete your wallet mate Huh
simply renewing windows or formatting drive didnt do that Huh
what actually you were trying to do .

Formatting a drive does **not** remove any data.
The data is still there, but in an unorganized fashion.

Any undelete software (example: GetDataBack NTFS) can recover the files. It also works perfectly well on encrypted Truecrypt volumes (checked myself).

Also, one need to be careful when selling a hard drive, because any data, that hasn't been securely erased or filled with zeros, can be easily resurrected.
2007  Economy / Trading Discussion / Re: mtgox: why only libertyreserve? on: November 23, 2010, 10:55:20 AM
I personnally used LP successfully.

Just bought some coins trough mt gox when they still supported LP.
Didn't try to get money credited back to my account though.

Well, they are probably safe anyway for small amounts. They wouldn't really gain from scamming small traders - it would only create a lot of bad PR on the web for them.

But after reading what bitcoinex said, i wouldn't dare to trade any larger amounts (>$800) with them.
2008  Bitcoin / Bitcoin Discussion / Re: Stating the obvious. on: November 23, 2010, 10:25:02 AM
I'll beg to differ.
Often, people who aren't aware of all the technical internals are able to explain things in simpler ways.

There's a reason why engineering and sales are different jobs Cheesy

+1 (I am an engineer that has worked mainly as salesman. Not everyone is valid to work as a day to day engineer, and not everyone is valid as a salesman).

I mean that the creator will have to show somewhere to speak publicly... An interview would be nice.
A lot of people would like to see the face of the creator. People generally put more trust in things that have a "face" behind them.
2009  Economy / Trading Discussion / Re: mtgox: why only libertyreserve? on: November 23, 2010, 10:18:09 AM
Thanks for the info, bitcoinex.

But i don't think there is an alternative which offers the same level of fraud protection. Why hasn't somebody just opened a service with one time SMS codes like liqpay yet ?

Does anybody know similiar alternative ?
2010  Economy / Trading Discussion / Re: mtgox: why only libertyreserve? on: November 23, 2010, 09:13:03 AM
Liqpay is probably the way to go from all soft money.
It has the best anti-fraud protection. From my googling it seems that it is almost fraud-free.

Thank you for support of Liqpay.com as you know I did try to advertise the service here on forum but almost all forumers were suspicious about its chargebackability and did not trust to service originated from ExUSSR country (Ukraine). I use this service for 1 year now and had no problems with it yet. So if somebody want to give it a try, feel free to contact me to sell/buy bitcoins with Liqpay.

I did a background google check on Liqpay and it seems ok. There is just one guy on some forum who claims he was scammed by them, but i am not sure if i should trust that,
http://exchangemoneyforum.com/entry.php?190-Liqpay-Is-SCAM-gt-gt-gt ,

Because the exchangemoneyforum looks to be scam itself on WOT:
http://www.mywot.com/en/scorecard/exchangemoneyforum.com
And on google:
http://www.google.com/search?channel=fs&q=exchangemoneyforum.com+scam

Also, Liqpay scores good on WOT:
http://www.mywot.com/en/scorecard/liqpay.com

But there is also some guy on WOT who complains in russian that "Money received on account is almost impossible to spend. The same Skype, you can not replenish the account.", but I am not sure what he means by "almost" exactly and I'm not sure i should trust that opinion either.

EDIT:
Did some more checks on site advisors & checked google trends for spikes in popularity:
http://www.siteadvisor.com/sites/liqpay.com
http://safeweb.norton.com/report/show?url=liqpay.com
http://www.google.com/trends?q=liqpay%2C+liberty+reserve%2C+pecunix%2C+alterpay&ctab=0&geo=all&date=all&sort=0
Looks clean to me. Also, it has biggest popularity in Ukraine.
2011  Bitcoin / Bitcoin Discussion / Re: Stating the obvious. on: November 23, 2010, 09:04:39 AM
Perhaps it should be even Satoshi himself or Gavin Andresen
Isn't the time that they spend on Bitcoin itself so valuable that they are the last people who should take on the job of roving ambassador correcting the world's misconceptions?

Fully agree

I completely disagree.

It will never be good for bitcoin PR, if the creators never show anywhere. The truth is nobody can catch the concept & explain the idea better than the creator...
2012  Bitcoin / Bitcoin Discussion / Re: Isn't increasing difficulty a good sign ? on: November 22, 2010, 03:40:57 PM
So :  can I consider the difficulty as a good indicator of bitcoin's popularity ?

Not necessarily.
The difficulty only shows the total computing power of the network, which is rising fast. However, that may mean that only small number of tech savvy people is running more and more clusters & gpu miners...

However I wouldn't treat difficulty as a good factor for measuring bitcoin popularity in general public.
2013  Bitcoin / Development & Technical Discussion / Re: Block size limit automatic adjustment on: November 22, 2010, 02:13:14 PM
I think i agree with caveden - having such an important constant hardcoded in bitcoin may be devastating at some point when the network changes significantly or grows much larger than it is now.
Generally, almost every important value in core of bitcoin algorithms should be a non-constant elastic variable which can adapt to changes.

Anyway, I still really would like to see Satoshi's & Gavin's opinions on this.
2014  Economy / Marketplace / Re: MtGox Merchant Service on: November 22, 2010, 01:13:34 PM
It doesn't require javascript on your site. But there is javascript on our checkout page that the users are sent to.

Some people might use noscript, adblock and other blockers for increased security/privacy.
Have you thought about that ?
2015  Bitcoin / Bitcoin Discussion / Re: One of the most important things Bitcoin needs in order to become mainstream on: November 22, 2010, 11:31:00 AM

I was telling a merchant friend about Bitcoin today.

His first question / concern led me to this suggestion...

____

One of the most important things Bitcoin needs in order to become mainstream for transaction processing...  (besides an Android App that's a front-end interface for instantaneous transactions from phone to phone, using MtGox or MyBitcoin as the back-end...)  is:

A "Recurring Subscription" Feature  -  Automatic Recurring Payments

It might be cool to integrate this feature into the standard Bitcoin App.... as a  "Scheduled Transactions"  and/or  "Automatically Recurring Transactions"

Or, add the feature to web-based transaction sites, like MtGox and MyBitcoin...

I see it possibly working like this, for example:

A Merchant's Shopping Cart, on the Merchant's web site, could  "Request"  a "MtGox Subscription" from a Customer... (upon customer signing up for some service)...

Customer gets notified by email.

Customer must then log in to MtGox and click "CONFIRM" to confirm the new Subscription... thus creating a new Recurring Automatic Payment to that Merchant...of the same amount every month.

The feature You are talking about seems like 50-100 lines of PHP or bash shell code to me.

Why not just write another application which will communicate with bitcoin via RPC ?
If it's so easy, merchants can do it themselves.
2016  Economy / Trading Discussion / Re: mtgox: why only libertyreserve? on: November 22, 2010, 12:27:08 AM
Liqpay is probably the way to go from all soft money.
It has the best anti-fraud protection. From my googling it seems that it is almost fraud-free.
2017  Economy / Economics / Re: When to "move the decimal points" ? on: November 21, 2010, 08:16:58 PM
Actually I think i remember Satoshi or Gavin saying that it actually is a quite easy change as bitcoin was designed so that decimal places can be added indefinately.
Wasn't me.  I don't remember Satoshi ever writing something like that, but I'm really good at forgetting things.

I agree with ribuck, if we ever need more than 21quadrillion bit-atoms, encoding more using the unused high bits in the 64-bit number will work nicely.

That would be a very nice problem to have.


No doubt. Right there with "Oh, no, will all of my yachts fit in my private bay?"

More like "i wonder what colour should i paint my space shuttle ?".
2018  Economy / Marketplace / Re: mtgox, please fix your rounding bugs on: November 21, 2010, 08:06:11 PM
Actually, i think that BC_MATH extension is compiled-in PHP in most Linux distributions.

BC_MATH is widely available, and if it isn't in your distro (or at your ISP) then it's likely that GMP is available. Either of these libraries is suitable for arbitrary precision decimal arithmetic without glitches.

WOW, it's even better than i though.

PHP has actually **TWO** different libraries just for doing arbitrary precision arithmetics ! This is awesome. PHP FTW.
2019  Economy / Marketplace / Re: mtgox, please fix your rounding bugs on: November 21, 2010, 02:28:39 PM
The problem is that PHP has no built-in support for computing with these

Actually, i think that BC_MATH extension is compiled-in PHP in most Linux distributions. If I am wrong, then You will probably have to compile a version with that yourself.
I don't remember ever selecting "bc_math" extension in ubuntu/debian when installing PHP anyway, sho it should be built-in. I cannot confirm this for sure, because I'm not running debian/ubuntu now. Can somebody else confirm this ?

   * bcadd — Add two arbitrary precision numbers
    * bccomp — Compare two arbitrary precision numbers
    * bcdiv — Divide two arbitrary precision numbers
    * bcmod — Get modulus of an arbitrary precision number
    * bcmul — Multiply two arbitrary precision number
    * bcpow — Raise an arbitrary precision number to another
    * bcpowmod — Raise an arbitrary precision number to another, reduced by a specified modulus
    * bcscale — Set default scale parameter for all bc math functions
    * bcsqrt — Get the square root of an arbitrary precision number
    * bcsub — Subtract one arbitrary precision number from another
2020  Economy / Marketplace / Re: mtgox, please fix your rounding bugs on: November 20, 2010, 06:11:20 PM
or indeed, strings, although that makes computation somewhat harder.

...not in PHP.
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