43
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Economy / Trading Discussion / Re: Which Bank Does CoinBase Use ?
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on: May 09, 2014, 06:14:26 PM
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I did ask CoinBase and the rep said he was not permitted to tell me. He said to call my bank and they could tell me where the ACH transfer went. I called my bank and they said they could not tell me and to call CoinBase.
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44
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Economy / Trading Discussion / Which Bank Does CoinBase Use ?
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on: May 08, 2014, 03:22:03 PM
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Which bank does CoinBase use to do ACH transfers with clients? As the US banks have a history of shutting down bank accounts of Bitcoin related businesses, I wonder how CoinBase has been able to avoid the same fate. Any ideas?
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46
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple vs Bitcoin
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on: April 07, 2014, 02:51:37 PM
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With Bitcoin Core installed I can send BTC to anyone with Bitcoin Core installed. Is there a similar client I could install on my computer that would allow me to send XRP to someone with similar client software installed? I'd prefer a simple installer program instead of compiling code and setting up my own server.
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47
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Bitcoin / Legal / Re: Centralized = Eventually Shut Down
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on: March 25, 2014, 06:19:10 PM
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Thanks. I did not know about the java script client. Is there client in the form of a standard Windows application, Linux Application, Mac OS application, iOS app or Android app?
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48
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Bitcoin / Legal / Re: Centralized = Eventually Shut Down
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on: March 25, 2014, 05:03:38 PM
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If I want to transfer BTC to someone I can do that with the Bitcoin Core wallet for example. But with XRP there is no way for me to withdrawal XRP from the ripple.com website. Therefore, if ripple.com is shut down, I will not be able to send XRP to someone else. That's the difference as I see it. Does ripple have any plans to create a Ripple Core wallet to allow XRP to held outside of rippple.com?
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49
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Bitcoin / Legal / Centralized = Eventually Shut Down
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on: March 25, 2014, 12:00:34 PM
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Any centralized system of exchange of assets will eventually be shut down by governments. E-gold is a perfect example. Won't more recent examples such as Ripple eventually be shut down as well?
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51
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Economy / Economics / Factors That Make One Cryptocurrency Worth More Than Another
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on: November 24, 2013, 04:32:19 PM
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
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52
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Other / Politics & Society / Re: Opinion on the US
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on: October 16, 2013, 12:47:14 AM
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As of 2013, the USA ranks 10th out of about 177 countries on the Index of Economic Freedom. See http://en.wikipedia.org/wiki/Index_of_economic_freedomWhile the US used to be higher on that index, 10th place is still not too bad. That said, there are many continuing threats to the US and Americans. Most of the Answers to these threats are in Milton and Rose Friedman book "Free to Choose". See http://en.wikipedia.org/wiki/Free_to_chooseHowever, the American political leaders can not even keep their own government open so I highly doubt they could implement any of Milton Friedman's great ideas. In short, America will be its own downfall. Fiat currency, fractional reserve banking and big government will bring it down. The question is not "if", but "when".
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56
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Economy / Computer hardware / WTS Nexus 7 2nd Generation 16 GB
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on: August 05, 2013, 03:49:52 AM
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I bought a New Nexus 7 2nd Generation tablet last week but have decided to sell it. It's barely used, in original box. Price is 2.47 BTC plus shipping. I will ship anyplace that UPS offers service. Shipping cost is whatever UPS charges. You will be responsible for any customs fees. Specifications, see http://www.google.com/nexus/7/ Screen 7.02" 1920x1200 HD display (323 ppi) 1080p HD IPS Scratch resistant Corning® glass Cameras 1.2MP front facing, fixed focus 5MP rear facing, auto focus Dimensions 114 x 200 x 8.65 mm 0.64lbs (290g) Wi-Fi, 0.64lbs (290g) LTE Battery 3950 mAh Up to 9 hours active use Wireless charging built-in (Qi compatible) Audio Stereo speakers Surround sound, powered by Fraunhofer Processing CPU: Qualcomm Snapdragon S4 Pro, 1.5GHz GPU: Adreno 320, 400MHz Wireless Dual-band Wi-Fi (2.4G/5G) 802.11 a/b/g/n NFC (Android Beam) Bluetooth 4.0 Memory 16GB internal storage 2GB RAM Ports & Connectors microUSB SlimPort™ enabled 3.5mm audio Microphone Power and Volume buttons Sensors GPS Gyroscope Accelerometer Compass Ambient Light
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59
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Alternate cryptocurrencies / Altcoin Discussion / Any Coins With An Incentive To Run The Client
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on: June 11, 2013, 05:55:49 PM
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With BTC there is no BTC-reward for those running the client. Would it make sense to have an alt-crypto that has a random lottery for a small amount of coin to be sent to one of the clients that is running when the next block is found? Wouldn't this encourage people to run the client separately from mining and help the network?
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60
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Economy / Economics / What Makes One Crypto-Currency Worth More Than Another
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on: April 16, 2013, 09:44:38 PM
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What makes one crypto-currency worth more than another?
1) current number of coins 2) maximum number of coins 3) number of people using 4) number and size of merchants accepting for payment 5) active development team of the protocol and wallet software 6) number of exchanges and fiat currencies supported
What else would you say makes one crypto-currency worth more than another?
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