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1061  Economy / Service Announcements / Re: Bitmit - Bitcoin shopping mall (Translators wanted) on: February 08, 2013, 07:49:39 PM
Feature requests: Notification when you get a bid on your item.
auto prompt for feedback.
add item too watch list
update faq with items not allowed to be sold.

thanks uk1


Haha lol. Didn't you notice: There are no bids on items. Filter for auctions and search for "0 Bids". There is almost no auction that is not highlighted by your search.
I assume "hot auctions" are auctions with bids but these are only some 5, most with just one bid.

Feature request: Incentive to get many bids aka to offer below price.
1062  Economy / Service Announcements / Re: Bitmit - Bitcoin shopping mall (Translators wanted) on: February 08, 2013, 06:44:19 PM
flowthis has 2 transactions. one is that he won one of my auctions. he did not give me an address or pay or reply to any of my messages within 2 weeks and i could not cancel the auction neither. This item is still dangling around and after I told him to not send any money cause I burned the books, he gave me a negative rating ("come back").

Hey, thank you *****! I would like to get rid of this old old item in my sell area (sold) that I have no need for and I would also actually want to get rid of that ridiculous negative vote. Anyway I hope there is some better way to handle things with people that don't react.
1063  Other / Off-topic / Re: Bitcoin memes! on: February 07, 2013, 05:04:43 PM


Ohhhh yeah, Jesse Pinkman Smiley
1064  Bitcoin / Press / 2013-02-07 Cabume - Amazon's new Coins on: February 07, 2013, 12:31:24 PM
Sorry for yet another mention of Amazon Coin but the article (like others) mentions bitcoin and I want to keep record of that quote:
Quote
Obviously some of this has happened, but the dream of virtual currencies have either remained niche (such as Bitcoin) or crashed and burned (Beenz). But this could be about to change with Amazon’s launch of Coins, a new currency/loyalty scheme aimed at users of its Kindle Fire.
http://www.cabume.co.uk/blog/amazons-new-coins-why-banks-and-governments-should-be-worried-about-the-new-currency.html
1065  Bitcoin / Bitcoin Discussion / Re: "Introducing Amazon Coins: A New Virtual Currency for Kindle Fire" on: February 07, 2013, 11:48:34 AM
Am I the only one who thinks this kind of thing is good?

This kind of "store credit" with a static exchange rate is the best way to avoid bitcoin's scalability problems.

Imagine one Facebook Bitcoin wallet. Now shops that also have such a wallet would be able to interact without going through the block chain.
Having a hosted wallet with every shop would not make that much sense. Sure, for Amazon it would work but not for my bakery or other small entities.
1066  Bitcoin / Bitcoin Discussion / Re: IndieGogo campaign could be completely replaced by Bitcoin on: February 06, 2013, 06:40:38 PM
Edited the title by request from MNW.

If I find the hidden camera that overlooks my desk gleaning my notes, I'm goin' smash it.

Here's my charitable busines model I was going to propose in the near future, but might as well do it now.

With Bitcoin 100 acting as the driving force for this soon-to-be ongoing campaign, site owners could install a donation button, soliciting donations for their favorite NPO/NGO. By doing such, they can earn up to a 10% referral fee of all donations collected, with 100% of the rest of donations going toward their non-profit of choice. Bitcoin 100 receives no fees as the acting liaison between all concerns, for we would be self-supported.

Improve upon that model!

~Bruno K~

Good idea. Would the people donating know if there is some referral involved? Guess not, else they would find ways to donate without referral.
1067  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: February 06, 2013, 11:37:14 AM
I am extremely sorry for the downtime everyone. It was an issue with the database SQL server (not the database itself) not a security issue.

The site still relies on one MySQL server for some database lookups (the actual backend is ndb with data split across 4 servers but all sql queries still route through one mysqld instance) unfortunately when this crashes it brings the site down with it. In order to provide tolerance of this event happening again load balancing between two mysqld instances is needed but there is one innodb table that is preventing this switch currently. My top priority is now to get the innodb table migrated across to cassandra and get two or more instances of mysqld running.


Hi Piuk,

not sure if I'm reading this thread right but did it take you 6h to get aware of your >1,000,000Ƀ/month processing site being down? Naively that would calculate to 8,000Ƀ being sent later than planned which can be super annoying when you meet for a trade in the street. (Maybe MyWallet was not affected but the response time might be the same.)
Do you use some monitoring like zabbix? You or one of your technicians should get an SMS within a minute or five and not rely on somebody eventually looking at the forum.
1068  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: February 06, 2013, 10:41:20 AM
Hope our coins are safe!

The incentive to poison the code is huge but a hacker that brings down bitcoind without poisoning the code would be pretty stupid.
1069  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 06, 2013, 10:19:34 AM
I think the bids and asks around the equilibrium, or a few hundred coins at either side, is most relevant. Offers further away, small or large amounts, are not so relevant.

If I have money on MtGox, I can move it to wherever I see fit within minutes. That is why I think all the market depth + all the coins and dollars in the wallets there are very relevant. I would never lend my money to MtGox if I wouldn't have the plan to use it there within the next weeks.
1070  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 05, 2013, 11:43:07 PM
It could be placed there so that everyone starts speculating that its probably a fake wall... cuz no way in hell would anyway want to make millions using bitcoin sell that much bitcoin.... and then they take it away so all the bulls can be like "See it was fake, guess now is a good time to buy!"

I would like to know how many BTC and USD, EUR, ... are at MtGox. Walls like that show that people really trust Gox enough to leave money there that they don't intend to trade (assuming he didn't send it there to show a wall and withdraw it immediately). The +-$2 range is not all there is lurking around in Gox market depth.
1071  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 05, 2013, 10:50:39 PM
To big player(s) ->  Chicken, buck buck buck. Grin

Early adopters might take a loss of some k$ if only they win their $100 bet. "I told you I can!"
1072  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 05, 2013, 09:13:05 PM
Today is the official global scare wall my ass day.
1073  Economy / Web Wallets / Re: Bug Report on: February 05, 2013, 08:44:25 PM
I have a feature request. Could you please be slightly more verbose about all the charts? Could you please add a chart that shows the count of addresses that actually hold coins?

I will add this chart and the one suggested previously at the weekend.
Thanx Piuk Smiley You really rock! I wish I had time and motivation to get my hands dirty with the block chain.

Would it be possible to have a similar chart but only count the number of addresses that hold a balance above a certain threshold (e.g. only count addresses with 1 btc or more). If the threshold was user configurable that would be perfect.
Good idea. Guess to be consistent with the other graphs this will be more like >1cɃ, >1Ƀ, >100Ƀ
1074  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchange Fee's? on: February 05, 2013, 08:40:32 PM
I think credit card transaction fees are around 2-3% so I'd guess the fee for buying BTC with a credit card would be 4-5% if it ever became a reality.  I highly doubt credit card companies would protect people running bitcoin exchanges from chargebacks though.

Another option is https://localbitcoins.com/ - LocalBitcoins lets you search for people in your area who are selling coins so you don't have to deal with online exchanges, moneygram, bank transfers, etc.  The downside is that you need to find someone in your area (could be hard depending on where you live) and that it seems like a lot of people on that site charge huge fees.

I tried to charge huge fees, too until I couldn't wait anymore. Then I accepted some 5% offer and reduced my fees to 0%. Now people queued up.

I really hope localbitcoins doesn't turn greedy and stays as a low fee high anonymity platform for those who are flexible.

Doesn't that guarantee you have a loss? Assuming you buy those coins back from an exchange, you'll have to pay their fees. And that's before taking in the risk that the cost to buy them back rises? None of that is an issue, of course, if you are just looking to get out of bitcoins and someoe else is looking to get in. Then everyone saves on fees.

That's my point: If you have no time, you accept the fees of market makers. If you have tons of time, be an expensive market maker, too. If you have somewhat time, act as a really cheap market maker.
1075  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: February 05, 2013, 01:39:58 PM
I have a feature request. Could you please be slightly more verbose about all the charts? Could you please add a chart that shows the count of addresses that actually hold coins?
1076  Bitcoin / Bitcoin Discussion / Re: Only 50k unique addresses? on: February 05, 2013, 01:35:03 PM
since this chart goes down as well as up it can only be interpreted in a way that it isnt all-time but unique addresses used within a certain time frame - for blockchain.info thats very likely 24hours.

My interpretation was "used" means "hold coins".
Looking at "all time" and hovering near the beginning, you get 1 and then 0, so I guess fornit is right. Gnah. I would love to see much more text for almost all the graphs at least to tell what they are but also to maybe tell what the author thinks they are good for.

Edit: Ok, then where is the chart that shows what I thought this chart would show?
1077  Bitcoin / Bitcoin Discussion / Only 50k unique addresses? on: February 05, 2013, 01:19:26 PM
According to this chart only 50k addresses are in use right now. Does this imply that most people use hosted wallets?

How can this value change from 34k to 47k in just 1 day? Is my assumption a good one that there are less than 0.3 wallets per unique addresse (minimum of a weeks unique addresses)? I would guess there are less than 10k wallets.

For me these numbers are scary. I do believe that there are 500k bitcoiners but that would mean that 490k of them trust some hosted wallets. Even if only 450k trust hosted wallets that's scary.

The good thing is that pruning will shrink the 4GB blockchain to 50MB.
1078  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchange Fee's? on: February 05, 2013, 09:22:23 AM
I think credit card transaction fees are around 2-3% so I'd guess the fee for buying BTC with a credit card would be 4-5% if it ever became a reality.  I highly doubt credit card companies would protect people running bitcoin exchanges from chargebacks though.

Another option is https://localbitcoins.com/ - LocalBitcoins lets you search for people in your area who are selling coins so you don't have to deal with online exchanges, moneygram, bank transfers, etc.  The downside is that you need to find someone in your area (could be hard depending on where you live) and that it seems like a lot of people on that site charge huge fees.

I tried to charge huge fees, too until I couldn't wait anymore. Then I accepted some 5% offer and reduced my fees to 0%. Now people queued up.

I really hope localbitcoins doesn't turn greedy and stays as a low fee high anonymity platform for those who are flexible.
1079  Bitcoin / Bitcoin Discussion / Re: How to tell Iran customers to get Bitcoin to pay the bill? on: February 05, 2013, 09:13:07 AM
Iranians should run VPN services for Bitcoins, so we can all get Iranian IP addresses to run Bitcoin nodes on.
Then the Iranian Bitcoin scene will look much bigger than it is - and some Journalist will hype it.. and then..    I dunno.. we all get thrown in jail or something.

There are iranian proxies, if you are interested to see how the internet looks from within the embargoed mullah state. Most Iranians surf on external proxies to precisely not see this shit.
1080  Bitcoin / Bitcoin Discussion / Re: Bitcoin and gold hoarders on: February 05, 2013, 09:09:57 AM
Does this mean you are 100% invested in them? No diversification? No hedging of risks?

aka (gasp) a hoarder

 Cheesy

If I have 100% in $$, am I a hoarder?
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