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The cash I sent just arrived in my mail today, marked "insufficient address". So, that's almost 3 months that it was in the postal system.
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I sent $100 cash to Morpheus to convert into MtGox $, but it never arrived. I mailed it from a public mail box, so it wasn't stolen out of mine.
I can't think of a time that I've ever had first-class mail get lost before.
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You're welcome, and my apologies for saying I don't trust you. It was pretty wild when the price spiked to .50, everyone gets emotional when markets are volatile.
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Ok, thanks for your reply. I do wish you had acknowledged the delay and told me whether or not the quote was still good, but I understand how difficult moving is.
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I'm sorry, but I think you're looking at someone else's messages.
You emailed me on Nov 9 at 4:25 AM with a quote of "$20 USD @ 0.27175 - 3% commission = 71.39 BTC" I emailed you back on Nov 9 at 9:54 AM accepting.
You didn't send me the instructions until Nov 15 at 5:37 AM.
(all times are Eastern).
Note that this was around the time it was spiking to .50.
I will be happy to post your PGP-signed messages if you'd like.
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Huh? I don't know what FlyingMoose is talking about. I don't pull any nasty tricks like that. I'm in the process of automating B4C now. Customers will be able to lock in a rate instantly without having to email with me back and forth. I'm sure it will make the experience better for myself and my customers.  You gave me a rate quote of about .27, good for 2 days. I agreed, but you didn't send the instructions until 6 days later (so there was no way I could have completed the transaction within the 2 days). By then the rate had gone down quite a bit. |
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I was going to use his service, but when the market moved against him (we had agreed on a rate) he stopped responding, and then when it moved back against me, he quickly got back to me. So I don't trust him.
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It's working now, so maybe it was an internet glitch or something...
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The site is working now, looks pretty good.
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It would be nice if the site actually worked (currently getting "server not responding")...
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I've done a lot of reading on the forum and never heard of bitcoingateway.com. I tried to go there but it says the server isn't responding.
I wish someone would come up with a *real* solution to buying bitcoins.
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Nope, just within the US.
I'll wait a bit longer though, I don't want to hurt someone's reputation if it's not justified.
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I sent cash in the mail to trade for bitcoins. It's been over a week so far.
How long should I wait before I conclude that I've been ripped off and post a negative review?
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Perhaps it should be a priority to allow a "pruned" chain that just contains Merkle Tree hashes?
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Anyone who really wants to own bitcoins can just buy some. I think you should re-read some of the complaints. It's become very difficult to get USD into the system to buy bitcoins since no one accepts credit cards or paypal to buy them. |
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Just one point, I think Mt Gox charges a trade fee to cut down on speculative trading, I don't think it's related to getting USD in/out.
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I saw a post saying that for 50BTC you could encode something like 300K into the chain (encoded in the to address, the coin would be lost since those addresses don't actually exist). Then just about everyone running the software would be felons.
I was thinking that this is a possible way the government could "take out" Bitcoin.
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So here's an obvious observation. Instead of complicated pooled mining solutions, it would be possible to lower the difficulty and proportionately reduce the number of coins awarded for each generated block.
Currently the difficulty is set such that the target is 6 blocks per hour. Each block awards 50 coins. That's 300 coins per hour distributed to 6 individuals. Suppose the target were 60 blocks and the award were 5 coins per block. It would still produce 300 coins, but they would go to 60 individuals. On average, a given machine would generate 10 times as many blocks but earn exactly the same number of coins. The average time that a new bitcoin user would have to work before generating their first coins would be one tenth what it is now.
It could go further of course. The target could be 300 blocks per hour and each block award 1 coin.
Of course, blocks don't exist just to distribute coins. There may be excellent technical reasons which I'm not aware of which make it undesirable to increase the rate of block generation.
Well they take up bandwidth and disk space... |
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The thing with aluminum is it's like the 3rd most abundant element in the earth's crust. It's the process of extracting it that was difficult with older technology. Gold actually has a rarity. That said, I'm not a huge believer in gold, either. But then I don't have any. Of course, I don't have much of anything, dollars included.  There's quite a bit of gold in seawater, if we found an easy way to filter it out, the market would probly drop quite a bit. Also, I believe there's a significant amount in the earth's core, but we're not currently able to drill that deep. Making gold is like cracking encryption, quite difficult. Finding gold from an alternative source is like finding a defect in the protocol -- much more likely. |
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Guess more poeple could afford a gold tooth crown then.
I guess the main advantage will be in the medical sector.
I think the gold is only a small portion of the expense of dental work, it wouldn't be much different in price. |
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