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901  Bitcoin / Bitcoin Discussion / Re: A new Catchy name for 0.0001 BTC? on: May 12, 2013, 01:45:54 AM
Anyway, I'd say 0.0001 BTC is called "a hundred microBit" or "point one milliBit".

In writing: 0.1 mBTC or 100 uBTC

I agree with this.  Keep it simple.

Agreed here as well.  

Just like we didn't automatically switch to using mBTC once a bitcoin passed parity with the dollar, there won't be any urgent need to jump to uBTC once prices below a single mBTC are more common.
902  Bitcoin / Bitcoin Discussion / Re: Time for a renewed push to get EFF to accept Bitcoins? on: May 12, 2013, 01:13:58 AM
buy a bundle for any desired amount of BTC and putting 100% on charity, assigning everything to EFF.

Ha, nice!

It will be interesting to see how they react to that!
903  Economy / Marketplace / Re: Shorting Bitcoins on: May 11, 2013, 09:02:26 AM

There really aren't too many methods to short.  That's why there is so much volatility -- no way for people to bet against the price increase.


If you look at the beta trial mode that has currently, you can see what they offer.  Coinsetter might be another.    If you have bank (and aren't from the U.S.) you might want to consult as they might offer short selling to you.
904  Bitcoin / Press / Re: 2013-05-10 TVNZ: Kirk Hope on Bitcoin + News Segment on: May 11, 2013, 08:59:08 AM
"We've got some AML legislation coming on the 30th of June"

And he comments on this from an earlier report:

So it looks like NZ is just now going to start requiring KYC.
905  Bitcoin / Press / Re: 2013-05-10 Video: Kashmir Hill's Week Of Bitcoin on: May 11, 2013, 08:42:59 AM
Awesome Stephen, thanks for sharing  Grin

You're welcome.

I now see there is a Youtube version of the same video now as well:

I was looking to see if I could see the firstbits for the 8.846 BTC transaction so that I could see how much fee was paid. 

That would be a good comparison ... since the restaurant takes credit card as well, how much was saved by the restaurant for accepting bitcoins versus VISA/Mastercard/AMEX.
906  Economy / Marketplace / Re: Is anyone buying call options? on: May 11, 2013, 08:18:18 AM
Looking to sell currently.

Wonderful.  You should find plenty of people willing to buy CALL options from you if the premium is reasonable and the coins are secured with escrow (that's kind of the hard part).
907  Economy / Economics / Re: Billionaires hate Bitcoin. on: May 11, 2013, 08:08:14 AM
Billionaires generally own large companies selling real goods

Microsoft sells a metric crap ton load of licenses to the national, state, county and local governments.  Anything that makes taxation harder means a potential impact to tax revenues which, in-turn, causes software sales revenue to those agencies to decline.

Buffet needs Krugman and [edit: economists who think like] Keynes for his portfolio to not blow up.

More importantly, if capital formation can come using bitcoins and cyber-equities platforms (e.g., BitFunder) then why go to work for Gates, Buffet, Dimon, or other companies like Cisco, BN, even.   Why not just pitch, get funded, and rule your own destiny.   Without a steady stream of talent these companies will have to switch to more performance-based compensation which really would introduce culteral and financial changes within these organizations.

They prefer things just the way they are.
908  Bitcoin / Development & Technical Discussion / Re: Bitcoin Client. on: May 11, 2013, 07:58:07 AM
Says I am running 0.8.1 - Beta. Will I need to update anything soon.

v0.8.1 is already able to accommodate the May 15th 2013 hard fork, if that's what you are asking.  Upgrading to v0.8.2 when it is released will be optioinal for you.
909  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: May 11, 2013, 07:56:24 AM
so, when will the sec get the rules done?

The last thing anything near official said "no earlier than 3Q 2013".   Most in the space have concluded that since there's so little activity on the rulemaking occurring now this simply won't happen in 2013.

What is happening is that they are getting the process meted out using accredited investors and then when the rulings come out these companies in the crowdfunding space then will hopefully only need small changes to be compliant with whatever comes out the SEC's pie hole.
910  Bitcoin / Bitcoin Discussion / Re: Can D-Wave be used somehow to crack hash? on: May 11, 2013, 06:34:43 AM
For more info:

Quantum Computers META THREAD Defacto STICKY
911  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: May 10, 2013, 10:36:48 PM
Why do you think it's inconceivable for a bitcoin exchange to operate in the US?

I guess I paint with a wide brush.

One of the allures of a BitFunder, for instance, is that an issuer can register, be listed and complete an IPO in a short amount of time and at little expense.  These factors are nowhere in the list of top 100 priorities for the SEC.    They aren't looking to enable scrappy entrepreneurs.  They are looking to have layers of filters, which is what was more needed before this thing called the Internet enabled individuals to do a halfway decent job of due diligence on their own.

Additionally, one of the allures of investing and trading on an cyber-equities exchange like BitFunder is that accounts are pseudonymous -- so there's no limitation that would restrict investor base to any geographic or jurisdictional boundaries.   There is no way an exchange with anonymous accounts will ever be operating with the SEC's blessing.

What could happen is that an online broker could accept bitcoins as a funding method.  Like e-Trade letting you add funds which are converted to USDs and credited to your account for trading NYSE, NASDAQ and other listed securities.  
912  Economy / Marketplace / Re: Is anyone buying call options? on: May 10, 2013, 09:48:26 PM
I am wondering if anyone is buying call options?(write to purchase BTC at a certain price by a certain date)

Which are you looking to do ... buy or sell (write)?

There is one service that provides CALL options.  There are other financial instruments with leverage as well:

You might also find someone willing to enter a CALL option contract with you over-the-counter but escrow (of BTCs or USDs) is recommended unless you are trading with a trusted counterparty.
913  Bitcoin / Development & Technical Discussion / Re: Sending coins to trash -- probably the biggest threat to bitcoin on: May 10, 2013, 09:37:04 PM
figure out at what point it would make sense to add more decimal places in order to avert an inflationary spiral that will eventually result from lost coins

Did you mean to write deflationary spiral?  Or??

Anyway, adding more decimal places doesn't create more coins.     The same amount of money exists with $1 as does with 100 pennies.
914  Economy / Services / Re: A new job on: May 10, 2013, 09:25:31 PM
Here is a new job for you guys:

You should also add those to that site's Twitter account to get additional exposure.
915  Bitcoin / Press / Re: 2013-05-10 Video: Kashmir Hill's Week Of Bitcoin on: May 10, 2013, 08:06:58 PM
Additional links on her Week Of Bitcoin series:

 - (Week Of Bitcoin Series Of Posts)
 - (Further discussion of the series)
916  Bitcoin / Press / Re: NEW articles in Press Forum on: May 10, 2013, 07:53:23 PM
2013-05-10 Video: Kashmir Hill's Week Of Bitcoin
917  Bitcoin / Press / 2013-05-10 Video: Kashmir Hill's Week Of Bitcoin on: May 10, 2013, 07:52:58 PM
Video: Kashmir Hill's Week Of Bitcoin

Forbes writer, Kashmir Hill, invited Bitcoiners to join her for a dinner at Sake Zone in San Francisco to celebrate the conclusion of her Week Of Bitcoin series.   In her video she interviews some of those who joined her.

918  Bitcoin / Meetups / Re: [ANN] Going to Bitcoin Conference 2013 San Jose, CA (Rollcall & Hotel Choice) on: May 10, 2013, 01:39:05 PM
bar raids sounds great.

Would someone coming from where NEFT is sold (e..g, Europe) be willing to pick up and deliver a bottle can drum barrel (1 Liter) of NEFT?  PM me please if interested.  This is solely for me to further my research into ways that Bitcoin is being marketed, of course Wink  :

919  Bitcoin / Bitcoin Discussion / Re: Is my bitcoin wallet address traceable back to me? on: May 10, 2013, 03:35:09 AM
I am just now learning about and using bitcoin. So my question is, if I want to publicly display my bitcoin wallet adress somewhere to receive monies (BTC) is there any way for that wallet address to be traceable back to me and they can find out who is the owner of that BTC wallet address?

Every Bitcoin transaction is traceable.   If you publicly give out a Bitcoin address that makes it even easier to tie that address to your identity -- especially is that "public display" is on a web page indexed by Google or some other search method as then it is as simple as Googling that address. 

For improved privacy, use a different Bitcoin address for each transaction (i.e., give out the address for each request).  There are techniques to obtain =an even greater level of privacy (e.g., shared send from, or mixing service).
920  Bitcoin / Development & Technical Discussion / Re: Sending coins to trash -- probably the biggest threat to bitcoin on: May 09, 2013, 10:21:51 PM
I'm afraid it's not quite that simple... So, assuming that the BTC-based economy will eventually flourish, can you imaging the ripple effect an act of trashing a single bitcoin could have on that economy?
You have an imagination of some sort techno-taliban: like if dynamiting the Buddha statues would damage buddism.

This recurring and overblown worry about lost coins has me wondering of the source.  

I'm presuming this has little to do with truly protecting bitcoin, but instead is all about getting a foot in the door with some method of demurrage (call it reclaiming of "lost" coins or whatever).   Get that implmented and then a protocol change for currency inflation or some type of taxation is just an incremental step further.
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