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9041  Bitcoin / Bitcoin Discussion / Re: See NOW NOW NOW http://live.twit.tv !!!!!!!!!!!!!!!!!!! on: February 09, 2011, 11:03:31 PM
For those who are new to Bitcoin and would like to learn more:

9042  Economy / Marketplace / Re: Runescape gold on: February 09, 2011, 05:37:07 PM
now you can trade any ammount of gold to anybody. There's no trade limit since last monday

Excellent!
Quote
Players can now be attacked in the wilderness and trade unlimited amounts of wealth. RuneScape players can now buy and sell items on the grand exchange for whatever price they set.
  http://www.examiner.com/runescape-in-national/wilderness-unlimited-trade-return-to-runescape
9043  Economy / Marketplace / Re: Runescape gold on: February 09, 2011, 04:56:31 PM
Hey. I was wondering if anyone here plays Runescape and want to buy some gold for BTC? Smiley

Can the buyer actually use that gold though?  (I've no idea, but after reading this http://bitcointalk.org/index.php?topic=333.0 I am curious.)
9044  Economy / Marketplace / Re: ClearCoin: for safer bitcoin transactions on: February 09, 2011, 03:47:57 PM
Cool, ClearCoin in Polish.
  http://clearcoin.appspot.com/pl

Any other languages that are (or will be) supported?
9045  Bitcoin / Development & Technical Discussion / Re: Crap, I reformatted, did I lose my BTC? on: February 09, 2011, 01:14:52 AM
Use something like Dropbox next time. Undecided
That might just exchange one risk (risk of loss) for another (risk of theft).  If you synch dropbox between your desktop and your laptop or other device, backing up your wallet to dropbox actually might also mean you are propogating your wallet onto your laptop.
  Here's more on safe backup as well: http://bitcointalk.org/index.php?topic=1679.msg29488#msg29488
9046  Economy / Trading Discussion / Re: Legal aspects of bartering; consult the The Barter Network on: February 08, 2011, 09:14:55 AM
The Barter Network provides legal advice, and even IRS forms, for those willing to work with bartering.

Quote
A barter exchange or barter club is any person or organization with members or clients that contract with each other (or with the barter exchange) to jointly trade or barter property or services. The term does not include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis.

Quote
The Internet has provided a medium for new growth in the bartering exchange industry. This growth prompts the following reminder: Barter exchanges are required to file Form 1099-B for all transactions unless certain exceptions are met
.
  http://www.irs.gov/taxtopics/tc420.html

Related:
  http://bitcointalk.org/index.php?topic=2794.0
  http://bitcointalk.org/index.php?topic=2484.msg33597#msg33597

9047  Other / Off-topic / Re: peer2peer file server on: February 07, 2011, 06:42:51 PM
Is there any kind of peer2peer file server? Say we have a few laptops laying about and wish to share/mirror each other's files.

A creates file wishlist.txt
B, C and D all mirror this file on their own hard drives.
B edits wishlist.txt, A edits wishlist.txt and there's a conflict. File splits into wishlist.B.txt and wishlist.A.txt otherwise the file is merged peacefully.
Versioning/ability to revert files .etc Locking file ownership...

It'd be a good collaboration/sharing tool for working with artwork rather than requiring a central server. Git is too restrictive and pedantic for anything outside of code.

Have you seen:
  http://www.foo.be/forban/
  http://wiki.daviddarts.com/PirateBox

[edit] though for versioning, and more specifically merging, this wouldn't help you.
9048  Other / Off-topic / Another Person 2 Person Payments (e.g., PayPal, Dwolla) network: PopMoney on: February 07, 2011, 06:29:30 PM
According to the site, 165 banks are launching "email and mobile payments" through PopMoney  

PopMoney ("Pay Other People") is similar to PayPal and Dwolla  in that you can make a payment transfer to someone else and they receive an email or SMS text with a link to the site allowing the recipient to register and claim the funds.  PopMoney appears to be an ACH-only payment network, similar to Dwolla.  

I wonder if PopMoney might have the benefit, since it is being offered through the bank, that the funding method when sending money is drawn from your balance in your bank account, and thus it clears instantly.  [Update: nope, funds are available to the recipient after the normal 3 or so business days.]   This would compare favorable versus Dwolla which requires that you add money before making a payment or when you make a payment with insufficient balance it takes two to three business days for the transaction's ACH transaction to be settled before your payment is sent.  Sending money with PayPal is instantly available to the recipient, but PayPal floats the funds to the sender until the ACH settlement clears and insures against insufficient funds by way of a credit card backup funding method.
[edited]

Payments made with Bitcoin, of course, can only be made with funds available in the wallet and are "settled" as far as the recipient is concered nearly instantly (6 confirmations is the default for the Bitcoin client).

http://www.bankinfosecurity.com/articles.php?art_id=3329&opg=1

9049  Other / Off-topic / Re: Free merchant accounts for everybody! Square gets $27.5 million funding on: February 07, 2011, 05:53:36 PM
Along similar lines to what Square is offering:

Quote
comes bundled with a Sage merchant account to allow SMBs to expand their payment options by accepting credit and debit cards on 400+ types of mobile phones and computing devices

Quote
Sage Payment Solutions is offering Sage Mobile Payments for a nominal set-up fee, a monthly fee as low as $10.95 and no incremental mobile processing or transaction fees. The product is also available with an optional, end-to-end encrypted card reader (card swiper) [from RoamPay].

I inquired and learned that for Sage's offering the $10.95/mo is for a three year contract.  For a one year merchant account agreement contract the monthly is $13.95/mo.   The rate quoted for a swiped transaction is 1.5% plus $0.20 per transaction. [edited]

  http://www.marketwire.com/press-release/Sage-Launches-New-Mobile-Payments-Product-Says-No-to-Mobile-Processing-Fees-1391443.htm

  http://www.sagepayments.com/Sage-Mobile-Payments/
9050  Bitcoin / Bitcoin Discussion / Re: Bitcoin across the world on: February 07, 2011, 05:06:38 PM
cannot find my IP address on the map [ http://maps.google.com/maps?q=https://smsz.net/btcStats/bitcoin.kml
 ] and had bitcoin online for the last 4 days. does anyone know how frequently the map is refreshed ?
 You may have a marker but your location appears somewhere other than where you are looking.  Have you searched the KML to see if your IP Address exists?
  https://smsz.net/btcStats/bitcoin.kml

Those running mining software only and not running a bitcoin node will not appear on the map.

someone suggested to have a counter to indicate how many nodes are active. that would be very useful.
related to this, does anyone have an idea how many bitcoin users there are today ?

See: http://bitcointalk.org/index.php?topic=3149.0
9051  Economy / Marketplace / Re: BitBet - gambling on upcoming events on: February 05, 2011, 08:57:52 PM
I'd like to bet on Bitcoin difficulty and dollar trading price, 6 and 12 months in the future.

There's a site for that! (at least for the trading price)
  http://wiki.bitcoin-otc.com/wiki/Option_orders#Call_Options_using_ClearCoin_Escrow

oh, and you can wager on the next-month's price level (parimutuel format) this way as well:
  https://bitcoinsportsbook.com/rules
9052  Other / Off-topic / Re: interesting concept, might be suitable for bitcoin merchant on: February 05, 2011, 08:48:26 PM
Not too for from the concept scam that MadBid, BigDeal and Swoopo penny auctions follow.
9053  Economy / Marketplace / Re: Dwolla 1 USD giveway, earn 1.20 BTC on: February 05, 2011, 07:36:30 PM
Got my Dwolla yesterday, so this is still going on.

Yup, there is an offer on #Bitcoin-OTC for your Dwolla.  http://bitcoin-otc.com
9054  Bitcoin / Bitcoin Discussion / Re: How many BitCoin Users are there? on: February 04, 2011, 07:52:34 PM
is that number of nodes online at that time?

I believe it might be the nodes seen over the previous 3 hours, per "update 2" here:
  http://bitcointalk.org/index.php?topic=2346.0
9055  Other / Off-topic / Re: Are You KIDDING PayPal? [Community Help Forum] on: February 04, 2011, 09:08:28 AM
After reading this, I know of at least one person who is likely going to want to start asking for compensation to be paid in bitcoins:

PayPal accounts in India:
  • will no longer be allowed to maintain any PayPal balance in their PayPal account for more than 7 days
  • cannot receive payments greater than $500

http://www.theorangepaper.com/money/changes-paypal-user-agreement-india.html
9056  Bitcoin / Bitcoin Discussion / Re: How many BitCoin Users are there? on: February 04, 2011, 05:26:24 AM

9057  Bitcoin / Bitcoin Discussion / Digital Currency - Legal Property in the UK on: February 04, 2011, 05:06:03 AM
Ashley Mitchell admitted accessing the system belonging to the Zynga Corporation and stealing 400 billion [Zynga poker] chips.

Quote
This shows that the legal regulation and protection of virtual goods and currency, which historically has been fairly uncertain, is evolving fast - driven partly by the boom in virtual goods sales in games.

This case is particularly interesting because it involved a UK court recognising virtual currency - in this case, Zynga chips - as legal property which can be protected by existing UK criminal laws.

The court effectively found that, even though virtual currency isn't real and is infinite in supply, it still can deserve legal protection in the same way as real world currency.
[emphasis added]

  http://www.develop-online.net/news/36921/Zynga-hacker-faces-jail-after-12m-theft

  http://www.npr.org/blogs/alltechconsidered/2011/02/03/133439898/-12-million-in-online-currency-is-worth-how-much
  
  http://www.thisissouthdevon.co.uk/news/HACKER-ADMITS-STEALING-12m-POKER-CHIPS/article-3170994-detail/article.html
9058  Economy / Economics / Ounces of Silver to Buy a Median-Priced Home on: February 03, 2011, 09:44:17 PM


Certain asset classes can vary so widely over time.

Article: Take a look at how many ounces of silver have been needed to buy a median-priced home in the US

9059  Economy / Marketplace / Re: current bitcoin inflation is about 50% on: February 02, 2011, 04:25:27 AM
This is actually not inflation.  It's called disinflation: http://en.wikipedia.org/wiki/Disinflation

This is actually not disinflation.  It's called an increase in the money supply: http://en.wikipedia.org/wiki/Money_supply

So while inflation is not necessarily an incorrect term to use when referring to what an increase in the money supply is doing, it is too easily confused with price inflation.
9060  Economy / Marketplace / Re: current bitcoin inflation is about 50% on: February 02, 2011, 01:40:10 AM
That means that the total amount of bitcoins will double in two years.  Thus 50% a year.

But that is 50% is much less than what we've been seeing so far!

In 2010 the bitcoin currency inflated approximately 100% (from roughly 2.5 million to 5. million).   So, on a percentage basis, the rate of increase of the currency is slowing, from 100% in 2010 to to 50% in 2011.

Very rough year-over-year "inflation" numbers:
2009: n/a
2010: 100%
2011: 50%
2012: 33%
2013: 13%   (Why so low?   Because generation drops from 50 BTC to 25 BTC.)

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