And what is BitDex?
Also Matthew, what's the BitDex? The first thing that came to my mind when I read that was PokeDex...
Hehe. Exactly. Think Pokedex, but for Bitcoin (and a lot smaller, sleeker, and it doesn't talk to you everytime something happens). BitDex is just a codename. We aren't releasing the real name until the product is ready for production for obvious reasons. We were working on "Bitcoincard" long before Bitcoincard was working on Bitcoincard for Bitcoin. We're almost ready to present but I have to say, I don't see Bitcoincard as being much of a competitor. Ad-hoc is interesting and all, but it's not practical for the kind of features you'd need in a bitcoin wallet device. We're going full retard with Bitdex though. (Unfortunately, it will need to be charged unlike the black magic bitcoincard, but perhaps when such a technology actually exists to charge the device constantly, we'll release an upgrade) |
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@MoonShadow how about using orbot to start from somewhere ? You made some very good points there but with enough time solutions will come to fill the gaps. Sure, you could use a bitcoin client that exclusively uses Tor to hide your transactions, but you still can't be certain that the phone company doesn't already know what your addresses are. Android clients are going to continue to be a huge part of the bitcoin economy, this is true. However, so will stand-alone hardware devices like this one. We seem to have a bunch of naysayers on this forum with little real knowledge about digital telemetry repeatedly declaring either 'un-possible!' or 'no one would want one'. I want one. Hell, I want six for my family, and I'd start to give them to family members for presents instead of gift cards. Can you see a future wherein a teenage daughter says, "Dad, can I borrow your keys and your smartphone? I'm going to the mal- *cough* library." or "Dad, can I borrow your car keys and a few bitcoin for my card?..." Then you'll love BitDex. |
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I'll have the announcement tomorrow everyone is waiting for.  Is the announcement going to be that there's going to be a big announcement next week?  Is that the announcement everyone is waiting for? |
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Bottom line folks, advertising this as a stand-alone device but in reality requiring the operation of another physical node is downright retarded.
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Well, at least I got my Coineer magazine now.
So it did end up being the first physical bitcoin magazine after all...
If all you wanted was toilet paper, I could have sent you a roll. The week. It is almost up.
I'll have the announcement tomorrow everyone is waiting for. |
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This can't possibly be a real product:
- It would take another 50 years of research to get a battery capable of being that small with any amount of charge.... More likely you would need constant "solar" input which means holding it up in direct sunlight as you do everything such as type on the back (where you cant see the screen anymore?)
- If it needs constant sunlight for all its peer to peer action going on, that means custom hats as well. Or the really cool "makers"/people will tape it to their hair and existing hats
- Any "real product" you have seen of this already is going to be stripped down bullshit with only basic screen and keyboard functionality, wireless communication is way too power hungry to ever work off any kind of battery they could fit in there.
If you invest in this... You will lose your money. Unless you wait the 50 years or so years required for better battery technology. Batteries have been the bottleneck in most mobile electronics for years now.
Couldn't agree more. I applaud the direction they're going but it's a combination that doesn't make sense and basically pics or it didn't happen. |
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With ~8 hours to go, your odds of winning the pot are now:
1/802
Good luck to everyone who has already purchased a ticket. Better hurry if you haven't bought yours yet!
I bought 801 tickets. What are my odds? |
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Guys, you're asking all the wrong questions. Who cares if Charlie said it's real. Who cares if it is real. The questions you should be asking are: - If it's real, why isn't anyone talking about the functionality?
- Why isn't Charlie beaming about the bitcoin sending functionality?
- Why isn't anyone bothering to talk about how ridiculous the ISM band is?
- Why does anyone believe that it will have enough energy to not need a charge?
- Why does anyone believe that it would have enough energy to use that radioband constantly and not need a charge?
- At what point does it connect to the blockchain and actually update?
- Does anyone actually believe that just because it doesn't allow software and uses an ad-hoc network, that requiring an additional custom node to connect it to the internet makes any sense at all?
- At what point does it connect to the blockchain and actually update?
- At what point does it connect to the blockchain and actually update?
- And most importantly, at what point does it connect to the blockchain and actually update?
3 people with this and no one with the internet != Bitcoin. As the inventor of a similar yet less overly-hyped device, I say it doesn't have a chance in a real world but it's an AWESOME technology just the same and I applaud the show, but I don't see it becoming anything more than that honestly. |
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What about: Oh its for real! I was playing around with it at Future of Money Summit on Monday.
I know, I know. It's a neat gadget I bet. But I would think that with all the bitcoiners that were using it and actually meeting with the developers that they'd even mention one single detail in praise of how bitcoin can be sent through it, wouldn't you? It seems like it's a device that was created as a prototype at one point (probably sometime last year) and then bitcoiners picked up wind of it and someone convinced them to start developing it for Bitcoin (I bet I know who too  ). |
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Thanks. It does sound like a pipe dream, but I hope they can make it work!
Judging by the technology they claim they need to make it function, the method they're using to transmit, and the slightly over-the-top claims, I'd say it's highly unlikely in succeeding in this form and that they don't actually have a working system yet (or else we'd be hearing about how people were using it to send bitcoins at the conference etc) |
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I feel like the winner of Satoshi Superstars is going to be the last man standing.
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Ok, I can't watch the video right now. Can someone give me a quick summary of what the card does?
(I hate it when companies release promotional videos without also explaining the content of the video in text form)
The video has absolutely nothing to do with Bitcoin |
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Poor Atlas. He has no idea how obvious he is.
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Charlie said he used the device, he didn't say it even sends/receives bitcoins. It's a really cool concept but it's not going to work for bitcoin, and the fact that it won't work for Bitcoin is probably why you don't see anything on their website but a video that doesn't refer to bitcoin at all.
Correct me if I'm wrong but Ad-hoc Bitcoin blockchain is MintChip.
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I don't know who Atlas is but I'll take this as a compliment.
Definitely something Atlas would say, Atlas. |
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Money emerge naturally when two kids play with collectible stickers.
Fire emerges naturally when two kids play with matches. Babies emerge naturally when two kids play with each other. And that's why I was never allowed to walk Susie home from school...ever again |
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I'll take 100 separate 1 pixel banners.
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This thread is a bit creepy in nature. I suggest letting it die.
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Isn't it remarkable how a newbie with only 8 posts can so quickly find the topic about him? Seems almost as if he's not a newbie....
No matter how clever people think they are with fake personalities, avatars, names and faked speech styles, their reactions and insights cannot be faked.
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