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Disagree. My site has become much more active with the BTC/USD growth.
The key is getting interest and demand from new users. Yes, that drives mtgox price up, but also provides a bigger universe for products/services.
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Look, rather than have 5zillion posts about 5zillion bitcoin variants - i.e. "Better Bitcoin", it's pretty simple. If you want InflationCoin, or CentralizedCoin, or TimedecayCoin, or FlameCoin, or SuperTripleSHA2048Coin then BUILD it. Publish the code. If people think it is a good idea they will come on board.
The fact is that Bitcoin is structurally 90% 'perfect' - different people may want different things from that last 10%, but the fact is most of us accept that and agree to work over time with the small needed enhancements.
These allegedly BetterCoins are just a massive distraction from where the focus should be, nailing down the last 10% of real Bitcoin: fee/spam balance, block size, wallet encryption, other defensive measures (port flexibility, improved bootstrapping/fallback nodes), and thin clients (headers only).
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rather than (Google it) - put (bitcoin.org)
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getting so annoyed at constantly having to refresh pages
Agreed. The new Mt.Gox beta websockets feed was announced weeks ago. I was sure somebody would have coded up a real-time updating NASDAQ Level 2-type market depth monitor by now. If MagicalTux isn't already working on this for the new version of Mt.Gox, perhaps a bounty is in order? +1 real time order book pls |
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Ya, Dollar cost averaging is a good idea in something this volatile.
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Please, just abolish this minimum fee. (If you remove this standard fee policy altogether it would be great too  ) Oh god no, in-discriminant transaction relaying means DDoSing becomes way too easy. Agreed. .0005 sounds about right, maybe a little low. But if it appreciates more then should be just right. |
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I'm as skeptical as anyone about the security/trust issue involved (double-spend card attacks indeed) - but I think you've done great work so far, really impressive. Look forward to seeing future use/enhancements.
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It is a long, slow process. I should know  Basically just be transparent with your users and they will likely give you a try and slowly build more trust. Many start by just sending 1 coin, and then withdrawing it immediately - out and out scam checking. Then they may send the coin back, bet it, and if they win withdraw it immediately. Then slowly they will send larger amounts, checking the withdrawal system often, making sure bets/payoff amounts are exact, etc. Getting a few positive reviews in the forums or other bitcoin related sites helps ( http://www.bitcoinbulletin.com/2011/03/13/bowling-for-bitcoins-meet-the-trader-02/ - seemed to drive some users) - even just a simple 'Ya, I won and I got paid' can really help. Eventually people will start sending 10,50,100 coins or more if they like your service. Good luck with your site. |
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Less than 1,000 from 1st place, gogogo.
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I'll let them comment on why, can't really speak for them.
Sure the fee was low, but if the odds move against you after you bet - that 'low fee' can get very expensive. Most people prefer to have their odds locked in at the time of betting, not subject to change based on what everyone else may do before the game starts.
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The site has been pretty inactive. See my sig for the place to find action  |
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Voted, did not need to login. Up to #7 !
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Great work on resolving the problem and defending subsequent DDoS attempts Tux. This whole event has made me feel a bit more secure with the valuation of BTC. For such an extensive (multi-day) attack shutting down the largest exchange, the price has barely been affected. I was expecting a price dump into the $2.00-2.25 range as a result of people getting scared.
All this DDoS did was allow more time for deposits/wires to be added/cleared. That money is going to Gox for 1 reason only: to buy. So you have several days of pent up demand pushing prices higher. |
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No idea why anyone would play non-heads up at any stakes other than micros. Collusion is way too easy. Even showing all cards at showdown is not enough. You need skilled people reviewing full hand histories, tracking user IDs, IP addresses, etc. This stuff isn't easy and is why large poker sites have huge Security departments.
But hey, it's a start, keep at it.
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the more they fight, the stronger we become.
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Nice looking implementation, well done.
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Seems to be popular, but I wouldn't trust them more or less than the other 14 e-Wallet providers listed on the wiki.
If someone insists on not running anything locally, best to split up the coins between the different eWallets so you don't have all your eggs in 1 basket.
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Agree.. Bernake was a prof at Princeton...hmmmm  |
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Hate this idea obviously, goes against the spirit of the project.
Just put a large 'unofficial' disclaimer on the Wiki and the Marketplace forum that these links/sites are unofficial, not supported or endorsed by the project in any way.
The fact is we should be encouraging these 'unofficial' projects - be it freelance bitcoin blogs or selling tea or local exchange (which may be illegal depending on the jurisdiction).
But a disclaimer stating for people to check the laws in their jurisdictions and that no sites/links are officially supported by the project should be sufficient.
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Bitcoin could be really useful for the CIA one day because it's a good way to sneak money across borders without detection, eg. to pay informants in totalitarian regimes.
In private, the CIA and other secret services may be delighted by the new possibilities a tool like Bitcoin gives them, but that does not necessarily mean that the governments those secret services work for will endorse Bitcoin publicly.
Agreed - but more likely they will pick up the phone to the Treasury Dept, or DoJ, and say 'guess what, you need to update your AML and FinCen rules, and by the way here is a list of American IP addresses to go after" - so everyone use a foreign VPN asap, lol. At least we get a few more months to pump up the difficulty before they try a takeover... |
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