2 items required:

- eink display
^ display good enough to show QRcodes, eink seems most appropriate
- camera
^ this can be cheap and low quality.

The devices generates addresses and transactions, that's all. Interaction is done via the screen and camera, nothing else.

While I think the various hardware devices are great this is a lot simpler to communicate to people than USB sticks.

It would be simplest to use Android, or something that can run python and use a client that already exists.

I'd like to make such a device but it's beyond me.

I just want to be 110% sure about this - we're just syncing labels which can be used to make a record of what each transaction was and is for, for easier accounting.
Transactions are noted but these can't be abused in any way and private keys aren't transmitted.

Thus, the encryption is there for financial privacy.

Just want to be totally sure that this is what it is?

I'm thinking of using https://labelectrum.herokuapp.com/ to syncronise my labels.

But I don't want to synchronise wallets because I see that as a risk even if its ssyncronisetore encrypted. Are the private keys transmitted or just the labels / history?

p.s. it would be nice to be able to freeze multiple receive addresses in one go by holding the shift and ctrl keys

^ was worse when I had something plugged into the Raspberry Pi hub next to the USB Eruptor. Ran ok for the few days. Now it's crapping out. Very hot to the touch but not sure how much. Have that basic included heatsink on the back but no fan. Don't want to put a fan on it really... noise...

Acceptance is a very important indicator of how well Bitcoin is doing.

However, look at gold. I've tried a few times to see if a shop will accept a gold coin and they never do, or if they do they like to make a fat profit from it. Yet gold is still seen as a currency and countries in particular use it for payments.

The question then becomes,
how much is speculation and how much is real value? That's the hard one to answer. In particular it's difficult to unpick people who have a small store of emergency funds as BTC because it's harder to confiscate than gold for example.

Any ideas on how to import blockchain info into this:

http://gephi.org/

?

( or http://www.tableausoftware.com/products/online - both from http://blog.datamarket.com/2012/04/04/choosing-the-right-visualization-tool-for-your-task/ )

Just making a thread... for future use!

The point I'm trying to make is that debt has been ill advised for a very long time.

 Yes, it has the advantage of making new connections in the financial system but it also allows for ebbs and flows and massive crashes due to the extra linking. Movements like this are natural for any network. When you take out a loan you allow the lender more than interest - but also an extra facet of control that is not at all obvious.

 Unlike Bitcoin, Ripple is based on this same broken system.

 I don't write off advise from a source because that source is unfashionable. All the major religions have something to say about debt. If you want to write off religion as a source for what people thought in the past then there isn't much left in history.

 Science is like a disrespectful brat right now to it's parents which are religion and philosophy. The attitude is slowly maturing.

What I mean is that at a setting of 0.80/-0.80 I find that it tends to get to miss the very small timescale(daily), get it wrong on the short timescale(weekly) but get it right on the medium (monthly) scale.

This is of course very general and it hasn't been tested enough. The short weekly timescale is a shame. For example in the log here I have:



Which of course is the very opposite of what you want right!

Now, come to think of it, I remember why it caught the 70 dip - it was because I manually intervened and then used the bot to buy if anything changes.

I was hoping that I could use the EMA to catch those very large changes and basically create a less speculative more stable level but it doesn't seem to do that and just holding USD would be better at that.

Anyone had any wins with EMA?
Even though it's made losses I somehow how feel safer thinking that something less human is watching some coins for me. I'm not sure if it's too early to say experiment failed.

I did a group buy. I trusted because there was use of PGP and so forth signing who gets what etc.

I did only buy 1 though.

What I don't understand is why people get them. They're about $90 for one and I make about $0.03 cents merged mining off of mine which I expect probably doesn't cover the cost of electric running off a Raspberry Pi so there's need to have use of whatever system it's plugged into or buy more of them.

Surely all these people buying so many of them are making a loss.

It's a funny thing how the mining has changed. We started off in a decentralised manner with everybody able to mine and now it's more a case of - can you find the ASIC cheaper and before everybody else does (BFL probably the winner here).

Anyone with a Erupter seems to me to be supporting the decentralisaton but its at a cost to them. hmm... this is weakening BTC don't we think?

What values do you run it at?
Always seems to buy low and sell high for me... but it did catch the more major dips so far which is handy

Btw, tried from a UK proxy and failed, article is only viewable from outside the UK. Apparently... it's not funded by the license payer! Phew, and I thought it's because the propaganda machine wants to present a different face to home as it does away...
"Three-nil to sterling" "converting life savings into BitCoins to escape Europe’s struggling economy"
^ because Britain isn't Europe, right

"cold, hard PayPal dollars"
^ haha!!

"eye-watering £17 transaction fee my bank demands for transferring a few bits of data across the English Channel"
^ haha! This is what bitbargain is for and transactionwise before that, and CurrencyFair too. It's a good point but we can't fix the banks... we're working on the pressure on them though, PingIt coming out after Bitcoin, lucky coincidence.


" I could leave my computer to “mine” for BitCoins, using its processing power to slog away at the coalface of the BitCoin economy, crunching blocks of encrypted data in exchange for virtual coins like the world’s most tedious version of Super Mario Bros"
^ I liked this

Wow, no replies!?

Ok, let try this. Who wants to earn some coin!

Q: How much would it cost to fix this code and get it running on PHP v5.4:
https://github.com/cdmweb/Local-Exchange-UK

?

I'd like to add that I didn't need a USB hub for a single stick in my Pi... seeing as there was only one of them.

I think it is important to allow people to post competition in other people's threads.
Such free speech and free competition is exactly the sort if thing that enourages the market to be efficient.

It's a brilliant micro case study as to why people should be allowed to do things that are considered rude.
Another example would be standing outside a shop and poaching customers. It appears unfair but actually it is fair if the shop is free to do the same thing back to the poachers.

Being liberal on this is more efficient as it requires no action.
Being liberal also encourages the price to come down, better for consumers. And finally, it's a more efficient market.

In my culture I think it's rude but anglophone countries are particularly territorial and the UK is particularly territorial too. You wouldn't get the same opinion in Romania and probably many other countries (China) so you have to bear that in mind. They would say it's fair game.... no wonder those countries are on the way up.

edit: of course the disadvantage of a separate thread is that people are less likely to find that separate thread so it's worse for the consumer to have that and better to have a free-for-all.
Speak to a shop owner and he might say he's in favor of liberal business... but start poaching customers and all of a sudden capitalism seems to be a bad thing. That's the problem with people, it's all good when it's going there way but then when someone else starts doing the same they want special dispensations. 

There's also these:

http://www.cxss.org.uk/drupal51/node/18

of which the easiest solution with support (in particular for arranging people, rather than just the tech) is:

http://www.cxss.org.uk/drupal51/?q=node/10
and fees to help with that: http://www.letslinkuk.net/practice/online.htm

or self hosting that to save some cash. The advantage of that system is that there's someone there to help set it up, host it (if need be) and be there to help if it's needed.
The disadvantage is that unlike Cyclos it's extremely basic. I'm assured that records can be exported from that system at at later date if needed.

 Last time I looked at LETs accounting systems was a couple of years ago now. What's changed since?

 Ideally we're looking for a way for members to go online, check their balance and pay and be paid easily. I shouldn't need to go into too much detail as to why the idea is to use this rather than Bitcoin or cash other than to say that there is some firewalling to the market this way.

 Last I looked we were going to use Ripple but it was very different back then and I don't want that much ease of connectivity to other markets.

 So what I'm looking for is decentralised accounting.

 Would this be OpenTransactions? Is it stable yet? (edit, update: No, not ready according to the git site) Is it (very) easy to use for old people? How would we handle people who don't really use computers? If so, where would be best to host it? I could pay for a low end server and do it but I'd rather use someone else if possible.

As an alternative, in a simple way Ripple could be used for this couldn't it? Let's say I was treasurer, then everyone would have to trust me with their currency. The next problem would be that I can't change my password and I can't share the job. So I think Ripple is no good (yet?).

 Any solution has to be totally ready as an alternative, in a simple way Ripple could be used for this couldn't it? Let's say I was treasurer, then everyone would have to trust me with their currency. The next problem would be that I can't change my password and I can't share the job. So I think Ripple is no good (yet?). And with a slick interface. There can't be any java interface shernanagans for the users.  

 What about more established online accounting systems? The most important thing is that any data can be exported and migrated to any new system that comes out down the line. Could a group edited Google spreadsheet actually do this since we have such a simple system?

 At the moment they're using one guy who makes a note of everything manually on the phone.

edit:

Just found Cyclos... seems like the best yet?
There's also https://www.community-exchange.org/ but it looks centralised and not making use of cryptography as much as Cyclos.

hmm... shame I can't make use of these low GPU prices... I only have a laptop...

Why would I be needing to run as root even after changing /dev/ttyUSB0 to 777?

hmm...
a great device.

Even better would be the standalone;

same thing with a display that can show QRcodes, a camera and a micro usb port switchable to charge only (no data) mode.

Question folks - which Android app can do offline transactions using QRcodes and a camera?