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1261  Bitcoin / Press / 2012-05-06 Bitcoin for Beginners on: May 08, 2012, 02:58:57 AM
Bitcoin for Beginners – The Ultimate Offshore Bank Account  (audio)


On this radio show you will learn:

Bitcoin – What It Is and Why It Matters (right click to download .pdf)
how to be your own bank
how to increase your financial privacy
how to buy and sell bitcoin
how to store money in your brain
insider secrets of transacting with bitcoin
get some FREE bitcoin!
1262  Bitcoin / Press / Re: NEW articles in Press Forum on: May 08, 2012, 02:55:27 AM
2012-05-07  Hard cash: Will Bitcoin, the world of virtual money, work out in the long run?
1263  Bitcoin / Press / 2012-05-07 Hard cash: Will Bitcoin, the world of virtual money... on: May 08, 2012, 02:54:56 AM
Hard cash: Will Bitcoin, the world of virtual money, work out in the long run?

Yin Yeping


Now there are hundreds of websites worldwide doing business related to Bitcoin. Bitcoin is also in China after a Bitcoin fan named Yang Linke established a Chinese website for it, offering exchange services between Bitcoin and the yuan for online users.


"There are almost 300 machines connecting to the Bitcoin network from inside China," Norman added. Yet Norman has his own thoughts on the currency's future in China. "Users in China have no way of paying or accepting payments without incurring huge fees and chargeback costs from services like VISA, MasterCard and PayPal," he said.

1264  Alternate cryptocurrencies / Altcoin Discussion / Re: says "Solidcoin" on: May 07, 2012, 04:22:10 AM
I'm wondering what the hell an 'account' is in the microcash context.
Does this mean one needs to have a defragged wallet with all coins controlled by a single private key in order to stop the smaller inputs from being whittled away to nothing?

Not that bitcoin is ideal for microtransactions  - but so far it sounds like microcash is very microtransaction unfriendly...  and heavily into taxing the poor.

Looks like both the 'micro' and 'cash' parts are misnomers.  wow.. and I thought soiledcoin was as tragically comical as it could get!

1265  Bitcoin / Press / Re: NEW articles in Press Forum on: May 07, 2012, 02:20:17 AM
2012-05-06 The future of electronic currency

1266  Bitcoin / Press / 2012-05-06 The future of electronic currency on: May 07, 2012, 02:19:15 AM
Not a 'press' hit, but in keeping with the original 'press hits and notable sources' thread
- this qualifies as a notable source from  Matthew Green - a cryptographer and research professor at Johns Hopkins University.

The future of electronic currency

Matthew Green

I'm a big fan of Bitcoin (from a technical perspective), but it has a few limitations that make Bitcoins a little bit less private than real e-cash should be.
1267  Bitcoin / Hardware / Re: ZTEX USB-FPGA Modules 1.15x and 1.15y: 210 and 850 MH/s FPGA Boards on: May 07, 2012, 01:08:58 AM
Unfortunately the  1.15y comes in well over the $1000AUD threshold for import to Australia without incurring customs duty and GST.. so I'll be holding off on this until the price for a quad comes down quite a bit.
I'd love to see more motherboard/daughterboard arrangements in FPGA offerings (e.g like the btcfpga quad) so that small scale miners can buy in multiple small-value shipments and build up some gear without paying too high a premium.

1268  Alternate cryptocurrencies / Altcoin Discussion / Re: says "Solidcoin" on: May 07, 2012, 12:50:07 AM
Every day every account takes a half cent (0.005) to cover the operational costs

So uhh..  physical coins such as the Casascius coins are a no-go for this microcash thing eh?

1269  Alternate cryptocurrencies / Altcoin Discussion / Re: RFC: Coin with elastic block reward? on: May 07, 2012, 12:24:14 AM
So i always thought the idea in SC of modifying the block reward based on difficulty was pretty good.

Can you explain what's good about it?

It may just reflect my distaste for the farce that is SC  - but the idea of modifying the reward based on difficulty strikes me as another pointless marketing wank.

Doesn't changing the reward kind of defeat the purpose of the difficulty adjustment anyway? What exactly is changing the reward supposed to achieve?
It seems like this will just make the thing harder to reason about and predict.
I don't even get whether you want more coins per day when more people jump in, or less per day. Either way - I don't yet see the point.

1270  Other / Beginners & Help / Re: Bitcoins stolen from MT Gox - THEY COULD NOT CARE LESS on: May 05, 2012, 04:56:37 AM
My account, with a strong password, was compromised due to the insecurity of their systems, but they refuse to accept any culpability or responsibility for my loss.
My guess is your password was compromised by phishing. These phishing emails are very realistic looking, I nearly fell for it myself. Check your inbox for any emails appearing to be from MtGox, and see if there are any links to .ru domains.

Quote from: Trickle
.. I found out after receiving an email to say that my account was up for review...
screams phishing victim to me.
1271  Other / Beginners & Help / Re: Buying BitCoins In Australia ??? on: May 04, 2012, 02:57:48 AM

1272  Bitcoin / Press / Re: NEW articles in Press Forum on: May 04, 2012, 01:44:17 AM
2012-05-03 Bitcoin strippers tell all
1273  Bitcoin / Press / 2012-05-03 Bitcoin strippers tell all on: May 04, 2012, 01:43:33 AM
Bitcoin strippers tell all

Chase Hoffberger

She's one of many r/girlsgonebitcoin girls who also post pictures on non-bitcoin subreddits.

"I really don't do this for the money," she wrote. "It would be a very inefficient and slow going way of earning any significant amount."


"That's one element that many people don't know, that we actually tip each other," she wrote. "I follow what a few other girls are doing, and at least in my experiences, I haven't seen any competition. There's a lot of community support considering how new the subreddit is."
1274  Other / Meta / Re: Unjust scammer tag on: May 01, 2012, 07:50:50 AM
Either we do the right thing on our own, or we have masters compel us to do it.  Having masters = total failure.
We are betting that someday most will choose freedom and make friends as we “wheel and deel” in the bitcoin market place and out.

I love your perspective.
Unfortunately a certain percentage of people are sociopaths like bulanula. The least we can do is make it clear to these idiots that their pathetic justifications won't fly. It would be a failure to let them get away with poisoning the general bitcoin culture with a 'tough luck' modus operandi. 
If they want to 'roll like that' - they should go set up a sociopath's trading community and stop being grubby little stealth-vampires upon the rest of us.
1275  Other / Meta / Re: Unjust scammer tag on: April 30, 2012, 01:57:23 AM
You have absolutely earned the scammer tag.

Not refunding in this circumstance is so far outside of normal ethical business practices, that unless upon every transaction you display a giant warning to the effect that you operate in this manner, you're guilty of running a business in a manner intended to allow you to continue to be an opportunistic thief.

Knowingly retaining money received by mistake is larceny.

You're a whiny little thief and I hope you're driven out of the community.

1276  Economy / Web Wallets / Re: - Bitcoin Block explorer & Currency Statistics on: April 27, 2012, 02:03:58 AM
  • On the request bitcoins page; there is a QR code shown.  Which QR code is it though?  i.e. Which address -- or more importantly which label?  Clicking on it simply shows exactly the same QR code at exactly the same height.  What's the point, I already had the code on screen?  Why not show some more useful information in that popup?
I agree. I really want to know the address: sometimes the device I'm paying from doesn't have a QR code reader. Also - the ability to flip to other addresses should be launchable from this screen. As it stands I have to go back, then hit the context button to get to the address book.

  • On the send bitcoins page; suggest a slight reorg.  Leave the balance where it was on the main page, i.e. at the top (in fact I'd even suggest just replacing the transaction list with the send dialog).  Add a "lookup" button in the "pay to" box, that goes to the address book.  Without this I have to remember that when I want to send coins to someone I know, I shouldn't press 'send bitcoins'.
Yeah.. some easy way to get to existing addresses here is a must for usability I think.

  • A second reorg suggestion:  any field that wants a bitcoin address should have a button to go to "fetch address" mode.  That would have a "qr" and "address book" button.  At present the QR button is not visually associated with the address field.
This is a 'nice to have' for usability... but for me the other items on this list will have bigger impact.

  • In the currency calculator; how about making the non-BTC currency clickable to temporarily use another currency?  Bitcoin is so international that I can well imagine paying for something in USD one day, and GBP the next.  It's an inconvenience to have to go back to the main screen to change default currency; and I don't even want to change the default currency, I just want the calculator to switch currency temporarily for this transaction.

This has already bugged me a bit. I like to keep the default at USD because I tend to think in terms of mtgox USD to work out how bitcoins are doing - but I'm mostly going to be using AUD for a transaction calculation.

1277  Economy / Web Wallets / Re: - Bitcoin Block explorer & Currency Statistics on: April 24, 2012, 12:47:00 PM
I had a bit of a disastrous attempt to demo the wallet to someone on the iPhone today.
Firstly - when creating a new account, it kept saying that I had already recently created one from this IP address.
I think I initially entered a password too short, and might have got a captcha wrong - but the result is.. a minor mistake like that and you're pretty much locked out for a while from that device.  
I ended up using a second device to set up the wallet from within a browser..and then paired it..  but this sort of defeats the purpose of having a 'new account' button.   Something about the process just isn't quite right. It seems to generate a wallet in the background even if the app thinks it failed.

Once I finally had an account - I then wanted to send some bitcoin from my blockchain wallet on an Android device to the blockchain iPhone wallet.
Upon scanning the QR code that the iPhone displayed - the android device declared that it was an 'invalid URI'.  Bit of a showstopper that.

Anyway.. I'm very pleased to see a full wallet on the iPhone, but there are some bugs to iron out it seems.

Also - the initial display of 'No Data' gives the impression of some sort of error. I'm assuming this is what displays initially simply because there are no transactions.. but it's not a very user-friendly screen. It gave the person I was demoing to, the feeling that something was broken.
1278  Bitcoin / Press / 2012-04-24 CoinLab Attracts $500,000 in Venture Capital for Bitcoi... on: April 24, 2012, 06:36:41 AM
CoinLab Attracts $500,000 in Venture Capital for Bitcoin Projects

Jon Matonis
1279  Bitcoin / Press / 2012-04-17 Canada’s Mint Chip Digital Currency Cannot... on: April 18, 2012, 02:38:05 AM
Canada’s Mint Chip Digital Currency Cannot Supplant Bitcoin

Kit Dotson

Mint Chip has both a flaw and a benefit being tied directly to the Canadian Dollar and their economy. It will become a fiat digital currency and act essentially like any other card connected to a bank (just with digital currency instead of trading numbers representing CDN.) As a result, the Mint Chip evolved money will just be another fashion of state money.
1280  Bitcoin / Press / Re: Guidelines for Press board on: April 13, 2012, 02:27:06 AM
Does smf allow the sort order to be ordered chronologically by first post instead of being by Last Post?

Otherwise new posts that don't get any comments will get buried below all the older posts that are still seeing comments.

Either way, +1 on this move.  A place for discussions on these press items was needed.

Just put the ISO 8601 formatted date as the first part of the subject for any press hits.
Click on the 'subject' column - and it should all sort correctly.
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