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2381  Bitcoin / Bitcoin Discussion / Re: Bitcoin's dependancy on physical currency on: July 14, 2011, 03:21:08 AM
Get Wal-Mart, McDonalds, and Chevron to accept bitcoin, everyone else will follow suit.

This will *not* happen. As Bitcoin is open-source and given the existing infrastructure of the above-mentioned companies, they are far more likely to create their own version of Bitcoin, with the branding, polish, control and ease that Bitcoin lacks. I don't understand why this is so hard to see.

I'm not seeing it.  Many such companies have implemented rewards systems that operate as a sort of limited currency - and these don't seem to stand any chance of becoming a widespread currency controlled by one company yet used by the masses.

If they take the bitcoin decentralised approach, using the open-source software to start a new blockchain - they cede most control over it anyway, so aside from assigning themselves the early-adopter bounty - what do they gain, and why would the world like that any more than the one that already exists?

The uphill battle they'd be fighting is getting up the momentum and trust that the existing blockchain has.   They'll have trouble getting their peers (other major corporations) to accept their version.  
I don't see how a spiffy interface will let them leapfrog bitcoin..   and I'm sure the bitcoin interface and wallet management will make great strides soon anyway.

Would 'branding' a new currency as being associated with a particular company or even consortium of companies really allow it to gain acceptance?

I guess 'corporate-currency' has as much chance as 'hacker-currency' in the fight for credibility - but I suspect bitcoin can shift from being perceived as 'hacker-currency' to something more like "the people's currency".

EDIT: ...and *everyone* wants a slice of the people's money.
2382  Bitcoin / Bitcoin Discussion / Re: Bitcoin Currency Symbol ฿ on: July 14, 2011, 02:37:11 AM
Consensus certainly will win regardless of this discussion here.

Sadly I think so. (sadly because I think it'll be a narrow consensus built by somewhat insular bitcoiners)

I just don't think it's in the interests of the bitcoin community to sabotage the work other standards bodies are trying to do.

It may be that it's a tortuous red-tape ridden process to get a unique character allocated..  even if so.. I'd prefer to do without than rape every system with a 'bitcoin trumps all' mentality.

Bitcoin is disruptive enough as is - mainly I hope, in ultimately good ways.


2383  Bitcoin / Bitcoin Discussion / Re: If BTC ends year 12-31-2011 at 1 it will on: July 14, 2011, 02:27:51 AM
In summary, if BTC ends the year at 1.0 it will be one of the best investments for the year.

To characterize it as 'one of the best investments for the year'... it might make more sense to look at when the majority of current holders got in.

Sure - it makes sense if you're talking about the whole year, but to an outsider, it doesn't capture the possibility that the vast majority of people invested in June or later.

(I don't really know when the majority of people got in - I just suspect that if it went to $1 and you did a survey, a decent majority of bitcoiners who actually invested other currency, or even via mining equipment - would'nt agree with 'one of the best investments for the year')

2384  Bitcoin / Bitcoin Discussion / Re: Bitcoin Commercial on: July 13, 2011, 06:48:24 PM
the 'multiplying in price' message seems a bit shaky.  is there any way to push the transaction cost benefits?

I agree the 'multiplying in price' thing is not great  - especially combined with the statement that
'the only way bitcoin can succeed is if YOU accept it'

It sounds pleading..   and well..   'pyramid scheme desperate for new blood' springs to mind!

The speed seemed ok.
2385  Bitcoin / Bitcoin Discussion / Re: Bitcoin Currency Symbol ฿ on: July 13, 2011, 05:46:51 PM
Break down some numbers people, this isn't a joke, you know the acceptance of Bitcoin currency is stronger than the Thai dollar.  
I don't know such a thing..   with the Thai GDP at over  300Billion USD$ equiv  - I'm pretty sure nearly everyone I know would accept 31Million Thai Baht over 71500 BTC - even assuming they both theoretically exchange to about $1M USD.

Quote
Best part about using the ฿ symbol, is no one in this thread needs to agree on if it is a good choice or not.  Enough Bitcoin business' already use this, just keep doing what you are doing, and if you are for this initiative, just use the ฿ instead of "btc" or even "Bitcoin" when referencing something having to do with a Bitcoin price.
meh.. I'll stick to using BTC.   You may be right that it's a losing battle though.



2386  Bitcoin / Bitcoin Discussion / Re: Bitcoin Unit Colour Chart on: July 13, 2011, 05:22:14 PM
Observation: Isn't it funny how we all (at least in the US) can look at a $5 bill, three $1 bills, 5 quarters, 6 dimes, a nickle and 4 pennies and quickly come up with $9.94? Imagine if someone on the boards here suggested that a 'gavin' is 0.25 btc, and a 'binary' is 0.05, he would get laughed off the boards.

Yes, he would be quite rightly laughed off the boards. Pennies and dimes are tangible goods. Decimal places are also named: for example hundreths, ones, tens, thousands, and millions. If you created physical bitcoin denominations, then they might be named, colored, and any other characteristics you are all yammering on about. Your $3.14 balance never reads three dollars, one dime and 4 pennies, whether on paper or computer screen.

Lest you've all forgotten, bitcoins are DIGITAL !

What people yammer about is - the old "when is the decimal point going to shift"  with regards to bitcoin.

I argue that with a decent UI and set of visual hints, it's not necessary for some general shift by everyone.
Just get the UI to display it in a different unit - and get people used to the look of each unit.

This whole thing is about being able to flip a user interface into a different unit to work with - and minimize errors.
(It's because I'm interested in microtransactions - whether or not they are truly practical with today's bitcoin network)

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Your $3.14 balance never reads three dollars, one dime and 4 pennies, whether on paper or computer screen.

Irrelevant.
I only split it out in the chart for illustrative purposes.
I'm not saying a BTC 3.14 balance would be displayed as 3BTC and 140mBTC  but it might be displayed as 3140 mBTC if you flipped your UI that way.

For some system (e.g a multiplayer game) where very small transactions are the norm - everything might be denominated in µBTC or satoshi.












2387  Bitcoin / Bitcoin Discussion / Re: Bitcoin Currency Symbol ฿ on: July 13, 2011, 04:52:40 PM

does anyone actually bother to read a thread before posting?

Sure. I just disagree with you.
As someone who suffers under a system of the overloaded use of $ - I disagree with using the ฿.

Sometimes it's just not clear whether a site is pricing in AUD or USD. It wasn't an issue before global ecommerce - it's now an (admittedly slight) annoyance.



2388  Bitcoin / Bitcoin Discussion / Re: The state of bitcoin in ireland. on: July 13, 2011, 02:25:43 PM
I won't be bothering with five posts, I'll just use another forum.

I only joined to answer a question that is directly relevant to me, and this retarded "newbie" system means I'd have to spend potentially hours waiting to do so.

Get your act together and fix this BS; it's unbecoming of a forum associated with such an important technology.

Incidentally, yes. There are Irish users of Bitcoin. You'll find them in your local hacker/makerspaces. But the OP won't know that now, will he? Nice forum.

2389  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: July 13, 2011, 06:52:08 AM
cisco blog

Bitcoin Security Architecture: A Brief Overview

http://blogs.cisco.com/security/bitcoin-security-architecture-a-brief-overview/
2390  Bitcoin / Bitcoin Discussion / Re: Bitcoin Currency Symbol ฿ on: July 13, 2011, 06:26:03 AM
I'm not against a new symbol at some point, but don't think it's a problem to reuse a fairly obscure one

The Thai economy positively dwarf's that of bitcoin - so what sort of crazy definition of 'obscure' are you using?

There are more than a handful of Thai people living in my city..  I meet some of them now and then. (latest one just last week)
It would feel completely ridiculous to attempt to introduce them to this newfangled currency called bitcoin, which abuses the Baht symbol.
They'd rightly think it was a pathetic joke. Any selling point about it being potentially useful to transfer value to friends and family back home would be lost.

2391  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 13, 2011, 05:50:46 AM
Just what IS the topic of this thread?

It starts to make a lot more sense if you ignore posts by and replies to bitcoinporn.

Exactly. This was a serious thread, intended to discuss what I'm sure at least a few of us think is an important issue - that of forum usability, wider perceptions, and moderator/admin behaviour.

Thanks to theymos for at least leaving it in the 'general discussion' area for a while.
I appreciate the subject matter is more suited to 'meta' where it's now been moved.
2392  Bitcoin / Bitcoin Discussion / Re: Member BitcoinPorn approaching 1,000 forum posts... on: July 13, 2011, 05:33:33 AM
Good job sir you've done well here so far I remember when you were at 255 posts  Grin

How do you do it ?

From my observation - it's a mixture of shallow reading, inanity and disruption of genuine discussion - but also some genuinely helpful posts.
Prolific sure - but I guess we have to take the bad with the good.

2393  Bitcoin / Bitcoin Discussion / Re: HIRING DEVELOPERS FOR EQUITY, YOU WILL GET 40% OF THE COMPANY on: July 12, 2011, 06:56:52 PM

Once the valuation reaches 6 billion dollars, each of you will have 600 MILLION DOLLARS!

So what are you waiting for?

For you to be soundly *Kanged* (before you Gox us all)  Wink
2394  Bitcoin / Bitcoin Discussion / Re: Reddit comments on a thread. Interesting discussion on: July 12, 2011, 05:00:33 PM
Because he is so wrong and so ignorant it is hilarious "I will be honest, I didn't understand half the stuff you said. Most of it was irrelevant,"

This!

And bitcoinporn's response where he shows he also didn't grasp the relevance of the advice on offer.
Quote
Jessy isn't wrong in his thinking, his thinking I do not believe applies to this project.

Once bitcoinporn discovered he was a she..   he seems to have fixated on 'female' & 'BDSM'.
I still doubt he's read the actual content.. because he continues to use the gender of the poster as some sort of excuse for why it's all overblown.

Its the CONTENT ******.

2395  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 12, 2011, 04:24:49 PM

It's worth noting that she made that criticism when the policy was much more onerous than it is now.  At the time, you needed 50+ posts to be let out of the newbie area.  The time requirement may have been higher as well, I don't remember.


It's still onerous.
Here's my very first post - from June 22.  A pointless rant into the ether - that only other newbies might have read.

Quote
I don't think the newbie restriction thing is made obvious enough to new signups.
I wasted time with different browsers, checking my email system etc to see if I'd missed an instruction..

Please be a bit more considerate of the newbies who sign up.  

Make the newbie posting notice bigger and bolder.
Send a confirmation/intro email.
put a notice about the newbie restriction status in the profile section too.

Disappointed.  I signed up to make a specific comment on a particular timely issue.
I guess a bit of newbie collateral damage is all part of the war on spam eh.


Quote
As for fixing it, I don't think this forum can be fixed.  I believe the best course of action is to move this forum to another domain and completely dissociate it from bitcoin.org, which is the de-facto face of the Bitcoin project.  This is supposedly going to happen, but it's taking a long fucking time.  It would be nice to have a well-run merchant/consumer support forum, but having no official forum at all is better than Bitcoin associated with this cesspool.
I'd heard that the developers would be moving.  Perhaps a complete dissociation is indeed the only way.



2396  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 12, 2011, 04:16:50 PM
It appears you don't want merchants. crybabies

Says the kid who's so afraid of the big bad neighborhood kids that he's built a wall around his sandpit such that even his friends can't get in.
2397  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 12, 2011, 04:10:50 PM
we DON'T WANT JUST ANYB0DY lN OUR CLUB.

It appears you don't want merchants.
2398  Bitcoin / Bitcoin Discussion / Re: Reddit comments on a thread. Interesting discussion on: July 12, 2011, 04:07:00 PM
julz to the rescue!

Though it's all over, it's never too late to help a lady in distress Smiley

Cute image.. but this focus on the fact that the particular writer is female is tedious.
2399  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 12, 2011, 03:57:40 PM
And before anyone accuses me of trolling. (how nauseating is it that any criticisms are so ill-received around here that we have to pre-empt like this??)

This is a troll post, however you seem intelligent enough to accept that it is (even if you made it not knowing it was one).

You posted a personal situation in "Bitcoin Discussion" on a topic that has more relevance in any number of other sub sections to the forum.

The post is not a troll because of content, it is because of knowingly put in the wrong area (or) because of the content.  Either way, I'm a math magician, you are trolling, but not a troll.

What the hell are you doing? meta-trolling?  I can only assume the 'this' in your post was self-referential.
My intention was to bring an issue that appears buried - out into the open a bit. For discussion - and preferably for action - in a way that benefits the community.
2400  Other / Meta / Re: Kanged! The operators of this forum should be more embarrassed than vegetta. on: July 12, 2011, 03:50:05 PM
And before anyone accuses me of trolling. (how nauseating is it that any criticisms are so ill-received around here that we have to pre-empt like this??)

I've spent a lot of time on the Bitcoin Unit Colour Chart thread attempting to put forth positive input in this community.
Maybe you completely disagree with my ideas - or think it's lame - but nontheless - it's hard unpaid WORK.. done in good faith.

Please judge peoples posts on their merits - not on some preconceived idea that everyone just wants to cause trouble.
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