I suppose the real answer to the OP, and I apologise if I'm just simply recycling previous posts, is you need to ask the question: "How much am I willing to buy/sell BitCoins for?"

That is your personal exchange rate, if somebody else agrees with you, then you have a sale.

As said before, it doesn't matter if all the offers there are artificially inserted by the exchange themselves. The only problem comes is if they are selling BitCoins they don't have, in which case the problem is something else entirely, and not manipulation of the market.

What is an SSL certificate signing service? And what is it used for?

Are you using Windows?

With most of the Somalis I know in real life, they would say the opposite.

It just depends on what type of "government" there was in the first place.

At the moment Somalia is run by a tribal system, where clans offer your protection.

In other words, if you have no clan (ie. you are a tourist) you have no safety.

And as far as the economy is concerned, there are more bullets in Somalia than grains of rice.

However I may be prematurely simply quoting my friends, I should read the article.

I stand corrected! You can buy all sorts from Amazon! Wow! Unfortunately the prices seem a little too high than what I would pay in supermarkets at the moment, but I wasn't aware of this, thank you, noagenda. And considering the delay in getting the items, this is why I don't buy groceries online. However its a good start!

One thing that is impractical for them to sell is meat, for obvious reasons.

I appreciate that BitCoin is a very young currency, hence my operative word of "yet" in every single statement I make. I will give it time, indeed, but at this moment in time, to me, the BitCoin has little value to me. When BitCoin becomes much more widespread, then maybe I will hop in. In the meantime, the only thing I can practically do is hoard as many BitCoins as possible until the day when my local halal meat shop will accept BitCoins for a chicken!

True I can buy many things from Amazon, but ultimately, they are in my country's currency. And the BitCoins that are given rebated are based on the exchange rate in dollars.

As for prepaid visa cards with dollars on them, I use Pound Sterling, so not only do I have to exchange BitCoins for dollars, I need to exchange the dollars for sterling, which loses the value in the first place.

I agree, the Amazon thing will be cheaper due to the rebate, which makes most of the items cheaper in the long-run, which does, indeed, make things cheaper for me than my general store. However most of the goods I'm really interested in (like food) is not sold in my local grocery store or supermarket for BitCoin (yet).

I use Windows... i know, forgive me, I am evil

For me the underlying problem with BitCoin is that i can't go to my local store and buy food with it (yet).

When or if the day comes when I can, then I will start asking for my salary to be paid in BitCoins too.

An interesting point is that it has already become an international currency, which is true, as it is true for eGold. Then eGold got shut down. However BitCoin will not suffer the same problem as eGold as there is no central point of failure. The only way to stop BitCoin from ever being used is to attack the entire system within a short space of time, namely before anybody knows what is going on.

As for the definitions of money, according to the YouTube video I believe BitCoin does fulfil all those components of money apart from it having a commodity value. We'll just have to wait and see who History decides to side with!

What are the fees for BiddingPond in general?

Set the maximum purchase to $11.90 to make it profitable on the micropayment fees.

Do you mean that it isn't profitable?

How do I do that? Or does it do that currently?

If one encrypts their file, then the BitCoin client will not be able to read them, right? So you can only receive cash when you unencrypt your wallet?

Perhaps all of the BitCoin business would be interested on hosting advertisements on the PTC site!

Imagine a BitCoin bank that creates promissory notes which are pegged to BitCoins, and then the whole miserly process begins again! LOL!

So I take it you use this software in MyBitCoin?

jgarzik.

How does one use encryption to secure wallet and use at the same time?

is this impossible.

I am worried because when I remove my wallet.dat file and then encrypt it the BitCoin client won't be able to read it. If I move the wallet then when BitCoin runs, it will show me as 0 balance, so what happen when people send me money? Where does this money go because it isn't in my other encrypted wallet, right?

I'm not sure how MyBitCoin's infrastructure works.

I mean if the BitCoins were on a database, and transactions between MyBitCoin users occured instantly and then were batch processed at the end of the day (ie. transfered into their relevant addresses) this would save processing time, and also provide insta-money.

Obviously it would be different for withdrawls etc.

It would be very much like transfering money from your HSBC bank account to your landlord who also has a HSBC account.

Unless th eprofit a bank makes is used to have a huge mega-cluster of computers to resolve the majority of transactions.

Value is very much like morality.

Some people think both are intrinsic, and others believe they are subjective.

Just as caveden was saying that there is no intrinsic value, one could argue there is no objective morality.

However if one were to say: "Raping is evil" I would say this is a widely accepted morality amongst human beings which would be incredibly tempting for us to make the claim that "Raping IS evil" rather than "I THINK/BELIEVE raping is evil". Technically it is still subjective, but most humans suscribe to this.

Similarly to gold, at the moment and for the longest period of human history, gold has been perceived as a store of value and suitable means of exchange, everybody wants gold. It doesn't have INTRINSIC value, however since it is widely used and accepted by everybody, it might as well be, NOT SAYING THAT IT IS! A BitCoin appears to be a good means of exchange so far, but the majority of people haven't adopted that yet. Maybe in the future when everybody seeks BitCoins rather than gold opinions will change, I feel gold has had too much of a headstart, and so will always retain its value unless something revolutionary happens, such as alchemy or finding a planet made entirely of gold.

Intrinsic things are the utilities, what it can be used for. And this is on par with the claim that "a brain is intrinsic to a live human being". Every human being has one, but the value we have for it... well... I could say it differs from person to person.

You can use MTGox or MyBitCoin or something like that and use their merchant tools. With MyBitCoin.com you can set up a forwarding address so any payments your 'home' BitCoin account. Or you can use MTGox and in which case you can immediately set up and exchange for USD or EUR. Depends what you are after.

For the purpose of merchant tools, I believe MyBitCoin serves the purpose better, in my humble opinion.