Wow , what professional opinion do you base that on?
It's just a personal opinion which may, of course, be wrong. Here is what I think: - MtGox still has 90% of the market. People don't leave because of the volume - 5 million USD/30 days - TradeHill was there when MtGox was hacked, but people didn't move - Then CampBX came along with top security, sms auth, etc. and people still didn't move - their volume is currently at 30,000 USD/30 days - Then Ruxum came along with top security, lots of currencies, etc. and people still didn't move - they're currently at 1,000 USD/30 days - Now cryptoxchange comes, again with top secutiry, and I don't see anything different yet. ExchB made a difference by allowing bank deposits (you could buy bitcoins within a few hours) and their volume increased a lot - they were at 170.000USD/month when they closed. Which brings me to the problem: these companies with low trading volume are losing a lot of money: 0.005 * 30,000 is $170 per month. This isn't even enough to pay for the servers. So, unless you have some really great features that can steal customers from MtGox (no one was able to do that yet) or unless the trading volume comes back to June/July levels, these companies are not sustainable. |
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There isn't much room for another Bitcoin exchange. The volumes are as low as they were in May... What unique features do you have that may attract traders? (besides security and double-factor auth)
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First you are missing the fact the nobody mines with CPUs. Only GPUs are used, specially if they are from ATI because Nvidia sucks at mining. Then you are overlooking the fact that mining is not profitable for most people because of the electricity costs.
Amazon must have the datacenters at locations with cheap electricity so they could make some profits if they have ATI GPUs to rent. I am just not sure if this is something they want. You will have to talk to them, not us. With the decreasing price of bitcons and the time/money needed to coordinate the switch from mining to rental mode, they probably don't want to go through all the trouble of setting this up and then find out that there is nobody out there to buy their coins.
PS: Bitcoin is not a safe investment (we might not be here in a year because Bitcoin could be outlawed, prices could drop tremendously, etc). Big companies tend to avoid high risk investments like this.
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It would have been nicer if they gave more notice, so people like you could exchange back to btc.
Maybe. But I understand their decision. If this was known beforehand the market reaction would be unpredictable. By freezing everything they made a clean cut so you can't accuse them of "spreading panic to collect last minute fees". |
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This sounds familliar ... "I am a nigerian atourney, my client just died and I need your help to get 1 million USD out the country ..." or "I am a US serviceman in Iraq, and I just found 75 billion USD, send me a wire to this account to help me sneak the money into the US ..." But this is only $84, so it is probably legit. Something that small is not even worth pulling a scam with.  No, I am not a Nigerian prince  I am Portuguese, which may also seem a little far away though. Anyway, my options were paying $40 for a wire or giving out my ID to Paxum so I thought that I might get a better deal from the community. |
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Nem por isso. Não tenho hardware para fazer mining e não especulo em moedas alternativas porque é como jogar na roleta.
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EDIT: The account is no longer for sale. I cashed out the money via paxum with the help of Bitinstant. The money was deposited in my TradeHill account. -------- Exchangebitcoins.com just closed and I got caught in an unfortunate situation because I do not live in the US. I deposited a few bitcoins there and I made a few trades, but now there's no way for me to withdraw USD without paying high fees (or using Paxum, which I don't want). So I am selling my account to anyone who can easily withdraw my $84.40. Here are the withdrawal methods: Withdraw USD via Paxum
Paxum withdrawals are free except for Paxum's $1 fee and are sent within 8 hours.
Withdraw USD by Check
Checks are sent to the name and address below at the time of request. Limit 1 check request per user per day.
Withdraw USD via ACH
ACH allows ExchB to send funds directly to your bank checking or savings account. Funds usually arrive in 2-3 business days. There is a $1 fee per ACH transaction.
Withdraw USD via Wire Transfer
There is a $25 fee for domestic wire transfer and a $40 fee for international.
I would like to trade the account for bitcoins and I am willing to pay a little extra above market price. I have been a member here for a few months, but I have never made a trade so I understand if you don't want to trust me. I have high reputation at the Bitcoin Stack Exchange (if that matters...) and I also have an ebay account with positive feedback. Contact me via PM. I will send a screenshot of the account, if you want. |
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Sorry to hear that. I guess this is one of the consequences of low volumes. ExchB was one of the top exchanges though. I hope we don't see a lot of exchanges closing. I like to have other options beside MtGox...
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Hey everyone!
I just learned about bitcoin and decided to give mining a go! I'm currently using a GTX 295 with an i7 860. What should my expected Mhash/S be? I understand that my card has 2 GPU's and I have one miner for each GPU. I'm currently getting around 52-55Mhash/S per GPU. Is this expected? I'm in Slush's pool and my rewards are simply not worth the amount of power I'm putting into it. Any help is appreciated!
It should be a little higher: https://en.bitcoin.it/wiki/Mining_hardware_comparisonBut yes, most people are losing money by mining because price dropped. |
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Eu costumo levantar pela TradeHill
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Does this also work through the command line or is it only available at the webpage? This process can be automated which could be useful, for example, to allow one computer at a DMZ to send bitcoin transactions signed by another computer located inside a secure LAN. If the DMZ computer is compromised the private keys are still secure.
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Yes. But similar to Amazon means a lot. And of course that prices are always a thing to consider.
PS: I shop at Amazon UK because they have cheap (sometimes free) postage to where I live. I would shop with bitcoins a lot more, but the stores I know are all US based...
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Não usem o MtGox. Mesmo que as moedas demorem mais a vender noutros mercados é sempre preferível a usar MtGox.
Não usem Deepbit. Há outras pools igualmente boas. É verdade que a Deepbit tem um uptime imbatível, mas usem várias pools de fallback e vai dar ao mesmo.
Acho que a centralização dos mercados é pior e só pode ser combatida mudando a mentalidade das pessoas.
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Yeah quite brilliant really! I'd imagine the Starcraft community has a greater collective hashing capacity than current BTC miners... 5 million copies sold, all running on at least a modest GPU.
Starcraft 2 is not such a high-end game. I can play with graphics on high with just an ATI 5450, bBut yes, the target audience is nice. Anyway, I believe this goes against the EULA or other agreement so Blizzard should be contacting them pretty soon... |
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I highly recommend that you look at the non-profit pay option already setup at bit-pay, it should make implementation drastically easier and very affordable and even better, while people are paying in BTC, Kiva will be receiving USD from how I understand it. I sent them a message a couple weeks back about this and would love to see it implemented in some form :-D
Keep up the great work!
Exactly. This would be just like adding another payment method for USD (like adding Paypal). Kiva does not need to know anything about bitcoins, but they would "benefit" from extra donors from the bitcoin economy. |
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I think bitcoin is fine as a low cost payment tool, but the Paypal charges a special low fee to the kiva, which was a charity organization.
Actually, Paypal doesn't charge anything to Kiva. It's free. I also see bitcoin as a mean of payment method that is instantaneously converted to another currency. Kiva can instantaneously convert the bitcoin to dollars at exchanges, or use something like bit-pay to get it up and running quickly (they don't charge fees for donations as far as I know). |
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Bom, isso eu NÃO quero. O "formal" está ficando para trás. E o declarado também está diminuindo. O que eu fiz foi o seguinte, meu chefe comprou umas radeons, está garimpando os Bitcoins dele... Então, no fim do mês, ele me paga parte do meu salário com os Bitcoins dele e, a parte que falta, em Reais mesmo. Menos Reais, mais Bitcoins!  Portanto tendo em conta que o preço a 31/8 eram $8, perdeste metade do salário que recebeste em Agosto, certo? |
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You can not buy bitcoins with paypal because the paypal transaction is reversible and the bitcoin transaction is not. This means that, unless you have a good reputation in the community (which you don't because you just arrived), nobody will risk selling you bitcoins. You have to use a bitcoin exchange so head over to MtGox, TradeHill or Exchangebitcoins.com and check their deposit methods. You can check the price at different exchanges here: http://bitcoincharts.com/ |
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