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"I want to develop an application"
"well developed bitcoin e-comm site"
You need to provide more specifics. Are you looking to build a website or an app? Is the app for PC or a cell phone? Android or Apple? What languages do you already know work with? Nobody can respond to your question since there are too many possible options of what you could be asking.
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For a cup of coffee a merchant probably doesn't need to wait for a confirmation but a retailer selling a TV or PC or car, or a person or ATM exchanging fiat will probably want to wait for a confirmation or two.
Why? Do you know many people that are able to execute raw transactions and double spends on their phone? If they are at a retailer they will likely only have their phone or a paper wallet on hand as a method of paying. |
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If miners don't like the lower tx fees, they can unplug and GTFO. No one is forcing them to mine. All this "oh no the miners!" bullshit drives me crazy. Let them go and I'll plug in my old mining equipment and gladly accept the block reward plus little to no tx fees. So will many others.
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I am very bullshit on bitcoin at the moment.
That feeling is a sign it is a VERY good time to buy IMHO.  When we all feel euphoric it is time to sell. Look at yourself, you've been swimming in this delusion for almost a year now, telling everyone it is a good time to buy and how you feel this is maybe the launch and about how your guts feel it...BTW, did you pray today so your lord can save you from your ignorance ? Wow, anger much? How did this turn into a debate about religion? I think you're going a bit off topic here. |
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Has Mr. Guerbuez given out any news yet ? Or are we all waiting ?
He closed his longs and got all his shorts in last night, he'll be tweeting the Nelson HA HA gif from the simpsons shortly. |
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What if the service factors in the risk of charge backs? The way I think it could be done is with enough capital you could factor in the risk of default similar to cash advance/pay day loan companies. Maybe charge a huge premium, like 20% above spot price. You would probably also want to get the individual to sign a written contract that has no charge backs in the verbiage and verify their identification so if they do charge back you can take recourse or sell off bad debt to a bad debt buyer. I'm sure there are plenty of dead beats that take out one of those Montel Williams "get $10,000 in your checking account tomorrow" and then they run off with the money.
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Not trying to prove a point. Just experimenting. There are plenty of useless novelty websites out there like isbitcoindead.com I thought this would be a little more interesting than a "no" written inside an h1 tag. Questions regarding collisions are frequent among many new comers. Thought it could be helpful to send someone to a website that shows the live stats of generating a couple hundred addresses every second for the last 2 years and still hasn't had a collision.
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I have the feeling "Gentlemen" is some sort of an inside joke?
Someone on reddit wrote "this is gentlemen" instead of "this is it gentlemen" during a price pump a few months ago. Everyone was all giddy with the price increase they made "gentlemen" into a thing like "to da moon". True story. |
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My project is a bit unconventional. A freak-show novelty website if you will. There will be no sending or receiving, only generation of key pairs. Private and public keys will be visible to all. It is an experiment on both bitcoin address generation and the hidden variable theory, as Einstein and others called it. True randomness does not actually exist, but our ignorance to hidden variables only makes it appear random to us. Basically, I'm looking for a collision. Yes, I know the odds of a collision, but I'm not going against the collision odds, I'm going against the randomness.
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Just use blockchain.info's API
Each new user when they register an account, do an API request to create a new BTC address (blockchain.info/merchant/$yourWalletID/new_address?password=1234) and store that specific address in a database with their username.
Not sure how much help you'll get since what you're asking for sounds like a ponzi.
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You could use vanitygen.
Or you could use the code from bitaddress.
Or you could run bitcoind.
Actually can you provide a little more guidance on vanitygen? When I looked it up it appears to be an application I run on my local machine? Maybe I'm not looking at the same thing you are talking about. I'm looking for something I can use so I can write a script and run on my server, preferably as a cronjob every few minutes and log all the generated key pairs to my DB. |
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You could use vanitygen.
Or you could use the code from bitaddress.
Or you could run bitcoind.
That's a lot of options! Things are looking good  Thank you I'll check out the vanitygen and bitaddress options. Is it possible to run bitcoind on a hosted webserver? I know how to run one locally, but no idea how I would get it on my host. Most people use a VPN like digital ocean for their bitcoind, correct? |
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I was using blockchain.info's API for this, but I've hit their API usage limits. Is there a PHP library or something that will allow me to generate a large amount of private key/public key pairs constantly through out the day where I don't have to worry about usage limits?
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Reports that certain exchanges (unfair to name any at this point) are now "suspending" withdrawls.
FUD unless link |
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Bears are fucking ruthless creatures aren't they?
why? it's not bears who dump now those are bulls that bought cheap coins at 700,600,500,400,300,250 Yea it could be longs closing their position... Best not to use margin in such a volatile market. Real bulls never sell. Ever. |
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Bears are fucking ruthless creatures aren't they?
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Stop selling!!! Seriously. If we all stop selling together, everything will be fine again. Why are you hurting yourselves and being so stupid?
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Altcoin Scamcoin threads should be on the alt-coin forum...
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Trezor is one of the most secures ways to have your bitcoins stored.
I don't agree, paper wallet or offline computer wallet is more secure and free This 100%. Paper wallets and offline usb is the way I go. If the usb corrupts or fails I still have the paper. If the trezor fails, then what? |
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