Nice post.
I traded at bitcoinmarket.com before MtGox was open. The pizza buy was before MtGox was open too.
|
|
|
Hey FreeMoney, how do you prioritize addresses? Suppose 123456789a and 123456789b were first seen in the same block. Which takes nine characters and which takes ten? Alphabetically, ordered tx array, random luck?
The one that comes first in the raw block data is first. Sorry this isn't in the explanation on site.
|
|
|
If you fund a school, tell kids what to think, teach when it's acceptable to hurt people and how to do it and then they do what you say you just need to mark it down as 'law enforcement' and not the violence it is, that's how violence is reduced by 'education'.
The state's violence is so huge and pervasive it doesn't even make sense to count incidents. Some guy grew pot in 2006, today they lock him in a cage, tomorrow they'll do the same, they are wrecking lives every minute. And the place where they preach the virtues of this behavior is called a school.
To say it all again, if you are hungry and take some food that's marked as a crime. If you grow some food and don't follow the rules guys (educated) will break into your house and that burglary will not be marked as a crime.
Stats from the government about the government as so deeply biased they nearly useless.
|
|
|
http://vermorel.com/process/CreateJournalEntryComment?moduleId=5042156&entryId=14193327&finalize=trueThis is interesting, although I believe that it's impossible for a malicious merchant to discredit a trusted address, because they wouldn't be able to sign the transaction properly. However, this brings up another idea, rather than encode the evidence of a double spend into the blockchain; why not a side-channel method of submitting the offending address and proof of a double spend attempt to a dedicated server for the purpose. Since a double spend transaction doesn't propogate across the entire network, a side-channel method is necessary. Perhaps a second, dedicated IRC channel. Or better yet, a flag that permits the victim to send the evidence across the network already tagged as proof. In this way, clients that receive the proof can check the proof themselves and compare it to their own blockchain to decide if the expensive address can no longer be trusted. In this way, a database of 'burned' addresses can be compiled and shared with new clients in like manner. A potential problem involves the expected price deflation of Bitcoin. Imaging I have a stash of a few dozen BTC. They're cheap now; about $4. Imagine I buy about 10 of them, and "proof of cost" 10 different sending addresses. It costs me $40 total. Now, in 6 years, one BTC is trading for about a million dollars. I can double-spend myself almost 40 pounds of gold bars (at today's rates; maybe as little as 20 by then but still far more than $4 worth) per address. A potential solution would be time-limiting the life of the proof-of-cost trusted address. This way, with the expected price deflation, the cost of the double-spend would still be closer to the maximum value of the double-spend. If I spend $4 today and it's good for a year, I can't necessarily expect to get a million for it at the end of the year. I don't think an increase in value is a problem. The thing you are giving up by double spending is very valuable to replace, the fact that you used to be able to get it at a discount doesn't matter. It probably does make sense for a merchant to have an absolute cap on the amount they'll accept instantly too and that can be dropped any time it is necessary.
|
|
|
He's going to be the most well hidden billionaire (trillionaire) in the history of the world. I think they ought be careful.
No doubt, I wonder if he ever comes out. I think not, but eventually it'll be somewhat apparent. Most spaceships and all that.
|
|
|
No.
One of the major weaknesses is that someone could own your money without having your wallet. Just by...mostly HUGE luck, generating the same wallet address as you.
Is this a joke? You are more likely to collide with a meteorite waiting in line at the bank than to have a Bitcoin address collision.
|
|
|
The title is the part in quotes, so.... uhh yeah.
The problem with Satoshi being anonymous is that he's never going to be able to defend from slanderous representations of himself. I'm sure they'll make him out to be some anti-government aloof slob. They'll probably even call him Satoshi in the show since he can't defend himself.
He's going to be the most well hidden billionaire in the history of the world. I think they ought be careful.
|
|
|
Is there a REAL Casino that accepts bitcoins yet? In other words, someone who actually runs a real online casino site that accepts bitcoins? By Casino, I do not mean 1 or 2 games.
No there is no "real" licensed casino accepting Bitcoins yet and it will probably take some time until there is. There are no real gaming licenses that does not require the players to register with full names, adress etc. This is in order to prevent money laundry. I would be very carefull to trust any casino or gambling site offering players to play without requireing this info or without a valid and recognised gaming license. They could be shut down, take your coins etc. If there is no license there is probably no player protection. A gaming license from Isle of Man (One of the trustworthy in the industry.) costs around £50.000 per year. Want to give your opinion about licensed gambling sites? trustworthy?
|
|
|
With those fast movements and shallow order book they _have_ to have big spreads, or Bitcoinica risks losing a lot of money on spikes. They would effectively be Zhoutonging themselves! I agree that those big spreads suck as a trader, though Why not liquidate at Gox and give the customer whatever price they actually got?
|
|
|
Hi there,
I am interested in making a donation to wikipedia, but I cannot afford a large donation.
If I send you a small donation via paypal, etc., a sizeable percentage will be eaten up in fees, and I want to donate to wikipedia, not paypal, visa or mastercard.
I would like to make the donation via bitcoin, so that wikipedia will receive the entire amount, but I do not see a bitcoin donation address anywhere on your site.
Can you please let me know what bitcoin address I can use to send a donation to?
Highest Regards, Jeremy West
Looks good, I wrote once already. I don't remember to which address, what's best to write to to actually get read and maybe a response?
|
|
|
Well, please check your ticket and you will see what happened ;-)
Now let me explain what happened here that everybody who's in the same situation may find some piece! What Twobitcoins did was to sent BTC from one Mt.Gox Wallet to another Mt.Gox wallet, in this very case all transactions are instantly confirmed and done without going through the blockchain.
Yes, thank you for the response (both on the help desk and here). It is an understandable policy, but it can also result in confusion when using a withdrawal to pay someone that you don't know is using Mt. Gox. You might consider providing some indication that a withdrawal was processed internally, e.g. on the withdrawal confirmation page and the transaction history. Even that may not be enough for some use cases, like if a third party is supposed to confirm that a transaction took place by looking at the block chain. But I understand the desire to avoid unnecessary transactions, so the tradeoff may be acceptable. Yeah, that's really bad. When you click withdraw bitcoins it's clear that you are asking for a transaction to be written to the block chain. That's your proof of payment ffs. There is even a separate option for sending MtGox BTC credits, if people want to save MtGox the hassle of actually making the transaction they can use that.
|
|
|
Does coinabul not change their BTC denominated prices? If you want and buy on a drop won't you just need to buy more? Seems better to just do it now. Or if you want to wait, buy the coins now and buy the gold when you need to spend fewer of the coins.
|
|
|
I'd be interested to know what the best deal is. Maybe a page of great deals.
Ah, I think it was sorting by high price first by default, which gives a funny impression. 670BTC might be a great price on a 4000 page book though, I'm not sure.
|
|
|
Really would have been nice to have some shots of the really early markets.
$1000 would have blown the asks away and the spreads were usually 10%+.
I'd like to see how thin the market was last time we were at this price.
|
|
|
The pictures look good. Don't need anything now, but will keep you in mind. I feel like I've seen really high prices on photos before, do you want to give ballpark prices?
|
|
|
So when I move bitcoins around I can pay a fee to speed up the transaction but don't have to. This fee then goes along with the 50BTC to the miner that helped me with the transaction by mining.
So that spike could indicate that somone needed a presumably very large transaction that a large fee would only be a small percent of to go though very quickly. Perhaps part of tranding.
It could ofc be a mistake, a somewhat expensive one.
It is definitely a mistake, the transaction was not very large and even a small fee nearly guarantees entry into the next block right now.
|
|
|
Fees are so low that 2 wrongly made transactions by someone swamped all regular fees. I think it was 2 transactions with fees of ~42BTC and ~171BTC.
|
|
|
I'm not charged fees to pay with a credit card. The merchant pays fees to accept them. Why not have the merchant pay the $3 fee?
The $3 is once a month.
|
|
|
$3 a month are they serious? Worse than just owning a credit card. I could have the worst credit on the block and still get a $500 line of credit for less than that a year.
But you can't buy bitcoins with a CC today. Sure you can: http://www.memorydealers.com/bieq.htmlOkay, so you can pay for them today, but you won't get them today.
|
|
|
$3 a month are they serious? Worse than just owning a credit card. I could have the worst credit on the block and still get a $500 line of credit for less than that a year.
But you can't buy bitcoins with a CC today.
|
|
|
|