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3141  Economy / Trading Discussion / Re: MTGOX Withdrawal issue on: November 11, 2011, 04:56:29 AM
Was told a few hours for a Dwolla withdrawal at most. It has been 18 hours. I emailed support and got an auto-response saying they were too busy to help me, but maybe in 2-3 days.

If I don't get my Dwolla tonight I'm not telling my customers to use Gox anymore.

If you can't handle clicking a button or whatever you have to do inside of a day then take down the damn message.



I've been paid.

If it fails occasionally and they come around within a day to fix manually I can live with that. The support message should maybe read differently, though I'm not sure how exactly.
3142  Bitcoin / Development & Technical Discussion / Re: Suggested MAJOR change to Bitcoin on: November 10, 2011, 10:15:13 PM
so unless you're looking for completing a transaction with less that one confirmation worth of security (that is, one confirmation within the current 10-minute method), what's the point?
I think this is exactly what the OP is looking for - currently the 10 minute window is just too coarse. You have essentially 0 security for 10 minutes and afterwards a security worth thousands of dollars (the cost for somebody wanting to reverse a block with one confirmation). That might not have been an issue when difficulty was very low, but with current difficulty levels this is not very practical anymore. The more hashing power you have, the higher is the security level with 1 confirmation, but that level is already much too high for many real-world purposes.

fast confirmations aren't an issue right now
You obviously don't realize the high risk of 10 minute confirmations right now:



Grin

Yeah, haha, anti-social bitcoiners.

The chance that the guy you meet in starbucks to buy coins from is going to double spend on you is about the same chance that the barista flips out and murders you both. For $10k+ value tx with complete strangers you can wait an hour (or 10 min) to call it clear, or use a green address type service etc.

This is no where near worth a breaking change.

3143  Economy / Trading Discussion / Re: MTGOX Withdrawal issue on: November 10, 2011, 09:39:11 PM
Was told a few hours for a Dwolla withdrawal at most. It has been 18 hours. I emailed support and got an auto-response saying they were too busy to help me, but maybe in 2-3 days.

If I don't get my Dwolla tonight I'm not telling my customers to use Gox anymore.

If you can't handle clicking a button or whatever you have to do inside of a day then take down the damn message.

3144  Economy / Speculation / Re: Warning: How many of you Bears have ever been a victim of a Short Squeeze? on: November 07, 2011, 07:13:20 PM
I remember people like Cypherdoc oozing out during the dot com crash of 2000 - the totally oddball, irrational types that start acting like Obi Wan Kenobi right before being struck down by Darth Vader, as if there's something we're missing by not going long during the early stages of a massive bubble collapse.

Reminds me of maggots oozing out of meat when the frying pan heats up.  We're 30 seconds into the cooking process - 14 more minutes to go.  Burn, baby, burn Smiley

lol, cooking maggoty meat for 15 minutes, will add to my recipe book.
3145  Economy / Gambling / Re: Sport Trading Exchange - The Betting Exchange - Daily News Updates on: November 07, 2011, 04:44:19 AM
Without even using your site I'm pretty sure you're the best option right now.

It's not your job to be my fantasy site. Just saying what I would ideally want.

3146  Economy / Gambling / Re: SealsWithClubs - 0 confirms required to play on: November 06, 2011, 11:42:15 PM
Monday Nov 7th:

Noon to 7pm ET ther hourly freerolls have a 600 chip first prize.

8pm is a 15000 chip guarantee tourney, just 525 to enter.

Midnight is another 525 chip tourney with 1000 krill bonus to the winner.

Always, 1000 chips on Seals is 1BTC.
3147  Economy / Gambling / Re: Sport Trading Exchange - The Betting Exchange - Daily News Updates on: November 06, 2011, 11:37:08 PM
Okay, I'll be interested to see.

To further elucidate my situation, which I think is typical of a reasonable subset of Bitcoiners, I'm willing to try new Bitcoin sites out because I can deposit in less than and hour, try it and get my money back in either minutes or hours. Now I'm more familiar with the service, more likely to recommend it even if I don't want to use it on a large scale, more likely to think of it when the urge strikes, etc. I have no intention of being a high volume trader. If that happens it'll be by accident after I've been having fun with small amounts that I can transfer back to my poker account on a whim.

You are sacrificing one of the advantages of Bitcoin that I think is major. I don't think large traders like having money tied up any more than small traders.

It occurs to me now that you are going to have to go to the market for coins so your situation is a bit more complicated than I was thinking.

I'm starting to realize that my preferences are probably less common than I thought. I'm not even interested in betting dollars on stuff or holding an account denominated in dollars. Especially not waiting and paying a 2% fee for the conversion, which I realize you need to charge.
3148  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wealth Distribution (Bitcoinica data) on: November 06, 2011, 07:33:47 PM
So it's safe to say that 50% of bitcoinica's users lost all their money?

Yeah, most people lose or withdraw all their money, it's not that interesting.
3149  Bitcoin / Bitcoin Discussion / Re: My attempt at spreading the Bitcoin name... on: November 06, 2011, 02:24:41 AM
when the ISP guy came to install my internet i told him to go check out "what is bitcoin" on youtube Tongue

He works at an ISP, how could he not have seen all those bitcoins floating by?

it would seem lots of poeple have missed the bitcoins floating by

Yep. Just last week I ran into a young guy studying IT who had never heard of it.
If it's still not on a lot of IT people's radar - then it's really still quite an underground thing.



Yeah, to read spec, you'd think everyone in the world already heard about, bought, and abandoned Bitcoin. But no.
3150  Economy / Gambling / Re: Sport Trading Exchange - The Betting Exchange - Daily News Updates on: November 06, 2011, 02:22:43 AM
You are correct freemoney. I understand your view on withdrawals, but we dont want to sink massive funds into customer service for withdrawals. Our target market is the active/large trader , a little different than most bitcoin accepting sites. My feeling is we will find our niche. You can get -105 to
 -110 on a sportsbook or get +-100 to +107 with us. Also our Binary Options pay out WAY better than the traditional binary option sites.

Lastly, you can get large bets down, contrary to the other bitcoin sports betting sites.

Enjoy,

Bill

I do wish you well, but I don't expect a lot of Bitcoiners will accept payouts that infrequently.

Is once a day too much to do manually? Are you doing cashouts completely manually? Like copy/paste, enter amount, doublecheck? I know you can have a much better system than that for a few hundred bucks, maybe even free. I totally get not letting it fly automatically, but it should be: see tx, click ok, see tx, click ok, see tx etc

Am I understanding that all wagers are denominated in dollars? But you can bet on bitcoin price?
3151  Bitcoin / Bitcoin Discussion / Re: My attempt at spreading the Bitcoin name... on: November 06, 2011, 02:05:36 AM
when the ISP guy came to install my internet i told him to go check out "what is bitcoin" on youtube Tongue

He works at an ISP, how could he not have seen all those bitcoins floating by?
3152  Economy / Gambling / Re: Sport Trading Exchange - The Betting Exchange now accepting Bitcoin on: November 05, 2011, 10:24:56 PM
If I had a nickel for every Matchbook clone that pops up, I'd be rich.. oh wait. Smiley

Good luck with it. People like Bitcoin because transfers are fast and essentially free. You charge 2% for withdrawals and only allow them twice a month? That will be a hard sell. Especially when most markets seem to be -105 (or empty). Plus currency exchange hit.

Pretty disingenuous to call it no trading fees, but best of luck to you.

I can see calling it no fees. If I understand correctly, I can offer -200 on something and someone can take it and we pay nothing to the site, is that right? As opposed to say, Gox, where there is a spread plus a Gox fee.

But, damn, up to 2 weeks for bitcoin withdrawals?
3153  Other / Politics & Society / Re: when should you shoot a cop on: November 05, 2011, 09:41:50 PM
NEVER


I don't think cops are special, just that you really have no right killing/shooting anyone unless they impose an imminent danger to someone (and no, libertarians, not danger to your "things", danger to people)

So which is it? Never or when those pose immediate danger?
3154  Economy / Services / Re: Advertise on this forum - Round 7 on: November 05, 2011, 08:25:30 AM
1 slot @ 4BTC
3155  Other / Politics & Society / Re: when should you shoot a cop on: November 04, 2011, 05:17:15 PM
He just wiped his ass with your favorite flag

The rest of your sentence means that I don't give a fuck if it's Santa Clause doing it, he's a dead motherfucker...

... so why include this bit? You can wipe your ass with whatever flag you want, that doesn't mean I have any right to shoot you. These first few words weaken your argument so much and make you look like a dumbshit "patriot".

You know why terrorists burn the US flag? Because it fucking gets to you.

I don't care about flags, I assumed someone who thinks cops are special might.
3156  Bitcoin / Bitcoin Discussion / Re: What would happen on a Miner strike? on: November 04, 2011, 06:42:48 AM
Why would the vast majority all decide at once that they were dissatisfied with the price? In reality some will and will either stop mining or stop selling and they will have an effect and the effect is to make it more profitable for others to either mine or sell.
3157  Economy / Gambling / Re: SealsWithClubs - 0 confirms required to play on: November 04, 2011, 05:38:52 AM
I'm trying to get some more action in the nightly 8pm ET tournament. Friday night will have 2BTC added, it's only .2BTC to enter.
3158  Bitcoin / Bitcoin Discussion / Re: Legality of selling sexual items online (Age verification with Bitcoins) on: November 04, 2011, 02:43:22 AM

No no, I think your on the correct path that sounds about right. I don't know the "exact" gambling laws but I know saying they are Illegal is a lot easier then to attempt to explain something I know little about.

Well sure it's easier, but it's a big difference for people who care about the law, which I get the impression is still a lot of people.

It is illegal for me to run a poker game in my bar. Why would it be legal on my website?

There are state laws, most ambiguous. But there are many things that are illegal in your bar that I can do at home or in another place. Few states have a complete ban on betting, and even then it's usually running not participating and the running happens in a different state.
3159  Economy / Speculation / Re: Has anyone reported bitcoin capital gains or losses on their taxes? on: November 04, 2011, 02:35:05 AM
Yes, and it's been there for a long time. I don't agree with it, but most contemporary national tax laws create a situation wherein all transactions of any kind or size are technically taxable. Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

It will eh? So not just some tiny chance that trading your mostly broken moped for an old lawnmower will get you 'hurt' but certainty? This is news to most I'm sure. This seems to be a nerve for a lot of people, but the fact is if you fail to report a transaction even most cash transactions you will be completely fine. The IRS is bumbling and busy and watching porn and doesn't care about your $300 of labor or tools or toys, don't be afraid.
3160  Bitcoin / Bitcoin Discussion / Re: p2pBay on: November 04, 2011, 01:18:07 AM
When you have someone give you a review they sign it with their key. You can give that to any prospective trading partner. You can hold/host it, but if you ever alter it one bit the sig won't be valid.

Before you do business you look either for someone you know who did business with them or someone who is trusted by someone you trust.
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