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4421  Economy / Trading Discussion / Re: MtGox - too many connections on: May 24, 2011, 09:24:02 AM
I sent BTC from my main wallet to my MT. GOX account does it normaly take up to 24hrs to see the btc in the account?
or they have issues? thanks


Does the tx have confirmations? If it does then you should have your funds by now.
4422  Bitcoin / Development & Technical Discussion / Re: flat demurrage fees to avoid some technical problems on: May 24, 2011, 09:21:02 AM
The only reason I don't like your proposal is that it continues this awkward focus on finding magical strings that have pretty hash values. See my reply to BCEmporium's post here:
http://forum.bitcoin.org/index.php?topic=9150.msg132381#msg132381

We need more focus on rewarding people directly for contributing to the integrity and robustness to the network.
 

What are you talking about? Do you know some way to have a distributed currency without all this hashing business?
4423  Bitcoin / Bitcoin Discussion / Re: Ƀ Another Bitcoin identity on: May 24, 2011, 09:11:18 AM
In your website you say that you don't like the vertical line, because the dollar sign has one. There are many more currency symbols that have this vertical line to convey stability. So keep the vertical line!

I bet he knows about the other currency symbols. I like how it has a horizontal line instead of vertical. Bitcoin is different after all. Vertical seems to imply hierarchy, horizontal implies fair, flat, peer relationships imo.
4424  Economy / Economics / Re: BitCoin Death Knell? on: May 24, 2011, 07:37:38 AM
I think prices need to go up significantly or else the total amount of bitcoin in circulation won't have a high enough value for them to be used in a significant amount of trade.

If there is only $43 million worth of bitcoin, then millions of people cannot possibly have enough to use in trade. If the value increases to $2 or $3 billion, then what we consider a low value amount of bitcoin now, e.g. 0.01 BTC, will be enough for a substantial trade, and there are enough bitcoins for a large number of people to have at least that much.

Yep, it's only up (or down to near nothing) from here.
4425  Economy / Economics / Re: BitCoin Death Knell? on: May 24, 2011, 06:34:04 AM


 What is happening is that BTC is breaking away from the mainstream and being supported by a sub-group. This sub-group will eventually be replaced by yet another sub-group, and on and on until only a relative small group of people use it.


Come on. Bitcoin used to be mainstream? This is just silly.
4426  Bitcoin / Bitcoin Technical Support / Re: Do I have to open the bitcoin client to receive BTC from others? on: May 24, 2011, 06:27:38 AM
Thank you very much for all the replies above!

Does that mean that even if I don't get online for many years, I still can receive the BTC sent to me years ago when I get online.

Absolutely. This means that you can create a new wallet with new addresses while offline, record an address, encrypt the wallet, delete the original, put it in storage, and pay to it whenever you want and essentially be beaming money into your super secure bitcoin savings account.
4427  Bitcoin / Bitcoin Technical Support / Re: Do I have to open the bitcoin client to receive BTC from others? on: May 24, 2011, 06:03:49 AM
It isn't quite right to say that you receive them when you download the block the tx was recorded in. It's more like that's when you find out that the coins are now in one of the addresses that you control. But the answer is the same, you don't need to be online when the coins are sent.
4428  Bitcoin / Project Development / Re: Coming Soon: BitCoin Options Trading on: May 24, 2011, 05:52:40 AM
This looks pretty slick.

I'm constantly excited these days.
4429  Economy / Economics / Re: BTC to USD on: May 24, 2011, 05:49:07 AM
What the best way to turn my BTCs into real money?

I've tried MtGox, but I can't seem to figure out how to move cash to my bank.  Should I just sell them through PayPal here?

I think people will be glad to give you PP for them, be careful to use someone with a rep though because PP can be charged back.

If you have trouble finding someone send me a PM and I'll get money moved from my bank to PP for a small discount.
4430  Bitcoin / Bitcoin Discussion / Re: Will bitcoin actually take off? Is it possible really? on: May 24, 2011, 05:46:48 AM
And what you think about the use of the coin when we talk about
Drugs, illegal stuf, child porn, assesinations, carding, hacking, war, etc, etc...


What do you think about the dollar when we talk about said things?

Is there some reason you want those things only to trade for government money?

I'd really prefer my illegal recreation not go to support legal wars thanks very much.
4431  Bitcoin / Bitcoin Discussion / Re: Is the bitcoin community the first ever phyle ? on: May 24, 2011, 04:44:52 AM

I haven't read the diamond age yet, but I know the story and I heard about the "phyle" concept.

Of course there are several other worldwide dissiminated cultural groups, but none of them has a clearly strong, government-proof currency.


I think there is a bit more to a phyle than a shared money, but it certainly gives the possibility a solid boost.
4432  Bitcoin / Bitcoin Discussion / Re: Nice spike in Google trends! on: May 24, 2011, 04:34:30 AM
Bitcoin Block Explorer also got a big spike in traffic starting on the 16th. 2,599 unique non-bot IPs on the 15th -> 7,832 unique non-bot IPs on the 16th. BBE is now serving ~400,000 pages per day (mostly from bots and sites like BitcoinCharts).

a lot of the Block Explorer hits are probably our friendly local neighborhood alphabet soupers, trying to connect the dots.

newbies & etc. will not have that much interest.

You think they wouldn't just get all the data and search, sort and analyze offline?
4433  Bitcoin / Bitcoin Discussion / Re: Ƀ Another Bitcoin identity on: May 24, 2011, 04:22:14 AM
both can live.
IMO.

Sure, but I bet one symbol will emerge eventually. It just makes sense to use the most recognized symbol in your stuff which makes it more used and thus more recognized until one is the "actual" symbol and one is at best, the "old" symbol. Just a feeling about what will happen, not a should or an ought.
not exactly.
both symbols can evemrge/advance in different areas/purposes, like doen with others symbols/icons.
for example, you symbol more suitable for use in public area, ie as street mark/poster, while 1st variant is more suitable for docflow usage/mass-media ads.
or vice versa.
where is it actually matter is UTF table proposed change/update.

I can see that.

Even online an old symbol could have a different connotation, like, "We used Bitcoin before it was cool". So multiple symbols can all be part of the bitcoin graphic culture.
4434  Bitcoin / Bitcoin Discussion / Re: Will bitcoin actually take off? Is it possible really? on: May 24, 2011, 04:09:21 AM
Bitcoin is not a way to buy things without getting ripped off. It's a way to pass value once you are sure that you want to pass value. Other services can and are being built to help with problems like you describe.
4435  Bitcoin / Bitcoin Discussion / Re: Ƀ Another Bitcoin identity on: May 24, 2011, 03:57:09 AM
both can live.
IMO.

Sure, but I bet one symbol will emerge eventually. It just makes sense to use the most recognized symbol in your stuff which makes it more used and thus more recognized until one is the "actual" symbol and one is at best, the "old" symbol. Just a feeling about what will happen, not a should or an ought.
4436  Bitcoin / Bitcoin Discussion / Re: Ƀ Another Bitcoin identity on: May 24, 2011, 03:42:42 AM
I somewhat prefer the gold too, but I think I like everything else about this new scheme. I think different colors will work for different applications and audiences though.

Are people interested in gold Ƀ stuff?
4437  Economy / Economics / Re: Convince people to mine/create new blocks when there is nothing to mine on: May 24, 2011, 03:36:12 AM
so the higher a fee offered, the quicker a transaction is processed?

Right now a fee isn't going to make blocks come quicker, but a fee does ensure miners have incentive to put yours in, a no fee tx relies on their generosity. Eventually the build up of fees will actually incentivise marginal miners to turn on or switch from another task resulting in a quicker block.
4438  Bitcoin / Bitcoin Discussion / Re: Ƀ Another Bitcoin identity on: May 24, 2011, 01:22:04 AM


I'm sure I didn't do it quite right, but I think it looks better than with empty space in the corner. Overall I like the scheme.
4439  Economy / Trading Discussion / Re: Dwolla well aware of Bitcoin users on: May 23, 2011, 11:37:25 PM
Tweet from them about Bitcoin: https://twitter.com/#!/dwolla/status/64069371005378560

What did they say? I can't get it.
4440  Bitcoin / Bitcoin Discussion / Re: Bitcoin Plutarchy?!? on: May 23, 2011, 11:34:46 PM
Especially since it can also be used for trade which I consider immoral.
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I really think charge-per-entropy rulesets are a necessity.

Isn't charge-per-entropy another way of saying "trade some money for the inclusion of data based on it's entropy"?
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