|
I think it's a good idea. I appreciate the public stands. I'm not doing it myself though.
|
|
|
|
|
You don't see it but you're client makes a random private key which it uses both to make the public key (that you see and share) and to spend any coins sent to that address. People could only pretend to be you on the receiving side, which would mean free money for you.
|
|
|
|
I think I was scammed. I don't blame biddingpond at all. I was stupid all around, mainly for not insisting on clearcoin.
I just want everyone to know that no bad feedback doesn't mean squat. Accounts are free and you can scam multiple people before anyone is sure that the items aren't coming anyway.
Mind elaborating? Yeah I would never not use clearcoin for anything over a couple bucks no reason in my opinion to not use clearcoin other then trying to scam. I bought an ipad from a guy with 1 (maybe 2) previous sales and no feedback. He said he needed the money quick (the auction was just 1 day long) so I paid him directly. He emailed 2 days later saying it was in the mail and he would send a tracking number soon. Now it's been 10 days or so and no response or package. One of his other buyers now says no package yet as well. |
|
|
|
|
Giving away for free is nice to show how it works operationally and the faucet is good for that. But what will really be awesome is a mechanical turk for bitcoins. The work/bitcoin/buy things cycle will really get people going imo.
|
|
|
|
|
It might not be suitable for you if you want to know who you are dealing with and want a stable relationship, but have you checked out operationfabulous.com?
|
|
|
|
|
I think I was scammed. I don't blame biddingpond at all. I was stupid all around, mainly for not insisting on clearcoin.
I just want everyone to know that no bad feedback doesn't mean squat. Accounts are free and you can scam multiple people before anyone is sure that the items aren't coming anyway.
|
|
|
|
|
Dark pools are no problem. If it hasn't been said yet, dark pool trades on Mtgox are shown after they happen, just not before. This is more transparent to you than when someone PMs me and I make a sale to them. In that case you never see anything about the trade and that's fine because it's not your business to know what everyone is doing. There are pros and cons to making offers in private vs public. Neither chose hurts people, but public offers do help people a little in that they get an extra opportunity and a little info.
|
|
|
|
|
Hi DERP,
The stamp comment was meant to point out how btc has one of the good properties of gold in the extreme. You can put a million dolars worth of gold in a backpack, but you can put a million dollars worth of bitcoins onto a <1gram SD card.
Bitcoin doesn't have an exchange built in, really nothing does. For a lot of things there is one major marketplace, for bitcoin right now that is mtgox.com. No matter what the price is there though you can choose to sell your coins or not at whatever price anyone offers you. Mtgox is just a place where people make offers to each other.
The reason people value bitcoin so much is for a lot of the same reasons people value gold. They are both durable, divisible (bitcoin more easily so), transferable (bitcoin more so), fungilbe, and scarce. For different scenarios one or the other is more suitable, I have both. For most of what I do though Bitcoin makes more sense.
|
|
|
|
I, personally, assume that all TA gurus simply front run their analysis and basically talking up their books. From time to time at least. IMO it all should be taken with a HUGE grain of salt.
s3052 put in lot of effort to get himself into a position of an Oracle capable of issuing self fulfilling prophecies. Kudos to him for that.
Still lots of fun watching all these struggles from the sidelines.
It would be pretty damn silly to let your readers front run you, so yeah, I think so. |
|
|
|
Why do people move dirt to find gold?  Where is all the dirt going? Who is it being moved for? |
|
|
|
Oh, that's a lot better than I expected from the title. I thought it was going to be "No one hired me in a day, Bitcoins are a scam." Congrats on getting a job that pays solid money. I think you're part of the growing group that leads us to a great place. Can you say if the job is bitcoin related? |
|
|
|
Ouch, it really hurts when you realize you sold Bitcoins that would be worth more 70 000USD now for 20 USD a year ago.  Anyone else here who know how it feels? Or anyone here happy to have done so? I mined around 14,000 coins a year ago when difficulty was 3. Yes, 3. I was ecstatic that I had made $70 for doing nothing, but I kind of forgot about bitcoins until a month ago, when I noticed it hit parity, a 20000% ROI. Although I sold a few off around $5.00/BTC a few weeks ago, I've still held on to the vast majority for when it'll (hopefully) serve as my retirement fund  Sick score dude, congrats. I bought a little tiny piece of gold for what would now be over $10k USD. I think I drank some $1k coffee too. It was pretty good though. |
|
|
|
It Bitcoin accepts that it must be limited in economic size in order to achieve price stability (which is fundamentally true), then Bitcoin will not survive.
Hopefully everyone accepts the fundamental basis for why the Bitcoin economy would have to remain limited in size in order to have broad price stability. For this once again we go back to a limited money supply only allowing for price stability to the extent the quantity of goods traded remains the same. Without growth in the money supply, growth in the economy will lead to deflation. Deflation discourages new entrants into the market. So with the money supply fixed, price stability can only be achieved with a fixed GDP.
Why does that mean Bitcoin will not survive? Because there is a strong need for what Bitcoin provides, which is anonymity, near-costless transfers, the ability to transcend borders, freedom from forfeiture, etc. With the cost of entering the Bitcoin economy high because of the limited money supply, people will figure out how to take the idea and create an alternative that does not have these issues. If that occurs, then people will tend to use this new system rather than Bitcoins, and at some point the market penetration of Bitcoins will be such that their value will decline, and you will see inflation, rather than deflation, in Bitcoins until they are worthless.
Either the Bitcoin money supply needs to be able to grow with the Bitcoin economy, such that there can be price stability with growing GDP, or Bitcoin will be supplanted by a similar technology that deals with this issue and as a result Bitcoins will become worthless.
This makes no sense. So people leave Bitcoin, won't this make bitcoins worth less? Tada, now it isn't deflationary and it works again. Price stability is a crap goal anyway. I want more for less just like you. Companies thrive when they do more with less. You can make more if you can build more with less. You can get through hard times if you can do more with less. It is good to get more, make more, do more, for less time, effort, resources, money. |
|
|
|
The chart is cropped for efficiency, I presume. It takes about 10 seconds to plot on my phone, so I wouldn't want it to have any more data points.
I assumed the same at first, but why not put them on the list? It's only an issue when there are big swings. I asked Jed a long time ago and don't recall getting an answer. I imagine it'll get changed when the whole site inevitably gets redone. |
|
|
|
Eventually we will hit a point that each hoarder will realize he has a lot of wealth and wants to enjoy it. Just hope it's not all at the same time.
It's not even going to be all at the same time for each individual in most cases. And unless people are dumb they're going to try to dump during periods of influx of demand (I assume these will continue, what do I know though?). This will temper spikes. |
|
|
|
|
It would be cool to link that to a pool and a gambling site. You spend 10 minuets letting it go, get .00001BTC then buy a lottery ticket. Or you let it go overnight, put it on 19 on the roulette wheel and cash out .02BTC when you hit it.
Haha, or no pool and it'll just be a lottery already.
|
|
|
|
With that being said, DarkPools will always exist "off the exchange", and that is fine. Why is that fine? Having them off-exchange is also "elitism", just another form of it, you'll need some time and knowledge instead. You kidding me? Trading off of a market is elitism? |
|
|
|
All this does is making the market depth useless and put small traders at a disadvantage.
Yup. They should be eliminated, and all orders should require a CAPTCHA to eliminate trading bots. My humble opinion. Wow, do you hate all conveniences? Should we shout orders to each other? Why on earth would you want to tie humans to button clicking? |
|
|
|
|
It would be cool if you could lock the price in BTC. There are ways to do this without exposing yourself to much risk.
|
|
|
|
|
Show Posts
