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4701  Economy / Marketplace / Re: Introducing Bitbills! on: May 09, 2011, 06:03:40 PM
  That's a lot of work to go through for ~$35 max.

Already there are $75 cards and this will only go up. It might cost thousands to find a good way, but then each time will be cheap. I'm thinking special camera or something.
4702  Bitcoin / Bitcoin Discussion / Re: [RFC] New TX fee: 0.0005 BTC on: May 09, 2011, 06:00:32 PM
I'm in favor, just keep in mind that the txes with such low fees/outputs will probably not confirm for quite a while (limited space per block for "very low priority" transactions).

I thought 'priority' only ranked free tx. I could be wrong.
4703  Other / Obsolete (buying) / Re: Job for a web programmer on: May 09, 2011, 05:48:44 PM
Shouldn't be too hard to make something like that.

Can I ask what the purpose of the site is?  In other words, why would someone want to look up information about the first transaction made to a particular address?

PM coming
4704  Economy / Economics / Re: Timecoin on: May 09, 2011, 05:46:46 PM
There are trillions of USD in circulation and billions of users this is not an indicator of a good system.
4705  Economy / Economics / Re: Timecoin on: May 09, 2011, 05:45:44 PM

I guess all this people are just stupid.


Uh huh.
4706  Bitcoin / Bitcoin Discussion / Re: New TX fee: 0.0005 BTC on: May 09, 2011, 05:42:06 PM

Consensus on IRC seems to be building around a change to the minimum TX fee, reducing from 0.01 to 0.0005 BTC.

See https://en.bitcoin.it/wiki/Transaction_fees for a refresher course on TX fees.



+.0005

4 US cents is ridiculous.
4707  Other / Meta / Re: Improving the Bitcoin Forum on: May 09, 2011, 05:41:32 PM
I know buying and selling seem like a reasonable way to decide a marketplace, but I for one am never in a buying or selling mood, so I always open both. But it would be helpful if it was broken like jobs, physical goods, virtual goods, services. Or something like that. I know Kiba just did a lot of work, I'd help rearrange, or we could leave threads where they are and let new posts go in the categories and not worry about old ones.
4708  Other / Meta / Re: [applaud]/[smite] system? on: May 09, 2011, 05:35:49 PM


what about formatting posts that are not serious or do not advance the topic differently so they can easily be skipped?


I like this. It's much better in terms of feedback on what people don't want to see in particular threads, but doesn't go all the way to deleting which causes pain and frustration.

Just have a button that says "Help hide this post" or similar then make it hidden by default when it hits the threshold, readers can bring it back with one click.
4709  Bitcoin / Bitcoin Discussion / Re: Imagine bitcoin is the currency of the future! would you rename? on: May 09, 2011, 05:32:01 PM
In the future there will be gold coins, silver coins, and coins. Hint: we use coins.
4710  Economy / Trading Discussion / Re: Why is it so hard to transfer BitCoins to Trading WebSites? on: May 09, 2011, 05:03:40 PM
In Mt. Gox, just go to add funds, then type in how many coins you're going to send, then send the coins to the address it gives you.
Every time I send coins to MtGox, I wonder why MtGox makes me say how many coins I'm going to send. Why not just give me the address, and credit my account with however many coins arrive at that address?

Haha, yeah, what is the deal. I like how bitcoin-central just has an address and you can cycle it if you want.
4711  Economy / Speculation / Re: Bitcoin Technical Analysis on: May 09, 2011, 05:02:01 PM
http://hostinga.imagecross.com/image-hosting-00/3828chart_pricechannel_flat.png

I keep looking at this and wondering if we're going to get any kind of meaningful pullback soon or if we're just going to drift sideways for the next couple months.  If we follow the pattern of the last two runs it looks to me like we could drift downward until early july or so down to about 2, then a huge rally would take us past 5.  Or maybe we'll just shoot for 5 now?  Exponential growth makes me nervous . . .  Tongue

That channel has always seemed pretty convincing to me, but I just was thinking about the difference between those peaks. The first was on very thin volume. The orderbook completely emptied, if the guy who sold at .50 had listed .60 that channel would be at a way different angle, and I don't mean relative to now, but relative to the volumes before the peak. The second was more actively traded. So if you look for the price where a similar relative volume was actually traded and get a reasonable 'adjusted peak' you would see a steeper channel.
4712  Other / Meta / Re: Should Namecoin Have its Own Forum Section? on: May 09, 2011, 04:43:26 PM

No kidding. Pretty much everything should have it's own forum, but not here.

Why not?

This isn't everything-with-a-block-chain.org. If you think there is lost of interest in discussing a DNS system then make a site for it. That said I prefer it all to be in one spot if it is going to be here.
4713  Bitcoin / Bitcoin Discussion / Re: Imagine bitcoin is the currency of the future! would you rename? on: May 09, 2011, 04:37:34 PM

"Hey how much is that jetpack that runs on body heat alone?"
"oh just .4678 credits, we also got financing you could be paying just .0032 credits a month!"

Just 467.8 millies!
4714  Economy / Trading Discussion / Re: Why is it so hard to transfer BitCoins to Trading WebSites? on: May 09, 2011, 04:32:12 PM
Huh I've always found bitcoins exceedingly easy to transfer...anywhere!

In Mt. Gox, just go to add funds, then type in how many coins you're going to send, then send the coins to the address it gives you.

Yeah, it isn't hard at all.

You actually have coins and are having trouble sending them to MtGox?
4715  Other / Obsolete (buying) / Job for a web programmer on: May 09, 2011, 04:30:30 PM
I have an idea for a site. It will need to keep a current database (listen to the chain I guess) and look up data for users from a list of all known bitcoin addresses and the block number of the first transaction to the address. It seems simple to me, but I don't know what language one uses for this. If there is one clear choice please tell me and I'll modify the title.

It would be nice if the same person was willing to help with domain name and hosting stuff. If you have these sort of skills PM me and I'll share more details and you can make me an offer. I'm looking for low rates but not pathetically low.
4716  Economy / Marketplace / Re: Introducing Bitbills! on: May 09, 2011, 04:28:45 PM
Looks very cool.

A couple thoughts.

Checking the balance doesn't mean much since anyone clever will wait until after the sale to move the coins and you won't be rushing out to destroy the bill normally.

Even if it is virtually impossible to make a bill that could fool you, it won't be nearly as hard to fool someone who hasn't handled them themselves. This is more of a problem in the beginning, but it could recur as you change the design.

The prices seem reasonable. Will they get even lower if you can scale up? Do you figure people will trade them at face value or retail? Smaller denominations coming soon? Smiley
4717  Other / Obsolete (buying) / Re: Buying Ⓑ5 at $4 each with paypal on: May 09, 2011, 04:00:05 PM
If I remember right, it still has fees, but they're payable by the sender.. right?

no fee for personal unless it is out of country.
4718  Economy / Marketplace / Re: kamikaze game of chance on: May 09, 2011, 02:32:15 PM
Quote
I haven't been paid my cashout of .44 yet. Looks like it's manual, you going to automate?
1EidtUZpMbQ3S9aLD7kcYLxhfc7fFym86M i paid .44 to this address long time ago.  Huh

Yes, I see you did. 1EidtUZpMbQ3S9aLD7kcYLxhfc7fFym86M is the address I paid to deposit. Did I give it as the withdraw address by mistake?
4719  Economy / Economics / Re: Why all the focus on USD Fiat exchange??? on: May 09, 2011, 05:37:45 AM

Absolutely every Canadian I've talked to has said they will happily accept Gold/Silver with a smile, that includes companies.

Do they sell the metal or keep it as savings? Are they getting it from customers cheaper than they could buy it?

It always seemed to me that it logistical difficulty made it more sensible to use the currency of the realm and then buy what you wanted to save in (and I think gold is a great choice).

Are you spending metal at these places? Moving to Canada is in the back of my mind with the whole collapsing fascist anti-poker regime we've got happening here. Before Bitcoin my dream was to have relationships with merchants who would take my metals so that I could hold very few FRNs, but I don't know how to do it. Now I'm banking (pun) on Bitcoin and I have much higher hopes.
4720  Economy / Economics / Re: How Much Of The World's Gold Was Mined Before People Started To Think Of It As $ on: May 09, 2011, 04:51:25 AM
Surely a lot of gold was dug up when it was a great barter good, but not yet full blown money. It isn't a black and white thing.

I suppose it's interesting that with gold very little is mined until people put a lot of value on it, but with bitcoin ~30% would be mined at this point with tiny interest or with worldwide acceptance.

As is frequently repeated though, mining is not the point. I could imagine a scenario where Bitcoin is introduced, say, 17 years ago. And it is way too early for major acceptance, but most of the coins are mined by this point. And now it gets in Forbes as this long lost great idea to save us from government money and some people invest in GPUs, but since the reward is down to 3/block most mining involves going to computer graveyard and searching hard drives for wallet files. We would essentially remine the coins once we realized the great value. Point being that the 'forced' creation of the coins isn't a problem. They will sit with miners or on forgot hard drives from 2009 until the world 'demands' that they be found and released.
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