BTC-TC apparently has a way to import the lists from GLBSE with little hassle. I hold both Cognitive and Bakewell shares and it was really easy as a user to claim my shares after they were imported.
I second the BTCT.co option. |
|
|
|
|
Have these things started showing up for sale on Silk Road or Bitmit yet?
|
|
|
|
At present there are 3000+ unconfirmed transactions. But why the newly found block adds only 8 of them to the block chain??
who controls how many will be added to the block chain??
Thanks
Could you link to this block? The miner who mines the block (or the pool who distributes the work to the miners) gets to choose which transactions (if any) they want to include in the block that they mine.
Their isn't much cost associated with increasing the number of transactions in a block, so if the block isn't full (there is a 1 megabyte limit on block size) many miners and pools will happily include as many transactions as they can. However, the miners get to keep the transaction fees associated with any transactions, so there is a financial incentive for miners to include transactions that have fees. If there are enough transactions to fill a block, then there is a financial incentive for miners to include only the transactions that have the highest fees until the block is full.
Perhaps one of the 8 included transactions was very complex, using up much of the 1 megabyte limit for the block? |
|
|
|
A big problem with decimals is that people will make mistakes.
It is easy to send 10.25 BTC but it is more accident prone when you have to send 0.000001025 btc, especially when you are in a hurry (is that 5 zero's after the decimal point or 6?)
I know, I know there are ways to overcome that, but it will be a hassle if we have to add too many decimal places
If people regularly make purchases in such small amounts, the software will be calibrated to price things in a useful unit. Instead of pricing things in btc, we will be using millibitcoins (mBTC) or microbitcoins (µBTC) or satoshis. Another form of inflation people should consider is alternate cryptocurrencies, like litecoin or namecoin. |
|
|
|
But with BTC, loan is not very common (people would rather take loan in an inflating currency, USD for example), this scenario is less likely to realize
You should look over in the "lending" part of the forum, there are people making loans in btc right now. |
|
|
|
Buying and selling is always easier said than done. One of the fallacies that I see above is thinking that an OTC seller is going to neglect to calculate that if you were to buy on an exchange, you'd be facing increasing resistance to your buying. So the OTC seller is going to split the difference, that way, you both win.
If the exchange rate is 10 usd per btc, Al has 10 000 btc and Bob has 100 000 usd, by trading otc they both benefit. Al looks at the exchange and realizes the price would plummet if he tried to sell them all at once, leaving him with fewer usd than he would like, Bob looks at the exchange and realizes the price would skyrocket if he tried to buy them all at once, leaving him with fewer btc than he would like. So if they come to an agreement to exchange at the current rate off the exchange, then they both come out ahead. Both the OTC seller and buyer are splitting the difference by using the current exchange price. |
|
|
|
I have now received the list from Nefario and I will be working towards sending out an email to each investor this weekend  //DeaDTerra Did that go out? I didn't get anything yet? |
|
|
|
|
Do you let customers pay in btc? I checked out the website, and I didn't see it listed in the payment options.
|
|
|
|
|
This is a very reasonable list.
On the topic of bonds: if you are not going to pay back the principle, then it should be a stock instead.
|
|
|
|
The world has used gold as money for thousands of years because its purchasing power cannot be inflated away by governments and banks. Gold is mined at roughly the same pace as the increase in world population.
Well, you are forgetting 17th century southern Europe when Spain imported so much plundered gold from the New World that it caused widespread inflation. This raises an interesting questions: Is bitcoin (or something like it) the final nail in coffin of nationalism? Once everyone's using the same money... doesn't that largely remove the need for government beyond the local level? I would hardly call bitcoin the last nail in the coffin. It is a step in the right direction, but there is plenty of other stuff in the way of peace besides just which money people are using. |
|
|
|
In city of Shanghai where I live, an apartment suite of premium quality can be sold for 10 million Chinese Yuan which equivalents to US $1.6 million. If someone sells a suite of this kind (there are at least a couple thousands of them) and uses the money to invest into bitcoin, he can get 118+ thousands BTCs and thus enters into the World Top 10 Fortune List of Bitcoin. A buy of $1.6 million would only get you BTC86810. It depends on how you do it. If you find a seller (or several sellers) with enough bitcoins then you could do it all otc for the current rate. If you try to do it o mt gox, you might not even get that many if people are able to pull their asks quick enough. |
|
|
|
Or perhaps... we forget about the advanced menu and just make the import private key function available, but the user is prompted with an option of sweeping the funds when they do it. Like when they go to import the key it will show a message like "If someone else had this private key before you, your funds may be stolen. You can eliminate this risk by transferring the funds into your other secure addresses. Would you like to sweep the funds into another account?". Problem solved. You're welcome.  I would have that prompt off by default and not even bother with the explanation, and if anything, have an option in the advanced menu that turns that prompt on. So, by default, one can only "sweep" a private key. BUt if they go to the advanced menu, they could turn on a checkbox that gives them the choice of sweep/import each time they do it. And that's a HUGE if. I think if users can sweep keys, there is no good reason for them to import them into their wallet, and plenty of reasons for them not to. The main advantage to importing versus sweeping is a) seeing future funds in your wallet if you're expecting them, b) preserving the bitcoin-days-destroyed and number of confirmations, resulting in a far less likelihood of needing to pay a fee to immediately respend the money. Advantage A could be offered with a checkbox: "Remember this key and sweep any funds that arrive in the future?" and a boolean flag on the address that prods the client to sweep any time incoming money is seen. Advantage B is relatively obscure and only those experts who are micro-managing their wallet should care to control it, especially if the coin selection algorithm is decent. Someone with that much expertise and that much desire for control already understands the command line anyway, making it arguable that an import option is good enough when restricted to the RPC API. If the number of confirmations is important for not incurring a fee, wouldn't sending any coins put into the address to another address you control require a fee? |
|
|
|
|
Perhaps instead of going into intricate detail of what bitcoin is and how it works, you could simply state "I received the money as payment for some computational work and data processing I did with my computer." It is the truth, and even non-computer people should be able to understand it.
|
|
|
|
20 million dollars of oil is imported just by Ireland ever HOUR. Not trying to derail the thread, only heard that figure a few days ago and still a bit shocked by it, Ireland's at 62 in the charts, all the top 12 are over 10 times that.
Is anybody trying to sell oil on Silk Road? |
|
|
|
I tried to be a little more subtle when I asked "And what do you think would happen if we rally above 13.09?"
But fuck it LET'S DO THIS SHIT 13.10 BITCHES!!
Is there some significance to 13.09? |
|
|
|
I bet there are several "RALLY!!!" threads lying around, why not just reuse an old one?
Because it's a new rally! I am not sure it is. This is the same rally that has been happening ever so slowly since last december. |
|
|
|
|
Her we go again! Straight up!
|
|
|
|
|
I bet there are several "RALLY!!!" threads lying around, why not just reuse an old one?
|
|
|
|
The ask price is now 12.94. You still buyin up? Didn't think so  Obviously not. My point is that maybe breaking a 10-day high provided psychological relief after the post-halving uncertainty, thus opening the floodgates for the subsequent buying volume. A ten day high is nothing for bitcoin. Now, if you could buy up past the all-time high (about 32 usd/btc, less than 3x what it is at now), that would be something to talk about. |
|
|
|
|
Show Posts
