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1  Other / Beginners & Help / Re: Building trading system for bit coin? on: October 31, 2011, 07:39:23 AM
Most Exchanges charge in the range of 0.5%.  Is that really too high, especially considering that there is no minimum quantity?
2  Local / Deutsch (German) / Re: Gibt es noch Bitcoin Tauschbörsen mit SEPA? on: October 31, 2011, 05:05:24 AM
Warum gibt es kaum noch Boersen welche SEPA unterstuetzen, hat es mit dem Rechtsstreit von MTGox in Frankreich zu tun?
3  Other / Beginners & Help / Re: DeepBit pool thread for newbies on: October 31, 2011, 04:54:25 AM
True, its only about variance one the short term, on the long run, statistics should even them out. The "earnings" per day should be similar.
I wonder why Deepbit isnt offering merged mining. As per Allchains.info, there is roughly 1.6 GHash/sec out there on NMC, thats just a bit more than 50% of what Deepit has. If they'ld offer merged mining, they'ld probably be able to capture some of that market. I'ld be considering to move over to them from my current pool if they'ld  offer merged mining.
4  Other / Beginners & Help / Re: DeepBit pool thread for newbies on: October 31, 2011, 03:53:09 AM
Why would you use Deepbit in the first place? With merged mining out, you could be making more using one of the pools that supported it.
5  Other / Beginners & Help / Re: Tradehill or MtGox on: October 31, 2011, 03:50:07 AM
Putting all trades on Tradehill or MtGox wont help with innovation. What happens if the large ones get hacked and completely emptied? Do you honestly believe they'll reimburse you anything? Minimze the risk and only keep with the exchanges what you are willing to loose.
6  Other / Beginners & Help / Re: RuCoin - alternative new crypto currency on: October 31, 2011, 03:46:32 AM
And the biggest scam of all:   USDCoin.

On second thought, its already taken, its called US Dollar.
7  Other / Beginners & Help / Re: Why would anyone actually use solidcoin? on: October 31, 2011, 03:40:29 AM
Not using it (yet).
8  Other / Beginners & Help / Re: HOWTO: create a 100% secure wallet on: October 31, 2011, 03:31:00 AM
Nothing ever is 100% secure, and lets not forget, the level of inconvenience grows exponentially with the level of security.

9  Other / Beginners & Help / Re: Trust No One on: October 31, 2011, 03:28:23 AM

Consider the list...

""Do you know their full name?
Do you know where they are located?
Have they demonstrated trustworthiness in the past?
Are they asking you to trust them? (red flag)
Do they have insurance?""

is this not a list of symptoms of an anonymous culture (akin to being a the airport in the RW?)


I think herein lies the inherent problem of all new things. The community expects a full blown 100% secure market place, something that they are used from their day to day dealings with banks and merchants. People are asking for verified merchants, with addresses, names, ISO certification, 24 hours support in multiple languages, network of trust, etc.  just to name a few.

Lets look around us, which of all the tons of Exchanges and other online web sites dealing with Bitcoin and the various Alt-currencies is actually making any money at all? There are no big players throwing money at the Coin Marketplace, most of them are small start-ups by one guy or a small group of people who are doing this part-time, in the evenings after they come home from their jobs (or school kids and students who have too much time anyways). I cant think of someone who quit their job and then started up a Coin related web service. So while still pursuing their day to day jobs, do you believe they want their names posted all over the internet for their employer to see that they are having a second job, implying that this will impact their work and performance?

Ofcourse we'll meet the one or other scam, but it is up to each and everyone of us to limit our risks, dont park all your coins with an Exchange or other Online services, dont transfer tons of money to them either. I doubt that even the current market leaders will be able to recover in case they get hacked and their wallets completely emptied, they are not a bank, they dont get bailed out.

As for the wallet: stop browing porn, and you'll probably reduce your risks close to 0.
 







 

10  Other / Beginners & Help / Re: Introduce yourself :) on: October 31, 2011, 03:10:15 AM
Counting my posts to get out of here. This is #1 (and 1 and 1 minute online).
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