Just a question for people....would you be more likely to use this service if it was semi automated for you?
I would, if I have any money. |
|
|
|
No, I don't think so. All it does is make scammers' selling of bitcoins less profitable.
As well as honest traders! I don't know why you are asking for them to make their service worse to all of us. If they really need more money to survive, they will demand it. While they are doing it for free, we should all be thankful. Donate them if you will - as I think I'll do - but don't ask them to charge fees! Come on!  I don't want mtgox to get shut down. I also don't think donation will be enough to prevent a shutdown. |
|
|
|
This is poor economic reasoning.
I've seen a lot more of that since joining this forum. Considering the main topic, I was expecting a higher level of economic education from the average active member than I've actually seen. It add nothing of substance to the topic... |
|
|
|
It might be possible that a transaction fee could slow down the scammers, or at least encourage them to try some other method. Isn't it?
No, I don't think so. All it does is make scammers' selling of bitcoins less profitable. |
|
|
|
In a normal economy deflation is countered by printing more money. Inflation is needed for an economy to work. Economy is driven by the trading of goods, and money makes it effective. If there is deflation, it makes more sense to keep the money and not trade it for goods. If goods keep their worth at best, while money keeps getting worth more and more, then no one will be willing to trade their money for goods and the economy collapses. In my country it was government policy during the 1930ies to have deflation until the money was worth the same as before the crash, and this made the depression last for ten years more than it would if they had just devaluated and started the inflation again. A lot of rich people would be poorer, but the economy would have recovered faster because of more incentive to spend and invest. (Hyperinflation is not good either, because money needs to be trusted to not lose their value to fast.)
This is poor economic reasoning. The necessity of monetary inflation does not follow toward economic exchange and the effectiveness of money. In other words, this is a non-sequitar. His reasoning also ignored the fact that people need foods, water, and the like. All of which will exceed the desire to horde. It is worth noting that money, by themselves are not an end. For any of the money to have any use at all, they must be spent and invested, or otherwise saved for some future catastrophe, spending needs, and others. All the saving rate does is forecast the time-preferences of the consumers, thus economies will follow consumption pattern that are longer term and make possible capital intensive projects. I say his reasoning is a bunch of gibberish easily disproved. |
|
|
|
I can't believe people are sending cash in envelops with the word cash on the front.
I don't think that brochure was a coincidence either.
Well, I've been silly enough to lose 10$ this way. My mistake. I won't do it again. Also I think if some guy had to steal 10$ this way, I guess he needed it more than I do. Somebody stole your 10 dollars letter mail along the way? |
|
|
|
|
15 bitcoins in the treasury! That mean 7.5 bitcoins are available for the Chaos Computer Club!
|
|
|
|
I don't usually step into these discussions where I don't have anything of value to add, except to make smart ass remarks and take a shot at sarcasm, but c'mon guys, what's with this call to violence? You begin to sound just like the government: we can't outsmart them or we simply don't bother to try at all, so what else can we do? Oh, right, BOMB THEM. I'm not here to judge, nor do I have the moral to do it, but just my 2 bitcents here, can we not create a honeypot scenario and scam the scammers? I know there's a test network  So here's what I propose: - Lets come up with a legit looking exchange - Get some bogus volume going - Get the money stolen by the scammers on our pockets, along with the credit card details so we can give it back - Log ips, try to get into their machines, etc I can code something up, if there's people up for the design part. Also, we need to find a way to keep legit users at bay. Ah, yes, and there's no telling if mtgox and johnyrich didn't do that already... hehe Waste of time and money. We need a reputation system of some kind to keep the scammers at bay. |
|
|
|
Google peer-to-peer or p2p reputation systems and you'll see it's an active area of research, with all kinds of sophisticated schemes in development.
I don't think there's any need for the bitcoin project to get directly involved, any more than the Fed is involved in credit bureaus or the FTC. It's pretty interesting stuff though...
Bitcoiners, however, have an interest in reputation system because it is directly applicable to the bitcoin economy. We have no court and police, but the reputation of men. |
|
|
|
Would it be any safer to accept funds from "verified" paypal accounts only?
But what if the verified account is hacked aswell ! Increased barrier, less likelihood of fraud. |
|
|
|
I remember Wikileaks' headache earlier this year when their Paypal donation account was commandeered and when someone leaked the donors' identities.
Perhaps we should emphasize that Bitcoin would encourage more donations by protecting the privacy of the donors and so on, using Wikileaks as an example.
Perhaps we should try to contact wikileaks directly... One charity at a time. |
|
|
|
Damn that sucks.
Market correction. I rather find out now than find out later. |
|
|
|
I'm not surprised.
Such a high rate of chargebacks does not bode well for future CC->BTC trades, no matter what intermediary companies are used. Identity verification is the only real solution if you want to do that.
Bitcoiners could get together and exchange dollars and bitcoins? |
|
|
|
I don't use MtGox, but the website says:
Mt. Gox charges no fee and is free to use. Donate a few BTC to help keep it that way: 1EuMa4dhfCK8ikgQ4emB7geSBgWK2cEdBG
Why not use that?
I was planning to donate but I have problem with compiling bitcoin. I will donate soon. However, people do not have incentive to donate to mtgox. IF they could, they want to keep as much of their profit as possible. This meant that mtgox essentially rely on the few suckers who do donate. Second of all, even if they did, it will probably not be sufficient to cover the volume that mtgox experienced everyday. I can`t understand why people are asking for donations to who are doing > 1k daily... Valerius. I don't understand. |
|
|
|
|
What is the timetable for a new payment processor to go up?
|
|
|
|
|
I think MMO are still one of the most potent potential economic engine for the growth of the bitcoin economy.
|
|
|
|
|
Could be abused to blacklist people they don't like.
|
|
|
|
I am starting a membership drive for the Bitcoin Mutual Aid Association. Whatever in the BCMA's treasury will be divided by 2, then the proceed will be donated to the Chaos Computer Club. We only have 2 members, with 10 BTC in the treasury. 5 BTC goes to the CCC. 5 BTC stays in the association's treasury. Keep in mind that you will have to pay 5 BTC membership dues every two weeks. However, anybody in the BCMA will get member discount with any business that are members of the BCMA. The BCMA will offer more benefit as soon as people figure out what BCMA should also offer. Join and receive benefit, while also donating to the bitcoin promotion cause: http://fivegrinder.com/group/Bitcoin%20Mutual%20Aid%20Association |
|
|
|
I thought about filesharing service. I think about using S3 as hosting place and requesting payment each time someone wants download something and share these fees with person uploaded file.
If this this niche not taken yet, please, add me. I plan to start work on it after 17 Oct and hopefully get first beta within week or two.
Need to polish bitcoin poker room tho... =)))
Updated. |
|
|
|
|
Show Posts
