This idea of making bitcoin markets decentralized makes bitcoin even more secure.
Some people with some web programming skills would be nice to pull this off. I can do
some of them myself since I have been a webmaster off and on for ten plus years.
I could eventually make it all myself in time. But again, it is against what I believe. Having "one
person in charge" of things is not the goal. Complete decentralization of bitcoin markets is the goal.
If you believe like I do lets work on making it happen.
Send me a PM...
Perhaps you could explain why the existing decentralized markets are not adequate? http://bitcoin-otc.com/http://localbitcoins.com/http://btcnearme.com/http://tradebitcoin.com/ |
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Any offers or inquiries (or knowledgeable help) are welcome.
Have you considered listing your house with any of the many bartering sites or clubs out there (since that is what you are attempting = bartering a house for Bitcoin)? Here are a couple: http://www.tradeaway.com/http://www.turbazza.com/ |
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We've come so far from buying a Pizza for 10K BTC. Congrats and I hope you find a buyer!
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I initiated a transfer out of BTC yesterday morning - 12 hours later coinbase actually pushed the transaction to the blockchain where it was shortly confirmed.
So looks like there are still major delays but eventually funds are being delivered.
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My questions comes from the possibility of "black listing" addresses in case of a hustle/steal situation if I were to create a BTC exchange that relies in honor/reputation. If someone plays unfairly, I want to be able to blacklist the address and all the subsequent addresses where BTC is sent to from that address.
This concept has been discussed many times before and is referred to as "tainting". However, it is a TERRIBLE idea and if you want to read the details of why, check out this thread: https://bitcointalk.org/index.php?topic=85433.0 |
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Anybody else having any issues?
I've had some miscellaneous issues before with transactions left in pending status after they were, in my mind, complete (money withdrawn from bank account and bitcoins credited) but eventually the transactions did get resolved. As of today a more serious issue emerged. I had sold a small amount of bitcoins and saw that they credited my bank account TWICE for that amount. Now I'm sure at some point they will probably notice and reverse the 2nd transaction, but still - consider if the reverse had occurred and they had, for example, debited my account twice for a given bitcoin purchase. In short, I would be VERY CAUTIOUS about making any large purchases through coinbase, especially if you are linking in a checking account where mismanagement on their part could result in overdrawn fees or checks bouncing for you. They appear to have some serious stability issues on the back end, though not too surprising keeping in mind that they are still in BETA. |
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One minor tweak I would make to this game: It should have an automatic reset after a certain amount of time of inactivity (say 1 day). When that happens, the site BUYS BACK the gem and resets it to the initial price.
Now everyone has a chance to participate again at the lower price. Otherwise, once the price reaches a certain point you're pool of vict... err "customers" shrinks to near zero.
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I'm curious. I know there's a few companies that you can do it with and charge like $25 per transfer to your bank account. Anyone know of any other ways?
If you have a U.S. Bank account, you can use coinbase to sell your Bitcoin and have USD credited to your bank account for a 1% fee. Alternatively, you can buy Bitcoin and have your bank account debited in USD. http://coinbase.com/ |
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Coinbase appears to be offline within the last hour or so.
And they're back! From twitter: Coinbase @coinbase And we're back re-syncing. Sorry about that! Looks like a bad node on the network. Should be all fixed. |
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Coinbase appears to be offline within the last hour or so. Coinbase Error
Whoops! It looks like we encountered a problem.
We've been notificed about the problem and are working on it. Please try again in a few minutes or you can return to the homepage.
We'll post updates on Twitter if the problem persists. No updates on twitter yet though. |
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I really don't understand roman's behaviour. From what perspective does it make sense to stop communicating like this? Is he just disillusioned?
That's my guess. Heck, if I had $250k that I had to recover through monthly profits in the 4 digits, I'd probably be pretty discouraged as well. It's really, really sad. Yes very sad. This exchange seems to be dying the death of a thousand cuts. Let's review current unfavorable recent changes to the site: - Currently can't withdraw any cash
- Currently can't make cash deposits
- No longer able to view market depth data on site
I don't know how it would be possible to continue to run a market/exchange under these conditions. Liquidity will continue to evaporate. |
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Just wanted to say that I would absolutely pay for slightly discounted "on hold" btc if you can set up some kind of secondary exchange.
Me too...On a completely different topic the Bitfloor.com site is down again.  |
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Awesome! So glad to see you are back in business. |
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Cash is one of the most fungible things there is. Yet, it's not 100% fungible. In cases of major bank robberies, stolen cash is traced back from the people using it to the thieves. I am all for bitcoins to be as fungible as cash. Cash does not have a complete public audit history of all transactions going back to its creation. Bitcoin does. Your proposal tries to leverage this fact to make Bitcoin distinctly less fungible than cash. While it's true that in major bank robberies bills can be marked with exploding ink bags or traced to a set of serial numbers, in those instances there is major corroborating evidence that a robbery actually occurred (police reports, camera evidence etc...). There is no similar reliable way to mark Bitcoin transactions as a robbery. The situation grows even more fragmented over time as each Bitcoin balance has the potential to be stolen or claimed stolen multiple times over: https://bitcointalk.org/index.php?topic=83794.0Sorry, but this proposal is DOA. |
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This is a proposal to help stop bitcoin thieves. Especially pertinent in light of recent thefts. The coins stolen from bitfloor have not been spent yet! We still have a chance to make this thief's life more difficult. Please discuss.
Your proposal is hardly new or novel. It's just another variant on tainted coins and I will resist any such proposals by personally rejecting and opposing use of any such clients. https://bitcointalk.org/index.php?topic=85433.0What you are discussing is deliberately destroying one of the most important characteristics a currency can have, namely Fungibility: http://en.wikipedia.org/wiki/Fungibility |
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I expect that if he does not pay or start to pay those of us that lost the most (and everyone else) within a few months we will get together, pool our resourses and go after him.
Was there a contract you agreed to when investing with Pirate? If so can you post the text of the contract and/or indicate if were there any default remedy/recourse clauses in the contract? Was there a risk disclosure? |
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He is still... I cannot believe my eyes  For that he'd deserve a "sad troll" tag, much like Matthew would  Seems like he is indicating he feels his "bet" is now a loss. See the tagline "I will bet you I lost more than you did.". So you're saying he should be labelled a scammer for losing 10,000 BTC of his own money?  |
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What do you mean by "finding pirate". His real life identity was known long before he defaulted as were the identities of some of his real life business associates and his family. We even know when he's next due in court in relation to other matters.
What is needed now is for people who've lost funds to actually go ahead and file complaints with the various agencies responsible for investigating investment fraud, cyber-crime, etc. The more people who do that, the better. As such frauds go, this is not a big one, so a large volume of formal complaints is highly desirable.
That's what I'm really wondering... First, if his identity isn't know, can we not at least get a log from the forum admin with all the IP addresses he logged in with and go from there? Second, if his identity is known, can we not get a complaint form together for BTCST customers to fill out so that a formal complaint or class action lawsuit may be filed? "formal complaint or class action lawsuit" What you are asking is that a group of crypto-anarchists should get together and seek legal redress from a central authority. Do you not understand how silly that request sounds and how it goes entirely against the fiber of this community? So far the only consensus reached on punishment for Pirate has been to assign him a "Scammer" tag. If you believe additional punishment is needed from the community, then by all means outline what you intend. I am not interested in hearing about attempts at punishment than involve state actors. In my opinion it should be entirely community/consensus driven and peer-to-peer, just like Bitcoin itself. If you don't like it, feel free to not participate. As an anarchist you should appreciate that others have the freedom to seek other forms of action if they feel it necessary, and they should also be able to discuss without you talking down on them or saying you aren't interested in hearing about it. If you don't want to hear about it, then close the thread and go start your own. +1 Point taken and thanks for the advice. I will continue to seek out those interested in community/peer-to-peer driven solutions to this problem and either ignore or argue against those who wish to resort to state backed coercive tactics. |
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I thought the deal with pirate was something like this.
Give me btc at 7% a week interest with no insurance or guarantee on your deposit. I won't tell you specifically what it's used for and if i default you lost your btc. Deal? Ok thanks.
Am i missing something? I don't see what all the uproar is about.
Yes, by those terms he would not be a scammer. Anyone who makes an investment and isn't willing to at least consider and accept the very real possibility of default is entirely deluded. Of course, if Pirate made claims that there was no risk of default (I am unaware of any such claims and have not done a search), then he is either making those claims in a state of delusion or is making them deliberately with intent to extract money under false pretenses (in which case he is a scammer). In my opinion the most damning evidence that he is a scammer came from his continued assurances after default had occurred that he would still pay people back. Liar = Scammer. Simple as that. Something to consider for the future if you decide to enter into a peer-to-peer investment contract where no central legal authority is involved: It should be spelled out very clearly at the beginning what redress should be expected upon default (from loss of collateral up to and including the death penalty for the defaulting party). This is one area where organized crime does a much better job of making contract details crystal clear as well as performing "contract enforcement". Bottom line: With no threat of consequences upon default, "scammers gonna scam". |
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What do you mean by "finding pirate". His real life identity was known long before he defaulted as were the identities of some of his real life business associates and his family. We even know when he's next due in court in relation to other matters.
What is needed now is for people who've lost funds to actually go ahead and file complaints with the various agencies responsible for investigating investment fraud, cyber-crime, etc. The more people who do that, the better. As such frauds go, this is not a big one, so a large volume of formal complaints is highly desirable.
That's what I'm really wondering... First, if his identity isn't know, can we not at least get a log from the forum admin with all the IP addresses he logged in with and go from there? Second, if his identity is known, can we not get a complaint form together for BTCST customers to fill out so that a formal complaint or class action lawsuit may be filed? "formal complaint or class action lawsuit" What you are asking is that a group of crypto-anarchists should get together and seek legal redress from a central authority. Do you not understand how silly that request sounds and how it goes entirely against the fiber of this community? So far the only consensus reached on punishment for Pirate has been to assign him a "Scammer" tag. If you believe additional punishment is needed from the community, then by all means outline what you intend. I am not interested in hearing about attempts at punishment than involve state actors. In my opinion it should be entirely community/consensus driven and peer-to-peer, just like Bitcoin itself. |
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