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dunno why it was bumped.
but maybe there is a slight premium for coins that have less then 4 hops from a miner, so that they are atleast classed as clean.
even bank notes leave the mint. the delivery driver 1 drives it to the central security vault. another driver moves it cross country. the bank teller counts it up before putting it into an ATM.
so even those wanting to trade dirty bank notes think there is value in ATM new notes.
no need to reply
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although this thread is not about true dust of 1 satoshi.. i thought i should reply about actual satoshi dust.
banning 1 sat transactions is like saying we don't want Bitcoin to be worth thousands of dollars a coin in the future, causing the transactions for my loaf of bread becoming invalid in a few decades.
imagine this one company Satoshi dice. is giving you a sneak peak of how all transactions will be like in a few decades. where people will not be moving bitcoins, but satoshi's.
instead of banning them. finding solutions to accept them without causing strain on the system is what we should be all aiming for
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he is definitely on the money when he says Bitcoin can be worth $1000 to 100,000 or more.
just imagine it. don't EVER think that 7 billion people will all be using Bitcoin. but take a more reasonable number.
21 million people (for simple maths)
if each of those people wanted to store $1000 of their savings as Bitcoin... boom a average price of $1000 per coin AT LEAST(once all coins are mined. or currently nearly $2000 at current circulation amounts)
so ill end this by saying
I'm glad i am a Bitcoin..............
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thank you magicaltux. with the ramp and dump the other day i suspect your bandwidth got stretched to breaking point with EVERYONE looking at the charts/tickers.
so im glad to hear your moving the tickers to separate area so that it helps to keep live data flowing and most probably helps ease the ability to add more servers later with higher demand over the next few years, without affecting the other parts of mtgox.
it might be worth adding that it is best to use these tickers for actual 'live day traders' and other people EG just for 'curious/browsing audience' to use charting/data servers such as clark moody/bitcoinity.org. as they are only a few milliseconds different. but it help offload/reduce the strain on mtgox themselves.
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going by avalons email update Starting from next Monday(4th march), units will be en route to their country of destination and tracking numbers will follow maybe 2~3 days after (it is at this point onward which you can expect an email from us with the tracking information), we expect this process to continue to the 10th of March until all the units have been shipped out, if all is well people will get their units in-hand in the middle of March.
A week before batch #2 is ready to ship, we will make an announcement to those who wish to trade-in their last generation units to sent in their units, once we receive the units a custom order will be made for you to pay the difference depending on what you have trade-in, remember 1 trade-in discount/coupon is allowed per 1 Avalon unit. For clarification the shipping priority is as such:
Developers - e.g. bitcoin core dev and other bitcoin contributor we feel deserve this treatment.
Trade-Ins/Old Customers - your unit will ship soon as we receive the FPGA and you've paid the difference.
Regular Batch #2 Customers - Unfortunately you are not special.
i thought all 300 units of batch one were out and dealt with already in february for them to then release batch 2 order page.. my query if the batch 2 units are meant to be on route to the country on the 4th of march with tracking numbers given out by the 7th of march. why have the icurus people not received an email asking them to send their unit back. what im guessing is 4th of march they are sending out developer units only. which means these developers should have received tracking numbers by now to receive their units for mid march. then guys like the OP should receive an email asking them to send the icurus back to them. to then get the ASIC in a fortnights time presumably. leaving the regular customers waiting 3 weeks more for their unit tracking number? hmmm, im bookmarking this page.. just to know when the trade in guys get some updates |
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"Mining" is actually a wonderful term. People immediately think about precious metals like gold. The word implies that anyone can get into the game, just grab a pick-axe and go! And it also implies some sort of reward. As far as marketing goes, "mining" is genius. Who cares if it's not technically accurate" The word encourages action.
"Auditing" is a term only an accountant would love. The negative connotations are severe (at least, here in the U.S.).
mining is actually a term to make people immediately think about precious metals... but its not a precious metal. but its not a commodity (raw material) that can be used to make other products but its not a element on the periodic table of elements but its not a physical item you can hold. so calling it mining is just to add speculated imaginary value by making people imagine gold. its better to call it something that resembles what it actually is. so auditing is a closer term to use, as is 'vectoring' due to the use of the elliptic curve which is part of the bitcoin system. 'hashing' i would even say 'hashing analyst' but the noobs would be saying "oh look they said anal" |
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i think a few people need to re look over the words centralised..
centralised is DIFFERENT from controlled/owned/ patented.
no one single entity owns the entirety of Bitcoin. but where everyone uses one central place as their value indicator then that IS centralisation.
an idea of decentralised:
basically if it took you all day to mine Bitcoins and you had no other real life job then you should value those Bitcoins as enough to cover a days worth of bills/lifestyle needs.
if you have a job and Bitcoins don't mean as much to you as the last statement suggests then you should base your Bitcoin values at less.
but:
where everyone uses one single and sole provider of price value is centralisation at its main and best description.
do not confuse being centralised with being controlled. they are 2 different things. you have the choice to value your coins at gox prices or not.
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number of merchants
network difficulty
current network hashing power
much like how gold gets a value, how costly it is to get from gold miners vs how many people want it.. add a little more on for speculation and profit. and u get a rough idea.
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I'm curious to see what LTC is going to do once ASIC Is fully integrated with bitcoin.
GPU miners on bitcoin will either stop mining bitcoin and move to Litecoin, or they will sell their gear and buy a bitcoin ASIC. hints of a Litecoin FPGA are floating around. but unlike butterfly labs HOPEFULLY they wont make promises until they have final units tested, and then make a big news announcement (the way it should be done). but back to actual reality today, instead of possibilities of the future. More Gpus on litecoin makes it harder to mine = more cost to mine = miners wanting more value to cover costs. Heh. Promoting LiteCoin. Not a bad idea. =)
this is just a small part of it. talking to actual bricks and mortar merchants, developing payment gate ways, merchant tools and other services are all in the works too. and now ill leave you all to speculate the possible futures. |
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nice reply on the comments section of the newspapers page. just a shame the guardian will never read it This news paper is digging up old news from 2011 when the only use of Bitcoins was the black market. i guess their researcher needs to prepare his resignation letter sooner then expected. Bitcoin is used NOW! globally for THOUSANDS of legit businesses as oppose to the one 'dodgy' website known as silk road. Saying that the whole half a billion dollars worth of market capital is silk road, is like saying the whole of Norway is an underground currency based purely on one street of one town of Norway where there is known to be a couple drug-lords hanging around. Get out of the sheep cycle of propaganda and actually do some proper research 'Guardian'. bitcoinstore.com wordpress.com www.grippit.co.ukwww.xecnet.comThat's just a couple. how here is a bigger list (but by no means complete) www.spendbitcoins.com/placesI have personally never used drugs and those within the user base of Bitcoin I chat to also don't venture into silk road. you are comparing it like the dollar use to be back in the days of the wild west. when money was only good to spend in saloons on beer and prostitutes. Yes that's right Bitcoin has grown into a proper currency in under 2 years of its 4 year life thus far, where it took dollar 100 years to get to this point. Now imagine the future of Bitcoin |
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more hysterical postings about lost coins.
i truly feel this is more attempts at some 'robin hood' type of people tryng to create fud to then use as justification to steal other peoples long term investment.
the 2% loss per year is of small denominations of FIAT.
trust me people owning bars of gold or expensive artwork typically don't just lose it.
don't worry about other peoples coins just look after your own.
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first bug/issue
the order book doesn't update unless you log completely out of ripple and log back in.
it doesnt have to be on a timer but atleast set to update if you changed the issuer or the currency type would help people get most up to date pricing when trading with bitstamp ETC.
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Probably a wallet-stealer.
a wallet stealer, a keylogger a stealth miner set to use your computer to mine coins for someone else. now you pick one. its poorly designed with a colourful background like most script kiddies programs usually are. ask yourself wheres the source code and how do i self compile it. ask that question with any program that is not produced by a legitimate business. or a friend that you can atleast slap with a wet fish if it turns out to be rogue. |
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let bitcoin be the amsterdam currency for drugs, guns and prostitutes, along with cheap electronics. and let litecoin be for everything else.
Freedom is scary, isn't it? it is when you got one guy spreading fud saying its in the name of freedom but then saying don't spread your wealth anywhere else. lol if bitcoin gets out from just the 'amsterdam currency' niche market great. but at the moment the majority of bitcoiners are not helping themselves out beyond those markets. having the freedom to choose which to push forward, should be just that, a freedom. no competition at all and a mindset of staying in a niche market wont help bitcoin at all. they need competition just to give them more incentive to thrive and to expand, else in 4 years time they will be saying "we have value because of silkroad" as their only defence that there is a constant supply and demand. |
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thanks (sacasticly) to Luke Jr for trying to make lite coin look bad https://en.bitcoin.it/w/index.php?title=Litecoin&diff=prev&oldid=35713luke JR has a personal grudge against litecoin and has been at it since late november 2011 putting in false and vindictive comments about litecoin. why?? because he knows litecoin has potential. i dont tell people to read the wiki on litecoin because its now one mans fud files and no longer a source of truth. instead i give out free litecoins and let people try it out for themselves. if they done like it, they can always stop using it. luke Jr has obviously missed out all the social values of bitcoin and only cares about the financial value of bitcoin. thats why he creates the fud. i dont care which digital currency goes mainstream and takes over the likes of paypal and other payment processors that have geriatric banking restrictions. as long as one does, and has a good reason in doing so. there are too many anonymous people wanting bitcoin to stay anonymous so they can continue doing dodgy dealings, there are too many profiteer's not wanting a world invasion which will cause a stablised price. so for me litecoins is the perfect candidate for mainstreaming. let bitcoin be the amsterdam currency for drugs, guns and prostitutes, along with cheap electronics. and let litecoin be for everything else. openly trading with each other. lots of people talking about making a bitcoin have red and green addresses depending on what its used for. well litecoin can be the green address. |
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im still offering 2BTC if you have 80,000 XRP
or smaller multiples
EG
ill give you 0.2btc for 8k xrp
ill give you 1btc for 40k xrp
or any multiple of 0.1btc.
some people have noted that if they try sending their whole balance of 40k/80k, ripple doesn't like it much due to the 300xrp minimum requirement.
so i will adjust the prices to help you out but i cannot do the minus 300 on smaller multiples below 20k.
so i am willing to do:
78,600XRP and ill still give you 2BTC,
39,300 and ill still give you 1BTC.
19,650 and ill still give you 0.5BTC
message me if interested
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hahaha.
