Sure they can create a centralized one. But for the first time in history they now have to compete with trustless cryptocurrencies. We've solved a real-world problem that's never been solved before and that changes how things will unfold in the future.

It's most likely due to the mining space becoming more crowded with new products like HashFast, Monarch, etc.

Ah, that makes sense. Thanks.

Anybody else having issues with their dividend transaction making it into a block?

https://blockchain.info/tx/0d26f95eb8e2b35eb7c4f19576ab4de57f6e0134d0b54cdd9b25af132b18bafc

Not even AsicMiner is including it :-(

I like your idea, but if the majority of the capital, 3 million dollars, is only getting a 20% stake, I don't see that as a good deal. Are there any other investments that are being made? How much and for what portion of the company?

From BTCGarden's Chinese founder:


From yuansuyi:

My hypothesis (which could be totally off base):

1) Some Chinese guy, gridchip posted the news in a Chinese forum last month. Seems like a lot of people didn't believe it.
2) Bitcoinexaminer publishes a story about it
3) Wall Street journal republishes news from bitcoinexaminer

This whole thing just keeps getting weirder.

Edit: The gridchip post is this one:
https://bitcointalk.org/index.php?topic=252233.0;all

It talks about a 40nm chip being produced. I'm thoroughly confused, haha.

Hashrate has been terrible this week: 0.015

5 @ 4.57

Hi Keyur,

Thanks for looking into this. I'm an idiot. Every other time I transferred money into Dwolla first and then sent to Campbx once it had cleared. This time I don't know what I was thinking.

Anyways, thanks for your service! This is the only exchange I can really use now, now that MtGox's Dwolla account has been shut down. I've been pretty happy with Campbx so far - my only feedback would be to work on your scalability. The site can get pretty slow.

If you need any advice on load balancing/scalability, just PM me. I've had to scale a number of applications in PHP and node.js using Rackspace, Linode + AWS servers.

I've been trying for several days to initiate a deposit from Dwolla. Each time it says "FAILED: Unknown Dwolla API error. Contact (515) 280-1000." I called the number (it was Dwolla's) today and they triple checked my account and said that everything is fine on their end and it must be a problem on CampBX's. I've put in a support ticket for this (KNH-829-34146) but haven't gotten a response yet.

I've been able to send money through Dwolla just fine in the past. It only stopped working on Friday. Anyone else having these problems? Keyur, do you see anything in your logs about what is going on?

I saw this as well - kind of disturbing.

rBStTTesioFrQZ7dhxwhJPZD1aVZ6BXjCP

@mccorvic - I welcome anyone to submit questions! It's not going to influence your chances of winning much unless you are sending A LOT of questions. The more questions I receive the more diluted your questions will be, so in the end it won't really matter. And you bid before you see the question anyway. If anyone has questions which they'd like to send to me, please email me at info@bittrivia.com. I appreciate donations, but if you would like to get paid for them, just name your price and we can work out a deal.

In the near future I hope to have a section of the site dedicated to question submission.

When you are submitting questions, I'll accept any format, but the best format would be either an Excel document with three columns: question, answer and category, or a text file without extra formatting so it is easy to write a script and import the questions.

The reason I don't put up the answers afterwards is to prevent bots from harvesting answers to questions. There's a limited number of them, and they cost money to replace. But, you can always ask the chat what the answer was if someone else got it right!

Thanks chevy! I'm looking forward to watching another one of those games sometime ;-)

Thanks guys, glad you liked it :-)

Anyone with actual BTC want to come to the site? Right now we're stuck at less than 0.01 BTC per round.

Anyone up for a game of trivia? We need some more people to get a good game going. @bittrivia.com

I just launched a new website a few days ago at:
www.bittrivia.com.

You can compete against other players answering trivia questions.

After you make an account (quick and anonymous), you can send bitcoin to the btc address shown under your name to deposit money to the site. Or you can play a few rounds without bidding to see how it works. During the guessing phase, try to answer the question as fast as you can - either from trivia knowledge or from being able to google quickly. If you're the first person to correctly answer it, you win up to how much you bid from each of the other players. It is also possible to win if you didn't answer it first, if there is still money left over in the pot, and you bid higher than the first person.

The way it works is similar to poker with side pots. If the first person to correctly answer bid 0.01 BTC, they are entitled to up to 0.01 BTC from each player. If the second place person bid 0.02 BTC and there is money still left in the pot, they can get bitcoin up to the amount they bid from each player - and so on down the line. Money left over in the pot is returned to the players that bid it.

After you are done playing, you can cashout to any bitcoin address. Cashouts are instantaneous so long as there is at least one confirmation on your deposit.

Check it out, it's a lot of fun!

@gbl08ma

Yeah, I'd have to make sure to limit the number of questions that a user can submit so that they don't gain an unfair advantage. For example, right now there is 2500 questions. If a user contributes 100 questions, that's only 100 / 2600 = 3% change that they'll see one of their own questions, which is pretty small. As the site gets bigger and the number of questions grow, the percentage that a user contributes compared to the total, should be quite low.

But yeah, there will have to be a review process for checking the questions to make sure that there aren't duplicates and that the quality is decent. Checking for duplicates can be pretty well automated - I can write code to search keywords from the questions they submitted against the database.

@Thaddeus and others - I would be happy to receive questions from you guys! I plan on setting up part of the site dedicated for people to input questions and get paid for them. In the meantime, if anyone wants to donate any free questions, please send me an email @ info@bittrivia.com. Thanks!

In response to your other comment: the idea was that if someone knew the trivia question already they would have an edge over the people who had to google. If no one knows the answer, then yes it turns into a google race. I do see your point that it can be frustrating for new users since they are competing against other people who already have practice. But usually after a few rounds they get up to speed with the way it works.