Me too. A percentage of those caught in the current wave will probably figuer out Mt Gox, and that may take a few days to show up as bank transfers make their way through.
I think the main uncertainty is in legality; the people with the core capital and competencies to establish a physical exchange would like to know the legal status of BTC before they dive in.
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I was worried about that, too. But it payed out to 150 to and address and 50 to another, then misc.
Hopefully, he'll just have a nicer page for it!
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I am 90% certain that Calcanis purchased ~100k of them a week or two before his show, and is now trying to promote the crap out of them for a quick profit.
Bingo. Now does he cash out quick, or does he go in for the long haul?
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I like Jason Calacanis, but you have to know what you're getting in for.
The reason Leo seemed suitable is to have a visible positive use for Bitcoin, with a nice person on the Internet who doesn't scare normal people.
The logo seems fairly high resolution. We could make it a bitcoin logo, potentially with a QR code.
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Thank goodness!
knightmb is in the perfect position to start selling Bitcoins in a physical store. Even at high markups, cash to BTC on Android or to a specific address has the potential to sell like gangbusters. The high markups would be necessary to ensure profitability while finding someone else who'll take USD for BTC.
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Leo Laporte of the TWiT network has a promotional scheme which allows the purchase of a brick facade with logo for the new studio. It's pricey though; $640 (say approx 90 BTC). If 10-20 people thought it worthwhile, I'm sure we could convince Leo to accept payment in BTC. A mod could set up one of those Bitcoin kickstarter-style things. Basically, I'm wondering whether a sufficient number of people are sufficiently grateful to the TWiT network to pay 5-10 BTC and get this promotion for Bitcoin. It would be nice to get some good press.
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I'm proud of Bitcoiners!
I used to hang out more on survival forums, and was shocked by the casual racism of that subculture.
Bitcoiners appear to be giving the concept of race the respect it deserves. If dolphins ever want to participate in the block chain, I feel they'll be welcomed.
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I don't have need of this service right now, but I might well in the future if my projects go beyond my own abilities. It's good to know it's available, thanks!
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Please!
I'm tattooing encrypted QR codes for my private key so I can use these babies in heaven.
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as general public in us, uk, and few other countries (that are crucial to btc success) don't exactly care about SI that much why not to use something like that:
1 btc = 1 Abtc 1 Abtc = 100 Bbtc 1 Bbtc = 100 Cbtc
that way 1btc = 10,000 Cbtc etc...
Do not want! The current generation is very familiar with SI, which is highly parsable. Learning some ancient-Roman-looking new system is a huge disincentive to joining.
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Have you tried it without the "www."s?
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Precisely. Western Union, Moneygram, banks, etc. make money despite despite their 19th century mindsets. Bitcoin is better than they are in almost every way except scale.
Even if no one ever buys a physical object with Bitcoin, the ability to transfer money worldwide and cash it in at a BTC/Fiat exchange will keep the market active. After that, I find it hard to imagine that immigrants won't want to be paid in BTC (easily sent home, not on paper, tax...), that drug dealers won't just find it so much more convenient as a strategic reserve, that microservice providers in India won't accept BTC...
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I have been wondering whether TORCoin could be practical.
A protocol in which bitcoins could be exchanged for layered anonymous bandwidth, but it's not too obvious how it would work. Another idea would be MSGCoin, a freenet-style repository in which stored shared data distributed its bitcoin payload slowly over time.
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It's worth noting that nobody's getting "free money".
You are leveraging your previous investments and current resources for profit, and getting paid for doing real work.
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Not the way they act & with the fees they impose, they can't.
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I think Bitcoiners ARE being better than this charade.
Any antipathy towards Obama is due to his actions, not his circumstances of birth.
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If I may, Bitcoins would essentially be the energy of a potential ecosystem. BTC are convertable to all the resources required for self replication in a digital world. Would anyone care to speculate as to potential ecological niches?
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Totally, but I think that data would be really useful to an A.I. It could model it to use processing power to earn (through means other than mining) or steal Bitcoins, and use those Bitcoins to buy bandwidth, storage, processing power.
It makes the whole thing a lot easier for it.
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Obviously, you'll have to roll with me on this one.
If Bitcoin becomes humanity's dominant economy, the Network itself will have huge processing power, but what's more important is the human computation being put into providing data to the Network. Our capacity to make economic decisions is one of humanities most impressive rational traits. A network composed of millions of brains making semirational economic decisions about their environment, combined with phone geolocation and Google Street View seems like a fantastic source for data for an emergent entity.
If network traffic were paid in BTC per GB, negotiated on the fly. If phones uploaded geolocated pictures to a server and paid in BTC for distributed hosting and tor were paid a voluntary speed up package in BTC, the sheer complexity of data being processed per second should even be checked for sentience!
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I'll sell all right... Sell my useless old USD for some hard currency.
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