I don't get, why people fall for that. I mean, seriously, where is that extra money supposed to come from?

I haven't really thought this through, yet, but I think, that's the same conclusion I would have come to.

Maybe some people want to sink the price, before they are going to buy in big. I am not sure, how they do it, but some big players are obviously doing something.

lots of cheap Bitcoins to buy, have fun

I was planning to actual try the different costs to convert Euro in another currency directly(change it in Austria and change it in the foreign country) and the costs of converting Euro into BTC and than converting it into the foreign currency, but I don't know, when I will travel to a non-Euro country, might be in 1 year, might be in 2, might be more. So, I'd like to hear from the experience of others.
The obvious disadvantage here, is that I would need cash, since I wouldn't have a bank account for the foreign currency.

So, to clarify my question:
Could someone give me some numbers from own experience, what the real costs are and also compared to other methods?
So far I didn't see any numbers in the field reports I read.

lol, that again
SN was not a superb coder. Gavin stated that more than once. Recently I heard this podcast http://letstalkbitcoin.com/blog/post/mmm-s02e12-penultimatum, there was a description from Hal Finney(may he rest in peace) about the first days of the bitcoin client and how poorly written it was.
From what I gathered together, SN was a genius on the theoretical site, but not that much on the practical.

Aren't the fees on Bitcoin ATMs also pretty high compared to exchanges?

I am not really sure, where you are exactly heading, but the obvious flaw here, is that the big majority of people don't purchase Fiat, they get paid in fiat and than they have to use it.
It will take more than 5 years, so a majority of people get paid in BTC and would have to purchase Fiat to use it.

Hi guys,

I always thought that one use case of Bitcoin is, to exhange it for fiat in another country e.g. when you are on holidays there.
So far I just used exchanges to move fiat there via SEPA, buy Bitcoins and than withdraw it to my wallet. This use case has pretty low fees, when you use the right exchanges. The big disadvantage there is, that it takes some time before you really get you Bitcoins. ( I guess same if you take the other direction and want your fiat)
Looking into alternatives to exchanges especially where you get you money instantly, I realized that they have pretty high fees.

The use case, I always imagined was, that you travel to another country, go to the right place, send someone BTC and get cash(in the foreign currency) in return. In my mind, that would have less fees than exchanging fiat to (foreign) fiat, since (fiat) Exchanges take there cut.

So, I was wondering, if somebody already have experience with that use case and could tell me, if there are countries, where it is really practical to exchange via BTC and not just a ideological decision.

(I am aware, that all we want, is that you don't have to exchange into foreign fiat, but just pay with BTC directly, but I don't think, we are far enough in adoption for that and that is not really the point of this thread)

I think, what this story shows, is that you don't have to be a genius for hacking. It's enough to just randomly notice a security flaw.

I don't think, there is any vital information in that E-Mail-account. Why would SN use his fake-identity-account for anything regarding his real life? It's not like, it is difficult or expensive to make a new E-Mail-account.

danke für den Link. OK, da sagen sie zumindest offen und ehrlich, dass sie mehr Profit machen wollen.

I tried that out yesterday. I didn't really see an option to print out my private key (QR-Codes) or scan them and just create the  transaction to execute it in another online OS, which is my whole point of using an offline OS.
I also think, the Electrum Wallet way of generating adresses is way to complicated. I just want to generate a bunch of adresses to print out.

Ab gestern sind nun die Fees von anfangs 0,2% auf 0,35% gestiegen. Das ist ja prozentuell eine ordentliche Erhöhung (75%) und auch die Grenze um in die nächste Stufe zu kommen wurde erhöht.
Womit wird es begründet? Ja, wir vereinheitlichen alles, aber natürlich so, dass es für den Kunden möglichst schlecht ausgeht.

Die Frage warum die Fees für Auszahlung von BTC sehr hoch ist, wurde schwammig beantwortet.(Ich hatte da ein hin und her mit dem Support).

Zusammengefasst: Die 0,00050 BTC sind die durchschnittliche Gebühr.
Die Frage, wie man die jeweilige Gebühr pro Transaktion berechnet, wurde mir nicht beantwortet. Warum man eine durchschnittliche Gebühr nimmt, anstatt einfach das drauf zu rechnen, was tatsächlich an die Miner weitergegeben wird, wird dann vermutlich auch mit Vereinheitlichung begründet. (mir ist nach der letzten Mail die Lust vergangen weiterzubohren).
Wo es diese Transaktionen mit über 0,0005 BTC gibt(da muss es ja viele geben, ansonsten wäre das nicht der Durchschnitt) würde mich auch interessieren.
Im Großen und ganzen fühle ich mich z.Zt. ziemlich verarscht auch wenn es nur um minimale Beträge geht, aber mehr Ehrlichkeit hätte ich mir schon erwartet, anstatt so zu tun, als ob man alles nur für die Kunden macht.

I am around for a while now and know most stuff in theory. But practically I have never used anything else than Bitcoin Core.
So I am now trying to get a more secure solution for both storing and using Bitcoins.
I heard about small Live OS, but don't remember the name of some good ones.
Things that the OS should include:

- Not even having drivers for Network connection, just USB for my printer(of course the printer should work with it)
- Creating adresses in QR-Code I can print out(Multisig adresses, where I need e.g. 2 of 3 would also be nice.
- Scanning QR-Codes via webcam( I have one in my netbook and one via usb)
- Making offline transactions(I'd also need a software or site to execute them). Do you guys see any problems about storing the transaction on the same USB-drive where the OS is on?

So basically nothing fancy.
Any suggestions?

So, you are showing all messages, which are written in the blockchain?

It would be nice to go to the next site by pressing right and to the previous by pressing left.

Hi guys and gals,

I was wondering, if you people knew some good Bitcoin (audio) Podcasts. Something like 10 mins daily would be nice to get some idea, what is happening in the Bitcoin world.
I am currently not reading much here in the forum, since I am working a lot, but podcasts on the way from or to work would be nice.

Kann mir jemand verraten warum die Gebühr beim Withdraw so hoch ist?
Man zahlt 0,5 mBTC dafür. Ich dachte ja zuerst, dass die so eine hohe Transaktionsgebühr für die Miner eingestellt haben. Nachdem ich mir aber die Transaktion angeschaut habe, habe ich gesehen, dass die Transaktionsgebühr 1. nur leicht über 0,1 mBTC ist und 2. mit dieser Transaktion auch noch wo anders hin ausgezahlt wurde.

Think about it that way:
You are programming a system for a webshop. You make yourself a test-account, with 1 billion $. After you have finished your changes, you just delete the test-account.
The difference here is, that you can't delete your bitcoins, so you destroy the Private Key.

According to what I know about Satoshi I think, his Bitcoins are just considered Test-Coins.
Satoshi is the kind of guy, who makes his tests in the productive system and then just destroys the data after the test is complete.

We need more good news about Bitcoins.
Like
"Bitcoin saved cute kitten from a burning building"