I don't understand why a business needs to hide their finances. Can someone explain this to me?
<- business noob.
From competitors. If all other competitors can see your revenues, expenses, etc., it is probably not very good. There might be other reasons as well. |
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I'm not talking about small /home/ business, i'm talking about big business, like amazon.com or other big boys. I agree that even for them bitcoin will only get them a few transactions. But if it becomes more mainstream, so will their finances. Ofcourse normal customers won't go thru the trouble of figuring out the blockchain, but spying on competition is a big business on it's own.
I don't understand why you see problems with mixing services. Usually big businesses need trustable business partners in every cases (like banks, suppliers, etc). Using mixing services you don't need that much trust to the service. And yeah |
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Some marketing/selling tip: you can make this easier to buy, if you do all the work you can for the customer. Maybe assemble couple a different piratebox setups (for example, a cheap one with very basic router and little storage, and more expensive one with more storage). Then list the products on bitmit.net and do a little bit of advertising by spamming the link around net. You will have soon the money for the laptop  |
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Some examples how these look, please!
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What about escrowed transactions? On Bitmit.net or something else?
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Mining is a fixed-sum game for miners, not a zero-sum one, as a set amount of BTC are awarded for mining. Mining is not even necessarily fixed-sum in terms of USD, as a more secure network could lead to bitcoins becoming more valuable. More secure network leading to higher bitcoin valuation? I would bet my ass that won't be the case, at least for the foreseeable future. Mining difficulty will follow bitcoin valuation, not the other way around. |
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Use different address for each transaction. This is trivial and should be done anyhow, makes processes & tracking easier.
When spending bitcoins, they can be mixed using external service.
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This thread belongs to the gambling section.
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These desposit-play-insta-withdrawal sites are a plague on the blockchain and should not be supported.
I think that it is easier to stop drug dealing with bitcoin than stop this kind of services. I agree with evorrhees, at this point all kind of block chain spam is very welcome. We need to test the technology as much as we can. |
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Could it be then that these blockchain-based wagering services are being used widely for mixing coins?
I think this would be a stupid idea. All the transactions are publicly shown on the satoshidice website, so it is very easy to create a script which connects the transactions. And the rewards are returned to the same bitcoin addresses you send from, so it doesn't add any anonymity. If we think that somebody wants to track the transaction, they can easily incorporate satoshidice transactions to their tracking system. |
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This is a nice feature for introducing someone to bitcoin. Simply send them a small amount of money and tell them to bookmark the URL and they're in! Due to the insecurity of email I would then advise them to create a brand new wallet and transfer the money over.
I like the dual currency option/display - very nice for making conversions without having to do the math in your head. This would be good for InstaWallet as well. I would love to see both services flourish. Banner ads as a revenue model looks like a good idea - I see InstaWallet has already incorporated this. Great job guys!
Thanks for the feedback! I added the email sending option to the API - now it is possible to mass-email bitcoins with a simple script Maybe I will start spamming bitcoins to my friends later on. No it is also possible to create wallets with arbitrary ID:s. This feature will be only available through API, since it is too easy to create wallet ID:s with too little entropy. https://easywallet.org/en/apiAs for the business model, I will probably use banner ads, but I have also some freemium features in my mind. But I have think about it. Edit: have to add, I really appreciate what the instawallet guys are doing, and don't want to compete with them. I just thought that instawallet was closing down (at one time they announced it), and wanted also some additional features. So I created my own. |
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I added a new feature to easywallet.org, which allows sending bitcoins to any email address. The process 1. when sending, a new easywallet instance is created with the funds, and the secret link is sent to the receiver 2. If the receiver doesn't visit the secret URL within 2 weeks, funds are returned to the sender wallet This protects against email delivery errors, spam filters etc. To create new wallet: https://easywallet.org/FAQ: https://easywallet.org/faqAlso, first localization was added (finnish). I plan to add more languages. I'm most interested about countries/languages which could benefit from bitcoin most - 3rd world countries, eg. Pakistan. If anyone can help/give advice with this, send me a message! |
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Problem i see is that at least in Germany you are legally getting into trouble if someone does illegal things from your wifi - so-called "Störerhaftung"...
Run everything through VPN. Include the feature in the router, that allows automatic VPN usage. In Germany, VPN is required in every case, since otherqwise the media companies can send you bills for bittorrent downloads  |
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I fully agree, developing user-friendly software is a much bigger priority than promoting bitcoin at this point.
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News at eleven. I can't believe how many times this has come up here. Donät mix bitcoins with paypal, simple as that. Now repeat it 100 times.
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Umm...I've actually used the product, held it, and met the creators...a few days ago
Did you actually use the product as well? Tested the functionality? Sent bitcoins with it? I agree with others, pics or didn't happen... |
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whoa!! i couldn't even have dreamed of a cooler device!!
if it transmits wirelessly it'll probably get hacked pretty darn quick, but i guess if this card is advanced enough to change the firmware that could be fixed..
Well yeah, don't get excited too quickly. Because to me, that technology seems vaporware - someone who doesn't really understand how to build technology has gotten couple of really cool ideas, and has made this video. And now he/she is looking for funding. It is all good, but the card is _very_ unrealistic to me. |
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With Bitcoin and innovations like the GLBSE, businesses can now covertly and freely get funding for their companies without the cost or restriction of government redtape and the SEC.
Additionally, they can now pay their employees anonymously in Bitcoins without tax identification, social security withholding and costly payroll formalities. The legal status of employees doesn't matter and any other legal restrictions are moot.
Will this not create a boom for internet-based businesses that decide to put themselves under the veil Bitcoin and other technologies provide?
Well, I don't believe that. To build a bigger company, you usually need some other infrastructure as well, in addition to anonymous servers and domains bought with bitcoin. And physical operation space can be useful as well. Everything can't be done anonymously. |
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yeah i was thinking something along those lines too, except using an api key that is given to you on your first request...
if you were going to use the same service more than once, you could pay up front for many requests, and the output of the first request contains an api_key for use in all the follow-up requests.
each call from then on might also output a summary of your remaining balance, etc.
Well, actually... If you get that API key, it has to be delivered via public channel (or maybe via SSL). If you use the bitcoin address as the API key, there is no that problem. However the problem with using that method is, that with bitcoin software often you don't have access to the public keys (web wallets), and also, it is usually nontrivial to figure the public key any way, so it is not very user-friendly... |
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Anyone willing to create more of these? I would be interested to buy also, too lazy to assemble it myself Maybe if someone can produce lots of these, he can sell them on bitmit.net and turn profit Yeah I'll make a few for whoever wants them. Just let me know. If I get a few orders I might consider that, but because different people will want different things, like flash drive vs. hdd, it might be better to stick to individual orders. If enough interest is shown I'll start a thread for this. Well, I decided already to do the work myself and ordered the hardware myself... Maybe next time  |
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