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1  Economy / Marketplace / Re: BitWillet: To help merchants accept Bitcoin on: July 03, 2011, 05:25:57 PM
In something like BiddingPond, that system could make sense, given that it allows for an automated intermediary to escrow the auction, and I'm sure the people over in gambling would go for it. Currency exchanges could theoretically integrate it, although they probably use RPC.

Ah, right — so it would be more of an RPC interface to the bitcoind than a client-facing site. Yes, I've considered this, and it's a good idea… And if there were 32 hours in the day, I'd be all over implementing it.
2  Economy / Marketplace / Re: BitWillet: To help merchants accept Bitcoin on: July 02, 2011, 12:45:25 AM
Feature request here: Would it be possible to allow merchants to keep a balance on BitWillit, similar to MyBitcoin? That'd make you a very viable competitor.

At the moment, if I wanted to use BitWillit over the RPC or MyBitcoin APIs, I'd have to implement a secondary system for the sending of bitcoins.

You mean, so that your site can automatically send Bitcoins as well as receive them? Can you give me an example of how you would use that?
3  Economy / Marketplace / Re: BitWillet demo doesn't work. on: July 02, 2011, 12:43:24 AM
Demo didn't work for me. I sent bitcoins and got nothing in return. The site says:
Waiting for confirmations.
This may take up to 5 minutes.
Please do not close this dialog.
I think, more than 30 minutes passed already, and the transaction now has 10 confirmations, and I still see that message and spinning thingy. That would earn customer dissatisfaction.  Undecided

Ya, one of the difficulties is that smaller transactions can take quite a while to propagate throughout the network, so it can take a while. Apart from showing the number of confirmations in the “waiting” dialog, and possibly including a link to the BlockExplorer record for the transaction, I'm not sure what can be done to improve that =\
4  Economy / Marketplace / Re: BitWillet: To help merchants accept Bitcoin on: June 30, 2011, 03:37:59 PM
Personally, I feel that only the top 10% of merchants should have fees attached to them, and even with that, make them 1.5%.

That's a good idea. I'll definitely consider it once we start charging.
5  Economy / Marketplace / Re: BitWillet: To help merchants accept Bitcoin on: June 29, 2011, 10:07:28 PM
It's not that I don't feel like developers should be rewarded for their efforts.  I'm just saying that monetizing it in this particular way removes a lot of the incentive for merchants to make the jump to accepting bitcoins.

Do you have an idea for a better method? Or are you advocating being free/pay-what-you-want for now, then switching to fees later?

However, bitcoin does have other advantages, so maybe I'm overvaluing the fees thing.

My personal feeling is that the bigger problem with other online payment systems (eg, PayPal) is the amount of trust (eg, that they won't freeze your account) and work (red tape, integration, etc) they require… And Bitcoin certainly solves both those problems. Also, I guess just don't think small fees are a practical issue for purveyors of digital goods, as their marginal cost is close to zero.

(I'm one of the BitWillet developers, by the way — just got my account un-noob'd)
6  Other / Beginners & Help / Re: Whitelist Requests (Want out of here?) on: June 29, 2011, 06:09:02 PM
Hash: SHA1

I'd like to get into the discussion on an app I built ( ) instead of having to post through a friend with an established account.

For some evidence that I'm not a spammer and that I can contribute to useful conversation, I submit my Reddit comment history as evidence:

And for evidence that I own this account, I hope that the GPG signature is good enough.

Version: GnuPG v1.4.11 (Darwin)

7  Other / Obsolete (selling) / Re: Selling XMPP hosting for your domain on: April 22, 2011, 02:20:42 AM
Just got my account, after 30 minutes of tinkering around everything seems to be workings. Thanks.

(full disclaimer: singpolyma and I know each other from meatspace)
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