ForBitCoin.com, A Mirco Job Marketplace Pre-Launch

[garyrowe]

@darbsllim

Sorry for the newb question, but what is the bitcoin contract system?

According to the Wiki (https://en.bitcoin.it/wiki/Contracts):

"There are two general patterns for safely creating contracts:
Transactions are passed around outside of the P2P network, in partially complete or invalid forms.
Two transactions are used: one (the contract) is created and signed but not broadcast right away. Instead the other transaction (the payment) is broadcast after the contract is agreed to lock in the money, and then the contract is broadcast.

This is to ensure people always know what they are agreeing to.

Every transaction can have a lock time associated with it. This allows the transaction to be pending and replaceable until an agreed upon future time, specified either as a block index or as a timestamp."

While this is not a complete alternative to escrow, it does open up interesting payment possibilities. Just thought you might want to look into it in case it's relevant to your business model.

[1713516743]

1713516743

[darbsllim]

Hey everyone thanks for the votes on the logo roughs - I'm surprised everyone likes number 5!

I like the coin from number 3 mixed with the look of number 4 - we're going for a 'fun' vibe, I find number 5 seems a little too 1998

garyrowe, we're going to be launching the business acting as an escrow between parties to start with, if we see the value in the contract system after launch (if enough demand is there) we may look at that as an alternative.

Hey, can you sell your shares on GLBSE? Please??? I liked the idea so much I want to buy part of your company! Although so far I am not sure if doing that is good idea (someone argue in another topic that investing is stupid with a deflationary currency... but most of my assets right, and I mean total assets, including material and tangible things I own in the non-virtual world, are GLBSE stuff)

Wow thanks for the props!

We're actually too busy with the Startup to learn about selling shares on GLBSE =\ It sounds like a great concept for people who need funds.

We need BTC investors, not USD investors - does GLBSE help with finding BTC investors?

Thanks!

[fimp]

We need BTC investors, not USD investors - does GLBSE help with finding BTC investors?

Yes, shares on GLBSE are sold and traded for BTC.

[speeder]

Hey everyone thanks for the votes on the logo roughs - I'm surprised everyone likes number 5!

I like the coin from number 3 mixed with the look of number 4 - we're going for a 'fun' vibe, I find number 5 seems a little too 1998

garyrowe, we're going to be launching the business acting as an escrow between parties to start with, if we see the value in the contract system after launch (if enough demand is there) we may look at that as an alternative.

Hey, can you sell your shares on GLBSE? Please??? I liked the idea so much I want to buy part of your company! Although so far I am not sure if doing that is good idea (someone argue in another topic that investing is stupid with a deflationary currency... but most of my assets right, and I mean total assets, including material and tangible things I own in the non-virtual world, are GLBSE stuff)

Wow thanks for the props!

We're actually too busy with the Startup to learn about selling shares on GLBSE =\ It sounds like a great concept for people who need funds.

We need BTC investors, not USD investors - does GLBSE help with finding BTC investors?

Thanks!

GLBSE is exclusively BTC

[darbsllim]

How many shares are people interested in buying @ what BTC price?

Just gauging if it's worth setting it up.

[AntiVigilante]

How many shares are people interested in buying @ what BTC price?

Just gauging if it's worth setting it up.

How many shares is it in total?

[darbsllim]

How many shares are people interested in buying @ what BTC price?

Just gauging if it's worth setting it up.

How many shares is it in total?

We were looking for a 10,000 bitcoin investment or 10% of the company, so lets say 10,000 shares @ 1 BTC for 10% ownership of the company.

Would we have anyone interested?

[AntiVigilante]

How many shares are people interested in buying @ what BTC price?

Just gauging if it's worth setting it up.

How many shares is it in total?

We were looking for a 10,000 bitcoin investment or 10% of the company, so lets say 10,000 shares @ 1 BTC for 10% ownership of the company.

Would we have anyone interested?

If you don't mind a partner, I can make this viral.

cue Dr. Evil. 1 Meeeleeuhn Dollars.

[ripper234]

I would be happy to invest some BTC in this, in GLBSE or otherwise.
I also had the same idea, didn't develop it fast enough though, and won't have the time needed to make it a reality.

If you're interested you can check out the vision/spec docs I prepared at the time, maybe you'll find something useful (I had some ideas about distribution and dispute resolution).

https://docs.google.com/leaf?id=0B-4jU8zZGkl6Mjk3ZjlmMGMtOTE3Ni00ODE4LWE0YmMtMzhlNzZhMDBhNDMw&hl=en

In any case, good luck - I signed up, can't wait to use it.

[darbsllim]

I would be happy to invest some BTC in this, in GLBSE or otherwise.
I also had the same idea, didn't develop it fast enough though, and won't have the time needed to make it a reality.

If you're interested you can check out the vision/spec docs I prepared at the time, maybe you'll find something useful (I had some ideas about distribution and dispute resolution).

https://docs.google.com/leaf?id=0B-4jU8zZGkl6Mjk3ZjlmMGMtOTE3Ni00ODE4LWE0YmMtMzhlNzZhMDBhNDMw&hl=en

In any case, good luck - I signed up, can't wait to use it.

Wow I didn't read all of your docs, but you sure had a lot of info there.

Maybe we could have you on board to help us out in some capacity.

We'll be launching today.

[TheRandomGuy]

4 or 5. 

[darbsllim]

ForBitcoin is live!

The top 10 referrers will be notified by email, we hope you all support the Bitcoin economy!

[TheRandomGuy]

I think someone copied your idae. (Or visa-versa)
bitgigs.com

[darbsllim]

I think someone copied your idae. (Or visa-versa)
bitgigs.com

the domain was registered I think before ours - so it looks like we had the idea around the same time and we both just happened to launch at similar times.

[darbsllim]

You might have more success with raising money in several smaller financing rounds. For investors, trust would be higher, more data would be available and lower risk.

Thanks for the detailed response, you sound pretty sophisticated, what do you do in the real world?

[InstaGx]

Warning: This Website saves your password in cleartext.

They send it to you by mail if you "forget" it.

[Vinnie]

Warning: This Website saves your password in cleartext.

They send it to you by mail if you "forget" it.

I use an old, low clearance password for these sorts of sites. With all these BTC sites popping up, I suggest others do the same. In other words, use an old password for these service sites, and a brand spanking new one that changes for your online banking.

[darbsllim]

Warning: This Website saves your password in cleartext.

They send it to you by mail if you "forget" it.

erm, the passwords are not stored in cleartext...they are encrypted, then when you request your password it is decrypted and given to you through the email that you signed up with.

[InstaGx]

Warning: This Website saves your password in cleartext.

They send it to you by mail if you "forget" it.

erm, the passwords are not stored in cleartext...they are encrypted, then when you request your password it is decrypted and given to you through the email that you signed up with.

That's not better... They need to be hashed and salted. The encryption key has to be stored somewhere and can be obtained.

[darbsllim]

Thanks for the tips guys we'll look into this.