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Author Topic: Discussion: Exchanges, the cancer of Bitcoin? What is the solution of Bitcoin?  (Read 2659 times)
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electronic [r]evolution

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July 03, 2011, 12:16:43 AM

I pity you for not knowing what I'm talking about. Hell I'd even bet that you never touched pure gold in your life.
LOL. That question is how old are you. I can't stop laughing.

XCN: CYsvPpb2YuyAib5ay9GJXU8j3nwohbttTz | BTC: 18MWPVJA9mFLPFT3zht5twuNQmZBDzHoWF
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July 03, 2011, 02:15:11 AM

I dont get how any exchange is a problem. People trade currencies all the time. Is there a large group of people wanting the change Bitcoins from currency into fairy tale dust? Seriously, Exchanges exist because people want then. No one forces you to go there at all. Also, if bitcoins are to become used more often people are going to need incentive. Like, I don't know, a 3 bitcoin item today will cost the same thing in a month. I run a shop and I can't charge x bitcoins for something all the time, people would call me a thief. What seems fair today is insane tomorrow or even 3 hours later/
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July 03, 2011, 07:22:54 AM

this solution doesn't even make any sense.

How would you put your dollars (or other currency) into your bitcoin client to exchange to someone else for bitcoins?

bitcoins already includes p2p exchange, of bitcoins.  If you want bitcoins buy them from someone.  If you think they cost more then they are worth, then don't buy them and wait for them to go down in price  (they'll surely plummet if it is just a speculatory bubble)

Speculators that predict the price poorly lose money, which means they stop speculating, it is a self correcting problem.
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July 03, 2011, 09:03:47 AM

You have got to be trolling...

Shouts and calls people idiots at the beginning. Then proposes a sensles solution to to non exsistent problem.
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July 03, 2011, 05:20:11 PM

I've been working on a pure p2p exchange for a while now:

I'm very close to a release. All of the initial features are done. I'm currently working out some bugs.

I would say I'm planning to release this week, but I've said it so many times before, the words are meaningless. I'll release it.. eventually. Smiley

I'm selling Mt. Gox USD and Bitcoin for cash, check or money order in the mail:

Check out my 100% decentralized P2P exchange:
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