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Topic

Exchanges and markets

44 writings, oldest first

  1. bitcoin.org

    Bitcoin: A Peer-to-Peer Electronic Cash System

    Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto satoshin@gmx.com www.bitcoin.org Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without…

  2. Private email (Mike Hearn)

    Questions about BitCoin

    I started implementing a marketplace feature earlier that facilitates offering things for sale and taking orders, it's only half done though. A bit like e-bay but without auctions, just "buy now". Among other things, it would make it easy…

  3. Private email (Martti Malmi)

    Re: Bitcoin

    mmalmi@cc.hut.fi wrote: That would be great! I added you (dmp1ce) as a dev to the sourceforge project and gave you access to edit the web space and everything. Definitely. This will be an absolutely essential feature once things get…

  4. Private email (Martti Malmi)

    Re: Bitcoin

    That's a good point that since you know how many coins exist and how fast new ones are created, you could set a support price based on the amount of legacy currency you have and be sure you'll have enough to meet all demands. I had…

  5. Private email (Martti Malmi)

    Re: Setup, Autorun, v0.1.6

    Thanks for that. I'm still merging in some changes I had that need to go in before any next release. Some things based on questions and feedback I've received that'll reduce confusion. I'll probably enable multi-proc generating support,…

  6. Private email (Martti Malmi)

    Re: \[bitcoin-list\] Does Bitcoin Crash in Windows?

    Liberty Standard wrote: I haven't had any reports of crashes in v0.1.5. It's been rock solid for me on Windows. I think it must be Wine related. If you get another crash in Wine and it prints anything on the terminal, e-mail me and I may…

  7. Private email (Martti Malmi)

    Linux build ready for testing (attached)

    bitcoin-linux-0.1.6-test1.tar.bz2 attached

  8. Private email (Martti Malmi)

    Linux build ready for testing

    The Linux build is ready for testing on the network. It seems solid. I sent the executable as an attachment in the previous e-mail, but if the mail server didn't let it through (it's 12MB), you can download it here:…

  9. Private email (Martti Malmi)

    Re: Linux build ready for testing

    In the debug.log, it requests the block list, receives the block list, then begins uploading the list of blocks requested. It doesn't receive the blocks, but it didn't run long enough for me to be sure it would have had time yet.…

  10. Private email (Martti Malmi)

    Re: Linux build ready for testing

    Liberty Standard wrote: About how long did it take to start? It could be the node that you happened to request from is slow. The slow start is consistent with the slow download speed. I'd like to look at your current debug.log file and…

  11. Private email (Martti Malmi)

    Re: Linux build ready for testing

    Thanks for that, I see what happened. Because the first one was slow, it ended up requesting the blocks from everybody else, which only bogged everything down. I can fix this, I just need to think a while about the right way. There's no…

  12. Private email (Martti Malmi)

    Re: Linux build ready for testing

    You really don't want to keep running in Wine, you're getting database errors (db.log). You probably developed these rituals of transferring to a fresh install to cope with database corruption. If there is a way to lose unconfirmed…

  13. Private email (Martti Malmi)

    Re: Linux - dead sockets problem

    I see what happened. All your sockets went dead somehow. You had no communication with the network, but because you had 8 zombie connections, it thought it was still online and kept generating blocks. You can tell this is happening when…

  14. Private email (Martti Malmi)

    Re: Linux - linux-0.1.6-test2

    I fixed a few places I found where it was possible for a socket to get an error and not get disconnected. If your connections go dead again, it should disconnect and reconnect them. I also implemented an inactivity timeout as a fallback.…

  15. Private email (Martti Malmi)

    Re: Linux - linux-0.1.6-test2 attachment

    linux-0.1.6-test2.tar.bz2 attached

  16. Private email (Martti Malmi)

    Linux - linux-0.1.6-test3

    Right now (04:50 GMT) my node is connecting to yours and getting zombie connections each time. The socket isn't returning an error, just zombie without notice. If you're running the linux build right now, it would be interesting to see…

  17. Private email (Martti Malmi)

    linux-0.1.6-test3.tar.bz2 attached

    File linux-0.1.6-test3.tar.bz2 attached linux-0.1.6-test3.tar.bz2 12,143,473 bytes

  18. Private email (Martti Malmi)

    linux-0.1.6-test5 fix for zombie sockets

    test 5: I added MSG\_DONTWAIT to the send and recv calls in case they forgot the socket is non-blocking. If that doesn't work, there's now the catch-all solution: another thread monitors the send/recv thread and terminates and restarts it…

  19. Private email (Martti Malmi)

    linux-0.1.6-test5.tar.bz2 attached

    12,033,918 linux-0.1.6-test5.tar.bz2

  20. Private email (Martti Malmi)

    Re: Db::open/Db::close "Bad file descriptor" exception

    I have an idea for a workaround, but it depends on what files the errors are on. If you've accumulated several errors in db.log, could you send it to me? (even if it's rather simple and boring) Is the file listed always blkindex.dat, or…

  21. Private email (Martti Malmi)

    linux-0.1.6-test7

    test 7: Backup your data directory before running this, just in case. Workaround for the Db::open/Db::close "Bad file descriptor" exception. Might also make the initial block download faster. The workaround is to open the database handles…

  22. Private email (Martti Malmi)

    Re: linux-0.1.6-test7

    Finally an easy one. I see a way that could happen on a long operation such as the initial download. The TryLock bug is unrelated to the db stuff. Fix will be in test8. I've been able to reproduce the db::open/close exception 3 times now…

  23. Private email (Martti Malmi)

    Exchange options

    Don't rush ahead and get yourself rejected from all the payment options before you've had time to see if there's a better approach. I suggest you wait before contacting any more payment processors. You may get ideas from things other…

  24. Private email (Martti Malmi)

    Exchange ideas

    You could always exchange for Liberty Reserve. It's an online currency similar to e-Bullion, Pecunix or Webmoney that allows exchanges no questions asked and with privacy. LR and the others are hard to buy but easy to cash out. Hard to…

  25. Private email (Martti Malmi)

    Re: Exchange options

    Maybe the current difficulty of buying LR is already the limit of how easy it can get in that direction. Every conventional payment method has refutability as their way to cope with their lack of passwords and crypto. The system is wide…

  26. BitcoinTalk

    Re: Repost: Request: Make this anonymous?

    True, sending by IP through Tor trades one problem for another. The Tor exit node can see the text of your message and potentially MITM you. Best to only send to bitcoin addresses then. Payments by bitcoin address are broadcast over the…

  27. BitcoinTalk

    Re: Current Bitcoin economic model is unsustainable

    Excellent analysis, xc. A rational market price for something that is expected to increase in value will already reflect the present value of the expected future increases. In your head, you do a probability estimate balancing the odds…

  28. BitcoinTalk

    Re: Money Transfer Regulations

    When there's enough scale, maybe there can be an exchange site that doesn't do transfers, just matches up buyers and sellers to exchange with each other directly, similar to how e-bay works. To make it safer, the exchange site could act…

  29. BitcoinTalk

    Re: Exchange Methods

    LR and Pecunix have many established exchanges to paper currencies by various payment methods, and a number of vendors accept them as payment, so an exchange link between Bitcoin and LR/Pecunix would give us 2nd-hop access to all that.…

  30. BitcoinTalk

    Re: We accept Bitcoins

    Almost but not quite. Bitcoin uses EC-DSA, which can only do digital signing, not encryption. RSA can do both, but I didn't use it because it's an order of magnitude bigger and would have been impractical.

  31. Private email (Martti Malmi)

    0.3.0 rc1 quickie download link

    If bandwidth is a problem, delete my link in the "0.3 almost ready" thread. I just don't want to upload it to sourceforge for a quickie share for a day or two, possibly taking it down immediately if there's a bug. Sourceforge has a policy…

  32. BitcoinTalk

    Re: BTC Vulnerability? (Massive Attack against BTC system. Is it really?)

    What the OP described is called "cornering the market". When someone tries to buy all the world's supply of a scarce asset, the more they buy the higher the price goes. At some point, it gets too expensive for them to buy any more. It's…

  33. Private email (Martti Malmi)

    Re: Donation

    mmalmi@cc.hut.fi wrote: That's great! I'll let him know it was received and thank him. It might be a long time before we get another donation like that, we should save a lot of it. Spend what you need on hosting. Email me a simple…

  34. Private email (Martti Malmi)

    Re: Donation

    \>> I think we should allocate $1000 at this point to your exchange. Interesting, so how is the balance between purchases of coins and cash going? Btw, are you able to use my builds of bitcoind on your host, or do you have to build it…

  35. Private email (Martti Malmi)

    Re: Donation

    \> A week ago somebody bought coins with 1000 €. That was probably meant as They probably couldn't have gotten that large of a trade on bitcoinmarket.com.

  36. BitcoinTalk

    Re: Bitcoin minting is thermodynamically perverse

    It's the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange.…

  37. BitcoinTalk

    Re: Potential disaster scenario

    Some places where generation will gravitate to: 1) places where it's cheapest or free 2) people who want to help for idealogical reasons 3) people who want to get some coins without the inconvenience of doing a transaction to buy them…

  38. BitcoinTalk

    Development of alert system

    I've been working on writing the alert system. Alerts are broadcast through the network and apply to a range of version numbers. Alert messages are signed with a private key that only I have. Nodes can do two things in response to an…

  39. Private email (Martti Malmi)

    \[Fwd: SweepMines now accept bitcoins\]

    \-------- Original Message -------- Subject: SweepMines now accept bitcoins Date: Tue, 24 Aug 2010 19:50:47 +0600 From: Kirill Kisel <kisel2626@gmail.com> To: satoshin@gmx.com Dear BitCoin. http://apps.facebook.com/sweepmines/ now accepts…

  40. BitcoinTalk

    Re: Bitcoin does NOT violate Mises' Regression Theorem

    As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties: - boring grey in colour - not a good conductor of electricity - not particularly strong, but not ductile or easily malleable…

  41. BitcoinTalk

    Re: Cooperative mining

    ribuck's description is spot on. Pool operators can modify their getwork to take one additional parameter, the address to send your share to. The easy way for the pool operator would be to wait until the next block is found and divy it up…

  42. BitcoinTalk

    Re: BitDNS and Generalizing Bitcoin

    Piling every proof-of-work quorum system in the world into one dataset doesn't scale. Bitcoin and BitDNS can be used separately. Users shouldn't have to download all of both to use one or the other. BitDNS users may not want to download…

  43. BitcoinTalk

    Re: BitDNS and Generalizing Bitcoin

    Right, the exchange rate between domains and bitcoins would float. A longer interval than 10 minutes would be appropriate for BitDNS. So far in this discussion there's already a lot of housekeeping data required. It will be much easier if…

  44. Private email (Mike Hearn)

    Open sourced my Java SPV impl

    I hope you are doing well. I finally got all the lawyers happy enough to release BitCoinJ under the Google name using the Apache 2 license: It's incomplete - notably it doesn't properly handle block chain splits yet - but the rest is…

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