4900+ entries in 0.13s
mjr___: that is where rating comes in to play
mjr___: exchanges would get shut down for holding customer funds too...
mjr___: allowing for cross exchange brokering
mjr___: eventually user ratings will basically allow for quick and easy integration with WoT
mjr___: want to create modal map for this web app
mjr___: point is, if you see a cluster of people in one place, you will probably get best price, and feel safest
mjr___: groups who meet at fixed times and places have huge advantage over that
mjr___: figuring out times and places
mjr___: problem with localbitcoins is the sketchiness factor of one on one meetup
mjr___: fiat500: yeah...but localbitcoins is not very active, and i'm the opposite of OTC
mjr___: legal counsel (talked to 3 including Patrick Murk from bitcoin foundation) said that individuals will not fall under fincen
mjr___: point is, most people just want to buy something the way they buy anything else, by handing cash and receiving what they wanted
mjr___: and coinbase can take over a month when starting out to get limits up
mjr___: but i think i'd rather get out of bed at 5pm than to wait almost 2 weeks for gox
mjr___: fiat500: well...to each their own
mjr___: i guarantee that if you are in NYC, there is no easier way to get a bitcoin than by showing up on monday and handing cash
mjr___: these are the problems: 1. 10 days verification? 2. Wire transfer taking days and costing a lot 3. Counter Party risk (legal, professional)
mjr___: fiat500: yeah for suree
mjr___: bitbuyer_m: yes, exactly, and even if they weren't...for most non investor enterprise people, the process is too much bother
mjr___: mjr_: so how did they get an exception (the fact that there is an exception almost guarantees there can be more than one)
mjr___: you can send bitcoins through gliph
mjr___: KingCoin: where is locally?
mjr___: so no transactions = no hassle from apple i hope
mjr___: and we aren't holding or sending money
mjr___: kakobrekla: um...exactly, its all free right now and only info
mjr___: fiat500: maintain your vision, without having to actually do all of it
mjr___: fiat500: well, the key is to get a strong interest early (financial times article coming out early June) and then get money to hire others
mjr___: KingCoin: and yes, I see an android and iphone app in our future
mjr___: obviously LONG way to go
mjr___: i built this thing from scratch, and i plan on making it the coolest web app in the bitcoin space
mjr___: fiat500: but also, this is what is fun to me
mjr___: im just curious the correlation
mjr___: but there is other ways also
mjr___: i think most people will make money as brokers
mjr___: people need an easy way to see locally what is for sale and to meetup in groups to trade bitcoins
mjr___: but those are going to be on top of a free and open source layer
mjr___: we may do adds on the location aware features
mjr___: what is there monetization model? does it support a billion dollar valuation?
mjr___: fiat500: instagram, pinterest, tumblr...fuck even twitter
mjr___: fiat500: LOL, um...angel investors already flocking
mjr___: KingCoin: iphone apps can be incredibly easy...or incredibly hard
mjr___: KingCoin: hmmm...depends on how deep you mean
mjr___: i think WoT members will be able to cross link all exchanges
mjr___: they want to roll it out in berlin, sydney, paris and san fran
mjr___: people may even start using "square" or other cell phone based cc systems to transact
mjr___: i also put in gox price upon page load to give people reference without having to switch page
mjr___: so this just keeps order book organized so everyone knows prices
mjr___: we will all be in union square park
mjr___: but for what we will do tomorrow
mjr___: that is part of the reason why very easy to update orders
mjr___: eventually would like to have a "troll box" as well as person to person messaging, push notifications, email, twitter and sms
mjr___: also rating system, perhaps linked to WoT
mjr___: then we build escrow on top, etc
mjr___: soon, you will be able to alert users that you wish to trade
mjr___: the guys from mycelium have a perfect integration with this
mjr___: but i want to offer different clearing methods and filters
mjr___: bitinstant has already expressed interest, as well as coinapult
mjr___: as well as API access etc
mjr___: i will have more advanced order types set up soon
mjr___: based on cash in person transactions
mjr___: my whole thing is decentralized exchanges
mjr___: but each order is tagged with a loction
mjr___: kakobrekla: well...none that you can see
mjr___: that is its first and primary use case
mjr___: Anduck: hold on, read this
mjr___: also, white background is worse for battery and harder to read in sunlight
mjr___: harder to read than sans serif
mjr___: first off, i don't like serif fonts online
mjr___: more work to take out than to leave
mjr___: that was just cuz of prior projects with tables
mjr___: thought this was as simple as possible
mjr___: fancy graphics or art?