898400+ entries in 0.695s
kakobrekla: i was
thinking you gonna roll on
the stage on a skateboard
mjr___: kakobrekla: in my
talk i should have referenced how we had charts and graphs and everything
bitbuyer_m: Bars less sketchy
than union square park. ;)
mjr___: where people know
they can buy and sell
there
dub: might want
to faq some basic physical security best practise
fiat500: i like
this, definitely more exciting
than crypto-trade
bitbuyer_m: I do get
the groups
thing. Interesting.
mjr___: no need
to hold at first
bitbuyer_m: But
that would
take some BTC for working capital
mjr___: bitbuyer_m: i was
thinking of integrating coinapult for
that
mjr___: yeah, no help on
the cash side
fiat500: mjr___: yeah
that'd work for asks
mjr___: bitbuyer_m:
that is what groups solve...i've had new couples bring
their infants
to
the park
to buy some bitcoins
kakobrekla: fiat500 best korea better
than worst korea
bitbuyer_m: It's
the sketchiness factor I would worry about
mjr___: also, ideally you would be able
to post btc address, which could show balance from blockchain info
mjr___: bitbuyer_m: you COULD do verified, if you want. I will offer facebook,
twitter and google login down
the line, with profile pic
mjr___: but no one will prob
take your order seriously
bitbuyer_m: AirBnB is going
towards verified ID. mgr___ would
that make sense for you?
mjr___: that is where rating comes in
to play
mjr___: exchanges would get shut down for holding customer funds
too...
fiat500: an exchange will usually keep
track of your available funds and prevent you from posting bogus orders
mjr___: want
to create modal map for
this web app
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
fiat500: i
think your direct competition is otc and localbitcoins
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
fiat500: i dont want
to get out of my pajamas
to buy btc :P
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)
fiat500: and i havent found an easier way
to get btc in/out of my US bank acct yet
mjr___: bitbuyer_m: yes, exactly, and even if
they weren't...for most non investor enterprise people,
the process is
too much bother
fiat500: probably
the most legit btc-related company out
there right now
mjr___: mjr_: so how did
they get an exception (the fact
that
there is an exception almost guarantees
there can be more
than one)
BitHub: more
to do with analysing
mjr___: you can send bitcoins
through gliph
fiat500: mjr___: glyph is
the only exception :P
BitHub: i'm looking
to pay for an app
KingCoin: yeah i want
to im
trying
to find a partner for
the project locally
fiat500: kakobrekla: yeah,
they dont
mjr___: so no
transactions = no hassle from apple i hope
KingCoin: but
the first part of
the app will be free
mjr___: fiat500: maintain your vision, without having
to actually do all of it
KingCoin: yeah..
thats whats holding me back
fiat500: mjr___: good luck getting an ios app for
this on
the app store, no
transactions involving btc allowed for now
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
KingCoin: im
talking
to someone about developing an iphone app
fiat500: even when
theres money on
the
table
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
kakobrekla: always
think of girls wheni hear escrow
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
fiat500: mjr___:
theres no financial incentive for you
to maintain
this, so what happens next year when work piles up in your day job?
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___: but for what we will do
tomorrow
mjr___: that is part of
the reason why very easy
to update orders
fiat500: but for an in-person exchange, isnt
the price going
to change by
the
time
the
two people meet?
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
fiat500: mjr___: lemme know when API is up, im building an aggregator and
this would be cool
to list
mjr___: the guys from mycelium have a perfect integration with
this
mjr___: but i want
to offer different clearing methods and filters
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
kakobrekla: might want
to show
this along in
the
table?
mjr___: but each order is
tagged with a loction
mjr___: kakobrekla: well...none
that you can see
kakobrekla: mjr___ it asked me
to access my geolocation but
that has no implication at
this point?
fiat500: mjr___: some people seem
to
think it is appropriate *cough* mpex
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