900400+ entries in 0.627s
davout: i'm saying, if it's secure, and easy, it'll get
traffic, if you have
traffic you can monetize it,
the best way, IMO,
to monetize
traffic from noobs is
to sell
them coins
mircea_popescu: kakobrekla "Due
to
the lack of volume and
the need
to restructure our screen layout we have decided
to remove all
trading pairs
that do not include BTC."
Scrat: but I guess you'll have an agreement with piuk if you do
that
davout: mircea_popescu: well, at
that point i'll make use of
the blockchain.io domain i bought a while ago and have it run a patched instance of bitcoind, or bitcoin-ruby for
the same purpose
mircea_popescu: well... untiul blockchain info decides
they want most of it.
davout: if it's provably as secure as blockchain.info and easier
to use it would get loads of
traffic, just layer some easy service
to buy coins on
top and i
think you can make decent money
Scrat: davout: I'd do a cookie stored uid,
then you can enter
that into a POST
to access your wallet if you have deleted it
davout: also since
the revenue is generated in BTC we can IPO if our business model makes sense
davout: and we get
the advertising revenue or w/e
davout: so blockchain.info gets
the server load
davout: and we never
touch it, we can't spend it, we can serve it as a static HTML page, plugs itself into blockchain.info for all bitcoin related needs
davout: not quite, your money *is*
the password
davout: address gets derived from
the private key
davout: SHA256(URL+password) is
the private key
davout: when you visit
the URL you get prompted for a password
mircea_popescu: and
the key generator might as well be a js
the user downloads and runs locally.
davout: that's
the idea, my implementation differs
though
mircea_popescu: as you never have
the keys and so can safely run bitcoind
davout: i was
thinking differently
davout: that requires
the extra separate step of generating
the key
mircea_popescu: the only
time you need
to see
the privkey is when he wants
the btc sent.
mircea_popescu: it would work
thusly : user generates a seed. from it user calculates a private key which he keeps and a public key
davout: so i guess it'd have
to be combined with a password
davout: the problem is
that even like
this you have
to
trust
the operator
to not log requests
davout: i was
thinking of sthg where
the private key, and address are derived from
the URL
mircea_popescu: it woudln't be a bad service, if someone were
to make it in ON A SANE PLATFORM
davout: i want
to relaunch it, but i have no interest in holding
the coins
mjr_: for short
term walleting
mircea_popescu: yes, he keeps having as many coins in
the morning as when he went
to bed
mircea_popescu: i invested in
this ballerina and i'm completely exhausted
furuknap: So you invest in mining equipment and save a
ton on electricity. Stop being so negative :-)
mircea_popescu: that storm
that snowed up italy past few days moved here
mjr_: i caught up on some
trilema posts
fiat500: perhaps even doing seizures in
the eurozone! oh-em-gee
fiat500: given previous reasoning,
this must mean
the fed is cracking down on international stock markets!
BitHub: the only
thing you have
to worry about
BitHub: there's one
thing in life, what is it? Moooooonnnneeeeeeeey
inhies: but it is
teh only way
to owning all
the
toys i want
inhies: but
that doesnt mean it isnt a good goal
ThickAsThieves: friggin Jutarul posts an open sale for 2000 AM @ 2.5 (which was about .07 under market price), DT posts walls of 500 @ 2.5 & 2.6 on each exchange, and now market price will hang out under
there for a good while. It's a free market n all, but
their methods seem
to be ill-conceived...
ThickAsThieves: like what do you
think share value will be August 1st, or such
Namworld: 2.4 BTC a piece
tied up, it would require
Namworld: If
they
think price will keep stable/keep raising, it's a good deal. 0.10 BTC per share without losing
them.
Namworld: Yeah, no one is because
they believe price will crash
Chaang-Noi: mp was
trying
to short at 1 btc lol :) sadly i dont
trust him eough or i would ahve done it for
the lulz
Namworld: Depends if it's a borrowed shares
to be returned later with a bonus kind of short or puts contract kind of short
ericmuyser: what you want is
to buy good puts but
there are none :)
ThickAsThieves: everyone keep saying
they wanna short it, but no one is making real offers
Namworld: Kind of
the opposite of what I want
to achieve
Namworld: and
that means buying
them at current prices...
ThickAsThieves: no one will short
them
the
timframe you'd need
to make decent money
Namworld: I need
to short
these AM shares
Chaang-Noi: honestly i would ave sold more lower if i had
the
time
Chaang-Noi: its just insane how fast
the value of AM has gone up
dub: join #bitcoin-trollbox
then
Chaang-Noi: not
talking about anyone anyone said in
this chan, just spammers who pm me about random shit
dub: join #bitcoin-trollbox
then
dub: join #bitcoin-trollbox
then
pgp: and we're fighting
this fight with one hand
tied behind our backs
dub: small wonder
they are ahead of
the game
dub: colleague made a good point earlier
today, in china
they
train hacking openly, in
the west we
treat hackers like criminals
aknap3: in
the meantime, sell...
to me
aknap3: it'll be fine -- just got
that massive auction, and a couple of walls
to wait out
dub: retards panicing about unconfirmed
tx
dub: theres a lot more retard left in AM I
think
assbot: Last
trade for S.MPOE on MPEX was at 0.00067838 BTC [-]
Bugpowder: I
think S.DICE is a good buy right now
Bugpowder: So if we have paid in 110% of
this year,
then we will be penalty proof next year. So I need
to pay an extra 10%
this year of line 61.
Bugpowder: If you pay 110% of
the
taxes
that you paid for
the last year, you are penalty proof on
the next year even if
the income really goes up.
Bugpowder: He says
treat it like Beanie Babies or stock. (collectible or stocks.)
Bugpowder: First in first out. Another one is average cost. First in first out will probably be
the easiest way
to handle it.
Bugpowder: The
thing
that concerns him, is
the Mt Gox account. He says on our 2013
tax return, we need
to disclose on 1040B.
Then file all
the foreign forms,. If you have more
than $10 K / 50K ever in a foreign account, you need
to disclose.
Bugpowder: He
thinks
that we can do capital gains/losses. He doesn’t have any other advice out of what we sent him.
There is no actual correct rule.