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MtGox launches Bitcoins.com, an information site for all things Bitcoin

bitcoins.com

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Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#101

Post by chill1 »

djf1 wrote: post #90
chrismonsanto wrote: post #16

Earlier quoted context omitted.

> Now that is a clean, friendly design. I was pleasantly surprised to find that the header wasn't fixed. I can't wait until that fad dies out.

What is wrong with a fixed header? Isn't it more convenient than scrolling back to the top of the page to access important links? The only possible issue I can think of is if screen space is limited.

Fixed headers consume vertical screen space -- permanently. Instead of allowing you to scroll down to have maximum vertical space for the content.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#102

Post by ElbertF »

canistr wrote: post #63
giarc wrote: post #57

Earlier quoted context omitted.

In 2010 a guy paid 10,000 BTC for 2 pizza's, probably roughly equivalent to $40. 10,000 BTC today = $10.5 million USD.

Which is precisely my point. What incentive is there for the buyer to spend their BTC if the future value will dwarf the present value of the good they are spending it on?

What incentive is there for the buyer to spend their money on anything if they could be buying Bitcoin?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#103

Post by my_username_is_ »

gaadd33 wrote: post #94
kingnight wrote: post #92

Earlier quoted context omitted.

Why switch to CampBX or bitstamp.net? What not just continue to use coinbase?

I would guess because coinbase doesn't allow you to keep a USD balance on their servers, its either pulling out of your bank account or pushing into your bank account. Both have pretty big delays if you are trying to day trade in the USD/BTC market.

also Coinbase has higher fees than if you use something like bitstamp

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#104

Post by oleganza »

gaadd33 wrote: post #97
oleganza wrote: post #37

Earlier quoted context omitted.

Its hard because it's easy to own and secure Bitcoins, but impossible to own money in USD, bank accounts or paypal. It's all a huge network of promises based on debt. When you transfer bitcoin, you really transfer ownership forever. When you transfer digital dollar, you just rely on a bunch of intermediate agreements to hold true unless judge decides another way. Paypal payments are reversible, CC payments too. Even…

How do you reverse a cash transfer? Like I hand someone $100 in cash.

You can't. But you also can't make a cash transfer in 99.9% of global transactions (in volume) for many reasons. One of them is cash is physical. So cash does not really count.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#105

Post by Andrew_Quentin »

canistr wrote: post #53

The idea of using Bitcoin at this point in time to physically purchase goods and services is ridiculous given the speed of speculation. Hypothetically, why should I pay someone 0.5 BTC at $1000/BTC if in a couple of days I know it's going to rise to $1000+/BTC? Obviously the seller is betting on their value going up, but at this point, there's no reason to do anything except hold onto your BTC until the market actual…

Well, why do you buy anything instead of putting all your money in bitcoin? If your money is bound to increase, then why spend any of it? I mean - why eat?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#106

Post by Zidewinder »

Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

Edit: Just noticed you live in Europe. They do have a SEPA option for European customers, but I imagine the process is somewhat different, and SEPA listings are relatively sparse. Sorry!

www.bitquick.co

Prerequisites: A bitcoin wallet to receive the coins, and some cash.

1: Click Buy, browse through the offers and pick one that has a reasonable price and uses a geographically convenient bank.

2: Submit your bitcoin address and your desired amount, write down the bank account info that appears, go to the bank, and deposit the specified amount of cash into the seller's account.

3: Take a picture of the deposit receipt and email it to BitQuick.

4: Bitcoins will be sent from escrow to the address you specified earlier. Done!

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#107

Post by bernatfp »

jellicle wrote: post #89
yapcguy wrote: post #74

Earlier quoted context omitted.

A friend copied an e-mail that MtGox sent to them today: Dear MtGox Customers, Thank you for your patience during an incredible year for Bitcoin and MtGox. We’ve not been able to communicate as we may have wanted, but we’ve been working tirelessly in the background and we’re looking forward to even more progress in the coming weeks, which we’ll be announcing soon. We have four developments that we are proud to announ…

So.... every Mt. Gox transfer now costs USD $1? And may cost USD $2 tomorrow?

For what it's worth, at the moment any bitcoin transaction is required to pay a 0.0005 BTC transaction fee in order to make sure it's gonna be included by miners into the blockchain.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#108

Post by bobbles »

bernatfp wrote: post #62
lubos wrote: post #40

Earlier quoted context omitted.

Do you honestly think that any programmer who works on Mt.Gox core product would have anything to do with this simple static information site?

No, but I guess this affects the public image of the company. My understanding is that any serious company with issues of this magnitude would solely focus on sorting that out first and doing nothing else than that.

Throwing more programmers at a problem is not a real way to actually solve that problem.

This argument is similar to those people asking things like 'why does india care about protecting animals when they cant even feed their humans'.

Solving one problem does not mean the other problem isnt still trying to be solved.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#109

Post by taigeair »

gaadd33 wrote: post #96
taigeair wrote: post #69

Earlier quoted context omitted.

http://www.avatrade.com/ Put in $300 and they give you $300. I opened it yesterday got a position on BTC same day (would be fun to get real BTC though). You can buy .01 lot with $300.

How do they take a position in BTC? Or is it just a casino? i.e. if I put 50K into an account there and used it to buy $250K of BTC, that should have a pretty drastic impact on the market looking at mt gox's order books, does that actually happen?

My understanding is they net it if someone takes an opposing position and if not, they hedge by buying contracts or BTC outright.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#110

Post by XorNot »

modeless wrote: post #79
Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

The fact that it is hard to buy bitcoins is ironically the very problem bitcoin solves. Once you have some bitcoins, then no credit card company, bank, or government can prevent you from spending them on anything you want.

You know, unless you need to buy sovereign currency - the thing the vast majority of life's necesssities are denominated in.
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