LoL... take your FUD and just leave ...

This is not bitcoin
This is not a 5 year old wallet
This has a new blockchain tech
New network code
New gui
New market
TITAN

you have absolutly no idea whar i3 and tge devs have achieve in recent months ..
Just sh*** the f*** up and take your FUD with you!

Or that too! LOL

In my understanding, the COVER button will use the BitUSD you have in your account.  You will have to place a regular order to BUY at the price you want to COVER and THEN use the COVER button once it's bought.

The bitcoin world lost one of its earliest pioneers today with the legal passing of Hal Finney, the recipient of the world’s first bitcoin transaction and its first identified developer after Satoshi Nakamoto. He was 58 years old.

Finney had been diagnosed with the disease ALS (Amyotrophic lateral sclerosis, or Lou Gehrig’s disease) in 2009 and was wheelchair-bound for the last few years of his life. Despite this, he remained as active as possible in the bitcoin community, even giving interviews as recently as March of this year.

Finney was also a key figure in the world of cryptography, having worked as the second developer after Phil Zimmermann on the popular PGP system, and was a regular contributor to the legendary ‘cypherpunks’ cryptographer mailing list.

Finney developed computing’s first reusable proof-of-work system called RPOW, (based on Adam Back’s Hashcash) with an aim to implementing it in a digital currency system.

A decentralized P2P version of RPOW, also based on Hashcash, lies at bitcoin’s heart, which is the first widespread use of the system...

http://www.coindesk.com/bitcoin-pioneer-hal-finney-passes-away/

Quote from: johncitizen on August 29, 2014, 05:25:55 am

The price is correcting naturally. After the tremendous gains investors are taking profits and celebrating. If you put down $50k and made 1/4 million under 2 weeks you sell. We see this in the alt market everyday. Its normal.

It depends on how much you sell. Suppose you have $250,000 from $50,000 initial investment? Why would you sell now for fiat when you could have purchased BitUSD at the peak and then sold now at the bottom for more BTSX? Suppose you do get your $50,000 out? Where are you going to put it? Bitcoin?

I think the reason people don't hold BitUSD is because you can't yet easily spend it and also because no one typically wants to hold USD anyway or why would we all be into Bitcoin or altcoins?

Panic is good because it shows people actually care about the technology rather than just taking a quick profit.

Right!  Once you can easily turn BitUSD into Fiat in your bank account, it will pass GTV ("Galt's Test of Value") because I still have to pay for most things in Fiat USD.  Now, it's difficult. 

Try to do it in Bter through BTC and you will not be offered a good price.  Try to do it in Bter through USD and you can't get it out if you are in the U.S. (egopay doesn't accept u.s. accounts anymore) so you will end up Back to BitUSD->BTSX->BTC->CoinBase->Bank Account and then you think, well I should have just kept it in BTSX or BTC!!

So, the closer we can get to BitUSD->Bank Account the better it will hold it's value. 

Ironically, the easier you can move BitUSD into your bank account, the less people will feel the need to do it!!

If you can't spend it like USD or easily convert it to USD, it isn't USD.  It's a mindset.

Quote from: GaltReport on August 29, 2014, 01:29:20 am

Quote from: gamey on August 28, 2014, 11:49:07 pm

Quote from: champbronc2 on August 28, 2014, 11:28:19 pm

Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco

So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.

The risk is for the seller of the digital asset. It went something like this:
1) deposit money and get receipt
2) receive digital asset
3) go back to bank with receipt and get money back.

I haven't bought this way before but if you go to localbtc and read the ads it's clear this is what happens. I'll need to checkout this service to see how they mitigate that attack.

Yep, that was it!!  Somehow the depositor got the teller to return the deposit.  Allegedly.  Sounds crazy that someone (a non-account holder) could deposit funds, get their digital assets, and then come back and say they made a mistake and the teller then debits the account for the deposited funds!!

cryptsy.com
btc-e.com
bitstamp
bitfinex
huobi.com
Okcoin.cn

those are the real deal. for huobi and okcoin two chinese exchanges, I believe 暴走恭亲王(his ID here is James) may help, he has a big name in china

Whats the worst thing a malicious delegate could do?  Double sign blocks?  not include transactions?  Change their clock settings to cause others to miss blocks?  Stop producing blocks all together?  Are there worse things that I just don't know about?

All of these things are readily apparent on the blockchain, and can be dealt with if / when they come up.  Isn't the point of DPOS to set the level of centralization at an acceptable point so that no single delegate can do any real harm?

For these reasons I think your criteria #1 and #2 are way overvalued.  In fact I think their only worth is to help us determine if #4 and #5 are met.

My criteria is as follows

#1  Performance. 
Do they double sign blocks?  Do they miss blocks?  Are they including transactions known to be broadcast?  Are they including market transactions that weren't broadcast? 

#2 Are they running more than one delegate
Even in the short term I am opposed to individuals or groups running multiple delegates.  Look what happens when a node running one of these multi delegates goes down.  Long term I think it is even more important that we ensure geographical and political distribution of our delegates.  To prevent both collusion and coercion.

#3 What is their pay rate and have they proven that they deserve it
At this point running a seed node and a delegate server should take up around 50% of fees.  What are you spending your fees on, and how does that benefit me more than them being destroyed?  Can you prove it?

4# Reputation.
Both online and in RL.  Most important, do they have a history of theft, graft, violence, or collusion with violent organizations?  This is not in regards to running a delegate node, I just think its a good idea overall.  There is nothing you could do as a single delegate that would lead me to either call the cops, or come to your house.  Other than in reference to #2 and #3 above.  I don't care who you are.

#5 engagement level.
Are they reading the forum, upgrading on time, and keeping a close eye on their delegate node?  This will all show up in results.  I only mention it because you didn't

#6 Technical ability
This will also be directly measurable in the results.  Incompetent delegates will not last long.

Perhaps I'm in the minority but I think we are over politicizing what should be and in reality is a very simple job.  I think politics is a much greater threat to our ability to stay safe and decentralized than a couple of malicious delegates getting in from time to time.