Wish you can stand for your proposal: do not buy or sell bitcoin until you got your answers. PLS!

accidentally duplicated post... pls delete it.

My friend is designing a site called bitmay.com. I want to collect some suggestions from the community.

Here you can associate your bitcoin addresses to (at least one of) your various social accounts, such as facebook, twitter, google, wordpress, etc, which is especially useful when you publicly accept bitcoin.

You may:

• Sign up with one of your social accounts
• Register your other social accounts
• Add your bitcoin addresses to your account
• Set one of your bitcoin addresses as primary

You may also:

• Look up the bitcoin address a social account refers to
• Look up the social account a bitcoin address belongs to

Furthermore, you may put a badge on your website:

• various icons (I accept bitcoin)

API

• Developers can incorporate this api into their customized bitcoin clients.

---

What do you think about it?

Very helpful guide. thanks.

One of my friends is working on a similar project.

Bitcoin community needs a site similar to kickstarter.com, where people can propose or fund any creative project.

Dispoints you... I didn't pass anything...

The security.

Wallet file itself is being in the file system without any protection.

And the service runners lack the sense of security as well.

When a theft happens, no one could help.

When a data lost happens, no one could help.

The rise of the price only attracts more hackers and thieves.

Bitcoin is about freedom, but it seems that freedom is scary - especially when freedom is not protected by guns.

I'm not calling for protection, but it looks like that bitcoin users are lamps, and are tortured, chased, eaten by wolves.

a day extremely dark.

I'm on iphone, I'll elaborate several hours later.

I personally don't think your 20 BTC bounty request is too expensive.

But we still need more discussion, and need more bitizen's involvement to get a real start.

I don't have the imagination to understand exactly how much finally needed, but I'm personally willing to put some money(including BTC) on contribution to a better client.

We NEED a better client.

BUT we shouldn't wait.

WE can collectively pay programmers, raise a fund, evev share revenue once it profit.

Anyone interrested?


======================

Two most wanted features:

1. encrypted wallet file
2. multiple wallet management

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The webpage at http://bitcoin.org/ might be temporarily down or it may have moved permanently to a new web address.



... WHAT?!

What he meant I think is that dollar is shit, no matter 13 or 30 dollars.

Thank you for your analysis and data.

Elegant explanation.

If Bitcoin is a currency with deflation property, that means BTC has to be appreciated (which in reality means BTC is a fancy collectible)

Therefore a rational BTC user will hold BTC rather than spend it.

but if no one spend BTC, then what's the point of such a currency?

================

who can help me find out the fallacies in this reasoning? thank you!

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Edited 22nd, July, 2011:

Summary from responds to this post:

1. History has proved that such a senario didn't emerge that most users hold BTC rather and spend.
2. The definition of "rational" varies from individual to individual. Holding might well be rational for some, while spending is rational for others.
3. Let we assume bitcoin is deflationary. However, not everyone is 100 percent confident on the outcome of this assumption. Theoretically, only those who have 100 percent confidence will "rationally" choose to hold rather than spend.
4. Like any other products, the market price of BTC and the true value of BTC don't always meet, and deviation always exists, which always attracts speculators. A "rational" speculator's choice would be to gain as much as possible through buying and selling along with up and down waves.
5. Holding forever is meaningless. Money (including bitcoin) itself represents nothing, only when it's spent the value realizes. Nearly none of us is willing to holding money forever.
6. Before 2133, bitcoin is in fact not deflationary, since before that time, the amount of BTC circulated has been increasing. At current period, bitcoin is in effect an inflationary currency.

I just read this article,

http://techcrunch.com/2011/07/18/ruxum-wall-street-level-security-comes-to-bitcoin-with-new-exchange/

perhaps ruxum (https://x.ruxum.com/security) will bring better service...

Saving my own ass. That's all.