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  • Replies: 68
  • Topics: 9
  • Likes Received: 66
  • It's mind boggling that LTB has 210 episodes out

    Seriously great job. I remember the 100th episode and thinking "Wow, 100 is a lot of episodes", keep up the great work!

  • Re: Demo of the LTB Companion Wallet chrome extension

    @tintin @adam

    I edited my original post after rehosting the images on imgur. Hopefully everyone can see them now.

  • Re: Demo of the LTB Companion Wallet chrome extension

    @tintin I don't care if the transactions take days, if only I can use low fees. Hopefully you can set the fees manually. Will definitely try this one out in the near future.

    @Omnibus , you screenshots are not showing up. Or is that just me?

    I just tried it on my phone and they're showing up there as well. It might be something on your end unless other people are having issues

  • Demo of the LTB Companion Wallet chrome extension

    This was created by @loon3 and after trying it out wanted to show everyone how cool it is so far. Currently under development, use at your own risk!

    How to add the extension to chrome:

    1. Go the the github page and click "Download ZIP" on the lower right side
    2. Once downloaded, extract the zip file
    3. In chrome, go to chrome://extensions/ and enable developer mode
    4. Click "Load unpacked extension" and navigate to where ever you extracted the file
    5. Highlight the folder called "Chrome Extension" and click "OK"

    At that point you should see the "LTB Companion Wallet" added as a new chrome extension and there should be an icon that appears at the top right corner of your browser!

    @loon3 's github shows that this is still being developed so I wouldn't use large sums of coins until he says it is ready to go

    Suggestions: On the "Wallet Settings" tab, prompt the user when they click the "Reset Passphrase" button before actually doing that. I clicked it just to see what would happen and it automatically reset the current passphrase so if someone was playing around after sending to their into wallet addresses, everything would be lost.

    It might be a good idea to show the BTC balance somewhere near the LTBc balance on the first tab and then make the BTC balance show in red if it is too low to actually send a transaction.

    I like how the cost per transaction is clearly shown to the user (maybe that would be a good spot to show the users current BTC balance?)

    Overall this looks very promising! Awesome job, I know I'll be playing around with it!

  • Re: Best Bitcoin Film Poster: Please vote

    Just voted. Looks like you guys should have a cool poster/cover regardless

  • Coinbase opens as first U.S. Based Bitcoin Exchange TOMORROW

    The virtual currency bitcoin is getting a very real boost on Monday, with the opening of the first licensed U.S. exchange.

    Coinbase Inc., a startup backed by $106 million from the New York Stock Exchange, banks and venture-capital firms, said its exchange will offer greater security for individuals and institutions to trade bitcoin and monitor real-time pricing of the cryptocurrency.

    The exchange could bring needed legitimacy to the currency, which isn’t backed by a central government and is traded over virtual exchanges, primarily overseas. Coinbase said it has insurance, offering traders some assurance that their money won’t disappear.

    Bitcoin enthusiasts have been buffeted by the collapse of Japan-based exchange Mt. Gox last year—taking with it around half a billion dollars of investors’ money—and a security breach earlier this month at Slovenia-based exchange Bitstamp. The value of a bitcoin itself, determined by trading on existing exchanges, has fallen to about $240, from a peak in late 2013 of more than $1,200.

    “To have an organized exchange that has the backing of thoughtful venture capitalists and investors addresses one of the main problems with bitcoin: its extreme volatility,” said Campbell R. Harvey, a Duke University finance professor who has studied cryptocurrencies. “Bitcoin has been sorely in need of something like this.”

    Coinbase’s founders say they have been working for five months to win licenses from state financial regulators. They have regulatory approval in half of U.S. states, including large population centers like New York and California. For now, Coinbase can do business with account holders only in states where it has approval.

    Coinbase will take a small percentage—likely less than 1%—of most transactions, said Fred Ehrsam, 26 years old, a co-founder. The exchange will initially be limited to users in the U.S., but Chief Executive Brian Armstrong, 32, said he plans to expand overseas.

    Mr. Armstrong said he expected to attract both individuals and businesses looking to trade bitcoin. “Our goal is to become the world’s largest exchange,” he said.

    Others are looking to open U.S.-based bitcoin exchanges, including Tyler and Cameron Winklevoss, the twin brothers known for their early feuds with Facebook Inc. founder Mark Zuckerberg .

    Financial regulators, including the U.S. Federal Reserve, have been scrutinizing bitcoin recently. Benjamin Lawsky , the superintendent of the New York State Department of Financial Services, is working on a so-called BitLicense for firms looking to offer digital-currency services in the state; Coinbase is operating under earlier regulations. Mr. Lawsky’s plan is seen as a template for legislation in other jurisdictions, and it may give outsiders more confidence in the currency.

    Bitcoins are created using high-powered computers that “mine” for the currency by solving complex mathematical equations. They are exchanged digitally either for currency, or goods and services. Ownership and transactions are recorded, anonymously, in a so-called blockchain, which backers say reduces the risk of fraud.

    Bitcoin grew to prominence in recent years in part because of the ease with which it can be transferred.

    Coindesk, which tracks the price of bitcoins, says 82,000 businesses accept the currency, double that of a year earlier, including e-commerce site Inc. and Expedia Inc., as well as many small retailers. The value of all bitcoin is $3.2 billion, according to Coindesk’s price index.

    The NYSE invested in Coinbase during a $75 million round of fundraising that closed this month. Other investors include USAA Bank, the venture arm of Spain’s Banco Bilbao Vizcaya Argentaria SA, former Citigroup Inc. CEO Vikram Pandit and former Thomson Reuters Corp. CEO Tom Glocer. Venture backers include Draper Fisher Jurvetson, Andreessen Horowitz and Union Square Ventures.

    The NYSE’s investment was intended in part to “keep an eye on bitcoin as it matures as a legitimate currency,” President Tom Farley said. “Any currency relies on its acceptance.” The Coinbase exchange “is an important step for the currency to become socially acceptable.”

    Coinbase counts about 2.2 million consumer wallets and nearly 40,000 merchants that use its services. The company has about 75 employees and plans to operate in 30 countries by year-end, up from 19 today.

    WSJ Article

    I for one welcome the wall street rocket fuel to the moon. Coinbase will have money transmitter licences in 25 US states.

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