I got booted at some point. My name was mtbomb.

Sources are available. Some HS guys should go in on a bounty for a decent client.

It ate all the money everyone had on the table, now my entire balance is gone. Deposit here at your own risk.

we got a thread going in Software yesterday wondering about decentralised poker (and bitcoins): http://forumserver.twoplustwo.com/45...tware-1021113/

how much will come of it nobody knows ideas are always helpful though!

The software and site are pretty bad, but the guy running is good. His name on the Bitcoin forum is Hippich and he posted there yesterday. You'll get your money back.

I got it back (I think). It was weird that it affected money I didn't even have on the table.

https://github.com/jgarzik/pyminer

A bitcoin mining scripts

CPU mining is pretty much worthless, although that code might be useful for understanding how it works.

That's what the readme says:

That's good.

I saw that the guy said he's moving it to a newer server soon and that that should help some.

It might help because of less down time, but it wont help with the underlying issue.

He's also running a huge risk by running this poker software, especially if he lives in USA!

Reddit updates:

http://www.reddit.com/r/poker/commen..._for_the_beta/

http://www.bitcoinpoker.net/

He said he was in Germany.

seems to have just hit 1.3

I'm lol'ing my way to the bank

Crap, I sold some at 1.19 then was trying to buy on the next dip. I suck at trading.

Someone is seriously set on buying a ton of BitCoins. Wouldn't surprise me if it was someone on 2+2.

I bought $50 worth just to play around with it. I'm too worried to buy more even though they keep going up. It seems too much like putting it all on red and hoping for the best.

It's a risk but it's nothing like putting it all on red

Yeah, red you at least you know you have a 48% chance of winning.

But you're only going to win 2x.

Video from Nielsio about Bitcoins:

http://www.youtube.com/watch?v=DoK8H...mbedded#at=130

"Bitcoins are not consumable goods, therefore you cannot tell their value"

response- "uh, but you say can do this in gold?"

not sure yet if this is an amazing idea, but it makes me really happy that it's being done.

imo, the community really needs an ebay-type service.

Is the limit to 21kk BTC really an issue? This is virtual currency. You can always trade smaller fractions, right?

its currently set up to be tradeable down to 8 decimal points, but the FAQ indicates that they could increase that if necessary

https://en.bitcoin.it/wiki/FAQ

It really comes down to 21 quadrillion units. Is it possible that limit is too small? Doubtful. But perhaps. 10 billion people in the world by the time population maxes out. 210,000 per person available.

There is already an auction site. Not much for sale on there.

There has been a huge increase in volumes on mtgox since April 12th. It looks like volumes have roughly quadrupled.

Historical data is now available,
http://bitcoincharts.com/t/trades.cs...goxUSD&start=0

7000 new bitcoins are created each day, so as long as volumes are much higher than that on mtgox, I think the price will rise.

Here's an economist's take on bitcoin:
http://marginalrevolution.com/margin...s-bitcoin.html

His argument is that if bitcoins are hard to change in and out of dollars as they are now, then they won't be particularly useful.

If they become easier to move in and out of then there is no reason for people using them to hold on to them and the value will eventually fall.

One thing I think he is missing here is cost. If there is a cost of moving in and out of bitcoins, some bitcoin earners will hold on to them if they think they can spend them later. This I think would create the store of value that he thinks will be lacking.