We accept Bitcoins [moved to bitcoin.it/wiki/Trade]

8 messages BitcoinTalk giik, DataWraith, teppy, Laszlo Hanyecz, Satoshi Nakamoto, BitcoinFX January 27, 2010 — May 26, 2010
giik January 27, 2010 09:10 UTC Source ·

To promote the use of Bitcoins in commerce, I’ve started this topic. Now anyone can post sites where Bitcoins are accepted

edit by sirius-m: Traders’ list has been moved to the wiki.

DataWraith May 19, 2010 19:52 UTC Source ·

Can I just butt in with a question on why that is? To me it seems that if Bitcoin uses public-key cryptography to transfer ownership of the coins, it should be a trivial matter to include a short message that is only readable by the recipient.

teppy May 19, 2010 22:33 UTC Source ·

Hmm - is there any text field associated with an address based transaction? It does make accepting Bitcoins a bit more cumbersome. Would including such a text field as part of the protocol compromise anonymity somehow?

Hypothetically, a short text message could be encoded into transactions by charging, say, 2000-2000.999999 Bitcoins and encoding the text portion in the fractional part of the amount.

Or does that solve a problem that doesn’t exist?

Is there already a protocol in place to say “make me a new address to send BTC to” ?

Laszlo Hanyecz (laszlo) May 20, 2010 02:41 UTC Source ·

You can create new addresses all you want.. the way most people are doing this is they generate a new address for the user and display it to them. When payment is received to that address it credits the user. You can just generate a new address for each transaction, like a transaction ID essentially. Link2VOIP automated it all and some others have as well, simply by using the built in JSON-RPC functionality.

Satoshi would have to address the other questions about including messages..

Satoshi Nakamoto May 20, 2010 21:43 UTC Source ·
Quote from: DataWraith on May 19, 2010, 10:52:42 AM UTC

Can I just butt in with a question on why that is? To me it seems that if Bitcoin uses public-key cryptography to transfer ownership of the coins, it should be a trivial matter to include a short message that is only readable by the recipient.

Almost but not quite.  Bitcoin uses EC-DSA, which can only do digital signing, not encryption.  RSA can do both, but I didn’t use it because it’s an order of magnitude bigger and would have been impractical.

BitcoinFX May 21, 2010 21:05 UTC Source ·

Good News. After much delay my BitcoinFX Exchange is now funded with $50 LR.

I have also set-up a Micro Forex Trading account, which is funded with Liberty Reserve, I will be adding 50% of any monthly profits to the LR exchange balance as I go along. So, I should always have some available USD LR. 😎

Please add that I now buy and sell Bitcoins for Liberty Reserve on the Trade page.

Thank you.

P.S. We are all getting there Bit by Bit 😉

Laszlo Hanyecz (laszlo) May 22, 2010 14:51 UTC Source ·

BitcoinFX, I requested an exchange, however the ‘Your Bitcoin address’ field would not accept a bitcoin address - it would only let me continue if I put an email address in there.

BitcoinFX May 26, 2010 01:14 UTC Source ·

laszlo, OK thanks I will check the web form now and send you a PM.

Update: I have the details of your exchange request and will email you to complete the exchange.

Please see this forum topic http://bitcointalk.org/index.php?topic=155.0 which explains the delay.