Hello do you run a Bitcoin store or have a favorite you'd like to share? I'm putting together a list of the best, most reliable merchants at: http://bitcoinbarrel.com/bitcoin-merchants/Feel free to add your site in this thread or send me a PM. |
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Or you could get an usb external hard drive with like 1 TB
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The restriction isn't that unrealistic. If you've been around forums much you know spam can easily get out of hand with many sites restricting newbies for 20+ posts. I don't see how anyone can run an online business without a contact form or email, but that's just me.
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Your friend could have very easily been the victim or a backdoor virus or malware. It happens all the time.  |
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I hate to be the bearer of bad news, but you most likely will not get your PayPal money back. I hope you do, but PayPal is very much against Bitcoin trading and their terms of service state they do not offer support for intangible items.
I purchased a domain name off Flippa awhile back and the seller sent me a stolen name. Godaddy took it out of my account and PayPal still gave him the funds even though I filed a dispute and he was using stolen PayPal accounts.
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It's a very good domain name to say the least. You could add a chatroom for now to get people coming back. Best of luck with your new site!  |
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The technology was already there for the most part, but an interesting outlook 20 years before its time. The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal disintegration. Many of these concerns will be valid; crypto anarchy will allow national secrets to be trade freely and will allow illicit and stolen materials to be traded. An anonymous computerized market will even make possible abhorrent markets for assassinations and extortion. Various criminal and foreign elements will be active users of CryptoNet. But this will not halt the spread of crypto anarchy. -- Timothy May, in The Crypto Anarchist Manifesto (1) |
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Still a very neat project and it's exciting to think about what the future holds for other Bitcoin ATMS.
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I think the whole idea of money laundering is a bit extreme to be honest.. The definition being: concealing the source of illegally gotten money Which can be accomplished no matter what the medium of exchange whether cash, coins, gold, cars, etc. If anything, Bitcoin is more favorable to the legal system for the very fact that when they do catch criminals and gain access to their computers they can easily trace their wallets and other purchases via the Blockchain. |
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Do yourself a favor and buy 0.2 BTC right now. Your usb miners will be lucky to get that in their lifetime.
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What are you mining? Some Alt coin?
Bitcoin difficulty is over 1.4 billion, so you would need a share of at least 1.4 billion to solve the block.
As far as calculators, they are a decent estimate if you have a lot of hashing power but they are not entirely accurate. You could potentially solve 2 blocks in a row or never solve a block. It's all part of the fun.
For me personally, I have my GPU miners running in a pool and I let my CPU miner run solo just for the possibility of solving a block. Estimates put my 1.2 MH/s cpu miner at solving a block in like 150,000 years but it could happen tomorrow you never know.
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Hooray for Satoshi! The Robin Hood of the New Millenia! He did not need force or an army to accomplish his task. Through mere talent and ingenuity, this man allowed free market to thrive once again. He has given the people their livelihoods back.
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Since they're already getting close to 51% (let's face it 45% is pretty dang close), I would like to see them implement the feature of choosing your pool. If you purchase Gigahashes, and you really own them, you would think this would be an available option... Just curious when they plan on allowing users to choose their own pool? When they reach 50.9% of hashing power? They did mention an option they're planning to implement to allow for mining hardware to be directed to other pools. Might use that to finish up mining with Slush's pool and then either go back to them or point them at something else like a Peercoin mining pool instead.
Let's face it, CEX.io and Cloudhashing.com have made mining a bit more accessible for those who don't want to jump through all the hoops of buying and setting up ASICs and FPGAs and end up worrying about software crashes or power consumption. In other words, it's the free market at hand.
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As neat as that looks, it doesn't mean much. Anything can happen in the world of virtual currencies.
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I think Amazon will be jumping on board soon, hopefully. Ebay and PayPal are buddies and PayPal hates Bitcoin so I don't see that happening. Amazon has always been at the forefront of the internet and if they are smart they will understand Bitcoin's potential.
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Perfect for Amazon and Ebay affiliate programs. Sell advertising with other Asic manufacturers.
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I heard the FBI is starting its own silk road and using the BTC to fund the start and thats why they are closing down all the other dodgy sites!!
You mean to say they didn't start the first one?  |
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