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1501  Bitcoin / Bitcoin Discussion / Re: If Blockchain is patented, can they bring down the rest of the altcoins? on: July 11, 2016, 04:03:32 PM
Software patents are granted in a very small number of countries, if for some reason, someone were able to patent the block chain he would be able to extort businesses that rely on this technology in such countries.
The United States and all of Europe grant software patents.  Japan too.  Which countries are you thinking of that don't issue patents for software?

There are no software patents in Europe.
1502  Bitcoin / Bitcoin Discussion / Re: If Blockchain is patented, can they bring down the rest of the altcoins? on: July 11, 2016, 03:55:38 PM
Software patents are granted in a very small number of countries, if for some reason, someone were able to patent the block chain he would be able to extort businesses that rely on this technology in such countries.
1503  Bitcoin / Bitcoin Discussion / Re: Halving event: expectation vs. reality on: July 11, 2016, 10:49:53 AM
Well, it happened exactly as I expected, nothing special happened...
1504  Bitcoin / Mining speculation / Re: Mining in 20 years time on: July 11, 2016, 10:48:33 AM
There will be no miners in 20 years because subsidy is to small to pay mining and bitcoin developers don't allow enough on chain transactions to maintain enough mining to keep the network safe, so bitcoin will be irrelevant or forked into POS.
1505  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) on: July 08, 2016, 04:37:13 PM
I must be misunderstanding this. Can someone clarify? Did DeaDTerra receive more than 22,000 BTC and return less than 500 BTC to shareholders? If this is remotely accurate then why is DeaDTerra  still showing to be a trusted user? Did some good come of this that made people ok with donating to DeaDTerra like a charity?

HashFast fucked us all.
1506  Bitcoin / Bitcoin Discussion / Re: Bitcoins existence has increased the spread of child pornography on: July 08, 2016, 03:40:37 PM
uh, i think it's pretty hard to refute that it has made monetizing evil shit easier.

but if they somehow 'get' bitcoin then it'll move to monero and on and on and on. it's too late to go back now no matter what they try. i hope they get better at catching this human garbage.

True, there are always the pros and the cons, although, I'm pretty sure, this conversation started with the invention of the Internet, and that's beyond banishment, it's just a matter of adaptation and criminals are always one step ahead of law enforcement, eventually they will catch up.
1507  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 08, 2016, 02:28:32 PM
it is a violation of their ToS to sell the coins in your Coinbase account on LocalBitcoins??

Yes, it's like that from the beginning, also you cannot gamble with coins bought at Coinbase, if you do so, your account will be terminated.


Why did they do this? Rules from the governments or from the coinbase shareholders?

Coinbase give me rules what i can do with my bitcoins?
Than we can separate bitcoins in dark bitcoins, infected with porn, gambling, and in white bitcoins?

Good times for mixing services ;-)


Regulatory compliance of course.

No company wants to make it difficult for their costumers to be their costumers, also they would save a shitload of money if they didn't have to monitor users' activity.
1508  Local / Portugal / Re: Ajuda Compra Bitcoins on: July 08, 2016, 02:20:21 PM
Sim, já troquei e-mail's com ele e pediu-me 0.62 bitcoin. Espero sinceramente que isto corra bem. Já falei com algumas pessoas que pagaram e tiveram a chave para desencriptar.

Ok, então, boa sorte. Smiley
1509  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 08, 2016, 01:42:33 PM
This is maybe a little off topic but it looks like Coinbase is getting stricter with rules. Did you guys know that it is a violation of their ToS to sell the coins in your Coinbase account on LocalBitcoins?? I'd been doing that the past maybe 6 or 7 months and never knew it was illegal. A couple of days ago I received a warning email from them saying that I was in violation of their ToS, that it is illegal to sell BTC from my Coinbase wallet on Craigslist, eBay, LocalBitcoins etc  Shocked

Yes, it's like that from the beginning, also you cannot gamble with coins bought at Coinbase, if you do so, your account will be terminated.

You need to obfuscate your activity from Coinbase.
1510  Economy / Economics / Re: Price before the halving? on: July 08, 2016, 12:53:39 PM
What happened 4 years ago when the halving happened? Did the price plummet like this?
Based on the price history of bitcoin last 4 years ago which is 2012 the price in dec 2012 is only $13 and just after months it's skyrocket up to $266. IMO the halving help bitcoin in that moment because maybe they know what is the benefit of halving so most of the online investor take that advantage because the price is just $13 and that panic buying cause the price to skyrocket Smiley.

That bubble is attributed to the Cyprus financial crises, nothing to do with halving.
1511  Local / Portugal / Re: Ajuda Compra Bitcoins on: July 08, 2016, 10:09:30 AM
Exacto, mas somente um valor muito aproximado ao que estão a pedir, por exemplo, se pede 0.63 BTC compras 0.6305, os 0.0005 vão ser usados para as taxas de transacção.

É difícil comprar assim um valor exacto porque a taxa de cambio flutua muito, mas para a carteira transferes só isso.

Já entraste em contacto com os tipos e tiveste prova de a amostra de descodificação?
1512  Economy / Trading Discussion / Re: not receiving coins from bitmixer on: July 08, 2016, 09:39:07 AM
You can use their support contact:

https://bitmixer.io/contacts.html
1513  Local / Portugal / Re: Ajuda Compra Bitcoins on: July 08, 2016, 09:35:17 AM
Sim, dessa forma funciona.

Porque é que acho melhor transferir para um endereço que controlas primeiro, tens controlo da transacção, o individuo recebe mais transacções no endereço que te forneceu, vai querer saber qual é a tua, podes ter de dar prova de qual é o endereço que enviaste e isso não é possível se enviares directamente de Bitstamp, para além disso é comum estes indivíduos toparem se existem mais bitcoins do eles pediram inicialmente no endereço e tentarem extorquir mais um bocado, se transferires somente a quantidade que eles pedem depois o endereço fica vazio ou lá perto, se transferires directamente de Bitstamp também não tens controlo sobre isto...
1514  Local / Portugal / Re: Ajuda Compra Bitcoins on: July 08, 2016, 08:53:50 AM
Bem, então bem-vindo ao universo bitcoin. Smiley

1515  Economy / Speculation / Re: ELLIOTT WAVE ANALYSIS OF BITCOIN (BTC/USD) PRICE on: July 08, 2016, 08:00:47 AM
How accurate your predictions have been over the years?

$85 doesn't seem possible unless something really bad happens.
1516  Bitcoin / Bitcoin Discussion / Re: Bitcoins existence has increased the spread of child pornography on: July 08, 2016, 07:56:29 AM
Well, digital cameras and cell phones with cameras are the real culprits here...

Is there any startup trying to solve the GoPro child pornography problem?
1517  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 07, 2016, 05:19:36 PM
The European Commission plans new rules on anti-money laundering.

http://europa.eu/rapid/press-release_IP-16-2380_en.htm

and there is a part to virtual currencies:

Tackling terrorist financing risks linked to virtual currencies: to prevent misuse of virtual currencies for money laundering and terrorist financing purposes, the Commission proposes to bring virtual currency exchange platforms and custodian wallet providers under the scope of the Anti-Money Laundering Directive. These entities will have to apply customer due diligence controls when exchanging virtual for real currencies, ending the anonymity associated with such exchanges;


As of 01.01.2017 the EU directive must be transposed into national law.
Perhaps BaFin was so fast and turns it already now.

what about bitstamp? will bitstamp be shut down in germany too? now news on their website.

They're good in Germany:
Quote
Bitstamp’s license is passportable into the 28 EU member states providing all European customers with a robust, secure platform for bitcoin trading.

https://www.bitstamp.net/article/bitstamp-first-nationally-licensed-btc-exchange/
1518  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 07, 2016, 02:39:31 PM
Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.

It has nothing to do with bitcoin.

It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't...

So this is going to happen in all EU countries? Germany is just the first to act?

It will happen in countries that have legislation Coinbase is not complying with...

They may need to have European offices and servers and comply with European data laws, you know USA companies give all information to the government and intelligence agencies, financial information is very valuable, letting USA companies operate unchecked is opening the doors wide to spies.
1519  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 07, 2016, 02:23:22 PM
Hopefully this is not the beginning of a more major attack on Bitcoin. I also wouldn't be surprised to see in the coming months, although, that they resolve the issue and are able to sell to their German customers again. Coinbase offers a great service and the German people deserve to be able to take part in the program.

It has nothing to do with bitcoin.

It's usual for USA startups and established companies to enter in European markets and think they can disregard all local laws and do their business like they do in USA, well, they can't...
1520  Bitcoin / Bitcoin Discussion / Re: Coinbase banned Germany & Luxembourg on: July 07, 2016, 12:56:39 PM
They must comply with local law, I assume they're not doing that, so, no business there. Smiley
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