What about a bank wire to Mt. Gox. and then buying the Bitcoins through them? Would that be a stupid way to buy the BTCs?
No, that's fine. You had asked about cheaper alternatives. A SEPA wire to Mt. Gox (bank in Poland) is fairly inexpensive and probably nearly as fast as an international wire to their other bank would have been.
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When I want to transfer them to, say, another cold wallet, how would I proceed to do that in the safest possible way consistent with the safety steps I have already taken? You could try creating a raw transaction and bringing the signed hex string result over to any machine and push it to the network. You would first need form the network the transaction hash, index and amount that funded your paper wallet. - http://en.bitcoin.it/wiki/Raw_Transactions - https://blockchain.info/pushtx(That is both powerful and dangerous -- you could easily typo and end up sending the wrong amount to the miner in fees, for example) A safer way is to use Amory and do so offline: - http://bitcoinarmory.com/using-offline-wallets-in-armory/ I would also like to know what the safest way to import wallet.dat files which also have never been in contact with the Internet. Well, with an offline Bitcoin-Qt you could do a raw transaction (by finding out all the unspent transaction outputs) -- again, risky. Or you could ... from an offline system run Bitcoin-Qt and export the private keys, and then import them into Armory offline (and create a spend transaction from there). Sorry there aren't more user-friendly methods for securely redeeming paper wallets/private keys. But Armory does have a lot of fans.
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So for the full year of using bitcoin, I have only had ONE, Not oversized transaction, and with the rise in price, the fees are really starting to add up Why are All of my transactions, Be it 1btc or 1satoshi, Are all "over the size limit"?
From another thread: A better catch-all English translation: "Due to the use of recently received funds, the size of this transaction in KB, or the transaction amount, a fee of 0.0xxx is required to ensure your Bitcoin transfer is reliably processed. Proceed?"
It's simply the result of you engaging in activity that is sending you tiny bits of coins, or you trying to spend small amounts of coins right after receiving them. Bitcoin isn't a microtransactions network. Neither is PayPal or Dwolla. Dwolla charges $0.25 unless the amount $10 and under then it is free, but the minimum you can send is $1 USD. PayPal charged $0.30 + 0.29%. the fees are really starting to add up I'm betting that compared to PayPal or Dwolla they are pretty trivial. Like 0.0005 BTC? (worth three U.S. cents). Now if they are higher amounts, like 0.01 BTC, that's because it is pulling together a ton of small bits. If they are a significant problem you can try importing your private keys into Blockchain.info/wallet and from there spend "Custom" where you can choose what fee to pay, ... though your transaction might hang as unconfirmed for a long time if you choose too small of an amount. - https://blockchain.info/wallet/import-wallet
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LevelDB read failure: IO error: C:\Users\User\AppData\Roaming\Bitcoin\chainstate\041412.sst: Could not create random access file.
Is it possible your disk is full?
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I get free shizzz so can anyone name me off some cards and/or builds that are low in watts but high in hash's? There's maybe three or four weeks left before any GPU miners remaining will be shutting down thanks to ASIC. Are you sure you want to be putting any time into something this close to sunset?
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then rinse and repeat until all shares are sold or the remaining order is cancelled. Is this how it works?
Yup.
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How long is the wait ? I can see the transaction already has 8 confirmation on bc.i while still not showing up in my MtGox account.
There's a handful of complaints on the forum, and another handful on IRC reporting transfers are not getting credited. You can open a ticket on their support so they don't forget about you, but it being a holiday (Wednesday) in Japan it could be a bit.
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I am having some problems with my MTGOX account. I already credited it my mtgox account with 8-9 btc's. And the transactions have like 10-11 confirmations. BUT still havent gone anything credited to my mtgox account.
That's the problem with a hosted (shared) E-Wallet. The only party who can do anything is the party that controls the wallet. In this case it is Mt. Gox. There is one additional support channel you can try, but I already see others asking there with no response: - http://webchat.freenode.net/?channels=#mtgox
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Is someone in the same situation as i am? ? It's not just you: I am having some problems with my MTGOX account. I already credited it my mtgox account with 8-9 btc's. And the transactions have like 10-11 confirmations. BUT still havent gone anything credited to my mtgox account.
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I am having some problems with my MTGOX account. I already credited it my mtgox account with 8-9 btc's. And the transactions have like 10-11 confirmations. BUT still havent gone anything credited to my mtgox account. 2 hour have passed.. please anyone help? It should have been there since 6 confirms not 12.. Btw dont ask if i sent to wrong btc address because i have checked it like 300 times if i did something wrong.
It's not just you ... Is someone in the same situation as i am? ?
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Does this mean there will be no new money on Gox tomorrow or are they operating out of more countries these days ?
I hope the Wednesday dip is more impressive than the weekend dip has been lately.
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I now have 1 BTC in my wallet And you've made a backup, right?
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Money transmitters and exchangers have to be transmitting and exchanging for someone, and presumably that someone does not himself qualify as a money transmitter or exchanger.
That's because they first paint with the wide brush: The term “money transmission services” means the acceptance of currency, funds, or other value that substitutes for currency from one person and the transmission of currency, funds, or other value that substitutes for currency to another location or person by any means. then they have the limitations: 31 CFR 1010.100
(ii) The term “money transmitter” shall not include a person that only:
(F) Accepts and transmits funds only integral to the sale of goods or the provision of services, other than money transmission services, by the person who is accepting and transmitting the funds. - http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&SID=7c3244a442513cbcf5fbef276eee622a&rgn=div8&view=text&node=31:3.1.6.1.2.1.3.1&idno=31
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How can I use bit-instant to put money into BTC-E ?
I see the option on btc-e site, but it directs me to bitinstant which says nothing about btc-e anywhere
It looks like it is only income (from BTC-e) at the moment, though I'm not sure. I do see that AurumXChange (VouchX) can be transferred to BTC-E vouchers. I don't know the conversion cost, ... probably isn't cheap, but it is one path.
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Excerpt from prepared remarks of Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network She gave the keynote in Miami this morning for today's session of the MoneyLaundering.com's 18th annual AML conference. To date, FinCEN’s analysts have explored and produced reference products for law enforcement on many traditional and emerging payment systems. These include: cross border funds transfers and correspondent accounts, money transmitters, online payment systems, prepaid cards, and mobile payments. FinCEN’s analysts then follow up this work by providing in-person analysis and training to thousands of investigators each year.
In addition to developing products to help law enforcement follow the financial trails of emerging payments methods, FinCEN also develops guidance for the financial industry to clarify their regulatory responsibilities as they relate to emerging areas.
In fact, just yesterday, FinCEN issued interpretive guidance to clarify the applicability of BSA regulations to virtual currencies. The guidance responds to questions raised by financial institutions, law enforcement, and regulators concerning the regulatory treatment of persons who use virtual currencies or make a business of exchanging, accepting, and transmitting them.
FinCEN’s rules define certain businesses or individuals as money services businesses (MSBs) depending on the nature of their financial activities. MSBs have registration requirements and a range of anti-money laundering, recordkeeping, and reporting responsibilities under FinCEN’s regulations. The guidance considers the use of virtual currencies from the perspective of several categories within FinCEN’s definition of MSBs.
The guidance explains how FinCEN’s “money transmitter” definition applies to certain exchangers and system administrators of virtual currencies depending on the facts and circumstances of that activity. Those who use virtual currencies exclusively for common personal transactions like receiving payments for services or buying goods online are not affected by this guidance. Those who are intermediaries in the transfer of virtual currencies from one person to another person, or to another location, are money transmitters that must register with FinCEN as MSBs unless an exception applies. Some virtual currency exchangers are already registered with FinCEN as MSBs, though not necessarily as money transmitters. The guidance clarifies definitions and expectations to ensure that businesses engaged in similar activities are aware of their regulatory responsibilities. - http://www.fincen.gov/news_room/speech/pdf/20130319.pdf - http://bit.ly/YpohMG <-- PDF Viewer in Google Docs.
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Different names for the same thing: fiat money.
I use the Starbucks mobile app occasionally. It simply spits out a unique ID that their system uses to check my balance, and then subtract my purchase amount from my balance. Works pretty slick. I've used Google Wallet but just once. Took me about 5 minutes to do first-time set up (nobody was behind me at the counter) due to intermittent data connectivity (indoors of a heavy steel structure). Have considered using it again, but just for the novelty. If I'm going to do a Visa/MC charge, I'll pull a card out and swipe. The TabbedOut one is interesting. They could easily add BitPay integration or something like that so that Bitcoin users would have a growing selection of restaurants when considering places where bitcoins can be spent. The founder of TabbedOut @OrrRick had met with #TheRealPlato during is cross-country Biticoin road trip in 2011 and they discussed Bitcoin as a potential payment method. There's at least a half dozen others not on that list (e.g., KuaPay), and that's just ones I'm familiar with. Lots of $s going into mobile payments, and Bitcoin is the one with the most potential (and proportionally the least development).
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What spurred this huge jump in volume today?
Lack of options for shorting.
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