I am just wondering - between all places accepting Paypal there is a huge number of trustworthy members. If we:

- get all Paypal email addresses from mndrix that he knows are honest
- get all OTC rating incorporated into the exchange
- get all people having very good forum reputation (from the honest members thread)
- get all people from bitcoinmarket who use Paypal and are honest

We could alter bitmarket to only accept Paypal from these people - and then the sellers would feel comfortable selling for Paypal, because they would know the buyers are verified.

Either that or in order to use Paypal on bitmarket as a buyer you would have to get verified (phonecall, activation code or something similar).

Of course, I don't think this is possible for the simple reason that mndrix and bitcoinmarket are not in a position to disclose such information. But in theory, this could yield in a big OTC portal where Paypal and its chargebacks would not be an issue. Also, we would introduce a rating system.

OKay Sir, I stand corrected.

Still, 9 of 10 spaming IPs invading my own servers come from Russia. They probably just love Ireland.

This is usually caused by an incorrect SDK version. Which one are you using?

I have nothing against Russia. I have a lot of friends there and my wife used to live there for a few years. However, the fact is that vast majority of spam and scam comes from there. That is a fact - logs don't lie.

I think one of the biggest advantages would be that we would be operating under EU laws, not US laws. So even if the USA government decides to try and shut down our exchange they won't be able to do anything.

Actually, I don't undetstand why bitcoin-central never actually took off on a larger scale? The trades there are liquid and they accept deposits. Any idea?

We are considering adding support for USD to BitMarket.eu. Does anyone know how expensive it is to transfer USD onto an European account? Would this help the US users in any way or should we not bother? Thanks for any advice/suggestion.

EDIT: We don't want to open a bank account in the USA, but we can open an European one accepting USD.

Exaclty, I have never transfered money in or out to mtgox. I either bought mtgox USD for Paypal, or sold it for Paypal. It works great.

EDIT: Anyone knows how much it is to transfer money from USA to Europe? We are considering adding USD to BitMarket.eu. Would that make any sense for people living in the US?

Oops, sorry! I have used some other website than usual (because http://www.prchecker.info/check_page_rank.php was down) to check the pagerank - I thought they were all using the same reference. Apologies man, I shall transfer the bounty straight away.

I am from Eastern Europe and I still don't get it, товарищ.

On bitcoin.ie/forum I have 5-6 bot attempts daily from Russian IPs to register and post spam. I was forced to switch to manual registrations and I am seriously considering blocking all Russian IP ranges at this stage. Parhaps mtgox should do the same?

@mndrix if you end up filing a lawsuit against Paypal I will be more than happy to toss a few thousands of BTC to support your case (or EUR should that be more useful).

BitMarket.eu is going to become one in a week or so, we have already spoken about that.

EDIT: Some major changes are being done to the website, including incorporation of the otc-ratings.

That's great. Just keep in mind this is not eligible for the 125 BTC because it is not a physical good.

Due to the price of Bitcoin going up recently I am lowering my pledge to 5 BTC per shop and 2 BTC per organisation.

I also updated the sheet and pledges, if anyone sees any mistakes please let me know. Thanks.

Unfortunately the site has a pagerank of 0, so no bounty. Still, thanks for your effort.

10 BTC sent.

Great. I sent you 10 BTC.

Again, this has a pagerank of 0. Please check before posting next time.

Pagerank 0

Guys, can you please check the pagerank before you post. I am wasting my time only to find out they don't meet the criteria.

These to are 1 and 0, so they don't qualify.