Not if they can't afford to make a loss in the beginning.

Its a smaller site, when it begins to pick up some sales they will surely lower the fees.

How many pre-mined coins does it have this time?

Let me guess, dog ate your YubiKey?

Thats nothing:

http://wonga.com/

Representative APR 4214%

I'll offer 2BTC

You don't??

No thanks. A roulette table would give me a much higher risk/reward ratio than this loan.

I'll buy a few if you are willing to send first.

Linode is a hosting company. A bunch of bitcoin websites that were hosted on linode were hacked and wallet files stolen.

http://bit.ly/Hn8mae

Lost the location of the wallet file on your PC? search your drive for wallet.dat.

Unless you can find the wallet file, your money is gone. Receiving addresses are no good.

Its a good idea to print out your wallet import keys and hide them well, so if you loose your wallet file, you can import your address into a new wallet.

I don't know if there are stores doing this, but people do meet face-to-face to sell bitcoins.


The fee you charge would be subject to sales tax. Depending on your location, you may also need to get a money transmission license or something equivilant if you plan on selling a large amount of bitcoins.

When does this auction end?

Is this altchain using scrypt? If so, then are people GPU-mining it (like litecoin) ?

I miss CPU-mining litecoin, and need something to keep my processor busy.

sent 0.001BTC

Lets get this thing started.

Why don't you just sell your stuff for BTC?

I fail to see why you need somebody to spot you 2BTC.

Don't see how these are scam auctions. I won the last round with a 0.01BTC bid. He received 0.010520 BTC in total from everyones bids and sent me roughly 0.4BTC worth of NMC. He lost about 0.38BTC in the last round and I received my prize within an hour.

Thanks!

sent 0.01BTC

All the evidence we have to identify the OP is evidence he supplied. How do we know for certain he isn't setting someone else up?