Hi Marco/Autosigbot, I just turned Hero Member today, and I updated my signature to the Hero signature for Bit-X sig campaign. Now when I check http://bitsig.website/beta/, enter my user id 207430, it says "signature deleted !" and no stats are given. Please advise, as I had about 70 posts for this weekly post period at least before I updated from Senior to Hero member signature a few minutes ago. Thanks, Chuck |
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Don't see any issue with the disclaimer. Coinbase is just protecting their operations, and making sure their customers operate within a correct regulatory framework from a Money transmitter standpoint.
Coinbase has done more to mainstream and legitimize Bitcoin, then any of those jerks in the bankrupt and corrupt Bitcoin Foundation.
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I booked my ticket to the Halloween party already. In Bitcoin.  |
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Why Bitcoin?
Because it serves as an alternative to the failing ever inflating fiat based currencies around the globe. Ever hear of "The Grexit" or the Russian Ruble?
Why Bitcoin?
Because it allows you not to wait a few days for a major high value wire transfer, transaction, payment to clear from a bank or creditor and avoid exorbitant fees.
Why Bitcoin?
Because you're sick of annual fees, hidden fees, merchant fees, checking and savings fees, interest fees, late fees, maintenance fees. All you see with Bitcoin is a nominal miner's transaction fee, but if you're transacting hundreds or thousands of dollars worth of Bitcoin and can't afford a few pennies, I don't know what to tell you...
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A significant remaining hurdle is seeing Bitcoin wallets installed on every smart-phone. People are more likely to buy, use, and trust Bitcoin if they already have a Bitcoin wallet. It would be less mysterious, less intimidating, and in some people, mocking, until they fed it. Some options include - pre-installed with the device (what would be their incentive?)
- pre-installed with the operating system (what would be their incentive?)
- pre-installed by the branded retailer (what would be their incentive?)
- part of an optionally downloaded software suite (piggyback)
- individual optional download (the most common method)
Bloatware! I remember that's how they got suckers into signing up for Prodigy, Compuserve, and AOL internet in the 90's.  Gots to trick these fools into using it first... |
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I'll take a stab in the dark...GBTC starts trading!  Come on Silbert, makes this happen already!  |
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Gaming! Get one of those big mobile games that have those microtransactions to accept Bitcoins and advertise it heavily. Make it seem like BTC is the only way to get your loot:    |
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Yup, it's back now! Guess it was just some temporary server maintenance. Locking up this thread now.  |
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Modified Custom Level 2 Trust set on my end.
Just added a handful of members I've dealt with, and whole heartedly trust.
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Are they doing something with their website? Unable to go to their home page at the moment. http://www.coindesk.com/ Guess they're doing some maintenance possibly... Either that or they got hacked!  |
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If I had a Hot Tub Time Machine to go back to 2009, I'd do 3 things:
1)Buy up as many BTC's on whatever exchange was open at the time. If it's Mt Gox, so be it. I'd roofie Mark Karpeles, take some compromising pics of him with a Transgender prostitute and a goat, then black mail him into stepping down as CEO.
2)Setup the baddest mining farm that money could buy at the time. AMD's to fill up a warehouse. Mine non stop and setup a legit cloud mining service, CHUCKHASH.IO
3)Tell Ross Ulbricht and Charlie Shrem that I came from the future, show them my Hot Tub Time Machine, cover up their paper trails, and to step down from their posts to seek other Crypto opportunities
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I want to see this in some of their other games.... {StarCraft}  They should have a betting system built in with escrow, where spectators bet on the outcome of matches in tournaments. {Sport betting} I watch these tournaments and would also like to Tip the players {in game} if it was a GG. It's a spectator sport, and we should be able to bet on the outcome of these games. {Pro levels} Blizzard could take a percentage of the bets, for the escrow service being rendered. {They like to make money on everything} So on top of the prize money, people can bet on these games and the incentive for the Pro players will be to play better to get more tips. To add to your perceptive post, if Blizzard or eSports events could somehow award prize money in BTC, that'd be good for all parties involved. We're already seeing BTC tipping thanks to Changetip and Twitch for gamers livestreaming: http://www.coindesk.com/changetip-integrates-with-game-streaming-service-twitch-tv/Also, Xapo and CEVO with their partnership: https://bitcoinmagazine.com/19958/xapo-partners-online-gaming-company-cevo-holds-21000-giveaway/Looks promising on the gaming/Bitcoin front, hopefully Blizzard follows suit soon. |
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I know it's a pipe dream that Rand would actually win the Republican presidential nomination...but who knows. If the other candidates somehow underwhelm, maybe he has a fighter's chance of moving on beyond the primaries. Go Rand Go! Take BTC with you to the top!  |
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They used a distinct address for each email sent, so we wouldn't know how many people fell for it. Ohh... OK Thanks Coinbase needs to display their public IP used on their email headers, or this could become a bigger problem than it is today, since users have no means of confirming these emails. Coinbase would never provide a BTC address to send to, especially through regular text email. They'd announce it on their official Twitter or on their blog first. https://twitter.com/coinbasehttps://blog.coinbase.com/ For any payments, you'd have to login to Coinbase first, provide 2 FA code, before you even get to submit any sort of payment. Never to a direct wallet address. |
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I received that same phishing email from Coinbase last week. The real Coinbase already sent an email to all their Coinbase users about that scam attempt: Coinbase Hi there, Earlier today, a spam email claiming to be from Coinbase was sent to some of our customers, announcing a "Coinbase Invest Fund". If you received this email, please disregard it. We apologize for any inconvenience this may have caused. Note: This email in no way affects the safety of your Coinbase account, and no customer data was compromised. If you have any questions, please don't hesitate to contact support@coinbase.com. Kind Regards, Coinbase Security hmm, didnt get the email and I dont see it mentioned in their blog or support section of website? Do they have an official forum account here that posts updates? Their official twitter acknowledged the phishing attempt: https://twitter.com/coinbase/status/586164781029040128Chances are if it's not of their official blog, https://blog.coinbase.com/, then it's fake. |
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For investors that want to invest in Bitcoin, but in the more traditional fiat based way, you can probably get in on GBTC and COIN when it eventually launches:
-snip-
Is that a legit site? Seems a little bit fishy for me. If you're talking about Ticker symbol GBTC which will represent BIT (Bitcoin Investment Trust) on the OTC markets, that's as legit as it gets. Look up Barry Silbert. He's in charge of BIT. As far as the Winklevii, I'm sure you've heard of them in the news, and heard of their ETF, COIN, as well as their upcoming exchange, Gemini. All fully regulated and legitimate awaiting launch sometime this year. Basically, what CB said. The system is regulated by the Fed. If they screwed people over, it wouldn't be some "let's just run off because nobody will find us" situation like we've been dealing with. The Fed itself would step in. But is the ETF actually worth buying into? I still don't quite get what they do (I do in general, but what about this specific one)? The GBTC and COIN ETF is like any other ETF or any other holding or stock shares in a company. It's like investing in GLD or SLV without actually having gold or silver bars in your safe. You'd be owning fractions of a Bitcoin with both GBTC and COIN, all without the headaches of actually safe guarding, air gapping, backing up, or securing your stash. Some people like peace of mind or like to offload the "security" risk to the valid exchanges, instead of straight up ownership. So essentially it's virtual virtual bitcoins, then, . I'm slightly familiar with ETFs from the perspective of like "S&P 500" and such. I wasn't aware that it was simply a holding vehicle for the underlying assets, though (new to investing) and didn't even know you could use them for things like gold/silver. Yes sir! Something along those lines. Holding shares in Bitcoin, about 1/10th of a whole Bitcoin, but without the Gox'ing, Stamp'ing, or Mycoining that's been going on. Should be any day now, based on the news, GBTC could be launched as early as next week: http://www.cnbc.com/id/102549768Pretty cool thing! Do you know what their yearly "management" fees are? Here's the Bitcoin Investment Trust fact sheet for GBTC: http://bitcointrust.wpengine.netdna-cdn.com/wp-content/uploads/2015/03/Fact-Sheet_Mar15.pdf2% Annual fee. $25,000 minimum investment, small dogs need not apply! |
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I received that same phishing email from Coinbase last week. The real Coinbase already sent an email to all their Coinbase users about that scam attempt: Coinbase Hi there, Earlier today, a spam email claiming to be from Coinbase was sent to some of our customers, announcing a "Coinbase Invest Fund". If you received this email, please disregard it. We apologize for any inconvenience this may have caused. Note: This email in no way affects the safety of your Coinbase account, and no customer data was compromised. If you have any questions, please don't hesitate to contact support@coinbase.com. Kind Regards, Coinbase Security |
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For now, no. Regulation is only coming to the exchange operators and entities operating as a MSB.
The authorities still don't fully understand Bitcoin yet. Currency? Commodity? Property? Payment Portal? We know what it is, but they're waiting out this period of growth to see how it matches in their tick box.
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