Are you looking to create a service like this or do you have a need for a service like this?
There are other bitcoin paypayment type processors
A guy recently put up a really simple payment api in public beta but I can't find his post.
If you are going to uses this service just be sure you go with something established as bitcoin business come and go and some of the newer, smaller usually suffer from reliability issues.
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There are obviously a lot of suckers on this board and after they've been had they resort to "magical thinking" that some way, some how the person who scammed they may just be mistaken and they will actually get their money back (with out going through collection or other legal means). An the scammers know that because they just keep stringing them along.
This phenomena can be seen in every scam then on this board.
Bitcoinia
Pirate
GLBSE
others....
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Boussac and hazak
I think your effort to argue that "legal tender" fiat is also "virtual currency" is confusing the issue.
If bitcoin and fiat are both virtual currencies then the only distinction is: one is government backed 'legal tender' and the other is not.
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residential and cloud hosted ip's change with each connection/restart users down updated versions of the reference client multiple times on multiple machines in any given year A large percentage 25/30% or more of Mt. Gox and BCT user account are likely inactive
I'd venture to guess 125,000 - 175,000 active active users at any given time.
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Bitlane,
Why are you are glorifying this criminal with fancy logos and org charts etc. You're doing more work marketing his failed business then he did when it was active.
I agree that we need an on-line searchable repository about trenton shavors, his crimes, his associates, his known addresses, and photos of him and his business associates so then any one who every know him or worked with him or meets him in the future will know that he is the criminal that his is (current family address where his wife her two kid from a previous marriage should be off limits).
But this whole logo thing with org charts is a bit much.
This should be searchable data repository. Not a Pirate fan-page which is what this thread looks like.
Your Bitlane, internet detective and you'll do what you want but I'm just saying...
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I guarantee you that distinction will not matter to the US Government won't. If a digital currency can be used as a "stored value" or as "prepaid" asset, believe me they'll regulate it.
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very well written especially then making a point about separating the term electronic money from the term virtual currency.
if you did not already know electronic money is displayed as the FIAT amount using FIAT symbol so it remains regulated as it clearly represents a FIAT equivelent EG paypal balances. where as virtual currency can be points, credits or crypto that does not look anything like a FIAT balance.
as long as the AML/KYC stick to their electronic money and paper FIAT and leave virtual currencies to fend for themselves and adopt their own best practices it will all be good.
Oh wow that's a great point. I actually used their definitions against them trying to make the case that they admit that apart from electronic money's physical counterparts being legal tender there's no difference between fiat currencies and bitcoins. But now I actually think it's better for us if there is a difference and we adopt their distinction because it absolves us of the current laws regulating electronic money. Thank you!
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Price/payment type accepted??
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Hey this is slick. I've added support to enter wallet passphrase. Why are you using the GET method for the send form? This will post your rpc user name and password to the https access_log. Not a good Idea. The Method every time you call the rpc through a FORM should be "POST". You should open up all the file and change all the METHOD from GET to POST then change all of the $_GET to $_POST. it's pretty simple. add the following under "amount" input in index.php <input type='password' placeholder='Wallet Passphrase' name='walletpassphrase'><br/>
then in send.php about line 16 (just after the first "try" open bracket{ $nmc->walletpassphrase($_POST['walletpassphrase'], 1);
the number "1" in the second value it the timeout so your wallet is decrypted for one second which in plenty of time to send. Also if you are accessing your bitcoind from a second box over a public network be sure you bitcoin.conf file includes otherwise your rpc username and password will be sent in clear text each time you make a call.
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I think epics went rogue. Just fess up and pay back.
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what are you guys 12. Come one....
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While "banksters" may have paid for this, it was clearly created by very intelligent, probably highly paid, academic team who use a very impressive and thorough list of references.
Kudos for them.
I wonder if the authors are aware of this thread. It would be interesting to hear from them.
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updateing firstlady's repayments
10/15 2 BTC
10/22 2 BTC
10/29 2 BTC 11/5 2 BTC 11/12 2 BTC 11/19 2 BTC 11/26 2 BTC 12/3 2 BTC 12/10 2 BTC
18 BTC
16 BTC
14 BTC 12 BTC
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we've all been scammed. It's no fun.
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hazek
by the same token, were I able to wire you a trillion dollars you would receive them electronically, virtually, and they would represent value in the databases which receive them. You could then wire those zeros and ones to another bank and go to that bank and withdraw fiat. Now you probably couldn't carry 1 trillion dollars, if that amount of even physically existed but you could wire that virtual fiat to the irs to pay taxes, you could wire to your credit card company or another bank to pay a dept. The fact that the physical dollar does not exist does not make it virtual. It still has value for the recipient.
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Needs to be in the US. More media coverage. 2012 was a disaster in terms of coverage. They were meeting in bars? Really? Running around trying to find meeting cause rooms had been canceled.
Hope it is a little more professionally planned.
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Virtual currency schemes differ from electronic money schemes insofar as the currency being used as the unit of account has no physical counterpart with legal tender status.
Dollars and Euro's have some physical counterpart with legal tenter status.
You are defining "Virtual"
I'm defining "Virtual Currency"
While 97% of fiat may be "virtual" ie is does not exist in the real world, it is not a "virtual currency" as is has legal tender status.
Bitcoin is a true virtual currency.
Well then I disagree with your definition of "virtual", I don't think having a physical counterpart that has a legal tender status vs having a physical counterpart that does not makes the later a virtual but not the former. Bitcoin is currently 10.68. I'm going to mail you a 10 dollar bill two quarters and a dime a nickle and three pennies. When you get it Please send me 1 btc. now you can take that fiat money to the bank to the store to the irs and pay for or buy something. What can I do with the btc besides convert it for a non-virtual currency, or trade if for something else of value.
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