|
Most of the laws relating gambling and sports betting relate to dollars being transferred across state lines. The fact that we haven't seen a bitcoin gambling site shut down it pretty good news. I've seen other more traditional gambling sites shut down. Their website was removed and replaced with a giant Department of Homeland Security seal. I don't think it's very difficult for the appropriate US agency to take down a website if it really wants to. Most hosting companies are going to comply readily with any requests by the US government.
|
|
|
|
Bali would be an amazing place to become a bitcoin vacation hotspot. I would love to go there and be able to buy my flight, hotel, meals, drinks, and entertainment all in bitcoin. I really hope this project works out and they achieve widespread adoption. I'll try to follow their progress. I've always wanted to visit Bali and now I have even more reason to. |
|
|
|
You can deposit instant but cannot withdraw for any reason be coins or fiat. I tried to withdraw fiat and after 2 days the request was cancelled with reason: invalid payment details.
This bait and switch tactic is getting very tiresome. It seems more and more exchanges are letting people deposit their coins without a mention of what they require in order to cash them out. More and more people are getting burned by these requirements. If a site has these requirements that's their prerogative, but they should make it very clear for the depositor what steps will need to be taken in order to have those coins withdrawn. |
|
|
|
|
I know this isn't 100% secure or anything, but realistically is this a reasonable course of action to secure some coins?
1. USB flash drive of Linux Mint or Ubuntu
2. While connected through direct LAN cable internet go download Electrum.
3. Create wallet and write down seed on paper(double, triple check seed ect.)
4. Write down receiving address from wallet.
5. Shutdown computer and send bitcoins from non secure source to the receiving address that was written down.
How does that sound as far as a decent way to have some coins secured? If I need to access them I can boot up from the USB flash and restore the wallet from its seed.
|
|
|
|
|
So basically there's nothing planned at all expect someone attempting to unload(an admittedly nice) domain name?
|
|
|
|
...(For example) Did you see the Bitcoin logo on the front of USA Today ~ a month ago. It was the USA Today logo with a big Bitcoin inside. That is one example of "strong support" from elements of the establishment.
Almost a bit scary if you think about it...
I never saw that! It was in celebration of the FEC decision to allow campaign donations in BTC.  I saw it on a news rack and had to look twice, since it was so unexpected. Seeing Bitcoin go mainstream is exciting; Having the elite media "promoting" Bitcoin feels odd, but why ask too many questions when the party is so much fun?  I never could have imagined years ago that we would be seeing the bitcoin logo on the front page of USA Today like that. It's amazing, really. |
|
|
|
They're playing catch up with Android. Face it, when Jobs died, so did Apple. Spoken like a true tard. Apple doesn't "catch up" with anyone. The rest of them are trying to keep up. Apple isn't after marketshare. Their business doesn't depend on your personal information to make a profit. Integrated solutions will ALWAYS dominate their fragmented counterparts. The sublime experience and polish reflects that. Apple was around way before Google and the Internet. It's not strictly a Internet/software company. They have MANY disciplines under their roof and the trick is to cross-connect them to craft one remarkable product. That's how the bavarians have built an industrial empire. Apple doesn't sell computers. They sell dreams. One thing you and everyone on the planet has to understand is that you engineer a solid product from TOUCH to CORE. Focus on anything less, or the reverse, and you end up with moldy swiss cheese. And just like any dominating economy, the brightest minds and talent flock to it. I don't favour Android or Apple but a lot of features in iOS7 were features that Android had for a very long time. |
|
|
|
|
People have used mBTC, uBTC, and Satoshi's as units for years.
SatoshiDice is named after the fact that when you lose they would send you 1 satoshi as a signal that they received your wager but you didn't win. And that was a long time ago.
|
|
|
|
Just imagine if the Federal Reserve started their own cryptocurrency, created a FedChain, blessed the banks to use it, ect. I can't imagine the limitations on it, but I am sure they would be bad. Probably would be a way for the feds to create their own coins in the protocol.
Soon there would online exchanges like Cryptsy.com that would allow you to quickly switch your FedCoins to BitCoins.
I think ultimately, this would actually accelerate the fall of the dollar.
What has drawn a lot of people to cryptos is its decentralized nature. The Fed would just be in essence creating a digital USD. Don't think it would spark too much support.
If I were the Fed I would be working on creating cryptocurrency. It might mean dollars are used less but the average person would be much more open to using "Fedcoin" rather than bitcoin I would think. I don't think Joe Sixpack cares too much about decentralisation. |
|
|
|
Non fiction:
Adventure Capitalist
Change how I view the world.
In what way did it change how you view the world? |
|
|
|
|
Wouldn't things like colored coins facilitate something like a federal reserve in bitcoin?
Or am I misunderstanding the application of colored coins in this case?
An entity could issue colored coins that are backed by debt, could they not?
|
|
|
|
|
Morning coffee. Makes waking up much better. Good time to relax and surf the web.
|
|
|
|
|
I thought I'd make a book discussion thread. Both fiction and non-fiction but we could probably separate it in to two threads if people would prefer that.
Couple books I read recently and enjoyed:
Fiction - Ender's Game. I had wanted to read this one for a while but never got around to it. There's a while series of books after this one, but I'm not sure if I want to read them all or not. Anyone have any experience with them?
Non-fiction - Kingpin: How One Hacker Took Over the Billion-Dollar Cybercrime Underground. This was really entertaining and gives a good look in to credit card fraud. Makes me appreciate bitcoin too.
|
|
|
|
I can't believe I'm seeing a 25 page thread and no one has mentioned they use Google Ultron yet?! It's the browser that NASA uses for gosh sakes!  |
|
|
|
http://www.bitcointrust.co/Second Market/Bitcoin Investment Trust is pretty much designed for this exact purpose. Perhaps you could contact them and see what they say.
|
|
|
|
The BTC-E FAQ is out-of-date, in the areas regarding payment methods anyway.
Are none of the other options possible for you to use?
Not sure, but I have money coming through a site that gives me poor options, and the best option out of the poor options is Ukash. So I'd like to find a way to use them without paying Virwox's absolutely insane charges. |
|
|
|
Looks like a lawyer trying to make a name for himself. (Not a very good name, mind you.)
He can't even spell half the words in the article correctly. Let alone Trendon's last name. "Schavers" lol.. |
|
|
|
|
I remember when Gavin ran his fauset and gave out a reasonable amount of bitcoin. People did abuse it, but I can say for myself that it was the first btc I ever had.
If I were you I wouldn't hold my breath expecting modern faucets to ever come close to the generosity of the older ones. Like you said, they're just a business now like any other.
|
|
|
|
Haha you know something is wrong with blackmarket does better than mtgox.
The thing is it's possible for someone like Karpeles to pull something like "forgetting" all the private keys, claim bankruptcy, and then walk away scot free legally. But in this case their whole business rests on trust and I guess if they want to be successful they have to prove that trust somehow. |
|
|
|
|
Show Posts
