Bitcoin Forum
May 26, 2024, 10:56:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 83 »
241  Economy / Trading Discussion / Re: FinCEN says you must be MSB if you sell bitcoins for $ on: March 19, 2013, 04:31:01 AM
I wonder if it changes if you send a physical print out of a private key or mt. gox code.

Probably not.  "Real currency equivalent" is specifically mentioned and that would almost certainly apply to MtGox codes.

Selling someone the private keys would almost certainly be regarded as "transmission" as that recipient then has effective ownership of the "units of convertible currency".

I kinda seen this coming hence moving my business offshore, As the first person to sell Bitcoin-Key's for credit card and latter copied by BTCquick, I talked to a informed member of the gov who warned me of this move. Of course If I would have said anything Like I did about the S.E.C. I would have been throwing fud or whatever you have it.
But I can tell you right now that
BTCquick
ZIGZAP
Cash for Bitcoins LCC
will all have to comply or cease operations, which sucks, cause its going to cost into the 5 to 6 digits to get all that crap sorted out and be in 100% compliance just ask Bitinstant. Doing this with in the 6 month period will be doable but we are in a sequestration right now and I am sure this will reflect on the processing time.
http://www.fincen.gov/financial_institutions/msb/msbrequirements.html

Now this brings up the states your U.S. registered company does business in, now they want a cut to. So every state you have customers you buy or sell to, you will need to be registered in that state as well, just like good ole paypal.
North Carolina Requires 500k capital
http://www.dfi.ca.gov/Licensees/money_transmitters/default.html
3,500 app fee lol
http://www.banking.state.tx.us/forms/forms.htm#msb
I know one of the companies listed above is a a Delaware company
http://banking.delaware.gov/services/applicense/tmvintro.shtml
http://delcode.delaware.gov/title5/c023/index.shtml
Its a little cloudy I just skimmed it quick

But it seems if you live in the USA and want to trade coin you are going to need more then 100k to do it.
242  Economy / Currency exchange / [Important] If you Buy or Sell bitcoins in the U.S. on: March 18, 2013, 11:55:25 PM
http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html

It was posted in the legal section but I find it important for all to read it.

Stolen from this post
https://bitcointalk.org/index.php?topic=154672.msg1639552;boardseen#new
243  Bitcoin / Bitcoin Discussion / Re: FinCEN addresses Bitcoin on: March 18, 2013, 11:53:17 PM
If I read that right about 5 or so business I can think of, are in violation of U.S laws.
If I am reading this correct anyone who sells bitcoins is now required to register? WOW
Glade I am covered  Wink
244  Alternate cryptocurrencies / Altcoin Discussion / Re: $1000+ bounty for litecoin 51% attack on: March 18, 2013, 02:11:44 PM
First I did not read the whole post so don't hate me if I say something that has already been covered.

What has litecoin done to you?
Why not put your resources into something useful?  Huh
Who cares what the market cap is? People sell dirt and rocks it's the world we live in.


First, GO READ THE WHOLE POST. The join the conversation.

 NO NEED TO SHOUT, your douchebaggery is not needed, um-kay ok thanks now bye bye
245  Other / Beginners & Help / Re: Lending to Newbies! on: March 18, 2013, 02:05:12 PM
Bitcoin-keys.com required users to send a scan of a I.D. and the CC they used with all but the last 4 digits blocked out.
The problem is anyone can get I.D.'s or scans of I.D's. So that does not really matter if they send you that or not, What I found to be the best practice is to mail them a letter with a code, require them to mail a letter back with a copy of the I.D. coming from the post marked address. If the I.D. and return address must match if they do not require a bill, with the users name and address on it.
I doubt anyone will give you collateral if they default or can not pay it sucks but still.


And the Biggest thing is trust your gut, scammers will tend to go along with any terms you have.
246  Alternate cryptocurrencies / Altcoin Discussion / Re: $1000+ bounty for litecoin 51% attack on: March 18, 2013, 01:55:20 PM
First I did not read the whole post so don't hate me if I say something that has already been covered.

What has litecoin done to you?
Why not put your resources into something useful?  Huh
Who cares what the market cap is? People sell dirt and rocks it's the world we live in.
247  Bitcoin / Development & Technical Discussion / Re: Bitcoin Credit Cards: How to create a POS device? on: March 16, 2013, 09:50:07 PM
Thats why our system give the merchant the option at the time of taking LTC, USD or BTC.
248  Other / Beginners & Help / Bitcoin-Financial.com Quick teaser Video on: March 16, 2013, 12:16:13 AM
 http://youtu.be/2mVl1r1X8cY

Just a walk through of our system as of right now. Should have instant moneygram deposits working by mid next week.

Here is one if you are a merchant

http://www.youtube.com/watch?v=QyK9kdEgxCA&list=HL1363393036&feature=mh_lolz
249  Economy / Currency exchange / Re: [Coins for Sale]Bitcoin-Financial.com Need coins fast? Check here! on: March 15, 2013, 10:55:30 PM
Big News in a few days!
250  Other / Beginners & Help / Re: Automatically trade Bitcoins with Bitcoin-bot.com on: March 15, 2013, 10:35:37 PM
I recant it showing Non-secure parts.
251  Other / Beginners & Help / Re: Automatically trade Bitcoins with Bitcoin-bot.com on: March 15, 2013, 10:23:00 PM
SSL broken
252  Bitcoin / Development & Technical Discussion / Re: Bitcoin Credit Cards: How to create a POS device? on: March 15, 2013, 10:01:17 PM
Did you watch the video I posted? You described everything that it doeslol
253  Bitcoin / Development & Technical Discussion / Re: Bitcoin Credit Cards: How to create a POS device? on: March 15, 2013, 09:44:11 PM
Whats wrong with a plastic card?
254  Other / Beginners & Help / Re: Here's the next 100 million dollar Bitcoin business idea! on: March 15, 2013, 08:43:50 PM
I only say that cause
bitcoinfinancial.com is being squated on it has been since 2010. It was private and I could not find out who owned it but now that I checked seems the updated the info
Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: BITCOINFINANCIAL.COM
Created on: 28-Dec-10
Expires on: 28-Dec-13
Last Updated on: 08-Jan-13

Registrant:
Stephen Gornick

255  Bitcoin / Development & Technical Discussion / Re: Bitcoin Credit Cards: How to create a POS device? on: March 15, 2013, 08:36:49 PM
I got a system that works with Card readers and so forth, the problem is most card readers are 2 or 3 track, Visa,MC and AMX.
Getting a merchant to buy/rent give them another card reader is hard. One of our projects is geting a card writer and programming some cards, our software allows us to issue and accept "cards" The card can be used for whatever currency you have in your account we currently will be supporting USD, BTC and LTC.
http://www.youtube.com/watch?v=QyK9kdEgxCA&feature=youtu.be

We are low on capital and it is kinda holding up projects like this but that video is quick vid sorry for the incomplete and lack of editing.
256  Other / Beginners & Help / Re: Here's the next 100 million dollar Bitcoin business idea! on: March 15, 2013, 07:28:52 PM
So much hatred for entrepreneurship and capitalism. Interesting.

not at all, he is hurting the community by killing peoples future business ideas. If joe blow wanted to open XYZ and had a great website name picked out was pretty sure no other business had the name, then goes to register to find out some jerk is ransoming it off. He now has to come out of poket 100X more then he would if he went to godaddy or something and paid the 3.99 or whatever. Now the NEW business man has lost capital cause some turd burgler wanted to squat domain names. We have a few business that could afford hits like that here but most of the small businesses do not have a extra 100 dollars for a domain name.

257  Other / Beginners & Help / Re: Here's the next 100 million dollar Bitcoin business idea! on: March 15, 2013, 06:16:35 PM
yea i'm not seeing it lol
258  Economy / Services / Re: Professional and unique LOGO design [FOR HIRE] on: March 15, 2013, 02:43:14 AM
Your price per piece/hour/pixel how ever you charge
And delivery time?
259  Economy / Services / Re: Professional and unique LOGO design [FOR HIRE] on: March 15, 2013, 02:26:32 AM
Prices time frames things of that nature?
260  Bitcoin / Hardware / Re: BFL says ALL SALES FINAL on: March 15, 2013, 01:33:18 AM
Wait I just read it lol.

It says they will be issuing refunds after Jan 1st. So what changed?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 83 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!