Bump

I understand you just fine, so I'll say yes.

Local subforums are essentially for people who don't speak english, which is what the majority of the forum user's speak. There wouldn't be any point in having Russian speaking users posting in an English speaking newbie section.

Hmmm, I was supposed to purchase an Avalon from pokerme using local pickup. I wonder how they were planning on scamming me?

So its in Armenia?

Getting USD into BTC-E is impossible, so there is a shortage of USD there, so price is lower. You can get money into Gox, but not out, so more USD than there is BTC (Not really, but more USD than at BTC-E)

Yeah sorry to be a downer on that, but no harm in looking into it yourself. I would say your actual best bet, would be finding someone who lived in Puerto Rico. I would imagine they would be far less strict on enforcing victimless "financial crimes" and the shipping cost is the same anywhere in the U.S. It costs the same for someone to ship a package from boardering states, as it does to ship from Washington to Puerto Rico.

Gotta be careful here Vod, to me it sounds like you are essentially opening a Bitcoin Pawn shop, or large scale collateral loan brokerage. Both of those things are incredibly regulated in the U.S. For loans, depending on state you can't hold collateral, and you are limited to the amount of % interest you can charge. In Maryland, you aren't even allowed to do legal lending tree things, where its a bank that is funded by individuals that gives loans to individuals for profit. In a pawn shop senario, you would have to have all sorts of wierd licensing, and you aren't allowed to accept items shipped to you, have to report items to the local police departments to make sure things aren't stolen, and wait 60-90 days before being allowed to move the items.

Of course all depending on state. I've looked into things for my state, so the information might be different depending on where you are. A buddy and I had a similar idea a while back, but it wasn't feasible, due to the chances of us being arrested for BS charges.

(Pm me if you don't want this post here or if I'm not assuming right and its off topic, and I'll delete it)

Some people that purchased lately made out big! If you are concerned with the Bitcoin market, why not hedge?

No saying really, I've accidentally sent transactions with no fees that were confirmed in 20 minutes, and I've had some that took 3+ days. I've also heard of it taking near a week, however not in my limited experience.

You still have to pay a transaction fee. Its in the settings.

No idea, the only way it would be possibly feasible, is to have people pay extra BTC, and then get the remainder back, which I doubt anyone would want to do. Your best bet is probably just to lock in a certain amount of BTC at time of sale. You have the same chances of BTC value going up as you do it going down (more or less)

I'd be willing to escrow for you, I've done a few escrows and everyone has been happy.

The tricky thing will be where you say, "value determined at time of delivery, not holding on BTC during shipping time volatility" How would that be escrowed?

Now 1.7 BTC, can you afford to pass this up? Probably, but its still a great deal.

Oddly, I figured a lot more people would be against it. 50% don't care. Even if it was 100% against, still wouldn't change the fact that its an unenforcable rule. Bitcoin users in general tend to have the ability to use Tor or Proxies, or find other little loopholes. Clock enthusiast forums may be able to eliminate account sales, and multi accounts, and such, but BTCTalk users are technical enough to know that its just an inconvience to be IP banned or have individual accounts banned.

Bitpay sells the BTC they receive, and gives the merchant the exact amount of cash owed for the Bitcoins at the exact time of sale. Then Bitpay sells those BTC, and repeats. While I do think you got the blunt end of the stick, the second you sent your Bitcoins to Bitpay as the intermediate for Amagi, the deal was settled in USD, not BTC. They essentially buy your Bitcoins, and convert it to cash for merchants at the current exchange rates. It works the same for everyone, so don't take it personally. If Amagi took Bitcoins directly, you would be entitled to a refund in BTC. But all they get is the current USD rate which is all they can refund you.

My sides after the senator asked if Al Gore was Satoshi 

New Product Added!

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I've got two Gigabyte 7970s if you are interested.

Yep, I'm sure this will be in Alt Currencies shortly.

Litecoin is one of the more popular alt coins, because it has stood for years now, had a similar introduction as Bitcoin, but the Dev (Coblee) was public, and worked closely with the Bitcoin community to create Litecoin. What Litecoin actually does for the community, is first, allows a arbitrage pair that doesn't rely on fiat. If you want to trade back and forth between BTC and LTC, you don't have to ever touch USD which is subject to tons of regulations. Also, because it is ASIC unfriendly, it doesn't compete for BTC resources, not effecting the Bitcoin.

Technically speaking, if the same amount of users and services were available, LTC would be roughly 1/4th the value of BTC. But it has historically been more like 1/20th-1/40th. With the price of BTC on the rise, the price of LTC is also on the rise. Hopefully, what will happen now, is people will see LTC as a more legitimate currency, shops and services will integrate both BTC and LTC payment processing, and we will see LTC approach that 1:4 ratio somewhat.

Things to consider: Bubbles, if BTC is in a bubble, so is LTC
Exchanges: Something interesting to note, is that BTCChina is owned by Coblee's brother, so Litecoin hitting the chinese market is a fairly reasonable assumption, especially as value goes up and it catches people's eyes.