I've only found one app for iPhone so far, and I'm fairly certain I would need to jailbreak my iPhone to use it
Ya, blame Apple for that. Paymium's FriendlyPay (iOS) app worked with Instawallet and was a great app and then Apple kicked them out of the App store. WalletBit just had their iOS app rejected by Apple. Again in this case, Apple would only give a generic "must not violate laws in all jurisdictions it is offered". No details as to either which laws were being broken or which jurisdictions a problem existed. So, remember that when it is time to replace your phone.
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I didnt realise it was optional to pay a transaction fee, how would I override that if it ever happens again? Well, with the Bitcoin-Qt client there is no override. If it says you must pay a fee it is because it looked at a few critieria and determined that miners will not accept your transaction unless a fee is paid. You options are to pay the fee or not make the transaction at that time. What psy meant with that option 3 is that if you were to wait a day and make that exact same transaction you probably could do so without paying a fee. That's because one of the criteria the Bitcoin-Qt client considers is the age of the coins used in a transaction. If you just received a coin and then try to quickly spend the funds, that is similar to what a disruptive attack on bitcoin might look like, so by requiring a fee for those types of transactions makes it expensive for someone to try to abuse the bitcoin network by churning transactions over and over without paying a fee. Other clients may not have such restrictions. Blockchain.info/wallet, for example, lets you choose "custom" mode where you get to choose the amount of a fee you pay. If you choose 0, it will let you. That doesn't mean your transaction will confirm in a timely manner, it just means that client isn't going to stop you from trying.
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There was a message on Twitter: Site will not be accessible (another maintenance) shortly for a period of up to 5 minutes. - https://twitter.com/icbit_se/status/282577017466150912But that was more than two hours ago without any update since. The service is online but the Orderbook for each instrument is blank.
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Incidentally, if you are looking to sell, there will be a lot of people with Christmas cash who then become anxious to buy bitcoins. So listing an offer on LocalBitcoins might be a good way to sell some coins. - http://LocalBitcoins.com
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Is it possible for me to buy say half a bitcoin or less? I dont want to buy another whole one at this time as I dont need to pay for anything else. I really only want enough to cover my transaction fee
You could also try the Las Vegas approach. You need 0.0005 so you send a 0.01 wager to SatoshiDICE with a 90% chance of winning but only a 10% payout (rough numbers). Nine times out of ten, you'll win. If you don't then you are down 0.0105 BTC -- still a problem but not much worse position than you were in before. If you do want to buy a fraction of a bitcoin with credit card or PayPal, then VirWox is probably your best option. You can buy a small amount of Second Life Lindens (SLLs), then trade those for a BTC: - http://www.VirWoX.com
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I've been getting an error that I cannot sell any BTC because it would exceed my 100 BTC daily limit.
The limit is $100 USD per-day not 100 BTC. [Edit: Oops, I read that wrong. 100 BTC per-day when selling. The $100 USD is the limit when buying.]
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Why it is necessary to launder bitcoins anyway?
Launder is a term with a specific meaning. The term Money Laundering in Wikipedia reads: "the process of concealing the source of money obtained by illicit means". But the desire for transaction privacy may have nothing to do with illicit actions or concealment. It simply means Bitcoin transactions are traceable and I don't want my transactions traceable for whatever reason. Maybe I want to donate to an organization that I might not publicly wish to be associated with. Or maybe I'm spending from my offline (savings) wallet and don't want anyone to be able to figure out how much is in there. Whatever. It's my business and nobody else's. And mixing services help me overcome how bitcoin transactions are traceable.
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It is sad that nobody bothered to answer kooy's question.
Well, the question specified PayPal, so even your response doesn't provide a different answer than the others (which is a polite way of saying no, ... by not answering it directly.) There is one method. Buy Second Life Lindens (SLLs) with PayPal. Then trade those SLLs for BTCs. It may take a day for the BTC withdrawal to process but that is one mehthod. - http://www.VirWoX.com If you have a PayPal debit card, you can try BTCQuick. At certain times (like right now) they have bitcoins in-stock: - http://www.BTCQuick.com
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My thinking is that at the moment, a 50 or 25 virgin block is worth about 50.1 / 25 coins .. in 20 years however, the Numismic value of a virgin block (technically the private key for said block) will be off the charts ...This is simply because of the rarity and the fact that from now till the end of eternity, nevermore will a 50 virgin coin block be minted. The problem is that any buyer would need to trust that the seller wouldn't spend the funds after the sale. Sending the coins to a new address will still have numismatic value but it is not the same as what existed previously. But yes, there have been buyers who have paid a premium: The auction is now closed, the block is sold. The premium paid will remain undisclosed.
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sellbitcoins.to (us) With at least three of your cash-out methods (ACH, SEPA and PayPal), you'll be sending from an account with your identity. You registered with a domain that doesn't disclose the registrant. Your contact is an e-mail on an anoymous mail service, Tormail. You are offering to cash out where the seller sends bitcoins to you yet you only registered this forum account hours before this post. The history of exchanges that run anonymously is that nearly all end up being complete scams. Even if they start out delivering funds, eventually the operator runs off with the coins. [Edit: Will you provide identity to help protect from this occurring?]
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Can you mine bitcoins to an address where you only got the public key?
Eligius and P2Pool do this now.
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Would bitcoins qualify as "consideration" in a real estate contract? Or, would you just price it like they were cash?
Consideration doesn't need to be cash. But just to be safe, I would sell it for $1 "plus any additional consideration".
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Is it ok to send all my coins to MtGox then delete this folder and keep mining?
You may be required to verify your account with them. Do you have a problem with sending your ID and utility statement to them? There is also counterparty risk. You are trusting that their methods are secure and that there won't be an "E-Gold moment" (where the authorities perform a raid and confiscate the equipment and data.). Do I think that will happen? Probably not in the next year or so. Do I store more than I plan to trade with an exchange? Nope. If you still decide to go with storing coins at an E-Wallet provider like Mt. Gox, please make sure to use multi-factor authentication (2FA). Mt. Gox supports Yubikey and Google Authenticator (OTP) 2FA methods. Would you consider an SPV (Simplified Payment Verification) client? MultiBit does not store the full blockchain yet provides much of the same capability as the Bitcoin.org client. (The main thing that is lacking is an encrypted wallet, but that is being worked on). There is also a hybrid E-Wallet provider, Blockchain.info/wallet. - http://www.Blockchain.info/wallet
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Yeah TORWallet hasn't been allowing any withdrawals now for a long while. There's a bunch of people that've been scammed.
Relevant (from another thread): The hosting provider where TORWallet.net is hosted (which is also the domain registrar/reseller) will consider a takedown request, but my takedown request was denied because I personally am not a party (I never used TORWallet, was not scammed).
So, if anyone is willing to contact the hosting provider to assert that fraud is occurring, please PM me and I will provide the e-mail address for the hosting provider.
I've had one person contact me so far but the hosting provider receiving multiple first-hand accounts might not hurt.
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Someone put a 4k contracts ($40 000 worth of contracts) wall at $14.
And then took it down shortly after. I wish that person would put it back!
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Casinos I think are busy enough places that, as long as you aren't looking to shifty, you'd probably be ok.
Inside the casino? I wouldn't recommend that. Why? Well, a casino runs a business that is heavily regulated. As such they are very sensitive to anything that might be occurring on their property. They might see your cash transfer and think it could be related to loan sharking or maybe for some other activity they would rather not be a part of nor privy to being a witness. If you've piqued their curiosity (and nowhere are you monitored more closely than when inside a casino), you then get a nice escort to a private office where you will be asked for the full, complete details about exactly just what is going on. For one, if I am trading with you, I might prefer that you not disclose to a third party (casino management) any information about our trade or what you might know about me. And then you will be asked, in a polite but firm manner, to never again conduct your exchange business on their property. The inside of banks, casinos, and police stations are probably not your best places to conduct a trade. Most other businesses open to the public probably wouldn't care as much. [Edit: Here's a useful post on personal security and other concerns while conducting a face-to-face trade. - http://shadowlife.cc/2012/11/secure-and-professional-bitcoin-otc-exchanges/ ]
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