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2641  Other / Beginners & Help / Re: Sell btc for WU/MG/ Bank wire to India on: December 20, 2012, 10:35:19 AM
Hello board,
i m looking for reliable exchangers who can sell my btc for WU/MG or bank wire transfers to India...can any experienced members suggest a few exchangers.


ECurrencyZone will accept bitcoin for funding a bank transfer (INR):
 - http://en.bitcoin.it/wiki/ECurrencyZone  <-- Fairly new, but they've supported bitcoin method for a while now and I know of no complaints.

As far as paying for a Western Union transfer with Bitcoin, see:   Bitcoins in Berlin, WM-Center or ECurrencyZone:
 - http://en.bitcoin.it/wiki/Selling_bitcoins

There are individual traders who can send a bank transfer:
 - http://bitcointalk.org/index.php?board=89.0
2642  Other / Beginners & Help / Re: PGP Encryption for newbies on: December 20, 2012, 10:25:23 AM
With that i guess i would appreciate someone with more information on it

“GPG” stands for “Gnu Privacy Guard" and is has the functionality of PGP less some proprietary stuff GPG users don't really need.

GPG is used with Bitcoin affiliated services because it is open source, can be used anonymously, and works well for protecting from unauthorized access.

Bitcoin.org software releases include GPG keys of those who built it to ensure the software is authentic and not tampered with.

The #bitcoin-otc IRC channel uses a GPG-based authentication method (gribble) and reputation/trust history system -- its Web of Trust (Wot).  You might see this trust history in third party services also, such as with trader profiles on LocalBitcoins.

All orders through MPEx exchange are transmitted as GPG signed messages.

You might see GPG-signed messages in the forums, especially for offers and acceptances, as these are legal agreements and a digital signature can be just as good as a wet ink one.

The benefits don't come without a cost however.   And the main cost is convenience.  If you receive an encrypted e-mail and you accessing your e-mail from a mobile phone in which you did not install GPG (or transfer over your private key) then you will not be able to read that e-mail until you are back on a device with GPG and your private key.

So step 1 to using GPG is to install the software and generate a key (assuming you don't already have one).  Which software you use will depend on your operating system:
 - http://wiki.bitcoin-otc.com/wiki/GPG_authentication#Third-party_guides

Before you actually start using GPG for anything, make sure you have backed up your GPG private key and your revocation certificate (and store that backup in a secure place):
 - http://www.gnupg.org/gph/en/manual.html#AEN513

Then, instruction from there will depend on what you want to do next.  For the -otc Web of Trust (WoT), you'll need to register your key with the gribble bot:
 - http://wiki.bitcoin-otc.com/wiki/GPG_authentication#Encryption-based_authentication_via_GPG_key_with_the_bot

If you want to encrypt e-mail, the instructions will depend on which e-mail program or service you use.   You can always manually encypt using the command line tools, and then paste the encrypted message in your message (e.g. using ASCII armored mode) or attach it as a file.
2643  Other / Beginners & Help / Re: New to Bitcoin, help with wallet program? on: December 20, 2012, 08:44:13 AM
I've heard people complain that it took them more than 7 days,

Heh.  I'm pretty sure that is far, far outside the norm.    Recently on a really, slow old computer (Atom processor if I remember correctly) I hit about 30 hours.

If your operating system bogs down with a screen saver, or stops the hard drive on inactivity, or goes to sleep then any of that will, of course, cause a significant delay in syncing.  Other delays can occur in using older versions (pre-v0.7) of the client.


I've heard people claim that they were done in less than 2 days.

This specific problem reported is probably past benefiting from this, but now the client can take a bootstrap.dat that is downloaded as a torrent.  Simply put that in the bitcoin folder, launch bitcoin and wait.  Other performance tweaks involve using -connect=[a well connected node]   so that the client isn't doing its random peer selection while you are trying to get the blockchain.   SSD hard drives are good as speeding things up too.  Really good.
2644  Economy / Service Discussion / Re: WARNING - Blockchain.info is NOT SAFE on: December 20, 2012, 07:47:40 AM
I just wanted to mention that a skilled blockchain.info admin can perfectly steal your funds. He just needs to change the javascript sent to your browser in order to get your password.

That is true.  If you are running the Javascript verifier, it will alert you to this happening though:
 - https://blockchain.info/wallet/verifier

But few people run that -- a password-stealing change like you describe would probably go undetected if it were attempted (against a single targeted individual).

This is a good thought exercise here though.

What if this were a hosted Bitcoin EWallet, lets say, and something like this happened?  The hosted EWallet provider could simply adjust your balance to recover the 5 bitcoins that were accidentally sent to you.  They would have the technical ability to confiscate funds.  Now I don't know if this has ever happened but technically it is possible.

And if this were a bank where something like this happened (e.g., someone else's deposit went into your account) I guarantee you they'ld reverse the transaction immediately instead of just politely and firmly asking for a voluntary return of the funds.  A bank might even send its ex-military security officer to ensure the safe return of the funds after they've screwed up:
 - http://www.ft.com/intl/cms/s/2/93a47a62-daf0-11e1-8074-00144feab49a.html

That this incident occurred in the first palce reminds me of Stanislav's admonition:

Quote
The real laugh is that there is no solid reason to believe that the world’s national banks have seen it fit to sweat so much as one drop to vanquish Bitcoin through discreditation.  Bitcoin users themselves have been doing a thorough job of this.
- http://www.loper-os.org/?p=939


2645  Economy / Marketplace / Re: Need $400 in LR, will trade for BTC on: December 20, 2012, 07:05:57 AM
Please contact me if you can sell me $400 LR for bitcoin. thanks

BTC-e supports Liberty Reserve withdrawal.  Have you tried them? 
2646  Other / Beginners & Help / Re: New to Bitcoin, help with wallet program? on: December 20, 2012, 06:53:23 AM
It says that I am 89.9% done with 21,305 blocks remaining but how long should this take?

This will vary based on your hardware and other factors (e.g., if using an encrypted filesystem).   

If you can't wait for it to sync, you have options.  You can import the private key for the address that the funds were sent to using another type of client or perhaps an EWallet service so that there is no start-up time.

For instance, the Blockchain.info/wallet hybrid E-Wallet has a method to import a private key.    So while your Bitcoin-Qt client is downloading you can go to the debug window and enter the commands to export a private key for the one address.  Then import it into Blockchain.info/wallet.  And you can spend the funds right away.

The next version of the Bitcoin.org client (v0.Cool has been completely redesigned as far as how the data is stored and accessed, and the initial installation and sync can be as quick as an hour or so (with beefy hardware).   For some people, even that is too lengthy so alternate options include using an Simplified Payments Verification (SPV) client (e.g,., MultiBit or Bitcoin Wallet for Android), or a lite client like Electrum or Bitcoin Spinner, hosted (shared) EWallets, or a hybrid E-Wallet like Blockchain.info/wallet:
 - http://Blockchain.info/wallet

But if you can wait, you are already fairly close to where you only need to leave the client run a bit longer so it can finish up syncing.
2647  Economy / Service Discussion / Re: BitInstant to CampBX? on: December 20, 2012, 06:34:33 AM
no, I don't see any option where BitInstant can send TO dwolla

Also, Dwolla USDs are Dwolla USDs.  So if you send the funds through BitInstant and they end up at Mt. Gox, couldn't you withdraw the USDs from Mt. Gox via Dwolla and then transfer from there to Camp BX?

If I remember correctly, Mt. Gox prefers that the USDs deposited turn at least once (e.g., used to buy bitcoins) but I don't think there is a technical mechanism that would prevent you from immediately withdawing any Dwolla funds that you've deposited.   Though ... Mt. Gox already often has a backlog for withdrawals using Dwolla, so if you need this for arbitrage it probably wouldn't work.   Maybe doing a trade, your MTGUSDs for someone else's Dwolla USDs, from there will work for you.
2648  Economy / Goods / Re: buy your all NFC tag here on: December 20, 2012, 06:25:40 AM
the french site www.nfc-smartags.com where you can buy all of your NFC tags, and more payment I accept bitcoin! !

I added an item to my cart (nice animation on that! :-)  ) and got to the part it asked for me to register or login.  I didn't see any reference to bitcoin though ... does that come after I login or is it only manually processed at this point?


I invite you to come discover my site to help you realize the possibilities offered by the NFC

I described a potential Bitcoin variation of an existing NFC application in another thread:

The problem that PayBand solves is that you can show up to the event without carrying cash and to get access to the "fast service" lanes at the concessions.

The problem with PayBand is that you must have an account with BarclayCard to use it.  Using bitcoin to load funds means this can be offered by a party that isn't a bank.

I can see it being used at events or tourist destinations even, particularly with ones where you are active and carrying a physical wallet / purse are not convenient.
2649  Economy / Service Discussion / Re: Buying BTC need help bitinstant or others on: December 20, 2012, 06:04:51 AM
well am looking for UK as one place my order is still be looked at

There are a couple way to use Moneygram from the UK ... through WM-Center, ECurrencyZone and perhaps others.
 - https://en.bitcoin.it/wiki/Buying_bitcoins

But there are better methods.

In the UK you have the ability to pay cash with UKash, which is accepted at VirWox, Mercabit.eu, and Bitcoin Nordic:
 - http://www.VirWoX.com
 - http://www.Mercabit.eu
 - http://www.BitcoinNordic.com

But if you have a bank account, you can do a bank transfer a couple different ways through Blockchain.info, either as a "Faster Payments" bank transfer or through Barclay's Pingit transfer service:
 - https://blockchain.info/wallet/deposit-bank-transfer
 - https://blockchain.info/wallet/deposit-pingit

If you still are looking for other options, there is the ability to trade person-to-person.  You likely can find a counterparty for a trade through LocalBitcoins:
 - http://www.LocalBitcoins.com

Additionally, a person who does a lot of trading in London is Tenakha:
 - http://bitcointalk.org/index.php?topic=108712.0

If that still isn't what you are looking for, you can send cash (GBP) in the mail to the offcices of Bitcoin Nordic in Denmark:
 - http://www.BitcoinNordic.com
2650  Other / Beginners & Help / Re: What do you buy with your bitcoins? on: December 20, 2012, 05:05:07 AM
I couldn't find a similar thread, but if I missed it, please refer me and close this one.

Nah, don't worry.  New threads like this pop up all the time as the old ones get stale.  Here are some older threads on it:


Re: What Have You Bought With Bitcoin?
 - https://bitcointalk.org/index.php?topic=126972.0

What did you buy on bitcoin Friday?
 - http://bitcointalk.org/index.php?topic=123617.0

What you buy most often with your bitcoins?
 - http://bitcointalk.org/index.php?topic=90251.0

Why do you use Bitcoins?
 - http://bitcointalk.org/index.php?topic=86013.0

What do you spend your BTC on?
 - http://bitcointalk.org/index.php?topic=80069.0

what do you use your btc for mostly?
 - http://bitcointalk.org/index.php?topic=94227.0

What do you use Bitcoins for?
 - http://bitcointalk.org/index.php?topic=79127.0

What are you using bitcoins for?
 - http://bitcointalk.org/index.php?topic=78755.0

What do you want your BitCoins to buy?
 - http://bitcointalk.org/index.php?topic=75621.0

What do you actually use bitcoin for?
 - http://bitcointalk.org/index.php?topic=37720.0

What have you purchased with Bitcoin?
 - http://bitcointalk.org/index.php?topic=21391.0

Why do you buy Bitcoins?
 - http://bitcointalk.org/?topic=6990.0

More detail on the topic:

How to track real-world bitcoin adaption?
 - http://bitcointalk.org/index.php?topic=76633.msg850690#msg850690
2651  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: December 20, 2012, 04:11:24 AM
There needs to be a term for a person who has the audacity to invest as a "non-accredited" investor.

Self-accredited?

Wildcat?

Desparado?

Incidentally, instead of being able to eagerly anticipate the SEC's release of the results of their rulemaking at the beginning of 2013 it appears the exit of SEC Chairman Shapiro will delay by "months - if not a year - until equity crowdfunding can be fully addressed".

 - http://www.bizjournals.com/sanjose/news/2012/12/13/crowdfunding-expected-to-stall-during.html
 - http://online.wsj.com/article/SB10001424127887324339204578173731988591450.html
2652  Economy / Service Discussion / Re: MemoryDealers.com founder Roger Ver abuses admin access at Blockchain.info on: December 20, 2012, 03:45:00 AM
private information (phone number) has been disclosed from the blockchain.info database.

Source?

[Edit: What you are probably assuming is that the person's info (phone number) posted in another thread came from blockchain.info.  It did not.  Blockchain.info doesn't hold that information regardless.   Oops, forgot, if you have SMS notification then they do have that information.]
2653  Economy / Scam Accusations / Re: Unsure: Liberty Payout ($1000) on: December 20, 2012, 03:11:22 AM
Two days later he starts getting all these bad ratings. He'll probably come back under a new name.

#bitcoin-otc Nick History

You can see his history of names there. Looks like he's too stupid to change his IP address between nick changes, leaving a lot of potentially useful history.

Oh wow.  That's one of those impersonation attempts.  (using a slight variation of a nick of a user with a good trust history).

Quote
2012-12-16 23:03:37 CST    1355720617    JOIN     Azelphur_ [otc]   #bitcoin‑otc

2654  Economy / Scam Accusations / Re: Unsure: Liberty Payout ($1000) on: December 20, 2012, 02:13:42 AM
getting evidence etc.

I see a transaction in the #bitcoin-otc Web of Trust (WoT) using Xoom.

Quote
LRP   2012-11-23 18:34:59   1   Bought BTC from me via Xoom.

 - http://bitcoin-otc.com/viewratingdetail.php?nick=LRP

That will help provide identity (or lead to more info if further details are needed).

2655  Other / Beginners & Help / Re: Any Bitcoin Users from Singapore? on: December 20, 2012, 12:30:49 AM
Ive been working on an exchange for BTC/SGD and would appreciate if any members would be interested to assist me in beta-testing the exchange.

Here are some candidates who might be willing to test it out:
 - https://localbitcoins.com/country/SG
2656  Economy / Trading Discussion / Re: Neteller - usable for BTC trading? on: December 20, 2012, 12:25:10 AM
can anyone recommend or argue against using neteller to buy and sell BTC?

To buy?

Only one place that does that as far as I know:
 - http://en.bitcoin.it/wiki/VirWoX
 - http://www.VirWoX.com

chargebacks?

At a minimum, in cases of fraud, yes it is reversible.  But VirWoX applies its own risk management plus sufficient fees to be able to still offer that method.

To lessen your risk you can incorporate additional identification and reputation type services.  Trading with someone who has a good trust history on the #bitcoin-otc marketplace (presuming they've authenticated to it during the trade) is one way to lessen your risk should you consider selling bitcoins and accepting payment via NETeller.

 - http://www.Bitcoin-OTC.com
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://www.bitcoin-otc.com/viewratings.php
2657  Economy / Service Discussion / Re: BitInstant to CampBX? on: December 19, 2012, 11:29:24 PM
no, I don't see any option where BitInstant can send TO dwolla

Thanks for pointing that out.  I thought they had, just like they do for PayPal.  I wonder why not, ... it would seem easy enough for them to add that method.
2658  Bitcoin / Press / Re: 2012-12-19 siliconangle.com - Reports of Bitcoin’s Criminal Potential Have Been on: December 19, 2012, 10:35:33 PM
Remember when Kyt Dotson's articles on Bitcoin also seemed to focus only on the sensationalist aspects of Bitcoin?

Good to see this rational discussion though.
2659  Bitcoin / Bitcoin Technical Support / Re: zero transaction fee payments on: December 19, 2012, 09:51:14 PM
Since inclusion of this tx in the block requires the 0-confirm tx to also be included it would be a protocol compatible way to "pay a fee after the fact".  However it requires the bitcoind or other software used by miners to be "smart" enough to notice that tx X has no fee but the output of tx X is the input for tx Y which does have a fee and thus there is value in including both in the memory pool for the next block.

Available developed, but does not yet exist in a released version:
 - https://github.com/bitcoin/bitcoin/pull/1647
2660  Economy / Goods / Re: Retin-A (Isotretinoin): Get rid of Acne! on: December 19, 2012, 08:49:18 PM
No, as rules concerning prescription medicines vary country to country. Only illegal drugs are banned here.

So Retin-A, which requires a prescription in the U.S., is OK to sell here.   Heroin Xanax requires a prescription in the U.S.   Can that be sold here as well?

[Edit: Heroin was a bad example, as a Schedule I drug it is not available for purchase wtih a prescription.  http://en.wikipedia.org/wiki/Controlled_Substances_Act#Schedule_I_drugs ]

I'm just trying to understand what the difference between the two is.
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