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2861  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple: The Best Way To Legitimize Bitcoin on: December 11, 2013, 03:57:59 PM
Ripple is dead and has never lived. Just look at what TF could do with it. It's unreliable and not trustworthy.

Jeeze, dude...Ripple just went Open Source a little over a month ago....and has since gotten millions in venture capital backing from Google Venture, Andreessen Horowitz, et al. Ripple is adding hundreds of new accounts a day, have more than doubled the number of gateways, and volume has been steadily rising in every currency.

Perhaps you prefer being slave to bank fees and slow transaction times....I don't.
I prefer security and if slow transactions (10 minutes ain't slow) and fee's (which is only 13 euro cents at the current market price) are required for that, I will take it with both hands. TradeFortress scammed a shitload of people with fake Ripple shit. Have fun with your insecure network.

What did tf do exactly with ripple? Also ya ripple is a mixture of paypal and bitcoin. If this were math, this would be the equation: 0 (paypal) * 10 (bitcoin) = 0 (ripple)! Cheesy
I don't know the whole story, nor did I care, so I might be wrong. But as far as I know he had to pay people BTC and convicend them to accept Ripple's IUO (or whatever it's called). Those IUO's were worthless, so a shitload of people lost a shitload of money.
It was either that or that he tricked the system to gave him 100000+ BTC. Can't remember correctly.

And he can't pay 4100 btc to people who lost on inputs?
2862  Other / Beginners & Help / Re: Buying bitcoin is a pain. on: December 11, 2013, 05:26:32 AM
I believe buying for cash is the simplest and head-ache free method.

But thats just my $0.02.

Ya, if you live near each other. I am luck I know a guys two cities over so its fine for me but some people will have to travel pretty far to buy with cash.
2863  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 02:48:02 AM
Although they have another law for that, if you don't hand over you password when requested by a court, you get more jail time. God help those who are genuinely forgetful! Wink

Whats the difference between 10 years if you give password and say 15 years if you dont ? You will be out in 2/3 of jailtime anyway if your not problematic, so why give your Bitcoins to gov !

Ya especially if you own millions. I would just pass it on to a lawyer since they cant record whats going on between the person and a lawyer.
2864  Economy / Games and rounds / Re: Free Lottery & Giveaway 0.005 Bitcoins on: December 11, 2013, 02:03:05 AM
Tip: Make a address and put a few mBTC for each of your friends, that's the best way to explain what bitcoin is all about, because most people even if they are interested will never do the first step of putting 1 dollar into it.

14NtjAykR7SyuCpmCgQBsF1GiAj61dvNeb

Good tip. A while ago I just sent 0.0025 to all my family members and some of them are now interested!
2865  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple: The Best Way To Legitimize Bitcoin on: December 11, 2013, 01:44:53 AM
Ripple is dead and has never lived. Just look at what TF could do with it. It's unreliable and not trustworthy.

Jeeze, dude...Ripple just went Open Source a little over a month ago....and has since gotten millions in venture capital backing from Google Venture, Andreessen Horowitz, et al. Ripple is adding hundreds of new accounts a day, have more than doubled the number of gateways, and volume has been steadily rising in every currency.

Perhaps you prefer being slave to bank fees and slow transaction times....I don't.
I prefer security and if slow transactions (10 minutes ain't slow) and fee's (which is only 13 euro cents at the current market price) are required for that, I will take it with both hands. TradeFortress scammed a shitload of people with fake Ripple shit. Have fun with your insecure network.

What did tf do exactly with ripple? Also ya ripple is a mixture of paypal and bitcoin. If this were math, this would be the equation: 0 (paypal) * 10 (bitcoin) = 0 (ripple)! Cheesy

I'm sorry, I've read your post several times and it simply doesn't make any sense to me. Why are you multiplying 0 times 10 exactly? What does the 0 represent? Why are you multiplying...in lieu of squaring, subtracting, dividing, etc.? Are you talking about XRP or the Ripple system? Again....perhaps I'm a bit daft, but I'm not getting the meaning of your post at all.



0 is what its ranked. IMO paypal sucks. 10 = bitcoin = AWESOME. I multiplied so I can get 0 which is what I think that ripple is. Its a mix between paypal and BTC and thats just not right.
2866  Other / Beginners & Help / Re: Just another noob wishing he jumped in the pool earlier on: December 11, 2013, 01:42:37 AM
I have decided DogeCoin is the future.

What do you say that for? Whats the reason?
2867  Other / Beginners & Help / Re: hello All on: December 11, 2013, 01:41:36 AM
Willing to manage some Bitcoin Funds for various finalities..!! Smiley

If you want to manage funds for Bitcoin daytrading, make thread where you publish your buy/sell positions immediatelly when you make these + analys. After year, I will see...

    One year is a very long time.. I hope first fund happen before this!!

The thing is that I can just create a new account and claim that I am trustworthy. After spending a year, people will start to see that you are trustworthy!
2868  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 01:40:22 AM
Quote
Bitcoin is not called a currency by the government

In the Texas case S.E.C vs Trendon Shavers (Pirateat40) the government has to prove it was money and that he could use it to buy things.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539730583#.Un-nYiejN3U

Well even if they considered it like gold, it would be enough since gold can be traded.
2869  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 01:35:48 AM
They will just auction them off to the highest bidder.  It will be a very large purchase so start saving now and when the auction happens is a few years you will be ready to jump in with a bid!

Why not split the BTC and sell separately, small buyers would be allowed to buy...

Im pretty sure they would also do that.
2870  Economy / Games and rounds / Re: First EVER Coinbase Faucet! High Paying (0.00001)! Instant Payout! on: December 11, 2013, 01:34:53 AM
Any word on when the faucet will get reopened?

Things are going pretty slow. I am getting more and more work every day, but I can hopefully get it online soon.
2871  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 12:52:13 AM
I know.. seriously, FBI made bank busting Silk Road!  Cheesy

The government should use the money to pay for its debts though, it has too much...

Seriously, this would be biggest waste of the Bitcoins to pay very small fraction of debts...

Why? They owe a lot of money and they have a lot of money in bitcoins. If they sell all that they have, they would get millions paid off.
2872  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 12:08:42 AM
what if the persons wallet was encrypted and use did not give them the password?
Can they not only seize if they confiscate the pc/hardware? what if the back up was placed on to the cloud and a transaction was made on another pc?

They already moved them (so they have the keys).  Some are here:

http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

The rest are here:

https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH

So, by moving the coins and consolidating them they have been shown to own them.

This may not be all of them but it is the BTC that the FBI has found so far.



Holy crap the FBI has a lot.

If they sell the btc at market price right now, it will surely pay them back for the expenses of the investigation.

And then some... Probably the expenses for the whole year! Wink

I know.. seriously, FBI made bank busting Silk Road!  Cheesy

The government should use the money to pay for its debts though, it has too much...

Ya but then again, if they sold all of it at the same time, btc would drop like crazy.
2873  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 12:04:29 AM
what if the persons wallet was encrypted and use did not give them the password?
Can they not only seize if they confiscate the pc/hardware? what if the back up was placed on to the cloud and a transaction was made on another pc?

They already moved them (so they have the keys).  Some are here:

http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

The rest are here:

https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH

So, by moving the coins and consolidating them they have been shown to own them.

This may not be all of them but it is the BTC that the FBI has found so far.



Holy crap the FBI has a lot.

If they sell the btc at market price right now, it will surely pay them back for the expenses of the investigation.

And then some... Probably the expenses for the whole year! Wink
2874  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 11, 2013, 12:00:22 AM
You said that the government can regulate bitxoin... What exactly do they do?

I didn't say that. There is no "can" about it.

FinCEN has stated that exchanging virtual currency for real currency is a regulated activity so they already ARE regulating that activity.  As for what does that constitute?  Well that is a little off topic but generally speaking a money service business must:
a) register with FinCen
b) keep records on clients & transactions
c) implement an AML program
d) report suspicious transactions and other transactions over reporting threshold.




AML? And of course pay taxes. Wink
2875  Economy / Service Announcements / Re: [Beta] CatchCoin - Earn Bitcoins without mining (41 pages) on: December 10, 2013, 11:58:16 PM
need help on design the whole page or create your coin design? Smiley



I am trying on my own, but I'll contact you if I'll need help Smiley

Vote people, retro or not?

Any example of how retro would look? And ya, go for it! Smiley


You can expect samples soon Cheesy

I recommend you use the Cosmo theme from bootswatch.

Everybody is using that theme, that's boring and not interesting to users.

Thank you ! I have used the faucets to accumulate a fraction of a Bitcoin. For those with some time and an Internet connection and no money to purchase Bitcoin it is a legitimate way to get started.

I agree, it is the best start with Bitcoin Smiley

They also just came out with a new theme called YETI: http://bootswatch.com/yeti/. Or if you want just custom make it Smiley

They new YETI theme is pretty nice!

I dont really like it that much. Its looks a little glitched up to me...

I don't like it either. I'm trying to get something unique Smiley

On a 1080 p monitor the text seems really scrunched up. To me it looks really weird...


Don't know why is that so Sad

Hey I like your website ! an Index of the list of 40 pages would prove very handy, to skip to the desired Page.

Sure, that is also in my plans Smiley

I think I figured out why it is all weird. If you make a div really small and try to fit Helvetica Neue into it, it scrunches up a little before going to the next line.
2876  Economy / Service Announcements / Re: [Beta] CatchCoin - Earn Bitcoins without mining (41 pages) on: December 10, 2013, 11:56:02 PM
Any luck I the retro design?
2877  Economy / Service Announcements / Re: [Beta] CatchCoin - Earn Bitcoins without mining (41 pages) on: December 10, 2013, 11:55:18 PM
If you know some php I reccomend you connect everything to a database so that you can add and remove sites quickly. Also you should add a star feature where you can star your favorite sites and view them first. Also you should use chromes API and alert the person as soon as x minutes has passed...

Uf, I just know basic of php but SQL is easy (if you ask me). It'll be hard for me to do it :/

It would only take a few lines do code. It would be impossible for me, not because I suck at php, but I don't know how to integrate it into JavaScript. Wink
2878  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 10, 2013, 11:13:21 PM
Now that bitcoin is called a currency by the government, can the sell btc's seized from raids?

Bitcoin is not called a currency by the government Wink

And yes, seized things are regulary auctioned

Really? I was told that btc is consided a currency by the us government.

No FinCEN stated that virtual currencies are regulated as a method of money transmission then never indicated they are considered a currency under US law.  In the Senate hearing it even came up "what is Bitcoin?  A commodity? A currency?  Something else?" and the experts did not provide an answer and FinCEN indicated that decision is outside of FinCEN's "scope".

Part of the issue is most US laws & regulations define currency as the money of the United States or a foreign nation which Bitcoin obviously is not.  Remember these laws were written when nobody considered the possibility of a currency that is neither the money of the United States, nor issued by any foreign government.  

So bitcoins is just bitcoin? There is no classification for it?

Yes although FinCEN has indicated that the exchanging of virtual currency for real currency is money transmission and those entities are regulated as money service businesses.  However this doesn't really classify Bitcoin rather it says "we regulate money service businesses and this is one form of it, just like gift cards, prepaid accounts, check cashing, etc are other forms of money service businesses". FinCEN kinda sidestepped the classification by saying it doesn't matter if it is a currency or not we still regulate it.  In the hearing they pointblank said that the authority to classify Bitcoin as a curency, or commodity, or something else does not lie with them but they will regulate it anyways.   AFAIK no other governmental agency or legislative body in the US has made any kind of definitive classification.  

I am sure it will eventually happen.  Germany has classified Bitcoin as a private money, a financial instrument.  Governments like boxes so they will either put it into a box, or make a new box as the idea of something outside of a box is horrifying to legislators.

You said that the government can regulate bitxoin... What exactly do they do?
2879  Economy / Games and rounds / Re: Free Lottery & Giveaway 0.005 Bitcoins on: December 10, 2013, 10:35:14 PM
Save often, save early and do it properly!  Wink

BTC: 1FUCKedeTa71svzx5YQNNYUjduE2fEjnKW
What you mean by save ? Can explain more ? Collect the coin or what  Shocked

Backup the wallet. Smiley Sorry english isn't my mother tongue.  Grin
My english also not good. Not my mother tongue also  Wink

Keep the majority of btc's with you. Don't leave them in exchanges or in a betting site.
2880  Other / Beginners & Help / Re: Can the U.S. government sell seized bitcoins? on: December 10, 2013, 10:14:52 PM
Now that bitcoin is called a currency by the government, can the sell btc's seized from raids?

Bitcoin is not called a currency by the government Wink

And yes, seized things are regulary auctioned

Really? I was told that btc is consided a currency by the us government.

No FinCEN stated that virtual currencies are regulated as a method of money transmission then never indicated they are considered a currency under US law.  In the Senate hearing it even came up "what is Bitcoin?  A commodity? A currency?  Something else?" and the experts did not provide an answer and FinCEN indicated that decision is outside of FinCEN's "scope".

Part of the issue is most US laws & regulations define currency as the money of the United States or a foreign nation which Bitcoin obviously is not.  Remember these laws were written when nobody considered the possibility of a currency that is neither the money of the United States, nor issued by any foreign government. 

So bitcoins is just bitcoin? There is no classification for it?
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