 seeing as i inspired the bounty i might aswell try following some of the rules |
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bitcoin is much like paypal for payment transfer but the fee's are ALOT smaller and not regulated/controlled by one company. 21 words i think  |
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the quote "We do not log any information except the current account balance. " suggests to me that they have your private keys.
much like blockchain.info
the most secure solution is to download a torrent of the latest block(helps speed things up) and use bitcoinQT. but route the QT client through tor.
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heifer is classed as charity sponsers/advertisers/campaign managers.. not charity ground troops doing the hard work for the needy.
Do you have proof of this? read my last message https://bitcointalk.org/index.php?topic=131801.msg1413874#msg1413874its their partners that are the actual ones doing the hard work. you honestly think heifer pays oxfam to get goats, and then takes the goats away from oxfam to then work with the families that need them.. lol they pay oxfam $50 and oxfam do the work.. end of story |
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heifer keep the $70 difference...
its organisations like oxfam which teach people how to deal with goats. and they do it for $50..
heifer is classed as charity sponsers/advertisers/campaign managers.. not charity ground troops doing the hard work for the needy.
i would not call it an outright scam until there is proof that $0 ends up as a goat. what i would say is definetly a huge chunk of the cheese never reaches the needy. and its a insuffiencent use of peoples goodwill.
coinlab if you are reading this. drop all ties with heifer. and make it an oxfam buy a goat scheme instead.
same rules apply: people mine for bitcoin you cash out the bitcoin and buy a goat directly with the charity that actually buys goats.
we dont want to see our good will of $120 being only used for $50 of actual charity work
get rid of the middle men. no one minds a 5%-10% admin fee's.. but not a 60% fee for just going to the oxfam website and pressing a few buttons
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i think instead of getting people to read though wiki pages and thesis's of MIT grads and other people to work out the mining and client functions it needs to be simplified
maybe a weusecoins mini series should be developed getting more and more detailed as you progress through the video 'episodes'
addressing matters such as what function a miner contributes to the network and what a node client contributes to the network.
many newbies and non tech savvi people have these questions, i have been asked these questions and these are question i too had once i got past the first part of downloading a client.
who confirms transactions? miners or node client wallet?
what does a node client wallet do that a webwallet service (no blockchain download at user end) does not do?
is the only use of a node client wallet to spread the blockchain to the masses to ensure government cant just take down a single source IP of the blockchain/ prevent a DDOS attack on the blockchain to destroy bitcoin?
weusebitcoins is a entry level video. there needs to be a intermediatory video that gets a little more technical without all the hundreds of pages of reading just to answer a few basic questions to aid newcomers adoption of bitcoin and understanding of the principles.
this will help people realise the differences and make a proper decision on whether they want to use the QT wallet or other wallet services as well as get answers to the 'how do you make coins" mining questions
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pubs/bars/coffee houses are more likely spots to meet.. the main point is use localbitcoins for face to face, and bitcoin OTC for non face to face (more chance of fraud transactions) as they atleast have a reputation system to weed out the majority of scammers.
and if a non face to face transaction is requested and refusal to use bitcoin OTC's reputation checker happens.. then don't do the transaction.
its common sense that if they dont want to meet, although they supposedly live in your area to have found you and they dont want to be background checked for trust then your just asking for trouble by continuing the transaction.
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using localbitcoins.. to not do a face-to-face meet??? you might aswell of just used the bitcoin OTC.. i would only use localbitcoins for face to face cash in hand for bitcoins sent via smartphone, spending atleast 10 minutes (one confirm) to have a little chit chat and develop a business relationship, as you never know when you may want to meet up again. ofcourse meet in a public place and if you see someone with a baseball bat, don't believe he just came from a ball game, and run! |
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i vote for donations to continue. but forcing newbies to pay is unfair to them. if a fee does become manditory, then maybe implement a fee at 500 posts or something so that those who have found the website useful and became developed enough in the community because of the forums, pay a donation.
and tighten the troll gates so that scammers get instantly banned if enough proof is given, that'll keep it clean.
making newbies have to pay just to ask questions to become part of the community, will just leave them on the outside. making this forum turn into one of those "bankers boy's clubs" where only those with money to throw away have the privelidge
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lessons to be learned if using a inkjet.. USE FIXATIVE SPRAY!! its a kind of varnish.. google it.
or use colour laser printers
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heifer international do not supply the goats.. their partners do
guess who the partners are.
OXFAM
heifer make profits.. oops that word should not be used when they call themselves non-profit.. so lets use the phrase, huge managerial labour costs.
so get rid of the middleman and put the cash through OXFAM send 2 goats to the needy instead of just 1
Quoted for importance. Source please? ok image from heifer website  the quote "this great investment allows our partners".blah blah so lets check out the partners http://www.heifer.org/inside/our-partnersclick on non-profit and top of the list is bothar ok now look into bothars partners scroll down to the title "walumba Women's Draught Cattle Project" and oxfam is listed as partners http://www.bothar.ie/index.jsp?p=191&n=206i know that bothar is linked with oxfam for the supplys stuff.. but heifer is not a goat SUPPLIER. heifer ask for £120.. but oxfam/bothar only ask for £50/£55.. so i would prefer to give oxfam the £120 so they can buy atleast 2 goats and 40% towards a 3rd goat. which adds up the more that is donated. heifer keeps atleast £60-£70 of funds.. i got nothing against a charity that atleast gathers some money for worthy charities as its better then no money.. but for the most effective use of the money. give it to oxfam |
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heifer international do not supply the goats.. their partners do
guess who the partners are.
OXFAM
heifer make profits.. oops that word should not be used when they call themselves non-profit.. so lets use the phrase, huge managerial labour costs.
so get rid of the middleman and put the cash through OXFAM send 2 goats to the needy instead of just 1
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the fake hang up trick is a well known scam these days
the other scam is saying that they are the telephone company and a bill needs to be paid that day. if the person does not believe them they say they will prove they are the phone company by temporarily cutting off the phone line when they hang up.
when in actual fact they just mute the call so that the victim does not hear a dial tone. and cant dial out.
5 minutes later the scammer calls them again and informs them if they do not pay immediately then the next cut off will be permanent incurring further costs and a 30 day delay in reinstating the service.
never give any details to people that call you. in the UK this is called cold-calling. don't be convinced by a single phonecall that you were not expecting to receive, demanding personal banking details.
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i already use paper wallets. just dont use inkjet as they fade after a few years. use laser printers and then seal the design using a fixative, which is a kind of varnish.
my design is like a bitcoin bearer bond. you could also get the private key etched into a piece of jewellery or a piece of metal. to ensure lastability beyond the risks of paper. store it safe!! go lo-tech (not on a computer or digital format.)
just dont rely on digital data storage. or online services that decode brain wallets. as they may not be available to download in 20 years and the offline storage of the decoder you kept in such an event may have become corrupted.
and remember to put details of the inheritance/childs trust fund in your Will if you want to keep it as a surprise. or they may never find out about it.
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API command that is useful for merchants.
lets say they sell a product or multiple products that total 200Euro..
they can send a API to you: (crap example)
?cmd=merchant&convert=EurotoBTC&amount=200
and your service looks up the current BTC sell price AND ALSO more importantly it adds on all of your fees that the system would charge to get FIAT to their bank account/ prepaid debit card and return a BTC amount that represents how much it would cost in BTC to ensure the merchant receives the full 200 euros, thus to him accepting BTC is free. just like cash is to them.
so his website or retail EPOS system will near instantly display the BTC price that includes everything and uses another API to confirm the coins were sent to their registered bitcoin address to make the transaction complete.
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mtgox is great for the americans.. but not the europeans. so try a different exchange thats more european friendly I sold btc at $11 to buy them at $13 because the main btc exchange is at fault??
you thought about this,really?
so you sold 300BTC at $11.. so that gives you $3300 buy them at the $13 price giving you around 250BTC. transfer them to another exchange such as bitcoincentral or btc-e and sell the 250 at the $13 and guess what... you still have the $3300 you were happy to have several months ago... but in a different exchange that may accept your identity.. if you sold out several months ago you would have only had $3300 and you were happy with this amount. so you have not lost out anything but time. it would be worse if mtgox only returned 2cents to you or said you cannot have any money at all. dont blame bitcoin for this.. blame the companies and the government laws that restrict your use of FIAT i would also recommend looking into the daily withdrawal limits stuff too.. as withdrawing too much in one go will flag extra identification being required by banks etc. so withdraw 500 a day or whatever the limits are to ensure theres no red flags for high value money movements |
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1) It lets you send money overseas cheaper than using a bank wire (FIAT > BTC > BTC > FIAT has way better fees and exchange rates than bank wire, Western Union, etc).
not quite. to transfer from cash to BTC is predominantly done using bank transfers or moneygram/ukash and other methods which have fees. unless your cash > btc > cash is done using localbitcoins with someone face to face. which is usually costing you fuel to meet them and their inflated prices to be in their benefit to sell/buy with you. 6) It lets you send huge sums of money overseas quickly and cheaply. If you were in US and you needed to pay $1,000,000 for a shipment from China, using normal methods of wiring money would take two or more weeks, and will cost more than $25,000 for the transaction. With Bitcoin, it takes a few hours, and costs $12,000 or less.
i agree with the speed of transmission BUT try finding a trust vendor to convert cash to BTC at either end for that amount. also considering point 1's reply i gave. meeting a stranger to swap your briefcase of $1million in cash for BTC.. and then the chinese swapping the BTC for 6 million yuan. plus each side wont hand over their brief cases /BTC for $6k each i wont reply about each of the other points but all in all the possibilities are there.. but its not quite everyday practice.. bitcoin needs to grow a bit more for most of these examples to work fluidly also the http://blockchain.info/tx/ed2efa807c4d33a0ca6d15aab5e608ac624a30039965b508063c8baf9d9e8eccis not someone transmitting funds from one person to another.. thats silkroad mixing its funds to hide it from prying eyes.. hopefully blockchain.info will remove the "pirate booty" tag from the 1dky address now its been confirmed to be silkroad |
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use your private key of where the coins are linked to, on another wallet/client is the easy answer
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check blockchain.info or blockexplorer and see your history, see where your coins went to
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