The escrow sheet can be found at https://docs.google.com/spreadsheet/pub?key=0Ao892S4MOoDZdFFTc0tFbWVxUTZFVzVOMWxzV3pkclE&output=htmlEscrow is free, though I'd appreciate a tip, especially on large transactions. The old escrow thread (not the *really old* one) can be found at: https://bitcointalk.org/index.php?topic=120218Escrow basics: Escrow acts as a way to protect buyers from scammers, and allow sellers to provide buyers with confidence in knowing they have nothing to lose should the seller be unscrupulous. Basically, the buyer sends funds to me, I confirm with the seller, then the seller is expected to send the goods paid for (he should send a tracking number to the buyer, and while he shouldn't send me the tracking number, should confirm with me that he sent it). Once the buyer confirms he's received the goods and they're in satisfactory condition, I send escrow funds to the seller. The buyer has seven days from when he receives the goods to when he needs to either confirm he wants escrow released, or dispute the transaction (otherwise, escrow automatically goes to the seller). Should the buyer not receive goods within 21 days of me confirming the buyer sent payment, the seller will be contacted to provide a tracking number, or at least insistence that he sent the goods. If 28 days have gone by since when I confirmed the buyer sent payment, I refund payment to the buyer assuming there has been no convincing evidence provided by the seller that he did indeed send the goods. If there's dispute, I'll arbitrate between buyer and seller, and whoever has the most convincing evidence will receive the coins (sellers should thus get a tracking number, and buyers should consider filming the unboxing of the product if it's valuable). What I need: *Escrow terms, agreed on by both buyer and seller -- you should both have seen and agreed to the amount which is expected to be paid by the buyer. *The deal to be posted publicly on the forum. (If a seller just has a "[wts]" thread and they briefly confirm in there, that's fine) *Receiving address for the seller. Update markers buyer & seller receive: *When entry is created in spreadsheet for the deal *When I receive escrow coins from buyer *When seller sends goods agreed on *When item arrives *When seller agrees to release escrow funds, closing the transaction Escrow is kept in a non-spendable wallet with enough in it to cover transaction fees.
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Now this thread for sure will take the exchange rate down by a notch or two. My gift to you bears.
Sure will. USD will be worthless soon after the next time you remember to bump this. .... Jesus. I forgot how many alcoholics used to be around the forum waaaay back in 2011. Little-known fact for the youngsters: Satoshi wrote the whitepapers through 10 1.5L bottles of MD 20/20 donated by a small collective of crypto-geeks and a batshit-insane zen buddhist. I hear he liked "orange" flavor best.
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So interest is on file: no fee, no multiple keys (dead man scheme in place, however), 25% guaranteed immediate reserve (50% within two weeks, 100% within one month -- $150/wk fee if late). Maximum of $10k held. BTC would mingle with separate ~$25k of BTC in same wallet. Donations to forum fund will be made as appropriate (no guarantees). Cosignatories possible and AFAIK, I'm having a b/g check done on me as we speak which could be handed over to you for free.
If not authorized to use money, .05% fee monthly (fee charged for whole month when withdrawal requested -- if applicable, fee would be charged only to portion being withdrawn early), funds held offline (multi-sig possible), $50k max. Cosignatories possible if you pay for it.
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What is escrow? Detailed explanation or link with one would be nice An escrow agent is a highly-trusted third-party who holds money. Generally, a buyer will want escrow in low-trust situations. A seller may also prefer to deal in escrow to ensure his lack of credibility doesn't keep potential buyers away from transacting. The buyer and seller agree to an escrow agent. The buyer sends funds to the escrow agent. The escrow agent confirms with the seller that he has the funds. The buyer sends the item to the seller. Once the item has arrived and been inspected by the buyer, he tells the escrow agent to release funds to the seller. In case of scam, the buyer is protected as escrow agents generally return funds after x days and/or x failed communication attempts with the seller. Escrow agents also frequently act as mediators in disputes, especially in cases where there is a relatively complicated purchase agreement, or where an item arrived, but wasn't as advertised. This generally provides a much cheaper, low-time-cost solution compared to civil courts, which are largely useless unless the transactors were local and had a significant amount of money at stake.
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Second payment made. 34BTC @ $86.9 GoxLast, covering mandatory minimum payments until September. March, April, May, June, July, August covered - $134.90 credit toward September.
Previous Face Value = 0.0911477753BTC/unit Payment per Share = 0.0018417204BTC Current Face Value = 0.0893060549BTC/unit
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First payment to holders of >10 units sent. 26.76BTC from "Cash on Hand," and an additional 10BTC payment coming from amount owed for February/March. $319.70 still owed for March 28th.
Previous Face Value = .093139BTC/unit Payment per Share = 0.0019912247BTC Current Face Value = 0.0911477753BTC/unit
ETA: Removed [BitFunder] tag given it will not be used. However, holders have been provided an appropriately-kludgey method of trading units semi-anonymously amongst themselves via email.
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How long has FinCEN known about Bitcoin and been planning to regulate it?
I don't know how long FinCEN has truly considered Bitcoin a serious player, but likely not very long knowing government bureaucracy. But frankly, I am not seeing FinCEN going after Bitcoin itself. I'm sure they are quite dumbfounded as to how to do such a thing. But what they can do is put pressure on any legitimate entity that hooks up to it in a formal way. The government, then, is effectively ensuring all "ideals" of Bitcoin come through. Decentralization will flourish, because once you're "big," you're in their crosshairs. Regulating demanded business (especially when it affects consumers) to the point of effective de-legalization isn't going to create a couple giants, but push market-share to p2p and otherwise-decentralized (and non-compliant) solutions. Government can either back down and at least ensure they collect tax revenues from entities like Dwolla, or kill those companies giving into fear of government by boosting consumer appeal of organizations with no single point of failure. By encouraging a downward trend of compliance, they destabilize the entire country (with regards to subject/ruler relationship). - And remember, the American Revolution encouraged many others' subjects to follow suit. Given management is on a failed path, a "National Union" might later be a solid bet against open rebellion. Timid enough for the government to reluctantly go along with, but bold enough to keep the citizens complacent. If government covertly controlled it... they could just transfer the title of "United States" over to them.
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Who is this?
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What kind of help are you looking for?
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... Like I give a shit that you run a communal laundromat.
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If you don't smoke, do you get a good buzz off of these?
Yes, and you can become addicted. I thought cigarettes were horribly nasty, so I used nicotine gum (and vapor cigarettes) prior to starting smoking, because I wanted to see how tough it was to quit. I still haven't quit, so... Also worth noting -- just like caffeine pills some people use for weening, it's pretty easy to take in more of the drug than a normal person would get smoking or drinking a caffeinated beverage. Do not use it as daily chewing gum, even though it has a very refreshing, kind of tingling feel in your mouth. It's very easy to use this as normal gum instead of a combatant against cravings, which can leave you more addicted than when you started because the flavor and sensation isn't long-lasting. You'll want more nicotine, and this makes smoking much more attractive than you might think it could be. That said, it is obviously a much safer alternative to smoking, and it does well to fight the craving to smoke. It can let me quit for weeks, but quitting the gum (without picking up smoking again) can be very difficult. That said, I think everyone would rather you be addicted to gum than cigarettes.
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Are the appliances steam-powered?
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Nothing fundamentally changes. Bitcoin doesn't suddenly become less useful because it's worth $1 instead of $51. All which matters is WHY the price would change so dramatically. If nothing fundamentally changed, it will correct, and there's not much in the way of suggesting Bitcoin's becoming less useful than more useful.
(as a BTC debtor, though - I'd be thrilled!)
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i am not spamming. i am responding to accusations. littlesop is spamming all threads i make and we all know it. the moderators should tell him to stop. when he stops so will i. if he continues so will i. i will NOT back down and i WILL derp to all false accusations.
When my daughter throws a tantrum - if you make the sign for "grumpy" at her, she'll stomp her feet and scream really loud.
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Hey look! Its Phinnaeus!! Looks like George Carlin right before he died of terminal-stage stupidity.
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We have enough dust on the blockchain. Please don't be a bunny. Refute evidence or create a new account and have another go, and please quit spamming... I don't have much bandwidth.
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PS: I've changed the johnthedong pseudonym as it sounds wrong. ... It took you that long? (+1 on John)
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It wouldnt be so bad if they reduced your outstanding loans by 9%
... No, that'd be worse, because then they'll soon have to take 25% from deposits.... but I guess they'll take 15% off debt, and just keep kicking the can down the road. Hey, you should be an economist!
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I heard mac is going to make good with it too.. that's crazy. I cant say i'd do the same if I were in his position, that's what, $1200?
I would do the same and have done the same in his position. For an amount similar to that? That is a lot of money to cough up for someone else's mistake.. The only way I would pay is if I had a serious business reputation on here or something. It is always lender beware. Identity theft is generally (though quietly) considered the fault of the "victim." Similar to entering into "predatory loan agreements." If someone compromised and used a website he had for selling bologna, had a 80%-off sale, then ran away with the revenues - who would be liable? Those idiots who bought 80%-off bologna? (Honoring the damages shows remarkable integrity - and I definitely don't mean to detract from that.)
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I think all the actions of global economy leaders are in the way of helping cryptocurrencies! i wonder That's what I've been preaching for years. We can't have "effectively theft" -- we need real "in-your-face" bullshit from our bosses. Those with national and international powers are doing more to catalyze international-scale revolution against governments and other established cartels than any I've lived through. God bless drones.
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