Limits on cash withdrawals are everywhere. Most bankers are not comfortable having large quantity of cash readily available in their drawers. It just increases the risk of crime. In every bank I know if you want to withdraw a large quantity of cash, you have to call in advance to make sure there will be cash when you want it. Most often, they also have limits. Like with a credit card, you can't withdraw over a given amount per week. With the fight against tax evasion and money laundering always intensifying, we may expect the current situation to get worse.

What I don't understand is the complete ban of all international wire transfers. that's crazy. Could there be something wrong with Chase? They've got to have plenty of customers doing business abroad, and they'll have no other choice but to change bank.

You are hesitating between metals and a currency. I think you just can't compare them, they have different purposes.

No. They're sinking, and there's no room to get them into the BTC emergency rescue boat.

Well, I don't need btc-e if all I want is exchange BTC. And BTC work perfectly. No cancellation possible, it's the best way of doing business. My only worry is that very few people use this currency yet, so I would like to get customers paying with credit cards. If I can't, I'll just stick to BTC. We see more and more people stopping all business with paypal as there are too many people cancelling their orders, we'll see if all those people get into the BTC bandwagon.

In most cases, business plans must be local. You don't do business the same way in America or Europe. I've asked for help about a business plan a few times, and I don't think I would have done it over the Internet. I want to have someone in front of me.

My business is about digital goods, with delivery minutes after the customer fills the payment form.

Receiving BTC would not be much different from a foreign order. I get regularly payments in euros and dollars, and all that is changed into another currency to go to my bank account. It happens sometimes that if a customer would ask for a charge-back, the money that was sent to my credit card processor isn't there anymore.

So I still think it could work. I guess I'll have a closer look at the ways services such as video-on-demand or nude chats work.

That would be quite long, but 48 hours would be fine with me.

Well, I wouldn't have access to it. Only the service would, just like with paypal today.

I understand that so well! I would take the risk. If BTC goes down and my customer wants a refund, I would have to pay him more that I received.

I know most websites use bitpay so that customers pay with BTC and bitpay acts as an exchange before sending money to the merchant's bank account in fiat, but I'm looking for the exact opposite.

I would like a service where my customers would pay for my products with credit cards, and the service would act as an exchange to send BTC straight to my wallet.

Otherwise, I could use a standard credit card system, with a delay and a fee before the fiat arrives to my bank account, then another delay to send the money to an exchange, and another delay and a fee to buy BTC, and finally I would have to move with a fee the money from my account at the exchange to my own personal wallet. Slow and inefficient!!!

Anyone knows such a service?
Thanks.

Faucets were without ads last year. They're all gone now, and ads supported faucets won't survive them long.

I doubt people using Tor and bittorrent will be willing to pay anything to use those services.

Let's add that faucets will not last. You just can't give money way forever.

CA or NY, that should be the same thing since SR was a worldwide service. Or could it be that the alleged offenses get harsher sentences in NY? That would be another bad news for the accused who started his defense with a Californian lawyer. He will have to find another lawyer, meaning more expensive fees.

Once again, people are overreacting. BTC is down nearly 40% since yesterday. Come on, we're not all drug addicts! BTC will only emerge stronger from this, as most users will now be regular folks doing legal business.

We'll see repercussions on the country's economy, or on the street, before it affects BTC.

The first question is what do you want?

If you just want a website, you don't need a VPS. You don't need one either if you want to run a TOR hidden service.
PM me to say what's your plan, and I will reply with the best solution.

Definitely, the trouble is in making a deal. The tech is easy.

The dollar and the court system are two different entities. There is no direct relation between them, and you can imagine either one living without the other one.

Now, if you really want a reputation management system inside BTC, you may be thrilled to learn one already exists. Just check this address:
http://blockchain.info/address/1JwSSubhmg6iPtRjtyqhUYYH7bZg3Lfy1T

But frankly, the owner of this wallet is stupid. It's so easy to create another wallet, and get a brand new clean ID. BTC always gives you a second chance, if you want to start again.

Social networks can be a system of reputation management, but they don't belong to the blockchain. The dollar has been very successful without a reputation management system built-in. We shall see BTC for what it is: a currency. There will always be good and bad people, exchanging fiat or BTC, but neither fiat nor BTC has any responsibility in telling who's who.