Does your client have to be 100% synced to the server to send coins and the party get them?
If you are asking if you receive bitcoins while offline, know that you never really "receive" bitcoins. There is no need to be connected to the network to receive coins. Now whether you can then spend those coins you received while offline depends on the client you are using. The Bitcoin.org client requires one confirmation to spend those coins, so you would need to be connected enough to be caught up downloading blocks to spend those recently received funds. Other EWallet clients (both hosted/shared EWallets and hybrid EWallets) might take care of being in sync with the blockchain but without a connection you won't be able to access those types of clients. Having only intermittent connectivity does not mean the Bitcoin.org client cannot be used, but you will not be able to trust the transactions you receive until they confirm. Thus a merchant with customers it might not be able to trust combined with intermittent connectivity should not treat as "paid" when receiving a transaction that has no confirmations (0/unconfirmed). There are types of connectivity loss where Bitcoin probably won't work at all. For instance, on a cruise ship where you might only have connectivity only periodically as you reach port. Here's more discussion on that: Desert island economy on Bitcoin without being connected to the internet? - http://bitcointalk.org/index.php?topic=106302.0[Edit: The client will let you create a transaction that spends coins that were already confirmed, but as D&T mentions, it won't broadcast it until the client has caught up.] |
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nobody knew how to do it, felt like a deadbeat, and it took almost an hour for them to figure it out.
The key phrase to remember when they have trouble. .. "I am not sending money, I am paying a bill." The procedures with their terminal are different between the two. Am I missing something or has BI changed the deposit options?
The same question was responded to here: Working on it!
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Just as people know the difference between a dollar and a cent, they'll be able to figure out the difference between a bitcoin and a millibit. BTC - bitcoin, mBTC - millibitcoin (0.001 BTC) nickname "Millie"/"millibits" μBTC - microbitcoin (0.000001 BTC) nickname "Mike"/"mikeys" - http://en.bitcoin.it/wiki/Units |
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I developed all in php but i'm "FIGHT" with the API of blockchain.info.
Blockchain.info is a third party service. You might want to rethink using a data feed from third party service for the purpose of paying out funds. The Bitcoin.org [edited] client gives you all the data needed using Raw Transactions: - http://en.bitcoin.it/wiki/Raw_TransactionsGetRawTransaction DecodeRawTransaction and perhaps ListSinceBlock or ListUnspent will be ones you'll use as well. |
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It's gotten harder to buy btc in the uk in a reasonable amount of time after mt.gox stopped taking cash deposits and intersango's had their uk bank closed  Have you tried Blockchain.info's new Pingit purchase method? It gets pretty heavy use now. Have you tried Bitcoin-Central? |
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I doubt the community would be strong enough to achieve that kind of agreement.
That is only needed if there were a crack exploited suddenly, and not the more likely scenario where the weakness is known years before it can become a problem. If it were to occur suddenly, a lot more is affected than just Bitcoin. |
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at least they got +1 email from some user at bitcointalk that they wish to purchase HIB with Bitcoin.
Every avalanche starts with a snowflake. |
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How do you think how high could be acceptable commission in %. Here's a new service that offers to sell redeemable codes from exchanges (BTC-e, Mt. Gox, etc.) and accepts credit card for payment. Their fee shows 8.9%. - http://www.bitcoin-keys.com/Sales.htmlWhile it is fantastic to see this offered, these types of endeavors generally end not long after they begin. It isn't the entrepreneur's ambition that wanes but instead the termination of service coincides with the one-month or three-month review by the merchant processor when the reviewer sees the sky-high chargeback rate and upon further investigation realizes specifically what the "sale of digital goods" that was written on the merchant application actually refers to (Bitcoin currency exchange). |
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Just have a secondary chequing account that has limited funds you can lose if something does go wrong.
I know of at least two prepaid debit cards that can receive ACH / direct deposit transactions and thus should be usable for this as well.
Both the American Express prepaid card and the Western Union prepaid card are free of any monthly fee, and have low or no ATM fee. The Western Union card features direct deposit (ACH) capability and the American Express prepaid card does as well, I believe. There was one other card provider that is free and has ACH but I can't think of the brand at the moment.
So then it is fairly easy to have a completely separate "account" just for this. And adding cash to the card (loading) is $3.74 at Walmart (up to $1,000 per load, at any register) or $5 at the convenience store (maximum $500 per load).
So, like this weekend when there was an unexpected buying opportunity .. . even without having a card you simply head down to Walmart, pick up a card, register it, load it with $1,000 and when you get home use Coinbase instant verification and buy bitcoins. And if Walmart isn't convenient, any convenience store where Green Dot / Moneypak is available works.[Update: Doh ... these probably won't work as they don't allow ACH pulls apparently, as D&T describes below.] |
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Bitcoin - Currency of Cyberspace (Italian) October, 2012 Location: Italy Abstract: The domestic secret police / intelligence agency of Italy provides an overview of Bitcoin. They highlight the ways in which Bitcoin either defeats or bypasses methods of control that regulators enjoy through the banking-system. For instance, the UIGEA which helped eliminate sources of revenue for online gambling in the U.S. is not a deterrent to Bitcoin-based online gambling. The report is a little over the top though ... [Is Bitcoin Magazine's choice of a Guy Fawkes mask for the cover of its initial issue] the announcement of the extension of the potential of the most insidious and dangerous group of cyberattivistists? - http://gnosis.aisi.gov.it/gnosis/Rivista31.nsf/ServNavig/11 |
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Now the idiots can have thier bank accounts cleaned out when this site vanishes with all the depositors funds.
Coinbase has over half a million dollars in equity funding. The max purchase amount they allow (for now) is $100. The coins aren't available for transfer until the ACH completes, at least two business days later. |
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Yes, that is the case.
Ok, then if it shows sent the problem definitely isn't that you couldn't send because of the 30-day probationary period. I don't have permission to PM the BitInstant rep here,
I believe after one post you now do. |
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and we don't create a company with limited liability.
This was discussed on another thread. I had asked basically if investors were liable for debts with an unincorporated entity. There would probably need to be a partnership agreement formalizing the partnership, rights, duties, responsibilities, etc.
Now with GLBSE whether such an agreement exists or not, who knows. The partners may not necessarily even know each other's identities. |
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The messages are mostly "Dwolla failed verification - unable to locate". It tries again a few times, then gives up.
Ok, I don't know BitInstant's procedures after you send from Dwolla. Just to confirm though In your Dwolla account, look at your Activity, then click Money Out, and look for the transaction. Then click Details. What does it show for "Status:"? It should say "Sent". |
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Tangible Cryptography already does this through their Bitcoin Direct service (the other side of FastCash4Bitcoins), but it is slightly different. There is no need for an employee to hang out at a bank. The customer deposits cash into TC's bank account and TC sends bitcoins to the customer after the deposit has been made.
You might be misunderstanding the question. The OP was describing a method that someone can sell bitcoins and be paid with a cash deposit into their own bank account. Bitcoins Direct is instead what you might use if you are looking to buy bitcoins. |
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