From another thread: The site is now back online and fully operational.
Fully operational? The pull-down menu option for "From: Major Bank Branch" is still there, but the site yields an error for any transactions using that method. |
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i still havent heard anything from them yet While you are still in forum newbie jail you aren't able to post your inquiry in the primary Intersango thread. Though I'm not sure it would help much for speeding up resolution: I barely have time to deal with Intersango issues as it is.
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Is this service limited to walletbit users only? I.e. if my customer is using official client, can I somehow create monthly invoice for him, using your merchant services?
Bitcoin is a push technology. There is no current way for any third party service to spend from your funds in your Bitcoin.org client. (except if you were to perhaps share your private keys with that service .. which is a bad, bad idea.) At some point I suppose there could be M of N transactions created in advance, and simply if the funds haven't already been spent the third party could process the spend when the subscription renewal time comes. Bitcoin is like cash. So are there any subscription models that use cash? Not any that I can think of, except maybe a monthly collection at the office for the birthday gift pool or something like that. I know the subscription commerce model for startups is all the rage now (e.g., Dollar Shave Club, Birchbox) but if you look into that, actually getting paid is a huge problem for them: - http://blog.chargebee.com/10-common-recurring-billing-challenges-learn-how-to-overcome-them/#sthash.RZadJwfx.dpbsThe challenge for any intermediary accepting fiat and paying bitcoins comes back down to this: For the same reason that no Bitcoin exchanges accept paypal, wepay, etc, you likely won't find any offer to send non-reversible bitcoins using funds received through these payment methods notorious for chargebacks. |
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I can't imagine they aren't right. At the moment it is all fun and games, but once a bunch of househusbands/wives start losing $10k to serial fraudsters, there will be an uproar and a huge opportunity for lawyers.
The market wants equity crowdfunding. The market will get equity crowdfunding. This will not be for everyone ... and probably not most househusbands/wives, but there is a segment that wants this capability, From another thread: The Crowdfunding ammendment in the U.S. still won't allow trading of shares purchased for one year after buying them. The genie is aleady out of the bottle though. Kickstarter is not an equity platform but gave people a taste of what they want -- the ability to buy and trade equity in startups. So if they can't get that from the U.S., they'll buy bitcoins and send them to wherever this service (equity crowdfunding) is offered.
[Edit: And, of course, it would be beneficial if that capital were to remain within the country. Thus there will be a push to relax the regulation (to allow secondary markets, to allow foreign ownership of U.S. crowdfunded equity, etc.) or to apply tiers where micro-companies, under some threshold of equity valuation, can be formed with more leeway than firms above that threshold.]
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Are you sure that you are actually giving your credentials to the payment gateway?
No, Coinbase is asking for the username, password and ... whatever else is needed for them (or an automated agent) to login to your bank account (e.g., a Login PIN for some banks). Again, that is only if you want the "instant" verification. For the "Deposit verification" then that works the exact way that PayPal links a bank account, or Dwolla, etc. What would your bank say about that?
They might say that was a violation of their terms of service, and if you ever lose funds because someone else logged in with your username and password you are out of luck: - http://www.timelessfinance.com/2012/02/16/is-mint-com-safe/ |
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I come as a newbie, after having transferred from dwolla to mtgox via bitinstant.
Just out of curiosity, why wouldn't you just transfer from Dwolla to Mt. Gox via Mt. Gox? I'm guessing it has to do with Mt. Gox requiring your account to be verified, whereas the same transfer less a fee can be done through BitInstant instead? Dwolla has definitely turned out to be such an inconvenient transfer method as far as Bitcoin exchanges go. I think we'll see Coinbase's ACH / linked bank account method take over from Dwolla as the best way for transferring funds from a bank account in the U.S. into bitcoins. |
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So that is why this specifically is step 1: Step 1. Create a new GPG key on a machine that never connects to the Internet. Do not advertise this key anywhere, do not register it with gribble, do not use it anywhere at all. - http://polimedia.us/bitcoin/faq.html#18Got the answer in IRC: <sgornick> mircea_popescu: If I used for trading on MPEx my main GPG key that I use for WoT (and has my e-mail address), can someone figure out what assets I own?
<mircea_popescu> not unless either some servers are seriously broken into or someone cracks gpg (or pgp)
- http://webchat.freenode.net/?channels=#bitcoin-assets |
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now let's look into selling CALLs short.
Was there ever a post on selling PUTs? To sell a PUT option you need to deposit an amount greater than 1 bitcoin for each contract as surety. For example, to create a O.BTCUSD.P200T option for sale might be in the range of requiring a ~1.8 BTC deposit whereas the deposit to create a O.BTCUSD.P100T option for sale might be less than 1.1 BTC. So someone put up some fairly serious coin (maybe ~30K BTC) as surety to be able to sell those PUT options. |
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No, it's Mr. P's own key, and I don't think that'd get released. The idea is that even if all our backups somehow burn the data can still be reconstructed from unknown sources.
So that is why this specifically is step 1: Step 1. Create a new GPG key on a machine that never connects to the Internet. Do not advertise this key anywhere, do not register it with gribble, do not use it anywhere at all. - http://polimedia.us/bitcoin/faq.html#18 |
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It's since been fixed and games are now provable.
Works great, thanks. When I login but typo on my username, it creates a new account. (I didn't click sign up, but instead did login). It showed 0 BTC and I was a little confused until I realized the error. Should Login also function as Sign Up when no account already exists? Alos, from an Android mobile when I login, the logout button isn't clickable for some reason. The only way to logout is to get to a 0 balance and then a link for logout is shown. |
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