The quote from the wiki is talking about unspent transactions already in the block chain.
Ah, I couldn't find it at first. It was on the Weaknesses article. I now see what they were saying. If miners with a hashing capacity majority won't include the transaction and they won't accept any blocks with that transaction, then a minority cannot force illegal content into the blockchain. This is pure speculation as to whether you could get the hashing majority of miners to ignore the longest chain and work on a fork just because some content in the longest chain is illegal somewhere else. i.e., the profit motive alone is likely stronger than any moral or other objection to whatever content is in questoin. So I moved that paragraph to the Discussion / Talk page for the Weaknesses article: - http://en.bitcoin.it/wiki/Talk:Weaknesses
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Hey guys, noob here. How do you guys feel about that ridiculous 3.99% commission? Comes up to about $20 every $500, which is highly discouraging...
For smaller transactions, the convenience is more valued generally than what the fees cost. For larger transactions, there are alternatives. You can deposit cash at Bank of America, Wells Fargo or PNC Bank (minimum $500) using Bitcoins Direct: - http://bitcointalk.org/index.php?topic=87094.0You can deposit cash at Chase or Wells Fargo for BitFloor (no fee): - http://www.BitFloor.comor cash at Chase for BitMe (no fee) - http://www.BitMe.com
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2) If you run a bitcoin business, do your records still list all your assets, sales, liabilities, etc. in dollars, or in bitcoin?
Of the businesses listed on GLBSE that actually report financials, nearly all report in terms of BTCs. So it probably will depend on what currency the business' debt or dividends will be paid in. If the business owes BTCs, that is who will be reading the financials and thus they'll want BTCs. If the business has BTCs investment and pays dividends in BTCs, then those investors will be the ones reading the financials and thus they'll want to see BTCs for earnings and dividends. Now for tax purposes, most likely every revenue and expense denominated in BTCs will need to be recorded in in its fiat equivalent at the time. So there will be two sets of books, one used for reporting taxes and one for a different audience.
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I can't even do bank transfers, direct [cash ?] deposit was all I had.
And, or course, there may be a chance for a local trade: - http://www.LocalBitcoins.com
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If you use bitcoin, do you still convert back to your local currency when deciding whether a price is high or low, or whether you are profitable or not?
For which set of books?
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Wow so they wont take anymore GBP. Incidentally, BitInstant now accepts bank transfers from the UK. - http://www.BitInstant.com Choose the last item in the list, "Online bank transfer"
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bitcoins within the UK seeing that intersango is closed down,
The title is misleading, I believe. Intersango is not closed down and as far as I know has no plans to do so. Now it is true they currently have no UK bank (since end of August) and haven't announced any date that they expect to have one again, so for UK users trading GBPs they might as well be closed, but for those trading USD, EUR and PLN users, trading is still open. Now as far as options, Blockchain.info just added the ability to use Barclay's Pingit to buy bitcoins using GBP: - https://blockchain.info/wallet/deposit-pingitAnd now there is another way, using BitInstant. Choose the Online Bank Transfer method. - http://www.BitInstant.comYou can also send cash (GBP) in the mail to Bitcoin Nordic (in Denmark): - http://www.BitcoinNordic.com And, or course, there may be a chance for a local trade: - http://www.LocalBitcoins.com
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nasty glitch.
Try doing a transaction at the same amount without a fee from your own client and you'll get the same result. Mt. Gox doesn't pay a fee. There's not much you can do at this point other than to wait. It will be included, eventually.
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Please share it with all your Korean friends!
I created an article on the wiki, but Google translate couldn't do much with the site so there are a lot of details I couldn't determine. Here's the article so far: - http://en.bitcoin.it/wiki/Bitcoins.co.krIs this a fixed price (e.g., relative to Mt. Gox exchange rate) exchange or does it operate a market (with bids and asks)? What payment methods are available for buying coins? What cash-out methods are available when selling coins? Who is the operator of the exchange (e.g., a registered corporation, or )
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I don't care about the porn. I don't care that Mircea doesn't care.
I think he does care. This whole exercise of borrowing shares is to be able to write CALL options without being naked, right?
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i've got a feeling this has happened from way above barclays, i bet those who don't like the bitcoin revolution have closed it down ie police, government ,feds who knows
Then they must have missed the memo about bitcoins being purchased through Barclay's Pingit, a service from Blockchain.info/wallet. - https://blockchain.info/wallet/deposit-pingit
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What is meant here by "forgetting" a transaction?
If a transaction is valid but isn't included in a block, it will simply be held in the node's memory pool. There are only so many transactions allowed in the pool so the node will drop some that have been around a while and haven't gotten any confirmations. Or when the node is closed and restarted, it will not know of the transactions it previously received. If other nodes are still broadcasting the transaction the node will re-discover the transaction and add it back in. So that's one way a node will "forget" about a transaction.
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I smell phising too: price to low, address is from Denmark but from the whois of the site seems owned by a society called "Gy dfd" with a chinese address but USA (AL) as nation.
This is likely the latest incarnation of EasZPay.com, MtGix.com, MtGax.com, I4dollars.com and now BTKoin.com - http://bitcointalk.org/index.php?topic=98251.0
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I read somewhere that I need to make sure port 8333 needs to be open, but I haven'e changed anything about the router.
Perhaps your Windows "firewall" is not letting the app communicate? It should automatically connect out and discover peers so if that isn't happening then check your operating system first, then the router next. You could try to manually connect using telnet. Try to connect to an external node. If it times out without connecting, the problem isn't Bitoin then it is your o/s or network getting in the way. Here's some nodes that you can try to connect to (not all necessarily will work but if more than a few are tried and you still can't connect, then the problem is on your end.) - http://blockchain.info/hub-nodes
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what is new is that they've actually demonstrated, with evidence, their theory in action.
Well, new back in May when their results were first shared. This is for the race attack (on 0/unconfirmed transctions), and not a 51% attack which could reverse confirmed transactions. - http://en.bitcoin.it/wiki/Double-spendingThey describe how they could connect to their "test vendor", which means that vendor's node wasn't configured according to the recommendations (i.e., no incoming connections, explicitly connect outgoing to hub nodes): - http://blockchain.info/hub-nodes
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Instead they're running at about 8-9% of the network, and hoping to get 6 blocks in a row to reverse a transaction (double spending)?
All that to reverse a transaction? Wouldn't it be easier for them to just make a purchase with credit card and then report the card as having been stolen?
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This site is up and functioning for me. Assume it is a scam.
Ah ... very clever friggin little scammer. I get a 403 forbidden from my IP, but from a proxy I get the page. So I'm blacklisted.
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Has anyone ever recovered funds sent to the wrong address by going to this forum and asking whose address it was? It seems like a long shot, hope you manage to recover thought.
Yes, with a fair amount of blockchain sleuthing, 400 BTC sent to the wrong address was recovered (ended up at GLBSE). 400 BTC sent to an unknow address. (COINS RETURNED) 40 BTC reward. - http://bitcointalk.org/index.php?topic=82600.0
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