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421  Bitcoin / Bitcoin Discussion / Re: Shift - Bitcoin Visa Card - now available in the US on: November 21, 2015, 04:13:24 PM
However, it might be argued they are getting somewhat cheeky with intellectual property.  Don't you think this is a little too close to "Taylor Swift"s card?  I wonder if she really endorses Bitcoin? - the implication is there.

Intellectual property? I don't think a name counts as intellectual property. Smiley It's just a cheeky joke, that's all, there's not really any implication that she endorses Bitcoin else it would've said her name. You're getting a little bit far out there buddy.

Check it out buddy: http://www.dmlp.org/legal-guide/using-name-or-likeness-another  Plain and simple.  You can't use someone's name or 'likeness' to promote your shit.  I guess that only leaves the question: Is 'Taylor Swift" like "Taylor Shift".  I'd say these are confusingly similar.  Well, what do you know!  The test for trademark infringement is actually called: 'confusingly similar'!  Ruh-Roh!

Who cares?!  Not me.  If Shift likes pushing the edge with other people's intellectual property - it doesn't affect how good the card works.  So let them play with fire.  It's just that Taylor Swift loves suing people - even her fans.  So, they sure picked a dumb fight.  If you ask me.

In a very recent case with far less 'likeness', the cheater lost $5 million dollars.  http://www.spottsfain.com/publications/322-recent-court-cases-offer-caution-use-celebrity-likenesses-advertising

422  Bitcoin / Bitcoin Discussion / Re: Shift - Bitcoin Visa Card - now available in the US on: November 20, 2015, 09:52:03 PM
This is interesting. It is one of the few cards that will actually work in the US! Also, it is unlike other "debit cards" in that instead of funding the card with a prepaid amount, it actually deducts the Bitcoin from your account at the market rate, like Bit-x. And there are no fees for now. I wonder how long that will last.
Yes, this is a remarkable new feature.  Prepaid is ridiculous.  I like to hold the bitcoin - until I spend it.  Once the charges come in, then exchange bitcoin from the account.  This is really great.  Finally, someone understands how it should work.  It's about time, I feel we've needed this for a long time.
423  Bitcoin / Bitcoin Discussion / Re: Shift - Bitcoin Visa Card - now available in the US on: November 20, 2015, 07:53:48 PM
Saw this in a similar topic in the press section : COINBASE JUST DEBUTED THE FIRST BITCOIN DEBIT CARD IN THE US https://bitcointalk.org/index.php?topic=1256350.0

Well good news for sure but it is still limited to few states + limited daily usage (200$ ATM):
Quote
At this time, only residents of the United States may apply for a Shift Card.
In order to spend bitcoin via Coinbase, cardholders must reside in one of the following U.S. states:
AL, AZ, CA, DE, DC, GA, ID, IA, KS, ME, MS, NE, NV, NJ, NC, ND, OK, PA, PR, SD, TX, VT, WA, WV
Shift Card activations for California residents are limited.


No annual fees is a good point.
More info: https://www.shiftpayments.com/faq
I read cash limit was $750 at ATM plus $750 more at POS with $10,000 single day purchases limit.  Quite generous if you ask me.  I don't spend more than $10,000 most days.
424  Bitcoin / Bitcoin Discussion / Re: Shift - Bitcoin Visa Card - now available in the US on: November 20, 2015, 07:46:57 PM
It says in the future they may pass on conversion fees to customers.  Bait and switch.
On that day, you can say 'too many fees'.  Then cut up your card.  But for now, NO transaction fee.  Pretty good eh?
425  Bitcoin / Bitcoin Discussion / Re: Shift - Bitcoin Visa Card - now available in the US on: November 20, 2015, 07:43:29 PM
Will not use.  Too many fees.  Coinbase needs to get with the program.  US customers are use to free credit cards and debit cards.

No fees.  It is free.  Zero.  Per transaction fee = $0.00.  Can't get closer to zero than that.  

However, it might be argued they are getting somewhat cheeky with intellectual property.  Don't you think this is a little too close to "Taylor Swift"s card?  I wonder if she really endorses Bitcoin? - the implication is there.


426  Economy / Service Discussion / Is the new bitcoin forum any good? on: October 11, 2015, 07:53:08 AM
I understand their dislike of censorship, but will you stick with bitcointalk - or go to the new forum?  https://forum.bitcoin.com/  Do you think they can get critical mass there?
427  Bitcoin / Bitcoin Discussion / Re: Coinbase GOES TO TOWN in the patent office!!! on: September 22, 2015, 08:29:14 PM
This is lunatic! I guess that those people from the patent office will have much more work on their hands in the near future! They will probably come to hate on Bitcoin because of this! Cheesy
The patent office loves patents - or else they would go out of business.  They are going to love Bitcoin!
428  Bitcoin / Bitcoin Discussion / Coinbase GOES TO TOWN in the patent office!!! on: September 22, 2015, 07:57:36 PM
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=0&f=S&l=50&TERM1=Coinbase&FIELD1=AS&co1=OR&TERM2=Cite+Brian+Cohen+or+CoinTelegraph+%28Esquivalience%29&FIELD2=DRTX%2CDETD&d=PG01

Just look at this!!!!  Coinbase claims a "Tip Button"!

This is crazy!  Is this the new Bitcoin battle royal?  The patent office?
429  Bitcoin / Bitcoin Discussion / Re: Bank Of America Patent on: September 22, 2015, 07:54:54 AM
So what is so extraordinary to patent here, I don't get it?
To get a patent, it doesn't have to be so extraordinary.  just new and not obvious.  So extraordinary is for a Nobel prize.


Here is an example of the exchange:

(1) USD Bank Account transfer to Coinbase exchange.
(2) USD Coinbase convert to bitcoin Coinbase.
(3) bitcoin Coinbase transfer to bitcoin BTC-E exchange.
(4) bitcoin BTC-E convert to EUR currency.
(5) EUR BTC-E currency exchange withdrawal to EUR Bank Account.

I have just done what BoA proposes without using their "patentable" service.

The Supreme court said: "all inventions are made up of wheels, gears, cogs - all of which are very well known and ordinary.  It is when you put them together in a certain combination that they yield a special output or result, that makes them together a new invention."

You have done this combination today.  But did you put all these elements together prior to the BofA filing?  Even if someone performed a transfer as described before that date, it wasn't all put together as a unitary system - until BofA described it in their patent.  I think they will be awarded the patent for wire transfers done on cryptocurrency rails.  
430  Bitcoin / Bitcoin Discussion / Re: Bank Of America Patent on: September 21, 2015, 07:15:07 PM

3) The process described on page 3 is not novel, they are buying coins on behalf of the BoA client, that is all. They are middle men.

How did you make a determination that this is not novel?  Your matrix for determining novelty seems to be quite a bit different than the one used by the patent office.  

In a novelty determination, you must cite: a SINGLE reference, which predates the filing date, which does EXACTLY the same thing.  If there are ANY differences - you must do an obviousness test - not novelty.  So- please provide a reference where this is done - EXACTLY as BofA describes.  

When I state it is not novel, I guess you are correct, I should have said it is not "non-obvious".
There will be no "novel" references that predate, because the issue is not whether someone beat them to the punch, but whether it is actually "ownable".
The process that is described is not special and if granted,
would potentially prevent all other banks from using a basic system of clearance for future crypto wire transfers.
It is a basic closed system that is described, it is what I do everyday. All that they do is automate it within a closed BoA Server.

Because I can automate squeezing lemons, doesn't mean I can patent the process of squeezing.
Unless, of course, there is a "new" component. Sometime that hasn't been invented yet.
Funny enough, there are more than 100 patents on the process of squeezing lemons.  So, you clearly have little or no understanding of the patent system. "it is what I do everyday".  Were you doing what BofA described everyday on Mar 17, 2014?  Because you'd have to prove that in writing as of the BofA filing date.  I highly doubt you were making wire transfers from one currency, through an exchange, via bitcoin, through a second exchange and into a second fiat - everyday more than 18 months ago.  But if you can prove you were, you can blow up their patent!!!
431  Bitcoin / Bitcoin Discussion / Re: Bank Of America Patent on: September 21, 2015, 06:59:12 PM

3) The process described on page 3 is not novel, they are buying coins on behalf of the BoA client, that is all. They are middle men.

How did you make a determination that this is not novel?  Your matrix for determining novelty seems to be quite a bit different than the one used by the patent office. 

In a novelty determination, you must cite: a SINGLE reference, which predates the filing date, which does EXACTLY the same thing.  If there are ANY differences - you must do an obviousness test - not novelty.  So- please provide a reference where this is done - EXACTLY as BofA describes. 
432  Bitcoin / Bitcoin Discussion / Re: Bank Of America Patent on: September 21, 2015, 06:52:33 PM
 Quick gripe: I tweeted the link to twobitidiot earlier (see: https://twitter.com/MrFelt_/status/645978092515659776), and Coindesk, like they've done several times with my posts here and elsewhere RE: GAW, etc., writes up an article w/o any attribution whatsoever.

What do you expect them to attribute to you?  That you were first to see a patent and tweet?  lolololol.  If you say something interesting, maybe they'll reprint it and cite you.  Simply find an interesting patent and tweeting about it doesn't mean Coindesk owes you a brownie. 
433  Bitcoin / Bitcoin Discussion / Re: Bank Of America Patent on: September 21, 2015, 06:47:02 PM
I obviously have not read the whole patent application,
but I do not understand what is the patentable component?

Blockchain tech (in theory) is not patentable since the publication of the Bitcoin whitepaper,
and for BoA to use (in certain circumstances) a cryptocurrency blockchain for faster wire transfers,
and the process in which they do it, is not patentable.

We as bitcoin users, each potentially use this same process described each day, this is not novel.



1) They don't try to claim 'blockchain tech' by itself, so your first sentence is silly. 

2) simple because you write 'is not patentable' - doesn't make something not patentable.  Why do you think that is not patentable?  BofA's patent lawyers don't share your conclusion.

3) also, you declare 'this is not novel' - but provide no novelty analysis.  Merely declaring it not novel, and not patentable isn't very persuasive.

434  Bitcoin / Bitcoin Discussion / Bank Of America Patent on: September 21, 2015, 06:31:56 PM
Well, I guess we no longer need to speculate whether or not Bank of America takes crypto seriously!!!  This just in: MAJOR patent: http://www.pat2pdf.org/patents/pat20150262173.pdf

Basically, Bank Of America wants to own all wire transfers done on blockchain rails.  Wow!

Bank of America is clearly: in it to win it!!  I would not have guessed this.

This is not some obscure patent which barely references Bitcoin like the JP Morgan bullshit - this is a very broad patent squarely directed to a primary function of the Bitcoin system.
435  Bitcoin / Bitcoin Discussion / Re: Gavin, the NSA and XT... on: August 18, 2015, 04:01:08 PM
Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT?  Maybe this is their way of getting the core devs who can't be 'turned' out of the way.  Mike has been in favor of 'blacklisting' - another tool popular with NSA.  I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags.  Maybe that is what this blocksize thing is really about.


Excellent way to show the word the IQ sample of bitcoin XT bashers.


Thanks for proving my point.

You can't deny Gavin has warmed up to these G men guys before.  If you think the NSA is not good at doing operations undetected, then you don't understand their work. I think XT = NSA
436  Bitcoin / Bitcoin Discussion / Gavin, the NSA and XT... on: August 18, 2015, 03:56:05 PM
Do you think the NSA had a little say via Gavin in preparing the new code being introduced as XT?  Maybe this is their way of getting the core devs who can't be 'turned' out of the way.  Mike has been in favor of 'blacklisting' - another tool popular with NSA.  I suspect there is a little sneaky bit of code slipped into the XT package that doesn't raise red flags.  Maybe that is what this blocksize thing is really about.
437  Alternate cryptocurrencies / Mining (Altcoins) / Re: Time to Switch from Eligius on: August 17, 2015, 03:46:51 PM
Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?

The guys who built Lightning Network want to hit the 1MB limit so their project becomes needed.  Then, they will let everyone come in for free for a few years.  Then, they will start to charge for their 'services'.  

We don't need a complex technical solution (side chains) controlled by private parties - to make Bitcoin work.  Bitcoin works on its own - with larger blocks.  Why put in place an unnecessary limit (1MB) just so some guys have a reason to built their sidechain projects?  I call bullshit.  

Bitcoin XT is Bitcoin.  From the beginning, Satoshi imagined blocks which could handle more than 7 tx per second.  1MB limit was introduced with the intention of it being later removed.  

Sidechains to increase transaction rate will lead to crazy complexities.  Everyone needs to keep the original Bitcoin strong and avoid creating need for complex add-on systems like sidechains and Lightning Network.

There is simply no explanation at all why the 1MB should remain.  
438  Alternate cryptocurrencies / Mining (Altcoins) / Time to Switch from Eligius on: August 17, 2015, 03:31:02 PM
I 've been mining on Eligius with over 50Thash.  I think Luke Jr. is a dick - but didn't care as it was an easy pool to set up.  So I just stayed there.  Now, we have a real issue.  I support XT.  I want to switch my mining to an XT pool. 

Which pool is presently on XT?  I know AntPool is planning on going to XT, but I want to go to XT now.  Should I switch from Eligius and who do I switch too for easy pool mining?

439  Bitcoin / Development & Technical Discussion / Re: Transaction form on: August 13, 2015, 01:41:40 AM
This you make this "manual"?
I bow to you if you did Cheesy
Looks like witchcraft to me Cheesy
How do you write your transactions?

Well, to start with, that wouldn't currently be a valid transaction since output #1 from TXID 07f0acabb9d1bd5a82be57ef7a8697ec664ea5dec780c1cddf8ca7a62bca91aa has already been spent




Awesome effort.  Thanks very much.  I really appreciate the inputs.  But unfortunately I still don't know what the structure of a N of M multisig transaction looks like.  

I understand that those inputs are invalid and a bunch of other crap has been changed.  But I am really just trying to understand the structure of MultiSig by way of example.  How do those outputs look?  

For example, which part of an output tells the stack this is a 1 of 5, or 3 of 4, MultiSig?
440  Bitcoin / Development & Technical Discussion / Re: Transaction form on: August 12, 2015, 10:57:15 PM
This you make this "manual"?
I bow to you if you did Cheesy
Looks like witchcraft to me Cheesy
How do you write your transactions?
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