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4361  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: April 06, 2014, 08:12:01 PM
Surprised to see that Stunna hasn't changed rates for the lower forum ranks to compete with ritz.
Bit dissapointed as well, truth to be said.

Its just childish to up the rates whenever some new competitor appears . And i don't understand why u disappointing when u are on ritz campaign Smiley
4362  Economy / Services / Re: [0.5 BTC Bounty!] Design PrimeDice's new signature advertising ad! on: April 06, 2014, 08:04:58 PM

That is all personal preference i also think there are some better designs but maybe Stunna loves that  who knows Cheesy
4363  Economy / Gambling / Re: BITCOIN LOTTERY! Tickets 0.001-0.1 btc , live draws every 24h ! on: April 06, 2014, 06:35:06 PM
Guys i need at least ur opinions on the site and idea ?
4364  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 06, 2014, 06:11:30 PM
Offtopic news: I just launched my new website: www.bitcoinlottery.co.nf

DRAWS EVERY 24h at 20:00h-20:50h CET
Tickets from 0.001 btc to 0.1 btc
Every ticket size is separate game, each game separate draw.
Fair draws using www.random.org and LIVE streaming every draw!
Unlimited entrys!
Live chat on contact page!
 
Prizes:
1. 60% of prize pool
2. 30% of prize pool
3, 10% of prize pool
Note: We take small 1% to 5% fee.
*If there is 50+ tickets bought more places will get prize.
 
Rules:
-Live draws every day at 20:00h-20:50h CET
-Unlimited tickets per player (more tickets you buy, bigger chance for win)
-You can participate in every game. Every ticket size is independent game.
-And other amount than specified on ticket page, WILL BE CONSIDERED AS DONATION!
-Don't buy tickets in less than 30 min before draw, so i can post final list on winners page for everybody to check.
-Minimum players/tickets: 10 , if we don't have enough players/tickets in 24h all tickets bought will be transferred into next round.

Link: http://bitcoinlottery.co.nf/
4365  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 06, 2014, 06:09:17 PM
European Bitcoin ATM Maker PayMaQ to Market €1,000 Models
Stan Higgins | Published on April 6, 2014 at 15:15 BST | Bitcoin ATM, News, Technology

A new line of low-cost bitcoin ATMs has been launched by PayMaQ in major European markets.

PayMaQ is pitching its PayBitcoin ATM as a more affordable solution for individuals and small businesses interested in hosting a digital currency exchange point. One unit costs just under €1000 after VAT and shipping, offering a retail cost savings when compared to $5,000 Lamassu units and $20,000 Robocoin machines.

The PayBitcoin ATM is PayMaQ’s second model, following in the footsteps of a first version that CEO Luis Borrell acknowledged suffered from limitations, including the need for skilled maintenance on a regular basis.

The company has since turned to the development of a cheaper option that it believes is easier for business owners to maintain.

Speaking to CoinDesk, Borrell explained:

“Nowadays, there are new people who want bitcoins and they need easy and nearby access to bitcoins. PayBitcoin … is designed for any person who has a store, gym or similar business in which [they] can offer [it] to their customers buying bitcoins at the moment.”

The company is funding the project via Indiegogo.

Ease of use

The Bitcoin ATM business model seeks to solve a major barrier for consumers that want to start using bitcoins: acquisition.

As such, Borrell put the emphasis on the ease-of-use of PayMaQ’s models:

“This model of ATM can be acquired and operated by any person easily. Logically it has some limitations, but we think it is a good product to extend bitcoin around the world.”

Borrell sees the need for a simple way to get bitcoins as part of the process of broader market adoption:

“Traditional banks charge 1-3% fees of every transaction with credit cards. People will be able to pay with bitcoins in any store, restaurant and in any business in general with no commissions or fees.”

First, however, customers need an easy method of exchange. And since Internet bitcoin exchanges aren’t yet able to provide this service, Borrell believes his units will have a powerful value proposition.

Competition

The market for bitcoin ATMs is seeing more competition, including the launch of the Lamassu ATM earlier this year. Competition is also heating up in the UK and Southeast Asia, and with its low price point, PayMaQ could become competitive in the global market.

For Borrell, this means he also has to consider how his company will compete not just now, but down the road:

“We have plans for the near future. We are now developing new solutions for stores, in a way that they will be able to accept payments in bitcoins. We are continuously developing new products.”

Part of this process includes the development of security measures for the ATMs. Borrell said that security is important but pointed out that the same risks face consumers who use other currencies as well.

“For PayMaQ, security is very important. But we think that the bitcoin market is not different from the traditional market. We don’t see an extra problem in security – you have to implement security updates continuously. It is a part of our work.”

Rising interest in Bitcoin ATMs

Barcelona-based PayMaQ opened its doors in 2005. According to co-founder and Borrell, it originally sold payment systems. After hearing from customers that wanted to deploy ATMs, PayMaQ moved toward developing bitcoin ATMs.

A bitcoin ATM remotely syncs with an online exchange, allowing users to conduct fiat-to-bitcoin or bitcoin-to-fiat transactions and withdrawals without the hassle of creating a personal account and making an in-market purchase and with different levels of know your customer (KYC) and anti-money laundering (AML) compliance.

PayMaQ’s models are one directional and offer little in the way of compliance features, meaning operators who are able to cut costs with its units will have additional considerations to make to ensure their lawful use.
4366  Economy / Gambling / BITCOIN LOTTERY! Tickets 0.001-0.1 btc , live draws every 24h ! on: April 06, 2014, 11:49:57 AM
WELCOME TO BITCOIN LOTTERY !!!


DRAW EVERY 24h
Tickets from 0.001 btc to 0.1 btc
Every ticket size is separate game, each game separate draw.
Your address/transaction is ur TICKET
Fair draws using www.random.org and LIVE streaming every draw!
Unlimited entrys!
Live chat on contact page!



Prizes:
1. 60% of prize pool
2. 30% of prize pool
3, 10% of prize pool
Note: We take small 1% to 5% fee.
*If there is 50+ tickets bought more places will get prize.
 
Rules:
-Your address/transaction is ur TICKET, so when buying more tickets do separate transactions.
-Live draws every day at 20:00h-20:50h CET
-Unlimited tickets per player (more tickets you buy, bigger chance for win)
-You can participate in every game. Every ticket size is independent game.
-And other amount than specified on ticket page, WILL BE CONSIDERED AS DONATION!
-Minimum players/tickets: 10 , if we don't have enough players/tickets in 24h all tickets bought will be transferred into next round.
 
 
Fee:
For 0.001 btc lottery fee is 5%
For 0.01 btc lottery fee is 3%
For 0.1 btc lottery fee is 1%

 
Feel free to give any suggestions/feedback for the game and website.  


*Live draws guarantee 100% provably fair.

IMPORTANT: WE ARE MOVING TO NEW DOMAIN AND DOING REDESIGN, TICKETS ARE REFUNDED. WE WILL BE UP AND RUNNING SOON!!!!
4367  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 05, 2014, 07:12:08 PM
Coindesk is a great source for bitcoin news, More of them would be great though.

They basically post all the news only they http://www.cryptocoinsnews.com/ have some different news and don't copy i will be adding them to .
4368  Bitcoin / Bitcoin Technical Support / Help with website. on: April 05, 2014, 05:08:29 PM
Can somebody explain me how i can show blockchain.info transaction page for single address, on my website.
So i see whole page with transactions and everything on my website page?

I seen that on some ponzi websites but now i can't find any.
4369  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 05, 2014, 02:40:22 PM
Unofficial Apple iOS Store to Allow Bitcoin Wallet Apps
Jon Southurst (@southtopia) | Published on April 5, 2014 at 15:35 BST | Companies, News, Startups, Technology

Note: The activities described in this article involve running software on iOS devices that is experimental and that has not been approved by Apple.

Please use caution and install software only from third-party developers you are sure you trust, especially if your device already has bitcoin wallet, banking, or other sensitive apps installed.

__________________________________________________________

A mobile app development team says it has found a novel workaround to Apple’s bitcoin wallet ban and strict App Store regulations: Its own native app store that allows users to download and install any app they like on an iOS device.

Developer Andrew DeSantis first announced the new store, a product of the Birmingham, Alabama, company Avalonic he co-founded with business partner Tyler Evans, on Twitter and reddit today.

If it works as he claims and his legal advice is correct, it could represent a breakthrough for both iOS and bitcoin users.

Introducing the Bit Store from Avalonic on Vimeo.

Still in beta

At the moment, the independent app store, still an invite-only beta, has a focus on bitcoin solutions and is even called the ‘Bit Store’. It does not require the device to be jailbroken, and the apps available are not web-based, instead using a combination of HTML5 to render app interfaces and back-ends written in C.

The plan is for the store to include all kinds of apps in time, with bitcoin serving as the payment system. The apps themselves will be cross-platform and will function on any mobile platform once a version of the store is released for it.

The Bit Store beta currently has just a few simple apps available, including a bitcoin wallet and a news aggregator/company directory. The ‘Wallet’ app uses the Coinbase API to send and receive bitcoins to any address, with values denominated in BTC or USD.

Avalonic Cross-Platform Bitcoin Wallet from Avalonic on Vimeo.
Cross platform

DeSantis told CoinDesk he came up with the idea for the Bit Store about six months ago, while he was trying to develop an app to run on iOS, Android and Windows Phone. Doing so required expertise in those platforms’ three different programming languages: Objective C, Java, and C#.

“About six months in I found it took a lot of effort to do, and it was unnecessary,” he said in Avalonic’s introductory video.

Reaction to his announcement on reddit was overwhelmingly positive with wishes of good luck and requests for other cryptocurrency apps like litecoin and dogecoin.

Some, however, expressed skepticism that Apple would allow such rampant freedom of choice to continue for very long.

Walled garden

Apple is protective of its closed infrastructure, and could use both engineering and legal means to prevent circumvention, especially if it becomes popular. There’s also the 30% commission Apple receives from all sales on its own App Store, now a substantial revenue stream.

DeSantis wrote that he had actually worked for Apple in the past, learning enough to reverse engineer the system to install unofficial apps using protocols intended for enterprise, but staying within Apple’s legal guidelines.

Originally intending only to develop an independent and cross-platform app platform, he switched his focus to bitcoin after Apple banned wallet apps from its own store.

Said DeSantis:

“I used to work for Apple, was even flown out to the mothership in Cupertino. As a part of training, we learned about all of the iOS protocols. After I quit I had the idea for a multi-platform store and by knowing everything that was legally possible on the iPhone I was able to figure out how to install apps without having to install apps.

It took nine months of work and wasn’t originally intended for bitcoin, but after they removed Blockchain from the App Store it seemed like a perfect fit!”

He added that he hadn’t signed any agreement prohibiting the work he’d done, that it was a new technique no-one had tried before and that his company had been in contact with lawyers for months to discuss possible scenarios.

Possible moves against Bit Store

From plugins that circumvented iTunes copy protection to iOS jailbreak techniques, Apple has previously played cat-and-mouse games with ‘creative’ developers that often ends with the developer moving on to something less frustrating.

It must be said, though, in the case of iTunes DRM it ended with Apple changing its policy by abolishing copy protection in most cases.

DeSantis doesn’t seem particularly concerned about Apple’s technical moves to block the Bit Store either, saying it would be difficult to modify iOS as it exists now to do so. He has back-up plans even if Apples tries:

“Apple can’t prevent our store’s existence because, on iOS, Safari allows applications to be installed to the the home screen. In the event that the implementation we currently have in place is compromised by an update we will modify our code to circumvent the update.

If our seamless implementation is still disabled by such a future update, which while possible isn’t likely to happen in the near future due to the damages this would cause to existing software that has existed since iOS 4, we would revert to an app store that you install with the ‘install to home screen method.

If we can install our store to the home screen, then we can install apps exactly, if not very similar, to how we are installing them now (without having to click ‘install to home screen’). Finally adding one extra step to the app install process will not remove the cloud platform we have created, our bitcoin wallet, the hardware access or the notification features.”

He went on to explain why he regards the Bit Store as legal under Apple’s own rules as they pertain to web applications, which users have always been free to add to their iOS Home Screens.

“Apple’s own documentation states that, ‘A web application is designed to look and behave in a way similar to a native application.’ Although we are taking our implementation a few steps further than the average ‘web application’, in the end we could revert back to such a state and maintain our platform.

Side loading apps on Android are nowhere near as elegant as our iOS install process. This has not stopped third-party app stores from existing on Android and we believe the same will hold true for iOS in the absolute worst case.”
4370  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 05, 2014, 12:45:43 PM
Bitcoin Regulation Roundup: Rumours, Court Cases and Taxing Times
Jason Tyra (@tyracpa) | Published on April 5, 2014 at 12:38 BST | Analysis, Asia, Crime, Europe, Exchanges, Law, News, Regulation, South America, US & Canada

Regulatory attitudes towards cryptocurrencies around the world are shifting. Hardly a day goes by without a central bank issuing a warning on the digital currency. However, it’s not all bad news – as some authorities are taking a much more positive approach.

In CoinDesk’s regulation roundup, Certified Public Accountant and ACFE Certified Fraud Examiner Jason Tyra examines the most significant digital currency news from the world’s regulators and law courts over the past two weeks.

USA: Bitcoin is property, says IRS

tax

The US Internal Revenue Service issued a notice in late March that classified bitcoin as property for purposes of taxation, clarified that mined bitcoins are taxable at the time they are received, and specified that bitcoins received in connection with a trade or business or as wages are subject to withholding and/or payment of Medicare or social security taxes.

The reaction among US bitcoiners was mixed. Treatment as a capital asset grants access to preferential capital gains rates for bitcoins held longer than a year and a day, but imposes the burden of tracking basis and gain for every bitcoin received or spent.

This is good news for US taxpayers using bitcoin as a store of wealth, but terrible news for those who might use it as a means of exchange.

The subtleties and implications of the IRS notification are likely to fuel debate among US bitcoin enthusiasts for months to come: for example, the IRS did not specify whether taxpayers exchanging bitcoins for other crypto-currencies would be entitled to defer taxable gain under like-kind exchange rules.

Rejection of non-functional (otherwise known as ‘foreign’) currency treatment by the IRS has also created uncertainty as to the implications, if any, for FinCEN’s designation of bitcoin as a monetary instrument.

Texas

USA: Texas following NY example?

The Texas Department of Banking released a letter this week addressed to “virtual currency companies operating or desiring to operate in Texas” that declared that, “because cryptocurrency is not money under the Money Services Act, receiving it in exchange for a promise to make it available at a later time or different location is not money transmission” in the state.

However, since the Texas Department of Banking is a state-level agency, its declaration has no impact on FinCEN’s federal registration requirements.

Texas has aggressively cultivated a business-friendly climate in recent years, poaching a number of high-profile companies from higher tax and higher regulation states. Austin, Texas is especially well known as a progressive hub for technology companies, including many bitcoin startups.

USA: If bitcoin isn’t money, can it be laundered?

On 1st April, the attorney for Ross Ulbricht, alleged mastermind of the now defunct contraband trading site known as Silk Road, submitted a motion to dismiss some of the charges against his client on the grounds that “bitcoins are not money”, thus obviating the possibility that money-laundering statutes could apply.

Denmark: Yippee, no taxes

tax take 2

After months of delays, Denmark declared last week that bitcoin trades by individuals are exempt from taxation in that country.

The Danish taxing authority based its decision on the novel idea that bitcoins cannot be considered ‘real’ money, essentially rendering bitcoin activity (gains and losses alike) a non-event from a tax perspective. However, bitcoin-related businesses will be subject to normal income tax rules on gains booked in the normal course of business.

At the time of the announcement, Denmark was thought to be the only country in the world that has definitively taken a pass on taxing bitcoin. Early reactions by European bitcoiners were positive, though the wider implications of the announcement have yet to be seen. If bitcoins are not ‘real’, do they still enjoy protection as private property?

palace

Bulgaria: Tax loophole?

Taking the opposite position from Denmark, the Eastern European nation of Bulgaria announced this week that bitcoin trading would be subject to ordinary income and corporate income tax rates, but did not issue regulations requiring gains to be documented or reported, raising the issue of potential money laundering through digital currencies.

In response, one commentator, Bulgarian enthusiast Stamen Gorchev, suggested that the country might join other EU members in looking to European regulators to draft more comprehensive regulation.

Bulgaria’s announcement means that bitcoiners now have the full spectrum of potential tax treatments available to them in western countries, creating potentially lucrative transfer pricing opportunities for companies with the resources to exploit them.

china

China: Rumours of bank crackdown

Bitcoin isn’t really banned in China, or is it? Rumors of an imminent crackdown in China continue to dog bitcoin, as well as altcoins.

Just as much of the appreciation in price during the latter half of 2013 was attributed to wider adoption and investment by the Chinese, possible regulatory action by the Chinese government or central bank have also been blamed for bitcoin’s recent decline.

Though the precise reason for the allegedly imminent crackdown is not known, bitcoin’s fungibility is likely to threaten capital controls to some extent in the nominally Communist state.

Additionally, its network is thought to be highly resistant to the kind of government control and censorship that have long plagued Chinese internet users.

tree

Colombia: Bitcoin ban?

Colombia’s Ministry of Finance, in cooperation with the country’s central bank and Superintendancy of Finance, may ban bitcoin transactions, according to a report by Colombian publication El Tiempo.

Colombia recently joined the growing list of nations that have warned their citizens away from bitcoin, advising citizens that they are not backed by the Colombian central bank.

The government’s objection is unlikely to relate to bitcoin’s novelty, as the South American country is not known for the kind of financial innovation that is likely to be a destabilizing influence on its economy. Rather, the issue is likely to be bitcoin’s potential criminal uses.

Colombian security forces continue to struggle with the twin issues of narco-trafficking and Communist rebels, both of whom may see value in bitcoin as a means of payment for illicit transactions.

However, barring Colombian banks from handling bitcoin-related business is unlikely to have a significant impact on organizations that are essentially international in their conduct of business (narcotics for export and weapons for import).

man

Isle of Man: No licence required

On 26th March, the Isle of Man has announced that its licensure requirements do not apply to bitcoin exchanges operating there.

The Financial Supervision Commission, the Isle of Man’s financial regulator, confirmed in a written statement that bitcoin exchanges are neither investment businesses nor money transmission services as defined by current law.

The island is a self-governing dependency of the United Kingdom, and its citizens are nominally British citizens. Furthermore, it is known as an offshore haven due to its unusually low tax rates, which include a cap on tax payable by individuals and a corporate tax rate of 0%.

Liberal banking and tax rules have made offshore banking a large part of the island’s economy.
4371  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 05, 2014, 01:23:49 AM
Neo & Bee Share Price Plunges to 0.0001 BTC as Trading Resumes
Daniel Cawrey (@danielcawrey) | Published on April 5, 2014 at 01:17 BST | Companies, Investors, News, Startups

Cyprus-based bitcoin savings and payment network Neo & Bee resumed trading on Havelock Investments today amid turmoil surrounding the company and its CEO.

At 5PM EST on 4 April, buy and sell orders for Neo & Bee on the private bitcoin-only investment exchange platform resumed after six days of suspended trading.

Neo & Bee saw high volume at the outset of resumed trade activity, with a plunge in prices from 0.002 BTC ($0.89) down to 0.0001 BTC ($0.05).

Source: Havelock Investments
Source: Havelock Investments
Questionable activity

On March 28, Havelock halted trading of the NEOBEE fund on its site due to what was then referred to as “questionable trading activity”.

Havelock Investments made an announcement earlier today that the ticker name for Neo & Bee would be changed from NEOBEE to NEOBEEQ.

In the announcement, Havelock noted it has not received an update from Neo & Bee as of yet:

“Financial information on the status of the company [Neo & Bee] has not been released. The units of this Fund will continue to trade even if the company will file for bankruptcy.”

About Neo & Bee

Founded by Danny Brewster, Neo & Bee is a savings and payment processing infrastructure for bitcoin, and started doing business in Cyprus with plans to expand to the larger European market.

Neo is the company’s banking arm, with physical branches. Bee is the payments portion of the business, thus the Neo & Bee name as two separate functions working together as one organization.

Danny Brewster. Source: Twitter
Danny Brewster. Source: Twitter
However, the company has been experiencing turmoil as of late. On 31 March, the company’s shares were suspended from trading on Havelock due to some strange trades. Brewster, the CEO, made a statement on 2 April in order to reassure the company’s investors.

The Cyprus Mail reported on 4 April that Brewster was facing fraud charges stemming from two customers that claim they never received bitcoin that they had paid for from Neo & Bee. Brewster has made it known to the bitcoin community that he is currently not in Cyprus.

About Havelock

Havelock Investments bills itself as a bitcoin-based source for “private companies looking for venture capital”, according to its website.

Source: Havelock Investments
Source: Havelock Investments
Since the NEOBEEQ trading symbol went live for Neo & Bee trading, the Havelock site has been experiencing intermittent outages with CloudFlare proxy placeholders often taking the place of active webpages.

The two largest companies currently on Havelock by market cap are Crypto Financial, which provides fiduciary services within the cryptocurrency industry, and an ASICMiner shares fund.

Havelock Investments makes money via fees on its all-bitcoin platform. There is a a 0.4% trading fee and it also charges users 0.0010BTC, with 0.0005 BTC being paid as a network transaction fee, for withdrawals.

This story is still developing. CoinDesk will monitor and provide updates as new details become known.
4372  Economy / Services / Re: [0.5 BTC Bounty!] Design PrimeDice's new signature advertising ad! on: April 05, 2014, 01:08:01 AM
PRIMEDICEmuch cool
very wow!

ah it's tables... Cool, now I can make something cooler Smiley

Very wow indeed! Could use a little color though Tongue

Just we need hero member to test it will it work in sig ?
4373  Economy / Services / Re: [0.5 BTC Bounty!] Design PrimeDice's new signature advertising ad! on: April 04, 2014, 11:18:12 PM
How did you make one large PRIMEDICE, and have two smaller lines to the right be the same height?  Huh

I guess first is one line second part two lines. Looks rly cool i hope it works.
4374  Economy / Services / Re: [0.5 BTC Bounty!] Design PrimeDice's new signature advertising ad! on: April 04, 2014, 11:00:21 PM
Here a version using the colours from the website:



These are only a screenshot, but the signatures were made with fully working and clickable BB-Code.




Wow that is awesome, changed my mind this is the best so far.
4375  Economy / Services / Re: [0.5 BTC Bounty!] Design PrimeDice's new signature advertising ad! on: April 04, 2014, 07:54:20 PM
My signature design seems to be working! 13 clicks to primedice.com in 1 day so far Cheesy and around 6 to all the other links to the thread, twitter and signature thread Smiley !!!

Will update each day!
Day 1: 13 clicks to site (6 clicks to each other link)
Day 2:

I've always wondered how I could track my referrals! Nicely done!

He use bit.ly u can track clicks there Cheesy . Smart . Just i would not click that link if its not direct link.
4376  Economy / Gambling / Re: PrimeDice.com | 500M+ Bets | 300k+ BTC Wagered | Free BTC | 1% Edge | Instant on: April 04, 2014, 06:30:42 PM
Has Stunna announced the exact date when pd3 will come out?

Nope, not yet. I don't think so.
4377  Other / Beginners & Help / Re: Mr Bitty Loves you Alll BittyBing is Delayed for 3 more weeks. on: April 04, 2014, 12:26:57 PM
So what exactly was Mr Bitty and Bittylicious? I still have no idea.

Who knows shoulda been surprise. With this delays whoooo knowwss....
4378  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 04, 2014, 12:16:44 PM
eBay Adds New ‘Virtual Currency’ Category to US Site
Jon Southurst (@southtopia) | Published on April 4, 2014 at 10:57 BST | Companies, Merchants, News

eBay’s main US site has introduced a category for ‘Virtual Currency’, with listings for dozens of bitcoin and altcoin-related activities – including shares in mining operations.

Although eBay is still not accepting bitcoin as an official payment, any recognition of the currency is significant since eBay is the parent company of PayPal, the payments firm long earmarked for disruption by many bitcoin fans.

The popular online auction site and marketplace quietly included the category in its ‘Category Changes‘ list for April under ‘Coins and Paper Money’.

At press time there were multiple entries for bitcoin and altcoin trades, Mining Hardware, and ‘Mining Contracts’, where investors are invited to buy per-gigahash shares in existing and proposed cryptocurrency mining operations. Search results revealed hundreds of mining-related listings not yet categorized.

One listing selling dogecoins had in its description:

“This will be shipped via USPS, UPS, FedEX, or the shipping method of your choice. Note to eBay: these are NOT being emailed.”

There are, however, other listings promising the coins will be sent electronically. The ‘Mining Hardware’ and ‘Mining Contracts’ subcategories also have some currency sales listed with Auction and ‘Buy it Now’ options.

This is not permitted on eBay’s UK site, which has had a ‘Virtual Currency’ category since February but stipulates listings must be classified ads.

ebay
Virtual Currency listings on Ebay.com
eBay has a colorful history with digital currencies, appearing often in ‘Will they or won’t they?’ stories throughout bitcoin’s recent history.

A filing to the US Securities and Exchanges Commission (SEC) in early 2014 referred to bitcoin as a ‘potential competitor’ to PayPal, which usually charges a 2-3% fee on transactions it processes.

eBay has also applied for patents in the last few months that suggest an interest in digital currency exchange and other payment ‘tokens’.

Previous listings

Reactions to the new ‘Virtual Currency’ category on reddit were a mixture of optimistic and wary, with many claiming the company has added it before, only to remove it at a later stage. This could have been due to eBay’s overseas subsidiary sites, like the UK, adding the listing before the US one.

PayPal has also appeared to toy with the idea of accepting bitcoin in some form. President president David Marcus remarked in an April 2013 interview that he found digital currencies “truly fascinating” and added “We’re kind of thinking about it”.

eBay president John Donohoe has also mused on the possibility of PayPal integrating bitcoin “one day” in interviews, giving no commitment beyond saying “we’re looking at bitcoin closely”.

Potential pitfalls

There may also be concerns at the number of bitcoin mining share listings on eBay. Many of these deals have ended in tears as hardware manufacturers fail to deliver on time, or under-deliver on the kinds of profits investors were expecting due to the exponential increase in the network’s hashing speed requirements.

The sheer number of listings under the category could create a potential customer relations nightmare for eBay, should buyers find themselves dissatisfied with purchases, scammed outright, or have refund claims disputed.

Even the Virtual Currency page itself has a large banner advertising the “eBay Money Back Guarantee – Get the item you ordered or get your money back”.

Trading digital currencies themselves on eBay could also be a minefield, exposing sellers to credit card chargebacks and PayPal claims after the coins have changed hands.
4379  Bitcoin / Bitcoin Discussion / Re: BITCOIN NEWS EVRYDAY! From multiple sources. on: April 04, 2014, 12:15:35 PM
Tipping Platform Patreon ‘Exploring Bitcoin Integration’
Jon Southurst (@southtopia) | Published on April 4, 2014 at 05:17 BST | Companies, News

Online tipping and funding platform Patreon is planning to accept bitcoin “hopefully soon”, allowing fans to make regular micropayments to their favorite online artists.

Founded in 2013, Patreon has to date raised more than $2m in seed funding, and is one of a host of recent startups looking to help content creators recoup revenue otherwise lost to online middlemen like YouTube.

The announcement comes courtesy of an email the company sent to reddit user ‘camponez‘, who wrote to Patreon to enquire about bitcoin integration, and received the following reply:

“Thanks so much for your note! We are actually exploring bitcoin integration right now.”

“Be sure to follow us on Twitter @patreon because we will be making the announcement of when it is live on there!”

Patreon co-founder, musician Jack Conte, confirmed the message in a reply to the thread:

“It’s true, we’ve been talking about bitcoin for months. my co-founder, Sam, already built most of the code, but it’s not pushed yet. We’re fixing some bugs and tweaking. don’t know when it will happen. hopefully soon.”

How Patreon works

Patreon is different to other project-funding sites like Kickstarter, focusing instead on creators who release a stream of smaller, regular works. Rather than raise a large sum of money for one big project, Patreon allows donors to set up payments closer to $1-10 to be paid out whenever their favorite artist or creator releases a new work; such as a YouTube video, podcast, web comic or even a news article.

Patrons have full control over the regularity and size of their payments, with monthly maximums. The system also allows creators to set rewards and perks for their patrons, such as tutorials, Google Hangouts or concert tickets.

Conte demonstrates how the system works in a video here, which also shows he gets over $4,000 in tips for every video he releases from his 1,200+ ‘patrons’.

Bitcoin advantage

To use Patreon either as a Creator or a Patron, you need to sign up for an account (or use a Facebook login). Currently, Patrons must have either a credit card or a PayPal account, limiting the number of potential tippers.

Of course, any artist with a web presence can simply publish a bitcoin address or QR code image to collect 100% of all tips. In fact, this is probably better for one-off payments, since it requires a benefactor to actually visit your site and enter each tip manually.

With Patreon, payments can happen regularly and automatically without the need for a special visit, so if you make regular releases, signing up might well pay off.
4380  Other / Beginners & Help / Re: Mr Bitty Loves you Alll BittyBing is Delayed for 3 more weeks. on: April 04, 2014, 11:36:34 AM
Looks like this is Stunnas site also , only this and PD3 will be delayed forever Cheesy
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