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441  Economy / Gambling / Re: Peerbet.org - Play without house edge! [BONUS FOR TRANSLATORS] on: July 29, 2013, 08:54:56 PM
Deposit system have been updated. From now, you will get new address each time when visit Deposits page.
New addresses will never expire and can be used multiple times.
The addresses which were given prior to July 29, will remain valid at least for 10 days.

Make sure you put a limit to how often one can request addresses. Generating addresses is hard on the server.
442  Other / Off-topic / Re: Ignore list swap on: July 29, 2013, 08:52:04 PM
*snip*
Chance of availability for us lazy losers?

Eventually. There's still a lot that needs to be done before it's fit for public consumption, and there hasn't been a lot of interest so far when I first posited the possibility.
443  Bitcoin / Legal / Re: Bitcoin legality across the globe on: July 29, 2013, 08:41:02 PM

The Bank of Thailand does not correspond to the Bank of America. It is actually closer in meaning to the Bank of Canada, which is the central bank, owned by the government, and is responsible for monetary policy and payment systems. See wikipedia for more information.
444  Other / Off-topic / Re: Ignore list swap on: July 29, 2013, 08:14:28 PM
Thanks for the list, FoxPup.

greyhawk, you're quoting people on my ignorelist and it's not very nice Sad

I can't read ignored quotes Tongue:


Saves me so much headache. Unfortunately, it means I can't read ignored posts at all unless I unignore—so I don't ignore liberally.
Is that a browser extension? My googling returns nothing.

I made my own personal browser extension because I use BitcoinTalk so much. There are a few parts to it. I made the text at the top bigger and more concise:


I added an inline BBC++ compiler:


And ignored posts are really ignored:
445  Other / Off-topic / Re: Ignore list swap on: July 29, 2013, 05:53:25 PM
Thanks for the list, FoxPup.

greyhawk, you're quoting people on my ignorelist and it's not very nice Sad

I can't read ignored quotes Tongue:


Saves me so much headache. Unfortunately, it means I can't read ignored posts at all unless I unignore—so I don't ignore liberally.
446  Bitcoin / Legal / Re: Bitcoin legality across the globe on: July 29, 2013, 05:08:48 PM
References

Credits
Thanks to Stephen Gornick, whose List of court cases, complaints, regulatory actions, etc. proved instrumental in seeding this list. Additionally, thanks goes to Vitalik Buterin, whose recaps on Bitcoin regulation greatly simplified this research. The blank world map is courtesy of Wikimedia Commons, licensed under the public domain.

Additional credit goes to the following people who helped build this list:
  • binaryFate @BitcoinTalk
  • camem @BitcoinTalk
  • elux @BitcoinTalk
  • Otoh @BitcoinTalk
  • stenkross @BitcoinTalk
  • blahbob @Reddit
  • is4k @Reddit
447  Bitcoin / Legal / Re: Bitcoin legality across the globe on: July 29, 2013, 05:08:19 PM
Countries in which Bitcoin is legal
AU (Australia, Commonwealth of)
Australia, although it has not officially vindicated Bitcoin's legality, assented to its legal usage by providing tax guidance.[1] Bitcoin is subject to taxation in Australia similar to any other commodity. Australia has also likened Bitcoin as “just a new medium of exchange and similar to any kind of currency”.[2]

BE (Belgium, Kingdom of)
The finance minister of Belgium, Koen Geens, agreed that there was little evidence Bitcoin is used for money laundering and that consequently the Belgian National bank has little reason to object to the use of Bitcoin.[3]

A noted business based in Belgium, the Kraken Bitcoin exchange, has been noted for its existence and relative safety from regulatory pressure despite lack of compliance with local laws.[4]

CA (Canada)
Not only is use of Bitcoin in Canada legal, but the Canadian financial regulation agency has taken a Bitcoin-friendly stance.[5] However, the province of Quebec has its own financial regulation agency, which has thus far not issued a statement about Bitcoin.

Taxation of Bitcoin in Canada is similar to that of any other currency or commodity: income tax and capital gains tax both apply.[1]

DE (Germany)
The German financial regulatory agency, BaFin, has effectively classified Bitcoin as a commodity.[7] Consequently, Bitcoin transactions are considered barter, and are taxable as barter.

DK (Denmark, Kingdom of)
Denmark's financial supervisory committee, Finanstilsynet, issued a statement condemning Bitcoin for its volatility and risk but nonetheless allowing its legal trade.[6] A full statement of how regulation and taxation will work with Bitcoin is expected in January 2014.

FI (Finland, Republic of)
The Finnish Central Bank confirmed the legality of Bitcoin, citing that “people can invest in and use any money they prefer. Finland is a free country, after all.” However, the bank has also warned of the dangers of using unregulated virtual currencies.[7]

FR (French Republic)
The French Republic has confirmed Bitcoin services' legal status on two occasions: the first, when it ruled Mt. Gox was allowed to operate within its borders, and the second, when Bitcoin Central was allowed to operate as a bank in France.[8] However, on both occasions France was careful not to vindicate Bitcoin itself.

GB (United Kingdom)
HMRC has stated that Bitcoin exchanges need not register to comply with regulations.[9] The agency has also stated that Bitcoin is taxable under standard capital gains taxation.[10]

NO (Norway, Kingdom of)
The Norwegian Secretary of the Treasury has confirmed that Bitcoin falls under no existing monetary laws, because Bitcoin does not meet the current Norwegian definition of “money”.[11] Consequently, Bitcoin trade is legal and unregulated.

Norway has continued this stance in recent times, refusing to describe Bitcoin as real money.[12] However, VAT must be paid when acquiring bitcoins, meaning liquid trade is effectively impossible.[13]

NL (Netherlands)
Although the Netherlands has not officially vindicated the legality of Bitcoin, it has assented to its legal usage by providing tax guidance. Income in bitcoins is taxable as income in any other currency is.[1]

PL (Poland, Republic of)
The Polish government has issued a statement confirming Bitcoin's legality; however, it currently is recognized neither as legal tender nor as electronic money.[14] Consequently, VAT may apply to Bitcoin purchases and sales, though the government has yet to clarify the tax requirements.

SE (Sweden, Kingdom of)
The Swedish government has warned against the use of Bitcoin, citing money laundering concerns. Thus, it has required registration for any money-transmitting Bitcoin services under the Finansinspektionen, the Swedish financial regulatory agency.[15]

US (America, United States of)
Although Bitcoin is recognized legally by FINCEN,[16] the United States has demonstrated unfriendliness towards most Bitcoin merchants. The State of California, for example, issued the Bitcoin Foundation a cease and desist letter.[17]

Countries in which Bitcoin's legality is contentious
CN (China, People's Republic of)
The legality of Bitcoin in China is contentious. Whereas the state media has promoted Bitcoin,[18] other virtual currencies in the past have been declared illegal.[19]

TH (Thailand, Kingdom of)
The Foreign Exchange Administration and Policy Department of Thailand found illicit most Bitcoin-related activities, including commerce, exchange, and remittance.[20] Although a bank would not usually be authorized to make currencies illicit, the Department is not simply a private institution. It is indeed a part of Thailand's central bank and some argue that it can enact policies banning the use of Bitcoin.[21] Others argue that because a higher level of government has not confirmed the law, the bank's role is only advisory.

Countries in which Bitcoin is illegal
448  Bitcoin / Legal / Bitcoin legality across the globe on: July 29, 2013, 05:08:05 PM
Dear reader
This thread is a bit out of date. For up to date data, see BitLegal, an amazing website that already contains all content listed below and more.

But if you insist...

Legality of Bitcoin, across the globe
With the recent news of potential illegality in Thailand, I decided to start a list of countries and Bitcoin's legal status within them. This list was last updated December 20, 2013, 04:26:18 PM.

Table of Contents

Disclaimer
Although the author makes every attempt to ensure factual accuracy, no responsibility is taken for any damages which occur based on factual inaccuracies associated with this article.

Amendment
The author encourages corrections and additions. These may be posted as replies to this topic.

License
This document, including any illustrations attached to it, is licensed under any licence of your choosing.

Map

  Legal
  Contentious legality
  Illegal
  Unknown legality
449  Other / Meta / Re: Is there a guide to using this forum anywhere? on: July 29, 2013, 12:39:07 PM
Sorry but what is "Patrol" ?

Patrol can be enabled through your profile options. It leads to this page if you aren't a mod. If you are, it might lead to a different page.
450  Other / Off-topic / Re: [puzzle] Work out a 4 word pass phrase and collect 0.1 XBT on: July 29, 2013, 01:54:30 AM
The what: "The wild Colonial Boy", which hashes to 4c46256d89e3d5ce17d8ea5aff2b31852bc6d09d293e9c324658d914ead92fc9, which is the Brain Wallet passphrase.

The how: This is what I did to get the answer:

1. A "strain" would understand "strine". I didn't know what this meant, so I googled "strine". It's Aussie slang for Australian.
2. The remaining clue is "wild". So next, I google "wild Australian".
3. Nothing useful comes up, so I look at the remaining clues. "from a song"... so next I googled "wild Australian song".
4. First result was "The Wild Colonial Boy". Tried it, but didn't work. Looked back in the thread... "second word starts with a lower case letter"... Tried "The wild Colonial Boy", and it worked!

This is slightly abbreviated. There were a few detours I took during the sequence of events (the Australian national anthem, "Come along my hearties", etc.).

BTW I am guessing if the reward was a lot higher then someone might have actually created a bot just to crack it.

Even so by doing something unusual (here I just hashed so probably something a little more exotic would be preferable) - and of course not publishing that information - brainwallets can be made much more secure.


Indeed. Remember that humans can't remember sequences of arbitrary data well (try memorizing "z,@M!.xaQE"), but can remember procedures. So making up your own procedure can turn a weak brainwallet into a strong one. More exotic procedures include various hashes, concatenation, reversing the phrase, repeating certain words, padding with spaces or punctuation, adding Chinese characters, or anything else you can think of.
451  Other / Off-topic / Re: [puzzle] Work out a 4 word pass phrase and collect 0.1 XBT on: July 29, 2013, 01:36:12 AM
Well done!

Was it the last clue that helped out?


Yes, indeed. The nationality helped tremendously.

Edit: Transaction has been confirmed, so I'm publishing the answer.

The what: "The wild Colonial Boy", which hashes to 4c46256d89e3d5ce17d8ea5aff2b31852bc6d09d293e9c324658d914ead92fc9, which is the Brain Wallet passphrase.

The how: This is what I did to get the answer:

1. A "strain" would understand "strine". I didn't know what this meant, so I googled "strine". It's Aussie slang for Australian.
2. The remaining clue is "wild". So next, I google "wild Australian".
3. Nothing useful comes up, so I look at the remaining clues. "from a song"... so next I googled "wild Australian song".
4. First result was "The Wild Colonial Boy". Tried it, but didn't work. Looked back in the thread... "second word starts with a lower case letter"... Tried "The wild Colonial Boy", and it worked!

This is slightly abbreviated. There were a few detours I took during the sequence of events (the Australian national anthem, "Come along my hearties", etc.).
452  Other / Off-topic / Re: [puzzle] Work out a 4 word pass phrase and collect 0.1 XBT on: July 29, 2013, 01:30:33 AM
Yay, I think I got it. I'm waiting for a block before I publish the answer. Didn't even need to use a bot Smiley. And I'm Canadian too. That must've been a lucky guess Tongue.
453  Other / Meta / Re: Is there a guide to using this forum anywhere? on: July 29, 2013, 12:46:02 AM
I've noticed some people reply to my comments in a thread or when I quote them pretty quickly. Some of these threads are quite old.

I therefore assume that they are using an option somewhere on this forum to check back for replys to their previous posts.

My questions:

    1. Is there such an option?
    2. What other options and features are available to make my life managing threads easier?
    3. Is there a canonical guide to these features anywhere?

* Show unread posts since last visit.
* Show new replies to your posts.
* Watchlist
* Patrol

The two most important links on this board.

I find "Show new replies to your posts" obsolete because you can't remove topics from it. The Watchlist is far more powerful.

Patrol lets you read posts without clicking topics, so I sometimes use it in lieu of "Show unread posts since last visit".
454  Other / Off-topic / Re: Ignore list swap on: July 29, 2013, 12:23:46 AM
Code:
ShadowOfHarbringer
aurumxchange
kokjo
MysteryMiner
TECSHARE
MeSarah
hamdi
iCEBREAKER
dank
misterbigg
Maria
BitcoinEXpress
Vod
bitlane
kano
Lolcust
Cosbycoin
Come-from-Beyond
Simran
MPOE-PR
i_rape_bitcoins
SuperDuperJenkins
Atlas
MAXBT
rockso
YipYip
sublime5447
strunberg
jasonjm
yayayo
ChartBuddy
Basically: Bots, trolls, alt-coin trolls, Atlas/dank socks, bigots, and terrible PR representatives. I don't ignore people unless I need to, though, because their quotes don't show up and the "Show/Hide" and Unignore button is disabled. Ignores are permanent unless I manually remove them

You can ignore mods, but it's not a full ignore. They don't get the goldenrod colour, for example.
455  Other / Off-topic / Re: The Nature of the Threat on: July 29, 2013, 12:18:15 AM
Of course, Hannibal was a hero for Carthage. But he was also a power-hungry tyrant and a murderer. He started the Second Punic War against the Romans. It was his aggression that brought about the salting of Carthage.
456  Economy / Services / Re: 0.4 BTC / month free (Best payouts - NO POSTING NEEDED & Updated :) on: July 28, 2013, 09:16:14 PM
Alright, I'll give this a go. Please pay to the Inputs.io URL in signature.
457  Other / Beginners & Help / Re: Get 100 mXBT with CoinChat right away! on: July 28, 2013, 07:13:28 PM
100 mXBT is like what, 10 cents???

More like 10 dollars if you use American currency.
458  Other / CPU/GPU Bitcoin mining hardware / Re: Bitcoin Mining Dashboard - The Genesis Block on: July 28, 2013, 02:27:47 PM
Good job keeping up with the current hardware prices. Erupters and K1 nano already have their price drops reflected.


My only concern is the profitability calculations I'm getting for 5 K1 nanos are very different from the BitcoinX calculator. Specifically it's saying I'll never make my money back, and actually lose 80 bucks. Where as the other one says I'll at least make some profit. I didn't mess with the difficulty increase predictions on either, as I'm a noob in that regard.

I have both the calculators set up with exactly the same info, except bitcoinx measures difficulty increase different(Profitability decline as a decimal). I also removed any hardware costs to make sure they start with the same total hardware cost. For some reason the difficulty is defaulting to 26M, so I changed it to 31.26M to mirror what bitcoinx has.

This is the info I entered:

  • 5 x K1 nano @ $275(250 + 25 shipping)
  • Same 10W power @ .12kw/h cost
  • 1.75GH/s | 1775MH/s Hash Rate(Assuming an overclock @350MH/s)

Here's where things get interesting. According to this calculator, in 6 months I'll still be about $80 in the hole. Where as bitcoinX says I'd have made 152 bucks, with the hardware paying itself off roughly at the end of month 3. I'm a bit confused because one says I'll spend more than I'll ever make, while the other says I'd make an okay profit.

Not sure which I should believe?  Huh

There is a default $100 allocated to shipping and PSU costs. Check to see if those are active. There is also a default pool fee of 2%. Try disabling that.

Finally, set BitcoinX's decline per year to 0.003. It defaults at an unreasonable 0.61.


Thank you for the help. I made sure Misc costs were 0, set shipping at the actual 25 for the correct 275 total, and set the pool fee at 0. Getting a $78 loss now.

I changed the profitability decline at BitcoinX to .003 and it's changed quite a bit. It now says $120 loss after 6 months and staring to lose money after that.

How is the decline represented in the bitcoinx calculator? I thought it was a percentage decrease in decimal form, but that doesn't seem to be the case.

Anyway so are these things indeed this bad of an investment? With how well they sell I figured there was at least a small profit margin to be made. Up until yesterday I've seen quite a few people buying them for nearly 1 BTC each  Shocked

I did some messing with the numbers to see if I could make them profitable, and apparently at about $30 each at stock speeds I could make 20 bucks Smiley. At their current price however even if you could overclock them to a very unlikely 450MH/s with liquid cooling you wouldn't see a return Sad.

Thanks Smiley


Difficulty is going up by ~62% per month, so that's a 0.617 profitability after each month. BitcoinX measures in years, and populates the field with monthly data... it doesn't really make sense. So change the number to 0.61712, which is ~0.0031.
459  Other / Meta / Re: Something odd on: July 28, 2013, 02:23:56 PM
The forum does not use UTF-8, or any other flavour of Unicode. It uses ISO-8859-1, or at least, that's how it serves its pages.
Really? In 2013?
Why not? HTML itself only uses plain ASCII characters, and HTML entities allow any other character to be represented in ASCII text. You could encode a Chinese-Klingon dictionary in ASCII using HTML entities if you really wanted to, though it would take a whopping 8 bytes per character.

Again, its character encoding doesn't support Unicode, but the forum does use Unicode. HTML entities are a form of Unicode encoding too.
460  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: July 28, 2013, 02:12:11 PM
I was caught in a couple of these scams. Seeing them all together in one place is frightening. The amount of funds stolen in Bitcoin has to be proportionally larger than the combined thefts in any world currency. It has to be like 5-7% of all Bitcoins in existence have been stolen. It makes Bitcoin look like just a mind-boggling perverse stream of thefts since its inception.

The reason is simple: we're not prepared. The digital world is relatively new to us all. But few of us worked in online banking. Few of us gave background checks for securities or traded penny stocks. The ones that did were drowned out.

The fact is: Bitcoin is not special. Just because someone deals with Bitcoin doesn't mean they can write a website in a week (Bitcoinica), give 7% interest per week (Pirate), or hash passwords with MD5 (Mt. Gox). Until the community realizes that this is still the real world, that work is needed to make a successful company, that "too good to be true" implies untruth, that backups need to be made on many media, that Murphy's law applies more often than not, and that security audits are all too important, this will keep happening. Luckily, we are learning.
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