Bitcoin Forum
June 16, 2024, 03:51:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 [221] 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 ... 437 »
4401  Bitcoin / Meetups / Re: Bitcoin and Crypto Currency Meetup in Austin Texas (Tuesday July 23rd) on: July 24, 2013, 07:12:22 PM
I hope to go next time.
4402  Bitcoin / Legal / Re: What are the two unregulated "Money Transmitter" states? (USA) on: July 23, 2013, 03:33:45 PM
According to this PDF document prepared by Thomas Brown at UC Berkeley the two free states are South Carolina and Montana.

Somebody found my cheat sheet!

I don't suppose you would be so kind as to share your opinion on what significance (if any) there is in SC and Montana not having these regulations, as it relates specifically to the Bitcoin legal landscape?

Is this more along the lines of an interesting piece of trivia or something that people who are starting up Bitcoin based businesses should possibly consider when choosing where to operate, incorporate, etc...?

I guess, I don't see any evidence of a whole bunch of current fiat-based institutions locating themselves in these states or anything (please correct me if I'm wrong), which tells me that the "free" states are sort of free in name only? 

My guess is:

If you are operating as a money transmitter in a state that doesn't require a license; then you would only need to register with FinCEN. But that would be if you are only doing business in that state. With the current guidance of FinCEN (until/if it is further clarified), the advantage I could see; is a miner would then be able to sell units that he/she mined on an exchange such as BTC-E. Again this is only a guess, as I'm not a lawyer.
Would South Carolina and Montana then be good places to install Bitcoin ATMs?
4403  Economy / Economics / Re: What do you think is a safe market cap to reduce volatility? on: July 21, 2013, 06:54:48 PM
This begs the question that Bitcoin volatility can be reduced. Historically, the price is stable when volume is low. Some folks hypothesize that very high volume will create stability as well. I think that Bitcoin requires us to think about volatility as a long term metric. Extreme volatility that would otherwise kill any other financial device is the lifeblood of Bubblecoin.
4404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 13, 2013, 09:34:00 PM
There are probably an infinite number of primes. Really, how scientifically useful is this endeavor?
4405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 12, 2013, 09:00:49 PM
Not sure if this has been asked, but is there inherent value in the primes themselves? Can we extract them and sell them?
4406  Bitcoin / Bitcoin Discussion / Re: Bitbill Patent Published - Encompasses Physical Bitcoins and Paper Wallets on: July 12, 2013, 08:54:11 PM
hmm so bitbill's is the new 'treasury' office of bitcoin..Huh? the only ones legally entitled to make physical bitcoins if the patent is granted.

if true, this goes totally against the grain of bitcoins freedoms.

edit:
Quote
0077] FIG. 9--Bitbills are Bitcoins in tangible form

meanwhile litecoins are unaffected
If I recompile my client and change the name, it will then be cbeastcoinbtc and hence unnafected.
4407  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] [FASTER!] Mining PrimeCoin using DigitalOcean (VPS) on: July 12, 2013, 02:31:20 AM
I made two 2 CPU drops in NYC. They are both averaging about 300 pps.  Here is my settings:
edit: using Ubuntu 13.04 64bit
Code:
sudo dd if=/dev/zero of=/swapfile bs=64M count=16
sudo mkswap /swapfile
sudo swapon /swapfile

apt-get install git
git clone https://github.com/primecoin/primecoin.git
apt-get install build-essential libssl-dev libboost-all-dev libdb5.3++-dev -y
cd ~/primecoin/src
make -f makefile.unix USE_UPNP=-
mkdir ~/.primecoin
echo "rpcuser=username
rpcpassword=AVeryLongComplexOne
gen=1" > ~/.primecoin/primecoin.conf
sudo mv primecoind /usr/local/bin/.

primecoind --daemon
4408  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] [FASTER!] Mining PrimeCoin using DigitalOcean (VPS) on: July 11, 2013, 05:33:37 PM
I have been unable to get a block in two days. Now I am only getting 1 and 0 PPS. I rebooted the drop, but it didn't help.
4409  Economy / Speculation / Re: Thank you to all the Terrified BTC Sellers! on: July 10, 2013, 05:08:08 AM
Not voting is capitulation. It's like selling all your bitcoins because your holdings don't make a difference. This is why we don't have nice things.
4410  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Mining PrimeCoin using DigitalOcean (VPS) on: July 09, 2013, 09:49:01 PM
Where is the wallet stored?
4411  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Mining PrimeCoin using DigitalOcean (VPS) on: July 09, 2013, 08:13:17 PM
I was able to get one droplet to work. The second one keeps giving me this:

root@primecoinminer1:/# primecoind --daemon
-bash: /usr/local/bin/primecoind: cannot execute binary file
4412  Economy / Speculation / Re: Imminent fall ? on: July 09, 2013, 06:01:49 AM
It's not Fall until September.
4413  Bitcoin / Development & Technical Discussion / Re: The network is flooded with spam on: July 08, 2013, 08:57:46 PM
Rather than think of this as a weakness, can it be turned into a strength? WoT is just another word for subscription based transaction clearing houses. The network will evolve into that eventually. In the meantime, is there something useful that can be created from this exploit?
4414  Bitcoin / Press / Re: 2013-07-08 Announcing Jon Matonis as Executive Director of Bitcoin Foundation on: July 08, 2013, 06:48:18 PM
gweedo, I am just curious who you would rather see as the "face of bitcoin"
4415  Bitcoin / Press / Re: 2013-07-08 Announcing Jon Matonis as Executive Director of Bitcoin Foundation on: July 08, 2013, 06:22:40 PM
Excellent news. Jon is articulate, savvy, even tempered, and as nuts about Bitcoin as anyone can be.
4416  Economy / Speculation / Re: Will it go above 80 or shy back to 70? on: July 08, 2013, 03:40:27 PM
Most walls vaporize, propelling price in that direction. So, floor-wall = expect downward price; ceiling-wall = expect upward price.

This last ceiling-wall not rocketing us to da moon has me scared a bit... Why no longer working?  Huh

The Bitcoin trading playbook is constantly changing. I'm calling this big sell wall The Tsunami. Watch it suck the price down and then sweep down back to 70.
4417  Economy / Speculation / Re: The reason why I'm invested in Bitcoin. on: July 08, 2013, 05:31:56 AM
http://www.youtube.com/watch?feature=player_detailpage&v=uNUzYEDxBEw#t=62s

nothing new
4418  Economy / Speculation / Re: Prices to fall below $50 on: July 08, 2013, 03:43:03 AM
I strongly doubt so, I think it is rebounding right now


It *IS* a CAT... and it *IS* BOUNCING.


4419  Alternate cryptocurrencies / Altcoin Discussion / Re: Is XRP ripple atomic, or can it be split into smaller units like bitcoin? on: July 07, 2013, 04:20:48 PM
What does it matter? XRP can be increased infinitely by Opencoin, Inc. at any time.
4420  Bitcoin / Press / Re: 2013-07-01 Bitcoin Wallet in Africa - www.kipochi.com on: July 07, 2013, 03:44:02 PM
I really do hope financial revolution starts from Africa out. The people there need it more than anyone else.
Mater artium necessitas
Pages: « 1 ... 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 [221] 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 ... 437 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!