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5561  Bitcoin / Bitcoin Discussion / Re: I'm fucking out. bitcoin will be over soon..confirmed. on: January 23, 2015, 11:27:22 AM
Bitcoin use to be worth much less its still worth way more then most other currencies what other currency is worth $200 per 1 of them. None. Good try though Bitcoin will continue to be used and even if it was at 1:1 ratio with dollar it would still beat out most other currencies in the whole entire world.

but if bitcoin rate back to 1:1 ratio with dollar it means Game Over for bitcoin world Smiley

If your 'game' is to 'get rich quick' then yes, it would be a 'game over' for you, but not necessarily for bitcoin as a project.
5562  Bitcoin / Bitcoin Discussion / Re: Dont Ask, Dont Tell! on: January 23, 2015, 11:25:18 AM

All the news about this case are very vague and misleading. Apparently the guy didn't get sentenced for selling bitcoins but for illegal money transmitting.

As explained by seriouscoin in other thread:


Stupid fcking media at its best. Spreading BS titles and intentionally mislead general public about the "news"

There is no " involvement in an underground Bitcoin exchange selling the digital currency to users of the black market website Silk Road." charge. The charge is "unlicensed Money transmitter"

Basically he sold and bought BTC on behalf of his client. The key here is "behalf of someone else, ie. brokerage ". He did not buy or sell bitcoins for himself.

Another charge was tax offense related which often called "money laundering". Funny word for not paying the government their shares

All that add up to his sentence.


5563  Bitcoin / Bitcoin Discussion / Re: #### POLL#### Bitcoin Donation to Wikipedia on: January 23, 2015, 11:16:50 AM
Already donated, twice.

They started to accept BTC around Aug last year.

Wikipedia Raises $140k in First Week of Bitcoin Donations:

http://www.coindesk.com/wikipedia-raises-140000-first-week-bitcoin-donations/

Lock thread?
5564  Other / Meta / Re: And we are Back!! on: January 23, 2015, 10:37:19 AM
Guys on C-CEX were saying that it was a 300 gb DDOS attack. Don't know for sure.

Nope, just RAID array failure. DDOS wouldn't cause data loss.
5565  Other / Meta / Re: looks like a few posts were deleted... on: January 23, 2015, 07:40:05 AM

Quote
About 8 hours of data was lost (anything after about Jan 21 21:44 UTC).


I've lost ~5 post + 1 thread I started is gone.

But good to see forum is back.
5566  Other / Meta / Re: And we are Back!! on: January 23, 2015, 07:33:31 AM

Ah but this one is in Bitcoin discussion on a bitcoin forum
It fits here as well as over there  Wink

I expect this to be the one of several more similar threads for the day lol

And there's an official thread made bt Theymos:

https://bitcointalk.org/index.php?topic=932315.0
5567  Other / Meta / Re: And we are Back!! on: January 23, 2015, 07:20:05 AM
Good to see the forum up and running again, but shame a lot of posts/threads have been lost forever.
5568  Bitcoin / Bitcoin Discussion / Re: LIGHTHOUSE - Bitcoin-Powered Crowdfunding App Has Launched! on: January 21, 2015, 08:59:16 PM

OK, I downloaded it but couldn't get it started on win 32 bit.

5569  Other / Off-topic / Re: Lighthouse test fundraiser for Seoul Bitcion - raising 0.1btc on: January 21, 2015, 08:56:56 PM
I was hoping to test it out and send you 50 cents but no luck installing the application on win 32bit  Embarrassed
5570  Other / Beginners & Help / Re: Free service movie request/collector on: January 21, 2015, 08:16:15 PM
i want to ask about legal or illegal
if the Ops buy an original copy then he make online streaming website with that copy
it is legal or illegal ?

It's illegal. Standard end-user agreement only allows the private (home) use. There's usually some sort of disclaimer somewhere, either on the box or at the beginning of the movie.

To legally re-distribute protected content (or make it publicly available) he would need to enter into separate agreement with whoever holds the rights (or obtain a licence).
5571  Bitcoin / Bitcoin Discussion / Re: Justice Is Served I Guess on: January 21, 2015, 05:28:11 PM
Quote
Robert Faiella, 55, was sentenced by U.S. District Judge Jed Rakoff in Manhattan after pleading guilty to operating an unlicensed money transmitting business.

OK, I'm missing something here.

At that time bitcoin was considered digital asset (or better yet, its legal status wasn't clear). The guy was selling the asset on Shrem's platform (which was registered as legal business), so how is that making him a "money transmitter"? How did he brake the law (apart from not paying taxes on gains)?

How's selling something on ebay (including bitcoin) different than selling on bitinstant?
In the U.S. you can not have a business that moves BTC for dollars without a Money Transmitter License. You would be operating a Money Service Business. This is why bitcoin ATMs have not caught on here. The licensees are state by state and can cost as much as 25 million dollars for one state.
If you find this law unfair, then call your elected officials. They are the only people who can change this.  

But was it clear at the time SR was operating? If there was no official guidance from authorities on how to treat bitcoin, the guy had every right to sell it just as any other asset (since it wasn't officially recognised as currency or financial instrument).

Actually at what point do you need MT license for selling BTC? Is there any trading threshold? Can you legally sell BTC1 for cash, as one-time sell, not a business activity?

Edit:

Now, this would make sense:

Stupid fcking media at its best. Spreading BS titles and intentionally mislead general public about the "news"

There is no " involvement in an underground Bitcoin exchange selling the digital currency to users of the black market website Silk Road." charge. The charge is "unlicensed Money transmitter"

Basically he sold and bought BTC on behalf of his client. The key here is "behalf of someone else, ie. brokerage ". He did not buy or sell bitcoins for himself.

Another charge was tax offense related which often called "money laundering". Funny word for not paying the government their shares

All that add up to his sentence.

5572  Economy / Gambling / Re: PocketRocketsCasino.eu - 165BTC max payout! New updated website + promos on: January 21, 2015, 05:16:58 PM

Dean, you never got back to me on this:

...
Dean, is there any way to send a tip to a player who is not online?

Seems the only way to tip is to click on a name in chat, or in 'players online' tab. When I click player on my affs list all I get is his stats. Would be great to have tip option there, it could be very useful for referral promos etc.

It would also be great if you could throw in a few simple ad banners that people could use for promos. Something like FortuneJack did. Few banners of most popular sizes will do.
5573  Bitcoin / Bitcoin Discussion / Re: Justice Is Served I Guess on: January 21, 2015, 05:07:58 PM
Quote
Robert Faiella, 55, was sentenced by U.S. District Judge Jed Rakoff in Manhattan after pleading guilty to operating an unlicensed money transmitting business.

OK, I'm missing something here.

At that time bitcoin was considered digital asset (or better yet, its legal status wasn't clear). The guy was selling the asset on Shrem's platform (which was registered as legal business), so how is that making him a "money transmitter"? How did he brake the law (apart from not paying taxes on gains)?

How's selling something on ebay (including bitcoin) different than selling on bitinstant?
5574  Other / Beginners & Help / Re: Free service movie request/collector on: January 21, 2015, 04:34:27 PM
No legal movie are free. ...

Not quite true, here are some examples:

http://blogs.canoe.ca/parker/news/100-movies-in-the-public-domain/

How about creating a website with free legal movies? To stream or download.

Obviously you won't have any of the biggest/newest productions, but with the right promotion and SEO you could build a 100% legit source of income (from ads/affiliate programs etc).

I'm not aware of any website that would offer that.
5575  Bitcoin / Bitcoin Discussion / Re: BTC Promotion project in BCN - my Kickstarter that never was - help appreciated! on: January 21, 2015, 04:10:45 PM
Since you have a BTC based project, maybe launch it over this new crowdfunding platform instead, Lighthouse:

http://www.coindesk.com/bitcoin-powered-crowdfunding-app-lighthouse-launches-open-beta/

I'm not entirely certain how the app works, but it's supposed to be decentralized and work on top of the Blockchain:

https://www.vinumeris.com/lighthouse

Worth a shot.

Thanks for the suggestion, I checked out that story on coindesk but it seems not to be open to the public yet. I could be wrong, I'll check it out in more detail Smiley

It's pretty fresh project, article is from yesterday and according to it the beta version is available for download.

Could be worth a try. Nothing to lose.
5576  Economy / Economics / Re: Your blueprint to annihilate the Rubble... on: January 21, 2015, 03:48:45 PM
And how's that bitcoin related again?

Wrong forum?
5577  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: AskCoin.Net - Fast Exchange - New released coins added immediately on: January 21, 2015, 03:41:25 PM

I'm considering signing up, was doing some research and apart from the spam issues (see trust rating of askcoin2) I came across this:

I transferred some BlackCoins to askcoin.net because the market history showed some profitable trades.  My asking price was the lowest, and they sat there all day yesterday.  There were trades both below AND above my ask, yet when I checked the Top Sell Orders and Top Buy Orders throughout the day (every hour or so) there were no changes to them.  Seems fishy, like maybe the site owner is putting in phony history info to get folks to make deposits.  Am I missing something?

Care to address this issue?
5578  Bitcoin / Bitcoin Discussion / Re: LIGHTHOUSE - Bitcoin-Powered Crowdfunding App Has Launched! on: January 21, 2015, 02:40:18 PM

Anyone downloaded it yet? Any opinions? I'll try to do it later today.

It would need to get a few thousands of users to get this going at the decent level.

There's a test fundraiser going on:

https://bitcointalk.org/index.php?topic=931441.0
5579  Other / Beginners & Help / Re: What % of an entire Bitcoin is 1 millibitcoin mBTC on: January 21, 2015, 02:24:29 PM
For those who struggle with metric system, how do you feel about the idea of bitPound (= BTC0.453592) and bitOunce (0.0625 of bitPound)  Smiley

Better?
5580  Other / Beginners & Help / Re: Free service movie request/collector on: January 21, 2015, 02:05:36 PM
I already started and have about 10 new released movies. Just ask people opinion. If have good respond from this forum, I can make announcement here and do some giveaways

So how would that work? If I want to watch 'Rambo 7' or whatever, I need to request that and wait (how long?) till admin finds the proper link (if ever)?

I've seen a few sites of that sort, but they would just upload/provide links to any new movie they could find and let people choose from whatever was available. If you wanted to watch newest releases in good quality without annoying ads, you had to pay for premium account etc.

But since it's not quite legal, all such sites have a short life, and they're being closed one by one. Be very careful with that kind of activity.
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