I'm traveling in Eastern Europe and want send some BTC. I have "what SEEMS to be" pretty fast internet access, yet my wallet says
Zero active connections to bitcoin network message in the lower right corner
Can anyone make a suggestion or explanation so that I can expedite the transfer?
Also, there were various network issues in older releases that have since been resolved, if that might be your problem. |
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Would you consider at least saying what language the developer would be using?
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I just did a google search and get-bitcoin.com was using a script to dynamically grab my search criteria.
Details? |
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Seals will be going down for 30-60 minutes in about 15 minutes.
Getting the browser warning for the site: Your connection to sealswithclubs.eu is encrypted with 256-bit encryption. However, this page includes other resources which are not secure. These resources can be viewed by others while in transit, and can be modified by an attacker to change the behavior of the page. |
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There are definitely good things about the video, but I have big problems with a number of elements.
(1) The "Occupy Wall Street" movement is anti-capitalist I didn't see anything resembling OWS specifically in there. I don't like seeing bitcoin associated with anti-Wall Street sentiment. Might you consider why this particular headline was included in Bitcoin blockchain - Block 0: The coinbase parameter (seen above in hex) contains, along with the normal data, the following text[1]:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
- http://en.bitcoin.it/wiki/Genesis_block(2) The idea of brokers "stealing" from clients is ridiculous. If your broker is stealing from you, you should take them to court and get a new broker. Speaking of, ... has anyone heard if anyone from MF Global or JP Morgue been charged with a crime yet? (3) The notion of "screwing" the banks is insulting and juvenile. "We" (the "bitcoin community") are not out to screw anyone. I interpreted the use of that word as a slang word used in the following referenced from Dictionary.com: screw off, Slang . b.) to leave; go away. - http://dictionary.reference.com/browse/screw?s=tSo, not as in "to cheat" but as in, "stop using them" or "forget them!" In contrast, I believe that someone could create a video that has a high degree of emotional appeal, while still arguing for bitcoin intelligently.
There was more than $1,500 raised for this project, but I believe even that didn't cover all the costs. If a crowdfunding effort to do that as you describe, I'ld contribute! |
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What it's like? Well, it's like buying a can of Coke from a hotel vending machine. You know that it shouldn't cost more the same as the can of Coke from 7-eleven, but the only option if you really want it is to pay up. With VirWoX you can buy SLL using PayPal, then trade SLL for BTC: - http://www.VirWoX.comIf you are Scandinavian, a PayPal debit card might be used here: - http://www.BitcoinNordic.comPhysical Bitcoin, paid for with credit card: - http://memorydealers.com/catalogsearch/result/?q=bitcoinThe reason there are so few options with PayPal as payment is that PayPal expressly prohibits a merchant to use PayPal for the sale of Bitcoins. Additionally, because the payment can be charged back easily, merchants that o have some angle must charge a higher fee to do so. - http://en.bitcoin.it/wiki/Payment_methods |
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There is no regulation that prohibits smaller tick size (or at least none I know). For lower priced equities (<$5? <$1? something like that) NYSE uses a tick of $0.001. It appears there is such a restriction for equity securities: - http://www.sec.gov/divisions/marketreg/subpenny612faq.htmAnd exchanges such as NASDAQ had to request permission to do sub-penny: - http://marketswiki.com/mwiki/Sub-penny_quotingBut that is for equity securities. Perhaps BitFloor and Camp BX are using a dose of caution, or just chose penny increment so as to not give bots / automated trading the advantage that sub-penny provides? Personally I think 1 cent is a little too restrictive when the asset is trading around $5.00 I watch the bots on Mt. Gox sit just above my bids or just below my asks and feel frustrated when theirs will trade and mine don't, thanks to decimalization precise to 5 or 8 digits. On the other hand, I've benefited from trading where I've been able to get in just ahead of the bid wall or ask wall thanks to decimalization where instead with penny increments my order might not get filled if I was among the most recent orders at that price and the wall doesn't get broken through. So I guess I'ld prefer the exchange to not have any restriction as sub-penny works for me sometimes. |
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Do you like to receive a tip for 0.0005 or are you happier to see 0.5 or even 5?  Humans like the bigger numbers. .0005 BTC is 0.5 millibits (mBTCs). That's the denomination Ogrr uses. I started to think about using LTC (litecoin)
If you are doing an internal thing where withdrawal isn't allowed then why even mess with BTC. Just call them credits, like what Quora does, for example. And when you do eventually want to allow cash out, just peg X number of credits to 1 BTC. (e.g., 1000 site credits = 1 bitcoins). That's what SealsWithClubs.org does, for example. |
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FYI, the origins of the project: - http://bitcointalk.org/index.php?topic=52109.0And a blog post referring to the bitcoin-based crowdfunding: The video started out as a project on Max Keiser (@MaxKeiser)’s Pirate My Film (PMF) (@PirateMyFilm) crowdfunding platform. Pledges at $5 and up were made by the Bitcoin community, and once the project was fully funded, the only way to send funds was with bitcoins.
The project had the goal of $1,500 USD but the project was oversubscribed and and extra 15% of funds were collected from 114 “shareholders”. Though PMF does offer equity-based projects and each $5 contribution is referred to as a share, this particular project was not pitched as a revenue-generating film so there will be no dividends given to contributors, which the site labels as “shareholders”. Screw Banks was the first project on PMF in which Bitcoins were accepted for payment. - http://www.bitcoinmoney.com/post/22683633233 |
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Pretty angry. Deposited $75 into my new Dwolla acct, waited a week for it to clear, and now they want me to wait 30 days before I can exchange it with mtgox. Will definitely not be using Dwolla ever again.
Well, after thirty days that restriction is no longer in place for you so if you ever do wish to resume using Dwolla, it will be a quicker path by then. |
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I didn't see a link to the PDF (image-based) yet so there's this here: - http://heikki.zerodistance.org/bitcoin/92797476-FBI-Bitcoin-Report-April-2012.pdfThey also mention the $1,000 a day threshold does not apply
Source 'Additionally since any third-part Bitcoin services falls under the MSB rule would do so as a money transmitter, there is not a transaction threshold (such as 1,000 per day) that must be met for regulations to apply, unlike dealers in foreign exchange or issuers or sellers of checks or monetary instruments'
I wonder if it is because they are considering Bitcoin to be a form of prepaid access (formerly called "stored value") then that this applies? I'ld love to see this challenged with the argument that Bitcoin is a commodity, not a form of "prepayment of value" (as a person buying a bitcoin does not get in exchange a claim that can be later redeemed to get funds back.) And just an interesting observation from the report: "All Bitcoin transactions are published online and Internet Protocol (IP) addressses are linked to the public Bitcoin transactions. If a user does not anonymize his or her IP address, an interested party can identify the individual's physical location. (13, 14)"
Where that claim comes from is a misunderstanding by the author of an article from the media (see #14 in the report). There is the ability to monitor nodes (such as what Blockchain.info does) and learn which node (of the ones monitored) that happened to be the first to relay the transaction. That may not necessarily be the node of the individual making the transaction, particularly if the individual configures the client in a manner so that the chances of detection are less, even without using Tor or other method for IP address anonymity. |
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IANAL, but it seems that anyone who lost any money on GLBSE has a valid claim against someone, I wonder if some of these listings, even though they are structured as "shares" of "assets", are no different than a normal contract between two parties. Party A can contract with Party B to buy some GPU hardware and apply electricity where then party A receives the agreed upon net results of that activity as "dividends". I too am not a lawyer and won't even speculate as to whether or not a regulator would or could do anything for someone who lost funds "investing" in an "asset" on GLBSE. Following is a recent example of where the UK and the U.S. (SEC) went after fraud by an online business operating from the UK. The SEC asserts jurisdiction because: Conduct by the defendants occurring outside the United States had a foreseeable substantial effect within the United States. - http://www.onwallstreet.com/news/stock-picking-SEC-2678481-1.html?zkPrintable=1&nopagination=1 - http://www.sec.gov/litigation/complaints/2012/comp-pr2012-72.pdf (SEC complaint) Of course, this was an easy case for the agency -- there was evidence of pump and dump fraud occurring, the fraudsters misrepresented what they were doing and didn't disclose their positions to their customers, they weren't licensed brokers, etc. Consider something like SATOSHISDAEMON "asset" on GLBSE. If the horse doesn't perform well enough the "asset" share price will drop, potentially resulting in a complete loss of funds. Offering this "investment vehicle" to the public might be in violation of securities regulations in certain jurisdictions. But I doubt a complaint to the SEC in hopes of recouping losses would result in much of anything in response, nonetheless the agency going in to try and "disgorge" funds from anyone. As far as being able to use the legal system for relief would, I suspect, make the words in the contract for the "asset" really important. There is no such legal concept of having a share of a "project". (Thank Kickstarter for spreading that type of thinking.) So let's say a programmer has this idea, say to develop a bot that will do market arbitrage, and then creates an "asset" on GLBSE-- there doesn't seem to be anything the shareholder has a claim to. Slavery is illegal, and illegal contracts are unenforceable using the law so a "shareholder" has no valid claim against the programmer's assets or income (including profits or revenues from any other projects the programmer might be involved in). So the more important question probably isn't "Is it legal to IPO and be listed on GLBSE" the better question is, why would anyone be an investor in a "security" where there's nothing real that is owned? |
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That would create a spread of 1 satoshi which is nirvana for a market. Why would that be a bad thing?
Everyone wins under such a situation.
I notice the same thing with the U.S.-based bitcoin exchanges (Camp BX, BitFloor). Bids and asks can only be placed at one penny ($0.01) increments at those exchanges. You'll have tighter spreads than $0.01 on Mt. Gox but never closer than $0.01 on Camp BX and BitFloor as a result (of U.S. regulation, presumably). |
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