Bitcoin Forum
June 24, 2024, 12:42:29 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 [325] 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 ... 463 »
6481  Bitcoin / Bitcoin Technical Support / Re: Zero active connections to bitcoin network message on: May 09, 2012, 07:43:36 AM
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.
6482  Other / Beginners & Help / Re: Betting with BTC on: May 09, 2012, 07:40:11 AM
How does betting with BTC's work?

Essential reading:
 - http://bitcointalk.org/index.php?topic=75883.0
6483  Other / Beginners & Help / Re: WTB: Services: Need Developer to Modify Shopping Cart on: May 09, 2012, 07:34:59 AM
Would you consider at least saying what language the developer would be using?
6484  Economy / Marketplace / Re: Get-Bitcoin.Com: Reviews Thread on: May 09, 2012, 07:20:10 AM
I just did a google search and get-bitcoin.com was using a script to dynamically grab my search criteria.

Details?
6485  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: May 09, 2012, 07:18:21 AM
Seals will be going down for 30-60 minutes in about 15 minutes.

Getting the browser warning for the site:
Quote
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.
6486  Bitcoin / Bitcoin Discussion / Re: [VIDEO] New Animated Bitcoin Video! "Screw Banks" make it viral! on: May 09, 2012, 06:50:35 AM
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:

Quote
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=t

So, 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!
6487  Other / Beginners & Help / Re: Bitcoin with Paypal? on: May 09, 2012, 05:47:57 AM
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.com

If you are Scandinavian, a PayPal debit card might be used here:
 - http://www.BitcoinNordic.com

Physical Bitcoin, paid for with credit card:
 - http://memorydealers.com/catalogsearch/result/?q=bitcoin

The 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
6488  Economy / Currency exchange / Re: WTS 250btc for Dwolla on: May 09, 2012, 05:09:38 AM
You might also wish to post in the following thread ... there are people with Dwolla who can't move it to Bitcoin exchanges due to the 30 day restriction and they get advised to check that thread for sell orders.
 - http://bitcointalk.org/index.php?topic=78512.0

Additionally, if you weren't aware, you can place a sell order in the #bitcoin-otc order book and request Dwolla funds.  Regardless if you sell through -otc, you can use the -otc Web of Trust (WoT) to lessen the risk of getting defrauded.
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://bitcoin-otc.com/viewratings.php
 - http://www.bitcoin-otc.com
6489  Economy / Trading Discussion / Re: PHP martingale bot for satoshiDICE on: May 09, 2012, 02:42:35 AM
I love Satoshidice.  Fun as hell.  That being said... Scripting a -EV game is bad news...lol

New to the gaming field, had to look it up:

 - http://en.wikipedia.org/wiki/Expected_value
6490  Economy / Securities / Re: Will GLBSE ever be lowering its prices? on: May 09, 2012, 02:24:02 AM
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.htm

And exchanges such as NASDAQ had to request permission to do sub-penny:
 - http://marketswiki.com/mwiki/Sub-penny_quoting

But 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.
6491  Bitcoin / Bitcoin Discussion / Re: use *coin for rating points in a news portal (or blog)? on: May 09, 2012, 01:04:06 AM
Do you like to receive a tip for 0.0005 or are you happier to see 0.5 or even 5? Smiley 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.
6492  Bitcoin / Bitcoin Discussion / Re: [ANN] Max Keiser's website PirateMyFilm.com now accepts Bitcoins! on: May 09, 2012, 12:35:19 AM
The first bitcoin-funded project on PMF has been released!

 - http://www.ScrewBanks.net
 - http://www.youtube.com/watch?v=5CrOKDOyW-Y


Thread for the release:
 - http://bitcointalk.org/index.php?topic=80190.0
6493  Bitcoin / Bitcoin Discussion / Re: [VIDEO] New Animated Bitcoin Video! make it viral! on: May 09, 2012, 12:32:25 AM
FYI, the origins of the project:
 - http://bitcointalk.org/index.php?topic=52109.0

And a blog post referring to the bitcoin-based crowdfunding:

Quote
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

6494  Bitcoin / Bitcoin Discussion / Re: "Screw Banks, Use Bitcoins" Video Project listed on PirateMyFilm.com on: May 09, 2012, 12:27:46 AM
As a bookend to this thread:

Released!
 - http://www.ScrewBanks.net
 - http://www.youtube.com/watch?v=5CrOKDOyW-Y

New thread on the topic:
 - http://bitcointalk.org/index.php?topic=80190.0

6495  Other / Beginners & Help / Re: Dwolla headaches on: May 08, 2012, 10:31:29 PM
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.
6496  Bitcoin / Bitcoin Discussion / Re: So I was checking my referral logs ... on: May 08, 2012, 09:46:23 PM

 - http://en.bitcoin.it/wiki/Public_relations
6497  Bitcoin / Legal / Re: Discussion of Leaked FBI Report on Bitcoin- April 2012 on: May 08, 2012, 09:38:55 PM
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.pdf

They 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:

Quote
"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.
6498  Bitcoin / Legal / Re: Legality of IPOing securities on GLBSE on: May 08, 2012, 08:02:41 PM
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:

Quote
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?
6499  Economy / Securities / Re: Will GLBSE ever be lowering its prices? on: May 08, 2012, 07:18:21 PM
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).
6500  Bitcoin / Bitcoin Discussion / Re: Bitcoin FBI Report April 2012 on: May 08, 2012, 10:38:08 AM
The PDF of the report is available from this thread on another forum -- a straight download (click the link: Download in pdf format).
 - http://www.bitcointrading.com/forum/index.php?topic=525.0
Pages: « 1 ... 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 [325] 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 ... 463 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!