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6921  Other / Beginners & Help / Re: Help with transferring wallet on: April 15, 2012, 10:19:16 PM
The bitcoin folder under program files doesn't have a wallet.dat file, that's what is confusing me.

A new installation of Bitcoin doesn't come with a wallet.dat

Each time the bitcoin client is launched it checks for wallet.dat.  If none exists, it will create a new one.

So simply copy your wallet.dat from the backup to the Bitcoin data directory and launch Bitcoin.  It should load the wallet.dat just fine, even though it is from a prior release.
 - http://en.bitcoin.it/wiki/Data_directory#Default_Location
6922  Bitcoin / Bitcoin Discussion / Re: What "Known Celebrity" would be down with Bitcoin? Seriously on: April 15, 2012, 09:33:25 PM
Just think if instead of it being the Canadian Mint issuing MintChips it was Oprah issuing OWNCoins (same technology, different brand).

Or how about a simple celebrity-owned coin relay ..  you send 1.1 BTC and get back 1.0 BTC from Bieber!   Think of it as like getting an autograph.
6923  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: April 15, 2012, 09:24:29 PM
Five tables running simultaneously for the Black Friday freeroll event (i.e., in addition to the other freerolls).

That breaks the site's record participation to-date right?
6924  Bitcoin / Development & Technical Discussion / Re: Bitcoin smartcard Point of Sale terminal on: April 15, 2012, 09:17:46 PM
When a card is swiped the "merchant acquirer's" bank/card processor is contacted to effect clearing settlement.

Square is the "merchant" in the traditional sense of how a card swipe transaction transaction occurs.  Square can do whatever they want with the proceeds.   They just happen to, today, sweep those proceeds (less 2.75%) to the Square dongle account-holder's bank account.  If they instead wanted to let their account-holder's accumulate a balance for all card-swipe payments received, they could do that.

I cannot yet imagine how Square is not just another interface into the Visa/MC networks.

Today, that's all they are.  But they aren't making much money because they charge just a 2.75% swipe fee and are in-turn paying most of that out in fees as well.

But once Square adds the concept of a wallet, then if a Square user (Alice) does a $100 sale she gets $97.25 but she lets it sit in her Square wallet.  Then when she uses it to send money to another Square user (Bob) , Square gives Bob just $94.57 ($97.25 less 2.75%) and keeps the $2.68 difference.   That' how PayPal has been functioning since 2001.  There's nothing tricky about it.
6925  Bitcoin / Bitcoin Discussion / Re: What "Known Celebrity" would be down with Bitcoin? Seriously on: April 15, 2012, 07:41:29 PM
Reviving a very old thread here but this post isn't really worth starting a new one.

Dwolla just got a nice boost, showing up in Google Trends (below) thanks to the revelation that Ashton Kutcher was an investor.



 - http://www.google.com/trends/?q=bitcoin,+dwolla&ctab=0&geo=all&date=mtd&sort=0



Keep in mind that endorsements are one thing, active support is another. We need someone that sells stuff, so let's keep it to musicians, software, and possibly some other stuff.

Right. The celebrity's job is doing what celebrities do ... not pumping their own investments.

Otherwise, the restaurant chains at which Kutcher is the main celebrity investor would be switching over to Dwolla ...
  http://www.dolcegroup.com/new-files/website-files/Dolce_Group_-_main/gift_cards.html  <-- PayPal only!

But the free press certainly didn't hurt Dwolla.
6926  Other / Politics & Society / Re: U.S. CrowdFunding Bill Passes, CAPS Advisory Panel on: April 15, 2012, 09:53:49 AM
Public comments may be submitted here:
 - http://www.sec.gov/spotlight/jobsactcomments.shtml

The comments do require name and e-mail address and those are disclosed publicly, so keep that in mind if you are submitting anything.

I think I now understand why there was this understanding that "shares can't be sold" within the first year.  It might have to do with staying under the 500 unaccredited shareholders restriction.    So if you  were to start selling your shares to others in the public it wouldn't take long that in total there would be more than 500 unaccredited investors, and then certain (restrictive and expensive) reporting requirements come into being.

The expectation then is that the shares will be issued as being non-transferrable.
 - http://1billionangels.com/2012/04/13/summary-of-april-11-sec-panel-discussion-on-the-jobs-act/

Obviously, even when crowdfunding in the U.S. does start happening next year, it will not look like what investors and companies really want it to be.
 
6927  Economy / Service Announcements / Re: [Announce] Coindl.com - a new digital downloads marketplace powered by Bitcoin on: April 15, 2012, 04:56:31 AM
Looks like you've got a couple purchases to make

Done!

as two quality albums

I thought those might be single songs for download as the prices are 0.099 (about $0.50 USD) and 0.1999 (about $1.00 USD).  But it is an entire album.  Maybe there needs to be a subcategory?   Music -> Albums, Music -> Single

Anyways, this was my first music purchase and the experience was slick.  The popup for "buy" an item shows the bitcoin address but as soon as I sent the bitcoin the link appeared for "download" (on 0/unconfirmed).  That's great!  

I also wanted to test usability, so I sent a partial payment.  No response, though I wasn't really expecting one.  But then as soon as I sent the remainder, ... the popup switched to showing the download link instantly.

Another test was what if I somehow navigated away without seeing the download.   After going back to the item and clicking the buy button again instead of being asked to pay (yet again), it just showed the download link  -- it remembered me and knew that I had already paid.

Nice work.

So there's still my 1.7002 BTC remaining for new music!
6928  Economy / Service Announcements / Re: [Announce] Coindl.com - a new digital downloads marketplace powered by Bitcoin on: April 15, 2012, 12:13:58 AM
1,775 views this thread has received now, and there are less than a dozen new songs that have been added since launch.

Whiskey,

... Tango,

.....     Foxtrot!

Seriously?

How many of us play music or know someone who does?    Come on ... I can only listen to Funky Coins just so many times before I need something new in the playlist:
 - https://www.coindl.com/page/item/91

How about taking pledges for certain artists or music genres even.  For instance, let's say I'm looking for dubstep.  I might pledge .2 BTC towards the first dubstep song to be listed on the site.  Or for specific artists -- if some pledges were made that proven revenue might help be what persuades the artist to sign up and upload.

Ok, so I'll do my part to help get this party started.   I'll pledge to buy at least 2.0 BTC worth of new music that appears over the next week.   If there is only one new song (priced at 0.2 BTC for example) then I guess I buy 10 copies it.  Preferably, I'll have my choice of 10 new songs to choose from, or a new album upload, etc.

Is anyone going out tonight?  Consider going to a place that has open mic or has a local band playing.  Pitch CoinDl to the musicians.  It costs them nothing but a few minutes of their time.  For every sale that occurs the seller gets 80%.   Set it and forget it, the coins from sales will arrive without doing anything else. Offer to set it up for them, if they're claiming to not have enough time or don't know how.

CoinDL got headlines in the music world with a story describing it as being the iTunes for Bitcoin.   It's way too early to get that title, but everything big once started small.

Anyone care to lend a hand here and help towards getting some new content on CoinDL?
6929  Bitcoin / Project Development / Re: [ANNOUNCE] BitcoinNordic: Instant Bitcoins with Scandinavian credit cards on: April 14, 2012, 11:07:24 PM
This thread doesn't describe it but I see that Bitcoin Nordic will also cash out to PayPal or to a bank account (with withdrawal being free or inexpensive in a few countries, and international transfer to other countries as well):
 - https://bitcoinnordic.com/sell
6930  Bitcoin / Development & Technical Discussion / Re: Bitcoin smartcard Point of Sale terminal on: April 14, 2012, 10:41:17 PM
How would Square switch to having accounts?

Or a "wallet", if that is a better term for it.  These are simply accounts that carry a balance, just like what PayPal, Venmo, Dwolla, American Express' Serve, etc. all have.

Whose accounts? The customer's or the merchants?

I think you are confusing what I am saying with the old "merchant"-centric models.  Square is P2P, except one side doesn't necessarily need to have a square account -- just a magstripe card.

Every person running the Square app can be a merchant though.  So there really isn't the concept of "customer" and "merchant" anymore -- at least not to Square (and Dwolla, and Venmo, and PayPal, and Serve, and ... ).

And just to clarify, that person who just swipes a magstripe card doesn't have an "account" with Square.

How would funds get into those accounts?

Same ways as with PayPal, Dwolla, Serve, Venmo, etc.  One way is to receive a payment from someone else and just hold onto it rather than having it simply pass through and funds withdrawn to a bank account.  Or the funds can be add using an ACH pull, just like how PayPal, Dwolla, VenMo, Serve, etc. do it.

It's the natural next step for Square to add a wallet once they have enough people using their app.   I'm not sure why they haven't done it already.  Probably because it adds complexity and is expensive to administer.  But eventually they will, I would bet.

Starting out Square Register by having it be the simplest it could be (a free app for iPad + a $10 dongle) and making the design super simple yet be a fully functional point-of-sale system is a very smart and unprecedented approach.
6931  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: April 14, 2012, 09:41:09 PM
This means even if our servers got seized tomorrow you would still be able to access your wallet and move funds elsewhere.

Well, the ability to manually grab the private keys and move them to another tool was always possible through My Wallet, ... but this is more than that.

New Feature - Full offline mode

Yes, much more.  Just absolutely amazing, to be honest.

Today available to us is this full-featured Javascript-based wallet ("hybrid" wallet) that takes advantage of a hosted service to store an encrypted copy of the wallet and to push transactions to the Bitcoin network.  And the service does this without having access to the wallet's contents.  

But then with My Wallet's latest development, this hybrid wallet now also has the ability to continue being used even if the hosted service is offline.  Wow!

It was roughly just a little over year ago that the first spend transaction occurred without using the Bitcoin.org satoshi client (and knowing only the private key).  And before that it seemed a miracle simply to be able to import a private key into the bitcoin.org client's wallet.  According to the first person to do this, it took "an epic amount of work":
 - http://bitcointalk.org/index.php?topic=3716.msg53441#msg53441

Shortly after, BitcoinJ greatly expanded on the concept of creating transactions with one tool and broadcasting the transaction to the network using another.

But now a spend transaction can be constructed entirely with Javascript in the browser.
6932  Other / Beginners & Help / Re: Buying bitcoins in Chile? on: April 14, 2012, 08:57:17 PM
Any other options or suggestions are very welcome

Here is a merchant that accepts bitcoin for payment.  Maybe they might know a way to exchange CLP for BTC:
 - http://www.panchosconmotor.cl/index.php?option=com_contact&view=contact&id=1&Itemid=5
6933  Economy / Gambling / Re: BitLotto raffle is 1 yr old! Apr 4 jackpot *280 BTC*! May 2 over 167 BTC so far! on: April 14, 2012, 07:46:53 PM
Who is "they"? 

I see that BitcoTalk.org has a Class 1 cert with StartCom.  Free:
 - https://www.startssl.com/?app=40
6934  Bitcoin / Project Development / Re: GLBSE - request for next features on: April 14, 2012, 07:08:55 PM
A "news" source, that states announcements of new IPOs scheduled and on IPO day a summary of issue coming off the block.

Maybe just publishing it in a @BitcoinGlobal tweet would be sufficient for the level of activity the service has now.

And site status as well ... for things like:

Quote
It's not just you! http://glbse.com looks down from here.

 - http://www.downforeveryoneorjustme.com/glbse.com
6935  Economy / Services / Re: [Announce] thrucoin.com - yet another escrow service on: April 14, 2012, 11:03:59 AM
anyway, it's one more option on the table for those needing an escrow service.


The help page doesn't describe what happens if there is a dispute:
 - http://thrucoin.com/help
Which is pretty much the most important part of doing business through an escrow to start with...

Yup, ... bump.

Now that BTCrow appears to have gone offline, ThruCoin is the last escrow standing.
6936  Economy / Marketplace / Re: Any "buy anything for BTC on the internet" services available? on: April 14, 2012, 10:20:27 AM
I know that SpendBitcoins once had the "Buy Anything" option where you can point to a URL and they will buy the product for you and charge you in BTC. Does anyone know if such a service still exists?

 - http://www.bitcoinagents.com is a project suspended due to lack of interest, reportedly.  

Simply posting in the "Services" subforum something to the following effect:
 "Need buyer in [location] to buy and ship to [location]" and state an amount you are willing to compensate.

 - http://bitcointalk.org/index.php?board=52.0

You should have no problem finding numerous options.
6937  Other / Beginners & Help / Re: How to track real-world bitcoin adaption? on: April 14, 2012, 09:54:46 AM
Here's a thread describing some recent uses:
 - http://bitcointalk.org/index.php?topic=75621.0

The problem you are describing though is by design.  A pseudonymous digital currency does not give up much information -- which makes tracking real-world adoption difficulty, just as it is for tracking businesses that primarily use cash.

There are some businesses seeing fantastic success.  They are easy to spot because what happens is one starts to do well and grow and the next thing you know there are a half dozen competitors -- yet as they duke it out the better rise to the top and those not-as-nimble might just stagnate or fade away.

Here are some examples of the categories doing very well right now:

 - http://en.bitcoin.it/wiki/Trade#Dedicated.2FVirtual_Server_Hosting  (Web Hosting)
 - http://en.bitcoin.it/wiki/Trade#Connectivity (Anonymous VPN)
 - http://en.bitcoin.it/wiki/Trade#Precious_.26_Base_Metals.2FCoins (Gold & Silver Bullion)

In hindsight these make sense.  Anonymous VPN, paid for anonymously.  Check.   Gold and silver, ... hard money being paid for using ... hard currency.  Check.

Then there is one single merchant that offers more than a quarter-million different items for sale even, including commercial items such as a case of packing tape:
 - http://www.bitcoindeals.com/shop/product/442983?p=0

But if you add up all the purchases each day through all these merchants, ... you are only counting a tiny fraction of the 8,000 or so transactions we are seeing each day.  That might be the answer to your question ..., bitcoin just hasn't made much progress when used as a merchant payment system that competes against a Visa/Mastercard, for instance.

Instead the vast majority of the thousands of transactions each day occur to move funds back and forth to the exchanges for speculation, transactions to move funds to the miners when they receive payments for what their rigs earn as well transactions when they move out of bitcoins and into cash.

Funds are moved person-to-person (similar to how PayPal person-to-person payments is performed), as well.

To a lesser degree, bitcoin is used for online gambling:
 - https://bitcointalk.org/index.php?topic=75883.0
and for sending micropayments and tips:
 - http://BTCTip
and for buying new music:
 - http://www.CoinDL.com
and for trading in-game currencies person-to-person:
 - http://www.Ogrr.com
and for buying auctions when bids are succesful:
 - http://www.bitmit.net
and for ordering takeout:
 - https://www.eatgrubgo.com/bitcoin.htm
or delivery:
 - http://coincard.ndrix.com (Papa Johns)
or having dessert arrive in the mailbox:
 - http://www.mandrik.com
and for cigarettes:
 - http://www.cigs.eu
or the smokeless kind:
 - http://www.mandrik.com
and for sending a donation to a useful service:
 - http://archive.org/about/faqs.php#311
and for getting the ability to relax playing WOW:
 - http://bitcoincodes.com/index.php?unit=store&op=moreinfo&cat=7&info=10
and for paying rent:
 - http://bitcointalk.org/index.php?topic=73712.0
and then, of course, let's not forget what was at one time Bitcoin's most famous merchant:
 - http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html (seller of Alpaca socks)

But mostly, ... Bitcoin today is used for transferring funds to and from the exchanges.  Speculators buying in and miners cashing out.

That's essentially the extent of it.

For now.
6938  Economy / Gambling / Re: BitLotto raffle is 1 yr old! Apr 4 jackpot *280 BTC*! May 2 over 160 BTC so far! on: April 14, 2012, 06:32:04 AM
We are thinking of ideas. Anything in particular someone would like to see?

SSL.  Seriously ... it's getting to be about time that you have to support SSL.
6939  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: April 14, 2012, 06:10:19 AM
One of the factors considered when the site reviews newly submitted bets is whether or not there is an incentive to bet on both sides.  I've only seen one report of a bet being rejected for that reason though ("The world will end in 2012" which was rejected for it offered no economic incentive for anyone to bet "Agree".)

So, I'm guessing there has never yet been a bet that made it to expiration with bets sitting on only one side.

But as I recently learned, a bet could be closed if the outcome is known early.

So it is possible that a bet would close with bets on only one side.  The "Hugo Chavez will be re-elected" bet is one such bet:
 - http://betsofbitco.in/item?id=302

If he were to die today, there are no "disagree" bets at the present time.

How would that situation be handled?
6940  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: April 14, 2012, 06:07:38 AM
What happens of nobody disagrees?

One of the factors considered when the site reviews newly submitted bets is whether or not there is an incentive to bet on both sides.  I've only seen one report of a bet being rejected for that reason though ("The world will end in 2012" ...  and the admin must've been humorless that day and rejected it for having no incentive to bet "Agree".)

So, I'm guessing they've never had yet a bet that made it to expiration with bets on only one side.  They could close a bet if the outcome is known early so it is possible that a bet would close with bets on only one side.  The "Hugo Chavez will be re-elected" bet is one such bet.  If he were to die today, there are no "disagree" bets at the present time:
  http://betsofbitco.in/item?id=302

So that is a good question.  I'll ask and report back.

Meanwhile, you could always take that side of this AAPL bet so that your concern won't happen.  Smiley
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