Just use Dwolla to bitcoin address using bitinstant.  Problem solved.

I just read/heard somewhere that any gains made trading BTC is considered capital gains.

I bought a 5Gh indefinite contract and two 1 year contracts.  It's a risk.  But here's the thing, once those 6000 contracts are bought, that's it you can't get in.  Expired contracts will only be offered to existing customers. No new customers.  I've been in touch with Emanuel. He's very good at communicating, which says a lot.  They're depending upon BFL labs 1500 Gh miners and I was late to the game buying my own BFL miners.  I'm hoping to reap the rewards from cloudhashing while my BFL orders are pending.  Gotta play to win.

Im taking a calculated risk. Something people do all the time in free societies.  You can't win if you don't play.  Has nothing to do with being a noob.  Some people thrive on noob bashing.  How do you know I'm a noob,  just because I don't post a lot?   Please don't answer that. This thread is not for this discussion.

I've done my due diligence, my research.  It's premature to call this a ponzi scheme.  But the fact that they will only take 6000 contracts and no new customers is good in that respect.  Only existing customers can buy expired contracts.

Here's what I'm going to do.  I'm an adult U.S. citizen.  I file taxes every year.  I'm going to present the situation to my accountant.  I'm going to claim my ASIC miners as a business expense.  With that said, I'd need to set up a business.  I'll present the situation to my account and see what she says.  Of course she'll probably have no idea what to do.  Will probably just claim it as gambling winnings or something.  Gambling winnings is an excellent way to claim it, although high tax %, you'll be covered. 

If you're a minor, you may need to go through your parents.  Or you could take a chance and use a mixing service online.  Then take a trip overseas, set up a foreign bank account.  Albiet most won't take U.S. citizens anymore.  So in that case, renounce your American citizenship and live large overseas.  Donate your ASIC miners to cloudhashing.com in exchange for a couple of contracts, assuming you already have an open contract with them.  Live off bitcoins all over the worlds hoping America comes to its senses some day.  Oh, and live happily ever after.  Oh, and buy more gold..then bury it...then forget you ever read this thread.

jk (2nd paragraph) - serious on first

So I bought a couple contracts today.  And I have a couple problems already.

1.)  I can't log into my account.  There is no place to even log in.  So I don't even have an account.  It's like you buy it and wait and see. 

2.)  The contract count did not go up after I bought. I bought 3 contracts, it stayed at 5412/6000.  Even after they were confirmed.  Maybe it updates later.

3.)  Once all the contracts are sold, no more can be bought by new customers.  Only existing customers can buy the old contracts.  So eventually all the customers will be dead, what then?  And they could be down to one customer some day.  It's like John Maynard Keynes said, "In the long run, we're all dead."

4.)  I asked customer service about my id and password, they replied, "Someone will contact you shortly."  How long is shortly because that was over an hour ago?  Granted it is Sunday. 

5.)  A few typos on their website.  Punctuations, spaces, commas, and such.  Should be spotless.

Anyway, these are my objections.  But I still bought.  I understand growing pains are expected.

Plain and simple.  When I first found out about bitcoin, I called my coder friend.  He's a genius, knew google was amazing back in 2000.  I asked him if bitcoin was a scam, he replied, "No, the GPU manufacturers are the scam."  So I ordered a few BFL's.  "SMACK!"

I see dumb people and retarded forum rules.

Yo!  this is joae1975.  I'm a nube to this forum, but not a nube, just posting so I can post which is kind of retarded.  Thank you.

Bitinstant actually gave me a better rate.  I tried to buy April 9th at 10am EST.  BTC was around $190 then.  I sent multiple emails to Bitinstant with no help.  I finally sent one to http://bitinstant.ladesk.com/ opening a new ticket.  That seemed to do the trick.  I got my sale when mtgox was down at $127 so I guess they saved me money.  Try that link.

If it works you can send me a gift at 19BKdB1nMNuv497Pukqbaqksv348WEZXqd

 

The same exact thing is happening to me, except mine were ordered 2013-04-09 around 10am EST.  So 1 day after yours.  Did you get your funds yet?  I went from Dwolla to BTC address.  Customer support is not responding to me.  The online chat feature is an email.  Never using Bitinstant again!!!!  The free market is speaking Bitinstant and you are losing!!!!!!!

I have no clue what you all are talking about.  It's so confusing to me.  Is there an instruction on how to use gribble which is in dummy language?
I went here: http://wiki.bitcoin-otc.com/wiki/Bitcoin_address_authentication#Challenge-response
and it's still very confusing.
I'm using a mac.

Thanks!