This is very similar to what Armory is currently doing for offline wallets but the transference method through usb stick is not as simple as the QR code,
But Armory's offline signing isn't standalone. That's all the offline computer does: lets you confirm the transaction details, and sign it. It still needs the connected instance to create the unsigned transaction which is than brought over to the offline system for signing. And here's the reason you wouldn't want to trust the merchant to build the unsigned transaction for you: - http://bitcointalk.org/index.php?topic=68482.msg1187718#msg1187718I haven't looked at this closely but the approach is interesting VisualBTC - Android-based hardware offline wallet using animated QR codes - http://bitcointalk.org/index.php?topic=210371.0
|
|
|
Is this down for good? Is there somewhere else I can buy bitcoin like I used too from bitinstant using moneygram/zipzap?
I need to make a payment in the next few days with BTC and I will need to setup a wire transfer ASAP if this is not going to be up soon.
From the BitInstant support thread: Cash deposits will be back Monday. Thanks for your patience.
|
|
|
Shutting down the GPU farms will be gradual as different countries have different electricity rates, the difference in electricity rate can be 10x between to countries. CPU mining fizzled out this same way. Eventually even the bot owners (who stole the compute time + electricity from their marks) quit even though it was still technically profitable because even the small effort put in yielded so little value in return. GPUs are not returning great profit but still today decently profitable for the typical (paying $0.15 per kWh). But back a few months ago the prognosis was that "in a few months" it's all over for GPUs. Well, the ASICs took longer to start shipping in quantity but they are today shipping and this is what is happening without the backorders even coming close to having been cleared: - http://bitcoin.sipa.be/speed-lin.pngMajor movement in BTC/USD price can make things completely different, GPU mining can end next week if there is a huge crash in BTC price, or it can continue through this year if BTC gains value rapidly.
Nope ... an exchange rate rise, even hitting BTC/USD of $500 won't keep the pace anywhere near the difficulty rise. Start planning some other use for your GPUs.
|
|
|
To increase the interest of bitcoin, there must be some products exclusively sold only for bitcoin, and those products should be in the high end segment. In this way, some specific consumer will try to get bitcoin, that will make bitcoin a little bit special
I'ld love to see some sought after product or service be offered with the only payment being Bitcoin. For instance, if there was some event that has sold out except for a block of tickets that can only be purchased with bitcoins -- that would cause many to enter their first bitcoin transaction. I opened a Question on Bitcoin StackExchange as a place to aggregate these exclusive to Bitcoiner deals: - http://bitcoin.stackexchange.com/questions/11546
|
|
|
not even sure what 2fa is, im guessing you mean an authenticator of some sort. i did not have one in place because my phone does not support the google authenticator and i dont have a yubikey.
How to use 2-factor auth on mtgox, even without a smartphone - http://bitcointalk.org/index.php?topic=111943.0This type of loss happens a lot: MtGox account got cleared out - http://bitcointalk.org/index.php?topic=85533.0All BTC disappeared from my Mt. Gox account - http://bitcointalk.org/index.php?topic=88368.0Another: - http://bitcointalk.org/index.php?topic=80562.msg941759#msg941759And another: My mtgox account got compromised, what can I do? - http://bitcointalk.org/index.php?topic=84585.0Yet more: MT.Gox account hacked - lost 2k USD - MT.GOX will not explain how. - http://bitcointalk.org/index.php?topic=89142.0And more again: Bitcoins stolen from MtGox - http://www.reddit.com/r/Bitcoin/comments/x8lcv/bitcoins_stolen_from_mtgoxAnd yet more: Stolen from Mt.Gox coins. Help return the coins. - http://bitcointalk.org/index.php?topic=119816.0Or more here: Email from Mt.Gox this morning. - http://www.reddit.com/r/Bitcoin/comments/z0na5/email_from_mtgox_this_morningAnd even more here: I just had $715 stolen out of my Mt. Gox account. - http://www.reddit.com/r/Bitcoin/comments/12j9gi/i_just_had_715_stolen_out_of_my_mt_gox_accountAnd the biggie: Bitcoinica MtGox account compromised - http://bitcointalk.org/index.php?topic=93074.0With more here: Unauthorized Account Activity on my Mt.Gox Account - Account Compromised/Hacked? - http://bitcointalk.org/index.php?topic=94140.0And even more: *MY* Mt Gox Account was Hacked - lost it all today... now what!? - http://bitcointalk.org/index.php?topic=137795.0Ditto: My MtGox account was just exploited - 3 BTC stolen - http://bitcointalk.org/index.php?topic=141816.0Ditto on the ditto: Just lost 190 bitcoins through Mt. Gox - http://bitcointalk.org/index.php?topic=141831.0And other ones get added to the list: Unauthorized withdrawal on Mt. Gox - http://bitcointalk.org/index.php?topic=147070.0And then here: How I got robbed of 34 btc on Mt.Gox today - http://bitcointalk.org/index.php?topic=173227.0And recently this: My MTGOX account was hacked! - http://bitcointalk.org/index.php?topic=186422.0And now yours: mtgox account compromised...anyone else? - http://bitcointalk.org/index.php?topic=229300.0And another fairly recent one: My funds and BTC have just disappeared from my Gox account! - http://bitcointalk.org/index.php?topic=174556And on other services as well. Here same thing happened to some GLBSE users: - http://bitcointalk.org/index.php?topic=84893.0And elsewhere, BitMarket.eu in this instance: - http://bitcointalk.org/index.php?topic=5441.msg1259168#msg1259168And on bitcoin.de as well: Bitcoins stolen from bitcoin.de. - http://bitcointalk.org/index.php?topic=130264.0In none of these was the person using multi-factor authentication. Mt. Gox has had Yubikey support for a while. Mt. Gox accounts now support Google Authenticator: - https://mtgox.com/press_release_20120605.htmlIf the exchange you are storing funds with doesn't provide OTP, consider using a different exchange: - http://bitcoin.stackexchange.com/questions/4113/which-two-factor-authentication-methods-are-available-at-which-exchangesIf you are storing funds in an EWallet, consider using a paper wallet. Again, here is a fantastic guide: How to use 2-factor auth on mtgox, even without a smartphone (from a second device, of course, not from the same computer you log in on). - http://bitcointalk.org/index.php?topic=111943.0
|
|
|
And the bitfloor hacker thanks you for your order. Ouch. Well, fortunately now there is integration with your shopping cart provider (3DCart) which works with BitPay so that you don't have to be exposed to counterparty risk of doing it yourself through an exchange. Looks like you're already doing this: - http://forums.3dcart.com/27113-post5.html
|
|
|
And if freelancer accepted bitcoins, you could point anyone who wanted to make a few BTC to that site with so many ways to make money. You are assuming that if they accept bitcoins as payment that they then pay out bitcoins to the freelancer/contractor. That would be nice but each side of it is independent -- they could accept Bitcoin payment and then pay out fiat, or hey could accept fiat and then pay out bitcoin as well. I know these sites have two problem areas ..., one being payment card/bank transfer fraud where the payment gets reversed (or claimed that it was not authorized). The other is with abuse where the "gig" was fake -- and was instead a front for money laundering. I don't know that a Freelancer will want Bitcoin to be used. Payment fraud (reversals/chargebacks) is one reason freelancer/contractors aren't working directly for others. But with Bitcoin payment there's no chargebacks. Thus there's no risk to dealing directly with an unknown party as long as services are pre-paid by the hiring party. So Freelancer, oDesk, etc. all rather enjoy the current necessity to use an intermediary. They are certainly aware of Bitcoin. This is from more than two years ago: Incidentally, here's a talk by Michael Levinson, VP of Product, oDesk, which has a lot of freelancers from developing nations. He describes the challenges to (and importance of) paying those contract workers. Notice that the bitcoin topic just keeps coming up over and over by those in the audience. (Which is interesting, because this video is [from May, 2011].) - http://vimeo.com/29287295
|
|
|
Really, you can pay anyone or any company. We just need your biller's contact info so we don't get into trouble when we pay your bills; why? FinCEN regulations. This is only temporary until everything is worked out in our backend, and the paperwork that is going to take some time to process is processed.
I see that has changed: Who can I pay using BillPayForCoins?
Until we expand further, any payments that you wish to pay through BillPayForCoins.com must be to a Biller located in the United States and the payment must be for rent or for a Supplier. - http://www.billpayforcoins.com/faq.php
|
|
|
starts at 12:27:
And continues to 31:06. GC as in General Counsel. The description for the episode reads: Constance Choi, Legal Council at Payward brings us up to speed on DC, Fincen & Treasury This was a fantastic interview! So this "meeting in Washington with Treasury", was this the same meeting that Gavin was describing where he'ld be meeting with Jennifer Shasky Calvery (director of FinCEN)? I'ld like to know more about that meeting (who, when, where).
|
|
|
For the question at the end about the "datacenters owning the bitcoins", a similar argument is how transaction fees go to the miners so the miners will be the ones who end up with the bitcoins. That isn't a problem though because mining has a trivially low barrier to entry, such as this ASICMINER USB block erupter: and thus there isn't much seigniorage over the long run. This is in contrast to fiat banking which is a regulated monopoly, consuming hundreds of billions of dollars of fees just in the U.S. (e.g., NSF fees, account maintenance fees, etc.), merchant fees (paid by the merchant but whose costs are built into the price charged), etc. With the banking system there is a structural flow of funds from the customers (user) to the provider (banks). With bitcoin, that's just not the case. As far as the miners having control of the network, that's not really true. The miners are essentially employees. Tony described this perfectly at 30:50 in the video regarding the March 11 hard fork. Hey said "which [side of the fork] which the majority of the users" is what determined which side the miners switched over to. And that's a perfect example of where miners didn't call the shots, ... nor did the Bitcoin developers. The mining capacity went to the side where those who pay the miners were on. Because Mt. Gox is still such a huge percentage of the market, if they had been on v0.8 that side of the blockchain fork would probably have remained the longest chain and everybody else still on v0.7 would have needed to take emergency measures to accommodate the resulting locking issue. i.e, the economic majority (those who have coins and those who buy coins) are the ones who control the miners and not the opposite.
|
|
|
Bridgewalker will ensure that you continue to have $20 worth of bitcoins, regardless of how the exchange rate develops. This essentially becomes a current account denominated in USDs -- one that is funded with bitcoins which are converted to USDs and then stored by your service. Wouldn't this make your service a target in the same manner as the digital currency exchanges who have recently lost their domains and/or bank accounts?
|
|
|
Does anyone live in an urban area and is willing to set up routers?
Can you describe further what it is you are asking help with?
|
|
|
Bah. I think this myth is BUSTED. It used to work. There still might be conditions where it works.
This week was a perfect example of how we had a pretty clear Weekend Dip green light, and following the Weekend Dip strategy would have yielded a nice gain. - http://bitcoincharts.com/charts/mtgoxUSD#rg10zczsg2013-05-21zeg2013-06-08ztgSzm1g10zm2g25Oh well, it's not reliable for trading anymore but I'll keep an eye out to see if the pattern returns.
|
|
|
Satoshi Square (Project Buttonwood) In-Person trading Wed. June 12, 2013 6:30-8:00 pm Downtown, L.A. (Grand Park) Spelunk.in invites you to attend Los Angeles’s first open air market! Satoshi Square LA will be Wednesday, June 12, from 6:30p-8:00p. We’ll be meeting up at the newly launched Grand Park downtown, at the fountain. This event is based on the Satoshi Square events in New York, and we’ll be using a version of Josh Rossi’s software to run the trades. The first 20 people to arrive will receive Gogocoin cards, filled with $5 worth of bitcoin each.
Grand Park is located in Downtown Los Angeles. It’s very close to City Hall and the Walt Disney Center. You can get there easily on the subway at the Civic Center stop. Parking for Grand Park is available in Lot 10 on N Broadway between First Street and Temple Street. Click here for a google map.
If you’re new to bitcoin, we can show you how they work. Can’t wait to meet other bitcoin enthusiasts and trade on June 12! - http://spelunk.in/2013/06/04/satoshi-square-la-june-12/ - http://dealbook.nytimes.com/2013/05/06/a-push-for-a-bitcoin-buttonwood/
|
|
|
Satoshi Square (Project Buttonwood) In-Person trading Wed. June 12, 2013 6:30-8:00 pm Downtown, L.A. (Grand Park) Spelunk.in invites you to attend Los Angeles’s first open air market! Satoshi Square LA will be Wednesday, June 12, from 6:30p-8:00p. We’ll be meeting up at the newly launched Grand Park downtown, at the fountain. This event is based on the Satoshi Square events in New York, and we’ll be using a version of Josh Rossi’s software to run the trades. The first 20 people to arrive will receive Gogocoin cards, filled with $5 worth of bitcoin each.
Grand Park is located in Downtown Los Angeles. It’s very close to City Hall and the Walt Disney Center. You can get there easily on the subway at the Civic Center stop. Parking for Grand Park is available in Lot 10 on N Broadway between First Street and Temple Street. Click here for a google map.
If you’re new to bitcoin, we can show you how they work. Can’t wait to meet other bitcoin enthusiasts and trade on June 12! - http://spelunk.in/2013/06/04/satoshi-square-la-june-12/ - http://dealbook.nytimes.com/2013/05/06/a-push-for-a-bitcoin-buttonwood/
|
|
|
|