Coin{Pal,Card} are now running a nightly build including the deadlock changes. I'll report here if bitcoind hangs again.
Was CoinPal's April 18th service issue related to this? Your post mentioned "I've restarted some server components and the site appears to be working fine now". |
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I don't know how you'd go about doing this
Are you saying you don't know how it could be done anonymously? One way would be to emulate how bitcoin does it -- the exchange creates a unique identifier for each USD payment request. |
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Will there be the ability to transfer USD from one account to another?
In effect, that would make this service functional for transacting anonymously using USD funds as well. i.e, can use the account as an eWallet or "bank" for USD funds.
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Friday, Apr 15th, 2011- Press:
Loosely Managed Digital Currency Could Be Avenue for Crime That’s Hard to Block by Colby Adams, published in MoneyLaundering.com
“‘there are perfectly legitimate, legal and philosophical reasons for wanting the financial anonymity that [Bitcoin] gives, but the other reality is, if this type of currency takes off, it will be a dream for the bad guys.”
“[How bitcoin works is a] step beyond any payment system I have ever seen.”
- http://bitcointalk.org/index.php?topic=5907.0 - Plato’s #BitcoinRoadTrip update
“Wanna learn about a new kind of money?” - Plato at Union College, Schenectady, NY
“Then to NYC Friday evening” w/ @BruceWagner
- http://therealplato.com/post/4637595448
- Video: http://www.youtube.com/watch?v=w5-52CPEluQ - Bitcoin exchange CoinPal increases purchase allotments
Purchase Bitcoins using PayPal — up to 50 BTC in the first week, when using a GPG key from the #bitcoin-otc WoT.
- http://coinpal.ndrix.com/page/prices - Business news: Bitcoin powered file sharing service, BitcoinService.co.uk, changes hands.
Negotiation and payment (in bitcoins of course) were completed within 20 minutes after the offer was listed.
- http://bitcoinservice.co.uk
- http://bitcointalk.org/index.php?topic=5879.0
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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A statement on Bitcoin's Web site contends that "sometimes you just want to send money from A to B without worrying about limits and policies."
That statement is from: http://www.weusecoins.com/ and the meaning of that might have been taken out of context: "More complex types of transactions can be built on top of Bitcoin as well, but sometimes you just want to send money from A to B without worrying about limits and policies." |
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Thursday, Apr 14th, 2011- Rally continues:
Exceeded $1.08 intraday. Multi-day trading volume, in dollar terms, unprecedented for this fledgling currency. - Bitcoin Economy Snapshot
“1 BTC = $0.94 USD, Size: 5.92M BTC, Last 24h: 0.12M BTC in 2.9K trx, Difficulty: 82.3K, Forum posts/day: 738, Nodes: 1.7K”
- http://twitter.com/bitcoineconomy - s3052’s Bitcoin Market Analysis
“BTC/USD rallied +78% over the past 10 trading days”
Long Term: ”The correction/consolidation from the all time high of $1.10 can be declared over.”
Short Term: “Given the huge rally we may see some pausing.” ”However it might be dangerous to bet on the downside.”
- http://bit.ly/evZTaC - Video
Bitcoin The Best Financial Privacy Is Here…Probably on YouTube
“Bitcoin has instantaneous transactions. You don’t have to worry about different timezones, or is it a holiday in that country. You don’t have to deal with going to the bank during banking hours.”
- http://www.youtube.com/watch?v=LSLByqTusaQ (length 6 minutes) - Article / Blog post:
Money, Currency and Bitcoin by Jonathan Harris
“We don’t know what money is. But if Bitcoin works as well as any other currency, then its fair to assume that it’s at least as real as anything else we call money.”
- http://jonone100.blogspot.com/2011/04/money-currency-and-bitcoin.html - Cyber Security starts looking at Bitcoin
“port scan for computers with an open #bitcoin port then banner scan that list of computers and wait for #0day?”
- http://twitter.com/SecAndSecTech/status/57626593480282112 - Milestone for Bitcoinity Wanted:
Bitcoinity Wanted shows commitments totaling nearly $1,500 so far in sales that have been pledged towards various merchants as an incentive to persuade them to begin accepting Bitcoin as payment.
- http://bitcoinity.org/wanted
- http://en.bitcoin.it/wiki/Bitcoinity_Wanted - New site: BitcoinGamer.com
Online gambling including Coin Toss, Roulette, Penny Slots, and Darts. Wagers from 0.01 BTC.
- http://bitcoingamer.com
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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Wednesday, Apr 13th, 2011- New exchange: Bitcoil
An exchange that trades between bitcoin and either Israeli New Shekels (ILS) or USD. The exchange rate is pegged to the market rate on Mt. Gox. This brings a total of 4 new currencies (GBP, PLN, BRL, ILS) which now have at least one Bitcoin exchanger.
- http://bitcoil.co.il
- http://en.bitcoin.it/wiki/Bitcoil - New Bitcoin Wikis recently added
The Bitcoin.it wiki already sites for English, French/Français) and Chinese/中文(中国大陆) and now the wikis for additional languages have been added:
- Italiano (Italian): http://it.bitcoin.it
- German (Deutsch): http://de.bitcoin.it
- Russian (Русский): http://ru.bitcoin.it
- Español (Spanish): http://es.bitcoin.it - Article / Blog post:
Bitcoin, Precious Metals, and Monetary Debasement on Practical Agorism blog
“The best part about it is there are so many ways to take advantage of the opportunity. You can start a business that accepts Bitcoins, you can build mining rigs, you can open an exchange, or you can simply buy Bitcoins and wait for them to appreciate.”
- http://practicalagorism.com/2011/04/12/bitcoin-precious-metals-and-monetary-debasement - Video:
Using Technology to Advance Liberty presented by Eric Johnson during Agora.io unconference
“Assault on people’s freedoms are coming from all directions.” “This presentation is about another way to fight back, by using technology.”
Covered are i2p, tor, osiris, freenet, truecrypt, mesh technologies, and Bitcoin.
- http://www.bitcoinmoney.com/post/4590735908 - Article / Blog post:
Legal Tender, Illegal Tender - will Bitcoin be banned? by Vitalik Buterin in The Bitcoin Weekly
“The government relies on the perception of legitimacy to survive, so it will fight against such an ideology tooth and nail, and if Bitcoin is too strongly linked to agorism it will itself be persecuted.”
The article was also published in The Monetary Future blog.
- http://bitcoinweekly.com/articles/legal-tender-illegal-tender-will-bitcoin-be-banned - #Bitcoin-OTC marketplace sees first bitcoin PUT option contract traded
“a challenge because not only might the two parties not be in the same country, they likely won’t even know each other’s true identity.”
- http://bitcoin-otc.com
- http://www.bitcoinmoney.com/post/4585101363 - Market exchange rate: Parity with USD reached once again on Mt. Gox exchange
Intraday high of $1/BTC reached, first time in nearly two months.
- http://bit.ly/hu3aH8 (chart showing 8-day, 40%+ rally)
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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His name comes from joined names of Japanese corporations who created him, Samsung-Toshiba-Nakamichi-Motorola. This man speaks heresy. Samsung is a multinational corporation based in South Korea, not Japan. Yup, that rumor is getting propogated, this time by Eric Johnson in his presentation that included Bitcoin: http://www.youtube.com/watch?v=TexNr_5J5AU#t=1031s |
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Tuesday, Apr 12th, 2011- Bitcoin Charts - new feature, Weighted Prices table
The weighted prices for several currencies is now displayed in table form. The weighted prices show for 24-hour, 7-day and 30-day periods.
- http://bitcoincharts.com/markets (viewed in column on the right hand side)
- http://bitcoinwatch.com under the title Currencies (Weighted Prices)
- http://bitcoincharts.com/t/weighted_prices.json (JSON feed) - s3052’s Bitcoin Market Technical Analysis - Special Update
- 3rd highest trading day ever on Bitcoins (in $ terms)
- After break out above $0.80 we immediately jumped to next resistance $0.90 as predicted. Surprises on the upside expected.
- http://bit.ly/fH1w5a - Exchange rate jump:
BTC/USD climbs to $0.89 on heavy trading on Mt. Gox. - Article / Blog post:
Bowling for Bitcoins – Meet the Trader 05 on The Bitcoin Bulletin interviews Gavin.
“Bitcoin has to find initial market niches where it is significantly better than existing solutions. I don’t think being less expensive than (for example) credit cards will be enough on its own”
- http://bit.ly/eLpk6X
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews
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There appears to be a number of people who use Dropbox or other similar service to backup their Bitcoin wallet. The "Securing your wallet" wiki page ( http://en.bitcoin.it/wiki/Securing_your_wallet ) suggests that you might use a service like Dropbox for storing an encrypted archive that contains your wallet. However, it appears many are using Dropbox to do a real-time backup of the (unencrypted) wallet.dat file. There are risks to doing this. A few days ago Dropbox was under the spotlight for having security issues. Coverage by TNW (TheNextWeb) summarized their report with: If you are worried about the security of your files generally, it would be advisable to not use Dropbox because files can be transferred to a computer you aren’t necessarily using. Anyone with access to your unencrypted wallet.dat could grab that file and use it, immediately or at any time in the future to spend your bitcoins. How might this happen? - Does your Dropbox account use the same username (e-mail address) and password that you used with any other site or service? - Do you have Dropbox installed on any other device using the same account? Your wallet.dat will "sync" / be copied to each target. - Are you using anything less than a "strong" password? Here's a good article on Password Security: http://www.infosecisland.com/blogview/12645-Check-Your-Password-Security.htmlRecently I learned of an instance where Dropbox was being used specifically to keep a single wallet.dat synchronized between two different installations of the bitcoin client. The Bitcoin client was not designed to accommodate multiple installations like this, and using Dropbox in this manner will likely bring lost bitcoins or other grief sooner rather than later. So that this message isn't overlooked, pardon me for "shouting": ********************************************************************* * * * PLEASE DO NOT USE DROPBOX TO SYNC YOUR WALLET BETWEEN COMPUTERS * * * ********************************************************************* Related: - How to set up secure bitcoin savings account in 14 easy steps http://bitcointalk.org/index.php?topic=5194.0 |
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Sunday, Apr 17th, 2011- New IRC channels
- #bitcoin-aus Bitcoin in Australia
- #bitcoin-marketing Marketing and promotion of Bitcoin - New project: NameCoin
A distributed naming system based on Bitcoin. Stores name/value pairs in blockchain. Could use .bit domain to glue namecoin domain names into the DNS
- http://github.com/vinced/namecoin
- http://bitcointalk.org/index.php?topic=6017.0 - Tool: MtGox Sierra Charts bridge
Feeds data from Mt. Gox to Sierra Charts trading and charting tool.
- http://bitcointalk.org/index.php?topic=6019.0 - Bitcoin BTC/USD exchange rate reaches an all-time high of $1.14 $1.19 (1 BTC = $1.14 $1.19 USD) on Mt. Gox exchange.
Saturday, Apr 16th, 2011- Press:
Online Cash Bitcoin Could Challenge Governments, Banks by @JerryBrito in Time Magazine’s Techland blog
“The good, though, turns out to be really good. Law-abiding citizens can carry on their affairs without anyone snooping on them or telling them what they can and can’t do.”
- http://ti.me/h5Vv91
Friday, Apr 15th, 2011- Press:
Loosely Managed Digital Currency Could Be Avenue for Crime That’s Hard to Block by Colby Adams, published in MoneyLaundering.com
“‘there are perfectly legitimate, legal and philosophical reasons for wanting the financial anonymity that [Bitcoin] gives, but the other reality is, if this type of currency takes off, it will be a dream for the bad guys.”
“[How bitcoin works is a] step beyond any payment system I have ever seen.”
- http://bitcointalk.org/index.php?topic=5907.0 - Plato’s #BitcoinRoadTrip update
“Wanna learn about a new kind of money?” - Plato at Union College, Schenectady, NY
“Then to NYC Friday evening” w/ @BruceWagner
- http://therealplato.com/post/4637595448
- Video: http://www.youtube.com/watch?v=w5-52CPEluQ - Bitcoin exchange CoinPal increases purchase allotments
Purchase Bitcoins using PayPal — up to 50 BTC in the first week, when using a GPG key from the #bitcoin-otc WoT.
- http://coinpal.ndrix.com/page/prices - Business news: Bitcoin powered file sharing service, BitcoinService.co.uk, changes hands.
Negotiation and payment (in bitcoins of course) were completed within 20 minutes after the offer was listed.
- http://bitcoinservice.co.uk
- http://bitcointalk.org/index.php?topic=5879.0
Thursday, Apr 14th, 2011- Rally continues:
Exceeded $1.08 intraday. Multi-day trading volume, in dollar terms, unprecedented for this fledgling currency. - Bitcoin Economy Snapshot
“1 BTC = $0.94 USD, Size: 5.92M BTC, Last 24h: 0.12M BTC in 2.9K trx, Difficulty: 82.3K, Forum posts/day: 738, Nodes: 1.7K”
- http://twitter.com/bitcoineconomy - s3052’s Bitcoin Market Analysis
“BTC/USD rallied +78% over the past 10 trading days”
Long Term: ”The correction/consolidation from the all time high of $1.10 can be declared over.”
Short Term: “Given the huge rally we may see some pausing.” ”However it might be dangerous to bet on the downside.”
- http://bit.ly/evZTaC - Video
Bitcoin The Best Financial Privacy Is Here…Probably on YouTube
“Bitcoin has instantaneous transactions. You don’t have to worry about different timezones, or is it a holiday in that country. You don’t have to deal with going to the bank during banking hours.”
- http://www.youtube.com/watch?v=LSLByqTusaQ (length 6 minutes) - Article / Blog post:
Money, Currency and Bitcoin by Jonathan Harris
“We don’t know what money is. But if Bitcoin works as well as any other currency, then its fair to assume that it’s at least as real as anything else we call money.”
- http://jonone100.blogspot.com/2011/04/money-currency-and-bitcoin.html - Cyber Security starts looking at Bitcoin
“port scan for computers with an open #bitcoin port then banner scan that list of computers and wait for #0day?”
- http://twitter.com/SecAndSecTech/status/57626593480282112 - Milestone for Bitcoinity Wanted:
Bitcoinity Wanted shows commitments totaling nearly $1,500 so far in sales that have been pledged towards various merchants as an incentive to persuade them to begin accepting Bitcoin as payment.
- http://bitcoinity.org/wanted
- http://en.bitcoin.it/wiki/Bitcoinity_Wanted - New site: BitcoinGamer.com
Online gambling including Coin Toss, Roulette, Penny Slots, and Darts. Wagers from 0.01 BTC.
- http://bitcoingamer.com
Wednesday, Apr 13th, 2011- New exchange: Bitcoil
An exchange that trades between bitcoin and either Israeli New Shekels (ILS) or USD. The exchange rate is pegged to the market rate on Mt. Gox. This brings a total of 4 new currencies (GBP, PLN, BRL, ILS) which now have at least one Bitcoin exchanger.
- http://bitcoil.co.il
- http://en.bitcoin.it/wiki/Bitcoil - New Bitcoin Wikis recently added
The Bitcoin.it wiki already sites for English, French/Français) and Chinese/中文(中国大陆) and now the wikis for additional languages have been added:
- Italiano (Italian): http://it.bitcoin.it
- German (Deutsch): http://de.bitcoin.it
- Russian (Русский): http://ru.bitcoin.it
- Español (Spanish): http://es.bitcoin.it - Article / Blog post:
Bitcoin, Precious Metals, and Monetary Debasement on Practical Agorism blog
“The best part about it is there are so many ways to take advantage of the opportunity. You can start a business that accepts Bitcoins, you can build mining rigs, you can open an exchange, or you can simply buy Bitcoins and wait for them to appreciate.”
- http://practicalagorism.com/2011/04/12/bitcoin-precious-metals-and-monetary-debasement - Video:
Using Technology to Advance Liberty presented by Eric Johnson during Agora.io unconference
“Assault on people’s freedoms are coming from all directions.” “This presentation is about another way to fight back, by using technology.”
Covered are i2p, tor, osiris, freenet, truecrypt, mesh technologies, and Bitcoin.
- http://www.bitcoinmoney.com/post/4590735908 - Article / Blog post:
Legal Tender, Illegal Tender - will Bitcoin be banned? by Vitalik Buterin in The Bitcoin Weekly
“The government relies on the perception of legitimacy to survive, so it will fight against such an ideology tooth and nail, and if Bitcoin is too strongly linked to agorism it will itself be persecuted.”
The article was also published in The Monetary Future blog.
- http://bitcoinweekly.com/articles/legal-tender-illegal-tender-will-bitcoin-be-banned - #Bitcoin-OTC marketplace sees first bitcoin PUT option contract traded
“a challenge because not only might the two parties not be in the same country, they likely won’t even know each other’s true identity.”
- http://bitcoin-otc.com
- http://www.bitcoinmoney.com/post/4585101363 - Market exchange rate: Parity with USD reached once again on Mt. Gox exchange
Intraday high of $1/BTC reached, first time in nearly two months.
- http://bit.ly/hu3aH8 (chart showing 8-day, 40%+ rally)
Tuesday, Apr 12th, 2011- Bitcoin Charts - new feature, Weighted Prices table
The weighted prices for several currencies is now displayed in table form. The weighted prices show for 24-hour, 7-day and 30-day periods.
- http://bitcoincharts.com/markets (viewed in column on the right hand side)
- http://bitcoinwatch.com under the title Currencies (Weighted Prices)
- http://bitcoincharts.com/t/weighted_prices.json (JSON feed) - s3052’s Bitcoin Market Technical Analysis - Special Update
- 3rd highest trading day ever on Bitcoins (in $ terms)
- After break out above $0.80 we immediately jumped to next resistance $0.90 as predicted. Surprises on the upside expected.
- http://bit.ly/fH1w5a - Exchange rate jump:
BTC/USD climbs to $0.89 on heavy trading on Mt. Gox. - Article / Blog post:
Bowling for Bitcoins – Meet the Trader 05 on The Bitcoin Bulletin interviews Gavin.
“Bitcoin has to find initial market niches where it is significantly better than existing solutions. I don’t think being less expensive than (for example) credit cards will be enough on its own”
- http://bit.ly/eLpk6X
Monday, Apr 11th, 2011 - Discussion thread on Bitcoin:
A thread titled Bitcoins - digital currency in the forum for the TwoPlusTwo poker strategy site caught some interest. Some excerpts:
“It seems like exchanges are the easiest target for governments (just like with online poker)”
“There are like 1,000 geniuses out there not sleeping at night. And you can buy “stock” in this start-up…Simply by buying the currency.”
- http://bit.ly/f2okfe - Bitcoin Economy Snapshot
1 BTC = $0.76 USD, Size: 5.89M BTC, Last 24h: 0.09M BTC in 2.0K trx, Difficulty: 82.3K, Forum posts/day: 638, Nodes: 1.8K
- http://twitter.com/bitcoineconomy - s3052’s Technical Analysis
Short term update:
- “BTC/USD pushed through 50h moving average and short term trendline.”
- “If 0.8 $ is broken, the 2 month downtrend is over”
- http://bit.ly/gONUJ8 (short term update)
Yesterday’s “weekly edition”:
Long term:
- “From a technical standpoint, the correction/consolidation looks bullish, as prices have formed a down-sloping parallel trend channel, often referred to as ‘Bull Flag’.”
- http://bit.ly/eaK98I (weekly analysis) - Plato’s cross country, bitcoin-only road trip has begun
First stop was in Quincy, MA. Plato’s V-6 firebird was getting 30 mpg — even so that’ll be a lot of bitcoins before L.A.! He’ll talk about Bitcoin at Union College on Thursday.
- http://bitcointalk.org/index.php?topic=4752.0
- Map: http://goo.gl/CflUH - PayPal applies “reserve requirement” to CoinPal
CoinPal, one of two exchanges which accept PayPal for purchasing bitcoins, has assessed by PayPal a 5% reserve requirement. ”They’re just being cautious” claims the exchange’s operator.
- http://bitcointalk.org/index.php?topic=2555.msg83900#msg83900 - Audio podcast / MP3:
Cypherpunkd Episode 005: “Bitcoin Mania” Part 1 - mids from AgoristRadio.com
On the fascination with the mining aspect of Bitcoin: “Don’t focus too much [on mining]. With gold, do you care where it came from? It’s the scarcity of it that people value.”
- http://agoristradio.com/?p=112
- http://www.bitcoinmoney.com/post/4531092714 - Article / Blog post:
BitCoin – a monetary revolution by TerjeP on Thoughts on Freedom blog
“Governments will always be able to shut down any serious alternate money schemes. Or at least that’s what I thought until I recently discovered BitCoin.”
- http://blog.libertarian.org.au/2011/04/08/bitcoin-a-monetary-revolution - XKCD Mining Pool
The allocation, if any, of mining proceeds that go to support XKCD has not yet been determined.
More information from the #xkcd-bitcoin channel on irc.foonetic.net
- http://www.bitcoinminer.com/post/4528907258 - New mobile service: SMSBitcoins.com
Charges for the SMS fee are billed to the mobile user’s phone bill.
Currently Belgium and the Netherlands. Eventually U.K., Australia and Ireland too.
- http://smsbitcoins.com
- http://en.bitcoin.it/wiki/SMS_Bitcoins
Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.com ( RSS) ( mobile) ( email) Previous summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well.
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