I always say, if you want to know how much a Bitcoin is worth, mine one!  On the transaction side, the cost of the transaction will depend on how fast you want it processed, you cannot really set a fixed fee. In the future it will be customers competing for our processing power by setting their tip. Those who tip most get faster transaction processing. |
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SSA Publication No. 05-10064, July 1997 does not help you in this case because it is required by law.. " You aren't legally required to provide your SSN to a businesses unless one of the following is true:• You'll be engaging in a transaction that requires notification to the Internal Revenue Service; or • You're initiating a financial transaction subject to federal Customer Identification Program rules." http://www.identityhawk.com/Who-Can-Lawfully-Request-My-Social-Security-Number |
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Time Travel! Seriously keep it in a separate wallet and one day in the distant future it might be worth more than the transaction cost. See: http://bitcoinfees.com/
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If it arrives in time (BFL was 2 months away from delivering for over a year)
If they don't steal your money (happens a lot around here)
If it performs as expected (theory is never as good as reality)
As with any investment don't risk more than your can afford to lose.
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Gold, it'll survive thousands of years. |
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In the terms of service.. ( https://coinabul.com/index.php/terms-of-service) AML procedures
By using our services, you agree that you will not engage in any illegal activities, including but not limited to money laundering. Coinabul follows all applicable reporting laws mandated by the United States government and other governmental or regulatory bodies in relation to currency transactions. This means that transactions over $10,000 in Bitcoin value will require the submission of an IRS 8300 form which requires verification of your identity via government-issued identification card along with your tax identification number. Coinabul may also ask you for identification to satisfy our anti-money laundering (AML) requirements depending on your particular circumstances: this is for your safety as well as ours. Under our AML policies, Coinabul will not ship to anyone other than you at your permanent address; this means we cannot ship to PO boxes or mail forwarding services. Please be aware that if you are unable for any reason to satisfy the requirements of our AML policies we will be unable to process your order. I don't think a lawyer will help as every money changer has to comply with IRS and AML laws these days. If you truly believe it's a scam contact the FBI as they deal with Mail & Wire Fraud. |
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Bitcoin is not decentralized anymore since it went to ASICs
How many manufacturers of ASICs are there? <-- Control them, you control Bitcoin!
They let a few trickle out to keep the illusion that anyone can own one.
Just see who Yifu/Avalon now works for and their goals.
Litecoin is decentralized because anyone can mine with off the self PC parts. Litecoin was designed to keep FPGAs/ASICs out of the game, and keep the printing press in the hands of the people.
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I like capitalism, I love that the currency keeps up with inflation, and that it is an honest accounting (true capitalism).
I'm just saying everyone from the get go could see Bitcoin was going to be centralized and we would lose control of it.
Litecoin fairly keeps the printing press in the hands of the people which keeps it decentralized. Bitcoin greed lost sight of that.
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What blew it was the greed of people who wanted to use FPGAs and then ASICs to grab a bigger share. This led to centralization of the network, which lead to corporate/government takeover. See: 'Yifu now working with "famed banking family" to help government track addresses' https://bitcointalk.org/index.php?topic=333211.0I would not call them Utopians, but cold hearted capitalists, ready to sell their bitcoin souls for greater profit. If you want the Utopian/communist nirvana it can be found in Litecoin network where everyone has a fair chance to gain the same equipment to mine the coin supply. |
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Chinese state media supports Bitcoin, which is as good as saying the government does too.
This is the natural result of ASIC centralization of Bitcoin. I've warned about this for ages.
Well at least the price will rise with government backing but expect a power grab on the coin production as it becomes more valuable.
If you want a distributed coin network, you better keep mining those Litecoins boys!
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Man goes into a US Allentown Subway store and pays for meal in Bitcoins, another spotted in Russia too!  http://www.youtube.com/watch?v=zWsd1WwhhNgI wonder if it will catch on? Fast food outlets could use Bitcoin as leverage to get the government to let them accept EBT Cards (food stamps) I know they've been after that for a while. And so European bitcoiners don't go hungry www.takeaway.com is accepting Bitcoins too!  |
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 Can't get the laptop to run bfgminer. The laptop has an old mfr. installed half version of XP. I will have to upgrade or at least install a clean full version and then see what happens. The XP on that laptop was always buggy, originally sp1. I have a few oh, ummm.... borrowed OS copies laying around, you know just for preservation, the good of humanity and all that. Sounds old are you sure it has USB2 ports? You can always stick Ubuntu Linux on it if Windows sux. |
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this is a "Fresh Install" of Windows 7 Did you try installing the driver disc that came with the motherboard? Windows doesn't have a driver for everything, especially if it was a device made after it's release. |
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Nice, but you might want to stick a "We Accept Bitcoin" logo on the page to make it obvious. |
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How big is the transaction? Maybe it's too small to be worth moving?
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is a good option to mine from these BE usb pens in a HUB or is better to buy a single asic like a bitforce 5GH/S?
You need to work out the time to break even and decide if it's good enough for you. Use http://www.bitcoinx.com/profit/I work it out as 190days to break even if you paid $20 for 333MH/s @ 2.5w. |
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PS was there a crypto currency prior to Bitcoins/ I seem to remember something like that back in the mid 90's??
DigiCash/eCash? 1990-1998 Anonymous cash system based on RSA Cryptography. It went bust and eventually ended owned by search engine provider Infospace. |
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Buy an ASIC or mine Litecoins instead.
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Both, as they are two different interpretations of how to do this.
If Bitcoin fails, due to it's mining centralization, Litecoin will rise to take it's place as the most decentralized network.
Buy Bitcoins, but you can mine your own Litecoins on a PC, it was designed to make FPGAs/ASICs uneconomical.
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