1000BTC recently appeared at $820 limit sell, not seen a wall this big for a while.

Wonder who could put so many coins up for what looks like a single seller ?

I have today spoken to e-bay about protection for bitcoin sellers .

The representative outlined their concerns with digital items including ,games ,antivirus software .
They can offer protection for physical goods because they know how to track postage and that the buyers actually received the goods bought .
But any virtual,digital goods are impossible to track so they blanket do not protect these transactions .
You can put up adverts and sell but if you have a dispute or your advert reported it is likely to end in your adverts being taken down and a warning of some sort issued .

I explained that unlike other digital items the protocol behind bitcoin is an official record of every transaction of every bitcoin transfered from one address to another and that they could turn paypal and ebay into an acceptable place to sell bitcoin simply by understanding and accepting blockchain.info as an official record of bitcoin transactions .

I explained that if they implemented a policy that officially recognised blockchain info as a receipt and proof of transaction they could protect buyer and seller .
paypal protects buyer .
Blockchain protect seller .

I also explained that the other option was to sell on localbitcoins.com but they need you to have a margin of one bitcoin to trade there which currently stands at around $900 /600pounds which is to much for small players .E-bay which has currently no minimum would therefore be preferable with a minor tweek in policy .

I would like the help of the community to turn paypal and ebay into bitcoin friendly environments .

The more people that phone ebay /paypal asking for blockchain info to be recognised as an official form of ledger to prove the seller transfered the coin to the address supplied by the buyer ,the more likely they are to implement this policy .
All we need is people to pick up the phone and request blockchain info be official proof of transaction .
I do not think their is a big conspiracy against bitcoin they currently do not know how to track transactions ,please let them know .

Thank you peeps .

Hello ,
I'am a Uk contractor and wanted to set up a simple bitcoin payment option .

My issues

Filled application got e-mail to confirm ,The "CONFIRM" button does not work .

The "CONTACT" button does not work .

The "support" button does not work .

If I struggle to contact them during the application process I'am never likely to get the account up and running .

I thought this could be a useful tool for me but like most things bitcoin wise when I attempt to apply to real life it becomes impossible to do .

How did they get 1000 merchants with the current difficulties ?

Anyone successfully using the service have any help or opinions ?

searches on this forum result in single posts with no replies .

Anyone  know what news there has been regarding mtgox ??

There is currently a sell off since US 2:30

Its down about $10 just today .

Or is it just a lot of traders arbitraging between gox and bitstamp?

I offered to sell an item with 10% reduced price if thwy would pay in bitcoin .

Here is the result



MC018 Listing policy violation alert: Accepted Payments



Hello madscientistpaul,
After reviewing your eBay account, it appears that you have violated eBay's Accepted Payments policy. As a result, we've taken the following action on your account:
- Violating listings have been removed. A list of removed items is available further down in this email.
- We have credited all associated fees except for the final value fee for your listing(s).

Discouraging buyers from using a payment method that is offered on the listing page is not allowed. Sellers may be required to offer PayPal or a merchant credit card as a payment method.

Sellers are required to accept payment from buyers via the payment methods offered in the Payment Details section of their listing. Sellers are not allowed to discourage buyers from paying via these methods.

Sellers shouldn’t tell buyers they only accept certain forms of PayPal or certain credit cards. If you offer PayPal as a payment method in a listing, you are required to accept all forms of PayPal payment options without restrictions.

For more information on accepted payments, go to:
http://pages.ebay.co.uk/help/policies/accepted-payments-policy.html
You Stated ? I will offer a 10% discount if you can pay in Bitcoins ? . The listing description should not any way discourage buyers from paying by one of the methods that they offer. PayPal is not only convenient to use, but it also offers buyers and sellers protection assistance against fraud, chargebacks and theft of financial data. You mentioned ? Your bidding PER litre.I have 80ltrs ? in your listing. Sellers are not permitted to place conditions that require buyers to purchase additional items or services outside of eBay. As eBay makes its fees based on the insertion price and the final bid price of the listing the conditional required amount the buyer needs to pay after purchase goes directly to the seller which is considered as fee avoidance. You can relist after making necessary changes in the listing. I've noticed this is the first time you breached our policy, please take some time to read our help page below. If you have any further questions or doubts, please do not hesitate to contact eBay.
If you have more questions, contact our policy experts:
http://ocsnext.ebay.co.uk/ocs/home

Please be sure your future listings follow these guidelines. If they don't, they may be removed, and you may be subject to a range of other actions, including restrictions of your buying and selling privileges and suspension of your account.
Here's a sample of the listings we removed. To see the full list, go to My eBay, click the "Activity" tab, and then click the "Unsold" link under the "Sell" heading.
171134966815 - Used Vegetable oil
We appreciate your understanding.
 
Regards,

eBay Customer Support

Does not look like e-bay are friends of bitcoin

Hello ,
I got my Asicminer today and was figuring out which pool would be best for my miner .

I have been trying out mining with my graphics card gtx460 for a few days to see how it all works .
I watched a video and the guy showed me exactly how to set up my GPU to get on Slush's pool so thats what I did .
But now I got something 5 times faster and uses much less power I wanted to make sure I was using it efficiently and to set the foundation for future miners .

Lucky for me Slushes pool seems to be top of the list for efficiency.

There are some small pools that are as efficient but I trust slush's pool so no reason to try others .

Using the data on the pie chart we have :

POOL               Ghs  per block found   

Slush's pool       580
Eclipse             590
Giga's              593
50BTC             617
Asicminer solo   617
Discus fish        617
Ozcoin             617
175BTC.com     617
BTC                619
P2pool            645
GHash.10        674
Bitminter         715
Eligius            787

Although BTC Guild has the most Ghash powerand the most Blocks found Slush's pool finds more blocks per Ghs of power .
Since I'am only ever likely to have a couple Gh's of power I think Slushes will be the best for me.

I'am very new to bitcoin so any comments or advice would be very welcome .
Especially if I'am talking out my bottom.

Hello ,

I read a few posts and when people posts in a " 0.00005 " I have to close one eye to read the zeros especially when they do not put zeros after the "5" lol.


Would it be possible for forum goers to assume anything to the left of the decimal  is a BTC  and to the right is a satoshi ?

To save my winking at the screen We could have a format :-

1btc ,10btc, 100btc etc...

 To This ------>                1satoshi         ,10sat,    ,  100sat     1Ksat ,    10ksat,   100ksat,     1milsat ,   10milsat;
                                          ^                   ^            ^             ^           ^             ^             ^           ^                                                                                        ^                                        ^                   ^            ^             ^           ^             ^             ^           ^
 This --------->               .00000001 ,    .0000001 , .000001,   .00001   .0001         .001            .01             .1 
...
Just my humble suggestion after reading various threads.

What do you peeps think for my first post ?