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Is there any website that can import a private key and send all of those Bitcoins to a new public address? I know that some special clients can do this, but I don't want to download them.

Does anybody know how Mint Chip will actually work? How does it verify transaction? Is the transaction record kept on the chip, or does every transaction get checked by a central server somewhere?

I was helping a friend clear out her parents house. Her dad is gone, and her mom has alzheimers, so they are selling the family house and contents to help pay for her care. As we are moving boxes and boxes of stuff out to be auctioned, I picked up a shoe box that felt like it had lead bricks in it. Opened it up and the thing was stuffed full of mostly Canadian silver dollars. I don't know much about coins, but I do know the price of silver, so I told her to set the box aside. When we counted them later, there were about 280 silver dollars from 1965 and 1966. There were also a ton of other Canadian coins and a few American silver dollars and half dollars and some foreign currency that probably came from her grandpa's time in the navy. Does anyone know much about coin values. If I post some pictures can you give a ballpark of what it is worth?

Is there any kind of generic protocol built that can securely transact digital "goods" for bitcoins between two untrusting parties in an automated fashion? I was thinking of something like this:

Say you are sending someone money in the mail (pretend its instant mail for a moment) for bitcoins, but you don't trust them. What you would do is whoever is the person that goes first, decides what is the minimum amount that they would trust the other person with, or simply not care if they lost it. It might be 10 cents say. I don't mind taking a risk of losing a dime. So you break the transaction however big, into 10 cent chunks, and send it a dime at a time. Each time you get a little bit of bitcoin back until the whole transaction is complete and nobody had to use a trusted third party or stick their neck on the line too much.

Now obviously this would be slow as heck and expensive with mailing money. But maybe it could be sped up for digital goods. Say a video file broken up into short segments, or say paypal dollars after they have been safely withdrawn from paypal. It would have to be something that has continuous value for arbitrary smaller fractions, not only valuable as a whole. And since bitcoin transactions are easily verifiable, if the other transacted good it is something that both parties can agree on the verification of, then the whole process could be automated, with the software doing the verification and nobody taking any risk of (much) scamming.

What is the simplest way to get my bitcoins securely onto multiple usb sticks?

I don't want to futz around with extra operating systems or offline computers. I don't want to have to remember long passphrases. I am okay with the risk of assuming that I don't have any keyloggers on my computer at this moment. I don't need to be able to spend them anytime soon. What I want is basically a bunch of public addresses I can email to myself that I can safely send bitcoins to and have no worry of them disappearing in a computer crash or future hacking event.

Thanks.

I haven't seen anything about this yet. Basically it looks to me like Western Union took note of the many recent articles suggesting that Bitcoin could make it obsolete and decided to make some kind of move towards being more "digital". It doesn't seem like a very good service, but it sounds like they want into the 21st century.

http://www.engadget.com/2012/03/23/western-union-debuts-wupay-digital-platform-misses-the-point-of/

Dunno if this has been posted yet

http://www.itworld.com/security/249076/how-avoid-being-tagged-terrorist-dont-pay-cash-coffee

According to a set of guidelines sent out by the FBI as part of its Communities Against Terror program, ordinary citizens need to be on the lookout for suspicious characters who follow patterns of behavior particularly indicative of a covert operative with mayhem on his or her mind.

ie:

Using cash for small purchases like a cup of coffee, gum and other items is a good indication that a person is trying to pass for normal without leaving the kind of paper trail created using a debit or credit card for small purchases.

The most recent update asks coffee shop owners, baristas and other customer-service specialists to be on the lookout for the enemy who walks among us

It had to be said.

Edit:Sorry just saw that there actually was already a post over on the next page. This can be deleted.

[Wrong]

I propose a thread to call to account various predictions and forecasts that people have made. Obviously I am a bit biased towards my own posts. Feel free to post quotes of your own or from others:

Wrong

I am far from a bear and want Bitcoin to shoot up to $100/BTC but have seen time and time again that on long holiday weekends when people cannot get deposits into their Dwolla accounts until the following Monday, the price drops throughout the long weekend, further than an average weekend.

It dropped quite a but over 4th of July weekend, Labor Day weekend and even over Columbus Day weekend.

Those were 3 day weekends.

With Thanksgiving, it will be 4 days with no deposits.

How low do you think Bitcoin will fall?

Is this the "blood in the streets" moment to buy up BTC on the cheap?

My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.

^ Replace 2.20 with 1.20 and I agree with you. Anyone buying in right now is exposing themselves to a swift 40% haircut.

One more plunge in the next day or two to something in the low $2 range, possibly even below $2. Then a rise, probably sometime near the weekend with some jumps and starts up to about 2.9, probably not going to be breaking $3.

In the Middle
At ~$2.3

No. There's still a long way down.

I just saw that our manipulator is back buying 50k coins at $2.30 a piece of MtGox. Does this mean we have seen the last of this bear market? I think he figures he manipulated the market as low as it will go in one day. Quite the profits for him. Based on what I see over the last month we could see a rally to $3.50 in the next couple of days.

Whats everyone elses thoughts on this?

Right

Is this the "blood in the streets" moment to buy up BTC on the cheap?

My vote is yes. Any buys at or below 2.20 are almost guaranteed profits in my opinion.

This is just based on looking at charts and kinda guessing. But either way, I am confident that those calling for a new sub $2 normal price are crazy. It might touch below $2 for a short moment, but it is definitely going back up.

There'll probably be another build up period with volume piling up a little bit ahead of the bid wall pushing the price as high as 2.5, maybe even a little more.  Then the big wall(s) will come down, this guy'll sell into the fresh bids, there'll be another flurry of panic selling and we'll setup for it to happen again at a lower price.  My guess is this will keep happening until whoever this is has rid himself of bitcoins in exchange for money he can actually use for something.

One more plunge in the next day or two to something in the low $2 range, possibly even below $2.

First half of prediction... check.

Yeah, makes me wish I had started my latest short position at something higher than 2.17.  Well, at least by holding on tight and keeping my lunch down, I was able to keep all my limbs during the ride.  Now, whether to take a long position from here...

Most definitely go long until 2.9 Just don't leverage so bad that you can't take a few bumps on the way.

I really wish I had some money in Mt Gox right now. It's all locked up behind Bitcoinica's wide and slow spread as I watch the 10% price swings pass by

Title says it all. PM to work out details.

One more plunge in the next day or two to something in the low $2 range, possibly even below $2. Then a rise, probably sometime near the weekend with some jumps and starts up to about 2.9, probably not going to be breaking $3.

This is just based on looking at charts and kinda guessing. But either way, I am confident that those calling for a new sub $2 normal price are crazy. It might touch below $2 for a short moment, but it is definitely going back up.

Exclude any mining income because it gets a bit trickier to calculate the cost, or perhaps considering the starting capital as the first sale to USD. Just counting buying and selling how have you performed thus far? I just found myself to be down by about 12%, but that is at least an improvement from the deep hole I dug myself earlier this month.

I'm not super technically into how bitcoin works so maybe I am being dense here. But the way I see it, if there is a brute force problem that everyone is trying to solve. It will be faster if you don't waste time redoing the solutions you have already tried once. So if one computer is working on a brute force problem, they are just randomly trying solutions. But if a group of computers are working on a problem, do they somehow distribute solutions to check or tell each-other which solutions they have tried so nobody is wasting time? Is this how pools work? Do they get more out of their combined computing power than the sum of individual miners?

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

I'm curious about how much of a hassle will it be to try to explain where your money is coming from. My dollars are routed through an exchange which turns them into Bitcoins which are moved into a mostly anonymous (so far) Mt Gox account where they are traded. I have no way to actually prove the source of Bitcoins which are later converted back into dollars.

Someone is getting creative.

Edit: maybe it was just temporary or a Bitcoinchart freakout, but I saw a massive block of bids between 2 and 2.3 dollars. They made a perfectly straight ramp up to 2 but now it seems to be gone. I guess this thread is now pointless.

Since the price plummeted through $3 a few days ago, everyone buying has been scared and looking for some stability before they go back in. As confidence in stability rises it's going to lead to a lot of buyers jumping back onto the wagon in the next 24 hours, spiking up to something like $3.5, right where the price would have been if it continued falling at the steady rate it has all month. Then it'll settle in by Sunday and stay above $3 for a few days.

Same thing happened Sep 12 and Aug 18.

I have an unused steam key for Red Orchestra 2 I am looking to sell.